EXCELLENT CO-OPERATIVE BANK LTD. MUMBAI
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31st MARCH 2008
2006-07	EXPENDITURE		2007-2008	2006-07	INCOME		2007-2008
Rs.                            P.			Rs.                            P.	Rs.                            P.			Rs.                          P.
25,159,838.96	To interest on Deposits, Borrowings etc		24,643,957.13	72,879,406.51	By Interest and Discount		79,762,749.39
	To Salaries, Allowances, Provident Fund,			3,692,274.42	By Commission, Exchange & Brokerage		3,084,078.95
28,890,481.00	Bonus & Gratuity etc.		30,880,843.00
				53,520.00	By Dividend		53,520.00
	To Director's & Local Committee
15,449.00	Meeting Expenses A/c		15,296.00	477,249.80	By Other Receipts		525,906.00
3,141,803.00	To Rent, Taxes, Insurances Lightning etc.		3,887,330.44
651,430.00	To Law & Professional Charges		1,223,504.00
352,931.63	To Postage, Telegram & Telephone Charges		365,184.05
1,424,865.43	To Repairs & Maintanence		1,877,458.70
1,416,544.75	To Depreciation on Assets		1,276,815.85
	To Auditor's Fees (including internal
558,453.00	Auditor's Fees)		570,279.00
869,795.57	To Stationery, Printing & Advertisements		851,538.88
1,584,173.60	To Other Expenditure		2,254,135.40
30,000.00	To Contribution to Education Fund		30,000.00
	To Transferred to Reserve for Bad
975,000.00	& Doubtful Debts		1,166,240.00
4,037,267.00	To Prov. Income Tax - Mar 2008		4,474,870.00
7,994,417.79	To Balance of Profit carried to Balance Sheet		9,908,801.89
77,102,450.73	TOTAL		83,426,254.34	77,102,450.73	TOTAL		83,426,254.34
As per our report of even date attached			As per our report of even dated attached			For EXCELLENT CO-OP. BANK LTD.MUMBAI
M/s. C.P. Kasat & Co.,			For Mishra & Firke Associates
(Chartered Accountants)			(Chartered Accountants)			(Sadiq Hawa)	(Mansur Chunawala)
						Chairman	Director
(C P Kasat)	Place: Mumbai		Partner			Date :15.04.2008
Proprietor	Date : 05th June 2008		(Jawahar Kothari)			Place : Mumbai
Internal Auditor			Statututory Auditor
Membership No.33995			Membership No. 48601