UTTARA BANK LIMITED AND ITS SUBSIDIARY

CONSOLIDATED BALANCESHEET
AS AT 31 DECEMBER 2011
Amount in Taka
Notes

2011

2011

3.00

6,770,218,585
1,550,160,241

6,636,972,108
1,294,274,237

5,220,058,344

5,342,697,871

5,366,014,413
4,976,518,084
389,496,329

429,875,944
33,337,210
396,538,734

PROPERTY AND ASSETS

Cash:
Cash in Hand (including foreign currencies)
Balance with Bangladesh Bank and its
agent Bank(s) (including foreign currencies)
Balance with other Banks and
financial institutions :
In Bangladesh
Outside Bangladesh

4.00

Money at call and short notice

5.00

Investments:
Government
Others

6.00

22,894,749,808
22,735,889,054
158,860,754

18,591,127,858
18,429,298,854
161,829,004

Loans and Advances:

Loans, cash credits, over drafts etc.
Bills purchased and discounted

7.00

54,010,287,476
49,384,251,667
4,626,035,809

48,672,687,127
44,372,359,512
4,300,327,615

8.00
9.a
9.b

2,762,228,892
5,421,655,838
93,580,592
97,318,735,604

2,798,141,777
4,128,831,180
94,202,809
81,351,838,803

10.00

7,229,331,894

206,875,583

11.a

72,045,791,328
24,704,157,771
1,842,478,227
24,033,793,494
19,862,495,652

65,768,030,947
23,125,023,246
1,692,242,882
23,794,594,646
15,030,072,230

Fixed assets including land, building

furniture and fixtures
Other Assets
Non Banking Assets

LIABILITIES AND CAPITAL

Liabilities:
Borrowings from other Banks,
Financial Institutions and Agents
Deposits and other accounts:
Current and other accounts etc.
Bills payable
Saving bank deposits
Fixed deposits

Other deposits
Other liabilities
Total Liabilities

12.a

Capital/Share Holders' Equity

Paid up capital
13.02
Statutory reserve
14.00
Other reserves
15.00
Surplus in profit and loss account
16.a
Total equity attributable to equity holders of the company
Non Controlling interest
Total Liabilities and Share Holders' Equity

1,602,866,184

2,126,097,943

8,404,965,790
87,680,089,012

6,766,086,457
72,740,992,987

2,875,173,120
2,980,837,039
2,735,908,947
1,046,721,209
9,638,640,315
6,277
97,318,735,604

2,395,977,600
2,370,837,039
2,853,862,188
990,162,989
8,610,839,816
6,000
81,351,838,803

Amount in Taka
Notes
31-Dec-11

31-Dec-10

17.00

9,860,040,453

9,377,588,319

17.01
17.02
17.03
17.04

1,806,640,538
5,451,357,766
2,602,042,149

OFF BALANCE SHEET ITEMS

Contingent Liabilities
Acceptances & endorsements
Letter of guarantees
Irrevocable letter of credit
Bills for collection
Other contingent liabilities

Other Commitments
Documentary credits and short term
trade related transactions
Forward assets purchased and forward
deposits placed
Undrawn note issuance and revolving
underwriting facilities
Undrawn formal standby facilities,
credit lines and other commitments
Liabilities against forward purchase & sale
Litigation filed by the Bank
Total Other Commitments
Total Off- Balance Sheet Items

1,759,129,983
5,279,474,336
2,338,984,000

Including Contingent Liabilities

9,860,040,453

9,377,588,319

Accompanying notes 1 to 41 form an integral part of these financial statements.

UTTARA BANK LIMITED AND ITS SUBSIDIARY

CONSOLIDATED PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2011
Amount in Taka
Note
s

2011

2010

OPERATING INCOME
Interest Income
Interest paid on deposits, borrowings etc.
Net Interest Income
Income from Investment
Commission, Exchange and Brokerage
Other Operating Income
Total operating income

18.1
19.a

6,604,198,304
4,138,754,861
2,465,443,443
2,204,265,402
987,134,228
871,586,875
6,528,429,948

4,841,862,389
2,959,915,391
1,881,946,998
2,206,593,581
939,090,516
780,671,115
5,808,302,210

2,200,353,628
246,142,347
10,571,793
40,064,254
79,178,405
10,627,301
2,670,000
500,000
86,643,022
157,564,629
536,399,080
3,370,714,459

1,593,059,377
194,414,151
10,115,024
37,249,289
69,706,067
10,614,666
2,392,000
300,000
150,533,394
673,037,516
2,741,421,484

Profit before provision

3,157,715,489

3,066,880,726

Provision
Provision for loans & advances & off balance sheet exposure 33
Provision for Others
34
Transfer to benevolent fund
Profit before tax

150,000,000
150,000,000
3,007,715,489

265,000,000
240,000,000
20,000,000
5,000,000
2,801,880,726

20
21
22.a

OPERATING EXPENSES
Salary and allowances.
Rent, taxes,insurance,electricity etc.
Legal expenses
Postage,stamp,telecommunication etc.
Stationery,printing,advertisements etc.
Managing Director's salary & allowances and fees
Directors' fees
Auditors' fees
Charges on Loan losses account
Repair, maintenance and depreciation of Bank's property
Other expenses
Total operating expenses

23
24
25
26
27
28
29
30
31
32.a

Provision for Taxation

Current tax
Deferred tax

1,352,765,952
1,317,621,521
35,144,431

1,250,000,000
1,239,639,400
10,360,600

Profit after taxation

Non Controlling Interest
Profit after taxation-without Non Controlling Interest
Retained earning brought forward
Profit available for appropriation

1,654,949,537
(277)
1,654,949,260
1,771,949
1,656,721,209

1,551,880,726
1,551,880,726
8,282,263
1,560,162,989

16.1

Appropriation
Statutory reserve
General reserve
Retained surplus
Earning per share (EPS)

16.a
39.a

610,000,000
610,000,000
-

570,000,000
570,000,000
-

1,046,721,209
5.76

990,162,989
5.40

Accompanying notes 1 to 41 form an integral part of these financial statements.

UTTARA BANK LIMITED

Highlights on the overall activities of the Bank for the year ended 2011 and 2010
SL No Particulars

Amount in Taka
2011

2010

Change
in %

Paid-up-Capital

2,875,173,120

2,395,977,600

20.00

Total Capital (Tier -I+II)

9,117,416,771

7,912,714,775

15.22

Capital surplus/(Deficit)

2,251,816,771

1,625,314,775

38.55

Total Assets

97,417,927,797

81,451,822,803

19.60

Total Deposits

72,152,375,394

65,868,030,947

9.54

Total Loans & Advances

54,010,287,476

48,672,687,127

10.97

Total Contingent Liabilities

9,860,040,453

9,377,588,319

5.14

Advance/ Deposit Ratio

0.75:1

0.74:1

12.12

Percentage of Classified Loans against total Loans &

Advances

5.22%

5.50%

(5.09)

10

Profit after tax & provision

11

Amount of classified loan during current year

12

Provision kept against classified loans

13

Provision surplus /(deficit)

14

Cost of Fund (%)

15

Interest earning Assets

1,650,339,616

1,551,880,726

6.34

814,914,000

925,300,000

(11.93)

1,091,983,437

951,983,437

14.71

29,533,837

28,072,927

5.20

6.32%
79,811,603,347

4.74%
65,036,584,230

33.33
22.72

16

Non-interest earning Assets

17

Return on Investment (ROI) %

9.63%

11.87%

(18.87)

18

Return on Assets (ROA)%

1.69%

1.91%

(11.52)

19

Income from Investment

2,204,265,402

20.a Earning Per Share (EPS)

5.74

20.b Consolidated Earning Per Share (EPS)

17,606,324,450

16,415,238,573

2,206,593,581

7.26

(0.11)

5.40

6.34

5.76

5.40

6.64

22

Market value per share

77.80

166.07

(53.15)

23

Price Earning Ratio (Time)

13.55

30.75

(55.93)

24

Net Assets value per share

33.51

29.95

11.89