नाडेप लघुवित्त वित्तीय संस्थाको आ.व. २०८१/८२ को वित्तीय विवरणNADEP Laghubitta Bittiya Sanstha's FY 2081/82 Financial Statements

NADEP Laghubitta Bittiya Sanstha Limited

"A 'D' class financial institution licensed by Nepal Rastra Bank" (National Level)

(Details published for public information as per Sub-clause (A.1) of Clause No. 1 of Directive No. 4/082 of the Integrated Directive 2082 issued to 'D' class microfinance financial institutions licensed by Nepal Rastra Bank)

Statement of Financial Position

As on 32nd Ashadh 2082 (16th July 2025)

Figures in NPR

Particulars Note As at 32nd Ashadh 2082 As at 31st Ashadh 2081

Assets

Cash and Cash equivalents	4.1	213,646,957	115,227,373
Statutory Balances and Due from Nepal Rastra Bank	4.2	35,930,530	29,630,530

Placement with Bank & Financial Institutions 4.3 - -

Derivative Financial Instruments 4.4 - -

Other Trading Assets 4.5 - -

Loans and Advance to MFIs & Cooperatives 4.6 - -

Loans and Advances to Customers	4.7	5,947,837,771	5,702,964,130
Investment Securities	4.8	1,156,638	1,156,638
Current Tax Assets	4.9	31,901,064	31,073,722

Investment Property 4.10 - -

Property and Equipment	4.11	28,682,572	22,778,826
Goodwill and Intangible assets	4.12	608,753	760,941
Deferred Tax Assets	4.13	103,819,086	88,374,201
Other Assets	4.14	16,764,094	11,519,654
Total Assets	6,380,347,464	6,003,486,014

Liabilities

Due to Bank and Financial Institutions 4.15 - -

Due to Nepal Rastra Bank 4.16 - -

Derivative Financial Instrument 4.17 - -

Deposits from Customers	4.18	1,918,686,763	1,756,215,132
Borrowing	4.19	3,035,284,704	2,836,654,255

Current Tax Liabilities 4.9 - -

Provisions 4.20 - -

Deferred Tax Liabilities 4.12 - -

Other Liabilities 4.21 611,430,417 655,995,092

Debt Securities Issued 4.22 - -

Subordinated Liabilities 4.23 - -

Total Liabilities 5,565,401,884 5,248,864,478

Equity

Share Capital 4.24 485,760,000 485,760,000

Share Premium - -

Retained Earnings	4.25	(83,511,429)	(76,951,921)
Reserves	412,697,009	345,813,457
Total Equity	814,945,580	754,621,536
Total Liabilities and Equity	6,380,347,464	6,003,486,014

Contingent Liabilities and Commitment 4.26 - -

Net assets value per share 167.77 155.35

As per NRB Regulation

For the year ended 32nd Ashadh 2082 (16 July 2025)

Particulars Current Year Previous Year

Net Profit/(loss) as per Statement of Profit or Loss 30,045,133 (74,421,931)

Appropriation

a. General Reserve - -

b. Foreign Exchange Fluctuation fund (6,009,027) -

c. Capital redemption reserve - -

d. Corporate social responsibility fund	(300,451)	50,000
e. Employees training fund	(3,029,958)	(2,055,866)

f. Customer Protection Fund (450,677) -

g. Other - -

Profit/(loss) before regulatory adjustment 20,255,020 (76,427,797)

Regulatory Adjustments:

a. Interest Receivable (-)/previous accrued interest received(+) (23,240,985) (42,398,080)

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

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

d. Short provision for possible losses on Non-Banking Assets (-)/reversal(+) - -

e. Deferred Tax Assets recognized(-)/reversal(+) (15,444,885) (23,037,913)

f. Goodwill recognized (-)/Impairment of Goodwill(+) - -

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

h. Actuarial Loss recognized (-)/reversal(+) - -

i. Other (+/-) - -

a) Write Back Short Provision (As per Circular No. 8 /79-80 (Point No.2(9))) - -

Net Profit for the year end 31st Ashadh	2082	(6,559,508)	(140,559,665)
Opening Retained Earning As on 1st Shrawan,	2081	(76,951,919)	63,607,746

Adjustments(+/-) - -

Distribution:

Bonus Share issued - -

Cash Dividend Paid - -

Total Distributable profit or (loss) as on year end	(83,511,428)	(76,951,919)
Annualized Distributable Profit/Loss Per Share	(17.19)	(15.84)

Statement of Profit or Loss

For the year ended 32nd Ashadh 2082 (16 July 2025)

Figures in NPR

Particulars Note Year ended 32nd Ashadh 2082 Year ended 31st Ashadh 2081

Interest Income	4.27	857,355,528	810,626,457
Interest Expense	4.28	(420,194,615)	(464,495,152)
Net Interest Income	437,160,913	346,131,304
Fee and Commission Income	4.29	47,774,799	33,639,864
Fee and Commission Expense	4.30	(3,347,359)	(6,570,233)
Net Fee and Commission Income	44,427,440	27,069,631
Net Interest, Fee and Commission Income	481,588,353	373,200,936

Net Trading Income 4.31 - -

Other Operating Income 4.32 - -

Total Operating Income	481,588,353	373,200,936
Impairment charge/(reversal) for loans and other losses	4.33	106,084,128	85,962,272
Net Operating Income	375,504,224	287,238,664

Operating Expense

Personnel Expenses	4.34	(244,301,583)	(252,443,616)
Other Operating Expenses	4.35	(68,685,855)	(118,076,415)
Depreciation & Amortisation	4.36	(17,613,443)	(5,397,460)
Operating Profit	44,903,343	(88,678,827)
Non Operating Income	4.37	420,514	3,842,837
Non Operating Expense	4.38	(85,399)
Profit before Income Tax	45,323,857	(84,921,388)

Income Tax Expense

Current Tax	4.39	15,278,724	(10,499,457)
Deferred Tax	44,393,601	13,097,366
Profit for the period	(29,114,877)	(23,596,823)

Profit attributable to:

Equity holders of the Financial Institution	30,045,133	(74,421,931)
Profit for the year	30,045,133	(74,421,931)

Earnings Per Share

Basic earnings per share 6.19 (15.32)

Statement of Cash Flows

For the year ended 32nd Ashadh 2082 (16 July 2025)

Particulars Year ended 32nd Ashadh 2082 Year ended 31st Ashadh 2081

CASH FLOWS FROM OPERATING ACTIVITIES

Interest received	820,154,451	741,105,713
Fees and other income received	48,195,313	37,482,701

Dividend received - -

Receipts from other operating activities - -

Interest paid	(420,194,615)	(464,495,152)
Commission and fees paid	(3,347,359)	(6,570,233)
Cash payment to employees	(206,360,070)	(196,849,468)
Other expense paid	(83,353,837)	(104,119,768)
Operating cash flows before changes in operating assets and liabilities	155,093,883	6,553,793

(Increase)/Decrease in operating assets

Due from Nepal Rastra Bank - (5,799,900)

Placement with Bank and Financial Institutions - -

Other trading assets - -

Loans and advances to bank and financial institutions - -

Loans and advances to customers	(74,729,239)	(726,700,611)
Other assets	66,201,392	9,708,452

Increase/(Decrease) in operating liabilities

Due to bank and financial institutions - -

Due to Nepal Rastra Bank - -

Deposit from customers - (35,166,742)

Borrowings - 818,649,963

Other liabilities	(21,789,868)	(4,060,637)
Net cash flow from operating activities before tax paid	124,776,168	63,184,318
Income taxes paid	(45,220,943)	(24,731,988)
Net cash flow from operating activities	79,555,225	38,452,329

CASH FLOW FROM INVESTING ACTIVITIES

Purchase of investment securities - -

Receipts from sale of investment securities - -

Purchase of property and equipment (17,461,255) (1,491,460)

Receipt from the sale of property and equipment - -

Purchase of intangible assets - (367,250)

Receipt from the sale of intangible assets - -

Purchase of other assets - -

Receipt from the sale of other assets - -

Net cash flow from investing activities (17,461,255) (1,858,710)

CASH FLOW FROM FINANCING ACTIVITIES

Receipt from issue of share capital - -

Receipt from issue of debt securities - -

Receipt from issue of subordinated liabilities - -

Payment of lease liabilities - -

Dividend paid - -

Net cash flow from financing activities - -

Net increase/(decrease) in cash and cash equivalents	62,093,970	36,593,619
Cash and cash equivalents at beginning of period	115,227,373	78,633,754
Cash and cash equivalents at end of period	177,321,343	115,227,373

Basic earnings per share (15.32)

Diluted earnings per share 6.19 (15.32)

Statement of Comprehensive Income

For the year ended 32nd Ashadh 2082 (16 July 2025)

Particulars Note Year ended 32nd Ashadh 2082 Year ended 31st Ashadh 2081

Profit for the year 30,045,133.50 (74,421,931.06)

Other comprehensive income, net of income tax

a) Items that will not be reclassified to profit or loss

Gains / (Losses) from investment in equity instruments measured at fair value - -

Gains / (Losses) on Revaluation - -

Actuarial Gains / (Losses) on defined benefit plans	45,566,640.00	1,863,034.00
Income tax relating to above items	(13,669,992.00)	(558,910.20)
Net other Comprehensive Income that will not be reclassified to Profit or Loss	31,896,648.00	1,304,123.80

b) Items that are or may be reclassified to Profit or Loss

Gains/ (Losses) on cash flow hedge - -

Exchange gains/ (Losses) (arising from translating financial assets of foreign operation) - -

Income tax relating to above items - -

Reclassify to Profit or Loss - -

Net other Comprehensive Income that are or may be reclassified to Profit or Loss - -

Other comprehensive income for the year, net of income tax	31,896,648.00	1,304,123.80
Total Comprehensive income for the year	61,941,781.50	(73,117,807.26)
Total Comprehensive income for the period	61,941,781.50	(73,117,807.26)

CASH FLOWS FROM INVESTING ACTIVITIES

Receipt from the sale of intangible assets - -

Receipt from the sale of investment properties - -

Interest received - -

Dividend received - -

Others - -

Net cash used in investing activities (17,613,443) (1,858,710)

CASH FLOWS FROM FINANCING ACTIVITIES

Receipt from issue of debt securities - -

Repayment of debt securities - -

Reciepts from issue of subordinated liabilities - -

Repayment of subordinated liability - -

Receipts from issue of shares - -

Dividends paid - -

Interest paid - -

Other receipt/payment - -

Movement in Reserve - -

Net cash from financing activities	(1,617,737)	(7,189,437)
Net increase (decrease) in cash and cash equivalents	(1,617,737)	(7,189,437)
Cash and cash equivalents at Shrawan	01,	2081	60,324,044	29,404,182
Effect of exchange rate fluctuations on cash and cash equivalents held	115,227,373	85,823,191
Cash and cash equivalents at the end of the period	175,551,417	115,227,373

Statement of Changes in Equity

Attributable to equity holders of the Institution

Figures in NPR

Particulars Share Capital Share premium General reserve Exchange Equalisation Fund Regulatory Reserve Fair Value Reserve Revaluation Reserve Retained earning Other Reserves Capital Reserve Fund Deferred tax reserve Client Protection Fund CSR Reserve Actuary Reserve Capital Adjustment/ Equalization Fund Investment Reserve Employee training fund Other Total Non-controlling interest Total equity

Balance at 1st Shrawan 2080 485,760,000 - 77,548,785 - 126,956,376 (590,353) - 63,607,744 81,646,229 - - 57,553,988 1,540,218 (13,175,466) - - 11,024,183 24,703,305 834,928,780 - 834,928,780

Adjustment/Restatement - - - - - - - - - - - - - - - - - - - -

Adjusted/Restated balance at 1st Shrawan 2080 485,760,000 - 77,548,785 - 126,956,376 (590,353) - 63,607,744 81,646,229 - - 57,553,988 1,540,218 (13,175,466) - - 11,024,183 24,703,305 834,928,780 - 834,928,780

Comprehensive income for the year

Profit for the year - - - - - - - (74,421,931) - - - - - - - - - (74,421,931) - (74,421,931)

Other comprehensive income, net of tax

Gains/(losses) from investment in equity instruments measured at fair value. - - - - - - - - - - - - - - - - - - - -

Gains/(losses) on revaluation - - - - - - - - - - - - - - - - - - - -

Actuarial gains/(losses) on defined benefit plans - - - - - - - - 1,304,124 - - - - 1,304,124 - - - 1,304,124 - 1,304,124

Gains/(losses) on cash flow hedge - - - - - - - - - - - - - - - - - - - -

Exchange gains/(losses) (arising from translating financial assets of foreign operation) - - - - - - - - - - - - - - - - - - - -

Total Comprehensive income for the year - - - - - - -	(74,421,931)	1,304,124	1,304,124	(73,117,807)	(73,117,807)
Transfer to Reserves during the year - -	64,131,868	50,000	(66,187,734)	2,055,866	(7,189,437)	(50,000)	2,055,866	(66,237,734)	(66,237,734)
Transfer from reserve during the year - - - - - - - -	(7,189,437)	(7,189,437)	(7,189,437)

Other Adjustments - - - - 0 - - - - - - - - - - - - - -

Transactions with owners, directly recognised in equity

Share Issued - - - - - - - - - - - - - - - - - - - -

Share Based Payments - - - - - - - - - - - - - - - - - - - -

Dividends to equity holders - - - - - - - - - - - - - - - - - - - -

Bonus shares issued - - - - - - - - - - - - - - - - - - - -

Cash dividend paid - - - - - - - - - - - - - - - - - - - -

Other (Share issue expenses) - - - - - - - - - - - - - - - - - - - -

Total contributions by and distributions - -	64,131,868	50,000	(66,187,734)	(5,133,572)	(7,189,437)	(50,000)	2,055,866	(73,427,171)	(73,427,171)
Balance at	31	2081	485,760,000	77,548,785	191,088,244	(590,353)	(76,951,921)	77,766,781	50,364,551	1,490,218	(11,871,342)	13,080,049	24,703,305	754,621,536	754,621,536
Balance at	01	2081	485,760,000	77,548,785	191,088,244	(590,353)	(76,951,921)	77,766,781	50,364,551	1,490,218	(11,871,342)	13,080,049	24,703,305	754,621,536	754,621,536

Comprehensive income for the year

Profit for the year - - - - - - - 30,045,133 - - - - - - - - - 30,045,133 - 30,045,133

Other comprehensive income, net of tax

Gains/(losses) from investment in equity instruments measured at fair value. - - - - - - - - - - - - - - - - - - - -

Gains/(losses) on revaluation - - - - - - - - - - - - - - - - - - - -

Actuarial gains/(losses) on defined benefit plans - - - - - - - - 31,896,648 - - - - 31,896,648 - - - 31,896,648 - 31,896,648

Gains/(losses) on cash flow hedge - - - - - - - - - - - - - - - - - - - -

Exchange gains/(losses) (arising from translating financial assets of foreign operation) - - - - - - - - - - - - - - - - - - - -

Total Comprehensive income for the year - - - - - - -	30,045,133	31,896,648	31,896,648	61,941,781	61,941,781
Transfer to Reserves during the year -	6,009,027	26,814,528	(36,604,642)	3,781,087	450,677	300,451	(1,491,637)	(126,100)	3,029,958	(1,617,737)	(1,617,737)

Transfer from reserve during the year - - - - - - - - - - - - - - - - - - - -

Other Adjustments - - - - - - - - - - - - - - - - - - - -

Transactions with owners, directly recognised in equity

Share Issued - - - - - - - - - - - - - - - - - - - -

Share Based Payments - - - - - - - - - - - - - - - - - - - -

Dividends to equity holders - - - - - - - - - - - - - - - - - - - -

Bonus shares issued - - - - - - - - - - - - - - - - - - - -

Cash dividend paid - - - - - - - - - - - - - - - - - - - -

Other (Share issue expenses) - - - - - - - - - - - - - - - - - - - -

Total contributions by and distributions -	6,009,027	26,814,528	(36,604,642)	2,163,350	(1,040,960)	174,351	3,029,958	(1,617,737)	(1,617,737)
Balance at	32	2082	485,760,000	83,557,812	217,902,773	(590,353)	(83,511,429)	111,826,779	49,323,590	1,664,569	20,025,306	16,110,007	24,703,305	814,945,580	814,945,580