it will provide you the full information of the financial outlook and financial position of HBL and Faysal Bank

2. MEMBERS
MUHAMMAD ADEEL LAGHARI
MUHAMMAD ISMAIL BUTT
THE DECENT GROUP

3. CONTENTS
 Introductions of the companies
 Financial statements
 Financial Analysis

4. INTRODUCTION
HBL
 Established in 1941
 Bank's first international branch opened in
Colombo, Sri Lanka in 1951
 HBL was nationalized in 1974
 In February 2004, the bank was privatized

5. Vision
“Enabling people to advance with confidence and
success”
Mission
“To make our customers prosper, our staff excel and
create value for shareholders”

6. FAYSAL BANK Ltd.
 Incorporated in Pakistan on October 3rd, 1994
 Barkat is the dedicated Islamic Banking Division of
Faysal Bank
 spreads over more than 130 cities
 Faysal Asset Management Limited (FAML)

7. OUR VISION
“Excellence in all that we do”
OUR MISSION
“Achieve leadership in providing financial services in
chosen markets through innovation”

8. Rupees in (000) Rupees in (000) Rupees in (000) Rupees in (000) Rupees in (000) Rupees in (000) Rupees in (000)
ASSETS 2011 2012 2013 2014 2015 2016 2017
Current Assets
Cash and balances with treasury banks* 103,399,623 157,229,517 135,476,687 135,276,934 167,250,988 238,438,283 246,043,030
Balances with other banks* 47,349,505 47,980,032 57,341,769 67,284,700 40,469,761 45,959,095 40,804,269
Lendings to financial institutions* 41,581,029 24,828,255 35,271,477 34,313,560 44,318,411 32,963,803 33,900,345
Total Current Assets 192,330,157 230,037,804 228,089,933 236,875,194 252,039,160 317,361,181 320,747,644
Non-Current Assets
Investments 418,604,147 797,094,548 826,062,308 922,691,101 1,244,887,008 1,344,404,771 1,374,807,643
Advances 457,367,656 499,817,906 563,700,737 595,295,176 633,382,624 748,466,297 851,502,420
Operating fixed assets 19,167,654 23,632,324 25,706,315 27,309,803 31,341,509 36,087,509 62,792,843
Deferred tax asset 7,275,888 6,056,483 5,103,072
Other assets 44,808,703 53,835,409 66,609,013 82,446,422 56,772,484 59,778,445 74,251,149
Total Non-Current Assets 947,224,048 1,380,436,670 1,487,181,445 1,627,742,502 1,966,383,625 2,188,737,022 2,363,354,055
TOTAL ASSETS 1,139,554,205 1,610,474,474 1,715,271,378 1,864,617,696 2,218,422,785 2,506,098,203 2,684,101,699
LIABILITIES & OWNERS EQUITY
LIABILITIES
Current Liabilities
Bills payable* 13,894,502 18,943,207 19,422,316 21,989,658 28,081,548 31,195,900 33,752,219
Borrowings* 39,473,670 196,588,138 107,864,424 103,411,114 314,319,099 331,726,654 397,802,667
Deposits and other accounts* 933,631,525 1,214,963,700 1,401,229,814 1,524,644,784 1,634,944,470 1,885,959,026 1,998,935,057
Total Current Liabilities 986,999,697 1,430,495,045 1,528,516,554 1,650,045,556 1,977,345,117 2,248,881,580 2,430,489,943
Non-Current Liabilities
Sub-ordinated loans 5,036,100 5,440,654 2,633,115 10,000,000 9,998,000 9,994,000
Liabilities against assets subject to finance lease
Deferred tax liability 2,866,169 5,671,128 6,090,983 971,368
Other liabilities 37,931,420 41,809,119 41,687,455 42,110,871 42,786,489 44,858,770 53,830,894
Total Non-Current Liabilities 42,967,520 47,249,773 44,320,570 44,977,040 58,457,617 60,947,753 64,796,262
TOTAL LIABILITIES 1,029,967,217 1,477,744,818 1,572,837,124 1,695,022,596 2,035,802,734 2,309,829,333 2,495,286,205
OWNERS EQUITY
Share capital 11,020,680 12,122,748 13,335,023 14,668,525 14,668,525 14,668,525 14,668,525
Reserves 32,145,755 39,379,354 43,550,373 43,550,188 47,188,150 47,958,414 52,266,420
Unappropriated profit 56,980,697 67,215,111 73,748,915 88,715,056 96,495,448 106,142,374 97,105,942
Total equity attributable to the equity holders of the Bank 100,147,132 118,717,213 130,634,311 146,933,769 158,352,123 168,769,313 164,040,887
Non-controlling interest 1,236,290 1,227,207 1,886,116 1,185,257 1,692,344 3,435,710 3,487,281
Surplus on revaluation of assets - net of deferred tax 8,203,566 12,785,236 9,913,827 21,476,074 22,575,584 24,063,847 21,287,326
TOTAL LIABILITIES & OWNERS EQUITY 1,139,554,205 1,610,474,474 1,715,271,378 1,864,617,696 2,218,422,785 2,506,098,203 2,684,101,699
Balance Sheet
For the Year Ended @ 31December
Habib Bank Ltd.

9. Rupees in (000) Rupees in (000) Rupees in (000) Rupees in (000) Rupees in (000) Rupees in (000) Rupees in (000)
2011 2012 2013 2014 2015 2016 2017
interest income/mark-up 56,398,203 57,760,261 55,015,664 68,583,096 78,168,776 81,951,362 83,067,472
Non mark-up / interest income
Fee, commission and brokerage income 6,085,970 6,785,687 8,291,686 13,979,618 17,089,181 19,026,456 19,519,052
Dividend income 434,606 490,213 759,345 897,058 1,542,947 1,286,488 1,219,610
Share of profit of associates and joint venture 1,081,358 1,690,100 1,785,462 3,267,473 3,399,078 3,768,085 2,051,887
Gain on sale of securities 542,118 2,568,079 2,299,131 2,846,844 2,749,276 1,399,329 1,519,089
Unrealised (loss) / gain on held for sale securities -36,820 1,360,596 2,313,847 1,409,583 11,041,929 5,341,724 7,838,034
Income from dealing in foreign currencies 3,756,094 25,253 -12,815 52,856 18,326 -12,057 -73,353
Other income 2,919,535 3,040,178 3,886,624 971,816 743,228 625,212 814,818
Total non mark-up / interest income 14,782,861 15,960,106 19,323,280 23,425,248 36,583,965 31,435,237 32,889,137
Total Income 71,181,064 73,720,367 74,338,944 92,008,344 114,752,741 113,386,599 115,956,609
Mark-Up Expenses
Provision against non-performing loans and advances 6,697,555 7,243,887 1,602,738 1,439,756 4,853,555 491,155 -49,554
(Reversal) / charge against off-balance sheet obligations -9,141 7,015 22,427 -102,167 36,744 -22,208 -531,722
Charge / (reversal) against diminution in the value of 237,083 -483,865 -225,306 -103,678 -382,393 248,616 465,867
investments
Bad debts written off directly
Total Mark-up Expenses 6,925,497 6,767,037 1,399,859 1,233,911 4,507,906 717,563 -115,409
interest income after provisions/Net mark-up 49,472,706 50,993,224 53,615,805 67,349,185 73,660,870 81,233,799 83,182,881
Earnings Before Interest and Taxes 64,255,567 66,953,330 72,939,085 90,774,433 110,244,835 112,669,036 116,072,018
Non mark-up / interest expense
Administrative expenses 29,433,961 30,381,020 36,109,857 41,254,445 48,400,384 54,790,111 61,973,814
Other provisions / write offs - net -242,427 277,848 -48,390 296,761 245,920 174,161 496,671
Other charges 77,588 18,285 23,175 4,654 128,831 106,332 31,356
Workers welfare fund 665,047 714,420 721,115 968,292 1,183,462 1,073,521 1,039,582
TOTAL Non mark-up / interest expense 29,934,169 31,391,573 36,805,757 42,524,152 49,958,597 56,144,125 63,541,423
Extra ordinary/ Unusual items -23,717,115
Profit before taxation/EBT 34,321,398 35,561,757 36,133,328 48,250,281 60,286,238 56,524,911 28,813,480
Taxation
current 10,459,376 12,812,589 10,610,047 15,674,740 19,052,573 19,328,416 18,520,474
prior years 28,264 421,210 -117,510 -210,479 2,261,220 2,223,030 1,907,630
deferred 1,500,736 -463,640 2,613,696 1,303,454 3,870,854 767,211 203,249
TOTAL TEXATION 11,988,376 12,770,159 13,106,233 16,767,715 25,184,647 22,318,657 20,631,353
Profit after taxation/NET INCOME 22,333,022 22,791,598 23,027,095 31,482,566 35,101,591 34,206,254 8,182,127
Income Statement
Habib Bank Ltd.
For the Year Ended @ 31 December

10. Liquidity Analysis:
 Current ratio of HBL is gradually decreasing
Ratios 2011 2012 2013 2014 2015 2016 2017
Current Ratio 19.48634408 16.08099272 14.92230702 14.35567601 12.74634144 14.11195609 13.19683074

11. DEBT TO EQUITY RATIO
Ratios 2011 2012 2013 2014 2015 2016 2017
Debt-To-
Equity Rtio 1028.454032 1244.760368 1204.000015 1153.59635 1285.617582 1368.631117 1521.136743
It means equity side is so much higher than its debts

12. INTEREST COVERAGE RATIO
Ratios 2011 2012 2013 2014 2015 2016 2017
Interest
Coverage Ratio 214.6562579 213.284406 198.1730331 213.4655924 220.6724 200.6782295 182.6714174

13. TOTAL ASSET TURNOVERS
Ratios 2011 2012 2013 2014 2015 2016 2017
Total Asset
Turn Over 6.246395625 4.577555757 4.333946509 4.934434774 5.172717382 4.524427609 4.320127253

14. NET PROFIT MARGIN
Ratios 2011 2012 2013 2014 2015 2016 2017
Net Profit
Margin 31.37494826 30.91628396 30.97581666 34.21707709 30.58889112 30.16781022 7.056197202

15. RETURN ON INVESTMENT
Ratios 2011 2012 2013 2014 2015 2016 2017
Return on
Investment 1.959803395 1.415210136 1.342475325 1.688419351 1.582276888 1.364920735 0.304836698

16. RETURN ON EQUITY
Ratios 2011 2012 2013 2014 2015 2016 2017
Return on
Equity 22.30021125 19.19822528 17.62714162 21.42636524 22.16679533 20.26805311 4.987858301

17. STOCK PRICES
Date Price Open High Low Vol. Change %
12-Feb-19 139.91 142.9 144 137.5 1.21M -1.56%
11-Feb-19 142.13 148 148.3 139.99 1.37M -2.46%
8-Feb-19 145.72 149.49 149.91 144.1 1.77M -1.87%
7-Feb-19 148.49 150 150.5 148.15 1.72M -0.87%
6-Feb-19 149.8 152 152.1 149.05 612.50K -1.43%
4-Feb-19 151.98 150.71 152.98 150.5 922.40K 0.76%
1-Feb-19 150.83 149.95 151.99 149.8 1.44M 1.16%
31-Jan-19 149.1 149 150.24 148 1.23M 0.07%
30-Jan-19 149 148.7 150 148.7 822.10K 0.00%
29-Jan-19 149 149.4 149.95 148 737.40K -0.33%
28-Jan-19 149.5 149.5 151.5 148.55 1.25M 0.34%
25-Jan-19 149 148.95 150 148.5 3.29M 0.60%
24-Jan-19 148.11 149 149.89 146.6 3.15M 2.38%
23-Jan-19 144.67 142.9 145 142.9 3.12M 2.06%
22-Jan-19 141.75 138.1 142 138.1 1.73M 2.64%
21-Jan-19 138.1 134.05 139 134.05 1.39M 3.06%
18-Jan-19 134 135.5 135.99 133.8 367.50K -1.10%
17-Jan-19 135.49 135.98 135.98 132.01 560.90K 0.73%
16-Jan-19 134.51 134 136 133.74 1.35M -0.01%
15-Jan-19 134.52 134.25 135.99 133.25 589.70K 0.20%
14-Jan-19 134.25 133.5 134.9 133.5 1.14M 0.99%

18. Assets 2011 2012 2013 2014 2015 2016 2017
Current Assets
Cash and balances with treasury banks 18,445,108 24,508,852 28,422,497 20,285,851 26,084,007 37,239,302 37,861,767
Balances with other banks 4,685,718 1,209,313 1,011,980 1,422,699 1,068,451 1,139,375 1,872,771
Lendings to financial institutions 300,000 12,088,403 5,000,000 9,010,335
Total Current Assets 23,130,826 25,718,165 29,734,477 21,708,550 39,240,861 43,378,677 48,744,873
Investments 93,409,187 87,995,224 113,319,478 155,210,513 183,677,239 170,210,137 179,706,358
Advances 148,161,995 172,299,205 184,190,304 181,224,805 178,079,084 204,830,997 231,532,160
Fixed assets 10,849,607 10,859,963 10,250,910 11,543,356 11,342,980 12,111,881 12,939,625
Deffered tax assets - net 5,188,126 4,419,111 3,980,541 2,428,817 3,087,325 2,264,212 1,607,625
Other assets 11,828,085 11,772,664 13,803,997 16,009,743 14,645,371 11,668,757 13,496,266
Total Assets 292,567,826 313,064,332 355,279,707 388,125,784 430,072,860 444,464,661 488,026,907
Liabilities
Current LiabilitiES
Bills payable 3,075,642 4,244,494 4,968,610 5,347,774 6,009,238 5,982,285 7,304,326
Borrowings 39,696,986 35,568,109 45,446,528 60,926,863 90,565,242 52,806,084 54,788,547
Deposits and other accounts 214,614,731 240,712,826 271,134,303 283,345,739 292,130,258 340,306,404 373,081,163
Total Current Liabilities 257,387,359 280,525,429 321,549,441 349,620,376 388,704,738 399,094,773 435,174,036
Sub-ordinated loans 4,395,197 4,195,001 3,495,400 2,995,200 2,994,000 1,497,000
Liabilities against assets subject to finance lease
Deferred tex liabilities - net
Other liabilities 11,572,111 7,365,998 8,068,673 9,207,632 8,021,649 8,864,563 13,620,595
Total Liabilities 273,354,667 292,086,428 333,113,514 361,823,208 399,720,387 409,456,336 448,794,631
Share capital 8,243,118 9,273,508 10,432,697 10,432,697 11,997,601 11,997,601 13,197,361
Proposed shares to be issued on amalgamation
Reserves 6,591,131 6,309,083 6,554,197 5,703,155 6,422,761 7,158,248 7,936,338
Unappropriated profit 2,959,178 3,146,300 3,600,828 5,696,366 7,638,330 9,985,870 12,527,973
Surplus / (deficit) on revaluation of assets 1,419,732 2,249,013 1,578,471 4,470,358 4,293,781 5,866,606 5,570,604
Total Liabilitie& Owners Equity 292,567,826 313,064,332 355,279,707 388,125,784 430,072,860 444,464,661 488,026,907
FAISAL BANK Ltd.
Income Statement
31st of December

19. Income statement
Mark-up / return / interest earned 28,825,449 28,802,150 27,790,468 32,312,633 32,312,553 26,200,691 28,791,306
Mark-up / return / interest expensed 19,619,095 19,838,745 16,945,315 18,480,191 18,357,971 14,134,284 14,830,923
Net mark-up / interest income 9,206,354 8,963,405 10,845,153 13,832,442 13,954,582 12,066,407 13,960,383
Provision against non-performing loans and advances - net330,088 963,901 1,905,541 2,055,820 1,026,128 625,813 -690,700
Reversal of provision for consumer loans - general -77,361 963,901 1,905,541 33,159 1,026,128 625,813 104,409
Provision against off balance sheet obligations 0 963,901 1,905,541 6,981 1,026,128 625,813 5,152
Provision for diminution in the value of investments - net409,483 963,901 1,905,541 397,383 1,026,128 625,813 182,943
Bad debts written off directly 33,035 963,901 1,905,541 -134,506 1,026,128 625,813 -98,216
695,245 4,819,505 9,527,705 2,358,837 5,130,640 3,129,065 -496,412
Net mark-up / interest income after provisions 8,511,109 4,143,900 1,317,448 11,473,605 8,823,942 8,937,342 14,456,795
Non mark-up / interest income
Fee, commission and brokerage income 1,773,198 1,857,688 2,237,474 2,075,945 2,303,447 2,528,990 3,086,639
Dividend income 618,764 431,656 479,352 182,435 318,715 276,301 159,514
Income from dealing in foreign currencies 850,833 769,394 948,598 1,072,939 964,961 1,368,290 1,385,057
(Loss) / gain on sale of securities -255,978 1,214,560 306,329 460,477 1,738,630 2,092,759 845,659
Unrealised (loss) / gain on revaluation of investments classified as held for trading-57,534 42,887 -19,127 31,475 -27,230 11,107 -3,853
Other income 1,141,086 965,534 573,558 550,898 265,817 490,566 141,060
Total non mark-up / interest income 4,070,369 5,281,719 4,526,184 4,374,169 5,564,340 6,768,013 5,614,076
12,581,478 9,425,619 5,843,632 15,847,774 14,388,282 15,705,355 20,070,871
Non mark-up / interest expenses
Administrative expenses 10,813,919 10,810,261 11,079,122 12,162,034 10,591,053 11,474,088 12,607,943
Other provisions - net 224,999 91,117 -94,976 -88,616 386,126 -28,298 4,610
Other charges 64,469 102,825 116,675 221,826 221,204 143,865 166,143
Total non mark-up / interest expenses 11,103,387 11,004,203 11,100,821 12,295,244 11,198,383 11,589,655 12,778,696
1,478,091 -1,578,584 -5,257,189 3,552,530 3,189,899 4,115,700 7,292,175
Share of profit / (loss) of associate 6,657 -745 -7,002 -22,050 -22,863
Extraordinary / unusual Items
Profit before taxation 1,478,091 -1,578,584 -5,250,532 3,551,785 3,182,897 4,093,650 7,269,312
Taxation - Current 392,522 267,960 1,078,186 1,712,150 3,038,627 2,262,905 2,647,657
Taxation - Prior years 289,016 -227,147 -1,612,830 -812,786 264,797 -901,138 -882,491
Taxation - Deferred -483,743 376,406 845,517 175,462 -605,711 995,098 989,360
197,795 417,219 310,873 1,074,826 2,697,713 2,356,865 2,754,526
Profit after taxation 1,280,296 -1,995,803 -5,561,405 2,476,959 485,184 1,736,785 4,514,786
FAISAL BANK Ltd.
Income Statement
31st of December

20. LIQUIDITY ANALYSIS:
Ratios 2011 2012 2013 2014 2015 2016 2017
Current Ratio 8.98677623 9.16785515 9.24724885 6.20917758 10.09529 10.86927 11.20124

21. DEBT TO EQUITY RATIO
Ratios 2011 2012 2013 2014 2015 2016 2017
Debt-To-Equity
Rtio 1842.7267 18.744407 19.6100308 22.4235577 21.69992 21.375 21.23597

22. INTEREST COVERAGE RATIO
Ratios 2011 2012 2013 2014 2015 2016 2017
Interest
Coverage Ratio 113.312073 0.85654718 0.5264144 1.2889353 1.284854 1.355118 1.570651

23. TOTAL ASSET TURNOVERS
Ratios 2011 2012 2013 2014 2015 2016 2017
Total Asset
Turn Over 4.53799831 4.5502226 4.32654517 4.69090479 4.538515 4.237552 4.010938

24. NET PROFIT MARGIN
Ratios 2011 2012 2013 2014 2015 2016 2017
Net Profit
Margin 10 -14 -36 14 3 9 23

25. RETURN ON INVESTMENT
Ratios 2011 2012 2013 2014 2015 2016 2017
Return on
Investment 0.43760656 -0.6375057 -1.5691071 0.6385685 0.116071 0.400681 0.93448

26. RETURN ON EQUITY
Return on
Equity 9 -13 -33 15 3 9 22

27. STOCK PRICES
Last 15 Trading Day Price
Date Open High Low Close Volumn
2/12/2019 25.01 24.95 24.57 24.66 8,000.00
2/11/2019 25.02 25.01 25.00 25.01 6,500.00
2/8/2019 25.00 25.19 25.00 25.02 30,500.00
2/7/2019 25.21 25.68 25.00 25.00 75,500.00
2/6/2019 25.17 26.26 25.00 25.21 457,000.00
2/4/2019 25.02 25.88 25.00 25.17 3,751,000.00
2/1/2019 24.42 25.48 24.25 25.02 771,500.00
1/31/2019 24.46 24.75 24.35 24.42 61,500.00
1/30/2019 24.20 24.50 24.00 24.46 474,500.00
1/29/2019 24.06 24.34 24.00 24.20 28,500.00
1/28/2019 24.20 24.50 24.02 24.06 139,000.00
1/25/2019 24.49 24.50 24.10 24.20 4,000.00
1/24/2019 24.61 24.75 24.30 24.49 1,039,000.00
1/23/2019 24.55 25.34 24.40 24.61 2,152,000.00
1/22/2019 24.75 25.44 24.40 24.55 439,000.00

28. COMPARE HBL WITH FAYSAL

29. TotalCurrentAssets 169,199,331 204,319,639 198,355,456 215,166,644 212,798,299 273,982,504 272,002,771
TotalNon-CurrentAssets 677,787,048 1,093,090,503 1,161,636,215 1,261,325,268 1,575,551,626 1,787,651,038 1,924,072,021
TOTALASSETS 846,986,379 1,297,410,142 1,359,991,671 1,476,491,912 1,788,349,925 2,061,633,542 2,196,074,792
TotalCurrentLiabilities 729,612,338 1,149,969,616 1,206,967,113 1,300,425,180 1,588,640,379 1,849,786,807 1,995,315,907
TotalNon-CurrentLiabilities 27,000,212 35,688,774 32,756,497 32,774,208 47,441,968 50,586,190 51,175,667
TOTAL LIABILITIES 756,612,550 1,185,658,390 1,239,723,610 1,333,199,388 1,636,082,347 1,900,372,997 2,046,491,574
TotalequityattributabletotheequityholdersoftheBank 85,312,883 103,134,622 113,647,417 130,797,917 139,931,761 149,613,464 142,907,188
TOTALLIABILITIES&OWNERSEQUITY 846,986,379 1,297,410,142 1,359,991,671 1,476,491,912 1,788,349,925 2,061,633,542 2,196,074,792
interestincome/mark-up 47,191,849 48,796,856 44,170,511 54,750,654 64,214,194 69,884,955 69,107,089
Totalnonmark-up/interestincome 10,712,492 10,678,387 14,797,096 19,051,079 31,019,625 24,667,224 27,275,061
TotalMark-upandNonMark-upIncome 67,110,695 68,438,648 69,812,760 87,634,175 109,188,401 106,618,586 110,342,533
TotalMark-upExpenses 6,230,252 1,947,532 -8,127,846 -1,124,926 -622,734 -2,411,502 381,003
interestincomeafterprovisions/Netmark-up 36,891,228 41,567,605 47,772,173 51,501,411 59,272,588 65,528,444 63,112,010
EarningsBeforeInterestandTaxes 53,152,180 55,949,127 61,838,264 78,479,189 99,046,452 101,079,381 103,293,322
Profitbeforetaxation/EBT 32,843,307 37,140,341 41,397,174 44,697,006 57,089,337 52,387,161 21,498,442
TOTALTEXATION 11,790,581 12,352,940 12,795,360 15,692,889 22,486,934 19,961,792 17,876,827
Profitaftertaxation/NETINCOME 21,052,726 24,787,401 28,601,814 29,004,117 34,602,403 32,425,369 3,621,615