,^\ At"-AHAFs,ht ISI"AMI BANF'{ L'TP

il# ffffi;
A Rare Combination of Shariah end Modern Banking
 ffi bbl
)

qlE-qrfluFrE ffi <n(T FrF{rFs

rA i:*&dJdL-,
(-.IftTR rs
-,-o)-, U-J
AL.AHAFAH ISLAMI BANK LIMITED
wfis
I

<nqfr( ,{K q.{Ti qxqx)

I

l-
E
 ErryMt{"f
g
qfrErfls
"rft
qt6rqTqi €. cq-g, €q,'biTrTE qrq'r 6E-{I{',ilI{

'{.rq-qfq q1-s"q-q-s_3-$ra qfq nklTE-s

-qfqqf$ \xTRTqE qffr
'iRol-qs
-gTf"Iqfg .fleruq q]TE{]q eikums
"lr66iq
qlqqrq nRTq qmq eiRD-rE-s

qrtqrE qs qrqrs-fr{ {Err{m aGa+ tfrb-lq-$

q1-Eqrq \.fir1-4 :rrraT Glrfl i .rRut-irs
qqRlg .g-tg &, €\, ql"{.E{ {S lf;nr.r+
snqqt-g cvra'wrE-q ffi tkurq-s
qr{atq TQ,{IE qrp< 'rRb-t'q-s
orra-{t-g c:[ts <ia-[ fu'{T {R-ErE-<F
qlERt-q c,ils qq-qrn fr-{] qkflE-s
qmqrq a.-rcr{.q crTs e:{[jil.E E{ti ..ifrtri-{s
qf"lqfs: C.Tt3 {fE {S f<um+
qrrEqrq Grte qtr{IsR a{rclT{ {RD-rq-s
qrqiflq +1t$i cnra ffin-q< TE{I{
'rRurr+
w{qlq :Tra qer.r.a rTsrilrR
'rkurq-+
snErq {qrrq'i{TR{T
'iRD"rqs
vr<qrg <ec< TETH otkulErs
ql{-{rq Tqxrq- I^lqq{< Tqfl-{ erkole-s
qrgE T-s]fr<
-q-rq-qrg erRb-E-s
qTqqrq orfi qr< srBqr<
'rkbT{s
qrqelq .I{tTt-? iFq{< <q{'H
nfuiET
qiqqq ,5lrtq qrqq
<I{gtell1 'fku-fq-s
 .rftTLEntFrry

-lr{{E EIftq xtsErdt w&g{ {s 6D-{r<-jrfi{

{r€qnl {frBFd {ra IlTTq.i

rl€qlTl :{rqTE=q qr{T{ q'q'ql

'5fl€Er{T
T+-e q.l<nq {rft q.q-{i

{r\3qrqT tB{T q-qq r&n l{q''Ei

q-qr< rr'fr -irq'T{ <a!{F qq-ql
q*ff{ €, Cq-$, ,!{, -flq{{ qfq{ qra{I
 .{R<
Frfrfr-tq qtfrq<
cqts {<llq
{r{qt"ril {frFH-$
qmE ql'qrq

frfrsT
frFrs-{ glQ{ cqFrrs+ (s
qt\sqf?K, eB-{c Cot(
Xs T{rrs qmqn Effi e$tBffie
{qnri Fr<iqE Aaom 961 vr, ffi-il <rf-ter-s .lErsl
qmq :rfu{ VQIT DfOI-)ooo I

(, ffi, ,{{, Tq{E {S

qq, Eql qE rsT(
Eff qfiEffiq
nqeq fr.n oxreg
gt?q cefrrsB oBFq, Hfi
T'rifq qrElq
€q, g, q{, QlR.$ <-qsF frqffiTtr cr{-{T
{s:F-< <-fl'r{ cu1fft :s), qtBRtq <tfEerc qElol
6ap4la c<€{l< trl+]-)ooo, <Tie]-ffi''l t

6?F-q B 9eQ.8ob ALBM BJ

{s (9lsl-6-{ c{irrfl
(+,r-{ S l"iefrqg bcSbool. btgo)blz. bC\9qvUC
: qFg< Tq{rd
...............r

bC'g'D-C)8. bCVqy)b
TIlg 3 Ubo-l-bOUb.:O)

,rqE tft rsrQq cerffi

Tqrilr4 flf{lw-{ cqrcq{
filTe G't.lslr qrQ-{F

TaITli 1IS-{< <-{{Ia

nqprtra fro.ry< Ta{r+
qrfr cq{q'rBc qrqqq
TEfqq TIE-lc13 ({tIvT{

Tqnnq
qieotis otfr
€, (Qr, qn. {q1
c{'f3 (!EjIE qs

orr*] qfr qqnq

o, qQD, qr. q.Rffu q.m{ 651{-<I
 eT <tFrS i{t<J-{"r qsFt

q? m( ffi qqlq s-fl {l(q G, qrE-qr<TTt-{ ffi frfr(ts-q< er <lfts a{r<6i {gI q1unfr )a. nTE
<nqre

)bbu 1qqfua;a {Ttl 's-rro bm <nqrq< arfi affiq{, )s5, :{fuRls <r.cGirs (qlol. ororr q-{6-o qx I

qt1FrturuGa
5 r 5v crrcfs-<, :sss EtRc{ q$s (fl(rs-{ q{ qtffs ct{r<q qq-< o.riR-a<ft qfr+-<n r

Q. r j: fuCqg{. >uq orkrq ffflS <q--rT< <ffiErT frB e q1s-Cqfs-q1{ Rqm e<( irm E'f< "ikun.+ "irfA \B
frfirr+rm qiGr<tr eqcl \s 'q{rrlh-d r

eI <fi(m< q(skk< lu ffi c{lEl({s '|ft'lET133 'q<'{<Qeoi s T;ls fi-{tu-q I

8I fr?fp-s frCil1 €<( g;r&K "flfiIfr$ fr(mq r

cI {sl"iGK qTre€.-cr qilw ,fr's-{ I

illtrs< q+q qrdis ri-{'Erqrsr<-cs v-1tq"1ti+ Es"- :rct< {?fi}TTm E"fRs qlsT< qfl q1r,{lt{ +-Tt<]-(q r

rrrRqe u<;i. {kurqr ficq-{ frri"ltrd{

ft.sTrfr )b, )bbq 1m"a vtRgt<q{rq)
:ryG-{
€
srerT cqFrcsB
 qft4-T ffiT{qT
'rRErdrs

frqGr5TRr-65:rrfr< afu'x
c1s ,sq(q1 ffin lrrqrrq-< {ifr.s q.1sR EtlE-K wli r .nfu ,.!<i T'il <ft\o c{r TIT{ Tqr$q (:{s) €<( 6r< <(-lir< s
r,r.RfAeir"K $rf< 1

qr{Tr6il{ qrdilt{-.i
ejar (q16$ W?fa1[h{ q-€{r4 -."O1 <ffto qqm{ Ss-lT (1Pl q{mf E.FTFq d<q qstg qf'T(d{ {r-el
{}5p*a "Bf\fq-<
qt"iiT&*{ iilTrd ffi,:-r< qrd-qrqr&-o q-{Er< qmfr$ qrfro on{o.m< xifug {EmrqR <il(@< )bbq {r[q< f;?"fu-o
q.ffiir fr_<-<ft rs Eil'e--rr'flca Rqx c"n"i+<& r

rxeffi$'q<qi
ftrrrc qrrg<ilq c:rB eTfu-< (fufigft) {t'{ c.eo% r<nf oEt {tlrcQ r )bbo-)bbs
qi <E< g<
"mirrym{rtt-q <p-r<
nfrTl"tEe c.eo% r $< cr-< qffil Gs{rh6 e+qt{ V,fr+r "neil srf,Es ,4 (sr€ eTk l.'eo% 1fr ,* v'e;616
3
qd <pz< o-'o% s
sr;n qtfu6{-6q I Frfl {tco effr< {r{ )bba-)bbv qd <qi:<< c.ir% cqlr$ t.oo%-ql{ c{m )bbs-bq
6{- aE li;nsi,
c{rjr €rqrq rFrgfrfuffi"s-fiq<T(E € rxrq c-{{fleftfrrTflqqr+(r"m{m"tIE4TrcQ reT "}r
qfr<e(-{< nE qlT:raq ;5GQ fr?n
11Tfu$ flIq q{'r6lq. R51sEqttqq, 1k<qq s fts<q, dh-oNfqc-o'n e<(fr;rH
rR?fi-s c<TRFF.rft enrl$-l frfr(.{.rcr'f q{tm qmcc-{ I )bbg-b1
qd <qm ftIhT-t <T-sTft 6q1-$ tr7-TF qiT aE-r15 88)b
FfEa"q unn r 11<6 <qL-< {r{ "iRxiq &.{ eubt
jifrT-{ rdTa r q{< frr+. >sts-bq qd <qr< qnF]e {.7 "-.ilr eailP
c)\o fi1'ft's4 s4K r Tf,{""""""'fi <q6E (8 qlp <ir{< eifuct kE sbt) FrfrTa vER I

s-qffi <fi(sqTp.{ ffitr Tf6fi <W.s< trrq 8v)bes frFir{ (qfs 1& cflrr )bbq 4F< a-I< t)oGeb.eo
r1q6 1fuflq
grElsa"i ffi;rri'j ff
frFli]a. Erem c{rp r .!r+G Tffi <q(-<{ )s.s)% e< E.cE e$ srilF )o.ae% ,
<q-cr<
q7-'K
ebqeob frFpq e,r+ 1fr car61 )bbq rTlco< c-lcs Slge\).qo frRlta Br€FT Eilo EIl.-aE i
<Ei<< )t.o's% s<

qr-.r "ni,rrfu+f?t-ri -<q;< € (srq 5o.o1% q-ge qffi {cTr-rQ r <ll(sil-{Cq< cilD {ierm
q(?,T )bbq Fz.K o) fuflE<

clfuq cr\eo frro {rr fifu-cqcq r

qFmq-{ <-fiqrsr frr.m ffiE-i

s) qrE-q.r<tTR Eqq.fi <itRr frfrL<Iq qtc{< 10% qxrqt5rcq-{ n-c{i <Bd 6{I E{. qo% <Kqflifl ft ft{il< <Tr 4-<l
qn I q"{mErrh-{ qlsdfr]] El[< T{TI €l6.Td (<"
e{. (<. q<,fii? )o% Etis 6r6qrT qlrefu oqRrq q{I il{l
e-tl-q-Fi-s {t-j a({q;6j w{l q?I|r{ frfrC.ffiuK B-S{ <I{$"f{l
qf,iF;{,'l'isEirc< <l<]-\erFs I

qqft, 6q:F-{ff<RI, ap-nviw'ro, {iQ-rTHF ffi $fu+ q-{-<Fq qnfu r q{ sefi{ €rl-{s
C{-.{f-c{Fr fr"Frmtq
"i) qfuf<s .-fid ftE qFTir o{rs'r(-{ dl r {
<{tq-Tcl ffimE "rfrr"n<;fl ffi-6qg Tt(s ,! cwr.q fr,fiks {qwr<
+-K(q qfql+x F6mlfl $1b< fir.rllq € €rcllw{ ft+"r-ca <rf(TT6
qlbfrG rs-6q q<"E?=i <t{(9 E{ | {PM €fi?
rslo rrcfl{< Rfr.cq.r"f< {flo|]r<€ <il(s-cs qr] rr,\rd ql:q(s q{'r fufrcmrur< E'r< <nsF< si{s< \5gK{E <-qE
ilqts q{ <16o frfrr$'i esr<&G {c{ <rl(rs-< atd Tn qI qrc flrf,< I

qlzr I \5I< q cwrq rrotR.+sn<E slfrnm

E) Eoi(r o "rqfu <ta-o flqT {qrfl{ u<i1.imRet flafurse frftcml oc<
(oll{+).{Q'i-+[rE <lereTrr fit,o:rrn +Cmsn< q{T<"is-T's qT] I

.d) q- 'sarfhfl s {n<13i i}fuTm13 qQrE 'q{t qEq .!<( EqK1<f '€ {"lKm q6fu68 1?frmluf o{K 4.K({ '{f{{
<1(+K e11o= e?Fmq q-{s< +13 q<(i-pa aga Bcryot 1E qu ,
 's) crr< +rfio-4ffir+ qtrq-< eirolFs fi<rr ffi
<TI(rs-< qiFer -IfuK frfuqmrz+ qnr{q +r< EqrE {s r e
s.mq aiqfr-+ FBrrt {irfu eqmfil-< fr--rr"f !?6 €<(,rll{o 5aqK I..lII..rcr;T 116 ;

Tqq{
<il(r+3 flfimltrc -Ftr{ )bbcr qlcq< c-l{ ;nefiq )o).a. frffl-{ Bl-om s"rffi cirrs I
1l<l-fi &ft >rqgo o{K ECs;
c{l-{q ri-{l< Q{r< :T}<rrq ,ik(TIi?rE {ry(r{ )ts.co fqfuT{ BrcT{
$ sBI< <t{Et c;rri ErIrq r \5rqrq {fler x{'({.< )[-ct
"fl<fr-s qfifrs (lpo) €< {T{rN Tq<.rffi ffi q-qTs +-<r< firset.zrcci+-<r ecfie r

tsT-{l

)bbq cffi{ e) fucw< <fis(€< mtB sqm qfrilq a.\8a'.ec frhT{ Dr+.l:r B"rqls qnnq, .:> fuccr< )bb\9 .51fr(q (<
"ik;wq &E )soc.ss ffigq Dr+r :rro r <l-fsft( rq=f-a< s crwE q-{q-< qt-< fqd 5o.oe,Tc s<( q.Frfth.3 qffii< q,'< kd
1a.% i '+t q(q-({<
Fqi {fl(?F tsmc^q; frEfufq\5 6trqTq bt-{ <rIT(q I

). Tnmr<l cwffil q.+i) q-qt

q. qft=s {qlq arn fBfu+ a <qr cq-ilft q{t
c. stfu+ 1r]rrc,i qq .qnl
s. -en +rfia Eq cm
a. rlqml<T qscfr e ffirnfl qni
<r1s e,:slrc<l Ski{\o fr:rqTq< llit16 ir6<r1tx;ri
",ftaq 6!i qiqe <;rr(e r 3;rg1g €T< f1a qrr<}
-s.a|qrr q1E .{<R

I rrl-s *'rcq-{ Tfwr rtt(T <g qlrs< q;{ }r(a? +-<-rs flt{r< <.rE ql.fi +.<T q(q I "I"Er{rfl cscfil q'{t € fr<R eis-d"
tE +<K FmrE <ti(r?r< )Tfur fiffi}-{i0ra <r:*rq r

-fb3 yrs'q$.F qlqfi .:> fucqr< >ttq srErcrl <l]ir+< q{l< 'ifr{q cn{m]{El s

qr$r< qrqrft q{r

1{th-<r+ }rcm)
qrsr{ fta-5q{ q"rBT qfr'{rq
Qooo )lb-bb 9i..69o
Coo) )oooo )bkc
)ooo) lOooo sEgc bc.)bc
Q.Ooo ) Qoooo )oo8 s).bqb
6aoo ) \ooooo )obb )08.C) q

i )oooo5 {ooooo qt8 ) )a.. t8b-

I loooo) \)ooooo 8)b )Qo.bU)
r?oooo) Sooooo 6\ \L6

8 oooo) Qooooo \c Bb-.8 )C

Coooo ) )oooooo asq \\3g.C8b
)ooooo) Q.Gooooo ggQ..qb\9
\Goooo) Coooooo 8q )bo.\9 tb
I cooooo) 1(ooooo \q ))i9.Coo
l0oooo) Soooooort )6 )Brr.16o
\ooe..toroo\ Qoooooao )o ec'8.c9)
tooooo,;\ )o,ooooooo o) 9o.ob9
\or'oooc,,\ {<( \5E{ )ob.bo8
Il )
i.tb c ) a.i8 C.e8\9
qrq1r ffiE\o cs. E"t553 qrs qrq {q66q1 qq6 F6 WB trJrq r elurift frcq rs qp<f qaeicrRE'eifl q6(q {eril
{r.{i<(E Ir wmrfta r

frF-cstut
qrl{
F-+ fr#ni q<i frsi-{ fi}fuI"m Er$"tft <rtss "6tmE-aa}-a <ec< cqB .el.es.aa frfr={ra Drol ffimr", <'z<': 13'Q
i<firs{q qirl{ {r{,(q )8bb.bo frfrI.a Drot e<( e).)a..)bbc rrrfrrrx kFnqrq
q.&IFCs 518c 'c8 ffi;
-6T
'i 1ffi
qqt.>a frfu-{ Br+t .{rs-(q 5o.o1% qr,r1T qrk3 qro wNrcr< e1k< eI< <"4 )i8 'co% r

<qGK ,!aE E.rkc{ Eq r

:iffi
<rqr <rFnsl qrq+A qR-fl',r fr-<rq sr< I '!sq-'lrq€ <fiqtT-{ <J-<{?Fi € F+r st<l-<
ftEio <q6T sc;s
+:ffirf+-fu-€lrr< ;'T{frg ,n-+lfuF fr-{d{ ercBK ffir$fl-qra {l€{"i<
qfu 1fr ctmce r froi-s <qz< <ll:'F<
?fut't
dz7'a
qKl< "flrf,q fti<-flqe fu-6 "rEfslo fixr<A fuq r cq sl-t 6QT' <If14 {tiTr<','E-=?
T{iERt. < {-1qtwfo €<( gai
,!?flI{ Erg?i] 6q. pffsaIe qnfr e-e-:a ff6;*
Frftrql1rK Eiqrfi qrqqr,ais q\5s] s aqls.rsHpr{qR-{ crilq s<Iq I
q{< erfiE Br"fl{c{q] qkxlq ffi'41'r' qFG T<i {q<
x'qGmi:rgpn f3fu+- ftF{mfl q-+E 6<Ttq-{emglEls Fr+cs €<q
I

?';< 7o
q[sl-< s
"nssvti]
ffimrr .l<( T]fs{s qmfr frFnqE er+g e >q-{&qAEmf frftT eocg <,Bs ?riii:r
gr.'ia +-<l-<qtg

qrs'K w{Nfr FrRc-qlE

1frfrw Dta.N)

qrsrd ftqgqq1'qi1 'rf<qTq

c.o8b
Qooo

Coo ) Soooo )\9 )

c\8 )o.8o)
)ooo) QGooo

)bo b-.o16
\c'oo ) Qoooo

ooooo 9.18s
Oooo ) )

) oc,oo ) {ooooo a\o

.\ i '.
{oooo ) \)ooooo )8o

goooo ) Sooooo
a. \..
8 oooo ) Qooooo

Ooooo ) )oooooo t8)

i.Oooooo
eqq.bos
)ooooo)
a.'Er). )) )
Q.Ooooo ) Qaeoaoc

Qooooo> 9,Qooooo

90oooo ) \ooooooo
11 \ a \'-s
\oooooo\ ir<( oT,i
,_.1 lo 1'0" ) 18t.G8o
I u
 "tl\6
€TIft RRc-$"f
frf4w EtoN
cfr-s {( frfoqrcur< "ns qRqtq

Efr )bC.obb
4.. l{(Ts )oo.bB8
(e-l-qi 65E 99.b9o
8. fiisrflqrqcsl rlti a.c.88c'
G. frcNq edt 1b.1gc
fr"t <frq ) ca.. q qc
q (D-qultE G8.GoC'

v. fi(Ia.q )ol.8b9
b. c{H qE \o.A'8G
)o. s1"iv \91.1\)o
qr q{ +s, mffB, Rfi ftE )o ).tVG
+.IEI Q.Q..b9o

)e {l{-{{ ig qcilf}rqrdB cB a.b.c )c

)8. {tqEfr-s E<l bg.c10
)c'. rf{ 8_t.Cob
wq Q.. loo
)1. ftBfr c<&-{ ce.t)c
)8. Cffi "ffEst< 98.8t9o
)b. &-{t Q.8.Ctlo

ft-<fr-S s.qa6lpA-g1 g)
Qo. "e80
t). sPrGit< \3 T&ttt< ffift qe.gog
d"iqmn{-{ g.9oo

W{DIR u.)\9q
\8. qgm oilV s qlEt-{ fr"s a.). q9\9

cl{ 8 ).oCU
Erq-oCIp € tffifrs q"H€) 90.19C
I{-gq lers 8C.b8C
{Er. "rlsvR fu< 9\.bb-o
tb. TT6T4'16 E EI{fl <Rtrlll )b.c1c
qB< {itrrq )b.c)c
frs V.too
sr< )9.)eo
D.TEE c.ggc
\98. frw ctrq< {o)C
9c. 6r<6i b.Coo
ffia 3Q 1ga 9.Goo
,6 0 q{rFr ibg.cb)
flI? ) 18C'.C8 q

ri
 +teFo irmft RFrcrrut
<tfl{ "tRcT"i qRqt"i
@fr'-s nI"II<t 4I{ RqRT({lT '[s{r{
). {GRrq 18 9.ob) B.oGU

q.x$<]q q"ooo 8.8 co

4..
rn aQO
35Tf a.)a e.bEb
8. ITr{'F Gt ). )9b o.1\4.
qlEftI \ k.r-q
c. ub \.evt
166 ).ci.s o.9Gb
<sv_t
q8 ).c8c o.bbo
1. Tisi-frft
o.GtC
b. <k r{ o.Cg\9

b. qffi61;s o.lo 1 o. )bl

)o. Us-{r c.a.t9a. c.l9b
T<r<$ ffirs o.olo o.o 18

fllt c8e a.8.v1u

TrT&Tffieft-sRGrsr{
@ft-r :[an-{ i't{ Rqt< qs"ltt <+rffi tRcFf {eqf{ qftTroi

I o.)10 o..9bb
{GRE
4.. ffi<mr< 1 o.51C o.)BC

35.{r c o.){6 o. otsQ.

IT'TE5 )) o.8to o.99b

8.
c. o.\9oo o.lb8
"fl8q1tr
e qqf;r c<rs' t a.aQo o.oCb

t. {lq.fia t o. oco o.o8 1

o(')
t. <k{r{ o.r>Qo o.

\9\3< l ) o.olG o.o{b.

ffiKT{ o.oQ.Q. o.o{8

)o.
mtt c cq ).s a.l ).ca.c

.'Tg <I{'{l3' frfrm",i " efsg uq +r<Ce ,{<( q&frg; gilnf{E Elv..I q-]-<.$ SIfb Bffi eoooo,r= {1s;
<fiqrefts.lTc1i
q+eo
frfoj1q T<5q | ftg qm<R affi66q <nirs-{ c+iq. tl"fi {t al"f+1l,$frq frfrcrr'f €r+E ur{ "m<ft r i5r< Qm5r1<i
qr{
sT-flB qu,fs Td qCT(q q<(sql<{r{+Ifr €rqrB-< {qi<\g]a <ErtTo'Strq Et <lir{K{ s-fl I

llE5qfirc Tri.rgTl
qrqD-, <qc< <fi(r+-< qrnqfi <lfakgir< etfuq qts-R teqa.s.c\e frfr'rq Bf+N r Ra-o <W< €< {kfit EE )oeo.lo
frfr:rq Drot r e 6srq c{B sTk< q-{ a')e% I qq-< ftrs <fl(rf,{ <glfr <rflrer-< tkqrq <q'fi be'so frfrrE
"iffi
fi;al 6r6q 1k ,"rr-< aba..)a. frBrq DrcT{ cS-5 qrr6e r ,.! (q-rq t{<-6 <qK-< Eflf{ fk-{ qlK eob% r +rEq'fre;a
q{
Ttl(s -fi?I|< q-.t<jrq fu{itft.{IE-$1h3 aFql 1fiEqr]< sr IrsN(<i'qwk<rrr sgcem +ni+. tsrstd <fl(s, <jl(T
Dfte fiffifr, etq eq ftft flt"ilB{H !sEBU--n. {H.rrs eFt+r fr;, rsfu.qr+fuG erqrt <rt<o o {itqo pffi
"6t
+<fi wetTL<q"rrsB fim{q eG6l4"TlRl{Q r€fR+(h.3 C{ <{nr{ dR{B ets E5'l a{C?iqN-{f $r<qqrsts
-n=,r<

\B €(gTfi kmfi qtrTf ft-.s\5 +<rs qt& I {q{t <il(T

q{ c{eiE q<(TftlT q{ Vtfrd.( 4T;cl qffifr fredHT efufti5 << r
q{lrq &E?B c{, qt-rEtE-J <qC{ qm <n'r+-qr{ k(F.Frs <IArcTi {ffiRrr{ nR eqq qq-ffi qs-sr{ {rcat ?<mFr <l.fqqi
"ifrilq;q rer-< qfq& i q'rF-sK q'fcat ?{CTFr+ <.IfercTr flkilE;rlK sT{"cct<il(r+< qG qrfifr s <$froK+et"t1p v1-q1 64aq
+-{cq;r e<( ftn slnrs:i{ s-cq<< <fr "lr6q i

q-qr{ Bq< <fr.e {,Er€t s

qrl-+fi',m-<rs qks q.[< TiFFl, qEIrI{ ''Bffirf qr{rE :<Rr< <i1q(o{ frfrmfE qn-s-< qc% -Mq-f
{qf<Fl q:il4.lfu[q<
:rc<r <E-< s-Rt{cTrp i frfuI er+l< qEtK s,i< <fris
{T|ok Rt<'sry l]l-d <fu\o {qrar< qta{< wcal gqql+r< fucr< qm
eq-f{ Tfi Eme

u;fro ql sT{r{ {{{ )bbs ff6E <frE )bbq {rrq <frio

{-{Tt-< qi< {{lTK qr{
o) xqlTlTl csfr qqT q,oir% q.sr%
ol MTr<I rrv I[lq msffr qm S.i:U% )o.a.9%
vKKI a.8 {l{ oxrfil qql b.)b% \o.oQ%
o8 {qKr{r )t {l-{ fl$fr sT.l b.oo% s.va%
ot {qlTKf \e\rq crmfr qql b.st% b.8B%
Tq-f{m e :if{ fi-flfr q{i v.\a% s.oc%
o9 {Ti<iqr eq,€q,fu. \9.ib-% r:.Cb%
oV vtft'+ erefr frlicqlul5:{t b.)b% )o.oQ%
ob r^lfro 1;ll<-"l el.I;r fu
nrfr om b.a1% )o.89%
)o Tl,trs ffi ffic+ ca-gpr s.va% )o.11%
=-+
{tfrs ftfu &fur qq qqt b.b8% \o.V\%
qqo6h q q{f )o.rrl% )).e)%

T-ffqs-E <Bq e
.r) &mr<, tc q.kcq r{ts <q-r< qT(s stu)v:rru-/- }t+t ftE yry6 qref,q +e<rq r <-fl(rq< qrtrr FFierq< T-E|$-r{'"{
c.]-<-q{rnE 6r*q-
frFxq lmm
o1:r+ q( fr<-<q e).)q.bq e5.)Q..bs
)r mtB qtx )bg.)cE Co.b11
a.r Tk q{r< s"r< <fuu I3]p1 ca..8bb )g.Q.ob
<ln C<-\9lsi\5T € q{rffl {{F cs.lc1 9o.oE)
5t X{IFI 91.8o1 8.,9U q

ct {.{lTI <E-{
s) qT-s-< e.g.bbg ).1ta.
?r) frfk<-{ qfuG )e.88U o.b91
{) er6qn 6r{H 6.lTl{ Q.G.rloo

s) w<ffi\o qH ).98e .o81

{frprq,s '|dzq'r rwl :

)bbq {lrE 'ikulq-$ "f{cqK >cfr rq sT6E qrlIq I qqiVl e&frBBs =rffi s qilllr affi Gq-{ frqffi sfrB
ffi {frffi Eislrs ct{rd c{c{ t<bm frAE {rrce r

I
:l"l-;fq q*{q
q'=:i''
=ar=< 3 ;qofr
1{srr< <rrt+ "rkul_{il{ q-{I E-s $.ffift 'rry cq-{]-< Grql-r c1 frR sfuf6E".
qftq'R frr$q T-fl {crre r $tr-q&( ETW< <fcq' e).)r..bq stkc{ <rtsr+-{ ffin qfifu c: r 5;i ?=77l-; -ffi
.tl?fi ({lf,F scr 3'' ?; :'Tln
<q513 cir3 q {(?m &q >q> gT{ 1 frr1qlq rfl"fiT{m <|{c] qtqFq q<(TET =;=?
$-{6u qr< I quEm-r$ q{$q q<( <flqft( q&E-sr q',r* q-fifu frrflrum qro?T un'ffi <-.8 r.1T E==- <rl?t
Tftrtflm g.l<l R[uT(q-< ?fi1iIRT{ frco "fn-< I s) &(Iq<, 'lq glkc{q-flfu< flqe q-iflfr ftqe =:-1-
i:- == r'<r
ffio

ofr-+ q( "lIrft {("IT

frGr< etQq cqFmsB 8

sRq cerfr-'csB
\\^

rs qcfr
8. qFm,'tB eEr (efr'cst
c. frfiT{ l-qB"nq qfrril<
frfr'fiE qftq< )8
L frfir-{ qftiTK b
V. qftqm \98

b. EIflTIft qftqTR a.

)o. {qTfii qf+qK Gas-) qa

)). {{sTa} qrfqt{ 6{s-a. )b
)4.. rr{st<t ql+='ql{ cas-s ))c
)e. q{Blq cg
q
)8. u-R-xal<
fllB r9Q.o

errq4 eryE;
<I(o esB cmrTft qf*$]s lrqfu ql-fli-{ q<(Ea; cr<l< E'i{ ${Frs e<PE cer-a r {aq-fi1<Tl<rE< 7az <t-
I QaqF
qn-+ SR-+ effifq, I q s-KC"f ,{r{-+m<rT E-S, qfrq, flfS< .!<(E-{s fi-<1 eqrcfi s61 ofl7fficf ,Aqq sT'l q6p ;:t<f
qftcs1rq offitra, rqE qM.{r{sc{fl qlc{tq$ sr< cu]-{K ffi
'i"FF c{Fiq {vffi eqr+ "i5r-o-<= =i:=;rE
sffibK {&tr s-{K ffi cfuT-qm frr<r{ +? qcq. r

*i"l<lt :rfp3-qTfr'ct
qfla qi?rTs {f{I-rs ffi <nG( q< Ws\5H q]-{]< q-{I }i1"fi fr(r]-(-T< q{f$s efcEAl5]-{lrTl qaq I 'rk:-a< ?=7;-;
.|1rff ql"il-{ frr"H qTsft r .:) BrrIs<, bc \5IRr{ dsrs-{.ll{l-< xt?m &q a." r u-qfu qm )cfr E-r{ r-2; :r5< 51,
q$qlqCd-< q(fls-lT <,ITIP i*ir-i=r';1'.3;
{Cg1tC<l 1qlsel fiTtqCT5q q<( € E[T] (e|rffs q'fmqq <lSSICh-l$lCfS-{
}tI1T'fiIlqK sEl <J<E q?ci .<',E3
cqro >cfr.fi{t ({r{R ftBqro xqG "ttr:<r< cftet qTrda mrftg qs-< $9l{G qrc{

.tF"lxq e {siq'i]
6{ crt-d a;fnfurs <itrs qF6qqlg Es gT{"ifu< qqffi( s difr-+ el.TrqfrT\9=| <rrcq I erm c^Ea ;;-5 .u-l;fi
ffi <fl..o 'iRDr-{-{K qqi qFNr.k ficq crcetffifr-s-w< {ut6o q{tfu q1-$ .{ft srql{ e ercmoix cQ;ffi
{lTC{ 5ac{ qFCfl <1lfti e< frfutr <rs{ fi-s q<( ?n-&T "F fdcq< E"r< eFisq e ffip;riq' <! 'ffi c'= :':it
qdrcqTx]qr{ <w"< :'rfr ftft1qFttq 66pi etkurq-ql F<'t qcfiq I

frfrtr ffia< a.uq qa qFwq qt-fl< q-ll )s8 s{ ft-Ecq >sba) {t+{ qA q"tr{ <lr <.-<- iBiP i

"trs"1ht'ufrrc
qq1€fqffi1"i frif{ Eqrflq Efi1'qn rtcat q{1 qFis"f sqGrc <fi"t+-srr< q(}tfirrcQl r qmfuo+ls Gt'r ca=i
)Goo e1 e Bs< cqfrE sofl<rs tfu-of q*ffq-qt sr+cq <l <llsr<t{ s-fst-T{ +ftf/ffir €<i -5-F+ <x?:. s
qgtsrdfi< ffi
e-.r(4 S .fumae r gFmq s elc<s.fi e4lrsfr ufr frr"N q'{t g frFrc{f'i eRrfl"< E"x <+. tr 1ia
els.l.f ofilcq r
 E"ra Fmfi.o qftrr<-F <cr | 6siR< € ql{6-fi qfftq
erq-q rE1m <.fisrf,{ ddq;{ e+ s-{K Tfs("t {kQ T-{qlr{-{ "r<
qlr{l5il S-{l E{ I

etrisq s ,6ffr6gi"f{' oq$ {NQ-s Tfttl-f icg ys-R, q-r-tf fE sTrq q<( qq'$€fq"i-oftI(,-{ iqeT 1F-s6-{"{
qillTcr q\'.rs qrirq{'
{Ec{rq r >it<Fqgtr< cf+rfrrre.:fiilArqK <tfu-r qlF{cq e "iffi t@f w r sH Fmfrs {ffiq
qrdt"tR ofi+-rttf+:furfrcq< l-c<r <t'xn <ilsft( erffifqr{<
R64 A64 {qF{fr (x:) e< {Sfq< qry"isi +T(s BF sc{€{ r
wcq q-{ftfr{ {Fs*lx 6rrfl qqrfi ffis qt{q @ql'ts Ift "ir(q, {,I cfuQ a{(I'R cfl'ff t

frft'sl e 'rRqft
ilTrq <V'tt{.l, GlI-{ {ffiH, ql$fflq,
frfrsi {Rr..Iq e,f ffc{B ca|rs fr&$o -nc[ frArfi e "iMr 4-<.tq(q r )bbt
rs

ffi <fq[<, {]Eqriw, Fr6{8, <eg.I. flq."ffQ e <R-tltt'ii"fi frAq{ s tffi w1g qrTlcq r fr?xt fu"flrf,< &futr
1l?ls{q q6rr e gn-etfu figfr-so<.t s xqrxit{m< qqrs?i €rqq Tr<rq I c<rT{
qfinr s yn-otfu E'rRs FFr@
qerr{lF-{ qs< qgfr cqerq'tFmfr-rce'<q s q(r'fi{r;i{ qdl ?lT<flfr q"flRE <r{cq I

q&w qfuE s{s6t/ffi fir-sft"R {t<l-cq frAql s eiRla"fq Cl]fcrBrs lfu'ffi s-<T E(q {rcs -ll{K Yn-qTfu
q'{-ms <I<--qr"Hr< l-qr<, €r{ <I|srf,{ ?.1d qs<sr"K eir4(s'l QR"l o<I rIE t

-rfuqrcIBfrffi-{ +.Ffuq
<;l(ors er{Tfr frellel c{tstc{.s {kDTq-ql< wqt {ftTf< TlBe--{ {.fus ercuA ufqlIa I <.fi(s <I{{"Fl{ carrs eFF

frft-* qrc{ RfrF frrrl -ifrTR qBrE 51€{t qcT6q ,{<(.ifr'sr< $.rBFffi €TR fllsrc<-s 6rft3 rsi{E frcIrq{ I )bb1
qtrq {ft{r{ T]BfrE .Y (w) E q-sm frAE q{- |

.iaTlq 4]EFi-{ ffiT s]q-sr{.1-qTr{{ eI{I'i {ar-Frcd-{ Br&-./.11 {fuRfE, qletKlq, ffi <fqr< € aq-[a 'gq1 qfra{E
+r< Erri-{ l"nft^{l"K|q."1 rrq <tEEl"F{l +-s"rt< FrcE qGrfi-{ ('r'i$r<cE{ I

eif<rrfq-s ffitE-{
csx frk< su fiii 6qtiot6s clff{"tqglT r qa affia6 q<'a-{ qR{ s-<r<{ e<(Effl {-$r{e 5e ffiur+< qql c{l'f
kr<Gs cr<{ r

fi:f;rrru
!v!vr,vv "o
,iRDiq-sq{q :tsq ql-c{< tsT-fl cHr<. cqr€"1-{'f6rrf qa% ql-C{ &fuIs-s ,qqr;K ltrkt srrcq{ r ee Fws E{ 6{, 4?
efuss ctTI{ C{fs11'i"fcs C{f{c cm6 fu1-53. eq;{ ffiT E64 I qE fi516v (fi|{ C{e1-<'i-c"f{ qTdq AI{'fq{ fr{lT
qsrlrl-fi q-ql Eqqlfl{ s-KlqrEI I

e.rrols'm c
qrqRfiEfr6R r xftifuqn qtoR( Glq{-<]fi-F )bhl c]-m <iTi+ ioK $frlrcF {+-{ cFcE E-reotmt"n q{"fG sls
srrcq I q $rfu <fi(r+T sfflrs< frfrX wc< crda re qqcllf}rst enfc{T qq qkufry+ qda-qtE.{, <l(Emri <fl(s ffi
s<( ft&F {-{+1fr c(q6 qG <-{f{m E-t"rl srcq I e1fry;E-E afiqsr$ ffiTR ffiEfr<s ffiur+*n fts ffilq'f
ffi
eqffi{ wqi .tfr{e F.Efrrq<rg q-lsFils<cq r

g'fE F{1FCq-<'q-{I {ft(rs< q-s-{ Er{{ ${s61ffi cs fr-{i-c ercu?f r: sfitt fr€t< srTrq{
'ifrr"lm, "nfr-qfr+ft-q <qcn
cc q-fl "iREEs qfr \dI[< Q.fqqt e <flr<lq qr{ftq 1 qffi <q< qTt-Tr em PET+r{?
q{7 eldl srcq-< +-.trn qz.E}I
q{iRE <l{K-{ <cE "ikD=Hs "rr{n- qr'n c{Fct s-{cE r

qlr qr-f,R q{fI[{ fuE,

iffitrr< c{.<t q<( -ifrflq flIot6s <rtiT qk56qx qr1rq< 64 Fra ctdFT q€tw< R\3{I{
i+{rr<q s rcE fr-+t-< a<ffi ssfta qrq +-f,{ r wfirqt

qftq'{ qrs
"tfrErq-s
€, QU, q{, .llT{n qlEN
CE{T{M]-{

I
 qr rq'Gr qlEr-qtTttl-q ffi <ilqe ftFrcBs
&q <qc<m qE"t&-T
"t&-Tl-q

@Fa-* Aot{)

fr-q{q )bba )bbv

q*ilfrs {nfl )ooo.oo )ooo.oo )ooo.oo

,ifrmtfnio )o).Q.o )o ).Qo )o).Q.o

{Ei;E
qf*,t sqkq (kfrc{T'r xlrercrrql <.6 D-

q{I lo 5.8 G )"\9oC.g\} Q.,Q.6g.gC

1?frcrt'i )a..8b q qb. )s ). q8 c.68

qTInfr <t,fifqr ),o\)o.lo s,l\i..8c

<rrst& <]nT ql h9.9o 1:) ):
cqlD ql{ ).\9q Go.btr \\'- \:
+< T{ Nqrci ( ).bb-) 8.9b

orlalF{ e qfa3& aftq {aF.].r .oC 19.o1

\a
{flsKcr eqH (qlT-$<) \ o\ -.

E*\rX(-l (%) \,'.'

CTIE q- I 65b.bo 1,8 )q.h) \9,b\99.{c

qfr cqq c.)e )b.bb j1

-
/>

cintTrql@1-<-q< c(?m {s
srffit € re.ffi c$tlt c8 )c) r9Q.o

-lf",T{ qe.?m oG )o qo

xlrtfi e,f; o,J]E o+.fFa )o.bo )9.)o

 '1996

ffi DEPosrr @ TNVESTMENT

(Million Taka)

vo

60

50

4U

30

2A

IU

ffi PRoFtr
 qFT-qtTITR ffi <If<n fre
E{Fsrftffi er?mrqFN\'t)

ffimt?r-r<wr?r rn?c,
qE s<i -a= "? <= t ?rq<
{sE qri(q"t{EF qIflR{ q<(Etrq s qf{|{ q{<s {qmq q6t-gfqqrEltcq €{FTfflfiffi
qRRfch-{ qG r

"iA-rrR olgft-{ )bbq crq ftfr{ mI{

w{ftE s'lBfrr{< frfrn qRrc<-"l-r{' mM t: <I{qre;x i-ac:;' --- tt-
&n"'{srqlirQ <'l(r+-< freI dffi q{ffiu-{tTr{e L!<(
qslc(@ls qmMfiT {.6lrg € "i<tl'i e'=
''FIE '-fr'4
qqGls <llorlz< ?tl =-zqe e
€ <q1 <1(1;4r <V W ;-flq{q "iRq,.fi r-crcQ r qf<-qq +]Bk{ <is(F{ {ftq't
s-{rT$]fr-s qr.{lt-{R qs'l$qcl sm-cQ I

qrF-s- ?=-= qql

-ifrTR s'rBFrq ffiTR ,iRq..f{ ftr"flf q<( )bbq qr+< <fi:q-q'frB e qlg wB fur< {A'fi e-z<
orTrQ 3-

) r Tff{rq e <R-{sw1q Rfrcffi"F c€r{ cfi{ cmrq ffi ffiTR xcs ft-q ftE @E ftq1t a-E1- 1ryp I

t I <ilsT q <q{ ?ffiFfs <tFlrsr qflqTfr -t?KR iie{m Rr"lrc: {'iKffi flEiG <r€<il? <'-<= 'F1E s?f{\3
q-qT -iArr< TIBfr-{ '!<i {'(F< <i<qlent
fqRm qfiq r sf,{, ,4 <l]"ilc{ riArR s-{rrfr {rcT {qe fuKr+{
od"rx qtqlq o?l flfr6{.Tl-cE I

o , *;ft" e {-c( a6g6 €rstai +.j..6q 61' qE <q63 oBfrm< fiRr "1-g1q.{
q-i{tft <il(o qrf,{Iil <z< Eq'r<r<l
"ihfu q-{frET E+ sK"(q I

q-l1 T-ic."ls qlmf ffift qru? qC<a

u,I6.fr-{ q1r1.1 35T6q CI, <il(fs-n q-sE 4.Ffu{.iftffSas 4-<F L

wdq xffto q'fTa{.JT q{] qlTICq-Tr$ gtsfir'=-s 'e frgo Et-{ 6s'-{ t

qr:i{ |

rArRotBfr-cq< trq
T€EIFtt qIEEE qf
(DTEFIT{
 F[frT=€rrril qBr{qr
atrrt .qa-ETi3FTTq
{rffift <rpo ffiois s< s) furqr< >sxq stfoer< aqo @"m e<( .la? offir?r q{ig dEl{{
el,-qrfu< Rqr<, sire -fl"g <r{Eter+Tr-< Frci cq]to qte s egnfrs ffir4a{{ wsYG:ml {i;trE. o1 'fifq +r< ct-:qE
s<i "ldms"{oc<E r

E,1.rr6rf1s 4f,-a6q. fu1-6q< ){|Cq qc{E fl-sl e<( seE sfacq <I{qlq;jl =o{"rrru fi;{} r|{ilqEs 1<re fref<'s
-qmf& Gj*
afu<qrq< Tpql+q )TT(eirs'qE-fl
(o) 'qlrrft.x fi-?l'wr"r< srql €mqiiil ,r<tro \51ti s -<116 qqo c'r:rfu;

(1) <Iqrs< tr{q{, {T q[qfiq3 a.q'(<' €IWq. q <-tl(43 FI\gif{ Ii(<R 4f<E qi'-"ic.;
f,6,. a<rm,r+ qnrta )Xl8-sl ).3o a31U.;rn.if 3lr14lt.,:13 f1;r-,ffa< ?r-::eq;{ir?+ 6se VTirt
ir) a.lEII-,T
{3IQl
(s) ftfu"m s ;rts-fiT$rilr.l< ful< .u[r";m >ltc?rqtfit ffi-r-tl rcft 4<i<xrql
(s) qlT"{T arr-na Eall s <llrn cflGIft .!<?. <mrq{ {tist e €ir5]Ifirg RtslclqTlq $ fi{ml egar@ fi-Er{rl* oE

ffi"ro € qT{tfirs A-fl{{ E1lE-rFfu{ ftar< ,c) furlt< 555q \ilke=i ofqr+a +r'imfi< s<( 4< {TlqiR r\51
e qfiS 5q elr.ia aa<t
(5) qfia faascft6s \e)cl fuarr< >ssq sfurr <tii.1a< af'.r. ",f<@ c I rerkrcq {xfg <Er< qftfu tIqnrm afJs
1iq €{ful"frg RrlIE;
(q) qdiis k{<ctq{q q{r<tst-r< 'Fro ftll<-fifu qT1z< ?oR +<i <Trq;
(q) qflr+ i?a<ftqTq.qerl< l]rciq(.uifu 61:J saiRii{lrtrrirti(s +-."-s.fiATe Rqrqs ffi-1ftaF a';rrn -ft
+-<I RL-TIQI

(<I) wq-m< <nflL< qmqsr.r$ frfrcflt s qirnl q-t.m{ q.u "rfie erfufi ilrl1RISttr:
(s) q1rtr$ fr{<ftqTq <l(El&-rr< (T.flq-E 1brrc-<rrctq--< firq qrEltrd6s6i <liEllq-'i <Its oq-o e,ft.+c eqr-
-r<ql(::.r<
f.r(frc rn o{rtrtn z.fa aa' 56/721
(D) xrlqFtq{q C?r($ efid ry+e r<-q6 e f{fl< {srRelg|t-d qR<.sq e sfig= T'-<t{CTre; s<?'
-U- q3-ITfE EC{(q
(5) qlqg1 Ctr {< sall s <il"n< ercfi61"l 6alr1 4K&. iil CqrqQ.!<i fieIEl qrgTTf,d-4 I

q1eqffi{, Q6{q ce 6slt €q, qFl 4s 6$tq

)rri9 q+ va..!i'ua u6r6.loEEnA"r

srRqe a n"lt' r fisi, <l$1l$1{

I
)bbq q1-6q-"r e)6f &a{T{ {Irtg TqK{

\e qT$ ur+] )bbq \\\,r"

TEffi
Dror frcl
q{mrfrv {E<n ),qpg.-oie,g9! ),9qo.09!.999
eiffi )ooo Biol {rel=< ),ooo.ooofr {I${q c"HT<

\5Eft s ffiffir$51q<-{ )o)loo,ooo )o) {oo.ooo

qffi )coo fi;q lrni< )o)loofi {l{F6l cfiK
:tt+& Eqk{ \e qnrr{r:f*&
frfn<6 FIfs€ft L*""1.,t1
ff"mta .nfuT<q qflrci', | ,rono,r., I

qsq88l)e Q.8 tlbbo

q-fi s q-{rtT, RrfR
..trs FI$;Tr{. e(fififr (Ir-rrfr oqt qes,qiQ.,c,bg \9ec,otc,8 qo
qrc-Frs-fl,l sqftqTfr rscfr qI-.I 8 1\)oo9\911 8o8,o1o.191
Et e--C{ 13T14 qSq.fl-fr qq-6{-s]fi1 q{T a.Q.e.,g8a.,q)c )C8.1o 1.94.b

€ q{I ),9\9q,lbg Q.bk,oOb

rai c san*; t+< l8c,l) 1,C8Q' 8o t.Co 1.o qo

k--r< ftr ort 11q,Vq,8le 8.oa.G,8 a.\

Q.,Q.C),bb\9.b8q ).uoC,9199,b)U
q-ryf;rl <itqfrq 6sl*T1rt, qrgTB W 6tffi r,t{
em-{ frE b),99\3,)Gk ls. q88.6qe
fr4ftg qril 6qrs1r{$ 6{ m fr{ qq-f6l{ q-{I elt\e$ C'frq
<i(cr-lIffi qmI o

<Tl4irqI-r< <fqca Qr6qx )b,Q'Q.C,bbo

\)l-1Jl"iJ ktlsl q lb).cqq.bel )v q. c 1c.)ct
fr{A\o E+.I 6{iq"r<r<s fror<qq, q-{dqla qqrFT q^m wfry v ).o8 b,Bt9l.9\3b qbb.o'e).b89
EfFs-cq1-$.qr{ RqT<

fuurs <E< cqra sra, EIE f,$-"bball

a<lfls 6ls-6flj-s,ttq k rf< <s qfiE {'cI]=i <WT{ Els | ,.ro..rrol
gt,qbu,a.Q.t \ o- O ^.U,a
<r l / l!rvv
qlqs Rfu-d lTcE <3{
cJ--
<l<<'4 -:--L
,1 '4Jl I fbiqtrb.l
<i<q q(T*cf | ,. oaa.ooo
l-l
e-,RI?t< I

3vfii s EeII('l
gc.c8 8,8 8b Q. cOb.6bo
),989,118 8 q.81e

6fi8 \9,b^g\,,qC),Cgb Q.,8 )Q.,b)e,o(,o

qtc"lT Etx'*r{q3 )v gl,b-cc,vg1 a.8.) cc.ect.
{s {TBrs qccfl
r4TiT{ er{I (qtrTTT
otfi"r: DIol, <l(qlri,J qmE qrq-Iq Trq{q qlRrf4 {Irqq
8-f,,)bbbQ( I {i?r{inqt tkunrc tll<Dlcta
 )bbq {rrqtr e)rf frTrf{( urfis <qTTd
<Irqq,ftb
r:m g "rfi-{-lq 610l !ir51 iEb!
l+i L't+i
a{q q{ i-)

aqq gqfr-m' € <tqq16-1 e<( 6TiTIfii tr106q 4fus

r. ro EHq) 9go,o\9b.9\}o t)t..b'e q.bb-b
'q-ErFi rfi<r+ q$
4lr;l;5q?13 stg6< )o
<l(Fr]?FrK {frt-T

Bec"lgl,eb-Q Gob.G{q..Cot
ffi{crrrf
i={ffiuo € qm|6t{ qairy1j f<frCTilfrf< q-fl GAFS'f-C"K
"eB s-{TSI c< <r+q il{lqrTra q <m ftrr)
A\, fteq{q
Ti(dKqriqzli-{ ),\b),lsb,8 qc I abe.eqb)Cl
Eitqt-cqrR <^lRc< erh-:{
8Ge,qc8.))b. ,rou.*,,oo
| I
) 1,8C,C,8\?,Cbg qqb,)cc,ccg

E
fu-q\o q-sT cflErr<r<F G w{ f<rqa Brot qit
<'(F-ilIqI-| elTpi'{
<'({ffia1i nrRc< elrr

rf+.I Cflv16'E,
fro6qq, Tqe1q'E q{q
q{rHi
""Lfis qlT-qTRry{ {fl"llcT Tr6-E-qR ]ifT ),o8b.8s\,gsb 1Eb,oQ),b89
qm-+R"E € T{qIT[fr-q-{rT Tm?
)4. 91,oG),1oo )b,Eb),eb-8
ETIF1 ip1q )s )bQ',b.b9,o )8 )oi.egb.ggk

ffitE 9.b^9s,qc),csy lJ\ue-o3g

€q-< &qt< qsBrrGg Et+x qrcq frB({ 't-.sN gr< r

qt{t(F.< e$? sfiII?,R ft4i

qr('rm fl5r<-<s.e- I

<tE{ +{rrq q, ffi-g q{, rfIT{E qrqT qlse"Tfl< QE-1n <v c$T< €c wil ,{ts csl(
' { )lcl+ 6ETK{iFr EDr6 q+.BBrtsc ntrrd sTlB+lntr{
Sbbq slrq-{ e56"I fr{CEt.< q.'{tg <'qc-ffi

EF5-C6fi-Sq'{-q
B EI"FT $u1 $lu
u I <1.,1
EEI

q.Q.8beqb"e )rg.Qo-\. )Q,t

Ejlr-fiT€qin q(frq-rit Ei-qrirq-srfi{crF qqE s.ls
qk)9q8'-t) 59. q{o,bC)
cEi5T, Efsl e<q sksrq \5'q,r<-{
i>x.:q. ,{l[4 €irfi;I. i*iraro eFE al<:l'9"bs,8CO)

qqqrcq-{ fr qqqsrs-f ybq,9cb eqo.lbb

"rk'nr+o € E|ft +.frF{
k.)$c.\)kb 8,9)o,o)o
sfis-r, €{, frqi frEiq nFrrfr
qrQq qcc'rg .l{E
P - a\i
u v-vra )b")bc

tfF'l c"cbh,G'91 ),8 <to. t9b

E]<rytus. Ofrefq. tafucFla, Srq-g'€

qtsE-<rr< f+ 8 o.ooo lo,oco

\ 44\ J"vvv'-.u^
q-rrh q-<5T e<( c${ia\51r{6' B.bgo.8 qc \.uu
<fi?r{<
e8.eC.tBg ;..o 1{.CaC
d1qrft, {nq, f<r€T'rl W
qafr+i rKu )8 'oo e)8)'ue) i.,i.9t"bo'c

,bll8 o t8b 8'9.17 q.b8Y

<ir-c{-q-fr-d fi.o frr qrc

mlb lb--g),3\?JqW q-,gL1"'i9$

qr{E wrqm ;IfqTA qlETTa. 1frcfrq

Ts T{R-s Ercq4
frFr< vRq cqFrsts <-fd{lffi1 'liisrq-s "rf?EE4

srRqs Drq. <I(Erft-t

8-e-)bbb I
)bbq qfffin e)crl &Trf{c-s it{ts <Er<T

E]E-ffiTSryr{ Rq'R
qI EI+'i )hEl lbbg
Lrl+l Frsl
(qftFos e qtaicr< qrTtrr fficrtrui<
q;rj q!.$q {{i s-{r.I, Er"f<s <.| ezTi-6i+{
:T(<T,ci <m tr--m'l

frfrrrrt qis )is9.89b.o{8 lb,obb,81{

+"k-H frftlx e rr-rqfft (o.:ioo.E\3f )b,k9q,b89
qd,IT, qrI, )tr.oo b,1ro8.898 Q.,oo).o t9

flF lb9J,19i9qs Co.b11,eb)

€q{ f-{< {(rrfcE Bi-+x qrr{ frF-ra qvro << I

qrl(q< .!Ti E]kc"K kt4B 4rfl(s qTsrf\5 I

<frB-{rrqslr q, cqs, q{, TlI,{q qFfr qrsar[a6 QB-1r qe cst( qrrEn qe ffi't(
qkFH-s (ElffinTr{ urfni soitBfltsc 5161U 4STqfiISC
 )bbq qrffi{ e)6.t frrrHrd {'{ts <qrfir Rrmm frsr
).oo Yfr{f
qq {fl($ ):}b) :{rcq'< <ft",+ mt*ffr qtts
ftffiqfd e<i . (fuB f$68 qtm r-{rT <ti6.imt <It($ C?lr+
<,ffu
efig tltt'--tr<F:] EITq-{6| Tf,o roe q{r{-a <TfE&r6 <n(ft( qfu{i erir{ 4z< s[[s r € qiiw€ i'fu"p itrK(q ,!<i
<i(E:fcq..{ <IiEr?x w-Ilrirm< ft-fs(g s? fi(.+ T"ilfls1" T{r<tqr. <m-Q-{ilqlq e<r {i{K-flrf5 +fu3 frfus

3Fq 'iJ}5tqql6{e r

oQ qrinB ilirilfr {fr:lrefsc\e eqffi-{etr< +.Ffurr "fru'rfi esre fr{E qqlw <ifarcir-s <r(16{ {'i(< .(<
od-e"n-fiiro frrrm ei'dsr {mrq i

i..oo q.tf-fs fr-€ft-{ CIqt'FT

+) sfrs <nRsF< of,+te ffi -fiTK qtq.rro "iffi\o s{s €< qrfqf+ k-q<ft )bh) q]r:q< axqa mi*"ffr
qlt"?< rffrs M I

"-{tRcnq
{) qq?mn{q:r,rqls]e BrsiT esi*f +Ti qITrF I

,$..o Rntr<R firl{ frer1-+tc1q

6) qrf+o ka<ft qpB"{ efu
)bb) c11-4{ Rqf< <w"c"f< ft.fuqfql< q(.ruiqquifu mcq. e5frs q<(,hRrEffr-o \€ rE:i'lq qftfur Trttrfr q{{l?,.<
.q]fd?F ft-<-<ft<.fln-€ .erVE s.<t {,crrq i

<.1 oo-fro<"i
Ei-s,rqq{FI +linC-s <FiF\5
1arc ?fiqe1-q
.;1tnqTo. ceffs ellg ?mfuN< fr-fift € q6-<1j f4.<"ft,T1q mf,p
o-<T {crrE s<(si 6qrs qffi k-<<qm{q erVE ffit rgilrq r

ui; vrffi \rqkcs-{ qc$ <ftrs"ft T{ra-B €t't

<n(s s qmns+-.tfr'tzfi Tc{I ffiqtui *ll $q,',1x< &ats orcfc<o sltis? {(IrE r

x) M-r+ gt
>) , ta &l ffirfi:T qqffi ca"rcer6r"{ rril?rt< frFnr Q< qi<',t$ };Ep a'rr,a-a -$-.rf QC{zE L

1; , ftrfl?F ?aruFl?F mE dfuE {Yft € aHq-l{F aqffi 5rya-6q6a orfor,< ,Qf;nr qle s1':€, fram
se|]-s{ ofl q6Tnq i frrm (eil-q q,r{Kq €t{i eqr<qx 'tq.rr]i{iE" Et< Erc]'{ Ttts-{ +T| <;]Itr
s) frfr-crl't
<i[EE ftrf frfrrq]"i, qffiFs \3 qF]rT< qa{Irt, frfrrgfC"m.qil "ifqy,o sfe-,F <m fi'=c.,r fi"irFl qcTrq I

u) s-<r-s
qT<t<14 e +<efl{.tfr 4{Tfl (?irs EK5-{ <f4 frm ffi?m{'f qr.Kq I C{1}{ "nq q.rgl qr;Ii T< E|ft q--|-ffi< q<DT
q;qlqTi4 1-a,fu q-flfr erc-<iE T<t {c1IE r mE< 1TS-{ (s-(q 4fi kf-fs qqfuE q<r{ efml't ort{GTrq r

q<D(T< qr* ft-r*t:

kqg"t El{
qq<l<qa \o%
1o< 1r+r< Gr'<; \o%
q<w'ffi >a%
<ite a.o%

f
E.oo <Tlq-Ts q<( qfrc-fffiio Tq<-{
q*i{ 'rkelTfqu 6.rsR ltcq-Tr$. c1TErsE )bb1 Dbg
{{Iq T-dT qR.rE Et+] i!l<nl
BcrrrmrEq )o,){,oo,ooo
).o ),Q.oo )o),loo,ooa
q-{firtB6i
<T(El-&-i q{or<

mtb ).o).\oo 5o).Q.oo.ooo )o).Q.oo.ooo

t .oo u=r& s qTj1-q;.ft11qcqq

.t(--
DElv la.;ll \9\9k,\9\9b.oC) Q.lt,) oo,bU)
ffi< qqi eb)O)8 obb ) o,1{i,Q'1b
ffiffifu"irffi etC)\9
ffi6kB fu("rl&t eE, fr ({tq<"t7hrr'"r) ) qo,11e.(.b\9
Els-ffil{;nl{ qqfrr]e Rq-f< ercq{ qr )\9ogC,9bG \9,gbq,uqc
rrrf+-gl-{l-6{ri-;rqTh--I
1b,oco
qTro< ercqS \nn ADc
,vv'\q (

cql6 18eq)qa'8c qSlqoc,9*19

'...)o effq-g fiEt

C"t_.ili;g fuK 9C,1GQ.,990 ls,cbb-.bcq
fu, fu er5q{ Rql< Q.C,lzbo,1blr e,)8G. q)g

ryIq E!,999.)3q l9-1q8,q1e

.,.co q-{f|;tl ET:I
qs: ptEts"Fr
, -,_
9b.ooo 9b,ooo
_L
oi<<J eQI.1q s-)s).bOo ),t) 1,8 a.i
CdEI (gIIEts \5qk-"1 ir98 . )\9C ).t8 i,trQ.)
ql{-fl{ qrh-T
{h,g)'tr,qbb :.ct{,ool
{&3 zIr+]E
\9Q.,olq
,&TRn'e1efll{
\C,9oo,oot:
s+ F,6:ri fuR b,\9el.obc r),)ob,'?8Y
sgFfTSi (+-r5S islgB ),)sg,skc Ga.c,lc8
q,-e c{t-+-{ta virlslq-fr ft4a
1ftf}6,,E1 )gc,gg).)Ec bl,99o,CeG
frori ryqs 18U.b) q
-stkrilfi\o 8\\.ooo
"tTD eSC,Goo
slTrs (WES) :}T(s rQrs 1.98 ).9ob t),CQo,118
qrd-qt<t+tq- f{flfr {q-{q .Q}iK 8, qb).bo)
€rFfr5q-gffiqlr& 8 q.o)v,8ec
oi1-l cofa ae,3 )oV.ooo
{rF" fr EM )kQ., q\9 q )vG,9cg
q4l-{j
lE\),ogV ).8 8 b.1eo

ffits _\i)31_1"!er lLll:aloq

)b:ic qrE "Brg qT-f,{ ,!rrrT{n6 }r*[f, qtgcq )bbs €<q q164q ,514'qq-ffi q*"ll +-fl gIIFi
"i<-{tr
r
r

I
 $!3 }}DI
qmf EEI

r;: (;() fr'R-O $$T CqEI63-3; *<q.6'16, Xqolq'm ,4<( q-{TiTI 3.tqI-<Tq,<:E.l
5lT,-lIT q)._q,)l.b-tb
<lltS
.tr"i"ia 98.1)'9,ooo
{m+{t
89,9t'9.o)o 98 " )121.8 oo
?rcPiq (<-fs-i-<1rc)
qots. qYS.beg 818.8 q\r,C8g
iffi,FFF <r6i'iq (fiT)
)C'9,'o-\9c.go\9
<le-t-<rr+ ftEl1s
C99, q\9o.1\3) qbo.\9gY"ooo
Z-{"Tlf;S Slcte1q (Cq;if/"r{E'e ST1-'l)

qtr )-eqlirxt vg! cqb"SgLDtv

b.oc E{ry E-qFrdl q{s. {tss-rrq-{ {i-ts+ \3 c{".rfr <TI(rs rfFss qd

q'lr. E-qf?rq
) )b,5l(.8 o8 9o,)8,9.bb8
rqfr mt
Q.,tb\3.obq,
lffit4 {51
tr 1o.18 a.

) )b,bb'g,)8_g '5\98o'ob)
qtcqnr-tfiitT uff&s
q{s.e1).)bk )a q.8;i8.)'90
.-"fr E.t
dri... 1iq xal ).qeo.bl I lo.l].q8,qqo

!,l1isei'9lq )8b-,e\9E,8eC

ffiHrfr q.f|sIs 'l&E

) 1.8I ). )!r8 ),be.b,8\be
':aft mt
ll8,i),)-98 ).L1"\8!q
@ 9\qoro!?br\9-9c clti]q_,t,bqt

)o.oo q-{lHl afiqI-S q'TI

T) <t(Eftn6"r{ qslE"r{
Q(o.bl),Q94 Go.9bB.t9o"
> r ul-$l <is+ frft'&s
89'9.ubo ) ,8 a.) .,b
qt
i I rfl'r{fE <.fls+ frfrLts
)9.99Q..1bo h,g).9.9oC
s r Eq.flfr <rl(+ frfr.ffs
1b,cUQ..b9o bg.)b9.l7Qo
s I fiFT.in {qrsBrqB <fi".+ frfr'6s
51,q.) qg t ,t ob-
c'r €afrfr fr eq
g r qlt qT qE fr <rtt+ frfrfs G.Eo9.OoO l.k8o.h)b
8 o.brrf .l.kc a.8 8.8 0 q"008
q r q]Tq <1s+ frfr"cBs
).og). q) i ).tbt.8co
u-rffiolqofr'Frct-s
trffiils+frfrcls 7
'ooo

@ gj),g-bs,Ls! 8SL"_s!-l!,q
 )bb1 )bbs
br$t BrcI

<IRrq
"t) <l(sEqr"K
) I qtrxk+n ,sgcqc <nso frs frEE rd b.bi'e.C\ge Q.e,9eQ..Q'eo

a. i wrkorq (g'cq{ <nsn fra $frrls] Q.,qqo,)e8 l.obq,Egl

eI ffirqrft TI(+, sfu ),ggb,)88 ),c\b,qq9

8r {ti(s q< dtfrs frtsskFi dtfrrs Q..C8 q,)b9 q,bec.8c8

c' r <r(T q< 6tfte frbtsfrft sfi;mtirt t.99C,oQl. ),9)b,Egb

si atrfr Etlqn fre e-+tfi C9,oC) ),1ob,9O)

q I {P.rC{T <fi(s Q(T( bol,SCo b,()b,Eoo

v I ql{-Tr& c$ qq ( g,ogq,qCo

b I qi-q qffr+f cr sr ,{ ),)b\,)bb

)o I e-c{? <n1O EFr{d 5,Q'g8,lb1 ){s.8eb

)) r *ireMnff<nq+ fitQr-6 \9,g\9q,1gb 89,)Qb,bgc

)a. r +flg]rtutNsfis+ uts-{ c,bb\9,vq9 8,CCo,99o

)e I *lgld yffi axlc +-<i6 c'bb,tbc ).bo{.o8o

)8 r *rsrd ulrM <n"rre ofrotgl bcb.ggc Q.,ooo,ooo

8o,b99,b)8 )o1.8b1.,1)Q.

ffirb 8ec,lvt.eut tob,C\1.Co1

)).oo frfrcsr{
frfrrmq qc6ds ro*t-+ft
T) c q-6-a ftfi6q641<lf ilm <fi(s ca{-Km q}qtds
qlg q?TrTq etmq qfh'E'c$uil <Bxt ffitr frfrrrt"i ),1\91.,)bQ..cbg gqb,)cc,(c\9

t) qlnr-mtrR'<fr$ ffiio iffi ffi ffic$'i rrql

q-ird<rt(.+ <TfuE\5 qmtas qt.g €Trcq )9,\)C),ooo

ri) qEEimll1 <Frxl ffi €:Fi >r< frfri$'i !-lql

qqrd m;fiFm Els-le wri .{T <l €oif<rs rrfu<
<;furt-o qNFE eIIg qQffiq

r) w666X1'1 <l qr{--{T{$ frfrrrt"i sl-{i r't(6 (+-H

<rcqr lQs w 4l

d6 ),18C.C8e.Cbe ttb,)oG,CQg
 s) <fi(rf,{ 'tfruq+ <l $:ffi T-."a TA" <T qdi csr{ gb,qb8.8sc
<rfu< cRp 6f,{ <} s+-s qlfr-6q< frftcE Ec tfrD'fd-$ <f
$:firlfr T-.6o "{A\0, etsq frkcrt'i{r{lrg 8"6 qkuBs
<l s{uft ron <r<-nr sfr$-rcq{ 1fi6qE 31 q(Ear< <l
<r<-qTei-{t sfufrf{ fuqr< <t csti'$Irgt 6q-xft-a qqql
f,eor< adqrftE

D) qm'lb-I <qr< <II(rcK "tfrsraro + <:ffi< qL.:B <.I qil )bb,ggb,g\t

6ap gft-a qke t-e {frE|q.s <t +:ffi< qos <l cf,fai
fihtq eris ry{ks frfrrffi"i< aaq frfrra.6',r< ffi6
"iRrrq

q) qt(dfiDl <Er< qlqr+< "lRDt-fl-+ <t6:ffir+ q-{crtfr\5

<i qll 6a-T-q qTk< qRs ,ik}T{-s <t+-ffit< es*$ <.| d-eJ )}b,euo,ooo
htfrq< ftfug q-{rstfrs qt{fr-s {tftcfl'r}R T€d q+.r<
fficrtE {RTco B-s {k}-rq-{ <'to{FIA .sr{ <r$rt qfr6]-q
<r eNrsn c+-l*tlfu ,ikurqs. qqqn< <l <rEqffl-d'f
af'cfift ftnr< flqf qR.ilB

H) w411-413.n1a 6ap1fift Fr+n €cs elfli qd

)Q..oo qFr<tr<r1tr. € iTfq-'ia<qFr

@fr"$ Erfr Effi< ). ).b c q].CqTEI<qr{ qrqta <qr{ mlD )bbc crrE ,a\ \\ \o
vJ-r<-(v I

ii fr-<-<q slfuq qsrrlq-{ iTqiB (e+8-a) q"{D-il \5rfu{ <R'W

el<B-$ (s-c)
<RW
4 1/
8 u

) q,qq1-E"rq )o.gqe,uc'8 1,b-l).8q) be,8co )b,80),blG ).: - .'a )q.)l9.aul

I +<qral& 1b8,lbb )),ooc.b88 9.ooo )b,b8q,qbQ. ).qg''e.)bc )9,)t8.cE1

I ffili<"[..q ),Q.1.9,b98 \,ot\,El) - g.Q.bg,boc 9co,999 Q.,S89,o9b

s <Q . 8o,9cE 1o,b98 - ))\9,'gi.l \).b8c b8,qqq

ffiB )b,Eb).eb8 lo,bl),)Go bb,8oo 8o,199.)98 e,q)).898 91,oC),1oo

 )bbq 5bbv
6tsi BrsI
)9'oo q-{tr{I in".'fn
qQq sM )C,o qb,91\9 8,)9g,y9q
rcxr, e"f{rfr \.cCe,)E8 ).9oE,bG\
FmRs fuK 4.,18 ),699 91,9,8Qb
&, fr eqs ftTR ),OQ.b,9oU bcb,osc
frfrBffi tu("rr&tfut< lt ).bb'v 9Q.b,ooo
,a1{R-s
"r{F ).lb.eg)
a-qa Ely Q.1,)99 lb,gbl
qH-qt-fl+]ffi <n(F cl{r{q k{I< ))8,8 ob,bo9
vQa q-sp
\bQ.,8\38
smq (wEsl+-tv G{ b,q\9E.gQ.) E,15bo.\9og
qQr qtx-+-<
9"Cb8,o{o 9e.\9,C'89
fr"on"iqrRT 9Q.. 1Co,98 I C,\oo,ooo
es-qBq,lsTBts ( r.uRB) <rrcq-{ {\o,bt)g \g,ccc
{1,+ fi<$aTio cf{F ),ebt,c'Q1

crb )Eq,Ei!'clt )oq.egu.ggb

)8.oo q;l.Il{I cI3fE

$-{flffifr Eir<q )o,ooo C,ooo

s'{cl ?l3I'D
Q.gb,Q,)8 ibG,oGV
JflTfr-fr e :Rr+< fi'ler )Q.C, qCC. 8E,CqQ.
qT9rR{ glo,ltg 8c),Q.88
frfrGflror< B"r<:rsffi cr<D (b,L8S) e.b-8

eFis"f rmr \qg,)Q.c 8 o.58C

<il(s Dr6 ) Q.),b q8 r9{,oCb
sFsT{"tE ) 1e.9lo bt,tcb
Dmt )oo,ooo
{ob,9oo
+-ms.trf< ?f<5
19),c8k b8.1 lb-
qloft ?r<D
8 qe.iob )\98.t)8
qffirrgu ),9bQ,clq e8c,g8c
EHfr-s ?KF ).lb,9g) g{,obo
sl.PflngP )89,'l)g 1C',b)e
{rsl5 Q.gQ.,oQ.1

ffi( qq8,9)9 8b8,\9,18

mrD c,)8 ).ve) i,Wa,boe

5o.oo q{Im ETfB

&"nrfr mq 8 )b.OoC

Ofrrrc-n 6qg ffiqq-E )er,.8 )b 8 ),8 oo

qfa x161s rmr qqE )oo qla

6Tq-g Erci qEE c,bt8.a.8a qb8.cc't

irro \e om ur6qm ),CoC,g\9V lgq,ccg

frk{ Q.,lb8,G9o Ebv,beb

cflE E bqq.qYq l.oo),o19

)9.oo q'fCefEF q]-{-{{R

T) <r(rs3 fr.+-cq firt sl cqil fuil< *1+o ax
ti) fr'cnsrm q.IflE er?-s frmrgm fr{A-o
<n(rf,{ rIsr<l qR 3

{RD]q.-$ qqql+fulatq
{<"$'r<

ilf(s € q'{"Ir{] qfds qetTqqTq q),q)Q.,bcb Q.8,Q.qb,\9q\

q{Tffl q),1)Q.,bCb q), q)\.k8b

frr-qlq s $frf{ b,bc8,bbl )o9,ooo

ffiE sq.bcr.usq \8.)qc.eqa.

E) <cs{l s]'flT RGq'{ qfu< nm

crrb \9q.b(1.EVq q8,)1C,ete.

qrqq qrq|q q, qr, tq'{qqFm

{3 {-{r{a qrcaq 6q-u,
fr.F{< oEq cefrz:E <I{{"FT "1RET-{T
rETK'ryN
 .|t{r{v.rFmr

GS 4( .ll1TK qlr frordl dfirrn;wk 6cq"g es.

) i rRifr.q.ff?n t'e) {fuRE <Ii,!, bOUbr9Go, bcgo)bb' 9e\8ob Aibm BJ

DIS'f-)ooo i bc'\gboo q C{Fq bQl9b\e6)

t. rffi <m< e, m <rqK, DrsT Q.e5bb-b geQ.8vq

9aaQQ5. sQlQeo

o EFIfrfi< ttv'n"fl )8 \eu- ) 8eb qrqfrfr<''fiv q)qQ.b\e.9)e)90 seellb

l-{rq6
8 I qH]<m ,firfi e8, qlq]<Fi <l/e, 5B$q q)s\9q{, q)99q9
e t :FTI.[q] )88 r{ff< t$-<]ii ri-rs ,lQebbb, ttSbb
"f'1,{T
i, r afqlTa,lfq] tsb wr{< <lqi{ c{i-s q 18\9b8
<Ts-lTe
q i <Ev] .il?I} a.)/) qm cflE .srnfi Cs8\9C', qs0g5
<ag,l 6qq kb'o-oC)-C8b8
: ryro€fgt,itq t\eug C{td a<-ls
rrn Xn-+t. rTi-'rfr-{l
) qTpn{q {l"fl )8,s Dr{ fr'fi rffr \9Q.Q.Q.ib, rg\l\so
EB$T
lc , <ktn.fi?[ 8C. rl1{ (<lS ce)8t
<fi-{a
\ :r antaelzl lll Ec-uq i'\3I'l{T{ cflu o)b-l)a,-q8e
"fi
{'I?FI I

- i. r<Tf[1fE rll"tl ?E aqolurr. lse oe\qb-EogQ.

c{-{'1,("flq. {rir<
.. fu qR fi cilig IiI{l u"s.{fu{uFffifimrs be8ctsq)-q
qBRrq, rl-+T o)b-a.)a.qG8
_ S 6firf.l-[TB .fi?[ rlc rffirq a/s bG$r,tsQe-ob-)-t 5t-q8b
trm bC'\9r9Yb8
.': Ooat:rrsqfiU{ qtBs as- ls 64f6;{(- 58/d bbg8c8
cqts<-a. B-sfl trlsf
. : '48 ,!l4r+:s r{Ig s>, frE eM cfis b\9\9CsQ.9-8
6rs]
qkfr c<w -rrn at) si-r.q-< aIq.T. DE$T g\9q'Ubo-)
. ;{ F-3cJ ,<lg .jl?fi qe $FrFm 6f,-n bCG9obo
nd wBq r*rg, trle-l o)b-q){- c8c
:Er",T.G'$qI crg-cs ql:lsfr, q,{l?flfr, DIT'I Elo8)b, bqo(bq
. _ t<1r"rto. urct c/eeu-fr ql<ec qts.n 6$s bo)88b (q{'c-Tl-({)
fr'<1<, uiot bogbC'b

)
 flnnuol Rcport
1997

,,4. RL-RRRFRH lstnfvll BRNH LTD.

tAl^#.#;n#kl,#,#J**
 Sponsors
&
Boord o fD irectors
01. Alhajj A. Z. M. Shamsul Alam Chairman

02. Alhajj Md. Harun-ar-Flashid Khan Director

c3. Alhajj Ahmed Ali Director

c4. Alhajj Nazmul Ahsan Khaled Director

3s. Alhajj Md. Saiful Alam Director

16. Alhajj Dr. Bahauddin Mohammad Yousuf Director

)7 Alhajj Abdul Malek Mollah Director

.18. Alhajj Dr. D. M. Amanul Hoque Director

le. Alhajj Abdul Hadi Director

r o. Alhajj Mohammed Haroon Director
'1 Alhajj Badsha Meah Director
'2 Alhajj Ezhar Miah Director
-3 Alhajj Hafez Md. Enayetullah Director
-: Athajj Nurul Hoque Director
-5 Alhajj Md. Anowar Hossain Director
'6 Alhajj Kazi Md. Mofizur Rahman Director

Mir Ahmed Sowdagar Director

'3 Alhajj Mohammed Yahya Director
'y Alhajj Badiur Rahman Director

2: Alhajj Mohammad Mahtabur Rahman Director

_' Alhajj Abdul Moktadir Director

22 Alhajj Kazi Abu Kauser Director
:3 Alhajj Mohammed Fazlur Rahman Director

2: Alhajj Abdul Ahad Managing Director

 Shorioh Council
Shaikhul Hadith Moulana Azizul Haque Chairman

Moulana Muhiuddin Khan Member

Moulana Mahmoodul Hasan Member
Moulana Mufti Abdul Bari Member

Moulana Yusuf Abdul Mazid Member

Janab Gazi Shamsur Flahman Member

Janab A. Z. M. Shamsul Alam Member

'. Secretary, Shariah Council

.Md. Moazzam Hossain
Assistant Vice- President
 €X€CUTIV€S :

Monoging Director SecrctorY

Abdul Ahad Md. Anisur Rahman

S s,,rior Vice Frcsiclents ftuditars

l'"4 uhd. Mubarak Hussain Howladar, Yunus & Co.
',/d. Sirajul lslam Bhuiyan Chartered Accountants
-iodul Matin Bhuiyan 67, Dilkusha Commercial Area
A K. M. Fazlul Haque Dhaka-1 000

S. Huda & C0.

", ce Prcsi<jcnts Chartered Accountants
=arz Ahmed Masjid Mission ComPlex
3. A. M. Habibur Rahman New Elephant Road
-.tfar Rahman Chowdhury Kataban, Dhaka
'.'i.Totazzal Hossain
'.':hd. Ghulam Sarwar llagistcred CIffice
'.': Anisur Rahman Rahman Mansion (1st floor)
161 , Motijheel Commercial Area
Dhaka-1 000.
Hssistont Vice Prcsidents
t,r'ld.Moazzam Hossain
Chowdhury Mostaq Ahmed
F'ld. Fazlur Rahman
!,'[d. Mizanur Rahman
Hadi Ferdous Ahmed
r,rld. Mahtab Hussain
r''ld. Awokat Ali
A. H. M. Musa
Emdadul Hoque '
l"4ollah Ali Ahnned '
A. H. M. Jahangir Alam Chowdhury

I
. i r{'l
rl'l
'.i r..
 Notice ol 3rd flnnuol Genercrl Mocti

Notice is hereby given that the 3rd Annual General Meeting of Al-Arafah lslami Bank Ltd. will be held
at the tsoard Room of the Bank, Head Office, 161, Motijheel C/A., Dhaka, on Thursday, the 12th
-March, 1998 at 6.30 P. M. for transactlon of the following business :

ilr;* n.-je,

1. To confirm the minutes of the 2nd Annaul General Meeting held on 23.9.1997
2. To receive and adopt the Balance Sheet and Profit and Loss Account for the period ended as
on 31st December, 1997 and reports of the Directors and Auditors thereon.
3. To elect Directors in place of Directors who reitre from office as per Article 98 and are eligible
for re-election.
4. To appoint Auditors and to fix up their remunerations
5. To transact any other matter with the permission of the Chair.
All Shareholders of the Company are requested to make it convenient to kindly attend the meeting"

Dated : Dhaka By Order of the Board of Directors

19th February, 1998

Sd/=
(Md. Anisur Rahman)
Secretary
&
Vice President
 qfE-qlTlwfqffivtq+fts
EqH+.fffqr
'fftTqfutut
rr>,fft &rqr{. rarq s.tfrc{ rr{tg <qrK{ qqt.ffiTrq s'tBFrr{fr et&r{q{

zqfrsrfu-fi'ilfra ffsq,
F€{ fiQTI {EF qlE.r{< q<( ETq s qlqla q{-$5 {qlTm {rfr-flR s{|{rf,rrffi g& e<( q'+-{ qft rmq Gtrm qR-Klr"K
's
-L

-?rR olBfrE )bb1 cr+ ftfrg nrrr qi6o o.BFiro< freT qfirm"ir{ aod e <r<qt"H o6.,r* o{o ceRu
lssstnlTq <I(r<x ftitsT s"lriKf iTto.lr-* srre ,.!<( qEq'q'qels emrv.nx rs-lrs s "rfls-,Iqqf{ fi<rq r +rGfr"q
i <q{ qirrq< <-s <V -fi?nc{"e tfrn"h smrq I q.frrsq +]Bfu-d <nqrf,{ IArR q(c'fs {fittc< frfrn qqbrfr-+ e
qrc-q.|tr{l{ q(rEFqcl T'c<.[E
==,r[6]Frc I

.*:rq fiBfr.{ -ifinq {Rq-.fa fr({# q<( )bbq q6-{ <rr.{-{qb e q]v sB Rqr< "r-qm +r< frcrrs frvlq{q Ew.j

) | x<Knt s <tQ-{srq-rq frfrrxrcur< mTclT c+-lrq} ffir€= m

t?KR vcs ftg ftR e'B frqrG "ns* crne r

a. I qrt(T c <q-< Mis <tf+rsTT ffi

ffiTR frfrqEI fr"clrsc T{r{l$t ffi& <l<rslm o<K c$ts ({ds
llRcl qr6q r vc<, € <Itefrm -iArR q-{$ft pa mG Egr<rr< q-{ .tfr'se +lBfuq €<( <rl(r+-< <rq{l"f-{l
.6.q* qletq ofi ffi6q ?flrq 1

ir r rclBfr"q e ni:rcg]x er+Tsl sK-6q c{ rlio <qm s.rBfrTq-< cq-qt "r<m{ q-$rtfr <fi(s qt-cqTil <qr< {EtrKl
q-{ryrsr tss rr<rq
"iEGF r

a-:?n qFft q{6q cq, <rl(r$K q-+-q rFfu;{.i?mms $-{F q-{I +-.lx qlrgl c{ft {ru? qrqq i

:== xtfr-+ ri|+rry-< w{I qITIrq-Tm iotsftp-+ s Rrio ql{ s-+-{ I

ffiTq oEfrrE-< ltt

{€E.l.{T qr&EE {s
(ETB{TI{

I
 RCPONT OF TH€ BORRD OF DIB€CTO
li..t Ti.i{ i*ftd'r't€ sF;'{LLtr1l-t, Ts{€ $€N€Flc€il*T, T'i"{{* Iirr€fi(EFtJL

All praise be to the Almighty Allah, Lord of the Universe and peace and blessing of Allah be upon
ihe Prophet Mohammad (SM) and his descendants and companions.
Assalamu-Alaikum Wa-rahmatullahe Wa-barakatuhu,
The Board of Directors has the great pleasure in welcoming you all to the 3rd Annual General
Meeting and presenting the Audited Balance Sheet and Profit and Loss Accounts for the year ended
December 31" 1997 together with brief accounts of the Bank's performance as evaluated in the iight
of the country's socio-economic environment during the year.
1r;11g'11ris fir*fiie
During the year under review the GDP Erowth rate was recorded al5.7O"k as against growth rate of
5.4O"k in FY 1995-1996. Although the growth rate of Agriculture sectorthat plays an important role
increased marginally by 2.3"/" during the FY-1996-97 to 6.O07" from previous year, the growth rate
of industrial sector registered a decrease of 2"/" from 5.392" in FY 1995-1996 to 3-3"/" in FY 1996-
1997. Liberalization of industrial policy among others, provided ooportunity for attracting private
investment. lt was noticeable that in aimost all sector of economy like industrial enterprise,
exploration of natural gas, electricity generation, transmission and distribution, telecommunication
and air transport service, a good number of private entrepreneurs came forward for making
investment. The total export earnings of the country augmented to US$ 4,418 million for the FY
1996-1997 whicn was US$ 3BB2.OO million during the preceding year. The import payment, on the
other hand stood at US$7120 million in the trY-1996-1997 as against US$6,881 rnillion in the
previous year.
Total deposit of th"e Schedule Banks of the country stood at Tk. 5.10,569.60 million as at the end of
1997 from Tk.461,926.00 million of preceding year. The rate of growth in this regard was 1A.53"/"
as against 13.61"/o of the preceding year. The total domestic credit increased to Tk. 426,321.24
million as at the end of 1997 from Tk. 387,309.00 million of preceding year. The :-ate of growth in this
regard was O.07"/" as against 12"36"k during the preceding year. The total number of Bank's
.1

Branches stood at 5930 at the end of 31st December, 1997 .

Sp*eioi fr:aturcs cf ths BQnk

a) Al-Arafah lslami Bank distributes 707" of investment income to its depositors and keeps 20"/"
of investment income for Management fees and 1O7" for investment loss otf-setting reserve. ln
order to give spectacular rate of profit as well as to manage the cost of administration, Bank is,
therefore, mandatorily required to manage the investment portfolio in a better way
b) The buying and selling modes of investment like Muabaha, Bai-muajjal, Bai-salam are closed
end deals i.e. the Bank cannot add anything more with the mark-up pro{it even the investment
clients do not pay off the prices thereof in time. As such the Bank is to remain extra cautious
while assessing credit eligibility and need of the client. Moreover, the Bank is also required to
remain alert for end-use regarding the investment" The Bank is also to keep effective
superrrlsion so that the investment do not become overdue to the detriment of the interest of
the Bank.
c) Apart from the above, the Bank also makes investment on Mudaraba and Musharaka principle
which inherently require to choose the partners (client) of the business on the basis of strict
criteria of selecting the client.
d) Since Bank accepts deposit in Al-wadia and Mudaraba principle and also invest its fund in
Mudaraba and Musharaka principle, a sense of belongingness to the Bank grows as well as
entrepreneurship is developed.
3r Since the employees of the Bank are required to adhere to thb principles of lslam in their day
to day life, therefore, human qualities are developed in the ordinary course and as such, the
customers services is also rmproved.
(APITNL

The paid up capital of the Bank remained unchanged at Tk. 101.2 million at the close of 1997.
l,,4easures have been taken for strengthening the capital base of the Bank through issuance of Bonus
Shares and thereby raising the paid-up capital to Tk. 126.50 million. Nevertheless, measures have
also been taken for strengthening the capital base by way of issuing shares to the public within
shortest possible time.
D€POSIT

The deposit of Bank stood at Tk. 2,245.35 million as on 31 December, 1997 as against Tk. 1305.63
rrillion as on 31 December, 1996. The inirease is about 72"/"as against 1O.O7"h in banking sector.
The Bank has tn the meantime introduced the following schemes for mobilization of deposits.
01. Mudaraba Term Saving Deposit
42. Monthly Profit Based Term Deposit for 5 (Five) years with monthly payment of profit
03. Mudaraba Monthly Hajj Deposit
44. One Time Mudaraba Hajj Deposit
05. Mudaraba Savings and lnvestment Deposit.
tsank has in the meantime mobilized a substantial amount of deposit under the aforesaid schemes.
it is expected that with the passage of time the schemes will be more popular and Bank will also be
able to attract substantial amount of deposit under the aforesaid schemes. The Bank is
:ontemplating to introduce a good number of new schemes including 'Mudaraba Savings Deposit
and lnvestment Marriage Scheme"
The size of deposit of the Bank as on 3'1112/1997 is shown in the following table :

p€p05!T BV SIZ€
(FtG. tN M|LL|ON)
Range of Deposit No. of Account Amount
1 5000 12899 62.560
5001 1 0000 1 BB5 16.662
1 0001 25000 3865 95.195
25001 50000 1 304 61.979
50001 1 00000 1 089 104.517
1 00001 200000 724 112.748
200001 300000 419 120.961
300001 400000 135 51.285
400001 500000 97 48.415
500001 1 000000 267 236.549
1 000001 2500000 196 362.786
2500001 5000000 47 190.378
5000001 7500000 17 113.500
7500001 '10000000 '15 143.250
1000000'l 50000000 10 354.561
50000001 1 00000000 o1 60.096
I0000000'1 And above 01 109.904
Total : 22971 2245"346
 We are sure that the above Table depicts a balanced holding of deposit and we are confident to
maintain such a harmonious deposit holding in future.
i :,1, i], ::"T:.!ui i i'* :

ln conforrnity with the guidelines of Bangladesh Bank as well as own policy guidelines of the Bank,
we rnade total investment of Tk 3,234.44 miliion during the year. The Bank recoverd Tk. 1.488.90
million and the total investment of the Bank stooci at Tk. 1,745.54 million as on 31/12/1997 against
775.15 million as on 9111211996. The Erowth rate in this connection is 124"/" as against 1O.O7"L oI
National growth, Though the trade and commerce of the country was almost stagnant during the last
year, the Bank investment did not decline rather it registered an increase due to concerted and
relentless efforts put jointly by the Management and employees of all cadres. As of last year, Bank's
investment remained confined to Murabaha, Bai-Muazzal, HP,SM. Bank is, however, in the look out
for good investment clients having undoubted integrity and capacity in order to allow them
investment under Mudaraba/Musharaka Mode" lt may be mentioned that lnvestment allowed by the
Bank under DDIS and Mashjid Madrasha Based lnvestment Schemes have become popular and
substantial amount could be invested under the aforesaid schemes. The distribution of investment
by size and item as well as under DDIS and Masjid Madrasha lnvestment Scheme are given beiow:

INV€STfvl€NT BY StZ€
(FtG. tN M\LL|ON)

Range of lnvestment No" of Account Amount

1 s000 11 0.049
5001 1 0000 131 1.121

1 0001 25000 524 10.401

25001 50000 190 LO75

50001 1 00000 103 6.746
1 00001 200000 225 33.750
200001 300000 140 32.430
300001 400000 90 32.805
400001 500000 ' 91 43.200
500001 1000000 l
241 163.880
1 000001 2500000 206 322.403
2500001 5000000 B1 281.111

5000001 7500000 18 99.OOO

7500001 1 0000000 12 102.600

1000000'1 And above 15 5't7.969
Total : 2078 1745.540

t
 tT€fvl-tu Is€ r N\t€sTfyl€NT :
I SL. No. Name of the ltems Amount in Million
1. Sugar 195.O98
2. Cement 100.884
.). Edible Oil 36.960
4. Baby Food/Milk Powder 45.445
5. Real Estate 78.765
b. Ship Breaking/Scrapvessel 172.775
7 Textile 54.505
B. Garments 1A2.486
9. Potato 20.545
10. CIoth 32.730
I rr M. S. Rod, C.l Sheet & B. P. Sheet '101 .265
ltz Coal 22.960
I rs Nylon & Monofilament Net 29.515
I t+-1E
Chemicals 96.570
lJ. Wheat 47.548
It) Pulse 2.74O
17. PVC Resin 53.215
18. Detergent Power 38.430
10 Cumin Seeds 24.530
Fabrics & Accessories 61.340
21. Computer & Computer Components 23.606
22 Stapler/Pin 6.300
ZJ. Sweater 8.167
.A
Umbrella Cloth & Umbrella Ribs 21.736
Ctr, Fertilizer 41.056
zo. Electric & Electronic items 30.735
L/- Newsprint Paper 45.945
28 Power Tiller 62.886
29. Photocopy & Typewriter 18.575
30. Motor Cycle 19.515
31. SiIK B.so0
3t. Car 16.130
33 Rice 5.665
J+ Wet date 2.O15
Salt 8.500
_?6. Religious Book 6.500
i7 Others 296.581
Total 1745.547
 INV€STTVI€NT UNDGR D€SIR€D DURRBT€S INV€STTVI€NT
SCH€M€ :
Figure in Million
Name of the Branch No. of Client Amount Disbursed Amount
SL No. Outstanding
Motijheel 74 6.091 4.056
I

Agrabad 23 7.000 4.400

2.
215 3.889 3.O77
.). Khulna
52 1 .168 o.722
4 Sylhet
B9 2.387 1.867
5. Satkhira
37 1.526 0"659
b. Bogra
24 1.545 o.980
7. Rajshahi
o Barisal lE) o.563 o.575
6 o.2a7 o.'192
9. Elephant Road
6 a.232 o.268
10. Uttara
'1
o.070 a.o74
11. Nawabpur Road
543 24-674 16.870
Total :

lhvestment unejor Mosiicl MocJrosho Boscd Inveslmont SchemcFigure in Million

:

No. of Client Amouht Disbursed - Amount

SL No. Narnercflhe Branch Outstanding
7 o.175 0.398
1 Motijheel
o.175 0"185
2. Moulvi Bazar
5 0.125 0.o82
3. Khulna
18 0.450 0.368
4. Sythet
12 0.300 o.284
5. Khatungonj
2 0.050 0.058
6. V. l, P. Road
- 0.o50 o.o47
7. Rajshahi
Z 0.050 0.051
.]. Barisal
o.025 o.028
9. Uttara 1

o.o22 o.o24
10. Nawabpur Road 1

57 1,422 'a,525
Total

and extending Tk'

Bank has in the meantime introduced Small Trader's lnvestment Scheme
3O,O0o/- per client without collateral security. Bank however, could
not yet introduce Grameen
has, however finalized a scheme
lnvestment scheme as it has no branch in the rural areas. Bank
in this regard and shall introduce the same in specific villages at the
first instance with the help of
S,.-roervising Hgents.

Foreign €rchange Bustnsss

of Tk' 3,224'56 million
During the vear under review the Bank handled lmport Business to the tune
in this regard is 213"k
as against Tk 1,O30.20 million during the preceding year. The net increase
year amcunted to Tk'
on the other hand the export business handled by the Bank during the
5g2.21 million as against 83.60 million during the preceding year.
The increase in this regard is
60go,,o of the previous year. The Bank has in the meantime
established correspondent relationship
y.rfi.r {,rr::: -:-,: E...pi-ess Bank, standard chartered Bank, Bank of Tokyo Mitsubishi, HSBC
Financiai .lnstitution, Mashreq Asia Limited, Vereins Undue West Bank AG., Rupali Bank Ltd.,
Karachi to enroute the busirtess c{ our clients ali orrer the wcrld through the branches of our
correspondent banks. Vrle are going to enhance the correspondent and agency relationship further
io grow the needs of customers. Very soon agency relationship shall be establishecl with tire Bank
cf Nepat and Bank of Bhutan.
It may be meni'.;ned that we have largely concentrated on Foreign Exchange Busrness Currng the
year under review and efficiently handled the business so far. Due to our efficient handiinq the
Foreign Exchange business. the Irlporters and Exporters have reposed confidence jn tne Bank and
trre business volunre rn this sector rs growing day by day
PRCIFIT PRID TO D€POSITORS
in oroer to gtve better rate of profit to the deposiiors, we have, this year clistributed 75" r:f our
investment income to the Mudaraba Deposit holders. The rate of profit given to different types of
f eposit notders are given below in comparison to 1gg6.

5l t\o. fypes r:f Deposit Rate for 1996 Rate for i 997
iol Muderraba Savings Deposit 7.43"k 7.65"/"
42. Mudaraba 36 Months Term Deposit 9.38% 10.26"k
los Mudaraba 24 Montlrs Term Deposit 9.19"h 10.os%
tuludaraba 12 Months Term Deposit 9.00% L85%
05 Mudaraba O6 Months Term Deposit 8.62"k 9.44"k
06. lt/udaraba O3 Months Term Deposit 8.25"k 9.O3"/o
07. Mudaraba SND 3.28"k 3.59V"
C8 hrlonthly Savings lnvestment 9.19"h 10.o59b
09. Monthly Profit Based Deposit Aic 3.51% 14"46"h
10 Monthly Term Savings Deposit 9.85% 10.77"h
11, Monthly Hajj Deposit 9.94"k 10.8704
12 One Time Hajj Deposit 14.32",/" 11.31"h

CP€RNTING R€SULT NND RPPROPRIRTION

--e Bank made a net profit of Tk. 62,816,138 as on 31 /12/g7. The sumrn ary of operating result is
:S Under ;
Sl. No Particuiars As on 31/12/97 As on 31/12/96
01 Total lncome 196.173 50.977
(\a Less Profit paid to Depositors 72.489 16.209
UJ Less Salary anci other expenses 56.277 30.081
04. Profit 67.407 4.687
05. ApprcpriatiOn of Profit
a) Income Tax 26.896 1.722
b) Statutory Reserrre 13.448 0.937
c) Bcrrus Share payable 25.300
d) Ratained Sarning 1.643 o47

ICRRD M€€TING
- = Boarcj of Directors lreld 15 (Fifteen) Meetings during the year 1997. Apart f rom the above
:'=:;rive Comnritlee also held a number of Meetings during the same period. The meetings of other
- - :ritees such as Recrurtment Committee were also helb for specific purposes.
-
llUr{tf*N fi€SOURC€S
fo build-up an r '',cient work force to run the affairs of the Bank efficientiy, a good number of offrcials
as vvell as Probationary Officers and Asstt. Officers have been recruited. The total number of
malrpower exclt-iding the Managing Director as on 31112/97 stood at 320 as against 171 al the end
cf pi.r-:cerJirlg yeai". Vr/ith the expansion of business of existing branches as weil as to open new
branci-re.; a gcocl nur;rl:er of manpower shall have to be recruited. ln this connection efforts are being
nti,rrie io recr.iiii i'nanpower ha:'"ring religious and banking backgror-rnd so tl-rat they can adopt
llierlsrives witirin the framework of lslami Banking, The detailed categorywise manpower as on
',31 li'"al
-)7 is as i;riclei" :

Si. No. Designation Nos.

01 Serricr Vice President 4
n') Vice President 6

UJ. OSD 1

44. Asstl. Vice President tt

o5: Senlor Prrncipal Ofticer lo

05. Principal Ofticer lr+
q
07. Senior Officer
08. Cfficer JZ+

0s. Probaiionary Of{icer 2

10. Asstt. Ofiicer Gr. I
cq
11 Asstt. Officer Gr. ll 19
"115
12" Asstt. Officer Gr. lll
13. MCG Gr. li 56
4A 7
l+. Driver
Total 320

(u:;Tofrn€R5 5(fiVl(€
il;,rirk is; a strivice ni'ieniad inCustrv. This is more applicable in case of lslami Bank as lslam gives
ini;.-r,:i-tarrce io fruilranrl;rian .-:pprcach and efficient servrce. Thei-efore, steps have been taken for
r'enrJrring efflcient, pioiitpt. effective and irriprorted services to the customers. Apart from providing
co*riiui*r, r-r(iie ccuntirg rnaohrne, etc. in the iront office, Bank is contemplating to go for iotal
ci;rnpuferi,:atiln inciuciii-rg back oriice so that customers' service can be made more efficient.
Lir ;lrri(l{ {}.i}ii N 5IOft
out ,iifcr-i-. have been made to expand network of branches and theroby to bring as many pecple
.,1,1i

.1S L, s:-,1,,i :.r ,.1()r rhe arnbit cf Islami Bankrng. The Board of Drrectors is keen to opetl new branches.
-l-he
:rr.;ii'rl.;€:r r:f the branches orr 3ll1 2/97 was 20. Steps have already been taken to open 16 new
br::nL-lres li:rini; tf!e currenl year and in this connection application is pending in Bangladesh Bank
ior a!:rp,-.vai As:scon as Banqiadesh Bank agrees in principle to allow us to open aforesaid 16
i-irancire,s stecs rn thrs corrnectron will be taken to open the branches in suitable piaces as earlv as
t_)C..;: U ri r

IrililNrNG & fnOTtVIlTlON

ln any commerciai bank, the need for ti'ained and efficient manpower is indispensable ancj vital. To
i'Lln an lslami Bank in traditiorral social set up, the need for trained as well as highly motivated
mainpor/er is r-ncre: pressinE and essential. With this end in view. we have activated training and
molivationai programmes on dr{ferent aspects of practical banking as well as moral reorientation.
During the Vear under review 13 different courses were conducted.
Toial 164 working days involving 16851 man-hours have been spent for rrnparting training to 287
officials of different categories. The trainrng programmes were largeiy attr-,nded by the oraticipants
;vitn zeal and enthusiasm. The Training Acadenry in the recent times has <;cmriisLi d .iliiliirer of
book-iets containing 1500 questions and their answers which has been .NiCeiv ei:r:iaimeci by the
Sank officials in general as well as those whc take interest in isiamrc Bankir-r.g. A scr;. ,rate book-let
on eight special deposits and Investment Schemes has been edited ancJ publisired by the "Ir-aining
and Research Academy.
Sessions on the teachings of the Holy Qur'an are being regularly taken place in the nrorning cf all
worktng days before starting the daily business cf tlre Bank. Sessions on how to deiiver quaiitv
banking services are aiso being helcl continually after Zuhr ;tt,ryer. After Asr praye;' ail emolcr;rees
ar-e enjoined 1o recite fronr the HoiV Qur'an.
The training ancl motivational prograrnmes hat,e inculcatecj team spirit. efficiency and moral
rejuvenation into the participants r.vhich are observed from the tangible behavioural charrge of the
enrployees in general who have been accustcmed lo pr.rfcrnr reguiar obligatlr-y pral;/ets cve i' anrj
above their qradual atJherence to Sunnah of the Holy Pr;ohet of lslam. Ahove ali kecn interest.)nd
flair for delivering quaiiiy services compatibie with tociay's banking need, are on the rise annonE th*
officials which is plausihrle incleed.

RUDIT & INSP€CTION

Audit & lnspection of branches have been conducted by the Audit and inspection Departrner-,1 i:n
;-eguiar basis. The Audit Department has aiready conducted Audit & Inspection of Lrig brernchcs vi;:
Mcti;heel Branch, Agrabad Branch, Moulvi Bazar Branch, Khatungonj Branch, Sylhet Brancl-r. ISoLJra
3ranch. Rajshall Brarrch, Barisal [3ranch during the year 1997. On the basis of Audit Reports slei::;
nave been taken for rectt{ication & reguiarisation of irregularities/lapses made by fi-:e brarncltes. "l-lre
rrregr.rlarities/lapses whicl-r could not be rectified on the spot, constant foilow up is beirg rri:l,Jr: ici"
regularisatiorr/rectification of the same.
Audit Department is being strengthened by recruiting experienced audit officials so that ilre iapses
of the branches coulcj be brought to the knowledge of the Management in tirne enab'ling thefft to rake
steps lor safeguarding the interest of the Bank.
RCTIVITI€S OF SHRRIRI"I (OUNCIL
The Shariah Ccuncrl has Deeir exercising its every effort to rr-rn the Bank in accordance rvirir tl re
lslamic prrnciples.
The lvlanagernent of the bank sought Shariah opinions in connection urith the banking operations of
Citfe'renl occ;,i:iions and accordingly the Council passed their opinron as per lslamic principles.
During the year 1997 the Councit held 6(six) meetinqs.
The Shariah Council also inspected four big branches, viz. Motrjheel. Agrabad. Mouivr Bazar ani
Bajshahi for evalualing the application of lslamic Sharia in the day to day affairsloperations of the
Sank and submitted suggestionsi recomnrendations to the Management.
€L€CTION OF DIR€CTORS
As per Article No. 98 of Articles of Association. B (Eight) Directors will retire in this Annual General
l',4eeting and all of them will be eligibte for re-election.
DIVID€ND
3:ard of Directors has recommended for paying 25'" dividenC to the shareholders {or lhe year lggT
: iras also been decided that the shareholders shall obtarn Bonus Shares out of the aforesaid
:i'',iCend. The matter which needs ratification by the shareholders is placed ior approval.
RPPR€CIRTION
Al-lrarndulrllah. by the grace of the Almighty Ailah. the Bank has made considerable progress in ali
respect of operation during the year.1997" ln this occasion the Boarcl of Directors extends thanks to
the Ministry of Finance, Bangiadesh Bank'and the Govt- Agencies {or providing support and co-
operation at various stages of operation of the Bank. The Board of Directors also lrkes to record its
appreciation to Shariah Council of the Bank whose guidelines have enabled the Bank to conduct the
business on lslamic Frinciples.
Finirlly, tlie Board of Directors expresses its apprecration and thanks to all employees of the Bank
tur tlreir untiring efiorts and dedication in bringing about a better result durrng the yOar under report.
The Board ot Direcr >rs hopes that they shall continue to strive hard to attarn a Detter result in the
comrng year.
May Allah grant us courage, dedication, patience and fortitude to serve the cause of lsiam and go
ahead with our mission to run the Bank as per Shariah Principle.

AMEEN. On behalf of the Board of Directors,

A. Z. M. $hamsul Alam
Chairman
 ITI.-RRITFRH ISTIIMI BRNH TIfVIIT€D

Auditors' Fleport to Shareholders

'//e llave examtired the annexec Balance Sheet of Ai-Arafah lslami Bank Limrted at December
'1997 and 31,
the Profit and Loss Account for the year ended together with notes
thereto as prepared
and produced to us by the Bank for our examination and in which
are incorporated the returns
submitted and certified by Managers ot the branches
St-rblect to contents and consequential elfects of annexed
notes we. under the companies Aci. 1g94
and the Banking Companies Act, '1991 report that in our opinion
and in accordance with informatron
and explanations received by us which to the best of our knowleog"
rn,i belief were necessary,
adequate and satisfactory for the purpose of our audit.
(a) the annexed Balance Sheet and the Profit
& Loss Accorint respectively exhibii a true and faii. view
of the state cf the Bank's affairs at 3"1 December 1g97 and of
the protii ir,i- il-re /ear enderl on that
date and that these Financial Statements contain all the inforrnation
in the rrianner required by the
Companies Act, 1g94;
(b) proper books of account as required by iaw were maintained
by the Bank so far as appeared
from our examination of those books and proper returns adequate
for the purpose of our audii have
been received from branches not visrted by us and such returns were
founcj tc have been properly
maintained and were duiy incorpcrated in preparing the said Financial
Statements
(c) adequate provisions were made for investments
and other assets whicir are doubtful of recovery.
(d) realisation against investments over the amounts fixed
by Bangladesh Bank from time to time
under section 27 of the Banking companies Act, .r99r was found
satisfactory;
ie) Tlre said Financial Statements-
ii) are in agreen-rent with the books of accounts maintained and returns received by the Bank and
exmined by us and have been pr:epared in accordance with
the generaily accepted accounting
principles:
(ii) have been drawn up in confcrmtty with
the Act in force and in accordance with the accounting
ruies and regulations issued by Bangldesh Bank;
(iii) conform to the prescrtbed standards set in the accounting
regulations issued by Bangladesh
Bank after consultation with the professicnal accounting bodies
of Bangiadesh ; and
(f) the financiai position of the Bank at 3'l DecemL:er"
1997 and the profit for the year then ended have
ircen oroperly reficcted in the Financlal Statements;

Howladar Yunus & Co. S. Huda & Co.

Cha rtered Accountarrts.
Chartered Accountants

Dated : Dhaka, Bangladesh

4th March, i 99B
 RI..IiRRFRH ISLRfVII BRNH LIfV}IT€D
flolonco Sheet l'{s on Dscember 31, 1997
I OOA,
.1992
GglrtaL-and ifilies
1=!a b Notes Taka Teka
Aulh-o-risedcagrlal
1.000,0C0 Ordinary Shares of Tk. 1000 each 1"000,000,c0c
issued & Paid up capital : 4.00 101 ,200,000

Eeserve_E
Satatutory Reserve
lc n;rat ieserve
invesrmcnr Loss Oftestting Reservc
26.244,213 2,477.994
Ds-ps s il-&-a!ber Aeq eun-ts.-
Mudaraba Terrn Deposits
Mudarai:a Savings Depcsits
Mudaraba Shori Notice Depo:ils
Deposits (Haj1)
Current and Contrngency Accounts 500
Special Scherne Deposits
1 .305.633,S',]6
EeI r_o_yyt llg F ron olhe r_Eeoktt:g
epnnpanie€-Agen t-s, E t c. 0 0

Bjlls Payab-le 6.00 91 ,633,158 26,744,573

Bilis for Cgllectjpn Being
F_rI_a_Be-seiva Ue _as psl- q gn-tra
Payahle in BanolaCesh fI g.szs.eeo,rl [----- o I
Fayabie outside BanglaCesh r I
iL--------:J
nl
19,525,880 0

Other Liabilities 7.00 291 ,577,932 187.777,i52

Acc5:gtances. Endorsements and
Qther@ 8.00 1.049,432,639 789 031.946

fuofit L Loss Accouat-;

Prcfit (Loss) carriecj forward frorn previous year
Adcl. Profit fcr the year
l- 4, A?T1
I at .z+a.t +s I
(1,980,88s)
4.687,948
2,747.063
Less : Appropriation:
Statutory Reserve I zo,aso.zoo
re,+asr+o I
937.590
Fr-ovision for lncome Tax I I
1,722,CI00
Proposed Bonus Shares I zs,soo ooo I

I os oq+,*+e I
2,659.590
Retaincd Earnrngs 1.643,774 47.473 t/
l-olal 3.833251538 2,412.913,050

Contingent Liabililies 16 00 62,857,867 24,175.372

The acconrpanying notes foi'm an integrai pan cf these iinancial staternents

Q^
Sd/= -

Muhd. Mubarak Hussain Abdul Ahad Nazmul Ahsan Khaled

Senior Vice President Managing Director Direclor
Date : Dhaka Bangladesh
l\4arch 04, 1998

t
 Elspel1y-andisqcls; 1q9Z 1q9_6
c-eEn-. No&s Taka Iaka
jn l.land arrd uiith Bangladesh Bank
arrr Sonali Bank
inclt;dirrg furergn currency 9.00 360,039,330 212.937.989

-
Salance with Other Banks : 'i0.0c
In Bangi:rdsni
i-3%rrs -,468 r:;:;::-=:-r
! 4U /.LlJr+. 1Y5
i tt I

-
Outsicic tsanqladesiri
I +o.sss gr+ I I scz.+gzltz I

435.762.382 509.527.5C7

Msreyjll ca t I _&slt ertl! st}e

i.il1qg[m sjn_Seqgttlies_
ent

!ry_eslnents- 1l.00
(Other than bad and doublful
.n'rdstnrents for uinrch provision har
ceer: nrade to ihe satisfaction
c{ the auditors)
r, , 3a nglardeslr 1,291.769,175
Cutsjde of Bangladesh
1,?91.769,4,/5

F_ds es!:cnased*
Payable in Bangladesh 453,774,118
Payable outside Bangladesh 0
453.771.118
1 745.543.593 779,1 55,55S
B-rIs-Eeeer ya !,tq b€tng_Enl€
fSr Apilec_tiSn_aq per contra
Payable in Bangiacleslr
Payable outsrde Bangladesh

9e n slitu enldliabilrlbq ler

[;.,E19,525,880
[-:l 0

Acceptances. endorsements and

Qf her-s b |lsalieos_as-percaxlra 1,049.432.639 789.031,946
Pfeui_seC_Less : Depres iati on 0 0
f,r,ryritgre & FixtureS r 2.00 37,051.70C 19.691,384
LeELI Depre_ciatiol_l
Other ASSeIs_: 13,00 185.896.014 102,368,668

Tolal 3.833_25L538 ?_412.913,Q5,Q

Srgned as per separate report of even date

Sd/= Sdi= sd/-

Badiur Flahman A. Z. M. Shamsul Alam Hawladar Ysouns & Co. S. Huda & Co.
Director Chairman Charlered Accountants Chartered Accountants
 RI.RRRFNH ISIRfI,II BRNH LIfVIIT€D :

Profit ond loss nccounis for the geor €nc,led Decemb ar 31, 1997

1 997 1 996
AKA Taka
Expenditure Nole,s_ I

Pro{it paid to Mudaraba

72,483,783 16,2A9,127
SiisrinQ Depositors

Salaries & Allowances and

Provident Fund (lncluding salaries
and allowarnces patd to Chief Executive
fcr ine year 1996 Tk. 683.455) 28.167,471 16,720,951

Director's Fees and Comrnittee

Members Fees and Allowances 882.35E 370,299

Bent, Taxes, lnsurances, Lighting, etc. 8,135,389 4,610,010

Law Charges 86,014 18,190

Postage, Teiegrames, Telephones and Stamps s,599,567 i,450,768

Auditors' Fees 40,000 20.000

Depreciation and Repairs

to the Banking Ccmpany's ProPertY 4,960.475 2,551,660

a A-7a ,:.DC.
Stationery, Prrnting, Adverlisement, etc. 3,435,886 L\W I L.J0.)

? 266 qO?
Other Expenditure 14.00 5,141,631

Nei Profit/(Loss) translened to Balance Sheet 67,24A,749 4.687,918 .

/
Total 196.173,323 50.977.391
-__-..-. r//

The accompanying notes form an iniegrai part of tnese f inancial staiements.

e.l /- a.-J /_ )lJl=

Muhd. Mubarak Hassain Abdul Ahad Nazmul Ahsan Khaled

Seniror Vice President 1,4:lnalrnq Director Director

Dateci : Dhaka BanQladesh

lla.i;i: r.t, ,';"-'r;
 1997 1996
lnconne: Notes Taka Taka

liess Pr:vision made during

iire 1",ear ior bad and doubtful
investments and order usual or
necessary provision 136,468,024 29.098,472

Commission and Exchange 50,900,835 19,877,843

Other Receipts 15.00 8,8O4,464 2,001,076

Total 196.173.323 50.977.391

Signed as per separate report of even date

Sd/= Sd/= Sd/= Sd/=

Badiur Rahman A. Z. M. ShamsulAlam Hawladar Younus & Co. S. Huda & Co.
Director Chairman Chadered Accountants Chartered Accounts
 NOT€S TO TH€ FINRNCIRL STRT€M€NTS
FOR TH€ Y€RR €ND€D 3I D€C€MBER 1997

1.OO INTRODUCIION :
The Bank was incorporated in Bangladesh as a banking Company in the year 1996 under
the Companies Act, 19g4. lt has 20 branches all over Bangladesh. lt renders all types
of
.commercial
banking services within the stipulations laid down by the Banking Companies
as a
Act, 19g1 and directives as received from Bangladesh Bank from time to time. Besides,
matter of policy the Bank conducts its business on the lslamic Principles of Musharaka,
Bank.
Murabaha, Bai-Muazzal and Hire putchase transactions as approved by Bangladesh
are
The Bank is one of the interest-free shariah Banks in the country and its modus operandi
substantially different from those of other non Shariah Commercial Banks.

2.OO PR€S€NTRTION OF FINRNCIRL STRT€M€NTS :

Although the operations of the Bank are in strict compliance with the principles of
lslamic
Shariah relating to business activities the financial statements have been prepared basically
in accordance with the formats prescribed under the Banking Companies Act, 1991 '

3.OO RCCOUNT!NG POTICI€S :

(a) Basis of preparation of the financial statements :

These financial statements have been prepared under historical cost covention on
going
concern basis following accounting policies of the Bank'

(b) Consolidation :
A separate set of records for consolidating the Statements of Affairs and lncome and
Expenditure Statements of the branches were maintained at the Head Office of the
Bank in
Dhaka based on which these financial statements have beeh lrer'aro'

(c) Allocation of distributable Profit on Participating funds :

by the
The profit ls shared between the Bank and the depositors at the rates as determined
Managernent.

(d) Forelgn currencies :

(i) Foreign currency transactions are converted into equivalent Taka currency using the ruling
exchange rates on the dates of such transactions'
(ii) Assets ancl liabilities as on December 31 , 1gg7 in foreign curreflcies under regular
accounts are translated into Taka currency at the prevailing anl buying rates of the
concerned foreign currencies. special (wES) accounts are converteo at notional rates'

(e) !nvestments :
(i) lnvestments are shown in the Balance Sheet at net balance after deducting the
accumulated balance of provision for bad and doubtful investmentsiProfiUCompensation
Suspense Account and credit balance of unearned income'
(ii) Profit on ivestment has been accounted for on accrual basis.

(f) Depreciation :
Furniiure and fixtures have been shown at cost less depreciation. Depreciation has been
charged on the written down value of all assets except motor vehicles, on which depreciation
has been chargei cr straiaht line methoo. Rates of depreciation are as under :

T
 Particulars : Rate
Furniture 1O"/o
Motor Car (on cost 20"/o
Equipment 'l5o/o
Books zOYo

(g) Figures of previous year have been rearranged wherever necessary to conform to current
years presentation

4,OO ISSU€D ITND PRID UF CfIPITf{T:

Fully paid up Nos. of Value per Total

shares issued to shares share Taka
SponsorslPromoters 101,200 1,OOO 101 ,200,000
General Public Nil Nit Nir
Government of
Bangladesh Nit Nit Nii
Total ' 101200 1.000 101.200.000
Capital Adequacy requirement was short by Tk. 2.1o crore on the date of Balance Sheet To cover
the above short fall in the CAR, steps have been taken to raise the capital by issue of shares to the
generai public. Moreover. Bonus Shares @ 25"h of the paid uo capital has aiso been proposed.
which is subject to approval of the Bangladesh Bank.

5.OO CURR€NT & CONTING€N(Y RCCOUNTS

1 997 1 966
Current Deposits 338,639,051 222j0A,961
Sundry Deposits 391 ,514,O99 10,722,5V8
Security Deposit 32,513
Security Deposit UC Cash 170,773,586
Profit Payable 13,065,395 3,697,875
Security Money Payable 79,000
'lncome Tax Payable
100,5s7

Total 743.217.545 407.547.OVO

6.00 BtttS POVRBT€ :
Payment Order 65,752,360 23,598,857
Demand Drafts payable 25,880,799 3,145,716

Total 91.633.158 26.744.573

7.OO OTH€R LIf{BITTICS :

Dividend Payable 25,300,000

Zakat Payable 262,O27
Provison for lncome Tax 28,618,299 1,722,OOA
Provident Fund 3,131 ,850 1,217,422
 1997 1 996

Benevolert Fund & Social Security 834,135 184,282

Ha; F oundation 69,OOO 69,OOO

F. C. Depost Accounts (7.01) 9,632,085 3,108,348

WES Fund Heid 7,641,609 81,520,774

Adjusting Account Credit 1,166,687 523,254

Profit payable A/C (lnvestment) 165,661 ,185 92,660,535

Outstanding Expenses 422,OAA 365,500

F. C. Charge 182,737 165,356

AIBL General NC 4,791,951

F. C. held against B. B. UC 47,516,435

Clearing Adjustment 748,817
Cash UC Cover 10B,OOO

Others 283,066 1,448,730

Total 291,577,932 187,777,152

8.OO R(CCPTRNC€S, CNDORS€fUI€NTSRND

OTH€R OBLIGRTIONS RS PCR CONTGfI :
Lbttter of Credit (General) Cash 533,730,231 290,368,000

Letter of Credit (SEM) 2A8,784,936 424,476,546

Back to Back UC 46,656,O10 74,187,404
lnland UC 34,713,OO0

Letter of Guarantee 71,712,859

Back to Back Bills 153,835,603
Total ry
9.OO CRSH IN HftND RND TUITH BRNGLOD€SH BRNH
RND SONRTI BRNH
(a) Cash in Hand
ln Local Currency 119,125,404 60,146,994

ln Foreign Currency 870,742 2,593,O97

11 9,996,146 62,740,O91

(b) Balance witn eangladesh Bank

ln Local Cuirency 226,37',|,198 127,494,165

ln Foreign Currency 1,230,822 20,874,270

227,602,020 148,368,435
(c) Balance with Sonali Bank
ln Local Currency 12,441,164 1,829,463

In Foreign Currency
12,441,164 1,829,463

Totat (a+b+c) -9iggpJE3o 2J-93l-s8e

I
1O.OO BRTRNC€ IIJITH OTH€R BfINHS :
IN BRNGLRD€SH
1 997 1 e96

Dhaka Bank Ltd. Savings AIC 25A,821,265 50,694,568

Ntional Bank Ltd. Current fuC 436,880 1,421,97?

lslami Bank Bangladesh Ltd. Saving A/C 16,665,790 9,626,305

Social lnvestment Bank Ltd CD/SND/SB A/C 79,062,860 96,193,820
NCCBL Current A"/C 1A7,176 2,258
Pubali Bank Ltd. Current A/C 1,061 ,712 1,792,404

Do Current A/C 1,OOO

lFlC Bank Ltd. Current A/C 5,806,505 2,845,918

Prime Bank Ltd. Saving A/C 40,885,280 244,45V,554
394.9P8.468 4w_a34J-95
OUTSID€ BRNGTRD€SH
Standard Chartered Bank, New York 3,637,768 46,129,965
Standard Chartered Bank, London 5,993,673 4,s50,330
Standard Chartered Bank, Karachi 599,295 1,BO2,A4A

Standard Chartered Bank, Calcutta (8s9,665) 2,O00,ooo

Amex Bank Ltd, New York 9,823,563 23,332,530
Amex Bank Ltd. Calcutta 2,270,134 7,AA7,862
Bank of Tokyo Mitsubishi, Tokyo 2,547,193 2,935,454
Bank of Tokyo Mitsubshi, Calcutta 5,365,022 1,619,868
Flupali Bank t tcl. Karachi 56,051 1,709,651
Sonali r" , ,n. valcutta 1,669,.184 1,528,773
Ver' ''q Und West Bank AG, Hamburg 1,564,297 1,276,439
1,"1, i irreq B;i 'i,;ngkong 9,o7,450 8,519,800
Al-Raii r' r:l A 6,Ae7,754
Al-J:,. , ,. K.S.A 1,.192,199
40.833.914 102.492.712

Total 435.762.982 509.527.507

11.O0 tNVCSTryr€NTS :
(a) PRRTICULRRS OF INV€STM€NTS :

1997 1996
Taka Taka
i) lnvestments considered good in respect of which the
Bank is fully secured 173,219,593 779,155,556

ii) Investment considered good for which the Bank ho,ls

debtors' personal security 1 3,351 ,000

iii)lnvestments considred good and secured by

personal security of one or more peisons in adiition to
personal security of debtors

iv) lnvesments considered bad or doubtfu! not provided

for Nit NiI
u45,54Es99 ZZ9-1_5s.5p6-

v) lnvestrnents due by directors or employees of the 68,794,435 Nit

Bank or any of them either severaliy or jcintly with any
other persons or due by companies or firms in whcih the
directors or employees of the Bank are interested as
directors, partners, managing agents or in the case of
private companies, as members

vi) Total amount of investments, including temporary 199,668,622 NiI

investments made any time during the year to directors
or employees of the Bank or any o{ thern either severally
or jointly
with any other persons

vii) Total amount of investments, including temporary 118,365,000 Nil

investments granted during the year to directors or
empioyees of the Bank or by the said directors or
employees either severally or jointly with any other
person in companies or firms in whcih the said directors,
partners, managing agents or in the case of private
companies, as members

viii) lnvestments due from other Banks Nil Nit

 12.00 FURNITUfi€ & FI}iTUR€ T€SS D€PR€CIRTION

,,SI. No. Particulars Opening Addition Deprecition

balance du ring for the Book value as

01-01-97 the year Transfer Total year 1997 on 3l-12-1997

1. Fumiture & Fixture 10,673.854 7,821,471 93,400 18,401,925 r,275.658 17.126,267

2. MachanicalAppliances 7,947,938 11 ,005,844 6,000 18,947,782 1.763,195 17,184,587

3. Vehicles 1,223,934 2.072,811 3,296,805 650.736 2,646.069

4 Books 45,658 70.964 116,622 21,845 94.777

19,891 ,384 20,971 , 1 5C) 99,40C 40763,1 34 3,711,434 J/,U)I,/UU

1997 1996
Taka Taka
13"00 OTH€B IiSS€TS:
Pre-paid Expenses 282.434
Pre-l ncorporation Expenses 1,382,527
Stock of Stationery in hand 2,053,184 1,308,962
Suspense Account 2,741,566 o lo.4lo

Advance Deposit 721,986 328,000

AIB Generai Accor.:nt 114,408,936
WES Fund Purchased 8,768,621 87,.190,306
'128,361
Preliminary Expenses
Adjusting A/C Debit 220,936 24,555
Clearing Adjustment 32,75A,647 5,200,000
Stamp in hand 27,136 28,692
D.D. Without Advice 1,529.606 958"035
Advance Rent 15,O79,373 4,133,832
.:,(lvance lncome Tax (TDS) 7,s94,A23 726,546
Total 185.896.014 102.368,668

Suspense account'.represents advance against TA/DA Tk. 159.012, advance against P&T Tk.
48.1O0, advance against Tax7,594,023, Sundry Debtors (AIIC) Tk. 13.647, Sundry Debtors (SCL)
Tk. 1.OOO, Sundry Debtors (Staff) Tk. 551,953 and Sundry Debtors (others) Tk. 1,967.854.

I
 1997 1996
14.00 OTH€R €XPCNDITURC Taka Taka
Tax ConsultancY Fees 10,ooo 5,000
Travelling 269,214 295,056
Periodicals & NewsPaPers 125,755 48,572
Entertainment 620.286 451,244
Fuel 473,209 168,214
Direct Expenses on Investment (9,844) 2A4
Conveyance 173,620 92,279
Computer ExPenses 231,548 94,778
WASA Cas 143,216 75,913
Ciearing House & Bank Charges 121,974 32,059
Training Expenses 276,125 40,145
tjnaiiocated ExPerrses 1,382,527 345,645
Preliminary ExPenses 128,361 32,090
SubscflPtion 209,300 100,ooo
Zakat 262,O27
Miscellaneous 724,313 4A4,624
Total 5.141.631 2,265,943

15.00 OTH€R R€C€IPTS;

Priniing & StationerY 419,505
Telephone Fax Charges Hecovered 160,418 41,400
Legal ExPenses Recovered 100 725
Telex Charges Recovered 3,924,245 794,557
P&TChargesRecovered 1,505,636 267,556
Misc. Earnings 2794560 896838
Total 8.804.464 2.001.076

16.00 CONTING€NT LIfIBITTI€S :

(i) Claims against the Bank not
acknowiedged as debts
(ii) Money for which the Bank
is contigently liable in respect of
guarantees given favouring
Directors or Officers
Governnnent
Banks & other Financial
lnstitutions
Others 71712859 24,278.372
71712859 24,278,372
Less Margin 8854992 103.000
W 24.175.372
(iii) Liablity on accour:t of outstanding
Forward exchange contracts
Total 62.857.867 24.175.372

Sd/= Sd/= Sd/= Sd/=

Irlanaging Director Director Director Director

i
l