Annual Report 2012 - National Savings Bank

155BRANCHING OUT INTO NEW VENTURESSUSTAINABILITY REVIEWSOURCES AND DISTRIBUTION OF INCOME2012 2011Rs. ‘000 Rs. ‘000Source of IncomeInterest 52,673,261 47,095,745Fee & Commission 221,709 240,768Other Income 150,089 (791,869)Total 53,045,059 46,544,644Utilisation of IncomeEmployees - Salaries and Other Payments to Staff 4,077,501 4,139,657Depositors Interest 39,166,973 29,322,652Impairment for loans and other losses 130,935 142,632Other Expenses 2,261,322 2,120,54145,636,731 35,725,482Net Income before Government Taxes and Levies 7,408,328 10,819,162GovernmentVAT and Income Taxes 3,076,986 4,757,300Consolidated Fund 2,823,245 3,212,6715,900,231 7,969,971To Reserves 1,508,097 2,849,191Total 53,045,059 46,544,644NATIONAL SAVINGS BANK . ANNUAL REPORT 2012