FINANCIAL HIGHLIGHTS

DECEMBER 31, 2015

 Key Performance Indicators

Assets 11% Deposits 16%

Rs. 1,706 bn
Rs. 1,431 bn

Advances &
18% Capital 1%
Investments*
Adequacy
Rs. 1,537 bn
17.6%
*Gross
 Key Performance Indicators

Pre-tax Profit 28%

51%* After-tax Profit
Rs. 33.2 bn
Rs. 19.2 bn

*Highest YoY PBT Growth among top 5 Banks.

After-tax RoE
After-tax RoA 20% 19%
17%
1.2%
 Key Performance Indicators

Earnings per
Dividend per 36%
Share 28%
Share
Rs. 9.03
Rs. 7.50

Total Dividend
Dividend
Payout 36% 7%
Payout Ratio
Rs. 15.9 bn
92%*
*after statutory reserves allocation.
 Summary of Financial Performance
(Rs. in million)

2015 2014 Growth

NII 53,721 45,804 7,917 17%
NFI 30,335 26,825 3,510 13%
Exchange income 4,648 3,552 1,096 31%
Operating income 88,704 76,181 12,523 16%
Staff costs 28,445 28,204 241 1%
Other costs 15,222 14,899 323 2%
Total costs 43,667 43,103 564 1%
Profit before provisions 45,037 33,078 11,959 36%
Provisions 11,821 11,077 744 7%
Pre-tax profit 33,216 22,001 11,215 51%
Tax 13,997 6,973 7,024 101%
After-tax profit 19,219 15,028 4,191 28%
 Statement of Financial Position
(Rs. in million)
ASSETS 2015 2014 Variance
Cash and balances with treasury banks 150,900 97,971 54%
Balances with other banks 20,128 12,108 66%
Lending to financial institutions 10,639 111,789 (90%)
Investments - net 826,302 561,764 (47%)
Advances - net 577,893 626,704 (8%)
Operating Fixed assets 31,936 31,796 0%
Deferred tax assets - net 9,669 9,877 (2%)
Other assets 78,895 91,045 (13%)
Total Assets 1,706,362 1,543,054 11%
LIABILITES
Bills payable 9,172 11,012 (17%)
Borrowings 21,911 37,541 (42%)
Deposits and other accounts 1,431,037 1,233,525 16%
Liabilities against assets subject to Finance Lease 36 13 181%
Other liabilities 75,855 82,639 (8%)
Total Liabilities 1,538,010 1,364,725 13%
NET ASSETS 168,351 178,329
Share capital 21,275 21,275 0%
Reserves 45,581 32,074 42%
Unappropriated profit 49,156 57,009 (14%)
Equity 116,011 110,356 5%
Surplus on revaluation of assets 52,340 67,973 (23%)
Total 168,351 178,329 (6%)
Breakup Value Per Share (Rs.) 79.13 83.82
 5 Years Summary of Performance Indicators

Key Financial Ratios 2011 2012 2013 2014 2015

Advance (Gross) to Deposits 63.90% 70.40% 64.30% 59.00% 48.30%
Cost to Income 45.70% 52.00% 56.90% 54.70% 47.60%
Earning Assets to Total Assets 91.20% 91.30% 90.90% 91.40% 92.90%
Investment to Deposits 34.50% 33.10% 36.10% 45.50% 57.70%
NPL Coverage 76.40% 82.00% 80.10% 83.90% 89.30%
Net Non-Performing Loans 4.70% 3.00% 4.20% 3.60% 2.90%
Return on Average Assets (ROA) 1.60% 1.20% 0.40% 1.10% 1.20%
Pre-tax Return on Average Equity 24.30% 19.90% 6.90% 20.80% 29.30%
After-tax Return on Average Equity (ROE) 16.40% 13.90% 5.40% 14.30% 17.00%
Return on Capital Employed (ROCE) 15.90% 14.30% 5.50% 13.60% 16.60%
Break Up Value Per Share 62.35 65.8 73.46 83.82 79.13
 3 Years Growth 2013-2015
(Rs. in million)

Cumulative
KPI 2015 2014 2013
Growth

Total Assets 1,706,361 1,543,054 1,364,926 25%

Deposits 1,431,037 1,233,525 1,101,138 30%

Pre-tax Profit 33,216 22,001 7,078 368%

 Revenue Composition 2014 v 2015
(Rs. in million)

100,000
88,704
90,000
80,000 76,181

70,000 34,983

60,000 30,377
50,000
Non interest income
40,000
30,000
53,721 Net Markup / Interest
20,000
45,804 income

10,000
-
2014 2015
 Non mark-up / interest income 2014 v 2015
(Rs. in million)

40,000
34,983
35,000 2,087
30,377
30,000
3,733
12,594
25,000 Other
8,773 Income from dealing in FC
20,000
4,648 Capital Gains
3,551 Dividend
15,000 3,260
2,185 Fee, Comm, Brokerage
10,000
12,135 12,395
5,000

-
2014 2015
 Administrative Expenses 2014 v 2015
(Rs. in million)

45,000 42,193
41,703
40,000
13,499
35,000
13,768
30,000

25,000
Personal
20,000 Expenses
Other Expenses
15,000 28,204 28,425
10,000

5,000

-
FY14 FY15
 Dividend Payout History - Peer Comparison
(Rs. in million)

2011 2012 2013 2014 2015

Dividend Paid 12,614 12,950 4,255 11,701 15,956
NBP
Payout Ratio 72% 89% 77% 78% 83%
Dividend Paid 10,035 11,958 14,166 15,820 17,808
MCB
Payout Ratio 52% 57% 73% 64% 70%
Dividend Paid 9,181 10,406 12,242 14,078 15,914
UBL
Payout Ratio 59% 58% 66% 64% 62%
Dividend Paid 8,651 9,092 10,668 17,646 20,536
HBL
Payout Ratio 35% 41% 54% 57% 58%
 Advances Portfolio

Products / 2014 2015

Functions PKR Billion PKR Billion
Corporate 313.8 314.6
Retail Loan * 133.7 126.5
Overseas 64.1 60.4
Agriculture 56.1 50.5
Commodity 57.6 48.3
Commercial 23.1 11.9
Asset Recovery 39.9 40.7
SME 36.0 31.7
PMYBL 3.1 6.3
Islamic 0.7 0.8
Gross Advances 728.1 691.7

* Retail loans include Advance Salary, Saibaan , Gold Loans & Staff Loans.

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 Deposits Portfolio

Products / 2014 2015

Functions PKR Billion PKR Billion

Current 344.0 388.6

PLS Saving 320.3 350.3

Term Deposits 222.8 275.9

NIDA 146.4 169.7

FCY Deposits 91.3 74.9

Islamic Banking 2.5 12.7

Overseas 106.2 158.9

Total Deposits 1,233.5 1,431.0

CASA Ratio* 76.5% 76.8%

* Domestic Branches

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 Advances & Deposits: By Type

Advances Deposits

9% 1%
8%
5% 5% 25%
7%
13%
3%
54%

22% 20% 28%

Current PLS Saving

Corporate Retail SME Loans Term Deposits NIDA
Agriculture Commodity Overseas Total. FCY Deposits Islamic Banking
Overseas

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 Advances Sectoral Concentration
General Trade Sugar
4% 3% Fertilizer Rice processing Category Rs. million
2% 2%
Commodity Real Estate Individuals 127,275
7% 1%
Energy 125,086
Agriculture Others Transportation 63,581
7% 11%
Textile 62,004
Metals Metals 55,645
8%
Agriculture 50,647

Commodity 48,315

General Trade 25,457

Sugar 21,968
Textile
Fertilizer 15,909
9%
Individuals
19% Rice processing 13,818

Real Estate 8,491

Transportation
9% Energy Others 73,427
18%
Total 691,622

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 NPL Sectoral Concentration

Hotel & Electronics

Services
Chart Title Category Rs. million
3%
4% Trans / Others Textile 31,824
Karobar Rice Proc.
Chemical & 3% 19%
3% Metals 18,319
Pharma
Sugar
3%
3% General Trade 10,420

Agriculture Individuals 6,751

4%
Energy 6,511

Agriculture 5,286

Hotel & Services 4,264

Energy Chemical & Pharma 4,175

5%
Sugar 4,064

Electronics 4,011
Individuals
5% Textile Trans / Karobar 3,986
25%
General Trade
8% Rice Proc. 3,510
Metals
15% Others 24,229

Total 127,350

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 Deposits Sectoral Concentration

Category Rs. million

0.7% 2.1% 1.3% 1.5%
2.1% Individuals 491,575
7.1%
2.1% 1.5%
1.1% Metals 3,610

Hotel & Services 165,700

Energy 100,788
40.2% 36.5% Auto & Trans. 5,135

General Trader 42,357

Agriculture 33,524

Real Estate 6,600

Financial 204,617
2.4% Telecom 71,610
1.4%
Textile 3,339

Energy Individuals Cement Others Fertilizer 2,666

Financial Chem & Pharma Auto & Trans Textile
Others 299,517
Telecom Transportation Fertilizer Hotel & Ser
Real Estate Total 1,431,037

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