Mark-up/return/interest earned

        2,315,589,720

     3,764,242,109

Mark-up/return/interest expensed

        2,065,916,450

     3,339,286,938

Net mark-up/return/interest income

          249,673,270

        424,955,171

Provision against non-performing loans and advances

          304,629,834

Reversal against consumer financing

                        -  

          (3,391,000)

Provision for diminution in the value of investments

          367,508,960

          34,118,441

Provision against lending to financial institutions

            23,500,000

                      -  

Bad debts written off directly

              5,478,785

           5,700,775

          701,117,579

        876,250,387

Net mark-up/return/interest expense after provisions

         (451,444,309)

Fee commission and brokerage income

                477,550

          41,044,000

Gain on dealing in quoted securities

          646,199,959

     6,332,556,266

Gain/(loss) on dealing in mutual funds

            72,731,031

        (38,140,615)

Gain on dealing in Government securities

                        -  

              237,013

(Loss)/Income from dealing in foreign currencies

           (61,231,026)

        566,254,850

Dividend income

            85,518,834

        126,207,323

Unrealized loss on investments classified as held-for-trading

            (3,569,223)

          (1,843,015)

Underwriting loss

           (11,861,608)

            73,820,313

        107,188,190

          802,085,830

     7,084,950,122

NON MARK-UP/RETURN/INTEREST EXPENSES

Administrative expenses

          329,390,015

        695,999,670

Impairment loss on quoted securities

          276,400,826

     1,917,024,938

Other provisions/write offs

Amortization of goodwill

          69,660,445

Other charges for divestment of subsidiary

          46,615,943

Total non-markup/return/interest expenses

          605,790,841

     2,729,300,996

(LOSS)/PROFIT BEFORE TAXATION

         (255,149,320)

     3,904,353,910

Taxation - Current

           (35,492,838)

        (39,041,735)

  - Prior years

              2,395,671

  - Deferred

          237,759,471

        124,948,864

          204,662,304

          85,907,129

           (50,487,016)

     3,990,261,039

Minority interest

          339,996,024

        135,353,956

PROFIT AFTER TAXATION

          289,509,008

     4,125,614,995

Basic/diluted earnings per share-Rupees

                     0.56

                   9.90

The annexed notes 1 to 43 form an integral part of these consolidated financial statements.