Financials - Half Yearly
BankIslami Pakistan 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 12,294,731 8,921,433
Balances with other banks 1,914,424 1,324,167
Due from financial institutions - net 19,211,971 27,218,665
Investments - net 42,739,442 46,643,174
Islamic financing and related assets and Advances (net) 97,600,894 77,667,276
Operating fixed assets 9,351,967 9,412,129
Deferred tax asset - net 5,958,501 5,820,956
Other assets - net 4,836,704 4,985,840
  193,908,634 181,993,640
Liabilities
Bills payable 2,402,734 2,273,934
Due to financial institutions 9,055,010 6,066,307
Deposits and other accounts 163,312,382 153,826,348
Sub-ordinated loans - -
Deferred tax liabilities - -
Other liabilities 6,145,709 6,760,717
  180,915,835 168,927,306
Net assets 12,992,799 13,066,334
Represented by
Share capital 10,079,121 10,079,121
Discount on Issue of shares (79,042) (79,042)
Reserves 613,636 613,636
Unappropriated Profit 547,276 518,942
Total equity attributable to equity holders of the bank 11,160,991 11,132,657
Non-controlling interest 209,198 192,350
  11,370,188 11,325,006
Surplus on revaluation of assets - net of tax 1,622,610 1,741,327
  12,992,799 13,066,334

BankIslami Pakistan Limited
Consolidated Profit and Loss Account
  For the six months ended June 30, 2017
(Rupees in ' 000)
 
Jun 30, 2017
Jun 30, 2016
Profit / return earned 5,050,432 4933989
Profit / return expensed 2,578,927 2,847,375
Net spread earned 2,471,505 2,086,614
Reversal of provision against non-performing Islamic financing and related assets and advances - net (89,376) (926,148)
Reversal of provision for diminution in the value of investments and placements - net 97,479 (232,344)
Bad debts written off directly - 523
  8,103 (1,157,969)
Net spread after provisions 2,463,402 3,244,583
Other Income
Fee, commission and brokerage income 321,438 216,458
Dividend income 389 -
Income from dealing in foreign currencies 30,855 25,963
Gain on sale of securities 46,532 36,996
Unrealised (loss) / gain on revaluation of investments classified as "held for trading" 1,054 -
Other income 30,860 55,998
Total other income 431,128 335,415
  2,894,530 3,579,998
Other expenses
Administrative expenses 3,099,531 2,931,881
Other (reversals) / charges - net (131,652) 68
Other charges 21,623 12,659
Total other expenses 2,989,502 2,944,608
  (94,972) 635,390
Profit / (loss) for the period from BIPL securities limited - net of tax 73,693 (34,162)
Share of profit from associates 44,993 95,957
Profit before taxation 23,714 697,185
Taxation
- Current 68,713 52,921
- Prior years 74 (20)
- Deferred (84,929) 223,627
  (16,142) 276,528
Profit after taxation 39,856 420,657
Attribute to:
Equity shareholders of the bank 23,008 429,050
Non - controlling interest 16,848 (8,393)
  39,856 420,657
Basic (loss) / earnings per share 0.0228 0.6394
Diluated (loss) / earnings per share 0.0228 0.6394
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.