Financials -  Yearly
Citibank N.A., Pakistan
Balance Sheet
  As at December 31, 2017
(Rupees in ' 000)
 
Dec 31, 2017
Dec 31, 2016
Assets
Cash and balances with treasury banks 5,907,205 5,480,867
Balances with other banks 1,091,101 1,542,895
Lendings to financial institutions 23,930,516 13,325,003
Investments - net 57,091,381 66,676,243
Advances - net 24,483,524 21,421,510
Fixed assets 541,286 579,296
Deferred tax assets - net 62,145 133,999
Other assets 4,068,828 2,890,571
  117,175,986 112,050,384
Liabilities
Bills payable 1,836,429 2,524,303
Borrowings from financial institutions 15,460,370 18,394,904
Deposits and other accounts 78,817,906 75,076,382
Sub-ordinated loans - -
Liabilities against assets subject to finance lease - -
Deferred tax liabilities - -
Other liabilities 11,858,203 5,834,617
  107,972,908 101,830,206
Net assets 9,203,078 10,220,178
Represented by
Head office capital account 6,812,671 6,812,671
Reserves 163,039 168,704
Unremitted profit 2,232,629 3,174,345
  9,208,339 10,155,720
(Deficit) / surplus on revaluation of assets - net of tax (5,261) 64,458
  9,203,078 10,220,178

Citibank N.A., Pakistan
Profit And Loss Account
  For the year ended December 31, 2017
(Rupees in ' 000)
 
Dec 31, 2017
Dec 31, 2016
Mark-up / return / interest earned 6,146,996 5,696,189
Mark-up / return / interest expensed 3,206,755 2,894,239
Net mark-up / return / interest income 2,940,241 2,801,950
Reversal against loans and advances - net (68,067) (84,686)
Bad debts (recovered) / written off directly - -
Provision against off-balance sheet obligations - net - -
  (68,067) (84,686)
Net mark-up / interest income after provisions 3,008,308 2,886,636
Non mark-up / interest income
Fee, commission and brokerage income 826,229 816,831
Income from dealing in foreign currencies 1,859,978 1,837,474
Gain on sale of securities 76,856 1,528,416
Unrealised gain on revaluation of investments classified as held for trading 5,495 15,700
Other income 70,746 182,310
Total non mark-up / interest income - net 2,839,304 4,380,731
  5,847,612 7,267,367
Non mark-up / interest expense
Administrative expenses 2,032,316 1,979,939

Reversal of provision against appreciation / diminution in the value of non-banking assets - net

 - -
Operating fixed assets written off - -
Other charges 60,643 95,999
Total non mark-up / interest expenses - net 2,092,959 2,075,938
Profit before taxation 3,754,653 5,191,429
Taxation - current 1,217,112 1,685,316
             - prior years 190,482 160,000
             - deferred 113,139 145,008
  1,520,733 1,990,324
Profit after taxation 2,233,920 3,201,105
Auditor(s):
Pakistan Banks' Association 2005. All Rights Reserved.