|
|
Group |
Bank |
|
|
|
|
|
|
|
|
| For the year ended December 31, |
Note |
2008
Rs. ’000 |
2007
Rs. ’000 |
Change
% |
2008
Rs. ’000 |
2007
Rs. ’000 |
Change
% |
| Income |
|
43,960,022 |
35,206,860 |
24.86 |
44,115,249 |
35,222,918 |
25.25 |
| Interest income |
1 |
37,213,374 |
30,520,562 |
21.93 |
37,188,224 |
30,503,072 |
21.92 |
| Less: Interest expenses |
2 |
24,317,771 |
18,933,715 |
28.44 |
24,335,704 |
18,951,118 |
28.41 |
| Net interest income |
|
12,895,603 |
11,586,847 |
11.30 |
12,852,520 |
11,551,954 |
11.26 |
| Foreign exchange profit |
|
2,633,321 |
1,544,832 |
70.46 |
2,633,321 |
1,544,832 |
70.46 |
| Fees and commission income |
3 |
2,714,980 |
2,381,902 |
13.98 |
2,715,061 |
2,382,538 |
13.96 |
| Other income |
4 |
1,398,347 |
759,564 |
84.10 |
1,578,643 |
792,476 |
99.20 |
| |
|
19,642,251 |
16,273,145 |
20.70 |
19,779,545 |
16,271,800 |
21.56 |
| Less: Operating expenses |
5 |
|
|
|
|
|
|
| Personnel expenses |
|
3,665,365 |
3,283,541 |
11.63 |
3,633,738 |
3,269,390 |
11.14 |
Premises, equipment and
establishment expenses |
|
1,996,149 |
1,599,623 |
24.79 |
1,988,614 |
1,623,797 |
22.47 |
Provision for staff retirement
benefits |
6 |
292,659 |
269,128 |
8.74 |
292,659 |
269,128 |
8.74 |
| Loan losses and provisions |
7 |
2,278,212 |
1,777,476 |
28.17 |
2,278,212 |
1,777,476 |
28.17 |
| Other overhead expenses |
|
4,002,703 |
2,577,539 |
55.29 |
4,066,180 |
2,627,280 |
54.77 |
| |
|
12,235,088 |
9,507,307 |
28.69 |
12,259,403 |
9,567,071 |
28.14 |
| Profit from operations |
|
7,407,163 |
6,765,838 |
9.48 |
7,520,142 |
6,704,729 |
12.16 |
| Add: Share of profit of Associates |
8 |
9,085 |
25,011 |
(63.68) |
– |
– |
– |
| Profit before taxation |
|
7,416,248 |
6,790,849 |
9.21 |
7,520,142 |
6,704,729 |
12.16 |
| Less: Income tax expense |
9 |
3,295,842 |
2,638,396 |
24.92 |
3,251,770 |
2,601,164 |
25.01 |
| Profit after taxation |
|
4,120,406 |
4,152,453 |
(0.77) |
4,268,372 |
4,103,565 |
4.02 |
| Attributable to: |
|
|
|
|
|
|
|
| Equity holders of the parent |
|
4,118,884 |
4,149,021 |
(0.73) |
4,268,372 |
4,103,565 |
4.02 |
| Minority interest |
|
1,522 |
3,432 |
(55.65) |
– |
– |
– |
| |
|
4,120,406 |
4,152,453 |
(0.77) |
4,268,372 |
4,103,565 |
4.02 |
| Dividend per Ordinary Share (Rs.) |
|
|
|
|
7.00 |
7.00 |
– |
| Basic Earnings per Share (Rs.) |
10 |
16.36 |
17.04 |
(3.99) |
|
|
|
| Diluted Earnings per Share (Rs.) |
10 |
16.23 |
16.91 |
(4.02) |
|
|
|
| |
|
|
|
|
|
|
|
| The SIgnificant Accounting Policies and the Notes from pages 104 to 164 form an integral part of these Financial Statements. |
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