Siddhartha Bank Limited (SBL)

Siddhartha Bank Limited (SBL) Annual Balance Sheet

Particulars20792078207720762075
Cash and cash equivalent7,928,989,0245,976,055,5885,959,187,6928,155,811,6175,856,403,121
Due from Nepal Rastra Bank5,730,448,5357,740,641,9929,507,945,1226,105,971,37012,932,601,408
Placement with Bank and Financial Institutions320,313,2553,308,708,3651,067,074,1801,033,120,2161,413,565,617
Derivative financial instruments19,694,323146,940,556110,715,8199,749,872,3129,954,167,654
Other trading assets––147,021,24880,731,13081,317,739
Loan and advances to B/FIs6,403,394,1426,027,862,0034,004,351,9523,273,145,2322,841,166,306
Loans and advances to customers178,587,363,232158,579,235,014123,572,725,466104,876,299,98983,236,087,535
Investment securities57,368,161,73241,825,293,77022,502,829,31817,490,997,05411,041,619,649
Current tax assets221,065,203127,218,846159,621,893154,337,31068,228,757
Investment in subsidiaries51,000,00051,000,00051,000,00051,000,00051,000,000
Investment in associates––---
Investment property213,307,612291,042,098136,607,745123,350,704154,637,535
Property and equipment3,077,068,3551,451,931,8031,422,340,1381,279,315,0691,072,322,808
Goodwill and Intangible assets71,490,97181,501,245101,985,67433,939,39012,089,083
Deferred tax assets––---
Other assets4,334,727,1273,460,601,6131,841,754,0731,623,233,8671,104,473,251

Total Assets

264,327,023,510

229,068,032,894

170,585,160,318

154,031,125,260

129,819,680,463

Due to Bank and Financial Institutions7,234,641,5067,717,011,2446,759,236,7988,404,327,7317,448,514,711
Due to Nepal Rastra Bank24,965,102,7535,859,906,91020,054,195984,061,065692,426,920
Derivative financial instruments19,359,60694,517,303-9,624,998,07910,024,216,699
Deposits from customers191,550,643,583180,924,009,324139,609,497,543114,923,367,53494,579,591,123
Borrowing1,022,800,000–---
Current Tax Liabilities––---
Provisions––---
Deferred tax liabilities239,223,287966,719,229159,215,54170,374,490261,913,156
Other liabilities6,034,819,6844,941,503,5582,863,326,5652,026,882,1271,906,669,561
Debt securities issued11,662,559,0008,162,559,0005,162,559,0002,966,079,0001,203,520,000
Subordinated Liabilities––---

Total Liabilities

242,729,149,419

208,666,226,568

154,573,889,642

139,000,090,026

116,116,852,170

Share capital12,524,426,83510,962,299,1999,787,767,1428,887,604,5408,464,385,276
Share premium––-122,091,505122,091,505
Retained earnings1,359,868,4801,808,628,8001,245,988,0521,801,400,7421,184,426,033
Reserves7,713,578,7767,630,878,3264,977,515,4814,219,938,4473,931,925,480

Total Equity

21,597,874,092

20,401,806,326

16,011,270,676

15,031,035,234

13,702,828,294

Total Liabilities and Equity

264,327,023,510

229,068,032,894

170,585,160,318

154,031,125,260

129,819,680,463

Siddhartha Bank Limited (SBL) Annual Income Statement

Particulars20792078207720762075
Interest income20,677,563,97514,949,205,42115,432,152,27312,972,540,68010,057,002,594
Interest expense14,080,716,4609,438,998,9849,858,014,8928,305,212,9026,620,744,057
Net interest income6,596,847,5155,510,206,4375,574,137,3814,667,327,7773,436,258,538
Fees and commission income1,505,592,3231,337,101,2971,073,835,8291,016,548,229779,704,041
Fees and commission expense285,888,969204,493,070151,302,384171,261,922127,903,277
Net fee and commission income1,219,703,3541,132,608,227922,533,445845,286,308651,800,764
Net interest, fee and commission income7,816,550,8696,642,814,6646,496,670,8265,512,614,0854,088,059,302
Net trading income442,926,681777,640,273511,718,730453,355,380258,680,709
Other operating income532,489,9001,042,360,844161,585,533120,180,985308,497,248

Total operating income

8,791,967,4508,462,815,7817,169,975,0896,086,150,4504,655,237,259
Impairment charge/(reversal) for loan and other losses607,471,211793,069,069686,420,527188,116,798230,393,540

Net operating income

8,184,496,2387,669,746,7126,483,554,5625,898,033,6524,424,843,719
Personnel expense2,685,015,4442,368,241,3812,156,186,7231,689,202,3191,085,844,188
Other operating expense827,855,831932,137,985962,765,346783,731,904490,920,608
Depreciation & Amortisation405,072,283202,641,830196,950,476141,395,226118,454,070

Operating Profit

4,266,552,6804,166,725,5163,167,652,0173,283,704,2042,729,624,852
Non operating income8,609,620540,449207,06416,786,100400,000
Non operating expense16,694,23924,67939,218,9771,021,617-

Profit before income tax

4,258,468,0614,167,241,2863,128,640,1053,299,468,6872,730,024,852
Current Tax1,396,816,3191,327,716,985997,719,6521,058,797,458819,700,870
Deferred Tax-40,812,300-15,304,042-12,693,262-17,017,0936,262,478

Profit for the period

2,902,464,0422,854,828,3432,143,613,7152,257,688,3231,904,061,504
Gains/(losses) from investments in equity instruments measured at fair value-2,128,408,1472,698,825,697372,194,024-252,031,582-457,720,085
Gains/(losses) on revalution–--
Actuarial gains/(losses) on defined benefit plans-165,352,051-97,653,986-33,746,315-84,146,410-2,793,432
Income tax relating to above items696,056,000-793,068,657-101,534,313100,853,398138,154,055
Net other comprehsive income that will not be reclassified to profit or loss-1,597,704,1991,808,103,054236,913,396-235,324,594-322,359,462
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-1,597,704,1991,808,103,054236,913,396-235,324,594-322,359,462

Total Comprehensive Income For The Period

1,304,759,8444,662,931,3972,380,527,1112,022,363,7291,581,702,042

Siddhartha Bank Limited (SBL) Annual Cash Flow Statement

Particulars20792078207720762075

CASH FLOW FROM OPERATING ACTIVITIES

Interest Received13,816,278,11714,325,322,78913,318,657,84212,267,157,9419,499,794,766
Fees and other income received1,505,592,3231,337,101,2971,073,835,8291,016,548,229779,704,041
Dividend received–128,7821,128,873182,867265,693
Receipts from other operating activities557,933,5301,722,900,284594,595,683514,842,712395,737,197
Interest paid-13,467,768,526-8,918,180,289-9,356,723,642-8,094,409,368-6,514,962,456
Commission and fees paid-285,888,969-204,493,070-188,631,886-171,261,922-127,903,277
Cash payment to employees-2,830,541,110-1,858,328,281-1,642,524,394-1,247,674,832-1,085,844,188
Other expense paid-844,550,070-932,162,664-964,654,821-784,753,521-580,014,297
Operating cash flows before changes in operating assets and liabilities-1,548,944,7055,472,288,8482,835,683,4853,500,632,1052,366,777,478
(Increase)/Decrease in operating assets
Due from Nepal Rastra Bank2,010,193,4571,767,303,130-3,401,973,7526,822,260,873-5,409,890,501
Placement with bank and financial institutions2,988,395,110-2,241,634,185-33,953,964375,640,119-982,965,942
Other trading assets–147,021,248-66,290,118586,609-40,326,551
Loan and advances to bank and financial institutions-375,532,139-2,023,510,051-731,206,720-431,978,926-422,122,644
Loan and advances to customers-20,537,864,943-35,954,012,971-19,431,254,453-21,828,329,252-18,584,928,096
Other assets4,251,087,1199,662,987,007-3,786,558,268-11,004,278,864234,808,330
Total-11,663,721,396-28,641,845,822-27,451,237,275-26,066,099,441-25,205,425,404
Increase/ (Decrease) in operating liabilites
Due to bank and financial institutions-482,369,738957,774,446-1,645,090,933955,813,0201,546,771,581
Due to Nepal Rastra Bank19,105,195,8435,839,852,715-964,006,870291,634,145186,712,881
Deposit from customers10,626,634,25941,314,511,78124,686,130,00920,343,776,41123,163,774,954
Borrowings -1,022,800,000----
Other Liabilities1,029,887,225-10,278,533,7235,242,973,5279,220,701,804802,212,777
Net cash flow from operating activities before tax paid18,089,481,48814,664,048,2452,704,451,9438,246,458,0442,860,824,267
Income taxes paid-1,634,007,759-1,295,313,939-1,140,356,310-1,214,399,107-829,257,633

Net cash flow from operating activities (A)

16,455,473,72813,368,734,3051,564,095,6337,032,058,9372,031,566,633

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of investment securities-17,671,276,109-16,524,508,512-4,639,638,239-5,893,804,404-1,306,610,304
Receipts from sale of investment securities–----
Purchase of property and equipment-1,876,681,451-211,598,643-327,967,899-345,624,193-466,736,283
Receipt from the sale of property and equipment19,255,1612,180,8141,876,774--
Purchase of intangible assets-14,609,102-10,611,866-81,597,262-26,289,170-2,803,675
Receipt from the sale of intangible assets–----
Purchase of investment properties–----19,325,996
Receipt from the sale of investment properties–--31,286,83131,111,111
Interest received1,975,109,3591,157,397,363879,105,254571,384,441467,661,342
Dividend received428,905,17597,880,04677,453,32776,972,454139,200,013

Net cash used in investing activities (B)

-17,139,296,966-15,489,260,798-4,090,768,045-5,586,074,040-1,157,503,793

CASH FLOWS FROM FINANCING ACTIVITIES

Receipt from issue of debt securities4,000,000,0003,000,000,0002,500,000,0002,162,559,000-
Repayment of debt securities-500,000,000--303,520,000-400,000,000-
Receipt from issue of subordinated liabilities–----
Repayment of subordinated liabilities–----
Receipt from issue of shares–---879,849,932
Dividends paid-82,217,244-293,633,014-1,345,126,966-690,693,838-
Interest paid-612,947,934-520,818,695-501,291,250-210,803,534-105,781,600
Other receipt/payment-168,078,149-48,153,903-20,013,297-7,638,028122,091,505

Net cash from financing activities (C)

853,423,600896,159,837
Net increase (decrease) in cash and cash equivalents2,636,756,6722,137,394,388330,048,487
Cash and cash equivalents at Shrawan 01 (beginning of the year)1,952,933,43516,867,895-2,196,623,925
Cash and cash equivalents acquired from the merger5,976,055,5885,959,187,6928,155,811,6175,856,403,1214,086,180,443
Effect of exchange rate fluctuations on cash and cash equivalents held–----

Cash and cash equivalents at Asar end (end of the year)

7,928,989,0245,976,055,5885,959,187,6928,155,811,6175,856,403,121