Quarterly Results & LRR (Clause 41)

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September 10

BALANCE SHEET AS AT SEPTEMBER 30, 2010

 

Rs in Crores

As at

30- Sep -10

30-Sep -09

FUNDS EMPLOYED

 

 

 

 

 

SHAREHOLDERS FUNDS

 

 

Share Capital

292.02

284.90

Reserves and Surplus

16,888.66

14,356.49

 

17,180.68

14,641.39

 

 

 

LOAN FUNDS

 

 

 

 

 

Term Loans

35,004.30

26,867.19

Bonds, Debentures, FCCB and Commercial Paper

47,289.65

42,506.34

Deposits

26,881.03

20,529.81

 

109,174.98

89,903.34

 

126,355.66

104,544.73

 

 

 

APPLICATION OF FUNDS

 

 

LOANS*

 

 

Individuals

68,263.49

57,067.56

Corporate Bodies

36,522.61

30,835.42

Others

15,01.37

1,615.89

 

106,287.47

89,518.87

 

 

 

INVESTMENTS

17,558.990

13,310.39

 

 

 

DEFERRED TAX ASSET

311.00

228.51

 

 

 

CURRENT ASSETS, LOANS AND ADVANCES

6,642.44

5,278.15

Less : CURRENT LIABILITIES AND PROVISIONS

4,667.06

3,993.23

 

1,975.38

1,284.92

 

 

 

FIXED ASSETS

222.82

202.04

 

126,355.66

104,544.73

 

 

 

 

 

 

30-Sep-10

30-Sep-09

* Excludes Loans off-balance sheet - margin retained over the life of the loan

10,293.94

7,504.25

 

 

 

Loans sold during the last 12 months

4,857.53

6,099.97

 

 

 

1 Crore = 10 Million

 

 

 
 

PROFIT AND LOSS ACCOUNT FOR THE HALF YEAR ENDED SEPTEMBER 30, 2010

 

Rs in crores

 

2010-11

2009-10

 

 

 

Income from Operations

5,703.68

5,576.43

Interest and Other Charges

3,437.14

3,799.31

NET INTEREST INCOME

2,266.54

1,777.12

Add:

Profit on Sale of Investments

58.95

112.60

Other Income

9.54

10.27

 

68.49

122.87

Less Non Interest Expenses

 

 

Staff Expenses

92.11

75.38

Establishment Expenses

25.83

25.95

Other Expenses 78.54 71.37

Depreciation

8.42

8.43

Provision for Contingencies 30.00 26.00
  234.90 207.13
     

PROFIT BEFORE TAX

2,100.13

1,692.86

Less : Provision for Tax (Net of Deferred Tax)

598.00

464.00

PROFIT AFTER TAX

1,502.13

1,228.86

1 Crore = 10 Million

 

 

 

HIGHLIGHTS - SEPTEMBER 30, 2010

 

 Rs in crores

 

2010-11

2009-10

 

 

 

Book Value per Share (Rs)*

118

103

 

 

 

Adjusted Book Value (adjusted for unrealised gain on investments)

277

196

     

Earnings Per Share - (Rs.)* #

 

 

Basic

10.33

8.62

Diluted

10.16

8.39

 

 

 

Capital adequacy ratio

14.1%

14.9%

   of which Tier I

13.0%

13.4%

                Tier II

1.1%

1.5%

 

 

 

Spread on Loans 2.34% 2.20%
     

Non performing loans (90days overdue)

0.86%

0.95%

Non performing loans (six months overdue)

0.53%

0.60%

Provision for contingencies

726.62

671.98

     

1 Crore = 10 Million

 

 

 

*The face value of the equity shares of the Corporation was sub-divided to Rs. 2 per equity share from Rs. 10 per equity share w.e.f. August 21, 2010. Previous year figures have been adjusted to reflect the revised face value.

 

# pertains to the half year