Financials - Half Yearly
Sindh 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 11,303,839 9,122,815
Balances with other banks 2,260,603 725,400
Lendings to financial institutions 800,000 5,383,162
Investments 51,626,062 54,700,066
Advances 73,615,602 74,138,210
Fixed assets 4,120,954 1,624,874
Intangible assets 46,299 52,940
Deferred tax assets 6,157,247 4,027,784
Others assets 4,210,653 5,927,974
  154,141,259 155,703,225
Liabilities
Bills payable 584,976 929,426
Borrowings 22,744,666 26,771,698
Deposits and other accounts 113,035,326 113,640,900
Liabilities against assets subject to finance lease - -
Subordinated debt - -
Deferred tax liabilities - -
Other liabilities 4,988,086 3,035,284
  141,353,054 144,377,308
Net assets 12,788,205 11,325,917
Represented by
Share capital - net 10,010,130 10,010,130
Reserves 1,479,932 1,473,850
Shares deposit money 3,700,000 -
Deficit on revaluation of assets (3,567,971) (4,181,968)
Unappropriated profit 1,166,114 4,023,905
  12,788,205 11,325,917

Sindh 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 5,864,902 6,903,774
Mark-up / return / interest expensed 4,589,294 3,803,708
Net mark-up / interest income 1,275,608 3,100,066
Non mark-up / interest income
Fee and commission income 165,620 168,354
Dividend income 75,190 38,215
Foreign exchange income 42,322 12,867
Income / (loss) from derivatives - -
(Loss) / gain on securities (1,258,286) 2,929
Other income 3,693 6,395
Total non-markup / interest income (971,461) 228,760
Total income 304,147 3,328,826
Non mark-up / interest expenses
Operating expenses 2,425,211 2,211,966
Other charges 4,663 37,803
Total non-markup / interest expenses 2,429,874 2,249,769
(Loss) / profit before provisions (2,125,727) 1,079,057
Provisions and write offs - net 2,727,061 181,131
Extra ordinary / unusual items - -
(Loss) / profit before taxation (4,852,788) 897,926
Taxation (2,001,079) 369,410
(Loss) / profit after taxation (2,851,709) 528,516
Basic (loss) / earnings per share (Rupees in '000) (2.85) 0.53
Diluted (loss) / earnings per share (Rupees in '000) (2.85) 0.53
Auditor(s):

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