Financials - Half Yearly
Standard Chartered Bank (Pakistan) Limited
Balance Sheet
  As at June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
Dec 31, 2015
Assets
Cash and balances with treasury banks 25,395,996 29,482,134
Balances with other banks 3,118,648 4,300,002
Lendings to financial institutions 15,730,711 20,450,620
Investments 239,408,377 231,837,351
Advances 123,775,628 108,853,436
Operating fixed assets 5,830,410 5,963,952
Intangible assets 26,104,739 26,126,720
Other assets 18,101,876 20,333,576
  457,466,385 447,347,791
Liabilities
Bills payable 15,807,205 11,401,191
Borrowings 14,213,350 21,784,451
Deposits and other accounts 346,094,927 327,237,527
Sub-ordinated loans 2,500,000 2,500,000
deferred tax liabilities - net 2,450,549 3,221,120
Other liabilities 15,873,570 19,253,047
  396,939,601 385,397,336
Net assets 60,526,784 61,950,455
Represented by
Share capital 38,715,850 38,715,850
Reserves 11,905,977 10,847,005
Unappropriated profit 4,852,197 5,453,310
  55,474,024 55,016,165
Surplus on revaluation of assets - net of deferred tax 5,052,760 6,934,290
  60,526,784 61,950,455

Standard Chartered Bank (Pakistan) 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 15,088,097 16,738,740
Mark-up / return / interest expensed (4,427,681) (5,639,743)
Net mark-up / return / interest income 10,660,416 11,098,997

(Provision) / reversal against non-performing loans and advances

39,024 (655,542)
Recovery of amounts written off 113,652 127,407
Provision for diminution in the value of investments - (4,729)
Bad debts written off directly (86,968) (83,503)
  65,708 (616,367)
Net mark-up / return / interest income after provisions 10,726,124 10,482,630
Non mark-up / non interest income
Fee, commission and brokerage income 1,731,414 2,202,129
Income from dealing in foreign currencies 717,136 1,248,066
Gain on sale of securities - net 1,353,145 622,411
Unrealized (loss) / gain on revaluation of investments classified as held for trading (3,034) 10,131
Other income 504,212 274,715
Total non mark-up / non interest income 4,302,873 4,357,452
  15,028,997 14,840,082
Non mark-up / non interest expenses
Administrative expenses (5,805,965) (6,172,479)
Other reversals / (provisions) / (asset write-offs) (26,727) -
Other charges (223,837) (204,420)
Total non mark-up / non interest expenses (6,056,529) (6,376,899)
  8,972,468 8,463,183
Extra-ordinary / unusual items - -
Profit before taxation 8,972,468 8,463,183
Taxation - current (2,913,393) (2,535,637)
             - prior years' (522,991) (504,583)
             - deferred (241,225) (437,642)
  (3,677,609) (3,477,862)
Profit after taxation 5,294,859 4,985,321
Basic / diluted earnings per share 1.37 1.29
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.