Financials -  Yearly
NRSP Microfinance Bank Limited
Balance Sheet
  As at December 31, 2017
 
 
Dec 31, 2017
Dec 31, 2016
Assets
Cash and balances with SBP and NBP 1,642,950,036 1,199,468,738
Balances with other banks/NBFIs/MFBs 5,223,369,743 4,067,413,359
Lending to financial institutions - -
Investments - net of provisions 2,696,482,931 6,115,543,956
Advances - net of provisions 20,705,809,185 13,126,730,911
Operating fixed assets 533,617,070 353,177,316
Other assets 2,787,279,551 1,590,093,812
Total assets 33,589,508,516 26,452,428,092
Liabilities
Deposits and other accounts 23,671,819,632 16,922,083,617
Borrowings 3,293,888,888 4,677,175,000
Subordinated debts 672,360,000 672,360,000
Other liabilities 1,922,913,622 976,148,143
Deferred tax liabilities - net 14,616,979 931,540
Total Liabilities 29,575,599,121 23,248,698,300
Net assets 4,013,909,395 3,203,729,792
Represented by
Share capital 1,498,372,010 1,498,372,010
Statutory reserve 522,034,107 357,739,212
Depositors' protection fund 142,607,377 96,583,278
Unappropriated profit 1,849,115,619 1,250,224,935
  4,012,129,113 3,202,919,435
Surplus / (Deficit) on revaluation of assets - -
Deferred grants 1,780,282 810,357
Total capital 4,013,909,395 3,203,729,792

NRSP Microfinance Bank Limited
Profit and Loss Account
  For the year ended December 31, 2017
 
 
Dec 31, 2017
Dec 31, 2016
Mark-up / return / interest earned 4,976,176,699 3,221,205,577
Mark-up / return / interest expensed (2,038,966,710) (1,239,767,787)
Net mark-up / interest income 2,937,209,989 1,981,437,790
Provision against non-performing loans and advances (383,809,692) (135,953,448)
Provision for diminution in the value of investments - -
Bad debts written off directly - net of insurance recoveries (3,700,406) (19,375,256)
  (387,510,098) (155,328,704)
Net mark-up / interest income after provisions 2,549,699,891 1,826,109,086
Non mark-up / non interest income
Fee, commission and brokerage income 615,784,095 471,611,991
Dividend income - -
Other income 255,338,459 221,732,001
Total non markup / non interest income 871,122,554 693,343,992
  3,420,822,445 2,519,453,078
Non mark-up / non interest expenses
Administrative expenses (2,313,916,396) (1,558,766,474)
Other charges (1,232,479) (188,000)
Total non mark-up / non interest expense (2,315,148,875) (1,558,954,474)
  1,105,673,570 960,498,604
Extraordinary / unusual items - -
Profit before taxation 1,105,673,570 960,498,604
Taxation - current (270,513,654) (259,761,346)
             - prior years - -
             - deferred (13,685,440) (15,950,089)
  (284,199,094) (275,711,435)
Profit after taxation 821,474,476 684,787,169
Unappropriated profit brought forward 1,250,224,935 754,487,456
Less: other comprehensive income (17,215,174) (17,852,898)
Profit available for appropriation 2,054,484,237 1,421,421,727
  Appropriations:
Transfer to:    
Statutory reserve (164,294,895) (136,957,434)
Depositors' protection fund (46,024,099) (36,201,699)
  (210,318,994) (173,159,133)
Unappropriated profit carried forward 1,844,165,243 1,248,262,594
Earnings per share 5.48 4.57
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.