Financials -  Yearly
PAIR Investment Company Limited
Balance Sheet
  As at December 31, 2015
(Rupees in ' 000)
 
Dec 31, 2015
Dec 31, 2014
Assets
Cash and balances with treasury banks 46,114 33,303
Balances with other banks 215,426 261,059
Lendings to financial institutions - -
Investments 18,807,372 14,114,870
Advances 3,502,948 3,592,178
Operating fixed assets 191,311 210,352
Deferred tax assets - net 259,691 272,920
Other assets 198,415 259,534
  23,221,277 18,744,216
Liabilities
Bills payable - -
Borrowings 11,652,435 9,221,225
Deposits and other accounts 1,890,502 386,060
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - -
Other liabilities 484,862 343,353
  14,027,799 9,950,638
Net assets 9,193,478 8,793,578
Represented by
Share capital 6,000,000 6,000,000
Reserves 673,449 553,966
Unappropriated profit 2,390,166 2,063,575
  9,063,615 8,617,541
Surplus on revaluation of assets - net of deferred tax 129,863 176,037
  9,193,478 8,793,578

PAIR Investment Company Limited
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 1,509,674 1,233,407
Mark-up / return / interest expensed 627,125 508,046
Net mark-up / interest income 882,549 725,361
Provision against non performing loans and advances 36,247 325,224
(Reversal) / Provision for diminution in the value of investments (19,298) 25,335
  16,949 350,559
Net mark-up / interest income after provisions 865,600 374,802
Non mark-up / interest income
Fee, commission and brokerage income 13,825 14,985
Dividend income 30,260 27,125
Gain / (Loss) in from dealing in foreign currencies 542 (669)
Gain on sale of securities - net 313,567 327,977
Unrealised gain / (loss) on revaluation of investments classified as held for trading - net 738 958
Other income 828 1,969
Total non mark-up / interest income 359,760 372,345
Non mark-up / interest expenses
Administrative expenses 302,183 285,046
Other provisions / write offs - -
Other charges / (reversal) - net (154) (1,896)
Total non mark-up / interest expenses 302,029 283,150
  923,331 463,997
Extra ordinary / unusual items - -
Profit before taxation 923,331 463,997
Taxation - current 267,480 213,635
             - prior year 42,925 -
             - deferred 15,512 (101,507)
  325,917 112,128
Profit after taxation 597,414 351,869
Unappreprated brought forward 2,063,575 1,781,247
Profit available for appropriation 2,660,989 2,133,116
Basic and diluted earnings per share - (Rupees) 1.00 0.59
Auditor(s):

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