Profit and Loss

 

THE DISTRICT CO-OPERATIVE CENTRAL BANK LTD., ELURU.
Profit & Loss Account for the year 2020-2021
Particulars Sch As on 31-03-2021 As on 31-03-2020
 No Rs.       Ps. Rs.       Ps.
Income
Interest earned 13 2,489,612,778.89 2,244,099,395.93
Other Income 14 52,843,424.01 25,413,717.98
Total 2,542,456,202.90 2,269,513,113.91
Expenditure
Interest expended 15 1,924,483,635.60 1,874,154,898.49
Operating expenses 16 370,882,821.77 353,600,753.88
Provisions 17 70,496,038.72 178,178,241.18
Total 2,365,862,496.09 2,405,933,893.55
Adjustments relating to previous year
Profit or Loss for the year 176,593,706.81 (136,420,779.64)
Provision for Income Tax
a.For current year              –              –
b.For earlier years              –              –
Income tax paid (FY 2018-19)              –  4,644,804.00
Profit or Loss after Tax 176,593,706.81 (141,065,583.64)
Balance carry forward to B/S  176,593,706.81 (141,065,583.64)

As per our report of even date annexed
For Niranjan Rao & Co.,
Chartered Accountants
FRN: 002467S
Gopi Garapati
partner
M.No:242732