Financials - Half Yearly
FINCA Microfinance Bank Limited
Balance Sheet
  As at June 30, 2017
(Rupees in ' 000)
 
Jun 30, 2017
Dec 31, 2016
Assets
Cash and balances with SBP and NBP 887,363,465 809,674,643
Balances with other bank/NBFIs/MFBs 1,745,826,756 1,248,484,930
Lendings to financial institutions - -
Investments - net of provisions 3,665,879,774 1,885,328,850
Advances - net of provisions 11,886,686,151 10,082,263,974
Operating fixed assets 958,118,586 920,847,250
Other assets 1,288,873,078 664,957,569
Deferred tax asset 14,579,520 6,407,692
Total assets 20,447,327,330 15,617,964,908
Liabilities
Deposits and other accounts 15,215,703,323 11,069,655,852
Borrowings 1,079,485,392 1,350,001,756
Sub-ordinated debt - -
Other liabilities 1,252,750,765 765,754,271
Total liabilities 17,547,939,480 13,185,411,879
Net assets 2,899,387,850 2,432,553,029
Represented by
Share capital 6,348,887,110 6,348,887,110
Discount on issue of shares (4,089,040,293) (4,089,040,293)
Statutory reserve 1,95,022,579 1,95,022,579
Depositors protection fund 52,110,517 50,596,128
Accumulated loss 382,042,217 (85,514,244)
  2,889,022,130 2,419,951,280
Deferred grants 10,365,720 12,601,749
  2,899,387,850 2,432,553,029

FINCA Microfinance Bank Limited
Balance Sheet
  For the six months ended June 30, 2017
(Rupees in ' 000)
 
Jun 30, 2017
Jun 30, 2016
Mark-up / return / interest earned 2.200.141.593 1,281,132,688
Mark-up / return / interest expensed (529,752,515) (265,046,334)
Net mark-up / interest income 1,670,389,078 1,016,086,354
Provision against non-performing loans and advances (122,183,426) (58,302,315)
Provision for diminution in value of investments - -
Bad debts written off directly (18,876,633) (43,299,986)
  (141,060,059) (101,602,301)
Net mark-up / interest income after provisions 1,529,329,019 914,484,053
Non mark-up / interest income
Fee, commission and brokerage income 261,737,450 128,576,057
Dividend income - -
Other income 35,500,268 68,492,563
Total non mark-up / non interest income 297,237,718 197,068,620
  1,826,566,737 1,111,552,673
Non mark-up / non interest expenses
Administrative expenses (1,094,945,785) (843,197,734)
Other charges (10,946,970) (5,481,129)
Total non mark-up / non interest expenses (1,105,892,755) (848,678,863)
Profit / (loss) before taxation 720,673,982 262,873,810
Taxation - current (261,289,349) (14,097,088)
             - prior years - -
             - deferred 8,171,828 (90,238,493)
  (253,117,521) (104,335,581)
Profit / (loss) after taxation 467,556,461 158,538,229
Earnings per share 0.74 0.25
Auditor(s):

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