ASKARI Final Sheet

7/31/2019 ASKARI Final Sheet

1/16

% change amount

1.cash and balance with treasury banks

In Hand

local currency 5.61% 3906099

foreign currency -11.12% 971932

national price bonds -52.12% 8688

With The State Bank Of Pakistan In:

local currency current accounts 28.60% 12651165

foreign currency current account 24.92% 2391749

foreign currency deposits account -0.13% 5359856

19.18% 20402770

With National Bank Of Pakistan In:

local currenurrent accountscy c 38.21% 878692

total cash and balance with treasury banks 15.97% 26168181

2.balances with other banks

In Pakistan

on current account 39.21% 542606on deposit account -40.93% 283861

Outside Paksitan

on current account 4.00% 1292950

on deposit account 146.24% 4115638

total balances with other banks 64.74% 6235055

3.lendings to financial institutions

repurchase agreement lendings(reverse repo) -95.68% 360501

purchase under resale agreement of equity security 0.00% 200000funded trade finance 57.55% 1214267

provision against reverse repo 23.37% -183184

net lendings to financial institutions -82.65% 1591584

4.investments

Available for sale securities

Market Treasury Bills 32.40% 93,097,039

balance sheet

ASKARI BANK

2011

ASSETSCURRENT ASSETS


2/16

Pakistan Investment Bonds 145.35% 18,796,995

Fully paid ordinary shares / units 53.98% 1,637,867

Units of open end mutual funds 3.55% 1,574,714

Fully paid preference shares -10.67% 67,000

Term Finance Certificates -61.69% 4,895,969

National Investment Trust (NIT) units 67.40% 372,762Sukuk Certificates 139.35% 8,150,281

Government of Pakistan Euro Bond 48.51% 948,612

Foreign securities -32.96% 133,555

Held to maturity securities

Term Finance Certificates -29.22% 523,726

Pakistan Investment Bonds -2.84% 1,070,676

Government of Pakistan Euro Bonds 8.36% 1,038,061

Sukuk Certificates -14.15% 1,728,334Credit Linked Notes 5.03% 449,729

Investment in associate

Askari General Insurance Company Limited 51.62% 53,703

Investment in subsidiaries

Askari Investment Management Limited 37.04% 185,000

Askari Securities Limited 0.00% 114789

Provision for diminution in value of investments 11.56% -420,806

Deficit on revaluation of available for sale securities net -16.33% -661,294

total investments 30.83% 133,756,712

5.advances

Loans, cash credits, running finances, etc.

In Pakistan -2.08% 139,289,784

Outside Pakistan 5255.76% 3,103,127

Net investment in lease finance In Pakistan -26.32% 6,477,358

Ijarah financing In Pakistan -39.17% 671,147

Net book value of assets / investments in Ijarah under IFA 2.56% 319,125Bills discounted and purchased

Payable in Pakistan 33.04% 11,213,180

Payable outside Pakistan -15.94% 6,305,678

Provision against nonperforming advances

Specific provision 7.02% -16,291,514

General provision -0.05% -132,130


3/16

General provision against consumer financing -17.39% -245,046

Advances net of provision -1.36% 150,710,709

6.operating fixed assets

Capital workinprogress -97.41% 43,329

Property and equipment -2.85% 8,080,756Intangibles 1,224,730

total operating fixed assets -6.40% 9,348,815

7.deferred tax asstes

8.other assets

Income / markup accrued in local currency -3.99% 7,145,152

Income / markup accrued in foreign currencies 12.92% 165,990

Advances, deposits, advance rent and other prepayments 18.61% 1,454,544

Advance taxation (payments less provisions) 4.24% 2,960,034Non banking assets acquired in satisfaction of claims 62.98% 3,485,578

Unrealised gain on forward foreign exchange contracts net 327,317

Suspense account 52.44% 50,691

Stationary and stamps in hand 7.53% 46,447

Dividend receivable 387.80% 8,834

Others -4.49% 398,325

Provision against other assets -0.47% -97,662

Other assets net of provision 12.37% 15,945,250

total assets 9.23% 343,756,306

1.bills payable

In Pakistan -10.81% 2,756,032

2.borrowings

In Pakistan -32.47% 17,212,842

Outside Pakistan -8.72% 60,6283.deposits and other accounts

Customers

Fixed deposits 33.73% 89,523,862

Savings deposits 6.79% 141,028,007

Current accounts nonrem 6.77% 56,633,911

Special exporters account -88.91% 11,509

LIABILITES AND OWNERS EQUITY

CURRENT LIAB

NON CURRENT ASSETS


4/16

Margin accounts -21.22% 2,416,273

Others 37.78% 380,598

Financial institutions

Remunerative deposits 244.55% 1,507,056

Nonremunerative deposits -61.51% 1,777

total depostits and other accounts 13.90% 291,502,993

4.sub ordinated loans

Term Finance Certificates I -0.04% 1,496,100

Term Finance Certificates II -0.04% 1,496,400

Term Finance Certificates III -0.04% 2,997,600

Term Finance Certificates IV 1,000,000

total sub ordinated loans 16.65% 6,990,100

5.liabilities against assets subject to finance lease6.deferred tax liabilities

Deferred credits / (debits) arising due to:

Accelerated tax depreciation -4.10% 711,324

Provision against nonperforming advances

excess of 1% of total advances -225.66% 404,730

classified in substandard category -113.70% 7,883

Deficit on revaluation of available for sale securities -183.67% 231,453

total deferred tax liabilities 93.43% 165,394

7.other liabilities

Markup / return / interest payable in local currency 20.60% 2,059,529

Markup / return / interest payable in foreign currencies 187.25% 76,145

Unearned income / commission -18.82% 188,368

Accrued expenses -6.24% 338,596

Advance payments -18.35% 52,068

Security deposit against lease / Ijarah financing -20.31% 3,044,275

Unclaimed dividends -0.56% 39,157

Unrealised loss on forward foreign exchange contracts net 0Branch adjustment account -20.36% 622,392

Payable to defined contribution plan 6220.90% 22,376

Payable against purchase of listed shares -28.36% 162,103

Withholding taxes payable 92.20% 43,795

Federal excise duty payable -90.58% 2,503

Workers Welfare Fund 327.81% 108,000

NON CURRENT LIAB


5/16

Others -10.20% 615,114

total other liabilities -8.75% 7,374,421

total liabilities 9.15% 326,062,410

share capital 10.00% 7070184

reserves 5.79% 8136440unappropriated profit 85.54% 1302158

surplus on revaluation of assets 7.09% 1267484

total equity 11.07% 17776266

total liabilities and equity 9.22% 343,756,306

EQUITY


6/16

% of total % chang amount % of total

1.14% 3698621 1.18%

0.28% 1093497 0.35%

0.00% 18146 0.01%

3.68% 9837640 3.13%

0.70% 1914623 0.61%

1.56% 5366912 1.71%

5.94% 17119175 5.44%

0.00%

0.26% 635749 0.20%

7.61% 22565188 7.17%

0.00%

0.00%

0.16% 389770 0.12%0.08% 480534 0.15%

0.00%

0.38% 1243196 0.40%

1.20% 1671362 0.53%

1.81% 3784862 1.20%

0.00%

0.10% 8349938 2.65%

0.06% 200000 0.06%0.35% 770730 0.24%

-0.05% -148482 -0.05%

0.46% 9172186 2.91%

0.00%

0.00%

27.08% 70,313,741 22.34%

2010


7/16

5.47% 7,661,238 2.43%

0.48% 1,063,673 0.34%

0.46% 1,520,717 0.48%

0.02% 75,000 0.02%

1.42% 12,779,061 4.06%

0.11% 222,681 0.07%2.37% 3,405,240 1.08%

0.28% 638,767 0.20%

0.04% 199,210 0.06%

0.00%

0.15% 739,941 0.24%

0.31% 1,101,980 0.35%

0.30% 957,964 0.30%

0.50% 2,013,203 0.64%0.13% 428,184 0.14%

0.00% 0.00%

0.02% 35,419 0.01%

0.00% 0.00%

0.05% 135,000 0.04%

0.03% 114789 0.04%

-0.12% -377,210 -0.12%

-0.19% -790,401 -0.25%

38.91% 102,238,197 32.49%

0.00% 0.00%

0.00% 0.00%

40.52% 142,242,261 45.20%

0.90% 57,940 0.02%

0.00%

1.88% 8,791,362 2.79%

0.20% 1,103,349 0.35%

0.09% 311,162 0.10%0.00%

3.26% 8,428,437 2.68%

1.83% 7,501,252 2.38%

0.00% 0.00%

-4.74% -15,222,798 -4.84%

-0.04% -132,190 -0.04%


8/16

-0.07% -296,638 -0.09%

43.84% 152,784,137 48.55%

0.01% 1,670,316 0.53%

2.35% 8,317,647 2.64%0.36% 0 0.00%

2.72% 9,987,963 3.17%

2.08% 7,441,717 2.36%

0.05% 146,993 0.05%

0.42% 1,226,284 0.39%

0.86% 2,839,632 0.90%1.01% 2,138,640 0.68%

0.10% 0 0.00%

0.01% 33,254 0.01%

0.01% 43,193 0.01%

0.00% 1,811 0.00%

0.12% 417,056 0.13%

-0.03% -98,121 -0.03%

4.64% 14,190,459 4.51%

100.00% 314,722,992 100.00%

0.80% 3,089,984 0.98%

0.00% 0.00%

5.01% 25,488,358 8.10%

0.02% 66,419 0.02%

26.04% 66,943,251 21.27%

41.03% 132,060,695 41.96%

16.48% 53,043,324 16.85%

0.00% 103,746 0.03%


9/16

0.70% 3,067,234 0.97%

0.11% 276,239 0.09%

0.44% 437,397 0.14%

0.00% 4,617 0.00%

84.80% 255,936,503 81.32%

0.44% 1,496,700 0.48%

0.44% 1,497,000 0.48%

0.87% 2,998,800 0.95%

0.29% 0 0.00%

2.03% 5,992,500 1.90%

0.21% 741,757 0.24%

0.12% -322,083 -0.10%

0.00% -57,527 -0.02%

0.07% -276,640 -0.09%

0.05% 85,507 0.03%

0.60% 1,707,739 0.54%

0.02% 26,508 0.01%

0.55% 232,043 0.07%

0.10% 361,119 0.11%

0.02% 63,769 0.02%

8.86% 3,820,305 1.21%

0.01% 39,376 0.01%

62,587 0.02%0.18% 781,487 0.25%

0.01% 354 0.00%

0.05% 226,276 0.07%

0.01% 22,786 0.01%

0.00% 26,568 0.01%

0.03% 25,245 0.01%


10/16

0.18% 684,977 0.22%

2.15% 8,081,139 2.57%

94.85% 298,740,410 94.92%

2.06% 6427440 2.04%

2.37% 7691319 2.44%0.38% 701819 0.22%

0.37% 1183564 0.38%

5.17% 16004142 5.09%

100.00% 314,744,552 100.01%


11/16

% change

MARKUP / RETURN / INTEREST EARNED

-2.28%

15.74%

77.59%

27.91%

-49.98%

-30.23%

19.90%

25.24%

120.23%

5.63%

-69.37%

-3.48%

-17.04%

-63.70%

26.55%

7.18%

-6.09%

37.89%

5.72%

2675.86%

112.22%

226.94%

-132.89%

539.39%

44.55%

SALES

CGS

OTHER INCOME

Income

Aska

Others

total provision for loan loses

Fee, commission and brokerage income

Dividend income

Income from dealing in foreign currencies

Non markup / interest income

Gain on sale of securities netFederal Government Securities

Market Treasury Bills

Pakistan Investment Bonds

Term Finance Certificates

Shares Listed

Bad debts written off directly

On call money borrowings

On refinance borrowings from SBP

On long term finance for export oriented projects from SBP

On other short term borrowings

total interest expensed

Net markup / interest income

PROVISION FOR LOAN LOSES

Provision against nonperforming loans and advances netmpairment loss on available for sale investments

Provision for diminution in the value of investments

Provision against repurchase agreement lendings

total interest earned

MARKUP / RETURN / INTEREST EXPENSEDOn deposits

On securities sold under repurchase agreements

On subordinated loans

On deposits with financial institutions

On securities purchased under resale agreements

On loans and advances to:

i) Customers

ii) Financial institutions

On investments

i) Available for sale securities

ii) Held to maturity securities

iii) Held for trading


12/16

23.09%

-99.08%

23.41%

-13.55%

-9.65%

3.66%

6.61%

0.09%

5.82%

119.63%

9.39%

-41.14%-13.31%

8.09%

90.03%

-1.14%

-45.53%

-81.40%

40.00%

8.33%

3.60%

10.58%

95.05%

118.18%

104.42%

Total nonmarkup / interest expenses 11.09%

89.51%

152.63%

13838.60%137.92%

72.58%

-23.69%

609.07%

68.93%

GROSS PROFIT

Taxation

OTHER EXPENSES

Workers Welfare Fund

Penalties imposed by the State Bank of Pakistan

Profit before taxation

Donations

Salaries, allowances, etc.

Charge for defined benefit plan

Contribution to defined contribution plan

Nonexecutive directors fees, allowances and other expenses

Rent, taxes, insurance, electricity, etc.

Effect of translation of net investment in Wholesale Bank Branch

Auditors remuneration

Depreciation

Amortization

Other expenditure (traveling, security services, etc.)

Other provisions / write offs

Brokerage and commission

Communications

Repairs and maintenance

Stationery and printing

Advertisement and publicity

OTHER CHARGES

Total comprehensive(Net) income

total operating income

current

deferred

profit after taxation

Other comprehensive income

Effect of rescheduled / restructured classified advances

Legal and professional charges

ADMINISTRATIVE EXPENSES

Unrealised loss on revaluation of investments classified as held for

trading net

OTHER INCOME

Rent on property

Gain on sale of operating fixed assets

Rent of lockers

Recovery of expenses from customers

Total nonmarkup / interest income

Non markup / interest expenses


13/16

amount % of total % change amount % of total

17,704,368 50.11% 18,117,192 60.89%

86,448 0.24% 74,692 0.25%

13,876,815 39.28% 7,813,748 26.26%

543,789 1.54% 425,135 1.43%

2,916 0.01% 0

188,957 0.53% 377,791 1.27%

363,058 1.03% 520,350 1.75%

32,766,351 92.74% 27,328,908 91.85%

18,816,220 53.26% 15,023,859 50.49%

2,010,892 5.69% 913,089 3.07%

921,388 2.61% 872,312 2.93%

52,632 0.15% 171,816 0.58%

834,023 2.36% 864,061 2.90%

55,509 0.16% 66,909 0.22%

8,919 0.03% 24,570 0.08%

22,699,583 64.25% 17,936,616 60.28%

10,066,768 28.49% 9,392,292 31.57%

1,630,123 4.61% 2,319,280 7.79%122,421 0.35% 382,764 1.29%

43,596 0.12% 296,530 1.00%

34,702 0.10% 65,808 0.22%

0 0.00% 0 0.00%

1,830,842 5.18% 3,064,382 10.30%

1,193,986 3.38% 1,271,467 4.27%

289,470 0.82% 209,922 0.71%

772,495 2.19% 730,693 2.46%

0.00%0.00%

113,283 0.32% 4,081 0.01%

26,825 0.08% 12,640 0.04%

17,308 0.05% 5,294 0.02%

-52,271 -0.15% 158,909 0.53%

202,067 0.57% 31,603 0.11%

307,212 0.87% 212,527 0.71%

tatement

ri Bank

20102011


14/16

0 0.00% -354 0.00%

0.00%

38,017 0.11% 30,886 0.10%

20 0.00% 2,180 0.01%

17,450 0.05% 14,140 0.05%

284,271 0.80% 328,836 1.11%

339,758 0.96% 376,042 1.26%

2,902,921 8.22% 2,800,297 9.41%

4,155,672 11.76% 3,898,188 13.10%

165,706 0.47% 165,563 0.56%

129,699 0.37% 122,565 0.41%

2,350 0.01% 1,070 0.00%

1,047,204 2.96% 957,305 3.22%

51,647 0.15% 87,748 0.29%144,992 0.41% 167,246 0.56%

315,054 0.89% 291,466 0.98%

1,016,418 2.88% 534,869 1.80%

125,618 0.36% 127,072 0.43%

73,685 0.21% 135,277 0.45%

16,000 0.05% 86,015 0.29%

13,448 0.04% 9,606 0.03%

741,172 2.10% 684,196 2.30%

76,634 0.22% 0

564,013 1.60% 544,432 1.83%

8,639,312 24.45% 7,812,618 26.26%0 0.00% 0

0.00%

49,240 0.14% 25,245 0.08%

37,544 0.11% 17,208 0.06%

86,784 0.25% 42,453 0.14%

8,726,096 24.70% 7,855,071 26.40%

2,412,751 6.83% 1,273,136 4.28%

832,723 2.36% 329,617 1.11%

47,670 0.13% 342 0.00%785,053 2.22% 329,959 1.11%

1,627,698 4.61% 943,177 3.17%

0.00% 0.00%

40,723 0.12% 53,362 0.18%

19,783 0.06% 2,790 0.01%

1,688,204 4.78% 999,329 3.36%

35,329,514 100.00% 29,753,517 100.00%


15/16

2011 2010

1 ROE=NI/TE 9% 6%

2 ROA =NI/TA 0% 0%

3 EM=TA/TE 19.3 19.7

4 NET PROFIT MARGIN=NET PROFIT/INCOME 5% 3%5 AU=TOTAL REV/TA 10% 9%

6 (NIM)NET INTERSET MARGIN=NII/EARNING ASSETS 7% 8%

7 ER expense ratio =(total operating expense/TA) 10% 9%

8 EARNING BASE=EA/TA 39% 35%

9 EFFICIENCY RATIO=NON INT EXP/NET INT INCOME+NON IN 67% 64%

10 SPREAD=INT INCOME/EA-INT EXP/INT BEARING LIABILITIES 15% 25%

11 BURDEN=NON INT EXP-NON INT INCOME/TA 2% 2%

12 yield on assets= II/TA 10% 9%

13 interest exp ratio=IE/TA 7% 6%

14 provision for loan loss ratio=PLL/TA 1% 1%

15 noninterest expense ratio=OE/TA 3% 2%

16 tax ratio=Tax/TA 0.23% 0.10%

17 foreign deposits 0.98 1.19

18 retail CDs 2.53 2.25

21 other borrowed funds 0.21 0.27

22 subordinated notes and debentures 0.20 0.20

23 Liquidity Ratios=CA/CL 1.02 1.02

24 GROSS PROFIT MARGIN=GROSS PROFIT/INCOME 0.07 0.04

25 DEBT TO EQUITY= TL/E 18.34 18.67

26 salaries and employee benefits 0.12 13%

27 expenses of premises and fixed assets 0.09 8%

28 other non interest expense 0.02 0.02

29 total equity/TA 5% 0.05

30 core deposits/TA 58% 0.59


32 retail CDs (fixed deposits) 0.27 0.22

33 other borrowed funds (other liab) 0.02 0.03


interest bearing liabilities 249,332,395 224,996,120

Liquidity Ratios

Ratios

OE as a %age of total operating income

laibility yields

liability items as a %age of interest-bearing liabilities

profit margin components

interest expense as a perentage of total operating income


16/16


36 retail CDs 0.36 0.30

37 other borrowed funds 0.03 0.04


39 salaries and employee benefits 0.01 0.01

40 expenses of premises and fixed assets 0.01 0.01


42 salaries and employee benefits 1.43 1.39

43 expenses of premises and fixed assets 1.06 0.87


Earning Assets 135,348,296 111,410,383

45 C&I loans 1.06 1.3646 leases 0.05 0.08

assets items as %age of EA

OE as a %age of total assets

OE as a %age of OI

ASKARI Final Sheet

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