Financials - Half Yearly
The Bank of Punjab
Consolidated Balance Sheet
  As at June 30, 2017
(Rupees in ' 000)
 
Jun 30, 2017
Dec 31, 2016
Assets
Cash and balances with treasury banks 38,684,287 35,756,024
Balances with other banks 9,997,489 3,765,867
Lendings to financial institutions 7,412,000 11,562,133
Investments - net 235,647,106 199,784,353
Advances - net 302,810,291 262,025,131
Operating fixed assets 7,943,704 7,692,675
Deferred tax assets - net 6,835,178 6,480,256
Other assets - net 18,135,331, 18,152,867
  627,465,386 545,219,306
Liabilities
Bills payable 3,755,174 4,183,480
Borrowings from financial institutions 43,430,706 39,829,134
Deposits and other accounts 528,796,790 453,219,740
Sub-ordinated loans 4,500,000 4,500,000
Liabilities against assets subjects to finance lease - -
Deferred tax liabilities - net - -
Other liabilities 17,007,574 15,627,465
  597,490,244 517,359,819
Net assets 29,975,142 27,859,487
Represented by
Share capital 15,551,132 15,551,132
Share deposit money 7,526,285 7,000,000
Discount on issue of shares (263,158) (263,158)
Reserves 1,300,673 1,300,673
Unaccumulated profit 2,943,464 663,927
  27,058,396 24,252,574
Surplus on revaluation of assets - net of tax 2,916,746 3,606,913
  29,975,142 27,859,487

The Bank of Punjab
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 16,000,785 14,601,118
Mark-up / return / interest expensed 8,841,938 8,653,527
Net mark-up / return / interest income 7,158,847 5,947,591
Provision against non-performing loans and advances - net 1,452,443 1,136,322
Provision for diminution in the value of investments - net 511 95,096
Bad debts written off directly - -
  1,452,954 1,231,418
Net mark-up / return / interest income after provisions 5,705,893 4,716,173
Non mark-up / interest income
Fee, commission and brokerage income 570,448 527,459
Dividend income 42,752 30,454
Income from dealing in foreign currencies 47,447 41,300
Gain on sale and redemption of securities - net 1,184,862 1,745,326
Unrealized gain / (loss) on revaluation of investments classified as
held for trading
(939) (618)
Other income 1,163,572 887,669
Total non mark-up / interest income 3,008,142 3,231,590
  8,714,035 7,947,763
Non mark-up / interest expenses
Administrative expenses 4,844,080 4,096,442

Provision against other assets

33,382 30,635
Reversal of provision against off balance sheet obligations - (453,394)
Other charges 42,003 29,531
Total non mark-up / interest expenses 4,919,465 3,703,214
  3,794,570 4,244,549
Extra ordinary / unusual items - -
Profit before taxation 3,794,570 4,244,549
Taxation
- Current 1,376,657 367,929
- Prior years 264,576 -
- Deferred (29,528) 1,109,707
  1,611,705 1,477,636
Profit after taxation 2,182,865 2,766,913
Earnings per share - basic and diluted - (Rupees) 1.40 1.78
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.