Bank Asia Limited Un-Audited Financial Statements for the period ended 30 June 2017

Transcription

1 Corporate Office Rangs Tower 68 Purana Paltan Dhaka 1000 Bank Asia Limited Un-Audited Financial Statements for the period ended 30 June 2017

2 and Its Subsidiaries Consolidated Balance Sheet as at 30 June 2017 Notes PROPERTY AND ASSETS Cash 17,228,882,428 15,983,718,054 In hand (including foreign currencies) 4.1(a) 2,617,918,414 2,079,897,416 Balance with Bangladesh Bank and its agent bank (including foreign currencies) 4.2(a) 14,610,964,014 13,903,820,638 Balance with other banks and financial institutions 5(a) 26,514,214,236 13,615,107,372 In Bangladesh 25,226,967,696 10,983,805,427 Outside Bangladesh 1,287,246,540 2,631,301,945 Money at call and on short notice 6(a) 1,730,000,000 4,870,000,000 Investments 7(a) 25,323,395,862 39,711,806,539 Government 21,607,714,498 36,112,473,144 Others 3,715,681,364 3,599,333,395 Loans and advances/investments 8(a) 186,830,377, ,539,916,390 Loans, cash credits, overdrafts, etc/investments 173,955,574, ,946,507,822 Bills purchased and discounted 12,874,803,406 8,593,408,568 Fixed assets including premises, furniture and fixtures 9(a) 5,336,319,144 5,263,148,467 Other assets 10(a) 9,892,766,450 8,882,423,376 Non - banking assets - - Total assets 272,855,955, ,866,120,198 LIABILITIES AND CAPITAL Liabilities Borrowings from other banks, financial institutions and agents 11(a) 22,466,131,945 18,978,976,940 Subordinated non-convertible bonds 11(aa) 8,197,214,016 3,197,214,016 Deposits and other accounts 12(a) 197,435,525, ,573,043,588 Current/Al-wadeeah current accounts and other accounts 41,945,793,836 34,554,219,481 Bills payable 3,334,022,210 4,902,979,613 Savings bank/mudaraba savings bank deposits 30,998,005,051 27,793,803,978 Fixed deposits/mudaraba fixed deposits 121,157,704, ,322,040,516 Bearer certificates of deposit - - Other deposits - - Other liabilities 13(a) 25,172,206,239 22,253,446,818 Total liabilities 253,271,078, ,002,681,362 Capital/shareholders' equity Total shareholders' equity 19,584,877,790 18,863,438,836 Paid-up capital ,870,110,990 8,812,599,100 Statutory reserve 15 6,833,308,275 6,533,632,030 Revaluation reserve 16(a) 2,202,627,800 2,239,612,377 General reserve 8,166,144 8,166,144 Retained earnings 17(a) 669,228,158 1,267,955,303 Foreign currency translation reserve 1,424,872 1,462,526 Non-controlling (minority) interest 17(b) 11,551 11,355 Total liabilities and shareholders' equity 272,855,955, ,866,120, Net Assets Value per Share

3 and Its Subsidiaries Consolidated Balance Sheet as at 30 June 2017 Notes OFF-BALANCE SHEET ITEMS Contingent liabilities ,637,194, ,762,047,002 Acceptances and endorsements 41,966,410,777 35,098,107,666 Letters of guarantee 36,266,506,898 35,578,341,924 Irrevocable letters of credit 30,000,916,330 29,013,641,402 Bills for collection 14,403,360,511 11,071,956,010 Other contingent liabilities - - Other commitments 195,600 - Documentary credits and short term trade-related transactions - - Forward assets purchased and forward deposits placed 195,600 - Undrawn note issuance and revolving underwriting facilities - - Undrawn formal standby facilities, credit lines and other commitments - - Total off-balance sheet items including contingent liabilities 122,637,390, ,762,047,002 Md. Arfan Ali Mashiur Rahman A Rouf Chowdhury President & Managing Director Director Chairman Mohammad Ibrahim Khalil FCA Chief Financial Officer (CC) Md. Kamrul Hasan Company Secretary

4 and Its Subsidiaries Consolidated Profit and Loss Statement for the period ended 30 June 2017 Notes Jan to June 2017 Jan to June 2016 April to June 2017 April to June 2016 OPERATING INCOME Interest income 20(a) 7,755,145,676 7,089,709,888 4,052,347,060 3,610,131,614 Interest paid on deposits and borrowings, etc 21(a) 5,228,687,523 5,215,450,060 2,637,230,498 2,575,494,241 Net interest income 2,526,458,153 1,874,259,828 1,415,116,562 1,034,637,373 Investment income 22(a) 1,398,894,729 1,793,535, ,662,001 1,050,503,273 Commission, exchange and brokerage 23(a) 1,559,982,719 1,319,678, ,875, ,587,432 Other operating income 24(a) 358,608, ,030, ,847, ,778,668 3,317,485,950 3,440,244,360 1,769,385,715 1,945,869,373 Total operating income (A) 5,843,944,103 5,314,504,188 3,184,502,277 2,980,506,746 OPERATING EXPENSES Salaries and allowances 25(a) 1,274,117,431 1,174,535, ,172, ,910,833 Rent, taxes, insurance, electricity, etc 26(a) 318,776, ,739, ,690, ,224,498 Legal expenses 27(a) 9,458,092 7,956,663 4,828,618 4,278,050 Postage, stamp, telecommunication, etc 28(a) 43,847,729 43,394,539 24,067,191 25,630,952 Stationery, printing, advertisements, etc 29(a) 45,592,381 52,953,141 24,383,654 26,410,120 Managing Director's salary and fees 30 6,200,000 7,820,000 3,650,000 4,760,000 Directors' fees 31(a) 1,552,800 1,993, ,800 1,232,800 Auditors' fees 32(a) 876,677 1,962, ,166 1,566,757 Depreciation and repairs of Bank's assets 33(a) 223,924, ,586, ,184, ,402,022 Other expenses 34(a) 695,904, ,546, ,170, ,323,780 Total operating expenses (B) 2,620,249,692 2,364,488,411 1,381,127,806 1,240,739,812 Profit Provision before for loans provision and advances/investments (C=A-B) 3,223,694,411 2,950,015,777 1,803,374,471 1,739,766,934 Provision for loans and advances 1,490,167,050 1,686,017, ,041, ,000,000 Provision for off-balance sheet items 120,000, ,900,000 28,839, ,900,000 Provision for diminution in value of investments - 12,418,472-12,418,472 Total provision (D) 1,610,167,050 1,894,335, ,881,190 1,094,318,472 Total profit before tax (C-D) 1,613,527,361 1,055,680, ,493, ,448,462 Provision for taxation Current tax (a) 830,457, ,544, ,663, ,317,737 Deferred tax (a) 20,000,000-10,000, ,457, ,544, ,663, ,317,737 Net profit after tax 763,069, ,135, ,829,540 95,130,725 Appropriations Statutory reserve ,676, ,178, ,930, ,837, ,676, ,178, ,930, ,837,382 Retained surplus 463,393,126 67,956, ,899,344 (35,706,657) tributable to: Equity holders of Bank Asia Limited 463,392,930 67,956, ,899,344 (35,706,607) Non-controlling (minority) interest (50) 463,393,126 67,956, ,899,344 (35,706,657) Earnings Per Share (EPS) 37(a) Md. Arfan Ali Mashiur Rahman A Rouf Chowdhury President & Managing Director Director Chairman Mohammad Ibrahim Khalil FCA Chief Financial Officer (CC) Md. Kamrul Hasan Company Secretary

5 and Its Subsidiaries Consolidated Cash Flow Statement for the period ended 30 June 2017 Notes Jan to June 2017 Jan to June 2016 Cash flows from operating activities (A) Interest receipts 9,002,711,368 8,800,359,733 Interest payments (5,283,445,371) (5,215,450,060) Fees and commission receipts 1,559,982,719 1,319,678,468 Cash payment to employees (1,238,619,839) (1,295,189,018) Cash payment to suppliers (80,831,478) (89,881,277) Income tax paid (839,484,277) (886,088,612) Receipts from other operating activities 35 (a) 520,796, ,164,747 Payments for other operating activities 36 (a) (1,076,507,905) (926,289,191) Operating profit before changes in operating assets & liabilities 2,564,601,735 2,297,304,790 Increase/(decrease) in operating assets and liabilities Loans and advances to customers and banks (20,290,461,441) (27,534,759,273) Other assets (215,754,058) (206,234,767) Deposits from customers and banks 5,862,482,373 8,644,496,629 Trading liabilities 3,487,155,005 4,299,403,837 Other liabilities 1,327,490, ,029,790 Net Increase/(decrease) in operating assets and liabilities (9,829,087,621) (14,211,063,784) Net cash flows from operating activities (7,264,485,886) (11,913,758,994) Cash flows from investing activities (B) Investments in treasury bills, bonds and others 13,645,354,607 11,169,745,737 Sale/(Purchase) of trading securities (116,347,969) (370,780,705) (Purchase)/disposal of fixed assets (260,902,950) (280,820,837) Net cash flows from/(used in) investing activities 13,268,103,688 10,518,144,195 Cash flows from financing activities ( C ) Payment for finance lease (107,864) (123,728) Issuance of subordinated non-convertible bond 5,000,000,000 - Dividend paid (cash dividend) - (1,258,942,730) Net cash flows from/(used in) financing activities 4,999,892,136 (1,259,066,458) Net increase/(decrease) in cash and cash equivalents (A+B+C) 11,003,509,938 (2,654,681,257) Effects of exchange rate changes on cash and cash equivalents - - Cash and cash equivalents at the beginning of the period 34,471,916,226 24,482,870,715 Cash and cash equivalents at the end of the period 45,475,426,164 21,828,189,458 Cash and cash equivalents: Cash 2,617,918,414 2,201,251,308 Balance with Bangladesh Bank and its agent bank(s) 14,610,964,014 12,846,016,477 Balance with other banks and financial institutions 26,514,214,236 5,556,885,373 Money at call and on short notice 1,730,000,000 1,220,000,000 Prize bonds 2,329,500 4,036,300 45,475,426,164 21,828,189,458 Net Operating Cash Flows per Share (7.36) (12.07) 0 (0) Md. Arfan Ali Mashiur Rahman A Rouf Chowdhury President & Managing Director Director Chairman Mohammad Ibrahim Khalil FCA Chief Financial Officer (CC) Md. Kamrul Hasan Company Secretary

6 Md. Kamrul Hasan Company Secretary Bank Asia Limited and Its Subsidiaries Consolidated Statement of Changes in Equity for the period ended 30 June 2017 Particulars Foreign Noncontrolling Paid-up Statutory Revaluation General currency Retained Total Total capital reserve reserve reserve translation earnings equity interest reserve Balance at 01 January ,392,951,530 5,876,250,921 2,549,629,842 8,166,144 1,541,779 1,867,693,933 18,696,234,149 10,785 18,696,244,934 Transferred during the period - 208,178, (208,178,940) Adjustment on revaluation of fixed assets and other - - (243,820,981) (243,820,981) - (243,820,981) investment Foreign currency translation for opening retained earnings ,995,937 5,995,937-5,995,937 Foreign currency translation for the period ,462-24,462-24,462 Issue of bonus shares 419,647, (419,647,570) Cash dividend paid (1,258,942,730) (1,258,942,730) - (1,258,942,730) Net profit for the period ,135, ,135, ,135,425 Balance as at 30 June ,812,599,100 6,084,429,861 2,305,808,861 8,166,144 1,566, ,055,996 17,475,626,203 10,844 17,475,637,047 Transferred during the period - 449,202, (449,202,169) Adjustment on revaluation of fixed assets and other 16,004,004 16,004,004 investment ,004,004 Transferred to retained earnings - - (82,200,488) ,200, Foreign currency translation for opening retained earnings ,966,616 9,966,616-9,966,616 Foreign currency translation for the period (103,715) - (103,715) - (103,715) Net profit for the period ,361,934,373 1,361,934, ,361,934,885 Balance as at 31 December ,812,599,100 6,533,632,030 2,239,612,377 8,166,144 1,462,526 1,267,955,303 18,863,427,481 11,355 18,863,438,836 Transferred during the period - 299,676, (299,676,244) Adjustment on revaluation of fixed assets and other (36,984,577) - - (36,984,577) - (36,984,577) investment Foreign currency translation for opening retained earnings (4,608,185) (4,608,185) - (4,608,185) Foreign currency translation for the period (37,654) - (37,654) - (37,654) Issue of bonus shares 1,057,511, (1,057,511,890) Net profit for the period ,069, ,069, ,069,370 Balance at 30 June ,870,110,990 6,833,308,275 2,202,627,800 8,166,144 1,424, ,228,158 20,946,696,898 11,551 19,584,877, Md. Arfan Ali Mashiur Rahman A Rouf Chowdhury President & Managing Director Director Chairman Mohammad Ibrahim Khalil FCA Chief Financial Officer (CC)

7 Balance Sheet as at 30 June 2017 Notes PROPERTY AND ASSETS Cash 4 17,228,617,938 15,980,758,895 In hand (including foreign currencies) 4.1 2,617,653,924 2,076,938,257 Balance with Bangladesh Bank and its agent bank (including foreign currencies) ,610,964,014 13,903,820,638 Balance with other banks and financial institutions 26,230,061,368 13,273,233,476 In Bangladesh ,003,216,600 10,702,481,995 Outside Bangladesh 5.2 1,226,844,768 2,570,751,481 Money at call and on short notice 6 1,730,000,000 4,870,000,000 Investments 7 24,809,095,262 39,365,212,025 Government 21,607,714,498 36,112,473,144 Others 3,201,380,764 3,252,738,881 Loans and advances/investments 8 183,917,771, ,609,782,739 Loans, cash credits, overdrafts, etc/investments 171,042,967, ,016,374,171 Bills purchased and discounted 12,874,803,406 8,593,408,568 Fixed assets including premises, furniture and fixtures 9 5,322,490,556 5,249,722,487 Other assets 10 11,837,759,474 10,846,991,614 Non - banking assets - - Total assets 271,075,795, ,195,701,236 LIABILITIES AND CAPITAL Liabilities Borrowings from other banks, financial institutions and agents 11 22,288,394,211 18,822,423,424 Subordinated non-convertible bonds 11 (aa) 8,197,214,016 3,197,214,016 Deposits and other accounts ,228,350, ,272,582,777 Current/Al-wadeeah current accounts and other accounts 41,738,617,978 34,253,758,670 Bills payable 3,334,022,210 4,902,979,613 Savings bank/mudaraba savings bank deposits 30,998,005,051 27,793,803,978 Fixed deposits/mudaraba fixed deposits 121,157,704, ,322,040,516 Bearer certificates of deposit - - Other deposits - - Other liabilities 13 23,661,963,008 20,865,003,294 Total liabilities 251,375,921, ,157,223,511 Capital/shareholders' equity Total shareholders' equity 19,699,874,370 19,038,477,725 Paid-up capital ,870,110,990 8,812,599,100 Statutory reserve 15 6,833,308,275 6,533,632,030 Revaluation reserve 16 2,202,627,800 2,239,612,377 General reserve 8,166,144 8,166,144 Retained earnings ,661,161 1,444,468,074 Total liabilities and shareholders' equity 271,075,795, ,195,701, Net Assets Value per Share

8 Balance Sheet as at 30 June 2017 Notes OFF-BALANCE SHEET ITEMS Contingent liabilities ,637,194, ,762,047,002 Acceptances and endorsements 41,966,410,777 35,098,107,666 Letters of guarantee 36,266,506,898 35,578,341,924 Irrevocable letters of credit 30,000,916,330 29,013,641,402 Bills for collection 14,403,360,511 11,071,956,010 Other contingent liabilities - - Other commitments 195,600 - Documentary credits and short term trade-related transactions - - Forward assets purchased and forward deposits placed 195,600 - Undrawn note issuance and revolving underwriting facilities - - Undrawn formal standby facilities, credit lines and other commitments - - Total off-balance sheet items including contingent liabilities 122,637,390, ,762,047,002 Md. Arfan Ali Mashiur Rahman A Rouf Chowdhury President & Managing Director Director Chairman Mohammad Ibrahim Khalil FCA Chief Financial Officer (CC) Md. Kamrul Hasan Company Secretary

9 Profit and Loss Statement for the period ended 30 June 2017 Notes Jan to June 2017 Jan to June 2016 April to June 2017 April to June 2016 OPERATING INCOME Interest income 20 7,664,602,150 7,045,266,740 4,027,100,104 3,632,274,272 Interest paid on deposits and borrowings, etc 21 5,223,426,571 5,214,225,518 2,641,264,186 2,574,965,873 Net interest income 2,441,175,579 1,831,041,222 1,385,835,918 1,057,308,399 Investment income 22 1,398,894,729 1,698,116, ,662, ,084,368 Commission, exchange and brokerage 23 1,439,251,432 1,251,408, ,308, ,890,085 Other operating income ,087, ,125, ,975, ,671,996 3,172,233,594 3,260,651,330 1,706,945,561 1,804,646,449 Total operating income (A) 5,613,409,173 5,091,692,552 3,092,781,479 2,861,954,848 Salaries and allowances 25 1,241,129,637 1,141,979, ,113, ,848,695 Rent, taxes, insurance, electricity, etc ,949, ,146, ,593, ,930,554 Legal expenses 27 8,589,610 6,922,593 4,260,325 3,758,716 Postage, stamp, telecommunication, etc 28 42,484,458 42,126,275 23,401,729 24,953,355 Stationery, printing, advertisements, etc 29 44,313,974 52,364,321 23,506,393 25,987,109 Managing Director's salary and fees 30 6,200,000 7,820,000 3,650,000 4,760,000 Directors' fees 31 1,424,000 1,800, ,000 1,104,000 Auditors' fees 32 4, , ,000 Depreciation and repairs of Bank's assets ,987, ,144, ,139, ,460,438 Other expenses ,944, ,765, ,055, ,236,070 Total operating expenses (B) 2,545,027,951 2,298,897,852 1,341,224,444 1,205,867,937 Profit before provision (C=A-B) 3,068,381,222 2,792,794,700 1,751,557,035 1,656,086,911 Provision for loans and advances 1,450,000,000 1,556,000, ,066, ,000,000 Provision for off-balance sheet items 120,000, ,900,000 28,839, ,900,000 Total provision (D) 1,570,000,000 1,751,900, ,906,055 1,001,900,000 Total profit before tax (C-D) 1,498,381,222 1,040,894, ,650, ,186,911 Provision for taxation Current tax ,000, ,000, ,000, ,000,000 Deferred tax ,000,000-10,000, ,000, ,000, ,000, ,000,000 Net profit after tax 698,381, ,894, ,650, ,186,911 Appropriations Statutory reserve ,676, ,178, ,930, ,837, ,676, ,178, ,930, ,837,382 Retained surplus 398,704,978 62,715, ,720,784 (21,650,471) Earnings Per Share (EPS) Md. Arfan Ali Mashiur Rahman A Rouf Chowdhury President & Managing Director Director Chairman Mohammad Ibrahim Khalil FCA Chief Financial Officer (CC) Md. Kamrul Hasan Company Secretary

10 Cash Flow Statement for the period ended 30 June 2017 Notes Jan to June 2017 Jan to June 2016 Cash flows from operating activities (A) Interest receipts 8,863,740,823 8,660,497,680 Interest payments (5,223,426,571) (5,214,225,518) Fees and commission receipts 1,439,251,432 1,251,408,928 Cash payment to employees (1,205,632,045) (1,262,632,556) Cash payment to suppliers (79,553,071) (89,292,457) Income tax paid (768,107,407) (875,577,618) Receipts from other operating activities ,275, ,260,162 Payments for other operating activities 36 (1,037,489,183) (895,285,911) Operating profit before changes in operating assets & liabilities 2,485,059,427 2,149,152,710 Increase/(decrease) in operating assets and liabilities Loans and advances to customers and banks (20,307,988,371) (27,625,175,782) Other assets (281,912,319) (168,896,168) Deposits from customers and banks 5,955,767,326 8,690,773,671 Trading liabilities 3,465,970,787 4,318,713,119 Other liabilities 1,309,754, ,330,358 Net Increase/(decrease) in operating assets and liabilities (9,858,407,752) (14,234,254,802) Net cash flows from operating activities (7,373,348,325) (12,085,102,092) Cash flows from investing activities (B) Investments in treasury bills, bonds and others 13,645,354,607 11,169,745,737 Sale/(Purchase) of trading securities 51,358,117 (225,501,121) (Purchase)/sale of fixed assets (259,330,900) (280,564,529) Net cash flows from/(used in) investing activities 13,437,381,824 10,663,680,087 Cash flows from financing activities (C) Payment for finance lease (107,864) (123,728) Issuance of subordinated non-convertible bond 5,000,000,000 - Dividend paid (cash dividend) - (1,258,942,730) Net cash flows from/(used in) financing activities 4,999,892,136 (1,259,066,458) Net increase/(decrease) in cash and cash equivalents (A+B+C) 11,063,925,635 (2,680,488,463) Effects of exchange rate changes on cash and cash equivalents - Cash and cash equivalents at the beginning of the period 34,127,083,171 23,978,412,313 Cash and cash equivalents at the end of the period 45,191,008,806 21,297,923,850 Cash and cash equivalents: Cash 2,617,653,924 2,200,312,802 Balance with Bangladesh Bank and its agent bank(s) 14,610,964,014 12,846,016,477 Balance with other banks and financial institutions 26,230,061,368 5,027,558,271 Money at call and on short notice 1,730,000,000 1,220,000,000 Prize bonds 2,329,500 4,036,300 45,191,008,806 21,297,923,850 Net Operating Cash Flows per Share (7.47) (12.24) 0.21 (0.21) Md. Arfan Ali Mashiur Rahman A Rouf Chowdhury President & Managing Director Director Chairman Mohammad Ibrahim Khalil FCA Chief Financial Officer (CC) Md. Kamrul Hasan Company Secretary

11 Statement of Changes in Equity for the period ended 30 June 2017 Particulars Paid-up capital Statutory reserve Revaluation reserve Balance at 01 January ,392,951,530 5,876,250,921 2,549,629,842 8,166,144 2,152,333,448 18,979,331,885 Statutory reserve - 208,178, (208,178,940) - Revaluation reserve - - (243,820,981) - - (243,820,981) Issue of bonus shares 419,647, (419,647,570) - Cash dividend paid (1,258,942,730) (1,258,942,730) Net profit for the period ,894, ,894,700 Balance at 30 June ,812,599,100 6,084,429,861 2,305,808,861 8,166, ,458,908 17,747,462,874 Transferred during the period - 449,202, (449,202,169) - Adjustment on revaluation of fixed assets and other investment - 16,004, ,004,004 Transferred to retained earnings - - (82,200,488) - 82,200,488 - Net profit for the period ,275,010,847 1,275,010,847 Balance at 31 December ,812,599,100 6,533,632,030 2,239,612,377 8,166,144 1,444,468,074 19,038,477,725 Statutory reserve - 299,676, (299,676,244) - Revaluation reserve - - (36,984,577) - - (36,984,577) Net profit for the period ,381, ,381,222 Issue of bonus shares 1,057,511, (1,057,511,890) - Balance at 30 June ,870,110,990 6,833,308,275 2,202,627,800 8,166, ,661,161 19,699,874, General reserve Retained earnings Total Md. Arfan Ali Mashiur Rahman A Rouf Chowdhury President & Managing Director Director Chairman Mohammad Ibrahim Khalil FCA Chief Financial Officer (CC) Md. Kamrul Hasan Company Secretary

12 Selected explanatory notes to the financial statements for the period ended June 30, Accounting policies in this Financial Statements are same as that applied in its last Annual Financial Statements of December 31, Consolidated financial Statements include position of Bank Asia Limited, Bank Asia Securities Limited, BA Exchange Company (UK) Limited and BA Express USA Inc. Provision for income tax has been 40 % as prescribed in Finance Act, 2017 of the accounting profit made by the Bank after considering some of the taxable add backs of income and disallowances of expenditures including provision for loans. General: a) Figures appearing in these financial statements have been rounded off to the nearest Taka. b) Figures of previous year have been rearranged wherever necessary to conform to current year s presentation Bonus Share of Tk. 1, million for the year ended December 31, 2016 was approved in the 18th AGM held on July 03, Issued bonus shares have been considered as capital in this year as well as in the last year's presentation. For Bank Asia Limited Md. Arfan Ali Mashiur Rahman A Rouf Chowdhury President & Managing Director Director Chairman Mohammad Ibrahim Khalil FCA Chief Financial Officer (CC) Md. Kamrul Hasan Company Secretary

13 4 Cash 4.1 In hand Conventional and Islamic banking 4.1(a) Local currency 2,598,990,293 2,059,782,311 Foreign currencies 18,663,631 17,155,946 2,617,653,924 2,076,938,257 Off-shore banking unit - - 2,617,653,924 2,076,938,257 Consolidated cash in hand Bank Asia Limited 2,617,653,924 2,076,938,257 Bank Asia Securities Limited 23,749 8,377 BA Exchange Company (UK) Limited - 2,853,603 BA Express USA, Inc 240,741 97,179 2,617,918,414 2,079,897, Balance with Bangladesh Bank and its agent bank (including foreign currencies) 4.2(a) Conventional and Islamic banking Balance with Bangladesh Bank Local currency (statutory deposit) 12,212,193,992 13,036,708,415 Foreign currencies 1,631,395, ,688,896 13,843,589,211 13,428,397,311 Balance with agent bank (Sonali Bank Limited) Local currency 767,374, ,423,327 Foreign currencies ,374, ,423,327 14,610,964,014 13,903,820,638 Off-shore banking unit ,610,964,014 13,903,820,638 Consolidated Balance with Bangladesh Bank and its agent bank (including foreign currencies) Bank Asia Limited 14,610,964,014 13,903,820,638 Bank Asia Securities Limited ,610,964,014 13,903,820,638 5 Balance with other banks and financial institutions In Bangladesh Conventional and Islamic banking (Note 5.1) 25,003,216,600 10,702,481,995 Off-shore banking unit ,003,216,600 10,702,481,995 Outside Bangladesh Conventional and Islamic banking (Note 5.2) 1,183,171,392 1,066,474,297 Off-shore banking unit 43,673,376 1,504,277,184 1,226,844,768 2,570,751,481 26,230,061,368 13,273,233, Conventional and Islamic banking - In Bangladesh Current accounts AB Bank Limited 41,480 41,480 Agrani Bank Limited 826, ,280 National Bank Limited 803, ,058 Sonali Bank Limited 257,672, ,332,208 Standard Chartered Bank 65, ,677 Jamuna Bank Limited 2,590 2,590 Trust Bank Limited 18,167,602 (37,600,687) 277,579, ,624,606 Short- notice deposit accounts BRAC Bank Limited 1,087, ,099 AB Bank Limited 532, ,403 Islami Bank Bangladesh Limited 173, ,800 Bank Alfalah Limited 1,993, ,842,303 Uttara Bank Limited 70,339 85,784 3,857, ,357,389

14 Fixed deposit accounts/ MTDR Islamic Finance and Investment Limited 100,000, ,000,000 Hajj Finance Company Limited 300,000, ,000, ,000, ,000, ,436, ,981,995 Placements With Banking companies 22,231,780,000 10,280,500,000 With Non-banking financial institutions 2,090,000,000-24,321,780,000 10,280,500,000 24,321,780,000 10,280,500,000 Details of Placement with Banking companies In Local Currency: NRB Bank Limited - 200,000,000 NRB Global Bank Limited 450,000, ,000,000 NRB Commercial Bank Limited 200,000,000 Jamuna Bank Limited 2,000,000,000 - IFIC Bank Limited 3,700,000,000 Midland Bank Limited 500,000, ,000,000 AB Bank Limited 1,000,000,000 - BRAC Bank Limited - 750,000,000 National Bank Limited 2,000,000,000 1,000,000,000 Shahjalal Bank Limited 1,250,000,000 1,500,000,000 One Bank Limited 2,000,000,000 1,000,000,000 Social Islami Bank Limited 2,500,000,000 1,000,000,000 Mercantile Bank Limited - 1,000,000,000 Standard Bank Limited 2,000,000,000 1,000,000,000 Dhaka Bank Limited - 1,000,000,000 Modhumoti Bank Limited 400,000, ,000,000 South Bangla Agriculture and Commerce Bank Limited 500,000,000-18,500,000,000 9,100,000,000 In Foreign Currency: - Mutual Trust Bank Limited 1,128,400,000 - Eastern Bank Limited 806,000,000 1,180,500,000 AB Bank Limited 1,209,000,000 - Trust Bank Limited 403,000,000 - Modhumoti Bank Limited 185,380,000-3,731,780,000 1,180,500,000 22,231,780,000 10,280,500,000 25,003,216,600 10,702,481,995 Details of Placement with Non-banking financial institutions Delta Brac Housing 800,000,000 - National House Finance and Investment Limited 290,000,000 - IPDC Finance Limited 500,000,000 - United Leasing 500,000,000-2,090,000, Conventional and Islamic banking -Outside Bangladesh Interest bearing : Citibank N.A., London (EURO) - 20,681,324 Citibank N.A., London (GBP) 23,715,030 3,827,315 Citibank NA, New York (USD) 813,082, ,753,215 Habib American Bank, New York - 5,134,395 Mashreqbank psc, New York (USD) - 580,871 Standard Chartered Bank, Mumbai 20,215, ,345,892 Standard Chartered Bank, New York - 146, ,013, ,469,379

15 5(a) Non-interest bearing : AB Bank Limited, Mumbai - 14,175 Al Rajhi Bank K.S.A 479, ,982 Bhutan National Bank Limited, Thimphu - 897,984 Casisse Centrale Desjardins - 621,340 Commerzbank AG, Frankfurt (EURO) 269,570,072 51,744,589 Commerzbank AG, Frankfurt (USD) 232,523 44,236,583 Habib Metropolitan Bank Limited, Karachi - 7,928,216 Habib Bank UK, London 45,810 51,274 ICICI Bank Limited, Kowloon - 13,614 ICICI Bank Limited, Mumbai 39,910,296 22,596,745 JP Morgan Chase Bank N.A New York, U.S.A - 34,891 Mashreqbank psc, Mumbai (EURO) 722, ,420 Muslim Commercial Bank Limited, Colombo 3,643,006 4,200,567 Bank of Sydney 3,390,354 85,845 Nepal Bangladesh Bank Limited, Kathmandu 4,901,245 4,096,072 Sonali Bank (UK) Limited, London 791,322 38,564 Saudi Hollandi K.S.A 635,625 30,734 UBAF, Tokyo 1,286,728 48,857 Unicredit Bank AG, Munich (EURO)/Hypovereins Bank, Munich (EURO) - 158,292 Wells Fargo Bank NA, New York, (USD) - 28,198 Wells Fargo Bank NA, London, (Euro) 25, ,710 Bank Of Tokyo-Mitsubishi, Tokyo (Yen) - 1,467,524 Zurcher Kantonal Bank, Switzerland 523, , ,157, ,004,918 1,183,171,392 1,066,474,297 Placement with Off-shore Banking Unit 768,175,000 - Less: Inter-company transactions (768,175,000) - 1,183,171,392 1,066,474,297 Consolidated Balance with other banks and financial institutions In Bangladesh Bank Asia Limited 25,003,216,600 10,702,481,995 Bank Asia Securities Limited 260,944, ,381,382 25,264,161,154 11,019,863,377 Less: Inter-company transactions 37,193,458 36,057,950 25,226,967,696 10,983,805,427 Outside Bangladesh Bank Asia Limited 1,226,844,768 2,570,751,481 Bank Asia Securities Limited - - BA Exchange Company (UK) Limited 9,377,157 5,879,569 BA Express USA, Inc 51,024,615 54,670,895 1,287,246,540 2,631,301,945 26,514,214,236 13,615,107,372 6 Money at call and on short notice Call money With Banking companies (Note 6.1) 680,000,000 1,320,000,000 With Non-banking financial institutions (Note 6.2) 1,050,000,000 3,550,000,000 1,730,000,000 4,870,000, Call Money- with Banking companies: The City Bank Limited 500,000,000 - NRB Bank Limited 100,000, ,000,000 Midland Bank Limited - 250,000,000 Modhumoti Bank Limited 80,000, ,000,000 Habib Bank Limited - 300,000,000 Jamuna Bank Limited - 300,000, ,000,000 1,320,000, Call Money- with non banking financial institutions Investment Corporation of Bangladesh 1,050,000,000 3,400,000,000 Delta Brac Housing - 150,000,000 1,050,000,000 3,550,000,000

16 6(a) Consolidated Money at call and on short notice Bank Asia Limited 1,730,000,000 4,870,000,000 Bank Asia Securities Limited - - 1,730,000,000 4,870,000,000 7 Investments Government (Note 7.1) 21,607,714,498 36,112,473,144 Others (Note 7.2) 3,201,380,764 3,252,738,881 24,809,095,262 39,365,212, Government Conventional and Islamic banking (Note 7.1.1) 21,607,714,498 36,112,473,144 Off-shore banking unit ,607,714,498 36,112,473, Conventional and Islamic banking Treasury bills (Note ) 5,406,905,500 4,020,968,205 Treasury bonds (Note ) 16,198,479,498 17,311,406,196 Bangladesh Bank bills (Note ) - 14,777,007,943 Prize bonds 2,329,500 3,090,800 21,607,714,498 36,112,473, Treasury bills 182 days treasury bills - 1,497,929, days treasury bills 5,406,905,500 2,523,039,176 5,406,905,500 4,020,968, Treasury bonds Bangladesh Bank Islamic bond 607,900, ,600,000 2 years Bangladesh Government treasury bonds years Bangladesh Government treasury bonds 3,243,874,803 4,504,174, years Bangladesh Government treasury bonds 6,455,385,318 6,351,312, years Bangladesh Government treasury bonds 5,648,584,142 5,648,584, years Bangladesh Government treasury bonds 242,735, ,735,235 16,198,479,498 17,311,406, Bangladesh Bank bills 14 days Bangladesh Bank bills - 4,494,865, days Bangladesh Bank bills - 10,282,142,443-14,777,007, Others Conventional and Islamic banking (Note 7.2.1) 3,201,380,764 3,252,738,881 Off-shore banking unit 517,409, ,995,308 Less: Adjustment with OBU (517,409,887) (298,995,308) 3,201,380,764 3,252,738, Conventional and Islamic banking a) Ordinary shares (Details are shown in Annexure-B) Quoted shares 563,958, ,055,401 Unquoted share 157,701,126 93,575, ,659, ,631,372 b) Mutual Fund (Details are shown in Annexure-B) 1st Janata Bank Mutual fund 50,000,000 50,000,000 EBL NRB Ist Mutual Fund 149,665, ,665,000 Ist Bangladesh Fixed Income Fund 250,000, ,000,000 MBL 1st Mutual Fund 50,000,000 50,000,000 EXIM Bank 1st Mutual Fund 242,235, ,705, ,900, ,370,052 c) Debentures Beximco Denims Limited 9,537,605 9,537,605 Beximco Textiles Limited 6,445,370 6,445,370 15,982,975 15,982,975

17 d) Bonds MTBL subordinated bond 75,000,000 75,000,000 MTB Second subordinated bond 400,000, ,000,000 UCB Second subordinated bond 300,000, ,000,000 BSRM Steels Limited zero coupon bond 142,837, ,754,482 Premier Bank Non-convert subordinated bond 500,000, ,000,000 Prime Bank Limited Coupon bond - 70,000,000 BSRML Coupon bond 44,000,000 66,000,000 SIBL subordinated Mudaraba bond 160,000, ,000,000 SIBL 2nd Mudaraba Subordinated Bond 100,000,000-1,721,837,576 1,781,754,482 3,201,380,764 3,252,738, Investments classified as per Bangladesh Bank circular 7(a) Held for trading (HFT) 18,797,976,148 18,797,976,148 Held to maturity (HTM) 16,746,806,196 16,746,806,196 Other securities 3,811,610,264 3,820,429,681 39,356,392,608 39,365,212,025 Consolidated Investments Government Bank Asia Limited 21,607,714,498 36,112,473,144 Bank Asia Securities Limited ,607,714,498 36,112,473,144 Others Bank Asia Limited 3,201,380,764 3,252,738,881 Bank Asia Securities Limited 514,300, ,594,514 3,715,681,364 3,599,333,395 25,323,395,862 39,711,806,539 8 Loans and advances/investments Loans, cash credits, overdrafts, etc/investments (Note 8.1) 171,042,967, ,016,374,171 Bills purchased and discounted (Note 8.2) 12,874,803,406 8,593,408, ,917,771, ,609,782, Loans, cash credits, overdrafts, etc/investments Conventional and Islamic banking Inside Bangladesh Agricultural loan 4,089,055,807 2,966,056,345 Cash credit/bai Murabaha (Muajjal) 4,323,787,610 4,088,218,482 Credit card 1,484,772,322 1,252,443,050 Credit for poverty alleviation scheme-micro credit 7,859,437 8,211,805 Consumer credit scheme 8,021,371,015 7,076,436,997 Demand loan 26,722,665,563 26,076,843,769 Export Development Fund (EDF) 12,590,555,335 10,139,413,219 House building loans 1,032,872, ,358,410 Loans (General)/ Musharaka 12,843,700,370 7,541,565,826 Loan against trust receipts/ Bai Murabaha post import 12,459,162,790 10,544,307,848 Overdrafts/ Quard against scheme 28,776,221,328 28,072,352,928 Packing credit 503,166, ,810,159 Payment against documents 181,330, ,742,582 Staff Loan 1,315,117,005 1,329,101,220 Small and medium enterprise (SME) 4,278,348,106 3,957,226,919 Transport loan 1,218,190,550 1,486,136,986 Term loan- industrial 11,533,943,514 9,207,035,041 Term loan- others/ Hire purchase under Shirkatul Melk 37,516,510,706 38,176,243, ,898,631, ,630,504,714 Outside Bangladesh ,898,631, ,630,504,714 Off-shore banking unit 2,144,336,473 1,385,869, ,042,967, ,016,374,171

18 8.2 Bills purchased and discounted 8.(a) Conventional and Islamic banking 3,318,077,554 2,231,598,821 Off-shore banking unit 9,556,725,852 6,361,809,747 12,874,803,406 8,593,408,568 Consolidated Loans and advances/investments Loans, cash credits, overdrafts, etc/investments Bank Asia Limited 171,042,967, ,016,374,171 Bank Asia Securities Limited 5,162,549,008 5,380,138, ,205,516, ,396,512,226 Less: Inter- companies transactions 2,249,942,287 2,450,004, ,955,574, ,946,507,822 Bills purchased and discounted Bank Asia Limited 12,874,803,406 8,593,408,568 Bank Asia Securities Limited ,874,803,406 8,593,408, ,830,377, ,539,916,390 9 Fixed assets including premises, furniture and fixtures Conventional and Islamic banking (Note 9.1) 5,322,490,556 5,249,722,487 Off-shore banking unit - - 5,322,490,556 5,249,722,487 9(a) Consolidated Fixed assets including premises, furniture and fixtures Bank Asia Limited 5,322,490,556 5,249,722,487 Bank Asia Securities Limited 2,430,654 1,155,819 BA Exchange Company (UK) Limited 4,827,263 5,058,756 BA Express USA, Inc 6,570,671 7,211,405 5,336,319,144 5,263,148, Other assets Conventional and Islamic banking (Note 10.1) 11,775,734,136 10,659,652,878 Off-shore banking unit 62,025, ,338,736 11,837,759,474 10,846,991, Conventional and Islamic banking Income generating other assets Investment in Bank Asia Securities Ltd - incorporated in Bangladesh 1,999,990,000 1,999,990,000 Investment in BA Exchange Company (UK) Limited - incorporated in UK 30,528,000 29,400,000 Investment in BA Express USA Inc - incorporated in USA 77,376,000 75,552,000 2,107,894,000 2,104,942,000 Non-income generating other assets Income receivable (Note 10.2) 822,419, ,062,044 Stock of stamps 6,523,418 6,229,735 Stationery, printing materials, etc 31,504,787 28,082,022 Prepaid expenses 77,051,990 9,487,252 Deposits and advance rent 340,170, ,444,649 Due from Capital Market Division of the Bank 78,106 - Advances, prepayments and others (Note 10.3) 147,971, ,570,610 Advance income tax (Note 10.4) 7,636,325,133 6,868,217,724 Receivable from government 222,908, ,163,566 Sundry debtors 120,201, ,064,677 Branch adjustment account (Note 10.5) - 35,223,277 Adjustment account debit 34,243,672 - Protested bills 66,997,265 66,997,265 Receivable from BA Exchange Company (UK) Limited 37,900,228 45,388,625 Receivable from BA Express USA Inc 121,211, ,240,282 Excise duty recoverable 2,331,740 9,539,150 9,667,840,136 8,554,710,878 11,775,734,136 10,659,652,878

19 10.2 Income receivable Income receivable consists of interest accrued on investment and other income Advances, prepayments and others 10(a) Consolidated Other assets Advances, prepayments and others account consists of advance amount paid for purchasing of fixed assets, advance payment of rent for new branches of the Bank, advance against salary and legal expenses, etc. Bank Asia Limited 11,837,759,474 10,846,991,614 Bank Asia Securities Limited 243,263, ,487,042 BA Exchange Company (UK) Limited 5,043,118 3,927,250 BA Express USA, Inc 72,995,882 60,526,377 12,159,061,665 11,158,932,283 Less: Inter- companies transactions Investment in Bank Asia Securities Limited 1,999,990,000 1,999,990,000 Investment in BA Exchange Company (UK) Limited 30,603,300 28,386,000 Investment in BA Express USA, Inc 76,512,000 75,504,000 Receivable from BASL 78,106 - Receivable from BA Exchange Company (UK) Limited 37,900,228 45,388,625 Receivable from BA Exchange USA, Inc. 121,211, ,240,282 Foreign currency effect for subsidiaries - 9,892,766,450 8,882,423, Borrowings from other banks, financial institutions and agents Conventional and Islamic banking (Note 11.1) 11,063,706,448 9,347,599,580 Off-shore banking unit (Note 11.2) 11,992,862,763 9,474,823,844 Less: Adjustment with Head Office (768,175,000) - 22,288,394,211 18,822,423, Conventional and Islamic banking In Bangladesh (Note ) 11,063,706,448 9,347,599,580 Outside Bangladesh ,063,706,448 9,347,599, In Bangladesh Secured: - - Un secured: - - Borrowings Bangladesh Bank refinance 97,564, ,695,498 SME Foundation Pre Finance 62,100,000 37,100,000 Borrowing A/C (AGRI Taka 10) 18,863,191 4,357,097 Borrowing A/C Jute refinance - - Bio-Gas Plant refinance 733, ,999 Borrowing- Green finance refinance 150,000, ,000,000 Export development fund 10,697,448,804 9,031,629,147 Onshore export discount fund 554,406, ,988,147 11,581,116,335 9,646,594,888 Less : Inter borrowings between OBU and Conventional Banking (517,409,887) (298,995,308) 11,063,706,448 9,347,599, Borrowing at Off-shore banking unit Secured : - - Un secured: Conventional Banking 858,241,313 - International Finance Corporation 3,188,000,000 2,359,500,000 ICICI Bank Limited, Dubai - 471,900,000 Standard Chartered Bank, Singapore 1,434,600,000 1,266,092,049 CaixaBank - 1,573,000,000 First Gulf Bank - 1,063,662,600 ICICI Bank Limited, Hong Kong 797,000,000 - Mashreq, USA 398,500,000 - National Bank of Ras Al Khaimah 1,235,350,000 1,415,700,000 Nepal Bangladesh Bank Limited 199,250, ,250,000

20 11(a) 11(aa) Noor Islami Bank, Dubai, UAE 672,986,800 - United Bank Limited, UAE 1,410,690, ,959,700 Commerzbank 135,569,700 99,759,495 HDFC Bank 398,500,000 - Bank Muscat SAOG 797,000,000 - Borrowing - ECA 467,174,950-11,992,862,763 9,474,823,844 Consolidated Borrowings from other banks, financial institutions and agents Bank Asia Limited 22,288,394,211 18,822,423,424 Bank Asia Securities Limited 2,427,680,021 2,606,557,920 24,716,074,232 21,428,981,344 Less: Inter-company transactions 2,249,942,287 2,450,004,404 22,466,131,945 18,978,976,940 Subordinated Non-Convertible bonds Subordinated Non-Convertible Zero Coupon bond A.K Khan & Company Limited 82,171,739 82,171,739 AB Bank 1st Mutual Fund 12,481,576 12,481,576 EBL First Mutual Fund 3,284,087 3,284,087 EBL NRB Mutual Fund 6,547,712 6,547,712 EXIM Bank 1st Mutual Fund 13,146,578 13,146,578 First Bangladesh Fixed Income Fund 69,006,746 69,006,746 IFIC Bank 1st Mutual Fund 3,273,856 3,273,856 Industrial and Infrastructure Development Finance Company Limited (IIDFC) 4,027,866 4,027,866 Popular Life 1st Mutual Fund 3,273,856 3,273, ,214, ,214,016 Subordinated Non-Convertible floating rate bond Agrani Bank Limited 200,000, ,000,000 BRAC Bank Limited 100,000, ,000,000 Janata Bank Limited 250,000, ,000,000 Mercantile Bank Limited 500,000, ,000,000 One Bank Limited 600,000, ,000,000 Pubali Bank Limited 250,000, ,000,000 Rupali Bank Limited 600,000, ,000,000 Sonali Bank Limited 500,000, ,000,000 3,000,000,000 3,000,000,000 Subordinated Non-Convertible floating rate bond Agrani Bank Limited 250,000,000 - Dhaka Bank Limited 750,000,000 - Janata Bank Limited 250,000,000 - National Life Insurance Co 500,000,000 - Pubali Bank Limited 1,000,000,000 - Sabinco 150,000,000 - Sadharan Bima Corporation 100,000,000 - Sonali Bank Limited 1,000,000,000 - Southeast Bank Limited 500,000,000 - Uttara Bank Limited 500,000,000-5,000,000,000-8,197,214,016 3,197,214, Deposits and other accounts Conventional and Islamic banking (Note 12.1) 196,985,703, ,006,259,141 Off-shore banking unit 242,646, ,323, ,228,350, ,272,582,777 Deposits and other accounts Current/Al-wadeeah current accounts and other accounts Deposits from banks - - Deposits from customers 41,548,189,898 34,001,328,317 Off-shore banking unit 190,428, ,430,353 41,738,617,978 34,253,758,670

21 Bills payable Deposits from banks - - Deposits from customers 3,334,022,210 4,902,979,613 3,334,022,210 4,902,979,613 Savings bank/mudaraba savings bank deposits Deposits from banks - - Deposits from customers 30,998,005,051 27,793,803,978 30,998,005,051 27,793,803,978 Fixed deposits/mudaraba fixed deposits Deposits from banks 48,442,047 1,022,426,422 Deposits from customers 121,057,043, ,285,720,811 Off-shore banking unit 52,218,848 13,893, ,157,704, ,322,040, ,228,350, ,272,582, Conventional and Islamic banking Deposits from banks (Note ) 48,442,047 1,022,426,422 Deposits from customers (Note ) 196,937,261, ,983,832, ,985,703, ,006,259, Deposits from banks Fixed deposit/snd AB Bank Limited - 40,068 EXIM Bank Limited 25,940, ,263 Islami Bank Bangladesh Limited - 1,000,000,000 Sonali Bank Limited 21,400,207 20,982,824 Social Islami Bank Limited 549, ,597 Trust Bank Limited 551, ,670 48,442,047 1,022,426,422 Bangladesh Bank Refinance ,442,047 1,022,426, Deposits from customers Current/Al-wadeeah current accounts and other accounts ( Note a) 41,548,189,898 34,001,328,317 Bills payable (Note b) 3,334,022,210 4,902,979,613 Savings bank/mudaraba savings deposits 30,998,005,051 27,793,803,978 Fixed deposits/mudaraba fixed deposits (Note c) 121,057,043, ,285,720, ,937,261, ,983,832, a Current/Al-wadeeah current accounts and other accounts Current/Al-wadeeah current accounts 16,798,045,719 12,670,982,805 Other demand deposit - Local currency 17,382,730,390 16,011,616,064 Other demand deposit - Foreign currencies 5,622,730,344 4,065,098,790 Foreign currency deposits 1,744,683,445 1,253,630,658 Export retention quota ,548,189,898 34,001,328, b Bills payable c Bills payable - local currency 3,327,278,277 4,896,424,017 Bills payable - foreign currencies 6,743,933 6,555,596 Demand draft - - 3,334,022,210 4,902,979,613 Fixed deposits/mudaraba fixed deposits Fixed deposits/mudaraba fixed deposits 65,160,876,512 67,718,049,550 Special notice deposit 23,817,538,342 23,189,124,189 Foreign currency deposits (interest bearing) 3,181,745 3,099,967 Deposit under schemes 32,075,447,370 32,375,447, ,057,043, ,285,720, Payable on demand and time deposits a) Demand deposits Current/Al-wadeeah current accounts and other accounts 16,988,473,799 12,923,413,158 Savings bank/mudaraba savings deposits 2,789,820,455 2,501,442,358 Foreign currency deposits (non interest bearing) 7,367,413,789 5,318,729,448 Sundry deposits 17,382,730,390 16,011,616,064 Bills payable 3,334,022,210 4,902,979,613 47,862,460,643 41,658,180,641

22 12(a) b) Time deposits Savings bank/mudaraba savings deposits 28,208,184,596 25,292,361,620 Fixed deposits/mudaraba fixed deposits 65,261,537,407 68,754,369,255 Foreign currency deposits (interest bearing) 3,181,745 3,099,967 Special notice deposit 23,817,538,342 23,189,124,189 Security deposits - - Deposits under schemes 32,075,447,370 32,375,447, ,365,889, ,614,402, ,228,350, ,272,582,777 Consolidated Deposits and other accounts Current/Al-wadeeah current accounts and other accounts Bank Asia Limited 41,738,617,978 34,253,758,670 Bank Asia Securities Limited 244,369, ,518,761 41,982,987,294 34,590,277,431 Less: Inter-company transactions 37,193,458 36,057,950 41,945,793,836 34,554,219,481 Bills payable Bank Asia Limited 3,334,022,210 4,902,979,613 Bank Asia Securities Limited - - 3,334,022,210 4,902,979,613 Savings bank/mudaraba savings bank deposits Bank Asia Limited 30,998,005,051 27,793,803,978 Bank Asia Securities Limited ,998,005,051 27,793,803,978 Fixed deposits/mudaraba fixed deposits Bank Asia Limited 121,157,704, ,322,040,516 Bank Asia Securities Limited ,157,704, ,322,040, ,435,525, ,573,043, Other liabilities Conventional and Islamic banking (Note 13.1) 23,655,667,177 20,862,468,284 Off-shore banking unit 6,295,831 2,535,010 23,661,963,008 20,865,003, Conventional and Islamic banking Provision for loans and advances/investments (Note 13.2) 7,669,800,180 7,423,718,412 Provision on off-balance sheet exposures (Note 13.3) 1,227,620,470 1,107,620,470 Interest suspense account (Note 13.4) 1,750,740,104 1,584,318,032 Provision for income tax including deferred tax (Note 13.5) 9,817,765,672 9,017,765,672 Provision for performance and festival bonus 222,473, ,976,135 Master card and Visa card payables 55,218,390 2,408,414 Expenditures and other payables 77,354,960 88,460,387 Other payable 88,158,525 71,832,181 Provision for profit equalisation 18,758,686 18,758,686 Provison for Smart Junior Saver A/c - 135,618 Provision for diminution in value of shares (Note 13.8) 253,383, ,383,553 Payable to Government 482,732, ,647,621 Provision for others (Note 13.9) 134,822, ,822,336 Rebate payable on good borrowers 67,700,000 71,400,000 Unearned income 483,790, ,801,235 Clearing adjustment account 976, ,680,477 Interest payable on subordinated non-covertable zero coupon bond 219,002, ,739,055 Branch adjustment account credit balance 46,674,664 - Nostro account credit balance 1,038,693,337-23,655,667,177 20,862,468,284

23 13(a) Consolidated Other liabilities Bank Asia Limited 23,661,963,008 20,865,003,294 Bank Asia Securities Limited 1,511,122,964 1,418,075,749 BA Exchange Company (UK) Limited 41,651,703 38,521,659 BA Express USA, Inc 116,658, ,475,023 Foreign currency effect for subsidiaries ,331,396,154 22,426,075,725 Less: Inter- companies transactions Receivable from BASL 78,106 - Receivable from BA Exchange (UK) Limited 37,900,228 45,388,625 BA Express USA, Inc 121,211, ,240,282 25,172,206,239 22,253,446, Share capital 14.1 Authorized capital 1,500,000,000 ordinary shares of Taka 10 each 15,000,000,000 15,000,000, Issued, subscribed and fully paid up capital 56,372,480 ordinary shares of Taka 10 each issued for cash 563,724, ,724, ,010,770 (2010: 243,901,270) ordinary shares of Taka 10 each issued as bonus shares 3,640,107,700 3,640,107,700 Right shares issued 25% for the year ,050,958,100 1,050,958,100 Issued as bonus shares 20% for the year ,050,958,120 1,050,958,120 Issued as bonus shares 10% for the year ,574, ,574,870 Issued as bonus shares 10% for the year ,632, ,632,350 Issued as bonus shares 10% for the year ,995, ,995,590 Issued as bonus shares 5% for the year ,647, ,647,570 Issued as bonus shares 12% for the year ,057,511,890-9,870,110,990 8,812,599, Initial public offer (IPO) Out of the total issued, subscribed and fully paid up capital of the Bank 2,000,000 ordinary shares of Taka 100 each amounting to Taka 200,000,000 was raised through public offering of shares in Statutory reserve Balance at the beginning of the year 6,533,632,030 5,876,250,921 Add: Addition during the year (20% of pre-tax profit) 299,676, ,381,109 Balance at the end of the period 6,833,308,275 6,533,632, Revaluation reserve HTM securities (Note 16.1) 3,409,321 3,742,574 HFT securities (Note 16.2) - 36,651,324 Fixed Assets revaluation (Note 16.3) 2,199,218,479 2,199,218,479 2,202,627,800 2,239,612, Revaluation reserve on HTM securities Balance at 1 January 3,742,574 3,305,385 Gain from revaluation on investments - 1,940,195 Adjustment for sale/maturity of securities (333,253) (1,503,006) 3,409,321 3,742, Revaluation reserve on HFT securities Balance at 1 January 36,651, ,905,490 Gain from revaluation on investments - 2,242,649,728 Adjustment for sale/maturity of securities - (2,470,903,894) 36,651,324 36,651, Revaluation reserve on Fixed Assets Balance at 1 January 2,199,218,479 2,281,418,967 Depreciation charged during the year - (82,200,488) 2,199,218,479 2,199,218,479