|
PROFIT
& LOSS ACCOUNT FOR THE YEAR ENDED 31st DECEMBER
2000
| PARTICULARS |
31st DEC., 2000
|
31st DEC., 1999
|
| |
Nu. ch
|
Nu. ch
|
| |
|
|
| Interest on loans |
125,763,278.90
|
108,504,117.06
|
| Interest on bills
& cheques |
35,302,82
|
96,488.25
|
| Interest on deposits
with other banks |
143,949,110.50
|
54,586,860.34
|
| Interest on RMA
bills & CRR |
5,365,406.40
|
7,543,812.70
|
| Interest
Income |
275,113,098.62
|
170,731,278.35
|
| |
|
|
| Interest on saving
deposits |
11,836,807.22
|
8,199,336.54
|
| Interest on fixed
deposits |
138,769,152.04
|
73,499,156.37
|
| Interest on recurring
deposits |
415,103.18
|
558,368.13
|
| Interest on fixed
term units |
4,572,545.13
|
6,677,966.70
|
| Interest on miscellaneous
accomodations |
181,758.14
|
0.00
|
| Interest Expenses |
155,775,367.71
|
88,796,450.61
|
| |
|
|
| Interes Differential |
199,337,732.91
|
81,796,450.61
|
| Exchange, commissions,
& recoveries |
13,370,914.62
|
9,337,193.18
|
| Forex gains |
6,034,780.00
|
7,842,800.00
|
| Surpluses on disposal
of assets |
49,248,062.51
|
9,648,630.23
|
| Rents & other
receipts |
0.00
|
80,000.75
|
| |
1,612,290.71
|
1,593,411.45
|
| Other Income |
70,266,047.84
|
28,502,035.61
|
| |
|
|
| Gross Operating
Income |
189,603,780.75
|
110,298,486.22
|
| |
|
|
| Employment costs |
22,001,818,48
|
19,895,467.56
|
| Establishment
overheads |
3,437,056.33
|
3,318,329.37
|
| Communication
costs |
2,544,303.04
|
2,266,001.50
|
| Travelling expenses |
1,384,771.31
|
1,001,651.75
|
| Vehicles expenses |
683,805.20
|
708,023.86
|
| Computerisation |
2,130,819.13
|
1,696,023.86
|
| Advertisements
& publicity |
667,616.10
|
980,314,50
|
| Entertainments |
146,176.30
|
199,518.02
|
| Gifts |
66,675.00
|
119,034.00
|
| Donations |
10,140,000.00
|
1,025,000.00
|
| HRD costs |
2,071,309.18
|
2,204537.42
|
| Audit fees &
expenses |
120,000.00
|
120,000.00
|
| Legal & listing
expenses |
40,221.00
|
71,130.00
|
| Board meetings
expenses |
170,548.20
|
202,562.80
|
| Other banks charges |
359,932.63
|
191,356.37
|
| Miscellaneous
expenses |
344,784.35
|
257,829.88
|
| Deprication |
3,448,627.86
|
3,095,722.19
|
| Bank promotion
expenses |
0.00
|
668,646.68
|
| Operating Expenses |
49,758,464,11
|
38,022,038.66
|
| |
|
|
Net Operating
Income
(carried forward) |
139,845,316.64
|
38,022,038.66
|
| |
|
|
|
|
