Financials - Half Yearly
Industrial and Commercial Bank of China Limited
Pakistan Branches
Balance Sheet
 

As at June 30, 2019

(Rupees in ' 000)
 

Jun 30, 2019

Dec 31, 2018

Assets

Cash and balances with treasury banks

31,634,494

27,658,474

Balances with other banks

5,725,245

4,015,685

Lendings to financial institutions

231,762,439

207,924,067

Investments

186,328,841

175,857,020

Advances

15,778,173

22,713,422

Fixed assets

606,496

590,331

Intangible assets

2,347

2,788

Deferred tax assets

30,608

7,961

Other assets

31,921,406

20,493,816

 

503,790,049

459,263,564

Liabilities

Bills payable

19,500,344

1,292,129

Borrowings

384,925,301

355,486,464

Deposits and other accounts

49,606,842

66,540,142

Liabilities against assets subject to finance lease

-

-

Subordinated debt

-

-

Deferred tax liabilities

-

-

Other liabilities

13,471,629

9,686,726

 

467,504,116

433,005,461

Net assets

36,285,933

26,258,103

Represented by

Head office capital account

24,007,815

20,829,285

Deficit on revaluation of assets - net of tax

(100,451)

(57,530)

Unremitted profit

12,378,569

5,486,348

  36,285,933 26,258,103

 
Industrial and Commercial Bank of China Limited
Pakistan Branches
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 23,091,181 10,867,892
Mark-up / return / interest expensed 12,064,819 6,795,463
Net mark-up / interest income 11,026,362 4,072,429

Non mark-up / interest income

Fee and commission income 610,288

553,040

Dividend income -

-

Foreign exchange income 977,087 484,587
Income / (loss) from derivatives -

-

Gain / (loss) on securities - -
Other income 133 -
Total non-markup / interest income 1,587,508 1,037,627
Total income 12,613,870 5,110,056
Non mark-up / interest expenses
Operating expenses 641,283

495,685

Workers welfare fund 236,130

88,852

Other charges -

-

Total non-markup / interest expenses 877,413 584,537
Profit before provisions 11,736,457 4,525,519
Provisions and write offs - net (70,053) 93,777
Extra ordinary / unusual items - -
Profit before taxation 11,806,510 4,431,742

Taxation

4,914,289

1,800,131

Profit after taxation 6,892,221 2,631,611
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.