FSA-2008-12 Zxddsdfs

F
CY06
INANCIAL TATEMENT
CY07
Growth
Billion Rs.
Share Capital (SC)
9.5 12
Reserves (RS)
5.4 15 177.80%
Un Appropriated Profit (RE)
15.6 40.7 160.90%
Others (MISC)
.8 0.4 -50.00%
Total Shareholders Equity
31.3
(SE)
68.1 117.60%
26.3%
Financial Statement
2012 Analysis of Financial Sector
S
F
A
INANCIAL ECTOR
S
2008-2012
TATISTICS AND
EPARTMENT
DWH
Financial Statement Analysis of Financial Sector
Vision and Mission Statements of State Bank of Pa
Vision
To Transform SBP into a modern and dynamic
professional and efficient, fully equipped to pla
sustainable basis, in the economic and social d
Mission
To promote monetary and financial stability an

dynamic financial system, so as to achieve sus
economic growth and prosperi
ii
2012
ment Analysis of Financial Sector
s of State Bank of Pakistan
a modern and dynamic central bank, highly
t, fully equipped to play a meaningful role, on

economic and social development of Pakistan.
nd financial stability and foster a sound and

m, so as to achieve sustained and equitable
c growth and prosperity in Pakistan.
Team Leader
Shamsul Arifeen
Sr. Joint Director
Team Members
?
Zia-ul-Qamar
Azam Ali
Shahid Latif
Muhammad Saeed
Joint Director
Assistant Director
iii
2012
r. Joint Director
shamsul.arifeen@sbp.org.pk
Joint Director
ziaulqamar@sbp.org.pk
Joint Director
Azam.Ali@sbp.org.pk
Joint Director
shahid.latif@sbp.org.pk
Assistant Director
Muhammad.Saeed2@sbp.org.pk
CONTENTS
Preface
Executive Summary
Introduction
1.1 Methodology
1.2 Concepts and Definitions
1.3 Performance Indicators
Review and Financial Analysis of:
Banks
Development Finance Institutions (DFIs)
Leasing Companies
Investment Banks
Mutual Funds (Close Ended)
Modaraba Companies
Exchange Companies
Insurance Companies
Housing Finance
Venture Capital
Appendix
Explanatory Notes
iv
2012
v
vi
1.
2.
3.
14.
25.
72.
83.
97.
107.
125.
154.
181.
239.
242.
245.
250.
Financial Statement Analysis of Financia
Preface
The financial sector, one of the most important components

around 5% in the Gross Domestic Product essentially requires a sound, stable an
economic well being of the country and its populace.
Pakistan s financial
sector represents a well-developed integration of institutions
nature including
Banks, DFIs, Investment Banks, Leasing Companies, Mo
Finance, Mutual Funds, Insurance Companies, Exchange Companies and Ventur
and transparency in information on business activities of financial institutions are
importance to all stakeholders.
An overview of business and financial conditions of financial institutions is presen

manner in form of financial statements. For large financial institutions, the financia
often complex and are prepared under international accounting standards. These
include an extensive set of notes to the financial statements. The notes typically d
the balance sheet, income statement and cash flow statement in further detail.
The stakeholders and users, on the other hand, require financial indicators that c
on how well the company is performing and what may happen in future. In order t
needs of the users, Statistics & Data Warehouse Department carries out analysis
all financial institutions on annual basis. Every endeavour is made to select usefu
financial statements and compute ratios that can provide valuable clues about the
these institutions. The analysis is published in form of this publication namely
Analysis of Financial Sector. The publication co vers analysis of financial stateme
for the period 2008-12.
It is hoped that the publication will provide a tool to researchers, policy makers an
the activities and performance of financial sector in Pakistan. Comments on the a
further improvements of the publication are very welcome.
(Dr Azizullah Khattak)

Director
Statistics & DWH Department
2012
inancial Statement Analysis of Financial Sector
of the countrys
having
economy
a share of
ntially requires a sound, stable and robust financial system for
Banks, Leasing Companies, Modaraba Companies, Housing

Exchange Companies and Venture Capital. Disclosure
vities of financial institutions are therefore of immense
of financial institutions is presented in a structured

e financial institutions, the financial statements are
nal accounting standards. These statements usually
statements. The notes typically describe each item on
ow statement in further detail.
require financial indicators that can provide information

t may happen in future. In order to meet the growing
e Department carries out analysis of the financial statements of
ndeavour is made to select useful and accurate data from
provide valuable clues about the financial health of
form of this publicationFinancial
namely Statements
ers analysis of financial statements of financial institutions
to researchers, policy makers and investors to understand

in Pakistan. Comments on the analysis and suggestions for
Executive Summary
Financial statements analysis of 180 companies from 10 sectors namely B

companies, Investment Banks, Mutual Funds, Modarabas, Exchange companies,
Housing Finance and venture capital are included in this publication for the period
The balance sheet size of the banking sector expanded in CY12 and total assets
from Rs. 8.3 trillion in CY11 to Rs. 9.9 trillion in CY12 showing an increase of 19.3
before taxation increased by 6.7 percent in CY12 over the previous year.
The balance sheet size of DFIs increased

Shareholders
during 2012.
equ
0.9 percent over the last year. The profit before taxation decreased by 25.8 perce
taxation by 34.0 percent during the year.
Outlook of leasing sector in the country has not been encouraging during FY12. A
by 0.3 percent from Rs 33.8 billion in FY11 to Rs 33.7 billion in FY12. The sector
before taxation of Rs. 27.0 million in FY12 as compared to Rs. 407.2 million in FY
The performance of investment banks has deteriorated over the year. Analysis re
balance sheet size squeezed by 35.8 percent in FY12 over FY11. The aggregate
same. Losses before and after tax have been Rs. 2.3 billion and Rs. 2.0 billion re
Gross revenue also witnessed a decrease of 34.3 percent during FY12.
Balance sheet size of Mutual Funds contracted by 6.1 percent in FY12 over FY
decreased from Rs. 25.9 billion in FY11 to Rs. 24.3 billion in FY12. Net income w
FY12 as compared to Rs. 4.3 billion for FY11.
Modaraba Companies performed well during FY12. Total assets increased from R
FY11 to Rs 29.5 billion in FY12 showing an increase of 12.1 percent. Total equity
increase of 4.0 percent in FY12 over FY11. Profit before and after taxation increa
& 16.2 percent respectively in FY12 over FY11.
vi
2012
ies from 10 sectors namely Banks, DFIs, Leasing

odarabas, Exchange companies, Insurance companies,
d in this publication for the period 2008-12.
panded in CY12 and total assets of the sector grew
CY12 showing an increase of 19.3 percent. Profit

2 over the previous year.
ity registered a reduction of

axation decreased by 25.8 percent and profit after
been encouraging during FY12. Asset base decreased
33.7 billion in FY12. The sector showed profit

mpared to Rs. 407.2 million in FY11.
orated over the year. Analysis revealed that their

FY12 over FY11. The aggregate share capital remained
s. 2.3 billion and Rs. 2.0 billion respectively in FY12.

3 percent during FY12.
d by 6.1 percent in FY12 over FY11. Total assets

4.3 billion in FY12. Net income was Rs. 2.6 billion in
12. Total assets increased from Rs. 26.4 billion in

ease of 12.1 percent. Total equity witnessed an
t before and after taxation increased by 16.3 percent
Exchange Companies exhibited an expansion in their balance sheet size during the peri
review. Total assets increased by 6.1 percent to stand at Rs 8.0 billion in CY12 as compar
billion in CY11.Increases in profit before and after taxation of 63.9 percent and 61
respectively was recorded in CY12 over CY11.
CY12 turned out to be positive for insurance sector in Pakistan. The aggregate insurance b
grew sharply during CY12. Its balance sheet size expanded by 18.8 percent and reached R
billion in CY12. Profit before and after taxation increased considerably during CY12
In the housing finance sector, there has been one company available, i.e., House Building
Company Ltd. (HBFCL). Total assets witnessed an increase of around 3 percent to stand a
billion in CY12 as compared to Rs. 19.6 billion in CY11. HBFCL showed a loss before ta
Rs.172.1 million.
vii
2012
ir balance sheet size during the period under
at Rs 8.0 billion in CY12 as compared to Rs 7.6

er taxation of 63.9 percent and 61.0 percent
Pakistan. The aggregate insurance business

anded by 18.8 percent and reached Rs 597.8
ased considerably during CY12
pany available, i.e., House Building Finance

crease of around 3 percent to stand at Rs 20.1
Y11. HBFCL showed a loss before taxation of
Introduction
Statistics and Data Warehouse Department strives hard to disseminate quality sta
produces primary data but also provides secondary data with analysis to the vario
including researchers and policy makers. As the performance of financial sector r

health of an economy, standard analytical tools are used to gauge the performan
1
The analysis includes the following sectors :
?
Banks
?
DFIs
?
Investment Banks
?
Leasing Companies
?
Modaraba Companies
?
Insurance Companies
?
Consolidation is provided at the beginning of each sectors analysis. For banks, consolida
different levels. At first level, overall consolidation of all banks including foreign ba
information and ratios relating to number of ordinary shares, dividend earning per
value per share are not taken into consideration because foreign banks do not
information. The level of consolidation for banks is as follows:
?
All Banks (overall)

?
?
Local Banks
Public Sector Banks
?
?
?
Private Sector Banks

Specialized Banks
Foreign Banks
Similarly, consolidated analysis of insurance companies is also provided to reflec

Insurance Sector. The level of consolidation is as follows:
?
Insurance Companies (overall)
Since each sector has peculiar business activities, therefore, for analysis separate s
associated set of financial ratios has also been selected for each sector.
2
Sectorwise list of analyzed financial institutions is provided in a
2012
es hard to disseminate quality statistics. It not only

ary data with analysis to the various stakeholders
performance of financial sector reflects the financial

are used to gauge the performance of this vital sector.
2
?
?
?
?
Exchange Companies
Mutual Funds (close ended)
Housing Finance
Venture Capital
ctors analysis. For banks, consolidation is at
n of all banks including foreign banks is given. The

nary shares, dividend earning per share and breakup
n because foreign banks do not have such type of
is as follows:
Local Banks
Public Sector Banks
Private Sector Banks

Specialized Banks
Foreign Banks
mpanies is also provided to reflect financial health of
vities, therefore, for analysis separate set of variables was taken into consideration. Similarly, an
r each sector.
ppendix
1
at the end of the text.
Life Insurance
?
?
Non-Life Insurance
Takaful
1.1 Methodology
Methodology used for analysis is ratio analysis because it is a powerful tool to an

statements of any company. Ratio analysis measures inter-relationship between
financial statements. Ratios are taken
for as
these
guidelines
are useful in evaluating a companys
financial position and operation and making comparison with results in previous y
in the same industry. The primary objective of ratio analysis is to point out areas r
investigation. Ratios are calculated from the following financial statements and
accounts.
?
?
Balance Sheet
Profit and Loss Account
?
?
Statement of Changes in Equity

Cash Flow Statement
Total equity is computed as the sum of ordinary share capital plus reserve
appropriated profit/loss while the revaluation, intangible assets etc. are clubbed t
total equity section. For foreign banks, the ordinary share capital is replaced by h
account. Since the financial sector comprises variety of financial institutions havin
activities, therefore, variables used for analysis would be different for each sector
2012
ecause it is a powerful tool to analyze financial

sures inter-relationship between various items of the
seful in evaluating a companys
parison with results in previous years or with others

tio analysis is to point out areas requiring further
llowing financial statements and relevant notes to
nary share capital plus reserve & surplus plus unangible assets etc. arein
clubbed
others
together
of
ary share capital is replaced by head office capital

riety of financial institutions having peculiar business
would be different for each sector.
1.2 Concepts and Definitions

Banks and Development Finance Institutions (DFIs)
Following variables are used for analysis of banks & DFIs:
Shareholders Equity
The sum of following items except others is considered for analysis:
?
?
Ordinary Share Capital or Head Office Accou

Reserves
?
?
Un-appropriated Profit/Loss
Others
Liabilities
Bills Payables, borrowings and deposits being the major items contributing
liabilities of banks and DFIs are taken for analysis, the remaining heads of liabiliti
pooled under others:
?
Bills Payables
?
?
Borrowing from Financial Institutions

Deposits and Other Accounts
Others
Assets
The following items are included in the analysis. The relevant information is taken
balance sheet as well as respective notes to accounts.
?
Cash and Balances with Treasury Banks
?
?
?
Balances with Other Banks

Lending to Financial Institutions
Investment
Gross Advances

The following items are included for analysis. The relevant figures are obtained fr
and loss accounts and notes to financial statements.
?
Interest Earned
?
Interest Expensed
2012
dered for analysis:
are Capital or Head Office Account (in case of foreign bank)
ated Profit/Loss
g the major items contributing towards
s, the remaining heads of liabilities are
om Financial Institutions
d Other Accounts
The relevant information is taken from
alances with Treasury Banks

?
h Other Banks
nancial Institutions
Advances Non-Performing/Classified
?
?
?
Provision Against Advances

Advances Net of Provision
Fixed Assets
Others
e relevant figures are obtained from profit

?
?
Non-Interest Income
Non-Interest Expense
?
?
?
Net Interest Income

Provision and Write-offs
Net Interest Income after Provision
Other Items
?
No. of Ordinary Shares

Outstanding shares at end of the period as shown in bala
Cash Dividend
The amount of cash dividend is taken as the percentage d
period.
Stock Dividend/Bonus Shares
The number of bonus shares declared is also taken as p

distributed during the period.
Cash Generated from Operating Activities
The amount is taken from cash flow statement

Commitment and Contingencies
This is an off balance sheet item. The detail is given in no

the sum of all kinds of commitments and contingencies is
Leasing Companies
Following variables are involved in the analysis of leasing companies:
Shareholders Eq
uity
Shareholders equity includes
share capital, reserves and un-appropriated p
other item(s) mentioned in the balance sheet under shareholders equity is pooled under t
head others.
Liabilities
Borrowings from financial institutions and deposits with financial institutions are th
items contributing towards liabilities of leasing companies. For analysis, these two
taken separately while the remaining items of liabilities are pooled under others
?
?
?
2012
Administrative Expenses
Profit/Loss before Tax
Profit/Loss after Tax
nd of the period as shown in balance sheet.
dend is taken as the percentage declared during the
ares declared is also taken as percentage amount
Operating Activities
m cash flow statement

ngencies
eet item. The detail is given in notes to accounts and

ommitments and contingencies is taken for analysis.
of leasing companies:
, reserves and un-appropriated profit/loss. Any
areholders equity is pooled under the
ts with financial institutions are the major
ompanies. For analysis, these two items are

es are pooled under others
Assets
Assets are classified into current and non-current. Major items of non-current ass
mentioned below where remaining items of non-current assets are pooled under othe
Non-Current Assets
?
Term Deposit Certificates
?
?
Net Finance-Investment
Advances Net
?
?
Fixed Assets
Others
Current Assets
Three main items are taken for analysis while the rest are pooled under others
?
?
?
Cash and Balances with Central Bank

Balances with Other Banks
Placement with Other Banks
Others
The amounts reported under the following heads are extracted from profit and los
along with relevant notes to accounts:
?
Income from Operating Lease
?
?
Income from Investment

Income from Finances
?
?
Other Income
Other Items
?

The number of shares outstanding as on balance sheet date
Cash Dividend
The amount of cash dividend is taken as percentage of the dividend d
the period.
2012
t. Major items of non-current assets are

urrent assets are pooled under others
are pooled under others
s are extracted from profit and loss accounts
Administrative Expenses
s on balance sheet date
n as percentage of the dividend declared during
Stock Dividend
The number of bonus shares declared is also taken as pe

period.
?

The amount is taken from the cash flow statement.
Investment Banks
Following variables are used in the analysis of investment banks:
Shareholders Equity
The composition and explanation of

hareholders
s
equity is same as explained earlie
Liabilities
The amount of current and non-current liabilities is taken from the balance shee
sum of these two is the same as total liabilities of the company.
Assets
Current assets are classified into cash and bank balances and others while non
assets are divided into three heads i.e., long term investment, fixed a
Current Assets
?
?
Non-Current Assets
Cash and Banks Balances
?
Others
?
?
The following items are taken for analysis. The relevant figures are
and loss account and notes to financial statements.
?
?
Gross Revenues
Administrative and Operating Expenses
?
?
?
Operating Profit
2012
ares declared is also taken as percentage amount during the
m the cash flow statement.
vestment banks:
equity is same as explained earlier.
es is taken from the balance sheet and the

f the company.
nces and others while

-current
non
.e., long term investment, fixed assets, and others.
on-Current Assets
Long Term Investment
Fixed Assets
Others
alysis. The relevant figures are taken from profit

statements.
ating Expenses
Other Items
These include:
?
?
?
Cash Dividend
Stock Dividend
?
Mutual Funds (Close Ended)
The analysis includes the following variables:
Shareholders Equity
The composition and explanation ofhareholders
s
equity is same as explained earlie
Liabilities
As the financial activities of mutual funds are limited, the composition of liabilities
into two heads as follows:
?
?
Payable to Investment Adviser

Others
Assets
The asset base of mutual fund is also not broad, therefore, for analysis it is limite
items. These are available in the companys balance sheet and notes to financial statemen
?
?

Investment
?
Others
The following items are taken into consideration for analysis. The relevant
obtained from profit and loss account and notes to financial statements.
?
?
Interest Income
Dividend Income
?
?
?
Net Gain on Sale of Investment

?
Net Unrealized Gain
?
Income from Future
?
Transactions
Capital Gain
?
?
?
Other Income
Remuneration to Management
Co-advisor
Remuneration to Trustees/Custod
Brokerage, Commission /Fee
Administrative and General
Expenses
Other Expenses
2012
perating Activities
equity is same as explained earlier.
ited, the composition of liabilities is divided
therefore, for analysis it is limited to three
sheet and notes to financial statements.
ion for analysis. The relevant figures are

to financial statements.
Other Income
Remuneration to Management
Co-advisor
Remuneration to Trustees/Custodian
Brokerage, Commission /Fee
Administrative and General
Other Expenses
Other Items
The information on the following is extracted from the balance sheet and relevant
financial statements:
?
?
?
?

Cash Dividend
Stock Dividend
Modaraba Companies
Following variables are included in the analysis of modaraba companies:
Certificate Holders Equity

Modaraba company issues certificates instead of shares. Therefore the amoun
through issuing certificates is termed as certificate capital. For analysis, certificate holders
equity is the sum of certificate capital, reserves, and un
items under the section of certificate holders equity is pooled under the head of others.
?
Certificates Capital
?
Reserves
?
?
Others
Liabilities
These include current and non-current liabilities taken from the balance sheet.
Assets
The current and non-current assets and their break up are taken from balance sh
current assets the amount of cash and bank balances is taken separately while th
current assets are
pooled under others. Similarly, long term inves
taken individually while the remaining noncurrent assets are pooled under othe
Current Assets
?
?

Others
2012
m the balance sheet and relevant notes to
perating Activities
of modaraba companies:
of shares. Therefore the amount subscribed
pital. For analysis, certificate holders

-appropriated profit/loss. Any other
pooled under the head of others.
taken from the balance sheet.
ak up are taken from balance sheet. In case of
ances is taken separately while the remaining

others. Similarly, long term investment and fixed assets are
urrent assets are pooled under others.
anks Balances
Non-Current Assets
?
?
?
Fixed Assets
Others
The following items are taken for analysis. The relevant figures are taken from profit and loss
account and notes to financial statements.
?
Gross Revenues
?
?
?
Other Items
These include:
?
?
?
Operating Expenses
Operating Profit
No. of certificates outstanding as mentioned in balance sheet.

Cash Dividend
Stock Dividend
?
Exchange Companies
Following variables are included for analysis of exchange companies:
Shareholders Equity
?
Share Capital
?
?
Reserves
Accumulated Profit/Loss
Others
Liabilities
These include:
?
Current Liabilities
?
Non-current Liabilities
Assets
These include:
?
?
Current Assets
Others
2012
es are taken from profit and loss

Modaraba Company Management Fee
ntioned in balance sheet.
Non-Current Assets
Fixed Assets
Others

The following items are taken from profit and loss account of the company:
?
Revenues
?
?
Admin and General Expenses

Other Items
The following items are extracted mainly from notes to accounts of the company:
?
?
Cash Dividend
?
?
Stock Dividend
Housing Finance
Following variables are involved in the analysis of housing finance company:
Shareholders Equity
The total shareholders equity is taken as sum of share capital, reserves, and un
profit/loss while other items in the s hareholders equity section of balance sheet are p
under others.
?
Share Capital
?
?
Reserves
Un-appropriated profit/Loss
Others
Liabilities
These include current and non-current liabilities, the amounts of lease finance an
finance are extrac
ted from non
- current liabilities section while the remaining i
current liabilities are pooled under others.
?
Current liabilities
?
Noncurrent liabilities
10
2012
s account of the company:
tes to accounts of the company:
perating Activities
of housing finance company:
re capital, reserves, and un-appropriated

equity section of balance sheet are pooled
the amounts of lease finance and long-term

-
?
?
Lease Finance
Long Term Finance
Others
Assets
The following items of current and non-current assets are taken for analysis:
Current Assets
?
?
Non-Current Assets
Others
Profit and Loss account

The items included in the analysis are:
?
Revenue
?
Admin. and Operating Expenses
?
?
Other Expenses
Profit before Tax
Profit after Tax
?
?
Cash Dividend
Stock Dividend
Other Items
These include:
11
2012
ken for analysis:

Non-Current Assets
?
perating Activities
Investment in Housing Finance
Fixed Assets
Others
Venture Capital
Following variables are included in the analysis of venture capital:
Shareholders Equity
The shareholders equity is the sum of share capital, reserve and un
while the remaining items are pooled under others.
?
?
Share Capital
Reserves
?
?
Un Appropriated Profit/Loss
Others
Liabilities
These include current and non-current liabilities.
?
?
Current Liabilities
Non-Current Liabilities
Assets
The current and non-current assets include.
Current Assets
Non-Current Assets
?
Cash and Bank Balances
?
Investment
Others

The following items are included in the analysis.
?
?
Income
Admin. and Operating Expense
?
?
Operating Profit
Profit/Loss Before Taxation
Profit/Loss After Taxation
12
2012
of venture capital:
reserve and un
-appropriated profit/loss,
Non-Current Assets
?
Investment
?
Venture Investment
?
?
Fixed Assets
Others
Other Items
These include:
?
?

Cash Dividend
?
?
Stock Dividend
Insurance Companies
Following variables are involved in the analysis of Insurance Companies:
Shareholders Equity
These include:
?
?
Share Capital
Reserves
?
?
Others
Liabilities
These
include
:
?
?
Balance in the Statutory Fund

Outstanding Claims, Premiums Received in A
Due to Other Insurers
Other Liabilities
Assets
These include:
?
Cash and Balances with Banks
13
2012
perating Activities
of Insurance Companies:
ated Profit/Loss
he Statutory Fund
Claims, Premiums Received in Advance, Amount
13
Advances
Deposit with Banks
Investment in Govt. and Other

Securities
Investment in Securities and Properties

These include:
?
Interest/Investment Income
?
?
Net Premium
Gross Premium
Gross Claims
Other Items
These include:
?
?
?
Cash Dividend
Stock Dividend
1.3 Performance Indicators

Pakistans financial sector is an integration of institutions of diversified nature including
Leasing Companies, Modaraba Companies, Insurance Companies, Investment B

ratios used to analyze these sectors may be different in some cases as different s
business activities but some ratios are common to all sectors. Some impor
explanations are given below which may be read in combination with the analysis
separately.
Efficiency/Profitability Ratio
Spread Ratio
=
???????? ??????
???????? ???????
?!
14
Loan to Employees
Other Assets
2012
and Properties
stment Income
Net Claims
?
?
Underwriting Profit
Profit before Tax
Profit after Tax
perating Activities
tions of diversified nature including Banks DFIs,
urance Companies, Investment Banks, etc. Therefore,

erent in some cases as different sectors have peculiar
mon to all sectors. Some important ratios and their
in combination with the analysis sheet of each sector
Spread is the gap between interest rate a bank charges on loans and rate pays o
of total interest earned divided by the total interest paid to depositors as mentione
statement. This ratio is useful for Banks and DFIs.
Net Interest Margin Ratio
=
????? ???????? ?????? ? ????? ???????? ???????

????? ??????
This ratio indicates the earning capacity through core banking business by utilizin
normally borrow from savers and lend to investors. It is the ratio between the diffe
income and interest expense to total assets. It is also useful for Banks and DFIs.
Return on Assets (ROA)
??? ?????? ????? ???
????? ???????!
?
This ratio expresses the capacity of earning profit by a bank on its total assets
business. It is calculated as percentage of net profit after tax to total assets. It is u

financial sector.
Return on Equity (ROE)
?
??? ?????? ????? ???

????? ????????????
?
??????
Total Shareholders Equity (Pakistani Banks)
(Loss)
Total Shareholders Equity (Foreign Banks) =H.O Capital Account + Reserves +Unremit
This ratio expresses the return on shareholders equity. ROE is a direct measure of return
sha
reholders. It is calculated as a percentage of the net profit after tax to total Sh
is also useful for whole financial sector.
Non-Interest Income to Total Assets Ratio
?
????? ?????????? ??????

????? ???????!
Ratio on incomes earned other than mark-up e.g. capital gains, commission, fee
ratio expresses how much income is earned other than mark-up through other fun
employing total assets. It is useful for Banks and DFIs.
Financial Statement Analysis2012

of Financial Sector
harges on loans and rate pays on deposits. The amount
st paid to depositors as mentioned in the income
? ?????? ? ????? ???????? ???????

???? ??????
*100
core banking business by utilizing all assets. Banks

rs. It is the ratio between the difference of interest
also useful for Banks and DFIs.
fit by a bank on its total assets employed in the
ofit after tax to total assets. It is useful for whole
*100
= Share Capital + Reserves + Un-appropriated Profit
apital Account + Reserves +Unremitted Profit
y. ROE is a direct measure of returns to the

e of the net profit after tax to total Shareholders equity. It
??? ??????
g. capital gains, commission, fee to total assets etc. This

er than mark-up through other functions of the bank by
15
Interest Ratio
?
???????? ????
???????? ??????
?!
This ratio expresses the payment of interest mainly to depositors. The lower the r
company is burdened by debt expenses. It is useful for Banks and DFIs.
Administrative Expenses to Profit before Tax
?
?????????????? ????????
?????? ?????? ???
This ratio expresses the relationship between administrative expenses and profit
for whole financial sector.
Net Interest Income after Provision to Total Assets
??? ???????? ?????? ????? ?????????
????? ??????
This is the ratio between interests earned less provision to total assets. It is usefu
Non-Interest Expenses to Total Income

?
???????????? ????????
????? ??????
The ratio expresses the percentage of non-interest expenses to total income whic
management in applying the banks resources. It is useful for Banks and DFIs.
Administrative Expenses to Non-Interest Income
?
?????????????? ????????
???????????? ??????
This ratio expresses total administrative expenses to non-interest income. It is us

DFIs.
Earnings per Share (EPS)
?
??? ?????? ????? ???

?? ?? ???????? ??????

of Financial Sector
nly to depositors. The lower the ratio, the less the

eful for Banks and DFIs.
?? ????????
ministrative expenses and profit before tax. It is useful
?!
ovision to total assets. It is useful for Banks and DFIs.
?!
est expenses to total income which reflects efficiency of

seful for Banks and DFIs.
?? ????????
es to non-interest income. It is useful for Banks and
16
EPS is the ratio between net profit after tax to number of shares outstanding at th
shown in balance sheet and its relevant notes to accounts. It is useful for whole fi
for Modaraba Companies where certificates are issued for raising capital.
Return on Capital Employed (ROCE)
?
?????? ?????? ???

?????? ?????? ? ??????? ????????????
ROCE is a ratio that indicates the efficiency and profitability of a companys capital inve
amount of capital employed is calculated by subtracting current liabilities from tota
for whole financial sector except for banks, DFIs, Insurance, mutual fund.
Return on Revenue (ROR)
?
??? ??????
???????
?!
profitability, calculated as net inco
This is a measure of a companys
is useful for Leasing Company, Mutual Fund, etc.

Lease Ratio
?
????? ??????
????? ??????
?!
The core function of a leasing company is to earn profit from operating and financ
expresses how much portion of total income is being generated through its core b
for leasing company.
Operating Expense Ratio
????????? ???????
?
??? ??????
*100
It is a measure of operating efficiency i.e., how well the management controls its
expense ratio can be used to gauge the general health of the core or other busine
Modaraba and Investment Banks.
Gain Ratio
?
????? ?????
????? ???????
A total gain comprises gain on sales of securities, gain on re-measurement, gain

term investment, etc. It is useful for Mutual Fund.

of Financial Sector
umber of shares outstanding at the end of the year as
accounts. It is useful for whole financial sector except

issued for raising capital.
*100
tability of a companys capital investments. The

tracting current liabilities from total assets. It is useful
, Insurance, mutual fund.
profitability, calculated as net income divided by revenue. This ratio
n profit from operating and financial lease. This ratio

eing generated through its core business. It is useful
well the management controls its expenses. Operating
health of the core or other businesses. It is useful for
s, gain on re-measurement, gain on disposal of long-
17
Trading Income Ratio

?
???? ?? ???? ?? ???????????

????? ??????
?!
The core business of mutual fund is to gain from trading of shares and securities
reflects that funds are being efficiently managed. Both figures are taken from the
is useful for Mutual Fund.
Management Expenses Ratio
???????????? ?? ???????
?
????? ????????
* 100
For mutual funds management expenses ratio is calculated by dividing remunera
total expenses.
Net Investment in Finance Lease to Total Assets
??? ?????????? ?? ??????? ?????
????? ??????
?
This ratio expresses the relationship of net investment in finance lease to total as
useful for leasing companies.
Earning per Certificate
?
?????? ????? ???

?? ?? ????????????
The ratio between profits after tax to number of certificates is an important efficien
reflects how much amount is earned on each certificate. It is useful for Modaraba
Net Claims incurred Ratio
?
??? ??????
??? ???????
*100
This expresses the efficiency of insurance company and is calculated as the claim
premium. Higher ratio indicates that the incurrence of claims is more than premiu
insurance companies.

of Financial Sector
trading of shares and securities and the higher ratio

. Both figures are taken from the income statement. It
calculated by dividing remuneration to adviser by
?!
tment in finance lease to total assets. This ratio is
certificates is an important efficiency ratio because it

rtificate. It is useful for Modaraba Companies.
any and is calculated as the claim incurred on net
ce of claims is more than premium. It is useful for
18
Underwriting profit to Net profit

???????????? ??????
??? ?????? ?!
?
The ratio shows the percentage of underwriting profit as of net profit. Underwriting
underwriting income and expenses of the cost of obtaining new policies. This ra
insurance companies.
Investment Income to Net Premium
?????????? ??????
?
??? ??????? ? !
The ratio shows the relationship between investment income and net premium. T
used to measure efficiency of an insurance company.
Liquidity Ratios
Cash and Balances with Banks to Total Assets
?
???? ??? ???????? ???? ?????

????? ???????!
This ratio expresses the percentage of total assets available in the form of highly
Total Deposit and other Accounts to Total assets
????? ??????? ??? ????? ????????
????? ??????
?!
?
The ratio shows what percentage of total assets comprises total deposits and oth
Investment and Total Assets
?
????? ??????????
????? ???????!
The ratio between Investment and total assets shows investment activity with refe
assets. It indicates the portion of total assets used for investment in various venu
for banks, DFIs and insurance companies.
19
inancial Statement Analysis2012

of Financial Sector
profit as of net profit. Underwriting profit is net of
f obtaining new policies. This ratio is useful for
ment income and net premium. This is one of the ratios
ets available in the form of highly liquid assets.
comprises total deposits and other accounts.
hows investment activity with reference to its total

ed for investment in various venues. This ratio is useful
Advances and Total Assets

?
???????? ?????
????? ???????!
This ratio expresses the relationship of advances (net) to total assets. This ratio is
DFIs.
Total Liabilities to Total Assets
????? ???????????
????? ???????!
?
The ratio shows the proportion of banks assets, which are financed through debt.
for banks and DFIs.
Gross Advances to Deposits
?
????? ????????
????????
*100
The ratio expresses the percentage of gross advances to deposits and expresse
deposits in the core business of a bank, i.e., intermediation. This ratio is useful fo
Gross advances to Borrowing and Deposits
?
????? ????????
?????????? ??????????
?!
The ratio expresses the percentage of gross advances to deposits and borrowing
activity of a banking business as it reflects that advances are being made more/le
ratio is useful for banks and DFIs.
Current Ratio
?
??????? ??????
??????? ???????????
This ratio shows how many times current assets cover current liabilities and th
company to pay immediate liabilities. This ratio is used for whole financial sector
and DFIs.
Long Term Investment to Total Assets
?
???? ???? ????? ??????????

????? ??????? !
The ratio between long-term investments to total assets shows investment activity
total assets. It indicates the portion of total assets used to invest in different venu
20
inancial Statement Analysis2012

of Financial Sector
s (net) to total assets. This ratio is useful for banks and
which are financed through debt. This ratio is useful
vances to deposits and expresses the utilization of

rmediation. This ratio is useful for banks and DFIs.
ances to deposits and borrowings. This ratio shows

dvances are being made more/less than deposits. This
ets cover current liabilities and the strength of the

s used for whole financial sector except for banks
assets shows investment activity with reference to its

s used to invest in different venues.
Assets Quality Ratios

Non-Performing Loans (NPLs) to Gross Advances
?
????
????? ????????
?!
This ratio expresses the quality of loan portfolio of a bank. It shows the percentag
advances made by a bank and evaluates assets quality based on loan portfolio. T
banks and DFIs.
Provision against NPLs and Gross Advances
?
????????? ??????? ????

????? ????????
?!
The ratio between provisions against classified loans/advances to gross advance

advances of banks and DFIs.
NPLs to Equity Ratio
?
????
????? ????????????
??????
?!
Where,
Total Shareholders Equity (Pakistani Banks) = Share Capital + Reserves + Un
Total Shareholders Equity (Foreign Banks) =H.O Capital Account + Reserves
The ratio between NPLs to shareholders equity indicates the exposure of the common sh
NPLs. This ratio is useful for banks and DFIs.
NPLs write-off to NPLs Provision Ratio
?
???? ?????????
???? ?????????
?!
This ratio is calculated for banks and DFIs.

NPLs Provision to NPLs Ratio
????????? ??? ????
?
????
?!
The ratio reflects what percentage of provision has been made against NPLs. Thi
Banks and DFIs.

of Financial Sector
of a bank. It shows the percentage of NPLs as gross

quality based on loan portfolio. This ratio is useful for
oans/advances to gross advances reflects the quality of
Reserves + Un
-appropriated Profit (Loss)
unt + Reserves
+Unremitted Profit
cates the exposure of the common shareholders to
as been made against NPLs. This ratio is useful for
21
Capital/Leverage Ratios
Capital Ratio
?
????? ????????????
??????
????? ??????? !
Where,
Total Shareholders Equity
(Loss)
(Pakistani Banks)
Total Shareholders Equity (Foreign Banks) =H.O Capital Account + Reserves +Unremit
The ratio between shareholders equity and total assets expresses the percentage of equity
assets.
Contingent Liabilities and Commitment to Shareholders Equity
?
?????????? ??????????? ??? ???????????

???????????? ??????
The ra
tio between contingent liabilities and commitments to shareholders equity e
of contingent liabilities and commitments by banks.
Break-Up Value per Share
?
????? ????????????
??????
?? ?? ???????? ??????
Break-up Value is net worth per share and is an important criterion to measure fin
a company. The break-up value is calculated for whole financial sector except in
and Modaraba Companies.
Deposits to Equity Ratio
????? ????????
????? ????????????
?
??????
?
The ratio shows the relationship between total deposits in a bank to the total shareholders
Break-up Value per Certificate
???????? ??????????? ??????? ??????
?
?? ?? ???????? ????????????
Break-up value is net worth per certificate and is one of the important criteria to m
soundness of a company. This ratio is calculated for Modaraba Companies only.
Capital Ratio (Modaraba Company)
?
???????? ??????????? ??????? ??????

????? ??????
2012
= Share Capital + Reserves + Un-appropriated Profit
apital Account + Reserves +Unremitted

ts expresses the percentage of equity in total
olders Equity
????????? ??? ???????????
mmitments to shareholders equity expresses exposure
important criterion to measure financial soundness of

whole financial sector except in case of foreign banks
s in a bank to the total shareholders equity.
?
? ????????????
one of the important criteria to measure the financial
d for Modaraba Companies only.
?!
22
Profit.
The ratio expresses the percentage of equity in total assets. It is calculated for Mo
only.
Cash Flow Ratios

Cash Flow to Profit after Tax
???? ????????? ???? ????????? ??????????
=
?????? ????? ???
The ratio expresses proportions of cash being spun off from ongoing operations.
for the whole financial sector.
Cash flow to Current Liabilities Ratio
???? ????????? ???? ????????? ??????????
?
??????? ???????????
The ratio reflects cash generation strength of a company to meet current liabiliti
calculated for all sectors except investment banks, insurance companies, banks
funds.
23
2012
otal assets. It is calculated for Modaraba Companies
pun off from ongoing operations. This ratio is useful
company to meet current liabilities. This ratio is

nks, insurance companies, banks, DFIs and mutual
Review and Financial Analysis
24
ncial Analysis
201
ANKS
ERFORMANCE
G AT A
LANCE
The balance sheet size of the banking sector expanded in CY12 and total assets
from Rs. 8.3 trillion in CY11 to Rs. 9.9 trillion in CY12 showing an increase of 19.3
before taxation increased by 6.7 percent in CY12 over the previous year.
A
NALYSIS OF B
ALANCE HEET
S OMPONENTS
C
Total equity of banking sector witnessed an

increase of Rs. 66.5 billion or 8.6 percent in
CY12 over CY11. The growth in total equity
of Pakistani banks has been 9.3 percent over
the previous year whereas growth in total
equity of foreign banks was negative during
CY12 and witnessing a decrease of 4.7
percent over previous year.
A
NALYSIS OF L
IABILITIES
Total deposits rose to Rs 7.4 trillion in CY12
as compared to Rs 6.3 trillion in CY11
showing an increase of 17.2 percent. The
deposits had a share of around 82.5 percent
in total liabilities in CY12, while the
remaining components of liabilities i.e., bills
payables, borrowings and others contributed
approximately 17.5 percent share of total
liabilities.
25
2012
panded in CY12 and total assets of the sector grew

CY12 showing an increase of 19.3 percent. Profit
2 over the previous year.
Components of Balance Sheet

12000
10000
8000
Billion Rs.
2,000.%
1,500.%
1,000.%
6000
4000
2000
0
900.%
500.%
0.0%
Total SHE
CY 11
CY 12
Growth
1,900.%
2,500.%
2,000.%
776
842
900.%
Total
Liabilities
7487
8981
2,000.%
Total Assets
8295
9896
1,900.%
Share of Components in Total Liabilities
100.%
80.%
Others
Deposits
Borrowings
Bills payable
60.%
40.%
20.%
0.0
CY 11
25
CY 12
NALYSIS OF A
SSETS
Total assets of the banking sector

increased from Rs 8.3 trillion in
CY11 to Rs
9.9 trillion in CY12
registering an increase of 19.3

percent. Investment grew by 32.1
percent while gross advances by 12.2
percent in CY12.
Lending to financial institutions
5000
4500
4000
3500
3000
2500
2000
Billion Rs.
1500
1000
500
0
CY 11
CY 12
Growth
decreased by Rs 36.9 billion or 17.8

percent in CY12 over CY11. In case
of Pakistani banks, the lending decreased by 25.7 percent in CY12, however, in c
it increased by 64 percent.
Banks advances increased to Rs 4.3
trillion in CY12 showing an increase
of 12.2 percent over CY11. NPLs
increased to Rs 600.2 billion in CY12
compared to Rs 573.1 billion in
CY11. NPLs to advances ratio
decreased to 13.9 percent in CY12 as
5000
4500
4000
3500
3000
2500
2000
Billion Rs.
1000
500
0
compared to 14.9 percent in CY11.

NPL to total equity reduced from 73.9
CY 11
CY 12
Growth
percent in CY11 to 71.3 percent in

CY12. Further, NPLs provision to
NPLs increased to 71 percent in CY12 from 70 percent in CY11.
26
2012
Major Components of Assets
4,500.%
3,500.%
3,200.%
2,500.%
1,500.%
1,200.%
500.%
1,800.%
-500.%
-1,800.%
-1,500.%
-2,500.%
Cash &
Cash Equl.
896
1060
1,800.%
Lending
Investment
Advances
208
171
-1,800.%
3079
4066
3,200.%
3838
4307
1,200.%
7 percent in CY12, however, in case of foreign banks,
Analysis of Advances
1,300.%
1,200.%
1,400.%
1,200.%
1,000.%
800.%
1500
600.%
400.%
600.%
500.%
200.%
0.0%
ercent in CY11.
Adv. Gross
NPL
Provision
Adv. Net
3838
4307
1,200.%
573
600
500.%
401
426
600.%
3437
3881
1,300.%
ROFITABILITY
OAND
PERATING FFICIENCY
E
In terms of profitability of banking sector,

CY12 witnessed an increase of around 6.7
percent in profit before taxation to
Rs183.2 billion during CY12 compared to
Rs 171.7 billion in CY11. Profit after
Billion Rs.
taxation increased from Rs 115.5 billion

in CY11 to Rs 121.4 billion in CY12,
showing an increase of 5.1 percent.
Looking at the efficiency ratios, the return
50.%
45.%
40.%
35.%
30.%
25.%
on assets (ROA) and return on equity

(ROE), it is found that, ROE decreased
from 14.9 percent in CY11 to 14.4
percent in CY12 while ROA decreased
Growth
15.%
10.%
from 1.4 percent in CY11 to 1.2 percent

in CY12. Spread ratio of banking sector
decreased to 42.9 percent in CY12 from
46.1 percent in CY11.
On the income side, Interest/mark-up
income during CY12 was Rs 799.5
billion as compared to Rs 752.6 billion
in CY11 witnessing an increase of Rs
46.9 billion or 6.2 percent over CY11.
Non-interest/non-markup income also
increased from Rs 111.8 billion during
CY11 to Rs 143.5 billion during CY12,
CY 12
CY 11
depicting an increase of 28.4 percent

over CY11. Interest income to total
income decreased to 84.8 percent in

CY12 as compared to 87.1percent in CY11. Non-interest income to total income i
from 12.9 percent in CY11 to 15.2 percent in CY12.
27
2012
CY 12
CY 11
400.
350.
300.
183.2
250.
200.
150.
121.4
100.
171.7
115.5
50.
0.0
Profit Before Taxation
Profit After Taxation

CY 11
CY 12
46.1%
42.9%
20.%
14.9%
14.4%
5.%
0.0
-interest income to total income increased
1.4%
Spread Ratio ROE
ROA
Interest Income
Non-Interest Income
84.8%
15.2%
87.1%
12.9%
Percentage.
1.2%
All Banks - Overall

2008
Items
A.Total equity (A1 to A3)
505,469,823.
1.Share capital/head office capital account
277,045,918.
2.Reserves
148,257,246.
3.Un appropriated profit
80,166,659.
4.Others
62,957,129.
B.Total liabilities (B1 to B4)
5,074,573,572
1.Bills payable
69,530,488.
2.Borrowings from financial institutions
460,028,229.
3.Deposits and other accounts
4,226,432,569
4.Other/misc. liabilities
318,582,286.
C.Total assets (C1 to C4 + C8 to C10)
5,643,000,524
1.Cash and balances with treasury banks
477,615,770.
2.Balances with other banks
184,087,341.
3.Lending to financial institutions
188,414,080.
4.Investments
1,085,196,330
5.Gross advances
3,417,406,346
6.Advances-non-performing/classified
313,020,509.
7.Provision against advances
237,965,887.
8.Advances net of provision (C5 - C7)
3,179,440,459
9.Fixed assets
191,279,879.
10.Other/misc. assets
336,966,665.
D.Profit & loss account
1.Markup/interest earned
482,070,799.
2.Markup/interest expenses
246,295,314.
3.Net markup/interest income
235,775,485.
4.Provisions and write-offs
104,266,763.
5.Net markup/interest income after provisions
130,344,598.
6.Non-markup/interest income
103,289,492.
7.Non-markup/interest expenses
166,010,509.
8.Administrative expenses
160,702,985.
9.Profit/(loss) before taxation
63,261,197.
10.Profit/(loss) after taxation
43,415,974.
E.Other items
1.Cash generated from operating activities
1,849,272.
2.Commitments and contigencies
2,565,591,273
F.Efficiency ratios/profitability ratios
1.Spread ratio (D3/D1)
48.91%
2.Net markup/interest margin (D1-D2)/C
4.18%
3.Return on equity (ROE) (D10/A)
8.59%
4.Return on assets (ROA) (D10/C)
.77%
5.Non-markup/interest income to total assets (D6/C)
1.83%
6.Net markup/interest income(after provisions) to total assets(D5/C)
2.31%
7.Markup/interest expense to markup/interest income (D2/D1)
51.09%
8.Admin. expesne to profit before tax. (D8/D9)(times)
2.54
9.Non-markup/interest expense to total income D7/(D1+D6)
28.36%
10.Admin. expense to non-markup/interest income(D8/D6)(times)
1.56
G.Liquidity ratios
1.Cash & cash equivalent to total assets (C1+C2)/C
11.73%
2.Investment to total assets (C4/C)
19.23%
3.Advances net of provisions to total assets (C8/C)
56.34%
4.Deposits to total assets (B3/C)
74.9%
5.Total liabilities to total assets (B/C)
89.93%
6.Gross advances to deposits (C5/B3)
80.86%
7.Gross advances to borrowing & deposits C5/(B2+B3)
72.92%
H.Assets quality ratios
1.Non-performing loans to gross advances (C6/C5)
9.16%
2.Provision against NPLs to gross advances (C7/C5)
6.96%
3.NPLs to total equity (C6/A)
61.93%
4.NPLs write off to NPLs provision (D4/C7)
43.82%
5.Provision against NPL to NPLs (C7/C6)
76.02%
I.Capital /leverage ratios
1.Capital ratio (A/C)
8.96%
2.Commitments & contingencies to total equity (E2/A) (times)

5.08
3.Total deposit to total equity (B3/A) (times)
8.36
J.Cash flow ratio
1.Cash generated from operating activities to profit after tax (E1/D10) (times) .04
28
2012
(Thousand Rupees)
2009
2010
2011
2012
582,598,286. 608,877,873. 775,509,119. 841,961,117.
322,555,374. 348,918,576. 452,485,660. 466,753,970.
163,552,147. 180,810,459. 188,764,710. 215,437,093.
96,490,765. 79,148,838. 134,258,749. 159,770,054.
84,003,150. 88,918,247. 32,403,813. 73,986,937.
5,864,049,2576,487,089,8327,487,012,7408,980,526,575
71,535,885. 75,421,757. 85,260,553. 112,340,488.
659,274,039. 550,000,562. 683,657,769. 1,032,462,262
4,797,876,2145,513,917,0206,322,351,4447,412,335,990
335,363,119. 347,750,493. 395,742,974. 423,387,834.
6,530,650,6937,184,885,9528,294,925,6729,896,474,628
537,292,488. 595,747,162. 702,543,369. 842,600,994.
195,972,436. 180,559,909. 193,122,487. 217,533,957.
238,445,016. 214,680,843. 207,550,849. 170,628,139.
1,708,679,9332,175,903,4293,079,015,0434,065,901,747
3,564,239,8243,789,016,1353,838,001,9194,306,883,138
425,320,610. 562,428,103. 573,055,250. 600,208,608.
304,669,387. 372,648,121. 400,846,488. 426,045,957.
3,259,570,4373,416,368,0143,437,155,4313,880,837,181
192,043,955. 203,626,548. 218,291,515. 225,158,715.
398,646,428. 398,000,047. 457,246,978. 493,813,895.
593,703,103.
326,058,617.
276,157,706.
113,917,187.
162,212,990.
106,091,369.
190,059,825.
182,414,959.
69,304,886.
48,198,550.
630,569,606.
337,669,590.
287,472,434.
78,361,932.
212,455,704.
105,468,634.
207,934,611.
201,053,704.
113,795,360.
71,158,233.
752,638,230.
407,410,190.
346,556,416.
60,554,101.
298,589,035.
111,791,427.
233,025,411.
228,321,908.
171,693,258.
115,504,513.
799,520,878.
456,268,314.
343,252,564.
39,757,645.
303,494,918.
143,507,792.
252,070,262.
258,767,558.
183,228,944.
121,437,317.
604,337,114. 502,982,911. 1,036,423,9161,160,622,157

3,078,623,5573,121,226,5833,725,659,7083,815,235,353
46.51%
4.1%
8.27%
.74%
1.62%
2.48%
54.92%
2.63
27.16%
1.72
45.59%
4.08%
11.69%
.99%
1.47%
2.96%
53.55%
1.77
28.25%
1.91
46.05%
4.16%
14.89%
1.39%
1.35%
3.6%
54.13%
1.33
26.96%
2.04
42.93%
3.47%
14.42%
1.23%
1.45%
3.07%
57.07%
1.41
26.73%
1.8
11.23%
26.16%
49.91%
73.47%
89.79%
74.29%
65.31%
10.8%
30.28%
47.55%
76.74%
90.29%
68.72%
62.48%
10.8%
37.12%
41.44%
76.22%
90.26%
60.71%
54.78%
10.71%
41.08%
39.21%
74.9%
90.74%
58.1%
51.%
11.93%
8.55%
73.%
37.39%
71.63%
14.84%
9.83%
92.37%
21.03%
66.26%
14.93%
10.44%
73.89%
15.11%
69.95%
13.94%
9.89%
71.29%
9.33%
70.98%
8.92%
8.47%
9.35%
8.51%
5.28
8.24
5.13
9.06
4.8
8.15
4.53
8.8
12.54
7.07
8.97
9.56
Local Banks - Overall

Items
1.Share capital
2.Reserves
4.Others
B.Total liabilities(B1 to B4)
1.Bills payable
4.Investments
5.Gross advances
8.Advances net of provision (C5-C7)
9.Fixed assets
2.Markup/interest expensed
E.Other items
1.No. of ordinary shares (000)
2.Cash dividend
3.Stock dividend/bonus shares
6.Net markup/interest income(after prov.) to total assets(D5/C)
8.Admin. expense to profit before tax. (D8/D9) (times)
10.Admin. expense to non-markup/interest income (D8/D6) (times)
11.Earning per share (D10/E1)
G.Liquidity ratios
7.Gross advances to borrowing & deposit C5/(B2+B3)
1.Non-performing loan to gross advances (C6/C5)
2.Provisions against NPLs to gross advances (C7/C5)
3.NPLs to shareholders equity (C6/A)
2008
470,965,547.
244,915,598.
148,181,461.
77,868,488.
63,489,982.
4,873,983,320
65,107,084.
442,681,300.
4,078,494,404
287,700,532.
5,408,438,849
442,680,478.
165,718,117.
158,500,096.
1,062,603,406
3,312,965,635
309,884,247.
235,446,658.
3,077,518,977
187,582,375.
313,835,400.
463,838,210.
237,196,646.
226,641,564.
99,698,545.
125,735,437.
97,517,397.
155,635,765.
150,384,735.
63,254,685.
42,765,351.
24,452,483.
N/A
N/A
-30881293
2,165,108,445
48.86%
4.19%
9.08%
.79%
1.8%
2.32%
51.14%
2.38
27.72%
1.54
1.75
11.25%
19.65%
56.9%
75.41%
90.12%
81.23%
73.28%
9.35%
7.11%
65.8%
4.NPLs write off to NPLs provisions (D4/C7)

42.34%
75.98%
8.71%
4.6
3.Break up value per share (A/E1)
19.26
8.66
J.Cash flow ratio
1.Cash generated from opration activities to profit after tax (E4/D10) (times) -.72
29
2012
(Thousand Rupees)
2009
2010
2011
2012
546,749,512. 574,079,220. 732,822,285. 801,196,356.
287,671,156. 314,927,769. 413,765,907. 425,604,902.
163,459,432. 180,684,886. 188,615,424. 215,282,161.
95,618,924. 78,466,565. 130,440,954. 160,309,293.
84,112,627. 89,209,049. 32,560,623. 73,968,598.
5,658,751,9476,288,344,3147,274,267,7808,774,618,907
67,938,226. 69,858,475. 81,275,225. 108,655,410.
642,543,459. 534,575,425. 662,193,418. 1,008,646,671
4,636,939,7845,357,586,2276,154,480,6177,253,632,928
311,330,478. 326,324,187. 376,318,520. 403,683,897.
6,289,614,0866,951,632,5838,039,650,6889,649,783,860
502,499,262. 562,952,621. 664,067,126. 800,866,895.
179,702,590. 176,488,166. 188,693,849. 203,531,469.
206,327,062. 178,200,677. 189,196,778. 140,525,618.
1,656,307,3232,096,093,7322,965,633,6393,980,382,885
3,469,125,9543,717,521,1463,764,786,3554,239,011,224
418,929,619. 553,335,344. 565,454,728. 591,096,037.
299,881,001. 366,781,129. 394,042,579. 417,495,723.
3,169,244,9533,350,740,0173,370,743,7763,821,515,501
188,454,465. 201,403,429. 216,115,028. 223,417,378.
387,078,431. 385,753,941. 445,200,492. 479,544,114.
571,440,077.
313,861,482.
266,091,815.
109,190,178.
156,872,452.
100,482,691.
178,005,794.
170,516,859.
70,155,458.
49,007,928.
610,157,558.
332,575,929.
277,581,629.
75,740,441.
205,142,052.
100,630,451.
198,397,770.
191,692,767.
111,748,712.
70,198,522.
728,610,517.
395,227,090.
334,711,803.
59,207,308.
288,049,027.
107,240,006.
223,295,265.
218,688,135.
166,092,836.
111,843,855.
779,055,794.
446,233,606.
332,822,188.
37,855,378.
294,966,809.
138,829,871.
240,623,490.
247,400,635.
182,312,568.
121,664,530.
28,727,998. 31,439,491. 41,323,258. 1,890,664,116

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
577,721,142. 490,297,865. 1,008,200,0551,151,029,859
2,689,531,5352,675,985,7763,269,242,9503,406,703,080
46.57%
4.1%
8.96%
.78%
1.6%
2.49%
54.92%
2.43
26.49%
1.7
1.71
45.49%
3.99%
12.23%
1.01%
1.45%
2.95%
54.51%
1.72
27.91%
1.9
2.23
45.94%
4.15%
15.26%
1.39%
1.33%
3.58%
54.24%
1.32
26.71%
2.04
2.71
42.72%
3.45%
15.19%
1.26%
1.44%
3.06%
57.28%
1.36
26.21%
1.78
.06
10.85%
26.33%
50.39%
73.72%
89.97%
74.81%
65.71%
10.64%
30.15%
48.2%
77.07%
90.46%
69.39%
63.09%
10.61%
36.89%
41.93%
76.55%
90.48%
61.17%
55.23%
10.41%
41.25%
39.6%
75.17%
90.93%
58.44%
51.31%
12.08%
8.64%
76.62%
14.88%
9.87%
96.39%
15.02%
10.47%
77.16%
13.94%
9.85%
73.78%
36.41%
71.58%
20.65%
66.29%
15.03%
69.69%
9.07%
70.63%
8.69%
4.92
19.03
8.48
8.26%
4.66
18.26
9.33
9.12%
4.46
17.73
8.4
8.3%
4.25
.42
9.05
11.79
6.98
9.01
9.46
Public Sector Banks - Overall

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
93,237,138.
18,544,359.
29,033,178.
45,659,601.
18,749,454.
930,323,564.
11,663,371.
53,675,530.
819,683,051.
45,301,612.
1,042,310,156
119,322,457.
44,286,770.
20,394,708.
204,784,000.
629,389,241.
102,628,919.
68,723,074.
560,666,167.
28,051,915.
64,804,139.
82,390,735.
42,609,185.
39,781,550.
30,489,527.
9,292,023.
21,028,786.
23,756,378.
21,993,798.
6,564,431.
5,642,453.
1,854,436.
N/A
N/A
-45155885
294,175,142.
48.28%
3.82%
6.05%
.54%
2.02%
.89%
51.72%
3.35
22.97%
1.05
3.04
15.7%
19.65%
53.79%
78.64%
89.26%
76.78%
72.07%
16.31%
10.92%
110.07%

44.37%
66.96%
8.95%
3.16
50.28
8.79
J.Cash flow ratio
1.Cash generated from opration activities to profit after tax (E4/D10) (times)
-8.
30
2012
(Thousand Rupees)
2009
2010
2011
2012
107,010,826. 105,265,258. 127,790,619. 136,971,590.
21,339,327. 24,030,254. 41,414,298. 44,283,634.
31,486,173. 27,923,238. 29,284,865. 33,051,513.
54,185,326. 53,311,766. 57,091,456. 59,636,443.
24,580,515. 40,149,918. 41,572,689. 56,469,348.
1,049,639,6781,185,232,5281,398,775,9301,651,789,530
12,159,963.
8,970,578. 10,375,239. 17,151,226.
62,285,275. 35,045,634. 76,090,790. 151,891,929.
926,628,132. 1,087,487,5211,248,188,2621,414,856,825
48,566,308. 53,728,795. 64,121,639. 67,889,550.
1,181,231,0191,330,647,7041,568,139,2381,845,230,468
129,608,813. 135,642,657. 153,973,974. 182,782,467.
33,955,399. 36,122,514. 34,010,092. 36,706,462.
23,263,730. 33,849,174. 65,732,828. 20,184,313.
262,331,351. 380,720,883. 479,342,863. 588,083,288.
702,632,358. 718,055,264. 789,506,985. 967,793,422.
118,528,163. 168,813,094. 166,497,486. 163,435,430.
80,452,578. 93,825,342. 97,029,696. 102,918,240.
622,179,780. 624,229,922. 692,477,289. 864,875,182.
29,890,350. 32,465,159. 34,777,267. 36,342,749.
80,001,596. 87,617,395. 107,824,925. 116,256,007.
100,164,255. 112,480,667. 129,208,288. 140,932,616.
59,860,679. 67,660,293. 77,609,982. 88,827,251.
40,303,576. 44,820,374. 51,382,142. 52,105,365.
32,491,627. 13,736,092. 12,227,283.
7,498,858.
7,811,949. 31,729,814. 44,341,083. 44,606,507.
23,742,739. 20,153,147. 22,933,945. 29,593,719.
28,073,776. 32,695,068. 34,248,745. 32,192,707.
26,787,981. 31,644,453. 37,487,659. 44,823,212.
3,480,912. 31,592,317. 29,426,910. 28,522,167.
6,672,253. 22,372,156. 19,900,186. 19,839,142.
2,133,932.
N/A
N/A
974,839.
290,828,179.
2,403,025.
N/A
N/A
126,587,260.
453,490,628.
4,141,429.
N/A
N/A
107,777,017.
598,692,114.
1,852,589,678
N/A
N/A
132,675,084.
669,675,039.
40.24%
3.41%
6.24%
.56%
2.01%
.66%
59.76%
7.7
22.66%
1.13
3.13
39.85%
3.37%
21.25%
1.68%
1.51%
2.38%
60.15%
1.
24.65%
1.57
9.31
39.77%
3.29%
15.57%
1.27%
1.46%
2.83%
60.07%
1.27
22.51%
1.63
4.81
36.97%
2.82%
14.48%
1.08%
1.6%
2.42%
63.03%
1.57
18.88%
1.51
.01
13.85%
22.21%
52.67%
78.45%
88.86%
75.83%
71.05%
12.91%
28.61%
46.91%
81.73%
89.07%
66.03%
63.97%
11.99%
30.57%
44.16%
79.6%
89.2%
63.25%
59.62%
11.89%
31.87%
46.87%
76.68%
89.52%
68.4%
61.77%
16.87%
11.45%
110.76%
23.51%
13.07%
160.37%
21.09%
12.29%
130.29%
16.89%
10.63%
119.32%
40.39%
67.88%
14.64%
55.58%
12.6%
58.28%
7.29%
62.97%
9.06%
2.72
50.15
8.66
7.91%
4.31
43.81
10.33
8.15%
4.68
30.86
9.77
7.42%
4.89
.07
10.33
.15
5.66
5.42
6.69
FIRST WOMEN BANK LIMITED

2008
Items
1,135,800.
1.Share capital
283,650.
2.Reserves
228,540.
623,610.
-32767
4.Others
6,200,688.
1.Bills payable
101,993.
27,140.
5,939,308.
132,247.
7,303,721.
575,929.
400,761.
350,849.
4.Investments
2,264,088.
5.Gross advances
3,409,842.
105,512.
105,512.
3,304,330.
9.Fixed assets
174,833.
232,931.
736,103.
212,601.
523,502.
50,153.
473,349.
90,343.
373,249.
367,798.
190,443.
106,020.
E.Other items
28,365.
2.Cash dividend
0.0
0.0
-930303
202,048.
71.12%
7.17%
9.33%
1.45%
1.24%
6.48%
28.88%
1.93
45.16%
4.07
3.74
G.Liquidity ratios
13.37%
31.%
45.24%
81.32%
84.9%
57.41%
57.15%
3.09%
3.09%
9.29%

47.53%
100.%
15.55%
.18
40.04
5.23
J.Cash flow ratio
1.Cash generated from opration activities to profit after tax (E4/D10) (times) -8.77
31
2012
(Thousand Rupees)
2009
2010
2011
2012
1,058,318.
1,084,517.
1,645,428.
1,991,641.
283,650.
283,650.
1,080,038.
1,494,113.
228,540.
233,282.
284,991.
293,863.
546,128.
567,585.
280,399.
203,665.
35,049.
21,504.
74,136.
85,599.
9,164,693. 11,597,139. 14,408,971. 20,413,560.
89,020.
102,182.
96,417.
548,727.
31,328.
966,885.
51,100.
73,340.
8,756,793. 10,195,214. 13,814,854. 19,193,344.
287,552.
332,858.
446,600.
598,149.
10,258,060. 12,703,160. 16,128,535. 22,490,800.
713,140.
836,311.
973,701.
1,188,234.
586,849.
600,228.
561,555.
636,034.
1,136,025.
926,323.
1,605,946.
4,219,779.
4,097,423.
3,430,251.
4,730,434.
7,263,885.
3,481,854.
6,535,694.
7,901,127.
8,573,327.
207,633.
430,232.
523,443.
612,714.
207,633.
227,554.
200,064.
238,684.
3,274,221.
6,308,140.
7,701,063.
8,334,643.
203,972.
188,248.
229,344.
239,084.
246,430.
413,659.
326,492.
609,141.
896,476.
408,000.
488,476.
179,549.
308,927.
66,879.
462,060.
451,930.
-86254
-80101
1,374,548.
763,841.
610,707.
76,899.
533,808.
57,141.
536,272.
533,679.
54,677.
23,711.
1,918,759.
1,176,451.
742,308.
5,475.
747,783.
253,719.
601,399.
600,986.
400,103.
258,547.
1,798,231.
1,037,893.
760,338.
50,508.
709,830.
95,581.
716,920.
716,657.
88,491.
43,556.
28,365.
28,365.
0.0
0.0
0.0
0.0
2,108,232. -521807
226,087.
201,272.
108,004.
0.0
0.0
1,070,465.
297,230.
149,411.
0.0
0.0
2,531,961.
807,143.
54.49%
4.76%
-7.57%
-.78%
.65%
3.01%
45.51%
-5.24
47.96%
6.76
-2.82
44.43%
4.81%
2.19%
.19%
.45%
4.2%
55.57%
9.76
37.46%
9.34
.84
38.69%
4.6%
15.71%
1.6%
1.57%
4.64%
61.31%
1.5
27.68%
2.37
2.39
42.28%
3.38%
2.19%
.19%
.42%
3.16%
57.72%
8.1
37.86%
7.5
.29
12.67%
39.94%
31.92%
85.37%
89.34%
39.76%
39.62%
11.31%
27.%
49.66%
80.26%
91.29%
64.11%
58.55%
9.52%
29.33%
47.75%
85.65%
89.34%
57.19%
56.98%
8.11%
32.3%
37.06%
85.34%
90.76%
44.67%
44.5%
5.96%
5.96%
19.62%
6.58%
3.48%
39.67%
6.62%
2.53%
31.81%
7.15%
2.78%
30.76%
86.47%
100.%
33.79%
52.89%
2.74%
38.22%
21.16%
38.96%
10.32%
.21
37.31
8.27
8.54%
.19
38.23
9.4
10.2%
.18
15.23
8.4
8.86%
.41
13.33
9.64
-26.32
-22.01
4.14
58.13
NATIONAL BANK OF PAKISTAN

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
81,367,002.
8,969,751.
19,941,047.
52,456,204.
21,092,216.
715,299,108.
10,219,061.
40,458,926.
624,939,016.
39,682,105.
817,758,326.
106,503,756.
38,344,608.
17,128,032.
170,822,491.
457,828,029.
56,502,583.
44,841,164.
412,986,865.
24,217,655.
47,754,919.
60,942,798.
23,884,768.
37,058,030.
10,970,814.
26,087,216.
16,415,862.
19,502,080.
18,171,198.
23,000,998.
15,458,590.
896,975.
65.%
20.%
2,532,681.
241,861,468.
60.81%
4.53%
19.%
1.89%
2.01%
3.19%
39.19%
.79
25.21%
1.11
17.23
17.71%
20.89%
50.5%
76.42%
87.47%
73.26%
68.81%
12.34%
9.79%
69.44%

24.47%
79.36%
9.95%
2.97
90.71
7.68
J.Cash flow ratio
.16
32
2012
2009
95,855,355.
10,763,702.
23,395,059.
61,696,594.
24,937,197.
825,460,717.
10,621,169.
44,828,138.
727,513,013.
42,498,397.
946,253,269.
116,668,514.
28,786,397.
19,683,526.
217,596,037.
531,103,507.
71,174,034.
55,765,068.
475,338,439.
25,200,870.
62,979,486.
78,124,796.
40,448,291.
37,676,505.
11,820,292.
25,856,213.
19,109,332.
23,766,703.
22,816,665.
21,198,842.
17,449,042.
(Thousand Rupees)
2010
2011
2012
105,687,665. 112,671,683. 119,434,799.
13,454,629. 16,818,285. 18,500,114.
25,129,425. 26,212,505. 30,305,210.
67,103,611. 69,640,893. 70,629,475.
25,611,167. 23,282,533. 36,743,263.
906,719,635. 1,019,012,2061,159,982,395
8,006,631.
9,104,710. 14,367,639.
19,657,207. 27,671,745. 51,112,248.
832,134,054. 927,410,553. 1,038,094,985
46,921,743. 54,825,198. 56,407,523.
1,038,018,4671,154,966,4221,316,160,457
115,657,025. 131,843,344. 158,756,638.
30,743,368. 28,070,350. 30,895,173.
23,051,171. 43,973,531.
8,280,997.
301,078,498. 319,353,392. 342,964,635.
540,130,378. 595,630,955. 734,349,374.
86,871,353. 88,391,640. 89,159,413.
61,243,623. 67,509,359. 73,349,374.
478,886,755. 528,121,596. 661,000,000.
27,620,697. 29,064,564. 29,714,221.
60,980,953. 74,539,645. 84,548,793.
88,681,381.
45,169,744.
43,511,637.
10,009,482.
33,502,155.
18,150,883.
27,030,751.
26,732,045.
24,622,287.
17,738,405.
95,956,361. 101,125,889.
48,566,973. 56,552,485.
47,173,224. 44,573,404.
9,358,165.
8,019,096.
37,815,059. 36,554,308.
19,738,325. 24,804,561.
28,131,683. 24,063,424.
30,945,203. 36,733,708.
26,131,683. 24,063,424.
17,724,846. 16,887,057.
1,076,370.
1,345,463.
1,681,828. 1,850,011,327
75.%
75.%
75.%
70.%
25.%
25.%
10.%
15.%
40,806,019. 92,320,340. 41,816,805. 60,861,739.
236,732,608. 405,881,788. 520,889,243. 520,100,721.
48.23%
3.98%
18.2%
1.84%
2.02%
2.73%
51.77%
1.08
24.44%
1.19
16.21
49.07%
4.19%
16.78%
1.71%
1.75%
3.23%
50.93%
1.09
25.3%
1.47
13.18
49.16%
4.1%
15.73%
1.53%
1.71%
3.27%
50.61%
1.18
24.32%
1.57
10.54
44.08%
3.39%
14.14%
1.28%
1.88%
2.78%
55.92%
1.53
19.11%
1.48
.01
15.37%
23.%
50.23%
76.88%
87.23%
73.%
68.77%
14.1%
29.01%
46.13%
80.17%
87.35%
64.91%
63.41%
13.85%
27.65%
45.73%
80.3%
88.23%
64.23%
62.36%
14.41%
26.06%
50.22%
78.87%
88.13%
70.74%
67.42%
13.4%
10.5%
74.25%
16.08%
11.34%
82.2%
14.84%
11.33%
78.45%
12.14%
9.99%
74.65%
21.2%
78.35%
16.34%
70.5%
13.86%
76.38%
10.93%
82.27%
10.13%
2.47
89.05
7.59
10.18%
3.84
78.55
7.87
9.76%
4.62
66.99
8.23
9.07%
4.35
.06
8.69
2.34
5.2
2.36
3.6
SINDH BANK LTD.

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios

J.Cash flow ratio
33
2012
2010
-
(Thousand Rupees)
2011
2012
10,749,561. 11,037,333.
10,000,000. 10,000,000.
149,912.
327,466.
599,649.
709,867.
-86548
50,855.
37,067,110. 81,202,911.
42,251.
176,125.
13,012,647. 48,602,402.
23,517,740. 31,469,652.
494,472.
954,732.
47,730,123. 92,291,099.
1,655,815.
2,430,525.
243,519.
424,573.
10,905,410.
4,619,591.
26,081,535. 62,631,024.
7,259,330. 19,281,888.
0.0
0.0
0.0
0.0
7,259,330. 19,281,888.
584,054.
1,556,804.
1,000,460.
1,346,694.
3,704,280.
2,241,345.
1,462,935.
31,382.
1,431,553.
222,183.
513,773.
513,773.
1,139,963.
749,561.
6,141,198.
4,102,783.
2,038,415.
1,069.
2,037,346.
526,717.
1,277,636.
1,277,607.
1,286,427.
88,772.
1,000,000.
0.0
0.0
18,654,331.
25,311,295.
1,000,000.
6.%
0.0
38,872,837.
65,855,409.
39.49%
3.07%
6.97%
1.57%
.47%
3.%
60.51%
.45
13.08%
2.31
.75
33.19%
2.21%
.8%
.1%
.57%
2.21%
66.81%
.99
19.16%
2.43
.09
3.98%
54.64%
15.21%
49.27%
77.66%
30.87%
19.87%
3.09%
67.86%
20.89%
34.1%
87.99%
61.27%
24.08%
0.0
0.0
0.0
0.0
0.0
0.0
22.52%
2.35
10.75
2.19
11.96%
5.97
11.04
2.85
24.89
437.9
THE BANK OF KHYBER

2008
Items
5,677,816.
1.Share capital
4,002,984.
2.Reserves
1,436,359.
238,473.
-996600
4.Others
26,657,773.
1.Bills payable
122,516.
910,691.
24,732,195.
892,371.
31,338,989.
1,557,715.
3,362,946.
2,282,494.
4.Investments
8,985,441.
5.Gross advances
14,925,119.
3,331,487.
2,281,305.
12,643,814.
9.Fixed assets
187,589.
2,318,990.
2,958,865.
1,897,816.
1,061,049.
238,593.
822,456.
339,755.
956,315.
654,869.
205,896.
137,348.
E.Other items
400,298.
2.Cash dividend
25.%
0.0
1,626,745.
5,208,484.
35.86%
3.39%
2.42%
.44%
1.08%
2.62%
64.14%
3.18
28.99%
1.93
.34
G.Liquidity ratios
15.7%
28.67%
40.35%
78.92%
85.06%
60.35%
58.2%
22.32%
15.29%
58.68%

10.46%
68.48%
18.12%
.92
14.18
4.36
J.Cash flow ratio
1.Cash generated from opration activities to profit after tax (E4/D10) (times) 11.84
34
2012
(Thousand Rupees)
2009
2010
2011
2012
5,040,633.
5,604,119.
9,700,427. 10,775,628.
5,004,001.
5,004,001.
8,228,001.
9,001,433.
435,342.
548,039.
722,501.
937,541.
-398710
52,079.
749,925.
836,654.
921,664.
3,796,254.
665,067.
951,171.
32,848,273. 41,393,930. 58,058,972. 70,450,839.
229,973.
280,665.
281,292.
558,026.
5,147,036.
2,894,759. 10,391,732.
7,420,113.
26,285,794. 36,981,351. 45,548,423. 60,043,083.
1,185,470.
1,237,155.
1,837,525.
2,429,617.
38,810,570. 50,794,303. 68,424,466. 82,177,638.
1,542,102.
5,079,720.
2,802,781.
3,108,819.
2,403,698.
1,502,684.
1,527,561.
1,649,512.
1,810,846.
2,562,093.
1,800,566.
1,501,000.
17,925,911. 19,852,730. 36,684,689. 45,671,700.
14,820,746. 21,272,033. 25,284,711. 29,708,787.
4,457,159.
4,117,581.
3,938,731.
4,334,605.
2,984,784.
3,033,700.
2,996,912.
3,016,021.
11,835,962. 18,238,333. 22,287,799. 26,692,766.
1,013,670.
1,121,554.
1,301,822.
1,359,149.
2,278,381.
2,437,189.
2,019,248.
2,194,692.
3,390,014.
2,390,388.
999,626.
1,261,819.
-262193
383,702.
920,279.
719,453.
-798770
-637183
4,207,155.
2,925,066.
1,282,089.
322,766.
1,604,855.
59,677.
951,391.
943,680.
713,141.
563,486.
6,946,827.
4,551,942.
2,394,885.
244,624.
2,150,261.
730,010.
1,285,458.
1,468,480.
1,285,458.
872,308.
7,204,937.
4,611,172.
2,593,765.
178,113.
2,415,652.
976,115.
1,569,218.
1,657,560.
1,569,218.
1,075,201.
500,400.
0.0
0.0
6,445,596.
6,966,342.
500,400.
0.0
0.0
1,804,102.
7,560,301.
822,800.
0.0
0.0
13,250,791.
9,270,649.
900,143.
0.0
9.4%
9,862,004.
14,977,927.
29.49%
2.58%
-12.64%
-1.64%
.99%
-.68%
70.51%
-.9
24.39%
1.88
-1.27
30.47%
2.52%
10.05%
1.11%
.12%
3.16%
69.53%
1.32
22.3%
15.81
1.13
34.47%
3.5%
8.99%
1.27%
1.07%
3.14%
65.53%
1.14
16.74%
2.01
1.06
36.%
3.16%
9.98%
1.31%
1.19%
2.94%
64.%
1.06
19.18%
1.7
1.19
10.17%
46.19%
30.5%
67.73%
84.64%
56.38%
47.15%
12.96%
39.08%
35.91%
72.81%
81.49%
57.52%
53.35%
6.33%
53.61%
32.57%
66.57%
84.85%
55.51%
45.2%
5.79%
55.58%
32.48%
73.06%
85.73%
49.48%
44.04%
30.07%
20.14%
88.42%
19.36%
14.26%
73.47%
15.58%
11.85%
40.6%
14.59%
10.15%
40.23%
42.28%
66.97%
10.64%
73.68%
8.16%
76.09%
5.91%
69.58%
12.99%
1.38
10.07
5.21
11.03%
1.35
11.2
6.6
14.18%
.96
11.79
4.7
13.11%
1.39
11.97
5.57
-10.12
3.2
15.19
9.17
THE BANK OF PUNJAB

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
5,056,520.
5,287,974.
7,427,232.
-7658686
-1313395
182,165,995.
1,219,801.
12,278,773.
164,072,532.
4,594,889.
185,909,120.
10,685,057.
2,178,455.
633,333.
22,711,980.
153,226,251.
42,689,337.
21,495,093.
131,731,158.
3,471,838.
14,497,299.
17,752,969.
16,614,000.
1,138,969.
19,229,967.
-18090998
4,182,826.
2,924,734.
2,799,933.
-16832906
-10059505
528,797.
0.0
-48385008
46,903,142.
6.42%
.61%
-198.94%
-5.41%
2.25%
-9.73%
93.58%
-.17
13.33%
.67
-19.02
6.92%
12.22%
70.86%
88.25%
97.99%
93.39%
86.89%
27.86%
14.03%
844.24%

89.46%
50.35%
2.72%
9.28
9.56
32.45
J.Cash flow ratio
35
2012
2010
-7111043
5,287,974.
2,012,492.
-14411509
10,720,993.
225,521,824.
581,100.
11,526,783.
208,176,902.
5,237,039.
229,131,774.
14,069,601.
3,276,234.
7,309,587.
56,359,404.
150,117,159.
77,393,928.
29,320,465.
120,796,694.
3,534,660.
23,785,594.
(Thousand Rupees)
2011
2012
-6976480
-6267811
5,287,974.
5,287,974.
1,914,956.
1,187,433.
-14179410
-12743218
17,637,501. 18,638,460.
270,228,671. 319,739,825.
850,569.
1,500,709.
24,963,566. 44,683,826.
237,896,692. 266,055,761.
6,517,844.
7,499,529.
280,889,692. 332,110,474.
16,698,333. 17,298,251.
3,607,107.
3,101,170.
7,447,375.
1,562,946.
92,492,813. 129,552,044.
153,430,862. 175,880,046.
73,643,672. 69,328,698.
26,323,361. 26,314,161.
127,107,501. 149,565,885.
3,597,483.
3,473,491.
29,939,080. 27,556,687.
17,752,969. 18,217,583.
16,614,000. 18,801,642.
1,138,969. -584059
19,229,967.
3,326,945.
-18090998
-3911004
4,182,826.
1,885,446.
2,924,734.
4,176,654.
2,799,933.
3,435,049.
-16832906
6,202,212.
-10059505
4,046,554.
20,682,061. 24,662,361.
21,073,271. 22,522,918.
-391210
2,139,443.
2,587,637. -749928
2,196,427.
2,889,371.
1,989,708.
3,190,745.
3,716,432.
4,565,509.
3,959,217.
4,437,680.
469,703.
1,514,607.
294,924.
1,744,556.
2009
5,056,520.
5,287,974.
7,427,232.
-7658686
-1313395
182,165,995.
1,219,801.
12,278,773.
164,072,532.
4,594,889.
185,909,120.
10,685,057.
2,178,455.
633,333.
22,711,980.
153,226,251.
42,689,337.
21,495,093.
131,731,158.
3,471,838.
14,497,299.
528,797.
0.0
528,797.
0.0
-48385008
32,984,625.
46,903,142. 39,847,267.
0.0
528,797.
0.0
0.0
32,984,625.
42,923,697.
528,797.
0.0
0.0
20,546,543.
67,933,839.
6.42%
.61%
-198.94%
-5.41%
2.25%
-9.73%
93.58%
-.17
13.33%
.67
-19.02
-3.21%
-.25%
-56.91%
1.77%
.82%
-1.71%
103.21%
.55
20.78%
1.82
7.65
-1.89%
-.14%
-4.23%
.1%
.71%
.78%
101.89%
8.43
16.39%
1.99
.56
8.67%
.64%
-27.83%
.53%
.96%
.87%
91.33%
2.93
16.39%
1.39
3.3
6.92%
12.22%
70.86%
88.25%
97.99%
93.39%
86.89%
7.57%
24.6%
52.72%
90.85%
98.42%
72.11%
68.33%
7.23%
32.93%
45.25%
84.69%
96.2%
64.49%
58.37%
6.14%
39.01%
45.03%
80.11%
96.28%
66.11%
56.6%
27.86%
14.03%
844.24%
51.56%
19.53%
-1,088.36%
48.%
17.16%
-1,055.6%
39.42%
14.96%
-1,106.11%
89.46%
50.35%
11.35%
37.88%
9.83%
35.74%
-2.85%
37.96%
2.72%
9.28
9.56
32.45
-3.1%
-5.6
-13.45
-29.28
-2.48%
-6.15
-13.19
-34.1
-1.89%
-10.84
-11.85
-42.45
4.81
8.15
111.84
11.78
Private Sector Banks - Overall

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
385,359,458.
210,865,136.
116,709,912.
57,784,410.
41,246,518.
3,809,313,808
52,687,992.
305,687,636.
3,244,927,861
206,010,319.
4,235,919,784
320,517,786.
103,115,398.
137,405,388.
845,773,291.
2,582,387,596
184,544,581.
145,648,689.
2,436,738,907
154,423,798.
237,945,216.
370,761,372.
189,477,389.
181,283,983.
67,875,442.
113,412,163.
70,125,358.
125,060,096.
122,545,992.
52,529,021.
34,800,231.
21,086,511.
N/A
N/A
16,415,664.
1,847,899,393
48.9%
4.28%
9.03%
.82%
1.66%
2.68%
51.1%
2.33
28.37%
1.75
1.65
10.%
19.97%
57.53%
76.61%
89.93%
79.58%
72.73%
7.15%
5.64%
47.89%

46.6%
78.92%
9.1%
4.8
18.28
8.42
J.Cash flow ratio
.47
36
2012
(Thousand Rupees)
2009
2010
2011
2012
448,140,588. 471,171,613. 601,631,233. 656,110,114.
250,825,234. 275,390,507. 356,844,077. 365,970,171.
129,499,179. 147,094,236. 149,928,873. 171,223,054.
67,816,175. 48,686,870. 94,858,283. 118,916,889.
55,865,074. 44,946,493. -13734194
12,237,693.
4,474,936,9264,960,244,5295,733,885,5996,975,848,966
55,027,426. 60,505,858. 70,475,916. 91,066,624.
496,966,731. 419,118,618. 508,175,430. 777,583,511.
3,696,318,1074,250,710,0804,888,613,0855,821,368,276
226,624,662. 229,909,973. 266,621,168. 285,830,555.
4,978,942,5885,476,362,6356,321,782,6387,644,196,773
370,158,326. 423,371,845. 506,215,567. 613,690,122.
127,593,768. 127,653,884. 141,313,852. 156,836,573.
182,548,618. 144,242,701. 122,588,383. 119,530,298.
1,382,688,9081,701,035,1702,466,846,5333,366,805,968
2,664,890,3122,884,602,2212,860,671,2523,151,495,745
270,852,209. 351,693,460. 364,369,664. 393,447,701.
198,582,490. 252,080,464. 276,619,717. 294,126,783.
2,466,307,8222,632,521,7572,584,051,5352,857,368,962
153,471,610. 163,849,689. 176,239,464. 182,248,558.
296,173,536. 283,687,589. 324,527,304. 347,716,292.
460,314,435.
247,726,810.
221,100,885.
74,874,595.
146,197,065.
70,429,526.
143,019,662.
137,112,537.
63,542,898.
40,603,888.
486,294,541.
259,347,973.
226,946,568.
60,248,131.
169,223,241.
75,509,790.
159,009,575.
153,363,449.
77,693,011.
46,343,893.
587,215,925.
312,416,559.
275,771,106.
46,126,885.
237,233,529.
80,911,964.
182,743,991.
175,075,233.
133,093,925.
89,508,150.
624,327,371.
352,899,506.
271,427,865.
29,142,905.
242,284,959.
104,638,804.
199,615,432.
193,908,737.
149,933,061.
99,296,679.
25,082,524. 27,539,050. 35,684,408. 36,577,017.

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
576,781,074. 363,931,590. 898,245,788. 1,018,519,296
2,372,671,0252,207,087,2992,655,822,1652,721,028,677
48.03%
4.27%
9.06%
.82%
1.41%
2.94%
53.82%
2.16
26.95%
1.95
1.62
46.67%
4.14%
9.84%
.85%
1.38%
3.09%
53.33%
1.97
28.3%
2.03
1.68
46.96%
4.35%
14.88%
1.42%
1.28%
3.75%
53.2%
1.32
27.35%
2.16
2.51
43.48%
3.55%
15.13%
1.3%
1.37%
3.17%
56.52%
1.29
27.38%
1.85
2.71
10.%
27.77%
49.53%
74.24%
89.88%
72.1%
63.55%
10.06%
31.06%
48.07%
77.62%
90.58%
67.86%
61.77%
10.24%
39.02%
40.88%
77.33%
90.7%
58.52%
53.01%
10.08%
44.04%
37.38%
76.15%
91.26%
54.14%
47.76%
10.16%
7.45%
60.44%
12.19%
8.74%
74.64%
12.74%
9.67%
60.56%
12.48%
9.33%
59.97%
37.7%
73.32%
23.9%
71.68%
16.68%
75.92%
9.91%
74.76%
9.%
5.29
17.87
8.25
8.6%
4.68
17.11
9.02
9.52%
4.41
16.86
8.13
8.58%
4.15
17.94
8.87
14.21
7.85
10.04
10.26
ALBARAKA BANK (PAKISTAN) LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
4,051,584.
4,500,000.
0.0
-448416
17,255.
12,468,548.
148,403.
725,000.
10,892,602.
702,543.
16,537,387.
909,378.
195,134.
320,000.
2,756,159.
7,788,664.
13,537.
11,181.
7,777,483.
1,619,029.
2,960,204.
1,060,376.
598,062.
462,314.
1,811.
464,125.
95,111.
950,599.
949,634.
-391363
-260116
450,000.
0.0
0.0
406,132.
3,064,151.
43.6%
2.8%
-6.42%
-1.57%
.58%
2.81%
56.4%
-2.43
82.27%
9.98
-.58
6.68%
16.67%
47.03%
65.87%
75.4%
71.5%
67.04%
.17%
.14%
.33%

16.2%
82.6%
24.5%
.76
9.
2.69
J.Cash flow ratio
37
2012
(Thousand Rupees)
2009
2010
2011
2012
3,487,571.
6,115,886.
6,526,256.
5,883,539.
4,500,000.
8,935,200.
8,935,200.
8,935,200.
0.0
0.0
82,074.
82,074.
-1012429
-2819314
-2491018
-3133735
5,388.
3,191. -1773
138,414.
16,269,491. 54,644,587. 66,020,396. 67,847,098.
262,691.
427,600.
451,030.
746,651.
20,000.
2,756,892.
1,736,120.
1,991,738.
15,081,242. 49,324,209. 61,559,026. 63,278,655.
905,558.
2,135,886.
2,274,220.
1,830,054.
19,762,450. 60,763,664. 72,544,879. 73,869,051.
1,337,892.
4,460,257.
3,945,481.
4,221,381.
959,078.
7,409,620.
7,577,186.
6,712,477.
1,600,000.
80,000.
0.0
1,100,000.
3,356,705. 15,617,589. 26,179,416. 27,421,461.
9,760,212. 28,820,378. 29,601,824. 31,509,123.
1,213,994.
3,735,780.
4,466,038.
6,093,026.
320,969.
1,923,180.
1,991,116.
2,726,675.
9,439,243. 26,897,198. 27,610,708. 28,782,448.
1,741,736.
2,732,332.
2,798,165.
2,629,176.
1,327,796.
3,566,668.
4,433,923.
3,002,108.
1,914,228.
2,198,794.
1,234,890.
1,658,608.
679,338.
540,186.
344,009.
764,375.
335,329. -224189
301,855.
247,021.
1,436,066.
1,595,139.
1,410,569.
1,508,590.
-798882
-1572307
-564013
-1039595
6,699,178.
6,271,140.
5,001,222.
4,725,249.
1,697,956.
1,545,891.
227,176.
802,491.
1,925,132.
743,400.
482,058.
406,151.
1,926,488.
2,102,545.
1,910,731.
1,991,125.
480,702. -952994
410,370. -642717
450,000.
0.0
0.0
2,173,889.
8,660,685.
893,520.
0.0
0.0
8,797,050.
14,532,742.
893,520.
0.0
0.0
10,255,250.
12,436,239.
893,520.
0.0
0.0
523,909.
13,347,433.
35.49%
3.44%
-16.17%
-2.85%
1.53%
1.7%
64.51%
-1.77
64.8%
4.67
-1.25
24.57%
.89%
-17.%
-1.71%
.41%
-.37%
75.43%
-.96
65.22%
6.11
-1.16
25.35%
2.34%
6.29%
.57%
.66%
2.65%
74.65%
3.97
26.83%
3.96
.46
24.65%
2.09%
-10.92%
-.87%
.55%
1.01%
75.35%
-2.09
31.49%
4.9
-.72
11.62%
16.99%
47.76%
76.31%
82.33%
64.72%
64.63%
19.53%
25.7%
44.27%
81.17%
89.93%
58.43%
55.34%
15.88%
36.09%
38.06%
84.86%
91.01%
48.09%
46.77%
14.8%
37.12%
38.96%
85.66%
91.85%
49.79%
48.27%
12.44%
3.29%
34.81%
12.96%
6.67%
61.08%
15.09%
6.73%
68.43%
19.34%
8.65%
103.56%
107.18%
26.44%
39.75%
51.48%
11.41%
44.58%
29.43%
44.75%
17.65%
2.48
7.75
4.32
10.07%
2.38
6.84
8.06
9.%
1.91
7.3
9.43
7.96%
2.27
6.58
10.76
-3.85
-8.46
24.99
-.82
ALLIED BANK LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
20,805,117.
6,463,644.
5,804,776.
8,536,697.
1,550,497.
344,340,055.
2,952,490.
27,778,151.
297,475,321.
16,134,093.
366,695,669.
23,653,754.
2,096,779.
15,793,183.
82,646,595.
223,639,777.
13,771,895.
10,667,769.
212,972,008.
11,134,436.
18,398,914.
30,570,540.
17,272,724.
13,297,816.
3,156,001.
10,141,815.
4,896,915.
8,917,790.
8,121,805.
6,120,940.
4,156,686.
646,364.
25.%
10.%
563,633.
126,060,778.
43.5%
3.63%
19.98%
1.13%
1.34%
2.77%
56.5%
1.33
25.14%
1.66
6.43
7.02%
22.54%
58.08%
81.12%
93.9%
75.18%
68.76%
6.16%
4.77%
66.19%

29.58%
77.46%
5.67%
6.06
32.19
14.3
J.Cash flow ratio
.14
38
2012
2009
25,857,515.
7,110,008.
6,582,845.
12,164,662.
4,062,279.
388,421,058.
3,162,429.
39,818,532.
328,872,559.
16,567,538.
418,340,852.
26,435,683.
1,280,591.
28,122,932.
94,673,100.
249,925,187.
16,281,178.
12,542,665.
237,382,522.
12,459,586.
17,986,438.
2010
31,191,174.
7,821,009.
7,516,910.
15,853,255.
4,798,456.
413,976,778.
4,118,791.
20,774,450.
371,280,948.
17,802,589.
449,966,408.
31,265,658.
579,700.
11,488,944.
121,158,730.
268,532,972.
18,688,166.
15,430,262.
253,102,710.
15,371,118.
16,999,548.
41,144,667.
22,421,218.
18,723,449.
4,511,166.
14,212,283.
6,078,257.
9,718,918.
9,517,584.
10,571,622.
7,149,310.
45,011,184.
22,465,506.
22,545,678.
4,083,385.
18,462,293.
5,867,378.
11,914,322.
11,344,090.
12,415,279.
8,283,817.
(Thousand Rupees)
2011
2012
37,761,572. 43,275,849.
8,603,110.
9,463,421.
8,762,745. 10,906,250.
20,395,717. 22,906,178.
5,717,786.
7,987,705.
472,409,254. 581,038,152.
4,015,317.
6,203,051.
49,993,200. 38,916,192.
399,560,790. 514,702,444.
18,839,947. 21,216,465.
515,888,612. 632,301,706.
36,479,765. 43,351,703.
1,679,121.
1,029,292.
1,361,754. 10,720,935.
195,789,638. 267,682,679.
262,143,554. 288,920,715.
20,452,465. 20,667,561.
17,703,717. 17,805,032.
244,439,837. 271,115,683.
18,095,123. 18,475,755.
18,043,374. 19,925,659.
51,828,897.
26,696,185.
25,132,712.
3,009,024.
22,123,688.
7,263,796.
14,129,619.
13,289,101.
15,257,865.
10,256,173.
49,512,005.
31,180,990.
18,331,015.
650,560.
17,680,455.
14,244,897.
15,778,911.
14,686,046.
16,146,441.
11,882,367.
711,001.
782,101.
860,311.
946,342.
40.%
40.%
50.%
65.%
10.%
10.%
10.%
10.%
10,687,333. 36,199,585. 86,857,938. 75,355,317.
120,551,592. 108,128,287. 173,528,427. 138,568,953.
45.51%
4.48%
27.65%
1.71%
1.45%
3.4%
54.49%
.9
20.58%
1.57
10.06
50.09%
5.01%
26.56%
1.84%
1.3%
4.1%
49.91%
.91
23.42%
1.93
10.59
48.49%
4.87%
27.16%
1.99%
1.41%
4.29%
51.51%
.87
23.91%
1.83
11.92
37.02%
2.9%
27.46%
1.88%
2.25%
2.8%
62.98%
.91
24.75%
1.03
12.56
6.63%
22.63%
56.74%
78.61%
92.85%
75.99%
67.79%
7.08%
26.93%
56.25%
82.51%
92.%
72.33%
68.49%
7.4%
37.95%
47.38%
77.45%
91.57%
65.61%
58.31%
7.02%
42.33%
42.88%
81.4%
91.89%
56.13%
52.19%
6.51%
5.02%
62.96%
6.96%
5.75%
59.91%
7.8%
6.75%
54.16%
7.15%
6.16%
47.76%
35.97%
77.04%
26.46%
82.57%
17.%
86.56%
3.65%
86.15%
6.18%
4.66
36.37
12.72
6.93%
3.47
39.88
11.9
7.32%
4.6
43.89
10.58
6.84%
3.2
45.73
11.89
1.49
4.37
8.47
6.34
ASKARI BANK LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
12,034,895.
4,058,774.
7,667,141.
308,980.
936,468.
193,219,775.
2,584,828.
15,190,148.
167,676,572.
7,768,227.
206,191,138.
16,029,635.
3,954,814.
4,479,754.
35,677,755.
139,830,973.
11,689,417.
11,012,731.
128,818,242.
8,266,458.
8,964,480.
18,393,313.
10,650,719.
7,742,594.
4,072,597.
3,669,997.
2,707,000.
5,915,615.
5,904,169.
461,382.
386,225.
405,877.
0.0
25.%
2,596,563.
202,238,722.
42.09%
3.76%
3.21%
.19%
1.31%
1.78%
57.91%
12.8
28.04%
2.18
.95
9.69%
17.3%
62.48%
81.32%
93.71%
83.39%
76.47%
8.36%
7.88%
97.13%

36.98%
94.21%
5.84%
16.8
29.65
13.93
J.Cash flow ratio
39
2012
2009
13,164,224.
5,073,467.
7,287,041.
803,716.
1,823,647.
239,365,567.
2,945,670.
19,300,163.
205,912,903.
11,206,831.
254,353,438.
19,385,850.
8,374,640.
4,649,059.
66,885,617.
147,633,745.
17,725,451.
12,593,844.
135,039,901.
9,332,361.
10,686,010.
2010
14,819,933.
6,427,440.
7,712,855.
679,638.
1,212,292.
298,747,904.
3,089,984.
25,554,777.
255,908,149.
14,194,994.
314,780,129.
22,565,190.
3,787,538.
9,194,186.
102,100,063.
168,435,880.
21,598,648.
15,651,626.
152,784,254.
10,084,422.
14,264,476.
22,590,230.
13,542,210.
9,048,020.
2,914,893.
6,133,127.
2,625,545.
7,159,061.
7,124,693.
1,599,691.
1,068,864.
27,954,956.
17,931,715.
10,023,241.
3,035,725.
6,987,516.
2,234,053.
8,009,956.
7,937,367.
1,249,627.
919,461.
(Thousand Rupees)
2011
2012
16,585,997. 17,787,356.
7,070,184.
8,130,711.
8,135,795.
8,541,776.
1,380,018.
1,114,869.
1,295,861.
2,040,025.
325,983,862. 333,383,893.
2,756,032.
3,700,156.
17,274,979.
8,376,740.
291,499,395. 306,929,729.
14,453,456. 14,377,268.
343,865,720. 353,211,274.
26,168,206. 24,435,422.
6,236,116.
8,865,303.
1,613,584.
6,341,474.
133,655,387. 145,354,253.
167,381,246. 162,855,583.
23,645,541. 26,518,448.
16,668,690. 19,127,748.
150,712,556. 143,727,835.
9,451,033.
8,901,522.
16,028,838. 15,585,465.
32,768,950.
22,699,089.
10,069,861.
1,771,471.
8,298,390.
3,017,770.
8,874,165.
8,787,381.
2,454,944.
1,705,207.
32,404,345.
22,973,385.
9,430,960.
2,693,356.
6,737,604.
4,316,216.
9,315,577.
9,226,563.
1,766,057.
1,289,145.
507,347.
642,744.
707,018.
813,071.
0.0
0.0
0.0
0.0
20.%
10.%
15.%
0.0
36,871,225. 35,789,356. 36,472,843. 10,998,418.
106,574,473. 196,716,932. 165,250,062. 192,114,856.
40.05%
3.56%
8.12%
.42%
1.03%
2.41%
59.95%
4.45
28.39%
2.71
2.11
35.85%
3.18%
6.2%
.29%
.71%
2.22%
64.15%
6.35
26.53%
3.55
1.43
30.73%
2.93%
10.28%
.5%
.88%
2.41%
69.27%
3.58
24.8%
2.91
2.41
29.1%
2.67%
7.25%
.36%
1.22%
1.91%
70.9%
5.22
25.37%
2.14
1.59
10.91%
26.3%
53.09%
80.96%
94.11%
71.7%
65.55%
8.37%
32.44%
48.54%
81.3%
94.91%
65.82%
59.84%
9.42%
38.87%
43.83%
84.77%
94.8%
57.42%
54.21%
9.43%
41.15%
40.69%
86.9%
94.39%
53.06%
51.65%
12.01%
8.53%
134.65%
12.82%
9.29%
145.74%
14.13%
9.96%
142.56%
16.28%
11.75%
149.09%
23.15%
71.05%
19.4%
72.47%
10.63%
70.49%
14.08%
72.13%
5.18%
8.1
25.95
15.64
4.71%
13.27
23.06
17.27
4.82%
9.96
23.46
17.58
5.04%
10.8
21.88
17.26
34.5
38.92
21.39
8.53
BANK AL-HABIB LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
9,967,204.
4,785,388.
3,062,830.
2,118,986.
1,665,205.
165,690,582.
2,232,334.
12,369,743.
144,389,563.
6,698,942.
177,322,991.
11,936,275.
3,621,152.
295,396.
48,234,497.
101,402,372.
862,550.
1,205,376.
100,196,996.
9,166,020.
3,872,655.
14,586,841.
8,004,294.
6,582,547.
1,149,345.
5,433,202.
2,416,304.
4,374,426.
4,306,759.
3,578,532.
2,425,016.
478,538.
12.5%
27.5%
16,856,703.
59,797,421.
45.13%
3.71%
24.33%
1.37%
1.36%
3.06%
54.87%
1.2
25.73%
1.78
5.07
8.77%
27.2%
56.51%
81.43%
93.44%
70.23%
64.69%
.85%
1.19%
8.65%

95.35%
139.75%
5.62%
6.
20.83
14.49
J.Cash flow ratio
40
2012
2009
12,286,874.
6,101,370.
3,664,925.
2,520,579.
1,818,084.
235,701,642.
3,187,383.
33,517,109.
189,280,062.
9,717,088.
249,806,600.
14,377,589.
4,626,726.
111,017,701.
108,373,012.
2,067,656.
2,387,693.
105,985,319.
9,561,955.
4,237,310.
2010
14,744,106.
7,321,643.
4,392,264.
3,030,199.
1,472,677.
285,579,563.
2,989,989.
22,579,348.
249,760,885.
10,249,341.
301,796,346.
19,000,990.
2,132,806.
0.0
1,139,268.
137,234,656.
129,083,773.
2,943,863.
3,310,481.
125,773,292.
10,264,310.
6,251,024.
22,120,105.
13,053,137.
9,066,968.
1,183,026.
7,883,942.
1,836,082.
5,207,953.
5,045,731.
4,512,071.
2,856,294.
27,480,798.
16,666,489.
10,814,309.
946,451.
9,867,858.
2,187,640.
6,331,063.
6,225,457.
5,724,435.
3,667,980.
610,137.
20.%
20.%
65,727,310.
63,417,914.
(Thousand Rupees)
2011
17,878,659.
8,785,972.
5,324,689.
3,767,998.
2,132,629.
364,514,326.
4,979,720.
43,441,594.
302,097,187.
13,995,825.
384,525,614.
22,957,988.
6,744,643.
223,105,101.
119,994,310.
3,203,630.
5,131,178.
114,863,132.
10,791,345.
6,063,405.
2012
21,283,639.
10,103,868.
6,464,546.
4,715,225.
2,894,776.
429,175,527.
5,257,191.
69,622,055.
340,386,558.
13,909,723.
453,353,942.
27,464,345.
9,747,248.
0.0
993,981.
249,923,504.
153,453,820.
3,705,730.
5,593,992.
147,859,828.
11,211,423.
6,153,613.
36,529,237.
22,372,988.
14,156,249.
1,820,779.
12,335,470.
2,607,806.
7,784,283.
7,621,965.
7,158,993.
4,537,104.
41,474,034.
26,105,028.
15,369,006.
466,087.
14,902,918.
3,058,834.
9,032,511.
9,032,511.
8,929,242.
5,510,520.
732,164.
878,597.
20.%
25.%
20.%
15.%
30,127,758. 94,364,848.
60,004,910. 106,642,467.
1,010,387.
30.%
36,872,715.
107,919,532.
40.99%
3.63%
23.25%
1.14%
.74%
3.16%
59.01%
1.12
21.74%
2.75
4.68
39.35%
3.58%
24.88%
1.22%
.72%
3.27%
60.65%
1.09
21.34%
2.85
5.01
38.75%
3.68%
25.38%
1.18%
.68%
3.21%
61.25%
1.06
19.89%
2.92
5.16
37.06%
3.39%
25.89%
1.22%
.67%
3.29%
62.94%
1.01
20.28%
2.95
5.45
7.61%
44.44%
42.43%
75.77%
94.35%
57.26%
48.64%
7.%
45.47%
41.67%
82.76%
94.63%
51.68%
47.4%
7.72%
58.02%
29.87%
78.56%
94.8%
39.72%
34.73%
8.21%
55.13%
32.61%
75.08%
94.67%
45.08%
37.43%
1.91%
2.2%
16.83%
2.28%
2.56%
19.97%
2.67%
4.28%
17.92%
2.41%
3.65%
17.41%
49.55%
115.48%
28.59%
112.45%
35.48%
160.17%
8.33%
150.96%
4.92%
5.16
20.14
15.41
4.89%
4.07
20.14
16.94
4.65%
5.96
20.35
16.9
4.69%
5.07
21.06
15.99
23.01
8.21
20.8
6.69
BANK ALFALAH LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
14,608,523.
7,995,000.
3,166,056.
3,447,467.
2,436,216.
331,946,025.
3,452,031.
13,690,222.
300,732,858.
14,070,914.
348,990,764.
32,687,335.
21,581,043.
3,315,500.
75,973,238.
197,931,671.
6,140,683.
191,790,988.
13,773,293.
9,869,367.
30,966,638.
20,494,355.
10,472,283.
3,543,357.
6,928,926.
4,822,924.
9,957,130.
9,805,790.
1,794,720.
1,301,301.
799,500.
0.0
12.5%
2,499,606.
121,702,262.
33.82%
3.%
8.91%
.37%
1.38%
1.99%
66.18%
5.46
27.82%
2.03
1.63
15.55%
21.77%
54.96%
86.17%
95.12%
65.82%
62.95%
0.0
3.1%
0.0

57.7%
4.19%
8.33
18.27
20.59
J.Cash flow ratio
41
2012
2009
17,055,606.
13,491,563.
3,587,969.
-23926
4,626,589.
367,612,072.
3,766,144.
20,653,921.
324,743,389.
18,448,618.
389,294,267.
35,056,025.
22,722,927.
14,947,435.
99,279,438.
196,802,164.
0.0 15,585,716.
8,780,672.
188,021,492.
14,552,454.
14,714,496.
2010
17,238,003.
13,491,563.
3,819,133.
-72693
4,410,008.
390,155,871.
4,521,533.
13,700,124.
354,010,690.
17,923,524.
411,803,882.
41,197,841.
16,180,533.
6,497,556.
113,622,561.
217,822,143.
17,710,312.
10,670,089.
207,152,054.
14,251,595.
12,901,742.
35,554,930.
24,709,878.
10,845,052.
3,451,912.
7,393,140.
5,202,233.
11,346,473.
11,009,954.
437,664.
-97904
37,530,398.
23,854,578.
13,675,820.
2,411,846.
11,263,974.
4,903,726.
12,835,658.
12,658,021.
2,065,110.
1,166,983.
(Thousand Rupees)
2011
2012
22,839,886. 25,689,740.
13,491,563. 13,491,563.
4,100,264.
5,636,549.
5,248,059.
6,561,628.
2,937,152.
4,557,662.
442,396,764. 506,219,292.
5,403,453.
8,430,910.
18,168,978. 21,227,834.
401,245,675. 457,118,723.
17,578,658. 19,441,825.
468,173,802. 536,466,694.
50,882,662. 58,044,054.
17,424,524. 26,720,993.
7,765,407.
876,870.
166,648,636. 189,486,762.
211,397,355. 248,345,992.
19,096,614. 22,181,548.
12,928,843. 14,412,634.
198,468,512. 233,933,358.
13,388,683. 13,747,520.
13,595,378. 13,657,137.
44,298,178.
25,687,485.
18,610,693.
4,329,500.
14,281,193.
5,367,713.
14,215,188.
13,832,096.
5,433,716.
5,948,685.
46,079,918.
27,500,056.
18,579,862.
3,558,532.
15,021,330.
7,281,340.
15,519,468.
15,204,036.
6,783,202.
4,556,121.
1,349,156.
1,349,156.
1,349,156.
1,349,156.
8.%
0.0
17.5%
20.%
0.0
0.0
0.0
0.0
19,947,703. 18,101,276. 53,536,423. 49,944,024.
159,052,924. 179,210,913. 189,279,494. 124,627,168.
30.5%
2.79%
-.57%
-.03%
1.34%
1.9%
69.5%
25.16
27.84%
2.12
-.07
36.44%
3.32%
6.77%
.28%
1.19%
2.74%
63.56%
6.13
30.25%
2.58
.86
42.01%
3.98%
26.05%
1.27%
1.15%
3.05%
57.99%
2.55
28.62%
2.58
4.41
40.32%
3.46%
17.74%
.85%
1.36%
2.8%
59.68%
2.24
29.08%
2.09
3.38
14.84%
25.5%
48.3%
83.42%
94.43%
60.6%
56.98%
13.93%
27.59%
50.3%
85.97%
94.74%
61.53%
59.24%
14.59%
35.6%
42.39%
85.7%
94.49%
52.69%
50.4%
15.8%
35.32%
43.61%
85.21%
94.36%
54.33%
51.92%
7.92%
4.46%
91.38%
8.13%
4.9%
102.74%
9.03%
6.12%
83.61%
8.93%
5.8%
86.34%
39.31%
56.34%
22.6%
60.25%
33.49%
67.7%
24.69%
64.98%
4.38%
9.33
12.64
19.04
4.19%
10.4
12.78
20.54
4.88%
8.29
16.93
17.57
4.79%
4.85
19.04
17.79
-203.75
15.51
9.
10.96
BANKISLAMI PAKISTAN LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
5,181,372.
5,279,679.
0.0
-98307
10,449.
13,896,779.
353,646.
245,939.
12,477,955.
819,239.
19,088,600.
2,175,413.
2,207,490.
40,351.
5,019,525.
6,687,460.
186,093.
159,929.
6,527,531.
1,910,648.
1,207,642.
1,468,688.
729,528.
739,160.
130,556.
608,604.
196,139.
229,152.
1,028,232.
-229152
-52930
527,968.
0.0
0.0
1,109,403.
1,751,914.
50.33%
3.87%
-1.02%
-.28%
1.03%
3.19%
49.67%
-4.49
13.76%
5.24
-.1
22.96%
26.3%
34.2%
65.37%
72.8%
53.59%
52.56%
2.78%
2.39%
3.59%

81.63%
85.94%
27.14%
.34
9.81
2.41
J.Cash flow ratio
1.Cash generated from opration activities to profit after tax (E4/D10) (times)-20.96
42
2012
(Thousand Rupees)
2009
2010
2011
2012
4,690,622.
4,734,004.
5,143,560.
5,554,413.
5,279,679.
5,279,679.
5,279,679.
5,279,679.
0.0
9,310.
91,221.
173,392.
-589057
-554985
-227340
101,342.
29,776.
32,382.
169,078.
18,041.
29,472,124. 40,269,317. 53,508,676. 68,663,576.
485,608.
563,020.
798,853.
1,251,010.
156,160.
353,000.
800,000.
1,621,415.
27,911,651. 38,198,320. 50,568,785. 64,216,485.
918,705.
1,154,977.
1,341,038.
1,574,666.
34,192,522. 45,035,703. 58,821,314. 74,236,030.
4,217,520.
3,035,148.
4,684,826.
4,938,707.
2,059,808.
569,622.
549,277.
806,110.
4,018,813.
4,513,132.
4,436,264.
8,475,672.
6,653,447. 13,732,132. 21,067,082. 28,994,462.
10,707,012. 19,894,682. 25,054,954. 27,933,829.
788,665.
741,680.
838,101.
1,205,222.
249,709.
328,972.
389,495.
500,567.
10,457,303. 19,565,710. 24,665,459. 27,433,262.
2,375,515.
2,066,680.
1,811,628.
1,913,106.
4,410,116.
1,553,279.
1,606,778.
1,674,711.
2,181,887.
1,215,019.
966,868.
111,198.
855,670.
342,687.
1,770,664.
170,047.
-572307
-483598
3,809,955.
2,049,453.
1,760,502.
5,247.
1,755,255.
207,168.
1,920,590.
1,897,405.
41,833.
41,159.
5,502,154.
2,883,355.
2,618,799.
60,523.
2,558,276.
226,709.
2,176,398.
2,139,128.
608,587.
409,556.
5,975,306.
3,506,965.
2,468,341.
96,072.
2,372,269.
533,932.
2,279,759.
2,271,642.
626,442.
410,853.
527,968.
0.0
0.0
4,472,916.
1,439,984.
527,968.
0.0
0.0
4,261,151.
4,467,998.
527,968.
0.0
0.0
8,826,592.
4,614,660.
527,968.
0.0
0.0
9,052,857.
7,391,771.
44.31%
2.83%
-10.31%
-1.41%
1.%
2.5%
55.69%
-.3
70.14%
.5
-.92
46.21%
3.91%
.87%
.09%
.46%
3.9%
53.79%
45.36
47.81%
9.16
.08
47.6%
4.45%
7.96%
.7%
.39%
4.35%
52.4%
3.51
37.99%
9.44
.78
41.31%
3.32%
7.4%
.55%
.72%
3.2%
58.69%
3.63
35.02%
4.25
.78
18.36%
19.46%
30.58%
81.63%
86.19%
38.36%
38.15%
8.%
30.49%
43.44%
84.82%
89.42%
52.08%
51.61%
8.9%
35.82%
41.93%
85.97%
90.97%
49.55%
48.77%
7.74%
39.06%
36.95%
86.5%
92.49%
43.5%
42.43%
7.37%
2.33%
16.81%
3.73%
1.65%
15.67%
3.35%
1.55%
16.29%
4.31%
1.79%
21.7%
44.53%
31.66%
1.59%
44.35%
15.54%
46.47%
19.19%
41.53%
13.72%
.31
8.88
5.95
10.51%
.94
8.97
8.07
8.74%
.9
9.74
9.83
7.48%
1.33
10.52
11.56
-9.25
103.53
21.55
22.03
BURJ BANK LIMITED

2008
Items
4,085,091.
1.Share capital
4,001,333.
2.Reserves
16,751.
67,007.
-10281
4.Others
5,406,327.
1.Bills payable
20,138.
50,704.
5,063,393.
272,092.
9,481,137.
418,948.
255,703.
250,040.
4.Investments
2,045,146.
5.Gross advances
5,645,609.
50,000.
5,732.
5,639,877.
9.Fixed assets
417,364.
454,059.
855,374.
403,500.
451,874.
3,875.
447,999.
494,273.
434,161.
433,996.
60,111.
32,727.
E.Other items
400,133.
2.Cash dividend
0.0
0.0
660,132.
2,217,021.
52.83%
4.77%
.8%
.35%
5.21%
4.73%
47.17%
7.22
32.17%
.88
.08
G.Liquidity ratios
7.12%
21.57%
59.49%
53.4%
57.02%
111.5%
110.39%
.89%
.1%
1.22%

67.6%
11.46%
43.09%
.54
10.21
1.24
J.Cash flow ratio
43
2012
(Thousand Rupees)
2009
2010
2011
2012
4,801,589.
4,266,067.
5,777,579.
5,864,255.
5,010,458.
5,010,458.
7,410,458.
7,410,458.
16,751.
16,751.
16,751.
2,030.
-225620
-761142
-1649630
-1548233
40,191.
59,916.
26,999.
73,226.
8,166,895. 13,349,703. 21,851,637. 41,247,971.
58,263.
86,867.
210,932.
390,795.
1,094,375.
287,291.
447,300.
3,087,150.
6,784,750. 12,636,083. 20,341,241. 35,922,038.
229,507.
339,462.
852,164.
1,847,988.
13,008,675. 17,675,686. 27,656,215. 47,185,452.
675,988.
1,324,461.
1,379,696.
2,452,464.
577,349.
400,468.
2,215,636.
907,255.
2,857,942.
2,679,753.
0.0
2,861,751.
5,050,878.
9,982,793. 17,156,398.
5,001,443.
6,236,849. 13,233,151. 24,077,313.
731,740.
1,153,118.
1,020,934.
1,029,984.
237,821.
620,647.
802,014.
706,781.
4,763,622.
5,616,202. 12,431,137. 23,370,532.
600,626.
646,645.
671,890.
1,130,246.
671,397.
1,957,279.
975,063.
2,168,557.
1,131,873.
1,263,461.
2,375,585.
3,603,352.
650,752.
726,325.
1,423,171.
2,594,187.
481,121.
537,136.
952,414.
1,009,165.
257,089.
406,279.
251,580. -173859
224,032.
130,857.
700,834.
1,183,024.
56,818.
64,260.
188,537.
456,150.
686,002.
1,019,677.
1,236,279.
1,605,828.
685,677.
986,592.
1,229,345.
1,613,203.
-405152
-824560
-346908
33,346.
-292627
-535522
-288488
84,646.
501,046.
0.0
0.0
654,955.
1,911,426.
501,046.
0.0
0.0
2,667,586.
5,704,888.
741,046.
0.0
0.0
5,394,077.
1,296,300.
741,046.
0.0
0.0
7,024,807.
3,709,955.
42.51%
3.7%
-6.09%
-2.25%
.44%
1.72%
57.49%
-1.69
57.71%
12.07
-.58
42.51%
3.04%
-12.55%
-3.03%
.36%
.74%
57.49%
-1.2
76.8%
15.35
-1.07
40.09%
3.44%
-4.99%
-1.04%
.68%
2.53%
59.91%
-3.54
48.21%
6.52
-.39
28.01%
2.14%
1.44%
.18%
.97%
2.51%
71.99%
48.38
39.56%
3.54
.11
9.63%
22.%
36.62%
52.16%
62.78%
73.72%
63.48%
9.76%
28.58%
31.77%
71.49%
75.53%
49.36%
48.26%
13.%
36.1%
44.95%
73.55%
79.01%
65.06%
63.66%
7.12%
36.36%
49.53%
76.13%
87.42%
67.03%
61.72%
14.63%
4.76%
15.24%
18.49%
9.95%
27.03%
7.71%
6.06%
17.67%
4.28%
2.94%
17.56%
0.0
108.1%
32.5%
65.46%
53.82%
31.37%
78.56%
-24.6%
68.62%
36.91%
.4
9.58
1.41
24.14%
1.34
8.51
2.96
20.89%
.22
7.8
3.52
12.43%
.63
7.91
6.13
-2.24
-4.98
-18.7
82.99
DUBAI ISLAMIC BANK PAKISTAN LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
5,055,260.
6,017,780.
0.0
-962520
10,867.
26,983,946.
283,188.
0.0
25,458,910.
1,241,848.
32,050,073.
2,691,572.
3,273,878.
1,329,832.
3,019,266.
18,330,344.
286,024.
256,843.
18,073,501.
1,740,923.
1,921,101.
2,723,796.
1,377,542.
1,346,254.
156,077.
1,190,177.
335,552.
271,806.
1,791,282.
-271806
-181822
601,778.
0.0
0.0
2,523,494.
21,322,168.
49.43%
4.2%
-3.6%
-.57%
1.05%
3.71%
50.57%
-6.59
8.88%
5.34
-.3
18.61%
9.42%
56.39%
79.43%
84.19%
72.%
72.%
1.56%
1.4%
5.66%

60.77%
89.8%
15.77%
4.22
8.4
5.04
J.Cash flow ratio
44
2012
(Thousand Rupees)
2009
2010
2011
2012
6,040,247.
6,048,321.
6,238,807.
6,784,505.
6,776,030.
6,776,030.
6,776,030.
6,976,030.
45,347.
46,961.
85,058.
69,140.
-781130
-774670
-622281
-260665
18.
18. -4758
82,738.
29,328,629. 33,840,397. 41,962,400. 56,633,462.
279,493.
411,944.
394,426.
659,035.
125,000.
950,000.
1,898,500.
1,600,000.
27,980,906. 31,414,908. 38,491,607. 53,110,048.
943,230.
1,063,545.
1,177,867.
1,264,379.
35,368,894. 39,888,736. 48,196,449. 63,500,705.
2,932,264.
3,197,884.
3,429,994.
4,196,103.
2,430,437.
3,455,665.
1,116,928.
5,660,301.
2,591,905.
1,020,725.
3,826,084.
3,206,945.
2,822,723.
5,945,370. 12,937,179. 21,334,833.
20,961,592. 23,532,837. 24,457,951. 27,076,428.
719,088.
1,858,799.
2,130,721.
2,494,271.
371,979.
553,203.
568,908.
761,761.
20,589,613. 22,979,634. 23,889,043. 26,314,667.
1,727,298.
1,703,588.
1,597,770.
1,535,272.
2,274,654.
1,585,870.
1,399,451.
1,252,584.
3,647,145.
1,805,943.
1,841,202.
115,136.
1,726,066.
365,353.
1,739,369.
1,724,467.
352,050.
226,737.
4,071,552.
2,129,570.
1,941,982.
181,224.
1,760,758.
366,335.
2,109,362.
2,095,563.
17,731.
8,074.
4,632,785.
2,395,995.
2,236,790.
10,075.
2,226,715.
457,136.
2,367,722.
2,337,312.
316,129.
190,486.
5,682,122.
2,807,792.
2,874,330.
192,853.
2,681,477.
695,344.
2,875,816.
2,846,195.
501,005.
345,698.
677,603.
0.0
0.0
-1285767
17,830,878.
677,603.
0.0
0.0
4,676,276.
5,704,888.
677,603.
0.0
0.0
4,983,772.
10,461,483.
677,603.
0.0
0.0
13,506,038.
9,106,647.
50.48%
5.21%
3.75%
.64%
1.03%
4.88%
49.52%
4.9
43.35%
4.72
.33
47.7%
4.87%
.13%
.02%
.92%
4.41%
52.3%
118.19
47.53%
5.72
.01
48.28%
4.64%
3.05%
.4%
.95%
4.62%
51.72%
7.39
46.52%
5.11
.28
50.59%
4.53%
5.1%
.54%
1.1%
4.22%
49.41%
5.68
45.09%
4.09
.51
15.16%
7.98%
58.21%
79.11%
82.92%
74.91%
74.58%
16.68%
14.9%
57.61%
78.76%
84.84%
74.91%
72.71%
9.43%
26.84%
49.57%
79.86%
87.07%
63.54%
60.55%
15.52%
33.6%
41.44%
83.64%
89.19%
50.98%
49.49%
3.43%
1.77%
11.9%
7.9%
2.35%
30.73%
8.71%
2.33%
34.15%
9.21%
2.81%
36.76%
30.95%
51.73%
32.76%
29.76%
1.77%
26.7%
25.32%
30.54%
17.08%
2.95
8.91
4.63
15.16%
.94
8.93
5.19
12.94%
1.68
9.21
6.17
10.68%
1.34
10.01
7.83
-5.67
579.18
26.16
39.07
FAYSAL BANK LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
10,135,987.
5,296,445.
3,790,023.
1,049,519.
636,121.
127,469,378.
1,536,517.
13,027,468.
102,776,793.
10,128,600.
138,241,486.
8,927,524.
876,780.
2,861,401.
36,152,537.
88,620,641.
7,446,481.
5,108,573.
83,512,068.
2,646,978.
3,264,198.
13,404,132.
8,454,755.
4,949,377.
2,047,362.
2,902,015.
5,212,608.
1,796,537.
3,257,843.
1,796,537.
1,114,952.
529,645.
0.0
15.%
1,882,246.
51,941,751.
36.92%
3.58%
11.%
.81%
3.77%
2.1%
63.08%
1.81
9.65%
.62
2.11
7.09%
26.15%
60.41%
74.35%
92.21%
86.23%
76.53%
8.4%
5.76%
73.47%

40.08%
68.6%
7.33%
5.12
19.14
10.14
J.Cash flow ratio
45
2012
2009
11,373,147.
6,090,911.
4,030,056.
1,252,180.
1,519,902.
167,899,404.
1,465,451.
34,985,766.
123,469,683.
7,978,504.
180,792,453.
8,427,202.
508,795.
15,017,826.
56,459,447.
98,384,470.
10,671,030.
7,038,469.
91,346,001.
2,787,617.
6,245,565.
2010
16,614,625.
7,309,094.
7,354,688.
1,950,843.
-96855
250,803,153.
3,218,859.
34,635,904.
195,315,204.
17,633,186.
267,320,923.
17,428,924.
5,727,909.
16,957,875.
11,946,579.
5,011,296.
2,191,883.
2,819,413.
2,804,695.
4,312,044.
4,285,459.
1,320,043.
1,212,527.
19,710,460.
13,919,256.
5,791,204.
2,201,824.
3,589,380.
4,012,338.
6,774,664.
6,644,072.
827,054.
1,190,329.
86,418,549.
151,206,409.
24,707,758.
17,499,640.
133,706,769.
8,726,406.
15,312,366.
(Thousand Rupees)
2011
2012
17,793,427. 18,728,891.
8,243,118.
9,273,508.
6,591,131.
6,309,083.
2,959,178.
3,146,300.
1,419,732.
2,249,013.
273,354,667. 292,086,428.
3,075,642.
4,244,494.
39,696,986. 35,568,109.
214,614,731. 240,712,826.
15,967,308. 11,560,999.
292,567,826. 313,064,332.
18,445,108. 24,508,852.
4,685,718.
1,209,313.
0.0
0.0
93,409,187. 87,995,224.
165,483,330. 190,851,275.
26,044,119. 27,549,729.
17,321,335. 18,552,070.
148,161,995. 172,299,205.
10,849,607. 10,859,963.
17,016,211. 16,191,775.
28,825,449.
19,619,095.
9,206,354.
695,245.
8,511,109.
4,070,369.
11,103,387.
10,813,919.
1,478,091.
1,280,296.
28,802,150.
19,838,745.
8,963,405.
1,400,820.
7,562,585.
5,281,719.
11,004,203.
10,810,261.
1,840,101.
1,422,882.
609,091.
730,909.
824,312.
927,351.
0.0
0.0
0.0
0.0
0.0
20.%
12.5%
12.5%
17,897,098.
8,881,898.
5,911,646. -4766930
79,757,936. 164,784,857. 173,978,654. 118,519,052.
29.55%
2.77%
10.66%
.67%
1.55%
1.56%
70.45%
3.25
21.82%
1.53
1.99
29.38%
2.17%
7.16%
.45%
1.5%
1.34%
70.62%
8.03
28.56%
1.66
1.63
31.94%
3.15%
7.2%
.44%
1.39%
2.91%
68.06%
7.32
33.75%
2.66
1.55
31.12%
2.86%
7.6%
.45%
1.69%
2.42%
68.88%
5.87
32.29%
2.05
1.53
4.94%
31.23%
50.53%
68.29%
92.87%
79.68%
62.09%
8.66%
32.33%
50.02%
73.06%
93.82%
77.42%
65.76%
7.91%
31.93%
50.64%
73.36%
93.43%
77.11%
65.07%
8.21%
28.11%
55.04%
76.89%
93.3%
79.29%
69.08%
10.85%
7.15%
93.83%
16.34%
11.57%
148.71%
15.74%
10.47%
146.37%
14.44%
9.72%
147.1%
0.0
31.14%
65.96%
12.58%
70.83%
4.01%
66.51%
7.55%
67.34%
6.29%
7.01
18.67
10.86
6.22%
9.92
22.73
11.76
6.08%
9.78
21.59
12.06
5.98%
6.33
20.2
12.85
14.76
7.46
4.62
-3.35
HABIB BANK LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
61,290,814.
7,590,000.
22,882,318.
30,818,496.
3,753,597.
652,237,599.
9,781,077.
44,022,676.
572,399,187.
26,034,659.
717,282,010.
56,359,367.
32,720,391.
6,193,787.
127,786,754.
460,244,672.
36,086,044.
24,536,012.
435,708,660.
33,490,506.
25,022,545.
61,157,813.
25,523,572.
35,634,241.
9,295,235.
26,339,006.
10,336,517.
20,820,329.
20,253,578.
5,855,194.
10,000,980.
759,000.
55.%
20.%
-21380958
296,820,275.
58.27%
4.97%
16.32%
1.39%
1.44%
3.67%
41.73%
3.46
29.12%
1.96
13.18
12.42%
17.82%
60.74%
79.8%
90.93%
80.41%
74.66%
7.84%
5.33%
58.88%

37.88%
67.99%
8.54%
4.84
80.75
9.34
J.Cash flow ratio
46
2012
2009
75,133,715.
9,108,000.
27,527,380.
38,498,335.
9,236,083.
779,554,995.
10,041,542.
52,542,978.
682,750,079.
34,220,396.
863,924,793.
79,839,836.
40,366,687.
5,352,873.
216,467,532.
490,010,583.
49,438,255.
35,348,084.
454,662,499.
16,766,668.
50,468,698.
2010
86,842,059.
10,018,800.
29,355,555.
47,467,704.
9,408,712.
828,448,632.
9,775,093.
40,459,860.
747,374,799.
30,838,880.
924,699,403.
81,640,246.
37,413,185.
30,339,344.
254,909,116.
502,445,637.
53,607,643.
42,695,625.
459,750,012.
16,155,290.
44,492,210.
76,076,347.
33,405,813.
42,670,534.
9,089,659.
33,580,875.
11,159,612.
23,358,851.
22,745,955.
21,381,636.
13,400,749.
81,325,028.
34,330,255.
46,994,773.
7,585,664.
39,409,109.
12,762,431.
25,131,510.
24,252,960.
27,040,030.
17,034,380.
(Thousand Rupees)
2011
2012
100,147,132. 119,025,317.
11,020,680. 12,122,748.
32,145,755. 39,379,354.
56,980,697. 67,523,215.
9,439,856. 14,012,443.
1,029,967,2171,477,270,812
13,894,502. 18,943,207.
39,473,670. 196,580,548.
933,631,525. 1,214,963,700
42,967,520. 46,783,357.
1,139,554,2051,610,308,572
103,399,623. 157,229,517.
47,349,505. 47,980,032.
41,581,029. 24,828,255.
418,604,147. 797,094,548.
503,453,704. 545,788,112.
56,549,062. 56,236,494.
46,086,048. 45,970,206.
457,367,656. 499,817,906.
19,167,654. 23,632,324.
52,084,591. 59,725,990.
98,580,423. 116,772,653.
42,182,220. 59,012,392.
56,398,203. 57,760,261.
6,925,497.
6,767,037.
49,472,706. 50,993,224.
14,782,861. 15,960,106.
29,934,169. 32,062,123.
29,433,961. 31,061,370.
34,321,398. 34,891,207.
22,333,022. 22,355,740.
910,800.
1,001,880.
1,102,068.
1,212,275.
60.%
65.%
70.%
75.%
10.%
10.%
10.%
10.%
107,753,133. 42,055,186. 206,730,148. 404,298,555.
358,083,924. 253,403,791. 572,908,009. 584,090,071.
56.09%
4.94%
17.84%
1.55%
1.29%
3.89%
43.91%
1.06
26.78%
2.04
14.71
57.79%
5.08%
19.62%
1.84%
1.38%
4.26%
42.21%
.9
26.71%
1.9
17.
57.21%
4.95%
22.3%
1.96%
1.3%
4.34%
42.79%
.86
26.41%
1.99
20.26
49.46%
3.59%
18.78%
1.39%
.99%
3.17%
50.54%
.89
24.16%
1.95
18.44
13.91%
25.06%
52.63%
79.03%
90.23%
71.77%
66.64%
12.87%
27.57%
49.72%
80.82%
89.59%
67.23%
63.78%
13.23%
36.73%
40.14%
81.93%
90.38%
53.92%
51.74%
12.74%
49.5%
31.04%
75.45%
91.74%
44.92%
38.67%
10.09%
7.21%
65.8%
10.67%
8.5%
61.73%
11.23%
9.15%
56.47%
10.3%
8.42%
47.25%
25.71%
71.5%
17.77%
79.64%
15.03%
81.5%
14.72%
81.74%
8.7%
4.77
82.49
9.09
9.39%
2.92
86.68
8.61
8.79%
5.72
90.87
9.32
7.39%
4.91
98.18
10.21
8.04
2.47
9.26
18.08
HABIB METROPOLITAN BANK LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
16,149,648.
6,022,020.
7,039,936.
3,087,692.
-1144998
167,706,203.
2,372,146.
30,372,598.
128,432,616.
6,528,843.
182,710,853.
11,401,384.
2,974,237.
98,176.
53,631,532.
110,391,364.
1,747,599.
2,130,105.
108,261,259.
1,583,360.
4,760,905.
15,870,172.
10,919,922.
4,950,250.
1,249,820.
3,700,430.
3,928,506.
3,233,784.
3,086,634.
4,740,110.
3,277,377.
602,202.
0.0
25.%
-6265387
80,361,851.
31.19%
2.71%
20.29%
1.79%
2.15%
2.03%
68.81%
.65
16.33%
.79
5.44
7.87%
29.35%
59.25%
70.29%
91.79%
85.95%
69.51%
1.58%
1.93%
10.82%

58.67%
121.89%
8.84%
4.98
26.82
7.95
J.Cash flow ratio
47
2012
2009
18,900,286.
7,527,525.
7,587,835.
3,784,926.
-148629
218,406,844.
3,111,467.
68,186,674.
142,185,495.
4,923,208.
237,158,501.
11,192,498.
4,836,399.
150,000.
111,679,520.
106,922,608.
6,364,665.
4,629,476.
102,293,132.
2,465,977.
4,540,975.
2010
20,956,902.
8,731,929.
8,151,443.
4,073,530.
-646585
231,820,564.
2,572,954.
62,529,729.
160,314,211.
6,403,670.
252,130,881.
13,923,393.
3,123,094.
3,190,399.
100,849,146.
127,350,007.
7,463,452.
7,522,371.
119,827,636.
3,387,452.
7,829,761.
21,376,259.
14,636,228.
6,740,031.
2,569,646.
4,141,160.
3,713,321.
3,656,972.
3,550,647.
4,226,734.
2,746,563.
23,281,800.
16,407,604.
6,874,196.
3,041,548.
3,832,648.
4,429,981.
4,335,039.
4,199,115.
4,027,590.
2,809,369.
(Thousand Rupees)
2011
2012
24,246,101. 26,067,383.
10,478,315. 10,478,315.
8,807,718.
9,488,277.
4,960,068.
6,100,791.
335,268.
2,186,254.
263,619,288. 272,486,173.
3,733,794.
4,092,268.
66,641,226. 41,569,169.
185,281,216. 217,670,832.
7,963,052.
9,153,904.
288,200,657. 300,739,810.
14,233,690. 16,918,780.
3,551,591.
5,151,149.
2,361,754.
147,459,163. 160,733,315.
119,679,648. 119,299,723.
15,427,848. 17,729,487.
10,022,934. 12,388,996.
109,656,714. 106,910,727.
3,230,658.
3,000,827.
7,707,087.
8,025,012.
27,263,385.
19,536,154.
7,727,231.
2,754,602.
4,972,629.
5,199,463.
5,527,286.
4,949,323.
4,644,806.
3,289,199.
27,154,883.
18,821,766.
8,333,117.
2,693,747.
5,639,370.
5,457,669.
6,059,044.
5,775,358.
5,037,995.
3,393,029.
752,753.
873,193.
1,047,831.
1,047,831.
10.%
0.0
15.%
20.%
16.%
20.%
0.0
0.0
58,187,921. -6943837
44,258,963. 17,498,743.
116,806,754. 200,438,547. 200,438,547. 127,978,834.
31.53%
2.84%
14.53%
1.16%
1.57%
1.75%
68.47%
.84
14.58%
.96
3.65
29.53%
2.73%
13.41%
1.11%
1.76%
1.52%
70.47%
1.04
15.64%
.95
3.22
28.34%
2.68%
13.57%
1.14%
1.8%
1.73%
71.66%
1.07
17.03%
.95
3.14
30.69%
2.77%
13.02%
1.13%
1.81%
1.88%
69.31%
1.15
18.58%
1.06
3.24
6.76%
47.09%
43.13%
59.95%
92.09%
75.2%
50.83%
6.76%
40.%
47.53%
63.58%
91.94%
79.44%
57.15%
6.17%
51.17%
38.05%
64.29%
91.47%
64.59%
47.51%
7.34%
53.45%
35.55%
72.38%
90.61%
54.81%
46.02%
5.95%
4.33%
33.67%
5.86%
5.91%
35.61%
12.89%
8.37%
63.63%
14.86%
10.38%
68.01%
0.0
55.51%
72.74%
40.43%
100.79%
27.48%
64.97%
21.74%
69.88%
7.97%
6.18
25.11
7.52
8.31%
9.56
24.
7.65
8.41%
8.27
23.14
7.64
8.67%
4.91
24.88
8.35
21.19
-2.47
13.46
5.16
JS BANK LIMITED
2008
Items
5,784,628.
1.Share capital
5,694,844.
2.Reserves
18,040.
71,744.
-508791
4.Others
16,351,965.
1.Bills payable
127,922.
537,655.
15,294,273.
392,115.
21,627,802.
1,285,247.
672,271.
1,405,210.
4.Investments
5,138,709.
5.Gross advances
9,810,093.
455,504.
129,644.
9,680,449.
9.Fixed assets
2,496,883.
949,033.
1,975,203.
1,361,738.
613,465.
11,218.
602,247.
492,345.
983,367.
982,624.
111,225.
54,770.
E.Other items
569,484.
2.Cash dividend
0.0
0.0
403,176.
1,260,563.
31.06%
2.84%
.95%
.25%
2.28%
2.78%
68.94%
8.83
39.85%
2.
.1
G.Liquidity ratios
9.05%
23.76%
44.76%
70.72%
75.61%
64.14%
61.96%
4.64%
1.32%
7.87%

8.65%
28.46%
26.75%
.22
10.16
2.64
J.Cash flow ratio
48
2012
(Thousand Rupees)
2009
2010
2011
2012
5,622,453.
7,237,084.
8,809,116. 10,651,892.
6,127,605.
8,149,715. 10,002,930. 10,724,643.
18,040.
18,040.
89,978.
231,613.
-523192
-930671
-1283792
-304364
-28080
32,106. -1398798
283,046.
27,240,361. 33,545,361. 45,721,589. 73,083,839.
320,492.
369,620.
1,246,994.
713,747.
5,039,635.
5,524,410.
3,171,800.
8,704,685.
21,313,791. 26,276,328. 40,174,351. 61,934,787.
566,443.
1,375,003.
1,128,444.
1,730,620.
32,894,920. 39,383,647. 54,502,625. 84,018,777.
1,764,403.
2,298,806.
3,880,782.
5,027,942.
1,820,857.
917,802.
165,067.
1,193,864.
3,482,564.
3,643,360.
3,803,022.
3,740,958.
9,535,555. 13,701,699. 22,906,646. 47,884,719.
12,167,220. 14,505,537. 18,543,633. 20,880,638.
857,059.
1,902,566.
2,776,895.
3,037,264.
477,567.
527,424.
513,749.
971,253.
11,689,653. 13,978,113. 18,029,884. 19,909,385.
3,039,329.
2,882,941.
3,064,883.
3,412,167.
1,562,559.
1,960,926.
2,652,341.
2,849,742.
2,527,295.
3,299,767.
1,806,709.
2,255,014.
720,586.
1,044,753.
772,688.
136,484.
-52102
908,269.
339,470.
332,974.
1,736,161.
1,863,793.
1,734,815.
1,846,840.
-1448793
-622550
-594936
-407479
4,319,252.
6,168,310.
2,583,678.
3,731,733.
1,735,574.
2,436,577.
151,199. -529928
1,886,773.
2,966,505.
769,937.
2,148,184.
2,119,374.
2,864,677.
2,111,534.
2,892,734.
537,336.
1,190,156.
361,645.
819,833.
612,761.
0.0
0.0
6,268,544.
10,400,433.
814,972.
0.0
0.0
1,760,620.
7,898,774.
1,000,293.
0.0
0.0
3,527,847.
7,820,884.
1,072,464.
0.0
0.0
29,237,117.
10,993,558.
28.51%
2.19%
-10.58%
-1.81%
1.03%
-.16%
71.49%
-1.2
60.56%
5.11
-.97
31.66%
2.65%
-5.63%
-1.03%
.85%
2.31%
68.34%
-2.97
51.31%
5.55
-.5
40.18%
3.18%
4.11%
.66%
1.41%
3.46%
59.82%
3.93
41.64%
2.74
.36
39.5%
2.9%
7.7%
.98%
2.56%
3.53%
60.5%
2.43
34.45%
1.35
.76
10.9%
28.99%
35.54%
64.79%
82.81%
57.09%
46.17%
8.17%
34.79%
35.49%
66.72%
85.18%
55.2%
45.61%
7.42%
42.03%
33.08%
73.71%
83.89%
46.16%
42.78%
7.41%
56.99%
23.7%
73.72%
86.99%
33.71%
29.56%
7.04%
3.93%
15.24%
13.12%
3.64%
26.29%
14.97%
2.77%
31.52%
14.55%
4.65%
28.51%
161.8%
55.72%
25.88%
27.72%
29.43%
18.5%
-54.56%
31.98%
17.09%
1.85
9.18
3.79
18.38%
1.09
8.88
3.63
16.16%
.89
8.81
4.56
12.68%
1.03
9.93
5.81
-10.54
-4.32
9.76
35.66
KASB BANK LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
3,191,389.
4,014,890.
151,287.
-974788
6,008,118.
42,599,591.
217,520.
6,300,622.
35,087,477.
993,972.
51,799,098.
1,507,632.
59,093.
556,455.
9,454,149.
35,164,850.
7,354,408.
2,924,654.
32,240,196.
2,909,213.
5,072,360.
4,861,400.
4,448,440.
412,960.
2,223,938.
-1810978
615,591.
1,787,364.
1,759,032.
-1849199
-972969
401,489.
0.0
0.0
-3436371
14,966,219.
8.49%
.8%
-30.49%
-1.88%
1.19%
-3.5%
91.51%
-.95
32.63%
2.86
-2.42
3.02%
18.25%
62.24%
67.74%
82.24%
100.22%
84.96%
20.91%
8.32%
230.45%

76.04%
39.77%
6.16%
4.69
7.95
10.99
J.Cash flow ratio
49
2012
(Thousand Rupees)
2009
2010
2011
2012
4,363,093.
1,940,292.
9,413,468.
8,635,706.
9,508,617.
9,508,617. 19,508,617. 19,508,617.
151,287.
162,727.
30,839.
53,116.
-5296811
-7731052
-10125988
-10926027
-5608088
1,053,728.
1,037,423. -5886596
55,582,766. 55,863,821. 69,663,886. 87,250,008.
386,066.
541,041.
891,579.
877,827.
8,696,140.
6,636,645.
4,607,205. 21,245,349.
43,807,061. 46,694,675. 61,993,604. 62,600,058.
2,693,499.
1,991,460.
2,171,498.
2,526,774.
60,999,587. 58,841,536. 73,190,758. 90,277,626.
2,851,783.
3,272,624.
4,822,751.
4,766,966.
235,121.
360,306. 10,930,425.
2,039,237.
2,804,596.
40,000.
622,683.
352,947.
13,580,973. 12,859,540. 15,588,703. 39,968,886.
34,054,696. 35,520,314. 35,245,477. 38,380,915.
7,355,353.
9,617,879. 12,138,602. 13,868,789.
4,138,250.
5,310,930.
5,858,803.
7,291,235.
29,916,446. 30,209,384. 29,386,674. 31,089,680.
4,027,676.
4,541,778.
4,366,514.
3,703,959.
7,582,992.
7,557,904.
7,473,008.
8,355,951.
5,120,943.
5,569,707.
-448764
1,971,290.
-2420054
1,111,457.
3,058,379.
2,796,425.
-5864077
-4318749
5,158,566.
4,711,888.
6,594,769.
5,169,142.
5,196,408.
4,252,011.
-10576
484,520.
2,342,758.
1,307,259.
284,941.
1,781,849.
-1317835
769,461.
560,909.
971,501.
955,050.
1,454,480.
3,016,905.
3,257,947.
3,877,476.
2,989,039.
2,805,265.
3,142,427.
-3487184
-3146226
-1596866
-2727345
-2524305
-806044
950,862.
950,862.
0.0
0.0
26.%
0.0
9,162,534. -199789
18,276,636. 21,047,073.
1,950,862.
0.0
0.0
11,029,923.
39,795,348.
1,950,862.
0.0
0.0
15,231,484.
53,022,230.
-8.76%
-.74%
-98.98%
-7.08%
1.82%
-3.97%
108.76%
-.48
49.07%
2.52
-4.54
-.21%
-.02%
-140.56%
-4.64%
1.65%
-2.24%
100.21%
-.86
49.21%
3.08
-2.87
10.28%
-.66%
-26.82%
-3.45%
1.3%
1.05%
110.28%
-.89
57.49%
2.94
-1.29
35.52%
2.6%
-9.33%
-.89%
1.61%
.62%
64.48%
-1.97
48.17%
2.16
-.41
5.06%
22.26%
49.04%
71.82%
91.12%
77.74%
64.86%
6.17%
21.85%
51.34%
79.36%
94.94%
76.07%
66.6%
21.52%
21.3%
40.15%
84.7%
95.18%
56.85%
52.92%
7.54%
44.27%
34.44%
69.34%
96.65%
61.31%
45.78%
21.6%
12.15%
168.58%
27.08%
14.95%
495.69%
34.44%
16.62%
128.95%
36.13%
19.%
160.6%
47.64%
56.26%
24.61%
55.22%
4.86%
48.27%
24.44%
52.57%
7.15%
4.19
4.59
10.04
3.3%
10.85
2.04
24.07
12.86%
4.23
4.83
6.59
9.57%
6.14
4.43
7.25
-2.12
.07
-4.37
-18.9
MCB BANK LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
52,244,865.
6,282,768.
36,768,765.
9,193,332.
6,191,189.
385,179,850.
10,551,468.
22,663,840.
330,181,624.
21,782,918.
443,615,904.
39,631,172.
4,043,100.
4,100,079.
96,631,874.
272,847,325.
56,462.
10,711,855.
262,135,470.
17,263,733.
19,810,476.
40,043,824.
11,560,740.
28,483,084.
4,019,121.
24,463,963.
5,791,440.
8,387,837.
7,546,878.
21,867,566.
15,374,600.
628,276.
115.%
10.%
2,031,538.
392,959,678.
71.13%
6.42%
29.43%
3.47%
1.31%
5.51%
28.87%
.35
18.3%
1.3
24.47
9.85%
21.78%
59.09%
74.43%
86.83%
82.64%
77.33%
.02%
3.93%
.11%

37.52%
18,971.8%
11.78%
7.52
83.16
6.32
J.Cash flow ratio
.13
50
2012
2009
63,120,371.
6,911,045.
38,387,656.
17,821,670.
9,192,909.
439,428,598.
8,201,090.
44,662,088.
367,581,075.
18,984,345.
511,741,878.
38,774,871.
6,077,354.
3,000,000.
169,484,647.
269,721,034.
23,238,723.
16,472,769.
253,248,265.
18,099,010.
23,057,731.
2010
71,225,105.
7,602,150.
40,164,526.
23,458,429.
10,774,022.
488,482,736.
10,265,537.
25,684,593.
431,295,499.
21,237,107.
570,481,863.
45,407,264.
1,551,518.
4,401,781.
215,747,844.
274,157,806.
24,543,807.
19,592,335.
254,565,471.
21,061,787.
27,746,198.
51,621,911.
15,835,581.
44,299,590.
7,322,321.
36,977,269.
5,754,853.
11,069,912.
10,235,366.
23,349,146.
15,665,403.
54,829,365.
18,027,372.
36,801,993.
3,597,117.
33,204,876.
6,441,642.
13,406,395.
12,327,496.
26,509,636.
16,874,019.
(Thousand Rupees)
2011
2012
81,034,402. 90,630,601.
8,362,365.
9,198,601.
42,412,588. 44,620,928.
30,259,449. 36,811,072.
10,619,903. 15,124,526.
564,670,502. 664,527,414.
9,466,818.
9,896,284.
39,100,627. 79,064,351.
491,146,798. 544,988,091.
24,956,259. 30,578,688.
656,324,807. 770,282,541.
53,122,620. 57,420,211.
2,357,418.
1,236,736.
955,087.
1,551,472.
319,005,983. 405,601,313.
249,907,060. 262,597,534.
26,664,873. 25,561,774.
22,333,442. 22,809,023.
227,573,618. 239,788,511.
22,418,450. 24,144,242.
30,891,631. 40,540,056.
68,215,902.
23,632,615.
44,583,287.
3,653,614.
40,929,673.
8,241,260.
17,777,644.
15,860,242.
31,321,782.
19,302,483.
68,443,744.
27,503,496.
40,940,248.
478,065.
40,462,183.
9,541,155.
17,823,496.
17,410,747.
32,476,487.
21,235,235.
691,105.
760,215.
836,237.
919,860.
110.%
115.%
120.%
130.%
10.%
10.%
10.%
10.%
78,214,049. 58,654,480. 124,596,626. 96,668,070.
376,583,024. 136,245,597. 162,379,259. 143,379,581.
85.82%
6.99%
24.82%
3.06%
1.12%
7.23%
30.68%
.44
19.29%
1.78
22.67
67.12%
6.45%
23.69%
2.96%
1.13%
5.82%
32.88%
.47
21.88%
1.91
22.2
65.36%
6.79%
23.82%
2.94%
1.26%
6.24%
34.64%
.51
23.25%
1.92
23.08
59.82%
5.31%
23.43%
2.76%
1.24%
5.25%
40.18%
.54
22.86%
1.82
23.09
8.76%
33.12%
49.49%
71.83%
85.87%
73.38%
65.43%
8.23%
37.82%
44.62%
75.6%
85.63%
63.57%
59.99%
8.45%
48.6%
34.67%
74.83%
86.04%
50.88%
47.13%
7.61%
52.66%
31.13%
70.75%
86.27%
48.18%
42.08%
8.62%
6.11%
36.82%
8.95%
7.15%
34.46%
10.67%
8.94%
32.91%
9.73%
8.69%
28.2%
44.45%
70.89%
18.36%
79.83%
16.36%
83.76%
2.1%
89.23%
12.33%
5.97
91.33
5.82
12.49%
1.91
93.69
6.06
12.35%
2.
96.9
6.06
11.77%
1.58
98.53
6.01
4.99
3.48
6.45
4.55
MEEZAN BANK LIMITED

2008
Items
6,341,097.
1.Share capital
4,925,961.
2.Reserves
845,022.
570,114.
-366119
4.Others
79,301,092.
1.Bills payable
1,057,017.
4,008,496.
70,233,875.
4,001,704.
85,276,070.
5,763,710.
1,344,974.
18,108,000.
4.Investments
14,526,699.
5.Gross advances
40,626,920.
3,649,163.
1,098,189.
39,528,731.
9.Fixed assets
1,880,515.
4,123,441.
6,803,213.
3,088,334.
3,714,879.
717,320.
2,997,559.
707,908.
2,713,156.
2,626,606.
992,311.
621,187.
E.Other items
492,596.
2.Cash dividend
0.0
8.6%
3,320,190.
56,411,095.
54.6%
4.36%
9.8%
.73%
.83%
3.52%
45.4%
2.65
36.12%
3.71
1.26
G.Liquidity ratios
8.34%
17.03%
46.35%
82.36%
92.99%
57.85%
54.72%
8.98%
2.7%
57.55%

65.32%
30.09%
7.44%
8.9
12.87
11.08
J.Cash flow ratio
51
2012
2009
9,814,412.
6,650,048.
1,074,408.
2,089,956.
396,911.
115,290,455.
1,249,210.
8,593,425.
100,331,448.
5,116,372.
125,501,778.
8,387,522.
5,262,341.
34,486,875.
24,370,190.
44,238,200.
3,649,163.
2,528,544.
41,709,656.
2,437,228.
8,847,966.
2010
10,740,123.
6,982,550.
1,380,010.
2,377,563.
339,868.
143,672,434.
1,767,370.
5,829,296.
131,070,328.
5,005,440.
154,752,425.
12,780,806.
9,939,660.
10,511,855.
54,966,907.
64,116,390.
4,318,323.
3,851,146.
60,265,244.
3,066,100.
3,221,853.
10,105,518.
4,969,843.
5,135,675.
1,532,051.
3,603,624.
1,707,492.
3,626,697.
3,681,088.
2,527,405.
1,676,242.
12,284,569.
6,606,370.
5,678,199.
1,496,019.
4,182,180.
2,687,274.
4,723,597.
4,637,393.
2,443,282.
1,899,782.
(Thousand Rupees)
2011
2012
13,328,673. 15,481,738.
8,029,933.
9,033,675.
2,058,319.
2,759,942.
3,240,421.
3,688,121.
457,678.
1,069,020.
186,764,043. 257,885,752.
2,282,045.
3,058,503.
9,235,960. 18,461,347.
170,030,431. 230,425,986.
5,215,607.
5,939,916.
200,550,394. 274,436,510.
16,641,160. 19,125,401.
2,348,076.
3,851,150.
4,065,406.
500,000.
98,488,574. 152,459,855.
75,698,616. 94,402,267.
4,647,792.
5,000,028.
5,321,135.
5,724,191.
70,377,481. 88,678,076.
3,985,248.
4,898,240.
4,644,449.
4,923,788.
18,032,152.
8,665,622.
9,366,530.
1,389,155.
7,977,375.
2,263,349.
6,331,458.
5,958,595.
4,356,300.
3,391,543.
21,836,972.
11,384,534.
10,452,438.
451,191.
10,001,247.
2,398,590.
7,169,611.
7,192,527.
5,230,226.
3,508,116.
665,005.
698,255.
802,993.
903,367.
0.0
0.0
10.%
15.%
5.%
15.%
12.5%
11.%
14,017,274. 35,528,395. 40,906,365. 59,402,194.
73,034,851. 108,236,057. 114,137,104. 140,171,979.
50.82%
4.09%
17.08%
1.34%
1.36%
2.87%
49.18%
1.46
30.7%
2.16
2.52
46.22%
3.67%
17.69%
1.23%
1.74%
2.7%
53.78%
1.9
31.55%
1.73
2.72
51.94%
4.67%
25.45%
1.69%
1.13%
3.98%
48.06%
1.37
31.2%
2.63
4.22
47.87%
3.81%
22.66%
1.28%
.87%
3.64%
52.13%
1.38
29.58%
3.
3.88
10.88%
19.42%
33.23%
79.94%
91.86%
44.09%
40.61%
14.68%
35.52%
38.94%
84.7%
92.84%
48.92%
46.83%
9.47%
49.11%
35.09%
84.78%
93.13%
44.52%
42.23%
8.37%
55.55%
32.31%
83.96%
93.97%
40.97%
37.93%
8.25%
5.72%
37.18%
6.74%
6.01%
40.21%
6.14%
7.03%
34.87%
5.3%
6.06%
32.3%
60.59%
69.29%
38.85%
89.18%
26.11%
114.49%
7.88%
114.48%
7.82%
7.44
14.76
10.22
6.94%
10.08
15.38
12.2
6.65%
8.56
16.6
12.76
5.64%
9.05
17.14
14.88
8.36
18.7
12.06
16.93
NIB BANK LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
29,006,672.
28,437,271.
8,326,684.
-7757283
10,691,836.
139,210,607.
1,432,084.
23,651,366.
104,586,167.
9,540,990.
178,909,115.
9,355,104.
793,843.
12,459,621.
35,176,823.
97,322,481.
16,715,515.
16,978,288.
80,344,193.
3,702,426.
37,077,105.
15,201,691.
10,799,816.
4,401,875.
9,657,400.
-5255525
2,421,876.
8,164,241.
6,433,122.
-1099789
-7474679
2,843,727.
0.0
0.0
21,302,169.
93,144,827.
28.96%
2.46%
-25.77%
-4.18%
1.35%
-2.94%
71.04%
-5.85
46.33%
2.66
-2.63
5.67%
19.66%
44.91%
58.46%
77.81%
93.05%
75.89%
17.18%
17.45%
57.63%

56.88%
101.57%
16.21%
3.21
10.2
3.61
J.Cash flow ratio
52
2012
2009
41,643,272.
40,437,271.
8,464,894.
-7258893
-115027
166,590,718.
1,574,207.
62,523,365.
93,919,805.
8,573,341.
208,118,963.
8,834,275.
3,683,783.
5,681,887.
62,432,977.
100,000,757.
15,746,457.
15,979,351.
84,021,406.
3,114,632.
40,350,003.
2010
7,892,204.
40,437,271.
8,464,894.
-41009961
5,992,736.
150,672,126.
1,335,493.
42,361,934.
99,111,741.
7,862,958.
164,557,066.
8,836,474.
2,952,593.
6,429,166.
50,209,083.
98,362,123.
34,711,468.
23,778,539.
74,583,584.
2,751,703.
18,794,463.
(Thousand Rupees)
2011
2012
59,912,879. 60,170,163.
103,028,512. 103,028,512.
218,276.
225,889.
-43333909
-43084238
-46249209
-45783056
141,161,341. 176,468,070.
1,738,422.
2,430,030.
47,382,031. 76,179,065.
85,472,247. 81,094,447.
6,568,641. 16,764,528.
154,825,011. 190,855,177.
7,969,044.
7,672,866.
1,486,560.
956,809.
14,666,918.
3,440,910.
47,786,041. 83,802,727.
84,489,211. 94,879,760.
34,194,582. 32,921,495.
23,627,698. 23,293,864.
60,861,513. 71,585,896.
2,722,863.
275,051.
19,332,072. 23,120,918.
18,272,363. 16,482,767. 14,250,121.

12,872,357. 13,467,526. 12,155,613.
5,400,006.
3,015,241.
2,094,508.
1,195,329. 10,041,017.
2,549,789.
4,204,677. -7025776
455,281.
1,681,833.
1,933,774.
1,976,884.
5,242,439.
7,336,960.
5,064,890.
5,345,307.
7,055,824.
4,823,582.
-3492009
644,071. -12089002
-2067422
691,048. -9706760
13,989,306.
11,125,821.
2,863,485.
116,981.
2,746,504.
2,395,490.
5,397,479.
5,331,398.
440,488.
262,080.
4,043,727.
4,043,727. 10,302,851.
0.0
0.0
0.0
0.0
0.0
0.0
-6809298
28,507,068. -16940772
123,505,187. 152,511,924. 142,890,225.
10,302,851.
0.0
0.0
33,535,245.
77,754,924.
29.55%
2.59%
1.66%
.33%
.81%
2.02%
70.45%
8.3
26.27%
3.18
.17
18.29%
1.83%
-122.99%
-5.9%
1.18%
-4.27%
81.71%
-.58
39.84%
3.65
-2.4
14.7%
1.35%
-3.45%
-1.34%
1.28%
.29%
85.3%
-1.38
31.21%
2.44
-.2
20.47%
1.5%
.44%
.14%
1.26%
1.44%
79.53%
12.1
32.94%
2.23
.03
6.01%
30.%
40.37%
45.13%
80.05%
106.47%
63.92%
7.16%
30.51%
45.32%
60.23%
91.56%
99.24%
69.53%
6.11%
30.86%
39.31%
55.21%
91.17%
98.85%
63.6%
4.52%
43.91%
37.51%
42.49%
92.46%
117.%
60.33%
15.75%
15.98%
37.81%
35.29%
24.17%
439.82%
40.47%
27.97%
57.07%
34.7%
24.55%
54.71%
7.48%
101.48%
42.23%
68.5%
10.79%
69.1%
.5%
70.76%
20.01%
2.97
10.3
2.26
4.8%
19.32
1.95
12.56
38.7%
2.38
5.82
1.43
31.53%
1.29
5.84
1.35
41.25
1.75
3.29
127.96
SAMBA BANK LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
5,476,330.
8,769,517.
43,080.
-3336267
-14176
11,025,182.
55,349.
437,949.
9,859,537.
672,347.
16,487,336.
774,575.
331,201.
2,313,308.
3,829,354.
8,605,889.
1,961,143.
2,442,881.
6,163,008.
1,157,689.
1,918,201.
1,758,004.
1,071,307.
686,697.
312,528.
374,169.
125,429.
1,511,039.
1,461,077.
-1011441
-742311
876,952.
0.0
0.0
4,073,848.
30,569,856.
39.06%
4.16%
-13.55%
-4.5%
.76%
2.27%
60.94%
-1.44
80.23%
11.65
-.85
6.71%
23.23%
37.38%
59.8%
66.87%
87.28%
83.57%
22.79%
28.39%
35.81%

12.79%
124.56%
33.22%
5.58
6.24
1.8
J.Cash flow ratio
53
2012
(Thousand Rupees)
2009
2010
2011
2012
4,883,277.
7,936,255.
8,172,770.
8,473,656.
8,769,517. 14,334,734. 14,334,734. 14,334,734.
43,080.
43,080.
90,383.
150,561.
-3929320
-6441559
-6252347
-6011639
2,192,383. -10577
9,497.
42,227.
16,658,466. 22,585,442. 23,148,705. 26,337,954.
78,127.
115,759.
529,005.
250,709.
3,141,284.
6,534,994.
3,996,032.
2,477,466.
12,520,633. 14,871,806. 17,669,297. 22,753,644.
918,422.
1,062,883.
954,371.
856,135.
23,734,126. 30,511,120. 31,330,972. 34,853,837.
961,280.
1,250,011.
1,463,306.
2,052,832.
707,912.
1,195,948.
59,384.
2,289,653.
3,123,377.
1,389,003.
803,459.
2,777,162.
5,807,829. 11,090,905.
9,663,613.
8,894,957.
12,343,360. 14,747,321. 18,374,905. 17,842,935.
2,726,295.
2,711,299.
2,619,410.
2,451,481.
2,619,949.
2,609,535.
2,543,578.
2,398,159.
9,723,411. 12,137,786. 15,831,327. 15,444,776.
1,112,169.
1,001,413.
903,608.
832,375.
2,298,148.
2,446,054.
2,606,275.
2,562,082.
1,878,626.
2,384,653.
1,208,857.
1,350,320.
669,769.
1,034,333.
239,511.
17,599.
430,258.
1,016,734.
92,224.
321,243.
1,590,906.
1,468,273.
1,415,235.
1,456,873.
-1068424
-130296
-593053
-119594
876,952.
0.0
0.0
6,840,004.
14,557,877.
3,352,186.
3,054,034.
1,943,845.
1,721,825.
1,408,341.
1,332,209.
46,204. -90600
1,454,545.
1,422,809.
152,397.
154,505.
1,406,048.
1,413,280.
1,393,321.
1,458,244.
200,894.
164,034.
236,515.
300,886.
1,433,473.
1,433,473.
0.0
0.0
0.0
0.0
5,087,251. -2388547
17,205,195. 29,978,957.
1,433,473.
0.0
0.0
2,027,886.
11,344,410.
35.65%
2.82%
-12.14%
-2.5%
.39%
1.81%
64.35%
-1.32
80.72%
15.35
-.68
43.37%
3.39%
-1.51%
-.39%
1.05%
3.33%
56.63%
-11.18
54.26%
4.54
-.08
42.01%
4.5%
2.89%
.75%
.49%
4.64%
57.99%
6.94
40.12%
9.14
.16
43.62%
3.82%
3.55%
.86%
.44%
4.08%
56.38%
8.89
44.05%
9.44
.21
7.03%
24.47%
40.97%
52.75%
70.19%
98.58%
78.81%
8.02%
36.35%
39.78%
48.74%
74.02%
99.16%
68.89%
4.86%
30.84%
50.53%
56.4%
73.88%
103.99%
84.81%
12.46%
25.52%
44.31%
65.28%
75.57%
78.42%
70.72%
22.09%
21.23%
55.83%
18.39%
17.69%
34.16%
14.26%
13.84%
32.05%
13.74%
13.44%
28.93%
9.14%
96.1%
.67%
96.25%
1.82%
97.1%
-3.78%
97.82%
20.57%
2.98
5.57
2.56
26.01%
2.17
5.54
1.87
26.09%
3.67
5.7
2.16
24.31%
1.34
5.91
2.69
-11.53
-42.54
-10.1
6.74
SILKBANK LIMITED
Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
3,089,997.
9,003,150.
218,556.
-6131709
1,301,363.
51,253,908.
431,537.
8,738,616.
41,056,630.
1,027,125.
55,645,268.
3,070,067.
190,197.
1,376,651.
12,012,233.
38,187,392.
12,845,225.
7,100,019.
31,087,373.
3,002,450.
4,906,297.
4,588,299.
4,218,901.
369,398.
1,642,093.
-1272695
384,510.
1,946,070.
1,935,732.
-2834255
-2014268
900,315.
0.0
0.0
-7387980
13,208,986.
8.05%
.66%
-65.19%
-3.62%
.69%
-2.29%
91.95%
-.68
39.13%
5.03
-2.24
5.86%
21.59%
55.87%
73.78%
92.11%
93.01%
76.69%
33.64%
18.59%
415.7%

23.13%
55.27%
5.55%
4.27
3.43
13.29
J.Cash flow ratio
54
2012
(Thousand Rupees)
2009
2010
2011
2012
196,905. 13,431,374. 18,800,542. 18,478,435.
9,003,150. 26,716,048. 26,716,048. 26,716,048.
224,649.
0.0
139,013.
162,762.
-9030894
-13284674
-8054519
-8400375
-13162035
-13124650
1,566,184. -8597427
66,901,252. 67,835,146. 85,031,770. 83,707,785.
637,602.
836,931.
1,679,456.
1,978,549.
15,088,332.
9,871,141. 17,781,686. 11,376,781.
49,610,034. 55,706,188. 64,071,908. 69,050,447.
1,565,284.
1,420,886.
1,498,720.
1,302,008.
68,664,341. 72,669,093. 90,670,277. 89,061,570.
3,120,880.
3,414,524.
4,436,142.
4,006,569.
151,068.
89,355.
94,322.
86,002.
1,067,708.
1,050,754.
3,100,803.
5,662,423.
20,179,329. 13,190,048. 17,547,640. 12,734,898.
40,592,094. 52,924,512. 55,309,362. 54,018,762.
11,891,428. 12,360,000. 11,022,942. 10,816,957.
8,494,604.
8,570,106.
5,373,083.
5,018,268.
32,097,490. 44,354,406. 49,936,279. 49,000,494.
3,720,695.
2,443,805.
4,755,911.
4,637,334.
8,327,171.
8,126,201. 10,799,180. 12,933,850.
5,913,317.
6,775,565.
5,855,517.
5,926,528.
57,800.
849,037.
2,309,355.
228,114.
-2251555
620,923.
662,187.
1,184,804.
2,663,091.
3,041,273.
2,747,856.
3,153,601.
-4252459
-1235546
-2902905
-1131154
8,385,608.
8,583,566.
6,514,770.
6,681,338.
1,870,838.
1,902,228.
2,629,853. -580489
4,500,691.
2,482,717.
846,586.
1,064,666.
3,988,359.
4,076,652.
3,779,045.
4,213,559.
1,358,918. -529269
695,063. -344271
900,315.
2,671,605.
0.0
0.0
0.0
0.0
6,510,410. -10346069
13,454,187. 18,460,536.
2,671,605.
2,671,605.
0.0
0.0
0.0
0.0
8,225,230. -6429336
24,940,371. 23,457,281.
.98%
.08%
-1,474.27%
-4.23%
.96%
-3.28%
99.02%
-.65
40.5%
4.15
-3.22
12.53%
1.17%
-8.42%
-1.56%
1.63%
.85%
87.47%
-2.55
38.21%
2.66
-.42
22.31%
2.06%
3.7%
.77%
.93%
4.96%
77.69%
2.78
43.2%
4.46
.26
22.16%
2.14%
-1.86%
-.39%
1.2%
2.79%
77.84%
-7.96
42.25%
3.96
-.13
4.77%
29.39%
46.75%
72.25%
97.43%
81.82%
62.74%
4.82%
18.15%
61.04%
76.66%
93.35%
95.01%
80.71%
5.%
19.35%
55.07%
70.66%
93.78%
86.32%
67.57%
4.6%
14.3%
55.02%
77.53%
93.99%
78.23%
67.16%
29.29%
20.93%
6,039.17%
23.35%
16.19%
92.02%
19.93%
9.71%
58.63%
20.02%
9.29%
58.54%
27.19%
71.43%
2.66%
69.34%
48.94%
48.74%
-11.57%
46.39%
.29%
68.33
.22
251.95
18.48%
1.37
5.03
4.15
20.74%
1.33
7.04
3.41
20.75%
1.27
6.92
3.74
-2.24
9.15
11.83
18.68
SONERI BANK LIMITED

2008
Items
6,965,749.
1.Share capital
4,114,222.
2.Reserves
2,016,877.
834,650.
4.Others
147,298.
73,864,207.
1.Bills payable
1,254,496.
8,441,454.
61,634,491.
2,533,766.
80,977,254.
5,646,755.
3,908,859.
3,990,269.
4.Investments
14,053,177.
5.Gross advances
49,464,962.
5,002,417.
1,889,598.
47,575,364.
9.Fixed assets
3,126,857.
2,675,973.
7,822,941.
4,878,347.
2,944,594.
1,265,942.
1,678,652.
1,226,206.
1,951,625.
1,673,590.
953,233.
701,041.
E.Other items
411,422.
2.Cash dividend
0.0
22.%
4,500,148.
30,104,153.
37.64%
3.64%
10.06%
.87%
1.51%
2.07%
62.36%
1.76
21.57%
1.36
1.7
G.Liquidity ratios
11.8%
17.35%
58.75%
76.11%
91.22%
80.26%
70.59%
10.11%
3.82%
71.81%

67.%
37.77%
8.6%
4.32
16.93
8.85
J.Cash flow ratio
55
2012
(Thousand Rupees)
2009
2010
2011
2012
7,181,577.
8,381,360. 10,236,801. 11,399,026.
5,019,351.
6,023,221.
9,029,185. 10,022,396.
2,003,948.
2,029,036.
1,182,501.
410,129.
158,278.
329,103.
25,115.
966,501.
621,624.
536,313.
740,486.
953,874.
87,507,071. 99,188,005. 118,755,099. 146,265,336.
1,763,401.
1,857,810.
1,571,314.
2,522,405.
9,385,522. 12,370,528. 14,557,179. 20,398,487.
73,548,226. 82,016,811. 99,733,970. 120,830,571.
2,809,922.
2,942,856.
2,892,636.
2,513,873.
95,310,272. 108,105,678. 129,732,386. 158,618,236.
6,471,173.
7,247,711.
8,959,130. 11,491,348.
1,497,193.
1,400,451.
879,000.
1,249,168.
2,755,377.
2,531,900.
813,190.
1,123,067.
29,537,179. 34,985,663. 45,775,969. 59,517,180.
51,939,441. 59,293,364. 71,071,622. 83,254,363.
3,190,077.
7,096,036.
8,941,653.
9,927,397.
3,212,338.
4,617,643.
5,731,675.
6,249,357.
48,727,103. 54,675,721. 65,339,947. 77,005,006.
3,333,891.
3,468,923.
3,833,916.
4,015,233.
2,988,356.
3,795,309.
4,131,234.
4,217,234.
9,337,284.
6,602,779.
2,734,505.
1,633,343.
1,101,162.
1,168,193.
2,078,942.
2,113,660.
190,413.
145,355.
10,250,494.
7,203,842.
3,046,652.
1,452,236.
1,594,416.
1,228,431.
2,682,400.
2,623,991.
140,447.
125,440.
12,895,306.
8,997,385.
3,897,921.
1,272,178.
2,625,743.
1,955,203.
3,502,675.
3,447,925.
1,078,271.
783,533.
14,068,169.
9,224,135.
4,844,034.
519,632.
4,324,402.
1,856,932.
4,459,278.
4,248,241.
1,722,056.
1,104,193.
501,935.
0.0
0.0
13,892,687.
39,824,682.
602,322.
0.0
0.0
5,497,142.
55,540,656.
902,919.
0.0
12.5%
11,482,024.
32,814,252.
1,002,240.
0.0
11.%
17,381,324.
61,324,567.
29.29%
2.87%
2.02%
.15%
1.23%
1.16%
70.71%
11.1
19.79%
1.81
.29
29.72%
2.82%
1.5%
.12%
1.14%
1.47%
70.28%
18.68
23.37%
2.14
.21
30.23%
3.%
7.65%
.6%
1.51%
2.02%
69.77%
3.2
23.59%
1.76
.87
34.43%
3.05%
9.69%
.7%
1.17%
2.73%
65.57%
2.47
28.%
2.29
1.1
8.36%
30.99%
51.12%
77.17%
91.81%
70.62%
62.63%
8.%
32.36%
50.58%
75.87%
91.75%
72.29%
62.82%
7.58%
35.28%
50.37%
76.88%
91.54%
71.26%
62.18%
8.03%
37.52%
48.55%
76.18%
92.21%
68.9%
58.95%
6.14%
6.18%
44.42%
11.97%
7.79%
84.66%
12.58%
8.06%
87.35%
11.92%
7.51%
87.09%
50.85%
100.7%
31.45%
65.07%
22.2%
64.1%
8.31%
62.95%
7.53%
5.55
14.31
10.24
7.75%
6.63
13.92
9.79
7.89%
3.21
11.34
9.74
7.19%
5.38
11.37
10.6
95.58
43.82
14.65
15.74
STANDARD CHARTERED BANK (PAKISTAN) LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
44,010,120.
38,715,850.
1,812,492.
3,481,778.
-1252980
221,860,038.
4,296,420.
8,695,730.
174,551,801.
34,316,087.
264,617,178.
22,741,035.
1,261,582.
31,466,898.
29,586,663.
137,716,271.
16,534,389.
12,114,806.
125,601,465.
3,886,275.
50,073,260.
23,307,442.
6,888,900.
16,418,542.
9,316,038.
7,102,504.
6,611,470.
12,620,994.
12,424,711.
1,092,980.
677,132.
3,871,585.
0.0
0.0
-12894580
121,947,090.
70.44%
6.2%
1.54%
.26%
2.5%
2.68%
29.56%
11.37
42.18%
1.88
.17
9.07%
11.18%
47.47%
65.96%
83.84%
78.9%
75.15%
12.01%
8.8%
37.57%

76.9%
73.27%
16.63%
2.77
11.37
3.97
J.Cash flow ratio
56
2012
2009
44,817,406.
38,715,850.
2,052,347.
4,049,209.
3,852,905.
268,909,813.
4,844,638.
15,847,326.
206,915,825.
41,302,024.
317,580,124.
21,521,592.
2,305,891.
20,568,064.
83,263,661.
146,243,792.
21,388,480.
16,783,638.
129,460,154.
7,003,915.
53,456,847.
2010
48,339,869.
38,715,850.
2,785,229.
6,838,790.
3,760,200.
275,197,331.
5,691,864.
15,914,343.
220,187,888.
33,403,236.
327,297,400.
24,087,885.
921,931.
30,421,885.
72,294,275.
163,713,272.
22,581,390.
18,991,715.
144,721,557.
6,606,225.
48,243,642.
27,242,261.
10,725,651.
16,516,610.
9,447,907.
7,068,703.
6,924,143.
12,477,127.
12,148,873.
1,515,719.
872,411.
28,569,842.
11,016,266.
17,553,576.
4,359,235.
13,194,341.
12,997,894.
13,439,371.
12,997,894.
5,757,685.
3,740,855.
(Thousand Rupees)
2011
2012
51,535,761. 50,631,418.
38,715,850. 38,715,850.
3,879,491.
5,068,628.
8,940,420.
6,846,940.
4,122,977.
4,792,650.
308,529,074. 343,631,382.
4,576,789.
6,164,867.
19,361,864. 23,399,389.
235,874,584. 266,598,571.
48,715,837. 47,468,555.
364,187,812. 399,055,450.
26,293,151. 31,487,972.
3,204,253.
2,700,218.
20,205,971. 19,845,269.
104,040,114. 131,741,003.
159,653,491. 169,489,759.
26,102,557. 27,473,845.
22,344,611. 24,571,487.
137,308,880. 144,918,272.
6,437,023.
6,381,584.
66,698,420. 61,981,132.
32,825,124.
11,907,713.
20,917,411.
4,507,477.
16,409,934.
6,192,553.
14,016,159.
13,408,462.
8,586,328.
5,553,141.
32,214,232.
12,337,997.
19,876,235.
3,578,599.
16,297,636.
7,311,963.
14,287,244.
14,045,547.
9,322,355.
6,045,864.
3,871,585.
3,871,585.
3,871,585.
3,871,585.
0.0
6.%
10.%
20.%
0.0
0.0
0.0
0.0
46,769,642. -9718375
40,845,050. 39,321,043.
150,649,399. 164,327,870. 182,579,724. 155,958,393.
60.63%
5.2%
1.95%
.27%
2.18%
2.23%
39.37%
8.02
36.52%
1.75
.23
61.44%
5.36%
7.74%
1.14%
3.97%
4.03%
38.56%
2.26
32.33%
1.
.97
63.72%
5.74%
10.78%
1.52%
1.7%
4.51%
36.28%
1.56
35.92%
2.17
1.43
61.7%
4.98%
11.94%
1.52%
1.83%
4.08%
38.3%
1.51
36.15%
1.92
1.56
7.5%
26.22%
40.76%
65.15%
84.67%
70.68%
65.65%
7.64%
22.09%
44.22%
67.27%
84.08%
74.35%
69.34%
8.1%
28.57%
37.7%
64.77%
84.72%
67.69%
62.55%
8.57%
33.01%
36.32%
66.81%
86.11%
63.57%
58.45%
14.63%
11.48%
47.72%
13.79%
11.6%
46.71%
16.35%
14.%
50.65%
16.21%
14.5%
54.26%
56.29%
78.47%
22.95%
84.1%
20.17%
85.6%
14.56%
89.44%
14.11%
3.36
11.58
4.62
14.77%
3.4
12.49
4.55
14.15%
3.54
13.31
4.58
12.69%
3.08
13.08
5.27
53.61
-2.6
7.36
6.5
SUMMIT BANK LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
6,132,731.
5,000,000.
1,314,828.
-182097
-312611
18,982,697.
75,963.
1,869,940.
16,616,466.
420,328.
24,802,817.
1,349,649.
65,580.
200,000.
5,094,613.
16,510,341.
751,663.
751,663.
15,758,678.
927,882.
1,406,415.
2,471,982.
1,585,875.
886,107.
623,202.
262,905.
166,780.
776,959.
774,742.
-347274
-191408
500,000.
0.0
11.11%
1,156,154.
25,857,630.
35.85%
3.57%
-3.12%
-.77%
.67%
1.06%
64.15%
-2.23
29.44%
4.65
-.38
5.71%
20.54%
63.54%
66.99%
76.53%
99.36%
89.31%
4.55%
4.55%
12.26%

82.91%
100.%
24.73%
4.22
12.27
2.71
J.Cash flow ratio
57
2012
20,204,357.
44,477,357.
11,394,074.
5,723,944.
38,753,413.
2,781,943.
5,994,394.
(Thousand Rupees)
2011
2012
5,502,434.
2,840,291.
10,779,796. 10,779,796.
-1811675
-1811675
-3465687
-6127830
198,120.
165,764.
113,566,961. 131,283,011.
900,750.
1,654,302.
18,562,616. 28,900,432.
89,665,301. 96,815,372.
4,438,294.
3,912,905.
119,267,515. 134,289,066.
6,117,998.
8,110,198.
1,433,614.
3,601,183.
0.0
1,069,757.
2,038,500.
36,098,644. 49,777,088.
68,381,073. 64,942,457.
22,417,723. 23,409,947.
12,381,409. 12,393,303.
55,999,664. 52,549,154.
6,175,011.
5,450,400.
12,372,827. 12,762,543.
3,514,363.
7,068,952.
2,877,797.
6,100,832.
636,566.
968,120.
2,040,787.
2,230,522.
-1404221
1,262,402.
1,208,532.
623,446.
1,077,054.
3,250,790.
1,064,723.
2,790,634.
-2285586
-3889746
-2066790
-3032144
9,550,022. 10,262,500.
9,016,895. 10,133,076.
533,127.
129,424.
512,139.
22,942.
20,988.
106,482.
764,744.
1,425,650.
3,936,508.
4,032,501.
3,889,496.
4,006,090.
-3149628
-2499096
-1182769
-2717281
2009
4,065,941.
5,000,000.
1,064,828.
-1998887
-11541
34,118,975.
213,209.
1,554,801.
31,307,488.
1,043,477.
38,173,375.
1,923,526.
724,802.
1,433,817.
12,446,033.
21,072,058.
2,568,243.
2,568,243.
18,503,815.
1,570,754.
1,570,628.
2010
3,494,032.
7,250,660.
-1335050
-2421578
-220764
68,883,636.
357,293.
5,257,243.
61,537,424.
1,731,676.
72,156,904.
4,047,590.
375,207.
500,000.
0.0
0.0
8,975,769.
35,826,776.
725,066.
0.0
0.0
4,361,206.
45,997,746.
1,077,980.
0.0
0.0
8,300,938.
45,997,746.
1,077,980.
0.0
0.0
17,593,639.
54,414,503.
18.11%
1.67%
-50.83%
-5.41%
3.17%
-3.68%
81.89%
-.47
22.8%
.88
-4.13
13.7%
1.34%
-86.78%
-4.2%
.86%
1.75%
86.3%
-.72
42.26%
4.48
-4.18
5.58%
.45%
-21.5%
-.99%
.64%
.02%
94.42%
-1.23
38.16%
5.09
-1.1
1.26%
.1%
-95.67%
-2.02%
1.06%
.08%
98.74%
-1.6
34.5%
2.81
-2.52
6.94%
32.6%
48.47%
82.01%
89.38%
67.31%
64.12%
6.13%
28.%
53.71%
85.28%
95.46%
72.28%
66.59%
6.33%
30.27%
46.95%
75.18%
95.22%
76.26%
63.18%
8.72%
37.07%
39.13%
72.09%
97.76%
67.08%
51.66%
12.19%
12.19%
63.16%
25.62%
12.87%
326.1%
32.78%
18.11%
407.41%
36.05%
19.08%
824.21%
79.46%
100.%
38.97%
50.24%
4.14%
55.23%
.19%
52.94%
10.65%
8.81
8.13
7.7
4.84%
13.16
4.82
17.61
4.61%
8.36
5.1
16.3
2.12%
19.16
2.63
34.09
-4.34
-1.44
-7.02
-6.47
UNITED BANK LIMITED

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
45,076,576.
10,117,188.
17,256,061.
17,703,327.
4,319,088.
571,311,725.
5,210,870.
44,749,690.
492,267,898.
29,083,267.
620,707,389.
50,143,570.
14,540,306.
22,805,341.
115,057,090.
397,736,446.
28,552,722.
19,791,080.
377,945,366.
19,926,915.
20,288,801.
52,763,249.
24,247,281.
28,515,968.
7,753,688.
20,762,280.
11,199,152.
17,780,935.
16,679,968.
14,052,051.
8,445,251.
1,011,718.
25.%
10.%
1,025,033.
48,668,314.
54.05%
4.59%
18.74%
1.36%
1.8%
3.34%
45.95%
1.19
27.8%
1.49
8.35
10.42%
18.54%
60.89%
79.31%
92.04%
80.8%
74.06%
7.18%
4.98%
63.34%

39.18%
69.31%
7.26%
1.08
44.55
10.92
J.Cash flow ratio
.12
58
2012
2009
55,914,736.
11,128,907.
21,167,954.
23,617,875.
11,403,627.
573,103,548.
5,166,361.
37,168,277.
503,831,672.
26,937,238.
640,421,911.
61,562,141.
14,049,990.
23,162,130.
137,734,578.
390,493,953.
40,065,237.
28,414,357.
362,079,596.
23,734,082.
18,099,394.
2010
63,919,969.
12,241,798.
24,101,838.
27,576,333.
11,214,211.
651,288,371.
5,074,700.
47,631,814.
567,611,258.
30,970,599.
726,422,551.
67,667,226.
26,430,928.
11,934,778.
231,717,214.
376,480,024.
51,144,170.
34,969,612.
341,510,412.
24,684,566.
22,477,427.
61,745,462.
28,323,272.
33,422,190.
12,879,215.
20,542,975.
12,070,500.
18,911,237.
17,803,338.
14,392,181.
9,487,952.
60,046,011.
25,207,785.
34,838,226.
8,150,258.
26,687,968.
10,584,485.
19,861,194.
19,137,857.
17,688,623.
11,020,925.
(Thousand Rupees)
2011
2012
73,945,411. 82,772,301.
12,241,798. 12,241,798.
27,495,959. 32,298,690.
34,207,654. 38,231,813.
11,975,235. 18,082,083.
721,284,142. 859,356,031.
5,879,043.
7,600,633.
50,845,877. 67,215,209.
633,889,416. 755,264,264.
30,669,806. 29,275,925.
807,204,788. 960,210,415.
86,502,444. 94,766,489.
19,225,488. 22,843,080.
9,536,211. 21,953,458.
301,106,877. 381,245,903.
382,115,775. 430,694,442.
39,967,562. 53,567,224.
40,976,256. 44,860,181.
341,139,519. 385,834,261.
25,722,481. 27,460,839.
23,971,768. 26,106,385.
71,374,143.
31,305,056.
40,071,787.
7,274,864.
32,796,923.
13,129,783.
22,067,945.
21,253,504.
23,633,636.
14,887,113.
75,379,861.
35,736,985.
39,642,876.
4,246,967.
35,395,909.
17,194,831.
26,577,953.
25,448,913.
28,410,446.
19,279,784.
1,112,891.
1,224,180.
1,224,180.
1,224,180.
25.%
50.%
75.%
85.%
10.%
0.0
0.0
0.0
27,084,242. 105,607,607. 100,937,130. 94,242,177.
450,962,490. 269,878,986. 261,653,953. 561,832,979.
54.13%
5.22%
16.97%
1.48%
1.88%
3.21%
45.87%
1.24
25.62%
1.47
8.53
58.02%
4.8%
17.24%
1.52%
1.46%
3.67%
41.98%
1.08
28.12%
1.81
9.
56.14%
4.96%
20.13%
1.84%
1.63%
4.06%
43.86%
.9
26.11%
1.62
12.16
52.59%
4.13%
23.29%
2.01%
1.79%
3.69%
47.41%
.9
28.71%
1.48
15.75
11.81%
21.51%
56.54%
78.67%
89.49%
77.5%
72.18%
12.95%
31.9%
47.01%
78.14%
89.66%
66.33%
61.19%
13.1%
37.3%
42.26%
78.53%
89.36%
60.28%
55.8%
12.25%
39.7%
40.18%
78.66%
89.5%
57.03%
52.37%
10.26%
7.28%
71.65%
13.58%
9.29%
80.01%
10.46%
10.72%
54.05%
12.44%
10.42%
64.72%
45.33%
70.92%
23.31%
68.37%
17.75%
102.52%
9.47%
83.75%
8.73%
8.07
50.24
9.01
8.8%
4.22
52.21
8.88
9.16%
3.54
60.4
8.57
8.62%
6.79
67.61
9.12
2.85
9.58
6.78
4.89
Specialized Banks - Overall

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
-7631049
15,506,103.
2,438,371.
-25575523
3,494,010.
134,345,948.
755,721.
83,318,134.
13,883,492.
36,388,601.
130,208,909.
2,840,235.
18,315,949.
700,000.
12,046,115.
101,188,798.
22,710,747.
21,074,895.
80,113,903.
5,106,662.
11,086,045.
10,686,103.
5,110,072.
5,576,031.
1,333,576.
3,031,251.
6,363,253.
6,819,291.
5,844,945.
4,161,233.
2,322,667.
1,511,536.
N/A
N/A
-2141072
23,033,910.
52.18%
4.28%
-30.44%
1.78%
4.89%
2.33%
47.82%
1.4
40.%
.92
1.54
16.25%
9.25%
61.53%
10.66%
103.18%
728.84%
104.1%
22.44%
20.83%
-297.61%

6.33%
92.8%
-5.86%
-3.02
-5.05
-1.82
J.Cash flow ratio
1.Cash generated from opration activities to profit after tax (E4/D10) (times) -.92
59
2012
2009
-8401902
15,506,595.
2,474,080.
-26382577
3,667,038.
134,175,343.
750,837.
83,291,453.
13,993,545.
36,139,508.
129,440,479.
2,732,123.
18,153,423.
514,714.
11,287,064.
101,603,284.
29,549,247.
20,845,933.
80,757,351.
5,092,505.
10,903,299.
2010
-2357651
15,507,008.
5,667,412.
-23532071
4,112,638.
142,867,257.
382,039.
80,411,173.
19,388,626.
42,685,419.
144,622,244.
3,938,119.
12,711,768.
108,802.
14,337,679.
114,863,661.
32,828,790.
20,875,323.
93,988,338.
5,088,581.
14,448,957.
10,961,387.
6,273,993.
4,687,354.
1,823,956.
2,863,438.
6,310,426.
6,912,356.
6,616,341.
3,131,648.
1,731,787.
11,382,350.
5,567,663.
5,814,687.
1,756,218.
4,188,997.
4,967,514.
6,693,127.
6,684,865.
2,463,384.
1,482,473.
(Thousand Rupees)
2011
2012
3,400,433.
8,114,652.
15,507,532. 15,351,097.
9,401,686. 11,007,594.
-21508785
-18244039
4,722,128.
5,261,557.
141,606,251. 146,980,411.
424,070.
437,560.
77,927,198. 79,171,231.
17,679,270. 17,407,827.
45,575,713. 49,963,792.
149,728,812. 160,356,619.
3,877,585.
4,394,306.
13,369,905.
9,988,434.
875,567.
811,007.
19,444,243. 25,493,629.
114,608,118. 119,722,057.
34,587,578. 34,212,906.
20,393,166. 20,450,700.
94,214,952. 99,271,357.
5,098,297.
4,826,071.
12,848,263. 15,571,815.
12,186,304.
5,200,549.
7,558,555.
853,140.
6,474,415.
3,394,097.
6,302,529.
6,125,243.
3,572,001.
2,435,519.
13,795,807.
4,506,849.
9,288,958.
1,213,615.
8,075,343.
4,597,348.
8,815,351.
8,668,686.
3,857,340.
2,528,709.
1,511,541.
1,497,415.
1,497,421.
1,497,421.
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-34771
-220985
2,177,250. -164521
26,032,331. 15,407,849. 14,728,671. 15,999,364.
42.76%
3.62%
-20.61%
1.34%
4.88%
2.21%
57.24%
2.11
40.02%
1.05
1.15
51.09%
4.02%
-62.88%
1.03%
3.43%
2.9%
48.91%
2.71
40.94%
1.35
.99
62.02%
4.67%
71.62%
1.63%
2.27%
4.32%
42.68%
1.71
40.45%
1.8
1.63
67.33%
5.79%
31.16%
1.58%
2.87%
5.04%
32.67%
2.25
47.93%
1.89
1.69
16.14%
8.72%
62.39%
10.81%
103.66%
726.07%
104.44%
11.51%
9.91%
64.99%
13.41%
98.79%
592.43%
115.09%
11.52%
12.99%
62.92%
11.81%
94.58%
648.26%
119.87%
8.97%
15.9%
61.91%
10.86%
91.66%
687.75%
123.96%
29.08%
20.52%
-351.7%
28.58%
18.17%
-1,392.44%
30.18%
17.79%
1,017.15%
28.58%
17.08%
421.62%
8.75%
70.55%
8.41%
63.59%
4.18%
58.96%
5.93%
59.77%
-6.49%
-3.1
-5.56
-1.67
-1.63%
-6.54
-1.57
-8.22
2.27%
4.33
2.27
5.2
5.06%
1.97
5.42
2.15
-.02
-.15
.89
-.07
INDUSTRIAL DEV. BANK OF PAKISTAN

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
-27942705
157,000.
750,548.
-28850253
-252683
35,440,978.
29,471.
22,542,821.
4,637,119.
8,231,567.
7,245,590.
212,428.
30,513.
600,000.
4,036,610.
6,492,401.
0.0
6,367,623.
124,778.
125,120.
2,116,141.
441,814.
616,701.
-174887
-605602
-780489
160,487.
793,010.
158,076.
173,008.
128,542.
15,700.
0.0
0.0
-549050
139,219.
-39.58%
-2.41%
-.46%
1.77%
2.21%
-10.77%
139.58%
.91
131.66%
.98
8.19
3.35%
55.71%
1.72%
64.%
489.14%
140.01%
23.89%
0.0
98.08%
0.0

-9.51%
-385.65%
0.0
-1,779.79
-.17
J.Cash flow ratio
60
2012
2009
-27804610
157,000.
750,548.
-28712158
-365817
33,978,550.
38,612.
22,305,318.
3,796,797.
7,837,823.
5,808,123.
183,885.
50,313.
481,269.
3,178,546.
6,411,877.
6,283,508.
6,269,695.
142,182.
120,568.
1,651,360.
2010
-27709145
157,000.
750,548.
-28616693
-254642
33,121,740.
13,717.
22,466,356.
3,313,563.
7,328,104.
5,157,953.
150,299.
64,681.
108,802.
3,015,974.
6,266,499.
6,158,107.
6,158,107.
108,392.
123,390.
1,586,415.
(Thousand Rupees)
2011
2012
-27673517
-27501370
157,000.
1.
750,548.
0.0
-28581065
-27501370
-227663
34,191.
33,045,645. 32,014,058.
20,096.
10,559.
22,553,874. 24,292,043.
3,274,523.
575,373.
7,197,152.
7,136,082.
5,144,465.
4,546,879.
137,589.
57,432.
59,750.
20,171.
75,567.
61,007.
2,864,998.
1,930,923.
6,294,331.
6,247,019.
6,226,954.
6,221,583.
6,192,209.
6,193,926.
102,122.
53,093.
59,364.
55,240.
1,845,075.
2,369,013.
404,055.
284,378.
300,466.
689,973.
537,511.
586,866.
-285958
-253133
286,400.
-159224
65,264.
96,224.
-126694
-187869
-190176
422,828.
477,293.
223,134.
155,888.
192,004.
35,967.
180,890.
196,798.
187,125.
140,246.
97,420.
3,009.
138,095.
95,465.
35,628.
74,435.
105,173.
-30738
-9278
-21460
76,205.
78,331.
78,228.
-23586
-23866
15,700.
1,570.
1,570.
1,570.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-756259
-280827
-255917
-1016245
145,208.
141,970.
142,059.
142,059.
-70.77%
-4.92%
-.5%
2.38%
7.28%
-2.18%
170.76%
1.29
18.85%
.43
8.8
-89.01%
-4.91%
-.34%
1.85%
9.25%
-3.64%
189.01%
2.02
25.21%
.41
60.81
95.32%
-5.57%
-.13%
.69%
4.34%
-3.7%
195.32%
62.19
6.87%
.84
22.69
-41.3%
-.68%
.09%
-.52%
1.68%
-.47%
141.3%
-3.32
52.%
1.03
-15.2
4.03%
54.73%
2.45%
65.37%
585.02%
168.88%
24.56%
4.17%
58.47%
2.1%
64.24%
642.15%
189.12%
24.31%
3.84%
55.69%
1.99%
63.65%
642.35%
192.22%
24.37%
1.71%
42.47%
1.17%
12.65%
704.09%
1,085.73%
25.12%
98.%
97.78%
-22.6%
98.27%
98.27%
-22.22%
98.93%
98.38%
-22.5%
99.59%
99.15%
-22.62%
-2.54%
99.78%
1.06%
100.%
1.55%
99.44%
-.15%
99.56%
-478.72%
-.01
-1,770.99
-.14
-537.21%
-.01
-17,649.14
-.12
-537.93%
-.01
-17,626.44
-.12
-604.84%
-.01
-17,516.8
-.02
-5.48
-2.94
-7.18
42.58
SME BANK LTD.

Items
1.Share capital
2.Reserves
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Cash dividend
G.Liquidity ratios
2008
2,356,333.
2,392,507.
199,356.
-235530
-401844
3,802,521.
37,686.
1,518,100.
1,892,018.
354,717.
5,757,010.
200,112.
49,751.
100,000.
2,545,053.
7,942,929.
5,496,498.
5,416,607.
2,526,322.
124,546.
211,226.
774,797.
385,379.
389,418.
11,368.
378,050.
58,647.
568,691.
570,101.
-131994
-532948
239,251.
0.0
0.0
550,566.
2,550,866.
50.26%
6.76%
-22.62%
-9.26%
1.02%
6.57%
49.74%
-4.32
68.23%
9.72
-2.23
4.34%
44.21%
43.88%
32.86%
66.05%
419.81%
232.92%
69.2%
68.19%
233.26%

.21%
98.55%
40.93%
1.08
9.85
.8
J.Cash flow ratio
61
2012
(Thousand Rupees)
2009
2010
2011
2012
2,426,535.
2,184,805.
1,976,571.
1,564,101.
2,392,507.
2,392,507.
2,392,507.
2,392,507.
235,636.
234,660.
234,660.
234,660.
-201608
-442362
-650596
-1063066
-69984
-61157
21,753.
74,488.
5,192,070.
4,508,821.
5,758,864.
7,759,271.
54,542.
40,505.
183,863.
102,132.
1,728,922.
1,437,604.
2,171,669.
3,587,031.
2,934,403.
2,651,948.
2,999,192.
3,326,423.
474,203.
378,764.
404,140.
743,685.
7,548,621.
6,632,469.
7,757,188.
9,397,860.
213,861.
228,062.
214,655.
278,502.
79,660.
20,912.
9,865.
44,228.
33,445.
0.0
800,000.
750,000.
2,701,816.
2,680,334.
3,027,667.
4,569,617.
9,243,470.
8,744,596.
8,655,771.
8,709,930.
6,166,877.
5,995,141.
5,937,822.
5,877,266.
5,285,573.
5,436,997.
5,306,693.
5,362,510.
3,957,897.
3,307,599.
3,349,078.
3,347,420.
122,462.
132,586.
135,321.
145,414.
439,480.
262,976.
220,602.
262,679.
879,072.
647,521.
728,192.
819,120.
523,653.
350,732.
432,919.
537,819.
355,419.
296,789.
295,273.
281,301.
58,921.
166,780.
74,676.
70,514.
296,498.
130,009.
369,949.
210,787.
21,478.
62,287.
26,738.
18,859.
1,216,276.
529,348.
613,257.
641,119.
1,236,080.
517,111.
608,610.
636,726.
-28160
-337052
-216570
-411473
-33894
-297652
-225031
-420282
239,251.
239,251.
0.0
0.0
0.0
0.0
-539136
-4386
2,988,550.
3,658,819.
239,251.
0.0
0.0
490,316.
3,658,819.
239,251.
0.0
0.0
1,656,889.
4,950,066.
40.43%
4.71%
-1.4%
-.45%
.28%
3.93%
59.57%
-43.89
135.06%
57.55
-.14
45.83%
4.47%
-13.62%
-4.49%
.94%
1.96%
54.17%
-1.53
74.58%
8.3
-1.24
40.55%
3.81%
-11.38%
-2.9%
.34%
4.77%
59.45%
-2.81
81.23%
22.76
-.94
34.34%
2.99%
-26.87%
-4.47%
.2%
2.24%
65.66%
-1.55
76.51%
33.76
-1.76
3.89%
35.79%
52.43%
38.87%
68.78%
315.%
198.22%
3.75%
40.41%
49.87%
39.98%
67.98%
329.74%
213.83%
2.89%
39.03%
43.17%
38.66%
74.24%
288.6%
167.4%
3.43%
48.62%
35.62%
35.4%
82.56%
261.84%
125.99%
66.72%
57.18%
254.14%
68.56%
62.18%
274.4%
68.6%
61.31%
300.41%
67.48%
61.57%
375.76%
1.11%
85.71%
3.07%
90.69%
1.41%
89.37%
1.31%
91.24%
32.15%
1.23
10.14
1.21
32.94%
1.67
9.13
1.21
25.48%
1.85
8.26
1.52
16.64%
3.16
6.54
2.13
15.91
.01
-2.18
-3.94
THE PUNJAB PROVINCIAL COOPERATIVE BANK LIMITED

2008
Items
1,066,511.
1.Share capital
434,155.
2.Reserves
402,298.
230,058.
4.Others
3,654,089.
10,113,896.
1.Bills payable
75,186.
8,000,000.
1,929,185.
109,525.
14,834,496.
695,200.
2,230,225.
4.Investments
508,762.
5.Gross advances
8,983,220.
4,228,634.
1,443,914.
7,539,306.
9.Fixed assets
3,712,774.
148,229.
984,869.
618,581.
366,288.
3,551.
362,737.
355,393.
596,544.
596,293.
121,586.
120,416.
E.Other items
4,342.
2.Cash dividend
0.0
0.0
-3725168
9,031,919.
37.19%
2.47%
11.29%
.81%
2.4%
2.45%
62.81%
4.9
44.51%
1.68
27.74
G.Liquidity ratios
19.72%
3.43%
50.82%
13.%
68.18%
465.65%
90.47%
47.07%
16.07%
396.49%

.25%
34.15%
7.19%
8.47
245.65
1.81
J.Cash flow ratio
62
2012
2009
87,361.
434,647.
401,727.
-749013
3,608,391.
10,016,170.
44,305.
8,000,000.
1,837,175.
134,690.
13,711,922.
601,882.
2,017,990.
0.0
451,012.
8,177,689.
4,113,247.
1,443,914.
6,733,775.
3,705,253.
202,010.
1,193,637.
1,570,956.
-377319
-377319
77,394.
679,146.
678,896.
-979071
-979071
4,346.
0.0
0.0
-321956
11,586,667.
(Thousand Rupees)
2010
2011
2,304,214.
6,089,755.
435,060.
435,584.
2,797,793.
6,103,037.
-928639
-448866
3,586,269.
3,614,195.
9,355,390.
4,655,249.
21,777.
11,994.
5,250,000.
1,944,442.
3,820,343.
2,443,098.
263,270.
255,715.
15,245,873. 14,359,199.
814,147.
468,879.
1,709,436.
2,123,846.
0.0
0.0
799,673.
1,503,620.
7,385,647.
7,625,939.
3,430,614.
2,498,221.
1,605,894.
1,605,893.
5,779,753.
6,020,046.
3,700,872.
3,736,445.
2,441,992.
506,363.
1,553,750.
965,655.
588,095.
0.0
158,452.
429,643.
76,830.
681,299.
680,681.
-174826
-179626
2012
8,454,769.
436,148.
7,941,588.
77,033.
3,353,994.
2,743,763.
30,845.
0.0
2,409,075.
303,843.
14,552,526.
533,867.
923,473.
0.0
0.0
1,108,617.
9,416,313.
2,189,476.
1,605,893.
7,810,420.
3,445,150.
730,999.
1,647,318.
386,027.
1,261,291.
1,261,291.
73,906.
826,794.
826,662.
508,403.
479,773.
1,580,867.
126,469.
1,454,398.
88,059.
1,366,339.
85,896.
1,049,244.
877,831.
402,991.
383,330.
4,351.
4,356.
0.0
0.0
0.0
0.0
-2135260
-2529962
241,483.
392,711.
4,356.
0.0
0.0
-3326137
372,157.
0.0
-31.61%
-2.75%
-1,120.72%
-7.14%
.56%
-2.75%
131.61%
-.69
53.43%
8.77
-225.26
37.85%
3.86%
-7.8%
-1.18%
.5%
2.82%
62.15%
-3.89
41.78%
8.86
-41.29
76.57%
8.78%
7.88%
3.34%
.51%
8.78%
23.43%
1.63
48.04%
11.19
110.14
92.%
9.99%
4.53%
2.63%
.59%
9.39%
8.%
2.18
62.95%
10.22
88.
19.11%
3.29%
49.11%
13.4%
73.05%
445.12%
83.13%
16.55%
5.25%
37.91%
25.06%
61.36%
193.32%
81.43%
18.06%
10.47%
41.92%
17.01%
32.42%
312.14%
173.81%
10.01%
7.62%
53.67%
16.55%
18.85%
390.87%
390.87%
50.3%
17.66%
4,708.33%
46.45%
21.74%
148.88%
32.76%
21.06%
41.02%
23.25%
17.05%
25.9%
0.0
35.1%
9.87%
46.81%
0.0
64.28%
5.48%
73.35%
.64%
132.63
20.1
21.03
15.11%
.1
529.63
1.66
42.41%
.06
1,398.02
.4
58.1%
.04
1,940.95
.28
.33
11.89
-5.27
-8.68
ZARAI TARAQIATI BANK LTD. (ZTBL)

2008
Items
16,888,812.
1.Share capital
12,522,441.
2.Reserves
1,086,169.
3,280,202.
4.Others
494,448.
84,988,553.
1.Bills payable
613,378.
51,257,213.
5,425,170.
27,692,792.
102,371,813.
1,732,495.
16,005,460.
0.0
4.Investments
4,955,690.
5.Gross advances
77,770,248.
12,985,615.
7,846,751.
69,923,497.
9.Fixed assets
1,144,222.
8,610,449.
8,484,623.
3,489,411.
4,995,212.
1,924,259.
3,070,953.
5,788,726.
4,861,046.
4,520,475.
3,998,633.
2,606,657.
E.Other items
1,252,244.
2.Cash dividend
0.0
0.0
1,582,580.
11,311,906.
58.87%
4.88%
15.43%
2.55%
5.65%
3.%
41.13%
1.13
34.06%
.78
2.08
G.Liquidity ratios
17.33%
4.84%
68.3%
5.3%
83.02%
1,433.51%
137.2%
16.7%
10.09%
76.89%

24.52%
60.43%
16.5%
.67
13.49
.32
J.Cash flow ratio
.61
63
2012
(Thousand Rupees)
2009
2010
2011
2012
16,888,812. 20,862,475. 23,007,624. 25,597,151.
12,522,441. 12,522,441. 12,522,441. 12,522,441.
1,086,169.
1,884,411.
2,313,441.
2,831,346.
3,280,202.
6,455,623.
8,171,742. 10,243,364.
494,448.
842,168.
1,313,843.
1,798,884.
84,988,553. 95,881,306. 98,146,493. 104,463,319.
613,378.
306,040.
208,117.
294,024.
51,257,213. 51,257,213. 51,257,213. 51,292,157.
5,425,170.
9,602,772.
8,962,457. 11,096,956.
27,692,792. 34,715,281. 37,718,706. 41,780,182.
102,371,813. 117,585,949. 122,467,960. 131,859,354.
1,732,495.
2,745,611.
3,056,462.
3,524,505.
16,005,460. 10,916,739. 11,176,444.
9,000,562.
0.0
0.0
0.0
4,955,690.
7,841,698. 12,047,958. 17,884,472.
77,770,248. 92,466,919. 92,032,077. 95,348,795.
12,985,615. 17,244,928. 19,924,581. 19,924,581.
7,846,751.
7,674,325.
7,288,371.
7,288,371.
69,923,497. 84,792,594. 84,743,706. 88,060,424.
1,144,222.
1,131,733.
1,167,167.
1,180,267.
8,610,449. 10,157,574. 10,276,223. 12,209,124.
8,484,623.
3,489,411.
4,995,212.
1,924,259.
3,070,953.
5,788,726.
4,861,046.
4,520,475.
3,998,633.
2,606,657.
8,896,701.
3,713,765.
5,182,936.
1,365,722.
3,817,214.
4,351,104.
5,290,476.
5,290,275.
2,877,842.
1,864,286.
9,510,328.
3,794,737.
5,715,591.
682,240.
5,033,351.
3,070,319.
4,826,511.
4,502,846.
3,277,159.
2,145,149.
11,321,385.
3,737,388.
7,583,997.
1,064,320.
6,519,677.
4,416,388.
7,046,657.
7,075,901.
3,889,408.
2,589,527.
1,252,244.
0.0
0.0
1,582,580.
11,311,906.
1,252,244.
0.0
0.0
2,199,488.
11,365,577.
1,252,244.
0.0
0.0
4,472,813.
10,535,082.
1,252,244.
0.0
0.0
2,520,972.
10,535,082.
58.87%
4.88%
15.43%
2.55%
5.65%
3.%
41.13%
1.13
34.06%
.78
2.08
58.26%
4.41%
8.94%
1.59%
3.7%
3.25%
41.74%
1.84
39.93%
1.22
1.49
60.1%
4.67%
9.32%
1.75%
2.51%
4.11%
39.9%
1.37
38.36%
1.47
1.71
66.99%
5.75%
10.12%
1.96%
3.35%
4.94%
33.01%
1.82
44.78%
1.6
2.07
17.33%
4.84%
68.3%
5.3%
83.02%
1,433.51%
137.2%
11.62%
6.67%
72.11%
8.17%
81.54%
962.92%
151.93%
11.62%
9.84%
69.2%
7.32%
80.14%
1,026.86%
152.83%
9.5%
13.56%
66.78%
8.42%
79.22%
859.23%
152.83%
16.7%
10.09%
76.89%
18.65%
8.3%
82.66%
21.65%
7.92%
86.6%
20.9%
7.64%
77.84%
0.0
24.52%
60.43%
17.8%
44.5%
9.36%
36.58%
14.6%
36.58%
16.5%
.67
13.49
.32
17.74%
.54
16.66
.46
18.79%
.46
18.37
.39
19.41%
.41
20.44
.43
.61
1.18
2.09
.97
Foreign Banks - Overall

Items
1.Head office capital account
2.Reserves
3.Unremitted profit
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
2.Commitments and contingencies
F.Efficiency ratios/Profitability ratios
6.Net markup/Interest income (after prov.) to total assets(D5/C)
8.Admin expense to profit before tax.(D8/D9) (times)
10.Admin. exp. to non-markup/interest income (D8/D6) (times)
G.Liquidity ratios
3.Advances net of provision to total assets (C8/C)
4.Deposits to total assets ( B3/C)
6.Gross advances to deposit (C5/B3)
I.Capital/leverage ratios
2008
34,504,276.
32,130,320.
75,785.
2,298,171.
-532853
200,590,252.
4,423,404.
17,346,929.
147,938,165.
30,881,754.
234,561,675.
34,935,292.
18,369,224.
29,913,984.
22,592,924.
104,440,711.
3,136,262.
2,519,229.
101,921,482.
3,697,504.
23,131,265.
18,232,589.
9,098,668.
9,133,921.
4,568,218.
4,609,161.
5,772,095.
10,374,744.
10,318,250.
6,512.
650,623.
32,730,565.
400,482,828.
50.1%
3.89%
1.89%
.28%
2.46%
1.97%
49.9%
1,584.5
43.22%
1.79
22.73%
9.63%
43.45%
63.07%
85.52%
70.6%
63.19%
3.%
2.41%
9.09%
181.33%
80.33%
14.71%

11.61
4.29
J.Cash flow ratio
1.Cash generated from operating activities to profit after tax (E1/D10) (times)50.31
64
2012
2009
35,848,774.
34,884,218.
92,715.
871,841.
-109477
205,297,310.
3,597,659.
16,730,580.
160,936,430.
24,032,641.
241,036,607.
34,793,226.
16,269,846.
32,117,954.
52,372,610.
95,113,870.
6,390,991.
4,788,386.
90,325,484.
3,589,490.
11,567,997.
2010
34,798,653.
33,990,807.
125,573.
682,273.
-290802
198,745,518.
5,563,282.
15,425,137.
156,330,793.
21,426,306.
233,253,369.
32,794,541.
4,071,743.
36,480,166.
79,809,697.
71,494,989.
9,092,759.
5,866,992.
65,627,997.
2,223,119.
12,246,106.
(Thousand Rupees)
2011
2012
42,686,834. 40,764,761.
38,719,753. 41,149,068.
149,286.
154,932.
3,817,795. -539239
-156810
18,339.
212,744,960. 205,907,668.
3,985,328.
3,685,078.
21,464,351. 23,815,591.
167,870,827. 158,703,062.
19,424,454. 19,703,937.
255,274,984. 246,690,768.
38,476,243. 41,734,099.
4,428,638. 14,002,488.
18,354,071. 30,102,521.
113,381,404. 85,518,862.
73,215,564. 67,871,914.
7,600,522.
9,112,571.
6,803,909.
8,550,234.
66,411,655. 59,321,680.
2,176,487.
1,741,337.
12,046,486. 14,269,781.
22,263,026.
12,197,135.
10,065,891.
4,727,009.
5,340,538.
5,608,678.
12,054,031.
11,898,100.
-850572
-809378
20,412,048.
5,093,661.
9,890,805.
2,621,491.
7,313,652.
4,838,183.
9,536,841.
9,360,937.
2,046,648.
959,711.
24,027,713. 20,465,084.
12,183,100. 10,034,708.
11,844,613. 10,430,376.
1,346,793.
1,902,267.
10,540,008.
8,528,109.
4,551,421.
4,677,921.
9,730,146. 11,446,772.
9,633,773. 11,366,923.
5,600,422.
916,376.
3,660,658. -227213
26,615,972. 12,685,046. 28,223,861.

9,592,298.
389,092,022. 445,240,807. 456,416,758. 408,532,273.
45.21%
4.18%
-2.26%
-.34%
2.33%
2.22%
54.79%
-13.99
43.25%
2.12
48.46%
6.57%
2.76%
.41%
2.07%
3.14%
24.95%
4.57
37.77%
1.93
49.3%
4.64%
8.58%
1.43%
1.78%
4.13%
50.7%
1.72
34.05%
2.12
50.97%
4.23%
-.56%
-.09%
1.9%
3.46%
49.03%
12.4
45.53%
2.43
21.18%
21.73%
37.47%
66.77%
85.17%
59.1%
53.53%
15.81%
34.22%
28.14%
67.02%
85.21%
45.73%
41.63%
16.81%
44.42%
26.02%
65.76%
83.34%
43.61%
38.67%
22.59%
34.67%
24.05%
64.33%
83.47%
42.77%
37.19%
6.72%
5.03%
17.83%
98.72%
74.92%
12.72%
8.21%
26.13%
44.68%
64.52%
10.38%
9.29%
17.81%
19.79%
89.52%
13.43%
12.6%
22.35%
22.25%
93.83%
14.87%
14.92%
16.72%
16.52%
10.85
4.49
12.79
4.49
10.69
3.93
10.02
3.89
-32.88
13.22
7.71
-42.22
BARCLAYS BANK PLC

Items
2.Reserves
3.Unremitted profit
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
G.Liquidity ratios
2008
6,330,486.
7,139,900.
0.0
-809414
1,507.
18,272,040.
256,590.
2,476,155.
14,557,453.
981,842.
24,604,033.
1,609,550.
392,032.
1,485,808.
9,332,849.
9,713,315.
0.0
33,841.
9,679,474.
1,381,260.
723,060.
832,665.
335,338.
497,327.
33,841.
463,486.
28,515.
1,700,415.
1,700,315.
-1208414
-809414
5,675,244.
2,475,663.
59.73%
2.02%
-12.79%
-3.29%
.12%
1.88%
40.27%
-1.41
197.45%
59.63
8.14%
37.93%
39.34%
59.17%
74.26%
66.72%
57.02%
0.0
.35%
0.0
100.%
25.73%

.39
2.3
J.Cash flow ratio
1.Cash generated from operating activities to profit after tax (E1/D10) (times)-7.01
65
2012
-2480542
5,578.
35,697,127.
317,339.
2,988,707.
29,920,456.
2,470,625.
42,542,727.
2,434,134.
1,517,901.
5,857,743.
11,625,172.
18,228,753.
931,048.
194,968.
18,033,785.
1,451,343.
1,622,649.
(Thousand Rupees)
2010
2011
2012
6,476,901.
6,921,917.
6,818,947.
9,756,756.
9,756,756. 10,807,382.
0.0
0.0
0.0
-3279855
-2834839
-3988435
-8849
2,242.
5,237.
41,812,643. 51,099,611. 40,954,083.
402,249.
573,408.
521,584.
7,193,234.
4,437,328.
9,291,803.
32,301,878. 44,664,909. 29,957,830.
1,915,282.
1,423,966.
1,182,866.
48,280,695. 58,023,770. 47,778,267.
2,912,164.
3,725,801.
4,694,728.
2,189,397.
2,649,904.
3,711,567.
1,646,369.
4,038,234.
21,014,371. 23,791,214. 19,402,553.
17,897,052. 21,506,942. 18,625,716.
612,471.
644,049.
881,824.
460,193.
508,545.
881,824.
17,436,859. 20,998,397. 17,743,892.
928,091.
802,563.
513,034.
2,153,444.
2,017,657.
1,712,493.
3,336,395.
2,000,062.
1,336,333.
161,127.
1,175,206.
72,953.
3,976,964.
3,975,517.
-2343683
-1671128
4,391,663.
2,756,649.
1,635,014.
268,149.
1,366,865.
359,985.
2,486,406.
2,484,133.
-1224843
-799313
5,517,128.
4,492,307.
3,507,884.
2,733,763.
2,009,244.
1,758,544.
50,886.
378,341.
1,958,358.
1,380,203.
517,865.
398,214.
2,061,999.
1,976,361.
2,024,219.
1,965,680.
653,363. -1040826
445,016. -1153596
2,554,422.
8,426,357.
10,264,246.
9,490,085.
4,181,079. -3452934
21,707,157. 14,303,464.
40.05%
3.14%
-24.43%
-3.93%
.17%
2.76%
59.95%
-1.7
116.65%
54.49
37.23%
3.39%
-12.34%
-1.66%
.75%
2.83%
62.77%
-2.03
52.33%
6.9
36.42%
3.46%
6.43%
.77%
.89%
3.38%
63.58%
3.1
34.17%
3.91
39.15%
3.68%
-16.92%
-2.41%
.83%
2.89%
60.85%
-1.89
40.41%
4.94
9.29%
27.33%
42.39%
70.33%
83.91%
60.92%
55.39%
10.57%
43.53%
36.12%
66.9%
86.6%
55.41%
45.31%
10.99%
41.%
36.19%
76.98%
88.07%
48.15%
43.8%
17.59%
40.61%
37.14%
62.7%
85.72%
62.17%
47.45%
5.11%
1.07%
13.61%
82.64%
3.42%
2.57%
9.46%
58.27%
75.14%
2.99%
2.36%
9.3%
10.01%
78.96%
4.73%
4.73%
12.93%
42.9%
100.%
13.42%
11.93%
14.27%
2009
6,840,022.
9,320,564.
20.94%
16.08%
0.0
0.0
1.23
4.37
1.47
4.99
3.14
6.45
2.1
4.39
-1.53
-12.84
9.4
2.99
CITI BANK N. A.
Items
2.Reserves
3.Unremitted profit
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
G.Liquidity ratios
2008
9,507,730.
7,742,345.
75,785.
1,689,600.
-494658
92,638,755.
1,660,227.
3,152,988.
65,484,768.
22,340,772.
101,651,827.
10,583,830.
7,358,861.
14,166,060.
9,194,307.
43,635,814.
1,955,724.
1,779,065.
41,856,749.
1,474,167.
17,017,853.
9,943,656.
4,144,702.
5,798,954.
4,058,001.
1,740,953.
3,546,047.
5,168,151.
5,127,991.
118,849.
800,362.
-1086131
255,409,196.
58.32%
5.7%
8.42%
.79%
3.49%
1.71%
41.68%
43.15
38.31%
1.45
17.65%
9.04%
41.18%
64.42%
91.13%
66.64%
63.57%
4.48%
4.08%
20.57%
228.1%
90.97%
9.35%

26.86
6.89
J.Cash flow ratio
66
2012
(Thousand Rupees)
2009
2010
2011
2012
8,652,136.
9,139,755. 10,919,505.
9,020,401.
6,780,848.
6,812,671.
6,812,671.
6,812,671.
92,715.
125,573.
149,286.
154,932.
1,778,573.
2,201,511.
3,957,548.
2,052,798.
-126721
-274283
-153137
16,512.
81,255,385. 88,488,440. 86,136,429. 76,134,897.
1,654,759.
1,164,263.
2,028,623.
2,185,724.
5,561,411.
4,342,038. 11,231,101.
141,666.
58,147,204. 68,304,814. 61,678,515. 64,293,565.
15,892,011. 14,677,325. 11,198,190.
9,513,942.
89,780,800. 97,353,912. 96,902,797. 85,171,810.
7,706,034.
7,001,789.
6,990,879.
6,770,561.
2,735,953.
1,396,604.
1,149,455.
6,035,738.
10,155,661. 11,410,316.
1,339,057. 14,913,193.
33,122,217. 50,236,317. 60,399,022. 31,339,172.
31,204,853. 23,731,204. 24,278,087. 24,441,680.
3,158,076.
4,309,629.
5,506,335.
6,207,490.
2,959,824.
4,486,991.
5,457,684.
6,185,998.
28,245,029. 19,244,213. 18,820,403. 18,255,682.
1,266,456.
865,640.
634,699.
366,664.
6,549,450.
7,199,033.
7,569,282.
7,490,800.
9,983,377.
4,720,788.
5,262,589.
3,285,903.
1,976,686.
2,449,934.
4,124,032.
3,987,382.
302,588.
88,973.
9,373,975.
4,241,090.
5,132,885.
1,942,347.
3,190,538.
2,053,698.
4,047,233.
3,879,891.
1,197,003.
422,938.
10,279,671.
4,580,040.
5,699,631.
1,171,851.
4,527,780.
2,049,204.
4,053,148.
4,002,884.
2,523,836.
1,756,037.
8,262,997.
3,030,151.
5,232,846.
822,094.
4,410,752.
2,455,997.
4,546,244.
4,479,324.
2,320,505.
1,423,241.
17,837,265.
1,562,704.
1,320,908.
860,554.
287,394,471. 307,209,267. 273,951,876. 166,965,936.
52.71%
5.86%
1.03%
.1%
2.73%
2.2%
47.29%
13.18
33.17%
1.63
54.76%
5.27%
4.63%
.43%
2.11%
3.28%
45.24%
3.24
35.42%
1.89
55.45%
5.88%
16.08%
1.81%
2.11%
4.67%
44.55%
1.59
32.88%
1.95
63.33%
6.14%
15.78%
1.67%
2.88%
5.18%
36.67%
1.93
42.41%
1.82
11.63%
36.89%
31.46%
64.77%
90.5%
53.67%
48.98%
8.63%
51.6%
19.77%
70.16%
90.89%
34.74%
32.67%
8.4%
62.33%
19.42%
63.65%
88.89%
39.36%
33.3%
15.04%
36.8%
21.43%
75.49%
89.39%
38.02%
37.93%
10.12%
9.49%
36.5%
111.02%
93.72%
18.16%
18.91%
47.15%
43.29%
104.12%
22.68%
22.48%
50.43%
21.47%
99.12%
25.4%
25.31%
68.82%
13.29%
99.65%
9.64%
9.39%
11.27%
10.59%
33.22
6.72
33.61
7.47
25.09
5.65
18.51
7.13
200.48
3.69
.75
.6
DEUTSCHE BANK AG
Items
2.Reserves
3.Unremitted profit
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
G.Liquidity ratios
2008
4,634,445.
3,600,702.
0.0
1,033,743.
-232
17,095,525.
1,683,524.
532,521.
10,317,214.
4,562,266.
21,729,738.
4,754,734.
1,628,093.
5,309,670.
999,390.
6,374,949.
312,566.
40,343.
6,334,606.
130,225.
2,573,020.
1,041,031.
400,017.
641,014.
48,069.
592,945.
1,053,202.
815,012.
813,878.
831,135.
534,135.
-266446
98,796,853.
61.57%
2.95%
11.53%
2.46%
4.85%
2.73%
38.43%
.98
38.92%
.77
29.37%
4.6%
29.15%
47.48%
78.67%
61.79%
58.76%
4.9%
.63%
6.74%
119.15%
12.91%
21.33%

21.32
2.23
J.Cash flow ratio
1.Cash generated from operating activities to profit after tax (E1/D10) (times) -.5
67
2012
(Thousand Rupees)
2009
2010
2011
2012
5,169,257.
5,274,418.
6,047,337.
5,971,021.
3,877,033.
3,667,876.
3,724,146.
4,115,584.
0.0
0.0
0.0
0.0
1,292,224.
1,606,542.
2,323,191.
1,855,437.
-34
-321
-11538
-9557
10,013,789. 12,160,786. 16,205,772. 22,987,100.
217,050.
2,640,728.
238,907.
297,362.
1,063,547.
443,891.
1,523,062.
317,883.
6,005,209.
6,065,947. 11,118,869. 18,354,233.
2,727,983.
3,010,220.
3,324,934.
4,017,622.
15,183,012. 17,434,883. 22,241,571. 28,948,564.
4,764,709.
4,722,669.
4,590,065.
5,630,489.
128,632.
37,134.
38,505.
2,058,913.
5,350,170.
6,223,146.
7,640,386.
7,414,392.
490,909.
2,046,309.
5,587,411.
7,747,304.
3,838,528.
3,665,213.
3,387,183.
4,369,198.
381,517.
3,245,948.
376,923.
357,570.
381,517.
419,265.
400,165.
389,684.
3,457,011.
3,245,948.
2,987,018.
3,979,514.
120,382.
110,230.
199,014.
351,955.
871,199.
1,049,447.
1,199,172.
1,765,997.
1,111,138.
242,280.
868,858.
354,287.
514,571.
1,599,341.
871,160.
863,450.
1,242,752.
805,218.
-1742550
41,259,232.
1,065,750.
324,744.
741,006.
25,263.
715,743.
1,221,476.
653,051.
653,431.
1,284,168.
834,293.
1,679,978.
1,969,771.
556,558.
868,297.
1,123,420.
1,101,474.
21,094. -32447
1,144,514.
1,133,921.
725,355.
588,282.
766,074.
1,171,490.
759,389.
1,170,880.
1,103,795.
550,713.
708,236.
350,827.
2,084,285.
3,503,275.
66,714,952. 101,411,632.
5,812,077.
78,834,402.
78.2%
5.72%
15.58%
5.3%
10.53%
3.39%
21.8%
.69
32.14%
.54
69.53%
4.25%
15.82%
4.79%
7.01%
4.11%
30.47%
.51
28.55%
.53
66.87%
5.05%
11.71%
3.18%
3.26%
5.15%
33.13%
.69
31.85%
1.05
55.92%
3.8%
5.88%
1.21%
2.03%
3.92%
44.08%
2.13
45.8%
1.99
32.23%
3.23%
22.77%
39.55%
65.95%
63.92%
54.3%
27.3%
11.74%
18.62%
34.79%
69.75%
60.42%
56.3%
20.81%
25.12%
13.43%
49.99%
72.86%
30.46%
26.79%
26.56%
26.76%
13.75%
63.4%
79.41%
23.8%
23.4%
9.94%
9.94%
7.38%
92.86%
100.%
88.56%
11.44%
61.54%
6.03%
12.92%
11.13%
11.81%
6.23%
5.27%
106.17%
8.18%
8.92%
5.99%
-8.33%
108.98%
34.05%
30.25%
27.19%
20.63%
7.98
1.16
12.65
1.15
16.77
1.84
13.2
3.07
-2.16
2.5
4.95
16.57
HSBC BANK MIDDLE EAST LIMITED

Items
2.Reserves
3.Unremitted profit
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
G.Liquidity ratios
2008
4,962,015.
4,339,547.
0.0
622,468.
-5034
43,916,081.
587,298.
4,770,659.
37,005,085.
1,553,039.
48,873,062.
7,577,335.
4,266,775.
7,354,749.
1,941,950.
25,591,220.
223,085.
288,253.
25,302,967.
509,574.
1,919,712.
4,071,742.
2,443,593.
1,628,149.
265,346.
1,362,803.
849,974.
1,952,124.
1,949,088.
260,653.
161,565.
6,500,868.
29,264,954.
39.99%
3.33%
3.26%
.33%
1.74%
2.79%
60.01%
7.48
39.66%
2.29
24.23%
3.97%
51.77%
75.72%
89.86%
69.16%
61.26%
.87%
1.13%
4.5%
92.05%
129.21%
10.15%

5.9
7.46
J.Cash flow ratio
1.Cash generated from operating activities to profit after tax (E1/D10) (times)40.24
68
2012
(Thousand Rupees)
2009
2010
2011
2012
5,511,880.
6,206,372.
7,501,898.
7,644,275.
4,619,535.
5,707,268.
6,515,987.
7,037,870.
0.0
0.0
0.0
0.0
892,345.
499,104.
985,911.
606,405.
-1002
-7349
3,865. -289
46,223,063. 50,739,967. 51,849,969. 42,684,107.
989,256.
1,341,130.
1,023,903.
670,778.
3,073,493.
1,255,575.
2,686,405.
694,363.
40,796,993. 46,460,640. 46,171,420. 38,956,795.
1,363,321.
1,682,622.
1,968,241.
2,362,171.
51,733,941. 56,938,990. 59,355,732. 50,328,093.
8,411,801.
9,954,810. 10,925,914. 11,394,218.
4,035,306.
297,338.
341,149.
711,950.
8,698,829. 16,076,728.
3,868,938.
4,966,709.
5,431,713.
6,512,700. 22,119,633. 13,433,740.
23,701,592. 22,727,260. 21,215,325. 18,454,437.
500,638.
762,869.
1,023,475.
1,441,219.
453,161.
484,827.
421,799.
868,260.
23,248,431. 22,242,433. 20,793,526. 17,586,177.
410,901.
266,120.
186,288.
132,396.
1,496,960.
1,588,861.
1,120,284.
2,102,903.
4,703,682.
5,005,567.
2,732,216. -2713791
1,971,466.
2,291,776.
471,333.
363,563.
1,500,133.
1,928,213.
1,021,563.
1,005,725.
2,200,197.
2,176,393.
2,200,186.
2,171,268.
321,499.
757,545.
261,885.
491,592.
5,849,015.
4,555,975.
2,932,772.
2,326,385.
2,916,243.
2,229,590.
102,962.
525,527.
2,813,281.
1,704,063.
1,140,661.
917,525.
2,443,031.
3,109,212.
2,442,861.
3,109,165.
1,510,911. -487624
971,262. -396257
3,889,177. -1289280
34,619,778. 58,032,008.
16,303,670. -8355184
53,617,196. 39,915,060.
41.91%
3.81%
4.75%
.51%
1.97%
2.9%
58.09%
6.84
38.43%
2.15
45.78%
13.56%
7.92%
.86%
1.77%
3.39%
-54.22%
2.87
36.21%
2.16
49.86%
4.91%
12.95%
1.64%
1.92%
4.74%
50.14%
1.62
34.95%
2.14
48.94%
4.43%
-5.18%
-.79%
1.82%
3.39%
51.06%
-6.38
56.8%
3.39
24.06%
10.5%
44.94%
78.86%
89.35%
58.1%
54.03%
18.01%
11.44%
39.06%
81.6%
89.11%
48.92%
47.63%
18.98%
37.27%
35.03%
77.79%
87.35%
45.95%
43.42%
24.05%
26.69%
34.94%
77.41%
84.81%
47.37%
46.54%
2.11%
1.91%
9.08%
104.01%
90.52%
3.36%
2.13%
12.29%
74.99%
63.55%
4.82%
1.99%
13.64%
24.41%
41.21%
7.81%
4.7%
18.85%
60.53%
60.24%
10.65%
10.9%
12.64%
15.19%
6.28
7.4
9.35
7.49
7.15
6.15
5.22
5.1
14.85
-2.62
16.79
21.09
HSBC BANK OMAN S.A.O.G.

Items
2.Reserves
3.Unremitted profit
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
G.Liquidity ratios
2008
2,712,141.
3,008,999.
0.0
-296858
0.0
729,806.
4,036.
186,406.
521,574.
17,790.
3,441,947.
3,088,841.
38,910.
0.0
0.0
315,802.
83,218.
38,713.
277,089.
15,071.
22,036.
40,426.
50,080.
-9654
21,729.
12,075.
9,549.
62,888.
57,280.
-41264
-41264
21,302,169.
729,519.
-23.88%
-.28%
-1.52%
-1.2%
.28%
.35%
123.88%
-1.39
125.84%
6.
90.87%
0.0
8.05%
15.15%
21.2%
60.55%
44.61%
26.35%
12.26%
3.07%
56.13%
46.52%
78.8%

.27
.19
J.Cash flow ratio
1.Cash generated from operating activities to profit after tax (E1/D10) (times)
-516.24
69
2012
(Thousand Rupees)
2009
2010
2011
2012
2,847,576.
3,000,780.
3,132,302.
3,103,582.
3,203,140.
3,393,743.
3,594,610.
3,882,512.
0.0
0.0
0.0
0.0
-355564
-392963
-462308
-778930
0.0
0.0
0.0
0.0
1,097,875.
1,200,251.
1,270,263.
1,040,788.
7,577.
5,493.
11,523.
5,266.
382,008.
321,910.
510,729.
440,000.
690,196.
847,792.
721,474.
570,705.
18,094.
25,056.
26,537.
24,817.
3,945,451.
4,201,031.
4,402,565.
4,144,370.
3,328,022.
3,363,076.
3,679,994.
3,985,841.
52,781.
62,870.
61,674.
39,379.
150,000.
110,000.
30,000.
0.0
0.0
0.0
0.0
0.0
425,108.
493,328.
587,062.
305,050.
36,416.
48,503.
49,740.
224,468.
37,885.
15,716.
15,716.
224,468.
387,223.
477,612.
571,346.
80,582.
10,461.
22,983.
30,670.
31,027.
16,964.
164,490.
28,881.
7,541.
56,707.
65,106.
75,896.
75,569.
78,041.
90,575.
-18862
-12935
-14679
828.
22,169.
0.0
-18034
9,234. -14679
17,597.
12,582.
14,611.
58,269.
59,215.
69,277.
55,148.
59,134.
69,172.
-58706
-37399
-69345
-58706
-37399
-69345
48,954.
98,030.
-49076
208,752.
-257828
19,679.
78,473.
78,471.
-316622
-316622
59,369.
450,421.
17,017.
1,013,597.
130,395.
1,402,122.
4,992.
77,571.
-33.26%
-.48%
-2.06%
-1.49%
.45%
-.46%
133.26%
-.94
78.42%
3.13
-19.87%
-.31%
-1.25%
-.89%
.3%
.22%
119.87%
-1.58
76.22%
4.7
-19.34%
-.33%
-2.21%
-1.58%
.33%
-.33%
119.34%
-1.
76.54%
4.73
-100.25%
-1.18%
-10.2%
-7.64%
.47%
-6.22%
200.25%
-.25
114.34%
3.99
85.69%
0.0
9.81%
17.49%
27.83%
61.59%
39.65%
81.55%
0.0
11.37%
20.18%
28.57%
58.19%
42.18%
84.99%
0.0
12.98%
16.39%
28.85%
81.37%
47.64%
97.13%
0.0
1.94%
13.77%
25.11%
53.45%
30.18%
8.57%
8.91%
1.28%
2.19%
104.03%
9.83%
3.19%
1.62%
141.06%
32.4%
8.47%
2.68%
1.59%
0.0
31.6%
73.58%
73.58%
7.23%
93.%
100.%
72.17%
71.43%
71.15%
74.89%
.16
.24
.34
.28
.45
.23
.02
.18
-1.01
-.46
-1.88
-.02
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED

Items
2.Reserves
3.Unremitted profit
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
G.Liquidity ratios
2008
-

J.Cash flow ratio
1.Cash generated from operating activities to profit after tax (E1/D10)- (times)
70
2012
2009
-
2010
-
(Thousand Rupees)
2011
2012
3,008,554.
3,142,265.
3,192,892.
3,506,910.
0.0
0.0
-184338
-364645
1,758.
6,436.
2,942,052. 18,898,915.
22,397.
738.
0.0 12,221,381.
1,524,071.
4,167,644.
1,395,584.
2,509,152.
5,952,364. 22,047,616.
3,279,813.
4,063,541.
64,398.
1,336,371.
782,528.
1,554,395.
1,484,124. 13,596,093.
26,243.
56,596.
0.0
0.0
0.0
0.0
26,243.
56,596.
294,316.
316,663.
20,942.
1,123,957.
56,241.
771,801.
46,347.
682,804.
9,894.
88,997.
0.0
9,894.
88,997.
594.
141,495.
194,826.
410,799.
194,826.
410,799.
-184338
-180307
-184338
-180307
2,718,782. 14,680,059.
1,081,945. 106,530,014.
17.59%
.17%
-6.13%
-3.1%
.01%
.17%
82.41%
-1.06
342.79%
327.99
11.53%
.4%
-5.74%
-.82%
.64%
.4%
88.47%
-2.28
44.98%
2.9
56.18%
24.93%
.44%
25.6%
49.43%
1.72%
1.72%
24.49%
61.67%
.26%
18.9%
85.72%
1.36%
.35%
0.0
0.0
0.0
0.0
0.0
0.0
50.54%
14.25%
.36
.51
33.9
1.33
-14.75
-81.42
THE BANK OF TOKYO-MITSUBISHI-UFJ, LIMITED

Items
2.Reserves
3.Unremitted profit
4.Others
1.Bills payable
4.Investments
5.Gross advances
9.Fixed assets
E.Other items
G.Liquidity ratios
2008
3,957,242.
3,878,698.
0.0
78,544.
0.0
6,106,000.
12,559.
4,258,351.
1,715,912.
119,178.
10,063,242.
4,072,080.
36,983.
1,597,697.
0.0
4,092,787.
0.0
0.0
4,092,787.
19,422.
244,273.
538,145.
391,186.
146,959.
0.0
146,959.
80,485.
103,346.
97,011.
124,098.
78,396.
202,342.
4,958,383.
27.31%
1.46%
1.98%
.78%
.8%
1.46%
72.69%
.78
16.71%
1.21
40.83%
0.0
40.67%
17.05%
60.68%
238.52%
68.51%
0.0
0.0
0.0
39.32%

1.25
.43
J.Cash flow ratio
1.Cash generated from operating activities to profit after tax (E1/D10) (times) 2.58
71
2012
(Thousand Rupees)
2011
2012
5,155,321.
5,064,270.
5,122,691.
4,986,139.
0.0
0.0
32,630.
78,131.
0.0
0.0
3,240,864.
3,207,778.
86,567.
3,626.
1,075,726.
708,495.
1,991,569.
2,402,290.
87,002.
93,367.
8,396,185.
8,272,048.
5,283,777.
5,194,721.
123,553.
108,570.
654,928.
1,253,832.
0.0
0.0
2,214,722.
1,619,237.
0.0
0.0
0.0
0.0
2,214,722.
1,619,237.
28,937.
29,598.
90,268.
66,090.
2009
2010
4,087,588.
4,700,427.
4,041,323.
4,652,493.
0.0
0.0
46,265.
47,934.
0.0
0.0
4,458,128.
4,343,431.
216,907.
9,419.
1,397,725.
1,868,489.
2,740,049.
2,349,722.
103,447.
115,801.
8,545,716.
9,043,858.
4,237,350.
4,840,033.
91,075.
88,400.
1,905,551.
1,013,607.
0.0
0.0
2,198,843.
2,980,932.
0.0
113,339.
0.0
0.0
2,198,843.
2,980,932.
27,336.
30,055.
85,561.
90,831.
516,130.
385,251.
130,879.
0.0
130,879.
180,185.
114,573.
112,088.
65,612.
45,928.
509,987.
406,928.
103,059.
0.0
103,059.
184,717.
114,543.
113,080.
70,174.
47,600.
569,784.
468,924.
100,860.
0.0
100,860.
103,131.
141,791.
140,422.
62,200.
33,790.
363,279.
295,278.
68,001.
0.0
68,001.
156,729.
154,193.
152,604.
70,537.
45,501.
151,296.
3,781,342.
46,074.
2,780,898.
65,752.
3,244,830.
42,734.
1,905,826.
25.36%
1.53%
1.12%
.54%
2.11%
1.53%
74.64%
1.71
16.45%
.62
20.21%
1.14%
1.01%
.53%
2.04%
1.14%
79.79%
1.61
16.49%
.61
17.7%
1.2%
.66%
.4%
1.23%
1.2%
82.3%
2.26
21.07%
1.36
18.72%
.82%
.9%
.55%
1.89%
.82%
81.28%
2.16
29.65%
.97
50.65%
0.0
25.73%
32.06%
52.17%
80.25%
53.14%
54.49%
0.0
32.96%
25.98%
48.03%
126.86%
70.67%
64.4%
0.0
26.38%
23.72%
38.6%
111.2%
72.2%
64.11%
0.0
19.57%
29.04%
38.78%
67.4%
52.05%
0.0
0.0
0.0
3.8%
0.0
2.41%
0.0
0.0
0.0
0.0
0.0
0.0
47.83%
0.0
51.97%
61.4%
61.22%
.93
.67
.59
.5
.63
.39
.38
.47
3.29
.97
1.95
.94
Financial Statemen
D
P
EVELOPMENT INANCE
F NSTITUTIONS
ERFORMANCE AT A
The balance sheet size of DFIs increased during 2012.

0.9 percent over the last year. The profit before taxation decreased by 25.8 perce
taxation by 34.0 percent during the year.
A
S
NALYSIS OF B
ALANCE SHEET
hareholders equity
decreased from Rs 58.9
billion in CY11 to Rs 58.4 billion in CY12

witnessing a decline of Rs 0.5 billion or 0.9
percent over CY11. Total liabilities shrunk by
Rs. 9.6 billion during CY12, similarly, total
assets decreased from Rs 130.5 billion in CY11
to Rs 121.6 billion in CY12.
A
NALYSIS OF L
IABILITIES
Looking at the liabilities side, borrowings from financial institutions decreased from
CY11 to Rs. 43.7 billion in CY12. The analysis revealed that decrease in liabilities
Major Components of Liabilities
60.
50.
40.
30.
20.
Billion Rs.
10.
-20.%
0.0 Borrowings Deposits
CY 11
54.6
CY 12
43.7
Growth
-20.%
due to borrowings from financial institutions. The other component was the
contributed 23.1 percent of total liabilities during CY12. Total deposits of DFIs sto
billion witnessing an increase of Rs. 1.2 billion in CY12 over CY11.
(DFI )
LANCE
Shareholders equ
axation decreased by 25.8 percent and profit after
OMPONENTS
decreased from Rs 58.9
Components of Balance Sheets

140.
120.
100.
80.
60.
Billion Rs.
20.
0.0
-1.%
40.
Total SHE
CY 11
CY 12
Growth
58.9
58.4
-1.%
ancial institutions decreased from Rs 54.6 billion in

evealed that decrease in liabilities has mainly been
Share of Borrowings in Total Liabilities
15.%
9.%
5.%
0.0
-5.%
-10.%
-15.%
-20.%
Others
12.9
14.2
9.%
100.%
5.%
18.%
50.%
77.%
10.%
0.0
Growth
-25.%
0.0
3.4
3.5
0.0
CY 11
Borrowings
The other component was the deposits which

CY12. Total deposits of DFIs stood at Rs. 14.2
CY12 over CY11.
72
2012
ity registered a reduction of
-7.%
Total
Liabilities
70.9
61.3
-14.%
-14.%
Total Assets
130.5
121.6
-7.%
al Liabilities
6.%
23.%
71.%
CY 12
Deposits
Others
0.0
-2.%
-4.%
-6.%
-8.%
-10.% Growth
-12.%
-14.%
-16.%
Financial Statemen
NALYSIS OF A
SSETS
In CY12, total assets stood at Rs

121.6 billion decreased by 6.9
percent when compared to previous
year. The analysis of components of
total assets revealed that investment
90.
80.
70.
60.
50.
40.
Billion Rs.
20.
10.
0.0
activities of DFIs and lending to

financial
institutions decreased CY 11
CY 12
Growth
during CY12. The amount of lending

to financial institutions decreased
from Rs 2.9 billion in CY11 to Rs 1.7 billion in CY12 recording a decrease of arou
over CY11.
On the other hand, advances of DFIs
increased by 2.2 percent over CY11,
its share in total assets also increased
from 35.2 percent in CY11 to 38.6
percent in CY12. NPLs increased
from Rs 8.3 billion in CY11 to Rs
50.
40.
30.
Billion Rs.
10.5 billion in CY12 depicting an

increase of 27.2 percent in NPLs.
NPLs to gross advances ratio
10.
0
CY 11
CY 12
Growth
increased from 18.0 percent in CY11

to 22.4 percent in CY12.
P
ROFITABILITY
DFI
OF
S
In terms of profitability, CY12 witnessed decreases both in profits before and afte
before taxation decreased from Rs. 3.0 billion in CY11 to Rs. 2.2 billion in CY12 s
of 25.8 percent.
73
2012
Major components of assets

7.%
2.%
-8.%
30.
10.%
0.0
-10.%
-20.%
-30.% Growth
-40.%
-41.%
Cash &
Cash
-50.%
Lending
Equivalent
3.4
3.6
7.%
Investmen
t
2.9
1.7
-41.%
Advances
76.7
70.4
-8.%
45.9
46.9
2.%
Y12 recording a decrease of around 41.4 percent
Major Components of Advances
2,700.%
2,600.%
20.
200.%
-3% -5%
Adv. Gross NPL

Provision
Adv. Net
45.9
8.3
7.6
38.3
46.9
10.5
9.6
37.3
200.%
2,700.%
2,600.%
-300.%
es both in profits before and after taxation. Profit

CY11 to Rs. 2.2 billion in CY12 showing a decrease
3,000.%
2,500.%
2,000.%
1,500.%
1,000.%
500.%
0.0%
Growth
Financial Statemen
50.%
43.8%
41.%
40.%
30.%
20.%
10.%
1.6%
1.1%
.7%
0.0
Spread Ratio ROE
ROA
Return on assets (ROA) declined from 0.7 percent in CY11 to 0.5 percent in CY1
on equity (ROE) decreased from 1.6 percent in CY11 to 1.1 percent in CY12. Spr
decreased by 6.2 percent in CY12 over CY11. Breakup value of DFIs decreased
share in CY11 to Rs 14.82 per share in CY12.
74
2012
3.
CY 11
CY 12
3.
2.5
2.
1.5
Billions Rs.
1.
.5
.5%
0.0
2.2
1.0 0.6
CY 12
Profit Before Profit After

Taxation
Taxation
nt in CY11 to 0.5 percent in CY12, similarly, return

CY11 to 1.1 percent in CY12. Spread ratio of DFIs
reakup value of DFIs decreased from Rs 14.96 per
74
CY 11
DFIs - Overall
2008
Items
46,902,253.
1.Share capital
39,748,980.
2.Reserves
11,124,218.
-3970945
-656553
4.Others
38,833,942.
1.Bills payable
0.0
30,937,172.
5,880,621.
2,016,149.
85,079,642.
650,959.
10,252,671.
8,056,730.
4.Investments
36,071,855.
5.Gross advances
27,407,033.
4,816,698.
7.Provisions against advances
3,698,407.
8.Advances net of provisions (C5-C7)
23,708,626.
9.Fixed assets
2,690,082.
3,648,719.
8,483,284.
2.markup/interest expensed
4,855,654.
3,627,630.
6,171,391.
-1804158
7,621,120.
3,308,278.
1,196,516.
1,694,081.
1,195,447.
E.Other items
3,375,138.
2.Cash dividend
N/A
N/A
5,682,965.
13,761,913.
42.76%
4.26%
2.55%
1.41%
8.96%
-2.12%
7.Markup/interest expenses to markup/interest income (D2/D1)
57.24%
8.Admin. expenses to profit before tax. (D8/D9) (times)
.71
9.Non-markup/interest expenses to total income D7/(D1+D6)
.21
10.Admin. expenses to non-markup/interest income (D8/D6) (times)
.16
.35
G.Liquidity ratios
12.82%
42.4%
27.87%
6.91%
45.64%
466.06%
74.44%
17.57%
13.49%
10.27%

166.87%
76.78%
55.13%
.29
13.9
4.Total deposits to total equity (B3/A) (times)
.13
J.Cash flow ratio
75
2012
(Thousand Rupees)
2009
2010
2011
2012
48,920,410. 55,379,067. 58,948,556. 58,402,277.
40,748,980. 42,748,980. 45,408,180. 45,408,180.
6,764,011.
6,764,483.
6,703,489.
5,753,413.
1,407,419.
5,865,604.
6,836,887.
7,240,684.
5,409,974.
3,644,111.
652,903.
1,808,410.
59,424,672. 60,024,391. 70,945,188. 61,348,191.
0.0
0.0
0.0
0.0
38,774,252. 39,953,645. 54,574,307. 43,741,281.
18,073,599. 17,059,825. 12,932,378. 14,154,064.
2,576,821.
3,010,921.
3,438,503.
3,452,846.
113,755,056. 119,047,569. 130,546,647. 121,558,878.
1,665,533.
1,680,678.
2,283,859.
1,854,180.
6,545,275.
2,888,128.
1,075,003.
1,747,696.
10,576,282.
7,718,006.
2,904,651.
1,702,073.
58,551,142. 60,243,944. 76,683,192. 70,420,052.
35,183,101. 44,215,053. 45,907,661. 46,919,302.
6,695,174.
6,903,217.
8,269,274. 10,521,098.
5,753,542.
6,653,026.
7,596,199.
9,582,748.
29,429,559. 37,562,027. 38,311,462. 37,336,554.
2,790,590.
3,126,353.
2,999,119.
3,316,718.
4,196,675.
5,828,433.
6,289,361.
5,181,605.
10,429,986.
5,768,136.
4,661,850.
2,660,700.
1,489,660.
1,458,885.
1,417,421.
1,363,810.
1,531,026.
2,147,069.
11,726,433.
6,694,582.
5,031,851.
987,572.
4,143,390.
2,086,005.
1,976,521.
1,916,080.
4,230,979.
2,718,940.
12,716,418.
7,152,710.
5,563,708.
977,362.
3,791,544.
2,450,918.
3,250,598.
2,039,623.
2,991,863.
972,305.
12,622,294.
7,440,993.
5,181,301.
3,914,429.
1,266,872.
3,814,916.
2,668,883.
2,112,699.
2,221,092.
641,770.
3,475,138.
3,675,138.
3,941,058.
3,941,058.
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
9,897,449. -1328783
4,887,501.
3,610,361.
15,386,918. 18,321,532. 34,232,419. 14,613,432.
44.7%
4.1%
4.39%
1.89%
1.28%
1.31%
55.3%
.89
.12
.93
.62
42.91%
4.23%
4.91%
2.28%
1.75%
3.48%
57.09%
.45
.14
.92
.74
43.75%
4.26%
1.65%
.74%
1.88%
2.9%
56.25%
.68
.21
.83
.25
41.05%
4.26%
1.1%
.53%
3.14%
1.04%
58.95%
.95
.16
.55
.16
7.22%
51.47%
25.87%
15.89%
52.24%
194.67%
61.89%
3.84%
50.6%
31.55%
14.33%
50.42%
259.18%
77.55%
2.57%
58.74%
29.35%
9.91%
54.34%
354.98%
68.%
2.96%
57.93%
30.71%
11.64%
50.47%
331.49%
81.04%
19.03%
16.35%
13.69%
15.61%
15.05%
12.47%
18.01%
16.55%
14.03%
22.42%
20.42%
18.01%
46.24%
85.94%
14.84%
96.38%
12.87%
91.86%
40.85%
91.08%
43.01%
.31
14.08
.37
46.52%
.33
15.07
.31
45.16%
.58
14.96
.22
48.04%
.25
14.82
.24
4.61
-.49
5.03
5.63
PAIR INVESTMENT CO. LTD.

2008
Items
5,446,253.
1.Share capital
5,000,000.
2.Reserves
89,250.
357,003.
-123267
4.Others
492,480.
1.Bills payable
0.0
459,657.
0.0
32,823.
5,815,466.
506,887.
1,816,376.
611,000.
4.Investments
2,440,498.
5.Gross advances
402,318.
75,000.
37,500.
364,818.
9.Fixed assets
21,478.
54,409.
527,054.
31,898.
495,156.
-37500
457,656.
94,762.
82,513.
73,115.
469,905.
318,146.
E.Other items
500,000.
2.Cash dividend
0.0
0.0
378,383.
486,955.
93.95%
8.51%
5.84%
5.47%
1.63%
7.87%
6.05%
.16
.13
.77
.64
G.Liquidity ratios
39.95%
41.97%
6.27%
0.0
8.47%
87.53%
18.64%
9.32%
1.38%

-100.%
50.%
93.65%
.09
10.89
0.0
J.Cash flow ratio
76
2012

(Thousand Rupees)
2009
2010
2011
5,817,670.
7,396,027.
7,638,576.
5,000,000.
6,000,000.
6,000,000.
163,533.
279,204.
327,714.
654,137.
1,116,823.
1,310,862.
475,848.
38,418.
92,121.
1,991,936.
3,036,164.
4,114,422.
0.0
0.0
0.0
1,857,327.
2,863,481.
3,695,484.
0.0
0.0
260,000.
134,609.
172,683.
158,938.
8,285,454. 10,470,609. 11,845,119.
2,633.
10,552.
9,143.
1,309,451.
352,808.
20,675.
446,250.
600,000.
0.0
5,326,675.
7,160,982.
8,974,337.
1,174,878.
2,178,571.
2,592,810.
443,011.
75,141.
393,141.
229,491.
75,141.
117,654.
945,387.
2,103,430.
2,475,156.
26,071.
44,762.
48,060.
228,987.
198,075.
317,748.
809,863.
124,744.
685,119.
-255745
429,374.
163,699.
110,083.
97,529.
482,990.
371,417.
2012
8,028,600.
6,000,000.
415,719.
1,612,881.
170,767.
7,537,154.
0.0
6,721,178.
545,080.
270,896.
15,736,521.
43,999.
106,586.
0.0
10,841,572.
4,530,491.
741,447.
205,154.
4,325,337.
56,047.
362,980.
1,030,191.
1,323,067.
193,494.
402,712.
836,697.
920,355.
79,955. -324136
916,652.
596,219.
171,171.
58,340.
209,239.
167,757.
191,647.
150,135.
878,584.
486,802.
578,357.
242,549.
1,487,341.
678,102.
809,239.
106,953.
702,286.
172,091.
239,010.
224,405.
635,367.
440,024.
500,000.
0.0
0.0
1,287,294.
2,284,428.
600,000.
0.0
0.0
448,811.
3,095,251.
600,000.
0.0
0.0
1,708,563.
3,679,976.
600,000.
0.0
0.0
1,966,241.
8,074,015.
84.6%
8.27%
6.38%
4.48%
1.98%
5.18%
15.4%
.2
.11
.6
.74
81.22%
7.99%
7.82%
5.52%
1.63%
8.75%
18.78%
.22
.17
1.12
.96
69.56%
7.77%
3.18%
2.05%
.49%
5.03%
30.44%
.31
.12
2.57
.4
54.41%
5.14%
5.48%
2.8%
1.09%
4.46%
45.59%
.35
.14
1.3
.73
15.84%
64.29%
11.41%
0.0
24.04%
3.47%
68.39%
20.09%
0.0
29.%
.25%
75.76%
20.9%
2.19%
34.74%
63.26%
76.08%
65.55%
.96%
68.89%
27.49%
3.46%
47.9%
831.16%
62.35%
37.71%
19.53%
7.61%
3.45%
3.45%
1.02%
15.16%
4.54%
5.15%
16.37%
4.53%
9.24%
997.23%
-111.44%
51.8%
106.41%
100.%
-275.5%
29.93%
52.13%
27.67%
70.22%
.39
11.64
0.0
70.64%
.42
12.33
0.0
64.49%
.48
12.73
.03
51.02%
1.01
13.38
.07
3.47
.78
7.04
4.47
PAK BRUNEI INVESTMENT COMPANY LIMITED

2008
Items
5,363,009.
1.Share capital
5,000,000.
2.Reserves
72,602.
290,407.
-81849
4.Others
247,733.
1.Bills payable
0.0
186,154.
0.0
61,579.
5,528,893.
4,267.
14,870.
1,519,299.
4.Investments
2,687,585.
5.Gross advances
1,062,744.
0.0
0.0
1,062,744.
9.Fixed assets
44,334.
195,794.
672,254.
131,801.
540,453.
108,921.
431,532.
85,608.
143,675.
118,675.
373,465.
222,266.
E.Other items
500,000.
2.Cash dividend
0.0
0.0
-1218859
448,894.
80.39%
9.78%
4.14%
4.02%
1.55%
7.81%
19.61%
.32
.19
1.39
.44
G.Liquidity ratios
.35%
48.61%
19.22%
0.0
4.48%
570.9%
0.0
0.0
0.0

97.%
.08
10.73
0.0
J.Cash flow ratio
77
2012
(Thousand Rupees)
2009
2010
2011
2012
5,810,462.
7,391,552.
7,996,016.
8,578,415.
5,000,000.
6,000,000.
6,000,000.
6,000,000.
162,093.
278,311.
399,204.
555,884.
648,369.
1,113,241.
1,596,812.
2,022,531.
-68113
495,517. -48993
1,118.
5,825,000.
7,026,052. 24,617,113.
5,466,904.
0.0
0.0
0.0
0.0
5,296,808.
5,943,385. 23,359,531.
2,417,139.
395,000.
844,000.
979,018.
2,824,924.
133,192.
238,667.
278,564.
224,841.
12,130,979. 14,368,611. 32,545,016. 14,046,437.
23,869.
30,803.
174,790.
54,763.
191,915.
129,969.
562,085.
317,222.
1,507,910.
1,222,727.
627,841.
0.0
8,415,996.
9,868,363. 25,742,364.
7,100,816.
1,757,624.
2,475,172.
4,667,373.
5,782,035.
0.0
6,736.
2,992.
2,638.
25,131.
7,529.
20,712.
2,638.
1,732,493.
2,467,643.
4,646,661.
5,779,397.
37,614.
21,013.
34,067.
60,329.
221,182.
628,093.
757,208.
733,910.
971,221.
207,450.
763,771.
192,918.
570,853.
254,064.
157,743.
132,343.
667,174.
447,453.
1,698,132.
777,987.
920,145.
81,344.
838,801.
211,963.
169,106.
165,145.
881,658.
581,090.
2,397,223.
2,930,250.
1,469,277.
2,044,815.
927,946.
885,435.
86,874. -4019
841,072.
889,454.
283,965.
429,092.
204,908.
216,918.
204,669.
212,181.
920,129.
1,080,944.
604,464.
782,399.
500,000.
0.0
0.0
5,487,232.
1,141,106.
600,000.
0.0
0.0
1,076,382.
6,331,452.
600,000.
600,000.
0.0
0.0
0.0
0.0
9,066,170. -11776654
21,546,987.
868,306.
78.64%
6.3%
7.7%
3.69%
2.09%
4.71%
21.36%
.2
.13
.52
.89
54.19%
6.4%
7.86%
4.04%
1.48%
5.84%
45.81%
.19
.09
.78
.97
38.71%
2.85%
7.56%
1.86%
.87%
2.58%
61.29%
.22
.08
.72
1.01
30.22%
6.3%
9.12%
5.57%
3.05%
6.33%
69.78%
.2
.06
.49
1.3
1.78%
69.38%
14.28%
3.26%
48.02%
444.97%
30.88%
1.12%
68.68%
17.17%
5.87%
48.9%
293.27%
36.47%
2.26%
79.1%
14.28%
3.01%
75.64%
476.74%
19.18%
2.65%
50.55%
41.14%
20.11%
38.92%
204.68%
110.3%
0.0
1.43%
0.0
.27%
.3%
.09%
.06%
.44%
.04%
.05%
.05%
.03%
767.65%
1,080.41%
111.77%
419.44%
692.25%
-152.35%
100.%
47.9%
.2
11.62
.07
51.44%
.86
12.32
.11
24.57%
2.69
13.33
.12
61.07%
.1
14.3
.33
12.26
1.85
15.
-15.05
PAK CHINA INVESTMENT CO. LTD.

2008
Items
6,811,647.
1.Share capital
6,457,200.
2.Reserves
70,889.
283,558.
-625
4.Others
757,178.
1.Bills payable
0.0
726,754.
0.0
30,424.
7,568,200.
6,670.
3,772,069.
255,482.
4.Investments
1,430,241.
5.Gross advances
1,938,595.
0.0
0.0
1,938,595.
9.Fixed assets
28,115.
137,028.
530,032.
6,215.
523,817.
50,000.
473,817.
17,395.
165,585.
71,067.
325,627.
211,658.
E.Other items
645,720.
2.Cash dividend
0.0
0.0
-15893
1,078,614.
98.83%
6.92%
3.11%
2.8%
.23%
6.26%
1.17%
.22
.3
4.09
.33
G.Liquidity ratios
49.93%
18.9%
25.62%
0.0
10.%
266.75%
0.0
0.0
0.0

90.%
.16
10.55
0.0
J.Cash flow ratio
78
2012

(Thousand Rupees)
2009
2010
2011
7,325,189.
7,885,555. 11,058,455.
6,457,200.
6,457,200.
9,116,400.
173,598.
285,671.
388,411.
694,391.
1,142,684.
1,553,644.
2,526,213.
2,591,648.
766.
1,089,244.
1,156,757.
119,094.
0.0
0.0
0.0
975,685.
1,132,259.
106,874.
0.0
0.0
0.0
113,559.
24,498.
12,220.
10,940,646. 11,633,960. 11,178,315.
1,363,660.
1,399,836.
1,491,717.
9,148.
8,736.
23,227.
1,245,029.
1,264,140.
583,954.
3,158,326.
3,099,787.
4,077,544.
4,927,264.
5,557,525.
4,901,692.
0.0
0.0
377,756.
247,273.
248,632.
464,032.
4,679,991.
5,308,893.
4,437,660.
187,828.
180,566.
176,177.
296,664.
372,002.
388,036.
1,050,697.
36,435.
1,014,262.
197,273.
816,989.
138,830.
165,756.
165,706.
790,065.
513,542.
2012
11,058,455.
9,116,400.
388,411.
1,553,644.
766.
119,094.
0.0
106,874.
0.0
12,220.
11,178,315.
1,491,717.
23,227.
583,954.
4,077,544.
4,901,692.
377,756.
464,032.
4,437,660.
176,177.
388,036.
1,252,143.
283,899.
968,244.
41,361.
866,084.
176,223.
180,206.
180,205.
862,102.
560,366.
1,312,686.
47,666.
1,265,020.
175,398.
943,092.
133,437.
208,924.
208,403.
867,605.
513,700.
1,312,686.
47,666.
1,265,020.
175,398.
1,089,622.
133,437.
208,924.
208,403.
867,605.
513,700.
645,720.
645,720.
0.0
0.0
0.0
0.0
-3029800
-81735
1,753,996.
865,132.
911,640.
0.0
0.0
1,169,605.
231,127.
911,640.
0.0
0.0
1,169,605.
231,127.
96.53%
9.27%
7.01%
4.69%
1.27%
7.47%
3.47%
.21
.14
1.19
.8
77.33%
8.32%
7.11%
4.82%
1.51%
7.44%
22.67%
.21
.13
1.02
.87
96.37%
11.32%
4.65%
4.6%
1.19%
8.44%
3.63%
.24
.14
1.56
.56
96.37%
11.32%
4.65%
4.6%
1.19%
9.75%
3.63%
.24
.14
1.56
.56
12.55%
28.87%
42.78%
0.0
9.96%
12.11%
26.64%
45.63%
0.0
9.94%
13.55%
36.48%
39.7%
0.0
1.07%
13.55%
36.48%
39.7%
0.0
1.07%
505.01%
490.84%
4,586.42%
4,586.42%
0.0
5.02%
0.0
0.0
4.47%
0.0
7.71%
9.47%
3.42%
7.71%
9.47%
3.42%
79.78%
16.64%
37.8%
-
122.84%
37.8%
122.84%
66.95%
.24
11.34
0.0
67.78%
.11
12.21
0.0
98.93%
.02
12.13
0.0
98.93%
.02
12.13
0.0
-5.9
-.15
2.28
2.28
PAK KUWAIT INVESTMENT CO. (PVT) LTD.

2008
Items
8,368,527.
1.Share capital
6,000,000.
2.Reserves
6,447,712.
-4079185
-58946
4.Others
7,158,931.
1.Bills payable
0.0
6,370,782.
37,500.
750,649.
15,468,512.
17,179.
2,759,358.
500,000.
4.Investments
8,436,921.
5.Gross advances
4,269,116.
1,278,058.
910,181.
3,358,935.
9.Fixed assets
107,138.
288,981.
1,158,545.
551,191.
607,354.
4,647,386.
-4040032
253,814.
286,252.
286,202.
-4072470
-4102069
E.Other items
240.
2.Cash dividend
.08%
0.0
2,454,422.
1,337,586.
52.42%
3.93%
-49.02%
-26.52%
1.64%
-26.12%
47.58%
-.07
.2
1.13
-17,091.95
G.Liquidity ratios
17.95%
54.54%
21.71%
.24%
46.28%
11,384.31%
66.62%
29.94%
21.32%
15.27%

510.6%
71.22%
54.1%
.16
34,868.86
0.0
J.Cash flow ratio
79
2012
(Thousand Rupees)
2009
2010
2011
2012
8,884,894. 11,502,905. 12,503,432. 13,784,349.
6,000,000.
6,000,000.
6,000,000.
6,000,000.
2,884,894.
2,992,287.
3,114,865.
3,285,976.
0.0
2,510,618.
3,388,567.
4,498,373.
175,691.
239,868.
84,687.
564,597.
15,145,252. 13,280,158. 11,342,439. 16,456,102.
0.0
0.0
0.0
0.0
10,377,872.
9,807,369.
9,161,654. 14,839,975.
4,075,951.
3,138,512.
1,726,601.
1,015,429.
691,429.
334,277.
454,184.
600,698.
24,205,837. 25,022,931. 23,930,558. 30,805,048.
92,512.
51,424.
442,766.
32,650.
1,797,223.
1,409,688.
24,653.
712,976.
800,000.
250,000.
0.0
0.0
17,091,939. 17,521,580. 15,966,871. 24,203,303.
5,003,098.
6,389,805.
8,131,825.
6,879,143.
1,693,697.
1,648,540.
1,723,232.
1,771,283.
1,395,656.
1,420,615.
1,577,790.
1,636,742.
3,607,442.
4,969,190.
6,554,035.
5,242,401.
111,266.
260,736.
282,125.
252,233.
705,455.
560,313.
660,108.
361,485.
1,797,555.
2,111,019.
1,189,263.
1,452,508.
608,292.
658,511.
716,319. -37100
-108027
695,611.
1,015,405.
1,030,674.
314,729.
412,408.
314,526.
411,259.
592,649.
1,321,877.
516,367.
968,732.
2,204,036.
1,445,302.
758,734.
208,083.
550,651.
1,638,323.
462,723.
462,723.
1,726,251.
1,360,527.
2,364,815.
1,605,660.
759,155.
98,378.
660,777.
1,882,698.
485,692.
439,516.
2,057,783.
1,640,917.
240.
240.
240.
0.0
0.0
0.0
0.0
0.0
0.0
-3341852
7,482,073. -2336821
534,532.
193,141.
1,150,452.
240.
0.0
0.0
6,809,220.
470,926.
33.84%
2.51%
5.81%
2.13%
4.19%
-.45%
66.16%
.53
.11
.31
2,151.53
31.19%
2.63%
8.42%
3.87%
4.12%
2.78%
68.81%
.31
.13
.4
4,036.38
34.42%
3.17%
10.88%
5.69%
6.85%
2.3%
65.58%
.27
.12
.28
5,668.86
32.1%
2.46%
11.9%
5.33%
6.11%
2.15%
67.9%
.21
.11
.23
6,837.15
7.81%
70.61%
14.9%
16.84%
62.57%
122.75%
34.61%
5.84%
70.02%
19.86%
12.54%
53.07%
203.59%
49.36%
1.95%
66.72%
27.39%
7.22%
47.4%
470.97%
74.68%
2.42%
78.57%
17.02%
3.3%
53.42%
677.46%
43.39%
33.85%
27.9%
19.06%
25.8%
22.23%
14.33%
21.19%
19.4%
13.78%
25.75%
23.79%
12.85%
51.32%
82.4%
-2.61%
86.17%
13.19%
91.56%
6.01%
92.4%
36.71%
.06
37,020.39
.46
45.97%
.02
47,928.77
.27
52.25%
.09
52,097.63
.14
44.75%
.03
57,434.79
.07
14.49
-2.41
-2.46
4.15
PAK LIBYA HOLDING COMPANY LIMITED

2008
Items
7,253,062.
1.Share capital
6,141,780.
2.Reserves
1,020,589.
90,693.
-1600269
4.Others
6,519,558.
1.Bills payable
0.0
4,858,821.
1,400,000.
260,737.
12,172,351.
42,624.
78,821.
698,769.
4.Investments
5,477,558.
5.Gross advances
5,483,847.
529,012.
545,064.
4,938,783.
9.Fixed assets
52,281.
883,515.
1,610,370.
1,105,089.
505,281.
505,969.
-688
281,258.
218,224.
207,605.
62,346.
112,380.
E.Other items
614,178.
2.Cash dividend
0.0
0.0
-1787539
2,592,189.
31.38%
4.15%
1.55%
.92%
2.31%
-.01%
68.62%
3.33
.12
.74
.18
G.Liquidity ratios
1.%
45.%
40.57%
11.5%
53.56%
391.7%
87.62%
9.65%
9.94%
7.29%

92.83%
103.03%
59.59%
.36
11.81
.19
J.Cash flow ratio
80
2012
(Thousand Rupees)
2009
2010
2011
2012
6,524,955.
6,650,877.
6,586,986.
3,158,142.
6,141,780.
6,141,780.
6,141,780.
6,141,780.
444,589.
474,801.
474,801.
0.0
-61414
-2983638
34,296. -29595
-207905
-191250
-229759
-8351
10,099,231.
9,915,845.
8,526,649. 10,315,816.
0.0
0.0
0.0
0.0
3,210,806.
4,983,790.
4,537,471.
5,880,572.
6,404,711.
4,657,690.
3,652,844.
4,088,500.
483,714.
274,365.
336,334.
346,744.
16,416,281. 16,375,472. 14,883,876. 13,465,607.
64,312.
76,513.
42,643.
63,387.
108,980.
36,324.
41,177.
38,636.
1,646,286.
1,482,414.
200,000.
0.0
6,379,873.
6,286,676.
6,187,323.
7,706,331.
8,285,178.
8,430,312.
8,003,538.
7,558,084.
1,012,965.
1,122,912.
1,566,090.
3,307,968.
944,570.
1,019,531.
964,425.
2,717,073.
7,340,608.
7,410,781.
7,039,113.
4,841,011.
82,960.
96,089.
68,568.
97,946.
793,262.
986,675.
1,305,052.
718,296.
1,611,086.
1,145,347.
465,739.
508,620.
-42881
-484130
226,215.
222,880.
-753226
-728107
1,675,251.
1,728,763.
1,229,133.
1,125,259.
1,100,691.
983,847.
549,992.
628,072.
245,286.
341,721.
185,091.
2,983,602.
208,271.
442,981. -2738316
214,661.
46,188.
119,940.
287,562.
373,618.
666,467.
281,965.
341,014.
281,437.
105,473.
115,551. -3317699
-3428844
131,626. -63891
614,178.
614,178.
0.0
0.0
0.0
0.0
-572247
-88345
2,267,235.
1,620,644.
614,178.
0.0
0.0
726,795.
1,446,275.
614,178.
0.0
0.0
2,480,282.
1,995,651.
28.91%
2.84%
-11.16%
-4.44%
-2.95%
-.26%
71.09%
-.3
.2
-.46
-1.19
32.83%
3.36%
1.98%
.8%
1.31%
1.27%
67.17%
2.67
.15
1.31
.21
36.33%
4.22%
-.97%
-.43%
.31%
2.98%
63.67%
2.95
.21
7.38
-.1
19.96%
1.82%
-108.57%
-25.46%
.89%
-20.34%
80.04%
-.08
.49
2.35
-5.58
1.06%
38.86%
44.72%
39.01%
61.52%
129.36%
86.16%
.69%
38.39%
45.26%
28.44%
60.55%
181.%
87.44%
.56%
41.57%
47.29%
24.54%
57.29%
219.1%
97.72%
.76%
57.23%
35.95%
30.36%
76.61%
184.86%
75.82%
12.23%
11.4%
15.52%
13.32%
12.09%
16.88%
19.57%
12.05%
23.78%
43.77%
35.95%
104.74%
53.85%
93.25%
33.52%
90.79%
19.19%
61.58%
109.81%
82.14%
39.75%
.35
10.62
.98
40.61%
.24
10.83
.7
44.26%
.22
10.72
.55
23.45%
.63
5.14
1.29
.79
-.67
-11.38
-.72
PAK OMAN INVESTMENT COMPANY LIMITED

2008
Items
7,172,413.
1.Share capital
6,150,000.
2.Reserves
1,017,251.
5,162.
-899590
4.Others
11,119,791.
1.Bills payable
7,491,561.
3,023,121.
605,109.
17,392,614.
48,548.
508,560.
3,137,180.
4.Investments
6,996,478.
5.Gross advances
6,074,145.
333,971.
333,971.
5,740,174.
9.Fixed assets
67,109.
894,565.
2,038,155.
1,318,404.
719,751.
253,496.
466,255.
-62050
277,645.
255,846.
126,560.
6,453.
E.Other items
615,000.
2.Cash dividend
0.0
0.0
363,978.
1,440,147.
35.31%
4.14%
.09%
.04%
-.36%
2.68%
64.69%
2.02
.14
-4.12
.01
G.Liquidity ratios
3.2%
40.23%
33.%
17.38%
63.93%
200.92%
57.77%
5.5%
5.5%
4.66%

75.9%
100.%
41.24%
.2
11.66
.42
J.Cash flow ratio
81
2012
2009
6,564,920.
6,150,000.
414,920.
-142019
14,141,838.
0.0
8,895,096.
4,562,089.
684,653.
20,564,739.
73,968.
590,362.
2,846,936.
10,775,046.
6,440,129.
926,015.
926,015.
5,514,114.
62,538.
701,775.
(Thousand Rupees)
2010
2011
2012
6,793,844.
6,931,824.
7,173,742.
6,150,000.
6,150,000.
6,150,000.
492,568.
485,312.
570,983.
0.0
151,276.
296,512.
452,759.
-31697
-56048
38,511.
12,430,977. 11,963,268. 11,406,124.
0.0
0.0
0.0
6,145,349.
6,648,716.
6,546,367.
5,561,165.
4,695,693.
4,351,000.
724,463.
618,859.
508,757.
19,193,124. 18,839,044. 18,618,377.
70,420.
66,679.
101,974.
664,169.
209,531.
159,980.
2,467,467.
1,321,745.
833,119.
9,129,453. 10,632,874. 10,296,148.
7,052,670.
6,739,785.
7,280,873.
1,221,006.
1,199,078.
1,182,906.
1,107,629.
974,224.
933,814.
5,945,041.
5,765,561.
6,347,059.
74,901.
68,276.
61,298.
841,673.
774,378.
818,799.
2,319,194.
1,636,815.
682,379.
729,674.
-47295
-359896
246,628.
234,559.
-653819
607,493.
2,231,471.
2,270,702.
1,462,002.
1,513,542.
769,469.
757,160.
267,739. -73119
501,730.
830,279.
297,510.
153,800.
343,788.
360,868.
326,855.
335,648.
455,452.
623,211.
332,799.
357,521.
2,051,174.
1,304,300.
746,874.
163,795.
583,079.
431,879.
386,488.
371,542.
628,470.
446,586.
615,000.
0.0
0.0
52,313.
1,134,953.
615,000.
615,000.
0.0
0.0
0.0
0.0
1,800,538. -2462635
625,687.
2,833,372.
615,000.
0.0
0.0
2,501,049.
1,550,074.
29.42%
3.32%
9.25%
2.95%
-1.75%
-.23%
70.58%
-.36
.13
-.65
.99
34.48%
4.01%
4.9%
1.73%
1.55%
2.61%
65.52%
.72
.14
1.1
.54
33.34%
4.02%
5.16%
1.9%
.82%
4.41%
66.66%
.54
.15
2.18
.58
36.41%
4.01%
6.23%
2.4%
2.32%
3.13%
63.59%
.59
.16
.86
.73
3.23%
52.4%
26.81%
22.18%
68.77%
141.17%
47.86%
3.83%
47.57%
30.97%
28.97%
64.77%
126.82%
60.25%
1.47%
56.44%
30.6%
24.93%
63.5%
143.53%
59.41%
1.41%
55.3%
34.09%
23.37%
61.26%
167.34%
66.81%
14.38%
14.38%
14.11%
17.31%
15.71%
17.97%
17.79%
14.45%
17.3%
16.25%
12.83%
16.49%
0.0
78.8%
100.%
24.17%
90.71%
-7.51%
81.25%
17.54%
78.94%
31.92%
.17
10.67
.69
35.4%
.09
11.05
.82
36.79%
.41
11.27
.68
38.53%
.22
11.66
.61
.09
5.41
-6.89
5.6
SAUDI PAK INDUSTRIAL & AGRI. INV CO. (PVT) LTD.

2008
Items
6,487,342.
1.Share capital
5,000,000.
2.Reserves
2,405,925.
-918583
4.Others
2,107,993.
12,538,271.
1.Bills payable
0.0
10,843,443.
1,420,000.
274,828.
21,133,606.
24,784.
1,302,617.
1,335,000.
4.Investments
8,602,574.
5.Gross advances
8,176,268.
2,600,657.
1,871,691.
6,304,577.
9.Fixed assets
2,369,627.
1,194,427.
1,946,874.
1,711,056.
235,818.
643,119.
407,302.
6,950,333.
2,134,384.
184,006.
4,408,648.
4,426,613.
E.Other items
500,000.
2.Cash dividend
0.0
0.0
5,508,473.
6,377,528.
12.11%
1.12%
68.23%
20.95%
32.89%
1.93%
87.89%
.04
.24
.03
8.85
G.Liquidity ratios
6.28%
40.71%
29.83%
6.72%
59.33%
575.79%
66.67%
31.81%
22.89%
40.09%

34.36%
71.97%
30.7%
.98
12.97
.22
J.Cash flow ratio
82
2012
(Thousand Rupees)
2009
2010
2011
2012
7,992,320.
7,758,307.
6,233,267.
6,620,574.
6,000,000.
6,000,000.
6,000,000.
6,000,000.
2,520,384.
1,961,641.
1,513,182.
536,440.
-528064
-203334
-1279915
84,134.
2,086,629.
1,046,117.
829,249.
1,041,002.
11,132,171. 13,178,438. 10,262,203. 10,046,997.
0.0
0.0
0.0
0.0
8,160,658.
9,078,012.
7,064,577.
7,229,176.
2,635,848.
2,858,458.
1,618,222.
1,329,131.
335,665.
1,241,968.
1,579,404.
1,488,690.
21,211,120. 21,982,862. 17,324,719. 17,708,573.
44,579.
41,130.
56,121.
65,690.
2,538,196.
286,434.
193,655.
389,069.
2,083,871.
431,258.
171,111.
285,000.
7,403,287.
7,177,103.
5,101,879.
6,194,338.
7,594,930. 12,130,998. 10,870,638.
9,986,984.
2,619,486.
2,828,882.
3,006,985.
3,137,100.
1,985,406.
2,773,949.
3,477,362.
3,623,295.
5,609,524.
9,357,049.
7,393,276.
6,363,689.
2,282,313.
2,448,286.
2,321,846.
2,612,688.
1,249,350.
2,241,602.
2,086,831.
1,798,099.
1,870,370.
1,728,226.
1,479,941.
1,428,082.
1,399,433.
1,173,520.
442,288.
328,793.
306,421.
571,641.
212,552.
719,171.
-129353
116,241. -412750
730,913. -16197
136,865.
196,267.
374,212.
1,471,800.
196,267.
359,004.
337,031.
-1747686
405,193. -274167
-2042565
418,904. -434030
1,246,895.
776,603.
470,292.
390,322.
79,970.
645,779.
465,384.
375,215.
268,622.
246,988.
600,000.
600,000.
600,000.
0.0
0.0
0.0
0.0
0.0
0.0
-809416
-2147613
-1979145
6,270,668.
5,590,225.
3,344,230.
600,000.
0.0
0.0
460,618.
1,423,333.
23.65%
2.09%
5.24%
1.97%
3.45%
-.61%
76.35%
.48
.08
.27
.7
19.02%
1.5%
-5.59%
-1.97%
-.07%
.53%
80.98%
-1.31
.22
-22.16
-.72
20.7%
1.77%
-32.77%
-11.79%
.79%
-2.38%
79.3%
-.19
.91
2.46
-3.4
37.72%
2.66%
3.73%
1.39%
3.65%
.45%
62.28%
1.4
.25
.58
.41
12.18%
34.9%
26.45%
12.43%
52.48%
288.14%
70.35%
1.49%
32.65%
42.57%
13.%
59.95%
424.39%
101.63%
1.44%
29.45%
42.67%
9.34%
59.23%
671.76%
125.2%
2.57%
34.98%
35.94%
7.51%
56.74%
751.39%
116.69%
34.49%
26.14%
32.78%
23.32%
22.87%
36.46%
27.66%
31.99%
48.24%
31.41%
36.28%
47.38%
28.79%
75.79%
7.66%
98.06%
20.68%
115.64%
10.77%
115.5%
37.68%
.78
13.32
.33
35.29%
.72
12.93
.37
35.98%
.54
10.39
.26
37.39%
.21
11.03
.2
-1.93
4.95
.97
1.86
L
P
EASING OMPANIES
C
ERFORMANCE AT A LANCE
G
Outlook of leasing sector in the country has not been encouraging during FY12. A
by 0.3 percent from Rs 33.8 billion in FY11 to Rs 33.7 billion in FY12. The sector
before taxation of Rs. 27.0 million in FY12 as compared to Rs. 407.2 million in FY
A
E
NALYSIS OF S
HAREHOLDERS
QUITY
The shareholders
equity of leasing sector
decreased by 9.0 percent in FY12 from Rs

4.9 billion in FY11 to Rs 4.5 billion in
FY12. Increase was however, noted in
reserves, which increased by 9.7 percent in
FY12, from Rs 2.1 billion in FY11 to Rs 2.3
billion in FY12.
A
NALYSIS OF L
IABILITIES
Total liabilities slightly increased from Rs.
28.6 billion in FY11 to Rs. 28.9 billion in
FY12 showing an increase of 1.1 percent.
Long term liabilities comprises borrowings
from financial and other institutions (BFI),
deposit on finance lease (DFL) and other
miscellaneous liabilities (MISC). The
contribution of BFI, DFL and MISC was
21.3 percent, 28.2 percent and 50.6 percent
respectively of non-current liabilities for the

year FY12. BFI decreased from Rs 3.4 billion in FY11 to Rs 2.8 billion in FY12. S
decreased from Rs 4.7 billion in FY11 to Rs. 3.7 billion in FY12.
2012
been encouraging during FY12. Asset base decreased

33.7 billion in FY12. The sector showed profit
mpared to Rs. 407.2 million in FY11.
Shareholder's Equity
FY 11
FY 12
Growth%
6.
20.%
asing sector
4.9
4.5 4.4 4.4
5.
9.7%
4.
3.
2.
1.
Billion Rs.
-1.
10.%
0.0
0.0
2.1 2.3
-9.%
-10.%
-20.%
-30.%
0.0
Total
Equity
Share
Capital
Reserves
Un-appr.
profit/loss
-40.6%
-1.6
-2.2
-2.
-40.%
-3.
-50.%
Composition of non-current
liabilities
15.
6.4
10.
6.7
MISC
DFL
3.7
2.8
BFI
4.7
Billion Rs.
5.
3.4
0.0
FY 11
FY11 to Rs 2.8 billion in FY12. Similarly, DFL

billion in FY12.
83
FY 12
Current liabilities increased from Rs 14.2 billion in FY11 to Rs 15.6 billion in FY12
increase of 10.2 percent. The ratios of current liabilities to total liabilities have bee
54.0 percent respectively in FY11 and FY12.
NALYSIS OFASSETS
Total assets of leasing sector were Rs 33.7

billion in FY12 as against Rs 33.8 billion
in FY11, showing a decline of 0.3 percent
20.
18.
16.
14.
over the previous year. Net investment in

finance lease contributed 71.5 percent of
non-current assets in FY12; showing a
decrease of 6.9 percent to reach Rs 12.5
billion in FY12 from Rs 13.4 billion in
12.
10.
8.
Billion Rs.
6.
4.
2.
0.0
FY11. Fixed assets (FA) comprised 10.9

percent of non-current assets and other/miscellaneous assets 17.6 percent
other/miscellaneous assets increased by 7.8 percent & 5.2 percent respectively in
Current assets (CA) were Rs 15.7 billion
in FY11 increased by 3.4 percent to reach
Rs 16.2 billion in FY12. CA constituted
20.
48.2 percent of total assets in FY12 which

were 46.5 percent of total assets in FY11.
Current assets comprised of cash and cash
10.
Billon Rs.
equivalents (CCE) and other/ misc. current
assets (OCA). Cash and balances with

treasury banks and other money market
placements have shown negative growths
of 53.6 percent and 39.3 percent respectively in FY12 over FY11. OCA constitute
CA in FY11 and 88.5 percent of CA in FY12, showing a decline of 0.7 percent in F
84
2012
n FY11 to Rs 15.6 billion in FY12, showing an
abilities to total liabilities have been 49.6 percent and
Non Current Assets

FY 11
18.1 17.4
FY 12
Growth%
10.%
8.%
6.%
5.2%
4.%
2.%
0.0
7.8%
13.4 12.5
-2.%
-3.5% 1.8 1.9
2.9 3.1
-4.%
-6.%
-8.%
-6.9%
NCA
NIFL
FA
MISC
ellaneous assets 17.6 percent in FY12. FA and

cent & 5.2 percent respectively in FY12.
Current Assets
16.2
15.7
FY 11
14.4
0.0
1.9
1.2
14.5
CA
CCA
OCA
FY12 over FY11. OCA constituted 92.2 percent of

owing a decline of 0.7 percent in FY12.
FY 12
ROFITABILITY AND OPERATING EFFICIENCY
The profit and loss account of leasing

sector indicates that prominent source
of revenue generation is income from
finance lease, which was Rs. 2,834
million in FY11, decreased by 2.1
percent to Rs 2,775 million in FY12.
4.
3.5
3.
2.5
2.
1.5
Income from finance lease and

Billion Rs.
1.
operating lease are components of

income from lease (IL). IL showed
decline of 0.9 percent during FY12.
Income
from
investments(II)
increased by 22.0 percent and other
income (OI) by 14.0 percent in FY12
over FY11. Administrative expenses
(AE) at Rs. 922.9 million in FY11
increased to Rs. 941.2 million during
FY12. Profit before taxation was Rs.
27.0 million while it showed losses of
388.6 million in FY12 after taxation.
.5
0.0
-.5
-1.
10.%
8.%
6.%
4.%
2.%
0.0
-2.%
-4.%
-6.%
-8.%
-10.%
Return on equity (ROE), return on

assets (ROA) and return on revenue
(ROR) have been in the negative zone this year except for return on capital emplo
is positive.
85
Profit & Loss Account

FY 11
3.6 3.6
FY 12
-.9%
22.%
Growth%
14.%
2.%
-93.4%
0.8 1.0
0.9 0.9
.4
0.0
0.0 0.0
IL
II
OI
AE
PBT
.3
PAT
Profitability Ratios
6.9%
7.6%
2.1%
.2%
ROE
ROCE
1.%
ROA
ROR
-1.2%
-8.7%
except for return on capital employed (ROCE) which
85
-8.6%
2012
50.%
0.0
-50.%
-100.%
-150.%
-.4
-200.%
-215.3%
-250.%
FY 11
FY 12
Leasing Companies - Overall

2008
Items
7,800,956.
1.Share capital
4,960,666.
2.Reserves
2,499,578.
3.Un appropriated profit/loss
340,712.
-67720
4.Others
B.Total liabilities (B1+ B2)
56,921,926.
1.Non-current liabilities (a + b + c)
36,548,909.
a.Borrowings from financial and other institutions
6,765,089.
b.Deposit on finance lease
16,502,335.
c.Other/misc. liabilities
13,281,485.
2.Current liabilities
20,373,017.
C.Total assets (C1 + C2)
64,655,162.
1.Non-current assets (a + b + c)
36,026,887.
a.Net investment in finance lease
29,923,207.
b.Fixed assets
2,035,740.
c.Other/misc. assets
4,067,940.
2.Current assets (e + f)
28,628,275.
a.Cash and balances with treasury banks
308,100.
b.Placement with other banks
1,169,347.
c.Term deposits certificate
937,871.
d.Other money market placements
947,040.
e.Cash & cash equivalent (a + b + c + d)
3,362,358.
f.Other/misc. current assets
25,265,917.
1.Income from finance lease
4,895,144.
2.Income from operating lease
904,851.
3.Income from lease (D1 + D2)
5,799,995.
4.Income from investments
319,789.
5.Other income
1,668,240.
6.Total income/revenue (D3 to D5)
7,788,024.
1,278,443.
477,671.
609,870.
E.Other items
496,045.
2.Cash dividend
N/A
3.Stock dividend
N/A
1,805,150.
7.82%
2.Return on capital employed (ROCE) (D8/(C-B2))
1.08%
.94%
4.Return on revenue (ROR) (D9/D6)
7.83%
5.Lease income to total income (D3/D6)
74.47%
6.Administrative expenses to profit before tax. (D7/D9) (times)
2.1
1.23
G.Liquidity ratios
1.Cash & cash equivalent to total assets (C2e/C)
5.2%
2.Net investment in finance lease to total assets (C1a/C)
46.28%
3.Current assets to current liabilities (C2/B2) (times)
1.41
4.Total liabilities to total assets (B/C) (times)
.88
H.Capital /leverage ratios
12.07%
15.73
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D9) (times) 2.96
2.Cash generated from operating activities to current liabilities (E4/B2) (times) .09
86
2012
(Thousand Rupees)
2009
2010
2011
2012
6,316,942.
4,320,919.
4,898,134.
4,457,244.
5,282,365.
4,872,408.
4,384,659.
4,384,659.
1,824,047.
1,266,645.
2,098,810.
2,301,846.
-789470
-1818134
-1585335
-2229261
-133118
141,757.
279,435.
309,252.
49,969,350. 32,704,053. 28,579,418. 28,889,445.
31,035,953. 17,121,056. 14,411,488. 13,282,212.
5,647,750.
4,991,653.
3,370,413.
2,824,610.
14,383,597.
6,347,401.
4,680,145.
3,741,743.
11,004,606.
5,782,002.
6,360,930.
6,715,859.
18,933,397. 15,582,997. 14,167,930. 15,607,233.
56,153,174. 37,166,729. 33,756,987. 33,655,941.
28,288,631. 17,744,272. 18,060,998. 17,422,505.
21,949,968. 13,172,435. 13,380,148. 12,451,059.
1,959,972.
1,696,652.
1,758,486.
1,896,381.
4,378,691.
2,875,185.
2,922,364.
3,075,065.
27,864,543. 19,422,457. 15,695,989. 16,233,436.
554,865.
6,751.
487.
226.
709,141.
263,208.
342,472.
502,490.
1,747,606.
1,614,842.
841,296.
1,338,031.
864,832.
543,218.
34,216.
20,776.
3,876,444.
2,428,019.
1,218,471.
1,861,523.
23,988,099. 16,994,438. 14,477,518. 14,371,913.
4,667,649.
2,970,869.
742,010.
759,675.
5,409,659.
3,730,544.
190,161.
109,101.
831,685.
1,208,266.
6,431,505.
5,047,911.
1,343,468.
1,055,725.
-1646659
-656095
-1519073
-578624
528,215.
487,219.
2,834,411.
2,774,579.
754,690.
780,817.
3,589,101.
3,555,396.
17,317.
21,128.
841,342.
959,040.
4,447,760.
4,535,564.
922,895.
941,224.
407,168.
27,030.
337,034. -388552
438,464.
438,464.
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4,736,396.
2,298,492.
1,238,762.
243,163.
-24.05%
-4.42%
-2.71%
-23.62%
84.11%
-.88
-2.88
-13.39%
-3.04%
-1.56%
-11.46%
73.9%
-1.82
-1.19
6.88%
2.08%
1.%
7.58%
80.69%
2.74
.77
-8.72%
.15%
-1.15%
-8.57%
78.39%
-2.42
-.89
6.9%
39.09%
1.47
.89
6.53%
35.44%
1.25
.88
3.61%
39.64%
1.11
.85
5.53%
37.%
1.04
.86
11.25%
11.96
11.63%
8.87
14.51%
11.17
13.24%
10.17
-3.12
.25
-3.97
.15
3.68
.09
-.63
.02
Capital Assets Leasing Corporation Ltd.

2008
Items
1.Share capital
2.Reserves
4.Others
b.Fixed assets
5.Other income
E.Other items
2.Cash dividend
3.Stock dividend
G.Liquidity ratios
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D9)-(times)
2.Cash generated from operating activities to current liabilities (E4/B2)
- (times)
87
2012
2009
-
2010
58,030.
107,444.
9,639.
-59053
0.0
22,389.
141.
0.0
141.
0.0
22,248.
80,419.
56,494.
519.
55,449.
526.
23,925.
28.
918.
0.0
18,094.
19,040.
4,885.
(Thousand Rupees)
2011
2012
98,919.
106,787.
107,444.
107,444.
9,639.
17,989.
-18164
-18646
0.0
0.0
12,376.
66,003.
0.0
37,179.
0.0
0.0
0.0
0.0
0.0
37,179.
12,376.
28,824.
111,295.
172,790.
85,088.
149,334.
0.0
0.0
54,928.
117,755.
30,160.
31,579.
26,207.
23,456.
19.
21.
517.
298.
0.0
0.0
10,115.
9,548.
10,651.
9,867.
15,556.
13,589.
2,107.
1,792.
3,899.
0.0
1,486.
5,385.
8,306.
17,817.
36,940.
323.
15,358.
15,681.
0.0
1,012.
16,693.
5,911.
12,175.
41,749.
14.
21,886.
21,900.
0.0
122.
22,022.
6,428.
12,410.
7,868.
10,744.
0.0
0.0
55,503.
10,744.
5.%
0.0
1,845.
10,744.
0.0
0.0
21,934.
63.66%
30.63%
45.93%
685.98%
72.4%
.22
3.44
42.21%
12.31%
37.51%
250.1%
93.94%
.14
3.89
7.37%
8.62%
4.55%
35.73%
99.45%
.82
.73
23.68%
.65%
1.08
.28
9.57%
0.0
2.12
.11
5.71%
0.0
.81
.38
72.16%
5.4
88.88%
9.21
61.8%
9.94
1.5
2.49
.04
.15
2.79
.76
Grays Leasing Ltd.

2008
Items
259,238.
1.Share capital
200,000.
2.Reserves
58,625.
613.
4.Others
19,969.
1,293,288.
798,343.
372,353.
369,898.
56,092.
494,945.
1,572,495.
881,707.
773,432.
b.Fixed assets
92,123.
16,152.
690,788.
21.
20,793.
0.0
641,375.
662,189.
28,599.
129,584.
8,317.
137,901.
0.0
5.Other income
15,055.
152,956.
38,556.
-9571
-10283
E.Other items
20,000.
2.Cash dividend
0.0
3.Stock dividend
0.0
171,193.
-3.97%
-.89%
-.65%
-6.72%
90.16%
-3.75
-.51
G.Liquidity ratios
42.11%
49.19%
1.4
.82
16.49%
12.96
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D9) (times)-16.65
88
2012
(Thousand Rupees)
2009
2010
2011
2012
202,112.
101,581.
75,433.
71,910.
215,000.
215,000.
215,000.
215,000.
58,625.
58,625.
58,625.
58,625.
-71513
-172044
-198192
-201715
18,970.
18,022.
76,108.
97,121.
852,115.
554,619.
310,943.
170,480.
262,733.
43,384.
281,847.
164,033.
96,968.
4,796.
62,378.
12,383.
141,555.
33,888.
219,469.
151,650.
24,210.
4,700.
0.0
0.0
589,382.
511,235.
29,096.
6,447.
1,073,197.
674,222.
462,484.
339,511.
289,847.
144,025.
448,392.
334,129.
189,313.
67,666.
431,552.
332,591.
89,373.
65,676.
16,493.
1,303.
11,161.
10,683.
347.
235.
783,350.
530,197.
14,092.
5,382.
36.
30.
39.
33.
16,199.
14,000.
11,151.
3,578.
0.0
0.0
0.0
0.0
763,478.
512,481.
2,101.
1,228.
779,713.
526,511.
13,291.
4,839.
3,637.
3,686.
801.
543.
91,969.
50,634.
18,842.
14,775.
3,415.
5,425.
988.
107.
95,384.
56,059.
19,830.
14,882.
0.0
0.0
0.0
0.0
10,931.
10,361.
10,780.
11,048.
106,315.
66,420.
30,610.
25,930.
-14579
36,188.
27,767. -20628
-74578
-118232
-42506
-1784
-56520
-101478
-44170
-3523
21,500.
21,500.
21,500.
21,500.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-24336
-24634
-27623
-4117
-27.96%
-15.41%
-5.27%
-53.16%
89.72%
-.64
-2.63
-99.9%
-72.54%
-15.05%
-152.78%
84.4%
-.27
-4.72
-58.56%
-9.81%
-9.55%
-144.3%
64.78%
.47
-2.05
-4.9%
-.54%
-1.04%
-13.59%
57.39%
4.14
-.16
72.65%
17.64%
1.33
.79
78.09%
10.04%
1.04
.82
2.87%
93.31%
.48
.67
1.43%
97.96%
.83
.5
18.83%
9.4
15.07%
4.72
16.31%
3.51
21.18%
3.34
.43
-.04
.24
-.05
.63
-.95
1.17
-.64
NBP Leasing Ltd.

2008
Items
720,708.
1.Share capital
500,000.
2.Reserves
88,932.
131,776.
-97976
4.Others
293,173.
67,008.
0.0
66,017.
991.
226,165.
915,905.
353,502.
194,096.
b.Fixed assets
6,498.
152,908.
562,403.
1,301.
2,394.
218,315.
0.0
222,010.
340,393.
41,503.
1,167.
42,670.
52,966.
5.Other income
12,814.
108,450.
24,802.
853.
10,915.
E.Other items
50,000.
2.Cash dividend
0.0
3.Stock dividend
0.0
148,975.
1.51%
.12%
1.19%
10.06%
39.35%
2.27
.22
G.Liquidity ratios
24.24%
21.19%
2.49
.32
78.69%
14.41
I.Cash flow ratio
89
2012
(Thousand Rupees)
2009
2010
2011
2012
617,815.
648,916.
705,192.
716,171.
500,000.
500,000.
500,000.
500,000.
88,932.
95,152.
106,407.
108,603.
28,883.
53,764.
98,785.
107,568.
-35573
-21891
-17939
-4520
99,621.
110,680.
215,889.
462,160.
40,441.
54,165.
88,612.
293,664.
0.0
0.0
0.0
150,000.
40,441.
52,281.
86,935.
140,958.
0.0
1,884.
1,677.
2,706.
59,180.
56,515.
127,277.
168,496.
681,863.
737,705.
903,142.
1,173,811.
289,984.
373,074.
592,851.
609,093.
109,761.
189,948.
394,831.
598,367.
4,996.
7,612.
9,374.
9,346.
175,227.
175,514.
188,646.
1,380.
391,879.
364,631.
310,291.
564,718.
22.
121.
318.
40.
111,296.
6,065.
7,044.
4,127.
119,934.
121,028.
51,152.
30,407.
0.0
0.0
0.0
0.0
231,252.
127,214.
58,514.
34,574.
160,627.
237,417.
251,777.
530,144.
27,145.
294.
27,439.
36,832.
3,663.
67,934.
29,087.
-126024
-102893
19,463.
48,927.
68,390.
51.
0.0
68,441.
34,519.
34,017.
31,101.
48,166.
46,215.
94,381.
0.0
0.0
94,381.
44,826.
57,080.
56,276.
66,088.
25,775.
91,863.
0.0
0.0
91,863.
47,809.
12,232.
10,979.
50,000.
50,000.
50,000.
50,000.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-232366
-183781
151,088. -69226
-16.65%
-20.24%
-15.09%
-151.46%
40.39%
-.28
-2.06
4.79%
4.99%
4.22%
45.44%
99.93%
1.11
.62
7.98%
7.36%
6.23%
59.63%
100.%
.8
1.13
1.53%
1.22%
.94%
11.95%
100.%
4.35
.22
33.91%
16.1%
6.62
.15
17.24%
25.75%
6.45
.15
6.48%
43.72%
2.44
.24
2.95%
50.98%
3.35
.39
90.61%
12.36
87.96%
12.98
78.08%
14.1
61.01%
14.32
-1.47
2.55
-2.23
-1.22
-4.13
-1.83
-16.74
-1.09
Orix Leasing Pakistan Ltd.

2008
Items
2,603,868.
1.Share capital
694,785.
2.Reserves
1,576,899.
332,184.
4.Others
0.0
25,211,112.
20,175,342.
3,602,959.
9,913,743.
6,658,640.
5,035,770.
27,814,980.
15,876,126.
13,169,849.
b.Fixed assets
832,333.
1,873,944.
11,938,854.
207,557.
0.0
261,519.
0.0
469,076.
11,469,778.
2,378,393.
535,434.
2,913,827.
33,330.
5.Other income
504,110.
3,451,267.
516,826.
351,609.
266,609.
E.Other items
69,478.
2.Cash dividend
15.%
3.Stock dividend
15.%
549,478.
10.24%
1.54%
.96%
7.72%
84.43%
1.94
3.84
G.Liquidity ratios
1.69%
47.35%
2.37
.91
9.36%
37.48
I.Cash flow ratio
90
2012
(Thousand Rupees)
2009
2010
2011
2012
2,077,910.
2,016,356.
2,160,686.
2,376,165.
820,528.
820,529.
820,529.
820,529.
1,052,604.
1,195,827.
1,340,157.
1,555,636.
204,778.
0.0
0.0
0.0
0.0
0.0
87,013.
85,045.
25,245,296. 21,762,670. 19,554,519. 19,535,444.
17,807,230. 12,963,244. 11,093,605. 10,354,374.
3,864,826.
3,186,110.
2,172,519.
1,938,187.
8,100,984.
4,543,263.
3,165,148.
2,273,603.
5,841,420.
5,233,871.
5,755,938.
6,142,584.
7,438,066.
8,799,426.
8,460,914.
9,181,070.
27,323,206. 23,779,026. 21,802,218. 21,996,654.
13,465,632. 11,918,496. 12,238,277. 11,640,724.
9,828,123.
9,130,304.
9,109,645.
7,839,575.
1,121,881.
1,075,338.
1,266,877.
1,341,222.
2,515,628.
1,712,854.
1,861,755.
2,459,927.
13,857,574. 11,860,530.
9,563,941. 10,355,930.
528,227.
0.0
0.0
0.0
0.0
128,632.
242,277.
336,373.
1,467,281.
1,216,429.
358,263.
737,619.
0.0
0.0
0.0
0.0
1,995,508.
1,345,061.
600,540.
1,073,992.
11,862,066. 10,515,469.
8,963,401.
9,281,938.
2,374,476.
589,621.
2,964,097.
83,641.
475,772.
3,523,510.
651,523.
-428715
-467096
2,066,884.
625,848.
2,692,732.
70,258.
994,309.
3,757,299.
599,756.
125,956.
104,784.
2,107,805.
648,815.
2,756,620.
0.0
433,383.
3,190,003.
548,631.
226,585.
144,673.
2,012,627.
703,582.
2,716,209.
0.0
633,214.
3,349,423.
585,467.
274,864.
201,864.
82,053.
0.0
0.0
2,690,983.
82,053.
0.0
0.0
945,394.
82,053.
10.%
0.0
801,778.
82,053.
15.%
0.0
460,537.
-22.48%
-2.16%
-1.71%
-13.26%
84.12%
-1.39
-5.69
5.2%
.84%
.44%
2.79%
71.67%
5.72
1.28
6.7%
1.7%
.66%
4.54%
86.41%
3.79
1.76
8.5%
2.14%
.92%
6.03%
81.09%
2.9
2.46
7.3%
35.97%
1.86
.92
5.66%
38.4%
1.35
.92
2.75%
41.78%
1.13
.9
4.88%
35.64%
1.13
.89
7.6%
25.32
8.48%
24.57
9.91%
26.33
10.8%
28.96
-5.76
.36
9.02
.11
5.54
.09
2.28
.05
Pak-Gulf Leasing Co. Ltd.

2008
Items
256,702.
1.Share capital
193,698.
2.Reserves
29,580.
33,424.
4.Others
24,871.
282,308.
151,144.
0.0
129,971.
21,173.
131,164.
563,881.
354,788.
303,813.
b.Fixed assets
47,894.
3,081.
209,093.
0.0
181,497.
0.0
0.0
181,497.
27,596.
40,338.
9,429.
49,767.
703.
5.Other income
150.
50,620.
18,028.
12,164.
10,849.
E.Other items
19,370.
2.Cash dividend
0.0
3.Stock dividend
0.0
7,472.
4.23%
2.81%
1.92%
21.43%
98.31%
1.66
.56
G.Liquidity ratios
32.19%
53.88%
1.59
.5
45.52%
13.25
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D9) (times) .69
91
2012
(Thousand Rupees)
2009
2010
2011
2012
333,766.
346,117.
364,255.
389,369.
253,698.
253,698.
253,698.
253,698.
32,556.
37,041.
41,785.
44,648.
47,512.
55,378.
68,772.
91,023.
47,865.
44,150.
41,756.
39,045.
324,924.
309,837.
410,023.
421,665.
227,757.
235,872.
288,464.
304,498.
25,000.
8,333.
25,000.
0.0
161,465.
178,168.
198,580.
217,146.
41,292.
49,371.
64,884.
87,352.
97,167.
73,965.
121,559.
117,167.
706,555.
700,104.
816,034.
850,079.
473,944.
447,104.
527,791.
524,056.
391,013.
366,450.
450,676.
449,235.
82,710.
77,532.
73,978.
71,665.
221.
3,122.
3,137.
3,156.
232,611.
253,000.
288,243.
326,023.
0.0
0.0
0.0
0.0
182,279.
6,233.
2,237.
42,904.
0.0
1,530.
1,745.
1,643.
0.0
0.0
0.0
0.0
182,279.
7,763.
3,982.
44,547.
50,332.
245,237.
284,261.
281,476.
53,639.
27.
53,666.
5,184.
349.
59,199.
18,669.
23,023.
14,878.
61,302.
3,172.
64,474.
0.0
4,724.
69,198.
31,455.
33,900.
15,528.
75,166.
2,194.
77,360.
0.0
7,046.
84,406.
28,187.
48,102.
22,505.
25,370.
25,370.
5.%
0.0
0.0
0.0
43,228. -48250
25,370.
0.0
0.0
73,705.
4.46%
3.78%
2.11%
25.13%
90.65%
1.25
.59
6.14%
5.15%
3.04%
30.63%
92.47%
.94
.84
4.26%
4.88%
1.9%
22.44%
93.17%
2.03
.61
5.78%
6.56%
2.65%
26.66%
91.65%
1.25
.89
25.8%
55.34%
2.39
.46
1.11%
52.34%
3.42
.44
.49%
55.23%
2.37
.5
5.24%
52.85%
2.78
.5
47.24%
13.16
49.44%
13.64
44.64%
14.36
45.8%
15.35
-2.1
-.32
2.03
.58
-3.11
-.4
3.28
.63
25,370.
0.0
0.0
-31254
58,705.
5,453.
64,158.
4,738.
487.
69,383.
19,884.
32,273.
21,249.
SME Leasing Ltd.

2008
Items
419,363.
1.Share capital
320,000.
2.Reserves
48,466.
50,897.
-8783
4.Others
1,569,329.
895,907.
340,486.
181,250.
374,171.
673,422.
1,979,909.
1,221,954.
1,146,981.
b.Fixed assets
9,711.
65,262.
757,955.
33,964.
31,308.
0.0
0.0
65,272.
692,683.
134,241.
0.0
134,241.
5,663.
5.Other income
15,951.
155,855.
43,631.
2,275.
7,711.
E.Other items
32,000.
2.Cash dividend
0.0
3.Stock dividend
0.0
92,656.
1.84%
.17%
.39%
4.95%
86.13%
5.66
.24
G.Liquidity ratios
3.3%
57.93%
1.13
.79
21.18%
13.11
I.Cash flow ratio
92
2012

(Thousand Rupees)
2009
2010
2011
349,615.
299,829.
237,289.
320,000.
320,000.
320,000.
48,466.
48,466.
48,466.
-18851
-68637
-131177
1,649.
3,835.
184.
1,239,513.
685,972.
552,468.
529,821.
297,074.
98,820.
98,236.
12,659.
14,111.
428,318.
280,353.
72,496.
3,267.
4,062.
12,213.
709,692.
388,898.
453,648.
1,590,777.
989,636.
789,941.
957,777.
470,485.
207,162.
907,451.
432,543.
158,289.
13,861.
23,402.
23,017.
36,465.
14,540.
25,856.
633,000.
519,151.
582,779.
36.
26.
9.
22,411.
11,877.
10,407.
0.0
28,660.
3,864.
0.0
0.0
0.0
22,447.
40,563.
14,280.
610,553.
478,588.
568,499.
104,603.
74,548.
44,260.
0.0
104,603.
74,548.
44,260.
-4674
0.0
0.0
19,268.
11,043.
15,459.
119,197.
85,591.
59,719.
47,631.
44,709.
47,250.
-70560
-47388
-61943
-69748
-49786
-62540
2012
208,202.
320,000.
48,466.
-160264
129.
378,723.
63,568.
3,540.
55,798.
4,230.
315,155.
587,054.
114,354.
82,582.
20,804.
10,968.
472,700.
18.
7,173.
3,809.
0.0
11,000.
461,700.
0.0
34,334.
0.0
34,334.
0.0
11,493.
45,827.
40,555.
-28859
-29088
32,000.
0.0
0.0
236,228.
32,000.
0.0
0.0
231,733.
32,000.
0.0
0.0
31,297.
32,000.
0.0
0.0
81,255.
-19.95%
-8.01%
-4.38%
-58.51%
87.76%
-.68
-2.18
-16.6%
-7.89%
-5.03%
-58.17%
87.1%
-.9
-1.56
-26.36%
-18.42%
-7.92%
-104.72%
74.11%
-.76
-1.95
-13.97%
-10.61%
-4.95%
-63.47%
74.92%
-1.39
-.91
1.41%
57.04%
.89
.78
4.1%
43.71%
1.33
.69
1.81%
20.04%
1.28
.7
1.87%
14.07%
1.5
.65
21.98%
10.93
30.3%
9.37
30.04%
7.42
35.47%
6.51
-3.39
.33
-4.65
.6
-.5
.07
-2.79
.26
Saudi Pak Leasing Co. Ltd.

2008
Items
684,097.
1.Share capital
451,605.
2.Reserves
150,857.
81,635.
-136762
4.Others
6,888,051.
2,441,650.
0.0
1,070,376.
1,371,274.
4,446,401.
7,435,386.
3,313,267.
2,941,966.
b.Fixed assets
256,383.
114,918.
4,122,119.
49,704.
419,779.
11,250.
0.0
480,733.
3,641,386.
479,905.
74,835.
554,740.
0.0
5.Other income
316,561.
871,301.
105,283.
90,865.
73,465.
E.Other items
45,160.
2.Cash dividend
0.0
3.Stock dividend
0.0
-240840
10.74%
3.04%
.99%
8.43%
63.67%
1.43
1.63
G.Liquidity ratios
6.47%
39.57%
.93
.93
9.2%
15.15
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D9) (times) -3.28
2.Cash generated from operating activities to current liabilities (E4/B2) (times) -.05
93
2012
(Thousand Rupees)
2009
2010
2011
2012
-239548
-1058654
217,148. -123738
451,605.
451,605.
451,605.
451,605.
148,257.
148,257.
148,257.
148,257.
-382714
-723600
-839410
-1658516
-144934
25,261.
23,664.
47,637.
5,830,720.
4,569,990.
3,378,209.
3,004,708.
2,648,890.
1,769,358.
1,100,629.
682,548.
0.0
632,000.
431,122.
246,884.
876,653.
692,925.
164,269.
70,039.
1,772,237.
444,433.
505,238.
365,625.
3,181,830.
2,800,632.
2,277,580.
2,322,160.
5,902,934.
4,471,513.
3,162,325.
1,993,691.
2,233,638.
1,408,863.
765,287.
482,427.
1,880,876.
1,069,278.
453,840.
282,416.
260,795.
119,283.
99,760.
132,660.
91,967.
220,302.
211,687.
67,351.
3,669,296.
3,062,650.
2,397,038.
1,511,264.
14,125.
30.
36.
27.
108,866.
18,511.
31,665.
27,252.
1,013.
184,682.
184,144.
122,569.
0.0
0.0
0.0
0.0
124,004.
203,223.
215,845.
149,848.
3,545,292.
2,859,427.
2,181,193.
1,361,416.
437,132.
277,855.
135,665.
57,856.
62,221.
25,474.
9,968.
4,917.
499,353.
303,329.
145,633.
62,773.
0.0
0.0
0.0
0.0
177,970.
132,554.
73,932.
81,354.
677,323.
435,883.
219,565.
144,127.
112,291.
97,227.
90,227.
76,690.
-527197
-419636
-165937
-602998
-458059
-342754
-117678
-821752
45,160.
0.0
0.0
823,319.
45,160.
0.0
0.0
930,274.
45,160.
0.0
0.0
935,483.
45,160.
0.0
0.0
311,771.
-210.94%
-19.37%
-7.76%
-67.63%
73.72%
-.25
-10.14
277.%
-25.11%
-7.67%
-78.63%
69.59%
-.28
-7.59
49.13%
-18.76%
-3.72%
-53.6%
66.33%
-.77
-2.61
77.62%
183.58%
-41.22%
-570.16%
43.55%
-.09
-18.2
2.1%
31.86%
1.15
.99
4.54%
23.91%
1.09
1.02
6.83%
14.35%
1.05
1.07
7.52%
14.17%
.65
1.51
3.68%
4.81
-2.77%
-2.74
-7.58%
-5.3
-53.1%
-23.44
-1.8
.26
-2.71
.33
-7.95
.41
-.38
.13
Security Leasing Corporation Ltd.

2008
Items
592,370.
1.Share capital
475,500.
2.Reserves
118,867.
-1997
4.Others
23,776.
4,961,128.
2,632,668.
1,602,207.
1,027,875.
2,586.
2,328,460.
5,577,274.
3,108,830.
2,302,632.
b.Fixed assets
246,681.
559,517.
2,468,444.
60.
38,634.
4,814.
305,665.
349,173.
2,119,271.
383,218.
58,595.
441,813.
5.Other income
556,615.
998,428.
89,305.
-10039
211,810.
E.Other items
47,550.
2.Cash dividend
9.%
3.Stock dividend
0.0
152,826.
35.76%
-.31%
3.8%
21.21%
44.25%
.42
4.45
G.Liquidity ratios
6.26%
41.29%
1.06
.89
10.62%
12.46
I.Cash flow ratio
94
2012
2009
215,787.
438,028.
118,867.
-341108
22,547.
3,727,834.
1,812,607.
1,157,747.
654,860.
2010
59,449.
438,028.
118,867.
-497446
21,319.
2,668,937.
1,432,902.
1,147,358.
285,544.
0.0
1,915,227.
3,966,168.
2,010,853.
1,222,343.
204,684.
583,826.
1,955,315.
0.0
3,750.
680.
101,354.
105,784.
1,849,531.
321,161.
46,438.
367,599.
0.0 -108625
-60802
198,172.
99,937.
-468114
-357797
1,236,035.
2,749,705.
1,114,513.
494,912.
161,314.
458,287.
1,635,192.
34.
2,517.
1,305.
12,643.
16,499.
1,618,693.
(Thousand Rupees)
2011
310,259.
438,028.
159,867.
-287636
24,830.
1,598,998.
898,338.
665,283.
233,055.
0.0
700,660.
1,934,087.
837,029.
328,129.
145,434.
363,466.
1,097,058.
7,079.
9,110.
22,000.
38,191.
1,058,867.
149,924.
100,876.
21,398.
15,418.
171,322.
116,294.
-49674
-625
8,467.
259,186.
130,115.
374,855.
93,118.
86,112.
-291909
216,731.
-273954
205,845.
2012
422,288.
438,028.
181,867.
-197607
0.0
1,017,039.
590,346.
473,616.
116,730.
0.0
0.0
426,693.
1,439,327.
613,862.
118,134.
136,847.
358,881.
825,465.
2.
12.
4,828.
0.0
10,000.
14,840.
810,625.
62,545.
11,701.
74,246.
-55
169,174.
243,365.
83,379.
115,894.
112,029.
43,802.
0.0
0.0
57,319.
43,802.
0.0
0.0
201,632.
43,802.
0.0
0.0
251,530.
43,802.
0.0
0.0
231,789.
-165.81%
-22.82%
-9.02%
-180.55%
185.49%
-.28
-8.17
-460.82%
-19.28%
-9.96%
-210.55%
131.67%
-.34
-6.25
66.35%
17.57%
10.64%
54.91%
31.02%
.42
4.7
26.53%
11.44%
7.78%
46.03%
30.51%
.74
2.56
2.67%
30.82%
1.02
.94
.6%
18.%
1.32
.97
1.97%
16.97%
1.57
.83
1.03%
8.21%
1.93
.71
5.44%
4.93
2.16%
1.36
16.04%
7.08
29.34%
9.64
-.16
.03
-.74
.16
1.22
.36
2.07
.54
Sigma Corporation Ltd.

2008
Items
331,993.
1.Share capital
300,000.
2.Reserves
61,861.
-29868
4.Others
55,194.
982,953.
479,120.
141,667.
1,739.
335,714.
503,833.
1,370,140.
627,911.
541,329.
b.Fixed assets
85,513.
1,069.
742,229.
58.
73,089.
163,257.
0.0
236,404.
505,825.
123,397.
11,100.
134,497.
0.0
5.Other income
22,261.
156,758.
23,854.
58,147.
54,580.
E.Other items
30,000.
2.Cash dividend
11.%
3.Stock dividend
0.0
377,294.
16.44%
6.71%
3.98%
34.82%
85.8%
.44
1.82
G.Liquidity ratios
17.25%
39.51%
1.47
.72
24.23%
11.07
I.Cash flow ratio
95
2012
(Thousand Rupees)
2009
2010
2011
2012
306,303.
313,321.
334,524.
324,942.
300,000.
300,000.
300,000.
300,000.
61,862.
63,209.
67,424.
0.0
-55559
-49888
-32900
24,942.
40,476.
54,953.
43,823.
45,126.
632,691.
163,218.
133,229.
19,837.
315,918.
70,515.
78,862.
6,263.
33,333.
397.
0.0
0.0
1,077.
39,048.
57,882.
0.0
281,508.
31,070.
20,980.
6,263.
316,773.
92,703.
54,367.
13,574.
979,470.
531,492.
511,576.
389,905.
361,974.
201,727.
176,560.
63,364.
278,688.
119,243.
108,608.
0.0
82,337.
81,654.
67,609.
63,132.
949.
830.
343.
232.
617,496.
329,765.
335,016.
326,541.
67.
65.
57.
2.
97,559.
48,354.
23,317.
69,892.
137,332.
60,118.
213,618.
253,444.
0.0
0.0
0.0
0.0
234,958.
108,537.
236,992.
323,338.
382,538.
221,228.
98,024.
3,203.
84,095.
5,192.
89,287.
0.0
10,540.
99,827.
24,054.
-74417
-486
-67860
43,171.
184.
43,355.
0.0
31,844.
75,199.
24,326.
25,052.
12,236.
-
6,736.
25,052.
17,916.
5,509.
48,477.
7,420.
13,738.
21,077.
12,236.
21,099.
4,297.
37,632.
6,033.
19,310.
12,710.
30,000.
0.0
0.0
325,976.
30,000.
0.0
0.0
210,019.
30,000.
5.%
0.0
109,863.
30,000.
2.5%
0.0
124,985.
-22.15%
-11.23%
-6.93%
-67.98%
89.44%
-.35
-2.26
2.15%
-.11%
1.27%
8.96%
57.65%
3.61
.22
6.3%
3.%
4.12%
43.48%
51.68%
.35
.7
3.91%
5.13%
3.26%
33.77%
32.51%
.47
.42
23.99%
28.45%
1.95
.65
20.42%
22.44%
3.56
.31
46.33%
21.23%
6.16
.26
82.93%
0.0
24.06
.05
31.27%
10.21
58.95%
10.44
65.39%
11.15
83.34%
10.83
-4.8
1.03
31.18
2.27
5.21
2.02
9.83
9.21
Standard Chartered Leasing Ltd.

2008
Items
209,098.
1.Share capital
391,342.
2.Reserves
94,407.
-276651
-853
4.Others
1,543,716.
460,871.
66,667.
285,129.
109,075.
1,082,845.
1,751,961.
811,401.
567,724.
b.Fixed assets
9,618.
234,059.
940,560.
5,040.
14,698.
19,745.
920,815.
150,715.
150,715.
7,493.
5.Other income
23,297.
181,505.
48,561.
-56738
-63262
E.Other items
39,134.
2.Cash dividend
0.0
3.Stock dividend
0.0
605,369.
-30.25%
-8.48%
-3.61%
-34.85%
83.04%
-.77
-1.62
G.Liquidity ratios
1.13%
32.41%
.87
.88
11.94%
5.34
I.Cash flow ratio
96
2012

(Thousand Rupees)
2009
2010
2011
736,138.
778,743.
851,125.
978,354.
978,354.
978,355.
94,408.
102,929.
118,183.
-336624
-302540
-245413
-3893
-3892
-4
1,269,281.
1,580,409.
2,412,764.
304,736.
230,248.
482,311.
0.0
0.0
201,334.
228,521.
482,311.
103,402.
1,727.
964,545.
1,350,161.
1,930,453.
2,001,526.
2,355,260.
3,263,885.
1,292,056.
1,561,028.
2,182,561.
1,043,785.
1,279,678.
1,944,578.
6,734.
3,699.
1,016.
241,537.
277,651.
236,967.
709,470.
794,232.
1,081,324.
7.
7.
32.
5,287.
8,518.
6,778.
5,741.
1,025.
19,400.
0.0
0.0
0.0
11,035.
9,575.
26,185.
698,435.
784,657.
1,055,139.
0.0
141,428.
23,994.
165,422.
0.0
14,464.
179,886.
53,833.
-56552
-59973
206,423.
18,709.
225,132.
1,035.
15,393.
241,560.
70,626.
65,547.
42,606.
2012
900,064.
978,355.
137,755.
-216046
-331
3,813,386.
785,739.
0.0
0.0
7.
0.0
715,819.
69,920.
3,027,647.
4,713,119.
2,891,162.
2,748,159.
1,647.
141,356.
1,821,957.
73.
6,065.
188,540.
0.0
0.0
194,678.
1,627,279.
292,120.
14,756.
306,876.
26.
37,357.
344,259.
81,691.
117,345.
76,274.
438,938.
10,655.
449,593.
84.
41,292.
490,969.
81,255.
177,859.
97,856.
97,835.
97,835.
97,835.
0.0
0.0
5.%
0.0
0.0
0.0
-434775
-220574
-584795
97,835.
8.%
0.0
-874915
-8.15%
-5.45%
-3.%
-33.34%
91.96%
-.9
-.61
5.47%
6.52%
1.81%
17.64%
93.2%
1.66
.44
8.96%
8.8%
2.34%
22.16%
89.14%
1.07
.78
10.87%
10.55%
2.08%
19.93%
91.57%
.83
1.
.55%
52.15%
.74
.63
.41%
54.33%
.59
.67
.8%
59.58%
.56
.74
4.13%
58.31%
.6
.81
36.78%
7.52
33.06%
7.96
26.08%
8.7
19.1%
9.2
7.25
-.45
-5.18
-.16
-7.67
-.3
-8.94
-.29
Financial Statemen
NVESTMENT
B ANKS
The performance of investment banks has deteriorated over the year. Analysis re
balance sheet size squeezed by 35.8 percent in FY12 over FY11. The aggregate
same. Losses before and after tax have been Rs. 2.3 billion and Rs. 2.0 billion re
Gross revenue also witnessed a decrease of 34.3 percent during FY12.
NALYSIS OF SHAREHOLDERS EQUITY
Total shareholders
equity
(TE) at Rs 3.1 billion
in FY11 shrank to Rs 1.6 billion in FY12
reflecting a decrease of 49.1 percent in FY12
over FY11. Share Capital (SC) remained at Rs
8.8 billion both in FY11 and FY12.
A
NALYSIS OF LIABILITIES
Total liabilities witnessed a decline of 34.1 percent from Rs 21.5 billion in FY11 to
FY12. Share Composition of current and non-current liabilities to total liabilities w

percent respectively in FY12 as against 82.8 and 17.2 percent in FY11. Current li
33.9 percent to reach Rs 11.8 billion in FY12.
NALYSIS OF ASSETS
Total assets declined by 35.8 percent during

FY12. In absolute terms they decreased from Rs
24.4 billion in FY11 to Rs 15.7 billion in FY12.
Total current assets at Rs 19.5 billion in FY11
decreased to Rs 11.4 billion in FY12, showing a
decrease of 41.4 percent. Cash and bank
balances at Rs 0.5 billion in FY12, reflected an

increase of 39.6 percent over FY11. Other current assets at Rs 10.9 billion in FY1
of 42.9 percent over FY11.
2012
orated over the year. Analysis revealed that their

FY12 over FY11. The aggregate share capital remained
s. 2.3 billion and Rs. 2.0 billion respectively in FY12.

3 percent during FY12.
Shareholders' Equity
FY 11
FY 12
10.
5.
Growth%
0.0
0.0
Billion Rs.
-5.
-10.
20.%
0.0
.07%
-20.%
TE
SC
RV
UPL
-49.%
-60.%
nt from Rs 21.5 billion in FY11 to Rs 14.1 billion in
rrent liabilities to total liabilities was 83.1 and 16.9

d 17.2 percent in FY11. Current liabilities decreased by
Current Assets
30.
19.5
19.1
20.
11.4
Billion Rs.
10.9
10.
0.3 0.5
0.0
Current Assets Cash & Bank
(CA)
Bal.
FY 11
FY 12
nt assets at Rs 10.9 billion in FY12, showed a decrease
97
Other CA
-31% -40%
Financial Statemen
Total non-current assets at Rs 4.3

billion in FY12 showed a
decrease of 13.8 percent over
FY11. The main constituent
6.
5.
4.
long-term investment has been

25.9 percent of non-current
3.
Billion Rs.
assets in FY12. Long-term

investments at Rs 1.1 billion in
FY12 decreased by 10.5 percent
1.
0.0
from Rs 1.2 billion in FY11.
Fixed assets in investment banks have been around Rs 0.9 billion both in FY11 a
P
Gross revenue at Rs 1.5 billion in

FY12 decreased by 34.3 percent
from Rs 2.3 billion in FY11. The
administrative and
2.
1.
0.0
Billion Rs.
-2.
3.
operating
expenses showed a decrease of

18.3 percent in FY12. Operating
profit declined by 34.0 percent
from Rs 935.9 million in FY11

-3.
to Rs 618.0 million in FY12. Finance cost decreased by 25.2 percent to reach Rs
from Rs 2.0 billion in FY11. Losses of investment banks before and after taxes we
Rs 2.0 billion respectively in FY12.
Return on equity (ROE), return
on capital employed (ROCE),
return on assets (ROA) and
return
on
revenue
remained in the negative zone
(ROR)
-129.2%
both in FY11 and FY12.

-140.%
Non- Current Assets

FY 11
FY 12
5.
4.3
4.%
2.8
-10.%
2.
-14.% 0.9 0.9
1.2 1.1
Non-Current Fixed Assets Long Trem Other NCA

Assets
Invt.
und Rs 0.9 billion both in FY11 and FY12.

FY 11
FY 12
2.3 -34% -18%
-34.%
1.5 1.0 0.8
-1. GR
AMIN
2.
-25.%
0.9 0.6
1.5
OP
FC
PBT
-204.%
-.8
-2.3
sed by 25.2 percent to reach Rs 1.5 billion in FY12
t banks before and after taxes were Rs 2.3 billion and
-36.9%
-69.3%
-27.9%
-120.%
FY 12
98
-100.%
-80.%
FY 11
-60.%
-40.%
Poly. (FY 11)
2012
Growth%
10.%
5.%
0.0
-5.%
-10.%
-15.%
-20.%
-25.%
2.2
-21.%
Growth%
0.0
-50.%
-135.%
-100.%
-150.%
-200.%
PAT
-.9
-2.
-250.%
-13.4% ROR
-3.8% ROA
-12.9%
ROCE
-11.9%
ROE
-20.%
Poly. (FY 12)
0.0
Investment Banks - Overall

2008
Items
9,526,688.
1.Share capital
7,625,153.
2.Reserves
1,752,876.
3.Unappropriated profit/loss
148,659.
-711925
4.Others
B.Total liabilities (B1 + B2)
45,556,092.
33,856,343.
2.Non-current liabilities
11,699,749.
C.Total assets (C1+C2)
54,370,855.
1.Current assets (a + b)
38,590,037.
a.Cash and banks balances
1,792,740.
b.Other current assets
36,797,297.
15,780,818.
a.Fixed assets
1,651,142.
b.Long-term investments
9,118,257.
c.Other non-current assets
5,011,419.
1.Gross revenue
6,599,385.
2.Administartive & operating expenses
1,914,881.
3.Operating profit
4,545,526.
4.Finance cost
2,977,616.
694,271.
934,899.
E.Other items
1.No. of shares
676,615.
2.Cash dividend
N/A
N/A
-1530066
9.81%
3.38%
1.72%
14.17%
5.Operating expenses to net income (D2/D6)
204.82%
1.38
G.Liquidity ratios
1.14
.84
3.Long term investment to total assets (C2b/C)
16.77%
17.52%
14.08
I.Cash flow ratio
99
2012
2009
3,861,474.
9,472,352.
-839614
-4771264
-135740
32,722,638.
22,467,310.
10,255,328.
36,448,372.
22,359,537.
879,937.
21,479,600.
14,088,835.
2,357,479.
3,765,840.
7,965,516.
2010
3,956,573.
8,809,385.
-892104
-3960708
-69578
22,647,951.
17,502,134.
5,145,817.
26,534,946.
18,320,595.
627,788.
17,692,807.
8,214,351.
1,089,410.
2,971,874.
4,153,067.
(Thousand Rupees)
2011
2012
3,075,435.
1,565,563.
8,809,385.
8,809,385.
-858319
-857760
-4875631
-6386062
-105833
-24817
21,456,241. 14,141,973.
17,765,603. 11,751,023.
3,690,638.
2,390,950.
24,425,843. 15,682,719.
19,454,866. 11,397,705.
346,509.
483,765.
19,108,357. 10,913,940.
4,970,977.
4,285,014.
893,086.
932,697.
1,240,489.
1,110,823.
2,837,402.
2,241,494.
2,808,171.
2,862,407.
2,323,809.
1,529,708.
998,055.
1,493,077.
1,019,462.
833,207.
1,810,116.
1,369,330.
935,914.
617,994.
3,259,862.
2,235,220.
2,000,693.
1,495,781.
-5043689
-1885521
-771710
-2347083
-4063536
-1343741
-859567
-2022878
857,235.
880,939.
880,940.
880,939.
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-992255
3,104,579. -205553
11,644.
-105.23%
-36.08%
-11.15%
-144.7%
-24.56%
-4.74
-33.96%
-20.87%
-5.06%
-46.94%
-111.11%
-1.53
-27.95%
-11.59%
-3.52%
-36.99%
-118.6%
-.98
-129.21%
-59.7%
-12.9%
-132.24%
-41.19%
-2.3
1.
.9
10.33%
1.05
.85
11.2%
1.1
.88
5.08%
.97
.9
7.08%
10.59%
4.5
14.91%
4.49
12.59%
3.49
9.98%
1.78
.24
-2.31
.24
-.01
Escorts Investment Bank Ltd.

2008
Items
851,850.
1.Share capital
441,000.
2.Reserves
154,050.
256,800.
-3533
4.Others
5,648,593.
4,737,057.
911,536.
6,496,910.
5,394,443.
306,542.
5,087,901.
1,102,467.
a.Fixed assets
135,383.
556,374.
410,710.
1.Gross revenue
804,919.
238,319.
3.Operating profit
566,600.
4.Finance cost
201,267.
94,512.
137,817.
E.Other items
1.No. of shares
44,100.
2.Cash dividend
20.%
0.0
259,937.
16.18%
5.37%
2.12%
17.12%
172.92%
3.13
G.Liquidity ratios
1.14
.87
8.56%
13.11%
19.32
I.Cash flow ratio
100
2012
(Thousand Rupees)
2009
2010
2011
2012
597,403.
366,292.
304,107.
268,703.
441,000.
441,000.
441,000.
441,000.
154,050.
154,050.
154,050.
154,050.
-290943
-326347
2,353. -228758
7,269.
6,824. -2499
31,067.
1,502,971.
1,289,870.
1,854,696.
1,699,759.
971,888.
866,129.
1,736,893.
1,462,806.
531,083.
423,741.
117,803.
236,953.
2,107,643.
1,662,986.
2,156,304.
1,999,529.
1,108,243.
851,787.
1,723,184.
1,567,758.
19,478.
19,508.
26,434.
48,339.
1,088,765.
832,279.
1,696,750.
1,519,419.
999,400.
811,199.
433,120.
431,771.
106,581.
90,658.
82,481.
109,504.
544,938.
530,943.
157,234.
100,994.
347,881.
189,598.
193,405.
221,273.
356,524.
182,339.
226,765.
249,454.
141,833.
91,007.
85,905.
71,410.
214,691.
91,332.
140,860.
178,044.
92,854.
32,358.
76,167.
126,126.
-64410
-44359
3,803. -111835
-166247
-115298
-62185
35,404.
44,100.
0.0
0.0
-124831
44,100.
0.0
0.0
188,243.
44,100.
0.0
0.0
134,072.
44,100.
0.0
0.0
3,184.
-27.83%
.33%
-7.89%
-46.63%
-85.31%
-3.77
-31.48%
-14.03%
-6.93%
-63.23%
-78.93%
-2.61
-20.45%
-15.36%
-2.88%
-27.42%
-138.14%
-1.41
13.18%
-8.26%
1.77%
14.19%
201.7%
.8
1.14
.71
25.86%
.98
.78
31.93%
.99
.86
7.29%
1.07
.85
5.05%
28.34%
13.55
22.03%
8.31
14.1%
6.9
13.44%
6.09
.75
-1.63
-2.16
.09
First Credit and Investment Bank

2008
Items
557,982.
1.Share capital
400,000.
2.Reserves
114,558.
43,424.
-7800
4.Others
1,179,071.
1,089,771.
89,300.
1,729,253.
1,000,427.
13,969.
986,458.
728,826.
a.Fixed assets
9,730.
629,687.
89,409.
1.Gross revenue
178,306.
39,328.
3.Operating profit
0.0
4.Finance cost
102,461.
24,923.
16,038.
E.Other items
1.No. of shares
44,100.
2.Cash dividend
0.0
0.0
-12572
2.87%
3.9%
.93%
8.99%
245.22%
.36
G.Liquidity ratios
.92
.68
36.41%
32.27%
12.65
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D6) (times) -.78
101
2012
(Thousand Rupees)
2009
2010
2011
2012
808,568.
816,442.
727,979.
656,782.
650,000.
650,000.
650,000.
650,000.
116,089.
117,663.
117,663.
117,663.
-110881
42,479.
48,779. -39684
-22388
-14967
-12587
-19447
1,014,317.
663,249.
802,483.
583,742.
1,014,217.
533,249.
594,358.
449,542.
100.
130,000.
208,125.
134,200.
1,800,497.
1,464,724.
1,517,875.
1,221,077.
835,328.
621,476.
699,191.
504,156.
31,469.
18,898.
8,598.
4,514.
803,859.
602,578.
690,593.
499,642.
965,169.
843,248.
818,684.
716,921.
6,943.
4,461.
12,072.
13,025.
788,163.
786,088.
676,605.
560,575.
170,063.
52,699.
130,007.
143,321.
214,296.
46,240.
168,056.
106,488.
12,751.
7,655.
164,282.
137,804.
139,198.
49,064.
49,177.
49,027.
115,218.
88,627.
90,171.
81,280.
92,344.
91,041.
-85113
5,015. -136419
-71197
7,874. -88462
65,000.
0.0
0.0
388,496.
65,000.
65,000.
0.0
0.0
0.0
0.0
351,427. -115855
65,000.
0.0
0.0
144,075.
.95%
1.62%
.43%
3.57%
604.05%
.12
.96%
.54%
.54%
4.79%
623.11%
.12
-12.15%
-14.77%
-5.83%
-64.19%
-55.59%
-1.36
-10.84%
-11.03%
-5.83%
-51.15%
-68.86%
-1.1
.82
.56
43.77%
1.17
.45
53.67%
1.18
.53
44.58%
1.12
.48
45.91%
44.91%
12.44
55.74%
12.56
47.96%
11.2
53.79%
10.1
50.75
44.63
1.31
-2.02
First Dawood Investment Bank Ltd.

2008
Items
1,778,996.
1.Share capital
569,539.
2.Reserves
1,024,030.
185,427.
4.Others
0.0
9,285,199.
7,102,703.
2,182,496.
11,064,195.
8,667,974.
33,756.
8,634,218.
2,396,221.
a.Fixed assets
62,028.
1,064,499.
1,269,694.
1.Gross revenue
1,468,881.
97,377.
3.Operating profit
1,371,504.
4.Finance cost
980,004.
36,112.
113,655.
E.Other items
1.No. of shares
56,954.
2.Cash dividend
0.0
10.%
-256868
.06%
.01%
.01%
.08%
.86%
2.
G.Liquidity ratios
1.22
.84
.1%
.16%
31.24
I.Cash flow ratio
102
2012
(Thousand Rupees)
2009
2010
2011
2012
-403246
688,563.
615,906.
210,885.
626,493.
1,342,326.
1,342,326.
1,342,326.
258,210.
333,745.
333,745.
333,745.
-1287949
-987508
-1060165
-1465186
-115445
-67871
-24762
-9988
5,655,107.
2,527,415.
1,233,747.
952,970.
4,339,578.
1,309,872.
656,529.
669,075.
1,315,529.
1,217,543.
577,218.
283,895.
5,136,416.
3,148,107.
1,824,891.
1,153,867.
3,444,409.
2,291,378.
1,298,387.
684,799.
194,340.
146,587.
114,052.
139,860.
3,250,069.
2,144,791.
1,184,335.
544,939.
1,692,007.
856,729.
526,504.
469,068.
85,681.
9,432.
69,471.
7,487.
410,190.
22,961.
163,947.
186,929.
1,196,136.
824,336.
293,086.
274,652.
235,222.
94,049.
141,173.
1,128,269.
-1807575
-1791422
292,791.
192,259.
14,730.
99,623.
88,027.
84,482.
193,168.
104,232. -69752
123,891.
18,403.
4,875.
234,253.
12,905. -408083
-376388
377,676. -44024
62,649.
0.0
0.0
-485352
134,233.
0.0
0.0
1,190,133.
134,233.
0.0
0.0
320,540.
134,233.
0.0
0.0
99,447.
444.25%
-226.84%
-34.88%
-761.59%
-5.25%
-28.59
54.85%
12.74%
12.%
128.99%
26.38%
2.81
-7.15%
1.1%
-2.41%
-22.9%
-199.95%
-.33
-178.48%
-84.18%
-32.62%
-2,555.25%
-22.45%
-2.8
.79
1.1
7.99%
1.75
.8
.73%
1.98
.68
8.98%
1.02
.83
16.2%
-7.85%
-6.44
21.87%
5.13
33.75%
4.59
18.28%
1.57
.27
3.15
-7.28
-.26
IGI Investment Bank Ltd.

2008
Items
2,244,315.
1.Share capital
2,121,025.
2.Reserves
136,831.
-13541
-62069
4.Others
7,649,150.
6,040,538.
1,608,612.
9,831,396.
6,997,249.
849,863.
6,147,386.
2,834,147.
a.Fixed assets
112,052.
2,310,472.
411,623.
1.Gross revenue
764,137.
234,108.
3.Operating profit
530,029.
4.Finance cost
571,086.
-45637
-6386
E.Other items
1.No. of shares
212,102.
2.Cash dividend
0.0
0.0
-368225
-.28%
-1.2%
-.06%
-.84%
-3,665.96%
-.03
G.Liquidity ratios
1.16
.78
23.5%
22.83%
10.58
I.Cash flow ratio
103
2012
(Thousand Rupees)
2009
2010
2011
2012
1,869,229.
1,383,636.
1,112,063.
1,158,179.
2,121,025.
2,121,025.
2,121,025.
2,121,025.
136,831.
115,145.
115,145.
115,145.
-388627
-852534
-1124107
-1077991
-1767
-38096
-55489
-37372
4,681,192.
7,170,566.
8,258,383.
3,259,742.
3,991,601.
6,552,288.
7,799,232.
2,867,370.
689,591.
618,278.
459,151.
392,372.
6,548,654.
8,516,106.
9,314,957.
4,380,549.
4,018,714.
6,433,626.
8,673,144.
3,527,189.
112,664.
216,618.
138,606.
182,851.
3,906,050.
6,217,008.
8,534,538.
3,344,338.
2,529,940.
2,082,480.
641,813.
853,360.
88,449.
188,030.
151,764.
151,837.
1,293,943.
1,392,615.
22,932.
26,179.
1,147,548.
501,835.
467,117.
675,344.
769,368.
1,047,236.
923,231.
609,533.
208,593.
423,043.
380,537.
287,174.
560,775.
624,193.
545,694.
322,359.
643,352.
705,419.
873,001.
565,336.
-450654
-399790
-208767
-806437
-271618
-603884
375,086. -164268
212,102.
0.0
0.0
157,909.
212,102.
212,103.
212,103.
0.0
0.0
0.0
0.0
0.0
0.0
-494834
676,242. -622551
20.07%
-17.62%
5.73%
48.75%
55.61%
1.77
-11.87%
-20.36%
-1.93%
-15.69%
-257.53%
-.77
-24.42%
-13.77%
-2.92%
-29.42%
-140.1%
-1.28
-52.14%
-53.29%
-13.79%
-99.07%
-47.55%
-2.85
1.01
.71
19.76%
.98
.84
16.35%
1.11
.89
.25%
1.23
.74
.6%
28.54%
8.81
16.25%
6.52
11.94%
5.24
26.44%
5.46
.42
-4.12
2.29
.82
Invest Capital Investment Bank Ltd.

2008
Items
380,238.
1.Share capital
746,424.
-347924
2.Reserves
-18262
4.Others
190,476.
1,457,526.
1,456,235.
1,291.
2,028,240.
1,646,427.
59,435.
1,586,992.
381,813.
a.Fixed assets
159,020.
189,738.
33,055.
1.Gross revenue
298,511.
211,663.
3.Operating profit
86,848.
4.Finance cost
88,794.
-4521
-19468
E.Other items
1.No. of shares
74,642.
2.Cash dividend
0.0
0.0
-380013
-.05%
-.01%
-.01%
-.07%
-10.87%
-.26
G.Liquidity ratios
1.13
.72
.09%
.19%
5.09
I.Cash flow ratio
104
2012
2009
2010
853,716.
214,273.
2,727,669.
2,848,669.
-2022076
-2022076
148,123. -612320
144,871.
17,189.
6,848,396.
4,841,876.
4,779,208.
3,896,071.
2,069,188.
945,805.
7,846,983.
5,073,338.
5,073,978.
3,686,464.
248,332.
75,318.
4,825,646.
3,611,146.
2,773,005.
1,386,874.
946,976.
463,409.
175,439.
128,543.
1,650,590.
794,922.
(Thousand Rupees)
2011
2012
-299028
-289723
2,848,669.
2,848,669.
-2022076
-2022076
-1125621
-1116316
9,259.
9,258.
3,677,196.
2,468,157.
2,997,097.
1,991,616.
680,099.
476,541.
3,387,427.
2,187,692.
2,531,467.
1,671,211.
15,341.
62,199.
2,516,126.
1,609,012.
855,960.
516,481.
310,817.
199,006.
112,882.
84,906.
432,261.
232,569.
126,349.
636,391.
215,467.
-239922
612,798.
228,676.
366,271.
23,593. -13209
-60849
561,067.
325,595.
-435909
175,970. -717297
-436621
165,350. -761121
190,148.
156,939.
33,209.
110,536.
10,982.
9,305.
272,767.
0.0
0.0
374,906.
284,867.
0.0
0.0
554,605.
284,867.
284,867.
0.0
0.0
0.0
0.0
105,597. -123566
19.37%
5.74%
2.11%
130.87%
-145.1%
.61
-355.21%
-60.93%
-15.%
-119.6%
-80.51%
-2.67
146.01%
-111.68%
-12.89%
-202.64%
-52.37%
-1.53
-3.21%
5.6%
.43%
4.89%
1,686.61%
.03
1.06
.87
2.24%
.95
.95
2.53%
.84
1.09
3.33%
.84
1.13
3.88%
10.88%
3.13
4.22%
.75
-8.83%
-1.05
-13.24%
-1.02
2.27
-.73
-.24
-13.28
Security Investment Bank Ltd.

2008
Items
680,706.
1.Share capital
514,336.
2.Reserves
139,650.
26,720.
-376279
4.Others
627,119.
620,833.
6,286.
931,546.
699,235.
26,255.
672,980.
232,311.
a.Fixed assets
4,919.
151,220.
76,172.
1.Gross revenue
192,045.
31,435.
3.Operating profit
160,610.
4.Finance cost
0.0
26,828.
26,619.
E.Other items
1.No. of shares
51,434.
2.Cash dividend
0.0
0.0
-27543
.04%
.09%
.03%
.14%
1.18%
.52
G.Liquidity ratios
1.13
.67
.16%
.73%
13.24
I.Cash flow ratio
105
2012
(Thousand Rupees)
2009
2010
2011
2012
488,012.
511,929.
518,022.
522,279.
514,336.
514,336.
514,336.
514,336.
139,650.
141,611.
142,123.
142,682.
-165974
-144018
-138437
-134739
-37333
-45313
-47431
-17708
508,819.
296,883.
392,895.
390,455.
500,880.
296,883.
392,895.
390,455.
7,939.
0.0
0.0
0.0
959,498.
763,499.
863,486.
895,026.
738,195.
632,472.
738,640.
776,810.
28,117.
7,664.
14,180.
35,530.
710,078.
624,808.
724,460.
741,280.
221,303.
131,027.
124,846.
118,216.
3,630.
1,813.
1,749.
1,496.
151,141.
51,062.
50,983.
86,904.
66,532.
78,152.
72,114.
29,816.
64,289.
27,399.
36,890.
0.0
-202728
-192693
88,186.
33,842.
54,344.
45,637.
8,708.
13,204.
68,048.
32,112.
35,936.
29,409.
6,526.
6,093.
85,279.
32,910.
52,369.
48,098.
4,272.
4,256.
51,434.
51,434.
51,434.
0.0
0.0
0.0
0.0
0.0
0.0
-31171
-168174
-41234
51,434.
0.0
0.0
11,708.
-39.49%
-44.2%
-20.08%
-299.73%
-14.22%
-3.75
2.58%
1.87%
1.73%
14.97%
256.3%
.26
1.18%
1.39%
.71%
8.95%
527.03%
.12
.81%
.85%
.48%
4.99%
773.26%
.08
1.47
.53
15.75%
2.13
.39
6.69%
1.88
.46
5.9%
1.99
.44
9.71%
50.86%
9.49
67.05%
9.95
59.99%
10.07
58.35%
10.15
.16
-12.74
-6.77
2.75
Trust Investment Bank Ltd.

2008
Items
1,095,609.
1.Share capital
585,529.
2.Reserves
267,758.
242,322.
-270341
4.Others
7,106,813.
4,776,224.
2,330,589.
7,932,081.
3,510,993.
93,289.
3,417,704.
4,421,088.
a.Fixed assets
157,284.
3,420,843.
842,961.
1.Gross revenue
949,051.
193,656.
3.Operating profit
755,395.
4.Finance cost
538,473.
66,124.
149,783.
E.Other items
1.No. of shares
58,553.
2.Cash dividend
0.0
0.0
-1211474
13.67%
2.1%
1.89%
15.78%
129.29%
2.56
G.Liquidity ratios
.74
.9
43.13%
13.81%
18.71
I.Cash flow ratio
106
2012
(Thousand Rupees)
2009
2010
2011
2012
380,731. -24562
96,386. -961542
585,529.
892,029.
892,029.
892,029.
267,759.
267,758.
301,031.
301,031.
-472557
-1184349
-1096674
-2154602
-220625
72,656.
27,676.
19,373.
6,315,225.
5,858,092.
5,236,841.
4,787,148.
4,243,904.
4,047,642.
3,588,599.
3,920,159.
2,071,321.
1,810,450.
1,648,242.
866,989.
6,475,331.
5,906,186.
5,360,903.
3,844,979.
4,277,208.
3,803,392.
3,790,853.
2,665,782.
158,792.
143,195.
29,298.
10,472.
4,118,416.
3,660,197.
3,761,555.
2,655,310.
2,198,123.
2,102,794.
1,570,050.
1,179,197.
110,710.
331,607.
264,732.
450,342.
162,976.
59,662.
55,906.
64,336.
1,924,437.
1,711,525.
1,249,412.
664,519.
694,857.
451,182.
173,142.
183,700.
521,715.
267,482.
875,119.
685,568.
-976389
-904575
-715226
-701808
560,235.
241,366.
155,028.
151,265.
33,774.
11,594.
585,774.
549,769.
54,364. -1018345
37,250. -1020374
58,553.
0.0
0.0
660,426.
89,203.
0.0
0.0
312,103.
89,203.
0.0
0.0
13,878.
89,203.
0.0
0.0
371,630.
-187.86%
-43.76%
-11.05%
-102.93%
-24.21%
-12.22
2,857.29%
-48.67%
-11.88%
-155.55%
-26.18%
-7.87
38.65%
3.07%
.69%
6.65%
416.18%
.42
106.12%
1,354.54%
-26.54%
-422.75%
-14.82%
-11.44
1.01
.98
2.52%
.94
.99
1.01%
1.06
.98
1.04%
.68
1.25
1.67%
5.88%
6.5
-.42%
-.28
1.8%
1.08
-25.01%
-10.78
-.92
-.44
.37
-.36
UTUAL UNDS
F
ERFORMANCE AT A
(C
G
LANCE
Balance sheet size of Mutual Funds contracted by 6.1 percent in FY12 over FY
decreased from Rs. 25.9 billion in FY11 to Rs. 24.3 billion in FY12. Net income w
FY12 as compared to Rs. 4.3 billion in FY11.
A
NALYSIS OF B
ALANCE HEET OMPONENTS
Total equity of mutual funds witnessed a

decrease of Rs. 1.8 billion or 8.6 percent
in FY12 over FY11. Total assets
decreased from Rs. 25.9 billion in FY11
to Rs. 24.3 billion in FY12 showing a
decrease of 6.1 percent over FY11.
Analysis revealed that around 86.8
percent of total assets was in form of
investments as compared to 90.6 percent
in FY11.
Certificate holders
equity
6.7 percent and reserves by 22.4 percent
in FY12 over FY11.Cash and bank
balances increased from Rs. 1.8 billion in
FY11 to Rs. 2.3 billion in FY12,
registering an increase of 23.4 percent
over FY11. Investment decreased from
Rs. 23.4 billion in FY11 to Rs. 21.1

billion in FY12.Certificate holders equity
decreased from Rs. 19.3 billion in FY11 to Rs. 18.0 billion in FY12.The two other
equity
reserves
and un
-appropriated loss also deterioate
decreased from Rs. 2.1 billion in FY11 to Rs. 1.6 billion in FY12; a decrease of ar
Un-appropriated loss witnessed an increase of about 2.4 percent in FY12 over FY
LOSE NDED
E
by 6.1 percent in FY12 over FY11. Total assets
4.3 billion in FY12. Net income was Rs. 2.6 billion in

30
25
20
15
10
5
0
Billion Rs.
-900.%
Total Equity
FY 11
FY 12
Growth
Total
Liabilities
20.7
18.9
-900.%
declined by
.6
.8
3,500.%
Major Components of Assets

30.
25.
.6
.9
23.4
21.1
1.8
2.3
20.
15.
Billion Rs.
10.
5.
0.0
FY 11
8.0 billion in FY12.The two other components of

appropriated loss also deterioated during the year
under review. Reserves
billion in FY12; a decrease of around 22.4 percent.
bout 2.4 percent in FY12 over FY11.
107
FY 12
2012
of Financial Sector
of Balance Sheet
3,500.%
-600.%
5,000.%
2,000.%
-1,000.%
-4,000.%
-7,000.%
-10,000.%
Total Assets
25.9
24.3
-600.%
onents of Assets
others
Investments
Cash & Bank Bal.
NALYSIS OF P
ROFITABILITY
On income side, total income

decreased from Rs. 5.0 billion in
Billion Rs.
FY11 to Rs.3.3 billion in FY12,

registering a decrease of around 34.7
percent. Income has mainly been
generated through dividend income
FY 11
FY 12
Growth
and capital gains.Dividend income

which was Rs. 1.4 billion in FY11
decreased to Rs. 1.3 billion in FY12.
1.
.5
During FY12, 65.5 percent of totalBillion Rs.

expenses constituted remuneration to
management/
investment adviser
0.0
Others
while in FY11 it was around 73.0

percent. Return on assets (ROA) 10,000.%
decreased in FY12 to 10.67 percent9,000.%
8,000.%
7,000.%
as compared to 16.71 percent in

6,000.%
5,000.%
FY11. Return on revenue (ROR) also

4,000.%
3,000.%
decreased from 86.20 percent in

2,000.%
1,000.%
FY11 to 79.24 percent in FY12.

0.0%
108
2012
Major Sources of Income

0.0%
-500.%
-1,000.%
-1,500.%
-2,000.%
-2,500.%
-3,000.%
-3,500.%
-4,000.%
-4,500.%
-50% -50%
6.
-800.%
-1,500.%
5.
4.
3.
2. -3,500.%
1.
0.0 Total
Income
Interest
Income
5.
3.3
-3,500.%
Dividend
Income
.5
.5
-1,500.%
Other
Income
1.4
1.3
-800.%
3.1
1.6
-5,000.%
Composition of Expenses
.02
.14
.03
.18
.54
.48
FY 11
FY 12
Admin. & General Expenses
Management Co. Fee
Profitability/Efficiency Ratios
86.2%
79.2%
73.%
65.5%
FY 11
FY 12
16.7% 10.7%
ROR
ROA
MER
Mutual Fund Companies - Overall

Items
1.Certificate holders equity
2.Reserves
4.Others
1.Payable to investment advisor
2.Others
C.Total assets (C1 to C3)
1.Cash & bank balances
2.Investments
3.Others
1.Income (a to g)
a.Markup/interest income
b.Dividend income
c.Income from future transactions
d.Net gain on sale of investments
e.Net unrealized gain/(loss) on investment
f.Capital gain
g.Other income
E.Total expense (E1 to E5)
1.Remuneration to management co-advisor
2.Remuneration to trustees/custodians
3.Brokerage-commission /fee
4.Administrative and general expenses
5.Other
F.Net income for the year (D1-E)
G.Other items
1.No. of units (000)
2.Cash dividend
H.Efficiency ratios/profitability ratios
1.Gain ratio (D1c to D1g)/D1
2.Trading income (D1c/D1)
3.Return on revenue (ROR) (F/D1)
4.Return on assets (ROA) (F/C)
5.Management expenses (E1/E)
6.Net assets value per share (A1/G1)
7.Earning per share (F/G1)
I.Liquidity ratios
1.Cash & cash equivalent to total assets (C1/C)
J.Capital /leverage ratios
Shareholders equity to total assets (A1/C)
K.Cash flow ratio
Cash generated from operating activities to net income (G4/F) (time)
2008
44,087,199.
31,455,897.
3,853,662.
8,777,640.
5,162,631.
607,003.
148,037.
458,966.
49,856,833.
5,340,247.
43,359,823.
1,156,763.
1,518,537.
781,834.
1,758,182.
-15000
2,066,257.
-3376571
267,513.
36,322.
1,449,582.
1,141,061.
45,480.
36,584.
201,774.
24,683.
68,955.
3,205,297.
N/A
N/A
-2120718
-67.27%
-.99%
4.54%
.14%
78.72%
9.81
.02
10.71%
1.22%
63.09%
-30.76
109
2012
(Thousand Rupees)
2009
2010
2011
2012
26,147,432. 25,501,548. 20,702,164. 18,915,952.
30,670,643. 27,991,275. 19,278,186. 17,982,787.
1,470,976.
2,010,049.
2,116,202.
1,641,820.
-5994187
-4499776
-692224
-708655
4,310,912.
4,653,700.
4,587,609.
4,597,282.
510,262.
1,041,484.
566,053.
764,055.
109,447.
1,305,019.
47,052.
51,268.
400,815. -263535
519,001.
712,787.
30,968,606. 31,196,732. 25,855,826. 24,277,289.
3,898,511.
2,680,736.
1,847,173.
2,279,109.
25,980,030. 26,820,367. 23,432,320. 21,073,678.
1,090,065.
1,695,629.
576,333.
924,502.
-12401221
4,071,221.
5,012,055.
3,270,507.
833,365.
828,552.
548,862.
464,914.
1,566,546.
1,180,212.
1,363,218.
1,253,632.
3,566.
0.0
0.0
0.0
-4529115
935,685.
920,399.
412,914.
-5888409
-1360940
461,407.
413,257.
-4045573
2,463,123.
1,734,608.
775,138.
-341601
-49348
24,589. -16439
1,593,046.
1,073,612.
691,772.
678,986.
684,830.
664,963.
505,178.
444,878.
33,104.
31,607.
23,752.
22,288.
11,325.
16,462.
8,794.
8,613.
847,159.
336,536.
135,573.
175,333.
16,628.
24,044.
18,475.
27,874.
-13994267
2,997,609.
4,320,283.
2,591,521.
3,143,114.
2,872,868.
2,003,867.
1,874,328.
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-632206
1,321,816.
1,105,290.
2,738,095.
119.35%
-.03%
112.85%
-45.19%
42.99%
9.76
-4.45
50.66%
0.0
73.63%
9.61%
61.94%
9.74
1.04
61.85%
0.0
86.2%
16.71%
73.03%
9.62
2.16
47.45%
0.0
79.24%
10.67%
65.52%
9.59
1.38
12.59%
1.65%
8.59%
3.34%
7.14%
2.19%
9.39%
3.15%
99.04%
89.73%
74.56%
74.07%
.05
.44
.26
1.06
Asian Stocks Fund Ltd.

Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
795,973.
900,000.
17,795.
-121822
0.0
14,883.
1,493.
13,390.
810,856.
26,068.
748,744.
36,044.
35,503.
0.0
25,558.
0.0
-2050
0.0
0.0
11,995.
25,732.
17,799.
0.0
0.0
4,616.
3,317.
9,771.
90,000.
0.0
0.0
-186085
28.01%
0.0
27.52%
1.21%
69.17%
10.
.11
3.21%
1.84%
110.99%
-19.04
110
2012
(Thousand Rupees)
2009
2010
2011
2012
488,553.
634,569.
645,077.
745,644.
900,000.
900,000.
900,000.
900,000.
-62351
0.0
0.0
0.0
-349096
-265431
-254923
-154356
0.0
0.0
0.0
0.0
2,027.
5,160.
2,545.
3,070.
838.
1,050.
1,089.
1,445.
1,189.
4,110.
1,456.
1,625.
490,580.
639,729.
647,622.
748,714.
2,805.
97,700.
2,923.
59,586.
485,037.
536,162.
635,911.
682,761.
2,738.
5,867.
8,788.
6,367.
-138533
101,444.
0.0
11,488.
22,062.
15,503.
0.0
0.0
-162473
116,881.
0.0 -42429
0.0
0.0
1,878.
1.
77,166.
20,354.
10,744.
13,101.
699.
656.
0.0
0.0
65,490.
6,580.
233.
17.
-215699
81,090.
101,012.
12,669.
26,510.
0.0
42,745.
19,065.
0.0
23.
16,704.
13,179.
601.
1,216.
1,708.
0.0
84,308.
177,934.
3,437.
37,033.
0.0
27,078.
110,386.
0.0
0.0
17,967.
14,485.
634.
1,347.
1,501.
0.0
159,967.
90,000.
90,000.
8.2%
6.6%
0.0
0.0
94,895. -94777
90,000.
6.%
0.0
56,663.
115.93%
0.0
155.7%
-43.97%
13.92%
10.
-2.4
73.39%
0.0
79.94%
12.68%
64.37%
10.
.9
61.21%
0.0
83.46%
13.02%
78.9%
10.
.94
77.26%
0.0
89.9%
21.37%
80.62%
10.
1.78
.57%
.41%
15.27%
.81%
.45%
.39%
7.96%
.41%
183.46%
140.68%
138.97%
120.21%
.11
1.17
-1.12
.35
90,000.
0.0
0.0
-24263
Atlas Fund of Funds

Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
592,196.
525,000.
0.0
67,196.
0.0
8,298.
2,314.
5,984.
600,494.
76,653.
512,303.
11,538.
45,705.
10,961.
49,212.
0.0
9,327.
-23795
0.0
0.0
17,784.
14,303.
958.
839.
1,684.
0.0
27,921.
52,500.
0.0
0.0
34,852.
-31.66%
0.0
61.09%
4.65%
80.43%
10.
.53
12.76%
1.38%
87.43%
1.25
111
2012
(Thousand Rupees)
2009
2010
2011
2012
282,816.
348,806.
472,946.
483,442.
525,000.
525,000.
525,000.
525,000.
0.0
0.0
0.0
0.0
-242184
-176194
-52054
-41558
-157
-3377
-38414
-59789
2,506.
5,913.
9,646.
8,404.
690.
551.
679.
576.
1,816.
5,362.
8,967.
7,828.
285,165.
351,342.
444,178.
432,057.
55,973.
34,072.
16,087.
11,509.
226,189.
306,439.
419,914.
409,173.
3,003.
10,831.
8,177.
11,375.
-258159
5,813.
18,348.
0.0
-11908
-270412
0.0
0.0
11,847.
10,136.
629.
160.
922.
0.0
-270006
77,754.
3,166.
12,944.
0.0
5,848.
55,002.
0.0
794.
11,763.
8,340.
636.
175.
2,612.
0.0
65,991.
147,383.
5,483.
38,110.
0.0
27,367.
66,914.
0.0
9,509.
12,542.
6,960.
740.
227.
4,615.
0.0
134,841.
90,620.
3,272.
32,055.
0.0
15,862.
39,231.
0.0
200.
13,165.
7,220.
752.
173.
5,020.
0.0
77,455.
52,500.
52,500.
0.0
2.2%
0.0
0.0
22,601. -15802
52,500.
15.%
0.0
20,977.
52,500.
9.%
0.0
83,240.
109.36%
0.0
104.59%
-94.68%
85.56%
10.
-5.14
79.28%
0.0
84.87%
18.78%
70.9%
10.
1.26
70.42%
0.0
91.49%
30.36%
55.49%
10.
2.57
61.02%
0.0
85.47%
17.93%
54.84%
10.
1.48
19.63%
.88%
9.7%
1.68%
3.62%
2.17%
2.66%
1.95%
184.1%
149.43%
118.2%
121.51%
-.08
-.24
.16
1.07
First Capital Mutual Fund Ltd.

Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
337,605.
300,000.
0.0
37,605.
0.0
10,964.
7,436.
3,528.
348,569.
8,752.
336,537.
3,280.
-30743
0.0
13,650.
0.0
23,516.
-71012
0.0
3,103.
10,847.
7,436.
406.
0.0
0.0
3,005.
-41590
35,000.
0.0
0.0
-12043
144.4%
0.0
135.28%
-11.93%
68.55%
8.57
-1.19
2.51%
3.15%
86.07%
.29
112
2012
(Thousand Rupees)
2009
2010
2011
2012
203,306.
231,229.
257,219.
277,799.
300,000.
300,000.
300,000.
300,000.
0.0
0.0
0.0
0.0
-96694
-68771
-42781
-22201
0.0
0.0
0.0
0.0
6,952.
13,857.
16,081.
8,428.
4,144.
4,879.
5,009.
5,297.
2,808.
8,978.
11,072.
3,131.
210,258.
245,086.
273,300.
286,227.
7,954.
70,443.
36,187.
5,656.
195,890.
172,919.
232,307.
280,234.
6,414.
1,724.
4,806.
337.
-126751
42,193.
42,219.
34,024.
1,365.
3,981.
10,231.
14,309.
13,090.
10,125.
12,126.
11,984.
0.0
0.0
0.0
0.0
-98205
37,839.
21,975.
13,224.
-43001
-9752
-2692
-5493
0.0
0.0
0.0
0.0
0.0
0.0
579.
0.0
7,070.
13,257.
13,486.
12,783.
4,144.
4,879.
5,009.
5,297.
364.
1,444.
1,465.
1,302.
0.0
0.0
461.
482.
2,562.
6,934.
6,551.
5,702.
0.0
0.0
0.0
0.0
-133821
28,936.
28,733.
21,241.
30,000.
0.0
0.0
-797303
30,000.
30,000.
30,000.
0.0
0.0
6.5%
0.0
0.0
0.0
-30531
62,488. -34256
111.4%
0.0
105.58%
-63.65%
58.61%
10.
-4.46
66.57%
0.0
68.58%
11.81%
36.8%
10.
.96
47.05%
0.0
68.06%
10.51%
37.14%
10.
.96
22.72%
0.0
62.43%
7.42%
41.44%
10.
.71
3.78%
3.31%
28.74%
5.65%
13.24%
5.88%
1.98%
2.94%
142.68%
122.41%
109.77%
104.81%
5.96
2.16
-1.19
-1.44
First Dawood Mutual Fund

Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
752,467.
580,750.
0.0
171,717.
0.0
6,590.
1,830.
4,760.
759,057.
35,295.
709,017.
14,745.
67,386.
19,903.
12,421.
0.0
0.0
-105574
130,808.
9,828.
31,839.
24,113.
1,118.
4,940.
1,668.
0.0
35,547.
58,075.
0.0
0.0
9,435.
52.03%
0.0
52.75%
4.68%
75.73%
10.
.61
4.65%
.87%
76.51%
.27
113
2012
(Thousand Rupees)
2009
2010
2011
2012
520,984.
484,679.
549,713.
495,748.
580,750.
580,750.
580,750.
580,750.
0.0
0.0
0.0
0.0
-59766
-96071
-31037
-85002
0.0
0.0
0.0
0.0
4,115.
2,675.
4,194.
7,306.
1,289.
768,377.
935.
934.
2,826. -765702
3,259.
6,372.
525,099.
487,354.
553,907.
503,054.
25,610.
57,811.
26,310.
16,807.
473,076.
413,327.
515,057.
476,041.
26,413.
16,216.
12,540.
10,206.
-198915
-17159
80,291. -19252
39,950.
35,148.
31,016.
45,881.
11,167.
11,924.
9,222.
7,895.
0.0
0.0
0.0
0.0
-59275
0.0
10,144. -4144
-122098
-74375
44,197. -13753
-127934
0.0
0.0
0.0
0.0
0.0
0.0
0.0
20,953.
19,147.
15,257.
15,548.
17,389.
13,613.
10,753.
10,348.
939.
890.
903.
888.
1,415.
3,198.
788.
1,231.
1,210.
1,446.
2,813.
3,081.
0.0
0.0
0.0
0.0
-219868
-36306
65,034. -34800
58,075.
0.0
0.0
-9684
58,075.
58,075.
58,075.
0.0
3.3%
0.0
0.0
0.0
0.0
-9503
32,200. -31501
125.7%
0.0
110.53%
-41.87%
82.99%
10.
-3.79
374.33%
0.0
211.59%
-7.45%
71.1%
10.
-.63
49.88%
0.0
81.%
11.74%
70.48%
10.
1.12
379.33%
0.0
180.76%
-6.92%
66.56%
10.
-.6
4.88%
.78%
11.86%
.55%
4.75%
.76%
3.34%
1.45%
110.6%
119.16%
104.85%
115.44%
.04
-.89
-.48
.27
Golden Arrow Selected Stocks Fund Ltd.

Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
1,237,941.
675,993.
21,499.
540,449.
0.0
34,883.
2,086.
32,797.
1,272,824.
56,208.
1,203,832.
12,784.
70,037.
14,242.
48,723.
0.0
0.0
112,428.
-105356
0.0
34,846.
25,768.
812.
6,206.
2,060.
0.0
35,191.
122,907.
0.0
0.0
54,851.
10.1%
0.0
50.25%
2.76%
73.95%
5.5
.29
4.42%
2.74%
53.11%
1.56
114
2012
(Thousand Rupees)
2009
2010
2011
2012
831,434.
968,463.
767,225.
763,012.
760,492.
760,492.
760,492.
760,492.
9,751.
6,175.
6,733.
2,520.
61,191.
201,796.
0.0
0.0
0.0
0.0
195,843.
371,934.
13,663.
13,611.
49,883.
25,117.
1,575.
2,095.
2,161.
1,824.
12,088.
11,516.
47,722.
23,293.
845,097.
982,074.
1,012,951.
1,160,063.
280,115.
9,898.
10,047.
14,569.
545,849.
968,766.
936,117.
1,136,933.
19,133.
3,410.
66,787.
8,561.
-374128
179,751.
150,680.
29,419.
25,792.
8,422.
39,639.
43,545.
48,649.
0.0
0.0
0.0
0.0
0.0
0.0
-238469
-64499
-10459
-207810
174,913.
102,727.
3,093.
0.0
1,341.
20,631.
39,146.
27,349.
16,560.
20,095.
19,661.
465.
705.
590.
1,753.
5,491.
598.
1,853.
12,855.
6,500.
0.0
0.0
0.0
-394759
140,605.
123,331.
152,098.
152,098.
0.0
0.0
0.0
0.0
234,138. -280172
323,130.
4,682.
54,725.
0.0
0.0
93,989.
169,734.
0.0
32,965.
18,157.
632.
812.
13,364.
0.0
290,165.
152,098.
15.%
0.0
127,864.
152,098.
24.%
0.0
117,039.
118.46%
0.0
105.51%
-46.71%
80.27%
5.
-2.6
61.43%
0.0
78.22%
14.32%
51.33%
5.
.92
62.12%
0.0
81.85%
12.18%
71.89%
5.
.81
81.62%
0.0
89.8%
25.01%
55.08%
5.
1.91
33.15%
1.62%
1.01%
1.39%
.99%
4.92%
1.26%
2.17%
89.99%
77.44%
75.08%
65.56%
-.59
-1.99
1.04
.4
JS Growth Fund
Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
5,174,398.
3,180,044.
506,438.
1,487,916.
87,827.
118,896.
9,510.
109,386.
5,381,121.
336,439.
5,006,067.
38,615.
-269699
50,525.
195,864.
0.0
-18642
-497446
0.0
0.0
149,884.
116,534.
4,259.
5,827.
18,160.
5,104.
-419583
318,004.
0.0
0.0
-646759
191.36%
0.0
155.57%
-7.8%
77.75%
10.
-1.32
6.25%
2.21%
59.1%
1.54
115
2012
(Thousand Rupees)
2009
2010
2011
2012
2,892,841.
2,760,140.
3,180,705.
3,392,424.
3,180,044.
3,180,044.
3,180,044.
3,180,045.
506,438.
506,438.
506,438.
506,437.
-793641
-926342
-505777
-294058
-469
-156869
135,436. -145936
62,417.
62,544.
67,011.
74,889.
5,304.
968.
714.
5,888.
57,113.
61,576.
66,297.
69,001.
2,954,789.
2,958,120.
3,101,780.
3,310,444.
704,134.
738,045.
82,152.
844,843.
2,224,507.
2,188,255.
2,863,246.
2,351,324.
26,148.
31,820.
156,382.
114,277.
-1603098
171,614.
78,858.
71,973.
155,186.
117,566.
0.0
0.0
-840680
134,223.
-996879
-153887
0.0
0.0
417.
1,739.
678,459.
148,063.
62,198.
66,425.
2,722.
2,849.
2,954.
3,155.
608,230.
73,243.
2,355.
2,391.
-2281557
23,551.
733,167.
44,701.
184,340.
0.0
423,338.
80,788.
0.0
0.0
98,287.
61,817.
2,711.
2,936.
26,875.
3,948.
634,880.
582,862.
47,120.
216,929.
0.0
179,599.
139,214.
0.0
0.0
88,875.
57,693.
2,583.
2,712.
22,402.
3,485.
493,987.
318,004.
0.0
0.0
413,864.
315,696.
318,004.
318,005.
205,891. -305737
1,044,355.
114.6%
0.0
142.32%
-77.22%
9.17%
10.
-7.17
-10.44%
0.0
13.72%
.8%
44.86%
10.07
.07
68.76%
0.0
86.59%
20.47%
62.89%
10.
2.
54.7%
0.0
84.75%
14.92%
64.91%
10.
1.55
23.83%
2.11%
24.95%
2.11%
2.65%
2.16%
25.52%
2.26%
107.62%
107.5%
102.52%
96.06%
-.18
8.74
-.48
2.11
11.5%
0.0
JS Value Fund Ltd.

Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
2,654,320.
1,185,750.
10,000.
1,458,570.
347.
23,106.
4,152.
18,954.
2,677,773.
758,217.
1,908,853.
10,703.
922,276.
81,403.
28,134.
0.0
538,761.
273,978.
0.0
0.0
64,271.
50,943.
3,525.
2,547.
6,351.
905.
858,005.
118,575.
0.0
0.0
333,551.
88.12%
0.0
93.03%
32.04%
79.26%
10.
7.24
28.32%
.86%
44.28%
.39
116
2012
(Thousand Rupees)
2009
2010
2011
2012
1,238,901.
1,004,473.
1,205,768.
1,362,727.
1,185,750.
1,185,750.
1,185,750.
1,185,750.
10,000.
10,000.
10,000.
10,000.
43,151. -191277
10,018.
166,977.
-1571
0.0
0.0
0.0
17,763.
16,885.
20,343.
20,854.
1,985.
102.
221.
2,259.
15,778.
16,783.
20,122.
18,595.
1,255,093.
1,021,358.
1,226,111.
1,383,581.
288,313.
79,565.
67,159.
303,541.
959,730.
934,113.
1,148,780.
1,057,723.
7,050.
7,680.
10,172.
22,317.
-1255689
-54766
54,303.
25,588.
43,563.
46,188.
0.0
0.0
-673017
115,167.
-680538
-241709
0.0
0.0
0.0
0.0
41,154.
61,087.
31,125.
24,801.
2,534.
2,218.
0.0
0.0
4,949.
32,610.
2,546.
1,458.
-1296843
-115853
308,390.
12,556.
64,609.
0.0
58,293.
172,932.
0.0
0.0
47,809.
23,312.
2,143.
0.0
20,447.
1,907.
260,581.
217,796.
18,279.
85,068.
0.0
47,886.
66,563.
0.0
0.0
37,121.
24,309.
2,207.
0.0
9,023.
1,582.
180,675.
118,575.
118,575.
10.%
10.%
0.0
0.0
-302428
-109440
118,575.
7.%
0.0
44,966.
118,575.
10.%
0.0
261,008.
107.79%
0.0
103.28%
-103.33%
75.63%
10.
-10.94
231.06%
0.0
211.54%
-11.34%
40.6%
10.
-.98
74.98%
0.0
84.5%
21.25%
48.76%
10.
2.2
52.55%
0.0
82.96%
13.06%
65.49%
10.
1.52
22.97%
1.42%
7.79%
1.65%
5.48%
1.66%
21.94%
1.51%
94.48%
116.1%
96.71%
85.7%
.23
.94
.17
1.44
Meezan Balanced Fund

Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
1,423,683.
1,200,000.
0.0
223,683.
0.0
11,451.
6,851.
4,600.
1,435,134.
10,462.
1,398,691.
25,981.
70,836.
67,825.
38,248.
-15000
67,904.
-88141
0.0
0.0
53,319.
45,271.
1,688.
3,169.
3,191.
0.0
17,517.
120,000.
0.0
0.0
-211039
-49.74%
-21.18%
24.73%
1.22%
84.91%
10.
.15
.73%
.8%
83.62%
-12.05
117
2012
(Thousand Rupees)
2009
2010
2011
2012
1,147,792.
1,276,119.
1,436,138.
1,479,992.
1,200,000.
1,200,000.
1,200,000.
1,200,000.
0.0
0.0
0.0
0.0
-52208
76,119.
236,138.
279,992.
-4949
1,592.
87,294.
55,051.
18,013.
24,105.
18,316.
24,963.
4,488.
2,112.
2,507.
2,920.
13,525.
21,993.
15,809.
22,043.
1,160,856.
1,301,816.
1,541,748.
1,560,006.
144,241.
292,188.
42,186.
72,888.
992,205.
985,810.
1,465,941.
1,470,386.
24,410.
23,818.
33,621.
16,732.
-117193
289,304.
254,036.
292,934.
64,797.
72,337.
89,560.
88,093.
46,319.
60,298.
56,620.
54,712.
0.0
0.0
0.0
0.0
-129163
111,298.
107,302.
160,189.
-99146
54,564.
12,054.
12,871.
0.0
0.0
0.0
0.0
-11500
-22931
0.0 -9193
38,698.
40,977.
28,017.
39,080.
32,550.
31,114.
28,069.
29,108.
1,356.
1,504.
1,596.
1,641.
2,670.
826.
220.
350.
2,122.
7,533. -1868
7,981.
0.0
0.0
0.0
0.0
-155891
248,327.
226,019.
253,854.
120,000.
0.0
0.0
249,207.
120,000.
120,000.
15.5%
19.%
0.0
0.0
260,050. -182020
120,000.
19.%
0.0
235,863.
194.81%
0.0
133.02%
-13.43%
84.11%
10.
-1.3
54.15%
0.0
85.84%
19.08%
75.93%
10.
2.07
42.46%
0.0
88.97%
14.66%
100.19%
10.
1.88
51.25%
0.0
86.66%
16.27%
74.48%
10.
2.12
12.43%
1.55%
22.44%
1.85%
2.74%
1.19%
4.67%
1.6%
103.37%
92.18%
77.83%
76.92%
-1.6
1.05
-.81
.93
NAMCO Balanced Fund

Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
1,011,363.
1,000,000.
11,363.
0.0
7,438.
17,350.
9,750.
7,600.
1,036,151.
33,924.
837,373.
164,854.
16,879.
43,137.
29,021.
0.0
70,164.
-126937
0.0
1,494.
42,086.
32,617.
1,235.
0.0
7,910.
324.
-25207
100,000.
0.0
0.0
-122371
-327.5%
0.0
-149.34%
-2.43%
77.5%
10.
-.25
3.27%
1.67%
96.51%
4.85
118
2012
(Thousand Rupees)
2009
2010
2011
2012
721,808.
671,964.
757,930.
782,285.
1,000,000.
1,000,000.
1,000,000.
1,080,000.
0.0
0.0
0.0
0.0
-278192
-328036
-242070
-297715
0.0
6,197.
8,277.
8,536.
8,661.
15,383.
10,870.
8,978.
3,595.
2,904.
3,735.
1,544.
5,066.
12,479.
7,135.
7,434.
730,469.
693,544.
777,077.
799,799.
24,985.
126,688.
171,524.
70,560.
625,517.
557,838.
597,937.
545,032.
79,967.
9,018.
7,616.
184,207.
-261998
136,606.
113,599.
60,992.
27,373.
37,880.
38,778.
31,523.
31,339.
28,629.
24,130.
24,849.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-177579
-79417
-47055
-68052
-94701
149,514.
114,162.
88,266.
-48430
-15594
0.0 -16416
27,558.
36,450.
27,632.
36,637.
22,832.
24,423.
22,689.
21,548.
810.
773.
635.
639.
0.0
0.0
127.
270.
3,025.
5,776.
3,470.
12,964.
891.
5,478.
711.
1,216.
-289556
100,156.
85,967.
24,355.
100,000.
0.0
0.0
-41409
100,000.
15.%
0.0
216,295.
100,000.
108,000.
0.0
0.0
8.%
2.1%
45,608. -100964
122.41%
0.0
110.52%
-39.64%
82.85%
10.
-2.9
51.31%
0.0
73.32%
14.44%
67.%
10.
1.
44.62%
0.0
75.68%
11.06%
82.11%
10.
.86
7.57%
0.0
39.93%
3.05%
58.81%
10.
.23
3.42%
1.19%
18.27%
2.22%
22.07%
1.4%
8.82%
1.12%
136.9%
144.19%
128.69%
135.03%
.14
2.16
.53
-4.15
PICIC Energy Fund

Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
1,070,563.
1,000,000.
0.0
70,563.
0.0
12,036.
2,489.
9,547.
1,082,599.
128,035.
939,203.
15,361.
113,925.
13,595.
46,258.
0.0
182,949.
-128877
0.0
0.0
45,372.
33,571.
1,370.
0.0
8,287.
2,144.
68,553.
100,000.
0.0
0.0
-300262
47.46%
0.0
60.17%
6.33%
73.99%
10.
.69
11.83%
1.11%
92.37%
-4.38
119
2012
(Thousand Rupees)
2009
2010
2011
2012
859,159.
925,613.
1,059,643.
992,787.
1,000,000.
1,000,000.
1,000,000.
1,000,000.
0.0
0.0
0.0
0.0
-140841
-74387
59,643. -7213
0.0
0.0
0.0
0.0
12,126.
12,738.
19,130.
19,552.
2,148.
2,314.
1,850.
1,919.
9,978.
10,424.
17,280.
17,633.
871,285.
938,351.
1,078,773.
1,012,339.
48,431.
37,179.
77,090.
12,943.
811,465.
897,764.
994,036.
847,714.
11,389.
3,408.
7,647.
151,682.
-111597
160,159.
7,138.
13,551.
69,072.
46,631.
0.0
0.0
0.0
0.0
-39530
-71109
-148277
171,086.
0.0
0.0
29,807.
41,328.
21,525.
29,382.
1,049.
1,259.
0.0
0.0
5,090.
8,731.
2,143.
1,956.
-141404
118,831.
326,671.
10,600.
88,847.
0.0
0.0
20,660.
206,564.
0.0
36,844.
27,079.
1,323.
405.
7,529.
508.
289,827.
113,973.
5,543.
76,528.
0.0
0.0
3,529.
28,373.
0.0
29,132.
19,118.
1,240.
433.
7,982.
359.
84,841.
100,000.
0.0
0.0
-10768
100,000.
10.%
0.0
37,740.
100,000.
25.%
0.0
188,598.
100,000.
7.5%
0.0
84,975.
168.29%
0.0
126.71%
-16.23%
72.21%
10.
-1.41
62.42%
0.0
74.2%
12.66%
71.09%
10.
1.19
69.56%
0.0
88.72%
26.87%
73.5%
10.
2.9
27.99%
0.0
74.44%
8.38%
65.63%
10.
.85
5.56%
1.39%
3.96%
1.36%
7.15%
1.77%
1.28%
1.93%
114.77%
106.57%
92.7%
98.78%
.08
.32
.65
1.
PICIC Growth Fund

Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
8,291,928.
2,835,000.
3,124,897.
2,332,031.
2,992,500.
109,291.
18,807.
90,484.
11,393,719.
867,546.
10,461,354.
64,819.
-291248
68,340.
465,982.
0.0
184,399.
-1009969
0.0
0.0
307,733.
249,134.
7,603.
0.0
45,795.
5,201.
-598981
283,500.
0.0
0.0
973,177.
283.46%
0.0
205.66%
-5.26%
80.96%
10.
-2.11
7.61%
.96%
24.88%
-1.62
120
2012
(Thousand Rupees)
2009
2010
2011
2012
3,530,357.
3,944,740.
4,764,800.
4,245,074.
2,835,000.
2,835,000.
2,835,000.
2,835,000.
989,777.
1,419,467.
1,395,722.
1,089,638.
-294420
-309727
534,078.
320,436.
2,990,500.
2,992,500.
2,992,500.
2,992,500.
103,569.
196,762.
184,318.
346,537.
10,871.
11,562.
12,929.
13,993.
92,698.
185,200.
171,389.
332,544.
6,624,426.
7,134,002.
7,941,618.
7,584,111.
296,840.
246,157.
453,731.
276,495.
6,281,453.
6,802,156.
7,367,007.
7,059,493.
46,133.
85,689.
120,880.
248,123.
-2176540
769,108.
53,639.
101,587.
442,192.
244,075.
0.0
0.0
0.0
0.0
-673200
-480082
-2013978
903,509.
14,807.
19.
166,411.
206,156.
134,143.
151,707.
4,729.
5,168.
0.0
0.0
23,209.
44,978.
4,330.
4,303.
-2342951
562,952.
1,420,959.
732,127.
65,146.
37,401.
460,178.
415,801.
0.0
0.0
0.0
0.0
44,791. -53416
850,844.
332,341.
0.0
0.0
198,326.
212,450.
155,191.
141,231.
5,255.
4,906.
0.0
0.0
33,501.
61,838.
4,379.
4,475.
1,222,633.
519,677.
283,500.
0.0
0.0
-281691
283,500.
20.%
0.0
511,400.
283,500.
38.%
0.0
560,007.
283,500.
17.5%
0.0
539,800.
122.78%
0.0
107.65%
-35.37%
80.61%
10.
-8.26
55.06%
0.0
73.2%
7.89%
73.59%
10.
1.99
63.03%
0.0
86.04%
15.4%
78.25%
10.
4.31
38.1%
0.0
70.98%
6.85%
66.48%
10.
1.83
4.48%
1.56%
3.45%
2.76%
5.71%
2.32%
3.65%
4.57%
42.8%
39.74%
35.7%
37.38%
.12
.91
.46
1.04
PICIC Investment Fund

Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
2,944,741.
2,841,250.
225.
103,266.
2,121,000.
76,448.
8,442.
68,006.
5,142,189.
425,377.
4,684,995.
31,817.
-107405
37,218.
194,769.
0.0
179,034.
-518426
0.0
0.0
144,199.
111,802.
4,170.
0.0
24,131.
4,096.
-251604
284,125.
0.0
0.0
628,795.
315.99%
0.0
234.26%
-4.89%
77.53%
10.
-.89
8.27%
1.49%
55.25%
-2.5
121
2012
(Thousand Rupees)
2009
2010
2011
2012
1,677,360.
1,828,357.
2,072,994.
1,957,966.
2,841,250.
2,841,250.
2,841,250.
2,841,250.
225.
225.
225.
225.
-1164115
-1013118
-768481
-883509
1,334,801.
1,499,878.
1,499,300.
1,387,141.
74,919.
150,225.
120,220.
196,823.
5,020.
5,547.
5,954.
6,467.
69,899.
144,678.
114,266.
190,356.
3,087,080.
3,478,460.
3,692,514.
3,541,930.
195,804.
187,823.
238,064.
160,891.
2,852,840.
3,248,518.
3,376,328.
3,267,605.
38,436.
42,119.
78,122.
113,434.
-1187175
402,586.
709,473.
347,065.
28,938.
58,058.
36,871.
21,276.
194,800.
126,913.
216,046.
197,514.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-401392
-269243
-389
-28080
-1017195
486,850.
456,945.
156,355.
7,674.
8.
0.0
0.0
80,206.
103,545.
97,438.
102,036.
62,426.
71,816.
71,887.
64,904.
2,748.
3,029.
3,032.
2,822.
0.0
0.0
0.0
0.0
11,700.
24,805.
17,736.
19,825.
3,332.
3,895.
4,783.
14,485.
-1267381
299,041.
612,035.
245,029.
284,125.
0.0
0.0
-227214
284,125.
10.%
0.0
133,363.
284,125.
20.%
0.0
401,816.
284,125.
8.%
0.0
274,992.
118.85%
0.0
106.76%
-41.05%
77.83%
10.
-4.46
54.05%
0.0
74.28%
8.6%
69.36%
10.
1.05
64.35%
0.0
86.27%
16.58%
73.78%
10.
2.15
36.96%
0.0
70.6%
6.92%
63.61%
10.
.86
6.34%
2.43%
5.4%
4.32%
6.45%
3.26%
4.54%
5.56%
92.04%
81.68%
76.95%
80.22%
.18
.45
.66
1.12
Pak Oman Advantage Fund

Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
1,103,750.
1,000,000.
0.0
103,750.
10,970.
9,190.
7,639.
1,551.
1,123,910.
254,595.
833,058.
36,257.
120,221.
115,526.
0.0
0.0
0.0
1,952.
2,415.
328.
18,273.
13,464.
1,230.
191.
3,353.
35.
101,948.
10,000.
0.0
0.0
38,491.
3.91%
0.0
84.8%
9.07%
73.68%
100.
10.19
22.65%
.82%
88.98%
.38
122
2012
(Thousand Rupees)
2009
2010
2011
2012
1,120,468.
1,128,690.
1,136,053.
1,142,894.
1,000,000.
1,000,000.
1,000,000.
1,000,000.
0.0
0.0
0.0
0.0
120,468.
128,690.
136,053.
142,894.
-36810
-16272
-11255
-1222
7,614.
9,206.
10,737.
11,581.
6,024.
3,438.
2,773.
1,349.
1,590.
5,768.
7,964.
10,232.
1,091,272.
1,121,624.
1,135,535.
1,153,253.
25,386.
317,413.
347,618.
368,179.
1,019,328.
778,421.
760,974.
754,189.
46,558.
25,790.
26,943.
30,885.
126,464.
131,176.
131,632.
130,683.
153,722.
142,207.
144,911.
140,933.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-13140
-9329
-17329
-659
-14262
-1702
4,050.
1,432.
0.0
0.0
0.0
0.0
144.
0.0
0.0 -11023
19,746.
26,904.
20,499.
22,112.
13,342.
13,478.
13,386.
16,046.
1,328.
1,338.
1,332.
1,361.
108.
210.
277.
394.
4,759.
7,531.
3,265.
2,039.
209.
4,347.
2,239.
2,272.
106,718.
104,272.
111,133.
108,571.
100,000.
9.61%
0.0
-114209
100,000.
10.38%
0.0
388,077.
100,000.
10.17%
0.0
133,975.
100,000.
10.18%
0.0
122,275.
-21.55%
0.0
84.39%
9.78%
67.57%
10.
1.07
-8.41%
0.0
79.49%
9.3%
50.1%
10.
1.04
-10.09%
0.0
84.43%
9.79%
65.3%
10.
1.11
-7.84%
0.0
83.08%
9.41%
72.57%
10.
1.09
2.33%
.7%
28.3%
.82%
30.61%
.95%
31.93%
1.%
91.64%
89.16%
88.06%
86.71%
-1.07
3.72
1.21
1.13
Safeway Mutual Fund Ltd.

Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
884,832.
544,500.
105,678.
234,654.
0.0
7,687.
1,706.
5,981.
892,519.
13,066.
846,114.
33,339.
6,554.
1,427.
31,549.
0.0
110,830.
-144856
0.0
7,604.
28,754.
20,933.
1,471.
1,254.
5,044.
52.
-22200
54,450.
0.0
0.0
-85812
-403.14%
0.0
-338.72%
-2.49%
72.8%
10.
-.41
1.46%
.86%
61.01%
3.87
123
2012
(Thousand Rupees)
2009
2010
2011
2012
533,528.
682,498.
661,979.
768,168.
544,500.
544,500.
544,500.
544,500.
-6435
33,000.
33,000.
33,000.
-4537
104,998.
84,479.
190,668.
0.0
0.0
0.0
0.0
1,934.
2,252.
2,338.
2,737.
915.
1,129.
1,118.
1,464.
1,019.
1,123.
1,220.
1,273.
535,462.
684,750.
664,317.
770,905.
1,381.
100,373.
995.
60,637.
529,901.
579,764.
658,398.
704,901.
4,180.
4,613.
4,924.
5,367.
-170271
130,886.
1,731.
389.
24,816.
18,558.
3,566.
0.0
-112820
148,272.
-89352
-47083
0.0
0.0
1,788.
10,750.
55,308.
21,351.
11,812.
14,119.
804.
687.
573.
671.
41,950.
5,864.
169.
10.
-225579
109,535.
54,450.
0.0
0.0
95,835.
12,249.
27,177.
0.0
45,539.
10,845.
0.0
25.
17,255.
13,800.
613.
656.
2,186.
0.0
78,580.
185,529.
3,165.
38,518.
0.0
29,010.
114,836.
0.0
0.0
18,356.
14,893.
651.
359.
2,453.
0.0
167,173.
54,450.
54,450.
18.2%
0.0
98,992. -99378
54,450.
115.59%
-2.09%
132.48%
-42.13%
21.36%
10.
-4.14
85.52%
0.0
83.69%
16.%
66.13%
10.
2.01
58.86%
0.0
82.%
11.83%
79.98%
10.
1.44
77.53%
0.0
90.11%
21.69%
81.13%
10.
3.07
.26%
.36%
14.66%
.33%
.15%
.35%
7.87%
.36%
101.69%
79.52%
81.96%
70.63%
.04
.9
-1.26
.36
-9069
10.%
0.0
59,642.
Tri-Star Mutual Fund Ltd.

Items
2.Reserves
4.Others
2.Others
2.Investments
3.Others
1.Income (a to g)
b.Dividend income
f.Capital gain
g.Other income
5.Other
G.Other items
2.Cash dividend
I.Liquidity ratios
K.Cash flow ratio
2008
36,231.
50,000.
0.0
-13769
2,645.
2,658.
1,529.
1,129.
41,534.
39.
41,306.
189.
-8315
0.0
20.
0.0
0.0
-8335
0.0
0.0
1,119.
868.
0.0
0.0
251.
0.0
-9434
5,000.
0.0
0.0
832.
100.24%
0.0
113.46%
-22.71%
77.57%
10.
-1.89
.09%
6.4%
120.38%
-.09
124
2012
2009
2010
20,921.
24,006.
50,000.
50,000.
0.0
0.0
-29079
-25994
1,166.
0.0
3,188.
3,398.
2,049.
2,047.
1,139.
1,351.
25,275.
27,404.
7.
38.
24,967.
26,734.
301.
632.
-14613
0.0
119.
0.0
0.0
-14732
0.0
0.0
696.
502.
30.
0.0
163.
1.
-15309
5,000.
0.0
0.0
530.
(Thousand Rupees)
2011
2012
26,659.
25,990.
50,000.
50,000.
0.0
0.0
-23341
-24010
0.0
0.0
4,081.
4,816.
2,551.
3,389.
1,530.
1,427.
30,740.
30,806.
7.
5.
30,100.
30,169.
633.
632.
3,808.
0.0
375.
0.0
0.0
0.0
3,433.
0.0
724.
503.
30.
35.
156.
0.0
3,084.
3,414.
0.0
48.
0.0
0.0
0.0
3,366.
0.0
766.
532.
30.
45.
159.
0.0
2,648. -669
5,000.
0.0
0.0
214. -761
5,000.
0.0
0.0
90.
0.0
21.
0.0
0.0
0.0
69.
0.0
759.
521.
30.
50.
158.
0.0
5,000.
0.0
0.0
-759
100.81%
0.0
104.76%
-60.57%
72.13%
10.
-3.06
90.15%
0.0
80.99%
11.25%
69.48%
10.
.62
98.59%
0.0
77.56%
8.61%
69.45%
10.
.53
76.67%
0.0
-743.33%
-2.17%
68.64%
10.
-.13
.03%
12.61%
.14%
12.4%
.02%
13.28%
.02%
15.63%
197.82%
182.46%
162.65%
162.31%
-.03
.07
-.29
1.13
M
P
ODARABACOMPANIES
ERFORMANCE
G AT A
Modaraba Companies performed well during FY12. Total assets increased from R
FY11 to Rs 29.5 billion in FY12 showing an increase of 12.1 percent. Total equity
increase of 4.0 percent in FY12 over FY11. Profit before and after taxation increa
& 16.2 percent respectively in FY12 over FY11.
A
All major components of the balance sheet, i.e.,

assets, liabilities,
and certificate holders equity
witnessed increase in FY12 over FY11. Total
equity increased from Rs 12.3 billion in FY11
to Rs 12.8 billion in FY12 showing an increase
of 4.0 percent. Total assets Rs at 29.5 billion in
FY12 increased from Rs. 26.4 billion in FY11,
showing an increase of 12.1 percent in FY12.
Reserves increased by 8.1 percent during

FY12. In absolute terms, reserves increased
from Rs. 4.8 billion in FY11 to Rs. 5.1 billion in FY12. Certificate capital increased
FY12 over FY11. Long-term investments increased from Rs 2.3 billion in FY11 to
the current year.
ROFITABILITY AND
P
O
Gross revenue increased from Rs 5.9 billion in
FY11 to Rs 6.8 billion in FY12 recording an
increase of 14.7 percent over FY11. On the
other hand, operating expenses also increased
by 29.7 percent in FY12 over FY11. Operating
profit increased from Rs 4.6 billion to Rs 5.1
billion in FY12, reflecting an increase of 10.5
percent over FY11. Profit before taxation

increased to Rs 1.3 billion in FY12 as compared to Rs 1.2 billion in FY11, recordi
LANCE
12. Total assets increased from Rs. 26.4 billion in

ease of 12.1 percent. Total equity witnessed an
t before and after taxation increased by 16.3 percent

35.
30.
25.
20.
15.
10.
5.
Billion Rs.
4.%
0.0 Total
Equity
FY 11
FY 12
Growth
Total
Liabilities
12.3
13.9
12.8
16.1
4.%
15.5%
Y12. Certificate capital increased by 1.7 percent in

sed from Rs 2.3 billion in FY11 to Rs. 2.7 billion in
PERATING FFICIENCY
E
Operating Profit
Operating Expenses
15.
10.
Billion Rs.
0.0
4.6
1.3
5.9
5.
FY 11
to Rs 1.2 billion in FY11, recording an increase of

125
FY 12
2012
15.5%
12.1%
Total
Assets
26.4
29.5
12.1%
Gross Revenue
5.1
1.7
6.8
18.%
16.%
14.%
12.%
10.%
8.%
6.%
4.%
2.%
0.0
16.3 percent in FY12 over FY11. Similarly, profit after taxation also increased from
FY11 to Rs 1.3 billion in FY12 registering an increase of 16.2 percent.
Return on assets (ROA), return on equity (ROE)
and return on capital employed (ROCE)
ROA
witnessed increases in FY12 over FY11. ROA

increased from 4.28 percent in FY11 to 4.43
ROCE
percent in FY12. ROE increased from 9.16

percent to 10.23 percent in FY12.
ROE
Similarly,
(ROCE) also increased from 7.20 percent in
0.0
2.%
FY11 to 7.93 percent in FY12. Breakup value

per certificate increased from Rs 12.62 per certificate to Rs. 12.93 per certificate
126
2012
after taxation also increased from Rs 1.1 billion in
ease of 16.2 percent.

FY 12
FY 11
4.43%
4.28%
7.93%
7.2%
10.23%
9.16%
4.%
6.%
icate to Rs. 12.93 per certificate in FY12.
8.%
10.%
12.%
Modaraba Companies - Overall

2008
Items
10,890,240.
1.Certificate capital
7,422,645.
2.Reserves
3,682,816.
-215221
3.Unappropriated profit
4.Others
498,561.
17,278,012.
10,139,280.
7,138,732.
28,666,813.
13,697,734.
1,252,489.
12,445,245.
14,969,079.
a.Fixed assets
7,829,977.
4,012,698.
3,126,404.
1.Gross revenue(loss)
5,849,848.
2.Operating expenses
1,907,021.
3.Operating profit
3,473,593.
4.Modaraba co's management fees
35,417.
870,025.
852,807.
E.Other items
1.No. of certificates (000)
843,061.
2.Cash dividend
N/A
N/A
-692866
7.83%
4.7%
2.97%
4.Return on revenue (D6/D1)
14.58%
223.62%
6.Management expenses (D4/D2)
1.86%
7.Earning Per Certificate (D6/E1)
1.01
G.Liquidity Ratios
1.35
.6
14.%
37.99%
2.Break up value per certificate (A/E1)
12.92
I.Cash flow ratio
127
2012
(Thousand Rupees)
2009
2010
2011
2012
10,884,303. 11,441,371. 12,306,106. 12,802,384.
8,439,418.
8,439,418.
8,746,249.
8,896,249.
3,579,654.
4,222,106.
4,751,287.
5,134,727.
-1134769
-1220153
-1191430
-1228592
-43741
47,715.
113,519.
642,613.
12,268,904. 13,003,729. 13,939,985. 16,104,496.
7,935,406.
9,445,512. 10,295,595. 12,584,957.
4,333,498.
3,558,217.
3,644,390.
3,519,539.
23,109,466. 24,492,815. 26,359,610. 29,549,493.
9,851,812. 11,249,533. 11,479,593. 11,816,231.
1,012,494.
1,171,444.
1,177,701.
1,452,169.
8,839,318. 10,078,089. 10,301,892. 10,364,062.
13,257,654. 13,243,282. 14,880,017. 17,733,262.
7,126,461.
9,303,864. 11,175,447. 13,359,854.
4,132,557.
2,257,698.
2,258,441.
2,673,393.
1,998,636.
1,681,720.
1,446,129.
1,700,015.
7,018,434.
2,235,409.
4,783,025.
56,255.
1,176,272.
1,164,251.
5,307,416.
1,212,053.
4,098,893.
72,513.
799,640.
780,585.
5,938,195.
1,317,325.
4,620,870.
96,573.
1,156,633.
1,127,182.
6,812,461.
1,707,964.
5,104,497.
98,550.
1,344,595.
1,309,244.
944,739.
944,739.
975,422.
990,422.
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1,786,670.
2,283,871.
1,336,707.
846,023.
10.7%
7.75%
5.04%
16.59%
192.%
2.52%
1.23
6.82%
5.31%
3.19%
14.71%
155.27%
5.98%
.83
9.16%
7.2%
4.28%
18.98%
116.87%
7.33%
1.16
10.23%
7.93%
4.43%
19.22%
130.45%
5.77%
1.32
1.24
.53
17.88%
1.19
.53
9.22%
1.12
.53
8.57%
.94
.55
9.05%
47.1%
11.52
46.71%
12.11
46.69%
12.62
43.33%
12.93
1.53
.23
2.93
.24
1.19
.13
.65
.07
First Al-Noor Modaraba

2008
Items
313,462.
210,000.
2.Reserves
79,628.
23,834.
-18622
4.Others
34,996.
27,556.
7,440.
329,836.
205,998.
9,568.
196,430.
123,838.
a.Fixed assets
76,032.
43,966.
3,840.
67,348.
9,413.
3.Operating profit
57,935.
3,589.
32,301.
31,991.
E.Other items
21,000.
2.Cash dividend
10.%
0.0
7,086.
10.21%
10.69%
9.7%
47.5%
29.42%
38.13%
1.52
G.Liquidity Ratios
7.48
.11
13.33%
95.04%
14.93
I.Cash flow ratio
128
2012
(Thousand Rupees)
2009
2010
2011
2012
296,968.
308,442.
328,213.
329,985.
210,000.
210,000.
210,000.
210,000.
80,970.
83,677.
96,334.
100,977.
5,998.
14,765.
21,879.
19,008.
-17272
-1568
-2073
-1326
21,844.
23,995.
23,293.
25,638.
13,418.
17,674.
17,560.
17,730.
8,426.
6,321.
5,733.
7,908.
301,540.
330,869.
349,433.
354,297.
204,296.
253,921.
264,975.
264,613.
24,483.
11,400.
10,284.
15,728.
179,813.
242,521.
254,691.
248,885.
97,244.
76,948.
84,458.
89,684.
42,064.
43,338.
34,944.
32,897.
29,295.
18,598.
20,767.
20,021.
25,885.
15,012.
28,747.
36,766.
65,620.
11,722.
53,898.
508.
4,572.
4,205.
41,055.
13,925.
49,968.
0.0
11,267.
11,035.
45,015.
19,473.
25,542.
3,405.
30,047.
29,892.
39,647.
17,186.
22,461.
2,168.
19,131.
18,219.
21,000.
21,000.
0.0
5.%
0.0
0.0
74,367. -9158
21,000.
8.%
0.0
53,269.
21,000.
8.%
0.0
106,311.
1.42%
1.59%
1.39%
6.41%
278.76%
4.33%
.2
3.58%
3.6%
3.34%
26.88%
126.19%
0.0
.53
9.11%
9.05%
8.55%
66.4%
65.14%
17.49%
1.42
5.52%
5.68%
5.14%
45.95%
94.33%
12.61%
.87
15.23
.07
9.72%
14.37
.07
5.62%
15.09
.07
5.94%
14.92
.07
5.65%
98.48%
14.14
93.22%
14.69
93.93%
15.63
93.14%
15.71
17.69
5.54
-.83
-.52
1.78
3.03
5.84
6.
Allied Rental Modaraba

2008
Items
2.Reserves
4.Others
a.Fixed assets
3.Operating profit
E.Other items
2.Cash dividend
G.Liquidity Ratios
I.Cash flow ratio
- (times)
129
2012
(Thousand Rupees)
2009
2010
2011
2012
871,680.
1,059,652.
1,212,946.
1,572,838.
600,000.
600,000.
600,000.
750,000.
177,942.
316,928.
461,075.
560,471.
93,738.
142,724.
151,871.
262,367.
90,000.
90,000.
90,000.
90,000.
311,177.
361,219.
807,850.
1,048,232.
203,400.
316,634.
658,070.
644,908.
107,777.
44,585.
149,780.
403,324.
1,272,857.
1,510,871.
2,110,796.
2,711,070.
182,703.
204,600.
228,460.
352,993.
34,979.
87,624.
61,489.
87,624.
147,724.
116,976.
166,971.
265,369.
1,090,154.
1,306,271.
1,882,336.
2,358,077.
980,382.
1,219,700.
1,799,334.
2,189,223.
83,642.
69,678.
62,051.
54,607.
26,130.
16,893.
20,951.
114,247.
633,335.
383,415.
249,920.
0.0
176,141.
176,141.
829,397.
491,197.
338,200.
8,597.
277,973.
277,973.
1,033,739.
654,912.
378,827.
7,392.
288,294.
288,294.
1,543,919.
948,701.
595,218.
4,988.
498,792.
498,792.
60,000.
15.%
0.0
275,140.
60,000.
22.5%
0.0
530,059.
60,000.
23.%
25.%
868,757.
75,000.
30.%
10.%
586,767.
20.21%
16.47%
13.84%
27.81%
217.68%
0.0
2.94
26.23%
23.28%
18.4%
33.52%
176.71%
1.75%
4.63
23.77%
19.85%
13.66%
27.89%
227.17%
1.13%
4.8
31.71%
24.14%
18.4%
32.31%
190.2%
.53%
6.65
.9
.24
6.57%
.65
.24
4.61%
.35
.38
2.94%
.55
.39
2.01%
68.48%
14.53
70.14%
17.66
57.46%
20.22
58.02%
20.97
1.56
1.35
1.91
1.67
3.01
1.32
1.18
.91
B.F. Modaraba
2008
Items
87,379.
63,553.
2.Reserves
15,108.
8,718.
4.Others
5,933.
3,279.
3,158.
121.
96,591.
95,048.
25,109.
69,939.
1,543.
a.Fixed assets
808.
735.
0.0
11,014.
1,845.
3.Operating profit
9,169.
847.
7,626.
6,846.
E.Other items
6,355.
2.Cash dividend
0.0
7.5%
10,527.
7.83%
8.16%
7.09%
62.16%
26.95%
45.91%
1.08
G.Liquidity Ratios
30.1
.03
.76%
90.46%
13.75
I.Cash flow ratio
2.Cash generated from operating activities to current liabilities (E4/B1) (times)3.33
130
2012
2009
2010
(Thousand Rupees)
2011
2012
111,953.
106,988.
75,152.
75,152.
23,354.
25,856.
13,447.
5,980.
15,551.
8,340.
5,960.
5,387.
2,930.
2,329.
3,030.
3,058.
133,464.
120,715.
118,469.
111,033.
17,645.
11,958.
100,824.
99,075.
14,995.
9,682.
14,955.
9,642.
40.
40.
0.0
0.0
91,058.
68,320.
16,212.
6,526.
557.
8,688.
8,521.
167.
100,303.
99,061.
15,491.
83,570.
1,242.
1,202.
40.
0.0
94,461.
68,320.
17,232.
8,909.
7,760.
2,439.
2,193.
246.
104,660.
103,685.
8,008.
95,677.
975.
935.
40.
0.0
14,473.
2,201.
12,272.
811.
7,064.
3,679.
11,913.
2,523.
9,390.
624.
5,438.
3,403.
29,489.
2,955.
26,534.
2,263.
20,369.
17,491.
16,006.
3,532.
12,474.
731.
6,583.
6,307.
6,832.
0.0
0.0
6,832.
0.0
10.%
7,515.
15.%
0.0
9,767.
7,515.
5.%
0.0
10,214.
4.04%
7.7%
3.67%
25.42%
59.83%
36.85%
.54
3.6%
5.31%
3.25%
28.57%
74.14%
24.73%
.5
15.62%
15.6%
13.11%
59.31%
16.89%
76.58%
2.33
5.9%
5.56%
5.22%
39.4%
56.%
20.7%
.84
11.63
.09
.04%
47.28
.02
.04%
40.43
.04
.03%
47.67
.04
.03%
90.78%
13.33
90.26%
13.83
83.88%
14.9
88.63%
14.24
-.36
-.15
-4.03
-6.25
.56
3.33
1.62
4.39
-1307
-13710
B.R.R. Guardian Modaraba

2008
Items
1,396,251.
780,462.
2.Reserves
539,522.
76,267.
4.Others
437,033.
2,682,433.
1,541,160.
1,141,273.
4,515,717.
2,296,937.
9,881.
2,287,056.
2,218,780.
a.Fixed assets
986,678.
166,024.
1,066,078.
921,625.
98,877.
3.Operating profit
822,748.
16,852.
151,671.
151,671.
E.Other items
78,046.
2.Cash dividend
9.%
0.0
492,751.
10.86%
5.1%
3.36%
16.46%
65.19%
17.04%
1.94
G.Liquidity Ratios
1.49
.59
3.68%
30.92%
17.89
I.Cash flow ratio
131
2012
(Thousand Rupees)
2009
2010
2011
2012
823,262.
662,028.
703,731.
713,402.
780,462.
780,462.
780,462.
780,462.
544,522.
544,522.
565,374.
523,824.
-501722
-662956
-642105
-590884
-82842
-29134
28,952.
59,403.
2,266,700.
3,010,180.
2,234,116.
2,270,746.
1,104,517.
1,976,529.
1,085,777.
1,323,147.
1,162,183.
1,033,651.
1,148,339.
947,599.
3,007,120.
3,643,074.
2,966,799.
3,043,551.
1,032,099.
1,750,439.
1,180,460.
1,209,138.
66,288.
105,242.
121,699.
231,630.
965,811.
1,645,197.
1,058,761.
977,508.
1,975,021.
1,892,635.
1,786,339.
1,834,413.
505,989.
289,635.
578,976.
728,509.
163,297.
593,777.
529,731.
432,200.
1,305,735.
1,009,223.
677,632.
673,704.
557,006.
631,419.
99,113.
102,281.
457,893.
508,827.
0.0
0.0
502,748. -161234
502,748. -161234
614,992.
109,303.
505,689.
4,728.
41,703.
41,703.
424,245.
109,743.
314,502.
3,369.
29,182.
29,182.
78,046.
0.0
0.0
497,007.
78,046.
0.0
0.0
421,836.
78,046.
2.5%
0.0
321,609.
78,046.
1.8%
0.0
285,403.
61.07%
26.42%
16.72%
90.26%
19.71%
0.0
6.44
-24.35%
-9.67%
-4.43%
-25.54%
-63.44%
0.0
-2.07
5.93%
2.22%
1.41%
6.78%
262.1%
4.33%
.53
4.09%
1.7%
.96%
6.88%
376.06%
3.07%
.37
.93
.75
5.43%
.89
.83
16.3%
1.09
.75
17.86%
.91
.75
14.2%
27.38%
10.55
18.17%
8.48
23.72%
9.02
23.44%
9.14
.99
.45
-2.62
.21
7.71
.3
9.78
.22
First Constellation Modaraba

2008
Items
74,736.
64,625.
2.Reserves
5,927.
4,184.
4.Others
0.0
6,573.
6,573.
0.0
81,309.
24,595.
21.
24,574.
56,714.
a.Fixed assets
714.
23,000.
33,000.
4,357.
332.
3.Operating profit
4,025.
30.
301.
301.
E.Other items
6,462.
2.Cash dividend
0.0
0.0
-17078
.4%
.4%
.37%
6.91%
110.3%
9.04%
.05
G.Liquidity Ratios
3.74
.08
28.29%
91.92%
11.57
I.Cash flow ratio
2.Cash generated from operating activities to current liabilities (E4/B1) (times) -2.6
132
2012
2009
2010
65,069.
64,625.
5,928.
-5484
67,185.
64,625.
6,350.
-3790
(Thousand Rupees)
2011
2012
69,592.
69,592.
64,625.
64,625.
6,832.
6,832.
-1865
-1865
0.0
0.0
4,386.
4,386.
4,063.
4,063.
323.
323.
73,978.
73,978.
40,881.
40,881.
1,084.
1,084.
39,797.
39,797.
33,097.
33,097.
39.
39.
33,000.
33,000.
58.
58.
0.0
6,277.
6,277.
0.0
71,346.
38,238.
86.
38,152.
33,108.
108.
33,000.
0.0
0.0
7,254.
6,939.
315.
74,439.
41,255.
240.
41,015.
33,184.
70.
33,000.
114.
3,854.
4,227.
6,457.
4,903.
1,554.
222.
2,223.
2,117.
7,271.
5,874.
1,397.
247.
2,471.
2,405.
7,271.
5,874.
1,397.
247.
2,471.
2,405.
6,462.
0.0
0.0
7,897.
6,462.
0.0
0.0
162.
6,462.
0.0
0.0
1,929.
6,462.
0.0
0.0
1,929.
-7.66%
-7.66%
-6.99%
-129.4%
-84.76%
0.0
-.77
3.15%
3.29%
2.84%
32.79%
231.6%
4.53%
.33
3.46%
3.53%
3.25%
33.08%
244.24%
4.2%
.37
3.46%
3.53%
3.25%
33.08%
244.24%
4.2%
.37
6.09
.09
46.25%
5.95
.1
44.33%
10.06
.06
44.61%
10.06
.06
44.61%
91.2%
10.07
90.26%
10.4
94.07%
10.77
94.07%
10.77
-1.58
1.26
.08
.02
.8
.47
.8
.47
-373
0.0
-4987
-4987
Crescent Standard Modaraba

2008
Items
109,140.
200,000.
2.Reserves
4,557.
-95417
-1311
4.Others
23,108.
23,108.
0.0
130,937.
130,619.
16,088.
114,531.
318.
a.Fixed assets
318.
0.0
0.0
1,417.
1,822.
-405
3.Operating profit
60.
538.
538.
E.Other items
20,000.
2.Cash dividend
0.0
0.0
42,512.
.49%
.5%
.41%
37.97%
338.66%
3.29%
.03
G.Liquidity Ratios
5.65
.18
0.0
83.35%
5.46
I.Cash flow ratio
133
2012
(Thousand Rupees)
2009
2010
2011
2012
110,902.
115,926.
118,552.
122,143.
200,000.
200,000.
200,000.
200,000.
5,438.
7,950.
10,463.
13,363.
-94536
-92024
-91911
-91220
-630
-896
-1001
18.
23,179.
44,101.
30,688.
35,759.
23,179.
43,951.
24,510.
26,032.
0.0
150.
6,178.
9,727.
133,451.
159,131.
148,239.
157,920.
133,451.
134,649.
96,730.
101,137.
16,490.
20,812.
20,645.
34,244.
116,961.
113,837.
76,085.
66,893.
0.0
24,482.
51,509.
56,783.
0.0
2,285.
25,864.
35,096.
0.0
22,197.
25,645.
21,687.
0.0
0.0
0.0
0.0
4,218.
1,919.
2,299.
196.
1,762.
1,762.
13,528.
5,983.
9,085.
558.
5,024.
5,024.
23,983.
5,242.
18,741.
570.
5,026.
5,026.
16,842.
5,620.
11,222.
692.
5,991.
5,991.
20,000.
0.0
0.0
32,502.
20,000.
1.2%
0.0
19,282.
20,000.
1.2%
0.0
6,683.
20,000.
1.5%
0.0
27,467.
1.59%
1.6%
1.32%
41.77%
108.91%
10.21%
.09
4.33%
4.36%
3.16%
37.14%
119.09%
9.33%
.25
4.24%
4.06%
3.39%
20.96%
104.3%
10.87%
.25
4.9%
4.54%
3.79%
35.57%
93.81%
12.31%
.3
5.76
.17
0.0
3.06
.28
13.95%
3.95
.21
17.3%
3.89
.23
13.73%
83.1%
5.55
72.85%
5.8
79.97%
5.93
77.34%
6.11
18.45
1.4
3.84
.44
1.33
.27
4.58
1.06
First Elite Capital Modaraba

2008
Items
118,182.
113,400.
2.Reserves
4,782.
0.0
4.Others
0.0
25,553.
12,717.
12,836.
143,735.
67,337.
13,961.
53,376.
76,398.
a.Fixed assets
1,791.
25,371.
49,236.
35,809.
10,065.
3.Operating profit
25,744.
1,095.
9,854.
9,854.
E.Other items
11,340.
2.Cash dividend
6.%
0.0
5,755.
8.34%
7.52%
6.86%
27.52%
102.14%
10.88%
.87
G.Liquidity Ratios
5.3
.18
17.65%
82.22%
10.42
I.Cash flow ratio
134
2012
(Thousand Rupees)
2009
2010
2011
2012
112,550.
117,680.
124,042.
128,065.
113,400.
113,400.
113,400.
113,400.
-850
4,280.
10,642.
14,665.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
32,568.
37,344.
44,098.
58,747.
14,290.
15,150.
9,358.
15,501.
18,278.
22,194.
34,740.
43,246.
145,118.
155,024.
168,140.
186,812.
47,099.
49,915.
59,789.
55,774.
10,439.
6,480.
16,825.
13,630.
36,660.
43,435.
42,964.
42,144.
98,019.
105,109.
108,351.
131,038.
1,620.
1,758.
2,969.
2,495.
21,057.
20,679.
12,274.
10,419.
75,342.
82,672.
93,108.
118,124.
41,064.
11,123.
29,941.
766.
6,893.
6,893.
48,178.
12,864.
35,314.
813.
7,320.
7,320.
11,340.
11,340.
4.5%
5.%
0.0
0.0
1,332. -6079
53,703.
15,048.
38,655.
979.
8,812.
8,812.
59,346.
16,829.
42,517.
1,003.
9,023.
9,023.
11,340.
11,340.
5.5%
5.5%
0.0
0.0
9,187. -3142
6.12%
5.27%
4.75%
16.79%
161.37%
6.89%
.61
6.22%
5.23%
4.72%
15.19%
175.74%
6.32%
.65
7.1%
5.55%
5.24%
16.41%
170.77%
6.51%
.78
7.05%
5.27%
4.83%
15.2%
186.51%
5.96%
.8
3.3
.22
14.51%
3.29
.24
13.34%
6.39
.26
7.3%
3.6
.31
5.58%
77.56%
9.93
75.91%
10.38
73.77%
10.94
68.55%
11.29
.19
.09
-.83
-.4
1.04
.98
-.35
-.2
First Equity Modaraba

2008
Items
574,163.
524,400.
2.Reserves
75,543.
-25780
4.Others
0.0
64,951.
63,842.
1,109.
639,114.
248,798.
52,857.
195,941.
390,316.
a.Fixed assets
16,964.
309,231.
64,121.
26,155.
20,966.
3.Operating profit
5,189.
0.0
7,566.
7,367.
E.Other items
52,440.
2.Cash dividend
0.0
0.0
-30463
1.28%
1.32%
1.15%
28.17%
284.59%
0.0
.14
G.Liquidity Ratios
3.9
.1
48.38%
89.84%
10.95
I.Cash flow ratio
135
2012
(Thousand Rupees)
2009
2010
2011
2012
544,464.
547,821.
562,818.
563,086.
524,400.
524,400.
524,400.
524,400.
75,689.
74,975.
75,156.
81,834.
-55625
-51554
-36738
-43148
0.0
0.0
0.0
0.0
46,040.
39,126.
50,839.
40,472.
45,035.
37,729.
49,232.
38,640.
1,005.
1,397.
1,607.
1,832.
590,504.
586,947.
613,657.
603,558.
232,708.
232,002.
257,776.
247,616.
10,757.
20,183.
57,258.
33,785.
221,951.
211,819.
200,518.
213,831.
357,796.
354,945.
355,881.
355,942.
15,189.
19,051.
18,580.
19,132.
278,917.
278,133.
280,390.
280,099.
63,690.
57,761.
56,911.
56,711.
22,801.
25,877.
20,946.
23,136.
1,855.
2,741.
0.0
0.0
346. -591
146. -714
17,888.
16,551.
1,337.
0.0
240.
180.
29,668.
17,283.
12,385.
0.0
8,905.
6,678.
52,440.
0.0
0.0
-30679
52,440.
0.0
0.0
13,607.
52,440.
0.0
0.0
17,511.
52,440.
0.0
0.0
5,204.
.03%
.06%
.02%
.64%
14,346.58%
0.0
0.0
-.13%
-.11%
-.12%
-2.76%
-3,240.34%
0.0
-.01
.03%
.04%
.03%
1.01%
9,195.%
0.0
0.0
1.19%
1.58%
1.11%
22.51%
258.81%
0.0
.13
5.17
.08
47.23%
6.15
.07
47.39%
5.24
.08
45.69%
6.41
.07
46.41%
92.2%
10.38
93.33%
10.45
91.72%
10.73
93.29%
10.74
-210.13
-.68
-19.06
.36
97.28
.36
.78
.13
First Fidelity Leasing Modaraba

2008
Items
351,545.
264,138.
2.Reserves
58,064.
29,343.
4.Others
0.0
142,696.
60,781.
81,915.
494,241.
155,691.
34,160.
121,531.
338,550.
a.Fixed assets
181,426.
57,195.
99,929.
118,948.
24,960.
3.Operating profit
93,988.
4,631.
41,680.
41,680.
E.Other items
26,413.
2.Cash dividend
10.%
0.0
-8589
11.86%
9.62%
8.43%
35.04%
59.88%
18.55%
1.58
G.Liquidity Ratios
2.56
.29
11.57%
71.13%
13.31
I.Cash flow ratio
136
2012
(Thousand Rupees)
2009
2010
2011
2012
326,707.
325,202.
335,186.
352,807.
264,138.
264,138.
264,138.
264,138.
61,914.
72,258.
75,297.
79,343.
-4249
655. -11194
9,326.
0.0
0.0
0.0
0.0
131,052.
107,665.
40,043.
68,132.
69,246.
86,547.
30,428.
60,206.
61,806.
21,118.
9,615.
7,926.
457,759.
432,867.
375,229.
420,939.
105,432.
199,227.
136,244.
149,923.
5,469.
13,405.
16,490.
11,724.
99,963.
185,822.
119,754.
138,199.
352,327.
233,640.
238,985.
271,016.
105,765.
75,272.
29,776.
231,348.
59,881.
4,574.
106,403.
0.0
186,681.
153,794.
102,806.
39,668.
71,449.
21,077.
50,372.
0.0
-2580
-2274
26,413.
0.0
0.0
15,893.
55,884.
18,438.
37,446.
0.0
-11530
-11849
71,466.
20,746.
50,720.
984.
8,680.
8,680.
45,368.
17,933.
27,435.
2,018.
18,166.
16,970.
26,413.
26,413.
26,413.
0.0
0.0
5.%
0.0
0.0
0.0
-7849
24,329. -45926
-.7%
-.66%
-.5%
-3.18%
-926.87%
0.0
-.09
-3.64%
-3.33%
-2.74%
-21.2%
-155.61%
0.0
-.45
2.59%
2.52%
2.31%
12.15%
239.01%
4.74%
.33
4.81%
5.04%
4.03%
37.41%
105.67%
11.25%
.64
1.52
.29
13.08%
2.3
.25
1.06%
4.48
.11
28.36%
2.49
.16
0.0
71.37%
12.37
75.13%
12.31
89.33%
12.69
83.81%
13.36
-6.99
.23
-2.05
.28
-5.29
-1.51
-.46
-.13
First Imrooz Modaraba

2008
Items
92,442.
30,000.
2.Reserves
47,123.
15,319.
4.Others
0.0
115,434.
110,573.
4,861.
207,876.
201,130.
57,750.
143,380.
6,746.
a.Fixed assets
6,746.
0.0
0.0
51,205.
20,795.
3.Operating profit
30,410.
2,712.
31,185.
15,167.
E.Other items
3,000.
2.Cash dividend
40.%
0.0
9,214.
16.41%
32.05%
7.3%
29.62%
137.11%
13.04%
5.06
G.Liquidity Ratios
1.82
.56
0.0
44.47%
30.81
I.Cash flow ratio
137
2012
(Thousand Rupees)
2009
2010
2011
2012
102,508.
112,178.
116,951.
119,500.
30,000.
30,000.
30,000.
30,000.
49,329.
55,043.
60,558.
65,478.
23,179.
27,135.
26,393.
24,022.
0.0
0.0
0.0
0.0
83,809.
112,811.
199,437.
228,508.
76,989.
104,671.
190,541.
217,317.
6,820.
8,140.
8,896.
11,191.
186,317.
224,989.
316,388.
348,008.
180,878.
216,965.
310,020.
341,734.
48,054.
6,888.
17,555.
28,404.
132,824.
210,077.
292,465.
313,330.
5,439.
8,024.
6,368.
6,274.
5,248.
7,535.
6,034.
6,090.
0.0
0.0
0.0
0.0
191.
489.
334.
184.
58,779.
22,507.
36,272.
2,607.
29,982.
22,065.
78,068.
25,521.
52,547.
4,204.
48,341.
28,570.
92,555.
29,425.
63,130.
5,360.
54,192.
27,573.
98,804.
35,347.
63,457.
5,441.
55,018.
24,599.
3,000.
3,000.
63.%
76.%
0.0
0.0
13,745. -40221
3,000.
73.5%
0.0
5,787.
3,000.
65.%
0.0
8,917.
21.53%
27.42%
11.84%
37.54%
102.%
11.58%
7.36
25.47%
40.18%
12.7%
36.6%
89.33%
16.47%
9.52
23.58%
43.06%
8.71%
29.79%
106.72%
18.22%
9.19
20.58%
42.1%
7.07%
24.9%
143.69%
15.39%
8.2
2.35
.45
0.0
2.07
.5
0.0
1.63
.63
0.0
1.57
.66
0.0
55.02%
34.17
49.86%
37.39
36.96%
38.98
34.34%
39.83
.62
.18
-1.41
-.38
.21
.03
.36
.04
First Habib Bank Modaraba

2008
Items
620,804.
397,072.
2.Reserves
223,732.
0.0
4.Others
0.0
528,289.
347,426.
180,863.
1,149,093.
92,060.
9,514.
82,546.
1,057,033.
a.Fixed assets
1,048,156.
8,125.
752.
494,439.
9,137.
3.Operating profit
485,302.
2,334.
21,012.
21,012.
E.Other items
39,707.
2.Cash dividend
5.%
0.0
41,654.
3.38%
2.62%
1.83%
4.25%
43.48%
25.54%
.53
G.Liquidity Ratios
.26
.46
.71%
54.03%
15.63
I.Cash flow ratio
138
2012
(Thousand Rupees)
2009
2010
2011
2012
621,226.
647,617.
677,068.
706,648.
397,072.
397,072.
397,072.
397,072.
224,154.
250,545.
279,996.
309,576.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
205,939.
116,413.
132,543.
159,109.
120,604.
48,682.
53,523.
67,297.
85,335.
67,731.
79,020.
91,812.
827,165.
764,030.
809,611.
865,757.
69,097.
168,824.
206,987.
195,442.
4,073.
25,003.
21,639.
13,269.
65,024.
143,821.
185,348.
182,173.
758,068.
595,206.
602,624.
670,315.
757,915.
543,875.
492,809.
563,138.
0.0
51,179.
99,179.
99,211.
153.
152.
10,636.
7,966.
497,327.
9,522.
487,805.
2,198.
19,779.
19,779.
405,588.
10,233.
395,355.
4,997.
44,976.
44,976.
312,872.
11,926.
300,946.
7,952.
71,567.
71,567.
267,106.
14,472.
252,634.
9,007.
81,066.
81,066.
39,707.
5.%
0.0
334,985.
39,707.
11.%
0.0
287,475.
39,707.
13.%
0.0
77,317.
39,707.
14.75%
0.0
74,645.
3.18%
2.8%
2.39%
3.98%
48.14%
23.08%
.5
6.94%
6.29%
5.89%
11.09%
22.75%
48.83%
1.13
10.57%
9.47%
8.84%
22.87%
16.66%
66.68%
1.8
11.47%
10.15%
9.36%
30.35%
17.85%
62.24%
2.04
.57
.25
0.0
3.47
.15
6.7%
3.87
.16
12.25%
2.9
.18
11.46%
75.1%
15.65
84.76%
16.31
83.63%
17.05
81.62%
17.8
16.94
2.78
6.39
5.91
1.08
1.44
.92
1.11
First Habib Modaraba

2008
Items
2,846,818.
1,008,000.
2.Reserves
1,619,090.
219,728.
4.Others
0.0
1,178,832.
778,516.
400,316.
4,025,650.
1,303,313.
150,213.
1,153,100.
2,722,337.
a.Fixed assets
2,713,543.
1,211.
7,583.
1,666,786.
1,390,608.
3.Operating profit
276,178.
-29873
268,855.
268,855.
E.Other items
201,600.
2.Cash dividend
21.%
0.0
559,621.
9.44%
8.28%
6.68%
16.13%
517.23%
-2.15%
1.33
G.Liquidity Ratios
1.67
.29
.03%
70.72%
14.12
I.Cash flow ratio
139
2012
(Thousand Rupees)
2009
2010
2011
2012
2,618,148.
2,892,195.
3,059,624.
3,127,196.
1,008,000.
1,008,000.
1,008,000.
1,008,000.
1,407,211.
1,668,921.
1,825,693.
1,907,997.
202,937.
215,274.
225,931.
211,199.
0.0
0.0
0.0
0.0
663,054.
885,692.
1,015,590.
1,438,225.
527,696.
728,545.
820,814.
1,229,146.
135,358.
157,147.
194,776.
209,079.
3,281,202.
3,777,887.
4,075,214.
4,565,421.
1,163,360.
1,302,277.
1,531,467.
1,818,515.
302,136.
212,337.
111,528.
122,397.
861,224.
1,089,940.
1,419,939.
1,696,118.
2,117,842.
2,475,610.
2,543,747.
2,746,906.
2,103,719.
2,435,300.
2,372,955.
2,501,153.
80.
32,291.
162,256.
234,071.
14,043.
8,019.
8,536.
11,682.
1,666,234.
1,357,193.
309,041.
27,068.
243,613.
243,613.
317,651.
47,817.
269,834.
29,713.
267,421.
267,421.
346,280.
55,711.
290,569.
30,880.
277,922.
277,922.
378,915.
57,883.
321,032.
38,338.
345,045.
345,045.
201,600.
201,600.
20.%
21.%
0.0
0.0
805,462. -102404
201,600.
22.%
0.0
129,830.
201,600.
20.%
0.0
24,870.
9.3%
8.85%
7.42%
14.62%
557.11%
1.99%
1.21
9.25%
8.77%
7.08%
84.19%
17.88%
62.14%
1.33
9.08%
8.54%
6.82%
80.26%
20.05%
55.43%
1.38
11.03%
10.34%
7.56%
91.06%
16.78%
66.23%
1.71
2.2
.2
0.0
1.79
.23
.85%
1.87
.25
3.98%
1.48
.32
5.13%
79.79%
12.99
76.56%
14.35
75.08%
15.18
68.5%
15.51
3.31
1.53
-.38
-.14
.47
.16
.07
.02
First IBL Modaraba

2008
Items
171,959.
116,875.
2.Reserves
48,348.
6,736.
4.Others
85,000.
17,568.
3,695.
13,873.
274,527.
215,711.
21,956.
193,755.
58,816.
a.Fixed assets
27,405.
0.0
31,411.
25,619.
13,680.
3.Operating profit
11,939.
546.
4,916.
4,916.
E.Other items
11,687.
2.Cash dividend
5.%
0.0
-25767
2.86%
1.82%
1.79%
19.19%
278.28%
3.99%
.42
G.Liquidity Ratios
58.38
.06
0.0
62.64%
14.71
I.Cash flow ratio
2.Cash generated from operating activities to current liabilities (E4/B1) (times)-6.97
140
2012
(Thousand Rupees)
2009
2010
2011
2012
239,066.
247,982.
230,977.
191,324.
201,875.
201,875.
201,875.
201,875.
31,892.
39,142.
39,172.
39,993.
-50544
5,299.
6,965. -10070
0.0
0.0
0.0
0.0
130,802.
131,900.
67,831.
44,392.
126,999.
127,681.
58,463.
41,688.
3,803.
4,219.
9,368.
2,704.
369,868.
379,882.
298,808.
235,716.
307,893.
338,249.
196,738.
140,645.
1,144.
1,058.
1,976.
46.
306,749.
337,191.
194,762.
140,599.
61,975.
41,633.
102,070.
95,071.
22,935.
4,248.
2,777.
1,146.
7,809.
0.0
38,857.
29,461.
31,231.
37,385.
60,436.
64,464.
34,037.
13,474.
20,563.
183.
1,644.
1,644.
60,205.
49,576.
8,837.
40,739.
15,158.
12,687.
19,466.
34,418. -3850
0.0
0.0
0.0
-40473
2,082. -10190
-40473
2,082. -10190
20,188.
0.0
0.0
9,496.
20,188.
3.%
0.0
3,804.
.69%
.68%
.44%
4.83%
819.59%
1.36%
.08
.84%
.83%
.55%
3.46%
1,956.72%
0.0
.1
-4.41%
-4.24%
-3.41%
-20.55%
-148.75%
0.0
-.5
-21.15%
-20.86%
-17.17%
-457.99%
-31.35%
0.0
-2.
2.42
.35
2.11%
2.65
.35
0.0
3.37
.23
13.%
3.37
.19
12.5%
64.64%
11.84
65.28%
12.28
77.3%
11.44
81.17%
9.48
5.78
.07
1.83
.03
-6.07
1.06
.27
-.26
20,188.
20,188.
0.0
0.0
0.0
0.0
61,838. -11024
KASB Modaraba
2008
Items
42,716.
83,160.
2.Reserves
8,734.
-49178
4.Others
19,958.
169,833.
80,309.
89,524.
232,507.
125,038.
33,845.
91,193.
107,469.
a.Fixed assets
1,803.
0.0
105,666.
10,700.
14,516.
-3816
3.Operating profit
0.0
7,428.
8,078.
E.Other items
8,316.
2.Cash dividend
0.0
0.0
-174184
18.91%
4.88%
3.47%
75.5%
179.7%
0.0
.97
G.Liquidity Ratios
1.56
.73
0.0
18.37%
5.14
I.Cash flow ratio
141
2012
(Thousand Rupees)
2009
2010
2011
2012
258,322.
275,418.
307,639.
330,222.
282,744.
282,744.
282,744.
282,744.
11,938.
20,486.
40,555.
60,894.
-36360
-27812
-15660
-13416
0.0 -665
0.0
0.0
185,191.
678,915.
806,234.
1,306,744.
159,906.
665,904.
633,387.
1,189,718.
25,285.
13,011.
172,847.
117,026.
443,513.
953,668.
1,113,873.
1,636,966.
302,421.
762,537.
801,245.
1,164,792.
128,714.
59,225.
109,829.
66,987.
173,707.
703,312.
691,416.
1,097,805.
141,092.
191,131.
312,628.
472,174.
7,643.
8,089.
10,534.
8,883.
17,020.
19,342.
18,959.
10,495.
116,429.
163,700.
283,135.
452,796.
41,990.
18,118.
23,872.
1,780.
16,023.
16,023.
28,274.
0.0
0.0
-4931
87,645.
24,895.
62,690.
1,899.
17,096.
17,096.
161,081.
34,102.
126,979.
4,460.
40,139.
40,139.
197,753.
41,513.
156,240.
4,520.
40,677.
40,677.
28,274.
28,274.
28,274.
2.8%
6.4%
6.5%
0.0
0.0
0.0
-529121
-27481
-472580
6.2%
5.65%
3.61%
38.16%
113.07%
9.82%
.57
6.21%
5.94%
1.79%
19.51%
145.62%
7.63%
.6
13.05%
8.35%
3.6%
24.92%
84.96%
13.08%
1.42
12.32%
9.09%
2.48%
20.57%
102.06%
10.89%
1.44
1.89
.42
3.84%
1.15
.71
2.03%
1.27
.72
1.7%
.98
.8
.64%
58.24%
9.14
28.88%
9.74
27.62%
10.88
20.17%
11.68
-.31
-.03
-30.95
-.79
-.68
-.04
-11.62
-.4
Modaraba Al-Mali
2008
Items
238,341.
184,240.
2.Reserves
55,453.
-1352
4.Others
1,039.
69,776.
48,266.
21,510.
309,156.
145,410.
72,278.
73,132.
163,746.
a.Fixed assets
125,644.
27,545.
10,557.
36,620.
38,800.
-2180
3.Operating profit
0.0
6,120.
6,120.
E.Other items
18,424.
2.Cash dividend
2.5%
0.0
98,787.
2.57%
2.35%
1.98%
16.71%
633.99%
0.0
.33
G.Liquidity Ratios
3.01
.23
8.91%
77.09%
12.94
I.Cash flow ratio
142
2012
(Thousand Rupees)
2009
2010
2011
2012
211,447.
199,045.
178,889.
176,201.
184,240.
184,240.
184,239.
184,239.
55,453.
55,964.
55,964.
55,964.
-28246
-41159
-61314
-64002
512.
0.0
0.0
0.0
50,926.
49,813.
34,163.
50,926.
36,622.
39,349.
28,061.
32,685.
14,304.
10,464.
6,102.
18,241.
262,885.
248,858.
213,052.
227,127.
63,408.
78,431.
71,328.
77,221.
10,490.
1,115.
3,237.
8,644.
52,918.
77,316.
68,091.
68,577.
199,477.
170,427.
141,724.
149,906.
124,211.
131,245.
132,728.
123,443.
33,104.
22,270.
0.0
0.0
42,162.
16,912.
8,996.
26,463.
30,258.
39,655.
-9397
61,498.
68,743.
-7245
0.0
-22287
-22287
-12913
-12913
85,484.
105,760.
79,468.
102,447.
6,016.
3,313.
0.0
0.0
0.0
-20015
-2430
-20155
-2689
18,424.
0.0
0.0
-45403
18,424.
0.0
0.0
12,776.
18,424.
0.0
0.0
20,887.
18,424.
0.0
0.0
26,281.
-10.54%
-9.85%
-8.48%
-73.66%
-177.93%
0.0
-1.21
-6.49%
-6.16%
-5.19%
-21.%
-532.35%
0.0
-.7
-11.27%
-10.82%
-9.46%
-23.58%
-394.28%
0.0
-1.09
-1.53%
-1.25%
-1.18%
-2.54%
-3,809.85%
0.0
-.15
1.73
.19
12.59%
1.99
.2
8.95%
2.54
.16
0.0
2.36
.22
0.0
80.43%
11.48
79.98%
10.8
83.96%
9.71
77.58%
9.56
2.04
-1.24
-.99
.32
-1.04
.74
-9.77
.8
First National Bank Modaraba

2008
Items
319,530.
250,000.
2.Reserves
24,906.
44,624.
-13057
4.Others
2,472,502.
1,640,342.
832,160.
2,778,975.
1,599,576.
12,265.
1,587,311.
1,179,399.
a.Fixed assets
1,998.
1,176,562.
839.
227,964.
16,432.
3.Operating profit
211,532.
3,529.
31,763.
31,763.
E.Other items
25,000.
2.Cash dividend
10.%
0.0
398,409.
9.94%
2.79%
1.14%
13.93%
51.73%
21.48%
1.27
G.Liquidity Ratios
.98
.89
42.34%
11.5%
12.78
I.Cash flow ratio
143
2012
(Thousand Rupees)
2009
2010
2011
2012
305,305.
331,540.
337,139.
339,776.
250,000.
250,000.
250,000.
250,000.
27,061.
32,308.
38,428.
43,955.
28,244.
49,232.
48,711.
45,821.
-16822
0.0
0.0
0.0
2,121,959.
1,429,718.
1,830,434.
1,623,192.
1,410,556.
1,153,656.
1,310,168.
1,148,885.
711,403.
276,062.
520,266.
474,307.
2,410,442.
1,761,258.
2,167,573.
1,962,968.
1,450,753.
1,024,130.
1,263,771.
961,656.
13,879.
5,019.
8,140.
17,415.
1,436,874.
1,019,111.
1,255,631.
944,241.
959,689.
737,128.
903,802.
1,001,312.
211,516.
420,938.
727,257.
892,906.
748,173.
314,887.
175,019.
104,975.
0.0
1,303.
1,526.
3,431.
352,479.
66,634.
285,845.
1,197.
10,775.
10,775.
370,064.
134,157.
235,907.
2,915.
26,234.
26,234.
473,558.
15,695.
457,863.
3,400.
30,600.
30,600.
605,821.
20,800.
585,021.
3,071.
27,637.
27,637.
25,000.
0.0
0.0
-398408
25,000.
10.%
0.0
833,512.
25,000.
10.%
0.0
240,594.
25,000.
10.%
0.0
772,304.
3.53%
1.08%
.45%
3.06%
618.41%
1.8%
.43
7.91%
4.32%
1.49%
7.09%
511.39%
2.17%
1.05
9.08%
3.57%
1.41%
6.46%
51.29%
21.66%
1.22
8.13%
3.39%
1.41%
4.56%
75.26%
14.76%
1.11
1.03
.88
31.04%
.89
.81
17.88%
.96
.84
8.07%
.84
.83
5.35%
12.67%
12.21
18.82%
13.26
15.55%
13.49
17.31%
13.59
-36.98
-.28
31.77
.72
7.86
.18
27.94
.67
First Pak Modaraba

2008
Items
96,920.
125,400.
2.Reserves
15,710.
-44190
4.Others
0.0
5,240.
3,932.
1,308.
102,160.
96,590.
44,470.
52,120.
5,570.
a.Fixed assets
80.
0.0
5,490.
14,282.
3,319.
3.Operating profit
10,963.
490.
6,121.
5,631.
E.Other items
12,540.
2.Cash dividend
3.%
0.0
-6315
5.81%
6.23%
5.51%
39.43%
58.94%
14.76%
.45
G.Liquidity Ratios
24.57
.05
0.0
94.87%
7.73
I.Cash flow ratio
144
2012
2009
2010
59,416.
66,313.
125,400.
125,400.
15,466.
18,225.
-81450
-77312
0.0
0.0
4,784.
5,373.
4,175.
4,939.
609.
434.
64,200.
71,686.
60,771.
69,968.
1,532.
37,759.
59,239.
32,209.
3,429.
1,718.
124.
1,475.
0.0
0.0
3,305.
243.
3,574.
3,579.
-5
0.0 -766
33,498.
33,498.
(Thousand Rupees)
2011
2012
75,983.
72,853.
125,400.
125,400.
20,911.
21,288.
-70328
-73835
0.0
0.0
5,943.
5,713.
5,478.
5,426.
465.
287.
81,926.
78,566.
79,970.
76,537.
19,292.
9,086.
60,678.
67,451.
1,956.
2,029.
1,691.
548.
0.0
0.0
265.
1,481.
9,328.
4,646.
4,682.
8,831.
4,777.
4,054.
-1498
6,396.
6,897.
13,483.
13,432.
8,199.
4,800.
3,399.
0.0
1,878.
1,886.
12,540.
0.0
0.0
-45608
12,540.
3.%
0.0
19,167.
12,540.
12,540.
4.%
1.2%
0.0
0.0
11,997. -2015
56.38%
55.81%
52.18%
937.27%
10.68%
0.0
2.67
10.4%
9.58%
9.62%
73.94%
67.36%
-16.49%
.55
17.68%
17.64%
16.4%
152.1%
35.56%
-31.36%
1.07
2.59%
2.57%
2.4%
23.%
254.51%
0.0
.15
14.56
.07
0.0
14.17
.07
0.0
14.6
.07
0.0
14.11
.07
0.0
92.55%
4.74
92.5%
5.29
92.75%
6.06
92.73%
5.81
-1.36
-10.92
2.78
3.88
.89
2.19
-1.07
-.37
First Paramount Modaraba

2008
Items
108,957.
58,633.
2.Reserves
41,229.
9,095.
4.Others
0.0
96,827.
78,899.
17,928.
205,784.
107,105.
37,777.
69,328.
98,679.
a.Fixed assets
53,830.
3,577.
41,272.
28,339.
6,936.
3.Operating profit
21,403.
1,373.
12,359.
12,359.
E.Other items
5,863.
2.Cash dividend
14.%
0.0
33,147.
11.34%
9.74%
6.01%
43.61%
56.12%
19.8%
2.11
G.Liquidity Ratios
1.36
.47
1.74%
52.95%
18.58
I.Cash flow ratio
145
2012
(Thousand Rupees)
2009
2010
2011
2012
118,845.
126,764.
144,006.
153,805.
58,633.
58,633.
58,633.
58,633.
50,277.
56,127.
50,323.
61,407.
9,935.
12,004.
35,050.
33,765.
0.0
0.0
0.0
0.0
108,391.
121,778.
101,430.
115,362.
92,633.
103,623.
61,614.
42,063.
15,758.
18,155.
39,816.
73,299.
227,236.
248,542.
245,436.
269,167.
141,753.
184,095.
131,820.
164,523.
17,113.
30,310.
3,585.
18,954.
124,640.
153,785.
128,235.
145,569.
85,483.
64,447.
113,616.
104,644.
59,510.
29,104.
31,584.
31,699.
22,847.
35,340.
82,024.
72,937.
3,126.
3.
8.
8.
39,194.
6,679.
32,515.
2,011.
18,098.
18,098.
28,356.
14,476.
13,880.
731.
16,713.
16,713.
38,914.
18,562.
20,352.
1,440.
27,796.
27,796.
47,673.
18,308.
29,365.
2,933.
23,573.
23,573.
5,863.
15.%
0.0
25,305.
5,863.
5,863.
18.%
23.5%
0.0
0.0
19,587. -16004
5,863.
21.%
0.0
24,383.
15.23%
13.45%
7.96%
46.18%
36.9%
30.11%
3.09
13.18%
11.53%
6.72%
58.94%
86.62%
5.05%
2.85
19.3%
15.12%
11.33%
71.43%
66.78%
7.76%
4.74
15.33%
10.38%
8.76%
49.45%
77.67%
16.02%
4.02
1.53
.48
10.05%
1.78
.49
14.22%
2.14
.41
33.42%
3.91
.43
27.1%
52.3%
20.27
51.%
21.62
58.67%
24.56
57.14%
26.23
1.4
.27
1.17
.19
-.58
-.26
1.03
.58
First Prudential Modaraba

2008
Items
601,944.
872,177.
2.Reserves
113,586.
-383819
4.Others
0.0
151,660.
90,195.
61,465.
753,604.
498,192.
161,758.
336,434.
255,412.
a.Fixed assets
196,239.
6,809.
52,364.
148,549.
17,934.
3.Operating profit
130,615.
4,623.
41,788.
41,455.
E.Other items
87,218.
2.Cash dividend
3.%
0.0
-17336
6.89%
6.3%
5.5%
27.91%
43.26%
25.78%
.48
G.Liquidity Ratios
5.52
.2
.9%
79.88%
6.9
I.Cash flow ratio
146
2012
(Thousand Rupees)
2009
2010
2011
2012
472,061.
505,488.
512,997.
519,608.
872,177.
872,177.
872,177.
872,177.
113,586.
120,245.
126,899.
133,492.
-513702
-486934
-486079
-486061
0.0
0.0
0.0
0.0
109,666.
64,478.
59,127.
71,656.
80,295.
45,412.
32,278.
38,758.
29,371.
19,066.
26,849.
32,898.
581,727.
569,966.
572,124.
591,264.
415,671.
430,375.
462,482.
440,827.
98,265.
288,557.
24,763.
90,368.
317,406.
141,818.
437,719.
350,459.
166,056.
139,591.
109,642.
150,437.
117,129.
85,179.
66,500.
108,094.
7,286.
7,277.
7,721.
6,447.
41,641.
47,135.
35,421.
35,896.
119,615.
16,270.
103,345.
-103260
-103718
87,636.
18,851.
68,785.
0.0
32,835.
33,293.
87,176.
17,147.
70,029.
3,697.
33,270.
33,270.
91,329.
14,848.
76,481.
1,735.
32,969.
32,969.
87,218.
0.0
0.0
-17336
87,218.
3.%
0.0
90,373.
87,218.
3.%
0.0
62,649.
87,218.
3.%
0.0
74,543.
-21.97%
-20.59%
-17.83%
-86.71%
-15.69%
0.0
-1.19
6.59%
6.26%
5.84%
37.99%
56.62%
0.0
.38
6.49%
6.16%
5.82%
38.16%
51.54%
21.56%
.38
6.34%
5.97%
5.58%
36.1%
45.04%
11.69%
.38
5.18
.19
1.25%
9.48
.11
1.28%
14.33
.1
1.35%
11.37
.12
1.09%
81.15%
5.41
88.69%
5.8
89.67%
5.88
87.88%
5.96
.17
-.22
2.71
1.99
1.88
1.94
2.26
1.92
First Punjab Modaraba

2008
Items
443,635.
340,200.
2.Reserves
110,684.
-7249
4.Others
0.0
3,150,969.
2,021,160.
1,129,809.
3,594,604.
1,724,383.
38,611.
1,685,772.
1,870,221.
a.Fixed assets
1,802,881.
10,785.
56,555.
715,988.
18,172.
3.Operating profit
697,816.
1,891.
17,019.
17,019.
E.Other items
34,020.
2.Cash dividend
3.2%
0.0
-1473786
3.84%
1.08%
.47%
2.38%
106.77%
10.41%
.5
G.Liquidity Ratios
.85
.88
.3%
12.34%
13.04
I.Cash flow ratio
147
2012
(Thousand Rupees)
2009
2010
2011
2012
362,998.
370,029.
296,446.
142,698.
340,200.
340,200.
340,200.
340,200.
110,683.
114,199.
114,199.
128,065.
-87885
-84370
-157953
-325567
0.0
0.0
0.0
0.0
2,683,043.
2,295,069.
2,331,908.
1,767,981.
1,350,630.
1,188,896.
2,137,496.
1,622,398.
1,332,413.
1,106,173.
194,412.
145,583.
3,046,041.
2,665,098.
2,628,354.
1,910,679.
1,318,999.
1,143,033.
1,344,489.
1,099,166.
26,434.
42,247.
182,411.
58,509.
1,292,565.
1,100,786.
1,162,078.
1,040,657.
1,727,042.
1,522,065.
1,283,865.
811,513.
1,633,185.
1,447,816.
1,198,450.
743,457.
38,032.
19,553.
38,722.
21,622.
55,825.
54,696.
46,693.
46,434.
1,127,458.
24,129.
1,103,329.
0.0
90,829.
90,829.
990,266.
853,732.
617,354.
26,650.
32,608.
33,706.
963,616.
821,124.
583,648.
0.0
0.0
0.0
-167613
7,031. -70182
-167613
7,031. -70182
34,020.
0.0
0.0
488,814.
34,020.
1.%
0.0
317,145.
34,020.
0.0
0.0
90,069.
34,020.
0.0
0.0
348,219.
25.02%
5.36%
2.98%
8.06%
26.57%
0.0
2.67
1.9%
.48%
.26%
.71%
379.04%
0.0
.21
-23.67%
-14.3%
-2.67%
-8.22%
-46.46%
0.0
-2.06
-117.46%
-58.14%
-8.77%
-27.15%
-20.11%
0.0
-4.93
.98
.88
1.25%
.96
.86
.73%
.63
.89
1.47%
.68
.93
1.13%
11.92%
10.67
13.88%
10.88
11.28%
8.71
7.47%
4.19
5.38
.36
45.11
.27
-1.28
.04
-2.08
.21
Standard Chartered Modaraba

2008
Items
892,332.
453,835.
2.Reserves
351,533.
86,964.
4.Others
0.0
2,183,668.
1,782,628.
401,040.
3,076,000.
1,253,455.
16,420.
1,237,035.
1,822,545.
a.Fixed assets
4,036.
1,818,509.
0.0
273,008.
42,873.
3.Operating profit
230,135.
10,811.
97,299.
97,299.
E.Other items
45,383.
2.Cash dividend
16.%
0.0
-296283
10.9%
7.52%
3.16%
35.64%
44.06%
25.22%
2.14
G.Liquidity Ratios
.7
.71
59.12%
29.01%
19.66
I.Cash flow ratio
148
2012
(Thousand Rupees)
2009
2010
2011
2012
923,617.
928,614.
938,070.
960,694.
453,835.
453,835.
453,835.
453,835.
372,313.
388,289.
405,611.
425,793.
97,469.
86,490.
78,624.
81,066.
0.0
0.0
0.0
0.0
2,513,566.
2,676,451.
3,223,039.
5,170,931.
2,052,797.
2,317,417.
2,844,695.
4,480,681.
460,769.
359,034.
378,344.
690,250.
3,437,183.
3,605,065.
4,161,109.
6,131,625.
1,022,736.
1,131,602.
774,051.
740,526.
42,742.
77,804.
22,378.
10,315.
979,994.
1,053,798.
751,673.
730,211.
2,414,447.
2,473,463.
3,387,058.
5,391,099.
3,650.
1,953,662.
2,968,010.
4,336,366.
2,410,797.
519,601.
418,446.
1,054,417.
0.0
200.
602.
316.
513,324.
41,354.
471,970.
11,544.
103,899.
103,899.
45,383.
16.5%
0.0
-84021
850,201.
46,744.
802,980.
9,292.
79,880.
79,880.
1,121,884.
53,315.
1,068,569.
9,819.
86,607.
86,607.
1,679,681.
67,322.
1,612,359.
11,441.
100,911.
100,911.
45,383.
45,383.
45,383.
17.%
17.25%
17.5%
0.0
0.0
0.0
-1587546
251,783. -638235
11.25%
7.51%
3.02%
20.24%
39.8%
27.92%
2.29
8.6%
6.2%
2.22%
9.4%
58.52%
19.88%
1.76
9.23%
6.58%
2.08%
7.72%
61.56%
18.42%
1.91
10.5%
6.11%
1.65%
6.01%
66.71%
16.99%
2.22
.5
.73
70.14%
.49
.74
14.41%
.27
.77
10.06%
.17
.84
17.2%
26.87%
20.35
25.76%
20.46
22.54%
20.67
15.67%
21.17
-.81
-.04
3.15
.11
-7.37
-.22
-15.73
-.35
First Treet Manufacaturing Modaraba

2008
Items
111,649.
142,857.
2.Reserves
0.0
-31208
4.Others
0.0
423,589.
39,754.
383,835.
535,238.
378,932.
16,539.
362,393.
156,306.
a.Fixed assets
156,266.
0.0
40.
489,112.
19,877.
3.Operating profit
1.
0.0
-15618
-15618
E.Other items
14,286.
2.Cash dividend
0.0
0.0
-242943
-13.99%
-3.15%
-2.92%
-3.19%
-127.27%
0.0
-1.09
G.Liquidity Ratios
9.53
.79
0.0
20.86%
7.82
I.Cash flow ratio
149
2012
(Thousand Rupees)
2009
2010
2011
2012
428,285.
476,801.
878,189.
1,010,846.
500,000.
500,000.
800,000.
800,000.
0.0
24,258.
85,872.
179,960.
-71715
-47457
-7683
30,886.
0.0
0.0
0.0
504,000.
327,498.
471,211.
550,453.
150,354.
327,498.
264,521.
93,342.
150,354.
0.0
206,690.
457,111.
0.0
755,783.
948,012.
1,428,642.
1,665,200.
525,747.
609,334.
1,075,593.
1,313,386.
64,775.
38,627.
58,762.
367,208.
460,972.
570,707.
1,016,831.
946,178.
230,036.
338,678.
353,049.
351,814.
229,996.
323,704.
341,557.
322,813.
40.
14,974.
11,492.
29,001.
0.0
0.0
0.0
0.0
965,983.
28,623.
937,360.
0.0
-40507
-40507
119,001.
44,722.
74,279.
0.0
48,516.
48,516.
185,672.
60,891.
124,781.
0.0
123,228.
123,228.
279,655.
93,749.
185,906.
0.0
188,177.
188,177.
50,000.
50,000.
80,000.
0.0
0.0
0.0
0.0
0.0
0.0
-139423
-21958
-264449
80,000.
0.0
0.0
344,288.
-9.46%
-9.46%
-5.36%
-4.19%
-70.66%
0.0
-.81
10.18%
7.1%
5.12%
40.77%
92.18%
0.0
.97
14.03%
9.23%
8.63%
66.37%
49.41%
0.0
1.54
18.62%
12.42%
11.3%
67.29%
49.82%
0.0
2.35
1.61
.43
.01%
2.3
.5
1.58%
11.52
.39
.8%
8.74
.09
1.74%
56.67%
8.57
50.29%
9.54
61.47%
10.98
60.7%
12.64
3.44
-.43
-.45
-.08
-2.15
-2.83
1.83
2.29
First Tri-Star Modaraba

2008
Items
199,858.
211,631.
2.Reserves
26,176.
-37949
-11890
4.Others
37,633.
37,633.
0.0
225,601.
132,947.
269.
132,678.
92,654.
a.Fixed assets
8,909.
83,720.
25.
3,847.
3,342.
3.Operating profit
505.
0.0
504.
504.
E.Other items
21,163.
2.Cash dividend
0.0
0.0
-7003
.25%
.27%
.22%
13.1%
663.1%
0.0
.02
G.Liquidity Ratios
3.53
.17
37.11%
88.59%
9.44
I.Cash flow ratio
150
2012
(Thousand Rupees)
2009
2010
2011
2012
211,121.
208,545.
207,015.
207,015.
211,631.
211,631.
211,631.
211,631.
28,451.
30,053.
30,053.
30,053.
-28961
-33139
-34669
-34669
-17269
-18267
-17707
-17707
22,480.
70,768.
78,163.
78,163.
22,480.
70,768.
78,163.
78,163.
0.0
0.0
0.0
0.0
216,332.
261,046.
267,471.
267,471.
128,853.
177,207.
186,435.
186,435.
113.
1,686.
1,134.
1,134.
128,740.
175,521.
185,301.
185,301.
87,479.
83,839.
81,036.
81,036.
274.
244.
326.
326.
80,426.
79,183.
79,166.
79,166.
6,779.
4,412.
1,544.
1,544.
16,303.
3,772.
12,531.
1,265.
11,263.
11,263.
12,486.
2,560.
2,560.
3,678.
4,089.
4,089.
-1529
8,808. -1529
801.
0.0
0.0
-1530
8,006. -1530
-1530
8,006. -1530
21,163.
21,163.
21,163.
21,163.
5.%
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-490
-490
473. -7715
5.33%
5.81%
5.21%
69.09%
33.49%
33.54%
.53
3.84%
4.21%
3.07%
64.12%
45.94%
21.78%
.38
-.74%
-.81%
-.57%
-59.77%
-267.25%
0.0
-.07
-.74%
-.81%
-.57%
-59.77%
-267.25%
0.0
-.07
5.73
.1
37.18%
2.5
.27
30.33%
2.39
.29
29.6%
2.39
.29
29.6%
97.59%
9.98
79.89%
9.85
77.4%
9.78
77.4%
9.78
.04
.02
-.96
-.11
.32
-.01
.32
-.01
Trust Modaraba
2008
Items
243,563.
273,000.
-29437
2.Reserves
0.0
4.Others
0.0
28,005.
25,943.
2,062.
271,568.
203,502.
3,205.
200,297.
68,066.
a.Fixed assets
45,830.
21,953.
283.
18,674.
15,757.
3.Operating profit
2,917.
0.0
-1933
-1671
E.Other items
27,300.
2.Cash dividend
0.0
0.0
44,262.
-.69%
-.79%
-.62%
-8.95%
-942.97%
0.0
-.06
G.Liquidity Ratios
7.84
.1
8.08%
89.69%
8.92
I.Cash flow ratio
151
2012
(Thousand Rupees)
2009
2010
2011
2012
257,029.
279,582.
283,389.
280,647.
298,000.
298,000.
298,000.
298,000.
-40971
49,852.
60,361.
61,578.
-74972
-78931
0.0 -68270
0.0
0.0
0.0
0.0
43,023.
91,552.
93,825.
119,899.
15,551.
33,605.
27,052.
58,533.
27,472.
57,947.
66,773.
61,366.
300,052.
371,134.
377,214.
400,546.
189,713.
185,059.
191,959.
206,117.
8,161.
8,314.
16,777.
24,539.
181,552.
176,745.
175,182.
181,578.
110,339.
186,075.
185,255.
194,429.
89,797.
163,188.
166,923.
176,560.
20,328.
11,359.
11,523.
9,982.
214.
11,528.
6,809.
7,887.
47,498.
14,088.
33,410.
0.0
33,087.
33,087.
59,305.
8,950.
50,355.
2,272.
20,451.
23,397.
73,690.
13,703.
59,987.
2,335.
21,019.
21,019.
84,972.
17,067.
67,905.
1,346.
12,110.
12,110.
29,800.
0.0
0.0
56,419.
29,800.
5.%
0.0
94,764.
29,800.
5.%
0.0
56,182.
29,800.
0.0
0.0
72,553.
12.87%
11.63%
11.03%
69.66%
42.58%
0.0
1.11
8.37%
6.06%
6.3%
39.45%
38.25%
25.39%
.79
7.42%
6.%
5.57%
28.52%
65.19%
17.04%
.71
4.32%
3.54%
3.02%
14.25%
140.93%
7.89%
.41
12.2
.14
6.77%
5.51
.25
3.06%
7.1
.25
3.05%
3.52
.3
2.49%
85.66%
8.63
75.33%
9.38
75.13%
9.51
70.07%
9.42
1.71
3.63
4.05
2.82
2.67
2.08
5.99
1.24
First UDL Modaraba

2008
Items
439,590.
263,866.
2.Reserves
127,761.
47,963.
-1436
4.Others
150,044.
30,400.
119,644.
588,198.
443,867.
226,524.
217,343.
144,331.
a.Fixed assets
88,293.
55,964.
74.
69,083.
11,114.
3.Operating profit
57,969.
6,233.
56,093.
56,093.
E.Other items
26,386.
2.Cash dividend
10.%
0.0
67,326.
12.76%
10.06%
9.54%
81.2%
19.81%
56.08%
2.13
G.Liquidity Ratios
14.6
.26
9.51%
74.74%
16.66
I.Cash flow ratio
152
2012
(Thousand Rupees)
2009
2010
2011
2012
450,296.
474,679.
494,865.
504,804.
263,866.
263,866.
263,866.
263,866.
146,307.
161,538.
183,426.
193,330.
40,123.
49,275.
47,573.
47,608.
-115
25.
485. -203
163,626.
165,131.
165,266.
211,241.
38,470.
41,164.
35,266.
44,688.
125,156.
123,967.
130,000.
166,553.
613,947.
640,295.
659,928.
715,930.
433,941.
456,807.
466,860.
354,580.
59,740.
61,338.
250,848.
172,466.
374,201.
395,469.
216,012.
182,114.
180,006.
183,488.
193,068.
361,350.
107,290.
96,218.
149,875.
291,801.
72,642.
87,196.
42,218.
69,475.
74.
74.
975.
74.
90,164.
13,804.
76,360.
4,121.
37,093.
37,093.
105,954.
15,442.
90,512.
5,641.
50,768.
50,768.
146,409.
19,924.
126,485.
8,160.
73,442.
73,960.
155,209.
25,520.
129,689.
5,502.
49,518.
49,518.
26,386.
10.%
0.0
-85684
26,386.
12.5%
0.0
73,919.
26,386.
17.5%
0.0
283,764.
26,386.
15.%
0.0
136,278.
8.24%
6.45%
6.04%
41.14%
37.21%
29.85%
1.41
10.7%
8.47%
7.93%
47.92%
30.42%
36.53%
1.92
14.95%
11.76%
11.21%
50.52%
26.94%
40.96%
2.8
9.81%
7.38%
6.92%
31.9%
51.54%
21.56%
1.88
11.28
.27
11.83%
11.1
.26
13.62%
13.24
.25
6.4%
7.93
.3
9.7%
73.34%
17.07
74.13%
17.99
74.99%
18.75
70.51%
19.13
-2.31
-2.23
1.46
1.8
3.84
8.05
2.75
3.05
Unicap Modaraba
2008
Items
1,953.
136,400.
2.Reserves
8,739.
-143186
4.Others
0.0
3,622.
3,622.
0.0
5,575.
731.
647.
84.
4,844.
a.Fixed assets
0.0
4,844.
0.0
397.
265.
3.Operating profit
132.
0.0
784.
784.
E.Other items
13,640.
2.Cash dividend
0.0
0.0
633.
40.14%
40.14%
14.06%
197.48%
33.8%
0.0
.06
G.Liquidity Ratios
.2
.65
86.89%
35.03%
.14
I.Cash flow ratio
153
2012
2009
2010
1,953.
184.
136,400.
136,400.
8,739.
8,739.
-143186
-144955
0.0
0.0
3,622.
3,333.
3,622.
3,333.
0.0
0.0
5,575.
3,517.
731.
947.
647.
763.
84.
184.
4,844.
2,570.
0.0
0.0
4,844.
2,570.
0.0
0.0
397.
265.
132. -83
0.0
784. -83
784. -457
13,640.
0.0
0.0
633.
(Thousand Rupees)
2011
2012
-174
-359
136,400.
136,400.
8,739.
8,739.
-145313
-145498
0.0
0.0
3,326.
4,601.
3,326.
4,601.
0.0
0.0
3,152.
4,242.
594.
1,021.
428.
1,021.
166.
0.0
2,558.
3,221.
0.0
3,050.
2,558.
60.
0.0
111.
456.
539.
375.
720.
-345
0.0
521.
705.
-184
0.0
-357
-357
0.0
-182
-186
13,640.
13,640.
0.0
0.0
0.0
0.0
657. -334
13,640.
0.0
0.0
93.
40.14%
40.14%
14.06%
197.48%
33.8%
0.0
.06
-248.37%
-45.11%
-12.99%
-100.22%
-117.94%
0.0
-.03
205.17%
205.17%
-11.33%
-95.2%
-201.68%
0.0
-.03
51.81%
50.7%
-4.38%
-35.7%
-379.03%
0.0
-.01
.2
.65
86.89%
.28
.95
73.07%
.18
1.06
81.15%
.22
1.08
1.41%
35.03%
.14
5.23%
.01
-5.52%
-.01
-8.46%
-.03
.81
.17
-1.44
.2
.94
-.1
-.5
.02
E
P
XCHANGE OMPANIES
C
ERFORMANCE AT A
Exchange Companies exhibited an expansion in their balance sheet size durin

review. Total assets increased by 6.1 percent to stand at Rs 8.0 billion in CY12 a
billion in CY11.Increases in profit before and after taxation of 63.9 percent
respectively was recorded in CY12 over CY11.
A
NALYSIS OF ALANCE HEET

B OMPONENTS
Total equity increased from Rs 6.2 billion in

CY11 to Rs 6.7 billion in CY12 reflecting an
increase of 7.6 percent over CY11. Total
assets increased to Rs. 8.0 billion in CY12
from Rs. 7.6 billion in CY11, recording an
increase of 6.1 percent. Analysis also
revealed that exchange companies were held
around 50.8 percent of their total assets in the
form of highly liquid assets, i.e., cash and

bank balances because of their nature of
business. Further, the formation of total equity has mainly been through share
around 88.4 percent and 88.7 percent in CY11 and CY12 respectively.
P
ROFITABILITY AND
Gross revenue reached Rs 2.5 billion in CY12 showing an increase of 26.9 p
Administrative and general expenses increased from Rs 1.7 billion in CY11 to Rs
2500
1,963.1
1,711.3
2000
1500
Million Rs.
1000
500
0
CY 11
Revenue
Administrative and general expenses were 87.2 percent of the gross revenue in C
to 83.7 percent in CY12, showing increased operating efficiency in CY12 compar
LANCE
in their balance sheet size during the period under

stand at Rs 8.0 billion in CY12 as compared to Rs 7.6
after taxation of 63.9 percent and 61.0 percent

9000
8000
7000
6000
800.%
5000
4000
Million Rs.
2000
1000
0
3000
Total Equity
CY 11
CY 12
Growth
6,201.9
6,672.9
800.%
has mainly been through share capital which was

nd CY12 respectively.
O
PERATING FFICIENCY
E
2 showing an increase of 26.9 percent over CY11.
from Rs 1.7 billion in CY11 to Rs 2.1 billion in CY12.
Profit After Taxation
2,490.7
2,084.8
700.
600.
500.
400.
300.
Million Rs.
200.
152.7
266.2
100
CY 12
0
Admin. And Gen. Exp.
CY 11
percent of the gross revenue in CY11 which decreased

rating efficiency in CY12 compared to CY11. Profit
154
of Financial Sector
2012

2,000.%
1,000.%
600.%
0.0%
-200.%
-1,000.%
-2,000.%
Total
-3,000.%
Total Assets
Liabilities
1,355.1
7,584.6
1,327.3
8,045.4
-200.%
600.%
Profit Before Taxation
245.9
436.3
CY 12
before taxation increased from Rs 266.2 million in CY11 to Rs 436.3 million in CY

increase of 63.9 percent. Similarly, profit after taxation increased from Rs 152.7
Rs 245.9 million in CY12, recording an increase of 61.0 percent.
Return on capital employed (ROCE) and
ROE
Return on Assets (ROA) increased from 4.10

percent to 6.33 percent and 2.01 percent to
ROCE
3.06 percent respectively in CY12 over

CY11. Return on Equity also increased 2.46
ROA
2.%
percent in CY11 to 3.69 percent in CY12.

Breakup value per share increased from Rs.0.0
22.67 in CY11 to Rs. 23.33 in CY12.
155
2.%
2012
in CY11 to Rs 436.3 million in CY12 registering an
xation increased from Rs 152.7 million in CY11 to

of 61.0 percent.
3.7%
2.5%
6.3%
CY 12
4.1%
CY 11
3.1%
4.%
6.%
8.%
Exchange Companies - Overall

2008
Items
4,998,006.
1.Share capital
4,895,275.
2.Reserves
0.0
3.Accumulated profit (loss)
102,731.
4.Others
45,348.
1,628,023.
1,098,330.
529,693.
6,671,377.
1.Current assets(a + b)
4,716,762.
a.Cash & bank balances
2,770,981.
b.Other assets
1,945,781.
2.Non-current assets (a + b)
1,954,615.
a.Fixed assets
750,108.
b.Other assets
1,204,507.
1.Revenue
1,656,131.
1,416,706.
114,884.
91,581.
E.Other items
271,240.
2.Cash dividend
N/A
N/A
-3407508
1.83%
2.Return on capital employed (ROCE) (D3/C-B1)
2.06%
1.37%
12.33
.34
G.Liquidity ratios
1.Cash & bank balances to total assets (C1a/C)
41.54%
2.Cuurent assets to current liabilities (C1/B1) (times)
4.29
24.4%
74.92%
18.43
I.Cash flow ratios
2.Cash generated from operating activities to current liabilities (E4/B1) (times) -3.1
156
2012
(Thousand Rupees)
2009
2010
2011
2012
4,505,890.
5,527,361.
6,201,867.
6,672,900.
4,130,275.
4,941,910.
5,485,544.
5,916,044.
25,000.
45,000.
65,000.
162,775.
350,615.
540,451.
651,323.
594,081.
50,967.
5,355.
27,555.
45,221.
1,612,473.
1,788,558.
1,355,137.
1,327,282.
1,316,888.
1,454,242.
1,084,704.
1,157,383.
295,585.
334,316.
270,433.
169,899.
6,169,330.
7,321,274.
7,584,559.
8,045,403.
4,473,486.
5,536,325.
5,564,756.
6,029,941.
2,776,536.
3,794,976.
3,834,681.
4,087,892.
1,696,950.
1,741,349.
1,730,075.
1,942,049.
1,695,844.
1,784,949.
2,019,803.
2,015,462.
631,224.
643,969.
677,553.
561,620.
1,064,620.
1,140,980.
1,342,250.
1,453,842.
1,661,192.
1,157,100.
426,736.
281,093.
1,886,101.
1,486,355.
386,327.
254,462.
217,240.
N/A
N/A
1,963,110.
1,711,264.
266,193.
152,745.
2,490,744.
2,084,773.
436,323.
245,948.
273,555.
286,005.
268,019.
N/A
N/A
N/A
N/A
N/A
N/A
345,777. -87
691,603.
215,008.
6.24%
8.79%
4.56%
2.71
1.29
4.6%
6.58%
3.48%
3.85
.95
2.46%
4.1%
2.01%
6.43
.56
3.69%
6.33%
3.06%
4.78
.86
45.01%
3.4
26.14%
51.83%
3.81
24.43%
50.56%
5.13
17.87%
50.81%
5.21
16.5%
73.04%
20.74
75.5%
20.62
81.77%
22.67
82.94%
23.33
2.46
.53
.84
.15
2.26
.32
0.0
0.0
AA Exchange Co. (Pvt) Ltd.

2008
Items
118,497.
1.Share capital
115,000.
2.Reserves
0.0
3,497.
4.Others
30,000.
45,170.
22,862.
22,308.
193,667.
150,341.
138,070.
b.Other assets
12,271.
43,326.
a.Fixed assets
6,292.
b.Other assets
37,034.
1.Revenue
22,607.
20,722.
2,454.
1,296.
E.Other items
11,500.
2.Cash dividend
0.0
0.0
14,779.
1.09%
1.44%
.67%
8.44
.11
G.Liquidity ratios
71.29%
6.58
23.32%
61.19%
10.3
I.Cash flow ratios
157
2012
(Thousand Rupees)
2009
2010
2011
2012
208,455.
211,619.
219,742.
225,706.
200,000.
200,000.
200,000.
200,000.
0.0
0.0
0.0
0.0
8,455.
11,619.
19,742.
25,706.
0.0
0.0
0.0
0.0
13,324.
113,495.
151,143.
225,334.
12,883.
110,497.
146,762.
219,896.
441.
2,998.
4,381.
5,438.
221,779.
325,114.
370,885.
451,040.
160,080.
229,909.
276,113.
352,724.
151,615.
171,084.
206,215.
197,817.
8,465.
58,825.
69,898.
154,907.
61,699.
95,205.
94,772.
98,316.
4,442.
33,090.
31,881.
33,695.
57,257.
62,115.
62,891.
64,621.
52,020.
43,362.
6,981.
4,957.
95,228.
87,977.
5,420.
3,164.
20,000.
0.0
0.0
20,000.
0.0
0.0
57,635.
2.38%
3.34%
2.24%
6.21
.25
1.5%
2.53%
.97%
16.23
.16
3.7%
5.31%
2.19%
8.14
.41
2.64%
4.22%
1.32%
13.69
.3
68.36%
12.43
6.01%
52.62%
2.08
34.91%
55.6%
1.88
40.75%
43.86%
1.6
49.96%
93.99%
10.42
65.09%
10.58
59.25%
10.99
50.04%
11.29
-.3
-.11
18.22
.52
4.84
.27
-.09
0.0
-1468
111,056.
96,843.
11,902.
8,123.
147,691.
133,508.
9,749.
5,964.
20,000.
20,000.
0.0
0.0
0.0
0.0
-539
39,335.
Al-Hameed Int. Money Exchange (Pvt) Ltd.

2008
Items
198,148.
1.Share capital
200,000.
2.Reserves
0.0
-1852
4.Others
4,826.
28,396.
26,900.
1,496.
231,370.
52,105.
23,714.
b.Other assets
28,391.
179,265.
a.Fixed assets
124,396.
b.Other assets
54,869.
1.Revenue
11,094.
7,877.
-660
1,049.
E.Other items
200.
2.Cash dividend
0.0
0.0
-19602
.53%
-.32%
.45%
-11.93
5.25
G.Liquidity ratios
10.25%
1.94
12.27%
85.64%
990.74
I.Cash flow ratios
158
2012
(Thousand Rupees)
2009
2010
2011
2012
198,544.
199,585.
199,626.
204,769.
200,000.
200,000.
200,000.
200,000.
0.0
0.0
0.0
0.0
-1456
-415
-374
4,769.
4,584.
4,355.
4,137.
3,930.
33,916.
23,193.
19,969.
30,557.
31,944.
21,834.
18,514.
25,458.
1,972.
1,359.
1,455.
5,099.
237,044.
227,133.
223,732.
239,256.
59,597.
61,746.
64,846.
161,909.
15,146.
7,427.
9,055.
111,889.
44,451.
54,319.
55,791.
50,020.
177,447.
165,387.
158,886.
77,347.
119,111.
113,706.
108,886.
32,212.
58,336.
51,681.
50,000.
45,135.
8,158.
9,522.
630.
154.
5,520.
7,556.
9,266.
8,895.
10,206.
7,562.
-1527
243. -5084
-5263
812. -177
200.
0.0
0.0
200.
0.0
0.0
200.
0.0
0.0
1,746.
200.
0.0
0.0
13,725.
.08%
.31%
.06%
15.11
.77
.41%
.12%
.36%
36.6
4.06
-.09%
-2.48%
-.08%
-2.01
-.89
-2.57%
-.71%
-2.2%
-4.95
-26.32
6.39%
1.87
14.31%
3.27%
2.83
10.21%
4.05%
3.5
8.93%
46.77%
6.36
12.77%
83.76%
992.72
87.87%
997.93
89.23%
998.13
85.59%
1,023.85
-48.55
-.23
-9.21
-.34
-9.86
.09
-2.61
.54
-7477
-7477
Al-Rahim Exchange Co. (Pvt) Ltd.

2008
Items
199,356.
1.Share capital
205,410.
2.Reserves
-6054
4.Others
636.
636.
199,992.
139,121.
137,141.
b.Other assets
1,980.
60,871.
a.Fixed assets
9,334.
b.Other assets
51,537.
1.Revenue
6,409.
5,168.
1,241.
1,167.
E.Other items
2,054.
2.Cash dividend
7,610.
.59%
.62%
.58%
4.16
.57
G.Liquidity ratios
68.57%
218.74
.32%
99.68%
97.06
I.Cash flow ratios
2.Cash generated from operating activities to current liabilities (E4/B1) (times)
11.97
159
2012
(Thousand Rupees)
2009
2010
2011
2012
200,662.
201,231.
205,015.
204,574.
205,410.
205,410.
205,410.
205,410.
0.0
0.0
0.0
-4748
-4179
-395
-836
0.0
0.0
0.0
788.
337.
276.
677.
788.
337.
276.
677.
0.0
0.0
0.0
201,450.
201,568.
205,291.
205,251.
141,096.
142,001.
145,122.
146,111.
140,310.
138,737.
141,403.
141,695.
786.
3,264.
3,719.
4,416.
60,354.
59,567.
60,169.
59,140.
8,776.
7,957.
7,132.
6,317.
51,578.
51,610.
53,037.
52,823.
4,712.
6,727. -8068
1,306.
1,306.
2,054.
619.
664.
569.
4,477.
7,021.
8,616.
11,017.
2,481. -70
3,783. -441
4,053.
2,054.
0.0
0.0
786.
2,054.
0.0
0.0
2,898.
2,054.
0.0
0.0
788.
.65%
.65%
.65%
5.15
.64
.28%
.33%
.28%
-12.15
.28
1.85%
1.21%
1.84%
3.47
1.84
-.22%
-.03%
-.21%
-157.39
-.21
69.65%
179.06
.39%
68.83%
421.37
.17%
68.88%
525.8
.13%
69.03%
215.82
.33%
99.61%
97.69
99.83%
97.97
99.87%
99.81
99.67%
99.59
3.1
5.14
1.38
2.33
.77
10.5
-1.79
1.16
Al-Sahara Exchange Co. (Pvt) Ltd.

2008
Items
195,212.
1.Share capital
200,000.
2.Reserves
0.0
-4788
4.Others
0.0
6,069.
6,069.
0.0
201,281.
147,208.
137,428.
b.Other assets
9,780.
54,073.
a.Fixed assets
3,920.
b.Other assets
50,153.
1.Revenue
39,058.
39,269.
3,797.
2,468.
E.Other items
20,000.
2.Cash dividend
0.0
0.0
4,376.
1.26%
1.95%
1.23%
10.34
.12
G.Liquidity ratios
68.28%
24.26
3.02%
96.98%
9.76
I.Cash flow ratios
160
2012
2009
-
(Thousand Rupees)
2010
2011
2012
193,335.
195,581.
211,852.
200,000.
200,000.
200,000.
0.0
0.0
0.0
-6665
-4419
11,852.
0.0
0.0
0.0
31,814.
41,601.
38,161.
31,814.
41,601.
38,161.
0.0
0.0
0.0
225,149.
237,182.
250,013.
172,779.
181,454.
195,763.
151,940.
175,204.
184,826.
20,839.
6,250.
10,937.
52,370.
55,728.
54,250.
2,197.
5,180.
4,214.
50,173.
50,548.
50,036.
0.0
2,410.
4,152.
2,699.
2,594.
5,548.
3,455.
2,245.
55,727.
48,951.
12,867.
16,271.
20,000.
0.0
0.0
0.0
1.4%
2.15%
1.2%
.58
.13
1.15%
1.77%
.95%
1.61
.11
7.68%
6.07%
6.51%
3.8
.81
67.48%
5.43
14.13%
73.87%
4.36
17.54%
73.93%
5.13
15.26%
85.87%
9.67
82.46%
9.78
84.74%
10.59
0.0
0.0
5.11
.28
-.06
-.02
20,000.
20,000.
0.0
0.0
0.0
0.0
-943
11,478.
D. D Exchange Co. (Pvt) Ltd.

2008
Items
1.Share capital
2.Reserves
4.Others
b.Other assets
a.Fixed assets
b.Other assets
1.Revenue
E.Other items
2.Cash dividend
G.Liquidity ratios
I.Cash flow ratios
- (times)
161
2012
2009
-
2010
99,179.
100,000.
0.0
-821
0.0
1,691.
1,691.
0.0
100,870.
99,672.
99,306.
366.
1,198.
464.
734.
(Thousand Rupees)
2011
2012
94,580.
105,268.
100,000.
105,500.
0.0
0.0
-5420
-232
0.0
0.0
574.
2,464.
574.
2,464.
0.0
0.0
95,154.
107,732.
64,947.
72,926.
64,457.
72,068.
490.
858.
30,207.
34,806.
4,535.
6,124.
25,672.
28,682.
0.0
821.
1,681.
5,798.
-4582
-4599
19,322.
12,048.
3,426.
5,188.
10,000.
10,000.
0.0
0.0
0.0
0.0
-4893
586.
10,550.
0.0
0.0
5,715.
-821
-821
-.83%
-.83%
-.81%
-1.
-.08
-4.86%
-4.84%
-4.83%
-1.27
-.46
4.93%
3.25%
4.82%
3.52
.49
98.45%
58.94
1.68%
67.74%
113.15
.6%
66.9%
29.6
2.29%
98.32%
9.92
99.4%
9.46
97.71%
9.98
-.71
.35
1.06
-8.52
1.1
2.32
Dollar East Exchange Co. (Pvt) Ltd.

2008
Items
163,875.
1.Share capital
200,000.
2.Reserves
0.0
-36125
4.Others
1,700.
71,030.
71,030.
0.0
236,605.
145,795.
44,214.
b.Other assets
101,581.
90,810.
a.Fixed assets
26,886.
b.Other assets
63,924.
1.Revenue
82,406.
84,248.
478.
66.
E.Other items
2,000.
2.Cash dividend
0.0
0.0
-30930
.04%
.29%
.03%
176.25
.03
G.Liquidity ratios
18.69%
2.05
30.02%
69.26%
81.94
I.Cash flow ratios
1.Cash generated from operating activities to profit after tax. (E4/D4) (times)
-468.64
162
2012
2009
2010
169,434.
283,984.
200,000.
300,000.
0.0
0.0
-30566
-16016
0.0
0.0
217,859.
204,869.
216,159.
202,182.
1,700.
2,687.
387,293.
488,853.
294,820.
362,796.
26,990.
42,822.
267,830.
319,974.
92,473.
126,057.
28,715.
36,196.
63,758.
89,861.
105,399.
104,130.
8,713.
5,558.
117,167.
111,744.
11,991.
14,551.
2,000.
0.0
0.0
3,000.
0.0
0.0
-8068
-41700
(Thousand Rupees)
2011
2012
297,658.
400,019.
300,000.
400,000.
0.0
0.0
-2342
19.
0.0
0.0
-1780
20,385.
-3967
18,398.
2,187.
1,987.
295,878.
420,404.
156,186.
255,607.
61,663.
68,577.
94,523.
187,030.
139,692.
164,797.
50,402.
52,270.
89,290.
112,527.
143,169.
138,444.
15,105.
13,674.
187,954.
171,966.
26,302.
2,361.
3,000.
4,000.
0.0
0.0
0.0
0.0
-56916
42,723.
3.28%
5.09%
1.44%
11.95
2.78
5.12%
4.18%
2.98%
9.32
4.85
4.59%
.59%
4.62%
9.17
4.56
.56%
6.54
.59
6.97%
1.36
56.25%
8.76%
1.79
41.91%
20.84%
-39.37
-.6%
16.31%
13.89
4.85%
43.75%
84.72
58.09%
94.66
100.6%
99.22
95.15%
100.
-1.45
-.04
-2.87
-.21
3.12
-10.77
-24.11
-3.09
6.54%
Fairdeal Exchange Co. (Pvt) Ltd.

2008
Items
192,846.
1.Share capital
200,000.
2.Reserves
0.0
-7154
4.Others
0.0
14,069.
14,069.
0.0
206,915.
137,702.
120,512.
b.Other assets
17,190.
69,213.
a.Fixed assets
13,543.
b.Other assets
55,670.
1.Revenue
21,590.
17,253.
-3263
-3277
E.Other items
20,000.
2.Cash dividend
0.0
0.0
-1920
-1.7%
-1.69%
-1.58%
-5.29
-.16
G.Liquidity ratios
58.24%
9.79
6.8%
93.2%
9.64
I.Cash flow ratios
163
2012
(Thousand Rupees)
2009
2010
2011
2012
205,248.
206,933.
196,669.
181,511.
200,000.
200,000.
200,000.
200,000.
0.0
0.0
0.0
0.0
-18489
5,248.
6,933. -3331
0.0
0.0
0.0
0.0
12,343.
25,515.
4,467.
5,365.
10,343.
23,515.
1,467.
1,365.
2,000.
2,000.
3,000.
4,000.
217,591.
232,448.
201,136.
186,876.
143,503.
167,485.
134,683.
121,554.
135,273.
156,376.
67,965.
83,178.
8,230.
11,109.
66,718.
38,376.
74,088.
64,963.
66,453.
65,322.
12,592.
13,032.
14,457.
12,549.
61,496.
51,931.
51,996.
52,773.
33,191.
19,658.
13,515.
12,402.
27,373.
17,258.
11,701.
24,845.
25,525.
24,144.
-12442
2,526. -10059
-15158
1,685. -10264
20,000.
0.0
0.0
19,983.
20,000.
20,000.
0.0
0.0
0.0
0.0
-85084
13,602.
20,000.
0.0
0.0
16,193.
6.04%
6.52%
5.7%
1.45
.62
.81%
1.21%
.72%
9.84
.08
-5.22%
-5.04%
-5.1%
-2.54
-.51
-8.35%
-6.71%
-8.11%
-1.94
-.76
62.17%
13.87
5.67%
67.27%
7.12
10.98%
33.79%
91.81
2.22%
44.51%
89.05
2.87%
94.33%
10.26
89.02%
10.35
97.78%
9.83
97.13%
9.08
1.61
1.93
8.07
.58
8.29
-58.
-1.07
11.86
Glaxy Exchange (Pvt) Ltd.

2008
Items
202,979.
1.Share capital
210,000.
2.Reserves
0.0
-7021
4.Others
0.0
729.
729.
0.0
203,708.
93,737.
76,157.
b.Other assets
17,580.
109,971.
a.Fixed assets
59,971.
b.Other assets
50,000.
1.Revenue
33,618.
32,500.
1,118.
1,118.
E.Other items
21,000.
2.Cash dividend
0.0
0.0
1,971.
.55%
.55%
.55%
29.07
.05
G.Liquidity ratios
37.39%
128.58
.36%
99.64%
9.67
I.Cash flow ratios
2.Cash generated from operating activities to current liabilities (E4/B1) (times) 2.7
164
2012
(Thousand Rupees)
2009
2010
2011
2012
209,851.
209,279.
210,811.
227,085.
210,000.
210,000.
210,000.
210,000.
0.0
0.0
0.0
0.0
-149
-721
811.
17,085.
0.0
0.0
0.0
0.0
642.
837.
813.
2,792.
642.
837.
813.
2,792.
0.0
0.0
0.0
0.0
210,493.
210,116.
211,624.
229,877.
92,083.
103,153.
106,807.
173,898.
85,878.
100,076.
101,810.
156,230.
6,205.
3,077.
4,997.
17,668.
118,410.
106,963.
104,817.
55,979.
57,110.
54,363.
52,217.
3,379.
61,300.
52,600.
52,600.
52,600.
44,343.
40,501.
38,123.
40,899.
6,220. -398
6,220. -572
44,163.
42,166.
1,997.
1,532.
62,772.
44,394.
18,378.
16,274.
21,000.
0.0
0.0
6,714.
21,000.
0.0
0.0
6,058.
21,000.
21,000.
0.0
0.0
0.0
0.0
-4875
2,746.
2.96%
2.96%
2.95%
6.13
.3
-.27%
-.19%
-.27%
-102.76
-.03
.73%
.95%
.72%
21.11
.07
7.17%
8.09%
7.08%
2.42
.77
40.8%
143.43
.3%
47.63%
123.24
.4%
48.11%
131.37
.38%
67.96%
62.28
1.21%
99.7%
9.99
99.6%
9.97
99.62%
10.04
98.79%
10.81
1.08
10.46
-10.59
7.24
1.79
3.38
-.3
-1.75
H & H Exchange Co. (Pvt) Ltd.

2008
Items
279,854.
1.Share capital
300,000.
2.Reserves
0.0
-20146
4.Others
0.0
51,800.
51,800.
0.0
331,654.
199,005.
117,435.
b.Other assets
81,570.
132,649.
a.Fixed assets
11,382.
b.Other assets
121,267.
1.Revenue
89,719.
186,804.
-105384
-68948
E.Other items
300.
2.Cash dividend
0.0
0.0
-182589
-24.64%
-37.66%
-20.79%
-1.77
-229.83
G.Liquidity ratios
35.41%
3.84
15.62%
84.38%
932.85
I.Cash flow ratios
165
2012
(Thousand Rupees)
2009
2010
2011
2012
335,913.
365,636.
386,019.
436,017.
300,000.
300,000.
300,000.
400,000.
25,000.
45,000.
65,000.
10,900.
10,913.
20,636.
21,019.
25,117.
0.0
0.0
0.0
0.0
59,200.
71,245.
17,124.
59,913.
57,836.
69,931.
16,048.
58,352.
1,364.
1,314.
1,076.
1,561.
395,113.
436,881.
403,143.
495,930.
301,105.
342,427.
309,252.
377,472.
280,431.
322,275.
292,911.
338,515.
20,674.
20,152.
16,341.
38,957.
94,008.
94,454.
93,891.
118,458.
10,598.
12,016.
12,425.
12,878.
83,410.
82,438.
81,466.
105,580.
155,128.
49,596.
95,083.
56,059.
300.
0.0
0.0
164,232.
114,683.
57,370.
44,959.
29,723.
101,574.
55,800.
33,145.
20,382.
110,006.
61,725.
40,032.
24,999.
300.
300.
0.0
0.0
0.0
0.0
-26630
45,787.
400.
0.0
0.0
41,553.
16.69%
28.19%
14.19%
.52
186.86
8.13%
12.25%
6.8%
1.28
99.08
5.28%
8.56%
5.06%
1.68
67.94
5.73%
9.15%
5.04%
1.54
62.5
70.97%
5.21
14.98%
73.77%
4.9
16.31%
72.66%
19.27
4.25%
68.26%
6.47
12.08%
85.02%
1,119.71
83.69%
1,218.79
95.75%
1,286.73
87.92%
1,090.04
2.93
2.84
1.54
.65
-1.31
-1.66
1.66
.71
HBL Currency Exchange (Pvt) Ltd.

2008
Items
209,247.
1.Share capital
214,865.
2.Reserves
0.0
-5618
-274
4.Others
21,588.
21,588.
0.0
230,561.
221,829.
91,113.
b.Other assets
130,716.
8,732.
a.Fixed assets
5,347.
b.Other assets
3,385.
1.Revenue
35,358.
28,912.
6,322.
9,012.
E.Other items
21,486.
2.Cash dividend
0.0
0.0
16,196.
4.31%
3.03%
3.91%
4.57
.42
G.Liquidity ratios
39.52%
10.28
9.36%
90.76%
9.74
I.Cash flow ratios
166
2012
(Thousand Rupees)
2009
2010
2011
2012
259,990.
493,422.
535,043.
559,779.
214,865.
400,000.
400,000.
400,000.
0.0
0.0
0.0
0.0
45,125.
93,422.
135,043.
159,779.
0.0
0.0
0.0
0.0
10,447.
10,603.
10,728.
7,915.
10,200.
10,079.
9,588.
7,735.
247.
524.
1,140.
180.
270,437.
504,025.
545,771.
567,694.
210,745.
388,042.
425,978.
451,583.
202,769.
310,952.
364,116.
385,617.
7,976.
77,090.
61,862.
65,966.
59,692.
115,983.
119,793.
116,111.
4,781.
10,369.
14,151.
11,451.
54,911.
105,614.
105,642.
104,660.
115,692.
37,613.
78,065.
50,742.
127,153.
52,849.
74,304.
48,298.
131,400.
65,781.
65,618.
41,621.
112,886.
74,672.
38,214.
24,735.
21,486.
40,000.
0.0
0.0
0.0
0.0
-19391
42,766.
40,000.
0.0
0.0
59,817.
40,000.
0.0
0.0
23,951.
19.52%
30.%
18.76%
.48
2.36
9.79%
15.04%
9.58%
.71
1.21
7.78%
12.24%
7.63%
1.
1.04
4.42%
6.82%
4.36%
1.95
.62
74.98%
20.66
3.86%
61.69%
38.5
2.1%
66.72%
44.43
1.97%
67.93%
58.38
1.39%
96.14%
12.1
97.9%
12.34
98.03%
13.38
98.61%
13.99
.84
4.19
-.4
-1.92
1.44
6.24
.97
3.1
Habib Qatar International Exchange Pakistan (Pvt.) Ltd.

2008
Items
245,622.
1.Share capital
200,000.
2.Reserves
0.0
45,622.
4.Others
0.0
29,063.
26,137.
2,926.
274,685.
236,204.
146,386.
b.Other assets
89,818.
38,481.
a.Fixed assets
13,073.
b.Other assets
25,408.
1.Revenue
54,473.
27,904.
26,569.
24,608.
E.Other items
20,000.
2.Cash dividend
0.0
0.0
-3419457
10.02%
10.69%
8.96%
1.05
1.23
G.Liquidity ratios
53.29%
9.04
10.58%
89.42%
12.28
I.Cash flow ratios
-138.96
-130.83
167
2012
(Thousand Rupees)
2009
2010
2011
2012
320,288.
375,658.
376,192.
364,860.
200,000.
200,000.
200,000.
200,000.
0.0
0.0
0.0
0.0
120,288.
175,658.
176,192.
164,860.
0.0
0.0
0.0
0.0
24,732.
34,209.
66,654.
83,205.
20,177.
27,325.
59,657.
74,710.
4,555.
6,884.
6,997.
8,495.
345,020.
409,867.
442,846.
448,065.
275,737.
328,491.
362,070.
367,281.
122,657.
166,030.
201,968.
197,337.
153,080.
162,461.
160,102.
169,944.
69,283.
81,376.
80,776.
80,784.
18,915.
31,173.
30,037.
29,371.
50,368.
50,203.
50,739.
51,413.
142,553.
58,743.
83,810.
74,666.
189,170.
99,654.
89,516.
70,370.
173,700.
128,095.
47,087.
24,844.
220,445.
171,328.
49,125.
10,669.
20,000.
0.0
0.0
-17330
20,000.
0.0
0.0
70,204.
20,000.
0.0
0.0
60,330.
20,000.
0.0
0.0
20,533.
23.31%
25.8%
21.64%
.7
3.73
18.73%
23.4%
17.17%
1.11
3.52
6.6%
12.29%
5.61%
2.72
1.24
2.92%
13.16%
2.38%
3.49
.53
35.55%
13.67
7.17%
40.51%
12.02
8.35%
45.61%
6.07
15.05%
44.04%
4.92
18.57%
92.83%
16.01
91.65%
18.78
84.95%
18.81
81.43%
18.24
-.23
-.86
1.
2.57
2.43
1.01
1.92
.27
Money Link Exchange Co. (Pvt) Ltd.

2008
Items
209,424.
1.Share capital
200,000.
2.Reserves
0.0
9,424.
4.Others
0.0
23,533.
22,233.
1,300.
232,957.
134,402.
121,344.
b.Other assets
13,058.
98,555.
a.Fixed assets
46,466.
b.Other assets
52,089.
1.Revenue
24,851.
22,528.
4,709.
3,774.
E.Other items
200.
2.Cash dividend
0.0
0.0
17,271.
1.8%
2.23%
1.62%
4.78
18.87
G.Liquidity ratios
52.09%
6.05
10.1%
89.9%
1,047.12
I.Cash flow ratios
168
2012
(Thousand Rupees)
2009
2010
2011
2012
218,458.
213,883.
215,292.
336,076.
200,000.
200,000.
200,000.
300,000.
0.0
0.0
0.0
0.0
18,458.
13,883.
15,292.
36,076.
0.0
0.0
0.0
0.0
96,178.
25,959.
64,009.
1,252.
94,878.
25,959.
64,009.
1,252.
1,300.
0.0
0.0
0.0
314,636.
239,842.
279,301.
337,328.
216,527.
178,781.
220,281.
249,236.
201,144.
154,013.
194,376.
220,301.
15,383.
24,768.
25,905.
28,935.
98,109.
61,061.
59,020.
88,092.
45,253.
8,369.
7,802.
12,244.
52,856.
52,692.
51,218.
75,848.
44,202.
33,925.
37,568.
39,245.
9,955. -3781
9,137. -4574
39,974.
45,855.
803.
803.
57,563.
44,192.
20,871.
20,871.
200.
200.
0.0
0.0
0.0
0.0
-79639
83,304.
200.
300.
0.0
0.0
0.0
0.0
-68721
40,661.
4.18%
4.53%
2.9%
3.77
45.69
-2.14%
-1.77%
-1.91%
-10.38
-22.87
.37%
.37%
.29%
57.1
4.02
6.21%
6.21%
6.19%
2.12
69.57
63.93%
2.28
30.57%
64.21%
6.89
10.82%
69.59%
3.44
22.92%
65.31%
199.07
.37%
69.43%
1,092.29
89.18%
1,069.42
77.08%
1,076.46
99.63%
1,120.25
9.12
.88
17.41
-3.07
50.64
.64
-3.29
-54.89
NBP Exchange Co. Ltd.

2008
Items
362,892.
1.Share capital
300,000.
2.Reserves
0.0
62,892.
4.Others
0.0
513,525.
62,877.
450,648.
876,417.
775,273.
189,773.
b.Other assets
585,500.
101,144.
a.Fixed assets
9,331.
b.Other assets
91,813.
1.Revenue
100,454.
28,743.
71,712.
46,497.
E.Other items
30,000.
2.Cash dividend
0.0
0.0
16,024.
12.81%
8.81%
5.31%
.4
1.55
G.Liquidity ratios
21.65%
12.33
58.59%
41.41%
12.1
I.Cash flow ratios
169
2012
(Thousand Rupees)
2009
2010
2011
2012
512,490.
534,596.
555,244.
594,176.
300,000.
300,000.
300,000.
405,000.
0.0
0.0
0.0
151,875.
212,490.
234,596.
255,244.
37,301.
0.0
0.0
22,218.
40,091.
379,283.
301,841.
229,327.
152,337.
117,123.
107,117.
109,200.
114,094.
262,160.
194,724.
120,127.
38,243.
891,773.
836,437.
806,789.
786,604.
793,626.
822,751.
794,898.
771,885.
190,379.
215,117.
62,407.
166,553.
603,247.
607,634.
732,491.
605,332.
98,147.
13,686.
11,891.
14,719.
11,278.
12,229.
10,552.
12,674.
86,869.
1,457.
1,339.
2,045.
125,569.
32,055.
56,221.
24,320.
126,338.
43,057.
50,296.
22,106.
126,533.
53,650.
43,703.
20,648.
148,003.
59,986.
64,947.
38,932.
30,000.
30,000.
0.0
0.0
0.0
0.0
-27420
16,024.
30,000.
0.0
0.0
14,104.
40,500.
0.0
0.0
38,619.
4.75%
7.26%
2.73%
.57
.81
4.14%
6.9%
2.64%
.86
.74
3.72%
6.26%
2.56%
1.23
.69
6.55%
9.66%
4.95%
.92
.96
21.35%
6.78
42.53%
25.72%
7.68
36.09%
7.74%
7.28
28.42%
21.17%
6.77
19.37%
57.47%
17.08
63.91%
17.82
68.82%
18.51
75.54%
14.67
.66
.14
-1.24
-.26
.68
.13
.99
.34
Noble Exchange International Co. (Pvt) Ltd.

2008
Items
199,996.
1.Share capital
200,000.
2.Reserves
0.0
-4
4.Others
1,500.
1,966.
1,966.
0.0
203,462.
138,891.
92,089.
b.Other assets
46,802.
64,571.
a.Fixed assets
13,479.
b.Other assets
51,092.
1.Revenue
32,859.
32,679.
342.
178.
E.Other items
20,000.
2.Cash dividend
0.0
0.0
-23061
.09%
.17%
.09%
95.55
.01
G.Liquidity ratios
45.26%
70.65
.97%
98.3%
10.
I.Cash flow ratios
-129.56
-11.73
170
2012
(Thousand Rupees)
2009
2010
2011
2012
203,284.
189,823.
180,614.
185,970.
200,000.
200,000.
200,000.
200,000.
0.0
0.0
0.0
0.0
-19386
-14030
3,284. -10177
1,200.
1,000.
1,200.
1,200.
18,046.
1,133.
1,435.
3,308.
18,046.
1,133.
1,435.
3,308.
0.0
0.0
0.0
0.0
222,530.
191,956.
183,249.
190,478.
155,110.
127,032.
120,820.
127,822.
122,081.
125,297.
109,905.
98,203.
33,029.
1,735.
10,915.
29,619.
67,420.
64,924.
62,429.
62,656.
12,528.
12,487.
11,525.
11,196.
54,892.
52,437.
50,904.
51,460.
20,472.
3,329.
6,484.
21,024.
21,438.
19,548.
-9137
5,682. -13445
-9209
3,289. -13461
2,000.
0.0
0.0
30,665.
19,021.
20,052.
5,331.
5,356.
2,000.
2,000.
2,000.
0.0
0.0
0.0
0.0
0.0
0.0
-17108
-12427
4,326.
1.62%
2.78%
1.48%
3.7
1.64
-7.09%
-7.05%
-7.01%
-1.59
-6.73
-5.1%
-5.03%
-5.03%
-2.14
-4.6
2.88%
2.85%
2.81%
3.76
2.68
54.86%
8.6
8.11%
65.27%
112.12
.59%
59.98%
84.2
.78%
51.56%
38.64
1.74%
91.35%
101.64
98.89%
94.91
98.56%
90.31
97.63%
92.99
9.32
1.7
-.32
3.82
1.86
-11.92
-2.32
-3.76
P B S Exchange (Pvt) Ltd.

2008
Items
144,817.
1.Share capital
200,000.
2.Reserves
0.0
-55183
4.Others
0.0
41,556.
573.
40,983.
186,373.
62,845.
60,358.
b.Other assets
2,487.
123,528.
a.Fixed assets
66,128.
b.Other assets
57,400.
1.Revenue
39,394.
41,413.
644.
434.
E.Other items
2,000.
2.Cash dividend
0.0
0.0
0.0
.3%
.35%
.23%
64.31
.22
G.Liquidity ratios
32.39%
109.68
22.3%
77.7%
72.41
I.Cash flow ratios
2.Cash generated from operating activities to current liabilities (E4/B1) (times) 0.0
171
2012
(Thousand Rupees)
2009
2010
2011
2012
146,379.
148,337.
205,743.
208,581.
200,000.
200,000.
250,000.
250,000.
0.0
0.0
0.0
0.0
-53621
-51663
-44257
-41419
45,183.
0.0
0.0
0.0
1,668.
89,961.
36,957.
3,312.
1,668.
6,635.
3,630.
2,480.
0.0
83,326.
33,327.
832.
193,230.
238,298.
242,700.
211,893.
68,134.
113,546.
115,773.
72,605.
65,207.
110,603.
77,890.
34,793.
2,927.
2,943.
37,883.
37,812.
125,096.
124,752.
126,927.
139,288.
69,148.
68,028.
67,279.
65,653.
55,948.
56,724.
59,648.
73,635.
45,667.
49,410.
2,403.
1,562.
58,399.
61,190.
3,012.
1,958.
75,339.
72,570.
8,214.
7,406.
79,174.
79,745.
4,723.
2,837.
2,000.
0.0
0.0
0.0
2,000.
0.0
0.0
0.0
2,500.
0.0
0.0
0.0
2,500.
0.0
0.0
0.0
1.07%
1.25%
.81%
20.56
.78
1.32%
1.3%
.82%
20.32
.98
3.6%
3.44%
3.05%
8.83
2.96
1.36%
2.26%
1.34%
16.88
1.13
33.75%
40.85
.86%
46.41%
17.11
37.75%
32.09%
31.89
15.23%
16.42%
29.28
1.56%
75.75%
73.19
62.25%
74.17
84.77%
82.3
98.44%
83.43
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Pakistan Currency Exchange Co. (Pvt) Ltd.

2008
Items
204,406.
1.Share capital
200,000.
2.Reserves
0.0
4,406.
4.Others
0.0
18,540.
9,904.
8,636.
222,946.
152,503.
90,404.
b.Other assets
62,099.
70,443.
a.Fixed assets
17,770.
b.Other assets
52,673.
1.Revenue
221,403.
209,767.
8,313.
5,539.
E.Other items
2,000.
2.Cash dividend
0.0
0.0
-6268
2.71%
3.9%
2.48%
25.23
2.77
G.Liquidity ratios
40.55%
15.4
8.32%
91.68%
102.2
I.Cash flow ratios
172
2012
(Thousand Rupees)
2009
2010
2011
2012
208,093.
320,971.
413,441.
427,324.
200,000.
300,000.
400,000.
400,000.
0.0
0.0
0.0
0.0
8,093.
20,971.
13,441.
27,324.
0.0
0.0
0.0
0.0
400,075.
312,275.
273,121.
279,347.
382,915.
286,579.
237,727.
244,998.
17,160.
25,696.
35,394.
34,349.
608,168.
633,246.
686,562.
706,671.
523,598.
544,550.
556,912.
545,519.
267,979.
435,977.
459,776.
380,689.
255,619.
108,573.
97,136.
164,830.
84,570.
88,696.
129,650.
161,152.
32,491.
36,037.
46,550.
53,650.
52,079.
52,659.
83,100.
107,502.
353,552.
310,405.
9,972.
3,687.
416,252.
430,936.
400,090.
436,796.
19,364.
1,413.
12,877. -7529
558,604.
544,856.
19,757.
13,883.
2,000.
0.0
0.0
19,425.
2,000.
0.0
0.0
167,546.
4,000.
4,000.
0.0
0.0
0.0
0.0
-38242
75,877.
1.77%
4.43%
.61%
31.13
1.84
4.01%
5.59%
2.03%
20.66
6.44
-1.82%
.31%
-1.1%
309.13
-1.88
3.25%
4.28%
1.96%
27.58
3.47
44.06%
1.37
65.78%
68.85%
1.9
49.31%
66.97%
2.34
39.78%
53.87%
2.23
39.53%
34.22%
104.05
50.69%
160.49
60.22%
103.36
60.47%
106.83
5.27
.05
13.01
.58
-10.08
.32
-2.75
-.16
Paracha International Exchange (Pvt.) Ltd.

2008
Items
189,819.
1.Share capital
200,000.
2.Reserves
0.0
-10181
4.Others
0.0
11,423.
11,423.
0.0
201,242.
114,215.
35,749.
b.Other assets
78,466.
87,027.
a.Fixed assets
80,936.
b.Other assets
6,091.
1.Revenue
33,784.
-11128
22,656.
27,486.
E.Other items
20,000.
2.Cash dividend
0.0
0.0
12,327.
14.48%
11.94%
13.66%
-.49
1.37
G.Liquidity ratios
17.76%
10.
5.68%
94.32%
9.49
I.Cash flow ratios
173
2012
(Thousand Rupees)
2009
2010
2011
2012
187,019.
197,298.
197,992.
226,747.
200,000.
200,000.
200,000.
200,000.
0.0
0.0
0.0
0.0
-12981
-2702
-2008
26,747.
0.0
0.0
0.0
0.0
75,119.
53,026.
91,615.
64,339.
75,119.
53,026.
49,251.
16,119.
0.0
0.0
42,364.
48,220.
262,138.
250,324.
289,607.
291,086.
182,878.
125,537.
168,440.
180,010.
106,747.
103,117.
130,454.
112,660.
76,131.
22,420.
37,986.
67,350.
79,260.
124,787.
121,167.
111,076.
75,786.
68,043.
61,435.
55,563.
3,474.
56,744.
59,732.
55,513.
35,797.
36,097.
-299
-2800
36,391.
31,454.
27,097.
33,807.
9,294. -2352
10,279.
694.
20,000.
20,000.
0.0
0.0
0.0
0.0
-2737
74,696.
85,255.
45,017.
40,239.
28,755.
20,000.
20,000.
0.0
0.0
0.0
0.0
-19497
28,793.
-1.5%
-.16%
-1.07%
-120.73
-.14
5.21%
4.71%
4.11%
2.92
.51
.35%
-.98%
.24%
-14.37
.03
12.68%
14.63%
9.88%
1.12
1.44
40.72%
2.43
28.66%
41.19%
2.37
21.18%
45.05%
3.42
31.63%
38.7%
11.17
22.1%
71.34%
9.35
78.82%
9.86
68.37%
9.9
77.9%
11.34
-26.68
.99
-.27
-.05
41.49
.58
-.68
-1.21
Paragon Exchange (Pvt) Ltd.

2008
Items
1.Share capital
2.Reserves
4.Others
b.Other assets
a.Fixed assets
b.Other assets
1.Revenue
E.Other items
2.Cash dividend
G.Liquidity ratios
I.Cash flow ratios
- (times)
174
2012
2009
-
2010
-
(Thousand Rupees)
2011
2012
92,707.
84,354.
100,000.
100,000.
0.0
0.0
-7293
-15646
0.0
0.0
1,111.
1,559.
1,111.
1,098.
0.0
461.
93,818.
85,913.
55,884.
51,789.
54,897.
50,425.
987.
1,364.
37,934.
34,124.
7,760.
7,047.
30,174.
27,077.
47.
15,013.
11,237.
19,289.
-11190
-3845
-7293
-8353
-7.87%
-12.07%
-7.77%
-1.
-72.93
-9.9%
-4.53%
-9.72%
-5.02
-83.53
58.51%
50.3
1.18%
58.69%
47.17
1.81%
98.82%
927.07
98.19%
843.54
1.48
-9.7
.31
-2.34
100.
0.0
0.0
-10776
100.
0.0
0.0
-2565
Ravi Exchange Co. (Pvt.) Ltd.

2008
Items
200,059.
1.Share capital
200,000.
2.Reserves
0.0
59.
4.Others
0.0
4,756.
4,756.
0.0
204,815.
94,900.
55,329.
b.Other assets
39,571.
109,915.
a.Fixed assets
66,313.
b.Other assets
43,602.
1.Revenue
20,932.
24,102.
1,313.
911.
E.Other items
2,000.
2.Cash dividend
0.0
0.0
-22255
.46%
.66%
.44%
18.36
.46
G.Liquidity ratios
27.01%
19.95
2.32%
97.68%
100.03
I.Cash flow ratios
175
2012
(Thousand Rupees)
2009
2010
2011
2012
205,138.
224,521.
435,700.
447,734.
200,000.
200,000.
400,000.
400,000.
0.0
0.0
0.0
0.0
5,138.
24,521.
35,700.
47,734.
0.0
0.0
0.0
0.0
39,284.
227,518.
34,199.
91,906.
36,913.
215,543.
21,540.
79,165.
2,371.
11,975.
12,659.
12,741.
244,422.
452,039.
469,899.
539,640.
120,444.
321,517.
273,496.
346,122.
109,950.
251,747.
216,850.
256,495.
10,494.
69,770.
56,646.
89,627.
123,978.
130,522.
196,403.
193,518.
70,035.
72,472.
79,925.
79,020.
53,943.
58,050.
116,478.
114,498.
53,807.
49,901.
7,678.
5,079.
116,287.
96,420.
30,968.
19,383.
120,631.
114,723.
14,549.
11,179.
150,315.
146,321.
17,924.
12,034.
2,000.
2,000.
0.0
0.0
0.0
0.0
-50289
71,664.
4,000.
0.0
0.0
29,703.
4,000.
0.0
0.0
43,676.
2.48%
3.7%
2.08%
6.5
2.54
8.63%
13.09%
4.29%
3.11
9.69
2.57%
3.24%
2.38%
7.89
2.79
2.69%
3.89%
2.23%
8.16
3.01
44.98%
3.26
16.07%
55.69%
1.49
50.33%
46.15%
12.7
7.28%
47.53%
4.37
17.03%
83.93%
102.57
49.67%
112.26
92.72%
108.93
82.97%
111.93
14.11
1.94
-2.59
-.23
2.66
1.38
3.63
.55
Riaz Exchange Co. (Pvt) Ltd.

2008
Items
210,320.
1.Share capital
200,000.
2.Reserves
0.0
10,320.
4.Others
0.0
2,196.
1,326.
870.
212,516.
154,051.
139,625.
b.Other assets
14,426.
58,465.
a.Fixed assets
4,294.
b.Other assets
54,171.
1.Revenue
28,849.
11,630.
19,236.
12,341.
E.Other items
20,000.
2.Cash dividend
0.0
0.0
-402
5.87%
9.11%
5.81%
.6
.62
G.Liquidity ratios
65.7%
116.18
1.03%
98.97%
10.52
I.Cash flow ratios
176
2012
(Thousand Rupees)
2009
2010
2011
2012
209,160.
202,031.
208,955.
207,906.
200,000.
200,000.
200,000.
200,000.
0.0
0.0
0.0
0.0
9,160.
2,031.
8,955.
7,906.
0.0
0.0
0.0
0.0
1,445.
676.
582.
763.
1,130.
416.
464.
763.
315.
260.
118.
0.0
210,605.
202,707.
209,537.
208,669.
157,178.
147,312.
155,287.
155,428.
150,026.
142,343.
151,779.
152,748.
7,152.
4,969.
3,508.
2,680.
53,427.
55,395.
54,250.
53,241.
3,160.
3,679.
3,947.
2,841.
50,267.
51,716.
50,303.
50,400.
40,808.
11,407.
29,003.
18,841.
22,948.
11,833.
13,643.
8,870.
16,148.
11,597.
10,795.
6,924.
18,145.
11,777.
13,935.
8,951.
20,000.
0.0
0.0
22,483.
20,000.
0.0
0.0
4,979.
20,000.
0.0
0.0
4,005.
20,000.
0.0
0.0
4,276.
9.01%
13.85%
8.95%
.39
.94
4.39%
6.74%
4.38%
.87
.44
3.31%
5.16%
3.3%
1.07
.35
4.31%
6.7%
4.29%
.85
.45
71.24%
139.1
.69%
70.22%
354.12
.33%
72.44%
334.67
.28%
73.2%
203.71
.37%
99.31%
10.46
99.67%
10.1
99.72%
10.45
99.63%
10.4
1.19
19.9
.56
11.97
.58
8.63
.48
5.6
Royal International Exchange Co. (Pvt) Ltd.

2008
Items
181,454.
1.Share capital
200,000.
2.Reserves
0.0
-18546
4.Others
0.0
844.
844.
0.0
182,298.
128,595.
118,644.
b.Other assets
9,951.
53,703.
a.Fixed assets
3,620.
b.Other assets
50,083.
1.Revenue
22,059.
20,439.
-18134
-18584
E.Other items
2,000.
2.Cash dividend
0.0
0.0
-237
-10.24%
-9.99%
-10.19%
-1.13
-9.29
G.Liquidity ratios
65.08%
152.36
.46%
99.54%
90.73
I.Cash flow ratios
177
2012
(Thousand Rupees)
2009
2010
2011
2012
169,087.
264,895.
269,262.
281,003.
200,000.
300,000.
300,000.
300,000.
0.0
0.0
0.0
0.0
-30913
-35105
-30738
-18997
0.0
0.0
0.0
0.0
2,350.
10,974.
11,923.
17,772.
2,350.
10,405.
5,715.
9,479.
0.0
569.
6,208.
8,293.
171,437.
275,869.
281,185.
298,775.
111,676.
219,829.
198,728.
211,514.
102,184.
206,189.
181,871.
188,021.
9,492.
13,640.
16,857.
23,493.
59,761.
56,040.
82,457.
87,261.
4,261.
6,040.
6,928.
8,422.
55,500.
50,000.
75,529.
78,839.
50,660.
48,044.
-17423
-12368
69,855.
64,219.
5,636.
1,394.
73,425.
66,581.
6,845.
4,367.
75,315.
61,419.
13,895.
11,742.
2,000.
0.0
0.0
3,000.
0.0
0.0
1,224.
3,000.
0.0
0.0
2,702.
3,000.
0.0
0.0
10,428.
-7.31%
-10.3%
-7.21%
-2.76
-6.18
.53%
2.12%
.51%
11.39
.46
1.62%
2.48%
1.55%
9.73
1.46
4.18%
4.8%
3.93%
4.42
3.91
59.6%
47.52
1.37%
74.74%
21.13
3.98%
64.68%
34.77
4.24%
62.93%
22.31
5.95%
98.63%
84.54
96.02%
88.3
95.76%
89.75
94.05%
93.67
1.2
-6.33
.88
.12
.62
.47
.89
1.1
-14868
SIBL Exchange Co. (Pvt) Ltd.

2008
Items
105,636.
1.Share capital
100,000.
2.Reserves
0.0
5,636.
4.Others
0.0
4,144.
4,144.
0.0
109,780.
108,085.
8,841.
b.Other assets
99,244.
1,695.
a.Fixed assets
1,344.
b.Other assets
351.
1.Revenue
8,116.
3,647.
4,469.
2,858.
E.Other items
10,000.
2.Cash dividend
0.0
0.0
-2088
2.71%
4.23%
2.6%
.82
.29
G.Liquidity ratios
8.05%
26.08
3.77%
96.23%
10.56
I.Cash flow ratios
178
2012
(Thousand Rupees)
2009
2010
2011
2012
109,217.
112,297.
117,642.
117,642.
100,000.
100,000.
100,000.
100,000.
0.0
0.0
0.0
0.0
9,217.
12,297.
17,642.
17,642.
0.0
0.0
0.0
0.0
3,193.
2,871.
3,813.
3,813.
3,193.
2,871.
3,813.
3,813.
0.0
0.0
0.0
0.0
112,410.
115,168.
121,455.
121,455.
111,175.
114,264.
120,899.
120,899.
1,074.
947.
936.
936.
110,101.
113,317.
119,963.
119,963.
1,235.
904.
556.
556.
1,066.
805.
556.
556.
169.
99.
0.0
0.0
9,502.
3,901.
5,601.
3,581.
8,842.
4,018.
4,824.
3,080.
9,480.
3,561.
5,918.
3,733.
9,480.
3,561.
5,918.
3,733.
10,000.
0.0
0.0
2,617.
10,000.
0.0
0.0
2,839.
10,000.
0.0
0.0
1,517.
10,000.
0.0
0.0
1,517.
3.28%
5.13%
3.19%
.7
.36
2.74%
4.3%
2.67%
.83
.31
3.17%
5.03%
3.07%
.6
.37
3.17%
5.03%
3.07%
.6
.37
.96%
34.82
2.84%
.82%
39.8
2.49%
.77%
31.71
3.14%
.77%
31.71
3.14%
97.16%
10.92
97.51%
11.23
96.86%
11.76
96.86%
11.76
.73
.82
.92
.99
.41
.4
.41
.4
Sky Exchange Co. (Pvt) Ltd.

2008
Items
1.Share capital
2.Reserves
4.Others
b.Other assets
a.Fixed assets
b.Other assets
1.Revenue
E.Other items
2.Cash dividend
G.Liquidity ratios
I.Cash flow ratios
- (times)
179
2012
2009
-
2010
28,354.
26,500.
0.0
1,854.
0.0
537.
537.
0.0
28,891.
25,011.
24,735.
276.
3,880.
909.
2,971.
(Thousand Rupees)
2011
2012
119,896.
142,440.
120,134.
140,134.
0.0
0.0
-238
2,306.
0.0
0.0
150.
1,792.
150.
1,792.
0.0
0.0
120,046.
144,232.
85,790.
104,290.
83,258.
100,620.
2,532.
3,670.
34,256.
39,942.
2,357.
2,930.
31,899.
37,012.
7,548.
8,883.
6,379.
10,930.
1,169. -2047
758. -2091
24,436.
23,548.
3,988.
2,544.
265.
1,201.
0.0
0.0
0.0
0.0
-4114
1,200.
1,401.
0.0
0.0
3,706.
2.67%
4.12%
2.62%
5.46
2.86
-1.74%
-1.71%
-1.74%
-5.34
-1.74
1.79%
2.8%
1.76%
5.9
1.82
85.61%
46.58
1.86%
69.36%
571.93
.12%
69.76%
58.2
1.24%
98.14%
107.
99.88%
99.8
98.76%
101.65
1.58
2.23
1.97
-27.43
1.46
2.07
Wall Street Exchange Co. (Pvt) Ltd.

2008
Items
214,479.
1.Share capital
200,000.
2.Reserves
0.0
14,479.
4.Others
0.0
129,048.
129,048.
0.0
343,527.
252,630.
134,390.
b.Other assets
118,240.
90,897.
a.Fixed assets
35,333.
b.Other assets
55,564.
1.Revenue
122,726.
107,580.
11,391.
7,283.
E.Other items
20,000.
2.Cash dividend
0.0
0.0
-32437
3.4%
5.31%
2.12%
9.44
.36
G.Liquidity ratios
39.12%
1.96
37.57%
62.43%
10.72
I.Cash flow ratios
180
2012
(Thousand Rupees)
2009
2010
2011
2012
229,180.
250,494.
272,443.
291,507.
200,000.
200,000.
200,000.
200,000.
0.0
0.0
0.0
0.0
29,180.
50,494.
72,443.
91,507.
0.0
0.0
0.0
0.0
222,581.
243,979.
295,326.
229,014.
222,581.
243,979.
295,326.
229,014.
0.0
0.0
0.0
0.0
451,761.
494,473.
567,769.
520,521.
354,374.
397,694.
470,090.
415,994.
298,696.
357,866.
423,515.
387,699.
55,678.
39,828.
46,575.
28,295.
97,387.
96,779.
97,679.
104,527.
41,178.
40,308.
39,634.
45,364.
56,209.
56,471.
58,045.
59,163.
219,960.
189,814.
23,620.
14,701.
268,573.
231,973.
32,791.
21,314.
285,148.
247,587.
37,614.
21,949.
305,629.
263,695.
44,586.
19,064.
20,000.
0.0
0.0
182,188.
20,000.
0.0
0.0
66,889.
20,000.
20,000.
0.0
0.0
0.0
0.0
-20042
75,947.
6.41%
10.31%
3.25%
8.04
.74
8.51%
13.09%
4.31%
7.07
1.07
8.06%
13.81%
3.87%
6.58
1.1
6.54%
15.3%
3.66%
5.91
.95
66.12%
1.59
49.27%
72.37%
1.63
49.34%
74.59%
1.59
52.02%
74.48%
1.82
44.%
50.73%
11.46
50.66%
12.52
47.98%
13.62
56.%
14.58
12.39
.82
3.14
.27
3.46
.26
-1.05
-.09
NSURANCE OMPANIES
C
ERFORMANCE AT A
CY12 turned out to be positive for insurance sector in Pakistan. The aggregate in
grew sharply during CY12. Its balance sheet size expanded by 18.8 percent and
billion in CY12. Profit before and after taxation increased considerably during CY1
A
NALYSIS OF E
QUITY
Total equity of insurance sector

increased from Rs.
Rs 89.3 billion
in CY11 to Rs. 95.2 billion in

CY12, recording an increase of
around 6.5 percent. The share
capital (SC) also increased by 3.7
percent in CY12 over CY11.
Contribution of share capital in
equity was 30.1 percent in CY12.
Total
reserves of
insurance
companies comprising reserves and un-appropriated profit touched Rs 66.5
compared to Rs. 61.7 billion last year.
NALYSIS OFAASSETS
Total assets (TA) at Rs. 597.8 billion
in CY12, showing an increase of 18.8
percent over CY11. The dominating
part in assets was investment in
securities and properties (IS) of Rs.
417.7 billion in CY12. IS contributed
70 percent of TA in CY12 increased
by 20.3 percent in CY12 over the
preceding year. Cash and Balances

with banks (C & B) reflected an
increase of 12.0 percent over the previous year. Total assets of non-Life sector in
2012
LANCE
tor in Pakistan. The aggregate insurance business
e expanded by 18.8 percent and reached Rs 597.8

creased considerably during CY12.
Components of Equity
50
16.5%
40
30
Billion Rs
10
20
3.7%
2.1%
Un
Reserves (RS)Appropriated
Share Capital
(SC)
CY11
CY12
Growth
27.6
28.6
3.7%
37.4
38.2
2.1%
Profit (RE)
24.3
28.3
16.5%
priated profit touched Rs 66.5 billion in CY12 as
Components of Assets
CY11
CY12
Growth
700
2,100.%
20.3%
600
18.8%
1,800.%
500
1,500.%
400
Billion Rs
200
100
0
300
C&B
Total assets of non-Life sector increased from Rs.

181
1,200.%
900.%
600.%
300.%
0.0%
12.%
IS
TA
1,800.%
1,200.%
600.%
Growth
0.0%
Growth
152.5 billion in CY11 to Rs 167.1 billion in CY12, recording an expansion of 9.6 p
of Life Insurance Sector grew by 22.5 percent over CY11. In absolute terms, it inc
346.1 billion in CY11 to Rs. 423.9 billion in CY12.
A
NALYSIS OF L
IABILITIES
Total liabilities (TL) of insurance sector at Rs
412.7.0 billion in CY11 increased by 21.2
percent in CY12 to Rs 500.3 billion. Balances
of statutory funds (BSF) have been Rs 313.6
billion in CY11 and Rs 384.9 billion in CY12,
showing an increase of 22.7 percent. The
contribution of BSF to TL was 76.0 percent and
76.9 percent in CY11 and CY12 respectively.
Out of total liabilities, 83.2 percent pertain to
life insurance business.
P
The main source of revenue of insurance sector
is premium. The gross premium for year CY11
was Rs 127.2 billion which increased by 19.4
percent to reach Rs. 151.8 billion in CY12. Net
premium increased from Rs. 98.4 billion in
CY11 to Rs. 118.7 billion in CY12 showing an
increase of 20.7 percent.
Investment income at Rs. 38.2 billion in CY11
increased by 25.6 percent to reach Rs 48.0
billion in CY12. Under-writing profit at Rs.
26.5 billion in CY11 increased by 42.1 percent
to reach Rs. 37.6 billion. Profit before and after
taxation increased to Rs. 15.7 billion and Rs.
12.4 billion respectively in CY12.
182
2012
recording an expansion of 9.6 percent. Total assets
er CY11. In absolute terms, it increased from Rs
Components Of Liabilities
600
CY11
CY12
Growth
22.7%
500
400
21.2%
16.2%
17.4%
300
Billion Rs.
200
100
0
TL
BSF
OC
MISC
Premium Income Positions

200
151.8
127.2
150
100
118.7
98.4
Billion Rs.
50
0
60
CY11
CY12
Non core income of insurance companies
CY11
CY12
Growth
42.1%
50
40
25.6%
30
Billion Rs.
20
10
0
Investment Income
Underwriting Profit
2,500.%
2,000.%
1,500.%
Growth
1,000.%
500.%
0.0%
Gross Premium
Net Premium
4,500.%
4,000.%
3,500.%
3,000.%
2,500.%
2,000.%
1,500.%
1,000.%
500.%
0.0%
Return on equity (ROE) at 9.0 percent in CY11

increased to 13.04 percent in CY12.Similarly,
1,500.%
return on assets (ROA) 1.6 percent in CY11

increased to 2.08 percent in CY12. 1,000.%
Earnings per share (EPS) at Rs. 40

2.94 in CY11,
35
reached Rs. 4.37 per share in CY12. Breakup value

30
per share (BPS) increased from Rs.25

32.68 per share
in CY11 to Rs. 33.54 per share in
20
15
CY12.
Rs. per Share
10
5
0
183
2012
CY11
CY12
13.04%
9.%
500.%
0.0%
1.60% 2.08%
ROE
ROA
Valuation per Share
32.68
CY11
CY12
2.94
EPS
4.37
BPS
33.54
Insurance Companies - Overall

2008
Items
79,294,355.
1.Share capital
21,001,523.
2.Reserves
44,317,746.
13,975,086.
4.Others
316,877.
263,404,552.
1.Balance of statutory funds
193,936,317.
2.Outstanding claims, adv., prem., due to other insurers
52,695,558.
16,772,677.
343,015,784.
1.Cash and balances with banks
41,361,289.
2.Advances to policy holders & employees
13,844,094.
3.Investments in securities & properties
235,570,708.
47,301,536.
5.Fixed assets
4,938,157.
1.Investment income
14,174,965.
2.Gross premium
76,150,980.
3.Net premium
60,955,357.
4.Gross claims
42,809,380.
5.Net claims
34,725,276.
6.Underwriting profit
27,183,638.
-1876153
-3422146
E.Other items
2,669,063.
2.Cash dividend
N/A
N/A
830,219.
-4.32%
-1.%
3.Earning per share (D8/E1) (rs. per share)
-1.28
4.Net Claims Incurred Ratio (D5/D3)
56.97%
5.Underwriting profit to profit after tax. (D6/D8)
-794.34%
6.Investment income to net premium (D1/D3)
23.25%
G.Liquidity ratios
1.Cash & bank balances to total assets (C1/C)
12.06%
2. Investment to total assets (C3/C)
68.68%
23.12%
2.Break up value per share (A/E1) (Rs. per share)
29.71
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D8)
-24.26%
184
2012
2009
84,319,908.
22,291,755.
37,757,097.
24,271,056.
819,131.
300,169,598.
223,525,201.
47,774,239.
28,870,158.
385,308,637.
34,183,294.
16,678,112.
275,622,467.
52,405,483.
6,419,281.
2010
86,689,524.
25,452,564.
38,331,444.
22,905,516.
1,953,222.
356,996,176.
262,756,784.
74,314,208.
19,925,184.
445,638,922.
43,985,108.
572,369.
114,607,048.
279,517,845.
6,956,552.
(Thousand Rupees)
2011
2012
89,332,259. 95,178,280.
27,621,324. 28,648,267.
37,397,162. 38,199,607.
24,313,773. 28,330,406.
1,116,841.
2,307,390.
412,653,090. 500,286,556.
313,603,025. 384,889,878.
75,264,611. 87,473,869.
23,785,454. 27,922,809.
503,102,190. 597,772,226.
50,493,163. 56,531,992.
752,431.
761,247.
347,237,422. 417,696,631.
97,410,110. 113,975,088.
7,209,064.
8,807,268.
36,385,553. 32,810,542. 38,217,452. 47,994,585.

87,428,602. 105,179,540. 127,150,259. 151,831,439.
66,891,124. 80,645,113. 98,373,350. 118,733,384.
44,853,530. 56,866,547. 54,179,993. 67,848,999.
35,270,353. 38,203,611. 42,550,808. 49,162,663.
29,215,507. 16,328,161. 26,484,187. 37,639,608.
7,970,541.
8,853,469. 10,849,925. 15,726,750.
6,575,665.
5,862,322.
8,038,880. 12,411,199.
2,897,533.
2,516,580.
2,733,462.
2,837,699.
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
2,328,621. 10,571,042. 19,661,576. 31,416,611.
7.8%
1.71%
2.27
52.73%
444.3%
54.4%
6.76%
1.32%
2.33
47.37%
278.53%
40.69%
9.%
1.6%
2.94
43.25%
329.45%
38.85%
13.04%
2.08%
4.37
41.41%
303.27%
40.42%
8.87%
71.53%
9.87%
25.72%
10.04%
69.02%
9.46%
69.88%
21.88%
29.1
19.45%
34.45
17.76%
32.68
15.92%
33.54
35.41%
180.32%
244.58%
253.13%
Life Insurance Corporations - Overall

2008
Items
3,845,833.
1.Share capital
3,550,720.
2.Reserves
454,004.
-158891
4.Others
127,208.
210,435,786.
193,737,166.
11,796,266.
4,902,354.
214,408,827.
23,248,989.
13,715,744.
167,762,427.
8,872,574.
5.Fixed assets
809,093.
1.Investment income
18,922,502.
2.Gross premium
33,644,399.
3.Net premium
33,475,344.
4.Gross claims
19,133,182.
5.Net claims
18,330,205.
22,835,966.
211,025.
-132100
E.Other items
280,122.
2.Cash dividend
N/A
N/A
2,494,830.
-3.43%
-.06%
-.47
54.76%
-17,286.88%
56.53%
G.Liquidity ratios
10.84%
78.24%
1.79%
13.73
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D8) -1,888.59%
185
2012
2009
4,552,704.
3,632,080.
10,474.
910,150.
127,208.
243,297,422.
223,481,460.
11,277,889.
8,538,073.
247,977,334.
18,748,616.
16,542,211.
200,982,882.
10,410,990.
1,292,635.
21,371,584.
40,568,637.
39,775,876.
21,669,000.
20,921,771.
24,929,952.
1,187,872.
1,227,145.
(Thousand Rupees)
2010
2011
5,859,968.
6,242,151.
4,612,239.
4,612,239.
189,435.
70,723.
1,058,294.
1,559,189.
0.0
285,052,165. 339,861,092.
262,079,551. 311,994,432.
20,403,335. 17,263,420.
2,569,279. 10,603,240.
290,912,133. 346,103,243.
27,764,487. 34,318,104.
411,115.
594,433.
36,942,032. 266,227,453.
224,883,840. 43,920,914.
910,659.
1,042,339.
26,491,668.
52,584,841.
51,369,955.
22,330,799.
21,335,138.
12,950,017.
1,597,080.
1,078,477.
2012
7,726,120.
4,812,738.
479,345.
2,434,037.
0.0
24,000.
416,132,673.
381,293,455.
21,992,907.
12,846,311.
423,882,793.
37,883,967.
598,327.
330,191,591.
53,847,445.
1,361,463.
31,003,963.
67,745,199.
66,253,831.
25,579,370.
24,513,450.
21,775,752.
2,471,047.
1,619,539.
37,795,671.
87,558,963.
85,942,529.
32,364,735.
31,095,725.
33,092,513.
3,678,421.
2,463,488.
304,208.
362,224.
362,224.
N/A
N/A
N/A
N/A
N/A
N/A
2,433,056.
9,951,353. 17,849,089.
382,274.
N/A
N/A
26,454,963.
26.95%
.49%
4.03
52.6%
2,031.54%
53.73%
18.4%
.37%
2.98
41.53%
1,200.77%
51.57%
25.95%
.47%
4.47
37.%
1,344.56%
46.8%
31.89%
.58%
6.44
36.18%
1,343.32%
43.98%
7.56%
81.05%
9.54%
12.7%
9.92%
76.92%
8.94%
77.9%
1.84%
14.97
2.01%
16.18
1.8%
17.23
1.82%
20.21
198.27%
922.72%
1,102.11%
1,073.88%
Adamjee Life Assurance Co. Ltd.

2008
Items
1.Share capital
2.Reserves
4.Others
5.Fixed assets
1.Investment income
2.Gross premium
3.Net premium
4.Gross claims
5.Net claims
E.Other items
2.Cash dividend
G.Liquidity ratios
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D8)-
186
2012
2009
-
(Thousand Rupees)
2010
2011
2012
338,763.
172,775.
240,545.
534,663.
534,663.
735,162.
-212258
-396718
-537749
16,358.
34,830.
43,132.
0.0
0.0
0.0
238,428.
710,816.
2,258,599.
99,479.
509,586.
2,017,689.
28,944.
88,699.
73,147.
110,005.
112,531.
167,763.
577,191.
883,591.
2,499,144.
37,748.
127,414.
225,548.
0.0
0.0
0.0
401,778.
609,667.
2,129,482.
113,124.
113,631.
119,848.
24,541.
32,879.
24,266.
29,349.
267,137.
215,489.
55,740.
16,178.
111,303.
17,933.
12,620.
32,061.
912,667.
791,950.
105,334.
29,720.
444,354.
21,777.
18,472.
22,936.
2,297,193.
2,190,441.
263,791.
154,990.
1,449,721.
9,022.
8,303.
53,466.
0.0
0.0
-55090
53,466.
0.0
0.0
276,414.
73,516.
0.0
0.0
1,228,821.
3.73%
2.19%
.24
7.51%
881.96%
13.62%
10.69%
2.09%
.35
3.75%
2,405.55%
4.05%
3.45%
.33%
.11
7.08%
17,460.21%
1.05%
6.54%
69.61%
14.42%
69.%
9.03%
85.21%
58.69%
6.34
19.55%
3.23
9.63%
3.27
-436.53%
1,496.39%
14,799.72%
Amercian Life Insurance Co. Ltd.

2008
Items
379,763.
1.Share capital
500,000.
-120237
2.Reserves
0.0
4.Others
0.0
2,369,735.
1,961,522.
312,609.
95,604.
2,749,498.
164,756.
53,623.
1,801,339.
657,500.
5.Fixed assets
72,280.
1.Investment income
208,723.
2.Gross premium
1,155,000.
3.Net premium
1,048,496.
4.Gross claims
362,000.
5.Net claims
332,228.
415,508.
78,059.
50,221.
E.Other items
50,000.
2.Cash dividend
0.0
0.0
-228857
13.22%
1.83%
1.
31.69%
827.36%
19.91%
G.Liquidity ratios
5.99%
65.52%
13.81%
7.6
I.Cash flow ratio
-455.7%
187
2012
(Thousand Rupees)
2009
2010
2011
2012
581,065.
669,193.
734,941.
826,798.
500,000.
500,000.
500,000.
500,000.
81,065.
169,193.
234,941.
326,798.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2,771,591.
3,669,489.
5,935,512.
8,831,370.
2,318,142.
3,238,863.
5,290,441.
8,226,773.
325,000.
296,435.
459,875.
400,679.
128,449.
134,191.
185,196.
203,918.
3,352,656.
4,338,682.
6,670,453.
9,658,168.
106,526.
64,025.
125,057.
452,268.
68,306.
83,051.
90,096.
99,963.
2,856,069.
3,795,700.
5,833,574.
8,536,478.
255,923.
337,353.
561,509.
508,496.
65,832.
58,553.
60,217.
60,963.
248,389.
1,349,482.
1,267,953.
396,613.
363,070.
554,620.
96,141.
62,492.
326,117.
1,893,849.
1,806,525.
524,643.
442,406.
0.0
133,403.
86,712.
55,286.
2,993,466.
2,905,583.
758,431.
629,515.
0.0
183,560.
116,248.
70,489.
4,170,408.
4,081,149.
1,255,839.
1,239,915.
0.0
196,429.
126,357.
50,000.
0.0
0.0
762,793.
50,000.
0.0
0.0
590,201.
50,000.
0.0
0.0
1,596,738.
50,000.
0.0
0.0
2,095,960.
10.75%
1.86%
1.25
28.63%
887.51%
19.59%
12.96%
2.%
1.73
24.49%
0.0
18.05%
15.82%
1.74%
2.32
21.67%
0.0
1.9%
15.28%
1.31%
2.53
30.38%
0.0
1.73%
3.18%
85.19%
1.48%
87.49%
1.87%
87.45%
4.68%
88.39%
17.33%
11.62
15.42%
13.38
11.02%
14.7
8.56%
16.54
1,220.63%
680.65%
1,373.56%
1,658.76%
Asia Care Health & Life Insurance Co. Ltd.

2008
Items
183,570.
1.Share capital
160,000.
2.Reserves
2,500.
21,070.
4.Others
127,208.
67,135.
0.0
8,639.
58,496.
377,913.
128,417.
0.0
6,356.
80,338.
5.Fixed assets
162,802.
1.Investment income
9,570.
2.Gross premium
0.0
3.Net premium
29,768.
4.Gross claims
0.0
5.Net claims
10,952.
0.0
7,355.
4,886.
E.Other items
50.
2.Cash dividend
0.0
33.%
-21
2.66%
1.29%
97.72
36.79%
0.0
32.15%
G.Liquidity ratios
33.98%
1.68%
48.57%
3,671.4
I.Cash flow ratio
-.43%
188
2012
(Thousand Rupees)
2009
2010
2011
2012
228,456.
469,028.
427,049.
313,631.
200,000.
500,000.
500,000.
500,000.
2,500.
0.0
0.0
0.0
-72951
-186369
25,956. -30972
127,208.
0.0
0.0
0.0
63,854.
133,992.
179,012.
385,630.
0.0
95,977.
118,132.
283,179.
6,301.
26,420.
45,936.
80,958.
57,553.
11,595.
14,944.
21,493.
419,518.
603,020.
606,061.
699,261.
148,998.
93,453.
93,478.
42,196.
0.0
0.0
0.0
0.0
22,456.
431,446.
414,724.
475,222.
79,301.
71,458.
93,751.
172,708.
168,763.
6,663.
4,108.
9,135.
19,549.
0.0
32,203.
0.0
14,737.
0.0
9,448.
5,518.
20,000.
0.0
0.0
-26
72,014.
154,948.
153,560.
153,158.
153,158.
0.0
61,317.
59,086.
34,168.
212,620.
211,232.
178,482.
178,482.
0.0
23,322.
20,221.
75,216.
669,906.
668,518.
593,522.
593,522.
0.0
58,949.
59,850.
50,000.
50,000.
50,000.
0.0
0.0
0.0
0.0
0.0
0.0
-89324
-60080
-89343
2.42%
1.32%
.28
45.76%
0.0
60.71%
12.6%
9.8%
1.18
99.74%
0.0
46.9%
4.74%
3.34%
.4
84.5%
0.0
16.18%
19.08%
8.56%
1.2
88.78%
0.0
11.25%
35.52%
5.35%
15.5%
71.55%
15.42%
68.43%
6.03%
67.96%
54.46%
11.42
77.78%
9.38
70.46%
8.54
44.85%
6.27
-.47%
-151.18%
-297.12%
-149.28%
East West Life Assurance Co. Ltd.

2008
Items
415,341.
1.Share capital
413,600.
2.Reserves
1,741.
0.0
4.Others
0.0
147,823.
119,822.
15,503.
12,498.
563,164.
95,896.
10,933.
376,890.
32,834.
5.Fixed assets
46,611.
1.Investment income
60,927.
2.Gross premium
194,538.
3.Net premium
107,753.
4.Gross claims
157,013.
5.Net claims
78,078.
-20218
44,326.
44,708.
E.Other items
41,360.
2.Cash dividend
0.0
0.0
-50872
10.76%
7.94%
1.08
72.46%
-45.22%
56.54%
G.Liquidity ratios
17.03%
66.92%
73.75%
10.04
I.Cash flow ratio
-113.79%
189
2012
(Thousand Rupees)
2009
2010
2011
2012
149,369.
146,958.
124,125.
88,555.
454,960.
500,456.
500,456.
500,456.
-305591
0.0
0.0
0.0
-376331
-411901
0.0 -353498
0.0
0.0
0.0
24,000.
198,947.
256,916.
294,178.
301,315.
162,256.
213,986.
238,382.
238,392.
19,395.
28,022.
38,870.
52,365.
17,296.
14,908.
16,926.
10,558.
348,316.
403,874.
418,303.
413,870.
59,770.
136,182.
154,862.
136,060.
9,464.
8,553.
8,825.
8,589.
197,560.
194,146.
186,588.
202,035.
31,257.
22,422.
31,089.
34,681.
50,265.
42,571.
36,939.
32,505.
-197021
235,769.
154,489.
165,143.
94,895.
-20218
-222596
-1236
25,713.
11,837.
11,708.
250,054.
246,773.
235,366.
183,761.
178,687.
181,272.
162,347.
180,387.
220,256.
152,937.
124,525.
162,133.
66,115.
50,412.
7,840.
-4613
5,246. -6364
-7415
3,194. -8583
45,496.
50,046.
50,046.
50,046.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-50870
-11010
-22063
-54726
-.83%
-.35%
-.03
61.43%
1,635.76%
-127.53%
2.17%
.79%
.06
83.23%
2,069.97%
13.99%
-6.91%
-2.05%
-.17
69.69%
-587.35%
6.62%
-8.37%
-1.79%
-.15
89.44%
-105.73%
6.46%
17.16%
56.72%
33.72%
48.07%
37.02%
44.61%
32.88%
48.82%
42.88%
3.28
36.39%
2.94
29.67%
2.48
21.4%
1.77
4,115.7%
-344.71%
257.05%
738.04%
EFU Life Assurance Co. Ltd.

2008
Items
1,254,381.
1.Share capital
750,000.
2.Reserves
570,000.
-65619
4.Others
0.0
10,703,367.
9,567,235.
760,127.
376,005.
11,957,748.
1,425,424.
45,098.
9,684,973.
493,908.
5.Fixed assets
308,345.
1.Investment income
56,681.
2.Gross premium
9,597,777.
3.Net premium
6,136,944.
4.Gross claims
7,418,139.
5.Net claims
4,369,507.
371,433.
-314959
-473159
E.Other items
115,000.
2.Cash dividend
32.5%
0.0
-507154
-37.72%
-3.96%
-4.11
71.2%
-78.5%
.92%
G.Liquidity ratios
11.92%
80.99%
10.49%
10.91
I.Cash flow ratio
107.18%
190
2012
(Thousand Rupees)
2009
2010
2011
2012
1,628,540.
1,579,275.
1,732,640.
2,094,258.
750,000.
850,000.
850,000.
850,000.
232,500.
232,500.
232,500.
232,500.
646,040.
496,775.
650,140.
1,011,758.
0.0
0.0
0.0
0.0
16,218,941. 20,583,460. 26,297,424. 35,800,049.
14,767,466. 18,865,481. 24,414,209. 33,743,933.
880,656.
1,214,459.
1,140,899.
1,294,174.
570,819.
503,520.
742,316.
761,942.
17,847,481. 22,162,735. 28,030,064. 37,894,307.
1,365,803.
826,325.
1,141,457.
1,723,572.
59,015.
55,583.
56,490.
60,585.
15,053,389. 19,711,968. 25,133,535. 34,728,349.
1,019,066.
1,147,984.
1,248,172.
774,696.
350,208.
420,875.
450,410.
607,105.
58,853.
9,597,777.
5,570,211.
7,418,139.
3,911,444.
66,535.
647,721.
711,659.
1,657,014.
8,375,515.
7,920,022.
2,171,470.
1,837,151.
4,246,398.
551,035.
363,235.
29,792.
10,129,599.
9,597,263.
2,724,390.
2,360,779.
5,406,307.
880,815.
578,365.
277,797.
11,873,842.
11,301,615.
3,038,639.
2,625,301.
6,810,486.
1,392,468.
914,118.
115,000.
32.5%
0.0
204,961.
85,000.
50.%
0.0
3,217,244.
85,000.
50.%
0.0
3,938,800.
85,000.
55.%
17.65%
5,045,710.
43.7%
3.99%
6.19
70.22%
9.35%
1.06%
23.%
1.64%
4.27
23.2%
1,169.05%
20.92%
33.38%
2.06%
6.8
24.6%
934.76%
.31%
43.65%
2.41%
10.75
23.23%
745.03%
2.46%
7.65%
84.34%
3.73%
88.94%
4.07%
89.67%
4.55%
91.65%
9.12%
14.16
7.13%
18.58
6.18%
20.38
5.53%
24.64
28.8%
885.72%
681.02%
551.98%
Jubilee Life Insurance Co. Ltd.

2008
Items
416,562.
1.Share capital
627,120.
2.Reserves
-210558
4.Others
0.0
5,226,315.
4,629,457.
476,459.
120,399.
5,642,877.
3,257,997.
4,266.
2,031,512.
254,523.
5.Fixed assets
94,579.
-110311
1.Investment income
2.Gross premium
3,435,119.
3.Net premium
3,457,103.
4.Gross claims
1,756,884.
5.Net claims
760,675.
1,112,379.
-49972
-54972
E.Other items
62,712.
2.Cash dividend
0.0
0.0
591,271.
-13.2%
-.97%
-.88
22.%
-2,023.54%
-3.19%
G.Liquidity ratios
57.74%
36.%
7.38%
6.64
I.Cash flow ratio
191
2012
2009
546,505.
627,120.
-80615
0.0
7,777,475.
6,788,311.
751,169.
237,995.
8,323,980.
2,123,027.
3,876.
5,579,564.
118,115.
499,398.
(Thousand Rupees)
2010
2011
2012
1,149,873.
1,430,398.
1,795,635.
627,120.
627,120.
627,120.
0.0
0.0
0.0
522,753.
803,278.
1,168,515.
0.0
0.0
0.0
10,198,709. 14,357,210. 21,752,105.
9,144,236. 12,844,091. 19,853,501.
682,944.
787,561.
917,650.
371,529.
725,558.
980,954.
11,348,582. 15,787,608. 23,547,740.
1,084,664.
2,250,153.
4,582,439.
4,560.
8,981.
6,806.
9,673,115. 12,980,198. 18,207,492.
439,204.
340,689.
430,516.
147,039.
207,587.
320,487.
78,014.
4,363,155.
4,384,114.
1,710,439.
814,037.
1,878,176.
160,744.
129,943.
40,999.
5,802,439.
5,451,804.
2,049,922.
1,661,786.
2,647,219.
217,268.
146,752.
74,841.
8,215,262.
7,756,624.
2,139,574.
1,770,426.
4,363,882.
582,356.
374,593.
185,542.
12,080,180.
11,501,196.
2,731,241.
2,252,223.
6,786,232.
808,669.
553,373.
62,712.
0.0
0.0
1,150,556.
62,712.
15.%
0.0
1,829,289.
62,712.
30.%
0.0
3,304,453.
62,712.
45.%
0.0
5,092,687.
23.78%
1.56%
2.07
18.57%
1,445.38%
1.78%
12.76%
1.29%
2.34
30.48%
1,803.87%
.75%
26.19%
2.37%
5.97
22.82%
1,164.97%
.96%
30.82%
2.35%
8.82
19.58%
1,226.34%
1.61%
25.5%
67.03%
9.56%
85.24%
14.25%
82.22%
19.46%
77.32%
6.57%
8.71
10.13%
18.34
9.06%
22.81
7.63%
28.63
885.43%
1,246.52%
882.14%
920.3%
State Life Insurance Corporation of Pakistan

2008
Items
1,196,216.
1.Share capital
1,100,000.
2.Reserves
96,216.
4.Others
191,921,411.
177,459,130.
10,222,929.
4,239,352.
193,117,627.
18,176,499.
13,601,824.
153,861,357.
7,353,471.
5.Fixed assets
124,476.
1.Investment income
18,696,912.
2.Gross premium
19,261,965.
3.Net premium
22,695,280.
4.Gross claims
9,439,146.
5.Net claims
12,778,765.
20,956,864.
446,216.
296,216.
E.Other items
11,000.
2.Cash dividend
0.0
0.0
2,690,463.
24.76%
.15%
26.93
56.31%
7,074.86%
82.38%
G.Liquidity ratios
9.41%
79.67%
.62%
108.75
I.Cash flow ratio
908.28%
192
2012

(Thousand Rupees)
2011
1,620,223.
1,100,000.
0.0
520,223.
0.0
292,086,940.
268,579,591.
14,701,580.
8,805,769.
293,707,163.
30,425,683.
430,041.
221,069,167.
41,532,073.
250,199.
2009
1,418,769.
1,100,000.
0.0
318,769.
0.0
216,266,614.
199,445,285.
9,295,368.
7,525,961.
217,685,383.
14,944,492.
16,401,550.
177,273,844.
8,907,328.
158,169.
2010
1,506,878.
1,100,000.
0.0
406,878.
0.0
249,971,171.
230,421,529.
18,126,111.
1,423,531.
251,478,049.
25,522,090.
259,368.
2,733,879.
222,752,295.
210,417.
2012
2,366,698.
1,100,000.
0.0
457,796.
808,902.
0.0
346,803,605.
316,929,988.
19,173,934.
10,699,683.
349,170,303.
30,721,884.
422,384.
265,912,533.
51,806,500.
307,002.
21,163,800.
25,022,454.
28,366,906.
11,978,666.
15,723,588.
22,450,839.
496,414.
318,769.
24,340,462.
35,840,899.
35,638,794.
17,213,519.
17,071,522.
5,878,982.
610,878.
406,878.
30,765,978.
45,034,812.
44,812,492.
19,492,772.
19,420,003.
11,510,797.
785,581.
520,223.
37,151,983.
56,232,068.
56,018,338.
24,261,447.
24,067,641.
18,038,234.
1,217,497.
808,902.
11,000.
0.0
0.0
365,642.
11,000.
0.0
0.0
4,470,043.
11,000.
0.0
0.0
8,814,827.
11,000.
0.0
0.0
13,135,854.
22.47%
.15%
28.98
55.43%
7,042.98%
74.61%
27.%
.16%
36.99
47.9%
1,444.9%
68.3%
32.11%
.18%
47.29
43.34%
2,212.67%
68.65%
34.18%
.23%
73.54
42.96%
2,229.97%
66.32%
6.87%
81.44%
10.15%
1.09%
10.36%
75.27%
8.8%
76.16%
.65%
128.98
.6%
136.99
.55%
147.29
.68%
215.15
114.7%
1,098.62%
1,694.43%
1,623.91%
0.0
Non-Life Insurance Corporations - Overall

2008
Items
73,627,489.
1.Share capital
15,310,032.
2.Reserves
43,863,742.
14,453,715.
4.Others
197,098.
52,101,805.
0.0
40,531,984.
11,569,821.
125,926,392.
17,394,018.
128,350.
66,736,164.
37,820,475.
5.Fixed assets
3,847,385.
-4839199
1.Investment income
2.Gross premium
41,920,550.
3.Net premium
26,444,972.
4.Gross claims
23,153,577.
5.Net claims
15,805,173.
4,109,109.
-1954052
-3172018
E.Other items
2,174,863.
2.Cash dividend
N/A
N/A
-1492975
-4.31%
-2.52%
-1.46
59.77%
-129.54%
-18.3%
G.Liquidity ratios
13.81%
53.%
58.47%
33.85
I.Cash flow ratio
47.07%
193
2012
(Thousand Rupees)
2009
2010
2011
2012
77,784,852. 79,227,621. 81,484,003. 85,806,027.
16,368,903. 18,473,672. 20,540,656. 21,337,471.
37,746,623. 38,095,296. 37,236,830. 37,575,248.
23,669,326. 22,658,653. 23,706,517. 26,893,308.
699,353.
1,960,651.
1,126,931.
2,288,480.
55,925,315. 70,197,047. 69,857,774. 78,984,890.
0.0
0.0
0.0
0.0
35,998,491. 53,122,362. 57,039,298. 64,495,462.
19,926,824. 17,074,685. 12,818,476. 14,489,428.
134,409,520. 151,385,319. 152,468,708. 167,079,397.
14,560,902. 15,184,416. 14,539,733. 16,019,671.
135,901.
161,254.
157,998.
162,920.
73,613,820. 76,575,744. 79,528,701. 84,828,457.
41,291,894. 53,699,147. 52,311,483. 58,839,897.
4,807,003.
5,764,758.
5,930,793.
7,228,452.
14,940,088.
45,855,026.
26,359,943.
22,419,681.
13,806,667.
4,175,598.
7,038,047.
5,467,494.
6,174,516.
50,661,814.
28,518,877.
33,827,066.
16,293,451.
3,496,419.
7,486,823.
4,926,499.
7,152,863.
56,451,096.
31,142,662.
27,710,250.
17,464,816.
4,759,999.
8,436,384.
6,463,753.
10,085,339.
59,472,884.
31,507,333.
34,256,289.
17,273,008.
4,525,051.
12,063,296.
9,934,389.
2,364,248.
1,917,690.
2,124,395.
2,208,582.
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
262,727.
608,001.
1,118,851.
3,260,659.
7.03%
4.07%
2.31
52.38%
76.37%
56.68%
6.22%
3.25%
2.57
57.13%
70.97%
21.65%
7.93%
4.24%
3.04
56.08%
73.64%
22.97%
11.58%
5.95%
4.5
54.82%
45.55%
32.01%
10.83%
54.77%
10.03%
50.58%
9.54%
52.16%
9.59%
50.77%
57.87%
32.9
52.34%
41.31
53.44%
38.36
51.36%
38.85
4.81%
12.34%
17.31%
32.82%
ACE Insurance Ltd.

2008
Items
191,216.
1.Share capital
160,000.
2.Reserves
31,216.
0.0
4.Others
0.0
359,627.
0.0
51,595.
308,032.
550,843.
305,165.
0.0
414.
236,513.
5.Fixed assets
8,751.
1.Investment income
61.
2.Gross premium
0.0
3.Net premium
87,899.
4.Gross claims
0.0
5.Net claims
25,309.
18,611.
36,391.
21,593.
E.Other items
16,000.
2.Cash dividend
0.0
0.0
-1118
11.29%
3.92%
1.35
28.79%
86.19%
.07%
G.Liquidity ratios
55.4%
.08%
34.71%
11.95
I.Cash flow ratio
-5.18%
194
2012
(Thousand Rupees)
2009
2010
2011
2012
224,670.
275,808.
391,004.
405,408.
200,000.
250,000.
300,000.
300,000.
24,670.
25,808.
91,004.
105,408.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
456,931.
1,171,239.
1,137,533.
948,893.
0.0
0.0
0.0
0.0
88,327.
1,125,461.
963,999.
772,005.
368,604.
45,778.
173,534.
176,888.
681,601.
1,447,047.
1,528,537.
1,354,301.
361,707.
456,091.
837,974.
762,316.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
308,942.
972,500.
674,106.
575,845.
10,952.
18,456.
16,457.
16,140.
28.
0.0
292,402.
292,402.
82,891.
98,060.
108,195.
108,195.
32,165.
32,165.
3,091. -1148
29,503.
30,939.
16,358.
17,194.
0.0
499,666.
228,525.
273,025.
86,572.
77,626.
131,424.
82,645.
0.0
566,580.
116,279.
84,687.
4,152.
67,350.
142,680.
89,289.
20,000.
0.0
0.0
-13827
25,000.
0.0
0.0
34,025.
30,000.
30,000.
0.0
0.0
0.0
0.0
291,928. -76335
7.28%
2.4%
.82
38.8%
18.9%
.03%
6.23%
1.19%
.69
32.8%
-6.68%
0.0
21.14%
5.41%
2.75
37.88%
93.93%
0.0
22.02%
6.59%
2.98
3.57%
75.43%
0.0
53.07%
0.0
31.52%
0.0
54.82%
0.0
56.29%
0.0
32.96%
11.23
19.06%
11.03
25.58%
13.03
29.93%
13.51
-84.53%
197.89%
353.23%
-85.49%
Adamjee Insurance Co. Ltd.

2008
Items
8,791,099.
1.Share capital
1,022,351.
2.Reserves
1,078,231.
6,690,517.
4.Others
0.0
10,451,381.
0.0
8,753,875.
1,697,506.
19,242,480.
2,207,453.
26,852.
7,333,959.
8,722,167.
5.Fixed assets
952,049.
1.Investment income
1,098,050.
2.Gross premium
10,442,659.
3.Net premium
6,685,378.
4.Gross claims
6,601,192.
5.Net claims
5,173,152.
367,062.
1,175,877.
1,099,150.
E.Other items
102,235.
2.Cash dividend
0.0
0.0
-354139
12.5%
5.71%
10.75
77.38%
33.4%
16.42%
G.Liquidity ratios
11.47%
38.11%
45.69%
85.99
I.Cash flow ratio
-32.22%
195
2012
(Thousand Rupees)
2009
2010
2011
2012
10,781,175. 11,000,004. 10,900,906. 11,539,796.
1,124,586.
1,237,045.
1,237,045.
1,237,045.
1,136,547.
1,163,638.
1,241,625.
1,441,879.
8,520,042.
8,599,321.
8,422,236.
8,860,872.
0.0
0.0
0.0
0.0
10,831,203. 16,886,731. 13,181,486. 13,067,367.
0.0
0.0
0.0
0.0
2,344,753. 14,614,804. 11,027,452. 10,819,833.
8,486,450.
2,271,927.
2,154,034.
2,247,534.
21,612,378. 27,886,735. 24,082,392. 24,607,163.
2,157,104.
2,704,817.
2,378,967.
2,507,411.
28,383.
22,086.
17,175.
12,791.
9,658,030.
9,406,998.
9,451,731.
9,948,294.
8,913,124. 14,699,918. 11,208,717. 11,112,865.
855,737.
1,052,916.
1,025,802.
1,025,802.
2,479,419.
9,929,749.
6,806,897.
5,643,943.
4,452,839.
679,257.
2,608,348.
2,447,020.
779,089.
852,315.
1,331,791.
10,952,551. 11,753,401. 10,425,926.
6,883,397.
6,983,344.
5,671,977.
10,598,852.
7,066,321.
7,173,560.
4,833,516.
4,749,113.
4,142,667.
245,721.
165,534. -412271
541,813. -41968
666,558.
484,131.
132,177.
624,193.
112,459.
123,705.
123,705.
123,705.
30.%
24.%
10.%
25.%
10.%
9.%
0.0
0.0
-718380
-305368
291,555. -48276
22.7%
11.32%
21.76
65.42%
27.76%
36.43%
4.4%
1.74%
3.91
70.22%
50.76%
11.32%
1.21%
.55%
1.07
68.01%
125.24%
12.2%
5.41%
2.54%
5.05
73.04%
-66.05%
23.48%
9.98%
44.69%
9.7%
33.73%
9.88%
39.25%
10.19%
40.43%
49.88%
95.87
39.45%
88.92
45.27%
88.12
46.9%
93.28
11.91%
-9.97%
-543.5%
-48.92%
Agro General Insurance Co. Ltd.

2008
Items
1.Share capital
2.Reserves
4.Others
5.Fixed assets
1.Investment income
2.Gross premium
3.Net premium
4.Gross claims
5.Net claims
E.Other items
2.Cash dividend
G.Liquidity ratios
I.Cash flow ratio
196
2012
2009
-
(Thousand Rupees)
2010
2011
2012
108,202.
100,237.
121,769.
140,400.
140,400.
140,400.
1,650.
1,650.
1,650.
-33848
-41813
-20281
0.0
0.0
0.0
2,475.
2,538.
2,936.
0.0
0.0
0.0
1,466.
1,466.
1,466.
1,009.
1,072.
1,470.
110,677.
102,775.
124,705.
13,829.
4,479.
4,898.
0.0
0.0
0.0
24,837.
21,062.
42,956.
71,138.
76,507.
76,244.
873.
727.
607.
12,970. -5051
0.0
0.0
0.0
0.0
0.0
9,311. -7839
9,154. -7965
24,201.
0.0
0.0
0.0
0.0
0.0
21,779.
21,532.
0.0
0.0
0.0
0.0
0.0
14,040.
14,040.
14,040.
0.0
0.0
0.0
0.0
0.0
0.0
-41371
-2267
-1888
8.46%
8.27%
.65
-7.95%
-7.75%
-.57
12.49%
22.44%
4.36%
20.49%
3.93%
34.45%
97.76%
7.71
97.53%
7.14
97.65%
8.67
-451.94%
28.46%
-8.77%
0.0
17.68%
17.27%
1.53
-
0.0
-
0.0
Alfalah Insurance Co. Ltd.

2008
Items
232,588.
1.Share capital
161,920.
2.Reserves
50,655.
20,013.
4.Others
0.0
248,403.
0.0
215,266.
33,137.
480,991.
166,588.
0.0
77,292.
225,124.
5.Fixed assets
11,987.
1.Investment income
14,400.
2.Gross premium
135,055.
3.Net premium
77,039.
4.Gross claims
90,494.
5.Net claims
48,543.
-9723
2,870.
-17486
E.Other items
16,192.
2.Cash dividend
0.0
0.0
-44856
-7.52%
-3.64%
-1.08
63.01%
55.6%
18.69%
G.Liquidity ratios
34.63%
16.07%
48.36%
14.36
I.Cash flow ratio
256.53%
197
2012
(Thousand Rupees)
2009
2010
2011
2012
325,229.
325,229.
388,599.
486,690.
303,600.
303,600.
300,000.
300,000.
10,175.
10,175.
16,381.
16,381.
11,454.
11,454.
72,218.
170,309.
363,944.
363,944.
0.0
0.0
259,476.
259,476.
1,125,507.
1,509,668.
0.0
0.0
0.0
0.0
220,015.
220,015.
986,378.
1,352,261.
39,461.
39,461.
139,129.
157,407.
948,649.
948,649.
1,514,106.
1,996,358.
144,886.
144,886.
79,410.
162,256.
0.0
0.0
1,565.
2,127.
195,602.
195,602.
637,147.
701,627.
597,736.
597,736.
723,900.
1,047,723.
10,425.
10,425.
72,084.
82,625.
29,215.
29,215.
116,083.
116,083.
61,511.
61,511.
88,487.
88,487.
53,161.
53,161.
-26270
-26270
-7737
-7737
-821076
-821076
71,634.
928,020.
384,483.
88,487.
243,221.
77,619.
75,634.
69,238.
93,166.
1,019,316.
454,403.
877,172.
262,368.
101,480.
107,955.
98,091.
30,360.
30,360.
0.0
0.0
0.0
0.0
-29111
-29111
30,000.
0.0
0.0
226,416.
30,000.
0.0
20.%
81,311.
-252.46%
-86.55%
-27.04
86.43%
3.2%
47.5%
-252.46%
-86.55%
-27.04
86.43%
3.2%
47.5%
17.82%
4.57%
2.31
63.26%
112.1%
18.63%
20.15%
4.91%
3.27
57.74%
103.45%
20.5%
15.27%
20.62%
15.27%
20.62%
5.24%
42.08%
8.13%
35.15%
34.28%
10.71
34.28%
10.71
25.67%
12.95
24.38%
16.22
3.55%
3.55%
327.01%
82.89%
Allianz EFU Health Insurance Co. Ltd.

2008
Items
1.Share capital
2.Reserves
4.Others
5.Fixed assets
1.Investment income
2.Gross premium
3.Net premium
4.Gross claims
5.Net claims
E.Other items
2.Cash dividend
G.Liquidity ratios
I.Cash flow ratio
198
2012
2009
-
(Thousand Rupees)
2010
2011
2012
270,073.
326,924.
453,985.
250,000.
300,000.
300,000.
0.0
0.0
0.0
20,073.
26,924.
153,985.
0.0
0.0
0.0
689,917.
699,658.
623,808.
0.0
0.0
0.0
605,823.
606,831.
555,319.
84,094.
92,827.
68,489.
959,990.
1,026,582.
1,077,793.
38,272.
35,969.
26,152.
0.0
0.0
0.0
468,878.
518,792.
640,457.
427,064.
450,011.
387,054.
25,776.
21,810.
24,130.
43,206.
1,010,167.
680,338.
963,259.
632,076.
2,124.
25,386.
14,449.
37,156.
995,212.
645,038.
776,124.
523,590.
57,654.
96,804.
56,851.
91,263.
1,146,745.
752,578.
887,474.
568,187.
95,031.
169,341.
127,061.
25,000.
0.0
0.0
-108607
30,000.
0.0
0.0
20,096.
30,000.
0.0
0.0
26,312.
5.35%
1.51%
.58
92.91%
14.7%
6.35%
17.39%
5.54%
1.9
81.17%
101.41%
5.76%
27.99%
11.79%
4.24
75.5%
74.79%
12.13%
3.99%
48.84%
3.5%
50.54%
2.43%
59.42%
28.13%
10.8
31.85%
10.9
42.12%
15.13
-751.66%
35.35%
20.71%
Alpha Insurance Co. Ltd.

2008
Items
1.Share capital
2.Reserves
4.Others
5.Fixed assets
1.Investment income
2.Gross premium
3.Net premium
4.Gross claims
5.Net claims
E.Other items
2.Cash dividend
G.Liquidity ratios
I.Cash flow ratio
199
2012
2009
-
2010
-
(Thousand Rupees)
2011
2012
348,185.
483,594.
303,600.
403,600.
10,175.
10,175.
34,410.
69,819.
0.0
0.0
370,372.
455,935.
0.0
0.0
301,911.
363,554.
68,461.
92,381.
718,557.
939,529.
19,574.
33,650.
1,065.
5,359.
373,610.
522,518.
307,716.
360,806.
16,592.
17,196.
62,432.
96,873.
155,043.
203,849.
74,277.
67,428.
51,839.
73,245.
51,838.
37,441.
-38580
-43219
4,876.
32,083.
17,848.
35,409.
30,360.
40,360.
0.0
0.0
0.0
0.0
-17781
-13781
5.13%
2.48%
.59
69.79%
-216.16%
84.05%
7.32%
3.77%
.88
55.53%
-122.06%
143.67%
2.72%
51.99%
3.58%
55.61%
48.46%
11.47
51.47%
11.98
-99.62%
-38.92%
Asia Insurance Co. Ltd.

2008
Items
183,570.
1.Share capital
160,000.
2.Reserves
2,500.
21,070.
4.Others
127,208.
67,135.
0.0
8,639.
58,496.
377,913.
128,417.
0.0
6,356.
80,338.
5.Fixed assets
162,802.
1.Investment income
9,570.
2.Gross premium
53,644.
3.Net premium
32,203.
4.Gross claims
26,522.
5.Net claims
14,737.
3,261.
9,448.
5,518.
E.Other items
16,000.
2.Cash dividend
0.0
33.%
-3130
3.01%
1.46%
.34
45.76%
59.1%
29.72%
G.Liquidity ratios
33.98%
1.68%
48.57%
11.47
I.Cash flow ratio
-56.72%
200
2012
(Thousand Rupees)
2009
2010
2011
2012
228,457.
282,918.
342,583.
352,763.
200,000.
250,000.
300,000.
300,000.
2,500.
2,500.
2,500.
2,500.
25,957.
30,418.
40,083.
50,263.
127,208.
127,208.
136,060.
136,060.
63,854.
45,887.
60,626.
71,599.
0.0
0.0
0.0
0.0
6,301.
2,149.
39,131.
47,245.
57,553.
43,738.
21,495.
24,354.
419,519.
456,013.
539,269.
560,422.
148,998.
163,401.
159,876.
62,903.
0.0
0.0
0.0
0.0
22,456.
56,822.
113,378.
179,776.
79,301.
59,518.
65,934.
88,171.
168,764.
176,272.
200,081.
229,572.
19,549.
46,537.
29,768.
31,941.
10,952.
1,460.
7,355.
4,886.
21,108.
46,534.
29,451.
7,101.
7,474.
4,101.
9,043.
4,461.
24,319.
28,903.
52,286.
43,497.
33,704.
29,301.
12,074.
21,380.
10,916.
10,136.
334. -3585
11,545.
7,301.
9,665.
10,180.
20,000.
25,000.
30,000.
30,000.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-14860
-17574
-6325
-26592
2.14%
1.16%
.24
36.79%
29.88%
65.67%
1.58%
.98%
.18
25.38%
91.93%
71.67%
2.82%
1.79%
.32
32.39%
3.46%
72.15%
2.89%
1.82%
.34
34.59%
-35.22%
98.64%
35.52%
5.35%
35.83%
12.46%
29.65%
21.02%
11.22%
32.08%
54.46%
11.42
62.04%
11.32
63.53%
11.42
62.95%
11.76
-304.13%
-393.95%
-65.44%
-261.22%
Askari General Insurance Co. Ltd.

2008
Items
295,957.
1.Share capital
203,775.
2.Reserves
74,658.
17,524.
4.Others
0.0
921,294.
0.0
813,079.
108,215.
1,217,251.
85,108.
2,956.
512,843.
489,357.
5.Fixed assets
126,987.
1.Investment income
12,536.
2.Gross premium
1,002,654.
3.Net premium
650,429.
4.Gross claims
513,880.
5.Net claims
423,393.
72,996.
17,386.
6,659.
E.Other items
20,377.
2.Cash dividend
0.0
0.0
25,684.
2.25%
.55%
.33
65.09%
1,096.2%
1.93%
G.Liquidity ratios
6.99%
42.13%
24.31%
14.52
I.Cash flow ratio
385.7%
201
2012
(Thousand Rupees)
2009
2010
2011
2012
268,412.
315,833.
432,208.
507,154.
203,775.
203,776.
308,210.
323,620.
74,658.
74,659.
74,658.
74,658.
-10021
37,398.
49,340.
108,876.
0.0
0.0
0.0
0.0
927,340.
1,138,101.
1,112,772.
1,717,907.
0.0
0.0
0.0
0.0
839,746.
1,022,808.
902,563.
1,396,157.
87,594.
115,293.
210,209.
321,750.
1,195,752.
1,453,934.
1,544,980.
2,225,061.
114,277.
91,251.
130,566.
483,242.
4,197.
2,159.
1,190.
1,736.
413,607.
510,063.
554,394.
654,705.
533,027.
802,813.
810,840.
1,008,679.
130,644.
47,648.
47,990.
76,699.
-28174
1,089,649.
805,176.
630,052.
-522426
78,757.
-15075
-27544
51,096.
1,344,036.
639,901.
616,816.
385,890.
109,137.
53,347.
47,418.
52,094.
1,132,971.
633,283.
547,467.
327,857.
142,350.
78,921.
65,434.
55,090.
1,111,722.
699,947.
561,576.
372,934.
165,808.
87,408.
74,946.
20,377.
20,378.
30,821.
0.0
0.0
0.0
0.0
10.%
15.%
-17098
4,856. -53585
32,362.
0.0
20.%
435,940.
-10.26%
-2.3%
-1.35
-64.88%
-285.93%
-3.5%
15.01%
3.26%
2.33
60.3%
230.16%
7.98%
15.14%
4.24%
2.12
51.77%
217.55%
8.23%
14.78%
3.37%
2.32
53.28%
221.24%
7.87%
9.56%
34.59%
6.28%
35.08%
8.45%
35.88%
21.72%
29.42%
22.45%
13.17
21.72%
15.5
27.97%
14.02
22.79%
15.67
-17.63%
-113.01%
-26.13%
581.67%
Atlas Insurance Co. Ltd.

2008
Items
626,019.
1.Share capital
268,447.
2.Reserves
557,064.
-199492
4.Others
0.0
713,944.
0.0
697,631.
16,313.
1,339,963.
195,929.
465.
494,201.
600,072.
5.Fixed assets
49,296.
-305174
1.Investment income
2.Gross premium
861,402.
3.Net premium
507,946.
4.Gross claims
428,206.
5.Net claims
231,434.
158,386.
-140994
-199585
E.Other items
26,844.
2.Cash dividend
25.%
25.%
2,067.
-31.88%
-14.89%
-7.43
45.56%
-79.36%
-60.08%
G.Liquidity ratios
14.62%
36.88%
46.72%
23.32
I.Cash flow ratio
-1.04%
202
2012
(Thousand Rupees)
2009
2010
2011
2012
747,963.
856,397.
1,009,919.
1,194,961.
335,559.
369,115.
442,938.
531,526.
222,064.
244,064.
265,064.
301,064.
190,340.
243,218.
301,917.
362,371.
0.0
0.0
0.0
0.0
1,157,130.
1,178,337.
1,068,166.
1,505,582.
0.0
0.0
0.0
0.0
1,141,136.
1,159,164.
872,535.
1,234,076.
15,994.
19,173.
195,631.
271,506.
1,905,093.
2,034,734.
2,078,085.
2,700,543.
660,191.
492,581.
54,591.
282,013.
201.
177.
117.
170.
558,250.
772,048.
1,089,256.
1,255,886.
639,030.
726,012.
888,629.
1,096,898.
47,421.
43,916.
45,492.
65,576.
118,230.
102,634.
782,700.
1,004,381.
443,534.
530,269.
265,444.
304,586.
192,355. -176504
104,467.
199,924.
-140994
327,130.
-199585
242,658.
118,230.
0.0
0.0
357,794.
133,572.
1,102,974.
591,289.
289,352.
153,294.
253,585.
400,084.
301,168.
180,692.
1,168,195.
603,616.
234,186.
133,237.
291,177.
463,624.
362,217.
36,912.
44,294.
40.%
40.%
20.%
20.%
30,056. -139230
53,153.
40.%
20.%
399,670.
-26.68%
-10.48%
-1.69
43.37%
-52.34%
26.66%
28.33%
11.93%
6.57
-33.29%
82.39%
19.36%
29.82%
14.49%
6.8
25.93%
84.2%
22.59%
30.31%
13.41%
6.81
22.07%
80.39%
29.93%
34.65%
29.3%
24.21%
37.94%
2.63%
52.42%
10.44%
46.5%
39.26%
6.33
42.09%
23.2
48.6%
22.8
44.25%
22.48
-179.27%
12.39%
-46.23%
110.34%
Capital Insurance Co. Ltd.

2008
Items
163,049.
1.Share capital
160,125.
2.Reserves
12,936.
-10012
4.Others
9,207.
68,398.
0.0
17,841.
50,557.
240,654.
67,572.
0.0
87,845.
62,696.
5.Fixed assets
22,541.
1.Investment income
3,645.
2.Gross premium
0.0
3.Net premium
7,106.
4.Gross claims
0.0
-6829
5.Net claims
-9055
-11280
-11475
E.Other items
16,013.
2.Cash dividend
0.0
0.0
-10686
-7.04%
-4.77%
-.72
-96.1%
78.91%
51.29%
G.Liquidity ratios
28.08%
36.5%
67.75%
10.18
I.Cash flow ratio
93.12%
203
2012
(Thousand Rupees)
2009
2010
2011
2012
209,329.
264,580.
266,684.
266,684.
200,157.
250,196.
262,705.
262,705.
12,936.
12,936.
425.
425.
-3764
1,448.
3,554.
3,554.
8,747.
8,700.
8,657.
8,657.
122,898.
118,146.
61,818.
61,818.
0.0
0.0
0.0
0.0
48,904.
107,853.
55,346.
55,346.
73,994.
10,293.
6,472.
6,472.
340,974.
391,426.
337,159.
337,159.
71,516.
71,853.
43,800.
43,800.
0.0
0.0
0.0
0.0
91,019.
34,185.
31,372.
31,372.
156,426.
263,307.
237,589.
237,589.
22,013.
22,081.
24,398.
24,398.
12,870.
55,593.
10,682.
9,480.
389.
6,956.
5,787.
8,705.
4,298.
4,298.
55,593.
22,949.
22,949.
12,619.
4,375.
4,375.
9,480.
31,949.
31,949.
2,878.
4,007.
4,007.
-6154
830. -6154
6,813.
3,171.
3,171.
5,164.
2,061.
2,061.
20,016.
0.0
0.0
-53545
25,020.
26,271.
26,271.
0.0
0.0
0.0
0.0
0.0
0.0
-32206
1,144. -32206
-1590
2.76%
1.7%
.29
-14.88%
6.72%
120.48%
1.95%
1.32%
.21
22.81%
16.07%
68.98%
.77%
.61%
.08
91.59%
-298.59%
98.24%
.77%
.61%
.08
91.59%
-298.59%
98.24%
20.97%
26.69%
18.36%
8.73%
12.99%
9.3%
12.99%
9.3%
61.39%
10.46
67.59%
10.57
79.1%
10.15
79.1%
10.15
-925.26%
22.15%
-1,562.64%
-1,562.64%
Century Insurance Co. Ltd.

2008
Items
921,959.
1.Share capital
457,244.
2.Reserves
373,024.
91,691.
4.Others
0.0
371,585.
0.0
330,418.
41,167.
1,293,544.
316,416.
0.0
464,449.
470,132.
5.Fixed assets
42,547.
-38041
1.Investment income
2.Gross premium
406,147.
3.Net premium
241,371.
4.Gross claims
338,942.
5.Net claims
79,296.
122,260.
53,753.
18,422.
E.Other items
45,724.
2.Cash dividend
0.0
0.0
-167937
2.%
1.42%
.4
32.85%
663.66%
-15.76%
G.Liquidity ratios
24.46%
35.91%
71.27%
20.16
I.Cash flow ratio
-911.61%
204
2012
(Thousand Rupees)
2009
2010
2011
2012
852,000.
961,633.
952,285.
1,023,560.
457,244.
457,244.
457,244.
457,244.
373,024.
373,024.
373,024.
373,024.
21,732.
131,365.
122,017.
193,292.
0.0
0.0
0.0
0.0
299,836.
368,834.
520,940.
588,550.
0.0
0.0
0.0
0.0
259,048.
312,834.
432,518.
480,604.
40,788.
56,000.
88,422.
107,946.
1,151,836.
1,330,467.
1,473,225.
1,612,110.
75,313.
87,060.
97,520.
90,511.
0.0
0.0
0.0
0.0
735,978.
840,031.
859,878.
998,097.
297,334.
359,760.
467,104.
479,545.
43,211.
43,616.
48,723.
43,957.
-73034
427,410.
206,646.
96,319.
64,707.
95,030.
-39947
-69958
105,875.
467,394.
219,070.
201,235.
106,646.
63,644.
121,062.
109,631.
22,333.
496,034.
225,191.
182,130.
80,505.
87,325.
53,363.
36,349.
104,967.
576,734.
268,223.
320,770.
112,042.
83,914.
130,026.
116,872.
45,724.
0.0
0.0
117,191.
45,724.
10.%
0.0
8,867.
45,724.
10.%
0.0
57,370.
45,724.
12.5%
0.0
50,840.
-8.21%
-6.07%
-1.53
31.31%
-135.84%
-35.34%
11.4%
8.24%
2.4
48.68%
58.05%
48.33%
3.82%
2.47%
.79
35.75%
240.24%
9.92%
11.42%
7.25%
2.56
41.77%
71.8%
39.13%
6.54%
63.9%
6.54%
63.14%
6.62%
58.37%
5.61%
61.91%
73.97%
18.63
72.28%
21.03
64.64%
20.83
63.49%
22.39
-167.52%
8.09%
157.83%
43.5%
Cyan Ltd.
2008
Items
4,187,070.
1.Share capital
184,581.
2.Reserves
133,088.
3,869,401.
4.Others
0.0
156,610.
0.0
137,895.
18,715.
4,343,680.
64,773.
0.0
4,124,141.
151,606.
5.Fixed assets
3,160.
1.Investment income
128,412.
2.Gross premium
110,070.
3.Net premium
14,758.
4.Gross claims
24,235.
5.Net claims
6,562.
14,993.
133,687.
116,421.
E.Other items
18,458.
2.Cash dividend
20.%
20.%
5,914.
2.78%
2.68%
6.31
44.46%
12.88%
870.12%
G.Liquidity ratios
1.49%
94.95%
96.39%
226.84
I.Cash flow ratio
5.08%
205
2012
(Thousand Rupees)
2009
2010
2011
2012
3,293,190.
3,355,818.
3,116,433.
4,407,842.
203,039.
279,179.
390,851.
586,277.
133,088.
133,088.
133,088.
133,088.
2,957,063.
2,943,551.
2,592,494.
3,688,477.
0.0
528,709.
37,670.
56,566.
155,731.
179,752.
48,544.
174,412.
0.0
0.0
0.0
0.0
141,349.
110,234.
32,040.
10,750.
14,382.
69,518.
16,504.
163,662.
3,448,921.
4,064,279.
3,202,647.
4,638,820.
65,136.
8,296.
8,330.
13,494.
0.0
29,595.
100.
1,825.
3,249,876.
3,927,349.
2,947,025.
4,533,865.
131,369.
97,108.
245,602.
63,442.
2,540.
1,931.
1,590.
26,194.
128,412.
123,891.
13,397.
50,816.
7,695.
10,774.
-844897
-855118
179,500.
117,092.
10,509.
1,095.
4,701.
3,996.
110,272.
108,312.
20,304.
27,918.
20.%
25.%
20.%
50.%
9,519. -43834
479,664.
1,780,134.
13,342.
28,780.
-4503
0.0
-14815
5,406.
9,588. -37
-12835
0.0
-159254
1,504,041.
-197508
1,429,222.
39,085.
25.%
0.0
86,197.
58,628.
40.%
50.%
8,251.
-25.97%
-24.79%
-42.12
57.44%
-1.26%
958.51%
3.23%
2.66%
3.88
44.73%
3.69%
1,708.06%
-6.34%
-6.17%
-5.05
-212.92%
6.5%
-10,652.1%
32.42%
30.81%
24.38
1.89%
94.23%
.2%
96.63%
.26%
92.02%
.29%
97.74%
95.48%
162.19
82.57%
120.2
97.31%
79.73
95.02%
75.18
-1.11%
-40.47%
-43.64%
.58%
0.0
-
E.F.U.General Insurance Co. Ltd.

2008
Items
10,093,041.
1.Share capital
1,150,000.
2.Reserves
14,400,000.
-5456959
4.Others
12,902.
11,123,749.
0.0
10,277,630.
846,119.
21,229,692.
1,303,684.
2,880.
12,091,082.
7,223,793.
5.Fixed assets
608,253.
-5299619
1.Investment income
2.Gross premium
9,598,000.
3.Net premium
6,136,944.
4.Gross claims
7,418,000.
5.Net claims
4,369,507.
371,433.
-5442922
-5471226
E.Other items
115,000.
2.Cash dividend
32.5%
0.0
-507154
-54.21%
-25.77%
-47.58
71.2%
-6.79%
-86.36%
G.Liquidity ratios
6.14%
56.95%
47.54%
87.77
I.Cash flow ratio
9.27%
206
2012
(Thousand Rupees)
2009
2010
2011
2012
10,451,590.
9,591,171.
9,995,869. 11,131,164.
1,150,000.
1,250,000.
1,250,000.
1,250,000.
8,500,000.
8,662,902.
8,162,902.
8,362,902.
801,590. -321731
582,967.
1,518,262.
12,902.
0.0
0.0
0.0
11,474,458. 14,950,498. 14,382,169. 17,904,942.
0.0
0.0
0.0
0.0
9,710,098. 13,849,184. 12,805,452. 16,120,715.
1,764,360.
1,101,314.
1,576,717.
1,784,227.
21,938,950. 24,541,669. 24,378,038. 29,036,106.
1,349,606.
1,706,571.
1,758,119.
1,669,886.
2,775.
3,293.
3,326.
2,612.
12,885,838. 11,899,434. 12,552,086. 13,611,374.
7,155,256. 10,223,286.
9,304,862. 12,881,591.
545,475.
709,085.
759,645.
870,643.
673,524. -357955
9,694,833.
9,699,192.
5,570,211.
5,846,591.
5,267,381.
8,176,868.
3,911,444.
3,941,583.
66,535.
111,875.
801,443. -359763
732,299. -413321
185,101.
11,432,816.
6,224,495.
4,809,747.
3,707,552.
693,348.
841,544.
560,948.
850,792.
12,000,528.
6,008,956.
8,225,355.
3,297,441.
678,793.
1,674,817.
1,604,045.
115,000.
40.%
8.7%
204,961.
125,000.
12.5%
0.0
140,124.
125,000.
27.5%
0.0
434,352.
125,000.
50.%
0.0
292,396.
7.01%
3.34%
6.37
70.22%
9.09%
12.09%
-4.31%
-1.68%
-3.31
67.42%
-27.07%
-6.12%
5.61%
2.3%
4.49
59.56%
123.6%
2.97%
14.41%
5.52%
12.83
54.88%
42.32%
14.16%
6.15%
58.73%
6.95%
48.49%
7.21%
51.49%
5.75%
46.88%
47.64%
90.88
39.08%
76.73
41.%
79.97
38.34%
89.05
27.99%
-33.9%
77.43%
18.23%
East West Insurance Co. Ltd.

2008
Items
866,835.
1.Share capital
228,526.
2.Reserves
110,200.
528,109.
4.Others
0.0
406,489.
0.0
76,513.
329,976.
1,273,324.
76,231.
0.0
813,959.
280,529.
5.Fixed assets
102,605.
1.Investment income
255,149.
2.Gross premium
0.0
3.Net premium
405,705.
4.Gross claims
0.0
5.Net claims
168,452.
80,338.
277,016.
265,827.
E.Other items
22,853.
2.Cash dividend
0.0
0.0
47,017.
30.67%
20.88%
11.63
41.52%
30.22%
62.89%
G.Liquidity ratios
5.99%
63.92%
68.08%
37.93
I.Cash flow ratio
17.69%
207
2012
(Thousand Rupees)
2009
2010
2011
2012
329,712.
338,155.
398,043.
466,100.
228,526.
251,379.
301,655.
331,820.
100,200.
77,200.
75,000.
100,000.
986.
9,576.
21,388.
34,280.
0.0
0.0
0.0
0.0
330,770.
295,487.
315,912.
369,252.
0.0
0.0
0.0
0.0
41,679.
290,341.
264,150.
308,978.
289,091.
5,146.
51,762.
60,274.
660,482.
633,642.
713,955.
835,352.
55,220.
40,123.
52,573.
62,204.
0.0
0.0
0.0
0.0
232,810.
191,758.
243,535.
354,417.
257,468.
276,918.
307,104.
360,532.
114,984.
124,843.
110,743.
58,199.
-561658
31,561.
674,106.
584,241.
436,968.
331,968.
314,945.
306,991.
178,296. -151321
89,271.
45,451.
-527995
15,548.
537,123.
8,443.
31,364.
630,251.
387,685.
233,491.
153,899.
81,803.
47,871.
34,750.
36,777.
868,297.
467,724.
346,612.
179,314.
112,964.
84,251.
68,057.
22,853.
0.0
0.0
10,293.
25,138.
0.0
10.%
1,846.
30,166.
0.0
10.%
8,777.
33,182.
0.0
10.%
42,607.
162.91%
81.32%
23.5
40.8%
16.62%
-128.54%
2.5%
1.33%
.34
-45.58%
538.33%
9.51%
8.73%
4.87%
1.15
39.7%
235.4%
8.09%
14.6%
8.15%
2.05
38.34%
165.98%
7.86%
8.36%
35.25%
6.33%
30.26%
7.36%
34.11%
7.45%
42.43%
49.92%
14.43
53.37%
13.45
55.75%
13.2
55.8%
14.05
1.92%
21.86%
25.26%
62.6%
Excel Insurance Co. Ltd.

2008
Items
181,754.
1.Share capital
160,000.
2.Reserves
110.
21,644.
4.Others
0.0
41,139.
0.0
20,825.
20,314.
222,893.
13,365.
0.0
155,044.
44,208.
5.Fixed assets
10,276.
1.Investment income
17,299.
2.Gross premium
42,018.
3.Net premium
18,289.
4.Gross claims
19,199.
5.Net claims
7,236.
1,164.
9,444.
21,644.
E.Other items
16,000.
2.Cash dividend
0.0
0.0
1,829.
11.91%
9.71%
1.35
39.56%
5.38%
94.59%
G.Liquidity ratios
6.%
69.56%
81.54%
11.36
I.Cash flow ratio
8.45%
208
2012
(Thousand Rupees)
2009
2010
2011
2012
203,725.
282,954.
273,653.
305,087.
200,000.
250,000.
300,000.
300,000.
110.
32,844.
110.
110.
3,615.
110. -26457
4,977.
0.0
0.0
0.0
0.0
33,172.
24,544.
16,155.
16,203.
0.0
0.0
0.0
0.0
26,495.
17,207.
10,347.
12,393.
6,677.
7,337.
5,808.
3,810.
236,897.
307,498.
289,808.
321,290.
101,131.
57,683.
24,336.
79,520.
0.0
0.0
0.0
0.0
59,941.
185,621.
202,220.
197,008.
67,069.
57,457.
58,002.
40,523.
8,756.
6,737.
5,250.
4,239.
2,741.
42,018.
18,051.
19,199.
4,551.
2,607.
-931
-2029
37,011.
11,798.
61,279.
31,108.
15,077.
13,299.
16,090.
6,022.
6,724.
5,905.
5,905.
14,220.
4,272.
1,762.
4,769.
-4078
1,033. -3087
31,689. -7744
33,289.
29,229. -9301
31,434.
20,000.
25,000.
25,000.
0.0
0.0
0.0
0.0
0.0
20.%
-19075
-9252
-20254
25,000.
0.0
0.0
3,156.
-1.%
-.86%
-.1
25.21%
-128.49%
15.18%
10.33%
9.51%
1.17
26.55%
3.53%
230.02%
-3.4%
-3.21%
-.37
29.26%
33.19%
195.91%
10.3%
9.78%
1.26
70.93%
-12.97%
911.35%
42.69%
25.3%
18.76%
60.36%
8.4%
69.78%
24.75%
61.32%
86.%
10.19
92.02%
11.32
94.43%
10.95
94.96%
12.2
940.12%
-31.65%
217.76%
10.04%
Habib Insurance Co. Ltd.

2008
Items
663,290.
1.Share capital
355,914.
2.Reserves
654,122.
-346746
4.Others
0.0
794,176.
0.0
592,613.
201,563.
1,457,466.
57,435.
1,899.
719,561.
634,086.
5.Fixed assets
44,485.
-390531
1.Investment income
2.Gross premium
734,275.
3.Net premium
397,960.
4.Gross claims
380,313.
5.Net claims
202,219.
67,687.
-379447
-396428
E.Other items
71,182.
2.Cash dividend
12.5%
12.5%
-88311
-59.77%
-27.2%
-5.57
50.81%
-17.07%
-98.13%
G.Liquidity ratios
3.94%
49.37%
45.51%
9.32
I.Cash flow ratio
22.28%
209
2012
(Thousand Rupees)
2009
2010
2011
2012
823,544.
851,885.
878,080.
960,455.
400,403.
400,403.
450,454.
495,499.
204,122.
197,360.
254,122.
254,122.
219,019.
254,122.
173,504.
210,834.
0.0
0.0
0.0
0.0
792,791.
815,100.
999,996.
1,043,513.
0.0
0.0
0.0
0.0
540,481.
570,936.
703,681.
703,132.
252,310.
244,164.
296,315.
340,381.
1,616,335.
1,666,985.
1,878,076.
2,003,968.
26,520.
57,999.
50,432.
78,598.
1,899.
3,143.
31,237.
29,221.
932,041.
925,540.
916,434.
1,056,208.
611,390.
641,355.
865,848.
828,112.
44,485.
38,948.
14,125.
11,829.
-390531
734,275.
397,960.
380,313.
202,219.
67,687.
-379447
-396428
117,389.
841,955.
420,310.
436,243.
231,180.
60,193.
149,044.
126,296.
204,350.
938,844.
435,966.
408,195.
229,906.
63,023.
209,749.
194,988.
80,081.
90,091.
25.%
25.%
12.5%
10.%
4,160. -77378
99,100.
35.%
0.0
64,313.
-48.14%
-24.53%
-5.57
50.81%
-17.07%
-98.13%
19.78%
10.11%
2.1
46.57%
51.92%
37.85%
14.38%
6.72%
1.4
55.%
47.66%
27.93%
20.3%
9.73%
1.97
52.73%
32.32%
46.87%
1.64%
57.66%
3.48%
55.52%
2.69%
48.8%
3.92%
52.71%
50.95%
11.57
51.1%
10.64
46.75%
9.75
47.93%
9.69
22.28%
2.47%
-61.27%
32.98%
71,182.
12.5%
12.5%
-88311
149,355.
754,013.
394,643.
317,065.
183,787.
87,471.
192,188.
168,482.
Hallmark Insurance Co. Ltd.

2008
Items
879.
1.Share capital
5,000.
2.Reserves
0.0
-4121
4.Others
0.0
3,301.
0.0
1,448.
1,853.
4,180.
964.
0.0
0.0
1,828.
5.Fixed assets
1,388.
1.Investment income
0.0
2.Gross premium
0.0
3.Net premium
0.0
4.Gross claims
0.0
5.Net claims
0.0
0.0
-272
-272
E.Other items
500.
2.Cash dividend
0.0
0.0
-232
-30.94%
-6.51%
-.54
0.0
G.Liquidity ratios
23.06%
0.0
21.03%
1.76
I.Cash flow ratio
85.29%
210
2012
2009
(Thousand Rupees)
2011
2012
-28
-148
5,000.
5,000.
0.0
0.0
-5028
-5148
0.0
0.0
2,226.
4,796.
0.0
0.0
1,448.
1,448.
778.
3,348.
2,198.
4,648.
492.
492.
0.0
0.0
0.0
0.0
610.
3,060.
1,096.
1,096.
2010
600.
5,000.
0.0
-4400
115.
5,000.
0.0
-4885
0.0
3,336.
0.0
1,448.
1,888.
3,936.
720.
0.0
0.0
1,828.
1,388.
0.0
3,412.
0.0
1,448.
1,964.
3,527.
492.
0.0
0.0
1,910.
1,125.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
500.
0.0
0.0
500.
0.0
0.0
500.
0.0
0.0
0.0
500.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
81.08%
-2.58%
-.24
-279
-279
-244
0.0
0.0
0.0
0.0
0.0
0.0
0.0 -120
0.0 -120
-228
-46.5%
-7.09%
-.56
0.0
-
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-
18.29%
0.0
13.95%
0.0
22.38%
0.0
10.59%
0.0
15.24%
1.2
3.26%
.23
-1.27%
-.06
-3.18%
-.3
87.46%
0.0
IGI Insurance Ltd.

2008
Items
10,846,519.
1.Share capital
598,689.
2.Reserves
10,624,177.
-376347
4.Others
0.0
2,354,120.
0.0
878,223.
1,475,897.
13,200,639.
258,260.
0.0
11,709,948.
929,900.
5.Fixed assets
302,531.
-157476
1.Investment income
2.Gross premium
1,035,000.
3.Net premium
542,515.
4.Gross claims
423,000.
5.Net claims
240,931.
193,166.
-404103
-377042
E.Other items
59,869.
2.Cash dividend
15.%
50.%
-27651
-3.48%
-2.86%
-6.3
44.41%
-51.23%
-29.03%
G.Liquidity ratios
1.96%
88.71%
82.17%
181.17
I.Cash flow ratio
7.33%
211
2012
(Thousand Rupees)
2009
2010
2011
2012
10,960,813. 11,575,854. 11,287,896. 10,304,893.
598,689.
718,427.
1,115,359.
1,115,359.
10,534,374. 10,264,964.
9,530,371.
8,972,692.
-172250
592,463.
642,166.
216,842.
0.0
0.0
0.0
0.0
1,405,253.
1,384,597.
2,293,133.
2,268,585.
0.0
0.0
0.0
0.0
124,523.
76,565.
1,463,515.
1,298,764.
1,280,730.
1,308,032.
829,618.
969,821.
12,366,066. 12,960,451. 13,581,029. 12,573,478.
6,809.
421.
77,517.
2,364.
0.0
0.0
0.0
0.0
11,235,758. 12,002,730. 11,713,889. 10,757,025.
842,954.
783,406.
1,634,350.
1,657,741.
280,545.
173,894.
155,273.
156,348.
-414649
1,155,775.
614,586.
437,930.
257,052.
253,103.
364,766.
263,966.
929,344.
1,247,470.
720,733.
473,625.
364,411.
205,095.
920,771.
836,556.
492,524.
402,173.
1,600,781.
1,816,693.
852,329.
939,849.
1,388,264.
852,763.
530,525.
583,482.
207,782.
231,831.
56,632. -414196
49,703. -425324
59,869.
35.%
0.0
126,941.
71,843.
111,536.
30.%
50.%
55.%
15.%
278,667. -18106
111,536.
30.%
0.0
176,895.
2.41%
2.13%
4.41
41.83%
95.88%
-67.47%
7.23%
6.45%
11.64
50.56%
24.52%
128.94%
.44%
.37%
.45
62.24%
418.05%
57.79%
-4.13%
-3.38%
-3.81
62.08%
-54.51%
42.79%
.06%
90.86%
0.0
92.61%
.57%
86.25%
.02%
85.55%
88.64%
183.08
89.32%
161.13
83.12%
101.2
81.96%
92.39
48.09%
33.31%
-36.43%
-41.59%
Jubilee General Insurance Co. Ltd.

2008
Items
2,061,314.
1.Share capital
659,148.
2.Reserves
1,553,232.
-151066
4.Others
0.0
3,363,858.
0.0
2,749,505.
614,353.
5,425,172.
1,670,155.
364.
1,554,039.
2,102,654.
5.Fixed assets
97,960.
1.Investment income
181,707.
2.Gross premium
3,526,000.
3.Net premium
2,186,443.
4.Gross claims
1,829,800.
5.Net claims
1,332,461.
108,115.
-179153
-267249
E.Other items
65,915.
2.Cash dividend
0.0
0.0
-102885
-12.96%
-4.93%
-4.05
60.94%
-40.45%
8.31%
G.Liquidity ratios
30.79%
28.64%
38.%
31.27
I.Cash flow ratio
38.5%
212
2012
(Thousand Rupees)
2009
2010
2011
2012
2,621,006.
2,903,875.
3,542,869.
4,072,828.
659,148.
790,977.
988,721.
1,186,465.
1,255,332.
1,579,384.
1,679,384.
2,009,384.
706,526.
533,514.
874,764.
876,979.
0.0
0.0
0.0
0.0
3,798,883.
4,798,183.
5,431,966.
6,686,553.
0.0
0.0
0.0
0.0
3,040,509.
3,749,612.
4,171,474.
5,090,734.
758,374.
1,048,571.
1,260,492.
1,595,819.
6,419,889.
7,702,058.
8,974,835. 10,759,381.
2,028,132.
974,783.
967,361.
1,259,538.
294.
791.
849.
757.
1,902,811.
3,855,601.
5,082,078.
6,076,310.
2,382,103.
2,776,025.
2,827,350.
3,284,143.
106,549.
94,858.
97,197.
138,633.
452,253.
407,598.
3,916,086.
4,223,635.
2,297,720.
2,451,227.
1,951,318.
2,291,778.
1,420,977.
1,677,614.
114,121. -64085
771,898.
546,682.
656,464.
450,151.
611,966.
4,869,348.
2,764,204.
2,089,885.
1,699,094.
153,756.
892,911.
797,189.
631,280.
5,594,417.
3,084,738.
2,848,000.
1,910,326.
154,428.
946,079.
826,576.
65,915.
30.%
20.%
216,551.
79,098.
20.%
25.%
474,037.
98,872.
30.%
20.%
599,038.
118,647.
30.%
15.%
849,474.
25.05%
10.23%
9.96
61.84%
17.38%
19.68%
15.5%
5.84%
5.69
68.44%
-14.24%
16.63%
22.5%
8.88%
8.06
61.47%
19.29%
22.14%
20.29%
7.68%
6.97
61.93%
18.68%
20.46%
31.59%
29.64%
12.66%
50.06%
10.78%
56.63%
11.71%
56.47%
40.83%
39.76
37.7%
36.71
39.48%
35.83
37.85%
34.33
32.99%
105.31%
75.14%
102.77%
National Insurance Company Ltd.

2008
Items
14,104,699.
1.Share capital
2,000,000.
2.Reserves
10,400,000.
1,704,699.
4.Others
0.0
8,147,936.
0.0
5,944,797.
2,203,139.
22,252,635.
4,807,038.
25,298.
11,626,851.
5,711,066.
5.Fixed assets
82,382.
-389169
1.Investment income
2.Gross premium
5,492,000.
3.Net premium
2,903,518.
4.Gross claims
1,243,924.
5.Net claims
1,028,247.
1,583,379.
1,513,614.
1,050,277.
E.Other items
200,000.
2.Cash dividend
0.0
0.0
528,334.
7.45%
4.72%
5.25
35.41%
150.76%
-13.4%
G.Liquidity ratios
21.6%
52.25%
63.38%
70.52
I.Cash flow ratio
50.3%
213
2012
(Thousand Rupees)
2009
2010
2011
2012
16,137,364. 15,728,795. 15,728,795. 15,728,795.
2,000,000.
2,000,000.
2,000,000.
2,000,000.
11,500,000. 11,500,000. 11,500,000. 11,500,000.
2,637,364.
2,228,795.
2,228,795.
2,228,795.
0.0
0.0
0.0
0.0
11,135,642. 11,079,800. 11,079,800. 11,079,800.
0.0
0.0
0.0
0.0
8,186,245.
8,186,245.
8,186,245.
8,186,245.
2,949,397.
2,893,555.
2,893,555.
2,893,555.
27,273,006. 26,808,595. 26,808,595. 26,808,595.
3,514,665.
3,486,575.
3,486,575.
3,486,575.
26,767.
26,767.
26,767.
26,767.
15,416,074. 15,427,447. 15,427,447. 15,427,447.
7,312,172.
7,527,628.
7,527,628.
7,527,628.
1,003,328.
340,178.
340,178.
340,178.
2,030,436.
5,655,348.
3,004,999.
3,058,338.
986,654.
1,630,096.
3,579,468.
2,524,567.
2,011,000.
5,655,000.
3,005,000.
3,058,000.
987,000.
1,630,000.
3,586,000.
2,533,000.
2,011,000.
5,655,000.
3,005,000.
3,058,000.
987,000.
1,630,000.
3,586,000.
2,533,000.
2,011,000.
5,655,000.
3,005,000.
3,058,000.
987,000.
1,630,000.
3,586,000.
2,533,000.
200,000.
200,000.
200,000.
200,000.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-1316
-1316
1,023,667. -1316
15.64%
9.26%
12.62
32.83%
64.57%
67.57%
16.1%
9.45%
12.67
32.85%
64.35%
66.92%
16.1%
9.45%
12.67
32.85%
64.35%
66.92%
16.1%
9.45%
12.67
32.85%
64.35%
66.92%
12.89%
56.53%
13.01%
57.55%
13.01%
57.55%
13.01%
57.55%
59.17%
80.69
58.67%
78.64
58.67%
78.64
58.67%
78.64
40.55%
-.05%
-.05%
-.05%
New Hampshire Insurance Co. Ltd.

2008
Items
1,073,053.
1.Share capital
1,073,053.
2.Reserves
0.0
0.0
4.Others
0.0
814,820.
0.0
141,802.
673,018.
1,887,873.
546,920.
0.0
435,617.
817,610.
5.Fixed assets
87,726.
1.Investment income
92,189.
2.Gross premium
0.0
3.Net premium
479,927.
4.Gross claims
0.0
5.Net claims
205,594.
152,668.
82,599.
52,498.
E.Other items
107,305.
2.Cash dividend
0.0
0.0
-224313
4.89%
2.78%
.49
42.84%
290.81%
19.21%
G.Liquidity ratios
28.97%
23.07%
56.84%
10.
I.Cash flow ratio
-427.28%
214
2012
(Thousand Rupees)
2009
2010
2011
2012
1,241,289.
928,058.
1,002,279.
1,002,279.
1,241,289.
928,058.
1,002,279.
1,002,279.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
956,695.
1,596,194.
1,751,481.
1,751,481.
0.0
0.0
0.0
0.0
216,705.
1,288,621.
1,431,277.
1,431,277.
739,990.
307,573.
320,204.
320,204.
2,197,984.
2,524,252.
2,753,760.
2,753,760.
319,850.
682,920.
1,106,672.
1,106,672.
0.0
0.0
0.0
0.0
863,092.
751,912.
529,831.
529,831.
936,126.
1,025,504.
1,056,922.
1,056,922.
78,916.
63,916.
60,335.
60,335.
131,761.
849,199.
382,172.
406,573.
169,222.
98,923.
32,203.
17,142.
158,726.
849,199.
405,937.
406,573.
201,105.
103,498.
92,783.
56,577.
177,545.
1,240,273.
443,395.
470,519.
268,243.
66,829.
108,147.
74,221.
177,545.
1,240,273.
443,395.
470,519.
268,243.
66,829.
108,147.
74,221.
124,129.
0.0
0.0
104,776.
92,806.
0.0
0.0
106,751.
100,228.
0.0
0.0
35,739.
100,228.
0.0
0.0
35,739.
1.38%
.78%
.14
44.28%
577.08%
34.48%
6.1%
2.24%
.61
49.54%
182.93%
39.1%
7.41%
2.7%
.74
60.5%
90.04%
40.04%
7.41%
2.7%
.74
60.5%
90.04%
40.04%
14.55%
39.27%
27.05%
29.79%
40.19%
19.24%
40.19%
19.24%
56.47%
10.
36.77%
10.
36.4%
10.
36.4%
10.
611.22%
188.68%
48.15%
48.15%
Pakistan Mutual Insurance Co. Ltd.

2008
Items
2,679.
1.Share capital
0.0
2.Reserves
29.
2,650.
4.Others
0.0
6,577.
0.0
6,051.
526.
9,256.
3,053.
0.0
16.
2,879.
5.Fixed assets
3,308.
1.Investment income
94.
2.Gross premium
0.0
3.Net premium
4,855.
4.Gross claims
0.0
-446
5.Net claims
-2409
-1514
-1547
E.Other items
0.0
2.Cash dividend
0.0
0.0
0.0
-57.75%
-16.71%
-9.19%
155.72%
1.94%
G.Liquidity ratios
32.98%
.17%
28.94%
I.Cash flow ratio
0.0
215
2012
2009
2010
2,446.
0.0
29.
2,417.
0.0
5,037.
0.0
4,724.
313.
7,483.
1,778.
0.0
0.0
2,889.
2,816.
2,834.
0.0
29.
2,805.
0.0
3,472.
0.0
2,270.
1,202.
6,306.
515.
240.
0.0
2,684.
2,867.
77.
5,223.
5,009.
0.0
0.0
5,223.
4,900.
0.0
64.
-236
-2179
-1545
-1560
-1941
-1328
-1377
0.0
0.0
0.0
-1389168
0.0
6,966.
6,170.
633.
593.
-1950
0.0
0.0
0.0
-48.59%
-21.84%
-
0.0
11,812.
9,582.
2,551.
2,302.
-1395
6,183.
206. -6870
0.0
0.0
0.0
206. -6870
-1524
-63.78%
-20.85%
-
(Thousand Rupees)
2011
2012
8,936.
9,164.
0.0
0.0
29.
29.
8,907.
9,135.
0.0
0.0
5,157.
10,543.
0.0
0.0
3,881.
7,771.
1,276.
2,772.
14,093.
19,707.
9,210.
2,723.
420.
500.
0.0
0.0
3,041.
13,918.
1,422.
2,566.
2.31%
1.46%
-
276.
0.0
0.0
0.0
-74.97%
-34.86%
-
-4.71%
139.68%
1.54%
1.31%
140.96%
0.0
9.61%
-946.6%
0.0
24.02%
20.31%
0.0
23.76%
0.0
8.17%
0.0
65.35%
0.0
13.82%
0.0
32.69%
-
44.94%
-
89,049.23%
63.41%
-
110.68%
46.5%
-
100.%
100.%
Pakistan Reinsurance Co. Ltd.

2008
Items
7,265,744.
1.Share capital
3,000,000.
2.Reserves
2,058,419.
2,207,325.
4.Others
0.0
5,262,715.
0.0
4,908,677.
354,038.
12,528,459.
2,836,632.
53,006.
5,506,687.
4,091,466.
5.Fixed assets
40,668.
1.Investment income
846,394.
2.Gross premium
4,516,903.
3.Net premium
1,895,574.
4.Gross claims
1,654,119.
5.Net claims
961,692.
206,136.
1,138,999.
886,225.
E.Other items
300,000.
2.Cash dividend
0.0
0.0
-19026
12.2%
7.07%
2.95
50.73%
23.26%
44.65%
G.Liquidity ratios
22.64%
43.95%
57.99%
24.22
I.Cash flow ratio
-2.15%
216
2012
(Thousand Rupees)
2009
2010
2011
2012
6,785,655.
6,411,908.
6,356,722.
6,560,589.
3,000,000.
3,000,000.
3,000,000.
3,000,000.
2,058,419.
2,058,419.
2,058,420.
2,058,419.
1,727,236.
1,353,489.
1,298,302.
1,502,170.
0.0
0.0
0.0
0.0
5,586,960.
6,122,986.
6,521,215.
8,004,087.
0.0
0.0
0.0
0.0
5,284,063.
437,230.
5,926,236.
7,017,143.
302,897.
5,685,756.
594,979.
986,944.
12,372,615. 12,534,894. 12,877,937. 14,564,676.
1,833,648.
2,416,631.
1,597,263.
2,014,445.
53,667.
55,092.
56,634.
60,591.
5,526,830.
4,716,518.
5,832,677.
6,472,216.
4,909,805.
5,299,237.
5,342,323.
5,964,541.
48,665.
47,416.
49,040.
52,883.
1,099,396.
5,211,129.
2,170,949.
1,021,680.
904,799.
481,499.
318,280.
269,911.
653,470.
6,445,810.
2,940,508.
2,821,099.
1,688,408.
291,143.
650,504.
526,253.
890,804.
6,458,628.
3,534,950.
2,570,843.
2,017,545.
379,426.
1,257,528.
844,813.
918,243.
7,691,036.
4,096,084.
3,017,986.
2,217,053.
508,757.
1,481,084.
1,103,867.
300,000.
0.0
0.0
-122713
300,000.
30.%
0.0
114,425.
300,000.
30.%
0.0
412,255.
300,000.
25.%
0.0
973,379.
3.98%
2.18%
.9
41.68%
178.39%
50.64%
8.21%
4.2%
1.75
57.42%
55.32%
22.22%
13.29%
6.56%
2.82
57.07%
44.91%
25.2%
16.83%
7.58%
3.68
54.13%
46.09%
22.42%
14.82%
44.67%
19.28%
37.63%
12.4%
45.29%
13.83%
44.44%
54.84%
22.62
51.15%
21.37
49.36%
21.19
45.04%
21.87
-45.46%
21.74%
48.8%
88.18%
PICIC Insurance Ltd.

2008
Items
208,956.
1.Share capital
350,000.
2.Reserves
0.0
-141044
4.Others
0.0
495,280.
0.0
440,432.
54,848.
704,236.
187,410.
0.0
37,107.
466,003.
5.Fixed assets
13,716.
-3296
1.Investment income
2.Gross premium
468,116.
3.Net premium
227,853.
4.Gross claims
286,575.
5.Net claims
154,262.
-18738
-50417
-53252
E.Other items
35,000.
2.Cash dividend
0.0
0.0
-118820
-25.48%
-7.56%
-1.52
67.7%
35.19%
-1.45%
G.Liquidity ratios
26.61%
5.27%
29.67%
5.97
I.Cash flow ratio
223.13%
217
2012
(Thousand Rupees)
2009
2010
2011
2012
225,810.
230,837.
242,607.
217,286.
350,000.
350,000.
350,000.
350,000.
0.0
0.0
0.0
0.0
-124190
-119163
-107393
-132714
0.0
0.0
0.0
0.0
505,279.
689,085.
824,125.
749,487.
0.0
0.0
0.0
0.0
122,024.
683,269.
687,733.
661,595.
383,255.
5,816.
136,392.
87,892.
731,089.
919,922.
1,066,732.
966,773.
161,010.
217,889.
236,273.
245,535.
0.0
0.0
0.0
0.0
45,118.
50,654.
54,182.
66,034.
521,878.
643,136.
767,957.
650,557.
3,083.
8,243.
8,320.
4,647.
10,942.
480,130.
199,656.
196,405.
106,295.
10,942.
16,854.
16,854.
35,000.
0.0
0.0
-56889
6,221.
504,873.
166,770.
195,243.
91,135.
4,890.
5,090.
5,027.
3,441.
13,529.
566,835.
604,935.
224,914.
322,840.
297,079.
356,693.
143,668.
211,887.
19,981. -11755
8,424. -24661
11,770. -25321
35,000.
35,000.
35,000.
0.0
0.0
0.0
0.0
0.0
0.0
-14966
44,113. -9543
7.46%
2.31%
.48
53.24%
64.92%
5.48%
2.18%
.55%
.14
54.65%
97.27%
3.73%
4.85%
1.1%
.34
63.88%
169.76%
1.53%
-11.65%
-2.62%
-.72
65.63%
46.42%
4.19%
22.02%
6.17%
23.69%
5.51%
22.15%
5.08%
25.4%
6.83%
30.89%
6.45
25.09%
6.6
22.74%
6.93
22.48%
6.21
-337.54%
877.52%
-81.08%
59.11%
Premier Insurance Ltd.

2008
Items
1,768,874.
1.Share capital
239,385.
2.Reserves
1,420,025.
109,464.
4.Others
0.0
932,492.
0.0
647,483.
285,009.
2,701,366.
885,314.
3,118.
632,744.
984,296.
5.Fixed assets
195,894.
1.Investment income
185,627.
2.Gross premium
577,114.
3.Net premium
295,834.
4.Gross claims
0.0
5.Net claims
138,807.
8,393.
-44911
-37435
E.Other items
47,876.
2.Cash dividend
20.%
10.%
-171407
-2.12%
-1.39%
-.78
46.92%
-22.42%
62.75%
G.Liquidity ratios
32.77%
23.42%
65.48%
36.95
I.Cash flow ratio
457.88%
218
2012
(Thousand Rupees)
2009
2010
2011
2012
1,774,340.
1,842,658.
1,838,009.
1,781,379.
263,323.
302,821.
302,821.
302,821.
1,270,025.
1,270,025.
1,345,025.
1,345,025.
240,992.
269,812.
190,163.
133,533.
0.0
0.0
0.0
0.0
1,014,379.
1,258,622.
1,463,640.
1,524,480.
0.0
0.0
0.0
0.0
649,875.
843,830.
1,005,827.
1,036,431.
364,504.
414,792.
457,813.
488,049.
2,788,719.
3,101,280.
3,301,649.
3,305,859.
220,578.
153,847.
186,633.
146,836.
2,412.
1,706.
1,000.
0.0
1,302,087.
1,399,216.
1,346,206.
1,305,644.
1,067,030.
1,293,978.
1,515,190.
1,597,807.
196,612.
252,533.
252,620.
255,572.
222,181.
620,729.
335,456.
367,395.
149,398.
20,952.
79,653.
53,343.
158,638.
728,833.
376,719.
411,069.
168,204.
16,882.
141,746.
120,983.
143,448.
72,570.
893,245.
1,039,825.
462,416.
532,481.
610,838.
840,923.
218,828.
327,412.
4,949. -60960
90,009. -15725
71,056.
3,934.
52,665.
60,564.
60,564.
60,564.
20.%
25.%
20.%
20.%
15.%
15.%
0.0
0.0
-56802
-48672
-92662
-91886
3.01%
1.91%
1.01
44.54%
39.28%
66.23%
6.57%
3.9%
2.
44.65%
13.95%
42.11%
3.87%
2.15%
1.17
47.32%
6.96%
31.02%
.22%
.12%
.06
61.49%
-1,549.57%
13.63%
7.91%
46.69%
4.96%
45.12%
5.65%
40.77%
4.44%
39.49%
63.63%
33.69
59.42%
30.42
55.67%
30.35
53.89%
29.41
-106.48%
-40.23%
-130.41%
-2,335.69%
Reliance Insurance Co. Ltd.

2008
Items
355,226.
1.Share capital
229,092.
2.Reserves
85,105.
41,029.
4.Others
0.0
583,496.
0.0
532,062.
51,434.
938,722.
85,033.
965.
285,858.
495,355.
5.Fixed assets
71,511.
1.Investment income
18,263.
2.Gross premium
650,698.
3.Net premium
445,543.
4.Gross claims
458,356.
5.Net claims
208,358.
48,173.
52,260.
40,510.
E.Other items
22,909.
2.Cash dividend
0.0
10.%
-13817
11.4%
4.32%
1.77
46.76%
118.92%
4.1%
G.Liquidity ratios
9.06%
30.45%
37.84%
15.51
I.Cash flow ratio
-34.11%
219
2012
(Thousand Rupees)
2009
2010
2011
2012
322,582.
438,611.
515,428.
578,713.
252,002.
252,002.
318,940.
318,940.
92,605.
87,500.
90,000.
90,000.
-22025
99,109.
106,488.
169,773.
0.0
0.0
0.0
0.0
581,766.
528,942.
593,506.
1,054,311.
0.0
0.0
0.0
0.0
498,766.
457,422.
494,137.
970,483.
83,000.
71,520.
99,369.
83,828.
904,348.
967,553.
1,108,934.
1,633,024.
63,046.
57,541.
79,824.
68,760.
1,061.
756.
922.
1,566.
282,690.
348,699.
406,541.
436,862.
493,071.
498,844.
560,732.
1,063,195.
64,480.
61,713.
60,915.
62,641.
53,862.
517,474.
326,555.
260,579.
227,456.
-51986
-30994
-32644
54,861.
503,427.
267,920.
233,442.
96,430.
31,930.
56,684.
51,934.
94,858.
553,815.
238,706.
224,614.
86,322.
15,244.
83,317.
76,817.
110,253.
573,802.
240,703.
925,506.
83,096.
17,044.
93,905.
87,205.
25,200.
25,200.
31,894.
31,894.
0.0
0.0
7.5%
0.0
10.%
.13%
12.5%
15.%
-91355
-58624
-6862
-57429
-10.12%
-3.61%
-1.3
69.65%
159.25%
16.49%
11.84%
5.37%
2.06
35.99%
61.48%
20.48%
14.9%
6.93%
2.41
36.16%
19.84%
39.74%
15.07%
5.34%
2.73
34.52%
19.54%
45.8%
6.97%
31.26%
5.95%
36.04%
7.2%
36.66%
4.21%
26.75%
35.67%
12.8
45.33%
17.41
46.48%
16.16
35.44%
18.14
279.85%
-112.88%
-8.93%
-65.86%
Saudi Pak Insurance Co. Ltd.

2008
Items
200,731.
1.Share capital
325,000.
2.Reserves
0.0
-124269
4.Others
0.0
433,973.
0.0
401,258.
32,715.
634,704.
99,822.
0.0
78,613.
417,997.
5.Fixed assets
38,272.
-12596
1.Investment income
2.Gross premium
283,451.
3.Net premium
145,286.
4.Gross claims
308,650.
-103300
5.Net claims
-44632
-59884
-59884
E.Other items
32,500.
2.Cash dividend
0.0
0.0
-78530
-29.83%
-9.43%
-1.84
-71.1%
74.53%
-8.67%
G.Liquidity ratios
15.73%
12.39%
31.63%
6.18
I.Cash flow ratio
131.14%
220
2012
2009
2010
200,869.
158,141.
325,000.
325,000.
0.0
-124131
-166859
0.0
321,830.
243,826.
0.0
299,819.
232,079.
22,011.
11,747.
522,699.
401,967.
32,389.
50,676.
672.
872.
100,488.
77,633.
357,867.
247,210.
31,283.
25,576.
10,793.
3,463.
267,730.
202,260.
124,851.
82,071.
144,837.
120,340.
69,939.
69,765.
-8221
-41545
1,472. -41543
847. -42728
32,500.
32,500.
0.0
0.0
-66841
-27744
(Thousand Rupees)
2011
2012
182,544.
257,489.
325,000.
325,000.
0.0
0.0
-142456
-67511
0.0
0.0
246,329.
272,336.
0.0
0.0
221,356.
234,364.
24,973.
37,972.
428,873.
529,825.
62,986.
70,408.
347.
501.
82,342.
93,660.
250,723.
308,901.
32,475.
56,355.
7,453.
199,712.
93,468.
58,676.
16,427.
21,020.
25,338.
24,403.
10,212.
277,121.
183,607.
103,173.
36,884.
59,435.
23,859.
74,945.
32,500.
0.0
0.0
22,208.
32,500.
0.0
0.0
41,180.
.42%
.16%
.03
56.02%
-970.6%
8.64%
-27.02%
-10.63%
-1.31
85.01%
97.23%
4.22%
13.37%
5.69%
.75
17.57%
86.14%
7.97%
29.11%
14.15%
2.31
20.09%
79.3%
5.56%
6.2%
19.22%
12.61%
19.31%
14.69%
19.2%
13.29%
17.68%
38.43%
6.18
39.34%
4.87
42.56%
5.62
48.6%
7.92
-7,891.5%
64.93%
91.01%
54.95%
Security General Insurance Co. Ltd.

2008
Items
6,532,722.
1.Share capital
680,625.
2.Reserves
2,000.
5,850,097.
4.Others
0.0
1,245,712.
0.0
249,024.
996,688.
7,778,434.
119,780.
0.0
7,225,334.
353,047.
5.Fixed assets
80,273.
1.Investment income
297,564.
2.Gross premium
210,871.
3.Net premium
69,327.
4.Gross claims
125,767.
5.Net claims
16,750.
41,819.
158,589.
153,949.
E.Other items
653,272.
2.Cash dividend
10.%
0.0
-55301
2.36%
1.98%
.24
24.16%
27.16%
429.22%
G.Liquidity ratios
1.54%
92.89%
83.99%
10.
I.Cash flow ratio
-35.92%
221
2012
(Thousand Rupees)
2009
2010
2011
2012
6,711,035.
6,948,568.
7,133,710.
7,422,279.
680,625.
680,625.
680,625.
680,625.
2,000.
2,000.
2,000.
2,000.
6,028,410.
6,265,943.
6,451,085.
6,739,654.
0.0
0.0
0.0
0.0
992,095.
1,004,648.
787,469.
1,307,668.
0.0
0.0
0.0
0.0
304,077.
376,546.
428,976.
867,932.
688,018.
628,102.
358,493.
439,736.
7,703,130.
7,953,216.
7,921,179.
8,729,947.
45,065.
42,541.
56,740.
164,617.
0.0
0.0
0.0
0.0
7,116,566.
7,295,085.
7,211,211.
7,272,990.
455,751.
530,285.
565,889.
1,185,189.
85,748.
85,305.
87,339.
107,151.
446,250.
306,795.
120,201.
66,835.
31,282.
47,155.
329,473.
314,439.
496,436.
306,795.
127,007.
66,835.
34,909.
50,465.
410,754.
373,657.
508,665.
435,692.
155,379.
144,095.
52,709.
47,583.
457,157.
389,330.
633,015.
545,980.
197,583.
267,195.
70,020.
56,112.
585,340.
526,788.
653,272.
68,063.
68,063.
10.%
0.0
30.%
0.0
0.0
0.0
-17521
-107591
-43078
68,063.
20.%
0.0
45,880.
4.69%
4.08%
.48
26.02%
15.%
371.25%
5.38%
4.7%
5.49
27.49%
13.51%
390.87%
5.46%
4.92%
5.72
33.92%
12.22%
327.37%
7.1%
6.03%
7.74
35.44%
10.65%
320.38%
.59%
92.39%
.53%
91.72%
.72%
91.04%
1.89%
83.31%
87.12%
10.27
87.37%
102.09
90.06%
104.81
85.02%
109.05
-5.57%
-28.79%
-11.06%
8.71%
Shaheen Insurance Co. Ltd.

2008
Items
207,787.
1.Share capital
175,000.
2.Reserves
20,000.
12,787.
4.Others
0.0
547,455.
0.0
490,031.
57,424.
755,242.
166,841.
1,406.
181,534.
352,515.
5.Fixed assets
52,946.
-64649
1.Investment income
2.Gross premium
701,245.
3.Net premium
575,732.
4.Gross claims
478,080.
5.Net claims
333,832.
66,392.
-63847
-71753
E.Other items
17,500.
2.Cash dividend
0.0
0.0
-30912
-34.53%
-9.5%
-4.1
57.98%
-92.53%
-11.23%
G.Liquidity ratios
22.09%
24.04%
27.51%
11.87
I.Cash flow ratio
43.08%
222
2012
(Thousand Rupees)
2009
2010
2011
2012
225,253.
196,220.
265,465.
283,373.
200,000.
200,000.
250,000.
300,000.
20,000.
20,000.
20,000.
20,000.
-4535
-36627
5,253. -23780
0.0
0.0
0.0
0.0
504,417.
521,486.
567,056.
595,704.
0.0
0.0
0.0
0.0
645,674.
437,230.
475,708.
504,368.
-141257
84,256.
91,348.
91,336.
729,670.
717,706.
832,521.
879,077.
132,727.
136,970.
26,324.
48,490.
1,390.
2,137.
2,774.
3,556.
182,609.
160,273.
81,085.
268,411.
361,726.
357,835.
538,027.
485,820.
51,218.
60,491.
184,311.
72,800.
100,650.
16,671.
645,743.
542,760.
481,636.
417,389.
391,264.
343,555.
267,997.
263,041.
49,155.
20,267.
21,002. -23476
17,466. -29033
11,654.
7,335.
606,867.
630,516.
482,963.
508,120.
332,393.
395,058.
247,643.
303,949.
83,566.
40,378.
25,199. -29245
19,245. -32092
20,000.
20,000.
25,000.
30,000.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-73685
-30241
-120351
-36403
7.75%
2.39%
.87
55.64%
281.43%
20.9%
-14.8%
-4.05%
-1.45
63.02%
-69.81%
3.99%
7.25%
2.31%
.77
51.28%
434.22%
2.41%
-11.33%
-3.65%
-1.07
59.82%
-125.82%
1.44%
18.19%
25.03%
19.08%
22.33%
3.16%
9.74%
5.52%
30.53%
30.87%
11.26
27.34%
9.81
31.89%
10.62
32.24%
9.45
-421.88%
104.16%
-625.36%
113.43%
Silver Star Insurance Co. Ltd.

2008
Items
320,987.
1.Share capital
168,750.
2.Reserves
42,203.
110,034.
4.Others
37,049.
178,201.
0.0
2,320.
175,881.
536,237.
279,284.
5,439.
51,942.
107,716.
5.Fixed assets
91,856.
1.Investment income
12,149.
2.Gross premium
0.0
3.Net premium
139,661.
4.Gross claims
0.0
5.Net claims
16,044.
84,270.
82,292.
-7517
E.Other items
16,000.
2.Cash dividend
0.0
0.0
84,772.
-2.34%
-1.4%
-.47
11.49%
-1,121.06%
8.7%
G.Liquidity ratios
52.08%
9.69%
59.86%
20.06
I.Cash flow ratio
223
2012
(Thousand Rupees)
2009
2010
2011
2012
355,281.
392,780.
441,457.
441,457.
210,938.
253,125.
305,648.
305,648.
52,750.
63,350.
76,500.
76,500.
91,593.
76,305.
59,309.
59,309.
36,829.
60,620.
60,397.
60,397.
191,942.
293,029.
335,209.
335,209.
0.0
0.0
0.0
0.0
3,934.
437,230.
216,201.
216,201.
188,008. -144201
119,008.
119,008.
584,052.
746,429.
837,063.
837,063.
315,872.
328,766.
324,146.
324,146.
8,167.
6,697.
3,774.
3,774.
42,692.
47,614.
76,894.
76,894.
120,297.
218,491.
283,866.
283,866.
97,024.
144,861.
148,383.
148,383.
19,549.
220,984.
147,869.
72,052.
28,462.
58,972.
38,698.
-4625
8,997.
231,572.
154,114.
119,445.
40,909.
50,892.
38,733.
37,291.
3,493.
278,545.
188,429.
97,102.
33,999.
69,821.
48,137.
48,454.
3,493.
278,545.
188,429.
97,102.
33,999.
69,821.
48,137.
48,454.
21,094.
0.0
0.0
45,454.
25,313.
15.%
0.0
27,674.
30,565.
0.0
5.%
45,396.
30,565.
25.%
10.%
45,396.
-1.3%
-.79%
-.22
19.25%
-1,275.07%
13.22%
9.49%
5.%
1.47
26.54%
136.47%
5.84%
10.98%
5.79%
1.59
18.04%
144.1%
1.85%
10.98%
5.79%
1.59
18.04%
144.1%
1.85%
54.08%
7.31%
44.05%
6.38%
38.72%
9.19%
38.72%
9.19%
60.83%
16.84
52.62%
15.52
52.74%
14.44
52.74%
14.44
-982.79%
74.21%
93.69%
93.69%
The Asian Mutual Insurance Co. Ltd.

2008
Items
1.Share capital
2.Reserves
4.Others
5.Fixed assets
1.Investment income
2.Gross premium
3.Net premium
4.Gross claims
5.Net claims
E.Other items
2.Cash dividend
G.Liquidity ratios
I.Cash flow ratio
224
2012
2009
-
2010
819.
0.0
2,831.
-2012
8,395.
2,074.
0.0
1,108.
966.
11,288.
65.
0.0
9,760.
1,380.
83.
0.0
2,545.
1,163.
0.0
0.0
184.
0.0
2,545.
2,236.
8.
8.
1,055.
439.
414.
0.0
2,545.
2,236.
8.
8.
1,055.
439.
414.
0.0
0.0
0.0
0.0
0.0
0.0
718.
0.0
0.0
0.0
718.
-57.14%
-4.15%
33.55%
3.29%
33.55%
3.29%
0.0
-39.32%
0.0
.36%
254.83%
0.0
.36%
254.83%
0.0
.58%
86.46%
2.27%
80.63%
2.27%
80.63%
7.26%
9.79%
-457
-468
-113
(Thousand Rupees)
2011
2012
1,234.
1,234.
0.0
0.0
2,831.
2,831.
-1597
-1597
8,395.
8,395.
2,971.
2,971.
0.0
0.0
1,576.
1,576.
1,395.
1,395.
12,600.
12,600.
286.
286.
0.0
0.0
10,160.
10,160.
2,066.
2,066.
88.
88.
9.79%
-
24.15%
173.43%
173.43%
The Cooperative Insurance Society of Pakistan Ltd.

2008
Items
1.Share capital
2.Reserves
4.Others
5.Fixed assets
1.Investment income
2.Gross premium
3.Net premium
4.Gross claims
5.Net claims
E.Other items
2.Cash dividend
G.Liquidity ratios
I.Cash flow ratio
225
2012
2009
-
(Thousand Rupees)
2010
2011
2012
312,139.
315,109.
315,426.
300,000.
300,000.
300,000.
6,975.
7,450.
7,779.
5,164.
7,659.
7,647.
618,063.
611,968.
1,675,371.
7,093.
9,525.
21,643.
0.0
0.0
0.0
5,805.
3,615.
2,440.
1,288.
5,910.
19,203.
937,295.
936,602.
2,012,440.
12,211.
12,153.
10,927.
0.0
0.0
0.0
5,018.
5,508.
7,658.
2,504.
2,401.
1,209.
917,562.
916,540.
1,992,646.
2,506.
6,142.
9,018.
119.
2,314. -44
-3468
-3249
1,644.
736.
2,908.
6,142.
5,247.
119.
2,169.
1,899.
1,181.
1,317.
30,000.
0.0
0.0
30,000.
0.0
0.0
30,000.
0.0
0.0
-5285
3,337.
4,597.
3,349.
856.
695.
-5400
-5720
-6259
.24%
.08%
.02
25.66%
-471.2%
27.79%
.6%
.2%
.06
-.84%
-171.09%
55.42%
.42%
.07%
.04
20.75%
-410.02%
99.64%
1.3%
.54%
1.3%
.59%
.54%
.38%
33.3%
10.4
33.64%
10.5
15.67%
10.51
-718.07%
-301.21%
-475.25%
The Crescent Star Insurance Co. Ltd.

2008
Items
109,648.
1.Share capital
121,000.
2.Reserves
26,265.
-37617
4.Others
0.0
177,051.
0.0
146,663.
30,388.
286,699.
27,915.
0.0
70,863.
161,052.
5.Fixed assets
26,869.
-9011
1.Investment income
2.Gross premium
0.0
3.Net premium
140,800.
4.Gross claims
0.0
5.Net claims
62,822.
10,612.
-37399
-37729
E.Other items
12,100.
2.Cash dividend
0.0
0.0
-12741
-34.41%
-13.16%
-3.12
44.62%
-28.13%
-6.4%
G.Liquidity ratios
9.74%
24.72%
38.24%
9.06
I.Cash flow ratio
33.77%
226
2012
2009
2010
79,165.
121,000.
26,265.
-68100
21,108.
137,504.
82,909.
121,000.
26,265.
-64356
21,108.
110,589.
0.0
100,982.
9,607.
214,606.
15,068.
0.0
29,739.
128,110.
41,689.
(Thousand Rupees)
2011
2012
84,336.
66,173.
121,000.
121,000.
26,264.
26,264.
-62928
-81091
21,108.
21,108.
96,934.
88,743.
0.0
0.0
89,281.
81,152.
7,653.
7,591.
202,378.
176,024.
10,457.
8,666.
0.0
0.0
24,106.
21,971.
126,126.
106,309.
41,689.
39,078.
1,911.
117,441.
74,157.
35,025.
21,095.
25,835.
4,605.
3,744.
396.
6,091.
93,893.
73,387.
60,230.
40,991.
39,349.
25,426.
18,372.
11,760.
15,562.
6,558.
2,220. -17842
1,427. -18162
107,219.
30,285.
237,777.
18,062.
35,220.
139,247.
45,248.
-25009
105,364.
34,476.
26,139.
-43379
-30483
12,100.
12,100.
0.0
0.0
-17950
-9045
12,100.
0.0
0.0
-9704
12,100.
0.0
0.0
-5990
-38.51%
-12.82%
-2.52
32.72%
-85.75%
-23.74%
4.52%
1.74%
.31
28.45%
690.04%
2.58%
1.69%
.71%
.12
30.5%
1,090.54%
.66%
-27.45%
-10.32%
-1.5
28.69%
-36.11%
14.86%
7.6%
14.81%
7.02%
13.86%
5.17%
11.91%
4.92%
12.48%
33.29%
6.54
38.63%
6.85
41.67%
6.97
37.59%
5.47
58.89%
-241.59%
-680.03%
32.98%
The Pakistan General Insurance Co. Ltd.

2008
Items
275,041.
1.Share capital
200,000.
2.Reserves
65,000.
10,041.
4.Others
9,175.
224,782.
0.0
134,535.
90,247.
508,998.
47,979.
99.
174,496.
191,489.
5.Fixed assets
94,935.
-1346842
1.Investment income
2.Gross premium
0.0
3.Net premium
91,863.
4.Gross claims
0.0
5.Net claims
20,574.
51,080.
25,405.
22,269.
E.Other items
20,000.
2.Cash dividend
0.0
0.0
25,129.
8.1%
4.38%
1.11
22.4%
229.38%
-1,466.14%
G.Liquidity ratios
9.43%
34.28%
54.04%
13.75
I.Cash flow ratio
112.84%
227
2012
(Thousand Rupees)
2009
2010
2011
2012
362,066.
351,640.
404,367.
499,153.
200,000.
250,000.
300,000.
300,000.
55,000.
105,000.
100,000.
190,000.
107,066. -3360
4,367.
9,153.
6,810.
11,072.
10,743.
10,431.
175,891.
231,474.
290,868.
225,328.
0.0
0.0
0.0
0.0
123,540.
158,302.
239,603.
174,501.
52,351.
73,172.
51,265.
50,827.
544,767.
594,186.
705,978.
734,912.
138,214.
90,857.
118,604.
197,179.
106.
181.
193.
220.
170,044.
252,578.
181,812.
189,097.
141,172.
161,809.
323,123.
270,878.
95,231.
88,761.
82,246.
77,538.
8,361,941.
9,263.
219,395.
261,643.
109,891.
110,546.
122,925.
181,579.
29,170.
68,862.
54,970.
21,239.
105,448. -1658
84,659.
4,826.
20,000.
0.0
0.0
15,677.
8,319.
345,416.
142,680.
217,510.
65,955.
48,400.
33,123.
52,398.
12,432.
443,962.
228,961.
183,752.
74,902.
135,027.
130,978.
109,474.
25,000.
30,000.
0.0
9.09%
5.%
5.%
33,763. -55599
30,000.
0.0
25.%
76,848.
23.38%
15.54%
4.23
26.54%
64.93%
7,609.3%
1.37%
.81%
.19
62.29%
440.1%
8.38%
12.96%
7.42%
1.75
46.23%
92.37%
5.83%
21.93%
14.9%
3.65
32.71%
123.34%
5.43%
25.37%
31.21%
15.29%
42.51%
16.8%
25.75%
26.83%
25.73%
66.46%
18.1
59.18%
14.07
57.28%
13.48
67.92%
16.64
18.52%
699.61%
-106.11%
70.2%
TPL Direct Insurance Co. Ltd.

2008
Items
1.Share capital
2.Reserves
4.Others
5.Fixed assets
1.Investment income
2.Gross premium
3.Net premium
4.Gross claims
5.Net claims
E.Other items
2.Cash dividend
G.Liquidity ratios
I.Cash flow ratio
228
2012
2009
-
(Thousand Rupees)
2010
2011
2012
193,762.
367,597.
387,304.
310,000.
452,313.
452,313.
0.0
0.0
0.0
-116238
-84716
-65009
0.0
0.0
0.0
368,771.
408,323.
455,767.
0.0
0.0
0.0
264,347.
314,761.
417,763.
104,424.
93,562.
38,004.
562,533.
775,920.
843,071.
5,099.
22,065.
17,769.
503.
511.
1,018.
29,848.
163,056.
149,272.
247,234.
336,007.
506,966.
279,849.
254,281.
168,046.
3,978.
409,416.
331,294.
198,477.
141,860.
19,117.
-14052
-19756
8,521.
513,332.
453,632.
246,669.
171,289.
72,956.
42,814.
29,777.
6,186.
625,992.
619,854.
352,296.
253,888.
87,459.
62,193.
42,708.
31,000.
0.0
0.0
44,560.
45,231.
5.%
0.0
73,349.
45,231.
0.0
0.0
54,829.
-10.2%
-3.51%
-.64
42.82%
-96.77%
1.2%
8.1%
3.84%
.66
37.76%
245.01%
1.88%
11.03%
5.07%
.94
40.96%
204.78%
1.%
.91%
5.31%
2.84%
21.01%
2.11%
17.71%
34.44%
6.25
47.38%
8.13
45.94%
8.56
-225.55%
246.33%
128.38%
UBL Insurers Ltd.

2008
Items
154,424.
1.Share capital
300,000.
2.Reserves
0.0
-145576
4.Others
0.0
648,038.
0.0
536,163.
111,875.
802,462.
24,738.
1,418.
114,723.
579,407.
5.Fixed assets
82,176.
1.Investment income
3,965.
2.Gross premium
522,905.
3.Net premium
273,616.
4.Gross claims
299,443.
5.Net claims
145,589.
96,816.
0.0
-75
E.Other items
30,000.
2.Cash dividend
0.0
0.0
-129185
-.05%
-.01%
0.0
53.21%
-129,088.%
1.45%
G.Liquidity ratios
3.08%
14.3%
19.24%
5.15
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D8)172,246.67%
229
2012
(Thousand Rupees)
2009
2010
2011
2012
226,845.
500,128.
628,054.
656,892.
500,000.
800,000.
800,000.
800,000.
0.0
0.0
0.0
0.0
-273155
-299872
-171946
-143108
0.0
0.0
0.0
0.0
615,718.
583,126.
724,002.
836,097.
0.0
0.0
0.0
0.0
551,215.
437,230.
641,084.
732,108.
64,503.
145,896.
82,918.
103,989.
842,563.
1,083,254.
1,352,056.
1,492,989.
18,989.
27,389.
14,773.
27,602.
1,473.
795.
961.
996.
204,999.
378,957.
513,791.
593,441.
551,624.
629,648.
787,735.
826,588.
65,478.
46,465.
34,796.
44,362.
1,920.
28,768.
579,037.
624,604.
264,807.
238,765.
481,742.
459,886.
234,206.
165,537.
-44409
26,666.
-126278
-17644
-127579
-20945
70,920.
644,728.
252,755.
446,328.
165,569.
33,354.
33,347.
127,926.
72,498.
727,571.
278,023.
502,191.
190,517.
40,127.
41,620.
28,838.
50,000.
80,000.
0.0
0.0
0.0
0.0
-122447
-141987
80,000.
0.0
0.0
54,098.
80,000.
0.0
0.0
36,395.
-56.24%
-15.14%
-2.55
88.44%
34.81%
.73%
-4.19%
-1.93%
-.26
69.33%
-127.31%
12.05%
20.37%
9.46%
1.6
65.51%
26.07%
28.06%
4.39%
1.93%
.36
68.53%
139.15%
26.08%
2.25%
24.33%
2.53%
34.98%
1.09%
38.%
1.85%
39.75%
26.92%
4.54
46.17%
6.25
46.45%
7.85
44.%
8.21
95.98%
677.9%
42.29%
126.21%
Union Insurance Co. of Pakistan Ltd.

2008
Items
1.Share capital
2.Reserves
4.Others
5.Fixed assets
1.Investment income
2.Gross premium
3.Net premium
4.Gross claims
5.Net claims
E.Other items
2.Cash dividend
G.Liquidity ratios
I.Cash flow ratio
230
2012
2009
-
2010
46,507.
81,600.
7,463.
-42556
54.
10,982.
0.0
7,583.
3,399.
57,543.
8,462.
0.0
1,126.
13,250.
34,705.
(Thousand Rupees)
2011
2012
42,431.
42,431.
81,600.
81,600.
7,463.
7,463.
-46632
-46632
54.
54.
9,538.
9,538.
0.0
0.0
6,655.
6,655.
2,883.
2,883.
52,023.
52,023.
5,692.
5,692.
0.0
0.0
1,126.
1,126.
13,165.
13,165.
32,040.
32,040.
100.
0.0
0.0
0.0
265.
0.0
0.0
0.0
0.0
0.0
-2123
1,483.
-6160
-6160
-4076
-4076
8,160.
0.0
0.0
-2605
265.
0.0
0.0
0.0
0.0
0.0
-4076
-4076
8,160.
0.0
0.0
-3120
8,160.
0.0
0.0
-3120
-13.25%
-10.71%
-.75
-9.61%
-7.83%
-.5
14.71%
1.96%
10.94%
2.16%
10.94%
2.16%
80.82%
5.7
81.56%
5.2
81.56%
5.2
42.29%
76.55%
76.55%
-24.07%
-9.61%
-7.83%
-.5
-
0.0
-
0.0
United Insurance Co. of Pakistan Ltd.

2008
Items
483,845.
1.Share capital
302,407.
2.Reserves
75,115.
106,323.
4.Others
1,557.
359,251.
0.0
208,044.
151,207.
844,653.
206,770.
1,631.
84,474.
328,270.
5.Fixed assets
223,508.
1.Investment income
1,662.
2.Gross premium
550,323.
3.Net premium
356,523.
4.Gross claims
204,880.
5.Net claims
102,975.
168,587.
58,223.
55,913.
E.Other items
30,240.
2.Cash dividend
0.0
14.08%
88,705.
11.56%
6.62%
1.85
28.88%
301.52%
.47%
G.Liquidity ratios
24.48%
10.%
57.28%
16.
I.Cash flow ratio
158.65%
231
2012
(Thousand Rupees)
2009
2010
2011
2012
548,344.
666,806.
764,809.
926,646.
345,000.
400,200.
496,248.
570,685.
75,116.
75,116.
75,116.
75,116.
128,228.
191,490.
193,445.
280,845.
1,479.
1,405.
1,335.
63,999.
468,499.
569,915.
678,246.
1,115,366.
0.0
0.0
0.0
0.0
294,799.
359,407.
509,587.
909,680.
173,700.
210,508.
168,659.
205,686.
1,018,322.
1,238,126.
1,444,390.
2,106,011.
218,843.
251,676.
271,519.
385,220.
1,664.
3,621.
5,975.
5,907.
96,537.
135,995.
137,638.
208,881.
393,835.
424,740.
607,164.
925,094.
307,443.
422,094.
422,094.
580,909.
10,824.
638,266.
423,731.
239,503.
121,560.
205,471.
72,792.
64,421.
21,023.
806,253.
550,559.
349,167.
175,550.
277,226.
133,537.
118,387.
18,085.
923,785.
643,736.
413,269.
262,777.
259,222.
114,473.
97,933.
42,489.
1,149,437.
783,340.
556,443.
245,413.
308,028.
187,522.
161,272.
34,500.
0.0
0.0
134,972.
40,020.
0.0
24.%
151,854.
49,625.
0.0
15.%
173,974.
57,069.
0.0
23.%
296,469.
11.75%
6.33%
1.87
28.69%
318.95%
2.55%
17.75%
9.56%
2.96
31.89%
234.17%
3.82%
12.8%
6.78%
1.97
40.82%
264.69%
2.81%
17.4%
7.66%
2.83
31.33%
191.%
5.42%
21.49%
9.48%
20.33%
10.98%
18.8%
9.53%
18.29%
9.92%
53.85%
15.89
53.86%
16.66
52.95%
15.41
44.%
16.24
209.52%
128.27%
177.65%
183.83%
Universal Insurance Co. Ltd.

2008
Items
256,914.
1.Share capital
210,000.
2.Reserves
14,368.
32,546.
4.Others
0.0
598,817.
0.0
119,646.
479,171.
855,731.
151,974.
554.
84,172.
505,304.
5.Fixed assets
113,727.
-1531
1.Investment income
2.Gross premium
0.0
3.Net premium
407,075.
4.Gross claims
0.0
5.Net claims
196,970.
95,869.
34,238.
21,062.
E.Other items
21,000.
2.Cash dividend
0.0
0.0
-140275
8.2%
2.46%
1.
48.39%
455.18%
-.38%
G.Liquidity ratios
17.76%
9.84%
30.02%
12.23
I.Cash flow ratio
-666.01%
232
2012
(Thousand Rupees)
2009
2010
2011
2012
265,093.
232,997.
207,765.
143,380.
210,000.
262,500.
300,000.
300,000.
10,614.
14,127.
14,249.
14,360.
-106484
-170980
44,479. -43630
120,326.
211,373.
230,544.
247,442.
618,599.
660,217.
630,863.
522,012.
0.0
0.0
0.0
0.0
131,000.
567,722.
513,322.
410,997.
487,599.
92,495.
117,541.
111,015.
1,004,018.
1,104,587.
1,069,172.
912,834.
158,900.
88,309.
129,652.
61,875.
773.
643.
1,096.
926.
54,757.
160,175.
135,201.
134,967.
553,047.
608,409.
546,617.
458,715.
236,541.
247,051.
256,606.
256,351.
16,320.
8,172.
6,180.
6,817.
556,737.
512,126.
483,551.
350,177.
360,799.
328,663.
292,305.
210,671.
293,790.
355,874.
214,718.
134,061.
181,590.
177,037.
143,400.
101,608.
-2023
57,840. -17243
1,439.
-110583
-65672
11,933. -103433
-64808
-66256
8,850. -86485
21,000.
26,250.
30,000.
30,000.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-167136
-101480
-26286
-96930
3.34%
.88%
.42
50.33%
653.56%
4.52%
-37.12%
-7.83%
-3.29
53.87%
19.94%
2.49%
-31.19%
-6.06%
-2.16
49.06%
3.12%
2.11%
-46.21%
-7.26%
-2.21
48.23%
-2.17%
3.24%
15.83%
5.45%
7.99%
14.5%
12.13%
12.65%
6.78%
14.79%
26.4%
12.62
21.09%
8.88
19.43%
6.93
15.71%
4.78
-1,888.54%
117.34%
40.56%
146.3%
Takaful Companies - Overall

2008
Items
1,821,033.
1.Share capital
2,140,771.
2.Reserves
0.0
-319738
-7429
4.Others
866,961.
199,151.
367,308.
300,502.
2,680,565.
718,282.
0.0
1,072,117.
608,487.
5.Fixed assets
281,679.
1.Investment income
91,662.
2.Gross premium
586,031.
3.Net premium
1,035,041.
4.Gross claims
522,621.
5.Net claims
589,898.
238,563.
-133126
-118028
E.Other items
214,077.
2.Cash dividend
N/A
N/A
-171636
-6.48%
-4.4%
-.55
56.99%
-202.12%
8.86%
G.Liquidity ratios
26.8%
40.%
67.93%
8.51
I.Cash flow ratio
145.42%
233
2012
(Thousand Rupees)
2009
2010
2011
2012
1,982,352.
1,601,935.
1,606,105.
1,646,133.
2,290,772.
2,366,653.
2,468,429.
2,498,058.
0.0
46,713.
89,609.
145,014.
-308420
-811431
-951933
-996939
-7430
-7429
-10090
-5090
946,861.
1,746,964.
2,934,224.
5,168,993.
43,741.
677,233.
1,608,593.
3,596,423.
497,859.
788,511.
961,893.
985,500.
405,261.
281,220.
363,738.
587,070.
2,921,783.
3,341,470.
4,530,239.
6,810,036.
873,776.
1,036,205.
1,635,326.
2,628,354.
0.0
0.0
0.0
0.0
1,025,765.
1,089,272.
1,481,268.
2,676,583.
702,599.
934,858.
1,177,713.
1,287,746.
319,643.
281,135.
235,932.
217,353.
73,881.
144,358.
60,626.
113,575.
1,004,939.
1,932,885.
2,953,964.
4,799,592.
755,305.
756,281.
976,857.
1,283,522.
764,849.
708,682.
890,373.
1,227,975.
541,915.
575,022.
572,542.
793,930.
-51564
109,957. -118275
22,044.
-255378
-230434
-57506
-14967
-118974
-142654
-44412
13,322.
229,077.
236,665.
246,843.
246,843.
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-367162
11,688.
693,636.
1,700,989.
-6.%
-4.07%
-.52
71.75%
-92.42%
9.78%
-8.91%
-4.27%
-.6
76.03%
82.91%
19.09%
-2.77%
-.98%
-.18
58.61%
116.1%
6.21%
.81%
.2%
.05
61.86%
165.47%
8.85%
29.91%
35.11%
31.01%
32.6%
36.1%
32.7%
38.6%
39.3%
67.85%
8.65
47.94%
6.77
35.45%
6.51
24.17%
6.67
308.61%
-8.19%
-1,561.82%
12,768.27%
Dawood Family Takaful Ltd.

2008
Items
751,012.
1.Share capital
750,000.
2.Reserves
0.0
1,012.
-10090
4.Others
33,054.
11,434.
1,665.
19,955.
773,976.
114,625.
0.0
543,823.
88,407.
5.Fixed assets
27,121.
1.Investment income
43,383.
2.Gross premium
34,017.
3.Net premium
0.0
4.Gross claims
100,000.
5.Net claims
100,000.
0.0
10,757.
5,104.
E.Other items
75,000.
2.Cash dividend
0.0
0.0
-106316
.68%
.66%
.07
0.0
G.Liquidity ratios
14.81%
70.26%
97.03%
10.01
I.Cash flow ratio
234
2012
2009
2010
718,407.
652,846.
750,000.
750,000.
0.0
0.0
-31593
-97154
-10090
-10090
63,757.
175,373.
24,342.
97,413.
15,917.
76,834.
23,498.
1,126.
772,074.
818,129.
132,123.
163,787.
0.0
0.0
451,454.
393,943.
115,008.
176,361.
73,489.
84,038.
(Thousand Rupees)
2011
2012
562,470.
519,477.
750,000.
750,000.
0.0
0.0
-187530
-230523
-10090
-5090
309,339.
557,676.
205,169.
432,973.
44,044.
64,995.
60,126.
59,708.
861,719.
1,072,063.
244,821.
504,982.
0.0
0.0
333,157.
286,709.
228,108.
227,464.
55,633.
52,908.
55,689.
47,452.
49,823.
203,653.
0.0
129,975.
7,079.
19,716.
2,228.
5,287.
0.0
0.0
-42834
-105270
-32605
-65561
29,865.
65,120.
326,254.
523,380.
203,715.
292,814.
20,949.
30,890.
6,323.
8,637.
0.0
0.0
-115532
-63944
-90376
-42993
75,000.
75,000.
0.0
0.0
0.0
0.0
-87079
-46413
75,000.
0.0
0.0
-18495
75,000.
0.0
0.0
98,284.
-16.07%
-10.49%
-1.21
3.1%
0.0
14.66%
-8.28%
-4.01%
-.57
2.95%
0.0
22.24%
-4.54%
-4.22%
-.43
-
-10.04%
-8.01%
-.87
-
0.0
-
4.07%
0.0
36.51%
17.11%
58.47%
20.02%
48.15%
28.41%
38.66%
47.1%
26.74%
93.05%
9.58
79.8%
8.7
65.27%
7.5
48.46%
6.93
267.07%
70.79%
20.46%
-228.6%
Pak Kuwait Takaful Co. Ltd.

2008
Items
227,563.
1.Share capital
250,000.
2.Reserves
0.0
-22437
4.Others
0.0
121,358.
-1544
101,378.
21,524.
348,921.
142,024.
0.0
42,591.
130,034.
5.Fixed assets
34,272.
1.Investment income
558.
2.Gross premium
222,456.
3.Net premium
143,043.
4.Gross claims
220,097.
5.Net claims
197,353.
-60173
1,707.
1,707.
E.Other items
25,000.
2.Cash dividend
0.0
0.0
-80188
.75%
.49%
.07
137.97%
-3,525.07%
.39%
G.Liquidity ratios
40.7%
12.21%
65.22%
9.1
I.Cash flow ratio
235
2012
(Thousand Rupees)
2009
2010
2011
2012
387,714.
189,529.
199,730.
215,375.
400,000.
400,000.
400,000.
400,000.
0.0
46,713.
89,609.
145,014.
-12286
-257184
-289879
-329639
0.0
0.0
0.0
0.0
141,046.
417,185.
481,307.
448,893.
-41204
0.0
0.0
0.0
141,933.
323,033.
366,979.
342,836.
40,317.
94,152.
114,328.
106,057.
528,760.
606,714.
681,037.
664,268.
270,181.
277,407.
257,599.
236,662.
0.0
0.0
0.0
0.0
42,461.
54,646.
56,871.
69,869.
180,176.
240,928.
336,960.
329,450.
35,942.
33,733.
29,607.
28,287.
610.
1,904.
1,499.
256,734.
322,967.
410,924.
159,952.
239,644.
266,026.
219,145.
250,424.
305,855.
197,534.
229,144.
225,946.
-39914
68,370. -67902
12,345.
64,352.
49,318.
10,151.
59,000.
42,895.
2,511.
484,301.
306,416.
340,355.
281,781.
44,312.
60,952.
55,405.
40,000.
40,000.
40,000.
40,000.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-51536
-40682
29,175. -13192
2.62%
1.92%
.25
123.5%
673.53%
.38%
31.13%
9.72%
1.48
95.62%
-115.09%
.79%
21.48%
6.3%
1.07
84.93%
-93.05%
.56%
25.72%
8.34%
1.39
91.96%
79.98%
.82%
51.1%
8.03%
45.72%
9.01%
37.82%
8.35%
35.63%
10.52%
73.33%
9.69
31.24%
4.74
29.33%
4.99
32.42%
5.38
287.41%
-22.36%
-120.14%
-73.43%
Pak Qatar Family Takaful Ltd.

2008
Items
367,095.
1.Share capital
532,971.
2.Reserves
0.0
-165876
4.Others
0.0
293,332.
226,212.
65,459.
1,661.
660,427.
81,268.
0.0
285,428.
157,717.
5.Fixed assets
136,014.
1.Investment income
40,563.
2.Gross premium
121,740.
3.Net premium
456,177.
4.Gross claims
86,295.
5.Net claims
37,885.
233,279.
-105262
-62330
E.Other items
53,297.
2.Cash dividend
0.0
0.0
16,442.
-16.98%
-9.44%
-1.17
8.3%
-374.26%
8.89%
G.Liquidity ratios
12.31%
43.22%
55.58%
6.89
I.Cash flow ratio
-26.38%
236
2012
(Thousand Rupees)
2009
2010
2011
2012
431,155.
362,279.
434,160.
444,325.
532,972.
608,853.
710,629.
710,629.
0.0
0.0
0.0
0.0
-101817
-246574
-276469
-266304
0.0
0.0
0.0
0.0
122,170.
715,126.
1,637,879.
3,484,764.
64,110.
575,702.
1,400,522.
3,172,629.
56,399.
136,034.
181,681.
159,448.
1,661.
3,390.
55,676.
152,687.
553,325.
1,077,405.
2,072,039.
3,929,089.
84,327.
349,256.
811,894.
1,496,680.
0.0
0.0
0.0
0.0
255,437.
406,802.
902,195.
2,055,307.
99,415.
219,453.
268,745.
289,539.
114,146.
101,894.
89,205.
87,563.
8,478.
17,636.
23,435.
37,603.
26,838.
1,043,143.
1,865,386.
3,324,328.
125,102.
152,300.
272,569.
367,323.
25,534.
158,833.
262,391.
519,852.
21,820.
100,580.
130,547.
231,527.
74,195.
0.0
0.0
0.0
-115278
-105771
-4373
-48187
-72365
-72027
-9395
-26672
53,297.
0.0
0.0
-63071
60,885.
0.0
0.0
304,614.
71,063.
0.0
0.0
780,441.
71,063.
0.0
0.0
1,560,954.
-16.78%
-13.08%
-1.36
17.44%
-102.53%
6.78%
-19.88%
-6.69%
-1.18
66.04%
0.0
11.58%
-2.16%
-.45%
-.13
47.9%
0.0
8.6%
-6.%
-.68%
-.38
63.03%
0.0
10.24%
15.24%
46.16%
32.42%
37.76%
39.18%
43.54%
38.09%
52.31%
77.92%
8.09
33.63%
5.95
20.95%
6.11
11.31%
6.25
87.16%
-422.92%
-8,306.98%
-5,852.41%
Pak Qatar General Takaful Ltd.

2008
Items
278,576.
1.Share capital
307,800.
2.Reserves
0.0
-29224
4.Others
2,661.
63,023.
0.0
40,718.
22,305.
344,260.
135,543.
0.0
122,485.
53,313.
5.Fixed assets
32,919.
1.Investment income
3,965.
2.Gross premium
0.0
3.Net premium
273,616.
4.Gross claims
0.0
5.Net claims
145,589.
96,816.
0.0
-75
E.Other items
30,780.
2.Cash dividend
0.0
0.0
-129185
-.03%
-.02%
0.0
53.21%
-129,088.%
1.45%
G.Liquidity ratios
39.37%
35.58%
80.92%
9.05
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D8)172,246.67%
237
2012
(Thousand Rupees)
2009
2010
2011
2012
279,094.
266,740.
275,297.
323,698.
307,800.
307,800.
307,800.
337,429.
0.0
0.0
0.0
0.0
-28706
-41060
-32503
-13731
2,660.
2,661.
0.0
0.0
112,824.
105,971.
172,789.
320,762.
0.0
0.0
0.0
0.0
117,779.
49,345.
162,130.
201,114.
-4955
56,626.
10,659.
119,648.
394,578.
375,372.
448,086.
644,460.
30,164.
14,316.
81,817.
139,378.
0.0
0.0
0.0
0.0
221,674.
184,810.
131,274.
224,528.
90,283.
140,453.
193,306.
248,404.
52,457.
35,793.
41,689.
32,150.
1,920.
75,803.
579,037.
141,503.
264,807.
87,425.
481,742.
162,401.
234,206.
137,620.
-44409
0.0
-126278
-43694
-1301
-28625
3,741.
171,214.
91,317.
187,398.
136,142.
0.0
11,247.
8,557.
6,388.
274,348.
165,903.
229,838.
193,693.
0.0
30,589.
18,772.
30,780.
30,780.
30,780.
0.0
0.0
0.0
0.0
0.0
0.0
-122446
-77219
-7893
30,780.
0.0
0.0
96,452.
-.47%
-.33%
-.04
88.44%
3,413.45%
.73%
-10.73%
-7.63%
-.93
157.41%
0.0
86.71%
3.11%
1.91%
.28
149.09%
0.0
4.1%
5.8%
2.91%
.61
116.75%
0.0
3.85%
7.64%
56.18%
3.81%
49.23%
18.26%
29.3%
21.63%
34.84%
70.73%
9.07
71.06%
8.67
61.44%
8.94
50.23%
10.52
9,411.68%
269.76%
-92.24%
513.81%
Takaful Pakistan Ltd.

2008
Items
196,787.
1.Share capital
300,000.
2.Reserves
0.0
-103213
4.Others
0.0
356,194.
-36951
158,088.
235,057.
552,981.
244,822.
0.0
77,790.
179,016.
5.Fixed assets
51,353.
1.Investment income
3,193.
2.Gross premium
207,818.
3.Net premium
162,205.
4.Gross claims
116,229.
5.Net claims
109,071.
-31359
-40328
-62434
E.Other items
30,000.
2.Cash dividend
0.0
0.0
127,611.
-31.73%
-11.29%
-2.08
67.24%
50.23%
1.97%
G.Liquidity ratios
44.27%
14.07%
35.59%
6.56
I.Cash flow ratio
-204.39%
238
2012
(Thousand Rupees)
2009
2010
2011
2012
165,982.
130,541.
134,448.
143,258.
300,000.
300,000.
300,000.
300,000.
0.0
0.0
0.0
0.0
-134018
-169459
-165552
-156742
0.0
0.0
0.0
0.0
507,064.
333,309.
332,910.
356,898.
-3507
4,118.
2,902. -9179
165,831.
203,265.
207,059.
217,107.
344,740.
125,926.
122,949.
148,970.
673,046.
463,850.
467,358.
500,156.
356,981.
231,439.
239,195.
250,652.
0.0
0.0
0.0
0.0
54,739.
49,071.
57,771.
40,170.
217,717.
157,663.
150,594.
192,889.
43,609.
25,677.
19,798.
16,445.
7,184.
1,563.
2,086.
1,953.
92,507.
221,619.
180,186.
193,235.
205,444.
146,937.
143,230.
151,066.
31,349.
117,308.
113,780.
107,040.
86,127.
102,391.
73,584.
78,292.
-11650
-22268
11,801. -50373
16,667. -40051
1,834.
5,623.
-22854
-35441
3,907.
8,810.
30,000.
30,000.
30,000.
30,000.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-123741
-156102
-8881
-14019
-13.77%
-3.4%
-.76
41.92%
-51.64%
3.5%
-27.15%
-7.64%
-1.18
69.68%
142.13%
1.06%
2.91%
.84%
.13
51.37%
-298.18%
1.46%
6.15%
1.76%
.29
51.83%
-252.76%
1.29%
53.04%
8.13%
49.9%
10.58%
51.18%
12.36%
50.11%
8.03%
24.66%
5.53
28.14%
4.35
28.77%
4.48
28.64%
4.78
541.44%
440.46%
-227.31%
-159.13%
OUSING INANCE
F
ERFORMANCE AT A
LANCE
In the housing finance sector, there has been one company available, i.e., House Building Finance
Company Ltd. (HBFCL). Total assets witnessed an increase of around 3 percent to stand at Rs 20.1
billion in CY12 as compared to Rs. 19.6 billion in CY11. HBFCL showed a loss before taxation of
Rs.172.1 million.
A
NALYSIS OF B
ALANCE HEET OMPONENTS
S
Total equity decreased from Rs 2.3

billion in CY11 to Rs 2.0 billion in
CY12; share capital declined from Rs.
3.1 billion CY11 to Rs. 3.0 billion in
CY12. Total assets slightly increased
from Rs. 19.6 billion in CY 11 to Rs.
20.1 billion in CY12, showing an
increase of around 3 percent over
previous
year.
Current
assets
contributed almost 100 percent of total

assets in CY12. Total liabilities
increased from Rs. 17.1 billion in CY11
to Rs. 17.9 billion in CY12.
P
ROFITABILITY AND
Revenue decreased from Rs 1.9 billion

in CY11 to Rs 1.3 billion in CY12,
showing a decrease of around 36
percent over previous year. HBFCL
showed a loss before taxation of Rs.
172.1 million.
PERATING FFICIENCY
lable, i.e., House Building Finance

und 3 percent to stand at Rs 20.1
showed a loss before taxation of

25.
20.
500.%
15
10.
5.
0.0
Billion Rs.
-1,400.%
Total Equity
Total
Total
Liabilities
Assets
2.3
17.1
2.
17.9
-1,400.%
500.%
300.%
CY 11
CY 12
Growth
CY 11
19.6
20.1
CY 12
25000
20000
15000
10000
Million Rs.
5000
0
Current
Assets
Non-Current Current
Assets
Liabilities
Non-Current
Liabilities
E
2200
1800
1400
1000
Million Rs
200
-200
600
Admin. &
Profit before
General Exp.
1711
1426
Tax
169
Revenue
1957
1261
CY 11
CY 12
239
-172.1
2012
300.%
1,000.%
500.%
0.0%
-500.%
-1,000.%
-1,500.%
-2,000.%
Profit after
Tax
119
-191
Housing Finance Companies - Overall

2008
Items
2,575,852.
1.Share capital
3,127,164.
2.Statutry reserves
498,463.
-1049775
4.Others
2,685.
15,778,578.
15,778,578.
2.Non-current liabilities (a + b)
0.0
a.Lease finance
0.0
b.Long term finance
0.0
18,357,115.
18,323,522.
704,067.
17,619,455.
33,593.
a.Investment in housing finance
9,188.
b.Other assets
24,405.
1.Revenue
3,068,036.
2.Admin. & general expense
1,227,434.
-2841
-389881
E.Other items
312,716.
2.Cash dividend
N/A
N/A
-227022
-15.14%
-15.12%
-2.12%
-432.04
-1.25
G.Liquidity ratios
3.84%
1.16
.86
4.Investment to total assets (C2a/C)
.05%
14.03%
8.24
I.Cash flow ratio
1.Cash generated. from operating activities to profit after tax (E4/D4) (times) .58
240
2012
(Thousand Rupees)
2009
2010
2011
2012
2,050,067.
2,172,422.
2,291,191.
1,966,600.
3,127,164.
3,144,098.
3,144,098.
3,001,000.
498,463.
520,969.
545,062.
532,089.
-1575560
-1492645
-1397969
-1566489
2,107. -18759
213,130.
222,252.
16,098,002. 17,067,528. 17,053,189. 17,908,901.
16,075,420. 17,048,185. 17,021,332. 17,908,901.
22,582.
19,343.
31,857.
0.0
22,582.
0.0
0.0
0.0
0.0
19,343.
31,857.
0.0
18,150,176. 19,221,191. 19,557,510. 20,097,753.
18,077,225. 19,141,486. 19,403,106. 20,097,753.
219,559.
156,235.
507,360.
281,817.
17,857,666. 18,985,251. 18,895,746. 19,815,936.
72,951.
79,705.
154,404.
0.0
13,622.
27,521.
26,537.
0.0
59,329.
52,184.
127,867.
0.0
1,282,353.
1,297,638.
-79008
-109591
1,555,757.
1,386,629.
133,131.
105,421.
312,716.
314,410.
N/A
N/A
1,956,968.
1,260,775.
1,710,661.
1,425,923.
168,973. -172066
118,769. -190776
314,410.
300,100.
N/A
N/A
N/A
N/A
N/A
N/A
651,531.
2,324,105.
2,438,307.
773,794.
-5.35%
-5.28%
-.6%
-16.42
-.35
4.85%
4.85%
.55%
10.42
.34
5.18%
4.68%
.61%
10.12
.38
-9.7%
-8.72%
-.95%
-8.29
-.64
1.21%
1.12
.89
.08%
.81%
1.12
.89
.14%
2.59%
1.14
.87
.14%
1.4%
1.12
.89
0.0
11.3%
6.56
11.3%
6.91
11.72%
7.29
9.79%
6.55
-5.95
.04
22.05
.14
20.53
.14
-4.06
.04
HOUSE BUILDING FINANCE COMPANY LIMITED

2008
Items
2,449,267.
1.Share capital
3,001,000.
2.Statutry reserves
485,490.
-1037223
4.Others
0.0
15,761,322.
15,761,322.
2.Non-current liabilities (a + b)
0.0
a.Lease finance
0.0
b.Long term finance
0.0
18,210,589.
18,210,589.
703,288.
17,507,301.
0.0
a.Investment in housing finance
0.0
b.Other assets
0.0
1.Revenue
3,056,225.
2.Admin. & general expense
1,216,349.
1,423.
-385557
E.Other items
300,100.
2.Cash dividend
0.0
0.0
-239151
-15.74%
-15.74%
-2.12%
854.78
-1.28
G.Liquidity ratios
3.86%
1.16
.87
4.Investment to total assets (C2a/C)
0.0
13.45%
8.16
I.Cash flow ratio
1.Cash generated. from operating activities to profit after tax (E4/D4) (times) .62
241
2012
(Thousand Rupees)
2009
2010
2011
2012
1,924,379.
2,036,911.
2,157,378.
1,966,600.
3,001,000.
3,001,000.
3,001,000.
3,001,000.
485,490.
507,996.
532,089.
532,089.
-1562111
-1472085
-1375711
-1566489
-578
-18759
213,130.
222,252.
16,061,019. 17,034,993. 17,002,154. 17,908,901.
16,061,019. 17,034,993. 17,002,154. 17,908,901.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
17,984,820. 19,053,145. 19,372,662. 20,097,753.
17,984,820. 19,053,145. 19,372,662. 20,097,753.
218,769.
155,775.
506,564.
281,817.
17,766,051. 18,897,370. 18,866,098. 19,815,936.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1,268,809.
1,283,545.
-78112
-108695
1,548,914.
1,372,740.
140,211.
112,532.
1,945,124.
1,260,775.
1,697,632.
1,425,923.
170,580. -172066
120,467. -190776
300,100.
0.0
0.0
647,811.
300,100.
0.0
0.0
2,309,603.
300,100.
0.0
0.0
2,437,877.
300,100.
0.0
0.0
773,794.
-5.65%
-5.65%
-.6%
-16.43
-.36
5.52%
5.58%
.59%
9.79
.37
5.58%
5.08%
.62%
9.95
.4
-9.7%
-8.72%
-.95%
-8.29
-.64
1.22%
1.12
.89
0.0
.82%
1.12
.89
0.0
2.61%
1.14
.88
0.0
1.4%
1.12
.89
0.0
10.7%
6.41
10.69%
6.79
11.14%
7.19
9.79%
6.55
-5.96
.04
20.52
.14
20.24
.14
-4.06
.04
0.0
242
ENTURE APITAL
2012
Venture Capital - Overall

2008
Items
3,795,510.
1.Share capital
4,168,907.
2.Reserves
0.0
-373397
4.Others
12,000.
247,193.
224,871.
22,322.
4,054,703.
144,913.
6,496.
b.Others
138,417.
3,909,790.
a.Venture investment
3,862,483.
b.Others
47,307.
1.Revenue
20,342.
2.Admin. & operating expense
48,378.
3.Financial charges
55,628.
-65588
-91307
E.Other items
416,891.
2.Cash dividend
N/A
N/A
-79925
-2.41%
-2.38%
-2.25%
-448.86%
5.Admin. expense to revenue (D2/D1)
237.82%
-.22
G.Liquidity ratios
.16%
.64
.06
93.61%
9.1
I.Cash flow ratio
243
2012
(Thousand Rupees)
2009
2010
2011
2012
-375302
-1339491
-2128737
16,897.
4,205,980.
4,205,980.
4,205,980.
25,073.
290,145.
237,605.
162,223.
752.
-4871427
-5783076
-6496940
-8928
769,105.
743,249.
667,521.
20,892.
6,390,690.
6,769,505.
6,511,448.
2,562.
5,765,399.
6,348,032.
6,057,018.
2,405.
625,291.
421,473.
454,430.
157.
6,784,493.
6,173,263.
5,050,232.
40,351.
2,728,074.
3,565,932.
2,772,110.
36,256.
321,524.
542,959.
464,660.
615.
2,406,550.
3,022,973.
2,307,450.
35,641.
4,056,419.
2,607,331.
2,278,122.
4,095.
3,929,756.
2,399,507.
2,110,508.
4,075.
126,663.
207,824.
167,614.
20.
10,367,521.
9,526,726. 10,247,746.
3,270,874.
2,881,637.
2,784,555.
288,659.
233,972.
225,077.
-1935167
-1600143
-1075243
-1948392
-1580976
-1127043
4,796.
1,285.
57.
3,454.
1,981.
420,598.
420,598.
420,598.
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-229951
-53271
-1013494
2,507.
1,173.
519.15%
-191.19%
-28.72%
-18.79%
31.55%
-4.63
118.03%
904.61%
-25.61%
-16.6%
30.25%
-3.76
52.94%
111.94%
-22.32%
-11.%
27.17%
-2.68
11.72%
5.22%
4.91%
41.31%
26.79%
.79
4.74%
.47
.94
8.8%
.56
1.1
9.2%
.46
1.29
1.52%
15.08
.06
-5.53%
-.89
-21.7%
-3.18
-42.15%
-5.06
41.88%
6.74
.12
-.04
.03
-.01
.9
-.17
.59
.49
AKD Capital Ltd.

2008
Items
1.Share capital
2.Reserves
4.Others
b.Others
a.Venture investment
b.Others
1.Revenue
2.Admin. & operating expense
3.Financial charges
E.Other items
2.Cash dividend
5.Admin. expense to revenue (D2/D1)
G.Liquidity ratios
I.Cash flow ratio
- (times)
244
2012
2009
2010
14,727.
15,757.
25,073.
25,073.
752.
752.
-11098
-10068
20,891.
20,891.
17,025.
4,397.
17,025.
4,397.
0.0
0.0
52,643.
41,045.
35,590.
35,486.
396.
380.
35,194.
35,106.
17,053.
5,559.
7,033.
5,539.
10,020.
20.
(Thousand Rupees)
2011
2012
15,711.
16,897.
25,073.
25,073.
752.
752.
-10114
-8928
20,892.
20,892.
1,384.
2,562.
1,384.
2,405.
0.0
157.
37,987.
40,351.
33,233.
36,256.
229.
615.
33,004.
35,641.
4,754.
4,095.
4,734.
4,075.
20.
20.
-37165
13,998.
172.
-14207
-14207
5,354.
3,191.
6.
1,759.
1,030.
2,663.
1,536.
2,507.
0.0
0.0
2,507.
0.0
0.0
3,531.
2,507.
3,231.
1,173.
-96.47%
-39.89%
-26.99%
38.23%
-37.66%
-5.67
6.54%
2.81%
2.51%
19.24%
59.6%
.41
5.66%
2.43%
2.34%
33.38%
57.68%
.35
11.72%
5.22%
4.91%
41.31%
26.79%
.79
.75%
2.09
.32
.93%
8.07
.11
.6%
24.01
.04
1.52%
15.08
.06
27.98%
5.87
38.39%
6.29
41.36%
6.27
41.88%
6.74
1.35
-1.12
3.43
.8
3.63
2.33
.59
.49
-19148
4,796.
1,285.
-
1,126.
889.
57.
3,454.
1,981.
2,507.
15.%
-
Appendix
245
2012
Companies Covered in the Financial Statements Analysis

As on 31st December 2012
Total Companies (180)
Company
Page
#
Banks (38)*
A.
B.
Public Sector Banks (5)

1. First Women Bank Limited
31.
2. National Bank of Pakistan

3. Sindh Bank Ltd.
32.
33.
4. The Bank of Khyber

5. The Bank of Punjab
34.
35.
Private Sector Banks (22)

1. Albaraka Bank (Pakistan) Limited
2. Allied Bank Ltd.
37.
38.
3. Askari Bank Ltd.

4. Bank Al-Habib Ltd.
39.
40.
5. Bank Alfalah Ltd.

6. Bankislami Pakistan Ltd.
41.
42.
7. Burj Bank Limited
43.
8. Dubai Islami Bank Pakistan Ltd.

9. Faysal Bank Ltd.
44.
45.
10. Habib Bank Ltd.

11. Habib Metropolitan Bank Ltd.
46.
47.
12. JS Bank Ltd.
48.
13. KASB Bank Ltd.
49.
14. MCB Bank Ltd.

15. Meezan Bank Ltd.
50.
51.
16. NIB Bank Ltd.
52.

of Financial Sector
Appendix
ial Statements Analysis
December 2012
anies (180)
Company
Page
#
17. Samba Bank Limited
18. Silkbank Limited
53.
54.
19. Soneri Bank Ltd.

55.
20. Standard Chartered Bank (Pakistan) Ltd.
56.
21. Summit Bank Limited
22. United Bank Ltd.
C.
57.
58.
Specialized Banks (4)

1. Industrial Development Bank of Pakistan
60.
2. SME Bank Ltd.
61.
3. The Punjab Provincial Coop. Bank Ltd. 62.

4. Zarai Taraqiati Bank Ltd. (ZTBL)
63.
D.
Foreign Banks (7)

1. Barclays Bank PLC
65.
2. Citi Bank N.A.

3. Deutsche Bank AG
66.
67.
4. HSBC Bank Middle East Ltd.
68.
5. HSBC Bank Oman S.A.O.G.

69.
6. Industrial & Commercial Bank of China 70.
Limited
7. The Bank of Tokyo-Mitsubishi-UFJ, Ltd.71.
Development Finance
Institutions (7)*
1. Pair Investment Company Ltd.
76.
2. Pak Brunei Investment Company Limited

77.
3. Pak China Investment Company Limited
78.
4. Pak Kuwait Investment Co. (Pvt.) Ltd. 79.
246
Company
Page
#
5. Pak Libya Holding Company Limited
Company
80.
2.
81.
3.
82.
4.
1. Capital Assets Leasing Corp. Ltd.

2. Grays Leasing Ltd.
87.
88.
5.
6.
7.
8.
3. NBP Leasing Limited

4. Orix Leasing Pakistan Ltd.
89.
90.
9.
10.
5. Pak-Gulf Leasing Company Ltd.

6. SME Leasing Ltd.*
91.
92.
11.
12.
7. Saudi Pak Leasing Co. Ltd.
93.
13.
8. Security Leasing Corporation Ltd.

9. Sigma Corporation Ltd.*
94.
95.
14.
15.
6. Pak Oman Investment Company

Limited
7. Saudi Pak Industrial & Agri. Inv. Co.
(Pvt.) Ltd.
Leasing Companies (10)**
10. Standard Chartered Leasing Limited
96.
Investment Banks (7)**

1. Escorts Investment Bank Ltd.
2. First Credit and Investment Bank
100.
101.
1.
2.
3. First Dawood Investment Bank Ltd.

4. IGI Investment Bank Ltd.
102.
103.
3.
4.
5. Invest Capital Investment Bank Ltd. 104.

6. Security Investment Bank Ltd.*
105.
5.
6.
7. Trust Investment Bank Ltd.
7.
8.
106.
Mutual Fund Companies

(15)**
1. Asian Stocks Fund Limited
9.
110.
10.
247

of Financial Sector
Page
#
Atlas Fund of Funds
111.
First Capital Mutual Fund Limited
112.
First Dawood Mutual Fund
113.
Golden Arrow Selected Stocks Fund Ltd.

114.
JS Growth Fund
115.
JS Value Fund Ltd.
116.
Meezan Balanced Fund
117.
NAMCO Balanced Fund
PICIC Energy Fund
118.
119.
PICIC Growth Fund

PICIC Investment Fund
120.
121.
Pak Oman Advantage Fund
122.
Safeway Mutual Fund Ltd.

Tri-Star Mutual Fund Ltd.
123.
124.
Modarba Companies (26)**

First Al- Noor Modarba
Allied Rental Modaraba
128.
129.
B.F. Modaraba
B.R.R. Guardian Modaraba
130.
131.
First Constellation Modarba

Crescent Standard Modaraba
132.
133.
First Elite Capital Modarba

First Equity Modarba
134.
135.
First Fidelity Leasing Modarba
136.
First Imrooz Modaraba
137.

Company
Page
Company
#
11. First Habib Bank Modarba
138.
11. Habib Qatar International Exchange Pak
(Pvt.) Ltd.
12. First Habib Modarba 139.
12. Money Link Exchange Co. (Pvt.) Ltd.
13. First IBL Modarba
140.
13. NBP Exchange Company Ltd.
14. KASB Modarba
15. Modaraba Al-Mali
141.
142.
14. Noble Exchange International Co. (Pvt.)

15. P B S Exchange (Pvt.) Ltd.
16. First National Bank Modarba

143.
17. First Pak Modarba
144.
16. Pakistan Currency Exchange Co. (Pvt.) L

17. Paracha International Exchange (Pvt.) Lt
18. First Paramount Modarba

145.
19. First Prudential Modarba
146.
18. Paragon Exchange (Pvt.) Ltd.

19. Ravi Exchange Company (Pvt.) Ltd.
20. First Punjab Modarba 147.

21. Standard Chartered Modarba
148.
20. Riaz Exchange Co. (Pvt.) Ltd.

21. Royal International Exchange Co. (Pvt.)
22. First Treet Manufacturing

149.
Modarba
22. SIBL Exchange Co. (Pvt.) Ltd.
23. First Tri-Star Modarba 150.

24. Trust Modarba
151.
23. Sky Exchange Company (Pvt.) Ltd.

24. Wall Street Exchange Company (Pvt.) Lt
25. First UDL Modarba

26. Unicap Modaraba
152.
153.
Insurance Companies (51)*
Exchange Companies A.
(24)*
Life Insurance Companies (7)
1. AA Exchange Company157.
(Pvt.) Ltd.
1. Adamjee Life Assurance Company Ltd.
2. Al-Hameed Int. Money Exchange
158.
(Pvt.) Ltd.
2. American Life Insurance Company Ltd.
3. Al-Rahim Exchange Company
159. (Pvt.) Ltd.3. Asia Care Health & Life Insurance Co. Lt
4. Al-Sahara Exchange Company
160.
(Pvt.) Ltd.
4. East West Life Assurane Co. Ltd.
5. D. D Exchange Company
161.
(Pvt.) Ltd.
5. EFU Life Assurance Company Ltd.
6. Dollar East Exchange Company

162.
(Pvt.) Ltd.
6. Jubilee Life Insurance Company Ltd.
7. Fairdeal Exchange Company
163. (Pvt.) Ltd. 7. State Life Insurance Corporation of Pakis
8. Glaxy Exchange (Pvt.) Ltd.
164. B.
9. H & H Exchange Company
165.(Pvt.) Ltd.
10. HBL Currency Exchange
166.
(Pvt.) Ltd.
248
Non-Life Insurance
Companies (39)
1. ACE Insurance Ltd.
2. Adamjee Insurance Company Ltd.
2012
Page
#
Habib Qatar International Exchange Pakistan
167.
Money Link Exchange Co. (Pvt.) Ltd.

NBP Exchange Company Ltd.
168.
169.
Noble Exchange International Co. (Pvt.) Ltd

B S Exchange (Pvt.) Ltd.
170.
171.
akistan Currency Exchange Co. (Pvt.) Ltd.

aracha International Exchange (Pvt.) Ltd.
172.
173.
aragon Exchange (Pvt.) Ltd.

Ravi Exchange Company (Pvt.) Ltd.
174.
175.
Riaz Exchange Co. (Pvt.) Ltd.

Royal International Exchange Co. (Pvt.) Ltd.
176.
177.
IBL Exchange Co. (Pvt.) Ltd.
ky Exchange Company (Pvt.) Ltd.

Wall Street Exchange Company (Pvt.) Ltd.
178.
179.
180.
nsurance Companies (51)*
Life Insurance Companies (7)
damjee Life Assurance Company Ltd.

merican Life Insurance Company Ltd.
sia Care Health & Life Insurance Co. Ltd.
186.
187.
188.
ast West Life Assurane Co. Ltd.

FU Life Assurance Company Ltd.
189.
190.
ubilee Life Insurance Company Ltd.

tate Life Insurance Corporation of Pakistan
191.
192.
Non-Life Insurance
Companies (39)
CE Insurance Ltd.
damjee Insurance Company Ltd.
194.
195.
Company
Page
Company
#
3. Agro General Insurance Company Ltd.196.
28.
4. Alfalah Insurance Company Ltd.
197.
5. Allianz EFU Health Insurance Co. Ltd.198.
29.
30.
6. Alpha Insurance Company Ltd.

7. Asia Insurance Company Ltd.
199.
200.
31.
32.
8. Askari General Insurance Company Ltd.

201.
9. Atlas Insurance Company Ltd.
202.
33.
34.
10. Capital Insurance Company Ltd.

11. Century Insurance Company Ltd.
203.
204.
35.
36.
12. Cyan Ltd.

205.
13. E.F.U. General Insurance Company Ltd.
206.
37.
38.
14. East West Insurance Company Ltd. 207.
39.
15. Excel Insurance Company Ltd.

16. Habib Insurance Company Ltd.
208.
209. C.
17. Hallmark Insurance Co. Ltd.

18. IGI Insurance Ltd.
210.
211.
1.
2.
19. Jubilee General Insurance Co. Ltd.

20. National Insurance Company Ltd.
212.
213.
3.
4.
21. New Hampshire Insurance Co. Ltd.
214.
5.
22. Pakistan Mutual Insurance Co. Ltd. 215.

23. Pakistan Reinsurance Company Ltd. 216.
24. PICIC Insurance Ltd.
25. Premier Insurance Ltd.
217.
218.
1.
26. Reliance Insurance Company Ltd.

219.
27. Saudi Pak Insurance Company Ltd. 220.
1.
* Calender year, ** Fiscal year
249

of Financial Sector
Page
#
Security General Insurance Co. Ltd. 221.
Shaheen Insurance Company Ltd.
222.
Silver Star Insurance Company Ltd. 223.
The Asian Mutual Insurance Co. Ltd. 224.
The Cooperative Insurance Society of225.
Pakistan Ltd.
The Crescent Star Insurance Co. Ltd. 226.
The Pakistan General Insurance Company
227.
Ltd.
TPL Direct Insurance Company Ltd. 228.
UBL Insurers Ltd.
229.
Union Insurance Company of Pakistan230.
Ltd.
United Insurance Company of Pakistan
231.
Ltd.
Universal Insurance Company Ltd.
232.
Takaful Companies (5)

Dawood Family Takaful Ltd.
Pak Kuwait Takaful Company Ltd.
234.
235.
Pak Qatar Family Takaful Ltd.

Pak Qatar General Takaful Ltd.
236.
237.
Takaful Pakistan Ltd.
238.
Housing Finance (1)*

House Building Finance Company Limited
241.
Venture Capital (1)**

AKD Capital Ltd.
244.
Explanatory Notes:
?
In the analysis, consolidated financial statement of a company is used
?
?
?
?
?
?
?
?
the parent company.

Data revisions in the preceding years are due to restated balance she
institutions plus error & omissions, if any.
Respective closings of different sectors/companies are mentioned in
Data of non-responding existing companies are repeated for 3 years
analysis in the publication.
Sector-wise coverage is based on the available financial statements o
Reclassification in sectors and renaming may happen during the yea
reflected in the next yearspublication.
Repeated data of any company is replaced with the actual one upon
in that year s publication.
The symbol appearing- in the analytical tables stands for Not applicable
Write up of venture capital is not included for statistical insignificance
250
2012
al statement of a company is used to cover full potential of
s are due to restated balance sheets by respective
ors/companies are mentioned in the appendix.

panies are repeated for 3 years before their removal from
e available financial statements of companies.

ming may happen during the year, which would be
placed with the actual one upon receipt of its annual report
uded for statistical insignificance this year.

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F

Financial Statement Analysis of Financial Sector

Vision and Mission Statements of State Bank of Pa

To Transform SBP into a modern and dynamic

professional and efficient, fully equipped to pla

sustainable basis, in the economic and social d

To promote monetary and financial stability an

economic growth and prosperi

s of State Bank of Pakistan

a modern and dynamic central bank, highly

t, fully equipped to play a meaningful role, on

nd financial stability and foster a sound and

c growth and prosperity in Pakistan.

Financial Statement Analysis of Financial Sector

Sr. Joint Director

ment Analysis of Financial Sector

Financial Statement Analysis of Financial Sector

Financial Statement Analysis of Financia

The financial sector, one of the most important components

sector represents a well-developed integration of institutions

An overview of business and financial conditions of financial institutions is presen

(Dr Azizullah Khattak)

Banks, Leasing Companies, Modaraba Companies, Housing

of financial institutions is presented in a structured

require financial indicators that can provide information

to researchers, policy makers and investors to understand

Financial Statement Analysis of Financial Sector

Financial statements analysis of 180 companies from 10 sectors namely B

The balance sheet size of DFIs increased

ies from 10 sectors namely Banks, DFIs, Leasing

panded in CY12 and total assets of the sector grew

CY12 showing an increase of 19.3 percent. Profit

ity registered a reduction of

been encouraging during FY12. Asset base decreased

33.7 billion in FY12. The sector showed profit

orated over the year. Analysis revealed that their

s. 2.3 billion and Rs. 2.0 billion respectively in FY12.

d by 6.1 percent in FY12 over FY11. Total assets

12. Total assets increased from Rs. 26.4 billion in

Financial Statement Analysis of Financial Sector

ir balance sheet size during the period under

at Rs 8.0 billion in CY12 as compared to Rs 7.6

Pakistan. The aggregate insurance business

ased considerably during CY12

pany available, i.e., House Building Finance

including researchers and policy makers. As the performance of financial sector r

The analysis includes the following sectors :

All Banks (overall)

Private Sector Banks

Similarly, consolidated analysis of insurance companies is also provided to reflec

Insurance Companies (overall)

es hard to disseminate quality statistics. It not only

performance of financial sector reflects the financial

ctors analysis. For banks, consolidation is at

n of all banks including foreign banks is given. The

Private Sector Banks

mpanies is also provided to reflect financial health of

at the end of the text.

Financial Statement Analysis of Financial Sector

Methodology used for analysis is ratio analysis because it is a powerful tool to an

Statement of Changes in Equity

ecause it is a powerful tool to analyze financial

parison with results in previous years or with others