Financials - Half Yearly
Mobilink Microfinance Bank Limited
Balance Sheet
  As at June 30, 2019
 
 
Jun 30, 2019
Dec 31, 2018
Assets
Cash and balances with SBP and NBP 1,615,088,462 2,134,916,179
Balances with other banks/NBFIs/MFBs 5,687,835,854 5,162,381,361
Investments - net of provisions 4,455,954,013 5,408,581,609
Advances - net of provisions 14,095,644,843 12,428,377,027
Operating fixed assets 1,081,582,938 729,541,801
Other assets 2,858,240,389 2,194,622,020
Deferred tax asset 106,161,307 56,273,879
Total assets 29,900,507,806 28,114,693,876
Liabilities
Deposits and other accounts 21,444,481,488 22,091,485,932
Other liabilities 3,942,687,775 2,059,393,830
Deferred tax liabilities - -
Total liabilities 25,387,169,263 24,150,879,762
Net assets 4,513,338,543 3,963,814,114
Represented by
Issued, subscribed and paid-up capital 2,713,596,830 2,713,596,830
Share premium account - -
Statutory and general reserves 454,056,150 332,173,703
Depositors' protection fund 122,707,558 86,860,323
Accumulated profit 1,227,709,620 789,816,115
  4,518,070,158 3,922,446,971
(Deficit) / surplus on revaluation of assets (4,731,615) 41,367,143
Deferred grants - -
Total capital 4,513,338,543 3,963,814,114

Mobilink Microfinance Bank Limited
Balance Sheet
  For the six months ended June 30, 2019
 
 
Jun 30, 2019
Jun 30, 2018
Mark-up / return / interest earned 2,478,473,827 1,602,068,437
Mark-up / return / interest expensed (387,607,632) (206,349,495)
Net mark-up / interest income 2,090,866,195 1,395,718,942
Provision against non - performing loans and advances (159,875,764) (48,954,078)
Provision for diminution in the value of investments - -
Recovery against written off advances - -
Provision for diminution in the value of investments - -
Bad debts written off directly - -
  (159,875,764) (48,954,078)
Net mark-up / interest income after provisions 1,930,990,431 1,346,764,864
Non mark-up / interest income
Fee, commission and brokerage income 227,092,764 369,332,617
Dividend income 49,749,481 -
Other income - 852,085
Total non mark-up / non interest income 276,842,245 370,184,702
Non mark-up / non interest expenses
Administrative expenses (1,381,126,126) (1,111,727,403)
Other charges (6,903,694) (1,832,315)
Total non-markup / non interest expenses (1,388,029,820) (1,113,559,718)
Extra ordinary / unusual items - -
Profit before taxation 819,802,856 603,389,848
Taxation - current 260,278,050 223,812,581
             - prior years - -
             - deferred (49,887,428) (17,091,559)
  210,390,622 206,721,022
Profit after taxation 609,412,234 396,668,826
Accumulated profit brought forward 789,816,115 179,975,461
Profit before appropriations 1,399,228,349 576,644,287
Appropriations - transfers to
Statutory reserve (121,882,447) (79,333,765)
Contribution to depositors protection fund (30,470,612) (19,833,441)
Revenue reserve - -
Proposed cash dividend - -
  (152,353,059) (99,167,206)
Accumulated profit carried forward 1,246,875,290 477,477,081
Earning per share (Rupee) 2.25 1.46
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.