Financials -  Yearly
The Bank of Punjab
Consolidated
Balance Sheet
  As at December 31, 2016
(Rupees in ' 000)
 
Dec 31, 2016
Dec 31, 2015
Assets
Cash and balances with treasury banks 35,756,024 26,190,481
Balances with other banks 3,765,867 4,512,033
Lendings to financial institutions 11,562,133 6,113,262
Investments - net 199,784,353 176,079,793
Advances - net 262,025,131 219,356,020
Operating fixed assets 7,692,675 6,484,312
Deferred tax assets - net 6,480,256 7,905,981
Other assets - net 18,152,867 25,641,447
  545,219,306 472,283,329
Liabilities
Bills payable 4,183,480 1,887,432
Borrowings 39,829,134 55,236,429
Deposits and other accounts 453,219,740 374,960,986
Sub-ordinated loans 4,500,000 2,000,000
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net - -
Other liabilities 15,627,465 15,520,719
  517,359,819 449,605,566
Net assets 27,859,487 22,677,763
Represented by
Share capital 15,551,132 15,551,132
Discount on issue of shares (263,158) (263,158)
Reserves 1,300,673 2,329,001
Share deposit money 7,000,000 7,000,000
Unappropriated profit / (accumulated loss) 663,927 (5,220,853)
  24,252,574 19,396,122
Surplus on revaluation of assets - net of tax 3,606,913 3,281,641
  27,859,487 22,677,763

The Bank of Punjab
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 29,671,465 31,262,880
Mark-up / return / interest expensed 17,430,154 20,198,798
Net mark-up / interest income 12,241,311 11,064,082
Provision against non-performing loans and advances - net 922,236 3,431,451
Provision for diminution in the value of investments - net 97,016 97,202
Bad debts written off directly - -
  1,019,252 3,528,653
Net mark-up / interest income after provisions 11,222,059 7,535,429
Non mark-up / interest income
Fee, commission and brokerage income 976,419 828,229
Dividend income 68,434 57,581
Income from dealing in foreign currencies 75,248 109,280
Gain on sale and redemption of securities - net 2,525,572 5,013,546
Unrealized loss on revaluation of investments classified as held for trading (1,176) (8,522)
Other income 1,658,284 1,635,064
Total non-markup / interest income 5,302,781 7,635,178
  16,524,840 15,170,607
Non mark-up / interest expenses
Administrative expenses 8,350,529 7,394,142
Provision against other assets 569,923 224,382
(Reversal of provision) / Provision against off balance sheet obligations (485,668) 32,274
Other charges 33,699 19,958
Total non mark-up / interest expenses 8,468,483 7,670,756
  8,056,357 7,499,851
Extra ordinary / unusual items - -
Profit before taxation 8,056,357 7,499,851
Taxation - current 961,670 389,782
             - prior years 364,259 143,953
             - deferred 1,866,508 2,248,317
  3,192,437 2,782,052
Profit after taxation 4,863,920 4717,799
Accumulated losses brought forward (5,220,853) (9,083,209)
Transfer from surplus on revaluation of fixed assets - net of tax 54,639 57,738
Transfer from surplus on revaluation of non banking assets - net of tax 2,513 -
Transfer from surplus on revaluation of fixed assets on disposal - 7,133
Transfer from statutory reserve to accumulated losses 2,000,000 -
Transfer to statutory reserve (971,672) (949,664)
Actuarial (loss) / gains on remeasurement recognized (64,620) 29,350
  (4,199,993) (9,938,652)
Unappropriated profit / (accumulated losses) carried forward 663,927 (5,220,853)
Basic earnings per share - Rupees 3.13 3.03
Diluted earnings per share - Rupees 3.13 3.03
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.