Financials - Half Yearly
Sindh 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 10,496,207 7,502,624
Balances with other banks 1,117,404 1,191,478
Lendings to financial institutions 855,158 6,938,610
Investments - net 86,652,106 70,889,737
Advances - net 62,440,087 51,901,838
Operating fixed assets 1,685,013 1,832,883
Deferred tax assets 1,106,903 1,190,077
Others assets 4,641,463 4,758,407
  168,994,341 146,205,654
Liabilities
Bills payable 988,884 714,212
Borrowings 20,476,379 8,910,738
Deposits and other accounts 128,895,722 118,843,374
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net - -
Other liabilities 2,105,943 2,178,767
  152,466,928 130,647,091
Net assets 16,527,413 15,558,563
Represented by
Share capital 10,010,130 10,010,130
Reserves 1,360,252 1,207,731
Unappropriated profit 4,814,725 4,206,670
  16,185,107 15,424,531
Surplus on revaluation of investments - net of related deferred tax 342,306 134,032
  16,527,413 15,558,563

Sindh 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 5,346,177 4,938,451
Mark-up / return / interest expensed 2,816,586 2,833,628
Net mark-up / profit / interest income 2,529,591 2,104,823
Provision against non-performing loans and advances 69,940 92,289
Provision against advances - general - 1,000,000
Provision against consumer & small enterprise advance 1,440 235
Provision for diminution in the value of investments - -
Bad debts written of directly 90 -
  71,470 1,092,524
Net mark-up / profit /interest income after provisions 2,458,121 1,012,299
Non mark-up / interest income
Fee, commission and brokerage income 250,087 201,891
Dividend income 84,136 62,801
Income from dealing in foreign currencies 44,930 30,009
Gain on sale / redemption of securities 699,129 1,829,358
Unrealized gain on revaluation of investments classified as held - for - trading - -
Other income 7,756 2,479
Total non mark-up / interest income 1,086,038 2,126,538
  3,544,159 3,138,837
Non mark-up / interest expense
Administrative expenses 2,131,161 1,913,680
Other charges 68 23
Total non mark-up / interest expenses 2,131,229 1,913,703
  1,412,930 1,225,134
Extraordinary / unusual items - -
Profit before taxation 1,412,930 1,225,134
Taxation - current 520,992 796,636
             - prior year 160,336 184,845
             - deferred      (28,974) (367,786)
  652,354 613,695
Profit after taxation 760,576 611,439
Basic and diluted earnings per share (rupees) 0.76 0.61
Auditor(s):

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