NIC Asia Bank Limited (NICA)

NIC Asia Bank Limited (NICA) Annual Balance Sheet

Particulars2079207820772076207520742073
Cash and cash equivalent27,813,319,16323,902,662,78412,294,510,66320,214,540,2688,132,486,8093,479,828,4753,549,208,278
Due from Nepal Rastra Bank12,654,486,6299,072,897,67118,721,482,61116,097,915,24615,860,733,09210,291,445,4404,396,160,113
Placement with Bank and Financial Institutions--–383,950,000313,929,1911,493,384,9681,215,914,763
Derivative financial instruments-5,359,380,4805,636,246,7067,006,010,6071,266,017,5863,028,560,9912,301,561,462
Other trading assets162,822,00011,800,0009,440,0007,440,000---
Loan and advances to B/FIs14,099,444,43514,289,456,89212,708,077,8526,923,285,1284,658,145,2351,630,033,6021,088,666,791
Loans and advances to customers252,448,483,250248,770,354,077160,184,306,884142,574,005,954115,804,620,90770,615,820,21957,876,398,870
Investment securities39,048,156,82033,293,725,16229,317,244,03418,152,959,01714,132,768,27310,019,615,15511,607,520,231
Current tax assets140,559,743297,107,3413,627,912,9062,836,333,821-9,857,54410,172,233
Investment in subsidiaries1,264,500,0001,264,500,0001,264,500,0001,204,500,000270,000,000100,000,000100,000,000
Investment in associates--––---
Investment property722,531,3221,275,463,444496,064,382275,938,55774,382,92348,254,332283,985,874
Property and equipment3,093,072,1393,038,162,5543,223,639,1232,583,719,7881,759,424,4711,062,949,674537,403,660
Goodwill and Intangible assets132,654,93291,548,342112,849,533110,490,29949,831,99135,386,54618,272,015
Deferred tax assets--––---
Other assets6,989,807,9145,480,462,9762,994,104,3632,213,615,4208,620,837,3481,293,225,050588,287,715
Total Assets358,569,838,348346,147,521,722250,590,379,057220,584,704,106170,943,177,826103,108,361,99883,573,552,004
Due to Bank and Financial Institutions6,754,201,87313,329,472,38011,629,507,2907,772,766,5427,215,492,263
Due to Nepal Rastra Bank19,727,764,9783,238,618,7079,271,522,99913,927,924,793742,269,472--
Derivative financial instruments-5,337,920,000–314,541,4571,721,813,6092,999,989,4312,266,526,366
Deposits from customers289,903,959,721287,024,798,9085,601,039,4236,913,408,934139,589,607,84579,905,602,41664,606,790,894
Borrowing--201,630,384,459171,428,410,596---
Current Tax Liabilities--––25,025,507--
Provisions--––---
Deferred tax liabilities267,765,003459,535,668––2,814,62955,797,787146,829,993
Other liabilities6,346,643,3194,884,182,481298,133,395178,272,8262,073,775,0981,458,128,070915,509,071
Debt securities issued10,726,356,67510,969,374,1206,891,491,1165,176,312,8883,487,908,815501,249,729515,702,553
Subordinated Liabilities--9,655,637,0447,710,097,099---
Total Liabilities333,726,691,569325,243,902,264––159,272,722,26592,693,533,97675,666,851,139
Share capital11,564,005,36611,564,005,366233,348,208,436205,648,968,5928,031,116,9986,692,597,4984,575,374,272
Share premium--––---
Retained earnings3,427,074,0851,599,552,6181,975,813,6222,112,880,839943,654,5561,844,544,1301,720,645,643
Reserves9,852,067,3287,740,061,4745,548,705,4313,988,625,9772,695,684,0071,877,686,3941,610,680,950
Total Equity24,843,146,77920,903,619,45817,242,170,62114,935,735,51411,670,455,56110,414,828,0227,906,700,865
Total Liabilities and Equity358,569,838,348346,147,521,722250,590,379,057220,584,704,106170,943,177,826103,108,361,99883,573,552,004

NIC Asia Bank Limited (NICA) Annual Income Statement

Particulars207920782077207620752074
Interest income32,771,914,41023,562,128,32620,723,315,67619,345,593,62013,545,820,2777,088,588,243
Interest expense21,482,312,14014,334,625,49513,118,483,96812,385,561,0349,336,156,2414,362,929,035
Net interest income11,289,602,2719,227,502,8317,604,831,7086,960,032,5864,209,664,0362,725,659,208
Fees and commission income2,369,651,1291,840,704,1242,642,775,2242,248,906,357966,148,768707,009,657
Fees and commission expense347,075,989216,898,083159,904,081127,599,15596,498,10949,919,233
Net fee and commission income2,022,575,1401,623,806,0402,482,871,1432,121,307,202869,650,660657,090,424
Net interest, fee and commission income13,312,177,41010,851,308,87110,087,702,8519,081,339,7885,079,314,6963,382,749,632
Net trading income200,929,858277,780,325339,613,196348,920,815195,206,579161,609,119
Other operating income304,409,423225,284,985255,897,37575,974,20183,615,01858,064,578
Total operating income13,817,516,69111,354,374,18110,683,213,4239,506,234,8045,358,136,2933,602,423,329
Impairment charge/(reversal) for loan and other losses865,260,4041,225,624,0471,113,706,373598,917,799.00304,831,572-69,682,827
Net operating income12,952,256,28710,128,750,1349,569,507,0508,907,317,0055,053,304,7213,672,106,156
Personnel expense4,500,746,3503,347,937,0582,910,166,3602,476,831,196.001,782,112,9471,132,927,048
Other operating expense2,101,543,6751,614,432,5941,971,775,7071,712,836,2381,237,092,835580,553,262
Depreciation & Amortisation384,717,432368,151,770252,738,473204,032,944.00115,804,043129,184,664
Operating Profit5,965,248,8304,798,228,7124,434,826,5104,513,616,6281,918,294,8961,829,441,182
Non operating income62,025,8696,153,21319,852,31431,304,551.002,500,650155,409,210
Non operating expense31,071,210158,216,33657,383,872104,165,473110,192,71931,694,451
Profit before income tax5,996,203,4894,646,165,5894,397,294,9524,440,755,7061,334,861,9271,365,415,593
Current Tax1,793,277,8621,388,696,4021,268,433,2751,368,655,984
Deferred Tax-12,001,324-1,465,28030,324,71248,817,056
Profit for the period4,214,926,9513,258,934,4673,098,536,9653,023,281,334,861,9271,365,415,593
Gains/(losses) from investments in equity instruments measured at fair value-334,919,096733,239,184271,719,494405,437,043-5,531,2563,092,133
Gains/(losses) on revalution--––-2,596,150-1,348,562
Actuarial gains/(losses) on defined benefit plans-30,723,31942,219,60126,733,36216,700,0922,370,538-523,071
Income tax relating to above items109,692,724-232,637,635-89,535,857-126,641,141-5,531,2561,220,500
Net other comprehsive income that will not be reclassified to profit or loss-255,949,690542,821,149295,495,995295,495,995-
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-255,949,690542,821,149208,916,999295,495,995-5,531,2561,220,500
Total Comprehensive Income For The Period3,958,977,2613,801,755,6173,307,453,9643,318,778,6611,329,330,6711,366,636,092

NIC Asia Bank Limited (NICA) Annual Cash Flow Statement

Particulars207920782077207620752074
CASH FLOW FROM OPERATING ACTIVITIES
Interest Received28,922,636,26821,926,716,90119,074,677,32318,526,236,27412,599,013,1666,559,811,607
Fees and other income received2,369,651,1291,840,704,1242,642,775,2242,248,906,357966,148,768707,009,657
Dividend received--––--
Receipts from other operating activities313,349,971435,521,297571,421,779391,601,528228,141,180343,066,149
Interest paid-20,429,856,300-13,391,062,418-12,191,164,050-11,682,668,050-9,597,690,869-4,329,331,038
Commission and fees paid-347,075,989-216,898,083-159,904,081-127,599,155-96,498,109-49,919,233
Cash payment to employees-4,500,746,350-3,347,937,058-2,737,136,702-2,449,296,579--
Other expense paid-2,142,499,938-1,725,185,653-1,971,775,707-1,992,459,907-2,904,276,516-1,467,557,207
Operating cash flows before changes in operating assets and liabilities4,185,458,7915,521,859,110-27,052,894,751-24,129,688,8571,194,837,6211,763,079,935
(Increase)/Decrease in operating assets-8,143,851,261-84,264,424,625-2,617,635,983-237,182,154-58,668,928,326-20,780,518,714
Due from Nepal Rastra Bank-3,581,588,9589,648,584,940-2,617,635,983_-237,182,154_-5,539,592,494-5,895,285,327
Placement with bank and financial institutions--383,950,000-70,020,8091,179,455,778-277,470,206
Other trading assets-151,022,000-2,360,000-2,000,0002,212,500--
Loan and advances to bank and financial institutions190,012,456-1,581,379,040-5,784,792,723-2,265,139,893--
Loan and advances to customers-7,913,149,446-92,229,018,345-18,309,321,491-27,368,302,846-48,388,421,155-13,175,826,318
Other assets3,311,896,686-100,252,180-723,094,5545,808,744,345-5,920,370,454-1,431,936,864
Increase/ (Decrease) in operating liabilites13,937,456,09394,706,602,78927,042,658,91733,838,001,40564,029,884,62416,900,895,143
Due to bank and financial institutions-6,575,270,5074,057,949,381-4,656,401,794-3,093,860,8153,856,740,748557,274,279
Due to Nepal Rastra Bank16,489,146,2713,238,618,707-314,541,457-427,728,015742,269,472-
Deposit from customers2,879,160,81385,394,414,44930,201,973,86337,231,081,06959,684,005,42815,298,811,523
Borrowings--––--
Other Liabilities1,144,419,5162,015,620,2521,811,628,304128,509,166-253,131,0251,044,809,342
Net cash flow from operating activities before tax paid9,979,063,62315,964,037,2745,218,657,95114,623,033,0166,555,793,919-2,116,543,636
Income taxes paid-1,641,000,000-2,112,679,688-1,797,967,060-1,150,736,669-490,542,829-625,143,101
Net cash flow from operating activities (A)8,338,063,62313,851,357,5863,420,690,89013,472,296,3476,065,251,089-2,741,686,738
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of investment securities-6,417,215,596-3,807,741,987-11,054,133,401-4,549,253,701-4,198,817,7431,473,663,071
Receipts from sale of investment securities327,864,842564,500,043––--
Purchase of property and equipment-407,673,755-151,459,644-911,924,703-1,025,291,297-638,606,219-405,604,824
Receipt from the sale of property and equipment1,954,778966,4662,402,520140,515,151128,959,06038,766,421
Purchase of intangible assets-75,014,631-10,880,832-31,931,881-84,186,213-28,444,442-25,660,305
Receipt from the sale of intangible assets--––--
Purchase of investment properties--904,481,276-220,125,825-196,191,955--
Receipt from the sale of investment properties552,932,122125,082,214––39,893,310-
Interest received2,388,185,6561,522,182,565822,627,041819,357,345535,003,938317,932,849
Dividend received254,015,17975,162,50643,941,10730,958,69310,789,10743,406,621
Net cash used in investing activities (B)-3,374,951,404-2,586,669,946-11,349,145,143-4,864,091,977-4,151,222,9911,442,503,832
CASH FLOWS FROM FINANCING ACTIVITIES
Receipt from issue of debt securities-1,802,308,8391,943,698,0004,222,188,2843,005,153,898-14,452,834
Repayment of debt securities--500,000,000––--
Receipt from issue of subordinated liabilities--––--
Repayment of subordinated liabilities--––--
Receipt from issue of shares--––-1,330,316,899
Dividends paid--15,281,281-907,058,719-45,446,211-72,392,319-49,364,656
Interest paid-1,052,455,840-943,563,077-1,028,214,634-702,892,984-194,131,344-36,696,304
Other receipt/payment--––--
Net cash from financing activities (C)-1,052,455,840343,464,4818,424,6473,473,849,0892,738,630,2361,229,803,103
Net increase (decrease) in cash and cash equivalents3,910,656,37911,608,152,121-7,920,029,60512,082,053,4594,652,658,334-69,379,803
Cash and cash equivalents at Shrawan 01 (beginning of the year)23,902,662,78412,294,510,66320,214,540,2688,132,486,8093,479,828,4753,549,208,278
Effect of exchange rate fluctuations on cash and cash equivalents held––––
Cash and cash equivalents at Asar end (end of the year)27,813,319,16323,902,662,78412,294,510,66320,214,540,2688,132,486,8093,479,828,475