Last close · 31 Oct 2024
Rs 1.70 -5.56%
Annual · FY2016 – FY2023
SME Leasing Limited (SLL) income statement
SME Leasing Limited reported revenue of Rs 12.3 mn for FY2023 (Jan – Dec 2023), down 41.2% on FY2022. Finance cost was Rs 35.7 mn, up 51.9% on FY2022. The loss attributable to shareholders was Rs 69.3 mn, or Rs -2.17 per share.
| Rs mn | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12.3 | 21.0 | 21.4 | 21.6 | 26.6 | 31.3 | 26.8 | 34.4 |
| Operating expenses | (42.9) | (48.9) | (36.1) | (43.7) | (44.2) | (43.6) | (40.5) | (38.1) |
| Finance cost | (35.7) | (23.5) | (18.4) | (21.4) | (22.3) | (14.3) | (10.2) | (13.1) |
| Profit before tax | (69.2) | 1.5 | (13.1) | (57.4) | (35.4) | (21.0) | (22.2) | (13.1) |
| Taxation | (0.1) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) |
| Profit after tax | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Profit attributable to shareholders | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Per share | ||||||||
| EPS – basic (Rs) Rs | (2.17) | 0.04 | (0.42) | (1.80) | (1.12) | (0.67) | (0.70) | (0.42) |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Rs mn | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | -41.2% | -1.7% | -1.3% | -18.6% | -15.1% | +16.7% | -22.0% | — |
| Operating expenses | -12.3% | +35.5% | -17.3% | -1.2% | +1.4% | +7.6% | +6.4% | — |
| Finance cost | +51.9% | +28.0% | -14.3% | -3.9% | +56.0% | +40.8% | -22.6% | — |
| Profit before tax | -4,736.6% | — | — | — | — | — | — | — |
| Taxation | -45.7% | -1.8% | -17.4% | +4.5% | -11.5% | +4.9% | +2.5% | — |
| Profit after tax | -5,738.1% | — | — | — | — | — | — | — |
| Profit attributable to shareholders | -5,738.1% | — | — | — | — | — | — | — |
| Per share | ||||||||
| EPS – basic (Rs) | -5,737.8% | — | — | — | — | — | — | — |
| Dividend per share (Rs) | — | — | — | — | — | — | — | — |
Change against the previous fiscal year; shown when the earlier figure is positive.
| Rs mn | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating expenses | (347.6%) | (233.0%) | (169.1%) | (201.8%) | (166.4%) | (139.5%) | (151.2%) | (110.9%) |
| Finance cost | (289.5%) | (112.0%) | (86.0%) | (99.1%) | (84.0%) | (45.7%) | (37.9%) | (38.2%) |
| Profit before tax | (560.7%) | 7.1% | (61.5%) | (265.0%) | (133.1%) | (67.2%) | (82.7%) | (38.0%) |
| Taxation | (1.2%) | (1.3%) | (1.3%) | (1.5%) | (1.2%) | (1.1%) | (1.2%) | (0.9%) |
| Profit after tax | (561.8%) | 5.9% | (62.7%) | (266.5%) | (134.3%) | (68.3%) | (83.9%) | (38.9%) |
| Profit attributable to shareholders | (561.8%) | 5.9% | (62.7%) | (266.5%) | (134.3%) | (68.3%) | (83.9%) | (38.9%) |
Each line as a percentage of revenue.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. Updated 15 Oct 2026.
All reported line items 93
| Rs mn | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|
| Interest & Dividend Income - Finance - Total | 11.4 | 20.9 | 21.3 | 21.6 | 26.5 | 31.2 | 26.7 | 32.5 |
| Interest Income - Loans/Deposits | 5.1 | — | 10.7 | — | — | — | — | — |
| Interest & Dividend Income - Other - Finance | 6.3 | 20.9 | 10.6 | 21.6 | 26.5 | 31.2 | 26.7 | 32.5 |
| Investments & Loans - Business - Gain/(Loss) | — | — | — | — | 0.1 | 0.0 | 0.0 | 1.8 |
| Investment Securities - Business - Gain/(Loss) | — | — | — | — | 0.1 | 0.0 | 0.0 | 1.8 |
| Revenue from Business-Related Activities - Other - Total | 0.9 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 |
| Investment Securities - Business Unclassified - Gain/(Loss) | — | — | — | — | 0.1 | 0.0 | 0.0 | 1.8 |
| Revenue from Business Activities - Total | 12.3 | 21.0 | 21.4 | 21.6 | 26.6 | 31.3 | 26.8 | 34.4 |
| Selling, General & Administrative Expenses - Total | 42.9 | 48.9 | 44.1 | 43.7 | 44.2 | 43.6 | 40.5 | 38.1 |
| Selling, General & Administrative Expenses - Unclassified | 39.6 | 16.4 | 40.5 | 40.1 | 40.7 | 42.1 | 38.8 | 36.2 |
| Depreciation in Selling, General & Administrative Expenses | 3.4 | 32.5 | 3.6 | 3.6 | 3.5 | 1.5 | 1.8 | 1.9 |
| Other Operating Expense/(Income) - Net | — | 0.0 | (8.0) | — | — | — | — | — |
| Operating Expenses - Total | 46.1 | (4.1) | 16.0 | 57.7 | 39.5 | 38.0 | 39.2 | 37.2 |
| Provision & Impairment for Loan Losses | 3.2 | (53.0) | (20.1) | 14.1 | (4.7) | (5.6) | (1.3) | (0.9) |
| Operating Expenses - before Interest Expenses & Provision for Loan Losses - Total | 42.9 | 48.9 | 36.1 | 43.7 | 44.2 | 43.6 | 40.5 | 38.1 |
| Operating Profit before Non-Recurring Income/(Expense) | (33.8) | 25.1 | 5.3 | (36.1) | (12.9) | (6.8) | (12.4) | (2.9) |
| Financing Income/(Expense) - Net - Total | (35.8) | (23.6) | (18.5) | (21.6) | (22.5) | (14.4) | (10.3) | (13.2) |
| Interest Expense - Net of (Interest Income) | 35.7 | 23.5 | 18.4 | 21.4 | 22.3 | 14.3 | 10.2 | 13.1 |
| Interest Expense - Net of Capitalized Interest | 35.7 | 23.5 | 18.4 | 21.4 | 22.3 | 14.3 | 10.2 | 13.1 |
| Operating Provisions - Increase/(Decrease) | — | 0.0 | (8.0) | — | — | — | — | — |
| Non-Interest Financial Income/(Expense) - Total | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.2) | (0.1) |
| Non-Interest Financial Income/(Expense) - Other - Net | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.2) | (0.1) |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | 0.4 | — | 0.0 | 0.3 | 0.0 | 0.2 | 0.5 | 3.1 |
| Normalized Pre-tax Profit | (69.2) | 1.5 | (13.1) | (57.4) | (35.4) | (21.0) | (22.2) | (13.1) |
| Provision for Income Tax Expense- Unclassified | 0.1 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Income before Taxes | (69.2) | 1.5 | (13.1) | (57.4) | (35.4) | (21.0) | (22.2) | (13.1) |
| Income Taxes | 0.1 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Net Income after Tax | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Income before Discontinued Operations & Extraordinary Items | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Net Income before Minority Interest | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Net Income after Minority Interest | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Income Available to Common Shares | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| DPS - Common - Gross - Issue - By Period End Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Income available to Common excluding Extraordinary Items | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Shares used to calculate Basic EPS - Total mn | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | (2.17) | 0.04 | (0.42) | (1.80) | (1.12) | (0.67) | (0.70) | (0.42) |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | (2.17) | 0.04 | (0.42) | (1.80) | (1.12) | (0.67) | (0.70) | (0.42) |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | (2.17) | 0.04 | (0.42) | (1.80) | (1.12) | (0.67) | (0.70) | (0.42) |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Earnings Allocation Factor - Basic - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Basic EPS - Issue Specific mn | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | (2.17) | 0.04 | (0.42) | (1.80) | (1.12) | (0.67) | (0.70) | (0.42) |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | (2.17) | 0.04 | (0.42) | (1.80) | (1.12) | (0.67) | (0.70) | (0.42) |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | (2.17) | 0.04 | (0.42) | (1.80) | (1.12) | (0.67) | (0.70) | (0.42) |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Diluted Income available to Common excluding Extraordinary Items | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Shares used to calculate Diluted EPS - Total mn | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | (2.17) | 0.04 | (0.42) | (1.80) | (1.12) | (0.67) | (0.70) | (0.42) |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | (2.17) | 0.04 | (0.42) | (1.80) | (1.12) | (0.67) | (0.70) | (0.42) |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | (2.17) | 0.04 | (0.42) | (1.80) | (1.12) | (0.67) | (0.70) | (0.42) |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Earnings Allocation Factor - Diluted - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Diluted EPS - Issue Specific mn | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 | 32.0 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | (2.17) | 0.04 | (0.42) | (1.80) | (1.12) | (0.67) | (0.70) | (0.42) |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | (2.17) | 0.04 | (0.42) | (1.80) | (1.12) | (0.67) | (0.70) | (0.42) |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | (2.17) | 0.04 | (0.42) | (1.80) | (1.12) | (0.67) | (0.70) | (0.42) |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | (33.8) | 25.1 | 5.3 | (36.1) | (12.9) | (6.8) | (12.4) | (2.9) |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | (29.8) | 28.7 | 8.9 | (32.5) | (9.3) | (5.0) | (10.4) | (0.8) |
| Depreciation & Amortization - Supplemental | 4.0 | 3.6 | 3.6 | 3.6 | 3.5 | 1.5 | 1.7 | 1.9 |
| Depreciation Expense - Total - Supplemental | 4.0 | 3.6 | 3.6 | 3.6 | 3.4 | 1.3 | 1.5 | 1.8 |
| Depreciation - Financial Lease Right-of-Use Assets - Supplemental | 2.3 | 2.9 | 2.9 | 2.8 | 2.7 | — | — | — |
| Amortization - Total - Supplemental | — | — | — | 0.0 | 0.1 | 0.2 | 0.2 | 0.2 |
| Intangible Amortization - Other - Supplemental | — | — | — | 0.0 | 0.1 | 0.2 | 0.2 | 0.2 |
| Depreciation, Depletion & Amortization - Total | 4.0 | 3.6 | 3.6 | 3.6 | 3.6 | 1.7 | 2.0 | 2.1 |
| Depreciation - Total | 4.0 | 3.6 | 3.6 | 3.6 | 3.5 | 1.5 | 1.8 | 1.9 |
| Amortization of Intangible Assets excluding Goodwill - Total | — | — | — | 0.0 | 0.1 | 0.2 | 0.2 | 0.2 |
| Normalized after Tax Profit | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Normalized Net Income from Continuing Operations | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Normalized Net Income - Bottom Line | (69.3) | 1.2 | (13.4) | (57.7) | (35.7) | (21.4) | (22.5) | (13.4) |
| Earnings before Interest & Taxes (EBIT) - Normalized | (33.5) | 25.0 | 5.2 | (35.9) | (13.1) | (6.7) | (12.0) | 0.1 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | (29.5) | 28.6 | 8.8 | (32.3) | (9.5) | (5.0) | (10.0) | 2.2 |
| Depreciation of Financial Lease Right-of-Use Assets | 2.3 | 2.9 | 2.9 | 2.8 | 2.7 | — | — | — |
| Interest Expense on Financial Lease Liabilities - Supplemental | 0.5 | 0.9 | — | — | — | — | — | — |
| Interest Expense | 35.7 | 23.5 | 18.4 | 21.4 | 22.3 | 14.3 | 10.2 | 13.1 |
| Revenue after Loan Provisions - Net - Finance | 8.2 | 73.9 | 41.4 | 7.5 | 31.2 | 36.8 | 28.0 | 33.4 |
| Operating Expenses | 46.1 | (4.1) | 16.0 | 57.7 | 39.5 | 38.0 | 39.2 | 37.2 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 42.9 | 48.9 | 44.1 | 43.7 | 44.2 | 43.6 | 40.5 | 38.1 |
| Income before Taxes & Provision for Loan Losses | (66.0) | (51.5) | (33.2) | (43.3) | (40.1) | (26.6) | (23.5) | (13.9) |
| DPS - Common - Gross - Issue - By Payable Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | — | 20.6 | — | — | — | — | — | — |
| Operating Expenses excluding Non-Cash Charges - Total | 42.1 | (7.7) | 12.4 | 54.2 | 35.9 | 36.3 | 37.2 | 35.2 |
| Revenue Net of Interest Expense Before Loan Loss Provision | 12.3 | 21.0 | 21.4 | 21.6 | 26.6 | 31.3 | 26.8 | 34.4 |
| Income from Earning Assets | 11.4 | 20.9 | 21.3 | 21.6 | 26.6 | 31.2 | 26.7 | 34.3 |
| Income Available to Common Shares before Depreciation & Amortization | (65.4) | 4.8 | (9.8) | (54.1) | (32.1) | (19.6) | (20.5) | (11.3) |
| Fixed Charges | 35.7 | 23.5 | 18.4 | 21.4 | 22.3 | 14.3 | 10.2 | 13.1 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.35× | 0.30× | 0.30× | 0.31× | 0.32× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 8 periods; the table above goes back further.