Financials -  Yearly
Al Baraka Bank (Pakistan) Limited
Balance Sheet
  As at December 31, 2015
(Rupees in ' 000)
 
Dec 31, 2015
Dec 31, 2014
Assets
Cash and balances with treasury banks 10,847,429 6,465,268
Balances with other banks 1,560,544 3,741,342
Due from financial institutions 3,911,763 10,005,950
Investments 15,278,354 19,560,668
Islamic Financing and related assets 47,644,690 47,022,578
Operating fixed assets 2,671,911 2,667,194
Deferred tax assets 1,392,003 1,541,433
Other assets 3,625,816 3,344,347
  86,932,510 94,348,780
Liabilities
Bills payable 883,698 679,810
Due to financial institutions 2,108,255 2,211,568
Deposits and other accounts 71,644,386 80,222,579
Sub-ordinated loans 3,756,734 3,105,314
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - -
Other liabilities 2,266,200 2,228,199
  80,659,273 88,447,470
Net assets 6,273,237 5,901,310
Represented by
Share capital 8,935,200 8,935,200
Advance against issuance of shares 95,704 95,704
Discount on issuance of shares (767,290) (767,290)
Reserves 159,348 111,259
Accumulated loss (2,135,310) (2,323,983)
  6,287,652 6,050,890
Deficit on revaluation of investments - net of tax (14,415) (149,580)
  6,273,237 5,901,310

Al Baraka Bank (Pakistan) Limited
Profit and Loss Account
  For the year ended December 31, 2015
(Rupees in ' 000)
 
Dec 31, 2015
Dec 31, 2014
Profit / return earned on islamic financings related assets, investments and placements 6,269,086 6,682,974
Return on deposits and other dues expensed (3,790,618) (4,513,250)
Net spread earned 2,478,468 2,169,724
Provision against non-performing islamic financing and related assets (104,690) (21,135)
Reversal / provision for diminution in the value of investments 230,132 (64,109)
  125,442 (85,244)
Net spread after provisions 2,603,910 2,084,480
Other income
Fee, commission and brokerage income 439,105 401,845
Dividend income 21,592 7,862
Income from dealing in foreign currencies 160,842 194,963
Gain on sale of securities 12,838 135,759
Unrealised gain / (loss) on revaluation of investments classified as held-for-trading 3,434 (19,171)
Other income 18,533 5,242
Total other income 656,344 726,500
  3,260,254 2,810,980
Other expenses
Administrative expenses (2,848,910) (2,545,583)
Other provisions / write offs (4,407) (18,735)
Other charges (328) (30,074)
Total other expenses (2,853,645) (2,594,392)
  406,609 216,588
Extra ordinary / unusual items - -

Profit before taxation

406,609 216,588
Taxation - current / prior year (87,532) (79,527)
             - deferred (78,631) 8,862
  (166,163) (70,665)
Profit after taxation 240,446 145,923
Basic / diluted earning per share 0.27 0.16
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.