Financials - Half Yearly
Pak Brunei Investment Company 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 71,224 322,011
Balances with other banks 1,794,793 2,333,055
Lendings to financial institutions 650,000 498,065
Investments - net 10,149,724 15,673,268
Advances - net 16,932,830 14,527,306
Operating fixed assets 23,798 26,384
Deferred tax assets - net 42,054 101,224
Other assets 686,850 1,087,910
  30,351,273 34,569,222
Liabilities
Bills payable - -
Borrowings from financial institutions 18,130,848 20,492,898
Deposits and other accounts 1,013,382 2,913,487
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net - -
Other liabilities 623,182 619,458
  19,767,412 24,025,843
Net assets 10,583,861 10,543,379
Represented by
Share capital 6,000,000 6,000,000
Reserves 1,352,390 1,279,652
Unappropriated profit 3,300,975 3,323,666
  10,653,365 10,603,318
Non controlling interest 2,164 2,121
Deficit on revaluation of assets - net of deferred tax (71,668) (62,060)
  10,583,861 10,543,379

Pak Brunei Investment Company Limited
Consolidated Profit and Loss Account
  For the six month ended June 30, 2017
(Rupees in ' 000)
 
Jun 30, 2017
Jun 30, 2016
Mark-up / return / interest earned 831,976 874,201
Mark-up / return / interest expensed 528,964 554,513
Net mark-up / interest income 303,012 319,688
Provision against non-performing loans and advances - net 28,718 47,050
Provision for diminution in the value of investments 13,460 28,587
Bad debts written off directly - -
  42,178 75,637
Net mark-up / interest income after provisions 260,834 244,051
Non mark-up / interest income
Fee, commission and brokerage income 92,012 121,888
Dividend income 11,817 17,874
Income from dealing in foreign currencies - 440,629
Gain on sale / redemption of securities - net 251,629 -
Unrealised (loss) / gain on revaluation of investments classified as held for trading securities 83 (130)
Other income 547 1,243
Total non mark-up / interest income 356,088 581,504
  616,922 825,555
Non mark-up / interest expenses
Administrative expenses 193,931 238,669
Other provisions / write offs 90 -
Other charges - -
Total non mark-up / interest expenses 194,021 238,669
  422,901 586,886
Share of profit of associates 92,620 264,639
Profit before taxation from continuing operations 515,521 851,525
Taxation - current 73,090 249,226
             - prior years 38,923 36,885
             - deferred 56,023 (29,976)
  168,036 256,135
Profit after taxation for the period from continuing operations 347,485 595,390
Discontinued operations - -
Profit after taxation for the period from continuing operations 2,667 -
  350,152 595,390
Attributable to:
Non-controling interest 110 82
Equity shareholders of the company 350,042 595,308
Earning per share - basic and diluted 0.58 0.99
Auditor(s):

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