Laxmi Bank Limited (LBL)

Laxmi Bank Limited (LBL) Annual Balance Sheet

Particulars2079207820772076207520742073
Cash and cash equivalent11,194,738,44310,940,569,8059,423,975,10710,425,001,2706,324,171,3124,747,585,5344,060,734,726
Due from Nepal Rastra Bank6,340,170,0217,256,232,6299,443,373,9754,805,692,5913,454,930,8064,095,239,8563,759,561,493
Placement with Bank and Financial Institutions-------
Derivative financial instruments362,811,5216,073,905,0686,224,513,9045,122,319,77835,075,83528,558,64126,819,728
Other trading assets10,090,000-16,120,00016,120,00023,520,00020,320,000-
Loan and advances to B/FIs5,956,150,4633,272,947,5021,590,267,5411,935,601,1001,656,124,9281,665,073,6641,527,553,407
Loans and advances to customers126,767,902,555105,213,372,49788,452,549,82174,615,899,67759,834,776,14550,595,585,69038,353,240,176
Investment securities16,816,558,23513,004,405,99210,425,626,1407,025,464,9507,411,389,0867,761,003,7226,047,929,287
Current tax assets87,578,73972,556,408114,154,50414,203,14253,883,18551,604,531-
Investment in subsidiaries417,000,000417,000,000417,000,000417,000,000287,000,000248,500,000170,000,000
Investment in associates1,186,200,8452,818,220,996-----
Investment property70,535,574105,942,899108,976,89937,329,66637,488,869-49,084,000
Property and equipment2,394,751,7841,335,673,5981,391,833,6881,345,863,0661,241,935,4171,156,150,7471,023,771,420
Goodwill and Intangible assets76,837,95076,489,93690,186,77454,657,31935,069,37642,053,40642,883,071
Deferred tax assets-------
Other assets1,702,627,5581,653,542,5601,199,995,5041,129,168,954564,910,6461,182,552,077821,872,094

Total Assets

173,383,953,688

152,240,859,890

128,898,573,855

106,995,721,513

80,960,275,605

71,594,227,868

55,883,449,402

Due to Bank and Financial Institutions1,182,339,9702,826,267,7862,979,386,2906,554,761,1462,472,826,6451,347,948,7672,465,968,455
Due to Nepal Rastra Bank2,569,072,9604,364,945,380500,460,6391,229,861,829677,795,125--
Derivative financial instruments363,508,4536,050,417,5806,181,977,2485,046,111,546---
Deposits from customers139,537,098,423114,605,491,73998,370,756,81180,324,633,24365,561,507,91958,585,445,28545,815,026,273
Borrowing6,433,105,9993,591,572,5353,634,800,001----
Current Tax Liabilities------11,670,963
Provisions-------
Deferred tax liabilities234,177,331888,955,079235,547,82398,909,498142,157,461358,954,559347,132,104
Other liabilities2,107,413,7731,008,229,4781,012,385,968690,006,801546,572,406382,426,363311,036,121
Debt securities issued4,016,219,1782,008,219,1782,008,196,721401,402,740401,402,740401,315,069401,311,475
Subordinated Liabilities-------

Total Liabilities

156,442,936,086

135,344,098,756

114,923,511,501

94,345,686,804

69,802,262,296

61,076,090,043

49,352,145,391

Share capital11,551,345,05110,695,689,8629,812,559,5068,920,508,6428,221,666,9517,472,412,0003,644,982,850
Share premium-------
Retained earnings1,200,803,5221,262,938,3291,310,243,6161,453,367,510760,753,7001,020,259,8111,277,104,306
Reserves4,188,869,0294,938,132,9432,852,259,2322,276,158,5562,175,592,6582,025,466,0141,609,216,855

Total Equity

16,941,017,602

16,896,761,134

13,975,062,354

12,650,034,708

11,158,013,309

518,137,825

6,531,304,011

Total Liabilities and Equity

173,383,953,689

152,240,859,890

128,898,573,855

106,995,721,513

80,960,275,605

71,594,227,868

55,883,449,402

Laxmi Bank Limited (LBL) Annual Income Statement

Particulars207920782077207620752074
Interest income13,060,132,7479,377,431,13310,182,241,7018,942,671,0477,063,780,5554,757,976,523
Interest expense9,299,762,8805,920,591,3386,720,074,8955,772,996,4904,731,488,6223,028,184,250
Net interest income3,760,369,8673,456,839,7953,462,166,8063,169,674,5572,332,291,9331,729,792,273
Fees and commission income1,156,575,141979,859,357809,230,324740,714,152585,971,561488,780,540
Fees and commission expense199,461,660104,297,183101,132,96178,425,15360,241,46251,597,068
Net fee and commission income957,113,480875,562,175708,097,363662,288,998525,730,099437,183,472
Net interest, fee and commission income4,717,483,3474,332,401,9704,170,264,1693,831,963,5552,858,022,0322,166,975,745
Net trading income270,705,091340,541,914332,897,263360,976,588288,437,597192,775,545
Other operating income338,501,764500,367,776103,178,107112,881,554153,976,637168,669,542

Total operating income

5,326,690,201

5,173,311,660

4,606,339,540

4,305,821,697

3,300,436,266

2,528,420,832

Impairment charge/(reversal) for loan and other losses554,169,213492,214,064475,241,852127,515,035314,881,74299,733,114
Net operating income4,772,520,9884,681,097,5974,131,097,6884,178,306,6622,985,554,5242,428,687,718
Personnel expense1,610,731,5601,573,586,0561,232,792,4361,133,814,344771,585,009609,890,426
Other operating expense677,868,028682,481,684706,640,902618,332,975419,583,488349,918,143
Depreciation & Amortisation329,802,262188,940,946166,909,683133,824,652111,309,52984,401,255
Operating Profit2,154,119,1372,236,088,9112,024,754,6672,292,334,6911,683,076,4981,384,477,894
Non operating income10,457,3264,451,67015,628,97510,623,7545,715,7817,069,458
Non operating expense36,902,87311,447,25047,943,06061,814,34543,807,3836,890,497
Profit before income tax2,127,673,5902,229,093,3301,992,440,5822,241,144,1001,644,984,8961,384,656,855
Income tax expense614,220,703653,332,810580,891,202651,069,825463,893,971416,952,987
Current Tax674,306,770674,671,883598,325,891657,104,500483,139,637412,050,630
Deferred Tax-60,086,067-21,339,073-17,434,689-6,034,675-19,245,6664,902,357
Profit for the period1,513,452,8871,575,760,5201,411,549,3801,590,074,2751,181,090,925967,703,868
Gains/(losses) from investments in equity instruments measured at fair value-1,573,558,7112,217,878,424511,111,560-81,149,215-638,311,79425,445,765
Gains/(losses) on revalution------
Actuarial gains/(losses) on defined benefit plans9,491,17631,276,0082,465,150-5,406,207-20,192,980-2,378,770
Income tax relating to above items469,220,261-674,746,330-154,073,01325,966,627197,551,432-6,920,098
Net other comprehsive income that will not be reclassified to profit or loss-1,094,847,2751,574,408,103359,503,697-60,588,795-460,953,34216,146,896
Gains/(losses) on cash flow hedge------
Exchange gains/(losses) (arising from translating financial assets of foreign operation)------
Income tax relating to above items------
Net other comprehsive income that are or may be reclassified to profit or loss----
Other Comprehensive Income For The Period, Net Of Income Tax-1,094,847,2751,574,408,103359,503,697-60,588,795-460,953,34216,146,896
Total Comprehensive Income For The Period418,605,6123,150,168,6231,771,053,0771,529,485,479720,137,583983,850,764

Laxmi Bank Limited (LBL) Annual Cash Flow Statement

Particulars207920782077207620752074
CASH FLOW FROM OPERATING ACTIVITIES
Interest Received12,312,070,5029,117,967,1969,194,721,4588,622,871,1116,771,308,7714,640,411,274
Fees and other income received1,156,575,141979,859,357809,230,324740,714,152585,971,561488,780,540
Dividend received------
Receipts from other operating activities1,131,093,135-726,545,753432,020,56090,778,3001,019,157,400227,839,522
Interest paid-8,933,411,228-5,720,848,863-6,561,076,581-5,809,865,696-4,730,836,614-3,031,777,158
Commission and fees paid-199,461,660-104,297,183-101,132,961-78,425,153-60,241,462-51,597,068
Cash payment to employees-1,858,408,597-1,599,880,806-1,205,158,712-1,200,054,255-812,042,690-653,000,735
Other expense paid-1,284,614,565-1,220,832,781-1,357,461,744-1,576,651,742-1,328,618,610-1,163,953,383
Operating cash flows before changes in operating assets and liabilities2,323,842,726725,421,1671,211,142,343789,366,7171,444,698,355456,702,992
(Increase)/Decrease in operating assets
Due from Nepal Rastra Bank916,062,6082,187,141,346-4,637,681,383-1,350,761,785640,309,050-335,678,363
Placement with bank and financial institutions------
Other trading assets-10,090,00016,120,00051,400,000-44,000,000-3,200,000-20,320,000
Loan and advances to bank and financial institutions-2,718,467,214-1,709,703,225348,820,969-282,296,2599,039,127-138,909,351
Loan and advances to customers-21,917,324,004-17,429,189,855-13,635,992,518-14,852,516,828-9,506,604,107-12,296,033,781
Other assets5,315,442,56666,172,559-1,441,653,525-1,347,055,342477,674,492-112,989,043
Increase/ (Decrease) in operating liabilites
Due to bank and financial institutions-1,643,927,817-153,118,504-3,575,374,8564,081,934,5011,124,877,878-1,118,019,688
Due to Nepal Rastra Bank-1,795,872,4203,864,484,741-729,401,190552,066,704677,795,125-
Deposit from customers24,931,606,68316,234,734,92818,046,123,56814,763,125,3246,976,062,63312,770,419,012
Borrowings2,841,533,464-43,227,4663,616,500,000---
Other Liabilities-4,188,232,818-818,399,9372,244,690,2761,992,081,915388,841,4201,041,376,302
Net cash flow from operating activities before tax paid4,054,573,7752,940,435,7541,498,573,6844,301,944,9472,229,493,974246,548,080
Income taxes paid-814,800,523-633,073,787-698,277,253-617,424,458-485,418,291-481,992,496
Net cash flow from operating activities (A)3,239,773,2522,307,361,968800,296,4313,684,520,4891,744,075,683-235,444,416
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of investment securities-3,753,690,803-3,179,122,424-2,889,049,630304,774,922-5,086,441,655-3,825,028,162
Receipts from sale of investment securities-119,530,689362,677,982-7,168,411-4,785,378,1482,197,276,195
Purchase of property and equipment-1,353,910,157-106,858,458-191,796,250-217,645,566-177,331,648-200,550,923
Receipt from the sale of property and equipment1,926,261256,6611,227,0785,023,61931,786,29214,896,764
Purchase of intangible assets-35,881,859-12,246,405-56,849,878-43,904,272-20,461,678-18,215,153
Receipt from the sale of intangible assets-----
Purchase of investment properties35,407,3253,034,000-71,647,232159,202-37,488,869-
Receipt from the sale of investment properties-----49,084,000
Interest received591,836,765462,987,792308,483,044266,196,886244,805,67572,621,358
Dividend received388,943,853123,564,558101,609,186106,485,820131,504,64279,486,598
Net cash used in investing activities (B)-4,244,899,305-2,345,706,294-2,805,192,095421,090,611-128,249,092-1,630,429,323
CASH FLOWS FROM FINANCING ACTIVITIES
Receipt from issue of debt securities2,000,000,0002,000,000,0002,000,000,000-87,6713,593
Repayment of debt securities---400,000,000---
Receipt from issue of subordinated liabilities------
Repayment of subordinated liabilities------
Receipt from issue of shares-----2,552,720,954
Dividends paid-374,349,145-245,313,988-446,025,432-36,781,142-39,328,484-
Interest paid-366,356,164-199,746,987-150,105,06832,000,000--
Other receipt/payment------
Net cash from financing activities (C)1,259,294,6901,554,939,0251,003,869,500-4,781,142-39,240,8132,552,724,547
Net increase (decrease) in cash and cash equivalents254,168,6381,516,594,699-1,001,026,1634,100,829,9591,576,585,778686,850,808
Cash and cash equivalents at Shrawan 01 (beginning of the year)10,940,569,8059,423,975,10710,425,001,2706,324,171,3124,747,585,5344,060,734,726
Effect of exchange rate fluctuations on cash and cash equivalents held------
Cash and cash equivalents at Asar end (end of the year)11,194,738,44310,940,569,8059,423,975,10710,425,001,2706,324,171,3124,747,585,533