Press Release

March 10

BALANCE SHEET AS AT MARCH 31, 2010
	Rs in Crores	Rs in Crores
As at	31-Mar-10	31-Mar-09
FUNDS EMPLOYED

SHAREHOLDERS FUNDS
Share Capital	287.11	284.45
Reserves and Surplus	14,910.55	12,852.94
	15,197.66	13,137.39

LOAN FUNDS

Term Loans	32,136.90	25,371.86
Bonds, Debentures, FCCB and Commercial Paper	41,347.27	39,109.55
Deposits	23,081.14	19,374.67
	96,565.31	83,856.08
	111,762.97	96,993.47

APPLICATION OF FUNDS
LOANS*
Individuals	61,304.54	54,889.44
Corporate Bodies	35,118.70	28,416.53
Others	1,543.75	1,892.14
	97,966.99	85,198.11

INVESTMENTS	10,727.46	10,468.75

DEFERRED TAX ASSET	285.73	215.82

CURRENT ASSETS, LOANS AND ADVANCES	7,363.64	5,570.83
Less : CURRENT LIABILITIES AND PROVISIONS	4,802.96	4,663.44
	2,560.68	907.39

FIXED ASSETS	222.11	203.40
	111,762.97	96,993.47

1 Crore = 10 Million
* Loans as at March 31, 2010 is net of total loans sold during the year amounting to Rs. 5,755 crores

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2010
	Rs in crores
	2009-10	2008-09
INCOME
Income from Operations	11,128.88	10,971.42
Profit on Sale of investments	209.40	2 3.37
Other Income	22.55	22.87
	11,360.83	11,017.66

EXPENDITURE AND CHARGES
Interest and Other Charges	7,063.08	7,432.45
Staff Expenses	146.65	138.61
Establishment Expenses	4 1.36	35.96
Other Expenses	117.55	124.14
Depreciation and Amortisation	18.20	17.46
Provision for Contingencies	58.00	50.00
	7,444.84	7,798.62

Profit Before Tax	3,915.99	3,219.04
Less : Provision for Tax	1 ,089.50	934.00
Less : Provision for Fringe Benefit Tax	-	2.50
PROFIT AFTER TAX AVAILABLE FOR APPROPRIATION	2,826.49	2,282.54
APPROPRIATIONS
Special Reserve	500.00	400.00
Additional Reserve (u/s 29C of the NHB Act)	432.00	342.00
General Reserve	695.01	553.04
Shelter Assistance Reserve	9.00	7.00
Proposed Dividend (Rs. 36 per share)	1,033.60	853.36
Additional Tax on Proposed Dividend	171.67	140.69
Additional Tax on Dividend 2007-08 Credit taken	(15.16)	(14.05)
Dividend pertaining to Previous Year paid during the year	0.37	0.50
	2,826.49	2 ,282.54
1 Crore = 10 Million

SCHEDULE
	Rs in Crores
	2009-10	2008-09s
INCOME FROM OPERATIONS
Interest on Loans	9,978.99	9,931.04
Other Interest	471.59	555.23
Surplus from Deployment in Cash Management Schemes of Mutual Funds	189.84	157.97
Dividend Income	232.71	195.66
Fees and Other Charges	231.66	114.94
Other Operating Income	24.09	16.58
	11,128.88	10,971.42

INTEREST AND OTHER CHARGES

INTEREST
Loans	1,997.21	2,331.64
Deposits	1,784.13	1,470.80
Bonds and Debentures	3,203.41	3,570.40
	6,984.75	7,372.84

OTHER CHARGES	78.33	59.61
	7,063.08	7,432.45

INVESTMENTS

Equity Shares - Subsidiaries & Associate Companies	7,669.55	3,768.76
Equity Shares - Other Companies	848.99	983.76
Convertible Preference Shares	71.32	63.68
Preference Shares	5.99	20.25
Convertible Debentures	32.97	10.00
Debentures and Bonds	97.65	387.91
Pass Through Certificates and Security Receipts	89.22	104.92
Properties	153.79	183.06
Government Securities	1,139.48	652.47
Liquid Funds	-	3,658.54
Mutual Funds and Other Funds	654.90	720.73
	10,763.86	10,554.08
Less Provision for Diminution in Value of Investments	36.41	85.33
	10,727.45	10,468.75

Unrealised gains on listed investments including HDFC Investments Limited	16,667.69	10,236.00

1 Crore = 10 Million