Financials - Half Yearly
Askari Bank Limited
Consolidated Balance Sheet
  As at June 30, 2017
(Rupees in ' 000)
 
Jun 30, 2017
Dec 31, 2016
Assets
Cash and balances with treasury banks 47,661,566 42,568,141
Balances with other banks 4,600,044 5,845,748
Lendings to financial institutions 520,265 6,836,584
Investments 282,304,139 295,846,254
Advances 261,653,263 235,163,922
Operating fixed assets 10,800,566 11,019,555
Other assets 22,091,699 21,596,324
  629,631,542 618,876,528
Assets attributable to discontinued operations 336,778 796,570
  629,968,320 619,673,098
Liabilities
Bills payable 10,887,316 8,579,809
Borrowings 42,941,526 89,261,788
Deposits and other accounts 525,944,802 472,803,094
Sub-ordinated loans 4,993,800 4,994,800
Liabilities against assets subject to finance lease - -
Deferred tax liabilities 1,228,646 526,430
Other liabilities 10,206,175 10,386,352
  596,202,265 586,552,273
Liabilities associated with discontinued operations 138,273 267,254
  596,340,538 586,819,527
Net assets 33,627,782 32,853,571
Represented by
Share capital 12,602,602 12,602,602
Reserves 11,663,089 8,855,953
Unappropriated profit / (loss) 2,191,548 4,090,445
  26,457,239 25,549,000
Non-controlling interest 46,125 37,908
  26,503,364 25,586,908
Surplus on revaluation of assets - net of tax
Continued operations 7,099,284 7,219,456
Discontinued Operations 25,134 47,207
  33,627,782 32,853,571

Askari Bank Limited
 Consolidated 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 17,641,247 17,226,974
Mark-up / return / interest expensed 9,806,247 10,036,973
Net mark-up / interest income 7,835,000 7,190,001
Reversal of provision against non-performing loans and advances - net (1,069,513) (523,999)
Impairment loss on available for sale investments 30,047 5,340
(Reversal of Provision) / Provision for diminution in the value of investments - net (23,020) 93,432
Bad debts written off directly - -
  (1,062,486) (425,227)
Net mark-up / interest income after provisions 8,897,486 7,615,228
Non mark-up / interest income
Fee, commission and brokerage income 1,119,187 1,292,340
Dividend income 170,585 195,759
Income from dealing in foreign currencies 404,048 381,206
Gain on sale of securities - net 1,510,631 2,021,825
Unrealised gain on revaluation of investments classified as held for trading - net - -
Other income 271,681 204,112
Total non-markup / interest income 3,476,132 4,095,242
  12,373,618 11,710,470
Non mark-up / interest expenses
Administrative expenses 7,404,438 6,573,751
Other provisions / write offs - -
Other charges 100,490 145,219
Total non-markup / interest expenses 7,504,928 6,718,970
  4,868,690 4,991,500
Extra ordinary / unusual items - -
Profit before taxation 4,868,690 4,991,500
Taxation - current 946,439 910,824
             - prior years 243,344 266,425
             - deferred 815,170 850,972
  2,004,953 2,028,221
Profit after taxation - continued operations 2,863,737 2,963,279
Profit after taxation - discontinued operations 31,148 21,119
  2,894,885 2,984,398
Attribute to:
Equity holders of the bank 2,886,668 2,982,049
Non - controlling interest 8,217 2,349
  2,894,885 2,984,398
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.