samba bank pakistan ratio analysis

8/12/2019 Samba Bank Pakistan ratio analysis.

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SAMBA BANK BALANCE SHEET

A Finances 2013 2012

Loans, Cash Credits and Running Finances 14,578,406 14,864,882

Net Investment in Finance Lease 393,930 397,759

Bills discounted 426,156 128,804

Total Advances 15,398,492 15,391,444

TFCs/PTCs/CPs/Pref.Shares - Net - -Total Finances: 15,398,492 15,391,444

B Other Earning Assets:

Deposits with Banks 98,269 2,289,653

Lending to Financial Institutions 490,420 2,777,162

Investments

Government Securities 23,884,213 8,758,855

Equity Investments 136,013 136,102

24,020,226 8,894,957

Other Earning Assets 24,608,915 13,961,772

C Total Earning Assets (A+B) 40,007,407 29,353,216

D Fixed Assets 843,744 832,375

E Non-Earning Assets

Cash and Bank Balances 1,963,120 2,052,832

Deferred Tax 1,479,553 1,409,372

Others 1,237,962 1,152,710

Net Non-Performing Advances

Non-performing Advances 2,384,630 2,451,481

Less:

Accumulated Provision (Prudential/Specific) 2,330,923 2,393,465

Accumulated Provision (General) 4,263 4,694

2,335,186 2,398,159

49,444 53,322

Non-Earning Assets 4,730,079 4,668,236

F TOTAL ASSETS 45,581,230 34,853,827

G Customer Deposits

Demand 5,903,977 5,503,151

Savings 6,935,491 6,346,273

Time 8,354,722 10,904,220

Deposits 21,194,190 22,753,644

H Borrowings:


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SBP Export Refinance 2,294,431 2,477,466

Financial Institutions 10,226,379 -

Sun-ordinated Loan - TFCs/Sponsors - -

Borrowings 12,520,810 2,477,466

I Other Liabilities (non-interest bearing)

Deferred Tax liability - -

Dividend Payable - -Bills Payable 865,175 250,709

Others 900,766 856,135

Other Non-Interest Bearing Liabilities 1,765,941 1,106,844

J EQUITY

Share Capital 14,334,734 14,334,734

Reserves:

Statutory Reserve 138,098 129,626

Capital Reserve 20,935 20,935

Contingency Reserve - -Reserve for Bonus Shares 1,613,502 -

Revenue Reserve - -

Un-appropriated Profit (5,977,753) (6,011,639)

Equity 10,129,516 8,473,656

K Surplus/Deficit on Revaluation

Revaluation of Investments (29,227) 42,227

Revaluation of Fixed Assets - -

Surplus/Deficit on Revaluation (29,227) 42,227

L Total Liabilities and Equity 45,581,230 34,853,837

M Contingent Liabilities

Trade Related 5,328,524 4,712,774

Guarantees 2,400,443 2,301,167


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4/22

2,436,445 1,176,270

1,559,587 5,358,724

-

3,996,032 6,534,994

- -

- -529,005 115,759

954,371 1,062,883

1,483,376 1,178,642

14,334,734 14,334,734

69,448 22,145

20,935 20,935

- -- -

- -

(6,252,347) (6,441,559)

8,172,770 7,936,255

9,497 (10,577)

- -

9,497 (10,577)

31,330,972 30,511,120

4,171,259 184,583

447,096 216,918


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6/22

c. Income for dealing in Foreign Currencies 15,827

d. (Loss)/Gain on Sale of Investments (1,166)

e. Others 192

39,901

TOTAL NET REVENUE 372,951

Other Income/ (Loss) 1,998

374,949

NON INTEREST/ MARK UP EXPENSES

a. Personnel Expenses 377,586

b. Other Non-Interest Mark up Expenses -

377,586

PRE-PROVISION OPERATING PROFIT (2,638)

PROVISIONS

a. Provision for Loan Losses/ Write offs

i. Specific Provision (15,366)ii. General Provision -

iii. Bad Debts directly written off 383

b. Provision for Diminution in Investments -

Total (14,982)

Pre Tax Profit 12,345

Taxes (1,775)

NET INCOME 14,119


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2011 2010

17,697,032 14,160,908

471,753 491,583

206,120 94,830

175,362 46,608

30,758 48,222

18,374,905 14,747,321

2,619,410 2,711,299

2,522,777 2,603,487

67,250 90,378

29,383 17,435

8,807,473 10,640,319

816,632 432,178- 10,000

9,624,105 11,082,497

248,555 254,608

9,872,660 11,337,105

97.48% 97.75%

2.52% 2.25%

234,676 240,729

15,629 15,471

228,768 235,323

15,236 15,124

5,908 5,406

393 347


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SAMBA BANK INCOME STATEMENT

Rs '000 Rs '000 Rs'000

2013 2012 2,011

1 Interest/Mark up Earned 2,355,700 3,054,034 3,352,186

2 Interest/Mark up Expensed 1,356,550 1,721,825 1,943,845

3 NET INTEREST/MARK UP REVENUE (NIMR) 999,150 1,332,209 1,408,341

4 Other Operating Income

a. Fees, Commission, Brokerage 72,876 73,851 63,726

b. Dividend Income 2,268 1,379 2,453

c. Income for dealing in Foreign Currencies 47,480 38,235 18,749

d. (Loss)/Gain on Sale of Investments (3,499) 37,023 20,114

e. Others 577 9 0

119,702 150,497 105,042

5 TOTAL NET REVENUE 1,118,852 1,482,706 1,513,383

6 Other Income/ (Loss) 5,994 4,008 47,355

1,124,846 1,486,714 1,560,738

7 NON INTEREST/ MARK UP EXPENSES

a. Personnel Expenses 1,132,759 1,458,244 1,397,432

b. Other Non-Interest Mark up Expenses - 1,146 37

1,132,759 1,459,390 1,397,469

8 PRE-PROVISION OPERATING PROFIT (7,913) 27,324 163,269

9 PROVISIONS

a. Provision for Loan Losses/ Write offs

i. Specific Provision (46,097) (79,901) (27,966)

ii. General Provision (6,706) (16,701)

iii. Bad Debts directly written off 1,150 (50,103) 7,042

b. Provision for Diminution in Investments - - 0

Total (44,947) (136,710) (37,625)

10 Pre Tax Profit 37,034 164,034 200,894

11 Taxes (5,324) (136,852) (35,621)

12 NET INCOME 42,358 300,886 236,515

13 Unappropriated Profit/(Loss) Bought Forward (6,011,639) (6,252,347) (6,441,559)

14 Adjustments - -

15 Appropriations

a. Statutory Reserve (8,472) (60,178) (47,303)

b. Capital Reserve - - -

c. Revenue Reserve - - -

d. Contigency Reserve - - -

e. Reserve for Bonus Shares (1,613,502) -

f. Dividend - - -

Total (1,621,974) (60,178) (47,303)


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16 Unappropriated Profit/(Loss) Carried Forward (5,977,753) (6,011,639) (6,252,347)


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Rs'000

2,010 Projected 2013

2,384,653 2,405,473 -21%

1,350,320 1,399,360 -19%

1,034,333 1,006,113

73,829 97,168

22,492 3,024

58,960 63,307

21,952 (4,665)

0 769

177,233 159,603

1,211,566 1,491,803

144,010 7,992

1,355,576 1,499,795

1,456,873 1,510,345

5,434 -

1,462,307 1,510,345

(106,731) (10,551)

56,424 -61,463

(47,131) 0

2,478 1,533

11,794 0

23,565 -59,929

(130,296) 49,379

(10,702) (7,099)

(119,594) 56,477

(3,929,320)

-

-

-

-

-

(2,189,440)

-

(2,189,440)


11/22

(6,238,354)


12/22

SAMBA BANK RATIO ANALYSIS

2013

A PERFORMANCE

1. ROE 0.56%

2. ROA 0.12%

3. Pre-Provision Operating Profit/Avg. Equity -0.10%

4. Pre- Provision Operating Profit/Avg Assets -0.02%5. Personnel Expenses/Total Net Revenue 101.24%

6. Cost to Total Net Revenue 101.24%

7. Other Operating Income/ Total Net Revenue 10.70%

8. Taxes/Pre tax Profit -14.38%

9. Net Non Earning Assets/ Assets net of Non- Interest Liabilities

B CAPITAL ADEQUACY

1. Equity/ Total Assets 22.22%

2. Adjusted Equity (including revaluation impact)/ Total Assets 22.16%

3. Revaluation Surplus (Deficit)/ Adjusted Equity -0.29%

4. Capital Adequacy Ratio as per SBP 53.80%

C LIQUIDITY

1. Liquid Assets/Deposits and Borrowings 78.81%

2. Finances/ Deposits and Borrowings 45.67%

3. Finances/Deposits 72.65%

4. Demand Deposits/Total Deposits 27.86%

5. Export Refinance/ Advances 14.90%

6. Finances (net of Export Refinance)/ Deposits 61.83%

7. Government Securities/Total Assets 52.40%

8. Finances/Total Assets 33.78%

9. Lending to Financial Institutions/Borrwowings from Fis 4.80%

D LOAN LOSS COVERAGE

1. Impaired Lending/Gross Finances 11.82%

2. Loan Loss provisions/Impaired Lending 97.93%

3. Net Impaired Lending/Equity 0.488%

4. Net Impaired Lending/Adjusted Equity 0.490%

E INTERMEDIATION EFFICIENCY

1. NIMR (Net Interest/Mark-up Revenue)/Avg. Assets 2.50%

2. Asset Yield [Interest Earned/Average (Earning Assets - Equity Inv) 6.03%

3. Cost of Funds [Interest expensed/Average (Deposits+Borrowings) 5.03%

4. Spread 1.00%

GROWTH

F Total Assets 30.78%

Gross Finances -0.34%

Impaired Lending -2.73%

Investments 170.04%

Customer Deposits -6.85%

Equity 19.54%


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G OTHERS

1. No. of branches 28

2. Staff Strength


14/22

2012 2011 2010

3.55% 2.89% -1.51%

0.86% 0.75% -0.39%

0.32% 2.00% -1.34%

0.08% 0.52% -0.35%98.35% 92.34% 120.25%

98.43% 92.34% 120.70%

10.15% 6.94% 14.63%

-83.43% -17.73% 8.21%

24.31% 26.09% 26.01%

24.43% 26.12% 25.98%

0.50% 0.12% -0.13%

43.92% 43.41% 52.61%

63.47% 55.29% 69.68% 78.81%

61.00% 72.77% 56.27%

67.64% 89.23% 81.00%

24.19% 24.88% 29.15%

16.10% 15.46% 9.77%

56.76% 75.44% 73.09%

25.13% 30.04% 35.50%

44.16% 50.32% 39.48%

#DIV/0! 51.52% 25.92%

12.08% 12.48% 15.53%

97.82% 97.10% 96.25%

0.629% 0.928% 1.282%

0.626% 0.927% 1.284%

4.03% 4.55% 6.78%

10.45% 12.87% 9.37%

8.73% 11.26% 7.91%

1.73% 1.62% 1.46%

11.24% 2.69% #DIV/0!

-2.95% 24.58% #DIV/0!

-6.41% -3.39% #DIV/0!

-7.86% -12.88% #DIV/0!

28.78% 18.81% #DIV/0!

3.68% 2.98% #DIV/0!


15/22

28 28 28

732 760 810


16/22

SAMBA BANK BALANCE SHEET

2013 2012

A Finances

Loans, Cash Credits and Running Finances -1.93% -2.04%

Net Investment in Finance Lease -0.96% -1.67%

Bills discounted 230.86% -27.12%

Total Advances 0.05% -2.31%TFCs/PTCs/CPs/Pref.Shares - Net

Total Finances: 0.05% -2.37%

B Other Earning Assets:

Deposits with Banks -95.71% 3755.67%

Lending to Financial Institutions -82.34% 245.65%

Investments

Government Securities 172.69% -6.93%

Equity Investments -0.07% -44.00%

Other Earning Assets 76.26% 32.76%

C Total Earning Assets (A+B) 36.30% 11.69%

D Fixed Assets 1.37% -7.88%

E Non-Earning Assets

Cash and Bank Balances -4.37% 40.29%Deferred Tax 4.98% -1.86%

Others 7.40% -1.49%

Net Non-Performing Advances

Non-performing Advances -2.73% -6.41%

Less:

Accumulated Provision (Prudential/Specific) -2.61% -5.48%

Accumulated Provision (General) -9.18% -58.82%

Non-Earning Assets 1.32% 12.61%

F TOTAL ASSETS 30.78% 11.24%

G Customer Deposits

Demand 7.28% 25.18%

Savings 9.28% 32.50%

Time -23.38% 28.53%

Deposits -6.85% 28.78%


17/22

H Borrowings:

SBP Export Refinance 405.39% -38.00%

Financial Institutions

Sun-ordinated Loan - TFCs/Sponsors

Borrowings 405.39% -38.00%

I Other Liabilities (non-interest bearing)Deferred Tax liability

Dividend Payable

Bills Payable 245.09% -52.61%

Others 5.21% -10.29%

Other Non-Interest Bearing Liabilities 59.55% -25.38%

J EQUITY

Share Capital 0 0

Reserves:

Statutory Reserve 6.54% 86.65%

Capital Reserve 0 0

Contingency Reserve

Reserve for Bonus Shares

Revenue Reserve

Un-appropriated Profit -0.56% -3.85%

Equity

K Surplus/Deficit on Revaluation

Revaluation of Investments -169.21% 344.64%

Revaluation of Fixed AssetsSurplus/Deficit on Revaluation -169.21% 344.64%

L Total Liabilities and Equity 30.78% 11.24%

M Contingent Liabilities

Trade Related 13.07% 12.98%

Guarantees 4.31% 414.69%


18/22

Composition as of assets

2011 2013 2012 2011 2010

31.29% 31.98% 42.65% 48.43% 37.88%

0.82% 0.86% 1.14% 1.29% 1.31%

128.36% 0.93% 0.37% 0.56% 0.25%

30.90% 33.78% 44.16% 50.29% 39.45%0.03% 0.03%

30.88% 33.78% 44.16% 50.32% 39.48%

-95.03% 0.22% 6.57% 0.19% 3.92%

-42.16% 1.08% 7.97% 2.56% 4.55%

-13.12% 52.40% 25.13% 30.04% 35.50%

-2.34% 0.30% 0.39% 0.78% 0.82%

-23.05% 53.99% 40.06% 33.57% 44.79%

2.22% 87.77% 84.22% 83.88% 84.27%

-9.77% 1.85% 2.39% 2.88% 3.28%

17.06% 4.31% 5.89% 4.67% 4.10%-10.32% 3.25% 4.04% 4.58% 5.25%

38.55% 2.72% 3.31% 3.73% 2.77%

-3.39% 5.23% 7.03% 8.36% 8.89%

-1.91% 5.11% 6.87% 8.08% 8.46%

-59.43% 0.01% 0.01% 0.04% 0.09%

0.11% 0.15% 0.24% 0.33%

9.15% 10.38% 13.39% 13.23% 12.45%

2.69% 100.00% 100.00% 100.00% 100.00%

1.40%

13.55%

34.27%

18.81%


19/22

-38.85%

-38.85%

356.99%

-10.21%

25.85%

0

213.61%

0

-2.94%

-189.79%

-189.79%

2.69%

2159.83%

106.11%


20/22

Ratios

ROE (NI-Capital gain/equity) ALL INVESTMENT INCOME

Interest Revenue/ finances+deposits with banks+FI lending+govt securities

Interest Expense/Interest Bearing liabilities

Spread

Other Operating Income-Fee, Commission, Brokerage/Investment-govt securities


21/22

2013 2012 2011 2010

-0.06% 2.65% 2.39% -2.81%

6.03% 10.45% 12.87% 9.37%

5.03% 8.73% 11.26% 7.91%

1.00% 1.73% 1.62% 1.46%

45.90% 56.32% 17.00% 41.55%


22/22

2013 2012 2011 2010

Risk weighted assets:

Credit risk: 15,219,281 12,255,938

Market Risk: 1,337,493 1,021,625

Operational risk: 2,273,519 1,813,125

TOTAL 18,830,293 15,090,688

samba bank pakistan ratio analysis

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