Financials - Half Yearly
Habib Metropolitan Bank Limited
Consolidated Balance Sheet
  As at June 30, 2017
(Rupees in ' 000)
 
Jun 30, 2017
Jun 30, 2016
Assets
Cash and balances with treasury banks 37,228,657 35,561,885
Balances with other banks 1,833,930 2,260,110
Lendings to financial institutions 11,074,246 16,750,886
Investments 327,950,027 314,132,874
Advances 175,025,507 142,951,166
Operating fixed assets 3,273,018 3,247,358
Deferred tax assets 2,793,711 2,452,502
Other assets 11,522,644 9,085,871
  570,701,740 526,442,652
Liabilities
Bills payable 12,886,927 8,108,633
Borrowings 49,128,926 37,205,175
Deposits and other accounts 454,631,315 430,443,867
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - -
Other liabilities 12,181,407 10,946,833
  528,828,575 486,704,508
Net assets 41,873,165 39,738,144
Represented by
Share capital 10,478,315 10,478,315
Reserves 14,516,880 13,933,875
Unappropriated profit 11,480,656 12,796,778
  36,475,851 37,208,968
Non-controlling interest 3,131,692 -
  39,607,543 37,208,968
Surplus on revaluation of assets - net of tax 2,265,622 2,529,176
  41,873,165 39,738,144

Habib Metropolitan 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 / interest earned 16,075,011 16,731,241
Mark-up / return / interest expensed (9,099,920) (10,822,940)
Net mark-up / interest income 6,975,091 5,908,301
Provision against non-performing loans and advances - net 645,437 971,345
Provision for diminution in the value of investments - net 81,143 31,906
Bad debts written off directly - -
  (726,580) (1,003,251)
Net mark-up / interest income after provisions 6,248,511 4,905,050
Non mark-up / interest income
Fee, commission and brokerage income 1,711,880 1,551,025
Dividend income 351,321 43,133
Income from dealing in foreign currencies - net 378,963 555,175
Gain on sale / redemption of securities - net 764,142 1,903,805
Unrealized gain / (loss) on revaluation of investment classified as 'held for trading' - -
Other income 142,827 186,993
Total non-markup / interest income 3,349,133 4,240,131
  9,597,644 9,145,181
Non mark-up / interest expenses
Administrative expenses 5,195,936 4,612,893
Other provisions / write-offs 102,515 (172,048)
Other charges 101,745 130,999
Total non-mark-up / interest expenses (5,400,196) (4,571,844)
  4,197,448 4,573,337
Extra ordinary / unusual items - -
Profit before taxation 4,197,448 4,573,337
Taxation - current 1,652,816 1,912,527
             - prior years 423,084 581,308
             - deferred (201,112) (303,686)
  (1,874,788) (2,190,149)
Profit after taxation 2,322,660 2,383,188
Profit attributable to
Equity share holders of the holding company 2,287,241 2,383,188
Non controlling interest 35,419 -
  2,322,660 2,383,188
Basic and diluted earnings per share (Rupees) 2.18 2.27
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.