Financials - Half Yearly
Dubai Islamic Bank Pakistan Limited
Balance Sheet
  As at June 30, 2017
(Rupees in ' 000)
 
Jun 30, 2017
 
Dec 31, 2016
(Restated)
Assets
Cash and balances with treasury banks 19,484,057 14,159,277
Balances with other banks 1,212,782 543,363
Due from financial institutions 1,153,812 12,536,061
Investments 37,047,514 27,211,659
Islamic financings and related assets 108,241,354 93,910,902
Operating fixed assets 1,776,245 1,870,060
Deferred tax assets - -
Other assets 3,377,992 1,902,077
  172,293,756 152,133,399
Liabilities
Bills payable 3,386,387 2,218,979
Due to financial institutions 3,822,469 5,670,091
Deposits and other accounts 146,819,276 129,264,513
Sub-ordinated loans - -
Deferred tax liabilities 48,330 16,784
Other liabilities 4,048,379 2,855,697
  158,124,841 140,026,064
Net assets 14,168,915 12,107,335
Represented by
Share capital 11,652,288 10,225,567
Reserves 533,235 404,694
Unappropriated profit 1,927,039 1,416,263
  14,112,562 12,046,524
Surplus on revaluation of assets - net of deferred tax 56,353 60,811
  14,168,915 12,107,335

Dubai Islamic Bank Pakistan Limited
Profit and Loss Account
  For the six months ended June 30, 2017
(Rupees in ' 000)
 
Jun 30, 2017
Jun 30, 2016
Profit / return earned 5,006,955 4,803,876
Profit / return expensed (1,903,578) (2,261,733)
Net spread earned 3,103,377 2,542,143
Reversal of provision / (provision) against non-performing islamic financing and related assets - net (54,402) (12,933)
Provision for diminution in the value of investments - -
Bad debts written off directly - -
  (54,402) (12,933)
Net spread earned after provisions 3,048,975 2,529,210
Other income
Fee, commission and brokerage income 849,332 762,863
Dividend income - -
Income from dealing in foreign currencies 17,405 11,043
Gain on sale of securities 19,883 27,136
Other income 96 40,938
Total other income 886,716 841,980
  3,935,691 3,371,190
Other expenses
Administrative expenses (2,830,577) (2,623,092)
Other provisions / write-offs - -
Other charges (22,102) (15,226)
Total other expenses (2,852,679) (2,638,318)
  1,083,012 732,872
Extraordinary / unusual items - -
Profit before taxation 1,083,012 732,872
Taxation - Current (345,107) (254,398)
             - Prior years (61,255) (27,412)
             - Deferred (33,947) (2,757)
  (440,309) (284,567)
Profit after taxation 642,703 448,305
Basic / Diluted earnings per share - Rupee 0.58 0.64
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.