Financials - Half Yearly
Pak-Libya Holding Company (Pvt.) Limited
Balance Sheet
  As at June 30, 2016  
 
Jun 30, 2016
Dec 31, 2015
Assets
Cash and balances with treasury banks 125,208 65,712
Balances with other banks 16,972 30,481
Lendings to financial institutions 250,000 320,000
Investments 12,881,753 10,922,328
Advances 3,092,515 3,238,411
Other assets 1,641,785 433,724
Operating fixed assets 88,854 69,960
Deferred tax assets - net 99,428 193,663
  18,196,515 15,274,279
Liabilities
Bills payable - -
Borrowings from financial institutions 11,639,740 9,441,099
Deposits and other accounts 1,391,666 1,737,389
Sub-ordinated loans - -
Liabilities against assets subject to finance leases - -
Deferred tax liabilities - -
Other liabilities 230,122 201,048
  13,261,528 11,379,536
Net assets 4,934,987 3,894,743
Represented by
Share capital 6,141,780 6,141,780
Reserves 330,877 143,860
Accumulated losses (1,663,629) (2,411,691)
  4,809,028 3,873,949
Surplus on revaluation of assets - net of tax 125,959 20,794
  4,934,987 3,894,743

Pak-Libya Holding Company (Pvt.) Limited
Profit and Loss Account
  For the six months ended June 30, 2016  
 
Jun 30, 2016
Jun 30, 2015
Mark-up / return / interest earned 612,706 699,574
Mark-up / return / interest expensed 456,792 515,858
Net mark-up / interest income 155,914 183,716
(reversal) / provision against non-performing advances - net (1,057,554) 14,471
Reversal for diminution in the value of investments - net (55,530) (35,415)
Reversal of provision against lendings to financial institutions - (11,500)
Bad debts written off directly - -
  (1,113,084) (32,444)
Net mark-up / interest / income after provisions 1,268,998 216,160
Non mark-up / interest income
Fee, commission and brokerage income 9,058 7,289
Dividend income 31,454 15,955
Gain from trading in securities - net 54,885 260,728
Income from dealing in foreign currencies - -
Unrealised gain / (loss) on revaluation of investments classified as held-for-trading (223) 272
Other income 2,694 3,278
Total non mark-up / interest income 97,868 287,522
  1,366,866 503,682
Non mark-up / interest expenses
Administrative expenses 206,106 192,322
Other provision / write off 116,000 (6,907)
Other charges 14,629 20,833
Total non mark-up / interest expenses 336,735 206,248
  1,030,131 297,434
Extra ordinary / unusual items - -
Profit before taxation 1,030,131 297,434
Taxation - current 48,949 87,596
             - prior period - -
             - deferred 46,103 14,445
  95,052 102,041
Profit after taxation 935,079 195,393
Basic and diluted earnings per share (Rupees) 1,522.49 318.14
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.