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" **& J ++ (Rs. in Millions) Year Ending 31st March 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 GROSS INCOME Excise Duties etc. Net Income 69237.5 77009.6 80693.7 88271.1 99824.6 111944.7 120399.2 135853.9 165105.1 198415.4 36939.4 40632.5 41338.9 44745.2 47808.6 51591.0 53446.0 57101.3 64339.0 71357.5 32298.1 36377.1 39354.8 43525.9 52016.0 60353.7 66953.2 78752.6 100766.1 127057.9 Cost of Sales 22714.6 24433.0 24754.5 25164.4 31559.6 37120.0 41098.5 48468.9 64631.5 84128.9 PBDIT 9583.5 11944.1 14600.3 18361.5 20456.4 23233.7 25854.7 30283.7 36134.6 42929.0 PBDT 8773.3 10403.2 13474.8 17402.4 19787.1 22935.3 25606.8 29859.4 36015.3 42896.2 Depreciation 858.5 1022.9 1185.3 1399.4 1984.5 2373.4 2416.2 3128.7 3323.4 3629.2 PBIT 8725.0 10921.2 13415.0 16962.1 18471.9 20860.3 23438.5 27155.0 32811.2 39299.8 PROFIT BEFORE TAX Tax 7914.8 9380.3 12289.5 16003.0 17802.6 20561.9 23190.6 26730.7 32691.9 39267.0 2652.8 3146.1 4365.1 5940.4 5905.4 6848.4 7262.1 8360.0 9888.2 12267.3 PROFIT AFTER TAX BEFORE EXCEPTIONAL 5262.0 6234.2 7924.4 10062.6 11897.2 13713.5 15928.5 18370.7 22803.7 26999.7 ITEMS EXCEPTIONAL ITEMS (NET OF - - - - - - - 3543.3 (450.2) - 7H

TAX) PROFIT AFTER TAXATION 5262.0 6324.2 7924.4 10062.6 11897.2 13713.5 15928.5 21914.0 22353.5 26999.7 Dividends* 1214.8 1498.3 2245.5 2704.5 3341.4 4188.4 5588.3 8817.0 11347.0 13645.0 Retained Profits 4047.2 4735.9 5678.9 7358.1 8555.8 9525.1 10340.2 13097.0 11006.5 13354.7 Earnings Per Share on profit after tax before exceptional items Basic (Rs.)** 14.3 16.9 21.5 27.3 32.0 36.9 42.9 49.1 60.8 71.9 Adjusted @ (Rs.) 68.6 81.3 103.3 131.2 155.1 178.8 207.7 239.5 297.3 352.1 Earnings Per Share on profit after taxation Basic (Rs.)** 14.3 16.9 21.5 27.3 32.3 37.3 42.9 58.5 59.6 71.9 Adjusted @ (Rs.) 68.6 81.3 103.3 131.2 155.1 178.8 207.7 285.7 291.5 352.1 Dividend Per Share (Rs.)** 03.0 03.7 05.0 06.7 09.0 10.0 13.3 20.7 26.5 31.0 Market Capitalization *** 175230 236330 180380 199870 172430 155810 257930 334330 732070 565830 Foreign Exchange 7590.8 6495.5 6877.0 6971.3 9475.7 12940.0 10775.1 12686.5 17935.1 22832.1 Earnings P#029:97''7; PP10&E&'<&E7 PPP #"B0 <39#% D10 &HH7-E. &HH.)&E& -'

7''-7"'H"GH"?7' %&%''" "0#02)0 40)0 % 7''G&"7&"7@"(@' %&%''" "0#02)+40 +40)0 % &E7 "! Consolidated Balance Sheet as at 31st March, 2007 As At 31st March, 2007 (Rs. In Millions) As At 31st March, 2006 (Rs. In Millions) I. SOURCES OF FUNDS 1. Shareholders' Funds a) Capital 3762.2 3755.2 c) Reserves & Surplus 102703.6 106465.8 88459.4 92214.6 2. Minority Interests 1075.8 817.5 3. Loan Funds a) Secured Loans 608.0 528.6 b) Unsecured Loans 1401.0 2009.0 938.2 1466.8 4. Deferred Tax Net 4712.7 3255.0 Total 114263.3 97753.9 II. APPLICATION OF FUNDS 1. Fixed Assets a) Gross Block 77951.7 68625.9 -&

b) Less: Depreciation 26865.5 23392.8 c) Net Block 51086.2 45233.1 d) Capital Work-in-Progress 8760.9 2466.1 59847.1 47699.2 e) Less: Provision for assets given on lease 87.1 59760.0 87.1 47612.1 2. Investments 25058.9 29981.0 3. Current Assets, Loans and Advances a) Inventories 39346.7 31154.3 b) Sundry Debtors 7330.4 6351.9 c) Cash and Bank Balances 10865.0 9777.7 d) Other Current Assets 1938.2 1568.5 e) Loans and Advances 9865.2 7702.7 69345.5 56555.1 Less : 4. Current Liabilities and Provisions a) Liabilities 25486.5 22820.6 b) Provisions 14419.9 13580.0 39906.4 36400.6 Net Current Assets 29439.1 20154.5 5. Miscellaneous Expenditure.%- G%- -7

VOLUME NO: 1 (2010), ISSUE NO. 5 (SEPTEMBER) ISSN 0976-2183 (To the extent not written off or adjusted) [See Schedule 19 (ix)] Total 114263.3 97753.9 ", 3?69A49)8= L4@:76K4 4<;49) J 8?95 8> 694@789) M 885) MM MMM 874E)?9H476=B 4?5 6=?=@4 4?5?74B89G 4?5 J 7?AE4)?74B89G 4?5 J =?@H 885?74B89G 4?5 J 8:9<47 885?74B89G 4?5 J 8=>4@768=49G?768=?E?E4)?=?B49 4B68=?E?E4)?=?B49 6)796@7?=?B49 ))6)7?=7?=?B49 MMMM 94??=?B49 94? L4@:76K4 9?=@3?=?B49 --

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Terms of Trade Loss in South Asia (Jan 2003 - May 2008) 40 35 34.1 30 Percent of GDP (2002) 25 20 15 10 7.7 9.5 9.5 10.2 7.7 19.6 21.2 11 11.3 11.6 5 3.1 2.6 2.4 3.9 3.4 0-5 -0.5 Bangladesh India Sri Lanka Maldives Nepal Pakistan -1.6 All Commodities Food Energy E3) "2A<!#& )#"94<#%20<"#0 7%( 7''(@%(7''?:+"7''.;%0###7''- 7''@%2#7''?:##0&W!/7''@0(W!/7''H;#0 %###B% #0(7''?1#."0 0%$L#07''(#0 %4<# 0#M"#00% 0E#01 %#" 4<"<"#$"0##0%""0# 00%#7''@#7''?" 0#"09 <:\<"7''?;% ##0 &7?-4<% 0##7''?##%2# 0 _@'C0<_&.'C:0"7''?;% 20#00#0# 0 9<% "0 0#0#0<G %2 #00# 90%/# 0###0< % 2<0000#09 #9"0" 0##90% 6=?=@6?E )4@789 00 0#90<00%+" < 00 0" 9 # 0< % 2#0 "=56?" 09##0<# 0 # 0" # 9 0 c#c###%2# -G

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Values of PM 0.25 0.2 0.15 0.1 0.05!#&E #< Graphical presentation of Profit Margin of the selected banks Axis BOI BOB Canara HDFC ICICI IDBI KMB OBC PNB SBI UB 0 0 1 2 3 4 5 6 7 8 9 10 11 12 Banks EL #:;=#0<%2'%'H&..7# %2"0#<=L#0#00## %2<L# ##0<%!#7E 22< Graphical presentation of TAT ratio of the selected banks 0.12 0.1 KMB Values of TAT 0.08 0.06 0.04 Axis BOI BOB Canara HDFC ICICI IDBI OBC PNB SBI UB 0.02 0 0 1 2 3 4 5 6 7 8 9 10 11 12 Banks EL &7(

A220"####0#00 %22=## 0#<%<000<% "=0#0#% "))<22:'%'G(@(.;%!#-E < EL 0 0%4<00"##0% =#22"##'%'7&.HG%2#%!#(E 3< Values of EM 25 20 15 10 5 0 Graphical presentation of EM ratio of selected banks Axis BOI BOB Canara HDFC ICICI IDBI KMB OBC PNB SBIUB 0 1 2 3 4 5 6 7 8 9 10 11 12 Banks EL &7.

300 B %0"0 #09 %"30 0%0#<3=:G%H@??(;%2000 <%"L3#:7&%-7G'(;"0#0%!#.E 3< 0.25 Graphical presentation of ROE ratio of the selected banks Values of ROE 0.2 0.15 0.1 0.05 Axis BOI BOB CanaraHDFC ICICI IDBI KMB OBC PNB SBI UB 0 0 1 2 3 4 5 6 7 8 9 10 11 12 Banks EL 3B 0%000<3# #0%!0#"339<#%9<L3 ##3%#<%"L#0#0%2# 3 #""220#3%"3=#%"L"22 #0#<B 3%L0#0#"30 #3##<%L#0#00#00 0#000<%" 00%)<L 0"0#0#0#00%)B " 0##0# #3%A +!)<"#0<"#0 <%+"3:'%&G?.-&;<9=%"))<L"223# 3:'%&&@.(@;#%3<#"# 3220 #%!0$"50<# %23 ##3%<22 #%4 ")"3##322% #<#"=%+!)< ))<% &7G

!#GE < Graphical presentation of ROA of selected banks 1.6 KMB HDFC 1.4 OBC 1.2 Axis ICICI 1 BOI BOB Canara PNB UB SBI 0.8 0.6 IDBI 0.4 0.2 0 0 1 2 3 4 5 6 7 8 9 10 11 12 Banks EL # "=#0#<+!)= 00%+"=+!)0%<9< 0###0 0##B%# 00##=+!)00<%" )<9000%2))0#0# %")$0 0#0%<0 0<# 0#0"0 < #9%2=+!)0 0% 1 1 0 0 # < <#%+"<<<#L%3 << L#"###<##<% 0<#%##<"<#0*%2 <<#27% 27E#< Values of ROA 9 22 ) +!) '%&(-&7. '%&&7'@H '%&&7G&. '%&7&((@ '%&@?G7H '%&(@&@G '%'G?(H. '%'@-'-@ '%'@('( '%'@@-.- '%'GH.-- '%'G(@(. '%''H.H- '%''@HH7 '%''?&(H '%''H&.? '%'&77-H '%''H(@? 3 '%(&'.( '%(&(?&@ '%-7H7(& '%-@&.(. '%7G'@?G '%7-G@G 3 '%&H@7G. '%&G.-7@ '%&-H7-G '%&@-7&( '%&G?.-& '%&&@.(@ W (.%?H@(( ((%&'7.G ((%@(-.H (G%'7.G( (@%&@H(H (.%G(&'- = ) $ 5 '%'H&..7 '%7&G'(( '%&7(-(( '%&7..-@ '%&&&-@ '%&&'G.& 22 '%'@@?H& '%'H@(7H '%'?-7HG '%'@H--@ '%'@.-(& '%'@HG@- '%''GH(. '%'7&.HG '%'&'&.. '%''HG(H '%''?77( '%''?(.? )) &7@

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