Annual Report (Financial Statements) 2003 of United Bank Limited

It is a broadly described annual report (financial statements) of United Bank Limited in the year of 2003. During the financial year, The Bank’s Total Assets reported stood at Rs. 225,387,212 million. Fixed deposits of the Bank stood at Rs. 103,865,358 million. The share capital of the Bank stood at Rs. 5,180,000 million for the year 2003. The Bank’s Profit before taxation Rs. 4,521,983 million. Profit after taxation for the year Rs. 2,817,886 million. Earnings per share (EPS) Basic/Diluted Rs. 5.44.

The Board of Directors of the Bank has recommended a final cash dividend of Rs. 2.25/- per share to its shareholders during the year ended 31^st December 2003.

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