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Helping You To Make Decision for Stock Investment

ACE Development Bank
Nepse quote: ace
Figures in NRs million

UNAUDITED FINANCIAL RESULT
As of Fourth quarter 2008 (4qF08)

Particulars
4qF08
4qF07
Liabilities    
Paid up Capital
416.0
320.0
Reserves & Surplus
92.8
56.6
Borrowing
90.0
130.0
Total Deposits
1784.5
988.1
Other Liabilities
1287.5
91.9
Total Balance
3670.8
1586.6
Assets    
Cash & Bank
1309.5
148.0
Money at call and short notice
374.6
-
Total Investments
365.9
416.8
Total Credit
1493.2
918.7
     
Fixed Assets
79.4
66.3
Non Banking Assets
-
0.7
Other Assets
48.2
36.1
Total Balance
3670.8
1586.6
 
Profit & Loss
4qF08
4qF07
Total Income
232.5
122.3
Interest Income
184.8
110.8
Other Income
47.7
11.5
 
Total Expenses
133.9
87.0
Interest Expenses
82.5
55.8
Operating Expenses
51.4
31.2
 
Operating Profit
98.6
35.3
Provision for possible loss
12.2
0.5
Profit before tax and bonus
86.4
34.8
Staff Bonus
7.8
3.2
Provision for tax
24.7
9.3
Net profit
53.9
22.3

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