Financials -  Yearly
U Microfinance Bank Limited
Balance Sheet
  As at December 31, 2016
(Rupees in ' 000)
 
Dec 31, 2016
Dec 31, 2015
Assets
Cash and balances with SBP and NBP 470,734,405 136,676,155
Balances with other Banks/ NBFIs/ MFBs 2,391,207,419 555,408,074
Investments 1,130,131,255 180,482,925
Advances - net of provisions 5,528,421,228 912,901,433
Operating fixed assets 303,027,259 222,412,762
Other assets 683,128,491 165,016,473
Deferred tax asset 85,066,133 98,024,114
Total assets 10,591,716,190 2,270,921,936
Liabilities
Deposits 8,109,923,603 1,065,315,613
Borrowings 1,000,000,000 -
Other liabilities 359,326,176 157,550,566
Total liabilities 9,469,249,779 1,222,866,179
Net assets 1,122,466,411 1,048,055,757
Represented by
Share capital 1,285,714,290 1,285,714,290
Discount on issue of share capital (25,714,290) (25,714,290)
Statutory and other reserve 22,137,467 4,049,326
Accumulated loss (160,733,099) (214,997,521)
  1,121,404,368 1,049,051,805
Surplus / (Deficit) on revaluation of assets 1,062,043 (996,048)
Total capital 1,122,466,411 1,048,055,757

U Microfinance 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 1,051,487,448 236,598,470
Mark-up / return / interest expensed (428,307,584) (53,889,637)
Net mark-up / interest income 623,179,864 182,708,833
Provision against non-performing advances (44,490,290) (4,957,366)
Net mark-up / interest income after provisions 578,689,574 177,751,467
Non mark-up / non interest income
Fee, commission and brokerage income 312,449,856 282,773,470
Other income 5,067,159 755,970
Gain on sale of investments 1,463,600 37,424,225
Total non mark-up / non interest income 318,980,615 320,953,665
  897,670,189 498,705,132
Non mark-up / non interest expenses
Administrative expenses 801,942,379 468,366,192
Operating fixed assets written off 154,867 419,337
  802,097,246 468,785,529
Profit before taxation 95,572,943 29,919,603
Worker welfare fund 1,911,458 598,392
  93,661,485 29,321,211
Taxation - current (9,232,980) (17,169,471)
             - deferred (12,075,942) (4,121,735)
  (21,308,922) (21,291,206)
Profit after taxation 72,352,563 8,030,005
items not to be classified to profit and loss account in subsequent periods - net of tax - (830,346)
Accumulated loss brought forward (214,997,521) (220,189,679)
  (142,644,958) (212,990,020)
Attributable to:
Transfer to:    
Statutory reserves 14,470,513 1,606,001
Depositor's protection fund 3,617,628 401,500
  18,088,141 2,007,501
Accumulated loss carried forward (160,733,099) (214,997,521)
Earnings per share 0.56 0.06
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.