Financials -  Yearly U Microfinance Bank Limited Balance Sheet   As at December 31, 2017 (Rupees in ' 000)   Dec 31, 2017 Dec 31, 2016 Assets Cash and balances with SBP and NBP 772,153,529 470,734,405 Balances with other Banks/ NBFIs/ MFBs 2,586,898,409 2,391,207,419 Investments 1,786,374,826 1,130,131,255 Advances - net of provisions 10,554,358,150 5,528,421,228 Operating fixed assets 465,355,215 303,027,259 Other assets 1,444,876,987 683,128,491 Deferred tax asset 20,870,591 85,066,133 Total assets 17,630,887,707 10,591,716,190 Liabilities Deposits 11,971,358,214 8,109,923,603 Borrowings 3,069,486,748 1,000,000,000 Subordinated debt 600,000,000 - Other liabilities 611,042,422 359,326,176 Total liabilities 16,251,887,384 9,469,249,779 Net assets 1,379,000,323 1,122,466,411 Represented by Share capital 1,285,714,290 1,285,714,290 Discount on issue of share capital (25,714,290) (25,714,290) Statutory and other reserve 86,878,972 22,137,467 Accumulated profit / (loss) 32,149,466 (160,733,099)   1,379,028,438 1,121,404,368 (Deficit) / surplus on revaluation of assets (28,115) 1,062,043 Total capital 1,379,000,323 1,122,466,411 U Microfinance Bank Limited 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 2,644,949,519 1,051,487,448 Mark-up / return / interest expensed (1,152,285,232) (428,307,584) Net mark-up / interest income 1,492,664,287 623,179,864 Provision against non-performing advances (86,252,023) (44,490,290) Net mark-up / interest income after provisions 1,406,412,264 578,689,574 Non mark-up / non interest income Fee, commission and brokerage income 448,264,770 312,449,856 Other income 5,097,590 5,067,159 Gain on sale of investments 4,736,459 1,463,600 Total non mark-up / non interest income 458,098,819 318,980,615   1,864,511,083 897,670,189 Non mark-up / non interest expenses Administrative expenses 1,446,736,556 800,812,379 Other Charges 1,851,000 1,130,000 Operating fixed assets written off - 154,867   (1,448,587,556) (802,097,246) Profit before taxation 415,923,527 95,572,943 Worker welfare fund (WWF) (8,318,471) 1,911,458   407,605,056 93,661,485 Taxation - current (83,401,162) (9,232,980)              - deferred (65,237,875) (12,075,942)   (148,639,037) (21,308,922) Profit after taxation 258,966,019 72,352,563 items not to be classified to profit and loss account in subsequent periods - net of tax - - Accumulated loss brought forward (160,733,099) (214,997,521)   98,232,920 (142,644,958) Attributable to: Transfer to:     Statutory reserves 51,793,204 14,470,513 Depositor's protection fund 12,948,301 3,617,628   64,741,505 18,088,141 Accumulated profit / (loss) carried forward 33,491,415 (160,733,099) Earnings per share 2.01 0.56 Auditor(s): Pakistan Banks' Association 2005. All Rights Reserved.