Financials -  Yearly
Advance Pakistan Microfinance Bank Limited
Balance Sheet
  As at December 31, 2016
(Rupees in ' 000)
 
Dec 31, 2016
Dec 31, 2015
Assets
Cash and balances with State Bank of Pakistan and National Bank Pakistan 12,248,428 17,391,327
Balances with other banks and microfinance banks 307,172,795 197,455,217
Lendings to financial institutions - -
Investments 59,116,980 -
Advances - net of provisions 207,597,516 181,224,398
Operating fixed assets 57,375,012 79,582,666
Other assets 27,479,642 26,176,366
Deferred tax asset 13,464,946 60,917,648
Total assets 684,455,319 562,747,622
Liabilities
Deposits and other accounts 21,469,277 14,627,163
Borrowings - -
Subordinated debt - -
Other liabilities 47,811,510 61,552,875
Deferred tax liabilities - -
Total liabilities 69,280,787 76,180,038
Net assets 615,174,532 486,567,584
Represented by
Share capital 974,000,000 800,000,000
Reserves - -
Accumulated loss (536,243,091) (330,356,206)
  437,756,909 469,643,794
Advance against issue of capital 166,163,100 -
Surplus/ (deficit) on revaluation of assets - -
Deferred grant 11,254,523 16,923,790
  615,174,532 486,567,584

Advance Pakistan Microfinance Bank Limited
Profit and Loss Account
  For the year ended December 31, 2016
(Rupees in ' 000)
 
Dec 31, 2016
Dec 31, 2015
Mark-up / return / interest earned 79,111,910 83,210,564
Mark-up / return / interest expensed (830,070) (551,591)
Net mark-up / interest income 78,281,840 82,658,973
Provision against non-performing advances 12,771,873 25,892,516
Provision for diminution in the value of investments - -
Bad debts written off - -
  12,771,873 25,892,516
Net mark-up / return / interest income after provisions 65,509,967 56,766,457
Non mark-up / non interest income
Fee, commission and brokerage income 17,100,408 11,623,781
Dividend income - -
Other income 6,541,346 8,987,682
Total non-mark-up / non-interest income 23,641,754 20,611,463
  89,151,721 77,377,920
Non mark-up / non interest expenses
Administrative expenses (243,716,179) (214,942,332)
Other provision / write offs - -
Other operating expenses (2,897,527) (69,887)
Other charges - -
Total non-mark-up / non interest expenses (246,613,706) (215,012,219)
Loss before taxation (157,461,985) (137,634,299)
Taxation - current (972,198) (948,343)
             - prior - (906)
             - deferred (47,452,702) 60,917,648
  (48,424,900) 59,968,399
Loss after taxation (205,886,885) (77,665,900)
Accumulated loss brought forward (330,356,206) (252,690,306)
Appropriations
Transfer to:    
Statutory reserve - -
Capital reserve - -
Depositor's protection fund - -
Revenue reserve - -
Proposed cash dividend - -
Accumulated loss carried forward (536,243,091) (330,356,206)
Earning per share - basic and diluted (Rupees) (2.32) (0.97)
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.