Financials -  Yearly
Standard Chartered Bank (Pakistan) Limited
Balance Sheet
  As at December 31, 2016
(Rupees in ' 000)
 
Dec 31, 2016
Dec 31, 2015
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
(Rupees in ' 000)
 
Dec 31, 2016
Dec 31, 2015
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
Auditor(s):

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