Financials - Half Yearly
Pak Brunei Investment Company 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 192,480 137,621
Balances with other banks 322,539 549,900
Lendings to financial institutions - 3,200,909
Investments - net 10,908,762 5,918,860
Advances - net 19,646,609 19,331,908
Operating fixed assets 32,653 28,303
Deferred tax assets - net 245,930 189,506
Other assets 820,216 673,523
  32,169,189 30,030,530
Liabilities
Bills payable - -
Borrowings 19,030,314 13,976,083
Deposits and other accounts 2,000,000 4,751,164
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net - -
Other liabilities 850,333 738,202
  21,880,647 19,465,449
Net assets 10,288,542 10,565,081
Represented by
Share capital 6,000,000 6,000,000
Reserves 1,351,812 1,351,812
Unappropriated profit 3,164,301 3,412,835
Total equity attributable to the equity holders of the holding company 10,516,113 10,764,647
Non controlling interest 2,262 2,178
  10,518,375 10,766,825
Deficit on revaluation of assets - net of tax (229,833) (201,744)
  10,288,542 10,565,081

Pak Brunei Investment Company Limited
Consolidated Profit and Loss Account
  For the six month ended June 30, 2018
(Rupees in ' 000)
 
Jun 30, 2018
Jun 30, 2017
Mark-up / return / interest earned 971,537 831,976
Mark-up / return / interest expensed 542,011 528,964
Net mark-up / interest income 429,526 303,012
(Reversal) / provision against non-performing loans and advances 233,858 28,718
Provision for diminution in the value of investments 26,433 13,460
Bad debts written off directly - -
  260,291 42,178
Net mark-up / interest income after provisions 169,235 260,834
Non mark-up / interest income
Fee, commission and brokerage income 142,148 92,012
Dividend income 13,645 11,817
Gain on sale of securities 6,404 251,629
Unrealized gain / (loss) on revaluation of investments classified as held for trading (25,692) 83
Other income 47 547
Total non mark-up / interest income 136,552 356,088
  305,787 616,922
Non mark-up / interest expenses
Administrative expenses 222,907 193,931
Other provisions / write offs - net - 90
Provision for Sindh Workers' Welfare Fund 298 -
Other charges - -
Total non mark-up / interest expenses 223,205 194,021
  82,582 422,901
Share of profit / (loss) of associates - 92,620
Profit before taxation from continuing operations 82,582 515,521
Taxation - current 50,121 73,090
             - prior years 31,000 38,923
             - deferred (50,089) 56,023
  31,032 168,036
Profit after tax from continuing operations 51,550 347,485
Discontinued Operation
Profit after tax from discontinuing operation - 2,667
  51,550 350,152
Attributable to:
Equity shareholders of the holding company 51,466 350,042
Non-controling interest 84 110
  51,550 350,152
Earning per share - basic and diluted (in Rupees) 0.09 0.58
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.