Profit & Loss account of IDBI Bank ------------------- in Rs. Cr.

-------------------

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Income
Interest Earned 5,380.72 6,345.42 8,020.84 11,631.63 15,272.63
Other Income 1,280.45 1,046.74 1,751.26 1,475.72 2,341.96
Total Income 6,661.17 7,392.16 9,772.10 13,107.35 17,614.59
Expenditure
Interest expended 5,000.82 5,687.49 7,364.41 10,305.72 13,005.22
Employee Cost 318.51 282.9 384.61 569.24 756.99
Selling and Admin Expenses 317.16 404.42 365.50 504.21 720.90
Depreciation 143.55 122 83.5 52.7 90.98
Miscellaneous Expenses 320.24 265.05 844.62 816.93 2,009.37
Preoperative Exp Capitalised 0 0 0 0 0
Operating Expenses 1,033.27 1,013.90 1,092.36 1,481.66 2,067.76
Provisions & Contingencies 66.19 60.47 585.87 461.42 1,510.48
Total Expenses 6,100.28 6,761.86 9,042.64 12,248.80 16,583.46
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Net Profit for the Year 560.89 630.31 729.46 858.54 1,031.13
Extraordionary Items -0.11 0 0 0 0
Profit brought forward 787.45 1,030.71 1,314.90 21.04 71.2
Total 1,348.23 1,661.02 2,044.36 879.58 1,102.33
Preference Dividend 0 0 0 0 0
Equity Dividend 108.57 108.65 144.95 181.2 217.46
Corporate Dividend Tax 15.23 18.47 22.27 30.79 31.47
Per share data (annualised)
Earning Per Share (Rs) 7.75 8.7 10.06 11.85 14.23
Equity Dividend (%) 15 15.00 20.00 25 30
Book Value (Rs) 88.04 86.09 93.82 102.71 113.5
Appropriations
Transfer to Statutory Reserves -198.28 217.31 256.1 346.39 283
Transfer to Other Reserves 392 1.69 1,600.00 250 100
Proposed Dividend/Transfer to Govt 123.8 127.12 167.22 211.99 248.93
Balance c/f to Balance Sheet 1,030.71 1,314.90 21.04 71.2 470.4
Total 1,348.23 1,661.02 2,044.36 879.58 1,102.33
Balance Sheet of IDBI Bank ------------------- in Rs. Cr. -------------------

Mar '06 Mar '07 Mar '08

12 mths 12 mths 12 mths

Capital and Liabilities:

Total Share Capital 723.79 724.35 724.76
Equity Share Capital 723.79 724.35 724.76
Share Application Money 0 0 0
Preference Share Capital 0 0 0
Reserves 5,648.26 5,511.60 6,075.13
Revaluation Reserves 0 2,063.91 2,022.07
Net Worth 6,372.05 8,299.86 8,821.96
Deposits 26,000.92 43,354.04 72,997.98
Borrowings 47,530.21 42,404.38 38,612.55
Total Debt 73,531.13 85,758.42 111,610.53
Other Liabilities & Provisions 8,661.60 9,781.05 10,261.89
Total Liabilities 88,564.78 103,839.33 130,694.38
Mar '06 Mar '07 Mar '08

12 mths 12 mths 12 mths

Assets
Cash & Balances with RBI 2,680.09 5,406.47 6,694.83
Balance with Banks, Money at Ca 2,682.69 1,504.62 2,063.94
Advances 52,739.07 62,470.82 82,212.69
Investments 25,350.53 25,675.31 32,802.93
Gross Block 2,306.30 3,856.40 3,894.76
Accumulated Depreciation 1,503.79 1,089.08 1,173.59
Net Block 802.51 2,767.32 2,721.17
Capital Work In Progress 8.4 11.05 44.8
Other Assets 4,301.50 6,003.73 4,154.02
Total Assets 88,564.79 103,839.32 130,694.38

Contingent Liabilities 71,190.85 100,300.28 89,811.14

Bills for collection 7,348.64 8,227.54 14,226.75
Book Value (Rs) 88.04 86.09 93.82
Mar '09 Mar '10

12 mths 12 mths

724.78 724.86
724.78 724.86
0 0
0 0
6,719.52 7,502.26
1,979.56 1,937.72
9,423.86 10,164.84
112,401.01 167,667.08
44,417.04 47,709.48
156,818.05 215,376.56
6,160.40 8,030.62
172,402.31 233,572.02
Mar '09 Mar '10

12 mths 12 mths

8,590.82 13,903.47
2,628.50 679.36
103,428.34 138,201.85
50,047.60 73,345.46
3,873.95 4,085.27
1,127.40 1,250.35
2,746.55 2,834.92
77.56 162.04
4,882.96 4,444.91
172,402.33 233,572.01

96,523.34 101,597.45
20,053.80 26,695.59
102.71 113.5
Cash Flow ------------------- in Rs. Cr. -------------------

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Net Profit 588.35 682.62 822.71 985.64 1044.72

Net Cash Fr -105.24 200.63 2144.64 2767.71 3879.39
Net Cash ( -58.68 -153.07 -112.14 -140.06 -307.1
Investing Activities
Net Cash (u -126.46 1194.6 -184.82 -167.1 -208.77
Net (decrea -290.38 1548.31 1847.68 2460.55 3363.52
Opening Ca 5653.16 5362.78 6911.09 8758.77 11219.32
Closing Ca 5362.78 6911.09 8758.77 11219.32 14582.84
Key Financial Ratios of IDBI Bank ------------------- in Rs. Cr. -------------------

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

Investment Valuation Ratios

Face Value 10 10 10 10 10
Dividend Per Share 1.5 1.5 2 2.5 3
Operating Profit Per Share (Rs) 7.02 5.73 10.85 12.88 28.72
Net Operating Profit Per Share (Rs) 88.41 96.56 126.38 174.79 235.4
Free Reserves Per Share (Rs) 67.38 62.47 66.69 70.83 77.72
Bonus in Equity Capital 33.82 33.79 33.77 33.77 33.77
Profitability Ratios
Interest Spread 2.15 2.25 1.76 2.88 2.14
Adjusted Cash Margin(%) 10.55 7.96 8.73 7.02 6.48
Net Profit Margin 8.47 8.74 7.84 6.71 5.95
Return on Long Term Fund(%) 87.61 99.28 120.38 151.49 174.83
Return on Net Worth(%) 9.12 10 10.72 11.53 12.53
Adjusted Return on Net Worth(%) 8.7 7.24 10.71 11.35 12.55
Return on Assets Excluding Revaluations 0.63 86.09 93.82 102.71 113.5
Return on Assets Including Revaluations 0.63 114.58 121.72 130.02 140.23
Management Efficiency Ratios
Interest Income / Total Funds 7.53 7.35 7.95 8.47 8.49
Net Interest Income / Total Funds 1.65 1.37 1.56 1.58 2.02
Non Interest Income / Total Funds 0.26 0.22 0.12 0.08 0.13
Interest Expended / Total Funds 5.89 5.98 6.39 6.89 6.47
Operating Expense / Total Funds 1.05 0.94 0.88 0.96 0.98
Profit Before Provisions / Total Funds 0.69 0.53 0.73 0.67 1.12
Net Profit / Total Funds 0.66 0.66 0.63 0.57 0.51
Loans Turnover 0.13 0.12 0.13 0.14 0.14
Total Income / Capital Employed(%) 7.79 7.57 8.07 8.55 8.61
Interest Expended / Capital Employed(%) 5.89 5.98 6.39 6.89 6.47
Total Assets Turnover Ratios 0.08 0.07 0.08 0.08 0.08
Asset Turnover Ratio 2.77 1.81 2.35 3.27 4.18
Profit And Loss Account Ratios
Interest Expended / Interest Earned 92.94 89.63 91.82 88.6 85.15
Other Income / Total Income 3.28 2.93 1.49 0.89 1.46
Operating Expense / Total Income 13.45 12.38 10.85 11.18 11.42
Selling Distribution Cost Composition 0.26 0.15 0.27 0.38 0.26
Balance Sheet Ratios
Capital Adequacy Ratio 14.8 13.73 11.95 11.57 11.31
Advances / Loans Funds(%) 76.08 78.44 83.31 77.06 74.26
Debt Coverage Ratios
Credit Deposit Ratio 238.79 166.12 124.35 100.13 86.28
Investment Deposit Ratio 122.63 73.57 50.26 44.69 44.06
Cash Deposit Ratio 12.3 11.66 10.4 8.24 8.03
Total Debt to Owners Fund 4.08 6.95 10.74 15.1 20.38
Financial Charges Coverage Ratio 1.15 1.11 1.13 1.1 1.18
Financial Charges Coverage Ratio Post Tax 1.14 1.13 1.11 1.09 1.09
Leverage Ratios
Current Ratio 0.12 0.11 0.05 0.04 0.03
Quick Ratio 6.89 7.55 9.07 18.98 19.49
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit 22.07 20.16 22.92 24.69 24.14
Dividend Payout Ratio Cash Profit 17.57 16.89 20.56 23.26 22.18
Earning Retention Ratio 77.68 71.86 77.06 74.93 75.9
Cash Earning Retention Ratio 82.27 77.85 79.42 76.4 77.85
AdjustedCash Flow Times 37.25 75.57 89.88 125.17 149.23

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

Earnings Per Share 7.75 8.7 10.06 11.85 14.23

Book Value 88.04 86.09 93.82 102.71 113.5