30 June 2011

30 June 2010

Rupees 

Rupees 

CASH FLOW FROM OPERATING ACTIVITIES

(Loss) / profit before taxation

     (256,022,117)

         253,634,936

Less: Dividend income

       (46,020,802)

         (50,066,258)

     (302,042,919)

         203,568,678

Adjustments for non-cash charges

Depreciation

         56,555,179

          56,441,903

Provision / (reversal) against non-performing loans and advances

         86,931,179

       (117,537,616)

Reversal in provisions against lending to financial institutions

                        -  

         (23,500,000)

Provision against held-to-maturity securities

         43,075,188

                       -  

Other provisions / write offs 

         58,543,270

                       -  

Gain on sale of operating fixed assets

         (2,684,059)

                 (3,499)

Provision for gratuity

           2,134,300

            2,562,000

Fair valuation adjustment on non-current asset classified held for sale

         75,619,891

                       -  

Deferred Income

       (14,853,191)

         (13,758,532)

Unrealized loss on revaluation of investment - Held for trading

           6,127,587

          16,709,367

       311,449,344

         (79,086,377)

           9,406,425

         124,482,301

(Increase)/ Decrease in operating assets

Lendings to financial institutions 

       453,671,639

       (201,311,452)

Held for trading securities

       (55,143,977)

          42,212,059

Advances

       504,989,456

       (306,768,676)

Other assets (excluding advance taxation)

       (83,713,629)

           (6,624,057)

       819,803,489

       (472,492,126)

Increase/ (Decrease) in operating liabilities

Borrowings from financial institutions

  (1,450,506,314)

         147,644,529

Deposits

       (549,801,431)

Deferred liabilities

         13,189,166

          18,956,455

Other liabilities 

       (17,883,037)

           (3,376,251)

  (2,142,029,588)

       (386,576,698)

  (1,312,819,674)

       (734,586,523)

Gratuity paid

         (6,263,505)

             (914,653)

Income tax paid

       (27,800,350)

       (454,568,827)

Net cash flow from operating activities

  (1,346,883,529)

     (1,190,070,003)

    1,122,724,799

       (945,878,272)

         78,561,021

          70,811,099

         36,169,740

          42,703,948

         30,000,000

                       -  

       (12,970,004)

           (4,718,143)

           3,080,644

                  3,500

    1,257,566,200

       (837,077,868)

       (89,317,329)

     (2,027,147,871)

       259,178,848

      2,582,774,521

       169,861,519

         555,626,650

                        -  

                       -  

         67,589,343

          43,912,655

       102,272,176

         511,713,995

       169,861,519

         555,626,650