Financials - Half Yearly
U Microfinance Bank Limited
Balance Sheet
  As at June 30, 2017
(Rupees in ' 000)
 
Jun 30, 2017
Dec 31, 2016
Assets
Cash and balances with SBP and NBP 737,056,794 470,734,405
Balances with other Banks/ NBFIs/ MFBs 3,169,522,444 2,391,207,419
Investments 1,145,056,559 1,130,131,255
Advances - net of provisions 8,378,256,240 5,528,421,228
Operating fixed assets 336,350,790 303,027,259
Other assets 1,047,569,786 683,128,491
Deferred tax asset 62,495,839 85,066,133
Total assets 14,876,308,452 10,591,716,190
Liabilities
Deposits 10,143,843,680 8,109,923,603
Borrowings 2,399,999,652 1,000,000,000
Subordinated debt 600,000,000 -
Other liabilities 500,006,567 359,326,176
Total liabilities 13,643,849,899 9,469,249,779
Net assets 1,232,458,553 1,122,466,411
Represented by
Share capital 1,285,714,290 1,285,714,290
Discount on issue of share capital (25,714,290) (25,714,290)
Accumulated loss (49,644,406) (160,733,099)
Share capital 1,210,355,594 1,099,266,901
Statutory and other reserve 22,137,467 22,137,467
(Deficit) / surplus on revaluation of AFS investments (34,508) 1,062,043
Total capital & reserves 1,232,458,553 1,122,466,411

U Microfinance Bank 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 1,095,558,833 312,579,000
Mark-up / return / interest expensed (474,314,584) (110,063,148)
Net mark-up / interest income 621,244,249 202,515,852
Provision against non-performing advances (40,944,353) (21,716,643)
Net mark-up / interest income after provisions 580,299,896 180,799,209
Non mark-up / non interest income
Fee, commission and brokerage income 219,303,042 195,033,669
Gain on sale of AFS investments 4,736,459 -
Other income 791,519 759,009
Total non mark-up / non interest income 224,831,020 195,792,678
  805,130,916 376,591,887
Non mark-up / non interest expenses
Administrative expenses 640,626,788 318,139,483
Profit before taxation & wwf 164,504,128 58,452,404
Workers welfare fund 3,290,083 1,363,466
Profit before taxation 161,214,045 57,088,938
Taxation - Current (27,085,106) (9,720,912)
             - Deferred (23,040,246) (7,053,407)
  (50,125,352) (16,774,319)
Profit after taxation 111,088,693 40,314,619
Profit per share 0.86 0.31
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.