Financials - Half Yearly
BankIslami Pakistan Limited
Consolidated Balance Sheet
  As at June 30, 2018
(Rupees in ' 000)
 
Jun 30, 2018
Dec 31, 2017
Assets
Cash and balances with treasury banks 13,056,915 11,784,180
Balances with other banks 2,468,666 1,149,355
Due from financial institutions - net 16,441,885 21,371,787
Investments - net 47,173,183 42,363,753
Islamic financing, related assets and Advances - net 104,765,370 119,006,779
Operating fixed assets 9,042,574 9,148,064
Deferred tax assets 7,774,816 7,613,022
Other assets - net 5,235,839 4,796,975
  205,959,248 217,233,915
Liabilities
Bills payable 2,043,411 2,988,996
Due to financial institutions 11,660,866 15,570,390
Deposits and other accounts 172,199,159 179,001,578
Sub-ordinated loans - -
Deferred tax liabilities - -
Other liabilities 5,792,903 5,445,715
  191,696,339 203,006,679
Net assets 14,262,909 14,227,236
Represented by
Share capital 10,079,121 10,079,121
Discount on Issue of shares (79,042) (79,042)
Reserves 926,266 926,266
Unappropriated Profit 2,062,032 1,893,736
Total equity attributable to equity holders of the bank 12,988,377 12,820,081
Non-controlling interest 200,175 205,242
  13,188,552 13,025,323
Surplus on revaluation of assets - net of tax 1,074,357 1,201,913
  14,262,909 14,227,236

BankIslami Pakistan Limited
Consolidated Profit and Loss Account
  For the six months ended June 30, 2018
(Rupees in ' 000)
 
Jun 30, 2018
Jun 30, 2017
Profit / return earned 5,636,494 5,050,432
Profit / return expensed 2,894,289 2,578,927
Net spread earned 2,742,205 2,471,505
Provision / (reversal) against non-performing Islamic
financing and related assets and advances - net
17,201 (89,376)
(Reversal of provision) / provision for diminution in the value
of investments and placements - net
(373,970) (97,479)
Bad debts written off directly - -
  (356,769) 8,103
Net spread after provisions 3,098,974 2,463,402
Other Income
Fee, commission and brokerage income 368,534 321,438
Dividend income 6,618 389
Income from dealing in foreign currencies 98,478 30,855
(Loss) / gain on sale of securities (331,503) 46,532
Unrealised gain / (loss) on revaluation of investments classified as "held for trading" 2,218 1,054
Other income 43,307 30,860
Total other income 187,652 431,128
  3,286,626 2,894,530
Other expenses
Administrative expenses 3,174,610 3,099,531
Other provisions / (reversals) - net 11,307 (131,652)
Other charges 1,984 21,623
Total other expenses 3,187,901 2,989,502
  98,725 (94,972)
(Loss) / profit for the period from BIPL Securities Limited - net of tax (22,042) 73,693
Share of profit from associate 110,555 44,993
Profit before taxation 187,238 23,714
 
Taxation - current 76,936 68,713
             - prior years - 74
             - deferred (47,646) (84,929)
  29,290 (16,142)
Profit / (loss) after taxation 157,948 39,856
Attributable to:
Equity shareholders of the bank 163,015 23,008
Non - controlling interest (5,067) (16,848)
  157,948 39,856
Basic earnings / (loss) per share (Rupees) 0,1617 0,1135
Diluted earnings / (loss) per share (Rupees) 0,1617 0,1135
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.