Consolidated Balance Sheet (Un-audited)

As at September 30, 2011

PROPERTY AND ASSETS

As at September
30, 2011

As at 31
December
2010

Taka

Taka

Cash
Cash in hand (including foreign currencies)
Balance with Bangladesh Bank and its agent bank(s)
(Including foreign currencies)

1,535,842,561
8,115,950,932
9,651,793,493

1,481,148,777
7,221,005,129
8,702,153,906

Balance with other Banks and Financial Institutions

In Bangladesh
Outside Bangladesh

2,028,552,344
2,116,709,327

2,177,601,786
1,214,537,182

4,145,261,671

3,392,138,968

149,400,000

99,500,000

Money at call and short notice

Investments
Government
Others

22,320,276,989
8,842,293,334

15,016,883,609
9,937,088,718

31,162,570,323

24,953,972,327

101,929,659,582
4,853,922,133
106,783,581,715

86,020,867,436
5,982,696,666
92,003,564,102

2,107,996,354
2,760,747,000
355,649,241
157,116,999,797

2,238,847,261
2,973,141,798
384,718,241
134,748,036,603

6,044,681,102

4,101,795,198

15,623,410,362
1,670,672,492
21,054,850,672
54,454,078,583
25,113,347,897
15,825,000

14,123,862,646
2,133,029,898
19,289,901,104
43,801,426,228
23,107,788,093
15,825,000

Subordinated bond

117,932,185,006
2,500,000,000

102,471,832,969
2,500,000,000

Other liabilities
TOTAL LIABILITIES

10,186,209,515
136,663,075,623

6,556,110,083
115,629,738,250

8,603,656,030
5,368,912,620
497,723,327
1,754,593,316
4,228,900,607
20,453,785,900
138,274

4,412,131,300
4,180,253,183
497,723,327
4,915,334,354
5,112,856,189
19,118,298,353
-

157,116,999,797
-

134,748,036,603
-

Loans and advances

Loans, cash credits, overdrafts etc.
Bills purchased & discounted
Fixed assets including land, buildings, furniture and fixtures

Other assets
Non-banking assets
TOTAL ASSETS
LIABILITIES AND CAPITAL
Liabilities
Borrowings from other Banks, Financial Institutions and
Agents
Deposits and other accounts
Current deposits and other accounts
Bills payable
Savings bank deposits
Fixed deposits
Term deposits
Bearer certificates of deposits

Shareholders' equity
Paid up capital
Statutory reserve
General reserve
Other reserve
Retained earnings
TOTAL SHAREHOLDERS' EQUITY
Non-controling Interests
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
Continued....

OFF BALANCE SHEET ITEMS

Contingent Liabilities
Acceptances and endorsements
Letters of guarantee
Irrevocable letters of credit
Bills for collection
Other liabilities (Bad & Loss)
Other Contingent Liabilities
Value of Bangladesh sanchaya patra on hand
Value of travelers' cheques on hand
Total Contingent Liabilities
Other commitments
Lease rental commitments
Documentary credits and short term trade -related
transactions
Forward assets purchased and forward deposits placed
Undrawn note issuance and revolving facilities
Undrawn formal standby facilities, credit lines and other
commitments
Spot and forward foreign exchange rate contracts
Other exchange contracts
Claims against the Bank not acknowledged as debt
Total off B/S items (Including contingent liabilities)

Munshi Abu Zakaria

Vice President

As at September
30, 2011

As at 31
December
2010

Taka

Taka

23,922,681,500
6,726,774,909
16,389,588,924
5,095,297,079
52,134,342,412

6,027,402,000
5,342,456,175
27,154,279,236
5,529,713,417
44,053,850,828

996,206,250
996,206,250
53,130,548,662

991,250,000
991,250,000
45,045,100,828

53,130,548,662

45,045,100,828

Neaz Ahmed
Managing Director

Consolidated Profit and Loss Account (Un-audited)

For the period ended from January 01, 2011 to September 30, 2011
From January
01, to
September 30,
2011
Taka
Interest income
Less: Interest paid on deposits and borrowings
Net interest income
Investment income
Commission, exchange and brokerage
Other operating income
Total operating income
Salary and allowances
Rent, taxes, insurance, electricity etc.
Legal expenses
Postage, stamp, telecommunication etc.
Stationery, printing, advertisement, etc.
Managing director's salary and allowances
Directors' fees and other benefits
Audit fees
Charges on loan losses
Repairs, maintenance and depreciation
Other expenses
Total operating expenses
Profit before provision
Provision for loans and advances
Specific provision
General provision (Including Off B/S items)
Provision for other classified assets
Total provision
Profit before taxes
Provision for taxation
Deferred tax (income)/expenses
Net Profit after taxation
Non-controling Interests
Profit after tax without minority interests
Retained earnings brought forward from previous year
Appropriations
Statutory reserve
Transferred to general reserve
Dividend (Bonus share)
Retained earnings carried forward
Earnings per share (Re-stated)

Earnings per share (Annualized)

Munshi Abu Zakaria

From January
01, to
September 30,
2010
Taka

From July 01
to Sept. 30,
2011

From July 01
to Sept. 30,
2010

Taka

Taka

10,166,091,172
6,507,860,459
3,658,230,713
2,151,583,321
1,652,640,202
1,648,025,644
9,110,479,880
1,337,136,829
220,734,329
11,602,379
44,278,819
83,127,255
8,055,000
5,189,197
214,998,856
301,408,142
2,226,530,806
6,883,949,074

6,669,718,325
3,699,492,334
2,970,225,991
2,656,515,674
1,171,599,290
867,860,057
7,666,201,012
1,227,730,420
162,531,044
10,068,210
33,986,897
80,875,222
7,195,000
4,157,002
1,020,000,000
153,268,683
259,750,455
2,959,562,933
4,706,638,079

3,718,943,606
2,548,488,008
1,170,455,598
935,222,935
544,482,518
168,065,387
2,818,226,438
513,137,451
85,563,256
3,350,270
15,955,021
20,018,539
2,985,000
581,857
75,460,284
94,281,296
811,332,974
2,006,893,464

2,473,817,343
1,421,686,383
1,052,130,960
901,554,173
441,215,737
226,537,385
2,621,438,255
410,329,039
54,810,950
3,747,149
10,764,870
25,023,437
3,985,000
1,259,280
320,000,000
59,140,487
89,448,595
978,508,807
1,642,929,448

380,000,000
380,000,000
380,000,000
6,503,949,074

180,000,000
180,000,000
180,000,000
4,526,638,079

210,000,000
210,000,000
210,000,000
1,796,893,464

30,000,000
30,000,000
30,000,000
1,612,929,448

2,007,682,215
2,007,682,215
4,496,266,859
38,274
4,496,228,585

1,203,009,119
1,203,009,119
3,323,628,960
3,323,628,960

522,881,062
522,881,062
1,274,012,402
17,929
1,273,994,473

453,009,119
453,009,119
1,159,920,329
1,159,920,329

5,112,856,189
9,609,084,774

1,567,288,545
4,890,917,505

1,273,994,473

1,159,920,329

(1,188,659,437)
(4,191,524,730)
(5,380,184,167)
4,228,900,607

(902,920,321)
(1,565,595,000)
(2,468,515,321)
2,422,402,184

(359,378,693)
(359,378,693)
914,615,780

(322,585,890)
(322,585,890)
837,334,439

1.48

1.35

5.23

3.86

6.97

5.15

Neaz Ahmed

Vice President

From January
01, to
September 30,
2011

From January
01, to
September 30,
2010

Taka

Taka

From July 01
to Sept. 30,
2011

From July 01
to Sept. 30,
2010

Taka

Taka

Managing Director

National Bank Limited

Consolidated Statement of Changes in Equity (Un-Audited)
For the period ended September 30, 2011
(Figure in BDT)
Particulars

Balance on 01 January 2011

Net profit for the period
Bonus shares for 2010 issued during the year

Paid up
Capital

Statutory
Reserve

4,412,131,300
4,191,524,730

4,180,253,183

General
Reserve
497,723,327

Other
Reserve
4,915,334,354

Retained
Earnings

Total

5,112,856,189

19,118,298,353

4,496,228,585

4,496,228,585

(4,191,524,730)

(1,188,659,437)

Addition during the period

Revaluation of Govt. Treasury Bill, Bond and other Investments

Transfer from general reserve for appropriation

1,188,659,437

(3,160,741,038)
-

(3,160,741,038)

Balance at September 30, 2011

8,603,656,030

5,368,912,620

497,723,327

1,754,593,316

4,228,900,607

20,453,785,900

Balance at December 31, 2010

4,412,131,300

4,180,253,183

497,723,327

4,915,334,354

5,112,856,189

19,118,298,353

Balance Sheet (Un-audited)

As at September 30, 2011

PROPERTY AND ASSETS

Cash
Cash in hand (including foreign currencies)
Balance with Bangladesh Bank and its agent bank(s)
(Including foreign currencies)
Balance with other Banks and Financial Institutions
In Bangladesh
Outside Bangladesh

Money at call and short notice

Investments
Government
Others

As at
September 30,
2011

As at 31
December
2010

Taka

Taka

1,523,316,915
8,115,950,932
9,639,267,847

1,474,308,630
7,221,005,129
8,695,313,759

1,951,316,016
2,116,709,327

2,146,014,749
1,214,297,261

4,068,025,343

3,360,312,010

149,400,000

99,500,000

22,320,276,989
9,234,147,614

15,016,883,609
9,976,444,138

31,554,424,603

24,993,327,747

101,929,659,582
4,853,922,133
106,783,581,715

86,020,867,436
5,982,696,666
92,003,564,102

2,086,325,619
2,667,295,236
355,649,241
157,303,969,604

2,224,747,697
2,970,828,673
384,718,241
134,732,312,229

6,044,681,102

4,101,795,198

15,623,410,362
1,670,672,492
21,054,850,672
54,454,078,583
25,976,799,600
15,825,000

14,123,862,646
2,133,029,898
19,289,901,104
43,801,426,228
23,107,788,093
15,825,000

Subordinated bond

118,795,636,709
2,500,000,000

102,471,832,969
2,500,000,000

Other liabilities
TOTAL LIABILITIES

9,925,496,321
137,265,814,132

6,553,084,739
115,626,712,906

8,603,656,030
5,368,912,620
497,723,327
1,754,593,316
3,813,270,179
20,038,155,472

4,412,131,300
4,180,253,183
497,723,327
4,915,334,354
5,100,157,159
19,105,599,323

157,303,969,604
-

134,732,312,229
-

Loans and advances

Loans, cash credits, overdrafts etc.
Bills purchased & discounted
Fixed assets including land, buildings, furniture and fixtures

Other assets
Non-banking assets
TOTAL ASSETS
LIABILITIES AND CAPITAL
Liabilities
Borrowings from other Banks, Financial Institutions and
Agents
Deposits and other accounts
Current deposits and other accounts
Bills payable
Savings bank deposits
Fixed deposits
Term deposits
Bearer certificates of deposits

Shareholders' equity
Paid up capital
Statutory reserve
General reserve
Other reserve
Retained earnings
TOTAL SHAREHOLDERS' EQUITY
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
Continued....

OFF BALANCE SHEET ITEMS

Contingent Liabilities
Acceptances and endorsements
Letters of guarantee
Irrevocable letters of credit
Bills for collection
Other liabilities (Bad & Loss)
Other Contingent Liabilities
Value of Bangladesh sanchaya patra on hand
Value of travelers' cheques on hand
Total Contingent Liabilities
Other commitments
Lease rental commitments
Documentary credits and short term trade -related
transactions
Forward assets purchased and forward deposits placed
Undrawn note issuance and revolving facilities
Undrawn formal standby facilities, credit lines and other
commitments
Spot and forward foreign exchange rate contracts
Other exchange contracts
Claims against the Bank not acknowledged as debt
Total off B/S items (Including contingent liabilities)

Munshi Abu Zakaria

Vice President

As at
September 30,
2011

As at 31
December
2010

Taka

Taka

23,922,681,500
6,726,774,909
16,389,588,924
5,095,297,079
52,134,342,412

6,027,402,000
5,342,456,175
27,154,279,236
5,529,713,417
44,053,850,828

996,206,250
996,206,250
53,130,548,662

991,250,000
991,250,000
45,045,100,828

53,130,548,662

Neaz Ahmed
Managing Director

45,045,100,828

Profit and Loss Account (Un-audited)

For the period ended from January 01, 2011 to September 30, 2011
From 01
January to
September
30, 2011
Taka
Interest income
Less: Interest paid on deposits and borrowings
Net interest income
Investment income
Commission, exchange and brokerage
Other operating income
Total operating income
Salary and allowances
Rent, taxes, insurance, electricity etc.
Legal expenses
Postage, stamp, telecommunication etc.
Stationery, printing, advertisement, etc.
Managing director's salary and allowances
Directors' fees and other benefits
Audit fees
Charges on loan losses
Repairs, maintenance and depreciation
Other expenses
Total operating expenses
Profit before provision
Provision for loans and advances
Specific provision
General provision (Including Off B/S items)
Provision for other classified assets
Total provision
Profit before taxes
Provision for taxation
Deferred tax (income)/expenses
Net Profit after taxation
Retained earnings brought forward from previous year
Appropriations
Statutory reserve
Transferred to general reserve
Dividend (Bonus share)
Retained earnings carried forward
Earnings per share (Re-stated)

Earnings per share (Annualized)

Munshi Abu Zakaria

Vice President

From 01
January to
September
30, 2010
Taka

From July 01
to Sept. 30,
2011

From July 01
to Sept. 30,
2010

Taka

Taka

9,742,365,103
6,507,860,459
3,234,504,644
2,151,583,321
1,448,622,727
1,628,316,563
8,463,027,255
1,317,096,023
211,448,704
11,602,379
43,067,611
82,001,435
8,055,000
5,189,197
214,295,953
246,973,766
2,139,730,068
6,323,297,187

6,669,718,325
3,699,492,334
2,970,225,991
2,656,515,674
1,124,347,508
867,110,394
7,618,199,567
1,214,507,515
156,140,471
10,068,210
33,055,180
80,135,220
7,195,000
4,157,002
1,020,000,000
153,044,292
245,295,073
2,923,597,963
4,694,601,604

3,526,154,131
2,548,488,008
977,666,123
935,222,935
463,331,855
154,389,295
2,530,610,208
506,738,418
82,839,755
3,350,270
15,455,639
19,717,311
2,985,000
581,857
75,215,348
72,489,922
779,373,520
1,751,236,688

2,473,817,343
1,421,686,383
1,052,130,960
901,554,173
393,963,955
250,505,632
2,598,154,720
397,106,134
48,420,377
3,747,149
9,833,153
24,283,435
3,985,000
1,259,280
320,000,000
58,916,096
92,355,950
959,906,574
1,638,248,146

380,000,000
380,000,000
380,000,000
5,943,297,187

180,000,000
180,000,000
180,000,000
4,514,601,604

210,000,000
210,000,000
210,000,000
1,541,236,688

30,000,000
30,000,000
30,000,000
1,608,248,146

1,850,000,000
1,850,000,000
4,093,297,187

1,200,000,000
1,200,000,000
3,314,601,604

450,000,000
450,000,000
1,091,236,688

450,000,000
450,000,000
1,158,248,146

5,100,157,159
9,193,454,346

1,567,288,545
4,881,890,149

1,091,236,688

1,158,248,146

(1,188,659,437)
(4,191,524,730)
(5,380,184,167)
3,813,270,179

(902,920,321)
(1,565,595,000)
(2,468,515,321)
2,413,374,828

(308,247,338)
(308,247,338)
782,989,350

(321,649,629)
(321,649,629)
836,598,517

1.27

1.35

4.76

3.85

6.35

5.13

Neaz Ahmed
Managing Director

National Bank Limited

Statement of Changes in Equity (Un-Audited)
For the period ended September 30, 2011
(Figure in BDT)
Particulars

Balance on 01 January 2011

Net profit for the period
Bonus shares for 2010 issued during the year

Paid up
Capital

Statutory
Reserve

4,412,131,300
4,191,524,730

4,180,253,183

General
Reserve
497,723,327

Other
Reserve
4,915,334,354

Retained
Earnings

Total

5,100,157,159

19,105,599,323

4,093,297,187

4,093,297,187

(4,191,524,730)

(1,188,659,437)

Addition during the period

Revaluation of Govt. Treasury Bill, Bond and other Investments

Transfer from general reserve for appropriation

1,188,659,437

(3,160,741,038)
-

(3,160,741,038)

Balance at September 30, 2011

8,603,656,030

5,368,912,620

497,723,327

1,754,593,316

3,813,270,179

20,038,155,472

Balance at December 31, 2010

4,412,131,300

4,180,253,183

497,723,327

4,915,334,354

5,100,157,159

19,105,599,323

Cash Flow Statement (Un-Audited)

For the period ended from January 01, 2011 to September 30, 2011

A) Cash flows from operating activities

Interest received
Interest paid
Income from Investment
Fees, commission, exchange & brokerage
Cash paid to employees
Cash paid to suppliers
Income taxes paid
Received from other operating activities
Paid for other operating activities
Operating profit before changes in operating assets and liabilities
Increase/(decrease) in operating assets & liabilities
Loans and advances to other banks
Loans and advances to customers
Other assets
Deposits from other Banks
Deposits from customers
Other liabilities
Net cash received from operating activities
B) Cash flows from investing activities
Proceeds from Investments
Investment made during the year
Purchase of property, plant and equipment
Sale proceeds of fixed assets
Net cash used in investing activities
C) Cash flows from financing activities
Borrowings from Other Banks, Financial Institutions and agents
Net cash received from financing activities
D)
E)
F)
G)

Net increase / (decrease) in cash and cash-equivalents (A+B+C)

Effects of exchange rate changes on cash and cash-equivalents
Cash and cash-equivalents at beginning of the year
Cash and cash-equivalents at end of the year (D+E+F)
Cash and cash-equivalents at end of the year
Cash in hand (including foreign currencies)
Balances with Bangladesh Bank and its agent bank (s)
Balances with other Banks and Financial Institutions
Money at call and short notice
Reverse repo
Prize bonds

Sept. '2011

Sept. '2010

Taka

Taka

9,742,365,103
(5,299,038,740)
1,570,420,994
1,448,622,727
(1,330,340,220)
(392,305,077)
(1,417,173,340)
634,818,077
(246,887,410)
4,710,482,114

6,669,718,325
(3,699,492,334)
915,062,534
1,124,347,508
(1,225,859,517)
(311,577,290)
(993,531,010)
848,904,073
(243,877,790)
3,083,694,499

(14,780,017,613)
303,533,437
(956,158,097)
17,274,391,752
1,395,364,087
3,237,113,566
7,947,595,680

(22,070,587,228)
(343,147,534)
(1,409,993,257)
20,858,302,170
1,081,724,192
(1,883,701,657)
1,199,992,842

4,005,411,375
(12,227,913,278)
(456,335,759)
210,752,189
(8,468,085,473)

3,501,480,271
(10,510,344,524)
(483,038,102)
40,375,761
(7,451,526,594)

1,942,885,904
1,942,885,904

5,981,737,748
5,981,737,748

1,422,396,111
126,334
12,442,102,945
13,864,625,390

(269,796,004)
10,704,519,010
10,434,723,006

1,523,316,915
8,115,950,932
4,068,025,343
149,400,000
7,932,200
13,864,625,390

1,441,463,585
6,153,691,714
2,392,788,307
439,600,000
7,179,400
10,434,723,006

Munshi Abu Zakaria

Neaz Ahmed

Vice President

Managing Director