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Financial Statement

GUARDIAN SOUHARDA SAHAKARI BANK NIYAMITA, BANGALORE
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31st MARCH, 2015

Particulars SCH No.
Year Ended
31st March 2015
Year Ended
31st March 2014
INCOME 
Interest and Discount 20 104,274,651.34 87,381,103.46
Commission,Exchange and Brokerage 21 2,209,776.94 2,098,714.30
 Subsidies and Donations     
Income from non-banking assets and profit from sale of or dealing with such assets
Other Receipts 22 8,586,673.69 7,854,606.27
Bills For Collection(Being Bills Receivable As Per Contra)   9,882,435.43 2,604,767.37
 Total  115,071,101.97 97,334,424.03
 Expenditure
Interest on deposits, borrowing 14 61,669,044.00 53,724,085.00
 Salaries Allowances and Benefit Fund 13,062,558.00 11,391,345.00
 Directors and local committee members fees and allowances  110,50000 105,000.00
 Rent,taxes,insurance,lighting  15 3,271,341.61 2,557,062.95
Law Charges(Professional Fees) 979,426.00 459,500.00
Postage,Telegrams and Telephone charges 16 859685.41 788,863.47
Audit fees 95000.00 92.000.00
Depreciation and Repairs to property 17 2,854,254.86 2,673,252.07
 Printing,Stationery and Advertisement  18 930,444.17 842,968.03
 Loss from sale of or dealing with non banking asse  
 Other Expenditure 19 8,735,539.37 5,655,070.70
 Profit Before Tax (PBT) 22,503,30855 19,045,276.81
IncomeTax paid 7,849,222.00 5,185,333.00
Profit After Tax(PAT) 14,654,08655 13,859,943.81
TOTAL 115,071,101.97 97,334,424.03