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ASKARI BANK

balance sheet
2011
% change amount
ASSETS
CURRENT ASSETS
1.cash and balance with treasury banks
In Hand
local currency
foreign currency
national price bonds
With The State Bank Of Pakistan In:
local currency current accounts
foreign currency current account
foreign currency deposits account
With National Bank Of Pakistan In:
local currenurrent accountscy c
total cash and balance with treasury banks
2.balances with other banks
In Pakistan
on current account
on deposit account
Outside Paksitan
on current account
on deposit account
total balances with other banks
3.lendings to financial institutions
repurchase agreement lendings(reverse repo)
purchase under resale agreement of equity security
funded trade finance
provision against reverse repo
net lendings to financial institutions
4.investments
Available for sale securities
Market Treasury Bills

5.61%
-11.12%
-52.12%

3906099
971932
8688

28.60%
24.92%
-0.13%
19.18%

12651165
2391749
5359856
20402770

38.21%
15.97%

878692
26168181

39.21%
-40.93%

542606
283861

4.00%
146.24%
64.74%

1292950
4115638
6235055

-95.68%
0.00%
57.55%
23.37%
-82.65%

360501
200000
1214267
-183184
1591584

32.40%

93,097,039

Pakistan Investment Bonds


Fully paid ordinary shares / units
Units of open end mutual funds
Fully paid preference shares
Term Finance Certificates
National Investment Trust (NIT) units
Sukuk Certificates
Government of Pakistan Euro Bond
Foreign securities
Held to maturity securities
Term Finance Certificates
Pakistan Investment Bonds
Government of Pakistan Euro Bonds
Sukuk Certificates
Credit Linked Notes
Investment in associate
Askari General Insurance Company Limited
Investment in subsidiaries
Askari Investment Management Limited
Askari Securities Limited
Provision for diminution in value of investments
Deficit on revaluation of available for sale securities net
total investments
5.advances
Loans, cash credits, running finances, etc.
In Pakistan
Outside Pakistan

145.35%
53.98%
3.55%
-10.67%
-61.69%
67.40%
139.35%
48.51%
-32.96%

18,796,995
1,637,867
1,574,714
67,000
4,895,969
372,762
8,150,281
948,612
133,555

-29.22%
-2.84%
8.36%
-14.15%
5.03%

523,726
1,070,676
1,038,061
1,728,334
449,729

51.62%

53,703

37.04%
0.00%
11.56%
-16.33%
30.83%

185,000
114789
-420,806
-661,294
133,756,712

-2.08%
5255.76%

139,289,784
3,103,127

Net investment in lease finance In Pakistan


-26.32%
Ijarah financing In Pakistan
-39.17%
Net book value of assets / investments in Ijarah under IFAS 2 In Pakistan
2.56%
Bills discounted and purchased
Payable in Pakistan
33.04%
Payable outside Pakistan
-15.94%
Provision against nonperforming advances
Specific provision
7.02%
General provision
-0.05%

6,477,358
671,147
319,125
11,213,180
6,305,678
-16,291,514
-132,130

General provision against consumer financing


-17.39%
Advances net of provision
-1.36%
NON CURRENT ASSETS
6.operating fixed assets
Capital workinprogress
-97.41%
Property and equipment
-2.85%
Intangibles
total operating fixed assets
-6.40%
7.deferred tax asstes
8.other assets
Income / markup accrued in local currency
-3.99%
Income / markup accrued in foreign currencies
12.92%
Advances, deposits, advance rent and other prepayments
18.61%
Advance taxation (payments less provisions)
4.24%
Non banking assets acquired in satisfaction of claims
62.98%
Unrealised gain on forward foreign exchange contracts net
Suspense account
52.44%
Stationary and stamps in hand
7.53%
Dividend receivable
387.80%
Others
-4.49%
Provision against other assets
-0.47%
Other assets net of provision
12.37%
total assets
9.23%
LIABILITES AND OWNERS EQUITY
CURRENT LIAB
1.bills payable
In Pakistan
2.borrowings
In Pakistan
Outside Pakistan
3.deposits and other accounts
Customers
Fixed deposits
Savings deposits
Current accounts nonrem
Special exporters account

-245,046
150,710,709

43,329
8,080,756
1,224,730
9,348,815

7,145,152
165,990
1,454,544
2,960,034
3,485,578
327,317
50,691
46,447
8,834
398,325
-97,662
15,945,250
343,756,306

-10.81%

2,756,032

-32.47%
-8.72%

17,212,842
60,628

33.73%
6.79%
6.77%
-88.91%

89,523,862
141,028,007
56,633,911
11,509

Margin accounts
-21.22%
Others
37.78%
Financial institutions
Remunerative deposits
244.55%
Nonremunerative deposits
-61.51%
total depostits and other accounts
13.90%
NON CURRENT LIAB
4.sub ordinated loans
Term Finance Certificates I
-0.04%
Term Finance Certificates II
-0.04%
Term Finance Certificates III
-0.04%
Term Finance Certificates IV
total sub ordinated loans
16.65%
5.liabilities against assets subject to finance lease
6.deferred tax liabilities
Deferred credits / (debits) arising due to:
Accelerated tax depreciation
-4.10%
Provision against nonperforming advances
excess of 1% of total advances
-225.66%
classified in substandard category
-113.70%
Deficit on revaluation of available for sale securities
-183.67%
total deferred tax liabilities
93.43%
7.other liabilities
Markup / return / interest payable in local currency
20.60%
Markup / return / interest payable in foreign currencies
187.25%
Unearned income / commission
-18.82%
Accrued expenses
-6.24%
Advance payments
-18.35%
Security deposit against lease / Ijarah financing
-20.31%
Unclaimed dividends
-0.56%
Unrealised loss on forward foreign exchange contracts net
Branch adjustment account
-20.36%
Payable to defined contribution plan
6220.90%
Payable against purchase of listed shares
-28.36%
Withholding taxes payable
92.20%
Federal excise duty payable
-90.58%
Workers Welfare Fund
327.81%

2,416,273
380,598
1,507,056
1,777
291,502,993

1,496,100
1,496,400
2,997,600
1,000,000
6,990,100

711,324
404,730
7,883
231,453
165,394
2,059,529
76,145
188,368
338,596
52,068
3,044,275
39,157
0
622,392
22,376
162,103
43,795
2,503
108,000

Others
total other liabilities
total liabilities
EQUITY
share capital
reserves
unappropriated profit
surplus on revaluation of assets
total equity
total liabilities and equity

-10.20%
-8.75%
9.15%

615,114
7,374,421
326,062,410

10.00%
5.79%
85.54%
7.09%
11.07%
9.22%

7070184
8136440
1302158
1267484
17776266
343,756,306

et
011

2010
% of total

% changeamount

% of total

1.14%
0.28%
0.00%

3698621
1093497
18146

1.18%
0.35%
0.01%

3.68%
0.70%
1.56%
5.94%

9837640
1914623
5366912
17119175

0.26%
7.61%

635749
22565188

0.16%
0.08%

389770
480534

0.38%
1.20%
1.81%

1243196
1671362
3784862

0.10%
0.06%
0.35%
-0.05%
0.46%

8349938
200000
770730
-148482
9172186

27.08%

70,313,741

3.13%
0.61%
1.71%
5.44%
0.00%
0.20%
7.17%
0.00%
0.00%
0.12%
0.15%
0.00%
0.40%
0.53%
1.20%
0.00%
2.65%
0.06%
0.24%
-0.05%
2.91%
0.00%
0.00%
22.34%

5.47%
0.48%
0.46%
0.02%
1.42%
0.11%
2.37%
0.28%
0.04%

7,661,238
1,063,673
1,520,717
75,000
12,779,061
222,681
3,405,240
638,767
199,210

0.15%
0.31%
0.30%
0.50%
0.13%
0.00%
0.02%
0.00%
0.05%
0.03%
-0.12%
-0.19%
38.91%
0.00%
0.00%
40.52%
0.90%

739,941
1,101,980
957,964
2,013,203
428,184

1.88%
0.20%
0.09%
0.00%
3.26%
1.83%
0.00%
-4.74%
-0.04%

35,419
135,000
114789
-377,210
-790,401
102,238,197

142,242,261
57,940
8,791,362
1,103,349
311,162
8,428,437
7,501,252
-15,222,798
-132,190

2.43%
0.34%
0.48%
0.02%
4.06%
0.07%
1.08%
0.20%
0.06%
0.00%
0.24%
0.35%
0.30%
0.64%
0.14%
0.00%
0.01%
0.00%
0.04%
0.04%
-0.12%
-0.25%
32.49%
0.00%
0.00%
45.20%
0.02%
0.00%
2.79%
0.35%
0.10%
2.68%
2.38%
0.00%
-4.84%
-0.04%

-0.07%
43.84%

-296,638
152,784,137

-0.09%
48.55%

0.01%
2.35%
0.36%
2.72%

1,670,316
8,317,647
0
9,987,963

0.53%
2.64%
0.00%
3.17%

2.08%
0.05%
0.42%
0.86%
1.01%
0.10%
0.01%
0.01%
0.00%
0.12%
-0.03%
4.64%
100.00%

7,441,717
146,993
1,226,284
2,839,632
2,138,640
0
33,254
43,193
1,811
417,056
-98,121
14,190,459
314,722,992

2.36%
0.05%
0.39%
0.90%
0.68%
0.00%
0.01%
0.01%
0.00%
0.13%
-0.03%
4.51%
100.00%

0.80%
0.00%
5.01%
0.02%

3,089,984
25,488,358
66,419

0.98%
0.00%
8.10%
0.02%

26.04%
41.03%
16.48%
0.00%

66,943,251
132,060,695
53,043,324
103,746

21.27%
41.96%
16.85%
0.03%

0.70%
0.11%

3,067,234
276,239

0.97%
0.09%

0.44%
0.00%
84.80%

437,397
4,617
255,936,503

0.14%
0.00%
81.32%

0.44%
0.44%
0.87%
0.29%
2.03%

1,496,700
1,497,000
2,998,800
0
5,992,500

0.48%
0.48%
0.95%
0.00%
1.90%

0.21%

741,757

0.24%

0.12%
0.00%
0.07%
0.05%

-322,083
-57,527
-276,640
85,507

-0.10%
-0.02%
-0.09%
0.03%

0.60%
0.02%
0.55%
0.10%
0.02%
8.86%
0.01%

1,707,739
26,508
232,043
361,119
63,769
3,820,305
39,376
62,587
781,487
354
226,276
22,786
26,568
25,245

0.54%
0.01%
0.07%
0.11%
0.02%
1.21%
0.01%
0.02%
0.25%
0.00%
0.07%
0.01%
0.01%
0.01%

0.18%
0.01%
0.05%
0.01%
0.00%
0.03%

0.18%
2.15%
94.85%

684,977
8,081,139
298,740,410

0.22%
2.57%
94.92%

2.06%
2.37%
0.38%
0.37%
5.17%
100.00%

6427440
7691319
701819
1183564
16004142
314,744,552

2.04%
2.44%
0.22%
0.38%
5.09%
100.01%

Askari Bank
Income Statement
2011
% change
SALES
MARKUP / RETURN / INTEREST EARNED
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
On deposits with financial institutions
On securities purchased under resale agreements
total interest earned
CGS
MARKUP / RETURN / INTEREST EXPENSED
On deposits
On securities sold under repurchase agreements
On subordinated loans
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 net
mpairment loss on available for sale investments
Provision for diminution in the value of investments
Provision against repurchase agreement lendings
Bad debts written off directly
total provision for loan loses
OTHER INCOME
Non markup / interest income
Fee, commission and brokerage income
Dividend income
Income from dealing in foreign currencies
Gain on sale of securities net
Federal Government Securities
Market Treasury Bills
Pakistan Investment Bonds
Term Finance Certificates
Shares Listed
Others

-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%

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
OTHER EXPENSES
Non markup / interest expenses
ADMINISTRATIVE EXPENSES
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.
Legal and professional charges
Brokerage and commission
Communications
Repairs and maintenance
Stationery and printing
Advertisement and publicity
Donations
Auditors remuneration
Depreciation
Amortization
Other expenditure (traveling, security services, etc.)
Other provisions / write offs
OTHER CHARGES
Workers Welfare Fund
Penalties imposed by the State Bank of Pakistan
Total nonmarkup / interest expenses
GROSS PROFIT
Profit before taxation
Taxation
current
deferred
profit after taxation
Other comprehensive income
Effect of rescheduled / restructured classified advances
Effect of translation of net investment in Wholesale Bank Branch
Total comprehensive(Net) income
total operating income

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%
11.09%
89.51%
152.63%
13838.60%
137.92%
72.58%
-23.69%
609.07%
68.93%

Askari Bank
Income Statement
2011
amount

% of total

% change

2010
amount

% of total

17,704,368
86,448

50.11%
0.24%

18,117,192
74,692

60.89%
0.25%

13,876,815
543,789
2,916
188,957
363,058
32,766,351

39.28%
1.54%
0.01%
0.53%
1.03%
92.74%

7,813,748
425,135
0
377,791
520,350
27,328,908

26.26%
1.43%

18,816,220
2,010,892
921,388
52,632
834,023
55,509
8,919
22,699,583
10,066,768

53.26%
5.69%
2.61%
0.15%
2.36%
0.16%
0.03%
64.25%
28.49%

15,023,859
913,089
872,312
171,816
864,061
66,909
24,570
17,936,616
9,392,292

50.49%
3.07%
2.93%
0.58%
2.90%
0.22%
0.08%
60.28%
31.57%

1,630,123
122,421
43,596
34,702
0
1,830,842

4.61%
0.35%
0.12%
0.10%
0.00%
5.18%

2,319,280
382,764
296,530
65,808
0
3,064,382

7.79%
1.29%
1.00%
0.22%
0.00%
10.30%

1,193,986
289,470
772,495

3.38%
0.82%
2.19%

1,271,467
209,922
730,693

113,283
26,825
17,308
-52,271
202,067
307,212

0.32%
0.08%
0.05%
-0.15%
0.57%
0.87%

4,081
12,640
5,294
158,909
31,603
212,527

4.27%
0.71%
2.46%
0.00%
0.00%
0.01%
0.04%
0.02%
0.53%
0.11%
0.71%

1.27%
1.75%
91.85%

0.00%

-354

38,017
20
17,450
284,271
339,758
2,902,921

0.11%
0.00%
0.05%
0.80%
0.96%
8.22%

30,886
2,180
14,140
328,836
376,042
2,800,297

4,155,672
165,706
129,699
2,350
1,047,204
51,647
144,992
315,054
1,016,418
125,618
73,685
16,000
13,448
741,172
76,634
564,013
8,639,312
0

11.76%
0.47%
0.37%
0.01%
2.96%
0.15%
0.41%
0.89%
2.88%
0.36%
0.21%
0.05%
0.04%
2.10%
0.22%
1.60%
24.45%
0.00%

3,898,188
165,563
122,565
1,070
957,305
87,748
167,246
291,466
534,869
127,072
135,277
86,015
9,606
684,196
0
544,432
7,812,618
0

0.00%
0.00%
0.10%
0.01%
0.05%
1.11%
1.26%
9.41%

13.10%
0.56%
0.41%
0.00%
3.22%
0.29%
0.56%
0.98%
1.80%
0.43%
0.45%
0.29%
0.03%
2.30%
1.83%
26.26%

49,240
37,544
86,784
8,726,096

0.14%
0.11%
0.25%
24.70%

25,245
17,208
42,453
7,855,071

0.00%
0.08%
0.06%
0.14%
26.40%

2,412,751

6.83%

1,273,136

4.28%

832,723
47,670
785,053
1,627,698

2.36%
0.13%
2.22%
4.61%
0.00%
0.12%
0.06%
4.78%
100.00%

329,617
342
329,959
943,177

1.11%
0.00%
1.11%
3.17%
0.00%
0.18%
0.01%
3.36%
100.00%

40,723
19,783
1,688,204
35,329,514

53,362
2,790
999,329
29,753,517

Ratios
1
2
3
4
5
6
7
8
9
10
11
12

ROE=NI/TE
ROA =NI/TA
EM=TA/TE
NET PROFIT MARGIN=NET PROFIT/INCOME
AU=TOTAL REV/TA
(NIM)NET INTERSET MARGIN=NII/EARNING ASSETS
ER expense ratio =(total operating expense/TA)
EARNING BASE=EA/TA
EFFICIENCY RATIO=NON INT EXP/NET INT INCOME+NON INT INCOME
SPREAD=INT INCOME/EA-INT EXP/INT BEARING LIABILITIES
BURDEN=NON INT EXP-NON INT INCOME/TA
yield on assets= II/TA

13
14
15
16

interest exp ratio=IE/TA


provision for loan loss ratio=PLL/TA
noninterest expense ratio=OE/TA
tax ratio=Tax/TA

17
18
21
22
23
24
25

foreign deposits
retail CDs
other borrowed funds
subordinated notes and debentures
Liquidity Ratios=CA/CL
GROSS PROFIT MARGIN=GROSS PROFIT/INCOME
DEBT TO EQUITY= TL/E

2011

2010

9%
0%
19.3
5%
10%
7%
10%
39%
67%
15%
2%
10%

6%
0%
19.7
3%
9%
8%
9%
35%
64%
25%
2%
9%

7%
1%
3%
0.23%

6%
1%
2%
0.10%

profit margin components

interest expense as a perentage of total operating income


0.98
2.53
0.21
0.20
1.02
0.07
18.34

1.19
2.25
0.27
0.20
1.02
0.04
18.67

0.12
0.09
0.02

13%
8%
0.02

5%
58%

0.05
0.59

0.11
0.27
0.02
0.02

0.12
0.22
0.03
0.02

249,332,395

224,996,120

OE as a %age of total operating income


26 salaries and employee benefits
27 expenses of premises and fixed assets
28 other non interest expense

Liquidity Ratios
29 total equity/TA
30 core deposits/TA

laibility yields
31
32
33
34

foreign deposits
retail CDs (fixed deposits)
other borrowed funds (other liab)
subordinated notes and debentures

liability items as a %age of interest-bearing liabilities


interest bearing liabilities

35
36
37
38

foreign deposits
retail CDs
other borrowed funds
subordinated notes and debentures

0.14
0.36
0.03
0.03

0.16
0.30
0.04
0.03

0.01
0.01
0.00

0.01
0.01
0.00

1.43
1.06
3.01

1.39
0.87
0.21

OE as a %age of total assets


39 salaries and employee benefits
40 expenses of premises and fixed assets
41 other non interest expense

OE as a %age of OI
42 salaries and employee benefits
43 expenses of premises and fixed assets
44 other non interest expense

assets items as %age of EA


Earning Assets
45 C&I loans
46 leases

135,348,296
1.06
0.05

111,410,383
1.36
0.08