Financials -  Yearly
SME Bank Ltd
 Consolidated Balance Sheet
  As at December 31, 2015
(Rupees in ' 000)
 
Dec 31, 2015
Dec 31, 2014
Assets
Cash and balances with treasury banks 390,101 366,873
Balances with other banks 3,315 7,318
Lendings to financial institutions 885,000 215,000
Investments 4,051,558 1,379,486
Advances 3,166,833 3,402,772
Operating fixed assets 129,581 141,955
Deferred tax assets - -
Other assets 356,489 217,204
  8,982,877 5,730,608
Liabilities
Bills payable 114,107 58,298
Borrowings 2,889,058 777,433
Deposits and other accounts 4,768,752 3,342,155
Liability against assets subject to finance lease 1,975 3,173
Other liabilities 748,437 739,925
  8,522,329 4,920,984
Net assets 460,548 809,624
Represented by
Share capital 2,392,507 2,392,507
Reserves 234,660 234,660
Unappropriated loss (2,275,143) (1,939,100)
  352,024 688,067
Non-controlling interest 52,765 57,070
  404,789 745,137
Surplus on revaluation of securities 55,759 64,487
  460,548 809,624

SME Bank Ltd
Consolidated 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 715,659 819,048
Mark-up / return / interest expensed 436,487 542,878
Net mark-up / interest income 279,172 276,170
Provision against non-performing loans and advances - net (68,842) 68,716
Provision for diminution in the value of investments - -
Bad debts written off directly - -
  (68,842) 68,716
Net markup / interest income after provisions 348,014 207,454
Non mark-up / interest income
Fee, commission and brokerage income 11,022 10,586
Dividend income 1,395 906
Income from dealing in foreign currencies - -
Gain on sale of securities 32,536 73,434
Unrealized gain on revaluation of investments classified as held for trading - -
Other income 3,287 2,686
Total non mark-up / interest income 48,240 87,612
  396,254 295,066
Non mark-up / interest expense
Administrative expenses 682,821 634,381
Other provisions / write offs 8,282 37,068
Other charges 826 831
Total non mark-up / interest expenses 691,929 672,280
Loss before taxation (295,675) (377,214)
Taxation - current 7,866 9,204
             - prior (4,073) -
             - deferred - -
  3,793 9,204
Loss after taxation (299,468) (386,418)
Attributable to:
Equity holders of the Bank (294,818) (383,451)
Non-controlling interest (4,650) (2,967)
  (299,468) (386,418)
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.