Annual Report (Financial Statements) 2005 of United Bank Limited

It is a broadly described annual report (financial statements) of United Bank Limited in the year of 2005. During the financial year, The Bank’s Total Assets reported stood at Rs. 347,048,951 million. Deposits of the Bank stood at Rs. 289,226,299 million. The share capital of the Bank stood at Rs. 5,180,000 million for the year 2005. The Bank’s Profit before taxation Rs. 9,481,648 million. Profit after taxation for the year Rs. 9,223,471 million. Earnings per share (EPS) Basic/Diluted Rs. 11.48.

The Board of Directors of the Bank has recommended a final cash dividend of Rs. 2.50/- per share and the directors have also announced a bonus issue of @25% to its shareholders during the year ended 31st December 2005.

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