Financials -  Yearly
FINCA Microfinance Bank Limited
Balance Sheet
  As at December 31, 2017
(Rupees in ' 000)
 
Dec 31, 2017
Dec 31, 2016
Assets
Cash and balances with SBP and NBP 976,428,755 809,674,643
Balances with other banks / NBFIs / MFBs 1,556,694,589 1,248,484,930
Lending to financial institutions - -
Investments - net of provisions 5,209,160,227 1,885,328,850
Advances - net of provisions 14,863,341,016 10,082,263,974
Operating fixed assets 1,220,665,974 920,847,250
Other assets 1,306,807,645 664,957,569
Deferred tax asset 8,786,704 6,407,692
Total assets 25,141,884,910 15,617,964,908
Liabilities
Deposits and other accounts 19,183,925,717 11,069,655,852
Borrowings 1,668,981,702 1,350,001,756
Subordinated debt - -
Other liabilities 1,005,746,247 765,754,271
Deferred tax liabilities - -
Total liabilities 21,858,653,666 13,185,411,879
Net assets 3,283,231,244 2,432,553,029
Represented by:
Share capital 6,348,887,110 6,348,887,110
Discount on issue of shares (4,089,040,293) (4,089,040,293)
Statutory reserve 365,982,212 195,022,579
Depositors' protection fund 96,448,556 50,596,128
Accumulated profit / (loss) 552,799,227 (85,514,244)
  3,275,076,812 2,419,951,280
Surplus on revaluation of fixed assets - -
Deferred grants 8,154,432 12,601,749
Total capital 3,283,231,244 2,432,553,029

FINCA Microfinance Bank Limited
Profit and Loss Account
  For the year ended December 31, 2017
(Rupees in ' 000)
 
Dec 31, 2017
Dec 31, 2016
Mark-up / return / interest earned 4,808,928,684 2,986,050,035
Mark-up / return / interest expensed (1,256,380,927) (647,592,697)
Net mark-up / interest income 3,552,547,757 2,338,457,338
Provision against non-performing loans and advances (378,812,910) (156,750,377)
Provision for diminution in the value of investments - -
Bad debts written off directly (27,781,711) (62,460,438)
  (406,594,621) (219,210,815)
Net mark-up / interest income after provisions 3,145,953,136 2,119,246,523
Non mark-up / non interest income
Fee, commission and brokerage income 564,058,024 441,395,783
Dividend income - -
Other income 129,420,187 108,379,874
Total non mark-up / non interest income 693,478,211 549,775,657
  3,839,431,347 2,669,022,180
Non mark-up / non interest expenses
Administrative expenses (2,437,691,875) (1,669,760,508)
Other charges (23,485,767) (11,666,355)
Total non mark-up / non interest expenses (2,461,177,642) (1,681,426,863)
Profit before taxation 1,378,253,705 987,595,317
Taxation - current (484,276,120) (184,377,277)
             - prior years (39,944,328) (10,676,354)
             - deferred 764,907 (161,646,128)
  (523,455,541) (356,699,759)
Profit after taxation 854,798,164 630,895,558
Basic and diluted earnings per share 1.35 0.99
Auditor(s):

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