Annexure I
Form A
Form Balance Sheet
Balance Sheet of THE KAKINADA CO-OPERATIVE TOWN BANK LTD
Balance as on 31st March 2022
			(000's omitted)
Particulars	Schedule	As on 31.03.2022 (Current year)	As on 31.03.2021 (Previous year)
Capital and Liabilities
Capital	1	292217.15	276257.53
Reserves and Surplus	2	806447.11	662354.56
Deposits	3	10324255.44	9653471.69
Borrowings	4	0	0
Other liabilities and provisions	5	594928.04	499724.67
Total		12017847.74	11091808.45


Assets
Cash and balances with Reserve Bank of India	6	103701.63	83456.7
Balance with banks and money at call and short notice	7	1857887.88	1594236.87
Investments	8	2480079.45	2334851.64
Advances	9	7162916.37	6709617.33
Fixed Assets	10	70974.87	63401.62
Other Assets	11	342287.54	306244.29
Total		12017847.74	11091808.45
Contingent liabilities	12	18865.75	16072.11
Bills for collection
Notes on Accounts and Disclosure - Schedule 17
(Sd/-) C.Sugunarao (Sd/-)CA.Kantipudi V.V.Satyanarayana (Sd/-) Thota M.S.Sudheer
CHIEF EXECUTIVE OFFICER DIRECTOR VICE-PRESIDENT
(Sd/-) Chitturi Ravindra
PRESIDENT	AS PER OUR REPORT OF EVEN DATE
		for RAVI SARMA & CO.,

	Chartered Accountants
	(Sd/-)
	(CA. V. Ravi Sarma)
Dt.11.06.2022	Partner
	M.No. 026923
	FRN: 015606 S
	UDIN: 22026923AKTHSE4479

Annexure I

Form B

Form of Profit and Loss Account for the year ended on 31st March 2022

(000's omitted)

	Particulars	Schedule	Year ended on 31-03- 2022 (Current year)	Year ended on 31-03-2021 (Previous year)
I.	Income
	Interest earned	13	1107265.86	1030925.3
	Other income	14	12414.51	28698.86
	Total		1119680.37	1059624.16


II	Expenditure
	Interest expended	15	670148.56	689062.71
	Operating expenses	16	146658.58	126443.90
	Provisions and contingencies		201751.83	155482.10
	Total		1018558.97	970988.71


III	Profit/Loss
	Net profit/loss(-) for the year 2021-22		101121.40	88635.45
	Profit/loss(-) brought forward		0	0
	Total		101121.40	88635.45


IV	Appropriations
	Transfer to statutory reserves			22158.86
	Transfer to other reserves			34238.95
	Transfer to Government/ proposed dividend			32237.64
	Balance carried over to balance sheet

Notes on Accounts and Disclosure - Schedule 17

(Sd/-) C.Sugunarao (Sd/-)CA.Kantipudi V.V.Satyanarayana (Sd/-) Thota M.S.Sudheer

CHIEF EXECUTIVE OFFICER DIRECTOR VICE-PRESIDENT

(Sd/-) Chitturi Ravindra PRESIDENT

Dt.11.06.2022

AS PER OUR REPORT OF EVEN DATE for RAVI SARMA & CO.,

Chartered Accountants

(Sd/-)

(CA. V. Ravi Sarma) Partner

M.No. 026923

FRN: 015606 S

UDIN: 22026923AKTHSE4479

Annexure 1

Schedule 1 - Capital

	Pariculars	As on 31.03.2022 (Current year)	As on 31.03.2021 (Previous year)
I.	3500000 Shares of Rs 100 each ( Previous year 3500000 Shares of Rs 100 each)	350000.00	350000.00
II.	Issued, Subscribed and Paid upCapital: 2922171 Shares of Rs 100 each (Previous year 2762575 Shares of Rs 100 each)	292217.15	276257.53
	Total	292217.15	276257.53

Schedule 2 - Reserves and Surplus

	Pariculars	As on 31.03.2022 (Current year)	As on 31.03.2021 (Previous year)
I.	Statutory Reserve	238167.23	209917.96
	Opening Balance	209917.96	188994.91
	Additions during the year	28249.27	20923.05
	Deductions during the year	0.00	0.00
II.	Capital Reserves	0.00	0.00
	Opening Balance	0.00	0.00
	Additions during the year	0.00	0.00
	Deductions during the year	0.00	0.00
III.	Share Premium	0.00	0.00
	Opening Balance	0.00	0.00
	Additions during the year	0.00	0.00
	Deductions during the year	0.00	0.00
IV.	Revenue and Other Reserves	467158.48	363801.15
	Opening Balance	363801.15	297531.47
	Additions during the year	103407.33	72319.68
	Deductions during the year	50.00	6050.00
V.	Balance in Profit and Loss Account	101121.4	88635.45
	Total (I,II,III,IV and V)	806447.11	662354.56

Schedule 3 - Deposits

	Pariculars	As on 31.03.2022 (Current year)	As on 31.03.2021 (Previous year)
A.I	Demand deposits
	(i) From Banks	0.00	0.00
	(ii) From others	49692.75	48608.48
II.	Savings Bank Deposits	1676572.52	1094045.28
III.	Term Deposits
	(i) From Banks	0.00	0.00
	(ii) From others	8597990.17	8510817.93
	Total (I,II and III)	10324255.44	9653471.69
B.	(i) Deposits of branches in India	10324255.44	9653471.69
	(ii)Deposits of branches outside India	0.00	0.00
	Total	10324255.44	9653471.69

Schedule 4 - Borrowings

	Pariculars	As on 31.03.2022 (Current year)	As on 31.03.2021 (Previous year)
I.	Borrowings in India
	(a) Reserve Bank of India	0.00	0.00
	(b)Other Banks	0.00	0.00
	( c) Other institutions and agencies	0.00	0.00
II.	Borrowings Outside India	0.00	0.00
	Total (I and II)	0.00	0.00

Secured borrowings included in I and II above Rs. Nil

Schedule 5 - Other Liabilities and Provisions

	Pariculars	As on 31.03.2022 (Current year)	As on 31.03.2021 (Previous year)
I.	Bills payable	0.00	0.00
II.	Inter-office adjustment (net)	0.00	0.00
III.	Interest accrued	11091.95	11483.79
IV.	Others (including provisions)
	(i) Provision for BDDR	246419.74	221419.74
	(ii) Provision for Standard Asset	29000.00	27000.00
	(iii) Provision for Standard Asset (Moratorium Accounts)	16000.00	16000.00
	(iv) Provision for Standard Asset (Reschedule Accounts)	18900.31	0.00
	(v) Provision for Over due Interest	137679.52	104965.49
	(vi) Provision for Non SLR	12.63	12.63
	(vii) Provision for Income Tax	64500.00	50000.00
	(viii) Employees Gratuity Fund	11803.40	8340.57
	(ix) Employees Previlege Leave fund	24519.90	23524.47
	(x) Others	35000.59	36977.98
	Total	594928.04	499724.67

Schedule 6 - Cash and Balances with Reserve Bank of India

	Pariculars	As on 31.03.2022 (Current year)	As on 31.03.2021 (Previous year)
I.	Cash in hand (including foreign currency notes)	103701.63	83456.70
II.	Balances with Reserve Bank of India
	(a) in Current Account	0.00	0.00
	(b) in Other Accounts	0.00	0.00
	Total ( I and II)	103701.63	83456.70

Schedule 7 - Balances with Banks and Money at Call and Short Notice

	Pariculars	As on 31.03.2022 (Current year)	As on 31.03.2021 (Previous year)
I.	In India
	(i) Balances with banks
	(a) in Current Accounts	458834.80	361407.27
	(b) in Other Deposit Accounts	1399053.08	1232829.60
	(ii) Money at call and short notice
	(a) with Banks	0.00	0.00
	(b)With Other institutions	0.00	0.00
	Total (i and ii)
II.	Outside India
	(i) in Current Accounts	0.00	0.00
	(ii) in Other Deposit Accounts	0.00	0.00
	(iii) Money at call and short notice	0.00	0.00
	Total (i,ii and iii)	0.00	0.00
	Total (I and II)	1857887.88	1594236.87

Schedule 8 - Investments

	Pariculars	As on 31.03.2022 (Current year)	As on 31.03.2021 (Previous year)
I.	Investments in India in
	(i) Government Securities	2480066.82	2334839.01
	(ii) Other approved securities	0.00	0.00
	(iii) Shares	12.63	12.63
	(iv) Debentures and Bonds	0.00	0.00
	(v) Subsidiaries and/or joint ventures	0	0
	(vi)Others (to be specified)	0	0
	Total	2480079.45	2334851.64
II.	Investments outside India in
	(i) Government Securities (including local authorities)	0.00	0.00
	(ii) Subsidiaries and/or joint ventures abroad	0.00	0.00
	(iii) Others investments (to be specified)	0.00	0.00
	Total	0.00	0.00
	Grand Total (I and II)	2480079.45	2334851.64

Schedule 9 - Advances

	Pariculars	As on 31.03.2022 (Current year)	As on 31.03.2021 (Previous year)
A.	(i) Bills purchased and discounted	0.00	0.00
	(ii) Cash credits , overdrafts and loans repayable on demand	1661219.63	1380637.28
	(iii) Term loans	5501696.74	5328980.05
	Total	7162916.37	6709617.33
B.	(i) Secured by tangible assets	7161927.42	6707644.70
	(ii) Covered by Bank /Government Gurantees	0.00	0.00
	(iii) Unsecured	988.95	1972.63
	Total	7162916.37	6709617.33
C.I	Advances in India
	(i) Priority Sectors	5035279.95	3880303.24
	(ii)Public Sectors	0.00	0.00
	(iii) Banks	0.00	0.00
	(iv) Others	2127636.42	2829314.09
	Total	7162916.37	6709617.33
C.II	Advances outside India
	(i) Due from banks	0.00	0.00
	(ii)Due from others
	(a) Bills purchased and discounted	0.00	0.00
	(b) Syndicated loans	0.00	0.00
	(c ) Others	0.00	0.00
	Total	0.00	0.00
	Grand Total (CI and C II)	7162916.37	6709617.33

Schedule 10 - Fixed Assets

	Pariculars	As on 31.03.2022 (Current year)	As on 31.03.2021 (Previous year)
I	Premises	38865.93	34382.61
	At cost as on 31st March of the preceding year	34382.61	35574.68
	Additions during the year	6318.23	144.70
	Deductions during the year	0.00	0.00
	Depreciation to date	1834.91	1336.77
II.	Other Fixed Assets (including furniture and fixtures)	32108.94	29019.01
	At cost as on 31st March of the preceding year	29019.01	31444.11
	Additions during the year	15652.63	4876.53
	Deductions during the year	3318.34	76.79
	Depreciation to date	9244.36	7224.84
	Total (I and II)	70974.87	63401.62

Schedule 11 - Other Assets

	Pariculars	As on 31.03.2022 (Current year)	As on 31.03.2021 (Previous year)
I	Inter-office adjustments (net)	0.00	0.01
II.	Interest accrued	229214.56	193714.50
III.	Tax paid in advance /tax deducted at source	64500.00	50000.00
IV.	Stationery and stamps	154.55	261.86
V.	Non-Banking assets acquired in satisfaction of claims	34497.34	34497.34
VI.	Others	13921.09	27770.58
	Total	342287.54	306244.29

Schedule 12 - Contingent Liabilities

	Pariculars	As on 31.03.2022 (Current year)	As on 31.03.2021 (Previous year)
I	Claims against the bank not acknowledged as debts	0.00	0.00
II.	Liability for partly paid investments	0.00	0.00
III.	Liability on account of outstanding forward exchange contracts	0.00	0.00
IV.	Guarantees given on behalf of constituents
	(a) In India	528.4	1028.40
	(b) Outside India	0.00	0.00
V.	Acceptances, endorsements and other obligations	0.00	0.00
VI.	Other items for which the bank is contingently liable (DEAF)	18337.35	15043.71
	Total	18865.75	16072.11

Schedule 13 - Interest Earned

	Pariculars	Year ended on 31-03-2022 (Current year)	Year ended on 31-03-2021 (Previous year)
I	Interest/discount on advances/bills	849639.24	769802.91
II.	Income on investments	257626.62	261122.39
III.	Interest on balances with Reserve Bank of India and other inter-bank funds	0.00	0.00
IV.	Others	0.00	0.00
V.	Total	1107265.86	1030925.30

Schedule 14 - Other Income

	Pariculars	Year ended on 31-03-2022 (Current year)	Year ended on 31-03-2021 (Previous year)
I	Commission, exchange and brokerage	314.99	302.71
II.	Profit on sale of investments	0.00	0.00
	Less: Loss on sale of investments	0.00	0.00
III.	Profit on revaluation of investments	0.00	0.00
	Less: Loss on revaluation of investments	0.00	0.00
IV.	Profit on sale of land, buildings and other assets	0.00	0.00
	Less: Loss on sale of land, buildings and other assets (68.99)	68.99	0.00
V.	Profit on exchange transactions	0.00	0.00
	Less: Loss on exchange transactions	0.00	0.00
VI.	Income earned by way of dividends, etc. from subsidiaries/companies and/or joint ventures abroad/in India	0.00	0.00
VII.	Miscellaneous Income	12168.51	28396.15
	Total	12414.51	28698.86

Note

Under items II to V loss figures shall be shown in brackets

Schedule 15 - Interest Expended

	Pariculars	Year ended on 31-03-2022 (Current year)	Year ended on 31-03-2021 (Previous year)
I	Interest on deposits	670148.56	689062.71
II.	Interest on Reserve Bank of India/ Inter- bank borrowings	0.00	0.00
III.	Others	0.00	0.00
IV.	Total	670148.56	689062.71

Schedule 16 - Operating Expenses

	Pariculars	Year ended on 31-03-2022 (Current year)	Year ended on 31-03-2021 (Previous year)
I	Payments to and provisions for employees	86260.02	78543.36
II.	Rent, taxes and lighting	13337.60	11926.15
III.	Printing and stationery	708.35	615.11
IV.	Advertisement and publicity	1471.89	1768.40
V.	Depreciation on bank's property	11079.27	8561.61
VI.	Director's fees, allowances and expenses	1668.00	1434.00
VII.	Auditors' fees and expenses (including branch auditors)	555.00	330.00
VIII.	Law charges	165.32	30.30
IX.	Postages, Telegrams, Telephones, etc.	260.46	299.24
X.	Repairs and maintenance	5743.96	3620.02
XI.	Insurance	12072.38	11169.74
XII.	Other expenditure	13336.33	8145.97
	Total	146658.58	126443.90