Financials - Half Yearly
NRSP Microfinance Bank Limited
Balance Sheet
  As at June 30, 2019  
 
Jun 30, 2019
Dec 31, 2018
Assets
Cash and balances with SBP and NBP 1,094,236,925 1,120,907,602
Balances with other Banks/NBFIs/MFBs 4,924,266,760 3,699,044,247
Lending to financial institutions 1,814,679,025 2,522,202,000
Investments - net of provisions 1,289,648,186 3,458,697,984
Advances - net of provisions 25,217,501,615 23,311,121,828
Operating fixed assets 2,122,914,235 1,008,607,370
Other assets 3,480,363,187 3,136,557,194
Deferred tax assets - net 318,910,099 93,447,540
Total assets 40,262,520,032 38,350,585,765
Liabilities
Deposits and other accounts 27,841,118,541 26,263,175,128
Borrowings 3,650,977,361 4,531,799,881
Subordinated debt 672,360,000 672,360,000
Other liabilities 3,932,470,136 2,275,492,810
Deferred tax liability - net - -
Total liabilities 36,096,926,038 33,742,827,819
Net assets 4,165,593,994 4,607,757,946
Represented by:
Share capital 1,498,372,010 1,498,372,010
Statutory reserve 640,217,412 640,217,412
Depositors' protection fund 186,509,776 180,937,261
Unappropriated profit 1,831,216,777 2,278,585,992
  4,156,315,975 4,598,112,675
(Deficit) / surplus on revaluation of assets (7,116) -
Deferred grants 9,285,135 9,645,271
Total capital 4,165,593,994 4,607,757,946

NRSP Microfinance Bank Limited
Profit and Loss Account
  For the six months ended June 30, 2019
 
 
Jun 30, 2019
Jun 30, 2018
Mark-up / return / interest earned 3,303,343,863 2,983,672,641
Mark-up / return / interest expensed (1,549,577,800) (1,069,366,253)
Net mark-up / interest income 1,753,766,063 1,914,306,388
Provision against non-performing loans and advances (1,021,771,009) (490,000,182)
Provision for diminution in the value of investments - -
Bad debts written off directly - net of insurance recoveries (15,839,624) (10,571,131)
  (1,037,610,633) (501,171,313)
Net mark-up / interest income after provisions 716,155,430 1,413,135,075
Non mark-up / non interest income
Fee, commission and brokerage income 284,737,053 334,770,537
Dividend income 77,481,056 -
Other income - net 99,075,941 14,779,863
Total non-markup / non interest income 461,294,050 349,550,400
  1,177,449,480 1,762,685,475
Non mark-up / non interest expense
Administrative expenses (1,780,490,880) (1,358,872,601)
Other charges (219,361) (284)
Total non-markup / non interest expenses (1,780,710,241) (1,358,872,885)
  (603,260,761) 403,812,590
Extra ordinary / unusual items - -
(Loss) / profit before taxation (603,260,761) 403,812,590
Taxation - current (61,645,535) (263,545,140)
             - prior year - -
             - deferred 225,462,559 200,570,460
  163,817,024 (117,393,973)
(Loss) / profit after taxation (439,443,737) 286,418,617
Unappropriated profit brought forward 2,278,585,992 1,849,115,619
Less: other comprehensive income (7,925,478) (7,072,469)
Profit available for appropriation 1,831,216,777 2,128,461,767
Appropriations:
Transfer to:    
Statutory reserve - (57,283,723)
Depositors' protection fund - (14,320,931)
  - (71,604,654)
Unappropriated profit carried forward 1,831,216,777 2,056,857,113
(Loss) / earnings per share (2.93) 1.91
Auditor(s):

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