Financials - Half Yearly
Askari Bank Limited
Consolidated Balance Sheet
  As at June 30, 2019
(Rupees in ' 000)
 
Jun 30, 2019
Dec 31, 2018
Assets
Cash and balances with treasury banks 68,755,599 49,187,645
Balances with other banks 3,175,315 4,093,402
Lendings to financial institutions 3,878,985 -
Investments 280,521,623 260,233,987
Advances 370,623,189 343,107,147
Fixed assets 20,032,503 12,791,827
Intangible assets 826,860 741,361
Assets held for sale 80,720 80,720
Deferred tax assets 3,875,012 3,773,779
Other assets 38,048,300 32,522,174
  789,737,386 706,451,322
Assets attributable to discontinued operations 223,663 214,757
  789,961,049 706,666,079
Liabilities
Bills payable 14,811,134 15,512,880
Borrowings 60,447,371 52,702,323
Deposits and other accounts 638,463,946 573,596,926
Liabilities against assets subject to finance lease - -
Subordinated debt 9,992,800 9,993,600
Deferred tax liabilities - -
Other liabilities 30,619,146 21,178,476
  754,334,397 672,984,205
Liabilities associated to discontinued operations 90,250 81,513
  754,424,647 673,065,718
Net assets 35,536,402 33,600,361
Represented by
Share capital 12,602,602 12,602,602
Reserves 18,744,765 15,588,694
Surplus on revaluation of assets - net of tax    
   Continued operations 1,332,996 1,649,197
   Discontinued operations 38,586 5,723
Unappropriated profit 2,770,513 3,710,867
  35,489,462 33,557,083
Non-controlling interest 46,940 43,278
  35,536,402 33,600,361

Askari Bank Limited
 Consolidated Profit and Loss Account
  For the six months ended June 30, 2019
(Rupees in ' 000)
 
Jun 30, 2019
Jun 30, 2018
Mark-up / return / interest earned 30,206,700 19,120,494
Mark-up / return / interest expensed 19,350,386 10,187,990
Net mark-up / interest income 10,856,314 8,932,504
Non mark-up / interest income
Fee, commission and brokerage income 1,813,091 1,471,360
Dividend income 146,286 114,718
Foreign exchange income 1,242,423 943,945
Income / (loss) from derivatives - -
Gain on securities 37,310 134,477
Other income 149,766 179,585
Total non-markup / interest income 3,388,876 2,844,085
Total Income 14,245,190 11,776,589
Non mark-up / interest expenses
Operating expenses 8,757,364 7,703,608
Workers' Welfare Fund 31,042 87,324
Other charges 32,908 296
Total non-markup / interest expenses 8,821,314 7,791,228
Profit before provisions 5,423,876 3,985,361
Provisions and write offs - net 238,736 (402,493)
Extraordinary / unusual items - -
Profit before taxation 5,185,140 4,387,854
Taxation 2,063,027 1,866,235
Profit after taxation - continued operations 3,122,113 2,521,619

Profit / (loss) after taxation - discontinued operations

9,730 (4,271)
  3,131,843 2,517,348
Attributed to
Equity holders of the bank 3,129,313 2,518,301
Non-controlling interest 2,530 (953)
  3,131,843 2,517,348
Basic earnings per share (Rupees) 2.48 2.00
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.