THE DISTRICT COOPERATIVE CENTRAL BANK LIMITED : KURNOOL PROFIT AND LOSS ACCOUNT FOR THE FINANCIAL YEAR ENDING ON 31ST MARCH 2020
<tr’>Provisions and contingencies
| Particulars | Schedule No | For the year ended 31.03.2020 | For the year ended 31.03.2019 |
| I. Income | |||
| Interest earned | 13 | 1257034744 | 1064532513 |
| Other income | 14 | 39903030 | 28906014 |
| Total | 1296937774 | 1093438526 | |
| II. Expenditure | |||
| Interest expended | 15 | 965902318 | 895994710 |
| Operating expenses | 16 | 293043130 | 182835294 |
| Total | 1258945447 | 1078830003 | |
| III. Profit/Loss | |||
| Net profit/loss (-) for the year | 37992327 | 14608523 | |
| Profit/loss (-) brought forward | |||
| Less Provision for Income Tax | 35871455 | 13790810 | |
| Total (Transferred to Balance Sheet) | 2120872 | 817713 | |
| IV. Appropriations (Included in Operating Expenses) | |||
| Transfer to statutory reserves | 0 | ||
| Transfer to other reserves | 296149 | 283737 | |
| Transfer to Government / Proposed Dividend | |||
| Balance carried over to Balance Sheet | 1824723 | 533976 | |
| Total of Appropriation | 2120872 | 817713 | |
| Significant Accounting Policies | A | ||
| Notes to Accounts | B |
THE DISTRICT COOPERATIVE CENTRAL BANK LIMITED : KURNOOL PROFIT AND LOSS ACCOUNT FOR THE FINANCIAL YEAR ENDING ON 31ST MARCH 2018
| Particulars | Schedule No | For the year ended 31.03.2018 | For the year ended 31.03.2017 |
| I. Income | |||
| Interest earned | 13 | 1,006,834,944 | 909,439,390 |
| Other income | 14 | 29,398,430 | 31,888,281 |
| Total | 1,036,233,374 | 941,327,672 | |
| II. Expenditure | |||
| Interest expended | 15 | 831,416,894 | 718,547,692 |
| Operating expenses | 16 | 170,996,321 | 179,356,039 |
| Provisions and contingencies | |||
| Total | 1,002,413,214 | 897,903,732 | |
| III. Profit/Loss | |||
| Net profit/loss (-) for the year | 33,820,160 | 43,423,940 | |
| Profit/loss (-) brought forward | |||
| Less Provision for Income Tax | 12,000,000 | 14,800,000 | |
| Total (Transferred to Balance Sheet) | 21,820,160 | 28,623,940 | |
| IV. Appropriations (Included in Operating Expenses) | |||
| Transfer to statutory reserves | – | 8,053,888 | |
| Transfer to other reserves | 281,298 | 278,930 | |
| Transfer to Government / Proposed Dividend | |||
| Balance carried over to Balance Sheet | 21,538,862 | 20,291,122 | |
| Total of Appropriation | 21,820,160 | 28,623,940 | |
| Significant Accounting Policies | A | ||
| Notes to Accounts | B |