Financials -  Yearly
Sindh Bank Limited
Consolidated Statement of Financial Position
  As at December 31, 2017
(Rupees in ' 000)
 
2017
2016
Assets
Cash and balance with treasury banks 9,680,631 7,502,624
Balance with other banks 3,442,989 1,191,478
Lendings to financial institutions 5,331,327 6,938,610
Investments - net 113,509,902 70,889,737
Advances - net 65,051,730 51,901,838
Operating fixed assets 1,663,440 1,832,883
Deferred tax assets - net 1,611,539 1,190,077
Other assets - net 4,233,506 4,758,407
  204,525,064 146,205,654
Liabilities
Bills payable 905,423 714,212
Borrowings 50,971,174 8,910,738
Deposits and other accounts 134,204,090 118,843,374
Sub-ordinated loan - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net - -
Other liabilities 2,327,166 2,178,767
  188,407,853 130,647,091
Net assets 16,117,211 15,558,563
Represented by
Share capital 10,010,130 10,010,130
Reserves 1,464,329 1,207,731
Unappropriated profit 5,212,873 4,206,670
  16,687,332 15,424,531
(Deficit) / surplus on revaluation of assets - net of deferred tax (570,121) 134,032
  16,117,211 15,558,563

Sindh Bank Limited
Consolidated Profit and Loss Account
  For the year ended December 31, 2017
(Rupees in ' 000)
 
2017
2016
Mark-up / return / interest earned 11,656,377 9,821,409
Mark-up / return / interest expensed 6,271,962 5,356,366
Net mark-up / return / interest income 5,384,415 4,465,043
Provision against non-performing loans and advances - net 255,160 1,608,142
Provision for diminution in the value of investments - net - -
Bad debts written off directly 470 -
  255,630 1,608,142
Net mark-up / return / interest income after provisions 5,128,785 2,856,901
Non mark-up / interest income
Fee commission and brokerage income 453,507 358,828
Dividend income 156,062 141,517
Income from dealing in foreign currencies 103,555 52,754
Gain on sale of securities - net 604,425 2,933,656
Unrealised gain on revaluation of investments classified as held-for-trading - -
Other income 9,973 9,211
 Total non mark-up / interest income 1,327,522 3,495,966
  6,456,307 6,352,867
Non mark-up / interest expense
Administrative expense 4,233,499 3,903,667
Other (reversals) / provision against other assets - -
Other charges 9,421 525
Total non mark-up / interest expense 4,242,920 3,904,192
  2,213,387 2,448,675
Extraordinary / unusual items - -
Profit before taxation 2,213,387 2,448,675
Taxation - current 816,180 1,411,821
             - prior years 161,950 185,359
             - deferred (42,303) (551,796)
  935,827 1,045,384
 Profit after taxation 1,277,560 1,403,291
 Basic and diluted earnings per share (Rupees) 1.28 1.40
Auditor(s):

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