Commercial Bank of Ethiopia

Director Talent Acquisition & Management

Salaries and Benefits expense budget for for (February 31,2023)
Particulars Feb-23 Plan Absoulte(3=1-2) %age(4=3/2*100)

1.Interest Expense
1.1. Savings

1.2. Fixed Deposits

1.3. Correspondents

1.4.On N/R Special FCY Account

1.5.To Special Loan Account

1.6.To NBE

1.7.Non Transferable Saving Account

1.8.Other Interest Expenses

Total Profit Paid to IFB Deposit

HIBA Expense

2.Employee Salaries & Benefits 1,192,769.10 - 1,192,769.10 #DIV/0!

2.1.Employee Salaries 656,253.71 - 656,253.71 #DIV/0!
2.1.1.Clerical Staff Salaries 656,253.71 656,253.71 #DIV/0!

2.1.2.Non-Clerical Staff Salaries - #DIV/0!

2.1.3.Clerical other Org. -

2.1.4.Non clerical other Org. -

2.2.Employees Benefits 71,984.09 - 71,984.09 #DIV/0!

2.2.1. Medical and Related -

2.2.2.Residential Rent -

2.2.3. Staff Insurance -

2.2.4.Pension Contribution (11%) 107,485.46 107,485.46 #DIV/0!

2.2.5.Uniforms -
2.3. Allowances 422,655.93 - 422,655.93 #DIV/0!

2.3.1.Acting Allowance 787.60 787.60

2.3.2.Cash Indemnity Allowance -

2.3.3.Disturbance Allowance -
2.3.4.Fuel Allowance 254,247.25 254,247.25 #DIV/0!

2.3.5.Housing Allowance 66,329.57 66,329.57 #DIV/0!

2.3.6.Living Allowance 98,438.07 98,438.07 #DIV/0!
2.3.7. Representation Allowance 4,428.64 4,428.64 #DIV/0!

2.3.8.Utility Allowance -

2.3.9.Trainer Allowance -

2.3.10.Verification Allowance -

2.3.11.Shifting Allowance -

2.3.12.Cash Office boy/girl Allowance -

2.3.13.Project Allowance -
2.4.Other Employees Benefits 41,875.37 - 41,875.37

2.4.1. OT-Clerical Staff 34,794.17 34,794.17

2.4.2. OT-Non-Clerical Staff 7,081.20 7,081.20

2.4.3. Accrued Leave Pay -

2.4.4. Bonus-Clerical Staff -

2.4.5. Bonus-Non-Clerical Staff -

2.4.6. Incentives-Clerical Staff -

2.4.7. Incentives-Non-Clerical Staff -

2.4.8. Cash Prize Scheme -

2.4.9. Drivers Bonus -

2.4.10. Funeral Expense -

2.4.11. Maternity Pay -

2.4.12. Retirement Award -

2.4.13. Service Pins -

2.4.14. Severance Pay -

2.4.15. Bonus - clerical others -

2.4.16. Bonus Non clerical others -

TOTAL INTEREST EXPENSE
AND EMPLOYEE SALARIES &
BENEFITS 1,192,769.10 - 1,192,769.10 #DIV/0!
pia
nagement
(February 31,2023)
Justification
 Commercial Bank of Ethiopia
Director Talent Acquisition & Management
2
Particulars Talent Acq.& Plan Absoulte(3=1-2)
Management
1. LOSS ON FX
1.1. AL Revaluation Loss
1.2. Spot Deal
1.3. Market Exchange Loss
2. GENERAL EXPENSE 1,192,769.10 - 1,192,769.10
2.1. Petrol and Lubricant 2,259.26 2,259.26
2.2 Perdiem and Travel 325.00 325.00
2.3. Stationery and Printing -
2.4. Telephone Expense -
2.5. Training and Education -
2.6. Transportation -
2.7. Advertisement and Publicity -
2.8. Software Amortization Expense -
2.9. Lease amortizaton expense -
2.10. Board Fee -
2.11. Branch Inauguration -
2.12. Business Income Tax -
2.13. Cheque Book Printing -
2.14. Cleaning Supplie 2,400.00 2,400.00
2.15. Consultation Fee -
2.16. Correspondent Banks' Charges -
2.17. Currency Transportation -

199,400.00
2.18. Donation and Contribution Expense 199,400.00
2.19. Depreciation Expense Office and -
Other equipment
2.19. Depreciation Expense Mot.Veh 24,772.19 24,772.19
2.19. Depreciation Expense Furniturew & 10,406.24
fiitings 10,406.24
2.19. Depreciation Expense Hardware and 4,742.21
accessories 4,742.21
2.20. Electronic Data Transfer Expen -
2.21. Entertainment Expense 1,283.98 1,283.98
2.22. External Audit -
2.23. Extraordinary Loss -
2.24. Generator Running Expense 1,819.79 1,819.79
2.25. Impairment Loss on Disc of Aqd -
2.26. Impairment Loss on Other Asset -
2.27. Insurance -
2.28. Legal -
 2.29. Loss on Disposal of Acqd Asst -
2.30. Land and Building Tax -
2.31. Loss on Disposal of Fixed Asst -
2.32. Maintenance and Repair Computer -
&accessory
2.33. Membership Fee -
2.34. Money Bags -
2.35. Maint.Mot Veh -

2.36. Municipal License & Sanitation -

2.37. Office Rent -

Outsourced service 22,037.48

2.38. Postage 351.00 351.00

2.39. Lease -

2.40. Revenue Stamp -

2.41. Sponsorship Expense -

2.42. CBE - Sport Association -

2.43. Banker's Canteen -

2.44. Subscription Fee -

2.45. Service for Core Banking -

2.46. Wages 800.00 800.00

2.47. Uncollectable Loans & Advance -

2.48. Uncollectable - Other Accounts -

2.49. Uncollectable - IFB Financing -

2.50. Utility expense 6,945.64 6,945.64

2.51. License Fees Temenos -
2.52. License Fees Magics -
2.53. License Fees Others -
2.54. CBE Day -
2.55. VISA Charge -
2.56. Payment Card Charge -
2.57. Performance Review Mgt Meeting -
2.58 Inventorable Non-Fixed Asset -
2.59. Miscellaneous Expense -
2.60. Loss on repossess Items -
2.61. Prize Linked Saving -
2.62. E - Payment Service Expense -
2.63. Promotion -
TOTAL GENERAL EXPENSE 277,542.79 - 277,542.79
ank of Ethiopia
isition & Management
2
%age(4=3/2*100) Justification

#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!

#DIV/0!

#DIV/0!

#DIV/0!

#DIV/0!
#DIV/0!

22,037.48

#DIV/0!

#DIV/0!

#DIV/0!

#DIV/0!

#DIV/0!

#DIV/0!

#DIV/0!
 Commercial Bank of Ethiopia
Director Talent Acquisition
Salaries and Benefits expense budget for 2020/21
Particulars Dire.TA Mgr TA Mr Erc Mgr ODD

1.Interest Expense
1.1. Savings
1.2. Fixed Deposits
1.3. Correspondents
1.4.On N/R Special FCY Account
1.5.To Special Loan Account
1.6.To NBE

1.7.Non Transferable Saving Account

1.8.Other Interest Expenses
Total Profit Paid to IFB Deposit
HIBA Expense

2.Employee Salaries &

Benefits
2.1.Employee Salaries 21,410.04 148,025.75 267,415.92 219,402.00
2.1.1.Clerical Staff Salaries 21,410.04 148,025.75 267,415.92 219,402.00
2.1.2.Non-Clerical Staff Salaries
2.2.Employees Benefits 2,355.10 17,860.70 27,634.07 24,134.22
2.2.4.Pension Contribution (11%) 2,355.10 17,860.70 27,634.07 24,134.22
2.2.5.Uniforms
2.3. Allowances 18,040.44 103,018.26 167,922.17 133,675.06
2.3.1.Acting Allowance - 1,025.53 237.93
2.3.2.Cash Indemnity Allowance
2.3.3.Disturbance Allowance
2.3.4.Fuel Allowance 11,828.96 65,028.65 98,470.07 78,919.57
2.3.5.Housing Allowance 2,999.98 14,285.74 29,043.80 20,000.05
2.3.6.Living Allowance 3,211.50 22,203.85 40,112.37 32,910.35
2.3.7. Representation Allowance 1,500.02 1,321.46 1,607.16
2.3.8.Utility Allowance
2.3.9.Trainer Allowance
2.3.10.Verification Allowance
2.3.11.Shifting Allowance

2.3.12.Cash Office boy/girl Allowance

2.3.13.Project Allowance
2.4.Other Employees Benefits
11,359.78 30,515.59 - -
2.4.1. OT-Clerical Staff 4,278.58 30,515.59
2.4.2. OT-Non-Clerical Staff 7,081.20
2.4.3. Accrued Leave Pay
2.4.4. Bonus-Clerical Staff
2.4.5. Bonus-Non-Clerical Staff
2.4.6. Incentives-Clerical Staff
2.4.7. Incentives-Non-Clerical Staff
2.4.8. Cash Prize Scheme
2.4.9. Drivers Bonus
2.4.10. Funeral Expense
2.4.11. Maternity Pay
2.4.12. Retirement Award
2.4.13. Service Pins
2.4.14. Severance Pay
2.4.15. Bonus - clerical others
2.4.16. Bonus Non clerical others

TOTAL INTEREST EXPENSE AND

EMPLOYEE SALARIES & BENEFITS 53,165.36 299,420.30 462,972.16 377,211.28
Ma.Ta.Ass Ma.TA/District Total

148,025.75 332,741.72 656,253.71

148,025.75 332,741.72 656,253.71
-
17,860.70 33,797.37 71,984.09
17,860.70 33,797.37 71,984.09
-
422,655.93
- 787.60
-
-
65,028.65 128,374.08 254,247.25
14,285.74 36,405.49 66,329.57
22,203.85 49,911.29 98,438.07
1,500.02 1,500.02 4,428.64
-
-
-
-

-
-
 41,875.37
30,515.59 6,795.80 34,794.17
7,081.20
-
-
-
-
-
-
-
-
-
-
-
-
-
-

299,420.30 589,525.77 1,192,769.10

 Particulars Dire.TA Mgr TA Mgr Erc Mgr ODD Ma.Ta.Ass

1. LOSS ON FX
1.1. AL Revaluation Loss
1.2. Spot Deal
1.3. Market Exchange Loss
2. GENERAL EXPENSE
2.1. Petrol and Lubricant 2,259.26 2,259.26
2.2 Perdiem and Travel 325 325.00
2.3. Stationery and Printing
2.4. Telephone Expense
2.5. Training and Education
2.6. Transportation

2.7. Advertisement and Publicity

2.8. Software Amortization

Expense

2.9. Lease amortizaton expense

2.10. Board Fee
2.11. Branch Inauguration
2.12. Business Income Tax
2.13. Cheque Book Printing
2.14. Cleaning Supplie 2,400.00
Outsourced service 22,037.48
2.15. Consultation Fee

2.16. Correspondent Banks'

Charges
2.17. Currency Transportation

2.18. Donation and Contribution

Expense 199,400.00
2.19. Depreciation Expense office
and other equipments

2.19. Depreciation Expense

Mot.Veh 24,772.19
2.19. Depreciation Expense
Furniturew & fiitings 9,619.45 786.79
2.19. Depreciation Expense
Hardware and accessories 3,985.53 756.68
2.20. Electronic Data Transfer
Expen
2.21. Entertainment Expense 1,283.98
2.22. External Audit
2.23. Extraordinary Loss

2.24. Generator Running Expense 1,819.79

2.25. Impairment Loss on Disc of
Aqd

2.26. Impairment Loss on Other

Asset
2.27. Insurance
2.28. Legal

2.29. Loss on Disposal of Acqd Asst

2.30. Land and Building Tax

2.31. Loss on Disposal of Fixed Asst

2.32. Maintenance and Repair

Computer &accessory

2.33. Maintenance and Repair Exp,

Premises
2.34. Membership Fee
2.35. Money Bags
2.36. Maint.Mot Veh /

2.37. Municipal License &

Sanitation
2.38. Office Rent
2.39. Postage 351.00
2.340. Lease
2.41. Revenue Stamp
2.41. Sponsorship Expense
2.42. CBE - Sport Association
2.42. Banker's Canteen
2.44. Subscription Fee
2.45. Service for Core Banking
2.43. Wages 800.00
2.47. Uncollectable Loans &
Advance

2.48. Uncollectable - Other

Accounts

2.49. Uncollectable - IFB

Financing
2.44. Utility expense 6,945.64
2.51. License Fees Temenos
2.52. License Fees Magics
2.53. License Fees Others
2.54. CBE Day
2.55. VISA Charge
2.56. Payment Card Charge

2.57. Performance Review Mgt

Meeting

2.58 Inventorable Non-Fixed Asset

2.45. Miscellaneous Expense
2.60. Loss on repossess Items
2.61. Prize Linked Saving

2.62. E - Payment Service Expense

2.63. Promotion
TOTAL GENERAL EXPENSE 273,415.06 2,584.26 786.79 756.68 2,584.26

456,863.98 892,581.70 ### ###

2,575,217.55 1,028,732.39 ### ###
- 2,118,353.57 - 136,150.69 - 84.30 -
Ma.TA/
Total
District

-
-
-
-
-
2,259.26
325.00
-
-
-
-

-
-
-
-
-
2,400.00
22,037.48
-

-
-

199,400.00

24,772.19

10,406.24

4,742.21

-
1,283.98
 -
-

1,819.79

-
-
-

-
-

-
-
-
-

-
-
351.00
-
-
-
-
-
-
-
800.00

-
6,945.64
-
-
 -
-
-
-

-
-
-
-

-
-
277,542.79

2,084,942.67
4,339,531.23
- 2,254,588.56