Financials -  Yearly
Soneri Bank Limited
Statement of Financial Position
  As at December 31, 2017
(Rupees in ' 000)
 
2017
2016
Assets
Cash and balances with treasury banks 19,431,256 18,278,840
Balances with other banks 1,151,015 822,689
Lendings to financial and other institutions 6,544,152 5,536,577
Investments - net 117,428,516 117,883,960
Advances - net 164,292,915 125,305,765
Operating fixed assets 6,581,465 5,138,424
Deferred tax assets - net - -
Other assets - net 6,704,657 5,554,451
  322,133,976 278,520,706
Liabilities
Bills payable 4,895,447 3,254,243
Borrowings 64,584,236 38,905,078
Deposits and other accounts 227,348,454 210,839,646
Sub-ordinated loans 2,997,600 2,998,800
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - net 935,711 1,137,530
Other liabilities 2,867,929 3,096,182
  303,629,377 260,231,479
Net assets 18,504,599 18,289,227
Represented by
Share capital 11,024,636 11,024,636
Reserves 1,752,494 1,423,829
Unappropriated profit 3,664,580 3,496,305
  16,441,710 15,944,770
Surplus on revaluation of assets - net of tax 2,062,889 2,344,457
  18,504,599 18,289,227

Soneri Bank Limited
Profit and Loss Account
  For the year ended December 31, 2017
(Rupees in ' 000)
 
2017
2016
Mark-up / return / interest earned 18,504,526 17,524,408
Mark-up / return / interest expensed (11,845,628) (10,680,270)
Net mark-up / return / interest income 6,658,898 6,844,138
Provision against loans and advances - net 63,247 31,072
Provision / (reversal of provision) against diminution in the value of investments - net 3,168 (6,941)
Bad debts written off directly - net 32 276
  66,447 24,407
Net mark-up / return / interest income after provisions 6,592,451 6,819,731
Non mark-up / interest income
Fee, commission and brokerage income 1,392,650 1,286,185
Dividend income 240,327 192,429
Income from dealing in foreign currencies - net 436,991 290,364
Gain on sale of securities - net 1,158,244 945,150
Unrealised gain / (loss) on revaluation of investments classified as 'held for trading' - net 34 (6,484)
Other income 41,052 28,593
Total non-markup / interest income 3,269,298 2,736,237
  9,861,749 9,555,968
Non mark-up / interest expenses
Administrative expenses 6,942,982 6,388,894
Provision against other assets - net - 30
Other charges 87,797 89,705
Total non-markup / interest expenses 7,030,779 6,478,629
  2,830,970 3,077,339
Extra ordinary / unusual items - -
Profit before taxation 2,830,970 3,077,339
Taxation - current 1,016,967 1,099,377
Taxation - prior years 157,743 161,371
Taxation - deferred 12,934 (62,253)
  1,187,644 1,198,495
Profit after taxation 1,643,326 1,878,844
Basic and diluted earnings per share (Rupees) 1.4906 1.7042
Auditor(s):

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