Financials -  Yearly
First Women Bank Limited
Balance Sheet
  As at December 31, 2016
(Rupees in ' 000)
 
Dec 31, 2016
Dec 31, 2015
Assets
Cash and balances with treasury banks 1,081,532 1,066,852
Balances with other banks 112,042 170,453
Lendings to financial institutions 100,000 -
Investments - net 8,032,819 11,067,137
Advances - net 8,213,247 7,970,275
Operating fixed assets 337,077 337,357
Deferred tax assets - net 249,635 263,579
Other assets - net 394,212 470,969
  18,520,564 21,346,622
Liabilities
Bills payable 214,155 103,166
Borrowings 743,909 2,832,357
Deposits and other accounts 13,708,791 15,163,440
Subordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net - -
Other liabilities 373,187 414,495
  15,040,042 18,513,458
Net assets 3,480,522 2,833,164
Represented by
Share capital 3,494,113 2,894,113
Reserves 307,717 294,768
Accumulated loss (463,975) (489,622)
  3,337,855 2,699,259
Surplus / (deficit) on revaluation of assets - net of tax 142,667 133,905
  3,480,522 2,833,164

First Women 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 1,161,864 1,516,365
Mark-up / return / interest expensed 522,492 818,538
Net mark-up / interest income 639,372 697,827
Provision against non-performing loans and advances - net (17,667) 229,192
Reversal of diminution in the value of investments - (3,953)
Bad debts written off directly - -
  (17,667) 225,239
Net mark-up / interest income after provisions 657,039 472,588
Non mark-up / interest income
Fee, commission and brokerage income 54,223 38,817
Dividend income 24,812 19,989
Income from dealing in foreign currencies 13,757 29,178
Gain on sale of securities - net 94,086 295,957
Unrealized loss on revaluation of investments classified as held for trading - (264)
Other income - net 57,677 25,386
Total non mark-up / interest income 244,555 409,063
  901,594 881,651
Non mark-up / interest expenses
Administrative expenses 879,190 839,859
Other provisions 6,767 -
Other charges 11,584 7,520
Total non mark-up / interest expenses 897,541 847,379
Extra ordinary / unusual items - -
Profit / (loss) before taxation 4,053 34,272
Taxation - current year 13,927 18,946
             - prior years - (1,845)
             - deferred (21,196) (36,256)
  (7,269) (19,155)
Profit / (loss) after taxation 11,322 53,427
Accumulated loss brought forward (489,622) (552,114)
Remeasurement of post retirement benefits obligations 24,255 6,046
Transfer from surplus on revaluation of fixed assets - net of tax 3,019 3,019
Transfer to statutory reserves (12,949) -
  (475,297) (543,049)
Accumulated loss (463,975) (489,622)
Basic and diluted earnings per share - after tax 0.03 0.21
Auditor(s):

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