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Balance Sheet
Mercantile Bank Limited
Balance Sheet as at December 31, 2009

PROPERTY AND ASSETS
Notes		 2009
(BDT)		 2008
(BDT)
Cash 3 4,790,155,210 4,374,119,340
Cash in hand (Including Foreign Currencies) 498,486,173 443,342,558
Balance with Bangladesh Bank and Sonali Bank Limited (Including Foreign Currencies) 4,291,669,037 3,930,776,782
Balance with Other Banks and Financial Institutions 4 1,017,865,437 3 27,911,508
In Bangladesh 764,122,864 177,928,388
Outside Bangladesh 253,742,573 149,983,120
Money at Call and Short Notice 5    
Investments 6 9,664,722,134 6,264,705,100
Government 9,175,729,563 5,681,107,430
Others 488,992,571 583,597,670
Loans and Advances 7 48,295,546,954 43,419,362,481
Loans, Cash Credit, Overdraft etc. 7.A 44,574,237,307 38,787,868,658
Bills Purchased and Discounted 7.B 3,721,309,647 4,631,493,823
Fixed Assets Including Premises,Furniture and Fixtures 8 1,032,825,043 682,999,856
Other Assets 9 1,365,400,824 859,623,164
Non-Banking Assets - -
Total Assets 66,166,515,602 55,928,721,449
LIABILITIES AND CAPITAL
Liabilities		    
Borrowings from other Banks, Financial Institutions and Agents 10 1,842,825,721 2,326,325,000
Deposits and other Accounts 11 55,553,083,656 46,374,178,835
Current Accounts and Other Accounts 11.1 7,425,229,434 5,831,638,360
Bills Payable 11.2 789,044,669 677,763,825
Savings Bank Deposits 11.3 4,392,947,478 3,020,870,440
Fixed Deposits 11.4 19,215,499,453 17,501,418,866
Deposits Under Schemes 11.5 23,730,362,622 19,342,487,344
Other Liabilities 12 4,474,354,484 3,758,123,882
Total Liabilities 61,870,263,861 52,458,627,717
Capital/ Shareholders' Equity    
Paid-up Capital 13.1 2,158,413,400 1,798,677,900
Statutory Reserve 14 1,555,373,902 1,222,833,902
Other Reserves 15 105,410,663 86,769,523
Surplus in Profit & Loss Account 16 477,053,776 361,812,407
Total Shareholders' Equity 4,296,251,741 3,470,093,732
Total Liabilities and Shareholders' Equity 66,166,515,602 55,928,721,449
OFF BALANCE SHEET ITEMS      
CONTINGENT LIABILITIES A    
Acceptances and Endorsements 17 8,054,757,500 8,157,477,000
Letters of Guarantee 17.1 4,161,302,647 3,640,902,808
Irrevocable Letters of Credit 17.2 8,546,632,687 7,281,346,277
Bills for Collection 17.3 56,785,690 73,305,882
Other Contingent Liabilities 17.4
Total   21,757,173,131 19,917,861,121
Other Commitments B    
Documentary credits and short term trade related transactions      
Forward assets purchased and forward deposits placed      
Undrawn note issuance and revolving underwriting facilities      
Undrawn formal standby facilities, credit lines and other commitments      
Total      
TOTAL OFF-BALANCE SHEET ITEMS INCLUDING CONTINGENT LIABILITIES (A+B)   21,757,173,131 19,917,861,121

These Financial Statements should be read in conjunction with the annexed notes (1 to 38)
     
sd/-
Dewan Mujibur Rahman
Managing Director and CEO
 sd/-
Alhaj Akram Hussain (Humayun)
Director

sd/-
Golam Faruk Ahmed
Director

 

 sd/-
M. S. Ahsan
Director
See annexed auditors' report to the Shareholders of date.

sd/-
Ahmed Zaker & Co.
Chartered Accountants

   sd/-
Basu Banerjee Nath & Co.
Chartered Accountants

Dhaka, February 15, 2010



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