12th annual report - sanima bank · roshan chandra gautam deputy chief operating officer sushil raj...

12th Annual Report2015 / 16

Board of Directors

Binaya Kumar ShresthaChairman

Tuk Prasad Poudel Dr. Subarna Das Shrestha

Bharat Kumar Pokheral Mahesh Ghimire Bharat Bahadur Thapa

INVESTMENTS (RS. BILLION) TOTAL ASSETS (RS. BILLION)

As at Mid July

2012 2013 2014 2015 2016

As at Mid July

2012 2013 2014 2015 2016

55.96

40.30

29.3821.98

13.72

10.73

7.74

3.723.85

2.11

DEPOSIT (RS. BILLION)

46.42

34.05

24.87

17.7911.18

As at Mid July

2012 2013 2014 2015 2016

GROSS LOAN AND ADVANCES (RS. BILLION)

As at Mid July

28.59

20.6215.25

9.64

2012 2013 2014 2015 2016

40.90

996.05

624.14

427.60

121.77

305.06

FY

11/12 12/13 13/14 14/15 15/16

OPERATIONS PFOFIT BEFORE PROVISION (RS. MILLION)

1,613.80

1,045.13750.11

516.79242.43

FY

11/12 12/13 13/14 14/15 15/16

SHAREHOLDER’S FUND (RS. BILLION)

As at Mid July

2012 2013 2014 2015 2016

5.35

3.432.83

2.422.13

418.58418 58

NET INTEREST INCOME (RS. MILLION)

FY

11/12 12/13 13/14 14/15 15/16

1,722.30

1,139.39818.72

655.53

NET PROFIT (RS. MILLION)

Financial Highlights

NPL/TL (%)

As at Mid July

2012 2013 2014 2015 2016

0.479

0.027 0.0170.073

0.019

FY

11/12 12/13 13/14 14/15 15/16

5.75

5.50

10.53

15.79

21.05

15.79

14.3217.64

22.03

29.03

ROE (%) DIVIDEND (%)

COMPOSITION OF INCOME

87%

4%

9%

Interest

Forex

Others

CAR (%)

As at Mid July

2012 2013 2014 2015 2016

20.74

14.8712.54

11.0812.36

BRANCHES ATMS

FY

11/12 12/13 13/14 14/15 15/16

22

4 4 4

38 4024

28

40

47

COMPOSITION OF EXPENSE

Interest

Personnel

Others

72%

12%

16%

Financial Highlights

1

Annual Report 2015/16

CONTENTS

S.No. Description Page no.

1 Chairman’s Speech

2 Director’s Report

3 Consolidated Balance Sheet

6 Consolidated Cash Flow Statement

8 Report on the Financial Statements

9 Balance Sheet

12 Cash Flow Statement

4

5

13

14

15

16

17

18

20

21

22

23

24

25 - 81

82

2


Sanima, promoted by prominent and dynamic Non-Resident Nepalese (NRNs) Businessman, commenced its operation in 2004 with the vision to mobilize resources for National Development. Sanima has been able to establish itself as a "A" Class Commercial Bank and has achieved the triumph to establish itself as a Strong & Reliable Commercial Bank in Nepal .In the pursuit of sustainable

better suit the needs of the individual customer. Sanima is committed to exceed customer expectations in all areas of its Business through consistent processes, innovations and improvements. Every day, we’re proud to partner with many businesses, and communities, bringing them our skills and expertise

Sanima has always taken initiative for the wellbeing of the society and has been contributing especially towards the education sector. We assure our commitment to give continuation to such a noble cause..

3


Management TeamBhuvan Kumar DahalChief Executive Officer

Tej Bahadur ChandDeputy Chief Executive Officer

Bobby Singh GadtaulaChief Deposit Officer

Nischal Raj PandeyChief Risk Officer

Pawan Kumar AcharyaChief Project Financing Officer

Saroj GuragainChief Financial Officer

Sujeet DhakalChief Retail Lending Officer

Raju Krishna ShresthaDeputy Chief Operating Officer

Roshan Chandra GautamDeputy Chief Operating Officer

Sushil Raj ShresthaHead Institutional Deposit

Tanka Mani BaralRegional Manager Eastern Region

Sushil Ratna BajracharyaHead Information Technology

Hitler ShresthaHead Corporate Lending

Sudip Kumar HalwaiHead Credit Risk Retail

Bibhor JhaHead Treasury Front Office

Anish PyakurelSenior Credit Risk Manager

Hem Raj SanjyalRegional Manager Western Region

Narayan Prasad KhatiwadaHead SME/Mid-Size Business

Prakash KarkiSRM - Retail Lending

Niraj DhakalHead Internal Audit

Priti SinghHead Deposit Management Retail

Bikram ShresthaHead, e-Banking & ISO

Rama KhadkaManager Credit Risk Business

Ramila ShresthaHead Human Resource

Sabina ShresthaHead Trade Finance

4


As a Chairman, I woud like to assure you that Sanima shall continuouslly attempt to provide better results.

Sanima esults.

Chairman's Message

Respected Shareholders,

directions from the Board of Directors, dedication and

Meeting.

Thank you


“ “

5


DIRECTOR’S REPORT

Respected Shareholders,

A) CURRENT YEAR VS PREVIOUS YEAR

Rs. In Million

DETAILS MID JULY 2016 MID JULY 2015 CHANGE (%)

40,455 28,264 43

Investment 10,734 7,744 38

Deposit 46,423 34,045 36

72.48 53.69 18.79

0.02 0.07 0.05

Details FY 2015/16 FY 2014/15 Change (%)

Net Interest Income 1,723 1,139 51

1,611 1,045 54

1,000 624 60

B) COUNTRY’S MACROECONOMIC SITUATION

6


INFLATION

INTEREST RATE

1.1 percent in the review month.

REFINANCE AND PRODUCTIVE SECTOR LOAN

GOVERNMENT DEBT

CAPITAL MARKET

(Source: Nepal Rastra Bank)

C) FINANCIAL SUMMARYA. BALANCE SHEET OF PREVIOUS FIVE YEAR

Rs. In Million

CAPITAL & LIABILITIES FY 2011/12 FY 2012/13 FY 2013/14 FY 2014/15 FY 2015/16

Share Capital 2,016 2,218 2,550 3,060 4,711

114 206 283 370 646

- - - - 370

Borrowings 88 1,480 898 1,687 3,282

11,179 17,789 24,874 34,045 46,344

- - - - -

Proposed Cash Dividend 111 11 18 27 36

- - - - -

215 272 754 1,111 502

Total Capital & Liabilities 13,722 21,977 29,377 40,301 55,891

7


Assets

Cash Balance 256 313 538 691 683

Balance with NRB 1,005 1,284 2,811 687 2,575

112 89 162 393 155

- 364 - - -

Investments 2,106 3,848 3,716 7,744 10,652

9,532 15,093 20,371 28,264 40,455

479 469 502 615 655

- - - - -

233 516 1,276 1,907 716

Total Assets 13,722 21,977 29,377 40,301 55,891

B. PROFIT/LOSS OF PREVIOUS FIVE YEARSRs. In Million

PARTICULARS FY 2011/12 FY 2012/13 FY 2013/14 FY 2014/15 FY 2015/16

Interest Income 1,172.20 1,678.79 2,018.51 2,548.88 3,263.02

Interest Expenses 753.62 1,023.26 1,199.79 1,409.49 1,540.14

Net Interest Income 418.58 655.53 818.72 1,139.39 1,722.88

11.25 23.67 39.82 53.47 88.55

Other Operating Income 42.95 68.85 85.44 131.30 235.37

- 27.24 146.89 178.75 153.62

Total Operating Income 472.78 775.29 1,090.87 1,502.90 2,200.42

79.99 99.78 134.38 182.32 259.44

Other Overhead Expenses 150.19 158.73 206.38 275.45 329.61

0.18 - - - -

-242.43 516.78 750.11 1,045.13 1,611.38

52.49 57.85 95.21 119.44 134.54

189.93 458.94 654.89 925.69 1,476.84

0.68 2.57 21.57 7.34 70.69

- 19.68 1.53 41.86 16.00

190.61 481.18 677.99 974.90 1,563.53

activities - - -

190.61 481.18 677.68 974.29 1,563.53

17.33 43.74 61.61 88.57 141.61

Provision For Income Tax 51.51 132.38 188.48 261.58 421.49

121.77 305.06 427.60 624.14 1,000.43

8


D) INFRASTRUCTURE

a.

c.

d.

e.

f.

g.

E) HUMAN RESOURCE DEVELOPMENT

F) REMITTANCE

G) INDUSTRIAL AND BUSINESS RELATIONSHIP

H) CORPORATE SOCIAL RESPONSIBILITY

9


a. “Press Council-Sanima Bank Rastriya Patrikarita Puraskar”

c.

d.

e.

f.

g.

h.

i.

k.

l.

m.

n.

I) CORPORATE GOVERNANCE

governance.

J) INTERNAL CONTROL SYSTEM

K) ACHIEVEMENT OF CURRENT FISCAL YEAR & FUTURE PREDICTION

10


L) CHANGES IN BOARD OF DIRECTORS AND ELECTION

M) RIGHT SHARE ISSUANCE

N) ACQUISITION OF BAGMATI DEVELOPMENT BANK BY SANIMA

O) AUDITORS’ APPOINTMENT

Thank you


11


12


13


Consolidated Balance Sheet

CAPITAL & LIABILITIES CURRENT YEAR (RS.) PREVIOUS YEAR (RS.)

1 Share Capital 4,710,596,500 3,060,288,000

2 646,029,286 370,405,691

3 370,000,000 -

4 Borrowings 3,281,939,578 1,687,185,281

5 46,344,181,075 34,045,316,291

6 - -

7 Proposed Cash Dividend 36,240,253 26,844,632

8 - -

9 501,695,713 1,111,157,482

Total Liabilities 55,890,682,404 40,301,197,377

ASSETS CURRENT YEAR (RS.) PREVIOUS YEAR (RS.)

1 Cash Balance 682,823,728 690,663,251

2 Balance with NRB 2,574,787,981 687,276,091

3 154,973,855 393,091,554

4 - -

5 Investments 10,651,936,104 7,744,240,384

6 40,455,086,817 28,264,050,734

7 654,874,507 614,771,604

8 - -

9 716,199,413 1,907,103,759

Total Assets 55,890,682,404 40,301,197,377

Managing PartnerChairman

th nd

Directors

14


PARTICULARS CURRENT YEAR (RS.) PREVIOUS YEAR (RS.)

1. Interest Income 3,263,021,831 2,544,796,651

2. Interest Expense 1,540,143,649 1,405,406,718

Net Interest Income 1,722,878,182 1,139,389,934

3. 88,547,034 53,468,424

4. Other Operating Income 235,374,204 131,295,145

5. 153,623,259 178,746,935

Total Operating Income 2,200,422,679 1,502,900,437

6. 259,435,476 182,320,716

7. Other Operating Expense 329,610,183 275,445,593

8. - -

1,611,377,019 1,045,134,128

9. 134,538,396 119,440,925

1,476,838,623 925,693,203

10. 70,694,129 7,344,065

11. 15,998,975 41,861,232

1,563,531,728 974,898,501

12. -

1,563,531,728 974,289,503

13. 141,609,003 88,571,773

14. Provision For Income Tax 421,494,077 261,576,432

428,092,636 259,345,919

549,362 -

2,230,513

1,000,428,648 624,141,298


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Directors

15



Income

1 1,323,688 28,339,535

2 1,000,428,648 624,141,298

3 - -

4 - 10,563,747

Total (A) 1,001,752,336 663,044,580

1 - -

2 - -

3 199,211,740 124,828,260

4 Contingent Reserve - -

5 - -

6 - -

7 - -

8 Proposed Dividend 36,240,253 26,844,632

9 688,564,800 510,048,000

10 11,922,576 -

11 994,898 -

12 52,857,143 -

13 - -

14 Deferred Tax Reserve 2,591,740 -

15 2,195,000 -

Total (B) 994,578,150 661,720,891

7,174,186 1,323,688


th nd

Directors

16


Consolidated Cash Flow Statement

PARTICULARS CURRENT YEAR RS. PREVIOUS YEAR RS.

(a) 1,011,295,635 812,538,723

1 Cash Receipts 3,487,607,819 2,875,557,696

1.1 Interest Income 3,099,841,259 2,503,453,593

1.2 88,547,034 53,468,424

1.3 Income from Foreign Exchange Transaction 149,643,667 182,265,837

1.4 - -

1.5 Other Incomes 149,575,859 136,369,843

2 Cash Payments 2,476,312,184 2,063,018,973

2.1 Interest Expenses 1,524,679,231 1,402,455,102

2.2 259,353,364 182,320,716

2.3 Other Operating Expenses 252,666,480 202,912,829

2.4 Income Tax Paid 439,613,109 275,330,326

2.5 Other Expenses -

1,294,552,563 174,303,666

1 - -

2 630,447,485

3

4 1,237,924,494

11,736,931,687 9,323,427,085

1 12,298,864,783 9,171,466,933

2 - -

3 221,460,000

4 248,162,556

(b) (3,483,311,117) (3,609,326,667)

1

2

3 115,938,881 30,479,026

4 Dividend Income 1,835,717 1,660,370

5 Others -

(c) 2,815,037,997 885,119,821

1 370,000,000 -

2 1,071,743,700 -

3 - -

4 1,373,294,297 885,119,821

(d) 3,979,591 (3,518,902)

(e) 1,641,554,668 (1,740,883,359)

1,771,030,896 3,511,914,255

(g) 3,412,585,565 1,771,030,896


th nd

Directors

17


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19


20


Balance Sheet

CAPITAL & LIABILITIES SCHEDULE CURRENT YEAR (RS.) PREVIOUS YEAR (RS.)

1 Share Capital 1 4,710,596,500 3,060,288,000

2 2 641,654,766 370,405,691

3 3 370,000,000 -

4 Borrowings 4 3,281,939,578 1,687,185,281

5 5 46,423,306,347 34,045,316,291

6 6 - -

7 Proposed Cash Dividend 36,240,253 26,844,632

8 - -

9 7 500,820,255 1,111,157,482

Total Liabilities 55,964,557,699 40,301,197,377

ASSETS SCHEDULE CURRENT YEAR (RS.) PREVIOUS YEAR (RS.)

1 Cash Balance 8 682,823,728 690,663,251

2 Balance with NRB 9 2,574,787,981 687,276,091

3 10 154,973,855 393,091,554

4 11 - -

5 Investments 12 10,734,792,678 7,744,240,384

6 13 40,455,086,817 28,264,050,734

7 14 646,548,160 614,771,604

8 15 - -

9 16 715,544,479 1,907,103,759

Total Assets 55,964,557,699 40,301,197,377

17

Directors’ Declaration 29

Principal Indicators 31

32

33

34

35


th nd

Directors

21


PARTICULARS SCHEDULES CURRENT YEAR (RS.) PREVIOUS YEAR (RS.)

1. Interest Income 18 3,262,997,662 2,544,796,651

2. Interest Expense 19 1,540,695,579 1,405,406,718

Net Interest Income 1,722,302,083 1,139,389,934

3. 20 88,542,984 53,468,424

4. Other Operating Income 21 235,620,779 131,295,145

5. 22 153,623,259 178,746,935

Total Operating Income 2,200,089,105 1,502,900,437

6. 23 258,811,026 182,320,716

7. Other Operating Expense 24 328,201,980 275,445,593

8. 22 - -

1,613,076,099 1,045,134,128

9. 25 134,538,396 119,440,925

1,478,537,702 925,693,203

10. 26 63,162,356 7,344,065

11. 27 15,998,975 41,861,232

1,557,699,034 974,898,501

12. 28 -

1,557,699,034 974,289,503

13. 141,609,003 88,571,773

14. Provision For Income Tax 420,035,903 261,576,432

426,729,938 259,345,919

549,362 -

2,230,513

996,054,127 624,141,298


th nd

Directors

22


PARTICULARS SCHEDULES CURRENT YEAR (RS.) PREVIOUS YEAR (RS.)

INCOME

1 1,323,688 28,339,535

2 996,054,127 624,141,298

3 - -

4 - 10,563,747

Total (A) 997,377,816 663,044,580

EXPENSES

1 - -

2 - -

3 199,211,740 124,828,260

4 Contingent Reserve - -

5 - -

6 - -

7 - -

8 Proposed Dividend 36,240,253 26,844,632

9 688,564,800 510,048,000

10 11,922,576 -

11 994,898 -

12 52,857,143 -

13 - -

14 Deferred Tax Reserve 2,591,740 -

15 2,195,000 -

Total (B) 994,578,150 661,720,891

2,799,665 1,323,688


th nd

Directors

23


Cash Flow Statement

PARTICULARS CURRENT YEAR RS. PREVIOUS YEAR RS.

(a) 1,014,056,392 812,538,723

1 Cash Receipts 3,487,826,176 2,875,557,696

1.1 Interest Income 3,099,817,090 2,503,453,593

1.2 88,542,984 53,468,424

1.3 Income from Foreign Exchange Transaction 149,643,667 182,265,837

1.4 - -

1.5 Other Incomes 149,822,434 136,369,843

2 Cash Payments 2,473,769,784 2,063,018,973

2.1 Interest Expenses 1,525,231,161 1,402,455,102

2.2 258,811,026 182,320,716

2.3 Other Operating Expenses 251,607,651 202,912,829

2.4 Income Tax Paid 438,119,946 275,330,326

2.5 Other Expenses

1,373,604,433 174,303,666

1 - -

2 630,447,485

3

4 1,238,448,962

11,815,459,090 9,323,427,085

1 12,377,990,056 9,171,466,933

2 - -

3 221,460,000

4 248,162,556

(b) (3,455,123,744) (3,609,326,667)

1

2

3 135,550,533 30,479,026

4 Dividend Income 1,835,717 1,660,370

5 Others

(c) 2,705,037,997 885,119,821

1 370,000,000 -

2 961,743,700 -

3 -

4 1,373,294,297 885,119,821

(d) 3,979,591 (3,518,902)

(e) 1,641,554,668 (1,740,883,359)

1,771,030,896 3,511,914,255

(g) 3,412,585,564 1,771,030,896


th nd

Directors

24


PART

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25


Share Capital and Ownership SCHEDULE 1

PARTICULARS CURRENT YEAR PREVIOUS YEAR

% Amount Amount %

1 National Ownership 100 3,060,288,000 2,550,240,000 100

1.1 - -

1.2 - -

1.3 - -

1.4 - -

1.5 4.92 150,687,730 116,123,859 4.55

1.7 95.08 2,909,600,270 2,434,116,141 95.45

1.6 Others - -

2 Foreign Ownership - - - -

Total 100 3,060,288,000 2,550,240,000 100


1 Share Capital

1.1 Authorized Capital 5,000,000,000 3,100,000,000

5,000,000,000 3,100,000,000

- -

- -

1.2 Issued Capital 4,590,432,000 2,550,240,000

4,590,432,000 2,550,240,000

- -

- -

1.3 Paid up Capital 3,060,288,000 2,550,240,000

3,060,288,000 2,550,240,000

- -

1.4 Proposed Bonus Shares 688,564,800 510,048,000

1.5 961,743,700 -

Total (1.3+1.4+1.5) 4,710,596,500 3,060,288,000

In Rs.

26


SCHEDULE 2

In Rs.


1 564,540,000 365,328,259

2 - -

3 52,857,143 -

4 Capital Adjustment Fund - -

5 - -

5.1 Contingent Reserve - -

5.2 - -

5.3 - -

5.4 - -

5.5 - -

5.6 Deferred Tax Reserve 2,591,740 -

5.7 Other Free Reserves - -

5.8 11,922,576 -

5.9 - -

5.10 2,750,000 555,000

6 2,799,665 1,323,688

7 4,193,641 3,198,743

Total 641,654,766 370,405,691

NAME OF THE SHAREHOLDERS NO OF SHARE % CURRENT YEAR

1 3,868,053 12.64 386,805,300

2 2,491,497 8.14 249,149,700

3 1,912,679 6.25 191,267,900

4 1,755,474 5.74 175,547,400

5 1,537,733 5.02 153,773,300

6 1,432,119 4.68 143,211,900

7 Dr. Birendra Prasad Mahato 1,045,183 3.42 104,518,300

8 1,171,525 3.83 117,152,500

9 871,903 2.85 87,190,300

10 1,074,410 3.51 107,441,000

11 Dilip Shrestha 363,945 1.19 36,394,500

12 Dinesh Mani Shrestha 373,906 1.22 37,390,600

13 171,890 0.56 17,189,000

Total 18,070,317 59.05 1,807,031,700

27


Debentures and Bonds SCHEDULE 3

In Rs.

BorrowingsIn Rs.

SCHEDULE 4


1. 370,000,000 -

- -

- -

2. - -

- -

- -

3. ……………… - -

Total (1+2+3) 370,000,000.00 -

Particulars Current Year

A. Local

1 - -

2 Nepal Rastra Bank 3,060,479,578 1,687,185,281

3 - -

4 221,460,000 -

5 - -

6 Others - -

Total 3,281,939,578 1,687,185,281

B. Foreign - -

1 Banks - -

2 Others - -

Total - -

Total (A+B) 3,281,939,578 1,687,185,281

28


Deposits SCHEDULE 5

In Rs.


1 Non-Interest Bearing Accounts

A. Current Deposits 2,451,183,714 1,863,965,368

1. 2,412,873,309 1,855,462,201

1.1 -

1.2 26,216,765 19,684,337

1.3 207,418,724 28,770,577

1.4 1,910,133,589 1,639,445,983

1.5 269,104,232 167,561,305

1.6 Others -

2. Foreign Currency 38,310,405 8,503,167

2.1 - -

2.2 - -

2.3 2,146 2,032

2.4 38,290,212 8,303,947

2.5 18,047 197,187

2.6 Others - -

B. Margin Deposits 231,390,730 131,140,848

1 - -

2 94,672,119 62,743,539

3 136,718,610 68,397,309

C. Others 5,900,000 6,209,612

1. Local Currency 5,900,000 6,209,612

1.1 - -

1.2 5,900,000 6,209,612

1.3 - -

2. - -

2.1 - -

2.2 - -

2.3 - -

2,688,474,444 2,001,315,828

29


As on July 15, 2016 (Ashadh 31, 2073)

Deposits SCHEDULE 5

In Rs.


2 Interest Bearing Accounts - -

A. 18,952,303,711 12,452,252,247

1. 18,624,034,217 12,323,669,784

1.1 75,664,150 19,504,122

1.2 18,548,370,067 12,304,165,662

1.3 Others - -


2.1 -

2.2 320,533,025 128,582,464

2.3 Others 7,736,469 -

B. 12,650,386,285 11,709,277,171

1. Local Currency 11,845,636,285 10,454,338,693

1.1 7,569,851,290 6,542,770,296

1.2 4,275,784,995 3,911,568,397

1.3 Others - -

2. 804,750,000 1,254,938,478

2.1 804,750,000 1,254,938,478

2.2 - -

2.3 Others - -

C. Call Deposits 12,132,141,908 7,882,471,045

1 Local Currency 11,159,679,127 7,013,401,429

1.1 -

1.2 4,526,029,844 2,089,412,771

1.3 6,323,977,807 4,789,622,853

1.4 309,671,475 134,365,804

1.5 Others - -


2.1 - -

2.2 543,623 512,148

2.3 971,919,158 868,557,468

2.4 -

2.5 Others - -

D. - -

1. - -

2. - -

3. Others - -

43,734,831,904 32,044,000,464

Total Deposits (1+2) 46,423,306,347 34,045,316,291

30


Bills Payable SCHEDULE 6

In Rs.

Other Liabilities

Cash Balance

SCHEDULE 7

SCHEDULE 8

In Rs.

In Rs.


1 - -

2 - -

Total - -


1 - -

2 2,058 -

3 - -

4 141,609,003 88,613,731

5 1,392,399 3,899,472

6 20,324,733 12,617,555

7 31,615,430 27,509,846

8 41,067,367 32,775,598

9 - -

10 - 4,651,656

11 6,199,115 7,145,535

12 Others - -

33,235,340 29,646,435

Provision for expenses 35,263,372 26,044,236

1,300,000 791,000

- 828,166,911

Others 188,811,438 49,295,507

Total 500,820,255 1,111,157,482


1 668,020,285.00 666,881,939

2 14,803,443.21 23,781,312

Total 682,823,728 690,663,251

31


Balance with Nepal Rastra Bank

Balance with Banks/Financial Institutions

Money at Call and Short Notice

SCHEDULE 9

SCHEDULE 10

SCHEDULE 11

In Rs.

In Rs.

In Rs.

PARTICULARS LOCAL CURRENCY

FOREIGN CURRENCY

CURRENT YEAR PREVIOUS YEAR INDIAN

CURRENCY CONVERTIBLE TOTAL

1 Nepal Rastra Bank 2,566,696,006 - 8,091,975 - 2,574,787,981 687,276,091

2,566,696,006 - 8,091,975 8,091,975 2,574,787,981 687,276,091

- - - - - -

PARTICULARS LOCAL CURRENCY

FOREIGN CURRENCY

CURRENT YEAR PREVIOUS YEARINDIAN

CURRENCY CONVERTIBLE TOTAL

1 37,985,343 - 1,278,071 1,278,071 39,263,413 75,021,853

37,985,343 - 1,278,071 1,278,071 39,263,413 75,021,853

- - - - - -

2 Foreign Banks - 76,060,179 39,650,262 115,710,442 115,710,442 318,069,700

- 76,060,179 39,650,262 115,710,442 115,710,442 318,069,700

- - - - - -

Total 37,985,343 76,060,179 40,928,333 116,988,512 154,973,855 393,091,554

Note:


1 - -

2 - -

Total - -

32


SCHEDULE 12

In Rs.

PARTICULARS

PURPOSE

CURRENT YEAR PREVIOUS YEARTRADING OTHER

1 247,522,500 247,522,500 2,376,800,617

2 - - -

3 - 4,758,129,255 4,758,129,255 2,758,159,043

4 Nepal Rastra Bank Bonds - 2,000,000,000 2,000,000,000 -

5 - 527,608,684 527,608,684 501,169,368

6 - 245,066,000 245,066,000 182,880,000

7 Foreign Banks - 2,738,415,335 2,738,415,335 1,887,649,236

8 95,398,304 122,652,600 218,050,904 37,582,120

9 - - - -

10 Other Investments - - - -

Total Investment 95,398,304 10,639,394,374 10,734,792,678 7,744,240,384

Provision - - - -

95,398,304 10,639,394,374 10,734,792,678 7,744,240,384

33


SCHEDULE 12 (KA)

In Rs.

PARTICULARS COST PRICE MARKET PRICE PROVISION CURRENT YEAR PREVIOUS YEAR

1 160,874,723 196,531,304 - 218,050,904 37,582,120

1.1 - - -

2,302,600 - - 2,302,600 2,302,600

1.2 - - - - -

10,000,000 101,133,000 - 10,000,000 10,000,000

1.3

350,000 350,000 350,000

1.4 - - -

- - - - 5,000

1.5

3,139,863 11,627,531 - 11,627,531 4,988,291

1.6

20,600,460 21,597,582 - 21,597,582 19,936,229

1.7

14,481,800 62,173,191 - 62,173,191

1.8

110,000,000 - 110,000,000

2 - -

2.1 Foreign Bonds 527,608,684 507,831,304 527,608,684 501,169,368

688,483,408 704,362,608 - 745,659,588 538,751,488

3 - - - - -

3.1 - -

3.2 - - -

- - -

688,483,408 704,362,608 - 745,659,588 538,751,488

34


Held to Maturity

SCHEDULE 12.1

SCHEDULE 12.2

In Rs.

In Rs.

DESCRIPTION COST PRICELAST MARKET

PRICE (A)

CURRENT MARKET

PRICE (B)

CURRENT YEAR PROFIT/

(LOSS) (B-A)

PREVIOUS YEAR PROFIT/

(LOSS) REMARKS

- - - - -

- - - - -

- - - - -

4. Bonds of Nepal Rastra Bank - - - - -

5. Foreign Bonds - - - - -

3,139,863 4,988,291 11,627,531 6,639,240

- - - - -

35,082,260 19,936,229 83,770,773 63,834,544

- - - - -

- - - - -

11. Other Investment - - - - -

38,222,123 24,924,520 95,398,304 70,473,783 (2,019,345)

DESCRIPTION COST PRICE (A)

CUMULATIVE LOSS UPTO

THIS YEAR (B)

CURRENT YEAR LOSS

(C)

CURRENT YEAR PROFIT/

(LOSS) (A-B-C)

PREVIOUS YEAR PROFIT/

(LOSS) REMARKS

247,522,500 - - - -

- - - - -

4,758,129,255 - - - -

4. Bonds of Nepal Rastra Bank 2,000,000,000 - - - -

5. Foreign Bonds 527,608,684 - - - -

- - - - -

- - - - -

- - - - -

2,738,415,335 - - - -

10. Other Investment 245,066,000 - - - -

10,516,741,774 - - - -

35


SCHEDULE 12.3

In Rs.

DESCRIPTION COST PRICELAST MARKET

PRICE (A)

CURRENT MARKET

PRICE (B)

CURRENT YEAR FUND

ADJUSTMENT AMOUNT

(B-A)

PREVIOUS YEAR

PROFIT/(LOSS) REMARKS

- - - - -

- - - - -

- - - - -

- - - - -

- - - - -

- - - - -

- - - - -

122,652,600 - - - -

- - - - -

10. Other Investment - - - - -

122,652,600 - - - - -

36


SCHE

DULE

13

In R

s.

PART

ICUL

ARS

LOAN

S &

ADVA

NCES

BILL

S PU

RCHA

SED/

DISC

OUNT

ED

CURR

ENT Y

EAR

PRE

VIOU

S YE

AR

DOME

STIC

FORE

IGN

TOTA

LDO

MEST

ICFO

REIG

NTO

TAL

DEPR

IVED

OTHE

RSIN

SURE

D UN

INSU

RED

1 -

1,70

1,616

,259

38,97

6,423

,316

- 4

0,678

,039,5

75

29,0

01,28

0 18

4,193

,041

213

,194,3

21

40,8

91,23

3,896

2

8,567

,307,4

95

1.1

- 1,

701,6

16,25

9 38

,976,4

23,31

6 -

40,6

78,03

9,575

2

9,001

,280

184,1

93,04

1 2

13,19

4,321

4

0,891

,233,8

96

28,5

67,30

7,495

2 -

332,0

48

7,30

6,620

-

7,63

8,667

-

- -

7,63

8,667

2

0,813

,964

2.1

- -

- -

- -

- -

- -

2.2

- 33

2,048

5

,069,9

86

- 5

,402,0

34

- -

- 5

,402,0

34

11,50

5,859

2.3

- 19

,499

- 19

,499

- -

- 19

,499

5,24

5,931

2.4 B

ad -

- 2

,217,1

35

- 2

,217,1

35

- -

- 2

,217,1

35

4,06

2,174

(A)

Tota

l Loa

n -

1,70

1,94

8,30

6 3

8,98

3,72

9,93

6 -

40,

685,

678,

242

29,

001,

280

184

,193

,041

2

13,1

94,3

21

40,

898,

872,

564

28,

588,

121,

460

3 -

17,09

9,175

4

24,55

4,629

-

441

,653,8

03

290

,013

1,84

1,930

2

,131,9

43

443

,785,7

47

324,0

70,72

5

3.1 P

ass

- 17

,016,1

63

421

,060,2

48

- 4

38,07

6,411

2

90,01

3 1,

841,9

30

2,13

1,943

4

40,20

8,354

31

4,509

,121

3.2

- -

- -

- -

- -

- -

3.3

- 8

3,012

1,

267,4

97

- 1,

350,5

08

- -

- 1,

350,5

08

2,87

6,465

3.4

- -

9,74

9 -

9,74

9 -

- -

9,74

9 2

,622,9

66

3.5 B

ad -

- 2

,217,1

35

- 2

,217,1

35

- -

- 2

,217,1

35

4,06

2,174

(B)

- 1

7,099

,175

4

24,5

54,6

29

- 4

41,6

53,8

03

290

,013

1

,841

,930

2

,131

,943

4

43,78

5,74

7 3

24,0

70,72

5

4 -

12,13

5,764

31

0,556

,560

- 32

2,692

,324

297

,850

1,08

0,552

1,

378,4

02

324,0

70,72

5 2

48,95

7,246

4.1 P

ass

- 12

,010,6

07

301,1

20,11

2 -

313,1

30,71

9 2

97,85

0 1,

080,5

52

1,37

8,402

31

4,509

,121

246

,548,7

99

4.2

- -

- -

- -

- -

- -

4.3

- -

2,87

6,465

-

2,87

6,465

-

- -

2,87

6,465

15

3,477

4.4

- 12

5,156

2

,497,8

09

- 2

,622,9

66

- -

- 2

,622,9

66

713,9

76

4.5 B

ad -

- 4

,062,1

74

- 4

,062,1

74

- -

- 4

,062,1

74

1,54

0,994

(C)

- 1

2,13

5,76

4 3

10,5

56,5

60

- 3

22,6

92,3

24

297

,850

1

,080

,552

1

,378

,402

3

24,0

70,72

5 2

48,9

57,2

46

(D)

- -

14,

815,

538

- 1

4,81

5,53

8 7,

837

- 7,

837

14,

823,

375

41,

608,

395

(E)

- 4

,963

,411

1

28,8

13,6

07

- 1

33,77

7,018

-

761,

378

761,

378

134

,538

,396

1

16,72

1,87

5

- 4

,963,4

11

128,8

13,60

7 -

133,7

77,01

8 76

1,378

75

3,541

13

4,530

,559

116,7

21,87

5

Net L

oan

(A-B

) -

1,6

84,8

49,1

32

38,

559,

175,

307

- 4

0,24

4,02

4,43

9 2

8,71

1,26

7 1

82,3

51,1

11

211

,062

,378

4

0,45

5,08

6,81

7 2

8,26

4,05

0,73

4

37


SCHEDULE 13 (KA)

In Rs.


(A) Secured 40,898,872,564 28,588,121,460

1 38,477,176,945 26,545,994,035

2 - -

3 - -

4 - -

5 - -

6 Fixed Deposit Receipts - -

82,456,510 109,487,046

- -

7 13,031,869 -

8 - -

9 1,701,202 2,417,212

10 2,324,506,038 1,930,223,167

(B) Unsecured - -

Total 40,898,872,564 28,588,121,460

38


SCHE

DULE

14

In R

s.

PART

ICUL

ARS

ASSE

TS

CURR

ENT Y

EAR

PREV

IOUS

YEA

RLA

ND &

BUI

LDIN

GVE

HICL

ESMA

CHIN

ERIE

SOF

FICE E

QUIP

MENT

SOT

HERS

1At

Cos

t -

- -

- -

- -

a. 13

9,202

,425

125,8

42,26

1 6

5,115

,770

225

,592,1

21

- 5

55,75

2,577

4

23,89

4,322

162,4

22

24,2

08,57

5 7,

834,4

07

25,4

68,61

4 -

57,6

74,01

9 14

2,564

,335

c. -

- -

d. e. -

- -

Tota

l Cos

t (a+

b+c-

d-e)

139

,364

,847

1

44,2

13,3

51

72,3

60,1

78

248

,339

,650

-

604

,278

,025

5

55,75

2,57

7

2De

prec

iatio

n -

- -

- -

- -

a. 2

2,823

,619

40,2

92,96

3 17

,407,2

15

112,8

54,61

0 -

193,3

78,40

7 14

3,748

,222

5,82

3,678

18

,553,4

41

7,32

1,277

30

,288,9

97

- 6

1,987

,393

55,6

23,45

0

c. -

- -

d. -

Tota

l Dep

recia

tion

28,

647,2

97

54,

652,

109

24,

198,

631

140

,882

,002

-

248

,380

,039

1

93,3

78,4

07

3 1

10,71

7,549

8

9,56

1,24

2 4

8,16

1,54

7 1

07,4

57,6

48

- 3

55,8

97,9

86

362

,374

,170

4La

nd 1

71,6

00,0

00

- -

- -

171

,600

,000

1

71,6

00,0

00

5 -

- -

- 3

5,66

4,64

4 3

5,66

4,64

4 2

85,74

4

6Le

aseh

old

Asse

ts -

- -

- 8

3,38

5,53

0 8

3,38

5,53

0 8

0,51

1,69

0

Tota

l (3+

4+5+

6) 2

82,3

17,5

49

89,

561,

242

48,

161,

547

107

,457

,648

1

19,0

50,1

74

646

,548

,160

6

14,77

1,60

4

39


Non-Banking Assets

Other Assets

SCHEDULE 15

SCHEDULE 16

SCHEDULE 16 (KA)

In Rs.

In Rs.

In Rs.

NAME AND ADDRESS

PARTY

DATE OF ACCEPT NON-BANKING

ASSETS

TOTAL AMOUNT OF NON-BANKING

ASSETS RS.

LOSS PROVISION NET NON-BANKING ASSETS CURRENT

YEAR RS. PREVIOUS YEAR RS.IN PERCANTAGE IN AMOUNT

- - - - - - -

- - - - - - -

Grand Total - - - - - -


1 7,848,412 6,239,033

2 50,137,074 22,507,034

3 87,592,527 - 62,167,185

-

4 - -

5 342,767 564,598

6 249,841,973 142,932,526

7 Prepaid Expenses 24,176,545 23,722,435

8 Cash in Transit - -

9 - -

10 - -

11 2,758,412 3,162,496

12 - -

13 2,591,740 -

14 Others - -

438,119,946 274,901,770

291,891,147 1,251,628,528

Others 74,189,922 441,465,761

Total 715,544,479 1,907,103,759

PARTICULARS

CURRENT YEAR

CURRENT YEAR PREVIOUS YEARUP TO 1 YEAR 1 TO 3 YEARSMORE THAN 3

YEARS

1 87,592,527 - - 87,592,527 62,167,185

2 - - - - -

3 - - - - -

4 - - - - -

40


Contingent Liabilities SCHEDULE 17

In Rs.


1 - -

2 - -

1,032,875,197 625,829,265

264,416,674 129,145,936

3 - -

4 - -

Bid Bonds 438,079,438 135,970,518

Performance Bonds 2,016,299,083 1,809,337,265

- -

5 Unpaid Shares in Investment - -

6 36,973,418 129,742,981

7 66,213,876 87,106,203

8 557,173,282 261,856,456

9 Underwriting Commitments - -

10 6,248,461,770 3,503,819,138

11 - -

12 1,227,900,567 718,595,897

13 - -

14 3,015,131 2,126,284

15 Others 10,599,255 10,036,200

- -

Total 11,902,007,691 7,413,566,143

41


Interest Income SCHEDULE 18

In Rs.


A. 3,077,731,240 2,472,344,223

1 2,348,618,598 1,903,261,447

2 Overdraft 729,112,642 569,082,776

B 185,209,128 72,376,144

1 135,120,005 41,337,084

12,942,392 19,973,334

114,260,332 21,363,750

- -

7,917,281 -

2 21,290,201 5,028,399

3 Nepal Rastra Bank Bond - -

4 - -

5 28,798,922 26,010,661

28,798,922 26,010,661

- -

C On Agency Balances - -

1 - -

2 Foreign Banks - -

D On Money at Call and Short Notice 57,294 76,284

1 57,294 76,284

2 Foreign Banks - -

E On Others - -

1 - -

2 - -

3 Others - -

Total 3,262,997,662 2,544,796,651

42


Commission and Discount

SCHEDULE 19

SCHEDULE 20

In Rs.

In Rs.


A On Deposit Liabilities 1,447,503,321 1,355,210,276

1 555,018,064 622,951,917

551,263,400 605,110,706

3,754,664 17,841,210

2 558,172,505 453,015,185

553,888,821 451,644,046

4,283,684 1,371,139

3 Call Deposits 334,312,752 279,243,174

326,882,997 277,727,779

7,429,755 1,515,395

4 - -

B On Borrowings 93,192,257 50,196,442

1 24,618,465 -

2 61,531,398 47,978,330

3 7,042,395 2,218,112

4 - -

5 - -

C On Others - -

Total 1,540,695,579 1,405,406,718


A Bills Purchase and Discount - -

1 - -

2 Foreign - -

B Commission 70,900,765 42,276,613

1 22,028,756 11,652,905

2 36,438,999 20,638,631

3 Collection Fee 159,962 94,766

4 Remittance Fee 11,008,844 9,881,653

5 Credit Cards - -

6 - 8,657

7 1,264,202 -

8 - -

9 Exchange Income - -

C Others 17,642,220 11,191,811

- -

Total 88,542,984 53,468,424

43


Other Operating Income SCHEDULE 21

SCHEDULE 22

SCHEDULE 23

In Rs.

In Rs.

In Rs.


1 2,671,943 2,066,650

2 - -

3 48,132,315 12,788,056

4 5,831,490 3,052,093

5 Service Charges 141,542,870 90,012,754

6 Renewal Fees 1,730,723 3,017,473

7 Others 35,711,438 20,358,120

Total 235,620,779 131,295,145


3,979,591

149,643,667 182,265,837

Total Income/(Loss) 153,623,259 178,746,935

Particulars Current Year

1 107,320,077 83,923,148

2 111,326,941 77,941,766

3 9,786,235 7,102,531

4 Training Expenses 4,395,400 4,060,981

5 Uniform 158,200 -

6 Medical - -

7 2,002,879 1,649,167

8 9,916,429 7,643,124

9 Others 13,904,865 -

Total 258,811,026 182,320,716

44


SCHEDULE 24

In Rs.


1 34,647,897 28,193,376

2 9,206,564 8,179,339

3 Repair and Maintenance 5,235,208 3,158,909

2,264,486 273,047

1,585,210 1,931,002

Others 1,385,512 954,860

4 16,868,850 12,703,007

5 Postage, Telex, Telephone, Fax 23,122,824 21,774,076

6 8,402,303 6,097,851

7 5,064,578 6,143,274

8 10,161,957 9,080,843

9 Periodicals and Books 295,918 246,323

10 16,768,498 18,048,108

11 81,488 22,183

12 Donations - 1,111,111

13 Expenses Relating to Board of Directors 2,625,641 2,033,706

Meeting Fees 1,921,096 1,316,000

Other Expenses 704,545 717,706

14 98,388 285,245

15 1,300,000 924,428

1,300,000 791,000

Other Expenses - 133,428

16 Commission on Remittances 869,682 1,451,673

17 75,383,283 67,503,756

18 - -

19 3,298,987 -

20 Technical Services Fee - -

21 Entertainment 1,947,109 1,692,895

22 1,211,047 5,029,008

23 27,855,199 23,856,495

24 - -

25

26 Others 83,756,559 57,909,987

26.1 297,670 3,268,491

26.2 14,959,732 16,469,824

26.3 4,490,797 3,484,269

26.4 4,995,556 4,110,888

26.5 21,137,073 17,418,826

26.6 15,017,036 3,245,169

26.7 89,477 2,196,984

26.8 Card related Expenses 15,147,427 1,966,114

26.9 7,621,791 5,749,421

Total 328,201,980 275,445,593

45


SCHEDULE 25

SCHEDULE 26

SCHEDULE 27

In Rs.

In Rs.

In Rs.


1 134,538,396 116,721,875

2 - -

3 - -

4 - 2,719,050

Total 134,538,396 119,440,925


1 - -

2 1,669,128 345,535

3 Dividend 1,835,717 1,660,370

4 - -

- -

- -

- -

5 Others 59,657,511 5,338,160

Total Non-Operating Income (Loss) 63,162,356 7,344,065


1 14,823,375 41,608,395

2 - -

3 - 252,837

4 1,175,600 -

Total 15,998,975 41,861,232

46


SCHEDULE 28 (KA)

In Rs.

TYPES OF LOAN AMOUNT TYPE OF SECURITY

BASIS OF VALUATION OF

COLLATERAL

LOAN APPROVED BY NAME/

DESIGNATIONINITIATION MADE

FOR RECOVERY REMARKS

1 - - - - - -

2 - - - - - -

3 - - - - - -

4 - - - - - -

5 - - - - - -

Total Loan - - - - - -

SCHEDULE 28

In Rs.


1 - -

2 - -

3 -

4 Others -

- (608,998)

47


SCHE

DULE

29

In R

s.

NAME

OF P

ROMO

TER/

DIRE

CTOR

/CH

IEF E

XECU

TIVE

BALA

NCE U

PTO

PREV

IOUS

YEA

RCU

RREN

T YEA

R RE

COVE

RY

CURR

ENT Y

EAR

ADDI

TION

S

BALA

NCE A

S OF

ASH

AD EN

D

PRIN

CIPA

LIN

TERE

STPR

INCI

PAL

INTE

REST

PRIN

CIPA

LIN

TERE

ST

Dire

ctor

s -

- -

- -

- -

- -

- -

- -

-

Prom

oter

s -

- -

- -

- -

1 9

98,68

6 -

86,5

90

- 1,

048,7

26

1,96

0,822

.34

-

2 17

0,000

-

- -

30,00

0 2

00,00

0 -

3 2

08,00

0 -

38,00

0 -

- 17

0,000

-

4Pr

akas

h Bar

al 8

8,500

-

63,5

00

- -

25,0

00

-

5 6

84,50

0 2

,289

595

,500

2,28

9 -

89,0

00

-

6 6

9,700

-

2,70

0 -

- 6

7,000

-

7 16

5,500

-

165,5

00

- -

- -

8 4

20,00

0 -

135,0

00

- -

285

,000

-

9 2

45,00

0 -

37,00

0 -

- 2

08,00

0 -

10 6

50,00

0 -

91,0

00

- -

559

,000

-

11 35

6,500

-

35,70

0 -

- 32

0,800

-

12 19

4,000

-

2,50

0 -

- 19

1,500

-

13 9

72,50

0 -

42,5

00

- -

930

,000

-

14 34

0,000

-

- 10

,000

350,0

00

-

15 5

5,000

-

55,0

00

- -

- -

16Pr

asidh

ha R

oka

300,0

00

- 2

3,000

-

- 2

77,00

0 -

17 6

40,00

0 -

640

,000

- -

- -

18 16

5,000

-

- -

- 16

5,000

-

19De

pesh

Pra

dhan

248

,000

- 2

48,00

0 -

- -

-

20 8

23,00

0 -

823

,000

- -

- -

48


SCHE

DULE

29

In R

s.

NAME

OF P

ROMO

TER/

DIRE

CTOR

/CH

IEF E

XECU

TIVE

BALA

NCE U

PTO

PREV

IOUS

YEA

RCU

RREN

T YEA

R RE

COVE

RY

CURR

ENT Y

EAR

ADDI

TION

S

BALA

NCE A

S OF

ASH

AD EN

D

PRIN

CIPA

LIN

TERE

STPR

INCI

PAL

INTE

REST

PRIN

CIPA

LIN

TERE

ST

21 14

5,000

-

145,0

00

- -

- -

22 2

00,00

0 -

- -

470

,000

670

,000

-

23 8

5,000

-

85,0

00

- -

- -

24 30

,000

- 30

,000

- -

- -

25 1,

490,0

00

- 2

41,00

0 -

- 1,

249,0

00

-

26 6

5,000

-

65,0

00

- -

-

27 79

,500

79,50

0 -

28Ne

ela S

hres

tha

476

,000

476

,000

-

2998

2000

982

,000

-

30 9

99,00

0 9

99,00

0 -

31 15

0,000

15

0,000

-

32 76

5,000

76

5,000

-

33 2

00,00

0 2

00,00

0 -

34 2

50,00

0 2

50,00

0 -

35 17

1,000

17

1,000

-

Shar

ehold

ers

- -

- -

- -

-

Tota

l 9

,808

,886

2

,289

3

,650

,490

2

,289

5

,631

,226

1

1,78

9,62

2 -

49


SCHEDULE 30 (KA)

In Rs.

1.1 CURRENT YEAR PREVIOUS YEAR

a 45,079,836,617 30,651,616,831

1,700,303,885 1,179,750,998

c 824,530,436 575,610,060

47,604,670,938 32,406,977,889

Adjustments Under Pillar II -

8,187,178

304,742,910 330,369,208

952,093,419 972,209,337

48,861,507,266 33,717,743,612

1.2 CAPITAL Current Year

Core Capital (Tier 1) 5,222,365,884 3,416,584,948

a 4,022,031,700 2,550,240,000

- -

c - -

d 688,564,800 510,048,000

e 564,540,000 365,328,259

f Retained Earnings 2,799,665 1,323,688

g - -

h 11,922,576 -

I - -

- -

k 52,857,143

l Deferred Tax Reserve 2,591,740 -

m - -

n - -

o -

p - -

q

r - -

s - -

t

v - -

50


Adjustments Under Pillar II

Supplementary Capital (Tier 2) 817,080,248 317,913,819

a - -

370,000,000 -

c - -

d 440,136,607 314,160,075

e 4,193,641 3,198,743

f 2,750,000 555,000

g - -

h Other Reserves - -

Total Capital Fund (Tier 1 and Tier 2) 6,039,446,132 3,734,498,766

1.3 CAPITAL ADEQUACY RATIOS Current Year

SCHEDULE 30 (KA)

In Rs.

51


SCHE

DULE

30

(KHA

)

In R

s.

A. B

ALAN

CE S

HEET

EXPO

SURE

S

CUR

RENT

YEA

R

PRE

VIOU

S YE

AR

BOO

K VA

LUE

SPE

CIFIC

PRO

VISI

ON

ELIG

IBLE

CRM

N

ET V

ALUE

EX

POSU

RES

A

B

C

D=A

-B-C

E

F=D*

E N

ET V

ALUE

Cash

Bala

nce

682

,823,7

28

- 6

82,82

3,728

-

690

,663,2

51

-

2,57

4,787

,981

- 2

,574,7

87,98

1 -

687

,276,0

91

-

- -

- -

5,00

5,651

,755

- 5

,005,6

51,75

5 -

5,13

4,959

,660

-

38,99

8,913

-

38,99

8,913

-

26,9

13,24

1 -

2,00

0,000

,000

- 2

,000,0

00,00

0 -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

527

,608,6

84

- 5

27,60

8,684

79

1,413

,026

501

,169,3

68

751,7

54,05

2

-

- -

- -

-

- -

- -

- -

- -

- -

-

- -

- -

- -

- -

- -

- -

- -

- -

-

1,21

9,632

,741

- 1,

219,6

32,74

1 2

43,92

6,548

8

42,42

9,526

16

8,485

,905

1,53

8,100

-

1,53

8,100

1,

538,1

00

6,81

5,521

6

,815,5

21

793,0

15,59

7 -

793,0

15,59

7 15

8,603

,119

1,01

7,541

,773

203

,508,3

55

482

,850,0

00

- 4

82,85

0,000

2

41,42

5,000

2

54,00

0,000

12

7,000

,000

- -

- -

- -

- -

- -

- -

1,57

8,260

,179

- 1,

578,2

60,17

9 31

5,652

,036

934

,177,1

62

186,8

35,43

2

Claim

s on D

omes

tic C

orpo

rate

s 19

,609,7

44,64

3 2

,442,3

79

19,60

7,302

,264

19,60

7,302

,264

15,00

9,607

,025

15,00

9,607

,025

52


SCHE

DULE

30

(KHA

)

In R

s.

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

11,49

2,885

,956

512

,027,8

06

10,98

0,858

,149

8,23

5,643

,612

7,66

6,615

,147

5,74

9,961

,360

- -

- -

-

3,24

1,764

,144

- 3,

241,7

64,14

4 1,

945,0

58,48

6 2

,394,8

63,15

4 1,

436,9

17,89

2

- -

- -

- -

5,71

5,639

5

93,69

6 -

5,12

1,943

5

,121,9

43

4,59

6,605

4

,596,6

05

463

,885,1

77

- 4

63,88

5,177

4

63,88

5,177

38

4,623

,586

384,6

23,58

6

42,6

98,40

4 2

,983,6

96

- 39

,714,7

08

59,5

72,06

2 2

6,882

,246

40,3

23,37

0

5,03

7,336

,979

71,74

7 14

,626,0

00

5,02

2,639

,232

7,53

3,958

,848

2,05

3,661

,128

3,08

0,491

,692

- 2

4,924

,520

24,9

24,52

0

2,30

2,600

-

2,30

2,600

3,

453,9

00

2,30

2,600

3,

453,9

00

217

,488,6

30

- 2

17,48

8,630

13

0,493

,178

127,7

58,94

9 76

,655,3

69

34,31

7,064

-

34,31

7,064

-

11,12

8,395

-

Cash

in Tr

ansit

and o

ther

cash

item

s in p

roce

ss of

colle

ction

29,0

01,28

0 -

29,0

01,28

0 5

,800,2

56

42,0

34,83

0 8

,406,9

66

1,52

9,366

,094

426

,729,9

38

- 1,

102,6

36,15

6 1,

102,6

36,15

6 8

97,97

3,190

8

97,97

3,190

56,

605,

939,

593

430

,379

,078

5

29,0

96,1

85

55,

646,

464,

330

40,

839,

749,

016

38,

742,

916,

969

28,

162,

334,

741

Gro

ss B

ook

Valu

e El

igib

le CR

M N

et V

alue

N

et V

alue

- -

- -

Bills

Und

er C

ollec

tion

66,2

13,87

6 6

6,213

,876

- 8

7,106

,202.9

1 -

36,97

3,418

36

,973,4

18

3,69

7,341

.79

129,7

42,98

0.54

12,97

4,298

1,03

2,875

,197

81,5

11,87

8.47

951

,363,3

18

190,2

72,66

3.65

567

,120,4

50.02

11

3,424

,090

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

264

,416,6

74

26,4

14,41

4.94

238

,002,2

59

119,0

01,12

9.60

129,1

45,93

6.37

64,5

72,96

8

53


SCHE

DULE

30

(KHA

)

In R

s.

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

2,44

9,899

,050

600

,230,0

00

84,1

69,41

7.65

1,76

5,499

,633

882

,749,8

16.27

1,

247,9

45,65

4.29

623

,972,8

27

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

Unde

rwrit

ing co

mmitm

ents

- -

- -

- -

- -

- -

- -

- -

- -

- -

1,22

7,900

,567

12,97

2,881

1,

214,9

27,68

6 1,

214,9

27,68

6.37

709,1

35,43

6.61

709,1

35,43

7

- -

- -

-

557

,173,2

82

- 5

57,17

3,282

5

57,17

3,282

.27

261

,856,4

56.23

2

61,85

6,456

- -

- -

- -

6,24

8,461

,770

- 6

,248,4

61,77

0 1,

249,6

92,35

4.02

3,50

3,819

,137.7

0 70

0,763

,828

- -

- -

-

- -

- -

-

13,61

4,386

-

13,61

4,386

13

,614,3

86.18

12

,162,4

84.82

12

,162,4

85

4,47

9,470

4

,479,4

70

8,95

8,940

.94

1,69

7,000

.00

3,39

4,000

TOTA

L 1

1,90

2,00

7,691

6

00,2

30,0

00

205

,068

,592

1

1,09

6,70

9,09

9 4

,240

,087

,601

6

,649

,731,

739

2,5

02,2

56,3

89

68,

507,9

47,2

84

1,0

30,6

09,0

78

734,

164,

777

66,

743,

173,

429

45,

079,

836,

617

45,

392,

648,

708

30,

664,

591,

129

Adju

stm

ents

und

er P

illar

II

54


Eligi

ble C

redi

t Risk

Miti

gant

sSC

HEDU

LE 3

0 (G

A)

In R

s.

CRED

IT EX

POSU

RES

BANK

OT

HER

BANK

S/FI

GOL

D G

OVT.&

NRB

SE

CURI

TIES

G

’TEE O

F GOV

T. OF

NEP

AL

SEC

/G’TE

E OF

OTH

ER

SOVE

REIG

NS

G’TE

E OF

DOME

STIC

BAN

KS

G’TE

E OF M

DBS

SEC

/G’TE

E OF

FORE

IGN

BANK

S TO

TAL

Cash

Bala

nce

- - - - - - - - - - - - - - -

55


Eligi

ble C

redi

t Risk

Miti

gant

sSC

HEDU

LE 3

0 (G

A)

In R

s. -

Claim

s on D

omes

tic C

orpo

rate

s 2

,442,3

79

2,44

2,379

- - - -

66,5

14,13

1 4

45,51

3,675

5

12,02

7,806

- - - - - -

13,50

0,000

1,

126,0

00

14,62

6,000

stock

exch

ange

-

the s

tock

exch

ange

- -

Tota

l 8

2,45

6,51

0 -

446

,639

,675

-

- -

- -

- 5

29,0

96,1

85 -

81,5

11,87

8 8

1,511

,878 - - - -

26,4

14,41

5 2

6,414

,415 -

56


Eligi

ble C

redi

t Risk

Miti

gant

sSC

HEDU

LE 3

0 (G

A)

In R

s. - - -

84,1

69,41

8 8

4,169

,418 - - - - -

Unde

rwrit

ing co

mmitm

ents

- - -

12,97

2,881

12

,972,8

81 - - - - - -

Tota

l 2

05,0

68,5

92

- -

- -

- -

- -

205

,068

,592

Gran

d To

tal

287

,525

,102

-

446

,639

,675

-

- -

- -

- 73

4,16

4,77

7

57


SCHEDULE 30 (GHA)

In Rs.

PARTICULARS ASHADH 31, 2072

(JULY 16, 2015)YEAR 1 (2012/13) YEAR 2 (2013/14) YEAR 3 (2014/15)

Net Interest Income 655,532,497 818,717,766 1,139,389,934

23,667,788 39,824,742 53,468,424

Other Operating Income 68,853,461 85,437,840 131,295,145

27,237,310 146,889,410 178,746,935

371,471 10,360,936 20,814,111

Gross income (a) 775,662,527 1,101,230,694 1,523,714,548 -

15% 15% 15%

116,349,379 165,184,604 228,557,182

170,030,388 117,975,100

10 10

1,700,303,885 1,179,750,998

PILLAR-II ADJUSTMENTS

10 10

1,700,303,885 1,179,750,998

58


SCHEDULE 30 (NGA)

In Rs.

CURRENT YEAR

PREVIOUS YEARS.NO. CURRENCY OPEN POSITION (FCY) OPEN POSITION (NPR) RELEVANT OPEN POSITION

1 INR 1,019,974,619 1,632,724,372 1,632,724,372 1,108,228,940

2 USD 73,887 7,928,036 7,928,036 23,103,262

3 25,988 3,741,601 3,741,601 2,561,454

4 EUR 401,480 10,186,072

5 6,250 18,719 18,719 231

6 340 37,113 37,113 102,563

7 12,672 1,035,445 1,035,445 1,681,040

8 475 39,021 39,021 85,744

9 795 63,318 63,318 22,245

10 384,663 391,202 391,202 1,212,046

11 17,430 240,273 240,273 30,169

12 141,290 -

13 - - - 5,933

14 19,210 537,304 537,304 1,038,272

15 8,535 246,021 246,021 231,340

16 11,105 317,325 317,325 2,205,099

17 18,011 476,571 476,571 215,615.85

18 1,266,000 120,207 120,207 620.90

19 37,669 601,574 601,574 309,474.16

Total Open Position (a) 1,649,060,872 1,151,220,121

5% 5%

82,453,044 57,561,006

10 10

824,530,436 575,610,060

59


Principal Indicators SCHEDULE 31

In Rs.

PARTICULARS INDICATORS FY 2011/12 FY 2012/13 FY 2013/14 FY 2014/15 FY 2015/16

1 Percent 9.92 16.96 18.67 21.46 26.63

2 Earning Per Share Rs. 6.04 15.13 19.28 24.47 32.55

3 Rs. 225.00 260 638 555 750

4 Price Earning Ratio Times 37.25 17.18 33.09 22.68 23.04

5 Percent 5.50 10.53 15.79 21.05 15.79

6 Cash Dividend on Share Capital Percent 5.50 0.53 0.79 1.05 0.79

7 Percent 12.16 11.01 9.79 8.92 7.98

8 Percent 34.50 38.60 39.44 39.83 44.09

9 Percent 6.69 5.31 4.66 3.94 3.10

10 Percent 1.51 6.41 6.14 4.11

11 Percent 21.66 43.84 45.85 48.58 54.72

12 Percent 1.26 2.00 2.07 2.18 2.44

13 Percent 0.89 1.39 1.46 1.55 1.78

14 Percent 86.25 85.72 82.90 83.97 88.10

15 Percent 1.69 1.18 1.16 1.14 1.05

16

Percent 19.82 13.91 11.52 10.13 10.69

Percent 0.93 0.96 1.02 0.97 1.67

Percent 20.74 14.87 12.54 11.08 12.36

17 Percent 30.24 30.96 26.68 22.32 24.24

18 Percent 0.479 0.027 0.017 0.070 0.019

19 Percent 3.38 3.39 4.01 3.83 4.63

20 Rs. 2,129,580,522 2,424,031,128 2,833,397,025 3,430,693,691 3,701,942,766

21 Nos. 20,160,000 20,160,000 22,176,000 25,502,400 30,602,880

22 Nos. 232 231 311 415 470

23 Nos. 22 24 28 38 40

24 Base Rate Percent - 10.04 8.22 7.50 6.07

24 Percent 5.72 12.58 15.09 18.19 22.69

25 Percent 0.88 1.39 1.46 1.55 1.78

26 Times 6.44 9.03 10.30 11.66 14.97

60


1. GENERAL INFORMATION

Sanima

th th

Bank on 26th th th st

th st th

2012 (3rd

2. APPROVAL OF FINANCIAL STATEMENTS BY BOARD OF DIRECTORSth nd Bhadra

3. BASIS OF PREPARATION & USE OF ESTIMATES

4. STATEMENT OF COMPLIANCE

5. SIGNIFICANT ACCOUNTING POLICES

5.1. INTEREST INCOME

5.2. COMMISSION INCOME

5.3. DIVIDEND INCOME

resident companies are recorded at net of withholding tax.

5.4. FOREIGN EXCHANGE TRANSACTIONS

61


5.5. INTEREST EXPENSE

5.6. EMPLOYMENT BENEFITS

A. PROVIDENT FUND:

B. ACCUMULATED LEAVE :

C. GRATUITY:

5.7. TAXATION

A) CURRENT INCOME TAX

B) DEFERRED INCOME TAX

5.8. LOANS AND ADVANCES INCLUDING BILLS PURCHASED

A) CLASSIFICATION

B) LOAN LOSS PROVISION

C)

D)

E) INTEREST RECEIVABLE

F) RECOVERY OF LOAN AND INTEREST

62


G) STAFF LOANS AND ADVANCES

5.9. INVESTMENTS

A. HELD FOR TRADING :

B. HELD TO MATURITY:

C. AVAILABLE FOR SALE:

is considered as Tier 2 Capital.

5.10. PROPERTY, PLANT AND EQUIPMENT & DEPRECIATION

A) FIXED ASSETS

B)

license, whichever is less.

C) DEPRECIATION

NATURE OF ASSET USEFUL LIFE (IN YEARS) DEPRECIATION RATE

50 5

10 25

10 25

7 20

7 25

10 15

Dwhichever is earlier.

63


5.11. STATIONERY STOCK

5.12. BULLION STOCK UNDER CONSIGNMENT

5.13. NON-BANKING ASSETS (NBA)

accordance with the Nepal Rastra Bank Directives.

5.14. OTHER ASSETS

5.15.

5.16. DEPOSITS

5.17. UNEARNED INCOME

5.18. PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS

5.19. OPERATING LEASE COMMITMENT

less.

5.20. ROUNDING OFF AND REGROUPING/RECLASSIFICATION

64


1. EQUITY

1.1. PAID-UP EQUITY CAPITAL

FINANCIAL YEAR PAID UP SHARE CAPITAL (RS.)

REMARKS

224,000,000 Opening Share Capital

224,000,000 ---

320,000,000

384,000,000

805,165,800

806,400,000

2,016,000,000

2,016,000,000 ---

2,217,600,000

2,550,240,000

3,060,288,000

4,710,596,500shares

1.2. GENERAL RESERVE

1.3. DEFERRED TAX RESERVE

Rs.


2,591,740

7,243,396 (4,651,656)

65


1.4. INVESTMENT ADJUSTMENT RESERVE (IAR)

Rs.

PARTICULARS NET INVESTMENT REQUIRED RESERVE MOVEMENT

Opening Balance 555,000

10,000,000 200,000 -

110,000,000 2,200,000 2,200,000

355,000 350,000

2,302,600 - -

Closing Balance 2,195,000

(till 31st

1.5. CAPITAL REDEMPTION RESERVE FUND (DEBENTURE REDEMPTION RESERVE FUND)

st

1.6. SPECIAL RESERVE FUND

1.7. EXCHANGE FLUCTUATION FUND (EFF)

PARTICULARS AMOUNT (RS.)

Opening Balance 3,198,743

994,898

Closing Balance 4,193,641

2. PROPOSED BONUS SHARE AND CASH DIVIDEND

3. UNPAID DIVIDEND

DIVIDEND PAYABLE OF FY CURRENT YEAR (RS.) PREVIOUS YEAR (RS.)

2,552,345 2,982,748

1,926,222 2,269,155

1,720,547 1,893,632

Total 6,199,115 7,145,535

66


4. RECONCILIATION STATUS

Rs.

RECONCILIATION STATUS TOTAL AMOUNT <3 MONTHS >3<9 MONTHS >9<12 MONTHS >12 MONTHS

Branch Reconciliation - - - - -

193,775,389 192,006,989 1,700,009 68,390

5. LOANS AND ADVANCES

5.1. SECTORAL CLASSIFICATION

5.2. MOVEMENT OF LOANSRs ’000

S. N. PARTICULARS CURRENT YEAR PREVIOUS YEAR CHANGE IN VOL-

UMECHANGE

(%)

1 6,572,777 4,445,878 2,126,899 48

2 Overdraft 5,350,165 3,493,900 1,856,265 53

3 1,117,838 1,024,509 93,329 9

4 6,016,947 5,579,799 437,148 8

5 2,916,910 2,192,791 724,119 33

6 3,985,379 1,958,358 2,027,021 104

7 463,985 381,614 82,371 22

8 3,514,841 2,362,102 1,152,739 49

9 1,684,712 1,189,500 495,212 42

10 211,062 136,462 74,600 55

11 8,611,039 5,499,139 3,111,900 57

40,445,655 28,264,052 12,181,603 43

12,181,603

5.3.

PARTICULARS AMOUNT (‘000)

Opening Balance 28,588,121

47,879,343

35,568,589

-

-

Closing Outstanding (Gross) 40,898,875

67


5.4. CONCENTRATION OF LOANS & ADVANCES (FUNDED & NON FUNDED FACILITIES)

PARTICULARS

CURRENT YEAR%

PREVIOUS YEAR %

NRS. NRS.

40,898,873 28,588,121

3,512,303 8.6 3,091,013 10.8

425,380 1.0 420,795 1.5

PARTICULARS

CURRENT YEAR%

PREVIOUS YEAR %

NRS. NRS.

Total Non Funded Liabilities 5,613,557 3,777,878

1,908,331 34.0 2,034,805 53.9

349,525 6.2 796,175 21.1

5.5. DEPRIVED SECTOR LENDING (DSL)

.

6. INVESTMENT

CATEGORY CURRENT YEAR (RS.)

PREVIOUS YEAR (RS.)

95,398,304 24,924,520

10,516,741,774 7,706,658,264

122,652,600 12,657,600

Total 10,734,792,678 7,744,240,384

7. DEPOSIT LIABILITIES

7.1. MOVEMENT OF DEPOSITS

Rs ’000

PARTICULARS

CURRENT YEAR PREVIOUS YEAR

CHANGE IN VOLUME %NRS. NRS.

Non Interest Bearing 2,682,574 2,001,316 687,158 34.3

Saving Deposit 18,952,304 12,452,252 6,500,052 52.2

Call Deposit 12,132,142 7,882,471 4,249,671 53.9

Fixed Deposit 12,656,286 11,709,277 941,109 8.0

Total 46,423,306 34,045,316 12,377,990 36.4

12,377,990 46,423,306

68


7.2. CONCENTRATION OF DEPOSITS

PARTICULARS

CURRENT YEAR

%

PREVIOUS YEAR

%NRS. NRS.

Total deposits 46,423,306 34,045,316

Deposits of Top 10 Parties

906,466 2.0 494,446 1.5

7,996,259 17.2 7,360,762 21.6

8.

Particulars Current year rate (%) (%)

8.45 8.19

3.82 4.36

Net Spread 4.63 3.83

9. STAFF LOANS


12,849,644 4,985,284

217,488,630 127,758,949

14,081,616 8,666,138

Total 244,419,890 141,410,371

10. TAXATION

A) ADVANCE TAX

B) INCOME TAX

69


C) INCOME TAX LIABILITY


1,557,699,034

141,609,003

1,416,090,031

Add:

10,264,313

8,575,084

75,383,586

21,672

166,883

5,000 94,416,539

Less:

5,561,488

1,589,158

Depreciation as per Tax 77,390,751

Dividend Income 1,835,717

1,669,128

Training and Meeting fees 27,200 88,073,442

1,422,433,127

30% 426,729,938

D) DEFERRED TAX ASSETS/ (LIABILITY)

Rs.

PARTICULARS AS PER BOOKS OF ACCOUNTS TAX BASE TEMPORARY

DIFFERENCE

355,897,986 341,245,493 14,652,493

86,143,942 82,032,938 4,111,004

- 4,702,825

-

4,651,656

(7,243,396)

(8,639,133)

2072

year

11. STAFF HOUSING

70


12. GRATUITY

13. STAFF LEAVE

14. PROVISION FOR STAFF BONUS

15. INTEREST REALIZATION AFTER YEAR END

16.

17. EARNINGS PER SHARE, SHARE PRICE AND SHARE TRANSACTION

PARTICULARS BASIC EPS DILUTED EPS

996,054,127 996,054,127

30,602,880 30,602,880

30,602,880 30,602,880

Current Year Earnings Per Share (Rs.) 32.55 32.55

24.47 24.47

18. DETAILS OF NON BANKING ASSETS

19. DETAILS OF LEASEHOLD ASSETS AMORTIZATION In Rs

COST PRICE AMORTIZED UP TO LAST YEAR DURING THE YEAR

AMORTIZED DURING THE YEAR

TOTAL AMOR-TIZED AMOUNT

NET BOOK VALUE

131,365,072 35,420,459 1,184,374 11,374,709 47,979,543 83,385,530

20. FIXED ASSETS USED BY GOVERNMENT IN ROAD EXPANSION

rd th

21. ACQUISITION OF BAGMATI DEVELOPMENT BANK

th

71


22. CLASSIFICATION OF ASSETS AND LIABILITIES BASED ON MATURITY Rs. Millions

PARTICULARS 1-90 DAYS91-180

DAYS181-270

DAYS271-365

DAYSOVER 1

YEARTOTAL

AMOUNT

Assets

1 Cash Balance 683 - - - - 683

2 2,895 - - - - 2,895

3 Investment in Foreign Banks 2,086 429 - 268 - 2,784

4 - - - - - -

5 248 - - - 4,758 5,006

6 Nepal Rastra Bank Bonds - - - - 2,000 2,000

7 200 - - - - 200

8 7,706 4,623 4,918 2,698 20,953 40,899

9 134 - - - - 134

10 Reverse Repo - - - - - -

11 Commitment - - - - - -

12 6,593 1,720 566 744 - 9,623

13 Others - - - - 16,994 16,994

Total Assets (A) 20,544 6,772 5,484 3,711 44,705 81,216

Liabilities

14 585 - - - 2,093 2,678

15 Saving Deposits 3,730 - - - 27,354 31,084

16 Fixed Deposits 3,309 2,525 2,782 3,886 149 12,650

17 - - - - 370 370

18 1,616 1,666 - - - 3,282

(a) - - - - - -

200 - - - - 200

1,395 1,666 - - - 3,060

22 - - - - 22

19 1,119 - - - - 1,119

48 - - - - 48

- - - - - -

22 - - - - 22

709 - - - - 709

341 - - - - 341

20 - - - - - -

21 547 - - - - 547

22 6,046 1,720 566 744 - 9,076

23 Repo - - - - - -

24 - - - - - -

25 Others - - - - 12,950 12,950

Total Liabilities (B) 16,952 5,910 3,348 4,630 42,916 73,757

Net Financial Assets (A-B) 3,592 862 2,136 (920) 1,789 7,459

3,592 4,454 6,590 5,670 7,459 -

72


23. RELATED PARTIES

Rs. ’000

RELATED PARTYNATURE OF

RELATIONSHIPNATURE OF

TRANSACTIONCURRENT

YEARPREVIOUS

YEAR

Common Promoters

Deposits

13 13

1,355 11,232

362 33

2,589 2,529

594 586

3,365 3,549

83,429 -

22,071 22,048

6,433 7,227

7 1,010

0 0

14 13

1494 1,480

43,26 666

284 -

Rental income 2462 2402

Deposits

216 211

- -

2 142

Investment in Shares

10,000 10,000

350 350

- 5

Investment in Shares 110,000 -

Deposit 83,429 -

110,000,000.

73


24. TOTAL OF KEY MANAGEMENT PERSONNEL COMPENSATION (DISCLOSURE AS PER GAAP):Rs.

DETAILS OF KEY MANAGEMENT CHIEF EXECUTIVE OFFICER

OTHER KEY MANAGEMENT PERSONNEL (AM- DCEO) REMARKS

10,962,000 58,108,112

management team of assistant

1,745,333 24,981,317

1. 2. 3. 4.

25. COMPENSATION TO BOARD OF DIRECTORS (BODS)


Meeting Fees 1,921,096 1,316,000

Other Expenses 704,545 717,706

74


E) CAPITAL STRUCTURE AND CAPITAL ADEQUACY


a 4,022,031,700

-

c -

d 688,564,800

e 564,540,000

f Retained Earnings 2,799,665

g -

h 11,922,576

I -

-

k 52,857,143

l Deferred Tax Reserve 2,591,740

m -

n -

o

p -

q

r -

s -

t -

-

v -

Total Tier 1 Capital 5,222,365,884

PARTICULARS AMOUNT (RS)

a

370,000,000

c -

d 440,136,607

e 4,193,641

f 2,750,000

g -

h Other Reserves -

Total Tier 2 Capital 817,080,248

75



5,222,365,884

817,080,248

Total Capital Fund 6,039,446,132

F) RISK EXPOSURES

AMOUNT (RS.)

45,079,836,617

1,700,303,885

824,530,436

47,604,670,938

S.N. CATEGORIES AMOUNT (RS.)

1 791,413,026

2 Claims on Other Financial Entities -

3 Claims on Banks 961,144,804

4 19,607,302,264

5 8,235,643,612

6 1,950,180,429

7 463,885,177

8 59,572,062

9 7,533,958,848

10 1,236,648,794

11 4,240,087,601

Total 45,079,836,617

76


AMOUNT (RS.)

45,079,836,617

1,700,303,885

824,530,436

304,742,910

952,093,419

48,861,507,266

10.69%

12.36%

PARTICULARS GROSS AMOUNT LOAN LOSS PROVISION NET NPA

- - -

5,402,034 1,350,508 4,051,525

19,499 9,749 9,749

2,217,135 2,217,135 -

Total 7,638,667 3,577,393 4,061,275

NPA Ratios:

NPA RATIOS %

0.02

0.01

PARTICULARS CURRENT YEAR PREVIOUS YEAR CHANGE (%)

7,638,667 20,813,964

0.02 0.07

PARTICULARS AMOUNT (RS.)--

Total -

PARTICULARS CURRENT YEAR (RS) PREVIOUS YEAR (RS) CHANGE (%)

443,785,747 324,070,725 37

87,592,527 62,167,185 41

77



Pass 123,239,264

8,772,721

-

1,350,508

9,749

1,166,153

Total 134,538,396


95,398,304

10,516,741,774

122,652,600

10,734,792,678

Eligible Credit Risk Mitigants (CRM) as on 15th July, 2016 (31st Ashadh 2073)


Deposits with Bank 287,525,102

446,639,675

Total 734,164,777

G) RISK MANAGEMENT FUNCTIONS & BASEL DISCLOSURE

RESTRUCTURING OF ORGANIZATION

APPOINTMENT OF CRO

-

-

RISK MANAGEMENT COMMITTEE (RMC)

OPERATIONAL RISK

operating controls.

78


• • • • • Commitment to good corporate governance and •

MARKET RISK

-

COMPLIANCE

ASSETS AND LIABILITY COMMITTEE (ALCO)

price and other risks.

STRESS TESTING

INTERNAL CAPITAL ADEQUACY ASSESSMENT PROCESS (ICAAP)

-

MAKER-CHECKER POLICY

INFORMATION TECHNOLOGY

devices.

INTERNAL AUDIT

I

79


S. N

.NA

ME O

F PRO

MOTE

RS/P

ROMO

TER

GROU

P SH

AREH

OLDE

RS

SHA

RE IN

THE N

AME O

F PRO

MOTE

RS

LOAN

DET

AILS

TOTA

L NUM

BER

OF

SHAR

ES

PER

CENT

AGE T

O TO

TAL

PAID

UP

CAPI

TAL

NAM

E OF L

ENDI

NG B

ANKS

/FIN

ANCI

AL IN

STIT

UTIO

NS

LOAN

AMO

UNT

NUM

BER

OF

SHAR

ES P

LEDG

ED

AS C

OLLA

TERA

L RE

MARK

S

1

1,07

4,410

3.

51

5,54

1,051

5

0,941

2

59,9

64,18

7 2

04,00

0

3 74

,841,7

90

238

,082

4

25,4

38

0.08

2

,556,2

98

21,1

98

5

83,6

15

0.27

78

,765,0

90

60,5

91

6 D

inesh

Man

i Shr

esth

a 2

84,22

8 0

.93

78,76

5,090

2

04,20

1

7 B

irend

ra P

rasa

d Mah

ato

1,04

5,183

3.

42

44,1

87,33

0 4

28,85

2

8 U

pend

ra M

ahat

o 2

6,130

0

.09

21,7

75

9

55,2

99

0.18

2

,691,7

66

46,0

83

10

1,91

2,679

6

.25

200

,000,0

00

580

,658

11

27,6

50

0.09

4

,946,4

34

23,0

41

Tota

l 4

,534

,632

1

4.82

5

52,2

59,0

36

1,8

79,4

22

Their

Pro

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hare

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olla

tera

l In

Othe

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ancia

l Ins

titut

ions

SCHE

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34

80


SCHEDULE 35

Rs.000

S.N. PARTICULARS

AS PER UNUDITED FINANCIAL

STATEMENTS

AS PER AUDITED FINANCIAL

STATEMENTS

VARIANCEREASONS FOR VARIANCE IN AMOUNT IN %

1 Total Capital and Liabilities (1.1 to 1.7) 56,311,045 55,964,558 (346,487) (0.62)

1.1 Paid Up Capital 4,022,032 4,710,597 688,565 -

1.2 1,415,956 641,655

1.3 370,000 370,000 - -

1.4 Borrowings 3,281,940 3,281,940 - -

1.5 Deposits (a+b) 46,423,306 46,423,306 0 0.00

44,279,514 44,279,514

2,143,793 2,143,793 0 0.00

1.6 9,414 - -

1.7 788,398 537,061

2 Total Assets (2.1 to 2.7) 56,311,045 55,964,558 (346,487) (0.62)

2.1 3,578,060 3,412,586

2.2 - - -

2.3 Investments 10,825,931 10,734,793

2.4 40,441,857 40,455,087 13,229 0.03 Reversal of provisions

3,985,379 3,985,379 - -

531,304 531,304 - -

440,916 440,916 - -

63,709 63,709 -

2,949,449 2,949,449 -

2,916,910 2,916,910 -

463,985 463,985 - -

6,572,777 6,572,777 - -

12,484,950 12,484,950 -

f. Others 14,017,857 14,017,857 -

2.5 646,548 646,548

2.6 - - - -

2.7 818,649 715,544

81


3

3.1 Interest Income 3,273,268 3,262,998

3.2 Interest Expense 1,550,960 1,540,696

A. Net Interest Income (3.1-3.2) 1,722,309 1,722,302 6 0.00

3.3 88,543 88,543 - -

3.4 Other Operating Income 234,851 235,621 770 0.33

3.5 153,694 153,623

B. Total Operating Income (A+ 3.3+3.4+3.5) 2,199,396 2,200,089 693 0.03

3.6 258,811 258,811 - -

3.7 Other Operating Expenses 327,746 328,202 456 0.14 Booking additional expenses

-3.6-3.7) 1,612,839 1,613,076 (237) (0.01)

3.8 141,732 134,538 Reversal of provisions

1,471,107 1,478,538 (7,431) (0.51)

3.9 154,295 63,162

3.10 9,964 15,999 6,035 61 Provisions

(D.+3.9+3.10) 1,635,366 1,557,699 77,667 4.75

3.11 - - - -

1,635,366 1,557,699 77,667 4.75

3.12 148,670 141,609

3.13 Provision For Tax 441,146 420,036

1,045,550 996,054 (49,496) (4.73)

SCHEDULE 35

Rs.000

82


Unaudited Financial Results (Quarterly) SCHEDULE A

Rs.000

S.N. PARTICULARS

AS AT

15TH JULY 2016 12TH APRIL 2016 16TH JULY 2015

(AUDITED)

Group Sanima Sanima Sanima

1 Total Capital and Liabilities (1.1 to 1.7) 56,237,204 56,311,045 49,955,541 40,301,197

1.1 Paid Up Capital 4,022,032 4,022,032 3,060,288 3,060,288

1.2 1,419,930 1,415,956 1,040,821 370,406

1.3 370,000 370,000 370,000 -

1.4 Borrowings 3,281,940 3,281,940 1,447,010 1,687,185

1.5 Deposits (a+b) 46,344,181 46,423,306 43,441,963 34,045,316

44,200,388 44,279,514 41,599,597 31,784,223

2,143,793 2,143,793 1,842,366 2,261,094

1.6 9,414 9,414 - -

1.7 789,708 788,398 595,459 1,138,002

2 Total Assets (2.1 to 2.7) 56,237,204 56,311,045 49,955,541 40,301,197

2.1 3,578,060 3,578,060 3,023,135 1,771,031

2.2 - - - -

2.3 Investments 10,743,074 10,825,931 9,126,101 7,744,240

2.4 40,441,857 40,441,857 36,469,545 28,264,051

3,985,379 3,985,379 3,081,651 1,958,358

531,304 531,304 477,312 388,746

440,916 440,916 439,267 561,605

63,709 63,709 64,828 35,346

2,949,449 2,949,449 2,100,244 972,660

2,916,910 2,916,910 2,686,528 2,196,588

463,985 463,985 457,688 381,614

6,572,777 6,572,777 5,513,634 4,445,878

12,484,950 12,484,950 12,746,632 10,099,362

f. Others 14,017,857 14,017,857 11,983,411 9,182,251

2.5 655,355 646,548 609,091 614,772

2.6 - - - -

2.7 818,857 818,649 727,668 1,907,104

3 Upto 4th Quarter This Year Upto 3rd Quarter This Year

Upto 4th Quarter Corresponding

3.1 Interest Income 3,273,293 3,273,268 2,330,920 2,548,884

3.2 Interest Expense 1,550,408 1,550,960 1,122,299 1,409,494

A. Net Interest Income (3.1-3.2) 1,722,885 1,722,309 1,208,621 1,139,390

3.3 88,543 88,543 59,204 53,468

3.4 Other Operating Income 242,140 234,851 157,843 131,295

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3.5 153,694 153,694 117,088 178,747

B. Total Operating Income (A+ 3.3+3.4+3.5) 2,207,262 2,199,396 1,542,756 1,502,900

3.6 259,435 258,811 184,604 182,321

3.7 Other Operating Expenses 329,405 327,746 231,667 275,446

1,618,422 1,612,839 1,126,485 1,045,134

3.8 141,732 141,732 98,664 119,441

1,476,689 1,471,107 1,027,820 925,693

3.9 154,295 154,295 8,733 7,344

3.10 9,964 9,964 16,957 41,861

1,640,948 1,635,366 1,053,510 974,899

3.11 - - -

1,640,948 1,635,366 1,053,510 974,290

3.12 148,670 148,670 95,774 88,572

3.13 Provision For Tax 442,603 441,146 287,321 261,576

1,049,675 1,045,550 670,416 624,141

4 Ratios As at

15th July 2016 12th April 2016 16th July 2015

4.1 12.65 12.42 11.12 11.08

4.2 0.02 0.02 0.12 0.07

4.3 5,982.92 5,982.92 912.70 1,556.99

4.4 3.83 3.83 3.91 5.02

4.5 76.07 76.07 77.66 76.03

4.6 6.07 6.07 5.58 7.50

4.7 4.40 4.40 4.94 3.91

5

5.1 8.45 8.45 8.62 9.02

5.2 34.17 34.17 29.51 24.47

5.3 146.27 146.27 134.01 134.52

5.4 24.24 24.24 24.82 22.32

5.5 Price Earning Ratio 21.95 21.95 27.32 22.68

5.6 1,840.06 1,840.06 1,632.38 1,580.29

5.7 23.36 23.36 22.02 18.19

5.8 1.86 1.86 1.81 1.55

Unaudited Financial Results (Quarterly) SCHEDULE A

Rs.000

C

The Bank held Rs.

The Bank has entered into S

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MOU signing ceremony to establish ‘Press Council-Sanima Bank Rastriya Patrarika Puraskar’

Financial orientation program organized by Suryabinayak branch

Chhuchepati branch organized Zero Waste campaign in partnership with Shechen Eco group

CorporateSocialResponsibility

CEO handing over sponsorship certificate to National Under-19 cricket player Mr.Sandip Lamichhane

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MOU signing ceremony between Sanima Bank and Nepal Certifying Company for use of digital signature & certificate

MOU signing ceremony between Sanima Bank and UK AID to strengthen DSL Loans

INSIDE VALLEY

20394

Chuchchepati Branch

Ekantakuna Branch

Gongabu Branch

Kalanki Branch

Kumaripati Branch

Nayabazar Branch

New Baneshwor Branch

New Road Branch

Satdobato Branch

Suryabinayak Branch

Teku Branch

OUTSIDE VALLEYBanepa Branch

Belbari Branch

Bhairahawa (Siddharthanagar) Branch

Bhandara BranchMain Road, Bhandara-1, Chitwan

Bidur Branch

Biratnagar Branch

Birendranagar Branch

Birgunj Branch

Birtamod Branch

Butwal Branch

Damak Branch

Damauli Branch

Dhadingbesi Branch

Dhangadhi Branch

Dharan Branch

Ghorahi Branch

Hariwan Branch

Hetauda Branch

Inaruwa Branch

Itahari Branch

Janakpur Branch

Kalaiya Branch

Khandbari Branch

Lahan Branch

Lalbandi Branch

Mahendranagar Branch

Manma Branch

Myanglung Branch

Narayangarh Branch

Naubise Branch

Nepalgunj Branch

Pokhara Branch

Timure Branch

Sanima Bank Ltd.Alkapuri, Naxal, KathmanduPost Box: 20394Phone: 977-1-4428977, 4428979, 4428980Fax: 977-1-4428969E-mail: [email protected]

12th annual report - sanima bank · roshan chandra gautam deputy chief operating officer sushil raj...

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