Table 8: Consolidated Statement of Assets and Liabilities of Commercial Banks

as at end February 1999

February 1999

January 1999

Rupees

Rupees

ASSETS EMPLOYED

ASSETS

Cash in Hand & Balances with BOM

4,499,984,030

4,619,194,718

Balances & Placements

Banks in Mtius & Abroad

5,513,292,656

5,355,699,794

Offshore Banks in Mtius

1,255,959,742

284,534,889

6,769,252,398

5,640,234,683

Investment in Govt & BOM Securities

12,422,286,278

12,598,071,752

Foreign Currency Notes & Coin

157,497,589

149,298,000

Loans & Overdrafts to Customers

Private Sector

45,347,391,848

45,120,419,330

Government

307,329,771

309,874,903

45,654,721,619

45,430,294,233

Other Advances

Local

1,951,295,216

1,950,597,652

Foreign

3,596,582,245

3,476,604,049

5,547,877,461

5,427,201,701

Other Investments

9,981,969,128

9,850,450,900

Fixed Assets

4,555,781,075

4,497,826,410

Other Assets

3,187,732,498

3,069,505,603

92,777,102,076

91,282,078,000

less:

LIABILITIES

Deposits

Demand

11,524,835,437

12,097,906,138

Savings

31,833,503,544

31,137,769,022

Time

28,877,257,587

27,666,506,157

72,235,596,568

70,902,181,317

Borrowings

Bank of Mauritius

250,000,000

250,000,000

Banks in Mtius & Abroad

4,098,136,663

3,621,873,506

Offshore Banks in Mtius

186,627,242

61,832,732

Others

68,379,109

70,294,395

4,603,143,014

4,004,000,633

Other Liabilities

6,730,214,272

7,228,463,680

83,568,953,854

82,134,645,630

9,208,148,222

9,147,432,370

FINANCED BY

CAPITAL & RESERVES

Issued & Paid-Up Capital

2,903,713,384

2,903,713,384

Reserves & Surplus

6,285,148,924

6,220,433,072

9,188,862,308

9,124,146,456

LOANS

19,285,914

23,285,914

9,208,148,222

9,147,432,370

MEMORANDUM ITEMS

Documentary Letters of Credit, Acceptances,

Endorsements & other Obligations on

account of Customers

13,115,445,865

12,799,885,121

Inward Bills Held for Collection

1,046,291,370

1,074,837,602

Outward Bills Sent for Collection

880,203,328

527,997,306