Financials - Half Yearly
FINCA Microfinance Bank Limited
Balance Sheet
  As at June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
Dec 31, 2015
Assets
Cash and balances with SBP and NBP 485,605,888 356,638,478
Balances with other bank/NBFIs/MFBs 1,386,332,788 409,990,696
Lendings to financial institutions - -
Investments - net of provisions 644,993,050 1,039,196,250
Advances - net of provisions 7,190,716,464 5,418,675,734
Operating fixed assets 813,689,161 776,652,189
Other assets 461,733,863 283,848,386
Deferred tax asset 76,678,701 166,917,194
Total assets 11,059,749,915 8,451,918,927
Liabilities
Deposits and other accounts 7,442,155,014 6,057,364,103
Borrowings 450,002,015 115,000,880
Sub-ordinated debt - -
Other liabilities 1,078,107,259 346,019,502
Total liabilities 8,970,264,288 6,518,384,485
Net assets 2,089,485,627 1,933,534,442
Represented by
Share capital 6,348,887,110 6,348,887,110
Discount on issue of shares (4,089,040,293) (4,089,040,293)
Statutory reserve 68,843,467 68,843,467
Depositors protection fund 18,494,083 17,928,449
Accumulated loss (272,842,985) (431,381,215)
  2,074,341,382 1,915,237,518
Deferred grants 15,144,245 18,296,924
  2,089,485,627 1,933,534,442

FINCA Microfinance Bank Limited
Balance Sheet
  For the six months ended June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
Jun 30, 2015
Mark-up / return / interest earned 1,281,132,688 876,522,576
Mark-up / return / interest expensed (265,046,334) (251,691,028)
Net mark-up / interest income 1,016,086,354 624,831,548
Provision against non-performing loans and advances (58,302,315) (29,603,981)
Provision for diminution in value of investments - -
Bad debts written off directly (43,299,986) (5,766,484)
  (101,602,301) (35,370,465)
Net mark-up / interest income after provisions 914,484,053 589,461,083
Non mark-up / interest income
Fee, commission and brokerage income 128,576,057 134,258,120
Dividend income - -
Other income 68,492,563 16,631,833
Total non mark-up / non interest income 197,068,620 150,889,953
  1,111,552,673 740,351,036
Non mark-up / non interest expenses
Administrative expenses (843,197,734) (639,047,043)
Other charges (5,481,129) (7,120,735)
Total non mark-up / non interest expenses (848,678,863) (646,167,778)
Profit / (loss) before taxation 262,873,810 94,183,258
Taxation - current (14,097,088) (10,107,807)
             - prior years - -
             - deferred (90,238,493) (25,324,459)
  (104,335,581) (35,432,266)
Profit / (loss) after taxation 158,538,229 58,750,992
Earnings per share 0.25 0.12
Auditor(s):

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