Financials -  Yearly
Industrial and Commercial Bank of China Limited
Balance Sheet
  As at December 31, 2017
(Rupees in ' 000)
 
2017
2016

Assets

Cash and balances with treasury banks 15,585,904 8,377,564
Balances with other banks 1,461,579 3,685,177
Lendings to financial institutions 118,285,067 8,687,263
Investments 235,089,040 209,336,742
Advances 8,164,082 6,096,727
Operating fixed assets 581,047 642,046
Deferred tax assets 633 2,328
Other assets 12,034,886 7,150,891
  391,202,238 243,978,738
Liabilities
Bills payable 4,573,858 831,033
Borrowings 303,724,827 169,531,176
Deposits and other accounts 57,698,198 52,779,401
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - -
Other liabilities 8,365,292 13,052,499
  374,362,175 236,194,109
Net assets 16,840,063 7,784,629
Represented by
Head office capital account 9,506,699 3,775,797
Unremitted profit 7,365,414 4,047,374
  16,872,113 7,823,171
Deficit on revaluation of investments - net of tax (32,050) (38,542)
  16,840,063 7,784,629

Industrial and Commercial Bank of China Limited
Profit And Loss Account
  For the year ended December 31, 2017
(Rupees in ' 000)
 
2017
2016
Mark-up / return / interest earned 19,020,812 10,332,731
Mark-up / return / interest expense (12,669,163) (8,161,423)
Net mark-up / Interest Income 6,351,649 2,171,308
Provision against non-performing loans and advances (82,465) -
Provision for diminution in the value of investments - -
Bad debts written off directly - -
  (82,465) -
Net mark-up / interest income after provisions 6,269,184 2,171,308
Non mark-up / interest income
Fee, commission and brokerage income 769,588 773,335
Dividend income - -
(Loss) / income from dealing in foreign currencies (198,730) 528,974
Gain / (loss) on sale of securities - -
Unrealized gain / (loss) on revaluation of investments - -
Other income 521 263
Total non mark-up / interest income 571,379 1,302,572
  6,840,563 3,473,880
Non mark-up / interest expense
Administrative expenses (1,508,691) (1,101,931)
Other charges - -
Total non-mark-up / interest expenses (1,508,691) (1,101,931)
  5,331,872 2,371,949
Extra ordinary / unusual items - -
Profit before taxation 5,331,872 2,371,949
Taxation - current 1,905,324 795,890
             - prior years 109,345 90,330
             - deferred (1,463) 58,413
  2,013,206 944,633
Profit after taxation 3,318,666 1,427,316
Auditor(s):

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