 |
 |
Financials - Yearly |
|
Standard Chartered Bank
(Pakistan) Limited
Balance Sheet
|
|
|
Assets |
Cash and balances with treasury banks |
40,729,979 |
29,482,134 |
Balances with other banks |
5,699,791 |
4,300,002 |
Lendings to financial institutions |
19,798,390 |
20,450,620 |
Investments |
245,850,227 |
231,837,351 |
Advances |
113,950,767 |
108,853,436 |
Operating fixed assets |
5,773,296 |
5,963,952 |
Intangible assets |
26,095,890 |
26,126,720 |
Other assets |
15,433,378 |
20,333,576 |
|
473,331,718 |
447,347,791 |
Liabilities |
Bills payable |
10,821,793 |
11,401,191 |
Borrowings |
14,400,841 |
21,784,451 |
Deposits and other accounts |
365,562,094 |
327,237,527 |
Sub-ordinated loans |
2,500,000 |
2,500,000 |
Deferred tax liabilities - net |
1,754,807 |
3,221,120 |
Other liabilities |
17,009,890 |
19,253,047 |
|
412,049,425 |
385,397,336 |
Net assets |
61,282,293 |
61,950,455 |
Represented by |
Share capital |
38,715,850 |
38,715,850 |
Reserves |
12,770,562 |
10,847,005 |
Unappropriated profit |
5,385,558 |
5,453,310 |
|
56,871,970 |
55,016,165 |
Surplus on revaluation of assets - net of
deferred tax |
4,410,323 |
6,934,290 |
|
61,282,293 |
61,950,455 |
Standard Chartered Bank (Pakistan) Limited
Profit and Loss Account
|
For the year ended December 31,
2016 |
|
|
|
|
Mark-up / return / interest earned |
28,395,001 |
32,937,559 |
Mark-up / return / interest expensed |
(9,009,663) |
(10,629,849) |
Net mark-up / return / interest income |
19,385,338 |
22,307,710 |
Recovery / (provision) against non-performing loans and advances -
net |
1,069,467 |
(1,616,385) |
Recovery of amounts written off |
224,126 |
245,573 |
Provision for diminution in the value of investments |
- |
(4,729) |
Bad debts written off directly |
(152,695) |
(181,865) |
|
1,140,898 |
(1,557,406) |
Net mark-up / return / interest income after provisions |
20,526,236 |
20,750,304 |
Non mark-up / non interest income |
Fees, commission and brokerage income |
3,329,942 |
3,671,329 |
Dividend income |
- |
14,977 |
Income from dealing in foreign currencies |
1,732,619 |
2,061,390 |
Gain on sale of securities - net |
1,543,649 |
1,015,697 |
Unrealized gain on revaluation of investments classified
as held for trading - net |
7,761 |
4,042 |
Other income |
548,804 |
329,689 |
Total non mark-up / non interest income |
7,162,775 |
7,097,124 |
|
27,689,011 |
27,847,428 |
Non mark-up / non interest expenses |
Administrative expenses |
(11,964,196) |
(12,104,946) |
Other (provisions) / reversals / asset write-offs |
(27,593) |
(3,164) |
Other charges |
(352,356) |
(354,699) |
Total non mark-up / non interest expenses |
(12,344,145) |
(12,462,809) |
|
15,344,866 |
15,384,619 |
Extra-ordinary / unusual items |
- |
- |
Profit before taxation |
15,344,866 |
15,384,619 |
Taxation - current |
(5,500,616) |
(5,105,573) |
- prior years |
(340,495) |
(697,323) |
- deferred |
114,030 |
(293,297) |
|
(5,727,081) |
(6,096,193) |
Profit after taxation |
9,617,785 |
9,288,426 |
Basic / diluted earnings per share |
2.48 |
2.40 |
|
Pakistan Banks' Association 2005. All
Rights Reserved. |
|