Comapny Information Company Information
BOARD OF DIRECTORS
Mr. Shayne Nelson Mr. Badar Kazmi Mr. Andrew James Hardacre Mr. Mahendra Gursahani Mr. Najam I. Chaudhri Mr. Shahid Zaki Mr. Parvez Ghias Chairman Chief Executive Officer

COMPANY SECRETARY
Mr. Rahim Panjwani

AUDIT COMMITTEE OF THE BOARD
Mr. Najam I. Chaudhri Mr. Shahid Zaki Mr. Andrew James Hardacre Chairman Member Member

AUDITORS
M/s KPMG Taseer Hadi & Co Chartered Accountants

LEGAL ADVISORS
Haidermota & Co Barristers at Law & Corporate Counsellors

REGISTERED OFFICE
Standard Chartered Bank (Pakistan) Limited P.O. Box No. 5556, I.I. Chundrigar Road Karachi 74000 Pakistan Tel: (021) 32450000 Fax: (021) 32414914

MAIN OFFICE
Standard Chartered Bank (Pakistan) Limited P.O. Box No. 5556, I.I. Chundrigar Road Karachi 74000 Pakistan Tel: (021) 32450000 Fax:(021) 32414914

WEBSITE
www.standardchartered.com.pk

REGISTRAR AND SHARE TRANSFER OFFICE
M/s T H K Associates (Pvt.) Limited Ground Floor, State Life Building No.3 Dr. Ziauddin Ahmad Road, Karachi Tel : (021) 111-000-322 Fax : (021) 35655595

Table of Contents Page Notice of Annual General Meeting Directors’ Report Management’s Statements on Internal Controls and Risk Management Framework Report of Shariah Advisor 03 05 10 14 Auditors’ Report on Statement of Compliance with the Code of Corporate Governance 16 Statement of Compliance with the Code of Corporate Governance Auditors’ Report to the Members Un-Consolidated Financial Statements Auditors’ Report to the Members on Consolidated Financial Statements Consolidated Financial Statements Pattern of Shareholding Form of Proxy 17 21 22 105 106 188 02 SCBP Annual Report 2009 .

2009 to the non-executive members of the Board. The Institute of Chartered Accountants of Pakistan ICAP House. 3. 2009 a long with the Dir ectors' and Auditors' Reports thereon. 1. C.000/. 5. 2010 at 3. 1984 relating to the aforesaid special business to be transacted in the said Annual General Meeting is appended below. ORDINARY BUSINESS To confirm the minutes of 3rd Annual General Meeting held on March 30. have of fered themselves for re-appointment. OTHER BUSINESS To transact any other business as may be placed before the meeting with the permission of the chair. SPECIAL BUSINESS To grant appr oval to the r emuneration paid to the Dir ectors in accor dance with the Articles of Association of the Bank and in that connection to pass the following resolution. with or without modification. addition or deletion: “RESOLVED that the decision of the Board of Directors of Standard Chartered Bank (Pakistan) Limited to pay a fee of Rs.during the year ended December 31.225. 2. 2009. as ordinary resolution. Clifton. being eligible. March 30.com.3. M/s KPMG Taseer Hadi & Co. 2010 www. Chartered Accountants and to authorize the Chief Executive Of ficer and Chief Financial Of ficer to fix their remuneration.” A statement of material facts under section 160 (1) (b) of the C ompanies Ordinance. in terms of their discretion under the Articles of Association of the Bank. By Order of the Board Rahim Panjwani Company Secretary Karachi: March 4. To receive.standardchartered.pk 03 . be and is hereby confirmed and approved by the shareholders. Charter ed Accountants. to transact the following business: A. consider and adopt the Audited Accounts of the Bank and consolidated accounts of the Bank and its subsidiaries for the year ended December 31. Desai Auditorium. B. Karachi.00 PM at Moosa G.Standard Chartered Bank (Pakistan) Limited Notice of Annual General Meeting Notice is hereby given that the Fourth Annual General Meeting of the shareholders of Standard Chartered Bank (Pakistan) Limited (“Bank”) will be held on Tuesday. Block 8. 4. To consider the appointment of exter nal auditors namely M/s KPMG Taseer Hadi & Co.

A member shall not be entitled t o appoint more than one proxy. The Share Transfer Books of the Bank will r emain closed from March 24. the account holder or sub-account holder and / or the person whose securities are in group account and their registration details are uploaded as per the Regulations. 2010 to March 30. shall authenticate his identity by showing his original Computer ized National Identity Card (CNIC) or original passport at the time of attending the Meeting. For Appointing Proxies: In case of individuals. The proxy form shall be witnessed by two persons whose names. the Board of Directors' resolution / power of attorney with specimen signature shall be submitted ((unless it has been pr ovided earlier) along with proxy form to the Bank. Ziauddin Ahmed Road. i) For attending the Meeting: In case of individuals. A member entitled to attend and vote at the above meeting is entitled to appoint another member as his / her pr oxy to attend and vote instead of him / her . THK Associates (Pvt. A. 3. In case of corporate entity. Members are requested to notify change in their address. 04 SCBP Annual Report 2009 . Ground Floor. the account holder or sub-account holder and/or the person whose securities are in group account and their registration details are uploaded as per the Regulations. This meeting fee requires approval of the shareholders in Annual General Meeting in terms of paragraph C-2 of Regulation G1 of prudential regulations for Corporate / Commercial Banking issued by the State Bank of Pakistan. if any. The non-executive members of the Boar d are interested in the payment of fees and r emaining members of the Board have no interest in the matter.) Limited. State Life Building -3. The proxy shall produce his original CNIC or original passport at the time of the Meeting. i) ii) iii) iv) v) Statement under section 160(1) (b) The meeting fee payable to the non-executive members of the Boar d was approved by the Board of Directors in terms of Article 60 of the Articles of Association of the Bank. 2. must be received by the Bank at its registered office marked for the attention of the of fice of the Company Secretary. M/s. 4. 2010 (both days inclusive). addr esses and CNIC numbers shall be mentioned on the form. the Board of Directors' resolution / power of attorney with specimen signature of the nominee shall be produced (unless it has been provided earlier) at the time of the Meeting. In case of corporate entity. signed and witnessed. Karachi75530. not less than forty-eight hours before the time for holding the meeting and must be duly stamped.Standard Chartered Bank (Pakistan) Limited Notice of Annual General Meeting Notes: 1. in order to be valid. to the Share Registrars. Proxies. ii) B. Attested copies of CNIC or the passport of the beneficial owners and the pr oxy shall be furnished with the proxy form. shall submit the proxy form as per the above requirement. Dr.

com. This gave State Bank of Pakistan room to cut the policy rate by 250 bps to 12. GDP growth is expected to accelerate to 4% y/y in FY 2011 from 2. The measures are also expected to limit the accumulation of public debt.5% y/y in December 2009 from 23. including the removal of power subsidies and the introduction of VAT. However.483 10. The stable currency has helped to bring down inflation. This will not only limit the build-up of public debt.785 38.601 29.716 47.757 174. rising by 2. Since then.6 billion in FY 2008). December 31.8% of GDP) by 30 June 2009 from USD 78 billion (54.552 137.6% y/y in Q4 2009 after declining by 7% in the first thr ee quarters of 2009. Fiscal reforms. which depr eciated by 6% in FY 2009 after weakening by 28% in FY 2008. Operating Results and Business Overview December 31. which slowed down to 10. 2009 2008 (PKR millions) (PKR millions) Balance Sheet Paid-up capital Total equity Deposits Advances . are expected to incr ease the government's fiscal room by nearly 3% of GDP (USD 5. Pakistan entered a USD 11. including reducing power subsidies. the key decisions in FY 2009 wer e to continue with www.958 141. raising taxes and maintaining tight monetary policy to r educe the lar ge fiscal and external deficits. the recovery faces strong headwinds from the uncertain political and security environment.pk 05 .266 669 23. the World Bank has also pledged USD 6. Manufacturing output has also picked up.gross Advances . which incr eased to nearly USD 100 billion (56. FX reserves have strengthened to USD 15 billion by the end of FY 2009 (from USD 6.447 83.746 206.093 630 The slowdown in economic activity continued to pose difficulties for the banking industry in terms of pressure on margins and deteriorating asset quality . keeping the recovery weak in the near term. helping to stabilize the PKR.200 MW of additional power online in 2010.030 12.5% in the current fiscal year. The focus is on creating fiscal room for the government to increase investment spending to support growth. The IMF Board endorsed the government's progress in implementing key fiscal and exchange rate r eforms.621 10.716 42.684 9. Encouraged by the r eforms.230 124.3% in December 2008.standardchartered. policy makers have undertaken difficult and unpopular r eforms. build up the FX reserves and restore investor confidence.5 billion in soft loans to Pakistan over the FY 2010 .5% by end of FY 2009. The recovery. Accordingly. including a debilitating power crisis and limited government resources due to low tax collection.587 FY 2009 FY 2008 (PKR millions) (PKR millions) Profit and Loss Revenue Non mark-up expenses Operating profit (before provisions and tax) Provisions (net of recoveries) Profit before tax Profit after tax 23.Standard Chartered Bank (Pakistan) Limited Directors’ Report On behalf of the Boar d of Dir ectors.net 38. ending the debilitating power crisis that has hit manufacturing output and paralyzed economic activity. releasing USD 1. Economy FY 2009 ended on a positive note for Pakistan. The reforms aim to address the most severe constraints on economic growth.2 billion after a successful thir d IMF staff review. Power sector r eforms will bring 2.716 125. albeit slow.316 1. but will also pr ovide the government with valuable r esources to incr ease investment spending. when it faced a balance-of-payments crisis after official FX reserves dwindled to USD 6 billion (0. I am pleased to present the Dir ectors' Report of Standar d Chartered Bank (Pakistan) Limited (SCBPL) along with the audited financial statements and auditors' report thereon for the year ended 31 December 2009.8 months of import cover) and the Pakistani rupee (PKR) lost 28% of its value in FY 2008. Inflationary pressures have also resurfaced and will force the State Bank of Pakistan to maintain a tight monetary stance.167 12.2013 period.418 1.1% of GDP) in FY 2007.3 billion IMF Stand-By Arrangement (SBA) in November 2008.net Investments . is gaining momentum and is built on strong fundamentals.409 9.3 billion) in the FY 2011 budget. The successful implementation of these measures has helped to tackle inflation. The Bank however continues to be responsive to the situation at hand and has realigned its business strategy keeping in view the best interests of its stakeholders.

Profits are being retained keeping in view the increased capital adequacy ratio r equirements and for supporting the planned business growth in FY 2010. enhanced brand positioning and expanded footprint. which can be mainly attributed to a minimum rate requirement of 5% on savings deposits stipulated by the State Bank of Pakistan in June 2008. especially in the consumer and textile sectors. W e will continue to endeavour to rationalise costs and achieve economies of scale. which will further augment our profitability in the forthcoming years. This has been a direct result of our customer centric appr oach. In this regard. while also meeting the investment that was necessary to implement the current strategies. giving back to the community 06 SCBP Annual Report 2009 . Charter ed Accountants.Standard Chartered Bank (Pakistan) Limited Directors’ Report aggressive mobilisation of deposits and selective growth in lending assets. with our non performing loan ratio moving up from 12% to 15%. However. W e believe that focus on these areas underpins our position in the market as 'one of the best' and the only 'truly locally embedded' international bank. The Bank has successfully managed to contr ol costs through rationalisation of its staffing requirements and realignment of its branches. being one of the highest in the local banking industry. Loan losses remain a critical concern for the local banking industry. and the growth in investments which mor e than doubled from PKR 30 billion to PKR 84 billion. The Bank's profitability has also been af fected by the hike in non performing loans in these sectors. This can be attributed to the healthy growth of 37% in Wholesale Bank interest based revenues in line with the gr owth of 17% in corporate advances from PKR 86 billion to PKR 101 billion. the Bank has successfully enhanced its deposit base from PKR 174 billion to PKR 206 billion representing an 18% growth. Non inter est income continues to make a healthy contribution to the overall r evenue of the Bank with a 4% growth over last year. We are confident that the Bank will continue to forge its way ahead through difficult times. Credit Rating Pakistan Credit Rating Agency (PACRA) has maintained the Bank's long-term and short-term ratings of “AAA” (Triple A) and “A1+” (A One Plus) r espectively in 2009. However. overall cost has reduced by 1% despite persistently high levels of inflation. with a robust collection and recovery infrastructure in place. wher ever possible. thereby maintaining a high level of liquidity along with positioning the book for any inter est rate shift. but has also strengthened our customer base which cr eates futur e business prospects to cross sell our product suite. Despite the Bank's conservative stance towar ds high yield consumer lending. supplemented with an experienced and str ong team. thr ough established rigorous controls and ef ficient business processes. Dividend No dividend is proposed to be declared. External Annual Audit The financial statements of SCBPL have been audited without any qualification by the auditors of the Bank. As a result.653 million in FY 2009. being amongst the highest in the industry. with enhanced focus on high quality customer service. This has not only improved our market share. namely M/s KPMG T aseer Hadi & Co. Moreover. we continue to maintain adequate provisions against our non performing loans with an overall loss coverage ratio of 78%. These ratings denote the lowest expectation of credit risk emanating from an exceptionally strong capacity for timely payment of financial commitments. robust risk management policies and a unique flair for community services.. the Bank's gross interest income grew by 14% fr om PKR 23.e. The surplus liquidity generated thr ough deposit mobilisation is primarily invested in risk-fr ee government securities. we anticipate futur e recoveries against our impair ed portfolio. Sustainability The Bank's efforts in 'Education-for-the-less-privileged' and 'Pr eventable Blindness' underscor e one of our strategic mainstays i. The Bank's outstanding two listed subordinated TFCs have also been assigned “AAA” rating. overall net interest income is marginally down by 1% owing to the rise in cost of deposits. strong recovery and collection infrastructure. owing to the application of our stringent group provisioning policies.307 million in FY 2008 to 26.

368 1. The directors are pleased to give the following statement as required by clause (xix) of the Code: • The financial statements pr esent fairly the Bank's state of affairs. cash flows and changes in equity.460 83.847 9.000 lady health workers who will impact some two million individuals downstr eam on all matters r elating to preventable blindness.399 796 23.standardchartered.000 cataract operations have been performed through our contributions. www.Standard Chartered Bank (Pakistan) Limited Directors’ Report we operate in.916 146.594 10. As a recognition. Under our 'Seeing is Believing' program. Institute of Business Administration (IBA). attached with this r eport ar e the consolidated financial statements of SCBPL and its subsidiaries (the Gr oup) namely Standar d Chartered Leasing Limited. Operating Results FY 2009 FY 2008 (PKR millions) (PKR millions) Profit and Loss Revenue Non mark-up expenses Operating profit (before provisions and tax) Provisions (net of recoveries) Profit before tax Profit after tax Corporate Governance As required by the Code of Corporate Governance (the Code). and accounting estimates are based on r easonable and prudent December 31.an industry first and. Standard Chartered Services of Pakistan (Private) Limited and Standard Chartered Modarba.gross Advances .264 38.699 206. Performance of the Group In compliance with section 236(5) of the Companies Ordinance. forms part of this Annual Report.142 676 • Appropriate accounting policies have been consistently applied in the pr eparation of financial statements except for the changes described in note 2.716 48.647 174. for the year ended December 31.632 129. working with the Ministry of Health.992 has been effectively implemented and monitor ed.net 38. we have sponsor ed the training of mor e than 20.728 10.716 43. we are one of the major contributors to the endowment fund of Pakistan's premiere business education institution. The numbers testify to our ef forts here. 28. a prescribed statement by the Board. judgment. (PKR millions) (PKR millions) Balance Sheet Paid-up capital Total equity Deposits Advances . 2009. 2008 2009 • The International Financial Reporting Standards and International Accounting Standards as applicable in Pakistan have been followed in the pr eparation of financial statements. we have committed mor e than 1.511 141. 19 84.448 1.net Investments . the Bank is the only corporate partner for National Program for Prevention and Control of Blindness.441 12. Under 'Education' we operate across the spectrum: on one end. 23.938 • There is no doubt upon the Bank's ability to continue as a going concern. the Bank's contributions have been vast: over the last few years. 200. Government of Pakistan.600 scholarships to deserving students across Pakistan while on the other extreme.6 to the financial statements. results of its operations.402 • The system of internal control is sound in design and 128. nominated by the Ministry of Health.510 9. • Proper books of accounts of the Bank have been maintained. December 31.238 12. the Bank has hir ed fifteen blind graduates as Telesales officers of the Bank . along with Auditors' Review Report ther eon.pk 07 .com.

Chaudhri. as detailed in the listing regulations. Directors' Meetings Five (5) meetings of the Board of Directors of SCPBL were held during the year.Standard Chartered Bank (Pakistan) Limited Directors’ Report • There has been no material departure from the best practices of corporate governance. Management's statements on Internal Controls and Risk Management Framework form part of this Annual Report. and Mr. Statements on Internal Controls and Risk Management Framework The management of SCBPL is responsible for establishing and maintaining a system of adequate internal controls and procedures. Director (appointed in August 2009) * Leave of absence was granted to the Directors who could not attend some of the meetings. • Summarized key operating and financial data is tabulated in this Annual Report. Director John Brian Small. of meeting(s) held during the tenor in the year 5 5 5 5 2 5 5 3 Total no. Chairman Badar Kazmi. Chief Executive Officer Shahid Zaki. The following changes have taken place in the Boar d of Directors since the Directors' report for the year ended December 31. have been adequately disclosed in the financial statements. if any. • Details of Board meetings held and attended by the directors form part of this report. • All the statutory liabilities. of meeting(s) attended * 3 5 5 5 0 3 4 3 1 2 3 4 5 6 7 8 Shayne Nelson. Director Najam I. Director Mahendra Gursahani. 2008: • • Mr. John Brian Small resigned from the Board. Mahendra Gursahani was co-opted as a director on the Board. Attendance by each director was as follows: S No Name No. Director Parvez Ghias. Director (resigned in June 2009) Andrew James Hardacre. The Board wishes to place on record its appreciation for the valuable contributions made by the outgoing director and extend a warm welcome and cooperation to the newly appointed director in performing his fiduciary responsibility. 08 SCBP Annual Report 2009 .

At December 31. 1984.295 Provident Fund Management Staff Gratuity Fund Non.pk 09 . On behalf of the Board Badar Kazmi Chief Executive Karachi: March 04. and Clause (XIX) of the Code of Corporate Gover nance forms part of this Annual Report.. Standar d Chartered Bank. staf f and colleagues for their committed services provided to our valued customers.Standard Chartered Bank (Pakistan) Limited Directors’ Report Statement of investments of Provident.377 678. 2010 www.431 70. of fer themselves for r e-appointment in the forthcoming Annual General Meeting.com.. Finally. 2009. on the suggestion of Audit Committee recommended the name of retiring auditors M/s KPMG Taseer Hadi & Co. being eligible.802 43.standardchartered.Management Staff Gratuity Fund Management Staff Pension Fund Non.99% shares of SCBPL. The Board of Directors. External Auditors The audit committee has suggested the name of M/s KPMG Taseer Hadi & Co. Chartered Accountants as external auditors of the Bank for the next term. 2009 on the basis of un-audited accounts is: PKR '000 1. The r etiring auditors. UK (holding company) held 98. Appreciation and Acknowledgment We take this opportunity to expr ess our gratitude to our customers and business partners for their continued support and trust. We offer sincere appreciation to the State Bank of Pakistan for their guidance and cooperation extended to the Bank.Management Staff Pension Fund Pattern of Shareholding The pattern of shareholding as required under section 236(2)(d) of the Companies Or dinance.201 45. Gratuity and Pension Funds Value of investments including accrued income of pr ovident and gratuity funds as at December 31. Chartered Accountants as exter nal auditors for the next term. we are also thankful to our associates.213.

reporting and monitoring of controls. Review and implementation of health. 10 SCBP Annual Report 2009 . 8.Standard Chartered Bank (Pakistan) Limited Management’s Statements on Internal Controls and Risk Management Framework The following statements ar e made by the management to meet the r equirements of the State Bank of Pakistan (SBP) BSD Circular letter #2 of 2005 and BSD Circular letter # 3 of 2005. r esulting in mor e proactive role of Inter nal Audit in timely identification. 7. The department periodically carries out r eviews of branches and Head Office departments / units to monitor the compliance of Bank's policies and pr ocedures based on a plan which is appr oved by the Audit Committee. using operating statistics and monthly management accounts which highlight key performance indicators and variance from budgets and forecasts. Internal Controls Management of Standard Chartered Bank (Pakistan) Limited (the Bank) is responsible for establishing and maintaining a sound system of internal controls aimed at achieving the following objectives of the Bank: • • • 1. safety. 3. The policies and procedures in all significant areas and as per the directives of the regulators have been duly approved by the Board. 9. first being the business function. Management gives due consideration to the r ecommendations made by the inter nal and external auditors for improvements in the internal control system and take timely action to implement such recommendations. The Bank is also in the pr ocess of further strengthening its Internal Audit function by performing more detailed risk-based audits of its overall operations. 5. Financial forecasts are reviewed during the year on a periodic basis to reflect significant changes in business environment. 6. The management has in place evaluation and approval procedures for major capital expenditure and other transactions. Relevant training materials have also been updated and deployment is underway. responsibilities and tools with the inter national best practices.e. 2. is in place. tools and reporting structures have been enhanced to provide greater clarity over roles and responsibilities. which reports directly to the Audit Committee of the Boar d. Internal control policies. Regular reporting and monitoring of financial performance of the departments and the Bank as a whole. 4. second is the Operational Risk Assurance and support from Group Internal Audit is the third line of defense. These include Internal Audit and Assurance and Operational Risk Management & Assurance Framework (ORMAF) in which assurance responsibilities are divided into three lines of defense i. environment and contingency management processes and other significant policies ar e carried out and r eporting mechanism is in place. There is an annual budgeting and strategic planning process. An organization structure has been established which supports clear lines of communication and tiered levels of authority with accountability. The Bank has an effective Internal Audit & Assurance Department. Efficiency and effectiveness of operations Compliance with applicable laws and regulations Reliability of financial reporting The Management has adopted different strategies to ensure effective monitoring and improvement of internal controls. The process involves alignment of Inter nal Audit framework.

All risk taking must be transparent. Risk Management Framework The Bank in an effort to fully implement guidelines issued by State Bank of Pakistan (SBP) on risk management throughout the Bank. Acting within an authority delegated by the Board. and documentation and risk controls. environmental and ethical responsibilities in taking risk to produce a return. appr oval of risk strategy and risk policies r ests with the Company's Boar d. These arise dir ectly through the Bank's commer cial activities. experience across risk types and economic scenarios. limit monitoring and reporting. SCBPL is also in the process of adopting an internationally accepted COSO (Committee of Sponsoring Organization of the Treadway Commission) Internal Controls. The senior management who are also the risk type owners are responsible for day to day risk management and for recommending risk strategy and risk policies. which brings together various types of risks being faced by the entire organization under one umbrella. comprehensive management testing plans and related framework are being developed for ensuring on-going operating effectiveness of key controls. Risk Management Unit (middle office) headed by Chief Risk Officer who is independent of the business and is r esponsible for day to day risk management such as establishing risk appetite. legal and regulatory compliance. www. various risk committees. business units. market. • • • Elements of risk management system under the risk management framework of the Bank are the Board of Directors.Integrated Framework and available best international practices in relation to Internal Controls over Financial Reporting (ICFR) with the assistance of a reputable advisory firm for the implementation of SBP guidelines on Internal Controls.standardchartered. with strength and depth. the Bank has completed the remediation process for some of the gaps and is working on closure of the remaining gaps. compliance unit and inter nal audit unit. The Bank takes account of its social. The basic principles of risk management followed by the Bank include: • • Balancing risk and reward: risk is taken in support of the requirements of the Bank's stakeholders. as suggested by SBP . Risk committees are responsible for overseeing the risk management strategy and functioning. operational risk and r eputational risks ar e normal consequences of any business undertaking. country and liquidity risk. the executive committee reviews specific risk areas and monitors the activities of various risk committees. Role & Responsibility: given the Bank is in the business of taking risk. Simultaneously. procedures and limits.Standard Chartered Bank (Pakistan) Limited Management’s Statements on Internal Controls and Risk Management Framework 10. The Bank has devised a well defined and compr ehensive Internal Control Program along the lines of staged r oadmap. and the Audit unit is responsible for independent risk assurance. it is everyone's responsibility to ensure that risk taking is both disciplined and focused. embarked on integrating enterprise wide risk management. Risk management: the Bank aims to adopt international best practices and draws upon the experience of the parent company. Through the risk management framework the Bank seeks to manage ef ficiently the core risks: credit. Anticipation: the Bank looks to anticipate futur e risks and to maximize awar eness of all risk. Bank's strategy and within its risk appetite. SCBPL expects to complete various stages of its Inter nal Control Program and achieve external auditors' certification on ICFR by 2010. locally we have a specialist risk function. The bank is currently in the process of developing and implementing remediation plans for the gaps. the senior management. Accountability: risk is taken only within agreed authorities and where there is appropriate infrastructure and resource. risk management unit. together with a comprehensive gap analysis of the control design.com.pk 11 . In addition. portfolio management and stress testing. the Bank has completed a detailed documentation of the existing processes and controls. Under the guidance of Group Risk Function. whilst compliance and r egulatory risk. Accor dingly. Compliance unit is responsible for ensuring internal. The ultimate r esponsibility for the ef fective management of risk. executive committee. controlled and reported. as per the related regulatory requirements. risk measur ement and assessment. Business units (usually front offices) are responsible for compliance with policies.

policies and pr ocedures agreed under delegated authority fr om the Board. Risk is co-located along side the businesses to maximize the ef ficiency of decision making. Credit exposures include both individual borrowers and groups of connected counterparties and portfolios in the banking and trading books. portfolio diversification. Procedures for managing credit risk are determined by risk function and businesses jointly under the guidance from the parent company and under delegation by the Board. which are processed in central units strictly as per product programs. Market risk is managed by a Market risk function (middle of fice). and overall quality of assets in compliance with Bank policies. Expected Loss is used for the further assessment of individual exposures and portfolio analysis. The Bank is exposed to market risk arising principally fr om customer driven transactions. The grading is based on a probability of default measure. a numerical risk grading system is used for quantifying the risk associated with a counterparty. Credit Risk Credit risk is the risk that a counterparty will not settle its obligation in accordance with agreed terms. The businesses working with risk take responsibility f for managing pricing for risk. ALCO is responsible for both statutory and prudential liquidity . to fulfill commitments to lend and to meet any other commitments. and coordinated by the ALCO. 12 SCBP Annual Report 2009 . to repay depositors. business strategy and underwriting standards. Market risk function complements the VaR measurement by regularly stress testing market risk exposures to highlight potential risks that may arise from extreme market events that are rare but plausible. which is chaired by the Chief Executive Officer. with the customers analyzed against a range of quantitative and qualitative measures. The Bank uses historic simulation to measure VaR on all market risk related activities. origination and appr oval roles are segregated. Liquidity risk management is governed by ALCO. Market Risk The Bank recognizes market risk as the exposure created by potential changes in market prices and rates. or can access them only at excessive cost. standar d credit application forms are used and credit decisions are parameter driven. Liquidity Risk The Bank defines liquidity risk as the risk that the Bank either does not have sufficient financial resources available to meet all its obligations and commitments as they fall due. but they have a r eporting line which is independent and separate from the business lines in to the Chief Risk Of icer. VaR models are back tested against actual results to ensure pre-determined levels of accuracy are maintained.Standard Chartered Bank (Pakistan) Limited Management’s Statements on Internal Controls and Risk Management Framework Following are the important factors of the risk management function within the Bank. Hence the Bank aims to be in a position to meet all obligations. Middle enterprise of Consumer Bank business operates like WB and as with Wholesale Banking. Within Wholesale Banking business. Limits are established within delegated authorities from the Board and the unit monitors exposures against these limits. The monitoring of credit is through yet another independent credit risk control function. For Consumer Banking (including SME). It is the policy of the Bank to maintain adequate liquidity at all times and for all currencies. There is a clear segregation of duties with loan applications being prepared separate from the approval chain. Significant exposures beyond delegated credit discretions are reviewed and approved centrally by credit committee under expert advice of the Group. These r esponsibilities are managed thr ough the provision of authorities. which is independent of the Treasury (front office) and reports in to the Chief Risk Officer and operates under an oversight and guidance on policy setting by the Group.

Thus Operational Risk is now part of the Risk Management function. credit. failur e to protect the title to and ability to contr ol the rights to assets of the Bank (including intellectual pr operty rights).Standard Chartered Bank (Pakistan) Limited Management’s Statements on Internal Controls and Risk Management Framework Operational Risk Operational risk is the risk of dir ect or indirect loss due to an event or action r esulting from the failure of internal processes.com. The Compliance and Regulatory risk function is r esponsible for establishing and maintaining an appr opriate framework of compliance policies and pr ocedures. All staff are responsible for day to day identification and management of reputational risk. Legal risk policies and pr ocedures and ef fective use of its inter nal and exter nal lawyers. Compliance with such policies and pr ocedures is the responsibility of all managers. Compliance and Regulatory Risk Compliance and Regulatory risk includes the risk of non-complian ce with regulatory requirements. legal. regulatory and operational risk. changes in the law or jurisdiction risk. control and reporting of operational risks. Legal Risk Legal risk is the risk of unexpected loss. Reputational risk is not a primary risk. people and systems. Fundamental to the design of changes applicable to Operational Risk Framework is the principle that businesses and functions are responsible for the identification and management of the operational risks that result from their activities and that the Risk Function controls the level of operational risk exposure. New changes in our Operational Risk Framework are made effective from 1st of January 2010. assess. The Bank seeks to ensur e that key operational risks are managed in a timely and effective manner through a framework of policies. It may also arise fr om the failure to comply with Social. ORC is also r esponsible for ensuring adequate and appropriate policies and procedures are in place for the identification. but will arise fr om the failure to effectively mitigate one or more of country.pk 13 . monitoring. liquidity. Environmental and Ethical standards. procedures and tools to identify. Reputational Risk Reputational risk is any material adverse effect on the relations between the Bank and any one of its significant stakeholders. or fr om exter nal events. control and report such risks. By order of the Board Badar Kazmi Chief Executive Officer www. assessment.standardchartered. It is Bank policy that the pr otection of the Bank's r eputation should take priority over all activities including revenue generation at all times. The Operational Risk Committee has been established as a sub-committee of the Risk Committee to supervise and direct the management of operational risks acr oss the Bank. claims being made or some other event r esulting in a liability or other loss for the Bank. arising from defective transaction or contracts. including r eputational loss. monitor. ensuring that it remains within acceptable limits. The Bank manag es legal risk through Legal & Compliance function. and Operational Risk Officers report independently to Chief Risk Officer of the Bank. market.

Business Review At the close of the year ended December 31. National Bank of Pakistan. description of Assets. • Other r elated documents and pr ocedures followed by dif ferent functional ar eas. • The allocation of funds. United Bank Limited and Habib Bank Pakistan Limited. The transaction was closed in conjunction with other banks in the market including Meezan Bank. profits and losses relating to Mudaraba accounts. During this year the bank developed a variety of new pr oducts and arranged a number of transactions after due appr oval fr om the Shariah Advisor . weightages. Shariah Review During the year under discussion. 2009 the bank had total financing assets of Rs. a Shariah Review was carried out on a sampling basis to check each class of transaction and the overall Shariah compliance of the bank's operation and their alignment with the stipulated Shariah guidelines. pr ofit sharing ratios. • Import Finance transactions and related documentation. sequence and order of the documents and time difference between purchases and declaration in Murabaha. and Diminishing Musharakah • Declarations. 8. The breakup of these assets in different modes of Islamic finance is as follows: Islamic Financing and Investment 2009 Sukuks 22% Export Finance (Musawamah) 1% Islamic Export Refinanceing Murabaha 1% ST Finance (Murabaha) 14% Auto (Dim Mush) 8% Home (Dim Mush) 24% Cards (Qard) 1% Term Finance (Dim Mush) 29% I am pleased to note that a significant percentage of the assets (61%) has been financed using the Diminishing Musharakah mode while Murabaha transactions represented 15% of the portfolio.Standard Chartered Bank (Pakistan) Limited Report of SCBPL Shariah Advisor For the year ended 31 December 2009 The year under r eview was the sixth year of Islamic commer cial banking for Standar d Chartered Bank (Pakistan) Limited (SCBPL) through the Saadiq platform. During the year under discussion SCBPL closed a notable transaction by issuing Sukuk for Pakistan International Airline. relevant purchases Invoices. • Ownership ratio of the Bank and Customer and recovery of payments on account of rent and purchase of bank's share in Diminishing Musharakah transactions. Following areas were checked during the audit: • Standard Agreements for Murabaha. 14 SCBP Annual Report 2009 .274 Million.

During the year under review a total of 20 sessions were held including Shariah specific and product related trainings. Subject to the aforesaid. May Allah Subhanah wa Ta'ala accept our endeavors and grant us Ikhlas to fulfill our responsibility towards Islamic banking which is very mingled between service of deen and service for ourselves. Training SCBPL Saadiq team provides continuous training to all stakeholders. Late Payment Charity During the year an amount of appr oximately Rs 1. This includes an Islamic Banking certification program which was r olled out in 2009 for all sales and support staf f for wholesale banking products. as opposed to what is unlawful.558 million was transferr ed to the charity account and the same amount was disbursed after due approval of the Shariah Advisor. An action plan was agreed for the implementation of suggested changes and all issues identified were duly addresses by management. I have recommended to the management to maintain continuous emphasis on training as it is an essential ingredient to ensure Shariah compliance of Saadiq products.pk 15 . the affairs of SCBPL were found to have been carried out in accordance with the rules and principles of Shariah including Fatawas of the Shariah Advisor and SBP regulations and guidelines related to Shariah compliance.Standard Chartered Bank (Pakistan) Limited Report of SCBPL Shariah Advisor For the year ended 31 December 2009 Certain areas of improvement were noted and necessary recommendations and corrective measures were advised accordingly. www. make what is lawful enough for us. and spare us by Your grace the need of others O Allah show us the right path (Haq) and give us taufeeq to follow it and also show us devil's path (batil) and give us the taufeeq to avoid it. These two branches ar e located in Hayatabad and Mardan. O Allah.com. Branch Conversion SCB Pakistan in order to extend reach of its Islamic banking services to its customers has converted two of its conventional branches to Islamic banking in the North r egion. as per the branch conversion pr ocess approved by SBP and Shariah Advisor .standardchartered. Muhammad Abdul Mubeen Shariah Advisor Standard Chartered Bank (Pakistan) Ltd.

Date: March 04. Chartered Accountants Syed Iftikhar Anjum 16 SCBP Annual Report 2009 . to the extent where such compliance can be objectively verified. nothing has come to our attention which causes us to believe that the Statement of Compliance does not appropriately reflect the Bank's Compliance. We have not carried out any procedures to determine whether the related party transactions were undertaken at arm's length price or not.Review Report to the Members on Statement of Compliance with Best Practices of Code of Corporate Governance We have reviewed the Statement of Compliance with the Best Practices contained in the Code of Corporate Governance prepared by the Board of Directors of Standard Chartered Bank (Pakistan) Limited to comply with listing regulations of the Karachi. whether the Statement of Compliance reflects the status of the Bank's compliance with the pr ovisions of the Code of Corporate Governance and report if it does not. KSE/N-269 dated 19 January 2009 requires the Company to place before the Board of Directors for their consideration and approval related party transactions distinguishing between transactions carried out on terms equivalent to those that pr evail in arm's length transactions and transactions which are not executed at arm's length price recording proper justification for using such alternate pricing mechanism. Based on our review. with the best practices contained in the Code of Corporate Governance as applicable to the Bank for the year ended 31 December 2009. in all material r espects. The responsibility for compliance with the Code of Corporate Governance is that of the Board of Directors of the Bank. Further. A review is limited primarily to inquiries of the Bank personnel and r eview of various documents pr epared by the Bank to comply with the Code. Further sub-regulation (xiii)(a) of Listing Regulations 35 notified by the Karachi Stock Exchange (Guarantee) Limited vide circular no. We have not carried out any special review of the internal control system to enable us to expr ess an opinion as to whether the Board's statement on internal control covers all controls and the effectiveness of such internal controls. 2010 Karachi KPMG Taseer Hadi & Co. Lahore and Islamabad Stock Exchanges wher e the Bank is listed. Our responsibility is to review. We are only required and have ensur ed compliance of r equirement to the extent of appr oval of r elated party transactions by the board of directors and placement of such transactions before the audit committee. all such transactions are also required to be separately placed before the audit committee. As part of our audit of financial statements we ar e required to obtain an understanding of the accounting and internal control systems sufficient to plan the audit and develop an effective audit approach.

. 11. Casual vacancies occurring on the Board during the financial year ended December 31. 13. In May 2002 the Stock Exchanges have formally incorporated this code in their listing rules.standardchartered.pk 17 . The Board of Directors have met five times in the year and notices of meetings. All the powers of the Board have been duly exercised and decisions on material transactions. A complete record of particulars of significant policies has been maintained. 2. being a member of a stock exchange. The Board has approved appointment of CFO. The directors' report for this year has been pr epared in compliance with the r equirements of the Code and fully describes the salient matters required to be disclosed. 4. The Board has developed and approved a vision/mission statement. The minutes of the meetings wer e appropriately recorded and circulated. 6. 10. 12. The Board has also approved significant policies and adopted certain Standar d Chartered Group policies as far as they ar e in accordance with the local laws and regulations.Executive Dir ectors (INEDs) and four Executive Directors as approved by State Bank of Pakistan. None of the directors of the Bank is serving as a director in more than ten listed companies. 8. The Board has also approved the remuneration and terms and conditions of employment of the CFO. has been declared as a defaulter by that stock exchange. including this Company. CEO and executives do not hold any interest in the shares of the Bank other than that disclosed in the pattern of shareholding.Standard Chartered Bank (Pakistan) Limited Statement of Compliance with the Code of Corporate Governance The Board of Dir ectors of Standar d Chartered Bank (Pakistan) Limited supports and r e-confirms its commitment to continued support and implementation of the highest standards of Corporate Governance at all times. The meetings of the Board was presided over by the Chairman and. which has been appr oved by the Boar d and is signed by all the dir ectors and employees of the Bank. www. Head of Inter nal Audit and Company Secr etary as r ecommended by the CEO. The Bank has applied the principles contained in the Code in the following manner: 1. The terms of r eference of this Committee have been approved by the Boar d and advised to the Committee for compliance. 3.com. in his absence. The financial statements of the Bank were duly endorsed by CEO and CFO before approval of the Board. The Board comprises of thr ee independent Non. All the resident directors of the Bank are registered as taxpayers and none of them has defaulted in payment of any loan to a banking company . The Bank has prepared a 'Statement of Ethics and Business Practices'. The directors. 7. 2009 were duly filled up by the Directors within 30 days thereof. including appointment and determination of r emuneration and terms and conditions of employment of the CEO have been taken by the Board. Committee also ensur es independence of the internal audit function and independence and objectivity of the External Auditors. 2002 has directed all the Stock Exchanges to fully adopt the Code of Corporate Governance (“Code”) in their listing regulations. Head of Internal Audit and Company Secretary. The Board has formed an Audit Committee. agendas and related papers are always endeavored to be circulated at least seven days befor e the meeting except in case where an emergent meeting is to be held. 5. 14. a DFI or an NBFI or . 9. The Bank encourages r epresentation of non-executive (Independent) dir ectors on its Boar d of Directors. The Securities and Exchange Commission of Pakistan (SECP) vide its letter #2(10)SE/SMD/202 dated March 28. by a dir ector elected by the Board for this purpose.

Induction program for INEDs was held in August 2008. All other material principles contained in the Code have been complied with. The statutory auditors or the persons associated with them have not been appointed to provide other services except in accordance with the listing regulations and the auditors have confirmed that they have observed IFAC guidelines in this regard. 18. 21. that they or any of the partners of the firm. 2009 have b een audited and circulated in accordance with the clause (xxii) of the code. 19. Financial statements for the year ended December 31. Two INEDs have attended “The Board Development Series (BDS)” program offered by Pakistan Institute of Corporate Governance (PICG) whereas one INED is already a faculty member of PICG. Remaining Dir ectors will acquir e BDS certification in due course of time. The company has complied with the r equirements as stipulated in clause 35 (xiii) (a) of the Listing Regulations relating to related party transactions. 16. 23. All Directors are provided with an Orientation Pack on their appointment. 17. The meetings of the Audit committee are held at least once every quarter prior to approval of interim and final results of the Company and as required by the Code. All material information as described in clause (xxiii) of the Code have been disseminated to the Stock Exchanges and Securities and Exchange Commission of Pakist an in a timely manner . The Inter nal Control Department r eports dir ectly to the Chairman of the Boar d Audit Committee. 20. The Board has set up an ef fective internal control (Audit & Assurance) department. By Order of the Board Badar Kazmi Chief Executive Officer 18 SCBP Annual Report 2009 .Standard Chartered Bank (Pakistan) Limited Statement of Compliance with the Code of Corporate Governance 15. 24. 22. The statutory auditors of the Bank have confirmed that they have been given a satisfactory rating under the quality control review programme of the Institute of Chartered Accountants of Pakistan. The Bank has complied with all the corporate and financial reporting requirements. their spouses and minor children do not hold shares of the Bank and that the firm and all its partners ar e in compliance with Inter national Federation of Accountants (IFAC) guidelines on code of ethics as adopted by Institute of Chartered Accountants of Pakistan. The Audit Committee of the Board comprises of 3 members. Two Directors including the Chairman are INEDs and the other one is an Executive Director. 25.

057 5.083 5.406 40.726 14.318 51.767 630 669 16.985 23.483 43.709 3.25%** * The amount of goodwill has been deducted from equity for calculation of 'Return on Equity'.362 5.883 12.019 8.629 76.364 8.27%** 0.147 6.80% 3.004 13.062 2.048 1.360 2.standardchartered.923 3.351 3.23%** 0.90% 3.75%* 3.167 10.179 10.757 47.684 4.192 16.066 42.785 177.668 246.687 1.617 312.545 264.339 22.336 2.276 10.450 3.481 4.Standard Chartered Bank (Pakistan) Limited Six Years Key Financial Data PKR Million Key Financial Data 2004 2005 2006 2007 2008 2009 Standard Chartered Bank Pakistan Branches SCBPL Revenue Operating Profit Profit before Tax Profit after Tax Net Mark-up Income before provision Non Mark-up Income Non Mark-up Expenses Shareholder’s Equity Total Assets Advances .9 58 54% 55% 54% 67% 72% 60% 17.126 1.215 129.162 174.359 34. ** The amount of goodwill has been deducted from assets for calculation of 'Return on Assets'.364 10.419 16.601 124.160 12.587 83.646 156.427 7.632 111.79%* 3.447 40.566 6. www.net Deposits Expense / Income Ratio Advances / Deposits Ratio Return on Equity Return on Assets 5.456 5.145 7.023 5.49%* 1.266 2.284 6.794 2.230 94.621 12.696 29.514 83.com.165 25.100 7.508 50.878 35% 31% 36% 67% 60% 82% 37% 53% 30%* 2.537 125.2%** 22.net Investments .552 206.746 255.874 119.pk 19 .

Standard Chartered Bank (Pakistan) Limited Financial Statements For the year ended 31 December 2009 .

standardchartered. and we state that we have obtained all the information and explanations which. 1984 (XLVII of 1984). Our responsibility is to express an opinion on these financial statements based on our audit. to the best of our knowledge and belief. 1984 (XLVII of 1984). on a test basis. 1962 (LVII of 1962). were necessary for the purposes of our audit. It is the responsibility of the Bank's Board of Directors to establish and maintain a system of internal control. the expenditur e incurr ed during the year was for the purpose of the Bank's business.com. and prepare and present the financial statements in conformity with approved accounting standards and the requirements of the Banking Companies Ordinance. we report that: (a) (b) in our opinion. unconsolidated cash flow statement and unconsolidated statement of changes in equity together with the notes forming part ther eof conform with approved accounting standards as applicable in Pakistan. in our opinion: (i) the balance sheet and profit and loss account together with the notes ther eon have been drawn up in conformity with the Banking Companies Ordinance. the unconsolidated balance sheet. 1962 (LVII of 1962). 2010 Karachi KPMG Taseer Hadi & Co. 1962 (LVII of 1962). investments made and the expenditure incurred during the year were in accordance with the objects of the Bank and the transactions of the Bank which have come to our notice have been within the powers of the Bank. (c) in our opinion and to the best of our information and accor ding to the explanations given to us. unconsolidated statement of comprehensive income. These standards require that we plan and perform the audit to obtain r easonable assurance about whether the financial statements are free of any material misstatements. its cash flows and changes in equity for the year then ended. Chartered Accountants Syed Iftikhar Anjum www.6 with which we concur. An audit also includes assessing accounting policies and significant estimates made by management. and the Companies Ordinance. and give the information required by the Banking Companies Ordinance. evidence supporting amounts and disclosur es in the financial statements. We conducted our audit in accor dance with the Inter national Standards on Auditing as applicable in Pakistan. and (ii) (iii) the business conducted. and are in agreement with the books of account and ar e further in accordance with accounting policies consistently applied except for the changes described in note 2. and the Companies Ordinance.Auditors' Report to the Members We have audited the annexed unconsolidated balance sheet of Standar d Chartered Bank (Pakistan) Limited as at 31 December 2009 and the r elated unconsolidated pr ofit and loss account. and the Companies Ordinance. (d) Date: March 04.pk 21 . unconsolidated cash flow statement and unconsolidated statement of changes in equity together with the notes forming part thereof (here-in-after referred to as the 'financial statements') for the year then ended. was deducted by the Bank and deposited in the Central Zakat Fund established under section 7 of that Ordinance. as well a s. 1984 (XLVII of 1984). 1984 (XLVII of 1984). We believe that our audit provides a reasonable basis for our opinion and after due verification. in the manner so required and give a true and fair view of the state of the Bank's affairs as at 31 December 2009 and its true balance of the pr ofit. and in our opinion Zakat deductible at source under the Zakat and Ushr Ordinance. pr oper books of accounts have been kept by the Bank as r equired by the Companies Ordinance. An audit includes examining. which in the case of loans and advances cover ed more than 60% of the total loans and advances of the bank. unconsolidated statement of comprehensive income. unconsolidated pr ofit and loss account. 1980 (XVIII of 1980). evaluating the overall pr esentation of the financial statements.

003.582 31.Standard Chartered Bank (Pakistan) Limited Unconsolidated Balance Sheet As at December 31.128.715.586.080.980) 42.605.551.326 206.860.757.252.617.442 265.038 42.470 264.159.946.745. 2010 Najam I.898 29.784.663 125.356 44.275 27.757.465 3. Chaudhri Director Parvez Ghias Director Shahid Zaki Director 22 SCBP Annual Report 2009 .452 22.812.856 38.178 LIABILITIES Bills payable Borrowings from financial institutions Deposits and other accounts Sub-ordinated loans Other liabilities NET ASSETS 13 14 15 16 17 4.net of deferred tax CONTINGENCIES AND COMMITMENTS 18 19 38.778 44.238.492 3.298.026.787 221.638 15.550 2.715.060 3.535.172 4.730 19.182 20.856 4. Badar Kazmi Chief Executive Karachi: March 04.710.300 32.212 22.285 47.420 8.886.784 27.844.140 20 21 The annexed notes 1 to 41 form an integral part of these un-consolidated financial statements.239.521.995.365 4.850 1.296.730 174.747.536 124.356 47.000 36.010.695.120 (1.446.140 REPRESENTED BY: Share capital Reserves Unappropriated profit Surplus / (deficit) on revaluation of assets .466.957.133.748 312.064 83.724 6.568.601.850 1.874.481.950 1. 2009 Note ASSETS Cash and balances with treasury banks Balances with other banks Lendings to financial institutions Investments Advances Operating fixed assets Intangible assets Deferred tax assets Other assets 4 5 6 7 8 9 10 11 12 2009 2008 (Rupees in ‘000) 21.745.801 1.261.523.055.665.035 1.571 3.741.

3 8.074 (3.611.451) (2.102.081) (156.792 2.308) 6.504 8.283.com.711) (40.current .566) 1.900) 16.905 (596.470 13.deferred 28 PROFIT AFTER TAXATION FROM CONTINUING OPERATIONS (1.494.480 (345.893) 906.pk 23 .321) 438 1.307.266.328) 16.442 (6.424.482.421) (415.667) (174.365 2.980 3.308) (9.385.152) 1.618 14.653.4.713.202) (12.418.369.914) 669.604 23.000.808.243 6.241 13.797.334) (9.2 7.standardchartered.prior years' .883.182.3 & 17.835 317. commission and brokerage income Dividend income Income from dealing in foreign currencies Gain / (loss) on sale of securities Unrealized gain on revaluation of investments classified as held for trading Other income Total non mark-up / non interest income NON MARK-UP / NON INTEREST EXPENSES Administrative expenses Other provisions / asset write-offs Other charges Total non mark-up / non interest expenses Extra-ordinary / unusual items PROFIT BEFORE TAXATION FROM CONTINUING OPERATIONS Taxation .865.474 7.451) (129.7 25 www.912 (7.1 NON MARK-UP / NON INTEREST INCOME Fees.845 3.316.244.368 179.132 26 27 (12.453.279 (12.748.102.266.620.352) (108.073.980 1.370 (73.240 (10.573 (418.888.038) 7.848) 677.762 464.766.092.092.994) 1.974 24 7.279 1.804) 1.Standard Chartered Bank (Pakistan) Limited Unconsolidated Profit and Loss Account For the year ended 31 December 2009 Note CONTINUING OPERATIONS Mark-up / return / interest earned Mark-up / return / interest expensed Net mark-up / return / interest income Provision against non-performing loans and advances Recovery of amounts written off in previous years Provision for diminution in the value of investments Bad debts written off directly Net mark-up / return / interest income after provisions 22 23 2009 2008 (Rupees in ‘000) 26.913.010 6.542 (10.418.763) (12.012 2.

546 BASIC / DILUTED EARNINGS PER SHARE 29 0.net of tax PROFIT AFTER TAXATION 669.Standard Chartered Bank (Pakistan) Limited Unconsolidated Profit and Loss Account For the year ended 31 December 2009 Note 2009 2008 (Rupees in ‘000) DISCONTINUED OPERATIONS Loss from discontinued operations .17 0. Chaudhri Director Parvez Ghias Director Shahid Zaki Director 24 SCBP Annual Report 2009 . 2010 Najam I.365 (Rupees) (47.16 The annexed notes 1 to 41 form an integral part of these un-consolidated financial statements. Badar Kazmi Chief Executive Karachi: March 04.586) 629.

546 (i) (ii) (21. 1984.com. Badar Kazmi Chief Executive Karachi: March 04. Chaudhri Director Parvez Ghias Director Shahid Zaki Director www.545 Total comprehensive income for the year (i) Surplus / deficit on revaluation of 'Available for Sale' securities is presented under a separate head below equity as 'surplus / deficit on revaluation of assets' in accordance with the requirements specified by the State Bank of Pakistan vide its BSD circular 20 dated 04 August 2000 and BSD circular 10 dated 13 July 2004. 2010 Najam I.365 629.096) 9.pk 25 . Surplus on revaluation of fixed assets is presented under a separate head below equity as 'surplus /deficit on revaluation of assets' in accordance with the requirements of section 235 of the Companies Ordinance.standardchartered.492 (13.914) 655.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Statement of Comprehensive Income For the year ended 31 December 2009 2009 2008 (Rupees in ‘000) Profit for the year Other comprehensive income: Exchange difference on translation of foreign operations Exchange difference on translation of foreign operations released on disposal Surplus / (deficit) on revaluation of 'Available for Sale' financial assets Surplus / (deficit) on revaluation of fixed assets Actuarial gain / (loss) on defined benefit plans Deferred tax on actuarial gain / (loss) 669. (ii) The annexed notes 1 to 41 form an integral part of these un-consolidated financial statements.999 669.406) 7.939 (3.635 (27.451 60.479) 39.

595.615) 548.377.015.620.958) 7.304) (2.460.963) (432.041.359 14.748.279 1.180) (1.438.698 (4.646) 9.430 (978.596 32.012) 1.033.701) 103.754) (15.449 Decrease / (increase) in operating assets Lendings to financial institutions Held for trading securities Advances Other assets Increase / (decrease) in operating liabilities Bills payable Borrowings from financial institutions Deposits and other accounts Other liabilities Cash inflow / (outflow) before taxation Income tax paid Net cash generated from / (used in) operating activities CASH FLOW FROM INVESTING ACTIVITIES Net investments Dividend income received Acquisition of Amex net of cash acquired Net investment in fixed assets (including intangible assets) Sale proceeds on disposal of fixed assets Net cash (used in) / generated from investing activities 10.674 11.218 7.407) (33.761.301 (14.914 9.853.079.312.618 50.621.787 (14.782.450 10.451 73.012 2.406.980 (45.240.904.344.583) (179.449.792) 1.149 3.113.266.898.211) (438) 40.431 (46.680) (4.503.318 (11.092.451 6.894.340.487 645.208 11.308 7.193) 1.183.835) 108.888 (4.969) 46.571.242.655 43.279 (7.393 thousand) Profit before taxation from continuing operations Dividend income Adjustments for: Depreciation Amortization Gain on disposal of fixed assets Unrealized gain on revaluation of investments classified as held for trading Other provisions / asset write offs Provision for diminution in the value of investments Lease rentals expense Provision against loans and advances . 2.043) (12.834 (6.775 704.653) (8.023.101 695.968) 2.933 9.455.081 3.Standard Chartered Bank (Pakistan) Limited Unconsolidated Cash Flow Statement For the year ended 31 December 2009 2009 CASH FLOW FROM OPERATING ACTIVITIES Profit before taxation Loss from discontinued operations (2008: gross of tax of Rs.829) 13.802 9.537) (1.792 (198.609.695 2008 (Rupees in ‘000) 1.266.190.580) (46.879.014 26 SCBP Annual Report 2009 .046 508.729 (16.381) 10.051.730 10.258.857 10.net of recoveries 1.665 (2.116) (869.047.

617 The annexed notes 1 to 41 form an integral part of these un-consolidated financial statements. .759.921.617 23.Standard Chartered Bank (Pakistan) Limited Unconsolidated Cash Flow Statement For the year ended 31 December 2009 Note CASH FLOW FROM FINANCING ACTIVITIES Repayment of sub-ordinated Term Finance Certificates Payment of lease obligations Net cash used in financing activities Decrease in cash and cash equivalents for the year Cash and cash equivalents at beginning of the year Cash and cash equivalents at end of the year 2009 2008 (Rupees in ‘000) 30 (187.pk 27 .140 24.732 (202.300) (6.standardchartered.233) (242.933) (194.957) (3.802) (209.924.155) (7.523) 27. Chaudhri Director Parvez Ghias Director Shahid Zaki Director www.885) 24.002.com. 2010 Najam I.002. Badar Kazmi Chief Executive Karachi: March 04.

Chaudhri Director Parvez Ghias Director Shahid Zaki Director 28 SCBP Annual Report 2009 .850 1.873 910.036.036.451 (133.493 2.850 1. Badar Kazmi Chief Executive Karachi: March 04.460 669.096) 33.635 (27.681 43.914) 655.571 Transfer to statutory reserve Balance as at 31 December 2009 The annexed notes 1 to 41 form an integral part of these un-consolidated financial statements.090 60.451 44.665.120 Transfer to statutory reserve Balance as at 31 December 2008 Total Comprehensive income for the year Profit for the year Other comprehensive income Actuarial gain / (loss) on defined benefit plans-net of deferred tax - - - - 669.545 44.402 6.036.715.Standard Chartered Bank (Pakistan) Limited Unconsolidated Statement of Changes in Equity For the year ended 31 December 2009 Share Capital Share Premium Exchange Translation Reserve Statutory Reserve Unappropriated Profit Total (Rupees in '000) Balance as at 31 December 2007 Total Comprehensive income for the year Profit for the year Other comprehensive income Exchange difference on translation of foreign operations Exchange difference on translation of foreign operations released on disposal Actuarial gain / (loss) on defined benefit plans-net of deferred tax 38.635 (27.275 (13.971.365 669.539) 650.873) 4.850 1. 2010 Najam I.715.909 776.090 (33.003.365 38.006 (125.539 - 125.460 636.340.914) 655.546 38.010.546 629.909) 3.715.090 - 133.778 60.096) 6.481.575 - - - - 629.356 (13.

Standard Chartered Bank (Pakistan) Limited has the following three subsidiaries. Approved accounting standards comprise of such International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) and Islamic Financial Accounting Standards (IFAS) issued by the Institute of Chartered Accountants of Pakistan (ICAP) as are notified under the Companies Ordinance.1 BASIS OF PREPARATION Basis of presentation In accordance with the directives of the Federal Government regarding the shifting of the banking system to Islamic modes. The scheme of amalgamation was sanctioned by State Bank of Pakistan vide its order dated 4 December 2006. a bank incorporated by Royal Charter and existing under the laws of England. In case the requirements differ. The Bank commenced formal operations on 30 December 2006 through amalgamation of entire undertaking of Union Bank Limited and the business carried on by the branches in Pakistan of Standard Chartered Bank. 1984 and Banking Companies Ordinance. 'Investment Property' (IAS 40). the State Bank of Pakistan has issued various circulars from time to time. The registered office is at Standard Chartered Bank Building. 1962 and has a total number of 162 branches in Pakistan (2008: 174 branches in Pakistan) in operation at 31 December 2009. 1984.standardchartered. The purchases and sales arising under these arrangements are not reflected in these financial statements as such but are restricted to the amount of facility actually utilised and the appropriate portion of mark-up thereon.. 2. STATUS AND NATURE OF BUSINESS Standard Chartered Bank (Pakistan) Limited ("the Bank") was incorporated in Pakistan on 19 July 2006 and was granted approval for commencement of banking business by State Bank of Pakistan. The ultimate holding company of the Bank is Standard Chartered Plc. Consolidated financial statements are presented separately.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 1. • • • Standard Chartered Leasing Limited Standard Chartered Modaraba Standard Chartered Services of Pakistan (Private) Limited These financial statements are separate financial statements of the Bank in which investments in subsidiaries are accounted for on the basis of direct equity interest rather than on the basis of reported results. 2. provisions of and directives issued under the Companies Ordinance. 1984 and Banking Companies Ordinance. The Bank is engaged in the banking business as defined in the Banking Companies Ordinance.pk 29 . 1962 and the directives issued by State Bank of Pakistan. the provisions of and directives issued under the Companies Ordinance. I. 2. The Securities and Exchange Commission of Pakistan has approved and notified the adoption of International Accounting Standard 39.com. Karachi. All of them are incorporated in Pakistan. incorporated in England. Chundrigar Road. One permissible form of trade related mode of financing comprises of purchase of goods by the Bank from its customers and immediate resale to them at appropriate mark-up in price on deferred payment basis. 'Financial Instruments: Recognition and Measurement' (IAS 39) and International Accounting Standard 40. 1962 and the directives issued by the State Bank of Pakistan shall prevail. I.2 Statement of compliance These financial statements have been prepared in accordance with approved accounting standards as applicable in Pakistan. The requirements of these standards have not been followed in the preparation of these financial statements as the State Bank of Pakistan has deferred the implementation of these standards for banks in Pakistan till further www. with effect from 30 December 2006.

The cost of award points is recognised at the time award points are redeemed. 30 SCBP Annual Report 2009 . the effect of change is not estimated to be material and therefore previous year figures have not been restated. except that certain available for sale. recording of inventories. Except as indicated. Pakistan Banks Association and Modaraba Association of Pakistan have taken up these issues with the State Bank of Pakistan and the Securities and Exchange Commission of Pakistan. invoicing of goods. liabilities. In particular. Previously. estimates and assumptions that effect the application of accounting policies and reported amounts of assets.6.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 instructions. which is the Bank’s functional currency. revenue from award credits for loyalty points was being recognised at the time when these points were awarded and the cost of award points was accrued at the same time. IFRIC 13 'Customer Loyalty Programmes' issued by the International Financial Reporting Interpretations Committee became effective. The estimates and underlying assumptions are reviewed on an ongoing basis. the Securities and Exchange Commission of Pakistan has approved and notified Islamic Financial Accounting Standard 1. information about significant areas of estimation uncertainty and critical judgments in applying accounting policies that have the most significant effect on the amounts recognised in the financial statements are described in the following: 2. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period. 'Murabaha' (IFAS 1).g.1 IFRIC 13 'Customer Loyalty Programmes' During the current year.3 Basis of measurement These financial statements have been prepared under the historical cost convention.4 Use of estimates and judgments The preparation of financial statements in conformity with approved accounting standards requires management to make judgments.7 Note 28 Note 32 Provision against non-performing advances Valuation and depreciation rates for fixed assets Goodwill impairment testing Deferred taxation Derivative instruments Income taxes Employees' retirement defined benefit plans Functional and presentation currency These financial statements are presented in Pakistan Rupees.5 Note 8 Note 9 Note 10. trading and derivative financial instruments have been measured at fair value whereas certain fixed assets are stated at revalued amounts less accumulated depreciation and accumulated impairment losses. However. Actual results may differ from these estimates.2 Note 11 Note 21. 2.6 Changes in accounting policies 2. Due to current size of the program. 2. In addition. investments have been classified and valued in accordance with the requirements of various circulars issued by the State Bank of Pakistan. income and expenses. The revenue from award credits for loyalty points earned on use of various products of the Bank is measured by reference to their fair value and is recognised when award credits are redeemed. 2. concurrent application with other approved accounting standards in place for conventional banks. This standard has not been adopted by stand alone Islamic branches of conventional banks pending resolution of certain issues e. etc. IFAS 1 was effective for financial periods beginning on or after 1 January 2006. financial information presented in Pakistan Rupees has been rounded to the nearest thousand. or in the period of the revision and future periods if the revision affects both current and future periods. where applicable.

standardchartered. the Bank changed its accounting policy for owned properties to carry them at revalued amounts less accumulated depreciation and accumulated impairment losses thereon. There is no change in operating segments being reported as a result of adoption of International Financial Reporting Standard 8. Plant and Equipment' (IAS 16). 'Property. The application of this standard has resulted in certain increased disclosures including the 'Statement of Other Comprehensive Income' which has been reflected in the Bank's financial statements for the year ended 31 December 2009. Identified assets acquired are fair valued at the acquisition date. equity instruments issued and the liabilities incurred or assumed at the date of exchange. Previously. The management believes that the new accounting policy presents a more accurate reflection of the carrying amounts of land and buildings in the financial statements. 3. 3. An operating segment's operating results are reviewed regularly by the Chief Executive Officer (CEO) to make decisions about resources to be allocated to that segment and assess its performance and for which discreet financial information is available. there is no impact on earnings per share.4 Determination and presentation of operating segments An operating segment is a component of the Bank that engages in business activities from which it may earn revenue and incur expenses. The assets and liabilities acquired are recognised at the carrying amounts recognised previously in the combining entity's financial statements.3 International Accounting Standard 1 (Revised) 'Presentation of Financial Statements' International Accounting Standard 1 (Revised) 'Presentation of Financial Statements' became effective for financial periods beginning on or after 1 January 2009.pk 31 . the cost of acquisition is measured as the fair value of the asset given. these were being carried in the books at cost less accumulated depreciation. The 'Statement of Other Comprehensive Income' reflects the changes in equity other than those changes resulting from transactions with owners in their capacity as owners.6. The excess of cost of acquisition over the fair value of identifiable net assets acquired is recorded as goodwill. Since the change only impacts presentation aspects.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 2.com. 2. irrespective of the extent of any minority interest. This change in accounting policy has been dealt with as a revaluation in accordance with International Accounting Standard 16. 'Operating Segments' (IFRS 8). other than changes in certain disclosures. Segment results that are reported to the CEO include items directly attributable to a segment as well as those that can be allocated on a reasonable basis. www. plus costs directly attributable to the acquisition.2 Revaluation of Land and buildings on freehold land During the current year.1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Business acquisitions Acquisitions from entities under common control Business combinations arising from transfers of interests in entities that are under the control of the shareholder that controls the Group are accounted for as if the acquisition had occurred at the beginning of the earliest comparative period presented. 2. For this purpose comparatives are restated. For acquisition prior to 1 January 2009. Other acquisitions Other business combinations are accounted for using the acquisition method. including revenues and expenses that relate to transactions with any of the Bank's other components. The relevant disclosures in this regard have been included in note 9 to these financial statements.6.6.

are known from experience to be present in any loan portfolio. Specific and general provisions are made based on an appraisal of the loan portfolio that takes into account Prudential Regulations issued by the State Bank of Pakistan from time to time.2 Cash and cash equivalents For the purposes of cash flow statement. in accordance with the requirements specified by SBP BSD Circular 10 dated 13 July 2004.e. Regular way purchases or sales are purchases or sales of investments that require delivery of assets within the time frame generally established by regulation or convention in the market place. All 'regular way' purchases and sales of investments are recognised on the trade date i. which are acquired with the intention to trade by taking advantage of short term market / interest rate movements and are carried at market value. The surplus / deficit arising as a result of revaluation at market value is kept in a separate account below equity. 3.4 Sale and repurchase agreements Securities sold subject to repurchase agreements ('repos') remain on the balance sheet. 3. although not separately identified. the date that the bank commits to purchase or sell the asset. The difference between sale and repurchase price is treated as interest / markup / return and accrued over the life of the underlying agreement using the effective interest method. cash and cash equivalents comprise of cash and balances with treasury bank and balances with other banks. The general provision is for the inherent risk of losses which. Specific provisions are made where the repayment of identified loans is in doubt and reflect an estimate of the amount of loss expected. c) Available for sale These are investments that do not fall under the held for trading or held to maturity categories and are carried at market value. the counterparty liability is included in borrowings from financial institutions. Securities purchased under agreements to resell ('reverse repos') are recorded as lendings to financial institutions.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 3. Provision made / reversed during the year is charged to the profit and loss account and accumulated provision is netted off against advances. 32 SCBP Annual Report 2009 . if any. The surplus / deficit arising as a result of revaluation at market value is recognised in the profit and loss account. b) Held to maturity These are securities with fixed or determinable payments and fixed maturity that are held with the intention and ability to hold to maturity. These securities are to be sold within 90 days from the date of their classification as 'Held for trading' under normal circumstances. 3. These are carried at amortised cost. Advances are written-off when there is no realistic prospect of recovery.3 Investments The Bank classifies its investments as follows: a) Held for trading These are securities. d) Subsidiaries Investments in subsidiaries are carried at cost less impairment in value.5 Advances Advances are stated net of provision against non-performing advances.

the arrangement is presented within loans and advances. 1984.tangible Owned Operating fixed assets. www. Leased Fixed assets held under finance lease are stated at the lower of fair value of asset and present value of minimum lease payments at the inception of lease. only when it is probable that future economic benefits associated with the item will flow to the Bank and the cost of the item can be measured reliably. Cost includes expenditure that is directly attributable to the acquisition of fixed assets. Surplus arising on revaluation is credited to the 'surplus on revaluation of fixed assets' account (net of deferred tax). other than land and buildings. Depreciation is charged on the basis similar to owned assets. as appropriate.pk 33 . Goodwill is tested annually for impairment and carried at cost less accumulated impairment.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 When the Bank is the lessor in a lease agreement that transfers substantially all of the risks and rewards incidental to ownership of an asset to the lessee. Land is not depreciated. The revaluation is carried out with sufficient regularity to ensure that the carrying amount does not differ materially from that which would have been determined using fair value at the balance sheet date.7 Intangible assets Goodwill Goodwill represents the excess of cost of an acquisition over the fair value of the share of net identifiable assets acquired at the date of acquisition. Depreciation on all other fixed assets is calculated using the straight line method to allocate their depreciable cost or revalued amount to their residual values over their estimated useful lives. The residual values and useful lives of fixed assets are reviewed. less accumulated depreciation. 3. Surplus on revaluation of fixed assets (net of deferred tax) is transferred to unappropriated profit to the extent of incremental depreciation charged on related assets. All other repairs and maintenance expenditures are charged to profit and loss account during the financial period in which they are incurred. are stated at cost or revalued amount less accumulated depreciation and accumulated impairment losses thereon. deficit arising on revaluation of fixed assets is adjusted against the balance in the above-mentioned surplus account. The net amount is then restated to the revalued amount. 3. is eliminated against the gross carrying amount of buildings. Under the provisions of the Companies Ordinance.com. Financial charges are allocated over the period of lease term so as to provide a constant periodic rate of financial charge on the outstanding liability. Accumulated depreciation on owned buildings.standardchartered. and adjusted (if appropriate) at each balance sheet date.6 Operating fixed assets . Land and buildings are stated at revalued amounts less accumulated depreciation. Land and buildings are revalued by independent professionally qualified valuer(s). Subsequent costs are included in the asset's carrying amount or are recognised as a separate asset. at the date of revaluation. Gains and losses on disposal of fixed assets are included in profit and loss account currently.

Past service costs are recognised immediately to the extent that benefits are vested and are otherwise recognised over the average period until benefits are vested on a straight line basis. An impairment loss is reversed if there has been a change in the estimates used to determine the recoverable amount. Acquired intangibles in business combination Acquired intangibles in business combination that have finite lives are amortised over their economic useful life based on the manner that benefits of the relevant assets are consumed. Actuarial gains and losses that arise are recognised in other comprehensive income in the period in which they arise. An impairment loss in respect of goodwill is not reversed. contributing at 8. In respect of other assets. If any such indication exists then the asset’s recoverable amount is estimated. These costs are amortised on the basis of their expected useful lives. 3. Current service costs and any past service costs together with the expected return on plan assets less the effect of the unwinding of the discount on plan liabilities are charged to operating expenses.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 Computer software Acquired computer software licenses are capitalised on the basis of costs incurred to acquire and bring to use the specific software.9 Staff retirement benefits Defined benefit plan The Bank operates approved funded pension and gratuity schemes for all its non-management employees. The recoverable amount of an asset or cash-generating unit is the greater of its value in use and its fair value less costs to sell.10 Foreign currency transactions Transactions in foreign currencies are translated to Pakistan Rupees at exchange rates prevailing at 34 SCBP Annual Report 2009 . the estimated pre-tax future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. are reviewed at each reporting date to determine whether there is any indication of impairment. the liability / asset recognised on the balance sheet is the present value of defined benefit obligation at the balance sheet date less the fair value of plan assets. impairment losses recognised in prior periods are assessed at each reporting date for any indications that the loss has decreased or no longer exists. For defined benefit plans. 3. 3. In assessing value in use. other than deferred tax assets. The defined benefit obligation is calculated annually by independent actuaries using the "Projected Unit Credit Actuarial Cost Method". Defined contribution plan The Bank also operates a defined contribution gratuity scheme for all its management staff and a provident fund scheme for all its permanent staff.8 Impairment of non-financial assets The carrying amounts of the Bank’s non-financial assets. and a management pension scheme only for its existing pensioners. An impairment loss is recognised if the carrying amount of an asset or its cash-generating unit exceeds its recoverable amount.33 percent and 10 percent of basic salary respectively.

The income and expenses of foreign operations. based on the laws that have been enacted or substantively enacted by the reporting date. The effective interest rate is the rate that exactly discounts the estimated future cash payments and receipts through the expected life of the financial asset or liability (or. Mark-up recoverable on classified loans. Deferred tax assets are reviewed at each reporting date and are reduced to the extent that it is no longer probable that the related tax benefit will be realised. (ii) the initial recognition of assets or liabilities in a transaction that is not a business combination and that affects neither accounting nor taxable profit. are recognised over the life of the underlying transaction on a level yield basis. where appropriate. Foreign currency differences arising on retranslation are recognised in profit or loss. Deferred tax is not recognised on temporary differences relating to: (i) the initial recognition of goodwill. 3. A deferred tax asset is recognised only to the extent that it is probable that future taxable profits will be available against which the asset can be utilised. Fees and commission income are generally recognised on an accrual basis when the service has been provided. Mark-up on rescheduled / restructured loans.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 the date of the transaction.pk 35 . 3. Current tax Current tax is the expected tax payable on the taxable income for the year (using tax rates enacted or substantively enacted at the balance sheet date). Deferred tax is measured at tax rates that are expected to be applied to the temporary differences when they reverse. advances and investments is also recognised in accordance with the requirements of these Prudential Regulations. Monetary assets and liabilities denominated in foreign currencies at the reporting date are retranslated to Pakistan Rupees at the exchange rate prevailing at that reporting date.11 Taxation Income tax expense comprises of current and deferred tax. The assets and liabilities of foreign operations are translated to Pakistan Rupees at exchange rates prevailing at the reporting date. and any adjustment to tax payable in respect of previous years. a shorter period) to the carrying amount of the financial asset or liability.com. Income tax expense is recognised in the profit and loss account except to the extent that it relates to items recognised directly in equity or in other comprehensive income. Fees and commission which in substance amount to an additional interest charge. are translated to Pakistan Rupees at exchange rates prevailing at the date of the transaction.12 Revenue recognition Mark-up / return on advances and investments is recognised on an accrual basis using the effective interest rate method. advances and investments is recognised on a receipt basis in accordance with the requirements of Prudential Regulations issued by the State Bank of Pakistan. Foreign currency differences are recognised in other comprehensive income. providing for temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes.standardchartered. and (iii) differences relating to investments in subsidiaries to the extent that they probably will not reverse in the foreseeable future. Deferred tax Deferred tax is provided for using the balance sheet method. www.

retirement benefit plans and other institutions.19 Non-current assets and disposal groups held for sale Non-current assets and disposal groups comprising of assets and liabilities that are expected to be recovered primarily through sale rather than continuing use are classified as held for sale. 3. Immediately before being classified as held for sale.16 Segment reporting A segment is a distinguishable component of the Bank that is engaged either in providing products or services (business segment). 3. 3. which is subject to risks and rewards that are different from those of other segments. or in providing products or services within a particular economic environment (geographical segment). the assets and components of disposal group are remeasured in accordance with the Bank's accounting policies. These assets and income arising thereon are excluded from these financial statements. 3. the Bank has a legal right to set off the amounts and intends either to settle on a net basis or to realise the asset and settle the liability simultaneously.18 Subordinated liabilities Subordinated liabilities are initially measured at fair value plus transaction costs. 3. A brief description of the products and services offered by different segments of the bank is given in note 36 to these financial statements. 3. as they are not assets of the Bank. trusts. The revenue from award credits for loyalty points earned on use of various products of the Bank is measured by reference to their fair value and is recognised when award credits are redeemed. 3. Any change in the fair value of derivative financial instruments is taken to profit and loss account. 3. Thereafter. and subsequently measured at their amortised cost using the effective interest method.13 Derivative financial instruments Derivative financial instruments are initially recognised at fair value and are subsequently remeasured at fair value. the assets and disposal group are measured at the lower of their carrying values and fair values less cost to sell. (ii) it is more likely than not that an outflow of resources will be required to settle the obligation.17 Offsetting Financial assets and liabilities are set off and the net amount presented in the balance sheet when. and only when. All derivative financial instruments are carried as assets when fair value is positive and liabilities when fair value is negative.20 Discontinuing operations A discontinuing operation is a component of the Bank's business that represents a separate major line of business or geographical area of operations that has been disposed of or is held for sale.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 Dividend income is recognised when the right to receive income is established. The Bank’s primary format for segment reporting is based on business segments. and (iii) the amount has been reliably estimated.15 Fiduciary activities The Bank commonly acts in fiduciary capacities that result in the holding or placing of assets on behalf of individuals. 36 SCBP Annual Report 2009 .14 Provisions Provisions for restructuring costs and legal claims are recognised when: (i) the Bank has a present legal or constructive obligation as a result of past events.

Standard Chartered Bank (Pakistan) Limited

Notes to the Un-Consolidated Financial Statements
For the year ended 31 December 2009

Classification as a discontinuing operation occurs on disposal or when the operation meets the criteria to be classified as held for sale, if earlier. 3.21 Share-based compensation The Group operates cash-settled share-based compensation plans. The fair value of the employee services received in exchange for the grant of the options is recognized as an expense. Cash-settled awards are revalued at each balance sheet date with any changes in fair value charged or credited to staff costs in the profit and loss account. 3.22 New standards and interpretations not yet adopted The following standards, amendments and interpretations of approved accounting standards will be effective for accounting periods beginning on or after 1 January 2010: • Revised IFRS 3 - Business Combinations (applicable for annual periods beginning on or after 1 July 2009) broadens among other things the definition of business resulting in more acquisitions being treated as business combinations, contingent consideration to be measured at fair value, transaction costs other than share and debt issue costs to be expensed, any pre-existing interest in an acquiree to be measured at fair value, with the related gain or loss recognised in profit or loss and any non-controlling (minority) interest to be measured at either fair value, or at its proportionate interest in the identifiable assets and liabilities of an acquiree, on a transaction-by-transaction basis. The application of this standard is not likely to have an effect on the Bank’s financial statements. Amended IAS 27 - Consolidated and Separate Financial Statements (effective for annual periods beginning on or after 1 July 2009) requires accounting for changes in ownership interest by the group in a subsidiary, while maintaining control, to be recognized as an equity transaction. When the group loses control of subsidiary, any interest retained in the former subsidiary will be measured at fair value with the gain or loss recognized in the profit or loss. The application of the standard is not likely to have any material effect on the Bank’s financial statements. IFRIC 15 - Agreement for the Construction of Real Estate (effective for annual periods beginning on or after 1 October 2009) clarifies the recognition of revenue by real estate developers for sale of units, such as apartments or houses, 'off-plan', that is, before construction is complete. The amendment is not relevant to the Bank’s operations. IFRIC – 17 - Distributions of Non-cash Assets to Owners (effective for annual periods beginning on or after 1 July 2009) states that when a Bank distributes non cash assets to its shareholders as dividend, the liability for the dividend is measured at fair value. If there are subsequent changes in the fair value before the liability is discharged, this is recognised in equity. When the non-cash asset is distributed, the difference between the carrying amount and fair value is recognised in the income statement. As the Bank does not distribute non-cash assets to its shareholders, this interpretation has no impact on the Bank’s financial statements. The International Accounting Standards Board made certain amendments to existing standards as part of its Second annual improvements project. The effective dates for these amendments vary by standard and most will be applicable to the Bank’s 2010 financial statements. These amendments are unlikely to have an impact on the Bank’s financial statements. Amendment to IFRS 2 - Share-based Payment – Group Cash-settled Share-based Payment Transactions (effective for annual periods beginning on or after 1 January 2010). Currently effective IFRSs require attribution of group share-based payment transactions only if they are equity-settled. The amendments resolve diversity in practice regarding attribution of cash-settled share-based payment transactions and require an entity receiving goods or services in either an equity-settled or a cash-settled payment transaction to account for the transaction in its separate or individual financial statements.

www.standardchartered.com.pk

37

Standard Chartered Bank (Pakistan) Limited

Notes to the Un-Consolidated Financial Statements
For the year ended 31 December 2009

Amendment to IAS 32 - Financial Instruments: Presentation – Classification of Rights Issues (effective for annual periods beginning on or after 1 February 2010). The IASB amended IAS 32 to allow rights, options or warrants to acquire a fixed number of the entity’s own equity instruments for a fixed amount of any currency to be classified as equity instruments provided the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. This interpretation has no impact on the Bank’s financial statements. IFRIC 19 - Extinguishing Financial Liabilities with Equity Instruments (effective for annual periods beginning on or after 1 July 2010). This interpretation provides guidance on the accounting for debt for equity swaps. This interpretation has no impact on the Bank’s financial statements. IAS 24 - Related Party Disclosures (revised 2009) – effective for annual periods beginning on or after 1 January 2011. The revision amends the definition of a related party and modifies certain related party disclosure requirements for government-related entities. The amendment would result in certain changes in disclosures. Amendments to IFRIC 14 IAS 19 - The Limit on a Defined Benefit Assets, Minimum Funding Requirements and their Interaction (effective for annual periods beginning on or after 1 January 2011). These amendments remove unintended consequences arising from the treatment of prepayments where there is a minimum funding requirement. These amendments result in prepayments of contributions in certain circumstances being recognised as an asset rather than an expense. This amendment is not likely to have any impact on Bank’s financial statements. Improvements to IFRSs 2008 – Amendments to IFRS 5 - Non-current Assets Held for Sale and Discontinued Operations – (effective for annual periods beginning on or after 1 July 2009). The amendments specify that if an entity is committed to a plan to sell a subsidiary, then it would classify all of that subsidiary’s assets and liabilities as held for sale when the held for sale criteria in IFRS 5 are met. This applies regardless of the entity retaining an interest (other than control) in the subsidiary; and disclosures for discontinued operations are required by the parent when a subsidiary meets the definition of a discontinued operation. This amendment is not likely to have any impact on Bank’s financial statements.

4.

CASH AND BALANCES WITH TREASURY BANKS In hand - Local currency - Foreign currencies With State Bank of Pakistan in: - Local currency current account - Local currency current account-Islamic Banking - Foreign currency deposit account Cash reserve account (5% of FE 25) Special cash reserve account (15% of FE 25) Local US Dollar collection account With National Bank of Pakistan in: - Local currency current account

Note

2009

2008

(Rupees in ‘000) 4.1 2,162,807 787,164 9,830,265 524,863 1,866,121 5,576,905 31,873 741,552 21,521,550 3,376,674 1,120,491

8,296,503 785,414 1,641,453 4,886,527 60,175 2,573,798 22,741,035

4.1

This includes National Prize Bonds of Rs. 2.58 million (2008: Rs. 2.26 million).

38

SCBP Annual Report 2009

Standard Chartered Bank (Pakistan) Limited

Notes to the Un-Consolidated Financial Statements
For the year ended 31 December 2009

5.

BALANCES WITH OTHER BANKS In Pakistan - In current accounts Outside Pakistan - In current accounts

Note

2009
27,040 2,211,142 2,238,182

2008

(Rupees in ‘000) 256,127

5.1

1,005,455 1,261,582

5.1

This includes balances of Rs. 2,179.39 million (2008: Rs. 975.20 million) held with branches of Standard Chartered Bank PLC, UK outside Pakistan. LENDINGS TO FINANCIAL INSTITUTIONS Repurchase agreement lendings (Reverse Repo) Placements 6.1 6.2 3,446,217 17,121,847 20,568,064 12,475,673 18,991,225 31,466,898

6.

6.1

These carry mark-up at rates ranging from 11 percent to 12.4 percent per annum (2008: 11 percent to 14.9 percent per annum) payable at maturity, and are due to mature by January 2010. These arrangements are governed under Master Repurchase Agreements. This represents placements with branches of Standard Chartered Bank PLC, UK outside Pakistan at mark-up rates ranging from 0.15 percent to 0.53 percent per annum (2008: 0.01 percent and 2.69 percent per annum), and are due to mature by March 2010. Particulars of lending In local currency In foreign currencies 3,446,217 17,121,847 20,568,064 12,475,673 18,991,225 31,466,898

6.2

6.3

6.4

Securities held as collateral against lendings to financial institutions
Held by bank 2009 Further given as collateral Total 2008 Further given as collateral

Held by bank

Total

(Rupees in '000)

Market Treasury Bills

3,446,217

-

3,446,217

12,475,673

-

12,475,673

6.4.1 The market value of securities held as collateral against lendings to financial institutions amounted to Rs. 3,466.652 million (2008:Rs. 12,565 million).

www.standardchartered.com.pk

39

517.248 4.278) (3.219.057 - 989.417.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 7 INVESTMENTS .518 179.589 84.847 10.800.513.835 (735.451 77.543.6.238.388.928 186.086 10.1 7.324 (2.151 12.983 86.773 4.8 58.853.248 2.6.141 12.5 7.000 19.239 19.265.1 Details of provision held against investment Ordinary shares of unlisted companies .340.498.518 31.4 7.515 4.6.8 1.536 Surplus on revaluation of held for trading securities .589 79.817) 83.873 3.548 7.962) 14.784.278) 84.827 40 SCBP Annual Report 2009 .6.046 86.797.940 86.000 730.1 7.460 84.733) 83.278) 79.308 3.772 4 3.817) (1.778.800.625 77.278 519 3.270 179.067.500 42.000 3.available for sale Units / certificates of mutual funds .653 75.1 3.572.net 7.818 300.797.796 989.NET Note Held by bank 2009 Given as collateral Total Held by 2008 Given as bank Total collateral 7.916 17.141 12.191 1.827) 31.940 31.265.927.095 44.653.500 42.796 18.589 31.3 7.928 186.784.010 3.009 4.000 44.609.568 7.listed Available for sale Market Treasury Bills Pakistan Investment Bonds Ordinary shares of listed companies Units / certificates of mutual funds Ordinary shares of unlisted companies Sukuk Bonds Subsidiaries Standard Chartered Services of Pakistan (Private) Limited Standard Chartered Modarba Standard Chartered Leasing Limited Investments at amortised cost Provision for diminution in the value of investments Investments (net of provisions) Surplus on revaluation of held for trading securities (Deficit) / surplus on revaluation of available for sale securities Total Investments 7.055 86.000 730.000 730.916 17.available for sale Subsidiaries 7.278 954 2.835 438 7.000 730.460 63.7 (735.3 Particulars of provision for diminution in the value of investments Opening balance Charge for the year Reversals Net (reversal) / charge Closing Balance 7.800.net Deficit on revaluation of available for sale securities .747 (3.417.827) 31.517.078.695) 29.747 (3.500 42.242.586.2 7.690 19.873) 73.827) 84.920 438 (1.340.6.3 (77.590) 78.927.513.940 86.6.500 42.873.800.863 179.536 29.021 (Rupees in ‘000) 7.589 300.827 7.835 (738.872.000 186.000 44.745 4 86.3.620.827 76.818 44.987 1.922.663 (77.494.191 1.000 730.057 (4.984.586.500 42.829 4 3.277 10.987 1.2 Investments by segment Federal Government Securities Market Treasury Bills Pakistan Investment Bonds Fully paid up ordinary shares Listed companies Unlisted companies Investment in subsidiaries Standard Chartered Services of Pakistan (Private) Limited Standard Chartered Modarba Standard Chartered Leasing Limited Bonds and Term Finance Certificates Sukuk Bonds Term Finance Certificates Other investments (mutual funds) Total investment at amortised cost Less: Provision for diminution in the value of investments Note 2009 2008 (Rupees in ‘000) 70.000 44.460 7.3 (77.589 31.057 19.000 730.3.987 44.920 438 (1.1 Investments by type Held for trading Market Treasury Bills Pakistan Investment Bonds Term Finance Certificates .663 7.308 3.695) 29.589 1.500 42.010 3.818 300.078.

800.5 Bonds and Term Finance Certificates 2009 Rating Cost Market value Rating 2008 Cost Market value (Rupees in ‘000) Unrated N/A 300.316.000 1.500.T.listed 2009 2008 (Number of Shares) 900 200 400 Unrated Unrated Unrated Unrated 2009 Rating Sakrand Sugar Mills Limited Khurshid Spinning Mills Limited Taj Textile Limited N/A N/A N/A Cost Market value Rating Unrated Unrated Unrated (Rupees in ‘000) - 2008 Cost Market value 3 1 4 (Rupees in ‘000) 3 1 4 All shares are ordinary shares of Rs. Quality of 'available for sale' securities Federal Government Securities Rating 2009 Cost Market value (Rupees in ‘000) 63.6.457.086 10. 7.2 Particulars of shares held .324 Rating 2008 Cost Market value (Rupees in ‘000) 17.873) 1.987 (1.000 1.334 895 86.088 2008 83.295.000 1.pk 41 .000 8.009 million (2008: Rs.769 573.3.769 Pakistan Export Finance Guarantee Agency Limited Chief Executive: S.524.standardchartered.1 7. 10 each Chief Executive: M.260.389.088 Unrated Unrated 3.864 Provision for diminution in the value of investments .250 3.6.000.6.128 Provision for diminution in the value of investments . 19.500.653) 85.unlisted 2009 2008 (Number of Shares) 8.6.214 7.238.388.970 17.055 74.1 7.3.5 7.1 Market Treasury Bills Pakistan Investment Bonds 7.004 2.128 (2. Market Treasury Bills and Pakistan Investment Bonds are eligible for discounting with the State Bank of Pakistan.000.829 29.6.000 1.800.418 10.000 www.3 Particulars of units / certificates held in mutual funds 2009 2008 (Number of Units) 197 5. 10 each except otherwise mentioned. 19.6 7.4 Particulars of shares held . Zaeem Society for Worldwide Interbank Fund Transfer 2009 A-/A-2 2008 A-/A-1 2009 83.906 73.835 8 8 Unrated Unrated 895 86.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 7.094.note 7.M.721 848 3. discounting facility to the Bank.note 7.066.000 300.818 (954) 85.000 300.000 300.000 300.057 million) pledged with the State Bank of Pakistan as security to facilitate T.078.141 63.161 10.872.067 1.100 2009 Cost 2008 Cost Rating UTP Large Capital Fund Pakistan Capital Market Fund National Investment (Unit)Trust Pakistan Strategic Allocation Fund N/A N/A N/A N/A Market value - Rating 4-Star 5-Star 5-Star 4-Star Market value (Rupees in ‘000) - (Rupees in ‘000) 2 1 60 74 157 205 3. Ghalib Nishtar 573.000 (Rupees in ‘000) Wapda Sukuk Bonds Pakistan International Airlines (PIA) Sukuk Bonds Unrated Unrated 300.053 27.447 372.com. including an amount earmarked against the facilities allocated to branches now in Bangladesh.141 12.4 Investments include securities having book value of Rs.000 Khushali Bank Limited Ordinary Shares of Rs.940 1.

100% owned Standard Chartered Modaraba .601.276 84.500 44.000 4.Outside Pakistan Bills discounted and purchased (excluding treasury bills) .7 Unrealized gain on revaluation of investments classified as held for trading Market Treasury Bills Pakistan Investment Bonds Listed Term Finance Certificates 7.579.276 730.230.1.538.In Pakistan .532. etc.4 44.846.362 (16.450.724 86.532.439 1.8.839 38.465 97.624. if any is not material.8. .950 141.000 42.Payable outside Pakistan Advances . Standard Chartered Modaraba is considered a subsidiary of the Bank.650 5 2.446.716.724 2008 133.Listed 20% owned Standard Chartered Leasing Limited .538.402 6. The investment was made to support the enhanced minimum capital requirement of the company as per the Securities and Exchange Commission of Pakistan guidelines and to further strengthen its leasing business growth.623 2.114.3 8.601.353 42.465 (Rupees in ‘000) 8. The bank in 2008 increased its holding in Standard Chartered Leasing Limited (SCLL) from 66.92 million).273.note 7.314.000 Standard Chartered Services of Pakistan (Private) Limited .497 125.000 84.579.45%. running finances.044.401.2 The above investments in subsidiaries are strategic investments of the Bank.968 27.589 (75.885 124. Standard Chartered Modaraba and Standard Chartered Leasing Limited at 31 December 2009 amounted to Rs 256.464 817.465 8.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 2009 7.439 133.The bank based on the projections considers that impairment.1 8.982.450.696 124.753.638) 124.1.271 (12. Therefore.1 7. SCLL has reported a profit for the six months period ended 31 December 2009.028 5.159 million (2008: Rs 178. The efforts and investment of the bank have recently started showing results.806) 125.835 360 78 438 4.783.887 3.500 2008 (Rupees in ‘000) 177.8.724 121.net of provision 7.754. ADVANCES .601.589 730.8 Investment in subsidiaries 2009 2008 (Number of shares) 4.45% owned Provision for diminution in the value of investments .548 4.412 2.642.3 7.446.587.353 4.446.1 Particulars of advances In local currency In foreign currencies 118. Note 2009 134.209 4. The market value of investments in listed subsidiaries.412 134.23% to 86.832 137. Standard Chartered Services of Pakistan (Private) Limited (100% owned by the Bank) exercises control over Standard Chartered Modaraba as its management company and also has a direct economic interest of 10 percent.4 8.642.gross Provision for non-performing advances Advances . Thus an impairment of Rs 75.089 7.8.183.430.464.976. due to uncertainties involved with any projections.Listed 86. the bank has reduced the carrying value of its investment to the net assets value of SCLL at 31 December 2009. cash credits.625) 741.NET Loans. However.8. namely.578 125.180 179.2 Short term (for upto one year) Long term (for over one year) 42 SCBP Annual Report 2009 .Payable in Pakistan .625 million has been recorded.

387.005 16.155.869) 12.480 21.943 7.388.396 632.005 16.371.633 1.118 1.795.150 2.069.741.783.544.293 1.863.507 13.861 (1.(Rupees in '000) ----------------------------------------------Opening balance Charge for the year Reversals 10.4.797.114.(Rupees in '000) ---------------------------------------------------------------------------------------5.pk 43 .008 15.319.480 990.396 8. the statement in respect of written-off loans or any other financial relief of five hundred thousand rupees or above allowed to a person(s) during the year ended 31 December 2009 is given in Annexure 1.389 10.319.960 2.534.319.114.319.741.480 3.806 12.417 1.619) 1.5 Write-offs of Rs.498 13.653 1.389 4.749.114.741.all in local currency Specific 2009 General T otal Specific 2008 General Total 8.389 10.953.346.1 At 31 December. in accordance with the requirements specified by SBP BSD Circular 10 dated 20 October 2009.653 5.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 8.296 1. the provision requirement has been reduced by Rs.182.480 General Provision 21.293 2.741. The said FSV benefit is not available for distribution of cash and stock dividend. 1962.172 9.838) (18.388.479.931.005 12.767 (4.273) (497.334 5.008 15.806 12.182.749.424 Loss 14.943 7.400 4.534.559.806 Amounts written off Other movements Closing balance 8.389 12.389 10.746.507 13.000 and above In terms of sub-section (3) of section 33A of the Banking Companies Ordinance.389 16.254.099.3 ----------------------------------------.485.443 7.096 21.149.149.005 16. 500.640) 7.298.838) (18.485.492.485.150 1.965.783.534.806 12.182.633 1.830 (1.000 and above Write-offs of below Rs.298.2.118 1.851 (4.544.417 1.433.760) 12.633 1. www.329 (2.838 2.485.633 1.396 9.com.528.507 13.951 million (31 December 2008: Rs.116.716.507 13.298.534 15.863.783.795.823.470) (2.885.783.156 (9.150.4.559.296 8. 500. 318.149.346.247) 15.481.960 Doubtful 2.346. Particulars of provision against non-performing advances .150 1. 2009.795.5 million) due to 40 percent (31 December.943 16.2 8.424 14.417 16.036 2.388.114.396) (303.1 Particulars of write offs Against provisions Charged and written off during the year 2009 2008 (Rupees in '000) 2.417 1.347 9.389 million) which have been placed under non-performing status as detailed below: 2009 Classified advances Provision required Provision held Domestic Overseas T otal Domestic Overseas T otal Domestic Overseas T otal ------------------------------------------------------------------.387.149.182.534.746.537 (9.741.746.548.480 million (31 December 2008: Rs 16.319.114.772 5.638 Classified advances Domestic Overseas Total Substandard Doubtful Loss General Provision Domestic Total Domestic Provision held Overseas Total ---------------------------------------------------------------------------------.916 (231. 500.008 15.2 Advances include Rs 21.319.417 11.917 (2. 2008: 30 percent) benefit of Forced Sale Value (FSV) of commercial.(Rupees in '000) --------------------------------------------------------------------------Category of classification Substandard 3. residential and industrial properties (land and building only) held as collateral.760.247) 16.230) 10.standardchartered.953.806 8.172 720.114.387.389 1.389 8.943 7.638 990.795.965.296 1.969 (561.633 1.913) 7.485.387.118 1.795.109.481.412) 1.869) 10.417 657.795.396) (303.096 21.443 8.049 9.005 16.000 Details of loans written-off of Rs.611.534.4 8.749.806 9.273.298.638 990.389 10.388.749.296 1.008 15.150 1.099.638 2008 Provision required Overseas 990.638 7.346. 749.298.389 16.118 1.388.783.

304 (2.652 310. partners or in the case of private companies as members Balance at beginning of the year Loans granted during the year Repayments Balance at end of the year (iii) Debts due by subsidiary companies.384.906 (4.715 5.483 66.219 3.1 9.738 3.349 25.252.995.114.239) 2. controlled firms. etc.956.753 4.275 18.947) 1.627.176 (1.741 3.162.169.812.767.927.565) 2.012.858 2.162 3.789.959. (i) Debts due by directors.204 (2.741 44 SCBP Annual Report 2009 .1 Capital work-in-progress Civil works Advance payment towards property and equipment Consultants' fee and other charges 9.384.004 47.6 Particulars of loans and advances to directors.370) 217.169.886.435 6. managed modarabas and other related parties Balance at beginning of the year Loans granted during the year Repayments Balance at end of the year 9.358 3.2 2009 2008 (Rupees in ‘000) 2.764.349 6.534 3.144.307 (6.282 1.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 Note 8.183 68.644) - 1. associated companies.337.784 96.715 68. executives or officers of the bank or any of them either severally or jointly with any other persons Balance at beginning of the year Loans granted during the year Repayments Balance at end of the year (ii) Debts due by companies or firms in which the directors of the bank are interested as directors.219 - 852. OPERATING FIXED ASSETS Capital work-in-progress Property and equipment 9.505 96.

67% 1.941.127 (1.322 488.289 831.831 20.596 152.931.895 3.038 3.871 227.514 (40.446) (43.362 1.standardchartered.735) 463.346 74.184.127 (250.150.683 1.483 41.730) 1.442 20% 3.557 645.577 110 (9.291 13.948) (104.305.889 Depreciation At 1 January 2009 Charge for the year Revaluation adjustments* Transfers / write offs Deletions At 31 December 2009 Net book value 755.504 183.042.034) 7.649) 3.647) 541.540) (194.787 (53.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 9.683 90.871 655.423) 49.315 (29.779.612) (211.28% .433) 2.com.502 5.172.259.612) (377.432) 10.651 6.113.580 97.601 2.305.609 528.315.398 704.584) 3. fixtures and office equipment Vehicles Total -------------------------------.230 (120.117 (218.662) (35.184.139.789.650) 74.071 7.(Rupees in '000)---------------------------------Cost / Valuations At 1 January 2009 Additions during the year Revaluation surplus recorded Transfers / write offs Deletions At 31 December 2009 3.245.397.182 72.534 * The revaluation adjustments relate to the accumulated depreciation as at the revaluation date that was eliminated against the gross carrying amount of the revalued buildings.430) (36.094.150.2 Property and equipment Land and buildings on freehold land Leased hold improvements 2009 Furniture.733) (43.804 6.319 110 (5.331) 3.921.454 6.801 203.597 (52.094) 3.259.715) (48.327 715 (171.151) (111) 5.181 70.428.872 6.826 (84.785 (15.337 645.654.372.182 263.945 (255.638) (81) 5.863 736.046 (449.577 463.101 3.349) 76.pk 45 .242) 3.759 2.294 848.464) 249.315.971) 2.774 3.696 1.149 (449.580 2.297 26.733 10.323 14.927.896) 41. www.054 493.457 (2.897 6.747) (35.389.181 468.504 95.201) 755.337 Net book value Rate of depreciation 2.094.777 (37.577 249.054 23.33.770 520 (165.67% 213.391.291 2.658 3.733 6.372.33% 33.756 (2.435 2008 Cost At 1 January 2008 Additions during the year Acquisition Transfers / write offs Deletions At 31 December 2008 Depreciation At 1 January 2008 Charge for the year Acquisition Transfers / write offs Deletions At 31 December 2008 2.

049 7.800 1.000.184 6. Muhammad Shahid Soomro Anis Ahmed & Bros. which ever is less.856 48.33 20 33.848 7 58 1. LEF07-6359 Car Sold to Reza Asghar Veh #.000 and cost of less than Rs.6 Details of disposal of fixed assets whose original cost or book value exceeds Rs. Farhan & Company M/s.814 2.821 3.431 (23) 2 1. LED07-6515 Car Sold to Zarak Mooraj Veh #. 250.233.939 43.612) 1. If the owned land and buildings were measured using the cost model.000.426 Mode of Disposal Particulars of Purchaser Lease hold improvements Furniture. ANV-701 Car Sold to Abid Sultan Veh #.373 1.165.373 1.888 million (2008: Rs.104 1. 3.599.343 2. Muhammad Shahid Soomro M/s.931 52 451 245 161 687 130 73 60 222 9 404 396 499 381 616 299 457 1. Car Sold to Rauf Jama Veh #.955 3. the carrying amounts would have been as follows: 2009 (Rupees in ‘000) Cost Accumulated depreciation Carrying amount The movement in surplus on revaluation of fixed assets is given in note 20.215 6.0530 Car Sold to Shahab Anwer Veh #.767 7.33 14.883.757 7.3 The Bank's land and buildings were revalued by an independent accredited professional valuer. fixtures and office equipment are as follows: Furniture and fixtures Printers Other office equipment Computer equipment ATM machines 33.584 30 56 84 747 917 4. Dilawar & Brothers M/s. fixtures and office equipment Vehicles 111 1.795 419 560 576 560 907 560 560 1. Farhan & Company New Hampshire Insurance Company M/s.583 46 SCBP Annual Report 2009 .357 25 246 245 33 626 130 61 50 199 9 118 23 105 26 41 35 140 314 2. (Private) Limited. 2.739 million over the book value.4 9.304 3. adjusted for any difference in the nature.715.28 percent percent percent percent percent 9.074 2.290 2. Farhan & Company M/s. ANW-391 Vehicles Items having book value of less than Rs.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 9. The valuation performed by the valuer was based on active market prices.000. and assets disposed of to the Chief Executive or to a director or to executives or to a shareholder holding not less than 10% of the voting shares of the bank or to any related party. irrespective of value. Ilyas Hussain Soomro M/s. LWL . The date of revaluation was 31 December 2009. LT . 2.838 9.795 133 187 182 205 332 296 243 794 36. Iqbal A.576 1.267 2. Depreciation rates for furniture. APD-384 Car Sold to Shereen Hussain Veh #. Land and Buildings on freehold land Lease hold improvements Furniture. are given below: Particulars Cost Accumulated Book Sale Gain / (Loss) value Proceeds on Sale depreciation ----------------------------( Rs.432 81 1.331 4.415 3. 1.348 2.399 2. fixtures and office equipment Tender Tender Tender Insurance Claim Tender Tender Tender Tender Tender Tender Negotiation Employee Service Rules Employee Service Rules Employee Service Rules Employee Service Rules Employee Service Rules Employee Service Rules Employee Service Rules M/s.814 1. 1. The revaluation has resulted in a net surplus of Rs. Farhan & Company M/s.450 (449. 1 million or Rs 250. the gross carrying amount of fully depreciated property and equipment still in use amounted to Rs. Mohammad Ibrahim Osman Soomro M/s.645 27 205 128 61 12 10 23 286 373 394 355 575 264 317 901 3. '000) ------------------------------1.476 million).157 4.074 9. Nanjee & Co.695 40.188 1.921 7.785 Car Sold to Umair Abbasi Veh #.5 As at 31 December 2009.931 7.33 33.160 3. location or condition of the specific land and building.331 3.360 2.739 1.1 to the financial statements.

941 27. For the calculation as at 31 December 2009.428 31.541.400 311.400 300.345 91.095.404 million).926 91.3 percent and a discount rate of 26.765) 29.1 26.066 298.095.941 508.com.680 774.963 (11.standardchartered.679 million (2008:Rs. The calculations are based on cash flow projections based on budgets and forecasts approved by the management covering three year period.982.428 76.535.001 26.095.888 (8) 2.310 26.270 609.140 38. The cash flows are discounted using a pre-tax discount rate which reflects the current market rate appropriate for the business.982. the cost of fully amortised intangible assets (computer software) still in use amounted to Rs.570 160.766 (11.001 (8) 29.335 165. the bank has used a long term forecast GDP growth rate of 4. 130. The management believes that any reasonable possible changes to the key assumptions on which calculation of recoverable amount is based.274) 2.413 1.542.274) 223.006.680 774.796 1.680 389.553.382 787.770 20% 1.982.060 As at 31 December 2009.310 775.095. 10.496 (8) 254. in '000) ---------------------------------------- Cost At 1 January 2009 Transfers / write offs At 31 December 2009 Depreciation At 1 January 2009 Charge for the year Transfers / write offs At 31 December 2009 Net book value 26.065 112.006.521.198 (8) 300.572 460. These are then extrapolated to a further period of 17 years using a steady long term forecast GDP growth rate and a terminal value determined based on a long term earnings multiple.916 45.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 10 INTANGIBLE ASSETS Goodwill 2009 Core Customer Brand Computer Total deposits relationships names Software intangible intangible ----------------------------------------------.(Rs.319.5 percent.382 326. 119.095.821 27. The recoverable amount for the purpose of assessing impairment on goodwill on acquisition of Union Bank Limited was based on value in use.413 1.095.065 277.026.495 497.998 259.198 29.841 497.172 2008 Cost At 1 January 2008 Deletions At 31 December 2008 Depreciation At 1 January 2008 Charge for the year Deletions At 31 December 2008 Net book value Rate of amortisation 10.680 389.310 1.195. would not cause the carrying amount to exceed the recoverable amount.2 www.400 389.932 129.274 2.pk 47 .413 774.615 52.195.334 155.618 76.402 223.084 (8.982.993 26.515.190 29.066 38.310 26.413 774.301 (8.031 336.914 695.586 419.310 1.190 1.765) 300.400 389.542.310 1.

041.281.555 (6.301) 1.225 4.196 8.607) (1. in view of the Government's current fiscal considerations. The amount of bad debts classified as substandard under Prudential Regulations issued by the State Bank of Pakistan would not be allowed as an expense.452 2008 At 1 January 2008 (Charge) / credit to profit and loss Debit/ (credit) to equity/ other comprehensive income (Rupees in '000) 519.658) (14.536 6. 48 SCBP Annual Report 2009 .298.183 1.060 (22. 2001.253) (30.949) 14.183 1.1 674.492) (676. 2009 has made significant amendments in the Seventh Schedule to the Income Tax Ordinance. Pakistan Bank Association (PBA) vide its’ letter dated 17 November 2009 has also suggested the Federal Board of Revenue (FBR) to restore the original provision of the Seventh Schedule.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 11 DEFERRED TAX ASSETS .114.788 (726.664) 6. Through these amendments.554) (22.581 (387.007.421) 674.979 (11.017 81. except provision for bad debts created in case of substandard category.179) (41. has suggested FBR to increase the threshold of 1 percent to 5 percent in case of consumer loans and advances to SMEs. whereby entire provision for bad debts created as per the requirements of Prudential Regulations issued by the State Bank of Pakistan were allowed as a deduction.860) At 31 December 2009 Available for sale investments Accumulated business losses Provisions for loans and advances Other assets Fixed assets Surplus on revaluation of Fixed Assets Goodwill Actuarial gains on retirement benefits 11.102 4.281.225) 2.157 (33.715 81.492 (450.979) 11.581 (387.114) 3.201.654) (376.114) 3.730 11.173) (2.987 (6. The amendments are applicable for financial year ended 31 December 2009. and 2 percent in case of all other advances for the time being.582 257.240. as a matter of interim measure. Provisioning in excess of 1 percent would be allowed to be carried over to succeeding years.492 (604.240.531) 3. the deduction for provisions for advances and off balance sheet items will be allowed up to 1 percent of the total advances.479) 516.622) 4.235) 10.738 (4.225 198.NET The following are major deferred tax assets / (liabilities) recognised and movement thereon: 2009 Note At 1 January 2009 (Charge) / credit to profit and loss Debit/ (credit) to equity/ other comprehensive income (Rupees in '000) (417.298.819) (41.173) 7.607) (1.225 4.134 At 31 December 2008 Available for sale investments Accumulated business losses Provisions for loans and advances Other assets Fixed assets Deposits Sub-ordinated loans Other liabilities Goodwill Actuarial gains on retirement benefits 155.060) 22.715 81.159.311.589) (33.253) (30.613 (3.354.576) (353.730 (81.896 (418.1 The Finance Act. PBA.

700.e. 4.606 19.607 302. 1/2010 dated 13 January 2010 informing its’ members that the process of amending the Schedule requires a due process at the FBR.047 2.207 4. however.038.693 4. advance rent and other prepayments Receivable from defined benefit plans Receivable from defined contribution plans Advance taxation (payments less provisions) Branch adjustment account Unrealized gain on forward foreign exchange contracts Interest rate derivatives and currency option .303 69.standardchartered. The Institute of Chartered Accountants of Pakistan (ICAP) and PBA have been following up the matter with FBR.303) 19.638 4. The amendments introduced in the Seventh Schedule do not provide for any transitional mechanism i. Accordingly.190 107.positive fair value Receivable from SBP / Government of Pakistan Receivable from associated undertakings Receivable from Standard Chartered Bank.193 55.420 107. FBR vide its letter dated 23 December 2009 informed ICAP regarding its decision to insert transitional provisions in the Seventh Schedule. However.247 476.094.1 2009 2008 (Rupees in ‘000) 5. the deferred tax asset recognized through 31 December 2008 relating to provisions for advances and off balance sheet items amounting to Rs.240 million has been carried forward.470 www.985 1.485 760.418 205.526 342.144 410. till date no formal amendments have been made.431 144.pk 49 .787 162.303 160.174.437.303 160.457.213 40.303 12.190) 22.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 The management has carried out an exercise at year end and concluded that they would be able to get deduction of provision in excess of 1 percent of total advances. and accordingly have recognized a deferred tax asset on such provision amounting to Rs.677 36.490 483.727 134.232 22.469 28.114 million.133. 2.844. Note 12 OTHER ASSETS Income / mark-up accrued in local currency Income / mark-up accrued in foreign currencies Advances.134 95. ICAP also issued Circular No. pending the final resolution of the matter. deposits.938 (205.180 192.981 1.212.346.169 240.303 107. and therefore ICAP considers that the process has already commenced and the reasonable indications exist that the rule would be amended in due course.161.860 193.283 84.694.475 48.com.673.740 111.653 3. Sri Lanka operations Non-banking assets acquired in satisfaction of claims Tax compensation under section 102 of the Income Tax Ordinance Bank acceptances Unsettled trades Others Less: Provision against other assets 12.1 Provision against other assets Opening balance Charge for the year Other movements Closing balance 13 BILLS PAYABLE In Pakistan Outside Pakistan 4.475 17.868.177 340.748 5.773 (107. how and when the provision for bad debts disallowed up to 31 December 2008 would be allowed as a deduction.564 104.051 2.239.210 107.296.601 107.338.660 6.653 8.

326 5.6 50 SCBP Annual Report 2009 .725 950.730 15.1 14.9 percent to 12.075 million (2008: Rs.000 39.696 million (2008:Nil).Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 14 BORROWINGS FROM FINANCIAL INSTITUTIONS Note 2009 2008 (Rupees in ‘000) In Pakistan Outside Pakistan 14.711.730 14.309 4.778.755.891 28.326 8.5 percent to 7 percent (2008: 6. Mark-up on Long Term Finance for Export Oriented Projects (EOP) from State Bank of Pakistan is charged at rates ranging from 7 percent to 7.239 Total Held by bank 2008 Further given as collateral Total 14.747.695. 114.1 15.2.666. Repurchase agreement borrowings carry mark-up at rates ranging from 11.200.4 14. 4.980 219.5 The market value of securities held as collateral against borrowings from financial institutions amounted to Rs.337. These loans are secured against demand promissory notes executed by the Bank in favour of State Bank of Pakistan.2.747.Export Oriented Projects Unsecured Call borrowings Overdrawn nostro accounts 14.839 8.LTFF State Bank of Pakistan .326 8.132 36.601 15.839 8.991 8. 14.996.239 493.2.2 14.747.2. Securities held as collateral against borrowings from financial institutions Held by bank 2009 Further given as collateral 4.891 28.2.695.194 15.2.132 36.3 percent (2008: NIL percent per annum). UK outside Pakistan amounting to Rs.LTF .3 (Rupees in '000) Market Treasury Bills 4.730 14.298 146.2.6 Mark-up on Export Refinance (ERF) from State Bank of Pakistan is charged at 6.1 Particulars of borrowings with respect to currencies In local currency In foreign currencies 14.5 percent) per annum.000 41.2.2.667 239.739 2. 28.879 14.25 percent (2008: 4 percent to 7 percent) per annum.239 - 14. 36.711.590 million).2.194 15. These include overdrawn nostro accounts with branches of Standard Chartered Bank PLC.666.5 9. and includes Islamic Export Refinance scheme amounting to Rs.300 million (2008: NIL).2 Details of borrowings secured / unsecured Secured Borrowings from State Bank of Pakistan under Export Refinance (ERF) scheme Repurchase agreement borrowings (Repo) State Bank of Pakistan . These loans are secured against promissory notes executed by the Bank in favour of State Bank of Pakistan.695.2 14.455.778.092 6.778.783.

299.Fixed deposits .960.Special exporters' account Financial Institutions .Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 15 DEPOSITS AND OTHER ACCOUNTS Customers .710. The first issue of Rs 750 million was fully repaid during FY 2008.603 67.551.1 1.737 206. The outstanding second and third issues of Rs 750 million and Rs 1.1 786.213 15.772.Savings deposits .pk 51 .344 206.891 157.954.156.com.551.171.564 753. Particulars of deposits Note 2009 2008 15.010.300 The Bank has issued subordinated Term Finance Certificates in three issues.801 This includes Rs.957.000 1.746 79.00% above the six months Karachi InterBank Offered Rate ("KIBOR") prevailing one working day prior to the beginning of each semi annual period 7 years Floor Ceiling Repayment 5% 10.2 (Rupees in ‘000) 169.1 16. 334. UK operating outside Pakistan.362 61.853 174.75% above the cut-off yield of last successful auction of five years PIB Third Issue 2005 AAA 2.Non-remunerative deposits Note 2009 2008 (Rupees in ‘000) 58.957.228.standardchartered.904 240.606 37.948 32.523.464 541.507.337 174.401.796 1. and carry the following terms: Year of Issue Rating Rate Second Issue 2003 AAA 0.559 million (2008: Rs. 108.75% 7 years www.950 15.004 174.Current accounts (non-remunerative) .396 206.Margin accounts .1 51.801 In local currency In foreign currencies 16 SUB-ORDINATED LOANS Term Finance Certificates issued 16.000 million respectively are unsecured and are subordinated to the depositors and other creditors of the bank.826 million) for balances of branches of Standard Chartered Bank PLC.003.950 141.411 59.778.475.

850 29.318.1 Due to Holding Company On account of reimbursement of executive and general administrative expenses Others 17.318.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 17 OTHER LIABILITIES Note 2009 2008 (Rupees in ‘000) Mark-up / return / interest payable in local currency Mark-up / return / interest payable in foreign currencies Accrued expenses Advance payments Sundry creditors Unrealized loss on forward foreign exchange contracts Unrealized loss on interest rate derivatives and currency options Provision against cross currency swaps Payable to defined contribution plans Due to Holding Company Unclaimed balances Provision against off balance sheet obligations Worker's Welfare Fund (WWF) payable Short sell .000 18.288.518 193.486 10.711 12.637 10.604 3.787 17.864 8.000 40.000 76.731.1 SHARE CAPITAL Authorized 2009 2008 (Number of shares) 4.800.682 1.800.871.162 11.219 10.715.000.000.876 185.762 10.220) 86.244 135.604 16.055.024 1.591.957 86.763 84.715.495 (116.785.018 Ordinary shares of Rs.728 6.019 10.564 2.10 each 40.614.605.248 32.299 36.585.1 17.614. subscribed and paid-up 2.2 4.728 6.337 1.000.Pakistan Investment Bonds Bank acceptances Unsettled trades Others 17.733) 76.411.000.397.678.102.939.437.871.2 Issued.091 458.2 Provision against off-balance sheet obligations Opening balance Charge / (reversal) for the year Other movements Closing balance 18 18.850 52 SCBP Annual Report 2009 .304 6.673.556 523.850 9.000 Ordinary shares of Rs.397.003 3.785.000.939.156.000 38.018 931.021 2. 10 each Fully paid in cash Issued in terms of scheme of amalgamation 29.361 296.965 648.442 2.976 (10.172.213 799.3 9.215 546.216 326.762 19.000 3.864.728 16.000.021 18.174.003 3.820 60.000 38.518 129.718.409 76.864.979 86.762 25.585.850 931.

21. Standard Chartered Bank .pk 53 . held 98.059.558.554.874 25.943.020 (1.036.536 (478.980) Related deferred tax asset 21. United Kingdom.281) 3.402 1.Government .566 - 20. These shares have been issued in accordance with the scheme of amalgamation duly approved by State Bank of Pakistan on 4 December 2006.599.927.99% shares of the Bank.1 19.173) 3.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 18. At 31 December 2009.245. the Bank is required to transfer twenty percent of its profit of each year to a reserve fund until the amount in such fund equals the paid-up capital of the Bank.946.800.776) 61 (1.102 9. SURPLUS / (DEFICIT) ON REVALUATION OF ASSETS .080.NET OF TAX Surplus / (deficit) arising on revaluation of: Fixed assets Available for sale securities Note 2009 2008 19.1 This represents excess of fair value of the shares over par value of shares issued to registered shareholders of Union Bank in terms of the amalgamation scheme.2 Surplus / (deficit) on revaluation of Available for sale securities Market Treasury Bills Pakistan Investment Bonds Listed shares 69.679 13.252.281) 16.2 20 (Rupees in ‘000) 20.980) (1.558.1 20.2 1.Others 34.1 CONTINGENCIES AND COMMITMENTS Transaction-related contingent liabilities Guarantees issued favouring: .492 19.252.standardchartered.090 910.2 3.285 (1.3 These represent 892.149) (735.921 www.275 1.com.1 Surplus on revaluation of fixed assets Surplus on revaluation of land and buildings on freehold land recorded during the year Deferred tax liability on revaluation of land and buildings on free hold land 3. 1962.151 shares of Rs 10 each issued and allotted at par to Standard Chartered Bank.695) 674.332 (805. and 39.739 (41.566 (478.715 (1.540.980) 20.036.812.209.365 1. In accordance with the Banking Companies Ordinance. RESERVES Note 2009 2008 18.852 shares issued and allotted at par credited as fully paid up to persons who were registered shareholders of Union Bank.4 19 (Rupees in ‘000) Share premium Statutory reserve 19.090 776. United Kingdom against transfer of entire undertaking of SCB Branch Business by SCB to the Bank.252.817) 257.

941 3.3.262.145 1.183.600 26.5 Commitments to extend credit The bank makes commitments to extend credit in the normal course of its business but these being revocable commitments do not attract any significant penalty or expense if the facility is unilaterally withdrawn.332 13.357 3.1 2009 2008 (Rupees in ‘000) 20.597.331 (Rupees in ‘000) 842. The bank has referred the claims to Alternate Dispute Resolution (ADR) Committee.369 8.658 2008 11. Government of Pakistan.140 21.4 Commitments in respect of forward foreign exchange contracts Purchase State Bank of Pakistan Other banks Customers Sale State Bank of Pakistan Other banks Customers The maturities of the above contracts are spread over a period of one year.982 320 2009 16.169.142.827 million (2008: 80.180 million) claimed by Customs authorities in respect of certain bank guarantees issued on behalf of a customer in favour of Collector of Customs.355. The bank considers that the above amounts are not payable and if it is required to settle the claims.750 28.460 12.982 54 SCBP Annual Report 2009 . The guarantees remaining outstanding against the said customer at 31 December 2009 amount to Rs.108.045. 80.2 Trade-related contingent liabilities Letters of credit 21.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 Note 21.367.404 3. where it is yet to come up for a hearing. it would be able to recover them from the customer.3 Other contingencies Claims against the Bank not acknowledged as debt 21.661 5.488.3.481 21.345 million (2008: 112. 21.911.147. 21.1 This includes claims for penal interest and additional surcharge amounting to Rs. 128.000 23. 21.6 Commitments in respect of operating leases Not later than one year Later than one year and not later than five years 2.827 million).284.067.

614) - Net (117.062.199) (457) (57. Notional Contracts Principal 52 3 65 120 147 64.908 (3. UK to obtain cover against the contracts with customers.115.411 270.157) (3.897) (242.965.700.863.pk 55 . except for 18 contracts having notional principal of Rs 26.7.220 21.735 1.985.538 7.202 382.736) (2.359.617 74.494.695) 140.571 394.600 Mark to Market Positive Rupees in '000 29.524.822.931.012.822 158. of Contracts 4 3 1 27 20 17 47 11 Notional Principal 1.199) (453) 108.215.076 16.634 600.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 21.257) (24.470 26.7.7 Derivative instruments 2009 Interest Rate Swaps No.589 4 165.1 Product analysis Counterparties With Banks for Hedging Market Making With FIs other than banks Hedging Market Making With other entities for Hedging Market Making Total Hedging Market Making 2008 Total Market Making * At the exchange rate prevailing at the end of the reporting period Contracts with banks represent contracts entered with branches of Standard Chartered Bank.standardchartered.636.148) (2.663) (4.759 292.133 million with local banks.814 - Negative (146.336 Rupees in ’000 FX Options No.892) (5.931. 21.264.564.2 Maturity analysis Interest Rate Swaps Remaining Maturity Upto 1 month 1 to 3 months 3 to 6 months 6 month to 1 year 1 to 2 year 2 to 3 years 3 to 5 years 5 to 10 years Above 10 years No.591.538 3.154 245.808.804 145. Notional Contracts Principal * 208 208 416 40 3.com.955 2.049 4.200 - www.000 77.385.567 29.000 8.

010 308.653.073.275 141.022) (345.329 500.259 34 664.098 14.442 (Rupees in ‘000) On loans and advances to customers On loans and advances to financial institutions On investments in: i) Held for trading securities ii) Available for sale securities On deposits with financial institutions / State Bank of Pakistan On securities purchased under resale agreements On call money lending 23 MARK-UP / RETURN / INTEREST EXPENSED Deposits Securities sold under repurchase agreements Call borrowings Borrowings from State Bank of Pakistan under Export Refinance (ERF) scheme Term Finance Certificates (sub-ordinated loans) 24 GAIN / (LOSS) ON SALE OF SECURITIES Federal Government Securities Market Treasury Bills Pakistan Investment Bonds Equity Securities 25 OTHER INCOME Rent on property Gain on disposal of fixed assets Income on interest rate derivatives and others 3.900 9.940 24.734 7.888.339 (2.052.211 1.183 470.502.432 238.369.515.328 5.964 467.688.934 1.321) 56 SCBP Annual Report 2009 .270 23.583 309.004 34.382 1.339 4.931 129.148.299) (10.971) 464.240 2008 17.752.544 64.737.243 434.062 6.124.874 119 3.438 252.088 317.958 337.010 6.368 9.307.798 (345.322 357.375 32.611 323 26.938 10.097) (335.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 22 MARK-UP / RETURN / INTEREST EARNED 2009 18.938 224.

2 Details of the donations given in excess of Rs. Rauf Associates Lahore University of Management Sciences Shaheed Zulfiqar Ali Bhutto Institute of Sciences & Technology City Institute of Image Management Rotary Club of Karachi Charitable Trust Athletics Federation of Pakistan Corps Horticulture Committee Sampurna Federal Government School Constellation Plus (Private) Limited The Kaghan Memorial Trust 13.200 1.450 358 530 400 500 17.standardchartered.035 22.215 900.777 25.pk 57 .734 200 765 285 699 15.876 909.424.015 3.806. allowances etc.648 29.222 118.211 170.500 600 500 500 400 200 200 100 15. 100.177 216.310 12. electricity etc.918. (Income) / charge for defined benefit plans Contributions to defined contribution plans Rent.350 1.301 144.845 199.500 529 500 500 250 250 219 200 200 134 100 100 26.778 609.683 www.593 12.711 (Rupees in ‘000) Salaries.368 239.771 90.894 463.2 Auditors' remuneration Audit fee Fee for audit of pension.244.683 704. conveyance and vehicles' running Reimbursement of executive and general administrative expenses Others 26.250 1.449 29.062 28. taxes.620) 131.500 1.000 are given below: Donee Institute of Business Administration (IBA) The Citizen Foundation Care Foundation Rizwan Scholars Behbud Association Pakistan Institute of Corporate Governance Jinnah Society NAPA Repertory Theatre Company The English Speaking Union of Pakistan Aga Khan Foundation Network of organizations working for people with disabilities Pakistan The Kidney Center K.238 645.419.975 15.352 2008 3.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 26 ADMINISTRATIVE EXPENSES Note 2009 3.137 3.com.1 26.350 869.238 15.092 855.288 3. Legal and professional charges Communications Repairs and maintenance Rentals against hire / operating lease arrangements Stationery and printing Advertisement and publicity Donations Auditors' remuneration Depreciation Amortization Travelling.1 26.341 17.291 503.774 1.016 626.000 3.101 695.888 95.555 (2. insurance.046 508. gratuity and provident funds Special certifications and others Taxation services Out-of-pocket expenses 13.477.272 185.

The management has already filed an appeal against the disallowances.725 55.013 (2. the Sri Lanka branch operations of SCBPL were amalgamated with SCBSL with effect from close of business on 10 October 2008.1 Relationship between tax expense and accounting profit Profit before taxation Tax at the applicable tax rate of 35% (2008: 35%) Dividend income at reduced rate Expenses that are not deductible in determining taxable income Prior year provision Others 1.Current .948) (18. which identified additional losses (net of recoveries and other items recorded subsequent to 10 October 2008) of Rs.848 28.198 (1.829 74. The department has amended the return filed for tax year 2009 under section 122 (5A) of the Income Tax Ordinance. 893 million.488) 174.233 million.976 129. In case any recoveries are made or costs are incurred in respect of assets held in trust.914 418.573) (2.323 174.Deferred 2009 2008 28 (Rupees in ‘000) 1.573) (3.787 366.047.202 Consequent to Sale and Purchase Agreement (SPA) signed between Standard Chartered Bank.763 131. 58 SCBP Annual Report 2009 .Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 27 OTHER CHARGES Note 2009 2008 (Rupees in ‘000) Loss on sale of Srilanka branch operations (Reversal) / charge against fine and penalties imposed by SBP Worker's Welfare Fund (WWF) 27.2 Standard Chartered Bank (Pakistan) Limited The return for the income year 2009 (tax year 2010) is due for filing by September 30. Sri Lanka (SCBSL) and Standard Chartered Bank (Pakistan) Limited (SCBPL). The management is in the process of filing an appeal against the disallowances. 2010. A closing audit of the branch was carried out at 10 October 2008.385. 2001 on 30 January 2009 raising an additional demand of Rs. According to the terms of SPA. Previously. 2001 on 31 December 2009 raising an additional demand of Rs.152 596.421 For prior years' .202 25. ‘staff of SCBPL who are not retained by the purchaser’.914 1. and considers that the additional liability is the result of timing differences and no additional provision is required.1 27.279 443.848 28.573) 415.000 156. TAXATION For the year .762 99.152 596.667 (1.808. The Bank is in the process of filing an appeal against the additional demand.421 418.317) 415.1.823) 104.1 77. these would be passed on to SCBPL.Current . 2. 77. 'their corresponding housing loans’ and ‘assets arising from litigation which cannot be assigned’ are held in trust with SCBSL. ‘unproductive debts’.905) 422.150 million.266.610 (52.610 million. raising a demand of Rs. The department has further amended the return filed for tax year 2008 under section 122 (5A) of the Income Tax Ordinance. Management also considers that the additional liability is the result of timing differences and no additional provision is required. the department has amended the return filed for the same year under section 122 (5A) of the Income Tax Ordinance.Deferred (2. 2001 on 31 December 2009.

174 million in FY 2009. and considers that the additional liability is the result of timing differences and no additional provision is required. 2001 on 28 September 2009 raising a demand of Rs. Management expects favorable decision on pending appeals.16 2008 (Rupees in ‘000) Cash and balances with treasury banks Balances with other banks 21.546 3. Bank’s / departmental appeals for the assessment / tax years 1976-77 to 2006 are pending before different appellate levels.002.4 Union Bank Limited Union Bank's tax assessments for the assessment years 1993-94 through tax year 2007 are under various stages of appeal against certain disallowances. The management has filed an appeal against the disallowances.17 0. 2001 on 29 October 2009 raising a demand of Rs.3 Standard Chartered Bank – Branch Operations The income tax assessments of SCB Pakistan branches have been finalized up to and including tax year 2006.871.582 24. 28.871.617 www.261.standardchartered. The department has amended the return filed for the year 2003 (Tax year 2004) under section 122 (5A) of the Income Tax Ordinance. which has been reversed by a favorable decision by the Commissioner of Income Tax (Appeals).BASIC AND DILUTED 2009 669.759. The tax department is in appeal before the Tribunal.021 2008 (Rupees in ‘000) Profit for the year Weighted average number of ordinary shares in issue during the year 629. The management has booked a prior year provision of Rs. 29 EARNINGS PER SHARE .pk 59 .741. 2001 on 29 October 2009 raising a demand of Rs.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 28.com.035 1. 1. 570 million. In case of the assessments for 2005 and 2006. The management has filed an appeal against the disallowances. Accordingly.585.basic and diluted 30 CASH AND CASH EQUIVALENTS 2009 0.021 (Rupees) Earnings per share .521. The department has amended the return filed for the year 2006 (tax year 2007) under section 122 (5A) of the Income Tax Ordinance.365 3. The department has also amended the return filed for the year 2006 (tax year 2007) under section 122 (5A) of the Income Tax Ordinance. The management has filed an appeal against the disallowances.7332 22. the management believes that no further provision is required. 771million.550 2.585.182 23. 762 million. an additional demand of Rs.238.347 million has been raised. and considers that the remaining demand was arbitrary and / or as a result of timing differences.

The employees of SCB are entitled to either pension or gratuity. The entire liability is in respect of existing pensioners. Management Staff Pension Fund The plan is closed to active employees.042 2008 3.5% p.266 16 3. Non Management Staff Gratuity Fund The plan provides a lump sum gratuity calculated at one month's salary for each completed year of service (maximum 39 months) after completing 5 years of service.957 3 2.a. LIC (1975-79) ultimate mortality table rated down one year Light 2008 14% p. 14% p. LIC (1975-79) ultimate mortality table Light 60 SCBP Annual Report 2009 .5% p.2 Principal Actuarial Assumptions The last actuarial valuation of the scheme was carried out on 31 December 2009 and the key assumptions used for actuarial valuation were as follows: 2009 Discount rate Expected rate of increase in salary in future years Expected rate of return on plan assets Expected long term rate of increase in pension Mortality rate Withdrawal rate 12.a.5% p. However. 32.311 32 32. 11% p. if the employee is not entitled for pension. 8% p. 12. the employees of ANZ Grindlays Bank transferred to the bank are entitled to both pension and gratuity and the minimum number of years required for entitlement of pension is 25 years for these employees. the percentage is increased to 100%. 6. The employees of the bank are entitled to either pension or gratuity. For the employees of ex-ANZ Grindlays Bank.1 DEFINED BENEFIT PLANS General description Non Management Staff Pension Fund The plan provides a pension calculated at 50% of the average pensionable salary after completing 30 years of service. 12. Pension is calculated as 1/120 times the last drawn merged salary for each year of service.a. However.282 3.a.029 6. but not both. the plan provides a lump sum calculated at 50% of last drawn merged salary for each completed year of service (maximum 36 months) after completing 5 years of service.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 31 STAFF STRENGTH Permanent Temporary / on contractual basis / direct contracts Bank's own staff at the end of year Outsourced Total staff strength 2009 Number 2.082 5. but not both.5% p.a.a.a.960 2.a.

931) 643 22.654 (9.328) (573) 154.216 5.931 23.965 34.024) 106 799 2.194) (41.958 5.157) 7.942 47.187 14.740) 112.078) 30.364) 50.083 (123.942 4.326 1.171) 4.940 243.495 (11.495 (13.078 30.245 123.189) 50.3 Reconciliation of payable / (receivable) to / from defined benefit plan SCB Non Management Pension Fund 2009 2008 SCB Non Management Gratuity Fund 2009 2008 SCB Management Pension Fund 2009 2008 (Rupees in '000) Present value of defined benefit obligations Fair value of plan assets Asset recognised in Balance Sheet 32.183 13.634 - 86.939) (36.161) 148.922 (18.505) 39.544 72.161 (153.569) 547 18.153 - 40.569) 47.Expected return on plan assets .116 (5.078 1.729 (12.245 (47. www.311 (5.445 39.410) 112.989 2.404 2.040 32.965 5.554 28.674 (5.574 (34.106 (6.161) 529 148.078 (9.507 - 64.116) 30.861 85.667 44.699 56.965) (5.971) 136.095) (6.680 333.940 (154.888) (14.088 (4.216) (7.599 (3.296 (72.11 Components of plan assets as a percentage of total plan assets Bonds Cash and net current assets Others 76% 24% 0% 97% 3% 0% 109% 24% -33% 121% 19% -40% 92% 8% 0% 54% 47% -1% 0% 0% 0% *Union Bank Gratuity Fund has been merged with and into SCB Management Staff Gratuity Fund (Defined Contribution Plan) effective 1 January 2008.971) 3.078 29.599 (6.248) 6.078 (36.173) (6.162 (4.116 (3.674) (1.984 2.648) (3.326 (148.942) (6.280) (5.785 39.com.459 799 2.280 30.083) (9.965) 1.694 28.245 5.317) (1.7 Charge for defined benefit plan Current service cost Interest cost Expected return on plan assets Curtailments and settlements 219 6.116 (4.106 (5.816 4.574 20.597 4.068 (541) 22.398) (6.833 136.pk 61 .935 (14.194) 39.194) 30.674 1.694 643 (3.235) (710) 33.971) (30.680) (17.785 (28.296 219 6.726) 10.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 32.106 710 5.315) 33.157) (3.248) 72.694 9.4 Movement in defined benefit obligation Obligation as at 1 January Current service cost Interest cost Benefits paid Curtailments and settlements Actuarial (gain) / loss on obligation Obligation as at 31 December 32.648) (3.525) 463 (3.9 Cumulative amount of actuarial gains / (losses) recoginised in statement of recognised income and expense 32.280 64 (7.554 4.785 968 3.687 58.723 32.699 (72.922 (12.328) 20.157) 106 6.218 4.406 (17.599) (2.908) (22.398) (2.888 70.948 989 11.194 (33.156 13.116 (33.852) (36.659 35.083) 112.249) - 2.5 Movement in fair value of plan assets Fair value as at 1 January Expected return on plan assets Contribution by the bank Benefits paid Curtailments and settlements Actuarial gain / (loss) on plan assets Fair value as at 31 December 72.620) 21.187 14.852 50.296 22.613) (123.068 (2.6 Movement in (receivable) / payable from / to defined benefit Balance as at 1 January Charge for the year Contribution to the fund during the year Curtailments and settlements Actuarial (gain) / loss on plan assets Balance as at 31 December 32.216 153.157) 42.526) 32.Actuarial gain / (loss) on plan assets 9.441 6.620) 989 11.694) (22.398) 35.326 58.667 (46.124 190 5.613) (153.8 Actual return on plan assets .654 (6.368 (22.282 4.106) 4.106 (6.740) (89.729) (2.171) 710 46.726) 190 5.024 1.standardchartered.162 8.526) Union Bank Gratuity Fund 2008* Total 2009 2008 32.024 1.777 (4.157) (7.861) (4.189) (14.404) 463 5.351 6.852 18.173) 968 3.404 2.487 42.526) (2.544 8.10 Expected contributions for next year 29.730 - 43.729 (573) 18.280) (11.311 (6.194 529 13.

46 8.43 10.07 11.621) (7.326 148.07 (2008: £17. alternatively. The options granted do not confer any right to participate in any share issue of any other company. plus interest.183 215. the Restricted Share Scheme is not applicable to the Group's executive directors. 2009 Weighted average remaining life Weighted average No.33/5.92 The weighted average price at the time the options were exercised during 2009 was £14. i) International Sharesave Scheme The International Sharesave Scheme was first launched in 1996 and made available to all employees of the Bank.831 484.42 The intrinsic value of vested International Sharesave cash-settled awards as at 31 December 2009 was 17.125 263.675) (10. as it has no performance conditions attached to it. ii) Restricted Share Scheme The Restricted Share Scheme is a discretionary share incentive scheme for high performing and high potential staff at any level of the organisation whom the Group wishes to motivate and retain.948 333.023) 3. employees may exercise the awards and receive any benefit in cash.740 112. repaid in cash. Standard Chartered Plc.62 7. Employees have the choice of opening a three-year or a five-year savings contract.16 9.188) (6.838 221.35 9.852 36.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 2009 2008 2007 2006 2005 --------.71).679 (7. 62 SCBP Annual Report 2009 . The market value of shares are denominated in pounds sterling at the time of grant.440) 7.566 (3.------------------------------------(Rupees in '000)------------------------------------------32.78 10.33 2.526 243.027) (22.601 thousand (2008: Rs 115 thousand).940 494.loss / (gain) Experience adjustments on plan assets . Fifty per cent of the award vests two years after the date of the grant and the remainder after three years.620) (26.680 17.92 11.094 14.5/£11.956 378. The price at which they may purchase shares is at a discount of up to 20 percent on the share price at the date of the inviation.31 112 2.12 Five year data on surplus/ (deficit) of the plans and experience adjustments Present value of defined benefit obligation Fair value of plan assets Surplus Experience adjustments on plan liabilities .44 11. The awards granted under this scheme are nil cost options with any benefit payable in cash.The options granted do not confer any right to participate in any share issue of any other company. Within a period of six months after the third or fifth anniversary.898 278. There are no performance conditions attached to options granted.46 9. Movements in the number of share options held by the Bank's employees are as follows: Weighted average exercise price £ per share Weighted average exercise price £ per share 136.574 2009 Number ('000) At 1 January Granted during the year Exercised during the year Lapsed during the year Adjusment due to right issue At 31 December 119 22 (23) (6) 112 2008 Number ('000) 78 30 (3) (1) 15 119 9. Except upon appointment when an executive director may be granted an award of restricted shares. the employee may elect to have the saving.940 154.loss / (gain) 33 SHARE BASED PAYMENTS The Bank participated in the following share compensation plans for the acquisition of shares in the ultimate holding company.93 9. of exercise price options Expected years Contractual years Weighted average exercise price No.92 119 3. of options 2008 Weighted average remaining life Expected years Contractual years Range of exercise price £6.

05 The intrinsic value of vested Restricted Share Scheme cash-settled awards as at 31 December 2009 was Rs 49. of exercise price options Expected years Contractual years Weighted average exercise price No. no new shares can be issued to satisfy awards.42 - 5 7 6. (2008: Nil). Movements in the number of share options held by the Bank's employees are as follows:Weighted average exercise price £ per share Weighted average exercise price £ per share 2009 Number ('000) At 1 January Granted during the year Exercised during the year Lapsed during the year Adjusment due to right issue At 31 December 5 5 2008 Number ('000) 4 1 5 - - 2009 Weighted average remaining life Weighted average No. and there is no individual annual limit. 2009 Weighted average remaining life Range of exercise price Weighted average No.002 thousand (2007 Rs: 15. www.04 - 85 7 5. of options Expected years Contractual years Range of exercise price N/A - 5 7 5.782 (2008: £16.486 thousand).42 There are no vested cash settled awards as at 31 December 2009.standardchartered. The plan is principally used for employees in the global markets area and is similar to the RSS outlined above for three important factors: executive directors are specifically prohibited from the plan. of options 2008 Weighted average remaining life Expected years Contractual years N/A - 99 7 5.02). iii) Supplementary Restricted Share Scheme The Group operates a Supplementary Restriced Share Scheme which can be used to defer part of an employee's annual bonus in shares.com.pk 63 .Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 Movements in the number of share options held by the Bank's employees are as follows:Weighted average exercise price £ per share Weighted average exercise price £ per share 2009 Number ('000) At 1 January Granted during the year Exercised during the year Lapsed during the year Adjusment due to right issue At 31 December 85 34 (13) (7) 99 2008 Number ('000) 70 31 (14) (13) 11 85 - The weighted average price at the time the options were exercised during 2008 was £10. of exercise price options Expected years Contractual years Weighted average exercise price 2008 Weighted average remaining life No.

64 SCBP Annual Report 2009 . 17.36 8.19 8.19 1 1 9.01 0 61 0 8.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 iv) Executive Share Option Scheme (closed) The Executive Share Option Scheme is an intrinsic part of the Group's executive directors' and senior managers' total remuneration. Executive share options are exercisable after the third. Movements in the number of share options held by the Bank's employees are as follows:2009 Number ('000) At 1 January Granted during the year Exercised during the year Lapsed during the year Adjusment due to right issue At 31 December 2009 Weighted average remaining life Weighted average No. An EPS performance criterion needs to be met before the options can be exercised.18 8.19 2009 Weighted average remaining life Weighted average No.85 million) and is included in managerial remuneration. v) Performance Share Plan The Performance Share Plan is designed as an intrinsic part of total remuneration for the Group's executive directors and for a small number of the Group's most senior executives. Certain performance criteria need to be met before the options can be exercised. The options granted do not confer any right to participate in any share issue of any other company. Movements in the number of share options held by the Bank's employees are as follows:Weighted average exercise price £ per share Weighted average exercise price £ per share 2009 Number ('000) 2008 Number ('000) At 1 January Granted during the year Exercised during the year Lapsed during the year At 31 December 1 1 8. Nil). of exercise price options Expected years Contractual years Weighted average exercise price 2008 Weighted average remaining life No. of options Expected years Contractual years Range of exercise price £8.169 thousand (2008: Rs. 171. but before the tenth anniversary of the date of grant with any benefit payable in cash. The exercise price is based on the the share price at the date of grant and options can normally only be exercised if a performance condition is satisfied.79 million (2008: Rs. of exercise price options Expected years Contractual years Weighted average exercise price No. 31. The option granted do not confer any right to participate in any share issue of any other company.2 The intrinsic value of vested Executive Share Option Scheme cash-settled awards as at 31 December 2009 was Rs 946 thousand (2008: Rs 115 thousand).19 1 5 5.19 - 1 5 4. vi) The total expense recognised in respect of above schemes amounted to Rs. of options 2008 Number ('000) 44 24 (15) 8 61 61 27 (3) 85 2008 Weighted average remaining life Expected years Contractual years Range of exercise price N/A - 85 - 8.41 The intrinsic value of vested Performance Share Plan cash-settled awards as at 31 December 2009 was Rs. The awards granted under this scheme are nil cost options.

Managerial remuneration includes charge against share compensation plan.631.3 35. In addition.846.007 217.378 1 3.986 6. the Chief Executive and some of the executives are also reimbursed for cost of medical expenses and other benefits like club subscription. The Chief Executive and some of the executives are also provided with Bank maintained cars.515 1.291 5. FAIR VALUE OF FINANCIAL INSTRUMENTS On-balance sheet financial instruments Except for investment in subsidiaries.763 2. unlisted companies.com. www.559 1.3 to these financial statements. education etc.721 128.267 626 Number of persons 34.271 25.standardchartered.250 3. The fair value of investment in quoted subsidiaries is disclosed in note 7.631 916 108.232 54. The Chief Executive is entitled to Bank provided free use of furnished accommodation. The fair value of fixed term advances of over one year.3 96.248 2.986 6.814 48.1 34.402.515 1.182 48.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 34 COMPENSATION OF CHIEF EXECUTIVE AND EXECUTIVES Note Chief Executive 2009 2008 Directors 2009 2008 Executives 2009 2008 ------------------------------------(Rupees in '000)-----------------------------------Director's remuneration / fees Managerial remuneration Contribution to defined contribution plan Rent and house maintenance Utilities Medical Others 34.225 3 3.421 655 977.2 The director's remuneration / fees represents remuneration paid to the Bank's 3 non-executive directors (2008: 4) for attending Board and Sub-Committee meetings.pk 65 .376 99. 34.250 4 1. staff loans.173 6.515 6.12.811 1 33. fixed term advances of over one year.547 1. fixed term deposits of over one year and investment in equity of unlisted companies cannot be calculated with sufficient reliability due to non-availability of relevant active market for similar assets and liabilities. the fair value of on balance sheet financial assets and liabilities are not significantly different from their book value as these assets and liabilities are either short term in nature or are frequently re-priced. staff loans and fixed term deposits of over one year.225 3.629 44.1 34.

497.684.312.186.480 16.40% 7.883.283.571.856) 59.046 508.318 21.587 2.500.296 4.905.677 6.461.274.e.860.895 407.994 10.447) 61.net of recoveries Provision / (reversal) for diminution in the value of investments . personal loans etc.970 1.308 1.670.099.991.414.266.366 674.092 4.082.net Profit before taxation Other segment items: Depreciation of tangible fixed assets Amortisation of intangible assets Segment assets (gross) Segment non performing loans Segment provision required Segment liabilities Segment return on net assets (ROA) (%) Segment cost of funds (%) 2008 Internal Income Net mark-up / return / interest income Non mark-up / non interest income Operating income Non mark-up / non interest expenses Operating profit before provisions and taxation Direct write-offs / provisions against non-performing loans and advances .420 56.960.51% (2.542 6.932 0.388.211.127 560. The business activities of the Bank are confined to three segments i.409.030.356 0.670.806 221.941.316) 8.714.587 9.926) 596.311.401.984 16.238.620 1.159 6.) and SME lending (including SME trade).Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 36 SEGMENT DETAILS WITH RESPECT TO BUSINESS ACTIVITIES Segment analysis with respect to business activity Global markets 2009 Internal Income Net mark-up / return / interest income Non mark-up / non interest income Operating income Non mark-up / non interest expenses Operating profit before provisions and taxation Direct write-offs / provisions against non-performing loans and advances .115.167.40% 4.220 26.424.133.531.710.005 73.101 695.96% 2.633.260 55.33% 8.981 2.003 13.970.160.699 49.038 0.net of recoveries Provision for diminution in the value of investments .731.656.386 139. FX options and interest rate swaps.278.857 73.477 2.940.789 2.279 645.539 2.358 3.295.762 48.087 86. unsecured lending (credit cards.628 27.866 3.690.46% 3.83% * ** * ** * Segment ROA = Net income / (Segment assets .262.688.460.102 103.096.70% 4.414.451 1.666.376 5.512.064 15.172 530.735.000.418.275 85.534.779 4.363 1.611.566 10.128.344.288.137 1.921.078 3.62% 16. Corporate and institutional banking Deposits.217 -0.980 704. Consumer Banking.665) 6.277.41% (6.042 -4.730 3.990 58.55% Corporate and Consumer institutional banking banking (Rupees in '000) (2.153 12.482.092.339 7.619 3.947 -2.422 5.122.963 5.699 7.355 2.752.146 4.012 12.114.646.066 (2.434 154.607 145.86% Total 16.421 13.773.748 13.638 265.287 10.912 6.783.028) 5.488.975.620.301 276.237 9. deposits.451 3.985.888 329.859.025.204 82.623 5.Segment provisions) ** Segment cost of funds have been computed based on the average balances.net Profit before taxation Other segment items: Depreciation of tangible fixed assets Amortisation of intangible assets Segment assets (gross) Segment non performing loans Segment provision required Segment liabilities Segment return on net assets (ROA) (%) Segment cost of funds (%) (2.002.398.241 23.939.803 10. auto finance.485.451 3. 66 SCBP Annual Report 2009 .554 53. The products and services offered by these segments are as follows: Global Markets Overall management of the treasury of the Bank and offering various cash and interest risk management products to the customers.021 128.849.070 3. trade and other lending activities for corporates and financial institutions.661.300 4.269 8. The products include FX forwards.389 12.791 229.308 4.209 114.485.029.645 (744.477 6.085 (2.018 9.41% 3.508. mortgages.34% 4.523.409 2.832 1. Global Markets and Corporate & Institutional Banking (Wholesale Banking).470 23.690 4.595) 5. Consumer Banking Wealth management.83% 4.08% 6.

126 87.974 1.239 129.202 28.433.526 2.740 111..163 314.815 44.470 21.728 132.773 794.015) 58.613 17. The transactions and balances with related parties are summarised as follows: 2009 OUTSTANDING BALANCES Group Nostro balances with other subsidiaries and branches of the holding company Overdrawn nostro balances with other subsidiaries and branches of the holding company Vostro balances with other subsidiaries and branches of the holding company Placements with group Deposits of group companies Due to holding company Due from associated undertakings Interest receivable from group companies Inter-company derivative assets Inter-company derivative liabilities Subsidiaries Deposits of subsidiaries Loans to subsidiaries Accrued interest receivable Other receivables Key management personnel Loans and advances to key management personnel Deposits of key management personnel Others Deposits by staff retirement benefit funds Deposits by customers with common directorship Loans to staff retirement benefit funds Receivable from defined benefit plans Receivable from / (payable to) defined contribution plans PROFIT AND LOSS Group Mark-up / interest expensed Mark-up / interest / income earned Fee and commission expense Fee and commission income Reimbursement of executive and general administrative expenses Payment to group company for direct sales services rendered Net loss / (gain) on inter-company derivatives Royalty expense Key management personnel Mark-up / interest / income earned Mark-up / interest expensed Sale of shares Sale of vehicles Salaries and benefits Post retirement benefits 2008 (Rupees in ‘000) 2.575 975. and employees' retirement benefit funds. ultimate parent company.575 43 3.316 42.399 50.160 1.884 6.183 575 2.604 217. The bank also provides advances to employees at reduced rates in accordance with their terms of employment.298.894 915.600 36.204 2.177 www.121.997 19.071 377 3.389 36.624 2.179.225 16.991.225 76. key management personnel.614.826 18. its other subsidiaries and branches.469 99.075 334.215 (947.847 16.755 1.467 222. The transactions with related parties are conducted at commercial terms.304) 5.760 72 3.047 180.372 13.com.056 10.standardchartered.682 1.477.237.pk 67 .256 24.725 2.871 - 130.198 36.647 2.559 17.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 37 RELATED PARTY TRANSACTIONS Related parties comprise of Standard Chartered Plc.526 (10.020 311.789 896.797 1.716 69.067.420 6.590 108.215 673.724 222.419.446 14.864.732 26.

698 6. SBP's minimum prescribed capital adequacy ratio is 10 percent.420 44. The Bank's ratio is compliant with this minimum benchmark.200 (35.067.095.368 6.074 57.600 65.469 26.126 21.620) 11.083) (6. 38.399 2.722 24.700 131.892 5.983 7.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 2009 Subsidiaries Mark-up / interest expensed Mark-up / interest / income earned Lease rentals paid Administrative expenses (including rent and other charges) Reimbursement of salaries Dividend income Others Contribution to defined contribution plans Charge for defined contribution plans Net (income) / charge for defined benefit plans Mark-up / interest expensed on deposits of staff retirement benefit funds Mark-up / interest expensed on deposits of customers with common directorship Remuneration / fee paid to non-executive directors 2008 (Rupees in ‘000) 4.271 676.473.797 69. The transition to the 'Advanced Approaches' of Basel II has been made discretionary for banks.027 76.994 3.488 1.765 7.371) 16.407 475.1 CAPITAL ASSESSMENT AND ADEQUACY Capital structure The Bank's lead regulator. Effective 31 December 2008. In implementing the current capital requirements.092 239.360 7.1 Net movements in loans and deposits are summarised as follows: Balance as at 31 December 2008 Net disbursement / deposits Net repayments / withdrawals Balance as at 31 December 2009 --------------------------------------(Rupees in '000)-------------------------------Loans and advances Key management personnel Subsidiaries Others 99. and is subject to prior written approval from SBP.270 1.079) (523.732 183.470.092 29.261 238.894) (3.776.714 (676. As at the year end.225 239.350 (2.226 315. SBP has advised all banks to calculate their capital requirements based on Basel II accord under the standardised approach. State Bank of Pakistan (SBP) sets and monitors capital requirements for the Bank as a whole.056 42. SBP requires the Bank to maintain a prescribed total capital to total risk-weighted assets ratio.486) (3.272 6.802 7.470 87.837 5.933 8.613 38.959 3.753 120.289) (76.075.529 3.716 1. 68 SCBP Annual Report 2009 .800) 130.183 - Deposits Group companies Subsidiaries Key management personnel Others 16.250 37.619.

667 (408.005 1.765 1.standardchartered. The Bank’s regulatory capital is analysed into three tiers: Tier I capital. 50 percent of the amount of investments in subsidiaries and associates not consolidated on the balance sheet is deducted from both tier I and tier II capital.545) 14. - Total of tier II and III capital is limited to tier I capital.778 (27.036.850 1.920.888 www.720 1.172) - 2008 38.850 1.715. The Bank currently does not have any tier III capital.535.402 3. based on the methodology provided by SBP which takes account of specific and general market risk capital charge for interest rate risk using the duration method. Revaluation reserves are eligible upto 45 percent for treatment as tier II capital.288.481.980) (370.252.pk 69 .040 1.535 704. Sub-ordinated debt is limited to 50 percent of tier I capital. There is also a restriction on the amount of impairment allowances that are not held against identified debts upto 1.298.188. minority interest. Tier III supplementary capital consists of short term sub-ordinated debt solely for the purpose of meeting a proportion of the capital requirements for market risk.upto maximum of 50 percent of 'Total eligible Tier 1 capital' General provisions or general reserves for loan losses . Information on the terms.745 (408. Banking operations are categorised in either the trading book or the banking book.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 The Bank calculates its capital requirement for market risk in its portfolio.026.upto maximum of 1.25 percent of 'Risk Weighted Assets' Revaluation reserves (upto 45 percent) Less: Other deductions (50 percent of investments in equity and other regulatory capital of majority owned securities or other financial subsidiaries not consolidated in the balance sheet) Total Tier II Capital------------> Total Regulatory Capital Base 38. Tier II capital includes sub-ordinated debt.036. revaluation reserves on assets and impairment allowances that are not held against identified debts.146. conditions and other features of the Bank's sub-ordinated debt currently in issue is given in note 16 to these financial statements.732) 17.078 20.732) 2.178 - (370.275 4.090 776.813.003. and unappropriated profit. which includes ordinary share capital.083.090 910. Goodwill and other intangibles are deducted from tier I capital.268. 2009 (Rupees in ‘000) Tier I Capital Fully paid-up capital Balance in share premium account General reserves as disclosed on the balance sheet Un-appropriated profit Less: Book value of goodwill and other intangibles Shortfall in provision required against classified assets Deficit on account of revaluation of investments held in AFS category Other deductions (50 percent of investments in equity and other regulatory capital of majority owned securities or other financial subsidiaries not consolidated in the balance sheet) Total Tier I Capital------------> Tier II Capital Sub-ordinated debt .353 17.545) 2. capital and other reserves (except exchange translation reserve).658.25 percent of total risk weighted assets.333. and risk-weighted assets are determined according to specified requirements that seek to reflect the varying levels of risk attached to assets and off-balance sheet exposures.060) (1.356 (27.com.715.

the Bank follows the instructions laid down by SBP vide their Circular No. The Bank calculates its capital requirement for market risk in its portfolio. The Bank is also in the process of developing and documenting its three year capital plan as part of its Internal Capital Adequacy Assessment Process (ICAAP) for Basel II. The bank adheres to the calculation of capital requirements for credit. The total capital charge is calculated as the three-year average of the simple summation of the regulatory capital charges across each of the business lines in each year. maximising shareholder value and at the same time maintaining investor. to meet regulatory capital requirements at all times and to maintain good credit ratings. Beta serves as a proxy for the industry-wide relationship between the operational risk loss experience for a given business line and the aggregate level of gross income for that business line. which will also be submitted to SBP. The following matters are taken into account while reviewing the Bank's capital position: a) b) c) d) e) f) regulatory capital requirements.3 to these financial statements. internal controls and governance for managing the Bank’s risk. The Bank uses reputable and SBP approved rating agencies (ECAIs) for deriving risk weights for specific credit exposures. increases in demand for capital due to business growth. For credit risk. The 'Standardised Approach' is preferred over the 'Basic Indicator Approach' so as to arrive at a capital charge that is reflective of the risks associated with each of the Bank's business lines. For the purposes of Credit Risk Mitigation under the 'Standardised Approach'.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 38. asset management and retail brokerage. The Bank's operations are mapped into these eight business lines as per the criteria laid down by SBP vide Circular No 08 dated 27 June 2006. and maximisation of shareholder value. payments and settlement. This process aims to ensure that a strong governance culture and framework is embedded in the capital planning and assessment methodology and is frequently revisited. market shocks or stresses. 70 SCBP Annual Report 2009 . the Bank uses the 'Standardized Approach'. The Bank's approach for mitigating operational risk is further detailed in note 39. commercial banking. retail banking. the business activities of the Bank are divided into eight business lines: corporate finance. Within each business line. and appropriate level of capital required. 08 dated 27 June 2006 with regard to eligibility of collaterals. forecast demand for capital to maintain the credit ratings.2 Capital Adequacy The Bank’s capital management approach is driven by its desire to maintain a strong capital base to support the development of its business. trading and sales. This is integrated with the Bank’s annual planning process that takes into consideration business growth assumptions across products and business segments and the related impact on capital resources. for Basel II. valuation and management. For calculation of operational risk capital charge. creditor and market confidence.8 to these financial statements. These are consistently applied across the Bank's credit portfolio for both on and off balance sheet exposures. performance and capital. gross income is the broad indicator that serves as a proxy for the scale of business operations and thus the likely scale of operational risk exposure within each of these business lines. market and operational risk as per the guidelines of SBP. based on the methodology provided by SBP which takes account of specific and general market risk capital charge for interest rate risk using the duration method. The capital charge for each business line is calculated by multiplying gross income by beta factors assigned by SBP to that business line. The capital position is reviewed and monitored by the Asset and Liability Committee (ALCO) of the Bank. available supply of capital and capital raising options. The ECAIs used for rating various types of exposures are tabled in note 38. the relevant mitigants to be considered. Regular reviews help to ensure that adequate levels of capital and an optimum mix of the different components of capital are maintained by the Bank to support the strategy. The ICAAP lays down each material risk to be assessed. agency services. the Bank reduces its exposure under that particular transaction by taking into account the risk mitigating effect of the collateral for the calculation of capital requirement. Where a transaction is secured by an eligible collateral and meets the eligibility criteria and minimum requirements as laid down by SBP.

505 17.275.915 142.595.260 1.095 1.504.334.694.326.106 14.657.449.567 251.573) 199.770 (66.546.083.401 174.407 13.879.653 187.190.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 The capital requirements for the Bank as per the major risk categories are indicated below: Risk Weighted Assets Capital Requirements 31 December 31 December 31 December 31 December 2009 2008 2009 2008 Rupees in '000 Credit Risk Portfolios subject to Standardized Approach' .960 3.932.681 4.153 276.325.028.569 2.017.820 5.827 1.838 2.99% 34.965.044 (71.728 781.850 1.320 1.982 533.054.442.154 406.784.493 4.443.433 9.943.401 515.533 1.129.670.328.433 (Rupees in '000) Credit Exposures subject to Standardised approach 2009 Exposures Rating Category Amount outstanding* Deduction CRM Net amount Amount outstanding* 2008 Deduction CRM Net amount Corporate Banks Sovereigns etc All Other Exposures Total CRM= Credit Risk Mitigation 0% 20% 50% 100% 150% 0% 20% 50% 100% 150% 0% 20% 100% / 75% / 50% 12.876 976.689 * Amount outstanding represents Original Exposure in the case of On-balance sheet items and the Credit Equivalent Exposure in the case of Off-balance sheet items www.867 80.069.265 130.653 27.738.827 315.459.183 142.949 71.784.087.313.611 1.172 1.434 11.987 13.154 36.528 6.897 22.061 3.050 19.088 108.434 2008 17.469 329.424.097.298.pk 71 .702.489 2.638.337 192.637.263 410.804.707.283.004.802.965.154 9.Simple Government of Pakistan and State Bank of Pakistan Public Sector Entities Banks Corporate Portfolio Retail Portfolio Residential Mortgage Finance Past Due Portfolio All other Risk Weighted Assets Market Risk Capital Requirement for portfolios subject to 'Standardized Approach' Interest Rate Risk Foreign Exchange Risk Operational Risk Capital Requirement for operational risk .257 188.627 10.027.069 1.271 692.805.888 171.546.722.647.608 148.129.284 69.722.730 51.978 143.282 1.297.146 366.066 3.693 3.846.682 5.595.581.192 709 3.424.781 173.146.441.308 9.583 7.927 1.755.287 4.845.468 781.469 360.719 366.859.507 209.346 18.038.745 174.897 1.810 1.718 132.704 3.478 1.882.613.57% 3.229.366 15.665 47.022) 213.992 406.770.1) Total Risk Weighted Assets Capital Adequacy Ratio (a) (b) (a) / (b) 4.095 1.992 142.137.643 2009 20.621 171.640 17.110 2.712.696.standardchartered.779 184.454.com.135 6.811 1.581.588 2.886 20.269.514 18.441.462.481.'Standardised Approach' TOTAL Capital Adequacy Ratio Total eligible regulatory capital held (Note 38.748 2.780 3.636.606 2.440.418.176 112.098.229 2.770 133.701.295 4.116.172.730 43.453 8.330 40.188.

09 of 2007 dated 24 August 2007 and vide BSD Letter No. BSD/BAI-2/201/1141/2009 dated 2 December 2009 with regard to credit ratings to be used.VIS PACRA STANDARD AND POORS MOODY'S FITCH The Bank adheres to the mapping instructions issued by SBP on the Revised Regulatory Capital Framework under Basel II. issued vide BSD Circular No. These are as follows: LONG-TERM RATING GRADES MAPPING Risk Weightage 20% Standard & Poors Ratings Services AAA AA+ AA AAA+ A ABBB+ BBB BBBBB+ BB BBB+ B BCCC+ CCC CCCCC C D Moody’s Investors Service Aaa Aa1 Aa2 Aa3 A1 A2 A3 Baa1 Baa2 Baa3 Ba1 Ba2 Ba3 B1 B2 B3 Caa1 Caa2 Caa3 Ca C Fitch Ratings PACRA JCR VIS 50% 100% 100% 150% 150% AAA AA+ AA AAA+ A ABBB+ BBB BBBBB+ BB BBB+ B BCCC+ CCC CCCCC C D AAA AA+ AA AAA+ A ABBB+ BBB BBBBB+ BB BBB+ B BCCC+ CCC CCCCC C D AAA AA+ AA AAA+ A ABBB+ BB BBBBB+ BB BBB+ B BCCC+ CCC CCCCC C D SHORT-TERM RATING GRADES MAPPING Risk Weightage 20% 50% 100% 150% Standard & Poors Ratings Services A-1+ A-1 A-2 A-3 B B-1 B-2 B-3 C Moody’s Investors Service P-1 P-2 P-3 NP Fitch Ratings PACRA JCR VIS F1+ F1 F2 F3 B C D A-1 A-2 A-3 Others A-1 A-2 A-3 Others 72 SCBP Annual Report 2009 .Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 38.3 Types of Exposures and ECAI's used Corporate 4 4 4 4 4 Banks 4 4 4 4 4 Sovereigns 4 4 4 4 4 JCR . vide BSD Circular Letter No. 8 of 2006 dated 27 June 2006.

All risk taking must be transparent. www. market risk. Anticipation The Bank looks to anticipate future risks and to maximise awareness of all risk. arising from interest and exchange rate movements. The Bank takes account of its social. is responsible for credit risk. Acting within an authority delegated by the Board. credit MIS and controls. the Bank seeks to manage efficiently the core risks: credit. processes. through authority delegated by the Board. operational risk and reputational risks are normal consequences of any business undertaking. Ultimate responsibility for the effective management of risk rests with the Company’s Board of Directors. security documentation. Senior Credit Officer responsible for credit risk in Wholesale Bank. legal risk and reputational risk. with strength in depth. country. it is everyone’s responsibility to ensure that risk taking is both disciplined and focused. Head of Market Risk responsible for liquidity risk and risks associated with price movements. reviewing and managing risk. The day to day responsibility for managing risk rests with CRO who oversees and manages the risk through a team of managers. and controls and have provided the Risk team adequate support by way of risk systems and tools for measuring and reporting risk for monitoring. is responsible for liquidity risk. ALCO. These arise directly through the Bank’s commercial activities whilst compliance and regulatory risk. The Bank has established policies. Head of Consumer Credit responsible for credit risk in Consumer Bank (including SME). through authority delegated by the Board. procedures.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 39 RISK MANAGEMENT Through its risk management structure. for structural interest rate and foreign exchange exposures. operational risk.com. RC headed by Chief Risk Officer (CRO).pk 73 . Accountability Risk is taken only within agreed authorities and where there is appropriate infrastructure and resource. compliance and regulatory risk. Head of Special Assets Management responsible for remedial risk management. controlled and reported. market. environmental and ethical responsibilities in taking risk to produce a return. Risk should be taken in support of the Bank's strategy and within its risk appetite. controlling. Responsibility Given the Bank is in the business of taking risk. experience across risk types and economic scenarios. and for capital ratios. Head of Credit Risk Controls responsible for collateral management.standardchartered. The basic principles of risk management followed by the bank include: Balancing risk and reward Risk is taken in support of the requirements of the Bank’s stakeholders. Risk management The Bank aims to implement best practices and have a specialist risk function of international standards. and liquidity risk. the Executive Committee reviews specific risk areas and monitors the activities of the Risk Committee (“RC”) and the Asset and Liability Committee (“ALCO”).

a numerical risk grading system is used for quantifying the risk associated with a counter-party. 39. Client relationship origination and credit approval roles are clearly segregated throughout Wholesale and Consumer Banks. which are processed in central units for different products and market segments.1 Wholesale Banking Within the Wholesale Banking business. securities and derivative exposures. Expected Loss is used for further assessment of individual exposures and portfolio analysis. and supported by the Executive Committee. trade finance. credit grade determination and financial spreading / ratio analysis. Credit risk appetite is established through business strategy papers and underwriting standards by the business managers. which are approved by the Board once recommended. As with Wholesale Banking. Specific procedures for managing credit risk within Wholesale and Consumer (including SME) are determined at the Senior Credit Officer and Head of Consumer Credit levels for their respective jurisdictions with specific policies and procedures being adapted to different risk environments and business goals. 39. The CRO is also delegated down by the CEO responsibility to delegate credit authorities to independent Risk Officers. There is a clear segregation of duties with loan applications being prepared separately from the approval chain. Portfolio review. Early Alerts and Stress Testing based on scenario analysis is a combined responsibility of Client Relationship and Risk function.1. Credit exposures include both individual borrowers and groups of connected counterparties and portfolios in the banking and trading books. The CEO and the Executive Committee in turn rely on CRO and the Risk Committee to determine these and recommend for their support and Board's approval.2 Consumer Banking For Consumer Banking. The Board of Directors has delegated down the authority to CEO and the Bank’s Executive Committee to establish risk appetite and make recommendations to the Board for approval of risk appetite and policies for managing credit risk. Credit exposures may arise from lending. origination and approval roles are segregated. 74 SCBP Annual Report 2009 .Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 39.1 Credit risk Credit risk is the risk that a counter party will not settle its obligations in accordance with agreed terms. Credit analysis includes review of facility details. program based standard credit application forms are generally used. Medium enterprises relationship based business of Consumer Bank operates much like Wholesale banking with numerical risk grading system for quantifying counter party risk.1. with customers analysed against a range of quantitative and qualitative measures. The grading is based on a probability of default measure.

271 2.731.447 595.04 20.com.209.112 796.76 18.934.07 7.78 2.963.957.24 100.497 3.067 6.097.98 0.45 0.276 4.850 6.690.3 Segment by class of business Advances .33 0.44 3.767.304 22.42 0.616 6.05 0.26 0.05 3.standardchartered.00 3.260 11.02 1.635 12.837 571.832 980.89 1.12 6.697 26.43 0.551.252.619.214.20 0.230 1.243 8.04 4.86 2.488 2.409.043 2.723 217.56 1.014.00 9.00 www.830 206.294.Gross (Rupees in '000) Chemical and pharmaceuticals Agri business Textile Communication Insurance Telecommunications and information technology Cement Sugar Automobile and transportation equipment Financial Electronics and electrical appliances Production and transmission of energy Shoes and leather garments Individuals Others 7.42 27.950 2008 Advances .608.26 14.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 39.48 0.637.40 2.716.481 481.66 21.974.738 17.957 3.976.67 0.61 19.36 1.85 23.654 1.76 1.889.433 67.95 0.Gross (Rupees in '000) Percent Deposits (Rupees in '000) 3.01 0.02 57.603.744 451.806.878 19.39 0.24 0.868.11 0.591.005.261 22.750 174.649 2.917 2.249.602 22.818.45 3.41 4.197 29.16 2.403.230.14 4.314.743 2.127 20.931 100.500 3.20 1.588 1.972 6.972 500 33.457.892 5.038 41.551.594.53 1.705 4.00 Chemical and pharmaceuticals Agri business Textile Communication Insurance Telecommunications and information technology Cement Sugar Automobile and transportation equipment Financial Electronics and electrical appliances Production and transmission of energy Shoes and leather garments Individuals Others 3.21 100.1.524.73 100.955 5.879 120.820.577 33.997 1.654 3.609 38.986.454 11.815.745.961 3.378 45.324 33.270.500 2.892 2.715 2.32 22.64 0.483 Percent Percent Contingencies and Commitments (Rupees in '000) 4.33 2.912.227 1.865 12.00 1.591.03 0.289 3.896 118.56 20.063.66 16.30 0.529 51.212 188.950.920 5.140 22.01 45.203 70.56 1.403 5.60 100.509 74.32 0.654.770.159.03 7.pk 75 .79 2.84 13.962 233.77 16.348 909.93 0.04 0.867.693 14.980 49.695 1.02 49.10 7.29 4.527.01 1.603.892.79 0.625.060 4.885 Percent 5.304 1.013 10.46 0.740.16 4.704 141.693 5.09 0.945.976 29.541 2.724.031.801 Percent Contingencies and Commitments (Rupees in '000) 4.770.671.335.385 1.248 7.32 0.47 5.72 100.03 2.01 57.438.362 Percent 2009 Deposits (Rupees in '000) 6.432 103.031 4.34 3.874 856.76 0.424 46.27 7.690.28 0.44 0.11 3.902 9.183 137.345.747.95 100.00 7.59 1.140.05 4.00 1.

178 42.885 Pakistan Sri Lanka 2008 Profit Total Net Assets Contingencies before assets employed and taxation employed Commitments ----------------------------.539 1.741.142 398.633 495.259 16.483 76 SCBP Annual Report 2009 .655.169 10.338.1.459 829.35% 82.424 6.885 7.485.1.01% 84.362 17.480 15.485.909 6.319.513 124.856 67.140 49.399.442.617.092.874.266.008.957.06% 100% Contingencies and Commitments Rupees % in '000 5.462 4.440 5.099 40 126.(Rupees in '000) ------------------------Pakistan Sri Lanka 1.480 21.744 2.394.447 1.370.845 49.525 2.534.388.243 206.440 4.5 Segment by sector 2009 Advances Rupees % in '000 Public / Government Private 24.157 40 491.745.430.243.212 47.279 1.(Rupees in '000) ------------------------Classified Advances 2009 Public / Government Private 21.223 9.463 965.758 137.483 15.800 7.950 2008 Advances Rupees in '000 Public / Government Private 13.617.810.801 Deposits % Contingencies and Commitments Rupees % in '000 7.552.230.730 166.389 16.047.024.843 141.731.252.980 (45.44% 95.252.389 10.438.874.633 15.140 49.266.1.65% 100% Deposits Rupees % in '000 4.251 41 285.483 1.534.322 67.984.707 202.193) 1.388.413.735 2.633 16.1.094 15.(Rupees in '000) ------------------------Classified Advances 2009 Chemical and pharmaceuticals Agri business Textile Footwear and Leather garments Automobile and transportation equipment Financial Production and transmission of energy Individuals Others 186.757.004 1.178 42.99% 100% 1.071 174.131 12.389 10.069 614.885 67.431 3.(Rupees in '000) -----------------------------264.94% 98.389 39.592 1.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 39.534.563 62.638 41.933.749 21.252.856 47.745.709.57% 100% 9.319.6 Details of non-performing advances and specific provisions by sector 2008 Specific Classified Specific Advances Provision Provision held held -----------------------.319.787 264.279 312.438.43% 92.480 164.4 Details of non-performing advances and specific provisions by class of business segment 2008 Specific Classified Specific Advances Provision Provision held held -----------------------.389 165.36% 100% 4.485.092.271 % Rupees in '000 7.716.438.212 312.389 39.56% 100% 39.64% 90.519 116.357 8.498.388.549 20.757.800 6.7 GEOGRAPHICAL SEGMENT ANALYSIS 2009 Profit Total Net Assets Contingencies before assets employed and taxation employed Commitments -----------------------.614 41 550.273.551.857.652 276.368.

Standard Chartered Bank (Pakistan) Limited

Notes to the Un-Consolidated Financial Statements
For the year ended 31 December 2009

39.2

Market Risk The Bank recognises market risk as the exposures created by potential changes in market prices and rates. Market risk exposures arise primarily from interest rate and foreign exchange related contracts. The Bank has no significant exposure to equity and commodity price risk. Market risk is managed by the Head of Market Risk reporting directly to the CRO, who agrees policies and procedures and levels of risk appetite in terms of Value at Risk ("VaR"). Limits are then proposed by the business within the terms of agreed policy. These are agreed and delegated dow n by CRO under delegated authority from the CEO, and are monitored by the Head of Market Risk as part of an independent risk management function. Policies cover both trading and nontrading books. In addition to market risk policies, as well as VaR and other market risk limits, independent stress testing of portfolios, factor sensitivity measures and derivatives are also employed as additional risk management tools to manage and hedge market risk exposures. Risk models are periodically back tested against actual results to ensure that pre-determined levels of accuracy are maintained.

39.3

Foreign Exchange Risk Assets Liabilities 2009 Off-balance sheet items Net foreign currency exposure 50,231,207 (39,080,631) (398,744) (2,135,383) (23,354) (815,506) 7,777,589 Net foreign currency exposure

(Rupees in '000) Pakistan rupee United States dollar Great Britain pound Euro Swiss Franc Others 226,103,909 35,193,830 4,130,602 4,944,431 18,163 37,430 270,428,365 Assets 197,165,664 55,701,425 4,116,567 5,599,065 17,134 50,921 262,650,776 Liabilities 21,292,962 (18,573,036) (412,779) (1,480,749) (24,383) (802,015) 2008 Off-balance sheet items

(Rupees in '000) Pakistan rupee United States dollar Great Britain pound Euro Swiss Franc Others 182,150,332 36,376,832 3,315,142 5,863,059 16,596 248,211 227,970,172 177,897,246 33,155,931 3,285,889 5,576,711 16,596 71,400 220,003,773 44,802,440 (38,834,967) (587,796) (4,498,219) (45,926) (835,532) 49,055,526 (35,614,066) (558,543) (4,211,871) (45,926) (658,721) 7,966,399

39.3.1 Currency risk is the risk that the value of a financial instrument will fluctuate due to changes in foreign exchange rates. 39.3.2 The management sets limits on the level of exposure by currency in total, for both overnight and intra day positions which are monitored daily.

www.standardchartered.com.pk

77

Standard Chartered Bank (Pakistan) Limited

Notes to the Un-Consolidated Financial Statements
For the year ended 31 December 2009

39.4

MISMATCH OF INTEREST RATE SENSITIVE ASSETS AND LIABILITIES 2009 Effective yield / interest rate Total Upto one month Over one month to three months Non interest bearing financial instruments ------------------------------------------------------------------(Rupees in '000)---------------------------------------------------------------------Exposed to yield / interest rate risk Over three Over six Over one Over two Over three Over five months months year years years years to six to one to two to three to five to ten years months year years years years Over ten years

On-balance sheet financial instruments Assets Cash and balances with treasury banks Balances with other banks Lendings to financial institutions Investments Advances Other assets Liabilities Bills payable Borrowings Deposits and other accounts Sub-ordinated loans Other liabilities On-balance sheet gap Off-balance sheet financial instruments Forward Lending Interest Rate Swap Foreign Currency option Forward Foreign Exchange Contracts

0.26% 0.00% 3.10% 12.18% 14.27% -

21,521,550 5,576,905 2,238,182 20,568,064 18,754,658 83,784,536 23,267,063 124,446,724 64,348,412 17,869,309 270,428,365 111,947,038 4,844,638 15,747,326 6,550,197 206,957,950 103,556,740 1,523,000 149,600 33,577,862 262,650,776 110,256,537 7,777,589 1,690,501

1,813,406 28,145,975 29,865,600 59,824,981 6,047,330 15,814,358 21,861,688 37,963,293

11,863,665 18,182,466 30,046,131 2,556,160 5,468,358 8,024,518 22,021,613

10,033,681 2,931,755 12,965,436 48,334 10,616,674 237,500 10,902,508 2,062,928

3,819,146 1,887,098 5,706,244 338,031 1,536,836 436,700 2,311,567 3,394,677

1,598,584 727,285 2,325,869 151,443 704,051 449,200 1,304,694 1,021,175

1,958,697 403,678 2,362,375 7,564 4,332 250,000 261,896 2,100,479

2,270,927 612,937 2,883,864 6,666 6,666 2,877,198

15,944,645 2,238,182 826,798 882,651 4,604,842 17,869,309 882,651 41,483,776 4,844,638 41,601 69,256,601 33,577,862 - 107,720,702 882,651 (66,236,926)

0.00% 8.15% 6.99% 13.91% -

53,072,716 3,931,538 45,615,199 102,619,453

845,822 1,468,199 19,904,369 22,218,390

2,269,559 22,698,132 24,967,691

193,780 3,012,698 3,206,478

5,442,475 5,442,475

3,103,323 3,103,323

2,136,440 2,136,440

26,012,256 26,012,256

15,532,400 15,532,400

-

-

Forward Borrowing Interest Rate Swap Foreign Currency option Forward Foreign Exchange Contracts Off-balance sheet gap Total yield / interest risk sensitivity gap Cumulative yield / interest risk sensitivity gap

92,422,042 3,931,538 25,547,285 121,900,865 (19,281,412) (11,503,823)

540,000 1,468,199 14,715,277 16,723,476 5,494,914 7,185,415

158,634 2,269,559 8,253,691 10,681,884 14,285,807 52,249,100 59,434,515

600,000 193,780 2,578,317 3,372,097 (165,619) 21,855,994 81,290,509

3,193,574 3,193,574 2,248,901 4,311,829 85,602,338

1,719,244 1,719,244 1,384,079 4,778,756 90,381,094

27,128,177 27,128,177 (24,991,737) (23,970,562) 66,410,532

48,552,213 48,552,213 (22,539,957) (20,439,478) 45,971,054

10,530,200 10,530,200 5,002,200 7,879,398 53,850,452

882,651 54,733,103

(66,236,926)

2008 Effective yield / interest rate Total Upto one month Over one Over three month to months three months to six months Non interest bearing financial instruments ------------------------------------------------------------------------------(Rupees in '000)--------------------------------------------------------------------------------Exposed to yield / interest rate risk Over six Over one Over two months year years to one to two years to three year years Over three years to five years Over five years to ten years Over ten years

On-balance sheet financial instruments Assets Cash and balances with treasury banks Balances with other banks Lendings to financial institutions Investments Advances Other assets Liabilities Bills payable Borrowings Deposits and other accounts Sub-ordinated loans Other liabilities On-balance sheet gap Off-balance sheet financial instruments Forward Lending Interest Rate Swap Foreign Currency option Forward Foreign Exchange Contracts

0.26% 8.58% 9.97% 15.51% -

22,741,035 4,886,527 1,261,582 31,466,898 23,044,850 29,586,663 14,760,570 125,601,465 80,935,513 17,312,529 227,970,172 123,627,460 4,296,420 8,695,730 174,551,801 1,710,300 30,749,522 220,003,773 7,966,399 3,878,299 80,966,775 37,700 84,882,774 38,744,686

8,422,048 993,364 15,824,889 25,240,301 1,936,800 14,411,052 16,347,852 8,892,449

1,321,148 12,802,954 14,124,102 9,009,845 9,009,845 5,114,257

2,632,910 4,706,617 7,339,527 2,840,640 6,446,322 149,600 9,436,562 (2,097,035)

395,001 2,847,022 3,242,023 673,979 387,100 1,061,079 2,180,944

3,573,873 1,880,395 5,454,268 1,679,891 436,700 2,116,591 3,337,677

2,714,712 914,736 3,629,448 909 699,200 700,109 2,929,339

2,291,000 501,674 2,792,674 2,792,674

17,854,508 1,261,582 904,085 768,082 4,419,583 17,312,529 768,082 41,752,287 4,296,420 39,991 61,363,028 30,749,522 96,448,961 768,082 (54,696,674)

10.82% 7.32% 17.01%

128,126,164 8,107,610 42,693,438 178,927,212

1,273,939 31,839,866 33,113,805

79,098,500 2,528,807 7,095,825 88,723,132

691,577 4,304,864 3,672,497 8,668,938

5,005,913 85,250 5,091,163

5,627,513 5,627,513

5,628,456 5,628,456

26,773,405 26,773,405

5,300,800 5,300,800

-

-

Forward Borrowing Interest Rate Swap Foreign Currency option Forward Foreign Exchange Contracts Off-balance sheet gap Total yield / interest risk sensitivity gap Cumulative yield / interest risk sensitivity gap

163,886,172 8,107,610 24,503,386 196,497,168 (17,569,956) (9,603,557)

800,000 1,273,939 13,386,480 15,460,419 17,653,386 56,398,072

79,498,500 2,528,807 8,245,028 90,272,335 (1,549,203) 7,343,246 63,741,317

783,154 4,304,864 2,871,878 7,959,896 709,042 5,823,299 69,564,616

5,395,574 5,395,574 (304,411) (2,401,446) 67,163,170

6,526,112 6,526,112 (898,599) 1,282,345 68,445,515

3,155,701 3,155,701 2,472,755 5,810,432 74,255,947

58,362,388 58,362,388 (31,588,983) (28,659,644) 45,596,303

9,364,743 9,364,743 (4,063,943) (1,271,269) 44,325,035

768,082 45,093,117

(54,696,674)

78

SCBP Annual Report 2009

Standard Chartered Bank (Pakistan) Limited

Notes to the Un-Consolidated Financial Statements
For the year ended 31 December 2009

39.5

Yield / Interest Rate Risk Yield risk is the risk of decline in earnings due to adverse movement of the yield curve. Interest rate risk is the risk that the value of financial instruments will fluctuate due to changes in the market interest rates. The Bank is exposed to various risks associated with the effects of fluctuations in the prevailing levels of market interest rates on its financial position and cash flows. The bank manages this risk by matching the re-pricing of assets and liabilities and off-balance sheet instruments.

39.6

Liquidity risk The Bank defines liquidity risk as the risk that the Bank either does not have sufficient financial resources available to meet all its obligations and commitments as and when they fall due, or can access them only at an excessive cost. Liquidity risk is managed through the Asset and Liability Committee ("ALCO"). This committee, chaired by the CEO, is responsible for both statutory and prudential liquidity. Liquidity risk is monitored through the internal liquidity risk management policy. A range of tools are used for the management of liquidity. These comprise commitment and wholesale borrowing guidelines, key balance sheet ratios, medium term funding requirements and day to day monitoring of future cash flows. In addition, liquidity contingency funding plans are reviewed periodically to ensure that alternative funding strategies are in place and can be implemented on a timely basis to minimise the liquidity risk that may arise due to unforeseen adverse changes in the market place. A substantial portion of the Bank’s assets are funded by customer deposits made up of current and savings accounts and other deposits. These customer deposits, which are widely diversified by type and maturity, represent a stable source of funds. The Bank also maintains significant levels of marketable securities either for compliance with local statutory requirements or as prudential investments of surplus funds.

-

www.standardchartered.com.pk

79

571 2.500 Net assets Share capital Reserves Unappropriated profit Surplus on revaluation of assets .976 91.193 9.812.550 2.853.950 172.140 22.840.256 10.674.730 264.860.695.298.700 24.182.298 168.583 18.173) 1.748 6.922.442 5.082.038.857.780.422.146 9.446.845 934.355 8.800.891 299.328 12.369.364 9.569 417.708 12.076 84.844.415 149.811 255.500 Assets Cash and balances with treasury bank Balances with other banks Lendings to financial institutions Investments Advances Other assets Operating fixed assets Intangible assets Deferred tax assets 21.182 20.556.358 401.970 100.332 250.665 7.051 9.309 27.467 1.285 47.355.850 1.439 3.754.402 10.788 25.329.140 38.906 8.460.202 741.893.800.635.856 (55.359.849 1.582 23.095.617 124.598.003.877 1.382 2.404 185.252.979 524.640 6.070.801.856 Total 2008 Over one Over three Over six Over one Over two Over three Over five Over ten month to months to months to year to years to years to years to years three months six months one year two years three years five years ten years -----------------------------------------------------------------------(Rupees in '000)----------------------------------------------------------------------------Upto one month Assets Cash and balances with treasury bank Balances with other banks Lendings to financial institutions Investments Advances Other assets Operating fixed assets Intangible assets Deferred tax assets Liabilities Bills payable Borrowings Deposits and other accounts Sub-ordinated loans Other liabilities 22.730 16.426.910 3.629.298.584 9.026.604 5.055.671.095.571 336.074 3.326 6.129 28.803 37.167.867.414.115.020 10.663 125.867.471 496.080.470 3.238.928 6.658 23.296.500 1.712.735 336.568.663 2.708 1.192 3.406 28.301.745.638 15.356 3.844.499.072 158.009.693.net 38.778 (1.570.375.736 768.634 11.133.977.524.703.239.900.747.980) 42.814 1.309 3.666 343.468.800 14.145.970) 8.035 1.674 237.523.377.741.850 14.643 1.261.918 4.780.724 22.147 4.839 30.485 1.500 3.904 3.318 4.098 6.640 8.886.047.420 8.715.481.638 270.957.310 909 699.872 1.290 142.net 80 SCBP Annual Report 2009 .101 656.600 36.172.212 3.452 19.159.946.551.321.813.730 174.997 265.953 6.212 Liabilities Bills payable Borrowings Deposits and other accounts Sub-ordinated loans Other liabilities 4.610.941 95.552.330 15.714.813.693.071 12.494.876 11.873 6.300 32.670 5.898 41.173.974.200 101.375 47.977 14.189 2.404 7.193.158 10.573.356 190.062 58.712 6.703 79.902.032 134.582 31.985 673.902.360.968 7.779.521.443 183.140.697 9.953 1.178 4.298 3.200 9.527 704.897 5.892 5.461.287 10.550 2.275 158.038 42.638 4.640 (2.035 1.761.458.861 7.466.236 248.275 27.172 4.349.200 4.874.977.814.918.358 17.750 26.722 50.226 382.693 350.208 793.017 3.811 125.784 27.715.500 7.819.7 MATURITIES OF ASSETS AND LIABILITIES Total 2009 Over one Over three Over six Over one Over two Over three Over five Over ten month to months to months to year to years to years to years to years three months six months one year two years three years five years ten years ----------------------------------------------------------------(Rupees in '000)---------------------------------------------------------------------Upto one month 21.699) 395.374.000 149.972 1.048 993.972 10.836 436.649.296.140.531.141 27.800 1.001 7.043.774.099.745.035.881 26.255.051 449.015.365 4.204.332 39.082 1.757.591.815 2.279.267.539 41.143 1.939 3.535.245 7.357.043.616.975 13.870 4.575 10.627.799 206.989 9.586.183.232.816.679.429.182 18.523.795.044.784.493 1.600 3.787 221.069 31.605.420 3.446.801 1.710.848.359 40.898 29.760 402.064 83.093 6.238.536 124.912 3.835 350.052 8.847.141 Net assets Share capital Reserves Unappropriated profit Deficit on revaluation of assets .171 103.498) 6.411.995.936.303 56.867.555.632.406.471 246.159.338.536.203 92.827.521.898.288 (8.341 1.160 5.068 394.099 13.000 5.492 3.135 61.714 732.907.943.465 19.322 149.741.080.479 10.261.079 82.703) 2.099 366.128.270 (4.757.166 18.316 366.378.598.978 10.705.579 2.125.170.749 28.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 39.234 61.102 10.060 3.601.850 1.436 1.896 (2.452 312.363.183.830 22.933.617.717.489 7.

Significant issues and exceptions are reported to CORG and are also picked up by the independent Risk function for discussion at the Risk Committee chaired by the CRO. personnel and other risks having an operational risk impact.Current accounts .099.134 1.190 1.Murabaha .190 1.695 1. Disaster recovery procedures.028 7.530 10.558) 53. ethical and environmental risk.054.Savings accounts . infrastructure.Others Due to Head Office Due to financial institutions Other liabilities Net Assets Represented by: Islamic Banking Fund Reserves CONTINGENCIES AND COMMITMENTS Remuneration to Shariah Advisor / Board Charity fund Opening balance Additions during the period Payments / utilization during the year Closing balance 2009 2008 (Rupees in ‘000) 87.000 1.377.130.684 135.490) - www.com.375 1.160 114.181 200.631.610.Diminishing Musharaka . All business units within the Bank monitor their operational risks using set standards and indicators.000 802.719.300 816.577.800.294 60.254. self-compliance audits and internal audits also form an integral part of the operational risk management process.601 3. and CRO is an active member of this forum.595 2.220 6. The CORG is chaired by the CEO.000 1.558 (1.Term deposits .370 736.640 120.standardchartered. business contingency planning.219 5.1 Balance Sheet Assets Cash in hand Balances with and due from Financial Institutions Investments Financing and receivables .505 3.Others Operating fixed assets Other assets Liabilities Deposits and other accounts .637 5. The Country Operational Risk Group ("CORG") has been established to ensure that an appropriate risk management framework is in place at a grass root level. 40 ISLAMIC BANKING BUSINESS The Bank is operating with 10 Islamic Banking branches at the end of current year as compared to 8 Islamic Banking branches at the end of last year.181.378.181 1.119 55.132. 40.505 200. monitor and manage operational.Musharaka .pk 81 .209.484 1.8 Operational Risk Operational risk is the risk of a direct or indirect loss being incurred due to an event or action arising from the failure of technology.874 133.871 97.371 3.002.632. and to report.577.490 (3.391 524.086.000 565.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 39. social.505 1.998 785.190.863 1. processes.002.834 198.181 1.414 300.811 9.

237) 545.891 (218.270 105.580) 324. Badar Kazmi Chief Executive Karachi: March 04. investments and placements Return on deposits and others dues expensed Net spread earned Provision against non performing financing Net spread after provsions Other income Fees.820 (376.492) 446.348 510 168.184 (123.311 41 DATE OF AUTHORIZATION These financial statements were authorized for issue in the Board of Directors meeting held on 4 March 2010.847 2.257 102.677 (92.2 Profit and Loss 2009 2008 (Rupees in ‘000) Profit / return earned on financings. commission and brokerage income Other income Total other income Other expenses Administrative expenses Profit before taxation (290.021 (225.117 637.041. 2010 Najam I.428 1.929) 664.873) 532.837) 656. Chaudhri Director Parvez Ghias Director Shahid Zaki Director 82 SCBP Annual Report 2009 .858 615.Standard Chartered Bank (Pakistan) Limited Notes to the Un-Consolidated Financial Statements For the year ended 31 December 2009 40.191 168.399 882.

010.313. MOHAMMAD SHAFIQUE 22 SHAMI ROAD SHAMI BLOCK MUSLIM TOWN 1 FAISALABAD 3310001379385 3.049.062.813.326 8.311.522 23 NISAR AHMED 3410423122557 6.927.695.424.902.417 8.594 2.995 2.426 10.785 292.718.638 12 AMJAD NADEEM 6110157266707 1.382 901.556 - 2.220 3.939.679 - 2.197.561 8.987.095 1.707.199 - 2.739 22 MUHMMAD AZAM REHMAN AGRO TRADERS SABZI MANDI ROAD NEAR DERA ADDA MULTAN GHALLA MANDI.206 516.580 1.679 359.883 8 M FAWAD H NO 256 ST 90 1-8/4 ISLAMABAD 4230193017273 29.496.333 - 3.904 7 SYEDA SARWAT AFZAL A 380 SECTOR 14 B SHADMAN TOWN KARACHI 4210117513350 1.703.401 - 7.617.933 892.192.150 - 2.406 - 2. KHAYABAN-E-HAFIZ.111.684 1.679 - 2.873 11 HORIA TAUSEEF CHOICE DEPARTMENTAL STORE 333-B PEOPLES COLONY FAISALABAD H NO 1979 ST 71 I 10/1 ISLAMABAD 3310090899823 2.651.265.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .511 - 3. WAZIRABAD 3630213120977 3.580 1.575.459.000 8.995 6 SH ABDUL REHMAN 289 GULSHAN COLONY FAISALABAD 24548234411 4.830 419.484 952.821 - 4.034 - 3.780.099.738 10 MUDADAR SUHARWARDY 247/248 ZEENAT BLOCK ALLAMA IQBAL TOWN LAHORE 3520238436601 1. 3620211076303 2.382 729.041 - 3.158 683.com.680 29.713.916 9 KHALID BASHIR AWAN 12 SHER SHAH BLOCK NEW GARDEN TOWN LAHORE 3520160541051 8.904 4.549 - 1.191.862. N 4230116401513 3.584.039 667.522 3.195.150.391.192.874 3.206 438.370 2 SUGHARA MAZHAR FLAT NO 11 HANGING GARDEN KHYABAN E ROOMI CLIFTON 4230151355152 8.594 994.144 - 2.246 421.719.561 2.334 6.989.213.926 - 2.697 1.684 2.679 359.963 - 2. BLOCK 5.484 952.675.499.641.SALEEM TRADERS.669 4 JAHANGIR FAISAL 506 1A.954 661.561 - - 8.676. PHASE-V.195.036 27 SALEEM MUHAMMAD FLAT NO E GROUND FLOOR MARINE CORNER BLOCK2 SCHEME5 CLIFTON 258-A.557 1.959.914 1.798 989.246 421.669.785 292.440 - 2.276 - 3.293 937.115.933 892.365 6. 2009.241 418.197. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 1 S MUHAMMAD BAQIR BUKHARI H NO 45 A LANE NO 3 GULISTAN COLONY RAWALPINDI 3740553948965 2.627 21 KHALID JAMIL PULL 48 VEHARI 3660337819485 2.430.035 - 2.580 1.499.681 - 8.920 2.734.398.391.125 15 FIDA HUSSAIN HOUSE NO 94 PIR RONKI PARK AMIR ROAD SHAD BAGH LAHORE H NO A-103/3 SATTELITE TOWN RAWALPINDI 3740505636719 1.324 479.830 580.138.401 20 SYED ALI MOHI UD DIN 3520238090521 6.002 1.049.394 1.688 1.706 - 3.246. Amounts in Rupees Sr.542 www.299.150.420 - 5.401 - 7.988 549.213.651.420 - 5.334 2.P BERAR SOCIETY NEAR AGHA KHAN 4210114038345 2.669 3.085 - 3.000 2.000 - - 8. CLIFTON.754.988 674. BARAR.719.276 - 3.840 - 2.351 - 1.811.049.583.629.594 - - 2.220 5 AHMED UMER QURESHI 16/3 C AREA LIAQAT ABAD KARACHI 4210118942415 2.099.845 375.943 - 9.174.265 - 1.862.511 - 3.780.430.294 - 4.426 12.398.880. P.398.158 683.254 - 40.057 600.493.907 4. 1962 during the year ended 31 December.138. C.552.523.AMIN PARK BAND ROAD LAHORE HOUSE NO.standardchartered.519 26 MOHAMMAD FAHAD ASLAM CHOUDHARY 3520280953257 8.581 2.569.881 17 LIAQUAT ALI H NO 573 ST 5 HUMAK MODEL TOWN ISLAMABAD 6110184375323 1.496.697.499.883 25 MUHAMMAD SALEEM M.798 1. No.552.795 - 1.324 385.845 375.993.734.099.184 - 6.039 827.293 918.954 477.484.682.134.677 - 1.580 16 AFTAB AHMED 4.695.718.782.333 - 3.435.584.pk 83 .417 - 10.053. 'D' STREET. SOCIETY BLOCK NO.265.487.481.722 - 12.210 - 5.510 18 M IQBAL NAQVI ABSHAR LODGE 4TH FLOOR FL 13 KATCHI MEMON ST NO 1 4230164398129 1.575.972.682.150 - 2.994.424.487.401 - 12.201 2.981 - 11.085. SEA BREAZ LUXURY APPT.909 1.682 - 3.948.504 2.946 - 1.993.484.691 418.313.334 24 MUHMMAD ASLAM 48-B GRAIN MARKET VEHARI 3660368095819 2.036 - 11.191.490 - 42.304.025.595.887 584.085.016 3.895.840 - 2.519 2.298.552.795 - 1.345 - 3.DUNIYAPUR ROAD KEHROR PACCA HOUSE # 8-I/II.1 Statement in respect of written-off loans or any other financial relief of five hundred thousand rupees or above as required under sub-section (3) of section 33A of the Banking Companies Ordinance.994.55 STREET NO.300.569.499.743 - 2.298.364 - 1.2 .909 1. 7-8 4200003746675 2.417 - 10.365.068.487.776 19 MUHAMMAD RAFIQUE HOUSE NO.814.628 28 MUHAMMAD ZUBAIR 4210114038345 8.697 1.057 797.927.326 3 SH.782.18-B MAIN MEER UPPER MALL LAHORE 3520223620247 3.887 584.016 3.023 14 MOHAMMAD ZUBAIR 258-A BLOCK-7 & 8 C.150.445 13 ABDUL RASHEED BHATTI HOUSE NO E 23/ 13 NC AL REHMAN ST MOHALLA ISLAM NA 3520141559989 1.

014 44 M/S ISMAIL AND BROTHERS 4210117546191 671.077 - 652.235 562.083 2. MAZNINE FLOOR.899 10. ALI'S APARTMENT PHASE I.730 839. CROWN CINEMATRUCK STAND.839 84 SCBP Annual Report 2009 .432 10. KARACHI 4210130967681 746.077.583 92.460 31 AZEEM UDDIN JEWELLERY 4200001007805 741.781 46 M/S BISMILLAH COMMUNICATION SHOP # G-11 & 12.154 - (8.885 70.074 - 1.PHASE 2.991 28.552 - 543.TRUCK STAND HAWKS BAY ROAD.472 25.024.970 81.366 48 SIGN MEDIA ADVERTISING 4210119175181 1.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .SHOP # 300RAZI MARKET.674) 891.350 - 765.885 43.027 - 1.1 Amounts in Rupees Sr.866 - 613.CHUNDRIGAR ROAD. PHASE 6.594 50.592 54. SHOP # 12KPT BUILDING.SHAMS CROKERY SHOP NO # 58NEW BOLTAN MARKET.296 74.QUAID-EAZAM.2ND SUN SET. 39.578 - 756.127 66. ST # 2NEW SABZI MANDISUPER HIGHWAY KARACHI SHOP#1STREET #10ARTLARY BURNS ROAD KARACHI 4230187382809 710. LANE COMMERCIAL AREA. DAWOOD CHOWRANGI.S.DARYA LAL STREET.868 - 921.433 41 AL .760 - 857.523 - - 612.NEAR SHOE MARKET.052.BLOCK 6P.721 25.936 12.367 - 1.847 - 715.SHAHRAH-EFAISAIL KARACHI AA / 155 -D PUL SHAH NAZAR DEWANJAMIA MASJID ROAD.067 73. KARACHI OFFICE # 305. SADDAR.824 45.MAIN SHAHRAH-EFAISAL.235 - - 756.260 1.418 - 1.491 47 M/S NEW LIFE GOODS TRANSPORT CO 612.210 72.766 746.101.655 - 764.732 - 840.126 754.592 38 NANA MANAGEMENT PVT LTD 101 FIRST FLOOR.062.I.434 56 SHAFANA 3740561894177 1.708 663.417 - 677.000 30.702 - 556.296 - 936.970 17.JODIA BAZAR.751 767.829 71.052. 5TH FLOOR.017.837 - 576.660.H.922 - 859.024.594 50.106.888 52 Z -A ENTERPRISES 4210116839491 1. LANE 4.583 57.708 - - 732.024.028 - 836.117 12. HARIS VIEW.379 862.628 24. F-MARKET. OFF 26 STREET. KARACHI SUITE # 2.232 - - 750.879 - 708.577 952.A 4230109114231 2.087.732 17.705 52. SECTPR 31B.549 538.252.074 - 1.210 72.785 - 675. H.761 510.976 3.NEW TRUCK STAND.081 713. No.7TH FLOOR.785 530.H.235 721. NAZIMABAD NO 1 KARACHI PLOT 5/27 2ND FLOORUPON NIAZI JEWELER SARAFAMARKET LIAQUATABAD KARACHI PLOT # 10/C.083 808.838 39 4220113793537 775.STREET # 2. KARACHI TAWAKAL MARKET PLOT # B7/8STREET # 4 GATE-I.356 15. KARACHI ROOM # 48.934 562.592 54.699 - 805. ST-5. DHA.696 - 729.366 672.STAR GATE.367 - 1.REGAL CHOWK.129 - 792.823 36 AL-KAUSAR TRADER 952.083 - - 2.PROGRESSIVE SQUARE.029 33 M/S CITY AUTOMOBILE 3830211527953 672.987 44.117 50 AARAS SHIPPING AGENCIES 701.733 54 UMAIR TRADERS 3740549025121 854. BHANGORIA GOTH.244 15.016 - 1.523 34. OFF I.HAWKSBAY KARACHI 4220115391489 839.502 45.523 612.843 - 647.308 - 555.866 616. NEARDISPENSERY GROUND TENCH BHATTA RAWALPINDI 252 SCHOOL LANERA BAZARCANTTRAW 4230109526465 932. KARACHI SHOP # 4 GULSHAN-E-AL MUSTAFAARCADE.784 32.468. OPPOSIT AIR PORT.577 37 Z.245 34 M/S ALI OIL TRADERS 4220105150093 807.666 1. EXT.406.065 500. SHAHBAZ COMMLANE.396 1. MUMTAZ HASSAN ROAD.295 45 M/S BISMILLAH MILK CENTRE & BABA ISHAQ DAIRY FARMS 4230110816373 743.366 - - 672.929 - 613.501 - 884.ZAKARIA LANE.412.666 53 MUHAMMAD NAZIR 4220151239709 900.PLOT # 26-C. SHOP NO 4NEAR POST OFFICEOPP OWN PLAZA. F B AREA. 3RD FLOOR.660. DHA. PIPRANI AND COMPANY 4220106555215 1.421 80.480 784.381.177 - 989.952 - 694.222 6. J J CENTREQJODIA BAZAR KARACHI AL-KAUSAR TRADERS.BLOCK # 2.251 704.ARFAT CHAMBER. D.949 738.172.165 30 GOOD CHANCE SEWING MACHINE & CO I G1/21.964 - 756. PLOT # 9C.729 - 525.770 - 780.660.336 24.149 - 646.882 - 724.943 - 779.336 43.272 40 M/S MAGNAZ ENTERPRISES 19/F. RAWALPINDI OFFICE # 377-A. MARIPUR KARACHI SP-1MEZZANINE FLOOR BLOCK2AL KARAM SQUARE KARACHI 4220105294001 754. RAZA MOBILE CITYNATIONAL HIGH WAYMALIR CITY KARACHI PLOT # 11-A.106.KORANGI PENETH 5 KARACHI 4220165856795 787.BUSINESS PLAZA. KARACHI 14 / 17. KARACHI SHOP # 4.E.516 648.NISHTER ROAD.365 30.768 - 1.617 25.C.279 42 M/S MALVAN ENTERPRISES 4230108956093 665.174 11. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 29 MALIK SOHAIL AKHTER FLAT NO.2ND FLOOR.067 59. KARACHI 4210154154219 756.232 515. KARACHI PLOT # B -31.JUBILEE MANSION PREEDY STREET. AURANGZAIB MARKETM A JINNAH ROAD KARACHI OFF # 204.405 - 782. KARACHI M/S ORIENTAL BUSINESS SERVICES PLOT # 397-A.M A JINNAH ROAD.149 55 AL-ABID DAWAKHANA 3740529659277 627.610 51 M/S AFAQ BROTHERS 4210142898773 500. KARACHI SHOP # 2.776 35 M/S SHAMSI TRADING COMPANY 4210111795943 732.734 - 1.994 49 M/S MASOOD & JAMIL ICE FACTORY PLOT # 16.958 - 804.366 35.190 - (310.523 32 M/S ASHRAF TRADERS 4210137058665 750.721 27.811) 1.315 - 723.760 932.082 - 3.366 - 819.339 43 M/S PAK ENTERPRISES 4210155819915 721.368 12.260 70.807 - 522.

RAVI ROAD.CENTURY TOWER.272 - - 804.2ND FLOOR.130 60.451 - 959.CROWN SQUARE.SAINT MARY'S PARK.GULBERG 3 LAHORE 3320215863839 580.541 512.pk 85 .855 639.ST # 14.002 - 523.749 - - 707.056 - 640.826 - 611.228 - - 558.508 - 736.844 580.683 537.423 79 ABDUL JALEEL H # 224. R 695SEC 11-C/3DISCO MOR.FALCON COMPLEX. LAHORE SHOP# 12-A.126 479.712 59 GHULAM ZAMIN DURRANI 4220172244983 675.265 71 GHULAM AHMED SIDDIQUI 4220107416591 627.082 41. ST #1KACHUPURAFAIZ BAGH LAHORE 3520253667475 769.AKBAR MARKET.252 - - 670.130 39.GULSHAN-E-IQBAL.285 - 1.445 - - 537..278 590.360 58 SYED ATTA MUHAMMAD 4220158629585 565.392 675.352.633 - 695.278. MOHALA NABI PARK.278.246 - 798.293 - 1.363 57.173 509.BHANGORIA TOWN.423 - - 832.363 69.002. BLOCK-19RASHID MINHAS ROAD F B AREA KARACHI SHOP# 2.455 - - 510.846 66.296 64 KHAWJA AZIZ UR REHMAN 4210123669233 804.151 - 1.NEAR FOOTBALL STADIUM KARACHI PLOT NO RC 323/4RABIA MANZIL BHAWAN JEE STREETRANCHORLINE KARACHI HAJI ABBAS CENTREROOM # 4 FIRST FLOORHAWKSBAY ROAD KARACHI OFFICE # 105.888 28.099 10.348 657.270 - (79.298 - 685.151 - 1.727 32.523.483 - 733.MAIN QAIDABAD.091 - 524.869 24.MAIN BOULEVARD.PAKISTAN CHOWK.262 - 714.272 780.D MODEL TOWN.714 30. No.391.293 - 1.002.LIAQUATABAD.772 - 762. 13-C.317 690. BLK # 13-A. 1ST FLOOR.900 43. KARACHI LIYARI GENERAL HOSPITAL.640 69.018.513 - 792.782 33.018.GULSHAN-E-IQBAL KARACHI 4230116851735 741.317 74 ABDUL MAJEED HAJI PARK2-REHMAN PURA LAHORE 3520292659405 1. NEAR HABIB BANK. 207.130 - 605.676 - 974.238 - 508.774 112. LAHORE 3520227541807 839.259 510.908 10.standardchartered.993 72 QAMAR UDDIN ZARIA 4220105075295 711. LAHORE 3520289377783 698.568 81 SHEIKH MOHAMMAD SOHAIL 3520209411743 1.512 70 MOHAMMAD HAJI TAMEEN LATE 4230110449071 719.AL MANSOOR PLAZA.343 37.STREET# 4.343 37.722 - 784.947 - 711.535 - 724.NEAR A-1 HOSPITAL.846 42.B.GULBERG -III.696 594.285 - 1. AREA.084 - 708.782 - - 926. KARACHI 4220112906495 1.846 13. 75 L.541 - - 565.774 112.419 - 786.075.2.BLOCK -B. NORTH KARACHI KARACHI 3520251084093 563.112.512 - - 639.259.349 - (71) 627.304 www.329 719.391.628 1. DURANI PLASTIC STORE.GULBERG -III.OPP SHELL PETROL PUMP.609 741.540 76 SIKANDAR BAKHT QURESHI 3520278462947 1.900 637.782 33.846 64. LAHORE 3520171923281 600.182 16.719 68 ANWER BAIG 4210169664867 637.874 - 736.SHAH FAISAL COLONY.099 670.811 1. UNIVERSITY ROAD.091 889. KARACHI SHOP # 1. KIRYANA MARKET.712 - - 512.377 707.BLOCK .890 78 MUHAMMAD YOUSAF H# 53.304 - - 554. ST# 2-A PREM NAGARRAJGARH LAHORE 3520202785027 479.1 Amounts in Rupees Sr.628 77 MOHAMMAD RAFIQ KHAN H# 10-A.696 - - 594.839 9.025 662.618 719.259. NEAR QADRIA MASJID KARACHI L-501.075.937 50.640 84.367 - 704.844 - 610.182 16.455 67 HABIB UR REHMAN 4220160974849 594.769 1.922) 759.727 22. KARACHI PLOT NO 5/45/ASHOP NO 35 AL MADINA MARKETMODEL COLONY NEAR LEE MARKET KARACHI PLOT # B .703 - 550.785 61 MOHAMMAD ABDUL MAJEED S# 2A -17 .NEAR DAKHNI MASJID.696 39.004 60 ALI GOHAR 4230155020653 509.PLOT# 1044.995 - 1.080 69 MUHAMMAD SALEEM 4230139733921 700.749 73 ABDUL SALAM 4210117671939 690.304 - - 554.228 83 MUHAMMAD SADIQ 1.333 1.ALI GARH BAZAR.933 - 811.304 554.714 25. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 57 JALAL DEEN SHOP # 1-2.NEW TOHEED PARK. GULSHAN RAVI.518 93.099 - - 769. KARACHI SHOP # 2/14 & 5/129COMMERCIAL AREA.259 - - 563. LAHORE 3520226316725 926.445 84 SHEIKH HABIB AHMED (LATE) SUITE # 181ST FLOORKHAWAJA ARCADE WAHDAT ROAD LAHORE 3520225590939 554.252 66 WAHEED JAVAID KHAN OFF NO.535 - 724.900 - - 637.023 - 633.333 82 MUKHTAR ALI 476-A.com.BLOCK# 10.200 80 ALI JAAN CRYSTAL NOTE BOOKAL MAIRAJ CENTRE22 URDU BAZAR LAHORE LUCKY TRADERS10MONTGOMERY ROAD LAHORE 3520258749427 719.CAVALRY COMMERCIALAREA.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .833 46.183 558.112.813 11. KARACHI LSA-1-7.352.F.782 832.518 93.888 44.082 15.316 63 MUHAMMAD BASHIR MEMON SHOP# 13.326 65 M ALTAF BUTT H # 33.SHEREN JINNAH COLONYCLIFTON KARACHI 4240120202227 662.811 62 MOHAMMAD ILYAS QURESHI 4250183471773 889.995 - 1.180 - 681.LAHORE CANTT LAHORE SD-45.769 75 AHMAD KHAN ( LATE) 26-3RD FLOORCAVALRY CENTRE.

369.353.895 19.832.024 486.22 URDU BAZAR.532 - - 1.595 - 770.698 - - 1.919 - 956.155 - 647.899.MACLEOD ROADASLAM ARCADE LAHORE 3520229284227 644.244 - 769.NEAR WASA DISPOSALJIYA MUSA.225 8. ST NO 3HASSAN PURA DHUDI WALASIALVI GENERAL 4230112280905 496.648 981.865.A SIDDIQUE SUNSET CLUB P-57.449 - 953.273 99 ZAFAR TRADING CO 3520249909223 902.10TH COMMERCIAL STREET PHASE IV D.919 - 956.202 14.601 - 1.865. No.344 711.076 101 ZEESHAN JAMAL RUFI HEAVEN FLAT NO D311 GULSHAN-E-IQBAL BLOCK 13-D/2 4220172170513 1.632 - 582.330.613.115 - 541.947 1.977 727.062 96 AL-RIZWAN DYING STOP # 25.544 19.735 - 593.906 10.338 - - 1.532 94 LODHI ENTERPRISES 4-A.447.447.000 - - 737.389 105 M ASLAM 3RD FLOOR SAUD CHAMBERHASAN ALI AFFANDI ROADILYAS H NO 102ST # 36GULSHAN ABADADYALA ROADRAWALPINDI 4230186130237 557.338 1.798 1.765 499.494 - 570.415 104 BILAL AHMED 21-A-11 18TH KHAYBAN E TAUHEED PHASE 5 DHA 4230111066877 555.735 39.669 - 995.639 102 AGHA IFTIKHAR HOUSE # 2 SABRI BUILDING NEAR CALTEX OIL DEPOT PECO ROAD FLAT P 9 STAR SHELTERS BL 18 GULISTAN E JOHAR 3520219147859 2. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 85 BADAR CLOTH & FOAM CENTER 16.564 - 505.039 - 921.891 91 YOUSAF FOOD INDUSTRIES PVT LTD 3520222004937 990.808.044 - 525.932 32.373 433.BAO SHOAIB MARKET.KHAWAJA ARCADE.222 11.639 - - 727.MECLOAD ROAD LAHORE ROOM # 227-228 ZULQARNAINCHAMBERS GANPAT ROAD LAHORE H# 40/13 1ST FLOOR SECTOR 11/G NORTH KARACHI 3520112874997 1.790 95 CRYSTAL PUBLICATIONS AL-MERAJ CENTER.057 9.557 76.637 112 HUSSAIN ALI KHAN A 148 BLOCK 2GULSHAN E IQBAL KARACHI 4220104310769 822.687 36.957 48.637 737.460 16.648 - - 990.087 63.024 - - 496.732 93.104 30.401 - 1. 3RD FLOORASHRAF PLAZA.251 - 564.848 33.932 7.284 42. RAVI ROAD LAHORE ROOM -301.282 18.338 93 YOUNAS BEEF SHOP 3520224261671 1.230.655 782.4 ZAILDAR ROADICHHRA LAHORE 3520265689921 1.000 98 WAMALEE INTERNATIONAL PAKISTAN 3520214895293 834.108 - 885.NEAR BATA FACTORY.350 27.970 - 839.815 89 JAVED ELECTRIC STORE 3520137600011 1.104 135.735 115.815 - 2.MISRI SHAH LAHORE 26-KM MAIN MULTAN ROAD. LAHORE OPP SHAHAB SWEETS.381.680 20.628 24.379 88 WELL TRADING CORPORATION M/S WELL TRADING CORPORATIONSUIT # 20.723 - 1.971 86 S A MOBILE CITY 32-H.379 939.395 672.150 90 BILAL TRADER WIRE ROPE 3520268491487 766.698 103 AHSAN ELLAHI MALIK 4200005745451 483.772 1.808.721 26.094 501.958 19.338 - - 1.019 81.012.129 - 1.356 19.861 93.595.LAHORE BLOCKAZAM CLOTH MARKET.567 526. CHINA TOWER. BLOCK COMMERCIAL AREAPHASE I DHA CANTT LAHORE 30 CHARAGH DIN ROADMOZANG LAHORE 3520128253917 933.015 - - 644.OPPOSITE TREET BLADE FACTORY.17.352. BILAL MARKET.SHAHALAM MARKET.17 WAHDAT ROAD.1ST FLOOR.238 - 777.212.808.093 - 510.042 6. KOT LAKHPAT.143 13. LAHORE 516 PICCO ROAD.327 - 1.068 55.153 - 499.165 51.306 - 720.832. LAHORE 3520014964961 551.H.330.189 - 571.621 - 603.651 108 MUHAMMAD HANIF 3310007493391 449.322 42.714 468.467 110 SHAHID NAZIR C 16 BLOCK 13-DGULSHAN E IQBAL KARACHI 4220107073785 489.073 72.063 - 1. LAHORE SHOP # 1.325 501.660 - 535.457 - 534.688 16.183 107 MUHAMMAD SHAHID IQBAL HOUSE NO 36.118 - 1.098 100 AFZAL AHMED 4250108342727 1.482 - 585.460 16.147 109 PERVAIZ MANZOOR 395 A ESAMAN PARKJOHAR TOWN 3520205413417 499.712 106 MUHAMMAD ASHFAQ 3740306541389 496.076 - - 782.SHAHDRA LAHORE H # 14.808.460 559.508 - 1.637 571.832 433.735 21.049.583.869 510.447.080 - 943.661 1.926 - 1.288 758. USMAN MARKET.1 Amounts in Rupees Sr. ST # 52-A.595.094 - - 496.871 92 ALI CLOTH HOUSE SHOP # 1.576 7.843 - 1.011 - 735.850.MAIN BAZAR SHAKAR GARIANTOHEEDABAD.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .487 101.415 - 459.288 - 468.262 97 WALI TRADING COMPANY 3840374091545 764.108 - 885.165 51.330.363 87 CH. LAHORE 3520273680109 1.405.746 1.607 - 601.172 10.184 86 SCBP Annual Report 2009 .316 9.489 - 491.267 111 KHANZADA QAISAR 96-E MODEL TOWN LAHORE 3520015616151 439.015 576.658 808.239 - 517.ABDUL HAFEEZ AND CO 3520259680679 939.785 83.446.273 834. LAHORE 3520266045929 1.

695 501.212 - 656.360 - 536.375 - 523.519 - 614.998 - 532.595 - 634.576 - 527.282 - 598.216 162 MUHAMMAD ALI HAIDER H NO 12 ST NO 48 AMEHBOOB PARKWASSAN PURA 3520110331971 491.816 72.824 - 644.428 78.952 472.649 - 628.820 - 562.400 476. No.980 - 578.414 74.127 163 A S AZAD 34 B PUNJAB CO OPERRATIVE SOCIETYDEFENCE LAHORE 3520141687055 468.131 166 JAWAD ASGHAR HOUSE NO 404 BLOCK 15FEDERAL B AREADASTAGIR KARACHI HOUSE NO 153.063 - 580.653 446.350 165 M ARSHAD LODHI 9-E 7TH EAST STREETPHASE I D H A KARACHI 4230119985089 446.284 - 591.414 77.296 67.755 468.875 62.947 159 GHULAM HUSSAIN 4230164901779 499.891 41.649 491.251 - 509.886 76. 4210179069871 458.048 - 794.757 63.364 86.939 45.018 - 531.NO.502 50.784 153 RASHID IRFAN 3520064032239 482.35ST.001 151 ABDUL RASHEED 132 BLOCK H GULSHAN RAVI LAHORE 3520286454135 499.5F-8/3 ISLAMABAD 6110168910715 436.455 82.444 67.397 142 ASIF MAHMOOD HOUSE # 561STREET # 5G-11/1 ISLAMABAD 6110120307037 588.396 - 572.763 47.534 590.726 148 AMIR ALI H NO 13 ST NO 37POLICE STATIONMISRI SHAHPAK NAGARL H NO 101 BLOCK 7/8 BYJSOFF.710 499.561 151.832 104.1 Amounts in Rupees Sr.752 156 SAMI AHMED H NO 3/21. AMIR KHUSRO ROAD KARACHI 3520226668589 466.2F 202 ST 74 F 11/1 3310075010961 472.967 124.899 195.488 448.199 - 533.338 77.502 42.283 64.335 80.084 161 SYED HASNAIN RAZA A-525 BLOCK-3GULSHAN E IQBAL KARACHI 4220192450641 477.288 135.128 60.813 146 MALIK IMTIAZ D-47 BLOCK-2CLIFTON KARACHI 4230136535845 489.707 462.778 141.213 64.075 - 555.116 147 NASIR RAUF R 88 BLOCK 16F B AREA KARACHI 4210196492509 476.140 143 ASIF ISHFAQUE AHMED SUFI PURAAHMED PURA KHAN MAHAL ROAD SIALKOT 3460384104059 381.008 501.505 - 769.502 73.292 152.226 - 580.CLIFTON GARDEN IIBLOCK 3 CLIFTON KARACHI 4230148407941 561.693 77.700 - 536.486 - 547.446 - 549.093 168 BASHIR HUSSAIN D-9 PTCL OFFICERS COLONY 27051506291 458.851 - 547.NO.493 149 MASOOD UR REHMAN 4220118350983 493.564 - 569.062 537.493 - 500.080 145 ABDUL LATIF H NO 3/C.693 44.889 599.503 499.357 - 494. BLOCK NO 2-A NAZIMABAD NO 2 4210116945327 460. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 141 IRFAN JAMIL 206-C.706 462.636 104.864 106.BDAKHANA KHAS FAISALABAD 3310036220723 453. 3RD FLOORMADINA MANSION .603 - 500.335 68.133 152 SHAN KHAN P-166/B ST NO.055 495.817 436.865 140.526 - 584.367 109.363 - 601.015 167 AMIR WAJID 4220120944983 469.STREET NO 7.748 - 543.264 - 519.393 491.296 48.338 - 549.584 115.338 66.905 487.606 453.835 - 514.482 - 504.850 94.822 - 522.766 469.455 47.3 SARFRAZ COLONYPEOPLES COLONY NO.015 - 516.404 77.350 155 NADEEM KHALIQ P 1088 BABL LAL MILL CHOWKFACTORY AREA 3310033847297 472.757 74.265 472.228 157 ABDUL QAYYUM HOUSE NO 2 HAJI PARK REHMAN PURA LAHORE 3520292659405 501.726 64.276 - 697.494 460.505 164 MUHAMMAD NAEEM UD DIN HOUSE # 634.507 158 M AKBER RIZWAN HOUSE 3/143 STREET MASOOM SHAHEED LIAQUATABAD 3 KARACHI FLAT NO 3-F.384 181.112 - 612.813 - 653.153 374.204 154 HASSAN ILYAS KAIFI H.567 151. MOOSA STREE 4210117831051 588.520 88 SCBP Annual Report 2009 .865 119.KHAYABAN E SHAMSHEER PHASE 5 4200004541675 496.108 - 562.R.STREET # 44G-9/1 4410328480551 462.800 150 MUHAMMAD AFZAL CHAK NO.283 74.904 73.212 475.301 - 604.323 - 517.800 89.428 56.SECTOR NO F-11/1.142 188.142 - 543.091 460.479 33.204.449 - 573.591 - 556.832 77.071 - 564.408 160 GHULAM JANAT FLAT NO 30/2BHURGI ROAD HIRABAD HYDERABAD 4130326433380 499.991 - 540.502 86.614 - 538.250 144 FAISAL MUJEEB HOUSE NO B-136BLOCK ANORTH NAZIMABAD KARACHI 4210118347913 460.331 - 543.895 - 545.878 - 577.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .718 - 528.434 - 569.217 459.995 458.444 79.

067.367 - 553.634 44.876 - 509.749 1.695 565.999 - 510.158 59.353 421.634 78.483 189 MOHD NASIRUDDIN NW-734BLOCK-D1ST FLOORSATELLITE TOWN RAWALPINDI B 167 BLOCK 18 GULSHAN -EIQBAL KARACHI 3740506608645 517.781 6.765 438.902 10.938 101.164 102.754 9.1 Amounts in Rupees Sr.713 220.354 - 577.413 - 479.035 191 ASIF IQBAL SAIGOL PLOT NO 85-C FLAT NO 1PHASE 7 DHA KARACHI 4230159683455 520.standardchartered.685 500.073 - 578.984 131.834 12.165 489.887 33.040.529 - 656.687 - 576.768 - 516.087 498.491 187 M OMER MALIK 31/2 KHAYABAN-EMOHAFIZPHASE 05 DHA KARACHI 538/11 BAGGOSRA CENTER JAHANGIR ROAD 4230122675061 412.209 496.561 - 533. FLAT NO K/606RUFI LAKE DRIVE 7TH FLOORBLOCK 18 GUL 4210117009367 344.com.026 1. BLOCK K-6GULSHAN E IQBAL 4220118609231 479.713 - 530.848 - 602. No.347 10.335 - 591.035 - 540.797 - 511.217 846.673 181 RAZI NAYYER H NO 25-B/2.304 - 513.266 563.194 78.164 - 589.834 87.248 - 551.068 82.848 175 CH KHAWAR BASHIR CHAK NO 248 R.448 480.601 498.505 105.720 11.123 439.015 - 560.255 171 S SAJJAD G 12 AHMAD RESIDENCY GULISTAN E JOHAR BLOCK 14 50264550567 439.303 - 562.902 79.804 12.452 - 492.912 - 579.128 496.375 www.535 - 555.257 176 MUHAMMAD SAEED 3520158871681 496.149 496.905 174 AMEER ALI SHROFF FLAT NO.508 501.655 - 511.437 51.123.548 - - 131.469 - 576.901 499.687 Principal 899.610 553.938 Amount Written off / Concession Interest/ Mark up Others Total Balance 141.710 73.354 75.232 89.713 276.793 179 RAHAT HUSSAIN R-238.964 A 11 ROOFI COTTAGESBLK 13-D1GULSHAN E IQBAL KARACHI 170 FAWAD ASGHAR SHAH 6B 6TH CENTRAL LANEPHASEIIDHA KARACHI 4230181066403 563.590 - 606.764 434.870 465.SECTOR Z-6GULSHAN E MAYMAR 4250161300331 498.041 - 578.430 163.746 185 MUHAMMAD KAMRAN SADDIQUE H NO 202 A /7KAREEM BLOCK MKTALLAMA IQBAL TOWN 3520290723933 470.219 - 566.874 - 546.H-216 M.015 195 MUHAMMAD ARIF QURESHI B/108 SARAH AVENUE 1GULZAR E HIJRI 4130340002735 131.965 16.788 194 NASREEN 4220156974944 498.552 - 574.968 180 WAQAR INAM H NO B-311.211 10.286 479.B.052 21.804 91.726 90.1 H NO.003 196 RUKSANA SULMAN STR NO.351 193 S ASAD ALI FLAT-D-7 1ST FLOOR NOOR APPARTMENT BLOCK-K NORTH NAZIMABAD KARACHI.389 182 MUHAMMAD IQBAL HOUSE # 60ASTREET # 4FAISAL COLONYCHAKLALA RAWALPINDI 6110171506445 498.615 71.627 497. DHA 4220175241837 475.839 - 567.L PARK VIEW SOLDIER BAZAR KARACHI 4200004205945 563.820 - 590.211 78.057 - 510.958 47.509 186 M SHAHBAZ SHARIF 32-C GULBERGCOLONYFAISALABAD 3310025188611 487.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .194 11.943 184 SAMREEN EHTESHAM 57/11MAIN COMMERCIAL AVENUEPHASE IV DHA KARACHI 4230135146936 496.514 78.473 12.196 - 517.887 496.020 80.251 - 642.3 GULSHAN E HAYATSHAHDARA MOR 3520278381724 482.B NAIADADYBISMILLAHPUR FAISALABAD H NO E-21.935 - 554.238 63.307 11.040 95.587 173 RAFIQ AHMAD 14/C CRECENT PLAZABLOCK 7F.701 414.189 - 558.352 59.103 82.818 - 496.271 - 579.894 - 629.437 89.731 104.984 - 351.729 - 578. AKHRI WAGON STOPGULSHAN PARK NISHAT COL H E 19/12 A 2 ALI STFIRDOUS PARK CANTT LAHORE 3310004828139 500.733 499.574 - 495.272 77.352 92.610 - 650.015 - 507.874 - 1.014 172 SHAHAB UDDIN HOUSE-269 ST-22 E-7 6110167437473 846.777 499.pk 89 .931 177 M ALI SHEIKH 3520112984867 499.806 - 518.028 - 626.679 83.710 39.467 522.159 188 ADAMJEE 51291190433 551. 169 M SALEEM Name Address Name of Partners / Directors NIC / CNIC 4220107212485 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 899.898 183 ZILL UR RAHMAN KHAN A/19 GALLANT SAMMITBLOCK 11GULSHAN E IQBAL KARACHI 3520259883323 499. 1ST CENTRAL LANEPHASE II.269 192 PARVEZ 1274/15BLOCK-15F.B AREA KARACHI 50149684392 456.548 471.818 - 498.504 - 1.579 - 588.801 65.892 67.720 79.001.868 178 IRTAZA MALIK AWAN H NO 314ST NO 14CHAKLALA SCHEME III RAWALPINDI 3740503494819 499.896 - 506.AREA ISLAMABAD 6110118867897 501.238 87.579 190 IRFAN DAUD 4220141853923 499.894 - 506.575 12.

A 50257384928 437.017 1.269 - 517.301 - 577.H.671 61.954 19.763 83.802 8.100 - 777. STREET NO 10BLOCK 4D.103.419 24.579 460.706 - 574.295 84.377 - 466.481 131 ASMA JAVED 157 F 2 JOHAR TOWN 3520222694668 467.656 821.029 543.396 - 606.181 42.450 116 NASEER AHMED 4230113136485 463.630 - 558.526 - 521.617 130 MIAN FAROOQ AMIN 314-GGPHASE 4DHA LAHORE OPP HALEEM CAMPUS LAHORE 3520137598735 599.541 599.589 114 RIZWAN AYYAZ 251/1 Z-PHASE-IIIDHA CANTT LAHROE 3520114545233 488.728 121 AMIR MAHMOOD H NO.916 - 446.340 78.760 724. NAZIMABAD KARACHI 4200044953607 460.917 22.983 25.538 139 BISHARAT SUBHANI H# 684 BLOCK 3 SEC.954 46.447 - 541.779 16.093 22.064 - 513.465 43.550 - 516.779 - 500.329 499.20 PARO WADHO WAH ROAD.032 129.948 482.969 - 500.658 493. KARACHI 4200005377617 435.568 - 491.866 499.160 - 484.754 488. H # 158. D-2 GREEN TOWN 3520223342983 476.064 123 MEHMOOD ILYAS KHAN H NO C-25. 4130621585633 1.380 48.H.635 170.com.961 - 956.934 467.724 124 ABDUL SAMI SAGGU PAKISTAN REVENUE AUTOMATION PVT LTD HALL#506 5TH FLOOR AVACUEE TRUST ISLAMABAD COMPLEX SIR AGHA KHAN ROAD H # 291-A7TH ROADNEW MALLPURSATELLITE TOWN RAWALPINDI C-7 SEA PARK APPARTMENTBLOCK-2 CLIFTON KARACHI H NO.391 - 473.13/158 MOHALLAH TIBATANCHI SIALKOT 3740517257921 873.846 - 586.C.087 - 606.345 140 MUHAMMAD SIKANDAR MUGHAL JAHANGIR PETROL SERVICE MAIN NATIONAL HIGHWAY QUAI LANDHI NEAR UFONE OFFICE 4220160090093 641.132 - 848.660 476. EXT .356 18.516 - 780.064 129 EHSAN ELAHI MALIK 587-G GULSHAN E RAVI 27341113035 491.683 463.938 - 541.794 118 MOHAMMAD AHSAN MALIK 6110119518685 724.380 9.908 89. SECTOR G8/1.731 73.026 579.070 127 KAMRAN AKRAM BUTT 3460321102795 499.059 122 AHMED NADEEM H NO 3-BST NO 72F-83ISLAMABAD 6110121177391 763.697 641.13/B SHAHID ROADSUNNY CHOWKCANAL POINT HOUSIN 3520170220205 492.408 134.842 79.051 453.098 - 570.243 - 566.115 www.054 - 535.HIRABADNEAR LAL MASJID HYDERABAD 4130363706437 463. 3740566197851 482.579 120 KASHIF QUDDUS HOUSE # 219STREET # 74SECTOR # G-9/3ISLAMABAD 6110101157841 443.NOORANI NAGAR QASIM ABAD.502 - 505.181 52. ISLAMABAD.794 - 533. STREET # 64.635 85.660 - - 488.594 22.779 72.151 - 584.747 - 557.018 77.662 135 MOHAMMAD INAM H NO 280BUKHARI COLONYBANARUS ROUND ABOUT ORANGI T A 174/1 BLOCK VIIIK.203 - 488.244 53.DISTRICT HYDERABAD.872 454.369 125 SALEEM JAHANGIR 3740535560425 495.610 23.745 - 574.545 87.731 21.341 - 679.284 494.519 77.865 - 670.718 438.697 85.380 97.031 - 1.481 10.641 136 SALMAN AHMED 4200004663943 579.295 17.356 38.362 497.144 49.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .A.483 435.448 - 477.344 119 KABEER KHAN R-150 EVERGREEN BANGLOW GULSHAN E IQBAL 13 D/3 4220144470567 543.183 42.700 117 MOHAMMED ASLAM HOUSE # A .621 485.375 - 572.886 - 525. No.1 Amounts in Rupees Sr.224 133 MUHAMMAD RIAZ KHAN H NO S-2/814SAUDABADMALIR TOWN 4220174416513 453.767 763.246 - 616.591 126 SYED MEHDI RAZA 4230129168135 498.803 33.846 88.141 429.212 74.645 - 544.519 - 515.477 121.429 - 934.939 90.158 - 530.951 - 532.E.294 445.804 137 MIRZA SHOAIB BAAIG HOUSE #D-117-A BLOCK 4 F B AREA 4210192274995 453.923 138 NASEEM AKHTAR HOUSE # 3-C/1 BLOCK C SATTELITE TOWN.610 82. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 113 MOHD REHAN SHAIKH H NO A/116-34-203.377 - 528.178 132 IMRAN MAHMOOD 99-B PCSIR HOUSING SOCIETYPARK-I LAHORE 3520264522549 453.664 134 SHAHID ANWAR B/181SECTOR 11/BNORTH KARACHI.301 115 S REHAN SHAH B 9 FARHAN SQUARE SECTOR 15 A/5 BUFFER ZONE NORTH KARACHI 67/C 11TH COMMERCIAL STREET PHASE II.231 476.186. SOCIETY KARACHI 4240119359169 499.157 - 525.183 63.939 26.254 - 1.pk 87 .827 37.827 77.419 83.058 453.301 - 518.276 - 970.188.766 - 486. D.standardchartered.759 - 660.444 - 521.340 22.880 - 520.154 128 HASAN SAEED H NO 16.186 - 683.465 9.097 - 473.103.763 84. BLOCK HNORTH NAZIMABAD KARACHI 4210163939657 495.244 56.

4ISLAM PURA DHOBIGHATFAISALABAD 3310040414731 484.290 202 JUNAID ULLAH SIDDIQUI H NO 539. ST NO.261 200 ARSHAD ALI H-2 BLOCK-7SEC F-7/2ISB RANA MARKETISLAMABAD 6110190354531 626.REHMAN D-71 BLOCK 4GULSHAN-EEIQBAL KARACHI 4220104140081 513.571 224 MEHFOOZ AHMAD H # 1CHITTAN ROADJHELUM 3730188372517 365.634 12.658 445.909 - 576.185 10.716 102.973 83.826 - 517.387 - 592.618 - 461.690 89.198 218 M ASKARI HOUSE C-227BLOCK-6F.000 201 M FAISAL MUNIR S W 105 R 23RAI LIGON ROAD NEARVETERNARY COLLEGELA 3520219467515 488.902 642.347 223 MUHAMMAD HAFEEZ H NO.163 208 HILAL A SIDDIQUI B 332BLOCK 14GULISTAN-EJOHAR KARACHI 4220107416591 464.809 52.582 222 ADNAN REHMAN KHAN 3610379404895 479.508 82.566 559.703 - 584.840 9.050 638.708 589.B.AREA KARACHI 4210116699069 716.684 483.781 - 657.034 - 618.668 97.520 75.P-12. GULBERG 3520228060823 454.137 - 398.895 461.294 213 MALIK BABAR ALI KHAN 4220134290665 445.522 10.855 - 539.021 221 BILAL AHMED H NO 9 KOHINOOR MILLSPESHAWAR ROAD RAWALPINDI H NO 13 A AHSEN COLONYSURAJ MIANI ROAD 6110122254657 488.751 451.631 - 532.772 84.020 95.591 - 548.410 - - 479.489 462.587 83.832 454.655 - 543.83 ST NO.378 97.644 461.465 11.416 - 643.020 - 539.040 147. ROAD BLK 7/8. GULSHAN-EIQBAL 4220164226179 481.367 123.264 494.966 205 M.417 486.929 10.025 10.203 219 MOIZ AHMED III/A/12/4NAZIMABAD KARACHI 4210182839931 499.319 28. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amounts in Rupees Amount Written off / Concession Interest/ Mark up Others Total Balance 197 TARIQ MAQSOOD NAJAM H NO 1471 ST NO 19MAKKAH COLONY GULBERG III 3520259776019 479.751 - - 365.260 - - 481.13 MUHALLAH GUJJAR PURABAGHBANPURA 3520172637641 452.815 85.785 - 493.451 78.086 8.381 - 633.MAQDDAS SH FAYAZ ROAD.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .653 - - 488.NOOR SOCIETY BLOCK-19 FEDERAL B AREA NEA 3520238759277 378.952 - 417.239 - 748.526 378.633 - 493.446 - 584. AMBER HEIGHTS LAL MUHAMMAD CH.264 454.710 - 730.730 441.844 - 492.522 - 579.739 65.003 209 AHMED U SHABBIR 322-A CANAL VIEW HOUSING SOCIETYTHOKAR NIAZ BAIGLA 3520229695145 482.574 153.653 500.194 531.757 77.260 152. 16 NEAR GAS FACTORY SWAMI NAGAR 45 3520225160063 370.201 102. 11 ST NO.151 498.470 14.305 9.429 - 748.250 498.264 94.175 91.456 370.241 - 308.260 466.636 - 609.1 Amounts in Rupees Sr.473 - 478.264 - - 479.367 - 449. KARACHI.122 - 509.310 - - 452.734 204 M ABDUL GHAFFAR FLAT NO C-52SUNNY HEIGHTS BLOCK 20RASHID MINHAS RO 4220104364013 478.716 - - 454.021 93.083 - 579.BLOCK-3. H NO 324 ST NO 49 G-10/3 4200078811897 420.027 10.192 14.234 212 MUHAMMAD YOUSAF PLAT NO A-59 FLAT 103 C-P BEARAR SOCIETY KHUDIJI PALACE A-31. SECTOR 36/CKORANGI NO 05 4220180441393 479.449 206 MOHD NAVEED JAHANIA 392 BLOCK Y DHA 26561051931 302.637 - 524.040 16.294 203 SHAHZAD GHANI SH H # 92/ESATELLITE TOWNE BLOCK RAWALPINDI 3740575937847 438.043 29.855 215 MOHAMMAD YOUNUS H NO.306 210 IJAZ AHMAD H NO.761 109.497 - 536.946 - 556.463 90 SCBP Annual Report 2009 .310 482.417 - - 484.870 550.427 214 AZMAT ALI 179-F RAJA CENTER MAIN MARKET.238 - 600.282 - 528. 34.716 454.744 198 NADEEM YOUSUF H # A-1. No.346 199 SYED SALEEM SHAH 4310201739073 496.574 38.167 - 498. ST#48 AL.544 - 679.410 499.704 9.778 460.319 169.676 485.151 - - 479.644 - 428.461 211 KHURRUM JAWAID H # 6KHAYABAN-E-IQBALF8/3ISLAMABAD 6110170144521 586.339 216 IRFAN HAIDER SHAHBAZ HAIDER DYNEM HOUSE.283 - 532. SHOP NO.416 - 639.264 - - 454.437 207 SHOUKAT HAYAT SAIMA HEAVEN A 203BLOCK 4 GULSHAN E IQBAL KARACHI 51853586925 469.HASEEB-UR. NEW ANARKALI.870 - 488.662 89.771 - 582.629 6.205 217 IRSHAD MEMOOD 3110485425815 454.172 - 590.065 - 506.984 83.479 - 535.774 105.612 220 IRFAN MANZOOR 127 VDHA LAHORE 3520196842223 483.482 - 557.

495 - 588.831 154.142 499.283 9.074.861 499.069 10.839 - 612. 3RD FLOOR.162 - 458.374 - 581.029 108.020 111.142 - - 488.409 462.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .696 - 534.861 - 501.118 498.790 83.242 - 484.813 231 UZMA KHALID KHAN 72-J GULBERG-III LAHORE 3520222310254 491.426 - - 557.831 499.967 12.436 - 562.432 583.891 94.855 236 MUKHTAR HUSSAIN H NO B-3.383 242 SYED MUHAMMAD ASLAM C-7.080 243 NISAR AHMAD 3520284752663 438.661 10.403 100.705 84.914 226 MH ZEESHAN WARRAICH H NO 25-E ASKARIAPPARTMENTSBRIDGE COLONY CANTT LAHORE FLAT # 401-4TH FLOOR.359 - 491.378 230 NASEER AHMED B 401 BEACH BLESSINGBLOCK 2 CLIFTON KARACHI 4200005677151 599.669 - 584.901 250 SYED MUHAMMAD IRFAN 458 BLOCK 7/8CP BERAR SOCIETY KARACHI 4220103786233 454.476 - 447.958 29.340 238 GHULAM JILANI KHAN 4210168926005 685.108 437.1 Amounts in Rupees Sr.924 449.426 701.360 89.750 501.HUMA HIGHTS DEPOR SOLDIER BAZZAR 61/2 LANE 24 PHASE 7DEFENCE HOUSING SOCIETY KARACHI 3660388909719 449.B AREA 4210110836657 488.591 240 SALEEM AZIZ H.755 123.NO.368 252 QASIM ALI SHAH B-52 BLOCK 13F.907 578.326 14.200 462.762 95.331 82.851 - 443.149 237 MUHAMMAD IQBAL FLAT NO B-2 PLOT NO 10CSTREET NO-36 TAUHEED COMME A 389 BLOCK CSHAHRAH E FATEH \NORTH NAZIMABAD KARACHI H # 76MARGALA ROADST # 17F6/2ISLAMABAD 4230197222743 482.584 110.1-S/33 ST NO.076 - 494.676 - 590. BLOCK 20F.607 479.899 - 700.578 12.52/A LANE NO.381 493.358 89.776 588.438 www.502 9.432 - - 663.118 - - 496.515 - 563.860 58.195 32.155 234 TAHIR USMAN B-209.190 239 MAHBOOB ALAM 6110195680703 830.922 - 696.425 704.916 - 516.com.933 92.477 244 SYED ALI QAMBER H # B 122NEAR FIRE BRIGADESATELLITE TOWN RAWALPINDI 150 1 ST NO 1NEW SUPER TOWNCANTT 3740596691353 584.767 - 705. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 225 FARRUKH MUSTAFA HOUSE NO 1950 C/1 STREET NO 7 INDUS ROAD NO 2 TARIQ ABAD 21072069954 434.218 12.000 246 ABDUL WAHAB PLOT NO 76/2HOUSE NO 6TAJ TERRACE OVERSEAS SOCIETY 4220103119279 476.453 90.412 - 508.188 601.341 - 591.827 - 835.223 599.408 - 693.409 - - 469.100 - 592.791 - 857.283 229 AQRAR AHMAD RANA H NO 7ST NO 7NABI PURAMUGHAL PURA LAHORE 3520157061919 599.689 8.699 - 812.B AREA KARACHI 4200068438713 484.388 - 1.998 81.887 107.286 - 871.887 - 590.171 639.305 247 AFTAB HUSSAIN A 143 BLOCK 'L' NORTH NAZIMABAD 50288025124 919.985 - 571.558 10.BLOCK 6 GULSHAN E IQBALNEAR DISCO BAKERY KARACHI 87-SALEEM BLOCKITTEFAQ TOWNMULTAN ROAD LAHORE 4220167208773 496.093 585.219 248 AQEEL AHMED HOUSE NO 42/1STREET NO 9SECTOR IIAIRPORT HOUSING S 3740536231119 469.587 - 499.831 - - 324.2JOY SHAH ROAD SANDA KALAN LAHORE 3530219438965 441.705 233 MUHAMMAD INTAZAR 3520230068431 489.540 434.001 919.295 97.221 - 612.099 - 699.814 89.068 23.065 - 596.005 - 596.7 TULSA ROAD 3740503111911 594.632 8.277 501.363 130.055 17.035 816.762 9.381 - - 441.663 671.750 - - 489.standardchartered. No. JUMANI ARCADE BLOCK 14 GULSHAN-EIQBAL 20 ST 42 TAGORE PARK89 MECLEOD ROAD LAHORE 4220154068835 766.198 - 611.840 9.295 241 SHAHID NAEEM IQBAL H# 186 ST# 78 G-11/2 6110114647703 663.831 99.634 494.360 232 HUSSAIN EHTSHAM 79-B AIR AVENUEHOUSING SCHEME DEFENCE ROAD LAHORE H NO.309 55.791 - 589.276 18.302 245 RIZWAN UL HAQ 3520182512503 497.930 499.244 16.609 93.392 - 587.510 - 777.595 228 KAMRAN AIJAZ 4200004974953 557.611 116.582 - 621.331 88.014 251 FAISAL SALEEM SYED 3-UPPER JANAK NAGAR MULTAN ROAD 3520204757919 489.267 249 ARSHAD SOHAIL HOUSE NO AA1392/BSTREET NO 15GHULSHAN ABAD RAWALPIN 3740554605189 589.141 89.401 227 MUHAMMAD RAFIQ 4220119158871 840.836 - 795.533 235 EJAZ AHMED 3520217127629 324.277 - - 497.725 - 938.427 489.025 - 656.803 - 889.881 - 689. PLOT # 133.511 26.435 - 582.pk 91 .868 - 531.

SABA COMMERCIAL AREA PHASE V.798 - - 513. ST NO 18-A MEHMOODABAD NO 05 4230111144215 525.840 - - 615.807 - 591.284 670.508 272 JAWAD KHURRAM RIZVI 6110143825881 628.593 579.752 539.942.1 Amounts in Rupees Sr.432 - - 578. 302 3RD FLR. NEAR HASAN SQUARE. D.896 - - 516.739 1.668 - - 628.984 - - 670.A USMAN TRADERS SHOP # 83 MAKKAH C LOTH MARKET RAJA BAZAR PIR KOT HOUSE 21/2 KH-HAFIZ PHASE-5 D.H.696 277 M SALEEM MALIK 3-S TRADERS 42-MAIN TEMPLE ROAD PUNJAB SHADI HALL 3520223232707 533.930 128.593 - - 563.070 - - 521.520 565.051 543.084 - 691.802 - - 546.203 92 SCBP Annual Report 2009 .569 935.646 592.284 569.894.854 665.805 265 MUHAMMAD HANIF SUIT NO.886 - - 558.001 263 ABDUL WAHEED SUB LIME ADVERTISER 12DURRANI M ANSION ROYAL PARK 3520254339591 612. AL ASAR CENTER BLK 13-B MAIN UNIVERSITY RD KARACHI.809 273 SAEED ASLAM 3520102841631 932. GULBERG 3520114669594 549.739 - - 1.318 - - 529.501 - - 530.852 266 MUHAMMAD AMIN 4220186445997 643.051 - - 519.854 - - 643. ST NO 14 ASKARI VILLAGE.H.508 - - 559.894.802 559.696 - - 569.752 - - 524. HOSUE # 16-D PECHS BLOCK 6 NURSERY MARKET NEAR GUDDO TOYE SHOP U-A-INTERNATIONAL.808 - - 529.784 - - 626.455 - 509.432 592. 302 3RD FLR.685 - - 567.284 - - 612.506/507 UNI CENTRE I.497 275 TASNEEM FARHAT SPS EECURITY GARDE SECURITY HOUS E 18-F BLOCK 6 P E C H S OPP UNI ON BANK FLAT NO 101 SAIMA CASTLE PLOT 162-D BLOCK 3 P.092 - - 564.665 280 MARYAM SAEED H NO 50.639 - - 572.054 563.501 569.882 559.815 254 TALIB HUSSAIN HOUSE NO P/988 D/1 MUHALA ANGAT PURA SAIDPUR ROAD 21288068673 579.S 4220105740284 534.894 547.284 - - 569.882 - - 530.744 - - 533.896 525.058 - - 555. No.318 258 WAQAS KHALID WAQAS GARMENTS SITYANA ROAD NEAR SERVIS SHOES 3310628242439 519. MAJID TYRES SHOP NO 6 NEAR NAULA KHA POLICE STATION 4210126268117 516.H.092 615.569 - - 932.885 - 721.800 112.029 - - 559. AL ASAR CENTER BLK 13-B MAIN UNIVERSITY RD KARACHI.E.237 567.284 - - 569.054 - - 525. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Amount Written off / Concession Interest/ Mark up Others Total Balance Principal 253 MUHAMMAD MANSHA HOUSE NO 262STREET NO 79SEC G-11/2ISLAMABAD 6110197750659 498.984 264 SHAHID AHMED SHAHID AHMED B/40.070 529.CHUNDRIGAR RD KARACHI-2417257.029 261 SH USMAN SHAHZAD 3740503225175 587.665 - - 563. FIRST FLOOR WALLAYAT PLAZA MURREE ROA D CHIESI PAKISTAN 57-A BLOCK G GUL BERG III LAHORE PAKISTAN 3630277749691 546.839 558.001 - - 592.520 - - 549. ALAZAM APPT.840 279 MUHAMMAD ISMAIL H NO 1018.168 681.C.668 643.798 529.203 - - 565.501 276 MUNAWAR ALI 4220144010277 530.713 267 ANJUM SHAHZAD 4220107966489 1.I.057 - - 555.135 - - 618.715 11.685 262 AKHTAR H JAFRI 4230174654361 578. 4210114970867 621.497 - - 539.058 271 MUHAMMAD SIDDIQUE MULTAN COTTON COMPANY ROOM #11 1ST FLOOR TRUST PLAZA OPP.808 257 WAJID ALI SHAH 3520281857883 521.272 256 MUHAMMAD HANIF 50174030533 513.A 4200004541675 530.346 259 ARIF SEAR PROGRESSIVE KNITWEARS PVT LTD 23 K M FEROZEPUR ROAD 3520223175027 535.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .855 268 M AAMIR SHAH 3520234118931 618.358 274 KAMRAN SADIQ SHOP # B-IV-640/2.284 270 SH BABAR AMEER 4 MAIN HALL ROAD 3520116144771 555.805 - - 681.713 - - 665.191 11.784 269 FAKHAR AYUB QURESHI 72-NARGIS BLOCK ALLAMA IQBAL TOWN 3520227239409 569.MUSLIM TOWN CHIRAH ROAD 3740566736127 524.522 579.839 - - 535.809 - - 643.855 - - 1.744 572.942. H NO 23-B TARIQ BLOCK NEW GARDEN TOWN 4210188603383 563.501 - - 547.886 260 ABDUL LATIF BUILDING NO 4-C. CENTRAL TELEPHONE EXCHANGE HAIER PAKISTAN PVT LTD 60.272 - - 525.884 255 AMIR ALI ALYNTO APPAREL 452 SUNNY PLAZA 4-FLOOR HASRAT MOHANI ROAD KARACHI SUIT NO.168 - - 621.358 - - 935.346 - - 543.057 555.237 - - 587.639 278 CH M RAZA IQBAL 24-RASOLL PARK SHAMA ROAD 3520014708801 564.135 626. 1ST FLOOR LANE NO 1.852 - - 579.894 - - 534.

411 - - 511.818 - - 606.217 - - 598.001 - - 557.056 - - 638.266 706. ONION & POTATO SECTON NEW SABZI MANDI SUPER HIGHWAY WANHAR BUSINESS & ENGINEERING 1S T FLOOR 314 ST NO 14 CHAKLALA SCHEME 3 MUDDASAR AHMED HOUSE NO.908 - - 550. NLM BUTT SAHIB CHANAY WALAY AL RAHEEM TECH SHOP NO 11 GHOUS IA MARKET BLOCKC NORTH NAZIMAB AD H NO Y 477 ST NO 12 DHOKE RATTA IMAM BARA 3520113952721 617. FAZLIA COL ONY.053 - - 608.593 - - 701. P.396 303 MUHAMMAD ALI CHEEMA OFFICE # 3 BLOCK # 11 SHAH NAWAZ PALAZA G-11 MARKAZ 6110178294043 406.628 - - 517.866 285 RAJA WASIM AKRAM 3740550083767 598.140.136 630.452 304 S M HANIF SHAH PINK PHOTOSTATE SHOP SHOP NO1 P ARIYA STATE KHARADAR NOORANI ME NTION OPP STAR MEDICAL STORE HOUSE # 53/III.529 295 RIFAT HAYE 60-A AHMED BLOCK NEW GARDEN TOWN LAHORE 3520270515538 692.407 685.615 606.866 - - 594.594 - - 671.870 674.775 - - 485.217 656. T. NASEERABAD F B AREA 4210122604001 545.228 - - 706.085 - - 529.FLAT#203 2ND FLOOR. BLOCK D-4.492 - - 502.605 294 ABDUL MOHSIN NAEEM 3830211985539 576.145 671.BLOCK 32 GAL AXY ARCADE G-11 MARKAZ B-52 BLOCK 13 F B AREA 6110101157841 591.624 - - 640.228 300 ABDUL RAHIM MACQUINS INTERNATIONAL F2/H.780 - - 558.390 585.881 284 NOORUDDIN SAMJI 4200025758615 533.589 594.335 - - 469.180 517.081 538. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Amount Written off / Concession Interest/ Mark up Others Total Balance Principal 281 ATIF UDDIN HOUSE NO R/225 BLOCK 14. No.202 290 IFTIKHAR AHMED 4130423044097 485.022 301 MIR SAJID NAWAZ 6110145215027 550. FEROZ PURA ROAD.589 - - 533. 13D-1 GULSHAN -EIQBAL.407 - - 576.473 - - 551.289 - - 591.615 - - 579.T.230 305 ALI AHMED 4230149487503 476.174 307 SHAHZAD SIDDIQUE CH 4.718 - - 528. STREET NO.411 608.230 - - 541.745 540.594 283 FAISAL NASEEB 3520221903473 504.022 - - 524.056 701.809 302 M MASOOD KHAN 33-F MAIN MARKET GULBERG 2 3520225427345 569.362 - - 899.094 - - 630.174 - - 775.780 561.877 517.775 557.136 - - 545.085 287 IRTAZA MALIK AWAN 3740503494819 558.394 293 CH KHAWAR BASHIR 3310004828139 502.081 - - 504.335 541.394 - - 1. 20554422509 899. REHMAN COLONY MEHMOODABAD BUNGLOW NO A-11 RUFI COTTAGE.390 - - 519.599 286 SAEED ABBAS SHOP NO 10.745 - - 480.578 551.133 710.standardchartered.857 - - 585.202 - - 540.I.056 - - 557.599 - - 656.5 KM JARANWALA ROAD KHURRIAN WALA 3310010173311 528.396 - - 674.E H NO 8/B (BEHIND HOUSE # 8) NISAR ROAD WESTRIDGE II 4230193070351 443.2 HAJI PARK REHMAN PURA 3520292659405 667.239 - - 443.870 - - 569.492 546.com. NISHTAR RD.908 581.094 282 TAUQEER UR REHMAN MAPCO E-453 MAIN BOULEVARD DEFEN CE NEAR ADIL HOSPITAL LAHORE CANTT H#15 ST#4 REHMAN STR.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .624 297 QASIM ALI SHAH 4200068438713 579.C.070 - - 525.pk 93 .809 - - 581.718 557.140.266 - - 585.239 524.056 308 PRINCE SALIM KHAN H NO 82 F-6-2 MARGALLAH ROAD 7150273727585 511.605 - - 546.L INDUSTRIAL COMPLEX NEAR UN ILEVER PAKISTAN S.001 291 HABIB UR REHMAN 6110178903659 515.B8.628 292 HAFIZ ABDUL GHANI HAFIZ ABDUL GHANI NEW PROPERTY MAHAL CHAUDHRY YAQOOB PLAZA CHAK NO 248/R B NAYE ABADI BISMILLAH PUR POST OFFICE KHAS 292 K-3 WAPDA TOWN OPPOSITE VALENCIA TOWN GATE.881 - - 538.145 - - 617.289 640.10.529 - - 685.133 - - 692.877 - - 406.778 - - 710.070 529.857 289 MOHD SALEEM 4220107212485 480. 33RD STREET PHASE V EXT DHA 4230114495803 469.860 288 MUDDASAR AHMED 4230172860765 519.362 1.AL-MADINA ARCADE BLOCK 5.778 296 KASHIF QUDDUS AL-KAREEM ASSOCIATES AND BUILD O FFICE # 1 2ND FLOOR.578 - - 476.648 775.180 - - 515.1 Amounts in Rupees Sr.473 306 ABDUL QAYUM H.593 299 SALMAN MALIK 3520259043407 585. 3520228734597 638.648 - - 667. KARACHI PLOT#B-C 20.053 www.452 - - 517.860 - - 561.KEHKASHAN CLIFTON HOUSE NO 1071 ST NO 23 G-11/1 4230134734481 525.818 298 KHAWAR MAQSOOD LUCKY PLASTIC HOUSE 11-E SHAHALA M MARKET NEAR ALFAROOQ HOTEL LAHORE MASTERS COVERING 4/1.

415 - - 618.999 - - 786.747 318 RAHMAN KHAN 644.007 565.882 - - 497.669 - - 663.417 617.108 618.386.B AREA 4210115559857 509.189 582.858 578.269 - - 424.882 579.824 - - 51.739 - - 466.C.623 - - 792.340 94 SCBP Annual Report 2009 .821 - - 549.325 507.962 - - 627.147.858 - - 438. F.504 561.185 317 M ASLAM KUSHTIWALA ASLAM TRADERS SAWOD CHAMBER SAWAMI ST HASSAN ALI AFANDI ROAD 3RD FLR KARACHI H-1 GROUND FLR GALLANT SUMMIT GULSHAN-E-IQBAL BLK11 NEAR NIPA KARACHI HOUSE NO 105-H BLOCK 2 P.623 319 ASGHAR ALI ARAIN 4220105504383 446.011 335 MUZAMMAL HUSSAIN 3520224974169 445.037 1.B AREA SAWOOD CHAMBER SAWAMI NARAIN STREET HASSAN ALI AFANDI ROAD KARACHI EFU LIFE ASSURANCE 20-B NORTH STAR PLAZA REHMANABAD RAWALPINDI HOUSE#9/1.569 - - 620.007 - - 498.338 - - 563.415 330 GHULAM ALI 4240120056247 466. 309 Name Address Name of Partners / Directors NIC / CNIC 4220141853923 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 503.897 326 SH ZAHOOR AHMAD 3520276871283 474.994 312 SYED PERVEZ ALAM 94/1 6TH STREET PHASE-VI 4230188826027 616.076 - - 616.343.238 - - 509.294 333 MUHAMMAD ASLAM 4230186130237 423.338 511.824 - - 553.932 603.162 - - 662.576 572.380 324 M M NASIR JAMAL H # A-55 SEC-14-B SHADMAN TOWN NO 2 NORTH KARACHI 4210117280481 663.994 - - 556.549 332 SYED SHAUKAT RAZA 4210105948363 548.095 320 ASIF SAIGOL FLAT NO.634 - - 474.897 - - 565.1.S 4230186130237 424.747 - - 563.052 314 JAHANZAIB MINHAJ C-35. Q BLOCK EXT MODEL TOWN 3520294159357 563.824 1.1 Amounts in Rupees Sr.147.961 334 SHAHID MUKHTAR 3740520053375 51. MOHAMMAD HAMID CHOHAN 5A/2/2-2ND A GIZRI STREET PHASE-IV DHA KARACHI U FONE (FRANCHISE) A-9.999 325 RAHMAN KHAN RAHMAN TRADER H-1 GALLANT SUMMIT BLOCK 11 NEAR NIPA GULSHAN E IQ BAL 16 BASTAMI ROAD SAMANABAD 3520259883323 498.909 - - 509.269 563.569 323 RAHAT HUSSAIN R-238 Z-6.E.568 - - 579.052 - - 594.932 - - 548.037 - - 1. ABDALI RD.824 322 M SHAHBAZ SHARIF GENERAL TRADING COMPANY AL FAISA L MARKET FACTORY AREA 3310025188611 533.962 315 ABDUL SALAM USMAN GHANI ELECTORNICS SHOP# 21.238 556.353 - - 569.417 - - 489.108 - - 474.380 - - 599.PLOT NO.095 - - 507.325 - - 446.KARACHI H # 9-A ST # 7-A SHAH STR.353 553. ICHRA AL QAIM INTERNATIONAL MANAGMEN 1 4-S 2ND FLOOR SAMAN ARCADE FIRDO US MARKET GULBERG 111 4230160858655 474.504 - - 423.821 327 M SOHAIL H NO 558 GG DHA PHASE 4 CANTT 3520119181823 497.H. SECTOR W-4 GULSHAN E MAYMAR 4210116378903 551.279 620.076 662.576 - - 445.933 503.568 328 YAWAR RASHID BHATTI 298-A.549 - - 617. ISLAMPURA 4230159683455 438.340 - - 574.574 - - 652.PHASE VII DHA.059 IRFAN DAUD E-8/1 BLOCK-17 GULSHAN E IQBAL 550.449 - - 665.325 594.428 336 MADAH HUSSAIN 3520014212895 466.189 - - 466.85/C KHAYABAN-E-JAMI.# 7 .585 792.H.HAMID CHOHAN 4230111060831 489.739 574.279 - - 533.059 310 MIAN EJAZ AHMED 20 ITTEFAQ VILLAS.909 599.998 321 NADEEM ABBAS BUTT 3520224845061 569.449 576.574 329 ASIF YUNUS PLOT # 885 HOUSE # 178/B STREET # 15A MEHMOODABAD # 4 KARACHI SAFI ELECTRONICS SHOP # 5 JACKS ON CENTER.998 - - 578.669 786. IQBAL ANWAR STREET HAMEED ALI PARK PIR GHAZI RD.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .001 - - 582.961 - - 561.428 - - 572.572 311 ASIF FREED H NO D-24 BLOCK 6 F. GHAZI CO MMUNICATION ABBAS SQUARE BLK.933 Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 550.162 313 MUSSAWIR HUSSAIN HOUSE# 111 R DHA LAHORE 3520193715779 566. JACKSON MARKET KEMARI FERO INDUSTRIES PROP. PHASE-5 D.617 - - 611.185 - - 576.572 - - 511.680 627.585 - - 644. LAHORE 3520115224759 611.011 - - 1.A.634 549. No.325 - - 566.617 652.001 331 M. GULSHAN E MAYMAR 4250161300331 509.294 - - 603.386.680 - - 551.AL NAFEESA MARKET ABDUL HAROON ROAD SADDAR KARACHI 620-D CANAL VIEW HOUSING SOCIETY 4230109811359 1.461 316 IMRAN MAHMOOD 3520264522549 665.343.461 - - 1.

RASHID MENAZ RD KARACHI 70/II COMMERCIAL AVENUE PHASE-4 DHA KARACHI-75500 50152442234 512.WESTRIDGE 1 NR.421 660. DHA KARACHI.520 643.561 - - 528. ZAHEER BAWEJA HOUSE NO 21. Name Address Name of Partners / Directors NIC / CNIC 3310041531955 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 404.829 679.558 - - 637.517 529.220 337 ARIF ALI H NO 2576 BLOCK 44-D SAMNABAD 338 ABID MEHMOOD HAJI AZAM WOOD WORKS SHOP # 26-7 .638 - - 640.561 363 AFTAB HUSAIN SAMIA MOTORS ST 5 RAHIMABAD BLK 14 F B AREA NEAR AZIZABAD T E KARACHI CASH DEPT STORE SUPPER MARKET ISLAMABAD 821616 4210116872113 386.462 359 M YAQOOB RAJA HOUSE NO D-80 BLOCK 4 GULSHAN-E-IQBAL 4220173762881 464.300 - - 633.444 - - 559.850 - - 564.738 512.502 - - 238.495 364 HUSSAIN SABRI 6110147510481 422.265 - - 508.075 360 SHABBIR AHMAD MUKHTAR TOWN ALI TOWN HAKEEM ABDUL QAYUM WALI GALI PURANNA SHUJAH ABAD ROAD HOUSE#547 MOHALLAH RACE COURSE RD. 413/1 SECTOR S PHASE 2 DHA LAHORE 3420104718839 238.714 - - 484.188 - - 580.671 - - 476.188 693.ST4A.671 600.S. KMCH SOCIETY ALAMGIR ROAD 3630203660353 468.826 - - 326.520 - - 512.220 Amount Written off / Concession Interest/ Mark up Others Total Balance 613.standardchartered.990 - - 580.649 633. AJMAL CENTRE BATALA COLONY THE URBAN INSTITUTE DTW PROJECT H# 7 A & B STREET# 45 F 8/1 ASLAM TRADERS MOBILE CARE 71 GRO UND FLOOR TRUST PLAZA CASH DEPARTMENTAL STORE SUPER MA RKET SECTOR F-6 4230190068753 201.777 585.918 559.882 589. 14-C 21ST COMM.453 344 MR M FAHAD 3310008602913 113.MEZZANINE 1.882 - - 498. CHAMB ER 76 ESTATES AVENUE SITE 413/1 SECTOR S PHASE 2 DHA LAHORE 3740584620747 55.963 564.864 - - 201.634 - - 512.421 - - 55.762 - - 113.395 515.PHASE 2 EXT.ANJUM ROAD RAHMAN & RAHMAN.024 356 A U R SHAIK 4220184078919 476.965 362 ZAHEER BAWEJA 4220186950873 376.948 - - 643.ST.418 348 SAJJAD MAHMOOD MIRZA TRADERS SHOP NO 9 NISHAT P LAZA 69 ABDALI ROAD ISLAM PURA F ARAN HOSPITAL & POLICE STATION HOUSE NO: 671/6 MAIN LINK ROAD SHOKAT ABAD RENALA KHURD BYPASS NEAR O KARACHI HOUSE NO B/309 BLOCK 6 GULSHAN E IQBAL 3520226487661 407.371 - - 468.075 - - 562.017 - - 577.517 - - 407.371 637.829 - - 178.495 - - 515.635 357 KAMRAN A QURESHI 4200004974953 455.826 584.034 - - 376. PHASE # 5 4230105105790 498.JINAH ROAD CITY MARKET HOUSE NO 9/1 IQBAL ANWAR STREET HAMEED ALI PARK PEER GHAZI ROAD ICHRA LAHORE AL TAMEER ESTATES 108-S. BILAL AHMED 3310007834485 488.017 346 M ASLAM 3840321973565 142.506 - - 542.com.583 - - 660.677 577.L-17.WESTRIDGE POST OFF.835 342 N H MISTRY 91/1 23RD STREET OFF KHAYABAN-E-RAHAT PHASE-6 DHA KARACHI KINGS ESTATES KINGS STATE ADVISE R JARAHI STOP ADYALA ROAD FAHAD COMMUNICATIONS MOBILINK FRANCHISE 289/1.418 - - 693.107 562.963 - - 462.502 673.930 349 M NADEEM ASLAM 3520268734655 336.034 528.1 Amounts in Rupees Sr.189 - - 142.506 354 EJAZ AHMED 87-SALEEM BLOCK ITTEFAQ TOWN MULTAN ROAD 3520217127629 243.087 - - 589.189 649.259 Principal 613.265 613.558 361 SYED SOHAIL SHAH 3740561114411 - - - - 758.714 580.300 355 SYED RAHEEL IMAM CHENAB DISTRIBUTORS CHENAB DISTB UTER GHAREEB PURA.583 345 KEVIN MAXWELLCURNOW 204.501 - - 621.638 358 DR.898 340 TAHIR RAFIQ 4210142354649 462.259 404.738 - - 422.462 - - 585.583 - - 636.948 353 SYED IQBAL ZAIDI 4230160027993 429.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .835 - - 679.453 - - 613.286 - - 429.184 640.898 - - 584.677 - - 204.918 - - 336.444 350 TAHIR USMAN 4220167208773 484.634 www.395 - - 386.850 341 BILAL AHMED 3310007834485 178.pk 95 . No.777 - - 488.649 - - 243.BLOCK 21 FEDERAL B INDUSTRIAL AREA KARACHI NATIONAL MEDICOS.864 621.930 - - 529.762 636.024 - - 673.184 - - 455.990 351 ALIYA BIBI ALIYA BIBI ? HOUSE # 12/B.965 - - 758.815 - - 649.107 - - 464.815 347 HUSSAIN SABRI 10162290610 580.286 542.635 - - 600.087 352 MOHAMMAD ASKARI BANGLOW SU-75 BRIGADIER HOUSE ASAKRI 4 .501 343 ASIM NAZIR MALIK 3520259108501 508.583 339 MUZAMMAL HUSSAIN 3520224974169 326.

KURI RD S.744 392 GHULAM HUSSAIN HOUSE# 583.819 755.856 5.STREET# 4.719 535.BLOCK#21.696 579.947 523. GULISTAN-E-JOHAR KARACHI 4250119945427 627.681 21.DHA. TENCH BHATTA FARDOOS STREET RAWALPINDI 3460193513197 574.346 Amount Written off / Concession Interest/ Mark up Others Total Balance 845.647 383 MUHAMMAD ISHAQ H#3-2-16 ST#6.486 - - 633.034 388 MUHAMMAD NAJAM KHAN 4220186756811 598.488 474.050 - (3. 3840320734897 527. GULSHAN-EIQBAL.095 537. BLOCK# 16.091 380 RANA MUHAMMAD AZEEM HOUSE NO 89.130 ST NO 5.756 379 FAIZAN ALI AGHA AGHA HOUSE SATRA MEEL LATRAR ROAD ISLAMABAD 6110118689783 822.999 377 TAHIRA JABEEN SECOND FLOOR.F B AREA.647 5.980 559.103) 519.999 - - 657.054 - (2.564 376 M SHAFIQUE HOUSE NO DPN.900 7.050 - (3.601 20.673 20.206 8. FARAZ VIEW BLOCK 13 GULISTAN E JOHAR 3740505064749 788.071 588. GRON.A KARACHI HOUSE # 10-E-BLOCK.339 666.111 4.564 - - 587.302) 571.699 - 519.013.116 - - 480.428 - - 570.036 33. 14TH STREET.746 1.346 381 KHALID MOHAMMAD MOHALLA MIRRAGE PUR. 501 STREET NO.HAWKS NOY ROAD.046 4.028 - - 1.339 - - 422.944 - - 543.505 674.695 782.795 28. 19 6110194562477 480.546 - 548.700 - 674. SAMBRIAL SIALKOT HOUSE#812/C1. PHASE# 5.346 365 ABDUL HAKEEM HOUSE # 39 BLOCK # 9C MUSHARRAF COLONY HAWKS BAY SHOP NO 5 FEROZ SQUARE BAHADURABAD 366 NADEEM ANWER 4220141841963 458.NEAREST ANARKALI SHOPPING CENTRE A-4.194 834. G-11/1 ISLAMABAD 3510134557237 633.944 375 SEHAM HUSAIN 15 B M A SOCIETY KARACHI 4220106236466 587. BLOCK# 13.944 - - 543. ST NO 159.074 - - 527.325 528.555 374 GHULAM MUQTIDAR J 178 EMECHS MULTAN ROAD LAHORE 3520255323135 543.761 - (273) 486.730 650.422 572.425 96.369 643.999 - - 657.083 799.885 544.492 - 607.097 - (722) 587.206 - - 750.115 12.074 501.316 386 CHAKAR ALI 4320375544623 644.427 23.564 - - 587.428 531.197 11.147 382 NASIR MEHMOOD AWAN 3740502304045 486.LATIF SQARE.746 - - 44.TOWN RAWALPINDI 12352235388 657.390 378 SHEIKH SAIF UR REHMAN 3740504593925 567.564 587.103) 519.947 371 ZILL HASNAIN 3740541102661 570.944 543. FLAT# A-403.458 390 QASIM JAHANGIR G-35/7. 4230150435204 588.874 - (16.028 370 SHABBIR HUSSAIN 6110126152025 523.320 384 MUHAMMAD TAHIR SHEIKH HOUSE #186.096 507.338 6.608 27.349 - 758. BLOCK B.505) 627.286 - (29.480 - - 641.206 750. KAYABAN-EBUKHARI PHASE#6 D.799 - - 567.135 - - 579.497 539.777 12. No.341 387 FARAZ ISRAR 4210180139497 670.885 Principal 845.610 15.542 - 519.827 567.486 513.452 23.095 - 835.307 - (17.224 373 MOHAMMAD ASHRAF ZIA 3310680224401 750.650) 604.480 369 MUHAMMAD ABBAS HOUSE# 22 STREET# 1 BASTAMI ROAD SAMAN ABAD NEAR AL ZAIB BEAUTY PARLOR H NO 2 BLOCK NO 5C MOHALLAH PIMS COLONY SECTOR G 813 ISLAMABAD HOUSE NO 110 GHOSIA COLONY F BLOCK SATELITE TOWN SAIDPUR ROAD RAWALPINDI GALI MOHALLA GREEN HOUSE MANI ROAD JAMKEY CHEEMA TEHSIL DASKA SKT 164 ASKARIA COLONY ZARAR SHAHEED ROAD LAHORE 3520289355779 44.983 - - 666.600 13.013. FLAT #204 LAKHANI ARCADE PLOT NO 16/65 BLOCK NO 3 SHERFABAD BEHAR MCHS KARACHI HOUSE NO 5/2 RAFIQI ROAD CHAKLALA CANTT RAWALPINDI 4220196626732 564.287 16.040 29. 4240111840227 680.999 657.133 786.533 486.819 - - 788.127 96 SCBP Annual Report 2009 .1 Amounts in Rupees Sr. NORTH NAZIMABAD 4210105593129 789.799 526.987 - 651.135 367 TALIB HUSSAIN HOUSE P-988 D/1 MOHALLAH ANGATPURA SAIDPUR ROAD 21288068673 422.505 - - 789.753) 528.168 391 NAHEED REHMAN HOUSE# 44/1.696 - - 458.950 48.H.305) 623.730 28.202 389 ZEESHAN SAEED HOUSE# A-228 SECTOR# X-III GULSHAN -E-MAYMAR 4250123138719 558.997 43.877 562.967 - 525.511 4.858 18.919 - 585.116 641.SARGODHA.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .874 - (39. NEAR HAFIZ KARYANA STORE.983 368 ABDULLAH SHAHID ABDULLAH SHAHID HOUSE NO.916 32.422 - - 670. Name Address Name of Partners / Directors NIC / CNIC 4240132728073 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 544.375 512.047 - (952) 597.497 - - 564.878 372 MOHAMMAD HANIF AMJID 3460108107189 643.SACHAL GOTH NEAR PCSIR LABORATIES APARCO ROAD.376 - (4.752 527. MODHI COLONY.120 582.350 385 M BABAR TAHSEEN 53/2 STREET NO#14.577) 662.928 12.247 601.

399 689.293 35.661 5. 3RD FLOOR.203 44.194 12. 3630255230389 522.690 400 SYED IMRAN HAIDER 4220193879857 566.984 663.028 21.237 18.424 39. MODEL COLONY.B. PACE SHOPPING MALL.191 - - 615.621 710.1 .524 405 TANVEER AHMED H NO 114.4.120 - - 567. KOT RADHA KISHAN. ST# 253.423 6. GROUND FLOOR DEFENCE VIEW PHASE 2.916 - 528.619 108.488 30. BLOCK # 13.735 - 638. BLK-A.448 622.454 408 SYED HASNAIN HAIDER BOKHARI H # 122 ST # 4 GULSHANABAD ADYALA ROAD 3520063417955 567.153 5.862 517.942 739.607 7.867 412 MIAN SALMAN KHALID 3520226641605 820.619 - - 586.237 717.175 - 634.694 - - 552.197 395 IRFAN ABDUL MOHAMMAD FLAT# A 10 AMEENA PLAZA BLOCK 7 F B AREA 4210117315073 581.619 586.895 - 722.989 483.331 397 QISAR KHURSHID H# A-42 BLOCK -G NORTH NAZIMABAD KARACHI 4210124080907 702.540 - 732.731 504. GULISTAN-EJOHAR.753 - 583.869 6.1 Amounts in Rupees Sr. BLOCK-6 PECHS KARACHI 394 SALEH DAIGO 4220159301199 600.753 419 SALMAN RAMZAN 3520294690785 1.001 23.056 515.055 588.086 398 ABDUL RAHIM SHAH H#1753 SHAHIABAD ST#7 FRONTIER COLONY NO 3 ORANGI TOWN KARACHI NEAR INAYAT REHMAN PCO MALIR CITY GHAZI BAROI VILLAGE MALIR CITY KHATLANI MAZAR H NO D-2.742 482. BLOCK # H.452 32.246 536.514 - 731. PHASE -I MIDWAY SOUTH AVENUE.com.085 17.ST # 16 MOHALA AFSHAN COLONY DHOK CHOUDRIAN 3740515904545 623.713 - 804.571 - 779.479 - 829.782 572.897 - 1. HOUSE# 74-N.048 406 MALIK MUHAMMAD NASIR JAMAL A-55 SECTOR 14-B SHADMAN TOWN NO-2 NORTH KARACHI 4210117280481 541.088 (11.054 34.739 9.540 515.125 487.709 - 549.210 MALIK WAHEED UZ ZAMAN FLAT # 37-B.670 www.148 16.427 420 AHMED HUSSAIN HOUSE NO 6 STREET NO 2 BERBGTOWN PAF CHAKLALA ROAD DHOR KHABBA RAWALPINDI 3730145829235 483.275 401 MOHAMMAD SIKANDAR NAZEER H# G-71/3.766 739.134 - 503.314 29.759 396 ABDUL QADIR SHEIKH E-10.044 5.766 5.321 652.044 - 553.NEAR S.P.191 529.505 17.125 697.541 567.947 417 MUHAMMAD IRFAN H#C-1/493 LANDHI NO2 KARACHI NEAR TO BABAR MARKET 4220171486713 716.128 16.580 25.815 - 508. 4250115299855 615.907 - 607. 393 Name Address Name of Partners / Directors NIC / CNIC 4220176747043 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 592.060) 525. SECTOR G-6/1-1 6110120090199 552.088 418 MUJEEB UR REHMAN HOUSE -307 STREET NO 02 UPPER GIZRI CLIFTON HASSAN SHAHEED ROAD S E V 20.383 503.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure . MAIN BAZAR BIBI PAK DAMAN 1530332566369 762.835 23.371 415 ABSAR SAEED 3610355121991 576. No. MOHALAH NAI ABADI.523 - 555.907 498.764 410 MOHD AKRAM ALI 6110150207839 677.standardchartered.904 497.065 686.674 36.017. 4220137766719 590.504 1. 3740504996473 532.257 483.464 - 748. KEHKSAN TARACE. GULSHAN PARK MAIN ATTEFAQ ROAD NEAR MANSOORAH MULTAN ROA D H # 85-I-B-2 TOWNSHIP LAHORE 3520229170141 586.271 9.934 16.443 - 533.299 27.777 7.378 407 MOHAMMAD ASHRAF B-59. HOUSE # 292 STREET # 4 KORANGI NO 3 3510233061573 686.074 543.832 29.084 50.497 - (1.765 592.358 - (7.811 75.pk 97 .021 414 SHAHID ALI GANDHIYA ROAD.407 9.678 46. 87-B REHMAN PURA LAHORE 3520223279363 848.316 519.155 409 TAMEEZ UD DIN AHMED H # 1 .723 37.776 518.720) 519.455 686.WAPDA TOWN.593) 507.482 411 MUHAMMAD ALI HASHMI HOUSE # 191.327 5.161 402 MALAK DILDAR H # B .907 - - 590.ST # 1.120 509.826 5.304 735. 6110184635779 509. S-11.071 11. GAREA NEAR LIAQUAT MARKET MALIR COLONY 4220142700789 537.043 516.934 28.354 5. STREET # 27.727 28.443 - (41.422 404 CHAUDHRY MUHAMMAD MANSOOR ANWER H # 786.125 - - 532.357 Amount Written off / Concession Interest/ Mark up Others Total Balance 33. MAIN BOULEVARD.889 9. NORTH NAZIMABAD.407 - 866. TEH N DISTT SHOP # 75.658 17.356 5.281 18.765 Principal 562.560 10.315) 569.654 568.103 509.543 46.944 1.265 - 657.833 399 IRFAN AHMAD 4250163687703 711.678 515.689 31.931 22.750 757.694 507.245 - 725.812 - 539.853 596.716 487.855 24.656 627.351 15.152 2.842 14.057.327 611.743 416 AHMED NOOR 4220143311879 579. SECTOR# G7/3-4. ST/MOHALLA 79.069.616. MUSLIM TOWN.339 527.131 28.033 2.676 - 9.321 972.855 20.460 - 695.210 403 FAROOQ HUSSAIN H# 665-B.588 1.672 16.867 8. DHA 4240173086121 742.256 413 MUHAMMAD ASLAM ADAM CHOWK GHULAM MUHAMMAD ABAD.653 529.791 - 637.

838 27.406 443 TARIQ MALIK GULDARA CHOWK.243 14.855 39.154 24.988 439 TAHSEEN KHAN 3630270975389 665.6/4 .961 818. 6110191736801 509.910 434 SOHAIL KHAN 540 G/2.156 Principal 510.780 23.357 28.158 - 658.373 441 SYED SAJJID ALI RAZA JAFFRI APPER PORTION H # 37 GULFISHAN COLONY GULSHANE-RAVI CHAUDHRY MUNAWAR HUSSAIN MUZZA MULL TEHSIL AND DISTT LAHORE 3520284749079 515.644 8.473 45.570 929.661 - 630.303 20.855 46. SHAHZAD TOWN ISLAMABAD 422 MUHAMMAD MUSAWAR ABBASI 6110105892525 511.178 18.876 665.926 429 ZIARAT GUL 1730199089213 605.MAIN RASHID MINHAS RD.632 - 508.055 5.838 900 - 661.352 588. GANDA ENGINE GAWALMANDI 6110165435727 818.ASIA PACIFIC TRADE CENTRE. 1210199401283 1.178 - 618.623 592.019 - 691.372 - 502.760 - 711.323 29.158 53.280 - 663.947 38. B ST#21.050 - 610.309 513.254 33.083 - 595.B NEAR BOYS HIGH SCHOOL.469 - 616.469 - 541. SARGODHA.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .835 - 938.KAKSHAL WAZIRABAD # 1 PESHAWAR CITY 1730196405651 475.025 475.260 - 566. SEMORINA MANORE PLOT # 184 GARDEN EAST 4240149533969 519.488 - 635.759 - 513. TEH & DISTT.803 445 AYESHA NASIR H NO 52 ST NO 38 10/4 ISLAMABAD 6110119100264 591.025 30.385 23.083.303 14.674 22.160 687.833 - 575. WAPDA TOWN 3520286923609 538.624 519.076 - 1.976 5.400 23.647 426 NOORUDDIN HABIB SANJI B-187 BLOCK-C.247 519. STREET NO. ST # 02.025 - - 475.671 97. GULISTAN E JAUHAR GALI PEPAL WALI H # B-1-24-227 MOHALLAH KOTLI BEHRAM SIALKOT CHOWK GULDARA.589 - - 475.479 448 ATIF IQBAL H#NE-1433 ST#1 NATIONAL TOWN CHAKLALA ROAD RAWALPINDI 3740504796673 902.961 433 SHAHZAD FLAT # E-5 . 421 Name Address Name of Partners / Directors NIC / CNIC 3410141968185 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 510.630 16.178 14.599 560.503 432 TARIQ MALIK GULBARA CHOWK KAHSHAF WAZIR ABAD NO 1 1730196405651 475.998 438 MUHAMMAD LATIF 3830399108817 588.906 4.626 98 SCBP Annual Report 2009 .468 - 533. No.976 10.153 427 ABDUL AZIZ KHAN MOBILINK 4TH FLOOR.037 - 827.940 - 561.780 45.180 - 925.385 17.446 - 593.356 - 569.661 621.464 - 589. KANAL PARK GULBERG II LAHORE 3460343183193 502.680 1.254 25.039 - 610.855 LUQMAN SAJID MOHAMMALAH BAKH STREET NO 3 MOHALLAH HUSSAIN SHAH GUJRANWALA HOUSE NO.850 - 617.189 27.376 663. 11.909 8.D KHAYABAN-ESHAHWARDI G .316 430 RAZA KHAN 1730115120975 523.1 Amounts in Rupees Sr.666 - 712.614 538.072.608 446 TAHIR MEHMOOD FATHE GARH JROAD MUHALLAH HAJI PURA NEAR CHRISTAN KABRISTAN SKT H#7.012 - 528.173 21. N.075 - 537. PO YAKATOOT.906 38.534 638.021 - 704.589 475.900 423 SHAFIQ UR REHMAN AZIZABAD BAHADUR POLY TECHNMIQUE COLLEGE PESHAWAR CHAK# 67-A. SHAHBAZ TOWN.961 - - 818.158 605.665 - 699.687 444 ASHIQ HUSSAIN HOUSE NO 17 ST 37 G-6/2 3220320956405 638.549 - 671. SOHNI ST # 47.447 442 3520230607141 560.781 - 688.608 447 MUHAMMAD KAMARAN KHAN 4210113325223 956.570 - - 956.909 Amount Written off / Concession Interest/ Mark up Others Total Balance 12. DAKHANA KAKSHAL MOHALLAH TARIQABAD NO 2.076 425 MUHAMMAD RASHID JAVAID 3520283557647 523.994 - 530.787 560.154 31.662 - 505.125 591.735 502.521 440 SIKANDEAR SHAHEEN TARIQ 3520271953145 592. NORTH NAZIMABAD KARACHI 4200025758615 596.253 523.038.357 35.738 660.946 523.960 902.711 - 538.657 511.196/B RAHEEM MARKET MULTAN ROAD LAHORE 4730115953743 660.189 22.243 9.376 509.961 9.589 27.721 431 RIZWAN HAIDER JAFFERY H # 18 .118 - 532.526 - 719.342 596.619 424 SHAHID ASLAM 3840322438963 560.280 - 535. SIDDIQYIA ROAD GULGASHT 3630240604891 663.530 - 642. H.674 28.934 435 MUHAMMAD AFZAL PLOT NO 239 13B1 NEAR ABU BAKAR ROAD TOWNSHIP 3110163248559 621. P/O DHAREMA.392 - 520.400 32.219 - 623.158 - - 605.991 - 527.703 436 SYED ABBAS HUSSAIN H # 4 / 17 FAROOQ-E.173 14.947 26.AZAM ST.323 35.473 34.082 - 626.630 10.022 437 MUHAMMAD AMJAD 135 GII WAPDA TOWN LAHORE NEAR TO WAPDA TOWN ROUNDABOUT H# 8 SECOND FLOOR SITAR PLAZA TALAB ROAD NOTHIA QADEEM PSH CANTT SHOP # 3 219 / B REHMAN CENTRE GARDAZI MARKET GULGASHT MUL H # 31.055 - - 515.297 5.846 - 948.549 428 MUHAMMAD IMRAN 3460357559719 687.038.055 515. 274.207 - 1.KAKSHAL.

RANGE ROAD SABZAZAR RAWALPINDI 3740537921511 572.352 - 587.257 11. BLOCK NEW MUSLAM TOWN LAHORE 637. EJAZ PARK MODEL TOWN LINK ROAD NEAR JINNAH FOUNDATION SCHOOL 1730161608603 476.739 463 MUHAMMAD HANIF 107-G-IV WAPDA TOWN 3520273408909 577.251 17.280 573.671 - 518.152 - 718.173 - - 575. HAFEEZ CENTRE CHOWK.360 34.878 - 558.698 29.545 711.860 465 CHAUDRY MUHAMMAD AMIN HOUSE NO-14 S-20 AL FAISAL TOWN BLOCK-D LAHORE CANTT 3520156342805 790.156 - 632.543 14. F-7 / 1.463 462 MUHAMMAD FAROOQ 4210126281453 564.967 - 485.984 18.189 - 544.150 599.269 32. JHANDA CHICHI 3520245786105 659.822 6.146 455 FIDA HUSSAIN H# 4/1/B LANE#03 WESTRIDGE 6110150747587 597.standardchartered.187 20.323 577.324 16.652 9.776 473 MUHAMMAD MASOOD SAJJAD HOUSE# P-78. B.833 528.768 5.173 532.305 16.1 Amounts in Rupees Sr.659 - 509.384 36.219 520.997 554.com.108 - 637.023 - 690.995 472 REHAN HYDER R-1269.229 - 556.320 - 520.982 476. FEROZPUR ROAD HOUSE NO 1381/3 .360 - - 790.568 466 KHAIR MUHAMMAD FLAT# 3.305 31.794 703.986 6.564 - 534. SHAH FAISAL COLONY BLOCK 1 6110185096343 587.714 - 567. ICHRA ROAD RARI WALA CHOWK KHARA LAHORE HOUSE # CB 1117 .317 459 SOHAIL AHMAD H# 138 -K DHA CANTT LAHORE 3520193841869 553. DUBAI TOWN RAIWIND THOKAR NIAZ BEIG 3310001352447 595. HAYATABAD.142 453 ZULFIQAR AHMAD OFF NO 20.652 31. 6110185449227 490.736 - 563.257 33.020 659.084 26.355 - 537. SECTOR G-3.740 539. PHASE II.495 - 603. ST # 18.460 - 579.208 - 824.501 - 584.543 - 615.770 11. SECTOR# 15-A-4.306 490.204 587. SATELLITE TOWN 1-401.359 Principal 685.421 5.844 458 FARRUKH ALI H# 69/N. Name Address Name of Partners / Directors NIC / CNIC 4220187356119 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 685.583 473.797 - 500.999 449 NASEEM RAZA SECTOR 5B-2 H # R-754 NORTH KARACHI 450 MUHAMMAD RASHID KAMRAN H # 17-A. KACHA KAMAHA ROAD.384 9. UPSATARIS CHICKEN HUT COMM MARKET RD. CHOWK YADGAR PESHAWER 552.733 - 586.616 11.512 470 MUHAMMAD KASHIF H # 724.536 709.099 573.731 - 493. AAHATA GHULAM NABI.574 5. AHMED TOWER. No.721 461 MUHAMMAD YASIN RAZA 3520238141555 709.317 - 748. GULISTAN COLONY MUSTAFA ABAD 3520138866775 473.569 502.784 - 604.079 - 745.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure . PESHAWAR HOUSE# 15-A.034 456 NADIA BAGH MUNSHI LUDHA KACHA RAVI ROAD LAHORE 3520224172650 612.003 9.048 464 AKHLAQ AHMED HOUSE #239 BATLA COLONY BLOCK-C FAISALABAD 3310054473029 550.018 451 MR AJAZ YUNAS HOUSE NO.146 - - 588. STREET #01 LATIF PARK JHANG ROAD DAKHANA GHULAM MUHAMMAD ABAD ALI IMRAN H# 77.760 541.957 - 527.668 550.715 - 676. ST # 16 .084 595.AREA SADEEQABAD KARACHI 3520293220765 703.314 - 621.599 - 535.007 14.pk 99 .243 - 560.198 551.150 - - 637. 3RD FLOOR CROWN PLAZA.360 790. JAMIA BABU JEE ST # 4.957 468 CHAUDHRY ADNAN QUTUB H#2-A.533 - - 519.841 13.064 - 592.454 17. YATEEM KHANA.905 703.004 588.374 - 503. STREET 13.269 6.119 454 ABDUL HAMEED SIDDIQUI 4250189096333 609.799 - 532.454 Amount Written off / Concession Interest/ Mark up Others Total Balance 26.841 33.543 3.320 5.289 476 M NASEEM SIDDIQUE 3520216986395 551.099 - - 597.343 612.398 474 3520275897003 498.822 25.458 - 616.193 460 AMJAD MAHMOOD AHMED SHOP # 4.997 - - 564.533 505. SAMAN ABAD LAHORE 3520014774347 577.085 - 564.916 498.187 25.990 471 MOHD SADIQ HASSAN KHAN KASI H # 33-C 13TH COMMERCIAL STREET PHASE -II EXT DHA 4230108046139 520.760 - - 551.608 - 514.294 - 584.617 5.616 30.404 45.B.874 - 532.661 28.139.295 457 SAJID SIDDIQUE 11A.208 - 581.315 www.404 18.390 - 721.661 27.332 21.060 5.230 23.004 - - 609. BAND ROAD. H # 14.328 469 MUHAMMAD HANIF ZAHID 3740543683075 528.251 23.555 553.048 452 MUHAMMAD MUNAWAR JAVED 5440074627601 520.698 23.846 467 RAJA NADEEM KHAN HOUSE NO 120. STR #1. ST # 32.676 - 524.084 - - 595. BUFFAR ZONE 4210151773171 575.131 475 M ATHAR CH H NO 5 BUKHARI STREET RUSTUM PARK MULTAN ROAD LAHORE H NO 15 H BLOCK GULSHAN E RAVI LAHORE 3520268626981 519.016 - 559.

29-Khalid Street.543 489 MUHAMMAD ABBAS JUNEJO H # 37/23.) Ltd. 3520202900061 516.Lahore (3) Mrs.301. ST # 2.Multan Jamal uddin 193.788 - 590. Lahore.681 - 619.020 (2) Muhammad Akbar (3) Muhammad Akbar (3) Zahid Iqbal R/o 202/2-M.521 8.867 - 606.973 - 690.614 5.116 - - 612.162 8.965 494 ABBAS ENTERPRISES (1) Dr.270.500 - 569.058 485 GULSHER KALHORO 4130603828711 578. NEAR DOGAIS TOWN ZRAR SHAHEED ROAD LAHORE CANTT FLAT NO.252 533.201 569. Poonch Rd.365 - 605.057 100 SCBP Annual Report 2009 .176 1.227 570.719 - 16.007 - 1.) LTD.083 646.943 610.720 1.344 496 ABDUL RAZZAQ CO.ST # 1B ASIF ALI COLONY.180 - 584.663 414. CNIC # 276-88-313741 (2) Mohammad Ilyas R/o 202/2M.136.247 2.691 493 TOQEER SYED H # 7.Phase-II. CHODARY COLONY. STREET # 2.364 - 644.502 497 INT'L CASING TRADERS (ABDUL RAZAAQ GROUP) 2194 HUMAYAN ROAD.996.348 - 654. No.110 15.946 488 MUHAMMAD NAEEM 3520296934977 681.531 193.365 - 653.017 484 SOHAIL MAQBOOL H # 9.MULTAN Abrar Ahmed r/o 2194 Humayan Road.816.879 - 608.515.894 11. MOHAMMAD AHMED CENTER 29-G PHASE1. NORTH KARACHI 4210115164847 870. INDUSTRIAL AREA.542 498 AGHA FABRICS (PVT.711 26.054 - 666. G-11/3 MAIN DOUBLE ROAD 6110164766721 574.713 15.207 487 AMJAD ALI H # 1113.698.1 Amounts in Rupees Sr.212 516.652 32.664 412.672 4.357 21. Poonch Rd.528 583.205 - 1. AREA LIAQAT ASHRAF COLONY. SECTOR 11/D.126 - 17. SANDA KHURD.922 - 881.589 - 560. GULBERG II.262 3. ABBASI CENTRE NEAR UBL.DHA LAHORE 4230136363155 539. (EX-EBI) 2194 HUMAYAN ROAD.904.Multan Jamal uddin 469.461 577.) Ltd.310 480 QAISER ABBAS 3320220845721 674.152 - 602.513 35.335 6.384 - 689. MAIN QASIMABAD ROAD. LAHORE 3520162475543 497.382 634.136.710 9.Lahore (2) Agha Nizam uddin r/o Agha Fabrics (Pvt.895 10.970.669 817.613 Amount Written off / Concession Interest/ Mark up Others Total Balance 28.Islamia Park.545 408.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .437 7.642 - 3.(4) Widow of Muhammad Rashid 90-335669 (4) Mrs.116 32.Mohammad Ashfaq R/o 202/2-M.216 644. ZAHID ST NO-2.613 554. LAHORE (1) Agha Asad Nizam r/o Agha Fabrics (Pvt.506 490 MIAN MUHAMMAD SHAKEEL NAWANPEND ARAIYAN P*O PULL AIIK AIMNABAD RD 3460321535197 533.672 21.Defence Housing Authority. 39-N.535 - 574.461 - - 631.582 - 557.522 20.544 425.889 469.ISLAMIA PARK.Lahore Cantt.212 - - 516. ST# 24.CNIC 3276-85365200 495 ABDUL RAZZAQUE & CO (ABDUL RAZAAQ GROUP) 2194 HUMAYAN ROAD. 3520177190571 658.246 2.613 Principal 554.045 160.Lahore Cantt.816.01 1ST FLOOR. Near Qartaba Chowk. POONCH RD.MULTAN Abrar Ahmed r/o 2194 Humayan Road.357 14.079 482 MUHAMMAD SULTAN H # 34 -B PUNJAB CO-OPERATIVE HOUSING SOCIETY GHAZI ROAD 3520268163637 1.Lahore Cantt.958 - 586.CNIC 3276.Defence Housing Authority.907 483 HABIB ULLAH KHAN HOUSE # 739 TIKRI VILLAGE HAKS BAY ROAD 3810362885273 631.098 - 3.227 - - 578.Multan Jamal uddin 160.747 10. 29-KHALID STREET.141 477 MUHAMMAD MUSHTAQ HUSSAIN CHAK NO-52 ANB LUDDGE WALA NEAR JAMMIA MASJID PO SARGODHA TEH AND DISTT SARGODHA FLAT NO 2 ZAIB UN NISA PLAZA RAJA MARKET F 11-3 ISLAMABAD 478 ADEEL NAQASH 3740170086499 612.252 - - 533.371 - 540.105 23.Attia Asad r/o Agha Fabrics (Pvt.MULTAN (ABDUL RAZAAQ GROUP) Abrar Ahmed r/o 2194 Humayan Road. 29-Khalid Street.Saeeda Rashid R/o House # 6-A.CNIC 3 276-52-053896 (1) Muhammad Akbar 5.411.456 - 580.Phase-II.118.335.151.867 - 523.942.791 529. NASEERABAD PESHWAR ROAD 4210103454921 597. Jail Road.212 - 567.694 - - 497.116 612.837 6.177 1.221 - 553.Defence Housing Authority.836 7.578 539.Islamia Park.Islamia Park. Poonch Rd.506 - - 817.178 - 645.713 74.905 637. HYD H# 621 GHOSIA STREET TARIQ ABAD LALKURTI RAWALPINDI. SHALIMAR TOWN.694 483.BAGHBAN PURA.PhaseII.465.Lahore (1) Agha Nizam uddin 634.804 486 ASIM ALI SHER 3740506870241 552.254 - 509.802 481 AYAZ SARDAR HOUSE # 14.210. Name Address Name of Partners / Directors NIC / CNIC 3840332591893 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 554. 29-Khalid Street.252 34.464 491 KHALID MAHMOOD H # 453-0.) Ltd.254 552.212 6.438 - 660.480 479 FEROZ UDDIN HOUSE NO A-722 SECTOR 11-A GULSHAN E USMAN NORTH KARACHI H# 10.671 10.881 - 1.042 492 NIZAMUDDIN H # B-16 NASEEM NAGAR PHASE 1 QASIMABAD 4130181285619 616.194 - 1.

070.M Naeem R/o 463-M.870.Lahore (1) M Riaz Chughtai (2) M Riaz Chughtai (3) M Riaz Chughtai (1) M.396.# 3.39 Nicholson Road. Ahmed Block. Lahore (3) Asif Saigol R/o (4) Kamran Zali R/o 44-FCC.# 3. Township.213 (4) Sh. LAHORE (1) Mrs.Phase II. LAHORE (1) Abid Saigol R/o 91-E/1.St.585.John Park Lahore (3) Mrs.# 3. Township.1 Amounts in Rupees Sr.151 - 44. Township.947.895 149.771 502 KOHINOOR EDIBLE OILS 2ND FLOOR.Chaudhry Park. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 499 BASHIR TANNERIES 9-DIDE MARKET.LCCHS. Lahore (4) Miss Shamama Aslam Malik r/o 717-A/1.935.946.com.Yaqoob 2.Lahore (4) Hafiz Muhammad Ishaq r/o House # 1.747 12.39 Nicholson Road.. Lahore.Lahore (6) Tahira Naseem r/o House # 1. MAIN PLAZA USMAN MARKET 20/15 HALL ROAD LAHORE & 104/2 ST. Ahmed Block.629 24.Ibrahim (6) M. MODEL TOWN EXTENSION.773 7.Iqbal Aslam r/o 717-A/1.940.037.944.967 - 7.621 38.# 3.Lahore (5) Safia Bibi r/o House # 1.967 - 7.M. (2) Mrs.818 - 7.438 68.600.638.Lahore (2) Muhammad Yousaf r/o House # 1.St. LAHORE (1) Aslam Malik r/o 717-A/1.442.947. Gulberg II. No.M Pervaiz R/o 95-A New Muslim Town. Lahore (5) Mohd Ashraf (6) Faisal Sharif (7) Mohd Tasneem 68.960.St.LCCHS.319 - 32.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .New Garden Town.890.600.DAVIS ROAD.542 - 210.206 - 7.standardchartered.39 Nicholson Road. Aftab Jamil R/o 95-A New Muslim Town.318 - 217.978 504 MALIK TRADERS INT'L 717-A/1.948 7.728 29.896 141.LCCHS.Lahore (3) Miss Ayesha Riaz r/o 114 R Sector.278 24.John Park Lahore (2) Mian Ajmal Wahid r/o 104/2 St.New Garden Town. Lahore CNIC # 29154-195126(5) Sh.133. Ahmed Block.Lahore (2) Miss Farhana Riaz r/o 114 R Sector.Muhammad Afzal(Late) 503 LIGHT ENGG.891.M Bashir R/o Qasr-e. CO. Lahore (2) Arif Saigol R/o 91-E/1.729 21.944.079 5.691.512.435. LAHORE (1) Sh.Lahore (3) Ghulam Yasin Khan (3) Irfan Yasin Khan r/o House # 199-B.New Garden Town.093.334.Chaudhry Park.659.1ST FLOOR.638.Rafique Saigol (2) M.835 www. Lahore CNIC # 35202-7328626-1 (2) Haji Charagh Din (2) Sh.620 38.Jamil Muridke CNIC # 295-28-373873 (4) Haji Charagh Din (4) Sh.151 - 44.New Garden (4) Ghulam Yasin Khan Town.597 500 ISHAQ CARPETS INDUSTRIES 11/4-EMPRESS ROAD.935.# 3.Chaudhry Park.870.Lahore 12. Lahore 9.Lahore (1) Noor Muhammad (2) Noor Muhammad (3) Noor Muhammad (4) M.Ibrahim (5) M.442.564 3.Lahore (3) Muhammad Yaqoob r/o House # 1.659.Lahore (4) Navved Yasin Khan r/o House # 199-B.164. Lahore (3) Miss Afshan Aslam Malik r/o 717-A/1. Gulberg III.110 (2) Iqbal Aslam (3) Iqbal Aslam (4) Iqbal Aslam 10.772 5.454 - 14. Ahmed Block.Chaudhry Park.378.772 7.39 Nicholson Road. 31-M CIVIC CENTER.585. TOWNSHIP.Phase II.046 501 KING ASSOCIATES 25-A. LAHORE (1) Muhammad Ibraheem r/o House # 1.K ARCADE.pk 101 .109 10.Chaudhry Park.JOHN PARK LAHORE (1) Mian Ahad Mahmood r/o 104/2 St.018 - 33.591 776. Township.Chaudhry Park.107 - 42.037.Rafique Saigol 5.334.Imrana Naeem (4) Miss Mehreen Ajmal 776. Gulberg II.Phase II.Muhammad Jamil R/o 95-A (1) Haji Charagh Din New Muslim Town.39 Nicholson Road.St.080 5.435.563 505 MEGATONE INDUSTRIES M.047 2.# 3.32 DAVIS ROAD.455.Lahore (2) Ghulam Yasin Khan (2) Ghulam Yasin Khan r/o House # 199-B.39 Nicholson Road.454 - 14.319 - 34. HAFIZ PLAZA. Lahore 3.LAHORE (1) Farid Ahmed Yasin Khan r/o (1) Ghulam Yasin Khan House # 199-B.814. Lahore CNIC # 299-33-023351 (3) Haji Charagh Din (3) Sh.Shamim Riaz r/o 114 R Sector.St.St. Model Town.378.

St.630.650.Salma Tariq R/o 24-Abbot (3) Muhammad Tariq Road. OFFICE ADDRESS.297.685 4.454.454.291.283 514 IMPERIAL HOSIERY (PVT) LIMITED.167.St.942.257 (4) Abdul Khaliq (5) Abdul Khaliq 515 PAKWORLD TEXTILE IND.541 5.MONTGOMERY BAZAR FAISALABAD (1) Riasat Ali r/o Rasoolpura Chak (1) Abdul Sattar # 224/R-B Summandari Rd. Arif Jan Road. Karachi (1) Nisar ali Rasheed 1.201 - 3.607.320. (2) Mrs.918 - 32.313 (4) Qasim Ali Khan 511 A. ALTAF HUSSAIN ROAD.889 239.561 2.338 - 3. (2) Zakaullah Khan (3) Abdul Khaliq 10.636.848 50. 6-A.879.600.#2 Dost Street.321 513 ENAR (PVT) LIMITED. S B a askari (late) 1.645 516 ALIM INTERNATIONAL D-28.143 10. (6) Saifullah Khan R/o 366-Jinnah Colony Faisalabad.572 102 SCBP Annual Report 2009 .490.033. KARACHI. Lahore Cantt.147.794.555.918 - 32.Lahore (2) Tabassum Sarwar r/o 626Shadman Colony.297.685 10.272.251 3.(late).999 17.101. Lahore Cantt.555 - 3.490.962 508 SHEIKH CARPETS (EX-EBI) (SHEIKH CARPETS GROUP) 24-ABBOT ROAD.167. (1) Feroze Ali Rasheed r/o 3rd Floor.261.522 - 3. P-16. Arif Jan Road.407. SHEIKHUPURA ROAD.(1) Ghulam Rasool Abbot Road.325 - 17.822.192.000 17.686 10. SITE.171. Pervaiz (3) Khurram Pervaiz R/o 87/2.130 1.1 Amounts in Rupees Sr. (3) Abdul Sattar (3) Khalid Mahmood r/o House # 343.783 - 4.147.CNIC # Pervaiz 35201-1658997-9 (4) Muhammad Khan (4) Aftab ahmed khan r/o 113-Park Block. FAISALABAD (1) Sanaullah Khan R/o 366Jinnah Colony Faisalabad.250 3.114 - 58.283 - - 4.398. Altaf Hussain Road.INDUSTRIES 66-C INDUSTRIAL ESTATE.310. 3RD FLOOR.178 - 14.963 8. Haji Azam Chamber.015 247.909. KARACHI. Lahore CNIC # Gaba 35202-2541333-3 (2) Aqeel Tariq Gaba R/o 24-Abbot (2) Muhammad Tariq Road. Altaf Hussain Road. (3) Asadullah Khan R/o 366Jinnah Colony Faisalabad.996 509 SPLENDOUR EXPORTS 19/10 ABBOT ROAD. ASHRAF ABAD. LAHORE (1) Nazar Hussain r/o 19/10 Abbot (1) Syed Sarwar Road. MULTAN (1) Sardar Azmat Hayat Tamman (1) Sardar Muhammad r/o 178-Ahmed Block New Garden Hayat Tammon Town Lahore (2) Sardar Azmat Hayat (2) Nuzhat Hayat r/o 178-Ahmed Tamman Block New Garden Town Lahore 7. J.265.Lahore (3) Syed Farid Akhtar r/o 626Shadman Colony. LAHORE (1) Syed Sarwar Ali r/o 626Shadman Colony.942.339 21.399 - - 1. (EX-EBI) 626-SHADMAN COLONY.261 506 REGENCY TEXTILES LTD 88-C/II.732.Faisalabad.791 2.Nazneen Pervaiz R/o (2) Mohammad Iqtidar 87/2.636.B Tehsil & District Faisalabad (5) Gulzar Ahmed r/o Chak # 66.136 Principal 71. No.385.# Abdul Mehr Hakim Din Faisalabad (4) Ali Mohammad r/o Chak # 66.341 6.144 - 9.369.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure .201.792 2.398.338.912 951.555.Lahore CNIC # 322-47268137 (1) Syed Sardar Ali (2) Syed Sarwar Ali 1. Lahore Cantt.630.010 512 DEFENCE AGRO Mian Idrees 4.B Tehsil & District Faisalabad (4) Rehmat Khan (5)Rehmat Khan 2. J.171. Lahore CNIC # Gaba 35202-2541333-3 (2) Aqeel Tariq Gaba R/o 24-Abbot (2) Muhammad Tariq Road. Allama Iqbal Town.Lahore (4) Shaukat Ali r/o 626-Shadman Colony. (4) Ziaullah Khan R/o 366-Jinnah Colony Faisalabad. LAHORE (1) Mohammad Iqtidar Pervaiz R/o (1) Khan Aziz Khan CANTT.458.091 1.560 2.661 - 4.Salma Tariq R/o 24-Abbot Road. MANGHOPIR ROAD.340 21.Summandari Rd.450.T.2ND FLOOR.AL-ABBAS CENTER. (5) Nasrullah Khan R/o 366Jinnah Colony Faisalabad.Faisalabad.090 1. LAHORE (1) Muhammad Tariq Gaba R/o 24.344 1.503.358. (2) Abdul Majeed Khan R/o 366Jinnah Colony Faisalabad.012 - 4. Lahore Gaba 951. Arif (3) Mohammad Iqtidar Jan Road.524. Lahore Gaba (3) Mrs.746 - 4.(1) Ghulam Rasool Abbot Road. LAHORE (1) Muhammad Tariq Gaba R/o 24. (7) Amaah Khan R/o 366-Jinnah Colony Faisalabad.249.399 4. HAJI ADAM CHAMBER.341 - 23. ARIF JAN ROAD.385. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 71.011 7. Haji Azam Chamber.849 50.970.458.340 510 TABBASUM ENTERPRISES PAK LTD.Lhaore Hussain Shah 6. Syed Alimuddin Ahmed.732.369.246 Amount Written off / Concession Interest/ Mark up Others Total Balance 176. Lahore (3) Muhammad Tariq Gaba 8. 87/2. (2) Abdul Sattar (2) Farrukh Javaid r/o P-344.152.193.258 10. Lahore 507 SHEIKH CARPETS (SHEIKH CARPETS GROUP) 24-ABBOT ROAD.341 - 23.114 - 58.325 - 17.292 2.191. Karachi (2) Zafar Iqbal r/o 3rd Floor.398. Lahore Gaba (3) Mrs.101.247 168.850.850.

200. SOLDIAR BAZAR. North Karachi (OLD NIC No.241 525 SHAMROZE & BROTHERS PAR HOTI.Rashid Minhas Road.818 - 1.KARACHI (1) Shahid Hameed Ch. Sector 15-A5.111.656.814 - 8. RAWALPINDI (1) Sardar Abdul Latif Abbasi r/o 71-A.106 - 22.676 332.683 424.884 518.Rehman 424.Rashid Minhas Road.MARDAN (1) Shamroze Khan r/o Mohallah Khan Colony.438. r/o 14-Al Syed Arcade.443 33. Clifton.400 9.790.Mamuna Firdous 14-Al Syed Arcade. Gulshan Iqbal. 33. Manzooe A.580.691.209 - 507. (1) Muhammad Ali Anzar Usmani 9. Gulshan Iqbal.(2) Sardar Abdul Latif A. 411.261 - 18.865 750.778 - 3. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 517 ANIQA TRADING COMPANY 311. ansari.Farina Latif Abbasi r/o 71.638.106 - 488.251 - 3.333 642.687.814 2. (Old NIC # 501-88-640810) 10.438 5.407.CHUNDRIGAR ROAD.248.200.100 3.856 - 22.Karachi (2) Mrs.777 - 2.783 175.027 518 ARSONS TRADERS 9/15.669 521 MUHAMMAD ARSHAD CHOUDHRY (EX-EBI) Muhammad Arshad Choudhry 239. Karachi.501-66-104698) (2) Syed Jalil Ahmed R/o Flat# 6 M.Par Hoti. Rawalpindi (1) Muhammad Khan 5. settlite Town. (4) Abdul Aziz 7. Karachi.451. KHAWAJA CHAMBER.651. Irfanul Haque Saiful Haque 5.428 - 506.920 - 3. Haji Nauroz Khan Haji Mirza Khan 1.701 www.221. 71-A.844 - 2. Mohammad Fazil Ghulam Mohammad Shah (1) Muhammad Usman 22. Kassim Court.868.015 1. Block 4-A.standardchartered.524.1 Amounts in Rupees Sr. Munawer Hussain Late). Siddique Ahmed / Farooq Ahmed SHAHRAH-E-LIAQUAT.991 2. North Karachi & House# A-458 Sector 15-A/I. Rawalpindi (3) Nisar Ahmed r/o 192-Askari (3) Ghulam Muhiy-udHouses Complex.602.681. Walji.RASHID MINHAS ROAD.Rashid Minhas (5) Muhammad Ali Talib Road. OFF: I I CHUNDRIGAR ROAD. (Old NIC # 512-56217872) (3)Javaid Islam R/o B-103 & B105.470 - 5. STATE LIFE Munir Ahmed BUILDING NO. Zarar Shaheed din Road. karachi. 901. settlite Town. 8.812 991. Block 9.Mardan (1) Alif Khan 815.225.000 2. KARACHI.373 14. SETTLITE TOWN.835 720. Karachi & 21 Feroz Building.229 7.428 - 506.357.437 1. KARACHI.291 1.I. QUETTA.Sharifa Begum r/o 14-Al Syed Arcade. Kehkashan.925.608 815.917.714.484) 1.872. 14-AL SYED ARCADE.Karachi 523 TAHA ENTERPRISES 84.215.043 43.Buffer Zone.215. (late).925.285 526 ABBASI & CO.Rashid Minhas Road.691.Mohammad Ali Talib r/o 14Al Syed Arcade.642.801.864 797.175.645.884 518.228 (4) Ch. Lahore 527 NBZ (Pvt) Limited Plot No. OPP: CITY COURT.990 529 Filtex Exports Industries Pvt Ltd 2nd Floor.Rehman/A.367.372 14.891 2. 5. Ghaffar A. Shalimar Town. Sector 23.570 (2) Mst. KARACHI.155.856 - 22.543 1.r/o 14-Al Syed Arcade. Korangi Zaheer Ahmed Ansari Industrial Area.766 13.185 522 MEHRAN AGRO CHEM LTD.758 266. MIRZA KHALEEG BAIG ROAD. R/o House # 158-A.315. STOCK EXCHANGE BUILDING.Karachi (1) Ch.990 2.281 520 JAWAD INTERNATIONAL (EXEBI) 991.757 266.Karachi (3) Mrs.647 3. Ch.400 9.955.043 43.066 (2) Syed Abdul Bari (3) Noor-ul-Islam 725. ARKEY SQUARE (EXT).225.184.692.809. Karachi.106 - 22. Karachi. Ch.670 - 12.950.645.840 9.807 - 20. Block No.554.357.Karachi (5) Zahid Saeed Ch.226 - 27.186 239. Block 4-A.868. Karachi & B-105.509 1.882 519 CENTRAL COTTON MILLS 4TH FLOOR.526.024 - 3.369.A. No.986 (513. Jinnah Road. WALLACE ROAD. KARACHI.496.337.pk 103 .885 524 HAJI NAOROZ KHAN SHOP NO.681 717.790.458. Scheme No.Rashid Minhas Road.768 7. 32 & 33.477 591.111.407.443 528 Achee Enterprises (Pvt) Ltd G-15/2-E.840 23.892 2.Standard Chartered Bank (Pakistan) Limited Un-Consolidated Financial Statements Annexure . Mohammad Boota.135 901. I.517. Abdullah Haroon Road.337. Shalimar Town.399.692.199.2. Korangi. Radio Pakistan..677 313. 175. M A JINNAH ROAD.990 22. Hassan Ali Walji.844 - 2. KARACHI. Clifton. Shaukat H.com.941.909.Muhammad Ali Talib (2) Muhammad Ali Talib (3) Shahid Hameed Ch.099 - 2.018 - 1.740. Buffer Zone.508 1.

Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements For the year ended 31 December 2009 .

We conducted our audit in accordance with the auditing standards as applicable in Pakistan.pk 105 . whose report has been furnished to us and our opinion in so far as it r elates to the amounts included for the subsidiary .standardchartered. as well as.Auditors' Report to the Members We have audited the annexed consolidated financial statements of Standar d Chartered Bank (Pakistan) Limited (“the Bank”) comprising consolidated balance sheet as at 31 December 2009 and the r elated consolidated profit and loss account. These financial statements ar e responsibility of the Bank's management. on a test basis. Chartered Accountants Syed Iftikhar Anjum www. These standards require that we plan and perform the audit to obtain r easonable assurance about whether the above said statements are free of any material misstatement. In our opinion the consolidated financial statements present fairly the consolidated financial position of the Bank as at 31 December 2009 and the consolidated r esults of its operations. consolidated statement of comprehensive income. evidence supporting the amounts and disclosures in the above said statements. Our responsibility is to expr ess our opinion on these financial statements based on our audit. An audit includes examining. Standard Chartered Modaraba for the six months period to 31 December 2009 were reviewed by another firm of chartered accountants. 2010 Karachi KPMG Taseer Hadi & Co. We believe that our audit provides a reasonable basis for our opinion. Date: March 04. for the year then ended. evaluating the overall presentation of the above said statements.com. consolidated cash flow statement and consolidated statement of changes in equity together with the notes forming part thereof. its consolidated cash flows and consolidated changes in equity for the year then ended in ac cordance with the approved accounting standards as applicable in Pakistan. The financial statements of a subsidiary. is solely based on the r eport of other auditor. An audit also includes assessing the accounting policies and significant estimates made by management.

627 28.925.825 1.846.252.904.441 775. Badar Kazmi Chief Executive Karachi: March 04. 2010 Najam I.731 19.900.618.119 1.907 44.992.363.460.408 1.638 15.705 267.715.609.886 43.978 3.192 22.715.368 2009 2008 (Rupees in ‘000) LIABILITIES Bills payable Borrowings from financial institutions Deposits and other accounts Sub-ordinated loans Other liabilities NET ASSETS REPRESENTED BY: Share capital Reserves Unappropriated profit Attributable to equity holders Minority interest Surplus / (deficit) on revaluation of assets .164 223.511. 2009 Note ASSETS Cash and balances with treasury banks Balances with other banks Lendings to financial institutions Investments Advances Operating fixed assets Intangible assets Deferred tax assets Other assets 4 5 6 7 8 9 10 11 12 21.347 4.261.813 48.Standard Chartered Bank (Pakistan) Limited Consolidated Balance Sheet As at December 31.305.847.052.594 174.523.474 772. Chaudhri Director Parvez Ghias Director Shahid Zaki Director 106 SCBP Annual Report 2009 .420 8.647.000 39.230.676 27.915.379 4.078 3.900.937.482 13 14 15 16 17 4.592 2.915 27.064 83.462 (1.791.844.024 268.850 1.504 45.300 34.net of deferred tax CONTINGENCIES AND COMMITMENTS 18 19 38.980) 43.229.779.026.379 38.453 22.263.909.125.699.568.172 4.850 2.535.472.661 129.504.790 128.296.699.277 44.741.482 20 21 The annexed notes 1 to 41 form an integral part of these consolidated financial statements.326 206.060 3.080.003.521.021 44.573.401 48.582 31.710.154 7.684 3.368.290 317.616.647.891 20.078.

102.202) (12.905 (602.924.062.334) (9.261 (10.651) 16.094.703 23.pk 107 .519) 1.594) (132.584 (10.343 1.current .313 57.3 8.367.16 602.872) 723.564) 7. Chaudhri Director Parvez Ghias Director Shahid Zaki Director www.325 13.141.242.074 (10.610 (7.728.19 0.082) (40.867 2.081) (156.447.522 796. Badar Kazmi Chief Executive Karachi: March 04.385.944.757) 16.496 1.539.516.285 2.907) 7.892) (2.096) (95.341 (7.4 & 17.480 (337.068.814.846 (12.182.366.280) 796.216 (47.835 333.980 (3.633.725.standardchartered.398.767.108 22 23 8.368 179.10 25 The annexed notes 1 to 41 form an integral part of these consolidated financial statements.net of tax PROFIT AFTER TAXATION Attributable to : Equity holders of the bank Minority shareholders 738.prior years' .903 796.365) 1.550 6.604.345 (12.667.051) 906.980 1.033) (174.797.130 675.deferred PROFIT AFTER TAXATION FROM CONTINUING OPERATIONS DISCONTINUED OPERATIONS Loss from discontinued operations .350) 1.152) 1.992.392 73.573 (418.828) 438 1.398.141.522 28 26 27 3.024) 2.089 6.1 27.216 (Rupees) BASIC / DILUTED EARNINGS PER SHARE 29 0.870.279 6. commission and brokerage income Dividend income Income from dealing in foreign currencies Gain / (loss) on sale of securities Unrealized gain on revaluation of investments classified as held for trading Other income Total non mark-up / non interest income NON MARK-UP / NON INTEREST EXPENSES Administrative expenses Other provisions / asset write-offs Other charges Total non mark-up / non interest expenses Extra-ordinary / unusual items PROFIT BEFORE TAXATION FROM CONTINUING OPERATIONS Taxation .532.496 (1.000.4 7.119) (9.548.143 13.Standard Chartered Bank (Pakistan) Limited Consolidated Profit and Loss Account For the year ended 31 December 2009 Note CONTINUING OPERATIONS Mark-up / return / interest earned Mark-up / return / interest expensed Net mark-up / return / interest income Provision against non-performing loans and advances Recovery of amounts previously written off Provision for diminution in the value of investments Bad debts written off directly Net mark-up / return / interest income after provisions NON MARK-UP / NON INTEREST INCOME Fees.020 2009 2008 (Rupees in ‘000) 24 7.216 3. 2010 Najam I.com.370 (8.586) 675.762 464.421) (418.7.594.237.660) (12.

Standard Chartered Bank (Pakistan) Limited Consolidated Statement of Comprehensive Income For the year ended 31 December 2009 2009 Profit for the year Other comprehensive income: Exchange difference on translating foreign operations Exchange difference on translating foreign operations released on disposal Surplus / (deficit) on revaluation of 'Available for Sale' financial assets Surplus / (deficit) on revaluation of fixed assets Actuarial gain / (loss) on defined benefit plans Deferred tax on acturial gain / (loss) Total comprehensive income for the year Attributable to: Equity holders of the bank Minority shareholders (21.522 (Rupees in ‘000) 724.130 715.914) 782. Badar Kazmi Chief Executive Karachi: March 04.391 73. Chaudhri Director Parvez Ghias Director Shahid Zaki Director 108 SCBP Annual Report 2009 .635 (27.521 796.096) 9. 1984.302 642.999 715.479) 39.903 782.939 (3. 2010 Najam I.399 57. (ii) The annexed notes 1 to 41 form an integral part of these consolidated financial statements. Surplus on revaluation of fixed assets is presented under a separate head below equity as 'surplus / deficit on revaluation of assets' in accordance with the requirements of section 235 of the Companies Ordinance.302 60.521 (i) Surplus / deficit on revaluation of 'Available for Sale' securities is presented under a separate head below equity as 'surplus / deficit on revaluation of assets' in accordance with the requirements specified by the State Bank of Pakistan vide its BSD circular 20 dated 04 August 2000 and BSD circular 10 dated 13 July 2004.406) 7.216 2008 675.492 (13.

130 11.810.754) (14.863 (2.393 thousand) Profit before taxation from continuing operations Dividend income Adjustments for: Depreciation Amortization Gain on disposal of fixed assets Unrealized gain on revaluation of investments classified as held for trading Other provisions / asset write offs Provision for diminution in the value of investments Lease rentals expense Provision against loans and advances .081 10.301 (14.850 11.089.860 45.405) (438) 40.com.227 50.171.463.732 32.920 708.141.096.357.892 6.537 508.397.193) 1.026.240) 548.603) 2009 2008 (Rupees in ‘000) Decrease / (increase) in operating assets: Lendings to financial institutions Held for trading securities Advances Other assets Increase / (decrease) in operating liabilities Bills payable Borrowings from financial institutions Deposits and other accounts Other liabilities Cash inflow / (outflow) before taxation Income tax paid Net cash generated from / (used in) operating activities www.Standard Chartered Bank (Pakistan) Limited Consolidated Cash Flow Statement For the year ended 31 December 2009 Note CASH FLOW FROM OPERATING ACTIVITIES Profit before taxation Loss from discontinued operations (2008: gross of tax of Rs.187) (1.398.standardchartered.807) (432.218 7.439.059) (6.170 (12.119 13.009.653) (9.822) 12.398.563 (6.892 9.496 1.417 5.009.050 (16.171) (2.990.135 695.285) 1.532.061 10.867) 1.933 9.340.pk 109 .920.404.406) 46.652) (13.769.423) (33.055.787 (6.091) (832.445 10.522.594 8.968) 1.015 10.174) (179.162.211 648.398.908.097 9.980 (45.078.796.835) 95.896.net of recoveries 1.951) (1.900.048 (4.907.460.642 1.496 (1.904.295.044.453.888 (5. 2.

842 9.140) (3.418 6.608) 106.686.281) 1.827.886) (6.019) (175.701 23.430 (985.092) (13.687.218) 24.933) (258.155) (58.002. Badar Kazmi Chief Executive Karachi: March 04. Chaudhri Director Parvez Ghias Director Shahid Zaki Director 110 SCBP Annual Report 2009 .794) 27.002.817.900) (3.961) 14.502.867 2.483 (202.841) 10.Standard Chartered Bank (Pakistan) Limited Consolidated Cash Flow Statement For the year ended 31 December 2009 Note CASH FLOW FROM INVESTING ACTIVITIES Net investments Dividend income received Acquisition of Amex net of cash acquired Net investment in fixed assets (including intangible assets) Sale proceeds on disposal of fixed assets Net cash (used in) / generated from investing activities CASH FLOW FROM FINANCING ACTIVITIES Repayment of sub-ordinated Term Finance Certificates Dividend paid to minority shareholders by the subsidiary Expenditure on issue of right shares Payment of lease obligations Net cash used in financing activities Decrease in cash and cash equivalents for the year Cash and cash equivalents at beginning of the year Cash and cash equivalents at end of the year (46.285 (199.949 2009 2008 (Rupees in ‘000) 30 (187.922. 2010 Najam I.116 (46.495 24.893) (274.919.300) (59.701 The annexed notes 1 to 41 form an integral part of these consolidated financial statements.

090 - 868.243.903 - (13.663 (13.031.900) (59.914) 782.978 The annexed notes 1 to 41 form an integral part of these consolidated financial statements.125.850 1.092) Transfer to statutory reserves Dividend paid to minority shareholders Minority share in deficit on revaluation of available for sale securities Balance as at 31 December 2008 Total comprehensive income for the year Profit for the year Other comprehensive income Actuarial gain / (loss) on defined benefit plans-net of deferred tax 38.900) Expenditure on issue of right shares Balance as at 31 December 2009 38.366) 4.com.092) 60.392 602.539 - 135.078.846.399 (147.539) 733.230 - - 60.036.635 (27.504.399 - 57.522 38.021 (197) 44.313 738.302 - Transfer to statutory reserve Dividend paid to minority shareholders - - - - - - (59.366) 44.180 44.pk 111 .159 43.016.462 - - - - 738.635 (27.036.490 3.096) 6.618.594 3.391 - 73.441 (197) 775.474 (520) 772.277 (3.483.460 642.663) (13.914) 724. Chaudhri Director Parvez Ghias Director Shahid Zaki Director www.096) 33. Badar Kazmi Chief Executive Karachi: March 04.715.392 73.903 796.130 675.Standard Chartered Bank (Pakistan) Limited Consolidated Statement of Changes in Equity For the year ended 31 December 2009 Share Capital Share Premium Exchange Translation Reserve Statutory Reserve Unappropriated Profit Total Minority Interest Total (Rupees in '000) Balance as at 31 December 2007 Total comprehensive income for the year Profit for the year Other comprehensive income Exchange difference on translation of foreign operations Exchange difference on translation of foreign operations released on disposal Actuarial gain / (loss) on defined benefit plans-net of deferred tax 602.886) 45. 2010 Najam I.504 (3.130 (58.715.900.635 (27.850 1.096) 6.257 (3.090 (33.907 44.216 - - - 147.090 - 1.standardchartered.852 (135.521 (58.715.460 715.460 608.313 57.850 1.104 - 6.914) 724.050 760.104) - 60.036.

• Standard Chartered Leasing Limited • Standard Chartered Modaraba • Standard Chartered Services of Pakistan (Private) Limited These financial statements are consolidated financial statements of Standard Chartered Bank (Pakistan) Limited and its subsidiaries ("the Group").2 Statement of compliance These financial statements have been prepared in accordance with approved accounting standards as applicable in Pakistan. 1962 and the directives issued by State Bank of Pakistan. provisions of and directives issued under the Companies Ordinance. In case the requirements differ. 1962 and the directives issued by the State Bank of Pakistan shall prevail. The purchases and sales arising under these arrangements are not reflected in these financial statements as such but are restricted to the amount of facility actually utilised and the appropriate portion of mark-up thereon. 1984 and Banking Companies Ordinance. 1984 and Banking Companies Ordinance. with effect from 30 December 2006. 1984. 2. 2. incorporated in England. All of them are incorporated in Pakistan.1 BASIS OF PREPARATION Basis of presentation In accordance with the directives of the Federal Government regarding the shifting of the Grouping system to Islamic modes.. The Bank is engaged in the banking business as defined in the Banking Companies Ordinance. the State Bank of Pakistan has issued various circulars from time to time.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 1. The ultimate holding company of the Bank is Standard Chartered Plc. a bank incorporated by Royal Charter and existing under the laws of England. 1962 and has a total number of 162 branches in Pakistan (2008: 174 branches in Pakistan ) in operation at 31 December 2009. One permissible form of trade related mode of financing comprises of purchase of goods by the Bank from its customers and immediate resale to them at appropriate mark-up in price on deferred payment basis. I.I. Standard Chartered Bank (Pakistan) Limited has the following three subsidiaries. The Bank commenced formal operations on 30 December 2006 through amalgamation of entire undertaking of Union Bank Limited and the business carried on by the branches in Pakistan of Standard Chartered Bank. STATUS AND NATURE OF BUSINESS Standard Chartered Bank (Pakistan) Limited ("the Bank") was incorporated in Pakistan on 19 July 2006 and was granted approval for commencement of banking business by State Bank of Pakistan. Karachi. The scheme of amalgamation was sanctioned by State Bank of Pakistan vide its order dated 4 December 2006. The registered office is at Standard Chartered Bank Building. 112 SCBP Annual Report 2009 . 2. Approved accounting standards comprise of such International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) and Islamic Financial Accounting Standards (IFAS) issued by the Institute of Chartered Accountants of Pakistan (ICAP) as are notified under the Companies Ordinance. Chundrigar Road. the provisions of and directives issued under the Companies Ordinance.

g. 2. invoicing of goods. However. The requirements of these standards have not been followed in the preparation of these financial statements as the State Bank of Pakistan has deferred the implementation of these standards for banks in Pakistan till further instructions. 'Investment Property' (IAS 40). investments have been classified and valued in accordance with the requirements of various circulars issued by the State Bank of Pakistan.pk 113 . the Securities and Exchange Commission of Pakistan has notified Islamic Financial Accounting Standard 1. estimates and assumptions that effect the application of accounting policies and reported amounts of assets. trading and derivative financial instruments have been measured at fair value whereas certain fixed assets are stated at revalued amounts less accumulated depreciation and accumulated impairment losses. which is the Group’s functional currency. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period.5 Note 8 Note 9 Note 10. 'Financial Instruments: Recognition and Measurement' (IAS 39) and International Accounting Standard 40.7 Note 28 Note 32 Provision against non-performing advances Valuation and depreciation rates for fixed assets Goodwill impairment testing Deferred taxation Derivative instruments Income taxes Employees' retirement defined benefit plans Functional and presentation currency These financial statements are presented in Pakistan Rupees. 'Murabaha' (IFAS 1). where applicable. financial information presented in Pakistan Rupees has been rounded to the nearest thousand. In particular. www. income and expenses.3 Basis of measurement These financial statements have been prepared under the historical cost convention. IFAS 1 was effective for financial periods beginning on or after 1 January 2006. recording of inventories. Except as indicated.2 Note 11 Note 21. In addition.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 The Securities and Exchange Commission of Pakistan has approved and notified the adoption of International Accounting Standard 39. or in the period of the revision and future periods if the revision affects both current and future periods. etc. concurrent application with other approved accounting standards in place for conventional banks. 2. Actual results may differ from these estimates.standardchartered. except that certain available for sale. information about significant areas of estimation uncertainty and critical judgments in applying accounting policies that have the most significant effect on the amounts recognised in the financial statements are described in the following: 2. The estimates and underlying assumptions are reviewed on an ongoing basis. Pakistan Banks Association and Modaraba Association of Pakistan have taken up these issues with the State Bank of Pakistan and the Securities and Exchange Commission of Pakistan.4 Use of estimates and judgments The preparation of financial statements in conformity with approved accounting standards requires management to make judgments. liabilities. This standard has not been adopted by stand alone Islamic branches of conventional banks pending resolution of certain issues e.com.

one of the Bank's subsidiary. 'Property. and assets under Ijarah arrangements to be depreciated over the period of the lease in accordance with International Accounting Standard.3 International Accounting Standard 1 (Revised) 'Presentation of Financial Statements' International Accounting Standard 1 (Revised) 'Presentation of Financial Statements' became effective for financial periods beginning on or after 1 January 2009. The 'Statement of Other Comprehensive Income' reflects the changes in equity other than those changes resulting from transactions with owners in their capacity as owners. 'Ijarah' During the year. 114 SCBP Annual Report 2009 .5 Determination and presentation of operating segments An operating segment is a component of the Group that engages in business activities from which it may earn revenue and incur expenses. Previously these were being carried in the books at cost less accumulated depreciation. 2. Plant and Equipment' (IAS 16). 16 'Property.6. Due to current size of the program the effect of change is not estimated to be material and therefore previous year figures have not been restated.1 IFRIC 13 'Customer Loyalty Programmes' During the current year.6. IFRIC 13 'Customer Loyalty Programmes' issued by the International Financial Reporting Interpretations Committee became effective. namely Standard Chartered Modaraba changed its accounting policy for ijarah financing on adoption of Islamic Financial Accounting Standard 2.4 Islamic Financial Accounting Standard 2. including revenues and expenses that relate to transactions with any of the Group's other components. An operating segment's operating results are reviewed regularly by the Chief Executive Officer (CEO) to make decisions about resources to be allocated to that segment and assess its performance and for which discreet financial information is available. Previously. This change in accounting policy has been dealt with as a revaluation in accordance with International Accounting Standard 16. as and when the rentals become due. there is no impact on earnings per share. 2. The application of this standard has resulted in certain increased disclosures including the 'Statement of Other Comprehensive Income' which has been reflected in the Group's financial statements for the year ended 31 December 2009.2 Revaluation of land and buildings on freehold land During the current year. The modaraba has applied this standard to all Ijarah contracts entered on or after 1 July 2008 as allowed by Securities and Exchange Commission of Pakistan vide Letter No. SC/MR/RW/SCM/2009 dated 9 March 2009. The cost of award points is recognised at the time award points are redeemed. the Bank changed its accounting policy for land and buildings on freehold land to carry them at revalued amounts less accumulated depreciation and accumulated impairment losses thereon. The management believes that the new accounting policy presents a more accurate reflection of the carrying amounts of land and buildings in the financial statements. The revenue from award credits for loyalty points earned on use of various products of the Bank is measured by reference to their fair value and is recognised when award credits are redeemed. and therefore previous year figures have not been restated.6. 2. The effect of this change on Group's financial statements is not considered material. Since the change only impacts presentation aspects.6 Changes in accounting policies 2.6. The relevant disclosures in this regard have been included in note 9 to these financial statements. revenue from award credits for loyalty points was being recognised at the time when these points were awarded and the cost of award points was accrued at the same time.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 2. 2. 'Ijarah' (IFAS 2). Plant and Equipment' (IAS 16).6. This standard requires all Ijarah rentals to be recognized in income on accrual basis.

The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control ceases.1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of consolidation Subsidiaries Subsidiaries are entities controlled by the Group. In assessing control. irrespective of the extent of any minority interest. Acquisitions from entities under common control Business combinations arising from transfers of interests in entities that are under the control of the shareholder that controls the Group are accounted for as if the acquisition had occurred at the beginning of the earliest comparative period presented. For acquisitions prior to 1 January 2009.com. 3. 3. For this purpose comparatives are restated. The assets and liabilities acquired are recognised at the carrying amounts recognised previously in the combining entity's financial statements. Control exists when the Group has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities.pk 115 . which are acquired with the intention to trade by taking advantage of short term market / interest rate movements and are carried at market value. 'Operating Segments' (IFRS 8). Other acquisitions Other business combinations are accounted for using the acquisition method. These securities are to be sold within 90 days from the date of their classification as 'Held for trading' under normal circumstances.2 Cash and cash equivalents For the purposes of cash flow statement. in accordance with the requirements specified by SBP BSD Circular 10 dated 13 July 2004. Identified assets acquired are fair valued at the acquisition date. the cost of acquisition is measured as the fair value of the asset given. 3 3. cash and cash equivalents comprise of cash and balances with treasury bank and balances with other banks. other than changes in certain disclosures.3 Investments The Group classifies its investments as follows: a) Held for trading These are securities.standardchartered. The surplus / deficit arising as a result of revaluation at market value is recognised in the profit and loss account. www. equity instruments issued and the liabilities incurred or assumed at the date of exchange. plus costs directly attributable to the acquisition.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 Segment results that are reported to the CEO include items directly attributable to a segment as well as those that can be allocated on a reasonable basis. potential voting rights that presently are exercisable are taken into account. The excess of cost of acquisition over the fair value of identifiable net assets acquired is recorded as goodwill. There is no change in operating segments being reported as a result of adoption of International Financial Reporting Standard 8.

other than land and buildings on freehold land.e. Land and buildings on freehold land are stated at revalued amounts less accumulated depreciation. Provision made / reversed during the year is charged to the profit and loss account and accumulated provision is netted off against advances.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 b) Held to maturity These are securities with fixed or determinable payments and fixed maturity that are held with the intention and ability to hold to maturity. Specific provisions are made where the repayment of identified loans is in doubt and reflect an estimate of the amount of loss expected. The difference between sale and repurchase price is treated as interest / markup / return and accrued over the life of the underlying agreement using the effective interest method. Specific and general provisions are made based on an appraisal of the loan portfolio that takes into account Prudential Regulations issued by the State Bank of Pakistan from time to time. 116 SCBP Annual Report 2009 . The general provision is for the inherent risk of losses which. Regular way purchases or sales are purchases or sales of investments that require delivery of assets within the time frame generally established by regulation or convention in the market place. When the Group is the lessor in a lease agreement that transfers substantially all of the risks and rewards incidental to ownership of an asset to the lessee. the arrangement is presented within loans and advances. The surplus / deficit arising as a result of revaluation at market value is kept in a separate account below equity.4 Sale and repurchase agreements Securities sold subject to repurchase agreements ('repos') remain on the balance sheet. Assets given under Ijara contracts entered after 1 July 2008 are depriciated over the period of lease on a straight line basis. although not separately identified. Securities purchased under agreements to resell ('reverse repos') are recorded as lendings to financial institutions. the counterparty liability is included in borrowings from financial institutions. are stated at cost or revalued amount less accumulated depreciation and accumulated impairment losses thereon.6 Operating fixed assets . Cost includes expenditure that is directly attributable to the acquisition of fixed assets. Advances are written-off when there is no realistic prospect of recovery. These are carried at amortised cost.5 Advances Advances are stated net of provision against non-performing advances. the date that the Group commits to purchase or sell the asset. 3. are known from experience to be present in any loan porfolio.tangible Owned Operating fixed assets. 3. All 'regular way' purchases and sales of investments are recognised on the trade date i. The Ijara arrangements are shown as financing under loans and advances. 3. c) Available for sale These are investments that do not fall under the held for trading or held to maturity categories and are carried at market value.

The net amount is then restated to the revalued amount. Surplus arising on revaluation is credited to the 'surplus on revaluation of fixed assets' account (net of deferred tax). www. Computer software Acquired computer software licenses are capitalised on the basis of costs incurred to acquire and bring to use the specific software. at the date of revaluation. only when it is probable that future economic benefits associated with the item will flow to the Group and the cost of the item can be measured reliably.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 Subsequent costs are included in the asset's carrying amount or are recognised as a separate asset. Surplus on revaluation of fixed assets (net of deferred tax) is transferred to unappropriated profit to the extent of incremental depreciation charged on related assets.standardchartered. Goodwill is tested annually for impairment and carried at cost less accumulated impairment.com. deficit arising on revaluation of fixed assets is adjusted against the balance in the above-mentioned surplus account. Acquired intangibles in business combination Acquired intangibles in business combination that have finite lives are amortised over their economic useful life based on the manner that benefits of the relevant assets are consumed. Depreciation on all other fixed assets is calculated using the straight line method to allocate their depreciable cost or revalued amount to their residual values over their estimated useful lives. Under the provisions of the Companies Ordinance.7 Intangible assets Goodwill Goodwill represents the excess of cost of an acquisition over the fair value of the share of net identifiable assets acquired at the date of acquisition.pk 117 . The residual values and useful lives of fixed assets are reviewed. less accumulated depreciation. 3. Leased Fixed assets held under finance lease are stated at the lower of fair value of asset and present value of minimum lease payments at the inception of lease. Financial charges are allocated over the period of lease term so as to provide a constant periodic rate of financial charge on the outstanding liability. Depreciation is charged on the basis similar to owned assets. as appropriate. These costs are amortised on the basis of their expected useful lives. Land and buildings on freehold land are revalued by independent professionally qualified valuer(s). and adjusted (if appropriate) at each balance sheet date. is eliminated against the gross carrying amount of buildings. Land is not depreciated. 1984. Accumulated depreciation on buildings. All other repairs and maintenance expenditures are charged to profit and loss account during the financial period in which they are incurred. Gains and losses on disposal of fixed assets are included in profit and loss account currently. The revaluation is carried out with sufficient regularity to ensure that the carrying amount does not differ materially from that which would have been determined using fair value at the balance sheet date.

9 Staff retirement benefits Defined benefit plan The Group operates approved funded pension and gratuity schemes for all its non-management employees. are translated to Pakistan Rupees at exchange rates prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the reporting date are retranslated to Pakistan Rupees at the exchange rate prevailing at that reporting date. the estimated pre-tax future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. Foreign currency differences are recognised in other comprehensive income. 3. In assessing value in use.8 Impairment of non-financial assets The carrying amounts of the Group’s non-financial assets. the liability / asset recognised on the balance sheet is the present value of defined benefit obligation at the balance sheet date less the fair value of plan assets. An impairment loss in respect of goodwill is not reversed. are reviewed at each reporting date to determine whether there is any indication of impairment.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 3. If any such indication exists then the asset’s recoverable amount is estimated. An impairment loss is recognised if the carrying amount of an asset or its cashgenerating unit exceeds its recoverable amount. other than deferred tax assets. 118 SCBP Annual Report 2009 . Foreign currency differences arising on retranslation are recognised in profit or loss. Past service costs are recognised immediately to the extent that benefits are vested and are otherwise recognised over the average period until benefits are vested on a straight line basis. impairment losses recognised in prior periods are assessed at each reporting date for any indications that the loss has decreased or no longer exists. The assets and liabilities of foreign operations are translated to Pakistan Rupees at exchange rates prevailing at the reporting date. contributing at 8.10 Foreign currency transactions Transactions in foreign currencies are translated to Pakistan Rupees at exchange rates prevailing at the date of the transaction. The defined benefit obligation is calculated annually by independent actuaries using the "Projected Unit Credit Actuarial Cost Method". For defined benefit plans. Defined contribution plan The Group also operates a defined contribution gratuity scheme for all its management staff and a provident fund scheme for all its permanent staff. Current service costs and any past service costs together with the expected return on plan assets less the effect of the unwinding of the discount on plan liabilities are charged to operating expenses.33 percent and 10 percent of basic salary respectively. The income and expenses of foreign operations. 3. Actuarial gains and losses that arise are recognised in other comprehensive income in the period in which they arise. An impairment loss is reversed if there has been a change in the estimates used to determine the recoverable amount. and a management pension scheme only for its existing pensioners. The recoverable amount of an asset or cash-generating unit is the greater of its value in use and its fair value less costs to sell. In respect of other assets.

Deferred tax is measured at tax rates that are expected to be applied to the temporary differences when they reverse. commitment fee. Mark-up on rescheduled / restructured loans. the income is recognised on a www.standardchartered. and any adjustment to tax payable in respect of previous years. so as to produce a systematic return on the net investment in lease. Under this method the unearned income i.e. Deferred tax assets are reviewed at each reporting date and are reduced to the extent that it is no longer probable that the related tax benefit will be realised. where necessary. Ijarah rentals are recognized as income on accrual basis. Unrealised lease income pertaining to non-performing leases is held in suspense account.11 Taxation Income tax expense comprises of current and deferred tax. the excess of aggregate Ijarah rentals (including residual value) over the cost of the asset under Ijarah facility is deferred and then amortised over the term of the Ijarah. In case of Ijarah arrangements with staggered rentals. providing for temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. For Ijarah arrangements commencing on or after 1 July 2008.pk 119 . advances and investments is recognised on a receipt basis in accordance with the requirements of Prudential Regulations issued by the State Bank of Pakistan and Securities and Exchange Commission of Pakistan. the excess of aggregate lease rentals and the estimated residual value over the cost of the leased assets is deferred and taken to income over the term of the lease. Deferred tax is not recognised on temporary differences relating to: (i) the initial recognition of goodwill. Processing. penal charges and commission are recognised as income when realised. Mark-up recoverable on classified loans. Current tax Current tax is the expected tax payable on the taxable income for the year (using tax rates enacted or substantively enacted at the balance sheet date). Income tax expense is recognised in the profit and loss account except to the extent that it relates to items recognised directly in equity or in other comprehensive income. A deferred tax asset is recognised only to the extent that it is probable that future taxable profits will be available against which the asset can be utilised. where appropriate. Deferred tax Deferred tax is provided for using the balance sheet method. based on the laws that have been enacted or substantively enacted by the reporting date. The effective interest rate is the rate that exactly discounts the estimated future cash payments and receipts through the expected life of the financial asset or liability (or.com. the unearned lease income i. 2008.12 Revenue recognition Mark-up / return on advances and investments is recognised on an accrual basis using the effective interest rate method. in accordance with the requirements of the Non-Banking Finance Companies and Notified Entities Regulations. front end fee. as and when rentals become due. Under this method. The Group follows the finance method for recognising income on Ijarah contracts commencing prior to 30 June 2008 and accounted for as finance leases. 3. The Group follows the effective interest method in accounting for the recognition of lease income. and (ii) the initial recognition of assets or liabilities in a transaction that is not a business combination and that affects neither accounting nor taxable profit. advances and investments is also recognised in accordance with the requirements of these Prudential Regulations. a shorter period) to the carrying amount of the financial asset or liability.e. so as to produce a constant rate of return on net investment in the Ijarah.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 3.

120 SCBP Annual Report 2009 .14 Provisions Provisions for restructuring costs and legal claims are recognised when: (i) the Group has a present legal or constructive obligation as a result of past events. and (iii) the amount has been reliably estimated. and subsequently measured at their amortised cost using the effective interest method. Documentation charges. Unrealized lease income pertaining to non-performing leases is held in suspense account. trusts.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 straight line basis over the Ijarah term. retirement benefit plans and other institutions. Fees and commission income are generally recognised on an accrual basis when the service has been provided. Dividend income is recognised when the right to receive income is established.15 Fiduciary activities The Group commonly acts in fiduciary capacities that result in the holding or placing of assets on behalf of individuals. A brief description of the products and services offered by different segments of the Group is given in note 36 to these financial statements. These assets and income arising thereon are excluded from these financial statements.13 Derivative financial instruments Derivative financial instruments are initially recognised at fair value and are subsequently remeasured at fair value. as they are not assets of the Group. or in providing products or services within a particular economic environment (geographical segment). 3.18 Subordinated liabilities Subordinated liabilities are initially measured at fair value plus transaction costs. and only when. 3.16 Segment reporting A segment is a distinguishable component of the Group that is engaged either in providing products or services (business segment). Fees and commission which in substance amount to an additional interest charge. which is subject to risks and rewards that are different from those of other segments. 3. Any change in the fair value of derivative financial instruments is taken to profit and loss account. are recognised over the life of the underlying transaction on a level yield basis. front-end fee and other Ijarah income are recognised as income on receipt basis. The Group’s primary format for segment reporting is based on business segments.17 Offsetting Financial assets and liabilities are set off and the net amount presented in the balance sheet when. (ii) it is more likely than not that an outflow of resources will be required to settle the obligation. All derivative financial instruments are carried as assets when fair value is positive and liabilities when fair value is negative. the Group has a legal right to set off the amounts and intends either to settle on a net basis or to realise the asset and settle the liability simultaneously. The revenue from award credits for loyalty points earned on use of various products of the Bank is measured by reference to their fair value and is recognised when award credits are redeemed. 3. 3. 3. in accordance with the requirements of the Prudential Regulations. where necessary.

21 Share-based compensation The Group operates cash-settled share-based compensation plans.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 3. • IFRIC – 17 . any interest retained in the former subsidiary will be measured at fair value with the gain or loss recognized in the profit or loss. Cash-settled awards are revalued at each balance sheet date with any changes in fair value charged or credited to staff costs in the profit and loss account.pk 121 . to be recognized as an equity transaction. transaction costs other than share and debt issue costs to be expensed.20 Discontinuing operations A discontinuing operation is a component of the Group's business that represents a separate major line of business or geographical area of operations that has been disposed of or is held for sale. 3. with the related gain or loss recognised in profit or loss and any non-controlling (minority) interest to be measured at either fair value. contingent consideration to be measured at fair value. the assets and disposal group are measured at the lower of their carrying values and fair values less cost to sell. while maintaining control. The amendment is not relevant to the Group’s operations. When the group loses control of subsidiary. before construction is complete.com.Consolidated and Separate Financial Statements (effective for annual periods beginning on or after 1 July 2009) requires accounting for changes in ownership interest by the group in a subsidiary.19 Non-current assets and disposal groups held for sale Non-current assets and disposal groups comprising of assets and liabilities that are expected to be recovered primarily through sale rather than continuing use are classified as held for sale. If there are subsequent changes in the fair value before the liability is discharged. amendments and interpretations of approved accounting standards will be effective for accounting periods beginning on or after 1 January 2010: • Revised IFRS 3 .22 New standards and interpretations not yet adopted The following standards. Thereafter.Business Combinations (applicable for annual periods beginning on or after 1 July 2009) broadens among other things the definition of business resulting in more acquisitions being treated as business combinations. on a transaction-by-transaction basis. Immediately before being classified as held for sale. the assets and components of disposal group are remeasured in accordance with the Group's accounting policies. • IFRIC 15 . • Amended IAS 27 . 3. the liability for the dividend is measured at fair value. this is recognised in equity. The application of this standard is not likely to have an effect on the Group’s financial statements. if earlier. 3. this interpretation has no impact on the Group’s financial statements. the difference between the carrying amount and fair value is recognised in the income statement. Classification as a discontinuing operation occurs on disposal or when the operation meets the criteria to be classified as held for sale. The fair value of the employee services received in exchange for the grant of the options is recognized as an expense. any pre-existing interest in an acquiree to be measured at fair value.standardchartered. such as apartments or houses. When the non-cash asset is distributed. or at its proportionate interest in the identifiable assets and liabilities of an acquiree. www. 'off-plan'. that is. As the Group does not distribute non-cash assets to its shareholders. The application of the standard is not likely to have any material effect on the Group’s financial statements.Distributions of Non-cash Assets to Owners (effective for annual periods beginning on or after 1 July 2009) states that when a Bank distributes non cash assets to its shareholders as dividend.Agreement for the Construction of Real Estate (effective for annual periods beginning on or after 1 October 2009) clarifies the recognition of revenue by real estate developers for sale of units.

These amendments remove unintended consequences arising from the treatment of prepayments where there is a minimum funding requirement. This interpretation has no impact on the Group’s financial statements.The Limit on a Defined Benefit Assets.Financial Instruments: Presentation – Classification of Rights Issues (effective for annual periods beginning on or after 1 February 2010). The amendments specify that if an entity is committed to a plan to sell a subsidiary. IAS 24 . Amendments to IFRIC 14 IAS 19 . Minimum Funding Requirements and their Interaction (effective for annual periods beginning on or after 1 January 2011). Amendment to IFRS 2 . This amendment is not likely to have any impact on the Group’s financial statements.Share-based Payment – Group Cash-settled Share-based Payment Transactions (effective for annual periods beginning on or after 1 January 2010).Extinguishing Financial Liabilities with Equity Instruments (effective for annual periods beginning on or after 1 July 2010). IFRIC 19 . The IASB amended IAS 32 to allow rights. then it would classify all of that subsidiary’s assets and liabilities as held for sale when the held for sale criteria in IFRS 5 are met. The amendments resolve diversity in practice regarding attribution of cash-settled share-based payment transactions and require an entity receiving goods or services in either an equity-settled or a cash-settled payment transaction to account for the transaction in its separate or individual financial statements. This applies regardless of the entity retaining an interest (other than control) in the subsidiary. The amendment would result in certain changes in disclosures.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 • The International Accounting Standards Board made certain amendments to existing standards as part of its Second annual improvements project. • • • • • • 122 SCBP Annual Report 2009 . The effective dates for these amendments vary by standard and most will be applicable to the Group’s 2010 financial statements. Currently effective IFRSs require attribution of group sharebased payment transactions only if they are equity-settled. This interpretation has no impact on the Group’s financial statements. options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. The revision amends the definition of a related party and modifies certain related party disclosure requirements for government-related entities.Non-current Assets Held for Sale and Discontinued Operations – (effective for annual periods beginning on or after 1 July 2009). These amendments are unlikely to have an impact on the Group’s financial statements.Related Party Disclosures (revised 2009) – effective for annual periods beginning on or after 1 January 2011. These amendments result in prepayments of contributions in certain circumstances being recognised as an asset rather than an expense. Amendment to IAS 32 . This interpretation provides guidance on the accounting for debt for equity swaps. and disclosures for discontinued operations are required by the parent when a subsidiary meets the definition of a discontinued operation. This amendment is not likely to have any impact on the Group’s financial statements. Improvements to IFRSs 2008 – Amendments to IFRS 5 . options or warrants to acquire a fixed number of the entity’s own equity instruments for a fixed amount of any currency to be classified as equity instruments provided the entity offers the rights.

121. CASH AND BALANCES WITH TREASURY BANKS In hand . LENDINGS TO FINANCIAL INSTITUTIONS 6.217 17.455 1.627 6.389 million (2008: Rs.576. These arrangements are governed under Master Repurchase Agreements.873 741.741.9 percent per annum) payable at maturity.Local currency current account-Islamic Banking .996.1 2.749 5.863 1. 2.Local currency current account .In current accounts Outside Pakistan .886.064 12. Note 2009 2008 (Rupees in ‘000) Repurchase agreement lendings (Reverse Repo) Placements 6.164 3.846 787.475.121 5.472.510 785.211.Foreign currencies With State Bank of Pakistan in: . and are due to mature by January 2010. This includes National Prize Bonds of Rs.905 31.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 Note 4. UK outside Pakistan. UK outside Pakistan at mark-up rates ranging from 0.Local currency current account 2009 2008 (Rupees in ‘000) 4.175 2.305.446. BALANCES WITH OTHER BANKS In Pakistan . 6.268 524.01 percent and 2.568.53 percent per annum (2008: 0.2 www.1 5.202 million) held with branches of Standard Chartered Bank PLC.142 2.58 million (2008: Rs.453 4.1 This includes balances of Rs.pk 123 .954 31.119 4. 2.673 18.1 6.521.Foreign currency deposit account Cash reserve account (5% of FE 25) Special cash reserve account (15% of FE 25) Local US Dollar collection account With National Bank of Pakistan in: . and are due to mature by March 2010.866.891 256.414 1.641.69 percent per annum).582 5.847 20.376.1 These carry mark-up at rates ranging from 11 percent to 12. 2.4 percent per annum (2008: 11 percent to 14.162. 975.005. This represents placements with branches of Standard Chartered Bank PLC.491 9.1 2.552 21.127 1.573.830.296.120.In current accounts 94.26 million).592 8.261.com.15 percent to 0.2 3.179.Local currency .527 60.751 1.798 22.standardchartered.

045 10.798 (12.6 7.818 300.922.916 989.450 86.263.819.095 161.568.818 300.772 10.652 million (2008:Rs.990 438 (1.000 19.527 179.1 154.079 30.835 (735.022.472.987 1.219.265.010 3.000 17.845.750 79.238.121.695 19.057 17.927.225 31.858.841.6 7.021 154.853.475.551 6.987 1.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 Note 6.1 INVESTMENTS .364 86.751) 30.5.279 179.475.4 Securities held as collateral against lendings to financial institutions 2009 Held by bank Further given as collateral Total Held by bank 2008 Further given as collateral Total --------------------------------------.701) 83.922 (21.916 - 7.3 Particulars of lending In local currency In foreign currencies 2009 2008 (Rupees in ‘000) 3.3 7.217 17.695) 28.086 10.790 7.446.net (Deficit) / surplus on revaluation of available for sale securities .054 10.057 (4.797.079 30.463.551 6.057 19.446.009 63.847 10.364 86.11 7. 7.460 7.(Rupees in '000) --------------------------------------Market Treasury Bills 3.800.797.064 12.466.191 1.991.248 2. 7.170 (21.673 - 12. 3.609.NET Investments by type Held for trading Market Treasury Bills Pakistan Investment Bonds Term Finance Certificates -listed Available for sale Market Treasury Bills Pakistan Investment Bonds Ordinary shares of listed companies Units / certificates of mutual funds Ordinary shares of unlisted companies Sukuk Bonds Held To Maturity Pakistan Investment Bonds Sukuk Bonds Investments at amortised cost Provision for diminution in the value of investments Investments (net of provisions) Surplus on revaluation of held for trading securities .8 7.773 4.078.937.750 83.388.877.923.460 989.7 7.265.446.778.141 12.191 1.872.141 12.962) 14.047 438 (1.481.000 4.555 9.010 3.10 124 SCBP Annual Report 2009 .847 20.673 The market value of securities held as collateral against lendings to financial institutions amounted to Rs.net Total Investments 7.741 (12.627 6.640 4.078.239 19.643) 83.835 (738.450 86.928 186.565 million).217 - 3.643) 79.(Rupees in '000) --------------------------------------7.9 58.248 4.000 2009 2008 Note Held by bank Given as collateral Total Held by bank Given as collateral Total --------------------------------------.799 68.555 9.043.474) 78.800.865.217 12.829 10.800.402 18.751) 30.928 186.733) 28.799 68.661 161. 12.

695) 28.781 10.751) 30.1 Market value of held to maturity investment amounted to Rs.047 438 (1.000 9. including an amount earmarked against the facilities allocated to branches now in Bangladesh.009 million (2008: Rs.5.151 12.824 10.751 7.standardchartered. Market Treasury Bills and Pakistan Investment Bonds are eligible for discounting with the State Bank of Pakistan.790 7.450 30.028.835 (735.555 86.527 179.3.643) 83.653.1 The total provision against investments relates to 'Available for Sale' investments. 19.263.4 Investments include securities having book value of Rs.net Deficit on revaluation of available for sale securities .5 7.765 (2.pk 125 .net 70.3.119 12.com.937.331 million) www.868.057 million) pledged with the State Bank of Pakistan as security to facilitate T.277 11.750 186.632 10.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 7.551 86.2 Investments by segment Note 2009 2008 (Rupees in ‘000) Federal Government Securities Market Treasury Bills Pakistan Investment Bonds Fully paid up ordinary shares Listed companies Unlisted companies Bonds and Term Finance Certificates Sukuk Bonds Term Finance Certificates Other investments (mutual funds) Total investment at amortised cost Less: Provision for diminution in the value of investments Surplus on revaluation of held for trading securities .T.119 10. 7.751 11.865.460 6. discounting facility to the Bank. 19.1 12.514 million (2008:Rs 132.067.643 2.873) 8.927.701) 83.170 (21.798 (12.892 21.661 18.987 1. 142.403.877.819.364 83. 7.818 300.3 Particulars of provision for diminution in the value of investments Opening balance Charge for the year Reversals Net charge Closing Balance 7.841.

524 All shares are ordinary shares of Rs.214 7.listed 2009 2008 (Number of Shares) 2009 2008 Rating Cost (Rupees in '000) Market Value Rating Cost (Rupees in '000) Market Value 260.392 3 1 128 4.447 580.8 Particulars of units / certificates held in mutual funds 2009 2008 (Number of Shares) 2009 2008 Rating Cost (Rupees in '000) Market Value 1.589 106 4.344 Rating Cost (Rupees in '000) Market Value 3.684 1 74 1. 10 each except otherwise mentioned.000 900 200 400 183.001 6.000 183.345 4-Star 5-Star 5-Star 4-Star 4-Star 2 60 1.750 372.000 260.323 Unrated Unrated 17.970 17.363 981 2.000 300.250 3.905 73.364 (4.9 Bonds and Term Finance Certificates 2009 2008 Rating Cost (Rupees in '000) Market Value Rating Cost (Rupees in '000) Market Value Wapda Sukuk Bonds Pakistan International Airlines Sukuk Bonds 7.000 1.695 4.551 (5.094.10 Unrated Unrated 300.066.000 300.524 4.800.031) 4.019) 2.457.418 10.046 3 1 505 10.295.363 5.3 1.000 Unrated N/A 300.000 Unrealized gain on revaluation of investments classified as held for trading 2009 2008 (Rupees in ‘000) 177.7 Particulars of shares held .721 9.766) 3.524 4.3 10. 7.147 3.745 2.389.100 UTP Large Capital Fund N/A Pakistan Capital Market Fund N/A National Investment (Unit)Trust 5-Star First Dawood Mutual Fund 4-Star Pakistan Strategic Allocation Fund N/A Provision for diminution in the value of investments .078.745 7.750 - 197 5.695 Unrated Unrated Unrated Unrated Unrated 10.000 300.971) 4.000 1.650 5 2.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 Quality of 'Available for Sale' securities 2009 2008 Rating Cost (Rupees in '000) Market Value Rating Cost (Rupees in '000) Market Value 7.note 7.260.520 4.580 4.835 360 78 438 Market Treasury Bills Pakistan Investment Bonds Listed Term Finance Certificates 126 SCBP Annual Report 2009 .6 Federal Government Securities Market Treasury Bills Pakistan Investment Bonds Unrated Unrated 63.141 12.568 1.000 1.450 (5.500.447 580.524.note 7.180 179.872.555 (6.388.254 848 3.000 300.344 3.140 63.161 10.054 74.800.500.000 Pakistan Telecommunication Unrated Company Limited Sakrand Sugar Mills Limited N/A Khurshid Spinning Mills Limited N/A Taj Textile Limited N/A AMZ Ventures Limited Unrated Provision for diminution in the value of investments .238.316.053 27.000 1.046 505 10.086 10.829 29.

987 895 86.334 Note 8. etc.769 Pakistan Export Finance Guarantee Agency Limited Chief Executive: S. 10 each Chief Executive: M.088 8.154 86.148 (12.070) 128.794.963 132.992.864 Provision for diminution in the value of investments .057 134.000 8.273.078 8. ADVANCES .NET Loans.314.1 Particulars of advances 8.000 Khushali Bank Limited Ordinary Shares of Rs.1.632. running finances.2 Short term (for upto one year) Long term (for over one year) www.004 2.653) 85.992.standardchartered.Outside Pakistan 2009 2008 (Rupees in ‘000) 134.063.775 3.928.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 7.835 8 8 Unrated Unrated 895 86.578 128.464.015.402.410.299 129.156 128.995. cash credits.11 Particulars of shares held . .353 4.867) 129.239 132. Ghalib Nishtar 573.460.Payable in Pakistan .3 (1.209 4.pk 127 .875.078 8.In Pakistan .440.775 1.903.M.855 42.458 5.769 573.728.In Pakistan .5 (17.587. Zaeem Society for Worldwide Interbank Fund Transfer Unrated Unrated 3.423.460.171.Outside Pakistan Net investment in Finance Lease / Ijarah Finance .556.078 98.com.000.500 3.832 141.183.1.021 8.992.623 2.818 (954) 85.057 8.728.note 7.000.402 6.950 146.Payable outside Pakistan Advances .430.794.753.963 4.353 - Ijarah contracts accounted for under IFAS 2 Bills discounted and purchased (excluding treasury bills) .gross Provision for non-performing advances Advances .696 129.1 In local currency In foreign currencies 123.976.922 30.3 2.460.088 2008 (Rupees in ‘000) A-/A-1 83.unlisted 2009 2008 (Number of Shares) 2009 (Rating) A-/A-2 2008 2009 83.154 125.440.423.548 4.154 1.2 3.net of provision 8.

660.220) 1.706 million (31 December 2008: Rs.410.148 2.506 105.795.867 10.402) 3.116 1.127.416.13.179) (231.006.075 12.021.262. machinery and equipment Motor vehicles Accumulated Net book depreciation value 192.482 720.506 million) which have been placed under non-performing status as detailed below: 2009 Classified Advances Provision Required Provision Held Domestic Overseas Total Domestic Overseas Total Domestic Overseas Total (Rupees in '000) Category of classification OAEM 165.209.794.695 22.528.775 334.171.547.235.272) (491.398 7.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 8.455 624.039 1. 2008: 30 percent) benefit of Forced Sale Value (FSV) of commercial .925. the provision requirement has been reduced by Rs.028 1.660.857 General 1.637 2.466.867 17.614.214 741.854.943 13.082 5.505 - 8.857 General Provision 1.346 2.484.417 .607) 1.653 1.528 2. the statement in respect of written-off loans or any other financial relief of five hundred thousand rupees or above allowed to a person(s) during the year ended 31 December 2009 is given in Annexure 1.4 Advances include Rs.417 12.010 22.120 334. 500.038.312 1.695 13.155.417 1.392.695 .410.301.907) 8.245.588.877 9.897 Substandard 4.398 7.149 1.070 35. in accordance with the requirements specified by SBP BSD Circular 10 dated 20 October 2009. 1962.214 9.070 (Rupees in '000) 12.019.482 (4.038.307.810 10.576.070 (Rupees in '000) 35.504 3.867 Classified Advances Domestic Overseas Total OAEM Substandard Doubtful Loss General Provision 17.087.000 8.506 12.003. 500.810 10.116 Doubtful 2.all in local currency Opening balance Charge for the year Reversals Amounts written off Other movements Closing balance 8.107.776.576. 22.5 million) due to 40 percent (31 December.417 1.810 10.116 1.7 Details of loans written-off of Rs.292.156.897 14. 318.654.337 9.864.023) 2.864.493 418.262.410.254 13.857 15.235.264 9.156.547.156.028 1.307.656.897 14.943 15. 8.653 8.794.695 13.149 Loss 15.070 7.162.116 1.812) 1. residential and industrial properties (land and building only) held as collateral.410.039 2.706 22.484.6 Particulars of write offs 2009 Specific 10. 17.334 5.760.398 7.3 Assets under Ijarah arrangements The following is a statement of assets leased out subsequent to 1 July 2008 that have been accounted for under Islamic Financial Accounting Standard 2.949 5.653 1.575 958.614.795) 1.353 (Rupees in '000) 1.2 Write-offs of Rs.484. 17.214) (16.025.085 2.824.417.156.180.410. 749.423.218.948.795.795.038.2 Net investment in Finance Lease 2009 Not later Later than than one one and less year than five years Over five years Total 2008 Not later Later than than one one and less year than five years Over five years Total (Rupees in '000) Lease rental receivable Residual value Minimum Lease payments Financial charges for future periods Present value of minimum lease payments 8.005 165.236.148) (19.5 Particulars of provision against non-performing advances .149 1.717.440.553 (1.417 1.417 1.854.252 (9.300.795.000 and above Write-offs of below Rs. 'Ijarah' (IFAS 2): 2009 Cost Tangible Plant.482 9.114.857 15.760) 7.835) 4. 500.400 4.897 14.854.000 and above In terms of sub-section (3) of section 33A of the Banking Companies Ordinance.854.864.148) (9.248 278.867 .836 2.794.344 8.614.741 696.070 - At 31 December.701 (561.827.901 15.719) 3.028 1.038. 128 SCBP Annual Report 2009 .581.719 4.003.864.506 2008 Provision Required Domestic Overseas Provision Held Overseas Total Domestic Total 35.005 14.920 849.504 3. 2009.653 1.417 663.911.188 (968.935.003.003.010 Total Specific 2008 General 4.795.614.010 1.442) 15.319 1.010 1.417 12.338 (442.411 991.132.028 1.839 (230.648 (530.232 (1.156.543 1.528.750.706 17.654.750.410.857 15.003.614.149 1.127.517 4.951 million (31 December 2008: Rs.232 3.653 2009 2008 (Rupees in ‘000) 2.112.239 Cost 2008 Accumulated depreciation Net book value 1.614.709 17.484.171.433.506 105.417 Total 11.653 1.307.6.130) (303.709 17.398 7.864.487.613 5.070 35.17.214 8.854.162.250 (4.090 2.794 (2.171.750.300.706 15.869) 17.867 17.230) 10.214) (303.235. The said FSV benefit is not available for distribution of cash and stock dividend.171.300.795.6.417 12.010 1.470) (2.706 22.775 2.875.491 141.266 1.307.949 5.436 4.307.094 2.300.829.810 10.576.719 1.472 (2.576.1 Against provisions Charged and written off during the year 8.177 (673.171.344 8.021.797.235.664.794.869) 12.540 (438.

235 245.032.644) - 102.741 3.643 338 338 2.550.003.906 (4.164.348.1 Capital work-in-progress Civil works Advance payment towards property and equipment Consultants' fee and other charges www. partners or in the case of private companies as members Balance at beginning of the year Loans granted during the year Repayments Balance at end of the year (iii) Debts due by subsidiary companies.333 - 9.964.741 9.738 3.944) 2.(Rupees in '000) -------------------------------------------------------Rentals receivable Residual value Total future Ijarah payments receivable 699. associated companies.505 96.413 (588.352 1.1 9. managed modarabas and other related parties Balance at beginning of the year Loans granted during the year Repayments Balance at end of the year 8.645) 102.470 86. executives or officers of the bank or any of them either severally or jointly with any other persons Balance at beginning of the year Loans granted during the year Repayments Balance at end of the year (ii) Debts due by companies or firms in which the directors of the bank are interested as directors.004 47.077) 2.935.803.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 2009 8.398. (i) Debts due by directors.676 25.398.766 586 700.429 (2.8 Particulars of loans and advances to directors.standardchartered.959.162 3.349 96.037 (38.9 Contractual rentals receivable.566 7.183 68.731 2.935 3.098 2.915 18.379 3.com.548 604.379 - 852.512 1.900.483 66.883) 130.250.349 6.pk 129 .266.131 244.614 1.812.Ijarah contracts commencing 1 July 2008 2009 Later than Later than Not later than one one and less five years year than five years year Total 2008 Not later Later than than one one and less than five years Later than five years 2008 (Rupees in ‘000) 2. controlled firms.794. OPERATING FIXED ASSETS Capital work-in-progress Property and equipment 9. etc.753 4.709 (1.316 67.2 68.316 Total ----------------------------------------------------------.495.782.

126.392.601 2.135 3.895 3.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 9.184.510 * The revaluation adjustments relate to the accumulated depreciation as at the revaluation date that was eliminated against the gross carrying amount of the revalued buildings.576 110 (15.756 (2.623) (43. Iqbal A.705) (58. Nanjee & Co.67% 2.830 (43.026 470.683 90.599.3 655.951. the carrying amounts would have been as follows: 2009 (Rupees in ‘000) Cost Accumulated depreciation Carrying amount The movement in surplus on revaluation of fixed assets is given in note 20.450 (449.826 (84.406.705 (40.184.577 463. (Private) Limited.801 203.965. fixture and office equipment (Rupees in’000) Vehicles Total Cost / Valuations At 1 January 2009 Additions during the year Revaluation surplus recorded Revaluation adjustments* Transfers / write offs Deletions At 31 December 2009 Depreciation At 1 January 2009 Charge for the year Revaluation adjustments* Transfers / write offs Deletions At 31 December 2009 Net book value 755.427 9.053 1.652) (38.735) 463.434 10.697 520 (172.715. The valuation performed by the valuer was based on active market prices.739 (449. 2.566 3.450 741.944 6.274.612) (377.723) (49. 3.838 130 SCBP Annual Report 2009 .739 (449.647) 541.171) 10.537 (449.026 1.315.464) 249.146.315 (29.054 23.495 708.128) (105.612) (214.537) 86.906 228.322 488.577 249.175 3.897 6.599.200 30.872) 51.882 110 (7.054 493.434.080 42.730) 1.213 44.945 (262.803.638) (81) 5.230 (124.375 7.457 (2.149 (449.989 648. If the owned land and buildings were measured using the cost model.428.745) 81.570 715 (178.683 213.779.597 (54.2 Property and equipment Land and Leased buildings on hold freehold land improvements 2009 Furniture.665.838 96.420) (39.322.935.193.710 6.392.871 530.838 195.118.314 6.315.085) 7.943. location or condition of the specific land and building.274.201) 755.135) 2.971 3.182 2.596 152.389.362 1.151) (111) 5.165.971 648. fixture and office equipment (Rupees in’000) Vehicles Total Cost At 1 January 2008 Additions during the year Acquisition Transfers / write offs Deletions At 31 December 2008 Depreciation At 1 January 2008 Charge for the year Acquisition Transfers / write offs Deletions At 31 December 2008 Net book value Rate of depreciation 9.1 to the financial statements.648) 3.117 (226.353 3.580 97.049) 44.927) (36.612) (253.257. adjusted for any difference in the nature.866 2.629) 2.580 2.658 3.042.935 20% The Bank's land and buildings on freehold land were revalued by an independent accredited professional valuer.717) (198.585) 3.126.33% 2.599.785 (15.787 (53.906 1.094) 3.434 6.354 33.28% 72.289 831. 2008 Land and buildings on freehold land Leased hold improvements Furniture. The revaluation has resulted in a net surplus of Rs.813) 3.612) (1.663 86.080 14.812 14.322.612) 1.294 848.182 72.229) 3.739 million over the book value.872 6. The date of revaluation was 31 December 2009.67% 263.666 22.

171 81 1.215 2.695 2. fixtures and office equipment Vehicles 111 1. Ilyas Hussain Soomro M/s. M/s.785 53 Employee Service RulesCar Sold to Rafi Ahmed Shariff (Ex-Employee) 314 Employee Service Rules Car Sold to Umair Abbasi Veh #.955 3. Depreciation rates for furniture.standardchartered. Harman Computer Vehicles 23 Employee Service Rules Car Sold to Rauf Jama Veh #.331 3.399 2.348 2.290 27 205 128 61 12 10 23 286 149 373 394 355 505 356 465 575 264 317 927 901 1. 1.557 1.167 187 182 205 101 243 293 332 296 243 630 794 1. and assets disposed of to the Chief Executive or to a director or to executives or to a shareholder holding not less than 10% of the voting shares of the bank or to any related party. Anis Ahmed & Bros.921 7. are given below: Particulars Cost Accumulated depreciation Book value Sale Gain / (Loss) Proceeds on Sale Mode of Disposal Particulars of Purchaser ------------------------------------------( Rs.931 58.331 Furniture.174 www.304 3.000 Land and builiding on freehold land Leased hold improvements Furniture.000.000. LWL . Muhammad Shahid Soomro M/s. Ali Sajjad Kazmi M/s.188 1.pk 131 . Farhan & Company M/s. Dilawar & Brothers M/s. ANW-391 458 Employee Service Rules Car Sold to Ali Azhar Naqvi (Ex-Employee) 3.415 3. the cost of fully depreciated property and equipment still in use amounted to Rs.883.373 1.017 Items having book value of less than Rs.876 50.33 33.0530 140 Employee Service Rules Car Sold to Shahab Anwer Veh #.821 14. Farhan & Company New Hampshire Insurance Company M/s.229 30 56 84 747 8.184 42.316 560 576 560 606 599 758 907 560 560 1. 1. fixtures and office equipment are as follows: Furniture and fixtures Printers Other office equipment Computer equipment ATM machines 33. fixtures and office equipment 4.107 920 1. 250.104 1. irrespective of value.814 2. LEF07-6359 35 Employee Service Rules Car Sold to Reza Asghar Veh #.888 million (2008: Rs.33 20 33.150 11.28 percent percent percent percent percent 9.757 7. Muhammad Shahid Soomro M/s. LT .739 1.692 8. Mohammad Ibrahim Osman Soomro M/s.000 and cost of less than Rs.5 As at 31 December 2009. which ever is less.042 25 246 245 33 626 130 61 50 199 9 118 41 66 (73) Tender Tender Tender Insurance Claim Tender Tender Tender Tender Tender Tender Negotiation Tender Tender Tender M/s.800 1.049 7.360 2.com.476 million). Farhan & Company M/s.315 1.074 5.795 133 1.290 2. 1 million or Rs 250.6 Details of disposal of fixed assets whose original cost or book value exceeds Rs.795 419 1.343 2. ANV-701 4 Employee Service Rules Car Sold to Ali Khan (Ex-Employee) Employee Service RulesCar Sold to Farhan Ud Din Niazi (Ex-Employee) 42 Employee Service Rules Car Sold to Imran Bari (Ex-Employee) 41 Employee Service Rules Car Sold to Abid Sultan Veh #.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 9.025 52 451 245 161 687 130 73 60 222 9 404 41 66 76 396 499 381 509 356 507 616 299 457 980 1.233. Farhan & Company M/s.33 14.267 2.942 58 1. APD-384 26 Employee Service RulesCar Sold to Shereen Hussain Veh #.184 49.116 7 (23) 2 1. '000) --------------------------------------------Leased hold improvements 1. 2.4 9.107 920 1.814 1.160 3.373 1. LED07-6515 105 Employee Service Rules Car Sold to Zarak Mooraj Veh #. Sprout Computers M/s.767 7.

5 percent.195.413 774.404 million).172 26.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 10.804) 302. The management believes that any reasonable possible changes to the key assumptions on which calculation of recoverable amount is based.998 259.544.190 1.982.274 2.065 112. The recoverable amount for the purpose of assessing impairment on goodwill on acquisition of Union Bank Limited was based on value in use.982.259 (8) 29.448 29.926 91.195.456 (8) 302.765) (3.140 38.765) (3.084 (8.310 26.335 165.413 774.680 389. would not cause the carrying amount to exceed the recoverable amount.495 497.095.334 161.174 45.009.382 787.1 10.2 26.679 million (2008:Rs.325.3 percent and a discount rate of 26.570 160.680 774.615 52.301 (8. 119.680 389.095.259 As at 31 December 2009.686 76.026. 130.982. The cash flows are discounted using a pre-tax discount rate which reflects the current market rate appropriate for the business.680 76.095.400 389.009.413 1.310 1.804) 2.310 775.095.535.310 26.274) (3.841 497.770 1.496 (8) 257.400 318.976 695.804) 225.544.400 302.402 225. the gross carrying amount of fully amortised intangible assets (computer software) still in use amounted to Rs.066 298.025 (11.521.804) 29.199 508.544.095.095. INTANGIBLE ASSETS 2009 Goodwill Core deposits intangible Customer relationships intangible Brand names Computer Software Total (Rupees in '000) Cost At 1 January 2009 Transfers / write offs At 31 December 2009 Depreciation At 1 January 2009 Charge for the year Transfers / write offs At 31 December 2009 Net book value 26.079 27.680 774.828 (11.400 389.586 419.413 1.518.251 2008 Cost At 1 January 2008 Deletions Transfers / write offs At 31 December 2008 Depreciation At 1 January 2008 Charge for the year Deletions Transfers / write offs At 31 December 2008 Net book value Rate of amortisation 10. 132 SCBP Annual Report 2009 .686 31.270 609.932 129.382 326.031 336.199 27.310 1.796 1.572 460.559. For the calculation as at 31 December 2009.066 38.060 20% 26.888 (8) 2. The calculations are based on cash flow projections based on budgets and forecasts approved by the management covering three year period.456 29. the bank has used a long term forecast GDP growth rate of 4.065 277. These are then extrapolated to a further period of 17 years using a steady long term forecast GDP growth rate and a terminal value determined based on a long term earnings multiple.310 1.274) (3.345 91.982.

310. and accordingly have recognized a deferred tax asset on such provision amounting to Rs.453 (Rupees in’000) Available for sale investments Accumulated business losses Provisions for loans and advances Other assets Fixed assets Deposits Subordinated loans Other liabilities Goodwill Actuarial gains on retirement benefits 155.1 The Finance Act.173) (2.281.731 (81.pk 133 .589) (33.173) 7.731 11.225 4.622) 4.271.738 (4.979) 11.310.531) 3.281. has suggested FBR to increase the threshold of 1 percent to 5 percent in case of consumer loans and advances to SMEs.com.114) 3.492 (604.114. PBA.424.479) 516.225 198.235) 10. www.555 (6.581 (387.716 81.576) (353. The amount of bad debts classified as substandard under Prudential Regulations issued by the State Bank of Pakistan would not be allowed as an expense.017 81. DEFERRED TAX ASSETS .225) 2.554) (22.225 4.183 1.979 (11.060) 22. Provisioning in excess of 1 percent would be allowed to be carried over to succeeding years. 2001.819) (41.368.582 257. and 2 percent in case of all other advances for the time being.111.537 6.949) 14.581 (387.183 1.135 674.253) (30.860) 2008 At 1 January 2008 (Charge)/ credit to profit and loss Debit / (credit) to equity / other comprehensive income At 31 December 2008 At 31 December 2009 (Rupees in’000) Available for sale investments Accumulated business losses Provisions for loans and advances Other assets Fixed assets Surplus on revaluation of Fixed Assets Goodwill Actuarial gains on retirement benefits 674.157 (33. 2.614 (3. whereby entire provision for bad debts created as per the requirements of Prudential Regulations issued by the State Bank of Pakistan were allowed as a deduction.NET The following are major deferred tax assets / (liabilities) recognised and movement thereon: 2009 At 1 January 2009 (Charge)/ credit to profit and loss Debit / (credit) to equity / other comprehensive income (417.179) (41. except provision for bad debts created in case of substandard category.607) (1.102 4.229.421) 519. 2009 has made significant amendments in the Seventh Schedule to the Income Tax Ordinance.896 (418.standardchartered.658) (14. Pakistan Bank Association (PBA) vide its’ letter dated 17 November 2009 has also suggested the Federal Board of Revenue (FBR) to restore the original provision of the Seventh Schedule.788 (726.114) 3. the deduction for provisions for advances and off balance sheet items will be allowed up to 1 percent of the total advances.368.311.060 (22.301) 1. as a matter of interim measure.492 (450. The amendments are applicable for financial year ended 31 December 2009.987 (6.196 8. Through these amendments.654) (376.716 81.007. The management has carried out an exercise at year end and concluded that they would be able to get deduction of provision in excess of 1 percent of total advances.607) (1.664) 6.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 11.253) (30. in view of the Government's current fiscal considerations.492) (676.114 million.

Sri Lanka operations Non-banking assets acquired in satisfaction of claims Tax compensation under section 102 of the Income Tax Ordinance Bank acceptances Unsettled trades Others Provision against other assets Note 2009 2008 (Rupees in '000) 5.787 84.564 40.469 (12.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 The amendments introduced in the Seventh Schedule do not provide for any transitional mechanism i.493.868.1 Provision against other assets Opening balance Charge for the year Reversal for the year Other movements Closing balance 130.485 193. OTHER ASSETS Income / mark-up accrued in local currency Income / mark-up accrued in foreign currencies Advances.475 410.144 192. how and when the provision for bad debts disallowed up to 31 December 2008 would be allowed as a deduction.482.180 6.193 48.557 2.262 340.726 (215.166.021 69.740 35.696.051) (130. till date no formal amendments have been made. 4. and therefore ICAP considers that the process has already commenced and the reasonable indications exist that the rule would be amended in due course.769 5. however.418 215.673.857) 28.051 1.210 107. However.240 million has been carried forward. FBR vide its letter dated 23 December 2009 informed ICAP regarding its decision to insert transitional provisions in the Seventh Schedule.021 134 SCBP Annual Report 2009 .437.445.positive fair value Receivable from SBP / Government of Pakistan Receivable from associated undertakings Receivable from Standard Chartered Bank.981 240.601 162.212.230.653 8.705 12.942 1. advance rent and other prepayments Receivable from defined benefit plans Receivable from defined contribution plans Advance taxation (payments less provisions) Branch adjustment account Unrealized gain on forward foreign exchange contracts Interest rate derivatives and currency option . the deferred tax asset recognized through 31 December 2008 relating to provisions for advances and off balance sheet items amounting to Rs. deposits.303 107.319 483.213 3. 1/2010 dated 13 January 2010 informing its’ members that the process of amending the Schedule requires a due process at the FBR.363.038.223.290 19.985 797.051 132.283 55.247 104.617) 130.341 19.606 22.169 95.303 160.810 302. ICAP also issued Circular No. The Institute of Chartered Accountants of Pakistan (ICAP) and PBA have been following up the matter with FBR. 12. pending the final resolution of the matter.660 2.021) 22.653 160.638 (2.354 369. Accordingly.490 519.238 109.e.1 12.840 17.

755 28.2 Repurchase agreement borrowings carry mark-up at rates ranging from 11.1 Particulars of borrowings with respect to currencies In local currency In foreign currencies 14.3704 per rupees one thousand per day.337.811.791. 0.000 39.LTFF State Bank of Pakistan .2. These facilities are secured against hypothecation over moveable leased assets of the Modaraba. 14.2.5 percent) per annum.326 8.132 36.839 8.298 146.239 100.132 36.693 4.638 2008 4.2.2 14.5 percent to 7 percent (2008: 6.161. These loans are secured against demand promissory notes executed by the Bank in favour of State Bank of Pakistan.755 28.200.000 41.2.000 493.326 5.pk 135 . and also includes Islamic Export Refinance scheme amounting to Rs.com.811.LTF .2.194 15.551.092 6.864 219. www.727 134. 114. BORROWINGS FROM FINANCIAL INSTITUTIONS In Pakistan Outside Pakistan 15.standardchartered.3575 to Rs.847.594 14. The rate of profit on these facilities ranges from Rs.3 14.2.309 4.778.996.6 9.762.9 percent to 12.Export Oriented Projects Unsecured Call borrowings Overdrawn nostro accounts 15.667 239.194 15.594 14.2 Details of borrowings secured / unsecured Secured Borrowings from State Bank of Pakistan under Export Refinance (ERF) scheme Repurchase agreement borrowings (Repo) Term finance Murhabaha finance State Bank of Pakistan . BILLS PAYABLE In Pakistan Outside Pakistan Note 2009 4.3 Standard Chartered Modaraba has availed murabaha finance from Bank Islami Limited and Meezan Bank Limited.700.2.1 Mark-up on Export Refinance (ERF) from State Bank of Pakistan is charged at 6.601 15.207 4.326 8.980 95.1 14.991 8.603 2.300 million(2008: NIL).725 950. 0. 14.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 13.594 14.7 14.847.847.879 14.2.791.420 (Rupees in '000) 14.762.844.3 percent (2008: NIL percent per annum).296.839 8.791.855.431 144.

Current accounts . 108.590 million). UK outside Pakistan amounting to Rs.825 174.523.481 141.228.396 157.511. 36.778.337 206. 15.004 206.732.467.000 1.851 61.408 16.2 Particulars of deposits 2009 2008 (Rupees in '000) In local currency In foreign currencies 168.1 786.129. and carry the following terms: 136 SCBP Annual Report 2009 .Non-remunerative .778. UK operating outside Pakistan.696 million (2008:Nil).1 1.915.6 Mark-up on Long Term Finance for Export Oriented Projects (EOP) from State Bank of Pakistan is charged at rates ranging from 7 percent to 7.344 32.783.2.737 541. 15.2.25 percent (2008: 4 percent to 7 percent) per annum.088 173.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 14.000 million respectively are unsecured and are subordinated to the depositors and other creditors of the bank.5 The market value of securities held as collateral against borrowings from financial institutions amounted to Rs.904 1.7 These include overdrawn nostro accounts with branches of Standard Chartered Bank PLC.891 240.075 million (2008: Rs.853 206.270.239 4.1 This includes Rs.362 79.2.555 37.Savings deposits .915.961.970.746 51. 14.239 - - - 14. These loans are secured against promissory notes executed by the Bank in favour of State Bank of Pakistan.826 million) for balances of branches of Standard Chartered Bank PLC. 28.300 16.559 million (2008: Rs.Non-remunerative deposits Note 2009 2008 (Rupees in '000) 58.710.511.954.Margin accounts .191 59.4 Securities held as collateral against borrowings from financial institutions Held by bank 2009 Further given as collateral Total Held by bank 2008 Further given as collateral Total (Rupees in '000) Market Treasury Bills - 4.778.403 753. 4.2.Special exporters' account Financial Institutions .462. The first issue of Rs 750 million was fully repaid during FY 2008. DEPOSITS AND OTHER ACCOUNTS Customers .825 174. The outstanding second and third issues of Rs 750 million and Rs 1.408 15. SUB-ORDINATED LOANS Term Finance Certificates issued 16.411 67.401.071 15.156.960.1 The Bank has issued subordinated Term Finance Certificates in three issues.Fixed deposits . 334. 14.

361 296.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 Second Issue Year of Issue Rating Rate 2003 AAA 0.564 792.556 717.428.288.486 10.219 10.4 17.409 76.437.164 (Rupees in '000) 17.019 10. OTHER LIABILITIES Mark-up / return / interest payable in local currency Mark-up / return / interest payable in foreign currencies Musharika and accrued profit thereon Certificates of Musharika Accrued expenses Advance payments Sundry creditors Unrealized loss on forward foreign exchange contracts Unrealized loss on interest rate derivatives and currency options Provision against cross currency swaps Payable to defined contribution plans Due to Holding Company Unclaimed balances Provision against off balance sheet obligations Worker's Welfare Fund (WWF) payable Short sell .728 16.957 86.com.248 34.605.965 648.191.673.3 17.876 86.299 39.779.024 2008 2.731.304 6.711 12.174.682 64.176 785.891.467 1.864.614.363 559.433 1.1 The estimated share of profit payable on participatory and unsecured Musharika facilities ranges from 10.845 326.518 132. www.2 The estimated share of profit payable on participatory and unsecured Certificates of Musharika ranges from 10% to 15% per annum and are due to mature by May 2014.75% above the cut-off yield of last successful auction of five years PIB Third Issue 2005 AAA 2.051 555.798.75% 7 years Note 17.pk 137 .604 16.00% above the six months Karachi Inter-Bank Offered Rate ("KIBOR") prevailing one working day prior to the beginning of each semi annual period 7 years Floor Ceiling Repayment 5% 10.000 3.762 25.2 17.643 84.899 152.008 799.Treasury Bills / Pakistan Investment Bonds Bank acceptances Security Deposits Certificate of Investment Unsettled trades Others 2009 3.236 60.864 8.582 11.993 460.787 1. 17.standardchartered.337 74.785 1.102.213 751.75% to 12% per annum and are due to mature by June 2010.238 2.616.1 17.

1 This represents excess of fair value of the shares over par value of shares issued to registered shareholders of Union Bank in terms of the amalgamation scheme.1 Authorized 2009 2008 (Number of Shares) 4.594 1.2 2009 1.939.021 18.000.3 Due to Holding Company On account of reimbursement of executive and general administrative expenses Others 17.036.257 2.850 9. and 39.800.637 10.762 18.1 19. United Kingdom.347 2008 1.000.495 (116.156.585.397.000.684 (Rupees in '000) 19.018 Ordinary shares of Rs.876 185.976 (10. Standard Chartered Bank . United Kingdom against transfer of entire undertaking of SCB Branch Business by SCB to the Bank. 138 SCBP Annual Report 2009 .871.850 3.715.000 4.904.000.554.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 17.939.785.99% shares of the Bank.003 3.397.715. RESERVES Share premium Statutory reserve Note 19.3 9. SHARE CAPITAL 2009 2008 (Rupees in '000) 10.091 458.090 868.000.728 6.151 shares of Rs 10 each issued and allotted at par to Standard Chartered Bank.800.245.10 each 40.762 19.000 38.2 Issued.000. the Bank is required to transfer twenty percent of its profit of each year to a reserve fund until the amount in such fund equals the paid-up capital of the Bank.4 Provision against off-balance sheet obligations Opening balance Charge / (reversal) for the year Other movements Closing balance 18.585.021 2. 1962. 10 each Fully paid in cash Issued in terms of scheme of amalgamation 29.871.000 Ordinary shares of Rs.518 193.850 931.728 6.000 38.785.036.614.678.3 These represent 892.4 At 31 December 2009. 18.852 shares issued and allotted at par credited as fully paid up to persons who were registered shareholders of Union Bank.018 931. held 98.318.000 40. These shares have been issued in accordance with the scheme of amalgamation duly approved by State Bank of Pakistan on 4 December 2006.052.733) 76.2 In accordance with the Banking Companies Ordinance. subscribed and paid-up 2.016.003 18.090 1.850 29.318.864. 19.220) 86. 19.604 76.000 18.

252.332 13.488. The bank has referred the claims to Alternate Dispute Resolution (ADR) Committee.911.1 12.661 5.1 Surplus on revaluation of fixed assets Surplus on revaluation of land and buildings on freehold land recorded during the year Deferred tax liability on revaluation of land and buildings on freehold land 3.080.980) (Rupees in '000) 20.558.739 (41. CONTINGENCIES AND COMMITMENTS 69.165) 3.679 13.540.3.Government .standardchartered.927.165) 16.345 million (2008: 112.173) 3. The guarantees remaining outstanding against the said customer at 31 December 2009 amount to Rs.481 34.827 million).800.566 - 20.715 (1.980) (1.921 20.252. where it is yet to come up for a hearing.045.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 20. 80.536 (478.566 (478.943.980) 21. 128.1 Transaction-related contingent liabilities Guarantees issued favouring: .599.827 million (2008: 80.460 21.059.2 2009 3.401 2008 (1.252.com. Government of Pakistan.332 (805.209.020 (1.558. it would be able to recover them from the customer. www.2 Surplus / (deficit) on revaluation of Avaiable for Sale securities Market Treasury Bills Pakistan Investment Bonds Listed shares Related deferred tax asset 21. The bank considers that the above amounts are not payable and if it is required to settle the claims.pk 139 .2 Trade-related contingent liabilities Letters of credit 21.Others 21.169.149) 116 (735.1 This includes claims for penal interest and additional surcharge amounting to Rs.874 25.180 million) claimed by Customs authorities in respect of certain bank guarantees issued on behalf of a customer in favour of Collector of Customs.776) 61 (1.NET OF TAX Surplus / (deficit) arising on revaluation of: Fixed assets Available for Sale securities Note 20.695) 674.701) 257.3.102 9.1 20.3 Other contingencies Claims against the Bank not acknowledged as debt 21. SURPLUS / (DEFICIT) ON REVALUATION OF ASSETS .

597.142.759 292.4 Commitments in respect of forward foreign exchange contracts Purchase State Bank of Pakistan Other banks Customers Sale State Bank of Pakistan Other banks Customers The maturities of the above contracts are spread over a period of one year.284.076 16.941 3. of Notional Contracts Principal* Rupees in '000 208 208 416 40 3.931.367. 140 SCBP Annual Report 2009 .985.494.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 21.000 23. except for 18 contracts having notional principal of Rs 26.215.108.982 320 3 65 120 147 2008 Total Market Making * At the exchange rate prevailing at the end of the reporting period Contracts with banks represent contracts entered with branches of Standard Chartered Bank.000 77.538 7.6 Commitments in respect of operating leases Not later than one year Later than one year and not later than five years 21.658 2008 11.357 3.220 2. of Notional Contracts Principal Rupees in '000 52 64.012.262.183.133 million with local banks.808.140 21.336 FX Options No. UK to obtain cover against the contracts with customers.863.982 The Group makes commitments to extend credit in the normal course of its business but these being revocable commitments do not attract any significant penalty or expense if the facility is unilaterally withdrawn.750 28.369 8. 21.147.700.355.538 3. 21.7.1 Product analysis Counterparties With Banks for Hedging Market Making With FIs other than banks Hedging Market Making With other entities for Hedging Market Making Total Hedging Market Making 2009 Interest Rate Swaps No.931.404 3.067.804 145.600 26.7 Derivative instruments 21.955 2.331 (Rupees in '000) 842.145 1.5 Commitments to extend credit 2009 16.

004 357.135.689 470. of Contracts 4 3 1 27 20 17 47 11 .567 29.589 .115.339 (2.734 119 7.382 664.938 193.931 323 129.634 600.264.965.550 6.940 24.874 34.695) 140.617 74.084.Rupees in '000 ----------------------. musharika and murabaha Term Finance Certificates (sub-ordinated loans) Others 9.261 23.049 4.958 337.515.202 382.787 10.157) (3.524.667.604) (327.591.037 333.725.798 (337.761 141.964 467.com. MARK-UP / RETURN / INTEREST EXPENSED Deposits Securities sold under repurchase agreements Call borrowings Borrowings from State Bank of Pakistan under Export Refinance (ERF) scheme Profit on redeemable capital.586 1.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 21.030 224.971) 464.098 14.200 - MARK-UP / RETURN / INTEREST EARNED On loans and advances to customers On loans and advances to financial institutions On investments in: i) Held for trading securities ii) Available for sale securities On deposits with financial institutions / State Bank of Pakistan On securities purchased under resale agreements On call money lending 2009 2008 (Rupees in '000) 19.651 5.7. GAIN / (LOSS) ON SALE OF SECURITIES Federal Government Securities Market Treasury Bills Pakistan Investment Bonds Equity Securities 434.004 34 64.062.385.199) (457) (57.147) (2.062 60.154 245.368 9.266.735 1.242.763.341 23.470 26.073.standardchartered.757 24.150.094.806) (10.405 1.174 325.299 3. 4 165.822 158.402 308.pk 141 .257) (24.199) (453) 108.375 32.892) (5.359.339 5.814 - (117.938 160.022) (337.822. Notional Principal 1.256 18.2 Maturity analysis Interest Rate Swaps Remaining Maturity No.611 1.564.908 (3.000 8.243 7.897) (242.571 394.411 270.614) - 29.329 500.270 27.663) (4.062.010 102.438 252.515.600 - Negative Mark to Market Positive Net ---------------------.828) 25. (146.636.736) (2.644 238.--Upto 1 month 1 to 3 months 3 to 6 months 6 months to 1 year 1 to 2 years 2 to 3 years 3 to 5 years 5 to 10 years Above 10 years 22.089 www. OTHER INCOME Rent on property Gain on disposal of fixed assets Income on interest rate derivatives and others 3.

710 910.015 3. Rauf Associates Lahore University of Management Sciences Shaheed Zulfiqar Ali Bhutto Institute of Sciences & Technology City Institute of Image Management Rotary Club of Karachi Charitable Trust Athletics Federation of Pakistan Corps Horticulture Committee Sampurna Federal Government School Constellation Plus (Private) Limited The Kaghan Memorial Trust 26.975 17.845 203.539 122. gratuity and provident funds Special certifications and others Taxation services Out-of-pocket expenses 16.769 504.341 18. 100.448 28.477.000 are given below: Donee Institute of Business Administration (IBA) The Citizen Foundation Care Foundation Rizwan Scholars Behbud Association Pakistan Institute of Corporate Governance Jinnah Society NAPA Repertory Theatre Company The English Speaking Union of Pakistan Aga Khan Foundation Network of organizations working for people with disabilities Pakistan The Kidney Center K.888 95. taxes. (Income) / charge for defined benefit plans Contributions to defined contribution plans Rent.869.250 1.861 200 835 285 1.1 Details of the donations given in excess of Rs.096 2008 3.211 171.619) 131.092 859.328 239. Legal and professional charges Communications Repairs and maintenance Rentals against hire / operating lease arrangements Stationery and printing Advertisement and publicity Donations Auditors' remuneration Depreciation Amortization Traveling.535 12.160 30.639 358 630 525 693 18.500 529 500 500 250 250 219 200 200 134 100 100 142 SCBP Annual Report 2009 .923 94. allowances.500 600 500 500 400 200 200 100 - 15.419. etc.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 26.901 (2. conveyance and vehicles' running Reimbursement of executive and general administrative expenses Others Note 2009 3.774 1.215 945.500 1.017 17.000 3. insurance.107 186.366. ADMINISTRATIVE EXPENSES Salaries.986 29.137 3.2 Auditors' remuneration Audit fee Fee for audit of pension.845 648.537 508.301 147.135 695.792 22.845 14.532.974.894 483.913 12.198 708.2 26.198 13.200 1.785 216.068 3.1 26.082 (Rupees in '000) 26. etc.350 1.192 25. electricity.350 872.255 611.544 629.

013 (2.Current .823) 131.202 107.323 174. 2001 on 31 December 2009.128 99.Deferred For prior years . The Bank is in the process of filing an appeal against the additional demand. 28. 2. The department has further amended the return filed for tax year 2008 under section 122 (5A) of the Income Tax Ordinance. which identified additional losses (net of recoveries and other items recorded subsequent to 10 October 2008) of Rs.Current .829 74. 2010. and considers that the additional liability is the result of timing differences and no additional provision is required.573) (17. 1.pk 143 .1 Relationship between tax expense and accounting profit Profit before taxation Tax at the applicable tax rate of 35% (2008:35%) Expenses that are not deductible in determining taxable income Income that are not taxable in determining taxable income Prior year provision Others 28. 'their corresponding housing loans’ and ‘assets arising from litigation which cannot be assigned’ are held in trust with SCBSL. ‘unproductive debts’.280 2008 3. According to the terms of SPA.573) 418. the department has amended the return filed for the same year under section 122 (5A) of the Income Tax Ordinance.872 (Rupees in '000) 28. the Sri Lanka branch operations of SCBPL were amalgamated with SCBSL with effect from close of business on 10 October 2008. Sri Lanka (SCBSL) and Standard Chartered Bank (Pakistan) Limited (SCBPL).233 million.814.024 418. 2001 on 30 January 2009 raising an additional demand of Rs.488) (11. ‘staff of SCBPL who are not retained by the purchaser’.905) 428.202 27.1 Consequent to Sale and Purchase Agreement (SPA) signed between Standard Chartered Bank.000 132.660 156.152 602.443) 418. 2001 on 31 December 2009 raising an additional demand of Rs.337) 602. these would be passed on to SCBPL.496 489. In case any recoveries are made or costs are incurred in respect of assets held in trust.152 (31.873 25. TAXATION For the year .com.445 (2.385. OTHER CHARGES Note 27.610 (52.787 383.Deferred 2009 1.033 (1. 893 million. Management also considers that the additional liability is the result of timing differences and no additional provision is required. A closing audit of the branch was carried out at 10 October 2008. 77. The management is in the process of filing an appeal against the disallowances.150 million.096.872 www. The department has amended the return filed for tax year 2009 under section 122 (5A) of the Income Tax Ordinance. raising a demand of Rs.474 (18.421 421.1 2009 2008 Loss on sale of Srilanka branch operations (Reversal) / charge against fine and penalties imposed by SBP Worker's Welfare Fund (Rupees in '000) 77. The management has already filed an appeal against the disallowances.875 55.2 Standard Chartered Bank (Pakistan) Limited The return for the income year 2009 (tax year 2010) is due for filing by September 30.398.1.573) (2.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 27.280 1.521) 174.standardchartered.610 million. Previously.

and considers that the additional liability is the result of timing differences and no additional provision is required.827. CASH AND CASH EQUIVALENTS Cash and balances with treasury banks Balances with other banks 2009 738. The management has booked a prior year provision of Rs.347 million has been raised.585. 570 million. 762 million.002.346 3. EARNINGS PER SHARE .3 Standard Chartered Bank – Branch Operations The income tax assessments of SCB Pakistan branches have been finalized up to and including tax year 2006.19 0.16 2009 2008 (Rupees in '000) 21.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 28.521.483 24.021 (Rupees) 0. The tax department is in appeal before the Tribunal.871.BASIC AND DILUTED Profit for the year attributable to equity holders of the Bank Weighted average number of ordinary shares in issue during the year Earnings per share .111 3. Accordingly.basic and diluted 30.007 3 3.377 144 SCBP Annual Report 2009 . In case of the assessments for 2005 and 2006.592 22. 771 million.316 30 3. The department has amended the return filed for the year 2006 (tax year 2007) under section 122 (5A) of the Income Tax Ordinance.119 2.891 1. STAFF STRENGTH Permanent Temporary / on contractual basis/ direct contracts Bank's own staff at the end of the year Outsourced Total Staff Strength (Number) 3. an additional demand of Rs.585. and considers that the remaining demand was arbitrary and / or as a result of timing differences. Management expects favorable decision in the pending appeals . 1.305.4 Union Bank Limited Union Bank's tax assessments for the assessment years 1993-94 through tax year 2007 are under various stages of appeal against certain disallowances.582 23.010 2. Bank’s / departmental appeals for the assessment / tax years 1976-77 to 2006 are pending before different appellate levels. 174 million in FY 2009.021 3.741. The department has also amended the return filed for the year 2006 (tax year 2007) under section 122 (5A) of the Income Tax Ordinance.031 6.313 2008 602.261. which has been reversed by a favorable decision by the Commissioner of Income Tax (Appeals). 28.392 (Rupees in '000) 3. The management has filed an appeal against the disallowances. 2001 on 29 October 2009 raising a demand of Rs. The department has amended the return filed for the year 2003 (Tax year 2004) under section 122 (5A) of the Income Tax Ordinance. The management has filed an appeal against the disallowances. The management has filed an appeal against the disallowances.101 5. 2001 on 29 October 2009 raising a demand of Rs. 2001 on 28 September 2009 raising a demand of Rs. the management believes that no further provision is required. 29.871.701 31.

597 4. the percentage is increased to 100%.311 (5.standardchartered. However.965) 1.680) (17.157) (3.5% p.833 136.a.441 6.245 123.083 (123.245 (47. Management Staff Pension Fund The plan is closed to active employees.157) 106 6.171) 710 46.216 5.161) - 148.526) 20.785 (28.694 643 (3. but not both.599 (6. but not both.654 (6.942 47.852 18.124 190 5.667 44.157) 42.406 (17.398) 35.pk 145 .971) 3.364) 50.699 56. the employees of ANZ Grindlays Bank transferred to the bank are entitled to both pension and gratuity and the minimum number of years required for entitlement of pension is 25 years for these employees.554 28.083) - 112.729 (12.083) (9.971) (30.777 (4.965 34.a. The entire liability is in respect of existing pensioners.574 (34.965) (5.296 (72.a.194) (41.495 (11.526) (2.315) 33.296 22.525) 463 (3.326 1.6 Movement in (receivable) / payable from / to defined benefit Balance as at 1 January Charge for the year Contribution to the fund during the year Curtailments and settlements Actuarial (gain) / loss on plan assets Balance as at 31 December 72.526) www.852) (36.984 2.694 28.694 9.235) (710) 33.194 (33.216 153. However. 6.404 2.2 Principal Actuarial Assumptions The last actuarial valuation of the scheme was carried out on 31 December 2009 and the key assumptions used for actuarial valuation were as follows: 2009 12. 32. 32.280) (11. LIC (1975-79) ultimate mortality table rated down one year Light SCB Non Management Gratuity Fund 2009 2008 SCB Management Pension Fund 2009 2008 (Rupees in '000) Discount rate Expected rate of increase in salary in future years Expected rate of return on plan assets Expected long term rate of increase in pension Mortality rate Withdrawal rate SCB Non Management Pension Fund 2009 2008 32.674 (5.726) 10.157) 7.861) (4.280 30.116 (33.com.687 58.282 4. Pension is calculated as 1/120 times the last drawn merged salary for each year of service.410) 112.680 333.157) (7.544 72.935 (14.280 64 (7.106 (6.908) (22. The employees of SCB are entitled to either pension or gratuity.106 (6.183 13.888 70.942) (6.a.398) (2.161) 529 148.161 (153.487 42.942 4.940 (154.940 243.785 39.931 50. The employees of the bank are entitled to either pension or gratuity.a.248) 72.620) 21. 11% p.785 968 3.648) (3.187 14.078 - (36.296 219 6.659 35. For the employees of ex-ANZ Grindlays Bank. the plan provides a lump sum calculated at 50% of last drawn merged salary for each completed year of service (maximum 36 months) after completing 5 years of service.4 Movement in defined benefit obligation Obligation as at 1 January Current service cost Interest cost Benefits paid Curtailments and settlements Actuarial (gain) / loss on obligation Obligation as at 31 December 32.613) (123.888) (14.326 23.574 2008 14% p. Non Management Staff Gratuity Fund The plan provides a lump sum gratuity calculated at one month's salary for each completed year of service (maximum 39 months) after completing 5 years of service. if the employee is not entitled for pension.1 DEFINED BENEFIT PLANS General description Non Management Staff Pension Fund The plan provides a pension calculated at 50% of the average pensionable salary after completing 30 years of service.852 (22. 8% p.694) (22.317) (1.971) - 136.5% p.569) 47.939) (36.173) (6.5 Movement in fair value of plan assets Fair value as at 1 January Expected return on plan assets Contribution by the bank Benefits paid Curtailments and settlements Actuarial gain / (loss) on plan assets Fair value as at 31 December 32. 14% p.328) (573) 154.216) (7.613) (153.a.931) 643 22.095) (6.648) (3.922 (12.024 1. 12.459 799 2. 12.068 (541) 22.505) 39. LIC (1975-79) ultimate mortality table Light Union Bank Gratuity Fund 2008* Total 2009 2008 58.a.667 (46.326 (148.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 32.194) 39.280) (5.189) (14.116 (5.861 85.948 989 11.5% p.740) 112.398) (6.5% p.328) 20.740) (89.078) 30.699 (72.078 (9.245 5.162 8.189) 50.171) 4.a.3 Reconciliation of payable / (receivable) to/from defined benefit plan Present value of defined benefit obligations Fair value of plan assets Asset recognised in Balance Sheet 32.

024 1.526 243. Movements in the number of share options held by the Bank's employees are as follows:136.106) - 4.569) 547 18.9 Cumulative amount of actuarial gains / (losses) recognised in statement of recognised income and expense 32.11 Components of plan assets as a percentage of total plan assets Bonds Cash and net current assets Others *Union Bank Gratuity Fund 29.680 17. 2009 2008 2007 2006 2005 --------.852 36.173) SCB Non Management Gratuity Fund 2009 2008 SCB Management Pension Fund 2009 2008 (Rupees in '000) Union Bank Gratuity Fund 2008* Total 2009 2008 968 3. The market value of shares is denominated in pounds sterling at the time of grant.940 494.948 333. Employees have the choice of opening a three-year or a five-year savings contract. There are no performance conditions attached to options granted.078 30.922 (18.094 14.loss / (gain) Experience adjustments on plan assets .838 215.620) 989 11.958 5.023) 3. alternatively.965 5. plus interest. SHARE BASED PAYMENTS The Bank's employees participate in the following share compensation plans for the acquisition of shares in the ultimate holding company.116) - 30.831 484.729 (573) 18.544 8.445 39.7 Charge for defined benefit plan Current service cost Interest cost Expected return on plan assets Curtailments and settlements 219 6.620) (26.125 (7. Within a period of six months after the third or fifth anniversary.554 4.249) - 2.440) 7.194) 30.730 - 43.404 2.816 4.326 148.078 1.621) (7. Standard Chartered Plc.088 (4.566 (3.599 (3. repaid in cash.040 76% 24% 0% 97% 3% 0% 109% 24% -33% 121% 19% -40% 92% 8% 0% 54% 47% -1% 0% 0% 0% has been merged with and into SCB Management Staff Gratuity Fund (Defined Contribution Plan) effective 1 January 2008.024) 106 799 2.218 4.068 (2.495 (13.726) 190 5.674 1. employees may exercise the awards and receive any benefit in cash.078 29.634 86.507 - 64.Expected return on plan assets . i) International Sharesave Scheme The International Sharesave Scheme was first launched in 1996 and made available to all employees of the Bank.153 - 40.194 529 13.956 221.235 278.loss / (gain) 33.574 146 SCBP Annual Report 2009 .989 2.311 (6.188) (6.Actuarial gain / (loss) on plan assets 9.729) (2.599) (2. the employee may elect to have the savings.116 (3.162 (4. The options granted do not confer any right to participate in any share issue of any other company.106 710 5.654 (9.740 112. The price at which they may purchase shares is at a discount of up to 20 percent on the share price at the date of the invitation.156 13.8 Actual return on plan assets .940 154.351 6.027) (22.187 14.------------------------------------(Rupees in '000)------------------------------------------32.404) 463 5.898 263.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 SCB Non Management Pension Fund 2009 2008 32.674) (1.116 (4.183 89.723 32.675) (10.248) 6.106 (5.10 Expected contributions for next year 32.368 32.12 Five year data on surplus/ (deficit) of the plans and experience adjusments Present value of defined benefit obligation Fair value of plan assets Surplus Experience adjustments on plan liabilities .

The awards granted under this scheme are nil cost options with any benefit payable in cash. Movements in the number of share options held by the Bank's employees are as follows:- www. the Restricted Share Scheme is not applicable to the Group's executive directors.93 9.002 thousand (2008 : Rs. iii) Supplementary Restricted Share Scheme The Group operates a Supplementary Restriced Share Scheme which can be used to defer part of an employee's annual bonus in shares. as it has no performance conditions attached to it.35 9.pk 147 . and there is no individual annual limit.05 The intrinsic value of vested Restricted Share Scheme cash-settled awards as at 31 December 2009 was Rs 49.com.601 thousand (2008: Rs 115 thousand).07 (2008: £17.33/5. of options Expected years Contractual years Weighted average exercise price No.46 8.5/£11. ii) Restricted Share Scheme The Restricted Share Scheme is a discretionary share incentive scheme for high performing and high potential staff at any level of the organisation whom the Group wishes to motivate and retain.43 10.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 2009 Number ('000) Weighted average exercise price £ per share 2008 Number ('000) 78 30 (3) (1) 15 119 Weighted average exercise price £ per share 11.92 119 3. The options granted do not confer any right to participate in any share issue of any other company.486 thousand).78 (2008: £16. 2009 Weighted average remaining life Weighted average exercise price No.44 The weighted average price at the time the options were exercised during 2009 was £14. Fifty per cent of the award vests two years after the date of the grant and the remainder after three years.07 11.42 The intrinsic value of vested International Sharesave cash-settled awards as at 31 December 2009 was 17. of options 2008 Weighted average remaining life Expected years Contractual years Range of exercise price £6.46 9.02). of options Expected years Contractual years Weighted average exercise price No. Movements in the number of share options held by the Bank's employees are as follows:Weighted average exercise price £ per share 2009 Number ('000) 2008 Number ('000) 70 31 (14) (13) 11 85 Weighted average exercise price £ per share - At 1 January Granted during the year Exercised during the year Lapsed during the year Adjusment due to right issue At 31 December 85 34 (13) (7) 99 - The weighted average price at the time the options were exercised during 2009 was £10.16 9.62 7.standardchartered.33 2. of options 2008 Weighted average remaining life Expected years Contractual years Range of exercise price N/A - 99 7 5. no new shares can be issued to satisfy awards. Except upon appointment when an executive director may be granted an award of restricted shares.04 - 85 7 5.92 At 1 January Granted during the year Exercised during the year Lapsed during the year Adjusment due to right issue At 31 December 119 22 (23) (6) 112 9.33 2.33/5. 2009 Weighted average remaining life Weighted average exercise price No.71).78 10. The plan is principally used for employees in the global markets area and is similar to the RSS outlined above for three important factors: executive directors are specifically prohibited from the plan.15.92 11.31 112 3.

of options Expected years Contractual years Range of exercise price £8. Movements in the number of share options held by the Bank's employees are as follows:Weighted average exercise price £ per share 2009 Number ('000) 2008 Number ('000) 1 1 Weighted average exercise price £ per share 9.36 8. 5 7 6.19 At 1 January Granted during the year Exercised during the year Lapsed during the year At 31 December 2009 Weighted average remaining life Weighted average exercise price No. iv) Executive Share Option Scheme (closed) The Executive Share Option Scheme is an intrinsic part of the Group's executive directors' and senior managers' total remuneration.42 There are no vested cash settled awards as at 31 December 2009 (2008: Nil). An EPS performance criterion needs to be met before the options can be exercised.19 . The exercise price is based on the the share price at the date of grant and options can normally only be exercised if a performance condition is satisfied. v) Performance Share Plan The Performance Share Plan is designed as an intrinsic part of total remuneration for the Group's executive directors and for a small number of the Group's most senior executives.42 . of options Expected years Contractual years Weighted average exercise price 2008 Weighted average remaining life No. but before the tenth anniversary of the date of grant with any benefit payable in cash. Movements in the number of share options held by the Bank's employees are as follows:- 2009 Number ('000) 2008 Number ('000) 44 24 (15) 8 61 At 1 January Granted during the year Exercised during the year Lapsed during the year Adjusment due to right issue At 31 December 61 27 (3) 85 148 SCBP Annual Report 2009 .19 8. The options granted do not confer any right to participate in any share issue of any other company.2 The intrinsic value of vested Executive Share Option Scheme cash-settled awards as at 31 December 2009 was Rs 946 thousand (2008: Rs 115 thousand). Certain performance criteria need to be met before the options can be exercised. 5 7 5.19 2008 Weighted average remaining life Weighted average exercise price No. Executive share options are exercisable after the third.19 1 5 5. 1 5 4. of options Expected years Contractual years 1 1 8. of options Expected years Contractual years Range of exercise price N/A .18 8. The option granted do not confer any right to participate in any share issue of any other company.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 2009 Weighted average remaining life Weighted average exercise price No. The awards granted under this scheme are nil cost options.

education etc.644.868.414.035 54.41 The intrinsic value of vested Performance Share Plan cash-settled awards as at 31 December 2009 was Rs 31.629 44.515 1.17.631 916 108.250 4 1. FAIR VALUE OF FINANCIAL INSTRUMENTS On-balance sheet financial instuments Except for investment in unlisted companies.169 thousand (2008: Rs Nil). fixed term advances of over one year.481 220.865 5. staff loans. 34. In addition.79 million (2008: Rs.standardchartered. of options Expected years Contractual years Weighted average exercise price 2008 Weighted average remaining life No.814 50. fixed term deposits of over one year and investment in equity of unlisted companies cannot be calculated with sufficient reliability due to non-availability of relevant active market for similar assets and liabilities.401 1. 34.559 1.com.763 2. 142.225 3. The fair value of fixed term advances of over one year.1 34. Managerial remuneration also includes charge against share compensation plans. the fair value of on balance sheet financial assets and liabilities are not significantly different from their book value as these assets and liabilities are either short term in nature or are frequently re-priced. 171.225 3 3.986 6.3 35. vi) The total expense recognised in respect of above schemes amounted to Rs.331 million). staff loans and fixed term deposits of over one year.310 129.2 The director's remuneration / fees represents remuneration paid to the Bank's 3 non-executive directors (2008: 4) for attending Board and Sub-Committee meetings.250 3.85 million) and is included in managerial remuneration.986 6.514 million (2008: Rs.1 34. The fair value of investment classified as held to maturity amounted to Rs. The Chief Executive is entitled to Bank provided free use of furnished accommodation.723 48.313 6.205 9. of options Expected years Contractual years Range of exercise price N/A - 85 - 8.3 96. 132. www. COMPENSATION OF CHIEF EXECUTIVE AND EXECUTIVES Note Chief Executive Directors Executives 2009 2008 2009 2008 2009 2008 ------------------------------------(Rupees in '000)-----------------------------------Director's remuneration / fees Managerial remuneration Contribution to defined contribution plan Rent and house maintenance Utilities Medical Others 34.284 99.01 - 61 - 8.378 1 3.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 2009 Weighted average remaining life Weighted average exercise price No.pk 149 .515 1. the Chief Executive and some of the executives are also reimbursed for cost of medical expenses and other benefits like club subscription.880 635 Number of persons 34.277 664 984.811 1 33.248 2. The Chief Executive and some of the executives are also provided with Bank maintained cars.167 30.

174 86.43% 3.539 2.082.015 8.021 131.410.156 9.587 2.366 674.981 2.224 5.925.582 156.605 85.667.290.290.83% 598.274.285 84.064 15.62% 708.858 57.025.070 223.960.886 0.938 -5.301 280.219 26.660.623.278.445.761.119 1.143 23.633.445 10.974.588 8.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 36.365 10.001.790.753 22.325 23.45% 7.612 13.41% * Segment ROA = Net income / (Segment Assets .565.000 (2.102 103.169 -0.595) 5.e.01% 2.466.388.997 10.212 139.267.097 27.706 17.237.579.985.508.237 (1.688.34% 4.350 10.083 (644.781 3.098.174) 3.017.932 13.724 8.623 6.867 268.286.537 508.584 6.55% 62.786.171) 8.424.751 6.512.995 2.358 3.594.net Profit before taxation Other segment items: Depreciation of tangible fixed assets Amortisation of intangible assets Segment Assets (Gross) Segment Non Performing Loans Segment Provision Required Segment Liabilities Segment return on net assets (ROA) (%) * Segment cost of funds (%) ** 2008 Internal Income Net mark-up / return / interest income Non mark-up / non interest income Operating income Non mark-up / non interest expenses Operating profit before provisions and taxation Direct write-offs / provisions against non-performing loans and advances .156.362 6.752 13.135 695.33% 533.333 10.357.151 4.509.831 560.360) 4.699 49.186.179 Corporate and Institutional Banking Consumer Banking Total (Rupees in '000) (2.089 6. The business activities of the Bank are confined to three segments i.308 4. SEGMENT DETAILS WITH RESPECT TO BUSINESS ACTIVITIES Segment analysis with respect to business activity Global Markets 2009 Internal Income Net mark-up / return / interest income Non mark-up / non interest income Operating income Non mark-up / non interest expenses Operating profit before provisions and taxation Direct write-offs / provisions against non-performing loans and advances .51% 60.477 2.872.813 0.Segment Provisions) ** Segment cost of funds have been computed based on the average balances.422) 16.795.099 0.028 1.728.970. The products include FX forwards.573.795.83% (2.066 213.070 3.296 4.488 16. 150 SCBP Annual Report 2009 .846.641 17.722.664 2.811 (2.005 (2.314.939.103.762 (6.909 12.924.665) 6.387 2.022.022.794.44% 4.922.422 5.753 12.209 117.892 1.670 1.791.481. FX options and interest rate swaps.709 6.403 9.690.544 9.516.299 407. The products and services offered by these segments are as follows: Global Markets Overall management of the treasury of the Bank and offering various cash and interest risk management products to the customers.028) 5.607 145.604.414.net of recoveries Provision / (reversal) for diminution in the value of investments .115.59% 4.364 5.189.260 57.345 10.212.485.849.264 1.466.888 335.405 3.779 4.610 6.802 3.42% 3.506 12.003. Global Markets and Corporate & Institutional Banking (Wholesale Banking).611 7.571.049.398.092 4.496 53.174 3.859.299.895 4.752.628 1.440.909.705.946. Consumer Banking.316) 8.985.97)% 6.363 1.439 4.920.990 59.980 48.532.net of recoveries Provision for diminution in the value of investments .723 2.024.122.439.141.86% 648.171.net Profit before taxation Other segment items: Depreciation of tangible fixed assets Amortisation of intangible assets Segment Assets (Gross) Segment Non Performing Loans Segment Provision Required Segment Liabilities Segment return on net assets (ROA) (%) * Segment cost of funds (%) ** (2.

Standard Chartered Bank (Pakistan) Limited

Notes to the Consolidated Financial Statements
For the year ended 31 December 2009

Consumer Banking Wealth management, deposits, mortgages, auto finance, unsecured lending (credit cards, personal loans etc.), consumer leases and SME lending (including SME trade). Corporate and institutional banking Deposits, trade and other lending activities (including murabaha and ijarah) for corporates and financial institutions. 37. RELATED PARTY TRANSACTIONS Related parties comprise of Standard Chartered Plc., ultimate parent company, its other subsidiaries and branches, key management personnel, and employees' retirement benefit funds. The transactions with related parties are conducted at commercial terms. The Group also provides advances to employees at reduced rates in accordance with their terms of employment. The transactions and balances with related parties are summarised as follows: OUTSTANDING BALANCES Group Nostro balances with other subsidiaries and branches of the holding company Overdrawn nostro balances with other subsidiaries and branches of the holding company Vostro balances with other subsidiaries and branches of the holding company Placements with group Deposits of group companies Due to holding company Due from associated undertakings Interest receivable from group companies Inter-company derivative assets Inter-company derivative liabilities Key management personnel Loans and advances to key management personnel Deposits of key management personnel Others Deposits by staff retirement benefit funds Deposits by customers with common directorship Loans to staff retirement benefit funds Receivable from defined benefit plans Receivable from / (payable to) defined contribution plans PROFIT AND LOSS Group Mark-up / interest expensed Mark-up / interest / income earned Fee and commission expense Fee and commission income Reimbursement of executive and general administrative expenses Payment to group company for direct sales services rendered Net loss / (gain) on inter-company derivatives Royalty expense Key management personnel Mark-up / interest / income earned Mark-up / interest expensed Sale of shares Sale of vehicles Salaries and benefits Post retirement benefits Others Contribution to defined contribution plans Charge for defined contribution plans Net (income) / charge for defined benefit plans Mark-up / interest expensed on deposits of staff retirement benefit funds Mark-up / interest expensed on deposits of customers with common directorship Remuneration / fee paid to non-exective directors

2009
2,179,389 36,075 334,559 17,121,847 16,056 10,614,728 132,884 6,773 794,789 896,575

2008

(Rupees in '000)
975,202 28,590 108,826 18,991,225 16,420 6,864,604 217,997 19,725 2,433,755 1,298,316

130,470 21,469

99,716 69,732

26,613 17,740 111,047

180,647 2,624 2,600 36,526 (10,304)

5,239 129,198 36,760 72 3,477,215 673,974 1,237,225 76,724

222,020 311,256 24,575 43 3,419,894 915,215 (947,015) 58,526

2,682 1,163 314,446 14,204

2,160 1,071 377 3,467 222,372 13,177

238,700 131,350 (2,620) 11,226 315,994 3,225

239,092 239,092 29,368 6,722 24,959 3,250

www.standardchartered.com.pk

151

Standard Chartered Bank (Pakistan) Limited

Notes to the Consolidated Financial Statements
For the year ended 31 December 2009

37.1

Net movements in loans and deposits are summarised as follows:

Balance as at 31 December 2008 Loans and advances Key Management Personnel Others Deposits Group companies Key Management Personnel Others

Net disbursement / deposits

Net repayments / withdrawals

Balance as at 31 December 2009

------------------------------(Rupees in '000)---------------------------99,716 2,600 16,420 69,732 183,271 65,837 1,200 676,529 475,027 76,619,714 (35,083) (3,800) (676,893) (523,290) (76,776,372) 130,470 16,056 21,469 26,613

38.

CAPITAL ASSESSMENT AND ADEQUACY

38.1 Capital Structure The Bank's lead regulator, State Bank of Pakistan (SBP) sets and monitors capital requirements for the Bank as a whole. Effective 31 December 2008, SBP has advised all banks to calculate their capital requirements based on Basel II accord under the standardised approach. The transition to the 'Advanced Approaches' of Basel II has been made discretionary for banks, and is subject to prior written approval from SBP. In implementing the current capital requirements, SBP requires the Bank to maintain a prescribed total capital to total risk-weighted assets ratio. As at the year end, SBP's minimum prescribed capital adequacy ratio is 10 percent. The Bank's ratio is compliant with this minimum benchmark. The Bank calculates its capital requirement for market risk in its portfolio, based on the methodology provided by SBP which takes account of specific and general market risk capital charge for interest rate risk using the duration method. Banking operations are categorised in either the trading book or the banking book, and risk-weighted assets are determined according to specified requirements that seek to reflect the varying levels of risk attached to assets and off-balance sheet exposures. The Bank’s regulatory capital is analysed into three tiers: Tier I capital, which includes ordinary share capital, capital and other reserves (except exchange translation reserve), minority interest, and unappropriated profit. Goodwill and other intangibles are deducted from tier I capital. Tier II capital includes sub-ordinated debt, revaluation reserves on assets and impairment allowances that are not held against identified debts. Sub-ordinated debt is limited to 50 percent of tier I capital. Information on the terms, conditions and other features of the Bank's sub-ordinated debt currently in issue is given in note 16 to these financial statements. Revaluation reserves are eligible upto 45 percent for treatment as tier II capital. There is also a restriction on the amount of impairment allowances that are not held against identified debts upto 1.25 percent of total risk weighted assets. Tier III supplementary capital consists of short term sub-ordinated debt solely for the purpose of meeting a proportion of the capital requirements for market risk. The Bank currently does not have any tier III capital.

-

Total of tier II and III capital is limited to tier I capital. 50 percent of the amount of investments in subsidiaries and associates not consolidated on the balance sheet is deducted from both tier I and tier II capital.

152

SCBP Annual Report 2009

Standard Chartered Bank (Pakistan) Limited

Notes to the Consolidated Financial Statements
For the year ended 31 December 2009 2009
Tier I Capital Fully paid-up capital Balance in share premium account General reserves as disclosed on the balance sheet Un-appropriated profit Minority in equity of subsidiaries Less: Book value of goodwill and other intangibles Shortfall in provision required against classified assets Deficit on account of revaluation of investments held in AFS category Other deductions (50 percent of investments in equity and other regulatory capital of majority owned securities or other financial subsidiaries not consolidated in the balance sheet) Total Tier I Capital------------> Tier II Capital Sub-ordinated debt - upto maximum of 50 percent of 'Total eligible Tier 1 capital' General provisions or general reserves for loan losses - upto maximum of 1.25 percent of 'Risk Weighted Assets' Revaluation reserves (upto 45 percent) Less: Other deductions (50 percent of investments in equity and other regulatory capital of majority owned securities or other financial subsidiaries not consolidated in the balance sheet) Total Tier II Capital------------> Total Regulatory Capital Base 38.2 Capital Adequacy The Bank’s capital management approach is driven by its desire to maintain a strong capital base to support the development of its business, to meet regulatory capital requirements at all times and to maintain good credit ratings, maximising shareholder value and at the same time maintaining investor, creditor and market confidence. The capital position is reviewed and monitored by the Asset and Liability Committee (ALCO) of the Bank. Regular reviews help to ensure that adequate levels of capital and an optimum mix of the different components of capital are maintained by the Bank to support the strategy. This is integrated with the Bank’s annual planning process that takes into consideration business growth assumptions across products and business segments and the related impact on capital resources. The following matters are taken into account while reviewing the Bank's capital position: a) regulatory capital requirements; b) c) d) e) f) forecast demand for capital to maintain the credit ratings; increases in demand for capital due to business growth, market shocks or stresses; available supply of capital and capital raising options; internal controls and governance for managing the Bank’s risk, performance and capital; and maximisation of shareholder value. 38,715,850 1,036,090 1,016,257 4,078,277 772,504 (27,026,172) 18,592,806 704,040 1,307,010 1,288,817

2008
38,715,850 1,036,090 868,594 3,504,907 775,021 (27,535,060) (1,252,980)

(Rupees in '000)

16,112,422 1,083,720 1,701,080 -

3,299,867 21,892,673

2,784,800 18,897,222

www.standardchartered.com.pk

153

The Bank calculates its capital requirement for market risk in its portfolio. The Bank's operations are mapped into these eight business lines as per the criteria laid down by SBP vide Circular No 08 dated 27 June 2006. based on the methodology provided by SBP which takes account of specific and general market risk capital charge for interest rate risk using the duration method. The total capital charge is calculated as the three-year average of the simple summation of the regulatory capital charges across each of the business lines in each year. The Bank uses reputable and SBP approved rating agencies (ECAIs) for deriving risk weights for specific credit exposures. gross income is the broad indicator that serves as a proxy for the scale of business operations and thus the likely scale of operational risk exposure within each of these business lines. Where a transaction is secured by an eligible collateral and meets the eligibility criteria and minimum requirements as laid down by SBP. For credit risk. retail banking. and appropriate level of capital required. Within each business line. The capital charge for each business line is calculated by multiplying gross income by beta factors assigned by SBP to that business line. The ECAIs used for rating various types of exposures are tabled in note 38. the business activities of the Bank are divided into eight business lines: corporate finance. Beta serves as a proxy for the industry-wide relationship between the operational risk loss experience for a given business line and the aggregate level of gross income for that business line. This process aims to ensure that a strong governance culture and framework is embedded in the capital planning and assessment methodology and is frequently revisited. These are consistently applied across the Bank's credit portfolio for both on and off balance sheet exposures. which will also be submitted to SBP. 154 SCBP Annual Report 2009 . The Bank's approach for mitigating operational risk is further detailed in note 39. for Basel II. the Bank follows the instructions laid down by SBP vide their Circular No. the Bank uses the 'Standardized Approach'.3 to these financial statements. valuation and management. the relevant mitigants to be considered. asset management and retail brokerage.8 to these financial statements. commercial banking. 08 dated 27 June 2006 with regard to eligibility of collaterals.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 The Bank is also in the process of developing and documenting its three year capital plan as part of its Internal Capital Adequacy Assessment Process (ICAAP) for Basel II. For the purposes of Credit Risk Mitigation under the 'Standardised Approach'. payments and settlement. the Bank reduces its exposure under that particular transaction by taking into account the risk mitigating effect of the collateral for the calculation of capital requirement. agency services. market and operational risk as per the guidelines of SBP. The 'Standardised Approach' is preferred over the 'Basic Indicator Approach' so as to arrive at a capital charge that is reflective of the risks associated with each of the Bank's business lines. For calculation of operational risk capital charge. The ICAAP lays down each material risk to be assessed. trading and sales. The bank adheres to the calculation of capital requirements for credit.

Standard Chartered Bank (Pakistan) Limited

Notes to the Consolidated Financial Statements
For the year ended 31 December 2009

The capital requirements for the Bank as per the major risk categories are indicated below:
Risk Weighted Assets Capital Requirements 31 December 31 December 31 December 31 December 2009 2008 2009 2008 Rupees in '000 Credit Risk Portfolios subject to 'Standardized Approach' - Simple Government of Pakistan and State Bank of Pakistan Public Sector Entities Banks Corporate Portfolio Retail Portfolio Residential Mortgage Finance Past Due Portfolio All other Risk Weighted Assets

4,781 177,075 1,460,883 7,445,708 1,784,653 187,982 533,489 2,035,485

190,286 976,260 6,672,485 2,440,507 209,401 544,486 1,214,352

47,810 1,770,750 14,608,826 74,457,080 17,846,533 1,879,820 5,334,886 20,354,859

2,114,285 10,847,335 74,138,724 27,116,748 2,326,682 6,049,840 13,492,815

Market Risk Capital Requirement for portfolios subject to 'Standardized Approach' Interest Rate Risk Foreign Exchange Risk Operational Risk Capital Requirement for operational risk - 'Standardised Approach' TOTAL Capital Adequacy Ratio Total eligible regulatory capital held (Note 38.1) Total Risk Weighted Assets Capital Adequacy Ratio (a) (b) (a) / (b) 4,106,093 18,026,801 2009 21,892,673 180,268,014 12.14% 3,149,060 15,762,919 41,060,931 180,268,014 2008 18,897,222 175,143,544 10.79% 34,989,557 175,143,544 148,183 142,469 329,154 36,927 1,481,827 1,424,692 3,657,263 410,295

(Rupees in '000) Credit Exposures subject to Standardised approach 2009 Exposures Rating Category Amount outstanding* Deduction CRM Net amount Amount outstanding* 2008 Deduction CRM Net amount

Corporate

Banks

Sovereigns etc Unrated Total CRM= Credit Risk Mitigation

0% 20% 50% 100% 150% 0% 20% 50% 100% 150% 0% 20% 100% / 75% / 50%

12,244,135 8,659,506 3,584,629 4,256,362 1,633,649 2,622,713 1,965,897 1,965,897 112,673 (56,337) 169,010 22,789,759 19,478,871 3,310,888 18,882,308 9,441,154 9,441,154 406,993 406,993 142,044 (71,022) 213,066 3,462,838 2,770,271 692,567 256,836,221 142,942,572 113,893,649 321,099,230 184,798,665 136,300,566

18,188,803 4,284,892 3,028,320 1,129,730 51,044,994 3,275,728 781,770 133,146 366,095 1,804,337 196,239,870 280,277,685

13,892,294 4,296,509 2,182,144 2,102,748 709 3,027,611 1,129,730 43,331,130 7,713,864 1,638,260 1,637,468 781,770 (66,573) 199,719 366,095 1,443,469 360,868 80,273,997 115,965,873 144,191,255 136,086,430

* Amount outstanding represents Original Exposure in the case of on balance sheet items and the Credit Equivalent Exposure in the case of off balance sheet items.

www.standardchartered.com.pk

155

Standard Chartered Bank (Pakistan) Limited

Notes to the Consolidated Financial Statements
For the year ended 31 December 2009

38.3

Types of Exposures and ECAI's used Corporate 4 4 4 4 4 Banks 4 4 4 4 4 Sovereigns 4 4 4 4 4

JCR - VIS PACRA STANDARD AND POORS MOODY'S FITCH

The Bank adheres to the mapping instructions issued by SBP on the Revised Regulatory Capital Framework under Basel II, issued vide BSD Circular No. 8 of 2006 dated 27 June 2006, vide BSD Circular Letter No. 09 of 2007 dated 24 August 2007 and vide BSD Letter No. BSD/BAI-2/201/1141/2009 dated 2 December 2009 with regard to credit ratings to be used. These are as follows: LONG-TERM RATING GRADES MAPPING
Risk Weightage 20% Standard & Poors Ratings Services AAA AA+ AA AAA+ A ABBB+ BBB BBBBB+ BB BBB+ B BCCC+ CCC CCCCC C D Moody’s Investors Service Aaa Aa1 Aa2 Aa3 A1 A2 A3 Baa1 Baa2 Baa3 Ba1 Ba2 Ba3 B1 B2 B3 Caa1 Caa2 Caa3 Ca C Fitch Ratings PACRA JCR VIS

50%

100%

100%

150%

150%

AAA AA+ AA AAA+ A ABBB+ BBB BBBBB+ BB BBB+ B BCCC+ CCC CCCCC C D

AAA AA+ AA AAA+ A ABBB+ BBB BBBBB+ BB BBB+ B BCCC+ CCC CCCCC C D

AAA AA+ AA AAA+ A ABBB+ BBB BBBBB+ BB BBB+ B BCCC+ CCC CCCCC C D

SHORT-TERM RATING GRADES MAPPING Risk Weightage 20% 50% 100% 150% Standard & Poors Ratings Services A-1+ A-1 A-2 A-3 B B-1 B-2 B-3 C Moody’s Investors Service P-1 P-2 P-3 NP Fitch Ratings PACRA JCR VIS

F1+ F1 F2 F3 B C D

A-1 A-2 A-3 Others

A-1 A-2 A-3 Others

156

SCBP Annual Report 2009

Standard Chartered Bank (Pakistan) Limited

Notes to the Consolidated Financial Statements
For the year ended 31 December 2009

39.

RISK MANAGEMENT Through its risk management structure, the Bank seeks to manage efficiently the core risks: credit, market, country, and liquidity risk. These arise directly through the Bank’s commercial activities whilst compliance and regulatory risk, operational risk and reputational risks are normal consequences of any business undertaking. The basic principles of risk management followed by the bank include: Balancing risk and reward Risk is taken in support of the requirements of the Bank’s stakeholders. Risk should be taken in support of the Bank's strategy and within its risk appetite. Responsibility Given the Bank is in the business of taking risk, it is everyone’s responsibility to ensure that risk taking is both disciplined and focused. The Bank takes account of its social, environmental and ethical responsibilities in taking risk to produce a return. Accountability Risk is taken only within agreed authorities and where there is appropriate infrastructure and resource. All risk taking must be transparent, controlled and reported. Anticipation The Bank looks to anticipate future risks and to maximise awareness of all risk. Risk management The Bank aims to implement best practices and have a specialist risk function of international standards, with strength in depth, experience across risk types and economic scenarios. Ultimate responsibility for the effective management of risk rests with the Company’s Board of Directors. Acting within an authority delegated by the Board, the Executive Committee reviews specific risk areas and monitors the activities of the Risk Committee (“RC”) and the Asset and Liability Committee (“ALCO”). RC headed by Chief Risk Officer (CRO), through authority delegated by the Board, is responsible for credit risk, market risk, operational risk, compliance and regulatory risk, legal risk and reputational risk. ALCO, through authority delegated by the Board, is responsible for liquidity risk, for structural interest rate and foreign exchange exposures, and for capital ratios. The day to day responsibility for managing risk rests with CRO who oversees and manages the risk through a team of managers; Senior Credit Officer responsible for credit risk in Wholesale Bank, Head of Consumer Credit responsible for credit risk in Consumer Bank (including SME), Head of Special Assets Management responsible for remedial risk management, Head of Credit Risk Controls responsible for collateral management, security documentation, credit MIS and controls, Head of Market Risk responsible for liquidity risk and risks associated with price movements, arising from interest and exchange rate movements. The Bank has established policies, procedures, processes, and controls and have provided the Risk team adequate support by way of risk systems and tools for measuring and reporting risk for monitoring, controlling, reviewing and managing risk.

39.1

Credit risk Credit risk is the risk that a counter party will not settle its obligations in accordance with agreed terms. Credit exposures may arise from lending, trade finance, securities and derivative exposures. Credit exposures include both individual borrowers and groups of connected counterparties and portfolios in the banking and trading books.

www.standardchartered.com.pk

157

Medium enterprises relationship based business of Consumer Bank operates much like Wholesale banking with numerical risk grading system for quantifying counter party risk. 158 SCBP Annual Report 2009 . credit grade determination and financial spreading / ratio analysis. a numerical risk grading system is used for quantifying the risk associated with a counter-party.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 The Board of Directors has delegated down the authority to CEO and the Bank’s Executive Committee to establish risk appetite and make recommendations to the Board for approval of risk appetite and policies for managing credit risk. The CEO and the Executive Committee in turn rely on CRO and the Risk Committee to determine these and recommend for their support and Board's approval. As with Wholesale Banking.1.1 Wholesale Banking Within the Wholesale Banking business. Client relationship origination and credit approval roles are clearly segregated throughout Wholesale and Consumer Banks. Early Alerts and Stress Testing based on scenario analysis is a combined responsibility of Client Relationship and Risk function. The grading is based on a probability of default measure. Specific procedures for managing credit risk within Wholesale and Consumer (including SME) are determined at the Senior Credit Officer and Head of Consumer Credit levels for their respective jurisdictions with specific policies and procedures being adapted to different risk environments and business goals.2 Consumer Banking For Consumer Banking. There is a clear segregation of duties with loan applications being prepared separately from the approval chain. with customers analysed against a range of quantitative and qualitative measures. 39. origination and approval roles are segregated. which are approved by the Board once recommended. Expected Loss is used for further assessment of individual exposures and portfolio analysis. The CRO is also delegated down by the CEO. Credit analysis includes review of facility details. the responsibility to delegate credit authorities to independent Risk Officers.1. program based standard credit application forms are generally used. 39. which are processed in central units for different products and market segments. Portfolio review. and supported by the Executive Committee. Credit risk appetite is established through business strategy papers and underwriting standards by the business managers.

997 1.900 2.500 2.637.560 6.73 100.140 22.379.84 2.04 20.451 23.424 46.825 2008 Advances .632.896 118.014.00 9.07 7.723 217.59 1.24 0.20 0.260 11.11 3.693 14.00 1.03 0.438.524.031.77 2.44 0.454 11.346.905 122.454.348 909.481.61 19.915.243 8.1.11 19.063.511.00 1.27 7.pk 159 .29 4.021 5.619.403.732.955 5.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 39.408 Percent Contingencies and Commitments (Rupees in '000) 4.324 33.03 1.98 0.457.830 206.148 2.832 980.05 4.82 12.595 28.09 0.03 7.635 12.671.64 0.357 174.616 6.89 1.standardchartered.301 146.87 2.509 74.127 20.67 0.433 67.41 3.117.Gross (Rupees in '000) Percent 2009 Deposits (Rupees in '000) 6.261 2.209.32 0.743 2.432 103.541 5.34 3.304 1.87 23.011 6.56 1.678.33 22.744 451.016.95 0.403.78 2.884 38.968 70.11 0.02 1.481 481.928 141.97 4.747.252.403 5.541 2.05 0.02 49.29 0.33 2.com.935 4.34 0.45 3.10 7.603.846.00 Chemical and pharmaceuticals Agri business Textile Communication Insurance Telecommunications and information technology Cement Sugar Automobile and transportation equipment Financial Electronics and electrical appliances Production and transmission of energy Shoes and leather garments Individuals Others 3.617.483 Per cent Percent Contingencies and Commitments (Rupees in '000) 4.490 4.820.696 4.747.608.64 0.385 1.00 3.036 573.80 100.78 0.731.402.740.44 3.705 4.12 6.865 12.230.591.892.378 45.62 15.47 5.770.01 0.304 22.28 0.294.212 188.013 10.851.045.369.917 2.36 1.159.488 2.980 49.864.261 2.10 1.25 100.625.00 7.39 0.447 595.500 3.243.745.71 100.877.738 18.902 9.248 7.031 4.223.964 30.Gross (Rupees in '000) Percent Deposits (Rupees in '000) 3.01 57.867.874 856.33 14.27 5.281.30 0.724.77 1.457 23.920 5.05 3.63 100.92 0.066 1.601 7.945.469 2.885 Percent Chemical and pharmaceuticals Agri business Textile Communication Insurance Telecommunications and information technology Cement Sugar Automobile and transportation equipment Financial Electronics and electrical appliances Production and transmission of energy Shoes and leather garments Individuals Others 8.55 20.071.931 100.182 29.46 0.594.005.3 Segment by class of business Advances .60 100.452 20.02 57.827.789.917 1.962 233.04 0.56 1.77 0.76 16.577 33.227 1.527.76 1.950.086 3.038 41.48 0.78 1.654.43 0.654 3.00 www.212.32 0.957 3.497 3.633 799.289 3.986.31 4.45 0.635 6.654 1.476 72.972 500 33.41 27.38 2.03 21.270.01 45.

192 317.57% 100% 39.513 128.699.825 1.024.379 67.538 2.710.273.699.438.653 39.206 866.416.738 15.093.804 9.701 41 550.29% 100% Deposits Rupees % in '000 4.003.609.003.137 2.438.398.7 GEOGRAPHICAL SEGMENT ANALYSIS 2009 Profit Total Net Assets Contingencies before assets employed and taxation employed Commitments ----------------------------.857 529.332 2.864.482 49.(Rupees in '000) -----------------------------267.096.496 1.398.048 570.61% 100% Deposits Rupees % in '000 7.130 22.857.506 10.01% 84.56% 100% Contingencies and ommitments C Rupees % in '000 7.638 41.632.614.800 6.518.71% 83.864.148 9.787 267.008.463 965.128.156.192 40 126.022 2.758.430.43% 92.252.614.221 10.786 21.046.635 141.375.408 4.519 122.573.397.141.622.440 4.707 202.891.864.322 67.483 1.592 2.614.440 5.498.138 17.885 67.5 Segment by sector 2009 Advances Rupees % in '000 Public / Government Private 24.118 206.556.496 317.678 174.05% 100% 2008 Advances Rupees % in '000 Public / Government Private 13.741.483 160 SCBP Annual Report 2009 .672 13.016 1.336 6.438.1.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 39.613 1.900 4.6 Details of non-performing advances and specific provisions by sector 2008 Specific Classified Specific Advances Provision Provision held held ----------------------------.706 15.653 10.563 62.482 49.95% 98.845 49.653 39.1.368 43.502 146.192 48.44% 95.003.252.647.506 17.609.193) 1.573.(Rupees in '000) -----------------------------Classified Advances 2009 Public / Government Private 22.368 43.99% 100% Contingencies and Commitments Rupees % in '000 5.757.857 15.706 178.021 16.108 40 493.252.(Rupees in '000) -----------------------------Pakistan Sri Lanka 1.800 6.857 17.1.1.036 6.133.431 3.730 166.379 48.156.394.39% 90.769.(Rupees in '000) -----------------------------Classified Advances 2009 Chemical and pharmaceuticals Agri business Textile Footwear and Leather garments Automobile and transportation equipment Financial Production and transmission of energy Individuals Others 210.506 171.737 41 285.849 9.4 Details of non-performing advances and specific provisions by class of business segment 2008 Specific Classified Specific Advances Provision Provision held held ----------------------------.807 1.483 15.972.156.885 7.511.647.402.527 411.980 (45.706 22.915.88 Pakistan Sri Lanka 2008 Profit Total Net Assets Contingencies before assets employed and taxation employed Commitments ----------------------------.

factor sensitivity measures and derivatives are also employed as additional risk management tools to manage and hedge market risk exposures.237. Market risk is managed by the Head of Market Risk reporting directly to the CRO.796) (4.435 Net foreign currency exposure Pakistan rupee United States dollar Great Britain pound Euro Swiss Franc Others (Rupees in '000) Pakistan rupee United States dollar Great Britain pound Euro Swiss Franc Others 184.130.142 5.832 3.440 (38.036) (412.376.383) (23.015) 2008 Off-balance sheet items 51.2 Market Risk The Bank recognises market risk as the exposures created by potential changes in market prices and rates.365 55. In addition to market risk policies.631) (398.576.3.480.285.944.285.596 71. who agrees policies and procedures and levels of risk appetite in terms of Value at Risk ("VaR"). Policies cover both trading and nontrading books.962 (18. independent stress testing of portfolios. The Bank has no significant exposure to equity and commodity price risk.211. www.889 5.573.602 4. for both overnight and intra day positions which are monitored daily.354) (815.356 (35.506) 8.315.3.814.912 Assets 200.529 33.543) (4.694.931 3.1 Currency risk is the risk that the value of a financial instrument will fluctuate due to changes in foreign exchange rates.830 4.163 37.431 18.532) 50.477 Liabilities 21.834. 39.711 16. These are agreed and delegated down by CRO under delegated authority from the CEO. Risk models are periodically back tested against actual results to ensure that pre-determined levels of accuracy are maintained.430 274.456 35.3 Foreign Exchange Risk Assets Liabilities 2009 Off-balance sheet items Net foreign currency exposure (Rupees in '000) 230.498.229 39.800.596 248.155.994.148.721) 9.802.921 266.pk 161 .749) (24.567 5.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 39.445 36.744) (2.2 The management sets limits on the level of exposure by currency in total.701.080.135.655.292.059 16. and are monitored by the Head of Market Risk as part of an independent risk management function.614.130.134 50.967) (587.666.979.056 44.065 17. Market risk exposures arise primarily from interest rate and foreign exchange related contracts.863.871) (45. Limits are then proposed by the business within the terms of agreed policy.053 (39.066) (558. as well as VaR and other market risk limits.285 179. 39.926) (835.standardchartered.779) (1.599.211 230.116.577.383) (802.com.219) (45.400 221.425 4.193.926) (658.

440 2.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 39.574 5.955) (7.285.957) (19.200 700.223 691.807 8.334 10.895 709.939 31.574 2.003.443.734.300 31.556.471.600 37.327.700 2.386 55.710.146 2.975 30.539.785 8.694.825 88.586.119 4.375 882.579 28.300.955.468 129.723.927.243.836 436.107.237.364.800 5.688 38.755.400 - - Forward Borrowing Interest Rate Swap Foreign Currency option Forward Foreign Exchange Contracts Off-balance sheet gap Total yield / interest risk sensitivity gap Cumulative yield / interest risk sensitivity gap 92.269) 47.743 (4.882.701 2.369 22.317 3.929 151.327.509 128.00% 8.719.249 1.153 4.839.446.478 5.000 501.193.523.342 4.832 4.632.009.388 (31.548) 10.193.674 237.031 1.160 5.145.103.334 97.235 2.025.285 2.273.91% 53.559 8.422.277 16.384.119.992.634 2.813.433 7.547.740 768.098.213 (22.979.719.903.82% 7.102 76.352 1.648.552.610 24.291.825 103.755 6.261.322.072.977.472.675.332 250.100.261.200 1.089 768.700 2.582 94.195) 48.878.528.871.100 1.308.400 15.330 15.694 1.715.408 1.248.615.199 102.610 42.492.719.936.842 2.761.003 17.184.442.113.983) (27.599) 1.724 673.483.914 8.207.85% 9.418) 67.316.651 (70.902.132 79.592.754.273.814.032.792.258.171 8.581 79.653.731.691 10.468.979 387.51% 22.267.033 732.364 16.627.082 41.107.460.405 58.991.698.773.97% 15.440 26.238 (70.103.741.468.625 2.582 31.438 178.323 2.813.977) 540.969 4.296.346.01% 162 SCBP Annual Report 2009 .007) 395.912 113.155.048 89.256 15.168.813) 0.472.850.272.420 39.790 14.674 17.860.422.284.511.250 5.649 31.884 14.228 37.688 10.405 26.572 60.395.679.619.629.651 41.177 (24.338 622.197 206.034 4.532.082 4.392.497 8.628.244 1.586.335 (1.498.32% 17.500 2.354 17.311.10% 12.931.352 66.056 5.244 1.096 5.056 9.635 31.574 3.362.116.723.268.577.569.163 5.158.645 3.220.109 4.746.687 2.854.227.046 69.959.362.518 23.007.208 2.095.527 1.988 1.164 8.594 174.411) (1.302.412) (10.886.212 163.112 6.390 2.698 3.672.456 3.162.430 10.136.097 (165.896 2.081.557 19.200 5.513 6.409.358 21.800 9.805 800.537 1.642 63.640 6.727.822 (56.716 9.823.780 2.884 2.200 7.574 (304.494.218.412.121.991 61.204 26.177 27.400 2.024.322 149.000 1.050.269.726) 1.503.305.939 13.519 1.380 768.297.944.822 1.189.206.927.000 1.568.406 28.526.943) (1.475 5.645 7.627.577 4.668.530.865.281.001 3.814.588.271.938 1.576.132 24.15% 6.147 13.592 5.419 17.436.242.291.931.578.627 23.674 2.860.012.002.189 13.500 10.540.773.839 17.937.550 882.791.285 123.866 33.548) 0.992.521.269.136.712.193.220.878 7.155.737) (23.674 2.567 3.435 2.477 110.253.819.072 61.051 449.716 3.538 45.864 2.009.880.714.497.845 5.012.688 111.247.480 15.475 3.18% 14.422.966.155 882.229 3.386.831.666 2.258.661 23.658 83.048 993.891 82.4 MISMATCH OF INTEREST RATE SENSITIVE ASSETS AND LIABILITIES 2009 Effective yield / interest rate Total Upto one month Over one month to three months Non interest bearing financial instruments ------------------------------------------------------------------(Rupees in '000)---------------------------------------------------------------------Exposed to yield / interest rate risk Over three Over six Over one Over two Over three Over five months months year years years years to six to one to two to three to five to ten months year years years years years Over ten years On-balance sheet financial instruments Assets Cash and balances with treasury banks Balances with other banks Lendings to financial institutions Investments Advances Other assets Liabilities Bills payable Borrowings Deposits and other accounts Sub-ordinated loan Other liabilities On-balance sheet gap Off-balance sheet financial instruments Forward Lending Interest Rate Swap Foreign Currency option Forward Foreign Exchange Contracts 0.669.988.813) 89.628.538 25.900.530.460.167 (17.154.465 3.195 8.701 3.256 26.305.508 2.844.102 5.128.780 3.562 (1.411.459.321.089 230.425.263.220.550 274.009 5.650.091.688 266.655 48.775 37.476 5.796.564 4.163 158.079 2.128.443 704.900.285.028 90.304.304 1.251 69.556.897 909 699.807 7.845 9.420 8.99% 13.453 845.591 3.347 2.700 84.957 15.938 783.042 3.420) 46.082 (56.527.693.27% - 21.082 48.513 5.358 8.147 3.213 48.043 6.870.599.802.203) 7.976.915.395.865 (19.861.600 9.619) 23.927.112 (898.555 2.940 6.386 196.559 22.500 2.265 11.616.904.000 261.186.456 5.651 4.052 16.850 2008 Effective yield / interest rate Total Upto one month Over one month to three months Non interest bearing financial instruments ------------------------------------------------------------------(Rupees in '000)---------------------------------------------------------------------Exposed to yield / interest rate risk Over three Over six Over one Over two Over three Over five months months year years years years to six to one to two to three to five to ten years months year years years years Over ten years On-balance sheet financial instruments Assets Cash and balances with treasury banks Balances with other banks Lendings to financial institutions Investments Advances Other assets Liabilities Bills payable Borrowings Deposits and other accounts Sub-ordinated loan Other liabilities On-balance sheet gap Off-balance sheet financial instruments Forward Lending Interest Rate Swap Foreign Currency option Forward Foreign Exchange Contracts Forward Borrowing Interest Rate Swap Foreign Currency option Forward Foreign Exchange Contracts Off-balance sheet gap Total yield / interest risk sensitivity gap Cumulative yield / interest risk sensitivity gap 128.638 41.792.893.013 4.934.587 882.133 768.078 80.235 600.942.442.648.847.844.864 3.304.474 5.063.077.086 338.26% 8.651 54.157 53.979.079 27.891 20.664 14.149 25.788 2.672.630.498.199 14.155.409.154.743 9.334 221.00% 3.551.601 69.206 2.832.536.323 3.364.906 14.723 3.638 15.005.285 121.047.064 18.681.053 9.526.245.953 6.26% 0.549.528.967.886.000 149.200 10.300.069 84.012.910 5.913 85.436 17.774 38.000 193.388 58.561 2.296.199 19.532.468.061.304.860.552.299 80.502) 48.304 3.365.845 1.905 2.372.255.807 53.901 4.840.666 6.988.691 193.037.891 436.592 1.126.623 6.326 6.154 65.

chaired by the Chief Executive Officer. key balance sheet ratios. A substantial portion of the Bank’s assets are funded by customer deposits made up of current and savings accounts and other deposits. This committee. represent a stable source of funds.com. 39. These comprise commitment and wholesale borrowing guidelines.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 39.5 Yield / Interest Rate Risk Yield risk is the risk of decline in earnings due to adverse movement of the yield curve. is responsible for both statutory and prudential liquidity. medium term funding requirements and day to day monitoring of future cash flows. or can access them only at excessive cost. liquidity contingency funding plans are reviewed periodically to ensure that alternative funding strategies are in place and can be implemented on a timely basis to minimise the liquidity risk that may arise due to unforeseen adverse changes in the market place. Interest rate risk is the risk that the value of financial instruments will fluctuate due to changes in the market interest rates. The Bank is exposed to various risks associated with the effects of fluctuations in the prevailing levels of market interest rates on its financial position and cash flows. These customer deposits. A range of tools are used for the management of liquidity. Liquidity risk is managed through the Asset and Liability Committee ("ALCO"). The Bank also maintains significant levels of marketable securities either for compliance with local statutory requirements or as prudential investments of surplus funds. which are widely diversified by type and maturity. The bank manages this risk by matching the re-pricing of assets and liabilities and off-balance sheet instruments. www. Liquidity risk is monitored through the internal liquidity risk management policy. In addition.standardchartered.6 Liquidity Risk The Bank defines liquidity risk as the risk that the Bank either does not have sufficient financial resources available to meet all its obligations and commitments as and when they fall due.pk 163 .

700 123.411.188 673.571 338.504 48.661 129.583.009.201 3.691.781.931.830 23.296.850 2.094.632.533 6.435.330 15.358 18.617.095.837.868 190.521.844 8.009 5.298 169.054.700 283.009.309 27.771.938 2.202 742.160 5.489 8.568.800 3.500 Net assets Share capital Reserves Unappropriated profit Surplus/(deficit) on revaluation of assets Minority interest 38.645 10.047.078.592 2.864 6.358 872.229.304 10.122.845 1.449.847.658 23.428 9.368.850 1.453 21.482 Net assets Share capital Reserves Unappropriated profit Surplus/(deficit) on revaluation of assets Minority interest 38.918.861.200 4.904.550 (4.915 27.000 5.442 61.446.121 (55.741.828 1.898 40.489.897.710.482 164 SCBP Annual Report 2009 .046.881 10.204.539 26.115.287.191 1.261.032 135.012.7 MATURITIES OF ASSETS AND LIABILITIES Total 2009 Over one Over three Over six Over one Over two Over three Over five Over ten month to months to months to year to years to years to years to years three months six months one year two years three years five years ten years ----------------------------------------------------------------(Rupees in '000)---------------------------------------------------------------------Upto one month 21.867.234 61.000 39.146 10.722.699.769 402.699.009 25.987.211 255.974 103.564) 8.289.616.087.592 2.735.972.870 4.785.785 3.836 436.401 772.147 5.544 58.183.494.842.827 3.326 206.379 4.415 149.715.907.681 793.021 43.523.119 1.814 1.842 6.666 343.902.791.149.406 28.305.422 1.573.290 142.453 317.479 (8.799 172.600 6.918 4.906 8.904 3.579 14.438.060 3.504.051 449.706 1.517.972 1.891 436.849 1.616.700 9.735 337.856 3.235.410 38.172.813.825 1.230.574 382.674 237.744 2.736 270.521.319.959 10.709 125.164 223.327) 1.364 10.910 3.741.705 3.332 250.876 12.715.365 4.059.865 9.000 7.518.582 31.229.150 13.003.365.322 149.506.539 41.038.101 656.064 83.379 2008 Over one Over three Over six Over one Over two Over three Over five Over ten month to months to months to year to years to years to years to years three months six months one year two years three years five years ten years -----------------------------------------------------------------------(Rupees in '000)----------------------------------------------------------------------------Upto one month Total Assets Cash and balances with treasury bank Balances with other banks Lendings to financial institutions Investments Advances Other assets Operating fixed assets Intangible assets Deferred tax assets 22.388 2.343.078 19.491 158.915.704 95.647.937.252.979 387.771.976.363.443 184.291 28.237.936 (2.305.360.972 9.869.731 267.256 10.379.119 1.672.302 909 698.172 4.058.619.709.422.141 27.460.884.840.846.365.828 2.844.664 14.508) 2.026.398 2.519 7.836 350.296.930) 6.420 3.100 2.788 12.420 8.193 40.583 18.627 28.039.677.361.985.581.909.993 8.608.265.161 394.609.154.813 48.468.421 7.245 7.886 43.403.580.300 34.290 7.261.347 4.279.647.722 50.216 149.872 1.497.141 Liabilities Bills payable Borrowings Deposits and other accounts Sub-ordinated loan Other liabilities 4.731 17.978 12.080.368 22.326.660 92.319 185.792 2.511.052.390 10.779.712 6.015 417.907 (1.450 768.018.887.201 3.070.500 3.059 3.750 26.439.461.891 18.527 704.102 10.211 15.925.614.359 40.472.757 1.089 13.048 993.033 11.933.991.844.050.679.684 3.032.353 496.863 82.867.474 7.614 79.413.142.867.638 15.500 Assets Cash and balances with treasury bank Balances with other banks Lendings to financial institutions Investments Advances Other assets Operating fixed assets Intangible assets Deferred tax assets 21.594 174.742 2.053.568.640 6.634 10.316 368.714 736.270 10.758) 395.183.629.408 1.353 246.048 7.688 8.215 3.891 20.099 368.379 124.239.277 3.001 9.582 23.166 18.376.169.761 248.282 3.439 28.725 (2.949.977 15.929.623.782 1.189 1.714.814.790 128.902.082 1.630.676 27.076 84.225 31.013.052 9.556.114.641 1.536.992.900.915 4.601.359 158.524.154 22.368.074 30.638 6.321.975 13.980) 775.266 7.500 2.741 5.976 92.693 350.310 100.253 2.460.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 39.206 10.557 8.819.363.192 Liabilities Bills payable Borrowings Deposits and other accounts Sub-ordinated loan Other liabilities 4.750.145.754.024 268.263.630.303 56.091 10.535.278.

personnel and other risks having an operational risk impact.577.505 - www.370 736.484 1.577.054.610.375 1.377. The CORG is chaired by the CEO.601 3.002. Significant issues and exceptions are reported to CORG and are also picked up by the independent Risk function for discussion at the Risk Committee chaired by the CRO.190.000 802.181 53.190 1.640 120. monitor and manage operational.863 1.294 60.002. and to report.719. ISLAMIC BANKING BUSINESS The Bank is operating with 10 Islamic Banking branches at the end of current year as compared to 8 Islamic Banking branches at the end of last year.Diminishing Musharaka . and CRO is an active member of this forum.086.132.181.181 1.595 2.220 6.871 97.414 300.com.209.637 5. ethical and environmental risk.028 7.Murabaha .998 785.219 5.Musharaka .000 565. social.505 1.378.000 1.160 114.8 Operational Risk Operational risk is the risk of a direct or indirect loss being incurred due to an event or action arising from the failure of technology.530 10.181 - 2008 (Rupees in ‘000) 87.505 200. processes. 2009 40.standardchartered.631.874 133. 40.834 198.pk 165 .391 524. All business units within the Bank monitor their operational risks using set standards and indicators. self-compliance audits and internal audits also form an integral part of the operational risk management process. Disaster recovery procedures.300 816.130.800. business contingency planning.Others Operating fixed assets Other assets Liabilities Deposits and other accounts .Savings accounts .000 1.632.1 Balance Sheet Assets Cash in hand Balances with and due from Financial Institutions Investments Financing and receivables .134 1.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 39. The Country Operational Risk Group ("CORG") has been established to ensure that an appropriate risk management framework is in place at a grass root level.254. infrastructure.695 1.Current accounts .811 9.190 1.371 3.684 135.Term deposits .099.119 55.Others Due to Head Office Due to financial institutions Other liabilities Net Assets Represented by: Islamic Banking Fund Reserves CONTINGENCIES AND COMMITMENTS Remuneration to Shariah Advisor / Board 200.

311 168.873) 532. 2010 Najam I.490) - Profit / return earned on financings.348 510 168.237) 545.191 41 DATE OF AUTHORIZATION These financial statements were authorized for issue in the Board of Directors meeting held on 4 March 2010.270 105.847 2.399 882.858 615.837) 656.Standard Chartered Bank (Pakistan) Limited Notes to the Consolidated Financial Statements For the year ended 31 December 2009 2009 Charity fund Opening balance Additions during the year Payments / utilization during the year Closing balance 40.580) 324. Chaudhri Director Parvez Ghias Director Shahid Zaki Director 166 SCBP Annual Report 2009 . Badar Kazmi Chief Executive Karachi: March 04.820 (376.184 (123.021 (225.492) 446.041.677 102. commission and brokerage income Other income Total other income Other expenses Administrative expenses Profit before taxation 1.257 (290.929) 664.428 (92.558) (3.558 3.490 (1.2 Profit and Loss 2008 (Rupees in ‘000) 1.117 637. investments and placements Return on deposits and others dues expensed Net spread earned Provision against non performing financing Net spread after provsions Other income Fees.891 (218.

584.430.722 - 12.424.420 - 5.580 1.684 1.191.206 516.016 3.265 - 1.041 - 3.068.697 1. N 4230116401513 3.594 2.679 359.265.pk 167 .994. SEA BREAZ LUXURY APPT.780.111.000 8.954 661.206 438. 1962 during the year ended 31 December.575.398.651.874 3.484 952.581 2.914 1.880.959.887 584.DUNIYAPUR ROAD KEHROR PACCA HOUSE # 8-I/II.627 21 KHALID JAMIL PULL 48 VEHARI 3660337819485 2.719.265.345 - 3.333 - 3.703.326 8.191.580 16 AFTAB AHMED 4.085.718.401 20 SYED ALI MOHI UD DIN 3520238090521 6. 'D' STREET.484.988 549. No.445 13 ABDUL RASHEED BHATTI HOUSE NO E 23/ 13 NC AL REHMAN ST MOHALLA ISLAM NA 3520141559989 1.988 674.989.417 - 10.417 8.883 25 MUHAMMAD SALEEM M.916 9 KHALID BASHIR AWAN 12 SHER SHAH BLOCK NEW GARDEN TOWN LAHORE 3520160541051 8.220 5 AHMED UMER QURESHI 16/3 C AREA LIAQAT ABAD KARACHI 4210118942415 2.798 1.138.556 - 2.907 4.695.780.246 421.617. BARAR.519 2.487.394 1.016 3.994.862.552.584.034 - 3.370 2 SUGHARA MAZHAR FLAT NO 11 HANGING GARDEN KHYABAN E ROOMI CLIFTON 4230151355152 8.401 - 7.496.197.382 901.095 1.18-B MAIN MEER UPPER MALL LAHORE 3520223620247 3.927.053.039 827.138.697. WAZIRABAD 3630213120977 3.695.739 22 MUHMMAD AZAM REHMAN AGRO TRADERS SABZI MANDI ROAD NEAR DERA ADDA MULTAN GHALLA MANDI.035 - 2.552.561 2.569.679 359.487.481.057 600.684 2.241 418.406 - 2.680 29.669 3.651.standardchartered.734.946 - 1.862.125 15 FIDA HUSSAIN HOUSE NO 94 PIR RONKI PARK AMIR ROAD SHAD BAGH LAHORE H NO A-103/3 SATTELITE TOWN RAWALPINDI 3740505636719 1.713.569.484.629.333 - 3.499.628 28 MUHAMMAD ZUBAIR 4210114038345 8.895.398.909 1.549 - 1.246.594 - - 2.1 Statement in respect of written-off loans or any other financial relief of five hundred thousand rupees or above as required under sub-section (3) of section 33A of the Banking Companies Ordinance.734. MOHAMMAD SHAFIQUE 22 SHAMI ROAD SHAMI BLOCK MUSLIM TOWN 1 FAISALABAD 3310001379385 3.697 1. BLOCK 5.382 729.391.201 2.688 1.679 - 2.P BERAR SOCIETY NEAR AGHA KHAN 4210114038345 2.150 - 2.499.814.523. C.927.920 2.995 6 SH ABDUL REHMAN 289 GULSHAN COLONY FAISALABAD 24548234411 4.669.220 3.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .706 - 3.583.782. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 1 S MUHAMMAD BAQIR BUKHARI H NO 45 A LANE NO 3 GULISTAN COLONY RAWALPINDI 3740553948965 2.293 918.039 667.430.313.594 994.873 11 HORIA TAUSEEF CHOICE DEPARTMENTAL STORE 333-B PEOPLES COLONY FAISALABAD H NO 1979 ST 71 I 10/1 ISLAMABAD 3310090899823 2.459.499.276 - 3.490 - 42.197.144 - 2.304.830 580.511 - 3.496.062.440 - 2.174.776 19 MUHAMMAD RAFIQUE HOUSE NO.902.364 - 1.424.334 6.718.840 - 2.707.150 - 2.036 27 SALEEM MUHAMMAD FLAT NO E GROUND FLOOR MARINE CORNER BLOCK2 SCHEME5 CLIFTON 258-A.580 1.909 1.391.417 - 10.821 - 4.002 1.795 - 1.049.036 - 11.682.484 952.993.2 .691 418.552.351 - 1.981 - 11.276 - 3.298.904 7 SYEDA SARWAT AFZAL A 380 SECTOR 14 B SHADMAN TOWN KARACHI 4210117513350 1. KHAYABAN-E-HAFIZ.401 - 7.682. SOCIETY BLOCK NO.510 18 M IQBAL NAQVI ABSHAR LODGE 4TH FLOOR FL 13 KATCHI MEMON ST NO 1 4230164398129 1.522 23 NISAR AHMED 3410423122557 6.542 www.326 3 SH.782.324 385. 2009.150.213.993.150. 3620211076303 2.669 4 JAHANGIR FAISAL 506 1A.493.675.881 17 LIAQUAT ALI H NO 573 ST 5 HUMAK MODEL TOWN ISLAMABAD 6110184375323 1.987.795 - 1.294 - 4.743 - 2.158 683. CLIFTON.099.575.192.948.313.000 2.298.679 - 2.025.195.com.023 14 MOHAMMAD ZUBAIR 258-A BLOCK-7 & 8 C.785 292.785 292.365 6.293 937.580 1.210 - 5. Amounts in Rupees Sr.939.682 - 3.334 2.499.798 989.561 8.049.192.638 12 AMJAD NADEEM 6110157266707 1.246 421.085 - 3.487.299.738 10 MUDADAR SUHARWARDY 247/248 ZEENAT BLOCK ALLAMA IQBAL TOWN LAHORE 3520238436601 1.963 - 2.049.840 - 2.943 - 9.926 - 2.426 12.401 - 12.883 8 M FAWAD H NO 256 ST 90 1-8/4 ISLAMABAD 4230193017273 29.010.954 477.972.754.435.398.676.115.811.SALEEM TRADERS.184 - 6.904 4.057 797.511 - 3.311.561 - - 8. 7-8 4200003746675 2.099.426 10.681 - 8.845 375.134.55 STREET NO.254 - 40.365.199 - 2.641.AMIN PARK BAND ROAD LAHORE HOUSE NO.887 584.933 892.557 1. P.420 - 5.813.150.522 3.334 24 MUHMMAD ASLAM 48-B GRAIN MARKET VEHARI 3660368095819 2.519 26 MOHAMMAD FAHAD ASLAM CHOUDHARY 3520280953257 8.099.504 2.845 375.300.158 683.933 892.195.719.324 479.677 - 1.000 - - 8.595. PHASE-V.830 419.995 2.085.213.

412.432 10. HARIS VIEW.472 25.7TH FLOOR.976 3.734 - 1. F B AREA.952 - 694.381.502 45.523 - - 612.406.705 52.117 50 AARAS SHIPPING AGENCIES 701.785 530.888 52 Z -A ENTERPRISES 4210116839491 1.934 562.838 39 4220113793537 775.824 45.STAR GATE.222 6.336 24.190 - (310.083 808.165 30 GOOD CHANCE SEWING MACHINE & CO I G1/21.232 515.396 1. RAWALPINDI OFFICE # 377-A. KARACHI M/S ORIENTAL BUSINESS SERVICES PLOT # 397-A.000 30.660.885 43. LANE COMMERCIAL AREA.987 44.847 - 715.NEAR SHOE MARKET. ALI'S APARTMENT PHASE I.235 721. OFF I.610 51 M/S AFAQ BROTHERS 4210142898773 500.210 72. OFF 26 STREET.433 41 AL . ST-5.296 74.2ND FLOOR.592 54. SADDAR.QUAID-EAZAM.592 38 NANA MANAGEMENT PVT LTD 101 FIRST FLOOR.760 932.027 - 1.C.BLOCK # 2. KARACHI PLOT # B -31.882 - 724.583 57.367 - 1.JODIA BAZAR.2ND SUN SET.365 30.279 42 M/S MALVAN ENTERPRISES 4230108956093 665.760 - 857.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .127 66.101.366 48 SIGN MEDIA ADVERTISING 4210119175181 1.766 746. SHAHBAZ COMMLANE.074 - 1.STREET # 2. PLOT # 9C. 39.368 12.501 - 884.154 - (8.TRUCK STAND HAWKS BAY ROAD. LANE 4.578 - 756.949 738.PHASE 2.016 - 1.366 35. SECTPR 31B.117 12.SHAMS CROKERY SHOP NO # 58NEW BOLTAN MARKET.417 - 677.062. D.339 43 M/S PAK ENTERPRISES 4210155819915 721.082 - 3. J J CENTREQJODIA BAZAR KARACHI AL-KAUSAR TRADERS.I.594 50.074 - 1.592 54.BUSINESS PLAZA.811) 1.024. PHASE 6.991 28.172.KORANGI PENETH 5 KARACHI 4220165856795 787. AURANGZAIB MARKETM A JINNAH ROAD KARACHI OFF # 204.129 - 792.868 - 921.379 862.468.028 - 836.083 - - 2.E. KARACHI 14 / 17. 5TH FLOOR.308 - 555.732 17.024.708 - - 732. MARIPUR KARACHI SP-1MEZZANINE FLOOR BLOCK2AL KARAM SQUARE KARACHI 4220105294001 754.480 784. NAZIMABAD NO 1 KARACHI PLOT 5/27 2ND FLOORUPON NIAZI JEWELER SARAFAMARKET LIAQUATABAD KARACHI PLOT # 10/C.837 - 576.366 - 819.733 54 UMAIR TRADERS 3740549025121 854.065 500.NISHTER ROAD.244 15.252.523 32 M/S ASHRAF TRADERS 4210137058665 750. BHANGORIA GOTH.785 - 675.HAWKSBAY KARACHI 4220115391489 839.052.366 - - 672. DHA. 3RD FLOOR. KARACHI ROOM # 48.PROGRESSIVE SQUARE.077.729 - 525.843 - 647.552 - 543.781 46 M/S BISMILLAH COMMUNICATION SHOP # G-11 & 12.MAIN SHAHRAH-EFAISAL.549 538.M A JINNAH ROAD.024.721 25. No. KARACHI SHOP # 4 GULSHAN-E-AL MUSTAFAARCADE.970 17.702 - 556.CHUNDRIGAR ROAD.367 - 1.052. OPPOSIT AIR PORT. KARACHI SHOP # 2.674) 891.708 663.696 - 729. RAZA MOBILE CITYNATIONAL HIGH WAYMALIR CITY KARACHI PLOT # 11-A. KARACHI TAWAKAL MARKET PLOT # B7/8STREET # 4 GATE-I.418 - 1.296 - 936. KARACHI 4210130967681 746. CROWN CINEMATRUCK STAND.964 - 756. KARACHI SHOP # 4.BLOCK 6P.149 - 646.014 44 M/S ISMAIL AND BROTHERS 4210117546191 671.721 27.356 15.H.943 - 779.295 45 M/S BISMILLAH MILK CENTRE & BABA ISHAQ DAIRY FARMS 4230110816373 743.577 952.366 672. PIPRANI AND COMPANY 4220106555215 1. KARACHI 4210154154219 756.460 31 AZEEM UDDIN JEWELLERY 4200001007805 741.174 11.523 34.784 32. KARACHI OFFICE # 305. DAWOOD CHOWRANGI.829 71.655 - 764.879 - 708.929 - 613.885 70. DHA.149 55 AL-ABID DAWAKHANA 3740529659277 627.ARFAT CHAMBER.628 24.807 - 522.232 - - 750.899 10. KARACHI SUITE # 2.106.405 - 782.087.660.251 704.768 - 1.SHOP # 300RAZI MARKET.S.936 12. H.077 - 652.JUBILEE MANSION PREEDY STREET.751 767.350 - 765. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 29 MALIK SOHAIL AKHTER FLAT NO.126 754.235 562.839 168 SCBP Annual Report 2009 . MAZNINE FLOOR. MUMTAZ HASSAN ROAD.660.H.594 50.730 839.272 40 M/S MAGNAZ ENTERPRISES 19/F.336 43.067 59.617 25.666 53 MUHAMMAD NAZIR 4220151239709 900. EXT.823 36 AL-KAUSAR TRADER 952.260 70.DARYA LAL STREET.994 49 M/S MASOOD & JAMIL ICE FACTORY PLOT # 16.421 80.970 81. SHOP NO 4NEAR POST OFFICEOPP OWN PLAZA. ST # 2NEW SABZI MANDISUPER HIGHWAY KARACHI SHOP#1STREET #10ARTLARY BURNS ROAD KARACHI 4230187382809 710.491 47 M/S NEW LIFE GOODS TRANSPORT CO 612.699 - 805.081 713.SHAHRAH-EFAISAIL KARACHI AA / 155 -D PUL SHAH NAZAR DEWANJAMIA MASJID ROAD. SHOP # 12KPT BUILDING.666 1.434 56 SHAFANA 3740561894177 1.106. NEARDISPENSERY GROUND TENCH BHATTA RAWALPINDI 252 SCHOOL LANERA BAZARCANTTRAW 4230109526465 932.776 35 M/S SHAMSI TRADING COMPANY 4210111795943 732.516 648.PLOT # 26-C.REGAL CHOWK.NEW TRUCK STAND.ZAKARIA LANE.922 - 859.260 1.A 4230109114231 2.029 33 M/S CITY AUTOMOBILE 3830211527953 672.958 - 804.235 - - 756.866 - 613.866 616.770 - 780.083 2.067 73.210 72.732 - 840.1 Amounts in Rupees Sr.017. F-MARKET.177 - 989.245 34 M/S ALI OIL TRADERS 4220105150093 807.583 92.761 510.577 37 Z.523 612.315 - 723.

025 662.846 66. 1ST FLOOR. GULSHAN RAVI.standardchartered.326 65 M ALTAF BUTT H # 33.512 70 MOHAMMAD HAJI TAMEEN LATE 4230110449071 719.265 71 GHULAM AHMED SIDDIQUI 4220107416591 627.293 - 1.056 - 640.535 - 724.419 - 786.785 61 MOHAMMAD ABDUL MAJEED S# 2A -17 .180 - 681.285 - 1.080 69 MUHAMMAD SALEEM 4230139733921 700.BHANGORIA TOWN.811 1.GULBERG -III.508 - 736.STREET# 4.769 1.200 80 ALI JAAN CRYSTAL NOTE BOOKAL MAIRAJ CENTRE22 URDU BAZAR LAHORE LUCKY TRADERS10MONTGOMERY ROAD LAHORE 3520258749427 719.518 93.112.518 93. BLK # 13-A.AL MANSOOR PLAZA.640 69.618 719.296 64 KHAWJA AZIZ UR REHMAN 4210123669233 804.002.712 - - 512. KARACHI LSA-1-7.846 64.PLOT# 1044.703 - 550.023 - 633.900 43.683 537. BLOCK-19RASHID MINHAS ROAD F B AREA KARACHI SHOP# 2.AKBAR MARKET.259.349 - (71) 627.317 690.352.348 657.LIAQUATABAD.018.252 - - 670. LAHORE 3520226316725 926.455 - - 510.112.183 558.392 675.513 - 792.002.F.SHEREN JINNAH COLONYCLIFTON KARACHI 4240120202227 662.ALI GARH BAZAR.262 - 714.B. ST #1KACHUPURAFAIZ BAGH LAHORE 3520253667475 769.844 - 610.541 512.869 24.126 479.304 554.002 - 523.628 77 MOHAMMAD RAFIQ KHAN H# 10-A.782 - - 926.084 - 708.811 62 MOHAMMAD ILYAS QURESHI 4250183471773 889.228 83 MUHAMMAD SADIQ 1.947 - 711.633 - 695.512 - - 639.360 58 SYED ATTA MUHAMMAD 4220158629585 565.293 - 1.SHAH FAISAL COLONY.NEAR FOOTBALL STADIUM KARACHI PLOT NO RC 323/4RABIA MANZIL BHAWAN JEE STREETRANCHORLINE KARACHI HAJI ABBAS CENTREROOM # 4 FIRST FLOORHAWKSBAY ROAD KARACHI OFFICE # 105.091 889. KARACHI 4220112906495 1.774 112.304 www.BLOCK .082 41.304 - - 554.535 - 724. AREA. KARACHI LIYARI GENERAL HOSPITAL.363 57.270 - (79.846 42.316 63 MUHAMMAD BASHIR MEMON SHOP# 13.719 68 ANWER BAIG 4210169664867 637.993 72 QAMAR UDDIN ZARIA 4220105075295 711.714 25.937 50.173 509.333 1.298 - 685.272 - - 804.712 59 GHULAM ZAMIN DURRANI 4220172244983 675.696 594.749 - - 707. LAHORE 3520171923281 600.722 - 784.182 16.782 33.075. No.352.PAKISTAN CHOWK.004 60 ALI GOHAR 4230155020653 509.628 1. KIRYANA MARKET.839 9.BLOCK -B. NEAR QADRIA MASJID KARACHI L-501.855 639.GULSHAN-E-IQBAL KARACHI 4230116851735 741. NEAR HABIB BANK.RAVI ROAD.995 - 1. KARACHI SHOP # 1.MAIN BOULEVARD.888 44.CENTURY TOWER.NEAR DAKHNI MASJID.714 30.075.363 69. 207. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 57 JALAL DEEN SHOP # 1-2.252 66 WAHEED JAVAID KHAN OFF NO..099 - - 769.782 33. 13-C.pk 169 .285 - 1.874 - 736.377 707.343 37.922) 759.GULSHAN-E-IQBAL.826 - 611.NEAR A-1 HOSPITAL.CAVALRY COMMERCIALAREA. R 695SEC 11-C/3DISCO MOR.813 11.696 - - 594.278. NORTH KARACHI KARACHI 3520251084093 563. MOHALA NABI PARK.445 - - 537.749 73 ABDUL SALAM 4210117671939 690.391.483 - 733. LAHORE 3520227541807 839. 75 L.676 - 974.833 46.SAINT MARY'S PARK.BLOCK# 10.900 - - 637.1 Amounts in Rupees Sr.018.259 - - 563.774 112.727 32.995 - 1. LAHORE SHOP# 12-A.304 - - 554.099 670.130 39.846 13.151 - 1.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .568 81 SHEIKH MOHAMMAD SOHAIL 3520209411743 1.541 - - 565.727 22.2. ST# 2-A PREM NAGARRAJGARH LAHORE 3520202785027 479.772 - 762.2ND FLOOR.130 - 605.782 832.391.NEW TOHEED PARK.259 510.OPP SHELL PETROL PUMP.GULBERG -III.272 780.130 60.317 74 ABDUL MAJEED HAJI PARK2-REHMAN PURA LAHORE 3520292659405 1.540 76 SIKANDAR BAKHT QURESHI 3520278462947 1. DURANI PLASTIC STORE.com.MAIN QAIDABAD.CROWN SQUARE.908 10. UNIVERSITY ROAD.GULBERG 3 LAHORE 3320215863839 580.445 84 SHEIKH HABIB AHMED (LATE) SUITE # 181ST FLOORKHAWAJA ARCADE WAHDAT ROAD LAHORE 3520225590939 554.455 67 HABIB UR REHMAN 4220160974849 594.333 82 MUKHTAR ALI 476-A.259.091 - 524.609 741.367 - 704.888 28.769 75 AHMAD KHAN ( LATE) 26-3RD FLOORCAVALRY CENTRE.246 - 798.099 10.278 590.696 39.329 719.278.844 580.933 - 811.640 84.451 - 959.423 79 ABDUL JALEEL H # 224.228 - - 558.082 15.ST # 14.238 - 508.423 - - 832.D MODEL TOWN.900 637.343 37.LAHORE CANTT LAHORE SD-45.FALCON COMPLEX. KARACHI SHOP # 2/14 & 5/129COMMERCIAL AREA.182 16. KARACHI PLOT NO 5/45/ASHOP NO 35 AL MADINA MARKETMODEL COLONY NEAR LEE MARKET KARACHI PLOT # B .151 - 1.523.890 78 MUHAMMAD YOUSAF H# 53. LAHORE 3520289377783 698.

735 - 593.958 19.712 106 MUHAMMAD ASHFAQ 3740306541389 496.687 36.467 110 SHAHID NAZIR C 16 BLOCK 13-DGULSHAN E IQBAL KARACHI 4220107073785 489. LAHORE 3520266045929 1.015 - - 644.10TH COMMERCIAL STREET PHASE IV D.057 9.977 727.621 - 603.352.865.039 - 921.076 - - 782.273 99 ZAFAR TRADING CO 3520249909223 902.330. USMAN MARKET.669 - 995.583.607 - 601.871 92 ALI CLOTH HOUSE SHOP # 1.284 42.MACLEOD ROADASLAM ARCADE LAHORE 3520229284227 644.165 51.932 32.147 109 PERVAIZ MANZOOR 395 A ESAMAN PARKJOHAR TOWN 3520205413417 499. BILAL MARKET.350 27.316 9.957 48.639 - - 727.648 981.4 ZAILDAR ROADICHHRA LAHORE 3520265689921 1.SHAHDRA LAHORE H # 14.557 76.MISRI SHAH LAHORE 26-KM MAIN MULTAN ROAD.381.267 111 KHANZADA QAISAR 96-E MODEL TOWN LAHORE 3520015616151 439.068 55. LAHORE 3520014964961 551. ST # 52-A.861 93.765 499.932 7.17 WAHDAT ROAD.024 486.22 URDU BAZAR.735 39.212.895 19.306 - 720.080 - 943.1ST FLOOR.970 - 839.401 - 1.926 - 1.639 102 AGHA IFTIKHAR HOUSE # 2 SABRI BUILDING NEAR CALTEX OIL DEPOT PECO ROAD FLAT P 9 STAR SHELTERS BL 18 GULISTAN E JOHAR 3520219147859 2.601 - 1.595.637 571. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 85 BADAR CLOTH & FOAM CENTER 16.815 - 2.049.446.832 433.330.447.273 834.508 - 1.000 98 WAMALEE INTERNATIONAL PAKISTAN 3520214895293 834.ABDUL HAFEEZ AND CO 3520259680679 939.104 30.449 - 953.NEAR BATA FACTORY.062 96 AL-RIZWAN DYING STOP # 25.NEAR WASA DISPOSALJIYA MUSA.405.SHAHALAM MARKET.344 711.698 103 AHSAN ELLAHI MALIK 4200005745451 483.1 Amounts in Rupees Sr.460 16.338 93 YOUNAS BEEF SHOP 3520224261671 1.848 33.015 576.785 83.808.919 - 956.772 1.415 104 BILAL AHMED 21-A-11 18TH KHAYBAN E TAUHEED PHASE 5 DHA 4230111066877 555.595.098 100 AFZAL AHMED 4250108342727 1.576 7.637 112 HUSSAIN ALI KHAN A 148 BLOCK 2GULSHAN E IQBAL KARACHI 4220104310769 822.532 - - 1.042 6. RAVI ROAD LAHORE ROOM -301.735 21.564 - 505.338 1.489 - 491.322 42.338 - - 1.532 94 LODHI ENTERPRISES 4-A.172 10.721 26.093 - 510.OPPOSITE TREET BLADE FACTORY.746 1.150 90 BILAL TRADER WIRE ROPE 3520268491487 766.115 - 541.808.457 - 534.KHAWAJA ARCADE.063 - 1.087 63.395 672.680 20.222 11.460 16.379 88 WELL TRADING CORPORATION M/S WELL TRADING CORPORATIONSUIT # 20.865.012. KOT LAKHPAT.288 - 468.815 89 JAVED ELECTRIC STORE 3520137600011 1.379 939.651 108 MUHAMMAD HANIF 3310007493391 449.BAO SHOAIB MARKET.17.238 - 777.843 - 1.632 - 582.906 10.073 72.661 1.567 526.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .288 758. LAHORE OPP SHAHAB SWEETS.655 782.808.628 24.143 13.447.373 433.282 18.230.108 - 885.637 737. BLOCK COMMERCIAL AREAPHASE I DHA CANTT LAHORE 30 CHARAGH DIN ROADMOZANG LAHORE 3520128253917 933.129 - 1. LAHORE SHOP # 1.094 501.369.544 19.165 51.971 86 S A MOBILE CITY 32-H.000 - - 737.798 1.239 - 517.183 107 MUHAMMAD SHAHID IQBAL HOUSE NO 36.338 - - 1.832.595 - 770.LAHORE BLOCKAZAM CLOTH MARKET.330.869 510.155 - 647.714 468.189 - 571.732 93.153 - 499.011 - 735.044 - 525.356 19.919 - 956. ST NO 3HASSAN PURA DHUDI WALASIALVI GENERAL 4230112280905 496.094 - - 496.735 115. 3RD FLOORASHRAF PLAZA.487 101. No.660 - 535.447.613.262 97 WALI TRADING COMPANY 3840374091545 764.118 - 1.698 - - 1.363 87 CH. LAHORE 3520273680109 1.251 - 564.MECLOAD ROAD LAHORE ROOM # 227-228 ZULQARNAINCHAMBERS GANPAT ROAD LAHORE H# 40/13 1ST FLOOR SECTOR 11/G NORTH KARACHI 3520112874997 1.790 95 CRYSTAL PUBLICATIONS AL-MERAJ CENTER.723 - 1.891 91 YOUSAF FOOD INDUSTRIES PVT LTD 3520222004937 990.808.648 - - 990.688 16.244 - 769.024 - - 496.104 135.019 81.H.899.327 - 1.MAIN BAZAR SHAKAR GARIANTOHEEDABAD.850.947 1.108 - 885.460 559.325 501.353.225 8.832.184 170 SCBP Annual Report 2009 .482 - 585. CHINA TOWER.202 14.415 - 459.658 808.494 - 570.076 101 ZEESHAN JAMAL RUFI HEAVEN FLAT NO D311 GULSHAN-E-IQBAL BLOCK 13-D/2 4220172170513 1.389 105 M ASLAM 3RD FLOOR SAUD CHAMBERHASAN ALI AFFANDI ROADILYAS H NO 102ST # 36GULSHAN ABADADYALA ROADRAWALPINDI 4230186130237 557. LAHORE 516 PICCO ROAD.A SIDDIQUE SUNSET CLUB P-57.

908 89.345 140 MUHAMMAD SIKANDAR MUGHAL JAHANGIR PETROL SERVICE MAIN NATIONAL HIGHWAY QUAI LANDHI NEAR UFONE OFFICE 4220160090093 641.H.419 24.C.579 120 KASHIF QUDDUS HOUSE # 219STREET # 74SECTOR # G-9/3ISLAMABAD 6110101157841 443.141 429.377 - 466. STREET NO 10BLOCK 4D.662 135 MOHAMMAD INAM H NO 280BUKHARI COLONYBANARUS ROUND ABOUT ORANGI T A 174/1 BLOCK VIIIK.969 - 500.444 - 521.295 84.763 83.356 38. 3740566197851 482. EXT .244 53.939 90.938 - 541.886 - 525. KARACHI 4200005377617 435.362 497.706 - 574.018 77.186 - 683.477 121.377 - 528.029 543.759 - 660.450 116 NASEER AHMED 4230113136485 463.269 - 517.630 - 558.1 Amounts in Rupees Sr.115 www.224 133 MUHAMMAD RIAZ KHAN H NO S-2/814SAUDABADMALIR TOWN 4220174416513 453.923 138 NASEEM AKHTAR HOUSE # 3-C/1 BLOCK C SATTELITE TOWN.779 72.20 PARO WADHO WAH ROAD.246 - 616.070 127 KAMRAN AKRAM BUTT 3460321102795 499.635 85.842 79.541 599.301 - 518.481 131 ASMA JAVED 157 F 2 JOHAR TOWN 3520222694668 467.A 50257384928 437.866 499.718 438.231 476.HIRABADNEAR LAL MASJID HYDERABAD 4130363706437 463.641 136 SALMAN AHMED 4200004663943 579.396 - 606.344 119 KABEER KHAN R-150 EVERGREEN BANGLOW GULSHAN E IQBAL 13 D/3 4220144470567 543.103.645 - 544.660 476.697 641.341 - 679.502 - 505.951 - 532.880 - 520. SECTOR G8/1.664 134 SHAHID ANWAR B/181SECTOR 11/BNORTH KARACHI.DISTRICT HYDERABAD.H.429 - 934.284 494.com.158 - 530.865 - 670.579 460.294 445.617 130 MIAN FAROOQ AMIN 314-GGPHASE 4DHA LAHORE OPP HALEEM CAMPUS LAHORE 3520137598735 599.747 - 557.827 77.276 - 970.017 1.356 18.983 25.481 10.NOORANI NAGAR QASIM ABAD.724 124 ABDUL SAMI SAGGU PAKISTAN REVENUE AUTOMATION PVT LTD HALL#506 5TH FLOOR AVACUEE TRUST ISLAMABAD COMPLEX SIR AGHA KHAN ROAD H # 291-A7TH ROADNEW MALLPURSATELLITE TOWN RAWALPINDI C-7 SEA PARK APPARTMENTBLOCK-2 CLIFTON KARACHI H NO.658 493.203 - 488.846 - 586.051 453.635 170.767 763.098 - 570. BLOCK HNORTH NAZIMABAD KARACHI 4210163939657 495. No.594 22.380 48.760 724.794 - 533.132 - 848. D-2 GREEN TOWN 3520223342983 476. ISLAMABAD.728 121 AMIR MAHMOOD H NO.731 73.745 - 574.589 114 RIZWAN AYYAZ 251/1 Z-PHASE-IIIDHA CANTT LAHROE 3520114545233 488.026 579.419 83.610 82.254 - 1.183 63.660 - - 488.E.13/B SHAHID ROADSUNNY CHOWKCANAL POINT HOUSIN 3520170220205 492.700 117 MOHAMMED ASLAM HOUSE # A .212 74.526 - 521.671 61.939 26.064 129 EHSAN ELAHI MALIK 587-G GULSHAN E RAVI 27341113035 491.380 9.032 129.181 52.301 115 S REHAN SHAH B 9 FARHAN SQUARE SECTOR 15 A/5 BUFFER ZONE NORTH KARACHI 67/C 11TH COMMERCIAL STREET PHASE II.804 137 MIRZA SHOAIB BAAIG HOUSE #D-117-A BLOCK 4 F B AREA 4210192274995 453.064 - 513.pk 171 .827 37.408 134.779 16.391 - 473. NAZIMABAD KARACHI 4200044953607 460. STREET # 64.550 - 516.181 42.183 42.13/158 MOHALLAH TIBATANCHI SIALKOT 3740517257921 873.519 - 515.591 126 SYED MEHDI RAZA 4230129168135 498.154 128 HASAN SAEED H NO 16.178 132 IMRAN MAHMOOD 99-B PCSIR HOUSING SOCIETYPARK-I LAHORE 3520264522549 453.465 43.447 - 541.100 - 777.186.621 485.064 123 MEHMOOD ILYAS KHAN H NO C-25.954 19.766 - 486.954 46. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 113 MOHD REHAN SHAIKH H NO A/116-34-203.031 - 1.538 139 BISHARAT SUBHANI H# 684 BLOCK 3 SEC.448 - 477.087 - 606. 4130621585633 1.656 821.295 17.516 - 780.243 - 566.610 23.329 499.097 - 473.754 488.846 88.465 9.916 - 446.519 77.731 21.375 - 572.059 122 AHMED NADEEM H NO 3-BST NO 72F-83ISLAMABAD 6110121177391 763.340 78.301 - 577.948 482.961 - 956.568 - 491.244 56.340 22.144 49.151 - 584. SOCIETY KARACHI 4240119359169 499. H # 158.093 22.103.545 87.697 85.058 453. D.872 454.standardchartered.763 84.483 435.380 97.802 8.A.934 467.160 - 484.794 118 MOHAMMAD AHSAN MALIK 6110119518685 724.803 33.917 22.779 - 500.683 463.188.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .369 125 SALEEM JAHANGIR 3740535560425 495.054 - 535.157 - 525.

507 158 M AKBER RIZWAN HOUSE 3/143 STREET MASOOM SHAHEED LIAQUATABAD 3 KARACHI FLAT NO 3-F.851 - 547.204 154 HASSAN ILYAS KAIFI H.505 - 769.455 82.008 501.502 86.614 - 538. BLOCK NO 2-A NAZIMABAD NO 2 4210116945327 460.875 62.350 155 NADEEM KHALIQ P 1088 BABL LAL MILL CHOWKFACTORY AREA 3310033847297 472.R.414 74.093 168 BASHIR HUSSAIN D-9 PTCL OFFICERS COLONY 27051506291 458.108 - 562.967 124.265 472.063 - 580.766 469.075 - 555.292 152.561 151.142 188.886 76.212 475.015 - 516.018 - 531.131 166 JAWAD ASGHAR HOUSE NO 404 BLOCK 15FEDERAL B AREADASTAGIR KARACHI HOUSE NO 153.364 86.444 79.071 - 564.449 - 573.KHAYABAN E SHAMSHEER PHASE 5 4200004541675 496.584 115.947 159 GHULAM HUSSAIN 4230164901779 499.784 153 RASHID IRFAN 3520064032239 482.455 47.502 73.199 - 533.212 - 656.001 151 ABDUL RASHEED 132 BLOCK H GULSHAN RAVI LAHORE 3520286454135 499.832 77.710 499.493 149 MASOOD UR REHMAN 4220118350983 493.226 - 580.726 64.055 495.284 - 591.404 77.400 476.338 - 549.397 142 ASIF MAHMOOD HOUSE # 561STREET # 5G-11/1 ISLAMABAD 6110120307037 588. AMIR KHUSRO ROAD KARACHI 3520226668589 466.718 - 528.891 41.338 77.216 162 MUHAMMAD ALI HAIDER H NO 12 ST NO 48 AMEHBOOB PARKWASSAN PURA 3520110331971 491.153 374.296 67.217 459.520 172 SCBP Annual Report 2009 .502 42.706 462.939 45.323 - 517.707 462.755 468.864 106.062 537.NO.822 - 522.335 68.396 - 572.835 - 514.800 89.288 135.700 - 536.567 151.1 Amounts in Rupees Sr.606 453.251 - 509.693 44. 4210179069871 458.534 590.832 104.653 446.127 163 A S AZAD 34 B PUNJAB CO OPERRATIVE SOCIETYDEFENCE LAHORE 3520141687055 468.800 150 MUHAMMAD AFZAL CHAK NO.824 - 644.360 - 536.850 94.998 - 532.408 160 GHULAM JANAT FLAT NO 30/2BHURGI ROAD HIRABAD HYDERABAD 4130326433380 499.276 - 697.35ST.494 460.204.564 - 569.865 119.752 156 SAMI AHMED H NO 3/21.133 152 SHAN KHAN P-166/B ST NO.603 - 500.526 - 584.889 599.995 458.140 143 ASIF ISHFAQUE AHMED SUFI PURAAHMED PURA KHAN MAHAL ROAD SIALKOT 3460384104059 381.116 147 NASIR RAUF R 88 BLOCK 16F B AREA KARACHI 4210196492509 476.820 - 562.649 491.693 77.5F-8/3 ISLAMABAD 6110168910715 436.991 - 540.2F 202 ST 74 F 11/1 3310075010961 472.283 64. 3RD FLOORMADINA MANSION .112 - 612.428 78.393 491.128 60.576 - 527.SECTOR NO F-11/1.084 161 SYED HASNAIN RAZA A-525 BLOCK-3GULSHAN E IQBAL KARACHI 4220192450641 477.350 165 M ARSHAD LODHI 9-E 7TH EAST STREETPHASE I D H A KARACHI 4230119985089 446.479 33.895 - 545.384 181.STREET # 44G-9/1 4410328480551 462.375 - 523.726 148 AMIR ALI H NO 13 ST NO 37POLICE STATIONMISRI SHAHPAK NAGARL H NO 101 BLOCK 7/8 BYJSOFF. No.757 63.505 164 MUHAMMAD NAEEM UD DIN HOUSE # 634.816 72.899 195.778 141.STREET NO 7.283 74.296 48.952 472.250 144 FAISAL MUJEEB HOUSE NO B-136BLOCK ANORTH NAZIMABAD KARACHI 4210118347913 460.301 - 604.444 67.695 501.980 - 578.264 - 519.649 - 628.904 73.428 56.228 157 ABDUL QAYYUM HOUSE NO 2 HAJI PARK REHMAN PURA LAHORE 3520292659405 501.591 - 556.595 - 634.015 167 AMIR WAJID 4220120944983 469.080 145 ABDUL LATIF H NO 3/C.335 80.338 66.813 146 MALIK IMTIAZ D-47 BLOCK-2CLIFTON KARACHI 4230136535845 489. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 141 IRFAN JAMIL 206-C.367 109.482 - 504.3 SARFRAZ COLONYPEOPLES COLONY NO.503 499.446 - 549.905 487.865 140.486 - 547.434 - 569. MOOSA STREE 4210117831051 588.748 - 543.357 - 494.048 - 794.CLIFTON GARDEN IIBLOCK 3 CLIFTON KARACHI 4230148407941 561.NO.142 - 543.091 460.414 77.BDAKHANA KHAS FAISALABAD 3310036220723 453.636 104.817 436.488 448.331 - 543.519 - 614.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .282 - 598.493 - 500.878 - 577.757 74.813 - 653.502 50.213 64.763 47.363 - 601.

965 16.912 - 579.335 - 591.103 82.158 59.713 - 530.943 184 SAMREEN EHTESHAM 57/11MAIN COMMERCIAL AVENUEPHASE IV DHA KARACHI 4230135146936 496.164 - 589.804 91.590 - 606.634 78.015 - 560.standardchartered.902 10.219 - 566.020 80.035 - 540.159 188 ADAMJEE 51291190433 551.389 182 MUHAMMAD IQBAL HOUSE # 60ASTREET # 4FAISAL COLONYCHAKLALA RAWALPINDI 6110171506445 498.194 78.834 87.820 - 590.057 - 510.001.026 1.655 - 511. BLOCK K-6GULSHAN E IQBAL 4220118609231 479.271 - 579.SECTOR Z-6GULSHAN E MAYMAR 4250161300331 498.1 H NO.052 21.892 67.777 499.901 499.3 GULSHAN E HAYATSHAHDARA MOR 3520278381724 482.149 496.505 105.729 - 578.561 - 533.452 - 492.232 89.535 - 555.508 501.552 - 574. 169 M SALEEM Name Address Name of Partners / Directors NIC / CNIC 4220107212485 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 899.781 6.587 173 RAFIQ AHMAD 14/C CRECENT PLAZABLOCK 7F.984 131.749 1.AREA ISLAMABAD 6110118867897 501.720 79.354 - 577. 1ST CENTRAL LANEPHASE II.999 - 510.473 12.491 187 M OMER MALIK 31/2 KHAYABAN-EMOHAFIZPHASE 05 DHA KARACHI 538/11 BAGGOSRA CENTER JAHANGIR ROAD 4230122675061 412.876 - 509.548 - - 131.874 - 546.574 - 495.610 - 650.504 - 1.015 195 MUHAMMAD ARIF QURESHI B/108 SARAH AVENUE 1GULZAR E HIJRI 4130340002735 131.272 77.529 - 656.610 553.257 176 MUHAMMAD SAEED 3520158871681 496.164 102.123 439.801 65.685 500.601 498.720 11.269 192 PARVEZ 1274/15BLOCK-15F.768 - 516.818 - 498.964 A 11 ROOFI COTTAGESBLK 13-D1GULSHAN E IQBAL KARACHI 170 FAWAD ASGHAR SHAH 6B 6TH CENTRAL LANEPHASEIIDHA KARACHI 4230181066403 563.040 95. DHA 4220175241837 475.430 163.894 - 506.211 78.H-216 M.238 87.746 185 MUHAMMAD KAMRAN SADDIQUE H NO 202 A /7KAREEM BLOCK MKTALLAMA IQBAL TOWN 3520290723933 470.874 - 1.483 189 MOHD NASIRUDDIN NW-734BLOCK-D1ST FLOORSATELLITE TOWN RAWALPINDI B 167 BLOCK 18 GULSHAN -EIQBAL KARACHI 3740506608645 517.514 78.448 480.788 194 NASREEN 4220156974944 498.003 196 RUKSANA SULMAN STR NO.733 499.347 10.894 - 629.984 - 351.211 10.B AREA KARACHI 50149684392 456. No. AKHRI WAGON STOPGULSHAN PARK NISHAT COL H E 19/12 A 2 ALI STFIRDOUS PARK CANTT LAHORE 3310004828139 500.352 92.848 175 CH KHAWAR BASHIR CHAK NO 248 R.710 39.375 www.579 - 588.935 - 554.695 565.701 414.902 79.687 - 576.194 11.938 101.634 44.com.958 47.887 33.pk 173 .793 179 RAHAT HUSSAIN R-238.286 479.548 471.870 465.041 - 578.413 - 479.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .731 104.351 193 S ASAD ALI FLAT-D-7 1ST FLOOR NOOR APPARTMENT BLOCK-K NORTH NAZIMABAD KARACHI.896 - 506.255 171 S SAJJAD G 12 AHMAD RESIDENCY GULISTAN E JOHAR BLOCK 14 50264550567 439.437 51.804 12.354 75.818 - 496.B.248 - 551.035 191 ASIF IQBAL SAIGOL PLOT NO 85-C FLAT NO 1PHASE 7 DHA KARACHI 4230159683455 520.352 59.437 89.509 186 M SHAHBAZ SHARIF 32-C GULBERGCOLONYFAISALABAD 3310025188611 487.266 563.687 Principal 899.073 - 578.1 Amounts in Rupees Sr.673 181 RAZI NAYYER H NO 25-B/2.L PARK VIEW SOLDIER BAZAR KARACHI 4200004205945 563.765 438.806 - 518.938 Amount Written off / Concession Interest/ Mark up Others Total Balance 141.189 - 558.968 180 WAQAR INAM H NO B-311.679 83.764 434.726 90.710 73.028 - 626.067.713 220.575 12.848 - 602.469 - 576.353 421.797 - 511.834 12.898 183 ZILL UR RAHMAN KHAN A/19 GALLANT SAMMITBLOCK 11GULSHAN E IQBAL KARACHI 3520259883323 499.615 71.217 846.713 276.754 9.931 177 M ALI SHEIKH 3520112984867 499.209 496.040.087 498.579 190 IRFAN DAUD 4220141853923 499.165 489.196 - 517.B NAIADADYBISMILLAHPUR FAISALABAD H NO E-21.887 496.015 - 507.238 63.068 82.307 11.467 522.128 496.303 - 562.251 - 642.839 - 567.367 - 553.014 172 SHAHAB UDDIN HOUSE-269 ST-22 E-7 6110167437473 846.868 178 IRTAZA MALIK AWAN H NO 314ST NO 14CHAKLALA SCHEME III RAWALPINDI 3740503494819 499. FLAT NO K/606RUFI LAKE DRIVE 7TH FLOORBLOCK 18 GUL 4210117009367 344.123.905 174 AMEER ALI SHROFF FLAT NO.304 - 513.627 497.

AMBER HEIGHTS LAL MUHAMMAD CH.367 123. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amounts in Rupees Amount Written off / Concession Interest/ Mark up Others Total Balance 197 TARIQ MAQSOOD NAJAM H NO 1471 ST NO 19MAKKAH COLONY GULBERG III 3520259776019 479.185 10.319 169.716 - - 454.653 500.122 - 509.234 212 MUHAMMAD YOUSAF PLAT NO A-59 FLAT 103 C-P BEARAR SOCIETY KHUDIJI PALACE A-31.612 220 IRFAN MANZOOR 127 VDHA LAHORE 3520196842223 483. 11 ST NO. SHOP NO.479 - 535. ST NO.175 91. GULBERG 3520228060823 454.463 174 SCBP Annual Report 2009 .655 - 543.520 75.744 198 NADEEM YOUSUF H # A-1.239 - 748.690 89.966 205 M.205 217 IRSHAD MEMOOD 3110485425815 454.264 94.489 462.AREA KARACHI 4210116699069 716.305 9.294 213 MALIK BABAR ALI KHAN 4220134290665 445.778 460.NOOR SOCIETY BLOCK-19 FEDERAL B AREA NEA 3520238759277 378.378 97.163 208 HILAL A SIDDIQUI B 332BLOCK 14GULISTAN-EJOHAR KARACHI 4220107416591 464.470 14.708 589.566 559.636 - 609.571 224 MEHFOOZ AHMAD H # 1CHITTAN ROADJHELUM 3730188372517 365.201 102.137 - 398.952 - 417.290 202 JUNAID ULLAH SIDDIQUI H NO 539.P-12.929 10.739 65.065 - 506.437 207 SHOUKAT HAYAT SAIMA HEAVEN A 203BLOCK 4 GULSHAN E IQBAL KARACHI 51853586925 469.040 16.451 78.192 14.086 8.416 - 639.815 85.260 - - 481.13 MUHALLAH GUJJAR PURABAGHBANPURA 3520172637641 452.416 - 643.522 10.684 483.840 9.508 82.410 - - 479.644 - 428.194 531.668 97.310 482.260 152.618 - 461. ST#48 AL.855 215 MOHAMMAD YOUNUS H NO.704 9.250 498.BLOCK-3.716 454.319 28. 16 NEAR GAS FACTORY SWAMI NAGAR 45 3520225160063 370.260 466.003 209 AHMED U SHABBIR 322-A CANAL VIEW HOUSING SOCIETYTHOKAR NIAZ BAIGLA 3520229695145 482.772 84. No.000 201 M FAISAL MUNIR S W 105 R 23RAI LIGON ROAD NEARVETERNARY COLLEGELA 3520219467515 488. NEW ANARKALI.662 89.167 - 498.591 - 548.574 153.021 93.730 441.025 10.203 219 MOIZ AHMED III/A/12/4NAZIMABAD KARACHI 4210182839931 499.083 - 579.751 451.MAQDDAS SH FAYAZ ROAD. ROAD BLK 7/8.644 461.427 214 AZMAT ALI 179-F RAJA CENTER MAIN MARKET.587 83.264 454.870 - 488.172 - 590.339 216 IRFAN HAIDER SHAHBAZ HAIDER DYNEM HOUSE. H NO 324 ST NO 49 G-10/3 4200078811897 420.410 499.198 218 M ASKARI HOUSE C-227BLOCK-6F.306 210 IJAZ AHMAD H NO.902 642.785 - 493.429 - 748.522 - 579.909 - 576.347 223 MUHAMMAD HAFEEZ H NO. GULSHAN-EIQBAL 4220164226179 481.021 221 BILAL AHMED H NO 9 KOHINOOR MILLSPESHAWAR ROAD RAWALPINDI H NO 13 A AHSEN COLONYSURAJ MIANI ROAD 6110122254657 488.757 77.582 222 ADNAN REHMAN KHAN 3610379404895 479. KARACHI.446 - 584.294 203 SHAHZAD GHANI SH H # 92/ESATELLITE TOWNE BLOCK RAWALPINDI 3740575937847 438.465 11.676 485.367 - 449.984 83.83 ST NO.381 - 633.653 - - 488.040 147.658 445.855 - 539.771 - 582.634 12.REHMAN D-71 BLOCK 4GULSHAN-EEIQBAL KARACHI 4220104140081 513.826 - 517.574 38.027 10.473 - 478.456 370. 34.283 - 532.387 - 592.449 206 MOHD NAVEED JAHANIA 392 BLOCK Y DHA 26561051931 302.637 - 524.710 - 730.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .1 Amounts in Rupees Sr.870 550.264 - - 479.151 - - 479.034 - 618. SECTOR 36/CKORANGI NO 05 4220180441393 479.043 29.895 461.HASEEB-UR.020 - 539.346 199 SYED SALEEM SHAH 4310201739073 496.973 83.544 - 679.B.751 - - 365.809 52.526 378.050 638.716 102.946 - 556.020 95.633 - 493.832 454.151 498.241 - 308.238 - 600.264 - - 454.417 486.844 - 492.310 - - 452.417 - - 484.631 - 532.774 105. 4ISLAM PURA DHOBIGHATFAISALABAD 3310040414731 484.461 211 KHURRUM JAWAID H # 6KHAYABAN-E-IQBALF8/3ISLAMABAD 6110170144521 586.629 6.261 200 ARSHAD ALI H-2 BLOCK-7SEC F-7/2ISB RANA MARKETISLAMABAD 6110190354531 626.482 - 557.703 - 584.734 204 M ABDUL GHAFFAR FLAT NO C-52SUNNY HEIGHTS BLOCK 20RASHID MINHAS RO 4220104364013 478.781 - 657.264 494.761 109.497 - 536.282 - 528.

295 241 SHAHID NAEEM IQBAL H# 186 ST# 78 G-11/2 6110114647703 663.035 816.378 230 NASEER AHMED B 401 BEACH BLESSINGBLOCK 2 CLIFTON KARACHI 4200005677151 599.403 100.188 601.436 - 562.791 - 857.363 130.587 - 499.2JOY SHAH ROAD SANDA KALAN LAHORE 3530219438965 441.750 501.HUMA HIGHTS DEPOR SOLDIER BAZZAR 61/2 LANE 24 PHASE 7DEFENCE HOUSING SOCIETY KARACHI 3660388909719 449.755 123.388 - 1.790 83.360 232 HUSSAIN EHTSHAM 79-B AIR AVENUEHOUSING SCHEME DEFENCE ROAD LAHORE H NO.267 249 ARSHAD SOHAIL HOUSE NO AA1392/BSTREET NO 15GHULSHAN ABAD RAWALPIN 3740554605189 589.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .118 498.515 - 563.014 251 FAISAL SALEEM SYED 3-UPPER JANAK NAGAR MULTAN ROAD 3520204757919 489.540 434.195 32.669 - 584.831 499.495 - 588. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 225 FARRUKH MUSTAFA HOUSE NO 1950 C/1 STREET NO 7 INDUS ROAD NO 2 TARIQ ABAD 21072069954 434.502 9.358 89.891 94.899 - 700.149 237 MUHAMMAD IQBAL FLAT NO B-2 PLOT NO 10CSTREET NO-36 TAUHEED COMME A 389 BLOCK CSHAHRAH E FATEH \NORTH NAZIMABAD KARACHI H # 76MARGALA ROADST # 17F6/2ISLAMABAD 4230197222743 482.861 - 501.814 89.476 - 447.831 99.020 111. PLOT # 133.663 671. JUMANI ARCADE BLOCK 14 GULSHAN-EIQBAL 20 ST 42 TAGORE PARK89 MECLEOD ROAD LAHORE 4220154068835 766.221 - 612.438 www.998 81.029 108.426 - - 557.NO.831 - - 324.065 - 596.582 - 621.309 55.840 9.381 - - 441.108 437.218 12.pk 175 .100 - 592.B AREA 4210110836657 488.076 - 494.025 - 656.699 - 812.510 - 777.609 93.916 - 516.383 242 SYED MUHAMMAD ASLAM C-7.142 - - 488.409 - - 469.242 - 484.141 89.901 250 SYED MUHAMMAD IRFAN 458 BLOCK 7/8CP BERAR SOCIETY KARACHI 4220103786233 454. BLOCK 20F.924 449.922 - 696.985 - 571.967 12.118 - - 496.1-S/33 ST NO.standardchartered.426 701.359 - 491.595 228 KAMRAN AIJAZ 4200004974953 557.368 252 QASIM ALI SHAH B-52 BLOCK 13F.855 236 MUKHTAR HUSSAIN H NO B-3.533 235 EJAZ AHMED 3520217127629 324.887 - 590.B AREA KARACHI 4200068438713 484.198 - 611.286 - 871.861 499.326 14.914 226 MH ZEESHAN WARRAICH H NO 25-E ASKARIAPPARTMENTSBRIDGE COLONY CANTT LAHORE FLAT # 401-4TH FLOOR.1 Amounts in Rupees Sr.412 - 508.223 599.283 229 AQRAR AHMAD RANA H NO 7ST NO 7NABI PURAMUGHAL PURA LAHORE 3520157061919 599.190 239 MAHBOOB ALAM 6110195680703 830.295 97.696 - 534.055 17.584 110.813 231 UZMA KHALID KHAN 72-J GULBERG-III LAHORE 3520222310254 491.689 8.142 499.803 - 889.762 95.7 TULSA ROAD 3740503111911 594.634 494.578 12.080 243 NISAR AHMAD 3520284752663 438.392 - 587.762 9.374 - 581.340 238 GHULAM JILANI KHAN 4210168926005 685.409 462.676 - 590. No.302 245 RIZWAN UL HAQ 3520182512503 497.155 234 TAHIR USMAN B-209.408 - 693.432 583.401 227 MUHAMMAD RAFIQ 4220119158871 840.331 88.791 - 589.381 493.591 240 SALEEM AZIZ H.000 246 ABDUL WAHAB PLOT NO 76/2HOUSE NO 6TAJ TERRACE OVERSEAS SOCIETY 4220103119279 476.074.435 - 582.836 - 795.511 26.001 919.52/A LANE NO.750 - - 489.881 - 689.930 499.099 - 699.558 10.200 462.453 90.068 23.705 233 MUHAMMAD INTAZAR 3520230068431 489.331 82.432 - - 663.BLOCK 6 GULSHAN E IQBALNEAR DISCO BAKERY KARACHI 87-SALEEM BLOCKITTEFAQ TOWNMULTAN ROAD LAHORE 4220167208773 496.360 89.277 501.427 489.219 248 AQEEL AHMED HOUSE NO 42/1STREET NO 9SECTOR IIAIRPORT HOUSING S 3740536231119 469.958 29.341 - 591.868 - 531.com.283 9.887 107.767 - 705.839 - 612.632 8.831 154.171 639. 3RD FLOOR.611 116.607 479.661 10.305 247 AFTAB HUSSAIN A 143 BLOCK 'L' NORTH NAZIMABAD 50288025124 919.851 - 443.244 16.776 588.705 84.907 578.725 - 938.005 - 596.425 704.276 18.477 244 SYED ALI QAMBER H # B 122NEAR FIRE BRIGADESATELLITE TOWN RAWALPINDI 150 1 ST NO 1NEW SUPER TOWNCANTT 3740596691353 584.860 58.069 10.277 - - 497.827 - 835.933 92.162 - 458.093 585.

168 681.501 276 MUNAWAR ALI 4220144010277 530.668 643.852 266 MUHAMMAD AMIN 4220186445997 643.501 - - 530.497 275 TASNEEM FARHAT SPS EECURITY GARDE SECURITY HOUS E 18-F BLOCK 6 P E C H S OPP UNI ON BANK FLAT NO 101 SAIMA CASTLE PLOT 162-D BLOCK 3 P.809 273 SAEED ASLAM 3520102841631 932.054 563.506/507 UNI CENTRE I.092 - - 564.882 - - 530. SABA COMMERCIAL AREA PHASE V.520 - - 549.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .I.084 - 691.168 - - 621.432 - - 578.092 615. CENTRAL TELEPHONE EXCHANGE HAIER PAKISTAN PVT LTD 60.070 529.284 - - 569.668 - - 628.497 - - 539.508 - - 559. ST NO 18-A MEHMOODABAD NO 05 4230111144215 525.520 565.432 592.685 - - 567.272 - - 525.886 - - 558. 302 3RD FLR.203 - - 565.318 - - 529.854 665.752 539. MAJID TYRES SHOP NO 6 NEAR NAULA KHA POLICE STATION 4210126268117 516.930 128.696 277 M SALEEM MALIK 3-S TRADERS 42-MAIN TEMPLE ROAD PUNJAB SHADI HALL 3520223232707 533.840 - - 615.569 935.639 - - 572.S 4220105740284 534.057 555.135 626.029 261 SH USMAN SHAHZAD 3740503225175 587.284 569.808 - - 529.A 4200004541675 530.855 - - 1.639 278 CH M RAZA IQBAL 24-RASOLL PARK SHAMA ROAD 3520014708801 564.E.284 270 SH BABAR AMEER 4 MAIN HALL ROAD 3520116144771 555.685 262 AKHTAR H JAFRI 4230174654361 578.318 258 WAQAS KHALID WAQAS GARMENTS SITYANA ROAD NEAR SERVIS SHOES 3310628242439 519.884 255 AMIR ALI ALYNTO APPAREL 452 SUNNY PLAZA 4-FLOOR HASRAT MOHANI ROAD KARACHI SUIT NO.237 - - 587.715 11.798 - - 513.237 567.C. HOSUE # 16-D PECHS BLOCK 6 NURSERY MARKET NEAR GUDDO TOYE SHOP U-A-INTERNATIONAL.807 - 591.508 272 JAWAD KHURRAM RIZVI 6110143825881 628.805 265 MUHAMMAD HANIF SUIT NO.272 256 MUHAMMAD HANIF 50174030533 513. H NO 23-B TARIQ BLOCK NEW GARDEN TOWN 4210188603383 563.054 - - 525.358 274 KAMRAN SADIQ SHOP # B-IV-640/2.284 - - 569.696 - - 569. 4210114970867 621.593 579.744 572.894.501 - - 547.784 - - 626.522 579. GULBERG 3520114669594 549.894.744 - - 533. 1ST FLOOR LANE NO 1.942.839 - - 535.H.839 558.029 - - 559.H.739 - - 1. AL ASAR CENTER BLK 13-B MAIN UNIVERSITY RD KARACHI.346 - - 543.784 269 FAKHAR AYUB QURESHI 72-NARGIS BLOCK ALLAMA IQBAL TOWN 3520227239409 569.882 559.798 529.840 279 MUHAMMAD ISMAIL H NO 1018.358 - - 935. ST NO 14 ASKARI VILLAGE.135 - - 618. ALAZAM APPT.501 569.070 - - 521. NEAR HASAN SQUARE. D.569 - - 932.855 268 M AAMIR SHAH 3520234118931 618.885 - 721.665 - - 563.H.203 176 SCBP Annual Report 2009 .1 Amounts in Rupees Sr. No.854 - - 643. FIRST FLOOR WALLAYAT PLAZA MURREE ROA D CHIESI PAKISTAN 57-A BLOCK G GUL BERG III LAHORE PAKISTAN 3630277749691 546.051 - - 519.713 267 ANJUM SHAHZAD 4220107966489 1.802 559.057 - - 555.MUSLIM TOWN CHIRAH ROAD 3740566736127 524.191 11. 302 3RD FLR.886 260 ABDUL LATIF BUILDING NO 4-C.284 670.455 - 509.808 257 WAJID ALI SHAH 3520281857883 521.896 525.284 - - 612. AL ASAR CENTER BLK 13-B MAIN UNIVERSITY RD KARACHI.739 1.815 254 TALIB HUSSAIN HOUSE NO P/988 D/1 MUHALA ANGAT PURA SAIDPUR ROAD 21288068673 579.809 - - 643.A USMAN TRADERS SHOP # 83 MAKKAH C LOTH MARKET RAJA BAZAR PIR KOT HOUSE 21/2 KH-HAFIZ PHASE-5 D.805 - - 681.058 - - 555.894 547.852 - - 579.058 271 MUHAMMAD SIDDIQUE MULTAN COTTON COMPANY ROOM #11 1ST FLOOR TRUST PLAZA OPP.593 - - 563.942. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Amount Written off / Concession Interest/ Mark up Others Total Balance Principal 253 MUHAMMAD MANSHA HOUSE NO 262STREET NO 79SEC G-11/2ISLAMABAD 6110197750659 498.984 264 SHAHID AHMED SHAHID AHMED B/40.051 543.752 - - 524.802 - - 546.CHUNDRIGAR RD KARACHI-2417257.896 - - 516.001 263 ABDUL WAHEED SUB LIME ADVERTISER 12DURRANI M ANSION ROYAL PARK 3520254339591 612.665 280 MARYAM SAEED H NO 50.984 - - 670.713 - - 665.800 112.894 - - 534.646 592.001 - - 592.346 259 ARIF SEAR PROGRESSIVE KNITWEARS PVT LTD 23 K M FEROZEPUR ROAD 3520223175027 535.

390 585.396 303 MUHAMMAD ALI CHEEMA OFFICE # 3 BLOCK # 11 SHAH NAWAZ PALAZA G-11 MARKAZ 6110178294043 406.860 - - 561.217 - - 598.AL-MADINA ARCADE BLOCK 5.133 710.266 - - 585.T.877 - - 406. NASEERABAD F B AREA 4210122604001 545.648 - - 667. STREET NO.452 304 S M HANIF SHAH PINK PHOTOSTATE SHOP SHOP NO1 P ARIYA STATE KHARADAR NOORANI ME NTION OPP STAR MEDICAL STORE HOUSE # 53/III.605 294 ABDUL MOHSIN NAEEM 3830211985539 576.228 - - 706.053 - - 608.908 - - 550.266 706.809 - - 581.411 608. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Amount Written off / Concession Interest/ Mark up Others Total Balance Principal 281 ATIF UDDIN HOUSE NO R/225 BLOCK 14. FAZLIA COL ONY.745 540.094 282 TAUQEER UR REHMAN MAPCO E-453 MAIN BOULEVARD DEFEN CE NEAR ADIL HOSPITAL LAHORE CANTT H#15 ST#4 REHMAN STR.778 296 KASHIF QUDDUS AL-KAREEM ASSOCIATES AND BUILD O FFICE # 1 2ND FLOOR.881 - - 538.180 517.001 291 HABIB UR REHMAN 6110178903659 515. 33RD STREET PHASE V EXT DHA 4230114495803 469.145 671.578 - - 476.180 - - 515.628 - - 517.745 - - 480.335 541.335 - - 469.140.094 - - 630.866 285 RAJA WASIM AKRAM 3740550083767 598.136 630.056 701.10.053 www.594 - - 671.818 298 KHAWAR MAQSOOD LUCKY PLASTIC HOUSE 11-E SHAHALA M MARKET NEAR ALFAROOQ HOTEL LAHORE MASTERS COVERING 4/1.492 - - 502.775 557.1 Amounts in Rupees Sr.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .473 306 ABDUL QAYUM H.881 284 NOORUDDIN SAMJI 4200025758615 533.FLAT#203 2ND FLOOR.870 - - 569.860 288 MUDDASAR AHMED 4230172860765 519.362 1.615 606.174 - - 775.780 - - 558.136 - - 545. REHMAN COLONY MEHMOODABAD BUNGLOW NO A-11 RUFI COTTAGE.2 HAJI PARK REHMAN PURA 3520292659405 667. No.407 685.289 640. 13D-1 GULSHAN -EIQBAL.529 - - 685.085 - - 529.228 300 ABDUL RAHIM MACQUINS INTERNATIONAL F2/H.809 302 M MASOOD KHAN 33-F MAIN MARKET GULBERG 2 3520225427345 569.362 - - 899.593 - - 701. 20554422509 899.529 295 RIFAT HAYE 60-A AHMED BLOCK NEW GARDEN TOWN LAHORE 3520270515538 692.145 - - 617.L INDUSTRIAL COMPLEX NEAR UN ILEVER PAKISTAN S.056 - - 557.standardchartered.778 - - 710.E H NO 8/B (BEHIND HOUSE # 8) NISAR ROAD WESTRIDGE II 4230193070351 443. ONION & POTATO SECTON NEW SABZI MANDI SUPER HIGHWAY WANHAR BUSINESS & ENGINEERING 1S T FLOOR 314 ST NO 14 CHAKLALA SCHEME 3 MUDDASAR AHMED HOUSE NO.022 301 MIR SAJID NAWAZ 6110145215027 550.857 289 MOHD SALEEM 4220107212485 480. KARACHI PLOT#B-C 20.908 581. FEROZ PURA ROAD.594 283 FAISAL NASEEB 3520221903473 504. NISHTAR RD. T.407 - - 576.589 594.B8. 3520228734597 638.492 546.056 308 PRINCE SALIM KHAN H NO 82 F-6-2 MARGALLAH ROAD 7150273727585 511.230 - - 541.624 297 QASIM ALI SHAH 4200068438713 579.452 - - 517.056 - - 638.473 - - 551.070 - - 525.599 286 SAEED ABBAS SHOP NO 10.599 - - 656.624 - - 640.5 KM JARANWALA ROAD KHURRIAN WALA 3310010173311 528.870 674.818 - - 606.775 - - 485.718 - - 528.289 - - 591.202 - - 540.I.C.KEHKASHAN CLIFTON HOUSE NO 1071 ST NO 23 G-11/1 4230134734481 525.217 656. NLM BUTT SAHIB CHANAY WALAY AL RAHEEM TECH SHOP NO 11 GHOUS IA MARKET BLOCKC NORTH NAZIMAB AD H NO Y 477 ST NO 12 DHOKE RATTA IMAM BARA 3520113952721 617.394 - - 1.578 551.396 - - 674.202 290 IFTIKHAR AHMED 4130423044097 485.605 - - 546.001 - - 557.070 529.857 - - 585.411 - - 511.877 517.BLOCK 32 GAL AXY ARCADE G-11 MARKAZ B-52 BLOCK 13 F B AREA 6110101157841 591.174 307 SHAHZAD SIDDIQUE CH 4.140.628 292 HAFIZ ABDUL GHANI HAFIZ ABDUL GHANI NEW PROPERTY MAHAL CHAUDHRY YAQOOB PLAZA CHAK NO 248/R B NAYE ABADI BISMILLAH PUR POST OFFICE KHAS 292 K-3 WAPDA TOWN OPPOSITE VALENCIA TOWN GATE. P.589 - - 533.390 - - 519.081 538.718 557.239 524.615 - - 579.081 - - 504.866 - - 594.593 299 SALMAN MALIK 3520259043407 585.022 - - 524.239 - - 443.pk 177 .230 305 ALI AHMED 4230149487503 476.394 293 CH KHAWAR BASHIR 3310004828139 502.648 775.780 561.com.133 - - 692. BLOCK D-4.085 287 IRTAZA MALIK AWAN 3740503494819 558.

858 578.824 1.585 - - 644. ICHRA AL QAIM INTERNATIONAL MANAGMEN 1 4-S 2ND FLOOR SAMAN ARCADE FIRDO US MARKET GULBERG 111 4230160858655 474.189 582.569 323 RAHAT HUSSAIN R-238 Z-6.PHASE VII DHA.909 - - 509.461 - - 1.343.617 - - 611.162 - - 662.A.504 561.011 335 MUZAMMAL HUSSAIN 3520224974169 445.095 320 ASIF SAIGOL FLAT NO.147.294 333 MUHAMMAD ASLAM 4230186130237 423.059 IRFAN DAUD E-8/1 BLOCK-17 GULSHAN E IQBAL 550.269 563.B AREA 4210115559857 509.821 327 M SOHAIL H NO 558 GG DHA PHASE 4 CANTT 3520119181823 497.037 1.279 - - 533.962 - - 627.001 331 M.001 - - 582.909 599.739 - - 466.C.882 - - 497.H.932 - - 548.HAMID CHOHAN 4230111060831 489. 309 Name Address Name of Partners / Directors NIC / CNIC 4220141853923 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 503.428 - - 572.380 324 M M NASIR JAMAL H # A-55 SEC-14-B SHADMAN TOWN NO 2 NORTH KARACHI 4210117280481 663.897 326 SH ZAHOOR AHMAD 3520276871283 474.076 - - 616.076 662. SECTOR W-4 GULSHAN E MAYMAR 4210116378903 551.338 511.095 - - 507.549 - - 617.343.108 - - 474.669 786.052 314 JAHANZAIB MINHAJ C-35.415 330 GHULAM ALI 4240120056247 466.325 - - 446. No.576 572.037 - - 1.569 - - 620.461 316 IMRAN MAHMOOD 3520264522549 665.739 574.380 - - 599.238 556.108 618.858 - - 438.415 - - 618.634 549.574 329 ASIF YUNUS PLOT # 885 HOUSE # 178/B STREET # 15A MEHMOODABAD # 4 KARACHI SAFI ELECTRONICS SHOP # 5 JACKS ON CENTER.147.1.897 - - 565.238 - - 509.189 - - 466.623 319 ASGHAR ALI ARAIN 4220105504383 446.572 311 ASIF FREED H NO D-24 BLOCK 6 F.185 317 M ASLAM KUSHTIWALA ASLAM TRADERS SAWOD CHAMBER SAWAMI ST HASSAN ALI AFANDI ROAD 3RD FLR KARACHI H-1 GROUND FLR GALLANT SUMMIT GULSHAN-E-IQBAL BLK11 NEAR NIPA KARACHI HOUSE NO 105-H BLOCK 2 P.572 - - 511.KARACHI H # 9-A ST # 7-A SHAH STR.185 - - 576. ISLAMPURA 4230159683455 438.85/C KHAYABAN-E-JAMI.576 - - 445.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .680 - - 551.933 Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 550.325 594.998 - - 578.999 325 RAHMAN KHAN RAHMAN TRADER H-1 GALLANT SUMMIT BLOCK 11 NEAR NIPA GULSHAN E IQ BAL 16 BASTAMI ROAD SAMANABAD 3520259883323 498.961 - - 561.162 313 MUSSAWIR HUSSAIN HOUSE# 111 R DHA LAHORE 3520193715779 566.634 - - 474.747 - - 563.PLOT NO.568 - - 579.617 652.417 617.386.353 553.999 - - 786.325 507.007 - - 498.386.669 - - 663.585 792.994 - - 556.824 - - 553.882 579.E.623 - - 792.353 - - 569.821 - - 549.417 - - 489.998 321 NADEEM ABBAS BUTT 3520224845061 569.338 - - 563.961 334 SHAHID MUKHTAR 3740520053375 51. JACKSON MARKET KEMARI FERO INDUSTRIES PROP.340 - - 574.994 312 SYED PERVEZ ALAM 94/1 6TH STREET PHASE-VI 4230188826027 616. IQBAL ANWAR STREET HAMEED ALI PARK PIR GHAZI RD.# 7 . LAHORE 3520115224759 611.428 336 MADAH HUSSAIN 3520014212895 466.1 Amounts in Rupees Sr.B AREA SAWOOD CHAMBER SAWAMI NARAIN STREET HASSAN ALI AFANDI ROAD KARACHI EFU LIFE ASSURANCE 20-B NORTH STAR PLAZA REHMANABAD RAWALPINDI HOUSE#9/1. MOHAMMAD HAMID CHOHAN 5A/2/2-2ND A GIZRI STREET PHASE-IV DHA KARACHI U FONE (FRANCHISE) A-9.680 627.933 503.449 - - 665. F.S 4230186130237 424.AL NAFEESA MARKET ABDUL HAROON ROAD SADDAR KARACHI 620-D CANAL VIEW HOUSING SOCIETY 4230109811359 1. GHAZI CO MMUNICATION ABBAS SQUARE BLK.269 - - 424.549 332 SYED SHAUKAT RAZA 4210105948363 548.824 322 M SHAHBAZ SHARIF GENERAL TRADING COMPANY AL FAISA L MARKET FACTORY AREA 3310025188611 533.449 576.279 620.H.294 - - 603.824 - - 51.011 - - 1. PHASE-5 D.932 603.568 328 YAWAR RASHID BHATTI 298-A.059 310 MIAN EJAZ AHMED 20 ITTEFAQ VILLAS. ABDALI RD.325 - - 566.052 - - 594.504 - - 423.747 318 RAHMAN KHAN 644.340 178 SCBP Annual Report 2009 .962 315 ABDUL SALAM USMAN GHANI ELECTORNICS SHOP# 21. GULSHAN E MAYMAR 4250161300331 509. Q BLOCK EXT MODEL TOWN 3520294159357 563.574 - - 652.007 565.

677 577.286 542.965 - - 758.188 693.444 - - 559.714 580.189 - - 142.495 364 HUSSAIN SABRI 6110147510481 422.990 - - 580.462 359 M YAQOOB RAJA HOUSE NO D-80 BLOCK 4 GULSHAN-E-IQBAL 4220173762881 464.634 - - 512.pk 179 .558 361 SYED SOHAIL SHAH 3740561114411 - - - - 758.638 358 DR. 14-C 21ST COMM.WESTRIDGE 1 NR.259 404.506 - - 542.034 - - 376.583 - - 636.649 633.300 355 SYED RAHEEL IMAM CHENAB DISTRIBUTORS CHENAB DISTB UTER GHAREEB PURA. AJMAL CENTRE BATALA COLONY THE URBAN INSTITUTE DTW PROJECT H# 7 A & B STREET# 45 F 8/1 ASLAM TRADERS MOBILE CARE 71 GRO UND FLOOR TRUST PLAZA CASH DEPARTMENTAL STORE SUPER MA RKET SECTOR F-6 4230190068753 201.220 Amount Written off / Concession Interest/ Mark up Others Total Balance 613.ST. BILAL AHMED 3310007834485 488.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .777 - - 488.520 643.826 - - 326.898 - - 584.561 - - 528.762 636.835 - - 679.395 515.371 637.638 - - 640.714 - - 484.ANJUM ROAD RAHMAN & RAHMAN.738 - - 422.635 - - 600.184 640.L-17.963 - - 462.300 - - 633.677 - - 204.930 349 M NADEEM ASLAM 3520268734655 336.462 - - 585.501 343 ASIM NAZIR MALIK 3520259108501 508.948 - - 643. No.017 - - 577.762 - - 113.WESTRIDGE POST OFF.418 - - 693.087 - - 589.671 600.649 - - 243.561 363 AFTAB HUSAIN SAMIA MOTORS ST 5 RAHIMABAD BLK 14 F B AREA NEAR AZIZABAD T E KARACHI CASH DEPT STORE SUPPER MARKET ISLAMABAD 821616 4210116872113 386.948 353 SYED IQBAL ZAIDI 4230160027993 429.265 - - 508.JINAH ROAD CITY MARKET HOUSE NO 9/1 IQBAL ANWAR STREET HAMEED ALI PARK PEER GHAZI ROAD ICHRA LAHORE AL TAMEER ESTATES 108-S.259 Principal 613. PHASE # 5 4230105105790 498. ZAHEER BAWEJA HOUSE NO 21.502 673.ST4A.024 356 A U R SHAIK 4220184078919 476.standardchartered.034 528.265 613.495 - - 515.558 - - 637.826 584.864 - - 201.583 339 MUZAMMAL HUSSAIN 3520224974169 326.815 347 HUSSAIN SABRI 10162290610 580.777 585.444 350 TAHIR USMAN 4220167208773 484.453 - - 613.075 360 SHABBIR AHMAD MUKHTAR TOWN ALI TOWN HAKEEM ABDUL QAYUM WALI GALI PURANNA SHUJAH ABAD ROAD HOUSE#547 MOHALLAH RACE COURSE RD.1 Amounts in Rupees Sr.850 - - 564.453 344 MR M FAHAD 3310008602913 113.882 - - 498. 413/1 SECTOR S PHASE 2 DHA LAHORE 3420104718839 238. RASHID MENAZ RD KARACHI 70/II COMMERCIAL AVENUE PHASE-4 DHA KARACHI-75500 50152442234 512.286 - - 429. KMCH SOCIETY ALAMGIR ROAD 3630203660353 468.501 - - 621.829 - - 178.829 679.371 - - 468.517 - - 407.024 - - 673. Name Address Name of Partners / Directors NIC / CNIC 3310041531955 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 404. CHAMB ER 76 ESTATES AVENUE SITE 413/1 SECTOR S PHASE 2 DHA LAHORE 3740584620747 55.835 342 N H MISTRY 91/1 23RD STREET OFF KHAYABAN-E-RAHAT PHASE-6 DHA KARACHI KINGS ESTATES KINGS STATE ADVISE R JARAHI STOP ADYALA ROAD FAHAD COMMUNICATIONS MOBILINK FRANCHISE 289/1.075 - - 562.com.S.087 352 MOHAMMAD ASKARI BANGLOW SU-75 BRIGADIER HOUSE ASAKRI 4 .815 - - 649.PHASE 2 EXT.738 512.850 341 BILAL AHMED 3310007834485 178.517 529. DHA KARACHI.583 345 KEVIN MAXWELLCURNOW 204.421 660.418 348 SAJJAD MAHMOOD MIRZA TRADERS SHOP NO 9 NISHAT P LAZA 69 ABDALI ROAD ISLAM PURA F ARAN HOSPITAL & POLICE STATION HOUSE NO: 671/6 MAIN LINK ROAD SHOKAT ABAD RENALA KHURD BYPASS NEAR O KARACHI HOUSE NO B/309 BLOCK 6 GULSHAN E IQBAL 3520226487661 407.189 649.188 - - 580.220 337 ARIF ALI H NO 2576 BLOCK 44-D SAMNABAD 338 ABID MEHMOOD HAJI AZAM WOOD WORKS SHOP # 26-7 .MEZZANINE 1.107 - - 464.017 346 M ASLAM 3840321973565 142.918 559.965 362 ZAHEER BAWEJA 4220186950873 376.864 621.635 357 KAMRAN A QURESHI 4200004974953 455.882 589.506 354 EJAZ AHMED 87-SALEEM BLOCK ITTEFAQ TOWN MULTAN ROAD 3520217127629 243.583 - - 660.930 - - 529.BLOCK 21 FEDERAL B INDUSTRIAL AREA KARACHI NATIONAL MEDICOS.421 - - 55.963 564.395 - - 386.502 - - 238.634 www.671 - - 476.898 340 TAHIR RAFIQ 4210142354649 462.918 - - 336.107 562.184 - - 455.990 351 ALIYA BIBI ALIYA BIBI ? HOUSE # 12/B.520 - - 512.

KURI RD S.375 512. SAMBRIAL SIALKOT HOUSE#812/C1.197 11.681 21.071 588.874 - (16. 3840320734897 527.819 - - 788.947 371 ZILL HASNAIN 3740541102661 570.NEAREST ANARKALI SHOPPING CENTRE A-4.325 528.116 - - 480.050 - (3.856 5.SARGODHA.819 755.247 601.287 16.505 - - 789. 4230150435204 588.700 - 674.600 13.497 - - 564.533 486.194 834.036 33.753) 528.999 - - 657.115 12.947 523. Name Address Name of Partners / Directors NIC / CNIC 4240132728073 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 544.206 - - 750.HAWKS NOY ROAD.480 - - 641.944 543.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure . BLOCK B.452 23.564 - - 587.369 643.028 370 SHABBIR HUSSAIN 6110126152025 523.699 - 519.542 - 519.095 537.546 - 548.511 4.877 562.BLOCK#21.074 - - 527.999 - - 657. G-11/1 ISLAMABAD 3510134557237 633.286 - (29.874 - (39.799 526.610 15. FARAZ VIEW BLOCK 13 GULISTAN E JOHAR 3740505064749 788. GULSHAN-EIQBAL.349 - 758.480 369 MUHAMMAD ABBAS HOUSE# 22 STREET# 1 BASTAMI ROAD SAMAN ABAD NEAR AL ZAIB BEAUTY PARLOR H NO 2 BLOCK NO 5C MOHALLAH PIMS COLONY SECTOR G 813 ISLAMABAD HOUSE NO 110 GHOSIA COLONY F BLOCK SATELITE TOWN SAIDPUR ROAD RAWALPINDI GALI MOHALLA GREEN HOUSE MANI ROAD JAMKEY CHEEMA TEHSIL DASKA SKT 164 ASKARIA COLONY ZARAR SHAHEED ROAD LAHORE 3520289355779 44.013. 19 6110194562477 480.TOWN RAWALPINDI 12352235388 657.046 4.422 - - 670.1 Amounts in Rupees Sr.752 527.564 - - 587.120 582.130 ST NO 5.486 513. GULISTAN-E-JOHAR KARACHI 4250119945427 627.746 1.601 20.054 - (2.A KARACHI HOUSE # 10-E-BLOCK.673 20.202 389 ZEESHAN SAEED HOUSE# A-228 SECTOR# X-III GULSHAN -E-MAYMAR 4250123138719 558. BLOCK# 16.577) 662.168 391 NAHEED REHMAN HOUSE# 44/1.928 12.LATIF SQARE.116 641.302) 571.028 - - 1.878 372 MOHAMMAD HANIF AMJID 3460108107189 643. TENCH BHATTA FARDOOS STREET RAWALPINDI 3460193513197 574.346 365 ABDUL HAKEEM HOUSE # 39 BLOCK # 9C MUSHARRAF COLONY HAWKS BAY SHOP NO 5 FEROZ SQUARE BAHADURABAD 366 NADEEM ANWER 4220141841963 458.103) 519.147 382 NASIR MEHMOOD AWAN 3740502304045 486.135 367 TALIB HUSSAIN HOUSE P-988 D/1 MOHALLAH ANGATPURA SAIDPUR ROAD 21288068673 422.422 572.647 5. MODHI COLONY.761 - (273) 486.428 531.730 28.983 - - 666.316 386 CHAKAR ALI 4320375544623 644.096 507.047 - (952) 597.206 8.486 - - 633.505) 627.338 6.564 587. PHASE# 5.795 28.719 535.564 376 M SHAFIQUE HOUSE NO DPN.307 - (17.133 786.944 375 SEHAM HUSAIN 15 B M A SOCIETY KARACHI 4220106236466 587. GRON. NORTH NAZIMABAD 4210105593129 789.320 384 MUHAMMAD TAHIR SHEIKH HOUSE #186.695 782.492 - 607.744 392 GHULAM HUSSAIN HOUSE# 583.346 Amount Written off / Concession Interest/ Mark up Others Total Balance 845.034 388 MUHAMMAD NAJAM KHAN 4220186756811 598.H.827 567.206 750.919 - 585. FLAT #204 LAKHANI ARCADE PLOT NO 16/65 BLOCK NO 3 SHERFABAD BEHAR MCHS KARACHI HOUSE NO 5/2 RAFIQI ROAD CHAKLALA CANTT RAWALPINDI 4220196626732 564.777 12.346 381 KHALID MOHAMMAD MOHALLA MIRRAGE PUR.647 383 MUHAMMAD ISHAQ H#3-2-16 ST#6.425 96.135 - - 579.127 180 SCBP Annual Report 2009 .050 - (3.103) 519.F B AREA.083 799. ST NO 159.224 373 MOHAMMAD ASHRAF ZIA 3310680224401 750.390 378 SHEIKH SAIF UR REHMAN 3740504593925 567.900 7.983 368 ABDULLAH SHAHID ABDULLAH SHAHID HOUSE NO.339 666.944 - - 543.095 - 835. FLAT# A-403.999 657.944 - - 543.505 674.097 - (722) 587.555 374 GHULAM MUQTIDAR J 178 EMECHS MULTAN ROAD LAHORE 3520255323135 543.885 544.427 23.980 559.987 - 651.111 4. KAYABAN-EBUKHARI PHASE#6 D.497 539.350 385 M BABAR TAHSEEN 53/2 STREET NO#14.339 - - 422.428 - - 570.916 32.950 48.DHA.488 474.305) 623.608 27.650) 604.799 - - 567.013.730 650. BLOCK# 13.696 - - 458.376 - (4.458 390 QASIM JAHANGIR G-35/7. 14TH STREET.997 43.858 18.341 387 FARAZ ISRAR 4210180139497 670.STREET# 4. NEAR HAFIZ KARYANA STORE.SACHAL GOTH NEAR PCSIR LABORATIES APARCO ROAD.885 Principal 845.040 29.746 - - 44.999 377 TAHIRA JABEEN SECOND FLOOR.967 - 525.074 501. 501 STREET NO. No. 4240111840227 680.091 380 RANA MUHAMMAD AZEEM HOUSE NO 89.756 379 FAIZAN ALI AGHA AGHA HOUSE SATRA MEEL LATRAR ROAD ISLAMABAD 6110118689783 822.696 579.

321 972.479 - 829.764 410 MOHD AKRAM ALI 6110150207839 677.358 - (7.246 536.455 686.867 8.125 487.540 - 732.327 5.895 - 722. ST/MOHALLA 79.593) 507.351 15.085 17.867 412 MIAN SALMAN KHALID 3520226641605 820.855 24. S-11.001 23.120 - - 567. BLOCK # 13.694 - - 552.670 www.304 735.907 - 607.057.661 5.654 568.812 - 539.759 396 ABDUL QADIR SHEIKH E-10.357 Amount Written off / Concession Interest/ Mark up Others Total Balance 33.071 11.339 527.327 611.947 417 MUHAMMAD IRFAN H#C-1/493 LANDHI NO2 KARACHI NEAR TO BABAR MARKET 4220171486713 716.175 - 634. 3630255230389 522.017.855 20. GAREA NEAR LIAQUAT MARKET MALIR COLONY 4220142700789 537.316 519.934 16.088 (11.237 18.055 588.069.619 586.690 400 SYED IMRAN HAIDER 4220193879857 566.299 27. PACE SHOPPING MALL.731 504.237 717.541 567.371 415 ABSAR SAEED 3610355121991 576.ST # 16 MOHALA AFSHAN COLONY DHOK CHOUDRIAN 3740515904545 623.257 483.271 9.560 10.245 - 725.765 Principal 562.293 35.904 497. TEH N DISTT SHOP # 75.331 397 QISAR KHURSHID H# A-42 BLOCK -G NORTH NAZIMABAD KARACHI 4210124080907 702.889 9.148 16.689 31.672 16.815 - 508. 4220137766719 590.4.443 - 533.833 399 IRFAN AHMAD 4250163687703 711.678 46. HOUSE # 292 STREET # 4 KORANGI NO 3 3510233061573 686.424 39.735 - 638. GULSHAN PARK MAIN ATTEFAQ ROAD NEAR MANSOORAH MULTAN ROA D H # 85-I-B-2 TOWNSHIP LAHORE 3520229170141 586.497 - (1.619 108.191 529.766 739.907 - - 590.191 - - 615. NORTH NAZIMABAD.505 17.356 5.826 5.125 697.753 - 583.674 36.524 405 TANVEER AHMED H NO 114.482 411 MUHAMMAD ALI HASHMI HOUSE # 191. KOT RADHA KISHAN.153 5. BLOCK # H. BLK-A.916 - 528. No.194 12.265 - 657.ST # 1.514 - 731.580 25.125 - - 532.043 516. SECTOR G-6/1-1 6110120090199 552. SECTOR# G7/3-4.054 34.NEAR S. MAIN BAZAR BIBI PAK DAMAN 1530332566369 762. 393 Name Address Name of Partners / Directors NIC / CNIC 4220176747043 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 592.984 663.653 529.656 627.750 757.765 592.056 515.934 28.B.281 18.720) 519.048 406 MALIK MUHAMMAD NASIR JAMAL A-55 SECTOR 14-B SHADMAN TOWN NO-2 NORTH KARACHI 4210117280481 541.678 515. MODEL COLONY.540 515.152 2.753 419 SALMAN RAMZAN 3520294690785 1. PHASE -I MIDWAY SOUTH AVENUE.407 - 866.739 9.P.427 420 AHMED HUSSAIN HOUSE NO 6 STREET NO 2 BERBGTOWN PAF CHAKLALA ROAD DHOR KHABBA RAWALPINDI 3730145829235 483. 4250115299855 615.616.028 21.422 404 CHAUDHRY MUHAMMAD MANSOOR ANWER H # 786.399 689.727 28.766 5. ST# 253.571 - 779.460 - 695. KEHKSAN TARACE. GULISTAN-EJOHAR.131 28.944 1.103 509.869 6.791 - 637.907 498.464 - 748.standardchartered.WAPDA TOWN.776 518.1 Amounts in Rupees Sr.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure . 3740504996473 532.742 482.210 403 FAROOQ HUSSAIN H# 665-B.314 29.811 75. 3RD FLOOR.065 686. HOUSE# 74-N.084 50.835 23.423 6. MAIN BOULEVARD.088 418 MUJEEB UR REHMAN HOUSE -307 STREET NO 02 UPPER GIZRI CLIFTON HASSAN SHAHEED ROAD S E V 20.021 414 SHAHID ALI GANDHIYA ROAD.315) 569.454 408 SYED HASNAIN HAIDER BOKHARI H # 122 ST # 4 GULSHANABAD ADYALA ROAD 3520063417955 567.716 487.1 .658 17.120 509.709 - 549.044 5.pk 181 .676 - 9.354 5.com.161 402 MALAK DILDAR H # B .197 395 IRFAN ABDUL MOHAMMAD FLAT# A 10 AMEENA PLAZA BLOCK 7 F B AREA 4210117315073 581.275 401 MOHAMMAD SIKANDAR NAZEER H# G-71/3. BLOCK-6 PECHS KARACHI 394 SALEH DAIGO 4220159301199 600. GROUND FLOOR DEFENCE VIEW PHASE 2.853 596.060) 525.074 543.842 14.543 46.378 407 MOHAMMAD ASHRAF B-59.448 622.694 507.777 7.523 - 555.383 503.713 - 804.155 409 TAMEEZ UD DIN AHMED H # 1 . DHA 4240173086121 742.033 2.488 30.607 7.832 29.862 517.203 44.619 - - 586.942 739.588 1.256 413 MUHAMMAD ASLAM ADAM CHOWK GHULAM MUHAMMAD ABAD.897 - 1.086 398 ABDUL RAHIM SHAH H#1753 SHAHIABAD ST#7 FRONTIER COLONY NO 3 ORANGI TOWN KARACHI NEAR INAYAT REHMAN PCO MALIR CITY GHAZI BAROI VILLAGE MALIR CITY KHATLANI MAZAR H NO D-2.321 652.743 416 AHMED NOOR 4220143311879 579.452 32. MOHALAH NAI ABADI.723 37.621 710.210 MALIK WAHEED UZ ZAMAN FLAT # 37-B. STREET # 27.931 22.044 - 553.128 16.407 9.504 1.782 572. 6110184635779 509.989 483.443 - (41. MUSLIM TOWN. 87-B REHMAN PURA LAHORE 3520223279363 848.134 - 503.

076 - 1.392 - 520.738 660.473 45.469 - 541.072.488 - 635.900 423 SHAFIQ UR REHMAN AZIZABAD BAHADUR POLY TECHNMIQUE COLLEGE PESHAWAR CHAK# 67-A.323 29.703 436 SYED ABBAS HUSSAIN H # 4 / 17 FAROOQ-E.976 10. P/O DHAREMA.630 16.909 Amount Written off / Concession Interest/ Mark up Others Total Balance 12.599 560.385 17.589 27.055 5.156 Principal 510.671 97. No.687 444 ASHIQ HUSSAIN HOUSE NO 17 ST 37 G-6/2 3220320956405 638.988 439 TAHSEEN KHAN 3630270975389 665.038.055 - - 515.025 30.372 - 502.760 - 711.B NEAR BOYS HIGH SCHOOL.803 445 AYESHA NASIR H NO 52 ST NO 38 10/4 ISLAMABAD 6110119100264 591.662 - 505. N.376 509.608 446 TAHIR MEHMOOD FATHE GARH JROAD MUHALLAH HAJI PURA NEAR CHRISTAN KABRISTAN SKT H#7.254 33.260 - 566.050 - 610.D KHAYABAN-ESHAHWARDI G .352 588.961 - - 818. H.994 - 530.534 638.624 519. SOHNI ST # 47.549 - 671.735 502. 6110191736801 509. ST # 02.947 38.721 431 RIZWAN HAIDER JAFFERY H # 18 .AZAM ST.530 - 642.657 511.357 35.178 18.619 424 SHAHID ASLAM 3840322438963 560.316 430 RAZA KHAN 1730115120975 523.075 - 537.153 427 ABDUL AZIZ KHAN MOBILINK 4TH FLOOR. SIDDIQYIA ROAD GULGASHT 3630240604891 663. GANDA ENGINE GAWALMANDI 6110165435727 818.976 5.207 - 1.178 - 618.940 - 561.247 519.158 - - 605.850 - 617.680 1.447 442 3520230607141 560. SARGODHA.125 591.189 22. 11.MAIN RASHID MINHAS RD.666 - 712.526 - 719.118 - 532.083.906 38.909 8.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .357 28.960 902.570 929. NORTH NAZIMABAD KARACHI 4200025758615 596.468 - 533.154 31.385 23.356 - 569.083 - 595.196/B RAHEEM MARKET MULTAN ROAD LAHORE 4730115953743 660. STREET NO. KANAL PARK GULBERG II LAHORE 3460343183193 502.012 - 528.254 25. SHAHBAZ TOWN.376 663.781 - 688.173 14.154 24.219 - 623.158 53.076 425 MUHAMMAD RASHID JAVAID 3520283557647 523.838 900 - 661.961 818.934 435 MUHAMMAD AFZAL PLOT NO 239 13B1 NEAR ABU BAKAR ROAD TOWNSHIP 3110163248559 621.KAKSHAL.855 LUQMAN SAJID MOHAMMALAH BAKH STREET NO 3 MOHALLAH HUSSAIN SHAH GUJRANWALA HOUSE NO.479 448 ATIF IQBAL H#NE-1433 ST#1 NATIONAL TOWN CHAKLALA ROAD RAWALPINDI 3740504796673 902.961 433 SHAHZAD FLAT # E-5 .022 437 MUHAMMAD AMJAD 135 GII WAPDA TOWN LAHORE NEAR TO WAPDA TOWN ROUNDABOUT H# 8 SECOND FLOOR SITAR PLAZA TALAB ROAD NOTHIA QADEEM PSH CANTT SHOP # 3 219 / B REHMAN CENTRE GARDAZI MARKET GULGASHT MUL H # 31.039 - 610.280 - 535. DAKHANA KAKSHAL MOHALLAH TARIQABAD NO 2.180 - 925.160 687.6/4 .297 5.906 4.961 9.626 182 SCBP Annual Report 2009 .855 46.608 447 MUHAMMAD KAMARAN KHAN 4210113325223 956.946 523.835 - 938.630 10.019 - 691.280 - 663.464 - 589.021 - 704.780 45.446 - 593.910 434 SOHAIL KHAN 540 G/2.644 8.055 515. SEMORINA MANORE PLOT # 184 GARDEN EAST 4240149533969 519.025 475. TEH & DISTT.926 429 ZIARAT GUL 1730199089213 605.833 - 575. GULISTAN E JAUHAR GALI PEPAL WALI H # B-1-24-227 MOHALLAH KOTLI BEHRAM SIALKOT CHOWK GULDARA. 421 Name Address Name of Partners / Directors NIC / CNIC 3410141968185 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 510.998 438 MUHAMMAD LATIF 3830399108817 588.589 - - 475.243 9.614 538.309 513.ASIA PACIFIC TRADE CENTRE. PO YAKATOOT.855 39.400 32.623 592. SHAHZAD TOWN ISLAMABAD 422 MUHAMMAD MUSAWAR ABBASI 6110105892525 511.521 440 SIKANDEAR SHAHEEN TARIQ 3520271953145 592.570 - - 956.846 - 948.082 - 626.674 22.189 27.342 596.178 14.158 - 658.303 20.025 - - 475.400 23.406 443 TARIQ MALIK GULDARA CHOWK.647 426 NOORUDDIN HABIB SANJI B-187 BLOCK-C.323 35.373 441 SYED SAJJID ALI RAZA JAFFRI APPER PORTION H # 37 GULFISHAN COLONY GULSHANE-RAVI CHAUDHRY MUNAWAR HUSSAIN MUZZA MULL TEHSIL AND DISTT LAHORE 3520284749079 515.469 - 616.173 21.661 621.253 523.787 560. WAPDA TOWN 3520286923609 538.838 27.632 - 508. 274.947 26.037 - 827. B ST#21.711 - 538. 1210199401283 1.674 28.665 - 699.038.759 - 513.473 34.661 - 630.589 475.158 605.503 432 TARIQ MALIK GULBARA CHOWK KAHSHAF WAZIR ABAD NO 1 1730196405651 475.780 23.876 665.549 428 MUHAMMAD IMRAN 3460357559719 687.303 14.243 14.KAKSHAL WAZIRABAD # 1 PESHAWAR CITY 1730196405651 475.991 - 527.1 Amounts in Rupees Sr.

085 - 564. SECTOR# 15-A-4.740 539.454 Amount Written off / Concession Interest/ Mark up Others Total Balance 26.776 473 MUHAMMAD MASOOD SAJJAD HOUSE# P-78.841 13. HAFEEZ CENTRE CHOWK.251 17.257 33.564 - 534.320 5.698 23.390 - 721.421 5.004 - - 609.208 - 581.108 - 637.pk 183 .543 - 615. YATEEM KHANA.150 - - 637.048 464 AKHLAQ AHMED HOUSE #239 BATLA COLONY BLOCK-C FAISALABAD 3310054473029 550. FEROZPUR ROAD HOUSE NO 1381/3 . STREET 13.323 577.198 551.533 505.269 32.715 - 676.384 36. B.099 - - 597. KACHA KAMAHA ROAD.146 455 FIDA HUSSAIN H# 4/1/B LANE#03 WESTRIDGE 6110150747587 597. BLOCK NEW MUSLAM TOWN LAHORE 637. JAMIA BABU JEE ST # 4.084 26. DUBAI TOWN RAIWIND THOKAR NIAZ BEIG 3310001352447 595.463 462 MUHAMMAD FAROOQ 4210126281453 564. SATELLITE TOWN 1-401.280 573.583 473.314 - 621.731 - 493.997 - - 564.034 456 NADIA BAGH MUNSHI LUDHA KACHA RAVI ROAD LAHORE 3520224172650 612.060 5.003 9.760 - - 551. GULISTAN COLONY MUSTAFA ABAD 3520138866775 473.997 554.652 9.139.084 595.295 457 SAJID SIDDIQUE 11A.204 587.533 - - 519.230 23.131 475 M ATHAR CH H NO 5 BUKHARI STREET RUSTUM PARK MULTAN ROAD LAHORE H NO 15 H BLOCK GULSHAN E RAVI LAHORE 3520268626981 519.084 - - 595. STR #1.545 711.315 www.289 476 M NASEEM SIDDIQUE 3520216986395 551.360 - - 790.146 - - 588. ST # 18.833 528. CHOWK YADGAR PESHAWER 552.404 45. HAYATABAD. F-7 / 1.668 550.794 703.187 25.739 463 MUHAMMAD HANIF 107-G-IV WAPDA TOWN 3520273408909 577.374 - 503.714 - 567.599 - 535.797 - 500.064 - 592.874 - 532.458 - 616.317 - 748.846 467 RAJA NADEEM KHAN HOUSE NO 120.608 - 514.568 466 KHAIR MUHAMMAD FLAT# 3.306 490. AHMED TOWER. BAND ROAD.219 520.460 - 579.822 6.360 34.844 458 FARRUKH ALI H# 69/N.652 31.189 - 544.317 459 SOHAIL AHMAD H# 138 -K DHA CANTT LAHORE 3520193841869 553.048 452 MUHAMMAD MUNAWAR JAVED 5440074627601 520.360 790.016 - 559.398 474 3520275897003 498.208 - 824. 3RD FLOOR CROWN PLAZA. Name Address Name of Partners / Directors NIC / CNIC 4220187356119 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 685. No.384 9.257 11.229 - 556.020 659. SHAH FAISAL COLONY BLOCK 1 6110185096343 587. ST # 32.760 541.com.999 449 NASEEM RAZA SECTOR 5B-2 H # R-754 NORTH KARACHI 450 MUHAMMAD RASHID KAMRAN H # 17-A. PHASE II.305 31. ST # 16 . ICHRA ROAD RARI WALA CHOWK KHARA LAHORE HOUSE # CB 1117 . EJAZ PARK MODEL TOWN LINK ROAD NEAR JINNAH FOUNDATION SCHOOL 1730161608603 476.574 5.671 - 518. BUFFAR ZONE 4210151773171 575. SAMAN ABAD LAHORE 3520014774347 577.359 Principal 685.251 23.243 - 560.967 - 485.AREA SADEEQABAD KARACHI 3520293220765 703.984 18.495 - 603.878 - 558.799 - 532.332 21.328 469 MUHAMMAD HANIF ZAHID 3740543683075 528.661 27.156 - 632. 6110185449227 490.659 - 509. PESHAWAR HOUSE# 15-A.617 5.982 476.768 5.305 16.018 451 MR AJAZ YUNAS HOUSE NO.822 25.841 33. JHANDA CHICHI 3520245786105 659.916 498.352 - 587.119 454 ABDUL HAMEED SIDDIQUI 4250189096333 609.324 16.995 472 REHAN HYDER R-1269.320 - 520.860 465 CHAUDRY MUHAMMAD AMIN HOUSE NO-14 S-20 AL FAISAL TOWN BLOCK-D LAHORE CANTT 3520156342805 790.079 - 745.004 588. RANGE ROAD SABZAZAR RAWALPINDI 3740537921511 572.173 - - 575.187 20. AAHATA GHULAM NABI.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .454 17.404 18.957 - 527.150 599.536 709.990 471 MOHD SADIQ HASSAN KHAN KASI H # 33-C 13TH COMMERCIAL STREET PHASE -II EXT DHA 4230108046139 520.343 612.152 - 718.1 Amounts in Rupees Sr. STREET #01 LATIF PARK JHANG ROAD DAKHANA GHULAM MUHAMMAD ABAD ALI IMRAN H# 77.007 14.173 532.543 3.099 573.770 11.616 11. H # 14.905 703.676 - 524.957 468 CHAUDHRY ADNAN QUTUB H#2-A.193 460 AMJAD MAHMOOD AHMED SHOP # 4. UPSATARIS CHICKEN HUT COMM MARKET RD.721 461 MUHAMMAD YASIN RAZA 3520238141555 709. SECTOR G-3.736 - 563.784 - 604.733 - 586.355 - 537.269 6.698 29.616 30.B.023 - 690.501 - 584.standardchartered.294 - 584.661 28.512 470 MUHAMMAD KASHIF H # 724.986 6.555 553.142 453 ZULFIQAR AHMAD OFF NO 20.543 14.569 502.

502 497 INT'L CASING TRADERS (ABDUL RAZAAQ GROUP) 2194 HUMAYAN ROAD.652 32.207 487 AMJAD ALI H # 1113.698.672 4.Islamia Park.247 2.254 552.020 (2) Muhammad Akbar (3) Muhammad Akbar (3) Zahid Iqbal R/o 202/2-M.681 - 619.506 490 MIAN MUHAMMAD SHAKEEL NAWANPEND ARAIYAN P*O PULL AIIK AIMNABAD RD 3460321535197 533. SANDA KHURD. ST # 2.694 483.747 10. INDUSTRIAL AREA.221 - 553.365 - 605.116 612. 29-Khalid Street.Multan Jamal uddin 193.136.ISLAMIA PARK.01 1ST FLOOR. CHODARY COLONY. 3520177190571 658.694 - - 497.212 6. MOHAMMAD AHMED CENTER 29-G PHASE1.970.136.079 482 MUHAMMAD SULTAN H # 34 -B PUNJAB CO-OPERATIVE HOUSING SOCIETY GHAZI ROAD 3520268163637 1.613 554.384 - 689.669 817.500 - 569.837 6.ST # 1B ASIF ALI COLONY.Defence Housing Authority.212 516.922 - 881.045 160.Lahore (2) Agha Nizam uddin r/o Agha Fabrics (Pvt.437 7.105 23.531 193.528 583.Saeeda Rashid R/o House # 6-A. Name Address Name of Partners / Directors NIC / CNIC 3840332591893 Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 554.DHA LAHORE 4230136363155 539.710 9.262 3.098 - 3.943 610.162 8. G-11/3 MAIN DOUBLE ROAD 6110164766721 574.515.867 - 606.116 32.881 - 1.535 - 574. LAHORE (1) Agha Asad Nizam r/o Agha Fabrics (Pvt.946 488 MUHAMMAD NAEEM 3520296934977 681.816.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .867 - 523.252 34.691 493 TOQEER SYED H # 7.804 486 ASIM ALI SHER 3740506870241 552.614 5.210.Lahore Cantt.301.Phase-II.836 7.254 - 509. POONCH RD. NASEERABAD PESHWAR ROAD 4210103454921 597.578 539.438 - 660.118.513 35.582 - 557.905 637.Phase-II. NEAR DOGAIS TOWN ZRAR SHAHEED ROAD LAHORE CANTT FLAT NO.BAGHBAN PURA.Lahore Cantt.506 - - 817.Islamia Park.411.589 - 560. Poonch Rd. MAIN QASIMABAD ROAD.542 498 AGHA FABRICS (PVT.889 469.083 646.MULTAN Abrar Ahmed r/o 2194 Humayan Road.270.CNIC 3 276-52-053896 (1) Muhammad Akbar 5. (EX-EBI) 2194 HUMAYAN ROAD.PhaseII.348 - 654.CNIC 3276-85365200 495 ABDUL RAZZAQUE & CO (ABDUL RAZAAQ GROUP) 2194 HUMAYAN ROAD.Lahore Cantt.894 11.613 Principal 554. NORTH KARACHI 4210115164847 870.007 - 1.335 6.) LTD.996.Multan Jamal uddin 160. Near Qartaba Chowk.Defence Housing Authority.335.465.895 10.713 15.176 1. No.958 - 586.110 15.227 - - 578.Lahore (3) Mrs. Poonch Rd.151.017 484 SOHAIL MAQBOOL H # 9. Jail Road.252 533.713 74.MULTAN Abrar Ahmed r/o 2194 Humayan Road.357 14.671 10.464 491 KHALID MAHMOOD H # 453-0. 29-Khalid Street.Multan Jamal uddin 469.788 - 590.212 - - 516. ZAHID ST NO-2.126 - 17.522 20.) Ltd. 3520202900061 516.180 - 584.246 2.178 - 645.357 21.942. AREA LIAQAT ASHRAF COLONY.310 480 QAISER ABBAS 3320220845721 674.720 1.116 - - 612. CNIC # 276-88-313741 (2) Mohammad Ilyas R/o 202/2M.904. STREET # 2.364 - 644.177 1.194 - 1. Lahore.965 494 ABBAS ENTERPRISES (1) Dr.042 492 NIZAMUDDIN H # B-16 NASEEM NAGAR PHASE 1 QASIMABAD 4130181285619 616.(4) Widow of Muhammad Rashid 90-335669 (4) Mrs.152 - 602.545 408. Poonch Rd. ST# 24.711 26.521 8.Islamia Park. GULBERG II.802 481 AYAZ SARDAR HOUSE # 14. SECTOR 11/D.) Ltd.058 485 GULSHER KALHORO 4130603828711 578.371 - 540.663 414.791 529. SHALIMAR TOWN.212 - 567.461 - - 631.MULTAN (ABDUL RAZAAQ GROUP) Abrar Ahmed r/o 2194 Humayan Road.344 496 ABDUL RAZZAQ CO.Mohammad Ashfaq R/o 202/2-M.201 569.216 644.227 570. ABBASI CENTRE NEAR UBL.480 479 FEROZ UDDIN HOUSE NO A-722 SECTOR 11-A GULSHAN E USMAN NORTH KARACHI H# 10.907 483 HABIB ULLAH KHAN HOUSE # 739 TIKRI VILLAGE HAKS BAY ROAD 3810362885273 631.613 Amount Written off / Concession Interest/ Mark up Others Total Balance 28.816.642 - 3.382 634.Defence Housing Authority. HYD H# 621 GHOSIA STREET TARIQ ABAD LALKURTI RAWALPINDI.461 577.672 21.054 - 666. 29-KHALID STREET.719 - 16.Attia Asad r/o Agha Fabrics (Pvt.973 - 690.057 184 SCBP Annual Report 2009 .141 477 MUHAMMAD MUSHTAQ HUSSAIN CHAK NO-52 ANB LUDDGE WALA NEAR JAMMIA MASJID PO SARGODHA TEH AND DISTT SARGODHA FLAT NO 2 ZAIB UN NISA PLAZA RAJA MARKET F 11-3 ISLAMABAD 478 ADEEL NAQASH 3740170086499 612.456 - 580. 39-N.879 - 608.252 - - 533.544 425. 29-Khalid Street.205 - 1.Lahore (1) Agha Nizam uddin 634.543 489 MUHAMMAD ABBAS JUNEJO H # 37/23.365 - 653.1 Amounts in Rupees Sr.) Ltd.CNIC 3276. LAHORE 3520162475543 497.664 412.

St.Lahore (4) Hafiz Muhammad Ishaq r/o House # 1.396.Lahore (2) Ghulam Yasin Khan (2) Ghulam Yasin Khan r/o House # 199-B.891.# 3.070. Lahore (2) Arif Saigol R/o 91-E/1. LAHORE (1) Aslam Malik r/o 717-A/1.Yaqoob 2.438 68.435.Lahore (3) Muhammad Yaqoob r/o House # 1.St. LAHORE (1) Abid Saigol R/o 91-E/1.Lahore (3) Miss Ayesha Riaz r/o 114 R Sector.com.600. MAIN PLAZA USMAN MARKET 20/15 HALL ROAD LAHORE & 104/2 ST. Township.585.442.638. TOWNSHIP.278 24. Gulberg II.620 38.Lahore (6) Tahira Naseem r/o House # 1.39 Nicholson Road.standardchartered.935.659.747 12. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 499 BASHIR TANNERIES 9-DIDE MARKET. Gulberg III.944. Township. (2) Mrs.Lahore (2) Miss Farhana Riaz r/o 114 R Sector.940.39 Nicholson Road.Lahore (5) Safia Bibi r/o House # 1.435.814.109 10.110 (2) Iqbal Aslam (3) Iqbal Aslam (4) Iqbal Aslam 10. Lahore (3) Asif Saigol R/o (4) Kamran Zali R/o 44-FCC.454 - 14. Lahore CNIC # 299-33-023351 (3) Haji Charagh Din (3) Sh.Chaudhry Park.151 - 44.018 - 33. Ahmed Block. Township.# 3.Muhammad Jamil R/o 95-A (1) Haji Charagh Din New Muslim Town.Phase II.563 505 MEGATONE INDUSTRIES M.John Park Lahore (2) Mian Ajmal Wahid r/o 104/2 St. Lahore 9.39 Nicholson Road.378.# 3.St.935.947. LAHORE (1) Muhammad Ibraheem r/o House # 1.St.Phase II.600.835 www.# 3.080 5. Aftab Jamil R/o 95-A New Muslim Town.978 504 MALIK TRADERS INT'L 717-A/1. Model Town. Lahore CNIC # 35202-7328626-1 (2) Haji Charagh Din (2) Sh.M Pervaiz R/o 95-A New Muslim Town.St. Gulberg II. Ahmed Block.LCCHS.39 Nicholson Road.967 - 7. Ahmed Block.947.772 7.Lahore (4) Navved Yasin Khan r/o House # 199-B.691. Lahore (4) Miss Shamama Aslam Malik r/o 717-A/1.39 Nicholson Road.133.# 3.Chaudhry Park.378.870.729 21.JOHN PARK LAHORE (1) Mian Ahad Mahmood r/o 104/2 St. Lahore.New Garden Town.Lahore 12.890.Chaudhry Park.319 - 32.948 7.LAHORE (1) Farid Ahmed Yasin Khan r/o (1) Ghulam Yasin Khan House # 199-B.Lahore (2) Muhammad Yousaf r/o House # 1.046 501 KING ASSOCIATES 25-A. Lahore (3) Miss Afshan Aslam Malik r/o 717-A/1.047 2.946. LAHORE (1) Sh. Ahmed Block.151 - 44.32 DAVIS ROAD.659.542 - 210.107 - 42.39 Nicholson Road.442.New Garden Town. HAFIZ PLAZA.164.K ARCADE.455.New Garden Town.Shamim Riaz r/o 114 R Sector.585.M Naeem R/o 463-M.334.Lahore (1) M Riaz Chughtai (2) M Riaz Chughtai (3) M Riaz Chughtai (1) M.M.772 5..629 24.967 - 7.454 - 14.John Park Lahore (3) Mrs.M Bashir R/o Qasr-e.Iqbal Aslam r/o 717-A/1. 31-M CIVIC CENTER.818 - 7.Lahore (1) Noor Muhammad (2) Noor Muhammad (3) Noor Muhammad (4) M.Lahore (3) Ghulam Yasin Khan (3) Irfan Yasin Khan r/o House # 199-B.564 3. MODEL TOWN EXTENSION.Ibrahim (5) M.870.Rafique Saigol 5.1ST FLOOR.895 149.771 502 KOHINOOR EDIBLE OILS 2ND FLOOR.093.896 141. Lahore CNIC # 29154-195126(5) Sh.334.621 38.512.# 3.773 7.597 500 ISHAQ CARPETS INDUSTRIES 11/4-EMPRESS ROAD.Rafique Saigol (2) M.319 - 34.638.213 (4) Sh.318 - 217.Chaudhry Park.037.New Garden (4) Ghulam Yasin Khan Town. Lahore (5) Mohd Ashraf (6) Faisal Sharif (7) Mohd Tasneem 68.Chaudhry Park.Imrana Naeem (4) Miss Mehreen Ajmal 776. Township.960.Chaudhry Park.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .Muhammad Afzal(Late) 503 LIGHT ENGG.Jamil Muridke CNIC # 295-28-373873 (4) Haji Charagh Din (4) Sh. CO.LCCHS.DAVIS ROAD.Phase II. No.079 5.Ibrahim (6) M.944.St. Lahore 3.pk 185 .037.LCCHS. LAHORE (1) Mrs.1 Amounts in Rupees Sr.591 776.728 29.206 - 7.

3RD FLOOR.407.283 - - 4. P-16.Lahore (2) Tabassum Sarwar r/o 626Shadman Colony.645 516 ALIM INTERNATIONAL D-28.555. LAHORE (1) Nazar Hussain r/o 19/10 Abbot (1) Syed Sarwar Road.(1) Ghulam Rasool Abbot Road.849 50. Lahore Cantt.101.291.561 2.607.171.114 - 58.#2 Dost Street.555 - 3.297.Lahore CNIC # 322-47268137 (1) Syed Sardar Ali (2) Syed Sarwar Ali 1.792 2. (EX-EBI) 626-SHADMAN COLONY.369.970.399 - - 1. MANGHOPIR ROAD.101. KARACHI. LAHORE (1) Muhammad Tariq Gaba R/o 24. No. Lahore Gaba 951.341 - 23.257 (4) Abdul Khaliq (5) Abdul Khaliq 515 PAKWORLD TEXTILE IND.555. LAHORE (1) Mohammad Iqtidar Pervaiz R/o (1) Khan Aziz Khan CANTT.999 17. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total 71.283 514 IMPERIAL HOSIERY (PVT) LIMITED.450. LAHORE (1) Muhammad Tariq Gaba R/o 24. Lahore CNIC # Gaba 35202-2541333-3 (2) Aqeel Tariq Gaba R/o 24-Abbot (2) Muhammad Tariq Road.783 - 4.Lahore (3) Syed Farid Akhtar r/o 626Shadman Colony.791 2.010 512 DEFENCE AGRO Mian Idrees 4. SITE.012 - 4.152.249.398. (2) Abdul Majeed Khan R/o 366Jinnah Colony Faisalabad. Lahore Cantt.325 - 17. SHEIKHUPURA ROAD. Lahore Cantt.St.171. S B a askari (late) 1. Karachi (1) Nisar ali Rasheed 1. Allama Iqbal Town.918 - 32.033.338.850. (3) Abdul Sattar (3) Khalid Mahmood r/o House # 343.918 - 32.AL-ABBAS CENTER.850.399 4.341 - 23.458. Haji Azam Chamber.385. Arif Jan Road. Altaf Hussain Road.572 186 SCBP Annual Report 2009 .B Tehsil & District Faisalabad (4) Rehmat Khan (5)Rehmat Khan 2.340 510 TABBASUM ENTERPRISES PAK LTD.732. 87/2.313 (4) Qasim Ali Khan 511 A.686 10.310. FAISALABAD (1) Sanaullah Khan R/o 366Jinnah Colony Faisalabad.272.541 5. (2) Zakaullah Khan (3) Abdul Khaliq 10.560 2.261.147.732. MULTAN (1) Sardar Azmat Hayat Tamman (1) Sardar Muhammad r/o 178-Ahmed Block New Garden Hayat Tammon Town Lahore (2) Sardar Azmat Hayat (2) Nuzhat Hayat r/o 178-Ahmed Tamman Block New Garden Town Lahore 7.746 - 4.Faisalabad.Lahore (4) Shaukat Ali r/o 626-Shadman Colony.490.St. LAHORE (1) Syed Sarwar Ali r/o 626Shadman Colony. Lahore 507 SHEIKH CARPETS (SHEIKH CARPETS GROUP) 24-ABBOT ROAD.339 21. (3) Asadullah Khan R/o 366Jinnah Colony Faisalabad.341 6.398. Altaf Hussain Road.Salma Tariq R/o 24-Abbot (3) Muhammad Tariq Road.358. KARACHI.1 Amounts in Rupees Sr.258 10.167.015 247. Karachi (2) Zafar Iqbal r/o 3rd Floor.344 1.996 509 SPLENDOUR EXPORTS 19/10 ABBOT ROAD.000 17.909. (6) Saifullah Khan R/o 366-Jinnah Colony Faisalabad. Pervaiz (3) Khurram Pervaiz R/o 87/2. Lahore (3) Muhammad Tariq Gaba 8.114 - 58.889 239.650.193.848 50. Syed Alimuddin Ahmed.178 - 14.Summandari Rd. Arif (3) Mohammad Iqtidar Jan Road.490.192.167.458.Salma Tariq R/o 24-Abbot Road.144 - 9.011 7. J.340 21.321 513 ENAR (PVT) LIMITED. (7) Amaah Khan R/o 366-Jinnah Colony Faisalabad.630. (2) Abdul Sattar (2) Farrukh Javaid r/o P-344.246 Amount Written off / Concession Interest/ Mark up Others Total Balance 176.600.630. Arif Jan Road. Haji Azam Chamber.147.822. (1) Feroze Ali Rasheed r/o 3rd Floor.320. OFFICE ADDRESS.338 - 3. Lahore CNIC # Gaba 35202-2541333-3 (2) Aqeel Tariq Gaba R/o 24-Abbot (2) Muhammad Tariq Road.(late).942.261 506 REGENCY TEXTILES LTD 88-C/II.454.503. (4) Ziaullah Khan R/o 366-Jinnah Colony Faisalabad.325 - 17.524.265.(1) Ghulam Rasool Abbot Road. ALTAF HUSSAIN ROAD. HAJI ADAM CHAMBER.INDUSTRIES 66-C INDUSTRIAL ESTATE. Lahore Gaba (3) Mrs.963 8.522 - 3. Lahore Gaba (3) Mrs.Lhaore Hussain Shah 6.385. J.130 1.962 508 SHEIKH CARPETS (EX-EBI) (SHEIKH CARPETS GROUP) 24-ABBOT ROAD.B Tehsil & District Faisalabad (5) Gulzar Ahmed r/o Chak # 66.292 2.# Abdul Mehr Hakim Din Faisalabad (4) Ali Mohammad r/o Chak # 66.091 1.201 - 3.636.942.685 10.090 1.661 - 4.T.MONTGOMERY BAZAR FAISALABAD (1) Riasat Ali r/o Rasoolpura Chak (1) Abdul Sattar # 224/R-B Summandari Rd.912 951.794.369.Faisalabad. (5) Nasrullah Khan R/o 366Jinnah Colony Faisalabad.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .201.685 4.297.879.2ND FLOOR. ARIF JAN ROAD. 6-A.247 168. (2) Mrs.251 3.636.CNIC # Pervaiz 35201-1658997-9 (4) Muhammad Khan (4) Aftab ahmed khan r/o 113-Park Block.250 3.454.191.398.136 Principal 71.143 10.Nazneen Pervaiz R/o (2) Mohammad Iqtidar 87/2. ASHRAF ABAD.

Sharifa Begum r/o 14-Al Syed Arcade. Haji Nauroz Khan Haji Mirza Khan 1.740. Abdullah Haroon Road.155.844 - 2.443 528 Achee Enterprises (Pvt) Ltd G-15/2-E.000 2.986 (513.656. Manzooe A.840 23.872. 175.Rashid Minhas (5) Muhammad Ali Talib Road. Korangi.Standard Chartered Bank (Pakistan) Limited Consolidated Financial Statements Annexure .814 - 8. Name Address Name of Partners / Directors NIC / CNIC Father / Husband Name Outstanding Liabilities at Beginning of Year Principal Interest/ Mark up Others Total Principal Amount Written off / Concession Interest/ Mark up Others Total Balance 517 ANIQA TRADING COMPANY 311.757 266.687.669 521 MUHAMMAD ARSHAD CHOUDHRY (EX-EBI) Muhammad Arshad Choudhry 239.925.783 175.369. SOLDIAR BAZAR. karachi.184. (4) Abdul Aziz 7.357.pk 187 . Sector 15-A5.399.Mamuna Firdous 14-Al Syed Arcade. 71-A. (Old NIC # 512-56217872) (3)Javaid Islam R/o B-103 & B105.I. settlite Town.642. settlite Town.692. 33.337.885 524 HAJI NAOROZ KHAN SHOP NO. SETTLITE TOWN.437 1. 901.Muhammad Ali Talib (2) Muhammad Ali Talib (3) Shahid Hameed Ch.691. KARACHI.496. KARACHI.018 - 1.681 717.438 5.941. Gulshan Iqbal.676 332.856 - 22.229 7. Munawer Hussain Late).RASHID MINHAS ROAD. Lahore 527 NBZ (Pvt) Limited Plot No. Block 4-A.248.645.840 9.400 9. (1) Muhammad Ali Anzar Usmani 9. KARACHI.175.443 33.Par Hoti.186 239. Shalimar Town. Mohammad Fazil Ghulam Mohammad Shah (1) Muhammad Usman 22. Buffer Zone.864 797.Farina Latif Abbasi r/o 71.027 518 ARSONS TRADERS 9/15. (Old NIC # 501-88-640810) 10.015 1. Karachi. R/o House # 158-A.Rehman/A. Hassan Ali Walji.407.261 - 18.925.647 3.337.372 14.701 www.215.508 1.221.Mohammad Ali Talib r/o 14Al Syed Arcade. North Karachi (OLD NIC No.645.807 - 20.Rashid Minhas Road.484) 1. Gulshan Iqbal.MARDAN (1) Shamroze Khan r/o Mohallah Khan Colony.768 7. Rawalpindi (1) Muhammad Khan 5.801.990 22.470 - 5.835 720. No.043 43.777 - 2. Block 9.868. North Karachi & House# A-458 Sector 15-A/I.Rashid Minhas Road.185 522 MEHRAN AGRO CHEM LTD. KARACHI.955. Kassim Court. Rawalpindi (3) Nisar Ahmed r/o 192-Askari (3) Ghulam Muhiy-udHouses Complex. Ch.A. Block 4-A.950..543 1.407.714.228 (4) Ch.683 424.251 - 3.554.909.920 - 3.Buffer Zone. Block No.638.458.291 1.818 - 1.790.570 (2) Mst. OFF: I I CHUNDRIGAR ROAD. Clifton.Karachi 523 TAHA ENTERPRISES 84. Clifton.225.651.099 - 2. Karachi & B-105. RAWALPINDI (1) Sardar Abdul Latif Abbasi r/o 71-A. Karachi & 21 Feroz Building.(2) Sardar Abdul Latif A.990 529 Filtex Exports Industries Pvt Ltd 2nd Floor. Jinnah Road.884 518.Karachi (2) Mrs.884 518. STOCK EXCHANGE BUILDING.602. 411.865 750.281 520 JAWAD INTERNATIONAL (EXEBI) 991. Ch.428 - 506.111. ansari.891 2.400 9.Karachi (3) Mrs. 32 & 33. STATE LIFE Munir Ahmed BUILDING NO.standardchartered.Karachi (5) Zahid Saeed Ch. Karachi.509 1. Radio Pakistan. (late).917.200. MIRZA KHALEEG BAIG ROAD.681.477 591.com.991 2. Karachi.241 525 SHAMROZE & BROTHERS PAR HOTI.209 - 507. ARKEY SQUARE (EXT).373 14.670 - 12.215.691.809. 8.135 901.106 - 22. 14-AL SYED ARCADE.1 Amounts in Rupees Sr. Irfanul Haque Saiful Haque 5.CHUNDRIGAR ROAD. WALLACE ROAD.r/o 14-Al Syed Arcade. QUETTA. Walji.Rehman 424.526.Rashid Minhas Road.Mardan (1) Alif Khan 815.766 13. Karachi. KARACHI.790.428 - 506. Shalimar Town.315.892 2.451.2. M A JINNAH ROAD.524.106 - 22.812 991. Zarar Shaheed din Road. OPP: CITY COURT. Mohammad Boota. KHAWAJA CHAMBER. r/o 14-Al Syed Arcade.778 - 3. Ghaffar A.580. Kehkashan.225. Korangi Zaheer Ahmed Ansari Industrial Area.357.Rashid Minhas Road.844 - 2.856 - 22.990 2. Siddique Ahmed / Farooq Ahmed SHAHRAH-E-LIAQUAT.692.066 (2) Syed Abdul Bari (3) Noor-ul-Islam 725.501-66-104698) (2) Syed Jalil Ahmed R/o Flat# 6 M. Shaukat H.333 642. Sector 23.285 526 ABBASI & CO.100 3.517.043 43.200.438.199.608 815.868.111.677 313. I. 5.882 519 CENTRAL COTTON MILLS 4TH FLOOR.KARACHI (1) Shahid Hameed Ch.024 - 3.106 - 488. Scheme No.Karachi (1) Ch.814 2.226 - 27.367.758 266.

817 167.663 467.0045 0.000 231.0650 0.0065 0.000 175.0794 98.0110 0.0027 0.0240 0.0322 0.0119 0.0060 0.162 3.000 354.0039 0.339. OF SHAREHOLDERS 1313 2430 1526 3070 1023 147 90 54 33 19 19 9 12 9 5 5 7 2 2 2 2 4 1 1 1 4 1 3 1 2 1 1 1 1 1 1 1 1 2 1 1 1 1 1 1 1 9814 <-.0052 0.000 749.980 300.232 252.021 0.200 2.9863 100.1680 0.248.080 1.875 715.0185 0.615.960 247.254.0045 0.Standard Chartered Bank (Pakistan) Limited PATTERN OF SHAREHOLDERS AS OF 31 DECEMBER 2009 NO.832.0043 0.979 793.400 103.804 1.0039 0.0015 0.717 268.0069 0.0470 0.650 200.585.0121 0.0102 0.504.0075 0.120 134.674 291.0056 0.584 1.0164 0.0035 0.700 585.045 115.415 530.074.820.0079 0.392 612.0417 0.400 427.0098 0.030 7.0158 0.600 459.219 150.000 215.570 3.0324 0.0031 0.HAVING SHARES--> FROM TO 1 101 501 1001 5001 10001 15001 20001 25001 30001 35001 40001 45001 50001 55001 60001 65001 70001 75001 80001 85001 95001 100001 110001 115001 125001 130001 140001 170001 175001 195001 210001 230001 245001 250001 265001 295001 300001 315001 395001 455001 525001 745001 2515001 3070001 38323350 100 500 1000 5000 10000 15000 20000 25000 30000 35000 40000 45000 50000 55000 60000 65000 70000 75000 80000 85000 90000 100000 105000 115000 120000 130000 135000 145000 175000 180000 200000 215000 235000 250000 255000 270000 300000 305000 320000 400000 460000 530000 750000 2520000 3075000 38323400 SHARES HELD PERCENTAGE 57.584 3.0194 0.0092 0.659 175.000 152.987 395.083 1.0077 0.0137 0.059 6.400 929.0133 0.0122 0.100 380.119 472.871.000 120.0151 0.000 514.516.0000 188 SCBP Annual Report 2009 .823.0080 0.000 304.287 311.975 394.0030 0.0064 0.2021 0.500 632.0102 0.0205 0.

00 0.K 3.715.713.162 3. Undertakings and Related Parties 1 Standard Chartered Bank.00 0.021 0.K 3. Shahid Zaki Mr. Mahendra Gursahani Mr.00 B) Associated Companies.585.9863 0.304 1.791 5.162 98.00 0.0701 0.284 348. Andrew James Hardacre Mr. their spouse and minor children SR.832. DFI & NBFI INSURANCE COMPANIES MODARABAS & MUTUAL FUNDS GENERAL PUBLIC (LOCAL) GENERAL PUBLIC (FOREIGN) OTHERS FOREIGN COMPANIES COMPANY TOTAL 7 1 1 18 6 11 8.00 0.271 4.standardchartered.Standard Chartered Bank (Pakistan) Limited CATEGORIES OF SHAREHOLDERS AS OF 31 DECEMBER 2009 PARTICULARS SHAREHOLDERS SHAREHOLDING PERCENTAGE DIRECTORS.339.0000 0.00 0.99 C) NIT & ICP 1 Investment Corporation of Pakistan (NON-CDC) 3.00 D) Shareholders Holding 10% or More 1 Standard Chartered Bank.0041 0.00 0. U.1097 0.0000 CONSOLIDATED DETAILS A) Directors.832.339. # 1 2 3 4 5 6 7 Name Mr.0090 0. U.0000 98. Badar Kazmi Mr. Shayne Keith Nelson Mr.250 0. Chief Executive Officer.278 25. Najam I.6603 0.025 499.814 7 3.99 www.339.pk 189 .871.162 98. Parvez Ghias TOTAL: Shares Held 1 1 1 1 1 1 1 7 % 0.246. CEO & CHILDREN ASSOCIATED COMPANIES NIT & ICP BANKS.250 2.com.832.1476 0.796 157.00 0. Chaudhri Mr.0129 100.326 128 12 9.562.157 3.

……………………or failing him/her…. Signature: Name: Address: CNIC No. Folio No.Form of Proxy 4TH ANNUAL GENERAL MEETING Standard Chartered Bank (Pakistan) Limited I/We………………………………………………………………………….... Signature on Rs. proxy Form will not be treated as valid. as soon as possible but not later than 48 hours before the time of holding the meeting... Signature: Name: Address: CNIC No.……………………………….……………who is/are also members(s) of Standard Chartered Bank (Pakistan) Limited as my/our Proxy in my/our absence to attend and vote for me/us and on my/our behalf at the Annual General Meeting of the Bank to be held on March 30. 2.…………………………being members(s) of Standard Chartered Bank (Pakistan) Limited holding………………….. The Proxy Form should be deposited in the r egistered office of the Bank.. No person shall act as proxy unless he/she is a member of the Bank. Note: 1. ..Or dinary shar es her eby appoint ……………………………………………………………………………of. of…………………………. failing which. 2. 5/Revenue Stamp WITNESSES: 1. Passport No. 2010 and/or any adjournment thereof.of…………………. Signed this _________________day of _______________________ 2010.……………………………. Passport No.

Pakistan Fold here Fold here Fold here Fold here Fold here Fold here .O. I. 5556.Chundrigar Road.Fold here Company Secretary Standard Chartered Bank (Pakistan) LIimited P.Box No.I. Karachi 74000.

Sign up to vote on this title
UsefulNot useful