Annual Report (Financial Statements) 2004 of United Bank Limited

It is a broadly described annual report (financial statements) of United Bank Limited in the year of 2004. During the financial year, The Bank’s Total Assets reported stood at Rs. 272,612,663 million. Deposits of the Bank stood at Rs. 45,185,125 million. The share capital of the Bank stood at Rs. 5,180,000 million for the year 2004. The Bank’s Profit before taxation Rs. 4,889,728 million. Profit after taxation for the year Rs. 3,701,544 million. Earnings per share (EPS) Basic/Diluted Rs. 7.15.

The Board of Directors of the Bank has recommended a final cash dividend of Rs. 1.50/- per share to its shareholders during the year ended 31^st December 2004.

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