Financials - Half Yearly
Habib Bank Limited
Consolidated Balance Sheet
  As at June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
Dec 31, 2015
Assets
Cash and balances with treasury banks 153,121,095 167,250,988
Balances with other banks 50,512,415 40,469,761
Lendings to financial institutions 14,647,851 18,381,633
Investments 1,385,689,987 1,270,823,786
Advances 659,099,145 637,383,858
Operating fixed assets 35,414,377 31,341,509
Deferred tax asset - -
Other assets 59,405,720 52,771,250
  2,357,890,590 2,218,422,785
Liabilities
Bills payable 37,011,893 28,081,548
Borrowings 293,027,452 314,319,099
Deposits and other accounts 1,770,613,580 1,634,944,470
Sub-ordinated loans 10,000,000 10,000,000
Liabilities against assets subject to finance lease - -
Deferred tax liability 8,756,871 5,671,128
Other liabilities 42,917,009 42,786,489
  2,162,326,805 2,035,802,734
Net assets 195,563,785 182,620,051
Represented by
Shareholders' equity 
Share capital 14,668,525 14,668,525
Reserves 47,990,996 47,188,150
Unappropriated profit 100,606,928 96,495,448
Total equity attributable to the equity holders of the bank 163,266,449 158,352,123
Non-controlling interest 3,447,415 1,692,344
Surplus on revaluation of assets - net of deferred tax 28,849,921 22,575,584
  195,563,785 182,620,051

Habib Bank Limited
Consolidated Profit and Loss Account
  For the six months ended June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
Jun 30, 2015
Mark-up / return / profit / interest earned 70,709,613 71,602,974
Mark-up / return / profit / interest expensed 29,286,249 32,679,504
Net mark-up / profit / interest income 41,423,364 38,923,470
Provision against advances 1,209,751 1,481,963
(Reversal) / (provision) against off-balance sheet obligations (20,210) 43,830
Provision / (reversal) for diminution in the value of investments 264,664 108,673
Bad debts written off directly - -
  1,454,205 1,634,466
Net mark-up / profit / interest income after provisions 39,969,159 37,289,004
Non mark-up / interest income
Fee, commission and brokerage income 9,271,095 8,079,817
Dividend income 630,509 914,986
Share of profit of associates and joint venture 1,474,884 1,529,155
Income from dealing in foreign currencies 736,779 1,195,511
Gain on sale of securities - net 1,817,015 5,347,190
Unrealized gain / (loss) on held-for-trading securities 30,359 (2,358)
Other income 370,842 325,360
Total non-markup / interest income 14,331,483 17,389,661
  54,300,642 54,678,665
Not mark-up / interest expense
Administrative expenses 25,388,188 23,056,773
Other provisions / write offs - net 58,125 236,175
Other charges 487 30,445
Workers welfare fund 555,691 607,875
Total non mark-up / interest expenses 26,002,491 23,931,268
Profit before taxation 28,298,151 30,747,397
Taxation
current 9,790,863 10,121,271
prior 2,318,915 2,010,000
deferred 217,053 2,878,789
  12,326,831 15,010,060
Profit after taxation 15,971,320 15,737,337
Attributable to:
Equity holder of the bank 15,924,016 15,723,969
Non-controlling interest 47,304 13,368
  15,971,320 15,737,337
Basic and diluted earnings per share 10.86 10.72
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.