Financials - Half Yearly
Dubai Islamic Bank Pakistan Limited
Balance Sheet
  As at June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
 
Dec 31, 2015
(Restated)
Assets
Cash and balances with treasury banks 13,843,928 14,183,630
Balances with other banks 645,404 3,869,403
Due from financial institutions 5,731,837 6,418,697
Investments 32,890,491 23,822,256
Islamic financings and related assets 96,060,840 104,953,637
Operating fixed assets 1,856,942 1,842,705
Deferred tax assets - -
Other assets 2,461,860 2,002,857
  153,491,302 157,093,185
Liabilities
Bills payable 2,627,271 1,552,219
Due to financial institutions 7,883,983 4,551,920
Deposits and other accounts 128,229,127 136,743,457
Sub-ordinated loans 3,249,866 3,246,971
Liabilities against assets subject to finance lease - -
Deferred tax liabilities 114,246 54,040
Other liabilities 2,856,141 2,968,911
  144,960,634 149,117,518
Net assets 8,530,668 7,975,667
Represented by
Share capital 6,976,030 6,976,030
Reserves 323,247 233,586
Advance against future issue of share capital 18 18
Unappropriated profit 1,111,779 753,135
  8,411,074 7,962,769
Surplus on revaluation of assets - net of deferred tax 119,594 12,898
  8,530,668 7,975,667

Dubai Islamic Bank Pakistan Limited
Profit and Loss Account
  For the six months ended June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
Jun 30, 2015
Profit / return earned 4,803,876 4,343,117
Profit / return expensed 2,261,733 1,977,491
Net spread earned 2,542,143 2,365,626
(Provision) / reversal against non-performing islamic financing and related assets - net (12,933) (59,189)
Provision for diminution in the value of investments - -
Bad debts written off directly - -
  (12,933) (59,189)
Net spread earned after provisions 2,529,210 2,306,437
Other income
Fee, commission and brokerage income 762,863 538,551
Dividend income - -
Income / (loss) from dealing in foreign currencies 11,043 (39,189)
Gain on sale of securities 27,136 6,563
Unrealised loss on revaluation of investments classified as held for trading - (3,346)
Other income 40,938 125
Total other income 841,980 502,704
  3,371,190 2,809,141
Other expenses
Administrative expenses 2,623,092 2,391,611
Other provisions / write-offs - -
Other charges 15,226 9,016
Total other expenses 2,638,318 2,400,627
  732,872 408,514
Extraordinary / unusual items - -
Profit before taxation 732,872 408,514
Taxation - Current (254,398) (89,606)
             - Prior years (27,412) (28,564)
             - Deferred (2,757) (53,613)
  (284,567) (171,783)
Profit after taxation 448,305 236,731
Basic / Diluted earnings per share - Rupee 0.64 0.34
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.