Unaudited Financial statements of Quarter (Q2) ended 30 June 2025

United Commercial Bank PLC

Unauditad Consolidated and Separate Financial statements

For Yhe Quarter Ended 30 3une 2025

PROPERTIES AND ASSETS

Cash

UNETED COMMERCIAL BANK PLC CONSOLIDATED BALANCE SHEET AS AT 30 JUNE 2025

f UNAUDITED 1

10,695,583,665

31,60d 087,07'f

45,290,670,739

1y,443,112,603

33,000,521,554

45,443,634,157

Cash in Hand (Including Foreign Currencies) Balance with Bangladesh Bank & its agent banI‹(s) (Including Foreign Cui reilcics)

Balance with oehei banks & financial institution

h OanglaJesh

Outside Bangladesh

Money at call on short notice

Investments Government Others

Loans ant1 Advances

Loans, Cash Credit, Overdrafts etc. Bills purchased and discounted

Fixed ascets including premises, furniture & fixture Other assets

Noij-banking assets Total Assets

LIABILITIES AND CAPITAL

Liabilities :

Borrowings from other banks, financial institutions and agents

Deposits and nther accounts Current accounts & other accounts Bills Payable

Savings Bank Deposits

Term Deposit

Other Deposits

Other Liabilities

Total Liabilities

Capital/5harehotdeis' Equity

Paid up Capital Share Premium Stat«l:ory fteserve General Reserve

Other Reserve Retained Earning

Total Shareholders' Equity Non Controlling Interest

Total shareholders' Ecjuity with non controlling interest Total Liabilities and Sharaholdars' Equity

1

1S,172,a88,272

7,248,952,997

7,923,935,275

5,491,342,800

t04,142,125,477 15,998,328,622

120,140,454,099

613,468,804,413

19,154,7SO,5O6

18,975,935,6OZ

18,956,000

  837,722,802,431  

62,094,889,433

1os,ots,oz3,44O

797,812,326,549  

B9,91O,475,694

           188  

  39,910,475,882  

837,7]Z,80],431 

19,013,303,637

12,853,680,447

6,159,623,190

2,5O0,OOO,OOO

75,913,616,797

14,843,147,626

90,756,764,423

568,47,161,936

9,983,684,437

578,130,846,373

19,S67,O7O,636

16,768,471,179

3,336,000

772,1B3,426,405 

81,142,166,248

98,818,436,734

732,186,309,255

39,997,116,960

             190

  39,997,117,150 

772,183,426,405

UNITED COMMERCIAL BANK PLC

CONSOLIDATED OFF-BALANCE SfJEET ITEMS

AS AT 30 3UNE 2O25 f UNAUD7TEh 1

30-06-2025

Taka

31-12-2024

             Taka      

OFF DALANCE SHEET ITEMS

CONTINGENT L7AB7L$TgES

Acceptances& Endorsements Letter of Guarantees Irrevocable Letter of Credit Bllls for Collection

Other contingent Liabilities

Other Commitments

Documentary credlt and other short term trade related transactions Forward assets purchased and forward deposits placed

Undrown note issuance and revolving underwriting facilities

Undrawn formal standby facilities, credit lines and other commitments

Total off-ealance sheet items including contingent liabilities

  230,767,798,525  

290,34B,725,1B6

8,142,915,700

Chier Financial Officer

UNITED COf MERCIAL BANX PLC CONSDLIDATED PROFIT AND LOS5 ACCOUNT FOR THE HALF YEAR ENDED DN 3O 3une 2025 IUNAUDITED I

Interest Income

Interest Paid on Deposit and Borrowings Net Interest Income

Income from Investment

Commission, Exchange and Brokerage Other Operating income

Total Operating Income (A)

OPERATING EXPENSES

Salary and Allowances

Rent, Taxes, Insurance, Electricity etc. Legal Expenses

Postage, Stamps, Telegram, Telephone etc. Stationery, Printing, Advertisements etc.

Chief Executive's Salary and fees Director's Fee and other expenses Auditors Fees

Depreciation and repair of Fixed Assets Other Expenses

Total Operatiztg Expenses (B)

Profit & Lass before provision ( C ) =(A-B)

Provision for Loans & Advance

Provision for diminution in value of investments Other provision

Total Provision

Total Profit before Encome Tax Provision for Taxation

Current Tax Expenses

Deferred Tax Expense/(Income)

Net profit after Tax

Earning per ordinary share (EPS )

8,085,822,334

17,799,972,651

10,728,599,749

7,071,37Z,902

6,150,252,124

921,120,778

1,269,245,217

631,632,1k3

741,815,065

10,176,716,239

19,304,645,279

11,788,833,446

7,51S,811,B32

4,352,175,276

3,163,636,557

4,432,698,651

9,651,943,264

5,394,530,478

4,257,412,786

3,725,518,356

413,058,522

5,530,005,236

10,417,070,3B4

6,038,806,573

4,378,263,812

2,724,692,009

1,653,571,802

1,021,939,689

Chief Financial Officer

Managing Director & CEO

FOR THE HALF YEAR ENDED ON 30 JUNE 2025

(UNAUDITED) 

Receipts of Interest Payments of Interest Receipt of Dividend

Receipt of Fees & Commission

Recoveries from previously written off advances Payments to employees

Payment to suppliers

Payment for Advance Income Tax Receipt horn other operating activities Payment for other activities

(Purchase)/Sale of Securities

(Purchase)/Sale of Property, Plant & Equipment

Cash flows from financing activities (Payment to)/Receipt from borrowing Payment of Sub-Ordinated Bond

Cash received from issuing of shares Cash dividend payment

Coupon payment ol° Perpetual Bond

Net cash increase/dacrease ( A+B+C )

Effects of the changes of exchange rate on cash and cash equivalents*

Closing cash and cash equivalent at the end of the period

(910,137,495)

(493,635,036)

(824,046,559)

(1,323,822,580)

686,104,795

66,952,061,595

5,561,000,309

714,96B,323

58,641,710,871

Chief Financial Offi

Company ecre ry (Acting)

4

Managing Director & CEO

UNITED COI4HERC7A1. BANK PLC

CONSOMDATED STATEMENT OF Cf4ANGES 7N EQUITY FOR THE HALF YEAR ENDED ON 30 3une 2025 [UNAUDITED}

Chief Financial Officer

Compa e (Acting) Nanag ing Director & CEO

UIt7TED COMPIERCIAL BANK PLC BALANCE SHEET

AS AT 30 3UNE 2025

I UNAUDITED ]

PROPERTIES AND ASSETS

Cash

Cash in Hand (Including Foreign Currencies) Balance with Bangladesh Bank & ifs agent bank(s) (Including Foieign Currencies}

Balance with other banks & financial institution In Bangladesh

Outside Bangladesh

I'floney at call on short notice

Loans and Advances

Loans, Cash Credit, Overdrafts etc. Bills purchased and discounted

Fixed assets including premises, furniture & fixture

Other assets

Non-banking assets

45,299,377,015

13,882,851,990

5,491,342,800

€iO8,159,281,132

18,956,000

45,443,390,740

17,724,645,465

2,500,O00,000

LIABILITIES AND CAPITAL

Liabilities :

Borrowings from other banks, financial institutions and agents

Deposits and other accounts Current accounts & other accounts Bills Payable

Savings Bank Deposits

Fixed Deposit Other Deposits

Other Liabilities

99,911,458,004

92,987,149,S24

Total Liabilities

Capil:at/Shareholders' Equity Paid up Capital

Share Premium Statutory Reserve General Reserve Other Reserve Retained Earning

Total Shareholders ’Equity

Total Liabilities and Shareholders 'Equit:y

  792,729,774,760    726,988,654,3B0  

41,909,975,89B 41„y79O,822,092

834,639,750,659  768,779,476,471  

6

UNITED COI'1MERCIAL BANK PLC OFF-BALANCE SHEET ETEMS 

AS AT 30 JMNE 2025

{UNAUDITED 1

OFF BALANCE SHEET IYEMS

Contingent Liabilities Acceptances & Endorsements

Leter of Guarantees

Irrevocable Letter of Credit

Bills for Collection

Other contingent Liabilities

Other Commitments

Documentary credit and other shoit term trade related transactions Forward assets purchased and forward deposits placed

Undrown note issuance and revolving underwriting facilities

Undrawn formal standby facilities, credit lines and other commitments

23O,7G7,798,S2S 290,348,725,186

- B,E42,91S,7OO

Compa

cre

Total off-ealance sheet items including contingent liabilities 230,7s7,798,525  29B,491,640,886  

Chief Financial Officar

f4anaglng Director & CEO

ector

7

UNITED COMMERCIAL BANK PLC PROFIT AND LOSS ACCOUNT

FOft THE HALF YEAR ENOED ON 30 7une 2O2S

{UNAUDITED )

Interest Zncome

Interest Paid on Deposit and Boirowiisgs NaC 4nterecr Zncome

Income from Investment

Commission, Exchange and Brokerage Othei Operating Income

Total Operating Income {A} OPERATING EXPENSES

salary and Allowances

Rent, Taxes, Insurance, Electricity etc Legal Expenses

Postage, Stamps, Telecommunication etc. Stationery, Printlng, Advertisements etc. Chief Executive's Salary and fees Director's Fee and other expenses Auditors Fees

Depreciation and repair of Fixed Assets Other Expenses

Total Operating Expenses{B)

Profit & Lass bafbre Provision ( C ) =(A-B)

Provision for Loans & Advance

Provision for diminution in value of Investments Other provision

Total Provision

Total Profit before Income Tax Provision for Taxation CurrenETax Expenses

Deferred Tax Expense/(income)

Net profit after Tax

Earning par ordinary share (EPS)

8,063,242,402 9,96/277,899 4,429,172,820 5,436,588,298

17,161,367,308 18,345,0Z0,871 9,354,760,449 9,980,759,229

10,016,257,014 10,738,128,349 5,047,249,052 5,517,497,399

7,145,110,294 ?,606,942,522 4,307,511,397 4,463,261,730

   6,110,946,563    4,308,003,492    3,708,954,374    Z,700,174,14E 

1,034,163,731 3,398,939,03I 598,557,023 1,763,087,5B6

648,085,056 1,749,701,290 372,I35,191 970,805,291

3B6,078,675 I,549,237,740 226,421,832 792,282,294

Managing Director & CEO

8

UNITED COM IERCIAL BANK PLC CASH FLOW STATEMENT

FOR THE HALF YEAR ENDED ON 30 3UNE 2025

fUNAUDtTED]

Cagh flows from operating activities

Receipts of Interest Payments of Interest Receipt of Dividend

Receipt of Fees & Commission

Recoveries from previously written off advances Paymentsto employees

Payments to suppliers

Payment for Advance Income Tax Receipt from other operating activities Payment for other activities

Operating profit before chanjges in operatinjg assets and Liabilities

Increase /Decrease in operating acsets and liabilities Statutory Oeposlt

Purchase/5ale of trading securities Loans and advances to customers Other AsseLs

Deposit from Banks Deposit from customers Other Ilabliltles

Net cash from operating activities ( A )

Cash flows from investing activities

Purchase/Sale of Securities

Purchase of Property, Plant & Equipment Cash flows from investing activities (B)

Cash ffews from financing activities Receipt from borrowing

Sub-Ordinated Bond

Cash received from issuing of Right shares Coupon payment of perpetual bond

Cash dividend payment

Net cash from financing activities { C ) Nat cash increase/decrease ( A+B+C )

Effects of the changes of exchange rate on cash and cash

equivalents*

Cash and cash equivalent at beginning of the year

Closing cash and caeh equivalent at tha and of the period

3,945,945,057

18,89B,125,363

(839,386,451)

(439,827,615}

(1,279,214,065)

(L9,296,542,72J)

{1,677,631,426)

686,103,035

     65,675,561,905  

   64,684,033,515  

9,891,293,996

8,307,166,a76

(1,030,000000) (1.304,904,OOD) (z,3349O4,OOO)

(377,561,373) 5,S94,70O,803

714,968,323

     57,363686,812  

   63,673,355,939  

Chief Financial Officer

Compan etary (Acting) Mana9lng Director & CEO

UNITED COMf'4ERCIAL BANK PLC

STATEMENT DF CHANGES IN EQUITY

FOR THE HALF YEAR ENDED ON 3b 3une z0z5

{UMAUDITED)

ChieF Financial Officer

Compan

Managing Director & CEO

10

United Commercial Bank PLC

Selective Notes to the financial statentenM

as at and for the half year ended 30 3une 2025

01. Basis of Preparation:

The half yearly financial sfctemenfs are being prepared in condensed form in accordance with the requirements of International Accounting Standard (IAS)-31 ”yntenm Fina//rta/#e,oor/i//y” and Rule t3 of time Securities and Exchange Rules 1987. International Financial Reporting Standards (IFRS) and other applicable laws and regulations from various Government bodies.

D2. Accounting policiae:

Accounting policies have been followed In preparing these financial statements are same as applied in financial statements of the Bank of preceding financial year 202a.

Bank's operating profit lfas decreased by Tk. 46 crore mainly due to the Increase of interest expenses on deposits & borrowings over tile same period of last year.

Provisions consists of provision for loans and advances, provision for changes in the value of Investment as well as provision for oP balance sheet

0Xp0SUF0.

1. Provision for taxation:

   Provision for income tax has been made on taxable income aRer neceisary add back in accordance with the groyisions of the Income Tax Act 2023, Finance Act 2024 and other relevant legislation as applicable.

2. Earnings par shara [EPS):

   Earnings per share (EPS) has been calculated in accordance with IAS 33 ”Earnings /?erS/iare”.

   3an-3un'25 3an-3un'24 Aor-Jun'2S Aor-3un'a4

   Profit altar tax:

   Profit aRer tax for the period (Bank)

   Profit after tax for the period tConsolidated) Weighted ayarage number of altaras ouzslanding:

   3s6,078,675

   180,283,601 t,550,375,89B

   1,549,237,740 226,421,832

   1,Z69,245,217 119,B13,797

   1,550,375,B98 f,550,375,888

   792,282,294

   631,632,113 t,S'i0,37S,B98

   EPS Calculations:

   Basic Earnlngs pei share (EPS) (Bank)

   Basic Earnings per share (EPS) - (Consolidated}

   D1Iutad Earninga par shara (DEP9}

   025

   0M

   1.00

   0.B2

   015

   &08

   D.5t 0.41

   No DEPS is required to be calculated for the period as there was no scope for diluLlon of share during the period.

   30-3un-25 ZO-3un-24

3. Het Msat Value Per Shara (NAVPS) Net Asset Value Per Share (NAVPS) - Banks

Net Asset value Per Share (NAVPS) - Consolidated

OB. Net Operating Cash Flow Par Share (NOCFPS)

Net Operating Cash Flow Per Share (NOCFPS) - Banks

Net Operating Cash rlow Per Share (NOCFPS) - Consolidated

09. Events altar tha reporting parlod There are no events after the reporting perf0d.

27.03

25.74

12.19

13.33

28.32

27.33

5.36

6.46

The 1st half yearly financial statements as at and for the period ended on 30 3une 2025 were approved by the Board on 28 fiuIy 2025.

Chief Financial Officer

f4anaging Director & CGO

Comp

11