NRB Annexure 4.a
   Royal Merchant Banking & Finance Ltd.
Durbar Marg, Kathmandu, Phone No : 4242900
UNAUDITED FINANCIAL RESULTS (QUARTERLY)
AS AT 3rd QUARTER (13/04/2010) OF THE FISCAL YEAR 2009/2010
RS. IN '000
S.NO. PARTICULARS THIS QUARTER ENDING PREVIOUS QUARTER ENDING CORRESPONDING PREVIOUS QUARTER ENDING
1. TOTAL CAPITAL AND LIABILITIES [1.1 TO 1.7)]                1,814,864          1,717,568            1,247,892
1.1 PAID UP CAPITAL*                      169,071                147,809                  134,258
1.2 RESERVE & SURPLUS                        41,556                  40,703                   32,313
1.3 DEBENTURE & BOND                                -                          -                           -
1.4 BORROWINGS                      138,400                203,422                  169,231
1.5 DEPOSIT (A+B)                   1,427,330             1,284,909                  889,784
  A. DOMESTIC CURRENCY                          1,427,330                   1,284,909                  889,784
  B. FOREIGN CURRENCY                                        -                                 -                           -
1.6 INCOME TAX LIABILIY                                -                   1,420                           -
1.7 OTHER LIABILITIES                        38,507                  39,305                   22,306
2.  TOTAL ASSETS [2.1 TO 2.7]                1,814,864          1,717,568            1,247,892
2.1 CASH AND BANK BALANCE                        54,033                  54,679                  110,127
2.2 MONEY AT CALL AND SHORT NOTICE                      158,694                  84,762                           -
2.3 INVESTMENTS                      158,514                131,614                  164,989
2.4 LOAN & ADVANCES (A + B + C + D + E +F)                   1,308,056             1,317,334                  837,528
  A. REAL ESTATE LOAN                             657,897                      711,825                           -
  B. HOME/HOUSING LOAN                             142,686                      162,689                           -
  C. MARGIN TYPE LOAN                               30,314                        31,272                           -
  D. TERM LOAN                               17,480                        14,141                           -
  E. OVERDRAFT LOAN/TR LOAN/WC LOAN                             109,926                      115,865                           -
  F. OTHERS                               349,753                      281,542                           -
2.5 FIXED ASSETS                       115,979                116,263                  117,589
2.6 NON BANKING ASSETS                                -                          -                        225
2.7 OTHER  ASSETS                        19,587                  12,916                   17,434
         
3. PROFIT & LOSS ACCOUNT  UP TO THIS QUARTER   UP TO PREVIOUS QUARTER   UP TO CORRESPONDING PREVIOUS QUARTER 
3.1 INTEREST INCOME                      133,869                  89,850                   89,593
3.2 INTEREST EXPENSES                      102,770                  65,336                   59,114
  A. NET INTEREST INCOME [3.1-3.2]                     31,099               24,514                  30,479
3.3 FEES, COMMISSION & DISCOUNT                            268                      491                        469
3.4 OTHER OPERATING INCOME                         7,602                   5,845                     6,368
3.5 FOREIGN EXCHANGE GAIN/LOSS (NET)                                -                          -                           -
  B. TOTAL OPERATING INCOME [A+3.3+3.4+3.5]                     38,969               30,850                  37,316
3.6 STAFF EXPENSES                         6,668                   4,447                     5,190
3.7 OTHER OPERATING EXPENSES                        11,806                   7,376                     9,080
  C. OPERATING PROFIT BEFORE PROVISION [B-3.6-3.7]                     20,495               19,027                  23,046
3.8 PROVISION FOR POSSIBLE LOSSES                                -                          -                     2,610
  D. OPERATING PROFIT [C-3.8]                     20,495               19,027                  20,436
3.9 NON OPERATING INCOME/EXPENSES (NET)                         4,025                   4,024                     3,025
3.10 WRITE BACK OF PROVISION FOR POSSIBLE LOSS                         1,467                   1,596                        128
  E. PROFIT FROM REGULAR ACTIVITIES [D+3.9+3.10]                     25,987               24,647                  23,589
3.11 EXTRAORDINARY INCOME/EXPENSES (NET)                                -                          -                           -
  F. PROFIT BEFORE BONUS AND TAXES [E+3.11]                     25,987               24,647                  23,589
3.12 PROVISION FOR STAFF BONUS                         2,362                   2,240                     2,144
3.13 PROVISION FOR TAX                         7,118                   6,753                     6,433
  G. NET PROFIT/LOSS [F.-3.12-3.13]                     16,507               15,654                  15,012
* Paid up capital includes Right share call in advance of Rs. 2,12,62,000.
4 RATIOS    AT THE END OF THIS QUARTER   AT THE END OF PREVIOUS QUARTER   AT THE END OF CORRESPONDING PREVIOUS QUARTER 
4.1 CAPITAL FUND TO RWA 14.18% 13.09% 15.36%
4.2 NON PERFORMING LOAN (NPL)TO TOTAL LOAN 1.69% 1.67% 2.56%
4.3 TOTAL LOAN LOSS PROVISION TO NPL 160.87% 161.54% 142.30%
4.4 COST OF FUND 9.24% 8.97% 7.72%
4.5 CREDIT TO DEPOSIT RATIO (CALCULATED AS PER NRB DIRECTIVE) 84.23% 94.49% 84.88%
ANY CHANGE TO BE MADE AT THE INSTANCE OF THE STATUTORY AUDITORS AND REGULATORY AUTHOROTIES MAY CHANGE THE FINAL FIGURES.