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आधिकारिक सूचनाOfficial AnnouncementFinancial Analysis
1 Nov, 2026
कृषि विकास बैंकको प्रथम त्रैमासिक वित्तीय विवरण तथा प्रमुख वित्तीय अनुपातहरू

कृषि विकास बैंकको प्रथम त्रैमासिक वित्तीय विवरण तथा प्रमुख वित्तीय अनुपातहरूAgricultural Development Bank Q1 Financial Results

वर्ग:Category:
Financial Analysis
प्रकाशित मिति:Published:
Published on November 1, 2026

Condensed Consolidated Statement of Financial Position

As on Quarter ended 31 Ashwin, 2083

Assets Group This Quarter Ending Group ImmediateAssets Group This Quarter Ending Group Previous Year EndingBank This Quarter Ending Bank ImmediateBank This Quarter Ending Bank Previous Year Ending
Cash and cash equivalent6,126,652,4198,158,861,2836,126,406,5998,158,717,227
Due from Nepal Rastra Bank33,900,589,98318,795,907,51933,900,589,98318,795,907,519
Placement with Bank and Financial Institutions17,507,797,25017,879,452,50017,507,797,25017,879,452,500
Derivative financial instruments171,038,37534,491,567171,038,37534,491,567
Other trading assets1,206,721,5271,289,167,8491,186,040,6661,265,696,308
Loan and advances to B/FIs1,780,648,5451,939,065,1501,780,648,5451,939,065,150
Loans and advances to customers250,428,466,682247,145,223,957250,428,466,682247,145,223,957
Investment securities99,933,554,265114,861,726,21199,598,785,145114,523,674,527
Current tax assets335,687,460424,518,969335,051,020424,299,370
Investment in subsidiaries--29,013,00029,013,000
Investment in associates----
Investment properties1,482,365,8651,377,919,9961,482,365,8651,377,919,996
Property and equipment2,389,040,2092,427,325,3492,383,713,2362,421,831,190
Goodwill and Intangible assets6,845,90720,092,3506,845,90720,092,350
Deferred tax assets----
Other assets5,704,674,8746,119,334,4915,704,616,9346,118,740,416
Total Assets420,974,083,361420,473,087,191420,641,379,207420,134,125,077
Liabilities
Due to Bank and Financial Institutions939,703,2341,345,912,038939,703,2341,345,912,038
Due to Nepal Rastra Bank----
Derivative financial instruments----
Deposits from customers348,164,344,829347,219,350,976348,277,631,117347,219,869,157
Borrowing3,113,414,2022,553,414,2023,113,414,2022,553,414,202
Current Tax Liabilities----
Provisions----
Deferred tax liabilities283,554,609464,971,508212,048,056391,658,494
Other liabilities9,024,765,0369,236,048,8638,905,802,0189,230,017,094
Debt securities issued20,488,617,02920,486,926,32820,488,617,02920,486,926,328
Subordinated Liabilities----
Total liabilities382,014,398,939381,306,623,915381,937,215,656381,227,797,313
Equity
Share capital19,738,231,09019,738,231,09019,738,231,09019,738,231,090
Ordinary Share14,305,519,09014,305,519,09014,305,519,09014,305,519,090
Preference Share(Irredeemable)5,432,712,0005,432,712,0005,432,712,0005,432,712,000
Share premium----
Retained earnings826,071,3761,301,764,209788,029,7911,262,186,665
Reserves18,376,732,56118,107,516,12118,177,902,67017,905,910,009
Total equity attributable to equity holders38,941,035,02739,147,511,42038,704,163,55138,906,327,764
Non-controlling interest18,649,39518,951,856--
Total equity38,959,684,42239,166,463,27638,704,163,55138,906,327,764
Total liabilities and equity420,974,083,361420,473,087,191420,641,379,207420,134,125,077

Condensed Consolidated Statement of Profit or Loss

For the Quarter ended 31 Ashwin, 2083

Particulars Group Current Year This Quarter Group Current Year Up to This Quarter (YTD) Previous Year Corresponding This Quarter Previous Year Corresponding Up to This Quarter (YTD) Bank Current Year This Quarter Bank Current Year Up to This Quarter (YTD)

Interest income5,188,340,4675,188,340,4675,537,595,3145,537,595,3145,188,191,7155,188,191,715
Interest expense2,825,652,4562,825,652,4563,083,729,6903,083,729,6902,825,620,9282,825,620,928
Net interest income2,362,688,0112,362,688,0112,453,865,6242,453,865,6242,362,570,7872,362,570,787
Fees and commission income492,714,695492,714,695316,179,771316,179,771492,714,695492,714,695

Ratios as per NRB Directive

Group Bank

Current Year Corresponding Previous Year Current Year Corresponding Previous Year

This Quarter Upto This Quarter (YTD) This Quarter Upto This Quarter (YTD) This Quarter Upto This Quarter (YTD) This Quarter Upto This Quarter (YTD)

12.55% 13.63% 12.55% 13.63%

10.79% 11.54% 10.79% 11.54%

9.29% 10.04% 9.29% 10.04%

4.79% 4.78% 4.79% 4.78%

102.05% 109.66% 102.05% 109.66%

2.95% 3.68% 2.95% 3.68%

67.50% 65.13% 67.50% 65.13%

4.59% 5.49% 4.59% 5.49%

3.37% 3.92% 3.37% 3.92%

1.28% 0.03% 1.31% 0.07%

0.10% 0.00% 0.10% 0.01%

Above figures are subject to change as per direction of the Regulators/Statutory Auditors.

Figures are regrouped/rearranged/restated whereas necessary for consistent presentation and comparison.

Personnel Expenses include provision for employee bonus calculated at 5% of profit before bonus and tax as per the provisions applicable for government controlled entity in the bonus bylaws 2075.

Loan and Advances to Customer is presented net of impairment allowances and includes interest accruals and staff loans and advances.

The interim Financial Statements of the Bank have been prepared in accordance with Nepal Financial Reporting Standards (hereinafter referred as NFRSs), laid down by the Institute of Chartered Accountants of Nepal except NFRS 9 -Effective interest rate on Financial Assets measured at amortized Cost. For that purpose coupon rate has been considered as effective interest rate(EIR).

The Group Financial Statements includes two Subsidiaries namely Kosh Byabasthapan Company Limited, having 93.45% holding and Gobar Gas Company having 83.96% holding. 100 percent impairment allowance has been provided against the investment in Gobar Gas Company.

Inter-company transactions and outstanding balances among group companies are adjusted in Group Financial Statements.

Other Comprehensive Income is not considered while computing Earnings Per Share and Distributable profit Per Share.

Other Securities issued represents debenture worth Rs. 2,500 million and Agri bond worth Rs. 18,000 million .

Recognition of interest income on Loan & Advances has been based upon NRB 'Guidance Note on Interest Income Recognition, 2024'.

The Bank, following regulatory backstop as mentioned Clause 16 of “NFRS 9- Expected Credit Loss Related Guidelines, 2024(First Amendment)”, has recognized allowance for possible losses on credit exposures as the higher of total ECL calculated as per NFRS 9 and existing regulatory provisions as mentioned in Unified NRB Directives no 02.

Detailed interim financial report has been published in the Bank's website www.adbl.gov.np

आर्थिक वर्ष २०८३/८४ प्रथम त्रैमास (२०८३ असोज मसान्त)

धितोपत्र दर्ता तथा निष्काशन नियमावली २०६३, नियम २६ (१) अनुसूची १४ अनुसार

१. सम्बन्धित पक्ष (Related Party) बीच भएको कारोबार

नरहेको ।

२. प्रमुख वित्तीय अनुपातहरू

प्रति शेयर आम्दानी / (नोक्सानी) (रु.) ३.०५

प्रति शेयर खुद मूल्य(रु.) २३२.५८

प्रति शेयर कुल सम्पत्ति मूल्य (रु.) २,९०२.४४

Fees and commission expense12,993,44912,993,4498,154,1668,154,16612,993,44912,993,449
Net fee and commission income479,721,246479,721,246308,025,605308,025,605479,721,246479,721,246
Net interest, fee and commission income2,842,409,2572,842,409,2572,761,891,2292,761,891,2292,842,292,0332,842,292,033
Net trading income(58,403,709)(58,403,709)(168,272,102)(168,272,102)(57,384,515)(57,384,515)
Other operating income102,717,968102,717,96855,850,55755,850,557102,568,059102,568,059
Total operating income2,886,723,5162,886,723,5162,649,469,6842,649,469,6842,887,475,5772,887,475,577
Impairment charge/(reversal) for loan and other losses1,159,443,3051,159,443,3051,463,853,6911,463,853,6911,159,443,3051,159,443,305
Net operating income1,727,280,2111,727,280,2111,185,615,9931,185,615,9931,728,032,2721,728,032,272
Operating expense
Personnel expenses1,173,807,2401,173,807,240935,341,597935,341,5971,172,369,5381,172,369,538
Other operating expenses298,550,369298,550,369208,864,492208,864,492298,159,129298,159,129
Depreciation & Amortisation101,631,360101,631,360109,096,379109,096,379101,464,156101,464,156
Operating Profit153,291,242153,291,242(67,686,475)(67,686,475)156,039,449156,039,449
Non operating income11,15311,153149,346149,34611,15311,153
Non operating expense------
Profit before income tax153,302,395153,302,395(67,537,129)(67,537,129)156,050,602156,050,602
Income tax expense46,141,16246,141,162(69,943,331)(69,943,331)46,815,18146,815,181
Current Tax90,315,31190,315,311354,878354,87890,125,23290,125,232
Deferred Tax(44,174,149)(44,174,149)(70,298,209)(70,298,209)(43,310,051)(43,310,051)
Profit/(loss) for the period107,161,233107,161,2332,406,2022,406,202109,235,421109,235,421

Condensed Consolidated Statement of Comprehensive Income

Profit/(loss) for the period107,161,233107,161,2332,406,2022,406,202109,235,421109,235,421
Other Comprehensive Income(321,013,359)(321,013,359)7,723,7607,723,760(318,034,238)(318,034,238)
Total Comprehensive Income(213,852,126)(213,852,126)10,129,96210,129,962(208,798,817)(208,798,817)
Basic earnings per share3.003.000.070.073.053.05
Diluted earnings per share3.003.000.070.073.053.05
Profit attributable to:
Equity holders of the Bank107,297,183107,297,1832,624,6382,624,638109,235,421109,235,421
Non-controlling interest(135,950)(135,950)(218,436)(218,436)--
Total107,161,233107,161,2332,406,2022,406,202109,235,421109,235,421

Statement of Distributable Profit or Loss

For the Quarter ended 31 Ashwin, 2083

(As per NRB Regulation)

Particulars Bank Current Year Upto this Quarter YTD

Net Profit or (loss) as per statement of profit or loss 109,235,421

1. Appropriations

a. General Reserve 21,847,084

b. Capital Redemption Reserve -

c. Exchange Fluctuation Fund 25,730,344

d. Corporate Social Responsibity Fund 1,092,354

e. Employees Training Fund 55,070,388

f. Other (31,041,010)

CSR Expenses transferred to Retained earning from CSR Reserve (31,041,010)

Realised gain upto previous year on equity share investment measured at FVTOCI transferred to Retained Earnings -

Investment Adjustment Reserve -

Profit or (loss) before regulatory adjustment 36,536,261

Regulatory Adjustment:

a. Interest receivable (-)/previous accrued interest received (+) (130,039,730)

b. Short loan loss provision in accounts (-)/reversal (+) -

c. Short provision for possible losses on investment (-)/reversal (+) -

d. Short loan loss provision on Non Banking Assets (-)/resersal (+) (54,870,637)

e. Deferred tax assets recognised (-)/ reversal (+) -

f. Goodwill recognised (-)/ impairment of Goodwill (+) -

g. Bargain purchase gain recognised (-)/reversal (+) -

h. Actuarial loss recognised (-)/reversal (+) (281,340,473)

i.Others(+/-) (44,442,295)

ICTL Reserve (44,442,295)

Fair value through profit and Loss -

Net Profit or (loss) for the Qtr ended on312083(474,156,874)
Opening Retained Earnings as on Shrawan1,20831,262,186,665

Adjustments(+/-) -

Distribution:

Bonus Share Issued -

Cash Dividend Paid -

Total Distributable Profit or (Loss) as on Qtr end Ashwin 2083 788,029,791

Annualised Distributable Profit/(Loss) per Share 5.51

तरलता अनुपात (%) ३८.८७

३. व्यवस्थापकीय विश्लेषण

(क) त्रैमासिक अवधिमा संस्थाको मौज्दात, आम्दानी र तरलतामा कुनै परिवर्तन भएको भए सोको प्रमुख कारण सम्बन्धी विवरण

समीक्षा अवधिमा अर्थतन्त्रमा केहि सुधारका संकेत देखिएका छन। बैंकको कर्जा व्यवसाय विस्तार गरिएको छ। निक्षेप मौज्दातमा सकारात्मक वृद्धि गरिएको छ। बैंकको कारोबार नियमित रहेको र तरलता सन्तोषजनक रहेको छ।

(ख) आगामी अवधिको व्यवसायिक योजनाको सम्बन्धमा

कर्जाको सन्तुलित प्रभाग कायम तथा उत्कृष्ट गुणस्तर कायम गर्दै कर्जा व्यवसाय वृद्धि गर्ने, निक्षेपको प्रभावकारी रुपमा परिचालन गर्ने तथा ग्राहकको चाहना तथा व्यवसायको संभाव्यता अनुरुप Digital बैंकिङ्ग सेवा ग्रामिण स्तरसम्म उपलब्ध गराइने छ। किसान क्रेडिट कार्ड, फोन लोन, ओभरड्राफ्ट कार्ड आदिको सेवा थप विस्तार गरिने छ। व्यवसायमा अन्तर निहित जोखिमको प्रभावकारी व्यवस्थापन गर्दै शेयरधनी र सम्बद्ध सरोकारवालाहरूको अधिकतम हित हुने गरी व्यवसायको विस्तार गर्नुका साथै सेवामूलक कार्यक्रम सञ्चालन गरिनेछ।

(ग) विगतको अनुभवबाट संगठीत संस्थाको मौज्दात, नाफा वा नगद प्रवाहमा तात्विक असर पार्न सक्ने घटना, अवस्था आदि भएमा सो सम्बन्धी विश्लेषणात्मक विवरण

विश्व अर्थतन्त्रमा देखिएको असामञ्जस्यता आदिका कारण राष्ट्रिय अर्थतन्त्रसँगै बैकिङ्ग व्यवसाय समेत प्रभावित भइरहेको अवस्थामा अर्थतन्त्रलाई लयमा फर्काउन, सरकार र नेपाल राष्ट्र बैंकबाट ल्याइएका विभिन्न सुधारका उपायहरूले अर्थतन्त्रमा सुधार आउन सक्ने विश्वास गर्न सकिन्छ। तरलता र लगानी योग्य पूँजीमा आएको सुधारले बैकिङ्ग व्यवसायलाई सजगताका साथ चुस्त व्यवस्थापन गर्दै बैंकका गतिविधिहरूलाई विविधीकरण सहित अघि बढाइएको छ।

४. कानूनी कारबाही सम्बन्धी विवरण

देहाय अनुसारको मुद्दा दायर भएको भए, मुद्दा दायर भएको मिति, विषय, मुद्दादाय भएको संस्थापक वा संचालकको नाम र संभाव्य कानूनी उपचार सम्बन्धी विवरण

(क) त्रैमासिक अवधिमा संगठित संस्थाले वा संस्थाको विरुद्ध कुनै मुद्दा दायर भएको भए

यस बैंकको पक्ष विपक्षी भई अदालतमा हाल सम्म १४४ वटा मुद्दाहरू विचाराधीन अवस्थामा रहेको छ।

(ख) संगठीत संस्थाको संस्थापक वा संचालकले वा संस्थापक वा संचालकको विरुद्धमा प्रचलित नियमको अवज्ञा वा फौजदारी अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर गरेको वा भएको भए

यस बैंकको जानकारीमा आएको छैन।

(ग) कुनै संस्थापक वा संचालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर भएको भए

यस बैंकको जानकारीमा आएको छैन।

५. संगठित संस्थाको शेयर कारोबार सम्बन्धी विश्लेषण

(क) धितोपत्र बजारमा भएको संगठीत संस्थाको शेयरको कारोबार सम्बन्धमा व्यवस्थापनको धारणा

बैंकको शेयर कारोबार नियमित एवं सन्तोषजनक रुपमा हुँदै आएको छ।

(ख) त्रैमासिक अवधिको शेयरको अधिकतम, न्यूनतम, अन्तिममूल्य, कारोबार भएको कुल दिन तथा कारोबार संख्या

शेयरको अधिकतम मूल्य न्यूनतम मूल्य अन्तिम मूल्य शेयर कारोबार भएको कूल दिन कुल शेयर कारोबार संख्या

३३९.३० २९५.५० ३३९.३० ६१ ३७,४८,२०१

६. समस्या तथा चुनौती

संगठीत संस्थाले बहन गर्नु परेको समस्या तथा चुनौती स्पष्ट रुपमा उल्लेख गर्नुपर्ने र उक्त समस्या तथा चुनौतीलाई संगठीत संस्थाको आन्तरिक र वाह्य भनी वर्गीकरण गरी त्यस्तो समस्या तथा चुनौती समाधान गर्न व्यवस्थापनले अवलम्बन गरेको रणनीति सम्बन्धी विवरण

आन्तरिक समस्या र चुनौती

• संचालन लागत।

• कर्जाको गुणस्तर।

• तरलता व्यवस्थापन।

बाह्य समस्या र चुनौती

• अर्थतन्त्रमा देखिएको मन्दी र यसले पारेको प्रभाव।

• सूचना प्रविधिको क्षेत्रमा चुनौति र अनुपालना लागतमा वृद्धि।

चुनौती समाधान गर्न व्यवस्थापनले अवलम्बन गरेको रणनीति

• उपरोक्त समस्याको समाधान तथा चुनौतीहरूको सामना गर्न बैंकले थप सजगताका साथ समग्र संचालन प्रणालीमा समय सापेक्ष सुधार गर्दै आएको छ।

• उपलब्ध स्रोत र साधनको अधिकतम परिचालन गरी व्यवसाय वृद्धि तथा विविधीकरण गरिएको।

• प्रतिस्पर्धी ब्याजदर कायम गर्न संचालन खर्चमा कटौती र न्यून लागतको निक्षेप र दीर्घकालीन स्रोत संकलनमा जोड दिदै कर्जा निक्षेप समिश्रणलाई थप सन्तुलित बनाउँदै लगिएको।

• व्यवसायमा थप नियन्त्रण हुने गरी केन्द्रिकृत व्यवसायको अवधारणा अवलम्बन गरिएको।

• Digital Banking कारोबारलाई expedite गर्दै लगिएको।

७. संस्थागत सुशासन

प्रचलित नीति, नियम तथा निर्देशनहरूको प्रभावकारी रुपमा पालना गरिएको छ। बैंक व्यवस्थापन आफ्ना शेयरधनीहरू, सर्वसाधारण निक्षेपकर्ता तथा सम्पूर्ण सरोकारवालाहरूको हित संरक्षणका लागि सदैव प्रतिवद्ध रहेको छ।

८. सत्य, तथ्य सम्बन्धमा प्रमुख कार्यकारी अधिकृतको उद्घोषण

आजका मितिसम्म यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरूको शुद्धता सम्बन्धमा म व्यक्तिगत रुपमा उत्तरदायित्व लिन्छु। साथै म यो उद्घोष गर्दछु कि मैले जाने बुझेसम्म यस प्रतिवेदनमा उल्लेखित विवरणहरू सत्य, तथ्य र पूर्ण छन् र लगानीकर्ताहरूलाई सुसूचित गर्न तथा निर्णय लिन आवश्यक कुनै विवरण, सूचना तथा जानकारीहरू लुकाइएको छैन।

Condensed Consolidated Statement of Financial Position

As on Quarter ended 31 Ashwin, 2083

Assets Group This Quarter Ending Group ImmediateAssets Group This Quarter Ending Group Previous Year EndingBank This Quarter Ending Bank ImmediateBank This Quarter Ending Bank Previous Year Ending
Cash and cash equivalent6,126,652,4198,158,861,2836,126,406,5998,158,717,227
Due from Nepal Rastra Bank33,900,589,98318,795,907,51933,900,589,98318,795,907,519
Placement with Bank and Financial Institutions17,507,797,25017,879,452,50017,507,797,25017,879,452,500
Derivative financial instruments171,038,37534,491,567171,038,37534,491,567
Other trading assets1,206,721,5271,289,167,8491,186,040,6661,265,696,308
Loan and advances to B/FIs1,780,648,5451,939,065,1501,780,648,5451,939,065,150
Loans and advances to customers250,428,466,682247,145,223,957250,428,466,682247,145,223,957
Investment securities99,933,554,265114,861,726,21199,598,785,145114,523,674,527
Current tax assets335,687,460424,518,969335,051,020424,299,370
Investment in subsidiaries--29,013,00029,013,000
Investment in associates----
Investment properties1,482,365,8651,377,919,9961,482,365,8651,377,919,996
Property and equipment2,389,040,2092,427,325,3492,383,713,2362,421,831,190
Goodwill and Intangible assets6,845,90720,092,3506,845,90720,092,350
Deferred tax assets----
Other assets5,704,674,8746,119,334,4915,704,616,9346,118,740,416
Total Assets420,974,083,361420,473,087,191420,641,379,207420,134,125,077
Liabilities
Due to Bank and Financial Institutions939,703,2341,345,912,038939,703,2341,345,912,038
Due to Nepal Rastra Bank----
Derivative financial instruments----
Deposits from customers348,164,344,829347,219,350,976348,277,631,117347,219,869,157
Borrowing3,113,414,2022,553,414,2023,113,414,2022,553,414,202
Current Tax Liabilities----
Provisions----
Deferred tax liabilities283,554,609464,971,508212,048,056391,658,494
Other liabilities9,024,765,0369,236,048,8638,905,802,0189,230,017,094
Debt securities issued20,488,617,02920,486,926,32820,488,617,02920,486,926,328
Subordinated Liabilities----
Total liabilities382,014,398,939381,306,623,915381,937,215,656381,227,797,313
Equity
Share capital19,738,231,09019,738,231,09019,738,231,09019,738,231,090
Ordinary Share14,305,519,09014,305,519,09014,305,519,09014,305,519,090
Preference Share(Irredeemable)5,432,712,0005,432,712,0005,432,712,0005,432,712,000
Share premium----
Retained earnings826,071,3761,301,764,209788,029,7911,262,186,665
Reserves18,376,732,56118,107,516,12118,177,902,67017,905,910,009
Total equity attributable to equity holders38,941,035,02739,147,511,42038,704,163,55138,906,327,764
Non-controlling interest18,649,39518,951,856--
Total equity38,959,684,42239,166,463,27638,704,163,55138,906,327,764
Total liabilities and equity420,974,083,361420,473,087,191420,641,379,207420,134,125,077

Condensed Consolidated Statement of Profit or Loss

For the Quarter ended 31 Ashwin, 2083

Particulars Group Current Year This Quarter Group Current Year Up to This Quarter (YTD) Previous Year Corresponding This Quarter Previous Year Corresponding Up to This Quarter (YTD) Bank Current Year This Quarter Bank Current Year Up to This Quarter (YTD)

Interest income5,188,340,4675,188,340,4675,537,595,3145,537,595,3145,188,191,7155,188,191,715
Interest expense2,825,652,4562,825,652,4563,083,729,6903,083,729,6902,825,620,9282,825,620,928
Net interest income2,362,688,0112,362,688,0112,453,865,6242,453,865,6242,362,570,7872,362,570,787
Fees and commission income492,714,695492,714,695316,179,771316,179,771492,714,695492,714,695

Ratios as per NRB Directive

Group Bank

Current Year Corresponding Previous Year Current Year Corresponding Previous Year

This Quarter Upto This Quarter (YTD) This Quarter Upto This Quarter (YTD) This Quarter Upto This Quarter (YTD) This Quarter Upto This Quarter (YTD)

12.55% 13.63% 12.55% 13.63%

10.79% 11.54% 10.79% 11.54%

9.29% 10.04% 9.29% 10.04%

4.79% 4.78% 4.79% 4.78%

102.05% 109.66% 102.05% 109.66%

2.95% 3.68% 2.95% 3.68%

67.50% 65.13% 67.50% 65.13%

4.59% 5.49% 4.59% 5.49%

3.37% 3.92% 3.37% 3.92%

1.28% 0.03% 1.31% 0.07%

0.10% 0.00% 0.10% 0.01%

Above figures are subject to change as per direction of the Regulators/Statutory Auditors.

Figures are regrouped/rearranged/restated whereas necessary for consistent presentation and comparison.

Personnel Expenses include provision for employee bonus calculated at 5% of profit before bonus and tax as per the provisions applicable for government controlled entity in the bonus bylaws 2075.

Loan and Advances to Customer is presented net of impairment allowances and includes interest accruals and staff loans and advances.

The interim Financial Statements of the Bank have been prepared in accordance with Nepal Financial Reporting Standards (hereinafter referred as NFRSs), laid down by the Institute of Chartered Accountants of Nepal except NFRS 9 -Effective interest rate on Financial Assets measured at amortized Cost. For that purpose coupon rate has been considered as effective interest rate(EIR).

The Group Financial Statements includes two Subsidiaries namely Kosh Byabasthapan Company Limited, having 93.45% holding and Gobar Gas Company having 83.96% holding. 100 percent impairment allowance has been provided against the investment in Gobar Gas Company.

Inter-company transactions and outstanding balances among group companies are adjusted in Group Financial Statements.

Other Comprehensive Income is not considered while computing Earnings Per Share and Distributable profit Per Share.

Other Securities issued represents debenture worth Rs. 2,500 million and Agri bond worth Rs. 18,000 million .

Recognition of interest income on Loan & Advances has been based upon NRB 'Guidance Note on Interest Income Recognition, 2024'.

The Bank, following regulatory backstop as mentioned Clause 16 of “NFRS 9- Expected Credit Loss Related Guidelines, 2024(First Amendment)”, has recognized allowance for possible losses on credit exposures as the higher of total ECL calculated as per NFRS 9 and existing regulatory provisions as mentioned in Unified NRB Directives no 02.

Detailed interim financial report has been published in the Bank's website www.adbl.gov.np

Fiscal Year 2083/84 First Quarter (End of Ashwin 2083)

As per Rule 26 (1) Annex 14 of Securities Registration and Issue Regulations 2063

1. Transactions between Related Parties

None.

2. Key Financial Ratios

Earnings / (Loss) Per Share (Rs.) 3.05

Net Worth Per Share (Rs.) 232.58

Total Asset Value Per Share (Rs.) 2,902.44

Fees and commission expense12,993,44912,993,4498,154,1668,154,16612,993,44912,993,449
Net fee and commission income479,721,246479,721,246308,025,605308,025,605479,721,246479,721,246
Net interest, fee and commission income2,842,409,2572,842,409,2572,761,891,2292,761,891,2292,842,292,0332,842,292,033
Net trading income(58,403,709)(58,403,709)(168,272,102)(168,272,102)(57,384,515)(57,384,515)
Other operating income102,717,968102,717,96855,850,55755,850,557102,568,059102,568,059
Total operating income2,886,723,5162,886,723,5162,649,469,6842,649,469,6842,887,475,5772,887,475,577
Impairment charge/(reversal) for loan and other losses1,159,443,3051,159,443,3051,463,853,6911,463,853,6911,159,443,3051,159,443,305
Net operating income1,727,280,2111,727,280,2111,185,615,9931,185,615,9931,728,032,2721,728,032,272
Operating expense
Personnel expenses1,173,807,2401,173,807,240935,341,597935,341,5971,172,369,5381,172,369,538
Other operating expenses298,550,369298,550,369208,864,492208,864,492298,159,129298,159,129
Depreciation & Amortisation101,631,360101,631,360109,096,379109,096,379101,464,156101,464,156
Operating Profit153,291,242153,291,242(67,686,475)(67,686,475)156,039,449156,039,449
Non operating income11,15311,153149,346149,34611,15311,153
Non operating expense------
Profit before income tax153,302,395153,302,395(67,537,129)(67,537,129)156,050,602156,050,602
Income tax expense46,141,16246,141,162(69,943,331)(69,943,331)46,815,18146,815,181
Current Tax90,315,31190,315,311354,878354,87890,125,23290,125,232
Deferred Tax(44,174,149)(44,174,149)(70,298,209)(70,298,209)(43,310,051)(43,310,051)
Profit/(loss) for the period107,161,233107,161,2332,406,2022,406,202109,235,421109,235,421

Condensed Consolidated Statement of Comprehensive Income

Profit/(loss) for the period107,161,233107,161,2332,406,2022,406,202109,235,421109,235,421
Other Comprehensive Income(321,013,359)(321,013,359)7,723,7607,723,760(318,034,238)(318,034,238)
Total Comprehensive Income(213,852,126)(213,852,126)10,129,96210,129,962(208,798,817)(208,798,817)
Basic earnings per share3.003.000.070.073.053.05
Diluted earnings per share3.003.000.070.073.053.05
Profit attributable to:
Equity holders of the Bank107,297,183107,297,1832,624,6382,624,638109,235,421109,235,421
Non-controlling interest(135,950)(135,950)(218,436)(218,436)--
Total107,161,233107,161,2332,406,2022,406,202109,235,421109,235,421

Statement of Distributable Profit or Loss

For the Quarter ended 31 Ashwin, 2083

(As per NRB Regulation)

Particulars Bank Current Year Upto this Quarter YTD

Net Profit or (loss) as per statement of profit or loss 109,235,421

1. Appropriations

a. General Reserve 21,847,084

b. Capital Redemption Reserve -

c. Exchange Fluctuation Fund 25,730,344

d. Corporate Social Responsibity Fund 1,092,354

e. Employees Training Fund 55,070,388

f. Other (31,041,010)

CSR Expenses transferred to Retained earning from CSR Reserve (31,041,010)

Realised gain upto previous year on equity share investment measured at FVTOCI transferred to Retained Earnings -

Investment Adjustment Reserve -

Profit or (loss) before regulatory adjustment 36,536,261

Regulatory Adjustment:

a. Interest receivable (-)/previous accrued interest received (+) (130,039,730)

b. Short loan loss provision in accounts (-)/reversal (+) -

c. Short provision for possible losses on investment (-)/reversal (+) -

d. Short loan loss provision on Non Banking Assets (-)/resersal (+) (54,870,637)

e. Deferred tax assets recognised (-)/ reversal (+) -

f. Goodwill recognised (-)/ impairment of Goodwill (+) -

g. Bargain purchase gain recognised (-)/reversal (+) -

h. Actuarial loss recognised (-)/reversal (+) (281,340,473)

i.Others(+/-) (44,442,295)

ICTL Reserve (44,442,295)

Fair value through profit and Loss -

Net Profit or (loss) for the Qtr ended on312083(474,156,874)
Opening Retained Earnings as on Shrawan1,20831,262,186,665

Adjustments(+/-) -

Distribution:

Bonus Share Issued -

Cash Dividend Paid -

Total Distributable Profit or (Loss) as on Qtr end Ashwin 2083 788,029,791

Annualised Distributable Profit/(Loss) per Share 5.51

Liquidity Ratio (%) 38.87

3. Management Analysis

(a) Details regarding the main reasons for any changes in the institution's balance, income, and liquidity during the quarterly period

Indicators of some improvement in the economy have been seen during the review period. The bank's credit business has been expanded. Positive growth has been achieved in deposit balances. The bank's operations remain regular and liquidity is satisfactory.

(b) Regarding the business plan for the upcoming period

To maintain a balanced portfolio of loans and maintain excellent quality while growing credit business, effectively mobilize deposits, and provide Digital Banking services up to the rural level according to customer demand and business feasibility. Services such as Kisan Credit Card, Phone Loan, Overdraft Card, etc. will be further expanded. By effectively managing the inherent risks in the business, the business will be expanded to maximize the benefit of shareholders and concerned stakeholders, along with conducting service-oriented programs.

(c) Analytical details regarding events, conditions, etc. from past experience that could have a material impact on the institution's balance, profit, or cash flow

In a situation where the banking business along with the national economy is being affected due to mismatches seen in the global economy, it can be believed that the economy will improve through various reform measures brought by the government and Nepal Rastra Bank to bring the economy back on track. The improvement in liquidity and investable capital has led the banking business forward with prudence, agile management, and diversification of bank activities.

4. Details Regarding Legal Actions

Details regarding cases filed, filing date, subject, name of filing promoter or director, and potential legal remedies as follows:

(a) If any lawsuit has been filed by or against the organized institution during the quarterly period

Currently, 144 cases are pending in court involving this bank as plaintiff or defendant.

(b) If any promoter or director of the organized institution has filed or had filed against them any lawsuit regarding violation of prevailing rules or criminal offense

No such case has come to the bank's knowledge.

(c) If any lawsuit has been filed against any promoter or director regarding financial crime

No such case has come to the bank's knowledge.

5. Analysis Regarding Share Transactions of the Organized Institution

(a) Management's view on the share transactions of the organized institution in the securities market

The trading of the bank's shares has been regular and satisfactory.

(b) Maximum, minimum, closing price, total trading days, and total number of transactions during the quarterly period

Maximum Share Price Minimum Price Closing Price Total Days Shares Traded Total Share Transactions Count

339.30 295.50 339.30 61 37,48,201

6. Problems and Challenges

Clear mention of the problems and challenges faced by the organized institution, classifying them as internal and external, along with details of the strategy adopted by management to solve such problems and challenges

Internal Problems and Challenges

• Operating cost.

• Loan quality.

• Liquidity management.

External Problems and Challenges

• Economic slowdown and its impact.

• Challenges in the IT sector and increase in compliance costs.

Strategy Adopted by Management to Solve Challenges

• To solve the above problems and face challenges, the bank has been making timely improvements to its overall operating system with added vigilance.

• Business has been expanded and diversified by maximizing the utilization of available resources and tools.

• Operating costs have been cut to maintain competitive interest rates, and focus has been placed on collecting low-cost deposits and long-term resources while making the loan-deposit mix more balanced.

• A centralized business concept has been adopted to maintain greater control over business.

• Digital Banking transactions are being expedited.

7. Corporate Governance

Prevailing policies, rules, and directives are being effectively followed. Bank management is always committed to protecting the interests of its shareholders, general depositors, and all stakeholders.

8. Declaration by the Chief Executive Officer Regarding Truth and Accuracy

I personally take responsibility for the accuracy of the information and details mentioned in this report up to today's date. Furthermore, I declare that to the best of my knowledge, the details mentioned in this report are true, accurate, and complete, and no details, notices, or information required for investors to make informed decisions have been concealed.

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