Financials -  Yearly
Al Baraka Bank (Pakistan) Limited
Statement of Financial Position
  As at December 31, 2019
(Rupees in 000)
 
2019
2018
Assets
Cash and balances with treasury banks 26,319,937 14,934,799
Balances with other banks 2,850,550 854,171
Due from financial institutions 14,598,633 -
Investments 24,194,885 21,345,325
Islamic financing and related assets - net 75,443,712 75,011,976
Fixed assets 4,877,578 2,310,578
Intangible assets 1,467,904 1,572,861
Deferred tax assets 2,839,139 3,238,909
Other assets 9,389,888 9,544,420
  161,982,226 128,813,039
Liabilities
Bills payable 3,223,721 3,697,477
Due to financial institutions 4,278,132 3,836,022
Deposits and other accounts 129,654,288 99,915,011
Subordinated debt 3,460,661 3,746,377
Deferred tax liabilities - -
Other liabilities 8,633,860 6,913,069
  149,250,662 118,107,956
Net assets 12,731,564 10,705,083
Represented by
Share capital - net 14,500,490 13,106,862
Reserves 179,384 159,348
Surplus on revaluation of assets 1,185,540 353,212
Accumulated losses (3,133,850) (2,914,339)
  12,731,564 10,705,083

Al Baraka Bank (Pakistan) Limited
Profit and Loss Account
  For the year ended December 31, 2019
(Rupees in 000)
 
2019
2018
Profit / return earned on Islamic financings related assets, investments and placements 12,923,326 8,031,610
Return on deposits and other dues expensed (7,912,215) (3,872,299)
Net spread earned 5,011,111 4,159,311
Other income
Fee and commission income 748,419 682,801
Dividend income 31,473 36,269
Foreign axchange Income 734,556 441,738
Loss on securities (95,086) (31,330)
Other income 10,841 24,757
Total other income 1,430,203 1,154,235
Total income 6,441,314 5,313,546
Other expenses
Operating expenses (5,214,659) (4,782,531)
Workers welfare fund (155) -
Other charges (28,489) (5,998)
Total other expenses (5,243,303) (4,788,529)
Profit before provisions 1,198,011 525,017
Provision and write offs - net (1,190,441) (770,029)
Extra ordinary / unusual items - -

Profit / (loss) before taxation

7,570 (245,012)
Taxation (199,256) (8,716)
Loss after taxation (191,686) (253,728)
Loss per share - basic / diluted (0.14) (0.18)
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.