APPENDIX

Common Size Analysis of Profit & Loss Account [Total Operating Income as the Base]

Year ended

2012
Amount

Total operating income

24,475,344,604

2011
Weighted
Amount
Amount
100 20,000,078,858

2010
Weighted
Amount
Amount
100 15,657,014,026

Weighted
Amount
100

Operating expenses
Salary & allowances

5,951,305,071

24.32

4,646,993,224

23.23

4,285,461,029

27.37

Rent, taxes, insurances, electricity etc.

652,494,766

2.67

503,637,923

2.52

416,787,433

2.66

Legal expenses

13,479,293

0.06

15,257,288

0.08

12,793,807

0.08

Postage, stamps and telecommunication etc.

111,417,653

0.46

94,161,200

0.47

85,909,537

0.55

Stationery, printing and advertisement etc.

267,547,822

1.09

198,119,152

0.99

148,458,980

0.95

Chief executive's salary & fees

5,280,000

0.02

5,280,000

0.03

5,280,000

0.03

Directors' fees & expenses

10,066,840

0.04

9,254,986

0.05

9,648,845

0.06

Shari'ah supervisory committee's fees & expenses

2,584,829

0.01

2,749,283

0.01

1,813,569

0.01

Auditors'fees

2,070,000

0.01

1,567,500

0.01

1,150,000

0.01

Charges on investment losses

0.00

0.00

0.00

Depreciation and repair to bank's assets

500,228,968

2.04

407,057,924

2.04

350,132,416

2.24

Zakat expenses

324,772,772

1.33

262,929,404

1.31

220,643,761

1.41

Other expenses

1,025,852,252

4.19

1,121,440,847

5.61

549,239,579

3.51

Total Operating Expenses

8,867,100,266

36.23

7,268,448,731

36.34

6,087,318,956

38.88

Profit/ (loss) before provision

15,608,244,338

63.77 12,731,630,127

63.66

9,569,695,070

61.12

Provision for investment & off balance sheet item

3,502,625,602

14.31

11.92

1,082,989,130

6.92

Provision for diminution in value of investments

0.00

2,384,314,796

0.00

0.00

in shares
Other provisions

9,441,066

0.04

Total provision

3,512,066,668

14.35

Total profit/(loss) before taxes

12,096,177,670

Provision for taxation for the period

0.00

32,000,000

0.20

2,384,314,796

11.92

1,114,989,130

7.12

49.42 10,347,315,331

51.74

8,454,705,940

54.00

0.00

0.00

0.00

Current tax

6,525,837,929

26.66

5,476,469,040

27.38

3,994,262,716

25.51

Deferred tax

45,900,000

0.19

29,400,000

0.15

-3,028,685

-0.02

5,524,439,741

22.57

4,841,446,291

24.21

4,463,471,909

28.51

Net profit/ (loss) after tax

Comparative Financial Statement Analysis for Year 2010 and year 2011
Consolidated Profit & Loss Account

Dec, 2010

Dec, 2011

Net Change

Percentage Change

Operating income
Investment income
Profit paid on mudaraba deposits
Net investment income

24,766,264,960
14,471,890,918
10,294,374,042

32,019,532,444
18,401,218,085
13,618,314,359

7,253,267,484
3,929,327,167
3,323,940,317

29.29
27.15
32.29

Income from investments in shares & securities

Commission, exchange & brokerage income
Other operating income

490,416,014
3,997,732,016
929,424,233
15,711,946,305

331,004,637
5,297,455,786
876,633,643
20,123,408,425

-159,411,377
1,299,723,770
-52,790,590
4,411,462,120

-32.51
32.51
-5.68
28.08

4,289,276,274
419,306,643
13,401,957
86,280,529
149,122,194
5,280,000
9,838,845

4,655,983,050
507,063,897
15,257,288
94,267,115
198,418,476
5,280,000
9,530,986

366,706,776
87,757,254
1,855,331
7,986,586
49,296,282
0
-307,859

8.55
20.93
13.84
9.26
33.06
0.00
-3.13

Total Operating Income

Operating expenses
Salary & allowances
Rent, taxes, insurances, electricity etc.
Legal expenses
Postage, stamps and telecommunication etc.
Stationery, printing and advertisement etc.
Chief executive's salary & fees
Directors' fees & expenses

Shari'ah supervisory committee's fees & expenses

Auditors'fees
charges on investment losses
Depreciation and repair to bank's assets
Zakat expenses
Other expenses

Total operating expenses

1,813,569
1,278,750

2,749,283
1,593,400

935,714
314,650

51.60
24.61

350,619,785
220,643,761
560,302,836
6,107,165,143

409,590,979
262,929,404
1,128,991,237
7,291,655,115

58,971,194
42,285,643
568,688,401
1,184,489,972

16.82
19.16
101.50
19.40

9,604,781,162
1,082,989,130

12,831,753,310
2,384,314,796
289,077,029

33.60
120.16
-100.00
139.77
19.65

Total provision
Total profit/(loss) before taxes

32,000,000
1,114,989,130
8,489,792,032

2,673,391,825
10,158,361,485

3,226,972,148
1,301,325,666
289,077,029
-32,000,000
1,558,402,695
1,668,569,453

Provision for taxation for the period

Current tax
Deferred tax

4,007,123,511
2,811,357

5,504,252,091
29,515,743

1,497,128,580
26,704,386

37.36
949.88

4,485,479,878
4,485,479,878
2,616,599,517

4,624,593,651
4,624,593,651
4,624,597,748
-4,097

139,113,773
139,113,773
2,007,998,231

3.10
3.10
76.74

4,485,479,878
4,485,479,878

2,624,924,708
4,624,597,748
7,249,522,456

139,117,870
2,764,042,578

3.10
61.62

4,485,479,878
1,690,941,188
177,938,721

7,249,522,456
2,069,463,066
430,484,615

2,764,042,578
378,521,878
252,545,894

61.62
22.39
141.93

Profit/ (loss) before provision

Provision for investments & off- balance sheet items
Provision for diminution in value of investments in shares
Other provisions

Net profit/ (loss) after tax

Net profit after tax attributable to:
Equity holders of IBBL
Non-controlling interest

Retained earnings from previous yar

Add: Net profit after tax (attributable to equity holders of IEBL)

Profit available for appropriation

Appropriation:
Statutory reserve
General reserve

Comparative Financial Statement Analysis for Year 2011 and year 2012
Dec, 2011

Dec, 2012

Net Change

Investment income
Profit paid on mudaraba deposits
Net investment income

32,019,532,444
18,401,218,085
13,618,314,359

43,672,225,941
25,870,425,237
17,801,800,744

11,652,693,497
7,469,207,152
4,183,486,385

36.39
40.59
30.72

Income from investments in shares & securities

Commission, exchange & brokerage income
Other operating income

331,004,637
5,297,455,786
876,633,643
20,123,408,425

484,361,836
5,260,647,661
1,122,169,884
24,668,980,125

153,357,199
-36,808,125
245,536,241
4,545,571,700

46.33
-0.69
28.01
22.59

4,655,983,050
507,063,897
15,257,288
94,267,115
198,418,476
5,280,000
9,530,986
2,749,283
1,593,400

5,961,421,881
655,576,460
13,479,293
111,528,843
267,730,060
5,280,000
10,066,840
2,584,829
2,168,000

1,305,438,831
148,512,563
-1,777,995
17,261,728
69,311,584
0
535,854
-164,454
574,600

28.04
29.29
-11.65
18.31
34.93
0.00
5.62
-5.98
36.06

409,590,979
262,929,404
1,128,991,237

504,441,086
324,772,772
1,029,710,622

94,850,107
61,843,368
-99,280,615

23.16
23.52
-8.79

Consolidated Profit & Loss Account

Percentage
Change

Operating income

Total Operating Income

Operating expenses
Salary & allowances
Rent, taxes, insurances, electricity etc.
Legal expenses
Postage, stamps and telecommunication etc.
Stationery, printing and advertisement etc.
Chief executive's salary & fees
Directors' fees & expenses
Shari'ah supervisory committee's fees & expenses
Auditors'fees
charges on investment losses
Depreciation and repair to bank's assets
Zakat expenses
Other expenses

Total operating expenses

Profit/ (loss) before provision
Provision for investments & off- balance sheet items
Provision for diminution in value of investments in shares
Other provisions

Total provision
Total profit/(loss) before taxes
Provision for taxation for the period
Current tax
Deferred tax

Net profit/ (loss) after tax

Net profit after tax attributable to:
Equity holders of IBBL
Non-controlling interest

Retained earnings from previous yar

Add: Net profit after tax (attributable to equity holders of IEBL)

Profit available for appropriation

Appropriation:
Statutory reserve
General reserve
Dividend
Retained earnings

Consolidated Earnings Per Share

7,291,655,115

8,888,760,686

1,597,105,571

21.90

12,831,753,310
2,384,314,796
289,077,029

2,948,466,129
1,118,310,806
-258,107,359
9,441,066
869,644,513
2,078,821,616

22.98
46.90
-89.29

2,673,391,825
10,158,361,485

15,780,219,439
3,502,625,602
30,969,670
9,441,066
3,543,036,338
12,237,183,101

5,504,252,091
29,515,743

6,514,464,832
45,964,788

1,010,212,741
16,449,045

18.35
55.73

4,624,593,651
4,624,593,651
4,624,597,748
-4,097

5,616,753,481
5,616,753,481
5,616,751,549
1,932

992,159,830
992,159,830
992,153,801
6,029

21.45
21.45
21.45
147.16

2,624,924,708
4,624,597,748
7,249,522,456

3,015,952,005
5,616,751,549
8,632,703,554

391,027,297
992,153,801
1,383,181,098

14.90
21.45
19.08

7,249,522,456
2,069,463,066
430,484,615
2,594,592,000
3,015,952,005

8,632,703,554
2,419,235,534
22,205,793
3,202,467,840
3,033,205,973

1,383,181,098
349,772,468
-408,278,822
607,875,840
17,253,968

19.08
16.90
-94.84
23.43
0.57

3.70

4.49

0.79

21.35

32.53
20.46