Financials -  Yearly
Pak Brunei Investment Company Limited
Consolidated Balance Sheet
  As at December 31, 2017
(Rupees in ' 000)
 
Dec 31, 2017
Dec 31, 2016
Assets
Cash and balances with treasury banks 137,621 322,011
Balances with other banks 549,900 2,333,056
Lendings to financial and other institutions 3,200,909 498,065
Investments - net 5,918,860 15,673,268
Advances - net 19,331,908 14,527,306
Operating fixed assets 28,303 27,423
Deferred tax assets - net 189,506 101,224
Other assets - net 673,523 1,087,913
  30,030,530 34,570,266
Liabilities
Bills payable - -
Borrowings 13,976,083 20,492,898
Deposits and other accounts 4,751,164 2,913,488
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - -
Other liabilities 738,202 619,458
  19,465,449 24,025,844
Net assets 10,565,081 10,544,422
Represented by
Shareholders' equity    
Share capital 6,000,000 6,000,000
Reserves 1,351,812 1,257,721
Unappropriated profit 3,412,835 3,346,556
Total equity attributable to the equity holders of the holding company 10,764,647 10,604,277
Non-controlling interest 2,178 2,205
  10,766,825 10,606,482
Deficit on revaluation of assets net of deferred tax (201,744) (62,060)
  10,565,081 10,544,422

Pak Brunei Investment Company Limited
Consolidated 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 1,578,436 1,663,785
Mark-up / return / interest expensed 908,144 1,083,660
Net mark-up / return / interest income 670,292 580,125
Provision against non-performing loans and advances - net 53,144 79,717
Provision for diminution in the value of investments 88,011 17,394
Bad debts written-off directly -

-

  141,155 97,111
Net mark-up / return / interest income after provisions 529,137 483,014
Non mark-up / interest income
Fee, commission and brokerage income 171,276 196,202
Dividend income 22,494 113,693
Income from dealing in foreign currencies - -
Gain on sale of securities - net 224,899 530,007
Unrealized loss on revaluation of investments classified as held-for-trading - net (33) (782)
Other income / (expenses) 42,801 (2,969)
Total non-markup / interest income 461,437 836,151
  990,574 1,319,165
Non mark-up / interest expenses
Administrative expenses 368,073 352,684
Others provisions / write off - net - (50,000)
Provision for Sindh workers' welfare fund 17,404 71,523
Other charges - 1,085
Total non-markup / interest expenses 385,477 375,292
  605,097 943,873
Extraordinary items / unusual items - -
Share of profit of associates 53,279 445,729
Profit before taxation 658,376 1,389,602
Taxation - current 230,091 331,774
Taxation - prior years 40,533 50,171
Taxation - deferred (73,388)

(1,791)

  197,236

380,154

Profit after taxation for the year from continuing operations 461,140 1,009,448
Discontinued operations
Profit after taxation for the year from discontinued operations 2,721 9,495
  463,881 1,009,448
Attributable to:
Equity shareholders of the holding company 463,490 1,018,714
Non-controlling interest 371 229
  463,861 1,018,943
Earnings per share (basic and diluted)    
    - From continuing operation 0.7686 1.6824
    - From discontinued operation 0.0045 0.0158
  0.7731 1.6982
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.