Financials - Half Yearly
Habib Bank 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 214,448,349 238,438,283
Balances with other banks 54,864,896 45,959,095
Lendings to financial institutions 50,637,113 34,047,931
Investments 1,422,299,429 1,344,404,771
Advances 831,007,193 748,466,297
Operating fixed assets 49,688,385 36,087,509
Deferred tax asset - -
Other assets 70,131,791 59,778,445
  2,693,077,156 2,507,182,331
Liabilities
Bills payable 29,689,951 31,195,900
Borrowings 388,002,406 332,822,846
Deposits and other accounts 2,002,572,023 1,885,959,026
Sub-ordinated loans 9,996,000 9,998,000
Liabilities against assets subject to finance lease - -
Deferred tax liability 5,214,231 6,090,983
Other liabilities 57,938,640 44,846,706
  2,493,413,251 2,310,913,461
Net assets 199,663,905 196,268,870
Represented by
Shareholders' equity 
Share capital 14,668,525 14,668,525
Reserves 49,773,729 47,958,414
Unappropriated profit 110,177,304 106,142,374
Total equity attributable to the equity holders of the bank 174,619,558 168,769,313
Non-controlling interest 3,230,465 3,435,710
Surplus on revaluation of assets - net of deferred tax 21,813,882 24,063,847
  199,663,905 196,268,870

Habib Bank Limited
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 / profit / interest earned 72,302,748 70,709,613
Mark-up / return / profit / interest expensed 30,901,318 29,286,249
Net mark-up / return / profit / interest income 41,401,430 41,423,364
Provision against advances 564,059 1,209,751
Reversal against off-balance sheet obligations (50,233) (20,210)
Provision for diminution in the value of investments 647,522 264,664
Bad debts written off directly - -
  1,161,348 1,454,205
Net mark-up / return / profit / interest income after provisions 40,240,082 39,969,159
Non mark-up / interest income
Fee, commission and brokerage income 10,201,162 9,271,095
Dividend income 685,752 630,509
Share of profit of associates and joint venture 1,902,826 1,474,884
Income from dealing in foreign currencies 1,315,735 736,779
Gain on sale of securities - net 1,904,872 1,817,015
Unrealized (loss) / gain on held-for-trading securities (23,641) 30,359
Other income 447,022 370,842
Total non-markup / interest income 16,433,728 14,331,483
  56,673,810 54,300,642
Not mark-up / interest expense
Administrative expenses 28,353,537 25,388,188
Other provisions / write offs - net 66,299 58,125
Other charges 507 487
Workers welfare fund 536,291 555,691
Total non mark-up / interest expenses 28,956,634 26,002,491
Profit before taxation 27,717,176 28,298,151
Taxation
current 10,242,626 9,790,863
prior 2,072,385 2,318,915
deferred (274,955) 217,053
  12,040,056 12,326,831
Profit after taxation 15,677,120 15,971,320
Attributable to:
Equity holder of the bank 15,494,600 15,924,016
Non-controlling interest 182,520 47,304
  15,677,120 15,971,320
Basic and diluted earnings per share 10.56 10.86
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.