Financials -  Yearly
Citibank N.A., Pakistan
Balance Sheet
  As at December 31, 2016
(Rupees in ' 000)
 
Dec 31, 2016
Dec 31, 2015
Assets
Cash and balances with treasury banks 5,480,867 4,809,308
Balances with other banks 1,542,895 704,912
Lendings to financial institutions 13,325,003 8,464,057
Investments - net 66,676,243 48,585,117
Advances - net 21,421,510 21,389,597
Fixed assets 579,296 458,331
Deferred tax assets - net 133,999 201,088
Other assets 2,890,571 4,031,075
  112,050,384 88,643,485
Liabilities
Bills payable 2,524,303 1,766,257
Borrowings from financial institutions 18,394,904 7,003,479
Deposits and other accounts 75,076,382 61,742,683
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - -
Other liabilities 5,834,617 7,364,498
  101,830,206 77,876,917
Net assets 10,220,178 10,766,568
Represented by
Head office capital account 6,812,671 6,812,671
Reserves 168,704 164,791
Unremitted profit 3,174,345 3,602,788
  10,155,720 10,580,250
Surplus on revaluation of assets - net of tax 64,458 186,318
  10,220,178 10,766,568

Citibank N.A., Pakistan
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 5,719,091 5,961,665
Mark-up / return / interest expensed 2,894,239 2,347,225
Net mark-up / return / interest income 2,824,852 3,614,440
(Reversal) / provision against loans and advances - net (84,686) (175,184)
Bad debts (recovered) / written off directly - -
Provision against off-balance sheet obligations - net - 652
  (84,686) (174,532)
Net mark-up / interest income after provisions 2,909,538 3,788,972
Non mark-up / interest income
Fee, commission and brokerage income 816,831 471,785
Income from dealing in foreign currencies 1,837,474 1,156,910
Gain on sale of securities 1,528,416 2,119,939
Unrealised gain / (loss) on revaluation of investments classified as held for trading (7,202) (357,666)
Other income / (loss) 182,310 471,884
Total non mark-up / interest income - net 4,357,829 3,862,852
  7,267,367 7,651,824
Non mark-up / interest expense
Administrative expenses 1,979,939 1,930,627

Reversal of provision against appreciation / diminution in the value of non-banking assets - net

- (987)
Operating fixed assets written off - -
Other charges 95,999 63,077
Total non mark-up / interest expenses - net 2,075,938 1,992,717
Profit before taxation 5,191,429 5,659,107
Taxation - current 1,685,316 1,764,758
             - prior years 160,000 80,000
             - deferred 145,008 205,125
  1,990,324 2,049,883
Profit after taxation 3,201,105 3,609,224
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.