114, Motijheel Commercial Area
Dhaka-1000
Bangladesh
NRB Commercial Bank Limited
…………………………………………..
Financial Statements for the period ended
30 September 2014
NRB COMT,IERCIAL BAiIK LIMITED
tu at
Balance Sheet
30 S€otember 2014
Particulars
t-.,l@
lll:t
ffi
PROPERTY AiID ASSETS
Cash:
ln Hand (lncluding Foreign Currencies)
Balance with Bangladoch Bank and its agent bank (s)
(including foreign currencies)
Balance
with other banks lnd financial institutions
3
3.1
3.2
4
In Bangladesh
Outside Bangladesh
oney at call and shoft notice
InYestments
6
Eills purchased and discounted
Flxed asrets including premises, furniture and fixtures
Other assets
2.69.48.60.229
2,s8,79,03,2t7 I I
rr,og,sz,orz
||
4.21.61.50.441
4,r9,5r,9,66s
z,og,ss,tto
I
I
5
Government
Others
Loans, advances and lease /investments
Loans, cash credits, overdrafts etc./ investments
I
I
7
8
I
I
I
I
5.06.92.56.981
3,77,61,11,922 I I
t,zg.:t,qs,osg
U.32.44.539
9,32,44,s39
I
I
1t.27.52.43.654
II
sr,eo,qq,qra I |
10,69,7r.99.236
3.)1.7r.45.44\
3.68.32.56.241
:,:o,ss,zo:
9
26,43,51,455
14,51,49,166
10
75,02,6,755
s0,9s,08,218
I
I
Non - banking assets
@
Total assets
LIAEILITIES
Li.bilitics
A
@
D CAPITAL
Borrowings from other banks, financial institutions and ag€nts
t1
Deposits and othea accounts
t2
t=j9-.30^8-te36l
4,90,99,55,503
Current accounts and other accounts
Eills payable
Savings bank deposib
Special nohce deposits
Fixed deposits
Other deposits
77,53,45,t54
r3,68,15,121
43,96,34,48
23,02,00,340
!0,63,61.,07,327
3,18,61,689
7,55,40,097
3,68,38,153
4,05,48,59,292
Other liabilities
t
Total liabilities :
-----fi7tBid::r ------5],:.f4fr.s,;
Total Shar€holders' Equlty
Paid -up capital
Statutory reserve
Other res€rve
Retained eamings
Totnl Li.bilities and Shareholders' Equity
14
15
16
1)
1E,%,6e,46s1
l--------n6,st,4111
NRB COM]i{ERCIAL BANK UMITED
Balance Sheet
As at 30 September 2014
Particulars
OFF
. EALANCE SHEET
Contingent
EXPOSURES
liabilities
l8
Acceptances and endorsements
Letters of guarantee
Irrevocable letters of credit
3.69.S7.84.710
1.08.3r.05.798
51,72,90,4t0
lt,57,34,254
1,43,22,08,767
64,54,04,000
12,u,95,1_93
Bills for colledion
45,03,28,034
Other contingent liabilities
Other commitments
Documentiry credits and short term trade -related transactions
Forwad asseb purchased and forward deposits placed
Undrawn note issuance and revolving underwriting facilities
Undrawn formal standby facilities , credit lines and other commitments
Liabilities against forward purchase and sale
Total Off-Balance Sheetexposures including conungent liabilities
________1J!.119t298
Other memorandum items
Value of travellers cheques
Value of savings certificates (sanchaya patra)
These Fanancial Statements should be read in coniunction with annexed notes
(l
to 45)
-Muiibur Rahman
Chief Fianacial Officer
Dhaka, 23 October 2014
NRB COI.IMERCIAL BANK LIMITED
Profit and Loss Account
For the Period ended 30 September 2014
Particulars
OPERATING INCOME
lnterest income
[ess: lnterest paid on deposits and borrowings, etc.
Net interest inaome
lnvestment income
Commission, exchante and brokeraEe
Other operatinS income
Total operatlnS lncome (A)
I
E
f ',;;-':,'l t''',';*-l I"Tf ill tE,,,,;:;ilI
rs f
20 |
r-1a%s3,73t'lfrr-r4j1p1,
gs.z:.so,o:a
ll
15,18,57.701
zt
,,
f
23 ||
ro.:o,ss,geq
I
J
II
21,94,05,056
4t666sEil l--jr-rx81.11t1
aq,ae,Btlz ll
t,gq;tpe I
(79,48,14s)
10,95.09.919
ztE,nji.nilt 3r/rEl l--- nlqrqsu ll----rt.-rr.4
6,is,is,663ll sr,ro,ser ll
z,zt,zetza | |
rr.zs.zoz
1,62,7s,4o8ll 10,14,613
s6,s2,ss1
7,01,700
B-_l
|
|
I
ll
60,84,84,945
22,95,03,991
22,7 1,67 ,7 61
50,14,365
8,36,96,794
3,40,97,L43
20,780
27,96,620
61,12,745
48,50,000
35,92,7 42
6,08,623
8,01,129
95,76,4L7
,,rr,rr,rro
|
11,35,03,739
OPERATING EXPENSES
Salary and allowances
Rent, taxes, insurance, electricity, etc.
Legal expenses
24
18,44,69,214
5,51,53,982
25
9,66,6t,122
26
Postate, stamps, telecommunication, etc.
Stationery printin& advertisement, etc.
27
Chief Executive's salary and fees
Directors' fees & meeting expenses
29
L,30,376
71,02,62A
2,36,94,551
73,25,000
22,25,450
6,77,62,202
30,225
Auditors' fees
CharSes on loan losses
31
Depreaiation and repairs of Bank's assets
Other expenses
Total operating expenses (B)
33
28
30
6,85,57,956
35
36
37
Total provision {D)
Profit before taxation (C-D)
Provision for taxation
Current tax
0eferred tax
Net profit after taxation
38
39
|
I|
I
I
I
I
I
I
I
I
45,82,05,031
t5,o2.19,94 6,75,04,294 4,04,97,919
7,2s,2o,879
ra,oa.or:
2.16,53,s09
ll
llll
2,20,74.s80 I
I
|||
41.29,802 |
r.oe.os.rzs I
o,.rr,,.o1l
28.44,s66
I
I
t.re.oru
B.qt )so
I
I
I
7,88,90,318
3,46,11,421
r.ze.ss.sas
8,53,513
ta8.6t-r[ -- r"%os,s63l f]1,r3ptzg5i
ll
4,75,73,986
r,sg,zg,rz:
(ro,sz,sooll
2,37,47,449
I
[l
r,ar,so,zcz ll
2,33,sO,a46
I
I
I
2,19,24,436
2,42,04,359
I
so.sr.sog
5,46,86,914
1,75,52,463
I
,o,rr.rr,
1,26,88,986
4,12,99,912
I
zs.g:.rso
o.rg.ser
ll
Appropriationsi
93,17,885
r8jrtl
(ar.ro,srz)l
1,26,06,55t
['--T[*--'f[:11[3
Statutory reserve
Generalreserve
Dividends, etc.
3,66,36,603 t,54,87,467
Retained surplus
l{et profit attrlbutabl. to the shareholders:
Earnints per ihare (EPS)
40
0.1070
These Financial Statements should be read in conjunction with annexed notes
0.0534
(l
1,85,09,974
0.0525
to 45)
D€iVAn Hujibur Rahman
Dhaka, 23 October 2014
I
ztvtl
9,55,93,001 2,62,04,382 1,62,87,580
71,12,928
1
z.ze.ss.grs
tl|
I
16,19,99,697 18,66,75,822
34
Profit before provision
(C = A-B)
Provision a8ainst loans and advances
Provision for diminution in value of investments
Other provisions
11,82,183
fr-Jrlrss4
82,21,664
0.0283
NRB COT,IMERCIAL BANK LIMITED
Statement of Cash Flows
A. Cash flows from operating activities
tnterest receipts in
tnterert paid
Dividend
cash
incarh
receipts
cash
Recoveries on loans previously written off
Paymenrs to emptoyees
Paymenrs to supptiers
lncome ta(es paid
Receipts kom other operating activities
Payments for other operatinS activities
Fee and commission
receiptr in
Ope..ting proft b€rorr chanSes in op€rating asseti &
lncrease/decrease ln operating assets and llabilitles
llabllltles
l|
I
I
I
|
II
41 |
42 |
Purcahsed of Trading Security
Loans and advances to Other
Loans and advances to
other
assetr
Bank(s)
customers
I
|
43 I
I
|
I
44 |
bank(s)
oeposits trom customers
rrading liabilities (short-term borrowints)
Other liabilirip(
Oeposits trom other
liabilities
(A)
ttl€t increase/(decrease) ln op€,atlng
l{et.ash from opcratlnt activitiej
g. cash f,owsfrom lnvestlnt activities
(Purchase)/ sate of sovernment
{Pu.chase)/sale of Non-tradrnS
(Purcahse)/Sale of
securiries
security
|
I
f,owi f.om financinS actlvitles
Bank
Eorrowing from other Bank(r)/ BanStadesh
lncrease/(decrease) in lonS-term borrowinSs/ Loan capitat & Debt
Receipl kom issue of
Dividend paid
Ordinaryshares
(C)
Money at call and on shon
Reverse
Repo
Balance
notice
ti::f,
bank(s)
institutions
with Bangladesh Bank and its agent
Balance with other banks and financial
I
I
I
I
I I
I
(t,SS,AO,Se,f:f)l
(rz.gs.sa.osstl
I
(r,Zr,OZ,fS,z:Stl
I
II
$,co,ls,es,szgl I
II
eS,Sg,qe,Slr | |
tso.zo.ss.szotl
I
z,sz,ag.i.qzs
I
I
3,32,5A,66,2A4
t,OZ,U,eZe
L,25,tg,OZ,7gf
3,66,13,Of,r26
L,25,16,6,@s
I
Tl-r-1-rrr.768il
II
I
I
(rs,zg,ge,esz)l |
l4,St,72,gl,2&tl
{r,ZS,:r,+S,OSS)l
76,52,94,124
(A+B+c)
E. Eftects ofexchange rate changes on cash and cash.quivatents
F. Cash and cash equivalents at the beginnin8 ofthe year
Cashandcashequivalentsattheendoftheyear[D+E+FI
n::**'
I
I
(to,sg,er,qm)l
pi"ez"B6,2ag)
l--69,30"84,94 TIJ_-,OOoOom I
I
I I
I
I,zz,OSpA I I c,zs,rs,gs,ooz I
I
Capitat
Net caih from/(used) in financlng activlties
D.Net increase/(de.rcase) in cash and cash equtvatents
Cash and cash equlvalents:
a-,o,46ii1
I {s,og,gg,zgttl
r,:S,ZOOll
els.ls,A1Z I I
51.34.941
II
(o,zz,oa,aoa)l
{zo,+,rz,s:r1l |
tz,ss,rr,srall |
{ss,rs,rr1l
II
,r,rr,or.rr, I I
49.63.99s
(re,r:,go,zza)l I
tS,Og,Os,71otl
33,54,35,44f 2j6,789
177,37,99,9@ll
4s f--dfriii^
I
Share/Securitier
(Pur.hasel/ sale ol prope(y, plant and equipment
Net caih trom/(used) ln Investint activities(B)
C. Cash
t,14r4r4psrl
4,44,La,Ag,O47
l---(r,o6rs,d;ll f5_l-?_-4?"58-gor]
I
ll
I
I a,SZ,Ze ,el,@a
I
4,43,19,51,566
ll
5
=-1
I
3s,oo,oo,o@
I
3.2 |
4 |
Thes€ Financial Statements should be read in coniunction with annexed notes
5,17,47,68,801
(t
1,OS,29,OO,O73
Z,SS,AA,A,ZZS
4,43,19,51,566
5,77,47,68,803
to 45)
Oewan Mujibur Rahman
l,lanaging Director & CEO
Dhaka, 23 October 2014
NRB COMMERCIAL BANK LIMITED
Statement of Changes in Equity
For the Period ended 30 September 2014
Particulars
Balance at 31 December 2013
Paid-up capital
4,37,38,49,812
Statutory
reserve
General
reserve
76,62,052
-
Foreign exchange revaluation
reserve on investment in
foreign operation
-
Investment
revaluation
reserve
33,07,486
Retained
earnings
1,43,66,346
Total
4,39,91,85,696
Effects of changes in accounting policy
-
Net profit after taxation for the year
Addition/(Adjustment) made during the year
7,22,09,188
1,09,37,383
6,15,73,805
4,75,73,986
4,75,73,986
(1,09,37,383)
13,37,82,993
Foreign exchange fluctuation
-
Balance at 30 September 2014
4,44,60,59,000
1,85,99,434
-
-
6,48,81,291
5,10,02,949
4,58,05,42,675
Balance at 31 December 2013
4,37,38,49,812
76,62,052
-
-
33,07,486
1,43,66,346
4,39,91,85,696
These Financial Statements should be read in conjunction with annexed notes (1 to 45)
Harunur Rashid
Chief Fianacial Officer
Dewan Mujibur Rahman
Managing Director & CEO
Dhaka, 23 October 2014
5
NRB COMMERCIAL BANK LIMITED
Liquidity Statement
Assets and Liability Maturity Analysis
As of 30 September 2014
Particulars
Up to 1 month
Assets
Cash in hand and with banks
Balance with other banks and financial institutions
Money at call and on short notice
Investments
Loans and advances
Fixed assets including premises, furniture and fixtures
Other assets
Non-banking assets
Total Assets (A)
Liabilities
Borrowings from Bangladesh Bank, other banks, financial
institutions and agents
Deposits and other accounts
Provision and other liabilities
Capital & Reserve
Total Liabilities (B)
Net Liquidity Excess/(Shortage) (A-B)
36,49,32,298
88,77,19,811
35,00,00,000
7,02,00,789
92,92,03,598
1,58,01,406
2,61,78,57,901
1-3 months
19,54,63,738
85,66,19,117
10,85,01,220
2,15,01,08,325
3,66,03,257
3,34,72,95,655
(53,00,00,000)
(3,18,71,46,905)
(6,50,31,343)
(3,78,21,78,248)
(1,16,43,20,347)
3-12 months
(3,68,84,54,282)
(8,95,66,090)
(3,77,80,20,372)
(43,07,24,717)
95,45,21,302
14,86,01,670
3,87,55,15,005
6,21,05,526
5,04,07,43,503
(16,30,84,936)
(6,24,06,91,843)
(80,31,12,586)
(7,20,68,89,365)
(2,16,61,45,863)
1-5 years
Total
Above 5 years
1,30,77,14,699
2,74,59,10,631
58,81,52,331
4,64,17,77,662
(1,58,94,23,391)
(16,49,16,918)
(1,75,43,40,309)
2,88,74,37,353
82,25,47,401
3,43,42,38,602
1,57,45,06,096
26,43,51,455
4,76,04,236
6,14,32,47,790
1,38,29,43,437
2,69,88,60,229
35,00,00,000
5,06,92,56,981
11,27,52,43,654
26,43,51,455
75,02,66,755
21,79,09,22,511
(61,22,09,010)
(7,67,42,532)
(4,58,05,42,674)
(5,26,94,94,216)
87,37,53,574
(69,30,84,936)
(15,31,79,25,432)
(1,19,93,69,469)
(4,58,05,42,674)
(21,79,09,22,511)
0
These Financial Statements should be read in conjunction with annexed notes (1 to 45)
Harunur Rashid
Chief Fianacial Officer
Dewan Mujibur Rahman
Managing Director & CEO
Dhaka, 23 October 2014
6
NRB COMMERCIAL BANK LIMITED
Selective Notes to the Financial Statements
For the Period ended 30 September 2014
1
Accounting Policies:
Accounting policies have been followed in preparing these financial statements are same as applied in financial statements of the
Bank of preceding financial year.
2
Provision and Others:
a. Loans & Advances:
Provisions for loans and advances has been made as per directives of Bangladesh Bank issued from time to time.
b. Investment:
Provisions for diminution in value of investment is made for loss arising on diminution value of investment in quoted
shares and is given effect in the accounts on quarterly basis.
c. Taxation:
Provision for income tax has been made on taxable income after necessary add back in accordance with the provisions of
Finance Act 2014, the Income Tax Ordinance 1984 and other relevant legislation as applicable.
d. Others:
Figures relating to previous year/period included in this report have been rearranged, wherever considered
necessary.
7
Amount in Taka
30-Sep-14
31-Dec-13
3
Cash:
Cash In Hand
Balance with Bangladesh Bank and its agent bank(s)
(Note: 3.1)
(Note: 3.2)
3.1 Cash In Hand
In local currency
In foreign currency
(Note: 3.1.1)
33,00,43,364
1,05,29,00,073
1,38,29,43,437
6,90,48,955
23,73,45,909
30,63,94,864
32,59,70,079
40,73,285
33,00,43,364
6,53,18,124
37,30,831
6,90,48,955
32,25,44,079
34,26,000
32,59,70,079
6,48,73,124
4,45,000
6,53,18,124
85,73,42,766
19,55,57,307
1,05,29,00,073
23,31,50,463
41,95,446
23,73,45,909
1,05,29,00,073
23,73,45,909
3.1.1 Cash In Hand:
Cash in Hand-Vault
Cash in ATM
3.2 Balance with Bangladesh Bank and its agent bank(s)
In local currency (LCY)
In foreign currency (FCY)
(Note: 3.2.1)
Sonali Bank Ltd.
(as an agent bank of Bangladesh Bank) - local currency
-
3.2.1 Balance with Bangladesh Bank and its agent bank(s)-LCY
Bangladesh Bank, Dhaka Office
Bangladesh Bank, Chittagong Office
4
85,68,42,966
4,99,800
85,73,42,766
23,31,50,463
23,31,50,463
Balance with other banks and financial institutions
(Note: 4.1)
(Note: 4.2)
In Bangladesh
Outside Bangladesh
2,58,79,03,217
11,09,57,012
2,69,88,60,229
4,19,51,94,665
2,09,55,776
4,21,61,50,441
252
88,149
88,401
1,000
5,00,000
5,01,000
53,17,413
1,18,910
5,000
1,02,64,636
32,41,156
76,30,036
9,236
17,14,926
13,33,795
2,96,35,109
78,45,40,698
1,000
23,01,79,310
3,23,78,937
42,97,336
89,316
10,274
1,12,793
1,05,16,09,665
4.1 In Bangladesh
Current Deposits:
Bank Asia Ltd, Ruhitpur Br.
Standard Bank Ltd, Principal Br.
Special Notice Deposits
Mercantile Bank Ltd, Main Br.
Mercantile Bank Ltd., Agrabad Br.
Mercantile Bank Ltd., Sylhet Br.
Mercantile Bank Ltd., Barisal Br.
Southeast Bank Ltd., Principal Br.
NCC Bank Ltd., Motihjeel Br.
Eastern Bank Ltd., Principal Br.
Jamuna Bank Ltd., FEX Br.
Agrani Bank Ltd., Principal Br.
Trust Bank Ltd for Q-cash Settlement
Fixed Deposits Receipt (FDRs)
FDR lending with Banks
FDR lending with NBFIs
52,30,84,000
2,03,00,00,000
2,55,30,84,000
8
1,17,30,84,000
1,97,00,00,000
3,14,30,84,000
Amount in Taka
30-Sep-14
31-Dec-13
Balance with Brokerage Houses Trading A/C.
MBL Securities Ltd
IIDFC Securities Ltd
1,649
50,94,059
50,95,707
-
4.2 Outside Bangladesh
Current Deposits:
Habib American Bank NY, USD
Mashreq Bank PSC NY, USD
AB Bank Ltd Mumbai, Acu Dollar
Mashreq Bank PSC London GBP
United Bank Of India, Kolkata, Acu Dollar
Mashreq Bank PSC London EURO
Mashreq Bank Mumbai Acu Dollar
National Bank Of Pakistan, Tokyo, Jpy
Habib Metro Bank Limited Acu Dollar
5
42,61,754
9,79,44,587
23,26,991
10,34,416
15,00,651
10,35,036
13,95,499
10,38,393
4,19,686
11,09,57,012
Money at call and short notice
35,00,00,000
In Bangladesh
Outside Bangladesh
-
35,00,00,000
6
1,19,06,053
76,83,819
5,04,986
1,57,522
7,03,397
2,09,55,776
-
Investments
Nature wise:
Held for Trading
Held to Maturity
Others
Claim wise:
Government securities
Other investments
(Note: 6.1)
(Note: 6.2)
2,72,78,76,024
1,04,80,87,998
1,47,900
3,77,61,11,922
35,47,64,401
28,83,78,438
1,01,700
64,32,44,539
3,77,61,11,922
1,29,31,45,059
5,06,92,56,981
64,32,44,539
3,77,59,64,022
1,47,900
3,77,61,11,922
64,31,42,839
1,01,700
64,32,44,539
-
64,32,44,539
6.1 Government securities
(Note: 6.1.1)
Treasury bills
Prize Bond
6.1.1 Treasury bills:
Held for Trading
28 Days Treasury Bills
30 Days Treasury Bills
91 Days Treasury Bills
182 Days Treasury Bills
364 Days Treasury Bills
5 Year T-Bond
10 Year T-Bond
15 Year T-Bond
3,93,54,427
8,81,06,918
10,99,53,770
1,87,09,20,342
61,95,40,567
2,72,78,76,024
Held to Maturity
9
-
98,24,803
2,47,08,589
32,02,31,008
35,47,64,401
Amount in Taka
30-Sep-14
31-Dec-13
3,93,18,700
6,60,60,672
1,00,07,120
25,85,17,762
10,06,04,142
27,87,67,727
11,17,57,669
37,53,50,405
8,61,26,284
99,55,956
1,04,80,87,998
28,83,78,438
28 Days Treasury Bills
30 Days Treasury Bills
91 Days Treasury Bills
182 Days Treasury Bills
364 Days Treasury Bills
2 Year T-Bond
5 Year T-Bond
10 Year T-Bond
15 Year T-Bond
20 Year T-Bond
6.2 Other investments
Maturity
Share (Quoted)
Preference Share- Regent Energy and Power Ltd.
BSRM Convertible Bond
Mercantile Bank Subordinated Bond
Trust Bank Subordinated Bond
AB Bank Subordinated Bond
6
5
7
7
7
yrs
yrs
yrs
yrs
yrs
10
Div./Intt Rate
12.00%
13.00%
12.5-15%
12.50%
11-13%
4,31,45,059
10,00,00,000
45,00,00,000
45,00,00,000
15,00,00,000
10,00,00,000
1,29,31,45,059
-
-
-
Amount in Taka
30-Sep-14
31-Dec-13
7
7.2
Loans, advances and lease /investments
Outside Bangladesh
7,82,03,16,615
1,76,55,50,424
1,11,13,32,198
10,69,71,99,236
10,69,71,99,236
2,96,53,01,258
47,35,54,637
24,44,00,347
3,68,32,56,241
3,68,32,56,241
1,76,55,50,424
1,11,13,32,198
1,86,57,09,664
2,50,78,36,808
1,08,93,237.99
28,68,37,920
6,52,79,831
51,75,68,032
85,45,92,481
16,42,47,088
13,02,50,777
1,99,51,45,193
11,27,52,43,654
37,18,90,531
24,44,00,347
33,99,17,146
1,47,05,75,271
6,09,80,412
4,02,07,516
25,29,74,067
20,90,04,576
6,18,37,416
66,53,58,163
3,71,71,45,445
Product wise Loans and Advances:
Overdraft
Cash Credit
Time loan
Term loan
Payment Against Document
Loans against Trust Receipt
Packing Credit
EDF Loan
Lease Fiance & Hire Purchase
Consumer Loan
Staff Loan
Other Loans and Advances
7.4
3,71,71,45,445
Broad category-wise breakup
In Bangladesh
Loans
Overdrafts
Cash Credit
7.3
11,27,52,43,654
Classification of loans, advances and lease/investments
Unclassified
Standard
Special Mention Account (SMA)
11,27,50,84,030
1,59,624
11,27,52,43,654
3,71,71,45,445
-
Classified
Substandard
Doubtful
Bad/Loss
8
-
-
Bills purchased and discounted:
57,80,44,418
Repayable in Bangladesh
Repayable outside Bangladesh
57,80,44,418
11
3,38,89,203
3,38,89,203
9
Amount in Taka
30-Sep-14
31-Dec-13
Fixed assets including premises, furniture and fixtures of the Bank
Land, Building and Construction
Furniture and fixures
Equipment and Machinery
Motor Vehicles
Professionals and Reference Books
Leased Assets: Motor Vehicle
Less: Accumulated Depreciation
Book Value
4,35,74,813
22,70,87,439
1,65,00,000
23,100
2,71,06,624
31,42,91,976
4,99,40,522
26,43,51,455
8,01,517
12,20,24,565
1,15,00,000
5,91,441
34,56,334
8,16,78,212
4,66,060
36,64,37,812
8,09,95,100
87,500
7,81,19,620
1,03,32,880
11,17,780
6,86,58,233
23,11,500
1,73,70,770
2,80,30,630
40,43,182
65,69,700
75,02,66,755
2,84,485
18,38,952
7,72,04,006
1,03,970
25,50,28,389
7,42,35,424
91,03,844
26,65,447
8,44,325
3,29,25,394
23,11,500
1,05,10,953
2,71,06,624
16,14,32,706
1,62,83,540
14,51,49,166
A schedule of fixed assets is given in Annexure- A.
10
Other assets
Advance Security Deposit
Stock of Stationery and printing items [Note -10.1]
Suspense Account [Note -10.2]
Stamps in Hand
Advance Office Rent
Interest Receivable on Balance with Other Banks & FIs
Interest Receivable on Call Loan
Interest Receivable on Treasury Bonds
Interest Receivable on Treasury Bills
Interest Receivable on Zero Coupon Bond
Prepaid Insurance Premium
Adjustment Account Clearing
Advance Income Tax [Note -10.3]
Membership with Visa Worldwide PLC Ltd
Pre-paid Expense House Furnishing and LFA
Inter Branch General Account Balance (Note 10.4)
Preliminary Expenses
Pre Operating Expenses/Formation Expenses
1,61,72,727
2,62,78,801
50,95,08,218
10.1 Stock of Stationery and printing items
Printing Stationery
Security Papers
Security Stationery - CARD
16,61,773
9,75,086
8,19,476
34,56,334
10,03,516
6,09,260
2,26,176
18,38,952
10.2 Suspense Account:
Advance against New Branches
Advance against Interior Decorations
Advance against Supplier
Advance against TA/DA
Petty Cash
Interest Paid on Savings Certificate
Suspense Account Bank POS
Suspense Others
Western Union Money Transfer
66,500
7,80,00,000
1,50,000
5,000
35,140
2,58,200
30,18,285
1,45,087
8,16,78,212
1,00,88,500
6,68,30,000
-
3,29,25,394
3,57,32,839
6,86,58,233
6,86,58,233
3,29,25,394
3,29,25,394
3,29,25,394
24,235
2,61,271
7,72,04,006
10.3 Advance Income Tax
Opening Balance
Add: Paid during the year
Add: Withhloding Tax during the year [Tax on interest and vehicle] (10.3a)
Less: Settlement during the year
12
Amount in Taka
10.3a Withhloding Tax at source
TDS @10% & 15% on Interest Income from Balance with Banks
TDS@10% on FDR Interest Income with FIs
TDS @ 20% on Cash Divident received from Quoted Share
Unfront @ 5% on Interest of T-Bills
Advance Tax to Dhaka South City Corporation
Advance Tax for Bank's Pool Vehicles
10.4 Inter Branch General Account Balance
3,19,36,906
3,01,55,507.43
2,80,65,991
46,64,403
27,940
62,01,879.00
1,000
3,35,000
6,86,58,233
1,95,000
3,29,25,394
No. of Entry
Inter Branch General Account Debit Balance
Inter Branch General Account Credit Balance
7
4
Note: Aging of Outstanding amount of Inter Branch General account Balance is less than 01 month
13
2,82,70,340
2,39,710
2,80,30,630
-
Amount in Taka
30-Sep-14
31-Dec-13
11
Borrowings from other Banks, Fiancial Institutions and Agents
69,30,84,936
69,30,84,936
In Bangladesh
Outside Bangladesh
12
-
Deposits and other accounts
5,00,00,000
15,26,79,25,432
15,31,79,25,432
Deposit from Inter Bank (note-12.1)
Deposit from Customers (Note-12.2)
12.1 Deposits from Inter Bank
4,90,99,55,503
4,90,99,55,503
5,00,00,000
12.2 Deposits and other accounts
i. Current accounts and other accounts
Current Deposit
Foreign Currency Deposit
Deposit Under Q-Cash
Sundry Deposit
Note: 12.1
ii. Bills Payable
Pay Order
iii. Savings Bank Deposit
iv. Term Deposit/Fixed Deposit
Fixed Deposit
Short Term Deposit
Deposit Under Schemes
44,57,38,645
3,62,56,203
1,12,161
29,32,38,145
77,53,45,154
15,08,03,355
2,89,19,723
8,64,96,553
26,62,19,631
13,68,15,121
3,18,61,689
43,96,34,648
7,55,40,097
10,58,61,07,327
23,02,00,340
3,09,98,22,840
13,91,61,30,508
4,05,48,59,292
3,68,38,153
44,46,36,641
4,53,63,34,086
12.1 Sundry Depsoit
Margin on Letter of Guarantee
Margin on L/C
Margin on Bills
Sale Proceeds of Govt. Savings Certificates
Security Deposits
Risk Fund on Loans and Advances
Provident Fund
Employees Welfare Fund
VAT, Excise Duty and Withholding Tax
Value Added Tax - VAT on Utility Bills Collection
Sundry Creditors
Proceed From Lottery Sale
Other Sundry Deposits
2,06,07,988
15,60,46,026
54,00,805
1,41,86,077
14,91,472
14,10,015
2,40,36,989
14,54,628
5,46,58,391
300
1,39,45,454
29,32,38,145
82,87,069
5,09,12,005
7,12,000
6,00,000
56,30,349
7,36,172
670
4,88,135
80,63,098
1,02,68,602
44,57,38,645
3,95,67,118
29,32,38,145
3,62,56,203
1,12,161
13,68,15,121
95,17,27,394
15,08,03,355
67,98,609
8,64,96,553
2,89,19,723
40,00,67,530
23,02,00,340
10,58,61,07,327
3,14,98,22,840
14,36,61,98,038
15,31,79,25,432
6,87,41,488
3,68,38,153
4,05,48,59,292
44,46,36,641
4,60,50,75,574
4,90,99,55,503
7,98,453
8,64,96,553
12.5 Demand and Time Deposits
A. Demand Deposits
Current Accounts and Other Accounts
Savings Deposits (9%)
Sundry Deposit
Foreign Currency Deposit
Deposit Under Q-Cash
Bills Payable
B. Time Deposits
Savings Deposits (91%)
Short Notice Deposits
Fixed Deposits
Deposit Under Schemes
14
3,18,61,689
30,48,79,929
13
Amount in Taka
30-Sep-14
31-Dec-13
Other Liabilities
Provision against Loans and Advances
Provision for Off Balance Sheet items
Provision for Gratuity
Accrued Interest (Note 13.1)
Current Income Tax Payable (Note 13.2)
Deferred Tax Liabilities (Note 39)
Provision against Expenses-Rent
Provision for Incentive Bonus
Provision for Telephone Bill-Office
Provision for Telephone Bill-Residence
Provision for Power and Electricity Expense
Provision for Wasa, Gas and Sewerage Bill
Provision for Plant Maintenance
Provision for Value Adjustment of Shares and Others
FC Held Against BTB Bills, EDF Loan and Others
Provision for Depreciation
Provision for Other Expenses
Provision for Audit Fees
Provision for CSR
Interest Suspense A/C
Lease Payable for Lease Hold Property
11,59,19,639
3,24,94,567
39,00,000
31,55,13,143
41,80,362
1,92,14,424
2,12,06,397
26,41,500
13,620
3,000
3,78,585
5,000
14,08,613
65,85,66,346
4,984
1,75,459
2,079
2,37,41,750
1,19,93,69,469
4,33,98,760
1,08,31,058
39,00,000
9,19,17,069
1,30,40,607
32,41,252
2,45,18,531
84,00,000
25,000
3,73,500
16,600
5,000
39,583
7,500
2,00,000
21,75,459
2,63,61,555
22,84,51,474
13.1 Accrued Interest
Interest
Interest
Interest
Interest
Interest
Interest
Interest
Interest
Interest
Interest
Payable
Payable
Payable
Payable
Payable
Payable
Payable
Payable
Payable
Payable
of FDR-Day basis
of FDR-1 month
of FDR-3 months
of FDR-6 months
of FDR-12 months & above
of Saving Account
of Current Account
of SND Account
on Deposit Under Scheme
on borrowing from Bank & FIs
1,36,18,507
8,44,781
6,84,51,572
5,03,18,723
12,89,76,647
28,89,075
10,19,199
25,51,905
4,67,24,958
1,17,778
31,55,13,143
1,71,68,056
5,21,428
2,92,67,137
1,29,84,699
3,19,75,750
9,19,17,069
1,30,40,607
(88,60,245)
41,80,362
1,30,40,607
1,30,40,607
13.2 Current Income Tax Payable
Opening Balance
Add: Provision during the Period
Less: Payment
Note: 38
15
Amount in Taka
30-Sep-14
31-Dec-13
14
Share Capital
14.1 Authorized Capital
100,00,00,000 ordinary shares of Taka 10 each
10,00,00,00,000
10,00,00,00,000
4,44,60,59,000
4,37,38,49,812
14.2 Issued, Subscribed and Paid-up-Capital
44,46,05,900 ordinary shares of Taka 10 each issued for cash
14.3 Capital Adequacy Ratio - as per BASEL II
In terms of section 13(2) of Banking Companies Act, 1991 and Bangladesh Bank BRPD Circular No. 24 & 35 dated
Augsust 3 and December 29, 2010 respectively, required capital based on RWA of the Bank at the close of business on 30
September 2013 is Taka 1,379.46 crore as against available core capital of Taka 451.57 crore and supplementary capital
of Taka 18.09 crore that is, a total of Taka 469.65 crore thereby showing surplus capital/equity of Taka 331.67 crore at
that date. Details are shown below:
14.4 Core Capital (Tier I)
Amt in Crore
Fully Paid-up-Capital
Statutory Reserve
General Reserve
Retained Earnings
Minority Interest in Subsidiaries
Non-Cumulative irredeemable Preferences Shares
Dividend Equalization Account
Amt in Crore
444.61
1.86
5.10
-
437.38
0.77
1.44
-
451.57
439.59
11.59
3.25
-
4.34
1.08
3.24
-
0.17
-
-
-
Deductions from Tier-1 (Core Capital )
Book Value of Goodwill
Shortfall in provisions required against Classified Assets
Shortfall in provisions required against Investment in Shares
Remaining deficit on account of revaluation of investments in securities after
netting off from any other surplus on the securities.
Any investment exceeding the approved limit under section 26(2) of
Banking Companies Act, 1991, Others if any
Total Eligible Tier-I Capital
Supplementary Capital (Tier II)
General Provision for Unclassified Loans
General Provision for off Balance Sheet exposure
Assets Revaluation Reserves up to 50%
Revaluation Reserves of Securities Up to 50%
Revaluation Reserve for equity instruments up to 10% all other preference
shares
All other Preference share
Balance of Exchange Equalisation Fund
Perpetual Subordinated Debt
Total Supplementary capital
18.09
5.59
-
-
Capital eligible for Market Risk (Tier-III)
Short-term Subordinated Debt
Total Eligible Capital
469.65
16
445.18
Amount in Taka
30-Sep-14
31-Dec-13
2,549.07
1,062.07
A. Total Assets including off-Balance Sheet items
B. Total Risk-Weighted Assets (RWA)
1,379.86
553.50
C. Required capital based on Risk Weighted Assets (10% of Total RWA)
137.99
55.35
D. Capital Surplus / (Shortfall) [A-C]
331.67
389.83
34.04%
80.43%
Capital Adequacy Ratio (%)
Percentage of Capital on Risk-Weighted Assets
Capital Requirement
Core Capital (Tier - I)
Supplementary Capital (Tier II)
30-Jun-14
Required
Held
5.00%
32.73%
1.31%
Required
5.00%
2013
Held
79.42%
1.01%
Capital Adequacy Ratio has been calculated as per Basel -II, BRPD Circular No.20 dated December 29, 2009
15
Statutory Reserve
Opening Balance at the beginning of the period
Add: Addition during the year *
Add./less Adjustment for Foreign Exchange Rate Fluctuation
Closing Balance at the end of the period
76,62,052
1,09,37,383
1,85,99,434
76,62,052
76,62,052
* As per Section-24 of Banking Companies Act 1991, 20% of Pre Tax Profit has been transferred to statutory Account
16
Other Reserve:
General Reserve (Note 16.1)
Assets Revaluation Reserve (Note 16.2)
Investment Revaluation Reserve (Note 16.3)
Foreign Currency Translation Gain/ (Loss) (Note 16.4)
6,48,81,291
6,48,81,291
33,07,486
33,07,486
16.1 General Reserve
Opening Balance at the beginning of the period
Add: Addition during the year
Closing Balance at the end of the period
(+)
-
As per rule, Bonus Share/ Cash Dividend may be issued out of surplus of the profit of the year. If there is any short fall,
that may be covered from General Reserve Account as per approval of Board of Directors of the Bank.
16.2 Assets Revaluation Reserve
Opening Balance at the beginning of the period
Add: Addition during the year
Less : Adjustment during the year
Closing Balance at the end of the period
(+)
(-)
-
16.3 Investment Revaluation Reserve:
Revaluation Reserve for HFT Securities
Opening Balance at the beginning of the period
Add: Addition during the year
Less : Adjustment during the year
Closing Balance at the end of the period
(+)
(-)
17
27,51,202
6,21,29,975
27,51,202
6,48,81,177
27,51,202
Amount in Taka
30-Sep-14
31-Dec-13
Revaluation Reserve for HTM Securities
Opening Balance at the beginning of the period
Add: Addition during the year
Less : Adjustment during the year
Closing Balance at the end of the period
(+)
(-)
5,56,284
5,56,170
114
5,56,284
5,56,284
Revaluation Reserve of HTM and HFT Securities transferred to Revaluation Reserve Account as per Bangladesh Bank
DOS Circular No. 05 dated 26 May 2008 of which 50% of Revaluation Reserve is treated as Supplementary Capital.
16.4 Foreign Currency Translation Gain/ (Loss)
Opening Balance at the beginning of the period
Add: Addition during the year
Closing Balance at the end of the period
17
(+)
Retained Earnings/Movement of Profit and Loss Account
Opening Balance
Add: Post-Tax Profit during the period
Less: Transfer to Statutory Reserve
Less: Transfer to General Reserve
Add/(Less): Foreign Exchange Translation Loss
18
-
(+)
(-)
(-)
Contingent liabilities
1,43,66,346
4,75,73,986
1,09,37,383
5,10,02,949
2,20,28,397
76,62,052
3,69,97,84,710
1,08,31,05,798
8,16,93,358
14,70,53,408
2,54,69,370
1,04,57,41,364
1,29,99,57,500
6,87,44,352
9,98,37,000
1,25,21,000
2,03,70,000
20,14,72,352
51,72,90,410
51,72,90,410
11,57,34,254
11,57,34,254
3,25,089
27,10,91,000
21,92,89,321
2,51,00,000
14,85,000
51,72,90,410
1,16,70,000
48,95,000
8,89,72,754
1,01,96,500
11,57,34,254
1,43,22,08,767
64,54,04,000
45,03,28,034
12,04,95,193
1,43,66,346
18.1 Acceptances and Endorsements
Accepted
Accepted
Accepted
Accepted
Bills
Bills
Bills
Bills
Against
Against
Against
Against
BTBLC - Local
BTB LC - Foreign
BTBLC EPZ
LC Cash
18.2 Letters of Guarantee
Money for which the Bank is in contingently liable in respect of guarantees
issued in favour of:
Directors
Government
Banks and other Financial Institutions
Others (Note 18.2a)
18.2a Letters of Guarantee -Others
Shipping Guarantee Against Cash LC-Sight
Bid Bond Local
Performance Guarantee Local
Advance Payment Guarantee Local
Performance Guarantee Foreign
18.3 Irrevocable Letters of Credit
18.4 Bills For Collection
18
Amount in Taka
Jan'14-Sep'14
Jan'13-Sep'13
19
Interest Income
Interest on Loans and Advances:
Loans and Advances
Bills Purchased and Discounted
84,74,41,985
18,21,440
84,92,63,425
4,58,77,788
4,58,77,788
Interest on:
Balance with Bangladesh Bank
Balance with foreign banks
Balance With Banks and Fis
20
29,99,90,309
29,99,90,309
27,65,83,231
27,65,83,231
1,14,92,53,734
32,24,61,019
83,77,52,250
15,96,43,784
99,73,96,034
10,06,07,061
24,48,903
10,30,55,964
24,12,284
52,46,352
46,91,197
66,01,58,970
16,52,43,446
83,77,52,250
4,98,837
8,73,802
12,86,107
8,89,03,348
90,44,966
10,06,07,061
Interest Paid on Deposits and Borrowings, etc.
Interest Paid on Deposits (Note 20.1)
Interest Paid on Borrowings (Note 20.2)
20.1 Interest Paid On Deposits
Current Account
Savings Account [Customer and Staff]
Special Notice Deposits
Fixed Deposit Receipts
Deposit under Schemes and Others
20.2 Interest Paid on Borrowings
Interest
Interest
Interest
Interest
Interest
Interest
21
Paid
Paid
Paid
Paid
Paid
Paid
on
on
on
on
on
on
Borrowing from Bangladesh Bank
Call money borrowing
REPO Borrow from Other Bank and FI
Other Bank Deposit
Secondary Security Purchased
SWAP Transaction
18,869.86
1,69,28,812
45,85,680
6,31,944
13,74,01,077
77,400
15,96,43,784
24,48,903
Investment Income
Interest on Treasury Bill
Interest Income Money at Call
Interest on Treasury Line
Interest on Treasury Bond
Interest on Bond
Interest on Zero Coupon Bond
Dividend Income
Gain on Sale of Shares and Debentures
Gain on Sale Of Approve Securities
Interest on Bangladesh Bank Bill
22
24,48,903
-
2,34,62,810
1,61,12,938
26,55,89,310
1,14,42,469
1,62,50,000
1,39,700
48,17,743
3,49,57,204
37,27,72,173
39,27,577
21,806
-
1,70,67,058
53,64,700
2,78,500
82,81,346
16,092
3,12,613
19,361
1,100
20,500
3,62,14,394
6,75,75,663
20,22,425
29,61,477
1,000
5,898
10,060
8,036
39,49,382
Commission, Exchange and Brokerage
Commission on L/C
Commission on Bank Guarantee
Commission on Export Bills
Commission on Accepted Bills
Commission on Clean Bill
Commission on Remittance
Commission on Sale of FC Cash
Commission from Other Services
Underwriting Commission
Exhange gain
1,26,044
51,34,941
Commission income arises on service provided by the bank recognized on a cash basis. Commission charged the
Customer on Letter of Credit and letter of Guarantee are credited to income at the time of effecting the transaction.
19
Amount in Taka
Jan'14-Sep'14
Jan'13-Sep'13
23
Other Operating Income
Service Charges and Fees
Income from Card Services
Charges On Trade Finance
Miscellaneous Earnings
24
23,926
1,06,450
1,30,376
3,600
26,625
30,225
43,416
3,08,038
22,21,199
45,29,974
71,02,628
21,600
1,52,130
3,91,789
6,16,664
11,82,183
51,60,607
1,74,66,321
10,67,623.00
2,36,94,551
16,66,500
31,74,310
1,73,555
50,14,365
Chief Executive's salary and fees
Basic Salary
Festival Bonus
Other Allowance
30
6,43,44,085
5,11,111
29,07,006
6,77,62,202
Stationery, Printing, Advertisement, etc
Stationary and Printing Expenses
Publicity, Advertisement, etc
Computer Expenses
29
8,49,46,490
31,48,058
85,66,574
9,66,61,122
Postage, Stamps, Telecommunication, etc
Stamps and Cartridge Cost
Postage & Courier Charges
Telephone Charges
SWIFT, FAX, Internet, WAN, Radio Link & DDN Charges
28
2,18,11,333
35,43,800
19,75,436
2,78,23,413
5,51,53,982
Legal expenses
Notary Public and Other Charge
Legal and Consultancy fees
27
7,99,03,554
1,76,26,680
61,99,806
8,07,39,174
18,44,69,214
Rent, Taxes, Insurance, Electricity, etc.
Rent, Rate and Taxes
Insurance Expenses
Electricity and Other Utility Expenses
26
9,22,249
501
58,702
33,161
10,14,613
Salaries and Allowances
Basic Salary
Festival Bonus
Bank Contribution To Provident Fund
Allowances
25
62,69,178
17,89,230
58,39,564
23,81,436
1,62,79,408
39,50,000
9,00,000
24,75,000
73,25,000
24,00,000
8,00,000
16,50,000
48,50,000
14,26,000
7,99,450
22,25,450
4,77,250
1,31,373
6,08,623
Directors' Fees & Meeting Expenses
Directors' Fees
Travelling and Haltage
Board Meeting Expenses
Each Director is paid Tk.5,000.00 per meeting per attendance exclusive VAT as per BRPD Circular #03 dated January
18, 2010. There were no other financial benefits provided to the Directors of the Bank.
20
Amount in Taka
Jan'14-Sep'14
Jan'13-Sep'13
31
Auditors' Fees
Statutory
Others
32
-
-
-
Charges on Loan Losses
Loan-written off
Interest waived
33
-
Depreciation and Repairs of Bank's Assets
Depreciation of Bank's Assets-Own Assets (a):
Land, Building and Construction
Furniture & Fixtures
Equipment and Machinery
Vehicle
Books
16,82,134
2,55,15,348
23,91,667
1,840
2,95,90,988
2,18,025
85,70,882
87,88,907
Depreciation of Bank's Assets-Leased Assets (b):
Land, Building and Construction
Furniture & Fixtures
Equipment and Machinery
Vehicle
40,65,994
40,65,994
-
Depreciation has been charged from the month of purhased
Repair, Renovation & Maintenance of Bank's Assets ©:
Repair of Land, Building and Construction
Repair of Furniture and Fixtures
Office Equipment and Machinery
Repair Rented Property
Electronics Repair and Replacement
Repair and servicing of Computer
Repair, Repacement and Servicing of Motor Vehicle
Plant Maintenance
1,20,940
40,555
3,85,173
90,483
16,21,149
24,840
7,12,038
67,150
30,62,328
1,50,740
7,800
90,460
43,800
34,090
11,175
4,39,445
10,000
7,87,510
Amortization of Assets (d)
Amortization of of Preliminary Expenses
Amortization of Pre-Operating Expenses/Formation Expense of the Bank
Total [a+b+c+d]
21
1,21,29,545
1,97,09,101
3,18,38,646
6,85,57,956
95,76,417
Amount in Taka
Jan'14-Sep'14
Jan'13-Sep'13
34
Other Expenses
Bank Charges
Contractual Staff Expense
Car Expenses
Discount and Commission Paid
Training and Internship
Security and Cleaning
Exgratia of Security and Cleaning Services Staff
Subscription
Entertainment and other Expenses
Travelling Expenses
Conveyance, Carriage and Freight
Development and Publicity
Liveries and Uniforms
Medical Expenses
Newspaper, Magazine and Periodicals
Loss on Sale of Securities
Interest Expense on Leased Properties
Card Division Charges and Expenses
CSR
Gratuity
LFA & Furniture Allowance
Miscellaneous Expenses
Loss On Revaluation Of Govt. Securities:Treasury Bills
35
3,11,436
32,14,155
18,89,784
5,93,062
17,53,908
1,85,44,992
17,75,160
27,37,726
26,61,205
11,43,535
7,97,452
9,01,532
1,53,740
1,27,536
1,55,525
5,78,700
25,74,699
32,93,463
10,00,000
1,51,21,660
71,02,778
16,06,688
6,80,38,734
7,981
7,25,12,898
7,25,20,879
2,20,74,579.67
2,20,74,579.67
Provision for Diminution in Value of Investments
Adjsutment of Quoted Company Share Value
Others
37
39,00,000
50,57,073
7,62,035
80,001
1,78,21,701
Provision against loans and advances
Provision for Bad and Doubtful Debts Loan and Advances
Provision for SMA Loans and Advances
Provision for Unclassified Loans and Advances
36
1,10,094
8,24,048
72,850
31,53,533
2,24,400
14,86,941
4,17,150
94,377
15,41,729
15,040
41,280
41,150
-
14,08,613
14,08,613
-
Other Provisions
Provision required on Off-Balance Sheet Exposures
Others
2,16,63,509
2,16,63,509
22
41,29,802
41,29,802
38
Provision for Current Tax Payable/Credit
SL
1
2
Amount in Taka
Jan'14-Sep'14
Jan'13-Sep'13
Particulars
Net Income Before Tax
Less: Bank Income where tax rate is lesser/Zero
Gain on Sale of Approved Securities [Nil Tax U/S 32 (7)]
Dividend Income [20% Tax as per Paripatra 2013-14]
Gain on Sale of Shares and Debentures [10% Tax as per SRO no.269/2010]
3
Net Income Before Tax after Considering extra ordinery items [1-2]
4
Add: Provision for Gratuity
Payment for Corporate Social Responsibilty
Depreciation for Accounting Purpose
Total
5
Less: Depreciation for Tax Purpose
Total
6
7
8
9
10
11
12
13
39
Taxable Income [3+4-5]
Current Tax Payable @42.50% before considering oxtra ordinery items
Less: 10% Tax exemption/rebate on actual expenditure of CSR [SRO 229/2011]
Add: Dividend Income [20% Tax as per Paripatra 2013-14]
Add: Gain on Sale of Shares and Debentures [10% Tax as per SRO no.269/2010]
Current Tax Payable after considering oxtra ordinery items
Defferred Tax Liability for the period
Tax Expense for the Period
Provision for Deferred Tax Liability
Carrying Amt
Tax Base
Fixed Assets
26,43,51,455
21,52,41,045
Total Taxable Temporary Difference at Asset side
Gratuity
39,00,000
Total Deductible Temporary Difference at Liabilty side
Net Taxable Temporary Difference [i.e. Tax will be paid in future period]
Tax Rate @42.50% i.e defferred Tax Liabilty
40
5,46,86,914
4,12,99,912
3,49,57,204
1,39,700
48,17,743
3,99,14,646
1,47,72,267
4,12,99,912
10,00,000
3,36,56,982
3,46,56,982
39,00,000
39,00,000
7,12,40,917
7,12,40,917
(2,18,11,668)
(92,69,959)
(1,00,000)
27,940
4,81,774
(88,60,245)
1,59,73,173
71,12,928
4,51,99,912
1,92,09,963
1,92,09,963
(16,57,500)
1,75,52,463
Temporary Difference
4,91,10,410
4,91,10,410
(39,00,000)
(39,00,000)
4,52,10,410
1,92,14,424
(39,00,000)
(39,00,000)
(39,00,000)
(16,57,500)
4,75,73,986
44,46,05,900
0.1070
2,37,47,449
44,46,05,900
0.0534
Earnings Per Share (EPS)
Profit after Taxation
Number of Ordinary Shares outstanding
Earnings Per Share
23
Amount in Taka
Jan'14-Sep'14
Jan'13-Sep'13
41
Receipts from Other Operating Activities
Interest on Treasury Bill
Interest on Money at call
Interest on Treasury Bond
2,61,28,257
1,60,25,438
19,65,73,534
1,14,42,469
59,17,120
48,17,743
3,49,57,204
62,69,178
17,89,230
58,39,564
23,81,436
31,21,41,172
Interest on Bond
Interest on Zero Coupon Bond
Gain on Sale of Shares and Debentures
Gain on Sale Of Approve Securities
Service Charges and Fees
Income from Card Services
Charges on Trade Finance
Miscellaneous Earnings
42
Payments for Other Operating Activities
Rent, Taxes, Insurance, Electricity, etc
10,02,41,626
1,30,376
2,00,000
74,73,098
22,25,450
30,78,928
20,00,000
6,80,41,250
18,33,90,728
Legal expenses
Audit Fees
Postage, Stamps, Telecommunication, etc
Directors' fees & Meeting Expenses
Repair, Renovation & Maintenance of Bank's Assets
Payment for CSR
Other Expenses
43
Membership with Visa Worldwide PLC Ltd
Inter Branch General Account Balance
Suspense Account
Advance Rent
Advance Income Tax
Preliminary Expenses
Pre-operating/Formation Expenses
3,06,956
-
21,500
17,25,798
23,11,500
2,80,30,630
44,74,206
11,14,09,423
3,57,32,839
17,99,54,055
83,467
6,42,32,290
22,95,05,983
1,25,76,944
2,15,63,637
3,50,38,401
36,70,59,520
65,85,66,346
(26,19,805)
65,59,46,541
1,02,64,624
1,02,64,624
(Payment)/Received of Other Liabilities
FC Held Against BTB Bills, EDF Loan and Others
Adjustment Account Clearing
Lease Payable for Lease Hold Property
45
2,55,59,938
30,225
12,08,813
6,08,623
95,76,417
1,39,21,701
5,09,05,716
Other Assets
Advance Security Deposit
Advance against TA/DA
44
39,27,577
21,806
9,22,249
501
58,702
33,161
49,63,995
(Purchase)/ Sale of Government Securities
Treasury Bills-HFT
Treasury Bills-HTM
Less: Revaluation Gain on Treasury Bills which is non cash
2,37,31,11,624
75,97,09,559
(6,15,73,805)
3,07,12,47,377
24
25,52,78,519
15,68,91,710
(2,47,461)
41,19,22,768
Annexure-A
NRB Commercial Bank Limited
Schedule of Property, Plant & Equipment for Accounting Purpose
As of 30.09.14
Sl
NO.
1
2
3
4
5
6
Assets
Properties & Assets
Land, Building and Construction
Furniture and fixures
Equipment and Machinery
Motor Vehicles
Professionals and Reference Books
Leased Assets: Motor Vehicle
Total
Opeing Balance
8,01,517
12,20,24,565
1,15,00,000
2,71,06,624
16,14,32,706
Addition during the
year
4,27,73,296
10,50,62,874
50,00,000
23,100
15,28,59,270
Disposal during the
year
Depreciation
Closing Balance
4,35,74,813
22,70,87,439
1,65,00,000
23,100
2,71,06,624
31,42,91,976
25
Rate of
Depreciation
2.50%
10.00%
20.00%
20.00%
20.00%
20.00%
Opeing Balance
Addition during the
year
Disposal during
the year
-
1,39,845
1,42,08,320
16,82,134
2,55,15,348
4,33,333
15,02,042
1,62,83,540
23,91,667
1,840
40,65,994
3,36,56,982
-
Closing Balance
18,21,979
3,97,23,668
28,25,000
1,840
55,68,035
4,99,40,522
Book Value
4,17,52,834
18,73,63,771
1,36,75,000
21,260
2,15,38,589
26,43,51,455
Annexure-B
NRB Commercial Bank Limited
Schedule of Property, Plant & Equipment for Tax Purpose
As of 30.09.14
Sl
NO.
1
2
3
4
5
6
7
8
Assets
Properties & Assets
Land, Building and Construction
Furniture and fixures
Office Equipment and Machinery
Computer and Computer Equipment
Bangladesh Made Computer Software
Motor Vehicles
Professionals and Reference Books
Leased Assets: Motor Vehicle
Total
Opeing Balance
8,01,517
84,46,989
8,01,73,386
3,34,04,190
1,15,00,000
2,71,06,624
16,14,32,706
Addition during the
year
4,27,73,296
5,44,95,738
5,01,54,636
4,12,500
50,00,000
23,100
15,28,59,270
Disposal during the
year
Depreciation
Closing Balance
4,35,74,813
6,29,42,727
13,03,28,022
3,38,16,690
1,65,00,000
23,100
2,71,06,624
31,42,91,976
26
Rate of
Depreciation
2.50%
10.00%
20.00%
30.00%
50.00%
20.00%
30.00%
20.00%
Opeing Balance
-
1,39,845
5,21,747
1,33,59,083
1,18,53,964
4,33,333
15,02,042
2,78,10,014
Addition during the
year
Disposal during
the year
-
43,43,497
1,24,84,196
3,50,90,682
1,09,81,363
32,13,333
6,930
51,20,916
7,12,40,917
-
Closing Balance
44,83,342
1,30,05,943
4,84,49,765
2,28,35,327
36,46,667
6,930
66,22,958
9,90,50,932
Book Value
3,90,91,471
4,99,36,784
8,18,78,257
1,09,81,363
1,28,53,333
16,170
2,04,83,666
21,52,41,045
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