Financials - Half Yearly
Pakistan Mortgage Refinance Company Limited
Statement of Financial Position
  As at June 30, 2018
(Rupees in ' 000)
 
Jun 30, 2018
Dec 31, 2017
Assets
Cash and balances with treasury banks 2,143,703 14,083,055
Balances with other banks 2,533,443,673 1,240,574,763
Lendings to financial institutions 1,050,000,000 -
Investments - -
Advances - -
Operating fixed assets 37,126,071 32,740,083
Deferred tax assets - 1,720,616
Other assets 53,172,215 31,601,804
  3,675,885,662 1,320,720,321
Liabilities
Bills payable - -
Borrowings - -
Deposits and other accounts - -
Subordinated debt - -
Advances against share capital - 1,159,905,000
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - -
Other liabilities 7,967,126 10,471,216
  7,967,126 1,170,376,216
Net assets 3,667,918,536 150,344,105
Represented by
Share capital 3,658,506,000 150,001,000
Reserves 1,813,886 -
Unappropriated profit 7,598,650 343,105
  3,667,918,536 150,344,105
Surplus/ (Deficit) on revaluation of assets - net of deferred tax - -
  3,667,918,536 150,344,105

Pakistan Mortgage Refinance Company 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 / profit / interest earned 75,632,681 35,325,034
Mark-up / return / profit / interest expensed - -
Net mark-up / interest income 75,632,681 35,325,034
Provisions against non-performing loans and advances - -
Provisions of diminution in the value of investments - -
Bad debts written off directly - -
  - -
Net mark - up / return / profit / interest income after provisions 75,632,681 35,325,034
Non Mark-Up / Interest Income
Fees, commission and brokerage income - -
Dividend income - -
Income from dealing in foreign currencies - -
Gain on sale / redemption of securities - net - -
Unrealised gain / (loss) on revaluation of investments classified as held for trading - -
Other income - -
Total non-markup / interest income - -
  75,632,681 35,325,034
Non mark-up / interest expenses
Administrative expenses 64,842,634 31,747,066
Other provisions / write - offs - -
Other charges - 193,561
Total non-markup / interest expenses 64,842,634 31,940,627
Profit / (loss) before extra - ordinary / unusual items 10,790,047 3,384,407
Extra ordinary / unusual items - -
Profit / (loss) before taxation 10,790,047 3,384,407
Taxation    
 -Current - (1,241,404)
 -Prior - -
 -Deferred (1,720,616) 226,943
  (1,720,616) (1,014,461)
Profit / (loss) after taxation 9,069,431 2,369,946
Basic and diluted earnings / (loss) per share 0.07 0.16
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.