the satara district central co-op. bank … the satara district central co-op. bank ltd., satara...

1

THE SATARA DISTRICT CENTRAL CO-OP. BANK LTD., SATARA

BALANCE SHEET AS ON 31ST MARCH 2015.

31-03-2014 PROPERTY & ASSETS ` . Ps `. Ps

1 a CASH

1636139731.00 Cash on hand with Head Office & Branch

1582494781.83

760700398.26 b With State Bank of India/ State Co-op. Bank & IDBI, Axis Bank , UBI,HDFC, Punjab National Bank &ICICI Bank

765252381.54

2396840129.26 2347747163.37

2 BALANCES WITH OTHER BANKS : (Sangli, D.C.C. Bank)

888049.62 a Current Deposits

9575341.62 9575341.62 888049.62

3 INVESTMENTS :

a) FIXED DEPOSITS WITH BANKS :

700000000.00 1 In Fixed Deposits with MSC Bank Ltd.,

670000000.00

350000.00 2 F.D.under M.A.Scheme MSC Bank 350000.00

9550000000.00 3 F.D. with Nationalized Bank 13640000000.00

10250350000.00 14310350000.00

b Govt. Secu & Semi Govt. Security

5723907492.50 1)Treasury Bill 2276520250.00

862047888.16 2)Quoted (i)Central Govt. Securities . Book value -

(Face value ` 950000000/- )

(Market value ` 882750000/-)

10345088.02

6585955380.66 2286865338.02

c Shares of Co-op. Societies

2160000.00 1 M. S. C. Bank Ltd., Mumbai 2160000.00

25000.00 2 Premier Co-op. Printers 25000.00

1000.00 3 M. S. Caderisation 1000.00

10.00 4 Satara Dist.Sup.Co-op. Socys. 10.00

2186010.00 2186010.00

d Earmarked Investment with M.S.C. Bank Ltd., Mumbai

737900000.00 1 Reserve fund deposits 338873000.00

452075000.00 2 Agril Cr. Stab. Fund deposits 169801000.00

298225000.00 3 Building Fund 85682000.00

1488200000.00 594356000.00

e Earmarked Investment in Govt. Security

49938750.00 1 Govt. Security Reserve 549581052.80

39951000.00 2 Govt. Security Agril Stab. 197830000.00

-- 3 Building Fund 199518388.34

89889750.00 946929441.14

18416581140.66 18140686789.16

344300.00 4 INVESTMENT OUT OF PRINCIPAL / SUBSIDIARY STATE PARTNERSHIP FUND : (For Share Capital to Primary Credit Societies)

344300.00

5 LOANS CASH CREDITS, OVERDRAFTS & OTHERS :

1 A Secured against tangible .Secu.

9189539307.20 a Short Term (All types of Seasonal Agricultural Loans) [Out of which loans to Econ.

Weak amount to ` 92022.35

lakhs. Of which overdues

` 324.73 lakhs, out of which Bad

& doubtful debts of

` -- lakhs ]

11001822068.20

30004192926.74 TOTAL C.F. -- -- 31500175662.35

2

31-03-2014 PROPERTY & ASSETS `. Ps `. Ps `. Ps

30004192926.74 TOTAL B.F.-- -- 31500175662.35

2 Cash Credits &Overdrafts

a Agril.M.P.Societies

b Marketing Socys.

- 1 Cotton consortium

scheme --

3513987.34 2 Clean 5147209.34

3133332.20 3 Hypothecation 5507343.20

6647319.54 10654552.54

c Processing Socys.

1366935.70 1 Clean 2592697.20

6988521.00 2 Hypothecation 6906248.00

8355456.70 9498945.20

d Urban Banks & Societies

36583729.37 1 Overdraft 16894356.00

36583729.37 16894356.00

e Employees Socys.

101915288.00 1 Clean 95903005.00

996583.00 2 Hypothecation 1501588.00

12179280.00 3 overdraft 18088806.00

268783865.00 4 Fixed Loan 184974930.00

383875016.00 300468329.00

f Industrial Socys.

-- 1 Clean

-- 2 Hypothecation

284041416.00 3 Temp. Loan 524077712.00

284041416.00 524077712.00

g Consumers Socys.

5772123.94 1 Clean

226104.00 2 Hypothecation 8358883.14

5998227.94 8358883.14

h Other Societies

6223869.00 1 Clean 6245197.00

17263381.00 2 Primary Agril Cr Socys-Hypothecation

14106687.00

-- 3 Hypothecation -

128645195.00 4 Overdraft 166987797.13

146032270.00 5 Loan agst.depo. 142218936.00

298164715.00 329558617.13

3 Co-op.Sugar Factories

2627224129.00 1 Pledge Sugar- I A 3028862023.00

3326765287.00 2 Pledge Sugar - II B 4665082140.00

19575000.00 3 Hypothecation 75959000.00

115015260.00 4 Preseasonal 155992000.00

6088579676.00 7925895163.00

7112245556.55 [Out of the above over dues of ` 425.73 lakhs

of which Bad & doubtful debts ` 425.73

lakhs ]

9125406558.01

37116438483.29 TOTAL C. F. -- -- 40625582220.36

3

31-03-2014 PROPERTY & ASSETS `. Ps `. Ps

37116438483.29 TOTAL B.F.-- -- 40625582220.36

672863.72 4 DUES FROM SOCYS IN LIQUIDATION : 669028.72

A Loans to Individuals -

8804649.00 a Gold loan cash credit 5611919.00

1042888.00 b Individuals Convenience Loan 597501.00

262594.00 c Individuals Cash Credit Loans 219059.00

1209490629.72 d Individuals Savings overdraft 1659979741.02

292546874.13 e Individuals loan of Grahsankalp Yojana

285166992.92

2393322988.00 f Gold & Silver 2470830231.00

590545691.19 g Loan against deposits 721715670.34

65690566.50 h Hire purchase 65814553.50

15201740.63 i Individuals Overdraft 16111485.13

354813810.50 j Individuals M. T. Loans 366327443.50

84377592.89 k Individuals Hypo. C.C. Loans 101575878.37

34726043.10 l Sugar cane Harvesting Machine 31806064.10

B Secured against tangible Sec.

74494395.85 a Loans to staff for Housing 87007338.85

10946656.00 b Loan to staff for purchase of Vehicles & Computers

10902816.00

5750204.00 c Loan against House rent 6262861.00

5142017323.51 [ Out of which over dues

` 357.52 lakhs of which Bad &

doubtful debts of ` 60.34 lakhs ]

5829929554.73

294166596.00 C INLAND BILLS PURCHASED 309191315.00

5 MEDIUM TERM LOANS : [Of which secured against tangible securities]

1181911.00 a For agril purpose for 3 years 534175.00

267380129.00 b For agril purposes for 5 years 144317197.00

345242813.00 c For agril. purpose for 7 years 556644351.00

623687.00 d I. R. D. P. & 7 years & above 371184.00

162175.00 e Gobar Gas M T Loan 65000.00

2400911.00 f Schematic Finance 1501266.00

10660302.00 g Conversion 6992916.00

156548.00 h Rehabilation 58212.00

12705569.00 I Rephasement 9082182.00

147096.00 j Spining Mill shares

2196585.00 k Stall Feed Goat Project 3466678.00

51705224.00 l Green House 46793917.00

14575031.59 m Non Agril purposes 5672011.00

27162227.00 n Composite Loan 27045181.00

22298892.00 o Rural sanitary 7164586.00

10793336.00 p Gramin Gharkul Yojana 8048616.00

20389755.00 q Farm House 5 years 14927482.00

7345539.00 r Swarnjayanti Gram Swarojgar Yojana

4585126.00

12741678.00 s Self Help Group 14057260.00

784437.00 t Dairy Venture Capital Funds - Crossbreed Cows

380533.00

822559.00 u Dairy Venture Capital Funds - Muraa Mahisana buffalow

430532.00

7349266.00 v Dairy Udyojakta -Mura Mahisana 6999204.00

3721474.00 z Dairy Udyojakta - Cow 4834862.00

1487424338.00 x M.T. Convenience Loan 1320129790.00

622242529.00 y National Excise Duty(Sugar Factory M.T.)

1157262746.00

2932214011.59 3341365007.00

45485509278.11 TOTAL C. F.-- -- 50106737125.81

4


45485509278.11 TOTAL B.F. :- 50106737125.81

6 LONG TERM LOANS :

90340052.00 a Sugar Factory Rescheduling Loan under Consortium

34631893.00

2278292249.00 b For Lift irrigation 2755613706.00

9870166.00 c Non Agril 8863418.00

191502897.00 d Schematic Finance 178297108.00

14794595.00 e Punargathan 12260476.00

17404027.00 f Gramin Gharkul Yojana 15015596.00

2096902674.00 g Farm House Scheme 2433511495.00

10252409.00 h Rural Sanitary Scheme 7261319.00

4709359069.00 (Out of which over dues ` 284.92 lakhs .

Bad & doubtful debt of ` 397.31 lakhs )

5445455011.00

501817531.00 7 INTEREST RECEIVABLE : [ Out of

which over dues ` 1488.32 lakhs ]

555195039.00

56319218.59 8 BILLS RECEIVABLES BEING BILLS COLLECTION (AS PER CONTRA)

14865263.45

-- 9 BRANCH ADJUSTMENT

10 & 11 FIXED ASSETS :

1 LAND -

20067574.00 Cost as on 1-4-2014 20067574.00

-- Add - During the year 9738500.00

20067574.00 29806074.00

2 BUILDING -

70561493.00 Cost as on 1-4-2014 68880329.00

85000.00 Add - Adjustment during the year 30368124.00

1766164.00 Less - Depreciation 2108225.00

68880329.00 97140228.00

3 FURNITURE & FIXTURE -

90454914.00 Cost as on 1-4-2014 97993313.00

17961488.00 Add - Adjustment During the year 6297826.00

29710.00 Less - Adjustment During the year 3540.00


97993313.00 93966185.00

4 MACHINERY -

17264693.00 Cost as on 1-4-2014 15675957.00

48510887.00 Add - During the year 1322933.00

43322483.00 Less - Adjustment During the year -


15675957.00 13423198.00

5 VEHICLES -

4615609.00 Cost as on 1-4-2014 5577303.00

3944438.00 Add - During the year -

1998515.00 Less - Adjustment During the year -


5577303.00 4740709.00

6 OFFICE LIBRARY -

5659.00 Cost as on 1-4-2014 4969.00

4840.00 Add - During the year 37957.00

1257.00 Less - Adjustment during the year 3440.00


4969.00 27161.00

7 Computer & Computerized System

-- Cost as on 1-4-2014 13490294.00

16188029.00 Add - Adjustment during the year 14795722.00


13490294.00 19831130.00

221689739.00 258934685.00

50753005096.70 TOTAL C. F. 56122252439.26

5


50753005096.70 TOTAL B.F.-- 258934685.00 56122252439.26

221689739.00 8 General Machinery/ Computer

-- Cost as on 1-4-2014 50634049.00

60759557.00 Add - Adjustment During the year 8561047.00


50634049.00 37388252.00

272323788.00 296322937.00

12 OTHER ASSETS -

719652157.12 a 3.75 % Interest subsidy receivable from Central and State Govt.

991460904.12

872880.00 b Debit Relif 2009 Receivable from Govt.

872880.00

19749148.00 c Interest receivable from Central Govt. of Sugar Factory M.T.Loan

152847098.00

447421.00 d TDS Receivable [ Insu.Com. ] 602950.31

2672129.00 e TDS Receivable[MSEDC.remu.] 4024804.00

1252725.50 f Insurance claim Receivable 1252725.50

12027711.00 g Prepaid Expenses 1079876.00

8053753.70 h Sundry debtors 1589082.16

18465378.90 I Income Tax Receivable 18434114.00

2947545.38 j Stock of paper & Stationery 6005859.49

2682206.45 k Stationery for sale 2900190.95

572984.00 l Security Deposits 691162.00

1992988.00 m Govt. Agril. & Rural Debt. Relief Scheme 1990.

1992988.00

11799038.00 n Building Under Construction 51278.00

300000.00 o Building Furniture Under working 281148.00

38700.00 p General Stamps 67800.00

6182.00 q Postal Stamps 9203.00

705106.00 r Commission receivable 139050.00

9902860.40 s Amount of Fraud Receivable 9729633.40

1622112.00 t Service tax receivable 1622112.00

369009.00 u Service Tax paid in advance 705964.00

10567241.50 v Sen vat credit Receivable (Revenue)

12525780.50

-- w Amt. RBL from NABARD for PACs Development Cell

501586.00

-- x Sundry Debtors(ICBS) 7788104.90

826699276.95 1217176294.33

-- 13 NON BANKING ASSETS ACQUIRE IN SATISFACTION OF CLAIMS :

51852028161.65 GRAND TOTAL 57635751670.59

6


PROFIT & LOSS ACCOUNT FOR THE YEAR ENDING 31ST MARCH 2015.

31-03-2014 I N C O M E `. Ps `. Ps

BY INTEREST :

5087468264.78 1 ON LOANS 6807326976.32

2 ON INVESTMENTS

288564830.13 i. Govt. Trustees Securities 381650724.83

869194351.29 ii. Fixed Deposits & Call Deposit 976279927.85

6245227446.20 8165257629.00

29735441.36 3 ) BY COMMISSION 27890168.35

4 ) BY OTHER INCOME

118689.00 a Managerial Charges Received

-

14210921.70 b M. S. E. D. Co .Ltd., Remuneration Charges

14291035.36

3024174.00 c Rent on Safe Deposit Lockers

3138356.00

2226476.80 d Insurance Commission 1712228.51

151200.00 e Dividend on shares 216000.00

21015.00 f Profit of loss against sale of vehicle

-

173831.00 g Machinery Repairs -

8433.00 h Software Development Exps -

30000.00 i Education Fund -

287403.00 j Postage & Telegrams for BC/MT/IBP

284579.32

-- k ATM,NFS charges received 62121.46

20252143.50

19704320.65

6295215031.06 TOTAL - C.F. 8212852118.00

7

31-03-2014 I N C O M E `. Ps

6295215031.06 TOTAL - B.F. 8212852118.00

6295215031.06 GRAND TOTAL -

8212852118.00

7

8


BALANCE SHEET AS ON 31ST MARCH 2015.

31-03-2014 CAPITAL & LIABILITIES ` . Ps ` . Ps

1 CAPITAL -

1200000000.00 1 AUTHORISED SHARE CAPITAL :

[ Shares 1200000 of ` 1000/- each ]

1200000000.00

2 PAID UP SHARE CAPITAL :

[ 1234279 shares of ` 1000/- each ]

-- a State Govt. [through M.S.C.Bank ]

--

1108188000.00 b Co-op. Institutions 1234204500.00

68000.00 c Individuals 74500.00

1108256000.00 1234279000.00

2 RESERVE FUND & OTHER RESERVES

788092653.48 a Statutory Reserve 848754262.15

492012916.00 b Agril. Credit Stabilization Fund

541273603.00

359810300.00 c Building Fund 360810300.00

228900000.00 d General Reserve Fund 228900000.00

24270000.00 e Dividend Equalization Fund 24270000.00

601805231.68 f Special Bad & Doubtful Debts Reserve Fund

640865231.68

8762341.50 g Investment Fluctuation/

Depreciation Reserve Fund

8762341.50

8000000.00 h Charity Fund 8496900.00

4000000.00 i Gold Rate Fluctuation Fund 4000000.00

3200000.00 j Best performance Award of the Branches and PACs

3200000.00

2010000.00 k Best performance Award for

Women Self Help Group

2010000.00

7600000.00 l Staff Voluntary Retirement Fund 7600000.00

10000000.00 m Directors Study tour Fund 10000000.00

12500000.00 n Directors, Staff, PAC's Secretary

committee members and women SHG training

12500000.00

1000000.00 o National Horticulture Program Fund

1000000.00

2551963442.66 2702442638.33

344300.00 3 PRINCIPAL / SUBSIDIARY STATE PARTNERSHIP FUND ACCOUNT :

[ For share capital to Primary Agril. Societies ]

344300.00

4 DEPOSITS : 1 FIXED DEPOSITS -

6137619502.50 a Individuals & other Instts. 6772455801.50

578260183.00 b Zilla Parishad 666904917.00

4494196572.00 c Other Co-op. Societies 4481694891.00

743193325.10 d Reserve Fund from Co-op. Socy. 2425287921.10

212329607.00 e Z. P. Damduppat 219129197.00

12165599189.60 14565472727.60

3660563742.66 TOTAL C.F. 3937065938.33

1

9

31-03-2014 CAPITAL & LIABILITIES ` Ps `. Ps

3660563742.66 TOTAL B. F. 14565472727.60 3937065938.33

12165599189.60 FIXED DEPOSITS -

1590217187.75 f Non Refundable Dep.[R.F.Socy] 1786180231.13

2490075280.00 g Damduppat Dep. Individuals 3134252837.00

465174587.00 h Damduppat Dep. Societies 557793341.00

27056443.00 I Damdidpat Individuals 31533315.00

3234656.00 j Damdidpat Societies 3600778.00

6233454.00 k Staff Security & Cash Security Deposit 6511658.24

43556172.00 l Matured Fixed dep. Individuals 24307501.00

2160178.00 m Matured Fixed Dep. Societies 1801335.00

2669406459.00 n Dhanvardhini Individuals 3250263587.00

1000751479.00 o Dhanvardhini Societies 1100426801.00

11552904.00 p Lakshadish Yojana 12273301.00

275698.00 q Pension Scheme 270000.00

8467.14 r Savali Dep.Scheme --

717221.00 s Cash Certificate 781267.00

2 RECURRING DEPOSITS -

142590488.00 a Individuals 160412276.70

3208876.00 b Societies 2890976.00

3 SAVINGS BANK DEPOSITS -

12102717466.10 a Individuals & other Instts. 12438175840.28

9653747.39 b Zilla Parishad 2294202327.86

825315821.57 c Other Co-op. Societies 1037999006.14

241330.45 d Reserve Fund from Co-op. Socys. 213715.45

7276.12 e Special Bad Debt Reserve Fund 7569.12

1044.50 f Special Bad Debt Risk Fund 1086.50

15199495.89 g Unclaimed deposits

4 CURRENT DEPOSITS -

11746846.10 a Special Current Deposit

(Debt waiver scheme 2008. )

11411882.10

766252942.99 b Individuals & Other Instts 869414279.56

2574325773.21 c Zilla Parishad 359962267.92

489622137.41 d Taluka Panchayat 696260408.41

2618958640.06 e Other Co-op Societies 2600975806.90

5 CALL DEPOSITS

22590.75 a Individuals & Other Institutes 22590.75

40035883852.03 44947418713.66

5 BORROWINGS - [From State Co-op. Banks]

A Short Term Loan,Cash Credit & Overdrafts

5000000000.00 1 Short Term Loan ( SAO Refinance ) 6000000000.00

13911861.47 2 Overdrafts M.S.C. Bank Ltd., Mumbai

143614234.73

765006712.00 3 Overdrafts Nationalized Banks 280000000.00

B Cr .Bal. In D.C.C. Banks

3110838.64 1 Pune D.C.C.Bank Ltd.,Pune (Cr .Bal.)

1618962.11

757306.55 2 Kolhapur D.C.C. Bank Ltd, Kolhapur (Cr .Bal.)

850521.83

C Adhaar Pool Ac (Cr Bal) 4190.02

5782786718.66 6426087908.69

43696447594.69 TOTAL C.F. - 48884484651.99

2

10


43696447594.69 TOTAL B.F. - 6426087908.69 48884484651.99

5782786718.66 C Medium term Loans Of which secured against a Other tangible securities

37507400.00 1 M. T. Loan Automatic Refinance 25486900.00

-- 2 M. T. Loan LP Gas Connection Refi. --

D Long Term Loans -

-- I Of which secured against

-- a Govt. & other appro. Sec. --

-- b Other tangible Securities

-- i Schematic Finance --

-- ii Green House --

-- iii Minor Irrigations --

II From State Bank of India

A Short Term Loans, Cash Credits & Overdrafts

a Govt. & other appro. Sec. --

b Other tangible Sec. --

B Medium Term Loans - Tangible Sec. of which Sec against

a Govt. & other appro. Sec. --


C Long Term of which Sec against

a Govt. & other appro. Sec.

b Other tangible Sec.

III From State Govt.

A S. T. Loans - Cash Credits & Overdrafts

-

a Govt. & other Trustee Sec.

--

b For financing Ind. Socys

--

c For financing

Weavers

--

B Medium Term Loans

Of which Sec. agnst.

a Govt. & other appro.

Sec.

--


C Long Term Loans Of which Sec. agnst.

a Govt. & other appro. Sec.

--

b Other tangible Sec.

--

5820294118.66 6451574808.69

49516741713.35 TOTAL C. F. -- 55336059460.68

3

11


49516741713.35 TOTAL B. F. -- 55336059460.68

56319218.59 6 BILLS SENT FOR COLLECTING BEING BILLS RECEIVABLE [As per contra}

14865263.45

175001328.94 7 BRANCH ADJUSTMENT 258734.00

259501801.11 8 INTEREST SUSPENSE & N.P.A.INTEREST [Provisions for Overdues & N.P.A.Interest]

186121054.11

900226845.38 9

INTEREST PAYABLE 775299685.33

10 OTHER LIABILITIES

19749148.00 1 Interest payable to Sugar Factory from Central Govt. ( SMP )

152847098.00

2

Unpaid dividend to

15362.50 a Societies 20802.00

19110.00 b Individuals 19633.00

-- 3 Share Suspense A/C. No. 1 113350.00

-- 4 Share Suspense A/C. No. 2 6638500.00

375886633.44 5 Sundry Creditors (Other.] 354057823.81

4673779.50 6 Draft payable 2292210.62

1600000.00 7 Audit Fee Payable 1925000.00

294353.10 8 M.S.E.D.Co. Ltd.,Collection A/c 6473772.26

74477630.00 9 Bonus / Ex-gratia payable 80157043.00

16628012.07 10 Stale Cheque & Demand Draft

Payable

9582651.47

28551611.00 11 Sugar Factory Pledge( Cr. Bal) 24489763.00

366.83 12 Crop Insurance Payable 24590.86

3863446.14 13 Recovery Incentive to socy. 3863446.14

43283360.00 14 Subsidy Reserve Fund Payable 26194006.00

116942000.00 15 Provision on Standard Assets 139807000.00

26760578.70 16 Sundry Creditors Sugar Factory 51774.00

284425.00 17 Professional Tax Payable 274350.00

1148999.00 18 Security Deposit (Vendors, Contractors )

1080391.00

54289.00 19 Service tax payable 41669.00

2150.00 20 Sundry Creditors(ICBS) 178556943.81

-- 21 Sugar Factory Sundry Crs(ICBS) 29202691.00

-- 22 Other H O entry A/c 2180.00

-- 23 Clearing Pool A/c 1854220.00

-- 24 D.D.Payable (Own) A/c 50823598.00

-- 25 Pay order 2750966.05

714235254.28 1073145473.02

2000.00

11 PROFIT & LOSS ACCOUNT : Profit as per the last balance Sheet

2000.00

230000000.00 Add - Profit for the Current Year brought from the Profit &

Loss A/c

250000000.00

230002000.00 250002000.00

12 CONTINGENT LIABILITIES :

11550849.82 1 Outstanding Liabilities for counter guarantee issued on the

half of Co-op. Sugar Factories.

9422099.82

-- 2 Amt. Transfered to DEAF fund of RBI

12923952.00

180000.00 3 Others 180000.00

11730849.82 TOTAL `

22526051.82

51852028161.65 TOTAL C. F. -- 57635751670.59

BS Liab 310313

12


51852028161.65 TOTAL B. F. 57635751670.59

51852028161.65

GRAND TOTAL -

57635751670.59

13


PROFIT & LOSS ACCOUNT FOR THE YEAR ENDING 31ST MARCH 2015.

31-03-2014 E X P E N D I T U R E ` . Ps

4981351673.28 To Int. paid on Deposits & Borrowings 6617397142.63

464229058.29 To Salaries & Allowances of staff 497791145.91

43753605.00 To Contribution to Staff Provident Fund 45672207.00

697436.00 To Provident Fund establishment Charges 689996.00

3281105.00 To Directors Committee Members Fees, Allowances

& Traveling expenses 3706064.00

1947036.00 To Inspection / Supervision Daily Allowances & Traveling exps. ( field staff )

1916232.00

872231.00 To Daily Allowances & Traveling exps (other staff ) 961584.00

10353036.00 To Branch Office Light Charges 12161817.00

8020751.00 To Branch Building Rent expenses 9518000.00

3130785.92 To Postage & Telegram 3102387.56

3692190.00 To Telephone charges 3247597.00

7096569.11 To Printing & Stationery 7253159.86

1609553.00 To Advertisement for Office purpose 765193.00

10614.00 To Computer Expenses & Consultant charges --

390798.00 To Legal & Other Professional Charges 420876.00

1125163.00 To Training Expenses 180066.00

1927848.00 To Audit Fee 1974398.00

To REPAIRS TO BANKS PROPERTY

541517.00 a) Dead Stock repairs 651240.00

1676000.00 b) Building repairs & Maintenance 1597283.00

231118.00 c) Lift Maintenance & repairs 424632.00

26000.00 d) Internal Telephone repairs -

396402.00 e) Repairs to Branch Building 231022.00

-- f) Machinery Repairs 349763.00

33937790.00 To Insurance on Deposits 39836452.00

451949.50 To Insurance on Fixed Assets 603100.00

719281.00 To Taxes on Buildings 898886.00

403484.50 To Donation & Subscription 2173643.88

428927.00 To Vehicles spare parts & repairs 512013.00

585791.00 To Vehicles petrol expenses 820793.00

18146929.85 To Miscellaneous Expenses 17240342.09

135078.00 To Peon dress expenses 19428.00

901623.32 To Transport & Labor Charges on Dead Stock 215610.00

1387159.00 To Staff Deposits Linked Insurance 2103622.00

222531.29 To Recovery Reward 299407.60

337298.50 To Income Tax Practioner's Fees 336000.00

99429120.00 To Income Tax Expenses 140240240.00

93660.00 To Kamgar Welfare contribution 65784.00

-- To Computer Development Exps.( CBS Installation) 450.00

32748428.00 To Depreciation on Fixed Assets 47115980.00

2728846.50 To Crop Insu. Premium for Kisan Credit Card holders 1951335.00

3173359.00 To Amortised Premium on GOI Security 3173359.00

45123.00 To Taxes on Vehicle 63013.00

16854.00 ISO Certificate processing charges 210000.00

5732253723.06

TOTAL C.F. 7467891264.53

6

14

31-03-2014 E X P E N D I T U R E ` Ps

5732253723.06 TOTAL B.F. 7467891264.53

48043864.00 To Farmers Health Insurance Policy 65997781.00

187484.00 To Secretary Reward pay Exps. --

24000000.00 To Rent for Data Center & Disaster 24000000.00

31534578.00 To Connectivity Charges 30254134.00

6526767.00 To Computer maintenance expenses 14584577.00

-- To NPCI Transaction charges 458.25

-- To ATM, NFS, charges paid (Including S.Tax) 9910.22

-- To Computer stationery exps 67000.00

5768615.00 To Staff voluntary retirement 3953249.00

72000000.00 To Bonus / Ex-Gratia to Staff (Provision) 75812044.00

-- To Staff Group Gratuity Fund 40000000.00

-- To Bad & Doubtful debts (Provision) 61925000.00

60000000.00 To Society borrower members recovery incentive for MT & LT Loans (Provision)

65000000.00

12500000.00 To Society borrower members interest rebate (S.T .Agri. Loan ) (Provision)

15000000.00

19000000.00 To Recovery incentive to PACs (Provision) 26856700.00

2500000.00 To Disaster Fund (Provision) 17500000.00

10000000.00 To Best Performance Award For Womens Self Help Group and Farmers Club (Provision)

6500000.00

2500000.00 To Education Loan Interest Subvention (Provision) 3500000.00

7400000.00 To PACs Secretary Reward Pay (Provision) 10000000.00

4000000.00 To 100% Recovery Of Socy. Gaurav Nidhi (Provision) 5000000.00

11500000.00 To Provision on Standard Assets -

2000000.00 To Interest Subvention for Society Godown (Provision) 2500000.00

2000000.00 To Incentive Fund for Society Empowerment (Provision) 1000000.00

10000000.00 To Interest Incentive Fund for Drip Irrigation(Provision) 13000000.00

-- To Insurance Coverage for Depositors ( Accidental Insurance ) (Provision)

10000000.00

1500000.00 To Provision for Training Expenses 2500000.00

230000000.00 To Net Profit Carried to balance Sheet 250000000.00

6295215031.06

GRAND TOTAL 8212852118.00

7

[ DNYANESHWAR POPHALE] [ RAJEEV GADHAVE ] [ BHUJANGRAO JADHAV ] [ DILIPKUMAR DHARU ] DY. MANAGER, MANAGER GENERAL MANAGER CHIEF EXECUTIVE OFFICER

[ GEN.ACCOUNTS ] [ACCTTS.B.O. PLANNING ]. [ ADMN.& FINANCE ]

the satara district central co-op. bank … the satara district central co-op. bank ltd., satara...

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