Standard Chartered Annual Report 2017-2018

Page 96

Statement of distributable profit or loss For the year ended on 16 July 2018 (As per NRB Regulation)

Current Year

Previous Year

2,189,898,090

1,549,986,963

437,979,618

284,319,227

28,083,560

24,582,829

d. Corporate social responsibility fund

-

-

e. Employees' training fund

-

-

Net profit or (loss) as per statement of profit or loss Appropriations: a. General reserve b. Foreign exchange fluctuation fund c. Capital redemption reserve

f. Other

-

4,343,006

1,723,834,912

1,236,741,901

(218,896,037)

-

b. Short loan loss provision in accounts (-)/reversal (+)

-

-

c. Short provision for possible losses on investment (-)/ reversal (+)

-

-

d. Short loan loss provision on Non Banking Assets (-)/ resersal (+)

-

-

(75,546,496)

-

f. Goodwill recognised (-)/ impairment of Goodwill (+)

-

-

g. Bargain purchase gain recognised (-)/resersal (+)

-

-

(51,592,565)

-

-

-

Profit or (loss) befor regulatory adjustment Regulatory adjustment : a. Interest receivable (-)/previous accrued interest received (+)

e. Deferred tax assets recognised (-)/ reversal (+)

h. Acturial loss recognised (-)/reversal (+) i. Other (+/-) Distributable profit or (loss)

1,377,799,813

Suraj Lamichhane

Joseph Silvanus

Karen De Alwis

Jitender Arora

Financial Controller

CEO & Director

Director

Chairman As per our report of even date

Amrit Kumari Thapa

Krishna Kumar Pradhan

CA. Sunir K Dhungel

Director

Director

Partner For and on behalf of SAR Associates Chartered Accountants

Date :10th November 2018 Place:Kathmandu

96

Standard Chartered Annual Report 2017 - 2018


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