THE LIC EMPLOYEE CO-OPERATIVE BANK LIMITEDFINANCIAL-STATUS 2024-25
| FINANCIAL-STATUS | |||||
|---|---|---|---|---|---|
| Figures for 2023-24 | Expenditure | Figures for 2024-25 | Figures for 2023-24 | Income | Figures for 2024-25 |
| 105,105,313.10 | To Interest on Deposits | 126,011,855.00 | 104,496,439.00 | By Interest Received on Loans | 126,335,230.00 |
| 13,826,699.00 | Staff Cost : Salaries & Allowances | 13,854,108.00 | 49,198,543.85 | Interest on Investments | 57,444,654.72 |
| 223,791.00 | Director's Fees, allowances & expenses | 131,243.00 | 0.00 | Commission, Exchange and Brokerage | 0.00 |
| 2,673,426.00 | RENT, TAXES, INSURANCE & LIGHTING ETC. | 3,080,807.00 | 6,552,499.50 | Other Income | 3,709,134.49 |
| 35,000.00 | Law Charges | 60,000.00 | |||
| 475,671.07 | POSTAGE, TELEPHONE & TELEGRAPHS | 472,663.00 | |||
| 687,500.00 | Auditors' Fee | 598,500.00 | |||
| 8,610,560.93 | Repairs & Depreciation to Property | 7,663,415.38 | |||
| 586,340.14 | Stationery, Printing & Advt. | 326,023.65 | |||
| 3,006,322.74 | Other Expenditure | 4,358,566.05 | |||
| 101,000.00 | Premium on Govt. Securities | 45,444.00 | |||
| 596,649.00 | PROVISIONS & CONTINGENCIES | 979,131.00 | |||
| 24,319,209.37 | Profit before Tax | 29,907,263.13 | |||
| 5,347,295.00 | Provision for Income Tax | 7,725,000.00 | |||
| 18,971,914.37 | Net Profit | 22,182,263.13 | |||
| 160,247,482.35 | Grand Total: | 187,489,019.21 | 160,247,482.35 | Grand Total: | 187,489,019.21 |
BALANCE SHEET AS ON 31ST MARCH, 2025
| FINANCIAL-STATUS | |||||
|---|---|---|---|---|---|
| Figures for 2023-24 | CAPITAL & LIABILITIES | Figures for 2024-25 | Figures for 2023-24 | PROPERTY AND ASSETS | Figures for 2024-25 |
| 1. SHARE CAPITAL : | 17,845,731.31 | 1. CASH & BANK BALANCES | 22,572,762.39 | ||
| 88,765,200.00 | Authorised Capital | 111,288,200.00 | |||
| Subscribed & Paid up Capital | 76,770,337.11 | 2. OTHER BANK BALANCES | 92,829,782.41 | ||
| 138,307,408.25 | 2. RESERVE FUND & OTHER RESERVE | 152,196,790.62 | 250,000,000.00 | 3. Deposit in Other Bank | 268,105,000.00 |
| 1,772,393,461.08 | 3. Deposits & Other Accounts | 2,065,517,686.46 | 4. MONEY AT CALL & Short Notice | 0.00 | |
| 4. Branch Adjustments : | 460,082,877.00 | 5. INVESTMENTS | 500,037,433.00 | ||
| 5. Overdue Interest Reserve | 1,150,607,440.00 | 6. ADVANCES | 1,39,51,78,839.00 | ||
| 6. PMC FD interest accrued | 7. Interest Receivable | ||||
| 3,614.00 | 7. Interest Payable | 0.00 | 69,616,198.58 | 8. Premises | 65,614,577.58 |
| 32,589,218.63 | 8. Other Liabilities | 21,689,136.80 | 6,666,142.75 | 9. Furniture and Fixtures | 5,394,124.75 |
| 9. Profit and Loss | 10. Plant & Machinery | ||||
| 18,971,914.37 | 2023-2024 <Net Profit> 2024-2025 | 22,182,263.13 | 2,490,215.00 | 11. Computer & accessories | 1,760,752.00 |
| 1705956.87 | 10. Contingent Liabilities (DEAF A/C) | 1714862.27 | 16951874.58 | 12. Other Assets | 21380805.88 |
| 1705956.87 | 13. Contingent Assets - Others A/c | 1714862.27 | |||
| 2052736773.20 | Grand Total: | 2374588939.28 | 2052736773.20 | Grand Total: | 2374588939.28 |