Financials - Yearly
 BankIslami Pakistan Limited
Consolidated Statement of Financial Position
  As at December 31, 2017
(Rupees in ' 000)
 
2017
2016
Assets
Cash and balances with treasury banks 11,784,180 8,921,433
Balances with other banks 1,149,355 1,324,167
Due from financial institutions - net 21,371,787 27,218,665
Investments - net 42,363,753 46,643,174
Islamic financing and related assets and Advance (net) 119,006,779 77,667,276
Operating fixed assets 9,148,064 9,412,129
Deferred tax assets - net 7,613,022 5,820,956
Other assets - net 4,7796,975 4,985,840
  217,233,915 181,993,640
Liabilities
Bills payable 2,988,996 2,273,934
Due to financial institutions 15,570,390 6,066,307
Deposits and other accounts 179,001,578 153,826,348
Sub-ordinated loans - -
Deferred tax liabilities - -
Other liabilities 5,445,715 6,760,717
  203,006,679 168,927,306
Net assets 14,227,236 13,066,334
Represented by
Share capital 10,079,121 10,079,121
Discount on issue of shares (79,042) (79,042)
Reserves 926,266 613,636
Unappropriated profit 1,893,736 518,942
Total equity attributable to equity holders of tha Bank 12,820,081 11,132,657
Non-controlling interest 205,242 192,350
  13,025,323 11,325,007
Surplus on revaluation of assets - net of tax 1,201,913 1,741,327
  14,227,236 13,066,334

BankIslami Pakistan Limited
 Consolidated Profit and Loss Account
  For the year ended December 31, 2017
(Rupees in ' 000)
 
2017
2016
Profit / return earned 10,323,727 10,115,839
Profit / return expensed 5,230,502 5,764,188
Net spread earned 5,093,225 4,351,651
Reversal of provision against non-performing Islamic financing and related assets - net (477,688) (1,724,387)
Provision / (reversal of provision) for diminution in the value of investments and placements - net 210,600 (337,547)
Bad debts written off directly - 32,008
  (267,088) (2,029,926)
Net spread after provisions 5,360,313 6,381,577
Other income
Fee, commission and brokerage income 647,468 361,536
Dividend income 33,030 24,245
Income from dealing in foreign currencies 84,214 42,808
Gain on sale of securities 122,100 97,772
Unrealised (losss) / gain on revaluation of investments classified as 'held for trading' (327) 678
Other income 77,852 73,673
Total other income 964,337 600,712
  6,324,650 6,982,289
Other expenses
Administrative expenses 6,295,778 6,154,969
Other (reversals) / charges - net (124,882) 68
Other charges 21,733 17,736
Total other expenses 6,192,629 6,172,773
  132,021 809,516
Profit for the year from BIPL Securities Limited - net of tax 34,441 11,179
Share of profit from associates 104,530 216,291
Profit before taxation 270,992 1,036,986
Taxation - current 141,711 106,229
             - prior years 74 (20)
             - deferred (1,560,361) 283,779
  (1,418,576) 389,988
Profit after taxation 1,689,568 646,998
Attributable To:
Equity shareholders of the Bank 1,676,676 644,503
Non-controlling interest 12,892 2,495
  1,689,568 646,998
Basic earnings per share (rupees) 1.6635 0.6394
Diluted earnings per share (rupees) 1.6635 0.6394
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.