Financial Statements

Statement of Financial Position

Year ended 31 December	Note	2022 LKR	2021 LKR

Assets
Cash and cash equivalents	18	3,072,845,490	3,117,485,469
Placements with banks	19	18,205,195,883	15,108,410,169
Financial assets fair value through profit or loss	20	1,905,738,326	727,786,716
Financial assets at amortised cost
- Loans and receivables to other customers	21	110,525,450,192	111,891,255,620
- Debt and other instruments	22	19,819,735,716	12,031,301,910
Financial assets measured at fair value through other comprehensive income	23	56,938,514	56,938,514
Investment in subsidiary	24	6,163,100	6,163,100
Property, plant and equipment	25	1,093,190,534	952,103,710
Right of use assets	26	609,201,449	565,476,533
Investment properties	27	-	19,166,540
Non-current assets held for sale	27.4	43,566,177	-
Intangible assets	28	538,831,109	338,933,246
Deferred tax assets	16.2	600,628,286	299,448,116
Other assets	29	3,043,547,103	2,704,446,431
Total assets		159,521,031,879	147,818,916,074

Liabilities
Due to other customers	30	107,533,001,772	93,902,939,217
Other borrowings	31	30,704,547,675	33,569,838,263
Subordinated term debts	32	5,055,590,136	3,752,578,405
Retirement benefit obligation	33	714,077,498	571,664,850
Current tax liabilities		182,244,769	293,249,746
Other liabilities	34	1,672,355,116	1,598,949,062
Total liabilities		145,861,816,966	133,689,219,543

Equity
Stated capital	35	11,287,765,221	11,287,765,221
Statutory reserve fund	36	317,231,342	314,173,025
Retained earnings	37	1,767,576,134	2,500,152,936
Other reserves	38	286,642,217	27,605,349
Total equity		13,659,214,913	14,129,696,531

Total equity and liabilities		159,521,031,879	147,818,916,074

Contingent liabilities and commitments		728,284,912	910,136,981

Certification

I certify these Financial Statements are in compliance with the requirements of the Companies Act No. 07 of 2007.

Shanka Abeywardene
DGM-Finance & Planning / CFO

The Board of Directors is responsible for these Financial Statements. Signed for and on behalf of the Board by:

Dinithi Ratnayake
Chairperson

Chaaminda Kumarasiri
Director

Priyantha Talwatte
Chief Executive Officer

Tamarika Rodrigo
Company Secretary

The Accounting Policies and Notes on pages 176 through 261 from an integral part of the Financial Statements.

12 April 2023
Colombo