| |
 |
| For the period ended |
Bank |
Group |
| |
30.06.2010 |
30.06.2009 |
30.06.2010 |
30.06.2009 |
| |
Rs.000 |
Rs.000 |
Rs.000 |
Rs.000 |
| |
| Cash flow from operating activities |
|
|
|
|
| Interest Receipts |
1,247,957 |
1,796,425 |
1,781,245 |
2,550,668 |
| Interest payments |
(1,005,782) |
(1,592,160) |
(1,484,186) |
(2,303,790) |
| Recoveries on loans previously written off |
36,030 |
13,226 |
36,030 |
13,226 |
| Receipts from other operating activities |
2,270 |
41,198 |
114,569 |
105,905 |
| Cash payments to employees and suppliers |
(370,423) |
(340,293) |
(579,065) |
(555,261) |
| Value added tax |
(1,432,872) |
(156,990) |
(1,476,760) |
(175,020) |
| |
|
|
|
|
| Operating profit before changes in operating assets and liabilities |
(1,522,820) |
(238,594) |
(1,608,167) |
(364,272) |
| (Increase )/decrease in operating assets: |
|
|
|
|
| Deposits held for regulatory or monetary control purposes |
0 |
0 |
(214,236) |
74,149 |
| Funds advanced to customers |
(968,262) |
1,766,341 |
(421,147) |
1,573,948 |
| Others |
1,012,980 |
93,394 |
916,176 |
(43,688) |
| Increase /(decrease ) in operating liabilities: |
|
|
|
|
| Security deposits from customers |
(0) |
0 |
(288) |
230 |
| Deposits from customers |
(226,596) |
(1,068,835) |
(208,002) |
177,818 |
| Negotiable certificates of deposit |
(1,537) |
0 |
29,746 |
(38,304) |
| Net cash flow from operating activities before Income tax |
(1,706,235) |
552,306 |
(1,505,918) |
1,379,881 |
| Income tax paid |
(134,583) |
(21,069) |
(223,407) |
(182,880) |
| Net cash from/(used in) operating activities |
(1,840,818) |
531,237 |
(1,729,325) |
1,197,001 |
| Cash flow from investing activities |
|
|
|
|
| Dividends received |
351,363 |
339,360 |
351,363 |
341,450 |
| Interest received |
315,459 |
211,224 |
821,749 |
461,015 |
| Treasury bills eligible for rediscounting with Central Bank |
(4,756,831) |
207,909 |
(2,703,418) |
(3,891,192) |
| Proceeds from sale and redemption of securities |
245,274 |
152,969 |
245,274 |
189,084 |
| Purchase of securities |
(2,023) |
(17,445) |
(228,272) |
(67,607) |
| Disposal of associate shares -(Commercial Bank of Ceylon PLC) |
6,200,070 |
0 |
6,200,070 |
0 |
| Acquision of Subsidiary |
0 |
0 |
(309,080) |
0 |
| Investment in additional shares of subsidiaries - (Synapsys Ltd) |
(17,000) |
0 |
(17,000) |
0 |
| Purchase of property , equipment ,intangibles and investment property |
(3,324) |
(457) |
(157,497) |
(45,948) |
| Proceeds from sale of equipment and investment property |
0 |
0 |
4,704 |
0 |
| Net cash from/(used in) investing activities |
2,332,988 |
893,560 |
4,207,893 |
(3,013,198) |
| Cash Flow from financing activities |
|
|
|
|
| Issue of debentures |
(500,000) |
0 |
(500,000) |
0 |
| Issue of new shares under option |
3,910 |
179,309 |
3,910 |
179,309 |
| Borrowing , medium and long - term |
587,888 |
900,713 |
(674,746) |
1,574,611 |
| Other Borrowings |
(115,000) |
(893,831) |
(890,895) |
372,248 |
| Repayment of borrowing ,medium and long - term |
(1,152,234) |
(1,819,373) |
(1,152,234) |
(1,819,373) |
| Dividends paid |
(74) |
(28) |
(74) |
7,782 |
| Net Cash flow from/(used in)financing activities |
(1,175,510) |
(1,633,210) |
(3,214,039) |
314,577 |
| Net increase/(decrease) in cash & cash equivalents |
(683,340) |
(208,413) |
(735,471) |
(1,501,620) |
| Cash & cash equivalents/(overdraft-net) at the beginning of period |
2,822,033 |
2,509,971 |
6,699,735 |
6,162,307 |
| Cash & cash equivalents at the end of period |
2,138,693 |
2,301,558 |
5,964,264 |
4,660,687 |
| Reconciliation of cash & cash equivalents |
|
|
|
|
| Cash & short - term funds |
2,138,693 |
2,301,558 |
2,394,592 |
3,211,844 |
| Placements with & loans to banks & financial institutions |
0 |
0 |
0 |
114,436 |
| Treasury bills other securities eligible |
|
|
|
|
| for rediscounting with Central Bank |
0 |
0 |
3,585,747 |
1,373,990 |
| Borrowing short term - Bank overdrafts |
0 |
0 |
(16,075) |
(39,583) |
| |
2,138,693 |
2,301,558 |
5,964,264 |
4,660,687 |
| |
|
|
|
|
|
