RETURN ON ASSETS:

Formula:
Net Profit/Total Assets *100
YEARS
ROA
2006
2007
2008
2009
2010

3.65%
3.98%
3.44%
3.06%
2.95%

ROA
4.50%
4.00%
3.50%
3.00%
2.50%
2.00%
1.50%
1.00%
0.50%
0.00%

ROA

2006

2007

2008

Return on Equity:
Formula:
Net Profit/Equity * 100
Years

ROE
2006
34.45%
2007
34.73%
2008
28.31%
2009
24.82%

2009

2010

2010

23.68%

ROE
40.00%
35.00%
30.00%

ROE

25.00%
20.00%
15.00%
10.00%
5.00%
0.00%
2006

2007

2008

2009

2010

Advances to Deposit Ratio:

Formula:
Advances/Deposits * 100
Years

ATD ratio
2006
77.07%
2007
74.96%
2008
79.48%
2009
68.89%
2010
59.02%

ATD ratio
90.00%
80.00%
70.00%
60.00%
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%

ATD ratio

2006

2007

2008

2009

2010

40.00%
30.00%
20.00%
10.00%
0.00%
2006

2007

2008

2009

2010

Equity to Assets Ratio:

Formula:
Equity/Total Assets * 100
Years

ETA Ratio
2006
10.60%
2007
11.46%
2008
12.15%
2009
12.33%
2010
12.48%

ETA Ratio
13.00%
12.50%
12.00%

ETA Ratio

11.50%
11.00%
10.50%
10.00%
9.50%
2006

2007

2008

2009

Deposits to Total Liabilities:

Formula:
Total Deposits/Total Liabilities * 100
Years

DTL Ratio
2006
85.44%
2007
82.19%
2008
85.74%
2009
83.65%

2010

2010

88.29%

DTL Ratio
89.00%
88.00%
87.00%
86.00%
85.00%
84.00%
83.00%
82.00%
81.00%
80.00%
79.00%

DTL Ratio

2006

2007

2008

2009

2010

Debt Ratio:
Formula:
Total Liabilities/Total Assets * 100
Years

Debt Ratio
2006
87.70%
2007
86.06%
2008
86.49%
2009
85.86%
2010
85.62%

Debt Ratio
88.00%
87.50%
87.00%

Debt Ratio

86.50%
86.00%
85.50%
85.00%
84.50%
2006

2007

2008

2009

2010

86.00%
85.50%
85.00%
84.50%
2006

2007

2008

2009

2010

Earning Per Share:

Formula:
Net Profit/Total no. of Equity Share
Years

EPS
2006
2007
2008
2009
2010

24.17
26.17
24.39
20.61
22.2

EPS
30
25
EPS

20
15
10
5
2006

2007

2008

Equity Ratio:
Formula:
Equity/Total Assets * 100
Years

Equity Ratio
2006
10.60%
2007
11.46%
2008
12.15%
2009
12.33%
2010
12.48%

2009

2010

Equity Ratio
13.00%
12.50%
12.00%

Equity Ratio

11.50%
11.00%
10.50%
10.00%
9.50%
2006

2007

2008

2009

2010

Assets Yield:
Formula:
Total Mark-up earned/Total Assets * 100
Years
2006
2007
2008
2009
2010

AY ratio
7.51%
7.69%
8.99%
10.08%
9.61%

AY ratio
12.00%
10.00%
AY ratio

8.00%
6.00%
4.00%
2.00%
0.00%
2006

2007

2008

2009

2010

Expense To Income Ratio:

Formula:
Total Expense/Total Income * 100
Years

ETI Ratio
2006
36.09%
2007
35.65%
2008
43.72%
2009
46.89%
2010
51.30%

ETI Ratio
60.00%
50.00%
ETI Ratio

40.00%
30.00%
20.00%
10.00%
0.00%
2006

2007

2008

2009

2010

VERTICAL ANALYSIS OF BALANCE SHEET

AS ON JUNE 30th ___________________
2010

2009

2008

2007

Assets
Cash and balances with treasury banks
Balances with other banks
Lendings to financial institutions
Investments-net
Advances-net
Operating fixed assets
Deferred tax assets-net
Other assets-net

55.30% 53.60% 65.90% 68.90%

1.90%
8.40%
6.80%
6.70%
5.30%
4.10%
6.80%
1.80%
263.10% 234.30% 162.60% 200.40%
310.40% 350.20% 436.50% 380.40%
25.70% 25.00% 28.80% 27.94%
0%
0%
0%
0%
33.80% 31.80% 32.97% 31.09%
695.70% 707.60% 740.51% 717.49%

Liabilities
Bills payable
12.50% 11.30% 17.54% 18.20%
Borrowings
31.30% 61.70% 37.69% 68.40%
Deposits and other accounts
525.90% 508.30% 549.19% 507.56%
Sub-ordinated loan
0%
0%
0%
0.83%
Liabilities against assets subject to finance lease
0%
4.42%
0%
0%
Deferred tax liabilities
6.27%
4.42%
0.73%
2.05%
Other liabilities
19.62% 21.82% 35.34% 20.35%
595.70% 607.60% 640.51% 617.49%
Net assets
100%
100%
100%
100%
Represented by:
Share capital
Reserves
Unappropriated profit
Minority interest
Surplus on revaluation of assets-net of tax

9.27%
48.90%
28.60%
86.80%
0.00%
86.80%
13.20%
100%

9.55%
53%
24.60%
87.30%
0.00%
87.30%
12.70%
100%

10.44%
61.10%
18.40%
90%
0.00%
90%
10%
100%

VERTICAL ANALYSIS OF PROFIT & LOSS ACCOUNT

FOR THE YEAR ENDED _______________________

10.91%
59.08%
12.25%
82.26%
0.00%
82.26%
17.74%
100%

2010

2009

2008

2007

100%
32.87%
67.10%

100%
30.67%
69.32%

100%
28.90%
71%

100%
24.72%
75%

0.81%
5.65%
0.09%
6.56%
Net mark-up/ interest income after provisions 60.56%

2.87%
11.22%
0.08%
14.18%
55.13%

6.70%
3.30%
0%
10.00%
61%

0.33%
9.30%
0.00%
9.64%
65.60%

6.70%
0.04%
0.66%
0.66%
1.56%

7.18%
0.05%
1.10%
1.80%
1.86%

8.70%
0.02%
1.68%
2.18%
4.74%

0.07%
1.36%
11.74%
72.30%

0.02% -24.80%
1.50%
3%
11.15% 14.80%
66.28% 75.80%

-0.01%
1.77%
19.10%
84.75%

22.48%
0.16%
1.80%
24.45%
0.49%
0%
48.30%
14.68%
0%
2.80%
0.05%
17.57%
30.70%
0.00%
30.77%
32.50%

19.82%
0.27%
1.34%
21.44%
0.38%
0%
45.23%
14.96%
-4.32%
4.24%
0.00%
14.88%
30.34%
0.00%
30.34%
21.43%

18.90%
0.03%
2.29%
21.20%
0.07%
0%
54.60%
18.40%
-2.10%
0.04%
0.06%
16.30%
38.20%
0.00%
38.20%
17.60%

15.80%
-0.01%
1.90%
17.70%
3.80%
0%
70.80%
20.30%
-4.07%
2.80%
0.04%
19.10%
46.10%
0.00%
51.70%
19.70%

0.04%
32.40%
63.32%

0.04%
21.48%
51.82%

0.05%
17.60%
55.90%

0.03%
19.70%
71.50%

Mark-up/ return/ interest earned

Mark-up/ return/ interest expensed
net mark-up/ interest income
Provision/ (reversal) of provision for
diminution in the value of investments
Provision against loans and advances
Bad debts written off directly

Non mark-up/ interest income

Fee, commission and brokerage income
Income earned as trustees to various funds
Dividend income
Income from dealing in foreign currencies
Gain on sale of securities-net
Unrealised gain on revaluation of
investments classified as 'held for trading'
Other income-net
Total non-mark-up/ interest income

7.50%
0.04%
0.82%
1.15%
0.74%

Non-mark-up/ interest expenses

Administrative expenses
Other provision/ (reversal)
Other charges
Total non-mark-up/ interest expenses
Share of profit from associated undertaking
Extra ordinary/ unusual item
Profit before taxation
Taxation - Current year
- Prior year
- Deferred
share of tax of associate
Profit after taxation
Profit attributable to minority interest
Profit attributable to ordinary shareholders
Unappropriated profit brought forward
Transfer from surplus on revaluation of fixed
assets-net of tax
Profit available for appropriation

2006

76.90%
15.70%
49.90%
152.70%
469.90%
21.50%
0.14%
26.10%
813.50%

16.80%
56.70%
609.60%
3.70%
0%
0%
26.40%
713.50%
100%

12.90%
58.40%
14.80%
86.30%
0.00%
86.30%
13.70%
100%

2006
100%
17.48%
82.50%
0.47%
3.93%
0.18%
4.85%
77.90%

9.01%
0.00%
2.89%
2.60%
2.30%
0%
2.20%
19.10%
97.10%

25.20%
0.04%
0.25%
25.50%
1.80%
0%
73.40%
22.10%
2.30%
0.23%
0.09%
24.70%
48.60%
0.00%
48.60%
20.70%
0.12%
20.80%
69.46%

MCB BANK
BALANCE SHEET
AS ON JUNE 30th ____________
2010

2009

2008

2007
(Rupees in 000)

Assets
Cash and balances with treasury banks
45,407,264
Balances with other banks
1,551,518
Lendings to financial institutions
4,401,781
Investments-net
###
Advances-net
###
Operating fixed assets
21,061,787
Deferred tax assets-net
(
-)
Other assets-net
27,746,198
###

38,774,871 39,631,219 39,683,883

6,077,354 4,106,526 3,867,591
3,000,000 4,100,079 1,051,372
### 97,790,391
###
###
###
###
18,099,010 17,320,485 16,082,781
(
- )(
- )(
-)
23,057,731 19,828,228 17,896,838
###
###
###

Liabilities
Bills payable
10,265,537
Borrowings
25,684,593
Deposits and other accounts
###
Sub-ordinated loan
(
-)
Liabilities against assets subject to
finance lease
(
-)
Deferred tax liabilities
5,146,733
Other liabilities
16,090,374
###
Net assets
81,999,127

8,201,090 10,551,468 10,479,058

44,662,088 22,663,840 39,406,831
###
###
###
(
-)
(
-)
479,232
(

-)
(
-)
(
-)
3,201,756
440,295 1,183,586
15,782,589 21,252,942 11,716,465
###
###
###
72,313,280 60,132,133 57,547,322

Represented by:
Share capital
Reserves
Unappropriated profit
Minority interest

7,602,150
40,164,526
23,458,429
71,225,105
2,698
71,227,803

6,911,045
38,387,656
17,821,670
63,120,371
71
63,120,442

6,282,768 6,282,768
36,772,321 34,000,927
11,065,723 7,054,472
54,120,812 47,338,167
69
63
54,120,881 47,338,230

Surplus on revaluation of assets-net

10,771,324 9,192,838 6,011,252 10,209,092
of tax
81,999,127 72,313,280 60,132,133 57,547,322

MCB BANK
PROFIT & LOSS ACCOUNT
FOR THE YEAR ENDED JUNE 30th_____________
2010

2009

2008

2007
(Rupees in 000)

Mark-up/ return/ interest earned

54,829,365 51,621,911 40,049,505 31,791,754
Mark-up/ return/ interest expensed 18,027,372 15,835,581 11,592,922 7,858,819
net mark-up/ interest income
36,801,993 35,786,330 28,456,583 23,932,935
Provision/ (reversal) of provision for
diminution in the value of
investments
444,476 1,484,218 2,683,994
105,269
Provision against loans and advances 3,100,594 5,796,527 1,335,127 2,959,583
Bad debts written off directly
52,047
41,576 (
-)
199
3,597,117 7,322,321 4,019,121 3,065,051
Net mark-up/ interest income after
provisions
33,204,876 28,464,009 24,437,462 20,867,884
Non mark-up/ interest income
Fee, commission and brokerage income
4,133,109 3,461,374 2,878,663 2,772,615
Income earned as trustees to
various funds
22,714
18,029
21,867
5,859
Dividend income
450,492
342,132
451,312
535,813
Income from dealing in foreign
currencies
632,819
341,403
727,564
693,408
Gain on sale of securities-net
410,618
806,388
748,139 1,507,610
Unrealised gain on revaluation of
investments classified as 'held for
trading'
40,832
11,510
(99,531)
(3,329)
Other income-net
751,058
774,017 1,201,834
565,224
6,441,642 5,754,853 5,929,848 6,077,200
Total non-mark-up/ interest income 39,646,518 34,218,862 30,367,310 26,945,084
Non-mark-up/ interest expenses
Administrative expenses
12,327,496
Other provision/ (reversal)
88,261
Other charges
990,638
Total non-mark-up/ interest expenses13,406,395
Share of profit from associated
undertaking
269,513
Extra ordinary/ unusual item
(
-)
Profit before taxation
26,509,636

10,235,366
142,824
691,722
11,069,912

7,580,302
10,120
920,991
8,511,413

5,036,605
(3,743)
609,544
5,642,406

200,196
30,843 1,223,633
(
-) (
-) (
-)
23,349,146 21,886,740 22,526,311

Taxation - Current year

- Prior year
- Deferred
share of tax of associate

8,053,368 7,725,787 7,387,345 6,463,560

(
- ) (2,232,933) (865,344)
###
1,554,809 2,190,425
16,348
899,898
29,333
464
25,164
15,769
9,637,510 7,683,743 6,563,513 6,084,641
Profit after taxation
16,872,126 15,665,403 15,323,227 16,441,670
Profit attributable to minority interest
1,893
(4)
(12)
(11)
Profit attributable to ordinary
shareholders
16,874,019 15,665,399 15,323,215 16,441,659
Unappropriated profit brought forward
17,821,670 11,065,723 7,054,472 6,278,593
Transfer from surplus on
revaluation of fixed assets-net of
tax
21,879
22,374
21,373
11,860
17,843,549 11,088,097 7,075,845 6,290,453
Profit available for appropriation
34,717,568 26,753,496 22,399,060 22,732,112
((Rupees) )
Basic and dilluted earnings per
share-after tax

22

21

24

26

2006

upees in 000)

32,465,976
6,649,659
21,081,800
64,450,761
###
9,073,276
174,886
11,044,909
###

7,089,679
23,943,476
###
1,597,440
(
-)
(
-)
11,177,125
###
42,185,119

5,463,276
24,662,446
6,278,593
36,404,315
52
36,404,367
5,780,752
42,185,119

2006

upees in 000)
25,784,853
4,509,146
21,275,707

121,197
1,014,540
47,000
1,182,737
20,092,970

2,325,171
483
746,276
692,010
605,865

-)
577,703
4,947,508
25,040,478

6,505,576
11,411
66,708
6,583,695
474,030
(
-)
18,930,813

5,709,140
593,906
61,213
25,675
6,389,934
12,540,879
(3)
12,540,876
5,339,402

32,166
5,371,568
17,912,444

24

HORIZONTAL ANALYSIS OF BALANCE SHEET

AS ON JUNE 30th _______________________
2010

2009

2008

2007

139.86%
23.30%
20.87%
334.70%
128.40%
232.10%
0%
251.20%
166.20%

119.40%
91.30%
14.20%
262.90%
127.70%
199.40%
0%
208.70%
149.10%

122.07%
61.70%
19.40%
151.70%
132.40%
190.80%
0%
179.50%
129.70%

122.20%
58.10%
4.98%
178.90%
110.40%
177.20%
0%
162%
120.30%

Bills payable
144.70%
Borrowings
107.20%
Deposits and other accounts
167.60%
Sub-ordinated loan
0%
Liabilities against assets subject to finance lease
0%
Deferred tax liabilities
100%
Other liabilities
143.90%
162.20%
Net assets
194.30%

115.60%
186.50%
142.90%
0%
0%
100%
141.20%
145.90%
171.40%

148.80%
94.60%
128.40%
0%
0%
100%
190.14%
127.90%
142.50%

147.80%
164.50%
113.50%
30%
0%
100%
104.80%
118.00%
136.40%

126.50%
155.60%
283.80%
173.30%
136.50%
173.30%
159.00%
171.40%

115.00%
149.10%
176.20%
148.60%
132.60%
148.60%
103.90%
142.50%

115.00%
137.80%
112.30%
130.00%
121.10%
130.00%
176.60%
136.40%

Assets
Cash and balances with treasury banks
Balances with other banks
Lendings to financial institutions
Investments-net
Advances-net
Operating fixed assets
Deferred tax assets-net
Other assets-net

Liabilities

Represented by:
Share capital
Reserves
Unappropriated profit
Minority interest
Surplus on revaluation of assets-net of tax

139.10%
162.80%
373.60%
195.60%
5188%
195.60%
186.30%
194.30%

HORIZONTAL ANALYSIS OF PROFIT & LOSS ACCOUNT

FOR THE YEAR ENDED __________________________
2010
Mark-up/ return/ interest earned
Mark-up/ return/ interest expensed
net mark-up/ interest income
Provision/ (reversal) of provision for diminution
in the value of investments
Provision against loans and advances
Bad debts written off directly
Net mark-up/ interest income after provisions

2009

2008

2007

212.64% 200.20% 155.32% 123.29%

399.79% 351.18% 257.09% 174.28%
172.97% 168.20% 133.75% 112.50%
366.73%
###
### 86.85%
305.61% 571.34% 131.59% 291.71%
110.73% 88.45%
0%
0.42%
304.13% 619.09% 334.81% 259.15%
165.25% 141.66% 121.62% 103.85%

Non mark-up/ interest income

Fee, commission and brokerage income
Income earned as trustees to various funds
Dividend income
Income from dealing in foreign currencies
Gain on sale of securities-net
Unrealised gain on revaluation of investments
classified as 'held for trading'
Other income-net
Total non-mark-up/ interest income

177.75% 148.86% 123.80% 119.24%

###
###
###
###
60.36% 45.84% 60.47% 71.79%
91.44% 49.33% 105.13% 100.20%
67.77% 133.09% 123.48% 248.83%
100%
100%
100%
-100%
130.00% 133.98% 208.03% 97.83%
130.19% 116.31% 119.85% 122.83%
158.32% 136.65% 121.20% 107.60%

Non-mark-up/ interest expenses

Administrative expenses
Other provision/ (reversal)
Other charges
Total non-mark-up/ interest expenses
Share of profit from associated undertaking
Extra ordinary/ unusual item
Profit before taxation
Taxation - Current year
- Prior year
- Deferred
share of tax of associate
Profit after taxation
Profit attributable to minority interest
Profit attributable to ordinary shareholders
Unappropriated profit brought forward

189.49%
773.47%
###
203.63%
56.85%
0%
140.03%
141.06%
0%
###
114.24%
150.82%
134.53%
63100%
134.55%
333.77%

157.33%
###
###
168.14%
42.23%
0%
123.33%
135.32%
-376%
###
1.80%
120.24%
124.91%
133.34%
124.91%
207.24%

116.52%
88.68%
###
129.28%
6.50%
0%
115.61%
129.39%
-15%
26.70%
98.00%
102.71%
122.18%
400%
122.18%
132.12%

77.40%
-32.80%
913.74%
85.70%
258.13%
0%
118.99%
113.21%
-218%
###
61.42%
95.22%
131.10%
366.67%
131.10%
117.58%

Transfer from surplus on revaluation of fixed

assets-net of tax
Profit available for appropriation

68.02% 69.55% 66.44% 36.87%

332.18% 206.42% 131.72% 117.10%
193.82% 149.35% 125.04% 126.90%

2006

100%
100%
100%
100%
100%
100%
100%
100%
100%

100.00%
100.00%
100.00%
100%
0%
0%
100.00%
100%
100%

100.00%
100.00%
100.00%
100%
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2006
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100.00%
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100.00%
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