03-09-2010, 02:09 AM
Dear Mohsin,
Plese check the financial statements of MCB Bank Limited from the website, under the statement of comperihensive income following is dislcosed.
Surplus/ deficit on revaluation of 'Available for sale' securities and 'fixed assets' are presented under a separate head below equity as 'surplus/ deficit on revaluation of assets' in accordance with the requirements specified by the State Bank of Pakistan vide its BSD circular 20 dated 04 August 2000 and BSD circular 10 dated 13 July 2004 and Companies Ordinance, 1984 respectively."
Icremental Depriciation is shown at the end of profit and loss account and befor appropriations
Plese check the financial statements of MCB Bank Limited from the website, under the statement of comperihensive income following is dislcosed.
Surplus/ deficit on revaluation of 'Available for sale' securities and 'fixed assets' are presented under a separate head below equity as 'surplus/ deficit on revaluation of assets' in accordance with the requirements specified by the State Bank of Pakistan vide its BSD circular 20 dated 04 August 2000 and BSD circular 10 dated 13 July 2004 and Companies Ordinance, 1984 respectively."
Icremental Depriciation is shown at the end of profit and loss account and befor appropriations
