Financials - Half Yearly
Apna MicroFinance Bank Limited
Balance Sheet
  As at June 30, 2018  
 
Jun 30, 2018
Dec 31, 2017
Assets
Cash and balance with SBP and NBP 1,850,203,375 1,202,269,848
Balances with other banks/NBFIs/MFBs 2,507,094,499 4,048,778,510
Lendings to financial institutions - -
Investments - net of provisions 731,265,386 658,482,895
Advances - net of provisions 7,447,467,498 4,797,740,650
Operating fixed assets 882,995,801 881,490,545
Other assets 2,008,616,880 1,888,585,767
Deferred tax asset 505,334,958 506,242,009
Total assets 15,932,978,397 13,983,590,224
Liabilities
Deposits and other accounts 14,526,096,217 12,528,727,169
Borrowings 10,854,779 202,285,246
Subordinated debt - -
Other liabilities 344,167,415 232,164,806
Deferred tax liabilities - -
Total liabilities 14,881,118,411 12,963,177,221
Net assets 1,051,859,986 1,020,413,003
Represented by
Share capital 2,500,000,000 2,500,000,000
Discount on issue of shares (950,000,000) (950,000,000)
Share deposit money 500,008,080 500,008,080
Statutory reserve 1,279,583 1,279,583
Depositors' protection fund 319,896 319,896
Unappropriated profit/(loss) (1,004,150,410) (1,036,520,157)
  1,047,457,149 1,015,087,402
Surplus / (deficit) on revaluation of assets (3,279,516) (3,279,516)
Deferred grants 7,682,353 8,605,117
Total capital 1,051,859,986 1,020,413,003

Apna MicroFinance Bank Limited
Profit and Loss Account
  For the six months ended June 30, 2018
 
 
Jun 30, 2018
Jun 30, 2017
Mark-up / return / interest earned 938,841,705 820,391,433
Mark-up / return / interest expensed (357,156,255) (402,180,054)
Net mark-up / interest income 581,685,450 418,211,379
Provision against non-performing loans and advances (20,619,014) (192,091,166)
Provision for diminution in the value of investments - -

Recovery against bad debts written off

207,716 204,739
Bad debts written off directly - -
  (20,411,298) (191,886,427)
Net mark-up / interest income / (loss) after provisions 561,274,152 226,324,952
Non mark-up / non interest income
Fee, commission and brokerage income 98,664,953 13,294,481
Dividend income - -
Other income 149,600,947 13,553,551
Total non mark-up / non interest income 248,265,900 26,848,032
  809,540,052 253,172,984
Non mark-up / non interest expenses
Administrative expenses (763,294,421) (637,221,289)
Other provisions / write offs / adjustment - -
Other charges - -
Total non mark-up / non interest expenses (763,294,421) (637,221,289)
  46,245,631 (384,048,305)
Extra ordinary / unusual items - -
Profit / (loss) before taxation 46,245,631 (384,048,305)
Taxation   - current (12,968,833) (10,421,074)
                - prior years - -
                - deferred (907,051) 144,447,083
  (13,875,884) 134,026,009
Profit / (loss) after taxation 32,369,747 (250,022,296)
Unappropriated profit / (loss) bought forward (1,036,520,157) (957,009,250)
Profit available for appropriation / (loss) (1,004,150,410) (1,207,031,546)
Appropriations:
Transfer to:
Statutory reserve - -
Capital reserve - -
Contribution to MSDF / DPF / RMF - -
Revenue reserve - -
Proposed cash dividend Rs. Nil per share (2017: Rs. Nil per share) - -
Others - -
  - -
Unappropriated profit / (loss) carried forward (1,004,150,410) (1,207,031,546)
Earnings / (loss) per share - basic & diluted 0.01 (1.14)
Auditor(s):

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