Financial Results

South Malabar Gramin Bank
Head Office :: Malappauram
Balance Sheet as at 31.03.2013
(Rs.000′s Omitted)
Capital & Liabilities
Schedule
As on 31.03.2013
As on 31.03.2012
Capital
1
100000 10000
Share Capital Deposit 64143 64143
Reserves & Surplus
2
2476384 2364564
Deposits
3
41538151 34660193
Borrowings
4
12461425 9756569
Other Liabilities & Provisions
5
1222807 1533636
T O T A L
::
57772910 48389105
Assets
Schedule
As on 31.03.2013
As on 31.03.2012
Cash and Balance with Reserve Bank of India
6
2161245 2022011
Balance with Banks & Money at Call and Short notices
7
5289558 3511163
Investments
8
9042260 8308513
Advances
9
39383027 32513833
Fixed Assets
10
387551 378897
Other Assets
11
1509269 1654688
T O T A L
::
57772910 48389105
Contingent Liabilities
12
117708 4127
Bills for collection 98840 115456
Profit & Loss Account for the Year ended 31.03.2013
(Rs.000′s omitted)
Schedule
As on 31.03.2013
As on 31.03.2012
I. INCOME:-
Interest earned
13
4806988 4415804
Other Income
14
363721 212238
Provision trfd. Back 0 485
T O T A L
::
5170709 4628527
II. EXPENDITURE:-  
Interest expended
15
3577325 3337719
Operating expenses
16
1381551 1141841
Provisions and Contingencies 99354 55676
T O T A L
::
5058230 4535236
III. PROFIT / LOSS:-  
Net Profit for the year before taxation 112479 93291
Less: Prior period adjustments 8081 0
Less: Income Tax for the Year 8740 6192
Net Profit after tax
::
111820 87099
IV. APPROPRIATIONS:-  
Investment Fluctuation Reserve 30000 10000
Transfer to Statutory reserves 81820 77099
T O T A L
::
111820 87099
Earnings per Share PAT/100000 share   1118.20 870.99
M.Sundareswaran
C.G. Sethumadhavan
K.Kishorekumar
SENIOR MANAGER
CHIEFMANAGER
GENERAL MANAGER
     
KV Shaji
CHAIRMAN

AS PER REPORT OF EVEN DATE ATTACHED

For SAJIVE ASSOCIATES

CHARTERED ACCOUNTANTS
CA. K.V.SAJIVE, FCA
PARTNER (M No. 027285)

1. V.REVEENDRAN, Director 2. VENU S MENON, Director
3. DR. M. REDDAIAH, Director 4. D.SOUNDARARAJAN, Director
5. REGI VARGHESE, Director  
   
Malappuram  
17.05.2013