Bank of baroda

TOTAL
787.11
764.50
1,055.59
1046.72
937.46
2,233.11

---

190
BANK OF BARODA
BOBCARDS LIMITED
SUMMARIZED PROFIT & LOSS ACCOUNT
Rs. in million
Six months
ended
Year ended March 31
30th Sep
2005 (Limited
ITEMS
2001
2002
2003
2004
2005
review)
Commission, service charges,
325.03
315.30
327.16
316.17
482.40
263.14
membership & renewal fees and
other income
Less: -
Operating expenditures except .
234.03
215.87
224.44
228.29
384.38
176.55
write-offs, provisions and
deprecations
Operating Profit
91.01
99.43
102.72
87.88
98.02
86.59
Less: 
-
Write-offs & Provisions
57.04
59.82
20.72
26.39
31.33
16.50
Profit Before Depreciation and
33.97
39.61
82.01
61.49
66.69
70.09
Tax (PBDT)
Less: -
Depreciation
5.40
2.59
3.42
3.18
2.87
1.57
Profit Before Tax (PBT)
28.57
37.03
78.59
58.32
63.82
68.52
Less: 
- Current and deferred tax
17.50
14.00
24.91
15.67
18.54
0.00
Less: 
- Short provision for earlier
0.00
0.00
12.20
0.00
0.00
0.00
years -tax
Profit After Tax (PAT)
11.07
23.03
41.48
42.65
45.28
68.52
Less:
- Prior years expenses
0.89
4.92
2.07
0.34
1.41
0.00
Add: 
- Prior years income
0.00
0.49
0.14
1.16
0.42
0.00
Add: -
Excess provision of tax
0.30
0.00
0.10
0.00
0.00
0.00
earlier years written back
Less:-
Excess Provision of tax
0.00
0.00
0.00
2.13
0.00
0.00
earlier years written back
Add:
- 
Bonus Points Redemption
0.00
0.00
0.00
6.85
0.00
0.00
Profit available for distribution
10.48
18.60
39.65
48.19
44.30
0.00
and appropriation

---

191
ANNEXURE H
BANK OF BARODA (BOTSWANA) LTD.
I SUMMARY STATEMENT OF PROFIT AND LOSS
(Rs. in million)
Sr.
AUDITED
LIMITED
No.
 
FINANCIAL YEAR ENDED 31ST MARCH
REVIEW
Half-Year
ended
2001
2002
2003
2004
2005
Sep-05
Exchange Rate 1LC= IRS
8.16
7.10
9.21
9.27
9.50
8.10
A
INCOME
1
Interest Earned
1.1
Interest & Discount on
0.00
9.69
59.16
97.21
114.58
54.68
advances/bills
1.2
Income on Investment
4.20
10.69
15.63
35.75
107.30
67.78
1.3
Interest on balance with RBI
5.55
5.29
3.73
11.55
18.06
8.97
and other Inter Bank Lending
1.4
Interest on Income Tax
0.00
0.00
0.00
0.00
0.00
0.00
1.5
Others
0.00
0.00
0.00
0.00
0.00
0.22
2
OTHER INCOME
2.1
Commission, Exchange
0.00
2.28
3.12
4.03
4.38
1.64
Brokerage
2.2
Profit on sale of investments
0.00
0.00
0.00
0.00
0.00
0.00
(Net)
2.3
Profit on revaluation of
0.00
0.00
0.00
0.00
0.00
0.00
investments(Net)
2.4
Profit on sale of land,bldg. &
0.00
0.00
0.00
0.00
0.00
0.00
other assets (Net)
2.5
Profit on exchange
(0.35)
4.18
10.09
13.81
22.70
10.61
transaction (Net)
2.6
Income earned by way of
0.00
0.00
0.00
0.00
0.00
0.00
dividends etc. from
Subsidiaries/companies/ joint
ventures in India
2.7
Amount transferred from
0.00
0.00
0.00
0.00
0.00
0.00
interbranch transactions
blocked account
2.8
Miscelleneous Income
0.00
2.12
6.82
10.51
10.78
5.08
TOTAL_INCOME_9.40_34.25_98.55_172.86_277.80_148.98'>TOTAL INCOME
9.40
34.25
98.55
172.86
277.80
148.98

---

192
BANK OF BARODA
ANNEXURE H
(Rs. in million)
Sr.
AUDITED
LIMITED
No.
 
FINANCIAL YEAR ENDED 31ST MARCH
REVIEW
Half-Year
ended
2001
2002
2003
2004
2005
Sep-05
Exchange Rate 1Local
8.16
7.10
9.21
9.27
9.50
8.10
Currency = IRS
B
EXPENDITURE
1
Interest Expended
1.1
Interest on Deposits
0.00
5.94
32.13
74.57
156.07
93.06
1.2
Interest on RBI/ Inter-Bank
0.00
0.00
0.07
0.76
0.27
0.05
borrowings
1.3
Others
0.00
0.00
0.00
0.00
0.00
0.00
Operating expenses
1
Payment to & provision for
0.07
7.02
11.22
10.80
14.11
5.46
employees
2
Rent, Taxes & Lighting
0.00
3.59
2.39
2.60
7.30
5.30
3
Printing and Stationery
0.15
0.94
1.10
1.91
1.65
0.94
4
Advertisement and publicity
0.03
2.14
1.84
1.65
2.43
1.22
5
Depreciation on Banks
0.63
6.11
8.64
8.94
4.26
1.55
Properties (net of amounts
adusted against revaluation
reserve)
6
Director’s Fees, Allowances &
0.00
0.11
2.58
2.50
2.51
0.00
Expenses
7
Auditor’s Fees & Expenses
0.03
0.96
0.52
0.18
1.39
0.57
8
Law Charges
0.00
0.00
0.19
0.00
0.38
0.08
9
Postage, Telegrames,
0.00
1.19
2.10
2.70
3.45
1.05
Telephones etc.
10
Repairs & Maintenance
0.00
1.03
2.67
7.84
7.56
1.63
11
Insurance
0.00
0.26
1.06
1.14
2.02
0.67
12
Other Expenditure
6.92
0.97
8.21
1.46
4.56
2.34
TOTAL EXPENDITURE
7.83
30.26
74.72
117.05
207.96
113.92
Gross Profit before provisions
1.58
3.99
23.83
55.81
69.83
35.06
& contigencies
LESS:Provisions &
0.58
2.60
11.92
16.95
29.62
12.20
Contingencies (Other than
floating provision for NPAs)
Profits after provisions and
1.00
1.39
11.92
38.86
40.21
22.86
contingencies
Add: Amount transferred from
0.00
0.00
0.00
0.00
0.00
0.00
Investment Fluctuation Reserve
Less:Floating provision for
0.00
0.00
0.00
0.00
0.00
0.00
NPAs
Net Profit for the Year/ half
1.00
1.39
11.92
38.86
40.21
22.86
year As per Financial
Statements

---

193
ANNEXURE H
(Rs. in million)
Sr.
AUDITED
LIMITED
No.
 
FINANCIAL YEAR ENDED 31ST MARCH
REVIEW
Half-Year
ended
2001
2002
2003
2004
2005
Sep-05
APPROPRIATIONS
TRANSFER TO
a)
Statutory Reserve
-
-
-
-
-
-
b)
Capital Reserve
-
-
-
-
-
-
c)
Revenue and Other Reserves
1.00
1.39
11.92
38.86
40.21
22.86
i)
Investment Fluctuation Reserve
ii)
General Reserve
-
-
-
-
-
-
iii)
Statutory Reserve (Foreign)
-
-
-
-
-
-
d)
Staff Welfare Account
-
-
-
-
-
-
e)
Dividend (including Dividend
-
-
-
-
-
-
Tax)
i)
Interim Dividend
-
-
-
-
-
-
ii)
Proposed Dividend
-
-
-
-
-
-
Tax on Dividend
Transfer to:Unallocated Profit
TOTAL
1.00
1.39
11.92
38.86
40.21
22.86
Break-up of provisions
and contingencies
Provision for Non Performing
-
1.02
5.67
1.92
15.25
3.77
Advances
Provision for Standard
-
1.36
2.30
2.07
0.87
0.37
Advances
Depreciation on Investments
-
-
-
-
-
-
Provisions for income tax
0.58
0.22
3.94
12.96
13.50
8.06
Provision for Restructured
-
-
-
-
-
-
Standard Accounts
Others
-
-
-
-
-
-
Floating Provision for NPAs
-
-
-
-
-
-
(in adition to norms)
TOTAL
0.58
2.60
11.91
16.95
29.62
12.20

---

194
BANK OF BARODA
ANNEXURE H
BANK OF BARODA (BOTSWANA) LTD.
II. SUMMARY STATEMENT OF ASSETS AND LIABILITIES
(Rs. in million)
Sr.
AUDITED
LIMITED
No.
AS AT 31ST MARCH
REVIEW
Half-Year
ended
2001
2002
2003
2004
2005
Sep-05
(A)
ASSETS
1
Cash in Hand
0.44
4.97
11.19
19.05
13.76
2.45
2
Balance with Bank of Botswana
6.13
18.58
26.56
55.67
71.71
66.11
3
Balance with Banks
0.00
33.56
31.02
15.16
13.63
315.43
- In India
0.00
0.00
0.00
0.00
0.00
0.00
- Outside India
0.00
33.56
31.02
15.16
13.63
315.43
4
Money at call and Short notice
90.61
22.40
197.70
340.75
525.79
206.05
5
Investment
76.14
154.56
71.51
409.21
1,205.45
1,147.77
- In India
-
-
-
-
-
- 
- Outside India
76.14
154.56
71.51
409.21
1,205.45
1,147.77
6
Advances
0.04
162.52
500.22
601.39
708.01
658.51
- In India
- Outside India
0.04
162.52
500.22
601.39
708.01
658.51
7
Fixed Assets
3.16
17.33
16.77
8.90
21.90
32.39
Less:Revaluation Reserve
0.00
0.00
0.00
0.00
0.00
0.00
Net Fixed Assets
3.16
17.33
16.77
8.90
21.90
32.39
8
Other Assets
4.56
4.85
20.03
30.97
49.32
41.73
TOTAL - (A)
181.08
418.77
875.00
1,481.10
2,609.57
2,470.34
(B)
LIABILITIES

 
1
DEPOSITS
Demand Deposits
0.10
108.70
71.02
94.72
105.77
84.01
- From Banks
0.00
0.00
0.00
0.00
0.00
0.00
- From Others
0.10
108.70
71.02
94.72
105.77
84.01
2
Saving Deposits
1.02
51.41
118.76
222.54
339.03
358.64
3
Term Deposits from Banks
0.00
0.00
0.00
0.00
0.00
0.00
Term Deposits from Others
0.18
107.63
468.60
906.06
1,850.13
1,725.90
4
Borrowings
0.07
0.00
3.49
0.00
16.54
12.01
- In India
0.00
0.00
0.00
0.00
3.93
0.06
- Outside India
0.07
0.00
3.49
0.00
12.61
11.95
5
Other Liabilities and Provisions
15.51
4.76
14.11
18.61
12.78
23.64
6
Subordinate Debts
0.00
0.00
0.00
0.00
0.00
0.00