Financials -  Yearly
Pakistan Mortgage Refinance Company Limited
Statement Of Financial Position
  As at December 31, 2017
(Rupees in ' 000)
 
Dec 31, 2017
Dec 31, 2016
Assets
Cash and balances with treasury banks - -
Balances with other banks 1,254,657,818 1,265,597,422
Lendings to financial institutions - -
Investments - -
Advances - -
Operating fixed assets 32,740,083 1,240,009
Deferred tax assets 1,720,616 -
Other assets 31,601,804 57,329,215
  1,320,720,321 1,324,166,646
Liabilities
Bills payable - -
Borrowings - -
Deposits and other accounts - -
Sub-ordinated loans - -
Advance against share capital 1,159,905,000 1,159,905,000
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - 26,665
Other liabilities 10,471,216 9,971,843
  1,170,376,216 1,169,903,508
Net assets 150,344,105 154,263,138
Represented by
Share capital 150,001,000 1,000
Reserves -- -
Amount available for issue of shares - 150,000,000
Unappropriated profit 343,105 4,262,138
  150,344,105 154,263,138
Surplus on revaluation of assets - net of tax - -
  150,344,105 154,263,138

Pakistan Mortgage Refinance Company 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 72,686,736 53,712,669
Mark-up / return / interest expensed - -
Net mark-up / interest income 72,686,736 53,712,669
Provisions against non-performing loans and advances - -
Provision for diminution in the value of investments - -
Bad debts written off directly - -
  - -
Net mark-up / return / interest income after provisions 72,686,736 53,712,669
Non mark-up / interest income
Fee, commission and brokerage income - -
Dividend income - -
Income from dealing in foreign currencies - -
Gain on sale / redemption of securities - net - -
Unrealised gain / (loss) on revaluation of investments classified as held for trading - -
Other income 2,134,240 -
Total non mark - up / interest income 2,134,240 -
  74,820,976 53,712,669
Non mark-up / interest expenses
Administrative expenses 80,487,290 47,468,650
Other (provisions) / write - offs - -
Other charges - -
Total non mark-up / interest expenses 80,487,290 47,468,650
Extra ordinary / unusual items - -
(Loss) profit before taxation 5,666,314 6,244,019
Taxation - Current - (1,487,811)
             - Prior years -  
             - Deferred 1,747,281 (26,665)
  1,747,281 (1,514,476)
(Loss) profit after taxation (3,919,033) 4,729,543
Unappropriated profit / (loss) brought forward 4,262,138 (467,405)
Profit available for appropriation 343,105 4,262,138
Basic and diluted (loss) / earnings per share (0.26) 47,295.43
Auditor(s):

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