Financials -  Yearly
Pak china investment company limited
Statement of financial position
  As at December 31, 2016  
 
Dec 31, 2016
Dec 31, 2015
Assets
Cash and balances with treasury banks 2,080,940,035 116,864,752
Balances with other banks 3,086,523,031 2,033,472,081
Lendings to financial institutions 2,647,918,347 -
Investments 7,734,253,189 12,091,247,041
Advances 6,039,819,501 5,707,733,436
Opened fixed assets 177,302,573 183,466,497
Deferred tax assets 131,269,202 5,605,027
Other assets 620,213,706 411,026,743
  22,518,239,584 20,549,415,577
Liabilities
Bills payable - -
Borrowings 8,196,454,866 6,903,225,721
Deposits and other accounts - -
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - -
Other liabilities 195,701,401 84,984,474
  8,392,156,267 6,988,210,195
Net assets 14,126,083,317 13,561,205,382
Represented by
Share capital 9,116,400,000 9,116,400,000
Reserve 977,364,488 854,266,780
Unappropriated profit 3,907,167,079 3,414,776,247
  14,000,931,567 13,385,443,027
surplus on revaluation of assets 125,151,750 175,762,355
  14,126,083,317 13,561,205,382

Pak China Investment Company Limited
 Profit and Loss Account
  For the year ended December 31, 2016  
 
Dec 31, 2016
Dec 31, 2015
Mark-up / return / interest earned 990,161,388 1,550,371,207
Mark-up / return / interest expensed (293,493,410) (406,220,476)
Net mark-up / interest income 696,667,978 1,144,150,731
Provision against non-performing loans and advances (140,292,676) 48,809,814
Provision for diminution in the value of available-for-sale 71,805,000 72,980,757
Bad debts written off directly - -
  (68,487,676) 121,790,571
Net mark-up / interest income after provisions 765,155,654 1,022,360,160
Non mark-up / interest income
Fee, commission and brokerage income 65,700,276 29,787,079
Dividend income 1,000,000 -
Exchange gain 2,736,306 78,183,020
Income from dealing in foreign currency - -
Gain on sale of available-from-sale-securities 356,628,069 120,848,509
Unrealized gain / (loss) on revaluation of Investment classified as held-for-trading - -
Other income 9,446,952 8,818,007
Total non mark-up / interest income 435,511,603 237,636,615
Non mark-up / interest expenses
Administrative expenses 321,626,030 302,938,804
Impairment loss on available-for-sale investments 1,392,956 6,110,686
Other provisions / write offs 19,177,411 -
Other charges - 72,000
Total non mark-up / interest expenses 342,196,397 309,121,490
Extraordinary / unusual items - -
Profit before taxation 858,470,860 950,875,285
Taxation - current 285,199,975 294,674,656
             - prior years 35,391,315 26,857,606
             - deferred (77,249,821) 8,519,614
  243,341,469 330,051,876
Profit after taxation 615,129,391 620,823,409
Unappropriated profit brought forward 3,414,776,247 2,915,980,853
Profit available for appropriated 4,029,905,638 3,536,804,262
Basic and diluted earnings per share 0.67 6.68
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.