Financials - Half Yearly
Askari Bank Limited
Consolidated Balance Sheet
  As at June 30, 2018
(Rupees in ' 000)
 
Jun 30, 2018
 
Dec 31, 2017
(Restated)
Assets
Cash and balances with treasury banks 51,028,948 44,239,325
Balances with other banks 3,531,820 3,193,835
Lendings to financial institutions 4,481,150 2,250,000
Investments 299,756,194 314,956,748
Advances 312,450,963 258,693,086
Operating fixed assets 10,492,975 10,728,827
Deferred tax assets 1,902,573 100,755
Other assets 21,891,102 22,465,073
  705,535,725 656,627,649
Assets attributable to discontinued operations 290,773 327,949
  705,826,498 656,955,598
Liabilities
Bills payable 12,470,060 10,769,262
Borrowings 66,178,142 71,587,311
Deposits and other accounts 573,185,342 525,805,051
Sub-ordinated loans 9,449,400 4,992,800
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - -
Other liabilities 10,612,213 11,115,197
  671,945,157 624,269,621
Liabilities associated with discontinued operations 110,107 140,741
  672,055,264 624,410,362
Net assets 33,771,234 32,545,236
Represented by
Share capital 12,602,602 12,602,602
Reserves 15,316,709 12,032,263
Unappropriated profit 2,136,952 2,703,887
  30,056,263 27,338,752
Non-controlling interest 43,400 44,353
  30,099,663 27,383,105
Surplus on revaluation of assets - net of tax
Continued operations 3,655,942 5,142,254
Discontinued Operations 15,629 19,877
  33,771,234 32,545,236

Askari Bank Limited
 Consolidated Profit and Loss Account
  For the six months ended June 30, 2018
(Rupees in ' 000)
 
Jun 30, 2018
Jun 30, 2017
Mark-up / return / interest earned 19,120,494 17,641,247
Mark-up / return / interest expensed 10,187,990 9,806,247
Net mark-up / interest income 8,932,504 7,835,000
Reversal of provision against non-performing loans and advances - net (481,831) (1,069,513)
Impairment loss on available for sale investments - 30,047
Provision / (reversal of Provision) for diminution in the value of investments - net 163,065 (23,020)
Bad debts written off directly - -
  (318,766) (1,062,486)
Net mark-up / interest income after provisions 9,251,270 8,897,486
Non mark-up / interest income
Fee, commission and brokerage income 1,471,360 1,214,059
Dividend income 114,718 170,585
Income from dealing in foreign currencies 943,945 404,048
Gain on sale of securities - net 134,477 1,510,631
Unrealised gain / (loss) on revaluation of investments classified as held for trading - net - -
Other income 263,312 176,809
Total non-markup / interest income 2,927,812 3,476,132
  12,179,082 12,373,618
Non mark-up / interest expenses
Administrative expenses 7,703,608 7,404,438
Other provisions / write offs - -
Other charges 87,620 100,490
Total non-markup / interest expenses 7,791,228 7,504,928
  4,387,854 4,868,690
Extraordinary / unusual items - -
Profit before taxation 4,387,854 4,868,690
Taxation - current 1,233,947 946,439
             - prior years 1,700,489 243,344
             - deferred (1,068,201) 815,170
  1,866,235 2,004,953
Profit after taxation - continued operations 2,521,619 2,863,737
Profit after taxation - discontinued operations (4,271) 31,148
  2,517,348 2,894,885
Attribute to:
Equity holders of the bank 2,518,301 2,886,668
Non - controlling interest (953) 8,217
  2,517,348 2,894,885
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.