Financials - Half Yearly
FINCA Microfinance Bank Limited
Balance Sheet
  As at June 30, 2018
 
 
Jun 30, 2018
Dec 31, 2017
Assets
Cash and balances with SBP and NBP 1,059,625,846 976,428,755
Balances with other banks/NBFIs/MFBs 1,616,049,667 1,556,694,589
Lendings to financial institutions - -
Investments - net of provisions 5,464,312,261 5,209,160,227
Advances - net of provisions 16,836,762,326 14,863,341,016
Operating fixed assets 1,292,398,208 1,220,665,974
Other assets 1,890,541,625 1,306,807,645
Deferred tax asset 21,476,895 8,786,704
Total assets 28,181,166,828 25,141,884,910
Liabilities
Deposits and other accounts 21,045,128,768 19,183,925,717
Borrowings 1,901,954,518 1,668,981,702
Subordinated debt - -
Other liabilities 1,489,009,458 1,005,746,247
Total liabilities 24,436,092,744 21,858,653,666
Net assets 3,745,074,084 3,283,231,244
Represented by
Share capital 6,348,887,110 6,348,887,110
Discount on issue of shares (4,089,040,293) (4,089,040,293)
Statutory reserve 365,982,212 365,982,212
Depositors' protection fund 99,421,066 96,448,556
Accumulated loss 1,013,880,846 552,799,227
  3,739,130,941 3,275,076,812
Deferred grants 5,943,143 8,154,432
Total capital 3,745,074,084 3,283,231,244

FINCA Microfinance Bank Limited
Balance Sheet
  For the six months ended June 30, 2018  
 
Jun 30, 2018
Jun 30, 2017
Mark-up / return / interest earned 3,018,387,016 2,200,141,593
Mark-up / return / interest expensed (830,813,929) (529,752,515)
Net mark-up / interest income 2,187,573,087 1,670,389,078
Provision against non-performing loans and advances (167,438,522) (122,183,426)
Provision for diminution in value of investments - -
Bad debts written off directly (9,002,555) (18,876,633)
  (176,441,077) (141,060,059)
Net mark-up / interest income after provisions 2,011,132,010 1,529,329,019
Non mark-up / non interest income
Fee, commission and brokerage income 287,681,814 261,737,450
Dividend income - -
Other income 46,805,118 35,500,268
Total non mark-up / non interest income 334,486,932 297,237,718
  2,345,618,942 1,826,566,737
Non mark-up / non interest expenses
Administrative expenses (1,600,576,641) (1,094,945,785)
Other charges (19,228,597) (10,946,970)
Total non mark-up / non interest expenses (1,619,805,238) (1,105,892,755)
Profit / (Loss) before taxation 725,813,704 720,673,982
Taxation -  current year (277,422,276) (261,289,349)
             -  prior years - -
             -  deferred 12,690,191 8,171,828
  (264,732,085) (253,117,521)
Profit / (Loss) after taxation 461,081,619 467,556,461
Earnings per share 0.73 0.74
Auditor(s):

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