WEIGHTAGES FOR THE MONTH OF OCTOBER 2014

Mudarib Share Rabbul Maal

Profit Sharing Ratio (PSR) mutually agreed between Mudarib and Rabbul Maal: 35% 65%

Rs. in 'Full

Average Balance Movement Expected Desired / Profit Weighted Weightages

Previous Month expected in % Adjustment Average Balance Expected Allocation Average Assigned
Profit Rate Balance
Product Class
A B C D E F G H
AxB A+C DxE/ F / SUM F x G/D
365*31 SUM D
Saving Deposits 1 K To 19,999,999 5,634,146 20.00% 1,126,829 6,760,976 5.00% 28,711 5,479,007 0.8104
Saving Deposit 20 M To 49,999,999 31,311,976 5.00% 1,565,599 32,877,575 6.00% 167,541 31,972,274 0.9725
Saving Deposit 50 M To 99,999,999 123,129 10.00% 12,313 135,442 7.00% 805 153,664 1.1345
Saving Deposit 100 M & Above 1,837,338 1.00% 18,373 1,855,711 7.50% 11,821 2,255,766 1.2156
Business Account - 1 K To 19,999,999 2,843,881 2.00% 56,878 2,900,758 6.50% 16,014 3,055,958 1.0535
Business Account - 20 M To 49,999,999 869,265 -15.00% (130,390) 738,876 7.00% 4,393 838,285 1.1345
Business Account - 50 M & Above 825,742 -25.00% (206,435) 619,306 7.50% 3,945 752,817 1.2156
Term Deposit 1 Month 643,576 -20.00% (128,715) 514,861 6.00% 2,624 500,684 0.9725
Term Deposit 3 Months 1,450,666 1.00% 14,507 1,465,173 6.50% 8,089 1,543,564 1.0535
Term Deposit 6 Months 10,422 5.00% 521 10,943 7.00% 65 12,415 1.1345
Term Deposit 1 Year 14,493 2.50% 362 14,855 7.50% 95 18,058 1.2156
Term Deposit 2 Years 2,149,681 3.00% 64,490 2,214,171 8.00% 15,044 2,870,937 1.2966
Term Deposit 3 Years 870 4.00% 35 905 8.50% 7 1,247 1.3777
Term Deposit 4 Years 1,246,445 9.00% 112,180 1,358,625 9.00% 10,385 1,981,821 1.4587
Term Deposit 5 Years 54,344 8.00% 4,348 58,692 9.50% 474 90,370 1.5397
49,015,974 2,510,894 51,526,868 270,010 51,526,868 1.0000

Hypothetical Working by Muhammad Hammad Hanif

Pool Management and Profit Distribution Working
POOL WORKING FOR THE MONTH OF OCTOBER 2014

Rs. in Full
PARTICULARS Avg Pool BS Pool PL Avg Return (%)

ASSETS - APPLICATION OF FUNDS

Cash in Hand 4,276,899 - 0.00%
Financings and Related Assets 21,020,216 210,841 11.81%
Investments 30,337,788 239,112 9.28%
Placements with Other Banks 6,690,802 41,256 7.26%
Bai Muajjal 8,498,960 58,107 8.05%
Total Pool Assets 70,824,666 549,316 9.13%

LIABILITY - SOURCE OF FUNDS

Mudarabah Deposits
Saving Deposits 46,580,680
Fixed Deposits 5,882,036
Total Pool Funds 52,462,716

Equity (Balancing) 18,361,950

TOTAL POOL SIZE 70,824,666 549,316 9.13%

-

Hypothetical Working by Muhammad Hammad Hanif

Pool Management and Profit Distribution Working
PROFIT CALCULATION FOR THE MONTH OF OCTOBER 2014

WORKING FOR THE MONTH OF OCTOBER 2014 Rs. in 'Full

Income Amount
Financing
Income on Advances Murabaha, Musharaka, Ijara, Salam, Istisna etc. 210,841
Income on Investments 232,523
Income on Placements of Funds 41,256
Income on Bai Muajjal 58,107
Income on Dividend 6,589
Total Gross Income 549,316

Expenditure and Provisions

Direct Expenses of branches
Commission To Car Dealers 1,025
Brokerage Paid 1,566
Add : Bad Debts Written off 10,161

Total Direct Expenses to be deducted 12,752

TOTAL NET INCOME 536,564

Less: IBG's Profit in proportion to comingled funds/equity (18,361,950/70,824,666) 139,109

Total Distributable Profit 397,455

Share of Mudarib (35%) 139,109

Share of Rabbul Maal (65%) 258,346

PROFIT FOR DISTRIBUTION TO RABUL MAAL 258,346

Additional amount from Share of Mudarib as general HIBA (11.00%) 15,302

Total Profit Distributed to Rabul Maal 273,648

Hypothetical Working by Muhammad Hammad Hanif

Pool Management and Profit Distribution Working
PROFIT DISTRIBUTION WORKING FOR THE MONTH OF OCTOBER 2014

Rs. in 'Full
Weighted Total Profit
Actual Average Weightages Average Profit Hiba out of
Profit Rate Mudarib Distributed Final Profit
Balance Assigned Allocation Share Rate
Balance (After Hiba)
Product Class
A B C D E F G H
C / SUM C x D/Ax C / SUM C x G/Ax
AxB SUM D 365/31 SUM F D+F 365/31
Saving Deposits 1 K To 19,999,999 8,518,829 0.8104 6,903,549 34,156 4.72% 2,023 36,179 5.00%
Saving Deposit 20 M To 49,999,999 31,891,247 0.9725 31,013,105 153,441 5.67% 9,088 162,530 6.00%
Saving Deposit 50 M To 99,999,999 146,277 1.1345 165,957 821 6.61% 49 870 7.00%
Saving Deposit 100 M & Above 1,874,268 1.2156 2,278,324 11,272 7.08% 668 11,940 7.50%
Business Account - 1 K To 19,999,999 3,016,789 1.0535 3,178,196 15,725 6.14% 931 16,656 6.50%
Business Account - 20 M To 49,999,999 650,211 1.1345 737,691 3,650 6.61% 216 3,866 7.00%
Business Account - 50 M & Above 483,059 1.2156 587,197 2,905 7.08% 172 3,077 7.50%
Term Deposit 1 Month 417,038 0.9725 405,554 2,007 5.67% 119 2,125 6.00%
Term Deposit 3 Months 1,611,690 1.0535 1,697,920 8,401 6.14% 498 8,898 6.50%
Term Deposit 6 Months 12,256 1.1345 13,905 69 6.61% 4 73 7.00%
Term Deposit 1 Year 15,227 1.2156 18,509 92 7.08% 5 97 7.50%
Term Deposit 2 Years 2,280,596 1.2966 2,957,065 14,630 7.55% 867 15,497 8.00%
Term Deposit 3 Years 941 1.3777 1,296 6 8.03% 0 7 8.50%
Term Deposit 4 Years 1,480,901 1.4587 2,160,185 10,688 8.50% 633 11,321 9.00%
Term Deposit 5 Years 63,387 1.5397 97,600 483 8.97% 29 511 9.50%
Total Pool Funds 52,462,716 52,216,056 258,346 15,302 273,648

Hypothetical Working by Muhammad Hammad Hanif