Financials -  Yearly
MCB Bank 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 61,265,859 46,753,868
Balances with other banks 10,058,662 3,063,774
Lendings to financial institutions 5,132,480 1,418,181
Investments - net 564,299,568 516,898,299
Advances - net 315,310,857 304,000,563
Operating fixed assets 32,997,385 31,583,646
Deferred tax assets - net - -
Other assets - net 31,915,210 37,888,155
  1,020,980,021 941,606,486
Liabilities
Bills payable 11,975,237 16,627,700
Borrowings 118,615,031 59,776,578
Deposits and other accounts 706,239,715 688,270,091
Sub-ordinated loan - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net 12,482,287 10,735,841
Other liabilities 29,491,131 29,927,070
  878,803,401 805,337,280
Net assets 142,176,620 136,269,206
Represented by
Share capital 11,130,307 11,130,307
Reserves 51,491,384 49,200,045
Unappropriated profit 52,631,368 49,765,031
Total equity attributable to the equity holders of the Bank 115,253,059 110,095,383
Non-controlling interest 512,076 511,960
  115,765,135 110,607,343
Surplus on revaluation of assets - net of tax 26,411,485 25,661,863
  142,176,620 136,269,206

MCB Bank Limited
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 80,726,402 77,411,189
Mark-up / return / interest expensed 31,171,853 33,770,144
Net mark-up / interest income 49,554,549 43,641,045
Provision / (reversal) for diminution in the value of investments - net 831,369 (847,151)
Provision / (reversal) against loans and advances - net (285,965) (1,093,745)
Bad debts written off directly 67 20
  545,471 (1,940,876)
Net mark-up / interest income after provisions 49,009,078 45,581,921
Non-mark-up / interest income
Fee, commission and brokerage income 8,994,431 7,775,318
Dividend income 861,381 729,708
Income from dealing in foreign currencies 771,686 1,443,458
Gain on sale of securities - net 4,343,994 1,715,235
Unrealized gain / (loss) on revaluation of investments classified as held for trading 577 27,324
Other income 2,090,962 1,570,088
Total non-mark-up / interest income 17,063,031 13,261,131
  66,072,109 58,843,052
Non-mark-up / interest expenses
Administrative expenses 22,986,683 21,014,641
Other provision / (reversal) - net 155,240 76,935
Other charges 937,153 979,225
Total non-mark-up / interest expenses 24,079,076 22,070,801
Share of profit of associates 795,607 581,771
Extra ordinary / unusual item - -
Profit before taxation 42,788,640 37,354,022
Taxation - current year 14,569,863 12,003,454
             - prior years 1,894,674 (1,074)
             - deferred 1,209,820 529,658
Share of tax of associates 79,171 47,538
  17,753,528 12,579,576
Profit after taxation 25,035,112 24,774,446
Profit attributable to minority interest (125,111) (118,859)
Profit attributable to ordinary share holders 24,910,001 24,655,587
Unappropriated profit brought forward 49,765,031 43,038,094
Transfer from surplus on revaluation of fixed assets - net of tax 49,162 47,941
  49,814,193 43,086,035
Profit available for appropriation 74,724,194 67,741,622
Basic and diluted earnings - after tax  Rupees per share 22.38 22.15
Auditor(s):

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