Financials - Half Yearly
Standard Chartered Bank (Pakistan) Limited
Balance Sheet
  As at June 30, 2017
(Rupees in ' 000)
 
Jun 30, 2017
Dec 31, 2016
Assets
Cash and balances with treasury banks 35,292,790 40,729,979
Balances with other banks 4,011,195 5,699,791
Lendings to financial institutions 13,888,536 19,798,390
Investments 247,420,545 245,850,227
Advances 143,063,960 113,950,767
Operating fixed assets 5,753,056 5,773,296
Intangible assets 26,095,766 26,095,890
Other assets 15,190,861 15,433,378
  490,716,709 473,331,718
Liabilities
Bills payable 1,1726,226 1,0821,793
Borrowings 16,219,034 14,400,841
Deposits and other accounts 381,407,671 365,562,094
Sub-ordinated loans 2,500,000 2,500,000
deferred tax liabilities - net 1,658,432 1,754,807
Other liabilities 1,6354,682 17,009,890
  429,866,045 412,049,425
Net assets 6,0850,664 61,282,293
Represented by
Share capital 38,715,850 38,715,850
Reserves 13,775,632 12,770,562
Unappropriated profit 4,574,427 5,385,558
  57,065,909 56,871,970
Surplus on revaluation of assets - net of deferred tax 3,784,755 4,410,323
  60,850,664 61,282,293

Standard Chartered Bank (Pakistan) Limited
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 13,578,120 15,088,097
Mark-up / return / interest expensed (4,656,049) (4,427,681)
Net mark-up / return / interest income 8,922,071 10,660,416
Reversals / (provision) against non-performing loans and advances 487,917 39,024
Recovery of amounts written off 109,663 113,652
Provision for diminution in the value of investments - -
Bad debts written off directly (73,863) (86,968)
  523,717 65,708
Net mark-up / return / interest income after provisions 9,445,788 10,726,124
Non mark-up / non interest income
Fee, commission and brokerage income 2,390,486 1,731,414
Dividend Income 875 -
Income from dealing in foreign currencies 1,233,985 717,136
Gain on sale of securities - net 368,920 1,353,145
Unrealized gain / (loss) on revaluation of investments classified as held for trading 31,043 (3,034)
Other income 425,521 504,212
Total non mark-up / non interest income 4,450,830 4,302,873
  13,896,618 15,028,997
Non mark-up / non interest expenses
Administrative expenses (5,154,342) (5,805,965)
Other reversals / (provisions) / (asset write-offs) 792 (26,727)
Other charges (172,125) (223,837)
Total non mark-up / non interest expenses (5,325,675) (6,056,529)
  8,570,943 8,972,468
Extra-ordinary / unusual items - -
Profit before taxation 8,570,943 8,972,468
Taxation - current (2,649,204) (2,913,393)
             - prior years' (660,266) (522,991)
             - deferred (236,124) (241,225)
  (3,545,594) (3,677,609)
Profit after taxation 5,025,349 5,294,859
Basic / diluted earnings per share 1.3 1.37
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.