July - March

Jan - March

2005

2004

2005

2004

Rupees

Rupees

Rupees

Rupees

INCOME

Income from loans, term finances and credit facilities

65,348,516

86,650,032

23,859,809

26,091,163

Income from investments

189,858,360

86,368,697

87,043,698

22,814,694

Net (loss) / gain on sale of investments

(578,047)

44,770,158

36,606,538

18,703,894

Free, commission and brokerage

92,126,126

41,449,264

40,841,826

9,165,669

Other income

1,079,545

793,628

275,199

315,085

347,834,500

260,031,779

188,627,070

77,090,505

EXPENDITURE

Return/mark-up on certificates of deposit and borrowings

118,301,987

73,664,077

54,257,877

25,511,164

Administrative and operating expenses

79,973,418

44,852,427

34,004,219

15,047,041

198,275,405

118,516,504

88,262,096

40,558,205

Profit before provision and taxation

149,559,095

141,515,275

100,364,974

36,532,300

Provision for losses on term finances / credit facilities

19,600,000

27,000,000

10,100,000

9,000,000

Profit before taxation

129,959,095

114,515,275

90,264,974

27,532,300

Provision for taxation - current

37,227,324

39,500,000

23,227,324

9,500,000

                                     - deferred

(4,507,471)

(6,982,884)

(1,252,865)

(1,740,059)

32,719,853

32,517,116

21,974,459

7,759,941

Profit after taxation

97,239,242

81,998,159

68,290,515

19,772,359

Basic earnings per share

2.95

2.73

2.07

0.66