Financials -  Yearly
MCB Bank Limited
Consolidated Statement of Financial Position
  As at December 31, 2017
(Rupees in ' 000)
 
2017
2016
Assets
Cash and balances with treasury banks 109,462,902 75,732,185
Balances with other banks 7,348,882 7,201,459
Lendings to financial institutions 5,273,524 2,809,752
Investments - net 660,070,246 556,770,384
Advances - net 500,965,801 364,333,516
Operating fixed assets 42,565,448 35,225,865
Deferred tax assets - net - -
Other assets - net 47,743,647 34,617,075
  1,373,430,450 1,076,690,236
Liabilities
Bills payable 22,994,877 13,291,328
Borrowings 140,462,138 77,438,993
Deposits and other accounts 1,001,146,162 795,689,546
Sub-ordinated loan 3,892,578 -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net 5,661,073 12,889,649
Other liabilities 42,730,541 31,420,650
  1,216,887,369 930,730,166
Net assets 156,543,081 145,960,070
Represented by
Share capital 11,850,600 11,130,307
Reserves 71,027,912 53,512,633
Unappropriated profit 55,221,069 55,509,013
Total equity attributable to the equity holders of the Bank 138,099,581 120,151,953
Non-controlling interest 580,656 509,331
  138,680,237 120,661,284
Surplus on revaluation of assets - net of tax 17,862,844 25,298,786
  156,543,081 145,960,070

MCB Bank Limited
Consolidated Profit and Loss Account
  For the year ended December 31, 2017
(Rupees in ' 000)
 
2017
2016
Mark-up / return / interest earned 76,189,800 69,014,090
Mark-up / return / interest expensed 32,649,614 24,167,340
Net mark-up / interest income 43,540,186 44,846,750
Provision / (reversal) for diminution in the value of investments - net 3,570,201 (647,356)
Provision / (reversal) against loans and advances - net (2,894,502) 1,204,892
Bad debts written off directly 14 18
  675,713 557,554
Net mark-up / interest income after provisions 42,864,473 44,289,196
Non-mark-up / interest income
Fee, commission and brokerage income 10,038,881 8,244,999
Dividend income 1,632,466 1,123,108
Income from dealing in foreign currencies 1,344,380 895,422
Gain on sale of securities - net 4,666,486 5,498,958
Unrealized gain on revaluation of investments classified as held for trading (272) 5,614
Other income 658,437 540,644
Total non-mark-up / interest income 18,340,378 16,308,745
  61,204,851 60,597,941
Non-mark-up / interest expenses
Administrative expenses 29,692,513 23,628,212
Other provision - net 562,828 271,151
Other charges 768,922 924,495
Total non-mark-up / interest expenses 31,024,263 24,823,858
Share of profit of associates 433,119 946,774
Extra ordinary / unusual item - -
Profit before taxation 30,613,707 36,720,857
Taxation - current year 3,725,143 12,503,868
             - prior years (2,166,582) 1,682,063
             - deferred 6,880,293 177,995
Share of tax of associates 127,089 182,786
  8,565,943 14,546,712
Profit after taxation 22,047,764 22,174,145
Profit attributable to non-controlling interest (84,618) (111,157)
Profit attributable to equity shareholder of the bank 21,963,146 22,062,988
Basic and diluted earnings per share - Rupees 19.13 19.82
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.