Consolidated Accounts
MCB Bank Limited & Subsidiary Companies Consolidated Financial Statements For the year ended December 31, 2010 MCB Bank Limited & Subsidiary Companies Consolidated Statement of Financial Position As at December 31, 2010 Note 2010 2009 (Rupees in '000) Assets Cash and balances with treasury banks 6 45,407,264 38,774,871 Balances with other banks 7 1,551,518 6,077,354 Lendings to financial institutions 8 4,401,781 3,000,000 Investments - net 9 215,747,844 169,484,647 Advances - net 10 254,565,471 253,248,265 Operating fixed assets 11 21,061,787 18,099,010 Deferred tax assets - net - - Other assets - net 12 27,746,198 23,057,731 570,481,863 511,741,878 Liabilities Bills payable 14 10,265,537 8,201,090 Borrowings 15 25,684,593 44,662,088 Deposits and other accounts 16 431,295,499 367,581,075 Sub-ordinated loan - - Liabilities against assets subject to finance lease - - Deferred tax liabilities - net 17 5,146,733 3,201,756 Other liabilities 18 16,090,374 15,782,589 488,482,736 439,428,598 Net assets 81,999,127 72,313,280 Represented by: Share capital 19 7,602,150 6,911,045 Reserves 20 40,164,526 38,387,656 Unappropriated profit 23,458,429 17,821,670 71,225,105 63,120,371 Minority interest 2,698 71 71,227,803 63,120,442 Surplus on revaluation of assets - net of tax 21 10,771,324 9,192,838 81,999,127 72,313,280 Contingencies and commitments 22 The annexed notes 1 to 46 and Annexures I to V form an integral part of these financial statements.
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