Karnataka State Co-operative Apex Bank Limited

No. 1, Pampa Mahakavi Road, Chamarajpet, Bangalore - 560 018

A.O. Section

Balance Sheet As On 31st March, 2008

Date: 13-01-2009
Sl

Capital and Liabilities

Amount

Amount

Amount

1 Capital

Sl
1

A. Authorised share capital

5000000 shares of 100/- each

50,00,00,000.00

B. Subscribed share capital

6189999 shares of 100/- each

61,89,99,900.00

C. Paid-up share capital

Co-operative institutions
Other than co-op institutions
State Government

58,62,30,800.00
7,04,38,100.00
-

65,66,68,900.00

2 Reserve Fund and other reserves

Statutory Reserves

167,43,58,401.98

167,43,58,401.98

Agricultural Credit Stabilisation Fund

Bank
Grants & Subsidy
Agricultural Credit Guarantee Relief Fund

2
28,81,90,722.29
7,73,06,000.00

36,54,96,722.29

1,80,13,862.26

1,80,13,862.26

Other Funds and Reserves

Building Fund
Dividend Equalisation Fund

15,83,03,222.54
1,40,30,387.91

Bad and Doubtful Debts Reserve

41,86,00,635.04

Investment Depreciation Reserve

44,13,32,677.82

Common Good Fund

PACS/DCCB Development Fund
Special Assistance Fund
Farmers Welfare Fund
Cadre Fund

2,58,69,352.30
10,06,51,179.53
2,84,09,261.33
97,76,140.57
11,16,437.00

Contingent Reserves

5,40,51,784.00

Pension Scheme Fund

2,00,00,000.00

Co-operative Development Fund

1,77,98,683.23

Scheme for Rectification of Imbalance

3,57,86,000.00

Deposit Insurance Scheme - PACS

Death Relief Fund

28,30,000.00
2,75,00,000.00

Rural Farmers' Socio-Economic Development

Fund
Vehicles Fund

1,95,06,840.70
50,00,000.00

138,05,62,601.97

3 Deposits and Other Accounts

Fixed Deposits
Individuals

227,43,47,221.77

Co-operative Societies

243,53,14,432.21

Urban Banks
Central Co-operative Banks

391,85,69,054.14
1180,53,00,173.67 2043,35,30,881.79

Savings Bank Deposits

Individuals
Co-operative Societies
Urban Banks

161,48,12,350.83
29,26,56,904.01
77,06,129.79

Current Deposits
Individuals

20,68,11,765.80

Co-operative Societies

24,12,30,900.89

Urban Banks

67,19,62,612.91

191,51,75,384.63

343,84,31,588.50

Central Co-operative Banks

State Co-operative Banks

453,64,93,077.13
95,93,340.83

566,60,91,697.56

Reserve Fund Deposits

Co-operative Societies

41,22,74,020.21

Urban Banks

103,34,08,581.11

Central Co-operative Banks

101,15,96,312.96

245,72,78,914.28

Diamond Jubilee Jeevan Jyothi Deposits

Individuals
Co-operative Societies
Urban Banks

59,28,64,861.78
9,18,13,455.54
56,30,694.67

69,03,09,011.99

Other Deposits
Cumulative Deposits
Staff Security Deposits
NHB Deposit (Home Loan A/c)
Pension Plan Scheme Deposits
Other Deposit Schemes
Credit Balance in CCR A/cs

2,76,46,256.35
84,550.00
1,79,214.59
49,494.08
1,09,517.16
32,11,250.88

3,12,80,283.06 3119,36,66,173.31

4 Borrowings
NABARD
ST-SAO-OC
ST-SAO-OPP

983,17,79,000.00

ST-SAO-NPDP

37,39,42,000.00

MT-Schematic

223,54,92,400.00

MT-NFS

66,36,99,000.00

29,25,66,500.00 1339,74,78,900.00

State Co-operative Banks

Balance with SCBs

39,58,766.35

39,58,766.35

2,00,00,000.00

2,00,00,000.00

71,84,693.00

71,84,693.00

3,68,200.00

3,68,200.00

Central Co-operative Banks

CCR X (Food Credit)
State Government
ACS Fund - Government Loan
NCDC III Project
Storage
Others
MT-Non Agr (NCDC)
CCR IX (NCDC)

5,77,200.00
4,76,64,747.00

9
4,82,41,947.00 1347,72,32,506.35

5 Bills Sent for Collection (Contra)

LBC

2,14,547.16

OBC

50,08,221.66

52,22,768.82

48,17,10,528.00

48,17,10,528.00

7 ACSTI Depreciation (Contra)

37,65,209.70

37,65,209.70

8 Interest Payable

68,84,820.98

68,84,820.98

3,87,27,090.11

3,87,27,090.11

6 Interest Reserve (Contra)

9 Branch Adjustments
10 Other Liabilities
SLPO

4,10,72,108.23

Suspense Liabilities

49,80,43,311.14

Clearing Tendered

1,24,20,477.35

Demand Draft Payable

11,51,457.23

Staff Provident Fund

61,26,160.93

Staff DLI
Staff Gratuity Fund

1,04,978.73
2,12,69,318.62

Staff Bonus & Exgratia

1,45,03,476.02

NCDC III Project Liabilities

5,44,59,091.38

ACSTI Accounts

39,79,569.72

Provision for NPAs

73,69,01,400.00

Contingent Provision Against Standard Assets

10,50,00,000.00

Service Tax

12,325.00

Banking Cash Transaction Tax

Study Tour

61,000.00
35,06,690.00

Incentives

66,68,735.00

Income Tax Provision

9,00,00,000.00

159,52,80,099.35

10,02,41,986.67

10,02,41,986.67
5099,78,31,671.79

11 Net Profit
2007-2008
Total

Co-operative Apex Bank Limited

akavi Road, Chamarajpet, Bangalore - 560 018

A.O. Section

Sheet As On 31st March, 2008

Property and Assets

Amount

Amount

Amount

Cash On Hand & Bank Balances

Cash On Hand
Reserve Bank of India
State Bank of India
State Bank of Mysore
SB Account with GPO
HDFC Bank
CBLO A/c With CCIL
Bank of Maharastra
ING Vysya Bank Ltd.,
Centuiran Bank of Punjab
Money at Call and Short Notice

11,68,93,123.25
640,12,85,359.23
1,69,288.20
20,71,614.28
216.90
1,56,27,574.55
10,000.00
1,00,000.00
25,09,789.30
2,52,60,616.00

656,39,27,581.71

628,50,00,000.00

628,50,00,000.00

Investments
In Central Government Securities
Book Value

457,16,47,500.00 457,16,47,500.00

Face Value

340,00,00,000.00

In State Government Securities

Book Value

193,87,60,000.00 193,87,60,000.00

Face Value

183,84,30,000.00

Other Trustee Securities

Book Value

32,69,27,500.00

Face Value

39,55,00,000.00

32,69,27,500.00

Shares in Co-operative Institutions

Book Value

15,10,61,000.00

Face Value

15,10,61,000.00

15,10,61,000.00

Other Investments
Book Value

212,55,67,000.00 212,55,67,000.00

Face Value

218,35,05,000.00

Advances
ST Loans
SAO-OC

1677,08,42,781.00

SAO-OPP

87,09,36,000.00

SAO-NPDP

83,29,77,000.00

Weavers
Instalment Loan
Vehicle Loan
Jewel Loan
Consumer Durable Loan
Apex Card Scheme
Staff Advance

28,64,000.40
25,20,78,735.18
6,13,80,236.00
27,10,98,236.47
1,07,879.00
4,42,145.20
2,09,46,234.91 1908,36,73,248.16

Cash Credit A/c

CCR I

18,04,711.00

CCR II

1,62,00,032.51

CCR IV

1,97,46,991.55

CCR VIII

2,71,42,226.04

CCR IX

111,49,17,169.00

CCR X

250,00,85,380.00 367,98,96,510.10

911,39,63,000.00

Overdrafts
Individuals
Co-operative Societies
Urban Banks
Debit Balances in SB/CA

30,33,381.01
6,67,156.42
15,49,26,954.27
4,41,880.98

15,90,69,372.68

MT Loans
Schematic

242,65,25,600.00

Non Agr

85,54,24,348.49

NFS

32,42,35,672.00

Advance Against Deposits

Advance Against Pledge of NSC / IVP

5,80,64,192.14
2,32,091.00 366,44,81,903.63

LT Loans
Housing Loan - Staff
Housing Loan - Public

7,85,86,945.50
132,72,40,649.54 140,58,27,595.04

NCDC III Project

MCSM Ltd.
MCOM Ltd.

1,77,29,336.00
88,79,036.00

SVCTM Ltd.

1,43,33,156.00

RSNG Ltd.

1,45,14,000.00

5,54,55,528.00 2804,84,04,157.61

Bills Receivable (Contra)

LBC

2,14,547.16

OBC

50,08,221.66

52,22,768.82

Interest Receivable (Contra)

48,17,10,528.00

48,17,10,528.00

ACSTI Depreciation (Contra)

37,65,209.70

37,65,209.70

Fixed Assets
Premises
Furniture & Fixtures

21,69,07,730.74
1,84,76,326.04

Computers

14,56,769.25

Vehicles

81,35,933.33

24,49,76,759.36

Other Assets
Sundry Assets

12,57,701.04

Suspense Assets

5,69,57,310.53

Income Tax Receivable

7,80,27,144.32

Clearing Returns

87,99,007.59

NCDC III Project Assets

12,39,207.47

ACSTI A/c
Regional PF Commr - RPF

4,11,377.92
69,07,005.04

Regional PF Commr - DLI

1,31,209.48

Interest Receivable - GTS

69,44,703.20

Advance Income Tax (2006-07)

9,01,87,000.00

25,08,61,666.59

Total

5099,78,31,671.79