ended March 31, 2010 (000s omitted) INCOME Interest Earned 70,993,91,75 Other Income 14,968,15,27 Total 85,962,07,02 EXPENDITURE Interest Expended 47,322,47,80 Operating Expenses 20,318,68,00 Provisions and Contingencies 91,54,85,92 Total 76,796,01,72 PROFIT Net Profi t for the Year 9,166,05,30 Profi t brought forward 33,93 Total 9,166,39,23 APPROPRIATIONS Transfer to Statutory Reserves 6,381,08,85 Transfer to Capital Reserve 114,05,47 Transfer to Revenue Reserve and Other Reserves 529,50,65 Dividend: Interim Dividend 634,88,02 Final Dividend proposed 1,269,76,77 Tax on Dividend 236,75,74 Balance carried over to Balance Sheet 33,93 Total 9,166,39,23 PRINCIPAL ACCOUNTING POLICIES NOTES TO ACCOUNTS 8.3 CAMELS Framework ‘CAMELS’ is a framework for composite evaluation of banks (and financial intermediaries, in general). The acronym stands for: • Capital Adequacy This is a measure of financial strength, in particular its ability to cushion operational and abnormal losses. It is calculated based on the asset structure of the bank, and the risk weights that have been assigned by the regulater for each asset class.