ratio calculations
DESCRIPTION
FIA assignmentTRANSCRIPT
Term Paper on Trust Bank Limited
Submitted to:
Tasneema Afrin
Course Instructor: Financial Information Analysis
Submitted by:
Group 3
Ayasha Sultana (62)
Syeda Salwa Bakht (65)
Rakshanda Zihan (72)
Md. Shabit Shafiullah (80)
Utal Antor (95)
Syed Ashhab Zaman (97)
BBA 19 | IBA
Date of Submission: 17 June, 2014
*All workings are based on the unconsolidated financial statements of Trust Bank Limited. Every year's values have been taken from that year's annual report.
No.
1
Interest Income/Profit on Investment
Income from Investments
Income from Treasury bills
Income from Bangladesh Bank bills
Income from Treasury bonds
Income from Reverse REPO
Income from Other Approved Securities
Income from Debentures & Bond
Profit on Investment of TIB*
Profit on Investmement in Islamic Bank Bond
2
Interest/Profit paid on deposits and borrowings etc.
3
Commission, exchange and brokerage
Other operating income
Income from Investments
Dividend Income
4
Total operating expenses
5
Income from Investment
Profit on sale of Securities
Gain from sales of shares
6
Total Interest Income (TII)
Total Interest Expenses (TIE)
Total Non Interest Income (TNII)
Total Non Interest Expenses (TNIE)
Special Income (SI)
Special Expenses (SE)
Provision for loans & advances/Investments
Provision for Diminution in value of Investment
Other provision
Provision for Taxation
7
8
Investments
Loans and Advances/Islami Banking Investments
9
Borrowings from other banks, financial institutions and agents
Deposits and other accounts
Bills Payable
Savings Bank/Mudaraba Savings Deposits
Fixed Deposits/Mudaraba Term Deposits
Bearer Certificates of Deposit
Other Deposits
10
11
Interest income/Profit on Investment
Income from investments
Commission, exchange and brokerage
Other operating income
Total Operating Revenue (TOR)
12
Net Income After Tax (NIAT)
Total Operating Revenue (TOR)
Total Equity (TE)
Total Assets (TA)
Total Revenue Generating Assets (TRAG)
Interest Bearing Liabilities (IBL)
13
14 Profit Attributable to Ordinary Outstanding Shareholders
Weighted Average Number of Ordinary Outstanding Shares
*All workings are based on the unconsolidated financial statements of Trust Bank Limited. Every year's values have been taken from that year's annual report.
2009 2010 2011
4,027,199,131 4,686,638,621 6,271,814,846
23,965,208 - -
- - -
616,650,555 517,523,957 878,799,241
- 54,945 -
- 9,084,660 -
10,151,280 71,909,839 101,236,370
- - -
17,294,160 15,064,530 6,792,500
4,695,260,334 5,300,276,552 7,258,642,957
2009 2010 2011
3,112,822,489 3,213,947,255 5,386,471,372
2009 2010 2011
355,614,342 465,133,566 606,497,350
412,645,488 741,418,369 194,177,684
24,331,156 32,328,818 97,585,927
792,590,986 1,238,880,753 898,260,961
2009 2010 2011
1,109,313,775 1,365,390,204 1,499,890,322
2009 2010 2011
- - 275,522,874
92,639,065 317,841,405 14,514,211
92,639,065 317,841,405 290,037,085
Total Interest Income (TII)
Total Interest Expenses (TIE)
Total Non Interest Income (TNII)
Total Non Interest Expenses (TNIE)
Special Income (SI)
Special Expenses (SE)
2009 2010 2011
212,426,000 53,500,000 182,232,000
-20,692,205 11,134,747 69,557,420
16,046,017 72,662,701 4,589,988
539,668,471 865,588,249 687,990,813
747,448,283 1,002,885,697 944,370,221
2009 2010 2011
54,206,648,607 58,276,332,285 76,215,221,143
2009 2010 2011
8,705,609,007 8,559,939,769 9,654,676,043
32,663,107,783 39,799,923,991 50,801,744,235
41,368,716,790 48,359,863,760 60,456,420,278
2009 2010 2011
153,403,792 463,945,447 2,343,073,502
602,883,159 656,010,698 555,764,433
4,230,046,723 5,336,185,241 5,822,755,118
38,774,898,962 38,739,716,060 51,281,760,689
- - -
- - -
43,761,232,636 45,195,857,446 60,003,353,742
2009 2010 2011
610,905,838 1,274,775,554 616,209,088
2009 2010 2011
4,027,199,131 4,686,638,621 6,271,814,846
785,031,424 963,808,154 1,374,451,123
355,614,342 465,133,566 606,497,350
412,645,488 741,418,369 194,177,684
5,580,490,385 6,856,998,710 8,446,941,003
2009 2010 2011
3,754,866,056 5,025,357,187 5,526,760,548
Net Income After Tax (NIAT)
Total Operating Revenue (TOR)
Total Equity (TE)
Total Assets (TA)
Total Revenue Generating Assets (TRAG)
Interest Bearing Liabilities (IBL)
2009 2010 2011
18,480,052 22,176,062 266,112,740
2009 2010 2011
610,905,838 1,274,775,554 616,209,088
Profit Attributable to Ordinary Outstanding Shareholders
Weighted Average Number of Ordinary Outstanding Shares
2012 2013
8,343,784,809 7,068,518,649
61,660,138 30,489,642
- 6,451,000
686,389,640 1,023,038,476
- 172,603
- -
88,075,329 56,985,708
- 16,860,510
11,027,280 -
9,190,937,196 8,202,516,588
2012 2013
7,053,722,027 6,457,552,417
2012 2013
572,896,012 540,585,223
231,242,009 212,170,614
42,566,453 13,529,958
846,704,474 766,285,795
2012 2013
1,843,409,678 1,342,934,498
2012 2013
- -
16,922,080 5,326,558
16,922,080 5,326,558
Total Interest Income (TII)
Total Interest Expenses (TIE)
Total Non Interest Income (TNII)
Total Non Interest Expenses (TNIE)
Special Income (SI)
Special Expenses (SE)
2012 2013
432,975,000 362,278,000
699,007 14,331,265
29,932,904 77,731,043
511,125,844 498,024,842
974,732,755 952,365,150
2012 2013
95,260,778,173 112,231,217,843
2012 2103
13,622,109,812 16,706,203,270
54,616,060,058 72,078,611,428
68,238,169,870 88,784,814,698
2012 2013
2,834,806,984 2,942,115,132
925,782,935 923,790,264
6,590,789,934 8,303,126,175
64,824,367,795 76,305,121,488
- -
- -
75,175,747,648 88,474,153,059
2012 2013
182,699,290 221,276,876
2012 2013
8,343,784,809 7,068,518,649
906,640,920 1,152,854,455
572,896,012 540,585,223
231,242,009 212,170,614
10,054,563,750 8,974,128,941
2012 2013
6,512,890,952 6,731,425,524
Net Income After Tax (NIAT)
Total Operating Revenue (TOR)
Total Equity (TE)
Total Assets (TA)
Total Revenue Generating Assets (TRAG)
Interest Bearing Liabilities (IBL)
2012 2013
330,931,177 380,541,220
2012 2013
182,699,290 221,276,876
Profit Attributable to Ordinary Outstanding Shareholders
Weighted Average Number of Ordinary Outstanding Shares
*TIB means Trust Bank Islamic Banking. Any profit earned on these operations are in effect a form of interest.
*TIB means Trust Bank Islamic Banking. Any profit earned on these operations are in effect a form of interest.
Workings No.
2009 2010 2011 2012 2013
1,2,7 TII-TIE/TA 0.0292 0.0358 0.0246 0.0224 0.0155
3,4,7 TNII-TNIE/TA -0.0058 -0.0022 -0.0079 -0.0105 -0.0051
5,6,7 SI-SE/TA -0.0121 -0.0118 -0.0086 -0.0101 -0.0084
ROA 1.13% 2.19% 0.81% 0.19% 0.20%
Return on Assets (ROA)
Workings No.
2009 2010 2011 2012 2013
10,11 NIAT/TOR 0.1095 0.1859 0.0730 0.0182 0.0247 *This is known as the Net Profit Margin
11,7 TOR/TA 0.1029 0.1177 0.1108 0.1055 0.0800 *This is known as the Asset Utilization Ratio or Total Asset Turnover
7,12 TA/TE 14.4364 11.5965 13.7902 14.6265 16.6727 *This is known as the Financial Leverage or Equity Multiplier
ROE 16.27% 25.37% 11.15% 2.81% 3.29%
Return on Equity (ROE)
*This is known as the Net Profit Margin
*This is known as the Asset Utilization Ratio or Total Asset Turnover
*This is known as the Financial Leverage or Equity Multiplier
Workings No.
2009 2010 2011 2012
7 TA 54,206,648,607 58,276,332,285 76,215,221,143 95,260,778,173
12 TE 3,754,866,056 5,025,357,187 5,526,760,548 6,512,890,952
EM 14.43637344 11.59645576 13.79021589 14.62649672
#1 ROA ROA 0.0113 0.0219 0.0081 0.0019
ROE 16.27% 25.37% 11.15% 2.81%
Relationship between ROA and ROE
2013
112,231,217,843
6,731,425,524
16.67272667
0.0020
3.29%
Relationship between ROA and ROE
Workings No.
2009 2010 2011 2012
1 TII 4,695,260,334 5,300,276,552 7,258,642,957 9,190,937,196
2 TIE 3,112,822,489 3,213,947,255 5,386,471,372 7,053,722,027
NII 1,582,437,845 2,086,329,297 1,872,171,585 2,137,215,169
Net Interest Income (NII) or Net Interest Margin (NIM)
2013
8,202,516,588
6,457,552,417
1,744,964,171
Net Interest Income (NII) or Net Interest Margin (NIM)
Workings No.
2009 2010 2011
#3 NII NIM 1,582,437,845 2,086,329,297 1,872,171,585
8 TRGA 41,368,716,790 48,359,863,760 60,456,420,278
NIM as a % of TRGA 3.83% 4.31% 3.10%
Net Interest Margin as a % of Total Revenue Generating Assets
2012 2013
2,137,215,169 1,744,964,171
68,238,169,870 88,784,814,698
3.13% 1.97%
Net Interest Margin as a % of Total Revenue Generating Assets
Workings No.
2009 2010 2011
3 TNII 792,590,986 1,238,880,753 898,260,961
4 TNIE 1,109,313,775 1,365,390,204 1,499,890,322
NNIM -316,722,789 -126,509,451 -601,629,361
8 TRGA 41,368,716,790 48,359,863,760 60,456,420,278
NNIM as a % of TRGA -0.77% -0.26% -1.00%
Net Non Interest Margin as a % of Total Revenue Generating Assets
2012 2013
846,704,474 766,285,795
1,843,409,678 1,342,934,498
-996,705,204 -576,648,703
68,238,169,870 88,784,814,698
-1.46% -0.65%
Net Non Interest Margin as a % of Total Revenue Generating Assets
Workings No.
2009
14 Profit Attributable to Ordinary Outstanding Shares 610,905,838
13 Weighted Average Number of Ordinary Outstanding Shares 18,480,052
EPS 33.06
Earning Per Share (EPS)
2010 2011 2012 2013
1,274,775,554 616,209,088 182,699,290 221,276,876
22,176,062 266,112,740 330,931,177 380,541,220
57.48 2.32 0.55 0.58
Earning Per Share (EPS)
Workings No.
2009 2010 2011 2012
1,8 TII/TRGA 0.1134978 0.1096007 0.1200641 0.1346891
2,9 TIE/IBL 0.071131965 0.0711115 0.0897695 0.0938298
ES 0.0424 0.0385 0.0303 0.0409
Earnings Spread (ES)
2013
0.0923865
0.072988
0.0194
Earnings Spread (ES)
2009
Balance with other banks and financial institutions
Over 1 Year but not more than 5 Years 0
Over 5 Years 0
Loans and Advances including Bills Purchased and Discounted
Over 1 Year but not more than 5 Years 9,783,526,909
Over 5 Years 3,139,624,420
Total ISA 12,923,151,329
Borrowings from other banks, financial institutions and agents
Over 1 Year but within 5 Years 74,422,584
Over 5 Years 0
Deposits and Other Accounts
Bills payable 602,883,159
Savings Bank Deposits/Mudaraba Savings Deposits 4,230,046,723
Total ISL 4,907,352,466
Total Bank Size 54,206,648,607
Ratios: 2009
Interest Sensitive Gap 8,015,798,863
Relative Interest Sensitive Gap 0.1479
Interest Sensitivity Ratio 2.6334
Interest Sensitive Assets (ISA)
Interest Sensitive Liabilitites (ISL)
2010 2011 2012 2013
0 0 0 0
0 0 0 0
11,144,025,593 12,543,104,618 15,307,327,147 13,647,893,501
6,818,603,159 6,076,828,476 3,882,210,050 8,636,537,534
17,962,628,752 18,619,933,094 19,189,537,197 22,284,431,035
0 1,727,837,204 6,590,789,934 1,600,000,000
0 501,970,588 0 0
656,010,698 555,764,433 925,782,935 923,790,264
5,336,185,241 5,822,755,118 4,329,758,940 8,303,126,175
5,992,195,939 8,608,327,343 11,846,331,809 10,826,916,439
58,276,332,285 76,215,221,143 95,260,778,173 112,231,217,843
2010 2011 2012 2013
11,970,432,813 10,011,605,751 7,343,205,388 11,457,514,596
0.2054 0.1314 0.0771 0.1021
2.9977 2.1630 1.6199 2.0582
Interest Sensitive Assets (ISA)
Interest Sensitive Liabilitites (ISL)
Investment 2009 2010 2011
On demand 674,560,238 1,008,513,588 1,190,661,222
Upto 1 month 149,730,900 - 2,642,000
Over 1 month but not more than 3 months 192,982,664 - 492,387,575
Over 3 months but not more than 1 year 385,629,678 - -
Upto 1 year 1,402,903,480 1,008,513,588 1,685,690,797
Over 1 year but not more than 5 years 4,387,575,232 6,260,224,075 4,628,989,763
Over 5 years 2,915,130,295 1,291,202,106 3,339,995,483
Total Investments 8,705,609,007 8,559,939,769 9,654,676,043
2009 2010 2011
Less than 1 year 16% 12% 17%
Over 1 year but less than 5 years 50% 73% 48%
Over 5 years 33% 15% 35%
Investment Maturity Strategy Front End Load Front End Load Front End Load
Investment Maturity Strategy
0%
10%
20%
30%
40%
50%
60%
70%
80%
2009 2010 2011 2012 2013
Less than 1 year
Over 1 year but less than 5 years
Over 5 years
Source of Data
2012 2013 Balance Sheet Notes to Investment: Maturity Wise Grouping
3,279,300 3,460,800
2,639,256,136 1,814,254,392
445,611,870 926,438,844
2,912,443,085 7,431,221,060
6,000,590,391 10,175,375,096
540,000,000 1,378,701,841
7,081,519,421 5,152,126,333
13,622,109,812 16,706,203,270
2012 2013
44% 61%
4% 8%
52% 31%
Barbell Front End Load
Investment Maturity Strategy
Over 1 year but less than 5 years
Notes to Investment: Maturity Wise Grouping
Cash Position Indicator 2009 2010
Cash 3,433,828,769 4,641,502,209
Deposits 48,464,639,673 50,413,290,971
Cash and Deposits 51,898,468,442 55,054,793,180
Total Assets 54,206,648,607 58,276,332,285
Cash Position Indicator 0.9574 0.9447
Short Term Securities 1,402,903,480 1,008,513,588
Total Assets 54,206,648,607 58,276,332,285
Liquid Securities Indicator 0.0259 0.0173
Loans and Leases 32,663,107,783 39,799,923,991
Provision for Loans and Leases 212,426,000 53,500,000
Net Loans and Leases 32,450,681,783 39,746,423,991
Total Assets 54,206,648,607 58,276,332,285
Capacity Ratio 0.5986 0.6820
Money Market Assets 2009 2010
Cash In Hand 437,348,059 519,467,958
Balance with Other Banks
On demand 206,812,291 507,149,171
Upto 1 month 2,270,191,145 231,243,573
Over 1 month but not more than 3 months 1,069,480,000 0
Over 3 months but not more than 1 Year 540,000,000 0
Money at Call 3,550,000,000 0
Investments
On demand 674,560,238 1,008,513,588
Upto 1 month 149,730,900 0
Over 1 month but not more than 3 months 192,982,664 0
Over 3 months but not more than 1 Year 385,629,678 0
Loans and Advances
On demand 7,184,931,825 5,099,223,861
Upto 1 month 7,184,931,825 3,606,231,220
Over 1 month but not more than 3 months 3,217,024,353 3,849,091,227
Over 3 months but not more than 1 Year 7,149,219,383 9,282,748,931
Total Money Market Assets 34,212,842,361 24,103,669,529
Money Market Liabilities 2009 2010
Borrowings from Other Banks
On demand 0 463,945,447
Upto 1 month 0 0
Over 1 month but not more than 3 months 5,247,000 0
Over 3 months but not more than 1 Year 40,225,791 0
Deposits and other accounts
On demand 4,529,532,531 7,883,096,592
Upto 1 month 8,164,791,010 7,902,898,456
Over 1 month but not more than 3 months 8,164,791,010 14,688,281,202
Over 3 months but not more than 1 Year 17,937,500,074 16,363,997,894
Total Money Market Liabilities 38,842,087,416 47,302,219,591
Hot Money Ratio 0.881 0.510
Scheme Deposits under Conventional Banking 3,244,506,691 3,742,144,956
Scheme Deposits under Islamic Banking (Mudaraba) 9,038,344 31,269,956
Deposit Under Schemes 3,253,545,035 3,773,414,912
Total Assets 54,206,648,607 58,276,332,285
Core Deposit Ratio 0.0600 0.0648
Conventional Banking Current Account 2,202,202,211 2,698,132,604
Islamic Banking (Al-wadeeah) Current Account 17,303,487 33,016,922
Demand Deposit 2,219,505,698 2,731,149,526
Term Deposit 38,774,898,962 38,739,716,060
Deposit Composition Ratio 0.0572 0.0705
2011 2012 2013 Source of Data
5,699,053,332 8,204,226,900 9,993,680,824 Balance Sheet Cash
65,819,509,706 82,997,326,078 99,152,361,329 Balance Sheet Deposits and Other Accounts
71,518,563,038 91,201,552,978 109,146,042,153
76,215,221,143 95,260,778,173 112,231,217,843 Balance Sheet Total Assets
0.9384 0.9574 0.9725
1,685,690,797 6,000,590,391 10,175,375,096 Balance Sheet Notes to Investment: Maturity Wise Grouping
76,215,221,143 95,260,778,173 112,231,217,843 Balance Sheet Total Assets
0.0221 0.0630 0.0907
50,801,744,235 54,616,060,058 72,078,611,428 Balance Sheet, Loans and Advances/Islami Banking Investments
182,232,000 432,975,000 362,278,000 Profit and Loss, Provision for loans and advances /Investments
50,619,512,235 54,183,085,058 71,716,333,428
76,215,221,143 95,260,778,173 112,231,217,843 Balance Sheet Total Assets
0.6642 0.5688 0.6390
2011 2012 2013
1,087,074,071 2,080,875,831 2,000,585,481 Balance Sheet
Balance Sheet Asset side Notes: Maturity Grouping of Balance with other Banks
1,175,937,367 1,609,360,854 1,803,827,640
122,995,550 256,869,760 2,939,596,223
2,549,000,000 0 570,250,000
0 50,000,000 250,000,000
1,440,000,000 11,750,000,000 2,400,000,000
Balance Sheet Asset side Notes: Maturity Grouping of Investments
1,190,661,222 3,279,300 3,460,800
2,642,000 2,639,256,136 1,814,254,392
492,387,575 445,611,870 926,438,844
0 2,912,443,085 7,431,221,060
Balance Sheet Asset side Notes: Maturity Grouping of Loans and Advances
8,014,358,957 5,251,875,469 7,207,861,143
2,880,738,424 3,757,641,448 4,556,050,183
5,721,026,685 7,530,563,336 4,556,050,183
15,565,687,075 18,886,442,608 27,722,054,388
40,242,508,926 57,174,219,697 64,181,650,337
2011 2012 2013
Balance Sheet Liability side Notes: Maturity grouping of Borrowings with other banks
0 0 0
113,265,710 316,518,662 278,440,255
0 51,828,832 64,370,488
0 529,572,080 999,304,389
Balance Sheet Liability side Notes: Maturity grouping of Deposits and other accounts
9,666,620,744 1,846,971,881 1,846,971,881
12,721,038,498 26,436,900,000 19,035,799,366
19,462,771,646 31,310,943,326 32,453,706,816
3,193,121,246 17,572,752,820 17,488,724,311
45,156,817,844 78,065,487,601 72,167,317,506
0.891 0.732 0.889
5,325,017,412 7,423,494,630 9,259,476,555 Balance Sheet Notes to Deposits: Fixed Deposits/Mudaraba Term Deposits
61,005,829 92,559,143 120,264,895 Balance Sheet Notes to Deposits: Fixed Deposits/Mudaraba Term Deposits
5,386,023,241 7,516,053,773 9,379,741,450
76,215,221,143 95,260,778,173 112,231,217,843 Balance Sheet Total Assets
0.0707 0.0789 0.0836
4,010,903,169 5,759,466,654 8,400,031,900 Balance Sheet Notes to Deposits: Current / Al-wadeeah Current Accounts and other Accounts
31,054,040 40,009,201 88,779,707 Balance Sheet Notes to Deposits: Current / Al-wadeeah Current Accounts and other Accounts
4,041,957,209 5,799,475,855 8,488,811,607
51,281,760,689 64,824,367,795 76,305,121,488 Balance Sheet Fixed Deposits / Mudaraba Term Deposits
0.0788 0.0895 0.1112
Deposits and Other Accounts
Notes to Investment: Maturity Wise Grouping
Loans and Advances/Islami Banking Investments
Provision for loans and advances /Investments
Asset side Notes: Maturity Grouping of Balance with other Banks
Asset side Notes: Maturity Grouping of Investments
Asset side Notes: Maturity Grouping of Loans and Advances
Liability side Notes: Maturity grouping of Borrowings with other banks
Liability side Notes: Maturity grouping of Deposits and other accounts
Notes to Deposits: Fixed Deposits/Mudaraba Term Deposits
Notes to Deposits: Fixed Deposits/Mudaraba Term Deposits
Notes to Deposits: Current / Al-wadeeah Current Accounts and other Accounts
Notes to Deposits: Current / Al-wadeeah Current Accounts and other Accounts
Fixed Deposits / Mudaraba Term Deposits
2009 2010 2011
Par Value 1,848,005,200 2,217,606,200 2,661,127,400
Surplus 182,001,600 - -
Undivided Profit 463,963,772 1,123,067,166 1,034,915,074
Provision for Loan Losses 212,426,000 53,500,000 182,232,000
GAAP Capital Requirement 2,706,396,572 3,394,173,366 3,878,274,474
Par Value 1,848,005,200 2,217,606,200 2,661,127,400
Surplus 182,001,600 - -
Undivided Profit 463,963,772 1,123,067,166 1,034,915,074
Provision for Loan Losses 212,426,000 53,500,000 182,232,000
Equity Reserve - - -
Minority Interest - - -
Subordinated Debenture - - 2,000,000,000
Perpetual Preferred Stock - - -
RAP Capital Requirement 2,706,396,572 3,394,173,366 5,878,274,474
Current Market Price per Share 434.00 753.25 42.90
No of Shares Outstanding 18,480,052 22,176,062 266,112,740
Market Value Capital 8,020,342,568 16,704,118,702 11,416,236,546
2012 2013 Source of Data
3,459,465,640 3,805,412,200 Balance Sheet Paid-up Capital
532,225,500 532,225,500 Balance Sheet Share Premium Account
546,623,857 278,093,829 Balance Sheet Retained Earnings
432,975,000 362,278,000 Profit and Loss Provision for Loans and Advances/Investments
4,971,289,997 4,978,009,529
3,459,465,640 3,805,412,200 Balance Sheet Paid-up capital
532,225,500 532,225,500 Balance Sheet Share premium
546,623,857 278,093,829 Balance Sheet Retained earnings
432,975,000 362,278,000 Profit and Loss Provision for Loans and Advances/Investments
- -
- -
2,000,000,000 2,000,000,000 Balance Sheet Notes to Borrowings from Other Banks, Financial Institutions And Agents
- -
6,971,289,997 6,978,009,529
25.00 20.00 Financial Highlights, DSE Close Price
345,946,564 380,541,220 Financial Highlights, DSE Total number of securities
8,648,664,100 7,610,824,400
Provision for Loans and Advances/Investments
Provision for Loans and Advances/Investments
Notes to Borrowings from Other Banks, Financial Institutions And Agents
2009 2010
Par Value 1,848,005,200 2,217,606,200
Surplus 182,001,600 -
Undivided Profit 463,963,772 1,123,067,166
Minority Interest - -
Cumulative Perpetual Preferred Stock - -
Core Capital 2,493,970,572 3,340,673,366
Total Assets 54,206,648,607 58,276,332,285
Leverage Ratio 0.0460 0.0573
Leverage Ratio
Source of Data
2011 2012 2013
2,661,127,400 3,459,465,640 3,805,412,200 Balance Sheet Paid-up Capital
- 532,225,500 532,225,500 Balance Sheet Share Premium Account
1,034,915,074 546,623,857 278,093,829 Balance Sheet Retained Earnings
- - -
- - -
3,696,042,474 4,538,314,997 4,615,731,529
76,215,221,143 95,260,778,173 112,231,217,843
0.0485 0.0476 0.0411
Leverage Ratio
Paid-up Capital
Share Premium Account
Retained Earnings
2009 2010
Par Value 1,848,005,200 2,217,606,200
Surplus 182,001,600 -
Undivided Profit 463,963,772 1,123,067,166
Minority Interest - -
Cumulative Perpetual Preferred Stock - -
Tier I or Core Capital 2,493,970,572 3,340,673,366
Tier I or Core Capital
Source of Data
2011 2012 2013
2,661,127,400 3,459,465,640 3,805,412,200 Balance Sheet Paid-up Capital
- 532,225,500 532,225,500 Balance Sheet Share Premium Account
1,034,915,074 546,623,857 278,093,829 Balance Sheet Retained Earnings
- - -
- - -
3,696,042,474 4,538,314,997 4,615,731,529
Tier I or Core Capital
Paid-up Capital
Share Premium Account
Retained Earnings
2009
Provision for Loan Losses 212,426,000
Unsecured Subordinated Non-Convertible Bond/ Subordinated Bonds -
Mandatory Convertible Bond/Debenture -
Cumulative Prefered Stock -
Intermediate Term Preferred Stock -
Equity Notes -
Tier II or Supplemental Capital 212,426,000
Tier II or Supplemental Capital
Source of data
2010 2011 2012 2013
53,500,000 182,232,000 432,975,000 362,278,000 Profit and Loss
- 2,000,000,000 2,000,000,000 2,000,000,000 Balance Sheet
- - - -
- - - -
- - - -
- - - -
53,500,000 2,182,232,000 2,432,975,000 2,362,278,000
Tier II or Supplemental Capital
Provision for Loans and Advances/Investments
Notes to Borrowings from Other Banks, Financial Institutions And Agents
2009 2010 2011
Tier I or Core Capital 2,493,970,572 3,340,673,366 3,696,042,474
Total Risk Weighted Assets (TRA) 33,297,681,000 63,209,700,000 71,758,100,000
Tier I or Core Capital to TRA 7% 5% 5%
Tier I or Core Capital to TRA
Source of Data
2012 2013
4,538,314,997 4,615,731,529 Sheet # 17 Tier I or Core Cap
72,166,700,000 88,042,300,000 Balance Sheet Notes to Capital: Capital Adequacy Ratio under SOLO Basis
6% 5%
Tier I or Core Capital to TRA
Notes to Capital: Capital Adequacy Ratio under SOLO Basis
2009 2010 2011
Tier I or Core Capital 2,493,970,572 3,340,673,366 3,696,042,474
Tier II or Supplemental Capital 212,426,000 53,500,000 2,182,232,000
Tier I + Tier II 2,706,396,572 3,394,173,366 5,878,274,474
Total Risk Weighted Assets (TRA) 33,297,681,000 63,209,700,000 71,758,100,000
Tier I + Tier II to TRA 8% 5% 8%
Tier I + Tier II to TRA
Source of Data
2012 2013
4,538,314,997 4,615,731,529 Sheet # 17 Tier I or Core Cap
2,432,975,000 2,362,278,000 Sheet # 18 Tier II or Sup Cap
6,971,289,997 6,978,009,529
72,166,700,000 88,042,300,000 Balance Sheet Notes to Capital: Capital Adequacy Ratio under SOLO Basis
10% 8%
Tier I + Tier II to TRA
Notes to Capital: Capital Adequacy Ratio under SOLO Basis
Workings No.
2009 2010 2011 2012 2013
10,11 Net Profit Margin 0.1095 0.1859 0.0730 0.0182 0.0247
11,7 Asset Utilization 0.1029 0.1177 0.1108 0.1055 0.0800
7,12 Equity Multiplier 14.4364 11.5965 13.7902 14.6265 16.6727
10, Sheet #17 Retention Ratio 0.7595 0.8810 1.6795 2.9919 1.2568
IGCR 12.36% 22.35% 18.73% 8.39% 4.13%
Internal Capital Growth Rate