Financials -  Yearly
Askari Bank Limited
Consolidated Statement of Financial Position
  As at December 31, 2017
(Rupees in ' 000)
 
2017
2016
Assets
Cash and balances with treasury banks 44,239,325 42,568,141
Balances with other banks 3,193,835 5,845,748
Lendings to financial institutions 2,250,000 6,836,584
Investments 314,956,748 295,846,254
Advances 258,693,086 235,163,922
Operating fixed assets 10,728,827 11,019,555
Deferred tax assets 100,755 -
Other assets 22,465,073 21,596,324
  656,627,649 618,876,528
Assets attributable to discontinued operations 327,949 796,570
  656,955,598 619,673,098
Liabilities
Bills payable 10,769,262 8,579,809
Borrowings 71,587,311 89,261,788
Deposits and other accounts 525,805,051 472,803,094
Sub-ordinated loans 4,992,800 4,994,800
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - 526,430
Other liabilities 11,115,197 10,386,352
  624,269,621 586,552,273
Liabilities associated with discontinued operations 140,741 267,254
  624,410,362 586,819,527
Net assets 32,545,236 32,853,571
Represented by
Share capital 12,602,602 12,602,602
Reserves 12,139,921 8,855,953
Unappropriated profit 2,703,887 4,090,445
  27,446,410 25,549,000
Non-controlling interest 44,353 37,908
  27,490,763 25,586,908
Surplus on revaluation of assets - net of tax    
Continued operations 5,034,596 7,219,456
Discontinued operations 19,877 47,207
  32,545,236 32,853,571

Askari Bank Limited
Consolidated Profit And Loss Account
  For the year ended December 31, 2017
(Rupees in ' 000)
 
2017
2016
Mark-up / return / interest earned 36,267,220 35,408,195
Mark-up / return / interest expensed 20,071,958 20,496,316
Net mark-up / interest income 16,195,262 14,911,879
Reversal of provision against non-performing loans and advances - net (1,189,533) (729,441)
Impairment loss on available for sale investments 30,047 22,565
Provision for diminution in the value of investments - net 108,351 48,052
Bad debts written off directly - -
  (1,051,135) (658,824)
Net mark-up / interest income after provisions 17,246,397 15,570,703
Non mark-up / interest income
Fee, commission and brokerage income 2,706,794 2,438,914
Dividend income 302,894 304,850
Income from dealing in foreign currencies 843,032 639,827
Gain on sale of securities - net 2,063,043 3,526,687
Unrealized (loss) / gain on revaluation of investments classified as held for trading - net - -
Other income 347,470 300,158
Total non-markup / interest income 6,263,233 7,210,436
  23,509,630 22,781,139
Non mark-up / interest expenses
Administrative expenses 14,948,796 14,073,084
Other provisions / write offs 21,832 3,260
Other charges 193,401 221,535
Total non-markup / interest expenses 15,164,029 14,297,879
  8,345,601 8,483,260
Extra ordinary / unusual items - -
Profit before taxation 8,345,601 8,483,260
Taxation - current (2,265,570) (2,129,263)
             - prior years (243,344) (266,425)
             - deferred (715,001) (860,625)
  (3,223,915) (3,256,313)
Profit after taxation - continued operations 5,121,686 5,226,947
Profit after taxation - discontinued operations 6,611 4,362
  5,128,297 5,231,309
Attributable to:
Equity holders of the bank 5,121,863 5,228,775
Non-controlling interest 6,434 2,534
  5,128,297 5,231,309
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.