ratio calculations

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 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





Special Income (SI)


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



Total Equity (TE)

Total Assets (TA)



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


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





Special Income (SI)


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



Total Equity (TE)

Total Assets (TA)



2012 2013

330,931,177 380,541,220

2012 2013

182,699,290 221,276,876

Profit Attributable to Ordinary Outstanding Shareholders


*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


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


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


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


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


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


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


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

ratio calculations

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