Nabil bank 2009-2010.pdf

/-A G.P.Rajbahak & Co.x/

Capital & Liabilities This Year Rs. Previous Year Rs.1. Share Capital 2,028,773,600 1,448,620,500 2. Reserves and Surplus 1,805,452,329 1,681,620,137 3. Debentures & Bonds 300,000,000 300,000,000 4. Borrowings 74,900,000 1,681,305,000 5. Deposits 46,340,700,628 37,348,255,840 6. Bills Payable 425,443,908 463,138,615 7. Proposed Dividend 434,737,200 338,011,450 8. Income Tax Liabilities 24,904,405 80,232,454 9. Other Liabilities 644,813,627 526,213,508

Total 52,079,725,697 43,867,397,504

Assets This Year Rs. Previous Year Rs.1. Cash Balance 635,986,600 674,395,434 2. Balance with Nepal Rastra Bank 549,454,618 2,648,596,348 3. Balance with Banks/Financial Institutions 214,656,586 49,520,689 4. Money at Call and Short Notice 3,118,144,000 552,888,297 5. Investment 13,600,916,613 10,826,379,001 6. Loans, Advances and Bills Purchased 32,268,873,283 27,589,933,041 7. Fixed Assets 781,480,397 660,988,986 8. Non Banking Assets - - 9. Other Assets 910,213,600 864,695,708

Total 52,079,725,697 43,867,397,504

(0.26) (0.16)

Date: September 07, 2010Place: Nabil House, Kamaladi, Kathmandu

Consolidated Balance SheetNabil Bank Limited

As at 16 July 2010 (32 Ashadh 2067)

Krishna BhattaraiChief Financial Officer

Amrit Charan ShresthaChief Executive Officer

As per our report of even date.

Gopal P. Rajbahak, FCAFor and on behalf ofG. P. Rajbahak & Co.

Chartered Accountants

S. P. Shrestha Chairman

S. P. PoudyalDirector

D. G. AgrawalDirector

M. AhmedDirector

A. P. BazgainDirector

Tabith AwalDirector

S. ChatterjeeDirector

Particulars This Year Rs. Previous Year Rs.1. Interest Income 4,047,725,656 2,798,486,196 2. Interest Expense 1,960,107,902 1,153,280,052 Net Interest Income 2,087,617,754 1,645,206,144

3. Commission and Discount 215,481,543 179,693,027 4. Other Operating Income 169,548,006 144,164,143 5. Exchange Income 291,440,756 251,919,712 Total Operating Income 2,764,088,060 2,220,983,026

6. Staff Expense 367,162,384 339,897,913 7. Other Operating Expense 334,668,677 265,158,033 8. Exchange Loss - - Operating Profit before Provision for Possible Losses 2,062,256,999 1,615,927,080

9. Provision for Possible Losses 355,829,115 45,722,434 Operating Profit 1,706,427,884 1,570,204,646

10. Non Operating Income /(Expense) 6,454,724 2,190,102 11. Provision for Possible Losses Write Back 39,791,809 10,617,867 Profit from Regular Activities 1,752,674,417 1,583,012,615

12. Income/(Expense) from Extra-ordinary Activities 34,321,843 43,521,866 Profit from All Activities 1,786,996,260 1,626,534,481

13. Provision for Staff Bonus 162,518,278 147,866,771 14. Provision for Income Tax 485,907,180 447,614,612

Current Tax 472,823,385 470,701,921 Prior Period Tax 831,939 918,745

Deferred Tax 12,251,856 (24,006,054)

Net Profit/(Loss) 1,138,570,802 1,031,053,098


Nabil Bank Limited Consolidated Profit and Loss Account

For the period 16 July 2009 to 16 July 2010 (1 Shrawan 2066 to 32 Ashadh 2067)









M. AhmedDirector


Tabith AwalDirector


Nabil Bank Limited

Particulars This Year Rs. Previous Year Rs.

Income 1. Accumulated Profit up to Last Year (Restated Balance) 104,394,171 161,699,989 2. Current Year's Profit 1,138,570,802 1,031,053,098 3. Exchange Equalization Fund - - 4. Capital Adjustment Reserve - - 5. Deferred Tax Reserve 12,251,856 - 6. Investment Adjustment Reserve - -

Total 1,255,216,830 1,192,753,087

Expense 1. Accumulated Loss up to Last Year - - 2. Current Year's Loss - - 3. General Reserve 228,000,000 207,000,000 4. Contingent Reserve 1,000,000 1,000,000 5. Institution Development Fund - - 6. Dividend Equalization Fund - - 7. Employees Related Reserve - - 8. Proposed Cash Dividend 434,737,200 338,011,450 9. Proposed Stock Dividend (Bonus Shares) 579,649,600 482,873,500 10. Special Reserve Fund - - 11. Exchange Fluctuation Fund 6,000,000 11,300,000 12. Capital Redemption Reserve - - 13. Capital Adjustment Fund - - 14. Deferred Tax Reserve - 95,373,040 15. Investment Adjusment Reserve 4,000,000 -

Total 1,253,386,800 1,135,557,990 15. Accumulated Profit/(Loss) 1,830,030 57,195,097


Consolidated Profit & Loss Appropriation AccountFiscal Year 2009/10 (2066/2067)









M. AhmedDirector


Tabith AwalDirector


Rs. Particulars Share Capital Accumulated

Profit/(Loss)

General

Reserve

Proposed

Bonus Share

Capital

Reserve Fund

Share Premium Contingent

Reserve

Dividend Equalization

Fund

Capital Adjustment

Reserve

Exchange Equalization

Fund

Interest Spread Reserve

Deferred Tax

Reserve

Investment Adjustment

Reserve

Total Amount

Balance as on 15 July 2009 965,747,000 57,195,097 1,340,500,000 482,873,500 - 74,000 10,500,000 100,000,000 - 75,400,000 2,578,000 95,373,040 - 3,130,240,637

Changes in Accounting Policy - - - - - - - - - - - - - -

Share Capital Adjustment - (503,500) - 503,500 - - - - - - - - - -

Changes in Tax Accounting Policy - 47,803,754 - - - - - - - - - (47,803,754) - -

Adjustments in Fixed Assets - (101,180) - - - - - - - - - 252,870 - 151,689

Restated Balance 965,747,000 104,394,171 1,340,500,000 483,377,000 - 74,000 10,500,000 100,000,000 - 75,400,000 2,578,000 47,822,155 - 3,130,392,327

Surplus on Revaluation of Properties - - - - - - - - - - - - - -

Deficit on Revaluation of Properties - - - - - - - - - - - - - -

Currency Translation Difference - - - - - - - - - - - - - - Net Gains and Losses not recognised in the Income Statement - - - - - - - - - - - - - -

Net Profit for the period - 1,138,570,802 - - - - - - - - - - - 1,138,570,802

Adjustments: - - - - - - - - - - - - - -

Issuance of Share Capital - - - - - - - - - - - - - -


Surplus on Revaluation of Properties - - - - - - - - - - - - - -


Cash Dividend - (434,737,200) - - - - - - - - - - - (434,737,200)

Proposed Stock Dividend 483,377,000 (579,649,600) - 96,272,600 - - - - - - - - - -

General Reserve Fund - (228,000,000) 228,000,000 - - - - - - - - - - -

Contingent Reserve - (1,000,000) - - - - 1,000,000 - - - - - - -

Dividend Equalization Fund - - - - - - - - - - - - - -

Capital Adjustment Fund - - - - - - - - - - - - - -

Exchange Fluctuation Reserve - (6,000,000) - - - - - - - 6,000,000 - - - -

Interest Spread Reserve - - - - - - - - - - - - - -

Deferred Tax Reserve - 12,251,856 - - - - - - - - - (12,251,856) - -

Investment Adjustment Reserve - (4,000,000) - - - - - - - - - - 4,000,000 -

Closing Balance 1,449,124,000 1,830,030 1,568,500,000 579,649,600 - 74,000 11,500,000 100,000,000 - 81,400,000 2,578,000 35,570,299 4,000,000 3,834,225,929

Fiscal Year 2009/10 (2066/67)Consolidated Statement of Changes in Equity

Nabil Bank Limited

Particulars This Year Rs. Previous Year Rs. (a) Cash Flow from Operating Activities (1,473,947,849) 2,139,606,128 1. Cash Received 4,619,700,273 3,200,082,634

1.1 Interest Income 3,908,768,490 2,577,946,273

1.2 Commission and Discount Income 215,481,543 179,693,027

1.3 Income from Foreign Exchange Transaction 291,440,756 251,919,712

1.4 Recovery of Loan Written Off 34,461,478 46,359,479

1.5 Other Incomes 169,548,006 144,164,143

2. Cash Payment (3,110,424,296) (2,123,536,843)

2.1 Interest Expenses (1,961,965,831) (1,162,333,767)

2.2 Staff Expenses (366,817,422) (333,774,593)

2.3 Office Operating Expenses (252,518,035) (197,263,402)

2.4 Income Tax Paid (528,983,373) (430,165,081)

2.5 Other Expenses (139,634) -

Cash Flow before changes in Working Capital 1,509,275,977 1,076,545,791 (Increase)/Decrease in Current Assets (10,269,424,969) (4,818,810,255)

1. (Increase)/Decrease in Money at Call and Short Notice (2,565,255,703) 1,399,472,403

2. (Increase)/Decrease in Other Short Term Investment (2,607,453,948) 132,728,761

3. (Increase)/Decrease in Loans, Advances and Bills Purchase (5,031,956,617) (6,250,689,515)

4. (Increase)/Decrease in Other Assets (64,758,702) (100,321,904)

Increase/(Decrease) in Current Liabilities 7,286,201,144 5,881,870,592

1. Increase/(Decrease) in Deposits 8,992,444,788 5,433,208,373

2. Increase/(Decrease) in Certificates of Deposits - -

3. Increase/(Decrease) in Short Term Borrowings (1,606,405,000) 321,305,000

4. Increase/(Decrease) in Other Liabilities (99,838,644) 127,357,220

(b) Cash Flow from Investment Activities (180,198,859) (1,084,175,283)

1. (Increase)/Decrease in Long-term Investment (130,109,339) (1,040,972,089)

2. (Increase)/Decrease in Fixed Assets (204,010,062) (131,063,717)

3. Interest income from Long term Investment 146,097,809 85,451,323

4. Dividend Income 7,822,733 2,409,200

5. Other - -

(c) Cash Flow from Financing Activities (318,267,960) (354,059,430)

1. Increase/(Decrease) in Long term Borrowings (Bonds, Debentures etc) - 60,000,000

2. Increase/(Decrease) in Share Capital* - -

3. Increase/(Decrease) in Other Liabilities - -

4. Increase/(Decrease) in Refinance/facilities received from NRB - -

5. Dividend Paid (318,267,960) (414,059,430)

(d) Income/(Loss) from change in exchange rate in Cash & Bank balance - -

(e) Current Year's Cash Flow from All Activities (1,972,414,668) 701,371,416

(f) Opening Cash and Bank Balance 3,372,512,471 2,671,141,055

(g) Closing Cash and Bank Balance 1,400,097,803 3,372,512,471

1,400,097,803

*Increment in share capital due to issue of bonus shares not reflected. 0.15

Date: September 07, 2010

Place: Nabil House, Kamaladi, Kathmandu

Nabil Bank Limited Consolidated Cash Flow Statement

(For the period from 16 July 2009 to 16 July 2010)

M. AhmedDirector

S. P. ShresthaChairman









Tabith AwalDirector


G.RRajbahak & Co.Chartered Accountants

an independent member firm of

BKRI N T E R N A T I O N A L

INDEPENDENT AUDITORS' REPORT TO THE SHAREHOLDERS OFNABIL BANK LIMITED

We have audited the accompanying BalanceSheet of Nabil Bank Limited (hereinafter referredto as 'the Bank'), as at July 16, 2010 (Ashadh 32,2067) and the related Profit & Loss Account andCash Flow Statement for the year then ended.These financial statements are the responsibilityof the bank's management. Our responsibility isto express an opinion on these financialstatements based on our audit.

We conducted our audit in accordance withNepal Standards of Auditing and relevantpractices. Those standards and practices requirethat we plan and perform the audit to obtainreasonable assurance about whether thefinancial statements are free of materialmisstatement. An audit includes examination ona test basis, evidence supporting the amountsand disclosures in the financial statements. Anaudit also includes assessing the accountingprinciples used and significant estimates made bythe management, as well as evaluating theoverall financial statement presentation. Webelieve that our audit provides a reasonable basisfor our opinion.

Based on our examination of the financialstatements as aforesaid, we report that:

1. We have obtained all information andexplanations required for the purpose of ouraudit.

2. The Balance Sheet, Profit & Loss Account andCash Flow Statement thereto are presentedin conformity with the formats prescribed byNepal Rastra Bank and are in agreement withthe accounts maintained by the Bank.

.3. The account and records of the Bank havebeen maintained as required by law andpractice.

4. Returns received from the branch offices ofthe Bank are adequate for the purpose of ouraudit.

5. The capital fund and risk bearing fund of thebank are adequate considering the Directivesissued by the Nepal Rastra Bank.

6. To the best of our information and accordingto the explanation given to us and from ourexamination of the books of accounts of theBank, we have not come across any casewhere the Board or Directors or any officebearer of the Bank have acted contrary to theprovisions of law, or committed anymisappropriation or caused any loss ordamage to the Bank and violated Directivesissued by Nepal Rastra Bank or acted in amanner, as would jeopardize the interest andsecurity of the Bank and its depositors.

7. The business of the Bank has been conductedsatisfactorily and found within its authority.

8. In our opinion and to the best of ourinformation and according to the explanationgiven to us, the said financial statements readtogether with the Significant AccountingPolicies (Schedule 32) and Notes thereon(Schedule 33), give a true and fair view -

in case of Balance Sheet, of the state ofaffairs of the Bank as at July 16, 2010(Ashadh 32, 2067),in case of Profit & Loss Account, of theoperating results of the Bank for the yearended on that date, and

in case of Cash Flow Statement, the cashflows of the Bank for the year ended onthat date,

in accordance with Nepal Accounting Standardsor relevant practices, the directives from NepalRastra Bank, Bank and Financial Institution Act,2063 and Company Act, 2063.

Gopal P. Rajbahak, FCA"'For, G. P. Rajbahak & Co.


Date: September 07, 2010Place:

Suite 606Bluestar ComplexTripureswore, KathmanduNepal

Tel+ 9771 -4223778,4225337Fax+9771 -4223846Email: [email protected]

Capital & Liabilities Schedule This Year Rs. Previous Year Rs.1. Share Capital 1 2,028,773,600 1,448,620,500

2. Reserves and Surplus 2 1,805,980,925 1,681,620,137

3. Debentures & Bonds 3 300,000,000 300,000,000

4. Borrowings 4 74,900,000 1,681,305,000

5. Deposits 5 46,410,700,628 37,348,255,840

6. Bills Payable 6 425,443,908 463,138,615

7. Proposed Dividend 434,737,200 338,011,450

8. Income Tax Liabilities 24,904,405 80,232,454

9. Other Liabilities 7 644,796,677 526,213,508

Total 52,150,237,343 43,867,397,504

Assets Schedule This Year Rs. Previous Year Rs.1. Cash Balance 8 635,986,600 674,395,434

2. Balance with Nepal Rastra Bank 9 549,454,618 2,648,596,348

3. Balance with Banks/Financial Institutions 10 214,656,586 49,520,689

4. Money at Call and Short Notice 11 3,118,144,000 552,888,297

5. Investment 12 13,670,916,613 10,826,379,001

6. Loans, Advances and Bills Purchased 13 32,268,873,283 27,589,933,041

7. Fixed Assets 14 779,539,760 660,988,986

8. Non Banking Assets 15 - -

9. Other Assets 16 912,665,884 864,695,708 Total 52,150,237,343 43,867,397,504

(0) (0)

Contingent Liabilities Schedule 17

Directors' Declaration Schedule 29

Table of Capital Fund Schedule 30(A1)

Credit Risk Schedule 30(B)

Credit Risk Mitigation Schedule 30(C)

Operation Risk Schedule 30(D)

Market Risk Schedule 30(E)

Principal Indicators Schedule 31

Principal Accounting Policies Schedule 32

Notes to Accounts Schedule 33

Statement of Promoters' Loan Schedule 34Comparison of Unaudited and Audited Financial Statement Schedule 35

Schedules 1 to 17 form integral part of the Balance Sheet.


Nabil Bank Limited Balance Sheet as at 16 July 2010 (32 Ashadh 2067)









M. AhmedDirector


Tabith AwalDirector


Particulars Schedule This Year Rs. Previous Year Rs.1. Interest Income 18 4,047,725,656 2,798,486,196

2. Interest Expense 19 1,960,107,902 1,153,280,052

Net Interest Income 2,087,617,754 1,645,206,144

3. Commission and Discount 20 215,481,543 179,693,027

4. Other Operating Income 21 169,548,006 144,164,143

5. Exchange Income 22 291,440,756 251,919,712

Total Operating Income 2,764,088,060 2,220,983,026

6. Staff Expense 23 366,940,054 339,897,913

7. Other Operating Expense 24 334,186,212 265,158,033

8. Exchange Loss 22 - -

Operating Profit before Provision for Possible Losses 2,062,961,794 1,615,927,080

9. Provision for Possible Losses 25 355,829,115 45,722,434

Operating Profit 1,707,132,679 1,570,204,646

10. Non Operating Income /(Expense) 26 6,454,724 2,190,102

11. Provision for Possible Losses Write Back 27 39,791,809 10,617,867

Profit from Regular Activities 1,753,379,212 1,583,012,615

12. Income/(Expense) from Extra-ordinary Activities 28 34,321,843 43,521,866

Profit from All Activities 1,787,701,056 1,626,534,481

13. Provision for Staff Bonus 162,518,278 147,866,771

14. Provision for Income Tax 486,083,379 447,614,612

Current Tax 472,823,385 470,701,921

Prior Period Tax 831,939 918,745

Deferred Tax 12,428,055 (24,006,054)

Net Profit/(Loss) 1,139,099,399 1,031,053,098

Schedules 18 to 28 form integral part of the Profit and Loss Account.


Nabil Bank Limited Profit and Loss Account

For the period 16 July 2009 to 16 July 2010 (1 Shrawan 2066 to 32 Ashadh 2067)









M. AhmedDirector


Tabith AwalDirector


Particulars Schedule This Year Rs. Previous Year Rs.

Income 1. Accumulated Profit up to Last Year (Restated Balance) 104,394,171 161,699,989

2. Current Year's Profit 1,139,099,399 1,031,053,098

3. Exchange Equalization Fund - -

4. Capital Adjustment Reserve - -

5. Deferred Tax Reserve 12,428,055 -

6. Investment Adjustment Reserve - -

Total 1,255,921,625 1,192,753,087

Expense 1. Accumulated Loss up to Last Year - -

2. Current Year's Loss - -

3. General Reserve 228,000,000 207,000,000

4. Contingent Reserve 1,000,000 1,000,000

5. Institution Development Fund - -

6. Dividend Equalization Fund - -

7. Employees Related Reserve - -

8. Proposed Cash Dividend 434,737,200 338,011,450

9. Proposed Stock Dividend (Bonus Shares) 579,649,600 482,873,500

10. Special Reserve Fund - -

11. Exchange Fluctuation Fund 6,000,000 11,300,000

12. Capital Redemption Reserve - -

13. Capital Adjustment Fund - -

14. Deferred Tax Reserve - 95,373,040

15. Investment Adjusment Reserve 4,000,000 - Total 1,253,386,800 1,135,557,990

15. Accumulated Profit/(Loss) 2,534,825 57,195,097


Profit & Loss Appropriation AccountFiscal Year 2009/10 (2066/2067)

Nabil Bank Limited









M. AhmedDirector


Tabith AwalDirector


Rs. Particulars Share Capital Accumulated

Profit/(Loss)

General

Reserve

Proposed

Bonus Share

Capital

Reserve Fund

Share Premium Contingent

Reserve

Dividend Equalization

Fund

Capital Adjustment

Reserve

Exchange Equalization

Fund

Interest Spread

Reserve

Deferred Tax

Reserve

Investment Adjustment

Reserve

Total Amount

Balance as on 15 July 2009 965,747,000 57,195,097 1,340,500,000 482,873,500 - 74,000 10,500,000 100,000,000 - 75,400,000 2,578,000 95,373,040 - 3,130,240,637

Changes in Accounting Policy - -

Share Capital Adjustment (503,500) 503,500 -

Changes in Tax Accounting Policy 47,803,754 (47,803,754) -

Adjustments in Fixed / Other Assets (101,180) 252,870 151,689

Restated Balance 965,747,000 104,394,171 1,340,500,000 483,377,000 - 74,000 10,500,000 100,000,000 - 75,400,000 2,578,000 47,822,155 - 3,130,392,327

Surplus on Revaluation of Properties -

Deficit on Revaluation of Properties -

Currency Translation Difference - Net Gains and Losses not recognised in the Income Statement -

Net Profit for the period 1,139,099,399 1,139,099,399

Adjustments: -

Issuance of Share Capital -


Surplus on Revaluation of Properties -


Cash Dividend (434,737,200) (434,737,200)

Proposed Stock Dividend 483,377,000 (579,649,600) 96,272,600 - -

General Reserve Fund (228,000,000) 228,000,000 -

Contingent Reserve (1,000,000) 1,000,000 -

Dividend Equalization Fund - - -

Capital Adjustment Fund - -

Exchange Fluctuation Reserve (6,000,000) 6,000,000 -

Interest Spread Reserve - -

Deferred Tax Reserve 12,428,055 (12,428,055) -

Investment Adjustment Reserve (4,000,000) 4,000,000 -

Closing Balance 1,449,124,000 2,534,825 1,568,500,000 579,649,600 - 74,000 11,500,000 100,000,000 - 81,400,000 2,578,000 35,394,100 4,000,000 3,834,754,525

Fiscal Year 2009/10 (2066/67)Statement of Changes in Equity

Nabil Bank Limited

Particulars This Year Rs. Previous Year Rs. (a) Cash Flow from Operating Activities (1,405,888,486) 2,139,606,128 1. Cash Received 4,619,700,273 3,200,082,634

1.1 Interest Income 3,908,768,490 2,577,946,273

1.2 Commission and Discount Income 215,481,543 179,693,027

1.3 Income from Foreign Exchange Transaction 291,440,756 251,919,712

1.4 Recovery of Loan Written Off 34,461,478 46,359,479

1.5 Other Incomes 169,548,006 144,164,143

2. Cash Payment (3,109,719,501) (2,123,536,843)

2.1 Interest Expenses (1,961,965,831) (1,162,333,767)

2.2 Staff Expenses (366,595,092) (333,774,593)

2.3 Office Operating Expenses (252,035,570) (197,263,402)

2.4 Income Tax Paid (528,983,373) (430,165,081)

2.5 Other Expenses (139,634) -

Cash Flow before changes in Working Capital 1,509,980,772 1,076,545,791 (Increase)/Decrease in Current Assets (10,272,053,452) (4,818,810,255)

1. (Increase)/Decrease in Money at Call and Short Notice (2,565,255,703) 1,399,472,403

2. (Increase)/Decrease in Other Short Term Investment (2,607,453,948) 132,728,761

3. (Increase)/Decrease in Loans, Advances and Bills Purchase (5,031,956,617) (6,250,689,515)

4. (Increase)/Decrease in Other Assets (67,387,185) (100,321,904)

Increase/(Decrease) in Current Liabilities 7,356,184,194 5,881,870,592

1. Increase/(Decrease) in Deposits 9,062,444,788 5,433,208,373

2. Increase/(Decrease) in Certificates of Deposits - -

3. Increase/(Decrease) in Short Term Borrowings (1,606,405,000) 321,305,000

4. Increase/(Decrease) in Other Liabilities (99,855,594) 127,357,220

(b) Cash Flow from Investment Activities (248,258,222) (1,084,175,283)

1. (Increase)/Decrease in Long-term Investment (200,109,339) (1,040,972,089)

2. (Increase)/Decrease in Fixed Assets (202,069,424) (131,063,717)

3. Interest income from Long term Investment 146,097,809 85,451,323

4. Dividend Income 7,822,733 2,409,200

5. Other - -

(c) Cash Flow from Financing Activities (318,267,960) (354,059,430)

1. Increase/(Decrease) in Long term Borrowings (Bonds, Debentures etc) - 60,000,000

2. Increase/(Decrease) in Share Capital* - -

3. Increase/(Decrease) in Other Liabilities - -

4. Increase/(Decrease) in Refinance/facilities received from NRB - -

5. Dividend Paid (318,267,960) (414,059,430)

(d) Income/(Loss) from change in exchange rate in Cash & Bank balance - -

(e) Current Year's Cash Flow from All Activities (1,972,414,668) 701,371,416

(f) Opening Cash and Bank Balance 3,372,512,471 2,671,141,055

(g) Closing Cash and Bank Balance 1,400,097,803 3,372,512,471

1,400,097,803

*Increment in share capital due to issue of bonus shares not reflected.

(0.15)

Date: September 07, 2010

Place: Nabil House, Kamaladi, Kathmandu

Nabil Bank Limited Cash Flow Statement

(For the period from 16 July 2009 to 16 July 2010)

M. AhmedDirector

S. P. ShresthaChairman









Tabith AwalDirector


Nabil Bank LimitedShare Capital and Ownership

(As at 16 July 2010)

Previous Year Rs. This Year Rs.1. Share Capital

1,600,000,000 1.1 Authorized Capital 1,600,000,000

1,600,000,000 a) 16,000,000 Ordinary Shares of Rs. 100 each 1,600,000,000

b) ...Non-redeemable Preference Shares of Rs.. each

c) Redeemable Preference Shares of Rs.. each

965,747,000 1.2 Issued Capital 1,449,124,000

965,747,000 a) 14,491,240 Ordinary Shares of Rs. 100 each 1,449,124,000



965,747,000 1.3 Paid Up Capital 1,449,124,000

965,747,000 a) 14,491,240 Ordinary Shares of Rs. 100 each 1,449,124,000



482,873,500 1.4 Proposed Bonus Shares 579,649,600

- 1.5 Calls in Advance -

*Share Capital at the face includes paid up capital and proposed bonus shares.Share Ownership

Previous Year Rs. % Particulars % This Year Rs.482,860,500 50.00 1. Local Ownership 50.00 724,562,000

- - 1.1 Government of Nepal - -

- - 1.3 "Ka" Class Licensed Institutions - -

59,394,900 6.15 1.4 Other Licensed Institutions 6.15 89,130,800

96,574,700 10.00 1.5 Other Entities 10.00 144,924,300

289,724,100 30.00 1.6 General Public 30.00 434,737,200

37,166,800 3.85 1.7 Others* 3.85 55,769,700

482,873,500 50.00 2. Foreign Ownership 50.00 724,562,000 965,734,000 100.00 Total 100.00 1,449,124,000

*Others include promoters shares divested by NIDC, which is freely traded in stock exchange, NEPSE.

Details of Shareholders Holding 0.5% Shares

S.No. Particulars This Year

% Rs.1 NB International Limited 50.00 724,562,000

2 Rastriya Beema Sansthan 9.67 140,085,400

3 Nepal Industrial Development Corporation 6.15 89,130,800

4 Mr. Arjun Bandhu Regmi 0.96 13,925,200

5 Mr. Nirvana Kumar Chaudhary 0.89 12,926,900

6 Mr. Barun Chaudhary 0.85 12,324,200

7 Mrs. Sarika Chaudhary 0.76 11,071,200

8 Nepal Trust 0.59 8,599,500 9 Mr. Rahul Chaudhary 0.59 8,588,100

Schedule 1

Particulars

Nabil Bank LimitedReserves & Surplus

(As at 16 July 2010)Previous Year Rs. Particulars This Year Rs.

1,340,500,000 1. General Reserve 1,568,500,000

74,000 2. Capital Reserve 74,000

74,000 a. Share Premium 74,000

- 3. Capital Redemption Reserve -

- 4. Capital Adjustment Fund -

208,451,040 5. Other Reserve and Fund 153,472,100

10,500,000 a. Contingent Reserve 11,500,000

- b. Institution Development Fund -

100,000,000 c. Dividend Equalization Fund 100,000,000

- d. Special Reserve Fund -

- e. Assets Revaluation Reserve -

95,373,040 f. Deferred Tax Reserve 35,394,100

2,578,000 g. Other Free Reserve (Interest Spread Reserve) 2,578,000

- h. Other Reserve (Investment Adjustment Reserve) 4,000,000

57,195,097 6. Accumulated Profit/(Loss) 2,534,825

75,400,000 7. Exchange Fluctuation Fund 81,400,000

1,681,620,137 Total 1,805,980,925

Nabil Bank LimitedDebentures & Bonds


300,000,000 1. 8.5% Bond of Rs. 1000 each 300,000,000

Issued in July / August 2008 with maturity in July / August 2018

(Redemption Reserve till date:Rs.)

- 2. .% Bond/Debentures of Rs..each -

Issued on with maturity on .

(Redemption Reserve till date:Rs.)

300,000,000 Total (1+2) 300,000,000

Nabil Bank LimitedBorrowings


A. Local

- 1. Government of Nepal -

- 2. Nepal Rastra Bank (SLF) -

- 3. Repo Liability -

1,291,805,000 4. Inter-Bank and Financial Institutions 74,900,000

- 5. Other Organized Institutions -

- 6. Others -

1,291,805,000 Total 74,900,000

B. Foreign

389,500,000 1. Banks -

- 2. Others -

389,500,000 Total -

1,681,305,000 Total (A+B) 74,900,000

Schedule 4

Schedule 2

Schedule 3

Nabil Bank LimitedDeposits


1. Interest Free Deposits

5,480,533,468 A. Current Deposits 7,904,619,852

4,045,800,379 1. Local Currency 6,313,796,289

- 1.1 Nepal Government -

23,176,786 1.2 "Ka" Class Licensed Institutions 32,328,673

367,511,301 1.3 Other Licensed Financial Institutions 324,505,820

2,785,195,376 1.4 Other Organized Institutions 5,035,057,576

869,916,917 1.5 Individuals 921,904,221

- 1.6 Others -

1,434,733,089 2. Foreign Currency 1,590,823,563

- 2.1 Nepal Government -

- 2.2 "Ka" Class Licensed Institutions -

- 2.3 Other Licensed Financial Institutions -


98,928,545 2.5 Individuals 97,584,528

- 2.6 Others -

463,015,109 B. Margin Deposits 629,857,093

4,751,756 1. Employees 4,741,762

175,150,986 2. Guarantee 232,105,882

278,354,111 3. Letter of Credit 384,393,989

4,758,256 4. Others 8,615,460

35,320,250 C. Others 86,421,605

17,267,500 1. Local Currency 69,254,535

- 1.1 Financial Institutions -

5,116,500 1.2 Other Organized Institutions 14,390,380

12,151,000 1.3 Individual 54,864,155

18,052,750 2. Foreign Currency 17,167,070

- 2.1 Financial Institutions -

389,500 2.2 Other Organized Institutions 8,763,300

17,663,250 2.3 Individual 8,403,770

5,978,868,827 Total (A+B+C) 8,620,898,550

Schedule 5

Contd.

Previous Year Rs. Particulars This Year Rs.2. Interest Bearing Deposits

14,620,407,308 A. Savings Deposits 13,783,585,962

12,932,836,288 1. Local Currency 12,739,864,676

1,139,460,862 1.1 Institutions 400,853,101

11,793,375,426 1.2 Individuals 12,339,011,575

- 1.3 Others -


839,728,378 2.1 Institutions 238,921,680

847,842,642 2.2 Individuals 804,799,606

- 2.3 Others -

8,310,708,297 B. Fixed Deposits 14,711,158,487

5,568,293,147 1. Local Currency 12,694,340,322

3,603,150,123 1.1 Institutions 6,302,068,097

1,965,143,024 1.2 Individuals 6,392,272,226

- 1.3 Others -


2,397,461,245 2.1 Institutions 1,843,874,708

344,953,905 2.2 Individuals 172,943,457

- 2.3 Others -

8,438,271,408 C. Call Deposits 9,295,057,629

7,165,234,252 1. Local Currency 7,548,301,795

29,056,156 1.1 "Ka" Class Licensed Institutions 312,010,271

547,857,852 1.2 Other Licensed Financial Institutions 392,567,623


1,496,328,702 1.4 Individuals 1,236,833,963

- 1.5 Others -


- 2.1 "Ka" Class Licensed Institutions -

- 2.2 Other Licensed Financial Institutions -

891,421,080 2.3 Other Organized Institutions 1,485,744,716

381,616,076 2.4 Individuals 261,011,118

- 2.5 Others -

- D. Certificate of Deposit -

- 1. Organized Institutions -

- 2. Individuals -

- 3. Others -

31,369,387,013 Total (A+B+C+D) 37,789,802,078

37,348,255,840 Total Deposits (1+2) 46,410,700,628

Deposit in GL

Difference

Reconciliation

Interest recovered from Current account

Interest recovered from Call account

Investment in Nabil Investment Banking

Interest expense deposited in respective deposit accounts

Nabil Bank LimitedBills Payable


373,737,096 1. Local Currency 48,670,659


463,138,615 Total 425,443,908

Nabil Bank LimitedOther Liabilities (As at 16 July 2010)

Previous Year Rs. Particulars This Year Rs.92,996,957 1. Gratuity Fund 90,033,208

- 2. Employees Provident Fund -

39,907,521 3. Employees Welfare/ Leave Fund 43,216,232

147,866,771 4. Provision for Staff Bonus 162,518,278

1,842,241 5. Interest Payable on Deposits 546,969

712,214 6. Interest Payable on Borrowings 149,557

25,728,247 7. Unearned Discount and Commission 21,600,949

187,561,352 8. Sundry Creditors 273,692,120

- 9. Branch Reconciliation Account -

750,000 10. Provision for Audit Expense 800,000

- 11. Deferred Tax Liabilities -

23,313,574 12. Dividend Payable 43,057,064

5,534,631 13. Others 9,182,300

526,213,508 Total 644,796,677

Nabil Bank LimitedCash Balance (As at 16 July 2010)

Previous Year Rs. Particulars This Year Rs.640,910,111 1. Local Currency (Including Coins) 602,606,035


674,395,434 Total 635,986,600

Schedule 8

Schedule 6

Schedule 7

Nabil Bank LimitedBalance with Nepal Rastra Bank


INR Convertible FCY Total2,648,596,348 1. Nepal Rastra Bank 602,191,896 - (52,737,279) (52,737,279) 549,454,618 2,655,875,881 a. Current Account 602,191,896 - (52,737,279) (52,737,279) 549,454,618

(7,279,533) b. Other Account - - - - - Note: Balance as per the confirmation statements is Rs. 709,464,759

Nabil Bank Limited Balance with Banks / Financial Institutions


INR Convertible FCY Total 41,976,883 1. Local Licensed Institutions 47,418,553 - - - 47,418,553 41,976,883 a. Current Account 47,418,553 - - - 47,418,553

- b. Other Account - - - - - 7,543,806 2. Foreign Banks - (936,310) 168,174,343 167,238,033 167,238,033 7,543,806 a. Current Account - (936,310) 168,174,343 167,238,033 167,238,033

- b. Other Account - - - - - 49,520,689 Total 47,418,553 (936,310) 168,174,343 167,238,033 214,656,586

Note: Balance as per the confirmation statements is Rs. 472,805,855

Nabil Bank LimitedMoney at Call and Short Notice


- 1. Local Currency 1,700,000,000 552,888,297 2. Foreign Currency 1,418,144,000 552,888,297 Total 3,118,144,000

Schedule 9

Local Currency Foreign Currency This Year Rs.

Schedule 11

Particulars

Foreign CurrencyParticulars Local Currency

Schedule 10

This Year Rs.Previous Year Rs.

Previous Year Rs.

Nabil Bank LimitedInvestments


Trading Others1,838,819,440 1. Nepal Government Treasury Bills - 5,865,884,661 5,865,884,661

- 2. Nepal Government Saving Bonds - - - 1,867,283,222 3. Nepal Government Other Securities - 2,075,671,779 2,075,671,779

- 4. Nepal Rastra Bank Bonds - - - 272,428,764 5. Foreign Bonds - 186,999,085 186,999,085 77,900,000 6. Local Licensed Institutions - - -

6,732,829,457 7. Foreign Banks - 5,391,118,185 5,391,118,185 82,501,900 8. Organized Institutions' Shares - 159,857,000 159,857,000

- 9. Organized Institutions' Bonds and Debentures - - - - 10. Other Investments: - - -

1,257,000 10.1. NCM Mutual Fund (100,000 units @ Rs.10 & 100,000 units 1,257,000 1,257,000 Right Share @ Rs. 2.57. Market Value per unit Rs. 31.83)

1,785,753 10.2. SWIFT Investment (denominated in ) - 1,581,114 1,581,114

10,874,805,536 Total Investment - 13,682,368,823 13,682,368,823 48,426,535 Provision - 11,452,210 11,452,210

10,826,379,001 Net Investment - 13,670,916,613 13,670,916,613

Nabil Bank Limited Investment in Shares, Debentures and Bonds

(As at 16 July 2010)Previous Year

Rs.Cost Price Market Value Provision

82,501,900 1. Investment in Shares 159,857,000 170,357,105 - 50,720,000 1.1 Rural Microfinance Development Centre Limited 50,720,000 Not Listed

(507,200 ordinary shares of Rs. 100 paid up)9,096,400 1.2 Nirdhan Utthan Bank Limited 9,096,400 49,495,875 -

[152,295 ordinary shares of Rs. 100 paid up (Including Bonus Shares 61,331)]3,600,000 1.3 Chhimek Bikash Bank Limited 7,380,100 55,566,980 -

[113,402 ordinary shares of Rs. 100 paid up (Including Bonus Shares 39,601)1,500,000 1.4 Deprosc Development Bank Limited 1,500,000 3,105,000 -

[22,500 ordinary shares of Rs. 100 paid up (Including Bonus Shares 7,500)1,500,000 1.5 Sudur Paschimanchal Grameen Bikash Bank Limited 1,500,000 Not Listed -

(15,000 ordinary shares of Rs. 100 paid up)3,000,000 1.6 Purbanchal Grameen Bikash Bank Limited* 3,000,000 28,950,000 -

30,000 ordinary shares of Rs. 100 paid up3,000,000 1.7 Madhya Paschimanchal Grameen Bikash Bank Limited 3,000,000 Not Listed -

(30,000 ordinary shares of Rs. 100 paid up)2,000,000 1.8 Sanakisan Bikash Bank Limited 2,000,000 Not Listed -

(20,000 ordinary shares of Rs. 100 paid up)6,600,000 1.9 Swabalamban Bikash Bank Limited 6,600,000 33,239,250 -

[84,150 ordinary shares of Rs. 100 paid up (Including Bonus Shares 18,150)]1,235,500 1.10 Karja Suchana Kendra Limited 1,235,500 Not Listed -

[14,120 ordinary shares of Rs. 100 paid up (Including Bonus Shares 1,765)]125,000 1.11 Jeevan Laghu Bittiya Bikas Bank 125,000 Not Listed -

(25,000 ordinary shares of Rs. 5 paid up)- 1.12 National Banking Training Institute 1,200,000 Not Listed -

(12,000 ordinary shares of Rs. 100 paid up)125,000 1.12 Nepal Clearing House Limited 2,500,000 Not Listed -

(25,000 ordinary shares of Rs. 100 paid up)- 1.13 Nabil Investment Banking Limited 70,000,000 Not Listed -

(700,000 ordinary shares of Rs. 100 each)- 1.14 Visa Worldwide Pte. Limited - - -

(6,166 units of Class C Common Stock)- 1.15 MasterCard Worldwide. (Inc.) - - -

(1114 units Class B Common Stock)272,428,764 2. Investment in Debentures and Bonds 186,999,085 175,546,875 - 77,939,729 2.1 Development Bank of Singapore Bonds - - -

(Bonds of face value USD 1,000,000 at coupon rate 7.875% matured on 10 August 2009)

194,489,035 2.2 ICICI Bank Bonds 186,999,085 175,546,875 11,452,210 (Bonds of face value USD 2,500,000 at coupon rate 6.375% maturing on 30 April 2022)

354,930,664 Total Investment 346,856,085 - - 3. Provision for Loss

26,790,780 3.1 Up to Previous Year 48,426,535 - - 21,635,755 3.2 Addition/(Writeback) This Year (36,974,325) - - 48,426,535 Total Provision 11,452,210 - -

Note : Deprosc Development Bank Limited, Sudur Paschimanchal Grameen Bikash Bank Limited, Madya Paschimanchal Grameen Bikash Bank Limited, Karja Suchana Kendra Limited, Jeevan Laghu Bittiya Bikash Bank Limited, National Banking Training Institute, Nepal Clearing House Limited have not declared and distributed dividend in the last three years.

*Shares of Purbanchal Grameen Bikash Bank Ltd. was last traded on 25th November 2009.

Particulars

Schedule 12 (A)

Previous Year Rs.

Schedule 12

Particulars Purpose This Year Rs.

16-Jul-2010 15-Jul-2009 This Year Previous Year 1. Nepal Government Treasury Bills - - - - - 2. Nepal Government Saving Bonds - - - - - 3. Nepal Government Other Securities - - - - - 4. Nepal Rastra Bank Bonds - - - - - 5. Foreign Bonds - - - - - 6. Shares of Local Licensed Institutions - - - 7. Debentures and Bonds of Local Lice- nsed Institutions - - - - - 8. Shares, Debentures and Bonds of Local Organised Institutions - - - - - 9. Placement in Foreign Banks - - - - - 10. Inter Bank Lending - - - - - 11. Other Investments - - - - - Total Investments - - - - -

16-Jul-2010 15-Jul-2009 This Year Previous Year 1. Nepal Government Treasury Bills 5,865,884,661 2. Nepal Government Saving Bonds - 3. Nepal Government Other Securities 2,075,671,779 4. Nepal Rastra Bank Bonds - 5. Foreign Bonds (denominated in $) 186,999,085 11,452,210 48,426,535 36,974,325 (21,635,755) 6. Shares of Local Licensed Institutions - 7. Debentures and Bonds of Local Lice- nsed Institutions - 8. Shares, Debentures and Bonds of Local Organised Institutions - 9. Placement in Foreign Banks 5,391,118,185 10. Other Investments - Total Investments 13,519,673,710 11,452,210 48,426,535 36,974,325.00 (21,635,755.00)

15-Jul-2009 (A) 16-Jul-2010 (B)

1. Nepal Government Treasury Bills - 2. Nepal Government Saving Bonds - 3. Nepal Government Other Securities - 4. Nepal Rastra Bank Bonds - 5. Foreign Bonds - 6. Shares of Local Licensed Institutions 84,921,500 227,702,105 - - 7. Debentures and Bonds of Local Lice- nsed Institutions - 8. Shares, Debentures and Bonds of Local Organised Institutions 74,935,500 74,935,500 - - 9. Placement in Foreign Banks - 10. Other Investments 2,838,114 2,838,114 - - Total Investments 162,695,114 - 305,475,719 - -

*For the shares, which are not listed in Nepal Stock Exchange, cost of acquisition is considered as the market price.

Last Year Profit/ Loss RemarksParticulars Cost Price

Market Price As At* This Year Investment Adjustment

Reserve (B -A)

Schedule 12.3

Nabil Bank LimitedAvailable for Sale Investments


Nabil Bank LimitedHeld to Maturity Investments

(As at 16 July 2010)Particulars Cost Price RemarksImpaired Amount till Profit / Loss

Schedule 12.1

Schedule 12.2

Nabil Bank LimitedHeld for Trading Investments

(As at 16 July 2010)Particulars Cost Price RemarksProfit / Loss Market Price As At

Nabil Bank Limited Classification of Loans, Advances and Bills Purchased & Provisioning


Insured Uninsured27,774,194,658 1. Performing Loans 16,914,282 1,109,172,847 31,238,444,624 138,391,525 32,502,923,279 8,477,407 33,286,481 41,763,888 32,544,687,16727,766,997,848 1.1 Pass 16,914,282 1,109,172,847 31,237,184,543 138,391,525 32,501,663,198 8,477,407 33,286,481 41,763,888 32,543,427,086

7,196,810 1.2 Restructured / Rescheduled - - 1,260,081 - 1,260,081 - - - 1,260,081 224,817,413 2. Non-Performing Loans 5,506,547 29,960,135 449,551,584 1,263,256 486,281,521 - - - 486,281,521 113,305,139 2.1 Sub-Standard - - 59,020,380 - 59,020,380 - - - 59,020,380 45,756,398 2.2 Doubtful - - 22,730,859 - 22,730,859 - - - 22,730,859 65,755,876 2.3 Loss 5,506,547 29,960,135 367,800,344 1,263,256 404,530,282 - - - 404,530,282

27,999,012,071 A. Total Loan (1+2) 22,420,829 1,139,132,982 31,687,996,208 139,654,781 32,989,204,800 8,477,407 33,286,481 41,763,888 33,030,968,6883. Loan Loss Provision

280,444,516 3.1 Pass 42,286 11,091,604 322,482,113 1,383,355 334,999,359 84,774 332,865 417,639 335,416,998 1,197,728 3.2 Restructured / Rescheduled - - 157,510 - 157,510 - - - 157,510

44,073,679 3.3 Sub-Standard - - 14,755,095 - 14,755,095 - - - 14,755,095 23,525,833 3.4 Doubtful - - 11,365,430 - 11,365,430 - - - 11,365,430 59,837,274 3.5 Loss 1,376,637 29,960,135 367,800,344 1,263,256 400,400,372 - - - 400,400,372

409,079,030 B. Total Provisioning 1,418,922 41,051,739 716,560,492 2,646,611 761,677,765 84,774 332,865 417,639 762,095,405 4. Provisioning up to previous year

291,714,142 4.1 Pass 40,096 10,061,781 267,721,752 1,023,300 278,846,929 829,699 767,888 1,597,587 280,444,516 3,026,253 4.2 Restructured / Rescheduled - - 1,197,728 - 1,197,728 - - - 1,197,728

32,305,327 4.3 Sub-Standard 869 - 44,072,810 - 44,073,679 - - - 44,073,679 21,265,253 4.4 Doubtful - - 23,525,833 - 23,525,833 - - - 23,525,833 46,096,041 4.5 Loss 1,972,867 2,500,565 53,877,409 448,550 58,799,391 1,037,883 - 1,037,883 59,837,274

394,407,016 C. Total Previous Year's Provision 2,013,832 12,562,346 390,395,532 1,471,850 406,443,560 1,867,582 767,888 2,635,470 409,079,030 7,911,332 D. Written Back This Year 594,910 - - - 594,910 1,782,808 435,023 2,217,831 2,812,740

22,583,346 E. Addition This Year - 28,489,393 326,164,960 1,174,761 355,829,115 - - 355,829,115 14,672,014 F. Changes This Year (594,910) 28,489,393 326,164,960 1,174,761 355,234,205 (1,782,808) (435,023) (2,217,831) 353,016,375

27,589,933,041 Net Loan (A-B) 21,001,907 1,098,081,243 30,971,435,715 137,008,170 32,227,527,035 8,392,633 32,953,616 41,346,249 32,268,873,283

Schedule 13

Previous Year

Rs.

This Year Rs.Domestic ForeignForeign Total DomesticDeprived Sector Other TotalParticulars

Loans & Advances Bills Purchased & Discounted

Nabil Bank LimitedSecuritywise Loans, Advances and Bills Purchased


27,999,012,071 A. Secured 33,030,968,688

27,377,630,794 1. Movable/Immovable Assets 32,440,642,452

- 2. Guarantee of Local Licensed Institutions -

- 3. Government Guarantee -

9,726,411 4. Internationally Rated Bank Guarantee 148,995

87,450,000 5. Export Documents 16,710,321

414,779,529 6. Fixed Deposit Receipts 495,932,213

311,326,068 a. Own 390,720,893

103,453,461 b. Other Licensed Institutions 105,211,320

103,099,819 7. Government Securities 77,034,900

- 8. Counter Guarantee -

6,325,518 9. Personal Guarantee 499,809

- 10. Other Securities -

- B. Unsecured -

27,999,012,071 Total 33,030,968,688

Schedule 13 (A)

Nabil Bank LimitedFixed Assets

(As at 16 July 2010)Assets

Building Vehicles Machinery Office Equipment Software Others 1. Cost Price -

689,579,372 a. Previous Year Balance 180,674,249 124,609,970 - 387,638,672 9,709,797 - 702,632,688 96,903,211 b. Addition during the Year - 56,490,816 - 58,905,250 32,635,406 - 148,031,471

- c. Revaluation/Write Back This Year - - - - - - - (9,928,266) d. Sold during the Year - (15,873,979) - (9,427,552) - - (25,301,531)

(73,921,629) e. Write off during the Year - (5,530) - (1,890,767) (749,661) - (2,645,958) 702,632,688 Total Cost (a+b+c+d+e) 180,674,249 165,221,277 - 435,225,602 41,595,542 - 822,716,670

2. Depreciation357,939,679 a. Up to Previous Year 38,865,037 59,186,425 - 236,057,406 2,801,357 - 336,910,225 60,393,414 b. For This Year 7,090,461 17,974,302 43,195,624 3,856,875 - 72,117,261

- c. Revaluation/Write Back This Year - - - - - - - (8,305,184) d. Depreciation on Sold Assets - (11,427,136) - (8,470,561) - - (19,897,697)

(73,117,684) e. Depreciation on Writen Off Assets - (4,341) - (1,629,154) (749,661) - (2,383,156) 336,910,225 Total Depreciation 45,955,498 65,729,250 - 269,153,315 5,908,571 - 386,746,633 365,722,463 3. Book Value (WDV*) (1-2) 134,718,751 99,492,027 - 166,072,288 35,686,971 - 435,970,037 241,517,149 4. Land - - - - - 241,517,149 241,517,149 24,874,227 5. Pending Capitalization 61,445,677 - - - 10,472,486 - 71,918,163 28,875,147 6. Leasehold Assets - - - - - 30,134,411 30,134,411

660,988,986 Total (3+4+5+6) 196,164,429 99,492,027 - 166,072,288 46,159,457 271,651,560 779,539,760 * Written Down Value

Nabil Bank LimitedNon Banking Assets

(As at 16 July 2010)Name & Address of NetBorrower or Party % Amount

- Grand Total - - -

Loss ProvisionPrevious Year

Total Amount of Non Banking Assets

Date of AcquisitionNon Banking Assets

Schedule 15

Schedule 14

Particulars This Year Rs.Previous Year Rs.

Nabil Bank LimitedOther Assets

(As at 16 July 2010)Previous Year

Rs.Particulars

9,071,880 1. Stock of Stationery 9,338,836 153,713,627 2. Income receivable on Investment 133,461,460 151,568,100 3. Accrued Interest on Loan 221,088,970 -

(151,568,100) Less: Interest Suspense Account (221,088,970) - 4. Commission Receivable -

15,048,617 5. Sundry Debtors 74,173,962 490,351,439 6. Staff Loans & Advances 526,540,359 26,228,801 7. Pre - Payments 45,727,848

- 8. Cash in Transit - - 9. Other Transit items (including Cheques) - - 10. Drafts paid without notice - - 11. Expenses not written off - - 12. Branch Reconciliation Account -

95,373,040 13. Deferred Tax Assets 35,394,100 74,908,304 14. Others 88,029,319

864,695,708 Total 912,665,884

Nabil Bank Limited Other Assets (Additional Statement)

(As at 16 July 2010)Particulars This Year

Up to 1 Year 1 to 3 Year Above 3 Years Total151,568,100 1. Accrued Interest on Loan 159,655,115 20,123,563 41,310,292 221,088,970

- 2. Drafts Paid without notice - - 3. Branch Reconciliation Account - - 4. Branch Reconciliation Account -

This Year Rs.

Previous Year

Schedule 16(A)

Schedule 16

Nabil Bank LimitedContingent Liabilities


26,657,363 1. Claims on Institution but not accepted by the Institution 26,327,363

4,491,388,706 2. Letter of Credit (Full Amount) 5,253,245,628

4,232,448,930 a. Maturity up to 6 Months 4,939,448,499

258,939,776 b. Maturity more than 6 Months 313,797,129

- 3. Rediscounted Bills -

3,350,955,876 4. Guarantees/Bonds 3,422,394,751

134,366,161 a. Bid Bonds 159,001,770

3,216,589,715 b. Performance Bonds 3,263,392,981

- c. Other Guarantees/Bonds -

- 5. Unpaid Shares in Investment 2,375,000

168,006,559 6. Forward Exchange Contract Liabilities 538,290,434

320,861,014 7. Bills under Collection 296,937,371

568,339,246 8. Acceptance & Endorsement 691,800,945

- 9. Underwriting Commitment -

2,202,707,048 10. Irrevocable Loan Commitment 2,309,932,192

208,419,989 11. Guarantee issued against Counter Guarantee of Internationally Rated Bank 628,779,927

291,823,791 12. Advance Payment Guarantee 282,730,865

- 13. Financial Guarantee -

- 14. Income Tax -

11,629,159,592 Total 13,452,814,476

Schedule 17

Nabil Bank LimitedInterest Income

(For the period from 16 July 2009 to 16 July 2010)Previous Year Rs. Particulars This Year Rs.

2,182,646,650 A. Loans, Advances and Overdraft 3,368,727,546

1,483,042,044 1. Loans & Advances 2,219,748,693

699,604,606 2. Overdraft 1,148,978,853

290,360,349 B. Investment 397,084,682

269,187,210 1. Government Securities 330,919,336

201,593,273 a. Treasury Bills 196,229,124

67,593,937 b. Development Bonds 134,690,212

- c. National Saving Certificates -

17,857,386 2. Foreign Securities 11,720,821

5,275,718 a. Development Bank of Singapore Bond 313,224

12,581,668 b. ICICI Bank Bond 11,407,597

- 3. Nepal Rastra Bank Bonds -

- 4. Debenture & Bonds -

- a. Bank/Financial Institutions -

- b. Other Organizations -

3,315,753 5. Interbank Investment 54,444,525

3,315,753 a. Bank/Financial Institutions 54,444,525

- b. Other Organizations -

900,164 C. Agency Balances 60,792

- 1. Local Banks/Financial Institutions -

900,164 2. Foreign Banks 60,792

16,659,695 D. Money at Call and Short Notice 40,774,139

1,682,210 1. Local Banks/Financial Institutions 37,713,545

14,977,485 2. Foreign Banks 3,060,594

307,919,338 E. Others 241,078,498

- 1. Certificate of Deposits -

- 2. Inter-Bank/Financial Institutions Loan -

233,193,974 3. FCY Placements 221,577,581

74,725,364 4. Staff Loan 19,500,917

2,798,486,196 Total 4,047,725,656

Schedule 18

Nabil Bank LimitedI