Unaudited Financial Result (Quarterly)
As at the end of Fourth Quarter (2083/03/32) of the fiscal year 2082/083
Condensed Consolidated Statement of Financial Position
As on Quarter Ended 32 Ashad 2083
Amount in NPR
| Particulars | This Quarter Ending Immidiate | Previous Year Ending (Audited) |
|---|---|---|
| Assets | ||
| Cash and Cash equivalent | 1,044,432,676 | 330,895,051 |
| Statutory Balances and Due from Nepal Rastra Bank | 50,000,000 | 45,000,000 |
| Placement with Bank and Financial Institutions | - | - |
| Derivative Financial Instruments | - | - |
| Other Trading Assets | - | - |
| Loans & Advances to MFIs & Cooperatives | - | - |
| Loans and Advances to Customers | 10,664,398,765 | 9,677,234,011 |
| Investment securities | 2,200,000 | 2,200,000 |
| Current tax assets | 14,543,162 | - |
| Investment property | 11,445,644 | 11,445,644 |
| Property and Equipment | 66,281,080 | 70,874,168 |
| Goodwill and Intangible assets | 978,064 | 581,414 |
| Deferred Tax Assets | 9,382,503 | 9,382,503 |
| Other Assets | 33,396,023 | 58,584,149 |
| Total Assets | 11,897,057,917 | 10,206,196,939 |
| Liabilities | ||
| Due to Bank and Financial Institutions | 5,712,242,176 | 4,997,190,633 |
| Due to Nepal Rastra Bank | - | - |
| Derivative Financial Instruments | - | - |
| Deposit from Customers | 4,092,400,626 | 3,610,588,612 |
| Borrowings | - | - |
| Current Tax Liabilities | - | 22,866,615 |
| Provisions | - | - |
| Deferred tax Liabilities | - | - |
| Other Liabilities | 519,796,878 | 399,778,164 |
| Debt Securities Issued | - | - |
| Subordinated Liabilities | - | - |
| Total Liabilities | 10,324,439,680 | 9,030,424,024 |
| Equity | ||
| Share Capital | 648,297,797 | 618,900,045 |
| Share Premium | - | - |
| Retained Earnings & Reserves | 924,320,440 | 556,872,870 |
| Total Equity Attributable to equity holders | 1,572,618,237 | 1,175,772,915 |
| Non Controlling Interest | - | - |
| Total Equity | 1,572,618,237 | 1,175,772,915 |
| Total Liabilities and Equity | 11,897,057,917 | 10,206,196,939 |
Statement Of Distributable Profit or loss
for the Quarter Ended 32 Ashad 2083
Amount in NPR
Net Profit or (loss) as per statement of profit or loss 401,105,141
1 Appropriation
a. General Reserve (80,221,028)
b. Capital redemption reserve -
c. Corporate Social Responsibility Fund (4,011,051)
d. Employees training fund -
e. Client protection fund (8,022,103)
f. Other -
Profit or (loss) Before Regulatory Adjustment 308,850,959
Regulatory Adjustment
a. (Interest Receivable)/Previous Accrued Interest Receivable (40,004,198)
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)/Reversal -
e. (Deferred Tax Asset Recognized)/Reversal -
f. (Goodwill Recognized)/Impairment of Goodwill -
g. (Bargain Purchase Gain Recognized)/Reversal -
h. (Actuarial loss Recognized)/Reversal -
i. Other -
Net Profit or (loss) for the quarter ended available for distribution 268,846,761
Opening Retained Earning as on Shrwan 1, 2082 145,599,284
Adjustment (+-) -
Distribution :
Bonus Share Issued 29,397,752
Cash Dividend Paid 1,547,250
Total Distributable Profit or (Loss) as on Qtr End Date 383,501,043
Annualised Distributable Profit/Loss per share 59.16
Notes to Interim Financial Statements :
1. The above financial statements have been prepared in accordance with Nepal Financial Reporting Standards (NFRS) in line with NRB Directives. In compliance with NRB's ECL Guidelines, Mfi has de-recognized interest income on loans and advances classified as Lifetime ECL under stage-3, Mfi has considered the impairment on credit exposures as the higher of total ECL provision as per NFRS 9 and existing regulatory provision in Unified Directives. Separate Reporting of ECL shall be done to NRB by the Mfi.
2. The Interim Financial Statements have been prepared in accordance with Nepal financial reporting standards as issued by the Accounting Standard Board, Nepal and carve out issued by ICAN.
3. Loan and advances are presented net of impairment charges and include interest accruals
4. Figures has been rearranged and regrouped whenever necessary.
5. The above figures are subject to change if directed by regulator authority or external audit.
6. The Interim financial statement has been updated in the microfinance website: www.gilb.com.np
धितोपत्र दर्ता तथा निष्काशन नियमावली, २०७३ को अनुसूची १४ (नियम २६ को उपनियम (१) संग सम्बन्धित)
आ.व. २०८२/०८३ को चौथो त्रैमासिक विवरण
१. वित्तीय विवरण :
क) वित्तीय संस्थाको चौथो त्रैमासिक अवधिसम्मको वासलात तथा नाफा नोक्सान सम्बन्धी विवरण : यसै साथ प्रकाशित गरिएको छ । साथै, जसलाई संस्थाको वेवसाईट https://gilb.com.np मा पनि राखिएको छ ।
ख) ग्लोबल आइएमई बैंक लिमिटेडको सहायक कम्पनीको रुपमा रहेको यस वित्तीय संस्थाको कुल शेयर मध्ये ५७.४८% शेयर स्वामित्व ग्लोबल आइएमई बैंक लिमिटेडको रहेको छ । यस वित्तीय संस्थाको सम्बन्धित पक्ष कारोबार निम्नानुसार रहेको छ ।
क्र.सं. विवरण रकम रु. (हजारमा)
- ग्लोबल आइएमई बैंक लिमिटेडबाट शेयरमा लगानी ३,७२,६४१.५२
- ग्लोबल आइएमई बैंक लिमिटेडबाट लिएको कर्जा सापटी ४२,३६,३६१.६३
- ग्लोबल आइएमई बैंक लिमिटेडलाई ब्याज भुक्तानी १,५७,२४६.३६
This Quarter Upto This Quarter (YTD) This Quarter Upto This Quarter (YTD)
| Interest Income | 405,336,197 | 1,565,845,857 | 360,999,564 | 1,343,080,718 |
| Interest Expenses | 131,059,516 | 558,418,026 | 138,474,708 | 592,003,866 |
| Net interest income | 274,276,681 | 1,007,427,831 | 222,524,856 | 751,076,853 |
| Fee and commission income | 25,843,277 | 93,699,205 | 26,312,582 | 94,591,489 |
| Fee and commission expenses | 7,929,863 | 30,008,859 | 7,822,195 | 9,386,837 |
| Net fee and commission income | 17,913,414 | 63,690,345 | 18,490,387 | 85,204,652 |
| Net interest, fee and commission income | 292,190,095 | 1,071,118,176 | 241,015,243 | 836,281,505 |
| Net Trading Income | - | - | - | - |
| Other Operating Income | - | - | - | - |
| Total operating income | 292,190,095 | 1,071,118,175.87 | 241,015,243 | 836,281,505 |
| Impairment charge/(reversal) for loans and other losses | (137,092,752) | 6,817,891 | 7,657,598 | 230,163,609 |
| Net Operating Income | 429,282,846 | 1,064,300,285 | 233,357,645 | 606,117,896 |
| Operating Expenses | - | - | - | - |
| Personnel Expenses | 137,137,359 | 401,256,627 | 88,457,119 | 310,962,170 |
| Other Operating Expenses | 20,897,205 | 68,902,993 | 19,136,048 | 46,904,837 |
| Depreciation and Amortization | 4,233,097 | 12,035,047 | 3,322,769 | 23,490,146 |
| Operating profit | 267,015,185 | 582,105,618 | 122,441,709 | 224,760,743 |
| Non operating income | - | - | - | - |
| Non operating expense | 7,714,242 | 9,098,273 | 241,510 | 270,914 |
| Profit before income tax | 259,300,944 | 573,007,345 | 122,200,199 | 224,489,829 |
| Income Tax Expense | - | - | - | - |
| Current tax | 77,790,283 | 171,902,203 | 36,660,060 | 140,487,135 |
| Deferred tax | - | - | - | 9,075,932 |
| Profit for the period | 181,510,661 | 401,105,141 | 85,540,139 | 74,926,763 |
Condensed Statement of Comprehensive Income
Particulars Current Year This Quarter Current Year Upto This Quarter (YTD) Corresponding Previous Year (Audited) This Quarter Corresponding Previous Year (Audited) Upto This Quarter (YTD)
| Profit for the period | 181,510,661 | 401,105,141 | 85,540,139 | 74,926,763 |
| Actuarial gain/(losses) on defined benefit plans | - | - | - | 5,581,903 |
| Income Tax relating to above items | - | - | - | (1,674,571) |
| Net other comprehsive income that will not be reclassified to profit or loss | 181,510,661 | 401,105,141 | 85,540,139 | 78,834,095 |
| Other comprehensive income, net of income tax | - | - | - | 3,907,332 |
| Total comprehensive income for the period | 181,510,661 | 401,105,141 | 85,540,139 | 78,834,095 |
| Profit attributable to: | - | - | - | - |
| Equity holders of the Bank | 181,510,661 | 401,105,141 | 85,540,139 | 78,834,095 |
| Total | 181,510,661 | 401,105,141 | 85,540,139 | 78,834,095 |
| Earnings per share | - | - | - | - |
| Basic earnings per share | - | 61.87 | - | 12.11 |
| Diluted earnings per share | - | 61.87 | - | 12.11 |
Ratios as per NRB Directive
Particulars Current Year This Quarter Current Year Upto This Quarter (YTD) Corresponding Previous Year (Audited) This Quarter Corresponding Previous Year (Audited) Upto This Quarter (YTD)
| Capital fund to RWA | - | - |
| Non performing Loan (NPL) to Total Loan | - | - |
| Total Loan Loss Provision to Total NPL | - | - |
| Cost of Funds | - | - |
| Credit to Deposit Ratio | - | - |
| Base Rate | - | - |
| Interest Rate Spread | - | - |
४. ग्लोबल आइएमई बैंक लिमिटेडको खातामा रहेको रकम ६,०३,५२५.१८
ग) प्रमुख वित्तीय अनुपातहरु :
प्रति शेयर आम्दानी (वार्षिकीकरण) रु. ६१.८७ मूल्य आम्दानी अनुपात १७.९३ गुणा प्रति शेयर नेटवर्थ रु. २४२.५८ प्रति शेयर कुल सम्पत्तिको मूल्य रु. १,८३५.१२ तरलता अनुपात ११.१६ प्रतिशत
२. व्यवस्थापकीय विश्लेषण :
क) चौथो त्रैमासिक अवधिमा संस्थाको मौज्दात, आम्दानी र तरलतामा कुनै परिवर्तन भएको भए सोको प्रमुख कारण सम्बन्धी विवरण :
त्रैमासिक अवधिमा बैंक तथा वित्तीय संस्थाबाट प्राप्त कर्जा सापटको घट्दो ब्याजदरका कारण संस्थाको खुद ब्याज आम्दानीमा वृद्धि हुनुका साथै मौज्दात र तरलतामा परिवर्तन भएको छ । वित्तीय संस्थाको आम्दानी व्यवसायिक योजना अनुरूप नै रहेको व्यवस्थापनको धारणा छ ।
ख) आगामी अवधिको व्यावसायिक योजना सम्बन्धमा व्यवस्थापनको विश्लेषणात्मक विवरण :
आगामी अवधिमा थप गुणस्तरीय सेवा प्रदान गर्नुको साथै व्यावसायिक योजनाको विकास, नयाँ नयाँ लगानीका क्षेत्रहरुको खोजी, व्यावसायिक सञ्जाल वृद्धि, व्यवसाय विविधीकरण तथा व्यावसायिक विकासका लागि शाखा सञ्जाल विस्तारका साथै ग्राहकको चाहना बमोजिम वित्तीय सेवा तथा सुविधा शुरु गर्ने संस्थाको योजना रहेको छ । सदस्यहरूलाई Tablet Banking, एसएमएस अलर्ट, फोन कल अलर्ट तथा वालेट सेवा मार्फत थप सेवा विस्तार गर्दै लगिनेछ । सदस्यहरूको जीवनस्तर उकास्ने परियोजना तथा समुदाय लक्षित कार्यक्रमलाई निरन्तरता दिइनेछ । कर्मचारीको बुद्धि विकासको लागी विभिन्न कार्यहरु गरिनेछ ।
ग) विगतको अनुभवबाट संगठित संस्थाको मौज्दात, नाफा वा नगद प्रवाहमा तात्विक असर पर्न सक्ने घटना, अवस्था आदि भएमा सो सम्बन्धी विश्लेषणात्मक विवरण :
समीक्षा अवधिमा वित्तीय संस्थाले आवश्यक लगानी योग्य रकमको व्यवस्थापन सहज रुपमा गरेको छ जसले गर्दा कोषको लागतमा विगतको तुलनामा केही कमी आएको छ । व्यापार व्यवसायहरुमा आएको संकुचनले गर्दा ग्राहकको कर्जा तथा ब्याज भुक्तानी गर्ने क्षमतामा ह्रास आई ऋण असुलीमा केही प्रभाव परेको देखिन्छ । आर्थिक मन्दी, पूँजी बजारमा आएको गिरावट, निष्कृय कर्जामा भएको वृद्धि, राजनीतिक अस्थिरता, लगानीको असुरक्षाका कारणले वित्त प्लायनको सम्भावनाका आदिले समग्र अर्थतन्त्रमा असर परेको देखिन्छ । यस किसिमका समस्याका बाबजुद पनि संस्थाको व्यवसायिक योजना अनुरूप लक्ष्य प्राप्त गर्न र यसको प्रभावबाट संस्थालाई मजबुद बनाउनको लागि व्यवस्थापन विश्वस्त छ ।
३. कानूनी कारवाही सम्बन्धी विवरण :
क) समीक्षा अवधिमा संस्थाका संस्थापक वा सञ्चालकले वा संस्थापक वा सञ्चालकको विरुद्धमा प्रचलित नियमको अवज्ञा वा फौजदारी सम्बन्धी कुनै मुद्दा दायर गरेको वा भएको जानकारी प्राप्त भएको छैन ।
ख) कुनै संस्थापक वा सञ्चालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर भएको जानकारी प्राप्त भएको छैन ।
ग) वित्तीय संस्थाद्वारा शाखा कार्यालय दुनैको तत्कालिन कार्यालय प्रमुख विरुद्धमा जिल्ला प्रहरी कार्यालय कास्कीमा चेक अनादर सम्बन्धी जाहेरी दर्ता गरिएको ।
४. वित्तीय संस्थाको शेयर कारोबार सम्बन्धी विश्लेषण :
क) धितोपत्र बजारमा भएको वित्तीय संस्थाको शेयरको कारोबार सम्बन्धमा व्यवस्थापनको धारणा : दोस्रो बजारमा हुने शेयर कारोबारको मूल्य खुल्ला बजारले निर्धारण भए अनुरूप हुने व्यवस्थापनको धारणा रहेको छ ।
