Supplementary Information

Ten Years at a Glance

Statement of Comprehensive Income

	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
	LKR' 000	LKR' 000	LKR' 000	LKR' 000	LKR' 000	LKR' 000	LKR' 000	LKR' 000	LKR' 000	LKR' 000

Interest income	23,101,048	14,792,068	15,442,003	15,079,324	13,146,787	10,829,333	8,177,187	6,609,248	4,850,170	4,389,385
Interest expenses	(16,261,995)	(8,018,419)	(9,314,576)	(9,382,529)	(8,423,758)	(6,941,841)	(4,846,840)	(3,240,875)	(2,400,763)	(2,525,580)
Net interest income	6,839,054	6,773,649	6,127,426	5,696,795	4,723,029	3,887,493	3,330,347	3,368,374	2,449,406	1,863,805

Fee and commission income	504,650	413,675	390,619	237,656	196,762	278,770	212,540	217,475	164,626	122,423
Fee and commission expenses	(26,706)	(23,327)	(14,334)	(6,507)	(4,397)	(3,511)	(9,596)	(2,966)	(2,283)	(2,272)
Net fee and commission income	477,944	390,347	376,285	231,150	192,365	275,258	202,944	214,510	162,343	120,151

Net gains/(losses) from trading	(1,078)	4,144	5,228	1,265	-	-	-	-	-	-
Net gains/(losses) from financial instruments at fair value through profit or loss	166,509	234,934	268,710	114,889	280,172	211,759	17,351	5,095	53,942	102,444
Other operating income	263,007	32,775	55,227	90,969	20,811	50,845	40,046	52,027	168,428	63,289
Total operating income	7,745,435	7,435,849	6,832,877	6,135,068	5,216,378	4,425,356	3,590,687	3,640,005	2,834,119	2,149,689

Impairment for loans and other losses	(1,898,476)	(643,708)	(417,039)	(917,434)	(525,844)	(293,537)	(125,044)	(49,594)	(204,390)	(324,621)
Net operating income	5,846,959	6,792,141	6,415,838	5,217,634	4,690,534	4,131,819	3,465,643	3,590,410	2,629,730	1,825,068

Personnel expenses	(2,940,243)	(2,542,695)	(2,576,773)	(2,116,348)	(1,827,073)	(1,474,146)	(1,266,115)	(1,114,754)	(767,848)	(540,777)
Depreciation and amortisation expenses	(488,515)	(528,447)	(454,569)	(431,193)	(224,260)	(191,577)	(176,032)	(148,829)	(147,918)	(164,925)
Other expenses	(1,936,942)	(1,848,265)	(1,400,539)	(1,420,073)	(1,526,132)	(1,364,051)	(1,113,816)	(942,628)	(772,510)	(703,625)
Operating profit before value added tax (VAT), nation building tax (NBT) and debt repayment levy (DRL) on financial services	481,259	1,872,734	1,983,957	1,250,021	1,113,068	1,102,045	909,680	1,384,199	941,454	415,741

Value added tax (VAT) on financial services*	(384,302)	(542,926)	(571,027)	(386,522)	(362,941)	(300,962)	(292,254)	(273,641)	(190,275)	(82,382)
Nation Building Tax (NBT) on financial services	-	-	-	(51,106)	(52,703)	(48,482)	-	-	-	-
Debt repayment levy (DRL) on financial services	-	-	-	(226,565)	(53,282)	-	-	-	-	-
Operating profit after VAT, NBT and DRL on fiancial services	96,957	1,329,808	1,412,930	585,827	644,142	752,601	617,425	1,110,559	751,179	333,359

Profit before tax	96,957	1,329,808	1,412,930	585,827	644,142	752,601	617,425	1,110,559	751,179	333,359
Tax expenses	(35,791)	(446,530)	(576,643)	(332,422)	(287,192)	(244,778)	(213,704)	(389,984)	(246,732)	(85,175)
Profit for the year	61,166	883,278	836,287	253,405	356,950	507,824	403,722	720,575	504,447	248,184

Other comprehensive income
Actuarial gains/(losses) on defined benefit plans	(39,668)	34,301	(1,855)	(41,588)	(45,995)	2,885	(49,639)	(2,688)	(27,091)	(5,464)
Deferred tax relating to defined benefit plans	11,645	(8,232)	519	11,645	12,879	(808)	13,899	753	7,586	1,530
Gains/(losses) on re-measuring financial assets measured at fair value through other comprehensive income	-	-	-	(3,210)	(3,388)	-	(12,454)	-	-	1,973
Revaluation Surplus on Property, Plant and Equipment	259,037
Other comprehensive income for the year net of tax	231,013	26,069	(1,336)	(33,153)	(36,505)	2,077	(48,194)	(1,935)	(19,506)	(1,961)

Total comprehensive income for the year	292,180	909,347	834,952	220,252	320,445	509,901	355,528	718,639	484,941	246,222

Basic earnings per share on profit (LKR)	0.38	7.63	11.05	4.50	6.34	9.87	9.60	17.90	13.36	9.39

* NBT on financial service expense in included in VAT on financial services expense up to the year 2016 and it is seperately recorded after the year 2017 onwards.

	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
	LKR' 000	LKR' 000	LKR' 000	LKR' 000	LKR' 000	LKR' 000	LKR' 000	LKR' 000	LKR' 000	LKR' 000

Assets
Cash and cash equivalents	3,072,845	3,117,485	9,640,916	2,429,791	4,171,939	1,190,390	1,044,725	5,057,791	661,651	399,385
Placements with banks	18,205,196	15,108,410	2,823,628	5,628,095	9,528,426	6,014,704	6,919,027	4,757,401	2,223,162	2,530,598
Financial assets fair value through profit or loss	1,905,738	727,787	4,600,458	3,527,310	146,103	4,473,806	244,911	-	-	1,210,673
Other financial asset classified under loans and receivable			-	-	-	1,479,950	1,503,539	1,926,055	4,164,273	1,701,091
Financial assets at amortised cost - loans and receivables to other customers	110,525,450	111,891,256	102,662,269	85,823,335	77,507,021	66,687,416	53,632,539	45,830,499	32,060,498	22,116,645
Financial assets at amortised cost - debt and other instruments	19,819,736	12,031,302	5,244,005	6,998,925	3,405,600	-	-	-	-	-
Financial assets measured at fair value through other comprehensive income	56,939	56,939	56,939	56,939	60,148	-	-	-	-	-
Financial investments - available-for-sale			-	-	-	63,536	566,935	79,679	29,734	165,699
Financial investments - held-to-maturity			-	-	-	599,551	492,268	1,192,440	298,545	443,408
Investments in subsidiaries	6,163	6,163	6,163	-	-	-	-	-	-	-
Aseet classified as held for sale	43,566		-	-	-	37,175	37,175	37,175	-	-

Property, plant and equipment	1,093,191	565,477	661,695	645,231	704,738	726,473	637,263	549,172	513,592	506,771
Right of use assets	609,201	952,104	689,646	651,271	-	-	-	-	-	-
Investment properties	-	19,167	20,223	21,279	22,335	23,391	24,447	25,503	26,559	27,615
Intangible assets	538,831	338,933	395,123	308,445	3,728	8,148	16,938	47,141	77,344	107,744
Deferred tax assets	600,628	299,448	231,673	232,482	69,415	-	-	-	-	40,081
Other assets	3,043,547	2,704,446	2,026,987	1,460,524	1,198,314	1,070,175	913,030	787,138	517,187	482,895
Total assets	159,521,032	147,818,916	129,059,724	107,783,624	96,817,767	82,374,713	66,032,799	60,289,994	40,572,547	29,732,605

Liabilities
Due to other customers	107,533,002	93,902,939	93,271,727	72,431,923	67,474,822	59,904,734	45,691,758	43,023,393	30,249,434	23,594,768
Other borrowings	30,704,548	33,569,838	18,090,500	20,299,718	15,420,968	8,827,610	9,482,950	6,600,339	4,602,233	1,878,643
Debt securities issued	-	-	1,013,899	1,014,034	4,198,548	4,189,812	4,182,653	3,979,111	-	-
Subordinated term debts	5,055,590	3,752,578	4,052,630	4,210,566	1,008,028	1,004,355	-	-	-	-
Retirement benefit obligation	714,077	571,665	571,382	479,575	354,854	257,476	212,494	127,307	108,056	67,706
Current tax liabilities	182,245	293,250	274,215	187,070	143,988	32,153	23,110	260,733	113,192	-
Deferred tax liabilities	-	-	-	-	-	58,000	46,629	66,411	53,513	46,005
Other liabilities	1,672,355	1,598,949	1,869,195	1,491,759	767,833	769,413	873,924	935,350	750,144	765,237
Total liabilities	145,861,817	133,689,220	119,143,548	100,114,645	89,369,040	75,043,553	60,513,519	54,992,643	35,876,573	26,352,358

Equity
Stated capital	11,287,765	11,287,765	7,727,941	5,921,538	5,921,538	5,758,689	4,062,962	3,794,095	3,533,545	2,526,532
Statutory reserve fund	317,231	314,173	270,009	228,282	215,611	197,764	172,373	154,596	118,664	94,417
Retained earnings	1,767,576	2,500,153	1,890,621	1,491,554	1,280,762	1,340,504	1,249,742	1,302,003	997,107	489,355
Other reserves	286,642	27,605	27,605	27,605	30,815	34,203	34,203	46,657	46,657	269,943
Total equity	13,659,215	14,129,697	9,916,176	7,668,979	7,448,727	7,331,160	5,519,280	5,297,351	4,695,974	3,380,247

Total equity and liabilities	159,521,032	147,818,916	129,059,724	107,783,624	96,817,767	82,374,713	66,032,799	60,289,994	40,572,547	29,732,605

Contingent liabilities and commitments	728,285	910,137	194,554	177,752	182,986	166,260	148,030	136,574	129,507	144,378

Other information
Number of accounts (CIF numbers)			1,442,788	1,384,175	1,310,198	1,230,406	1,131,355	1,068,345	992,782	903,476
Number of customer centers	94	94	94	94	94	91	88	87	82	82
Number of employees	1381	1433	1490	1,475	1,504	1,363	1,248	1,198	1,004	856