Financials - Yearly
 BankIslami Pakistan Limited
Consolidated Statement of Financial Position
  As at December 31, 2019
(Rupees in ' 000)
 
2019
2018
Assets
Cash and balances with treasury banks 14,640,163 14,292,752
Balances with other banks 1,880,592 1,164,553
Due from financial institutions 42,911,620 18,173,504
Investments 55,806,907 39,236,762
Islamic financing, related assets and advance 131,619,725 118,320,811
Fixed assets 12,717,885 6,683,785
Intangible asset 3,148,805 3,173,692
Deferred tax asset 5,566,768 7,471,963
Other asset 14,656,497 8,315,446

Assets classified as held for sale

1,515,051 -
Total assets 284,464,013 216,833,268
Liabilities
Bills payable 3,645,324 3,242,180
Due to financial institutions 15,103,607 7,819,532
Deposits and other accounts 228,556,897 184,429,521
Subordinated sukuk 1,700,000 -
Deferred tax liabilities - -
Other liabilities 14,014,986 6,066,223
Liabilities directly associated with assets held for sale 989,683 -
  264,010,497 201,557,456
Net assets 20,453,516 15,275,812
Represented by
Share capital - net 11,007,991 10,000,079
Reserves 1,187,624 968,799
Surplus on revaluation of assets - net of tax 4,626,773 1,875,495
Unappropriated profit 3,436,341 2,236,825
  20,258,729 15,081,198
Non-controlling interest 194,787 194,614
  20,453,516 15,275,812

BankIslami Pakistan Limited
 Consolidated Profit and Loss Account
  For the year ended December 31, 2019
(Rupees in ' 000)
 
2019
2018
Profit / return earned 23,624,544 12,204,667
Profit / return expensed 12,832,859 6,145,543
Net profit / return 10,791,685 6,059,124
Other income
Fee and commission income 617,932 842,235
Dividend income 10,947 23,029
Foreign exchange Income 183,612 92,182
Income from shariah compliant forward and future contracts - 138,673

Gain on securities

660,253 46,818
Other income 159,178 82,246
Total other income 1,631,922 1,225,183
  Total Income 12,423,607 7,284,307
Other expenses
Operating expenses 7,720,891 6,810,250
Workers Welfare Fund 35,904 8,216
Other charges 36,511 54,359
Total other expenses 7,793,306 6,872,825
Profit before provisions 4,630,301 411,482
Provisions / (reversal of provisions) and write offs - net 2,773,316 (3,165)
Extraordinary / unusual items - -
Loss for the year from BIPL securities limited - net of tax - -
share of profit from associate - -

Profit before taxation from continuing operations

1,868,510 513,722
Taxation 744,000 190,084
Profit after taxation from continuing operations 1,124,510 323,638
Loss after taxation from discontinuing operations    
Profit for the year (20,705)  
Attributable to:
Equity shareholders of the bank 1,107,791 334,266
Non-controlling interest (3,986) (10,628)
  1,103,805 323,638

                                                                                                     Rupees

                                                                                                     (Restated)

Basic earnings per share 1.0800 0.3299
Diluted earnings per share 1.0800 0.3299
Auditor(s):

Pakistan Banks' Association 2005. All Rights Reserved.