Financial Analysis

MCB

Profit & Loss | Actual | Pro forma |

| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |

| | | | | | |

Mark up /return/profit/interest earned | 51,616,007 | 54,821,296 | 68,146,588 | 68,356,191 | 65,064,123 | 63,600,180 |

Mark up /return/profit/interest expensed | 15,841,463 | 17,987,767 | 23,620,274 | 27,500,019 | 27,195,894 | 22,896,064 |

Net markup/profit/interest income | 35,774,544 | 36,833,529 | 44,526,314 | 40,856,172 | 37,868,229 | 40,704,116 |

| | | | | | |

Provision against loans and advances | 5,796,527 | 3,100,594 | 2,846,523 | 480,903 | -2,828,783 | -2,592,004 |

charge against off balance sheet obligations |   | - |   | - | - |   |

Reversal against diminution in the value of investments | 1,484,218 | 444,476 | 778,526 | 3,044 | -6,834 | -320259 |

bad debt written off directly | 41,576 | 52,047 | 28565 | - | 206 | -16297 |

| 7,322,321 | 3,597,117 | 3,653,614 | 478,065 | -2,835,617 | -2921414 |

Net markup/profit/interest income after provisions | 28,452,223 | 33,236,412 | 40,872,700 | 40,378,107 | 40,703,846 | 43,625,530 |

Non mark up interest income | | | | | | |

Fee, commission and brokerage income | 3,331,856 | 4,129,540 | 4,921,383 | 5,934,472 | 6,741,404 | 5768069 |

Dividend income | 459,741 | 543,906 | 1,003,272 | 1,197,615 | 932,717 | 939605 |

Share of profit of associates and joint venture | - | - |   | - |   | - |

Income on gain of investments | - | - |   | - |   | - |

Income from dealing in foreign currencies | 341,402 | 632,346 | 921,262 | 822,856 | 916,572 | 829456 |

Gain on sale of securities | 773,768 | 411,834 | 735,639 | 824,539 | 2,130,341 | 1065861 |

Unrealized(loss) /gain on held for trading securities | - | - | - | - | - | - |

Other income | 736,118 | 547,680 | 530,635 | 373,849 | 449,604 | 676211 |

Total Non-mark up/Interest income | 5,642,885 | 6,265,306 | 8,112,191 | 9,153,331 | 11,170,638 | 9279201 |

| 34,095,108 | 39,501,718 | 48,984,891 | 49,531,438 |...