Financials - Half Yearly
U Microfinance Bank Limited
Balance Sheet
  As at June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
Dec 31, 2015
Assets
Cash and balances with SBP and NBP 321,648,754 136,676,155
Balances with other Banks/ NBFIs/ MFBs 1,878,836,278 555,408,074
Investments 344,483,650 180,482,925
Advances - net of provisions 3,159,599,014 912,901,433
Operating fixed assets 258,164,618 222,412,762
Other assets 380,653,604 165,016,473
Deferred tax asset 87,452,803 98,024,114
Total assets 6,430,838,721 2,270,921,936
Liabilities
Deposits 4,069,029,553 1,065,315,613
Borrowings 500,000,000 -
Other liabilities 765,230,352 157,550,566
Total liabilities 5,334,259,905 1,222,866,179
Net assets 1,096,578,816 1,048,055,757
Represented by
Share capital 1,285,714,290 1,285,714,290
Discount on issue of share capital (25,714,290) (25,714,290)
Accumulated loss (174,682,902) (214,997,521)
Share capital 1,085,317,098 1,045,002,479
Statutory and other reserve 4,049,326 4,049,326
Surplus / (deficit) on revaluation of AFS investments 7,212,392 (996,048)
Total capital & reserves 1,096,578,816 1,048,055,757

U 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 312,579,000 107,381,724
Mark-up / return / interest expensed (110,063,148) (24,282,708)
Net mark-up / interest income 202,515,852 83,099,016
Provision against non-performing advances (21,716,643) (1,303,968)
Net mark-up / interest income after provisions 180,799,209 81,795,048
Non mark-up / non interest income
Fee, commission and brokerage income 195,033,669 115,843,626
Other income 759,009 461,234
Total non mark-up / non interest income 195,792,678 116,304,860
  376,591,887 198,099,908
Non mark-up / non interest expenses
Administrative expenses 318,139,483 227,912,139
Profit / (loss) before taxation & wwf 58,452,404 (29,812,231)
Workers welfare fund 1,363,466 -
Profit / (loss) before taxation 57,088,938 (29,812,231)
Taxation - Current (9,720,912) (2,232,253)
             - Deferred (7,053,407) (620,590)
  (16,774,319) (2,852,843)
Profit / (loss) after taxation 40,314,619 (32,665,074)
Accumulated loss brought forward (174,682,902) (220,189,679)
Appropriations:
Transfer to:    
Statutory reserve - -
Depositors' protection fund - -
Accumulated loss carried forward (134,368,283) (252,854,753)
Profit / (loss) per share 0.31 (0.27)
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.