Financials - Half Yearly
Pakistan Mortgage Refinance Company Limited
Statement of Financial Position
  As at June 30, 2017
(Rupees in ' 000)
 
Jun 30, 2017
Dec 31, 2016
Assets
Non Current Assets
Property and equipment 1,876,384 1,240,009
Long term deposits 3,186,480 -
Deferred tax assets - net 200,278 -
  5,263,142 1,240,009
Current Assets
Advances, deposits and prepayments 22,114,374 11,114,627
Accrued income 8,357,919 46,214,588
Bank balances 1,288,068,096 1,265,597,422
  1,318,540,389 1,322,926,637
Total assets 1,323,803,531 1,324,166,646
Equity And Liabilities
Share capital and reserves
Authorised capital
1,000,000,000 ordinary share of Rs. 10 each (31 December 2016: 1,000,000,000 ordinary share of Rs. 10 each) 10,000,000,000 10,000,000,000
Issued, subscribed and paid-up capital 150,001,000 1,000
Unappropriated profit 6,632,084 4,262,138
  156,633,084 4,263,138
Amount available for issue of shares - 150,000,000
Total equity 156,633,084 154,263,138
Non Current liabilities
Deferred tax liability - net - 26,665
Current liabilities
Advance against share capital 1,159,905,000 1,159,905,000
Accrued expenses and other payables 7,265,447 9,971,843
  1,167,170,447 1,169,876,843
Total equity and liabilities 1,323,803,531 1,324,166,646

Pakistan Mortgage Refinance Company Limited
Profit and Loss Account
  For the six months ended June 30, 2016
(Rupees in ' 000)
 
Jun 30, 2016
Jun 30, 2015
Mark-up / interest income 35,325,034 -
Administrative expenses (31,747,066) (803,200)
Other operating expenses (193,561) -
Profit / (loss) before taxation 3,384,407 (803,200)
Taxation:    
 - Current (1,241,404) (2,971)
 - Deferred 226,943 -
  (1,014,461) (2,971)
Profit / (loss) after taxation 2,369,946 (806,171)
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.