Professional Documents
Culture Documents
GUB
TRUSTAND eXiSt-l-SUCr
SINCE 1904
C.O/Shares/LR-5/2016
BSE Ltd.,
DCS _ CRD,
Mumbai4O0
05i
Sir,
In corttinuation to our com,"nunication dated 1't November 2016, we hereby inform that the Board at its
meeting held today, the 10th November 2016, considered and approved the Un-audited Financial Results
of the Bank for the quarter/ half year ended 30th September 2016. The detailed format of the Un-audited
Financial Results together with
the Limited Review Report is enclosed for your records. A copy of the
Further, an extract of the financial results shall b6 published in a manner as prescribed under SEBI listing
regulations.
: 11.00 a.m
: 11.58 a.m
Thanking you
Yours faithfulty
foT
V Ramesh
General Manager
CFO & CS
M/s. P. Chandrasekar
Chartered Accountants
S-512, 514 ManipalCentre, #47,Dikenson Road, Bangalore
-560042.
Ph :080-25585443
Telefax :08G25597494
e-mai I : partner@pchandrasekar.com
lo
The Board of Directors of
CITY UNION BANK LTD.
1.
We have reviewed the accompanying statement of Unaudited Financial Results of CITy UNION BANK
LIMITED ('the Bank) for the Quarter Half year ended 30th September, 2016 ('the Statement),
excluding the'Basel III - Pillar 3 Disclosures'disclosed on the Bank's website and in respect of which
a link has.been provided in the Statemen't, being submitted by the Bank pursuant to the requirement
of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This statement which is the responsibility of the Bank's management and approved -by the Board of
Directors, has been prepared in accordance with the recognition and measurement principles laid
down in Accounting Standard For Interim Financial Reporting (AS 25), prescribed under Section 133
of the Companies Act 2013 read with relevant rules issued there under in so far as they apply to
banking companies and circulars and guidelines issued by Reserve Bank of India and other
accounting principles generally accepted in India. Our responsibility is to issue a report on the
statement based on our review.
.
'
2.'
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410,
'Review of Interim Flnancial Information Performed by the Independent Auditors of the Entity'
issued by the Institute of.Chartered Accountants of India. This Standard requires that we plan and
perform the review to obtain moderate assurance as to whether the Statement is free of material
misstatement. A review of interim financial infdrmation consists of making inquiries, primarily of
persons responsible for financial and accounting matters and applying analytical and other review
procedures. A review is substantially less in scope than an audit conducted in accordance with
Standards on Auditing and consequently does not enable us to obtain assurance that we would
become aware of all significant matters that might be identif,ed irt an audit. Accordingly, we do not
express an audit opinion.
3.
4.
Based on our review conducted as stated above, nothing has come to our attention that causes us
to believe that the accompanying Statement, prepared in accordance with the aforesaid Accounting
Standards and other accounting principles generally accepted in India in so far as they apply to
Banking Companies atld circulars and guidelines issued by the Reserve Bank of India from time to
time, has not disclosed the information required to be disclosed in terms of Regulation 33 of the
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including the manner in
which it is to be disclosed, or that it contains any material misstatement or that lt has not been
prepared in accordance with the relevant prudential norms prcscribed by the Reserve Bank of India
in respect of Income Recognition, Asset Classification, Provisioning and other related matters.
Place: Chennai
Date: 10.11.2016
Bangalore.
* Chennai
REVIEWED FINANCIAL RESULTS FOR THE QUARTER/PERIOD ENDED 3oth SEPTEMBE& 2016
'Rs in Lakhs)
Pafticulars
[.
30.o9.2016
Interestearned (a+b+c+d)
79067.48
a ) rnteresvDlscount on Advances/Bills
b) Income on Investments
89486.64
88330.97
82944.97
L778L7.67
154038.12
335418.55
48947.83
16864.s8
7691.35
9773.23
49277.61
49443.4(
15535.7:
tzg+t-
98165.42
32400.3
55812.41
15.
16.
453.28
11 1
259.1
15558.2:
26691.41
508.9r
t238.7t
t9940.7
4893.01
8048.91
14002_7(
18397.61
16359.9i
647s3.34
62425.35
130565.7s
1238,02.67
252090.24
23674.23
23577,63
20519.62
4725L.46
40235.45
83328.31
6700.0c
0.00
16974.23
4600.0c
7074.91
0.00
16502.56
4150.00
4985.0t
15l 14.9 )
9495.
23059.0C
tr.t,
15534.62
12974.23
0.0t
12374.23
5981.91
631 1.35
9224.
0.0(
4750.0C
30740.4!
8800.0(
12352.66
1o7a4.62
24726.49
0.00
L2352.66
LO744.62
0.0r
24726.A9
2L94().4s
0.0t
44tt69.31
0.0(
2494()-45
44469,31
5981.91
5981.91
5981.91
5981.91
s981.9r
2992t7.66
NJ
NiI
Nil
14.8301
15.25o/(
15.090/o
2.0)
2.07
1.81
annualised) (Rs.)
2.O2
2.01
7.71
59797.O9
55s03.49
3s850.2
33398.14
2.65
2.62
1.63
1.59
1.500/.
1.550/c
annualised) (Rs.)
EH5
0.00
i!
0.00
60269.31
15800.0c
334
8750.0(
ratios
+u99/,
196317.39
55772.85
21316.84
34456.01
17. Analftical
54097
1249.6(
2774.4(
97724.21
26074.4(
97L8.5t
58295.4t
14326.2;
L44097.34
612.4t
13. Eltra
Revi ewed
L56287.75
Year ended
31.03.2016
Audited
294420.78
t3bt59.6:
9451.7i
Q.
11.
30.09.2015
10.70
12955.1
10419.1 r
30.o9.2016
4t1.59
d) Others
Other Income
Totallncome(1+2)
Period ended
128L67.12
26382.14
901.66
836.8:
21529.8(
Interest ExDended
).
63390.2'
64776.8!
134t7.O1
448.3f
425.2t
3.
uarter ended
30.o6.2016 30.o9.2015
Reviewed
77220.27
73493-
Ni
Ni
15.O90/"
15.5801
4.1
3.6t
7.44
4.03
3.41
7.27
39829.3(
59797.09
39829.3t
51
25s93.62
2ss93.6i
32315.40
2_1(
35860.26
2.6(
2.7(
2.41
1.35
1.6:
1.3f
1.53
1.450/o
1.5301
l.sloL
l.Soo/t
(Rs in Lakhs)
30.09.201r
30.o9.2016
(Reviewed)
5981.91
323944.55
2839278.91
lorrowinqs
5981.91
285938.2[
2561610.5i
ffi49.31
14080.9:
110478.4t
109392.51
3286133.30
2977004.15
136904.13
128285.83
137898.36
98928.71
670867.14
723507.68
279716s.62
1878457.90
fotal
Assets
nvestments
Advances
Fixed Assets
2096s.28
21939.23
Other Assets
t22332.78
125884.80
3286133.30
29770o,4.15
Total
:; lr ; :,J
iuT
'
..-:
UlTY
!l'
l::
ITn
'rQ,n^^ufV-l
Ciimpa*y $eci
Ni
74.830h
198.1f
Notes
The above unaudited flnancial results for the period ended 30th September 2016 have been subjected to Limited Review by Statutory Central
Auditors of the Bank and reviewed by the Audit Committee of the Board and approved by the Board of Directors at their meeting held on
10th November 2016.
The above working results for the period encjed 30th September 2016 have been arrived at after making provisions for
Standard Assets, Non Performing Assets and Depreciation on Investments, Employee benefits, taxes & other usual and necessary provisions
on an estimated basis.
There has been no change in the accounting policies followed by the Bank during the period ended 30th September 2016 as compared to those
followed in the preceeding financial year ended 31st March 2016.
In accordance with the RBI circular DBOD. No. BP. BC U21.06.20U2015-16 dated olstJuly 2015, Banks are required to make Pillar III disclosures
under Basel III capital requirements and the disclosure for 30th September 2016 is being made available on the Bank's web site (www.cityunionbank.com).
The disclosures have not been subjected to audit or limited review by the Statutory Centrel Auditors of the Bank.
The bank has provided Rs.15.00 crs towards probable shortfall in the future realisation of Security Receipts.
Number of Investor complaints pending at the beginning of the quarier Pending complaints as on 30th September 2016 : Nil
Figures ofthe corresponding period have been reclassified/regrouped, wherever cohsidered necessary.
GV,ry
Dr. N.
Place : Chennai
Date :
FirmNo.00580-S
Larctrny.
Paftndr.
M.No.28508
Place : Chennai
KAMAKODI ,/
CEO
,/
MD &
Segmentwise Results
Rs in
Pafticulars
30.09.2016
Quafter ended
30.06.2016
Period ended
30.09.20r5
Reviewed
30.09.20r6
Year ended
30.09.2015
Revi ewed
Segment Revenue
a) Treasury
t8445
2209t
c) Retail Banking
31.03.2016
Audited
18737
18083
37t82
20876
48783
22209
47294
168
91
19C
44300
96077
259
Total
89487
88331
8294!
t778t8
164038
86864
177529
773
335419
89487
88331
82945
t778t8
164038
335419
9604
4488
8437
7479
5727
18041
12228
32019
6041
11355
951i
22628
9092
7t90
10529
18603
t6524
4379e
34544
40733
88s00
26t
702s3
Segment Results
a) Treasury
7L
tzg
23578
124
20520
79
23674
47252
40231
28198
483
83328
23674
23578
20s20
47252
40235
83328
670C
7075
4985
t3775
9495
23059
16974
16503
15s3s
33477
30740
60269
4600
4150
475C
8750
8800
15800
L2374
12353
10785
24727
2L940
44469
a) Treasury
895168
918860
627734
918860
627134
839891
757882
936386
713195
1485910
895168
t344012
1490477
74724
Net Profit
Segmental Assets:
c) Retail Bankinq
d) Unallocated
Total Assets
t544t70
13440t2
757882
t544170
720t04
88913
91208
86998
88913
3285133
3226699
2977004
3286133
85998
29770,0,4
3125196
80140C
8425t9
828s29
759002
5728t7
t227602
689120
1404070
61677
651841
1357966
56821
828s29
5728t7
80140C
68912C
56136
6t617
56136
654240
13s4151
52603
29562(J7
2909L47
2685084
2956207
2685084
2819996
93768
68762
93867
61354
90331
54311
93758
90331
68762
543t7
80889
65864
140100
127944
Seqmental Liabilities:
a) Treasury
b) Corporate
wholesale bankinq
c) Retail Bankinq
d) Unallocated
Total
t40407c
t227602
pital Employed:
Segment Assets - Segment Liabilities
a) Treasury
b) Corporate / wholesale bankino
c) Retail Bankinq
d) Unallocated
27296
34387
Tota!
329926
3L7552
There are no significant residual operations carried on by thelank.
1641C
140100
30862
27296
116410
30862
29L920
329926
29L920
136326
22Lzt
305200