Financials -  Yearly
Pakistan Mortgage Refinance 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 50,780 653
Balances with other banks 2,382,641 504,566
Lendings to financial institutions - 912,000
Investments 8,821,820 1,009,632
Advances 7,729,232 1,200,000
Fixed assets 78,340 45,067
Intangible assets 9,220 11,112
Deferred tax assets - -
Other assets 504,512 66,648
  19,576,545 3,749,678
Liabilities
Bills payable - -
Borrowings 7,565,788 -
Deposits and other accounts - -
Liabilities against assets subject to finance lease - -
Sub-ordinated loans 7,050,716 -
Deferred tax liabilities - -
Other liabilities 263,769 36,588
  14,880,273 36,588
Net assets 4,696,272 3,713,090
Represented by
Share capital 3,658,506 3,658,506
Reserves 191,375 11,007
Surplus / (deficit) on revaluation of assets 80,244 -
Unappropriated profit 766,147 43,577
  4,696,272 3,713,090

Pakistan Mortgage Refinance 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 1,529,275 223,605
Mark-up / return / interest expensed 336,696 -
Net mark-up / interest income 1,192,579 223,605
Non mark-up / interest income
Fee and commission income - -
Dividend income - -
Foreign exchange income - -
Income / (loss) from derivatives - -
Gain on securities 20 -
Other income 900 30
Total non mark - up / interest income 920 30
Total income 1,193,499 223,635
Non mark-up / interest expenses
Operating expenses 272,060 166,877
Workers welfare fund 19,564 -
Other charges 33 -
Total non mark-up / interest expenses 291,657 166,877
Profit before provisions 901,942 56,758
Provisions and write offs - net - -
Profit before taxation 901,842 56,758
Taxation - (1,721)
Profit after taxation 901,842 55,037
Basic and diluted  earnings (loss) / per share 2.46 0.22
Auditor(s):

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