Financials - Half Yearly
MCB 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 100,496,079 75,732,185
Balances with other banks 10,408,801 7,201,459
Lendings to financial institutions 2,800,827 2,809,752
Investments - net 752,156,965 556,770,384
Advances - net 414,820,425 364,333,516
Operating fixed assets 36,878,559 35,225,865
Deferred tax assets - net - -
Other assets - net 38,906,799 34,617,075
  1,356,468,455 1,076,690,236
Liabilities
Bills payable 12,951,467 13,291,328
Borrowings 238,739,275 77,438,993
Deposits and other accounts 914,248,381 795,689,546
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net 11,364,433 12,889,649
Other liabilities 31,586,651 31,420,650
  1,208,890,207 930,730,166
Net assets 147,578,248 145,960,070
Represented by
Share capital 11,130,307 11,130,307
Reserves 54,804,831 53,512,633
Un-appropriated profit 58,170,116 55,509,013
Total equity attributable to equity holders of the bank 124,105,254 120,151,953
Non controlling interest 513,447 509,331
  124,618,701 120,661,284
Surplus on revaluation of assets - net of tax 22,959,547 25,298,786
  147,578,248 145,960,070

MCB 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 19,199,005 36,915,119
Mark-up / return / interest expensed 8,646,190 16,382,096
Net mark-up / interest income 10,552,815 20,533,023
Provision / (reversal) against loans and advances - net (1,185,509) (1,940,509)
Provision / (reversal) for diminution in the value of investments - net 710,117 587,107
Bad debts written off directly - 14
  (475,392) (1,353,388)
Net mark-up / interest income after provisions 11,028,207 21,886,411
Non mark-up / interest income
Fee, commission and brokerage income 2,597,709 4,953,644
Dividend income 304,757 614,852
Income from dealing in foreign currencies 421,828 719,374
Gain on sale of securities - net 1,159,465 3,246,977
Unrealized gain / (loss) on revaluation of investments classified
as held for trading
(18,937) (42,620)
Other income 206,643 328,182
Total non-markup / interest income 4,671,465 9,820,409
  15,699,672 31,706,820
Non mark-up / interest expenses
Administrative expenses 6,780,478 13,400,981
Other provisions - net 547,845 559,987
Other charges 204,915 422,328
Total non-markup / interest expenses 7,533,238 14,383,296
  8,166,434 17,323,524
share of profit of associate 161,336 355,202
Extraordinary / unusual item - -
Profit before taxation 8,327,770 17,678,726
Taxation - current period 2,849,052 6,209,140
             - prior years (2,175,828) (2,175,828)
             - deferred (85,471) (33,217)
Share of tax associates 58,206 67,128
  645,959 4,067,223
Profit after taxation 7,681,811 13,611,503
Profit attributable to Non-controlling interest (23,951) (56,268)
Profit attributable to ordinary shareholders 7,657,860 13,555,235
Earnings per share - basic and diluted 6.88 12.18
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.