|
| |
|
Al- Arafaf Islami Bank |
|
Unaudited Profit & Loss Account
|
|
For the Period Ended June 30 ,2008 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
INCOME &
EXPENDITURE |
|
JUNE.-2008 |
|
JUNE.-2007 |
|
GROWTH |
|
|
|
Taka |
|
Taka |
|
% |
|
|
|
|
|
|
|
|
|
Investment
Income |
|
1,662,607,141 |
|
993,527,975 |
|
67.34% |
|
|
|
|
|
|
|
|
|
Profit
paid on Deposit and Borrowing |
|
(1,008,720,053) |
|
(789,966,577) |
|
27.69% |
|
Net
Investment Income |
|
653,887,088 |
|
203,561,398 |
|
221.22% |
|
|
|
|
|
|
|
|
|
INCOME
FROM COMMISSION,EXCHANGE & OTHERS |
|
|
|
|
|
|
Commission, Exchange and Brokerage |
|
361,686,864 |
|
281,718,309 |
|
28.39% |
|
Income
from Investment in Share /Securities |
|
26,493,001 |
|
- |
|
0.00% |
|
Other
operating Income |
|
46,494,726 |
|
48,992,796 |
|
-5.10% |
|
Total = (a
+ b) |
|
434,674,591 |
|
330,711,105 |
|
31.44% |
|
|
|
|
|
|
|
|
|
Total
operating Income (A) |
|
1,088,561,679 |
|
534,272,503 |
|
103.75% |
|
|
|
|
|
|
|
|
|
Salary and
allowances & Contribution to P.F |
|
209,112,318 |
|
171,839,950 |
|
21.69% |
|
Managing
Director Salary & Allowances |
|
2,400,000 |
|
1,600,000 |
|
50.00% |
|
Directors
and Sharia Council fees & Expenses |
|
2,094,811 |
|
2,852,231 |
|
-26.56% |
|
Rents,
Taxes, Insurance, Lighting etc. |
|
33,464,614 |
|
31,807,762 |
|
5.21% |
|
Postage,
Telegram, Telephone & Stamps etc |
|
9,505,914 |
|
6,139,031 |
|
54.84% |
|
Law
charges |
|
1,031,457 |
|
1,317,948 |
|
-21.74% |
|
Depreciation & Repairs to the Banks Properties |
|
2,641,617 |
|
2,907,821 |
|
-9.15% |
|
Stationery, Printing, Advertisement etc. |
|
7,139,920 |
|
8,385,842 |
|
-14.86% |
|
Other
Expenses |
|
20,714,063 |
|
24,104,615 |
|
-14.07% |
|
Total
operating expenses (B) |
|
288,104,714 |
|
250,955,200 |
|
14.80% |
|
|
|
|
|
|
|
|
|
Profit/(loss) before provision and tax C = (A - B) |
800,456,965 |
|
283,317,303 |
|
182.53% |
|
|
|
|
|
|
|
|
|
Provision
against Investment & Off-balance sheet exposures |
78,627,000 |
|
150,278,053 |
|
-47.68% |
|
Provision
for against decreasing value of Investment |
- |
|
- |
|
- |
|
Other
Provision |
|
- |
|
- |
|
- |
|
|
|
|
|
|
|
|
|
Total
provision ( D ) |
|
78,627,000 |
|
150,278,053 |
|
-47.68% |
|
|
|
|
|
|
|
|
|
Total
Profit/ (Loss) before Taxes E = (C - D) |
|
721,829,965 |
|
133,039,250 |
|
442.57% |
|
|
|
|
|
|
|
|
|
Provision
for Taxation |
|
324,823,484 |
|
59,867,662 |
|
442.57% |
|
Net Profit
after Tax |
|
397,006,481 |
|
73,171,587 |
|
442.57% |
|
Retainned
Earning Brought forward |
|
140,947 |
|
30,592 |
|
360.73% |
|
Profit
available for appropriation |
|
397,147,428 |
|
73,202,179 |
|
442.53% |
|
|
|
|
|
|
|
|
|
Appropriations : |
|
|
|
|
|
|
|
Statutory
Reserve |
|
144,365,993 |
|
26,607,850 |
|
442.57% |
|
|
|
144,365,993
|
|
26,607,850
|
|
442.57% |
|
Retained earning Carried forward |
|
252,781,435 |
|
46,594,329 |
|
442.52% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earning
per Share (EPS) ( Tk. 100) |
|
28.69 |
|
6.35 |
|
352.14% |
|
|
|
|
|
|