Financials - Half Yearly
First Women 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 1,243,898 1,066,852
Balances with other banks 98,538 170,453
Lendings to financial institutions 198,442 -
Investments 8,902,472 11,067,137
Advances 8,739,486 7,970,275
Operating fixed assets 305,524 337,357
Deferred tax asset - net 343,986 263,579
Other assets - net 395,543 470,969
  20,227,889 21,346,622
Liabilities
Bills payable (253,576) (103,166)
Borrowings from financial institutions (650,662) (2,832,357)
Deposits and other accounts (15,547,311) (15,163,440)
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liability - -
Other liabilities (325,189) (414,495)
  (16,776,738) (18,513,458)
Net assets 3,451,151 2,833,164
Represented by
Share capital 3,494,113 2,894,113
Statutory reserve 312,348 294,768

Accumulated loss

(471,216)

(489,622)

  3,335,245 2,699,259
Surplus on revaluation of assets 115,906 133,905
  3,451,151 2,833,164

First Women 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 613,692 832,934
Mark-up / return / interest expensed (301,906) (436,516)
Net mark-up / interest income 311,786 396,418
Reversal against non-performing loans and advances - net 3,331 34,262
Reversal against diminution in the value of investments - 52
Bad debts written off directly - -
  3,331 34,314
Net mark-up / interest income after provisions 315,117 430,732
Non mark-up / interest income
Fee, commission and brokerage income 25,432 17,731
Dividend income 4,240 15,222
Income / (Loss) from dealing in foreign currencies - net 8,490 (1,424)
Gain on sale / redemption of securities - net 49,979 298,896
Unrealized loss on revaluation of investments classified as held for trading (1,686) -
Other income - net 16,714 13,314
Total non mark-up / interest income 103,169 343,739
  418,286 774,471
Non mark-up / interest expenses
Administrative expenses (423,608) (406,275)
Other provisions / write offs (4,011) (47)
Other charges (SBP penalty) (21,867) (7,357)
Total non-mark-up / interest expenses (449,486) (413,679)
Extra ordinary / unusual item - -
(Loss) / profit before taxation (31,200) 360,792
Taxation - current (7,101) (11,874)
             - deferred 72,777 (60,052)
  65,676 (71,926)
Profit after taxation 34,476 288,866
Basic and diluted earnings per share 0.10 1.16
Auditor(s):

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