Annual Report and Accounts

18 Apr 2006 07:00

UTI Bank Limited17 April 2006 UTI BANK The business of the Bank has been divided into two segments as follows :- SEGMENT PRINCIPAL ACTIVITIES Treasury Treasury operations include investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the proprietary account and for customers and central funding. Other Other Banking Operations inlcude corporate relationships, corporate advisory Banking services, placements and syndication, management of public issue, project Operations appraisals, depository and capital market related services, cash management services, retail assets and liability products, card services, internet banking, ATM services, financial advisory services and NRI services. Segmental Results (Rs in crores) For the For the For the year For the year quarter ended quarter ended ended ended 31-03-2006 31-03-2005 31-03-2006 31-03-2005 1 Segment Revenue a Treasury 1638.26 1077.89 5628.19 3319.95 b Other Banking 942.88 607.12 3122.17 2120.33 Operations c Others 0.43 -9.77 1.19 -1.18 Total 2581.57 1675.24 8751.55 5439.10 Less Inter segment 1520.85 952.82 5133.13 3099.12 revenue Income from 1060.72 722.42 3618.42 2339.98 Operations 2 Segment Results After Provisions & BeforeTax a Treasury 102.58 93.05 415.54 191.70 b Other Banking 127.02 85.64 314.70 313.29 Operations c Others 0.29 -3.00 1.05 -1.29 Total Profit Before 229.89 175.69 731.29 503.70 Tax 3 Capital Employed a Treasury 1573.50 1377.41 1573.50 1377.41 b Other Banking 1205.36 929.63 1205.36 929.63 Operations c Others 93.33 101.15 93.33 101.15 Total 2872.19 2408.19 2872.19 2408.19 Notes: 1. Previous period figures have been regrouped and reclassified, where necessary, to make them comparable with current quarter figures. This information is provided by RNS The company news service from the London Stock Exchange