P & L Account

INCOME For the year 2019-20 For the year 2018-2019
 Rs.  Rs.
INTEREST EARNED 3,854,749,440.97 3,307,337,309.12
OTHER INCOME 48,248,734.51 48,866,274.64
3,902,998,175.48 3,356,203,583.76
EXPENDITURE As per the year 2019-20 For the year 2018-19
 Rs.  Rs.
INTEREST EXPENDED 2,809,594,876.01 2,447,444,434.16
OPERATING EXPENSES 439,682,244.84 430,566,855.45
PROVISION FOR INCOME TAX 70,000,000.00 75,300,000.00
PROVISIONS AND CONTINGENCIES 408,955,721.30 246,882,412.09
PROFIT FOR THE YEAR 174,765,333.33 156,009,882.06
3,902,998,175.48 3,356,203,583.76
SIGNIFICANT ACCOUNTING POLICIES
NOTES FORMING INTEGRAL PART OF THE ACCOUNT
For The Krishna District Co.Operative Central Bank Limited, For M/s. BHARATI & CO,
Chartered Accountants
FRN :012226S
A.SYAM MANOHAR
CHIEF EXECUTIVE OFFICER
CA T.L.N. BHARATI
Partner
M No.022746
MACHILIPATNAM, 25.08.2020