Page 148 - DCOM205_ACCOUNTING_FOR_COMPANIES_II

Unit 7: Accounting for Banking Companies

capital funds: figures in notes
` lakhs
Equity Share Capital 4,80,00
Statutory Reserve 2,80,00
Capital Reserve (of which ` 280 lakhs were due to revaluation of assets and the
balance due to sale) 12,10
assets:
Cash Balance with RBI 4,80
Balance with other Bank 12,50

Certificate of Deposits with other commercial Bank 28,50
Other investments 78,250
Loans and Advances:
(i) Guaranteed by government 128,20
(ii) Guaranteed by public sector undertakings of Government of India 702,10

(iii) Other 52,02,50
Premises, furniture and fixtures 182,00
Other Assets 201,20
Off-Balance Sheet Items:

Acceptances, endorsements and letters of credit 3,70,250
Solution
capital funds – tier i :
` in Lakhs ` in Lakhs
Equity Share Capital 48,000
Statutory Reserve 28,000

Capital Reserve (arising out of sale of assets) 930
76,930
capital funds – tier ii :
Capital Reserve
(arising out of revaluation of assets) 280
Less: Discount to the extent of 55% 154 126
Total 77,056

Risk Adjusted Assets
Funded Risk Assets ` in Percentage Amount
Lakhs Weight ` in
lakhs
Cash Balance with RBI 480 0 -
Balance with other Banks 1,250 20% 250

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