Financials - Half Yearly
Faysal Bank Limited
Balance Sheet
  As at June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
Dec 31, 2015
Assets
Cash and balances with treasury banks 27,186,191 26,084,007
Balances with other banks 1,243,785 1,068,451
Lendings to financial institutions 396,981 250,000
Investments 205,645,877 195,515,642
Advances 195,295,168 181,089,804
Operating fixed assets 10,657,695 11,342,980
Deferred tax assets - net 3,034,106 3,087,325
Other assets 12,409,515 11,634,651
  455,869,318 430,072,860
Liabilities
Bills payable 6,868,891 6,009,238
Borrowings 90,843,226 90,565,242
Deposits and other accounts 315,082,596 292,130,258
Sub-ordinated loans 2,245,500 2,994,000
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net - -
Other liabilities 8,570,517 8,021,649
  423,610,730 399,720,387
Net assets 32,258,588 30,352,473
Represented by
Share capital 11,997,601 11,997,601
Reserves 6,360,328 6,422,761
Unappropriated profit 9,318,770 7,638,330
  27,676,699 26,058,692
Surplus on revaluation of assets - net of tax 4,581,889 4,293,781
  32,258,588 30,352,473
     

Faysal Bank Limited
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 13,280,605 16,536,332
Mark-up / return / interest expensed 7,219,267 9,315,434
Net mark-up / interest Income 6,061,338 7,220,898
Provision against non-performing loans and advances - net 503,268 780,993
Provision / (reversal) for consumer and small enterprise loans - general 1,220 (3,960)
(Reversal) / provision against off balance sheet obligations (4,086) -
(Reversal) / provision for diminution in the value of investments - net (8,865) 258,714
Recoveries against written-off debts - net (50,664) (51,878)
  440,873 983,869
Net mark-up /  interest income after provisions 5,620,465 6,237,029
Non mark-up / interest income
Fee, commission and brokerage income 1,342,271 1,202,774
Dividend income 180,366 205,409
Income from dealing in foreign currencies 522,203 471,403
Gain on sale of securities - net 2,110,773 1,667,991
Unrealised gain / (loss) on revaluation of investments classified as held for trading - net 6,192 (100,107)
Other income 155,452 176,560
Total non mark-up / interest income 4,317,257 3,624,030
  9,937,722 9,861,059
Non mark-up / interest expenses
Administrative expenses 5,466,770 5,402,401
Other provisions / (reversals) - net 10,020 (12.839)
Other charges 86,870 105,869
Total non mark-up / interest expenses 5,563,660 5,495,431
  4,374,062 4,365,628
Share of (loss) / profit of associate (9,797) (2,527)
Extraordinary / unusual items - -
Profit before taxation 4,364,265 4,363,101
Taxation  - current 1,597,875 1,743,874
              - prior years (393,128) 264,797
              - deferred 341,402 (213,470)
  1,546,149 1,795,201
Profit after taxation 2,818,116 2,567,900
Basic earnings per share 2.35 2.14
Auditor(s):

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