Profit & Loss Account

Last Five Years Date

2004 2005 2006 2007
(Rupees in '000)
Markup/ return/ interest earned 5,620,203 12,246,811 21,191,470 25,783,871
markup/ return/ interest expensed 2,434,459 7,204,992 15,232,886 16,620,963
net mark-up/ interest income 3,185,744 5,041,819 5,958,584 9,162,908
Provision against non performing loans -370,208 -402,298 -697,690 -2,370,867
for diminution in value of investments. -2,165 - - -
bad debts written off directly -351 -512 -1,537 -5,844
-372,724 -402,810 -699,227 -2376711
net mark-up / interest income after provisins 2,813,020 4,639,009 5,259,357 6,786,197

NON MARK-UP / INTEREST INCOME

Fee, commission and broerage income 675,868 1,158,747 1,804,998 2,429,599

Divident income 52,539 52,014 37,393 64,722
Income from dealing in foreign currencies 218,820 290,091 386,997 474,510
Gains and sale of securities 239,551 180,751 2,053,192
Unrealized (loss)/ gain on revaluation of
investment classified as held for trading 23,163 -27,599 -14,929
other income 572,822 504,967 842,099 1,031,372
total Non-Mark-up/ interest income 1,520,049 2,268,533 3,224,639 6,038,466
4,333,069 6,907,542 8,483,996 12824663

Non Mark-up / Interest expenses

Administrative expenses 2,677,635 4,313,023 5,874,745 8,272,587

other provisoin/ write offs - 10,125 - 6,959
other charges 1,700 21,104 43,306 9,565
total non-Mark-up / interest expenses 2,679,335 4,344,252 5,918,051 8,289,111
1,653,734 2,563,290 2,565,945 4,535,552
Extra ordinary / unusual items - - - -
Profit before taxation 1,653,734 2,563,290 2,565,945 4,535,552
Taxation
- current 586,159 592,635 476,226 1,726,810
- prior years -30,000 1,037 -100,874 -
- deffered 5,586 267,524 427,902 -321,487
561,745 861,196 803,254 1,405,323
PROFIT AFTER TAXATION 1,091,989 1,702,094 1,762,691 3,130,229
Un appropriate profit B/F 463,042 860,300 1,886,845 2,823,072
Transferred from surplus on revaluation
of fixed assets. 23,667 24,870 26,074 24,585
Profit availble for appropriation 2,078,698 2,587,264 3,675,610 5,977,886
Basic / Diluted Earnings per share 4.37 3.92 3.86 4.82
 2008
0)
31,046,583
20,331,194
10,715,389
2,035,997
1,479,062
28,298
3,543,357
7,172,032

2,539,321
300,943
914,845
424,220

-181,571
1,247,669
5,245,427
12,417,459

10,471,399
28,582
122,758
10,622,739
1,794,720
-
1,794,720

1,730,051
-221,797
-1,014,835
493,419
1,301,301
4,851,840

24,586
6,177,727
1.63