GUARDIAN SOUHARDA  SAHAKARI BANK NIYAMITA, BANGALORE
P R O F I T   &   L O S S    A C C O U N T   F O R   T H E   Y E A R   E N D E D   31 ST   M A R C H,  2 0 0 7
Year Ended		SCH.	Year Ended	Year Ended		SCH.	Year Ended
31.03.2006	EXPENDITURE	No.	31.03.2007	31.03.2006	INCOME	No.	31.03.2007
Rs.     Ps.			Rs.     Ps.	Rs.     Ps.			Rs.     Ps.
9,045,130.75	Interest on deposits, borrowing	14	7,075,146.83	13,479,731.28	Interest and discount	20	15,379,480.96
2,593,983.00	Salaries, Allowances and Benefit Fund		3,567,575.42	400,437.51	Commission,Exchange and Brokerage	21	397,303.79
	Directors and local committee members			NIL	Subsidies and donations		NIL
165,250.00	fees and allowances		140,750.00
					Income from non-banking assets and profit
916,077.49	Rent, taxes,insurance,lighting	15	1,142,914.04	NIL	from sale of or dealing with such assets		NIL
664,658.00	Law Charges ( Professional Fees )		603,223.00	12,263,012.46	Other receipts	22	11,927,135.29
336,067.13	Postage,Telegrams and Telephone charges	16	290,977.37
72,000.00	Audit Fees		75,000.00
671,539.92	Depreciation on and Repairs to property	17	1,009,264.49
314,383.20	Printing, Stationery and Advertisement	18	347,706.60
	Loss from sale of or dealing with
-	non- banking assets		-
2,223,081.01	Other Expenditure	19	2,111,832.34
	Profit Before Tax (PBT)		11,339,529.95
-	Income Tax paid		2,126,520.00
58,786.00	Fringe Benefit Tax		73,730.00
9,082,224.75	Profit After Tax  (PAT)		9,139,279.95
26,143,181.25	TOTAL		27,703,920.04	26,143,181.25	TOTAL		27,703,920.04
PLACE: BANGALORE
DATE  : 08.06.2007					As per our report of even date
SHARON JOSEPH                                 FRANCIS I ALPHONSO					For CHARLES PRABAKAR & ASSOCIATES
Chief Executive Officer                                           Director					Chartered Accountants
ALBIN PINTO                                        COLLIN.R.TIMMS					(CHARLES PRABAKAR)
Vice - Chairman                                            Chairman					Mem. No. 18391