Financials - Half Yearly
MCB 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 74,090,398 61,265,859
Balances with other banks 8,344,971 10,058,662
Lendings to financial institutions 1,313,591 2,867,744
Investments - net 599,793,628 566,564,304
Advances - net 358,640,681 316,771,355
Operating fixed assets 31,954,930 31,536,887
Deferred tax assets - net - -
Other assets - net 36,339,302 31,915,210
  1,110,477,501 1,020,980,021
Liabilities
Bills payable 11,823,107 11,975,237
Borrowings 143,715,912 118,615,031
Deposits and other accounts 768,194,915 706,239,715
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net 13,340,311 12,482,287
Other liabilities 27,587,972 29,491,131
  964,662,217 878,803,401
Net assets 145,815,284 142,176,620
Represented by
Share capital 11,130,307 11,130,307
Reserves 52,545,123 51,491,384
Un-appropriated profit 53,538,357 52,631,368
  117,213,787 115,253,059
Non controlling interest 528,523 512,076
  117,742,310 115,765,135
Surplus on revaluation of assets - net of tax 28,072,974 26,411,485
  145,815,284 142,176,620

MCB 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 / interest earned 37,304,232 41,582,598
Mark-up / return / interest expensed 13,274,512 16,606,758
Net mark-up / interest income 24,029,720 24,975,840
Provision / (reversal) against loans and advances - net (568,834) (739,525)
Provision / (reversal) for diminution in the value of investments - net 4,479 (16.461)
Bad debts written off directly 18 67
  (564,337) (755,919)
Net mark-up / interest income after provisions 24,594,057 25,731,759
Non mark-up / interest income
Fee, commission and brokerage income 4,206,793 4,399,406
Dividend income 564,702 411,924
Income from dealing in foreign currencies 505,623 352,987
Gain on sale of securities - net 681,683 2,812,472
Unrealized gain / (loss) on revaluation of investments classified
as held for trading
1,151 (134)
Other income 300,533 1,083,736
Total non-markup / interest income 6,260,485 9,060,391
  30,854,542 34,792,150
Non mark-up / interest expenses
Administrative expenses 11,355,914 10,777,580
Other provisions / (reversal) - net 31,841 3,925
Other charges 438,271 503,052
Total non-markup / interest expenses 11,826,026 11,284,557
  19,028,516 23,507,593
share of profit of associate 506,659 501,761
Extraordinary / unusual item - -
Profit before taxation 19,535,175 24,009,354
Taxation - current period 6,774,917 8,252,682
             - prior years 1,693,330 1,906,156
             - deferred (28,370) 442,665
Share of tax associates 87,544 39,125
  8,527,421 10,640,628
Profit after taxation 11,007,754 13,368,726
Profit attributable to Non-controlling interest (61,024) (64,763)
Profit attributable to ordinary shareholders 10,946,730 13,303,963
Earnings per share - basic and diluted 9.84 11.95
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.