SARALA DEVELOPMENT & MICROFINANCE PRIVATE LIMITED

CIN: U65910WB1992PTC055152
Provisional Balance Sheet as at …

As at As at As at As at
Feb 28, 2023 Feb 28, 2022 Sep 30, 2022 Mar 31, 2022
Particulars Notes

Unaudited Unaudited Audited Audited

(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)
I. Equity and liabilities

Shareholders' funds
Share capital 3 144,009.36 144,009.36 144,009.36 144,009.36
Reserves and surplus 4 293,732.39 316,405.40 313,282.46 300,955.23
437,741.75 460,414.76 457,291.82 444,964.59
Non-current liabilities
Long-term borrowings 5 376,013.67 591,664.69 404,823.09 580,647.92
376,013.67 591,664.69 404,823.09 580,647.92
Current liabilities
Short-term borrowings 7 255,582.68 582,357.14 416,410.23 550,186.64
Other current liabilities 8 27,856.39 17,312.68 41,051.39 60,220.92
Short-term provisions 6 131,731.19 122,736.76 106,163.50 111,798.72
415,170.26 722,406.58 563,625.12 722,206.28

Total 1,228,925.69 1,774,486.03 1,425,740.02 1,747,818.78

II. Assets

Non-current assets

Property plant & equipment and Intangible assets

Property plant & equipment 9A 4,679.88 6,313.11 4,612.42 5,231.83
Intangible assets 9B 114.35 114.35 87.51 114.35
Deferred tax assets (net) 10 20,549.26 23,418.80 20,549.26 21,517.72
Long term loans and advances 11 639,727.44 394,921.84 671,641.23 482,205.55
Other non-current assets 12 78.44 70.86 3,296.63 2,781.63
665,149.37 424,838.96 700,187.05 511,851.07
Current assets
Cash and bank balances 13 114,700.57 172,376.16 126,201.16 157,106.99
Short-term loans and advances 11 365,031.90 1,132,925.30 564,213.67 1,058,686.86
Other current assets 12 84,043.85 44,345.61 35,138.14 20,173.87
563,776.32 1,349,647.07 725,552.97 1,235,967.71

Total 1,228,925.69 1,774,486.03 1,425,740.02 1,747,818.78

SARALA DEVELOPMENT & MICROFINANCE PRIVATE LIMITED
CIN:U65910WB1992PTC055152
Statement of Profit and Loss for the period ended …

Comparative Half Year

Period ended Year ended
Period ended ended Sep 30,
Feb 28, 2023 Mar 31, 2022
Particulars Notes Feb 28, 2022 2022
Unaudited Unaudited Audited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)

I. Income
Revenue from operations 14 258,326.21 264,623.27 155,852.69 359,798.74
Other income 15 46,994.81 12,233.75 23,848.57 24,896.52

Total income 305,321.03 276,857.02 179,701.26 384,695.26

II. Expenses
Employee benefit expenses 16 79,143.50 81,270.47 45,061.80 96,735.61
Finance costs 17 93,256.30 127,960.99 57,068.35 140,007.15
Other expenses 18 35,625.76 30,296.33 20,678.31 37,306.84
Depreciation and amortization expenses 19 928.10 985.51 928.10 1,971.01
Provisions and write offs 20 108,546.31 10,296.88 42,669.01 96,176.86
Total expenses 317,499.97 250,810.17 166,405.57 372,197.48

Profit before Tax (12,178.95) 26,046.86 13,295.69 12,497.78

Tax expense
- Current tax - - -
- Deferred tax credit 968.46 1,901,087 968.46 3,802.17

Total tax expenses 968.46 1,901,087 968.46 3,802.17

Profit for the year (13,147.40) 24,145.77 12,327.24 8,695.60

Earning per equity share (EPS)

Basic and Diluted (Rs.) 21 -0.91 1.68 0.48 0.48
Nominal value of share (Rs.) 10.00 10.00 10.00 10.00
 SARALA DEVELOPMENT & MICROFINANCE PRIVATE LIMITED
Notes to the Financial Statements as at and for the year ended March 31, 2022

As at As at As at As at
Feb 28, 2023 Feb 28, 2022 Sep 30, 2022 Mar 31, 2022
3 Share capital
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)

Authorized Shares
15,000,000 equity shares of Rs.10/- each 150,000.00 150,000.00 150,000.00 150,000.00

5,000,000 redeemable preference shares of Rs.10/-each 50,000.00 50,000.00 50,000.00 50,000.00

200,000.00 200,000.00 200,000.00 200,000.00
Issued, subscribed and fully paid-up shares
14,400,936 equity shares of Rs.10/- each 144,009.36 144,009.36 144,009.36 144,009.36
Total issued, subscribed and fully paid-up share capital 144,009.36 144,009.36 144,009.36 144,009.36

As at As at As at As at
Feb 28, 2023 Feb 28, 2022 Sep 30, 2022 Mar 31, 2022
4 Reserves and surplus
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)

A. Securities premium account

Balance as at the beginning of the year 42,510.81 42,510.81 42,510.81 42,510.81
Add: Addition during the year - - - -

Balance as at the end of the year 42,510.81 42,510.81 42,510.81 42,510.81

B. Statutory reserve u/s 45-IC of Reserve Bank of India Act, 1934

Balance as at the beginning of the year 51,688.88 49,949.76 51,688.88 49,949.76
Add: Amount transferred from surplus balance in the statement of profit & loss during the year (2,629.48) - 2,465.45 1,739.12
Balance as at the end of the year 49,059.40 49,949.76 54,154.33 51,688.88

C. Surplus in the statement of profit and loss

Balance as at the beginning of the year 206,755.53 199,799.05 206,755.53 199,799.05
Profit for the year (13,147.40) 24,145.77 12,327.23 8,695.60
Less: Appropriations (5,924.56)
Transferred to Statutory reserve (2,629.48) - 2,465.45 1,739.12
Total Appropriations (8,554.04) 2,465.45 1,739.12
Net surplus in the statement of profit and loss 202,162.17 223,944.82 216,617.32 206,755.53

Total 293,732.39 316,405.40 313,282.46 300,955.23

 SARALA DEVELOPMENT & MICROFINANCE PRIVATE LIMITED
Notes to the Financial Statements as at and for the year ended March 31, 2022

As at As at As at As at
Long-term borrowings
Feb 28, 2023 Feb 28, 2022 Sep 30, 2022 Mar 31, 2022
5
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)

A. Term Borrowings
Secured*
- from banks 476,089.08 785,798.73 600,018.31 775,939.23
- from financial institutions 22,498.87 91,536.17 49,582.21 88,344.46
- from non banking financial companies 33,008.40 196,686.93 71,632.79 166,550.86

B. Unsecured
- from banks (subordinated) 100,000.00 100,000.00 100,000.00 100,000.00

Total 631,596.35 1,174,021.83 821,233.31 1,130,834.56

Current maturities of term borrowings
- from banks (210,967.94) (348,208.65) (295,195.23) (343,839.64)
- from financial institutions (16,769.03) (68,224.45) (49,582.21) (65,845.58)
- from non-banking finance companies (27,845.71) (165,924.04) (71,632.79) (140,501.42)
Amount disclosed under the head ''Short-term borrowings'' (Refer Note 7) (255,582.68) (582,357.14) (416,410.23) (550,186.64)
Total 376,013.67 591,664.69 404,823.09 580,647.92

*(i) Term loan from banks and others are secured by way of hypothecation of the outstanding loan portfolio, in addition to the fixed deposits being held as collateral security.
(ii) Term loans from banks are also guaranteed by promoter directors of the Company.
6 Provisions
As at As at As at As at
Feb 28, 2023 Feb 28, 2022 Sep 30, 2022 Mar 31, 2022
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)

A. Provision for portfolio loans

On standard assets 2,172.13 113,584.97 2,855.08 31,176.37
On non performing assets 108,659.67 - 74,922.22 50,541.93

110,831.81 113,584.97 77,777.31 81,718.30

B. Provision for employee benefits

Provision for gratuity (250.69) - (50.60) 1,381.75
Provision for leave 2,898.00 1,917.32 2,898.00 1,392.70
Provision for employee benefits payable (86.60) - 1,656.37 4,254.87
2,560.72 1,917.32 4,503.77 7,029.31

C. Others

Provision for Taxes - 7,234.47 18,378.34 6,315.84

Provision for managed portfolio loans 18,338.67 - 5,504.09 16,735.27
18,338.67 7,234.47 23,882.43 23,051.11

Total 131,731.19 122,736.76 106,163.50 111,798.72

As at As at As at As at
Feb 28, 2023 Feb 28, 2022 Sep 30, 2022 Mar 31, 2022
7 Short-term borrowings
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)
Secured
Cash Credit from a bank - - - -
Current maturities of term borrowings (Refer Note 5)
- from banks 210,967.94 348,208.65 295,195.23 343,839.64
- from financial institutions 16,769.03 68,224.45 49,582.21 65,845.58
- from non-banking finance companies 27,845.71 165,924.04 71,632.79 140,501.42

Total 255,582.68 582,357.14 416,410.23 550,186.64

As at As at As at As at
8 Other current liabilities Feb 28, 2023 Feb 28, 2022 Sep 30, 2022 Mar 31, 2022
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)

Interest accrued but not due on borrowings 428.10 - 853.71 555.00

Statutory dues payable 1,623.57 2,047.78 2,174.22 3,830.61
Payable towards Insurance premium and Commission on Cash collection 3,661.07 1,853.83 2,543.60 5,247.24
Payable to BankS/Partners against business correspondence arrangements * 16,604.68 - 29,280.23 42,181.02
Security deposits 3,320.98 4,530.54 4,058.72 4,488.54
Other payables 2,217.99 8,880.52 2,140.92 3,918.52

Total 27,856.39 17,312.68 41,051.39 60,220.92

* Payable to Banks/NBFCs against BC arrangement represents amount collected from customers for loans disbursed on behalf of Banks/NBFCs.

As at As at As at As at
Feb 28, 2023 Feb 28, 2022 Sep 30, 2022 Mar 31, 2022
10 Deferred tax assets/(Liabilities) (net)
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)

Deferred tax assets

Impact of provision for standard, non-performing assets, managed loans and other receivables 20,549.26 23,418.80 20,549.26 21,517.72
Net deferred tax assets 20,549.26 23,418.80 20,549.26 21,517.72
 SARALA DEVELOPMENT & MICROFINANCE PRIVATE LIMITED
Notes to the Financial Statements as at and for the year ended March 31, 2022

11 Loans and advances Non-Current Portion Current Portion

As at As at As at As at As at As at As at As at
(Unsecured, considered good unless stated otherwise)
Feb 28, 2023 Feb 28, 2022 Sep 30, 2022 Mar 31, 2022 Feb 28, 2023 Feb 28, 2022 Sep 30, 2022 Mar 31, 2022
Unaudited Unaudited Unaudited Audited Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)

A. Portfolio loans
Considered good 365,908.51 188,584.22 521,517.83 380,349.59 362,631.51 1,112,154.23 558,402.91 1,041,711.59
Considered doubtful 271,701.86 197,580.62 147,608.23 100,344.65 - - - -

637,610.37 386,164.85 669,126.06 480,694.23 362,631.51 1,112,154.23 558,402.91 1,041,711.59

B. Home repair loans

Considered good - - - - 1,276.30 2,441.91 401.72 452.59
Considered doubtful 641.80 - 1,791.51 641.80 - 1,306.34
641.80 - 1,791.51 641.80 1,276.30 2,441.91 401.72 1,758.93
C. Others
Prepaid expenses - - - - - 9.00 238.47 1,269.03
Loan to staff 1,472.16 2,066.06 696.29 457.90 1,069.10 786.79 1,939.31 994.09

Margin money with non-banking financial companies and financial institutions# - - - - - 17,313.75 2,500.00 10,713.75
Other receivables 3.11 6,690.93 27.37 411.61 55.00 219.62 731.26 2,239.48
1,475.27 8,756.99 723.66 869.51 1,124.10 18,329.15 5,409.04 15,216.35

Total 639,727.44 394,921.84 671,641.23 482,205.55 365,031.90 1,132,925.30 564,213.67 1,058,686.86

# Includes deposit certificates marked as lien towards term loans availed from financial institutions and non banking financial companies.

12 Other assets Non-Current Portion Current Portion

As at As at As at As at As at As at As at As at
(Unsecured, considered good unless stated otherwise)
Feb 28, 2023 Feb 28, 2022 Sep 30, 2022 Mar 31, 2022 Feb 28, 2023 Feb 28, 2022 Sep 30, 2022 Mar 31, 2022

Unaudited Unaudited Unaudited Audited Unaudited Unaudited Unaudited Audited

(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)

A. Security Deposit
Considered good 78.44 70.86 78.44 74.51 - - - -
78.44 70.86 78.44 74.51 - - - -
B. Others
Interest accrued on Portfolio Loan - - - - 24,500.00 3,917.66 26,162.83 9,539.07
Interest accrued on Home repair Loans - 19.06 101.78 19.06 24.53
Interest accrued but not due on deposits placed with banks and financial institutions 3,218.19 2,707.12 5,705.82 13,917.32 3,954.24 5,125.46
Service fee and other income receivable - - - - 44,504.87 30,742.62 3,806.57 5,055.34
Other assets - 9,314.09 (4,333.77) 1,195.46 429.47
- - 3,218.19 2,707.12 84,043.85 44,345.61 35,138.14 20,173.87

Total 78.44 70.86 3,296.63 2,781.63 84,043.85 44,345.61 35,138.14 20,173.87

13 As at As at As at As at
Cash and bank balances
Feb 28, 2023 Feb 28, 2022 Sep 30, 2022 Mar 31, 2022
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)
Cash and cash equivalents
Balances with banks
-on current accounts 5,557.70 15,686.73 4,462.21 6,485.60
- deposits with original maturity within 3 months -

Cash at Branches 1,779.50 558.07

Cash in hand Head Office 188.70 241.10 34.45 27.38

5,746.40 15,927.83 6,276.16 7,071.05

Other bank balances

Deposit with original maturity for more than 3 months but less than 12 months
42,515.16 61,047.92 20,425.00 42,112.83
(*) (^)

Margin money Deposit with original maturity for more than 12 months (*) (^) 66,439.01 95,400.41 99,500.00 107,923.11

108,954.17 156,448.34 119,925.00 150,035.94

Total 114,700.57 172,376.16 126,201.16 157,106.99

Note:

Comparative
Period ended Half Year ended Year ended Mar
14 Revenue from operations Period ended
Feb 28, 2023 Sep 30, 2022 31, 2022
Feb 28, 2022
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)
A. Interest income
Interest income on portfolio loans 200,378.11 219,985.02 125,165.58 305,173.79
Interest income on Home repair loans 209.84 257.59 143.64 211.50
Interest income on margin money deposits (*) 5,734.21 6,536.19 3,423.50 8,829.23
Interest Income on fixed deposits with banks and others - 289.39 - 289.39
B. Income from other financial services
Service fee and stationery income from business correspondence arrangements 43,261.96 23,113.50 21,074.51 26,328.88
Processing fee on portfolio loans 8,742.11 14,441.59 6,045.47 18,965.95

Total 258,326.21 264,623.27 155,852.69 359,798.74

 SARALA DEVELOPMENT & MICROFINANCE PRIVATE LIMITED
Notes to the Financial Statements as at and for the year ended March 31, 2022

* Includes interest on margin money deposits marked as lien towards term loans availed from banks and financial institutions and on deposits marked as cash collateral placed in connection with business correspondent
arrangements entered with a bank.

Comparative Half Year

Period ended Year ended
15 Other income Period ended ended Sep 30,
Feb 28, 2023 Mar 31, 2022
Feb 28, 2022 2022
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)

Other interest 1.51 0.44 1.51 1,528.44

Bad debt recovery 38,242.79 6,142.67 17,909.95 16,621.07
Net gain / loss on sale of investments 184.59 53.02 184.59 91.13
Miscellaneous income 8,565.92 6,037.62 5,752.52 6,655.87

Total 46,994.81 12,233.75 23,848.57 24,896.52

Comparative Half Year

Period ended Year ended
16 Employee benefit expenses Period ended ended Sep 30,
Feb 28, 2023 Mar 31, 2022
Feb 28, 2022 2022
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)

Salaries 65,927.02 66,165.33 34,465.74 78,755.43

Incentive & bonus 3,147.40 5,788.42 4,757.42 4,254.87
Contributions to provident fund and others (Refer Note - 25) 6,280.28 5,893.28 3,800.48 8,911.39
Staff welfare expenses 3,788.80 3,423.43 2,038.17 4,813.93

Total 79,143.50 81,270.47 45,061.80 96,735.61

Comparative Half Year

Period ended Year ended
17 Finance costs Period ended ended Sep 30,
Feb 28, 2023 Mar 31, 2022
Feb 28, 2022 2022
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)

Interest expense 91,749.32 122,690.80 56,033.81 134,202.83

Other borrowing costs* 1,506.98 5,270.19 1,034.53 5,804.32

Total 93,256.30 127,960.99 57,068.35 140,007.15

* Includes loan processing and arranger/facilitation fees `
Comparative Half Year
Period ended Year ended
18 Other expenses Period ended ended Sep 30,
Feb 28, 2023 Mar 31, 2022
Feb 28, 2022 2022
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)

Rent 9,645.79 9,284.15 5,319.36 10,473.57

Rates and taxes 1,337.38 1,354.89 792.49 1,742.94
Repairs & maintenance
- Office Equipment, Furniture 822.71 783.52 536.70 861.10
Office Expenses 1,358.18 1,258.06 848.17 1,468.30
Director sitting fees 652.50 417.50 270.00 537.50
Travelling and conveyance 6,358.12 4,516.87 3,659.11 5,370.14
Communication expenses 1,129.11 945.29 652.63 1,182.35
Printing & stationery 1,613.51 1,226.89 808.11 1,411.22
Legal and professional fees 5,468.51 3,692.94 3,028.60 4,504.72
Payment to auditors 200.00 211.00 200.00 811.00
Training & meeting expenses 830.28 453.76 368.80 523.38
Electricity Expenses 1,111.17 1,078.13 718.14 1,206.91
Bank charges 1,152.75 1,771.58 780.02 2,166.49
Insurance Premium 467.68 365.94 249.53 277.60
Corporate social responsibility expenses 1,122.74 1,311.00 822.74 1,311.00
Cash Collection Service 1,293.76 50.45 - -
Software Maintenance expenses 633.27 468.88 468.75 557.45
Miscellaneous expenses 428.30 1,105.47 1,155.17 2,901.17

Total 35,625.76 30,296.33 20,678.31 37,306.84

Comparative Half Year

Period ended Year ended
19 Depreciation and amortisation expense Period ended ended Sep 30,
Feb 28, 2023 Mar 31, 2022
Feb 28, 2022 2022
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)

Depreciation on tangible assets 901.27 960.53 901.27 1,921.05

Amortisation of intangible assets 26.84 24.98 26.84 49.96
928.10 985.51 928.10 1,971.01

Comparative Half Year

Period ended Year ended
20 Provisions and write offs Period ended ended Sep 30,
Feb 28, 2023 Mar 31, 2022
Feb 28, 2022 2022
Unaudited Unaudited Unaudited Audited
(Rs. in '000) (Rs. in '000) (Rs. in '000) (Rs. in '000)
A. Provisions
Provision against standard assets (29,004.24) - (28,321.19) (113,584.97)
Provision for non-performing assets 58,117.75 - 24,380.20 81,718.29
Provision for loss on managed portfolio 1,603.39 - 1,643.06 16,735.27
Provision for receivables (insurance claims) - - - 254.37
B. Write offs
Managed portfolio loans written off 7,477.62 1,591.75 6,099.28 80,538.46
Portfolio loan written-off 70,351.78 8,705.13 38,867.66 30,515.43
108,546.31 10,296.88 42,669.01 96,176.86
 SARALA DEVELOPMENT & MICROFINANCE PRIVATE LIMITED
Notes to the Financial Statements as at and for the year ended March 31, 2022

Half Year Comparative Increase/ Increase/

Period ended
Note Indirect Expenses Increase/Decrease ended Sep 30, Period ended (Decrease) over (Decrease) over
Feb 28, 2023
2022 Feb 28, 2022 Half year Comparative PY

Unaudited Unaudited Unaudited

% %
(Rs. in '000) (Rs. in '000) (Rs. in '000)
Insurance Premium Paid 467.68 249.53 365.94 2% Inc 28% Inc
Payment To Directors 652.50 270.00 417.50 32% Inc 56% Inc
Postage & Courier Charges 22.39 17.57 3.65 -30% Dec 513% Inc
Rates & Taxes 215.63 192.53 156.15 -39% Dec 38% Inc
Rent Paid For Office 9,645.79 5,319.36 9,284.15 -1% Dec 4% Inc
Repair & Maintenence 822.71 536.70 783.52 -16% Dec 5% Inc
Telephone & Postage 636.18 372.68 513.78 -7% Dec 24% Inc
Audit Fees 200.00 200.00 211.00 -45% Dec -5% Dec
Bank Charges 1,152.75 780.02 1,771.58 -19% Dec -35% Dec
Cash Collection Service 1,293.76 841.39 50.45 -16% Dec 2,464% Inc
Communication Expenses 470.54 279.95 427.85 -8% Dec 10% Inc
Computer Running Expenses 633.27 468.75 468.88 -26% Dec 35% Inc
Conveyance Expenses 3,878.91 2,451.79 2,600.49 -14% Dec 49% Inc
Electricity Charges 1,111.17 718.14 1,078.13 -16% Dec 3% Inc
Filing Fees 8.50 3.70 22.20 25% Inc -62% Dec
Gst - Paid 1,110.75 593.75 1,174.05 2% Inc -5% Dec
Legal Expenses 33.59 5.22 25.30 251% Inc 33% Inc
Membership Fees Paid 721.27 699.47 438.95 -44% Dec 64% Inc
Office Expenses 1,358.18 848.17 1,258.06 -13% Dec 8% Inc
Printing & Stationery Expenses 1,613.51 808.11 1,226.89 9% Inc 32% Inc
Professional Caharges 4,705.90 2,316.16 3,222.61 11% Inc 46% Inc
PROFESSIONAL TAX (COMPANY) 2.50 2.50 2.50 -45% Dec 0% Inc
Social Expenses 1,122.74 822.74 1,311.00 -26% Dec -14% Dec
Stamp Duty Charges 7.75 7.75 6.08 -45% Dec 27% Inc
Trainee Fees 12.00 12.00 - -45% Dec 0% Inc
Training & Meeting Expenses 652.60 356.80 453.76 -0% Dec 44% Inc
Travelling & Conveyance Expenses 2,479.20 1,207.31 1,916.39 12% Inc 29% Inc
Training Expenses 165.68 - - 0% Inc 0% Inc
- - 0% Inc 0% Inc
- - 0% Inc 0% Inc
- - 0% Inc 0% Inc
- - 0% Inc 0% Inc
- - 0% Inc 0% Inc
Miscellaneous Expenses 0% Inc 0% Inc
Abnormal Loss 15.30 15.30 - -45% Dec 0% Inc
Advertisement Expenses 2.55 1.70 3.71 -18% Dec -31% Dec
COMPENSATION TO DEATH BORROWER 73.23 49.19 141.28 -19% Dec -48% Dec
Donation & Subscription Expenses 90.02 49.34 68.52 -0% Dec 31% Inc
Miscellaneous Expenses 186.32 119.82 891.97 -15% Dec -79% Dec
Sundry Balance Written Off 60.88 60.88 - -45% Dec 0% Inc
- - 0% Inc 0% Inc
- - 0% Inc 0% Inc
- 0% Inc 0% Inc
- 0% Inc 0% Inc
- 0% Inc 0% Inc
- 0% Inc 0% Inc
- 0% Inc 0% Inc
- 0% Inc 0% Inc
- 0% Inc 0% Inc
Total 35,625.76 20,678.31 30,296.33 -6% Dec 18% Inc
Check 0.00 0.01 (0.00)
 Loan Loss Provision Long Term Short Term Total

Own Portfolio
Doubtfull Advances overdue Principal
More Than 180 Days 84,135,011 84,135,011
More than 90 Less Than 180 46,837,050 46,837,050
Standard 868,853,296 868,853,296
999,825,357
Provision on Doubtfull Advances
More Than 180 Days @ 100% 100.00% 84,135,011 84,135,011
More than 90 Less Than 180 @ 50.00% 23,418,525 23,418,525
Standard @ 0.25% 2,172,133 2,172,133
109,725,669 109,725,669

1% Minimum 9,998,254

Closing Provision 109,725,669 109,725,669

Non Qualifying Portfolio

Doubtfull Advances overdue Principal
Loss Assets - -
Doubtful 2,212,277 2,212,277
Substandard - -
2,212,277
Provision on Doubtfull Advances
Loss Assets Days @ 100.00% - -
Doubtful @ 50.00% 1,106,139 1,106,139
Substandard @ 10.00% - -
1,106,139 1,106,139

Closing Provision 1,106,139 1,106,139

Additional Provision on
Restructurred Portfolio
Doubtfull Advances overdue Principal
More Than 180 Days 100.00% - -
More than 90 Less Than 180 100.00% - -
Standard @ 1.00% - -

Provision on Doubtfull Advances

More Than 180 Days @ 100% 100.00% - -
More than 90 Less Than 180 @ 100.00% - -
Standard @ 0.00% - -
- -

Closing Provision own Portfolio 110,831,807 109,725,669

Break up & Reco

Gross Closing Provision Requirement 110,831,807 110,831,807
Gross Closing NPA Provision Requirement 108,659,674
Gross Closing Standard Provision 2,172,133
Less Opening 81,718,295 81,718,295
Less Opening NPA Provision 50,541,926
Less Opening Standard Provision 31,176,369

Charged During This Year 29,113,512 29,113,512

BC Portfolio
Doubtfull Advances overdue Principal
More Than 180 Days 17,266,932 17,266,932
More than 90 Less Than 180 2,143,471 2,143,471
Standard 466,127,624 466,127,624
485,538,027
Provision on Doubtfull Advances
More Than 180 Days @ 100% 100.00% 17,266,932 17,266,932
More than 90 Less Than 180 @ 50.00% 1,071,736 1,071,736
Standard @ 0.00% -
18,338,668 18,338,668

Closing Provision 18,338,668 18,338,668

Less Opening 16,735,275 16,735,275

Charged During This Year 1,603,393 1,603,393

Total Charge 30,716,905 30,716,905