AnnualReport207475 PDF

;qf}+
jflif{s k|ltj]bg
jflif{s k|ltj]bg @)&$÷&% 1

2 jflif{s k|ltj]bg @)&$÷&%
ljifo ;"rL
qm=;= ljj/0f k[i7
!= ;qf}+ jflif{s ;fwf/0f;efsf] ;"rgf !
@= ;fwf/0f ;ef ;DaGwL ;+lIfKt hfgsf/L @
#= a}+s ;+rfns ;ldltsf cWoIfHo"sf] ;Gb]z ^
$= ;+rfns ;ldltsf] jflif{s k|ltj]bg *
%= Plss[t n]vfk/LIfssf] k|ltj]bg !*
^= Plss[t ljQLo cj:yfsf] ljj/0f -jf;nft_ @)
&= Plss[t gfkmf gf]S;fg ljj/0f @!
*= Plss[t cGo lj:t[t cfDbfgLsf] ljj/0f @@
(= Plss[t OlSj6Ldf ePsf] kl/jt{gsf] ljj/0f @#
!)= Plss[t gub k|jfx ljj/0f @%
!!= n]vf ;DaGwL l6Kk0fLx? tyf k|d'v n]vfgLltx? @^
!@= cg';"rLx? $*
!#= Disclosures &^
!$= lwtf]kq btf{ tyf lgisfzg lgodfjnL, @)&# adf]lhdsf] ljj/0f !!)
!%= g]kfn /fi6« a}+ssf] lgb]{zg !!%
!^= k|aGwkq / lgodfjnL ;+zf]wgsf] tLg dxn] ljj/0f !!^

l;4fy{ a}+s lnld6]8sf z]o/wgL dxfg'efjx?nfO{
;qf}+ jflif{s ;fwf/0f;efsf] ;"rgf
>L z]o/wgL dxfg'efjx¿,
o; a}+ssf] ldlt @)&% ;fn d+l;/ @) ut] -tbg';f/ )^ l8;]Da/ @)!*_ sf lbg a;]sf] ;~rfns ;ldltsf] #)%cf}+ a}7ssf]
lg0f{ofg';f/ a}+ssf] ;qf}+ jflif{s ;fwf/0f ;ef lgDg ldlt, ;do / :yfgdf lgDg ljifox?df 5nkmn tyf lg0f{o ug{ a:g] ePsf]
x'Fbf ;Dk"0f{ z]o/wgL dxfg'efjx?sf] hfgsf/L Pjd\ pkl:yltsf] nflu xflb{s cg'/f]w ub{5' .
!= ;ef x'g] ldlt, ;do / :yfg
ldlt M @)&% ;fn kf}if @# ut] ;f]daf/ -tb\cg';f/ )& hgj/L @)!(_
:yfg M /fli6«o ;efu[x, k|bz{gL dfu{, sf7df8f}+
;ef z'? x'g] ;do M laxfg !! ah]
pkl:ylt k'l:tsf laxfg ( ah] b]lv g} v'Nnf /flvg] 5 .
5nkmnsf ljifox? M
-s_ ;fdfGo k|:tfj
!= cfly{s jif{ @)&$÷&% sf] ;~rfns ;ldltsf] jflif{s k|ltj]bg kfl/t ug]{ .
@= n]vfk/LIfssf] k|ltj]bg ;lxt @)&% cfiff9 d;fGtsf] jf;nft / ldlt @)&$ >fj0f ! b]lv @)&% cfiff9 d;fGt
;Ddsf] gfkmf gf]S;fg lx;fa, ;f]xL cjwLsf] gub k|jfx ljj/0f, OSjL6Ldf ePsf] kl/jt{g / tt\;DaGwL cg';"rLx? kfl/t
ug]{ .
#= o; a}+ssf] ;xfos sDkgL æl;4fy{ Soflk6n ln=Æ sf] cf=j= @)&$÷&% sf] ljQLo ljj/0f ;lxtsf] Plss[t (Consolidated)
ljQLo ljj/0f :jLs[t ug]{ .
$= sDkgL P]g, @)^# sf] bkmf !!! / a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)&# sf] bkmf ^# cg';f/ a}+ssf] n]vfk/LIf0f
;ldltsf] l;kmfl/z adf]lhd cfly{s jif{ @)&%÷&^ sf] nflu afXo n]vfk/LIfs lgo'Qm ug]{ / lghsf] kfl/>lds tf]Sg] .
-axfnjfnf n]vfk/LIfs >L P;Pcf/ P;f]l;P6;\, rf6{8 Psfp06]06\; k'gMlgo'Qm x'g of]Uo x'g'x'G5 ._
%= a}+ssf] r'Qmf k"FhL ? *,$^,$#,*%,@&^ sf] *=!^ k|ltztsf b/n] ?= ^(,)^,(#,*#* -cIf/]kL] pgfG;Q/L s/f]8 5
nfv lqofgAa] xhf/ cf7 ;o c8lt; ?k}+off dfq_ gub nfef+z -af]g; z]o/ tyf gub nfef+zdf nfUg] s/ ;d]t_ k|bfg
ug]{ ;DaGwL ;~rfns ;ldltsf] k|:tfj :jLs[t ug]{ .
-v_ ljz]if k|:tfj
!= ;~rfns ;ldltn] k|:tfj u/] adf]lhd a}+ssf] r'Qmf k"FhL ? *,$^,$#,*%,@&^ sf] % k|ltztsf b/n] x'g] ?= $@,#@,!(,@^$
-cIf/]kL] aofnL; s/f]8 alQ; nfv pGgfO; xhf/ b'O{ ;o rf};¶L ?k}+of dfq_ a/fa/sf] af]g; z]o/ k|bfg ug]{ . ;fy}, ;f]
cg';f/ af]g; z]o/ hf/L ubf{ x'g cfpg] leGg c+s (Fraction) nfO{ ;DalGwt z]o/wgLn] k|fKt ug]{ gub nfef+zaf6
s§f÷;dfof]hg u/L ;f] leGg c+snfO{ k"0f{ c+s sfod u/L af]g; z]o/ hf/L ug]{ / ;f] sf sf/0f hf/L tyf r'Qmf
k"FhLdf x]/km]/ x'g] ePdf ;f] xb ;Dd ldnfO{ cfjZos hf/L tyf r'Qmf k"FhL sfod ug{ ;+rfns ;ldltnfO{ :jLs[tL k|bfg
ug]{ / ;f] ubf{ ;d]t leGg c+s (Fraction) afFsL ePdf oyfjt /fVg] .
@= dfly ljz]if k|:tfj g+= ! adf]lhd af]g; z]o/ hf/L u/]sf sf/0f x'g] k"FhL j[l4 nufotsf ljifox? ;dfj]z u/L a}+ssf]
k|aGwkq tyf lgodfjnLdf ;+zf]wg÷yk ug]]{ .
#= k|aGwkq / lgodfjnL ;+zf]wg :jLs[ltsf] qmddf lgodgsf/L lgsfoaf6 s'g} km]/abn, yk36 ug{ lgb]{zg jf ;'emfj ePdf
;f]xL adf]lhd ug{ ;~rfns ;ldltnfO{ jf ;~rfns ;ldltn] tf]s]sf] kbflwsf/LnfO{ clVtof/L k|Tofof]hg ug]{ .
$= ;+:yfut ;fdflhs pQ/bfloTj cGtu{t ljleGg ;+:yfx?nfO{ ;xof]u :j?k k|bfg ul/Psf ?= Ps nfv eGbf dflysf]
cg'bfg tyf ;xof]u /sd pknAw u/fpg] ;~rfns ;ldltsf] lg0f{onfO{ sDkgL P]g adf]lhd cg'df]bg ug]{ .
-u_ ljljw
;~rfns
s ;ldltsf]
;ldlts cf1fn]
sDkgLL ;lrj
l
;fwf/0f ;ef ;DaGwL ;+lIfKt hfgsf/L
!_ ;fwf/0f ;efsf] k|of]hgsf] nflu ldlt @)&% ;fn kf}if )( ut] Ps lbgsf] nflu a}+ssf] z]o/ bflvn vf/]h btf{ aGb ul/g] 5 .
;f] lbg eGbf cl3 z]o/ afF8kmfF8 eO{ jf g]kfn :6s PS;r]~h lnld6]8df ;f] lbg eGbf cl3 sf/f]af/ eO{ a}+ssf]
z]o/wgL btf{ lstfadf sfod z]o/wgLx?n] ;efdf efulng, 5nkmn ug{ / dtbfg ug{ ;Sg' x'g]5 .
@_ z]o/wgLx?n] cfkm} jf k|ltlglw dfkm{t ;efdf efu lng, 5nkmn ug{ / dtbfg ug{ ;Sg]5g\ . gfafns z]o/wgLx?sf]
tkm{af6 gfafnssf] ;+/Ifs jf lghn] lgo'Qm u/]sf] k|ltlglwn] ;efdf efu lng, 5nkmn ug{ / dtbfg ug{ ;Sg]5g\ .
z]o/wgLx?sf] btf{ lstfadf ;+/Ifssf] ?kdf gfd n]lvPsf] JolQmnfO{ dfq ;+/Ifs dflgg]5 .
#_ ;+o'Qm ?kdf Ps hgf eGbf a9L JolQmsf] gfddf z]o/ lnPsf]df To:tf] ;fem]bf/x?åf/f dgf]lgt ul/Psf] ;fem]bf/n]
jf lghx?n] dgf]lgt u/]sf] k|ltlglwn] / ;f] adf]lhd s'g} ;fem]bf/ dgf]lgt x'g g;s]sf]df z]o/wgLx?sf] btf{ lstfadf
h;sf] gfd klxn] pNn]v ePsf] 5 ;f]lx JolQmn] lbPsf] dt jf k|ltlglwkq dfq ;b/ x'g]5 .
$_ ;efdf efu lng, 5nkmn ug{ / dtbfg ug{sf] nflu k|ltlglw lgo'Qm ug{ rfxg] z]o/wgLn] a}+ssf] csf]{ s'g} z]o/wgLnfO{
dfq k|ltlglw lgo'Qm ug{ ;Sg'x'g]5 .
%_ k|ltlglw lgo'Qm x'g] z]o/wgLn] ;ef ;'? x'g' eGbf $* 306f cufj} k|ltlglwkq o; a}+ssf] z]o/ /lhi6«f/ l;4fy{
Soflk6n lnld6]8 gf/fo0frf}/, gS;fn, sf7df08f}+df a'emfO{ ;Sg'kg]{5 .
^_ k|ltlglw lgo'Qm u/L ;f]sf] nflu k|ltlglwkq o; a}+ssf] z]o/ /lhi6«f/ l;4fy{ Soflk6n ln=, gf/fo0frf}/, gS;fn,
sf7df8f}+df a'emfO{ ;s]kl5 k|ltlglw ab/ u/L csf]{ k|ltlglw lbg rfx]df ;f]sf] ;"rgf ;ef ;'? x'geGbf $* 306f cufj}
o; a}+ssf] z]o/ /lhi6«f/ l;4fy{ Soflk6n ln=, gf/fo0frf}/, gS;fn, sf7df8f}+df g} lbg'kg]{5 .
&_ Ps} z]o/wgLn] Ps eGbf a9L k|ltlglw lgo'Qm u/]sf] cj:yfdf bkmf ^ adf]lhd ab/ ul/Psf]df afx]s To:tf] ;a}
k|ltlglw ab/ x'g]5 .
*_ k|ltlglw lgo'Qm ug]{ z]o/wgLn] s'g} sf/0fjz To:tf] k|ltlglw ab/ u/L cfkm} ;efdf pkl:yt eO{ ;efdf efu lng, 5nkmn
ug{ / dtbfg ug{ rfx]df ;f]sf] lnlvt ;"rgf ;ef z'? x'g' eGbf $* 306f cufj} o; a}+ssf] z]o/ /lhi6«f/ l;4fy{
Soflk6n ln=, gf/fo0frf}/, gS;fn, sf7df08f}+df a'emfO{ ;Sg' kg]{5 .
(_ ljljw zLif{s cGtu{t k|Zg ug{ rfxg] z]o/wgLn] cfkm"n] k|Zg ug{ rfx]sf] ljifo af/] ;ef x'g' eGbf & lbg cufj} a}+ssf]
xfQL;f/, sf7df8f+} l:yt k|wfg sfof{nodf hfgsf/L lbg' kg]{5 . To;/L hfgsf/L glbPsf] ljifo pk/ 5nkmn ug{
;lsg] 5}g .
!)_ z]o/ k|df0f–kq jf z]o/ :6]6d]06 k|fKt u/L g;Sg' ePsf z]o/wgLn] o; a}+ssf] z]o/ /lhi6«f/ l;4fy{ Soflk6n ln=,
gf/fo0frf}/, gS;fn, sf7df08f}+af6 z]o/ k|df0f–kq jf cfkm\gf] lxtu|fxL vftf /x]sf] ;+:yfdf uO{ :6]6d]06 lng'
kg]{5 . ;efsf] lbg ;ef sIfdf z]o/ k|df0f–kq ljt/0f ul/g] 5}g .
!!_ cfkm\gf] kl/rokq ;lxt a}+sn] hf/L u/]sf] k|j]z–kq jf z]o/ k|df0f–kq jf a}+ssf] z]o/ cef}ltsLs/0f u/]sf] b]lvg]
cef}ltsLs/0f vftf (DMAT Account) sf] ljj/0f (BOID Statement) k|:t't u/]kl5 dfq ;efsIf leq k|j]z ug{ kfO{g]5 .
!@_ ;efsf] lbg ;ef z'? x'g' eGbf klxn] g} pkl:yt eO{lbg' x'g xflb{s cg'/f]w ub{5f}+ . ;fy} z]o/wgL dxfg'efjx?sf]
;'ljwfsf] nflu ;ef x'g] lbg laxfg (M)) ah] b]lv xflh/ k'l:tsf v'Nnf /xg]5 .
gf]6M
!= ;fwf/0f;ef;Fu ;DalGwt jflif{s k|ltj]bg / 5nkmnsf ljifox? o; a}+ssf] j]a;fO6 www.siddharthabank.com df
klg /flvPsf] x'Fbf ToxfFaf6 ;d]t x]g{ ;lsg] Joxf]/f hfgsf/L u/fpFb5f}+ .
@= cGo hfgsf/Lsf] nflu a}+ssf] /lhi68{ sfof{no, xfQL;f/, sf7df08f}+ l:yt sDkgL ;lrjsf] sfof{no
-6]lnkmf]g g+= )!–$$$@(!(÷$$$@(@)_ df ;Dks{ /fVg ;d]t cg'/f]w ul/G5 .

;fwf/0f ;efdf dtbfg ug{ cfkm\gf] k|ltlglw lgo'Qm ug]{ lgj]bg
>L ;~rfns ;ldlt,

l;4fy{ a}+s lnld6]8,
xfQL;f/, sf7df8f}+ .
ljifo M k|ltlglw lgo'Qm u/]sf] af/] .
dxfzo,
============================= lhNnf ===================================================== d=g=kf=÷g=kf=÷uf=kf= j8f g+= ================ a:g] d÷xfdL ================================================================= n] To; a}+ssf] z]o/wgLsf]
x}l;otn] ldlt @)&% ;fn kf}if @# ut] ;f]daf/sf lbg x'g] ;qf}+ jflif{s ;fwf/0f ;efdf :jo+ pkl:yt eO{ 5nkmn tyf lg0f{odf
;xefuL x'g g;Sg] ePsfn] pQm ;efdf efu lng tyf dtbfg ug{sf nflu ===================================== lhNnf =================================== d=g=kf=÷g=kf=÷uf=kf=
j8f g+ ==================== a:g] To; sDkgLsf z]o/wgL >L=============================================================================================================================================================== -z]o/ k|df0fkq÷z]o/wgL
÷lxtu|fxL g+= =========================================================================================================_ nfO{ d]/f]÷xfd|f] k|ltlglw dgf]lgt u/L k7fPsf] 5'÷5f}+ .
lgj]bs
b:tvtM
gfdM
7]ufgfM
z]o/ k|df0fkq÷z]o/wgL÷lxtu|fxL g+=
lsQf g+=======================================b]lv=================================================;Dd
hDdf z]o/ ;+VofM
ldltM
b|i6Jo M of] lgj]bg ;fwf/0f;ef x'g'eGbf sDtLdf $* 306f cufj} a}+ssf] z]o/ /lhi6«f/ l;4fy{ Soflk6n lnld6]8 gf/fo0frf}/,
gS;fn, sf7df08f}+df k]z u/L ;Sg'kg]{5 .
k|j]z kq
z]o/wgLsf] gfd M >L ====================================================================================================================================
z]o/ k|df0fkq g+=÷z]o/wgL÷lxtu|fxL g+= =============================================================================================================================== z]o/ ;+VofM ============================
l;4fy{ a}+s lnld6]8sf] ;qf}+ jflif{s ;fwf/0f ;efdf pkl:yt x'g hf/L ul/Psf] k|j]z kq
============================================================ ================================================
=====================================
z]o/wgLsf] x:tfIf/ sDkgL ;lrj ;lr
-;efdf efu lng cfpFbf of] k|jz

] –kqdf gfd, b:tvt, z]o/sf] k|=k=g=+ ÷z]o/wgL g+= tyf s'n z]o/ ;+Vof pNn]v u/L ;fy} lnO{ cfpg'
clgjfo{ 5 ._

k|d'v ;'rsx?

l;4fy{ a}+s lnld6]8sf] ;qf}+ jflif{s ;fwf/0f;efdf
a}+s ;+rfns ;ldltsf cWoIf >L dgf]h s'df/ s]l8ofsf] ;Gb]z
cfb/0fLo z]o/wgL dxfg'efjx?
o; l;4fy{ a}+ssf] ;qf}+} jflif{s ;fwf/0f ;efdf pkl:yt cfb/0fLo z]o/wgL dxfg'efjx?, o; ;efdf xfd|f] lgdGq0ff l:jsf/
ul/ kfNg' ePsf lgodgsf/L lgsfosf k|ltlglwx?, a}+ssf afXo n]vfkl/Ifs, a}+sdf sfo{/t sd{rf/Lx? Pj+ pkl:yt ;d:t
dxfg'efjx?nfO{ ;~rfns ;ldlt / d]/f] JolQmut tkm{af6 o; ul/dfdo ;efdf xflb{s :jfut ug{ rfxG5' . a}+sn] ut cfly{s
jif{df / rfn' cf=j=sf] xfn;Dd u/]sf] sfo{x? ;d]tsf] lj:t[t ljQLo ljj/0fx? ;+rfns ;ldltsf] k|ltj]bgdf ;dfj]z ul/Psf] x'Fbf
;+If]kdf cfkm\gf] dGtJo /fVg rfxG5' .
a}+sn] cfkm\gf] :yfkgfsfnsf] !^ jif{ k'/f u/L !& jif{df k|j]z u/]sf] 5 . ;Dk"0f{ z]o/wgL dxfg'efjx?sf] lg/Gt/sf] ;fy, ;xof]u Pj+
of]ubfgsf sf/0f cfh l;4fy{ a}+s a}+lsË pBf]usf] Pp6f k|ltli7t Pj+ e/kbf]{ ;+:yfsf] ?kdf lrlgg ;kmn ePsf] 5 . o;sf nflu
;+rfns ;ldltsf] tkm{af6 oxfFx? k|lt xflb{s cfef/ JoQm ub{5' . ;Dk"0f{ z]o/wgL dxfg'efjx?sf] ljZjf;, u|fxsx?sf] ;fy / ;xof]u,
a}+ssf] Joj:yfkg nufot ;Dk"0f{ sd{rf/Lx?sf] d]xgt Pj+ kl/>d tyf g]kfn /fi6« a}+s nufotsf lgodgsf/L lgsfox?af6 k|fKt dfu{
lgb]{zg ;d]tn] ubf{ g} cfh l;4fy{ a}+s Pp6f ;an / ;d[4 ;+:yfsf] ?kdf :yflkt x'g ;kmn ePsf] 5 .
b]zdf :yfgLo, k|b]z Pj+ ;+3Lo tx u/L ltg} txsf] lgjf{rg ;DkGg eO{ :yL/ ;/sf/ ag]sf] cj:yfdf ca b]z cfly{s If]qsf]
ljsf;df s]Gb|Lt x'g] ck]Iff ul/Psf] 5 . t/ a}+lsË If]qdf t/ntfsf] ;d:of eg] cem} p:t} /x]sf] 5 / rfn' cf=j=df a}+lsË
If]qdf t/ntfsf] cj:yf emg uDeL/ ag]sf] 5 / slt cjwL;Dd o:tf] /xG5 eGg] k|i6 cg'dfg ug{ ;d]t cK7]/f] cj:yf 5 . o:tf]
cj:yfdf Aofhb/df b]lvPsf] tLj| ptf/ r9fjn] a}+ssf] ;du| Joj;fonfO{ k|efljt kfl//x]sf] 5 . t/ntfsf sf/0f nufgLof]Uo
/sdsf] cefj x'g yfn]sf] 5 .
ljljw r'gf}ltsf afjh'b klg a}+sn] art, rNtL vftfx?sf ;fy} d'2tL vftfdf ;fjwfgLk"j{s lgIf]k j[l4 Pj+ ;Gt'ng sfod /fVb}
t/ntf Joj:yfkg ub}{ cfPsf] 5 eg] csf]{tkm{ a}+sn] g]kfn /fi6« a}+sn] tf]s]sf] dfu{lgb]{zg cg'?k pTkfbgd'ns If]qx?, hn>f]t,
pBf]u snsf/vfgf, ko{6g tyf xf]6n, ;fgf tyf demf}nf pBd Joj;fo, Jofkf/ nufot ;a} If]qdf ;Gt'lnt ?kdf nufgL lj:tf/
ub}{ ;Gt'lnt a}lsË Joj;fo ub}{ cfO/x]sf] 5 .
;dLIff cjlwdf a}s + sf] r'Qmf kFh
" L ?= ^ ca{ ^@ s/f]8af6 j[l4 eO{ ?= * ca{ $^ s/f]8 k'us ] f] 5 . g]kfn /fi6« a}s
+ n] tf]ss
] f] Go'gtd r'Qmf
k"h
F L ?= * ca{ a}s + n] ;dodfg} k'¥ofpg ;kmn ePsf] 5 . To;}u/L, a}s + sf] r'Qmf k"h
F L ?= * ca{ $^ s/f]8 $# nfv *% xhf/ @ ;o
&^ sf] *=!^ k|ltztsf b/n] ?= ^( s/f]8 ^ nfv (# xhf/ * ;o #* ?k}o+ f gub nfef+z -af]g; z]o/ tyf gub nfef+zdf nfUg] s/
;d]t_ / a}s + sf] ;f] r'Qmf k"h
F Lsf] % k|ltztsf b/n] x'g] ?= $@ s/f]8 #@ nfv !( xhf/ @ ;o ^$ ?k}o+ f a/fa/sf] af]g; z]o/ k|bfg
ug]{ k|:tfj o;} ;fwf/0f ;ef ;dIf :jLs[ltsf] nflu k]z ul/Psf] 5 . k|:tfljt af]g; z]o/ kfl/t eP kZrft a}s + sf] r'Qmf k"h F L ?= * ca{
** s/f]8 &^ nfv $ xhf/ % ;o $) k'Ug]5 . o;af6 lgodg lgsfon] tf]ss ] f] Go'gtd dfkb08 eGbf a9L r'Qmf k"h F L sfod u/L a}s +
kFh
" Lut ?kdf cem ;an / ;Ifd ePsf] 5 .
ca d oxfFx? ;dIf a}s + n] cf=j= @)&$÷&% df xfl;n u/]sf] k|utL / rfn' cf=j=sf] k|If]lkt gfkmfsf] ;DaGwdf 5f]6s/Ldf hfgsf/L
u/fpg rfxfG5' . ;dLIff cjwLdf a+s } sf] lgIf]k ?= && ca{ #! s/f]8af6 j[l4 eO{ ?= !)! ca{ k'us ] f] 5, h'g ut cf=j=sf] t'ngfdf
#!=%( k|ltztsf] j[l4 xf] . To:t}, ;dLIff cjlwdf a+s } sf] shf{ ?= ^* ca{ #$ s/f]8af6 j[l4 eO{ ?= *& ca{ %* s/f]8 k'us ] f] 5, h'g
ut cf=j= sf]] t'ngfdf @*=!% k|ltztsf] j[l4 xf] . o;}u/L ;dLIff cjlwdf a+s } sf] nufgL ?= !@ ca{ ^) s/f]8af6 j[l4 eO{ ?= @) ca{
@* s/f]8 k'us ] f] 5, h'g ut cf=j=sf] t'ngfdf ^)=(@ k|ltztsf] j[l4 xf] . ;dLIff cjlwdf a+s } sf] v'b gfkmf ?= ! ca{ $) s/f]8af6
j[l4 eO{ ?= ! ca{ () s/f]8 k'us ] f] 5, h'g ut cf=j=sf] t'ngfdf #%=&* k|ltztsf] j[l4 xf] . ljleGg r'gf}tLsf dfem klg o; l;4fy{
a}s+ n] cf=j= @)&$÷&% df ;du| a}lsË If]qsf] cf};t pknAwL eGbf dfyLsf] pknAwL xfl;n ug{ ;Ifd ePsf] hfgsf/L o; u/Ldfdo
;ef ;dIf k]z ug{ kfpFbf cfgGb cg'et' L ePsf] 5 .
rfn' cf=j=sf] d+l;/ d;fGt:fDd a+}ssf] lgIf]k ?= !)^ ca{ $$ s/f]8 / shf{ ?= ($ ca{ #! s/f]8 /x]sf] 5 . ;fy}, a}+sn] o; cfly{s jif{sf] nflu
?= # ca{ #^ s/f]8 ;+rfng d'gfkmf ug]{ nIo lnPsf] 5 . a+}sn] rfn' cf=j=sf] k|yd qodf; ;Dddf ?= &$ s/f]8sf] ;+rfng d'gfkmf
/ ?= %# s/f]8sf] v'b gfkmf xfl;n u/]sf] 5 . k|lts'n kl/l:yltdf klg ;DklQsf] u'0f:t/ sfod /fVb} nlIft d'gfkmf xfl;n ug]{
u/L a}+sn] sfo{ ul//x]sf] Joxf]/f oxfFx? ;dIf hfgsf/L u/fpg rfxfG5' .
csf]{tkm{ a}+sn] a9\bf] k|ljlwsf] ljsf;;Fu} gubdf cfwfl/t e'QmfgL tyf sf/f]af/nfO{ qmdzM k|ljlwsf ljleGg dfWodaf6
sf/f]af/ ug]{ k|0ffnL ljsf;, ;'wf/ / kl/dfh{g ub}{ cfO/x]sf] / ;f]nfO{ eljiodf ;d]t lg/Gt/tf lbg] Joxf]/f d cfb/0fLo
z]o/wgL dxfg'efjx?nfO{ hfgsf/L u/fpg rfxfG5' . To:t}, a}+sn] ;bfem} ;+:yfut ;'zf;g tyf ;+:yfut ;fdflhs pQ/bfloTjnfO{
pRr k|fyldstfdf /fVb} cfPsf] 5 / eljiodf ;d]t o;nfO{ cem ;'b[9 kfb}{ lg/Gt/tf lbg] Joxf]/f ;d]t d cfb/0fLo z]o/wgL
dxfg'efjx?nfO{ hfgsf/L u/fpF5' .

ca d oxfFx?sf] Wofg a}+ssf] zfvf ;~hfn j[l4 tkm{ s]Gb|Lt ug{ rfxG5' . d'n'ssf] ;'ud If]qdf dfq geO{ b'u{d
If]qdf ;d]t a+}lsË ;'ljwfsf] kxF'r k'¥ofpg] p2]Zo :j?k ;dLIff cjlwdf a}+sn] $* :yfgx?df zfvf la:tf/
u/]sf] lyof] . To;}u/L a}+sn] rfn' cf=j= sf] d+l;/ d;fGt ;Dddf yk * j6f gofF zfvf lj:tf/ u/L rfn' cf=j=sf] d+l;/
d;fGt ;Dddf a}+sn] !@( j6f zfvf -# j6f PS;6]G;g sfpG6/ ;lxt_ ;~rfngdf Nofpg ;kmn ePsf] 5 .
zfvf la:tf/sf] ;Gbe{df ;do, kl/:yLlt Pj+ ;DefJo If]qsf] plrt ljZn]if0f u/L rfn' cf=j= sf] cGTo ;Dddf a}+sn] cfˆgf] s'n
zfvf ;~hfn !&% k'¥ofpg] nIo /fv]sf] 5, h;af6 b]zsf] ;'ud If]qdf dfq geO{ b'u{dIf]qdf ;d]t a+}lsË kxF'r k'¥ofpg] g]kfn
;/sf/ Pj+ g]kfn /fi6« a}+ssf] gLltdf ;d]t ljz]if of]ubfg k'Ug] ljZjf; a}+sn] lnPsf] 5 .
o;/L a}+sn] k|fKt u/]sf ljleGg pknAwLx? a}+s ;+rfns ;ldlt / Joj:yfkgsf] k|of; dfq}n] ;Dej ePsf] kSs} klg xf]Og .
z]o/wgL tyf u|fxs ju{sf] k"0f{ ;fy, ;xof]u / ljZjf;, sd{rf/Lx?sf] cys d]xgt, lgofds lgsfox?sf] dfu{bz{g / ljleGg
;/sf/L tyf u}/;/sf/L lgsfox?sf] ;xof]un] ubf{ g} a}+s o; cj:yfdf cfpg ;kmn ePsf] xf] . o;sf nfuL d oxfFx? ;a}
k|lt xflb{s s[t1tf hfx]/ ub{5' / eljiodf ;d]t oxfFx? ;a}af6 ;bf em}+ ;xof]u, ;b\efj, ljZjf; / dfu{bz{g k|fKt x'g] cfzf Pj+
ljZjf; lnPsf] 5' . a}+ssf] ;+rfns ;ldltsf] lj:t[t k|ltj]bg oxfFx?sf] xftxftdf /x]sf] x'Fbf ;f]sf] cWoog u/L cfjZos ;'emfj
k|bfg ul/lbg' x'g d oxfFx? ;dIf cg'/f]w ub{5' .
wGojfb
dgf]h s'df/ s]l8of

cWoIf
;+rfns ;ldlt
ldlt M @)&% ;fn kf}if @# ut]

l;4fy{ a}s lnld6]8
;+rfns ;ldltsf] jflif{s k|ltj]bg
cfb/0fLo z]o/wgL dxfg'efjx? cg's'n df};d, Joj;flos jftfj/0fdf cfPsf] ;'wf/, phf{
a}+sn] cfkm\gf] :yfkgfsfnsf] !^ jif{ k'/f u/L !& jif{df k|j]z u/]sf] cfk"lt{df ePsf] j[l4 / ko{6s cfudg a9]sf] sf/0f ;dli6ut
k"j{ ;GWofdf tkfO{ ;Dk"0f{ z]o/wgL dxfg'efjx?sf] lg/Gt/sf] ;fy, cfly{s kl/b[Zo ;sf/fTds /x]sf] 5 .
;xof]u Pj+ of]ubfgsf sf/0f cfh l;4fy{ a}+s, a}+lsË pBf]usf] Pp6f cf=j= @)&%÷&^ df jflif{s cf}ift pkef]Qmf d'b|f:kmLlt ^=%
k|ltli7t Pj+ e/kbf]{ ;+:yfsf] ?kdf :yflkt x'g ;kmn ePsf] 5 . k|ltztsf] ;Ldfleq /fVg] nIo /x]sf] 5 . jflif{s laGb'ut cfwf/
o;sf nflu ;+rfns ;ldlt oxfFx? ;dIf xflb{s cfef/ JoQm df @)&% c;f]hdf pkef]Qmf d'b|f:kmLlt $=& k|ltzt /x]sf] / @)&$
ub}{ ;Dk"0f{ z]]o/wgL dxfg'efjx?nfO{ o; ;qf}+ jflif{s ;fwf/0f c;f]hdf o:tf] d'b|f:kmLlt #=! k|ltzt /x]sf] lyof] . cg's'n
;efdf xflb{s :jfut ub{5 . cfly{s jif{ @)&$÷&% df a}+sn] df};d, Go"g cGt/f{li6«o d'b|f:kmLlt / cfk"lt{ Joj:yfkgdf
u/]sf k|utLx?, pknlAwx?, ;+rfngdf b]lvPsf r'gf}tLx? Pj+ cfPsf] ;'wf/ nufotsf sf/0f rfn' cfly{s jif{sf] klxnf]
eljiosf cNksfnLg tyf bL3{sfnLg of]hgfx? / ;du| a}+lsË qodf;df d'b|f:kmLlt Go"gg} /x]sf] 5 . oBlk, cGt/fli6«o ahf/
sfo{sf] ;dLIff tyf k'g/fjnf]sg ug{ sDkgL P]g, @)^#, lwtf]kq df sRrf k]6«f]lnodsf] d"No j[l4sf] pass through effect tyf
btf{ tyf lgisfzg lgodfjnL @)&#, tyf a}+s tyf ljQLo ;+:yf g]kfnL ?k}ofFsf] cjd"Nogsf sf/0f cfufdL lbgdf d'b|f:kmLltdf
;DaGwL P]g, @)&# sf] cwLgdf /xL tof/ ul/Psf] of] k|ltj]bg rfk kg{ ;Sg] hf]lvd eg] sfod} 5 . pRr cfoftsf] k|j[lt
;+rfns ;ldltsf] tkm{af6 a}+ssf] ;qf}+ jflif{s ;fwf/0f ;efdf sfod} /x]df ljb]zL ljlgdo ;l~rltdf yk bafa kg]{ hf]lvd 5 .
k|:t't ug]{ cg'dlt rfxG5' . cf=j= @)&%÷&^ sf] c;f]h ;Dddf ljk|]if0f cfk|jfx #&=# k|ltztn]
!= /fli6«o tyf cGt/f{li6«o cfly{s kl/b[Zo a9]sf] 5 . cl3Nnf] jif{sf] ;f]xL cjlwdf ljk|]if0f cfk|jfx @=^
k|ltztn] a9]sf] lyof] . cf=j= @)&%÷&^ sf] c;f]h ;Dddf Jofkf/
a}+sn] cf=j= @)&$.)&% df u/]sf d'Vo sfo{x? Pj+ k|fKt
3f6f $%=( k|ltztn] a9]sf] 5 . Jofkf/ 3f6fdf ePsf] pRr
u/]sf pknAwLx?, rfn' cf=j= sf] xfn;Dd ePsf d'ne"t
lj:tf/sf sf/0f ;dLIff cjlwdf rfn' vftf 3f6f ?= *! ca{
sfo{x?, cfufdL lbgsf r'gf}tLx? Pj+ a}+ssf] ;du| cfly{s
(^ s/f]8 / zf]wfgfGt/ 3f6f ?= #% ca{ $@ s/f]8 /x]sf 5g\ .
cj:yfsf af/]df pNn]v ug'{eGbf cl3 k|f/Dedf /fli6«o–cGt/f{li6«o
-;|f]tM g]kfn /fi6« a}+s_
cfly{s kl/l:yltsf] kl5Nnf] cj:yfsf af/]df ;+If]kdf rrf{ ug]{
cg'dlt rfxG5' . -u_ ljQLo If]qsf] cj:yf
-s_ ljZj cy{tGq cf=j= @)&$÷&% df s'n cfGtl/s shf{ @$=( k|ltztn] a9]sf]
df cl3Nnf] jif{ pQm shf{ nufgL @)=^ k|ltztn] a9]sf] lyof] .
ljZjsf] cfly{s j[l4b/ ljut Ps jif{b]lv l:y/ k|foM /x]sf] 5 .
;dLIff jif{df df}lb|s If]qsf] lghL If]qdflysf] bfjL @@=# k|ltztn]
;g\ @)!& df #=& k|ltztn] j[l4 ePsf] ljZj cy{tGq ;g\
a9]sf]df cl3Nnf] jif{ o:tf] bfjL !* k|ltztn] a9]sf] lyof] .
@)!* / ;g\ @)!( df ;d]t ;f]xL b/df lj:tf/ x'g] cGt/f{li6«o
d'b|f sf]ifsf] k|If]k0f 5 . ljsl;t b]zx?sf] cy{tGq lj:tf/df ;dLIff jif{df a}+s tyf ljQLo ;+:yfx?sf] lgIf]k !(=@ k|ltztn]
;+s'rg cfPklg pbLodfg tyf ljsf;f]Gd'v b]zx?sf] cy{tGq a9]sf]df cl3Nnf] jif{ o:tf] lgIf]k !$ k|ltztn] a9]sf] lyof] .
;an g} /xg] sf]ifsf] k|If]k0f 5 . ;g\ @)!* df ljsl;t @)&$ c;f/df a}+s tyf ljQLo ;+:yfx?sf] s'n lgIf]kdf rNtL,
b]zx?df @ k|ltzt /x]sf] d'b|f:kmLlt ;g\ @)!( df !=( k|ltzt art / d'2tLsf] c+z qmdzM (=# k|ltzt, #$=% k|ltzt / $$=*
/xg] / pbLodfg tyf ljsf;zLn b]zx?df ;g\ @)!* sf] % k|ltzt /x]sf]df cl3Nnf] jif{ o:tf] c+z qmdzM *=& k|ltzt, #%=$
k|ltztaf6 ;g\ @)!( df %=@ k|ltzt k'Ug] sf]ifsf] k|If]k0f 5 . k|ltzt / $#=@ k|ltzt /x]sf] lyof] .
;g\ @)!* df ;+o'Qm /fHo cd]l/sf, o'/f] Pl/of tyf ef/tn] ;dLIff jif{df a}+s tyf ljQLo ;+:yfx?Aff6 lghL If]qdf k|jflxt
sl;nf] df}lb|s gLlt cjnDag u/]sf 5g\ eg] hfkfg tyf rLgn] shf{ @@=% k|ltztn] a9]sf]df cl3Nnf] jif{ o:tf] shf{ !*=@
nlrnf] df}lb|s gLlt cjnDag u/]sf 5g . -;|ft] M g]kfn /fi6« a}s
+ _ . k|ltztn] a9]sf] lyof] . ;dLIff jif{df lghL If]qtkm{ k|jflxt
-v_ b]zsf] cy{tGq shf{ dWo] jfl0fHo a}+sx?sf] shf{ k|jfx @@=# k|ltztn], ljsf;
a}+sx?sf] @%=^ k|ltztn] / ljQ sDkgLx?sf] shf{ k|jfx @^=&
kl5Nnf] /fli6«o tyf cGt/f{li6«o cfly{s l:ylt Pj+d\ df}];dL k|ltztn] a9]sf] lyof] .
cj:yfdf ePsf] ljsf; qmdn] cf=j= @)&%÷&^ df b]zsf] ;du|
cfly{s kl/b[Zo ldl>t /xg] b]lvPsf] 5 . /fli6«o cy{tGqtkm{ ;dLIff jif{df s[lif If]qtkm{sf] shf{ %)=* k|ltzt, cf}Bf]lus
lgjf{rg ;DkGg ePsf], ltg} txsf ;/sf/x? u7g eO{ ah]6 pTkfbg If]qtkm{sf] shf{ @)=^ k|ltzt, lgdf{0f If]qtkm{sf] shf{
;d]t sfof{Gjogdf cfO{;s]sfn] cfly{s ultljlw lj:tf/sf nflu !(=# k|ltzt, yf]s tyf v'b|f Jofkf/tkm{sf] shf{ @@=$ k|ltzt,
;sf/fTds jftfj/0f ;[hgf ePsf] 5 . cf=j= @)&%÷&^ df * ;]jf If]qsf pBf]utkm{sf] shf{ @^=# k|ltzt / oftfoft, ;+rf/
k|ltztsf] xf/fxf/Ldf cfly{s j[l4 xfl;n x'g] nIo /x]sf] 5 . tyf ;fj{hlgs ;]jf If]qtkm{sf] shf{ @^=& k|ltztn] a9]sf] lyof] .

cf=j= @)&$÷&% df a}+s tyf ljQLo ;+:yfx?sf] nufgLdf /lx/x]sf] -s_ k"FhL
shf{ dWo] ^!=& k|ltzt shf{ 3/ hUufsf] lwtf]df / !$=$ k|ltzt ;dLIff cjlwdf a}+ssf] r'Qmf kF"hL ?= ^ ca{ ^@ s/f]8af6 j[l4
shf{ rfn' ;DklQ -s[lif tyf u}/–s[lifhGo j:t'_ sf] lwtf]df eO{ ?= * ca{ $^ s/f]8 k'u]sf] 5 . g]kfn /fi6« a}+sn] tf]s]sf]
k|jfx ePsf]df cl3Nnf] jif{ o:tf] lwtf]df k|jflxt shf{sf] cg'kft Go'gtd r'Qmf k"FhL ?= * ca{ a}+sn] ;dodfg} k'¥ofpg ;kmn
qmdzM ^)=( / !#=( k|ltzt /x]sf] lyof] . ;dLIff jif{df jfl0fHo ePsf] 5 .
a}+sx?af6 k|jflxt 6«i6 l/l;6 -cfoft_ shf{ &^=% k|ltztn] To;}u/L, a}+ssf] r'Qmf k"FhL ?= * ca{ $^ s/f]8 $# nfv *%
a9L ? !!# ca{ *& s/f]8 k'u]sf]df cl3Nnf] jif{ o:tf] shf{ xhf/ @ ;o &^ sf] *=!^ k|ltztsf b/n] ?= ^( s/f]8 ^
!!=@ k|ltztn] 36]sf] lyof] . o;}u/L, ;dLIff jif{df xfo/ kr]{h nfv (# xhf/ * ;o #* ?k}+of gub nfef+z -af]g; z]o/ tyf
shf{ !$=% k|ltztn] / cf]e/8«fkm\6 shf{ !$=$ k|ltztn] a9]sf] gub nfef+zdf nfUg] s/ ;d]t_ k|bfg ug]{ / a}+ssf] ;f] r'Qmf
lyof] . To:t}, ;dLIff jif{df ?= ! s/f]8 %) nfv;Ddsf] JolQmut k"FhLsf] % k|ltztsf b/n] x'g] ?= $@ s/f]8 #@ nfv !( xhf/
cfjf;Lo shf{ @)=@ k|ltzt / l/on :6]6 -JolQmut cfjf;Lo @ ;o ^$ ?k}+of a/fa/sf] af]g; z]o/ k|bfg ug]{ k|:tfj o;}
3/ shf{ ;d]t_ !&=) k|ltztn] a9]sf] lyof] . ;fwf/0f ;ef ;dIf :jLs[ltsf] nflu k]z ul/Psf] 5 . ;f] af]g;
z]o/ kfl/t eP kZrft a}+ssf] r'Qmf k"FhL ?= * ca{ ** s/f]8
t/ntf Joj:yfkg ;DaGwdf, cf=j= @)&$÷&% df v'nf ahf/ &^ nfv $ xhf/ % ;o #^ k'Ug]5 . o;af6 lgodg lgsfon]
sf/f]af/ dfkm{t k6s÷k6s u/L ? !)& ca{ #$ s/f]8 t/ntf tf]s]sf] Go'gtd dfkb08 eGbf a9L r'Qmf k"FhL sfod u/L a}+s
k|jfx ePsf] lyof] . o; cGtu{t l/kf] af]nsaf]ndfkm{t s'n ?= kF"hLut ?kdf cem ;an / ;Ifd ePsf] 5 .
^( ca{ &@ s/f]8 / ;f]em} v/Lb af]nsaf]ndfkm{t ?= #& ca{ ^@
s/f]8 t/ntf k|jfx ePsf] lyof] . ;fy}, ;dLIff jif{df a}+s tyf
-v_ lgIf]k
ljQLo ;+:yfx?n] k6s÷k6s u/L ?= #* ca{ ## s/f]8sf] :yfoL ;dLIff cjwLdf a+}ssf] lgIf]k ?= && ca{ #! s/f]8af6 j[l4
t/ntf ;'ljwf pkof]u u/]sf lyP . eO{ ?= !)! ca{ k'u]sf] 5, h'g ut cf=j=sf] t'ngfdf #!=%(
k|ltztsf] j[l4 xf] . a}+sn] ;dLIff cjlwdf ;+rfngdf NofPsf
cf=j= @)&$÷&% df v'nfahf/ sf/f]af/dfkm{t ?= !(% ca{ t/ ljleGg cfsif{s lgIf]k of]hgfx? Pj+ u|fxsx?n] a}sk|lt
ntf k|zf]rg ul/Psf]df cl3Nnf] jif{sf] ;f]xL cjlwdf ?= !@$ b]vfpg' ePsf] bx|f] ljZjf;sf] k|ltkmn :j?k a}+sn] lgIf]kdf
ca{ $% s/f]8 t/ntf k|zf]rg ul/Psf] lyof] . @)&$ c;f/df #!=%( k|ltztsf] j[l4 ug{ ;kmn ePsf] xf] . ut cf=j= df a}+sn]
(!–lbg] 6«]h/L lansf] efl/t cf};t Aofhb/ )=&! k|ltzt /x]sf] l;4fy{ Knfl6gd art, l;4fy{ ;d[l4 lgIf]k vftf / l;4fy{
df @)&% c;f/df #=&$ k|ltzt sfod ePsf] lyof] . @)&% c;f/ d]/f] z]o/ gfds gofF lgIf]k of]hgfx? ;+rfngdf NofPsf] lyof] .
df jfl0fHo a}+sx?sf] efl/t cf};t lgIf]k b/ ^=$( k|ltzt tyf u|fxs d}qL o; k|sf/sf art tyf d'2tL vftfx? dfkm{t a}+ssf]
shf{ b/ !@=$& k|ltzt /x]sfdf @)&$ c;f/df oL b/x? qmdzM lgIf]kdf pNn]Vo jl[4 x'g]5 eGg] a}+sn] ljZjf; lnPsf] 5 . o;
^=!% k|ltzt tyf !!=## k|ltzt /x]sf lyP . To;}u/L, jfl0fHo afx]s ;fljs b]lv ;+rfngdf /x]sf laleGg of]hgfx? k|efjsf/L
a}+sx?sf] cf};t cfwf/ Aofhb/ @)&$ c;f/sf] (=*( k|ltztsf] ?kdf cl3 al9 /x]sf 5g\ .
t'ngfdf @)&% c;f/df !)=$& k|ltzt sfod x'g cfPsf] lyof] .
-;|f]tM g]kfn /fi6« a}+s_ ?= s/f]8df
10,175 10,025
@= a}+ssf] cfly{s jif{ @)&$÷&% sf] sf/f]jf/sf] l;+xfjnf]sg 7,732
6,493
cf=j= @)&$÷)&% df a}+sn] cfkm\gf] k"FhL, Joj;fo nufot ;du|
If]qdf pNn]Vo k|ult u/]sf] 5 . ut b'O{ cfly{s jif{x?sf] b]xfo
adf]lhdsf k|d'v cfly{s ;"rsf+sx?af6 a}+ssf] cj:yf a'em\g
;xh x'g] ljZjf; ul/Psf] 5 .
@)&@÷&# @)&#÷&$ @)&$÷&% @)&%÷&^
?= s/f]8df -k|yd qodf;_
cf=j= cf=j= j[l4

qm=;= ljj/0f -u_ shf{
@)&#÷)&$ @)&$÷)&% k|ltzt
! r'Qmf k"FhL ^^@=*( *$^=$# @&=^( ;dLIff cjlwdf a+}ssf] shf{ ?= ^* ca{ #$ s/f]8af6 j[l4
@ s'n lgIf]k &,&#!=&% !),!&$=*@ #!=%( eO{ ?= *& ca{ %* s/f]8 k'u]sf] 5, h'g ut cf=j=sf] t'ngfdf
# s'n shf{ ^,*#$=&! *,&%*=$% @*=!% @*=!% k|ltztsf] j[l4 xf] . a}+sn] ;fgf tyf jfl0fHo a}+ssf]
$ s'n nufgL !,@^)=*@ @,)@*=() ^)=(@ ;]jfjf6 jl~rt ePsf ju{x?nfO{ ;d]t ;dflxt u/L Ps}
% v'b gfkmf !$)=@@ !()=$) #%=&*
ynf]af6 ;Dk"0f{ a}lsª ;]jf k|bfg ug]{ /0fgLlt cg'?k ut cf=j=af6
a}+sn] ut jif{ u/]sf d'ne't sf/f]af/ Pj+ cGo lqmofsnfkx?sf] 5'§} n3' a}+lsË ljefug} u7g u/L ;]jf k|bfg ub]{ cfO{/x]sf] 5 .
ljj/0f b]xfo cg';f/ lj:t[t ?kdf k|:t't ul/Psf] 5 . n3' a}+lsË ;]jf cGtu{t a}+sn] l;4fy{ ;/n n3' shf{, l;4fy{

;/n s[lif shf{, l;4fy{ l/S;f shf{ h:tf ;/n Pj+ k|efjsf/L j[l4 xf] . a}+ssf] d'n cfDbfgLsf] ?kdf /x]sf] Aofh cfDbfgLnfO{
;]jfx? sfof{Gjogdf NofPsf] 5 . eljiodf j[l4 ub}{ n}hfg] a}+sn] /0fgLlt th{'df u/]sf] 5 .
?= s/f]8df -5_ ;+rfng d'gfkmf
9,118
8,758 ;dLIff cjlwdf a+}ssf] ;+rfng d'gfkmf ?= @ ca{ % s/f]8af6
6,835 j[l4 eO{ ?= @ ca{ &# s/f]8 k'u]sf] 5, h'g ut cf=j=sf] t"ngfdf
5,738
sl/a ## k|ltztsf] j[l4 xf] .
?= s/f]8df
273
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205
-k|yd qodf;_
-3_ nufgL
a}+ssf] Joj;fonfO{ ljljlws/0f ug]{ qmddf a}+sn] z'?b]lv g} @)&#÷&$ @)&$÷&% @)&%÷&^
ljleGg nufgLsf cj;/x?nfO{ ;d]t ;b'kof]u ub}{ cfo cfh{g -k|yd qodf;_
ub}{ cfO{/x]sf] 5 . ;dLIff cjlwdf a+}ssf] nufgL !@ ca{ ^) -h_ v'b gfkmf
s/f]8af6 j[l4 eO{ @) ca{ @* s/f]8 k'u]sf] 5, h'g ut cfly{s ;dLIff cjlwdf a+}ssf] v'b gfkmf ?= ! ca{ $) s/f]8af6
jif{sf] t'ngfdf sl/a ^)=(@ k|ltztsf] j[l4 xf] . o; jif{ a+}sn] j[l4 eO{ ?= ! ca{ () s/f]8 k'u]sf] 5, h'g ut cf=j=sf]
cfˆgf] lgIf]k tyf nufgLsf] plrt Joj:yfkgsf nflu ljutdf t"ngfdf #%=&* k|ltztsf] j[l4 xf] . eljiodf vr{x?df clwstd
nufgL u/]sf If]q afx]s yk gfkmfd"ns If]qsf] klxrfg u/L ldtJolotf sfod u/L v'b gfkmf cem j[l4 ub}{ n}hfg] / a}+ssf]
cfˆgf] nufgL a9fpg] /0fgLlt cjnDag u/]sf] 5 . pQm /0fgLlt ;du| ;Da[l4sf] ;fy} cfˆgf cfb/0fLo z]o/wgLx?, sd{rf/Lx?
cg';f/ a+}ssf] nufgLsf] bfo/f km/flsnf] eO{ hf]lvd sd x'g] tyf ;DalGwt ;a} kIfsf] lxt j[l4 ug]{tkm{ a}+s sl6a4 /x]sf]
tyf d'gfkmfdf ;d]t ck]lIft j[l4 x'g] ljZjf; a+}sn] lnPsf] 5 . Joxf]/f z]o/wgL dxfg'efjx? ;dIf cg'/f]w ub{5f}+ .
/0fgLlts ?kdf lb3{sfnLg kmfO{bfsf b[li6n] nufgL ljljlws/0f
cGtu{t a}+sn] cg'dlt k|fKt ljleGg If]qdf ;+:yfks z]o/x?df ?= s/f]8df
190
;d]t nufgL ub}{ cfPsf] 5 . a}+sn] nufgLsf] ?kdf l;4fy{
OG:of]/]G; sDkgL lnld6]8df ?= & s/f]8 ($ nfv @^ xhf/ ^
140
;o tyf l/nfoG; nfOkm OG:of]/]G; sDkgL lnld6]8df ?= @^
s/f]8 $) nfv nufgL u/sf] 5 . ;f] nufgL pQm ;+:yfx?sf]
53
r'Qmf kF"hLsf] s|dzM !% k|ltzt Pj+ !# k|ltzt xf] . To:t}
;xfos sDkgLdf /x]sf] l;4fy{ Soflk6n lnld6]8df a}+ssf] %!
k|ltzt nufgL /x]sf] 5, pQm sDkgLsf] xfnsf] r'Qmf k"FhL ?= @)&#÷&$ @)&$÷&% @)&%÷&^
@) s/f]8 /x]sf] 5 . -k|yd qodf;_
-ª_ s'n ;DklQ

;dLIff cjlwdf a+}ssf] s'n ;DklQ ?= (! ca{ %* s/f]8af6 -em_ g]6 jy{ k|lt z]o/
j[l4 eO{ ?= !!( ca{ *^ s/f]8af6 k'u]sf] 5, h'g ut cf=j=sf] ;dLIff cjlwdf g]6 jy{ k|lt z]o/ ? !^!=*( /x]sf] 5, h'g
t'ngfdf sl/a #) k|ltztsf] j[l4 xf] . ut cfly{s jif{df ?= !^&=&$ lyof] . a}+sn] hf/L u/]sf] xsk|b
z]o/sf sf/0fn] z]o/ ;+Vofdf j[l4sf] ePsf] sf/0f k|lt z]o/
-r_ Aofh cfDbfgL g]6jy{df sdL cfPsf] xf] . rfn' cf=j=sf] k|yd qodf;df g]6 jy{
;dLIff cjlwdf a+}ssf] s'n Aofh cfDbfgL ?= ^ ca{ ^@ k|lt z]o/ ?= !^^=$( /x]sf] 5 .
s/f]8af6 j[l4 eO{ ?= !) ca{ % s/f]8 k'u]sf] 5, h'g ut
248.05
cf=j=sf] t'ngfdf sl/a %@ k|ltztsf] j[l4 xf] . To:t} ;dLIff
cjlwdf a}+ssf] Aofh vr{ ?= # ca{ (( s/f]8af6 j[l4 eO{ ?=
167.74 161.89 166.49
^ ca{ ^@ s/f]8 k'u]sf] 5 . o;/L ;dLIff cjlwdf Aofh cfDbfgL
%@ k|ltztn] a9\bf Aofh vr{ ^^ k|ltztn] a9\g uPsf] 5 .
;dLIff cjlwdf v'b Aofh cfDbfgL ?= @ ca{ ^# s/f]8af6 j[l4
eO{ ?= # ca{ $$ s/f]8 k'u]sf] 5, h'g sl/a #! k|ltztsf] @)&@÷&# @)&#÷&$ @)&$÷&% @)&%÷&^
-k|yd qodf;_

-`_ k|lt z]o/ cfDbfgL wgLx?sf] ;+Vof $%,^#) /x]sf] 5 .
;dLIff cjlwdf k|lt z]o/ cfDbfgL ? @^=$% /x]sf] 5, h'g ut #= rfn" jif{sf] xfn;Ddsf] pknlAw / eljiodf ug'{ kg]{
cf=j= df ?= @^=^) lyof] . lgodgsf/L lgsfosf] gLltut Joj:yf sfo{x?sf] ;DaGwdf ;~rfns ;ldltsf] wf/0ff
cg';f/ 5f]6f] ;dodf a}+ssf] r'Qmf k"FhLdf h'g cg'kftdf j[l4
ePsf] 5 ;f] cg'kftdf a}+ssf] d'gfkmfdf :jfefljs ?kdf j[l4 -s_ zfvf ;~hfndf j[l4
x'g g;s]sf] sf/0f k|lt z]o/ cfDbfgLdf sdL cfPsf] 5 . b]zsf ;a} e]usf ;a} tx / tKsfsf hgtfsf] nflu cTofw'lgs
a}+lsË ;]jfsf] kx'Fr la:tf/ ug]{ a}+ssf] d'Vo Wo]o /x]sf] 5 .
26.60
26.45
;f] cg'?k ;'ud If]qdf dfq geO{ b'u{d If]qdf ;d]t a}+sn]
zfvf la:tf/ ub}{ nu]sf] 5 . jfl0fHo a}+sx?sf] kx'Fr gk'u]sf
24.81 gu/kflnsf Pj+ ufpFkflnsfx?df a}+s zfvf k'¥ofpg] g]kfn
;/sf/sf] nIo Pj+ g]kfn /fi6« a}+ssf] lgb]{zg cg';f/ a}+sn] k|lta4tf
hgfP cg';f/ ef]hk'/sf] cfdrf]s, ;'g;/Lsf] u9L, sfe|]knf~rf]
@)&#÷&$ @)&$÷&% @)&%÷&^ ssf] /f]zL, ?kGb]xLsf] dr{jf/L, tgFx'sf] b]j3f6, ;+v'jf;efsf]
-k|yd qodf;_
dsfn', /fd]5fksf] uf]s'nu+uf, afh'/fsf] a'9Lu+uf, l;Gw'nLsf]
uf]nGhf]/, af/fsf] cfbz{ sf]6jfn / b]jtfn, k;f{sf] ax'b/
-6_ ;DklQsf] u'0f:t/ dfO{, slknj:t'sf] ozf]w/f, gjnk'/sf] b'DsLaf; -ljgoL lqj]0fL_,
;dLIff cjlwdf a+}ssf] lgis[o shf{÷s'n shf{ cg'kftdf !=)( dxf]Q/Lsf] /fduf]kfnk'/, /f}tx6sf] dfwjgf/fo0f, ?s'd k"j{sf]
k|ltzt /x]sf] 5, h'g ut cf=j= !=#) k|ltzt lyof] . shf{df k'yf pTt/u+uf u/L ;a} !& :yfgx?df zfvf lj:tf/ u/]sf]
j[l4 x'Fbf ;d]t ;f]sf] cg'kftdf lgis[o shf{ ga9\g' ;'vb\ kIf lyof] .
xf] . a}+sn] lgis[o shf{ jfkt kof{Kt dfqfdf hf]lvd Joj:yf To;afx]s ;dLIff cjwLdf a}+sn] wgs'6fsf] wgs'6f ahf/,
ug'{sf ;fy} lgis[o shf{sf] c;'nLsf] nflu a}+sn] ;lqmo ?kdf /f}tx6sf] rGb|k'/ / u?8f, tfKn]h'ªsf] tfKn]h'ª ahf/,
nDh'Ësf] a]zLZfx/, sf7df08f}+sf] hf]/kf6L, Ko'7fgsf] h'd|L,
sfo{ ul//x]sf] 5 . t;y{ o;af6 a}+s k"0f{?kdf hf]lvd d'Qm g'jfsf]6sf] a§f/, afUn'ªsf] afUn'ª ahf/, bf]nvfsf] r/Lsf]6,
/x]sf] 5 . cfufdL lbgdf lgis[o shf{nfO{ cem} sdL Nofpg] u/L sfe|]knf~rf]ssf] ag]kf, dxf]Q/Lsf] uf}zfnf, ;nf{xLsf]
a}+sn] sfo{ ul//x]s]f 5 . nfNfaGbL, l;/fxfsf] nfxfg, emfkfsf] ;'?Ëf / uf}/fbx, tgFx'sf]
b'n]uf}+8f, gjnk'/sf] u}+8fsf]6, k/f;Lsf] ab{3f6, ?kGb]xLsf]
lgis[o shf{ k|ltzt sf]l6xjf, slknj:t'sf] lhtk'/ -$ gDa/_ / rGb|f}6f, df]/Ësf]
1.47% 1.40%
1.30%
1.09%
ky/L, s}nfnLsf] nDsL / cQl/of, h'Dnfsf] vn+uf ahf/,
afFs]sf] vh'/f, bfªsf] ndxL, sf:sLsf] n]vgfy, lrtjgsf]
e/tk'/, ?s'd klZrdsf] d';Lsf]6 u/L hDdf #! :yfgx?df gofF
zfvfx? :yfkgf u/]sf] 5 . o;/L cf=j= @)&$÷&% a}+{sn] $* j6f
gofF zfvfx? :yfkgf ug{ ;kmn ePsf] lyof] .
@)&@÷&# @)&#÷&$ @)&$÷&% @)&%÷&^
-k|yd qodf;_ To;}u/L a}+sn] rfn' cf=j=df sf7df08f}+sf] rfalxn, lrtjgsf]
;Dkltsf] u'0 f:t/ k;f{, ;Kt/Lsf] /fhla/fh, ?kGb]xLsf] ;f} km;f{l6s/, dl0fu|fd
lgis[o shf{
1.09%
/ of]uLs'6L, pbok'/sf] ufO{3f6 / emfkfsf] sfFs8le§f u/L
yk * j6f gofF zfvfx? ;d]t yk u/L rfn' cf=j=sf] d+l;/
d;fGt;Dddf a}+sn] !@( j6f zfvfx? -# j6f PS;6]G;g
sfpG6/ ;lxt_ ;~rfngdf Nofpg ;kmn ePsf] 5 .
;lqmo shf{
98.91%
zfvf sfof{no
129
121
cfiffb d;fGt @)&%
-7_ shf{ ckn]vg 61

72
a}sn] ut cf=j=df ?= & s/f]8 #$ nfv a/fa/sf] shf{ ckn]vg

u/]sf]df ;dLIff cjlwdf shf{ ckn]vg u/]sf] 5}g .
@)&@÷&# @)&#÷&$ @)&$÷&% @)&%÷&^
-8_ z]o/ ;+/rgf -k|yd qodf;_
o; a}+ssf] s'n r'Qmf k"FhLdf %! k|ltzt ;+:yfks z]o/wgLx?sf]
lx:;f /x]sf] 5 eg] $( k|ltzt ;j{;fwf/0f z]o/wgLx?sf] zfvf la:tf/sf] ;Gbe{df ;do, kl/:yLlt Pj+ ;DefJo If]qsf]
lx:;f /x]sf] 5 . rfn' cf=j=sf] d+l;/ d;fGt ;Dddf a}+ssf plrt ljZn]if0f u/L rfn' cf=j= sf] cGTo;Dddf a}+sn] cfˆgf]
;+:yfksx?sf] ;+Vof @^) hgf /x]sf] 5 eg] ;j{;fwf/0f z]o/ s'n zfvf ;~hfn !&% k'¥ofpg] nIo /fv]sf] 5 h;af6 b]zsf]
;'ud If]qdf dfq geO{ b'u{d If]qdf ;d]t a+}lsË kxF'r k'¥ofpg] a}+s ljQLo ;+:yfn] hf/L u/]sf qm]l86 tyf 8]la6 sf8{ a}+ssf]
g]kfn ;/sf/ Pj+ g]kfn /fi6« a}+ssf] gLltdf ;d]t ljz]if of]ubfg cfkm\g} POS d]zLgdf k|of]u u/L e'QmfgL ug{ ;Sg]5 .
k'Ug] ljZjf; a}+sn] lnPsf] 5 . P=l6=Pd=
140
-v_ ejg lgdf{0f sfo{ 117
;an, :yL/ / lg/Gt/ a}+lsË ;]jfsf nflu a}+sn] qmdzM cfkm\g} 93
83
ejgx?af6 sf/f]af/ ;+rfng ug'{k5{ eGg] wf/0ff ;lxt sf7df8f}+df
k|wfg sfof{no / cGo ljleGg :yfgx?df zfvf sfof{nox?sf]
ejg lgdf{0f sfo{nfO{ k|fyldstfdf /fvL qmlds ?kdf sfo{ ub}{
cfO{/x]sf] 5 . a}+sn] aL/u+hdf cfkm\g} ejgaf6 sf/f]af/ ;+rfng @)&@÷&# @)&#÷&$ @)&$÷&% @)&%÷&^
ul//x]sf] 5 eg] xfn sf7df8f}+sf] gSzfndf k|wfg sfof{no ejg -k|yd qodf;_
Pj+ df]/Ësf] la/f6gu/df cfˆg} zfvf sfof{no ejg lgdf{0fsf] ;dLIff cjlwdf a}+sn] s'n $#,#@! 8]la6 sf8{ / @,^(*
;+/rgfut sfo{ (Structral Work) clGtd r/0fdf /x]sf] 5 . qm]l86 sf8{ hf/L ug{ ;kmn ePsf] lyof] . o;/L ;dLIff cjlwdf
To:t}, eljiodf kf]v/fdf ;d]t cfkm\g} ejgaf6 sf/f]af/ ;+rfng 8]la6 sf8{ / qm]l86 sf8{sf] ;+Vof qmdz M !(^,^*$ / (,*@$
ug]{ of]hgf /x]sf] 5 . /x]sf]df rfn' cf=j= sf] d+l;/ d;fGt;Dd 8]la6 sf8{ / qm]l86
-u_ sf8{ tyf k|ljlwdf cfwfl/t ;]jfx¿ sf8{sf] ;+Vof qmdz M @@!,!@& / !!,!@% k'u]sf] 5 . To:t}
gubdf cfwfl/t e'QmfgL tyf sf/f]af/nfO{ qmdzM k|ljlwsf ljleGg a}+ssf] rfn' cf=j= sf] d+l;/ d;fGt;Dd #*,(!% hgf i-Connect
dfWodaf6 sf/f]af/ ug]{ k|0ffnL ljsf;df a}+sn] lg/Gt/ sfo{ k|of]ustf{, !,^%,^(^ hgf Siddhartha Bank Smart and Alert
ul//x]sf] 5 . sf8{ tyf k|ljlwsf] If]qdf ;dLIff cjlw tyf rfn' k|of]ustf{ /x]sf 5g\ .
cf=j= sf] d+l;/ d;fGt;Dddf y'k|} pknAwLx? xfl;n ePsf 5g\ . o;/L a}+sn] df]afOn, OG6/g]6, sf8{ h:tf ljleGg j}slNks
To:tf d'Vo pknAwLx?df ;dLIff cjwLdf a}+sn] gofF sf8{ e'QmfgL pks/0fx? ljsf; ub}{ nfu' ul//x]sf] 5 / eljiodf
lgj]bsx?nfO{ EMV Chip Card hf/L ug{ z'? ul/;s]sf] 5 . ;d]t pRr k|fyldstfsf ;fy sf8{ tyf k|ljlwdf cfwfl/t
;fy} ;fljssf ;Dk"0f{ Magnetic Stripe Card nfO{ EMV Chip ;]jfx¿sf] la:tf/ ub}{ hfg] /f0fgLlt lnPsf] 5 .
Card df ?kfGtl/t ug{ ;kmn ePsf] 5 . o;}u/L, l;4fy{ a}+sn] -3_ ;"rgf k|ljlwsf If]qdf ul/Psf sfo{x?
cGt/f{li6«o ?kdf VoftL k|fKt MasterCard sf] k|d'v ;b:o eO{ cWofjlws Pj+ ;'/lIft ;"rgf k|ljlw lagf cfw'lgs tyf e/kbf]{
sfo{ u/L /x]sf] 5 . MasterCard sf] ;b:osf] x}l;otn] o; a}+lsË ;]jfsf] sNkgf ug{ ;lsb}g . clxn]sf] cj:yfdf ;"rgf
a}+sn] MasterCard hf/L ug{ Pj+ Acquire ug{ ;S5 / cGo k|ljlw ;'/Iffsf] ljifo cToGt} r'gf}tLk"0f{ aGb} uO{/x]sf] / a}+sn]
a}+sx?sf] Membership Affiliation sf] nfuL k|fof]hs (Sponsor) ;f] tYo k|lt rgfvf] eO{ sfo{ ub}{ cfO{/x]sf] 5 . a}+sn] ;dLIff
eO{ sfo{ ;d]t ug{ ;Sb5 . o;}u/L a}+sn] ut cf=j=af6 g} cjwLdf Digitization k|ljlw dfkm{t a}+ssf dxTjk"0f{ sfuhftx?
k|ljlw d}qL Viber Banking Service ;+rfngdf NofPsf] 5 h;af6 Digital ?kdf ?kfGtl/t ul/ ;'/lIft ?kdf Automation u/]sf]
b]z leq jf aflx/ h'g;'s} :yfgaf6 efO{a/ dfkm{t cfkm\gf] 5 . o;}u/L, ;"rgf k|ljlw;Fu ;DalGwt ;+rfng hf]lvd
vftfsf] af/]df hfgsf/L, df}Hbft ljj/0f, ldlg :6]6d]06 k|fKt Go"lgs/0f ug{ a}+sn] Information System Audit (IS Audit)
ug{;Sg] h:tf ;xh Pj+ ;/n a}+lsË ;]jf pknAw e} /x]sf u/fPsf] 5 . ;fy}, ;DalGwt k/fdz{bftfaf6 k|fKt ePsf] ;'emfj
5g\ . adf]lhd a}+sn] ;"rgf k|ljlw k|0ffnLnfO{ yk ;'/lIft agfPsf] 5 .
o;}u/L, a}+sn] Verified by Visa gfds ;]jfsf] ;'?jft u/]sf] a}+ssf] SWIFT System nfO{ yk ;'/lIft / ;an agfpb} n}hfg]
/0fgLlt cg'?k SWIFT System Hardware gofF ;e{/df n}hfg'sf]
5, h;n] u|fxssf] OG6/g]6df cfwfl/t sf/f]af/nfO{ Two Factor ;fy} SWIFT Software Upgrade ul/Psf] 5 . goFf k|ljlw dfkm{t
Authentication (2FA) sf] dfWodåf/f cem al9 ;'/lIft agfpg
cfkmgf u|fxsnfO{ ;]jf pknAw u/fpg] nIo cg'?k Connect –
d2t ub{5 . a}+sn] cfw'lgs tyf gjLgtd\ k|ljlwsf] k|of]u ug]{ IPS ;Fu cfa4 ;b:o a}+sx? aLr cGt/ a}+lsË sf/f]Aff/ ;]jf
l;nl;nfdf UnionPay ;Fusf] ;xsfo{df ut cf=j=af6 Quick pknJw u/fpFb} cfPsf] 5 .
Response (QR) Code Payment Sevice ;+rfngdf NofPsf] 5 .
eljiodf cfkmgf u|fxsx?nfO{ cfw'lgs / ;/n ?kdf a}+lsË
o;}u/L, a}+sn] National Clearing Housing Limited (NCHL) IPS ;]jf pknAw u/fpg] nIo ;lxt Mobile Banking Software nfO{
;Fusf] ;xsfo{df NCHL–IPS sf] s'g} klg ;b:o a}+saf6 yk kl/dflh{t ub}{ nlug]5 . o;}u/L, ;"rgf k|ljlw ;'/Iffsf]
s]|l86 sf8{sf] ;/n e'QmfgL ug]{ Joj:yf u/]sf] 5 . VISA nflu ljB'tLo dfWodaf6 k|of]u x'g] cfGtl/s tyf Affx\o sf/f]
;Fusf] ;xsfo{df a}+sn] 8]la6sf8{, s|]l86sf8{ / lk|k]8sf8{ af/, goFf k|ljlwdf cfwfl/t New Generation Fire Wall (NGFW)
xf]N8/x?n] j:t' tyf ;]jf vl/b u/L e'QmfgL ubf{ ;Lldt / New Generation Intrusion Prevention System (NGIPS) h:tf
cjlwsf nflu Cash Back Offer ;+rfng u/]sf] lyof] . of] ;]jfn] pks/0fx? k|of]udf Nofpg]5 . a}+ssf] u|fxsnfO{ cfjZostf
a}+ssf u|fxsx?nfO{ sf8{sf] dfWodaf6 l;w} e'QmfgL ug{ clek|] cg'?k k|efjsf/L ;]jf pknAw u/fpg u|fxs ;DaGw Joj:yfkg
l/t u/]sf] 5 . (Customer Relationship Management-CRM) Software nfu'
To:t}, a}sn] ;dLIff cjlwdf yk ATM h8fg u/L s'n ATM ul/g]5 .
sf] ;+Vof !$) k'¥ofpg ;kmn ePsf] 5 . ;dLIff cjwLdf a}+sn] -ª_ lgIf]k kl/rfng ;DaGwL ;]jfx?
ljleGg Jofkfl/s s]Gb|x?df !,)&# j6f Point of Sale (POS) cfkm\gf ;]jfu|fxLsf] ;do ;fk]If dfu adf]lhd gofF tyf
d]zLg /fVg ;s]sf]df rfn' cf=j= sf] d+l;/ d;fGt;Dd u/L s'n kl/dflh{t ;]jfx? ;~rfngdf NofO{ ;/n Pj+ ;xh 9Ëaf6
POS d]lzg !,#)$ k'¥ofpg ;kmn ePsf] 5 . o;n] ubf{ h'g;'s}

cfˆgf u|fxssf] cfjZostf kl/k'lt{ ug'{ a}+ssf] d'Vo Wo]o ljZjf; a}+sn] lnPsf] 5 . ;fy}, a}+sn] eljiodf ;d]t n3' tyf
/x]sf] 5 . o;sf] lgldQ k|ljlwdf eO/x]sf] ljsf;, u|fxsju{sf] ljkGg If]qsf art, shf{ tyf cGo ;]jfx?nfO{ yk lj:tf/ ub}{
cfjZostf, Jofkf/ Joj;fodf ePsf kl/jt{g, cfjZostf hfg] /0fgLlt lnPsf] 5 .
l;h{gf cflb kIfx?sf] d"NofÍg u/L cfkm\gf] hgzlQmnfO{ ;Ifd o;}u/L a}+sn] klxn] b]lv g} ;+rfngdf /x]sf skf]{/]6, kl/of]hgf,
agfpFb} cfˆgf u|fxs ju{nfO{ ;do ;fk]If ;]jf k|bfg ug{sf] pkef]Uo shf{ nufot ljleGg shf{ ;]jfx? oyfjt ;+rfng ub}{
lgldQ a}+sn] cg';Gwfg tyf ljsf;sf] lg/Gt/tfnfO{ ;+:yfsf] dfyL pNn]lvt yk ;]jfx? ;+rfngdf NofPsf] 5 . o;/L a}+sn]
Ps ljlzi6 kIfsf] ?kdf u|x0f u/]sf] 5 . u|fxs ;]jfdf ;'wf/ ;fgf 7'nf ;a} lsl;dsf ;+:yfut Pj+ JolQmut u|fxsx?sf]
Nofpgsf] lgldQ hgzlQm tyf k|ljlwdf a}+sn] clwstd nufgL shf{ cfjZostf kl/k"lt{ ug]{ u/L shf{ ;]jf k|bfg ul//x]sf]
ub}+ cfPsf] 5 . a}+sn] u|fxssf] rfxgf cg'?k u|fxsju{ ;dIf 5 / o;nfO{ of] jif{ cem} a9fpFb} n}hfg] 5 . ;f] qmddf ;fgf
gjLgtd, e/kbf]{ tyf u'0f:t/Lo ;]jf k|bfg ub}+ cfO/x]sf] 5 . tyf demf}nf pBd Joj;fonfO{ k|j4{g ug]{ a}+ssf] d'Vo Wo]o
;dLIff cjlwdf klg a+}ssf] lgIf]k tkm{sf] ;]jf lj:tf/ ug]{ /x]sf] 5 .
s|ddf sltko cNksfnLg / bL3{sfnLg art tyf d'2tL of] -h_ zfvf/lxt a}+lsË ;]jf
hgfx? lg/Gt/ ;+rfngdf /x]sf 5g\ . To:t} ;dLIff cjlwdf zfvf/lxt a}+lsË ;]jfsf] :yfkgf / la:tf/df l;4fy{ a}+s cu|0fL
l;4fy{ Knfl6gd art, l;4fy{ ;d[l4 lgIf]k vftf / l;4fy{ d]/f] dflgG5 . @)^& ;fndf b}n]vaf6 z'? ul/Psf] of] ;]jf ;dLIff
z]o/ gfdsf] yk gofF vftfx? ;+rfngdf NofPsf] 5 . h; cjlwdf Onfd, wgs'6f, tfKn]h'Ë / ef]hk'/ lhNnfsf ljleGg
dfkm{t cfˆgf u|fxsx?nfO{ art ;Fu} z]o/;Fu ;DalGwt sfd :yfg ;lxt yk @( :yfgdf la:tf/ ePsf] 5 . o;/L xfn;Dd
h:t} cfZjfsf] dfWodaf6 z]o/ nufgL ug{ cflbdf ;xhtf k'Ug] a}+ssf] s'n zfvf/lxt a}+lsË ;~hfn (( k'u]sf] 5 . zfvf
a}+sn] ljZjf; lnPsf] 5 . To;}u/L n3' a}+lsË ;]jf cGtu{t /lxt a}+lsË ;]jf dfkm{t u|fxs dxfg'efjx?n] /sd hDdf ug]{,
art tkm{ rfn' cf=j= df u|fdL0f If]qdf a;f]af; ug]{ Go"g cfo e'QmfgL, ljb]zaf6 k7fO{Psf] /]ld6fG; k|fKt ug]{ cflb ;]jf cfkm\g}
ePsf ju{nfO{ nlIft ub}{ % jif]{ / !) jif]{ cjlwsf] cfs{ifs ufpF7fpFdf k|fKt ug{ ;Sg'x'g]5 . afof]d]l6«s k|ljlwaf6 ;+rfng
;'ljwf ;lxt æl;4fy{ ;d[l4 lgIf]k of]hgfÆ NofO{Psf] 5 . a}+sn] x'g] of] ;]jf ;'/lIft / e/kbf]{ /x]sf] 5 . zfvf/lxt a}+lsË
eljiodf ;d]t u|fxs d}qL lgIf]k ;]jfx¿sf] lj:tf/ ub}{ hfg] ;]jf lj:tf/ sfo{df a}+sn] UNCDF Funded Unnati- Access
/0fgLlt lnPsf] 5 . to Finance, UKAID Funded Sakchyam- Access to Finance
-r_ g]K;]sf] /fkm;fkm a}+s ;b:o h:tf sfo{qmdx?;Fu ;xsfo{ ;d]t ub}{ cfPsf] 5 . eljiodf
g]kfn :6s PS:r]Gh ln= af6 x'g] bf]>f] ahf/ z]o/ sf/f]af/ /fli6«o tyf cGt/fli6«o ;+3–;+u7g tyf ltgsf :yflgo
sf] nflu /fkm;fkm a}+ssf] ?kdf o; a}+s 5gf]6 eP kZrft ut sfo{qmdx?;Fusf] ;xsfo{df n3' shf{ lj:tf/df cl3 a9\g]
cf=j= b]lvg} a}+sn] /fkm;fkm a}+ssf] ?kdf lwtf]kq sf/f]af/sf] ;d]t a}+sn] ;f]r lnPsf] 5 .
/fkm;fkm tyf km5\of}{6 ;]jf (Clearing and Settlement Service) -em_ ljk|]if0f ;]jf -P;aLPn /]ld6 ;]jf_
;kmntfk'j{s k|bfg ul//x]sf] 5 . cfˆgf] ;]jf lj:tf/ Pj+ ljljwLs/0f ub}{ hfg] /0fgLlt cg'?k
-5_ shf{ ;]jf lj:tf/ cfGtl/s Pj+ afXo ?kdf /sd k|fKt ug{ jf k7fpgsf nflu
a}+sn] ;fgf tyf demf}nf Pj+ jfl0fHo a}+ssf] ;]jfjf6 al~rt ePsf a}+sn] cfˆg} P;lAfPn /]ld6 dfkm{t cfˆgf u|fxsx?nfO{ ;]jf
ju{x?nfO{ ;d]t ;dflxt u/L Ps} ynf]af6 ;Dk"0f{ a}lsª ;]jf k|bfg ug]{ lbO{/fv]sf] 5 . ;fy}, ljk|]if0fnfO{ yk k|efjsf/L agfpgsf] nflu
/0fgLlt cg'?k ut cf=j= af6 5'§} n3' a}+lsË ljefu g} u7g ljb]zL d'n'sdf cfˆgf] /]ld6sf] pkl:ytL a9fpFb} nflu :yfgLo
u/L ;]jf k|bfg ub]{ cfO{/x]sf] 5 . n3' a}+lsË ;]jf cGtu{t tj/df k]OË Ph]G6sf] ;+Vofdf ;d]t Jofks j[l4 ub}+ hfg]
a}+sn] l;4fy{ ;/n n3' shf{, l;4fy{ ;/n s[lif shf{, l;4fy{ /0fgLlt a}+sn] lnPsf] 5 . o;} nIo cg';f/ xfn;DDf %%))
l/S;f shf{ h:tf ;/n Pj+ k|efjsf/L ;]jfx? sfof{Gjogdf eGbf a9L k|ltlglw tyf pk k|ltlglw (Agent and Sub-Agent)
NofPsf] 5 . ;+rfngsf] 5f]6f] cjlwdf g} o; ljefu dfkm{t dfkm{t ;]jf k|bfg ub}{ cfPsf] 5 .
a}+sn] rfn' cf=j=sf] sflt{s d;fGt;Dd ^) zfvfx?Aff6 %# $= rfn' cfly{s jif{sf] ljQLo l:ylt tyf nIo
lhNnfsf s"n $,#^& 3/kl/jf/nfO{ shf{ ;]jf k|bfg ul/;s]sf] b]zdf :yfgLo, k|b]z Pj+ ;+3Lo tx u/L ltg} txsf] lgjf{rg
5 . rfn' cf=j=df g]kfnd} klxnf] k6s gofF cjwf/0ff ;lxt ;DkGg eO{ :yL/ ;/sf/ ag]sf] cj:yfdf ca b]z cfly{s
tyf g]kfn ;/sf/sf] k|fyldstf cg';f/ Æl;4fy{ :yfgLo xfO{8«f] If]qsf] ljsf;df s]Gb|Lt x'g] ck]Iff ul/Psf] 5 . t/ a}+lsË
z]o/ shf{æ gfds ;]jf ljsf; u/L dflyNnf] tfdfsf]zLn] k|fylds If]qdf t/ntfsf] ;d:of eg] cem} p:t} /x]sf] 5 / rfn'
z]o/df lgsfizg u/]sf] z]o/ cfj]bgsf] nflu !,!(* hgf cf=j=df a}+lsË If]qdf t/ntfsf] cj:yf emg uDeL/ ag]sf]
bf]nvfaf;Lx?nfO{ shf{ ;]jf k|bfg u/L sfof{Gjogdf NofPsf] 5 / slt cjwL;Dd o:tf] /xG5 eGg] k|i6 cg'dfg ug{df
5 . o;}u/L, rfn' cf=j=sf] sflt{s d;fGt ;Dddf l/S;f rnfO{ ;d]t cK7]/f] cj:yf 5 . o:tf] cj:yfdf Aofhb/df b]lvPsf] tLj|
cfˆgf] u'hf/f ug]{ dhb'/x?sf] b}lglsdf ;'wf/ Nofpg Pj+ ptf/ r9fjn] a}+ssf] ;du| Joj;fonfO{ k|efljt kfl//x]sf] 5 .
pgLx?nfO{ l/S;fsf] dflns agfpgsf] nflu l;4fy{ l/S;f shf{ t/ntfsf sf/0f nufgLof]Uo /sdsf] cefj x'g yfn]sf] 5 .
afkt !,#*$ hgfn] shf{ pkef]u u/L cfTdlge{/tf tkm{ pGd'v
ePsf 5g\ . ljkGg ju{x?nfO{ nlIft u/L u|fdL0f cfjf; of]hgf o;sf afjh'b klg a}+sn] o; rfn' cfly{s jif{sf] nflu ? # ca{
cGtut{ æl;4fy{ Go"g nfut u|fdL0f cfjf; shf{Æ of]hgf #^ s/f]8 ;+rfng d'gfkmf ug]{ nIo lnPsf] 5 eg] rfn' cf=j=sf]
;d]t ljsf; u/L k|efjsf/L ?kdf ;+rfngdf NofO{Psf] 5 . n3' k|yd qodf; ;Dddf ? &$ s/f]8sf] ;+rfng d'gfkmf / ?= %#
shf{sf] dfWodaf6 a}lsË kx'Fraf6 6f9f /x]sf ;d'bfonfO{ a}+lsË s/f]8sf] v'b gfkmf xfl;n u/]sf] 5 . k|lts'n kl/l:yltdf klg
Rofgndf ;dfj]z u/L cfly{s pGgtL tkm{ 8f]¥ofpg ;xof]u k'Ug] ;DklQsf] u'0f:t/ sfod /fVb} nlIft d'gfkmf xfl;n ug]{ u/L

a}+sn] sfo{ ul//x]sf] Joxf]/f oxfFx? ;dIf hfgsf/L u/fpFb5f}+ . Joj:yfkg ljefusf] ;+/rgfut Joj:yf u/L ;f] dftxt 5'§f–5'§}
%= ;+:yfut ;'zf;g hf]lvd OsfOx?sf] Joj:yf u/L cfGtl/s lgoGq0f / hf]lvd
;+:yfut ;'zf;gnfO{ a}+sn] ;b}j pRr dxTjsf ;fy kfngf Joj:yfkg tkm{ ljleGg sfo{x? eO/x]sf 5g\ .
ub}{ cfPsf] 5 . k|rlnt P]g lgod, g]kfn /fi6« a}+s Pj+ cGo csf]{tkm{ cfGtl/s n]vf k/LIf0f ljefunfO{ l;w} ;+rfns
lgodgsf/L lgsfox¿åf/f hf/L lgb]{zg tyf a}Ís} cfGtl/s ;ldlt cGtu{tsf] n]vf k/LIf0f ;ldlt dftxt /xg] u/L 5'§}
gLlt lgod adf]lhdg} a}+sn] sfo{ ;~rfng ub}{ cfPsf] 5 . :jtGq ljefusf] ?kdf /flvPsf] 5 . a}+ssf] cfGtl/s lgoGq0f
a}+ssf cfGtl/s gLlt lgoddf ;dofg's'n ;'wf/ Pj+ ;+zf]wg k|0ffnLsf] d"NofÍg, n]vfk/LIf0f k|s[ofsf] d"NofÍg, cfly{s k|ltj]
ub}{ cWofjlws ug]{ sfo{ lgoldt ?kdf lg/Gt/ eO{/x]sf 5g\ . bg / cfly{s ljj/0f ;Dk|]if0fsf] ;'kl/j]If0f u/L a}+ssf] cfly{s
To:t} a}+ssf] ;+rfns ;ldltdf /xg' ePsf dxfg'efjx?, a}+ssf ljj/0fx? ;xL / kof{Kt /x]sf], a}+ssf ;Dk"0f{ ljefux?n] cfGtl/s
sfo{sf/L txdf /xg' ePsf pRr clws[tx?, a}+ssf clws[tx? k|s[of, gLlt lgodx?sf] kl/kfngf u/]÷gu/]sf] af/] ;'lglZrt ug]{
tyf cGo ;Dk'0f{ sd{rf/Lx? ;d]tnfO{ ;+:yfut ;'zf;g ;DaGwdf /x]sf] 5 . To;}u/L sd{rf/L;Fu ;DalGwt ljifodf gLltut lg0f{o lng
ljleGg /fli6«o, cGt/fli6«o lgsfox?n] cfof]hgf u/]sf ljleGg ;+rfns ;ldltnfO{ cfjZos ;xof]u k'¥ofpg ;+rfns txsf] 5'§}
;]ldgf/, uf]li7 tyf tflndx?df ;xefuL u/fpFb} cfO/x]sf] 5 / sd{rf/L ;]jf ;'ljwf tyf Joj:yfkg ;ldlt /x]sf] 5 . o;}u/L ljb]zL
eljiodf ;d]t o:tf ultljlwx?nfO{ lg/Gt/tf lbOg]5 . ljgLdo, t/ntf tyf Aofh lgwf{/0f h:tf ahf/ hf]lvdsf
To;}u/L a}Ísf x/]s sd{rf/Lx¿sf] JolQmut lhDd]jf/L / bfloTj ljifox?sf af/]df lgoldt 5nkmn u/L ;f] ;DaGwdf cfjZos
:ki6 x'g] u/L sfo{ ljefhg ul/Psf] 5 / o;sf cfwf/df ;fjwfgL ckgfpg] Joj:yf ldnfO{Psf] 5 . o;sf] nflu a}+sdf
sfo{ ;Dkfbgdf cfk;L lgoGq0f / ;Gt'ng sfod eO{ ;+:yfut 5'§} ;DklQ tyf bfloTj Joj:yfkg ;ldlt agfO{Psf] 5 . h;n]
;'zf;gdf yk 6]jf k'Ug] ljZjf; a}+sn] lnPsf] 5 . lgoldt ?kdf o; ;DaGwdf 5nkmn u/L cfjZos cfGtl/s
lgoGq0f ;DaGwL lg0f{o ug]{ u/]sf] 5 .
^= ;+:yfut ;fdflhs pQ/bfloTj
l;4fy{ a}+sn] cfˆgf] :yfkgfsfn b]lv g} ;+:yfut ;fdflhs ;dLIff cjlwdf hf]lvd Joj:yfkg ;ldltsf] hDdf & j6f a}7s
pQ/bfloTj lgjf{xnfO{ pRr k|fyldstf lb+b} cfPsf] 5 . ;DkGg ePsf lyP . To;}u/L n]vfk/LIf0f ;ldltsf hDdf & j6f
g]kfn /fi6« a}+sn] hf/L u/]sf] lgb]{zg cg';f/ a}+sx?n] cfly{s a}7s ;DkGg ePsf]df sd{rf/L ;]jf ;'ljwf ;ldlt / ;DklQ
jif{sf] v'b d'gfkmfsf] sDtLdf Ps k|ltzt /sd ;fdflhs pQ/ z'l4s/0f lgjf/0f ;ldlt k|To]ssf hDdf @ j6f a}7s ;DkGg
bfloTjsf sfo{x?df vr{ ug'{kg]{ Joj:yf u/]sf] kl/k|]Ifdf a}+såf/f ePsf lyP .
:yflkt l;4fy{ kmfpG8]zg Pj+ a}+s dfkm{t klg ljleGg ;fdflhs *= u|fxs klxrfg tyf ;DklQ z'l4s/0f lgoGq0f ;DaGwL
ultljlwx?df ;xeflutf hgfpg] Pj+ ;fdflhs sfo{x?nfO{ sfg'gsf] kl/kfngf
a9fjf lbg] sfo{x? e}/x]sf] 5 . u|fxs klxrfg tyf ;DklQ z'l4s/0f ;DaGwdf k|rlnt
o; a}+sn] :jtGq ?kn] cem j9L Jojl:yt tyf k|efjsf/L ?kdf g]kfn sfg'g Pj+ g]kfn /fi6« a}+sn] hf/L u/]sf cWofjlws
;fdflhs pQ/bfloTj axg u/L j[xQ/ ;dfhsf] lxtsf lgldQ lgb]z { gx?nfO{ a}Ín] ;b}j k|fyldstfsf ;fy kfngf ub}{ cfPsf] 5 .
;fdflhs tyf cfly{s lqmofsnfkx?df 7f]; of]ubfg k'/fpg ;DklQ z'l4s/0f ;DaGwL sfg'gsf] kl/kfngf eP gePsf]
;sf]; eGg] kljq ;dfh;]jL p2]Zosf ;fy l;4fy{ kmfp08];gsf] ;Gbe{df sfo{ ug{ tyf cGo cg'kfngfsf ljifox? x]g{ :yflkt
:yfkgf u/L b]ze/Lsf o; a}+ssf zfvf sfof{nox? Dffkm{t cg'kfngf ljefun] lgoldt ?kdf cfkm\gf sfo{x? ul//x]sf]
;dfh ;]jfsf sfo{x?nfO{ lg/Gt/tf lbb} cfPsf] 5 / cfpg] 5 . pQm ljefun] ;f] ;DaGwL Joj:yfx?sf] cg'udg u/L
lbgx?df klg ;fdflhs pQ/bfloTj cGtu{t ;dfh;]jL hGo ;DklQ z'l4s/0f lgjf/0f P]g Pj+ ;f] cGtu{tsf lgod, lgb]{lzsf
k'gLt sfo{x?nfO{ cem a9L Jofkstf lbb} hfg] nIo /x]sf] 5 . adf]lhd lgoldt ¿kdf hf]lvd Joj:yfkg ljefu dfk{mt ;DklQ
cl3Nnf] jif{x?df h:t} cf=j= @)&$÷&% df klg a}+ssf] ;+:yfut z'l4s/0f lgjf/0f ;ldltdf k|ltj]bg k]z u/L 5nkmn ug]{
;fdflhs pQ/bfloTjsf nflu ljleGg ;+:yfx?nfO{ ?= $( nfv Joj:yf ul/Psf] 5 .
&( xhf/ % ;o @& k|bfg ul/Psf] 5 . o:tf] /sd k|fs[lts k|rlnt P]g lgod tyf lgb]{zgsf] cwLgdf /xL a}+sn] u|fxs
k|sf]k, /fxt tyf p2f/, v]ns'b, 6«flkms Joj:yfkg, :jf:Yof] klxrfg tyf ;DklQ z'l4s/0f;Fu ;DalGwt cfˆgf ljBdfg
krf/, :yfgLo :t/df ljleGg d7 dlGb/, Kf|frLg b]jfno h:tf ljlgodfjnL, dfu{lgb]{lzsf tyf ljleGg lnvtx? tof/
;fF:s[lts w/f]x/sf] ;+/If0f tyf ;+j4{g cflb nufot sfo{sf u/L nfu' ug]{ tyf ePsfx?nfO{ cBfjlws ug]{ u/]sf] 5 .
nfuL vr{ ul/Psf] 5 . ;dLIff cjlwdf a}+sn] KYC and AML/CFT Policy 2017 nfu'
&= hf]lvd Joj:yfkg tyf cfGtl/s lgoGq0f k|0ffnL u/] sf] 5 . To:t}, SOP for KYC and AML 2018 kl/dfh{g u/]sf]
a}+sn] Joj;fosf] qmddf cfO{kg{ ;Sg] shf{ hf]lvd, ;+rfng 5 . a}+sdf vf]lng] Pp6} k|s[ltsf b'O{ jf ;f] eGbf a9L
hf]lvd, t/ntf hf]lvd, ahf/ hf]lvd, Aofhb/ hf]lvd, ljb]zL vftfnfO{ lg?T;flxt ub}{ nluPsf] 5 . a}+sn] AML
Monitoring System nfu' u/]sf] 5 h; dfk{mt u|fxssf] a}lsª
ljgLod hf]lvd tyf cGo hf]lvdnfO{ Go"lgs/0f Pj+ lgoGq0f
ug{ cfGtl/s ?kdf ljleGg ;+/rgfut OsfOx?sf] :yfkgf u/L sf/f]af/sf] Pn{6 lbg], KYC Joj:yfkg ug]{, u|fxs ;DaGwL
cfGtl/s lgoGq0f k|0ffnLnfO{ Jojl:yt Pj+ k|efjsf/L agfpFb} hf]lvdx? x]g]{, Politically Exposed Person (PEPs) sf] cg'udg
nlu/x]sf] / eljiodf ;d]t yk ;an agfpFb} n}hfg] /f0fgLlt ug]{, Threshold Transaction / Suspicious Transaction sf]
lnPsf] 5 . a}+lsË If]qdf b]vfk/]sf ljleGg hf]lvd Go"lgs/0f Reporting ug]{ sfo{x? ul/Psf] 5 . o;}u/L a}sn] SWIFT
ug{ cfGtl/s lgoGq0fsf] dfWodaf6 sfo{ ug{ PsLs[t hf]lvd Sanction Screening System vl/b ug{ cfjZos k|ls|of cuf8L
a9fPsf] 5 .

a}sdf cfpg] gofF sd{rf/Lx? ;d]t u|fxs klxrfg tyf ;DklQ !!= ;+rfns ;ldlt Pj+ ;+rfns ;lDdlnt ;ldltx?
z'l4s/0f h:tf] ;+j]bgzLn ljifodf hfgsf/ xf]pg eGg] a}+ssf] ;du| ;+rfng Pj+ Joj:yfkgsf nflu gLltut lg0f{o
p2]Zon] ;dLIff cjlwdf a}+sdf gofF egf{ x'g] sd{rf/Lx?nfO{ ug]{, k|rlnt sfg'g Pj+ a}+ssf] cfGtl/s gLlt lgod adf]lhd
u|fxs klxrfg tyf ;DklQ z'l4s/0f ljifodf tflnd k|bfg ljleGg k|:tfjx? :jLs[t ug]{, a}+ssf] cNksfnLg Pj+ bL3{sfnLg
ul/Psf] lyof] . o;n] ;+:yfut ;'zfgdf ;d]t k|efj kfg]{ x'Fbf of]hgf Pj+ /0fgLlt th'{df ug]{, Joj;fo;Fu ;DalGwt ljleGg
rfn' cf=j= tyf eljiodf ;d]t o;nfO{ lg/Gt/tf lbOg] 5 . k|sf/sf hf]lvdx? h:t}: shf{ hf]lvd, ahf/ hf]lvd, ;+rfng
(= sDkgLsf] cf}Bf]lus jf Joj;flos ;DaGw hf]lvd, t/ntf hf]lvd nufotsf ljifox?df lg/Gt/ 5nkmn
a}+sn] cfkm\gf] cf}Bf]lus Pj+ Joj;flos bfo/fnfO{ lj:tfl/t u/L ljleGg lg0f{o ug]{ / ;f]sf] cg'udg ug]{df ;+rfns ;ldlt
kfb}{ hfgsf] nflu /fli6«o, cGt/fli6«o ;+3–;+:yf tyf lg/Gt/ ;lqmo /x]sf] 5 . o;sf nflu ;+rfns ;ldltn] k|rlnt
cf}Bf]lus Jofj;flos k|lti7fgx?;Fu ;'dw'/ ;DaGw :yflkt sfg'g Pj+ lgodgsf/L lgsfox?n] tf]s]sf] dfkb08x?nfO{
u/L ;f] ;DaGwnfO{ clej[l4 ub}{ n}hfg] of]hgf /fv]sf] 5 . ;d]t Vofn ub}{ lgoldt tj/n] a}7sx? a;L pko'Qm lg0f{o
ln+b} cfPsf] 5 . ;f]xL qmddf ut cf=j= df ;+rfns ;ldltsf
;fy}, a}Ísf] Joj:yfkg tyf sd{rf/L aLr ;'dw'/ Pj+ ;dGjosf/L s'n @# j6f a}7sx? ;DkGg ePsf lyP .
;DaGw lgdf{0f u/L sfo{ ;Dkfbg x'Fb} cfPsf] 5 . sd{rf/Lsf]
j[lQ ljsf; Pj+ Ifdtf clej[l4sf ljifox?df Joj:yfkg / To;}u/L, a}+sdf ;+rfns ;+of]hs x'g] u/L n]vfk/LIf0f ;ldlt,
sd{rf/L k|ltlglw aLr cfk;L 5nkmnsf cfwf/df cfjZos hf]lvd Joj:yfkg ;ldlt, sd{rf/L ;]jf ;'ljwf ;DaGwL ;ldlt
lg0f{o ug]{ ul/Psf] 5 . sd{rf/Lx¿sf] j[lQ ljsf; Pj+ Ifdtf / ;DklQ z'l4s/0f lgjf/0f ;ldlt h:tf lgoldt ;ldltx?
clej[l4sf nflu cfjZos sfo{x¿ ug]{ ul/Psf] 5 . /x]sf 5g\ .
!)= dfgj ;+;fwg ljsf;sf sfo{x? !@= ;xfos sDkgL l;4fy{ Soflk6n ln= n] u/]sf d'ne't
a}+snfO{ cfhsf] uf}/jk"0f{ :yfg;Dd NofO{ k'¥ofpgdf a}+sdf sfo{/t sfo{x?
hgzlQmsf] dxTjk"0f{ e"ldsf /x]sf] 5 . zfvf ;+Vofdf j[l4, a}+ssf] ;xfos sDkgLsf] ?kdf l;4fy{ Soflk6n lnld6]8 /x]sf]
Joj;fo lj:tf/ Pj+ kl/jlt{t ;Gbe{df a}lsË If]qdf b]vf kl//x]sf 5 . h;sf] hf/L tyf r'Qmf k'FhL ? @) s/f]8 /x]sf]df pQm
hf]lvdx?nfO{ ;d]t b[li6ut u/L a}+sn] a}+ssf plrt k'FhLsf] %! k|ltzt :jfldTj o; a}+ssf] /x]sf] 5 eg] afFsL $(
:yfgdf plrt of]Uotf / Ifdtf ePsf] sd{rf/Lx? kl/rfng k|ltzt :jfldTj cGo ;+:yfksx?sf] /x]sf] 5 .
u/]sf] 5 . ut cf=j= c;f/ d;fGtdf a}+sdf s'n sd{rf/Lx?sf] l;4fy{ Soflk6nn] Do'r'cn km08sf] Joj:yfkgsf cltl/Qm
;+Vof !,@)) /x]sf]df o; cf=j= sf] sflt{s d;fGt;Dd s'n ;Dk"0f{ dr]{G6 a}+lsË Joj;fo h:t} z]o/ /lhi6«f/, kf]6{kmf]lnof]
sd{rf/L ;+Vof !,@($ k'u]sf] 5 . h;dWo] $@^ hgf dlxnf / Joj:yfkg, c08//fO6, lwtf]kq lgisfzg tyf laqmL k|aGwssf]
*^* hgf k'?if sd{rf/Lx? /x]sf 5g\ . sfo{ ub}{ cfO{/x]sf] 5 . sDkgLn] uPsf] cfly{s jif{df u/]sf
a}+sn] sd{rf/Lx?sf] Ifdtf Pj+ ;Lk clej[l4sf nflu a}+s leq} sfo{x? ;Gtf]ifhgsg} b]lvPsf 5g\ .
tyf a}+s aflx/ /fli6«o–cGt/f{li6«o txdf ljleGg tflndx?df ut cfly{s jif{ @)&#÷&$ df l;4fy{ Soflk6n lnld6]8sf] v'b
sd{rf/Lx?nfO{ ;xefuL u/fpFb} cfPsf] 5 . To:t} a}+sn] gfkmf ?= @) s/f]8 !@ nfv *) xhf/ # ;o $% /x]sf] df cfly{s
sd{rf/Lx?sf] Ifdtf clej[l4 s} nflu g]zgn a}+lsË OlG:6Ro'6n] jif{ @)&$÷&% df sDkgLsf] v'bf gfkmf ?= ( s/f]8 $( nfv @
;+rfng ul//x]sf] JANBI sf];{df ;xefuL x'g cfkm\gf] ( xhf/ $^ k'¥ofpg ;kmn ePsf] 5 . kF"hL ahf/df b]lvPsf]
sd{rf/Lx?nfO{ lg/Gt/ k|f]T;fxg ub}{ pQm sf];{ ug{ rfxg] lu/fj6 ;Fu} sDkgLsf] gfkmfdf ;d]t To;sf] c;/ b]lvPsf] 5 .
nfO{ a}+sn] ;xof]u ;d]t ub}{ cfPsf] 5 . xfn;Dd a}+ssf !)* sDkgLn]] cfly{s jif{ @)&$÷&% sf] d'gfkmfaf6 cfkm\gf z]o/
hgf sd{rf/Lx?n] JANBI sf];{df ;xeflutf hgfPsf 5g\ . wgLx?nfO{ #) k|ltzt gub nfef+z ljt/0f u/]sf] 5 .
o;n] sd{rf/Lsf] 1fg tyf Ifdtf j[l4 eO{ a}+ssf] sfddf cem} ;dLIff cjlw -cf=j= @)&$÷&%_ df sDkgLn] # j6f sDkgLx?sf]
k|efjsfl/tf cfpg] ljZjf; ul/Psf] 5 . ;fwf/0f z]o/ lgisfzg (IPO), Pp6f sDkgLsf] gofF km08
a}+ssf sd{rf/Lx?nfO{ km/s–km/s ljifodf tflndx? pknAw lgisfzg (NPO), & j6f sDkgLsf] xsk|b lgisfzg tyf %
u/fpgsf nflu a}+sn] g]zgn a}+lsË OlG:6Ro'6;Fu 5'6\6} j6f sDkgLsf] af]nsaf]n Joj:yfkg u/]sf] lyof]] . sDkgLn] xfn
;dembf/Lkq ;d]t u/]sf] 5, h; cg';f/ pQm ;+:yfn] a}+ssf ljleGg ljQLo ;+:yf tyf km08 u/L !^ j6f ;+:yfsf] nflu z]o/
sd{rf/Lx?nfO{ pko'Qm x'g] ljleGg tflnd tyf k'gtf{huLs/0f /lhi6«f/sf] sfo{ ul//x]sf] 5 .
(Refreshment) sf];{x? pknAw u/fpg]5 . l;4fy{ Soflk6nn] g]kfn lwtf]kq af]8{ tyf l;l8P; P08
a}+ssf sd{rf/LnfO{ ;"rgf k|ljlwsf If]qdf b]vf k/]sf] ljleGg lSnol/Ë lnld6]8af6 lgIf]k ;b:osf] ?kdf sfo{ ug{sf
hf]lvd, d'b|f lgd{nLs/0f Pj+ cft+ssf/L s[ofsnfkx?df x'g] nflu Ohfht k|fKt u/]sf]df l;4fy{ a}+s ln= sf ;Dk"0f{ zfvf
ljQLo nufgL h:tf hf]lvdaf6 a}+snfO{ hf]ufpgsf nflu klg sfof{nox? tyf cfˆg} sfof{nox?af6 lgIf]k ;b:o ;DaGwL
;DalGwt sd{rf/Lx?nfO{ lg/Gt/0f cled'lvs/0f Pj+ tflnd ;]jf k|bfg ub}{ cfO{/x]sf] 5 . l;4fy{ Do'r'cn km08 cGtu{tsf]
k|bfg ul/b} cfPsf] 5 . To;}u/L sfo{ k|0ffnLsf dfWodaf6 klg l;4fy{ nufgL j[l4 of]hgf—! l:sdsf] of]hgf Joj:yfks
lgoGq0f / ;Gt'ng sfod ug{sf nflu d]s/ / r]s/sf] Joj:yf, /xL sfo{ u/]sf]df ?= %) s/f]8 d'Nosf] l;4fy{ nufgL j[l4
lg/Gt/ ;'k/Lj]If0f tyf cg'udg / sfo{ ;Dkfbgdf cfwfl/t of]hgf—! ldlt @)&$ ;fn k'if ( ut] kl/kSj eO{ ?= @!=&&
d'Nofs+g ug]{ Joj:yf u/L cfjZostf cg';f/ b08 / k'/:sf/sf] k|lt o'lg6df o'lg6 wgLx?nfO{ lkmtf{ e'QmfgL u/]sf] 5 .
Joj:yf ldnfO{Psf] 5 . To:t} ? ! ca{sf] l;4fy{ OSjL6L cf]l/oG6]8 l:sd ljut $ jif{

b]lv ;+rfngdf /x]sf] 5 eg] ;dLIff jif{df ? ! ca{ %) s/f]8 ul/Psf]df ;f] cg';f/ gxF'bf ut cfly{s jif{df a}+lsË If]qdf
cfwf/ cfsf/sf] l;4fy{ OlSj6L km08 ;+rfngdf NofPsf] 5 . t/ntfsf] ;d:of b]vf k¥of] / rfn' cf=j=df klg a}+lsË If]qdf
;dLIff cjlwsf] cfiff9 d;fGtdf l;4fy{ OSjL6L cf]l/oG6]8 t/ntfsf] cj:yf emg uDeL/ ag]sf] 5 / slt cjwL;Dd o:tf]
l:sd tyf l;4fy{ OlSj6L km08 sf] k|lt O{sfO d'No qmdzM /xG5 eGg] k|i6 cg'dfg ug{df ;d]t cK7]/f] cj:yf 5 . o:tf]
?= !!=%$ / ?=!)=!* sfod /x]sf] 5 . cj:yfdf Aofhb/df b]lvPsf] tLj| ptf/ r9fjn] a}+ssf] ;du|
!#= z]o/wgLx?n] lbPsf ;'emfjx?sf] sfof{Gjog Joj;fonfO{ k|efljt kfl//x]sf] 5 . t/ntfsf sf/0f nufgLof]Uo
ut jflif{s ;fwf/0f ;efdf z]o/wgL dxfg'efjx?n] a}+ssf] /sdsf] cefj x'g yfn]sf] 5 .
Joj:yfksLo, Joj;flos nufotsf ljleGg If]qdf a}+sn] cem} o;/L ;du| d'n'ssf] /fhgLlts cj:yf, a}+lsË I]fqsf] t/ntf
/fd|f] ug{ ;sf]; eGg] x]t'n] ljleGg lnlvt Pj+ df}lvs ;'emfjx?
lbg' ePsf] lyof] . o:tf ;'emfjx?nfO{ a}+sn] ;b}j cToGt} cflb ljleGg sf/0fn] a}+ssf] sfo{nfO{ lgoldt k|efljt t'NofO{
;sf/fTds ?kdf lnb} cfPsf] 5 . z]o/wgL dxfg'efjx?n] /x]sf] x'G5 . d'ne't?kdf a}+ssf] sfo{nfO{ c;/ kfg]{ tTjx?sf]
lbg' ePsf ljleGg ;'emfjx? dWo] d'ntM Debenture hf/L ug]{ af/]df b]xfo cg';f/ a'Fbfut?kdf pNn]v ul/Psf] 5 .
a]nf cfPsf], Non Banking Assets 36fpFb} n}hfg'kg]{, != 5f]6f] 5f]6f] ;dodf b]lvg] t/ntfsf] ;d:of g} a}+ssf] sfo{df
sd nfutdf zfvfx? lJf:tf/ ug'[{kg]{, ;fwf/0f;ef ;dod} ug'kg]{, d'Vo?kdf c;/ kfg]{ tTjsf] ?kdf /x]sf] 5 .
Banking Card sf] ;'/Iffdf cfjZos ;fjwfgL ckgfpg'kg]{, @= To:t} ;"rgf k|ljwsf] ljsf; ;Fu;Fu} o;;Fu hf]l8Psf ;+rfng
b'u{d If]qdf a}+s hfg'kg]{, Information System Audit ;dod} hf]lvd a}+sx?sf] nflu csf]{ r'gf}tLsf] ljifo xf] .
ug'{kg]{, a}+s ;+l3o ;+/rgf cg'?k hfg'kg]{, a}+ssf] nufgL #= b]zsf] cfly{s, df}lb|s tyf ljQLo gLlt kl/jt{gaf6 l;h{gf
ljljlws/0f ug'{kg]{, k|ltj]bgdf b]lvPsf z'4fz'4L h:tf ;fdfGo x'g ;Sg] ;Defljt kl/l:yltn] klg a}+ssf] Joj;fonfO{ c;/
q'6Lx? ;Rofpg' kg]{ h:tf ;'emfjx? k|fKt ePsf lyP . z]o/ k'¥ofpg ;Sg] b]lvG5 .
wgLx?af6 k|fKt ;'emfjnfO{ a}+sn] ;b}j uDeL/tfsf ;fy dgg $= o;sf cltl/Qm ljb]zL ljlgdo sf/f]af/sf qmddf ljlgdob/df
ub}{ sfof{Gjog ub}{ cfPsf] 5 . x'g] kl/jt{gaf6 x'g ;Sg] hf]lvd, shf{ tyf nufgLsf] bfo/f
ga9\bf ahf/df c:j:y k|lt:kwf{ pTkGg eO{ cfOkg{ ;Sg]
a}+sn] & jif{ cjlw ePsf] !)=% k|ltzt Aofhb/df ?= @ ca{ @% hf]lvdx?, l5d]sL d'n's nufot cGt/f{li6«o cfly{s tyf
s/f]8sf] Debenture hf/L k|s[ofdf /x]sf], Non Banking Assets ljQLo hutdf b]vf kg{ ;Sg] ptf/r9fjaf6 g]kfnL ahf/df
36fpFb} uO{/x]sf], zfvf lJf:tf/ ubf{ ldtJolotf ckgfO/x]sf], kg{ ;Sg] k|efjn] klg a}+ssf] Joj;fodf c;/ k'Ug ;Sg]
of] ;fwf/0f;ef ;dod} u/]sf] / cfufdL jif{x?df klg ;dod} b]lvG5 . z]o/ahf/df b]lvPsf] lu/fj6n] klg a}+ssf]
ug{ k|lta4 /x]sf], ;"rgf k|ljlwsf] If]qdf b]lvPsf gofF Joj;fodf c;/ k'Ug ;Sg] cf+sng ul/Psf] 5 .
gofF hf]lvd k|lt a}+s ;r]t /x]sf] ;f]xL qmddf a}+sn] k'/fgf] %= b]z ;+3Lotfdf k|j]z ul/;s]sf] cj:yfdf ;+l3o ;+/rgf
DofUg]l6s :6«fOkdf cfwfl/t sf8{sf] ;6\6fdf ;'/lIft OPdeL adf]lhd b]zsf] cfly{s, df}lb|s tyf ljQLo gLltdf x'gg;Sg]
lrkdf cfwfl/t sf8{ k|0ffnL nfu' u/]sf], Information System kl/jt{gaf6 l;h{gf x'g;Sg] ;Defljt kl/l:yltn] klg a}+ssf]
Audit ;DkGg u/fO;s]sf], a}+sn] k|b]z sfof{nox?sf] ;+/rgf Joj;fonfO{ c;/ k'¥ofpg ;Sg] b]lvG5 .
to u/L & j6f k|b]zLo sfof{nox? / @ j6f pk–k|b]zLo
sfof{nox? sfof{Gjogdf NofPsf], shf{ ljljlws/0fsf] nflu o:tf y'k|} cfly{s tyf u}/ cfly{s r'gf}tLsf afjh'b klg a}+sn]
shf{sf ljleGg ;]jfx? vf;u/L ;fgf tyf demf}nf pBdL ;f]xL cg'?k of]hgf tyf /0fgLltx?sf] cjnDag u/L cfkm\gf]
Joj;foL nlIft ;]jfx? ;+rfngdf NofPsf] 5 . o;}u/L n3' nIo xfl;n ug]{ k|of; sfod} /fVg]5 .
a}+lsË ;]jf cGtu{t a}+sn] l;4fy{ ;/n n3' shf{, l;4fy{ !%= wGojfb 1fkg
;/n s[lif shf{, l;4fy{ l/S;f shf{, æl;4fy{ Go"g nfut cGTodf, a}Ísf] pGgtL / k|utLsf] ;xofqfdf ;fy lbg'x'g]
u|fld0f cfjf; shf{Æ of]hgf h:tf ;/n Pj+ k|efjsf/L ;]jfx?;Dk"0f{ u|fxs dxfg'efjx¿, z]o/wgL dxfg'efjx¿ tyf
sfof{Gjogdf NofPsf] 5 . To;}u/L ;'ud If]qdf dfq xf]Og b'u{d
g]kfn ;/sf/, lgodgsf/L lgsfox¿ g]kfn /fi6« a}Í,
If]qdf ;d]t a}+ssf] kx'Fr lj:tf/ ug'{k5{ eGg] dfGotf cg'?k
g]kfn lwtf]kq af]8{, sDkgL /lhi6«f/sf] sfof{no, g]kfn :6s
b'u{d ufpFkflnsfsf ;fy} ;b/d'sfd eGbf aflx/sf :yfgx?df PS:r]Gh ln= tyf l;l8P; P08 lSnol/Ë lnld6]8af6 k|fKt
klg a}+sn] zfvf la:tf/ ul//x]sf] 5 eg] zfvf/lxt a}+lsË ;xof]u tyf dfu{bz{gsf] nflu xflb{s s[t1tf 1fkg ub}{
;]jfnfO{ ;d]t yk la:tf/ ub}{ nu]sf] 5 . eljiodf klg o;} u/L oxFfx¿sf] ;fy kfO{/xg] ljZjf; lnPsf
z]o/wgL dxfg'efjx?n] k|ltj]bgdf b]lvPsf] k|fljlws 5f}+ . a}Ísf] lxtsf] nflu lg/Gt/ lqmofzLn eO{ u|fxsju{sf]
q'6L ;Rofpg lbg' ePsf] ;'emfjnfO{ klg xfdLn] oyf;Dej ;]jfdf ;+nUg a}+s Joj:yfkg Pj+ ;Dk"0f{ sd{rf/Lx¿, cfGtl/s
oyf:yfgdf ;Rofpg] k|of; u/]sf 5f}+ . cfufdL lbgdf klg tyf afXo n]vfk/LIfs Pj+ ;Dk"0f{ z'e]R5'sx¿nfO{ o; cj;/df
z]o/wgL dxfg'efjx?af6 lg/Gt/ ;'emfj Pj+ ;xof]usf] ck]Iffxflb{s wGojfb lbg rfxG5f}+ .
ub}{ k|fKt ;'emfjnfO{ sfof{Gjog ub}{ hfg] k|lta4tf JoQm ub{5f}+ .
wGojfb .
!$= sf/f]af/nfO{ c;/ kfg]{ d'Vo s'/fx¿ ;+rfns ;ldltsf] tkm{af6,
b]zdf :yfgLo, k|b]z Pj+ ;+3Lo tx u/L ltg} txsf] lgjf{rg dgf]h s'df/ s]l8of
;DkGg eO{ b'O{ ltxfO ;lxtsf] ax'dtsf] ;/sf/ u7g ePkZrft cWoIf
;/sf/L vr{ eO{ t/ntfsf] cj:yfdf ;xhtf cfpg] cg'dfg

cg';'rL -s_
!= n]vfk/LIfssf] k|ltj]bg ;DaGwdf ;+rfns ;ldltsf] l6Kk0fL

n]vfk/LIfssf] k|ltj]bgdf pNn]v ul/Psf ljj/0f tyf ;'emfjx? dfly ;~rfns ;ldltdf 5nkmn eO{ n]vfk/LIfsn] /fVg' ePsf
;'emfjx?nfO{ sfof{Gjog ug{ Joj:yfkgnfO{ lgb]{zg lbg] ul/Psf] 5 . ;fy} n]vfk/LIf0f ;ldltn] tof/ u/]sf] k|ltj]bgx? lgoldt
?kdf ;~rfns ;ldltdf k]z u/L ;f] pk/ lgoldt 5nkmn Pj+ cfjZos lg0f{ox? ug]{ ul/Psf] 5 .
@= n]vfk/LIf0f ;ldlt
-s_ a}+ssf] n]vfk/LIf0f ;ldltdf lgDg lnlvt ;b:ox? /xg' ePsf] 5 .
!= >L g/]Gb| s'df/ cu|jfn ;+of]hs
@= >L lbg]z z+s/ kflnv] ;b:o
#= >L eut lai6* ;b:o
$= >L ;'lht kf]v/]n ;b:o ;lrj
%= >L lg/fsf/ axfb'/ l;Fx ;b:o ;lrj
-n]vfk/LIf0f ;ldltsf] ;b:o ;lrjsf] ?kdf /xg' ePsf >L ;'lht kf]v/]nn] ldlt @)&% c;f/ !& ut] a}+ssf] ;]jfaf6
/flhgfdf lbg' ePsf]n] ldlt @)&% ;fpg #) ut] b]lv nfu' x'g] u/L >L lg/fsf/ axfb'/ l;+x lgo'Qm x'g' ePsf] ._
* n]vfk/LIf0f ;ldltsf] ;b:osf] ?kdf /xg' ePsf :jtGq ;+rfns >L eut lai6sf] @)&$ kmfNu'g % ut] c;fdlos lgwg
ePsf] .
-v_ ;dLIff cjlwdf n]vfk/LIf0f ;ldlt ;ft j6f a}7sx? ;DkGg ePsf lyP h;df d'ntM lgDg ljifox? pk/ 5nkmn u/L
ljleGg lg0f{ox? ul/Psf] lyof] M
cf=j @)&$÷@)&% sf] nfuL n]vfk/LIf0f of]hgf / sfo{qmdx? .
k|f/lDes n]vfk/LIf0f k|ltj]bg, To; pk/ Joj:yfkgsf] hjfkm tyf cf=j= @)&$÷&% sf] ljlQo ljj/0fx? pk/ 5nkmn .
g]kfn /fi6« a}+s, a}+s ;'kl/j]If0f ljefuaf6 ePsf] :ynut lgl/If0f k|ltj]bg, @)&$ pk/ 5nkmn tyf a}+s Joj:yfkgnfO{
lgb]{zg .
s]lGb|o tyf zfvf sfof{nox?sf shf{ tyf ;~rfng ;DaGwL n]vfk/LIf0f k|ltj]bgx? .
zfvf sfof{nox?sf k|tLtkq sf/f]af/ ;DaGwL n]vfk/LIf0f k|ltj]bgx? .
nufgL tyf hf]lvd Joj:yfkg ;DaGwL n]vfk/LIf0f k|ltj]bg .
-u_ ;dLIff cjlwdf n]vfk/LIf0f ;ldltdf /xg' ePsf ;+rfnsnfO{ k|lt a}7s ?= !),)))÷– sf b/n] a}7s eQf k|bfg ul/Psf] 5 .
-3_ ;dLIff cjlwdf ;~rfnsx? / k|d'v sfo{sf/L clws[tnfO{ e'QmfgL ul/Psf] /sd ljj/0fM
;~rfnsx?nfO{ a}7s eQf, b}lgs e|d0f eQf tyf cGo eQf tyf vr{ afkt e'QmfgL ePsf] ?= #,^$$,@#$÷–
k|d'v sfo{sf/L clws[tnfO{ kfl/>lds, eQf tyf cGo ;'ljwf afkt e'QmfgL ul/Psf] ?= !$,$#!,@)%=^#÷–
-ª_ nfef+zsf] ljj/0f
a}sn] ut cf=j @)&#÷&$ df !$ k|ltztsf] b/n] af]gz z]o/ ljt/0f u/]sf]df o; cf=j= df % k|ltzt af]gz z]o/ tyf
*=!^ k|ltzt gub nfef+z -af]gz z]o/ tyf gub nfef+zsf] s/ k|of]hgsf nfuL ;d]t_ ljt/0f ug]{ k|:tfj a}+ssf] ;+rfns
;ldltn] u/]sf] 5 .
-$_ cfly{s jif{ @)&$÷&% df a}+sn] s'g} z]o/ hkmt u/]sf] 5}g .
-%_ s'g} klg ;~rfns, sfo{sf/L k|d'v, a}+ssf ;+:yfks z]o/wgL jf lghsf gft]bf/ jf lgh ;+nUg /x]sf] kmd{, sDkgL jf
;+ul7t ;+:yfn] a}+snfO{ s'g} klg /sd a'emfpg afFsL 5}g .

Plss[t ljQLo cj:yfsf] ljj/0f -jf;nft_
cfiff9 d;fGt @)&% -!^ h'nfO{ @)!*_ /sd ?= df
;d"x a}+s
gf]6
cfiff9 d;fGt @)&% cfiff9 d;fGt @)&$ cfiff9 d;fGt @)&# cfiff9 d;fGt @)&% cfiff9 d;fGt @)&$ cfiff9 d;fGt @)&#
;DklQ
gub tyf gub ;dfg 4.1 4,515,436,174 3,592,945,368 3,741,233,919 4,453,213,255 3,879,880,443 3,378,239,325
g]kfn /fi6« a}s
+ df /x]sf] df}Hbft tyf lng' kg]{ 4.2 6,454,927,243 6,672,330,906 3,847,268,039 6,454,927,243 6,672,330,906 3,847,268,039
a}+s tyf ljQLo ;+:yfdf /x]sf] df}Hbft 4.3 1,611,130,000 567,325,000 744,730,397 1,611,130,000 567,325,000 744,730,397
8]l/e]l6e ljQLo pks/0f 4.4 3,705,756 28,637,239 24,141,960 3,705,756 28,637,239 24,141,960
cGo Jofkfl/s ;DklQx? 4.5 103,413,532 54,588,507 35,394,048 81,317,739 40,991,188 29,757,920
a}s
+ tyf ljQLo ;+:yfnfO{ lbPsf] shf{ tyf ;fk6 4.6 2,841,166,306 2,419,043,662 1,476,505,000 2,841,166,306 2,419,043,662 1,476,505,000
u|fxsnfO{ lbPsf] shf{ tyf ;fk6 4.7 83,237,582,160 64,652,779,524 54,748,958,920 83,236,087,535 64,651,159,439 54,748,958,920
lwtf]kqdf (securities) nufgL 4.8 18,877,942,436 12,212,945,730 10,434,778,466 18,592,942,436 11,971,296,354 10,342,658,056
rfn' s/ ;DklQ 4.9 69,314,347 69,861,315 88,456,534 68,228,757 58,671,994 83,527,836
;xfos sDkgLdf nufgL 4.10 ‡ ‡ ‡ 51,000,000 51,000,000 51,000,000
;Da4 sDkgLdf nufgL 4.11 ‡ ‡ ‡ ‡ ‡ ‡
;DklQdf nufgL (Investment Property) 4.12 154,637,535 154,637,535 154,637,535 154,637,535 154,637,535 154,637,535
;DklQ tyf pks/0f 4.13 1,100,186,110 748,794,932 634,212,603 1,072,322,808 718,726,424 618,825,074
VoftL / cd"t{ ;DklQ 4.14 13,301,220 13,552,430 3,897,775 12,089,083 12,661,339 3,090,526
:yug s/ ;DklQ 4.15 ‡ ‡ ‡ ‡ ‡ ‡
cGo ;DklQ 4.16 1,274,603,859 416,811,682 659,265,784 1,236,450,112 359,741,367 621,607,328
s"n ;DklQ 120,257,346,677 91,604,253,831 76,593,480,982 119,869,218,564 91,586,102,891 76,124,947,919
cfiff9 d;fGt @)&% cfiff9 d;fGt @)&$ cfiff9 d;fGt @)&# cfiff9 d;fGt @)&% cfiff9 d;fGt @)&$ cfiff9 d;fGt @)&#
bfloTj
a}+s tyf ljlQo ;+:yfx?nfO{{ ltg{ afFsL 4.17 7,448,514,711 5,901,743,130 8,011,651,778 7,448,514,711 5,901,743,130 8,011,651,778
g]kfn /fi6« a}s
+ nfO{ ltg{ afFsL 4.18 692,426,920 505,714,039 60,000,000 692,426,920 505,714,039 60,000,000
8]l/e]l6e ljQLo pks/0f 4.19 73,754,800 ‡ ‡ 73,754,800 ‡ ‡
u|fxssf] lgIf]k 4.20 94,245,389,984 70,437,746,169 57,740,756,773 94,579,591,123 71,415,816,169 57,772,706,773
ltg{ afFsL shf{ ;fk6L 4.21 ‡ ‡ ‡ ‡ ‡ ‡
rfn' s/ bfloTj 4.9 ‡ ‡ ‡ ‡ ‡ ‡
Joj:yf 4.22 ‡ ‡ ‡ ‡ ‡ ‡
:yug s/ bfloTj 4.15 260,973,262 403,471,997 433,421,550 261,913,156 393,804,733 422,621,868
cGo bfloTj 4.23 2,288,115,239 1,734,442,735 1,522,741,400 1,906,669,561 1,046,320,007 1,156,169,566
hf/L ul/Psf] C0fkq 4.24 1,203,520,000 1,203,520,000 1,203,520,000 1,203,520,000 1,203,520,000 1,203,520,000
;'/If0f g/flvPsf] ;xfos cfjlBs bfloTj 4.25 ‡ ‡ ‡ ‡ ‡ ‡
s"n bfloTj 106,212,694,916 80,186,638,070 68,972,091,502 106,166,390,271 80,466,918,078 68,626,669,985
OlSj6L
z]o/ k"FhL 4.26 8,464,385,276 6,628,878,942 3,022,880,563 8,464,385,276 6,628,878,942 3,022,880,563
z]o/ lk|ldod 122,091,505 120,230,167 ‡ 122,091,505 120,230,167 ‡
;+lrt d'gfkmf 1,266,335,751 1,432,177,349 1,959,648,620 1,184,426,033 1,317,891,789 1,924,589,247
hu]8f tyf sf]ifx? 4.27 3,999,355,730 3,065,108,138 2,553,545,639 3,931,925,480 3,052,183,915 2,550,808,123
z]o/ wgLx?nfO{ jfF8kmfF8 of]Uo s'n OlSj6L 13,852,168,262 11,246,394,596 7,536,074,822 13,702,828,293 11,119,184,813 7,498,277,934
u}/ lgolGqt :jfy{ (Non-Controlling Interest) 192,483,499 171,221,164 85,314,658 ‡ ‡ ‡
s"n OlSj6L 14,044,651,761 11,417,615,760 7,621,389,480 13,702,828,293 11,119,184,813 7,498,277,934
s"n bfloTj / OlSj6L 120,257,346,677 91,604,253,831 76,593,480,982 119,869,218,564 91,586,102,891 76,124,947,919
;+efljt bfloTj tyf k|ltj4tf 4.28 23,990,759,623 15,182,990,307 13,098,657,510 22,868,642,623 15,182,990,307 13,098,657,510
k|lt z]o/ v'b ;DklQ 163.65 169.66 249.30 161.89 167.74 248.05
b= k|d]z >]i7 b= ;'Gb/ k|= s8]n b= zDe' gfy uf}td

k|aGws – ljQ tyf n]vf Gffoj k|d'v sfo{sf/L clws[t k|d'v sfo{sf/L clws[t
b= g/]Gb| s'df/ cu|jfn
b= lj/]Gb| s'df/ zfx b= dgf]h s'df/ s]l8of cfhsf] ldltsf] ;+nUg k|ltj]bg cg';f/
cWoIf ;'lg/ s'df/ 9'°]n
b= lbg]z z+s/ kflnv] ;fem]bf/
b= /fh]z s'df/ s]l8of P;= P= cf/= P;f]l;P6\;
-;+rfnsx?_ rf6{8{ Psfp06]06;\
ldlt – d+l;/ ^, @)&% -22 November 2018_
sf7df8f}F

Plss[t gfkmf gf]S;fg ljj/0f
! >fj0f @)&$ b]lv #@ cfiff9 @)&% ;Dd -!^ h'nfO{ @)!& b]lv !^ h'nfO{ @)!* ;Dd_/sd ?= df
;d"x a}+s
gf]6
o; jif{ ut jif{ o; jif{ ut jif{
Jofh cfDbfgL 4.29 10,096,173,172 6,857,405,354 10,057,002,594 6,625,302,722
Jofh vr{ 4.30 6,587,819,129 3,973,955,438 6,620,744,057 3,998,165,438
v'b Jofh cfDbfgL 3,508,354,044 2,883,449,916 3,436,258,538 2,627,137,284
z'Ns tyf sldzg cfDbfgL 4.31 866,692,444 613,902,674 779,704,041 521,610,976
z'Ns tyf sldzg vr{ 4.32 138,756,585 135,450,309 127,903,277 119,939,703
v[b z'Ns / sldzg cfDbfgL 727,935,859 478,452,365 651,800,764 401,671,273
v'b Jofh, z'Ns / sldzg cfDbfgL 4,236,289,903 3,361,902,280 4,088,059,302 3,028,808,556
v'b Jofkfl/s cfDbfgL 4.33 254,531,783 148,425,934 258,680,709 145,171,178
cGo ;+rfng cfDbfgL 4.34 355,603,302 249,784,042 308,497,248 242,221,782
hDdf ;+rfng cfDbfgL 4,846,424,988 3,760,112,256 4,655,237,259 3,416,201,516
shf{sf] hf]lvd Joj:yf÷-lkmtf{_ tyf cGo gf]S;fgL 4.35 230,393,540 120,092,789 230,393,540 120,092,789
v'b ;+rfng cfDbfgL 4,616,031,448 3,640,019,467 4,424,843,719 3,296,108,728
;~rfng vr{
sd{rf/L vr{ 4.36 1,124,699,685 814,945,912 1,085,844,188 763,035,105
cGo ;~rfng vr{ 4.37 509,490,049 404,940,802 490,920,608 385,679,285
x|f;s§L / kl/iff]wg (Amortization) 4.38 125,714,676 98,269,302 118,454,070 92,955,912
;~rfng d'gfkmf 2,856,127,039 2,321,863,451 2,729,624,852 2,054,438,425
u}/ ;~rfng cfDbfgL 4.39 698,439 875,714 400,000 ‡
u}/ ;~rfng gf]S;fgL 4.40 ‡ 73,468,715 ‡ 73,468,715
cfo s/ cl3sf] d'gfkmf 2,856,825,478 2,249,270,451 2,730,024,852 1,980,969,710
cfos/ vr{ 4.41
rfn' s/ 853,459,498 658,909,955 819,700,870 592,769,710
:yug s/ 4,375,430 -13,214,153_ 6,262,478 -14,094,306_
o; cjlwsf] d'gfkmf 1,998,990,550 1,603,574,649 1,904,061,504 1,402,294,306
gfkmf jfF8kmfF8
a}+ssf] z]o/ wgL 1,952,475,317 1,504,947,281 1,904,061,504 1,402,294,306
u}/ lgolGqt :jfy{ (Non-Controlling Interest) 46,515,232 98,627,368 ‡ ‡
o; cjlwsf] d'gfkmf 1,998,990,550 1,603,574,649 1,904,061,504 1,402,294,306
k|lt z]o/ cfDbfgL
cfwf/e't k|lt z]o/ cfDbfgL 27 76
27.76 30 41
30.41 26 45
26.45 26.60
26 60
8fOn'6]8 k|lt z]o/ cfDbfgL 27.76
27 76 30.41
30 41 26.45
26 45 26 60
26.60

k|aGws – ljQ tyf n]vf Gffoj k|d'v sfo{sf/L clws[t k|d'v sfo{sf/L clws[t
b= g/]Gb| s'df/ cu|jfn b= dgf]h s'df/ s]l8of cfhsf] ldltsf] ;+nUg k|ltj]bg cg';f/
b= lj/]Gb| s'df/ zfx cWoIf ;'lg/ s'df/ 9'°]n
P;= P= cf/= P;f]l;P6\;
b= /fh]z s'df/ s]l8of rf6{8{ Psfp06]06;\
-;+rfnsx?_
ldlt – d+l;/ ^, @)&% -22 November 2018_

sf7df8f}F

Plss[t cGo lj:t[t cfDbfgLsf] ljj/0f
! >fj0f @)&$ b]lv #@ cfiff9 @)&% ;Dd -!^ h'nfO{ @)!& b]lv !^ h'nfO{ @)!* ;Dd_
/sd ?= df
;d"x a}+s
gf]6
o; jif{sf] d'gfkmf 1,998,990,550 1,603,574,649 1,904,061,504 1,402,294,306
cfos/ kl5sf] cGo lj:t[t cfDbfgL
s_ gfkmf÷gf]S;fgdf k'gM jlu{s/0f gul/g] a'bF fx?
km]o/ d"Nodf d'NofÍg ul/Psf OlSj6L -492,739,061_ -12,685,498_ -457,720,085_ -5,095,834_
pks/0fsf nufgLaf6 ePsf gfkmf÷-gf]S;fg_
k'gM d'NofÍgaf6 ePsf gfkmf÷-gf]S;fg_ ‡ ‡ ‡ ‡
kl/eflift (Defined) nfe of]hgfaf6 ljdflÍs (Actuarial) -2,677,979_ -44,364,114_ -2,793,432_ -43,980,266_
gfkmf÷-gf]S;fg_
dfly pNn]v ul/Psf j'bF fx?sf] cfos/ 146,874,165 16,735,400 138,154,055 14,722,830
gfkmf÷gf]S;fgdf k'gM jlu{s/0f gul/Psf v'b cGo lj:t[t cfDbfgL -348,542,875_ -40,314,212_ -322,359,462_ -34,353,270_
v_ gfkmf÷gf]S;fgdf k'gM jlu{s/0f ul/Psf jf ug{ ;lsg] a'bF fx?
gub k|jfxsf] x]lhËaf6 ePsf] gfkmf÷-gf]S;fg_ ‡ ‡ ‡ ‡
Foreign Operations sf] sf/0f ljQLo ;DklQsf] ljlgdo ‡ ‡ ‡ ‡
(Exchange Rate) kl/jt{g ubf{ x'g] ;6xL gfkmf÷-gf]S;fg_
dfly pNn]v ul/Psf j'bF fx?sf] cfos/ ‡ ‡ ‡ ‡
gfkmf÷gf]S;fgdf jlu{s/0f gul/Psf cGo v'b lj:t[t cfDbfgL ‡ ‡ ‡ ‡
gfkmf÷gf]S;fgdf k'gMjlu{s/0f ul/Psf jf ug{ ;lsg]] v'b ‡ ‡ ‡ ‡
cGo lj:t[t cfDbfgL
u_ OlSj6L ljlwaf6 (Equity Method) n]vf+sg ul/Psf] ‡ ‡ ‡ ‡
;Da4 ;+:yfsf] cGo lj:t[t cfDbfgLdf lx:;f
cfos/ kl5sf] o; jif{sf] cGo lj:t[t cfDbfgL -348,542,875_ -40,314,212_ -322,359,462_ -34,353,270_
s'n o; jif{sf] lj:t[t cfDbfgL 1,650,447,675 1,563,260,438 1,581,702,042 1,367,941,036
s'n lj:t[t cfDbfgLsf] jfF8kmfF8
a}+ssf] OlSj6L z]o/ wgL 1,616,762,315 1,467,553,931 1,581,702,042 1,367,941,036
u}/ lgolGqt :jfy{ (Non-Controlling Interest) 33,685,360 95,706,507 ‡ ‡
s'n lj:t[t cfDbfgL 1,650,447,675 1,563,260,438 1,581,702,042 1,367,941,036

k|aGws – ljQ tyf n]vf gfoj k|d'v sfo{sf/L clws[t k|d'v sfo{sf/L clws[t
b= g/]Gb| s'df/ cu|jfn b= dgf]h s'df/ s]l8of cfhsf] ldltsf] ;+nUg k|ltj]bg cg';f/
b= lj/]Gb| s'df/ zfx cWoIf ;'lg/ s'df/ 9'°]n
P;= P= cf/= P;f]l;P6\;
b= /fh]z s'df/ s]l8of rf6{8{ Psfp06]06;\
-;+rfnsx?_
ldlt – d+l;/ ^, @)&% -22 November 2018_

sf7df8f}F

Plss[t OlSj6Ldf ePsf] kl/jt{gsf] ljj/0f -;d"x_
a}+ssf ;fwf/0f z]o/wgLsf lgldQ
;fwf/0f hu]8f ;6xL lgodgsf/L km]o/ d"No k'gMd'Nof°g u}/ lgolGqt :jfy{ hDdf OlSj6L
z]o/ k"FhL z]o/ lk|ldod ;+lrt d'gfkmf cGo sf]if hDdf
sf]if 36a9 sf]if sf]if sf]if sf]if
! >fj0f @)&# sf] df}Hbft 4,496,143,266 ‡ 1,085,113,007 24,819,195 ‡ ‡ ‡ 107,737,062 565,951,061 6,279,763,591 85,314,658 6,365,078,249
;dfof]hg÷k'gM:yfkgf (Restatement) -1,473,262,702_ ‡ ‡ ‡ ‡ 937,671,305 ‡ 1,851,911,558 -60,008,929_ 1,256,311,231 ‡ 1,256,311,231
! >fj0f @)&# sf] ;dfof]hLt÷k'gM:yflkt df}Hbft 3,022,880,563 ‡ 1,085,113,007 24,819,195 ‡ 937,671,305 ‡ 1,959,648,620 505,942,132 7,536,074,822 85,314,658 7,621,389,480
o; jif{sf]] lj:t[t cfDbfgL
jflif{s k|ltj]bg @)&$÷&%

o; jif{sf] d'gfkmf 1,504,947,281 1,504,947,281 98,627,368 1,603,574,649
s/ kl5sf] cGo lj:t[t cfDbfgL
km]o/ d"Nodf d'NofÍg ul/Psf OlSj6L pks/0fsf -3,567,083_ -2,893,730_ -6,460,813_ -2,780,250_ -9,241,063_
nufgLaf6 ePsf] gfkmf÷-gf]S;fg_
k'gM d'NofÍgaf6 ePsf] gfkmf÷-gf]S;fg_ ‡ ‡ ‡
kl/eflift (Defined) nfe of]hgfsf] ladflÍs -actuarial_ -146,351_ -30,786,186_ -30,932,537_ -140,611_ -31,073,148_
gfkmf÷-gf]S;fg_
gub k|jfxsf] x]lhªaf6 ePsf] gfkmf÷-gf]S;fg_ ‡ ‡ ‡
Foreign Operations sf] sf/0f ljQLo ;DklQsf] ljlgdo ‡ ‡ ‡
kl/jt{g ubf{ x'g] ;6xL gfkmf÷-gf]S;fg_
o; jif{sf] lj:t[t cfDbfgL ‡ ‡ ‡ ‡ ‡ -3,567,083_ ‡ 1,501,907,201 -30,786,186_‡ 146,7553,931 95,706,506 1,563,260,438
hu]8f sf]ifdf ;fl/Psf] /sd ‡ ‡ 287,421,808 6,306,463 ‡ ‡ ‡ -545,915,769_ 252,187,498 ‡ ‡ ‡
hu]8f sf]ifaf6 :yfgfGt/0f ePsf] /sd ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
OlSj6Ldf l;w} b]vfOPsf] z]o/wgL;Fusf] sf/f]jf/
z]o/ lgisfzg 2,132,735,676 120,230,167 2,252,965,843 ‡ 2,252,965,843
z]o/df cfwfl/t e'QmfgL ‡ ‡ ‡
z]o/wgLnfO{ nfef+z ljt/0f ‡ ‡ ‡
jf]g; z]o/ lgisfzg 1,473,262,702 -1,473,262,702_ ‡ ‡ ‡
gub nfef+z e'QmfgL -10,200,000_ -10,200,000_ -9,800,000_ -20,000,000_
hDdf of]ubfg 3,605,998,378 120,230,167 287,421,808 6,306,463 ‡ -3,567,083_ ‡ -527,471,271_ 221,401,312 3,710,319,774 85,906,506 3,796,226,280
cfiff9 d;fGt @)&$ sf] df}Hbft 6,628,878,942 120,230,167 1,372,534,815 31,125,658 ‡ 934,104,221 ‡ 1,432,177,349 72,7343,444 11,246,394,596 171,221,164 11,417,615,760
! >fj0f @)&$ ;fnsf] df}Hbft 6,628,878,942 120,230,167 1,372,534,815 31,125,658 ‡ 934,104,221 ‡ 1,432,177,349 72,7343,444 11,246,394,596 171,221,164 11,417,615,760
;dfof]hg÷k'gM:yfkgf (Restatement) ‡ ‡ ‡ ‡ ‡ ‡ ‡ -180,087_ ‡ -180,087_ -173,025_ -353,112_
! >fj0f @)&$ ;dfof]hLt÷k'gM:yflkt df}Hbft 6,628,878,942 120,230,167 1,372,534,815 31,125,658 ‡ 934,104,221 ‡ 1,431,997,262 727,343,444 11,246,214,509 171,048,139 11,417,262,648
o; jif{sf] d'gfkmf 1,952,475,317 1,952,475,317 46,515,232 1,998,990,550
s/ kl5sf] cGo lj:t[t cfDbfgL
km]o/ d"Nodf d'NofÍg ul/Psf OlSj6L pks/0fsf nufgLaf6 -320,404,059_ -13,397,712_ -333,801,771_ -12,872,312_ -346,674,082_
ePsf] gfkmf÷-gf]S;fg_
k'gM d'NofÍgaf6 ePsf] gfkmf÷-gf]S;fg_ ‡ ‡
kl/eflift (Defined) nfe of]hgfsf] ladflÍs -actuarial_ 44,171 -1,955,402_ -1,911,231_ 42,438 -1,868,793_
gfkmf÷-gf]S;fg_
gub k|jfxsf] x]lhªaf6 ePsf] gfkmf÷-gf]S;fg_ ‡ ‡
Foreign Operations sf] sf/0f ljQLo ;DklQsf] ljlgdo ‡ ‡
kl/jt{g ubf{ x'g] ;6xL gfkmf÷-gf]S;fg_
o; jif{sf] lj:t[t cfDbfgL ‡ ‡ ‡ ‡ ‡ -320,404,059_ ‡ 1,939,121,776 -1,955,402_ 1,616,762,315 33,685,359 1,650,447,675
hu]8f sf]ifdf ;fl/Psf] /sd ‡ ‡ 384,318,328 ‡ 637,822,724 ‡ ‡ -1,214,390,507_ 192,249,455 ‡ ‡ ‡
hu]8f sf]ifaf6 :yfgfGt/0f ePsf] /sd ‡ ‡ ‡ ‡ ‡ ‡ ‡ 8,783,454 -8,783,454_ ‡ ‡ ‡
OlSj6Ldf l;w} b]vfOPsf] z]o/wgL;Fusf] sf/f]jf/
z]o/ lgisfzg 879,849,932 122,091,505 1,001,941,437 1,001,941,437
z]o/df cfwfl/t e'QmfgL ‡ ‡
z]o/wgLnfO{ nfef+z ljt/0f ‡ ‡
jf]g; z]o/ lgisfzg 955,656,402 -120,230,167_ -886,426,235_ 51,000,000 ‡ ‡ ‡
23
gub nfef+z e'QmfgL -12,750,000_ -12,750,000_ -12,250,000_ -25,000,000_
hDdf of]ubfg 1,835,506,334 1,861,339 384,318,328 ‡ 637,822,724 -320,404,059_ ‡ -165,661,512_ 232,510,600 2,605,953,753 21,435,359 2,627,389,112
cfiff9 d;fGt @)&% sf] df}Hbft 8,464,385,276 122,091,505 1,756,853,143 31,125,658 637,822,724 613,700,162 ‡ 1,266,335,749 959,854,044 13,852,168,262 192,483,499 14,044,651,761
Plss[t OlSj6Ldf ePsf] kl/jt{gsf] ljj/0f -a}+s_
24
a}+ssf ;fwf/0f z]o/wgLsf lgldQ
k'gM u}/ lgol-
;fwf/0f hu]8f ;6xL lgodgsf/L hDdf OlSj6L
z]o/ k"FhL z]o/ lk|ldod km]o/ d"No sf]if
d'Nof°g ;+lrt d'gfkmf cGo sf]if hDdf Gqt :jfy{
sf]if 36a9 sf]if sf]if
sf]if
! >fj0f @)&# ;fnsf] df}Hbft 4,496,143,266 ‡ 1,082,375,491 24,819,195 ‡ ‡ ‡ 72,677,689 565,951,061 6,241,966,703 ‡ 6,241,966,703
;dfof]hg÷k'gM:yfkgf (Restatement) -1,473,262,702_ ‡ ‡ ‡ ‡ 937,671,305 ‡ 1,851,911,558 -60,008,929_ 1,256,311,231 ‡ 1,256,311,231
! >fj0f @)&# sf] ;dfof]hLt÷k'gM:yflkt df}Hbft 3,022,880,563 ‡ 1,082,375,491 24,819,195 ‡ 937,671,305 ‡ 1,924,589,247 505,942,132 7,498,277,934 ‡ 7,498,277,934
o; jif{sf] d'gfkmf 1,402,294,306 1,402,294,306 ‡ 1,402,294,306
s/ kl5sf] cGo lj:t[t cfDbfgL ‡ ‡ ‡
km]o/ d"Nodf d'NofÍg ul/Psf OlSj6L pks/0fsf nufgLaf6 ePsf] -3,567,084_ -3,567,084_ ‡ -3,567,084_
gfkmf÷-gf]S;fg_
kl/eflift (Defined) nfe of]hgfsf] ladflÍs -actuarial_ gfkmf÷-gf]S;fg_ -30,786,186_ -30,786,186_ ‡ -30,786,186_
Foreign Operations sf] sf/0f ljQLo ;DklQsf] ljlgdo kl/jt{g ubf{ x'g] ‡ ‡ ‡
;6xL gfkmf÷-gf]S;fg_
o; jif{sf] lj:t[t cfDbfgL ‡ ‡ ‡ ‡ ‡ -3,567,084_ ‡ 1,402,294,306 -30,786,186_ 1,367,941,036 ‡ 1,367,941,036
hu]8f sf]ifdf ;fl/Psf] /sd ‡ ‡ 277,235,100 6,306,463 ‡ ‡ ‡ -535,729,061_ 252,187,498 ‡ ‡ ‡
hu]8f sf]ifaf6 :yfgfGt/0f ePsf] /sd ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
OlSj6Ldf l;w} b]vfOPsf] z]o/wgL;Fusf] sf/f]jf/ ‡ ‡ ‡
z]o/ lgisfzg 2,132,735,676 120,230,167 2,252,965,843 ‡ 2,252,965,843
jf]g; z]o/ lgisfzg 1,473,262,702 -1,473,262,702_ ‡ ‡ ‡
gub nfef+z e'QmfgL ‡ ‡ ‡
hDdf of]ubfg 3,605,998,378 120,230,167 277,235,100 6,306,463 ‡ -3,567,084_ ‡ -606,697,458_ 221,401,312 3,620,906,879 ‡ 3,620,906,879
cfiff9 d;fGt @)&$ sf] df}Hbft 6,628,878,942 120,230,167 1,359,610,592 31,125,658 ‡ 934,104,221 ‡ 1,317,891,789 727,343,444 11,119,184,813 ‡ 11,119,184,813
! >fj0f @)&$ ;fnsf] df}Hbft 6,628,878,942 120,230,167 1,359,610,592 31,125,658 ‡ 934,104,221 ‡ 1,317,891,789 727,343,444 11,119,184,813 ‡ 11,119,184,813
;dfof]hg÷k'gM:yfkgf (Restatement) ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
! >fj0f @)&$ ;dfof]hLt÷k'gM:yflkt df}Hbft 6,628,878,942 120,230,167 1,359,610,592 31,125,658 ‡ 934,104,221 ‡ 1,317,891,789 727,343,444 11,119,184,813 ‡ 11,119,184,813
o; jif{sf]] lj:t[t cfDbfgL ‡ ‡ ‡
o; jif{sf] d'gfkmf 1,904,061,504 1,904,061,504 ‡ 1,904,061,504
s/ kl5sf] cGo lj:t[t cfDbfgL ‡ ‡ ‡
km]o/ d"Nodf d'NofÍg ul/Psf OlSj6L pks/0fsf nufgLaf6 ePsf] gfkmf÷-gf] -320,404,059_ -320,404,059_ ‡ -320,404,059_
S;fg_
kl/eflift (Defined) nfe of]hgfsf] ladflÍs -actuarial_ gfkmf÷-gf]S;fg_ -1,955,402_ -1,955,402_ ‡ -1,955,402_
Foreign Operations sf] sf/0f ljQLo ;DklQsf] ljlgdo kl/jt{g ubf{ x'g] ‡ ‡ ‡
;6xL gfkmf÷-gf]S;fg_
o; jif{sf] lj:t[t cfDbfgL ‡ ‡ ‡ ‡ ‡ -320,404,059_ ‡ 1,904,061,504 -1,955,402_ 1,581,702,043 ‡ 1,581,702,043
hu]8f sf]ifdf ;fl/Psf] /sd ‡ 380,812,301 ‡ 637,822,724 ‡ -1,210,884,480_ 192,249,455 ‡ ‡ ‡
hu]8f sf]ifaf6 :yfgfGt/0f ePsf] /sd 8,783,454 -8,783,454_ ‡ ‡ ‡
OlSj6Ldf l;w} b]vfOPsf] z]o/wgL;Fusf] sf/f]jf/ ‡ ‡ ‡
z]o/ lgisfzg 879,849,932 122,091,505 1,001,941,437 ‡ 1,001,941,437
jf]g; z]o/ lgisfzg 955,656,402 -120,230,167_ -835,426,235_ ‡ ‡ ‡
gub nfef+z e'QmfgL ‡ ‡ ‡

hDdf of]ubfg 1,835,506,334 1,861,339 380,812,301 ‡ 637,822,724 -320,404,059_ ‡ -133,465,757_ 181,510,600 2,583,643,480 ‡ 2,583,643,480
cfiff9 d;fGt @)&% sf] df}Hbft 8,464,385,276 122,091,505 1,740,422,893 31,125,658 637,822,724 613,700,162 ‡ 1,184,426,032 908,854,044 13,702,828,293 ‡ 13,702,828,293
Plss[t gub k|jfx ljj/0f
! >fj0f @)&$ b]lv #@ cfiff9 @)&% ;Dd -!^ h'nfO{ @)!& b]lv !^ h'nfO{ @)!* ;Dd_
/sd ?= df
;d"x a}+s
sf/f]jf/ ;+rfngaf6 gub k|jfx
Jofh cfDbfgL 10,006,626,685 6,884,054,004 9,967,456,107 6,651,951,372
z'Ns tyf cGo cfDbfgL 866,692,444 613,902,674 779,704,041 521,610,976
nfef+z cfDbfgL 265,693 64 265,693 64
cGo ;+rfng sf/f]jf/x?af6 cfDbfgL 438,992,765 349,446,620 395,737,197 338,597,030
Jofh vr{ -6,587,819,129_ -3,973,955,438_ -6,620,744,057_ -3,998,165,438_
sldzg tyf z'Ns vr{ -138,756,585_ -135,450,309_ -127,903,277_ -119,939,703_
sd{rf/L vr{ -1,124,699,685_ -814,945,912_ -1,085,844,188_ -763,035,105_
cGo vr{ -587,861,127_ -602,577,335_ -580,014,297_ -584,064,387_
;+rfng ;DklQ tyf bfloTjsf] kl/jt{g cl3sf] ;~rfng gub k|jfx 2,873,441,062 2,320,474,367 2,728,657,219 2,046,954,808
;+rfng ;DjlGw rfn' ;DklQdf sld÷-j[l4_
g]kfn /fi6« a}+sdf /x]sf] df}Hbft 217,403,664 -2,825,062,867_ 217,403,664 -2,825,062,867_
a}+s tyf ljQLo ;+:yfx?df /x]sf] df}Hbft -1,043,805,000_ 177,405,397 -1,043,805,000_ 177,405,397
cGo Jofkfl/s ;DklQ -48,825,025_ -19,194,459_ -40,326,551_ -11,233,268_
a}+s tyf ljQLo ;+:yfx?nfO{ lbPsf] shf{ tyf ;fk6 -422,122,644_ -942,538,662_ -422,122,644_ -942,538,662_
u|fxsnfO{ lbPsf] shf{ tyf ;fk6 -18,584,802,636_ -9,903,820,604_ -18,584,928,096_ -9,902,200,519_
cGo ;DklQ -755,514,264_ 200,970,643 -774,430,831_ 220,382,502
-20,637,665,905_ -13,312,240,552_ -20,648,209,458_ -13,283,247,417_
;+rfng ;DjlGw rfn' bfloTjdf -sld_÷j[l4
a}+s tyf ljQLo ;+:yfx?nfO{ ltg{ afFsL 1,546,771,581 -2,109,908,648_ 1,546,771,581 -2,109,908,648_
g]kfn /fi6« a}+snfO{ ltg{ afFsL 186,712,881 445,714,039 186,712,881 445,714,039
u|fxssf] lgIf]k 23,807,643,815 12,696,989,396 23,163,774,954 13,643,109,396
C0f tyf ;fk6L ‡ ‡ ‡ ‡
cGo bfloTj 484,928,569 181,751,781 802,212,777 -138,666,694_
cfos/ e'QmfgL cl3sf] sf/f]jf/ ;~rfngaf6 v'b gub k|jfx 8,261,832,002 222,780,384 7,779,919,954 603,955,484
cfos/ e'QmfgL -852,912,530_ -640,314,736_ -829,257,633_ -567,913,868_
sf/f]jf/ ;+rfngaf6 v'b gub k|jfx 7,408,919,472 -417,534,352_ 6,950,662,321 36,041,616
nufgL sf/f]jf/af6 gub k|jfx
lwtf]kq nufgL vl/b -19,327,850,039_ -6,728,543,699_ -19,249,480,439_ -6,571,425,069_
lwtf]kq nufgL lalqmaf6 k|fKtL 12,188,764,324 4,901,969,113 12,188,764,324 4,901,969,113
;DklQ tyf pks/0fx?sf] vl/b -502,774,800_ -221,985,084_ -498,217,605_ -203,213,863_
;DklQ tyf pks/0fx?sf] lalqmaf6 k|fKtL 31,481,322 13,494,873 31,481,322 13,494,873
cd"t{ ;DklQsf] vl/b -3,622,925_ -12,718,372_ -2,803,675_ -12,254,522_
cd"t{ ;DklQsf] laqmLaf6 k|fKtL ‡ ‡ ‡ ‡
nufgL ;DklQsf] (Investment Property) vl/b -19,325,996_ ‡ -19,325,996_ ‡
nufgL ;dklQsf] (Investment Property) ljqmLaf6 k|fKtL 31,111,111 ‡ 31,111,111 ‡
Jofh cfDbfgL ‡ ‡ ‡ ‡
nfef+z cfDbfgL 139,200,013 84,063,127 139,200,013 84,063,127
nufgL sf/f]jf/df v'b gub k|jfx -7,463,016,991_ -1,963,720,042_ -7,379,270,946_ -1,787,366,341_
ljQLo sf/f]jf/af6 gub k|jfx
C0fkq lgisfzgaf6 k|fKtL ‡ ‡ ‡ ‡
C0fkqsf] e'QmfgL ‡ ‡ ‡ ‡
;'/If0f g/flvPsf] ;xfos cfjlBs bfloTj lgisfzgjf6 k|fKtL ‡ ‡ ‡ ‡
;'/If0f g/flvPsf] ;xfos cfjlBs bfloTjsf] e'QmfgL ‡ ‡ ‡ ‡
z]o/ lgisfzgaf6 k|fKtL 879,849,932 2,132,735,676 879,849,932 2,132,735,676
nfef+z vr{ -25,353,112_ -20,000,000_ ‡ ‡
Jofh vr{ ‡ ‡ ‡ ‡
cGo k|fKtL÷e'QmfgL 122,091,505 120,230,167 122,091,505 120,230,167
ljQLo sf/f]jf/af6 v'b gub k|jfx 976,588,325 2,232,965,843 1,001,941,437 2,252,965,843
gub k|jfxdf ePsf] v'b -sdL_÷a[l4
gub tyf gub ;dfgdf /x]sf] z'?jftL df}Hbft 3,592,945,368 3,741,233,919 3,879,880,443 3,378,239,325
gub tyf gub ;dfgdf ljlgdo b/ kl/jt{gsf] c;/ ‡ ‡ ‡ ‡
gub tyf gub ;dfgdf /x]sf] clGtd df}Hbft 4,515,436,174 3,592,945,368 4,453,213,255 3,879,880,443

Notes to the Financial Statements
Year ended 32 Asar, 2075
1. BANK
1.1 General
Siddhartha Bank Limited (hereinafter referred to as “the Bank”) is a limited liability publically listed company domiciled
in Nepal. The registered office of the Bank is situated at Hattisar, Kathmandu, Nepal. The Bank carries out commercial
banking activities and other financial services in Nepal under the license from Nepal Rastra Bank (NRB), the Central Bank
of Nepal, as “Ka Class” (Class A) licensed financial institution.
1.2 Financial Statements

The Financial Statement of Bank for the year ended 16 July, 2018 comprises Statement of Financial Position, Statement
of Profit or Loss, Statement of Other Comprehensive Income, Statement of Changes in Equity, Statement of Cash Flows,
Notes to the Financial Statements, Significant Accounting Policies of the Company and Statement of Changes in Equity
and reconciliation as at the transition date (i.e. 17 July, 2016)
1.3 Principal Activities and Operations

Bank
The principal activities of the Bank are to provide full-fledged commercial banking services including, agency services,
trade finance services, card services and e-commerce products and services and to its customers through its strategic
business units, branches, extension counters, ATMs and network of agents.
Ownership of Subsidiary as at 16th July 2018 is given below:
16th July 15th July

Subsidiary Principal Activities
2018 2017
Siddhartha Capital Management of public offerings, portfolio management, 51% holding 51% holding
Limited underwriting of securities, management of mutual fund schemes
Subsidiary
The principal activities of the Subsidiary are to provide merchant/investment banking services that include management of
public offerings, portfolio management, underwriting of securities, and fund management of mutual fund schemes, depository
participant's service under Central Depository Service (CDS) and administration and record keeping of securities of its
clients.
2. BASIS OF PREPARATION
2.1. Statement of Compliance
The Financial Statement of the Bank which comprises components mentioned above have been prepared in accordance
with Nepal Financial Reporting Standards comprising of Nepal Financial Reporting Standards and Nepal Accounting
Standards (hereafter referred as NFRS), laid down by the Institute of Chartered Accountants of Nepal and in compliance
with the requirements of the Companies Act, 2006. These financial statements are the first NFRS complied financial
statements of the Bank.
2.2. Reporting period and approval of Financial Statements

A) Reporting Period
For all periods up to and including the year ended 16th July 2016, the Bank prepared the financial statements in
accordance with the Nepal Accounting Standards which were effective prior to 16th July 2016. These financial
statements for the year ended 16th July 2018 are the first set of statements the Bank has prepared in accordance with
NFRSs.
These NFRSs are effective from 17th July 2016 and comparatives (year 2017) too were reclassified and re-measured.
Hence the date of transition to NFRSs is 17th July 2016 and beginning of the day, 17th July 2016, balances were
considered.
B) Responsibility for Financial Statements
The Board of Directors is responsible for the preparation and presentation of Financial Statements of Siddhartha Bank
Limited as per the provisions of the Companies Act, 2006.
C) Approval of Financial Statements by Directors
The accompanied Financial Statements have been authorized by the Board of Directors vide its resolution dated 22nd
November 2018 and recommended for its approval by the Annual General Meeting of the shareholders.

2.3. Functional and Presentation Currency
The Financial Statements of the Bank are presented in Nepalese Rupees (Rs), which is the currency of the primary
economic environment in which the Bank operates. Financial information are presented in Nepalese Rupees. There was
no change in Bank’s presentation and functional currency during the year under review.
2.4. Use of Estimates, assumptions and judgements

The preparation of Financial Statements in conformity with Nepal Financial Reporting Standards (NFRS) requires the
management to make judgements, estimates and assumptions that affect the application of accounting policies and the
reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates.
Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized
in the period in which the estimate is revised and in any future periods affected.
The most significant areas of estimation, uncertainty and critical judgements in applying accounting policies that have most
significant effect in the Financial Statements are as follows:
2.4.1 Going Concern

The Directors have made an assessment of the Bank’s ability to continue as a going concern and are satisfied
that it has the resources to continue in business for the foreseeable future. Furthermore, the Board is not aware of
any material uncertainties that may cast significant doubt upon Bank’s ability to continue as a going concern and
they do not intend either to liquidate or to cease operations of it. Therefore, the Financial Statements continue to
be prepared on the going concern basis.
2.4.2 Fair Value of Financial Instruments

Where the fair values of financial assets and financial liabilities recorded in the statement of financial position can
be derived from active markets, they are derived from observable market data. However, if this is not available,
judgement is required to establish fair values. The valuation of financial instruments is described in more detail in
Note 3.4.
2.4.3 Impairment of Financial Assets – Loans and Advances

The Bank reviews its individually significant loans and advances at each statement of financial position date to
assess whether an impairment loss should be recorded in the income statement. In particular, judgement of the
management is required in the estimation of the amount and timing of future cash flows when determining the
impairment loss.
These estimates are based on assumptions about a number of factors and actual results may differ, resulting in
future changes to the impairment allowance.
Loans and advances that have been assessed individually and found to be not impaired and all individually
insignificant loans and advances are then assessed collectively, in groups of assets with similar risk characteristics,
to determine whether provision should be made due to incurred loss events for which there is objective evidence,
but the effects of which are not yet evident. The collective assessment takes in to account data from the loan
portfolio such as levels of arrears, credit quality, portfolio size etc. and judgements based on current economic
conditions.
2.4.4 Impairment of Available for Sale Investments

The Bank reviews its debt securities classified as available for sale, at each reporting date to assess whether
they are impaired. Objective evidence that an available for sale debt security is impaired includes among other
things significant financial difficulty of the issuer, a breach of contract such as a default or delinquency in interest or
principal payments etc. The Bank also records impairment charges on available for sale equity investments where
there is significant or prolonged decline in fair value below their cost. The determination of what is ‘significant’ or
‘prolonged’ requires judgement.
2.4.5 Taxation
The Bank is subject to income tax and judgement is required to determine the total provision for current, deferred
and other taxes due to the uncertainties that exist with respect to the interpretation of the applicable tax laws, at
the time of preparation of these Financial Statements.
Deferred tax assets are recognized in respect of tax losses to the extent that it is probable that future taxable profit
will be available against which the losses can be utilized. Judgement is required to determine the amount of
deferred tax assets that can be recognized, based upon the likely timing and level of future taxable profits,
together with future tax planning strategies.

2.4.6 Defined Benefit Plans
The cost of the defined benefit obligations and the present value of their obligations are determined using actuarial
valuations.
The actuarial valuation involves making assumptions about discount rates, future salary increments, mortality
rates and possible future pension increments if any. Due to the long term nature of these plans, such estimates
are subject to uncertainty. All assumptions are reviewed at each reporting date.
In determining the appropriate discount rate, management considers the interest rates of Nepal government
bonds with maturities corresponding to the expected duration of the defined benefit obligation. The mortality rate
is based on publicly available mortality tables. Future salary increment and pension increment are based on
expected future salary increment rates of the Bank.
2.4.7 Fair Value of Property, Plant and Equipment

The freehold land and buildings of the bank are not reflected at fair value and no revaluation has been carried at
the reporting date. Under NFRS 1, a first-time adopter may elect to use a previous GAAP revaluation of an item
of property, plant and equipment at, or before, the date of transition to NFRSs as deemed cost at the date of the
revaluation, if the revaluation was, at the date of the revaluation, broadly comparable to:
a. Fair value; or
b. Cost or depreciated cost in accordance with NFRSs, adjusted to reflect, for example, changes in a
general or specific price index
2.4.8 Useful Life-time of the Property, Plant and Equipment
The Bank is following the cost model for recognition of Property, Plant and Equipment. The Bank reviews the
residual values, useful lives and methods of depreciation of property, plant and equipment at each reporting
date. Judgement of the management is exercised in the estimation of these values, rates, methods and hence they
are subject to uncertainty.
2.4.9 Commitments and Contingencies
All discernible risks are accounted for in determining the amount of all known liabilities. Contingent liabilities are
possible obligations whose existence will be confirmed only by uncertain future events or present obligations
where the transfer of economic benefit is not probable or cannot be reliably measured. Contingent liabilities are
not recognised in the Statement of Financial Position but are disclosed unless they are remote.
2.4.10 Classification of Investment Properties
Management requires using its judgement to determine whether a property qualifies as an investment property.
The Bank has developed criteria so it can exercise its judgement consistently. A property that is held to earn rentals
or for capital appreciation or both and which generates cash flows largely independently of the other assets
held by the Bank is accounted for as investment properties. On the other hand, a property that is used for
operations or in the process of providing services or for administrative purposes and which do not directly generate
cash flows as a standalone assets are accounted for as property, plant and equipment. The Bank assesses on an
annual basis the accounting classification of its properties taking into consideration the current use of such
properties.
2.5. Changes in Accounting policies
The Bank has changed its accounting policies, wherever required, to ensure compliance with NFRS. Detailed
accounting policies are mentioned in Note 3. The effect of change in accounting policies at the date of transition
has been given to retained earnings (and reserves, if applicable).
2.6. New Standards in issue but not yet effective
There have been amendment to the Standards issued by IASB and applicability of the new Standards have been
notified for IFRS. But, the amendments and new standards become applicable only when ASB-Nepal pronounces
them. The new Standards issued but not yet effective up to the date of issuance of the financial statements are
set out below. The Bank will adopt these standards when they become effective.
(i) IFRS 9- Financial Instruments
IFRS 9 states a logical principle base to classify financial assets and financial liabilities which is driven by cash
flow characteristics and the business model in which an assets or liability is held. Further this standard recommends
the assessment of impairment based on more timely recognition of expected credit losses and entities are
required to account for expected credit losses from the initial recognition of financial instruments and it lowers the
threshold for recognition of full life time expected losses by aligning financial accounting treatment with risk
management activities.
IFRS 9 has become effective from 1 January 2018 and has an effect on classification and measurement of the
Bank’s financial assets. IFRS 9, as issued reflects the first phase of work on replacement of IAS 39 and applies
to classification and measurement of financial assets and liabilities.

(ii) IFRS 15- Revenue from contracts with customers
IFRS 15 replaces IAS 18 Revenue and IAS 11 Construction Contracts. Financial instruments, leases and insurance
contracts are out of scope and so this Standard is not expected to have a significant impact on the Bank. IFRS 15 is
effective for annual periods beginning on or after 1 January 2018.
(iii) IFRS 16- Leases

The IASB issued IFRS 16- Leases to replace IAS 17- Leases. IFRS 16 requires lessees to recognize a right to use
asset and a liability for future payments arising from a lease contract. Accounting requirements for lessor remain
aligned to the current approach under IAS 17. IFRS 16 is effective for annual periods beginning on or after 1 January
2019.
2.7. New Standards and interpretation not adopted

NFRS 1 First- time adoption of Nepal Accounting Standards allows first time adopters certain exemptions from the
retrospective application of certain NFRS.The Bank and has taken the following exemptions on Business Combinations.
Not applied for subsidiaries, which are considered business for NFRS, or in interest in associates and joint ventures
that occurred before 17th July 2016.Use of this exemption means that the NAS carrying amounts of assets and
liabilities, which are required to be recognized under NFRS, is their deemed cost at the date of the acquisition. After
the date of the acquisition, measurement is in accordance with NFRS. Assets and liabilities that do not qualify for
recognition under NFRS are excluded from the opening NFRS statement of financial position.
2.8. Discounting
When the realization of assets and settlement of obligation is for more than one year, the Bank considers the
discounting of such assets and liabilities where the impact is material. Various internal and external factors have been
considered for determining the discount rate to be applied to the cash flows of company.
The Bank has a policy to treat share/debenture issue expenses up to 1% of share/debentures issue price as immaterial
thus the same has not been considered in computation of fair value of share/debenture.
Employee benefits has been determined by considering discount rate as the average yield on government bonds
issued during the period having maturity of five years or more.
3 SIGNIFICANT ACCOUNTING POLICIES

The accounting policies set out below have been applied consistently to all periods presented in these Financial Statements,
nless otherwise indicated.
3.1 Basis of Measurement

The Financial Statements of the Bank have been prepared on the historical cost basis, except for the following material
items in the Statement of Financial Position:
Available for sale investments (quoted) are measured at fair value.
Liabilities for defined benefit obligations are recognized at the present value of the defined benefit obligation less the
fair value of the plan assets.
Financial assets and financial liabilities held at amortized cost at measured using a rate that is a close approximation
of effective interest rate.
3.2 Basis of consolidation

a. Business Combinations and Goodwill
Business combinations are accounted for using the acquisition method as per the requirements of Nepal Financial
Reporting Standard - NFRS 03 (Business Combinations). The Bank measures goodwill as the fair value of the
consideration transferred including the recognized amount of any non-controlling interest in the acquiree, less
the net recognized amount (generally fair value) of the identifiable assets acquired and liabilities assumed, all
measured as of the acquisition date. When the excess is negative, a bargain purchase gain is immediately
recognized in the profit or loss.
The Bank elects on a transaction-by transaction basis whether to measure non-controlling interest at its fair
value, or at its proportionate share of the recognized amount of the identifiable net assets, at the acquisition date.
The consideration transferred does not include amounts related to the settlement of pre-existing relationships.
Such amounts are generally recognized in profit or loss. Transactions costs, other than those associated with the
issue of debt or equity securities, that the Bank incurs in connection with a business combination are expensed
as incurred.

The Bank has applied Exemptions for NFRS 3 as stated in Appendix C as follows:
A first-time adopter may elect not to apply NFRS 3 retrospectively to past business combinations (business
combinations that occurred before the date of transition to NFRSs). However, if a first-time adopter restates any
business combinations to comply with NFRS 3 it shall restate all later business combinations and shall also apply
NFRS 10 from that same date.
b. Non-Controlling Interest (NCI)

The group presents non-controlling interests in its consolidated statement of financial position within equity,
separately from the equity of the owners of the parent. The group attributes the profit or loss and each component
of other comprehensive income to the owners of the parent and to the non-controlling interests. The proportion
allocated to the Siddhartha Bank and non-controlling interests are determined on the basis of present ownership
interests.
The group also attributes total comprehensive income to the owners of the Bank and to the non-controlling
interests even if this results in the non-controlling interests having a deficit balance.
c. Subsidiaries
Subsidiaries are entities that are controlled by the Bank. The Bank is presumed to control an investee when it is
exposed or has rights to variable returns from its involvement with the investee and has the ability to affect those
returns through its power over the investee. At each reporting date the Bank reassesses whether it controls an
investee if facts and circumstances indicate that there are changes to one or more elements of control mentioned
above.
The Financial Statements of Subsidiaries are fully consolidated from the date on which control is transferred
to the Bank and continue to be consolidated until the date when such control ceases. The Financial Statements
of the Bank’s Subsidiaries are prepared for the same reporting year as per the Bank, using consistent accounting
policies.
The acquired identifiable assets, liabilities are measured at their cost at the date of acquisition. After the initial
measurement, the Bank continues to recognize the investments in subsidiaries at cost.
This Subsidiary of the Bank has been incorporated in Nepal.
d. Loss of Control
When the Bank loses control over a Subsidiary, it derecognizes the assets and liabilities of the former subsidiary
from the consolidated statement of financial position. The Bank recognizes any investment retained in the former
subsidiary at its fair value when control is lost and subsequently accounts for it and for any amounts owed by or
to the former subsidiary in accordance with relevant NFRSs. That fair value shall be regarded as the fair value
on initial recognition of a financial asset in accordance with relevant NFRS or, when appropriate, the cost on initial
recognition of an investment in an associate or joint venture. The Bank recognizes the gain or loss associated
with the loss of control attributable to the former controlling interest.
e. Special Purpose Entity (SPE)

An entity may be created to accomplish a narrow and well-defined objective (e.g. to effect a lease, research
and development activities or a securitization of financial assets). Such a special purpose entity (‘SPE’) may take
the form of a corporation, trust, partnership or unincorporated entity. SPEs often are created with legal
arrangements that impose strict and sometimes permanent limits on the decision-making powers of their
governing board, trustee or management over the operations of the SPE. Examples of SPEs include entities set
up to effect a lease, a securitization of financial assets, or R&D activities. Nepal Financial Reporting Standard
10 - Consolidated Financial Statement is applicable in relation to consolidation of special purpose entity.
The Bank does not have any special purpose entity.
f. Transaction elimination on consolidation

In consolidating a subsidiary, the group eliminates full intra-group assets and liabilities, equity, income, expenses
and cash flows relating to transactions between the subsidiary and the bank (profits or losses resulting from intra-
group transactions that are recognized in assets, such as inventory and fixed assets, are eliminated in full).

3.3 Cash and cash equivalents
Cash and Cash Equivalents include cash in hand, balances with banks and money at call and at short notice.
These are subject to insignificant risk of changes in their fair value and are used by the Bank in the management
of short term commitments.
Details of the Cash and Cash Equivalents are given in Note 4.1 to the Financial Statements.
3.4 Financial assets and Financial Liabilities

3.4.1 Initial Recognition
a. Date of Recognition
All financial assets and liabilities are initially recognized on the trade date, i.e. the date on which the Bank
becomes a party to the contractual provisions of the instrument. This includes ‘regular way trades’. Regular
way trade means purchases or sales of financial assets that required delivery of assets within the time frame
generally established by regulation or convention in the market place.
b. Recognition and Initial Measurement of Financial Instruments

The classification of financial instruments at the initial recognition depends on their purpose and characteristics
and the management’s intention in acquiring them. All financial instruments are measured initially at their fair
value plus transaction costs that are directly attributable to acquisition or issue of such financial instruments
except in the case of such financial assets and liabilities at fair value through profit or loss, as per the Nepal
Accounting Standard - NAS 39 (Financial Instruments: Recognition and Measurement). Transaction costs in
relation to financial assets and financial liabilities at fair value through profit or loss are dealt with the Statement
of Profit or Loss.
3.4.2 Classification and Subsequent Measurement of Financial Instruments

Classification and Subsequent Measurement of Financial Assets
At the inception, a financial asset is classified into one of the following:
(a) Financial assets at fair value through profit or loss
i. Financial assets held for trading
ii. Financial assets designated at fair value through profit or loss
(b) Held to Maturity Financial Assets
(c) Loans and Receivables
(d) Financial assets available for sale
The subsequent measurement of financial assets depends on their classification.
(a) Financial Assets at Fair Value through Profit or Loss

A financial asset is classified as fair value through profit or loss if it is held for trading or is designated at
fair value through profit or loss.
(i) Financial Assets Held for Trading

Financial assets are classified as held for trading if they are acquired principally for the purpose of selling
or repurchasing in the near term or holds as a part of a portfolio that is managed together for short-term
profit or position taking. This category also includes derivative financial instruments entered into by
Bank that are not designated as hedging instruments in hedge relationships as defined by Nepal
Accounting Standards (NAS) 39 “Financial Instruments: Recognition and Measurement”.
Financial assets held for trading are recorded in the Statement of Financial Position at fair value. Changes
in fair value are recognized in ‘Net trading income’. Dividend income is recorded in ‘Net trading income’
when the right to receive the payment has been established.
Bank evaluates its held for trading asset portfolio, other than derivatives, to determine whether the
intention to sell them in the near future is still appropriate. When Bank is unable to trade these financial
assets due to inactive markets and management’s intention to sell them in the foreseeable future
significantly changes, the Bank may elect to reclassify these financial assets. Financial assets held
for trading include instruments such as government securities and equity instruments that have been
acquired principally for the purpose of selling or repurchasing in the near term.

(ii) Financial Assets Designated at Fair Value through Profit or Loss
Bank designates financial assets at fair value through profit or loss in the following circumstances:
Such designation eliminates or significantly reduces measurement or recognition inconsistency that
would otherwise arise from measuring the assets.
The assets are part of a group of Financial assets, financial liabilities or both, which are managed and
their performance evaluated on a fair value basis, in accordance with a documented risk management
or investment strategy.
The assets contain one or more embedded derivatives that significantly modify the cash flows that would
otherwise have been required under the contract.
Financial assets designated at fair value through profit or loss are recorded in the Statement of Financial
Position at fair value. Changes in fair value are recorded in ‘Net gain or loss on financial instruments designated
at fair value through profit or losses’ in the Statement of Profit or Loss. Interest earned is accrued under
‘Interest income’, using the effective interest rate method, while dividend income is recorded under ‘Other
operating income’ when the right to receive the payment has been established.
The Bank has not designated any financial assets upon initial recognition as designated at fair value through
profit or loss.
(b) Held to Maturity Financial Assets
Held to Maturity Financial Assets are non-derivative financial assets with fixed or determinable payments and
fixed maturities which the Bank has the intention and ability to hold to maturity. After the initial measurement, held
to maturity financial investments are subsequently measured at amortized cost using the effective interest rate,
less impairment. The amortization is included in ‘Interest income’ in the Statement of Profit or Loss. The losses
arising from impairment of such investments are recognized in the Statement of Profit or Loss.
(c) Loans and Advances from Customers
Loans and Advances mainly represent loans and advances to customers, Banking and Financial Institutions. After
initial measurement, loans and receivables are subsequently measured at amortized cost using a rate that closely
approximates effective interest rate, less allowance for impairment. Within this category, loans and advances to
the customers have been recognized at amortized cost using the method that very closely approximates effective
interest rate method. The amortization is included in ‘Interest Income’ in the Statement of Profit or Loss. The
losses arising from impairment are recognized in ‘Impairment charge / reversal for loans and other losses’ in the
Statement of Profit or Loss.
(d) Financial Assets Available for Sale
Available for sale financial assets include equity and debt securities. Equity Investments classified as ‘Available
for Sale’ are those which are neither classified as ‘Held for Trading’ nor ‘Designated at fair value through profit or
loss’. Debt securities in this category are intended to be held for an indefinite period of time and may be sold in
response to needs for liquidity or in response to changes in the market conditions.
After initial measurement, available for sale financial investments are subsequently measured at fair value.
Unrealized gains and losses are recognized directly in equity through ‘Other comprehensive income / expense’
in the ‘Available for sale reserve’. When the investment is disposed of the cumulative gain or loss previously
recognized in equity is recognized in the Statement of Profit or Loss under ‘Other operating income’. Where Bank
holds more than one investment in the same security, they are deemed to be disposed of on a first-in-first-out
basis. Interest earned whilst holding ‘Available for sale financial investments’ is reported as ‘Interest income’
using the effective interest rate. Dividend earned whilst holding ‘Available for sale financial investments’ are
recognized in the Statement of Profit or Loss as ‘other operating income’ when the right to receive the payment
has been established. The losses arising from impairment of such investments are recognized in the Statement
of Profit or Loss under ‘Impairment charge for loans and other losses’ and removed from the ‘Available for sale
reserve’.
Financial assets under AFS that are monetary securities denominated in a foreign currency – translation
differences related to changes in the amortized cost of the security are recognized in income statement and
other changes in the carrying amount are recognized in other comprehensive income.
In the normal course of business, the fair value of a financial instrument on initial recognition is the transaction
price (that is, the fair value of the consideration given or received). In certain circumstances, however, the fair
value will be based on other observable current market transactions in the same instrument, without modification
or repackaging, or on a valuation technique whose variables include only data from observable markets, such
as interest rate yield, option volatilities and currency rates. When such evidence exists, the Bank recognizes a
trading gain or loss on inception of the financial instrument, being the difference between the transaction price
and fair value.

When unobservable market data have a significant impact on the valuation of financial instruments, the entire
initial difference in fair value from the transaction price as indicated by the valuation model is not recognized
immediately in the income statement. Instead, it is recognized over the life of the transaction on an appropriate
basis, when the inputs become observable, the transaction matures or is closed out, or when the Bank enters
into an offsetting transaction.
Classification and Subsequent Measurement of Financial Liabilities
At the inception, Bank determines the classification of its financial liabilities. Accordingly financial liabilities are
classified as:
(a) Financial liabilities at fair value through profit or loss
i. Financial liabilities held for trading
ii. Financial liabilities designated at fair value through profit or loss
(b) Financial liabilities at amortized cost
(a) Financial Liabwilities at Fair Value through Profit or Loss
Financial Liabilities at fair value through profit or loss include financial liabilities held for trading and
financial liabilities designated upon initial recognition as fair value through profit or loss. Subsequent to
initial recognition, financial liabilities at fair value through profit or loss are measured at fair value and
changes therein are recognized in profit or loss.
(i) Financial Liabilities Held for Trading
Financial liabilities are classified as held for trading if they are acquired principally for the purpose of
selling or repurchasing in the near term or holds as a part of a portfolio that is managed together for
short-term profit or position taking. This category includes derivative financial instrument entered into
by Bank that are not designated as hedging instruments in hedge relationships as defined by Nepal
Accounting Standard - NAS 39 (Financial Instruments: Recognition and Measurement).
(ii) Financial Liabilities Designated at Fair Value through Profit or Loss

Bank designates financial liabilities at fair value through profit or loss at following circumstances:
Such designation eliminates or significantly reduces measurement or recognition inconsistency

that would otherwise arise from measuring the liabilities.
The liabilities are part of a group of Financial assets, financial liabilities or both, which are
managed and their performance evaluated on a fair value basis, in accordance with a
documented risk management or investment strategy.
The liability contains one or more embedded derivatives that significantly modify the cash flows
that would otherwise have been required under the contract.
(b) Financial Liabilities At Amortized Cost
Financial instruments issued by Bank that are not classified as fair value through profit or loss are
classified as financial liabilities at amortized cost, where the substance of the contractual arrangement
results in Bank having an obligation either to deliver cash or another financial asset to another Bank, or
to exchange financial assets or financial liabilities with another Bank under conditions that are potentially
unfavorable to the Bank or settling the obligation by delivering variable number of Bank’s own equity
instruments.
After initial recognition, such financial liabilities are subsequently measured at amortized cost using the
effective interest rate method. Within this category, deposits and debt instruments with fixed maturity
period have been recognized at amortized cost using the method that very closely approximates
effective interest rate method. The amortization is included in ‘Interest Expenses’ in the Statement of
Profit or Loss. Gains and losses are recognized in the Statement of Profit or Loss when the liabilities are
derecognized.
3.4.3. Reclassification of Financial Instruments

(a) Reclassification of Financial Instruments ‘At fair value through profit or loss’,
Bank does not reclassify derivative financial instruments out of the fair value through profit or loss category when
it is held or issued.
Non-derivative financial instruments designated at fair value through profit or loss upon initial recognition are not
reclassified subsequently out of fair value through profit or loss category.
Bank may, in rare circumstances reclassify financial instruments out of fair value through profit or loss category
if such instruments are no longer held for the purpose of selling or repurchasing in the near term notwithstanding
that such financial instruments may have been acquired principally for the purpose of selling or repurchasing in
the near term. Financial assets classified as fair value through profit or loss at the initial recognition which would
have also met the definition of ‘Loans and Receivables’ as at that date is reclassified out of the fair value through
profit or loss category only if Bank has the intention and ability to hold such asset for the foreseeable future or
until maturity.

The fair value of financial instruments at the date of reclassification is treated as the new cost or amortized cost
of the financial instrument after reclassification. Any gain or loss already recognized in respect of the reclassified
financial instrument until the date of reclassification is not reversed to the Statement of Profit or Loss.
If a financial asset is reclassified, and if Bank subsequently increases its estimates of the future cash receipts as a
result of increased recoverability of those cash receipts, the effect of that increase is recognized as an adjustment
to the effective interest rate from the date of the change in estimate rather than an adjustment to the carrying
amount of the asset at the date of change in estimate.
(b) Reclassification of ‘Available for sale’ Financial Instruments

Bank may reclassify financial assets out of available for sale category as a result of change in intention or ability
or in rare circumstances that a reliable measure of fair value is no longer available.
A financial asset classified as available for sale that would have met the definition of loans and receivables at the
initial recognition may be reclassified out of available for sale category to the loans and receivables category if
Bank has the intention and ability to hold such asset for the foreseeable future or until maturity.
The fair value of financial instruments at the date of reclassification is treated as the new cost or amortized cost of
the financial instrument after reclassification. Difference between the new amortized cost and the maturity value
is amortized over the remaining life of the asset using the effective interest rate. Any gain or loss already
recognized in Other Comprehensive Income in respect of the reclassified financial instrument is accounted as
follows:
i) Financial assets with fixed maturity :

Gain or loss recognized up to the date of reclassification is amortized to profit or loss over the remaining
life of the investment using the effective interest rate. If the financial asset is subsequently impaired, any
previous gain or loss that has been recognized in other comprehensive income is reclassified from equity
to profit or loss.
ii) Financial assets without fixed maturity :

Gain or loss recognized up to the date of reclassification is recognized in profit or loss only when the
financial asset is sold or otherwise disposed of. If the financial asset is subsequently impaired, any
previous gain or loss that has been recognized in other comprehensive income is reclassified from equity
to profit or loss.
If a financial asset is reclassified, and if Bank subsequently increases its estimates of future cash receipts as a
result of increased recoverability of those cash receipts, the effect of that increase is recognized as an adjustment
to the effective interest rate from the date of the change in estimate rather than an adjustment to the carrying
amount of the asset at the date of change in estimate.
(c) Reclassification of ‘Held to Maturity’ Financial Instruments

As a result of a change in intention or ability, if it is no longer appropriate to classify an investment as held to
maturity, Bank may reclassify such financial assets as available for sale and re-measured at fair value. Any
difference between the carrying value of the financial asset before reclassification and fair value is recognized in
equity through other comprehensive income.
However, if Bank were to sell or reclassify more than an insignificant amount of held to maturity investments before
maturity [other than in certain specific circumstances permitted in Nepal Accounting Standard - NAS 39 (Financial
Instruments: Recognition and Measurement)], the entire category would be tainted and would have to be
reclassified as ‘Available for sale’. Furthermore, Bank would be prohibited from classifying any financial assets as
‘Held to Maturity’ during the following two years. These reclassifications are at the election of management and
determined on an instrument by instrument basis.
3.4.4. De-recognition of Financial Assets and Liabilities

(a) De-recognition of Financial Assets
Bank derecognizes a financial asset (or where applicable a part of financial asset or part of a group of similar
financial assets) when:
The rights to receive cash flows from the asset have expired; or

Bank has transferred its rights to receive cash flows from the asset or
Bank has assumed an obligation to pay the received cash flows in full without material delay to a third
party under a ‘pass-through’ arrangement and either Bank has transferred substantially all the risks and
rewards of the asset or it has neither transferred nor retained substantially all the risks and rewards of
the asset, but has transferred control of the asset.
On de-recognition of a financial asset, the difference between the carrying amount of the asset (or the carrying
amount allocated to the portion of the asset derecognized) and the sum of the consideration received (including
any new asset obtained less any new liability assumed) and any cumulative gain or loss that had been recognized
in other comprehensive income is recognized in profit or loss.
When Bank has transferred its rights to receive cash flows from an asset or has entered into a pass-through
arrangement and has neither transferred nor retained substantially all of the risks and rewards of the asset nor
transferred control of the asset, the asset is recognized to the extent of the Bank’s continuing involvement in the
asset. In that case, Bank also recognizes an associated liability. The transferred asset and the associated liability
are measured on a basis that reflects the rights and obligations that Bank has retained.
When Bank’s continuing involvement that takes the form of guaranteeing the transferred asset, the extent of
the continuing involvement is measured at the lower of the original carrying amount of the asset and the maximum
amount of consideration received by the Bank that the Bank could be required to repay.
When securities classified as available for sale are sold, the accumulated fair value adjustments recognized in
other comprehensive income are reclassified to income statement as gains and losses from investment securities.
(b) De-recognition of Financial Liabilities

A financial liability is derecognized when the obligation under the liability is discharged or cancelled or expired.
Where an existing financial liability is replaced by another from the same lender on substantially different terms
or the terms of an existing liability are substantially modified, such an exchange or modification is treated as de-
recognition of the original liability and the recognition of a new liability.
The difference between the carrying value of the original financial liability and the consideration paid is recognized
in profit or loss.
(c) Repurchase and Reverse Repurchase Agreements
Securities sold under agreement to repurchase at a specified future date are not de-recognized from the Statement
of Financial Position as the Bank retains substantially all of the risks and rewards of ownership. The corresponding
cash received is recognized in the Statement of Financial Position as a liability with a corresponding obligation
to return it, including accrued interest under ‘Securities sold under repurchase agreements’, reflecting the
transaction’s economic substance to the Bank. The difference between the sale and repurchase prices is treated
as interest expense and is accrued over the life of the agreement using the effective interest rate. When the
bank has the right to sell or re-pledge the securities, the Bank reclassifies those securities in its Statement
of Financial Position as ‘Financial assets held for trading pledged as collateral' or ‘Financial assets available for
sale pledged as collateral', as appropriate.
Conversely, securities purchased under agreements to resell at future date are not recognized in the Statement
of Financial Position. The consideration paid,including accrued interest, is recorded in the Statement of Financial
Position, under “Reverse repurchase agreements’ reflecting the transaction’s economic substance to the Bank.
The difference between the purchase and resale prices is recorded as ‘Interest income’ and is accrued over the
life of the agreement using the effective interest rate. If securities purchased under agreement to resell are
subsequently sold to third parties, the obligation to return the securities is recorded as a short sale within ‘Financial
liabilities held for trading’ and measured at fair value with any gains or losses included in ‘Net trading income’.
3.4.5. Offsetting of Financial Instruments
Financial assets and financial liabilities are offset and the net amount presented in the Statement of Financial
Position when and only when Bank has a legal right to set off the recognized amounts and it intends either to
settle on a net basis or to realize the asset and settle the liability simultaneously. Income and expenses are
presented on a net basis only when permitted under NFRSs or for gains and losses arising from a group of similar
transaction such as in trading activity.
3.4.6. Amortized Cost Measurement

The Amortized cost of a financial asset or liability is the amount at which the financial asset or liability is measured at
initial recognition, minus principal repayments, plus or minus the cumulative amortization using the effective interest
method of any difference between the initial amount recognized and the maturity amount, minus any reduction for
impairment.

3.4.7. Fair Value Measurement
‘Fair value’ is the price that would be received to sell an asset or paid to transfer a liability (exit price) in an orderly
transaction between market participants at the measurement date in the principal or, in its absence, the most
advantageous market to which the Bank has access at that date. The fair value of liability reflects its non-
performance risk. When available, the Bank measures the fair value of an instrument using the quoted price in
an active market for that instrument (Level 01 valuation). A market is regarded as active if transactions for the
asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing basis
on an arm’s length basis.
If there is no quoted price in an active market, then the Bank uses valuation techniques that maximize the use
of relevant observable inputs and minimize the use of unobservable inputs. The chosen valuation technique
incorporates all of the factors that market participants would take into account in pricing a transaction.Valuation
techniques include using recent arm’s length transactions between knowledgeable, willing parties (if available),
reference to the current fair value of other instruments that are substantially the same, discounted cash flow
analysis and option pricing models. Inputs to valuation techniques reasonably represent market expectations and
measures of the risk-return factors inherent in the financial instrument. The Bank calibrates valuation techniques
and tests them for validity using prices from observable current market transactions in the same instrument
or based on other available observable market data. Assets and long positions are measured at a bid price;
liabilities and short positions are measured at an ask price. Where the Bank has positions with offsetting risks,
mid-market prices are used to measure the offsetting risk positions and a bid or asking price adjustment is applied
only to net open position as appropriate.
The best evidence of the fair value of a financial instrument at initial recognition is normally the transaction price
i.e. the fair value of the consideration given or received. If the Bank determines that the fair value at initial
recognition differs from the transaction price and the fair value is evidenced neither by a quoted price in an active
market for an identical asset or liability (Level 01 valuation) nor based on a valuation technique that uses only data
from observable markets (Level 02 valuation), then the financial instrument is initially measured at fair value,
adjusted to defer the difference between the fair value at initial recognition and the transaction price. Subsequently,
that difference is recognized in profit or loss on an appropriate basis over the life of the instrument but not later
than when the valuation is wholly supported by observable market data or the transaction is closed out.
Fair values reflect the credit risk of the instrument and include adjustments to take account of the credit risk of the
Bank entity and the counterparty where appropriate. Fair value estimates obtained from models are adjusted for
any other factors, such as liquidity risk or model uncertainties; to the extent that the Bank believes a third-party
market participant would take them into account in pricing a transaction.
The fair value of a demand deposit is not less than the amount payable on demand, discounted from the first date
on which the amount could be required to be paid.
A fair value measurement of a non-financial asset takes into account a market participant’s ability to generate
economic benefits by using the asset in its highest best use or by selling it to another market participant that would
use the asset in its highest and best use.
The Bank recognizes transfers between levels of the fair value hierarchy as of the end of the reporting period
during which the change has occurred.
3.4.8. Impairment of Financial Assets

Bank assesses at each reporting date, whether there is any objective evidence that a financial asset or group of
financial assets not carried at fair value through profit or loss is impaired. A financial asset or group of financial
assets is deemed to be impaired if and only if there is objective evidence of impairment as a result of one or more
events, that have occurred after the initial recognition of the asset (an ‘incurred loss event’) and that loss event
(or events) has an impact on the estimated future cash flows of the financial asset or group of financial assets that
can be reliably estimated.
Evidence of impairment may include: indications that the borrower or a group of borrowers is experiencing
significant financial difficulty; the probability that they will enter bankruptcy or other financial reorganization;
default or delinquency in interest or principal payments; and where observable data indicates that there is
a measurable decrease in the estimated future cash flows, such as changes in arrears or economic conditions that
correlate with defaults.
(a) Impairment of Financial Assets carried at Amortized Cost

For financial assets carried at amortized cost, such as amounts due from banks, held to maturity investments etc.,

Bank first assesses individually whether objective evidence of impairment exists for financial assets that are
individually significant or collectively for financial assets that are not individually significant. In the event Bank
determines that no objective evidence of impairment exists for an individually assessed financial asset, it includes
the asset in a group of financial assets with similar credit risk characteristics such as collateral type, past due
status and other relevant factors and collectively assesses them for impairment. However, assets that are
individually assessed for impairment and for which an impairment loss is or continues to be recognized are not
included in a collective assessment of impairment.
If there is an objective evidence that an impairment loss has been incurred, the amount of the loss is measured as
the difference between the assets’ carrying amount and the present value of estimated future cash flows (excluding
future expected credit losses that have not yet been incurred). The carrying amount of the asset is reduced
through the use of an allowance account and the amount of the loss is recognized in the income statement.
Interest income continues to be accrued on the reduced carrying amount and is accrued using the rate of interest
used to discount the future cash flows for the purpose of measuring the impairment loss.
If a loan has a variable interest rate, the discount rate for measuring any impairment loss is the current rate
that closely approximates effective interest rate. If the Bank has reclassified trading assets to loans and advances,
the discount rate for measuring any impairment loss is the new rate that closely approximates effective interest rate
determined at the reclassification date. The calculation of the present value of the estimated future cash flows of a
collateralized financial asset reflects the cash flows that may result from foreclosure less costs for obtaining and
selling the collateral, whether or not foreclosure is probable.
(a) (i) IndividuallyAssessed Financial Assets

The criteria used to determine whether there is objective evidence of impairment include and not limited to:
Known Cash Flow difficulties experienced by the borrowers:
Past due contractual payments of either principal or interest;
Breach of loan covenants or conditions;
The probability that the borrower will enter bankruptcy or other financial reorganization; and
A significant downgrading in credit rating by an external credit rating agency.
If there is objective evidence that an impairment loss on financial assets measured at amortized cost has been
incurred, the amount of the loss is measured by discounting the expected future cash flows of a financial asset at
its original effective interest rate and comparing the resultant present value with the financial asset’s current
carrying amount. The impairment allowances on individually significant accounts are reviewed more regularly when
circumstances require. This normally encompasses re-assessment of the enforceability of any collateral held
and the timing and amount of actual and anticipated receipts. Individually assessed impairment allowances are
only released when there is reasonable and objective evidence of reduction in the established loss estimate.
Interest on impaired assets continues to be recognized through the unwinding of the discount.
Loans together with the associated allowance are written off when there is no realistic prospect of future recovery
and all collateral has been realized or has been transferred to the Bank. If, in a subsequent year, the amount
of the estimated impairment loss increases or decreases because of an event occurring after the impairment was
recognized, the previously recognized impairment loss is increased or reduced by adjusting the allowance
account. If a future write off is later recovered, the recovery is credited to the impairment charges for loans and
other losses.
When impairment losses are determined for those financial assets where objective evidence of impairment exists,
the following common factors are considered:
Bank’s aggregate exposure to the customer;
The viability of the customer’s business model and their capacity to trade successfully out of financial
difficulties and generate sufficient cash flows to service debt obligations;
The amount and timing of expected receipts and recoveries;
The extent of other creditors‘ commitments ranking ahead of, or pari-pasu with the Bank and the likelihood
of other creditors continuing to support the company;
The realizable value of security and likelihood of successful repossession;
(a)(ii) Collectively Assessed Financial Assets

Impairment is assessed on a collective basis in two circumstances:
To cover losses which have been incurred but have not yet been identified on loans subject to individual
assessment; and

For homogeneous groups of loans that are not considered individually significant.
Incurred but not yet identified impairment

Individually assessed financial assets for which no evidence of loss has been specifically identified on an
individual basis are grouped together according to their credit risk characteristics for the purpose of calculating
an estimated collective loss. This reflects impairment losses that the bank has incurred as a result of events
occurring before the reporting date, which the Bank is not able to identify on an individual loan basis and that
These losses will only be individually identified in the future. As soon as information becomes available which
identifies losses on individual financial assets within the group, those financial assets are removed from the group
and assessed on an individual basis for impairment.
The collective impairment allowance is determined after taking into account:

Historical Loss Experience in portfolios of similar credit risk; and
Management’s experienced judgement as to whether current economic and credit conditions are such
that the actual level of inherent losses at the reporting date is like to be greater or less than that suggested
by historical experience.
Homogeneous groups of Financial Assets

Statistical methods are used to determine impairment losses on a collective basis for homogenous groups of financial
assets. Losses in these groups of financial assets are recorded on an individual basis when individual financial assets
are written off, at which point they are removed from the group.
Bank uses the following method to calculate historical loss experience on collective basis:
After grouping of loans on the basis of homogeneous risks, the Bank uses net flow rate method. Under this
methodology, the movement in the outstanding balance of customers into default categories over the periods is used to
estimate the amount of financial assets that will eventually be irrecoverable, as a result of the events occurring before
the reporting date which the Bank is not able to identify on an individual loan basis.
Under this methodology, loans are grouped into ranges according to the number of days in arrears and statistical
analysis is used to estimate the likelihood that loans in each range will progress through the various stages of
delinquency and ultimately prove irrecoverable.
Current economic conditions and portfolio risk factors are also evaluated when calculating the appropriate level of
allowance required to cover inherent loss. These additional macro and portfolio risk factors may include:
Recent loan portfolio growth and product mix
Unemployment rates
Gross Domestic Production (GDP)Growth
Inflation
Interest rates
Changes in government laws and regulations
Property prices
Payment status
But, the amount of provision to be created against Loans and Advances shall be higher of the following two amounts:
i) Impairment calculated as per Impairment Assessment Methodology as described above or,
ii) Loan Loss Provision calculated as per the provisions of Unified Directives issued by Nepal Rastra Bank.
(a) (iii) Reversal of Impairment

If the amount of an impairment loss decreases in a subsequent period and the decrease can be related objectively
to an event occurring after the impairment was recognized, the excess is written back by reducing the financial
asset impairment allowance account accordingly. The write-back is recognized in the Statement of Profit or Loss.

(a) (iv) Write-off of Financial Assets Carried At Amortized Cost
Financial assets (and the related impairment allowance accounts) are normally written off either partially or in full,
when there is no realistic prospect of recovery. Where financial assets are secured, this is generally after receipt
of any proceeds from the realization of security.
(a) (v) Impairment of Rescheduled Loans and Advances
Where possible, the Bank seeks to restructure loans rather than to take possession of collateral. This may involve
extending the payment arrangements and the agreement of new loan conditions. Once the terms have been
renegotiated, any impairment is measured using the original EIR as calculated before the modification of terms
and the loan is no longer considered past due. Management continually reviews renegotiated loans to ensure that
all criterias are met and that future payments are likely to occur. The loans continue to be subject to an individual
or collective impairment assessment, calculated using the loan’s original effective interest rate (EIR).
(a) (vi) Collateral Valuation
The Bank seeks to use collateral, where possible, to mitigate its risks on financial assets. The collateral comes in
various forms such as cash, securities, letters of credit/guarantees, real estate, receivables, inventories, other
non-financial assets and credit enhancements such as netting agreements. The fair value of collateral is generally
assessed, at a minimum, at inception and based on the guidelines issued by the Nepal Rastra Bank. Non-financial
collateral, such as real estate, is valued based on data provided by third parties such as independent valuator and
audited financial statements.
(a) (vii) Collateral Legally Repossessed or Where Properties have devolved to the Bank
Legally Repossessed Collateral represents Non-Financial Assets acquired by the Bank in settlement of the overdue
loans. The assets are initially recognized at fair value when acquired. The Bank’s policy is to determine whether
a repossessed asset is best used for its internal operations or should be sold. The proceeds are used to reduce or
repay the outstanding claim. The immovable property acquired by foreclosure of collateral from defaulting
customers, or which has devolved on the Bank as part settlement of debt, has not been occupied for business use.
Although these assets represent Legally Repossessed Collaterals, these assets are shown under “Investment
Property.”
(b) Impairment of Financial Assets – Available for Sale

For available for sale financial investments, Bank assesses at each reporting date whether there is objective
evidence that an investment is impaired.
In the case of debt instruments, Bank assesses individually whether there is objective evidence of impairment
based on the same criteria as financial assets carried at amortized cost. However, the amount recorded for
impairment is the cumulative loss measured as the difference between the amortized cost and the current fair
value, less any impairment loss on that investment previously recognized in the Income Statement. Future interest
income is based on the reduced carrying amount and is accrued using the rate of interest used to discount the
future cash flows for the purpose of measuring the impairment loss. If, in a subsequent period, the fair value of
a debt instrument increases and the increase can be objectively related to a credit event occurring after the
impairment loss was recognized, the impairment loss is reversed through the Income Statement.
In the case of equity investments classified as available for sale, objective evidence would also include a
‘significant’ or ‘prolonged’ decline in the fair value of the investment below its cost. Where there is evidence
of impairment, the cumulative loss measured as the difference between the acquisition cost and the current fair
value, less any impairment loss on that investment previously recognized in profit or loss is removed from equity
and recognized in the Statement of profit or loss. However, any subsequent increase in the fair value of an
impaired available for sale equity security is recognized in other comprehensive income.
Bank writes-off certain available for sale financial investments when they are determined to be uncollectible.
3.5 Trading Assets

One of the categories of financial assets at fair value through profit or loss is “held for trading” financial assets. All
financial assets acquired or held for the purpose of selling in the short term or for which there is a recent pattern of short
term profit taking are trading assets.
3.6 Derivative assets and derivative liabilities

A derivative is a financial instrument whose value changes in response to the change in an underlying variable such
as an interest rate, commodity or security price, or index; that requires no initial investment, or one that is smaller than
that would be required for a contract with similar response to changes in market factors; and that is settled at a future
date.

Forward contracts are the contracts to purchase or sell a specific quantity of a financial instrument, a commodity, or a
foreign currency at a specified price determined at the outset, with delivery or settlement at a specified future date.
Settlement is at maturity by actual delivery of the item specified in the contract, or by a net cash settlement.
All freestanding contracts that are considered derivatives for accounting purposes are carried at fair value on the
statement of financial position regardless of whether they are held for trading or non-trading purposes. Changes in fair
value of derivatives held for trading are included in net gains/ (losses) from financial instruments in fair value through
profit or loss.
3.7 Property, Plant and Equipment

Recognition
Property, plant and equipment are tangible items that are held for use in the production or supply of services, for
rental to others or for administrative purposes and are expected to be used during more than one period. The Bank
applies the requirements of the Nepal Accounting Standard - NAS 16 (Property, Plant and Equipment) in accounting for
these assets. Property, plant and equipment are recognized if it is probable that future economic benefits associated
with the asset will flow to the entity and the cost of the asset can be reliably measured.
Measurement
An item of property, plant and equipment that qualifies for recognition as an asset is initially measured at its cost. Cost
includes expenditure that is directly attributable to the acquisition of the asset and cost incurred subsequently to add to,
replace part of an item of property, plant & equipment. The cost of self-constructed assets include the cost of materials
and direct labor, any other costs directly attributable to bringing the assets to a working condition for its intended use
and the costs of dismantling and removing the items and restoring the site on which they are located. Purchased
software that is integral to the functionality of the related equipment is capitalized as part of computer equipment. When
parts of an item of property or equipment have different useful lives, they are accounted for as separate items (major
components) of property, plant and equipment.
Cost Model
Property and equipment is stated at cost excluding the costs of day–to–day servicing, less accumulated depreciation
and accumulated impairment in value. Such cost includes the cost of replacing part of the equipment
if the recognition criterias are met.
Revaluation Model
The Bank has not applied the revaluation model to any class of freehold land and buildings or other assets. Such
properties are carried at a previously recognized GAAP Amount.
On revaluation of an asset, any increase in the carrying amount is recognized in ‘Other comprehensive income’ and
accumulated in equity, under capital reserve or used to reverse a previous revaluation decrease relating to the same
asset, which was charged to the Statement of Profit or Loss. In this circumstance, the increase is recognized as income
to the extent of previous write down. Any decrease in the carrying amount is recognized as an expense in the Statement
of Profit or Loss or debited to the Other Comprehensive income to the extent of any credit balance existing in the
capital reserve in respect of that asset.
The decrease recognized in other comprehensive income reduces the amount accumulated in equity under capital
reserves. Any balance remaining in the revaluation reserve in respect of an asset is transferred directly to retained
earnings on retirement or disposal of the asset.
Subsequent Cost
The subsequent cost of replacing a component of an item of property, plant and equipment is recognized in the
carrying amount of the item, if it is probable that the future economic benefits embodied within that part will flow to
the Bank and it can be reliably measured. The cost of day to day servicing of property, plant and equipment are
charged to the Statement of Profit or Loss as incurred.
Depreciation
Depreciation is calculated by using the written down value method on cost or valuation of the Property & Equipment
other than freehold land and leasehold properties. Depreciation on leasehold properties is calculated by using the
straight line method on cost or valuation of the property. The rates of depreciations are given below:

Rate of Depreciation per annum (%)
Asset Category For the year ended 16 July 2018 For the year ended 15 July 2017
Freehold Buildings 5% 5%
Motor Vehicles 20% 20%
Computer Equipment 25% 25%
Furniture, Office Equipment 25% 25%
Other Equipment 15% 15%
Leasehold Properties 10 Years or Lease Period whichever is lower 5 Years or Lease Period whichever is lower
Changes in Estimates
The methods of depreciation are reviewed, and adjusted if appropriate, at each financial year end.
Capital Work in Progress

These are expenses of capital nature directly incurred in the construction of buildings, major plant and machinery
and system development, awaiting capitalization. Capital work-in-progress would be transferred to the relevant asset
when it is available for use, i.e. when it is in the location and condition necessary for it to be capable of operating in the
manner intended by management. Capital work-in-progress is stated at cost less any accumulated impairment losses.
Borrowing Costs
Borrowing costs directly attributable to the acquisition, construction or production of an asset that necessarily takes a
substantial period of time to get ready for its intended use or sale are capitalized as part of the cost of an asset. All
other borrowing costs are expensed in the period in which they occur. Borrowing costs consist of interest and other
costs that the Bank incurs in connection with the borrowing of funds.
De-recognition
The carrying amount of an item of property, plant and equipment is derecognized on disposal or when no future
economic benefits are expected from its use. The gain or loss arising from de-recognition of an item of property,
plant and equipment is included in the Statement of Profit or Loss when the item is derecognized. When replacement
costs are recognized in the carrying amount of an item of property, plant and equipment, the remaining carrying
amount of the replaced part is derecognized. Major inspection costs are capitalized. At each such capitalization, the
remaining carrying amount of the previous cost of inspection is derecognized.
3.8 Goodwill and Intangible Assets

Recognition
An intangible asset is an identifiable non-monetary asset without physical substance, held for use in the production
or supply of goods or services, for rental to others or for administrative purposes. An intangible asset is recognized if
it is probable that the future economic benefits that are attributable to the asset will flow to the entity and the cost of
the asset can be measured reliably. An intangible asset is initially measured at cost. Expenditure incurred on an
intangible item that was initially recognized as an expense by the Bank in previous annual Financial Statements or
interim Financial Statements are not recognized as part of the cost of an intangible asset at a later date.
Computer Software & Licenses

Cost of purchased licenses and all computer software costs incurred, licensed for use by the Bank, which are not integrally
related to associated hardware, which can be clearly identified, reliably measured, and it’s probable that they will lead
to future economic benefits, are included in the Statement of Financial Position under the category ‘Intangible assets’
and carried at cost less accumulated amortization and any accumulated impairment losses.
Subsequent Expenditure
Expenditure incurred on software is capitalized only when it is probable that this expenditure will enable the asset
to generate future economic benefits in excess of its originally assessed standard of performance and this expenditure
can be measured and attributed to the asset reliably. All other expenditure is expensed as incurred.
Goodwill is measured at cost less accumulated impairment losses.

Amortization of Intangible Assets
Intangible Assets, except for goodwill, are amortized on a straight–line basis in the Statement of Profit or Loss from the
date when the asset is available for use, over the best of its useful economic life which is determined based on a
pattern in which the asset’s economic benefits are consumed by the bank. Amortization methods, useful lives, residual
values are reviewed at each financial year end and adjusted if appropriate. The Bank assumes that there is no residual

value for its intangible assets.
Asset Category For the year ended 16 July 2018 For the year ended 15 July 2017
Computer Software 5 years 5 years
Licenses 5 years 5 years
De-recognition of Intangible Assets

The carrying amount of an item of intangible asset is derecognized on disposal or when no future economic benefits
are expected from its use. The gain or loss arising on de recognition of an item of intangible assets is included in the
Statement of Profit or Loss when the item is derecognized.
3.9 Investment Property

Investment property is property (land or a building or part of a building or both) held (by the owner or by the lessee
under a finance lease) to earn rentals or for capital appreciation or both but not for sale in the ordinary course of
business.
Measurement
Investment property is accounted for under Cost Model in the Financial Statements. Accordingly, after recognition
as an asset, the property is carried at its cost, less impairment losses. If any property is reclassified to investment
property due to changes in its use, fair value of such property at the date of reclassification becomes its cost for
subsequent accounting.
De-recognition
Investment properties are derecognized when they are disposed of or permanently withdrawn from use since no future
economic benefits are expected. Transfers are made to and from investment property only when there is a change in
use. When the use of a property changes such that it is reclassified as Property, Plant and Equipment, its fair value at
the date of reclassification becomes its cost for subsequent accounting.
3.10 Income Tax

As per Nepal Accounting Standard- NAS 12 (Income Taxes), tax expense is the aggregate amount included in
determination of profit or loss for the period in respect of current and deferred taxation. Income Tax expense is
recognized in the statement of Profit or Loss, except to the extent it relates to items recognized directly in equity
or other comprehensive income in which case it is recognized in equity or in other comprehensive income. The
Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax
regulation is subject to interpretation. It establishes provisions where appropriate on the basis of amounts expected to
be paid to tax authorities.
Current Tax
Current tax assets and liabilities consist of amounts expected to be recovered from or paid to Inland Revenue
Department in respect of the current year, using the tax rates and tax laws enacted or substantively enacted on the
reporting date and any adjustment to tax payable in respect of prior years.
Deferred Tax
Deferred tax is provided on temporary differences at the reporting date between the tax bases of assets and liabilities
and their carrying amounts for financial reporting purposes. Deferred tax liabilities are recognized for all taxable
temporary differences except:
Where the deferred tax liability arises from the initial recognition of goodwill or of an asset or liability in a transaction
that is not a business combination, and at the time of transaction, affects neither the accounting profit nor taxable
profit or loss.
In respect of taxable temporary differences associated with investments in subsidiaries, where the timing of the
reversal of the temporary differences can be controlled and is probable that the temporary differences will not
reverse in the foreseeable future.
Deferred tax assets are recognized for all deductible temporary differences, carried forward unused tax credits
and unused tax losses (if any), to the extent that it is probable that the taxable profit will be available against
which the deductible temporary differences, carried forward unused tax credits and unused tax losses can be
utilized except:
Where the deferred tax asset relating to the deductible temporary differences arising from the initial recognition
of an asset or liability in a transaction that is not a business combination, and at the time of transaction, affects
neither the accounting profit nor taxable profit or loss.

In respect of deductible temporary differences associated with investments in Subsidiaries, deferred tax assets
are recognized only to the extent that it is probable that the temporary differences will reverse in the foreseeable
future and taxable profit will be available against which the temporary difference will be utilized.
The carrying amount of deferred tax assets is reviewed at each reporting date and reduced to the extent that it is
probable that sufficient profit will be available to allow the deferred tax asset to be utilized. Unrecognized deferred
tax assets are reassessed at each reporting date and are recognized to the extent that it has become probable
that future taxable profit will allow the deferred tax asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the year when the
asset is realized or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively
enacted at the reporting date.
Current and deferred tax assets and liabilities are offset only to the extent that they relate to income taxes
imposed by the same taxation authority.
3.11 Deposits, debt securities issued and subordinated liabilities

Deposits, debt securities issued and subordinated liabilities are the Bank’s sources of funding. Deposits include
non-interest bearing deposits, saving deposits, term deposits, call deposits and margin deposits. The estimated
fair value of deposits with no stated maturity period is the amount repayable on demand. The fair value of
fixed interest bearing deposits is considered as the interest payable on these deposits plus carrying amount of
these deposits. The fair value of debt securities issued is also considered as the carrying amount of these debt
securities issued. Sub-ordinated liabilities are liabilities subordinated, at the event of winding up, to the claims of
depositors, debt securities issued and other creditors.
3.12 Provisions
A provision is recognized if, as a result of a past event, the Bank has a present legal or constructive obligation
that can be estimated reliably, and it is probable that an outflow of economic benefits will be required to settle
the obligation. The amount recognized is the best estimate of the consideration required to settle the present
obligation at the reporting date, taking in to account the risks and uncertainties surrounding the obligation at that
date. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying
amount is determined based on the present value of those cash flows. A provision for onerous contracts is
recognized when the expected benefits to be derived by the Bank from a contract are lower than the unavoidable
cost of meeting its obligations under the contract. The provision is measured as the present value of the lower of
the expected cost of terminating the contract and the expected net cost of continuing with the contract.Provision
is not recognized for future operating losses.
Before a provision is established, the Bank recognizes any impairment loss on the assets associated with
that contract. The expense relating to any provision is presented in the Statement of Profit or Loss net of any
reimbursement.
3.13 Revenue Recognition

Revenue is recognized to the extent that it is probable that the economic benefits will flow to Bank and the
revenue can be reliably measured. The following specific recognition criteria must also be met before revenue
is recognized.
Interest Income
For all financial assets measured at amortized cost, interest bearing financial assets classified as available-
for-sale and financial assets designated at fair value through profit or loss, interest income is recorded using
the rate that closely approximates the EIR because the bank considers that the cost of exact calculation of
effective interest rate method exceeds the benefit that would be derived from such compliance. EIR is the rate
that exactly discounts estimated future cash payments or receipts through the expected life of the financial
instrument or a shorter period, where appropriate, to the net carrying amount of the financial asset or financial
liability.
When a receivable is impaired, the Bank reduces the carrying amount to its recoverable amount, being the
estimated future cash flow discounted at the original effective interest rate of the instrument, and continues
unwinding the discount as interest income. Interest income on impaired loans is recognized using the original
rate that closely approximate EIR.
Fees and Commission Income

Fees earned for the provision of services over a period of time are accrued over that period. These fees include
service fees, commission income. Loan syndication fees are recognized as revenue when the syndication has
been completed and the Bank retained no part of the loan package for itself, or retained a part at the same

effective interest rate as for the other participants. Portfolio and other management advisory fees and service
distribution fees are recognized based on the applicable contracts, usually on a time apportionment basis.
Dividend Income
Dividend income on equity instruments are recognized in the statement of profit and loss within other income
when the Bank’s right to receive payment is established.
Net Trading Income

Net trading income comprises gains less losses relating to trading assets and liabilities, and includes all
realized interest, dividend and foreign exchange differences as wells as unrealized changes in fair value of
trading assets and liabilities.
Net Income from other financial instrument at fair value through Profit or Loss
Trading assets such as equity shares and mutual fund are recognized at fair value through profit or loss. No
other financial instruments are designated at fair value through profit or loss. The bank has no income under
the heading net income from other financial instrument at fair value through profit or loss.
3.14 Interest Expense

For financial liabilities measured at amortized cost using the rate that closely approximates effective interest
rate, interest expense is recorded using such rate. EIR is the rate that exactly discounts estimated future
cash payments or receipts through the expected life of the financial instrument or a shorter period, where
appropriate, to the net carrying amount of the financial asset or financial liability.
3.15 Employee Benefits

Employee benefits include:
• Short-term employee benefits such as the following, if expected to be settled wholly before twelve months after
the end of the annual reporting period in which the employees render the related services:
i. Wages, salaries and social security contributions;
ii. Paid annual leave and paid sick leave;
iii. Profit sharing and bonuses, and
iv. Non-monetary benefits (such as medical care, housing, cars and free or subsidized goods or services) for current
employees;
Short term employee benefits are measured on an undiscounted basis and are expensed as the related
service is provided. A liability is recognized for the amount expected to be paid under short term cash bonus
or profit sharing plans if the Bank has present legal or constructive obligation to pay this amount as a result of
past service provided by the employee and the obligation can be estimated reliably.
• Post-employment benefits, such as the following:

i. Retirement benefits (e.g.: pensions, lump sum payments on retirement); and
ii. Other post-employment benefits such as post-employment life insurance and post-employment medical care;
• Other long term employee benefits and
• Termination benefits
3.15.1. Post employments benefits

Defined Contribution Plans
A defined contribution plan is a post-employment benefit plan under which the Bank pays fixed contribution
into a separate Bank (a fund) and will have no legal or constructive obligation to pay further contributions if the
fund does not hold sufficient assets to pay all employee benefits relating to employee services in the current
and prior periods, as defined in Nepal Accounting Standards – NAS 19 (Employee Benefits).
The contribution payable by the employer to a defined contribution plan is in proportion to the services
rendered to Bank by the employees and is recorded as an expense under ‘Personnel expense’ as and when
they become due. Unpaid contribution is recorded as a liability under ‘Other Liabilities’.
Bank contributed 10% of the salary of each employee to the Employees’ Provident Fund. The above expenses
are identified as contributions to ‘Defined Contribution Plans’ as defined in Nepal Accounting Standards – NAS
19 (Employee Benefits).

Defined Benefit Plans
A defined benefit plan is a post-employment benefit plan other than a defined contribution plan. Accordingly,
staff gratuity has been considered as defined benefit plans as per Nepal Accounting Standards – NAS 19
(Employee Benefits).
Gratuity
In compliance with Labor Act, 2017, provision is made in the books of account in the year of service rendered,
for gratuity payable to employees.
An actuarial valuation is carried out every year to ascertain the full liability under gratuity.
Bank’s obligation in respect of defined benefit plan is calculated by estimating the amount of future benefit
that employees have earned for their service in the current and prior periods and discounting that benefit to
determine its present value, then deducting the fair value of any plan assets to determine the net amount to
be shown in the Statement of Financial Position. The value of a plan asset is restricted to the present value of
any economic benefits available in the form of refunds from the plan or reduction on the future contributions to
the plan. In order to calculate the present value of economic benefits, consideration is given to any minimum
funding requirement that apply to any plan in the Bank. An economic benefit is available to Bank if it is
realizable during the life of the plan, or on settlement of the plan liabilities.
Bank determines the interest expense on the defined benefit liability by applying the discount rate used to
measure the defined benefit liability at the beginning of the annual period. The discount rate is the yield at the
reporting date on government bonds that have maturity dates approximating to the terms of Bank’s obligations.
The increase in gratuity liabilities attributable to the services provided by employees during the year ended
16th July, 2018 (current service cost) has been recognized in the Statement of Profit or Loss under ‘Personnel
Expenses’ together with the net interest expense. Bank recognizes the total actuarial gain and loss that arises
in calculating Bank’s obligation in respect of gratuity in other comprehensive income during the period in which
it occurs.
The demographic assumptions underlying the valuation are retirement age (58 years), early withdrawal from
service and retirement on medical grounds.
3.15.2. Other long term employee benefits
Other long term employee benefits are all employee benefits other than short term employee benefits,
post employment benefits and terminal benefits. Accordingly, leave encashment plan of the Bank has been
considered as Other Long Term Employee Benefits as per Nepal Accounting Standards – NAS 19 (Employee
Benefits).
Unutilized Accumulated Leave

Bank’s liability towards the accumulated leave which is expected to be utilized beyond one year from the
end of the reporting period is treated as other long term employee benefits. Bank’s net obligation towards
unutilized accumulated leave is calculated by discounting the amount of future benefit that employees have
earned in return for their service in the current and prior periods to determine the present value of such
benefits. The discount rate is the yield at the reporting date on government bonds that have maturity dates
approximating to the terms of Bank’s obligation. The calculation is performed using the Projected Unit Credit
method. Net change in liability for unutilized accumulated leave including any actuarial gain and loss are
recognized in the Statement of Profit or Loss under ‘Personnel Expenses’ in the period in which they arise.
3.16 Finance and Operating Leases
The determination of whether an arrangement is a lease or it contains a lease, is based on the substance of the
arrangement and requires an assessment of whether the fulfillment of the arrangement is dependent on the use
of a specific asset or assets and the arrangement conveys a right to use the asset.
3.16.1 Finance Lease

Agreements which transfer to counterparties substantially all the risks and rewards incidental to the
ownership of assets, but not necessarily legal title, are classified as finance lease. When Bank is the
lessor under finance lease, the amounts due under the leases, after deduction of unearned interest
income, are included in ‘Loans to & receivables from other customers’, as appropriate. Interest income
receivable is recognized in ‘Net interest income’ over the periods of the leases so as to give a constant
rate of return on the net investment in the leases.
When Bank is a lessee under finance leases, the leased assets are capitalized and included in ‘Property,
plant and equipment’ and the corresponding liability to the lessor is included in ‘Other liabilities’. A
finance lease and its corresponding liability are recognized initially at the fair value of the asset or if lower,
the present value of the minimum lease payments. Finance charges payable are recognized in ‘Interest
expenses’ over the period of the lease based on the interest rate implicit in the lease so as to give a
constant rate of interest on the remaining balance of the liability.

3.16.2 Operating Lease
All other leases are classified as operating leases. When acting as lessor, Bank includes the assets
subject to operating leases in ‘Property, plant and equipment’ and accounts for them accordingly.
Impairment losses are recognized to the extent that residual values are not fully recoverable and the
carrying value of the assets is thereby impaired.
When Bank is the lessee, leased assets are not recognized on the Statement of Financial Position.
Rentals payable and receivable under operating leases are accounted for on a straight-line basis over
the periods of the leases and are included in ‘Other operating expenses’ and ‘Other operating income’,
respectively.
3.17 Foreign Currency Transactions, Translation and Balances

All foreign currency transactions are translated into the functional currency, which is Nepalese Rupees, using the
exchange rates prevailing at the dates when the transactions were affected.
Monetary assets and liabilities denominated in foreign currencies at the reporting date are translated to Nepalese
Rupees using the spot foreign exchange rate ruling at that date and all differences arising on non-trading activities
are taken to ‘Other Operating Income’ in the Statement of Profit or Loss. The foreign currency gain or loss on monetary
items is the difference between amortized cost in the functional currency at the beginning of the period, adjusted for
effective interest and payments during the period, and the amortized cost in foreign currency translated at the rates of
exchange prevailing at the end of the reporting period.
Non-monetary items in a foreign currency that are measured in terms of historical cost are translated using the exchange
rates as at the dates of the initial transactions. Non-monetary items in foreign currency measured at fair value are
translated using the exchange rates at the date when the fair value was determined.
Foreign exchange differences arising on the settlement or reporting of monetary items at rates different from those
which were initially recorded are dealt with in the Statement of Profit or Loss. However, foreign currency differences
arising on available-for-sale equity instruments are recognized in other comprehensive income. Forward exchange
contracts are valued at the forward market rates ruling on the reporting date.
3.18 Financial guarantee and loan commitment

A financial guarantee contract is a contract that requires the issuer to make specified payments to reimburse the holder
for a loss it incurs because a specified debtor fails to make payment when due. Financial guarantee contracts may
have various legal forms, such as a guarantee, some types of letter of credit, etc.Where the bank has confirmed its
intention to provide funds to a customer or on behalf of a customer in the form of loans, overdrafts,etc. whether
cancellable or not and the bank had not made payments at the reporting date, those instruments are included in these
financial statements as commitments.
3.19 Share capital and reserves
Share capital and reserves are different classes of equity claims. Equity claims are claims on the residual interest in
the assets of the entity after deducting all its liabilities. Changes in equity during the reporting period comprise income
and expenses recognized in the statement of Profit or Loss and statement of Other comprehensive Income; plus
contributions from holders of equity claims, minus distributions to holders of equity claims.
3.20 Earnings per share

Bank presents basic and diluted Earnings per share (EPS) data for its ordinary shares. Basic EPS is calculated by
dividing the profit and loss attributable to ordinary equity holders of Bank by the weighted average number of ordinary
shares outstanding during the period. Diluted EPS is determined by adjusting both the profit and loss attributable to
the ordinary equity holders and the weighted average number of ordinary shares outstanding, for the effects of all
dilutive potential ordinary shares, if any.
Earnings per share is calculated and presented in consolidated statement of profit or loss.
3.21 Segment reporting

An operating segment is a component of an entity:

• that engages in business activities from which it may earn revenues and incur expenses (including revenues and
expenses relating to transactions with other components of the same entity),
• whose operating results are regularly reviewed by the entity’s chief operating decision maker to make decisions
about resources to be allocated to the segment and assess its performance, and
• for which discrete financial information is available.
Not every part of an entity is necessarily an operating segment or part of an operating segment. For example, a
corporate headquarters or some functional departments may not earn revenues or may earn revenues that are only
incidental to the activities of the entity and would not be operating segments. For the purposes of this NFRS, an
entity’s post-employment benefit plans are not operating segments.
The bank has identified the key segments of business on the basis of nature of operations that assists the Executive
Committee of the bank in decision making process and to allocate the resources. It will help the management to assess
the performance of the business segments. The business segments identified are Banking (including loan, deposit
and trade operations), Payment solutions (Cards), Remittance, Treasury and Micro Banking. All operations between
the segments are conducted on pre-determined transfer price. Treasury department acts as the fund manager of the
Bank.
3.22 Employee Bonus
Employee bonus shall be calculated at the rate of 10% of Profit before bonus and tax.
3.23 Dividend on Ordinary Shares
Dividend on ordinary shares are recognized as a liability and deducted from equity when they are approved by the
Bank’s shareholders. Interim Dividend is deducted from equity when they are declared and no longer at the discretion
of the Bank. Dividend for the year that is approved after the reporting date is disclosed as an event accuring after the
reporting date.
3.24 Cash Flow Statement
The cash flow statement has been prepared, whereby gross cash receipts and gross cash payments of operating
activities, finance activities and investing activities have been recognized.
3.25 Comparative Figures
The comparative figures and phrases have been rearranged wherever necessary to conform to the current year’s
presentation.
3.26 FIRST TIME ADOPTION OF NFRS
As stated in Note 2.1, these are the Bank’s first financial statements prepared in accordance with NFRS.
The accounting policies set out in Note 3 have been applied in preparing the Financial Statements for the year ended
16th July 2018, the comparative information presented for the year ended 15th July 2017and in the preparation of an
opening NFRS based Statement of Financial Position at 17th July 2016 (the date of transition).
Exemptions
NFRS 1 First- time adoption of Nepal Accounting Standards allows first time adopters certain exemptions from the
retrospective application of certain NFRS.
The Bank has taken the following exemptions.
I. Business Combinations
Use of this exemption means that the NAS carrying amounts of assets and liabilities, which are required to be
recognized under NFRS, is their deemed cost at the date of the acquisition. After the date of the acquisition,
measurement is in accordance with NFRS. Assets and liabilities that do not qualify for recognition under NFRS
are excluded from the opening NFRS statement of financial position.
The Bank did not recognize or exclude any previously recognized amounts as a result of NFRS recognition
requirements. NFRS 1 also requires that the local NAS carrying amount of goodwill must be used in the opening
NFRS statement of financial position (apart from adjustments for goodwill impairment and recognition or de-
recognition of intangible assets).
II. The Bank has elected to disclose the following amounts prospectively from the date of transition (i) the present
value of the defined benefit obligation, the fair value of the plan assets and the surplus or deficit in the plan; and
(ii) the experience adjustments arising on the plan liabilities and the plan assets.
III. The Bank has designated unquoted equity Instruments held as at 16th July 2018 and 15th July 2017 as Available-
for-Sale Investments.

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;d"x a}+s
gub df}Hbft 2,241,321,277 2,573,703,235 2,241,314,093 2,573,678,185
a}+s tyf ljlQo ;+:yfdf /x]sf] df}Hbft 522,914,898 497,942,133 460,699,162 784,902,258
dfu tyf cNk ;'rgfdf k|fKt x'g] /sd 1,751,200,000 521,300,000 1,751,200,000 521,300,000
cGo ‡ ‡ ‡ ‡
hDdf gub tyf gub ;dfg 4,515,436,174 3,592,945,368 4,453,213,255 3,879,880,443
g]kfn /fi6« a}+sdf /x]sf] df}Hbft tyf lng' kg]{

cfiff9 d;fGt @)&% cg';"rL $=@
;d"x a}+s
g]kfn /fi6« a}+sdf /x]sf] j}wflgs df}Hbft 6,454,927,243 6,672,330,906 6,454,927,243 6,672,330,906
k'gM laqmL ;Demf}tf cGtu{t vl/b ul/Psf] lwtf]kq ‡ ‡ ‡ ‡
g]kfn /fi6« a}+sdf /x]sf] cGo lgIf]k tyf lng jfFsL jSof}tf /sd ‡ ‡ ‡ ‡
hDdf g]kfn /fi6« a}+sdf /x]sf] df}Hbft tyf lng' kg]{ 6,454,927,243 6,672,330,906 6,454,927,243 6,672,330,906
a}+s tyf ljlQo ;+:yfdf /x]sf] df}Hbft

cfiff9 d;fGt @)&% cg';"rL $=#
;d"x a}+s
:jb]zL a}+s tyf ljlQo ;+:yfdf /x]sf] df}Hbft ‡ ‡ ‡ ‡
ljb]zL a}+s tyf ljlQo ;+:yfdf /x]sf] df}Hbft 1,611,130,000 567,325,000 1,611,130,000 567,325,000
36fpg]M hf]lvd Joj:yf ‡ ‡ ‡ ‡
hDdf a}+s tyf ljlQo ;+:yfdf /x]sf] df}Hbft 1,611,130,000 567,325,000 1,611,130,000 567,325,000
8]l/e]l6e ljlQo pks/0f

cfiff9 d;fGt @)&% cg';"rL $=$
;d"x a}+s
Jofkfl/s k|of]hgsf] nflu wf/0f
Jofhb/ :jfk ‡ ‡ ‡ ‡
d'b|f :jfk ‡ ‡ ‡ ‡
clu|d ljlgdo ;Demf}tf 3,705,756 28,637,239 3,705,756 28,637,239
cGo ‡ ‡ ‡ ‡
hf]lvd Joj:yfkgsf] lglDt wf/0f
d'b|f :jfk ‡ ‡ ‡ ‡
clu|d ljlgdo ;Demf}tf ‡ ‡ ‡ ‡
cGo ‡ ‡ ‡ ‡
hDdf 8]l/e]l6e ljlQo pks/0f 3,705,756 28,637,239 3,705,756 28,637,239

cGo Jofkfl/s ;DklQx?
cfiff9 d;fGt @)&% cg';"rL $=%
;d"x a}+s
6«]h/L ljn ‡ ‡ ‡ ‡
g]kfn ;/sf/sf] C0fkq ‡ ‡ ‡ ‡
g]kfn /fi6« a}+ssf] C0fkq ‡ ‡ ‡ ‡
:jb]zL ;+:yfut C0fkq ‡ ‡ ‡ ‡
z]o/ -O{lSj6L_ 103,413,532 54,588,507 81,317,739 40,991,188
cGo ‡ ‡ ‡ ‡
hDdf cGo Jofkfl/s ;DklQx? 103,413,532 54,588,507 81,317,739 40,991,188
lwtf] /flvPsf] (Pledged) ‡ ‡ ‡ ‡
lwtf] g/flvPsf] (Non Pledged) 103,413,532 54,588,507 81,317,739 40,991,188
a}+s tyf ljQLo ;+:yfnfO{ lbPsf] shf{ tyf ;fk6

cfiff9 d;fGt @)&% cg';"rL $=^
;d"x a}+s
n3'ljQ ;+:yfx?nfO{ lbPsf] shf{ 2,869,855,688 2,443,472,874 2,869,855,688 2,443,472,874
cGo ‡ ‡ ‡ ‡
36fpg] M shf{ hf]lvd Joj:yf -28,689,382_ -24,429,212_ -28,689,382_ -24,429,212_
hDdf 2,841,166,306 2,419,043,662 2,841,166,306 2,419,043,662
shf{ hf]lvd Joj:yf (Allowances for Impairment)

cfiff9 d;fGt @)&% cg';"rL $=^=!
;d"x a}+s
>fj0f ! sf] df}Hbft 24,429,212 14,765,050 24,429,212 14,765,050
o; jif{sf] hf]lvd Joj:yf ‡ ‡
o; jif{sf] hDdf 7,550,228 11,733,091 7,550,228 11,733,091
p7]sf]÷lkmtf{ -3,290,058_ -2,068,929_ -3,290,058_ -2,068,929_
ckn]vg ‡ ‡ ‡ ‡
cfiff9 d;fGtsf] df}Hbft 28,689,382 24,429,212 28,689,382 24,429,212
u|fxsnfO{ lbPsf] shf{ tyf ;fk6

cfiff9 d;fGt @)&% cg';"rL $=&
;d"x a}+s
kl/iff]lwt d"Nodf (Amortized Cost) d"Nof+sg ul/Psf] shf{ tyf ;fk6 84,716,204,362 65,905,266,707 84,714,709,737 65,903,646,622
36fpg] M shf{ hf]lvd Joj:yf ‡ ‡ ‡ ‡
;fd"lxs hf]lvd Joj:yf (Collective Impairment Provision) -880,205,590_ -739,230,718_ -880,205,590_ -739,230,718_
JolQmut hf]lvd Joj:yf (Individual Impairment Provision) -598,416,612_ -513,256,465_ -598,416,612_ -513,256,465_
v'b /sd 83,237,582,160 64,652,779,524 83,236,087,535 64,651,159,439
FVTPL df d"Nof+sg ul/Psf] shf{ tyf ;fk6 ‡ ‡ ‡ ‡
hDdf 83,237,582,160 64,652,779,524 83,236,087,535 64,651,159,439

shf{ k|sf/sf] cfwf/df shf{ tyf ;fk6sf] ljZn]if0f
cfiff9 d;fGt @)&% cg';"rL $=&=!
;d"x a}+s
shf{ k|sf/
cfjlBs shf{ 18,381,201,546 13,242,481,018 18,381,201,546 13,242,481,018
clwljsif{ shf{ 21,431,444,778 17,863,115,865 21,431,444,778 17,863,115,865
6«i6 l/l;K6÷lgof{t shf{ 3,769,394,139 2,077,071,909 3,769,394,139 2,077,071,909
dfu tyf cGo rfn' k"FhL shf{ 12,466,403,766 8,693,349,961 12,466,403,766 8,693,349,961
JolQmut cfjfl;o shf{ 4,358,121,381 4,117,938,609 4,358,121,381 4,117,938,609
l/on :6]6 shf{ 7,762,639,236 6,812,844,397 7,762,639,236 6,812,844,397
dflh{g n]lG8Ë shf{ 2,037,673,815 1,439,674,865 2,037,673,815 1,439,674,865
xfo/ kr]{h shf{ 9,083,820,038 8,388,113,630 9,083,820,038 8,388,113,630
ljkGg ju{ shf{ 1,820,865,327 720,601,759 1,820,865,327 720,601,759
laN; vl/b 45,115,000 479,574,959 45,115,000 479,574,959
sd{rf/L shf{ 1,022,657,020 760,082,948 1,021,162,395 758,462,863
cGo 2,150,697,910 985,594,846 2,150,697,910 985,594,846
hDdf 84,330,033,955 65,580,444,767 84,328,539,330 65,578,824,681
c;'n ug{ af+sL Jofh 386,170,407 324,821,940 386,170,407 324,821,940
s"n hDdf 84,716,204,362 65,905,266,707 84,714,709,737 65,903,646,622
d'b|fsf] cfwf/df shf{ tyf ;fk6sf] ljZn]if0f

cfiff9 d;fGt @)&% cg';"rL $=&=@
;d"x a}+s
g]kfnL ?k}+of 83,319,859,428 64,906,017,058 83,318,364,803 64,904,396,973
ef/tLo ?k}Fof ‡ ‡ ‡ ‡
cd]l/sg 8n/ 1,396,344,934 999,249,649 1,396,344,934 999,249,649
u|]6 lj|6]g kfpG8 ‡ ‡ ‡ ‡
o"/f] ‡ ‡ ‡ ‡
hfklgh o]g ‡ ‡ ‡ ‡
rfOlgh o'cfg ‡ ‡ ‡ ‡
cGo ‡ ‡ ‡ ‡
hDdf 84,716,204,362 65,905,266,707 84,714,709,737 65,903,646,622
lwtf] ;'/If0fsf] cfwf/df shf{ tyf ;fk6sf] ljZn]if0f

cfiff9 d;fGt @)&% cg';"rL $=&=#
;d"x a}+s
;'/If0f
rn÷crn ;DklQ 80,638,997,234 60,018,549,262 80,638,997,234 60,018,549,262
;'g tyf rfFbL ‡ ‡ ‡ ‡
:jb]zL a}+s tyf ljQLo ;+:yfsf] hdfgt 715,808,446 597,386,294 715,808,446 597,386,294
;/sf/L hdfgt 135,064,800 135,061,100 135,064,800 135,061,100
cGt/fli6«o ;'lrs[t a}+ssf] hdfgt ‡ ‡ ‡ ‡
lgof{t sfuhkqsf] lwtf] 6,219,494 843,907,135 6,219,494 843,907,135
d'2lt lgIf]ksf] lwtf] 870,833,278 541,174,988 870,833,278 541,174,988
;/sf/L lwtf]kqsf] lwtf] 2,494,493 ‡ 2,494,493 ‡
sfpG6/ hdfgt ‡ ‡ ‡ ‡
JoflQmut hdfgt 169,928,430 218,832,938 168,433,804 217,212,852
cGo lwtf] 2,176,858,187 3,550,354,991 2,176,858,187 3,550,354,991
hDdf 84,716,204,362 65,905,266,707 84,714,709,737 65,903,646,622
;'/If0f gul/Psf] ‡ ‡ ‡ ‡
hDdf 84,716,204,362 65,905,266,707 84,714,709,737 65,903,646,622

shf{ hf]lvd Joj:yf (Allowances for Impairment)
cfiff9 d;fGt @)&% cg';"rL $=&=$
;d"x a}+s
ljz]if hf]lvd Joj:yf
>fj0f ! sf] df}Hbft 513,256,465 536,009,370 513,256,465 536,009,370
o; jif{sf] hDdf 314,665,388 261,406,451 314,665,388 261,406,451
o; jif{ p7]sf]÷lkmtf{ -229,505,242_ -284,159,357_ -229,505,242_ -284,159,357_
ckn]vg ‡ ‡ ‡ ‡
ljb]zL d'b|fsf] ljlgdo b/ km/ssf] sf/0f hf]lvd Joj:yf ‡ ‡ ‡ ‡
cGo kl/jt{g ‡ ‡ ‡ ‡
;fd'lxs hf]lvd Joj:yf ‡ ‡
>fj0f ! sf] df}Hbft 739,230,718 606,049,186 739,230,718 606,049,186
o; jif{sf] hDdf÷lkmtf{ 140,974,872 133,181,532 140,974,872 133,181,532
ljb]zL d'b|fsf] ljlgdo b/n] hf]lvd Joj:yf 36÷a9 ‡ ‡ ‡ ‡
cGo kl/jt{g ‡ ‡ ‡ ‡
hDdf hf]lvd Joj:yf 1,478,622,202 1,252,487,183 1,478,622,202 1,252,487,183
lwtf]kqdf (Securities) nufgL

cfiff9 d;fGt @)&% cg';"rL $=*
;d"x a}+s
kl/iff]lwt d"Nodf (Amortized Cost) d'NofÍg ul/Psf] lwtf]kqdf 17,046,306,681 10,258,396,271 16,761,306,681 10,078,396,271
nufgL
FVTOCI df d"NofÍg ul/Psf] z]o/ -OlSj6L_ df nufgL 1,831,635,755 1,954,549,459 1,831,635,755 1,892,900,083
hDdf 18,877,942,436 12,212,945,730 18,592,942,436 11,971,296,354
kl/iff]lwt (Amortized) d"Nodf d"Nof°g ul/Psf] lwtf]kqdf nufgL

cfiff9 d;fGt @)&% cg';"rL $=*=!
;d"x a}+s
C0fkq ‡ ‡ ‡ ‡
;/sf/L C0fkq tyf a08 6,142,275,000 8,712,275,000 6,142,275,000 8,712,275,000
;/sf/L 6«]h/L ljn 3,235,779,230 ‡ 3,235,779,230 ‡
g]kfn /fi6« a}+ssf] C0fkq tyf a08 ‡ ‡ ‡ ‡
g]kfn /fi6« a}+ssf] lgIf]k pks/0fx? ‡ ‡ ‡ ‡
cGo 7,668,252,451 1,546,121,271 7,383,252,451 1,366,121,271
36fpg]M ljz]if xfgL gf]S;fgL Joj:yf ‡ ‡ ‡ ‡
hDdf 17,046,306,681 10,258,396,271 16,761,306,681 10,078,396,271
cGo lj:t[t cfDbfgL dfk{mt km]o/ d"Nodf (FVTOCI) d"Nof°g ul/Psf] z]o/ -OlSj6L_ df nufgL
cfiff9 d;fGt @)&% cg';"rL $=*=@
;d"x a}+s
OlSj6L pks/0fx?
;"lrs[t z]o/x? 1,490,342,955 1,666,256,659 1,490,342,955 1,604,607,283
;"lrs[t gePsf z]o/x? 341,292,800 288,292,800 341,292,800 288,292,800
hDdf 1,831,635,755 1,954,549,459 1,831,635,755 1,892,900,083

OlSj6Ldf ul/Psf] nufgLsf] hfgsf/L
cfiff9 d;fGt @)&% cg';"rL $=*=#
;d"x a}+s
k/n d"No km]o/ d"No k/n d"No km]o/ d"No k/n d"No km]o/ d"No k/n d"No km]o/ d"No
;'lrs[t z]o/df ul/Psf] nufgL
ljlqmsf] nflu pknAw cGtu{t jlu{s/0f ul/Psf
;'lrs[t z]o/df nufgL
l;4fy{ OG:of]/]G; lnld6]8 79,426,600 896,225,820 32,820,000 1,008,685,500 79,426,600 896,225,820 32,820,000 1,008,685,500
!@,(*,*&* ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
g]Zfgn nfOkm OG:of]/]G; sDkgL lnld6]8 29,824,988 18,067,374 ‡ ‡ 29,824,988 18,067,374 ‡ ‡
!$,*@( ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
PgPnhL OG:of]/]G; sDkgL lnld6]8 5,652,138 4,804,380 3,614,704 28,850,580 5,652,138 4,804,380 3,614,704 28,850,580
%,!^^ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
nfOkm OG:of]/]G; s/\kf]/];g g]kfn 18,149,446 12,705,126 6,891,019 5,233,266 18,149,446 12,705,126 6,891,019 5,233,266
&,*## ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
a'6jn kfj/ sDkgL lnld6]8 38,776,419 29,806,911 29,006,732 29,966,460 38,776,419 29,806,911 29,006,732 29,966,460
^%,@@# ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
af]6n;{ g]kfn lnld6]8 -t/fO{_ 2,275,463 13,006,480 2,789,108 16,520,775 2,275,463 13,006,480 2,789,108 16,520,775
@,@!% ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
g]kfn No"j cfon lnld6]8 1,080 246,015 1,080 ‡ 1,080 246,015 1,080 ‡
!,!%% ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
g]kfn lkmNd 8]enkd]G6 sDkgL lnld6]8 569 569 569 ‡ 569 569 569 ‡
%#( ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
g]kfn b'/;~rf/ sDkgL lnld6]8 48,655,305 53,530,645 42,572,250 44,688,375 48,655,305 53,530,645 42,572,250 44,688,375
&$,@$% ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
l/lb xfO8«f]kfj/ 8]enkd]G6 sDkgL lnld6]8 5,678,160 2,846,466 5,678,160 4,737,544 5,678,160 2,846,466 5,678,160 4,737,544
@#,!$@ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
lrlnd] xfO8«f]kfj/ lnld6]8 80,410,812 68,266,270 63,820,644 43,329,006 80,410,812 68,266,270 63,820,644 43,329,006
*^,$!# ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
km:6{ dfOqmf] kmfOgfG; lnld6]8 19,772,024 16,094,700 5,580,856 5,610,000 19,772,024 16,094,700 5,580,856 5,610,000
@(,*)% ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
hnljB't nufgL tyf ljsf; sDkgL lnld6]8 33,487,342 28,916,645 1,291,050 2,488,110 33,487,342 28,916,645 1,291,050 2,488,110
!,*^,%%( ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
;flgdf dfO{ xfO8«f]kfj/ lnld6]8 25,594,059 17,405,320 ‡ ‡ 25,594,059 17,405,320 ‡ ‡
%#,)^% ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
k|'8]lG;on OG:of]/]G; sDkgL lnld6]8 15,107,199 12,596,220 4,133,351 5,940,330 15,107,199 12,596,220 4,133,351 5,940,330
!^,!$( ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
tf/fufpF l/h]G;L xf]6n 5,590,966 5,507,400 3,927,418 3,941,100 5,590,966 5,507,400 3,927,418 3,941,100
@),!)) ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
;f]N6L xf]6n lnld6]8 6,352,387 4,976,640 6,352,387 6,429,049 6,352,387 4,976,640 6,352,387 6,429,049
@),$*) ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
g]kfn nfOkm OG:of]/]G; sDkgL lnld6]8 69,281,108 47,638,500 7,754,466 8,821,836 69,281,108 47,638,500 7,754,466 8,821,836
$%,#&) ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
Pl;Pg nfOkm OG:of]/]G; sDkgL lnld6]8 6,037,469 4,100,049 5,844,969 5,610,384 6,037,469 4,100,049 5,844,969 5,610,384
^,))# ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
l5d]s ljsf; a}+s lnld6]8 14,207,370 10,355,616 1,442,114 1,403,000 14,207,370 10,355,616 1,442,114 1,403,000
!!,*)* ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
lk|ldo/ OG:of]/]G; sDkgL lnld6]8 26,181,885 19,812,375 ‡ ‡ 26,181,885 19,812,375 ‡ ‡
!&,^!! ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
lzv/ OG:of]/]G; lnld6]8 2,815,279 2,372,865 ‡ ‡ 2,815,279 2,372,865 ‡ ‡
@,$)( ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
n'lDagL hg/n OG:of]/]G; lnld6]8 10,223,731 7,002,050 ‡ ‡ 10,223,731 7,002,050 ‡ ‡
!@,&#! ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
:jfjnDag ljsf; a}+s lnld6]8 13,031,935 11,768,840 ‡ ‡ 13,031,935 11,768,840 ‡ ‡
(,$(! ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
d]/f] dfOqmf] kmfOgfG; ljlQo ;+:yf lnld6]8 13,000,000 106,886,000 13,000,000 286,520,000 13,000,000 106,886,000 3,000,000 286,520,000

!,*%,()) ;+:yfks z]o/ ? !)) sf] b/n] r'Qmf
?/n dfOqmf] kmfOgfG; 8]enkd]G6 ;]G6/ 39,480,000 68,479,950 39,674,774 85,704,968 39,480,000 68,479,950 39,674,774 85,704,968
!,(%,^%& ;+:yfks z]o/ ? !)) sf] b/n] r'Qmf
g]zgn dfOqmf] kmfOgfG; lnld6]8 1,000,000 13,823,852 1,000,000 17,140,000 1,000,000 13,823,852 1,000,000 17,140,000
!@,)#^ ;+:yfks z]o/ ? !)) sf] b/n] r'Qmf
PgPnhL OG:of]/]G; lnld6]8 3,614,704 13,099,877 ‡ ‡ 3,614,704 13,099,877 ‡ ‡
@$,@*% ;+:yfks z]o/ ? !)) sf] b/n] r'Qmf
gfua]ln n3'ljQ ljsf; a}+s lnld6]8 ‡ ‡ 300 25,200 ‡ ‡ 300 25,200
* ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
c?0f sfa]ln kfj/ lnld6]8 9,900 25,740 29,500 120,655 ‡ ‡ ‡ ‡
(( ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
a'6jn kfj/ sDkgL lnld6]8 5,010,000 4,570,000 ‡ ‡ ‡ ‡ ‡ ‡
!),))) ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
lbJoZj/L xfO8«f]kfj/ lnld6]8 1,100 1,188 1,100 2,486 ‡ ‡ ‡ ‡
!! ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
kmjf{8{ sDo'lgl6 dfOqmf] kmfOgfG; ljlQo ;+:yf 2,600 86,580 2,600 83,746 ‡ ‡ ‡ ‡
lnld6]8
#( ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
Unf]an cfOPdO n3'ljQ ljQLo ;+:yf lnld6]8 1,000 14,976 1,000 19,000 ‡ ‡ ‡ ‡
!@ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
hnljß't nufgL tyf ljsf; sDkgL lnld6]8 144,800 224,440 144,800 285,256 ‡ ‡ ‡ ‡
!,$$* ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
hgtf a}+s g]kfn lnld6]8 2,209,979 1,796,080 ‡ ‡ ‡ ‡ ‡ ‡
!!,$$) ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
hgpTyfg ;fd'bflos n3'ljQ ljsf; a}+s 1,000 35,052 1,000 30,600 ‡ ‡ ‡ ‡
lnld6]8
!@ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
vflg vf]nf xfO8«f]kfj/ sDkgL lnld6]8 1,600 1,712 1,600 3,328 ‡ ‡ ‡ ‡
!^ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
nIdL a}+s lnld6]8 2,105,018 1,678,290 ‡ ‡ ‡ ‡ ‡ ‡
^,%)% ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
dlxnf ;xofqf dfOqmf] kmfOgfG; ljlQo ;+:yf 2,000 15,620 2,000 25,520 ‡ ‡ ‡ ‡
lnld6]8
@@ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
d]/f] dfOqmf] kmfOgfG; ljlQo ;+:yf lnld6]8 4,100 62,640 4,100 90,364 ‡ ‡ ‡ ‡
%* ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
g]zgn dfOqmf] kmfOgfG; ljlQo ;+:yf lnld6]8 1,900 50,922 1,900 32,566 ‡ ‡ ‡ ‡
@# ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
g]kfn OGe]:6d]G6 a}+s lnld6]8 2,559,081 3,649,617 2,559,058 3,934,700 ‡ ‡ ‡ ‡
%,*&& ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
g]kfn nfOkm OG:of]/]G; sDkgL lnld6]8 2,480,930 3,244,500 2,480,925 4,674,048 ‡ ‡ ‡ ‡
#,)() ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
g]kfn P;lacfO a}+s lnld6]8 9,710 6,986 9,710 11,100 ‡ ‡ ‡ ‡
!$ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
ª\fbL u|'k kfj/ lnld6]8 47,999 103,668 48,000 152,277 ‡ ‡ ‡ ‡
^#^ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
PgPdla a}+s lnld6]8 3,330,000 3,580,000 ‡ ‡ ‡ ‡ ‡ ‡
!),))) ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
PgPdla dfOqmf] kmfOgfG; ljlQo ;+:yf lnld6]8 2,500 56,700 2,500 79,688 ‡ ‡ ‡ ‡
#% ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
l/nfoG; kmfOgfG; lnld6]8 8,700 32,844 ‡ ‡ ‡ ‡ ‡ ‡
@&^ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
cf/P;l8l; n3'ljQ ljlQo ;+:yf lnld6]8 4,700 28,305 1,400 41,300 ‡ ‡ ‡ ‡
*@ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
;dtf dfOqmf] kmfOgfG; ljlQo ;+:yf lnld6]8 1,000 16,560 1,000 4,030 ‡ ‡ ‡ ‡
!* ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
lzv/ OG:of]/G] ; sDkgL lnld6]8 ‡ 196,015 ‡ ‡ ‡ ‡ ‡ ‡
!(( ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf

:6fG88{ rf6{8{ a}+s lnld6]8 2,102,700 2,461,300 2,102,700 3,740,850 ‡ ‡ ‡ ‡
#,@^) ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
:jb]zL n3'ljQ ljlQo ;+:yf lnld6]8 1,200 21,710 1,200 1,200 ‡ ‡ ‡ ‡
!# ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
l;glh{ kfj/ 8]enkd]G6 lnld6]8 61,600 76,384 61,600 149,688 ‡ ‡ ‡ ‡
^!^ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
o'gfO6]8 df]bL xfO8«f]kfj/ lnld6]8 33,700 57,964 33,700 114,917 ‡ ‡ ‡ ‡
##& ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
Jofkf/Ls nufgL cGtu{t jlu{s/0f ul/Psf
;'lrs[t z]o/df nufgL
l8k|f]:s 8]enkd]G6 a}+s 16,743,435 11,560,500 ‡ ‡ 16,743,435 11,560,500 ‡ ‡
!%,$!$ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
g]sf] OG:of]/]G; lnld6]8 5,676,691 5,036,508 5,673,556 5,662,332 5,676,691 5,036,508 5,673,556 5,662,332
(,)@^ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
g]?8] n3'ljQ ljlQo ;+:yf lnld6]8 9,010,049 5,367,999 ‡ ‡ 9,010,049 5,367,999 ‡ ‡
*,$@& ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
lgw{g pTyfg a}+s lnld6]8 11,124,395 9,362,432 ‡ ‡ 11,124,395 9,362,432 ‡ ‡
(,!$# ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
k|e' OG:of]/]G; sDkgL lnld6]8 23,034,310 19,722,240 13,056,982 13,682,000 23,034,310 19,722,240 13,056,982 13,682,000
#^,*^$ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
;u/dfyf OG:of]/]G; sDkgL lnld6]8 13,902,617 11,552,140 1,477,107 1,424,100 13,902,617 11,552,140 1,477,107 1,424,100
*,^@! ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
;fgf ls;fg a}+s lnld6]8 12,733,169 12,135,920 13,353,884 13,184,556 12,733,169 12,135,920 13,353,884 13,184,556
!),$^@ ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
g]kfn OG:of]/]G; sDkgL lnld6]8 3,010,000 6,580,000 ‡ ‡ 3,010,000 6,580,000
!),))) ;fwf/0f z]o/ ? !)) sf] b/n] r'Qmf
;'lrs[t gePsf z]o/df ul/Psf] nufgL
ljlqmsf] nflu pknAw cGtu{t jlu{s/0f ul/Psf
;'lrs[t gePsf z]o/df nufgL
shf{ ;"rgf s]Gb| 1,907,600 1,907,600 1,907,600 1,907,600 1,907,600 1,907,600 1,907,600 1,907,600
!,!@,%^* ;+:yfks z]o/ ? !)) sf] b/n] r'Qmf
g]kfn lSnol/ª xfp; lnld6]8 3,425,200 3,425,200 3,425,200 3,425,200 3,425,200 3,425,200 3,425,200 3,425,200
$!,!)@ ;+:yfks z]o/ ? !)) sf] b/n] r'Qmf
g]zgn a}+lsª 6«]lgª OlG;l6Ro"6 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000
!@,))) ;+:yfks z]o/ ? !)) sf] b/n] r'Qmf
O{qmf g]kfn lnld6]8 760,000 760,000 760,000 760,000 760,000 760,000 760,000 760,000
&,^)) ;+:yfks z]o/ ? !)) sf] b/n] r'Qmf
g]kfn On]S6«f]lgs k]d]G6 l;:6d lnld6]8 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000
!,%),))) ;+:yfks z]o/ ? !)) sf] b/n] r'Qmf
k|e' Soflk6n lnld6]8 4,500,000 4,500,000 1,500,000 1,500,000 4,500,000 4,500,000 1,500,000 1,500,000
$%,))) ;+:yfks z]o/ ? !)) sf] b/n] r'Qmf
h]g/n OG:of]/]G; sDkgL lnld6]8 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
%,))) ;+:yfks z]o/ ? !)) sf] b/n] r'Qmf
l/nfoG; nfOkm OG:of]/]G; lnld6]8 264,000,000 264,000,000 264,000,000 264,000,000 264,000,000 264,000,000 264,000,000 264,000,000
@^,$),))) ;+:yfks z]o/ ? !)) sf] b/n]
r'Qmf
g]kfn k'jf{wf/ ljsf; a}+s lnld6]8 50,000,000 50,000,000 ‡ ‡ 50,000,000 50,000,000 ‡ ‡
%,)),))) ;+:yfks z]o/ ? !)) sf] b/n] r'Qmf
hDdf 1,070,294,721 1,935,049,287 606,541,673 1,947,488,590 1,050,155,904 1,912,953,494 599,050,280 1,933,891,271

rfn' s/ ;DklQ
cfiff9 d;fGt @)&% cg';"rL $=(
;d"x a}+s
rfn' s/ ;DklQ
rfn' jif{sf] cfo s/ ;DklQ 3,183,686,013 2,365,542,028 3,181,729,549 2,353,732,695
cl3Nnf] jif{x?sf] s/ ;DklQ 7,059,783 5,799,003 7,059,783 5,799,003
rfn' s/ bfloTj
rfn' jif{sf] cfos/ bfloTj -820,571,744_ -586,233,494_ -819,700,870_ -585,613,482_
ut jif{x?sf] s/ bfloTjx? -2,300,859,704_ -1,715,246,223_ -2,300,859,704_ -1,715,246,223_
hDdf 69,314,347 69,861,315 68,228,757 58,671,994
;xfos sDkgLdf nufgL

cfiff9 d;fGt @)&% cg';"rL $=!)
a}+s
o; jif{ ut jif{
;'lrs[t ;xfos sDkgLdf nufgL ‡ ‡
;'lrs[t gePsf] ;xfos sDkgLdf nufgL 51,000,000 51,000,000
hDdf nufgL
36fpg] M hf]lvd Joj:yf ‡ ‡
v'b lstfaL d'No 51,000,000 51,000,000
;'lrs[t ePsf ;xfos sDkgLdf nufgL

cfiff9 d;fGt @)&%
cg';"rL $=!)=!
a}+s
o; jif{ ut jif{
nfut km]o/ Eofn' nfut km]o/ Eofn'
=============================================================== ln= ‡ ‡ ‡ ‡
=============================================================== z]o/ k|lt ====================================
============================================================== ln= ‡ ‡ ‡ ‡
============================================================== z]o/ k|lt ===============================
hDdf ‡ ‡ ‡ ‡
a}+sn] s'g} klg ;'lrs[t ePsf ;xfos sDkgLdf nufgL u/]sf] 5}g .
;'lrs[t gePsf ;xfos sDkgLdf nufgL

cfiff9 d;fGt @)&% cg';"rL $=!)=@
a}+s
o; jif{ ut jif{
k/n d"No km]o/ d"No k/n d"No km]o/ d"No
l;4fy{ Soflk6n ln= 51,000,000 ;'lrs[t gePsf] 51,000,000 ;'lrs[t gePsf]
!),@),))) ;+:yfks z]o/ k|lt z]o/ ? !))
hDdf 51,000,000 ‡ 51,000,000 ‡

a}+ssf] ;xfos sDkgLx?sf] hfgsf/L
cfiff9 d;fGt @)&% cg';"rL $=!)=#
a}+s
:jfldTjsf] k|ltzt
o; jif{ ut jif{
l;4fy{ Soflk6n ln= 51% 51%
;xfos sDkgLx?sf] u}/ lgolGqt :jfy{ (Non-Controlling Interest)

cfiff9 d;fGt @)&% cg';"rL $=!)=$
a}+s
o; jif{
l;4fy{ Soflk6n ln=
NCI ;Fu /x]sf] OlSj6L :jfy{ (%) 49%
o; jif{sf] gfkmf gf]S;fg jfF8kmfF8 46,515,232
cf;f9 d;fGt @)&% df NCI ;Fu /x]sf] ;+lrt df}Hbft 192,483,499
NCI nfO{ e'QmfgL u/]sf]] nfef+z 12,250,000
ut jif{
l;4fy{ Soflk6n ln=
NCI ;Fu /x]sf] OlSj6L :jfy{ (%) 49%
o; jif{sf] gfkmf gf]S;fg jfF8kmfF8 98,627,368
cf;f9 d;fGt @)&$ df NCI ;Fu /x]sf] ;+lrt df}Hbft 171,221,164
NCI nfO{ e'QmfgL u/]sf]] nfef+z 9,800,000
;Da4 sDkgLdf nufgL

cfiff9 d;fGt @)&% cg';"rL $=!!
;d"x a}+s
;'lrs[t ;Da4 sDkgLdf nufgL ‡ ‡ ‡ ‡
;'lrs[t gePsf ;Da4 sDkgLdf nufgL ‡ ‡ ‡ ‡
hDdf nufgL ‡ ‡ ‡ ‡
36fpg] M hf]lvd Joj:yf ‡ ‡ ‡ ‡
v'b lstfjL d'No ‡ ‡ ‡ ‡
a}+sn] s'g} klg ;Da4 sDkgLdf nufgL u/]sf] 5}g .
;'lrs[t ePsf ;Da4 sDkgLdf nufgL

cfiff9 d;fGt @)&% cg';"rL $=!!=!
;d"x a}+s
nfut km]o/ nfut km]o/ nfut km]o/ nfut km]o/
d"No d"No d"No d"No
=============================================================== ln= ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
=============================================================== z]o/ k|lt ====================================
============================================================== ln= ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
============================================================== z]o/ k|lt ===============================
hDdf ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡

;'lrs[t gePsf ;Da4 sDkgLdf nufgL
cfiff9 d;fGt @)&% cg';"rL $=!!=@
;d"x a}+s
nfut km]o/ nfut km]o/ nfut km]o/ nfut km]o/
d"No d"No d"No d"No
=============================================================== ln= ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
=============================================================== z]o/ k|lt ====================================
============================================================== ln= ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
============================================================== z]o/ k|lt ===============================
hDdf ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
a}+ssf] ;Da4 sDkgLx?sf] hfgsf/L
cfiff9 d;fGt @)&% cg';"rL $=!!=#
;d"x a}+s
:ffldTjsf] k|ltzt :ffldTjsf] k|ltzt
================================== ln=
================================== ln=
;Da4 sDkgLx?sf]] OlSj6L d'No

cfiff9 d;fGt @)&% cg';"rL $=!!=$
;d"x
o; jif{ ut jif{
================================================================ ln= ‡ ‡
================================================================ ln= ‡ ‡
================================================================ ln= ‡ ‡
hDdf ‡ ‡
;DklQdf nufgL (Investment Property)

cfiff9 d;fGt @)&% cg';"rL $=!@
;d"x a}+s
km]o/ d"Nodf d'NofÍg ul/Psf] nufgL ;DklQ ‡ ‡ ‡ ‡
>fj0f ! sf] df}Hbft ‡ ‡ ‡ ‡
o; jif{sf] yk÷las|L ‡ ‡ ‡ ‡
o; jif{sf] km]]o/ d"Nodf kl/jt{g ‡ ‡ ‡ ‡
;dfof]hg÷:yfgfGt/0f ‡ ‡ ‡ ‡
v'b /sd ‡ ‡ ‡ ‡
k/n d"Nodf d'NofÍg ul/Psf] nufgL ;DklQ

>fj0f ! sf] df}Hbft 154,637,535 154,637,535 154,637,535 154,637,535
o; jif{sf] yk÷las|L ‡ ‡ ‡ ‡
;dfof]hg÷:yfgfGt/0f ‡ ‡ ‡ ‡
;+lrt x|f;s§L ‡ ‡ ‡ ‡
;+lrt hf]lvd Joj:yf ‡ ‡ ‡ ‡
v'b /sd 154,637,535 154,637,535 154,637,535 154,637,535
hDdf 154,637,535 154,637,535 154,637,535 154,637,535

;DklQ tyf pks/0f
cfiff9 d;fGt @)&% cg';"rL $=!#
;d"x
lnhxf]N8 sDKo'6/ tyf kmlg{r/ tyf cfiff9 d;fGt cfiff9 d;fGt
ljj/0f hUuf ejg kl/jxg ;fwg d]lzg/L cGo pks/0fx?
;DklQ ;fdfgx? lkmS:r/ @)&% sf] hDdf @)&$ sf] hDdf
k/n df]n
! >fj0f @)&# sf] df}Hbft 244,811,658 69,059,361 238,773,021 146,387,448 142,192,141 65,383,213 ‡ 211,403,434 1,119,592,126
o; jif{ ykM
yk ‡ ‡ 54,445,131 25,997,239 75,149,750 9,100,487 ‡ 34,742,082 199,434,688
k"FhLs[t ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
o; jif{sf] ljlqm ‡ ‡ -12,444,071_ -1,397,356_ -24,864,900_ -1,618,237_ ‡ -4,623,373_ -44,947,937_
;dfof]hg÷k'gMd"NofÍg ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
cfiff9 d;fGt @)&$ sf] df}Hbft 244,811,658 69,059,361 280,774,081 170,987,331 192,476,991 72,865,462 ‡ 241,522,143 1,301,388,499
o; jif{ yk
yk ‡ ‡ 148,806,583 38,865,709 105,791,048 13,106,853 ‡ 69,247,053 375,817,246
k"FhLs[t ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
o; jif{sf] ljlqm ‡ ‡ -2,278,821_ -2,358,429_ -64,435,715_ -575,471_ ‡ -3,480,556_ -73,128,992_
cfiff9 d;fGt @)&% sf] df}Hbft 244,811,658 69,059,361 427,301,843 207,494,610 233,832,324 85,396,844 ‡ 307,288,641 1,575,185,281
x|f;s§L tyf xfgL gf]S;fgL

! >fj0f @)&# sf] df}Hbft ‡ 10,056,385 179,920,503 70,614,387 67,605,122 39,233,595 ‡ 117,949,531 485,379,523
o; jif{sf] x|f;s§L ‡ 2,950,149 15,886,404 21,875,934 22,073,765 7,105,976 ‡ 25,313,358 95,205,586
o; jif{sf] xfgL gf]S;fgL ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
ljlqm ‡ ‡ -4,888,513_ -951,928_ -19,039,010_ -680,709_ ‡ -2,431,382_ -27,991,542_
;dfof]hg ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
cfiff9 d;fGt @)&$ sf] df}Hbft ‡ 13,006,534 190,918,394 91,538,393 70,639,877 45,658,862 ‡ 140,831,507 552,593,567
o; jif{sf] x|f;s§L ‡ 2,802,641 25,065,241 23,909,950 31,149,138 7,964,015 ‡ 30,949,555 121,840,540
ljlqm ‡ ‡ -1,405,765_ -1,986,911_ -37,588,825_ -238,432_ ‡ -2,365,976_ -43,585,909_
;dfof]hg ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
cfiff9 d;fGt @)&% sf] df}Hbft ‡ 15,809,175 214,577,870 113,461,431 64,200,190 53,384,445 ‡ 169,415,086 630,848,198
k"FhLut lgdf{0f ‡ 155,849,026 ‡ ‡ ‡ ‡ ‡ ‡ 155,849,026
v'b lstfaL d"No 244,811,658 209,099,212 212,723,973 94,033,179 169,632,134 32,012,399 ‡ 137,873,555 1,100,186,110
cfiff9 d;fGt @)&# sf] df}Hbft 244,811,658 59,002,976 58,852,518 75,773,061 74,587,018 26,149,618 ‡ 93,453,903 634,212,603
cfiff9 d;fGt @)&$ sf] df}Hbft 244,811,658 56,052,827 89,855,687 79,448,938 121,837,113 27,206,600 ‡ 100,690,636 748,794,932

a}+s
lnhxf]N8 sDKo'6/ tyf kmlg{r/ tyf cfiff9 d;fGt cfiff9 d;fGt

ljj/0f hUuf ejg kl/jxg ;fwg d]lzg/L cGo pks/0fx?
;DklQ ;fdfgx? lkmS:r/ @)&% sf] hDdf @)&$ sf] hDdf
k/n df]n
! >fj0f @)&# sf] df}Hbft 244,811,658 69,059,361 230,913,907 140,494,833 135,921,545 64,296,756 207,828,528 1,094,908,438
o; jif{ ykM
yk ‡ ‡ 42,952,735 23,301,483 70,000,750 8,521,837 ‡ 31,127,437 175,904,241
k"FhLs[t ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
o; jif{sf] ljlqm ‡ ‡ -8,578,212_ -1,364,960_ -24,864,900_ -1,618,237_ ‡ -4,605,542_ -41,031,851_
cfiff9 d;fGt @)&$ sf] df}Hbft 244,811,658 69,059,361 265,288,430 162,431,356 181,057,395 71,200,355 ‡ 234,350,423 1,257,090,450
o; jif{ yk
yk ‡ ‡ 148,777,583 36,973,926 103,291,048 13,002,441 ‡ 69,215,053 371,260,051
k"FhLs[t ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
o; jif{sf] ljlqm ‡ ‡ -2,278,821_ -2,358,429_ -64,435,715_ -575,471_ ‡ -3,480,556_ -73,128,992_
x|f;s§L tyf xfgL gf]S;fgL

! >fj0f @)&# sf] df}Hbft ‡ 10,056,385 177,683,921 68,088,070 65,733,952 38,676,140 ‡ 115,844,896 476,083,364
o; jif{sf] x|f;s§L ‡ 2,950,149 15,470,950 20,312,798 20,228,513 6,822,813 ‡ 24,486,981 90,272,204
o; jif{sf] xfgL gf]S;fgL ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
ljlqm ‡ ‡ -4,888,513_ -951,928_ -19,039,010_ -680,709_ ‡ -2,431,382_ -27,991,542_
;dfof]hg ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
cfiff9 d;fGt @)&$ sf] df}Hbft ‡ 13,006,534 188,266,358 87,448,940 66,923,455 44,818,244 ‡ 137,900,494 538,364,026
o; jif{sf] x|f;s§L ‡ 2,802,641 23,761,276 22,187,308 29,094,915 7,653,629 ‡ 29,578,369 115,078,139
ljlqm ‡ ‡ -1,405,765_ -1,986,911_ -37,588,825_ -238,432_ ‡ -2,365,976_ -43,585,909_
;dfof]hg ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡
cfiff9 d;fGt @)&% sf] df}Hbft ‡ 15,809,175 210,621,869 107,649,337 58,429,545 52,233,441 ‡ 165,112,887 609,856,255
k"FhLut lgdf{0f ‡ 155,849,026 ‡ ‡ ‡ ‡ ‡ ‡ 155,849,026
v'b lstfaL d"No 244,811,658 209,099,212 201,165,323 89,397,515 161,483,183 31,393,884 ‡ 134,972,033 1,072,322,808
cfiff9 d;fGt @)&# sf] df}Hbft 244,811,658 59,002,976 53,229,986 72,406,762 70,187,593 25,620,616 ‡ 91,983,632 618,825,074
cfiff9 d;fGt @)&$ sf] df}Hbft 244,811,658 56,052,827 77,022,072 74,982,415 114,133,940 26,382,111 ‡ 96,449,928 718,726,424

VoftL / cd"t{ ;DklQ
cfiff9 d;fGt @)&% cg';"rL $=!$
;d"x
;km\6j]o/ cfiff9 d;fGt @)&% cfiff9 d;fGt @)&$
ljj/0f Voflt cGo
vl/b ljsf; sf] hDdf sf] hDdf
k/n df]n
! >fj0f @)&# sf] df}Hbft ‡ 54,183,095 ‡ ‡ 54,183,095
o; jif{ yk
yk ‡ 12,718,372 ‡ ‡ 12,718,372
k"FhLs[t ‡ ‡ ‡ ‡ ‡
o; jif{sf] ljlqm ‡ ‡ ‡ ‡ ‡
;dfof]hg÷k'gMd'NofÍg ‡ ‡ ‡ ‡ ‡
cfiff9 d;fGt @)&$ sf] df}Hbft ‡ 66,901,466 ‡ ‡ 66,901,466
o; jif{ yk
yk ‡ 3,622,925 ‡ ‡ 3,622,925
k"FhLs[t ‡ ‡ ‡ ‡ ‡
;dfof]hg÷k'gMd"NofÍg ‡ ‡ ‡ ‡ ‡
cfiff9 d;fGt @)&% sf] df}Hbft ‡ 70,524,391 ‡ ‡ 70,524,391
x|f;s§L / xfgL gf]S;fgL

! >fj0f @)&# sf] df}Hbft ‡ 50,285,320 ‡ ‡ 50,285,320
o; jif{sf] x|f;s§L ‡ 3,063,716 ‡ ‡ 3,063,716
o; jif{sf] xfgL gf]S;fgL ‡ ‡ ‡ ‡ ‡
ljlqm ‡ ‡ ‡ ‡ ‡
;dfof]hg ‡ ‡ ‡ ‡ ‡
ciff9 d;fGt @)&$ sf] df}Hbft ‡ 53,349,036 ‡ ‡ 53,349,036
o; jif{sf] x|f;s§L ‡ 3,874,136 ‡ ‡ 3,874,136

o; jif{sf] xfgLgf]S;fgL ‡ ‡ ‡ ‡ ‡
ljlqm ‡ ‡ ‡ ‡ ‡
;dfof]hg ‡ ‡ ‡ ‡ ‡
ciff9 d;fGt @)&% sf] df}Hbft ‡ 57,223,172 ‡ ‡ 57,223,172
k"FhLut lgdf{0f ‡ ‡ ‡ ‡ ‡
v'b lstfaL d"No ‡ 13,301,220 ‡ ‡ 13,301,220

cfiff9 d;fGt @)&# sf] df}Hbft ‡ 3,897,775 ‡ ‡ 3,897,775

a}+s
;km\6j]o/ cfiff9 d;fGt @)&% cfiff9 d;fGt @)&$
ljj/0f Voflt cGo
vl/b ljsf; sf] hDdf sf] hDdf
k/n df]n
! >fj0f @)&# sf] df}Hbft ‡ 52,731,094 ‡ ‡ 52,731,094
o; jif{ yk ‡ ‡ ‡ ‡ ‡
yk ‡ 12,254,522 ‡ ‡ 12,254,522
k"FhLs[t ‡ ‡ ‡ ‡ ‡
;dfof]hg÷k'gMd'NofÍg ‡ ‡ ‡ ‡ ‡
o; jif{ yk ‡ ‡ ‡ ‡
yk ‡ 2,803,675 ‡ ‡ 2,803,675
k"FhLs[t ‡ ‡ ‡ ‡ ‡
;dfof]hg÷k'gMd"NofÍg ‡ ‡ ‡ ‡ ‡
x|f;s§L / xfgL gf]S;fgL

! >fj0f @)&# sf] df}Hbft ‡ 49,640,567 ‡ ‡ 49,640,567
o; jif{sf] x|f;s§L ‡ 2,683,708 ‡ ‡ 2,683,708
o; jif{sf] xfgL gf]S;fgL ‡ ‡ ‡ ‡ ‡
ljlqm ‡ ‡ ‡ ‡ ‡
;dfof]hg ‡ ‡ ‡ ‡ ‡
ciff9 d;fGt @)&$ sf] df}Hbft ‡ 52,324,276 ‡ ‡ 52,324,276
o; jif{sf] x|f;s§L ‡ 3,375,932 ‡ ‡ 3,375,932

o; jif{sf] xfgLgf]S;fgL ‡ ‡ ‡ ‡ ‡
ljlqm ‡ ‡ ‡ ‡ ‡
;dfof]hg ‡ ‡ ‡ ‡ ‡
ciff9 d;fGt @)&% sf] df}Hbft ‡ 55,700,208 ‡ ‡ 55,700,208
k"FhLut lgdf{0f ‡ ‡ ‡ ‡ ‡
v'b lstfaL d"No ‡ 12,089,083 ‡ ‡ 12,089,083

cfiff9 d;fGt @)&# sf] df}Hbft ‡ 3,090,526 ‡ ‡ 3,090,526

:yug s/
cfiff9 d;fGt @)&% cg';"rL $=!%
;d"x a}+s
o; jif{ o; jif{
:yug s/ :yug s/ v'b :yug s/ :yug s/ :yug s/ v'b :yug s/
;DklQ bfloTj ;DklQ÷-bfloTj_ ;DklQ bfloTj ;DklQ÷-bfloTj_
c:yfO{ leGgtfdf :yug s/
a}+s tyf ljQLo ;+:yfnfO{ lbPsf] shf{ tyf ;fk6 ‡ ‡ ‡ ‡ ‡ ‡
u|fxsnfO{ lbPsf] shf{ tyf ;fk6 ‡ ‡ ‡ ‡ ‡ ‡
nufgL ;DklQ (Investment Property) ‡ ‡ ‡ ‡ ‡ ‡
lwtf]kqdf -securities_ nufgL ‡ -263,014,355_ -263,014,355_ ‡ -263,014,355_ -263,014,355_
;DklQ tyf pks/0f 8,074,591 ‡ 8,074,591 8,074,591 ‡ 8,074,591
kl/eflift (Defined) sd{rf/L nfe of]hgf 62,519,705 ‡ 62,519,705 62,519,705 ‡ 62,519,705
lnh bfloTj ‡ ‡ ‡ ‡ ‡ ‡
Joj:yf ‡ ‡ ‡ ‡ ‡ ‡
cGo c:yfoL leGgtfx? 939,894 -69,493,096_ -68,553,203_ ‡ -69,493,096_ -69,493,096_
c:yfO{ leGgtfdf :yug s/ 71,534,190 -332,507,452_ -260,973,262_ 70,594,296 -332,507,452_ -261,913,156_
cl3 ;f/]sf] cg'kf]u s/ 3f6fdf :yug s/ ‡ ‡ ‡ ‡ ‡ ‡
s/sf] b/df kl/jt{gn] l;h{gf ePsf] :yug s/ ‡ ‡ ‡ ‡ ‡ ‡
cfiff9 d;fGt @)&% df v'b :yug s/ ;DklQ÷-bfloTj_ -260,973,262_ -261,913,156_
! >fj0f @)&$ :yug s/ -;DklQ_÷bfloTj 403,471,997 393,804,733
o; jif{ l;h{gf ePsf]÷-lkmtf{ ePsf]_ -142,498,735_ -131,891,577_
gfkmf gf]S;fg lx;fadf b]vfOPsf] :yug s/ vr{÷-cfDbfgL_ 4,375,430 6,262,478

cGo lj:t[t cfDbfgLdf b]vfOPsf] :yug s/ vr{÷-cfDbfgL_ -146,874,165_ -138,154,055_
OlSj6Ldf l;w} b]vfOPsf] :yug s/ vr{÷-cfDbfgL_ ‡ ‡
;d"x a}+s
ut jif{ ut jif{
:yug s/ :yug s/ v'b :yug s/ :yug s/ v'b :yug s/
:yug s/ bfloTj
;DklQ bfloTj ;DklQ÷-bfloTj_ ;DklQ ;DklQ÷-bfloTj_
c:yfO{ leGgtfdf :yug s/
a}+s tyf ljQLo ;+:yfnfO{ lbPsf] shf{ tyf ;fk6 ‡ ‡ ‡ ‡ ‡ ‡
u|fxsnfO{ lbPsf] shf{ tyf ;fk6 ‡ ‡ ‡ ‡ ‡ ‡
nufgL ;DklQ (Investment Property) ‡ ‡ ‡ ‡ ‡ ‡
lwtf]kqdf -securities_ nufgL ‡ -400,330,381_ -400,330,381_ ‡ -400,330,381_ -400,330,381_
;DklQ tyf pks/0f 11,321,114 ‡ 11,321,114 11,321,114 ‡ 11,321,114
kl/eflift (Defined) sd{rf/L nfe of]hgf 64,697,630 ‡ 64,697,630 64,697,630 ‡ 64,697,630
lnh bfloTj ‡ ‡ ‡ ‡ ‡ ‡
Joj:yf ‡ ‡ ‡ ‡ ‡ ‡
cGo c:yfoL leGgtfx? ‡ -79,160,360_ -79,160,360_ ‡ -69,493,096_ -69,493,096_
c:yfO{ leGgtfdf :yug s/ 76,018,744 -479,490,741_ -403,471,997_ 76,018,744 -469,823,477_ -393,804,733_
cl3 ;f/]sf] cg'kf]u s/ 3f6fdf :yug s/ ‡ ‡ ‡ ‡ ‡ ‡
s/sf] b/df kl/jt{gn] l;h{gf ePsf] :yug s/ ‡ ‡ ‡ ‡ ‡ ‡
cfiff9 d;fGt @)&$ df v'b :yug s/ ;DklQ÷-bfloTj_ -403,471,997_ -393,804,733_
! >fj0f @)&# :yug s/ -;DklQ_÷bfloTj 433,421,550 422,621,868
o; jif{ l;h{gf ePsf]÷-lkmtf{ ePsf]_ -29,949,554_ -28,817,136_
gfkmf gf]S;fg lx;fadf b]vfOPsf] :yug s/ vr{÷-cfDbfgL_ -13,214,153_ -14,094,306_

cGo lj:t[t cfDbfgLdf b]vfOPsf] :yug s/ vr{÷-cfDbfgL_ -16,735,400_ -14,722,830_
OlSj6Ldf l;w} b]vfOPsf] :yug s/ vr{÷-cfDbfgL_ ‡ ‡

cGo ;DklQ
cfiff9 d;fGt @)&% cg';"rL $=!^
;d"x a}+s
ljqmLsf nflu pknAw ;Dklt ‡ ‡ ‡ ‡
cGo u}}/ a}+lsË ;DklQx? ‡ ‡ ‡ ‡
lng afFsL ljN; ‡ ‡ ‡ ‡
lng afFsL cf;fdL 221,088,591 104,914,740 220,661,501 74,448,096
lng afFsL cfDbfgL 134,424,883 78,390,395 134,424,883 78,390,395
clu|d e'QmfgL 822,309,734 197,541,984 786,611,205 176,429,758
cfos/ hDdf ‡ ‡ ‡ ‡
:yug sd{rf/L vr{ 15,264,698 16,912,296 15,264,698 16,912,296
cGo 81,515,953 19,052,267 79,487,826 13,560,822
hDdf cGo ;DklQ 1,274,603,859 416,811,682 1,236,450,112 359,741,367
a}+s tyf ljQLo ;+:yfx?nfO{ ltg{ af“sL

cfiff9 d;fGt @)&% cg';"rL $=!&
;d"x a}+s
gubL ahf/sf] lgIf]k (Money Market Deposits) ‡ ‡ ‡ ‡
cGt/ a}+s ;fk6L 279,862,500 ‡ 279,862,500 ‡
a}+s tyf ljQLo ;+:yfx?jf6 cGo lgIf]k ‡ ‡ ‡ ‡
/fkm;fkm tyf clearing vftf ‡ ‡ ‡ ‡
cGo 7,168,652,211 5,901,743,130 7,168,652,211 5,901,743,130
hDdf a}+s tyf ljQLo ;+:yfx?nfO{ ltg{ afFsL 7,448,514,711 5,901,743,130 7,448,514,711 5,901,743,130
g]kfn /fi6« a}+snfO{ ltg{ af“sL

cfiff9 d;fGt @)&%
cg';"rL $=!*
;d"x a}+s
g]kfn /fi6« a}+saf6 k'gs{hf{ 692,426,920 505,714,039 692,426,920 505,714,039
:yfoL t/ntf ;'ljwf ‡ ‡ ‡ ‡
g]kfn /fi6« a}+saf6 lender of last resort ;'ljwf ‡ ‡ ‡ ‡
k'gM vl/b ;Demf}tf cGtu{t ljlqm ul/Psf] lwtf]kq -securities_ ‡ ‡ ‡ ‡
g]kfn /fi6« a}+snfO{ ltg'{ kg]{ cGo /sd ‡ ‡ ‡ ‡
hDdf g]kfn /fi6« a}+snfO{ ltg{ afFsL 692,426,920 505,714,039 692,426,920 505,714,039
8]l/e]l6e ljQLo pks/0f

cfiff9 d;fGt @)&% cg';"rL $=!(
;d"x a}+s
Jofkfl/s k|of]hgsf] nflu wf/0f
d'b|f :jfk ‡ ‡ ‡ ‡
clu|d ljlgdo ;Demf}tf 73,754,800 ‡ 73,754,800 ‡
cGo ‡ ‡ ‡ ‡
hf]lvd Joj:yfkgsf] lglDt wf/0f
d'b|f :jfk ‡ ‡ ‡ ‡
clu|d ljlgdo ;Demf}tf ‡ ‡ ‡ ‡
cGo ‡ ‡ ‡ ‡
hDdf 8]l/e]l6e ljQLo pks/0f 73,754,800 ‡ 73,754,800 ‡

u|fxssf] lgIf]k
cfiff9 d;fGt @)&% cg';"rL $=@)
;d"x a}+s
;+:yfks u|fxs M
cfjlws -d'2tL_ lgIf]k 26,141,013,432 22,329,726,483 26,141,013,432 22,329,726,483
dfu]sf] avt k|fKt x'g] lgIf]k 16,175,013,884 14,209,827,738 16,509,215,023 15,187,897,738
rNtL lgIf]k 7,958,909,586 3,495,203,512 7,958,909,586 3,495,203,512
cGo 1,971,895,030 1,081,609,576 1,971,895,030 1,081,609,576
JolQmut u|fxs M
cfjlws -d'2tL_ lgIf]k 14,525,830,135 10,713,915,552 14,525,830,135 10,713,915,552
art lgIf]k 26,038,869,764 17,620,456,532 26,038,869,764 17,620,456,532
rNtL lgIf]k 780,776,903 226,705,345 780,776,903 226,705,345
cGo 653,081,250 760,301,431 653,081,250 760,301,431
hDdf u|fxssf] lgIf]k 94,245,389,984 70,437,746,169 94,579,591,123 71,415,816,169
u|fxssf] lgIf]ksf] d'b|f adf]lhd ljZn]if0f

cfiff9 d;fGt @)&% cg';"rL $=@)=!
;d"x a}+s
g]kfnL ?k}+of 93,844,231,981 69,949,584,303 94,178,433,120 70,927,654,303
ef/tLo ?k}Fof ‡ ‡ ‡ ‡
cd]l/sg 8n/ 371,451,691 468,098,941 371,451,691 468,098,941
u|]6 lj|6]g kfpG8 7,925,471 7,247,573 7,925,471 7,247,573
o"/f] 4,672,601 2,576,376 4,672,601 2,576,376
hfklgh o]g 14,799,893 10,238,976 14,799,893 10,238,976
rfOlgh o'cfg ‡ ‡ ‡ ‡
cGo 2,308,348 ‡ 2,308,348 ‡
hDdf 94,245,389,984 70,437,746,169 94,579,591,123 71,415,816,169
ltg{ af“sL shf{ ;fk6L
cfiff9 d;fGt @)&% cg';"rL $=@!
;d"x a}+s
:jb]zL ;fk6L
g]kfn ;/sf/ ‡ ‡ ‡ ‡
cGo ;+:yf ‡ ‡ ‡ ‡
cGo ‡ ‡ ‡ ‡
hDdf ‡ ‡ ‡ ‡
ljb]zL ;fk6L
ljb]zL a}+s tyf ljQLo ;+:yf ‡ ‡ ‡ ‡
ax'klIfo ljsf; a}+s ‡ ‡ ‡ ‡
cGo ;+:yf ‡ ‡ ‡ ‡
hDdf ‡ ‡ ‡ ‡
hDdf ltg{ afFsL shf{ ;fk6L ‡ ‡ ‡ ‡
Joj:yf
cfiff9 d;fGt @)&% cg';"rL $=@@
;d"x a}+s
nfk/jfxL -redundancy_ sf] nflu Joj:yf ‡ ‡ ‡ ‡
k'gM;+/rgfsf] nflu Joj:yf ‡ ‡ ‡ ‡
yfFtL sfg'gL tyf s/sf] d'4f dfldnf ‡ ‡ ‡ ‡
Onerous ;Demf}tf ‡ ‡ ‡ ‡
cGo ‡ ‡ ‡ ‡
hDdf ‡ ‡ ‡ ‡

Joj:yfsf] ultljlw
cfiff9 d;fGt @)&% cg';"rL $=@@=!
;d"x a}+s
! >fj0fsf] df}Hbft ‡ ‡ ‡ ‡
o; jif{ ul/Psf] Aoj:yf ‡ ‡ ‡ ‡
o; jif{ pkof]u ul/Psf] Aoj:yf ‡ ‡ ‡ ‡
o; jif{ lkmtf{ ePsf] Aoj:yf ‡ ‡ ‡ ‡
Unwind of discount ‡ ‡ ‡ ‡
cfiff9 d;fGtsf] df}Hbft ‡ ‡ ‡ ‡
cGo bfloTj
cfiff9 d;fGt @)&% cg';"rL $=@#
;d"x a}+s
kl/eflift sd{rf/L nfe of]hgf ;DalGw bfloTj 77,379,401 93,027,044 75,446,421 91,752,004
lb3{sflng ;]jf ljbf jfktsf] bfloTj 134,358,296 124,820,413 132,952,596 123,906,764
cNksflng sd{rf/L nfe 3,476,719 1,350,817 2,505,202 1,240,027
ltg{ afFsL ljN; 34,086,897 26,258,168 34,086,897 26,258,168
qm]l86;{ tyf aSof}tf 431,862,261 229,375,052 428,972,665 216,420,638
lgIf]kdf ltg{ afFsL Jofh 110,874,420 82,539,297 110,874,420 82,539,297
;fk6Ldf ltg{ afFsL Jofh 53,243,079 53,158,718 53,243,079 53,158,718
:yug cg'bfg cfosf] bfloTj ‡ ‡ ‡ ‡
ltg{ jfFsL nfef+z 22,027,766 22,067,619 22,027,766 22,067,619
ljlQo lnh cGtu{tsf] bfloTj ‡ ‡ ‡ ‡
ltg{ afFsL sd{rf/L jf]g; 317,425,053 223,187,186 303,336,095 196,568,800
cGo 1,103,381,347 878,658,422 743,224,421 232,407,972
hDdf 2,288,115,239 1,734,442,735 1,906,669,561 1,046,320,007
kl/eflift nfe of]hgf (Defined Benefit) ;DalGw bfloTjx?

cfiff9 d;fGt @)&%
cg';"rL $=@#=!
;d"x a}+s
ljQLo cj:yfsf] ljj/0f -jf;nft_ df n]vf+sg ul/Psf /sdx? lgDg adf]lhd 5g\ .
u}/ sf]ifdf cfwfl/t bfloTjsf] xfnsf] d"No 3,338,680 2,188,689 ‡ ‡
sf]ifdf cfwfl/t bfloTjsf] xfnsf] d"No 264,149,852 246,321,811 264,149,852 246,321,811
bfloTjsf] s"n xfnsf] d"No 267,488,532 248,510,500 264,149,852 246,321,811
;'ljwf of]hgf ;DklQ -plan assets_ sf] km]o/ d"No 188,703,431 154,569,807 188,703,431 154,569,807
v'b bfloTjsf] xfnsf] d'No 78,785,101 93,940,693 75,446,421 91,752,004
kl/eflift nfe of]]hgf ;DalGw n]vf+lst bfloTj 78,785,101 93,940,693 75,446,421 91,752,004
of]hgf ;DklQ
cfiff9 d;fGt @)&% cg';"rL $=@#=@
;d"x a}+s
;'ljwf of]hgf ;DklQ -plan assets_ cGtu{tM
OlSj6L lwtf]kq -securities_ ‡ ‡ ‡ ‡
;/sf/L aG8 ‡ ‡ ‡ ‡
a}+s lgIf]k ‡ ‡ ‡ ‡
cGo 188,703,431 154,569,807 188,703,431 154,569,807
hDdf 188,703,431 154,569,807 188,703,431 154,569,807

kl/eflift (Defined) nfe of]hgf ;DjlGw bfloTjdf xfnsf] d"Nodf kl/jt{g
cfiff9 d;fGt @)&% cg';"rL $=@#=#
;d"x a}+s
>fj0f ! df kl/eflift (Defined) nfe of]hgf ;DjlGw bfloTj 248,510,500 174,888,747 246,321,811 173,641,238
ljdflÍs -actuarial_ gf]S;fgL 2,677,979 44,364,114 2,793,432 43,980,266
of]hgfaf6 k|fKt nfe -26,261,001_ -13,684,460_ -26,192,177_ -13,423,160_
rfn' ;'ljwf vr{ tyf Jofh 42,561,054 42,942,099 41,226,786 42,123,467
cfiff9 d;fGtdf kl/eflift (Defined) nfe of]hgf ;DjlGw bfloTj 267,488,532 248,510,500 264,149,852 246,321,811
of]hgf ;DklQsf] km]o/ d"Nodf kl/jt{g

cfiff9 d;fGt @)&% cg';"rL $=@#=$
;d"x a}+s
>fj0f ! df of]hgf ;DklQsf] km]o/ d"No 154,569,807 107,674,645 154,569,807 107,674,645
of]hgfdf k|bfg ul/Psf] of]ubfg 60,325,801 60,318,322 60,325,801 60,318,322
jif{e/L lt/]sf]] nfe -26,192,177_ -13,423,160_ -26,192,177_ -13,423,160_
ljdflÍs (Actuarial) gfkmf÷-gf]S;fg_ ‡ ‡ ‡ ‡
of]hgf ;DklQaf6 ck]lIft kmfObf ‡ ‡ ‡ ‡
cfiff9 d;fGtdf of]hgf ;DklQsf] km]o/ d"No 188,703,431 154,569,807 188,703,431 154,569,807
gfkmf gf]S;fgdf n]vf+sg ul/Psf] /sd

cfiff9 d;fGt @)&% cg';"rL $=@#=%
;d"x a}+s
rfn' ;'ljwf vr{ 23,345,647 29,393,139 22,181,925 28,663,252
bfloTjdf Jofh 19,215,407 13,548,960 19,044,861 13,460,215
of]hgf ;DklQaf6 ck]lIft kmfObf ‡ ‡ ‡ ‡
hDdf 42,561,054 42,942,099 41,226,786 42,123,467
cGo lj:t[t cfDbfgLdf b]vfOPsf] /sd

cfiff9 d;fGt @)&% cg';"rL $=@#=^
;d"x a}+s
ljdflÍs (Actuarial) -gfkmf_÷gf]S;fg 2,677,979 44,364,114 2,793,432 43,980,266
hDdf 2,677,979 44,364,114 2,793,432 43,980,266
ljdfl°s (Actuarial) cg'dfgx?

cfiff9 d;fGt @)&%
cg';"rL $=@#=&
;d"x a}+s
Discount b/ 9% 8% 9% 8%
of]hgf ;DklQaf6 ck]lIft kmfObf 0% 0% 0% 0%
eljiosf] tnj a[l4 10% 10% 10% 10%
Withdrawl b/ 10% 10% 10% 10%
hf/L ul/Psf] C0fkq

cfiff9 d;fGt @)&% cg';"rL $=@$
;d"x a}+s
km]o/ d"NonfO{ gfkmf gf]S;fg lx;fadf b]vfOg] u/L hf/L ul/Psf] C0f kq ‡ ‡ ‡ ‡
kl/iff]lwt d"Nodf (Amortized Cost) hf/L u/LPsf] C0f kq 1,203,520,000 1,203,520,000 1,203,520,000 1,203,520,000
hDdf 1,203,520,000 1,203,520,000 1,203,520,000 1,203,520,000

;'/If0f g/flvPsf] ;xfos cfjlBs bfloTj
cfiff9 d;fGt @)&% cg';"rL $=@%
;d"x a}+s
r'Qmf x'g] cu|flwsf/ z]o/ ‡ ‡ ‡ ‡
r'Qmf gx'g] ;+lrt cu|flwsf/ z]o/ ‡ ‡ ‡ ‡
cGo ‡ ‡ ‡ ‡
hDdf ‡ ‡ ‡ ‡
z]o/ k"“hL
cfiff9 d;fGt @)&% cg';"rL $=@^
;d"x a}+s
;fwf/0f z]o/ 8,464,385,276 6,628,878,942 8,464,385,276 6,628,878,942
kl/jTo{ cu|flwsf/ z]o/ ‡ ‡ ‡ ‡
r'Qmf gx'g] cu|flwsf/ z]o/ ‡ ‡ ‡ ‡
Perpetual C0f ‡ ‡ ‡ ‡
hDdf 8,464,385,276 6,628,878,942 8,464,385,276 6,628,878,942
;fwf/0f z]o/
cfiff9 d;fGt @)&% cg';"rL $=@^=!
a}+s
o; jif{ ut jif{
clws[t k"FhL
!)%,))),))), ;fwf/0f z]o/ k|lt ?= !)) 10,500,000,000 10,500,000,000
hf/L k"FhL
*$,^$#,*%@=&%, ;fwf/0f z]o/ k|lt ?= !)) 8,464,385,276 5,250,859,342
r'Qmf k"FhL
*$,^$#,*%@=&%, ;fwf/0f z]o/ k|lt ?= !)) 8,464,385,276 5,250,859,342
sn Og P8efG; ‡ 1,378,019,600
hDdf 8,464,385,276 6,628,878,942

;fwf/0f z]o/ :jfldTj
cfiff9 d;fGt @)&% cg';"rL $=@^=@
a}+s
o; jif{ ut jif{
k|ltzt /sd k|ltzt /sd
:jb]zL :jfldTj
g]kfn ;/sf/ ‡ ‡ ‡ ‡
Æsæ ju{sf Ohfhtkq k|fKt ;+:yfx? ‡ ‡ ‡ ‡
cGo Ohfhtkq k|fKt ;+:yfx? ‡ ‡ ‡ ‡
cGo ;+:yfx? ‡ ‡ ‡ ‡
;j{;fwf/0f 49 4,147,548,785 49 2,572,921,078
cGo 51 4,316,836,491 51 2,677,938,264
j}b]lzs :jfldTj ‡ ‡ ‡ ‡
hDdf 100 8,464,385,276 100 5,250,859,342
hu]8f tyf sf]ifx?

cfiff9 d;fGt @)&% cg';"rL $=@&
;d"x a}+s
a}wflgs hu]8f sf]if 1,756,853,143 1,372,534,815 1,740,422,893 1,359,610,592
;6xL ;lds/0f sf]if 31,125,658 31,125,658 31,125,658 31,125,658
;+:yfut ;fdflhs pQ/bfloTj sf]if 31,802,370 13,861,755 31,802,370 13,861,755
k"FhL lkmtf{ hu]8f sf]if ‡ ‡ ‡ ‡
lgodgsf/L sf]if 637,822,724 ‡ 637,822,724 ‡
nufgL ;dfof]hg sf]if 71,760,000 79,443,454 71,760,000 79,443,454
k"FhLut hu]8f sf]if 51,000,000 ‡ ‡ ‡
;DklQ k"gd'{Nof°g sf]if ‡ ‡ ‡ ‡
km]o/ d"No sf]if 613,700,162 934,104,221 613,700,162 934,104,221
nfef+z ;lds/0f sf]if ‡ ‡ ‡ ‡
ljdflÍs (Actuarial) gfkmf÷-gf]S;fg_ sf]if -45,801,803_ -43,846,401_ -45,801,803_ -43,846,401_
laif]z sf]if ‡ ‡ ‡ ‡
cGo sf]if
!= k"FhL ;dfof]hg sf]if 19,427,832 19,427,832 19,427,832 19,427,832
@= sd{rf/L tflnd sf]if 3,710,794 2,433,383 3,710,794 2,433,383
#= C0fkq e'QmfgL sf]if 827,954,849 656,023,420 827,954,849 656,023,420
hDdf 3,999,355,730 3,065,108,138 3,931,925,480 3,052,183,915
;Defljt bfloTj tyf k|ltj4tf

cfiff9 d;fGt @)&% cg';"rL $=@*
;d"x a}+s
;Defljt bfloTjx? 17,417,620,303 11,102,403,225 16,295,503,303 11,102,403,225
cg'kof]u tyf cljtl/t ;'ljwfx? 6,455,775,720 4,070,523,809 6,455,775,720 4,070,523,809
k"FhL k|ltj4tf ‡ ‡ ‡ ‡
lnh k||ltj4tf ‡ ‡ ‡ ‡
d'2f dfldnf 117,363,600 10,063,273 117,363,600 10,063,273
hDdf ;Defljt bfloTj tyf k|ltj4tf 23,990,759,623 15,182,990,307 22,868,642,623 15,182,990,307

;Defljt bfloTjx?
cfiff9 d;fGt @)&% cg';"rL $=@*=!
;d"x a}+s
:jLsfo{ tyf 8s'd]G6«L qm]l86 10,419,639,777 7,077,139,301 10,419,639,777 7,077,139,301
sn]S;gdf /x]sf ljnx? 512,053,637 219,664,475 512,053,637 219,664,475
Forward Exchange Contract ‡ ‡ ‡ ‡
hdfgtx? 5,363,809,890 3,805,599,448 5,363,809,890 3,805,599,448
k|Tofe"lt k|ltj4tfx? 1,122,117,000 ‡ ‡ ‡
cGo k|ltj4tfx? ‡ ‡ ‡ ‡
hDdf ;Defljt bfloTjx? 17,417,620,303 11,102,403,225 16,295,503,303 11,102,403,225
cg'kof]u tyf cljtl/t ;'ljwfx?

cfiff9 d;fGt @)&% cg';"rL $=@*=@
;d"x a}+s
cljtl/t shf{ /sd ‡ ‡ ‡ ‡
cf]e/8«fkm\6sf] cg'kof]u l;df 5,857,604,530 3,632,736,847 5,857,604,530 3,632,736,847
qm]l86 sf8{sf] cg'kof]u l;df 598,171,190 437,786,962 598,171,190 437,786,962
k|lttkqsf] cg'kof]u l;df ‡ ‡ ‡ ‡
hdfgtsf] cg'kof]u l;df ‡ ‡ ‡ ‡
hDdf cg'kof]u tyf cljtl/t ;'ljwfx? 6,455,775,720 4,070,523,809 6,455,775,720 4,070,523,809
k"“hL k|ltj4tf
cfiff9 d;fGt @)&% cg';"rL $=@*=#
a}+ssf] ;DjlGwt clwsf/Låf/f :jLs[t t/ ljQLo ljj/0fdf Joj:yf gul/Psf] k"FhLut vr{
;d"x a}+s
;DklQ tyf pks/0f ;DaGwL k"FhL k|ltj4tf
:jLs[t / ;Demf}tf ul/Psf] ‡ ‡ ‡ ‡
:jLs[t t/ ;Demf}tf gul/Psf] ‡ ‡ ‡ ‡
hDdf ‡ ‡ ‡ ‡
cd't{ ;DklQ ;DaGwL k"FhL k|ltj4tf
l:js[t / ;Demf}tf ul/Psf] ‡ ‡ ‡ ‡
l:js[t t/ ;Demf}tf gul/Psf] ‡ ‡ ‡ ‡
hDdf ‡ ‡ ‡ ‡
hDdf k"FhL k|ltj4tf ‡ ‡ ‡ ‡
lnh k|ltj4tf
cfiff9 d;fGt @)&% cg';"rL $=@*=$
;d"x a}+s
;+rflnt lnh k|ltj4tf
a}+s lessee ePsf] v08df /2 ug{ g;lsg] ;+rflnt lnh cGtu{t
eljiodf sDtLdf e'QmfgL ug'{kg]{ /sd
Ps jif{ eGbf sd ‡ ‡ ‡ ‡
Ps jif{ eGbf a9L t/ % jif{ eGbf sd ‡ ‡ ‡ ‡
% jif{eGbf a9L ‡ ‡ ‡ ‡
hDdf ‡ ‡ ‡ ‡
ljQ lnh k|ltj2tf
a}+s lessee ePsf] v08df /2 ug{ g;lsg] ljQLo lnh cGtu{t
eljiodf sDtLdf e'QmfgL ug'{kg]{ /sd
Ps jif{ eGbf sd ‡ ‡ ‡ ‡
Ps jif{ eGbf a9L t/ % jif{ eGbf sd ‡ ‡ ‡ ‡
% jif{eGbf a9L ‡ ‡ ‡ ‡
hDdf ‡ ‡ ‡ ‡
hDdf lnh k|ltj4tf ‡ ‡ ‡ ‡

d'2f dfldnf
cfiff9 d;fGt @)&% cg';"rL $=@*=%
;d"x a}+s
l;4fy{ a}+s ln= sf] cfos/ ;DalGw d'2f dfldnf
cf=j= @)^&–^* 3,447,711 3,447,711 3,447,711 3,447,711
cf=j= @)^*–^( 2,720,739 2,720,739 2,720,739 2,720,739
cf=j= @)^(–&) 3,894,823 3,894,823 3,894,823 3,894,823
hDdf 10,063,273 10,063,273 10,063,273 10,063,273
;fljs lahg]; o'lge;{n 8]enkd]G6 a}+s ln= -l;4fy{ a}+s ln= ;Fu
uflePsf]_ sf] cfos/ ;DalGw d'2f dfldnf
cf=j= @)&)–&! 107,300,327 ‡ 107,300,327 ‡
hDdf 107,300,327 ‡ 107,300,327 ‡
hDdf d'2f dfldnf 117,363,600 10,063,273 117,363,600 10,063,273
Jofh cfDbfgL
cfiff9 d;fGt @)&% cg';"rL $=@(
;d"x a}+s
gub tyf gub ;dfg 74,230,293 88,434,166 74,230,293 88,434,166
g]kfn /fi6« a}+sdf /x]sf] df}Hbft tyf lng' kg]{ ‡ ‡ ‡ ‡
a}+s tyf ljQLo ;+:Yffdf /x]sf] df}Hbft 41,093,559 234,191,190 2,085,250 2,186,917
a}+s tyf ljQLo ;+:YffnfO{ lbPsf] shf{ tyf ;fk6 ‡ ‡ ‡ ‡
u|fxsnfO{ lbPsf] shf{ tyf ;fk6 9,473,920,972 6,198,333,612 9,473,920,972 6,198,333,612
lwtf]kqdf (securities) nufgL 467,661,342 303,165,237 467,661,342 303,165,237
sd{rf/L shf{ tyf ;fk6 39,267,006 33,281,149 39,104,737 33,182,791
cGo ‡ ‡ ‡ ‡
hDdf Jofh cfDbfgL 10,096,173,172 6,857,405,354 10,057,002,594 6,625,302,722
Jofh vr{
cfiff9 d;fGt @)&% cg';"rL $=#)
;d"x a}+s
a}+s tyf ljQLo ;+:Yffx?nfO{ ltg{ afFsL ‡ ‡ ‡ ‡
g]kfn /fi6« a}+snfO{ ltg{ afFsL 30,742,353 1,670,766 30,742,353 1,670,766
u|fxssf] lgIf]k 6,429,916,195 3,861,682,000 6,462,841,123 3,885,892,000
ltg{ afFsL shf{ ;fk6L 21,378,980 4,821,072 21,378,980 4,821,072
hf/L C0fkq 105,781,600 105,781,600 105,781,600 105,781,600
;'/If0f g/flvPsf] ;xfos cfjlBs bfloTj ‡ ‡ ‡ ‡
cGo ‡ ‡ ‡ ‡
hDdf Aofh vr{ 6,587,819,129 3,973,955,438 6,620,744,057 3,998,165,438

z'Ns tyf sldzg cfDbfgL
cfiff9 d;fGt @)&% cg';"rL $=#!
;d"x a}+s
shf{ Joj:yfkg tyf k|zf;lgs z'Ns 271,765,045 158,068,927 271,765,045 158,068,927
;]jf z'Ns 31,460,847 29,263,392 25,420,197 18,808,794
sG;f]{l6od z'Ns ‡ ‡ ‡ ‡
k|ltj4tf z'Ns 2,727,975 2,164,536 2,727,975 2,164,536
l8l8÷l6l6÷l:jkm\6 z'Ns 19,182,517 14,578,859 19,182,517 14,578,859
qm]l86 sf8{ ÷P=6L=Pd hf/L / gljs/0f z'Ns 141,090,933 124,876,020 141,090,933 124,876,020
k"j{ e'QmfgL tyf :jfk z'Ns 30,165,556 17,356,218 30,165,556 17,356,218
nufgL a}+lsË z'Ns 19,711,966 22,036,871 ‡ ‡
;DklQ Joj:yfkg z'Ns 46,130,608 45,297,306 ‡ ‡
a|f]s/]h z'Ns 13,731,618 13,726,175 ‡ ‡
ljk|]if0f z'Ns 46,127,597 43,597,726 46,127,597 43,597,726
k|lttkqaf6 sldzg 74,250,862 44,694,755 74,250,862 44,694,755
hdfgtkq hf/Laf6 sldzg 55,081,333 38,964,059 55,081,333 38,964,059
z]o/ k|Tofe"lt÷hf/Laf6 sldzg ‡ ‡ ‡ ‡
ns/ ef8f 3,810,160 3,419,758 3,810,160 3,419,758
cGo z'Ns tyf sldzg cfDbfgL
!= P=6L=Pd PS;]; z'Ns 34,314,000 19,933,000 34,314,000 19,933,000
@= Ph]G;L sld;g 29,520,852 11,820,287 29,520,852 11,820,287
#= laN; vl/b tyf l8:sfpG6 sld;g 22,797,871 15,495,925 22,797,871 15,495,925
$= M-Connect jflif{s z'Ns 11,313,222 1,450,600 11,313,222 1,450,600
%= lk|k]8 sf8{ jflif{s z'Ns 1,209,421 1,624,320 1,209,421 1,624,320
^= E-Com ;DalGw cfo 1,144,361 859,114 1,144,361 859,114
&= ;b:otf z'Ns 878,125 1,300,470 878,125 1,300,470
*= PIN k'gMhf/L z'Ns 129,699 544,067 129,699 544,067
(= PS;r]Gh z'Ns 56,936 49,202 56,936 49,202
!)=ljljw 10,090,940 2,781,087 8,717,379 2,004,339
hDdf z'Ns tyf sldzg cfDbfgL 866,692,444 613,902,674 779,704,041 521,610,976
z'Ns tyf sldzg vr{

cfiff9 d;fGt @)&% cg';"rL $=#@
;d"x a}+s
P=6L=Pd Joj:yfkg z'Ns 13,601,298 8,328,647 13,601,298 8,328,647
VISA÷df:6/ sf8{ z'Ns 62,454,488 53,593,874 62,454,488 53,593,874
hdfgtkq sldzg ‡ ‡ ‡ ‡
a|f]s/]h ‡ ‡ ‡ ‡
l8l8÷l6l6÷l:jkm\6 z'Ns 5,945,465 4,164,597 5,945,465 4,164,597
ljk|]if0f z'Ns tyf sldzg 16,445,021 32,981,642 16,445,021 32,981,642
cGo z'Ns tyf sldzg vr{
!= ECC sf/f]jf/ z'Ns 10,895,795 9,299,997 10,895,795 9,299,997
@= sf8{ ;DalGw z'Ns 6,140,783 3,533,284 6,140,783 3,533,284
#= ;b:otf z'Ns 3,457,404 2,864,670 3,457,404 2,864,670
$= zfvf/lxt a}+lsË ;DalGw z'Ns 3,429,592 2,464,868 3,429,592 2,464,868
%= a}+s z'Ns 2,826,539 2,010,363 2,826,539 2,010,363
^= ASBA z'Ns tyf rfh{x? 1,550,580 245,238 1,550,580 245,238
&= IPS sf/f]jf/ z'Ns tyf rfh{x? 569,016 246,918 569,016 246,918
*= ljljw 11,440,605 15,716,210 587,296 205,604
hDdf z'Ns tyf sldzg vr{ 138,756,585 135,450,309 127,903,277 119,939,703

v'b Jofkfl/s cfDbfgL
cfiff9 d;fGt @)&% cg';"rL $=##
;d"x a}+s
Jofkfl/s ;DklQsf] km]o/ d"Nodf kl/jt{g -18,472,242_ -1,422,641_ -14,323,316_ -4,677,397_
Jofkfl/s ;DklQsf] ljlqmdf ePsf] cfDbfgL÷-gf]S;fg_ 545,396 10,318,487 545,396 10,318,487
Jofkfl/s ;DklQdf Jofh cfDbfgL ‡ ‡ ‡ ‡
Jofkfl/s ;DklQdf nfef+z cfDbfgL 265,693 64 265,693 64
ljb]zL ;6xL sf/]fjf/df cfDbfgL÷-gf]S;fg_ 272,192,937 139,530,024 272,192,937 139,530,024
cGo ‡ ‡ ‡ ‡
v'b Jofkfl/s cfDbfgL 254,531,783 148,425,934 258,680,709 145,171,178
cGo ;+rfng cfDbfgL

cfiff9 d;fGt @)&% cg';"rL $=#$
;d"x a}+s
ljb]zL ljlgdosf] k'gd{'NofÍg cfDbfgL -5,131,613_ 25,225,852 -5,131,613_ 25,225,852
lwtf]kqdf -securities_ nufgL ljqmLaf6 cfDbfgL÷-gf]S;fg_ 100,579,519 104,478,665 100,579,519 104,478,665
nufgL ;Dklt (Investment Property) sf] km]o/ d"Nodf cfDbfgL÷-gf]S;fg_ ‡ ‡ ‡ ‡
OlSj6L pks/0fdf nfef+z 24,134,242 19,271,010 24,134,242 19,271,010
;DklQ tyf pks/0f ljqmLdf cfDbfgL÷-gf]S;fg_ 1,938,239 1,297,704 1,938,239 454,564
nufgL ;DklQsf] ljqmLdf cfDbfgL÷-gf]S;fg_ 11,785,115 ‡ 11,785,115 ‡
;+rflnt lnhsf] cfDbfgL ‡ ‡ ‡ ‡
;'g tyf rfFbLsf] ljlqmdf cfDbfgL÷-gf]S;fg_ 12,283,331 11,453,305 12,283,331 11,453,305
ns/ ef8f ‡ ‡ ‡ ‡
cGo
!= e'QmfgL ldlt ;Dd wf/0f ug]{ nufgLdf nfef+z 115,065,771 64,792,117 115,065,771 64,792,117
@= Nostro a}+sx?af6 k|fKt l/a]6 24,197,780 6,200,344 24,197,780 6,200,344
#= cNk ;"rgf z'Ns 5,685,304 1,806,624 5,685,304 1,806,624
$= ljljw 65,065,615 15,258,420 17,959,560 8,539,300
hDdf cGo ;+rfng cfDbfgL 355,603,302 249,784,042 308,497,248 242,221,782
shf{sf] hf]lvd Joj:yf÷-lkmtf{_ tyf cGo gf]S;fgL

cfiff9 d;fGt @)&% cg';"rL $=#%
;d"x a}+s
a}+s tyf ljQLo ;+:yfnfO{ lbPsf] shf{ tyf ;fk6df hf]lvd
Joj:yf÷-lkmtf{_ ‡ ‡ ‡ ‡
u|fxsnfO{ lbPsf] shf{ tyf ;fk6Ldf hf]lvd Joj:yf÷-lkmtf{_
230,395,189 120,092,789 230,395,189 120,092,789
ljlQo nufgLdf hf]lvd Joj:yf÷-lkmtf{_
-1,649_ ‡ -1,649_ ‡
a}+s tyf ljQLo ;+:yfsf] df}Hbftdf hf]lvd Joj:yf÷-lkmtf{_
‡ ‡ ‡ ‡
;DklQ tyf pks/0fdf hf]lvd Joj:yf÷-lkmtf{_
‡ ‡ ‡ ‡
VoftL / cd't{ ;DklQdf hf]lvd Joj:yf÷-lkmtf{_
‡ ‡ ‡ ‡
nufgL ;DklQdf hf]lvd Joj:yf÷-lkmtf{_
‡ ‡ ‡ ‡
hDdf 230,393,540 120,092,789 230,393,540 120,092,789

sd{rf/L vr{
cfiff9 d;fGt @)&% cg';"rL $=#^
;d"x a}+s
tnj 369,242,123 261,583,583 350,607,422 244,989,594
eQf 262,252,796 157,429,069 260,561,911 156,034,053
pkbfg 42,624,966 42,942,099 41,226,786 42,123,467
;+ro sf]if 34,719,830 24,126,239 33,969,351 23,505,945
kf]zfs 2,681,009 9,083,649 2,236,110 8,931,719
tflnd tyf ljsf; vr{ 16,432,328 8,752,114 16,432,328 8,752,114
;+lrt ljbf jfktsf] vr{ 39,596,672 56,013,120 39,596,672 56,013,120
cf}ifwL pkrf/ 9,656,402 6,769,799 9,418,893 6,562,291
jLdf 8,039,367 6,629,553 7,884,137 6,507,896
sd{rf/L k|f]T;fxg vr{ 1,239,618 ‡ 1,239,618 ‡
gubdf /fkm;fkm x'g] z]o/df cfwfl/t e'QmfgL ‡ ‡ ‡ ‡
k]G;g vr{ ‡ ‡ ‡ ‡
NFRS cGt{ut ljQLo vr{ 12,248,128 10,368,625 12,200,057 10,339,531
sd{rf/L ;DalGw cGo vr{x? 8,541,393 8,060,877 7,134,810 2,706,576
hDdf 807,274,632 591,758,726 782,508,094 566,466,306
sd{rf/L af]g; 317,425,053 223,187,186 303,336,095 196,568,800
hDdf sd{rf/L vr{ 1,124,699,685 814,945,912 1,085,844,188 763,035,105
cGo ;~rfng vr{

cfiff9 d;fGt @)&% cg';"rL $=#&
;d"x a}+s
;~rfns a}7s eQf 1,110,000 1,896,000 1,110,000 1,896,000
;~rfns ;DalGw vr{ 2,534,234 3,904,463 2,534,234 3,904,463
n]vfk/LIf0f z'Ns 1,420,975 1,384,250 1,130,000 1,130,000
cGo n]vfk/LIf0f ;DalGw vr{ 658,129 602,618 621,854 556,977
Joj;flos tyf sfg'gL vr{ 4,842,903 6,233,238 4,532,227 6,007,238
sfof{no k|zf;lgs vr{ 59,426,839 45,501,980 57,328,040 43,415,963
;~rflnt lnh vr{ 160,722,153 116,665,228 152,554,242 108,758,871
nufgL ;DklQsf] ;~rfng vr{ ‡ ‡ ‡ ‡
;fdflhs pQ/bfloTj vr{ 4,979,527 697,337 4,979,527 697,337
Onerous lnh Joj:yf ‡ ‡ ‡ ‡
cGo
!= ;'/Iff vr{ 67,973,374 54,361,281 67,226,670 53,355,261
@= dd{t tyf ;Def/ 28,639,550 23,667,608 28,334,432 23,459,625
#= jLdf vr{ 25,835,406 23,561,075 25,640,603 23,365,699
$= lah'nL tyf kfgL 25,058,537 19,660,799 24,198,205 18,743,781
%= cfp6;f]l;{Ë vr{ -rfns, ;+rf/jfxs / cGo_ 18,050,234 20,883,671 18,050,234 20,883,671
^= h]g]6f]l/on vr{ 18,504,144 15,324,048 17,771,913 14,209,412
&= e|d0f eQf tyf vr{ 16,564,251 9,403,822 16,492,845 9,252,417
*= OGwg vr{ 13,474,027 11,579,783 12,948,892 11,084,706
(= lj1fkg vr{ 12,627,581 6,429,233 12,627,581 6,429,233
!)= z]o/ lgisfzg vr{ 10,787,477 11,345,547 10,787,477 11,345,547
!!= Jofkf/ k|j4{g tyf ljsf; vr{ 12,140,990 9,382,436 12,140,990 9,382,436
!@= b:t'/ tyf z'Ns 5,853,333 4,241,390 5,758,458 4,045,618
!#= ;ˆ6j]o/ ;kf]6{ vr{ 2,837,958 1,921,281 2,609,859 1,651,406
!$= pb\3f6g vr{ 1,778,369 1,321,219 1,778,369 1,321,219
!%= ;fwf/0f ;ef ;DaGwL vr{ 753,881 1,105,871 700,095 1,005,070
!^= ljljw 12,916,175 13,866,625 9,063,860 9,777,336
hDdf cGo ;~rfng vr{ 509,490,049 404,940,802 490,920,608 385,679,285

x|f;s§L / kl/iff]wg (Amortization)
cfiff9 d;fGt @)&% cg';"rL $=#*
;d"x a}+s
;DklQ tyf pks/0fdf x|f;s§L 121,840,540 95,205,586 115,078,139 90,272,204
nufgL ;DklQdf x|f;s§L ‡ ‡ ‡ ‡
cd"t{ ;DklQsf] kl/iff]wg (Amortization) 3,874,136 3,063,716 3,375,932 2,683,708
hDdf x|f;s§L / kl/iff]wg (Amortization) 125,714,676 98,269,302 118,454,070 92,955,912
u}/ ;~rfng cfDbfgL

cfiff9 d;fGt @)&% cg';"rL $=#(
;d"x a}+s
ckn]vg ul/Psf] shf{sf] c;'nL ‡ ‡ ‡ ‡
cGo cfDbfgL 698,439 875,714 400,000 ‡
hDdf u}/ ;~rfng cfDbfgL 698,439 875,714 400,000 ‡
u}/ ;~rfng vr{

cfiff9 d;fGt @)&% cg';"rL $=$)
;d"x a}+s
shf{ ckn]vg ‡ 73,468,715 ‡ 73,468,715
Redundancy sf] Joj:yf ‡ ‡ ‡ ‡
k"g/;+/rgf vr{ ‡ ‡ ‡ ‡
cGo vr{ ‡ ‡ ‡ ‡
hDdf u}/ ;~rfng vr{ ‡ 73,468,715 ‡ 73,468,715
cfos/ vr{
cfiff9 d;fGt @)&% cg';"rL $=$!
;d"x a}+s
rfn' s/ vr{
o; jif{ 853,459,498 651,753,726 819,700,870 585,613,482
cl3Nnf] jif{sf] ;dfof]hg ‡ 7,156,228 ‡ 7,156,228
853,459,498 65,890,9955 819,700,870 592,769,710
:yug s/ vr{
cNksflng leGgtfx?sf] n]vfÍg tyf lkmtf{ 4,375,430 -13,214,153_ 6,262,478 -14,094,306_
s/sf] b/df kl/jt{g ‡ ‡ ‡ ‡
klxn] n]vfÍg gul/Psf] s/ 3f6fsf] n]vfÍg ‡ ‡ ‡ ‡
hDdf cfos/ vr{ 857,834,928 645,695,801 825,963,348 578,675,404
s/ vr{ / lstfaL gfkmfsf] lx;fa ldnfg

cfiff9 d;fGt @)&% cg';"rL $=$!=!
;d"x a}+s
s/ cl3sf] gfkmf 2,856,825,478 2,249,270,451 2,730,024,852 1,980,969,710
s/ /sd -#) k|ltzt b/_ 850,707,612 661,366,099 819,007,456 594,290,913
hf]8 M s/ k|of]hgdf 36fpg gldNg] vr{x?sf] s/df kg]{ c;/ 120,122,576 77,475,721 118,971,844 77,163,301
36fp M 5'6 cfDbfgLdf s/sf] c;/ -41,839,712_ -25,218,957_ -41,839,712_ -25,218,957_
hf]8÷-36fp_ M cGo s'/fx?df s/sf] c;/ -75,530,978_ -57,041,509_ -76,438,718_ -56,037,262_
hDdf cfos/ vr{ 853,459,498 656,581,353 819,700,870 590,197,995
k|efjsf/L s/sf] b/ 29.87
29 87% 29.19
29 19% 30.03
30 03% 29.79
29 79%

jf“8\g of]Uo gfkmf÷gf]S;fgsf] tflnsf
cfiff9 d;fGt @)&%
-g]kfn /fi6« a}+ssf] lgodfjnL jdf]lhd_
a}+s
o; jif{ ut jif{
gfkmf gf]S;fg ljj/0f cg';f/ v'b gfkmf÷-gf]S;fg_ 1,904,061,504 1,402,294,306
afF8kmFf8M
!= hu]8f sf]if 380,812,301 277,235,100
@= ;6xL 36a8 sf]if ‡ 6,306,463
#= k"FhL lkmtf{ sf]if ‡ ‡
$= ;+:yfut ;fdflhs pQ/bfloTj sf]if 19,040,615 13,861,755
%= sd{rf/L tflnd sf]if 1,277,412 2,433,383
^= k"FhL ;dfof]hg sf]if ‡ 9,579,341
&= nufgL ;dfof]hg sf]if ‡ 54,381,590
*= cGo ‡ ‡
s_ C0fkq e'QmfgL sf]if 171,931,429 171,931,429
lgodgsf/L ;dfof]hg cl3sf] gfkmf÷-gf]S;fg_ 1,330,999,748 866,565,245
lgodgsf/L ;dfof]hgM
!= Jofh jSof}tf -–_÷cl3Nnf] Jofh jSof}tf k|flKt -±_ -308,990,085_
@= sd shf{ gf]S;fgL Joj:yf n]vf+sg -–_÷lkmtf{ -±_ ‡
#= sd nufgLdf ;+efljt gf]S;fgL Joj:yfsf] -–_÷lkmtf{ -±_ -128,393,301_
$= sd u}/ j}+lsË ;DklQsf] gf]S;fgL Joj:yfsf] -–_÷lkmtf{ -±_ -154,637,535_
%= :yug s/ ;DklQ n]vf+sg -–_÷lkmtf{ -±_ ‡
^= VoftL n]vf+sg -–_÷VoftLdf xfgL -±_ ‡
&= df]ntf]n vl/b -Bargain Purchase_ df nfe n]vf+sg -–_÷lkmtf{ -±_ ‡
*= aLdf+lss -Actuarial_ 3f6fsf] n]vf+sg -–_÷lkmtf{ -±_ -45,801,803_
jfF8\g of]Uo gfkmf÷gf]S;fg 693,177,024 866,565,245

5. Disclosures and Additional Information
5.1. Risk Management

5.1.1.a Risk management framework
All of the Bank’s activities involve, to varying degrees, the analysis, evaluation, acceptance and management
of risks or combinations of risks. The Bank has placed high importance to identification, assessment and
well thought out handling of all the prominent risk that it faces or likely to face in execution of its activities. An
established risk governance framework ensures oversight of and accountability for the effective management
of risk at Country and regional business levels. It also provides for the compliance with Directive No. 05 of
Unified Directives issued by Nepal Rastra Bank.The Bank has an independent risk management department
to assess its position regarding each separate risk area including Credit Risk, Market Risk, Operational Risk,
Compliance & Legal Risk and Reputation Risk.The management through Risk Management Committee and
Integrated Risk Management Department monitor the execution of risk management policies and procedures
of the Bank.
5.1.1.b. Risk appetite and tolerance limits for key types of risks
Risk appetite in the context of Siddhartha Bank Limited is defined as the level and nature of risk that the bank
is willing to take for pursuing its mission on behalf of its shareholders, subject to constraints imposed by other
stakeholders, such as debt holders, regulators, and customers. It provides a framework for strategic decision
making for the Bank. The Bank sets out the aggregated level and risk types it accepts in order to achieve its
business objectives in the Risk Management Policy of the Bank. The Bank’s actual performance is reported
against approved risk profile and risk appetite, enabling senior management to monitor the risk profile and
guide business activity to balance risk and return. This reporting allows risks to be promptly identified and
mitigated, and drives a strong risk culture. The risk appetite is proposed by the management and reviewed
by the board level risk management committee. Responsibility for the approval of risk appetite rests with the
board of directors.
5.1.1.c. Stress testing

Stress Testing is a valuable risk management tool which tries to quantify the size of potential losses under
certain stress events. A stress event is an exceptional but credible event to which a bank’s portfolio is exposed.
As a part of its risk measurement mechanism, Siddhartha Bank Ltd. puts an emphasis on evaluating where
the Bank stands under stressful market conditions. It helps to provide information on the kinds of conditions
under which strategies or position, the Bank would be most vulnerable and thus, strategies are devised such
that such circumstance doesn’t arise and/or to ensure least impact upon the Bank from such scenarios even
if they do occur.
In conducting stress tests, the Bank gives special consideration to instruments or markets where concentrations
exist as such positions may be more difficult to liquidate or offset in stressful situations. The Bank considers
both historical market events as well as forward-looking scenarios and also considers worst case scenarios in
addition to more probable events. Adhoc scenarios are also prepared reflecting specific market conditions and
for particular concentrations of risk that arise within the businesses. For example, interest rate sensitivity is
measured in terms of exposure to a one basis point increase in yields, whereas foreign exchange, commodity
and equity sensitivities are measured in terms of the underlying values or amounts involved.
The stress testing methodology assumes that scope for management action would be limited during a stress
event, reflecting the decrease in market liquidity that often occurs. Stress scenarios are regularly updated
to reflect changes in risk profile and economic events. The ALCO has responsibility for reviewing stress
exposures and, where necessary, enforcing reductions in overall market risk exposure. Regular stress test
scenarios are applied to interest rates, credit spreads, exchange rates, commodity prices and equity prices.
This covers all asset classes in the financial markets, banking and trading books. Besides, the design and
results of such stress tests are discussed in ALCO meeting and ensure that appropriate contingency plans
are in place.
The stress testing mechanism at SBL aims to address:

a) Concentration risk;
b) Illiquidity of markets in stressed market conditions;
c) One way markets;
d) Event and jump to default risks;
e) Deep out of the money positions;
f) Positions subject to the gapping of prices; and
g) Other Risks

SBL’s stress tests are both of a quantitative and qualitative nature, incorporating both market risk and liquidity
risk aspects of market disturbances. Quantitative criteria identify plausible stress scenarios to which bank could
be exposed. Qualitative criteria emphasizes that two major goals of stress testing are to evaluate the capacity
of the bank’s capital to absorb potential large losses and to identify steps the Bank can take to reduce its risk
and conserve capital. This assessment is integral to setting and evaluating the Bank’s strategy and the results
of stress testing are routinely communicated to senior management and, periodically, to the RMCB.
The Bank carries out stress testing in two broad areas based on general scenarios and specific scenarios which
are discussed below:
I. General Scenarios:
The Bank subjects its portfolios to a series of simulated stress scenarios. The Bank stresses its portfolios
with the hocks of the magnitude experienced elsewhere, even when the Bank has never been exposed
to those in the past.
The Bank has formulated stress testing framework where various historical scenarios have been
analysed. The Bank arries out stress testing in line with the stress testing framework on a regular basis
as prescribed by ALCO or NRB guidelines issued from time to time.
II. Specific Scenarios to capture the specific characteristics of portfolio:

In addition to the above general scenarios, the Bank has also developed its own stress tests which
it identifies as most adverse based on the characteristics of its portfolio. The results are reviewed
periodically by Senior Management and are reflected in the policies and limits set by management and
the Board of Directors.
Stress test scenarios are continually reviewed and updated to respond to changes in positions and economic
events. The Finance Department assess the likely impact of interest rate movement and duration on existing
portfolio as well as on fresh investment and the same is discussed in the ALCO meeting along with each fresh
investment proposal.
Results of stress testing

The result of stress testing is communicated to the Board of Directors and senior management on requirement
basis. The same is also discussed in detail in Risk Management Committee. The report of stress testing is also
shared with Nepal Rastra Bank as per the requirement of Unified Directives issued by Nepal Rastra Bank.
Scenario analysis and Sensitivity Analysis

Scenario analysis and sensitivity analysis is conducted through the model developed by Bank Supervision
Department, Nepal Rastra Bank. However, on need basis, the Bank also adopts other advanced techniques
and develops other scenarios.
5.1.2.a. Credit Risk

Credit risks are the risk associated with the probability of default of loan provided by the bank. Hence, the
credit risks comprises of the highest risk exposure of the bank. Management of the credit risks largely
signifies the risk management of the bank as whole.
Credit risk:
• Is measured as the amount which could be lost if a customer or counterparty fails to make repayments. In the
case of derivatives, the measurement of exposure takes into account the current mark to market value to the
Bank of the contract and the expected potential change in that value over time caused by movements in
market rates;
• Is monitored within limits, approved by individuals within a framework of delegated authorities. These limits
represent the peak exposure or loss to which the Bank could be subjected should the customer or counterparty
fail to perform its contractual obligations;
• Is managed through a robust risk control framework which outlines clear and consistent policies, principles and
guidance for credit risk management.
5.1.2.b. Credit Risk Management
The Bank has its own Credit Policy Guidelines to handle the Credit Risk Management philosophy that involves
a continual measurement of probability of default/loss; identification of possible risks and mitigations. The
provisions of Capital Adequacy Framework - 2015 are complied in line to line basis to overcome the Credit
Risk. In order to manage and eliminate the credit risk, the Bank has a practice of maintaining the best quality
assets in its book. The Bank’s Credit Policy elaborates detailed procedures for proper risk management. The
Bank has delegated credit approval limits to various officials to approve and sanction various amount of credit
request based on their individual expertise and risk judgement capability.
As a check and balance mechanism, each credit case requires dual approval. Regular monitoring of the credit
portfolio ensures that the Bank does not run the risk of concentration of portfolio in a particular business sector
or a single borrower. Similarly the Bank also exercises controlled investment policy with adequately equipped
resource looking after the investment decisions.

To cap these all, the Bank has a strong Credit Committee in place comprising of various Directors from the
Board of the Bank which reviews all credit proposals beyond a specified amount.
5.1.2.c. Impairment assessment and credit risk mitigation
The Bank creates impairment allowances for impaired loans promptly and appropriately.
Impairment assessment methodology
a. Impairment of Financial Assets carried at Amortized Cost
The Bank first assesses individually whether objective evidence of impairment exists for financial assets that
are individually significant. When an account is classified as default or when the Bank no longer expect to
recover the principle or interest due on a loan in full or in accordance with the original terms and conditions,
it is assessed for impairment. If exposures are secured, the current net realizable value of the collateral will
be taken into account when assessing the need for an impairment allowance. When the net present value of
the collateral is sufficiently adequate to cover the outstanding facilities, impairment is not calculated for such
cases.
In the event Bank determines that no objective evidence of impairment exists for an individually assessed
financial asset, it includes the asset in a group of financial assets with similar credit risk characteristics such
as collateral type, past due status and other relevant factors and collectively assesses them for impairment.
However, assets that are individually assessed for impairment and for which an impairment loss is or continues
to be recognized are not included in a collective assessment of impairment.
Impairment is assessed on a collective basis in two circumstances:

To cover losses which have been incurred but have not yet been identified on loans subject to individual
assessment; and
For homogeneous groups of loans those are not considered individually significant.
Incurred but not yet identified impairment

Individually assessed financial assets for which no evidence of loss has been specifically identified on an
individual basis are grouped together according to their credit risk characteristics for the purpose of calculating
an estimated collective loss. This reflects impairment losses that the bank has incurred as a result of events
occurring before the reporting date, which the Bank is not able to identify on an individual loan basis and that
These losses will only be individually identified in the future. As soon as information becomes available which
identifies losses on individual financial assets within the group, those financial assets are removed from the
group and assessed on an individual basis for impairment.
The collective impairment allowance is determined after taking into account:

Historical loss experience in portfolios of similar credit risk; and
Management’s experienced judgement as to whether current economic and credit conditions are such
that the actual level of inherent losses at the reporting date is like to be greater or less than that suggested
by historical experience.
Homogeneous groups of Financials Assets
Statistical methods are used to determine impairment losses on a collective basis for homogenous groups of
financial assets. Losses in these groups of financial assets are recorded on an individual basis when individual
financial assets are written off, at which point they are removed from the group.
Bank uses the following method to calculate historical loss experience on collective basis:
After grouping of loans on the basis of homogeneous risks, the Bank uses net flow rate method. Under this
methodology, the movement in the outstanding balance of customers into default categories over the periods
is used to estimate the amount of financial assets that will eventually be irrecoverable, as a result of the events
occurring before the reporting date which the Bank is not able to identify on an individual loan basis.
Under this methodology, loans are grouped into ranges according to the number of days in arrears and
statistical analysis is used to estimate the likelihood that loans in each range will progress through the various
stages of delinquency and ultimately prove irrecoverable.
Current economic conditions and portfolio risk factors are also evaluated when calculating the appropriate
level of allowance required to cover inherent loss. These additional macro and portfolio risk factors may
include:
Recent loan portfolio growth and product mix
Unemployment rates
Gross Domestic Production (GDP) Growth
Inflation
Interest rates
Changes in government laws and regulations
Property prices
Payment status

But, the amount of provision to be created against Loans and Advances shall be higher of the following two
amounts:
i) Impairment calculated as per Impairment Assessment Methodology as described in Pt. 5.1.2.c above or,
ii) Loan Loss Provision calculated as per the provisions of Directive No. 2, Unified Directives, 2075.
Impairment calculation by following the methodology described in Pt. 5.1.2.c above
i) Firstly, top borrowers constituting around 25%-30% of total funded exposure of the Bank is subjected to
Individual Impairment Testing in each FY 2072-73, 2073-74 and 2074-75.
ii) Loans and advances as filtered out following point-(i) were tested for individual impairment including
following criteria but not limited to:
Known Cash Flow difficulties experienced by the borrowers:
Past due contractual payments of either principal or interest;
Breach of loan covenants or conditions;
The probability that the borrower will enter bankruptcy or other financial reorganization; and
A significant downgrading in credit rating by an external credit rating agency.
Bank’s aggregate exposure to the customer;
The viability of the customer’s business model and their capacity to trade successfully out of financial difficulties
and generate sufficient cash flows to service debt obligations;
The amount and timing of expected receipts and recoveries;
The extent of other creditors ‘commitments ranking ahead of, or pari-pasu with the Bank and the likelihood of
other creditors continuing to support the company;
The realizable value of security and likelihood of successful repossession;
iii) As per the impairment testing conducted as per Pt. (ii), no loans and advances were identified as
individually impaired in each FY 2072-73, 2073-74 and 2074-75.
iv) All loans and advances were then grouped into homogenous types such as home loans, working capital
loans, term loans, etc. to calculate collective impairment.
v) Collective impairment was calculated following net flow rate method. Under this
methodology, the movements in the outstanding balance of customers into default categories over the
periods areused to estimate the amount of financial assets that will eventually be irrecoverable, as a
result of the events occurring before the reporting date which the Bank is not able to identify on an
individual loan basis.
vi) Collective impairment as per the method mentioned in Pt. (v) in each FY 2072-73, 2073-74 and 2074-75
is shown below:
Amount (Rs.)
Particulars 2072/73 2073/74 2074/75
Total Collective Impairment as per paragraph 63 of 47,148,582 312,077,752 333,570,238
NAS 39
Write off of loans and receivables

Loans (and the related impairment allowance) are normally written off, either partially or in full, when there is
no realistic prospect of recovery. Where loans are secured, this is generally after receipt of any proceeds from
the realization of security. In circumstances where the realizable value of any collateral has been determined
and there is no reasonable expectation of further recovery, write off may be earlier.
Collateral management
The Bank seeks to use collateral, where possible, to mitigate its risks on financial assets. The collateral comes
in various forms such as cash, securities, letters of credit/guarantees, real estate, receivables, inventories,
other non-financial assets and credit enhancements such as netting agreements. The fair value of collateral
is generally assessed, at a minimum, at inception and based on the guidelines issued by the Nepal Rastra
Bank. Non-financial collateral, such as real estate, is valued based on data provided by third parties such as
independent valuator and audited financial statements.
Credit Risk Mitigants availed under CRM
Types of eligible credit risk mitigants used and the benefits availed under CRM as at 16 July 2018 are as
follows:
Particulars Eligible CRM ( Rs. '000)
Deposit with Bank 827,799
Deposit with Other Bank/FI -
Total 827,799

b. Impairment of Financial Assets – Available for Sale
For available for sale financial investments, Bank assesses at each reporting date whether there is objective
evidence that an investment is impaired.
In the case of debt instruments, Bank assesses individually whether there is objective evidence of impairment
based on the same criteria as financial assets carried at amortized cost. However, the amount recorded for
impairment is the cumulative loss measured as the difference between the amortized cost and the current fair
value, less any impairment loss on that investment previously recognized in the Income Statement. Future
interest income is based on the reduced carrying amount and is accrued using the rate of interest used to
discount the future cash flows for the purpose of measuring the impairment loss. If, in a subsequent period, the
fair value of a debt instrument increases and the increase can be objectively related to a credit event occurring
after the impairment loss was recognized, the impairment loss is reversed through the Income Statement.
In the case of equity investments classified as available for sale, objective evidence would also include a
‘significant’ or ‘prolonged’ decline in the fair value of the investment below its cost. Where there is evidence
of impairment, the cumulative loss measured as the difference between the acquisition cost and the current
fair value, less any impairment loss on that investment previously recognized in profit or loss is removed from
equity and recognized in the Statement of profit or loss. However, any subsequent increase in the fair value of
an impaired available for sale equity security is recognized in other comprehensive income.
Bank writes-off certain available for sale financial investments when they are determined to be uncollectible.
5.1.3.a. Liquidity Risk

Liquidity risk is the potential for loss to a bank arising from either its inability to meet its obligations or to fund
increases in assets as they fall due without incurring unacceptable cost or losses. Liquidity is the ability of an
institution to transform its assets into cash or its equivalent in a timely manner at a reasonable price to meet
its commitments as they fall due. Liquidity risk is considered a major risk for banks. It arises when the cushion
provided by the liquid assets are not sufficient enough to meet its obligation. In such a situation banks often
meet their liquidity requirements from market. Funding through market depends upon liquidity in the market
and borrowing bank’s liquidity.
Liquidity risk is:
• Measured using maturity ladder analysis
• Monitored against the Bank’s liquidity risk management framework and overseen by Assets and Liability
Management Committee.
• Managed on a stand-alone basis with no reliance on any related party or the Nepal Rastra Bank, unless
this represents routine established business as usual market practice.
5.1.3.b. Management of liquidity risk
The board has ensured that the bank has necessary liquidity risk management framework and bank is capable
of confronting uneven liquidity scenarios. The bank has formulated liquidity policies, contingency funding
planning which are recommended by senior management/ALCO and approved by the Board of Directors.
The bank utilizes flow measures to determine its cash position. A maturity ladder analysis estimates a bank’s
inflows and outflows and thus net deficit or surplus (GAP) over a time horizon. A maturity ladder is a useful
device to compare cash inflows and outflows both on a day-to-day basis and over a series of specified time
periods as presented in the NRB Ni.Fa.No.5.1 under NRB Directives No. 5.
Liquidity of the bank is assessed, measured and maintained by Treasury Department by ensuring minimal
compliance with Nepal Rastra Bank prescribed ratios such as CRR, SLR, and Credit to Deposit Ratio and
Liquidity Coverage Ratio. The department also maintains investments over and above the prescribed limit to
cope up with the unprecedented liquidity risks that the Bank is ever exposed to.
5.1.3.a. Market Risk

Market risks are the risk of losses in on-balance sheet and off- balance sheet positions arising from adverse
movements in market prices. The major constituents of market risks are:
a) The risks pertaining to interest rate related instruments;
b) Foreign exchange risk (including gold positions) throughout the bank; and
c) The risks pertaining to investment in equities and commodities.
5.1.3.b. Management of Market Risk

Bank risk management committee has approved the market risk policy of the Bank. As for the monitoring of
market and liquidity risk, the Bank has an active Assets and Liability Management Committee (ALCO) in place
which meets regularly and takes stock of the Bank’s assets and liability position and profile of assets & liabilities,
monitors risks arising from changes in exchange rates in foreign currencies. All foreign exchange positions are
managed by treasury consisting of front office dealers with specific dealing limits and an independent back
office. The back office executes the deals made by the dealers and also monitors the liquidity position of the
Bank. For the purpose of proper check and control, the front dealing room of treasury and the back office have
different reporting line.

5.1.3.c. Market Risk Assessment Methodology
Out of the various components of market risk, foreign exchange risk is the predominant risk in Nepal. Thus, a
net open position approach has been adopted to measure the market risk exposure of the bank in aggregation
and the capital requirement in commensurate of the same as set out by Capital Adequacy Framework issued
by Nepal Rastra Bank.
5.1.4.a. Operational Risk
Operational risks are risk of loss resulting from inadequate internal processes, people and systems, or from
external events. Operational risks are highly important as it entails cent percent loss to the bank in the event
of its occurrence.
5.1.4.b. Management of Operational Risk
As a part of monitoring operational risks, the Bank has devised operational manuals for various Banking
functions, which are reviewed and modified time to time as per the changing business context.
The Bank has adopted dual control mechanism in its all operational activities where each and every financial
and non financial transaction is subject to approval from an authority higher than the transaction initiator.
Regular review meetings are conducted to assess the adequacy of risk monitoring mechanism and required
changes are made as and when felt necessary. Independent reconciliation unit is established to conduct
daily reconciliation of all Nostro/agency accounts, Inter-Branch and Inter-Department account under direct
supervision of Manager Finance & Treasury, Head Office. The Bank has independent internal audit, which
reports to the Audit Committee of the Bank. The Audit Committee meets frequently and reviews the business
process and financial position of the Bank. In order to have better focus on managing operational risks across
branches and to monitor them from Head Office level, the Bank has separate Branch Operation and Control &
Compliance Department at Head Office. The Bank has strong MIS in place to monitor the regular operational
activities.
5.1.4.c. Operational Risk Assessment Methodology
Operational risks are assessed employing the Basic Indicators Approach as set out by Capital Adequacy
Framework issued by Nepal Rastra Bank. The Basic Indicators Approach assesses operational risk in
aggregation and is calculated by multiplying the operational risk capital charge by 10. Bank assesses the
operational risk based on the past operational loss due to system failure, staff embezzlement and other
external factors which is considered at the time of calculation of economic capital.
5.1.5.a. Fair value of financial assets and liabilities
Fair value is a market-based measurement, not an entity specific measurement. For some assets and liabilities,
observable market transactions or market information might be available. For other assets and liabilities,
observable market transactions and market information might not be available. However, the objective of a
fair value measurement in both cases is the same – to estimate the price at which an orderly transaction to
sell the asset or to transfer the liability would take place between market participants at the measurement date
under current market conditions (i.e. an exit price at the measurement date from the perspective of a market
participant that holds the asset or owes the liability).
Fair values are determined according to the following hierarchy:

Level-1 inputs
Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity
can access at the measurement date. Held for trading and available for sale investments have been recorded
using Level 1 inputs.
Level-2 inputs
Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or
liability, either directly or indirectly.
Level-3 inputs
Level 3 inputs are unobservable inputs for the assets or liability.
5.2. Capital Management

i. Qualitative disclosures
Capital management approach is driven by its desire to maintain a strong capital base to support the
development of its business and to meet the regulatory capital requirements.
Capital planning and management is essential to ensure adequate level of capital is available at all times. In
order to be prepared for distressed economic environments, capital management plan of the Bank incorporate
various potential scenarios and is responsive to changes in the economy, market, competitive or political
landscape, or other external factors.
Following elements are taken into consideration while devising an effective capital management plan for the
Bank:
• Minimum capital requirements as per NRB
• Business growth prospects and risks
• Dividend policy
• Potential capital raising instruments such as equity, preference stocks, bonds etc
• Various stress scenarios

• Disposing of assets
• Others as considered necessary by the senior management
Main features and Terms & conditions of capital instruments
The Bank has raised capital to the tune of Rs. 1,203,520,000 by issuing debentures. The main features and
terms & conditions of the issued debentures are given below:
Inter-
Debenture Name Amount est Issue date Maturity Date
rate
SBL Debenture 2075 (Face Value Rs. 400,000,000 11% 2069/01/12 2076/01/11
1000 per debenture)
SBL Debenture 2076 (Face Value Rs. 303,520,000 8% 2070/02/06 2077/02/05
1000 per debenture)
SBL Debenture 2078 (Face Value Rs. 500,000,000 7.5% 2071/10/09 2078/10/08
1000 per debenture)
Total 1,203,520,000
Other Terms & Conditions

1. The debentures are redeemable at the time of maturity at face value.
2. Interest is payable on a semi-annual basis.
ii. Quantitative disclosures
1. Capital structure and capital adequacy
• Tier 1 capital and a breakdown of its components:
Rs. in ‘000
S.N. Particulars Amount
Tier 1 Capital (Core Capital) ( CET1+ AT1) 11,952,193
Common Equity Tier 1 (CET 1) 11,952,193
a Paid Up Equity Share Capital 8,464,385
b Equity Share Premium 122,092
c Proposed Bonus Equity shares -
d Statutory General Reserves 1,740,423
e Retained Earnings 1,184,426
f Current year cumulative profit/(Loss) -
g Capital Adjustment Reserve 19,428
h Capital Redemption Reserve 827,955
i Less: Intangible Assets 12,089
j Less: Investment in equity of institutions with financial interests 394,427
k Less: Other Deductions -
Additional Tier 1 (AT1) -
• Tier 2 capital and a breakdown of its components:

Rs. in ‘000
S.N. Particulars Amount
a Cumulative and/or Redeemable Preference Shares -
b Subordinated Term Debt 360,704
c Hybrid Capital Instruments -
d General Loan Loss Provision 842,983
e Investment Adjustment Reserve -
f Assets Revaluation Reserve -
g Exchange Equalization Reserve 31,126
h Other Reserves -
Total Tier 2 Capital 1,234,813
• Subordinated Term Debt:

1. The Bank issued SBL Debenture 2075 in FY 2011/12 for Rs. 400 million with face value Rs. 1,000. As per NRB
Directives, 80% of the subordinated term debt has been amortized till this quarter. Main features of Siddhartha Bank
Limited Debenture 2075 are as follows:

Maturity period: 7 Years
Interest rate: 11% per annum
Interest Payment frequency: Half Yearly
Claim in case of liquidation: After depositors
Debenture Redemption Reserve shall be created to redeem the bond at maturity.
The debenture can be pledged with other banks and financial institutions.
Listed with Nepal Stock Exchange.
2. The Bank issued SBL Debenture 2076 in FY 2012/13 for Rs. 303 million with face value of Rs. 1000. As per NRB
Directives, 60% of the subordinated term debt has been amortized till this quarter. The salient features of SBL
Debenture 2076 are as follows:
Interest rate: 8% per annum
The debenture can be pledged with other banks and financial institution.
3. The Bank also issued SBL Debenture 2078 in FY 2014/15 for Rs. 500 million with face value of Rs. 1000. As per NRB
Directives, 20% of the subordinated term debt has been amortized till this quarter. The salient features of SBL
Debenture 2078 are as follows:\
Interest rate: 7.50% per annum
The debenture can be pledged with other banks and financial institution.
• Deductions from Capital:

The Bank has investments of Rs. 79.43 million in the equity shares of Siddhartha Insurance Ltd., Rs. 51 million in
the equity shares of Siddhartha Capital Ltd. and Rs. 264 million in the equity shares of Reliance Life Insurance Ltd.
which has been deducted from the core capital while computing capital adequacy.
• Total Qualifying Capital:

Rs. in ‘000
Particulars Amount
Common Equity Tier 1 (CET1) 11,952,193
Additional Tier 1 (AT1) -
Supplementary Capital (Tier 2) 1,234,813
Total Capital Fund 13,187,005
• Capital Adequacy Ratio:

Rs. in ‘000
Capital Adequacy Ratio Amount
Common Equity Tier 1 Ratio 10.99%
Core Capital Ratio - Tier 1 10.99%
Total Capital Adequacy Ratio (Tier 1 & Tier 2) 12.12%
• Internal approach of the Bank to assess capital adequacy

In order to be prepared for distressed economic environments, the Bank assesses the adequacy of its capital by incorporating
various potential scenarios and being responsive to changes in the economy, market, competitive or political landscape, or
other external factors.
Following elements are taken into consideration while assessing capital adequacy of the Bank:
Minimum capital requirements as per NRB
Business growth prospects and risks
Dividend policy
Potential capital raising instruments such as equity, preference stocks, bonds, etc.
Various stress scenarios
Disposing of assets
Others as considered necessary by the senior management

2. Risk exposures
• Risk weighted exposures for Credit Risk, Market Risk and Operational Risk:
Rs. in ‘000
Particulars Amount
Risk Weighted Exposure for Credit Risk 99,205,866
Risk Weighted Exposure for Operational Risk 4,029,651
Risk Weighted Exposure for Market Risk 61,346
Adjustments under Pillar II:
Add: 4% of Gross income of last FY due to supervisor is not satisfied with sound practice of 1,372,590
management of operational risk (6.4 a 7)
Add: 4% of the total RWE due to supervisor is not satisfied with the overall risk management 4,131,875
policies and procedures of the bank (6.4 a 9)
Total Risk Weighted Exposure (After Pillar II Adjustment) 108,801,328
• Risk Weighted Exposures under different categories of Credit Risk:

S.N. Categories Risk Weighted Exposure
1 Claims on Government & Central Bank -
2 Claims on Other Financial Entities -
3 Claims on domestic banks that meet capital adequacy requirements 324,036
4 Claims on domestic banks that do not meet capital adequacy requirements -
5 Claims on Foreign Banks (ECA 0-1) 364,417
6 Claims on foreign bank ( ECA 2) 127,725
7 Claims on foreign bank ( ECA Rating 3-6) -
8 Claims on foreign bank incorporated in SAARC region operating with a buffer of 1% 83,536
above their respective regulatory capital requirement
9 Claims on Domestic Corporate 45,123,001
10 Claim on Foreign Corporate (ECA 0-1) -
11 Claim on Foreign Corporate (ECA 7) -
12 Claims on Regulatory Retail Portfolio (not overdue) 16,549,261
13 Claims secured by residential properties 1,412,786
14 Claims secured by residential properties (overdue) 30,745
15 Claims Secured by Commercial Real Estate 1,727,121
16 Past due claims(except for claim secured by residential properties) 1,755,619
17 High Risk Claims 18,240,882
18 Investments in equity and other capital instruments of institutions listed in the stock 1,153,547
exchange
19 Investment in Equity of Institution not listed in the Stock Exchange 40,939
20 Staff Loan secured by residential property 523,529
21 Cash in transit and other cash items in the process of collection 58,208
22 Other Assets 2,142,359
23 Off Balance Sheet Items 9,548,155
Total 99,205,866
• Total Risk Weighted Exposure calculation table:

Rs. in ‘000
Particulars Amount
Total Risk Weighted Exposures 108,801,328
Tier 1 Capital (Core Capital) ( CET1+AT1) 11,952,193
Total Capital Fund 13,187,005
Total Core Capital to Total Risk Weighted Exposures % 10.99
Total Capital Fund to Total Risk Weighted Exposures % 12.12

Details of Non-Performing Assets
• Amount of Non-Performing Assets (both Gross and Net):
Rs. in ‘000
Non-Performing Assets Amount Loan Loss Provision Net NPL
Restructured/Rescheduled 7,361,759 920,220 6,441,539
Sub-Standard 378,768,313 94,692,078 284,076,235
Doubtful 98,541,812 49,270,906 49,270,906
Loss 455,193,950 453,533,407 1,660,543.46
Total 939,865,835 598,416,611 341,449,224
iii. Compliance with external requirement

The Bank is required to comply with the minimum Capital Adequacy Requirements of Nepal Rastra Bank. For the year
ended 16 July 2018, such Capital Adequacy Requirement was set at 11% of Total Risk Weighted Exposures of the
Bank. During the year ended 16 July 2018, the Bank has complied with such minimum Capital Adequacy Requirements.
5.3. Classification of financial assets and financial liabilities

Financial Assets
NAS 39 requires financial assets to be classified in one of the following categories:
• Financial assets at fair value through profit or loss
• Available-for-sale financial assets
• Loans and receivables
• Held to maturity investments
Financial assets at fair value through profit or loss have two sub-categories:
• Financial asset that is designated on initial recognition as one to be measured at fair value with fair value
changes in profit or loss.
• Held for trading
Financial Liabilities
NAS 39 recognizes two classes of financial liabilities:
• Financial liabilities at fair value through profit or loss
• Other financial liabilities measured at amortised cost using the effective interest rate method
The category of financial liability at fair value through profit or loss has two sub-categories:
• Financial liability that is designated by the entity as a liability at fair value through profit or loss upon initial
recognition
• Held for trading
5.4. Operating Segment information

1. General Information
a. Factors used to identify the Bank’s reportable segments
The Bank has identified the key segments of business on the basis of nature of operations that assist the
Executive Committee of the bank in decision making process and to allocate the resources. It will help the
management to assess the performance of the business segments. The business segments identified are
Banking (including loans, deposits and trade operations), Payment Solutions (Cards), Remittance, Treasury
and Micro Banking. Treasury Department acts as the fund manager of the Bank.
b. Types of products and services from which each reportable segment derives its revenues
(a) Remittance Services
1 Remittance fees and commission
2 IBT Interest Income
3 Forex Income
4 Other fees and commission
(b) Card Business
1 Interchange Income (VISA/CUP/NEPS)
2 Credit Card
3 Debit Card
4 Prepaid Card
5 ATM Fees
6 Merchant Settlement Fees and commission

7 Other Fees and Commission
8 Forex Translation Gain
(c) Microbanking
1 Income from Loan products
2 Income from Branchless Banking
3 Other Fees and Commission
(d) Treasury
1 Interest Income from placements and investments
2 Purchase and Sale of shares/bonds and other financial instruments
3 Bullion Trading Income
4 Dividend Income on Investments
5 Forex Gain
6 IBT Income
7 Rebate from Nostro Banks
8 Other Fees and Commission income
(e) Banking
1 Income from Loan Products
2 Income from Bills Purchase and Discounting
3 Income from issuance of Letter of Credit
4 Income from issuance of Bank Guarantee
5 Income from Document Collection
6 Income from Remittance
7 Income from Bancassurance
8 Income from swift charges
9 Forex Gain
10 Profit on sale of assets
11 Profit on sale of Non Banking Assets
12 IBT Income
13 Income from other Banking Services
2. Information about profit or loss, assets and liabilities

2074-75
In Rs.
Payment
Particulars Remittance Treasury Microbanking Banking Total
Solutions
(a) Revenues 201,092,758 30,002,884 977,737,364 85,069,857 10,110,381,729 11,404,284,592
from external
customers
(b) Inter segment - 10,868,247 12,208,046 - 3,826,266,179 3,849,342,473
revenues
(c) Net 201,092,758 40,871,131 989,945,411 85,069,857 13,936,647,908 15,253,627,065
Revenue
(d) Interest 15,994,031 10,868,247 544,132,722 57,110,540 13,265,252,500 13,893,358,040
revenue
(e) Interest (3,803,882) (4,338,216) (350,047,545) (37,530,972) (10,061,378,887) (10,457,099,502)
expense
(f) Net interest 12,190,149 6,530,032 194,085,177 19,579,568 3,203,873,612 3,436,258,538
revenue(b)
(g) Depreciation (2,276,172) (1,013,631) (248,427) (720,703) (114,195,137) (118,454,070)
and
Amortization
(h) Segment 63,773,471 3,840,219 629,487,975 12,067,336 2,020,855,851 2,730,024,852
profit /(loss)

(i) Entity's - - - - - -
interest in
the profit or
loss of
associates
accounted for
using equity
method
(j) Other - - - - - -
material non-
cash items
(k) Impairment of (2,336,267) - - (10,793,700) (217,263,573) (230,393,540)
assets
(l) Segment 211,245,927 228,104,656 2,355,213,307 19,760,918 117,054,893,756 119,869,218,564
assets
(m) Segment (147,075,667) (224,147,535) (1,829,939,036) (7,387,311) (117,660,669,015) (119,869,218,564)
liabilities
2073-74
In Rs.
Payment Micro-
Particulars Remittance Treasury Banking Total
Solutions banking
(a) Revenues from 161,716,213 48,414,309 677,930,669 - 6,646,245,467 7,534,306,658
external customers
(b) Intersegment - 7,859,656 - - 2,273,998,660 2,281,858,316
revenues
(c) Net Revenue 161,716,213 56,273,965 677,930,669 - 8,920,244,127 9,816,164,974
(d) Interest revenue 11,604,627 7,859,656 393,783,604 - 8,493,913,151 8,907,161,038
(e) Interest expense (1,550,361) (1,845,683) (208,111,110) - (6,068,516,601) (6,280,023,754)
(f) Net interest 10,054,266 6,013,973 185,672,494 - 2,425,396,551 2,627,137,284
revenue(b)
(g) Depreciation and (2,740,910) (1,131,334) (196,829) - (88,886,839) (92,955,912)
Amortization
(h) Segment profit / 58,188,381 3,263,278 460,160,410 - 1,459,357,641 1,980,969,710
(loss)
(i) Entity's interest - - - - - -
in the profit or
loss of associates
accounted for using
equity method
(j) Other material non- - - - - - -
cash items
(k) Impairment of 1,095,768 - - - (121,188,556) (120,092,789)
assets
(l) Segment assets 178,012,150 110,999,872 1,790,235,086 - 89,506,855,783 91,586,102,891
(m) Segment liabilities (119,823,768) (107,736,593) (1,362,663,161) - (89,995,879,368) (91,586,102,891)
3. Measurement of operating segment profit or loss, assets and liabilities

a. Basis of Accounting
All transactions between the reportable segments are accounted for using pre-determined transfer price.
b. Nature of differences between the measurements of the reportable segments’ profits or losses and the Bank’s profit
or loss before income tax
There is no difference between the measurement of the reportable segments’ profit and the Bank’s profit before
income tax.
c. Nature of differences between the measurements of the reportable segments’ assets and the Bank’s asset
There is no difference between the measurement of the reportable segments’ assets and the Bank’s asset.

d. Nature of any changes from prior periods in the measurement methods used to determine reported segment profit or
loss and the effect, if any
No changes are made in the measurement methods used to determine reported segment profit or loss from prior
periods.
e. Nature and effect of any asymmetrical allocations to reportable segments
No asymmetrical allocations are made to reportable segments.
4. Reconciliations
(a) Revenue
In Rs.
2074-75 2073-74
Total revenues for reportable segments 15,253,627,065 9,816,164,974
Other revenues - -
Elimination of intersegment revenues (3,849,342,473) (2,281,858,316)
Entity’s revenues 11,404,284,592 7,534,306,658
Note: Intersegment Revenue consists of following items:

2074-75 2073-74
Interest 3,836,355,445 2,281,858,316
Vault Cash Incentive 12,987,027 -
Total 3,849,342,473 2,281,858,316
(b) Profit or loss

In Rs.
2074-75 2073-74
Total profit or loss for reportable segments 2,730,024,852 1,980,969,710
Other profit or loss - -
Elimination of intersegment profits - -
Unallocated amounts: - -
Profit before income tax 2,730,024,852 1,980,969,710
(c) Assets
In Rs.
2074-75 2073-74
Total assets for reportable segments 119,869,218,564 91,586,102,891
Other assets - -
Unallocated amounts - -
Entity’s assets 119,869,218,564 91,586,102,891
(d) Liabilities
In Rs.
2074-75 2073-74
Total liabilities for reportable segments 119,869,218,564 91,586,102,891
Other liabilities - -
Unallocated liabilities - -
Entity’s liabilities 119,869,218,564 91,586,102,891
5. Information about products and services

In Rs.
2074-75 2073-74
(a) Remittance Services 40,871,131 56,273,965
1 Remittance fees and commission 17,311,135 26,912,271
2 IBT Interest Income 10,868,247 7,859,656
3 Forex Income 11,209,318 20,246,143

4 Other fees and commission 1,482,430 1,255,895
(b) Card Business 201,092,758 161,716,213
1 Interchange Income (VISA/CUP/NEPS) 21,169,443 23,093,454
2 Credit Card 36,055,734 26,240,589
3 Debit Card 37,467,701 33,076,892
4 Prepaid Card 2,654,977 3,637,186
5 ATM Fees 53,922,558 52,521,819
6 Merchant Settlement Fees and commission 17,107,124 3,916,363
7 Other Fees and Commission 28,113,034 16,107,440
8 Forex Translation Gain 4,602,185 3,122,470
(c) Microbanking 85,069,857 -
1 Income from Loan products 68,965,151 -
2 Income from Branchless Banking 16,100,706 -
3 Other Fees and Commission 4,000 -
(d) Treasury 989,945,411 677,930,669
1 Interest Income from placements and investments 544,132,722 393,783,604
2 Purchase and Sale of shares/bonds and other financial instruments 86,801,598 110,119,756
3 Bullion Trading Income 9,084,029 7,469,757
4 Dividend Income on Investments 139,465,705 84,063,191
5 Forex Gain 156,798,801 74,533,070
6 IBT Income 12,052,603 -
7 Rebate from Nostro Banks 24,197,780 6,200,044
8 Other Fees and Commission income 17,412,172 1,761,247
(e) Banking 13,936,047,908 8,920,244,127
1 Income from Loan Products 9,743,178,002 6,400,904,170
2 Income from Bills Purchase and Discounting 26,322,767 17,116,786
3 Income from issuance of Letter of Credit 56,221,328 42,738,433
4 Income from issuance of Bank Guarantee 55,077,333 38,964,059
5 Income from Document Collection 9,010,046 6,183,005
6 Income from Remittance 25,198,235 14,848,096
7 Income from Bancassurance 8,443,172 3,507,577
8 Income from swift charges 19,182,517 14,578,859
9 Forex Gain 94,507,955 66,903,394
10 Profit on sale of assets 1,938,239 (408,947)
11 Profit on sale of Non Banking Assets 11,785,115 -
12 IBT Income 3,826,266,179 2,273,998,660
13 Income from other Banking Services 59,517,019 40,910,035
Total Revenue (including intersegment revenue) 15,253,627,065 9,816,164,974

6. Information about geographical areas
2074-75 2073-74
(a) Domestic 15,253,627,065 9,816,164,974
Province 1 1,536,900,513 981,587,364
Province 2 916,230,778 542,848,468
Province 3 10,133,908,493 6,532,442,739
Province 4 756,213,695 489,755,556
Province 5 1,428,041,264 941,381,208
Province 6 41,799,437 14,472,994
Province 7 440,532,885 313,676,644
(b) Foreign - -
Total 15,253,627,065 9,816,164,974
7. Information about major customers

None of the external customer of the Bank individually contributes 10% or more to the Bank’s revenue as at Asadh
32, 2075 as well as Asadh 31, 2074.
5.5. Share options and share based payment

A share-based payment is a transaction in which the bank receives goods or services either as consideration for
its equity instruments or by incurring liabilities for amounts based on the price of the entity's shares or other equity
instruments of the entity.
The bank has not entered into any share option or share based payment contract as of Asadh 32, 2075.
5.6. Contingent liabilities and commitment

Contingent Liabilities:
Where the Bank undertakes to make a payment on behalf of its customers for guarantees issued, such as for
performance bonds or as irrevocable letters of credit as part of the Bank’s transaction banking business for which
an obligation to make a payment has not arisen at the reporting date, those are included in these financial
statements as contingent liabilities.
Other contingent liabilities primarily include revocable letters of credit, bonds issued on behalf of customers to
customs, for bids or offers and income tax litigations.
Commitments:
Where the Bank has confirmed its intention to provide funds to a customer or on behalf of a customer in the form
of loans, overdrafts, future guarantees, whether cancellable or not, or letters of credit and the Bank has not made
payments at the reporting date, those instruments are included in these financial statement as commitments.
Please refer Note No. 4.28 (including Note No. 4.28.1- 4.28.5) for detail of contingent liabilities and commitments
as at Asadh 32, 2075 and Asadh 31, 2074.
5.7. Related parties disclosures

Parties are considered to be related if one party has the ability to control the other party or exercise significant
influence over the other party in making financial or operational decisions and include major shareholders,
subsidiary companies, associates, retirement funds, directors and key management personnel and their close
family members.
Banking transactions with the related parties are executed substantially on the same terms, including mark-up
rates and collateral, as those prevailing at the time for comparable transactions with unrelated parties and do not
involve more than a normal risk.
a) Subsidiary
Transactions between the Bank and its subsidiary, Siddhartha Capital Limited, meet the definition of related party
as defined under NAS-24 “Related Party Disclosures”.
Transactions during the year 2074-75 (Rs.) 2073-74 (Rs.) 2072-73 (Rs.)
Call Deposits held by Siddhartha Capital Limited at Siddhartha Bank 334,201,139.16 978,070,000.00 31,950,000.00
Ltd.
Interest earned by Siddhartha Capital Ltd. on deposits held at 32,924,927.89 24,210,000.00 11,480,000.00
Siddhartha Bank Ltd.
Share RTS fee earned by Siddhartha Capital Ltd 783,664.00 - -

DP related income earned by Siddhartha Bank Ltd. 704,752.46 1,270,000.00 -
Technical service fee earned by Siddhartha Bank Ltd. 3,710,000.00 3,370,000.00 2,700,000.00
Investment in seed capital of “Siddhartha Equity Oriented Scheme” 150,000,000 150,000,000 150,000,000
managed by Siddhartha Capital Limited (Closing Balance)
Investment in “Siddhartha Equity Fund” managed by Siddhartha 15,000,000 - -
Capital Limited (Closing Balance)
Investment in “Siddhartha Growth Scheme 1st “ managed by - 75,000,000 75,000,000
Siddhartha Capital Limited
Receipt from “Siddhartha Growth Scheme 1st “ managed by 163,327,658.04 - -
Siddhartha Capital Limited
All of the transactions mentioned above, except for the investments made and sum received from any of the mutual funds
managed by Siddhartha Capital Limited, have been eliminated upon consolidation.
b) Associates
Transactions between the Bank and its associates also meet the definition of related parties. The Bank considers
an investee as its associate if the Bank can exercise significant influence in the financial and operating policy
decisions of the investee but does not have control or joint control of those policies.
The Bank does not exercise significant influence in the financial and operating policy decisions of any of its
investees as at and Asadh 32, 2075 and Asadh 31, 2074.
The Bank has appointed its employee as a director in case of following investees but do not exercise significant
influence in their financial and operating policy decisions:
Transactions during the year 2074-75(Rs.) 2073-74(Rs.) 2072-73(Rs.)

Siddhartha Insurance Limited
Investment in shares 79,426,600 32,820,000 32,820,000
Shareholding % 15% 15% 15%
Reliance Life Insurance Limited
Investment in shares 264,000,000 264,000,000 NA
Shareholding % 13% 13% NA
c) Directors and other Key Managerial Personnel (KMP)

Key Management Personnel and their immediate family members are also considered to be related parties for
disclosure purpose as per NAS-24 “Related Party Disclosures”.
As per Nepal Financial Reporting Standard (NAS 24) “Related Party Disclosures”, Key Management Personnel
are those having authority and responsibility for planning, directing and controlling the activities of the entity. The
Bank considers the members of its Board, Chief Executive Officer and all managerial level executives as Key
Management Personnel (KMP) of the Bank.
Following is a list of Board of Directors and CEO bearing office at Asadh 32, 2075.
Mr. Manoj Kumar Kedia Chairman
Mr. Narendra Kumar Agrawal Director
Mr. Birendra Kumar Shah Director
Mr. Dinesh Shanker Palikhe Director
Mr. Rajesh Kumar Kedia Director
Mr. Shambhu Nath Gautam Chief Executive Officer
Mr. Shambhu Nath Gautam has been appointed as Chief Executive Officer on 9 August 2017.
Compensation to the members of the Board

All members of the Board are non-executive directors and no executive compensation is paid to the directors.
Specific non-executive allowances paid to directors are as under:
Board Meeting fees Rs. 1,110,000

Other benefits Rs. 2,534,234
These allowances and benefits are approved by the Annual General Meeting of the Bank.

Compensation to other KMP of the Bank
Nature of Compensation Total Compensation (Rs.) Remarks
Short-term employee benefits Rs. 128,603,427.23 Salary, PF and allowances of management level staff (Manage-
ment level staff comprises of all staff of assistant manager level
and above)
Post employee benefits Nil
Other long-term benefits Nil
Terminal benefits Rs. 23,725,363.70 Gratuity benefits of eligible management staff
Share based payments Nil
5.8. Merger and acquisition

The Bank had merged with erstwhile Business Universal Development Bank Limited (BUDBL) and had started joint
operation from 21st June 2016. The merger had been accounted for using “Interest Pooling Method”.
Since the merger had been effected before 17 July, 2016 (i.e. the date of transition to NFRSs), the Bank has chosen to
avail exemption for the said business combination as mentioned in Appendix C, NFRS-1 “First Time Adoption of Nepal
Financial Reporting Standards”. The Bank has accordingly not restated:
• previous mergers or goodwill written-off from reserves
• the carrying amounts of assets and liabilities recognized at the date of acquisition or merger
• goodwill, if any, initially determined
Apart from the merger mentioned above, the Bank has not entered into any merger or acquisition activity.
5.9. Additional disclosures of non-consolidated entities

Nepal Financial Reporting Standard (NAS 24) “Disclosure of Interests in Other Entities”, is applicable when an entity has
interest in any of the following:
• Subsidiaries
• Joint arrangements (joint operations or joint ventures)
• Associates
• Unconsolidated structured entities
The Bank has already disclosed its interests in subsidiaries and associates in 5.7. Related parties’ disclosures. The Bank
does not have any interest in any form of joint arrangements or unconsolidated structured entities as on Asadh 32, 2075
as well as Asadh 31, 2074.
5.10. Events after reporting period

Events after the reporting date are those events, favourable and unfavourable, that occur between the reporting date and
the date the Financial Statements are authorized for issue.
The Bank follows NAS-10 “Events after the Reporting Period” to account for and report the events that have occurred after
the reporting period.
Adjusting events after reporting period
The Bank has charged additional loan loss provision of Rs. 68,246,588.74 to its Statement of Profit or Loss as the
borrowers viz. Scientific Technology Pvt. Ltd., Skytech Enterprises Pvt. Ltd. and Narayani Engineering Pvt. Ltd.
and were blacklisted on 09th Ashwin 2075, 10th Ashiwn 2075 and 12th Ashwin 2075 respectively which the Bank
has recognised as events occurring after the reporting period.
Non-adjusting events after reporting period

The Board of Directors of the Bank has proposed the distribution of 5% of paid up capital as Bonus Shares
amounting Rs. 423,219,264 and 8.16% (including tax on bonus shares and cash dividend) of paid up capital as
Cash Dividend amounting Rs. 690,693,838 vide board meeting dated 22nd November, 2018 for the year ended
16th July 2018.
In accordance with Nepal Accounting Standard - NAS 10 (Events after the Reporting Period), above proposed
cash dividend has not been recognised as a liability as at the year end. The Bank will recognize the same as its
liability once the dividend is approved by shareholders.
Above proposed bonus shares has also not been recognized in the share capital. The Bank will recognize the
same as share capital once the proposed bonus shares is approved by shareholders.

5.11 Disclosure effect of transition from previous GAAP to NFRSs
5.11.1 Reconciliation of equity
" As at 01.04.2073 " "As at 31.03.2074"

"Explanatory (End of last period
Particulars
Note " (Date of Transition) presented under
previous GAAP)
Total equity under Previous GAAP 6,241,966,703 9,881,108,048
Adjustments under NFRSs:
Impairment on loan and advances - -
Fair value & employees benefit accounting of staff loan - -
Lease accounting - -
Measurement of investment securities at fair value a 943,680,305 958,185,240
Revaluation of property & equipment - -
Recognition of investment property b 154,637,535 154,637,535
Amortisation of debt securities issued - -
Deferred tax c (73,308,688) (72,471,596)
Defined benefit obligation of employees d (37,329,758) (33,918,069)
Goodwill/Bargain purchase gain - -
Interest income e 268,631,836 231,643,654
Other
Total Adjustment to equity 1,256,311,231 1,238,076,765
Total Equity under NFRSs 7,498,277,934 11,119,184,813
Explanatory Notes
Note-a: Measurement of investment securities at fair value

As at 01.04.2073 As at 31.03.2074
Change in Equity 943,680,305 958,185,240
As per the Accounting Policy of the Bank, the Bank is required to revalue its financial assets classified as Held for Trading and
Available for Sale to the fair value prevailing at the year end date. In line with this, the Bank has revalued the financial assets
classifed as Held for Trading and Available for sale and recognised the cumulative difference (net of deferred tax) of acquisition cost
of the financial assets and prevailing fair value in following manner:
1. Financial assets classified as Held for Trading: change in fair value is recognised in Statement of Profit or Loss which
impacts equity through Regulatory Reserve of the Bank
2 Financial assets classified as Available for Sale: change in fair value is recognised in Statement of Other Comprehensive
Income which impacts equity through Fair Value Reserve of the Bank
Particulars As at 01.04.2073 As at 31.03.2074
Financial Assets-Held for Trading
Acquisition Cost 24,674,134 40,584,799
Fair Value at year end 29,757,920 40,991,188.00
Difference [Profit/(Loss)] 5,083,786 406,389
Change in Equity [A] 5,083,786 406,389
Financial Assets- Available for Sale
Acquisition Cost 400,885,969 558,465,481
Fair Value at year end 1,740,416,405 1,892,900,083
Difference [Profit/(Loss)] 1,339,530,436 1,334,434,602
Deferred Tax Liability Created @ 30% 401,859,131 400,330,381
Change in Equity [B] 937,671,305 934,104,221
Reversal of Provision created for 925,215 23,674,630
Investments as per NRB Directive No. 4 [C]
Total impact on Equity [A + B +C] 943,680,305 958,185,240

Note-b: Recognition of investment property
As at 01.04.2073 As at 31.03.2074
Change in Equity 943,680,305 958,185,240
The change is due to de-recognition of provision for Non Banking Assets created as per previous GAAP. The amount is arrived at
as follows:
As at 01.04.2073 As at 31.03.2074
Provision for Investment properties 154,637,535 154,637,535
created as per previous GAAP
Total impact on Equity 154,637,535 154,637,535
Note-c: Deferred tax

As at 01.04.2073 As at 31.03.2074
Change in Equity (73,308,688) (72,471,596)
The change is due to de-recognition of Deferred Tax Asset as per previous GAAP and recognition of Deferred Tax Liability as per
NFRS. The amount is arrived at as follows:
As at 01.04.2073 As at 31.03.2074
Deferred Tax Asset as per previous GAAP 46,948,715 60,205,929
Deferred Tax Asset/(Liability) as per NFRS (Except for Deferred tax (26,359,972) (12,265,667)
on actuarial loss, fair value of AFS and Investment property)
Difference recognised in Equity (73,308,688) (72,471,596)
Total impact on Equity (73,308,688) (72,471,596)
Note-d: Defined benefit obligation of employees

As at 01.04.2073 As at 31.03.2074
Change in Equity (37,329,758) (33,918,069)
The change is due to recognition of defined benefit obligation as per the acturial valuation carried out at the end of each year. The
amount is arrived at as follows:
As at 01.04.2073 As at 31.03.2074
Total Defined Benefit Obligation recognised as per previous GAAP 117,074,576 162,949,384
Total Defined Benefit Obligation recognised as per Acturial Valuation (160,001,569) (215,658,768)
Less: Deferred tax on acturial loss recognised through OCI 5,597,235 18,791,315
Difference recognised in Equity (37,329,758) (33,918,069)
Total impact on Equity (37,329,758) (33,918,069)
Note-e: Interest income

As at 01.04.2073 As at 31.03.2074
Change in Equity 268,631,836 231,643,654
The change is due to recognition of interest income on accrual basis. To give effect to accrual basis of accounting, the balance
remaining in Interest Suspense A/c is transferred to Regulatory Reserve at year end.
As at 01.04.2073 As at 31.03.2074
Interest Suspense recognised as per previous GAAP 268,631,836 231,643,655
Recognised in Equity 268,631,836 231,643,655
Total impact on Equity 268,631,836 231,643,655

5.11.2. Reconciliation of profit or loss
For the year ended 31.03.2074
Explanatory
Particulars (the latest period presented
Note
under previous GAAP)
Previous GAAP 1,386,175,502
Adjustments under NFRSs:
Interest income a (36,988,181)
Impairment of loan and advances -
Employees benefit amortisation under staff loan -
Defined benefit obligation of employee b 34,197,875
Operating lease expense -
Amortisation expense of debt securities -
Other operating income -
Interest expense -
Depreciation & Amortisation -
Other -
Reversal of excess provision for possible losses on investment c 18,072,019
Additional Deferred Tax Income recognised d 837,092
Total Adjustment to profit or loss 16,118,805
Profit or loss under NFRSs 1,402,294,307
Other Comprehensive Income e (34,353,270)
Total Comprehensive income under NFRSs 1,367,941,036
Explanatory Notes
Note-a: Interest income

The interest income is decreased by Rs. 36,988,181 due to recognition of interest income on accrual basis.
Note-b: Defined benefit obligation of employee

The personnel expenses has decreased by Rs. 34,197,875 due to recognition of Defined Benefit Obligation as per Actuarial
Valuation.
Note-c: Reversal of excess provision made for Investment

The profit has increased by Rs.18,072,018.52 due to-
1. Separate recognition of profit/loss on fair valuation of Financial Assets classified as Held for Trading and
Available for Sale under NFRS and
2. Reversal of Provision made for downward movement of Financial Assets as per NRB Directive No.4
Note-d: Additional Deferred Tax Income recognised

The profit has increased by Rs.837,092 due to recognition of Deferred Tax Asset/Liability as per NFRS and de-recognition
of Deferred Tax Asset/Liability as per previous GAAP.
Note-e: Other Comprehensive Income

Statement of Other Comprehensive Income was not required to be prepared under previous GAAP. The same needs to be
prepared under NFRS only. The effect of following items are included in other comprehensive income:
Particulars Amount (Rs.)

Losses from investments in equity instruments measured at fair value (5,095,834)
Actuarial losses on defined benefit plans (43,980,266)
Income tax relating to above items 14,722,830
Total decrease in profit (34,353,270)

5.11.3. Effect of NFRSs adoption for the statement of financial position
As at 31.03.2074
"As at 01.04.2073
Explanatory Note
(End of last period presented under previous
(Date of Transition)
GAAP)
Particulars Opening
Cumulative
Effect of NFRSs Amount
Previous Previous Effect of
Transition statement of as per
GAAP " GAAP Transition
to NFRSs Financial NFRSs
to NFRSs
Position
Assets
Cash and
cash 3,378,239,325 - 3,378,239,325 3,879,880,443 - 3,879,880,443
equivalent
Due from
Nepal Rastra 3,847,268,039 - 3,847,268,039 6,672,330,906 - 6,672,330,906
Bank
Placement
with Bank
and 744,730,397 - 744,730,397 567,325,000 - 567,325,000
Financial
Institutions
Derivative
financial 24,141,960 - 24,141,960 28,637,239 - 28,637,239
instruments
Other trading
a 24,674,134 5,083,786 29,757,920 40,584,799 406,389 40,991,188
assets
Loan and
advances to 1,476,505,000 - 1,476,505,000 2,419,043,662 - 2,419,043,662
B/FIs
Loans and
advances to b 54,490,174,459 258,784,461 54,748,958,920 64,436,428,081 214,731,358 64,651,159,439
customers
Investment
c 9,002,202,406 1,340,455,650 10,342,658,056 10,613,187,122 1,358,109,232 11,971,296,354
securities
Current tax
83,527,836 - 83,527,836 58,671,994 - 58,671,994
assets
Investment
in 51,000,000 - 51,000,000 51,000,000 - 51,000,000
subsidiaries
Investment
- - - - - -
in associates
Investment
d - 154,637,535 154,637,535 - 154,637,535 154,637,535
property
Property and
618,825,074 - 618,825,074 718,726,424 - 718,726,424
equipment
Goodwill and
Intangible 3,090,526 - 3,090,526 12,661,339 - 12,661,339
assets
Deferred tax
e 46,948,715 (46,948,715) - 60,205,929 (60,205,929) -
assets
Other assets f 611,759,953 9,847,375 621,607,328 342,829,071 16,912,296 359,741,367
Total Assets 74,403,087,827 1,721,860,092 76,124,947,919 89,901,512,009 1,684,590,882 91,586,102,891
Liabilities
Due to Bank
and Financial 8,011,651,778 - 8,011,651,778 5,901,743,130 (0) 5,901,743,130
Institutions

Due to Nepal
60,000,000 - 60,000,000 505,714,039 - 505,714,039
Rastra Bank
Derivative
financial - - - - - -
instruments
Deposits
from 57,772,706,773 - 57,772,706,773 71,415,816,169 - 71,415,816,169
customers
Borrowing - - - - - -
Current Tax
- - - - - -
Liabilities
Provisions - - - - - -
Deferred tax
g - 422,621,868 422,621,868 - 393,804,733 393,804,733
liabilities
Other
h 1,113,242,573 42,926,993 1,156,169,566 993,610,624 52,709,383 1,046,320,007
liabilities
Debt
securities 1,203,520,000 - 1,203,520,000 1,203,520,000 - 1,203,520,000
issued
Subordinated
- - - - - -
Liabilities
Total
68,161,121,124 465,548,861 68,626,669,985 80,020,403,962 446,514,116 80,466,918,078
liabilities
Equity
Share capital i 4,496,143,266 (1,473,262,702) 3,022,880,563 7,584,535,344 (955,656,402) 6,628,878,942
Share
j - - - - 120,230,167 120,230,167
premium
Retained
k 72,677,689 1,851,911,558 1,924,589,247 74,440,681 1,243,451,108 1,317,891,789
earnings
Reserves l 1,673,145,748 877,662,375 2,550,808,123 2,222,132,023 830,051,892 3,052,183,915
Total equity
attributable
6,241,966,703 1,256,311,231 7,498,277,934 9,881,108,047 1,238,076,765 11,119,184,813
to equity
holders
Non-
controlling - - - - - -
interest
Total equity 6,241,966,703 1,256,311,231 7,498,277,934 9,881,108,047 1,238,076,766 11,119,184,813
Total
liabilities 74,403,087,827 1,721,860,092 76,124,947,919 89,901,512,009 1,684,590,882 91,586,102,891
and equity
Explanatory Notes
Note-a: Other trading assets
As at 01.04.2073 As at 31.03.2074
Net Change 5,083,786 406,389
Other trading assets has increased due to fair value recognition of Financial Assets classified as Held for Trading.
Note-b: Loans and advances to customers

As at 01.04.2073 As at 31.03.2074
Net Change 258,784,461 214,731,358

Loans and advances to customers has increased due to following reasons:
As at 01.04.2073 As at 31.03.2074
Reclass of certain portion of staff loan to Deferred employee (9,847,375) (16,912,297 )
expenditure (part of Other Assets).
Reversal of Interest Suspense 268,631,836 231,643,655
Total 258,784,461 214,731,358
Note-c: Investment securities

As at 01.04.2073 As at 31.03.2074
Net Change 1,340,455,650 1,358,109,232
Investment securities has increased due to cumulative effect of following items:

As at 01.04.2073 As at 31.03.2074
Fair Valuation of Financial Assets classified as Available for 1,339,530,436 1,334,434,602
Sale
Reversal of Provision for Investment created as per previous 925,215 23,674,630
GAAP
Total 1,340,455,650 1,358,109,232
Note-d: Investment property

As at 01.04.2073 As at 31.03.2074
Net Change 154,637,535 154,637,535
Investment property is increased due to de-recognition of Provision for Non Banking Asset created as per previous GAAP.
The same used to be deducted from the balance of Investment Property as per previous GAAP.
Note-e: Deferred tax assets

As at 01.04.2073 As at 31.03.2074
Net Change (46,948,715) (60,205,929)
Deferred tax assets is derecognised as Deferred Tax Liability is created as per NFRS.
Note-f: Other assets

As at 01.04.2073 As at 31.03.2074
Net Change 9,847,375 16,912,296
Other assets has increased due to the effect of following items:

As at 01.04.2073 As at 31.03.2074
Reclass of certain portion of staff loan to Deferred employee 9,847,375 16,912,296
expenditure
Total 4,676,166,818 4,648,958,908
Note-g: Deferred tax liabilities

As at 01.04.2073 As at 31.03.2074
Net Change 422,621,868 393,804,733
Deferred tax assets is derecognised and Deferred Tax Liability is created as per NFRS.
Note-h: Other liabilities

As at 01.04.2073 As at 31.03.2074
Net Change 42,926,993 52,709,383
Other liabilities has increased due to recognition of Defined Benefit Obligation as per Acturial Valuation.

Note-i: Share capital
As at 01.04.2073 As at 31.03.2074
Net Change (1,473,262,702) (955,656,402)
Share Capital has decreased due to reclass of proposed bonus shares from share capital to retained earnings.
Note-j: Share premium

As at 01.04.2073 As at 31.03.2074
Net Change - 120,230,167
Share Premium has increased due to reclass of share premium used for issuing bonus shares from retained earnings to Share
Premium.
Note-k: Retained earnings

As at 01.04.2073 As at 31.03.2074
Net Change 1,851,911,558 1,243,451,108
Retained earnings has increased due to cumulative effect of following items:

As at 01.04.2073 As at 31.03.2074
Reversal of DTA created as per previous GAAP and (73,308,688) (72,471,596)
creation of DTL as per NFRS
Increment in Defined Benefit Obligation due to (37,329,758) (33,918,069)
Actuarial Valuation
Reclass of proposed bonus shares from Share capital 1,473,262,702 955,656,402
to Retained Earnings
Reclass of Share premium from Retained Earnings to - (120,230,167)
Share Premium
Reversal of Deferred Tax Reserve created as per 46,948,715 60,205,929
erstwhile NRB Directive
Regulatory Adjustments 442,338,586 454,208,610
Total 1,851,911,558 1,243,451,108
Note-l: Reserves
As at 01.04.2073 As at 31.03.2074
Net Change 877,662,375 830,051,892
Reserves has increased due to cumulative effect of following items:

As at 01.04.2073 As at 31.03.2074
Fair Value Reserve 937,671,305 934,104,221
Actuarial Gain Reserve (13,060,214) (43,846,401)
Reversal of Deferred Tax Reserve (46,948,715) (60,205,929)
Total 877,662,375 830,051,892
5.11.4. Effect of NFRSs adoption for statement of profit or loss and other comprehensive income
Explanatory
(the latest period presented under previous GAAP)

Note
Particulars Effect of Amount

Previous
Transition as per
GAAP
to NFRSs NFRSs
Interest income a 6,651,951,372 (26,648,650) 6,625,302,722
Interest expense 3,998,165,438 - 3,998,165,438
Net interest income 2,653,785,934 (26,648,650) 2,627,137,284
Fee and commission income 521,610,976 - 521,610,976
Fee and commission expense 119,939,703 - 119,939,703
Net fee and commission income 401,671,273 - 401,671,273
Net interest, fee and commission income 3,055,457,206 (26,648,650) 3,028,808,556

Net trading income b 149,848,575 (4,677,397) 145,171,178
Other operating income 242,221,782 - 242,221,782
Total operating income 3,447,527,563 (31,326,047) 3,416,201,516
Impairment charge/(reversal) for loans
c 142,842,204 (22,749,415) 120,092,789
and other losses
Net operating income 3,304,685,359 (8,576,631) 3,296,108,728
Operating expense
Personnel expenses d 786,893,450 (23,858,344) 763,035,105
Other operating expenses 385,679,285 - 385,679,285
Depreciation & Amortisation 92,955,912 - 92,955,912
Operating Profit 2,039,156,713 15,281,713 2,054,438,425
Non operating income - - -
Non operating expense 73,468,715 - 73,468,715
Profit before income tax 1,965,687,998 15,281,713 1,980,969,710
Income tax expense
Current Tax 592,769,710 - 592,769,710
Deferred Tax e (13,257,214) (837,092) (14,094,306)
Profit for the year 1,386,175,502 16,118,804 1,402,294,306
Other comprehensive income f - (34,353,270) (34,353,270)
Total Comprehensive income 1,386,175,502 (18,234,466) 1,367,941,036
Explanatory Notes
Note-a: Interest income

As at 31.03.2074
Net Change (26,648,650)
Interest income is decreased due to cumulative effect of following items:

Accounting of Interest income on accrual basis (36,988,181)
Recognition of interest income on staff loan 10,339,531
Total (26,648,650)
Note-b: Net trading income

As at 31.03.2074
Net Change (4,677,397)
Net trading income is decreased due to Fair Valuation of Financial Assets classified as Held for Trading
Note-c: Impairment charge/(reversal) for loans and other losses

As at 31.03.2074
Net Change (22,749,415)
Impairment charge for loans and other losses is decreased due to de-recognition of provision created for downward movement in
Financial Assets.
Note-d: Personnel expenses

As at 31.03.2074
Net Change (23,858,344)

Personnel expenses is decreased due to cumulative effect of following items:
As at 31.03.2074
Recognition of finance cost on loans and advances 10,339,531
provided to staffs of the Bank
Recognition of Defined Benefit Obligation as per (34,197,875)
Acturial Valuation
Total (23,858,344)
Note-e: Deferred Tax

As at 31.03.2074
Net Change (837,092)
Deferred Tax Income is increased due to recognition of Deferred Tax Asset/Liability as per NFRS and de-recognition of Deferred Tax
Asset/Liability as per previous GAAP.
Note-f: Other comprehensive income

As at 31.03.2074
Net Change (34,353,270)
Statement of Other Comprehensive Income was not required to be prepared under previous GAAP. The same needs to be prepared
under NFRS only. The effect of following items are included in other comprehensive income:
Amount (Rs.)
Losses from investments in equity instruments mea- (5,095,834)
sured at fair value
Actuarial losses on defined benefit plans (43,980,266)
Income tax relating to above items 14,722,830
Total (34,353,270)
5.11.5. Effect of NFRSs adoption for statement of cash flows

Explanatory
(the latest period presented under

Note
Particulars previous GAAP)
Effect of Transition to Amount as per

Previous GAAP
NFRSs NFRSs
Net cash flows from operating activities a 3,015,742,620 (2,979,701,004) 36,041,616

Net cash flows from investing activities a (1,512,604,477) (274,761,864) (1,787,366,341)
Net cash flows from financing activities 2,252,965,843 - 2,252,965,843
Net increase/(decrease) in cash and 3,756,103,985 (3,254,462,868) 501,641,118
cash equivalent
Cash and cash equivalent at the 6,274,807,364 (2,896,568,039) 3,378,239,325

a
beginning of the period
Cash and cash equivalent at the end of 10,030,911,349 (6,151,030,906) 3,879,880,443
the period
Explanatory Notes
Note-a
The changes are due to re-grouping and reclassification of certain items while preparing Cash Flow Statement under NFRS.

5.12. Availment of Carve-outs notified by Institute of Chartered Accountants of Nepal
The Institute of Chartered Accountants of Nepal has notified 7 Carve-outs in NFRS which allows alternative treatment. Out
of the 7 Carve-outs, the Bank has availed following Carve-outs while preparing its financial statements for FY 2074/75:
a) Carve-Out: 2 - NAS 17: Lease (Operating lease in the financial statements of Lessees)
b) Carve-Out: 5 - NAS 39: Financial Instruments: Recognition and Measurement (Incurred Loss Model to measure the
Impairment Loss on Loan and Advances)
c) Carve-Out: 6 - NAS 39: Financial Instruments: Recognition and Measurement (Impracticability to determine transaction
cost of all previous years which is the part of effective interest rate)
d) Carve-Out: 7 - NAS 39: Financial Instruments: Recognition and Measurement (Impracticability to determine interest
income on amortized cost)
a) Carve-Out : 2 - NAS 17: Lease (Operating lease in the financial statements of Lessees)
As per NAS-17, lease payments under an operating lease shall be recognised as an expense on a straight line basis over
the lease term unless another systematic basis is more representative of the time pattern of the user’s benefit.
The Carve-out allows lessees to recognize lease payments as an expense on a straight line basis over the term unless
either:
i. Another systematic basis is more representative of the time pattern of the user’s benefit even if the
payments to the lessors are not on that basis; or
ii. The payments to the lessor are structured to increase in line with expected general inflation to compensate
for the lessor’s expected inflationary cost increases. If payments to the lessor vary because of factors
other than general inflation, then this condition is not met.
The Bank has availed Carve-out mentioned in Pt. a(i) mentioned above and has amortised lease payments over the period
of 120 months.
b) Carve-Out : 5 - NAS 39: Financial Instruments: Recognition and Measurement (Incurred Loss Model to
measure the Impairment Loss on Loan and Advances)
As per NAS-39, an entity shall assess at the end of each reporting period whether there is any objective evidence that a
financial asset or group of financial assets measured at amortised cost is impaired. If any such evidence exists, the entity
shall apply paragraph 63 to determine the amount of any impairment loss.
The Carve-out requires Banks to measure impairment loss on loans and advances as the higher amount derived as per
norms prescribed by Nepal Rastra Bank for loan loss provision and amount determined as per paragraph 63 of NAS-
39; and shall apply paragraph 63 to measure the impairment loss on financial assets and other assets other than loan
and advances. The Bank shall disclose the impairment loss as per the Carve-out and the amount of impairment loss
determined as per paragraph 63.
The Bank has availed the Carve-out and has accordingly recognised impairment loss on loans and advances as the higher
amount derived as per norms prescribed by Nepal Rastra Bank for loan loss provision and amount determined as per
paragraph 63 of NAS-39. The detail of impairment loss on loans and advances are as follows:
Amount (Rs.)
Particulars 2072/73 2073/74 2074/75
Total Loan loss provision as per norms prescribed by Ne- 1,156,823,606 1,276,916,395 1,507,311,584
pal Rastra Bank (NRB Directive No. 2)
Total Impairment as per paragraph 63 of NAS 39 47,148,582 312,077,752 333,570,238
As, Loan loss provision as per norms prescribed by Nepal Rastra Bank is higher in all 3 years, impairment loss on loans
and advances is made accordingly.
The Bank has classified total loan loss provision mentioned above into 2 categories viz. Individual Impairment and
Collective Impairment. The Bank has classified general loan loss provision as Collective Impairment and specific loan loss
provision as Individual Impairment.
c) Carve-out : 6- NAS 39: Financial Instruments: Recognition and Measurement (Impracticability to determine
transaction cost of all previous years which is the part of effective interest rate)
As per NAS-39, an entity shall estimate cash flows considering all contractual terms of the financial instrument (for example,
prepayment, call and similar options) but shall not consider future credit losses while calculating the effective interest rate.
The calculation includes all fees and points paid or received between parties to the contract that are an integral part of the
effective interest rate (see NAS 18 – Revenue)

The Carve-out states that the effective interest rate calculation shall include all fees and points paid or received, unless it
is immaterial or impracticable to determine reliably.
The Bank has availed this Carve-out and has not considered all fees and points paid or received which are impracticable
to measure reliably while determining effective interest rate.
d) Carve-Out : 7 - NAS 39: Financial Instruments: Recognition and Measurement (Impracticability to determine
interest income on amortized cost)
As per NAS-39, once a financial asset or a group of similar financial assets has been written down as a result of an
impairment loss, interest income is thereafter recognised using the rate of interest used to discount the future cash flows
for the purpose of measuring the impairment loss.
The Carve-out states that once a financial asset or group of similar financial assets has been written down as a result of an
impairment loss, interest income is thereafter recognised using the rate of interest used to discount the future cash flows
for the purpose of measuring the impairment loss. Interest income shall be calculated by applying effective interest rate to
the gross carrying amount of a financial asset unless the financial asset is written off either partially or fully.
The Bank has availed this Carve-out and has calculated interest income on gross carrying amount of financial assets rather
than calculating the interest income on amortized cost.
5.13. General Reserve

20 percent of the profit after tax is transferred to General Reserves as per Section 44 of Banks and Financial
Institutions Act 2073. In FY 2074/75, the Bank has transferred Rs. 380,812,301 to the General Reserve Fund from
the current year’s profit.
5.14. Exchange Fluctuation Fund

25 percent of the revaluations gain on foreign exchange is transferred to exchange fluctuation fund as per Section
45 of Banks and Financial Institutions Act 2073. In FY 2074/75, there was revaluation loss on foreign exchange.
Therefore, the Bank has not transferred any amount to Exchange Fluctuation Fund from the current year's profit.
The balance in Exchange Fluctuation Fund stands at Rs. 31,125,658 as on Asadh 32, 2075.
5.15. Debenture Redemption Reserve Fund

Debenture Redemption Reserve Fund has been created as per Nepal Rastra Bank Directive 16. The Bank has
appropriated Rs 171,931,429 to debenture redemption reserve from current year’s profit. Total balance in
Debenture Redemption Reserve as at Balance Sheet date is Rs 827,954,849.
In Rs .
Debentures Deb -2075 Deb -2076 Deb -2078 Total
UP to 072/73 241,565,558 136,851,288 105,675,147 484,091,992
FY 2073/74 57,142,857 43,360,000 71,428,571 171,931,429
FY 2074/75 57,142,857 43,360,000 71,428,571 171,931,429
FY 2075/76 44,148,728 43,360,000 71,428,571 158,937,299
FY 2076/77 - 36,588,712 71,428,571 108,017,284
FY 2077/78 - - 71,428,571 71,428,571
FY 2078/79 - 37,181,996 37,181,996
Total 400,000,000 303,520,000 500,000,000 1,203,520,000
5.16. Investment Adjustment Reserve

Investment adjustment reserve has been created on Investment classified as ‘Available for Sale’ except for
investments in Credit Information Centre Limited, Nepal Clearing House Limited, National Banking Training
Institute and Nepal Infrastructure Development Bank as per Nepal Rastra Bank Directives. Total outstanding
investment adjustment reserve as at Balance Sheet date is Rs. 71,760,000. Investment adjustment reserve
created @ 2% upto FY 2073/74 has been reversed in current year following provisions of Unified NRB Directives,
2075. The amount of write back equals to Rs. 7,683,454.
In Rs .
Investment
Particulars Cost Price Rs. % Reserve
Adjustment Reserve
Credit Information Center Limited 1,907,600 Exemption by NRB -
Nepal Clearing House Limited 3,425,200 Exemption by NRB -
Nepal Infrastructure Development Bank 50,000,000 Exemption by NRB
National Banking Training Institute 1,200,000 Exemption by NRB -

Siddhartha Capital Ltd 51,000,000 100% 51,000,000
ICRA Nepal Ltd 760,000 100% 760,000
Nepal Electronic Payment System Ltd 15,000,000 100% 15,000,000
Prabhu Capital Ltd 4,500,000 100% 4,500,000
General Insurance Co ltd 500,000 100% 500,000
Total Investment 128,292,800 71,760,000
5.17. Other Reserves

a) Employee Related Reserve Fund
As per NRB circular, the Bank is required to expend at least 3% of total staff expenses of previous year i.e. 2073/74 in
employees training and development in current year. If the required amount could not be spent for the purpose, employees
related reserve fund should be created for the shortfall amount. The Bank has created Employees Related Reserve Fund
of Rs 1,277,412 for the shortfall amount. As of Balance Sheet date, the Bank’s Employee Related Reserve Fund stands
at Rs 3,710,794.
b) CSR Fund
As per NRB circular, the Bank has to transfer 1% of current year’s profit to CSR fund. The Bank has transferred Rs
19,040,615 to CSR Fund from net profit of FY 074/75. As of Balance Sheet date, the Bank’s CSR fund stands at Rs
31,802,370.
Particulars Amount (Rs.)
Opening balance as on 1st Shrawan 2074 (A) 13,861,755
1% of Net profit for FY 2074/75 to be transferred to CSR Fund (B) 19,040,615
CSR expenses incurred out of CSR Fund in FY 2074-75 (C) 1,100,000
Closing balance as on 32nd Asadh 2075 (A+B-C) 31,802,370
5.18. Summary of Loans and Advances Disbursed, Recovered and Principal & Interest Written-off (except for Staff
Loans and advances)
The summary of loan and advances disbursed, recovered and written off during the year is given below:
Particulars Amount (Rs. in million)
Opening Loans and Advances 67,263.28
Loans and Advances disbursed during the year 32,312.43
Loans and Advances recovered during the year 13,399.39
Loans and Advances written off during the year -
Closing Loans and Advances 86,176.32
Interest written off -
5.19. Weighted Average Interest Rate Spread

Particulars Rate (%)
Average Rate of return from loans and advances & investments 11.16
Average Rate of interest on deposits & borrowings 7.63
Net Spread 3.53
5.20. Reconciliation Status

The Bank reconciles branches and other agency accounts regularly. The difference has been identified, reviewed and
reconciled and it has been or will be adjusted in due course of business.
in Rs. `000
Reconciliation status Ledger Credit Statement Credit Ledger Debit Statement Debit
Less than 1 Month 122,446.96 108,155.20 20,471.45 28,192.63
More than 1 Month To Less than 3 18,631.01 88.20 - 475.84
Months
More than 3 Months To Less than 9 2,739.89 88.60 489.76 237.79
Months
More than 9 Months 670.50 109.18 - 0.09
Total 144,488.36 108,441.18 20,961.21 28,906.35

5.21. Disclosure of Non Banking Assets
As at Asadh 32, 2075, Non Banking Assets assumed by Bank are as follows:
Name & Address of Date of assuming of Total Non-Banking
Blacklisting Number Blacklisting Date
Borrower/Party Non-Banking Assets Assets
Tej Bahadur Khadka 2056.03.22 30,000
Sumitra Devi Dhungel 2058.02.01 50,000
Binod Shrestha 2071.01.09 37,226,925 5419 2071.01.09
Ramesh Dhakal 2071.02.16 28,510,640 5567 2071.03.13
Hira Acharya 2071.02.16 25,267,023 5568 2071.03.13
Hari Dhital 2071.02.16 6,212,996 5569 2071.03.13
Pashupati Prasad Baral 2071.04.09 31,286,831 5472 2071.02.08
Nanda Lal Dhami/ 2071.04.30 12,345,926 5722 2071.04.19
Narendra Kumar Paudel
Sarita Lama 2071.04.30 11,822,579 5745 2071.04.22
H.A. Construction Pvt. 2072.04.05 1,884,614 6416 2072.02.13
Ltd
Total 154,637,534
During FY 2074-75, the Bank had assumed NBA amounting to Rs. 19,325,996 on Poush 21, 2074 which belonged to Shivani Air
Limited.The Bank subsequently sold the NBA on Falgun 10, 2074 at Rs. 31,111,111 to Bharatpur Garden Resort (Hotel) Pvt. Ltd.
realizing a profit of Rs. 11,785,114.77.
5.22. Agreement with IFC

The Bank has signed an Agreement with International Finance Corporation (IFC) - a member of World Bank Group, as
an Issuing Bank for the Corporations’ Global Trade Finance Program. As an Issuing Bank, IFC shall provide the Bank the
agreed Confirmation Facility, which shall be used to enhance the Bank’s capacity to meet the trade finance needs of various
local enterprises as well as development projects of the country.
5.23. Agreement with Sakchyam

The Bank entered into agreement with Sakchyam to establish 15 Branchless Banking locations and revive 3 Branchless
Banking locations in earthquake affected districts viz. Sindhuli, Kavrepalanchok, Makawanpur, Bhaktapur and Kathmandu
with objective to spread awareness about banking services. These Branchless Banking locations could also be used for the
purpose of distributing social security payments and other payments from Government to the citizens.
5.24. Agreement with UNNATI

The Bank entered into agreement with UNCDF supported UNNATI–Access to Finance (A2F) project targeting entrepreneurs
and small farmers in Eastern Development Region. This project focuses on the expansion of 30 Branchless Banking (BLB)
services and 6 Branches (including 1 Existing Branch) at Sankhuwasabha, Taplejung, Ilam, Bhojpur and Dhankuta districts.
The project is for total duration of 2 years.

Comparison of Unaudited and Audited Financial Statements
106
as of FY 2074/2075
Statement of Financial Position As per unaudited As per Audited Variance
Financial Financial Reasons for Variance
Assets In amount In %
Statement Statement
Cash and cash equivalent 3,996,595 4,453,213 456,618 11.43 Variance is due to re-grouping and reclassifi-
cation
Due from NRB and placements with BFIs 6,914,465 6,454,927 (459,538) (6.65) Variance is due to re-grouping and reclassifi-
cation
Loan and advances 86,133,315 86,077,254 (56,061) (0.07) Variance is due to change in impairment provision
Investments Securities 20,251,611 18,592,942 (1,658,669) (8.19) Variance is due to change in fair valuation of
Financial Assets- Held for Trading and Finan-
cial Assets- Available for Sale
Investment in subsidiaris and associates 51,000 51,000 - -
Goodwill and intangible assets 12,089 12,089 - -
Other assets 3,654,467 4,227,793 573,326 15.69 Variance is due to re-grouping and reclassification
Total Assets 121,013,543 119,869,219 (1,144,324) (0.95)
Capital and Liabilities
Paid up Capital 8,464,385 8,464,385 - -
Reserves and surplus 5,850,903 5,238,443 (612,460) (10.47) "Variance is due to cumulative effect of follow-
ing items:
1. change in fair valuation of Financial Assets-
Held for Trading and Financial Assets- Avail-
able for Sale
2. Change in Deferred Tax Liabilities
3. Creation of Defined Benefit Obligation as
per Acturial Valuation
4. Recognition of Interest income on accrual
basis of accounitng
5. Reversal of Deferred Tax Reserve created
for Deferred Tax Asset as per erstwhile NRB
Directives
6. Reversal of Investment Adjustment Reserve
created @ 2%
Deposits 101,748,243 101,748,243 - -
Borrowings 972,289 - (972,289) (100.00) Variance is due to re-grouping and reclassifi-
cation
Bond and Debenture 1,256,763 1,203,520 (53,243) (4.24) Variance is due to reclassification of interest
payable on debentures
Other liabilities and provisions 2,720,959 3,214,627 493,668 18.14 "Variance is due to following reasons:
1. Creation of Defined Benefit Obligation as
per Actuarial valuation
2. Change in Deferred Tax Liabilities
3. Change in Provision for Staff bonus
4. Re-grouping and reclassification"
Total Capital and Liabilities 121,013,543 119,869,219 (1,144,324) (0.95)

As per unaudited As per Audited
Statement of Profit or Loss Financial Financial Variance Reasons for Variance
Statement Statement
In amount In %
Interest income 10,134,590 10,057,003 (77,588) (0.77) Variance is due change in interest income to
be recognised on accrual basis of accounting
Interest expense 6,620,744 6,620,744 - -
Net interest income 3,513,846 3,436,259 (77,588) (2.21)
Fee and commission income 839,230 779,704 (59,526) (7.09) Variance is due to re-grouping and reclassification

Fee and commission expense 103,924 127,903 23,979 23.07 Variance is due to re-grouping and reclassification
Net fee and commission income 735,306 651,801 (83,505) (11.36)
Other operating income 403,140 567,178 164,038 40.69 "Variance is due to cumulative effect of follow-
ing items:
1. change in fair valuation of Financial Assets-
Held for Trading
2. Re-grouping and reclassification"
Total operaing income 4,652,291 4,655,237 2,946 0.06
Impairment charge/(reversal) for loans and 361,578 230,394 (131,184) (36.28) Variance is due to change in impairment pro-
other losses vision
Net operating income 5,013,869 4,424,844 (589,025) (11.75)
Personnel expenses 1,126,154 1,085,844 (40,310) (3.58) "Variance is due to cumulative effect of follow-
ing items:
1. Recognition of personnel expenses on the
basis of acturial valuation
2. Change in Staff Bonus"
Other operating expenses 633,070 609,375 (23,695) (3.74) Variance is due to re-grouping and reclassification
Operating profit 3,254,645 2,729,625 (525,021) (16.13)
Non operating income/expense - 400 400 100.00 Variance is due to re-grouping and reclassification
Profit before tax 3,254,645 2,730,025 (524,621) (16.12)
Income tax 794,914 825,963 31,049 3.91 "Variance is due to cumulative effect of follow-
ing items:
1. Change in amount of current year income
tax expense
2. Change in amount of Deferred Tax Liability"
Profit /(loss) for the period 2,459,731 1,904,062 (555,670) (22.59)
Other comprehensive income (497,452) (322,359) 175,092 (35.20) "Variance is due to cumulative effect of follow-
ing items:
1. Actuarial Loss as per Actuarial Valuation
2. Change in fair valuation of Fiancial Assets
classified as Available for Sale"
Total comprehensive income 1,962,279 1,581,702 (380,577) (19.39)
Distributable Profit
Net profit/(loss) as per profit or loss 2,459,731 1,904,062 (555,670) (22.59)
Add/Less: Regulatory adjustment as per NRB Directive (604,931) (183,614) 421,317 (69.65)
107
Free profit/(loss) after regulatory adjustments 1,854,800 1,720,447 (134,353) (7.24)
Unaudited Financial Results (Quarterly)
4th Quarter ended of Fiscal Year 2074/2075
In Rs.
Statement of Financial Corrosponding Previous
This Quarter Ending Previous Quarter Ending
Position Quarter Ending
Assets
Cash and cash equivalent 3,996,595 3,887,107 3,880,242
Due from NRB and place- 6,914,465 5,807,511 7,592,286
ments with BFIs
Loan and advances 86,133,315 81,512,234 67,137,262
Investments Securities 20,251,611 13,521,829 11,893,113
Investment in subsidiaris and 51,000 51,000 51,000
associates
Goodwill and intangible assets 12,089 21,524 12,661
Other assets 3,654,467 2,689,508 2,003,109
Total Assets 121,013,543 107,490,712 92,569,672
Capital and Liabilities
Paid up Capital 8,464,385.28 8,012,171 6,628,879
Reserves and surplus 5850903.042 4,961,562 4,954,806
Deposits 101,748,243 90,401,940 77,400,099
Borrowings 972,289.42 859,894 505,714
Bond and Debenture 1,256,763.08 1,230,343 1,256,679
Other liabilities and provisions 2,720,958.83 2,024,802 1,823,496
Total Capital and Liabilities 121,013,543 107,490,712 92,569,672
Up to Corrosponding Previ-
Statement of Profit or Loss Up to this Quarter Up to Previous Quarter
ous Year Quarter
Interest income 10,134,590 6,873,823 6,625,303
Interest expense (6,620,744) (4,690,208) (3,998,165)
Net interest income 3,513,846 2,183,614 2,627,137
Fee and commission income 839,230 585,642 502,209
Fee and commission expense (103,924) (71,070) (100,643)
Net fee and commission 735,306 514,572 401,566
income
Other operating income 403,140 324,959 337,488
Total operaing income 4,652,291 3,023,145 3,366,192
Impairment charge/(reversal) 361,578 229,404 405,018
for loans and other losses
Net operating income 5,013,869 3,252,549 3,771,210
Personnel expenses (1,126,154) (741,021) (853,911)
Other operating expenses (633,070) (436,033) (497,417)
Operating profit 3,254,645 2,075,495 2,419,882
Non operating income/ex- - - -
pense
Profit before tax 3,254,645 2,075,495 2,419,882
Income tax (794,914) (525,338) (369,971)
Profit /(loss) for the period 2,459,731 1,550,157 2,049,911
Other comprehensive income (497,452) (601,255) 159,877
Total comprehensive income 1,962,279 948,901 2,209,789

Distributable Profit
Net profit/(loss) as per profit or loss 2,459,731

Add/Less: Regulatory adjustment as per NRB Directive (604,931)
Free profit/(loss) after regulatory adjustments 1,854,800
Ratios
Capital fund to RWA 12.43% 12.30% 13.16%
Non performing loan (NPL) to toal loan (As per NRB Directive) 1.05% 1.31% 1.15%
Total loan loss provision to Total NPL (As per NRB Directive) 155.53% 130.82% 155.40%
Cost of Funds 7.63% 7.49% 5.40%
Credit to Deposit Ratio ( As per NRB Directive) 74.23% 78.10% 76.71%
Base Rate 11.16% 11.30% 10.38%
Basic Earning Per Share 29.06 25.80 30.92
Diluted Earning Per Share 34.16 30.50 38.88
Segment Reporting:
The Bank has identified the key segments of business on the basis of nature of operations that assist the Executive Committee of
the bank in decision making process and to allocate the resources. It will help the management to assess the performance of the
business segments that has been identified as below. The business segments identified are Banking (including loans, deposits and
trade operations), Payment Solutions(Cards), Remittance, Treasury and Micro Banking. All operations between the segments are
conducted on pre-determined transfer price. Treasury Department acts as the fund manager of the Bank.
Rs. In '000
Payment Micro
Particulars Banking Remittance Treasury Total
Solution(Cards) Banking
Segment Assets 109,043,918 232,965 232,182 11,463,984 40,494 121,013,543
Segment Liabilities 109,043,918 232,965 232,182 11,463,984 40,494 121,013,543
Interest Income 9,511,686 15,995 - 543,977 62,933 10,134,590
Interest Expense 6,583,477 27 4,338 32,902 - 6,620,744
Net Interest Income 2,928,209 15,968 (4,338) 511,075 62,933 3,513,846
Fees and Commission Income 550,450 180,497 29,631 50,694 27,959 839,230
Fees and Commission Expense 3,247 82,400 16,445 1,416 417 103,924
Net Fees and Commission 547,202 98,097 13,186 49,278 27,542 735,306
Income
Net Interest, Fees and 3,475,411 114,065 8,847 560,353 90,475 4,249,152
Commission Income
Other Operating Income 85,286 4,602 11,209 296,265 5,778 403,140
Total Operating Income 3,560,697 118,667 20,057 856,618 96,253 4,652,291
Impairment Charge/(Reversal) (359,349) 2,336 - - (4,565) (361,578)
for Loans and Other Losses
Net Operating Income 3,920,046 116,331 20,057 856,618 100,817 5,013,869
Operating Expenses
Personnel Expenses 1,025,650 23,621 7,898 51,091 17,893 1,126,154
Other Operating Expenses 580,830 23,247 6,427 20,146 2,420 633,070
Operating Profit 2,313,567 69,463 5,731 785,380 80,504 3,254,645
Non Operating Income/ - - - - - -
(Expense)
Profit Before Income Tax 2,313,567 69,463 5,731 785,380 80,504 3,254,645
Income Tax Expense 625,171 19,705 1,729 140,517 7,792 794,914
Profit for the period 1,688,396 49,757 4,002 644,863 72,712 2,459,731

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a/fa/sf] gub nfef+z -af]g; z]o/ tyf gub nfef+zsf] s/ k|of]hgsf nflu ;d]t_ k|bfg ug{ l;kmfl/; ul/Psf] 5 .
-u_ z]o/ hkmt ePsf] eP hkmt ePsf] z]o/ ;+Vof, To:tf] z]o/sf] cl°t d"No, To:tf] z]o/ hkmt x'g'eGbf cufj} ;f] afkt
sDkgLn] k|fKt u/]sf] hDdf /sd / To:tf] z]o/ hkmt ePkl5 ;f] z]o/ laqmL u/L sDkgLn] k|fKt u/]sf] /sd tyf hkmt ePsf]
z]o/afkt /sd lkmtf{ u/]sf] eP ;f]sf] ljj/0f M
a}+sn] xfn;Dd s'g} z]o/ hkmt u/]sf] 5}g .
-3_ ljut cfly{s jif{df sDkgL / o;sf] ;xfos sDkgLsf] sf/f]af/sf] k|ult / ;f] cfly{s jif{sf] cGtdf /x]sf] l:yltsf]
k'g/fjnf]sg M
o; ;DaGwdf dfyL k|ltj]bgdf lj:t[t?kdf 5'§} pNn]v ul/Psf] 5 .
-ª_ sDkgL tyf To;sf] ;xfos sDkgLn] cfly{s jif{df ;DkGg u/]sf] k|d'v sf/f]af/x? / ;f] cjlwdf sDkgLsf] sf/f]af/df
cfPsf] s'g} dxTjk"0f{ kl/jt{g M
;dLIff jif{df a}+sn] lgoldt a}+lsË sf/f]af/x? ul//x]sf] 5 . To:t} a}+ssf] ;xfos sDkgLn] ;d]t cfˆgf] Joj;fosf] k|s[lt
cg'?k g} lgoldt sf/f]af/x? ub}{ cfPsf] 5 . ;dLIff cjlwdf s'g} dxTjk'0f{ kl/jt{g gePsf] .
-r_ ljut cfly{s jif{df sDkgLsf] cfwf/e"t z]o/wgLx?n] sDkgLnfO{ pknAw u/fPsf] hfgsf/L
ljut cfly{s jif{df s'g} o:tf] hfgsf/L a}+snfO{ k|fKt ePsf] 5}g .
-5_ ljut cfly{s jif{df sDkgLsf ;~rfns tyf kbflwsf/Lx?n] lnPsf] z]o/sf] :jfldTjsf] ljj/0f / sDkgLsf] z]o/
sf/f]af/df lghx? ;+nUg /x]sf] eP ;f] ;DaGwdf lghx?af6 sDkgLn] k|fKt u/]sf] hfgsf/L
ljut cfly{s jif{df o:tf] hfgsf/L a}+snfO{ k|fKt ePsf] 5}g .
-h_ ljut cfly{s jif{df sDkgL;Fu ;DalGwt ;Demf}tfx?df s'g} ;~rfns tyf lghsf] glhssf] gft]bf/sf] JolQmut :jfy{sf]
af/]df pknAw u/fOPsf] hfgsf/Lsf] Joxf]/f
ljut cfly{s jif{df o:tf] s'g}] hfgsf/L a}+snfO{ k|fKt ePsf] 5}g .
-em_ sDkgLn] cfˆgf] z]o/ cfkm}n] vl/b u/]sf] eP To;/L cfˆgf] z]o/ vl/b ug'{sf] sf/0f, To:tf] z]o/sf] ;+Vof / cl°t
d"No tyf To;/L z]o/ vl/b u/]afkt sDkgLn] e'QmfgL u/]sf] /sd
a}+sn] xfn;Dd cfkm\gf] z]o/ cfkm}+ vl/b u/]sf] 5}g .
-`_ cfGtl/s lgoGq0f k|0ffnL eP jf gePsf] / ePsf] eP ;f]sf] lj:t[t ljj/0f
o; ;DaGwdf dfly k|ltj]bgdf pNn]v ul/Psf] 5 .
-6_ n]vfk/LIf0f ;ldltsf ;b:ox?sf] gfdfjnL, lghx?n] k|fKt u/]sf] kfl/>lds, eQf tyf ;'ljwf, ;f] ;ldltn] u/]sf] sfd
sf/afxLsf] ljj/0f / ;f] ;ldltn] s'g} ;'emfj lbPsf] eP ;f]sf] ljj/0f
o; a}+sn] g]kfn /fi6« a}+ssf] lgb]{zg / k|rlnt sfg"gsf] k|fjwfg cg'?k ;~rfns ;ldltn] u}/sfo{sf/L ;~rfnssf]
;+of]hsTjdf n]vfk/LIf0f ;ldlt -Audit Committee_ sf] u7g u/]sf] 5 . o; ;ldltsf] d'Vo p2]Zo a}+ssf] cfGtl/s lgoGq0f
k|0ffnLsf] d"NofÍg, n]vfk/LIf0f k|s[ofsf] d"NofÍg, cfly{s k|ltj]bgsf] / cfly{s ljj/0f ;Dk|]if0fsf] ;'kl/j]If0f u/L a}+ssf]
cfly{s ljj/0fx? ;xL / kof{Kt /x]sf], a}+ssf ;Dk"0f{ ljefux?n] cfGtl/s k|s[of, gLlt lgodx?sf] kl/kfngf u/]÷gu/]sf]
af/] ;'lglZrt ug]{ /x]sf] 5 . o;sf clt/LQm ;ldltn] afXo n]vfk/LIf0f k|ltj]bgsf] klg ;dLIff u/L ;~rfns ;ldltnfO{
;'wf/sf nflu k|:tfj k]z ug]{ u/]sf] 5 . cf=j= @)&$÷)&% df ;ldltsf] hDdf & j6f a}7s a;]sf] lyof] h;sf] ljj/0f lgDg
cg';f/ /x]sf] 5 M

;b:ox? pk:yLlt /x]sf] a}7s ;+Vof a}7s eQf ?=
;~rfns >L g/]Gb| s'df/ cu|jfn, ;+of]hs ^ ^),))) ÷–
;~rfns >L lbg]z z+s/ kflnv], ;b:o ^ ^),))) ÷–
tTsfnLg ;~rfns >L x]dGt 1jfnL, ;b:o ! !),))) ÷–
tTsfnLg ;~rfns >L eut lji6, ;b:o $ $),))) ÷–
>L ;'lht kf]v/]n — tTsfnLg cfGtl/s n]vfk/LIf0f ljefu & –
k|d'v, ;b:o ;lrj
-7_ ljut cfly{s jif{sf] s'n Joj:yfkg vr{sf] ljj/0f
a}+ssf] cfly{s jif{ @)&$÷&% sf] sd{rf/L vr{ ?= !,)*%,*$$,!** / sfof{no ;+rfng vr{ ?= ^)(,#&$,^&(÷– u/L s'n
Joj:yfkg vr{ ?= !,^(%,@!*,*^&÷– /x]]sf] 5 .
-8_ ;~rfns, k|aGw ;~rfns, sfo{sf/L k|d'v, sDkgLsf cfwf/e"t z]o/wgL jf lghsf] glhssf gft]bf/ jf lgh ;+nUg /x]
sf] kmd{, sDkgL jf ;+u7Lt ;+:yfn] sDkgLnfO{ s'g} /sd a'emfpg afFsL eP ;f] s'/fM
gePsf]
-9_ ;~rfns, k|aGw ;~rfns, sfo{sf/L k|d'v tyf kbflwsf/Lx?nfO{ e'QmfgL ul/Psf] kfl/>lds, eQf tyf ;'ljwfsf] /sd
;+rfnsx?nfO{ e'Qmfg ul/Psf] ljj/0fM
l;=g+ ljj/0f Ef'Qmfg ul/Psf] /sd ?=
! ;+rfns ;ldltsf] a}7s eQf !,!!),))).))
hDdf -s_ !,!!),))).))
@ ;+rfns ;ldltsf] a}7ssf] cGo vr{
-s_ e|d0f vr{ #@$,$$).))
-v_ kqklqsf tyf ;+rf/ ^%),))).))
-u_ cGo ;ldlt a}7s vr{ (#),)%).))
-3_ cGo vr{ ^@(,&$$.))
hDdf -v_ @,%#$,@#$.))
s"n vr{ -s±v_ #,^$$,@#$.))
sfo{sf/L k|d'v tyf k|aGwsx?nfO{ cf= j= @)&$÷&% df e'Qmfg ul/Psf] kfl/>lds, eQf tyf ;'ljwfsf] ljj/0fM
l;=g+ ljj/0f e'Qmfg ul/Psf] /sd ?=
! k|d'v sfo{sf/L clws[t (Chief Executive Officer) !$,$#!,@)%.^#
@ gfoj k|d'v sfo{sf/L clws[t (Deputy Chief Executive Officer) *,@$!,#&^.^#
# ;xfos k|d'v sfo{sf/L clws[t (Assistant Chief Executive Officer) ^,&@&,!(*.!)
$ jl/i7 pk dxfk|aGws (Senior Deputy General Manager) ^,)!(,(%).%#
% ;xfos dxfk|aGwsx? (Assistant General Managers) !@,$#^,(#%.^&
^ jl/i7 k|aGwsx? (Senior Managers) %,&$^,(!*.(#
& k|aGwsx? (Managers) @@,*(@,$(#.!#
* pk k|aGwsx? (Deputy Managers) !$,&)%,$*$.#!
( ;xfos k|aGwsx? (Assistant Managers) $$,)$*,$(&.&)
-0f_ z]o/wgLx?n] a'lemlng afFsL /x]sf] nfef+zsf] /sd M
o; a}+sn] cf=j= @)^^÷^&, @)^&÷^*, @)^*÷^(, @)^(÷&) / @)&)÷&! df 3f]if0ff u/]sf] gub nfef+z dWo] ;dLIff cjlw;Dd
z]o/wgL dxfg'efjx?n] ?=!,(!,*&,)($.#! e'QmfgL lng afFsL /x]sf] 5 . ;fy} laut % aif{eGbf a9L cjlwb]lv nfef+z
glng'ePsf z]o/wgLx?sf] ljj/0f a}+ssf] j]e;fO6df /flvPsf] 5 .
-t_ bkmf !$! adf]lhd ;DklQ vl/b jf laqmL u/]sf] s'/fsf] ljj/0f M
ljut cf=j=df a}+sn] sDkgL P]g, @)^# sf] bkmf !$! adf]lhd ;DklQ vl/b jf laqmL u/]sf] 5}g .

-y_ bkmf !&% adf]lhd ;Da4 sDkgLaLr ePsf] sf/f]af/sf] ljj/0f M
o; ;DaGwL ljj/0f n]vf ;DaGwL l6Kk0fLdf pNn]v ul/Psf] 5 .
-b_ o; P]g tyf k|rlnt sfg'g adf]lhd ;~rfns ;ldltsf] k|ltj]bgdf v'nfpg' kg]{ cGo s'g} s'/f M
!= n]vfk/LIfs
n]vfk/LIfs >L P;Pcf/ P;f]l;P6\; rf6{8 Psfp06]06\; åf/f cf=j= @)&$÷&% sf] a}+ssf] n]vfk/LIf0f ;kmntfk"j{s ;DkGg
ug{'ePsf]df wGojfb JoQm ub{5f} . ;fy}, sDkgL P]g, @)^# sf] bkmf !!! df ePsf] Joj:yf cg';f/ cf=j= @)&%÷&^ sf] nflu
jt{dfg n]vfk/LIfs >L P;Pcf/ P;f]l;P6\; rf6{8 Psfp06]06\; k'gM lgo'lQm x'g ;Sg] ePsf]n] n]vfk/LIf0f ;ldltsf] l;kmfl/z
adf]lhd n]vfk/LIfs lgo'lQm tyf lghsf] kfl/>lds cg'df]bg ug{ o; ;fwf/0f;efdf k|:tfj k]z ul/Psf] 5 .
pk/f]Qm afx]s P]g cg';f/ v'nfpg' kg]{ s'/fx? ;+rfns ;dltsf] k|ltj]bg Pj+ n]vfk/LIf0f k|ltj]bgdf v'nfO{Psf] 5 .
@= o; a}+ssf] ;+rfns jf kbflwsf/Lx?sf] glhssf] gft]bf/ >L sDkgL /lhi6«f/sf] sfo{fno, lwtf]kq af]8{ jf g]kfn /fi6«
a}+sdf sDtLdf clws[t txdf sfo{/t /x]sf] ;DjGwL ljj/0f M
gePsf] .

k|d'v ;'rsf°x? -NFRS adf]lhd_
cfly{s jif{
ljj/0f ;"rsf°
@)&#÷&$ @)&$÷&%
1. v'b gfkmf÷s'n cfDbfgL k|ltzt 18.61% 16.70%
2. k|lt z]o/ cfDbfgL ?= 26.60 26.45
3. k|lt z]o/ afhf/ d"No ?= 485.00 300.00
4. d"No cfDbfgL cg'kft (PE Ratio) cg'kft 18.24 11.34
5. z]o/ k"FhLdf nfef+z -af]g; ;lxt_ k|ltzt 14.00% 13.16%
6. z]o/ k"FhLdf gub nfef+z e'QmfgL k|ltzt ‡ 8.16%
7. Jofh cfDbfgL÷shf{ tyf ;fk6 k|ltzt 9.12% 10.86%
8. sd{rf/L vr{÷s'n ;~rfng vr{ k|ltzt 14.24% 12.86%
9. Jofh vr{÷s'n lgIf]k tyf ;fk6L k|ltzt 5.57% 7.33%
10. ;6xL 36a9 cfDbfgL÷s'n cfDbfgL k|ltzt 2.19% 2.34%
11. sd{rf/L af]g;÷s'n sd{rf/L vr{ k|ltzt 25.76% 27.94%
12. v'b gfkmf÷shf{ tyf ;fk6 k|ltzt 2.05% 2.17%
13. v'b gfkmf÷s'n ;DklQ k|ltzt 1.53% 1.59%
14. s'n shf{÷lgIf]k k|ltzt 88.40% 86.08%
15. s'n ;~rfng vr{÷s'n ;DklQ k|ltzt 5.85% 7.04%
16. hf]lvd efl/t ;DklQdf k"FhLsf]ifsf] kof{Kttf
s_ k|fylds k"FhL k|ltzt 11.02% 10.99%
v_ k"/s k"FhL k|ltzt 1.72% 1.13%
u_ s'n k"FhLsf]if k|ltzt 12.74% 12.12%
17. t/ntf k|ltzt 8.68% 6.37%
18. lgliqmo shf{÷s'n shf{ k|ltzt 1.30% 1.09%
19. hf]lvd efl/t Jofhb/ cGt/ k|ltzt 3.49% 3.53%
20. a's g]6jy{ k|lt z]o/ ?= 167.74 161.89
21. s'n z]o/ ;+Vof 66,288,789 84,643,853
22. s'n sd{rf/L ;+Vof 803 1,221
23. cfwf/ b/ k|ltzt 10.38% 11.16%

g]kfn /fi6« a}}+saf6 k|fKt lgb]{zg ;DaGwdf a}+ssf] k|ltpQ/
!= n]vfk/LIf0f k|ltj]bgdf pNn]v ul/Psf s}lkmotx? ;'wf/ ug{ tyf To:tf s}lkmotx? bf]xf]l/g glbgsf] nflu a}+sn] cfjZos sfo{ ub}{ hfg]5 .
@= g]kfn /fi6« a}+saf6 hf/L ul/Psf] Plss[t lgb]{zg g+= !) sf] a'Fbf g+= & df pNn]lvt Joj:yf eGbf a9L x'g] u/L o; a}+sdf ;+:yfks z]o/ wf/0f ug]{
;+:yfks z]o/wgLx? gePsf] Joxf]/f hfgsf/L u/fpFb5f}+ .

l;4fy{ a}+s lnld6]8sf] k|aGwkqdf
k|:tfljt ;+zf]wg ÷yk ÷36sf] tLgdxn] ljj/0f
;fljssf] Joj:yf ;+zf]lwt tyf yk Joj:yf ;+zf]wg tyf yk ug'{kgf{sf] sf/0f

gePsf] . bkmf #-!_ sf] v08 -r_M z]o/ a|f]s]/]h ;DaGwL sfo{ ug{sf nflu
;DalGwt lgsfosf] :jLs[lt lnO{ a}+s cfkm} k|aGwkqdf p2]Zo yk Joj:yf ug'{ kg]{
jf ;xfos sDkgL dfkm{t z]o/ a|f]s/]h ePsfn] .
;DaGwL cfjZos sfo{ ug]{ .
gePsf] . bkmf #-!_ sf] v08 -5_ M ljb]zL C0fsf] ;fFjf Aofh c;'nL tyf
ljb]zL nufgLstf{x?n] g]kfnsf Default C0fLsf] C0f Joj:yfks eO{
ljleGg pBf]u Pj+ kl/of]hgfx?df C0f Ph]G;L ;]jf k|bfg ug{sf nfuL g]kfn
nufgL ubf{ To:tf] C0fsf] ;fFjf Aofh /fi6« a}+sn]] tf]s] adf]lhd k|aGwkqdf yk
c;'nL tyf Default ePsf C0fLx?sf] Joj:yf ug'{ kg]{ ePsfn] .
lwtf] lnnfdL ;Ddsf k|lqmof k"/f ug]{
u/L ;du| C0f Joj:yfkgsf] nflu g]kfn /fi6«
a}+sn]] tf]s] adf]lhd Ph]G;L ;]jf k|bfg ug]{
;DaGwL sfo{ ug{ .
bkmf $ sf] -ª_ M bkmf $ sf] -ª_ M a}+sn] l8a]Gr/ hf/L ug{ ;Sg] ;DaGwL
a}+ssf] gfdaf6 z]o/ jf l8a]Gr/ vl/b a}+ssf] gfdaf6 z]o/, l8a]Gr/ vl/b ug{ Joj:yfdf yk :ki6 ug'{kg]{ ePsf]n] .
ug{ tyf To;nfO{ laqmL ug{ ;Sg]5 . tyf To;nfO{ laqmL ug{ / a}+s cfkm}+n]
z]o/, l8a]Gr/ hf/L ug{ ;Sg]5 .
%= a}+ssf] k"FhLsf] ;+/rgfM %= a}+ssf] k"FhLsf] ;+/rgfM a}+sn] % k|ltzt af]gz z]o/ k|bfg ug]{
bkmf %-!_ sf] v08 -v_ M bkmf %-!_ sf] v08 -v_ M lg0f{o adf]lhd hf/L k'FhL j[l4 ug'{kg]{
a}+ssf] hf/L k'FhL ?= *,$^,$#,*%,@&@÷– a}+ssf] hf/L k'FhL ?= *,**,&^,)$,%#^÷– ePsf]n] .
-cf7 cj{ 5ofnL; s/f]8 qLrfnL; nfv -cf7 ca{ c7f;L s/f]8 5}xQ/ nfv rf/
krf;L xhf/ b'O{;o axQ/ ?k}+of_ x'g]5 . xhf/ kfFr ;o 5QL; ?k}+of_ x'g]5 .
bkmf %-!_ sf] v08 -u_ M bkmf %-!_ sf] v08 -u_ M a}+sn] % k|ltzt af]gz z]o/ k|bfg ug]{
a}+ssf] r'Qmf k'FhL ?= *,$^,$#,*%,@&@÷– a}+ssf] r'Qmf k'FhL ?= *,**,&^,)$,%#^÷– lg0f{o adf]lhd r'Qmfk'FhL j[l4 ug'{ kg]{
-cf7 cj{ 5ofnL; s/f]8 qLrfnL; nfv -cf7 ca{ c7f;L s/f]8 5}xQ/ nfv rf/ ePsf]n] .
krf;L xhf/ b'O{ ;o axQ/ ?k}+of_ xhf/ kfFr ;o 5QL; ?k}+of_ x'g]5 .
x'g]5 .

l;4fy{ a}+s lnld6]8sf] lgodfjnLdf
k|:tfljt ;+zf]wg ÷yk ÷36sf] tLgdxn] ljj/0f
lgod !@= ;+rfns ;ldltsf] a}7s lgod !@= ;+rfns ;ldltsf] a}7s lel8of] sGkm]/]G; jf To:t} k|sf/sf]
-!%_ ;+rfns ;ldlt jf ;+rfns :t/Lo cGo k|ljlw dfkm{t klg ;+rfns ;ldlt
;ldltsf] a}7sdf s'g} ;+rfns jf ;+rfns :t/Lo ;ldltsf] a}7s ug{
ef}lts ?kdf pkl:yt x'g g;Sg] ePdf pko'Qm 7flgPsfn] .
lel8of] sGkm]/]G; jf To:t} k|sf/sf] cGo
k|ljlw dfkm{t ;+rfns ;ldlt jf ;+rfns
:t/Lo ;ldltsf] a}7sdf efu lng
;Sg]5g\ .
!@= -!%_ ;+rfns ;ldlt ;DaGwL cGo !@= -!^_ ;+rfns ;ldltsf] a}7s ;DaGwL ;fljs pklgod -!%_ nfO{ vf/]h u/L ;f]
s'/fx? k|rlnt sfg'gdf Aoj:yf eP cGo s'/fx? k|rlnt a}+s tyf ljQLo nfO{ ;+zf]wg u/L pklgod -!^_ yk u/L
cg'?k x'g]5 . ;+:yf ;DaGwL sfg'g, sDkgL sfg'g ;f]xL cg';f/ qmd ldnfpg' kg]{ ePsf]n] .
nufotsf k|rlnt sfg'gdf Joj:yf eP
adf]lhd x'g]5 .
#!=!-s_ ;+rfnx?sf] a}7s eQf tyf ;'ljwf #!=!-s_ ;+rfnx?sf] a}7s eQf tyf ;'ljwf – lgodfjnLsf] ;+zf]wg @)&@ ldlt
b]xfo adf]lhd x'g]5 M -!_ k|lt a}7s b]xfo adf]lhd x'g]5 M -!_ k|lt a}7s @)&@.!@.#) ut]sf lbg sDkgL /lhi6«f/sf]
cWoIfnfO{ ?= !@,))) sf b/n] / cWoIfnfO{ ?= !%,))) sf b/n] / ;+rfnsnfO{ sfof{noaf6 pklgod -!_ / -@_ ;+zf]wg eO{
;+rfnsnfO{ ?= !),))) sf b/n] a}7s ?= !@,))) sf b/n] a}7s eQf pknAw clen]v u/L k7fPsf]df pklgod -@_ df
eQf pknAw u/fO{g]5 . u/fO{g]5 . lel8of] sGkm]/]G; jf To:t} cGo Joj:yf ePsf] / ldlt @)^$.(.@& df
k|sf/sf] cGo k|ljlw dfkm{t a}7sdf efu ePsf] ;+zf]wg clen]v cg';f/ pklgod
lng] ;+rfnsnfO{ a}7s eQf lbO{g] 5 t/ -@_ oyfjt g} sfod /lx/x]sf] cj:yfdf
To:tf] a}7ssf] nflu b}lgs eQf lbO{g] ldlt @)&@.!@.#) df ePsf] ;+zf]wg clen]
5}g . vn] vf/]h gu/] klg @)^$.(.@& df
ePsf] ;+zf]wg clen]v k|lt:yfkg ePsf]
-@_ sf7df08f} pkTosf aflx/af6 -@_ sf7df08f} pkTosf aflx/af6 ;+rfns h:tf] b]lvPsf] sf/0fn] ldlt @)&@.!@.#)
;+rfns ;ldltsf] a}7sdf efu lng ;ldlt jf ;+rfns :t/Lo ;ldltsf] df ePsf] ;+zf]wg clen]v oyfjtg}
cfpg' x'g] ;+rfnsx?sf] nflu cft]hft] a}7sdf efu lng cfpg' x'g] ;+rfnsx?sf] /fvL lgodfjnLsf] #! -s_ sf] ;fljs
xjfO{ hxfhsf] nfu]sf] jf:tljs ef8f nflu cft]hft] xjfO{ hxfhsf] nfu] pklgod -@_ -@)^$.(.@& df ePsf]
-Po/kf]6{ 6\ofS; ;d]t_ sf] cnfjf vfg sf] jf:tljs ef8f -Po/kf]6{ 6\ofS; ;+zf]wg clen]v_ nfO{ pklgod gDa/
a:g tyf cGo e}k/L cfpg] vr{ jfkt ;d]t_ sf] cnfjf vfg a:g tyf cGo ;+zf]wg u/L -#_ ug'{kg]{ ePsf] / ;fljssf]
b}lgs ?= %,)))÷– a9Ldf b'O{ lbg;Ddsf] e}k/L cfpg] vr{ afkt a}7s a;]sf] Joj:yfdf yk k|i6 kfg{ pko'Qm ePsfn] .
eQf lbO{g]5 . lbgsf] b}lgs ?= !),)))÷– eQf lbO{g]5 .
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lgod #%= C0f jf l8a]Gr/ ;DaGwL lgod #%= C0f jf l8a]Gr/ ;DaGwL ;+rfns ;ldltsf] lg0f{o adf]lhd a}+sn] C0f,
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l6kf]6 M

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zfvf k|d'vx?
k|b]z g+= !
cfdrf]s Onfd O6x/L
zfvf k|d'v M x]d s'df/ >]i7 zfvf k|d'v M uf]ljGb l3ld/] zfvf k|d'v M lgn]z cfrfo{
7]ufgf M cfdrf]s–$, afn+vf, ef]hk'/ 7]ufgf M Onfd–!, Onfd ahf/, Onfd 7]ufgf M O6x/L–!, d]g rf]s, ;'g;/L
kmf]g g+= M )!–^@@&@@* kmf]g g M )@&–%@)&^^, %@!&## kmf]g g+= M )@%–%*$&@!
pnf{jf/L -PS:6]G;g sfp06/_ sfs/leQf vfFbjf/L
zfvf k|d'v M cf]d k|sfz lwtfn zfvf k|d'v M rGb| s'df/ kf]v/]n zfvf k|d'v M pd]z nD;fn
7]ufgf M pnf{jf/L–%, df]/Ë 7]ufgf M d]rLgu/–&, sfs/leQf, emfkf 7]ufgf M vfFbjf/L–#, vfFbjf/L, ;+v
+ j' f;ef
kmf]g g+= M )@!–%$)^!& kmf]g g+= M )@#–%^@(*)÷%^@*&$ kmf]g g+= M )@(–%^!!&@
u9L ufO{3f6 uf}/fbx
zfvf k|d'v M s]zj >]i7 zfvf k|d'v= M ;'/]z sfsL{ zfvf k|d'v M g'tg lu/L
7]ufgf M u9L–@, cf}/fjgL, ;'g;/L 7]ufgf M lqo'uf–!!, ufO3f6, pbok'/ 7]ufgf M uf}/fbx–@, uf}/fbx ahf/, emfkf
kmf]g g+= M )#%–$@!^!*÷$@!^!( kmf]g g+= M )@#–$*)#&$
rGb|u9L tfKn]h'Ë bds
zfvf k|d'v M ;'lw/ e08f/L zfvf k|d'v M ;'/]z kf7s zfvf k|d'v M d'lQm gfy ef/tL
7]ufgf M eb|k'/–)&, rGb|u9L, emfkf 7]ufgf M km'ªlnË–)$, tfKn]hË
' ahf/, tfKn]hË
' 7]ufg M bds–!#, bds ahf/, emfkf
kmf]g g+= M )@#–$%^(#( kmf]g g+= M )@!–$^!)%^÷%& kmf]g g+= M )@&–%*%!@&
wgs'6f w/fg gfDr]
zfvf k|d'v M >j0f s'df/ >]i7 zfvf k|d'v M lbks s'df/ yfkf zfvf k|d'v M ;ldk l;+x kxf/L
7]ufgf M wgs'6f–&, wgs'6f ahf/, wgs'6f 7]ufgf M w/fg–%, ;'g;/L 7]ufgf M v'Da' kf;fË Nxfd'–$, gfDr], ;f]n'v'Da'
kmf]g g+= M )@^–%@!%!!÷!@ kmf]g g+= M )@%–%#$)@@ kmf]g g+= M )#*–%$)$%!
ky/L lkmSsn a]N6f/
zfvf k|d'v M l6sf axfb'/ sfsL{ zfvf k|d'v M k|j]z l3ld/] zfvf k|d'v M ;'gLn kf]v/]n
7]ufgf M ky/L zlgZr/]–!, ky/L ahf/, df]/Ë 7]ufgf M ;'of]{bo–^, lkmSsn ahf/, Onfd 7]ufgf M a]N6f/ a;fxf–)!, a]N6f/, pbok'/
kmf]g g+= M )@!–%%%)$) kmf]g g+= M )@&–%$)#%#÷%$ kmf]g g M )#%–$$)@#)
dsfn' ljtf{df]8 lj/f6rf]s
zfvf k|d'v M /d]z /fpt zfvf k|d'v M xl/ k||;fb nfld5fg] zfvf k|d'v M k|ljGb| >]i7
7]ufgf M dsfn'–%, g'd ahf/, ;+v'jf;ef 7]ufgf M ljtf{df]8–)$, eb|k'/ /f]8, emfkf 7]ufgf M ;'Gb/ x/}r+ f–!), lj/f6rf]s, df]/Ë
kmf]g g+= M )@&–^(!@#* kmf]g g+= M )@#–%$%&^) kmf]g g M )@!–%$%%@#÷@$
lj/f6gu/ ;'?Ëf
zfvf k|d'v M Hof]ltGb| kf}8]n zfvf k|d'v M cd/ /fgf du/
7]ufgf M lj/f6gu/–!, d]g /f]8, df]/Ë 7]ufgf M sGsfO{–#, ;'?Ëf, emfkf
kmf]g g+= M )@!–%#@()! kmf]g g+= M )@#–%%!#%*÷%(
k|b]z g+= @
cfbz{sf]6jfn sn}of u?8f
zfvf k|d'v M pdË kfv/Lg zfvf k|d'v M ;Ghg s'df/ l;+x zfvf k|d'v M s}nf; rf}w/L
7]ufgf M cfb{z sf]6jfn–!, hogu/, Ro'tfxf, af/f 7]ufgf M sn}of– *, jf/f 7]ufgf M u?8f– )@, /f}tx6
kmf]g g+= M )%#–^@))#% kmf]g g+= M )%#–%%!(@) kmf]g g+= M )%%–%^%$#%÷%%%$#&
uf}zfnf rGb|k'/ l5/]Zj/
zfvf k|d'v M dgdf]xg nfn zfx zfvf k|d'v M lglt; j:g]t zfvf k|d'v M ;lt; s'df/ s0f{
7]ufgf M uf}zfnf – %, dxf]Q/L 7]ufgf M rGb|k'/–)$, /f}tx6 7]ufgf M l5/]Zj/gfy–%, ;v'jf, dx]Gb|gu/ wg'iff
kmf]g g+= M )$$–%%^!(#÷%%^@%# kmf]g g+= M )%%–%$)^#)÷%$)^#! kmf]g g+ M )$!–%$)$@*÷%$)$*&
hgsk'/ b]jtfn alb{jf;
zfvf k|d'v M /;' sfkmn] zfvf k|d'v M cf]d k|tfk kl08t zfvf k|d'v M cg{ jxfb'/ jndkfsL
7]ufgf M hgsk'/ – !, ldN; P/Lof, wg''iff 7]ufgf M b]jtfn – )$, jf/f 7]ufgf M jlb{jf;–)! -u_, dxf]Q/L
kmf]g g+= M )$!–%@*)*! kmf]g g+= M )%#–^@))!( kmf]g g+= M )$$–%%)^$)
ax'b/dfO{ dfwjgf/fo0f ldr}{of
zfvf k|d'v M ?k;]g ho;jfn zfvf k|d'v M ho k|sfz u'/f] zfvf k|d'v M lg/h /fpt
7]ufgf M ax'b/dfO{–)$, k;f{ 7]ufgf M dfwjgf/fo0f–^, dfwjk'/, /f}tx6 7]ufgf M ldr}{of–^, ldr}{of ahf/, l;/fxf
kmf]g g+= M )##–%%))*$÷%%)@!^

/fhlj/fh /fduf]kfnk'/ nxfg
zfvf k|d'v M ;Gtf]if zfx zfvf k|d'v M cfzLif bf; zfvf k|d'v M /fd k|df]b ofbj
7]ufgf M /fhlj/fh–&, /fhlj/fh, ;Kt/L 7]ufgf M /fduf]kfnk'/–%, /fduf]kfnk'/ ahf/, dxf]Q/L 7]ufgf M nxfg –#, nxfg ahf/, l;/fxf
kmf]g g+= M )##–%@@)%#÷%$ kmf]g g+= M )$$–$!))*#÷*$ kmf]g g+= M )##–%^)(^(÷&)
nfnaGbL jL/u+h l;d/f

zfvf k|d'v M lji0f' k|;fb zdf{ zfvf k|d'v M jfj' /fd Gof}kfg] zfvf k|d'v M s[i0f k|zfb uf}td
7]ufgf M nfnaGbL–^, nfnaGbL ahf/, ;nf{xL 7]ufgf M jL/u+h–)^, cfbz{gu/, jL/u+h, k;f{ 7]ufgf M u9LdfO{– @, l;d/f, af/f
kmf]g g+= M )$^–%)!#^( kmf]g g+= M )%!–%#!)!! kmf]g g+= M )%#–%@!($
k|b]z g+= #
pkTosf leq
cgfdgu/ sdnljgfos sn+sL

zfvf k|d'v M l/hg t'nfw/ zfvf k|d'v M /lj >]i7 zfvf k|d'v M l/rf l;njfn
7]ufgf M sf7df8f}+–#@, cgfdgu/, sf7df8f}+ 7]ufgf M eQmk'/–!, Rofdfl;ª, sdnljgfos eQmk'/ 7]ufgf M sf7df8f}+–!$, sn+sL, sf7df8f}+
kmf]g g+= M )!–%&)^!%!÷%@ kmf]g g+= M )!–^^@)#*)÷*! kmf]g g+= M )!–%@!(%&)
sflGtky s'df/Lkf6L s'n]Zj/
zfvf k|d'v M ld/f kGt zfvf k|d'v M lznf tfHof zfvf k|d'v M dlxdf cof{n
7]ufgf M sf7df8f}+–#), sflGtky, sf7df8f}+ 7]ufgf M nlntk'/–!( s'df/Lkf6L, nlntk'/ 7]ufgf M sf7df8f}+–!$, s'n]Zj/, sf7df8f}+
kmf]g g+= M )!–$@@^))@÷$@$)((* kmf]g g+= M )!–%))*^$* kmf]g g+= M )!–$@*$!!)
u¶f3/ uf]Ëj' rfjlxn
zfvf k|d'v M /f]zg k/fh'nL zfvf k|d'v M ldg jxfb'/ rf}nfufO{ zfvf k|d'v M piff cfrfo{
7]ufgf M dWok'/ lydL–!%, u¶f3/, eQmk'/ 7]ufgf M sf7df8f}+–@(, uf]Ëj', sf7df8f}+ 7]ufgf M sf7df8f}+–)&, rfjlxn rf]s, sf7df8f}+
kmf]g g+= M )!–%^#($#% kmf]g g+= M )!–$#*(@@& kmf]g g+= M )!–$$*@&(%÷$$(@$*#
hf]/kf6L 7d]n ltgs'g]
zfvf k|d'v M n;" ;'Jjf tf]Djfkf] zfvf k|d'v M k'hf jh|frfo{ zfvf k|d'v M ljg' e08f/L
7]ufgf M uf]s{0f]Zj/–!, hf]/kf6L, sf7df8f}+ 7]ufgf M sf7df8f}+–@(, 7d]n, sf7df8f}+ 7]ufgf M sf7df8f}+–#%,ltgs'g], sf7df8f}+
kmf]g g+= M )!–$(!)&(^÷$(!)&** kmf]g g+= M )!–$&)!#$) kmf]g g+= M )!–$!!!($!÷$!!!**!
Go"/f]8 kf6g k'tnL;8s -PS:6]G;g sfp06/_
zfvf k|d'v M ljKnjL l;+x zfvf k|d'v M 1fg]Gb| dxh{g zfvf k|d'v M lg/g s]=;L
7]ufgf M sf7df8f}+–@@, wd{ky, sf7df8f}+ 7]ufgf M nlntk'/–@!, kf6g, nlntk'/ 7]ufgf M sf7df8f}+–@*, k'tnL;8s, sf7df8f}+
kmf]g g+= M )!–$@@$^!^ kmf]g g+= M )!–%))%%#! kmf]g g+= M )!–$@@&&(^÷$@^$*%&
k'/fgf] afg]Zj/ af}4 dxf/fhuGh
zfvf k|d'v M cho s'df/ l;+x zfvf k|d'v M ;/f]hf /]UdL zfvf k|d'v M lgdf g]kfn
7]ufgf M sf7df8f}+–!), k'/fgf] afg]Zj/, sf7df8f}+ 7]ufgf M sf7df8f}+–$, af}4, sf7df8f}+ 7]ufgf M sf7df8f}+–%, dxf/fhuGh, sf7df8f}+
kmf]g g+= M )!–$$*$((& kmf]g g+= M )!–$$()&(& kmf]g g+= M )!–$#&$()(
lj P08 lj -PS:6]G;g sfp06/_ ;/:jtLgu/ ;ftbf]af6f]
zfvf k|d'v M l/tf bxfn zfvf k|d'v M k'ik /fh cof{n zfvf k|d'v M lk|of >]i7
7]ufgf M nlntk'/–!& Ujfsf]{, nlntk'/ 7]ufgf M sf7df8f}+–^, ;/:jtLgu/, sf7df8f}+ 7]ufgf M nlntk'/–!%, ;ftbf]jf6f], nlntk'/
kmf]g g+= M )!–%))&^@! kmf]g g+= M )!–$*@@&#) kmf]g g+= M )!–%!%#@&
:joDe' z+vd'n xflQ;f/
zfvf k|d'v M k|ljg cdfTo zfvf k|d'v M nlntf clwsf/L zfvf k|d'v M d0fLnfn lyË tfdfË
7]ufgf M sf7df8f}+–!%, xnrf]s, sf7df8f}+ 7]ufgf M sf7df8f}+–#!, z+vd'n, sf7df8f}+ 7]ufgf M sf7df8f–!, xflQ;f/, sf7df8f}+
kmf]g g+= M )!–$)##^)^ kmf]g g+= M )!–$&*!%!^ kmf]g g+= M )!–$$$@(!(
lqk'/]Zj/
zfvf k|d'v M gj/fh sfsL{
7]ufgf M sf7df8f}+–!!, lqk'/]Zj/, sf7df8f}+
kmf]g g+= M )!–$@#@%)$

pkTosf aflx/
uf]s'nu+uf uf]nGhf]/ rl/sf]6
zfvf k|d'v M k|lbk s'df/ sfsL{ zfvf k|d'v M kz'klt ljqmd yfkf zfvf k|d'v M k]d l5/L z]kf{
7]ufgf M uf]s'nu+uf–#, led;]gyfg, /fd]5fk 7]ufgf M uf]nGhf]/–%, UjfN6f/, l;Gw'nL 7]ufgf M led]Zj/–)#, rl/sf]6, bf]nvf
kmf]g g+= M )$$–^(@)(! kmf]g g+= M )$&–^(@)$ kmf]g g+= M )$(–$@!!@!÷$@!@$(
6f+8L gf/fo0f3f6 k;f{

zfvf k|d'v M cleif]s s'df/ yfkf zfvf k|d'v M clgn >]i7 zfvf k|d'v M clgkm ltjf/L
7]ufgf M /Tggu/–*, 6f+8L, lrtjg 7]ufgf M e/tk'/–$, ;lxbrf]s, gf/fo0f3f6, lrtjg 7]ufgf M v}/xgL–*, k;f{, lrtjg
kmf]g g+= M )%^–%^#!$% kmf]g g+= M )%^–%&!!@& kmf]g g+= M )%^–@*#$))÷%*##!!
a§f/ ag]kf e/tk'/

zfvf k|d'v M pQ/ Wjh nfdf zfvf k|d'v M k|e' s;kfn zfvf k|d'v M /ljg yfkf
7]ufgf M ljb'/–)@, a§f/, g'jfsf]6 7]ufgf M ag]kf–&, ag]kf ahf/, sfe|] 7]ufgf M e/tk'/–!), l/hfnrf]s, lrtjg
kmf]g g+= M )!)–%^!($^÷$& kmf]g g+= M )!!–^^#(@%÷^^#(%% kmf]g g+= M )%^–%@!(*!÷%@#!(!
/f]zL l;Gw'nL x]6f}+8f

zfvf k|d'v M /fd s'df/ /f]sf zfvf k|d'v M ch'{g kf]v/]n zfvf k|d'v M ck{0f ;Gh]n
7]ufgf M /f]zL–&, s6'~h], sfe|]knf~rf]s 7]ufgf M sdnfdfO{{–^ df9L ahf/, l;Gw'nL 7]ufgf M x]6f}+8f–!), a}+s /f]8, dsjfgk''/
kmf]g g+= M )$&–%@)&$*÷$& kmf]g g+= M )%&–%@^&^&
u08sL k|b]z
sfjf;f]tL u}+8fsf]6 lrKn]9'+uf
zfvf k|d'v M l6kfxfË lkmofs zfvf k|d'v M l/s]z >]i7 zfvf k|d'v M jf;gf kflnv]
7]ufgf M sfjf;f]tL–@, sfjf;f]tL ahf/, gjnk'/ 7]ufgf M u}+8fsf]6–$, u}+8fsf]6, gjnk'/ 7]ufgf M kf]v/f–)(, lrKn]9'+uf, sf:sL
kmf]g g+= M )&*–%$!!##÷%$!!#$ kmf]g g+= M )&*–%)!&#(÷%)#!*# kmf]g g+= M )^!–%$)&@%
bdf}nL b''n]uf}8f b]j3f6

zfvf k|d'v M ;'/]z /fh Gof}kfg] zfvf k|d'v M ljZjf; jf:tf]nf zfvf k|d'v M dx]Gb| uf]bf/
7]ufgf M Jof;–)@, bdf}nL, tgx'+ 7]ufgf M z'Snfu08sL–#, b''n]uf}+8f, tgx'+ 7]ufgf M b]j3f6–)%, b]j3f6, tgx'+
kmf]g g+= M )^%–%^!&()÷%^@^() kmf]g g+= M )^%–$!$$@@÷@# kmf]g g+= M )%^–%)))($÷(%
k:of{Ë kf]v/f au/

zfvf k|d'v M clg?b| a/fn zfvf k|d'v M ;'/h s'df/ hf]zL zfvf k|d'v M ;'/]Gb| >]i7
7]ufgf M kf]v/f–%, k:of{Ë, sf:sL 7]ufgf M kf]v/f–*, Go"/f]8, sf:sL 7]ufgf M kf]v/f–!, au/, sf:sL
kmf]g g+= M )^!–$!(%!@÷$!(!(% kmf]g g+= M )^!–%%!##* kmf]g g+= M )^!–%@&&$&
afUn'Ë la/f}6f a]gL

zfvf k|d'v M ;'hLt ef/L zfvf k|d'v M zf]efsfGt kf}8]n zfvf k|d'v M u0f]z kf7s
7]ufgf M afUn'Ë–)@, afUn'Ë ahf/, afUn'Ë 7]ufgf M kf]v/f–!&, la/f}6f, sf:sL 7]ufgf M a]gL–)&, a]gL, DofUbL
kmf]g g+= M )^*–%@@(##÷%@@(#$ kmf]g g+= M )^!–$^)!*% kmf]g g+= M )^(–%@!@%&÷%@!@%*
a'4rf]s n]s;fO8 n]vgfy

zfvf k|d'v M sdn e08f/L zfvf k|d'v M ljgo kxf/L zfvf k|d'v M s]zj /fh kf}8]n
7]ufgf M j'4rf]s–!), kf]v/f, sf:sL 7]ufgf M kf]v/f–)^, n]s;fO8, kf]v/f 7]ufgf M kf]v/f–@&, n]vgfy, sf:sL
kmf]g g+= M )^!–$#@%)% kmf]g g+= M )^!–$^$$!$ kmf]g g+= M )^!–%^!*#*÷*#(
ljgoL lqj]0fL j];Lzx/

zfvf k|dv ' M eujt 9'u+ n
] zfvf k|dv ' M ?b| k|;fb kf]v/]n
7]ufgf M ljgoL lqj]0fL–)!, b'DsLjf;, gjnk/f;L 7]ufgf M j];Lzx/–)*, j];Lzx/, nDh'Ë
kmf]g g+= M )&*–$!^!*^÷() kmf]g g+= M )^^–%@!#^(÷%@!#&)

k|b]z g+= %
s[i0fgu/ sf]6Lxjf sf]xnk'/
zfvf k|d'v M /fd k|;fb v/fn zfvf k|d'v M sdn sf]O/fnf zfvf k|d'v M ldun l;+x 7s'/L
7]ufgf M s[i0fgu/–@, slknj:t' 7]ufgf M ltnf]Qdf–!%, sf]6Lxjf, ?kGb]xL 7]ufgf M sf]xnk'/–!!, ;'v]{t /f]8, aFfs]
kmf]g g+= M )&*–%@)^%^ kmf]g g+= M )&!–%!$!%^÷%!$)@$ kmf]g g+= M )*!–%$@)$)
vh'/f 3f]/fxL rGb|f}6f
zfvf k|d'v M dlg; s'df/ >]i7 zfvf k|d'v M /Ghg sf]O/fnf zfvf k|d'v M led jxfb'/ s];L
7]ufgf M vh'/f–#, vh'/f, af+s] 7]ufgf M 3f]/fxL–!!, ;lxbrf]s, bfË 7]ufgf M lzj/fh–)^, rGb|f}6f, slknj:t'
kmf]g g+= M )*!–%^)!!$÷!!% kmf]g g+= M )*@–%^#!&$ kmf]g g+= M )&^–%$%@!÷@
lhtk'/ h'd|L t'n;Lk'/
zfvf k|d'v M dgf]h kf}8\ofn zfvf k|d'v M df]xg kf]v/]n zfvf k|d'v M k|sfz yfkf
7]ufgf M af0fu+uf–!, lhtk'/, slknj:t' 7]ufgf M Ko'7fg–$, h'd|L, Ko'7fg 7]ufgf M t'n;Lk'/–%, la=kL= rf]s -s nfO{g_, bfË
kmf]g g+= M )&^–%%)$@% kmf]g g+= M )*^–$^)!%#÷$^)!%$ kmf]g g+= M )*@–%@!&)(&
g]kfnuGh k/f;L kfNkf
zfvf k|d'v M d]3 gfy 9sfn zfvf k|d'v M slkn sfkm\n] zfvf k|d'v M v'd nfn kf}8]n
7]ufgf M g]kfnuGh–!, ;'v]{t /f]8, jf+s] 7]ufgf M /fdu|fd–%, k/f;L, gjnk/f;L 7]ufgf M tfg;]g–)#, tfG;]g ahf/, kfNkf
kmf]g g+= M )*@–%@!&)&÷%@&(#@ kmf]g g+= M )&*–%@)%$& kmf]g g+= M )&%–%@!%^&÷%@!%^*
k'yf pQ/u+uf ab{3f6 a'6jn
zfvf k|d'v M hgs /fh cf]emf zfvf k|d'v M ljgo >]i7 zfvf k|d'v M rGb| b]j kf}8]n
7]ufgf M k'yf pQ/u+uf–!@, ?s'd k'j{ 7]ufgf M jb{3f6–)$ gjnk/f;L 7]ufgf M a'6jn–)*, ldngrf]s, a'6jn
kmf]g g+= M )%*–%)#^&$ kmf]g g+= M )&*–%*)^)&÷)* kmf]g g+= M )&!–%%!%$)
e}/xjf dr{jf/L dl0fu|fd
zfvf k|d'v M lhjg l3dL/] zfvf k|d'v M xl/ gf/fo0f rf}w/L zfvf k|d'v M /fh]Gb| k|zfb cfrfo{
7]ufgf M e}/xjf–!@, kxf/L 6f]n, ?kGb]xL 7]ufgf M dr{jf/L–#, /fok'/, ?kGb]xL 7]ufgf M ltnf]Qdf–%, dl0fu|fd, ?kGb]xL
kmf]g g+= M )&!–%@#^$% kmf]g g+= M )&!–^@@%!$ kmf]g g+= M )&!–%^)*)^÷)&
ozf]w/f of]uLs'6L ndxL
zfvf k|d'v M gj/fh ;'j]bL zfvf k|d'v M nIdL k|;fb 1jfnL zfvf k|d'v M /ljg 9sfn
7]ufgf M ozf]w/f–^, dof{bk'/, slknj:t' 7]ufgf M ltnf]Qdf–#, of]uLs'6L, ?kGb]xL 7]ufgf M ndxL–%, ndxL ahf/, bfË
kmf]g g+= M )&^ –^@)@#^ kmf]g g+= M )&!–$#*^)&÷$#*^!$ kmf]g g+= M )*@–%$)()%
;f}/fxf km;f{l6s/
zfvf k|d'v M ch'{g uf}td
7]ufgf M z'4f]wg–%, ;f}/fxf, ?kGb]xL
kmf]g g+= M )&!–$))@!&÷!*
s0ff{nL k|b]z
h'Dnf b}n]v d';Lsf]6
zfvf k|d'v M k|sfz ltjf/L zfvf k|d'v M lgd{{n afd zfvf k|d'v M o'j/fh sf]O/fnf
7]ufgf M rGbggfy–%, vn+uf ahf/, h'Dnf 7]ufgf M gf/fo0f gu/kflnsf–)!, b}nv
] ahf/, b}nv
] 7]ufgf M d';Lsf]6–%, vn+uf ahf/, ?s'd klZrd
kmf]g g+= M )(!–%^!!^#÷^$ kmf]g g+= M )*(–$@)%^) kmf]g g+= M )**–%#)#*)
;'v]{t
zfvf k|d'v M /3' gfy lqkf7L
7]ufgf M lj/]Gb| gu/– ^, h'Dnf /f]8, ;'v]{t
kmf]g g+= M )*#–%@#*%@
;'b'/klZrd k|b]z
cQ/Lof af}lgof l6sfk'/
zfvf k|d'v M lblnk k+ufnL zfvf k|d'v M lwdfGt /fh lu/L zfvf k|d'v M lgt]z >]i7
7]ufgf M uf]bfjf/L–)@, cQ/Lof, s}nfnL 7]ufgf M ab{uf]/Lof–)@, jf}gLof, s}nfnL 7]ufgf M l6sfk'/–(, d]g/f]8, s}nfnL
kmf]g g+= M )(!–%%)%!^÷%%))#! kmf]g g+= M )(!–$)$!!*÷!!( kmf]g g+= M )(!–%^!!^#
88]Nw'/f wgu9L a'l9u+uf
zfvf k|d'v M of]u]Gb| e08f/L zfvf k|d'v M cg'k j:g]t zfvf k|d'v M wd{ gGb cj:yL
7]ufgf M cd/u9L–)%, 88]Nw'/f 7]ufgf M wgu9L–)@, d]g/f]8, s}nfnL 7]ufgf M j'l9u+uf–^, j'l9u+uf ahf/, afh'/f
kmf]g g+= M )(^–$!))!$ kmf]g g+= M )(!–%@&$^#
dx]Gb|gu/ nDsL
zfvf k|d'v M e'jg k|;fb kGt zfvf k|d'v M k|s[tL zfGt 7s'/f7L
7]ufgf M ledbQgu/–$, dx]Gb|gu/, s~rgk'/ 7]ufgf M nDsL r'xf–)!, nDsL ahf/, s}nfnL
kmf]g g+= M )((–%@)!^# kmf]g g+= M )(!–%$)%#^÷#&

-g]kfn /fi6« a}+saf6 æsÆ ju{sf] Ohfhtkqk|fKt ;+:yf_

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b= k|d]z >]i7 b= ;'Gb/ k|= s8]n b= zDe' gfy uf}td

ldlt – d+l;/ ^, @)&% -22 November 2018_

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b= k|d]z >]i7 b= ;'Gb/ k|= s8]n b= zDe' gfy uf}td

ldlt – d+l;/ ^, @)&% -22 November 2018_

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jflif{s k|ltj]bg @)&$÷&% 25

1.2 Financial Statements

1.3 Principal Activities and Operations

Ownership of Subsidiary as at 16th July 2018 is given below:

16th July 15th July

2.2. Reporting period and approval of Financial Statements

26 jflif{s k|ltj]bg @)&$÷&%

2.4. Use of Estimates, assumptions and judgements

2.4.1 Going Concern

2.4.2 Fair Value of Financial Instruments

2.4.3 Impairment of Financial Assets – Loans and Advances

2.4.4 Impairment of Available for Sale Investments

jflif{s k|ltj]bg @)&$÷&% 27

2.4.7 Fair Value of Property, Plant and Equipment

28 jflif{s k|ltj]bg @)&$÷&%

(iii) IFRS 16- Leases

2.7. New Standards and interpretation not adopted

3 SIGNIFICANT ACCOUNTING POLICIES

3.1 Basis of Measurement

3.2 Basis of consolidation

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b. Non-Controlling Interest (NCI)

This Subsidiary of the Bank has been incorporated in Nepal.

e. Special Purpose Entity (SPE)

f. Transaction elimination on consolidation

30 jflif{s k|ltj]bg @)&$÷&%

3.4 Financial assets and Financial Liabilities