Summary of the Statement of Profit or Loss
| 2022 | 2021 | |||||||
| 31-Mar LKR million |
30-Jun LKR million |
30-Sep LKR million |
31-Dec LKR million |
31-Mar LKR million |
30-Jun LKR million |
30-Sep LKR million |
31-Dec LKR million |
|
| Bank | ||||||||
| Net interest income | 39,806 | 41,004 | 27,106 | 18,431 | 23,631 | 27,851 | 30,197 | 29,572 |
| Non interest income | 18,375 | 13,154 | 9,061 | 9,806 | 9,037 | 5,677 | 7,212 | 7,923 |
| Non interest expense | (10,168) | (11,359) | (11,806) | (13,965) | (10,391) | (9,838) | (10,713) | (14,209) |
| Impairment (charge)/ reversal for loans and other losses | (36,836) | (26,934) | (16,252) | (7,133) | (4,799) | (8,663) | (16,555) | (13,716) |
| Operating profit before taxes on financial services | 11,176 | 15,865 | 8,109 | 7,139 | 17,478 | 15,027 | 10,141 | 9,570 |
| Taxes on financial services | (2,301) | (2,890) | (2,480) | (3,642) | (2,680) | (2,689) | (1,712) | (1,946) |
| Profit before income tax | 8,875 | 12,975 | 5,629 | 3,497 | 14,798 | 12,338 | 8,429 | 7,624 |
| Income tax expense | (3,411) | (2,524) | (2,556) | 9,487 | (1,897) | (3,169) | (2,934) | 2,401 |
| Profit after income tax | 5,464 | 10,450 | 3,073 | 12,984 | 12,901 | 9,169 | 5,495 | 10,025 |
| Other comprehensive income | 5,287 | 16,706 | 3,058 | 2,758 | 1,106 | (2,759) | 4,674 | 5,336 |
| Total comprehensive | income | 10,751 | 27,156 | 6,131 | 15,742 | 14,007 | 6,410 | 10,169 | 15,361 |
| Group | ||||||||
| Net interest income | 40,888 | 41,763 | 27,792 | 19,325 | 24,586 | 28,702 | 31,067 | 30,635 |
| Non interest income | 18,707 | 13,130 | 9,430 | 9,915 | 9,401 | 5,580 | 7,464 | 8,612 |
| Non interest expense | (11,419) | (12,127) | (12,738) | (15,000) | (11,253) | (10,480) | (11,451) | (15,359) |
| Impairment (charge)/ reversal for loans and other losses | (36,801) | (27,800) | (15,793) | (6,900) | (4,633) | (8,989) | (16,688) | (13,351) |
| Operating profit before
taxes on financial services |
11,375 | 14,966 | 8,691 | 7,340 | 18,101 | 14,813 | 10,392 | 10,537 |
| Taxes on financial services | (2,380) | (2,869) | (2,510) | (3,683) | (2,775) | (2,706) | (1,764) | (2,095) |
| Operating profit after
taxes on financial services |
8,995 | 12,097 | 6,181 | 3,657 | 15,326 | 12,107 | 8,628 | 8,442 |
| Share of profit/(losses) of associate companies, net of tax | 37 | 33 | 21 | 31 | 52 | 15 | 34 | 32 |
| Profit before income tax | 9,032 | 12,130 | 6,202 | 3,688 | 15,378 | 12,122 | 8,662 | 8,474 |
| Income tax expense | (3,477) | (2,549) | (2,625) | 9,448 | (1,987) | (3,148) | (2,968) | 2,149 |
| Profit after income tax | 5,555 | 9,581 | 3,577 | 13,136 | 13,391 | 8,974 | 5,694 | 10,623 |
| Other comprehensive income | 6,793 | 17,196 | 3,554 | 4,795 | 1,631 | (2,699) | 4,694 | 5,942 |
| Total comprehensive income | 12,348 | 26,777 | 7,131 | 17,931 | 15,022 | 6,275 | 10,388 | 16,565 |
Summary of the Statement of Financial Position
| 2022 | 2021 | |||||||
| 31-Mar LKR million |
30-Jun LKR million |
30-Sep LKR million |
31-Dec LKR million |
31-Mar LKR million |
30-Jun LKR million |
30-Sep LKR million |
31-Dec LKR million |
|
| Bank | ||||||||
| Assets | ||||||||
| Investments | 1,458,047 | 1,587,610 | 1,603,157 | 1,601,082 | 772,213 | 756,824 | 863,268 | 1,125,018 |
| Loans and advances to customers | 2,430,684 | 2,505,856 | 2,363,664 | 2,325,594 | 2,166,063 | 2,319,605 | 2,440,904 | 2,413,762 |
| Property, plant and equipment | 39,069 | 38,536 | 38,509 | 41,704 | 37,367 | 36,844 | 36,358 | 36,935 |
| Other assets | 273,609 | 334,677 | 397,169 | 368,080 | 169,783 | 191,355 | 226,249 | 227,569 |
| Total assets | 4,201,409 | 4,466,679 | 4,402,499 | 4,336,460 | 3,145,426 | 3,304,628 | 3,566,779 | 3,803,284 |
| Liabilities and equity | ||||||||
| Due to customers | 3,127,716 | 3,252,061 | 3,314,049 | 3,334,774 | 2,543,260 | 2,642,460 | 2,766,423 | 2,866,894 |
| Debt securities and borrowed funds | 785,335 | 778,349 | 685,420 | 645,982 | 382,009 | 433,852 | 564,508 | 688,559 |
| Other liabilities | 77,021 | 204,514 | 164,588 | 101,520 | 49,664 | 52,913 | 50,449 | 47,071 |
| Equity | 211,337 | 231,755 | 238,442 | 254,184 | 170,493 | 175,403 | 185,399 | 200,760 |
| Total liabilities and equity | 4,201,409 | 4,466,679 | 4,402,499 | 4,336,460 | 3,145,426 | 3,304,628 | 3,566,779 | 3,803,284 |
| Group | ||||||||
| Assets | ||||||||
| Investments | 1,458,210 | 1,593,247 | 1,604,941 | 1,603,720 | 773,614 | 757,487 | 861,927 | 1,124,272 |
| Loans and advances to customers | 2,466,219 | 2,540,746 | 2,398,089 | 2,355,978 | 2,197,583 | 2,349,920 | 2,471,445 | 2,446,330 |
| Property, plant and equipment | 51,259 | 50,885 | 50,772 | 55,315 | 51,017 | 50,575 | 50,161 | 50,984 |
| Other assets | 275,413 | 336,140 | 403,144 | 375,756 | 169,381 | 189,094 | 225,043 | 226,364 |
| Total assets | 4,251,101 | 4,521,018 | 4,456,946 | 4,390,769 | 3,191,595 | 3,347,076 | 3,608,576 | 3,847,950 |
| Liabilities and equity | ||||||||
| Due to customers | 3,146,490 | 3,278,528 | 3,340,117 | 3,358,198 | 2,562,629 | 2,660,452 | 2,784,999 | 2,886,237 |
| Debt securities and borrowed funds | 794,519 | 783,884 | 691,043 | 652,127 | 391,596 | 441,157 | 569,927 | 694,403 |
| Other liabilities | 82,520 | 211,259 | 171,080 | 107,914 | 53,642 | 56,975 | 54,828 | 51,914 |
| Equity | 226,050 | 245,889 | 253,629 | 271,473 | 182,370 | 187,187 | 197,387 | 213,807 |
| Non controlling interest | 1,522 | 1,458 | 1,077 | 1,057 | 1,358 | 1,305 | 1,435 | 1,589 |
| Total liabilities and equity | 4,251,101 | 4,521,018 | 4,456,946 | 4,390,769 | 3,191,595 | 3,347,076 | 3,608,576 | 3,847,950 |
Summary of the Key Performance Indicators
| 2022 | 2021 | |||||||
| 31-Mar | 30-Jun | 30-Sep | 31-Dec | 31-Mar | 30-Jun | 30-Sep | 31-Dec | |
| Bank | ||||||||
| Profitability | ||||||||
| Interest margin (%) | 3.4 | 3.9 | 3.5 | 3.1 | 3.1 | 3.3 | 3.3 | 3.3 |
| Return on average assets (before tax) (%) |
0.9 | 1.1 | 0.9 | 0.8 | 1.9 | 1.7 | 1.5 | 1.3 |
| Return on average equity (after tax) (%) | 10.6 | 14.7 | 11.5 | 14.1 | 31.6 | 26.6 | 21.5 | 21.0 |
| Investor Information | ||||||||
| Interest cover (times) | 1.4 | 1.6 | 1.4 | 1.3 | 5.0 | 4.4 | 3.5 | 2.9 |
| Net assets value per share (LKR) | 8,453 | 9,270 | 9,538 | 10,167 | 6,820 | 7,016 | 7,416 | 8,030 |
| Capital Adequacy Ratio | ||||||||
| Common equity Tier I capital adequacy ratio (%) |
10.8 | 10.5 | 10.7 | 11.3 | 9.9 | 10.4 | 10.5 | 12.9 |
| Total Tier I capital adequacy ratio, (%) | 11.9 | 11.6 | 11.7 | 12.4 | 11.1 | 11.5 | 11.7 | 14.3 |
| Total capital adequacy ratio, (%) | 14.9 | 14.4 | 14.3 | 15.4 | 14.6 | 15.0 | 15.0 | 17.8 |
| Assets Quality | ||||||||
| Impaired Loans (Stage 3) Ratio | 5.5 | 5.5 | 5.6 | 5.3 | N/A | N/A | 5.0 | 5.1 |
| Impairment (Stage 3) to Stage 3 Loans Ratio |
51.6 | 55.3 | 57.7 | 59.7 | N/A | N/A | 49.2 | 49.1 |
| Regulatory Liquidity | ||||||||
| Statutory liquid assets ratio | ||||||||
| – Domestic banking unit (%) | 30.5 | 21.7 | 21.0 | 21.2 | 29.0 | 26.2 | 22.1 | 25.0 |
| – Off shore banking unit (%) | 30.0 | 23.3 | 26.2 | 32.8 | 29.9 | 27.4 | 24.5 | 25.3 |
| Group | ||||||||
| Profitability | ||||||||
| Interest margin (%) | 4.0 | 3.9 | 3.6 | 3.2 | 3.2 | 3.4 | 3.4 | 3.4 |
| Return on average assets (before tax) (%) |
0.9 | 1.0 | 0.9 | 0.8 | 1.9 | 1.7 | 1.5 | 1.3 |
| Return on average equity (after tax) (%) | 10.0 | 13.1 | 10.6 | 13.1 | 30.4 | 25.0 | 20.4 | 20.1 |
| Investor Information | ||||||||
| Net assets value per share (LKR) | 9,042 | 9,836 | 10,145 | 10,859 | 7,295 | 7,487 | 7,895 | 8,552 |
| Capital Adequacy Ratio | ||||||||
| Common equity Tier I capital adequacy ratio (%) | 10.8 | 10.5 | 10.9 | 11.4 | 10.1 | 10.5 | 10.7 | 12.8 |
| Total Tier 1 capital adequacy ratio, (%) | 11.9 | 11.5 | 11.9 | 12.4 | 11.2 | 11.5 | 11.9 | 14.1 |
| Total capital adequacy ratio, (%) | 14.9 | 14.2 | 14.5 | 15.3 | 14.6 | 15.0 | 15.1 | 17.6 |