Balance Sheet of State ------------------- in Rs. Cr. -------------------

Bank of India
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Capital and Liabilities:

Total Share Capital 526.30 526.30 631.47 634.88 634.88
Equity Share Capital 526.30 526.30 631.47 634.88 634.88
Share Application Money 0.00 0.00 0.00 0.00 0.00
Preference Share Capital 0.00 0.00 0.00 0.00 0.00
Reserves 27,117.79 30,772.26 48,401.19 57,312.82 65,314.32
Revaluation Reserves 0.00 0.00 0.00 0.00 0.00
Net Worth 27,644.09 31,298.56 49,032.66 57,947.70 65,949.20
380,046.0
Deposits 435,521.09 537,403.94 742,073.13 804,116.23
6
Borrowings 30,641.24 39,703.34 51,727.41 53,713.68 103,011.60
410,687.3
Total Debt 475,224.43 589,131.35 795,786.81 907,127.83
0
Other Liabilities & Provisions 55,538.17 60,042.26 83,362.30 110,697.57 80,336.70
493,869.5
Total Liabilities 566,565.25 721,526.31 964,432.08 1,053,413.73
6
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Assets
Cash & Balances with RBI 21,652.70 29,076.43 51,534.62 55,546.17 61,290.87
Balance with Banks, Money at Call 22,907.30 22,892.27 15,931.72 48,857.63 34,892.98
261,641.5
Advances 337,336.49 416,768.20 542,503.20 631,914.15
3
162,534.2
Investments 149,148.88 189,501.27 275,953.96 285,790.07
4
Gross Block 7,424.84 8,061.92 8,988.35 10,403.06 11,831.63
Accumulated Depreciation 4,751.73 5,385.01 5,849.13 6,828.65 7,713.90
Net Block 2,673.11 2,676.91 3,139.22 3,574.41 4,117.73
Capital Work In Progress 79.82 141.95 234.26 263.44 295.18
Other Assets 22,380.84 25,292.31 44,417.03 37,733.27 35,112.76
493,869.5
Total Assets 566,565.24 721,526.32 964,432.08 1,053,413.74
4

191,819.3
Contingent Liabilities 259,536.57 736,087.59 614,603.47 429,917.37
4
Bills for collection 57,618.44 70,418.15 93,652.89 152,964.06 166,449.04
Book Value (Rs) 525.25 594.69 776.48 912.73 1,038.76

Profit & Loss account ------------------- in Rs. Cr. -------------------

of State Bank of India
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Income
35,794.9
Interest Earned 39,491.03 48,950.31 63,788.43 70,993.92
3
Other Income 7,388.69 7,446.76 9,398.43 12,691.35 14,968.15
43,183.6
Total Income 46,937.79 58,348.74 76,479.78 85,962.07
2
Expenditure
20,159.2
Interest expended 23,436.82 31,929.08 42,915.29 47,322.48
9
Employee Cost 8,123.04 7,932.58 7,785.87 9,747.31 12,754.65
Selling and Admin Expenses 1,853.32 3,251.14 4,165.94 5,122.06 7,898.23
Depreciation 729.13 602.39 679.98 763.14 932.66
Miscellaneous Expenses 7,912.15 7,173.55 7,058.75 8,810.75 7,888.00
Preoperative Exp Capitalised 0.00 0.00 0.00 0.00 0.00
11,872.8
Operating Expenses 13,251.78 14,609.55 18,123.66 24,941.01
9
Provisions & Contingencies 6,744.75 5,707.88 5,080.99 6,319.60 4,532.53
38,776.9
Total Expenses 42,396.48 51,619.62 67,358.55 76,796.02
3
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Net Profit for the Year 4,406.67 4,541.31 6,729.12 9,121.23 9,166.05
Extraordionary Items 0.00 0.00 0.00 0.00 0.00
Profit brought forward 0.34 0.34 0.34 0.34 0.34
Total 4,407.01 4,541.65 6,729.46 9,121.57 9,166.39
Preference Dividend 0.00 0.00 0.00 0.00 0.00
Equity Dividend 736.82 736.82 1,357.66 1,841.15 1,904.65
Corporate Dividend Tax 103.34 125.22 165.87 248.03 236.76
Per share data (annualised)
Earning Per Share (Rs) 83.73 86.29 106.56 143.67 144.37
Equity Dividend (%) 140.00 140.00 215.00 290.00 300.00
Book Value (Rs) 525.25 594.69 776.48 912.73 1,038.76
Appropriations
Transfer to Statutory Reserves 3,566.51 3,682.15 5,205.69 6,725.15 6,495.14
Transfer to Other Reserves 0.00 -2.88 -0.10 306.90 529.50
Proposed Dividend/Transfer to Govt 840.16 862.04 1,523.53 2,089.18 2,141.41
Balance c/f to Balance Sheet 0.34 0.34 0.34 0.34 0.34
Total 4,407.01 4,541.65 6,729.46 9,121.57 9,166.39

Key Financial Ratios ------------------- in Rs. Cr. -------------------

of State Bank of India

Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06

Investment Valuation Ratios

Face Value 10.00 10.00 10.00 10.00 10.00
Dividend Per Share 14.00 14.00 21.50 29.00 30.00
Operating Profit Per Share (Rs) 124.77 147.72 173.61 230.04 229.63
Net Operating Profit Per Share (Rs) 719.54 833.38 899.83 1,179.45 1,353.15
Free Reserves Per Share (Rs) 178.33 184.43 356.61 373.99 412.36
Bonus in Equity Capital -- -- -- -- --
Profitability Ratios
Interest Spread 4.31 4.20 4.32 4.34 3.82
Adjusted Cash Margin(%) 13.06 11.43 12.81 13.04 -42.79
Net Profit Margin 11.21 10.12 11.65 12.03 10.54
Return on Long Term Fund(%) 97.89 99.20 86.83 100.35 23.26
Return on Net Worth(%) 15.94 14.50 13.72 15.74 13.89
Adjusted Return on Net Worth(%) 15.93 14.47 13.70 15.74 -57.84
Return on Assets Excluding Revaluations 525.25 594.69 776.48 912.73 1,038.76
Return on Assets Including Revaluations 525.25 594.69 776.48 912.73 1,038.76
Management Efficiency Ratios
Interest Income / Total Funds 7.94 8.27 8.82 8.88 8.52
Net Interest Income / Total Funds 3.71 3.85 3.87 3.79 3.82
Non Interest Income / Total Funds 0.30 0.19 0.14 0.11 0.10
Interest Expended / Total Funds 4.23 4.42 4.96 5.09 4.69
Operating Expense / Total Funds 2.34 2.39 2.16 2.06 2.38
Profit Before Provisions / Total Funds 1.52 1.54 1.74 1.75 1.46
Net Profit / Total Funds 0.92 0.86 1.04 1.08 0.91
Loans Turnover 0.16 0.15 0.15 0.16 0.15
Total Income / Capital Employed(%) 8.24 8.46 8.96 8.99 8.62
Interest Expended / Capital Employed(%) 4.23 4.42 4.96 5.09 4.69
Total Assets Turnover Ratios 0.08 0.08 0.09 0.09 0.09
Asset Turnover Ratio 5.10 5.44 6.32 7.20 7.26
Profit And Loss Account Ratios
Interest Expended / Interest Earned 56.32 59.35 65.23 67.28 66.66
Other Income / Total Income 3.60 2.25 1.56 1.18 1.21
Operating Expense / Total Income 28.37 28.19 24.13 22.91 27.61
Selling Distribution Cost Composition 0.28 0.20 0.30 0.33 0.26
Balance Sheet Ratios
Capital Adequacy Ratio 11.88 12.34 13.47 14.25 13.39
Advances / Loans Funds(%) 65.66 76.16 78.31 78.34 74.22
Debt Coverage Ratios
Credit Deposit Ratio 62.11 73.44 77.51 74.97 75.96
Investment Deposit Ratio 48.14 38.22 34.81 36.38 36.33
Cash Deposit Ratio 5.15 6.22 8.29 8.37 7.56
Total Debt to Owners Fund 13.75 13.92 10.96 12.81 12.19
Financial Charges Coverage Ratio 1.40 1.37 1.37 1.36 0.33
Financial Charges Coverage Ratio Post Tax 1.25 1.22 1.23 1.23 1.21
Leverage Ratios
Current Ratio 0.05 0.05 0.07 0.04 0.04
Quick Ratio 5.50 6.52 6.15 5.74 9.07
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit 19.06 18.98 22.64 22.90 23.36
Dividend Payout Ratio Cash Profit 16.35 16.75 20.56 21.13 21.20
Earning Retention Ratio 80.93 80.97 77.33 77.11 105.61
Cash Earning Retention Ratio 83.64 83.21 79.41 78.88 78.82
AdjustedCash Flow Times 74.03 84.87 72.64 75.05 79.54

Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06

Earnings Per Share 83.73 86.29 106.56 143.67 144.37

Book Value 525.25 594.69 776.48 912.73 1,038.76