ROA

Mari Gas Company Limited 2012 2.3028498112

2013 7.8866197718
2014 20.3354152336
2015 10.5220486984

ROA
Oil & Gas Development Co. Ltd. 2012 37.8913018875
2013 35.2795801073
2014 32.9508696935
2015 31.2033784859

ROA
Pakistan Oilfields Limited 2012 26.3567687931
2013 25.2377580275
2014 26.2154592487
2015 16.1795595157

ROA
Pakistan Petroleum Limited 2012 32.6327603035
2013 33.2897861537
2014 32.2948948926
2015 33.4106170487

ROA
Average of all four copanies 2012 24.7959201988
2013 25.4234360151
2014 27.9491597671
2015 22.8289009372
 ROE EPS DPS Inflation GDP
7.0544902309 5.1495782313 84.2993197279 6 205.9
21.0538289778 18.6091156463 87.5646258503 7 220.3
41.3034297301 69.6710748299 88.1088435374 7.4 236.6
26.1385845411 58.5555646259 87.537414966 4.3 246.8

ROE EPS DPS Inflation GDP

48.504367039 10.6878605559 2.092571455 6 205.9
45.3503104039 10.6093289068 2.092571455 7 220.3
45.3624820194 11.5355542771 2.2088254248 7.4 236.6
44.0192014678 12.9134074866 1.9181905005 4.3 246.8

ROE EPS DPS Inflation GDP

41.9001996019 31.0754478454 76.0951615652 6 205.9
32.4220639927 32.0339678655 76.0951615652 7 220.3
33.9634313334 43.7115668704 81.1681723363 7.4 236.6
21.6634196332 23.7513607296 76.0951679991 4.3 246.8

ROE EPS DPS Inflation GDP

44.3910102729 19.5400513428 13.1229347781 6 205.9
41.8169302044 24.4491845836 16.039161216 7 220.3
45.1442609132 26.1230836732 20.5459795826 7.4 236.6
43.9318505179 33.3830304761 15.665547785 4.3 246.8

ROE EPS DPS Inflation GDP

35.4625167862 16.6132344938 43.9024968816 6 205.9
35.1607833947 21.4253992505 45.4478800217 7 220.3
41.443400999 37.7603199126 48.0079552203 7.4 236.6
33.93826404 32.1508408295 45.3040803126 4.3 246.8
Year Bank Type ROA ROE Inflation
2006 Islamic Banks -2.06 -0.23 24.90
2007 Islamic Banks -0.09 1.31 7.30
2008 Islamic Banks -0.27 -0.09 13.20
2009 Islamic Banks -0.91 -2.35 20.70
2010 Islamic Banks -0.69 -0.02 10.90
2011 Islamic Banks 0.43 6.68 19.60
2012 Islamic Banks 0.31 0.05 6.00
2013 Islamic Banks -0.24 1.09 7.00
2014 Islamic Banks 0.14 5.00 7.40
2006 Conventional Banks -1.15 0.75 24.90
2007 Conventional Banks -2.33 -63.31 7.30
2008 Conventional Banks -1.70 -13.89 13.20
2009 Conventional Banks -1.15 -362.66 20.70
2010 Conventional Banks 0.05 5.71 10.90
2011 Conventional Banks 1.11 10.20 19.60
2012 Conventional Banks 0.73 8.75 6.00
2013 Conventional Banks 0.09 -3.05 7.00
2014 Conventional Banks 0.82 11.35 7.40
 GDP
63.10
107.30
121.40
146.50
162.40
194.30
205.90
220.30
236.60
63.10
107.30
121.40
146.50
162.40
194.30
205.90
220.30
236.60
Random-effects GLS regression Number of obs = 16
Group variable: comp Number of groups = 4

R-sq: within = 0.0000 Obs per group: min = 4

between = 0.0000 avg = 4
overall = 0.2150 max = 4

Wald chi2(2) = 4.75

corr(u_i, X) = 0 (assumed) Prob > chi2 = 0.0931

eps Coef. Std. Err. z P>z [95% Conf. Interval]

inflation 2.746456 3.297874 0.83 0.405 -3.717258 9.210171

gdp .5510341 .2529373 2.18 0.029 .0552861 1.046782
_cons -115.2771 67.89192 -1.70 0.090 -248.3428 17.78864

sigma_u 8.8349452
sigma_e 14.700746
rho .26534567 (fraction of variance due to u_i)
Random-effects GLS regression Number of obs = 16
Group variable: comp Number of groups = 4

R-sq: within = 0.0000 Obs per group: min = 4

between = 0.0000 avg = 4.0
overall = 0.2150 max = 4

Wald chi2(2) = 4.75

corr(u_i, X) = 0 (assumed) Prob > chi2 = 0.0931

------------------------------------------------------------------------------
eps | Coef. Std. Err. z P>|z| [95% Conf. Interval]
-------------+----------------------------------------------------------------
inflation | 2.746456 3.297874 0.83 0.405 -3.717258 9.210171
gdp | .5510341 .2529373 2.18 0.029 .0552861 1.046782
_cons | -115.2771 67.89192 -1.70 0.090 -248.3428 17.78864
-------------+----------------------------------------------------------------
sigma_u | 8.8349452
sigma_e | 14.700746
rho | .26534567 (fraction of variance due to u_i)
------------------------------------------------------------------------------
Inflation, GDP deflator (ann

1990 2006 2007

6.5 24.9 7.3

GDP deflator: linked series (base year varies

1990 2006 2007

20.8 63.1 107.3

2008 2009 2010 2011 2012

13.2 20.7 10.9 19.6 6

2008 2009 2010 2011 2012

121.4 146.5 162.4 194.3 205.9

2013 2014 2015

7 7.4 4.3

2013 2014 2015

220.3 236.6 246.8

 PAID-UP CAPITAL
FACE VALUE
NO. OF SHARE
EQUITY
TOTAL ASSETS
SALES
BANK FINANCIAL CHARGES
PROFIT BEFORE TAX
TAXTION
CASH DIVIDENDS %
STOCK DIVIDENDS %
. xtset, clear

. xtset roa year

panel variable: roa (unbalanced)
time variable: year, 2006 to 2014, but with a gap
delta: 1 unit

. newey roa inflation gdp, lag(0)

Regression with Newey-West standard errors Number of obs = 18

maximum lag: 0 F( 2, 15) = 14.64
Prob > F = 0.0003

------------------------------------------------------------------------------
| Newey-West
roa | Coef. Std. Err. t P>|t| [95% Conf. Interval]
-------------+----------------------------------------------------------------
inflation | .0172972 .0381963 0.45 0.657 -.0641163 .0987108
gdp | .0147348 .0047165 3.12 0.007 .0046818 .0247878
_cons | -2.995461 1.288901 -2.32 0.035 -5.742689 -.2482338
------------------------------------------------------------------------------
. xtset, clear

. xtset roa year

panel variable: roa (unbalanced)
time variable: year, 2006 to 2014, but with a gap
delta: 1 unit

. newey roa inflation gdp, lag(0)

Regression with Newey-West standard errors Number of obs = 18

maximum lag: 0 F( 2, 15) = 14.64
Prob > F = 0.0003

Newey-West
roa Coef. Std. Err. t P>|t| [95% Conf. Interval]

inflation .0172972 .0381963 0.45 0.657 -.0641163 .0987108

gdp .0147348 .0047165 3.12 0.007 .0046818 .0247878
_cons -2.995461 1.288901 -2.32 0.035 -5.742689 -.2482338
gap

ber of obs = 18
2, 15) = 14.64
b > F = 0.0003

[95% Conf. Interval]

-.0641163 .0987108
.0046818 .0247878
-5.742689 -.2482338
. tsset roa year
panel variable: roa (unbalanced)
time variable: year, 2006 to 2014, but
delta: 1 unit

. newey roe inflation gdp, lag(0)

Regression with Newey-West standard errors

maximum lag: 0

Newey-West
roe Coef. Std. Err. t

inflation -3.142956 4.739825 -0.66

gdp -.0012286 .3083459 -0.00
_cons 19.12911 89.6888 0.21
: roa (unbalanced)
: year, 2006 to 2014, but with a gap
: 1 unit

gdp, lag(0)

-West standard errors Number of obs = 18

F( 2, 15) = 0.53
Prob > F = 0.5988

Newey-West
oef. Std. Err. t P>|t| [95% Conf. Interval]

2956 4.739825 -0.66 0.517 -13.24565 6.959742

2286 .3083459 -0.00 0.997 -.6584522 .655995
2911 89.6888 0.21 0.834 -172.038 210.2963
 0
-100
ROE
-200
-300
-400

2006 2008 2010 2012 2014

Year