Annual report 2009-OK.qxp - Canadia Bank Plc.

Canadia Bank Plc.14. DUE TO CUSTOMERS2009 2009 2008 2008US$ Million Riel US$ Million Rielequivalentequivalent(Note 2.1) (Note 2.1)Current accounts 27,743,840 115,664 34,315,531 140,042Saving accounts 198,279,043 826,625 201,861,505 823,797Fixed deposits 328,358,352 1,368,926 199,729,928 815,098Margin deposits 661,764 2,759 455,045 1,856555,042,999 2,313,974 436,362,009 1,780,793Current, savings and fixed deposits bear annual interest rates as follows:2009 2008Current accounts 0.50% - 1.00% 0%Saving accounts 0.75% 0.75% - 4.75%Fixed deposits 3.00% - 7.50% 3.00% - 9.70%Annual Report 200950Margin deposits, which are non-interest bearing, represent the aggregate balance of required non-interestbearing cash deposits from customers for letters of credit and guarantees outstanding at year end (see Note 29).15. CURRENT TAX LIABILITIES2009 2009 2008 2008US$ Million Riel US$ Million Rielequivalentequivalent(Note 2.1) (Note 2.1)Balance at beginning of year 4,834,595 20,156 4,421,143 18,043Charge for the year (Note 27) 4,172,434 17,395 5,518,412 22,521Income tax paid during year (5,382,730) (22,441) (5,104,960) (20,834)3,624,299 15,110 4,834,595 19,730Income tax is calculated by applying the corporate tax rate to taxable income.The Bank has obtained tax clearance up to the fiscal year 2008. The current year's tax is subject to the TaxDepartment's assessment, the outcome of which cannot be determined as at the date of these financialstatements.