Financials - Half Yearly
Tameer Microfinance Bank Limited
 Balance Sheet
  As at June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
Dec 31, 2015
Assets
Cash and balances with State Bank of Pakistan and National Bank of Pakistan 2,233,406 1,588,338
Balances with other banks 3,108,209 1,118,190
Lendings to financial institutions 3,023,734 346,702
Investments 4,863,061 3,784,189
Advances- net of provisions 13,687,529 12,125,628
Operating fixed assets 702,462 645,474
Other assets 1,661,961 1,433,577
Deferred tax asset - net - 16,025
  29,280,362 21,058,123
Liabilities
Deposits and other accounts 22,672,448 15,678,541
Borrowings 33,509 85,474
Subordinated debt - -
Other liabilities 2,414,351 1,604,825
Deferred tax liabilities - net 1,486 -
  25,121,794 17,368,840
Net assets 4,158,568 3,689,283
Represented by
Share capital 1,346,939 1,346,939
Reserves 1,176,516 1,050,952
Unappropriated profit 1,622,774 1,260,896
  4,146,229 3,658,787
Deficit on revaluation of assets - net of deferred tax (338) (836)
Deferred grants 12,677 31,332
  4,158,568 3,689,283

Tameer Microfinance 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 2,005,802 1,619,429
Mark-up / return / interest expensed (329,612) (346,177)
Net mark-up / return / interest income 1,676,190 1,273,252
Provision against non-performing loans and advances (25,997) (20,558)
Provision for diminution in the value of investments - -
Bad debts written off directly (13,688) (20,437)
  (39,685) (40,995)
Net mark-up / return / interest income after provisions 1,636,505 1,232,257
Non mark-up / Non interest income
Fee, commission and brokerage income 738,285 697,768
Dividend income - -
Other income 69,044 74,584
Total non mark-up / non-interest income 807,329 772,352
  2,443,834 2,004,609
Non mark-up / Non interest expenses
Administrative expenses (1,675,592) (1,390,670)
Other provisions / write-offs - (624)
Other charges (15,365) (12,922)
Total non-mark-up / non-interest expenses (1,690,957) (1,404,216)
  752,877 600,393
Extra ordinary / unusual items - -
Profit before taxation 752,877 600,393
Taxation - current (220,834) (195,370)
             - prior years (38,813) (28,920)
             - deferred (13,832) 6,767
  (273,479) (217,523)
Profit after taxation 479,398 382,870
Basic and diluted earnings per share - Rupees 3.56 2.84
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.