Financials -  Yearly       House Building Finance Company Limited Balance Sheet    As at December 31, 2016     Dec 31, 2016 Dec 31, 2015 Assets Cash and balances with treasury banks 121,378 82,376 Balances with other banks 650,310 107,638 Lendings to financial institutions 400,188 - Investments - net 6,841,040 7,729,999 Advances - net 11,816,929 11,512,906 Opened fixed assets 315,461 373,236 Deferred tax assets - - Other assets 761,165 876,296   20,906,471 20,682,451 Liabilities Bills payable - - Borrowings - 11,242,300 Deposits and other accounts - - Sub-ordinated loans - - Liabilities against assets subject to finance lease - - Deferred tax liabilities - - Other liabilities 6,587,429 10,194,912   6,587,429 21,437,212 Net assets 14,319,042 (754,761) Represented by Share capital 3,001,000 3,001,000 Reserves 713,662 713,662 Accumulated loss (5,757,934) (4,789,697)   (2,043,272) (1,075,035) Conversion of liabilities into share capital 16,364,000 - Advance against issue of capital - 218,143 (Deficit) / surplus on revaluation of assets (1,686) 102,131   14,319,042 (754,761)  House Building Finance Company Limited  Profit and Loss Account   For the year ended December 31, 2016     Dec 31, 2016 Dec 31, 2015 Rental / Mark-up / return / interest income 2,606,851 2,509,819 Rental / Mark-up / return / interest expensed (1,068,019) (1,068,019) Rental / mark-up / return / interest income - net 1,538,832 1,441,800 Provision made against non-performing advances - net (869,068) (566,180) Reversal of provision against lendings to finance institutions 17,619 - Reversal of Provision against diminution in value of investments - net - 39,101 Reversal of Provision against impairment of investment in a associate - 35,507   (851,449) (491,572) Reconciliation adjustments (847) 9.562) Relief package and reprocessing adjustments (9,891) (22,402) Write-off against advances (650) -   675,995 918,264 Non mark-up / interest income Fee, commission and brokerage income - - Dividend income - - Income from dealing in foreign currency - - Gain on sale of securities 7,920 4,882 Unrealized gain / (loss) on revaluation of investment classified as held for trading - - Other income 273,250 56,739 Total non-mark-up / interest income 281,170 61,621   957,165 979,885 Non mark-up / interest expense Administrative expenses (1,758,099) (1,703,525) Other provisions (32,367) (7,536) Other charges (9,552) (7,303) Total non mark-up / interest expenses (1,800,018) (1,718,364)   (842,853) (738,479) Extraordinary / unusual items - - Share of profit before taxation from associate 9,986 9,774 Loss before allocation for state bank of pakistan share (835,867) (728,705) State bank of pakistan share of profit on credit lines - - Loss before taxation (835,867) (728,705) Taxation (30,083) (123,255) Loss after taxation (865,950) (851,960) Basic & diluted earnings per share - Rupees (2.89) (2.84) Auditor(s): Pakistan Banks' Association 2005. All Rights Reserved.