Derivative aset 3,555 other receivable 1,040 other

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Unformatted text preview: Derivative aset 3,555 Other receivable 1,040 Other asets 562,913 78,458 Not------- Rup in '000 ------- D c mb r 31, 2006 D c mb r 31, 2005 14.1 Represents advance given in respect o Murabaha and Ijarah inancings. 14.2 D f r d co t Represents preliminary / pre-operating expenses incured as olows: Balance at the begining o the year 71,156 8,683 Incured during the year net 14.2.1 9,257 62,473 80,413 71,156 Les: Amorti ed during the year 12,062 - Balance at the end o the year 68,351 71,156 41 14.2.1 De ered costs incured during the year Salaries, alowances and other bene its 9,847 23,372 Employes bene it scheme 990 1,912 Directors e 138 1,85 Shariah Boards remuneration 213 67 Advertisement and sponsorship expense 3,588 2,169 Rent, rates and taxes 495 1,575 Legal and pro esional e 1,608 1,5 3 Insurance 212 41 Consultancy e 1,090 23,233 Traveling and conveyance 1,029 452 Vehicles maintenance 142 1,277 Repairs and maintenance 200 229 Stationery expense 457 165 Subscription 2,967 886 Entertainment expense 115 12 Listing e 1,842 9,571 Underwriting comision 8,188 - Depreciation 12.4 1,518 3,5 3 Amorti ation 12.4 210 328 Auditors remuneration 28.2.1 77 261 Training and seminar- 184 Utility expense 138 876 Comunication 729 363 Security service charges 73 125 Ban charges 14 48 Other expenses 536 347 36,416 75,429 Pro it earned in local curency on balances with other ban s and Mushara a certi icates (27,159) (12,956) 9,257 62,473 Not------- Rup in '000 ------- D c mb r 31, 2006 D c mb r 31, 2005 14.3 Represents advance in respect o acquisition o Su u s to be isued by a local company and units o an open ended mutual und. 15. BILLS PAYABLE In Pa istan local curency 23,830 16. DUE TO FINANCIAL INSTITUTIONS In Pa istan 50,000 42 17. DEPOSITS AND OTHER ACCOUNTS Cu tom r Fixed deposits 811,730 - Savings deposits 607,468 Curent acounts - non-remunerative 336,686 Margin acounts 22,124 1,778,008 17.1 Particular of d po it In local curency 1,749,951 In oreign curencies 28,057 1,778,008 18. OTHER LIABILITIES Pro it / return payable in local curency 13,607 Unearned comision and income on bils discounted 340 Acrued expenses 10,562 2,233 De ered Murabaha Income - inancings 37,403 De ered Murabaha Income - Comodity Murabaha 10,969 Payable to de ined bene it plan 35.3 2,484 1,912 Security deposits against Ijarah 62,006 Sundry creditors 27,633 911 Charity payable 18.1 5 Others 4,940 64 169,949 5,12 18.1 Charity fund Balance at the begining o the year- - Aditions during the year 5 - Payments / utili ation during the year- - Balance at the end o the year 5 - 16.1 Represents Mushara a contributions by the State Ban o Pa istan against Islamic Export Re inance Scheme. These cary expected pro it rate o 6.5 percent per anum....
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Derivative aset 3,555 Other receivable 1,040 Other asets...

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