Financials -  Yearly
Pak China Investment Company Limited
Balance Sheet
  As at December 31, 2015  
 
Dec 31, 2015
Dec 31, 2014
Assets
Cash and balances with treasury banks 116,864,752 51,866,670
Balances with other banks 2,033,472,081 1,882,251,126
Lendings to financial institutions - -
Investments 12,091,247,041 11,288,944,291
Advances 5,707,733,436 5,956,904,391
Opened fixed assets 183,466,497 199,423,479
Deferred tax assets 5,605,027 42,618,010
Other assets 411,026,743 585,565,449
  20,549,415,577 20,007,573,416
Liabilities
Bills payable - -
Borrowings 6,903,225,721 6,741,689,007
Deposits and other accounts - 250,000,000
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - -
Other liabilities 84,984,474 68,022,634
  6,988,210,195 7,059,711,641
Net assets 13,561,205,382 12,947,861,775
Represented by
Share capital 9,116,400,000 9,116,400,000
Reserve 854,266,780 729,567,931
Unappropriated profit 3,414,776,247 2,915,980,853
  13,385,443,027 12,761,948,784
surplus on revaluation of assets 175,762,355 185,912,991
  13,561,205,382 12,947,861,775

Pak China Investment Company Limited
 Profit and Loss Account
  For the year ended December 31, 2015  
 
Dec 31, 2015
Dec 31, 2014
Mark-up / return / interest earned 1,550,371,207 1,331,381,383
Mark-up / return / interest expensed (406,220,476) (219,807,396)
Net mark-up / interest income 1,144,150,731 1,111,573,987
Provision against non-performing loans and advances 48,809,814 77,505,133
Provision for diminution in the value of available-for-sale investments 72,980,757 72,848,000
Bad debts written off directly - -
  121,790,571 150,353,133
Net mark-up / interest income after provisions 1,022,360,160 961,220,854
Non mark-up / interest income
Fee, commission and brokerage income 29,787,079 19,462,951
Dividend income - 8,984,259
Exchange (loss) / gain 78,183,020 (79,308,241)
Income from dealing in foreign currency - -
Gain on sale of available-from-sale-securities 120,848,509 62,000,470
Unrealized gain / (loss) on revaluation of investment classified as held for trading - -
Other income 8,818,007 8,256,891
Total non mark-up / interest income 237,636,615 19,396,330
Non mark-up / interest expense
Administrative expenses 302,938,804 325,677,990
Impairment loss on available-for-sale investments 6,110,686 35,700,000
Other provisions / write offs - -
Other charges 72,000 435,000
Total non mark-up / interest expenses 309,121,490 361,812,990
Extraordinary / unusual items - -
Profit before taxation 950,875,285 618,804,194
Taxation - current 294,674,656 255,360,009
             - prior years 26,857,606 (37,500,000)
             - deferred 8,519,614 (68,465,207)
  330,051,876 149,394,802
Profit after taxation 620,823,409 469,409,392
Unappropriated profit brought forward 2,915,980,853 2,538,559,412
Profit available for appropriated 3,536,804,262 3,007,968,804
Basic and diluted earning per share 0.68 0.51
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.