राष्ट्रिय सहकारी बैंकको चौथो त्रैमासिक वित्तीय विवरणRastriya Sahakari Bank Q4 Unaudited Financial Statement

Rastriya Sahakari Bank Limited

Unaudited Financial Statement

Fourth Quarter F.Y. 2082/083 (As of 31 Ashar 2083)

Balance Sheet

(Amount in Rs.)

Particulars This Quarter Previous Quarter Last Year's Quarter
Assets
Cash and cash equivalents	11,754,511,099	8,036,408,359	13,053,611,891
Balance with Nepal Rastra Bank	924,487,831	909,013,781	274,085,826
Balance with Banks and Financial Institutions	14,922,745,700	18,402,845,700	13,953,745,700
Derivative financial instruments	-	-	-
Other trading assets	-	-	-
Loans and advances to cooperative institutions	11,490,529,929	10,836,335,711	15,043,185,681
Loans and advances to customers	-	-	-
Investment securities	7,692,326,980	4,757,437,435	4,192,198,867
Current tax assets	253,864,163	230,462,205	247,360,542
Investment property	1,270,534,882	1,179,293,941	1,522,136,842
Property and equipment	459,767,228	466,975,778	515,230,425
Goodwill and intangible assets	10,492,034	10,659,348	8,454,698
Deferred tax assets	804,365,229	933,110,771	843,190,086
Other assets	787,814,499	830,332,921	1,059,950,976
Total Assets	50,371,439,494	46,594,875,950	50,713,151,535
Due to banks and financial institutions	-	-	-
Due to Nepal Rastra Bank	-	-	-
Derivative financial instruments	-	-	-
Deposits from customers	46,158,323,830	43,096,376,460	47,056,277,981
Borrowings	-	-	-
Current tax liabilities	-	-	-
Provisions	-	-	-
Deferred tax liabilities	-	-	-
Other liabilities	517,553,820	332,756,926	518,210,124
Debt securities issued	-	-	-
Subordinated liabilities	-	-	-
Total Liabilities	46,675,877,650	43,429,133,386	47,574,488,106
Equity
Share capital	2,939,351,000	2,914,334,500	2,891,507,900
Share premium	-	-	-
Retained earnings	(2,703,243,953)	(3,813,882,659)	(4,275,774,780)
Reserves	3,459,054,797	4,065,260,722	4,522,930,309
Distributable equity to shareholders	3,695,161,844	3,165,712,564	3,138,663,429
Non-controlling interest	-	-	-
Total Equity	3,695,161,844	3,165,712,564	3,138,663,429
Total Liabilities and Equity	50,371,439,494	46,594,875,950	50,713,151,535
Contingent liabilities and commitments	216,761,244	216,761,244	217,936,244
Net asset value per share	127.71	108.63	108.55

Unaudited Profit or Loss Statement

Fourth Quarter F.Y. 2082/083 (As of 31 Ashar 2083)

(Amount in Rs.)

Particulars	This Year's Quarter	This Year's	Previous Quarter Last Year's Quarter
Interest income	1,403,220,390	1,015,090,134	3,123,709,238
Interest expense	(531,554,619)	453,472,383	(1,551,497,439)
Net interest income	871,665,771	561,617,751	1,572,211,808
Fee and commission income	19,814,920	23,966,570	37,033,789
Fee and commission expense	-	-	-
Net fee and commission income	19,814,920	23,966,570	37,033,789
Net interest, fee and commission income	891,480,692	585,584,321	1,609,245,597
Net trading income	-	-	-
Other operating income	116,128,231	227,400,050	45,991,293
Total operating income	1,007,608,923	812,984,371	1,655,236,890
Impairment charge / (reversal) for loans and other losses	(348,803,304)	298,552,627	886,806,669
Net operating income	1,356,412,227	514,431,744	968,630,220
Operating expenses
Personnel expenses	453,670,348	333,248,839	519,969,961
Other operating expenses	155,408,527	119,596,028	173,337,857
Depreciation and amortization	66,303,305	51,895,376	74,890,344
Operating Profit	525,050	5,921,205	(506,202)
Non-operating Income	30,889,934	1,954,586	(1,809,255)
Non-operating Expenses	-	-	-
Profit Before Bonus and Tax	686,919,181	11,646,087	(2,417,197)
Staff Bonus Provision	68,691,918	-	-
Income Tax Provision	125,781,242	4,523,449	4,504,682
Current Tax	91,909,195	9,444,134	248,091,245
Deferred Tax (Income)/Expense	33,872,046	(89,920,685)	(243,586,563)
Net Profit/Loss	492,446,021	7,122,639	(6,921,878)
Earnings Per Share
Basic Earnings Per Share	16.75	0.24	(0.24)
Ratios
Capital Fund / Total Risk Weighted Assets (percentage)	11.66	4.42	0.82
Non-Performing Loans / Total Loans (percentage)	32.26	38.05	30.56
Impairment Charge / Total Non-Performing Loans (percentage)	95.33	91.70	90.22
Cost of Fund (percentage)	0.62	0.70	1.81

Statement of Distributable Profit or Loss (Unaudited)

Fourth Quarter F.Y. 2082/083 (As of 32 Ashad 2083)

(As per Nepal Rastra Bank Directives)

(Amount in Rs.)

Particulars This Quarter Previous Quarter Previous Year's Corresponding Quarter
Net Profit/Loss as per Statement of Profit or Loss	492,446,021	7,122,639	(6,921,878)
Previous Year's Profit	(4,275,774,780)	(4,275,774,780)	(3,396,524,534)
Appropriation:
a) General Reserve	123,111,505	-	-
b) Exchange Fluctuation Reserve	-	-	-
c) Capital Redemption Reserve	-	-	-
d) Corporate Social Responsibility Fund	4,924,460	-	-
e) Employees Training Fund	-	-	-
f) Fair Value Reserve	-	-	-
g) Investment Adjustment Reserve Adjustment	-	-	-
h) Proposed Dividend	-	-	-
i) Others	-	-	-
Share Issue Expense	-	-	-

Share Issue Expense - Tax Effect - - -

Cooperative Development Fund	13,757,711	-	-
Capital Return Reserve Fund	92,333,629	-	-
Cooperative Promotion Fund	1,846,673	-	-
Loss Equalization Fund	13,757,711	-	-
Community Development Fund	13,757,711	-	-
Deferred Tax Reserve	-	-	-
Cooperative Education Fund	13,757,711	-	-
Other Risk Management Fund	13,757,711	-	-
Profit/Loss Before Regulatory Adjustment	(4,074,333,579)	(4,268,652,141)	(3,403,446,413)
Regulatory Adjustments:
a) Interest Receivable (-)/Realization of Previous Year Interest Receivable	602,542,807	270,415,847	(277,982,260)
b) Decrease (-)/Increase (+) in Microfinance Loan Loss Provision on Accounts	-	-	-
c) Decrease (-)/Increase (+) in Investment Loss Provision	-	-	-
d) Decrease (-)/Increase (+) in Non-Banking Assets Loan Loss Provision	714,863,530	274,274,321	(327,134,248)
e) Deferred Tax Asset Recognition (-)/Reversal (+)	33,872,046	(89,920,685)	(248,311,622)
f) Goodwill Recognition (-)/Impairment (+)	-	-	-
g) Bargain Purchase Gain (-) Reversal (+)	-	-	-
h) Actuarial Loss Recognition (-) Reversal (+)	19,811,243	-	(18,900,237)
i) Others (+/-)	-	-	-
Income Attributable from Associates	-	-	-
Distributable Profit/Loss	(2,703,243,953)	(3,813,882,659)	(4,275,774,780)

Note:

1. If directed by the supervisory authority or external auditor to adjust, the audited financial statements may differ.

2. The quarterly financial statement has been prepared as per Nepal Financial Reporting Standards (NFRS) and Applicable Carve Outs.

3. Loans and advances provided to cooperative institutions are presented net of loan loss provisions.

4. Staff loans provided are included in amortized cost in loans and advances to cooperatives.

5. Figures for the previous year have been reclassified, rewritten, and adjusted where necessary for comparison.