Home
||
Site Map
||
Contact Us
Friday, May 09, 2008
Management Team
Deposit Schemes
Credit Schemes
Branch Information
Downloads
Annual Report
Search
About Us
Resource and Facilities
Financial Statement
Foreign Correspondence
Investors Information
Cards
Online Banking
SMS Banking
Tender
Job Opportunity
News
Profit and Loss Account
Profit and Loss Account
For the year ended December 31, 2007
Notes
2007
(BDT)
2006
(BDT)
Interest Income
18.1
3,686,414,282
3,129,553,895
Less : Interest Paid on Deposits, Borrowings etc.
19
3,159,295,227
2,662,583,221
Net Interest Income
527,119,055
466,970,674
Investment Income
18.4
764,485,995
369,121,475
Commission, Exchange and Brokerage
20
790,361,690
793,755,383
Other Operating Income
21
319,692,585
338,983,068
1,874,540, 270
1,501,859,926
Total Operating Income
2,401,659,325
1,968,830,600
Salaries and Allowances
23
492,021,252
447,367,061
Rent, Taxes, Insurance, Electricity, etc.
24
124,305,552
86,062,366
Legal Expenses
25
5,955,217
5,052,030
Postage, Stamps, Telecommunication etc.
28,289,005
23,130,087
Stationery, Printings, Advertisements etc.
26
56,743,714
44,665,745
Chief Executive's Salary and Fees
23.1
4,388,203
5,500,000
Directors' fees
22
1,900,700
1,746,300
Auditors' Fees
500,000
250,000
Depreciation & Repair of Fixed Assets
27
60,174,509
41,385,965
Other expenses
28
242,232,307
134,909,583
Total Operating Expenses
1,016,510,459
790,069,137
Profit before Provision
1,385,148,866
1,178,761,463
Provision against Classified Loans
12.2
30,103,390
71,000,000
Provision against Unclassified Loans
12.2
61,687,181
85,000,000
Provision for diminution in value of Investment
12.1.2
-
10,137,000
Other Provisions
12.1.2
94,521,000
42,500,000
Total Provisions
186,311,571
208,637,000
Total Profit before Taxes
1,198,837,295
970,124,463
Provision for Taxation
12.1.1
658,338,000
475,900,000
Net Profit after Taxation
540,499,295
494,224,463
Retained Surplus brought forward from previous year
2,138,633
1,873,770
542,637,928
496,098,233
Appropriations
Statutory Reserve
239, 767,500
194,180,000
Retained Surplus
302,870,428
301,918,233
542,637,928
496,098,233
Earning Per Share (EPS)
29
36.06
32.97
These Financial Statements should be read in conjunction with the annexed notes (1 to 38)
sd/-
Bilkis Begum
Director
sd/-
Farida Begum
Director
sd/-
Md. Tabibul Huq
Director
sd/-
Dewan Mujibur Rahman
Managing Director and CEO
sd/-
Alhaj Mosharref Hossain
Vice Chairman
Auditors' Report to the Shareholders see annexed report on even date
sd/-
Khan Wahab Shafique Rahman & Co.
Chartered Accountants
sd/-
Syful Shamsul Alam & Co.
Chartered Accountants
Dhaka, February 25, 2008
Privacy Policy
