Implementation of Performance Evaluation System for Equity Investment Abroad

Performance Evaluation
System for Investment
Abroad
User Manual 1.0
Prepared by:
Exchange Policy Department

Performance Evaluation System for Investment Abroad State Bank of Pakistan 1
Table of Contents

ACRONYMS, Abbreviations and Definitions.................................................................................................... 2
Project Background & Overview...................................................................................................................... 3
Data File Structures...........................................................................................................................................4
3.1. Designation of Authorized Dealers under Category A1, A2, B & D .................................................4
3.2. Equity Investment Abroad Approvals under Category A1, A2 & B ................................................. 5
3.2.1. Projected Details of Investee Company ........................................................................................ 9
3.2.2. Details of Shareholders in Resident Companies under Category A1, A2 & B .............................10
3.3. Equity Investment Abroad Approvals under Category C................................................................11
3.3.1. Projected Details of Investee Company.......................................................................................15
3.4. ESOP Approvals under Category –D...............................................................................................16
3.4.1. Employees Details of ESOP Approvals under Category – D........................................................18
3.5. Portfolio Investment/Sweat Equity Approvals under Category-D................................................19
3.6. Remittance Approval against already approved EIA cases under Category C.............................21
3.7. Outward Remittances under Category A1, A2, B & C & D............................................................. 23
3.8. Details of Entities Established/Acquired under the Approval under Category A1, A2, B & C...... 25
3.9. Inward Remittances under Category A1, A2, B, C & D .................................................................. 26
3.10. Financial Performance .................................................................................................................. 27
3.10.1. Details of Shareholders in Investee Companies under Category A1, A2, B & C ....................... 29
Procedure for Obtaining Investee Company Code ....................................................................................... 30
Responsibilities of Authorized Dealers and Designated Authorized Dealers .............................................. 30

Performance Evaluation System for Investment Abroad State Bank of Pakistan 2

ACRONYMS, Abbreviations and Definitions
Sr. no. ACRONYMS/ Words Definitions & Explanations 1 CNIC Computerized National Identity Card of Investor or Shareholders of investing/investee entity as the case may be 2 ECC Economic Coordination Committee of the Federal Cabinet 3 EPD Exchange Policy Department 4 EIA Equity Investment Abroad 5 FERA Foreign Exchange Regulation Act, 1947 6 ESOP Employees Stock Option Plans 7 DAP Data Acquisition Portal of State Bank of Pakistan 8 Designated Authorized Dealer A bank designated by SBP under Category A1, A2, B & D of Equity Investment Abroad Policy to process EIA transactions 9 DFS Data File Structure 10 HoldCo Holding Company formed under Category B of EIA policy 11 Investee Company Company in which investment is made by the applicant 12 NTN National Tax Number of Investing Entity 13 OpCo Operating Company as referred in Category B of EIA policy 14 Portfolio Investment Investment in listed shares under Category D of the policy 15 RAS SBP’s Regulatory Approval System 16 Resident Company Code Code of the applicant company available on DAP 17 SBLC Standby Letter of Credit 18 SBP State Bank of Pakistan 19 SPV Special Purpose Vehicle 20 Sweat Equity Shares acquired against services rendered under Category D of EIA policy

Performance Evaluation System for Investment Abroad State Bank of Pakistan 3
2. Project Background & Overview
Exchange Policy Department (EPD), one of the core departments of State Bank, is responsible for regulating Pakistan’s foreign exchange regime. The department is engaged in process of exchange policy formulation and implementation to bring the country’s foreign exchange regime in line with Federal Government’s and SBP’s policies. The Exchange Policy Department, being part of the Banking Policy and Regulations Group, reviews the existing rules and regulations on continuous basis to facilitate foreign exchange activities in the country. Foreign exchange business in Pakistan is governed / regulated under Foreign Exchange Regulation Act, 1947 (FERA, 1947). Foreign Exchange Manual outlines the rules and regulations governing foreign exchange business in the country for the guidance of Authorized Dealers (ADs), and general public including local/ foreign investors as well as other stakeholders. The changes in instructions/ policies/ procedures are brought through F.E. Circulars/ Circular Letters issued by EPD. The Investment Abroad and Commercial Remittance Division of EPD has a mandate for the implementation/ compliance of the government policies relating to current & capital account transactions. The capital account transactions include Equity Investment Abroad (EIA) by domestic corporates, FIs & individuals [through Employees Stock Option Plans (ESOP), investment in listed shares and sweat equity]. Recently, with the approval from Federal Government, EPD, vide circular # 01 dated July 11, 2024, issued revised policy on EIA, as contained in Para 13, Chapter 20 of Foreign Exchange Manual, under which the resident individuals and companies can undertake EIA transactions under following five categories:
i. Category-A1: Establishment of subsidiary/branch/liaison/marketing office abroad by companies
operating in the IT sector.
ii. Category-A2: Establishment of subsidiary/branch/liaison/marketing office abroad by companies
(other than companies in the IT sector) for promoting exports.
iii. Category-B: Establishment of Holding Company (HoldCo) abroad by resident companies for raising
capital from abroad.
iv. Category-C: Investment abroad by resident companies for expansion of business.
v. Category-D: Investment abroad by Resident Individuals
While function of approving EIA transactions under category “A1”, “A2”, “B” & “D” has been delegated to ADs subject to obtaining SBP’s acknowledgment of designation of bank and observing the relevant instructions, the function of approving the EIA proposals under category “C” resides with SBP. Further, the function of approving EIA transactions from ESFCA under category A1 & A2 has also been delegated to ADs subject to observance of relevant instructions. Nevertheless, the ADs are under obligation to maintain record of proposals approved either by them or SBP in both soft and hard form. Additionally, the EIA policy mandates that Designated ADs/ADs retain records of post-approval activities, such as funds remitted by the applicant, details of entities established or acquired abroad, and the repatriation of profit, dividends, royalties to Pakistan, among other relevant transactions. The EIA policy also obligates Designated ADs/ADs to assess the performance of entities formed or acquired abroad on an annual basis. This evaluation includes a review of key financial indicators and an analysis of the benefits these entities provide to Pakistan's economy, particularly in terms of the repatriation of profit, dividends, and royalties. While Designated ADs/ADs are currently maintaining manual record of pre and post EIA approval activities, it has been decided to create a central repository, in parallel, at SBP where data related to all such activities can be captured in soft form. The repository has been named as “Performance Evaluation System for Investment Abroad (PESIA)” in which banks are required to upload data of various EIA approval activities on different Data File Structures (DFS) systematically through Data Acquisition Portal (DAP) on the prescribed frequency. DAP users of banks can access the relevant portal, by logging in with their existing DAP credentials, at the following link:

Performance Evaluation System for Investment Abroad State Bank of Pakistan 4 https://daplive.sbp.org.pk/ Moreover, the DAP users can download all the DFS (MS Excel Files) by using following navigation within DAP:
Click “Knowledge Centre” and then click “Acquired Data”. On the “Acquired Data” page, please select “Equity Investment Abroad” from the list of values contained in “Business Area” tab. On “Equity Investment Abroad” page, please select the relevant DFS and download it in MS Excel format by expanding the section “List of Documents”.
3. Data File Structures
The Designated ADs/ADs shall report data of EIA approval activities carried out during a month, in respect of DFS no. 1 to 9 through DAP latest by 5th working day of the following month. As regards reporting on DFS No. 10, Designated ADs/ADs shall report data on annual basis within three months of the close of financial year of investee entity:
Sr.# Name of DFS Frequency Type
Designation of Authorized Dealers under Category A1, A2, B & D Monthly Transactional data In bulk mode 2 Equity Investment Abroad Approvals under Category A1, A2, B 3 Equity Investment Abroad Approvals under Category C 4 ESOP Approvals under Category –D 5 Portfolio Investment/Sweat Equity Approvals under Category-D Remittance Approval against already approved EIA cases under Category C 7 Outward Remittance under Category A1, A2, B, C & D Details of Entities Established/Acquired under the Approval Under Category A1, A2, B & C 9 Inward Remittance under Category A1, A2, B, C & D 10 Financial Performance of Investee Companies Annual For guidance of users, brief detail of each DFS along with data format is given below:
3.1. Designation of Authorized Dealers under Category A1, A2, B & D
All data pertaining to the designation of ADs would be reported by Designated ADs through this DFS on monthly basis. Moreover, EIA transactions allowed from ESFCA under category A1 & A2 and filed on
appendix V-150 to SBP would also be reported on this DFS on monthly basis. While reporting such
transactions, the bank shall write “V-150” in the Remarks/Comments column. The variables/attributes for this DFS and related logics are explained below for the guidance of users:
DFS Variables/Attributes:
Sr. #
Variable with
Description (where applicable)
Data Type Optional/
Mandatory Particulars
Type Alphanumeric Mandatory Select from dropdown list either ‘Company’ or ‘Individual’

Performance Evaluation System for Investment Abroad State Bank of Pakistan 5 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars This variable defines the applicant type ‘Company’ or ‘Individual’ on whose behalf bank has been designated. Resident Company Code Alphanumeric Optional This variable is mandatory if value of Type variable is selected as ‘Company’. Code to be validated with master data of Investor/Resident Companies available on DAP. CNIC or NTN of Applicant Alphanumeric Mandatory Enter CNIC no. in format 99999- 9999999-9 if the applicant is individual or NTN no. in format 9999999-9 if the applicant is a company. 4 Name of Applicant Alphanumeric Mandatory Please enter name, address and email of the applicant company or individual, as the case may be 5 Address of Applicant Alphanumeric Mandatory Email Address of Applicant Alphanumeric Mandatory 7 Designated Bank Code Numeric Mandatory Code to be validated with master data of Banks available on DAP. 8 Designated Branch Code Numeric Mandatory Code to be validated with master data of Bank Branches available on DAP. Purpose of Designation Alphanumeric Mandatory Select the purpose of designation from the following dropdown list:
i. Designation for Category A1.
ii. Designation for Category A2.
iii. Designation for Category B.
iv. Designation for Category D.
SBP RAS Case Number
(For Acknowledgement of Designation) Alphanumeric Mandatory RAS Case No. shall be used as a validation key for subsequent DFS pertaining to Investment under Category A1, A2, B & D (DFS no. 2,4,5,7-10) Format to be followed for Case Number is “SBPHOK-EPD-INVTCRABC-71758” where “ABC” is the abbreviation of bank name and “71758” is the case number assigned by RAS. Date of SBP Acknowledgment Date Mandatory Format YYYY-MM-DD. Example: 2024- 06-30 for June 30, 2024. Future date is not acceptable. 12 Remarks/Comments Alphanumeric Optional Please mention remarks/comments if any.
3.2. Equity Investment Abroad Approvals under Category A1, A2 & B
All data pertaining to equity investment abroad approvals under category A1, A2 & B would be reported by Designated ADs through this DFS on monthly basis. The variables/attributes for this DFS and related logics are explained below for the guidance of users.

Performance Evaluation System for Investment Abroad State Bank of Pakistan 6 DFS Variables/Attributes:
Sr. #
Variable with
Description (where applicable)
Data Type Optional/
Mandatory Particulars
1 SBP RAS Case Number
(For Acknowledgement of Designation) Alphanumeric Mandatory SBP RAS Case no. for Acknowledgment of Designation. System shall validate the case with case number mentioned in DFS No. 2 SBP RAS Case Approval Date Date Mandatory Format YYYY-MM-DD Example:
2024-06-30 for June 30, 2024.
Future date is not acceptable.
3 Category of Investment
(Entity)
Alphanumeric Mandatory Select the Category of Investment (Entity) from the following drop down list:
i. Category A1
ii. Category A2
iii. Category B
4 Initial Correspondence
Date
Date Optional Format YYYY-MM-DD Example:
2024-06-30 for June 30, 2024.
Future date is not acceptable
5 Last Correspondence
Date
Date Optional Format YYYY-MM-DD Example:
2024-06-30 for June 30, 2024.
Future date is not acceptable
6 Resident Company Code
(i.e. Investor Company of
Pakistan)
Alphanumeric Mandatory Code to be validated with master data of Resident Companies available on DAP. 7 Investee Company Code (i.e. Company where investment is made) Alphanumeric Mandatory Code to be validated with master data of Investee Companies available on DAP. EPD shall issue Investee Company Code on the request of Banks, the procedure of which is mentioned at Page no. 31 8 Sector of Investment Alphanumeric Mandatory Select the Sector of Investment from the following dropdown list:
i. Banking
ii. Construction
iii. Educational Services
iv. Energy
v. Financial Services
vi. Food
vii. Health
viii. Hospitality
ix. Insurance
x. IT Services
xi. Manufacturing
xii. Textile
xiii. Trading
xiv. Others

Performance Evaluation System for Investment Abroad State Bank of Pakistan 7 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 9 Country of Investment Alphanumeric Mandatory Select the relevant country code from given drop down list. The code of each country can be verified from the reference sheet. 10 First Time Investment (i.e. Fresh Investment or Multiple Investments) Alphanumeric Mandatory Enter either ‘Yes’ or ‘No’. 11 Investment Types (Entity) Alphanumeric Mandatory Select the Investment Types (Entity) from the following dropdown list:
i. Subsidiary
ii. Branch Office
iii. Liaison Office
iv. Marketing Office
v. Holding Company
12 Permission Granted for
(i.e. permission granted for either establishment or acquisition of the company) Alphanumeric Mandatory Enter either ‘Establishment’ or ‘Acquisition’. 13 Currency Alphanumeric Mandatory Select the relevant currency code from given drop down list. The code of each currency can be verified from the reference sheet. This variable is mandatory if value of Permission Granted For variable is selected as ‘Acquisition’. 14 Valuation of Investee Company (in case of company acquisition) Numeric Optional This variable is mandatory if value of Permission Granted for variable is selected as ‘Acquisition’. It is positive numeric value with up to two decimal places. 15 Name of Valuator Alphanumeric Mandatory This variable is mandatory if value of Permission Granted For variable is selected as ‘Acquisition’. 16 Any Remittance Approved Alphanumeric Mandatory Enter either ‘Yes’ or ‘No’. 17 Amount of Remittance Approved Numeric Optional This variable is mandatory if value of Any Remittance Approved variable is selected as ‘Yes’. 18 Currency (of Remittance) Alphanumeric Optional Select the relevant currency code from given drop down list. The code of each currency can be verified from the reference sheet. This variable is mandatory if value of Any Remittance Approved variable is selected as ‘Yes’.

Performance Evaluation System for Investment Abroad State Bank of Pakistan 8 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 19 Equivalent USD (of remittance approved) Numeric Optional This variable is mandatory if value of Any Remittance Approved variable is selected as ‘Yes’. It is positive numeric value with up to two decimal places. 20 Remittance Schedule (in case of high value remittance amount) Alphanumeric Optional This variable is mandatory if value of Any Remittance Approved variable is selected as ‘Yes’. 21 Source of Remittance Alphanumeric Optional This variable is mandatory if value of Any Remittance Approved variable is selected as ‘Yes’. Select the Sources of Remittance from the following dropdown list:
i. Interbank
ii. Special Foreign Currency
Account
22 Average Annual Export
Earnings of last three calendar years (In Equivalent USD) Numeric Optional This variable is mandatory if selection of Category of Investment (Entity) field is “Category A1 or Category A2” 23 Any Guarantee/SBLC Allowed Alphanumeric Mandatory Enter either ‘Yes’ or ‘No’ 24 Type of Guarantee Alphanumeric Optional This variable is mandatory if value of Any Guarantee/SBLC Allowed variable is selected as ‘Yes’. 25 Amount of Guarantee/SBLC Numeric Optional This variable is mandatory if value of Any Guarantee/SBLC Allowed variable is selected as ‘Yes’. It is positive numeric value with up to two decimal places. 26 Currency (Guarantee/SBLC) Alphanumeric Optional Code to be validated with master data of Currencies available on DAP. This variable is mandatory if value of Any Guarantee/SBLC Allowed variable is selected as ‘Yes’. 27 Equivalent USD (Guarantee/SBLC) Numeric Optional This variable is mandatory if value of Any Guarantee/SBLC Allowed variable is selected as ‘Yes’. It is positive numeric value with up to two decimal places. 28 Detail of Beneficiary of Guarantee Alphanumeric Optional This variable is mandatory if value of Any Guarantee/SBLC Allowed variable is selected as ‘Yes’. 29 Expiry Date of Guarantee Date Optional This variable is mandatory if value of Any Guarantee/SBLC Allowed variable is selected as ‘Yes’

Performance Evaluation System for Investment Abroad State Bank of Pakistan 9 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 30 Names, CNICs and Percentages of shareholding of Founders in OpCo and HoldCo Alphanumeric Optional This variable is mandatory if selection of Category of Investment (Entity) field is “Category B”. 31 Remarks/Comments Alphanumeric Optional Please mention remarks/comments if any.
3.2.1. Projected Details of Investee Company
Following Variables/attributes will be used as interlinked DFS of DFS ‘Equity Investment Abroad Approvals under Category A1 and A2 and B. Variables/Attributes:
Sr. #
Variable with
Description (where applicable)
Data Type Optional/
Mandatory Particulars
1 Category of Investment Alphanumeric Mandatory Select the Category of Investment (Entity) from the following drop down list:
i. Category A1
ii. Category A2
iii. Category B
2 SBP RAS Case Number
(For Acknowledgement of Designation) Alphanumeric Mandatory Value of this variables is validated and matched jointly with DFS ‘Equity Investment Abroad Approvals under Category A1, A2 & B’ 3 Resident Company Code Alphanumeric Mandatory Code to be validated with master data of Resident Companies available on DAP. 4 Year of Investment Date Mandatory Format YYYY-MM-DD-MM-DD Example: 2020-01-31 for year 2020. 5 Year of Projection Date Mandatory Format YYYY-MM-DD. Example:
2020-01-31 for year 2020.
6 Currency
(in which key financial indicators have been projected) Alphanumeric Mandatory Select the relevant currency code from given drop down list. The code of each currency can be verified from the reference sheet. 7 Projected Sales Numeric Mandatory Positive numeric value with up to two decimal places. 8 Projected Gross Profit/Loss Numeric Mandatory Numeric value with up to two decimal places. 9 Projected Profit/Loss after tax Numeric Mandatory Numeric value with up to two decimal places. 10 Projected Dividend Numeric Mandatory Positive numeric value with up to two decimal places.

Performance Evaluation System for Investment Abroad State Bank of Pakistan 10 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 11 Projected Assets Numeric Mandatory Positive numeric value with up to two decimal places. 12 Projected Equity Numeric Mandatory Positive numeric value with up to two decimal places. 13 Pay Back Period Numeric Mandatory Positive numeric value with up to two decimal places. This number shall represent the payback period in years. E.g. 1.5 for 18 months 14 Number of jobs to be created for Pakistani individuals Numeric Mandatory Positive numeric value 15 Remarks/Comments Alphanumeric Optional Please mention remarks/comments if any. The above DFS will be filled by user for Investment under Category A1, A2 and B for each year separately for which figures have been projected.
3.2.2. Details of Shareholders in Resident Companies under Category A1, A2 & B
Following Variables/attributes will be used as interlinked DFS of DFS ‘Equity Investment Abroad Approvals under Category A1, A2 and B. Variables/Attributes:
Sr. #
Variable with
Description (where applicable)
Data Type Optional/
Mandatory Particulars
1 Category
(Category of
Investment)
Alphanumeric Mandatory Select the Category of Investment (Entity) from the following drop down list:
i. Category A1
ii. Category A2
iii. Category B
2 SBP RAS Case Number
(For Acknowledgement of Designation) Alphanumeric Mandatory Value of this variable is validated and matched jointly with DFS ‘Equity Investment Abroad Approvals under Category A & B’ 3 Resident Company Code Alphanumeric Mandatory Code to be validated with master data of Resident Companies available on DAP. 4 Name of Shareholder Alphanumeric Mandatory Enter Name of Shareholder CNIC Number of Shareholder Numeric Mandatory Enter CNIC no. in format 99999- 9999999-9 or NTN no. in format 9999999-9, as the case may be. Percentage of Shareholding (of an individual in this entity) Numeric Mandatory Positive numeric value with up to two decimal places.

Performance Evaluation System for Investment Abroad State Bank of Pakistan 11 Note: The above DFS will be filled for Investment under Category A1, A2 and B for each shareholder in resident company separately.
3.3. Equity Investment Abroad Approvals under Category C
All data pertaining to equity investment abroad approvals under category C would be uploaded by ADs through this DFS on monthly basis. The variables/attributes for this DFS and related logics are explained below for the guidance of users. DFS Variables/Attributes:
Sr. #
Variable with
Description (where applicable)
Data Type Optional/
Mandatory Particulars
Category
(Category of
Investment)
Alphanumeric Mandatory Select Category C from following dropdown list:
i. Category A1
ii. Category A2
iii. Category B
iv. Category C
v. Category D
Approval Letter # or SBP
RAS Case Number
(Approval Letter No. for cases prior to issuance of revised policy i.e. prior to February 10, 2021 and SBP RAS Case no. for cases approved after February 10, 2021) Alphanumeric Mandatory The value of this variable shall be used as a validation key for DFS no. 6 to 10 Approval Letter Date or SBP RAS Case Approval Date Date Mandatory Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.
Initial Correspondence
Date
Date Optional Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.
Last Correspondence
Date
Date Optional Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.
Resident Company Code
(Investor Company of
Pakistan)
Alphanumeric Mandatory Code to be validated with master data of Resident Companies available on DAP. Investee Company Code (i.e. Company where investment is made) Alphanumeric Mandatory Code to be validated with master data of Investee Companies available on DAP. EPD shall issue Investee Company Code on the request of Banks, the procedure of which is mentioned at Page no. 31

Performance Evaluation System for Investment Abroad State Bank of Pakistan 12 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars Sector of Investment Alphanumeric Mandatory Select the Sector of Investment from the following dropdown list:
i. Banking
ii. Construction
iii. Educational Services
iv. Energy
v. Financial Services
vi. Food
vii. Health
viii. Hospitality
ix. Insurance
x. IT Services
xi. Manufacturing
xii. Textile
xiii. Trading
xiv. Others
Country of Investment Alphanumeric Mandatory Select the relevant country code from given drop down list. The code of each country can be verified from the reference sheet. 10 First Time Investment Alphanumeric Mandatory Enter either ‘Yes’ or ‘No’. 11 Previous Approval # Alphanumeric Optional This variable is mandatory if value of Fresh Investment is selected as ‘No.’ 12 Previous Approval Date (in case of multiple investment) Date Optional This variable is mandatory if value of Fresh Investment is selected as ‘No’. Format YYYY-MM-DD Example: 2020-01-01 for January 1,
2020. Future date is not acceptable.
13 Investment Types
(Equity)
Alphanumeric Mandatory Select the Investment Types (Entity) from the following dropdown list:
i. Subsidiary
ii. Branch Office
iii. Liaison Office
iv. Marketing Office
v. Holding Company
14 Permission Granted for Alphanumeric Mandatory Enter either ‘Establishment’ or ‘Acquisition’. 15 Establishment of SPV (If company established as special purpose of vehicle (SPV)) Alphanumeric Mandatory Enter either ‘Yes’ or ‘No’. 16 Name of SPV Alphanumeric Optional This variable is mandatory if value of Establishment of SPV variable is selected as ‘”YES”.

Performance Evaluation System for Investment Abroad State Bank of Pakistan 13 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 17 Address of SPV Alphanumeric Optional This variable is mandatory if value of Establishment of SPV variable is selected as ‘”Yes”. 18 Country of SPV Alphanumeric Optional This variable is mandatory if value of Establishment of SPV variable is selected as ‘Yes’. Select the relevant country code from given drop down list. The code of each country can be verified from the reference sheet. 19 Valuation of Investee Company (in case if company is acquired.) Numeric Optional This variable is mandatory if value of Permission Granted for variable is selected as ‘Acquisition’. It is positive numeric value with up to two decimal places. 20 Any Remittance Approved Alphanumeric Mandatory Enter either ‘Yes’ or ‘No’. 21 Amount of Remittance Approved Numeric Optional This variable is mandatory if value of Any Remittance Approved variable is selected as ‘Yes’. It is positive numeric value with up to two decimal places. 22 Currency (Remittance) Alphanumeric Optional This variable is mandatory if value of Any Remittance Approved variable is selected as ‘Yes’. Select the relevant currency code from given drop down list. The code of each currency can be verified from the reference sheet. 23 Equivalent USD (Remittance) Numeric Optional This variable is mandatory if value of Any Remittance Approved variable is selected as ‘Yes’. It is positive numeric value with up to two decimal places. 24 Remittance Schedule (in case of high value remittance amount) Alphanumeric Optional This variable is mandatory if value of Any Remittance Approved variable is selected as ‘Yes’. 25 Source of Remittance Alphanumeric Optional This variable is mandatory if value of Any Remittance Approved variable is selected as ‘Yes’. Select the Sources of Remittance from the following dropdown list:
i. Interbank
ii. Special Foreign Currency
Account
26 Any Guarantee/SBLC
Allowed
Alphanumeric Mandatory Enter either ‘Yes’ or ‘No’ 27 Type of Guarantee Alphanumeric Optional This variable is mandatory if value of Any Guarantee/SBLC Allowed variable is selected as ‘Yes’. Select

Performance Evaluation System for Investment Abroad State Bank of Pakistan 14 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars the Types of Guarantee from the list given below:
i. Bank
ii. Corporate
28 Amount of
Guarantee/SBLC
Numeric Optional This variable is mandatory if value of Any Guarantee/SBLC Allowed variable is selected as ‘Yes’. It is positive numeric value with up to two decimal places. 29 Currency (Guarantee/SBLC) Alphanumeric Optional This variable is mandatory if value of Any Guarantee/SBLC Allowed variable is selected as ‘Yes’. Select the relevant currency code from given drop down list. The code of each currency can be verified from the reference sheet. 30 Equivalent USD (Guarantee/SBLC) Numeric Optional This variable is mandatory if value of Any Guarantee/SBLC Allowed variable is selected as ‘Yes’. It is positive numeric value with up to two decimal places. 31 Detail of Beneficiary of Guarantee Alphanumeric Optional This variable is mandatory if value of Any Guarantee/SBLC Allowed variable is selected as ‘Yes’. 32 Expiry of Guarantee Date Optional This variable is mandatory if value of Any Guarantee/SBLC Allowed variable is selected as ‘Yes’. 33 Any Export of Machinery Allowed Alphanumeric Mandatory Enter either ‘Yes’ or ‘No’. 34 Particulars of Machinery Alphanumeric Optional This variable is mandatory if value of Any Export of Machinery Allowed variable is selected as ‘Yes’. 35 Invoice Amount of Machinery Numeric Optional This variable is mandatory if value of Any Export of Machinery Allowed variable is selected as ‘Yes’. It is positive numeric value with up to two decimal places. 36 Valuation Amount Numeric Optional This variable is mandatory if value of Any Export of Machinery Allowed variable is selected as ‘Yes’. It is positive numeric value with up to two decimal places. 37 Currency (Export of Machinery) Alphanumeric Optional This variable is mandatory if value of Any Export of Machinery Allowed variable is selected as ‘Yes’. Select the relevant currency code from given drop down list. The code of each currency can be verified from the reference sheet.

Performance Evaluation System for Investment Abroad State Bank of Pakistan 15 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 38 Equivalent USD (Export of Machinery) Numeric Optional This variable is mandatory if value of Any Export of Machinery Allowed variable is selected as ‘Yes’. It should be positive numeric value with up to two decimal places. 39 Name of Valuator (PBA Approved) Alphanumeric Optional This variable is mandatory if value of Any Export of Machinery Allowed variable is selected as ‘Yes’. 40 Case Approved by (i.e. Approving authority of case) Alphanumeric Mandatory Enter either ‘SBP’ or ‘ECC’ 41 Remarks/Comments Alphanumeric Optional Please mention remarks/comments if any.
3.3.1. Projected Details of Investee Company
Following Variables/attributes will be used as interlinked DFS of DFS ‘Equity Investment Abroad Approvals under Category C. Variables/Attributes:
Sr. #
Variable with
Description (where applicable)
Data Type Optional/
Mandatory Particulars
1 Category
(Category of
Investment)
Alphanumeric Mandatory Select Category C from following dropdown list:
i. Category A1
ii. Category A2
iii. Category B
iv. Category C
v. Category D
2 Approval Letter # or SBP
RAS Case Number
(Approval Letter No. for cases prior to issuance of revised policy i.e. prior to February 10, 2021 and SBP RAS Case no. for cases approved after February 10, 2021) Alphanumeric Approval Letter # or SBP RAS Case Number Value of this variable is validated and matched jointly with DFS ‘Equity Investment Abroad Approvals under Category C’ 3 Resident Company Code Alphanumeric Mandatory Code to be validated with master data of Resident Companies available on DAP. 4 Currency Alphanumeric Mandatory Select the relevant currency code from given drop down list. The

Performance Evaluation System for Investment Abroad State Bank of Pakistan 16 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars (in which amount of remittance approved) code of each currency can be verified from the reference sheet. 5 Year of Investment Date Mandatory Format YYYY-MM-DD. Example:
2020-01-31 for year 2020.
6 Year of Projection Date Mandatory Format YYYY-MM-DD. Example:
2020-01-31 for year 2020.
7 Projected Sales Numeric Mandatory Positive numeric value with up to two decimal places. 8 Projected Gross Profit/Loss Numeric Mandatory Numeric value with up to two decimal places. 9 Projected Profit/Loss after tax Numeric Mandatory Numeric value with up to two decimal places. 10 Projected Dividend Numeric Mandatory Positive numeric value with up to two decimal places. 11 Projected Assets Numeric Mandatory Positive numeric value with up to two decimal places. 12 Projected Equity Numeric Mandatory Positive/Negative numeric value with up to two decimal places. 13 Pay Back Period Numeric Mandatory Positive numeric value with up to two decimal places. 14 Number of jobs to be created for Pakistani individuals Numeric Mandatory Positive numeric 15 Remarks/Comments Alphanumeric Optional Please mention remarks/comments if any. The above DFS will be filled by user for Investment under Category C for each year separately for which figures have been projected.
3.4. ESOP Approvals under Category –D
All data pertaining to ESOP approvals under Category-D would be reported by banks through this DFS on monthly basis. The variables/attributes for this DFS and related logics are explained below for the guidance of users. DFS Variables/Attributes:
Sr. #
Variable with
Description (where applicable)
Data Type Optional/
Mandatory Particulars
1 SBP RAS Case Number
(For Acknowledgement of Designation) Alphanumeric Mandatory SBP RAS Case no. for Acknowledgment of Designation to be validated with case number mentioned in DFS No. 1 2 SBP RAS Case Approval Date Date Mandatory Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.
3 Initial Correspondence
Date
Date Optional Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.

Performance Evaluation System for Investment Abroad State Bank of Pakistan 17 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 4 Last Correspondence Date Date Optional Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.
5 Resident Company Code Alphanumeric Mandatory Code to be validated with master data of Resident Companies available on DAP. 6 Total Number of Employees (Total number of employees on behalf of whom investment is made) Numeric Mandatory Positive whole number. 7 Investee Company Code Alphanumeric Mandatory Code to be validated with master data of Investee Companies available on DAP. EPD shall issue Investee Company Code on the request of Banks, the procedure of which is mentioned at Page no. 31 8 Sector of Investment Alphanumeric Mandatory Select the Sector of Investment from the following dropdown list:
i. Banking
ii. Construction
iii. Educational Services
iv. Energy
v. Financial Services
vi. Food
vii. Health
viii. Hospitality
ix. Insurance
x. IT Services
xi. Manufacturing
xii. Textile
xiii. Trading
xiv. Others
9 Country of Investment Alphanumeric Mandatory Select the relevant country code from given drop down list. The code of each country can be verified from the reference sheet. 10 Status of Investee Company (Either the company is listed or un-listed) Alphanumeric Mandatory Select either “Listed” or “Unlisted” 11 Name of Stock Exchange Alphanumeric Optional This variable is mandatory if value of “Status of Investee Company” is “Listed”

Performance Evaluation System for Investment Abroad State Bank of Pakistan 18 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 12 Currency Alphanumeric Mandatory Select from the list of currencies available in database 13 Total No. of Shares Numeric Mandatory Positive numeric value 14 Face Value of Shares Numeric Mandatory Positive numeric value with up to two decimal places. 15 Availability of Employee Traceable Mechanism Alphanumeric Mandatory Select either ‘Yes’ or ‘No’ 16 Total Amount of Remittance Approved Numeric Mandatory Positive numeric value with up to two decimal places. 17 Equivalent USD (amount of remittance approved) Numeric Mandatory Positive numeric value with up to two decimal places. 18 Validity of Approval Date Mandatory Format YYYY-MM-DD. Example:
2020-01-01 for January 2020. Future date is not acceptable. 19 Beneficiary of Remittance (if other than investee company) Alphanumeric Optional Enter Beneficiary of remittance (if other than investee company) 20 Any other Detail of Approval Alphanumeric Optional Enter any other detail of approval, if any. 21 Remarks/Comments Alphanumeric Optional Please mention remarks/comments if any.
3.4.1. Employees Details of ESOP Approvals under Category – D
Following Variables/attributes will be used as interlinked DFS of DFS ‘ESOP Approvals under Category –D’. Variables/Attributes:
Sr. #
Variable with
Description (where applicable)
Data Type Optional/
Mandatory Particulars
1 Approval Letter #/SBP
RAS Case # (SBP
Acknowledgement)
Alphanumeric Mandatory Value of this variables is validated and matched jointly with DFS ‘ESOP Approvals under Category – D’ 2 Resident Company Code Alphanumeric Mandatory Code to be validated with master data of Resident Companies available on DAP. 3 Applicant Status Alphanumeric Mandatory Select either “Foreigner” or “Local” 4 Passport Number of Applicant Alphanumeric Optional The field is mandatory if Applicant Status is “Foreigner” 5 CNIC Applicant Alphanumeric Optional Enter CNIC in format 99999-9999999-9. This field is mandatory if applicant status is “Local” 6 Name of Applicant Alphanumeric Mandatory Open text field

Performance Evaluation System for Investment Abroad State Bank of Pakistan 19 7 Address of Applicant Alphanumeric Mandatory Must be enclosed in double quotes 8 Currency Alphanumeric Mandatory Select from list of currencies available in database 9 No. of Shares Numeric Mandatory Positive numeric value 10 Face Value of Shares Numeric Mandatory Positive numeric value with up to two decimal places. 11 Percentage of Shareholding in Investee Company Numeric Mandatory Positive numeric value with up to two decimal places. 12 Amount Approved (Remittance Amount) Numeric Mandatory Positive numeric value with up to two decimal places 13 Equivalent USD (Remittance Amount) Numeric Mandatory Positive numeric value with up to two decimal places. 14 Remarks/Comments Alphanumeric Optional Please mention remarks/comments if any. Note: The above DFS will be filled for Investment under Category D for each investor/employee separately.
3.5. Portfolio Investment/Sweat Equity Approvals under Category-D
All data pertaining to portfolio investment/sweat equity under category D by resident individuals would be uploaded by Designated ADs through this DFS on monthly basis. The variables/attributes for this DFS and related logics are explained below for the guidance of users. DFS Variables/Attributes:
Sr. #
Variable with
Description (where applicable)
Data Type Optional/
Mandatory Particulars
1 SBP RAS Case Number
(For Acknowledgement of Designation) Alphanumeric Mandatory SBP RAS Case no. for Acknowledgment of Designation to be validated with case number mentioned in DFS No. 1 2 SBP RAS Case Approval Date Date Mandatory Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.
3 Initial Correspondence
Date
Date Optional Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.
4 Last Correspondence
Date
Date Optional Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.
5 Type of Investment
(Individual)
Alphanumeric Mandatory Select the Type of Investment (Individual) from list given below:
i. Portfolio Investment
ii. Sweat Equity
6 CNIC of Applicant Alphanumeric Mandatory Enter CNIC in format 99999- 9999999-9

Performance Evaluation System for Investment Abroad State Bank of Pakistan 20 7 Name of Applicant Alphanumeric Mandatory Open text field 8 Address of Applicant Alphanumeric Mandatory Open text field 9 Investee Company Code (Company where investment is made) Alphanumeric Mandatory Code to validate with master data of Investee Companies available on DAP. EPD shall issue Investee Company Code on the request of Banks, the procedure of which is mentioned at Page no. 31 10 Sector of Investment Alphanumeric Mandatory Select the Sector of Investment from the following dropdown list:
i. Banking
ii. Construction
iii. Educational Services
iv. Energy
v. Financial Services
vi. Food
vii. Health
viii. Hospitality
ix. Insurance
x. IT Services
xi. Manufacturing
xii. Textile
xiii. Trading
xiv. Others
.
11 Country of Investment Alphanumeric Mandatory Select the relevant country code from given drop down list. The code of each country can be verified from the reference sheet. 12 Face Value of Shares Numeric Mandatory Positive numeric value with up to two decimal places. 13 Market Value of Shares Numeric Mandatory Positive numeric value with up to two decimal places. 14 Amount of Remittance/Sweat Equity Approved Numeric Mandatory Positive numeric value with up to two decimal places. 15 Percentage of Shareholding in Investee Company Numeric Mandatory Positive numeric value with up to two decimal places. 16 Currency (in which amount of remittance/sweat equity approved.) Alphanumeric Mandatory Select the relevant currency code from given drop down list. The code of each currency can be verified from the reference sheet. 17 Equivalent USD (amount of remittance/sweat equity approved) Numeric Mandatory Positive numeric value with up to two decimal places. 18 Beneficiary of Remittance (if other than investee company) Alphanumeric Optional Name of beneficiary (if other than investee company) 19 Any other Detail of Approval Alphanumeric Optional Enter any other details, if any.

Performance Evaluation System for Investment Abroad State Bank of Pakistan 21 20 Remarks/Comments Alphanumeric Optional Please mention remarks/comments if any.
3.6. Remittance Approval against already approved EIA cases under Category C
All data pertaining to remittance approval granted (as a partial draw down) against already approved lump sum amount of equity investment abroad would be uploaded by ADs through this DFS on monthly basis. The variables/attributes for this DFS and related logics are explained below for the guidance of users. DFS Variables/Attributes:
Sr. #
Variable with
Description (where applicable)
Data Type Optional/
Mandatory Particulars
1 Reference Approval
Letter #
(This is a reference approval # or SBP RAS Case Number for which initial permission was granted to resident company for investment abroad under category C) Alphanumeric Mandatory To be validated with Approval Letter # available in DFS No. 3 ‘Equity Investment Abroad Approvals under Category C’. 2 Remittance Approval Letter # or SBP RAS Case Number (Remittance Approval Letter No. for remittance approved prior to February 10, 2021 and SBP RAS Case number for remittances approved after the aforesaid date) Alphanumeric Mandatory To be Validated with value contained in DFS No. 3 3 Approval Letter Date or SBP RAS Case Approval date (Approval Letter Date for remittance approved prior to February 10, 2021 and SBP RAS Case number for remittances approved after the aforesaid date). Date Mandatory Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.
4 Initial Correspondence
Date
Date Optional Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.

Performance Evaluation System for Investment Abroad State Bank of Pakistan 22 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 5 Last Correspondence Date Date Optional Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.
6 Remittance/Export Alphanumeric Mandatory Select either ‘Remittance’ or ‘Export’. 7 M-Form Approved Alphanumeric Mandatory Select either ‘Yes’ or ‘No’ 8 M Form # Alphanumeric Optional This variable is mandatory if value of ‘M-From Approved’ variable is selected as ‘Yes’. 9 M-Form Approval Date Date Optional This variable is mandatory if value of ‘M-From Approved’ variable is selected as ‘Yes’. Format YYYYMM-DD Example: 2020-01-01 for January 1, 2020. Future date is not acceptable. 10 Remittance approval Letter No or SBP RAS Case No. (if M-form not approved) Alphanumeric Optional This variable is mandatory if value of ‘M-From Approved’ variable is selected as ‘No’ and variable ‘Remittance/Export’ is selected as ‘Remittance’. 11 Remittance approval Letter Date Date Optional This variable is mandatory if value of ‘M-From Approved’ variable is selected as ‘No’ and variable ‘Remittance/Export’ is selected as ‘Remittance’. Format YYYY-MMDD Example: 2020-01-01 for January 1, 2020. Future date is not acceptable. 12 Detail of Export of Goods or Services (if not remittance) Alphanumeric Optional This variable should mandatory if value of variable ‘Remittance/Export’ as ‘Export’. 13 Amount (Amount of Remittance Approved) Numeric Mandatory Positive numeric value with up to two decimal places. 14 Currency (Currency in which amount of remittance approved.) Alphanumeric Mandatory Select the relevant currency code from given drop down list. The code of each currency can be verified from the reference sheet. 15 Equivalent USD (amount of remittance approved) Numeric Mandatory Positive numeric value with up to two decimal places. 16 Validity of Approval Date Mandatory Format YYYY-MM-DD. Example:
2020-01-01 for January 2020.
Future date is not acceptable.
17 Beneficiary of
Remittance
Alphanumeric Optional This variable should mandatory if value of variable ‘Remittance/Export’ as ‘Remittance’.

Performance Evaluation System for Investment Abroad State Bank of Pakistan 23 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 18 Any other Detail of Approval Alphanumeric Optional Any other Detail of Approval 19 Remarks/Comments Alphanumeric Optional Please mention remarks/comments if any.
3.7. Outward Remittances under Category A1, A2, B & C & D
All data pertaining to outward remittance effected by the applicants under Category A1, A2, B & C & D would be uploaded by ADs/Designated ADs through this DFS on monthly basis. The variables/attributes for this DFS and related logics are explained below for the guidance of users. DFS Variables/Attributes:
Sr. #
Variable with
Description (where applicable)
Data Type Optional/
Mandatory Particulars
1 Reference Approval
Letter #
(This is a reference approval # or SBP RAS Case Number for which initial permission was granted to residents company of category A, B & C for investment abroad) Alphanumeric Mandatory To be validated with Approval Letter # available in either DFS no.1 or 3 2 Outward Remittance Approval Letter # or SBP RAS Case No. (Approval Letter No for cases approved prior to February 10, 2021 and SBP RAS Case Number for cases approved after the aforesaid date) Alphanumeric Mandatory 3 Category of Investment (All) Alphanumeric Mandatory Select category of investment from following dropdown list:
i. Category A1
ii. Category A2
iii. Category B
iv. Category C
v. Category D
4 Approval Letter or SBP
RAS Case Approval Date
Date Mandatory Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.
5 Remittance/Export Alphanumeric Mandatory Select either ‘Remittance’ or ‘Export’ 6 M-Form Approved Alphanumeric Mandatory Select either ‘Yes’ or ‘No’

Performance Evaluation System for Investment Abroad State Bank of Pakistan 24 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 7 M Form Approval # Alphanumeric Optional This variable is mandatory if value of ‘M-Form Approved’ variable is selected as ‘Yes’ 8 M-Form Approval Date Date Optional This variable is mandatory if value of ‘M-Form Approved’ variable is selected as ‘Yes’ Future date is not acceptable. 9 Remittance approval Letter No (if M-form not approved) Alphanumeric Optional This variable is mandatory if value of ‘M-Form Approved’ variable is selected as ‘No’ and variable ‘Remittance/Export’ is selected as ‘Remittance’. 10 Remittance approval Letter Date Date Optional This variable is mandatory if value of ‘M-From Approved’ variable is selected as ‘No’ and variable ‘Remittance/Export’ is selected as ‘Remittance’. Format YYYY-MMDD Example: 2020-01-01 for January 1, 2020. Future date is not acceptable. 11 Purpose of Remittance Alphanumeric Optional This variable is mandatory if value of variable ‘Remittance/Export’ is selected as ‘Remittance’. Select the Purposes of Remittance from the list given below:
i. Investment Abroad
ii. Loan Repayment
12 Detail of Export of
Goods or Services (if not remittance) Alphanumeric Optional This variable is mandatory if value of variable ‘Remittance/Export’ is selected as ‘Export’. 13 Amount (Remitted amount) Numeric Mandatory Positive numeric value with up to two decimal places. 14 Currency (Currency of remitted amount) Alphanumeric Mandatory Select the relevant currency code from given drop down list. The code of each currency can be verified from the reference sheet. 15 Equivalent USD Numeric Mandatory Positive numeric value with up to two decimal places. 16 Beneficiary of Remittance Alphanumeric Optional This variable is mandatory if value of variable ‘Remittance/Export’ is selected as ‘Remittance’. 17 Country of Remittance Alphanumeric Mandatory Select the relevant country code from given drop down list. The code of each country can be verified from the reference sheet. 18 Any other Details of remittance Alphanumeric Optional Please mention any other details, if any. 19 Remarks/Comments Alphanumeric Optional Please mention remarks/comments if any.

Performance Evaluation System for Investment Abroad State Bank of Pakistan 25
3.8. Details of Entities Established/Acquired under the Approval under Category A1, A2, B
& C
All data pertaining to the details of entities established/acquired under category A1, A2, B & C would be uploaded by banks through this DFS on monthly basis. The variables/attributes for this DFS and related logics are explained below for the guidance of users. DFS Variables/Attributes:
Sr. #
Variable with
Description (where applicable)
Data Type Optional/
Mandatory Particulars
1 Reference Approval
Letter or SBP RAS Case
No.
(This is a reference approval/SBP RAS case for which initial permission was granted to residents company of category A, B & C for investment abroad) Alphanumeric Mandatory To be validated with Approval Letter # available in DFS No. 1 or 3, as the case may be. 2 Category of Investment (Entity) Alphanumeric Mandatory Select the Category of Investment (Entity) from the following drop down list:
i. Category A1
ii. Category A2
iii. Category B
iv. Category C
3 Resident Company Code
(Investor Company of
Pakistan)
Alphanumeric Mandatory Code to be validated with master data of Resident Companies available on DAP. 4 Investee Company Code Alphanumeric Mandatory Code to be validated with master data of Investee Companies available on DAP. EPD shall issue Investee Company Code on the request of Banks, the procedure of which is mentioned at Page no. 31 5 Country of Entity Alphanumeric Mandatory Select the relevant country code from given drop down list. The code of each country can be verified from the reference sheet. 6 Establishment/Acquisitio n of Company Abroad Alphanumeric Mandatory Select either ‘Established’ or ‘Acquired’ 7 Date of Established/Acquired Company Abroad Date Mandatory Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.
8 Name of
Subsidiary/Holding company/Liaison/ Marketing Office Abroad Alphanumeric Mandatory Mention name of subsidiary/holding company / liaison / marketing Office

Performance Evaluation System for Investment Abroad State Bank of Pakistan 26 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 9 Address of Established/Acquired Office Alphanumeric Mandatory Mention address of Established/Acquired Office 10 Total Number of Shares (If any) Numeric Optional Positive whole number. 11 Face value of the shares Numeric Optional Positive numeric value with up to two decimal places. 12 Amount Numeric Mandatory Positive numeric value with up to two decimal places. 13 Currency Alphanumeric Mandatory Select the relevant currency code from given drop down list. The code of each currency can be verified from the reference sheet. 14 Equivalent USD Numeric Mandatory Positive numeric value with up to two decimal places. 15 Any other Detail Alphanumeric Optional Mention any other details 16 Remarks/Comments Alphanumeric Optional Please mention remarks/comments if any.
3.9. Inward Remittances under Category A1, A2, B, C & D
All data pertaining to Inward Remittance for Category A1, A2, B, C & D would be uploaded by Banks through this DFS on monthly basis. The variables/attributes for this DFS and related logics are explained below for the guidance of users. DFS Variables/Attributes:
Sr. #
Variable with
Description (where applicable)
Data Type Optional/
Mandatory Particulars
1 Reference Approval
Letter or SBP RAS Case
No.
(This is a reference approval/SBP RAS case for which initial permission was granted to residents company of category A, B & C for investment abroad) Alphanumeric Mandatory To be validated with Approval Letter # available in DFS No. 1 or 3, as the case may be. 2 Category of Investment (All) Alphanumeric Mandatory Select the Category of Investment (Entity) from the following drop down list:
i. Category A1
ii. Category A2
iii. Category B
iv. Category C
v. Category D

Performance Evaluation System for Investment Abroad State Bank of Pakistan 27 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 3 Nature of Inward Remittance Alphanumeric Mandatory Select the Nature of Inward Remittances from list given below:
i. Dividend
ii. Profit
iii. Royalty
iv. Disinvestment
v. FDI raised through Hold
Co under Category B
4 Date of Inward
Remittance
Date Mandatory Format YYYY-MM-DD Example:
2020-01-01 for January 1, 2020.
Future date is not acceptable.
5 Amount Numeric Mandatory Positive numeric value with up to two decimal places. 6 Currency (Currency of amount of inward remittance) Alphanumeric Mandatory Select the relevant currency code from given drop down list. The code of each currency can be verified from the reference sheet. 7 Equivalent USD (amount of inward remittance in equivalent USD) Numeric Mandatory Positive numeric value with up to two decimal places. 8 Conversion Rate Numeric Mandatory Exchange Rate to be used for converting Equivalent USD into Equivalent PKR. Positive numeric value with up to two decimal places. 9 Equivalent PKR Numeric Mandatory Positive numeric value with up to two decimal places. Also, the value must match Equivalent USD

Conversion Rate
10 Country of Remittance Alphanumeric Mandatory Select the relevant country code from given drop down list. The code of each country can be verified from the reference sheet. 11 Name of Beneficiary Alphanumeric Mandatory Open text field 12 Account # of Beneficiary Alphanumeric Mandatory Open text field
3.10. Financial Performance
All data pertaining to Financial Performance of investee company established/acquired abroad under Category A1, A2, B & C would be uploaded by banks through this DFS on an annual basis and reporting shall be done within three months of the close of financial year of investee entity. The variables/attributes for this DFS and related logics are explained below for the guidance of users. DFS Variables/Attributes:

Performance Evaluation System for Investment Abroad State Bank of Pakistan 28 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 1 Reference Approval Letter or SBP RAS Case No. (This is a reference approval/SBP RAS case for which initial permission was granted to residents company of category A, B & C for investment abroad) Alphanumeric Mandatory To be validated with Approval Letter # available in DFS No. 1 or 3, as the case may be. 2 Category of Investment (Entity) Alphanumeric Mandatory Select the Category of Investment (Entity) from the following drop down list:
i. Category A1
ii. Category A2
iii. Category B
iv. Category C
3 Investee Company
Code
Alphanumeric Mandatory Code to validate with master data of Investee Companies available on DAP. EPD shall issue Investee Company Code on the request of Banks, the procedure of which is mentioned at Page no. 31 4 Financial Year Start Date Date Mandatory Format YYYY-MM-DD Example:
2020-07-01 for July 1, 2020. Future date is not acceptable. 5 Financial Year End Date Date Mandatory Format YYYY-MM-DD Example:
2020-06-30 for June 30, 2020.
Future date is not acceptable.
6 Currency
(Currency of Financial
Statements)
Alphanumeric Mandatory Select the relevant currency code from given drop down list. The code of each currency can be verified from the reference sheet. 7 Total Assets Numeric Mandatory Positive numeric value with up to two decimal places. 8 Total Liabilities Numeric Mandatory Positive numeric value with up to two decimal places. 9 Paid-up Capital Numeric Mandatory Positive numeric value with up to two decimal places. 10 Reserves Numeric Mandatory Positive numeric value with up to two decimal places. 11 Retained Earnings Numeric Mandatory Positive numeric value with up to two decimal places. 12 Sales/Revenue Numeric Mandatory Positive numeric value with up to two decimal places. 13 Gross Profit/(Loss) Numeric Mandatory Numeric value with up to two decimal places. 14 Administrative Expenses Numeric Mandatory Positive numeric value with up to two decimal places.

Performance Evaluation System for Investment Abroad State Bank of Pakistan 29 Sr. # Variable with Description (where applicable) Data Type Optional/ Mandatory Particulars 15 Profit before tax/(Loss) Numeric Mandatory Numeric value with up to two decimal places. 16 Profit/(Loss) after tax Numeric Mandatory Numeric value with up to two decimal places. 17 Earnings/(Loss) Per Share Numeric Mandatory Positive numeric value with up to two decimal places. 18 Dividend Per Share Numeric Mandatory Positive numeric value with up to two decimal places. 19 Reason, if dividend is not declared Alphanumeric Optional Must be enclosed in double quotes 20 Remarks/Comments Alphanumeric Optional Please mention remarks/comments if any.
3.10.1. Details of Shareholders in Investee Companies under Category A1, A2, B & C
Following Variables/attributes will be used as interlinked DFS of DFS ‘Financial Performance’. It will cover the shareholding pattern of investee entity and would be submitted annually. Variables/Attributes:
Sr. #
Variable with
Description (where applicable)
Data Type Optional/
Mandatory Particulars
1 SBP RAS Case Number
(For Acknowledgement of Designation) Alphanumeric Mandatory Value of this variable is validated and matched jointly with DFS ‘Financial Performance’ 2 Investee Company Code Alphanumeric Mandatory Code to be validated with master data of Investee Companies available on DAP. EPD shall issue Investee Company Code on the request of Banks, the procedure of which is mentioned at Page no. 31 Name of Shareholder Alphanumeric Mandatory Name of shareholder of investee entity. CNIC Number of Shareholder Numeric Mandatory Enter CNIC in format 99999- 9999999-9 or NTN in format 9999999-9, as the case may be. Percentage of Shareholding (of an individual in this entity) Numeric Mandatory Positive numeric value with up to two decimal places. No. of Shares (No. of shares held by a shareholder) Numeric Mandatory Enter the no. of shares held by a shareholder Currency Alphabetic Mandatory Select the relevant currency code from given drop down list. The

Performance Evaluation System for Investment Abroad State Bank of Pakistan 30 (Currency in which shares are denominated) code of each currency can be verified from the reference sheet. 8 Par Value of Shares Numeric Mandatory Par value of shares Amount of Investment (in Equiv. USD) Numeric Mandatory Amount in equivalent USD Note: The above DFS is to be filled for Category A1, A2, B & C for each shareholder separately.
4. Procedure for Obtaining Investee Company Code
The ADs/Designated ADs shall forward the details as per following variables, at Helpdesk.PESIA@sbp.org.pk, for obtaining “Investee Company Codes”. Sr. # Variable Particulars SBP Approval Reference No. Reference no. of SBP’s acknowledgement letter for designation of AD under Category A1, A2, B & D or EIA approval letter under Category C SBP Approval Letter Date SBP’s acknowledgment/approval letter date 3 Name of Investor Mention the name of applicant (In Title Case) Category of Investment Mention the category such as “A1”, “A2”, “B”, “C” or “D” Type of Investment (in case of category D) Please mention any of the following:
i. ESOP
ii. Investment in Listed Shares
iii. Sweat Equity
Name of the Investee
Company
Name of the Investee Company (in Title Case) Address of the Investee Company Address of the Company (in Title Case) Country of Investee Company Name of Country of Investee Company (in Title Case) Type of Investee Entity Please mention any of the following:
i. Subsidiary
ii. Branch Office
iii. Liaison Office
iv. Marketing Office
v. Holding Company
vi. Parent Company
vii. Listed Company
viii. Any other Entity
Date of Formation Please mention data in the format YYYY-MM-DD
5. Responsibilities of Authorized Dealers and Designated Authorized Dealers

Performance Evaluation System for Investment Abroad State Bank of Pakistan 31 It shall be the responsibility of Head of EIA Unit, established under FE Circular no.1 dated February 10, 2021, and Group Head Compliance of each bank to ensure that the data is submitted strictly in line with the aforesaid instructions. Further, they shall be responsible to ensure data integrity and accuracy. In the event it is observed that the aforesaid responsibilities have not been fulfilled by them and the reported data is inaccurate, SBP shall take appropriate enforcement action against the delinquent ADs/Designated ADs and/or their staff under relevant provisions of FERA or other applicable laws. -------------