Financials -  Yearly Summit Bank Limited Consolidated Balance Sheet   As at December 31, 2015 (Rupees in ' 000)   Dec 31, 2015 Dec 31, 2014 Assets Cash and balances with treasury banks 10,539,924 9,383,948 Balances with other banks 2,919,394 4,377,298 Lendings to financial institutions 1,459,868 650,000 Investments 77,557,913 45,329,692 Advances 70,554,280 66,454,697 Operating fixed assets 9,608,669 7,607,167 Deferred tax assets - net 5,545,433 5,584,805 Other assets 10,180,214 9,056,687   188,365,695 148,444,294 Liabilities Bills payable 2,728,797 1,531,639 Borrowings 49,755,998 25,312,661 Deposits and other accounts 119,742,108 105,222,446 Sub-ordinated loans 1,497,240 1,497,930 Liabilities against assets subject to finance lease - - Deferred tax liabilities - - Other liabilities 2,693,008 2,547,644   176,417,151 136,112,320 Net assets 11,948,544 12,331,974 Represented by Share capital 10,779,796 10,779,796 Convertible preference shares 2,155,959 2,155,959 Advance against subscription of shares 7,006,867 7,506,867 Reserves (1,722,341) (1,765,785) Accumulated losses (7,430,321) (7,689,076)   10,789,960 10,987,761 Surplus on revaluation of assets - net of deferred tax 1,158,584 1,344,213   11,948,544 12,331,974 Summit Bank Limited 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 10,709,851 9,828,995 Mark-up / return / interest expensed (7,653,842) (7,392,589) Net mark-up / interest income 3,056,009 2,436,406 Provision against non-performing loans and advances - net (1,195,844) (76,920) Provision for diminution in the value of investments - net (375,398) (476,099) Bad debts written off directly (4,166) (10,055)   (1,575,408) (563,074) Net mark-up / interest income after provisions 1,480,601 1,873,332 Non mark-up / interest income Fee, commission and brokerage income 1,272,680 1,183,067 Dividend income 79,784 37,740 Income from dealing in foreign currencies 534,090 506,237 Gain on sale of securities - net 2,443,376 1,351,481 Gain on disposal of operating fixed assets - net 2,895 38,724 Unrealised loss on revaluation of investments classified as held-for-trading - net (13,498) (749) Other income 104,122 88,503 Total non-markup / interest income 4,423,449 3,205,003   5,904,050 5,078,335 Non mark-up / interest expenses Administrative expenses (5,188,247) (4,971,020) Other provisions / write-offs 8,079 (41,573) Other charges (30,989) (30,171) Total non-markup / interest expenses (5,211,157) (5,042,764)   692,893 35,571 Extra ordinary / unusual items - - Profit before taxation 692,893 35,571 Taxation - current (137,032) (122,029)              - prior years (57) (1,855)              - deferred (317,601) 329,933   (454,690) 206,049 Profit after taxation 238,203 241,620 Basic earnings per share 0.16 0.16 Diluted earnings per share 0.10 0.12 Auditor(s): Pakistan Banks' Association 2005. All Rights Reserved.