Financials - Half Yearly
Pak Libya Holding Company (Pvt.) Limited
Balance Sheet
  As at June 30, 2019  
 
Jun 30, 2019
Dec 31, 2018
Assets
Cash and balances with treasury banks 29,073 22,985
Balances with other banks 42,084 54,665
Lendings to financial institutions 1,750,000 1,950,000
Investments 9,412,192 11,832,050
Advances 4,174,053 4,350,310
Fixed assets 65,528 58,530
Intangible assets 3,269 3,831
Deferred tax assets - net 94,311 123,633
Other assets 2,077,868 2,032,035
  17,648,378 20,428,038
Liabilities
Bills payable - -
Borrowings 12,694,426 15,352,993
Deposits and other accounts 662,004 643,575
Liabilities against assets subject to finance lease - -
Subordinated loans - -
Deferred tax liabilities - -
Other liabilities 267,890 262,980
  13,624,320 16,259,548
Net assets 4,024,058 4,168,489
Represented by
Share capital 6,141,780 6,141,780
Reserves 311,650 311,650
Unappropriated / unremitted profit / (loss) (2,473,652) (2,069,770)
  3,979,778 4,383,660
Advance against shares subscription 200,000 -
(Deficit) / surplus on revaluation of assets - net of tax (155,720) (215,171)
  4,024,058 4,168,489

Pak Libya Holding Company (Pvt.) Limited
Profit and Loss Account
  For the six months ended June 30, 2019  
 
Jun 30, 2019
Jun 30, 2018
Mark-up / return / interest earned 726,985 754,526
Mark-up / return / interest expensed 769,252 567,926
Net mark-up / interest income (expense) (42,267) 186,600
Non mark-up / interest income
Fee and commission income 2,550 3,439
Dividend income 28,268 25,401
Foreign exchange income 19 8
Income / (loss) from derivatives - -
Gain / (loss) on securities - net (73,829) 17,907
Unrealised loss on revaluation of investments classified as 'held-for-trading' (456) 73
Other income 5,125 1,530
Total non mark-up / interest income (38,321) 48,358
Total income (80,589) 234,958
Non mark-up / interest expenses
Operating expenses 211,013 219,644
Workers welfare fund - -
Other charges 5,181 31,348
Total non mark-up / interest expenses 216,194 250,992
(Loss) / profit before provisions (296,783) (16,034)
(Reversal) / provisions and write offs - net 91,528 (5,086)
Extraordinary / unusual items - -
(Loss) / profit before taxation (388,310) (10,948)
Taxation 15,571 29,589
(Loss) / profit after taxation (403,882) (40,537)
Basic (loss) / earnings per share (657.60) (66.00)
Diluted (loss) / earnings per share (657.60) (66.00)
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.