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PROFIT
& LOSS ACCOUNT FOR THE YEAR ENDED 31st DECEMBER
2005
| PARTICULARS |
31st
DEC., 2005 |
31st
DEC., 2004 |
| |
Nu. ch |
Nu. ch |
| |
|
|
| Interest on loans |
421,292,160.54 |
334,792,749.77 |
| Interest on bills
& cheques |
473,411.30 |
119,949.98 |
Interest on deposits
with other banks |
26,695,418.09 |
23,486,051.16 |
| Interest on RMA
bills & CRR |
60,801,934.23 |
57,606,039.43 |
| Interest
Income |
509,262,924.16 |
416,004,790.34 |
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|
|
| Interest on saving
deposits |
21,098,129.14 |
19,279,807.25 |
| Interest on fixed
deposits(including FTU) |
176,728,052.58 |
160,610,888.31 |
| Interest on recurring
deposits |
39,563.45 |
49,711.95 |
| Interest on miscellaneous
accomodations |
798,030.37 |
868,073.93 |
| Interest Expenses |
198,663,775.54 |
180,808,481.44 |
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|
|
| Interes Differential |
310,599,148.62 |
235,196,308.90 |
| Exchange, commissions,
& recoveries |
39,427,936.68 |
28,253,748.88 |
| Dividends (Gross) |
3,183,822.00 |
3,088,320.00 |
| Forex gains |
32,197,549.93 |
11,169,555.84 |
| Fees Income |
10,317,849.27 |
9,066,850.59 |
| Rents & other
receipts |
141,000.60 |
75,250.35 |
| Other Income |
85,268,158.48 |
51,653,725.66 |
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|
|
| Gross Operating
Income |
395,867,307.10 |
286,850,034.56 |
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|
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| Employment costs |
41,597,874.54 |
36,987,890.22 |
| Establishment
overheads |
8,312,038.55 |
8,681,858.83 |
| Communication
costs |
7,246,682.70 |
5,162,004.83 |
| Travelling expenses |
6,359,510.50 |
5,365,886.92 |
| Vehicles expenses |
571,079.67 |
502,224.25 |
| Computer running
& maintenances |
3,077,170.63 |
2,971,926.98 |
| Advertisements
& publicity |
1,160,869.67 |
862,554.65 |
| Entertainments |
389,453.97 |
400,973.20 |
| Gifts |
83,561.00 |
208,271.32 |
| Donations |
100,000.00 |
380,000.00 |
| HRD costs |
11,280,298.56 |
9,132,089.13 |
| Audit fees &
expenses |
150,000.00 |
120,000.00 |
| Legal & listing
expenses |
361,084.15 |
306,565.00 |
| Board meetings
expenses |
551,958.00 |
316,142.00 |
| Other banks charges,
fees etc |
1,323,295.51 |
1,524,092.91 |
| Stores |
633,164.13 |
235,992.00 |
| Miscellaneous
expenses |
1,228,044.92 |
913,964.92 |
| Deprication |
11,728,212.68 |
11,759,723.00 |
| Operating Expenses |
96,154,299.18 |
85,832,160.16 |
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|
Net Operating
Income
(carried forward) |
299,713,007.92 |
201,017,874.40 |
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