Financials -  Yearly
Soneri Bank Limited
Balance Sheet
  As at December 31, 2016
(Rupees in ' 000)
 
Dec 31, 2016
Dec 31, 2015
Assets
Cash and balances with treasury banks 18,278,840 16,718,428
Balances with other banks 822,689 1,634,544
Lendings to financial and other institutions 5,536,577 3,093,938
Investments - net 117,883,960 108,846,113
Advances - net 125,305,765 112,001,752
Operating fixed assets 5,138,424 4,956,732
Deferred tax assets - net - -
Other assets - net 5,554,451 6,090,322
  278,520,706 253,341,829
Liabilities
Bills payable 3,254,243 2,706,274
Borrowings 38,905,078 39,875,623
Deposits and other accounts 210,839,646 185,222,383
Sub-ordinated loans 2,998,800 3,000,000
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net 1,137,530 1,417,042
Other liabilities 3,096,182 2,928,565
  260,231,479 235,149,887
Net assets 18,289,227 18,191,942
Represented by
Share capital 11,024,636 11,024,636
Reserves 1,423,829 1,049,465
Discount on issue of right shares - (1,001,361)
Unappropriated profit 3,496,305 4,263,217
  15,944,770 15,335,957
Surplus on revaluation of assets - net of tax 2,344,457 2,855,985
  18,289,227 18,191,942

Soneri Bank 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 17,524,408 18,319,732
Mark-up / return / interest expensed (10,680,270) (10,722,265)
Net mark-up / return / interest income 6,844,138 7,597,467
Provision against loans and advances - net 31,072 1,034,602
Reversal of provision against diminution in the value of investments - net (6,941) (9,277)
Bad debts written off directly - net 276 3,916
  24,407 1,029,241
Net mark-up / return / interest income after provisions 6,819,731 6,568,226
Non mark-up / interest income
Fee, commission and brokerage income 1,286,185 1,336,066
Dividend income 192,429 160,253
Income from dealing in foreign currencies - net 290,364 472,787
Gain on sale of securities - net 945,150 1,126,369
Unrealised loss on revaluation of investments classified as 'held for trading' - net (6,484) (2,453)
Other income 28,593 57,361
Total non-markup / interest income 2,736,237 3,150,383
  9,555,968 9,718,609
Non mark-up / interest expenses
Administrative expenses 6,388,894 5,972,315
Provision against other assets - net 30 66
Other charges 89,705 150,621
Total non-markup / interest expenses 6,478,629 6,123,002
  3,077,339 3,595,607
Extra ordinary / unusual items - -
Profit before taxation 3,077,339 3,595,607
Taxation - current 1,099,377 1,402,494
Taxation - prior years 161,371 98,199
Taxation - deferred (62,253) (117,854)
  1,198,495 1,382,839
Profit after taxation 1,878,844 2,212,768
Basic and diluted earnings per share 1.7042 2.0071
Auditor(s):

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