REPORT 2018

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BALANCE SHEET REPORT AS ON 31/03/2018

Liability Total
PAID UP SHARE CAPITAL
REGULAR SHARE CAPITAL 11,05,500.00
ASSOCIATE SHARE 8,900.00
NOMINAL SHARE 16,690.00
Grand Total 11,31,090.00
RESERVES AND OTHERS
RESERVED FUND 3,89,737.00
FEDERAL CO OP EDUCATION FUND 384
UNEXPECTED LOSS & CONTINGENCY FUND 3,11,789.00
COMMON WELFARE FUND 77,947.50
BUILDING FUND 3,89,737.00
STAFF WELFARE FUND 54,386.17
DHARMATHA FUND 2,813.71
MEMBER DEATH FUND 19,600.00
ADVERTISMENT FUND 24,500.00
Grand Total 12,70,894.38
SHORT TERM DEPOSITS
SAVING BANK ACCOUNT 25,19,190.76
CURRENT ACCOUNT 46,694.00
25,65,884.76 1,47,659.00
TIME DEPOSISTS
FIXED DEPOSIT 4,59,35,880.00
RECURRING DEPOSIT 6,43,250.00
PIGMY REGISTER A/C 51,89,049.00
STAFF SECURITY DEPOSIT 60,000.00
DOUBLE DEPOSIT 2,72,000.00
Grand Total 5,21,00,179.00
OTHER LIABILITIES
AUDIT FEES PAYABLE 28,750.00
STAFF BONUS 2,000.00
DIVIDEND PAYABLE 2,891.00
IT RETURN FEES PAYABLE 3,540.00
Grand Total 37,181.00
PROVISION FOR INTEREST PAYABLE
INTEREST PAYABLE ON FD 21,73,855.00
INTEREST PAYABLE ON RD 58,928.00
Grand Total 22,32,783.00
LOAN ON INVESTMENTS
SOD @ LAKSHMI VILAS BANK 3,908.00
Grand Total 3,908.00
EXCESS OF INCOME OVER EXPENDITURE 18,11,242.36
Grand Total 6,11,45,346.50
Asset Total
CASH IN HAND
CASH ON HAND 3,20,290.00
Grand Total 3,20,290.00
BALANCE WITH BANKS
LAKSHMIVILAS BANK CURRENT 15,80,214.59
VEERAPULIKESHI CO-OP BANK 1,70,048.00
SB WITH KCC BANK 8,739.00
IDBI BANK CURRENT ACCOUNT 36,623.00
SBI CURRENT ACCOUNT 20,59,188.22
Grand Total 38,54,812.81
INVESTMENT
FD @ LVB 83,40,293.44
RESERVED FUND FD@LVB 12,70,509.43
Grand Total 96,10,802.87
SECURED LOANS
VEHICLE LOAN 10,05,598.00
GOLD PLEDGE LOAN 1,43,122.00
MORTGAUGE LOAN 88,51,808.00
CASH CREDIT LOAN 5,94,657.00
LOAN ON FIXED DEPOSITS 23,39,112.00
SOD LOAN A/C 1,58,24,547.44
HOME LOAN 1,41,99,133.00
Grand Total 4,29,57,977.44
UNSECURED LOANS
PERSONAL LOAN 37,07,721.00
BUSINESS LOAN 2,81,885.00
Grand Total 39,89,606.00
MOVABLE ASSETS
FURNITURE AND FIXTURES 2,97,032.76
COMPUTERS 24,735.82
PIGMY SOFTWARE A/C 12,021.60
UNIFY BANKING SOFTWARE A/C 22,015.20
INVERTER AND BATTERY 3,672.00
NOTE COUNTER & DETECTOR 5,780.00
CC TV ACCOUNT 7,800.00
PIGMY HHT MACHINES 37,400.00
Grand Total 4,10,457.38
SUNDRY ADVANCES
TELEPHONE ADAVANCE 1,400.00
Grand Total 1,400.00
EXCESS OF EXPENDITURE OVER INCOME 0
Grand Total 6,11,45,346.50

PROFIT AND LOSS REPORT FROM 01/04/2017 TO 31/03/2018

Expenditure Amount
ADMINISTRATIVE EXPENSES
HOUSE KEEPING EXPENSES 18,000.00
INTEREST PAID ON DEPOSITS 40,20,553.00
Total 40,38,553.00
STAFF EXPENSES
STAFF SALARY 6,24,115.00
Total 6,24,115.00
ADMINISTRATIVE EXPENSES
INTEREST ON RECURRING 57,872.00
OTHER EXPENSES 49,548.00
COMPUTER MAINTENANCE EXP 23,511.00
PRINTING AND STATIONARY 24,931.00
PIGMY COMMISSION PAID 2,44,748.18
ELECTRICITY CHARGE 13,771.00
OFFICE RENT 72,000.00
TELEPHONE,MOBILE AND INTERNET 19,703.00
INTEREST PAID ON SB ACCOUNTS 81,766.00
INTEREST ON PIGMY DEPOSITS 1,19,311.00
AUDIT FEE ACCOUNT 28,750.00
Total 7,35,911.18
PROVISIONS AND DEPRECIATION 0.00
DEPRECIATION 87,453.39
Total 87,453.39
ADMINISTRATIVE EXPENSES 0.00
AGM EXPENSES A/C 48,840.00
BANK INTEREST & CHARGES A/C 18,705.00
I T RETURN FEES A/C 3,540.00
DIRECTOR SITTING FEES 1,32,000.00
Total 2,03,085.00
EXCESS OF INCOME OVER EXPENDITURE 1811242.36
Grand Total 7500359.93
INCOME Amount
SUNDRY INCOMES
PIGMY PRE CLOSURE CHARGES 10,920.00
DD & NEFT CHARGES A/C 8,047.00
PIGMY COMMISSION RECEIVED 5,278.00
OTHER INCOME 1,417.00
LOAN PROCESSING FESS 1,49,700.00
CHECK BOOK CHARGES 300
INTEREST EARNED ON 6,15,026.99
SHARE FEES 6,750.00
APPLICATION FORM CHARGES 6,750.00
Total 8,04,188.99
INTEREST ON LOANS 0.00
PENAL INTEREST 34,426.00
INTEREST ON HOME LOAN 20,08,394.00
NAGAR YESHASWINI 140
INT RCVD ON VEHICLE LOAN 2,08,235.00
INT RCVD ON BUSINESS LOAN 63,587.00
INT RCVD ON MORTGAGE LOAN 12,30,461.50
INT RCVD ON CASH CREDIT 96,172.00
INT RCVD ON PERSONAL LOAN 7,01,000.00
INT RCVD ON GOLD LOAN 19,296.00
INT RCVD ON FD LOAN 3,89,971.00
INT RCVD ON SOD 19,44,488.44
Total 66,96,170.94
EXCESS OF EXPENDITURE OVER INCOME 100206.02
Grand Total 7500359.93