Balance Sheet and Profit Loss Account

The Ranchi-Khunti Central Co-operative Bank Ltd. RanchiBalance Sheet as at 31.03.2012Previous Year Sl.Capital & LiabilitiesAmountAmount Previous Year Sl.Properties & Assets` No.`` No.`500000000.00 1 Share Capital 500000000.00 500000000.00 1 Cash and Bank Balance(i) Authorised share Capital 500000/-6740669.52 (a) Cash in hand Rs. 8297282.55 8297282.55Share of Rs. 1000/- each.(ii) Subscribed Capital of which held by52883385.42 (b) C/A SCB Rs. 747085.68 294861453.74 303158736.29(Paid up)(c) C.A SBI Rs.7475.00 (a) Individual 34652.00 2 Balance 294114368.06 with other Bank7835084.00 (b) Cooperative Societies 8646993.00 34457354.20 (i) C/A 93024285.2150150000.00 (c) Government. 2614186.00 52884.47 (ii) S.B. 52884.470.00 (d) Other (Govt. Grant.) 47535814.00 58831645.002 Reserve fund & Other Reserve 307945.05 (iii) Other 93077169.6812585038.81 (a) Statutory Reserve 19207712.49 1289582457.73 3 Money at Call & Short notice 911236937.73 911236937.735481145.04 (b) Agriculture Stabilization fund 8219433.76 4 Investment10258.14 (c) Special Bad debt- Reserve 10258.14 500000.00 (a)Share with Bihar State Coop Sugar500000.00Federation1137532.44 (d) Special Bad & doubtful Reserve 1637532.44 1000.00 (b) Security with Central & State Govt. 1000.0030170.58 (e) Risk Fund of MFAL 17116.60 1031450.00 (c) Share with Bihar State Coop Bank 1031450.0037779.37 (f) Administrative fund 37779.37 2000.00 (d) Investment with Central ware Housing. 2000.0076959000.00 (g) Capital Reserve 76959000.00 50020000.00 (e) Investment with NABARD 50020000.005000000.00 (h) Building fund 7000000.00 30000000.00 (f) Investment with UTI Infrastructure 30000000.00 81554450.001500000.00 (I) Common good fund 2000000.00 5 Loans & Advances.6300000.00 (j) Staff gratuity fund 11300000.00Short term/ Cash Credit/over Draft/Bill discount ofwhich secured against coop Paper due from300000.00 (k) Other 300000.00 126688832.80 39836067.48 (a) Agriculture 27585536.173 Fixed Deposit & other Account. 41305646.19 (b) Non Agricultural 135037518.96 162623055.13(a) Fixed Deposit 6 Medium term loan314392234.87 (i) Individual /Security /PF 323964918.22 13537742.54 (a) Agriculture 13585681.727462.67 (ii) Other Societies 7462.67 323972380.89 6635221.41 (b) Non Agricultural 46268881.77 59854563.49(b) Saving Bank Deposit 279570.23 7 Blocked Loan 279570.23 279570.23379474389.80 (i) Individual 616513949.54 970806.41 8 Loans & Advances to Staff & other 974932.41 974932.4145253859.98 (ii) Other Societies 102301791.75 46014518.20 9 Interest Receivable 47567674.42 47567674.4238604655.47 (iii) Special S.B deposit 27272844.47 746088585.76 78296824.43 10 Furniture, Fixtures, Land & Building, 78010464.27 78010464.27(c) Current A/c Deposit & OthersVehicle & Dead Stock177991122.71 (i) Individual 77902532.682754128.77 (ii) Societies 4336344.14 0.001009297.76 (iii) Spl Current A/c Deposit 916088.86 83154965.68 11 other Properties4 Borrowings: 8159.00 (a) Library Account 8159.00From Reserve Bank of India/State Coop Bank 256833.68 (b) Saleable & Non Saleable forms 185558.7343479.00 (a) From SCB Patna 43479.00 6805560.53 (c) Claim under ARDR 6805560.53566466.57 (b) From State Govt. 564546.57 608025.57 1280.00 (d) Security deposit with SEB 450.00853.66 (e) Out standing Charges 853.66701527.55 5 Branch Adjustment 677056.55 677056.55 47208.77 (f) Establishment Claim Receivable form Govt.46014518.20 6 (i) Provision for unrealised intt. 47567674.42 1972359.30 (g) Sundry debtor A/c 1974914.3058817572.48 (ii) Provision for Bad & Doubtful Debt. NPA 69708580.47 23803.91 (h) Union subscription78615.29 (iii) Provision for Standard Assets 169223.66 540608.82 (i) FT Subsidy receivable from Govt. 540608.826805560.53 (iv) Provision for Pr.& int. under ARDR 6805560.53 0.00 (j) Consortium of fund 1300000000.0014896715.59 (v) Provision for defalcated Amount 14546715.59 23705461.68 (k) Other 25587941.29 1335104046.333939726.68 (vi) Provision for suspense with Bank 3939726.68 3385094.78 12 Int. Claim receivable from SCB Patna3385094.78 3385094.7812510000.00 (vii) Provision for UTI Infrastructure 12510000.00under P.Y.6212000.00 (viii) Other Provision 6212000.00 161459481.35 3646672.00 14 TDS Amount 5575324.00 5575324.0027036485.00 14 Interest Payable 26902449.00 26902449.00Amount`Amount`

Previous Year`Sl.No.Capital & LiabilitiesAmount`AmountPrevious Year`Sl.No.Properties & Assets1304443302.30 TOTAL`1528383422.60 1528383422.60 1732849439.41 TOTAL`3082402018.76 3082402018.761304443302.30 B.F. 1528383422.60 1528383422.60 1732849439.41 B.F. 3082402018.76 3082402018.7615 Other liabilities218520.09 (a) Bills Payable 79023.45162409.71 (b) Dividend Payable 308824.1185000.00 (c) Audit Fee 85000.00249692.42 (d) Federation levy 249692.4221227.00 (e) Share of Nominal Member3385094.78 (f) Int. Claim Payable to Branches Under3385094.78402181.13 P.Y. (g) ARDR Scheme 1990 waiver societies402181.13(h) Consortium of fund from DCCB 1335000000.00 1339509815.89100023699.00 16 Loan against F/D with Bank309341572.98 17 Sundries 198377492.27 198377492.2714516740.00 18 Profit 16131288.00Previous Year Profit 14516740.00During the year Profit 1614548.00Accumulated Profit 16131288.001732849439.41 Grand Total 3082402018.76 1732849439.41 Grand Total 3082402018.76AmountAmount`Sd/- J.P. Singh Sd/- S.K. Mishra Sd/-S.C. Karamkar Sd/- R.N. Tiwary Sd/-H.K. Pandey Sd/-L. Prasad Sd/-Devendra Singh Sd/-A. RajkamalAsstt. Acctt. Asstt. Acctt. Asstt. Acctt. Asstt. Acctt. Manager (Works) Manager (Inspection) Managing DirectorDeputy DevelopmentCommissioner, RanchiCum_ AdministratorThe R.K.C.C. Bank Ltd. RanchiAUDITORS' CERTIFICATECertified that the Balance Sheet of The Ranchi-Khunti Central Co-operative Bank Ltd. Ranchi as at 31.03.2012 and Profit & Loss account for the year 2011-2012 exhibittrue and correct view of the affairs of the Bank subject to observations and remarks made in the Audit Report which is also part and parcel of audit certificate.Certified that :-For Agarwal Mahesh K. & Co.I. In our opinion the Balance Sheet is full and fair one containing all the necessary particulars and is properly drawn up in conformity with laws, rules and regulations buta few exceptions.Chartered AccountantsFRN : 008007CII. As and when we have called for any explanation such explanation and information have been found satisfactory except observations made in the Audit Report.III.The transactions of the Bank brought to our notice have been within the competence of the Bank.IV.V.The Books of Accounts kept by the Bank nearly as required by laws and rules except in the cases of reconciliation of accounts and observations made in the AuditTheReport.Returns received from the Branches of the Bank and H.O. have been found adequate for the purpose of audit and observations made in the Audit Report. Sd/-CA M. K. AgarwalVI. The Profit and Loss account for the Year 2010-2011 exhibits the Correct balance of the Profit & Loss for the year subject to comments made in the Audit Report. PartnerM. No. 075704

THE RANCHI-KHUNTI CENTRAL CO-OPERATIVE BANK LTD. H.O, RANCHIPROFIT & LOSS BRANCHWISE AS ON 31.03.2012Sl. No. PART ICULARS OF EXPENDITURE Sl. No. PART ICULARS OF INCOME1 Interest Paid (Payable & Due) 100895374.12 1 Interest received & receivable2 Salaries & Allowances 33751570.95 a) Intt. received & receivable 105741382.273 Rent, taxes, Insurance, Electricity, entertainment b) Intt. on term deposit 63506037.64 169247419.91Rent & Tax 364490.00 2 Commission 1086105.92Lighting 671733.00 3 Last year's Provision for Bad & doubtful debt 56435906.95Refreshment Entertainment 319965.00 4 Last year's Provision for overdue interest 46004852.21Insurance & Taxes 739735.16 2095923.16 5 Last year's Provision for Standard Assets 2457404.824 Law charges 0.00 6 Rent received 273044.005 Postage & Telephone 7 Other IncomePostage 39313.00 Miscellaneous 358736.08Telephone Bill 71289.00 110602.00 Other Income 184459.226 Audit fee 84727.00 Incidental Charges 3730.007 Depreciation Processing fees 47150.00Depreciation 331688.16 Postage 2090.00Dead Stock 1382.50 333070.66 Stationary 0.008 Repair and Renewal 92591.00 Prov. For Income tax written off 2965.009 Printing & Stationery 418935.44 Cheque book Issue C/S 5470.0010 Advertisement 38950.00 Service charge 27480.0011 Cost of Petrol, Diesel on Bank Hire Vehicle 47922.00 A/C Operating Charge 113351.5012 Provision for Bad & doubtful debt 69709759.82 Duplicate Pass Book Charge 5870.0013 Provision for standard Assets 168044.31 A/C Closing Charge 2721.0014 Provision for unrealised interest 47557810.42 Net Loss During the Year 0.0015 Fuel Exp. 0.00 Saleable 5715.00 759737.8016 Misce. 276441.8817 House Rent 0.0018 Insurance Premium 0.0019 Commission 477293.90

THE RANCHI-KHUNTI CENTRAL CO-OPERATIVE BANK LTD. H.O, RANCHIPROFIT & LOSS BRANCHWISE AS ON 31.03.2012Sl. No. PART ICULARS OF EXPENDITURE Sl. No. PART ICULARS OF INCOMETOTAL 256059016.66 TOTAL 276264471.61B.F 256059016.66 B.F 276264471.6120 Remittance 157325.0021 A.D.M Charges & Legal Expences22 OtherForms & Register 82536.50Sweeping Charge 40890.00Travelling Allowances 42745.00Conveyance 2086.00Clearing Charge 244127.65Legal Expences 6600.00Other 107220.00Member Fees for C-PEC Rs. 100000/-Other Rs. 7220/-Statutory Reserve (Reserve fund) 6832673.68Agriculture Stabilization fund 2928288.72Special Bad & Doubtful debt Reserve 500000.00Building Fund 2000000.00Common Good Fund 500000.00Staff Gratuity Fund 5000000.00 18287167.5523 Dividend 146414.4024 Profit During the year 1614548.00276264471.61 276264471.61