Financials -  Yearly
Khushhali  bank Limited
Balance Sheet
  As at December 31, 2018 (Rupees in ' 000)
 
2018
2017
Assets
Cash and balances with SBP and NBP 1,792,737 1,664,251
Balances with other banks / NBFIs / MFBs 7,498,358 2,399,132
Lending to financial institutions 1,837,749 474,532
Investments 8,915,710 16,297,590
Advances - net of provisions 43,374,302 32,215,992
Operating fixed assets 1,353,528 1,141,596
Other assets 5,437,543 4,537,439
Deferred tax assets 262,025 230,670
Total assets 70,471,952 58,961,202
Liabilities
Deposits 56,017,988 45,746,861
Borrowings 2,964,872 4,782,681
Subordinated debt 1,000,000 -
Other liabilities 2,289,642 2,075,886
Total liabilities 62,272,502 52,605,428
Net assets 8,199,450 6,355,774
Represented by
Share capital 1,705,000 1,705,000
Statutory reserve 1,693,035 1,201,278
Capital reserve 24,255 24,255
Unappropriated profit 4,776,212 3,423,732
  8,198,502 6,354,265
Surplus / (deficit) on revaluation of assets (235) (106)
Deferred grants 1,183 1,615
Total Capital 8,199,450 6,355,774

Khushhali bank Limited
Profit and Loss Account
  For the year ended December 31, 2018 (Rupees in ' 000)
 
Dec 31, 2018
Dec 31, 2017
Mark-up / return / interest earned 11,926,025 8,740,749
Mark-up / return / interest expensed 4,590,105 2,995,881
Net mark-up / interest income 7,335,920 5,744,868
Provision against non-performing loans and advances 738,738 690,079
Bad debts written off directly 39,492 22,565
Net mark-up / interest income after provisions 6,557,690 5,032,224
Non mark-up / non interest income
Fee, commission and brokerage income 1,523,716 1,226,405
Other income 114,835 113,493
Total non mark-up / non interest income 1,638,551 1,339,898
  8,196,241 6,372,122
Non mark-up / non interest expenses
Administrative expenses 4,706,553 3,857,042
Other provisions 5,452 11,262
Other charges 13,911 14,836
Total non mark-up / non interest expense 4,725,916 3,883,140
Profit before taxation 3,470,325 2,488,982
Taxation    
Current 961,759 723,552
Prior year 72,022 47,570
Deferred (22,242) (82,706)
  1,011,539 688,416
Profit after taxation 2,458,786 1,800,566
Unappropriated profit brought forward 3,423,732 2,366,815
Less: other comprehensive loss transferred to equity (32,427) (23,423)
Profit available for appropriation 5,850,091 4,143,958
Appropriations:
Transfer to:    
Statutory reserve 491,757 360,113
Microfinance social development fund 245,879 180,057
Depositors' protection fund 122,939 90,028
Risk mitigation fund 122,939 90,028
Final dividend 2017 : rs 0.53 per share 90,365 -
  1,073,879 720,226
Unappropriated profit carried forward 4,776,212 3,423,732
Earnings per share - basic and diluted 11.54 8.45
Auditor(s):

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