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Walter Jerome Cross
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1 Outreach and Portfolio Data A COVERAGE District No Total Rural Municipal/Municipality No B OFFICE NETWORK 1 Central Office No Regional/Area Office No Branches No Total C OUTREACH 1 Active Borrowers No. 4,577 14,068 19,956 26,568 34,032 41,559 Percentage of Active Borrower % 35% 69% 70% 71% 72% 72% 2 Active Members 2.1 This period No. 6,271 7,356 8,120 8,912 9,846 10,455 - New Member No. 7,797 7,500 8,500 9,500 10,600 11,809 - Drop-out Member No. 1, , Cumulative No. 13,032 20,388 28,508 37,420 47,266 57,721 3 No. of Groups No. 3,396 4,078 5,702 7,484 9,453 11,544 4 No. of Centers 4.1 Total center No ,150 1,400 1,800 2,150 2, Average member per center No Retention Rate 5.1 Retention Rate (Active member) % 90% 99% 99% 98% 98% 98% 5.2 Retention Rate (Active borrowers) % 46% 116% 88% 90% 92% 91% D LOAN PORTFOLIO 1 Loan Disbursement - This period Rs.' , ,744 1,595,315 2,342,543 3,096,225 3,951,583 - Cumulative Rs.' ,738 1,428,482 3,023,797 5,366,341 8,462,566 12,414,149 2 Loan Repayment -This period Rs.' , ,509 1,108,905 1,739,398 2,479,056 3,254,741 - Cumulative Rs.' ,121 1,162,631 2,271,536 4,010,934 6,489,990 9,744,731 3 Loan Outstanding Rs.' , ,400 1,041,811 1,644,955 2,262,125 2,958,967 4 Repayment Rate 99.44% 99.67% 99.81% 99.89% 99.93% 99.95% E CLIENTS' DEPOSIT 1 Mandatory Savings Rs.'000 60,056 82, , , , ,617 2 Voluntary Savings Rs.'000 72,542 99, , , , ,553 Total Savings Balance Rs.' , , , , , ,171 3 Saving to Loan Ratio 36.92% 32.79% 26.72% 25.41% 27.37% 30.62% Page 1 of 16

2 Annex I Balance Sheet Base year A NET WORTH 1 Share Capital Rs.'000 60,000 60, , , ,000 2 Reserve Rs.'000 22,802 4,159 10,663 23,710 45,931 79, General Reserve fund Rs.'000 5,671 2,377 6,093 13,549 26,246 45, Other Reserve fund Rs.'000 17,132 1,783 4,570 10,162 19,685 34,212 3 Accumulated profit/loss Rs.'000-1,648 4,356 10,416 21,409 38, Prior years' retained earnings/losses Rs.' ,648 4,356 10,416 21, Current year earning/loss (after provis Rs.'000-1,648 2,708 6,060 10,994 17,517 B LIABILITIES TOTAL EQUITY Rs.'000 22,802 65,807 75, , , ,753 1 Long Term Liabilities (Fund) Rs.'000-3,528 7,385 12,962 20,292 29, Life and housing protection scheme Rs.'000 1,711 2,281 3,030 3,975 5, Loan Insurance Fund Rs.'000 1,817 5,103 9,933 16,317 24,467 2 Borrowing Rs.' , , ,525 1,099,525 1,449,525 1,749, Borrowings Rs.' , , ,525 1,099,525 1,449,525 1,749,525 3 Current Liabilities Rs.' , , , , , , Client savings Rs.' , , , , , ,171 a. Mandatory Rs.'000 60,056 82, , , , ,617 b. Voluntary Rs.'000 72,542 99, , , , , Dividend Payable Rs.'000-4,754 7,432 14,911 25,396 38, Income Tax/Tax Payable Rs.'000-5,094 7,963 15,977 27,209 41, Other liabilities Rs.'000 8,256 8,339 8,422 8,507 8,592 8,677 TOTAL LIABILITIES Rs.' , ,361 1,009,139 1,569,943 2,150,156 2,774,211 TOTAL LIABILITIES & EQUITY Rs.' , ,168 1,084,158 1,704,069 2,337,496 3,036,964 C ASSETS 1 Current Assets Rs.' , ,932 1,071,686 1,686,881 2,314,556 3,006, Cash & bank balance Rs.'000 5,518 13,508 42,285 60,385 76,905 78,658 a. Cash & bank current accounts Rs.' ,891 33,021 37,226 34,061 33,672 b. Interest bearing deposits Rs.'000 5,514 6,617 9,264 23,159 42,844 44, Total loan portfolio Rs.' , ,868 1,028,567 1,625,243 2,235,773 2,925,083 a. Loan outstanding (Gross) Rs.' , ,400 1,041,811 1,644,955 2,262,125 2,958,967 b. Loan loss reserve Rs.'000 (5,817) (8,532) (13,244) (19,712) (26,352) (33,884) 1.3 Other current assets Rs.' ,252 1,878 2,817 2 Long-term Assets Rs.'000 3,943 8,236 12,472 17,189 22,940 30, Fixed assets (net) Rs.'000 3,833 7,099 9,628 11,786 13,698 15, Mid/Long-term investments Rs.' ,137 2,844 5,403 9,242 15,000 TOTAL ASSETS Rs.' , ,168 1,084,158 1,704,069 2,337,496 3,036,964 Page 2 of 16

3 Income Statement FINANCIAL INCOME Annex-II 1 Interest and fee income on loans Rs.'000 50,169 89, , , , ,321 Less: Gross receipt tax 2 Income on investments Rs.' ,226 1,472 1,766 Financial Cost Total Financial Income Rs.'000 50,750 90, , , , ,087 1 Interest on debts Rs.'000 11,899 24,952 49,952 89, , ,952 2 Interest paid on deposits Rs.'000 6,997 12,394 18,836 28,239 41,499 59,880 Total Financial Cost Rs.'000 18,896 37,346 68, , , ,833 A Net Financial Margin Rs.'000 31,854 53,257 75, , , ,254 Other Operating Income Rs.' ,487 16,563 24,005 31,509 40,026 1 Commission & Discount Rs.'000-8,655 15,647 22,998 30,401 38,807 2 Other Program Income Rs.' ,008 1,108 1,219 B Total Operating Income Rs.'000 32,611 62,745 92, , , ,280 Operating Expenses Rs.'000 22,782 41,351 58,484 83, , ,564 1 Personnel expense Rs.'000 13,687 27,141 38,088 56,390 74,126 88,268 2 Retirement Benefits for Employees Rs.' ,137 1,706 2,559 3,839 5,758 3 Other operational expenses Rs.'000 8,336 13,073 18,690 24,598 30,900 37,538 Income Before Loanloss Provision Rs.'000 9,829 21,393 33,909 65, , ,716 Provision for loan losses Rs.'000 2,691 2,716 4,711 6,468 6,640 7,532 Total Expenses from Operation Rs.'000 44,368 81, , , , ,929 Operating Income Rs.'000 7,139 18,677 29,198 58,581 99, ,184 1 Non-operational expense Rs.'000 2 Return from Provision from loss Rs.'000 (160) Total Expenses Rs.'000 44,208 81, , , , ,929 C Net INCOME FROM OPERATION Rs.'000 7,299 18,677 29,198 58,581 99, ,184 1 Bonus for Employees Rs.'000 1,698 2,654 5,326 9,070 13,835 D EARNINGS BEFORE TAX Rs.'000 7,299 16,979 26,544 53,255 90, ,349 1 Tax Provision Rs.'000 5,094 7,963 15,977 27,209 41,505 E NET INCOME AFTER TAX Rs.'000 7,299 11,886 18,581 37,279 63,489 96,844 Provisions of Profit Distribution Rs.'000 7,299 10,238 15,872 31,219 52,495 79,328 1 General reserve fund Rs.'000 1,825 2,377 3,716 7,456 12,698 19,369 2 Capital Redemption Fund Rs.'000 5,474 1,189 1,858 3,728 6,349 9,684 3 Bank development fund Rs.' ,864 3,174 4,842 4 Proposed Dividend Rs.'000 4,754 7,432 14,911 25,396 38,738 5 Staff welfare fund Rs.' ,270 1,937 6 Clinet Protection Fund Rs.' Staff Training Fund Rs.' ,194 1,768 2,339 2,821 8 Corporate Social Responsibility Rs.' F NET INCOME AFTER PROVISIO Rs.'000-1,648 2,708 6,060 10,994 17,517 Grants and Donations G Profit & Loss Transferred to Balan Rs.'000-1,648 4,356 10,416 21,409 38,926 1 Previous years' profit B/d Rs.' ,648 4,356 10,416 21,409 2 Current years profit Rs.'000-1,648 2,708 6,060 10,994 17,517 Page 3 of 16

4 Insurance Fund 1 Life and housing protection scheme fund Life and housing protection scheme f Rs.'000 1,303 2,039 2,851 3,742 4,727 5,772 Compansation Paid Rs.'000 1,631 2,281 2,994 3,781 4,618 Balance Rs.'000 1,303 1,711 2,281 3,030 3,975 5,129 2 Loan Insurance Fund Loan Insurance Rs.'000 6,058 10,953 16,098 21,281 27,165 Compansarion Piad Rs.'000 4,241 7,667 11,269 14,896 19,015 Balance Rs.'000 1,817 5,103 9,933 16,317 24,467 Annex-III Cash Flow Statement A Cash Flow from Operating Rs.'000 (8,681) (23,392) 36,819 (7,149) 21,377 15,588 1 Cash Inflow Rs.'000 51, , , , , , Interest income Rs.'000 50,750 90, , , , , Other Income Rs.' ,487 16,563 24,005 31,509 40,026 2 Cash Outflow Rs.'000 44,368 88, , , , , Interest Expenses Rs.'000 18,896 37,346 68, , , , Personnel Expenses Rs.'000 14,446 28,279 39,794 58,950 77,965 94, Office Operational Expenses Rs.'000 8,336 13,073 18,690 24,598 30,900 37, Income Tax Expenses Rs.'000-5,094 7,963 15,977 27,209 41, Other Expenses Rs.'000 2,691 2,716 4,711 6,468 6,640 7, Bonus to the staff Rs.'000 1,698 2,654 5,326 9,070 13,835 Cashflow before Working Rs.'000 7,299 11,886 18,581 37,279 63,489 96,844 3 Decrease (Increase) in Current Rs.'000 (202,494) (194,732) (483,683) (599,653) (614,995) (696,007) 1. Decrease/(Increase) in Investment Rs.'000 (110) (1,027) (1,706) (2,559) (3,839) (5,758) 2. Decrease/(Increase) in Loan & Rs.'000 (202,383) (193,519) (481,699) (596,677) (610,530) (689,310) 3. (Increase) Decrease in Other Rs.'000 (0) (186) (278) (417) (626) (939) 4 Increase (Decrease) in Operating Rs.' , , , , , , Increase (Decrease) in Saving Rs.'000 59,376 49,524 96, , , ,028 2.Increase (Decrease) in Short term Rs.' , , , , , , Increase (Decrease) in Other Rs.'000 7,543 9,931 5,631 15,577 21,802 27,723 B Cash Flow From Investing Rs.'000 (998) (3,265) (2,529) (2,158) (1,913) (1,707) 1. Decrease/(Increase) in Fixed Rs.'000 (998) (3,265) (2,529) (2,158) (1,913) (1,707) C Cash Flow From Financing Rs.' ,647 (5,513) 27,407 (2,944) (12,128) 1. Increase (Decrease) in Share Rs.'000-60,000-40,000 20,000 24, Increase (Decrease) in Other Rs.' (25,353) (5,513) (12,593) (22,944) (36,128) D Cash Flow from Total Activities of the Rs.'000 (9,535) 7,990 28,777 18,101 16,520 1,753 E Opening Cash & Bank Balance Rs.'000 15,053 5,518 13,508 42,285 60,385 76,905 F Closing Cash & Bank Balance Rs.'000 5,518 13,508 42,285 60,385 76,905 78,658 Page 4 of 16

5 Performance Indicators A. PORTFOLIO QUALITY 1 On-time Repayment Rate Percent 99.44% 99.67% 99.81% 99.89% 99.93% 99.95% 2 Loan Loss Reserve Ratio Percent 1.62% 1.54% 1.27% 1.20% 1.16% 1.15% 3 Write-off Ratio Percent 0% 0% 0% 0% 0% 0% B SUSTAINABILITY/PROFITABILITY 1 Overall Operating Self-sufficiency Percent 117% 123% 122% 128% 135% 142% 2 Overall Financial Self-sufficiency Percent 102% 111% 109% 114% 119% 124% 3 Adjusted Return on Total Assets Percent 2.74% 3.64% 3.21% 3.82% 4.49% 5.15% 4 Adjusted Return on Performing Percent 3.84% 3.64% 3.21% 3.82% 4.49% 5.15% 5 Adjusted Return on Equity Percent 38% 38% 38% 51% 56% 61% C EFFICIENCY 1 Total Cost per Avg. Portfolio Outst. Percent a Opt. cost per avg. portfolio outst. Percent b Fin. cost per avg. portfolio outst. Percent c Loan loss prov. per portfolio outstd. Percent d Average cost of debt Percent e Average cost of funding liabilities Percent Operating Cost per Loan Rs.' Case Load a Active client per loan officer No b Active borrower per loan officer No c Average portfolio per Loan Officer Rs.'000 5,131 9,146 11,409 15,805 22,983 29,006 4 Yield on Portfolio Percent 27.9% 19.6% 18.0% 18.0% 18.0% 18.0% D CAPITAL STRUCTURE 1 Equity Multiplier Debt to Equity Ratio Percent E OUTREACH 1 Active Clients (Members ) 1.1 This period No. 6,271 7,356 8,120 8,912 9,846 10,455 - New Member No. 7,797 7,500 8,500 9,500 10,600 11,809 - Drop-out Member No. 1, , Cumulative Clients (Members) No. 6,271 13,627 21,747 30,659 40,505 50,960 2 Active Non-C&S Clients No Active Borrowers (on an individual No. 4,577 14,068 19,956 26,568 34,032 41,559 4 Active Savers (on an individual No. 6,271 13,627 21,747 30,659 40,505 50,960 5 Retention Rate 5.1 Retention Rate (Active member) Percent 80% 99% 98% 98% 98% 97% 5.2 Retention Rate (Active borrowers) Percent 46% 116% 88% 90% 92% 91% F FOCUS ON LOW INCOME CLIENTS 1 Average Loan Size (Loan Rs.' Average Savings Amount Rs.' G ASSETS STRUCTURE 1 Cash in hand and cash at bank Percent 0.0% 1.2% 3.0% 2.2% 1.5% 1.1% 2 Short-term investments Percent 1.5% 1.2% 0.9% 1.4% 1.8% 1.5% 3 Mid-term investments Percent 0.0% 0.2% 0.3% 0.3% 0.4% 0.5% 4 Loan portfolio Percent 97% 96% 95% 95% 96% 96% 5 Fixed assets & others Percent 1% 1% 1% 1% 1% 1% 100% 100% 100% 100% 100% 100% H Cost per unit of money lent Page 5 of 16

6 Assumptions for Financial Ratios A ASSETS Total assets Rs.' Average Assets Rs.' Performing Assets Cash & dues & STI Rs.' Loan portfolio Rs.' Long term investments Rs.' Total performing assets Rs.' Average Performing Assets Rs.' B EQUITY Total Equity Rs.' Average Equity Rs.' Portfolio Outstanding Rs.'000 Portfolio Outstanding Rs.' Avg. Portfolio Outstanding Rs.' C IMPUTED COST OF CAPITAL Inflation Adjustment Equity Rs.' Average equity Rs.' Net fixed assets Rs.' Average net fixed assets Rs.' Average net worth -net fixed assets Rs.' Inflation Rate Rs.'000 11% 11% 11% 11% 11% 11% Imputed cost of capital on net worth and fixed On Loan Fund Total borrowed fund outstanding Rs.' Average borrowed fund outstanding Rs.' Commercial rate of interest Rs.'000 12% 12% 12% 12% 12% 12% Interest at commercial rate Rs.' Interest as per income statement Rs.' Imputed cost of borrowing Rs.' Total Imputed Cost Rs.' D STAFF Total Staff No Loan Officer (Center Manager) No Page 6 of 16

7 Operating Expenses a Personnel Expense Rs.'000 13,687 27,141 38,088 56,390 74,126 88,268 b Total Administrative Expense Rs.'000 8,336 13,073 18,690 24,598 30,900 37, Rent Rs.'000 2,417 3,259 4,305 5,936 7,489 8, Ele./Water/Fuel Rs.' ,180 1, Maintenance Rs.' Insurance premium Rs.' Communication Rs.' ,321 1,753 2, Travel Rs.' ,561 2,117 2,648 3, Stationery Rs.' ,144 1,709 2,329 3, News Paper & Books Rs.' Advertisement Rs.' Legal Rs.' Boards/Sub-Comitte Meeting Rs.' General Assembly Rs.' Audit Fee Rs.' Bank Commission Rs.' Depreciation Rs.'000 1,135 1,885 3,040 3,712 4,304 4, Contingency Expenses Rs.' Share Issue Expenses Rs.' Technical Service Expenses Rs.' ,019 1, Refreshment Rs.' Assets written off Rs.' Security Expenses/Membership Fee Rs.' Loan Security Premium Rs.' Commission & Discount Rs.'000 1,325 1,458 1,604 1,764 1,940 2, Others Rs.' ,823 2,884 4,176 5,968 8,505 a - Bag, umbrella and calculator Rs.' b - Closing Rs.' c - Recruitment Rs.' ,488 2,231 3,347 d - Non-durable assets Rs.' e Casual Expenses Rs.' f - Renewal tax Rs.' g Staff Tiffion Expense Rs.' h Others Rs.' i Training Rs.' ,179 1,664 2,268 Member Rs.' ,327 Staff Rs.' Total Rs.'000 22,023 40,214 56,778 80, , ,806 Page 7 of 16

8 Fixed Assets A General Fixed assets 1 Furniture-This year's purchase Rs.' Current year depreciation (25%) Rs.' Book value Rs.'000 1,287 1,685 1,984 2,088 2,046 1,834 2 Vehicle-This year's purchase Rs.'000 1,000 1,100 1,210 1,331 1,464 - Current year depreciation (20%) Rs.' Book value Rs.' ,445 2,036 2,597 3,142 3,685 3 Computer-This year's purchase Rs.' ,500 1,650 1,815 1,997 2,196 - Current year depreciation (25%) Rs.' ,094 1,320 1,539 - Book value Rs.' ,766 2,562 3,283 3,959 4,617 4 Office Equipments-This year's purcha Rs.' ,440 1,584 1,742 1,917 2,108 - Current year depreciation (25%) Rs.' ,053 1,269 1,479 - Book value Rs.' ,709 2,470 3,159 3,807 4,436 5 Other Equipments-This year's purcha Rs.' Current year depreciation (25%) Rs.' Book value Rs.' Software- This Year's purchase Rs.' Current year depreciation Rs.' Book value Rs.' Sub-total-This year's purchase Rs.'000 2,133 5,150 5,569 5,870 6,217 6,535 - Current year depreciation Rs.'000 1,135 1,885 3,040 3,712 4,304 4,828 - Book value Rs.'000 3,833 7,099 9,628 11,786 13,698 15,405 Total-This year's purchase Rs.'000 2,133 5,150 5,569 5,870 6,217 6,535 - Current year depreciation Rs.'000 1,135 1,885 3,040 3,712 4,304 4,828 - Book value Rs.'000 3,833 7,099 9,628 11,786 13,698 15,405 Page 8 of 16

9 A General Loan Loan Portfolio 1 No. of loan No. 4,416 13,252 18,530 24,323 30,723 37,519 2 Disbursement Rs.' , ,871 1,074,752 1,459,380 1,874,097 2,326,156 3 Collection Rs.' , , ,547 1,224,399 1,620,567 2,049,850 4 Outstanding Rs.' , , , ,702 1,142,232 1,418,538 B 5 Average loan size Rs.' Micro-Enterprise 1 No. of loan No ,039 2,851 3,742 4,727 2 Disbursement Rs.'000 30,080 13, , , ,660 1,181,650 3 Collection Rs.'000 7,951 17,646 75, , , ,327 4 Outstanding Rs.'000 22,129 17, , , ,640 1,248,963 C 5 Average loan size Rs.' Seasonal Loan 1 No. of loan No. 1,672 8,155 11,403 14,968 18,906 23,088 2 Disbursement Rs.'000 26, , , , , ,414 3 Collection Rs.'000 19,773 50, , , , ,677 4 Outstanding Rs.'000 13,805 85, , , , ,893 5 Average loan size Rs.' D. Colletera Based Losn 1 No. of loan No. 2 Disbursement Rs.'000 5, Collection Rs.'000 1,060 1, Outstanding Rs.'000 4,740 4,740 3,580 3,580 3,580 3,580 5 Average loan size Rs.' D. Emergency 1 No. of loan No. 1,007 6,516 10,194 14,254 18,710 23,633 2 Disbursement Rs.'000 4,842 16,290 30,582 42,762 56,130 70,899 3 Collection Rs.'000 4,704 14,661 27,524 38,486 50,517 63,809 4 Outstanding Rs.'000 1,207 2,836 5,894 10,170 15,783 22,873 E 5 Average loan size Rs.' Motherhood Loan 1 No. of loan No Disbursement Rs.'000 11, , , , , , Collection Rs.'000 4, ,934 1,552 1,920 2,474 3,079 4 Outstanding Rs.'000 7, ,047 1,371 1,733 2,118 5 Average loan size Rs.'000 #DIV/0! TOTAL Total No. of Loans No. 7,095 28,094 42,223 56,471 72,176 89,082 1 Loan disbursement Rs.' , ,744 1,595,315 2,342,543 3,096,225 3,951,583 2 Loan repayment Rs.' , ,509 1,108,905 1,739,398 2,479,056 3,254,741 3 Loan outstanding Rs.' , ,400 1,041,811 1,644,955 2,262,125 2,958,967 AVERAGE LOAN SIZE Rs.' Page 9 of 16

10 Interest Income from Loan 1 General Loan Rs.'000 45,549 75,320 98, , , ,469 2 Micro-Enterprising Loan Rs.'000 1,476 3,568 23,908 73, , ,934 3 Seasonal Loan Rs.'000 2,165 8,974 19,381 26,970 34,685 43,024 4 Colletera Based Lending Loan Rs.' Emergency Rs.' ,205 1,947 2,899 6 Motherhood Loan Rs.' Total 50,169 89, , , , ,321 Client Savings A Mandatory Rs.'000 60,056 82, , , , ,617 1 Group savings Rs.'000 28,636 38,662 68, , , ,360 2 Center fund Rs.'000 31,420 43,988 57,184 68,621 75,483 79,257 B Voluntary Rs.'000 72,542 99, , , , ,553 1 Personal Savings Rs.'000 18,974 23,718 33,205 56, , ,570 2 Child Education/Pension savings Rs.'000 40,840 65, , , , ,278 3 Festival Savings Rs.' Welfare fund Rs.' ,718 4,296 10,741 26,851 67,129 4 Motherhood Savings Rs.'000 3,398 4,078 5,097 6,626 9,277 17,626 5 Nominee Pension Savings Rs.'000 3,324 3,989 7,977 15,955 31,909 63,818 6 Rs.'000 5,265 Total Savings Balance Rs.' , , , , , ,171 Interest on Savings A Mandatory Rs.'000 3,617 5,708 8,313 12,054 16,401 21,379 1 Group savings Rs.'000 1,674 2,692 4,266 7,022 10,637 15,189 2 Center fund Rs.'000 1,943 3,016 4,047 5,032 5,764 6,190 B Voluntary Rs.'000 3,380 6,685 10,522 16,185 25,098 38,502 1 Personal Savings Rs.' ,708 2,277 3,586 6,322 10,567 2 Education/Pension Fund savings Rs.'000 2,350 4,537 7,582 11,457 16,540 22,942 3 Festival Savings Rs.' Welfare fund Rs.' ,504 3,759 4 Women Savings Rs.' ,224 Total Savings Balance Rs.'000 6,997 12,394 18,836 28,239 41,499 59,880 Page 10 of 16

11 Borrowing Status A B C Wholesale Lender/ Commercial Bank/Development Bank 1 Borrowing Rs.' , , , , , ,000 2 Repayment Rs.'000 50,000 3 Outstanding Rs.' , , ,525 1,099,525 1,449,525 1,749,525 4 Interest Rate Percent 5.0% 10.0% 10.0% 10.0% 10.0% 10.0% Bond/Debenture 1 Borrowing Rs.' Repayment Rs.' Outstanding Rs.' Interest Rate Percent 8.0% 8.0% 8.0% 8.0% 8.0% 8.0% TOTAL 1 Borrowing Rs.' , , , , , ,000 2 Repayment Rs.'000-50, Outstanding Rs.' , , ,525 1,099,525 1,449,525 1,749,525 D Interest on borrowing 1 Wholesale Lender/Develooment Bank Rs.'000 11,899 24,952 49,952 89, , ,952 2 Bond/Debenture Rs.' Total 11,899 24,952 49,952 89, , ,952 Page 11 of 16

12 Details of Loan Loss Provision 2016/ / / / / /22 A Loan Outstanding (Gross) Rs.' , ,400 1,041,811 1,644,955 2,262,125 2,958,967 B Portfolio in Arrears 1 > 1 month < 3 months Rs.'000 1,051 1, > 3 months < 9 months Rs.' > 9 months < 12 months Rs.'000-4 > 12 months Rs.'000 1,914 1,914 1,723 1,551 1,396 1,256 Total Rs.'000 3,288 3,288 3,060 2,855 2,670 2,504 PAR (Portfolio at Risk) Rs.'000 3,288 3,288 3,060 2,855 2,670 2,504 PAR percent of overdue amount 100% 100% 100% 100% 100% 100% Portfolio in Arrears> 3 months Rs.'000 2,237 2,237 2,062 1,907 1,769 1,648 PAR (Portfolio at Risk)> 3 months Rs.'000 2,237 2,237 2,062 1,907 1,769 1,648 C Fresh Loan Rs.' , ,112 1,038,750 1,642,101 2,259,455 2,956,462 D Provision for Loan Loss Rate % 1 Fresh loan 1% 3,559 6,189 11,426 18,063 24,854 32,521 2 Overdue > 1 month < 3 months 25% Overdue > 3 months < 9 months 50% Overdue > 9 months < 12 months 100% Overdue > 12 months 100% 1,914 1,917 1,723 1,551 1,396 1,256 Total Provision Rs.'000 5,817 8,532 13,244 19,712 26,352 33,884 1 Previous Period Rs.'000 3,126 5,817 8,532 13,244 19,712 26,352 2 Written Off Rs.' This Period Rs.'000 2,691 2,716 4,711 6,468 6,640 7,532 Loan Loss Reserve Ration (on loan outstanding) Rs.' % 1.5% 1.3% 1.2% 1.2% 1.1% Page 12 of 16

13 Personnel A Head Office, Kathmandu No Executive Director/Chief Executive Officer No Deputy General Manager No Assistant General Manager No Senior Divisional Manager No Divisional Manager No Dy. Divisional Manager No Senior Manager No Manager No Assistant Manager No Senior Officer No Officer No Junior Officer No Senior Assistant No Assistant No Junior Assistant No Chief Driver No Senior Peon No Senior Driver No Driver No Peon No Messenger No B Regional/Area Office No Senior Manager No. 2 Manager No Assistant Manager No Driver No. 5 Senior Peon No. 6 Peon No. 7 Messenger No C Branch Office No Officer No. - 2 Junior Officer No Senior Assistant No. 4 Assistant No Junior Assistant No Peon No. - 7 Messenger No Trainee Assistant No Total Staff No D Total center manager E Active Member per Loan Officer No Page 13 of 16

14 Monthly Salary and Benefits Base A Central Office, Kathmandu 1 Executive Director/Chief Executive Rs./mm Deputy General Manager Rs./mm Assistant General Manager Rs./mm Senior Divisional Manager Rs./mm Divisional Manager Rs./mm Dy. Divisional Manager Rs./mm Senior Manager Rs./mm Manager Rs./mm Assistant Manager Rs./mm Senior Officer Rs./mm Officer Rs./mm Junior Officer Rs./mm Senior Assistant Rs./mm Assistant Rs./mm Junior Assistant Rs./mm Chief Driver Rs./mm Senior Peon Rs./mm Senior Driver Rs./mm Driver Rs./mm Peon Rs./mm Messenger Rs./mm Ttainee Assistant B Area Office 1 Senior Manager Rs./mm Manager Rs./mm Assistant Manager Rs./mm Driver Rs./mm - 5 Senior Peon Rs./mm Peon Rs./mm Messenger Rs./mm C Branch Office 1 Officer Rs./mm Junior Officer Rs./mm Senior Assistant Rs./mm Assistant Rs./mm Junior Assistant Rs./mm Peon Rs./mm Messenger Rs./mm Trainees Total Staff Page 14 of 16

15 Total Salary and Benefit Expenses A Central Office 2,995 4,064 4,471 6,007 8,359 10,475 1 Executive Director/Chief Executive Rs.' ,096 1,205 1,326 1,458 1,604 2 Deputy General Manager Rs.' ,024 1,127 3 Assistant General Manager Rs.' Senior Divisional Manager Rs.' Divisional Manager Rs.' ,746 1,921 6 Dy. Divisional Manager Rs.' Senior Manager Rs.' ,316 1,448 2,389 8 Manager Rs.' Assistant Manager Rs.' Senior Officer Rs.' Officer Rs.' Junior Officer Rs.' , Senior Assistant Rs.' Assistant Rs.' Junior Assistant Rs.' Chief Driver Rs.' Senior Peon Rs.' Senior Driver Rs.' Driver Rs.' Peon Rs.' Messenger Rs.' B Area Office ,762 3,700 4,070 1 Senior Manager Rs.' Manager Rs.' ,184 1,303 3 Assistant Manager Rs.' ,989 2,188 4 Driver Rs.' Senior Peon Rs.' Peon Rs.' Messenger Rs.' C Branch Office 10,352 22,198 33,133 48,621 62,066 73,723 1 Officer Rs.' Junior Officer Rs.'000 2,700 5,500 9,983 15,573 19,765 24,158 3 Senior Assistant Rs.' Assistant Rs.'000 5,470 10,593 12,818 17,090 24,439 28,951 5 Junior Assistant Rs.' ,267 5,990 5,271 5,798 6 Peon Rs.' Messenger Rs.' ,025 3,194 5,710 7,906 9,663 8 Trainee Assistant 1,420 2,255 3,872 4,259 4,685 5,154 D Total 13,687 27,141 38,088 56,390 74,126 88,268 Page 15 of 16

16 Sources of Loanable Fund & Performing Assets A Savings Mobilization 1 Group savings Rs.'000 60,056 82, , , , ,617 2 Individual savings Rs.'000 72,542 99, , , , ,553 Total 132, , , , , ,171 B Sources of Loanable Fund 1 Equity Rs.'000 22,802 65,807 75, , , ,753 2 Members' Savings Rs.' , , , , , ,171 3 Borrowing from banks Rs.' , , ,525 1,099,525 1,449,525 1,749,525 4 Loan loss provision Rs.'000 5,817 8,532 13,244 19,712 26,352 33,884 Total 360, ,985 1,066,199 1,671,424 2,282,360 2,952,332 C. Performing Assets 1 Cash & dues & short term Rs.'000 5,518 13,508 42,285 60,385 76,905 78,658 2 Loan portfolio Rs.' , ,400 1,041,811 1,644,955 2,262,125 2,958,967 3 Long term investments Rs.' ,137 2,844 5,403 9,242 15,000 Total 364, ,046 1,086,939 1,710,744 2,348,272 3,052,625 D. Avarage Performing Assets Rs.' , , ,492 1,398,841 2,029,508 2,700,449 Page 16 of 16

Accounting Self Study Guide for Staff of Micro Finance Institutions

Accounting Self Study Guide for Staff of Micro Finance Institutions LESSON 3 The Income Statement OBJECTIVES The purpose of this lesson is to introduce the Income Statement and to define revenue and expenses.