INTERIM FINANCIAL STATEMENTS As on Ashadh End, 2077 CIVIL BANK LIMITED Thinking Forward Moving Forward Class "A" Institution Licensed by Nepal Rastra Bank Civil Bank Ltd. Condensed Consolidated Statement of Financial Position As on Quarter Ended 31st Ashadh 2077 Group Bank Immediate Immediate This Quarter This Quarter Asset Previous Year Previous Year Ending Ending Ending Ending Cash and Cash Equivalents 4,956,399,078 4,147,793,768 4,725,485,858 3,958,585,185 Due from Nepal Rastra Bank 3,956,888,344 3,529,581,285 3,949,888,344 3,525,081,285 Placement with Bank and Financial Institutions 956,070,625 742,748,016 803,364,430 659,095,583 Derivative Financial Instruments 3,361,079,484 1,732,495,818 3,361,079,484 1,732,495,818 Other Trading Assets - - - - Loans and Advances to BFIs 1,482,834,662 1,600,120,423 1,767,327,983 1,805,005,743 Loans and Advances to Customers 52,790,581,996 43,598,403,361 51,512,715,070 42,593,685,746 Investment Securities 8,239,386,738 6,802,447,745 8,197,294,242 6,755,977,489 Current Tax Assets 271,518,791 14,252,380 274,526,085 16,883,054 Investment in Subsidiaries - - 260,063,200 201,865,000 Investment in Associates - - - - Investment Property 208,577,623 227,981,351 208,577,623 227,981,351 Property and Equipment 628,899,307 519,811,970 611,865,033 501,011,061 Goodwill and Intangible Assets 38,645,267 39,728,661 34,022,838 38,380,140 Deferred Tax Assets - - - - Other Assets 1,514,284,749 469,603,324 1,493,083,221 451,694,957 Total Assets 78,405,166,664 63,424,968,101 77,199,293,411 62,467,742,412 Liabilities Due to Bank and Financial Institutions 3,071,432,515 6,281,122,919 3,130,182,705 6,517,055,806 Due to Nepal Rastra Bank 728,565,709 531,249,097 728,565,709 531,249,097 Derivative Financial Instruments 3,381,454,940 1,673,810,051 3,381,454,940 1,673,810,051 Deposits from Customers 57,786,358,335 42,264,427,056 57,512,407,224 41,993,301,316 Borrowings 548,859,204 615,253,911 - - Current Tax Liabilities - - - - Provisions - - - - Deferred Tax Liabilities 147,659,899.10 151,430,534 151,482,836 155,434,082 Other Liabilities 2,490,293,999 1,591,114,657 2,222,994,549 1,445,551,354 Debt Securities Issued - - - - Subordinated Liabilities - - - - Total Liabilities 68,154,624,601 53,108,408,225 67,127,087,963 52,316,401,706 Equity Share Capital 8,003,389,674 8,003,389,674 8,003,389,674 8,003,389,674 Share Premium - - - - Retained Earnings 298,960,031 566,996,827 264,735,975 540,232,455 Reserves 1,804,079,802 1,607,718,578 1,804,079,802 1,607,718,577 Total Equity Attributable to Equity Holders 10,106,429,507 10,178,105,079 10,072,205,451 10,151,340,706 Non Controlling Interest 144,112,556 138,454,798 - - Total Equity 10,250,542,060 10,316,559,876 10,072,205,451 10,151,340,706 Total Liabilities and Equity 78,405,166,664 63,424,968,101 77,199,293,411 62,467,742,412 Civil Bank Ltd. Condensed Consolidated Statement of Profit or Loss As on Quarter Ended 31st Ashadh 2077 Group Bank Particulars Current Year Previous Year CorrespondingCurrent Year Previous Year Corresponding Upto this Upto this Upto this Upto this Column1 This Quarter This Quarter This Quarter This Quarter Quarter(YTD) Quarter(YTD) Quarter(YTD) Quarter(YTD) Interest Income 1,636,386,780 6,382,297,499 1,591,468,461 5,852,891,606 1,581,098,429 6,198,103,110 1,590,807,350 5,727,885,560 Interest Expense 1,060,249,957 4,018,304,334 937,270,383 3,569,028,439 1,051,645,744 3,959,670,471 962,983,101 3,526,410,764 Net Interest Income 576,136,823 2,363,993,165 654,198,077 2,283,863,167 529,452,685 2,238,432,639 627,824,248 2,201,474,796 Fee and Commission Income 81,974,682 334,382,354 71,555,300 255,527,660 78,951,944 299,045,438 61,407,275 221,887,552 Fee and Commission Expense 8,549,658 27,453,025 8,503,213 23,823,916 8,465,258 27,025,125 8,680,483 24,001,186 Net Fee and Commission Income 73,425,024 306,929,329 63,052,087 231,703,744 70,486,686 272,020,314 52,726,792 197,886,366 Net Interest, Fee and Commission Income 649,561,847 2,670,922,495 717,250,164 2,515,566,911 599,939,370 2,510,452,953 680,551,040 2,399,361,162 Net Trading Income 91,949,828 229,853,155 46,775,214 197,957,315 91,949,828 229,853,155 46,775,214 197,957,315 Other Operating Income 5,019,464 60,939,612 19,862,222 63,809,502 4,023,205 50,875,145 12,891,055 51,740,258 Total Operating Income 746,531,139 2,961,715,261 783,887,600 2,777,333,727 695,912,404 2,791,181,253 740,217,309 2,649,058,736 Impairment Charge/ (Reversal) for Loans and Other Losses 137,360,941 453,810,636 (242,333,221) 64,477,292 131,862,115 442,031,370 (242,932,198) 58,892,716 Net Operating Income 609,170,198 2,507,904,625 1,026,220,821 2,712,856,436 564,050,288 2,349,149,883 983,149,507 2,590,166,019 Operating Expense Personnel Expenses 270,868,327 1,095,882,231 332,723,406 847,500,234 247,098,027 1,014,728,179 314,795,570 792,918,179 Other Operating Expenses 157,493,825 585,389,069 250,690,443 586,746,005 151,086,452 551,346,727 241,526,414 556,107,298 Depreciation & Amortisation 32,134,991 115,812,893 19,488,559 71,786,557 30,287,780 108,784,824 17,967,817 66,519,278 Operating Profit 148,673,055 710,820,431 423,318,413 1,206,823,639 135,578,029 674,290,152 408,859,707 1,174,621,265 Non Operating Income - - 8,140,288 16,952,956 - - 8,140,288 16,952,956 Non Operating Expense 306,935 29,896,414 35,842,174 120,844,644 158,061 29,747,540 35,842,174 120,844,644 Profit Before Income Tax 148,366,119 680,924,018 395,616,527 1,102,931,950 135,419,968 644,542,613 381,157,821 1,070,729,576 Income Tax Expense - Current Tax 44,285,481 204,052,401 147,197,326 359,335,827 40,625,991 193,362,784 143,649,021 350,520,547 Deferred Tax (1,673,103) (5,820,613) 24,315,840 13,123,589 (1,673,609) (5,821,118) 23,988,857 12,796,606 Profit for the Period 105,753,742 482,692,229 224,103,361 730,472,534 96,467,586 457,000,947 213,519,943 707,412,423 Civil Bank Ltd. Statement of Comprehensive Income As on Quarter Ended 31st Ashadh 2077 Group Bank Current Year Previous Year Corresponding Current Year Previous Year Corresponding Upto this Upto this Upto this Upto this Particulars This Quarter This Quarter This Quarter This Quarter Quarter(YTD) Quarter(YTD) Quarter(YTD) Quarter(YTD) Profit for the Period 105,753,742 482,692,229 224,103,361 730,472,534 96,467,586 457,000,947 213,519,943 707,412,423 Other Comprehensive Income, Net of Income Tax a) Items that will not be reclassified to profit or loss Gains/(losses) from investment in equity instruments measured at fair value 10,047,715 9,616,531 (1,254,523) (8,977,720) 10,047,715 9,616,531 (1,254,523) (8,977,720) Gains/(losses) on revaluation Actuarial gains/(losses) on defined benefit plans (3,383,623) (3,383,623) (12,308,927) (12,308,927) (3,383,623) (3,383,623) (12,308,927) (12,308,927) Income tax relating to above items (1,999,228) (1,869,873) 4,069,035 6,385,994 (1,999,228) (1,869,873) 4,069,035 6,385,994 Net other comprehensive income that will not be reclassified to profit or loss 4,664,865 4,363,036 (9,494,415) (14,900,653) 4,664,865 4,363,036 (9,494,415) (14,900,653) b) Items that are or may be reclassified to profit or loss Gains/(losses) on cash flow hedge Exchange gains/(losses)(arising from translating financial assets of foreign operation) Income tax relating to above items Reclassify to profit or loss Net other comprehensive income that are or may be reclassified to profit or loss c) Share of other comprehensive income of associate accounted as per equity method Other Comprehensive Income for the year, Net of Income Tax 4,664,865 4,363,036 (9,494,415) (14,900,653) 4,664,865 4,363,036 (9,494,415) (14,900,653) Total Comprehensive Income for the Period 110,418,606 487,055,265 214,608,946 715,571,881 101,132,451 461,363,983 204,025,528 692,511,770 Total Comprehensive Income attributable to: Equity-Holders of the Bank 105,365,939 476,529,899 207,983,450 702,832,806 Non-Controlling Interest 5,052,667 10,525,366.24 6,625,495 12,739,075.17 Total Comprehensive Income for the Period 110,418,606 487,055,265 214,608,946 715,571,881 - - - - Earnings per Share Basic earnings per share 5.75 - 8.77 - 5.71 - 8.84 Annualized Basic Earnings Per Share 5.75 - 8.77 - 5.71 - 8.84 Diluted earnings per share 5.75 - 8.77 - 5.71 - 8.84 Ratios as per NRB Directive Group Bank Current Year Previous Year CorrespondingCurrent Year Previous Year Corresponding Upto this Upto this Upto this Upto this Particulars This Quarter This Quarter This Quarter This Quarter Quarter(YTD) Quarter(YTD) Quarter(YTD) Quarter(YTD) Capital fund to RWA - 15.00% - 17.97% - 15.00% - 17.97% Non-performing loan (NPL) to total loan - 2.38% - 2.35% - 2.38% - 2.37% Total loan loss provision to Total NPL - 135.00% - 121.67% - 136.15% - 122.03% Cost of Funds - 7.90% - 8.45% - 7.90% - 8.45% Credit to Deposit Ratio - 73.17% - 75.50% - 73.17% - 75.50% Base Rate - 9.84% - 11.11% - 9.84% - 11.11% Interest Rate Spread - 3.92% - 3.76% - 3.92% - 3.76% Civil Bank Ltd.