Financials - Half Yearly
MCB Bank Limited
Consolidated Balance Sheet
  As at June 30, 2018
(Rupees in ' 000)
 
Jun 30, 2018
Dec 31, 2017
Assets
Cash and balances with treasury banks 126,844,228 109,462,902
Balances with other banks 8,823,045 7,348,882
Lendings to financial institutions 3,669,661 5,273,524
Investments - net 694,209,087 660,070,246
Advances - net 563,944,222 500,965,801
Operating fixed assets 44,000,437 42,565,448
Deferred tax assets - net - -
Other assets - net 45,612,630 47,743,647
  1,487,103,310 1,373,430,450
Liabilities
Bills payable 13,732,930 22,994,877
Borrowings 199,253,913 140,462,138
Deposits and other accounts 1,070,340,797 1,001,146,162
Sub-ordinated loans 3,891,798 3,892,578
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net 3,895,876 5,661,073
Other liabilities 42,567,715 42,730,541
  1,333,683,029 1,216,887,369
Net assets 153,420,281 156,543,081
Represented by
Share capital 11,850,600 11,850,600
Reserves 72,656,342 71,027,912
Un-appropriated profit 53,536,374 55,221,069
Total equity attributable to equity holders of the bank 138,043,316 138,099,581
Non controlling interest 627,789 580,656
  138,671,105 138,680,237
Surplus on revaluation of assets - net of tax 14,749,176 17,862,844
  153,420,281 156,543,081

MCB 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 39,272,450 36,797,243
Mark-up / return / interest expensed 16,013,533 16,266,568
Net mark-up / interest income 23,258,917 20,530,675
Provision / (reversal) against loans and advances - net (1,423,744) (1,940,509)
Provision / (reversal) for diminution in the value of investments - net 27,333 587,107
Bad debts written off directly 23 14
  (1,396,388) (1,353,388)
Net mark-up / interest income after provisions 24,655,305 21,884,063
Non mark-up / interest income
Fee, commission and brokerage income 5,588,161 4,953,644
Dividend income 530,382 614,852
Income from dealing in foreign currencies 1,000,385 721,722
Gain on sale of securities - net 987,053 3,246,977
Unrealized gain / (loss) on revaluation of investments classified
as held for trading
(13,363) (42,620)
Other income 514,274 328,182
Total non-markup / interest income 8,606,892 9,822,757
  33,262,197 31,706,820
Non mark-up / interest expenses
Administrative expenses 18,227,015 13,400,981
Other provision / (reversal) - net (699,600) 559,987
Other charges 400,906 422,328
Total non-markup / interest expenses 17,928,321 14,383,296
  15,333,876 17,323,524
share of profit of associate 357,513 355,202
Profit before extra ordinary / unusual item and taxation 15,691,389 17,678,726
Extraordinary / unusual item - -
Profit before taxation 15,691,389 17,678,726
Taxation - current period 5,718,536 6,209,140
             - prior years - (2,175,828)
             - deferred 348,141 (33,217)
Share of tax associates 153,490 67,128
  6,220,167 4,067,223
Profit after taxation 9,471,222 13,611,503
Profit attributable to Non-controlling interest (47,553) (56,268)
Profit attributable to equity shareholders of the Bank 9,423,669 13,555,235
Earnings per share - basic and diluted 7.95 12.18
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.