Utd.bk (regs) Regulatory News (UBLS)

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

FOR THE HALF YEAR ENDED JUNE 30, 2013

Annexure A

April-June 2013

April-June 2012

January-June 2013

January-June 2012

(Restated) (Restated)

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

Mark-up / return / interest earned

18,351,967

18,559,813

35,357,845

36,255,638

Mark-up / return / interest expensed

(9,302,146)

(8,949,649)

 (17,520,260)

 (17,045,043)

Net mark-up / interest income

9,049,821

9,610,164

17,837,585

19,210,595

Provision against loans and advances - net

(560,111)

(371,246)

(979,266)

(982,643)

Provision against lendings to financial institutions - net

(65,524)

(89,874)

(61,186)

(171,024)

(Provision) / reversal for diminution in value of

investments - net

(15,853)

37,766

(29,073)

43,937

Bad debts written off directly

(63,992)

(113,757)

(108,683)

(193,035)

(705,480)

(537,111)

(1,178,208)

(1,302,765)

Net mark-up / interest income after provisions

8,344,341

9,073,053

16,659,377

17,907,830

Non mark-up / interest income

 Fee, commission and brokerage income

2,271,974

2,098,145

4,616,249

3,964,629

 Dividend income

173,624

632,573

722,480

1,442,774

 Income from dealing in foreign currencies

396,194

478,824

790,212

1,047,082

 Gain on sale of securities - net

1,588,142

45,327

1,981,153

462,286

 Unrealized loss on revaluation of investments

classified as held for trading

(15,073)

(5,723)

(8,851)

(7,731)

 Other income

360,298

339,303

528,489

773,544

Total non mark-up / interest income

4,775,159

3,588,449

8,629,732

7,682,584

13,119,500

12,661,502

25,289,109

25,590,414

Non mark-up / interest expenses

 Administrative expenses

(6,517,572)

(5,848,337)

 (12,699,704)

(11,374,362)

 Other provisions - net

(51,181)

(168,966)

(55,135)

(167,948)

 Workers' Welfare Fund

(126,210)

(129,085)

(242,733)

(276,417)

 Other charges

(12,575)

(25,998)

(25,374)

(52,391)

Total non mark-up / interest expenses

(6,707,538)

(6,172,386)

 (13,022,946)

 (11,871,118)

Profit before taxation

6,411,962

6,489,116

12,266,163

13,719,296

Taxation

- Current

(2,066,070)

(2,136,897)

(3,990,624)

(4,568,966)

- Prior

(2,760)

-

(2,760)

-

- Deferred

(28,786)

42.657

(4,598)

109,804

(2,097,616)

(2,094,240)

(3,997,982)

(4,459,162)

Profit after taxation

4,314,346

4,394,876

8,268,181

9,260,134

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

Earnings per share - basic and diluted

3.52

3.59

6.75

7.56

CONSOLIDATED CONDENSED INTERIM PROFIT AND LOSS ACCOUNT (UN-AUDITED) Annexure B

FOR THE HALF YEAR ENDED JUNE 30, 2013

 April-June 2013

 April-June 2012

 January-June 2013

 January-June 2012

(Restated)

(Restated)

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

 Mark-up / return / interest earned

19,006,821

18,946,545

36,716,106

36,954,287

 Mark-up / return / interest expensed

 (9,649,457)

 (9,089,417)

(18,216,578)

(17,303,968)

 Net mark-up / interest income

9,357,364

9,857,128

18,499,528

19,650,319

 Provision against loans and advances - net

 (619,815)

 (366,110)

 (1,145,399)

 (972,546)

 Provision against lendings to financial institutions - net

 (65,524)

 (89,874)

 (61,186)

 (171,024)

 (Provision)/reversal for diminution in value of investments - net

(15,853)

37,766

 (29,073)

43,937

 Bad debts written off directly

 (63,992)

 (115,182)

 (108,683)

 (194,460)

 (765,184)

 (533,400)

 (1,344,341)

 (1,294,093)

 Net mark-up / interest income after provisions

8,592,180

9,323,728

17,155,187

18,356,226

 Non mark-up / interest income

 Fee, commission and brokerage income

2,647,151

2,412,351

5,300,744

4,572,420

 Dividend income

70,754

123,643

613,605

296,632

 Income from dealing in foreign currencies

408,040

497,016

824,069

1,084,748

 Gain on sale of securities - net

1,136,979

53,292

2,137,096

470,496

 Unrealized loss on revaluation of investments

 classified as held for trading

 (13,880)

 (6,565)

 (7,593)

 (10,904)

 Other income

376,173

355,753

560,223

805,386

 Total non mark-up / interest income

4,625,217

3,435,490

9,428,144

7,218,778

13,217,397

12,759,218

26,583,331

25,575,004

 Non mark-up / interest expenses

 Administrative expenses

 (7,137,185)

 (6,306,378)

(13,789,312)

(12,278,190)

 Other provisions - net

 (67,061)

 (192,399)

 (71,015)

 (206,230)

 Workers' welfare fund

 (127,407)

 (130,060)

 (244,722)

 (278,422)

 Other charges

 (12,575)

 (25,998)

 (25,374)

 (52,391)

 Total non mark-up / interest expenses

 (7,344,228)

 (6,654,835)

(14,130,423)

(12,815,233)

5,873,169

6,104,383

12,452,908

12,759,771

 Share of income of associates

532,222

502,872

826,581

1,090,832

 Profit before taxation

6,405,391

6,607,255

13,279,489

13,850,603

 Taxation

- Current

 (2,070,642)

 (2,162,571)

 (4,019,296)

 (4,607,791)

- Prior

 (10,544)

-

 (10,544)

-

- Deferred

 (28,151)

42,410

 (4,867)

107,965

 (2,109,337)

 (2,120,161)

 (4,034,707)

 (4,499,826)

 Profit after taxation

4,296,054

4,487,094

9,244,782

9,350,777

 Attributable to:

 Equity shareholders of the Bank

4,185,993

4,470,173

8,861,945

9,327,478

 Non-controlling interest

110,061

16,921

382,837

23,299

4,296,054

4,487,094

9,244,782

9,350,777

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

 Earnings per share - basic and diluted

3.42

3.65

7.24

7.62