Financials - Half Yearly
Habib Metropolitan Bank Limited
Consolidated Balance Sheet
  As at June 30, 2018
(Rupees in ' 000)
 
Jun 30, 2018
Jun 30, 2017
Assets
Cash and balances with treasury banks 48,485,565 42,282,249
Balances with other banks 1,799,661 1,234,380
Lendings to financial institutions 9,785,050 10,914,805
Investments 383,407,271 395,266,073
Advances 199,088,918 181,790,445
Operating fixed assets 3,308,051 3,418,407
Deferred tax assets 3,750,079 2,835,420
Other assets 14,145,049 13,383,645
  663,769,644 651,125,424
Liabilities
Bills payable 10,543,562 9,383,752
Borrowings 76,059,529 67,323,249
Deposits and other accounts 523,265,543 517,685,132
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - -
Other liabilities 11,921,945 12,870,642
  621,790,579 607,262,775
Net assets 41,979,065 43,862,649
Represented by
Share capital 10,478,315 10,478,315
Reserves 15,713,477 15,124,031
Unappropriated profit 13,366,256 14,159,430
  39,558,048 39,761,776
Non-controlling interest 3,287,733 3,167,652
  42,845,781 42,929,428
(Deficit) / Surplus on revaluation of assets - net of tax (866,716) 933,221
  41,979,065 43,862,649

Habib Metropolitan Bank Limited
Consolidated 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 20,059,254 16,075,011
Mark-up / return / interest expensed (12,067,231) (9,099,920)
Net mark-up / interest income 7,992,023 6,975,091
Provision against non-performing loans and advances - net 493,750 645,437
Provision for diminution in the value of investments - net 24,481 81,143
Bad debts written off directly - -
  (518,231) (726,580)
Net mark-up / interest income after provisions 7,473,792 6,248,511
Non mark-up / interest income
Fee, commission and brokerage income 1,879,197 1,711,880
Dividend income 50,790 351,321
Income from dealing in foreign currencies - net 739,575 378,963
Gain on sale / redemption of securities - net 81,959 764,142
Unrealized gain / (loss) on revaluation of investment classified as 'held for trading' - -
Other income 451,758 142,827
Total non-markup / interest income 3,203,279 3,349,133
  10,677,071 9,597,644
Non mark-up / interest expenses
Administrative expenses 5,721,555 5,195,936
Other provisions / write-offs (39,520) 102,515
Other charges 113,781 101,745
Total non-mark-up / interest expenses (5,795,816) (5,400,196)
  4,881,255 4,197,448
Extra ordinary / unusual items - -
Profit before taxation 4,881,255 4,197,448
Taxation - current 1,726,060 1,652,816
             - prior years - 423,084
             - deferred 81,300 (201,112)
  (1,807,360) (1,874,788)
Profit after taxation 3,073,895 2,322,660
Profit attributable to:
Equity share holders of the holding company 2,954,726 2,287,241
Non-controlling interest 119,169 35,419
  3,073,895 2,322,660
Basic and diluted earnings per share (Rupees) 2,82 2,18
Auditor(s):

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