Financials - Yearly
 BankIslami Pakistan 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 8,921,433 9,035,889
Balances with other banks 1,324,167 2,016,267
Due from financial institutions - net 27,218,665 39,855,525
Investments - net 46,643,174 35,801,058
Islamic financing and related assets and Advance (net) 77,667,276 68,560,851
Operating fixed assets 9,412,129 8,902,021
Deferred tax assets - net 5,820,956 6,530,948
Other assets - net 4,985,840 3,947,331
  181,993,640 174,649,890
Liabilities
Bills payable 2,273,934 1,523,933
Due to financial institutions 6,066,307 3,197,770
Deposits and other accounts 153,826,348 152,661,140
Sub-ordinated loans - -
Deferred tax liabilities - -
Other liabilities 6,760,717 5,782,812
  168,927,306 163,165,655
Net assets 13,066,334 11,484,235
Represented by
Share capital 10,079,121 10,079,121
Discount on issue of shares (79,042) (79,042)
Reserves 613,636 523,176
Unappropriated profit / (loss) 518,942 (57,295)
Total equity attributable to equity holders of tha Bank 11,132,657 10,465,960
Non-controlling interest 192,350 189,855
  11,325,007 10,655,815
Surplus on revaluation of assets - net of tax 1,741,327 828,420
  13,066,334 11,484,235

BankIslami Pakistan Limited
 Consolidated Profit and Loss Account
  For the year ended December 31, 2016
(Rupees in ' 000)
 
Dec 31, 2016
Dec 31, 2015
Profit / return earned 10,115,839 8,831,175
Profit / return expensed 5,764,188 5,098,501
Net spread earned 4,351,651 3,732,674
Reversal of provision against non-performing Islamic financing and related assets - net (1,724,387) (639,523)
(Reversal of provision) / provision for diminution in the value of investments and placements - net (337,547) 5,586
Bad debts written off directly 32,008 25
  (2,029,926) (633,912)
Net spread after provisions 6,381,577 4,366,586
Other income
Fee, commission and brokerage income 361,536 410,112
Dividend income 24,245 3,303
Income from dealing in foreign currencies 42,808 82,403
Gain on sale of securities 97,772 12,003
Unrealised gain on revaluation of investments classified as 'held for trading' 678 -
Other income 73,673 64,119
Total other income 600,712 571,940
  6,982,289 4,938,526
Other expenses
Administrative expenses 6,154,969 5,058,057
Other provisions 68 162,299
Other charges 17,736 2,148
Total other expenses 6,172,773 5,222,504
  809,516 (283,978)
Profit / (loss) for the period from BIPL Securities Limited - net of tax 11,179 (14,489)
Share of profit from associates 216,291 134,837
Profit / (loss) before taxation 1,036,986 (163,630)
Taxation - current 106,229 99,469
             - prior years (20) 21,384
             - deferred 283,779 (197,098)
  389,988 (76,245)
Profit / (loss) after taxation 646,998 (87,385)
Attributable To:
Equity shareholders of the Bank 644,503 (84,107)
Non-controlling interest 2,495 (3,278)
  646,998 (87,385)
Basic earnings / (loss) per share 0.6394 (0.1046)
Diluted earnings / (loss) per share 0.6394 (0.1046)
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.