ACNABIN          Aziz Halim Khair Choudhury
Chartered Accountants         Chartered Accountants
      Janata Bank

    Balance Sheet
 As of 31 December 2006

Note

 31.12.2006

Taka

 31.12.2005

Taka
PROPERTY AND ASSETS
Cash 3        9,749,023,636      10,758,201,577
Cash in hand (Including foreign currency)           2,410,912,091

          7,338,111,545

           2,420,194,910

          8,338,006,667
Balance with Bangladesh Bank and it's agent bank(s)
   
Balance with other banks and financial institutions 4        4,295,778,407        4,379,254,726
In Bangladesh           1,801,800,027

          2,493,978,380

           2,002,358,451

          2,376,896,275
Outside Bangladesh
Money at call on short notice 5        7,988,357,211        6,659,111,800
Investments: 6      24,785,386,038      29,130,028,339
Government         24,253,044,620

            532,341,418

         28,528,322,241

             601,706,098
Others
Loans and Advances 7   138,492,512,749   124,467,442,655
Loans, cash credit, overdrafts, etc.        129,618,690,178

          8,873,822,571

        123,444,336,206

          1,023,106,449
Bills purchased & discounted
Fixed Assets including premises, furniture and fixtures 8        1,287,323,038        1,339,077,619
Other assets 9      26,065,548,257

11,433,059,409
Non -banking assets                           -                             -  
TOTAL PROPERTY AND ASSETS   212,663,929,336   188,166,176,125
 
LIABILITIES AND CAPITAL
Liabilities:
Borrowings from other banks, financial institutions and agents 10        3,481,408,924        1,523,783,291
Deposits and other Accounts 11   182,946,535,961   168,896,952,055
Current accounts and other accounts         28,388,268,805

          1,558,986,159

        59,817,089,793

        93,182,191,204

                          -  

                          -  

         26,194,359,568

          1,247,980,977

        53,106,162,164

        88,348,449,346

                          -  

                          -  
Bills Payable
Savings bank deposits
Fixed deposits
Bearer certificates of deposits
Other deposits
Other Liabilities 12      31,883,735,217      13,855,452,082
   
Total Liabilities   218,311,680,102   184,276,187,428
Capital/Shareholders' Equity :
Paid-up Capital 13           2,593,900,000           2,593,900,000
Statutory Reserve 14             206,390,709              206,390,709
Other Reserve 15           1,520,141,141           1,089,697,988
Surplus in Profit/(Loss) Account 16         (9,968,182,616)                           -  
Total Shareholders' Equity      (5,647,750,766)        3,889,988,697
TOTAL LIABILITIES & SHARE HOLDERS' EQUITY   212,663,929,336   188,166,176,125
OFF-BALANCE SHEET ITEMS Note 31.12.2006

Taka

 31.12.2005

Taka
Contingent Liabilities 17     44,121,745,296     36,581,920,094
Acceptances & Endorsements                          -                            -  
Letters of Guarantee          2,552,108,859

       37,356,773,350

         4,212,863,087

                               -  

          2,991,270,310

       30,034,537,968

         3,556,111,816

                               -  
Irrevocable Letters of Credit
Bills for Collection
Other Contingent Liabilities
Other Commitments:
Documentary credits and other short term trade related transactions.                          -                            -  
Forward assets purchased and forward deposits placed                          -                            -  
Undrawn note issuance and revolving underwriting facilities                          -                            -  
Undrawn formal standby facilities, credit lines and other commitments
                         -                            -  
                               -                                  -  
Total off Balance Sheet Items including Contingent Liabilities:     44,121,745,296     36,581,920,094
The annexed notes form an integral part of the Balance Sheet.

Sd/-

Sd/-

Md. Niaz uddin

 M. Sirajul Islam
Deputy General Manager (Accounts)

General Manager (Accounts)

Sd/-

Md. Mizanur Rahman

Managing Director (Additional Charge)

Sd/-

Sd/-
Mohammad Al  Maruf Khan FCA Muhammad Abdul Mazid
Director

        Director

Sd/-
A F M  Solaiman Chowdhury
Chairman
This is the Balance Sheet referred to in our report of even date.

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Dated, Dhaka  ACNABIN Aziz Halim Khair Choudhury
 25  March 2007 Chartered Accountants Chartered Accountants

 

 

ACNABIN          Aziz Halim Khair Choudhury
Chartered Accountants         Chartered Accountants

         Janata Bank
Profit and Loss Account

For the year ended 31 December 2006
PARTICULARS Note 2006

Taka

 2005

Taka
Interest income 18 10,845,776,719

         (7,931,369,879)

 8,903,790,279

   (6,174,949,307)
Interest paid on deposits and borrowings etc. 19
Net Interest Income 2,914,406,840 2,728,840,972
Investment income 20 2,153,480,404 1,574,926,103
Commission, exchange and brokerage 21 2,718,842,941 2,202,604,806
Other operating income 22 554,068,233 462,182,320
Total Operating Income 8,340,798,418 6,968,554,201
Salary and allowances 3,218,629,623 2,819,406,561
Rent, taxes, insurance and electricity, etc. 323,709,508 308,136,471
Legal Expenses 16,166,093 16,572,531
Postage, stamp, telecommunication etc. 9,028,341 8,118,979
Stationery, printings , advertisements etc. 85,009,348 83,051,231
Chief executive's (MD) salary and fees 438,426 395,880
Directors' fees 23 369,000 375,000
Auditor's fees 2,232,844 1,682,083
Charges on Loan Losses                           -                        -  
Depreciation and repair of  bank's assets 158,792,344 160,601,342
Other expenses 24 312,898,985 268,926,305
Total Operating Expenses 4,127,274,512 3,667,266,383
   
Profit/(Loss) before provision 4,213,523,906   3,301,287,818

 
Provision for loans and advances 25 8,708,011,098 2,623,000,000
Provision for diminution in value of investments 26                           -                        -  
Provision for other assets 9.03 1,999,230,365 500,000,000
Provision for SAF & Gratuity 27           9,599,256,932                      -  
Other provisions 28              132,000,000 178,287,818
Total provision 20,438,498,395 3,301,287,818
   
Total profit / (Loss) before income taxes    (16,224,974,489)                          -  
Provision for  taxaion: 29                           -                        -  
Current tax                           -                        -  
Deferred tax income/ (expense): 9.04         6,256,791,873                      -  
Prior year           1,227,389,272

          5,029,402,601

                      -  

                     -  
Current year
Net profit/(loss) after taxation      (9,968,182,616)  -
Appropriations
 Statutory Reserve                           -                        -  
 General Reserve                           -                        -  
 Dividends etc.                           -                        -  
   
Retained Surplus

     (9,968,182,616)

   -
Earning per share (EPS) -   -
The annexed notes form an integral part of the Profit and Loss Account.

           Sd/-

Sd/-
Md. Niaz Uddin                M.  Sirajul Islam

                       Deputy General Manager (Accounts)

 General Manager (Accounts)

Sd/-

                                                                                              Md. Mizanur Rahman

                                                                                Managing Director (Additional Charge)
             Sd/-

Sd/-
          Mohammad Al Maruf Khan FCA Muhammad Abdul Mazid
                                Director Director
                                                                                                 Sd/-
                                                                     A F M  Solaiman Chowdhury
                                                                 Chairman
This is the Profit and Loss account referred to in our report of even date.
                                         Sd/-

      Sd/-
Dated, Dhaka                               ACNABIN Aziz Halim  Khair Choudhury
25 March 2007                 Chartered Accountants Chartered Accountants

 

 

 

ACNABIN          Aziz Halim Khair Choudhury
Chartered Accountants         Chartered Accountants
 Janata Bank
 Cash Flow Statement
 For the year ended 31 December 2006
 Note  2006

 Taka

  2005

 Taka
 A.  CASH FLOWS FROM OPERATING ACTIVITIES
 Interest receipt in cash       10,006,912,990           7,033,082,434
 Interest payments       (6,267,379,591)         (4,881,936,915)
 Dividend receipts             15,339,236               17,580,979
 Fees and commission receipt in cash         2,539,532,433             304,574,192
 Recoveries of loans previously written off             89,783,196               80,754,576
 Cash Payments to employees       (3,218,629,623)         (2,819,406,561)
 Cash Payments to suppliers             (85,009,348)             (83,051,231)
 Income from investment         2,153,480,404           1,574,926,103
 Receipt from other operating activities           442,462,275