THE LIC EMPLOYEE CO-OPERATIVE BANK LIMITEDFINANCIAL-STATUS 2023-24
| FINANCIAL-STATUS | |||||
|---|---|---|---|---|---|
| Figures for2021-22 | Expenditure | Figures for2022-23 | Figures for2021-22 | Income | Figures for2022-23 |
| 75,899,723.00 | To Interest on Deposits | 77190450.00 | 79676531.00 | By Interest Received on Loans | 90465769.00 |
| 11232176.00 | Staff Cost :Salaries & Allowances | 11620508.00 | 42603710.19 | Interest on Investments | 38985597.56 |
| 113425.00 | Director's Fees, allowances & expenses | 179437.00 | 118.60 | Commission, Exchange and Brokerage | 80.62 |
| 1990849.00 | RENT, TAXES, INSURANCE & LIGHTING ETC. | 2188872.00 | 10556609.80 | Other Income | 1476576.04 |
| 98700.00 | Law Charges | 50000.00 | |||
| 162105.00 | POSTAGE, TELEPHONE & TELEGRAPHS | 236262.00 | |||
| 509500.00 | Auditors' Fee | 509500.00 | |||
| 4338841.35 | Repairs & Depreciation to Property | 8220493.10 | |||
| 442827.70 | Stationery, Printing & Advt. | 560891.32 | |||
| 21510718.90 | Other Expenditure | 2744633.27 | |||
| 101000.00 | Premium on Govt. Securities | 101000.00 | |||
| 83910.00 | PROVISIONS & CONTINGENCIS | 887768.00 | |||
| 16353193.64 | Profit before Tax | 26438208.53 | |||
| 1717460.00 | Provision for Income Tax | 6622316.00 | |||
| 14635733.64 | Net Profit | 19815892.53 | |||
| 132836969.59 | Grand Total: | 130928023.22 | 132836969.59 | Grand Total: | 130928023.22 |
BALANCE SHEET AS ON 31ST MARCH, 2023
| FINANCIAL-STATUS | |||||
|---|---|---|---|---|---|
| Figures for2021-22 | CAPITAL & LIABILITIES | Figures for2022-23 | Figures for2021-22 | PROPERTY AND ASSETS | Figures for2022-23 |
| 1. SHARE CAPITAL : | 3305084.67 | 1. CASH & BANK BALANCES | 6174308.92 | ||
| 67192200.00 | Authorised Capital | 79244800.00 | |||
| Subscribed & Paid up Capital | 67303318.04 | 2. OTHER BANK BALANCES | 78963980.07 | ||
| 117900802.08 | 2. RESERVE FUND & OTHER RESERVE | 128496424.72 | 102254679.00 | 3. Deposit in Other Bank | 130000000.00 |
| 1380066146.33 | 3. Deposits & OtherAccounts | 1519434972.55 | 4. MONEY AT CALL & Short Notice | 0.00 | |
| 4.Branch Adjustments : | 545530198.00 | 5. INVESTMENTS | 460183877.00 | ||
| 5.Overdue Interest Reserve | 779759771.00 | 6. ADVANCES | 1001248799.00 | ||
| 6.PMC FD interest accrued | 7. Interest Receivable | ||||
| 304470.00 | 7.Interest Payable | 452688.00 | 78072974.58 | 8. Premises | 74062443.58 |
| 17527837.66 | 8.Other Liablities | 31271327.54 | 5038177.91 | 9. Furniture and Fixtures | 5770511.05 |
| 9.Profit and Loss | 10. Plant & Machinery | ||||
| 14635733.64 | 2021-2022<Net Profit>2022-2023 | 19815892.53 | 847211.00 | 11. Computer & accessories | 3203559.00 |
| 1457941.23 | 10. Contingent Liabilities (DEAF A/C) | 1490353.23 | 15515775.51 | 12. Other Assets | 19108626.72 |
| 1457941.23 | 13. Contingent Assets - Others A/c | 1490353.23 | |||
| 1599085130.94 | Grand Total: | 1780206458.57 | 1599085130.94 | Grand Total: | 1780206458.57 |