Utd.bk (regs) Regulatory News (UBLS)

Annexure A

UNCONSOLIDATED CONDENSED INTERIM PROFIT AND LOSS ACCOUNT (UN-AUDITED)

FOR THE THREE MONTHS ENDED MARCH 31, 2020

 January - March2020

 January - March2019

-------------- (Rupees in '000) --------------

Mark-up / return / interest earned

43,380,353

31,400,113

Mark-up / return / interest expensed

26,037,828

16,741,531

Net mark-up / interest income

17,342,525

14,658,582

Non mark-up / interest income

Fee and commission income

2,986,449

3,612,868

Dividend income

393,897

226,422

Foreign exchange income

732,424

907,911

(Loss) / Income from derivatives

(11,274)

51,482

Gain on securities - net

342,219

5,098

Other income

222,154

170,643

Total non mark-up / interest income

4,665,869

4,974,424

Total income

22,008,394

19,633,006

Non mark-up / interest expenses

Operating expenses

9,473,593

8,950,871

Workers' Welfare Fund

218,300

181,489

Other charges

181,039

1,985

Total non mark-up / interest expenses

9,872,932

9,134,345

Profit before provisions

12,135,462

10,498,661

Provisions and write-offs - net

3,700,454

1,323,158

Extra ordinary / unusual item

-

-

Profit before taxation

8,435,008

9,175,503

Taxation

3,375,027

5,011,702

Profit after taxation

5,059,981

4,163,801

----------- (Rupees) -----------

Earnings per share - basic and diluted

4.13

3.40

 January - March

2020

 January - March

2019

------ (Rupees in '000) ------

Mark-up / return / interest earned

44,374,183

32,137,781

Mark-up / return / interest expensed

26,584,742

17,170,616

Net mark-up / interest income

17,789,441

14,967,165

Non mark-up / interest income

Fee and commission income

3,461,309

4,131,123

Dividend income

177,699

226,422

Foreign exchange income

770,976

952,802

(Loss) / income from derivatives

(11,274)

51,482

Gain on securities - net

458,052

41,348

Other income

223,403

108,218

Total non mark-up / interest income

5,080,165

5,511,395

Total income

22,869,606

20,478,560

Non mark-up / interest expenses

Operating expenses

10,314,814

9,762,408

Workers' Welfare Fund

219,422

184,081

Other charges

181,039

1,985

Total non mark-up / interest expenses

10,715,275

9,948,474

Share of (loss) / profit of associates

(147,536)

243,571

Profit before provisions

12,006,795

10,773,657

Provisions and write-offs - net

3,701,317

883,020

Extra ordinary / unusual item

-

-

Profit before taxation from continuing operations

8,305,478

9,890,637

Taxation

3,400,320

5,052,344

Profit after taxation from continuing operations

4,905,158

4,838,293

Discontinued operation

Profit / (loss) from discontinued operation - net of tax

6,505

(785,740)

Profit after taxation

4,911,663

4,052,553

Attributable to:

Equity holders of the Bank

 from continuing operations

4,871,117

4,828,562

 from discontinued operation

6,505

(785,740)

4,877,622

4,042,822

Non-controlling interest

34,041

9,731

4,911,663

4,052,553

------------ (Rupees) ------------

Earnings per share for profit from continuing operations attributable to the ordinary equity holders of the Bank

Basic and diluted

3.98

3.94

Earnings per share for profit attributable to the ordinary

 equity holders of the Bank

Basic and diluted

3.98

3.30