GROUP | BANK | |||||
As at December 31, | 2017 USD ’000 |
2016 USD ’000 |
Change % |
2017 USD ’000 |
2016 USD ’000 |
Change % |
Assets | ||||||
Cash and cash equivalents | 225,738 | 219,861 | 2.67 | 216,306 | 201,627 | 7.28 |
Balances with central banks | 296,526 | 293,391 | 1.07 | 291,676 | 292,976 | (0.44) |
Placements with banks | 114,800 | 78,254 | 46.70 | 114,800 | 78,254 | 46.70 |
Securities purchased under resale agreements | – | – | – | – | – | – |
Derivative financial assets | 15,199 | 7,031 | 116.17 | 15,199 | 7,031 | 116.17 |
Other financial instruments – Held for trading | 28,717 | 33,307 | (13.78) | 28,717 | 33,307 | (13.78) |
Loans and receivables to banks | 4,170 | 4,170 | – | 4,170 | 4,170 | – |
Loans and receivables to other customers | 4,833,621 | 4,141,098 | 16.72 | 4,801,084 | 4,113,644 | 16.71 |
Financial investments – Available for sale | 1,008,552 | 1,069,065 | (5.66) | 1,007,253 | 1,068,604 | (5.74) |
Financial investments – Held to maturity | 451,600 | 424,885 | 6.29 | 413,820 | 407,221 | 1.62 |
Financial investments – Loans and receivables | 317,139 | 346,070 | (8.36) | 317,139 | 346,070 | (8.36) |
Investments in subsidiaries | – | – | – | 19,961 | 16,263 | 22.74 |
Investments in associates | 715 | 727 | (1.65) | 289 | 296 | (2.36) |
Property, plant and equipment | 106,231 | 77,260 | 37.50 | 95,278 | 68,834 | 38.42 |
Intangible assets | 8,146 | 7,564 | 7.69 | 5,057 | 4,278 | 18.21 |
Leasehold property | 680 | 708 | (3.95) | 473 | 491 | (3.67) |
Deferred tax assets | – | 4,462 | – | – | 6,437 | – |
Other assets | 113,040 | 110,067 | 2.70 | 112,618 | 109,771 | 2.59 |
Total assets | 7,524,874 | 6,817,920 | 10.37 | 7,443,840 | 6,759,274 | 10.13 |
Due to banks | 392,219 | 474,781 | (17.39) | 371,881 | 451,478 | (17.63) |
Derivative financial liabilities | 23,949 | 10,117 | 136.72 | 23,949 | 10,117 | 136.72 |
Securities sold under repurchase agreements | 322,476 | 464,968 | (30.65) | 323,416 | 466,561 | (30.68) |
Other financial liabilities – Held for trading | – | – | – | – | – | – |
Due to other customers/deposits from customers | 5,581,185 | 4,963,677 | 12.44 | 5,534,684 | 4,938,654 | 12.07 |
Other borrowings | 154,857 | 61,904 | 150.16 | 154,857 | 61,904 | 150.16 |
Current tax liabilities | 27,362 | 23,136 | 18.27 | 26,979 | 22,977 | 17.42 |
Deferred tax liabilities | 23,211 | – | – | 21,320 | – | – |
Other provisions | – | 13 | – | – | 13 | – |
Other liabilities | 127,007 | 120,393 | 5.49 | 125,166 | 118,267 | 5.83 |
Due to subsidiaries | – | – | – | 485 | 134 | 261.94 |
Subordinated liabilities | 163,841 | 165,940 | (1.26) | 163,841 | 165,940 | (1.26) |
Total liabilities | 6,816,107 | 6,284,929 | 8.45 | 6,746,578 | 6,236,045 | 8.19 |
Stated capital | 241,820 | 166,798 | 44.98 | 241,820 | 166,798 | 44.98 |
Statutory reserves | 42,269 | 37,716 | 12.07 | 42,168 | 37,715 | 11.81 |
Retained earnings | 33,116 | 30,409 | 8.90 | 32,470 | 29,810 | 8.92 |
Other reserves | 385,886 | 292,570 | 31.90 | 380,804 | 288,906 | 31.81 |
Total equity attributable to equity holders of the Bank | 703,091 | 527,493 | 14.40 | 697,262 | 523,229 | 33.26 |
Non-controlling interest | 5,676 | 5,497 | 3.26 | – | – | – |
Total equity | 708,767 | 532,990 | 32.98 | 697,262 | 523,229 | 33.26 |
Total liabilities and equity | 7,524,874 | 6,817,920 | 10.37 | 7,443,840 | 6,759,274 | 10.13 |
Contingent liabilities and commitments | 3,680,194 | 3,329,339 | 10.54 | 3,677,050 | 3,327,576 | 10.50 |
Net assets value per ordinary share (USD) | 0.71 | 0.59 | 20.34 | 0.70 | 0.59 | 18.64 |
Exchange Rate of 1 USD was Rs. 153.60 as at December 31, 2017 (Rs. 149.75 as at December 31, 2016).