Financials - Half Yearly
Dubai Islamic Bank Pakistan Limited
Balance Sheet
  As at June 30, 2018
(Rupees in ' 000)
 
Jun 30, 2018
Dec 31, 2017
Assets
Cash and balances with treasury banks 14,140,169 10,423,998
Balances with other banks 982,692 1,173,267
Due from financial institutions 4,752,643 4,860,272
Investments 43,073,448 41,474,123
Islamic financings and related assets - net 145,095,314 119,522,264
Operating fixed assets 1,587,835 1,703,784
Deferred tax assets 385,289 71,759
Other assets 4,005,949 3,042,056
  214,023,339 182,271,523
Liabilities
Bills payable 3,826,593 3,677,900
Due to financial institutions 8,791,837 5,255,642
Deposits and other accounts 175,550,190 149,295,457
Sub-ordinated debt 4,000,000 4,000,000
Deferred tax liabilities - -
Other liabilities 6,279,299 5,130,353
  198,447,919 167,359,352
Net assets 15,575,420 14,912,171
Represented by
Share capital 11,652,288 11,652,288
Reserves 965,477 725,101
Unappropriated profit 3,638,551 2,677,047
  16,256,316 15,054,436
Deficit on revaluation of investment - net of tax (680,896) (142,265)
  15,575,420 14,912,171

Dubai Islamic Bank Pakistan Limited
Profit and Loss Account
  For the six months ended June 30, 2018
(Rupees in ' 000)
 
Jun 30, 2018
Jun 30, 2017
Profit / return earned 6,423,221 5,006,955
Profit / return expensed (2,544,736) (1,903,578)
Net profit / return 3,878,485 3,103,377
Reversal of provision / (provision) against non-performing islamic financing and related assets - net 13,980 (54,402)
Reversal of provision for diminution in the value of investments 6,863 -
Bad debts written off directly - -
  20,843 (54,402)
Net spread earned after provisions 3,899,328 3,048,975
Other income
Fee, commission and brokerage income 821,027 849,332
Dividend income - -
Income from dealing in foreign currencies 211,973 17,405
Gain on sale of securities - 19,883
Other income 2,155 96
Total other income 1,035,155 886,716
  4,934,483 3,935,691
Other expenses
Administrative expenses (2,917,791) (2,830,577)
Other provisions / write-offs - -
Other charges (41,877) (22,102)
Total other expenses (2,959,688) (2,852,679)
  1,974,815 1,083,012
Extraordinary / unusual items - -
Profit before taxation 1,974,815 1,083,012
Taxation - current (796,433) (345,107)
             - prior years - (61,255)
             - deferred 23,498 (33,947)
  (772,935) (440,309)
Profit after taxation 1,201,880 642,703
Basic and Diluted earnings per share (Rupees) 1.03 0.58
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.