Financials -  Yearly
Sindh Bank Limited
Balance Sheet
  As at December 31, 2015
(Rupees in ' 000)
 
Dec 31, 2015
Dec 31, 2014
Assets
Cash and balance with treasury banks 5,297,608 5,066,350
Balance with other banks 1,086,079 537,713
Lendings to financial institutions 850,000 12,665,492
Investments - net 70,394,245 59,466,891
Advances - net 44,169,089 41,184,703
Operating fixed assets 1,899,077 1,811,990
Deferred tax assets - net 300,805 -
Other assets - net 4,245,212 4,138,341
  128,242,115 124,871,480
Liabilities
Bills payable 288,681 399,591
Borrowings 27,160,697 46,076,636
Deposits and other accounts 84,076,644 61,884,036
Sub ordinated loan - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net - 902,707
Other liabilities 1,957,703 1,506,116
  113,483,725 110,769,086
Net assets 14,758,390 14,102,394
Represented by
Share capital 10,000,000 10,000,000
Reserves 922,596 676,543
Unappropriated profit 3,076,915 2,100,911
  13,999,511 12,777,454
Surplus on revaluation of assets - net of tax 758,879 1,324,940
  14,758,390 14,102,394

Sindh 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 10,127,239 8,932,332
Mark-up / return / interest expensed 5,684,824 5,496,985
Net mark-up / return / interest income 4,442,415 3,435,347
Provision against non-performing loans and advances - net 2,519,865 19,078
Provision for diminution in the value of investments - net 490 -
Bad debts written off directly - -
  2,520,355 19,078
Net mark-up / return / interest income after provisions 1,922,060 3,416,269
Non mark-up / interest income
Fee commission and brokerage income 234,278 184,366
Dividend income 120,098 180,603
Income from dealing in foreign currencies 69,180 66,217
Gain on sale of securities - net 3,062,553 521,365
Unrealised gain on revaluation of investments classified as held-for-trading - -
Other income 5,729 3,914
 Total non mark-up / interest income 3,491,838 956,465
  5,413,898 4,372,734
Non mark-up / interest expense
Administrative expense 3,353,026 2,740,050
Other (reversals) / provision (4,418) 2,209
Other charges 13,791 18,789
Total non mark-up / interest expense 3,362,399 2,761,048
  2,051,499 1,611,686
Extraordinary / unusual items - -
Profit before taxation 2,051,499 1,611,686
Taxation - current 1,617,389 554,467
             - prior years 102,556 -
             - deferred (898,709) (22,260)
  821,236 532,207
 Profit after taxation 1,230,263 1,079,479
 Basic and diluted earnings per share - Rupees 1.23 1.08
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.