Financials -  Yearly
United Bank Limited
Consolidated Statement of Financial Position
  As at December 31, 2018
(Rupees in ' 000)
 
2018
 
2017
Restated
Assets
Cash and balances with treasury banks 187,915,671 161,119,170
Balances with other banks 41,747,060 35,549,112
Lending to financial institutions 35,346,551 13,097,277
Investments 831,159,100 1,124,921,300
Advances 754,551,722 665,303,363
Fixed assets 50,898,280 49,230,901
Intangible assets 1,876,094 1,153,176
Deferred tax assets 6,685,952 -
Other assets 92,312,444 80,538,689
  2,002,492,874 2,130,912,988
Liabilities
Bills payable 27,272,967 29,852,405
Borrowings 279,918,125 517,082,159
Deposits and other accounts 1,448,324,041 1,349,698,487
Liabilities against assets subject to finance lease 10,000 4,375
Subordinated debts 9,000,000 -
Deferred tax liabilities - 2,980,466
Other liabilities 69,343,882 56,801,334
  1,833,869,015 1,956,419,226
Net assets 168,623,859 174,493,762
Represented by
Share capital 12,241,798 12,241,798
Reserves 60,078,870 47,203,516
Surplus on revaluation of assets 16,992,906 33,146,476
Unappropriated profit 73,749,955 76,410,128
Total equity attributable to the equity holders of the bank 163,063,529 169,001,918
Non-controlling interest 5,560,330 5,491,844
  168,623,859 174,493,762

United Bank Limited
Consolidated Profit and Loss Account
  For the year ended December 31, 2018
(Rupees in ' 000)
 
2018
 
2017
Restated
Mark-up / return / interest earned 117,363,124 110,579,895
Mark-up / return / interest expensed 59,115,489 52,487,753
Net mark-up / interest income 58,247,635 58,092,142
Non mark-up / interest income
Fee and commission income 15,886,753 14,831,990
Dividend income 1,683,678 1,733,757
Foreign exchange income 3,662,854 2,150,117
(Loss) / income from derivatives (87,716) 32,793
Gain on securities - net 4,484,066 4,799,893
Other income 1,014,156 747,535
Total non mark-up / interest income 26,643,791 24,296,085
Total income 84,891,426 82,388,227
Non mark-up / interest expenses
Operating expenses 42,492,994 38,455,334
Workers' Welfare Fund (2,163,314) 814,699
Other charges 114,798 59,688
Total non mark-up / interest income 40,444,478 39,329,721
Share of profit of associates 699,294 459,702
Profit before provisions 45,146,242 43,518,208
Provisions and write offs - net 13,101,543 2,628,801
Extra ordinary / unusual item - charge in respect of pension liability 6,657,216 -
Profit before taxation 25,387,483 40,889,407
Taxation 10,337,929 14,934,403
Profit after taxation 15,049,554 25,955,004
Attributable to:
Equity holders of the Bank 15,483,051 25,948,717
Non-controlling interest (433,497) 6,287
  15,049,554 25,955,004
Earnings per share - basic and diluted 1 2.65 21.20
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.