REPORT 2019

Home > Financials > REPORT 2019

Download Our 2019
Financial Brochure
from here

Submit Now

BALANCE SHEET REPORT AS ON 31/03/2019

Liability Total
PAID UP SHARE CAPITAL
REGULAR SHARE CAPITAL 11,91,000.00
ASSOCIATE SHARE 8,900.00
NOMINAL SHARE 17,090.00
Grand Total 12,16,990.00
RESERVES AND OTHERS
RESERVED FUND 8,42,547.59
FEDERAL CO OP EDUCATION FUND 384.84
UNEXPECTED LOSS & CONTINGENCY FUND 7,64,599.59
COMMON WELFARE FUND 1,68,509.61
BUILDING FUND 8,42,547.59
STAFF WELFARE FUND 1,44,948.28
DHARMATHA FUND 3,796.22
MEMBER DEATH FUND 55,824.84
ADVERTISMENT FUND 69,781.18
Grand Total 28,92,939.74
SHORT TERM DEPOSITS
SAVING BANK ACCOUNT 43,21,722.85
CURRENT ACCOUNT 94,568.00
Grand Total 44,16,290.85
TIME DEPOSISTS
FIXED DEPOSIT 4,92,76,466.00
RECURRING DEPOSIT 8,07,150.00
PIGMY REGISTER A/C 42,84,188.45
STAFF SECURITY DEPOSIT 50,000.00
DOUBLE DEPOSIT 2,70,000.00
Grand Total 5,46,87,804.45
OTHER LIABILITIES
AUDIT FEES PAYABLE 57,500.00
STAFF BONUS 48,000.00
DIVIDEND PAYABLE 4,871.00
IT RETURN FEES PAYABLE 3,540.00
INCENTIVE PAYABLE 5,490.00
Grand Total 1,19,401.00
PROVISION FOR INTEREST PAYABLE
INTEREST PAYABLE ON FD 26,63,456.00
INTEREST PAYABLE ON RD 86,285.00
INTEREST PAYABLE ON PIGMY 57,017.00
INTEREST PAYABLE ON DD 1,27,553.00
INTERST PAYABLE ON SS 13,555.00
Grand Total 29,47,866.00
LOAN ON INVESTMENTS
SOD @ LAKSHMI VILAS BANK 3,87,236.50
SOD @ SVPC BANK 68,65,817.00
Grand Total 72,53,053.50
PROFIT AND LOSS
PROFIT-20172018 0
EXCESS OF INCOME OVER EXPENDITURE 17,45,031.05
Grand Total 7,52,79,376.59
Asset Total
CASH IN HAND
CASH ON HAND 3,33,840.00
Grand Total 3,33,840.00
BALANCE WITH BANKS
LAKSHMIVILAS BANK CURRENT 60,104.66
VEERAPULIKESHI CO-OP BANK 1,646.00
SB WITH KCC BANK 9,041.00
IDBI BANK CURRENT ACCOUNT 99,318.60
SBI CURRENT ACCOUNT 63,776.72
Grand Total 2,33,886.98
INVESTMENTS
FD @ LVB 72,60,581.40
FD @ SVPC 1,32,24,151.00
RESERVED FUND FD@LVB 28,92,553.95
Grand Total 2,33,77,286.35
SECURED LOANS
VEHICLE LOAN 5,89,764.00
MORTGAUGE LOAN 1,35,37,657.00
CASH CREDIT LOAN 3,37,616.00
LOAN ON FIXED DEPOSITS 28,61,608.00
SOD LOAN A/C 1,25,85,003.00
GOLD PLEDGE LOAN 1,12,467.00
HOME LOAN 1,74,35,033.00
Grand Total 4,74,59,148.00
UNSECURED LOANS
PERSONAL LOAN 34,48,048.00
BUSINESS LOAN 33,188.00
Grand Total 34,81,236.00
MOVABLE ASSETS
FURNITURE AND FIXTURES 2,67,329.49
COMPUTERS 14,841.49
PIGMY SOFTWARE A/C 7,212.96
UNIFY BANKING SOFTWARE A/C 13,209.12
INVERTER AND BATTERY 2,203.20
NOTE COUNTER & DETECTOR 4,913.00
CC TV ACCOUNT 4,680.00
PIGMY HHT MACHINES 33,190.00
I POLL TECHNOLOGIES 45,000.00
Grand Total 3,92,579.26
SUNDRY ADVANCES
TELEPHONE ADAVANCE 1,400.00
Grand Total 1,400.00
EXCESS OF EXPENDITURE OVER INCOME 0
Grand Total 7,52,79,376.59

PROFIT AND LOSS REPORT FROM 01/04/2018 TO 31/03/2019

Expenditure Amount
ADMINISTRATRIVE EXPENSES
INT PAID ON SS 13,555.00
LOCKER RENT A/C 1,770.00
SMS ALERT CHARGES 5,000.00
INTEREST PAID ON DD 1,27,553.00
HOUSE KEEPING EXPENSES 13,640.00
KSSFCL ANNUL FEE A/C 15,000.00
INTEREST ON PIGMY DEPOSITS 1,34,015.00
ELECTRICITY CHARGE 15,689.00
AGM EXPENSES A/C 6,461.00
INTEREST ON RECURRING 57,452.00
PIGMY COMMISSION PAID 2,10,439.59
PRINITING AND STATIONARY 38,408.00
Total 1,33,311.00
PROVISIONS AND DEPRECIATION
DEPRECIATION 94,278.12
Total 94,278.12
ADMINISTRATRIVE EXPENSES
TELEPHONE,MOBILE AND INTERNET 13,104.00
PREMISES & CASH INSURANCE 9,767.00
AUDIT FEE ACCOUNT 28,750.00
INCENTIVE PAID 5,490.00
OFFICE RENT 76,200.00
Total 65,000.00
STAFF EXPENSES
STAFF BONUS PAID 85,000.00
STAFF SALARY 6,73,294.00
Total 7,58,294.00
ADMINISTRATRIVE EXPENSES
DIRECTOR SITTING FEES 1,32,000.00
INTEREST PAID ON DEPOSITS 46,97,125.45
COMPUTER MAINTAINANCE EXP 2,000.00
BANK INTEREST & CHARGES A/C 1,23,755.40
OTHER EXPENCES 49,818.00
PROFESSIONAL TAX 2,500.00
TDS ON DEPOSITS WITH BANK@LVB 421
INTEREST PAID ON SB ACCOUNTS 99,098.00
Total 5117217.85
EXCESS OF INCOME OVER EXPENDITURE 1745031.05
Grand Total 8487114.61
INCOME Amount
SUNDRY INCOMES
LOAN PRE-CLOSURE CHARGES 1,000.00
LOAN RECOVERY CHARGES 200
DD & NEFT CHARGES A/C 7,367.00
LOAN PROCESSING FESS 1,80,650.00
CHECK BOOK CHARGES 250
LATE FEES FOR LOANS 500
PIGMY COMMISSION RECEIVED 23,302.50
SHARE FEES 4,810.00
OTHER INCOME 9,966.00
INTEREST EARNED ON 13,54,311.11
Total 15,87,166.61
INTEREST ON LOANS
PENAL INTEREST 1,18,993.00
INTEREST ON HOME LOAN 21,53,912.00
INT RCVD ON VEHICLE LOAN 1,37,593.00
INT RCVD ON BUSINES LOAN 18,094.00
INT RCVD ON MORTGAUGE LOAN 13,65,184.00
INT RCVD ON CASH CREDIT 63,480.00
INT RCVD ON PERSONAL LOAN 5,99,308.00
INT RCVD ON GOLD LOAN 14,053.00
INT RCVD ON PIGMY LOAN 35
INT RCVD ON FD LOAN 2,33,469.00
INT RCVD ON SOD 21,95,827.00
Total 68,99,948.00
EXCESS OF EXPENDITURE OVER INCOME 0
Grand Total 8487114.61