BALANCE SHEET

ASSETS

Cash and balances with treasury banks

Balances with other banks
Due from financial institutions
Investments
Advances
Operating fixed assets
Deferred tax assets
Other assets
TOTAL ASSETS

2008

Rupees in '000

2009

Rupees in '000

1,349,649
65,580
200,000
5,094,613
15,758,678
927,882
360,893
1,045,522

1,923,526
724,802
1,433,817
12,446,033
18,503,815
1,570,754
381,016
1,189,612

24,802,817

38,173,375

75,963
1,869,940
16,616,466
0
0
0
420,328

213,209
1,554,801
31,307,488
0
0

18,982,697
5,820,120

34,118,975
4,054,400

5,000,000
1,314,828
-182,097
0
-312,611

5,000,000
1,064,828
-1,998,887
0

5,820,120
24,802,817

4,054,400
38,173,375

LIABILITIES

Bills payable
Due to financial Institutions
Deposits and other accounts
Sub-ordinated loans
Liabilities against assets subject to finance lease
Deferred tax liabilities
Other liabilities
TOTAL LIABILITIES
NET ASSETS
OWNER'S EQUITY
Share capital

Reserves
Accumulated Losses
Advance against future issue of capital
Surplus (Deficit) on Revaluation of Assets
TOTAL OWNER'S EQUITY
TOTAL LIABILITIES + OWNER'S EQUITY

0
1,043,477

-11,541

2010

Rupees in '000

2011

Rupees in '000

2012 Financial ratios

Rupees in '000

4,047,554
338,244
0
20,501,299
38,771,189
2,690,447
3,202,761
2,717,336

6,117,986
1,426,353
1,069,757
36,268,904
56,017,664
6,071,432
6,298,059
6,078,178

8,110,185
3,600,977
2,038,500
49,945,062
52,549,154
5,385,336
6041513
6,714,468

72,268,830

119,348,333

134,385,195

357,293
5,257,243
61,607,550
0
0
0
1,673,482

900,750
18,562,616
89,699,819
1,500,000
0
0
2,911,099

1,654,302
28,900,432
96,916,430
1,499,310
0
0
2,352,046

68,895,568
3,377,262

113,574,284
5,774,049

131,322,520
3,062,675

7,250,660
-1,335,050
-2,321,584
0
-220,764

10,779,796
-1,811,675
-3,392,192
0
198,120

10,779,796
-1,811,675
-6,071,210
0
165,764

3,377,262
72,268,830

5,774,049
119,348,333

3,062,675
134,385,195

Years
2008

2009

Years
2010

2011

2012

BALANCE SHEET

2008

2009

5.44%
0.26%
0.81%
20.54%
63.54%
3.74%
1.46%
4.22%
100.00%

5.04%
1.90%
3.76%
32.60%
48.47%
4.11%
1.00%
3.12%
100.00%

0.31%
7.54%
66.99%
0.00%
0.00%
0.00%
1.69%
76.53%
23.47%

0.56%
4.07%
82.01%
0.00%
0.00%
0.00%
2.73%
89.38%
10.62%

20.16%
5.30%
-0.73%
0.00%
-1.26%
23.47%
100.00%

13.10%
2.79%
-5.24%
0.00%
-0.03%
10.62%
100.00%

ASSETS

Cash and balances with treasury banks

Balances with other banks
Due from financial institutions
Investments
Islamic financing and related assets
Operating fixed assets
Deferred tax assets
Other assets
TOTAL ASSETS
LIABILITIES

Bills payable
Due to financial Institutions
Deposits and other accounts
Sub-ordinated loans
Liabilities against assets subject to finance lease
Deferred tax liabilities
Other liabilities
TOTAL LIABILITIES
NET ASSETS
OWNER'S EQUITY
Share capital

Reserves
Accumulated Losses
Advance against future issue of capital
Surplus (Deficit) on Revaluation of Assets
TOTAL OWNER'S EQUITY
TOTAL LIABILITIES + OWNER'S EQUITY

2010

2011

2012

5.60%
0.47%
0.00%
28.37%
53.65%
3.72%
4.43%
3.76%
100.00%

5.13%
1.20%
0.90%
30.39%
46.94%
5.09%
5.28%
5.09%
100.00%

6.04%
2.68%
1.52%
37.17%
39.10%
4.01%
4.50%
5.00%
100.00%

0.49%
7.27%
85.25%
0.00%
0.00%
0.00%
2.32%
95.33%
4.67%

0.75%
15.55%
75.16%
1.26%
0.00%
0.00%
2.44%
95.16%
4.84%

1.23%
21.51%
72.12%
1.12%
0.00%
0.00%
1.75%
97.72%
2.28%

10.03%
-1.85%
-3.21%
0.00%
-0.31%
4.67%
100.00%

9.03%
-1.52%
-2.84%
0.00%
0.17%
4.84%
100.00%

8.02%
-1.35%
-4.52%
0.00%
0.12%
2.28%
100.00%

BALANCE SHEET

2008

2009

100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%

142.52%
1105.22%
716.91%
244.30%
117.42%
169.28%
105.58%
113.78%
153.91%

100.00%
0.00%
100.00%
0.00%
0.00%
0.00%
100.00%
100.00%
100.00%
0.00%
100.00%
0.00%
100.00%
0.00%
100.00%
100.00%
100.00%

280.67%
0.00%
188.41%
0.00%
0.00%
0.00%
248.25%
179.74%
69.66%
0.00%
100.00%
0.00%
1097.70%
0.00%
3.69%
69.66%
153.91%

ASSETS

Cash and balances with treasury banks

Balances with other banks
Due from financial institutions
Investments
Islamic financing and related assets
Operating fixed assets
Deferred tax assets
Other assets
TOTAL ASSETS
LIABILITIES

Bills payable
Due to financial Institutions
Deposits and other accounts
Sub-ordinated loans
Liabilities against assets subject to finance lease
Deferred tax liabilities
Other liabilities
TOTAL LIABILITIES
NET ASSETS
OWNER'S EQUITY
Share capital

Reserves
Accumulated Losses
Advance against future issue of capital
Surplus (Deficit) on Revaluation of Assets
TOTAL OWNER'S EQUITY
TOTAL LIABILITIES + OWNER'S EQUITY

2010

2011

2012

299.90%
515.77%
0.00%
402.41%
246.03%
289.96%
887.45%
259.90%
291.37%

453.30%
2174.98%
534.88%
711.91%
355.47%
654.33%
1745.13%
581.35%
481.19%

600.91%
5490.97%
1019.25%
980.35%
333.46%
580.39%
1674.05%
642.21%
541.81%

470.35%
0.00%
370.76%
0.00%
0.00%
0.00%
398.14%
362.94%
58.03%
0.00%
145.01%
0.00%
1274.92%
0.00%
70.62%
58.03%
291.37%

1185.77%
0.00%
539.82%
0.00%
0.00%
0.00%
692.58%
598.30%
99.21%
0.00%
215.60%
0.00%
1862.85%
0.00%
-63.38%
99.21%
481.19%

2177.77%
0.00%
583.26%
0.00%
0.00%
0.00%
559.57%
691.80%
52.62%
0.00%
215.60%
0.00%
3334.05%
0.00%
-53.03%
52.62%
541.81%

PROFIT & LOSS ACCOUNT

2008

Profit / return / interest earned

Profit / return / interest expensed

2,471,982
-1,585,875

Net mark-up / interest income/Spread earned

Provision against non-performing Islamic and advances - net
Provision for diminution in the value of investments
Bad debts written off directly

Total
Net mark-up / interest income/Spread earned after provisions
Non mark-up / interest income/Other incomes
Fee, commission and brokerage income
Dividend income
Income from dealing in foreign currencies
Gain / loss on sale of securities - net
Unrealised (loss) / gain on revaluation of investments classified held for
trading
Other income

Total non-markup / interest income/Other income

Non mark-up / interest expenses/Other Expense
Administrative expenses
Other provisions / write offs
Other charges

Total non-markup / interest expenses/Other Expense

loss before taxation
Taxation
Current
Prior years
Deffered
Total

Profit/Loss After Taxation

886,107
-623,202
0
0

-623,202
262,905
79,135
107,615
-29,706
5,311
0
4,425

166,780
429,685
774,742
0
2,217

776,959
-347,274
-84,254
4,105
236,015
155,866

-191,408

Column6

2009

2010

2011

2012

3,514,363
-2,877,797

7070906
-6102417

9,531,408
-9,025,273

10,265,092
-10,137,766

636,566

968489

506135

127,326

-1,816,580
-224,207

-1937467

-492,769

-393055

38879

-2253

-33,639
41,004
-39754

-2,040,787
-1,404,221

-2330522
1062033

-456143
49,992

-32,380
94,946

141,594
33,120
-52,752
65,534

314,244
56,578
-79,568
253,977

437,129
100,120
165,894
-47,972

620,220
141,826
387,904
339,444

4,423
12,616

874
35,592

-5337
94,501

-5
97,360

195,689
-1,208,532

581,697
-780,336

744,335
794,327

1,377,100
1,472,046

1,064,723
0
12,331

-2,735,740
-349,554
-9,815

-3,782,341
-35,729
-19,354

-3958079
-29800
-9083

1,077,054

-3,095,105

-3,837,424

-3996962

-2,285,586

-3,875,445

-3,043,097

-2524916

-35,799
72,359
182,236
218,796

-786,637
0
935,709
857,072

-107,310
0
1613569
1,506,259

-76,717
0
-132523
209240

-2,066,790

-3,018,773

-1,536,838

-2734156

PROFIT & LOSS ACCOUNT

2008

Profit / return / interest earned

Profit / return / interest expensed

100.00%
-64.15%
35.85%
-25.21%
0.00%
0.00%
-25.21%
244.30%
0.00%
3.20%
4.35%
-1.20%
0.21%
0.00%
0.51%
0.18%
6.75%
17.38%
31.34%
0.00%
0.09%
31.43%
-14.05%
0.00%
-3.41%
0.17%
9.55%
6.31%
-7.74%

Net mark-up / interest income/Spread earned

Provision against non-performing Islamic and advances - net
Provision for diminution in the value of investments
Bad debts written off directly

Total
Net mark-up / interest income/Spread earned after provisions
Non mark-up / interest income/Other incomes
Fee, commission and brokerage income
Dividend income
Income from dealing in foreign currencies
Gain / loss on sale of securities - net
Unrealised (loss) / gain on revaluation of investments classified held for trading
classified as held-for-trading
Other income

Total non-markup / interest income/Other income

Non mark-up / interest expenses/Other Expense
Administrative expenses
Other provisions / write offs
Other charges

Total non-markup / interest expenses/Other Expense

loss before taxation
Taxation
Current
Prior years
Deffered
Total

Profit/Loss After Taxation

2009

2010

2011

2012

100.00%
-81.89%
18.11%
-51.69%
-6.38%
0.00%
-58.07%
-4239.80%
0.00%
4.03%
0.94%
-1.50%
1.86%
0.13%
0.00%
0.36%
5.57%
-34.39%
30.30%
0.00%
0.35%
30.65%
-65.04%
0.00%
-1.02%
2.06%
5.19%
6.23%
-58.81%

100.00%
-86.30%
13.70%
-27.40%
-5.56%
0.00%
-32.96%
1877.11%
0.00%
4.44%
0.80%
-1.13%
3.59%
0.01%
40.11%
0.50%
8.23%
-11.04%
-38.69%
-4.94%
-0.14%
-43.77%
-54.81%
0.00%
-11.12%
0.00%
13.23%
12.12%
-42.69%

100.00%
-94.69%
5.31%
-5.17%
0.41%
-0.02%
-4.79%
49.93%
0.00%
4.59%
1.05%
1.74%
-0.50%
-0.06%
0.00%
0.99%
7.81%
8.33%
-39.68%
-0.37%
-0.20%
-40.26%
-31.93%
0.00%
-1.13%
0.00%
16.93%
15.80%
-16.12%

100.00%
-98.76%
1.24%
-0.33%
0.40%
-0.39%
-0.32%
66.95%
0.00%
6.04%
1.38%
3.78%
3.31%
0.00%
0.00%
0.95%
13.42%
14.34%
-38.56%
-0.29%
-0.09%
-38.94%
-24.60%
0.00%
-0.75%
0.00%
-1.29%
2.04%
-26.64%

PROFIT & LOSS ACCOUNT

2008

Profit / return / interest earned

Profit / return / interest expensed

100.00%
100.00%
100.00%
100.00%
0.00%
0.00%
100.00%
100.00%

Net mark-up / interest income/Spread earned

Provision against non-performing Islamic and advances - net
Provision for diminution in the value of investments
Bad debts written off directly

Total
Net mark-up / interest income/Spread earned after provisions
Non mark-up / interest income/Other incomes
Fee, commission and brokerage income
Dividend income
Income from dealing in foreign currencies
Gain / loss on sale of securities - net

100.00%
100.00%
100.00%
100.00%

Unrealised (loss) / gain on revaluation of investments classified held for trading

classified as held-for-trading
Other income

0.00%
100.00%
100.00%
100.00%
100.00%
100.00%
0.00%
100.00%
100.00%
100.00%

Total non-markup / interest income/Other income

Non mark-up / interest expenses/Other Expense
Administrative expenses
Other provisions / write offs
Other charges

Total non-markup / interest expenses/Other Expense

loss before taxation
Taxation
Current
Prior years
Deffered
Total

Profit/Loss After Taxation

100.00%
100.00%
100.00%
100.00%
100.00%

2009

2010

2011

2012

142.17%
-116.42%
25.75%
-73.49%
100.00%
0.00%
-82.56%
-56.81%

286.04%
-246.86%
39.18%
-78.38%
-15.90%
0.00%
-94.28%
42.96%

5.73%
1.34%
-2.13%
-10.52%

12.71%
2.29%
-3.22%
10.27%

385.58%
-365.10%
20.47%
-19.93%
-9.89%
100.00%
-18.45%
2.02%
0.00%
17.68%
4.05%
6.71%
-1.94%

415.26%
-410.11%
5.15%
-1.36%
1.66%
-1.61%
-1.31%
3.84%
0.00%
25.09%
5.74%
15.69%
13.73%

100.00%
0.00%
0.51%
7.92%
-48.89%
43.07%
0.00%
0.50%
43.57%
-92.46%

0.04%
114.73%
1.44%
23.53%
-31.57%
-110.67%
-14.14%
-0.40%
-125.21%
-156.77%

-0.22%
0.00%
3.82%
30.11%
32.13%
-153.01%
-1.45%
-0.78%
-155.24%
-123.10%

0.00%
-1.45%
2.93%
7.37%
8.85%

0.00%
-31.82%
0.00%
37.85%
34.67%

0.00%
-4.34%
0.00%
65.27%
60.93%

0.00%
0.00%
3.94%
55.71%
59.55%
-160.12%
-1.21%
-0.37%
-161.69%
-102.14%
#VALUE!
0.00%
-3.10%
0.00%
-5.36%
8.46%

Liquidity Ratios
Current Ratio = Current Assets/Current Liabilities
Year
current assets
current liabilities
current ratio

2008

2009

2010

2011

2009

2010

2011

2008

2009

2010

2011

2008

2009

2010

2011

2009

2010

2011

2010

2011

Advance to Deposit Ratio=( Advances (gross)/Total Deposits) X 100

Year
Advances (gross)
Total Deposits
Advance to Deposit Ratio

2008

Cash to Current Liabilities Ratio= Cash/ Current Liabilities

Year
Cash
Current Liabilities
Cash to Current Liabilities Ratio

Debt Ratios
Debt Ratio= Total Liabilities/Total Assests
Year
Total Liabilities
Total Assests
Debt Ratio

Debt to Equity Ratio= Total Liabilities/ Owner's Equity

Year

2008

Total Liabilities
Owner's Equity
Debt to Equity Ratio
Time Intrest Earned Ratio==Profits before Intrest & Taxes/Intrest (Financing cost)
Year
Profits before Intrest & Taxes
Intrest (Financing cost)
Time Intrest Earned Ratio

2008

2009

Profitability Ratios
Profit before Tax Margin= (Profit before Taxation/ Intrest Earned) x100
Year

2008

2009

2010

2011

2009

2010

2011

2009

2010

2011

2009

2010

2011

2010

2011

Profit before Taxation

Intrest Earned
Proft before tax margin

Gross Spread Margin Ratio=(Gross Profits/Sales)x100

Year

2008

Gross Spread
Intrest Earned
Gross Spread Margin Ratio

Return on Asset= (Net Profit after tax/ Total Assets) x100

Year

2008

Net Profit after tax

Total Assets
Return on Assets
Return on Equity= (Net Profit after tax/ Owner's Equity) x 100
Year

2008

Net Profit after tax

Owner's Equity
Return on Equity

Market Ratio
Earning Per Share= Net Profit after Tax/ Number of Share Outstanding
Year

2008

Net Profit after tax

Number of Share Outstanding
Earning per share
Price Earning Ratio= Market Price Share/Earning per share

2009

Year
Market Price Share
Earning per share
Price Earning Ratio

2008

2009

2010

2011

2010

2011

2009

2010

2011

2009

2010

2011

2009

2010

2011

2009

2010

2011

Landing Ratio= Intrest Earned/ Advances+Investments+lending to F.I X 100

Year
Intrest Earned
Advances+Investments+lending to F.I
Lending Ratio

2008

2009

Return on Deposits Ratio= Intrest Expense/ Deposits+ Borrowings X 100

Year
Intrest Expense
Deposits + Borrowings
Return on deposits ratio

2008

Admin cost to Depostis Ratio= Admministration Cost/ Deposits X 100

Year
Administration Cost
Deposits
Admin cost to Deposts Ratio

2008

Cost of Funds Ratio= Return on Deposits Ratio + Admin cost to Depostis Ratio
Year
Return on deposits ratio
Admin cost to Deposts Ratio
Cost of Funds Ratio

2008

Infection Ratio= Non-performing loans / Total Advances (gross)

Year
Non-performing loans
Advances (gross)
Infection Ratio

2008

2012

2012

2012

2012

2012

2012

2012

2012

2012

2012

2012

2012

2012

2012

2012

2012

2012