181
The Nainital Bank Ltd.
SUMMARY STATEMENT OF PROFIT & LOSS
(Rs. in million)
SR.
AUDITED
LIMITED
NO.
FINANCIAL YEARS ENDED 31 ST MARCH
REVIEW
2001
2002
2003
2004
2005
30.09.2005
Gross Profit before Provisions &
91.51
117.24
115.85
206.34
211.07
112.49
Contingencies
LESS: Provisions & Contingencies
60.72
59.96
40.03
83.95
97.74
51.68
Profit after Provisions & Contingencies
30.79
57.28
75.82
122.39
113.34
60.81
LESS: Short Provisions Relating to
0.00
-
-
-
-
-
earlier Years
ADD: Excess Provisions of earlier
0.00
-
-
-
-
-
years Written Back
ADD: Profit Brought Forward
1.47
-
0.36
-
-
-
Profit Available for Appropriation
32.25
57.28
76.18
122.39
113.34
60.81
APPROPRIATIONS
Transfer
To:
a)
Statutory Reserve
16.00
17.50
19.00
30.73
34.00
-
b)
Revenue & Other Reserve:
a) Investment Fluctuation Reserve
2.34
1.30
30.00
66.08
12.80
-
b)
Other Reserve
6.00
30.90
18.58
0.20
40.88
-
c)
Proposed Dividend
6.93
7.50
7.62
22.50
22.50
-
d)
Dividend Tax(including Surcharge)
0.71
0.00
0.98
2.88
3.16
-
Balances
Carried
Over
To
0.28
0.08
-
-
-
-
Balance
Sheet
TOTAL
32.25
57.28
76.18
122.39
113.34
60.81
182
BANK OF BARODA
ANNEXURE D
BOB Housing Finance Limited
Summarised Profit and Loss Account
Amount in Rs. million
Financial Year Ended March 31,
Period ended
2001
2002
2003
2004
2005
Sep 05
INCOME
Interest on Housing Loans
428.64
527.13
640.14
538.28
401.11
151.73
Interest on Investments
3.68
1.38
1.38
1.38
1.38
0.69
Interest on Bank Deposits
0.75
1.80
2.30
7.56
3.89
1.71
Interest on Loans Against Company Deposits
0.00
0.00
0.00
0.00
0.00
0.00
Fee and Other Charges
26.81
43.17
46.81
33.20
27.08
8.06
Other
Income
0.01
0.04
1.27
22.50
29.53
14.68
Profit on sale of Assets
0.00
0.00
0.00
0.00
0.00
0.00
Profit on sale of Investments
0.00
0.00
0.00
0.00
0.00
0.00
Dividend
0.00
0.00
0.00
0.00
0.00
0.00
Recovery of Interest decrecognised in
0.00
0.00
0.00
0.00
0.00
0.00
previous year
Recovery of Debt Written off
0.00
0.00
0.00
0.00
0.00
0.00
TOTAL INCOME
459.88
573.51
691.90
602.90
462.99
176.86
EXPENDITURE
Interest on Term loans from Bank of Baroda
139.37
175.92
212.55
49.49
39.83
46.49
Intrest on Term loans from other Bank
0.00
0.00
0.00
32.60
42.00
17.98
Interest on Refinance from NHB
178.16
226.06
293.82
302.99
180.07
11.81
Interest on Bonds
0.00
0.00
9.82
16.60
16.60
8.30
Exchange Difference
0.00
0.00
0.00
16.07
10.76
8.50
Bank
and Commitment charges
0.00
0.02
0.07
0.06
0.02
0.01
Interest Tax
0.00
0.00
0.00
0.00
0.00
0.00
Staff Expenses
13.20
12.42
9.81
9.75
13.64
7.41
Rent, Rates & Taxes
0.88
1.03
1.48
2.10
2.44
1.13
Repairs and Maintenance
0.17
0.44
0.36
0.37
0.49
0.29
Electricity & Water Charges
0.60
0.81
1.28
1.13
1.12
0.55
Insurance
0.01
0.01
0.03
0.07
0.03
0.03
Travelling and Conveyance
0.96
1.03
1.49
2.13
1.77
1.30
Printing & Stationery
0.44
0.63
0.75
0.63
0.55
0.23
Postage & Telephone
1.26
1.89
1.88
2.32
2.03
0.69
Advertisements
0.56
1.47
0.54
0.42
0.13
0.00
Loss on sale of Assets/ written off assets
0.00
0.00
0.04
0.00
0.00
0.01
General Office Expenses
1.23
1.83
2.24
2.30
2.19
1.31
Auditors Remuneration
0.01
0.02
0.02
0.02
0.02
0.01
Professional/Legal & Other Certification Charges
0.19
0.79
1.63
5.21
1.98
1.73
Depreciation
on Fixed Assets
1.48
1.50
1.70
1.27
0.99
0.37
Depreciation on Investments
0.00
0.00
0.00
0.00
0.00
0.00
Misc. Expenses
0.22
0.12
2.03
1.81
0.33
0.40
Interest Derecognised
0.00
0.00
0.00
0.00
0.00
0.00
Provision for NPA
4.27
7.12
26.89
61.71
27.17
9.51
Provision for Contingencies
0.00
0.00
0.00
0.00
0.00
0.00
Bad Debts Written Off
0.00
0.00
0.00
0.00
0.00
1.87
Debenture issue Expenses Written off/
Preliminary exp.
0.08
0.00
0.23
0.23
0.23
0.12
TOTAL EXPENDITURE
343.05
433.09
568.67
509.28
344.39
120.03
Profit (Loss) Before Tax
116.83
140.42
123.23
93.62
118.60
56.83
183
BOB Housing Finance Limited
Summarised Profit and Loss Account
Amount in Rs. million
Financial Year ended March 31,
Period ended
2001
2002
2003
2004
2005
Sep 05
Provision for IT of earlier years/(Refund)
0.00
0.00
1.85
-0.25
0.00
0.00
Provision for Income Tax
27.95
30.31
27.47
20.24
32.46
0.00
Deferred Tax income/(expense)
0.00
0.02
0.03
-0.07
-0.05
0.00
Profit (Loss) After Tax
88.88
110.13
93.93
73.56
86.09
56.83
Less: Prior Period Taxation
0.00
0.00
0.00
0.00
23.92
0.00
Add: Prior period Adjustment
0.25
0.29
0.00
0.00
0.00
0.02
Less: Prior Period Adjustments
0.00
0.00
0.53
0.68
0.78
0.19
Surplus Brought forward from Prev. Year
5.82
20.14
45.67
0.00
0.00
0.00
Profit available for Apportionment
94.95
130.55
139.07
72.87
61.40
56.65
Transfer to Special Reserves
46.17
55.89
48.54
36.70
56.85
0.00
General Reserves
8.80
11.00
70.29
22.63
0.00
0.00
Dividend on Equity Shares
18.00
18.00
18.00
12.00
0.00
0.00
Dividend
Distribution Tax
1.84
0.00
2.25
1.54
0.00
0.00
Surplus Carried to Balance Sheet
20.14
45.67
0.00
0.00
4.55
56.65
Summarised Statement of Assets and Liabilities
Amount in Rs. million
Financial Year ended March 31,
Period ended
2001
2002
2003
2004
2005
Sep 05
LIABILITIES
Share Capital
150.00
150.00
150.00
150.00
150.00
150.00
Special Reserves
169.41
225.30
273.83
310.53
405.46
405.46
General Reserves
55.69
66.69
137.26
159.89
121.81
121.81
Profit & Loss Account
20.14
45.67
0.00
0.00
4.55
61.20
Term Loan from NHB
1,596.87
2,276.14
2,906.41
2,441.03
426.33
222.83
Term Loan from BOB
1,577.50
2,056.31
2,491.56
1,135.84
1,795.55
1,722.89
Term Loans from Other Banks
0.00
0.00
5.00
546.41
582.14
504.08
Deffered
Tax liabilities
0.00
0.29
0.00
0.00
0.00
0.00
Unsecured Redeemable Bonds
0.00
0.00
200.00
200.00
200.00
200.00
Interest Accured and Due on Deposits
0.00
0.00
0.00
0.00
0.00
0.00
Short Term Loans from BOB/NHB
0.17
0.00
0.00
0.00
0.00
0.00
Home Loan Account
0.00
0.00
0.00
0.00
0.00
0.00
Non Cumulative Deposit
0.00
0.00
0.00
0.00
0.00
0.00
Cumulative Deposit
0.00
0.00
0.00
0.00
0.00
0.00
Current Liabilities
3.48
3.01
18.45
53.24
40.45
104.68
Provisions
32.33
37.61
66.75
121.74
135.38
144.89
TOTAL LIABILITIES
3,605.58
4,861.00
6,249.25
5,118.68
3,861.66
3,637.84
184
BANK OF BARODA
BOB Housing Finance Limited
Summarised Assets and Liabilities Statement
Amount in Rs. million
Financial year ended March 31,
Period ended
2001
2002
2003
2004
2005
Sep 05
ASSETS
Fixed Assets
5.76
5.86
6.04
5.28
4.41
4.07
Investments
10.00
10.00
10.00
10.00
10.00
10.00
Housing Loans
3,427.04
4,556.31
5,899.17
4,719.12
3,545.20
3,185.22
Loans & Advances
78.81
96.90
126.60
138.24
124.13
103.45
Cash in Hand
0.09
0.96
0.67
2.28
2.67
4.06
Cash in Bank
64.89
144.04
153.80
55.01
31.13
125.53
Fixed Deposit
0.00
23.50
37.00
29.05
9.49
76.52
MBS PTC B
0.00
0.00
0.00
153.21
130.61
123.19
Other Current Assets
19.00
23.13
14.23
5.08
2.88
4.77
Misc. Expenses to the extent not written off
0.00
0.00
1.40
1.16
0.93
0.81
Deffered Tax Assets
0.00
0.31
0.34
0.27
0.22
0.22
TOTAL ASSETS
3,605.58
4,861.00
6,249.25
5,118.68
3,861.66
3,637.84
Contingent Liabilities not provided for
Amount in Rs. million
Financial year ended on March 31,
2001
2002
2003
2004
2005
Period ended
Sep 05
Income Tax
Matter under dispute
0.32
0.77
0.37
0.00
0.00
0.00
Note: The company has not made provision for income tax in the books of accounts for the half year ending September
05, which is made on yearly basis at year end. However, company has paid advance Income Tax Rs. 113 lacs during the
half year ending September 05.
