PNBPNB Balance Sheet(Rs in Crs)PNB P&L Sheet(Rs in Crs)YearMar 14Mar 13Mar 12Mar 11Mar 10YearMar 14(12)Mar 13(12)Mar 12(12)Mar 11(12)Mar 10(12)SOURCES OF FUNDS :INCOME :Capital 362.07353.47339.18316.81315.3Interest Earned 44,958.0943,078.1137,495.4027,551.2421,937.57 Reserves Total 38,154.2634,115.5628,864.6622,297.8518,387.44 Other Income 4,710.344,302.034,239.513,655.363,503.32Equity Share Warrants00000Total49,668.4347,380.1441,734.9131,206.6025,440.89 Equity Application Money00000 II. ExpenditureMinority Interest0366.28331.42301.29227.06Payments to/Provisions for Employees6,616.395,751.484,775.144,493.933,141.29 Deposits 461,203.53399,000.16384,408.22316,231.93251,457.66 Operating Expenses & Administrative Expenses 1,419.961,238.471,093.18933.53818.76Borrowings 59,033.3147,089.9842,645.4234,638.5022,762.94EBITDA41,632.0840,390.1935,866.5925,779.1421,480.84 Other Liabilities & Provisions 16,067.3115,679.6913,884.9712,526.2610,444.32 Depreciation 366.62335.52301.77264.59227.17Policy Holders Fund00000EBIT 41,265.4640,054.6735,564.8225,514.5521,253.67 Others00000 Interest expended 28,220.2727,802.4323,789.4915,506.6813,230.01TOTAL LIABILITIES558,753.17480,925.45456,588.90373,786.38293,150.40Minority Interest (before tax)00000 APPLICATION OF FUNDS :Other Expenses, Provisions & Contingencies8,075.745,465.774,604.043,313.672,079.09 Cash & Balances with RBI22,406.1417,929.5118,507.6423,791.1918,334.78EBT4,969.456,786.477,171.296,694.205,944.57Balances with Banks & money at Call24,459.8510,203.5211,612.256,300.115,915.91 Provision for Tax 1,659.211,859.232,196.482,178.612,054.18 Investments 149,224.70134,733.99125,819.8996,911.2879,253.88Fringe Benefit Tax00000Advances 366,073.21320,218.45301,346.52247,746.58191,110.85 Deferred Tax -224.370000 Fixed Assets 3,490.443,422.363,217.143,150.482,531.41Net Profit3,534.614,927.244,974.814,515.593,890.39Other Assets 9,166.1410,097.319,970.438,413.006,447.89Effective Tax rate0.380.270.310.330.35 Miscellaneous Expenditure not written off00000Minority Interest (after tax)-82.4665.3927.0321.9115.91Others00000 Profit/Loss of Associate Company092.3677.6881.0598.09 TOTAL ASSETS574,820.48496,605.14470,473.87386,312.64303,594.72Net Profit after Minority Interest & P/L Asso.Co.3,617.074,954.215,025.464,574.733,972.57Contingent Liability221,673.88218,910.71212,421.74127,611.3192,789.21 Extraordinary Items 01.953.0221.56 Bills for collection20,325.9717,531.4316,322.7911,981.559,529.79Adjusted Net Profit3,617.074,952.265,022.444,572.733,971.01 Prior Year Adjustments 019.3826.31-15.790Profit brought forward542.67444.09425.94375.28385.33FCF CALCULATIONMar 14Mar 13Mar 12Mar 11Mar 10 IV. AppropriationsNOPLAT27,810.5726,994.5723,968.6717,195.3614,323.77 Transfer to Statutory Reserve875.221,218.171,291.811,114.49983.69Avg Inv Capital409,528.47346,191.46330,769.01276,875.10213,896.52Transfer to Other Reserves 2,215.832,518.302,873.032,579.642,185.23Net Investment63,337.0115,422.4553,893.9162,978.58 Trans. to Government /Proposed Dividend 420.731,108.41868.78814.15813.7OP FCF-35,526.4411,572.12-29,925.24-45,783.22Balance carried forward to Balance Sheet647.96572.8444.09425.94375.28FCFF Equity Dividend (%)100270220220220Inv RateEPS before Minority Interest (Unit Curr.)97.62135.04143.06138.83119.58ROIC EPS before Minority Interest (Adj) (Unit Curr.)119.58GrowthEPS after Minority Interest (Unit Curr.)99.9135.8144.55140.7122.19Post-tax Op Margin EPS after Minority Interest (Adj) (Unit Curr.)119.58Capital turnoverBook Value (Unit Curr.)1,063.78934.58818.1667.24545.85