| Bank | Group | |||
| For the year ended 31 December | 2022 USD ’000 |
2021 USD ’000 |
2022 USD ’000 |
2021 USD ’000 |
| Total income | 1,413,206 | 1,448,670 | 1,434,527 | 1,484,884 |
| Interest income | 1,256,554 | 1,299,748 | 1,275,656 | 1,329,941 |
| Less: Interest expenses | 908,598 | 744,692 | 918,274 | 756,237 |
| Net interest income | 347,956 | 555,056 | 357,382 | 573,704 |
| Fee and commission income | 62,895 | 88,056 | 63,798 | 89,463 |
| Less: Fee and commission expenses | 17,863 | 17,312 | 17,916 | 17,505 |
| Net fee and commission income | 45,032 | 70,744 | 45,882 | 71,958 |
| Net gains/(losses) from trading | 48,477 | 23,661 | 48,686 | 24,013 |
| Net fair value gains/(losses) from financial instruments at fair value through profit or loss |
(2,215) | 6,721 | (2,635) | 6,531 |
| Net gains/(losses) from derecognition of financial assets | 2,372 | 1,965 | 2,418 | 2,327 |
| Other operating income | 45,125 | 28,519 | 46,605 | 32,609 |
| Total operating income | 486,747 | 686,666 | 498,338 | 711,142 |
| Less: Impairment charge/(reversal) for loans and other losses | 240,026 | 218,196 | 240,409 | 217,838 |
| Net operating income | 246,721 | 468,470 | 257,929 | 493,304 |
| Less: Operating expenses | ||||
| Personnel expenses | 79,842 | 124,639 | 86,346 | 134,335 |
| Depreciation and amortisation expenses | 11,806 | 20,686 | 12,413 | 21,152 |
| Other expenses | 38,606 | 62,627 | 42,478 | 69,184 |
| Total operating expenses | 130,254 | 207,952 | 141,237 | 224,671 |
| Operating profit/(loss) before taxes on financial services | 116,467 | 260,518 | 116,692 | 268,633 |
| Less: Taxes on financial services | 31,157 | 45,038 | 31,512 | 46,598 |
| Operating profit/(loss) after taxes on financial services | 85,310 | 215,480 | 85,180 | 222,035 |
| Share of profits/(losses) of associate companies, net of tax | – | – | 338 | 667 |
| Profit/(loss) before income tax | 85,310 | 215,480 | 85,518 | 222,702 |
| Less: Income tax expense/(reversal) | (2,742) | 27,936 | (2,194) | 29,704 |
| Profit/(loss) for the year | 88,052 | 187,544 | 87,712 | 192,998 |
| Profit attributable to: | ||||
| Equity holder of the Bank | 88,052 | 187,544 | 88,113 | 192,035 |
| Non-controlling interest | – | – | (401) | 963 |
| Profit/(loss) for the year | 88,052 | 187,544 | 87,712 | 192,998 |
| Earnings per share and Dividend per share | ||||
| Basic earnings per share (USD) | 3.52 | 7.50 | 3.52 | 7.68 |
| Diluted earnings per share (USD) | 3.50 | 7.50 | 3.51 | 7.68 |
| Dividend per share (USD) | 0.04 | 0.37 | 0.04 | 0.37 |
Exchange rate of 1 USD was LKR 363.1100 as at 31 December 2022. (LKR 200.4338 as at 31 December 2021)
The Statement of Profit or Loss given in this page does not form part of the Audited Financial Statements and it is solely for the convenience of the shareholders, investors, bankers and other interested parties of the Financial Statements of the Bank.