askaribank
LIIVIITE D
SECTT/AKB L/Hoard- I 93/2025
A rigiist 2.1, 2025
ae Managing Dii ectoi
PakistaiJ Stock ExclJanSe Lim itcd Stock Exchange UziilcliiJg
Stock Exchange l'toad
Kai"aclJi
Dear Sir
Subject: f'inu ncial Results for the HalfYca r Entletl I une30, 2025
We have to in1our you that the Doard of Directors of Askari l3ank 1.iinited (AK BL) in tlaei r meeting held on Tlitii sday, August 21, 2025 at 10:30 am at Raival pi ndi has recommended the follow rug:
Cash Divitlcnil
An interim Cash Divi dend for the half year ended I true 30, 2025 at Rs. 2.0 per share. i.e., 20%.
lloniis Shai-cs NH.
ItiglitShnres - Nil.
Any other entitlement / Corpoi-ate Action NIL
Any other l•rice-Sensitive Infoi'mation NIL
Statement of Fiijancial Positi on, Staterrient of Profit or Loss along w itli Statement of Changes in Equity and Statement of Cash Flows are attached as under:
+ Annexure-A (Stantlalone)
Annexure-B (Consolidated)
The Share Transfer Books of the Bank wil 1 be closed from September 02, 2025 to September 04, 2025 (both days inclusive). Transfers received at the Bank's Slaare Itcgi strar, CDC Staare Registrar Services Limited (C DCSRSL), Mezzanine Floor, Soiitli Towei , LSE Plaza, I 9-Klaayaban-e-Aiwan-e-lqbal, Lahore at the close of busi ness on September 01, 2025 will be treated in tiiiie for the purpose of above entitlement.
The above entitlerrlent will be paid to the shareholders whose names will appear in the Register of M eiiibers at the close of busi ness on September 01, 2025.
In line with PSX Notice No. PSX/N- 1031 dated October 10, 2023, the half yeai ly report of the Bank will be transmitted to PSX electronically tlii ough PUCA RS.
Yours 'Lily
CC: Exec ive Dii ctoi'/HOD
Offsite- Ment, Stipeiv ision Division Sec‹ii ities & ExclJailge Commission of Pakistan Islamabad
Askari Bank Limited, Co mpany Secretary Office,
Plot # 1.8, 4th Floor, NPT Building , F-8 Markaz, IsIam abad - Pakistan, PABX: + 92 51 2857424-39, Fax: + 9.2.51.2857448, SWIFT: ASCM PKK A
SECTT/AKBL/Board-193/2025
ASKARI BANK LIMITED CONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITIONAS AT JUNE 30, 2025
(Un-audited) June 30,
2025
(Audited) December 31,
2024
Note
-- Rupeesin '000----
ASSETS Cash and balances with treasury banks | 6 | 124,611,627 | 133,535,449 |
Balances with other banks | 7 | 14,680,427 | 12,958,886 |
Lendings to financial institutions | 8 | 39,102,982 | 4,567,619 |
Investments | 9 | 1,927,500,965 | 1,509,368,801 |
Advances | 10 | 514,333,065 | 695,692,118 |
Properly and equipment | 11 | 22,967,064 | 21,834,904 |
Right-of-use assets | 12 | 12,947,536 | 12,196,186 |
Intangible assets | 13 | 1,834,000 | 1,849,778 |
Assets held for sale | 14 | 1,750,000 | 1,750,000 |
Deferred tax assets | 21 | ||
Other assets | 15 | 92,070,609 | 107,627,955 |
Total Assets | 2,751,798,275 | 2,501,381,696 | |
LIABILITIES | |||
Bills payable | 16 | 26,233,845 | 66,704,448 |
Borrowings | 17 | 978,568,168 | 869,212,410 |
Deposits and other accounts | 18 | 1,521,179,704 | 1,362,850,503 |
Lease liabilities | 19 | 15,267,603 | 14,174,653 |
Subordinated debts | 20 | 12,000,000 | 12,000,000 |
Deferred lax liabilities | 21 | 7,164,329 | 737,821 |
Other liabilities | 22 | 54,363,623 | 53,291,573 |
Total Liabilities | 2,614,777,272 | 2,378,971,408 | |
NET ASSETS | 137,021,003 | 122,410,288 | |
REPRESENTED BY | |||
Share capital | 14,492,992 | 14,492,992 | |
Reserves | 87,8 35,101 | 74,690,127 | |
Surplus on revaluation of assets - net of tax | 23 | 24,783,640 | 16,235,737 |
Unappropriated profit | 9,424,388 | 16,522,092 | |
Non-Controlling interest | 484,882 | 469,340 | |
137,021,003 | 122,410,288 | ||
CONTINGENCIES AND COMMITMENTS | 24 |
The annexed notes 1 to 41 form an integral part of these consolidated condensed interim financial statements
Director Director Chairman
ASKARI BANK LIMITED
CONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT AND LOSS ACCOUNT (UN-AUDITED) FOR THE SIX MONTH PERiOD ENDED JUNE 30, 2025
Quarter ended
June 30, June 30,
2025 2024
(Reslaled)
SECTT/AKBL/Board-193/2025
Period ended
June 30, June 30,
2025 2024
(Restated)
Mark up / return / interest earned
Mark-up / return / interest expensed
Net mark-up / interest income
Note
26 72,756,025
27 52,055,468
20,700,567- - Rupees in '000 - ----
105,625,450 148,691,671 206,497,499
93,3 0,314 106,067,833 180,940,706
1 2,315,136 42,623,838 25,556,793
NON MAR K •UP / INTEREST INCOME
Fee and commission income Dividend income
Foreign exchange income Income / (loss) from derivatives Gain on securities
Nel gains/(loss) on derecognition of financial assels measured at amortised cost
Other income
Total non-markup / interest income Total income
NON MARK•UP 7 INTEREST EXPENSES
Operating expenses Workers' Welfare Fund Other charges
Total non-markup / interest expenses
Profit before credil loss allowance
Credil loss allowance / provisions and write offs - net Extraordinary / unusual items
PROFIT BEFORE TAXATION
Taxation
PROFIT AFTER TAXATION
Profit attributable to
Non conl‹oIling interest Equily holders of the Bank
28
1,824,184 | 1,941,796 | 3,588,397 | 3,673,560 |
181,218 | 296,974 | 415,269 | 504,580 |
1,046,970 | 962,8t8 | 1,754,476 | 2,414,466 |
133,376 | 6£4,827 | 962,051 | 900,019 |
139,583 | 138,009 | 313,542 | 236,819 |
29
30
3,325,331
24,025,888
10,901,395 | 8,791,97 1 | 20,845,085 | 17,150,350 |
135,600 | 135,000 | 292,078 | 270,000 |
1,857 | 8,894 | 3,303 | 9,272 |
31
32
11,038,852
12,987,036
33 380,820
12,606,216
34 9,066,981
3,539,235
26,357
3,512,878
3,539,235
3.964,424
1 6,279,560
8,935,865
7,343,695
(4 ,625,964)
8,969,659
4,548,028
4,421,631
19,148
4,402,483
4,421.631
7,033,735
49,657,573
21,140,466
28,517,107
636,618
27,88 0.48 9
17,185,002
10,695,487
57,878
10,637,609
10,695,487
7,729,444
33,266,237
17,429,622
15,856,615
(452,29 )
16,308,906
8,172,217
8,136.689
43,807
8,092,882
8,136.689
--- Rupees ------
Basic and diluted earnings per share
35 2.44
3057.38
5.61
The annexed notes 1 lo 41 form an integral part of these consolidated condensed interim financial stalemen is.
Chief Financial Officer President & Chief Executive Officer Direclor
Director
Chairman
SECTT/AK8L/Board-193/2025
CONSOLIDATED COn DENSED INTERIM STATEMENT OF CHANGES IN EOUITY FOR THE CIX MONTH PERIOD ENDED JUNE 40, 2026
Share
e r 9e translation
Merger
Statutory
General
Surplus / tdoficit) on revaiuation of
Property and eouipment Un-appropriated Non-controlling
reserve
reserve
reserve
reserve
investments
/ Non sanñng assets profit interest
Total
- | Rupees in '000 | ||||||||||
Balance as at January 1, 2024 taudited) | 14,492,992 | 1,912,226 | 128.355 | 17,748,529 | 38,066,642 | {4,615,633) | 14,062.242 | 376,698 | 93,797, 736 | ||
Total comprehensive income for the six montn enoed | |||||||||||
June 3O, 2024 | |||||||||||
Proft after raxalion for the six month oeriod enoed June 30. 2024 restated) | 8,092,882 | 43,807 | 8,136,689 | ||||||||
Olner comprehensive income - nel or tax | (6 j ,772) | 1,735,94c | - 367,245 | 2,041 ,421 | |||||||
8, 460. J 27 | 43,807 | O,178, 0 | |||||||||
Transfer to *tatulory reserve Transfer to general reserve | • | 809.288 | 16,808,564 | - T809,288) (16,808,564) | |||||||
Gain on disposal of equity s ecurilies measured | |||||||||||
at FVOC i• net of tax | (189,250) | 189,2S0 | |||||||||
Transactions with owners. recorded directly in equity
14,492,992
1,850,4W
0,825,685
2,270,Sd 9
392,284
%.3?‹,374
min ai dtvtdend 2023: R s. 2. 5 per s pa re
Balance as at June 40, 2024 Run-audited}
Total comprehensive income for me six month poriod ended December 31. 2024
Profil after taxation ror Ihe six month peñod ended
December 31, 2024 | 13,044,812 | 74, W | 13,119, 165 | |||||||||||||||
o+1ner comprehensive income - net or tax | 11,590 | • | 8.369,762 | 142.282 | 0.409 | 2.706 | 8,966, 749 | |||||||||||
11,590 | 8,369,762 | 142.282 | 13,485,'22J | 77,059 | 22,085,914 | |||||||||||||
Transfer to statutory reserve | 1,292,979 | (1,292.979) | ||||||||||||||||
Transfer to general reserve | (2,026,274) | Z,026,274 | ||||||||||||||||
Gain on disposal of eouity instruments measured at FVOCI | ||||||||||||||||||
(33 057) | 33.067 | |||||||||||||||||
Balance as at December st, 2024 auoiteo) | 14,492,992 | 120,355 | 19.850,796 | 58,g 8,932 | 0,267,770 | 1 0,967,967 | 16,522,092 | 469,340 | 1W,+10,288 | |||||||||
Effect of remeasurement on adoption of iFRS9 met of iax) | <32,400 | • | 432,40O | |||||||||||||||
Effect of adoption of IFRS9 • ECL (net of tax) | t440,618) | (440,618) | ||||||||||||||||
Balance as at January 1, 2025 trestated) | 14,492,992 | 4,862,044 | 128,355 | 19,850.796 | 52,84B,932 | 5,700,170 | 10,967,967 | 16,081,474 | 469,3 IO | 122,402,070 | ||||||||
Toial comprehensive income for the slx morrth period endeo | ||||||||||||||||||
Juoe 4o, 2025 | ||||||||||||||||||
Profit after taxation for the six month peñod ended June 30, 2025 | 40,637,609 | 57,878 | 10,695,487 | |||||||||||||||
Otner comprehensive income - net of tax | I 03,31 | 8.:284,299 | (73.930) | 8,313,680 | ||||||||||||||
103,311 | 8,28d,299 | 10,S63.679 | 57.878 | 19,009, 67 | ||||||||||||||
Transfer to statutory reserve | J ,063,76 | - (1,063,761) | ||||||||||||||||
Transfer to general reserve | 1 .977,902 | t11,977.902) | ||||||||||||||||
Gain on disposal of eouity securities measured | ||||||||||||||||||
at F'YOC I - net of tax | (168,796) | |||||||||||||||||
Transactions with owners. recorded directly in equity | ||||||||||||||||||
Final dividend 202 4* Rs. 3 oer s h are | (A2,3T6) | (4.390.234J | ||||||||||||||||
Balance as at June 30, 202a (un-audited) | 14,492.992 | 1,96$,36fi | 128,355 | 20 914,557 | 6'4,826,834 | 13.815 673 | 10,967,967 | 9,424,388 | 484,882 | j37 021.003 | ||||||||
The annexed notes 1 to 41 form an integral part of these consolidated condensed interim financial statemenfs.
Hresibenl & Cfnief Hxecutive OGcer
Director
Oireetor
Chairman
ASKARI BANK LIMITED
CONSOLIDATED CONDENSED INTERIM CAS H FLOW STATEMENT (UN•AUDIT ED) FOR THE CIX MONTH PERIOD ENDED JUNE 30, 2025
Note
SECT"F/AKBL/Board 193/2025
Period ended
June 30, June 30,
2025 2024
-- Rupees in '000 ---
CASH PLOW FROM OPERATING ACTIVITIES | ||||||
Profit before taxation | 27,880,489 | 16,308,906 | ||||
Less: Dividend income | (415,269) | (504,580) | ||||
27,465,220 | 15,804,326 | |||||
Adjustments: | ||||||
Depreciation | 911,606 | 638,341 | ||||
Amoñization | 113,180 | 110,834 | ||||
Depreciation on right-of-use assels | 1,151,706 | 1,079,163 | ||||
Finance charges on leased assets | 934,807 | 697,985 | ||||
Gain on termination of lease contracts | (11,129) | (5,524) | ||||
Cha ge for defined benefit plan | 395,597 | 333, 264 | ||||
Amortization of deferred cost on recognition of loan at fair value | 259,574 | 259,574 | ||||
Credit loss allowance and write offs | 33 | 710,679 | (398,979) | |||
Unrealised (loss) / gain on revaluation of securities - FVTPL | 163,355 | (581,574) | ||||
Gain on sale of property and equipment | (22,220) | (6,702) | ||||
4,607,155 | 2,126,382 | |||||
Decrease / (increase) in operating assets | 32,072,375 | 17,930,708 | ||||
Lendings to financial institutions | (34,520,824) | (86,184,576) | ||||
Securities classified as FVTPL | 2,432,142 | 328,456 | ||||
Advances | 179,598,139 | (98,336,226) | ||||
Other assets (excluding advance taxation) | 13,664,129 | (15.621,758) | ||||
161,173,586 | (199,814,10g) | |||||
Increase / (decrease) in operating liabilities | ||||||
Bills payable | (40,470,603) | 1,166,713 | ||||
Borrowings from financial institutions | 109,355,758 | 219,169,530 | ||||
Deposits | 158,329,201 | 119,633,823 | ||||
Other liabilities | 1,989,302 | (1,733,929) | ||||
229,203,658 | 338,236.137 | |||||
422,449,619 | 156,352,741 | |||||
Payment made to defined benefit plan | (32,236) | (127,350) | ||||
Income tax paid | (18,472,275) | (12,332,383) | ||||
Net cash flow from operating activities | 403,945,108 | 143,893,008 | ||||
CAS H FLOW FROM INVESTING ACTIVITIES | ||||||
Net investmenIs in securiles classified as FVOCI | (403,246,847) | (188,134,410) | ||||
Net inveslmenis in amortized cosl securities | (209,291) | 8,393,015 | ||||
Dividend received | 399,700 | 501,624 | ||||
Investmenls in property and equipment | (2,066,803) | (1,876,726) | ||||
Inveslmenls in intangible assets | (97,794) | (199,305) | ||||
Disposals of property and equipment | 45,779 | 16,299 | ||||
Effect of translation of nel investment in Wholesale Bank Branch | 103.311 | (61,772) | ||||
Net cash flow used in investing activities | (405,071,945) | (181,361,275) | ||||
CASH FLOW FROM FINANCING ACTIVITIES Payments of lease obligation against right-of-use assets | (1,730,601) | (1,325,171) | ||||
Dividend paid | (4,344,843) | (3,611.807) | ||||
Net cash flow used In financing activities | (6,075,444) | (4,936,978) | ||||
Decrease in cash and cash equivalents | (7,202,281) | (42,405, 245) | ||||
Casb and cash equivalents al beginning of the period | 146.494,335 | 174,848,644 | ||||
Cash and cash equivalents at end of the period | 139.292,054 | 132,443,399 | ||||
The annexed notes 1 to 4 form an integral part of these consolidated condensed interim financial statements
PresidenI & Chief Executive Officer Director Director Chairman
SECTT/AKBL/Board-193/2025
ASKARI BANK LIMITED UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITIONAS AT JUNE 30, 2025
(Un-audited) June 30,
2025
(Audited) December 31,
2024
Nole -- Rupees in '000 ------
ASSETS Cash and balances with treasury banks | 6 | 124,532,736 | 133,505,285 |
Balances wilh other banks | 7 | 13,000,776 | 10,776,034 |
Lendings to financial institutions | 8 | 39,102,982 | 4,567,619 |
Investments | 9 | 1,927,822,642 | 1,509,745,761 |
Advances | 10 | 514 827,027 | 695,758,143 |
Property and equipment | 11 | 22,908,988 | 21,796,057 |
Right-of-use assets | 12 | 12,900,053 | 12,161,484 |
Intangible assets | 13 | 1,825,077 | 1,839,788 |
Assets held for sale | 14 | 1,750,000 | 1,750,000 |
Deferred tax assets | |||
Other assets | 15 | 90,986,857 | 106,474,034 |
Total Assets | 2,749,657,138 | 2,498,374,205 | |
LIABILITIES | |||
Bills payable | 16 | 26,233,845 | 66,704,448 |
Borrowings | 17 | 978,568,168 | 869,212,4 10 |
Deposits and other accounts | 18 | 1,522,296,596 | 1,363,735,115 |
Lease liabilities | 19 | 15,214,512 | 14,136,598 |
Subordinated debts | 20 | 12,000,000 | 12,000,000 |
Deferred tax liabilities | 21 | 7,163,646 | 734,350 |
Other liabilities | 22 | 51,980,955 | 50,222,725 |
Total Liabilities | 2,613,457, 722 | 2,376,745,646 | |
NET ASSETS | 136,199,4 16 | 121,628,559 | |
REPRESENTED BY | |||
Share capital | 14,492,992 | 14,492,992 | |
Reserves | 87,717,797 | 74,574,030 | |
Surplus on revaluation of assels net of tax | 23 | 24,783,640 | 16,235,737 |
Unappropriated profit | 9,204,987 | 16,325,800 |
136,199,416 121,628,559
CONTINGENCIES AND COMMITMENTS 24
The annexed notes 1 to 42 form an integral part of these unconsolidated condensed interim financial statements
Director Director Chairman
SECTT/AKBL/Board-193/2025
ASKARI BANK LIMITED UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT AND LOSS ACCOUNT (UN-AUDITED)FOR T+4E SIX MONTH PERIOD ENDED JUNE 30, 2025
Quarter ended June 30, June 30,
2025 2024
(Restated)
Six month period ended June 30, June 30,
2025 2024
(Restated)
1,661,554 | 1,725,618 | 3,260,903 | 3,457 382 |
181,218 | 326,350 | 459,333 | 533,956 |
1,040,499 | 962,818 | 1,744,872 | 2,414,466 |
129,714 | 621,136 | 961,802 | 896,328 |
139,698 | 113,318 | 316,604 | 212,128 |
Note Rupees in '000
Mark-up / return / interest earned | 26 | 72,711,566 | 105,553, 208 | 148,560,117 | 206,425, 257 | ||
Mark-up / return / interest expensed | 27 | 52 076,506 | 93,35 1,034 | 106,097,4 10 | 180 981,426 | ||
Net mark-up / interest income | 20,635,060 | 12,202,174 | 42,462,707 | 25,443,831 | |||
NON MARK-UP / INTEREST INCOME | |||||||
Fee and commission income | 28 | ||||||
Dividend income | |||||||
Foreign exchange income | |||||||
Income / (loss) from derivatives Gain on securities | 29 | ||||||
Net gains / (loss) on derecognition of financial assets | |||||||
measured at amortised cost | |||||||
Other income Total non-markup / interest income | 30 | 3,152, 683 | 3,749,240 | 6,743,514 | 7,514,260 | ||
Total income | 23,787,743 | 15,95 1,414 | 49,206,221 | 32,958,091 | |||
NON MARK-UP / INTEREST EXPENSES | |||||||
Operating expenses | 31 | 10,728,122 | 8,567,080 | 20,523,052 | 16,925,459 | ||
Workers' welfare fund | 135,000 | 135,000 | 290,000 | 270,000 | |||
Other charges | 32 | 1,857 | 8,894 | 3,303 | 9,272 | ||
Total non-markup / interest expenses | 10,864,979 | 8,710,974 | 20,816,355 | 17,204,731 | |||
Profit before credit loss allowance | 12,922,764 | 7,240,440 | 28,389,866 | 15,753,360 | |||
Credit loss allowance / provisions and write offs - net Extra ordinary / unusual items | 33 | 379,570 | (1,627,465) | 635,368 | (453,792) | ||
PROFIT BEFORE TAXATION | 12,543,194 | 8,867,905 | 27,754,498 | 16,207,152 | |||
Taxation | 34 | 9,040,374 | 4,511,512 | 17,128,962 | 8,135,701 | ||
PROFIT AFTER TAXATION | 3,502,820 | 4,356,393 | 10,625,536 | 8,071,451 | |||
Basic and diluted earnings per share
35 2.42 3.01 7.33
5.57
The annexed notes 1 to 42 form an integral part of these unconsolidated condensed interim financial statements
Director Director Chairman
ASKARI BANK LIMITE D
UNC ONSOLIDATE D CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2025
SECTT/AKBL/Board-193/2025
Share capital
Exchange translation reserve
Statutory reserve
Generai
reserve Investments
Balance as at January 1, 202+ (audited) | 4 4, 492 ,992 | 4 ,91 2, 226 | 17,748,529 | 38,078,900 | (4,615,726) | 9 825,685 | ‹4y6£,£90 | 93,224,896 |
Total comprehensive income for the six month ended | ||||||||
June 30, 2024 | ||||||||
Profit after taxation for the six month period ended June 30, 2024 | 8.071,4$1 | 8.071,45a | ||||||
0 ther comprehensive income - net of tax | (61.772) | 1,736.041 | 367.245 | 2.081,61a | ||||
(61,772) | 1,736.041 | 8.438,696 | 10.112,965 | |||||
Transfer to statutory reserve | 807,145 | (807,145) | ||||||
Try nsfer to general reserve | 16,808,564 | (16. 808,564) | - | |||||
Gain on disposal of equity securities measure d at FVOCT - net of tax | 189, 250 | |||||||
- Rupees in '000
Property and equipment Un-appropriated
/ Non banking assets profit
Total
Transaction s with owners, recorded directly in equity Final dividend 2023. Rs 2.5 per share
(3, 623,248) (3, 623, 248)
Balance as at June 30, 2024 (un-audited) • res1ated | 14,492,992 | 1,850, 454 | 18.555.674 | 54,8 87,464 | (3,068, 935) | 10,825, 685 | 2,171,279 | 99,7 14,613 | |||
Total comprehensive income for the six month period ended | |||||||||||
Oecember 31, 2024 Profit after taxation for the six month period ended | |||||||||||
Oecember 31, 2024 | 12,951, 220 | 12,951, 220 | |||||||||
Other comprehensive income - net of tax | 41.590 | 8.369.762 | 1^ 2.282 | 439 09P | 8,962 726 | ||||||
11,590 | 8.369,762 | 142,282 | 13,390,312 | 21,913 946 | |||||||
Transfer to statutory reserve | 1,296,122 | (1,295,122) | |||||||||
Transfer fo general reserve | 2,026 274 | ||||||||||
Gain on disposal of equity instruments measured at FVOCI | |||||||||||
- net of tax | (33, 057) | 33,057 | |||||||||
Balance as at December 31, 2024 (audited) | 14,492.992 | 1,862,044 | 4 9,850, 796 | 52,861. 490 | 5, 26 Z,7fO | 10,96 Z,96 I | 6 025,800 | 2 4 ,626, 55g | |||
Erect of remeasurement on adoption of IFRS 9 (net of tax) Effect of adoption of IFRS9 - ECL (net of tax) | 432, 400 | (440 618) | 432, 400 (440,'o18) | ||||||||
Balance as at January 1, 2025 | 14, 492,9 92 | 1,862, 044 | 19,850,796 | 52 861,190 | 5,700, 70 | 10,967,967 | 15,88 5.182 | 121 620,341 | |||
Total comprehensive income for the six month period ended | |||||||||||
June 30, 2025 | |||||||||||
Profit after taxation for the six month period ended June 30, 2025 | 10,625.5 36 | 1 0,625.5 36 | |||||||||
Other comprehensive income - net of tax | 103 311 | 8284299 | (86.173) | 8.301.4 37 | |||||||
103,311 | 8, 284299 | 10.5 39,363 | 18.9 26,973 | ||||||||
Transfer to statutory reserve | 1,062,554 | (1.062,554) | |||||||||
Transfer to general reserve | 11,977,902 | (11.977,902) | |||||||||
Gain on disposal of equity securities measured af FVOCI - nel of tax | (168,796) | 168,796 | |||||||||
Transac tions witn owners, recorded directly in equity | |||||||||||
Final dividend 2024 Rs 3 per share | (4,347,898) | (4,347,898) | |||||||||
Balance as at June 30, 2025 (un-audited) | 1«9299? 1 965 350 | 4 0 967 96 7 | 9 204 98 7 | 36 99 4 6 | |||||||
The annexed nofes 1 foot ral part of these unconsoiid ated condensed interim financial statements
ChieI Fman cial O ffi .' '".'• President & Chief Executive Officer
Director
Director
Chairman
SECTT/AKBL/Board-193/2025
ASKARI BANK LIMITE D
UNCONS OLIDAT ED CONDENSED INTERIM CASH FLOW STATEMENT IUN-AU DITED} FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2025
Note
Six month period ended June 30, June 30,
2025 2024
-- Rupees in '000 ------
CASH FLOW FROM OPERATING ACTIVITIES | ||||||
Profit before taxation | 27,754,498 | 16,207,152 | ||||
Less: Dividend income | (459,333) | (533,956) | ||||
Adjustments: | 27,295,165 | 15,673,196 | ||||
Depreciation | 901,971 | 634,407 | ||||
Amortization | 31 | 112,577 | 110,749 | |||
Depreciation on right-of-use assets | 31 | 1,151,706 | 1,079,163 | |||
Finance charges on leased assets | 27 | 931,807 | 697,985 | |||
Gain on termination of lease contracts | 30 | (11,12 9) | (5,524) | |||
Charge for defined benefit plan | 395,597 | 333,264 | ||||
Amortization of deferred cost on recognition of loan al fair value | 27 | 259,574 | 259,574 | |||
Credit loss allowance and write offs | 709,429 | (400,480J | ||||
Unrealised loss / (gain) on revalualion of securities - FVTPL | 29 | 163,604 | (577,883) | |||
Gain on sale of property and equipment | 30 | (25,282) | (6,687) | |||
4,589,854 | 2.124,568 | |||||
31,885,019 | 17,797,764 | |||||
Decrease / (increase) in operating assets | ||||||
Lendings lo financial institutions | (34,520,824) | (86,184,576) | ||||
Securities classified as FVTPL | 3,091,700 | 332,123 | ||||
Advances | 179,170,202 | (98,244,094) | ||||
Other assets (excluding advance taxation) | 13.620,071 | (15.714,400) | ||||
161,361,149 | (199,810,947) | |||||
Increase / (decrease) in operating liabilities | ||||||
Bills payable | (40,470,603 | 1,166,713 | ||||
Borrowings from financial institutions | 109,355,758 | 219,169,530 | ||||
Deposits | 158,561,481 | 120,457,052 | ||||
Other liabilities | 2,036,728 | (1.816,479) | ||||
229,483,364 | 338,976,816 | |||||
Payment made lo defined benefit plan | (39,907) | (131,408) | ||||
Income tax paid | (18,4 57,173) | (12,307,088) | ||||
Net cash flow from operating activities | 404,232,4 52 | 144,525,137 | ||||
CASH FLOW FROM INVESTING ACTIVITIES | ||||||
Net investments in securites classified as FVOcI | (402,615,537) | (188,134,410) | ||||
Net investments in amortized cost securities | (790,331) | 8,393,015 | ||||
Dividend received | 443,764 | 531,000 | ||||
Investments in property and equipment | (2,038,558) | (1,875,641) | ||||
Investment made in subsidiary | (700 000) | |||||
lnvestmenls in intangible assets | (97,794 | (199,305) | ||||
Disposals of property and equipment | 48,841 | 16,284 | ||||
Effect of translation of net investment in Wholesale Bank Branch | 103.311 | (61,772) | ||||
Net cash flow used in investing activities | (404,946,304) | (182,030,829) | ||||
CASH FLOW FROM FINANCING ACTIVITIES | ||||||
Payments of lease obligation against right-of-use assets | 19 | (1,730,601) | (1,325,171) | |||
Di'vidend paid | (4,302.507) | (3,583,583) | ||||
Net cash flow used In financing activltles | (6,033,108) | (4,908,754) | ||||
Decrease in cash and cash equivalents | (6,746,960) | (42,414,446) | ||||
Cash and cash equivalents at beginning of the period | 144,280,472 | 173,876,425 | ||||
Cash and cash equivalents al end of the period | 137,533,512 | 131,461,979 | ||||
The annexed notes 1 Io 42 form an integral part of lhese unconso)idated condensed inlerim financial slalements
President & Chief Executive Officer Direclor Director Chairman
