Financials - Half Yearly
Pak-Libya Holding Company (Pvt.) Limited
Balance Sheet
  As at June 30, 2018  
 
Jun 30, 2018
Dec 31, 2017
Assets
Cash and balances with treasury banks 13,005 28,328
Balances with other banks 66,740 83,494
Lendings to financial institutions 2,750,000 4,000,000
Investments 12,096,670 9,700,440
Advances 3,171,416 3,593,084
Other assets 1,933,401 1,591,796
Operating fixed assets 69,614 80,458
Deferred tax assets - net 77,488 85,330
  20,178,333 19,162,930
Liabilities
Bills payable - -
Borrowings from financial institutions 15,093,111 14,367,132
Deposits and other accounts 386,326 39,000
Sub-ordinated loans - -
Liabilities against assets subject to finance leases - -
Other liabilities 203,244 201,883
  15,682,681 14,608,015
Net assets 4,495,652 4,554,915
Represented by
Share capital 6,141,780 6,141,780
Reserves 311,650 311,650
Accumulated loss (1,781,317) (1,740,780)
  4,672,113 4,712,650
Deficit on revaluation of assets - net of tax (176,461) (157,735)
  4,495,652 4,554,915

Pak-Libya Holding Company (Pvt.) Limited
Profit and Loss Account
  For the six months ended June 30, 2018  
 
Jun 30, 2018
Jun 30, 2017
Mark-up / return / interest earned 754,525 502,571
Mark-up / return / interest expensed 567,926 353,818
Net mark-up / interest income 186,599 148,753
Provision / (reversal) of provision against non-performing advances - net 4,758 (1,976)
Provision for diminution in the value of investments - net / impairment 2,103 7,699
Bad debts written off directly - -
  6,861 5,723
Net mark-up / interest / income after provisions 179,738 143,030
Non mark-up / interest income
Fee, commission and brokerage income 3,439 13,084
Dividend income 25,401 19,408
Gain from trading in securities - net 17,908 218,030
Income from dealing in foreign currencies - -
Unrealised gain on revaluation of investments classified as held-for-trading 73 -
Other income 2,538 2,081
Total non mark-up / interest income 49,359 252,603
  229,097 395,633
Non mark-up / interest expenses
Administrative expenses 219,644 248,508
Other provision / write off  / (reversals) (10,946) -
Other charges 31,348 10,143
Total non mark-up / interest expenses 240,046 258,651
  (10,949) 136,982`
Extra ordinary / unusual items - -
(Loss) / profit before taxation (10,949) 136,982
Taxation - current 15,965 51,101
             - prior year - -
             - deferred 13,623 7,416
  29,588 58,517
(Loss) / profit after taxation (40,537) 78,465
Basic and diluted earnings per share (Rupees) (66.00) 127.76
Auditor(s):

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