Financials - Half Yearly
Faysal Bank Limited
Balance Sheet
  As at June 30, 2018
(Rupees in ' 000)
 
Jun 30, 2018
 
Dec 31, 2017
(Restated)
Assets
Cash and balances with treasury banks 39,943,943 37,861,767
Balances with other banks 2,046,328 1,872,771
Lendings to financial institutions 8,654,392 9,010,335
Investments 180,752,974 179,706,358
Advances 294,017,958 231,532,160
Operating fixed assets 12,741,763 12,939,625
Deferred tax assets - net 498,066 1,607,625
Other assets 15,677,831 13,496,266
  554,333,255 488,026,907
Liabilities
Bills payable 8,168,153 7,304,326
Borrowings 96,763,950 54,788,547
Deposits and other accounts 393,863,733 373,081,163
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net - -
Other liabilities 14,072,167 13,620,595
  512,868,003 448,794,631
Net assets 41,465,252 39,232,276
Represented by
Share capital 15,176,965 13,197,361
Reserves 7,873,905 7,936,338
Unappropriated profit 12,957,026 12,485,335
  36,007,896 33,619,034
Surplus on revaluation of assets - net of tax 5,457,356 5,613,242
  41,465,252 39,232,276

Faysal Bank Limited
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 15,309,144 14,181,995
Mark-up / return / interest expensed 8,097,960 7,170,683
Net mark-up / interest Income 7,211,184 7,011,312
Reversal of Provision against non-performing loans and advances - net (597,259) (509,924)
Provision for consumer and small enterprise loans - general - net 69,387 44,513
(Reversal of provision) / provision against off balance sheet obligations 21,581 -
(Reversal of provision) / provision for diminution in value of investments - net (49,623) (5,846)
Recoveries against written-off debts - net (51,133) (53,508)
  (607,047) (524,765)
Net mark-up /  interest income after provisions 7,818,231 7,536,077
Non mark-up / interest income
Fee, commission and brokerage income 1,733,755 1,470,930
Dividend income 50,840 80,319
Income from dealing in foreign currencies 952,694 585,118
(Loss) / gain on sale of securities - net 174,309 1,030,616
Unrealised gain on revaluation of investments classified as held for trading - net 2,204 3,342
Other income 310,398 150,067
Total non mark-up / interest income 3,224,200 3,320,392
  11,042,431 10,856,469
Non mark-up / interest expenses
Administrative expenses 6,658,366 5,896,224
Other provisions - net - -
Other charges 134,551 100,226
Total non mark-up / interest expenses 6,792,917 5,996,450
  4,249,514 4,860,019
Share of loss of associate (6,196) (17,954)
Extraordinary / unusual items - -
Profit before taxation 4,243,318 4,842,065
Taxation  - current 1,692,522 1,716,055
              - prior years (1,064,856) (330,599)
              - deferred 1,205,097 597,183
  1,832,763 1,982,639
Profit after taxation 2,410,555 2,859,426
Basic earnings per share 1.59 1.88
Auditor(s):

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