Financials -  Yearly
Pak Brunei Investment Company Limited
Consolidated Balance Sheet
  As at December 31, 2016
(Rupees in ' 000)
 
Dec 31, 2016
Dec 31, 2015
Assets
Cash and balances with treasury banks 322,004 102,304
Balances with other banks 1,951,008 487,887
Lendings to financial institutions 498,065 -
Investments 16,658,646 16,765,721
Advances 13,996,733 10,243,680
Operating fixed assets 24,122 49,584
Deferred tax assets 101,224 66,529
Other assets 1,011,012 1,495,943
  34,562,814 29,211,648
Liabilities
Bills payable - -
Borrowings 20,492,898 14,543,592
Deposits and other accounts 2,913,488 4,218,289
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - -
Other liabilities 614,625 708,302
  24,021,011 19,470,183
Net assets 10,541,803 9,741,465
Represented by
Share capital 6,000,000 6,000,000
Reserves 1,257,721 1,065,388
Unappropriated profit 3,346,142 2,716,198
  10,603,863 9,781,586
Surplus on revaluation of assets - net of tax (62,060) (40,121)
  10,541,803 9,741,465

Pak Brunei Investment Company Limited
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 1,591,498 1,837,519
Mark-up / return / interest expensed 1,083,660 1,278,615
Net mark-up / interest income 507,838 558,904
Provision against non-performing loans and advances 79,717 153,509
Provision for diminution in the value of investments 17,394 25,670
Bad debts written off directly -

-

  97,111 179,179
Net mark-up / interest income after provisions 410,727 379,725
Non mark-up / interest income
Fee, commission and brokerage income 111,493 19,312
Dividend income 113,693 57,751
Income from dealing in foreign currencies - -
Gain on sale of securities - net 530,007 700,490
Unrealized loss on revaluation of investments classified as held-for-trading (782) (7,186)
Other (expense) / income (2,969) 8,057
Total non-markup / interest income 751,442 778,424
  1,162,169 1,158,149
Non mark-up / interest expenses
Administrative expenses 381,181 309,956
Others provisions / write off (50,000) -
Other charges 1,085 -
Total non-markup / interest expenses 332,266 309,956
  829,903 848,193
Share of profit of associates 558,496 417,120
Profit before taxation from continuing operations 1,388,399 1,265,313
Taxation - current 331,774 468,290
Taxation - prior years 50,171 23,782
Taxation - deferred (1,791)

(129,196)

  380,154

362,876

Profit after taxation for the year from continuing operations 1,008,245 902,437
Discontinued operations
Profit after tax for the year from discontinued operations 9,495 27,392
  1,017,740 929,829
Attributable to:
Equity shareholders of the Holding company 1,017,740 929,829
Non-controlling interest - -
  1,017,740 929,829
Earnings per share - basic and diluted 1.70 1.60
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.