Financials -  Yearly
Pak Oman Microfinance bank  Limited
Balance Sheet
  As at December 31, 2015
(Rupees in ' 000)
 
Dec 31, 2015
Dec 31, 2014
Assets
Cash and balances with SBP and NBP 1,751,918 1,946,061
Balances with other banks / NBFIs / MFBs 22,164,318 5,997,359
Lendings to financial institutions 545,925,775 732,747,375
Investments - net of provisions 105,194,693 79,087,262
Advances - net of provisions 358,715,951 220,977,558
Operating fixed assets 37,085,008 21,928,127
Other assets 26,804,259 19,677,639
Deferred tax asset 29,541,475 32,570,525
Total Assets 1,127,183,397 1,114,931,906
Liabilities
Deposits and other accounts 24,844,675 22,127,649
Other liabilities 27,877,451 23,570,717
Deferred tax liabilities - -
Total Liabilities 52,722,126 45,698,366
Net assets 1,074,461,271 1,069,233,540
Represented by
Share capital 1,151,820,000 1,151,820,000
Statutory and general reserves 7,065,605 5,916,058
Depositors' protection fund 1,766,402 1,479,015
Accumulated losses (86,417,667) (89,608,443)
  1,074,234,340 1,069,606,630
Surplus / (Deficit) on revaluation of assets - net of deferred tax 226,931 (373,090)
  1,074,461,271 1,069,233,540

Pak Oman Microfinance Bank 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 168,664,524 119,803,388
Mark-up / return / interest expensed (250,356) (250,256)
Net mark-up / interest income 168,414,168 119,553,132
Provision against non-performing advances 13,178,363 1,512,106
Provision for diminution in the value of investments 4,853,640 1,508,467
Bad debts written off directly - -
  18,032,003 3,020,573
Net mark-up / return / interest income after provisions 150,382,165 116,532,559
Non mark-up / non interest income
Fee, commission and brokerage income 16,131,636 8,099,929
Dividend income 2,403,500 1,841,081
Other income 5,327,299 3,673,327
Total non markup / non-interest income 23,862,435 13,614,337
  174,244,600 130,146,896
Non mark-up / non interest expenses
Administrative expenses 162,456,986 128,958,495
Other provisions / write off - -
Other charges 316,255 23,302
Total non markup-up / non interest expenses 162,773,241 128,981,797
Extra ordinary / unusual items - -
Profit before taxation 11,471,359 1,165,099
Taxation - current 2,494,224 1,776,037
             - deferred 3,229,398 6,660,962
  5,723,622 8,436,999
Profit / (loss) after taxation 5,747,737 (7,271,900)
Accumulated losses brought forward (89,608,443) (82,579,033)
  (83,860,706) (89,850,933)
Appropriations:
Transfer to:    
Statutory reserve (1,149,547) -
Capital reserve - -
Depositors' protection fund (287,387) -
Revenue reserve - -
Proposed cash dividend - -
Accumulated losses carried forward (85,297,640) (89,850,933)
Earning / (Loss) per share - basic and diluted 0.056 (0.070)
Auditor(s):

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