( Rs in ' 000 ) Corresponding Previous Year Particulars

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "( Rs in ' 000 ) Corresponding Previous Year Particulars"

Transcription

1 Ace Development Bank Limited Narayan Chaur, Naxal, Kathmandu Phone # , Fax # Website : http//www.ace.com.np Unaudited Financial Results (Quarterly) As at 3rd Quarter ( 30/12/2070) of the Fiscal Year 2070/2071 ( Rs in ' 000 ) This Quarter Last Quarter End Chaitra End Poush S.N. Particulars 2070 ( (14 APR, 2014) JAN, 2014) 1 Total Capital and Liabilities (1.1 to 1.7) 7,932,848 7,792,343 6,850, Paid Up Capital 827, , , Reserve and Surplus 155, ,546 70, Debenture and Bond 1.4 Borrowings 870, , , Deposits (a+b) 5,969,048 6,095,924 5,554,000 a. Domestic Currency 5,957,904 6,085,619 5,539,903 b. Foreign Currency 11,144 10,306 14, Income Tax Liability (6,675) 9,115 (7,089) 1.7 Other Liabilities 117, , ,305 2 Total Assets (2.1 to 2.7) 7,932,848 7,792,343 6,850, Cash and Bank Balance 212, , , Money at Call and Short Notice 2,495,493 1,995,970 1,027, Investments 574, , , Loans and Advances 4,346,637 4,474,320 4,555,519 a. Real Estate Loan 547, , , Residential Real Estate Loan (except Personal Home Loan Upto 10 Million) 33,961 46,238 52, Business Complex & residential Apartment Construction Loan) 149, , , Income generating Commercial Comples Loan 47,933 47,647 63, Other Real Estate loan (Including Land purchase & 315, , ,242 b. Personal Home Loan of Rs 10 Million or Less 367, , ,955 c. Margin Type Loan 5,323 29,501 28,168 d. Term Loan 1,232,364 1,227, ,499 e. Overdraft Loan/TR Loan/WC Loan 1,195,179 1,270,903 1,888,990 f. Others 998,453 1,003, , Fixed Assets Net 124, , , Non Banking Assets 2.7 Other Assets 178, , ,331 3 Profit and Loss Account This Quarter Last Quarter End Chaitra End Poush 2070 ( (14 APR, 2014) JAN, 2014) 3.1 Interest Income 482, , , Interest Expense 286, , ,475 A. Net Interest Income ( ) 196, , , Fees, Commission and Discount 5,698 3,999 6, Other Operating Income 18,845 12,131 21, Foreign Exchange Gain/Loss (Net) 8,079 7,553 3,691

2 B. Total Operating Income (A ) 228, , , Staff Expenses 41,597 28,959 39, Other Operating Expenses 56,509 36,864 56,985 C. Operating Profit Before Provision (B ) 130,597 88, , Provision for Possible Losses / NBA 81,296 49, ,879 D. Operating Profit (C. 3.8) 49,301 39,330 (44,073) 3.9 Non Operating Income/Expenses (Net) Write Back of Provision for Possible Loss 30,502 20,188 92,362 E. Profit from Regular Activities (D ) 80,367 59,968 48, Extraordinary Income/Expenses (Net) 4,417 74,747 F. Profit before Bonus and Taxes (E. 3.11) 75,950 59,968 (25,915) 3.12 Provision for Staff Bonus 6,905 5, Provision for Tax 20,714 16,355 G. Net Profit/Loss (F ) 48,332 38,161 (25,915) 4 Ratios This Quarter End Chaitra 2070 (13 APR, 2014) Last Quarter End Poush 2070 (14 JAN, 2014) 4.1 Capital Fund to RWA 15.07% 13.84% 13.37% 4.2 Non Performing Loan (NPL) to Total Loan 5.67% 4.61% 5.32% 4.3 Total Loan Loss Provision to Total NPL 85.59% 92.61% 62.55% 4.4 Cost Of Funds 5.84% 5.91% 7.12% 4.5 CD Ratio (Calculated as per NRB Directives) 66.47% 66.88% 74.25% 4.6 Base Rate 8.18% 8.52% 4.7 Average Interest Rate Spread (Calculated as per NRB Directi 5.53% 6.32% * Figures regrouped wherever necessary. * Loans & Advances are disclosed net of loan loss provision * Above figures are subject to change if directed by the regulators and /or external auditors,

3 Publication of information as required by Securities Regulation and Issuance Rules 2065 (Related to Sub Rule (2) of Rule 22), Annex 14 3 rd Quarter of Financial Year 2070/71 1. Financial Statements a. Unaudited balance sheet and Profit & loss of 3 rd Quarter of FY 2070/71 have been published along with this report. b. Key Financial Indicators Earnings Per Share (Annualised) NRs.7.79 Market Value Per Share NRs.183 Price Earnings Ratio (PE Ratio) Liquidity 36.74% Net Worth Per Share NRs Management Analysis: a. There have been changes in the reserves, profitability and liquidity situation during the period. Reserve has been increased due to the increment in profitability. b. Ace s focus will be to recover from the defaulting borrowers as well as to increase the clientele base substantially by offering new products. 3. Related Party Disclosure The development bank invested Rs.70 million in equity share capital of Ace Capital Ltd in FY 2067/68. The development bank entered into a management contract with Ace Capital Ltd. for looking after the entire management of the subsidiary for a monthly fee of Rs.250 thousand. Employees from the development bank are deputed in various positions of the Ace Capital Ltd. The outstanding balance of deposits of Ace Capital with the development bank was Rs million as on the end of Chaitra, 2070 and interest on these deposits, amounting to Rs.2.14 million was paid to it by the third quarter end of this FY. Ace capital ltd is appointed as registrar to share (RTS) of Ace development Bank Ltd with an annual fee of Rs.120 thousand. All transactions between the development bank and Ace capital Ltd. are done in arm s length price. 4. Details of Legal Action: During the review period: a. Case filed by or against the development bank during the period: The development bank has filed a case in district court and debt recovery tribunal against the borrower/related persons during the loan recovery process. A case is pending in the Supreme Court and revenue tribunal which is related to income tax assessment by Inland Revenue Department. b. Case relating to disobedience of the prevailing laws or commission of the criminal offence filed by or against the promoters or directors of the Institution.

4 No such information has been received by the development bank. c. Case relating to the commission of financial crime filed against any promoter or director. No such information has been received by the development bank. 5. Details of the Share Transaction a. Management view: Market price of the institution s shares listed in the Nepal Stock Exchange Limited is determined by the market factors. Therefore, management is neutral on ruling the share price of the institution. However, the institution discloses the material information relevant to the market as per the prevailing regulations and as and when required. b. Maximum, minimum and last share price of the institution including total number of the shares traded and transaction day: Maximum Price : Rs. 257 Minimum Price : Rs. 175 Closing Price : Rs. 183 No. of Trades : 147 Days of Trading : 34 Days 6. Problems and Challenges: a. Internal Problems & Challenges i. Pressure on cost of operation due to the high inflation in the economy. ii. Retention of human resources in a highly competitive market. Strategy to manage the internal problems and challenges: i. Institution has adopted a practice for optimum & more economical use of resources. ii. Human resource management trainings as well as motivational programs are in place to enhance the productivity of employees and to retain best talents. b. External Problems & Challenges: i. Worsening political situation of the country. ii. Economic crisis to the majority of customers in the business. Strategy to manage the external problems and challenges: i. Management is closely monitoring the existing political economic situation of the country and reshaping the strategy accordingly. ii. We are more concerned about sector wise Exposure diversification. 7. Corporate Governance: Corporate governance is the focal point of the institution. The institution has taken the following steps to strengthen the corporate governance: a. The Board of directors of the institution is responsible and accountable to the shareholders of the institution. The board formulates the policy and guides the management to execute those policies.

5 b. The Audit Committee headed by the non executive director meets quarterly or as and when required and review the reports from external and internal auditors and provides the feedback to the board of directors as required. c. The Risk Management Committee headed by the non executive director meets regularly and evaluates the quality of the risk assets portfolio of the institution and suggests board of directors as required. d. The institution has Asset and Liability Committee (ALCO), HR management & services committee and others sub committees as required. These setups meet regularly on the respective issues and suggest/recommend the designated authority accordingly. e. The Annual General Meeting is the annual forum when all the stakeholders meet and communicate with each other regarding the various aspects of the institution. 8. Disclosure of the Acting Chief Executive Officer: I am personally responsible for the correctness of the facts and figures disclosed in this report. Also, to the extent of my knowledge, facts and figures disclosed in this report are correct and comprehensive and all the material information relevant to take proper investment decision for the investors are disclosed properly in this statement.

Welcome to workshop on revised schedule VI. K. Chandra Sekhar Company Secretary Ace Designers Limited, Bangalore

Welcome to workshop on revised schedule VI. K. Chandra Sekhar Company Secretary Ace Designers Limited, Bangalore Welcome to workshop on revised schedule VI K. Chandra Sekhar Company Secretary Ace Designers Limited, Bangalore 1 Relevant provisions Indian Companies Act, 1956 Rules Notifications Circulars Accounting

More information

Brief Report on Closing of Accounts (connection) for the Term Ended March 31, 2007

Brief Report on Closing of Accounts (connection) for the Term Ended March 31, 2007 MARUHAN Co., Ltd. Brief Report on Closing of (connection) for the Term Ended March 31, 2007 (Amounts less than 1 million yen omitted) 1.Business Results for the term ended on March, 2007 (From April 1,

More information

Interim Consolidated Financial Statements (Unaudited)

Interim Consolidated Financial Statements (Unaudited) Interim Consolidated Financial Statements (Unaudited) For the Six Months Ended, NTT FINANCE CORPORATION This document has been translated and reclassified from a part of the Japanese

More information

1-3Q of FY2014 87.43 78.77 1-3Q of FY2013 74.47 51.74

1-3Q of FY2014 87.43 78.77 1-3Q of FY2013 74.47 51.74 January 30, 2015 Resona Holdings, Inc. Consolidated Financial Results for the Third Quarter of Fiscal Year 2014 (Nine months ended December 31, 2014/Unaudited) Code number: 8308 Stock

More information

Consolidated Financial Review for the First Quarter Ended June 30, 2004

Consolidated Financial Review for the First Quarter Ended June 30, 2004 Consolidated Financial Review for the First Quarter Ended August 9, 2004 Company Name: Head Office: Tokyo, Japan URL: Stock exchange listing: Tokyo Stock Exchange 1ST Section Code number: 6481 Representative:

More information

Financial Status, Operating Results and Risk Management

Financial Status, Operating Results and Risk Management Financial Status, Operating Results and Risk Management 87 Financial Status 88 89 90 90 90 95 95 Operating Results Cash Flow Effects of Major Capital Expenditures in the Most Recent Fiscal Year on Financial

More information

Consolidated Financial Results for the Fiscal Year Ended March 31, 2016 [under Japanese GAAP]

Consolidated Financial Results for the Fiscal Year Ended March 31, 2016 [under Japanese GAAP] This English version is a translation of the original Japanese document and is only for reference purposes. In the case where any differences occur between the English version and the original Japanese

More information

Brief Statement of the Third Quarter Financial Results for the Fiscal Year Ending March 2016 [Japanese GAAP (Consolidated)]

Brief Statement of the Third Quarter Financial Results for the Fiscal Year Ending March 2016 [Japanese GAAP (Consolidated)] (Translation for reference only) In the event of any discrepancy between this translated document and the original Japanese document the original document shall prevail. Brief Statement of the Third Quarter

More information

Consolidated and Non-Consolidated Financial Statements

Consolidated and Non-Consolidated Financial Statements May 13, 2016 Consolidated and Non-Consolidated Financial Statements (For the Period from April 1, 2015 to March 31, 2016) 1. Summary of Operating Results (Consolidated) (April 1,

More information

Overview of Business Results for the 2nd Quarter of Fiscal Year Ending March 31, 2012 (2Q FY2011)

Overview of Business Results for the 2nd Quarter of Fiscal Year Ending March 31, 2012 (2Q FY2011) November 8, 2011 Overview of Business Results for the 2nd Quarter of Fiscal Year Ending March 31, 2012 () Name of the company: Iwatani Corporation Share traded: TSE, OSE, and NSE first sections Company

More information

Consolidated Financial Summary For the third quarter of the fiscal year ending March 31, 2009

Consolidated Financial Summary For the third quarter of the fiscal year ending March 31, 2009 Monex Group, Inc. Consolidated Financial Summary under Japanese GAAP for the third quarter of the fiscal year ending March 31, 2009 (April 1, 2008-December 31, 2008) This is an English translation of Japanese

More information

E.I.D.-PARRY (INDIA) LIMITED

E.I.D.-PARRY (INDIA) LIMITED Statement of Standalone Unaudited results for the quarter and six months ended September 30, 2012 www.eidparry.com Stand-alone Company Results Previous year ended Sept 30, Jun 30, Sept 30, Sept 30, Sept

More information

Insurance Broker Guidance Notes

Insurance Broker Guidance Notes Balance Sheet Liabilities 1. Other liabilities include items below: 1.1. Borrowings refers to the amount outstanding including accrued interest in respect of any overdraft arrangements or loans taken by

More information

Consolidated Summary Report < under US GAAP> for the Fiscal Year Ended March 31, 2001

Consolidated Summary Report < under US GAAP> for the Fiscal Year Ended March 31, 2001 Consolidated Summary Report < under US GAAP> for the Fiscal Year Ended March 31, 2001 Date: August 2, 2001 Company Name (code number) : Mitsubishi Tokyo Financial Group, Inc. (8306) (The Mitsubishi Trust

More information

September 30, 2014. September 30, 2015 1,079.51 854.88 684.59 1,934.39 1,513.12 2,104.78

September 30, 2014. September 30, 2015 1,079.51 854.88 684.59 1,934.39 1,513.12 2,104.78 SASKEN COMMUNICATION TECHNOLOGIES LIMITED 139/25, RING ROAD, DOMLUR, BANGALORE 560 071 AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, (Rs. in lakhs) PART I Quarter

More information

Rev Re i v sed e Scheduled VI Dhinal Shah Charte Chart re r d Accoun Accoun a t nt

Rev Re i v sed e Scheduled VI Dhinal Shah Charte Chart re r d Accoun Accoun a t nt Revised Scheduled VI Dhinal Shah Chartered Accountant Structure of Presentation Setting the Context Structure of Revised Schedule VI Key Changes Key Points Setting the Context Setting the Context Towards

More information

Consolidated Financial Results for Fiscal Year 2013 (April 1, 2013 March 31, 2014)

Consolidated Financial Results for Fiscal Year 2013 (April 1, 2013 March 31, 2014) Consolidated Financial Results for Fiscal Year 2013 (April 1, 2013 March 31, 2014) 28/4/2014 Name of registrant: ShinMaywa Industries, Ltd. Stock Exchange Listed: Tokyo Code number: 7224 (URL: http://www.shinmaywa.co.jp

More information

1 CONSOLIDATED FINANCIAL STATEMENTS (1) Consolidated Balance Sheets

1 CONSOLIDATED FINANCIAL STATEMENTS (1) Consolidated Balance Sheets 1 CONSOLIDATED FINANCIAL STATEMENTS (1) Consolidated Balance Sheets As of March 31,2014 As of March 31,2015 Assets Cash and due from banks 478,425 339,266 Call loans and bills bought 23,088 58,740 Monetary

More information

Net sales Operating income Ordinary income Net income

Net sales Operating income Ordinary income Net income MORITO CO., LTD. Financial Statement (Unaudited) For the Third Quarters of the Fiscal Year ended November 30, 2015 (Translated from the Japanese original) October 9, 2015 Corporate Information Code: 9837

More information

Indiabulls Housing Finance Limited (CIN: L65922DL2005PLC136029) Unaudited Consolidated Financial Results for the quarter and six months ended

Indiabulls Housing Finance Limited (CIN: L65922DL2005PLC136029) Unaudited Consolidated Financial Results for the quarter and six months ended Indiabulls Housing Finance Limited (CIN: L65922DL2005PLC136029) Unaudited Consolidated Financial Results for the quarter and six months ended September 30, 2015 PART I Statement of Consolidated Unaudited

More information

Understanding Bank Ratios

Understanding Bank Ratios The Directors Education Series Understanding Bank Ratios Bankers Insight Group, LLC JEFFERY W. JOHNSON What Banking Factors Should be Measured? Asset Quality Capital Adequacy Earnings Liquidity 1 Asset

More information

Consolidated Summary Report

Consolidated Summary Report <under Japanese GAAP> Consolidated Summary Report for the three months ended June 30, 2014 July 31, 2014 Company name: Mitsubishi UFJ Financial Group, Inc. Stock exchange listings: Tokyo, Nagoya, New York

More information

Annual dividend 3Q end

Annual dividend 3Q end Summary of the 1 st Quarter Financial Statements for the First Three Months of FY2016 [JGAAP] (Consolidated) August 1, 2016 Listed Exchange TSE Company Name Aozora Bank, Ltd. URL http://www.aozorabank.co.jp/

More information

Closing Announcement of First Quarter of the Fiscal Year Ending March 31, 2016 [Japanese Standards] (Consolidated)

Closing Announcement of First Quarter of the Fiscal Year Ending March 31, 2016 [Japanese Standards] (Consolidated) Closing Announcement of First Quarter of the Fiscal Year Ending March 31, 2016 [Japanese Standards] (Consolidated) August 4, 2015 Name of Listed Company: Arisawa Mfg. Co., Ltd. Listed on the Tokyo Stock

More information

implementing management vision looking forward five years

implementing management vision looking forward five years Results for the interim period of the year ending March 31, The Asahi Bank, Ltd. 1. Strong earnings base : Net operating profit exceeded forecast issued at the beginning of the period Sharp focus on domestic

More information

(2)Adoptions of simplified accounting methods and accounting methods particular to the presentation of quarterly financial statements: None

(2)Adoptions of simplified accounting methods and accounting methods particular to the presentation of quarterly financial statements: None Financial Statement for the Six Months Ended September 30, 2015 Name of listed company: Mipox Corporation Stock Code: 5381 (URL http://www.mipox.co.jp) Name and Title of Representative: Jun Watanabe, President

More information

Sub: Reg. 33-Un-Audited Financial Results for the Quarter ended 31.12.2015

Sub: Reg. 33-Un-Audited Financial Results for the Quarter ended 31.12.2015 JCT LIMITED Corporate Office: 305, 3 rd Floor, Rattan Jyoti, 18 Rajendra Place, New Delhi-110008 Phone: 91-11-46290000; Fax: 25812222 Website: www.jct.co.in; E-mail: jctsecretarial@jctltd.com February

More information

FINANCIAL DISCLOSURES FOR THE QUARTER ENDED JUNE 30, 2013

FINANCIAL DISCLOSURES FOR THE QUARTER ENDED JUNE 30, 2013 REGISTRATION NO 104: DATE OF REGISTRATION WITH IRDA : NOVEMBER 15, 2000 FINANCIAL DISCLOSURES FOR THE QUARTER ENDED JUNE 30, 2013 Form No Description Pages L-01 REVENUE ACCOUNT 2-5 L-02 PROFIT & LOSS ACCOUNT

More information

JOHN WILEY & SONS, INC. UNAUDITED SUMMARY OF OPERATIONS FOR THE FIRST QUARTER ENDED JULY 31, 2011 AND 2010 (in thousands, except per share amounts)

JOHN WILEY & SONS, INC. UNAUDITED SUMMARY OF OPERATIONS FOR THE FIRST QUARTER ENDED JULY 31, 2011 AND 2010 (in thousands, except per share amounts) UNAUDITED SUMMARY OF OPERATIONS FOR THE FIRST QUARTER ENDED JULY 31, 2011 AND 2010 (in thousands, except per share amounts) US GAAP First Quarter Ended Revenue $ 430,069 407,938 5% Costs and Expenses Cost

More information

Citibank Japan, LTD ( CJL ) 2-3-14 Higashi-shinagawa, Shinagawa-ku, Tokyo Representative Director, President & CEO Darren Buckley

Citibank Japan, LTD ( CJL ) 2-3-14 Higashi-shinagawa, Shinagawa-ku, Tokyo Representative Director, President & CEO Darren Buckley Financial Publication for Fiscal Year Ended March 31, 2009 June 30, 2009 Citibank Japan, LTD ( CJL ) 2-3-14 Higashi-shinagawa, Shinagawa-ku, Tokyo Representative Director, President & CEO Darren Buckley

More information

Northwest Bancshares, Inc. Announces Quarterly Earnings and Dividend Declaration

Northwest Bancshares, Inc. Announces Quarterly Earnings and Dividend Declaration EARNINGS RELEASE FOR IMMEDIATE RELEASE Contact: William J. Wagner, President and Chief Executive Officer (814) 726-2140 William W. Harvey, Jr., Executive Vice President and Chief Financial Officer (814)

More information

Ricoh Company, Ltd. INTERIM REPORT (Non consolidated. Half year ended September 30, 2000)

Ricoh Company, Ltd. INTERIM REPORT (Non consolidated. Half year ended September 30, 2000) Ricoh Company, Ltd. INTERIM REPORT (Non consolidated. Half year ended September 30, 2000) *Date of approval for the financial results for the half year ended September 30, 2000, at the Board of Directors'

More information

Excerpt from the ACGR on Enterprise Risk Management

Excerpt from the ACGR on Enterprise Risk Management Excerpt from the ACGR on Enterprise Risk Management F. RISK MANAGEMENT SYSTEM 1) Disclose the following: (a) Overall risk management philosophy of the company; Objectives and Policies The Group has significant

More information

Half Year Financial Statement And Announcement for the Period Ended 31/12/2010

Half Year Financial Statement And Announcement for the Period Ended 31/12/2010 AUSSINO GROUP LTD Company Registration No.: 199100323H Half Year Financial Statement And Announcement for the Period Ended 31/12/2010 PART I - INFORMATION REQUIRED FOR ANNOUNCEMENTS OF QUARTERLY (Q1, Q2

More information

(Unofficial Translation) Consolidated Summary Report under Japanese GAAP for the Nine Months Ended December 31, 2011 February 13, 2012

(Unofficial Translation) Consolidated Summary Report under Japanese GAAP for the Nine Months Ended December 31, 2011 February 13, 2012 (Unofficial Translation) Consolidated Summary Report under Japanese GAAP for the Nine Months Ended December 31, 2011 February 13, 2012 Company Name: The Dai-ichi Life Insurance Company, Limited Stock exchange

More information

Roche Capital Market Ltd Financial Statements 2009

Roche Capital Market Ltd Financial Statements 2009 R Roche Capital Market Ltd Financial Statements 2009 1 Roche Capital Market Ltd, Financial Statements Reference numbers indicate corresponding Notes to the Financial Statements. Roche Capital Market Ltd,

More information

Basel II, Pillar 3 Disclosure for Sun Life Financial Trust Inc.

Basel II, Pillar 3 Disclosure for Sun Life Financial Trust Inc. Basel II, Pillar 3 Disclosure for Sun Life Financial Trust Inc. Introduction Basel II is an international framework on capital that applies to deposit taking institutions in many countries, including Canada.

More information

INSURANCE COMPANIES ORDINANCE (CAP. 41)... (Name of company making this application)

INSURANCE COMPANIES ORDINANCE (CAP. 41)... (Name of company making this application) Form IA-6G INSURANCE COMPANIES ORDINANCE (CAP. 41)... (Name of company making this application) Application for Authorization to carry on General Business in or from Hong Kong 1. We certify that we are

More information

Actuarial Society of India

Actuarial Society of India Actuarial Society of India EXAMINATIONS November 2004 SUBJECT - 108: Finance and Financial Reporting Indicative Solution S-108 Page 1 of 7 1 D 2 C 3 B 4 D 5 D 6 A 7 B 8 C 9 B 10 D 11 Trade credit is short-term

More information

SUMITOMO DENSETSU CO., LTD. AND SUBSIDIARIES. Consolidated Financial Statements

SUMITOMO DENSETSU CO., LTD. AND SUBSIDIARIES. Consolidated Financial Statements SUMITOMO DENSETSU CO., LTD. AND SUBSIDIARIES Consolidated Financial Statements Report of Independent Public Accountants To the Board of Directors of Sumitomo Densetsu Co., Ltd. : We have audited the consolidated

More information

CANADIAN TIRE BANK. BASEL PILLAR 3 DISCLOSURES December 31, 2014 (unaudited)

CANADIAN TIRE BANK. BASEL PILLAR 3 DISCLOSURES December 31, 2014 (unaudited) (unaudited) 1. SCOPE OF APPLICATION Basis of preparation This document represents the Basel Pillar 3 disclosures for Canadian Tire Bank ( the Bank ) and is unaudited. The Basel Pillar 3 disclosures included

More information

The first quarter was highlighted by:

The first quarter was highlighted by: Mercantile Bank Corporation Reports Strong First Quarter 2013 Results Diluted earnings per share increased 79 percent Continued asset quality improvement and outlook remains positive GRAND RAPIDS, Mich.,

More information

The Northern Trust Company, Canada Basel III Pillar lll Disclosure as at December 31, 2015

The Northern Trust Company, Canada Basel III Pillar lll Disclosure as at December 31, 2015 The Northern Trust Company, Canada Basel III Pillar lll Disclosure as at December 31, 2015 Subject to Board Approval Posting date: January 29, 2016 Contents NORTHERN TRUST OVERVIEW AND SCOPE OF APPPLICATION.

More information

Directors Review. Domestic Economy

Directors Review. Domestic Economy Directors Review On behalf of the Board of Directors, I am pleased to present the condensed interim unconsolidated financial statements for the half year ended June 30, 2015. Domestic Economy Pakistan

More information

Audit Report of Independent Certified Public Accountants

Audit Report of Independent Certified Public Accountants Audit Report of Independent Certified Public Accountants The Board of Directors Acer Incorporated: We have audited the non-consolidated balance sheets of Acer Incorporated (the Company ) as of June 30,

More information

TIL LIMITED. ` in Lakhs Audited Consolidated Segment wise Revenue, Results and Capital Employed, as per Clause 41 of the Listing Agreement.

TIL LIMITED. ` in Lakhs Audited Consolidated Segment wise Revenue, Results and Capital Employed, as per Clause 41 of the Listing Agreement. TIL LIMITED AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2014 PART-I Particulars 31st March 2014 31st December 2013 31st March 2013 31st March 2014 31st March 2013 (Refer

More information

HARMONIC DRIVE SYSTEMS INC. AND CONSOLIDATED SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS MARCH 31, 2013

HARMONIC DRIVE SYSTEMS INC. AND CONSOLIDATED SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS MARCH 31, 2013 HARMONIC DRIVE SYSTEMS INC. AND CONSOLIDATED SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS MARCH 31, 2013 HARMONIC DRIVE SYSTEMS INC. AND CONSOLIDATED SUBSIDIARIES CONSOLIDATED BALANCE SHEETS ASSETS

More information

Consolidated Financial Results

Consolidated Financial Results UFJ Holdings, Inc. November 25, 2003 For the Six Months Ended September 30, 2003 UFJ Holdings, Inc. today reported the company's consolidated financial results for the six months ended September 30, 2003.

More information

HABIB BANK LIMITED BALANCE SHEET AS AT MARCH 31, 2005 (Unaudited) (Audited) March 31, December 31, Note 2005 2004 (Rupees in '000) ASSETS

HABIB BANK LIMITED BALANCE SHEET AS AT MARCH 31, 2005 (Unaudited) (Audited) March 31, December 31, Note 2005 2004 (Rupees in '000) ASSETS HABIB BANK LIMITED BALANCE SHEET AS AT MARCH 31, 2005 (Unaudited) (Audited) Note ASSETS Cash and balances with treasury banks 31,546,678 31,934,375 Balances with other banks 28,226,519 24,005,342 Lendings

More information

NEPAL ACCOUNTING STANDARDS ON CASH FLOW STATEMENTS

NEPAL ACCOUNTING STANDARDS ON CASH FLOW STATEMENTS NAS 03 NEPAL ACCOUNTING STANDARDS ON CASH FLOW STATEMENTS CONTENTS Paragraphs OBJECTIVE SCOPE 1-3 BENEFITS OF CASH FLOWS INFORMATION 4-5 DEFINITIONS 6-9 Cash and cash equivalents 7-9 PRESENTATION OF A

More information

INSTRUCTIONS QUARTERLY REPORTING (C.B. 40/1 TO 40/4)

INSTRUCTIONS QUARTERLY REPORTING (C.B. 40/1 TO 40/4) INSTRUCTIONS QUARTERLY REPORTING (C.B. 40/1 TO 40/4) The Quarterly Reports are to be completed by all financial Institutions for the periods January March, April-June, July September and October December

More information

Summary of Financial Results for the Three Months Ended June 30, 2015

Summary of Financial Results for the Three Months Ended June 30, 2015 Summary of Financial Results for the Three Months Ended June 30, 2015 (Non-Consolidated) August 7, 2015 Company name: JAPAN POST BANK Co., Ltd. Website: http://www.jp-bank.japanpost.jp/

More information

14 Paid Up Equity Share Capital 11,353 11,352 11,351 11,353 11,351 11,352 (Face Value of ` 10 each) 15 Reserve excluding Revaluation Reserve 740,298

14 Paid Up Equity Share Capital 11,353 11,352 11,351 11,353 11,351 11,352 (Face Value of ` 10 each) 15 Reserve excluding Revaluation Reserve 740,298 STATEMENT OF CONSOLIDATED UNAUDITED RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER 2012 Half Year Ended Year Ended 1 Income from Operation (a) Net Sales / Income from Operations (Net of Excise

More information

Securities Businessperson (Stock Broker, Securities Dealer and Market Maker) Regulations, 2064 (2008)

Securities Businessperson (Stock Broker, Securities Dealer and Market Maker) Regulations, 2064 (2008) Securities Businessperson (Stock Broker, Securities Dealer and Market Maker) Regulations, 2064 (2008) In exercise of the power conferred by Section 116 of Securities Related Act, 2063 (2007), Securities

More information

Consolidated Financial Statements 2009

Consolidated Financial Statements 2009 Consolidated Financial Statements 2009 (April 1, 2009 - March 31, 2010) Senkon Logistics Co., Ltd. CONSOLIDATED BALANCE SHEET ASSETS (As of March 31,2009) (As of March 31,2010) Current assets Cash and

More information

Note: Amounts of less than one million yen are truncated, and percentages have been rounded to the nearest percent.

Note: Amounts of less than one million yen are truncated, and percentages have been rounded to the nearest percent. Consolidated Financial Summary (For the fiscal year 2002 ended March 31, 2003) May 22, 2003 Name of Company: Taiyo Life Insurance Company Stock Listing: Tokyo Security Code No.: 8796 Head Office: Tokyo,

More information

INTERACTIVE BROKERS GROUP ANNOUNCES 2015 RESULTS

INTERACTIVE BROKERS GROUP ANNOUNCES 2015 RESULTS INTERACTIVE BROKERS GROUP ANNOUNCES 2015 RESULTS REPORTS COMPREHENSIVE EARNINGS PER SHARE OF $0.62, INCOME BEFORE TAXES OF $458 MILLION ON $1,189 MILLION IN NET REVENUES, AND EARNINGS PER SHARE ON NET

More information

The Sumitomo Warehouse Co., Ltd.

The Sumitomo Warehouse Co., Ltd. Consolidated Financial Results for the Year Ended March 31, 2014[ Japan GAAP ] May 13, 2014 The Sumitomo Warehouse Co., Ltd. Securities code: 9303 Stock exchange listings: URL: Representative: Inquiries:

More information

Controls and accounting policies

Controls and accounting policies Controls and accounting policies Controls and procedures Management s responsibility for financial information contained in this Annual Report is described on page 92. In addition, the Bank s Audit and

More information

THREE MONTH REPORT, JANUARY 1 MARCH 31, 2014

THREE MONTH REPORT, JANUARY 1 MARCH 31, 2014 THREE MONTH REPORT, JANUARY 1 MARCH 31, 2014-1 - First Quarter, January March 2014 Net sales amounted to 0 Euro (0) Operating profit/loss amounted to -42 007 Euro (-12 094) Net profit/loss for the period

More information

Quarterly Report. For the three month period ended. April 30, 2015

Quarterly Report. For the three month period ended. April 30, 2015 Quarterly Report For the three month period ended April 30, 2015 The attached unaudited interim condensed consolidated financial statements have been prepared by Management of International Datacasting

More information

October 21, 2015 MEDIA & INVESTOR CONTACT Heather Worley, 214.932.6646 heather.worley@texascapitalbank.com

October 21, 2015 MEDIA & INVESTOR CONTACT Heather Worley, 214.932.6646 heather.worley@texascapitalbank.com October 21, 2015 MEDIA & INVESTOR CONTACT Heather Worley, 214.932.6646 heather.worley@texascapitalbank.com TEXAS CAPITAL BANCSHARES, INC. ANNOUNCES OPERATING RESULTS FOR Q3 2015 DALLAS - October 21, 2015

More information

Independent Oil & Resources ASA 4. quarter 2008

Independent Oil & Resources ASA 4. quarter 2008 4. quarter 2008 Operation and business management Independent Oil & Resources ASA ( IOR or the Company ) is an investment and holding company, located in Stavanger. The Company's shares are traded at the

More information

Dumfries Mutual Insurance Company Financial Statements For the year ended December 31, 2010

Dumfries Mutual Insurance Company Financial Statements For the year ended December 31, 2010 Dumfries Mutual Insurance Company Financial Statements For the year ended December 31, 2010 Contents Independent Auditors' Report 2 Financial Statements Balance Sheet 3 Statement of Operations and Unappropriated

More information

Notes to Consolidated Financial Statements Notes to Non-consolidated Financial Statements

Notes to Consolidated Financial Statements Notes to Non-consolidated Financial Statements This document has been translated from the Japanese original for reference purposes only. In the event of discrepancy between this translated document and the Japanese original, the original shall prevail.

More information

LONG FORM AUDIT REPORT Of.. LIMITED For the year ended.. Ashad 206 (Corresponding to..july 20 ) Auditor:

LONG FORM AUDIT REPORT Of.. LIMITED For the year ended.. Ashad 206 (Corresponding to..july 20 ) Auditor: cg';"rl @!=& LONG FORM AUDIT REPORT Of.. LIMITED For the year ended.. Ashad 206 (Corresponding to..july 20 ) Auditor: M/s. 1 1. AUDIT APPROACH 1.1 Brief description of the Audit plan with focus on the

More information

INDUSTRIAL-ALLIANCE LIFE INSURANCE COMPANY. FIRST QUARTER 2000 Consolidated Financial Statements (Non audited)

INDUSTRIAL-ALLIANCE LIFE INSURANCE COMPANY. FIRST QUARTER 2000 Consolidated Financial Statements (Non audited) INDUSTRIAL-ALLIANCE LIFE INSURANCE COMPANY FIRST QUARTER 2000 Consolidated Financial Statements (Non audited) March 31,2000 TABLE OF CONTENTS CONSOLIDATED INCOME 2 CONSOLIDATED CONTINUITY OF EQUITY 3 CONSOLIDATED

More information

TSH- 31 Dec 2014 Announcement

TSH- 31 Dec 2014 Announcement 0073/00011527/en Annual Financial Report A. TSOKKOS HOTELS PUBLIC LTD TSH see attachments (en) TSH- 31 Dec 2014 Announcement Attachments: 1. TSH- 31 Dec 2014 Announcement 2. TSH - PL and Balance sheet

More information

Quarterly Financial Results for the Fiscal Year Ending September 30, 2016 (J-GAAP)

Quarterly Financial Results for the Fiscal Year Ending September 30, 2016 (J-GAAP) February 10, 2016 Quarterly Financial Results for the Fiscal Year Ending September 30, 2016 (J-GAAP) (1st Quarter / October 1, 2015 December 31, 2015) Company Name Hosokawa Micron Corporation Stock Exchange

More information

News Release January 28, 2016. Performance Review: Quarter ended December 31, 2015

News Release January 28, 2016. Performance Review: Quarter ended December 31, 2015 News Release January 28, 2016 Performance Review: Quarter ended December 31, 20% year-on-year growth in total domestic advances; 24% year-on-year growth in retail advances 18% year-on-year growth in current

More information

The Sumitomo Trust & Banking Co., Ltd.

The Sumitomo Trust & Banking Co., Ltd. Financial Results for the First Quarter of Fiscal Year 2008 July 30, 2008 Tokyo office : GranTokyo South Tower 192 Marunouchi, Chiyodaku, Tokyo, Japan Stock exchange listings : Tokyo and Osaka (code: 8403)

More information

Consolidated Interim Earnings Report

Consolidated Interim Earnings Report Consolidated Interim Earnings Report For the Six Months Ended 30th September, 2003 23th Octorber, 2003 Hitachi Capital Corporation These financial statements were prepared for the interim earnings release

More information

For personal use only

For personal use only Rule 4.7B Quarterly report for entities admitted on the basis of commitments Name of entity Cordlife Ltd ABN Quarter ended ( current quarter ) 48 108 051 529 30 June 2011 Consolidated statement of cash

More information

Report & Un-Audited Accounts for the 1st Quarter Ended March, 2012. Give value to your moves... SERVICE INDUSTRIES LIMITED

Report & Un-Audited Accounts for the 1st Quarter Ended March, 2012. Give value to your moves... SERVICE INDUSTRIES LIMITED Report & Un-Audited Accounts for the 1st Quarter Ended March, 2012 Give value to your moves... SERVICE INDUSTRIES LIMITED CONTENTS Inside This Issue Directors Report to the Shareholders 2 Condensed Interim

More information

PFMA CHECKLIST FOR PUBLIC ENTITIES CORPORATE MANAGEMENT

PFMA CHECKLIST FOR PUBLIC ENTITIES CORPORATE MANAGEMENT PFMA CHECKLIST FOR PUBLIC ENTITIES CORPORATE MANAGEMENT NO. SECTION DESCRIPTION ACTION YES NO N/A COMMENTS 1. 49 Accounting Authority In terms of section 49(3) the relevant treasury, in exceptional circumstances,

More information

TERHAD. Training to Labuan Offshore Entities on Compilation of International Investment Position (IIP) Report

TERHAD. Training to Labuan Offshore Entities on Compilation of International Investment Position (IIP) Report TERHAD Training to Labuan Offshore Entities on Compilation of International Investment (IIP) Report September 2012 TERHAD 1. Equity Capital: A/L Definition Form DIa Exposures with Affiliated Enterprises

More information

COMPLETING A PERSONAL NET WORTH STATEMENT (Personal Net Worth Statements and Related Financial Information Are Not Subject To Public Disclosure Laws)

COMPLETING A PERSONAL NET WORTH STATEMENT (Personal Net Worth Statements and Related Financial Information Are Not Subject To Public Disclosure Laws) COMPLETING A PERSONAL NET WORTH STATEMENT (Personal Net Worth Statements and Related Financial Information Are Not Subject To Public Disclosure Laws) For New Applicants: All Owners Claiming Disadvantaged

More information

QUAINT OAK BANCORP, INC. ANNOUNCES SECOND QUARTER EARNINGS

QUAINT OAK BANCORP, INC. ANNOUNCES SECOND QUARTER EARNINGS FOR RELEASE: Tuesday, July 28, 2015 at 4:30 PM (Eastern) QUAINT OAK BANCORP, INC. ANNOUNCES SECOND QUARTER EARNINGS Southampton, PA Quaint Oak Bancorp, Inc. (the Company ) (OTCQX: QNTO), the holding company

More information

Unaudited financial report for the six-month period ending 30 June 2015. RWE Finance B.V. s-hertogenbosch, the Netherlands

Unaudited financial report for the six-month period ending 30 June 2015. RWE Finance B.V. s-hertogenbosch, the Netherlands Unaudited financial report for the six-month period ending 30 June 2015 RWE Finance B.V. s-hertogenbosch, the Netherlands Content Interim report of the directors 3-5 Interim report of the directors 4-5

More information

IFRS Reference Quarterly Consolidated Financial Statements

IFRS Reference Quarterly Consolidated Financial Statements Quarterly Consolidated Financial Statements For the 6 months ended September 30, 2015 The statutory consolidated financial statements of Daiwa Securities Group Inc. filed under Financial Instruments and

More information

KBW Mortgage Finance Conference. June 2, 2015

KBW Mortgage Finance Conference. June 2, 2015 KBW Mortgage Finance Conference June 2, 2015 Forward Looking Statements This presentation contains forward looking statements within the meaning of the safe harbor provisions of the Private Securities

More information

Investor Presentation: Pricing of MRU s Private Student Loan. July 7, 2008 NASDAQ: UNCL

Investor Presentation: Pricing of MRU s Private Student Loan. July 7, 2008 NASDAQ: UNCL Investor Presentation: Pricing of MRU s Private Student Loan Securitization July 7, 2008 NASDAQ: UNCL Disclaimer and Disclosure Statement 1 Except for historical information contained herein, this presentation

More information

NEWS RELEASE BNCCORP, INC. REPORTS THIRD QUARTER NET INCOME OF $1.9 MILLION, OR $0.40 PER DILUTED SHARE SERIES A PREFERRED STOCK TO BE REDEEMED

NEWS RELEASE BNCCORP, INC. REPORTS THIRD QUARTER NET INCOME OF $1.9 MILLION, OR $0.40 PER DILUTED SHARE SERIES A PREFERRED STOCK TO BE REDEEMED NEWS RELEASE FOR FURTHER INFORMATION: WEBSITE: www.bnccorp.com TIMOTHY J. FRANZ, CEO TELEPHONE: (612) 305-2213 DANIEL COLLINS, CFO TELEPHONE: (612) 305-2210 BNCCORP, INC. REPORTS THIRD QUARTER NET INCOME

More information

Total Capital International Period from January 1 to March 31, 2014

Total Capital International Period from January 1 to March 31, 2014 KPMG Audit ERNST & YOUNG Audit This is a free translation into English of a report issued in French and it is provided solely for the convenience of English-speaking users. This report should be read in

More information

Our responsibility is to express an opinion on these standalone financial statements based on our audit.

Our responsibility is to express an opinion on these standalone financial statements based on our audit. INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF JET AIRWAYS TRAINING ACADEMY PRIVATE LIMITED Report on the Standalone Financial Statements We have audited the accompanying financial statements of JET AIRWAYS

More information

SAGICOR FINANCIAL CORPORATION

SAGICOR FINANCIAL CORPORATION Interim Financial Statements Nine-months ended September 30, 2015 FINANCIAL RESULTS FOR THE CHAIRMAN S REVIEW The Sagicor Group recorded net income from continuing operations of US $60.4 million for the

More information

4finance investor presentation for 3 month 2016 results. 2 June, 2016

4finance investor presentation for 3 month 2016 results. 2 June, 2016 4finance investor presentation for 3 month 2016 results 2 June, 2016 0 meur meur Highlights of First Quarter 2016 Solid results delivered Revenue up 30% to EUR 90.3 million Regulatory changes implemented

More information

Financial Overview INCOME STATEMENT ANALYSIS

Financial Overview INCOME STATEMENT ANALYSIS In the first half of 2006, China s economy experienced steady and swift growth as evidenced by a 10.9% surge in GDP. In order to prevent the economy from getting overheated and to curb excess credit extension,

More information

First Quarter 2011 Results Underlying net profit increased 61.6% to EUR 1,492 mln

First Quarter 2011 Results Underlying net profit increased 61.6% to EUR 1,492 mln First Quarter 2011 Results Underlying net profit increased 61.6% to EUR 1,492 mln Jan Hommen CEO Amsterdam 5 May 2011 www.ing.com ING Group posted strong first-quarter results ING Group underlying net

More information

Customer Investment Profile

Customer Investment Profile Customer Name: Account Number: Contact Number: The purpose of this investment profile form is for us to better understand your financial means, investment experience, investment objectives and general

More information

NOTES TO THE FINANCIAL STATEMENTS AS OF 31 DECEMBER 2006

NOTES TO THE FINANCIAL STATEMENTS AS OF 31 DECEMBER 2006 NOTES TO THE FINANCIAL STATEMENTS AS OF 31 DECEMBER 2006 (Amounts expressed in Euro ) (Translation of a report originally issued in Portuguese Note 49) Operations BNP Factor Companhia Internacional de

More information

GR VIETNAM HOLDINGS LIMITED * (Incorporated in Bermuda with limited liability) (Stock Code: 139)

GR VIETNAM HOLDINGS LIMITED * (Incorporated in Bermuda with limited liability) (Stock Code: 139) GR VIETNAM HOLDINGS LIMITED * (Incorporated in Bermuda with limited liability) (Stock Code: 139) INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2008 The Board of Directors (the Board

More information

SAMA GENERAL DEPARTMENT OF FINANCE COMPANIES CONTROL. Prudential Returns Handbook (Finance Companies)

SAMA GENERAL DEPARTMENT OF FINANCE COMPANIES CONTROL. Prudential Returns Handbook (Finance Companies) SAMA GENERAL DEPARTMENT OF FINANCE COMPANIES CONTROL Prudential Returns Handbook (Finance Companies) 1. Introduction Submission schedule All licensed finance companies in Saudi Arabia are required to submit

More information

Consolidated Management Indicators

Consolidated Management Indicators Consolidated Management Indicators Isetan Mitsukoshi Holdings Ltd., Consolidated Subsidiaries and Affiliated Companies Net sales Gross profit Selling, general and administrative expenses Operating income

More information

Roche Capital Market Ltd Financial Statements 2012

Roche Capital Market Ltd Financial Statements 2012 R Roche Capital Market Ltd Financial Statements 2012 1 Roche Capital Market Ltd - Financial Statements 2012 Roche Capital Market Ltd, Financial Statements Reference numbers indicate corresponding Notes

More information

American International Group, Inc.

American International Group, Inc. Financial Supplement Fourth Quarter 2013 All financial information in this document is unaudited. This report should be read in conjunction with AIG s Annual Report on Form 10-K for the year ended December

More information

Quarterly Securities Report

Quarterly Securities Report Quarterly Securities Report (The third quarter of the 39th fiscal year) ACOM CO., LTD. Quarterly Securities Report 1. This document has been outputted and printed by adding a table of contents and page

More information

Consolidated Balance Sheet March 31,2001

Consolidated Balance Sheet March 31,2001 Assets Consolidated Balance Sheet March 31,2001 Liabilities (in millions of yen) Cash and Due from Banks 5,011,232 Deposits 67,324,809 Call Loans and Bills Purchased 2,343,046 Negotiable Certificates of

More information

DISCLOSURE ON CAPITAL ADEQUACY & MARKET DISCIPLINE (CAMD)

DISCLOSURE ON CAPITAL ADEQUACY & MARKET DISCIPLINE (CAMD) DISCLOSURE ON CAPITAL ADEQUACY & MARKET DISCIPLINE (CAMD) A) Scope of Application : (a) This guidelines applies to Delta Brac Housing Finance Corporation Ltd. (b) (c) DBH has no subsidiary companies. Not

More information

FIRST BANKS, INC. ST. LOUIS, MISSOURI NEWS RELEASE FOR IMMEDIATE RELEASE: First Banks, Inc. Announces First Quarter 2014 Results

FIRST BANKS, INC. ST. LOUIS, MISSOURI NEWS RELEASE FOR IMMEDIATE RELEASE: First Banks, Inc. Announces First Quarter 2014 Results FIRST BANKS, INC. ST. LOUIS, MISSOURI NEWS RELEASE Contacts: Terrance M. McCarthy Lisa K. Vansickle President and Executive Vice President and Chief Executive Officer Chief Financial Officer First Banks,

More information