Statement Containing Salient features of Balance-sheet and Profit & Loss Account etc.

as per Section 219(1)(b)(iv)and Form 23AB of RBI

Name of the C.C. Bank -The Balasore Bhadrak Central Co-operative Bank Ltd.

Abridged Balance-sheet as at 31-03-2024

	SOURCES OF FUND	Figure as at the end of
Code No.	Particulars	Current Financial Year 31-03-2024	Previous Financial Year 31-03-2023
1	Capital	2,206,777,347.17	2,052,468,185.27
	Reserves & Surplus	2,000,641,949.19	1,868,732,658.52
	Deposits	26,445,587,171.28	24,477,309,943.74
	Borrowings	12,808,988,422.26	12,637,344,454.26
	Other Liabilities & Provisions	5,578,426,749.82	4,689,490,819.81
	Total	49,040,421,639.72	45,725,346,061.60
ii	APPLICATION OF FUNDS
	( a ) Cash Balances	144,417,252.00	136,980,649.00
	(b) Balances with Banks	15,024,589,406.12	13,809,273,973.61
	( c ) Investments	6,556,773,304.92	6,033,848,474.65
	(d) Advances	25,136,563,049.34	23,647,024,612.91
	( e ) Fixed Assets	347,981,535.23	344,077,685.00
	( f ) Other Assets	1,830,097,092.11	1,754,140,666.43
	Total	49,040,421,639.72	45,725,346,061.60
i	( a) Interest On Loans & Advances	3,189,564,188.96	2,686,767,042.78
	( b) Other Income	87,608,219.69	27,701,745.85
	TOTAL	3,277,172,408.65	2,714,468,788.63
ii	EXPENDITURES
	(a) Interest on Deposit & Borrowings	2,202,399,961.50	1,975,674,530.60
	(b) Operting Expenses	323,154,622.76	249,544,638.12
	( c ) Provisions	655,431,292.41	374,353,557.05
	(d) Income Tax paid for the Year 2021-22	0.00	63,504,325.00
	Net Profit C/O to Balance-Sheet	96,186,531.98	51,391,737.86
	TOTAL	3,277,172,408.65	2,714,468,788.63
iii	Profit before Tax	124,723,199.98	90,034,351.86
iv	Provision for Taxation	28,536,668.00	38,642,614.00
v	Profit after Tax	96,186,531.98	51,391,737.86
vi	Proposed Dividend	19,237,306.40	10,278,347.57
vii	Transfer to Reserve & Surplus	76,949,225.58	41,113,390.29