Financials - Half Yearly
First Women Bank Limited
Balance Sheet
  As at June 30, 2018
(Rupees in ' 000)
 
Jun 30, 2018
Dec 31, 2017
Assets
Cash and balances with treasury banks 1,749,098 1,438,429
Balances with other banks 91,131 62,606
Lendings to financial institutions 99,636 0
Investments 12,461,074 13,587,722
Advances 9,485,623 8,875,631
Operating fixed assets 309,710 323,546
Deferred tax asset - net 152,384 151,769
Other assets - net 407,162 389,228
  24,755,818 24,828,931
Liabilities
Bills payable 339,067 530,291
Borrowings from financial institutions 4,191,549 3,903,832
Deposits and other accounts 16,187,837 16,259,737
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liability - -
Other liabilities 384,674 402,360
  21,103,127 21,096,220
Net assets 3,652,691 3,732,711
Represented by
Share capital 3,994,113 3,994,113
Statutory reserve 307,717 307,717
Accumulated loss -772,746 -695,455
  3,529,084 3,606,375
Surplus on revaluation of assets 123,607 126,336
  3,652,691 3,732,711

First Women 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 624,639 552,900
Mark-up / return / interest expensed -284,086 -243,542
Net mark-up / interest income 340,553 309,358
Reversal against non-performing loans and advances - net -21,971 -11,397
Reversal against diminution in the value of investments - -
Bad debts written off directly - -
  -21,971 -11,397
Net mark-up / interest income after provisions 318,582 297,961
Non mark-up / interest income
Fee, commission and brokerage income 38,562 35,140
Dividend income 4,239 5,673
Income / (Loss) from dealing in foreign currencies - net 16,663 9,591
Gain on sale / redemption of securities - net 63 16,350
Unrealized loss on revaluation of investments classified as held for trading - -
Other income - net 6,047 6,535
Total non mark-up / interest income 65,574 73,289
  384,156 371,250
Non mark-up / interest expenses
Administrative expenses -454,849 -453,557
Other provisions / write offs - -1,441
Other charges (SBP penalty) -21 -7
Total non-mark-up / interest expenses -454,870 -455,005
Extra ordinary / unusual item - -
(Loss) / profit before taxation -70,714 -83,755
Taxation - current -8,628 -6,277
             - deferred 162 -9,359
  -8,466 -15,636
Profit after taxation -79,180 -99,391
Basic and diluted earnings per share -0.23 -0.28
Auditor(s): KPMG Taseer Hadi & Co. Chartered Accountants

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