Financials - Half Yearly
Citibank N.A., Pakistan
Balance Sheet
 

As at June 30, 2016

(Rupees in ' 000)
 

Jun 30, 2016

Dec 31, 2015

Assets

Cash and balances with treasury banks

3,896,481

4,809,308

Balances with other banks

466,420

704,912

Lendings to financial institutions

13,245,252

8,464,057

Investments - net

46,841,523

48,585,117

Advances - net

23,908,278

21,389,597

Fixed assets

470,866

458,331

Deferred tax assets - net

8,841

201,088

Other assets

3,739,880

4,031,075

 

92,577,541

88,643,485

Liabilities

Bills payable

1,692,757

1,766,257

Borrowings from financial institutions

7,582,834

7,003,479

Deposits and other accounts

67,622,207

61,742,683

Sub-ordinated loans

-

-

Liabilities against assets subject to finance lease

-

-

Deferred tax liabilities

-

-

Other liabilities

6,583,045

7,364,498

 

83,480,843

77,876,917

Net assets

9,096,698

10,766,568

Represented by

Head office capital account

6,812,671

6,812,671

Reserves

164,791

164,791

Unremitted profit

1,755,972

3,602,788

  8,733,434 10,580,250

Surplus on revaluation of assets - net of tax

363,264

186,318

  9,096,698 10,766,568

 
Citibank N.A., Pakistan
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 2,915,227 3,349,647
Mark-up / return / interest expensed 1,314,260 1,209,411
Net mark-up / return / interest income 1,600,967 2,140,236
Reversal of provision against loans and advances - net (41,922) (118,972)
Bad debts written off directly - -
Reversal of provision against off-balance sheet obligations - net - -
  (41,922) (118,972)
Net mark-up / interest income after provisions 1,642,889 2,259,208

Non mark-up / interest income

Fee, commission and brokerage income 584,178 215,380
Income from dealing in foreign currencies 555,462 603,941
Gain on sale of securities 1,120,064 1,930,022
Unrealized gain / (loss) on revaluation of investments classified as held-for-trading 80,358 (360,717)
Other income / (loss) 77,886 298,510
Total non-markup / interest income - net 2,417,948 2,687,136
  4,060,837 4,946,344
Non mark-up / interest expenses
Administrative expenses 946,024 762,557
Reversal against appreciation / diminution in the value of -
non-banking assets - net
- (792)
Operating fixed assets written off -

-

Other charges 77,302

82,279

Total non-markup / interest expenses - net 1,023,326 844,044
Profit before taxation 3,037,511 4,102,300
Taxation - current

1,015,638

1,292,576

             - prior years 160,000 80,000
             - deferred 100,094 112,444
  1,275,732 1,485,020
Profit after taxation 1,761,779 2,617,280
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.