National Bank Of PakistanPSX: NBP

Financial results for the quarter ended september 30, 2025

Oct 29, 2025 at 4:46 AM UTC · Issued by National Bank of Pakistan

National Bank of Pakistan

FORM-7

October 28, 2025

3 lie fienei al Manager 1°akistan Stock Exchange Ltd. Stock Exchange Building Stock Exchange Road Karachi.

11c.rr Sir,

FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2025

\ e ha e to inforTl yt ti that the Boai'd or Directors o1 National Bank of Pakistan in its meeting laelct on Tuesday the October 25, 2025 at 04:00 P.M., lfas not recommended any Cash Di› idcnd, Bonus issue / Right Share or any other entitlement. The financial results of the Bank for the quartei ended September 30, 2025 are enclosed.

3 he Quarter 1 Report of the Company for the Period ended September 30, 2025 will be

i1"dlâSi4411lO/ 1Jii'oug1i PUCAUS separatel y.

Yours truly,

EVP

Enc1: (a.a.)

Sethi)

h*cial Officer

(S. M. Ali Wamin)

Secretary (Board)

Secretary Board of Directors

NBP, 2nd Floor, Head Office, l.I. Chundrigar Road, Karachi. Ph: 99220224 Fax: 99220239 Website: https://www.nbp.com.pk

NATIONAL BANK OF PAKISTAN

UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION

AS AT SEPTEMBER 30, 2025

September 30, December 31,

2025 2024

(Un-audited) (Audited) (Rupees in '000)

ASSETS
Cash and balances with treasury banks	360,919,458	314,234,036
Balances with other banks	19,795,262	56,836,483
Lendings to financial institutions	94,196,534	30,000,000
Investments	4,664,705,234	4,612,334,198
Advances	1,256,911,588	1,404,867,872
Property and equipment	65,838,960	61,668,070
Right-of-use assets	7,106,343	6,317,624
Intangible assets	2,368,196	1,939,636
Deferred tax assets
Other assets	245,910,545	255,880,334
Total assets	6,717,752,120	6,744, 078,253
LIABILITIES
Bills payable	17,752,634	26,060,123
Borrowings	1,544,668,733	1,937,756,922
Deposits and other accounts	4,258,330,419	3,865,564,883
Lease liability against right-of-use assets	9,152,901	8,030,117
Subordinated debt
Deferred tax liabilities	38,910,508	40,944,092
Other liabilities	335,086,974	408,770,670
Total liabilities	6,203,902,169	6,287,126,807
NET ASSETS	513,849,951	456,951,446
REPRESENTED BY
Share capital	21,275,131	21,275,131
Reserves	90,257,648	82,411,898
Surplus on revaluation of assets - net of tax	117,740,873	118,202,425
Unappropriated profit	284,576,299	235,061,992
	513,849,951	456,951,446

Abdul Rahim

P / Divisional Head

Ab hi ethi SE FO

NATIONAL BANK OF PAKISTAN

UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT AND LOSS ACCOUNT (UN-AUDITED) FOR THE QUARTER AND NINE MONTHS PERIODS ENDED SEPTEMBER 30, 2025

Mark-up / return / interest earned	190,390,073	272,711,811		601,290,392		838,691,062
Mark-up / return / interest expensed	129,664,660	237,898,631		410,005,186		729,704,54
Net mark-up / return / interest income	60,725,413	34,813,180		191,285,206		108,986,521
NON MARK-UP / INTEREST INCOME
Fee and commission income
Dividend income
Foreign exchange income
Gain on securities - net Net loss on derecognition of financial assets
measured at amortised cost
Other income
Total non mark-up / interest income		14,786,120		16,895,581	41,360,377	41,897,049
Total income		75,511,533		51,708,761	232,645,583	150,883,570
NON MARK-UP / INTEREST EXPENSES
Operating expenses		29,804,401		30,087,545	88,911,759	81,391,477
Other charges 24,837 19,253 56,523 36,392
Total non mark-up / interest expenses	29,829,238	"	30,106,798		88,968,282		81,427,869
Profit before credit loss allowance / provisions	45,682,295		21,601,963		143,677,301		69,455,701
Credit loss allowance / provisions and write offs / (reversal of provisions / credit loss allowance) - net	(3,863,390)		1,516,166		905,721		(266,595)
Extra ordinary / unusual items - Pension expense							49,014,365
PROFIT / (LOSS) BEFORE TAXATION	49,545,685		20, 085,797		142,771,580		20,707,931
Taxation	26,383,347		11,308,056		76,137,486		11,571,770

Quarter ended Nine months ended

September 30,

2025

2024

(Restated)

(Rupees

2025

in '000)

2024

(Restated)

4,979,188	5,186,090	19,725,438	17,243,745
785,495	1,088,801	3,926,870	4,120,528
1,230,320	1,136, 122	4,760,909	5,135,066
7,966,195	9,336,890	13,252,308	15,159,733
(327,636)		(983,087)
152,558	147,678	677,939	237,977

Income / (loss) from derivatives

PROFIT / (LOSS) AFTER TAXATION

Basic and diluted earnings per share

23,162,338 8 777 741 66,634,094 9,136 161

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

(Restated) (Restated)

10.89 _ _ 4.13 31.32 4.29

EVP /

NATIONAL BANK OF PAKISTAN UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY FOR THE NINE MONTHS PERIOD ENOED SEPTEMBER 30, 2025

88888

capital

Capital reserves

Revenue reserves

Surplus I (Deficit) on revaluation of

Total

Exchange translation reserve

Statutory "*'"'

Merger reserve

General reserve

Total

Investments

Property anc equipment I Non banking assets

T0tdl

Balance as at December 31, 2023 (Audited)	21,275,131	31,032,950	47.153,577	363.606	521,338	79,071,471	16,885,488	46,769.105	63,654,593	218,754,398	382,755,593
Impact of adoption of IFRS 9 - net of tax		-				-	(1,714,431)	-	(1,714,431)	(10,288,506)	(12,002,937)
Balance as at January 01, 2024 - restated	21,275,131	31,032,950	47,153,577	363,606	521,338	79,071,471	15,171,057	46,769,105	61,940,162	208,465,892	370,752,656
Profit after taxation for the nine months ended September 30.2024 restated										9.136,161	9,136,161
EPect of translation of net investment in foreign branches Movement in surplus / (deficit) on revaluation of investments in debt instruments through FVOCI - net of tax		(236,184)				(236,184)	44,254,149		44,254.149		(236,184) 44.254,149

jay							(1,774.080)		(1,774,080)		(1,774,080)
Movement in surplus / (deficit) on revaluation of investments in equity instruments - net of tax Remeasurement loss on defined benefit obligations - net of tax Movement in surplus / (deficit) on revaluation of property and equipment - net of tax							726,643		726,643	(882,786)	726,6d3 (882,786)
Movement in surplus / (deficit) on revaluation of non-banking assets - net of tax
Total other comprehensive income - net of tax		(236,184)				(236,184)	43,206,712		43,206,712	8,253,375	51,223,903
Transfer to statutory reserve			913,616			913.616				(913,616)
Transfer from surplus on revaluation of assets to unappropriated profit - net of tax								(129.691)	(129,691)	129,691
Transfer of gain on FVOCI equity securities to unappropriated profit - net of tax		-	-	-	-	-	(2,943,317)	-	(2.943.317)	2.943,317
Balance as at September 30, 2024 (Un-audited) - restated	21,275,131	30,796,766	48,067,193	363,606	521,338	79,748,903	55,434,452	46,639,414	102,073,866	218,878,659	421,976,559
Profit after taxation for three months ended December 31, 2024										17,729,583	17,729,583
Effect of translation of net investment in foreign branches		(764,292)				(764,292)					(764,292)
Transfer of exchange loss translation reserves on closure of foreign branches from OCI Io the stalement of profit and loss account		1,654,329				1,654,329					1,654,329
Movement in surplus / (deficit) on revaluation of investments in debt instruments - net of tax Gain on sale of securities carried at FVOCI reclassified to the statement of profit and loss account - net	(1,159,685)							(1,159,685)		(1,159,665)
of tax							(1,179.854)		(1,179,854)		(1,179,854)
Movement in surplus / (deficit) on revaluation of investments in equity instruments - net of tax							16,372.222		16,372,222		16,372,222
Remeasurement gain on defined benefit obligations - net of tax										431.287	431,287
Movement in surplus / (deficit) on revaluation of property and equipment - net of tax								1,710,846	1,710,846		1,710,846
Movement in surplus / (deficit) on revaluation of non-banking assets - net of tax								180,451	180,451		t80,451
Total other comprehensive income - net of tax		890,037				890,037	14,032,683	1,891,297	15,923,980	18,160,870	34,974,887
Transfer to statutory reserve			1.772,958			1,772,958				(1,772,958)
Transfer from surplus on revaluation of assets to unappropriated profit - net of tax								(33,059)	(33,059)	33,059
Transfer of gain on FVOCI equity securities to unappropriated profit - net of tax							237,638		237,638	(237,638)
Balance as at December 31, 2024 (Audited)	21,275,131	31,686,803	49,840,151	363,606	521,338	82,411,898	69,704,773	48,497,652	118,202,425	235,061,992	456,951,646
Balance carried forward	21,275,131	31,686,803	49,B40,151	363,606	521,338	82,411,898	69,704,773	48,497,652	118,202,425	236,061,992	456,951,446

-• ••••••••••••••••••••••••••••••••••••••••••••••••••••-•••••••••••••••••••••••••••••••••••••• •••• (EU eel i n • ••••••••••••••••••••••••••••••••••••••••••••••-•-••••••••••••••••••••-••••••••••••••••••••••••••••••

Gain on sale of securities carried at FVOCI reclassified to the statement of profit and loss account - net

Sh0r6 capital

Capital reserves

Revenue reserves

Surplus / (deficit) on revaluation of

Unappro• priated P^ *!

Exchange translation reserve

Statutory reserve

Merger reserve

General reserve

Total

Invest-

ments

Property and equipment I Non banking assets

Total

.••••..........•••..........••................................ ...... .... ._......... (RUpggg iW 'ggg) ....... ........................................................••••.•. ••••••••••••••••••••••

Balance brought forward	21,275,131		31,686,803	49,840.151	363,606	521,338	82,411,898	69,704,773	48,497,652	118,202,425	235,061,992	456,951,446
Impact of adoption of IFRS 9 - net of tax								1,140,119		1,140,119	422,049	1,562,168
Balance as at January 01, 2025 - restated	21,275,131		31,686,803	49,840,151	363,606	521,338	82,411,898	70,844,892	48,497,652	119,342,564	235,484,041	458,513,614
Profit after taxation for the nine months ended September 30, 2025											66,634,094	66,634,094
EPect of translation of net inveslment in foreign branches			1,182,341				1,182,S41					1,182,341
Movement in surplus/ (deficit) on revaluation of investments in debt instruments - net of tax								3,399,916		3,399,916		3,399,916

of tax								(2,608,249)		(2,608,249)
Movement in surplus / (deficit) on revaluation of investments in equity instruments - net of tax								4,237,240		4,237,240		4,237,240
Remeasurement loss on defined benefit obligations - net of tax											(703,015)	(703,015)
Movement in surplus / (deficit) on revaluation of property and equipment - net of tax									222,640	222,640		222.640
Movement in surplus / (deficit) on revaluation of non-banking assets - net of tax									(8,526)	(g,026)		(8,526
Total other comprahensive income - net of tax			1,182,341				1,182,341	5,028,907	214,114	5,243,021	65,931,079	72,306,441
Transfer to statutory reserve				6,663,409			6,663,409				(6,663,409)
Transfer from surplus on revaluation of assets to
unappropriated profit - net of tax									(134,723)	(134,723)	134,723
Transfer of gain on FVOCI equity securities to unappropriated profit - net of tax								(6,709,969)		(6,709,969)	6,709,969
Transactions with owners, recorded directly in equity
Final cash dividend - Rs. 8.00 per share declared subsequent to the year ended December 31, 2024			-	-	-	-	-	-	-	-	(17,020,104)	(17,020,104)
Balance as at September 30, 2025 (Un-audited)		21,275,131	32,869,144	56,503,560	363,606	521,338	90,257,648	69,163,830	48,077,043	117,740,873	284,576,299	613,849.951

Gain on sale of securities carried at FVOCI reclassified to the statement of profit and loss account - net

ul Rahi

P I Divisional Head

ul W

Sethi

NATIONAL BANK OF PAKISTAN

UNCONSOLIDATED CONDENSED INTERIM CASH FLOW STATEMENT (UN-AUDITED) FOR THE NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2025

CASH FLOWS FROM OPERATING ACTIVITIES

Nine months ended September 30, September 30,

2025 2024

(Restated)

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

Profit before taxation Less: dividend income

Adjustments:

Net mark-up / interest income Depreciation on property and equipment Depreciation on right-of-use assets Amortisation

Credit loss allowance / provisions and write offs / (reversal of provisions / credit loss allowance) - net

Gain on sale of property and equipment Financial charges on leased assets Financial charges on right-of-use-assets Modification (gain) / loss

Unrealised gain on revaluation of investments classified as FVTPL Charge for defined benefit plans - net

(Increase) / decrease in operating assets Lendings to financial institutions

Securities classified as FVTPL Advances

Other assets (excluding advance taxation and mark-up receivable)

Increase / (decrease) in operating liabilities Bills payable

Borrowings from financial institutions

Deposits

Other liabilities (excluding current taxation and mark-up payable)

Mark-up / interest received Mark-up / interest paid Income tax paid / adjusted Benefits paid

Net cash generated from operating activities

CASH FLOWS FROM INVESTING ACTIVITIES

Net investments in securities classified as FVOCI

Net investments in securities carried at amortised cost Dividends received

Investments in property and equipment Proceeds from sale of property and equipment

Effect of translation of net investment in foreign branches Net cash used in investing activities

CASH FLOWS FROM FINANCING ACTIVITIES

Payments of lease obligations against right-of-use assets

Dividend paid

Net cash used in financing activities

Net (Decrease) / increase in cash and cash equivalents Cash and cash equivalents at beginning of the period

Effects of exchange rate changes on cash and cash equivalents

Expected credit loss allowance on cash and cash equivalent - net

142,771,580

(3,926,870)

138,844,710

(191,285,206)

3,097,321

1,431,874

492,420

(119,850

118,088

904,943

(101,736,

(4,081,864

12,635,240

(176,014,071

(37,169,361)

(64,196,534)

8,033,141

143,095,971

(27,991,117)

58,941,461

(8,307,489)

(390,332,603)

392,765,636

32,358,159

26,483,703

621,524,473

(611,775,786)

(79,110,240)

(6,946,364)

71,947,887

42,456,841

(111,210,989)

3,926,870

(8,101,711)

220,335

2,088,460

(70,620,194)

(1,981,326)

(16,957,613)

(18,938,839)

(17,611,146

376,697,619

2,186,345

378,883,864

11,033

20,707,931

(4,120,528)

16,587,403

(108,986,521)

1,831, 210

1,519,724

441,332

(266,705)

(1,859

164,571

713,221

89,207

(2, 038,862)

61,264,100

(45,270,582)

(28,683,179)

(292,172,285)

(32,472,802)

119,982,263

7,602,706

(197,060,118)

(50,148,637)

47,812,564

427,086,180

24,998,885

449,748,992

844,731,813

(758,703,249)

(22,073,207)

(19,692,493)

268,268,559

(254,000,295)

44,287,501

4,120,528

(3,618,182)

24,366

(146,046)

(209,332,128)

(2,086,385)

(541)

(2, 086,926)

56,849,505

287,102,274

11,459,953

298,562.227

110

Cash and cash equivalents at end of the period

Abdul Rah"

VP / Divisional Head

36 1 55 411 4

A I a thi

S V

17,752,634	26,060,123
1,544,668,733	1,937,756,922
4,256,471,755	3,865,212,297
9,937,043	8,585,682
38,667,721	40,995,264
338,324,034	411,337,824

NATIONAL BANK OF PAKISTAN CONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION
AS AT SEPTEMBER 30, 2025
	(Un-audited)	(Audited)
	September 30,	December 31,
	2025	2024
	- (Rupees	in '000) •
ASSETS
Cash and balances with treasury banks	361,596,603	314,787,387
Balances with other banks	19,874,022	58,644,846
Lendings to financial institutions	94,196,534	30,000,000
Investments	4,667,626,499	4,614,849,276
Advances	1,256,545,408	1,404,627,126
Property and equipment	66,403,616	62,231,233
Right-of-use assets	7,591,007	6,596,343
Intangible assets	2,981,406	2,577,003
Deferred tax assets Other assets	249,098,662	259,683,639
Total Assets	6,725,913,757	6,753,996,853
LIABILITIES
Bills payable
Borrowings
Deposits and other accounts
Lease liabilities
Deferred tax liabilities
Other liabilities
Total Liabilities	6,205,821,920	6,289,948,112
NET ASSETS	520,091,837	464,048,741
REPRESENTED BY
Share capital	21,275,131	21,275,131
Reserves	89,991,086	82,145,337
Surplus on revaluation of assets - net of tax	117,647,494	118,109,044
Unappropriated profit	289,133,986	241,120,418
Total equity attributable to the equity holders of the Bank	518,047,697	462,649,930

Subordinated debt

Non-controlling interest

Abdul Rahim Haroon EVP / Divisional Head

2,044,140

Chi

Sethi

al Officer

520,091,837

1,398,811

464,048,741

NATIONAL BANK OF PAKISTAN

CONSOLIDATED CONDENSED INTERIM PROFIT AND LOSS ACCOUNT (UN-AUDITED) FOR THE QUARTER AND NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2025

Ouarter ended Nine months ended September 30, September 30, September 30, September 30,

2025 2024 2025 2024

(Restated) (Restated)

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

Mark-up / return / interest earned Mark-up / return / interest expensed

Net mark-up / return / interest income

190,347,552 272,853,645 601,288,873 839,045,833

129,632,749 237,862,084 409,944,064 729,609,985

60,714,803 34,971,561 191,344,809 109,435,848

NON MARK-UP / INTEREST INCOME

Fee and commission income Dividend income

Foreign exchange income Income / (loss) from derivatives Gain on securities - net

Net loss on derecognition of financial assets measured at amortised cost Share of profit from joint venture - net of tax

Share of profit from associates - net of tax Other income

6,561,505

131,590

1,230,319

8,225,351

(327,636)

326,226

143,541

5,991,917

1,088,800

1,219,014

4,670,055

25,649

153,771

24,803,230

3,337,566

4,974,089

12,855,166

(983,087)

381,087

698,093

19,577,748

4,216,858

5,403,452

10,513,718

604,843

144,009

251,841

Total non-mark-up / interest income

16,290,896 13,149,206

46,066,144

40,712,469

Total income

NON MARK-UP / INTEREST EXPENSES

77,005,699 48, 120,767 237,410,953 150, 148,317

Operating expenses

30,915,097 30,620,163

92,066,517

83,019,399

Other charges

24,837 19,749

56,523 41,389

Total non-markup / interest expenses

30,939,934 30,639,912

92,123,040

83,060,788

Profit before credit loss allowance / provisions

Credit loss allowance / provisions and write offs / (reversal of provisions / credit loss allowance) - net

Extra ordinary / unusual items - Pension Expense PROFIT / (LOSS) BEFORE TAXATION

46,065,765 17,480,855 145,287,913

(3,863,390) 2,912,099 2,087,588

49,929,155 14,568,756 143,200,325

67,087,529

1,882,250

49,014,365

16,190,914

Taxation

PROFIT / (LOSS) AFTER TAXATION

Attributable to:

Equity holders of the Bank

26,672,368 1 1,478,212

23,256,787 3,090 544

23,026,295 2,953,708

76,865,421

66,334,904

65,689,575

12,159,931

4,030,983

3,653,194

Non-controlling interest

230,492 136,836 645,329 377,789

23,256,787 3,090 544 66,334,904 4,030,983

(Rupees) (Restated)

(Restated)

Basic and diluted earnings per share

Abdul Rahim Har on EVP / Divisional Head

_ 10.83

1.39 30.88 1.72

NATIONAL BANK OF PAKISTAN CONSOLIDATED CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UN-AUDITED) FOR THE NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2025

Share capital

Reserves

T "'

surplus / (Deficit) on revaluation of

Unappropriated profit

Sub Total

Non-Controlling Interest

Total

Exchange translation

Statutory

General

Investments

Property &

Equipment / Non- banking aasets

Total

21,275,131 37,306,859	47,250,622	521,338	85,078,819	- 16,558,734	(Rupees In '000-) 47,673,681	64,232,416	225,693,440	396,279,806	1,134,234	397.414,039
- -	-	-	-	(1,714,431)	-	(1,714,431)	(10288,506)	(12,002937)	-	(12002,937)
21,275,131 37,306,859	47,250,622	521,338	85,078,819	14,844,303	47,673,681	62,517,985	215,404,934	384,276,869	1,134,234	385,411,102
							3,653,194	3,653,194	377,789	4,030,983
- (6,510,093)	-	-	(6,510,093)	-			-	(6,510,093)	-	(6.510,093)
	-	-	-	44,107,939	-	44,107,939	-	44,107,939	- 44,107,939
	-	-	-	(1,774,080)	-	(1,774,080)	-	(1,774,080)	- (1,77 t,080)
-	-	-	-	1,267,922	-	1,267,922	-	1,287,922	- 1,267,922
- - - - - -	- - -	- - -					(882,786)	(882,786)	- (882,786
(6,510,093)		(6,510,093)		43,601,781	43,601,781		2,770,408	39,862,096	377,789	40,239,885
	913,616	913,616					(913,616)

Balance as at December 31, 2023 (Audited) Impact of adoption of IFRS 9 - net of tax Balance as at January 01, 2024 - reetatad

Profit after taxation for the nine months ended September 30, 2024 - restated EPect of translation of net investment In foreign branches

Movement in surplus on revaluation of investments in debt instruments - nat of tax

Gain on sale of securities carried at FVOCI reclassified to the statement of profit and loss account - net of tax

Movement In surplus on revaluation of investments in equity Instruments - net of tax

Remeasurement loss on defined beneFn obligations - net of tax

Movement in surplus on revaluation of property and equipmant - net of tax Movement in surplus on revaluation of non-banking assets - net of tax Exchange translatlon reserve transferred to P&L

Total other comprehensive income - net of tax

Transfer to statutory raserve

Transfer from surplus on revaluation of assets to unappropriated profit - net of tax

Transfer of gain on FVOCI equity securities to unappropriated profit - net of tax

(2,943,317)

(129.693) (129,693)

(2,943,317)

2,943,317

Balance as at September 30, 2024 (Un-audited) - restated

21,275,131 30,796,766 48,164,238 521,338 79,482,342 55,502,767 47,543,988 103,046,757 220,334,737 424,138,965

1,512,023 425,650,987

Profit after taxation for three months endad December 31, 2024 Effect of translation of net investment in foraign branches

Transfer of exchange loss translation reserves on closure of foreign branches from OCI to the statement of profit and loss account

Transfer of exchange gain translation reserves on disposal of joint ventura from OCI to consolidaled statement of profit and loss account

Movement In surplus on revaluation of investments in debt instruments - net of tax

Gain on sale of securities carried at FVOCI reclassified to the statement of profit and loss account - net of tax

Movement in surplus on revaluation of investments in equity instruments - net of tax

Remeasurement gain on defined benefit obligations - net of tax

Movement in surplus on revaluation of property and equipment - net of tax Movement in surplus on revaluation of non-banking assets - net of tax Total other comprehansive income - net of tax

Transfer to statutory reserve

Transfer from surplus on revaluation o( assets to unappropriatad profit - net of tax

Transfer of gain on FVOCI equity securities to unappropriatad profit - net of tax

890,037 -

16,064,319

431,287

806,266

180 451

16,064,319

431,287

806,266

180 451

-431,287

806,266

180451

806,266

180451

(1,013,475)

(1,179,854)

(1,013,475)

(1,179,854)

16,084,319

(1,179,854)

16,064,319

(1,013,475)

22,471,722

5,509,617

1,654,329

(6,273,909)

1,654,329

(6,273,909)

1,654,329

(6,273,909)

139,788

22,331,934

5,509,617

22,331,934

5,509,617

1,654,329

(6,273,909)

- 1,772,958

890,037 13,870,990

1,772,958

237,638

986,717 14,857.707

(33,057) (33,057)

237,638

22,763,221 38,510,965

(1,772,958)

33,057

(237,638)

139,788 38,650,753

Cash dividend paid / Profit Distribution by Subsidiaries											(253,000)	(253.000)
Balance aa at December 31, 2024 (Audited)	21,275,131	31,686,803	49,937,196	521,338	82,145,337	69,611,395	48,497,649	118,109,044	241,120,418	462,649,930	1,398,811	464,048,740
	21,275,131	31,686,803	49,937,196	521,338	82,145,337	69,611,395	48,497,649	118,109,044	241,120,418	462,649,930	1,398,811	464,048,740

- -

- - (R " M*In '000)

Balance brought forward

21,275,131

31,686,803

49,937,196

521,338

82,145,337

69,611,395

48,497,649

118,109,044

241,120,418

462,649,930

1,398,811

464,048,740

Balance as at January O1, 2025

21,275,131

31,686,803

49,937,196

521,338

82,145,337

69,611,395

48,497,649

118,109,044

241,t 20,418

462,649,930

1,398,811

464,048,741

Imapct of adoption of IFRS 9 - net of tax

1,140,119

422,049

1,562,168

Balance as at January 01, 2025 -reetatad

21,275,131

31,686,803

49,937,196

521,338

82,145,337

70,751,513

48,497,649

119,249,163

241,542,467

464,212,098

1,398,811

465,610,909

Profit after taxation for the nine months period anded September 30, 2025

65,689,575

60,689,575

645,329

66,334,904

Effect of translation of net investment in foreign branches

Movement in surplus I (deficit) on revaluation of Investments in debt instruments -net of tax

1,183,341

1,182,341

3,399,916

1,182,341

3,399,916

1,182,341

3,399,916

Gain on sale of securities carried at FVOCI reclassified to the statement of profit and loss account - net of tax

(2,608,249)

Movement in surplus / (deficit) on revaluation of investments in equity instruments - net of tax

4,237,240

Remeasurement galn / (loss) on defined benefn obligations - net of tax Movement in surplus on revaluation of property and equipment - net of tax Movement in surplus on revaluation of non-banking assets - net of tax

(8,526)

(703,015)

(8,526)

Total other comprehensive income / (loss) - net of tax

1,182,341

5,028,907

214,117

5,243,024

o4 zs,sOo

z‹,4‹1,Oas

sas,32o

zz,osz,zsa

5h8£8

capital

Reserves

surplus /tDefic‹t) on revaluation of

Unappropriated profit

Sub Total

Non• Controlling Interest

Total

Exchange

translatlon

Statutory reserve

General raaerve

Property &

Equipment / Non- banklng

Total

Transfer to statutory reserve

Transfer from surplus on revaluation of assets to unappropriated profit - net of tax

Transfer of gain on FVOCI equity securities to unappropriated profit - net of tax

(6,663409)

134,724

Transactions with owners, recorded directly In equity

Final cash dividend - Rs. 8.00 per share declared subsequent to the year ended

December 31, 2024 by the bank - ....

Cash dividend paid / profit distribution by subsidiaries - - - - -

- - (17,020,104) (17,020,104) • (17,020,104)

- - (556,221) (556,221) - (556,221)

Balance as at September 30, 2025

21.275,131 32,869,144 56,600,605 521,338 89,991,086 69,070,452 48,577,042 117,647,494 289,133,986 518,047,697 2,044,140 520,091,837

bdul Rahim Ha oon

VP / Divisional Head

NATIONAL BANK OF PAKISTAN

CONSOLIDATED CONDENSED INTERIM CASH FLOW STATEMENT (UN-AUDITED)

FOR THE NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2025

CASH FLOWS FROM OPERATING ACTIVITIES

Nine months ended September 30, September 30,

2025 2024

(Restated)

- (Rupees in '000)

(191,344,809)	(109,435,848
3,204,187	1,932,448
1,559,997	1,634,549
516,574	473,155
2,076,555	1,882,140
(129,308)	(11,000)
151,Z58	194,039
1,087,895	758,843
(101,735)	89,207
(4,194,961)	(2,085,267
12,635,240	61,264,100
	(604,843
(381,087	(144,009

Profit before taxation

143,200,325

16,190,914

Less: dividend income (3,337,566) (4,216,858)

Adjustments:

Net mark-up / interest income Depreciation on property and equipment Depreciation on right of use assets AmoAisation

Credit loss allowance / provisions and write offs / (reversal of provisions / credit loss

allowance) - net

Gain on sale of Property and equipment Financial charges on leased assets Finance charges on right-of-use assets Modification (gain) / loss

Unrealised gain on revaluation of investments classified as FVTPL Charge for defined benefit plans - net

(64,196,534)	(292,170,285
8,033,141	(32,933,980
143,095,971	120,070,387
(17,852,365	J1,304,088

Share of (profit) from joint venture - net of tax Share of (profit) / loss from associates - net of tax

139,862,759 11,974,056

(174,920,194) (44.052,486)

(35,057,435)

(32,078,430)

(Increase) I decrease in operating assets

Lendings to financial institutions

Securities classlfied as FVTPL

Advances

Other assets (excluding advance taxation and mark-up receivablej

69,080,213

(193,729,790)

Increase/ (decrease) in operating liabilities

Bills payable

(8,307,489j

(50,148,637

Borrowings from financial institutions

(390,332,503)

47,812,564

Deposits

392,765,536

427,640,817

Other liabilities (excluding current taxation and mark-up payable)

24,378,359

25,271,671

18,503,903

450,576,415

Mark-up / Interest received

615,670,637

845,044,969

Mark-up / Interest paid

(510,386,258)

(758,582.951)

Income tax paid / adjusted

(79,110,240)

(22,830,501)

Benefits paid (6,946,364) (19,692,493)

Net cash flows generated from operating activities

71,754,456

268,707,219

CASH FLOWS FROM INVESTING ACTIVITIES

Net Investments in securities classified as FVOCI

42,456,841

(253,987,233)

Net investments in securities carried at amortised cost

(111,210,989)

42,298,484

Dividends received

3,051,925

4,216,858

Investments in Property and equipment

(8,101,711)

(2,009,008)

Proceeds from sale of Property and equipment

2' 0,386

53,497

Effect of translation of net investment in foreign branches 2,088,460 427,992

Net cash used in investing activities

(71,495,139)

(206,999,410)

CASH FLOWS FROM FINANCING ACTIVITIES

Payments of lease obligations against right-of-use assets

(2,394,113)

(2,273,323)

Dividend paid

Net cash used In financlng activities

(J7,0B2,159)

(19,476,272)

(541)

(2,273,864)

Net (decrease) / Increase In cash and cash equivalents

(19,216,955)

57,433,945

Cash and cash equivalents at beginning of the period

288,218,680

Effects of exchange rate changes on cash and cash equivalents 2,186,345 11,459,953

381,245,578 299,676,633

Expected credit loss allowance on cash and cash equivalent - net Cash and cash equivalents at end of the period

11,033 110

362,039.656 357.112,688

Chie Fi

Company analysis

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