Financials -  Yearly
PAIR Investment Company Limited
Statement of Financial Position
  As at December 31, 2019
(Rupees in ' 000)
 
Dec 31, 2019
Dec 31, 2018
Assets
Cash and balances with treasury banks 46,383 73,144
Balances with other banks 83,751 60,653
Lendings to financial institutions 150,000 105,000
Investments 14,664,301 11,259,928
Advances 5,389,709 6,223,926
Fixed assets 229,709 193,031
Intangible assets 314 211
Deferred tax assets 375,527 346,484
Other assets 534,895 263,060
  21,474,589 18,525,437
Liabilities
Bills payable - -
Borrowings 10,842,781 7,915,859
Deposits and other accounts 775,323 1,221,724
Liabilities against assets subject to finance lease - -
Subordinated debt - -
Deferred tax liabilities - -
Other liabilities 385,766 278,164
  12,003,870 9,415,747
Net assets 9,470,719 9,109,690
Represented by
Share capital 6,000,000 6,000,000
Reserves 888,356 840,066
Surplus / (deficit) on revaluation of assets 56,305 (71,701)
Unappropriated profit 2,526,058 2,341,325
  9,470,719 9,109,690

PAIR Investment Company 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 1,967,277 907,417
Mark-up / return / interest expensed 1,024,210 472,607
Net mark-up / interest income 943,067 434,810
Non mark-up / interest income
Fee and commission income 7,822 12,767
Dividend income 57,509 29,295
Foreign exchange income 638 963
Income / (loss) from derivatives - -
(Loss) / gain on securities (102,270) 58,211
Other income 89 -
Total non mark-up / interest income (36,212) 101,236
Total Income 906,855 536,046
Non mark-up / interest expenses
Operating expenses 322,425 267,421
Workers welfare fund 12,807 -
Other charges 3 4
Total non mark-up / interest expenses 335,235 267,425
Profit before provisions 571,620 268,621
Provisions and write offs - net 177,153 257,163
Extra ordinary / unusual items - -
Profit before taxation 394,467 11,458
Taxation 153,015 21,689

Profit / (Loss) after taxation

241,452 (10,231)
Basic and diluted earnings / (loss) per share - (Rupees) 0.40 (0.02)
Auditor(s):

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