Financials - Yearly
 Pakistan Kuwait Investment Company (Private) Limited
Balance Sheet
  As at December 31, 2015
(Rupees in ' 000)
 
Dec 31, 2015
Dec 31, 2014
Assets
Cash and balances with treasury banks 63,957 53,667
Balances with other banks 20,718 20,335
Lendings to financial institutions - 28,000
Investments 22,142,622 20,901,562
Advances 5,113,644 2,797,928
Operating fixed assets 169,034 188,609
Deferred tax assets - -
Other assets 857,012 644,072
  28,366,987 24,634,173
Liabilities
Bills payable - -
Borrowings 6,246,955 3,557,518
Deposits and other accounts 179,750 397,790
Subordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities 857,838 647,311
Other liabilities 466,550 415,874
  7,751,093 5,018,493
Net assets 20,615,894 19,615,680
Represented by
Share capital 6,000,000 6,000,000
Reserves 5,748,570 5,200,005
Unappropriated profit 7,978,238 7,312,036
  19,726,808 18,512,041
Surplus on revaluation of 'available-for-sale' securities - net of tax 889,086 1,103,639
  20,615,894 19,615,680

 Pakistan Kuwait Investment Company (Private) 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 1,229,530 1,408,799
Mark-up / return / interest expensed 365,227 619,925
Net mark-up / interest income 864,303 788,874
Reversal of provision against non-performing loans and advances - net (60,021) (169,159)
Provision for diminution / impairment in the value of investments 494,741 6,146
Bad debts written off directly - -
  434,720 (163,013)
Net mark-up / interest income after provisions 429,583 951,887
Non mark-up / interest income
Fee, commission and brokerage income 13,812 1,162
Dividend income 344,121 283,886
Income from dealing in foreign currencies - -
Gain on sale of securities 352,871 381,951
Unrealised loss on revaluation of 'held-for-trading' securities (2,026) -
Share in results of associates - net 1,886,303 2,104,759
Other income 24,840 30,569
Total non mark-up / interest income 2,619,921 2,802,327
Non mark-up / interest expenses
Administrative expenses 545,222 558,394
Other provisions / write offs - -
Other charges 30 456
Total non mark-up / interest expenses 545,252 558,850
Extra ordinary / unusual items - -
Profit before taxation 2,504,252 3,195,364
Taxation - current 394,067 317,271
             - prior years - -
             - deferred 281,635 200,413
  675,702 517,684
Profit after taxation 1,828,550 2,677,680
Basic earnings per share (on share of Rs. 25,000 each) 7,619 11,157
Diluted earnings per share (on share of Rs. 25,000 each) 7,619 11,157
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.