ACE Finance
Nepse quote: ace

Figures in NRs million
UNAUDITED FINANCIAL RESULT As of Fourth quarter 2006 (4qF06)
Particulars	4qF06	4qF05
Liabilities
Paid up Capital	90.0	90.0
Reserves & Surplus	86.4	47.0
Borrowing	28.0	-
Total Deposits	857.7	779.4
Other Liabilities	69.7	68.8
Total Balance	1131.8	985.2
Assets
Cash & Bank	83.5	50.5
Money at call and short notice	-	-
Total Investments	154.9	221.3
Total Credit	780.3	651.8
Fixed Assets	41.6	26.0
Non Banking Assets	0.5	3.8
Other Assets	71.0	31.8
Total Balance	1131.8	985.2
Profit & Loss	4qF06	4qF05
Total Income	136.3	105.0
Interest Income	90.4	90.1
Other Income	45.9	14.9
Total Expenses	96.6	72.7
Interest Expenses	52.4	55.5
Operating Expenses	44.2	17.1
Operating Profit	39.7	32.3
Provision for possible loss	0.3	5.1
Profit before tax and bonus	39.4	27.2
Staff Bonus	3.9	2.7
Provision for tax	10.5	8.5
Net profit	25.0	16.0