Financials - Half Yearly
Advans Pakistan Microfinance Bank Limited
Balance Sheet
 

As at June 30, 2017

(Rupees in ' 000)
 

Jun 30, 2017

Dec 31, 2016

Assets

Cash and balances with State Bank of Pakistan and National Bank of Pakistan

187,331,991

12,248,428

Balances with other banks and microfinance banks

134,833,529

307,172,795

Lendings to financial institutions

-

-

Investments

-

59,116,980

Advances - net of provisions

558,617,440

207,597,516

Operating fixed assets

56,399,355

57,375,012

Other assets

45,071,333

27,479,642

Deferred tax assets

20,847,220

13,464,946

Total assets 1,003,100,868 684,455,319

Liabilities

Deposits and other accounts

301,625,765

21,469,277

Borrowings

-

-

Subordinated debt

-

-

Other liabilities

71,315,771

47,811,510

Deferred tax liabilities

-

-

Total liabilities

372,941,536

69,280,787

Net assets

630,159,332

615,174,532

Represented by

Share capital

1,290,163,100

974,000,000

Reserves

-

-

Accumulated loss

(665,620,870)

(536,243,091)

  624,542,230 437,756,909

Advance against issue of share capital

-

166,163,100

Surplus (deficit) on revaluation of assets

-

-

Deferred grant

5,617,102

11,254,523

  630,159,332 615,174,532

 
Advans Pakistan Microfinance Bank Limited
Profit and Loss Account
 

For the six months ended June 30, 2017

(Rupees in ' 000)
 

Jun 30, 2017

Jun 30, 2016

Mark-up / return / interest earned 146,175,258 79,111,910
Mark-up / return / interest expensed (7,908,965) (830,070)
Net mark-up / interest income 138,266,293 78,281,840
Provision against non-performing advances - net 11,319,320 12,771,873
Provision for diminution in the value of investments - -
Bad debts written off - -
  11,319,320

12,771,873

Net mark-up/ return / interest income after provisions 126,946,973

65,509,967

Non mark-up / non interest income

Fee, commission and brokerage income 26,579,351

15,098,537

Dividend income -

-

Other income 14,775,838

8,543,217

Total non-mark-up / non-interest income 41,355,189 23,641,754
  168,302,162 89,151,721
Non mark-up / non interest expenses
Administrative expenses 295,896,494

243,716,179

Other provision / write offs -

-

Other operating expenses 6,892,058 2,897,527
Other charges -

-

Total non-markup / non interest expenses 302,788,552 246,613,706
Loss before taxation (134,486,390) (157,461,985)

Taxation - current

2,273,663

972,198

             - prior - -
             - deferred (7,382,274)

47,452,702

  (5,108,611)

48,424,900

Loss after taxation (129,377,779) (205,886,885)
Accumulated loss brought forward (536,243,091)

(330,356,206)

  (665,620,870) (536,243,091)
Appropriations
Transfer to:    
Statutory reserve -

-

Capital reserve -

-

Depositors' protection fund -

-

Revenue reserve -

-

Proposed cash dividend -

-

Accumulated loss carried forward (665,620,870) (536,243,091)
Loss per share - basic and diluted (Rupee) (1.15)

(2.32)

Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.