Financials -  Yearly
FINCA Microfinance Bank Limited
Balance Sheet
  As at December 31, 2016
(Rupees in ' 000)
 
Dec 31, 2016
Dec 31, 2015
Assets
Cash and balances with SBP and NBP 809,674,643 356,638,478
Balances with other banks / NBFIs / MFBs 1,248,484,930 409,990,696
Lending to financial institutions - -
Investments - net of provisions 1,885,328,850 1,039,196,250
Advances - net of provisions 10,082,263,974 5,418,675,734
Operating fixed assets 920,847,250 776,652,189
Other assets 664,957,569 283,848,386
Deferred tax asset 6,407,692 166,917,194
Total assets 15,617,964,908 8,451,918,927
Liabilities
Deposits and other accounts 11,069,655,852 6,057,364,103
Borrowings 1,350,001,756 115,000,880
Subordinated debt - -
Other liabilities 765,754,271 346,019,502
Deferred tax liabilities - -
Total liabilities 13,185,411,879 6,518,384,485
Net assets 2,432,553,029 1,933,534,442
Represented by
Share capital 6,348,887,110 6,348,887,110
Discount on issue of shares (4,089,040,293) (4,089,040,293)
Statutory reserve 195,022,579 68,843,467
Depositors protection fund 50,596,128 17,928,449
Accumulated loss (85,514,244) (431,381,215)
  2,419,951,280 1,915,237,518
Surplus on revaluation of fixed assets - -
Deferred grants 12,601,749 18,296,924
Total capital 2,432,553,029 1,933,534,442

FINCA Microfinance Bank Limited
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 2,986,050,035 1,899,753,877
Mark-up / return / interest expensed (647,592,697) (534,669,450)
Net mark-up / interest income 2,338,457,338 1,365,084,427
Provision against non performing loans and advances (156,750,377) (77,511,013)
Provision for diminution in the value of investments - -
Bad debts written off directly (62,460,438) (28,143,149)
  (219,210,815) (105,654,162)
Net mark-up / interest income after provisions 2,119,246,523 1,259,430,265
Non mark-up / non interest income
Fee, commission and brokerage income 441,395,783 283,396,327
Dividend income - -
Other income 110,193,663 42,775,745
Total non mark-up / non interest income 551,589,446 326,172,072
  2,670,835,969 1,585,602,337
Non mark-up / interest expenses
Administrative expenses (1,669,760,508) (1,322,012,402)
Other charges (13,480,144) (18,369,779)
Total non mark-up / interest expenses (1,683,240,652) (1,340,382,181)
Profit before taxation 987,595,317 245,220,156
Taxation - current (184,377,277) (21,831,502)
             - prior (10,676,354) -
             - deferred (161,646,128) (56,694,134)
  (356,699,759) (78,525,636)
Profit after taxation 630,895,558 166,694,520
Earning per share 0.99 0.31
Auditor(s):

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