Financials -  Yearly
Sindh Bank Limited
Consolidated Balance Sheet
  As at December 31, 2016
(Rupees in ' 000)
 
Dec 31, 2016
Dec 31, 2015
Assets
Cash and balance with treasury banks 7,502,624 5,297,618
Balance with other banks 1,191,478 2,136,079
Lendings to financial institutions 6,938,610 400,000
Investments - net 70,889,737 69,644,245
Advances - net 51,901,838 44,169,089
Operating fixed assets 1,832,883 1,901,601
Deferred tax assets - net 1,190,077 301,887
Other assets - net 4,758,407 4,253,395
  146,205,654 128,103,914
Liabilities
Bills payable 714,212 288,681
Borrowings 8,910,738 27,160,697
Deposits and other accounts 118,843,374 83,920,800
Sub ordinated loan - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net - -
Other liabilities 2,178,767 1,960,133
  130,647,091 113,330,311
Net assets 15,558,563 14,773,603
Represented by
Share capital 10,010,130 10,000,000
Reserves 1,207,731 926,399
Unappropriated profit 4,206,670 3,088,325
  15,424,531 14,014,724
Surplus on revaluation of assets - net of tax 134,032 758,879
  15,558,563 14,773,603

Sindh Bank 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 9,821,409 10,129,122
Mark-up / return / interest expensed 5,356,366 5,648,204
Net mark-up / return / interest income 4,465,043 4,480,918
Provision against non-performing loans and advances - net 1,608,142 2,519,865
Provision for diminution in the value of investments - net - 490
Bad debts written off directly - -
  1,608,142 2,520,355
Net mark-up / return / interest income after provisions 2,856,901 1,960,563
Non mark-up / interest income
Fee commission and brokerage income 358,828 234,278
Dividend income 141,517 120,098
Income from dealing in foreign currencies 52,754 69,180
Gain on sale of securities - net 2,933,656 3,062,553
Unrealised gain on revaluation of investments classified as held-for-trading - -
Other income 9,211 5,729
 Total non mark-up / interest income 3,495,966 3,491,838
  6,352,867 5,452,401
Non mark-up / interest expense
Administrative expense 3,903,667 3,368,124
Other (reversals) / provision against other assets - (4,418)
Other charges 525 13,791
Total non mark-up / interest expense 3,904,192 3,377,497
  2,448,675 2,074,904
Extraordinary / unusual items - -
Profit before taxation 2,448,675 2,074,904
Taxation - current 1,411,821 1,626,663
             - prior years 185,359 102,556
             - deferred (551,796) (899,791)
  1,045,384 829,428
 Profit after taxation 1,403,291 1,245,476
 Basic and diluted earnings per share (Rupees) 1.40 1.25
Auditor(s):

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