Financials -  Yearly
Al Baraka Bank (Pakistan) Limited
Statement of Financial Position
  As at December 31, 2018
(Rupees in 000)
 
2018
2017
(Restated)
Assets
Cash and balances with treasury banks 14,934,799 8,915,585
Balances with other banks 854,171 2,932,165
Due from financial institutions - 5,095,411
Investments 21,345,325 19,393,486
Islamic Financing and related assets - net 75,011,976 71,203,056
Fixed assets 2,310,578 2,361,576
Intangible assets 1,572,861 1,720,577
Deferred tax assets 3,238,909 3,238,985
Other assets 9,544,420 7,791,552
  128,813,039 122,652,393
Liabilities
Bills payable 3,697,477 3,658,120
Due to financial institutions 3,836,022 3,209,400
Deposits and other accounts 99,915,011 96,622,925
Subordinated debt 3,746,377 2,642,852
Deferred tax liabilities - -
Other liabilities 6,913,069 5,756,875
  118,107,956 111,890,172
Net assets 10,705,083 10,762,221
Represented by
Share capital 13,106,862 13,106,862
Reserves 159,348 159,348
Surplus on revaluation of asset 353,212 171,734
Accumulated loss (2,914,339) (2,675,723)
  10,705,083 10,762,221

Al Baraka Bank (Pakistan) Limited
Profit and Loss Account
  For the year ended December 31, 2018
(Rupees in 000)
 
2018
2017
Profit / return earned on Islamic financings related assets, investments and placements 8,031,610 6,717,570
Return on deposits and other dues expensed (3,814,832) (3,077,721)
Net spread earned 4,216,778 3,639,849
Other income
Fee and commission income 682,801 668,143
Dividend income 36,269 44,469
Foreign exchange income 384,271 172,915
Loss on securities (31,330) (10,757)
Other income 24,757 93,026
Total other income 1,096,768 967,796
Total income 5,313,546 4,607,645
Other expenses
Operating expenses (4,782,531) (4,929,047)
Workers welfare fund - -
Other charges (5,998) (24,317)
Total other expenses (4,788,529) (4,953,364)
Profit / (loss) before provisions 525,017 (345,719)
Provision and write offs - net (770,029) (185,354)
Extra ordinary / unusual items - -

Loss before taxation

(245,012) (531,073)
Taxation (8,716) (141,635)
Loss after taxation (253,728) (389,438)
Loss per share - basic / diluted - Rupees (0.18) (0.28)
Auditor(s):

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