Financials - Half Yearly
Soneri Bank Limited
Balance Sheet
  As at June 30, 2018
(Rupees in ' 000)
 
Jun 30, 2018
Dec 31, 2017
Assets
Cash and balances with treasury banks 24,301,878 19,431,256
Balances with other banks 1,572,405 1,151,015
Lendings to financial and other institutions 7,550,000 6,544,152
Investments - net 157,487,381 117,428,516
Advances - net 168,218,833 164,292,915
Operating fixed assets 6,613,577 6,581,465
Deferred tax assets - net - -
Other assets - net 6,419,990 6,704,657
  372,164,064 322,133,976
Liabilities
Bills payable 4,465,350 4,895,447
Borrowings 98,715,348 64,584,236
Deposits and other accounts 243,417,213 227,348,454
Sub-ordinated loans 2,997,000 2,997,600
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net 627,800 935,711
Other liabilities 3,738,588 2,867,929
  353,961,299 303,629,377
Net assets 18,202,765 18,504,599
Represented by
Share capital 11,024,636 11,024,636
Reserves 1,947,690 1,752,494
Unappropriated profit 3,625,379 3,636,297
  16,597,702 16,413,427
Surplus on revaluation of assets - net of tax 1,605,063 2,091,172
  18,202,765 18,504,599

Soneri Bank 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 / interest earned 9,471,968 8,699,378
Mark-up / return / interest expensed 6,091,594 5,442,409
Net mark-up / return / interest income 3,380,374 3,256,969
(Reversal of provision) / provision against loans and advances - net (233,616) 130,141
Provision for diminution in the value of investments-net - -
Bad debts written off directly - 12
  (233,616) 130,153
Net mark-up / return / interest income after provisions 3,613,990 3,126,816
Non mark-up / interest income
Fee, commission and brokerage income 778,561 693,509
Dividend income 91,060 83,970
Income from dealing in foreign currencies-net 387,241 143,852
Unrealised loss on revaluation of investments classified as held-for-trading - net (1,568) (11,774)
Gain on sale of securities - net 298,678 868,917
Other income 15,254 14,556
Total non mark-up / interest income 1,569,226 1,793,030
  5,183,216 4,919,846
Non mark-up / interest expenses
Administrative expenses 3,504,898 3,414,130
Provision against other assets - net - -
Other charges 54,053 55,742
Total non mark-up / interest expenses 3,558,951 3,469,872
  1,624,265 1,449,974
Extraordinary / unusual items - -
Profit before taxation 1,624,265 1,449,974
Taxation - current 713,360 534,630
             - prior - 128,215
             - deferred (65,077) (24,726)
  648,283 638,119
Profit after taxation 975,982 811,855
Earning per share - Basic and diluted (Rupees) 0.8853 0.7364
Auditor(s):

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