Financials - Half Yearly
The Bank of Punjab
Consolidated Balance Sheet
  As at June 30, 2018
(Rupees in ' 000)
 
Jun 30, 2018
Dec 31, 2017
Assets
Cash and balances with treasury banks 47,833,984 42,478,209
Balances with other banks 6,712,428 6,116,297
Lendings to financial institutions 17,765,015 24,170,850
Investments - net 220,700,207 242,487,965
Advances - net 359,627,704 295,841,425
Operating fixed assets 9,243,220 8,533,033
Deferred tax assets - net 9,317,653 10,786,284
Other assets - net 20,204,105 19,295,379
  691,404,316 649,709,442
Liabilities
Bills payable 3,617,820 3,365,325
Borrowings from financial institutions 33,635,391 38,949,362
Deposits and other accounts 592,689,751 556,191,873
Sub-ordinated loans 8,798,500 4,499,000
Liabilities against assets subjects to finance lease - -
Deferred tax liabilities - net - -
Other liabilities 19,011,341 16,864,004
  657,752,803 619,869,564
Net assets 33,651,513 29,839,878
Represented by
Share capital 26,436,924 26,436,924
Reserves 3,296,781 3,296,781
Unaccumulated profit / (Accumulated losses) 952,478 (3,034,749)
  30,686,183 26,698,956
Non-controlling interest 265,979 254,320
  30,952,162 26,953,276
Surplus on revaluation of assets - net of tax 2,699,351 2,886,602
  33,651,513 29,839,878

The Bank of Punjab
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 20,236,417 16,048,956
Mark-up / return / interest expensed 11,022,200 8,846,104
Net mark-up / return / interest income 9,214,217 7,202,852
(Reversal of provision) / provision against non-performing advances - net (1,107,317) 1,451,676
Provision / (reversal of provision) for diminution in the value of investments - net 14,298 777
Bad debts written off directly - -
  (1,093,019) 1,452,453
Net mark-up / return / interest income after provisions 10,307,236 5,750,399
Non mark-up / interest income
Fee, commission and brokerage income 662,597 570,448
Dividend income 35,362 42,752
Income from dealing in foreign currencies 130,668 47,447
Gain on sale and redemption of securities - net 23,211 1,184,862
Unrealized (loss) / gain on revaluation of investments classified as
held for trading
(5,040) (939)
Other income 998,617 1,172,354
Total non mark-up / interest income 1,845,415 3,016,924
  12,152,651 8,767,323
Non mark-up / interest expenses
Administrative expenses 5,895,100 4,886,114

Provision against other assets

41,356 33,382
Other charges - 44,675
Total non mark-up / interest expenses 5,936,456 4,964,171
  6,216,195 3,803,152
Extra ordinary / unusual items - -
Profit before taxation 6,216,195 3,803,152
Taxation
- Current 1,375,749 1,376,443
- Prior years - 264,576
- Deferred 990,286 (29,528)
  2,366,035 1,611,491
Profit after taxation 3,850,160 2,191,661
Profit Attributable to:
Equity holders of the parent 3,838,501 2,182,968
Non-controlling interest 11,659 8,693
  3,850,160 2,191,661
Earnings per share - basic and diluted - (Rupees) 1.46 1.41
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.