It is a broadly described auditor’s report of Southeast Bank Limited in the year of 2013. Total capital of the Bank was Taka. 21,783.59 million as at 31st December 2013 (Tk. 19,608.96 million in 2012). A total asset of the Bank was Taka. 220,578,175,264. During the financial year, The Bank’s Net interest income/net profit on investments Tk. 1,967,129,642. Total operating income Tk. 9,684,798,303. Profit before tax Tk. 6,078,822,023. Net profit after tax for the year Tk. 3,378,822,023. Earnings per share of the Bank Tk. 3.83.
The Board of Directors in its 434th meeting held on 03rd March 2014 has recommended a cash dividend @16% and stock dividend @5% subject to the approval of the shareholders at the next Annual General Meeting. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.
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