Financials -  Yearly
Khushhali  bank Limited
Balance Sheet
  As at December 31, 2019 (Rupees in ' 000)
 
2019
2018
Assets
Cash and balances with SBP and NBP 2,926,228 1,792,737
Balances with other banks / NBFIs / MFBs 4,181,130 7,498,358
Lending to financial institutions 450,000 1,837,749
Investments 10,111,744 8,915,710
Advances - net of provisions 53,541,152 43,500,532
Operating fixed assets 3,612,304 1,353,528
Other assets 6,275,454 5,311,313
Deferred tax assets 395,116 262,025
Total assets 81,493,128 70,471,952
Liabilities
Deposits 63,882,349 56,017,988
Borrowings 1,326,021 2,964,872
Subordinated debt 2,400,000 1,000,000
Other liabilities 4,486,108 2,289,642
Total liabilities 72,094,478 62,272,502
Net assets 9,398,650 8,199,450
Represented by
Share capital 1,705,000 1,705,000
Statutory reserve 1,784,843 1,693,035
Capital reserve 24,255 24,255
Unappropriated profit 5,885,119 4,776,212
  9,399,217 8,198,502
Surplus / (deficit) on revaluation of assets (567) (235)
Deferred grants - 1,183
Total Capital 9,398,650 8,199,450

Khushhali bank Limited
Profit and Loss Account
  For the year ended December 31, 2019 (Rupees in ' 000)
 
Dec 31, 2019
Dec 31, 2018
Mark-up / return / interest earned 15,258,718 11,926,025
Mark-up / return / interest expensed 6,799,214 4,590,105
Net mark-up / interest income 8,459,504 7,335,920
Provision against non-performing loans and advances 2,255,045 738,738
Bad debts written off directly 4,338 39,492
Net mark-up / interest income after provisions 6,200,121 6,557,690
Non mark-up / non interest income
Fee, commission and brokerage income 1,886,864 1,523,716
Other income 86,593 114,835
Total non mark-up / non interest income 1,973,457 1,638,551
  8,173,578 8,196,241
Non mark-up / non interest expenses
Administrative expenses 5,635,527 4,706,553
Other provisions 1,692 5,452
Other charges 17,852 13,911
Total non mark-up / non interest expense 5,655,071 4,725,916
Profit before taxation 2,518,507 3,470,325
Taxation    
Current 807,813 961,759
Prior year - 72,022
Deferred (125,475) (22,242)
  682,338 1,011,539
Profit after taxation 1,836,169 2,458,786
Unappropriated profit brought forward 4,776,212 3,423,732
Other comprehensive loss transferred to equity (12,471) (32,427)
Profit available for appropriation 6,599,910 5,850,091
Appropriations:
Transfer to:    
Statutory reserve 91,808 491,757
Microfinance social development fund 183,617 245,879
Depositors' protection fund 91,808 122,939
Risk mitigation fund 91,808 122,939
Final dividend 2018 : Rs 1.50 per share (2017: Rs. 0.53 per share) 255,750 90,365
  714,791 1,073,879
Unappropriated profit carried forward 5,885,119 4,776,212
Earnings per share - basic and diluted 8.62 11.54
Auditor(s):

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