Balanance Sheet
| UTKAL GRAMEEN BANK ( Sponsored by State Bank of India) HEAD OFFICE,Doorsanchar Bhawan,Bolangir,PO/Dist- Bolangir,PIN-767001 AUDITED FINANCIAL RESULTS FOR THE YEAR 2021-22 BALANCE SHEET AS ON 31/03/2022 | |||
| (Rs. In thousand) | |||
| CAPITAL & LIABILITIES | Schedule | As on 31.03.2022(Current Year) | As on 31.03.2021(Previous Year) |
| Capital | 1 | 9703731 | 9703731 |
| Perpetual Bond | 1(A) | 81383 | 81383 |
| Share Capital Deposit | |||
| 1(B) | 4783185 | 0 | |
| Reserves & Surplus | |||
| 2 | NIL | ||
| Deposits | 3 | 76430695.25 | 74872500 |
| Borrowings | 4 | 4465920 | 3530296 |
| Other Liabilities & Provisions | |||
| 5 | 4256983 | 3684777 | |
| TOTAL | 99721897.25 | 91872687 | |
| ASSETS | |||
| Cash and Balances | 6 | 3591497 | 3091187 |
| with Reserve Bank of India | |||
| Balances with Banks and Money at Call and Short Notice | |||
| 7 | 7157395 | 6272909 | |
| Investments | 8 | 47126086 | 41954003 |
| Loans & Advances | 9 | 26460524 | 24185410 |
| Fixed Assets | 10 | 49332 | 61017 |
| Other Assets | 11 | 15337063 | 16308161 |
| TOTAL | 99721897 | 91872687 | |
| Contingent Liabilities | |||
| 12 | 547214 | 541701 | |
| Bills for Collection | NIL | NIL | |
| Principal Accounting Policies and Notes | |||
| on Accounts | |||
| 17 & 18 | |||
| PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31st March, 2022 | |||
| As on 31.03.2022(Current Year) | |||
| As on 31.03.2021( | |||
| Schedule | Previous Year) | ||
| I. INCOME | |||
| Interest earned | 13 | 6304886 | 4746110 |
| Other income | 14 | 917094 | 709910 |
| TOTAL | 7221980 | 5456020 | |
| II. EXPENDITURE | |||
| Interest expended | 15 | 3204030 | 3198963 |
| Operating expenses | |||
| 16(A) | 1817196 | 1605867 | |
| Provisions & contingencies | |||
| 16(B) | 2177342 | 4767469 | |
| TOTAL | 7198568 | 9572299 | |
| III. PROFIT & LOSS | |||
| Profit before tax | 23412 | -4116279 | |
| Less : Tax Provision | |||
| Provision for Income Tax For the Financial Year | |||
| 4820 | NIL | ||
| Provision to Tax Credit Entitlement | |||
| (-)4820 | NIL | ||
| Profit after Tax | 23412 | -4116279 | |
| Loss brought forward | |||
| ( * ) | -13750947 | -9634668 | |
| TOTAL | -13727535 | -13750947 | |
| Balance carried over to Balance Sheet | |||
| -13727535 | -13750947 | ||
| TOTAL | -13727535 | -13750947 | |