Financials -  Yearly
Askari Bank Limited
Consolidated Balance Sheet
  As at December 31, 2016
(Rupees in ' 000)
 
Dec 31, 2016
Dec 31, 2015
Assets
Cash and balances with treasury banks 42,568,141 29,685,228
Balances with other banks 5,845,748 8,358,930
Lendings to financial institutions 6,836,584 812,898
Investments 295,846,254 268,048,928
Advances 235,163,922 199,936,549
Operating fixed assets 11,019,555 9,278,150
Other assets 21,596,324 20,068,057
  618,876,528 536,188,740
Assets attributable to discontinued operations 796,570 -
  619,673,098 536,188,740
Liabilities
Bills payable 8,579,809 6,094,885
Borrowings 89,261,788 57,323,250
Deposits and other accounts 472,803,094 433,130,465
Sub-ordinated loans 4,994,800 4,996,800
Liabilities against assets subject to finance lease - -
Deferred tax liabilities 526,430 71,590
Other liabilities 10,386,352 7,497,960
  586,552,273 509,114,950
Liabilities associated with discontinued operations 267,254 -
  586,819,527 509,114,950
Net assets 32,853,571 27,073,790
Represented by
Share capital 12,602,602 12,602,602
Reserves 8,855,953 6,445,888
Unappropriated profit 4,090,445 2,948,581
  25,549,000 21,997,071
Non-controlling interest 37,908 35,580
  25,586,908 22,032,651
Surplus on revaluation of assets - net of tax    
Continued operations 7,219,456 5,041,139
Discontinued operations 47,207 -
  32,853,571 27,073,790

Askari Bank Limited
Consolidated 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 35,512,309 36,592,093
Mark-up / return / interest expensed 20,496,316 21,688,045
Net mark-up / interest income 15,015,993 14,904,048
Provision / (reversal) against non-performing loans and advances - net (729,441) 315,840
Impairment loss on available for sale investments 22,565 217,243
Provision for diminution in the value of investments - net 48,052 345,969
Bad debts written off directly - -
  (658,824) 879,052
Net mark-up / interest income after provisions 15,674,817 14,024,996
Non mark-up / interest income
Fee, commission and brokerage income 2,155,856 1,732,140
Dividend income 304,850 302,721
Income from dealing in foreign currencies 639,827 834,956
Gain on sale of securities - net 3,526,687 3,098,415
Unrealized gain / (loss) on revaluation of investments classified as held for trading - net - -
Other income 479,102 573,477
Total non-markup / interest income 7,106,322 6,541,709
  22,781,139 20,566,705
Non mark-up / interest expenses
Administrative expenses 14,073,084 12,009,457
Other provisions / write offs 3,260 49,671
Other charges 221,535 216,639
Total non-markup / interest expenses 14,297,879 12,275,767
  8,483,260 8,290,938
Extra ordinary / unusual items - -
Profit before taxation 8,483,260 8,290,938
Taxation - current (2,129,263) (2,329,796)
             - prior years (266,425) (416,000)
             - deferred (860,625) (642,481)
  (3,256,313) (3,388,277)
Profit after taxation - continued operations 5,226,947 4,902,661
Profit after taxation - discontinued operations 4,362 41,326
  5,231,309 4,943,987
Attributable to:
Equity holders of the bank 5,228,775 4,940,255
Non-controlling interest 2,534 3,732
  5,231,309 4,943,987
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.