Social Islami Bank: Condensed Consolidated Financial Statements - 30 June 2020

Transcription

1. ^l J SOCIAL ISLAMI BANKLIMITED AND ITS SUBSIDTARIES CONDENSED CONSOLIDATED BALANCE SHEET ( UN.AUDITED) AS AT 30 JUNE 2O2O Note(s) 30.06.2020 31.12.2019 Taka Taka PROPERTY AND ASSETS Cash in hand Cash in hand (Including foreign currenpies) Balance with Bangladesh Bank & its Agent Banks (Including foreign currencies) 3.1 2,949,359,808 3,1 I 8,559,045 3(a) 28,949,172,602 25,321,447,401 280440,006,446 3l Balance with other Banks and Financial Institutions 2,288,375,533 1, 084,292,499 3,372,668,032 4,717 ,328,699 In Bangladesh Outside Bangladesh 1,235,436,436 ,765,1 Placement with Banks & other X'inancial lnstitutions Investments in shares & securities 35 5,946,395,494 5 6,826,069,299 6(a) Government 1 Others 1,942,300,000 13,692,300,000 4,23 0,592,737 4,170,415,304 17,862,115,304 16,172,892,737 lnvestments t0 4(a) 7(a) General investment etc. Bills purchased and discounted X'ixed assets including premises, furnitures and fixtures 8(a) Other e(a) assets 263,946,033,231 12,601,097,091 25 1,238,985,230 2760541 263,468,589,649 ,130,322 12,229,604,119 3,589,722,935 3,613,716,895 21,285,613,280 18,143,066,838 Non Banking assets Total 357,964,526,349 assets 345,185,358,427 LIABILITIES AND CAPITAL Liabilities Placement from Banks & other X'inancial Institutions Deposits and other accounts 2,005,071,075 l0(a) 28,240,045,841 167,293,224,499 69,461,586,890 27,326,712,399 5,058,477,296 354,162,649 Mudaraba savings deposits Mudaraba term deposits Other mudaraba deposits Al-wadeeah current & other deposit accounts Bills payable Cash waqf fund 297,134,209,575 SIBL mudaraba subordinated bond Other Iiabilities Deffered tax liabilities/ (assets) Total liabilities 11 t2(a) 25,739,t79,658 165,681,514,476 64,112,318,321 25.608,301 ,7 19 5,982,863,785 342,710,31| 281,472,894,270 9,000,000,000 9,400,000,000 32,354,356,842 30,905,629,453 _____l_$q!qi{_ _}!l9l22J_ 340,205,497,849 3270813,228,650 Paid-up capital 8,933,4r 3,s60 8,933,413,-s60 Statutory reserye 6,623,135,293 6,422,261,269 Shareholders' equity General reserve Revaluation reserve on fixed assets Retained earnings Total shareholdersr equity Non controlling interest Total shareholders' equity with non controlling interest Total liabilities & shareholders' equity 1 9,834,935 9,843,356 931,379,261 931,379,261 ,26t ,263,644 17,759,026,693 1,015,230,5r7 17,312,127,963 1,807 I7,759,028,500 357 1 t7 4
2. D 30 .06.2020 31.12.2019 Taka Taka Off-balance Sheet Items CONTINGENT LTABILITI ES AccePtances and Endorsements Back to Back Bills) lrrevocable Letters of Credit (including l,etters of Guarantee Bills for Collection Other Contingent Liabilities 21 ,93 22,759,522,776 t5,252,386,540 1 ,66 1,800 15,775,047,149 11,322,618,116 4,565,448.355 13,038,084,3 85 4,s56,195,838 55,636,1 89,538 Total OTHER COMMITMENTS related transactions Documentary credits and short term trade placed deposits fo*u.a asrets pu.chased and forward facilities underwriting Undrarnn note issuance and revolving other and lines credit UnJtu*n formal standby facilities, commitments Total Total Off Balance Sheet Items including Contingent Liabilities --E5"63 6;mqFiE- Chief Financial <lR Dirdctoi --I5'g 4.5[mu Director & CEO
3. a SOCIAL ISLAMI BANK LIMITED AND ITS SUBSIDIARIES CoNDENSED CONSOLTDATED PROFTT AND LOSS ACCOUNT (UN-AUDTTED) FOR THE HALF YEAR ENDED 30 JUNE 2O2O Note(s) Inveslment income Less: I'roflt paid on deposits Net investment income lncome fiom investment in shares/securities Commission. Exchange and Brokerage Other operating incorne 3 (a) 20 Taka r 3,-532,690,31 4 April-June 20 Jan-June 19 Taka Jan-June 1 April-June 19 Taka Taka 2,969,698,335 6,492,267.769 8,898,306.043 4.988.32 I.275 6,60 I ,84 1,897 4.497.207.-586 86,05 1,400 182,246.632 I 5c) 293.832,132 381,225,401 55 184.924,171 25 1,04 I,76 4(a) t0,437,244.596 -s(a) 2 1 7,1 95,095 218.509.262 6(a) 616.432,6'79 R)0 555 7(a) 3 l 4,087,928 347 I 718 11 4,303,161,420 5,457,635,268 2,068,754,803 I'otal operating income r 564,808,309 1,207,715,702 814,513,794 2,919,148,105 Salaries and allowances I 8(a) 1,697.984.4 t0 1,683,983,567 Rent. taxes, insurances, electricity etc. I 9(a) 233,712,166 266,88s,623 Legal expenses 20(a) 4,334,3t7 6,049,90.1 t,507.405 3,340"908 Posluge. stamps. teler:omnlunicclion ctc. 21(a) 3"-53 r ,1 57 4.180,292 l,-593.282 2.09t,420 22,835,05 I 37,729.066 Stationery. printings, advertiscments etc. 71,145,199 Managing Director's salary and allorvances Dircctors' f'ees & expenses 74"75'.7 Auditors 6.856,000 3,540,617 ,1.231) t] ,t 1 ,225 10.7 62 909,347,70s 174,284,106 3,545, l 00 3,291,000 | 113,142 3,108,139 308.579 )R7 5ntl 244.315 "69 488,750 lees I "448 7,291.600 Shariah supervisory committee's f-ees & expenses 93 8,44 308.-s79 I3 2.2s0 Charges on investment loss Depreciation & repair o1'Bank's asscts Zakat expenses I 86,995.362 74,761,3'75 138,3r0.435 4l ,423,585 152"986"93,1 82,8,17, I 70 Other expenses 5 l 8,408,88 r 457,855,52 I 130,570,6 I 9 I 'I'otal operating expenses r 79.944. l 68 ) Profi t/(l,oss) bcforc provision Provisions fbr investments Other provisions 37,3 80.688 61,9i6,428 ,755,581 ,224 25,653,3 75 79 I,958,680 ,730 ,192. 158,934 r,3 1 3,569,85 l 3 (r.319,469) l.l0l,2l2) 49"56t.923 491,057,722 1,363,731,774 324,273,906 ( Total provision 'l'otal profit/(loss) before tax 1,001,824,008 1,334,393,821 348,725,314 Provision for income tax 46,141 "431 838,706,I11 594,504,770 507 Current tax Deferred tax 537 .7 6t Net Profit/(Loss) after taxation 416,907,143 I .435 7, I 55,430 978.856,3 7.1 9.23 8,5 37 316,298,973 237,833,7 r I I I .'.7 59 718 5 l 3.780,406 .127 99,132,476 87,212,051 Appropriations Statutory rescrve Rctained surplus 200,874,024 263,508,375 70,180,762 246,033,119 82,790,538 28,951,114 117,985,037 246,033,127 (30,772,99s) (30,772,984) Attributable to: Equity holders' of the Bank Non controlling interest (:7) 246,033,119 Earning per share Com pany 23 0.50 Chief Financial Officer 82,790,521 17 82,790,538 0.39 28,951,721 lt (1) 28,951,717 0.1I (30,772,984) 0.10 Director & CEO
4. SOCIAL ISLAMI BANK LIMITED AND ITS SUBSIDIARIES CONDENSED CONSOLIDATED CASH FLOW STATEMENT (UN.AUDITED) FOR THE HALF YEAR ENDED 30 JUNE 2O2O Cash Flow from operating activities Investment income receiPt Profit paid on deposits Dividend receipts Fees & commission receipt Cash pa).rnents to employees Cash payments to suppliers Income tax paid Receipts from other operating activities Payments for other operating activities Operating profit before changes in operating assets and liabilities A. 30.06.2020 30.06.2019 Taka Taka 217 (8,898,306,043) 218,509,262 (309,1 (1,690,839,567) (347,692,976) ,195,095 299,018,577 (1,705,276,010) 9 397,124,264 1,682) (709,t24,073) (817,083,452) 642,319,240 J 738,741,204 68 72 779,185,759 Changes in operating assets and liabilities Statutory deposits Net trading securities Investments to other banks Investment to customers Other assets Deposits from other banks Deposits received from customers Other liabilities on account of customers Trading liabilities Other liabilities Sub Total Net Cash flow from operating activities Cash flows from investing activities ( -) -) -) 2,109,914,073 1,689,822,567 (2,694,345,561 ) 3,078,540,673) (2,32s,462,990) 3,910,923,725 6,350,391,580 (10,601,500,562) I ,17 5,112,309 ( 1,1s9,731,513) 1 13,417,818,504 4r9,899,8r2 68s.226.3s6 822,579,534 2,932,493,607 (3,032,965,979) (2,253,780,220) Proceeds from sale ofsecurities Payment for purchases of securities Proceeds from sale offixed assets Purchases ofproperty, plant & equipments Purchase/Sale of subsidiaries (128,576,3r l) (21s ,733 ,736) (I28,576,311) B. Net Cash flows from investing activities Cash flows from financing activities Receipts from issue of debt instruments SIBL Mudaraba Subordinated Bond Receipts from issue ofright shares/ordinary share Dividend paid in cash C. Net Cash flow from financing activities D. Net increase/(decrease) in cash & cash equivalents (A+B+C) E. Effects of exchange rate changes on cash & cash equivalents F. Cash and cash equivalents at the beginning ofthe year G. Cash and cash equivalents at the end of the year (D+E+F) Chief Financial (215,733,736) 2,000,000,000 2,005,071,07 s ( ( 1,400,000,000) 1,400,000,000) 600,000,000 605,071,075 (1,177,285,456) 30316,759,871 31,868,246 33,474,528,207 49,182,790 12,097 ,269,741 40.369,167,015 25 Net operating cash flow per share (CNOCFPS) ry 8,33 s 690,314 (10,437 __15d!!]55321_ (2.s2) aging Director 3.28 & CEO
5. Ft-F- t- V ) al co o\ a{ F- 6 6l al t ll I I I I I I ?o r.o F- \o $ r- F- .I t- F- 00 F- o\ ra N $ [n t- r- \o la) r.I 6 0lo v b0 \o al ra t I = F.- a rn r- s co t o\ c.t ta FCI co 6 I trl 00 U € z F- ra EP rq 6F o6 F- ?o F. 6l I a $ .f, 6l q:> qaa ,cEo \o I I F- *za I I rro D(,= aA? roAl 71; T9C !n ^{co 'a-t\- 241 ii<c( ii - r-J tl , ^-l Eq \o b0 al I rn ra ra (n ro o\ t+ ?o ra qo N + I (a + 6 s oo 6 o\ .i- ?o ?o N al I .i- \o oo al 6l t al (\l ra ra tr- $ .T Ee, 0! an o\ \o oa \o \o F- o\ ?o ?o ao o\ o\ ra q) N al N ?., <t) il-t ?o trl 6r $ t t+ (\l al oo 3 z D aY t-I i' $ N $ a.) ?a ?a) ?a a:l N al \o \o I lHrr z> ) <n< I I I I tu ao .=EE <AF dex "Ei Q JHtrr ,JZ !U a= 6) U I :l ?o aa ?o ?o ?o F € zri zTi 6 I I ?o .I \o ra ra r.t ?t) t t+ ra # c) o L o\ o\ 6 !l l- t" a o ci ol o 6l al ol 4) tr! ol a (* o () o o o o cd (\l o ?a P 6 () L & () () o o () tr 6l o () o ! * (,) o bo () o o () o o o .o o o L o O & U o bI 50 E ! o o o o bo o o o o o k 6 o o () ! L (€ C) d >. N o d bo G Fq o o +i () () o (H .T al N o o (! (d (-) o g L o () a U (d o () bx .o q) o () o ,() o ! F o bI o d o fn o s a s o o. q o a o o ! ! o q z z a o b0 0) () o ! o 6) (,) ! z o (h N a) Fl bI o o I4 6) bl z 3 ri : F I N 5
6. SOCIAL ISLAMI BANK LIMTTED CONDENSED BALANCE SHEET (UN-AUDITED) AS AT 30 JUNE 2O2O Note(s) 30.06.2020 31.12.2019 Taka Taka PROPERTY AND ASSETS Cash in hand Cash in hand (Including Foreign Currencies) Balance with Bangladesh Bank & its Agent Banks (l ncluding Foreign Currencies) Balance with other Banks and Financial Institutions J 3.1 )5..) 4 Outside Bangladesh with Banks & other X'inancial Institutions Investments in shares & securities 172,602 122 31 ,313,153 1,23s,436,436 5,982,749,589 2,288,360,101 1,084,292,499 5,946,395,494 6,826,069,299 4,7 47 Placement 2,949,269,520 1,447,401 28,439,489,424 In Bangladesh 5 3,312,652,600 6 11,942,300,000 Government 13,692,300,000 5,426,683,481 5,475,535,891 Others 17.417,835.891 19,118.98J,481 7 Investments General investment etc. Bills purchased and discounted Fixed assets including premises, furnitures and fixtures 8 Other 9 assets Non Banking assets Total 3,il8,042,023 264,746,033,231 12,601,097,091 271,341,130,322 252,038,985,230 3,582,196,236 19,099,738,836 3,606,049,743 15,965,444,133 12,229,604,419 264,268,589,649 357.815.535,792 J45.056.2J1.627 assets LIABILITTES AND CAPITAL Liabilities Placement from Banks 2,005,071,075 & other Financial Institutions Deposits and other accounts 10 Mudaraba savings deposits Mudaraba term deposits Other mudaraba deposits Al-wadeeah current & other deposit accounts 25,739,1'.79,658 165,687,514,476 86,890 64,1 r2,31 8,321 69,461 Bills payable Cash waqf fund SIBL mudaraba subordinated bond Other liabilities Deffered tax liabilitiesi (assets) Total liabilities 28,240,045,841 167,293,224,499 ll t2 ,5 26,072,068,55 5,982,863,78 27,943,197,904 5,058,477,296 354 I 298,350,695,079 287,936,655,109 8,000,000,000 31,623,144,538 1 I r .021.034 30,354,428,531 93,817,514 J 71 8 5 11 9,400,000,000 340"089.931.726 J27.784.901,154 Capital/Shareholders' equity 8,933,413, 8,933,413,560 Statutory reserye 6,623,135,293 Revaluation reserye on fixed assets Retained earnings I 6,422,261,269 931,379,261 984,276,383 Paid-up capital Total shareholders' equitv Totat liabilities & shareholders' equitv 931,379,261 7 2 17,725,604,066 t7
7. Note (s) 31.t2.2019 Taka 30.06.2020 Taka Off-balance Sheet Items CONTINGENT LIABILITI ES Acceptances and Endorsements lrrevocable Letters of Credit (including Back to Back Bills) Letters of Guarantee Bills for Collection Other Contingent Liabilities Total 22,759,522,776 15,282,386,540 21,931,661,800 13,038,084,385 4,556,19s,838 11,322,648,716 4,565,448,355 55,636,189,538 53,594,806,020 15 ,77 5 ,047 ,149 OTHER COMMITMENTS Documentary credits and short term trade related transactions Forward assets purchased and forward deposits placed Undrawn note issuance and revolving underwriting facilities Undrawn formal standby facilities, credit lines and other commitments Total Total Off Balance Sheet Items including Contingent Liabilities --.5636-;iTqFr _Bgm@ { Company retarv Chief Financial #k Director & CEO
8. l SOCIAL ISLAMI BANK LIMITED CONDENSED PROFIT AND LOSS ACCOUNT (UN-AUDITED) FOR TIIE HALF YEAR ENDED 30 JUNE 2O2O Note(s) Investment income [..ess: Proflt paid on dcposits Nct investment incomc lnoome lrom investment in shares and securities Commission Exchange and Brokerage Other operating income Jan-June 20 Taka l3 t4 l5 t6 t7 t2,9 i0.501,162 8 862 593.206 I ll ll 662.521"964 571 3 April-June April-June 20 Jan-June 19 Taka I 19 Taka Taka 6.470,315"181 4.969.91 1.012 170 6,579,458.288 4.111).251.636 82,582.419 784,205 "954 7q? R6) 181,405,s81 368.388,780 J r84.900,314 250.96t.420 a tq 1,187,922,629 1,3,11,83,1,803 560,.122,655 800,755,781 4,282,791,311 5,409,749,358 2,060,826,825 2,900,962,133 Total opcrating income Salaries and allor.vances Rent taxes insurances electricity etc. l8 1.682,570,730 ts 230,593,463 Legal expenses 20 Ilostage slarnps lelecomnrunrcation clc. 2l 263.864.603 6.049.904 4,334,317 2,802,963 Stationery printings advefiisements etc. "388 6,856,000 3.361,677 902.673"454 t'72.113.596 I,507.40s 3,340,908 1,592,427 1,2113,209 22.814.231 74.437 7,291,600 511 l 1-5.603,48-s 3,r60,16r 7 1.00 1.6 I 7 Managing Director's salary and allow,ances Directors' l'ees & expenses Shariah supervisory committee's l-ecs & expenses g)gq5l 1,668,710,591 31 ,629"494 3,545, l 00 3,291.000 3,996. l 9 l 173.742 2.968, I 39 460,000 308,579 287,500 230,000 85,997"563 I 78,68 r ,-s55 Auditors'lees 308.-579 I 43.750 Charges on irrvestment loss Depreciation & repair olbank's assets Zakat expenses Other expenses I 82.847.170 5l-s.00t,157 'I'otal operating expenses Profi t/(l,oss) before provision Provisions lbr investments 2,786,262,257 492, I58,934 Other provisions I 74,761,375 452.262.600 2,733,376,148 37,689,087 4 l t52.231 .225 37,380.688 I,423,585 159.484.127 30,088,283 1,384,269,64Q 1 7.388 1,3 l 3,569,8-s l 45.261.182 ,192,158,93,1 1,358,8J1,033 325,65J,375 Total provision Total Prolit/(Loss) before tax Provision tbr income tax 1,004,370,120 1,311,54t,877 350,903,810 837,219,862 589,925,183 217 ,927 ,380 s04,42e, tJ f lJ-r-q66Etl[-Ji-?84JsT I C--urrent tax 532,893,006 Det-erred tax 17,203,520 970,940,214 9,102,252 I r t.ooo.ss r ll t6..r5s.a2orl 454,213,593 337,199,351 102,9'76,430 Net profit/(loss) after tax 85,,196,051 .\ppropriation 200.814,024 253.399.569 Statutory reserve Retained eamings 263,-508,37-5 't3"690.9'16 70"180,762 t) 795 667 I 17,985.037 ( 32.488.984) _____lJlJ99J5!_ _JApJ5p.______85J96,052_ Earning per share 23 ry r 0.51 Chief Financial d8, 0.38 0.12 Managing Director & CEO 0.10
9. SOCIAL ISLAMI BANK LIMITED CONDENSED CASH FLOW STATEMENT (UN.AUDITED) F'OR THE HALF YEAR ENDED 30 JUNE 2O2O Note(s) Cash Flow from operating activities Investment Income receipt Profit paid on deposits Dividend'receipts Fees & commission receipt Cash payments to employees Cash payments to suppliers Income tax paid Receipts from other operating activities Payments for other operating activities Operating profit before changes in operating assets and liabilities Changes in operating assets and liabilities Statutory deposits Net trading securities Investments to other banks Investment to customers Other assets Deposits from other banks Deposits received from customers Other liabilities on account of customers Trading liabilities Other liabilities 30.06.2020 30.06.2019 Taka Taka 12,930,507,762 ,496,104, 12 (10,401,236,r3r) (8,862,593,206\ 211,332,240 360,775,059 (1,67 5,566,591) (344,351,896) (702,007,389) 737,859,258 21 1,999,088 285,107,862 ( 1,689,8 /?n5 q?q (812,837 64t,632,889 (s60.77 s.787) 50 786,428,332 26 (2,694,345,561) 1,701,147,590 ( 2,095,179,450 13,078,540,673 ) (r0,60r,500,s62) (2,32t,4s6,498) 1,278,425,899 1,159,731,s r 3) 13,363,681,593 3,910,923,125 6,503,t16,245 ( 243.664.067 648,261,644 (3,041,145,544) Sutr Total A. Net Cash flow from operating activities 834,791,502 2,929,910,952 (2,254,117,212) Cash flows from investing activities Proceeds from sale ofsecurities Payment for purchases of securities Proceeds from sale offixed assets Purchases ofproperty plant & equipments Purchase/Sale of subsidiaries B. Net Cash flows from investing activities Cash flows from financing activities Receipts from issue of debt instruments SIBL Mudaraba Subordinated Bond Receipts from issue ofright shares/ordinary share Dividend paid in cash C. Net Cash flow from financing activities D. Net increase/(decrease) in cash & cash equivalents (A+B+C) E. Effects ofexchange rate changes on cash & cash equivalents F. Cash and cash equivalents at the beginning ofthe year G. Cash and cash equivalents at the end of the year (D+E+F) ( ry 25 Chief Financial Officer ) rector (215,634,269) (128,066,167) (215,634,269) 2,005,071,075 r,400,000,000) ( 2,000,000,000 1 ,400,000,000) 605,071,075 Net Operating Cash Flow Per Share (NOCFPS) Company (128,066,167) ##/ 600,000,000 3,314,336,682 (1,777,712,304) 49,182,790 42,097,164,021 33,474,406,512 40,368,634,507 36,8201611'440 (2.s2) 31,868,246 3.28 Director & CEO
10. tl o a o- Fl p + (h l- ? o o o o' ts+) +) I o o I o o G o- o o (! L @ o g o o 6 tD a a 5 (D FO ID (D p- o a r0 a o t .) r.f Ft (,J a o (D o) f.J l, 0) o E (D t.J o o o o Fn N.J (, (D (D ol o o o o' o o o q c) o o o ;+1 o' o- ID ID a o o ID (D o p- t d (D tJ o- (D o 5 P o o tJ o i.J Fn (D o a l o -3 o a a a (D .D FT z za I [.J o (, UI 4';, o (} O I 'l(! a !i ttl > PZa Kd Qrc (, 41 tr(D r!L;^ ,N? -a o\ hJ l, s {5 oo UJ UI f.J (, do >t,t3 > A> t I (n A'a zze rD qi z=- N.) 5 NJ< [.J ^ z I @!9 Ur I I I e ;o d o trt I \o (, (, (, 0a e\ -I \o 0c !.,) (D!dP ?D ,q) 'l!9.D I o\ tD a tJ (, Ei & o N) (, [.J @ -J Ul tJ 5 { 5 -I A -l 5 o\ oa t.J -I 5 Ut (, UI Ul co o\ Ul {tJ I I I I UI \o (, 00 il b,J { {(, 5 D, r! .'is (, a U) I,J t.J UI IJ UJ { { A UI A },J =l a tJ -.I 5 t.J [.J 0a 5 -I -I Ut I I I I I a Ft -.I (, L
11. 3 30 .06.2020 31.12.2019 Taka Taka Cash in hand: 2.662,912,406 2.768.319,056 ln Local Currency ln Foreign Currencies ATM balance 77 1?X 36,366,783 3 r 3,356,1 c)S0 259,028,164 84 3,1 I 8,042,023 3(a) Consolidated balance ofcash in hand Social Islami Bank Limited 3,1 1 8,042,023 2,949,269,520 s77 Cash in hand ofSubsidiary companies SIBL Securities Limited R5 OR7 511,821 SIBL Investment Limited 5,201 5,201 3,118,559,045 3.1 2,949,359,808 Balance with Bangladesh Bank and its agent bank (Sonali Bank) Balance with Bangladesh Bank (Note-3.1.1) Balance with Sonali Bank (as agent of BB) 24,5t6,711,427 28,481,818,448 25,321,447,401 467,354,154 28,949,772,602 22,397,173,267 27 ,49'7 804,735,97 4 3.1.1 Balance with Bangladesh Bank (Including foreign currencies) In local curency In foreign currencies 2,1 19,538,160 24,516,717,427 4 4(a) ,425,366 984,393,082 28,481,818,448 Balance with Other Banks and Financial Institutions ln Bangladesh 4,147,313,153 Outside Bangladesh 1 2,288,360, I0 r t,084,292,499 3,372,652,600 ,235,436,436 749,589 Consolidated balance ofother Banks and Financial Institutions In Bangladesh 4,747,373,753 Social Islami Bank Limited 6t Add: Account Balance of subsidiaries of SIBL with SIBL Principal Branch SIBL Securities Limited (Current account and MTDR) 5 l 2,868,588 SIBL Investment Limited Less: Inter company balance eliminated SIBL Securities Limited (Cunent account and MTDR) 101,451,389 5,363,798,658 ) 752,120,941 5 1 2,868,588 103 Atld: Account Balance of subsidiaries of SIBL with other banks andfinancial institutions with other Financial Institutions Investments in shares I 389 L5,546 15,432 15,546 15.432 2,288,375,533 & other Financial lnstitutions Placement with Banks 6 101 4J47 315,699 Consolidated balance with Banks and Financial Institutions Placement 362,309,451 ,917 SIBL Securities Limited SIBL Investrnent Limited Placement with Banks 362,309,451 103,616,9t7 61 SIBL Investment Limited 5 2,288,360,101 & I,986,395,494 1,986,469,299 3,960,000,000 4,839,600,000 5,946,395,494 6,826,069,299 securities Government: Govemment Bond (lslamic Inveshrrent Bond) BD. Govt. lslamic Refinance Fund 7 Years Treasury BOND (5%) 7 Years Treasury BOND (0%) I 1,250,000,000 Others: 3,000,000,000 250,000,000 9,300,000 319,300,000 r 23,000,000 3 1 I 23,000,000 13,692,300,000 1 c., I 250,000,000 30.06.2020 37.12.2019 Taka Taka
12. lnvestment in Share , Quoted Investment in Share, Unquoted/bond Fair value adjustment through profit or loss (FVTPL) Value oflnvestment in Shares and securities, others 641,262,505 4,907,936,795 5,475,535,891 5,549,199,300 5,475,535,891 5,426,683,481 ltzr) t)16 ty Grand Total 17 ,417 Consolidated investments in shares & securities Social Islami Bank Limited Other sectors Add: Investment in shares & securities by subsidiary companies ,835,891 19,118,983,481 5,475,535,891 SIBL Securities Limited SIBL Investment Limited Less: lntercompany balance eliminated investment in subsidiaries Investment in SIBL Securities Limited Investment in SIBL Investment Limited Total consolidated balance ofinvestments in shares & securities others 7 532,079,130 4,943,456,761 5,426,683,481. 154,526,938 t54,433,823 t,229,999,000 t,229,999,000 4,230,592,737 4,'.170,415,304 1 Mode-Wise Investment (General) a) ln Bangladesh Musharaka 281,801,224 Murabaha 285,826,6 r 2 4,846,632,993 3,275,664,581 Mudaraba Bai-Muazzal I Hire-Purchase Sirkatul Meelk Staff Loan !arah Visa Card 175,t73,237,666 85,717,080,707 8,070,086,6 r 9 56,906,637,122 7,944,325,468 956,467,790 2,373,397,265 582,240,t36 698,336,44s 264,746,033,231 8,648,705, I 03 5 Quard Bai-Salanr 4,1t0,909,296 ? )1\ 479 4qq 931,350,622 2,131,330,908 609,610,142 727,898,260 252,038,985,230 Mode-Wise Investment (General) b) Outside Bangladesh Musharaka Murabaha Bai-Muazzal ire-Purchase Sirkatul Meelk Installment Investrnent Scheme H Quard Bai-Salarr Others Bills Purchased and discounted Inside Bangladesh In land Bill Purchase 2,337,443,052 3,134,654,364 Bills Purchased and discounted Outside Bangladesh Foreign Bill Purchased Bill of Exchange Murabaha Baim-Wes bi1ls 340,699,968 85,750,964 t,798,371 ,011 8,1 24,583,060 r,455,670, r05 7 551 5?R qRr. ==:t!tg3@932_ 12,60'l ,097,091 Grand total of net Bills Purchased and Discounted Total Investment 277,347,130,322 12,229,604,419 264,268,589,649 7(a) Consolidated Investment Less: Intercompany balance eliminated SIBL Securities Ltd. (Quard Investment with SIBl-proncipal Branch) SIBL lnvestrnenr Lrd. 800,000,000 276,547,130,322 30.06.2020 'l'aka 8 800,000,000 263,468,589,649 31.12.2019 I'aka Fixed Assets: Land Building Furniture & Fixture xxl, 12,330,000 1,892,295,088 789,772,954 I 2,330,000 l,9l6,l 81,781 791 ,055 ,514
13. Mecl .ranical Appliance 695,3 8 I ,546 690,335,762 Computer Software t7 6,9)9,915 174,767.715 14,802,784 20,669,401 Motor Vehicle 671 q50 Books written down value of fixed assets including intangible 8(a) Consolidated Social Islami Bank Limited Add: Fixed assets of subsidiary companies 3,606,049,743 3,582,196,236 3,606,049,743 assets 152 7,667,152 7 SIBL Securities Limited SIBL Investment Limited Carrying value of Fixed assets ofthe Group 9 709,510 3,582,196,236 7 7,526,699 3,589,722,935 3,613,716,895 Others Assets: Stock of stationery Stan-rps and printing nraterials etc. Advance Rent Advance Deposit 32,151,597 36,65 1,315 221,606,191 236,183,450 3,445,526 5,233,627,663 Branch Adjustrnents (SIBC) Suspense Account: Other Prepayments Receivable from Stock & Bond and SIBL Securities Advance Income Tax Receirable lrom SIBL Sccurities 3,441,t26 2,9s0,929,983 192,702,080 539,513,687 64,297,989 64,210,061 121,482,142 21,482,142 I I,497,990,459 72,000,000 r 0,685, I 52,854 72,000,000 from SIBL Investment 1,883,690 1,883,690 Plotested bills against lnvestment 325,014,s70 123,342,515 2,414,1'/5,353 125,014,510 Receivable Profir receivable frorn Banks NBFI and BD Govt. Investment with off-shore Banking Unit Due from off-shore Banking Unit Dividend Receivable Account Profir Receivable from Mudaraba Subordinated Bond Others (note: 8. I ) 23,382,627 36,882,278 543,655,732 94'7],Q '7)6 562, l 30,020 I,601,t22 21,573,914,189 Total Less: Balance with OBU for elimination Investment with off-shore Banking Unit Due from off-shore Banking Unit Grand total after elimination of balance with OBU 9(a) Consolidated other 665 5c)5 )c)R 1,487,890,290 2,414,175,353 99,6 1 6,43 8 10,969,426 17,453,335,023 1,487,890,290 19,099,738,836 15,965,444,733 19,099,738,836 15,965,444,733 Assets Social Islami Bank Limited Add: Other assets of subsidiary companies SIBL Securities Lirnited '134 SIBL Investment Limited 795 2, l 88,896,975 2,169,894,251 70,861,159 81,611,544 72,000,000 72,000,000 1,883,690 1,883,690 -l9,143,066,939 Less; Inter Company transactions eliminated: Receivable Receivable from SIBL from SIBL Securities Investment 21,285,613,280 Grand total Other assets of subsidiary companies 9,1 Others Clearing Ad.justment (1,85r,411) D.D. Paid wilhout advice 650 Wes Fund (F/Currency) purchased Adjusting A/C debit balance Advance Vat BFETN Adjustment Accounts 1,089 ? 1)q 1A' 5,s00,000 3,815,1 78 3,8 1 5,1 78 (3,649,892) Parking Assets 20,000 ,t, t tt-.arl :")i:rr rr 650.00 1,089 (88,e56)
14. 1 ,741,46s 936,116 Incentive disbursement Fund -10,969,426 1,601,122 10 30.06.2020 3r.12.2019 Taka Taka Deposits and Other Accounts 25,739,1'79,6s8 28,240,045,841 Mudaraba Savings Deposits (MSD) Mudaraba Tern.r Deposits (MTDR) t6'1,293.224,499 | 65 ,687 ,514.47 6 Other Mudaraba Deposit 1 Mudaraba Short Notice Deposits (MSND) Mudaraba Schen.re Deposits (Note-9. I ) A1- Wadeeah Current Deposit (AWCD) and other aacounts 18,653,491 ,373 t7,218,665,421 50,808,095,5 46,IJ93,652,900 1 7 26,072,068,55 27,943,t97,904 5,058,477,296 Bills payable 354,162,649 299,350,695,079 Cash Waqf Fund 8 5,982,863,785 342.710.311 109 287, 10,1 Mudaraba Scheme Deposits 03,203 t)A \oa )q) 2,300, I 35,659 2,61'7,368,'700 33,399,s37 34,374,390 l 34, Mudaraba Hajj Savings Deposit Mudaraba Pension Savings Deposit Mudara Education Deposit Schen-re Mudaraba Monthly Savings Deposit 1 49,064,610 46,333,876 2,823,292,619 Mudaraba Monthly Profit Deposit 3,408,450,904 584,971,007 548,610,047 Mudara Bashasthan Savings Schen-re Mudara Millionaire Savings Scheme Mudara Lakhopoti Deposit Scheme Mudara Double Benefit Deposit Schen're Mudara Marriage Savings Scheme Mr.Ldara MMohorana Savings Scheme Subamalata Special Scheme (Wemen) Subarna Rekha Special Deposit (Wemen) Shabuj Shayanna Spccial Deposit Shabuj Chaya P. Sch Sanchita Special Deposit scherne Sanali Din Pension Deposit Scheme Sukher Thikana Saving Scheme Sacchandey Protidin Monthly Profit Deposit Samriddit Sopan Scheme Deposit Sopner Siri Deposit Scherne 955,202,418 3 I ,016,936,541 r,588,101 38,201 ,939 t,293,554,722 r,s I 8,882,641 80,45 8,591 99,456,576 19,178,1t2 20,546,614 22,441,677 23,087, I 65 1,155 ,051 ,4'7 I 1,'/67 ,726,041 t? 760 65 8,080,0 19 28,045,8 r l 223,441,413 226,241,824 13,986,646,634 14,t79,920,33'7 15,112,955 14,1 18,626 1,507,586,81 0 2,002,55 1,186 519,019,'769 '155,4'10,981 88,545,958 Sharner Shikhar (mudaraba Billinior Deposit) Proshanti (MLrdaraba Zakat Saving Deposits I 01 ,568,075 1,109,1 18,024 1,141 ,967 ,626 SIBL Astha (Mudaraba Monthly Deposit) SIBL Super DPS (Mudaraba Pansion Scheme) SIBL Digun Porttasha (Double Benefit Scheme) 151 647,011,293 I 1,731,003 11,811,220 t9,'7 54,1'72,998 t4,373,382,413 r,038,643,258 390,957,789 1,788,950,817 t,740,379,712 50,808,095,517 __l6,8ei{12f9!_ 10(a) Consolidated balance of Al-Wadeeah Current Deposit & Other A/c 27,943,197,904 Social Islami Bank Limited 6t Less: Intercompany balunce eliminated. 12,868,588 362,309,451 103,616,9t7 101,451,389 27,326,712,399 25,608307 J119 SIBL Securities Limited SIBL Investment Limited 5 Consolidated balance of Current deposit and other accounts 11 26,072,068,558 SIBL Mudaraba Subordinated Bond SIBL issued three mudaraba subordinated bonds narnely SIBL lst Mudaraba Subordinated Bond of Tk. 300 crore, SIBL 2nd Mudaraba Subordinated Bond of Tk. 400 crore and SIBL 3rd Mudaraba Subordinated Bond of Taka-500.00 crore to sttpport and strengthen Tier-ll capital base of the bank under Basel-III capital regulation of Bangladesh Bank. The details of SIBL Mudaraba Subordinated Bonds are presented Below: Issue Date Name of the Bond SIBL 1st Mudaraba Subordinated Bond SIBL 2nd Mudaraba Subordinated Bond SIBL 3rd Mudaraba Subordinated Bond Total Issued Amount 313U2015 6t20t20t6 12t2712018 irX 1 Outstanding as on 30.06.2020 3,000,000,000 4,000,000,000 600,000,000 2,400,000,000 5,000,000,000 5 2,000,000,000
15. l2 30 .06.2020 31.12.2019 Taka Taka Other Liabilities Adjusting A/C (Cr.) Balance Other Payable BEFTN Adjustment Account Parking Account ATM Settlernent for Q-Cash Share Trading Payable A/c Provision for Investments Provision for other Assets Compensation and Rent Suspensc Provision for Taxation 19,931,186 10,231,405 18,744,541 12,263,717 3r,358,9r0 35,998,97'7 29,000 23,642,698 21,740,915 48,852,41l 12,418,199,929 l 1,997,403,200 456,527,557 456,527,557 3,092,767,984 15,390,212,623 Zakat Fund Mudaraba profit distribution 5l ,779,481 Provision for good borrower Provision for Climate Risk Fund r0,000,000 2,870,657,332 t4,826,251,926 93,451,718 r s,000,000 I 0,000,000 3,000,000 3,000,000 31,623,144,538 30,354,428,531 37,623,144,538 30,354,428,531 12(a) Consolodated Other Liabilities Social Islami Bank Limited Add: Other Liabilities of subsidiaries SIBL Securities Limited SIBL Investment Limited 1,525,316,150 5,896, I 54 33,154,356,842 Less: Intercompany balance eliminated SIBL Securities Limited (Payable to SIBL- Term loan) Grand Total l3 ,347 ,839,259 3,361,661 31,705,629,453 800,000,000 32,354,356,842 800,ooo,ooo 30,905,629,453 30.06.2020 30.06.2019 Taka Taka Income from Investment Profit on Murabaha 65,430,676 t2t,9-/9,757 Profit on Bai-Muazzal q 050 I 51 55S 8,353,965,869 Profit on Hire-Purchase 2,816,451,191 3,110,7 66,278 Profit on Musharka Profit on Bai-Salam Profit on Quard against MTDR Scheme and others Profit on Inland Document Bill Purchased Profit on Foreign Document Bill Purchased Profit on Ijarah Profit on Investment against Mudaraba Deposit with other banks and NBFIs Profit on other investments (Card Wakalat fee etc.) 13(a) Consolidated income from investment Social Islami Bank Ltd. Add: Incomefrom investment of subsidiaries of SIBL SIBL Securities Ltd. l 1,497,058 44,964,288 4l ,832,989 255,88 1,756 21.5,667,163 210,325,t23 I Grand total of consolidated investment income 16,792,155 83,624,980 4,880,904 1,077,649 32,364,268 3 8,292,600 340,9 14,63 l 366,696,431 6t 1,262,812 501,'790,237 13,496,704,812 12,930,507,762 13,496,104,812 12,930,507,762 34,967,820 t7 SIBL Investment Ltd. 14 1 39,1 90,5 73 81 13,532,690,314 12,969,698,335 Profit paid on Deposits Mudaraba Savings Deposits (MSD) Mudaraba short notice deposit (MSND) Mudaraba term deposit (MTDR) Cash waqf fund deposit Profit paid on Scheme Deposits & others Profit paid on borrowings & Sub-ordinate Bond Total profit paid on deposits and borrowings 303,739,334 392,455,462 45,606, I 03 230,686,90 l ,410,901,722 6,158,134,449 I 7 7,3t9,604 1,991,062,587 :: 9,947,345,478 8,669,201 I ,345,288,641 8,046,518,525 453,890,653 10,401 ,236,-1.31 816,074,681 8,862,593,206
16. 30 .06.2020 30.06.2019 Taka Taka 4(a) Consolidated Profit paid on deposits and borrowings I Social lslami Bank Ltd. Arlrl: Income from investment of subsidiaries of SIBL SIBL Securities Ltd. SIBL Ir-rvestn-rent Ltd. Crand total of consolidated Profit paid on deposits and borrowings l5 Income from Investment in shares & securities Income from lnvestment in islamic bond lncome from Investment in shares lncorne from Mudaraba Subordinate Bond Dividend income 15(a) Consolidated Income from Investment in shares & securities Social Islami Bank Ltd. Add: Incomefrom iwest,nent of subsidiaries of SIBL SIBL Securities Ltd. SIBL Investment Ltd. Grand total of consolidated Income from investment in shares & securities l6 Commission Exchange 6(a) Consolidated income from commission exchange & brokerage Social Islami Bank Ltd. Add; Income from commission exchange & brokerage of subsidiaries of SIBL SIBL Securities Ltd. SIBL lnvestment Ltd. Grand total of consolidated lncome lrom commission exchange & brokerage t7 35,712,837 36,008,465 10,437,,244,596 8,898,306,043 389846554 89,070,940 7013878 4,459,875 t08,02"t,397 1 42991 669 21 1,999,088 22066t91 | 760,514,072 211,999,088 760,574,012 10,440,875 4,165,37 I t2,470,948 ,195,095 773,998,540 95 80 285,107,862 360,775,059 377,4t4,102 662,521,964 423,430,895 784,205,951 662,521,964 784,205,954 13,910,715 36,349,205 676,432,679 920,555,159 Other Operating Income Courrer Charges Recovcry Services & 934,334 694,564 P&Tchargerecovered & Others charges SWIFT/ Retum charge recovered Rent receipts lncome from sale of fomrs Service charge on SIBL Cards Notice pay earnings Miscellaneous income t1(a) Consolidated Other operating income Social lslami Bank Ltd. Add; Other operating income of subsidiaries of SIBL SIBL Securities Ltd. SIBL lnveshrent Ltd. Grand total of consolidated Other operating income 18 8,862,593,206 & Brokerage Commission Exchange Income 1 10,401,236,131 3,876,393 3,118,947 143,931,073 110,270,178 19,t25,686 |,054,415 32,280 23,333,8I 46,'/ 12,462 45,958,692 7 q7X 040 1 1,808,416 57,620 3,126,625 94,848,079 9'7,616,5'7 | 313,401,577 346,296,609 313,401,571 346,296,609 881,946 686,351 314,087,928 7,1 78,555 Salary & Allowances 639,623,711 Basic Salary 687,546,7'72 Allowance 692,33 8,685 663,404,049 Bonus 217,775,716 ,7? ?qs L/E Salary & Allowances Bank's Contribution to Plovident fund SIBL Emp. Superannuation Fund Bank 64,842,004 6,411,22'1 1,682,570,730 Q1R 24,461,634 62,2t 1 ,084 6,214,176 13,596,326 1 710,591 Managing Director's Salary and Allowances Basic Salary Allowance Festival & other bonus 3,993,000 1,500,000 3,630,000 1,798,600 1,726,000 7,291,600 18(a) Consolidated expenses for Salary and Allowance 1,500,000 6,856,000 30.06.2020 30.06.2019 Taka Taka
17. 1 ,692,570,730 Social Islami Bank Ltd. Add; Salary and Allowance of subsidiaries of SIBL SIBL Securities Ltd. SIBL Investment Ltd. Grand total of consolidated expenses Salary & Allowance 19 Rent Taxes Insurance Rent Rates I nsurance & Electricitv I t\ )1) o16 I 7,697,984,410 1,683,983,567 etc, & Taxes 1 90,765,865 I 6,s68,740 Electricity Lighting & Water 3 19(a) Consolidated expenses for Rent Taxes Insurance & Electricity Social Islami Bank Ltd, Add; Rent Taxes Insurance & Electricity of sutrsidiaries of SIBL SIBL Securities Ltd. SIBL Investment Ltd. Grand total of consolidated expenses for Rent Taxex Insurance & Electricity etc. 20 5,413,68 1,668,710,591 56,875,987 66,983,912 40,004,704 3,25 8,85 8 230,593,463 263,864,603 230,593,463 263,864,603 3,1 I 8,703 3,021,020 233,7t2,166 266,885,623 Legal Expenses Legal Fees & Charge 2,303,132 Stamp Duties other Legal Expenses Other Legal Expenses 20(a) Consolidated Legal expenses Social Islami Bank Ltd. 3,426,968 44,487 158,6'74 1,986,698 2,464,262 4,334,317 6,o49,go4 4,334,317 6,049,901 4,334,317 6,019,904 Add; Legal expenses ofsubsidiaries ofSIBL SIBL Securities Ltd. SIBL Investment Ltd. Grand total of consolidated Legal expenses 21 Postage Stamps Telecommunication etc. Cable Network rent Telephone charges 984,220 Mobile phone charges 21(a) Consolidated Postage Stamps & Telecommunication stc. Social Islami Bank Ltd. Add; Poatage Stamps & Telecom. of subsidiaries of SIBL SIBL Securities Ltd. SIBL Inveshnent Ltd. Grand total of Consolidated Postage Stamps & Telecommunication stc. 22 191,247 337,666 I ,7 t9,572 1,481,0',77 1,249,342 2,802,963 3,1 60,1 61 2,902,963 3,160,1 61 728,194 1,020,131 4,780,292 3,531,157 Shareholders'Equity Paid up Capital (893,341,356 and 893,341,356 ordinary shares respectively with a face value ofTaka-l 0 each issued on various dates) 8,933,413,560 8,933,413,560 6,623,t35,293 6,058,963,773 q54 9c)R 771 Share Premium Statutory Reserve Revaluation reserve on Fixed Assets 931,379,261 Retained Eamings 1 ,237 ,67 5 ,952 t7,725,604,066 l 39,703,039 16,087,079,143 The following notes are particularly in compliance with BSEC notification No. BSEC/CMRRCD/2006-158/208/Admin/81, Dated: 20 June 2018. 23 Earnings per share (EPS) (BAS-33, note-2,12\ Jan-June' 2020 Taka Profit after tax for the period (Consolidated) Profit after tax for the period (Bank) 446,907,t43 Weighted Average number of shares outstanding Jan-June'2019 Taka Apr-June'2020 Apr-June'2019 Taka Taka 99,132,476 87,212,051 454,273,593 346,298,913 337,t99,351 102,976,430 85,496,051 893,341,356 893,341,356 893,341,356 : .i I i'ad Clirco 893,341,356
18. Jan-June ' 2020 Taka Jan-J,une' 2019 Apr-June'2020 Taka Taka Profit after tax for the Weighted Average number of shares outstanding EPS Jan-June' 2020 Taka Net Asset Value-Bank Weighted Average numbcr of sharcs outstanding Net Asset Value per share calculation: t7,759,026,693 t7,725,604,066 0.10 0.12 0.10 Jan-June' 2019 Taka 1 6,1 33,026,873 1 6,087,079, I 43 893,341,356 893,34 1,356 Net Asset Value Weighted Average number of shares outstanding Net Asset Value per share (NAVPS)-Consolidated Net Asset Value per share (NAVPS)-Bank r9.88 18.06 19.84 18.01 Net Operating Cash Flow per Share (NOCFPS) Net Operating Cash Flow-Consolidated (2,2s3,780,220) Net Operating Cash Flow-Bank Weighted Average number of shares outstanding (2,254,717 ,212) NOCFPS calculation: Net Operating Cash Flor.v per Share-Consolidated Net Opcrating Cash Flow per Share-Bar.rk 26 0.11 Net Asset Value per share (NAVPS) Net Asset Value-Consolidated 25 0.39 0.38 0.50 0.51 Basic Eaming per Share (EPS)-Consolidated Basic Earning per Share (E,PS)-Bank 24 Apr-Juner 2019 Taka 893,34 1 ,3s6 Net 2,932,493,60'7 , o)q q70 qs? 893,34 l ,356 Cash Flow Weighted Average number of shares outstanding (2,52) 3.28 /, 3.28 5?\ Reconciliation ofNet Profit after Taxation & Operating Profit before changes in operating assets & liabilities Cash flows from operating activities Net Profit Effects of Provision Provision 454,273,593 after Taxation & cash e' exchange rate changes on cash for Tax for Invstment, Share & Contingent Liabr Depreciation & Amortization of Fixed Assets lncornc l3x puid Opcrating Profit befbre changes assets & liabilities (49,182,790) 550,096,527 980,342,s26 492,158,914 1,358,831,033 151 ,9 t9 ,614 (8 1 2,837,605) in operating 337 ,199,351 (3 r,868,246) 786,428,332 l$b 152,682,174 (702,007,389) 2,095,779,450