Financials - Half Yearly
Bank Alfalah 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 81,710,748 74,071,394
Balances with other banks 12,598,562 9,498,787
Lendings to financial institutions 40,919,746 30,149,029
Investments - net 376,378,334 389,666,922
Advances - net 409,974,757 378,724,300
Operating Fixed assets 18,128,929 18,216,937
Deferred tax assets - -
Other assets 20,202,048 19,115,471
  959,913,124 919,442,840
Liabilities
Bills payable 12,597,296 12,886,990
Borrowings 201,438,785 178,710,629
Deposits and other accounts 656,444,315 640,854,225
Sub-ordinated loans 6,654,340 8,317,670
Liabilities against assets subject to finance lease - -
Deferred tax liabilities 2,078,831 2,911,531
Other liabilities 15,905,665 14,836,925
  895,119,232 858,517,970
Net assets 64,793,892 60,924,870
Represented by
Share capital 16,075,720 15,952,076
Reserves 16,968,591 15,895,652
Unappropriated profit 21,764,522 17,777,737
Total equity attributable to the equity holders of the Bank 54,808,833 49,625,465
Non-controlling interest 367,327 323,466
Surplus on revaluation of assets - net of tax 9,617,732 10,975,939
  64,793,892 60,924,870

Bank Alfalah 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 28,048,489 29,715,038
Mark-up / return / interest expensed 13,233,902 15,058,592
Net mark-up / interest income 14,814,587 14,656,446
(Reversal) / provision against non-performing loans and advances - net (266,973) 343,575
Provision for diminution in value of investments - net 130,888 64,887
Bad debts written-off directly - -
  (136,085) 408,462
Net mark-up / interest income after provisions 14,950,672 14,247,984
Non mark-up / interest income
Fee, commission and brokerage income 3,144,725 2,539,029
Dividend income 167,272 201,506
Income from dealing in foreign currencies 743,441 613,277
Gain on sale of securities - net 1,229,708 1,225,048
Unrealised (loss) / gain on revaluation of investments classified as held for trading - net (6,978) 24,011
Share of profit from associates 318,353 205,010
Other income 278,763 337,732
Total non-mark-up / interest income 5,875,284 5,145,613
  20,825,956 19,393,597
Non mark-up / interest expenses
Administrative expenses 12,048,752 11,673,805
Provision / (reversal) against off-balance sheet obligations (13,123) (15,089)
Provision / (reversal) against other assets (16,170) (44,742)
Other charges 185,252 155,976
Total non-mark-up / interest expenses 12,204,711 11,800,128
  8,621,245 7,593,469
Extra ordinary / unusual items - -
Profit before taxation 8,621,245 7,593,469
Taxation  - current 3,194,744 2,738,646
              - deferred (148,712) (33,653)
              - prior years 584,434 563,000
  3,630,466 3,267,993
Profit after taxation 4,990,779 4,325,476
Profit attributable to:
Equity holders of the Bank 4,946,918 4,305,299
Non-controlling interest 43,861 20,177
  4,990,779 4,325,476
Basic earnings per share - (Rupees) 3.08 2.69
Auditor(s):

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