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Balance Sheet , Profit & Loss Account
 

BALANCE SHEET AS AT  31.03.2008
 

Capital&Liabilities

Schedule

As on 31.03.2008

As on 31.03.2007

(Rs.000’s Omitted)

Capital

1 10000 10000    

Share Capital Deposit

  64143 64143    

Reserves & Surplus

2 1721650 1501412    

Deposits

3 18931706

14079344

    

Borrowings

4 6039603 6393751    

Other Liabilities & Provisions

5 578827 801517    
TOTAL

::

27345929

22850167
Assets Schedule

As on 31.03.2008

 As on 31.03.2007

Cash and Balance with Reserve Bank of India

6 1688841 1173806

Balance with Banks & Money at Call and Short notices

7 156924 224665    

Investments

8 4787548 3520189    

Advances

9 20140123 17082194    

Fixed Assets

10 165791 135120    

Other Assets

11 406702 714193    
TOTAL :: 27345929

22850167
Contingent Liabilities

12

 38809 4150    
Bills for collection   104259 60195    

PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED  31.03.2008

(Rs.000’s Omitted

Schedule

As on 31.03.2008

As on 31.03.2007
I. INCOME

Interest earned

13

 2204878 1709005

Other income

14

 105610 140362

Provision trfd. back #

::

 35274
TOTAL 2345762 1849367
II. EXPENDITURE

Interest expended

15

 1437492 974541

Operating expenses

16

 612336 566577

Provisions and Contingencies

-

6833 92877
TOTAL

::

2056661

1633995

III. PROFIT/LOSS

Net profit for the year

-

289101 215372

Less: Fringe Benefit Tax paid

 1099 812
Less: IT for the FY 2007-08 67764
Less: Prior paid adjustment 0 64032
TOTAL

::

 220238 150528

IV. APPROPRIATIONS

Investment Fluctuation Reserve

-

30000 30000

Transfer to Statutory reserves

-

190238 120528
TOTAL

::

220238

150528

# Excess provision under bad and doubtful debts  transferred back to P&L Account as income.

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