REPORT 2017

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BALANCE SHEET REPORT AS ON 31/03/2017

Liability Total
PAID UP SHARE CAPITAL
REGULAR SHARE CAPITAL 10,72,290.00
NOMINAL SHARE 19,484.00
Grand Total 10,91,774.00
RESERVES AND OTHERS
RESERVED FUND 1,44,739.00
UNEXPECTED LOSS & CONTINGENCY FUND 1,15,791.00
COMMON WELFARE FUND 28,948.00
BUILDING FUND 1,44,739.00
STAFF WELFARE FUND 5,386.95
Grand Total 4,39,603.95
SHORT TERM DEPOSITS
SAVING BANK ACCOUNT 25,51,146.53
CURRENT ACCOUNT 1,04,999.00
Grand Total 26,56,145.53
TIME DEPOSISTS
FIXED DEPOSIT 4,62,99,726.00
RECURRING DEPOSIT 1,92,300.00
PIGMY REGISTER A/C 46,25,325.00
STAFF SECURITY DEPOSIT 44,000.00
Grand Total 5,11,61,351.00
OTHER LIABILITIES
AUDIT FEES PAYABLE 28,750.00
STAFF BONUS 44,000.00
IT RETURN FEES PAYABLE 6,900.00
Grand Total 79,650.00
PROVISION FOR INTEREST PAYABLE
INTEREST PAYABLE ON FD 25,66,599.00
INTEREST PAYABLE ON RD 9,078.00
Grand Total 25,75,677.00
LOAN ON INVESTMENTS
SOD @ LAKSHMI VILAS BANK 13,43,798.00
Grand Total 13,43,798.00
EXCESS OF INCOME OVER EXPENDITURE 9,79,992.43
Grand Total 60327991.91
Asset Total
CASH IN HAND
CASH ON HAND 5,83,632.00
Grand Total 5,83,632.00
BALANCE WITH BANKS
LAKSHMIVILAS BANK CURRENT 54,54,169.56
VEERAPULIKESHI CO-OP BANK 40,34,250.00
SB WITH KCC BANK 8,449.00
IDBI BANK CURRENT ACCOUNT 22,007.00
SBI CURRENT ACCOUNT 36,458.22
Grand Total 95,55,333.78
INVESTMENT IN OTHER DEPOSIT
LIC NOMURA MF INVESTMENTS 29,257.21
Grand Total 2,580.9816,80,115.86
INVESTMENTS
FD @ LVB 16,50,858.65
SECURED LOANS
VEHICLE LOAN 12,67,173.00
MORTGAUGE LOAN 61,17,068.50
CASH CREDIT LOAN 4,02,423.00
LOAN ON FIXED DEPOSITS 36,51,659.00
HOME LOAN 1,34,96,952.00
SOD LOAN A/C 1,83,65,647.00
Grand Total 4,33,00,922.50
UNSECURED LOANS
PERSONAL LOAN 37,78,936.00
BUSINESS LOAN 4,91,270.00
Grand Total 42,70,206.00
MOVABLE ASSETS
ss 4,38,471.00
FURNITURE AND FIXTURES 3,30,036.40
COMPUTERS 41,226.37
PIGMY SOFTWARE A/C 20,036.00
UNIFY BANKING SOFTWARE A/C 36,692.00
INVERTER AND BATTERY 6,120.00
NOTE COUNTER & DETECTOR 6,800.00
CC TV ACCOUNT 13,000.00
PIGMY HHT MACHINES 44,000.00
Grand Total 9,36,381.77
SUNDRY ADVANCES
TELEPHONE ADAVANCE 1,400.00
Grand Total 1,400.00
EXCESS OF EXPENDITURE OVER INCOME 0
Grand Total 6,03,27,991.91

PROFIT AND LOSS REPORT FROM 01/04/2016 TO 31/03/2017

Expenditure Amount
ADMINISTRATIVE EXPENSES
INTEREST PAID ON DEPOSITS 46,77,657.00
Total 46,77,657.00
STAFF EXPENSES
STAFF SALARY 4,96,800.00
Total 4,96,800.00
ADMINISTRATIVE EXPENSES
INTEREST ON RECURRING 2,485.01,879.00
OTHER EXPENSES 82,067.11
COMPUTER MAINTENANCE EXP 12,250.00
PRINTING AND STATIONARY 42,459.00
PIGMY COMMISSION PAID 2,26,956.00
ELECTRICITY CHARGE 12,627.00
OFFICE RENT 72,000.00
TELEPHONE,MOBILE AND INTERNET 15,007.00
INTEREST ON PIGMY DEPOSITS 34,954.00
INTEREST PAID ON SB ACCOUNTS 54,562.00
PROFESSIONAL TAX 1,500.00
AUDIT FEE ACCOUNT 28,750.00
Total 5,85,011.11
PROVISIONS AND DEPRECIATION 1,45,497.87
DEPRECIATION
Total 1,45,497.87
ADMINISTRATRIVE EXPENSES
AGM EXPENSES A/C 23,130.00
BANK INTEREST & CHARGES A/C 8,964.25
Total 32,094.25
STAFF EXPENSES
STAFF BONUS PAID 44,000.00
Total 44,000.00
ADMINISTRATRIVE EXPENSES
I T RETURN FEES A/C 6,900.00
DIRECTOR SITTING FEES 1,32,000.00
Total 1,38,900.00
EXCESS OF INCOME OVER EXPENDITURE 979992.43
Grand Total 7099952.66
INCOME Amount
SUNDRY INCOMES
SHARE FEES 10,175.00
APPLICATION FORM CHARGES 10,175.00
Total 20,350.00
INTEREST ON LOANS
INT RECEIVED ON LOANS
Total 62,22,492.00
SUNDRY INCOMES
OTHER INCOME 10,706.00
LOAN PROCESSING FESS 2,69,420.00
PIGMY PRE CLOSURE CHARGES 4,474.00
CHECK BOOK CHARGES 200
INTEREST EARNED ON 5,47,906.66
DD & NEFT CHARGES A/C 2,444.00
Total 8,35,150.66
INTEREST ON LOANS 0.00
INTEREST ON HOME LOAN 21,960.00
Total 21,960.00
EXCESS OF EXPENDITURE OVER INCOME 0
Grand Total 7099952.66