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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