Bank of baroda

BANK OF BARODA
SELECTED FINANCIAL INFORMATION
SUMMARY STATEMENT OF PROFIT AND LOSS RESTATED ON AN UNCONSOLIDATED BASIS
(Rs. in million)
Sr.
Audited
Limited review
No.
Financial Year ended March 31,
Half-Year ended
2001
2002
2003
2004
2005
Sep-04
Sep-05
A
INCOME
1
Interest Earned
57,573.42
59,555.48
60,975.55
61,470.69
64,314.18
30,765.52
33,672.76
1.1
Interest & Discount on
advances / bills
29,382.50
30,596.24
30,662.00
28,008.28
29,027.51
14,231.28
17,237.86
1.2
Income on Investment
21,508.26
23,677.05
27,032.53
29,321.76
29,889.77
14,594.49
14,863.01
1.3
Interest on balance with RBI
and other Inter Bank Lending
6,128.01
4,289.75
2,302.78
1,973.69
2,354.65
1,209.51
1,303.80
1.4
Interest on Income Tax
414.27
471.28
47.99
1,110.04
1,889.81
99.71
0.02
1.5
Others
140.39
521.17
930.26
1,056.93
1,152.44
630.53
268.07
2
OTHER INCOME
7,062.78
9,931.66
12,617.02
17,190.06
13,048.28
7,540.61
5,183.21
2.1
Commission, Exchange
Brokerage
2,977.27
3,054.75
3,441.17
3,444.48
3,425.99
1,695.53
1,702.43
2.2
Profit on sale of investments
(Net)
1,019.69
4,153.82
6,315.18
10,175.30
5,351.50
3,752.19
1,399.47
2.3
Profit on revaluation of
investments (Net)
6.20
0.00
0.00
0.00
0.00
0.00
0.00
2.4
Profit on sale of land,
Building & other assets (Net)
(1.27)
11.38
0.49
1.14
0.20
0.82
0.16
2.5
Profit on exchange transaction
(Net)
1,344.32
1,174.51
1,382.71
1,695.62
1,932.68
1,037.09
681.84
2.6
Income earned by way of
dividends, etc. from
Subsidiaries/companies/
Joint Ventures in India
14.06
50.83
63.62
114.70
189.65
187.38
110.97
2.7
Miscellaneous Income
1,702.50
1,486.39
1,413.85
1,758.83
2,148.24
867.60
1,288.34
TOTAL INCOME
64,636.19
69,487.15
73,592.57
78,660.75
77,362.46
38,306.13
38,855.97
B
EXPENDITURE
1
Interest Expended
38,195.47
40,761.06
39,941.91
35,754.83
34,521.46
17,052.16
18,268.16
1.1
Interest on Deposits
35,809.03
38,483.54
37,753.75
33,647.27
32,479.64
16,042.14
16,930.47
1.2
Interest on RBI/ Inter-Bank
borrowings
753.54
719.09
650.15
486.91
303.84
141.64
424.97
1.3
Others
1,632.89
1,558.43
1,538.02
1,620.64
1,737.98
868.38
912.72

---

7
SUMMARY STATEMENT OF PROFIT AND LOSS RESTATED
(Rs. in million)
Sr.
Audited
Limited review
No.
Financial Year ended March 31,
Half-Year ended
2001
2002
2003
2004
2005
Sep-04
Sep-05
2.
Operating Expenses
16,075.98
15,633.50
16,484.40
18,053.03
19,821.86
9,789.94
11,078.41
2.1
Payment to & provision for
employees
11,457.34
10,562.64
11,285.88
12,525.22
13,810.52
6,857.94
7,417.99
2.2
Rent, Taxes & Lighting
1,192.29
1,536.60
1,459.67
1,643.08
1,673.23
874.48
779.95
2.3
Printing and Stationery
191.45
184.73
179.41
190.65
184.12
83.42
88.95
2.4
Advertisement and publicity
62.36
57.34
94.64
241.09
104.11
23.13
156.86
2.5
Depreciation on Banks
Properties (net of amounts
adjusted against revaluation
reserve)
772.48
912.69
886.11
755.70
818.77
426.57
394.15
2.6
Director’s Fees, Allowances &
Expenses
2.18
3.91
4.23
4.61
3.98
0.00
2.25
2.7
Auditor’s Fees & Expenses
110.45
113.91
124.61
181.64
167.56
94.06
87.51
2.8
Law Charges
124.24
97.91
102.86
102.87
103.24
50.74
45.59
2.9
Postage, Telegrams,
Telephones etc.
139.25
137.02
157.88
128.54
173.21
74.78
95.59
2.10 Repairs & Maintenance
305.88
284.78
339.44
383.59
416.67
207.76
214.11
2.11 Insurance
287.49
323.93
361.82
420.33
634.60
304.44
401.17
2.12 Other Expenditure
1,430.59
1,418.05
1,487.84
1,475.71
1,731.87
792.62
1,394.29
TOTAL EXPENDITURE
54,271.45
56,394.56
56,426.31
53,807.85
54,343.32
26,842.10
29,346.57
Operating Profit (before Provision &
Contingencies)
10,364.74
13,092.58
17,166.26
24,852.90
23,019.14
11,464.03
9,509.40
Less: Provisions & Contingencies
(Other than Provision for Tax)
5,866.71
5,218.57
5,561.22
9,523.79
14,387.96
4,078.41
3,828.54
Profit Before Tax
4,498.03
7,874.01
11,605.04
15,329.11
8,631.17
7,385.62
5,680.86
Provision for Tax
1,851.42
2,497.14
3,977.20
5,659.15
1,862.77
2,322.62
1,520.77
Net Profit after tax
2,646.61
5,376.87
7,627.84
9,669.96
6,768.40
5,063.00
4,160.09
Add: Amount transferred from
Investment Fluctuation Reserve
264.66
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit for the Year/ half-year
ended as per Financial Statements
2,911.27
5,376.87
7,627.84
9,669.96
6,768.40
5,063.00
4,160.09

---

8
BANK OF BARODA
SUMMARY STATEMENT OF PROFIT AND LOSS RESTATED
(Rs. in million)
Sr.
Audited
Limited review
No.
Financial Year ended March 31,
Half-Year ended
2001
2002
2003
2004
2005
Sep-04
Sep-05
APPROPRIATIONS TRANSFER TO
a)
Statutory Reserve
753.00
1,364.82
1,932.00
2,417.50
1,692.10
0.00
0.00
b)
Capital Reserve
0.04
2.83
70.71
25.10
0.00
0.00
0.00
c)
Revenue and Other Reserves
0.00
0.00
0.00
0.00
0.00
0.00
0.00
i)
Investment Fluctuation Reserve
0.00
2,183.41
3,107.00
4,750.00
0.00
0.00
0.00
ii)
General Reserve
789.16
589.34
521.59
262.69
3,323.95
0.00
0.00
iii)
Statutory Reserve (Foreign)
64.31
52.48
68.84
64.24
82.79
0.00
0.00
d)
Dividend (including
Dividend Tax)
i)
Interim Dividend
0.00
0.00
592.00
879.79
527.88
0.00
0.00
ii)
Proposed Dividend
1184.00
1,184.00
1,184.00
1,026.42
938.45
0.00
0.00
Tax on Dividend
120.77
0.00
151.70
244.23
203.24
0.00
0.00
Transfer to : Unallocated Profit
0.00
0.00
0.00
0.00
0.00
5,063.00
4,160.09
TOTAL
2,911.27
5,376.87
7,627.84
9,669.96
6,768.40
5,063.00
4,160.09
Break up of Miscellaneous Income (*)
Incidental charges
760.50
816.91
881.91
950.15
1,200.12
536.96
682.79
Recovery in bad debts written off
429.57
346.81
419.01
622.42
759.76
288.23
590.27
Others
512.43
322.68
112.92
186.26
188.37
42.41
15.28
Total Miscellaneous Income
1,702.50
1,486.39
1,413.85
1,758.83
2,148.24
867.60
1,288.34
(*) Items listed here are generally of
recurring nature.
Break-up of provisions and
contingencies
Provision for Non Performing
Advances
4,820.86
4,105.15
3,768.50
5,380.70
4,293.85
1,892.62
1,392.82
Floating Provision for NPAs
(in addition to norms)
0.00
951.20
690.00
4,212.00
28.30
0.00
0.00
Provision for Standard Advances
91.61
96.45
160.00
3.23
75.64
0.96
141.88
Depreciation on Investments
583.75
(135.37)
11.50
(1,014.42)
8,098.14
1,119.69
2,849.56
Provision for Restructured
Standard Accounts
0.00
365.20
831.20
86.57
240.00
377.20
48.80
Others
370.49
(164.06)
100.02
855.71
1,652.03
687.95
(604.51)
Provision & Contingencies
(other than provision for tax)
5,866.71
5,218.57
5,561.22
9,523.79
14,387.96
4,078.42
3,828.55
Provisions for income tax
1,851.42
2,497.14
3,977.20
5,659.15
1,862.77
2,322.62
1,520.77
TOTAL
7,718.13
7,715.71
9,538.42
15,182.94
16,250.74
6,401.04
5,349.32

---

9
SUMMARY STATEMENT OF ASSETS AND LIABILITIES AS RESTATED
(Rs. in million)
Sr.
Audited
Limited review
No.
As At March 31,
Half-Year ended
2001
2002
2003
2004
2005
Sep-04
Sep-05
(A)
ASSETS
1
Cash in Hand
3,545.51
3,283.49
4,178.89
4,020.15
3,972.27
3,494.45
4,580.79
2
Balance with RBI
40,152.27
22,527.19
30,479.35
26,547.69
23,150.95
42,339.75
29,835.53
3
Balance with Banks
37,531.87
30,694.22
12,025.91
16,565.76
27,678.67
26,104.35
29,548.48
- In India
11,266.09
13,664.41
5,505.37
8,374.32
9,477.88
6,818.44
12,444.60
- Outside India
26,265.78
17,029.82
6,520.54
8,191.44
18,200.79
19,285.91
17,103.88
4
Money at call and Short notice
43,133.89
32,969.21
21,486.85
25,534.51
37,740.13
23,973.11
40,429.16
5
Investment
- In India
184,625.12
218,867.00
283,773.29
360,558.44
348,693.73 380,298.58
358,311.28
- Outside India
13,946.07
19,464.34
18,020.54
19,629.66
22,050.68
20,767.08
24,506.43
TOTAL
198,571.19
238,331.34
301,793.83
380,188.10
370,744.41 401,065.66
382,817.71
6
Advances
274,206.77
336,629.87
353,480.82
356,008.82
434,003.84 374,039.20
489,523.18
- In India
234,286.63
281,154.93
289,141.37
291,968.09
356,713.74 300,684.14
405,027.90
- Outside India
39,920.14
55,474.94
64,339.45
64,040.74
77,290.10
73,355.06
84,495.28
7
Fixed Assets
6,470.70
6,923.83
6,973.20
8,152.69
8,608.03
8,007.53
8,679.74
Less: Revaluation Reserve
2,764.48
2,732.11
2,618.43
2,492.70
2,367.55
2,492.64
2,360.62
Net Fixed Assets
3,706.22
4,191.72
4,354.76
5,659.98
6,240.48
5,514.89
6,319.12
8
Other Assets
29,608.17
37,741.60
33,759.61
34,068.93
40,744.08
32,973.20
31,016.32
Less Deferred Tax Asset (DTA)
-
-
907.68
948.62
430.41
1,448.21
514.23
Other Assets excl. DTA
29,608.17
37,741.60
32,851.93
33,120.31
40,313.67
31,524.99
30,502.09
TOTAL - (A)
630,455.88
706,368.63
760,652.35
847,645.32
943,844.41 908,056.40 1013,556.06
(B)
LIABILITIES
1
DEPOSITS
539,857.82
618,044.64
663,663.65
729,673.24
813,334.64 786,339.12
861,717.14
Demand 
Deposits
- From Banks
4,890.52
4,405.27
5,510.10
4,765.84
3,914.37
4,527.20
4,754.57
- From Others
51,359.83
58,874.77
54,144.35
62,950.58
64,796.54
56,434.42
75,940.34
2
Saving Deposits
121,848.76
140,470.70
164,194.19
197,802.08
227,769.28 215,635.34
249,478.85
3
Term Deposits from Banks
27,659.56
36,430.09
21,965.42
29,233.74
31,940.25
28,081.75
40,302.47
Term Deposits from Others
334,099.16
377,863.81
417,849.60
434,921.00
484,914.21 481,660.41
491,240.91
4
BORROWINGS
9,362.72
6,926.53
6,253.31
8,751.09
16,408.34
11,332.21
26,194.47
- In India
8,516.16
6,926.53
6,253.31
2,346.32
6,360.40
6,462.00
11,280.09
- Outside India
846.56
-
-
6,404.77
10,047.94
4,870.21
14,914.38
5
Other Liabilities and Provisions
38,437.06
33,851.95
38,391.74
46,353.10
45,621.85
42,916.74
45,367.07
6
Subordinate Debts
12,000.00
12,000.00
12,000.00
15,000.00
15,000.00
15,000.00
22,700.00
TOTAL - (B)
599,657.61
670,823.12
720,308.69
799,777.42
890,364.83 855,588.07
955,978.68
(C)
NET WORTH (C=A-B)
30,798.27
35,545.51
40,343.65
47,867.90
53,479.59
52,468.33
57,a577.38

---

10