Financials - Half Yearly
The Bank of Punjab
Consolidated Balance Sheet
  As at June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
Dec 31, 2015
Assets
Cash and balances with treasury banks 32,833,931 26,190,481
Balances with other banks 6,021,689 4,512,033
Lendings to financial institutions 4,550,738 6,113,262
Investments - net 167,531,789 176,079,793
Advances - net 246,479,495 219,356,020
Operating fixed assets 6,579,177 6,484,312
Deferred tax assets - net 6,359,264 7,905,981
Other assets - net 19,195,122 25,641,447
  489,551,205 472,283,329
Liabilities
Bills payable 3,858,222 1,887,432
Borrowings 11,538,482 55,236,429
Deposits and other accounts 429,982,641 374,960,986
Sub-ordinated loans 2,000,000 2,000,000
Liabilities against assets subjects to finance lease - -
Deferred tax liabilities - net - -
Other liabilities 15,915,593 15,520,719
  463,294,938 449,605,566
Net assets 26,256,267 22,677,763
Represented by
Share capital 15,551,132 15,551,132
Discount on issue of shares (263,158) (263,158)
Share deposit money 7,000,000 7,000,000
Reserves 329,001 2,329,001
Accumulated loss (426,621) (5,220,853)
  22,190,354 19,396,122
Surplus on revaluation of assets - net of tax 4,065,913 3,281,641
  26,256,267 22,677,763

The Bank of Punjab
Consolidated Profit and Loss Account
  For the six months ended June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
Jun 30, 2015
Mark-up / return / interest earned 14,601,118 16,215,207
Mark-up / return / interest expensed 8,653,527 10,789,673
Net mark-up / return / interest income 5,947,591 5,425,534
Provision against non-performing loans and advances - net 1,136,322 1,946,818
Provision / (reversal of provision) for diminution in the value of investments - net 95,096 12,614
  1,231,418 1,959,432
Net mark-up / return / interest income after provisions 4,716,173 3,466,102
Non mark-up / interest income
Fee, commission and brokerage income 527,459 519,885
Dividend income 30,454 28,238
Income from dealing in foreign currencies 41,300 63,419
Gain on sale and redemption of securities - net 1,745,326 2,720,661
Unrealized gain / (loss) on revaluation of investments classified as
held for trading
(618) (14,898)
Other income 887,669 980,565
Total non mark-up / interest income 3,231,590 4,297,870
  7,947,763 7,763,972
Non mark-up / interest expenses
Administrative expenses 4,096,442 3,520,284

Provision against other assets

30,635 8,671
(Reversal of provision) / provision against off balance sheet obligations (453,394) 32,274
Other charges 29,531 19,652
Total non mark-up / interest expenses 3,703,214 3,580,881
  4,244,549 4,183,091
Extra ordinary / unusual items - -
Profit before taxation 4,244,549 4,183,091
Taxation
- Current 367,929 205,148
- Prior years - -
- Deferred 1,109,707 1,244,322
  1,477,636 1,449,470
Profit after taxation 2,766,913 2,733,621
Earnings per share - basic and diluted - (Rupees) 1.78 1.76
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.