Financials - Yearly
 BankIslami Pakistan Limited
 Consolidated Balance Sheet
  As at December 31, 2015
(Rupees in ' 000)
 
Dec 31, 2015
Dec 31, 2014
Assets
Cash and balances with treasury banks 9,035,889 6,361,444
Balances with other banks 2,016,267 847,890
Due from financial institutions - net 39,855,525 18,143,574
Investments - net 35,801,058 30,511,422
Islamic financing and related assets and Advance (net) 69,428,078 41,097,058
Operating fixed assets 5,659,689 3,387,282
Deferred tax assets - net 5,947,169 -
Other assets - net 6,805,362 1,643,247
  174,549,037 101,991,917
Liabilities
Bills payable 1,523,933 918,435
Due to financial institutions 3,197,770 561,000
Deposits and other accounts 152,661,140 90,330,870
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - 199,348
Other liabilities 5,681,959 3,109,455
  163,064,802 95,119,108
Net assets 11,484,235 6,872,809
Represented by
Share capital 10,079,121 5,758,721
Discount on issue of shares (79,042) (79,042)
Reserves 465,881 542,525
Total equity attributable to equity holders of the bank 10,465,960 6,222,204
Non-controlling interest 189,855 -
  10,655,815 6,222,204
Surplus on revaluation of assets - net of tax 828,420 650,605
  11,484,235 6,872,809

BankIslami Pakistan Limited
 Consolidated Profit and Loss Account
  For the year ended December 31, 2015
(Rupees in ' 000)
 
Dec 31, 2015
Dec 31, 2014
Profit / return earned 8,831,175 7,819,383
Profit / return expensed 5,098,501 4,456,040
Net spread earned 3,732,674 3,363,343
Reversal of provision against non-performing Islamic financing and related assets and advance - net (639,523) (22,255)
Provision for diminution in the value of investments and placements - net 5,586 787
Bad debts written off directly 25 455
  (633,912) (21,013)
Net spread after provisions 4,366,586 3,384,356
Other income
Fee, commission and brokerage income 410,112 387,333
Dividend income 3,303 -
Income from dealing in foreign currencies 82,403 172,356
Gain on sale of securities 12,003 32,173
Unrealised gain on revaluation of investments classified as held for trading - -
Other income 64,119 40,241
Total other income 571,940 632,103
  4,938,526 4,016,459
Other expenses
Administrative expenses 5,058,057 3,471,672
Other provisions / write-offs 162,299 62,243
Other charges 2,148 12,666
Total other expenses 5,222,504 3,546,581
  (283,978) 469,878
Loss for the period from KASB Securities Limited - net of tax (14,489) -
Share of profit from associates 134,837 -
(Loss) / Profit before taxation (163,630) 469,878
Taxation - current 99,469 84,890
             - prior years 21,384 -
             - deferred (197,098) 71,548
  (76,245) 156,438
(Loss) / Profit after taxation (87,385) 313,440
Basic (loss) / earnings per share (0.1086) 0.5774
Diluted (loss) / earnings per share (0.1086) 0.5774
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.