Financials -  Yearly
The Bank of Punjab
Consolidated
Balance Sheet
  As at December 31, 2015
(Rupees in ' 000)
 
Dec 31, 2015
Dec 31, 2014
Assets
Cash and balances with treasury banks 26,190,481 23,622,411
Balances with other banks 4,512,033 2,239,170
Lendings to financial institutions 6,113,262 32,748,623
Investments - net 176,079,793 154,943,890
Advances - net 219,356,020 170,273,415
Operating fixed assets 6,484,312 5,490,121
Deferred tax assets - net 7,905,981 9,845,426
Other assets - net 25,641,447 21,237,382
  472,283,329 420,400,438
Liabilities
Bills payable 1,887,432 1,727,731
Borrowings 55,236,429 44,742,624
Deposits and other accounts 374,960,986 342,290,693
Sub-ordinated loans 2,000,000 2,000,000
Liabilities against assets subject to finance lease - 1,128
Deferred tax liabilities - net - -
Other liabilities 15,520,719 10,281,610
  449,605,566 401,043,786
Net assets 22,677,763 19,356,652
Represented by
Share capital 15,551,132 15,551,132
Discount on issue of shares (263,158) (263,158)
Reserves 2,329,001 2,081,243
Share deposit money 7,000,000 7,000,000
Accumulated loss (5,220,853) (9,083,209)
  19,396,122 15,286,008
Surplus on revaluation of assets - net of tax 3,281,641 4,070,644
  22,677,763 19,356,652

The Bank of Punjab
Consolidated Profit And Loss Account
  For the year ended December 31, 2015
(Rupees in ' 000)
 
Dec 31, 2015
Dec 31, 2014
Mark-up / return / interest earned 31,262,880 29,517,673
Mark-up / return / interest expensed 20,198,798 20,525,783
Net mark-up / interest income 11,064,082 8,991,890
Provision / (reversal of provision) against non-performing loans and advances - net 3,431,451 1,118,605
Provision for diminution in the value of investments - net 97,202 59,494
Bad debts written off directly - -
  3,528,653 1,178,099
Net mark-up / interest income after provisions 7,535,429 7,813,791
Non mark-up / interest income
Fee, commission and brokerage income 828,229 909,596
Dividend income 57,581 39,918
Income from dealing in foreign currencies 109,280 183,830
Gain on sale and redemption of securities - net 5,013,546 667,322
Unrealized loss on revaluation of investments classified as held for trading (8,522) (654)
Other income 1,635,064 1,000,173
Total non-markup / interest income 7,635,178 2,800,185
  15,170,607 10,613,976
Non mark-up / interest expenses
Administrative expenses 7,394,142 6,217,344
Charge / (reversal) of provision against other assets 224,382 (2,416)
Provision against off balance sheet obligations 32,274 17,875
Other charges 19,958 19,727
Total non mark-up / interest expenses 7,670,756 6,252,530
  7,499,851 4,361,446
Extra ordinary / unusual items - -
Profit before taxation 7,499,851 4,361,446
Taxation - current 389,782 323,818
             - prior years 143,953 -
             - deferred 2,248,317 1,196,093
  2,782,052 1,519,911
Profit after taxation 4,717,799 2,841,535
Accumulated losses brought forward (9,083,209) (11,275,026)
Transfer from surplus on revaluation of fixed assets - net of tax 57,738 9,858
Transfer from surplus on revaluation of fixed assets on disposal 7,133 (980)
Transfer to statutory reserve (949,664) (557,490)
Actuarial gains on remeasurement recognized 29,350 2,514
Right shares issue cost - (103,620)
  (9,938,652) (11,924,744)
Accumulated losses carried forward (5,220,853) (9,083,209)
Basic earnings per share - Rupees 3.03 1.97
Diluted earnings per share - Rupees 3.03 1.97
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.