Value Added Statement
2016 2015
Rs '000 % Rs '000 %
STATEMENT OF VALUE ADDED
Value Added
Net Interest Income 4,349,362 98 3,099,630 263
Non Interest Income 2,212,664 50 1,894,323 161
Operating Expenses excluding staff costs,
depreciation and amortization (2,165,659) (49) (3,093,170) (263)
Provision against advances, investments & others 48,795 1 (724,377) (62)
Value added for distribution 4,445,162 100 1,176,406 100
To employees
Remuneration, provident fund and other benefits 2,724,731 61 2,572,189 219
To government
Income tax 546,579 12 (128,097) (11)
To expansion and growth
Depreciation 353,860 357,813
Amortization 81,439 86,106
Retained Earnings 738,553 (1,711,605)
1,173,852 26 (1,267,686) (108)
4,445,162 100 1,176,406 100