Financials - Half Yearly
Citibank N.A., Pakistan
Balance Sheet
 

As at June 30, 2018

(Rupees in ' 000)
 

Jun 30, 2018

Dec 31, 2017

Assets

Cash and balances with treasury banks

7,722,312

5,907,205

Balances with other banks

9,853,762

1,091,101

Lendings to financial institutions

600,034

23,930,516

Investments - net

57,767,552

57,091,381

Advances - net

33,032,310

24,483,524

Fixed assets

484,728

541,286

Deferred tax assets - net

-

62,145

Other assets

4,795,920

4,068,828

 

114,256,618

117,175,986

Liabilities

Bills payable

2,889,767

1,836,429

Borrowings from financial institutions

11,991,024

15,460,370

Deposits and other accounts

81,656,699

78,817,906

Sub-ordinated loans

-

-

Liabilities against assets subject to finance lease

-

-

Deferred tax liabilities - net

3,122

-

Other liabilities

9,239,091

11,858,203

 

105,779,703

107,972,908

Net assets

8,476,915

9,203,078

Represented by

Head office capital account

6,812,671

6,812,671

Reserves

163,039

163,039

Unremitted profit

1,529,042

2,232,629

  8,504,752 9,208,339

Deficit on revaluation of assets - net of deferred tax

(27,837)

(5,261)

  8,476,915 9,203,078

 
Citibank N.A., Pakistan
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 3,121,257 2,922,902
Mark-up / return / interest expensed 1,531,466 1,481,387
Net mark-up / return / interest income 1,589,791 1,441,515
Reversal of provision against loans and advances - net (84,875) (26,354)
Bad debts written off directly - -
Reversal of provision against off-balance sheet obligations - net - -
  (84,875) (26,354)
Net mark-up / return / interest income after provisions 1,674,666 1,467,869

Non mark-up / interest income

Fee, commission and brokerage income 717,387 347,877
Income from dealing in foreign currencies 1,083,078 997,700
Gain / (loss) on sale of securities 9,450 92,816
Unrealized gain on revaluation of investments classified as held-for-trading - 5,868
Other income 24,913 59,851
Total non-markup / interest income - net 1,834,828 1,504,112
  3,509,494 2,971,981
Non mark-up / interest expenses
Administrative expenses 959,133 1,047,012
Reversal against appreciation / diminution in the value of -
non-banking assets - net
- -
Operating fixed assets written off -

-

Other charges 38,413 29,827
Total non-markup / interest expenses - net 997,546 1,076,839
Profit before taxation 2,511,948 1,895,142

Taxation - current

908,616

633,403

             - prior years - 190,482
             - deferred 76,326 53,260
  984,942 877,145
Profit after taxation 1,527,006 1,017,997
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.