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BALANCE SHEET
| Bank | Group | |||
| As at | 30.06.10 Rs 000 |
31.03.10 Rs 000 (Audited) |
30.06.10 Rs 000 |
31.03.10 Rs 000 (Audited) |
| On-Balance Sheet Assets | ||||
| Cash in hand | 311 | 288 | 610,585 | 859,797 |
| Balances with Central Bank of Sri Lanka | 0 | 0 | 1,016,863 | 802,076 |
| Due from Banks and other financial institutions | 7,313,952 | 3,735,356 | 7,121,782 | 2,487,908 |
| Investments - trading account | 2,281,819 | 56,355 | 4,266,096 | 1,835,530 |
| Government securities | 318,830 | 0 | 2,303,107 | 1,779,175 |
| Other securities | 1,962,989 | 56,355 | 1,962,989 | 56,355 |
| Investments - held to maturity (net of provisions) | 14,112,807 | 9,649,600 | 28,446,481 | 23,962,797 |
| Government securities | 10,687,503 | 7,651,073 | 22,519,124 | 21,961,660 |
| Investments in ordinary shares | 2,054,562 | 406,625 | 4,556,615 | 409,235 |
| Investments in preference shares | 957,583 | 1,180,083 | 957,583 | 1,180,083 |
| Investments in debentures | 0 | 0 | 0 | 0 |
| Investments in unit trusts | 413,159 | 411,819 | 413,159 | 411,819 |
| Less : Provision for decline in value of Investments | 0 | 0 | 0 | 0 |
| Investment in associate companies | 35,270 | 3,187,229 | 81,337 | 7,818,997 |
| Investment in subsidiary companies | 2,425,319 | 2,408,320 | 17,000 | - |
| Investment in joint venture companies | 250,000 | 250,000 | - | - |
| Total loans and advances | ||||
| Total performing loans and advances | 31,713,010 | 33,976,924 | 43,709,447 | 46,954,580 |
| Bills of exchange discounted | 0 | 0 | 280,137 | 313,155 |
| Overdrafts | 0 | 0 | 5,571,823 | 5,667,037 |
| Finance leases | 3,367,622 | 3,391,209 | 3,192,622 | 3,391,209 |
| Other loans | 28,345,388 | 30,585,715 | 34,664,865 | 37,583,179 |
| Total non performing loans and advances | 5,857,813 | 5,424,052 | 8,415,959 | 7,682,371 |
| Bills of exchange discounted | 0 | 0 | 30,380 | 30,592 |
| Overdrafts | 0 | 0 | 1,021,083 | 946,679 |
| Finance leases | 586,048 | 574,559 | 586,048 | 574,559 |
| Other loans | 3,563,645 | 3,193,863 | 4,678,076 | 4,131,112 |
| Loan interest receivable | 1,708,120 | 1,655,630 | 2,100,372 | 1,999,429 |
| Total gross loans and advances | 37,570,823 | 39,400,976 | 52,125,406 | 54,636,951 |
| Less: | ||||
| Interest in suspense | 1,708,120 | 1,655,630 | 2,449,648 | 2,328,454 |
| Provision for credit losses - specific | 1,863,886 | 1,519,093 | 2,558,660 | 2,143,643 |
| Provision for credit losses - general | 440,112 | 459,587 | 543,335 | 563,122 |
| Net loans and advances | 33,558,705 | 35,766,666 | 46,573,763 | 49,601,732 |
| Group balances receivable | 34,157 | 36,121 | 0 | 150 |
| Prepayments | 21,014 | 23,853 | 21,014 | 23,853 |
| Other receivables | 1,131,489 | 870,260 | 2,248,481 | 1,906,421 |
| Deferred tax asset | 0 | 0 | 799 | 806 |
| Assets held for sale | 0 | 0 | 2,875 | 2,875 |
| Investment property | 6,500 | 6,500 | 239,960 | 132,641 |
| Goodwill on consolidation | - | - | 156,225 | 156,225 |
| Property and equipment (Net of accumulated depreciation) | 357,282 | 375,558 | 779,815 | 784,219 |
| Intangible assets | 45,826 | 49,979 | 194,604 | 160,034 |
| Total On Balance Sheet Assets | 61,574,451 | 56,416,085 | 91,777,680 | 90,536,061 |
| On Balance Sheet Liabilities | ||||
| Total deposits | 4,895,524 | 5,123,657 | 25,146,363 | 25,503,685 |
| Demand deposits | 0 | 0 | 1,239,177 | 968,679 |
| Savings deposits | 0 | 0 | 4,274,924 | 4,598,808 |
| Time deposits | 4,895,524 | 5,123,657 | 19,409,136 | 19,775,256 |
| Margin deposits | 0 | 0 | 129,582 | 95,708 |
| Other deposits | 0 | 0 | 93,544 | 65,234 |
| Total borrowings | 32,351,031 | 33,530,376 | 36,947,266 | 40,061,607 |
| Borrowings from CBSL | 897,821 | 1,054,929 | 897,821 | 1,054,929 |
| Borrowings from Banks and financial institutions in Sri Lanka | 3,000,000 | 3,000,000 | 3,760,825 | 5,009,306 |
| Borrowings from Banks and financial institutions abroad | 2,115,811 | 2,240,993 | 2,235,469 | 2,314,177 |
| Borrowings under repurchase agreements | 0 | 115,000 | 3,715,752 | 4,441,741 |
| Debentures - Subordinated | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Debentures - Others | 2,200,000 | 2,700,000 | 2,200,000 | 2,700,000 |
| Other Borrowings | 22,137,399 | 22,419,454 | 22,137,399 | 22,541,454 |
| Group balances payable | 0 | 151 | 0 | 0 |
| Interest accrued | 863,089 | 1,081,782 | 1,314,786 | 1,590,653 |
| Current taxation | 158,221 | 199,786 | 297,248 | 307,836 |
| Deferred taxation | 244,303 | 271,144 | 291,865 | 319,412 |
| Other liabilities | 1,690,582 | 486,365 | 2,686,789 | 1,379,082 |
| Proposed Dividends | 794,452 | 0 | 794,452 | 0 |
| Total On | ||||
| Balance Sheet Liabilities | 40,997,202 | 40,693,261 | 67,478,769 | 69,162,275 |
| Equity | ||||
| Share capital | 1,324,086 | 1,323,753 | 1,324,086 | 1,323,753 |
| Share premium | 3,375,488 | 3,371,911 | 3,378,987 | 3,375,410 |
| Stated Capital | 4,699,574 | 4,695,664 | 4,703,073 | 4,699,163 |
| Reserve fund | 655,000 | 655,000 | 677,155 | 961,929 |
| General reserve | 9,379,839 | 9,379,839 | 9,379,839 | 9,379,839 |
| Other reserves | 0 | 0 | (110,077) | (100,791) |
| Retained profit | 5,842,836 | 992,321 | 9,117,163 | 6,006,219 |
| Shareholders' equity | 20,577,249 | 15,722,824 | 23,767,153 | 20,946,359 |
| Minority interest | - | - | 531,758 | 427,427 |
| Total equity | 20,577,249 | 15,722,824 | 24,298,911 | 21,373,786 |
| Total equity and liabilities | 61,574,451 | 56,416,085 | 91,777,680 | 90,536,061 |
| Off-Balance Sheet Items and Contra Accounts | ||||
| Contingencies | 2,358,248 | 2,403,156 | 10,362,699 | 10,598,045 |
| Commitments | 7,270,071 | 7,117,539 | 9,382,603 | 8,355,875 |
| Net assets value per share,Rs | 155.43 | 119.03 | 180.36 | 158.58 |
| Memorandum Information | ||||
| Number of employees | 435 | 427 | 1,104 | 1,047 |
| Number of branches and extension offices | 17 | 17 | 98 | 92 |
| The highest, the lowest and the last traded market price recorded during the period ended | ||
| 31.03.2010 | 31.03.2009 | |
| - Highest price Rs. | 183.50 | 130.00 |
| - Lowest price Rs. | 67.00 | 52.00 |
| - Last traded price Rs. | 180.50 | 68.25 |