About Us · Branches · Products · Awards · Balance Sheet · Contact Us
  home > Balance Sheet 2007-08

PALLAVAN GRAMA BANK
BALANCE SHEET AS AT MARCH 31, 2010
(Rs.in '000s)
Schedule As at As at
March 31, 2010 March 31, 2009
LIABILITIES
Capital 1A 20,000 20,000
Share Capital Deposit 1B 45,578 45,578
Reserves and Surplus 2 727,179 627,737
Deposits 3 5,287,664 4,325,077
Borrowings 4 1,868,941 1,154,319
Other Liabilities and Provisions 5 268,875 310,032
Total 8,218,237 6,482,743
ASSETS
Cash and Balances with Reserve Bank of India 6 343,402 257,478
Balances with Banks and Money at Call and Short Notice 7 367,050 412,422
Investments 8 1,190,600 949,348
Advances 9 6,085,931 4,708,790
Fixed Assets 10 73,873 28,590
Other Assets 11 157,381 126,115
Total 8,218,237 6,482,743
Contingent Liabilities 12 2,359 4,077
Bills for Collection 14,620 25,630
Notes on accounts 17
Significant Accounting Policies 18
Schedules referred to above form an integral part of the accounts
For and on behalf of the Board of Directors This is the Balance sheet referred to in
Sd.xxxxxx our report of even date
Board of Directors
Shri.K.Jeyabal, Chairman for Chinnasamy Ganesan and Co.,
Shri.Selvam Veeraraghavan, Indian Bank Nominee Firm Registration No.000643S
Shri.G.Manoharan, Indian Bank Nominee Chartered Accountants
Smt.Chandini Moolchandani, RBI Nominee
Smt.P.Manimekalai, NABARD Nominee Sd.xxxxxx
Shri.A.Venkataraman, GOI Nominee (Krishnaveni Ganeshan)
Shri.T.Ekamba Vanan, GOI Nominee Partner
Membership No.203809
Place : Salem
Dated : April 20, 2010
PALLAVAN GRAMA BANK
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2010
(Rs.in '000s)
Schedule For the For the
year ended year ended
March 31, 2010 March 31, 2009
INCOME
Interest Earned 13 667,711 454,466
Other Income 14 47,883 45,589
Total 715,594 500,055
EXPENDITURE
Interest expended 15 386,498 254,411
Operating Expenses 16 144,578 101,700
Provisions and Contingencies (Net) 85,076 54,688
Total 616,152 410,799
PROFIT
Net profit for the year 99,442 89,256
Profit brought forward 502,105 430,700
Total 601,547 519,956
APPROPRIATIONS
Transfer to Statutory Reserves 19,888 17,851
Balance carried over to Balance Sheet 581,659 502,105
Total 601,547 519,956
Earnings per Share -Rs. (Refer Note 8 (e) on Schedule 17)
Basic 497 446
Diluted 152 136
Notes on accounts 17
Significant Accounting Policies 18
Schedules referred to above form an integral part of the accounts
For and on behalf of the Board of Directors This is the Profit and Loss Account referred to in
Sd.xxxxxx our report of even date
Board of Directors
Shri.K.Jeyabal, Chairman for Chinnasamy Ganesan and Co.,
Shri.Selvam Veeraraghavan, Indian Bank Nominee Firm Registration No.000643S
Shri.G.Manoharan, Indian Bank Nominee Chartered Accountants
Smt.Chandini Moolchandani, RBI Nominee
Smt.P.Manimekalai, NABARD Nominee Sd.xxxxxx
Shri.A.Venkataraman, GOI Nominee (Krishnaveni Ganeshan)
Shri.T.Ekamba Vanan, GOI Nominee Partner
Membership No.203809
Place : Salem
Dated : April 20, 2010