Financials - Half Yearly
Citibank N.A., Pakistan
Balance Sheet
 

As at June 30, 2017

(Rupees in ' 000)
 

Jun 30, 2017

Dec 31, 2016

Assets

Cash and balances with treasury banks

7,633,826

5,480,867

Balances with other banks

890,795

1,542,895

Lendings to financial institutions

34,209,461

13,325,003

Investments - net

68,572,351

66,676,243

Advances - net

21,743,361

21,421,510

Fixed assets

587,069

579,296

Deferred tax assets - net

112,589

133,999

Other assets

2,369,133

2,890,571

 

136,118,585

112,050,384

Liabilities

Bills payable

1,843,930

2,524,303

Borrowings from financial institutions

16,802,370

18,394,904

Deposits and other accounts

95,272,974

75,076,382

Sub-ordinated loans

-

-

Liabilities against assets subject to finance lease

-

-

Deferred tax liabilities

-

-

Other liabilities

11,020,288

5,834,617

 

124,939,562

101,830,206

Net assets

11,179,023

10,220,178

Represented by

Head office capital account

6,812,671

6,812,671

Reserves

168,704

168,704

Unremitted profit

4,190,172

3,174,345

 

11,171,547

10,155,720

Surplus on revaluation of assets - net of deferred tax

7,476

64,458

 

11,179,023

10,220,178


 
Citibank N.A., Pakistan
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 2,926,526 2,793,227
Mark-up / return / interest expensed 1,480,335 1,314,260
Net mark-up / return / interest income 1,446,191 1,478,967
Reversal of provision against loans and advances - net (26,354) (41,922)
Bad debts written off directly - -
Reversal of provision against off-balance sheet obligations - net - -
  (26,354) (41,922)
Net mark-up / interest income after provisions 1,472,545 1,520,889

Non mark-up / interest income

Fee, commission and brokerage income 347,877 584,178
Income from dealing in foreign currencies 997,700 555,462
Gain / (Loss) on sale of securities 92,816 1,120,064
Unrealized gain on revaluation of investments classified as 'held-for-trading' 1,192 80,358
Other income 59,851 199,886
Total non-markup / interest income - net 1,499,436 2,539,948
  2,971,981 4,060,837
Non mark-up / interest expenses
Administrative expenses 1,047,012 946,024
Reversal against appreciation / diminution in the value of -
non-banking assets - net
- -
Operating fixed assets written off -

-

Other charges 29,827

77,302

Total non-markup / interest expenses - net 1,076,839 1,023,326
Profit before taxation 1,895,142 3,037,511

Taxation - current

633,403

1,015,638

             - prior years 190,482 160,000
             - deferred 53,260 100,094
  877,145 1,275,732
Profit after taxation 1,017,997 1,761,779
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.