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    Consolicated PL Account

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    Darshan Kumar
    - The document is the Consolidated Profit and Loss Account for the year ended December 31, 2010 for an organization. It shows the organization's earnings and expenses for 2010 and compares it to 2009. - In 2010, the organization had a net markup/interest income of Rs. 22,545,678 thousand compared to Rs. 18,723,449 thousand in 2009. After provisions, the net income was Rs. 18,462,293 thousand in 2010 and Rs. 14,212,283 thousand in 2009. - Total non-markup/interest income was Rs. 5,867,308 thousand in 2010 compared to Rs. 6,078,257 thousand in 2009. - Total non-

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    Consolicated PL Account

    Uploaded by

    Darshan Kumar
    34 views1 page
    - The document is the Consolidated Profit and Loss Account for the year ended December 31, 2010 for an organization. It shows the organization's earnings and expenses for 2010 and compares it to 2009. - In 2010, the organization had a net markup/interest income of Rs. 22,545,678 thousand compared to Rs. 18,723,449 thousand in 2009. After provisions, the net income was Rs. 18,462,293 thousand in 2010 and Rs. 14,212,283 thousand in 2009. - Total non-markup/interest income was Rs. 5,867,308 thousand in 2010 compared to Rs. 6,078,257 thousand in 2009. - Total non-

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    - The document is the Consolidated Profit and Loss Account for the year ended December 31, 2010 for an organization. It shows the organization's earnings and expenses for 2010 and compares it to 2009. - In 2010, the organization had a net markup/interest income of Rs. 22,545,678 thousand compared to Rs. 18,723,449 thousand in 2009. After provisions, the net income was Rs. 18,462,293 thousand in 2010 and Rs. 14,212,283 thousand in 2009. - Total non-markup/interest income was Rs. 5,867,308 thousand in 2010 compared to Rs. 6,078,257 thousand in 2009. - Total non-

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    34 views1 page

    Consolicated PL Account

    Uploaded by

    Darshan Kumar
    - The document is the Consolidated Profit and Loss Account for the year ended December 31, 2010 for an organization. It shows the organization's earnings and expenses for 2010 and compares it to 2009. - In 2010, the organization had a net markup/interest income of Rs. 22,545,678 thousand compared to Rs. 18,723,449 thousand in 2009. After provisions, the net income was Rs. 18,462,293 thousand in 2010 and Rs. 14,212,283 thousand in 2009. - Total non-markup/interest income was Rs. 5,867,308 thousand in 2010 compared to Rs. 6,078,257 thousand in 2009. - Total non-

    Copyright:

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    Download as PDF, TXT or read online from Scribd
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    of 1

    Consolidated Profit and Loss Account

    for the year ended December 31, 2010

    December 31, December 31, Note December 31, December 31,


    2010 2009 2010 2009
    US $ in ‘000 Rupees in ‘000

    525,606 488,413 Mark–up / Return / Interest earned 24 45,011,184 41,144,667


    262,336 266,154 Mark–up / Return / Interest expensed 25 22,465,506 22,421,218
    263,270 222,259 Net Mark–up / Interest income 22,545,678 18,723,449

    35,903 37,546 Provision against non–performing loans and advances 10.4 3,074,576 3,162,963
    15,057 12,673 Provision for diminution in the value of investments – net 9.3 1,289,404 1,067,608
    (3,277) 3,331 (Reversal) / provision against lendings to financial institutions 8.5 (280,595) 280,595
    – – Bad debts written off directly 10.5 – –
    47,683 53,550 4,083,385 4,511,166
    215,587 168,709 Net Mark–up / Interest income after provisions 18,462,293 14,212,283

    Non mark–up / interest income
    30,902 33,241 Fee, commission and brokerage income 26 2,646,260 2,800,306
    13,059 16,369 Dividend income 1,118,270 1,378,919
    4,888 9,045 Income from dealing in foreign currencies 418,524 761,934
    16,764 13,075 Gain on sale of securities 27 1,435,594 1,101,477
    Unrealized loss on revaluation of investments
    (32) (4) classified as held for trading – net 9.14 (2,668) (365)
    2,935 427 Other income 28 251,328 35,986
    68,516 72,153 Total Non–markup / Interest income 5,867,308 6,078,257
    284,103 240,862 24,329,601 20,290,540

    Non mark–up / interest expenses
    132,468 112,980 Administrative expenses 29 11,344,090 9,517,584
    3,867 (670) Provision / (Reversal) against other assets – net 13.2 331,077 (56,431)
    Reversal against off–balance sheet
    (1,031) (301) obligations – net 19.1 (88,239) (25,353)
    2,992 2,561 Workers Welfare fund 31 256,146 215,741
    832 800 Other charges 30 71,248 67,377
    139,128 115,370 Total non–markup / Interest expenses 11,914,322 9,718,918
    – – Extra–ordinary / unusual items – –
    144,975 125,492
    Profit before taxation
    12,415,279 10,571,622
    Taxation 32
    48,760 42,158 Current 4,175,600 3,551,493
    4,362 – Prior years 373,475 –
    (4,877) (1,533) Deferred (417,613) (129,181)
    48,245 40,625 4,131,462 3,422,312
    96,730 84,867
    Profit after taxation
    8,283,817 7,149,310

    142,050 100,613 Unappropriated profit brought forward 12,164,662 8,475,791
    421 384 Transfer from surplus on revaluation of fixed assets – net of tax 36,046 32,360
    142,471 100,997 12,200,708 8,508,151
    239,201 185,864 Profit available for appropriation
    20,484,525 15,657,461

    0.13 0.11
    Earnings per share – Basic and Diluted (in Rupees) 33 10.59 9.14

    The annexed notes 1 to 46 and annexure II form an integral part of these consolidated financial statements.

    Chief Financial Officer President and Chief Executive Director

    Director Chairman

    153

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