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BALANCE SHEET
| Bank | Group | |||
| As at | 30.09.09 Rs 000 |
31.03.09 Rs 000 |
30.09.09 Rs 000 |
31.03.09 Rs 000 |
| On-Balance Sheet Assets | ||||
| Cash in hand | 408 | 308 | 584,390 | 616,772 |
| Balances with Central Bank of Sri Lanka | 0 | 0 | 690,615 | 768,383 |
| Due from Banks and other financial institutions | 2,979,531 | 2,605,663 | 4,025,555 | 5,141,035 |
| Investments - trading account | 51,780 | 9,607 | 1,239,441 | 3,180,809 |
| Government securities | 0 | 0 | 1,187,661 | 3,163,776 |
| Other securities | 51,780 | 9,607 | 51,780 | 17,033 |
| Investments - held to maturity (net of provisions) | 8,749,254 | 7,823,629 | 20,677,649 | 11,881,458 |
| Government securities | 6,946,632 | 5,905,209 | 18,415,887 | 9,487,023 |
| Investments in ordinary shares | 370,166 | 386,001 | 471,201 | 510,760 |
| Investments in preference shares | 1,000,500 | 1,186,417 | 1,193,855 | 1,379,773 |
| Investments in debentures | 0 | 0 | 163,500 | 163,500 |
| Investments in unit trusts | 431,956 | 346,002 | 481,956 | 396,002 |
| Less : Provision for decline in value of Investments | 0 | 0 | 48,750 | 55,600 |
| Investment in associate companies | 3,187,229 | 3,187,229 | 7,436,964 | 7,160,671 |
| Investment in subsidiary companies | 2,627,167 | 2,627,167 | - | - |
| Investment in joint venture companies | 250,000 | 250,000 | - | - |
| Total loans and advances | ||||
| Total performing loans and advances | 33,891,913 | 38,038,776 | 46,132,294 | 51,975,949 |
| Bills of exchange discounted | 0 | 0 | 361,927 | 307,400 |
| Overdrafts | 0 | 0 | 5,933,471 | 7,786,296 |
| Finance leases | 3,642,021 | 4,525,080 | 3,673,021 | 4,525,080 |
| Other loans | 30,249,892 | 33,513,696 | 36,194,875 | 39,357,173 |
| Total non performing loans and advances | 6,284,751 | 5,115,840 | 8,568,290 | 6,663,559 |
| Bills of exchange discounted | 0 | 0 | 38,160 | 35,485 |
| Overdrafts | 0 | 0 | 919,396 | 591,421 |
| Finance leases | 758,366 | 685,668 | 758,366 | 685,669 |
| Other loans | 3,904,700 | 3,096,950 | 4,938,043 | 3,836,970 |
| Loan interest receivable | 1,621,685 | 1,333,222 | 1,914,325 | 1,514,014 |
| Total gross loans and advances | 40,176,664 | 43,154,616 | 54,731,584 | 58,639,508 |
| Less : | ||||
| Interest in suspense | 1,621,685 | 1,333,222 | 2,167,936 | 1,680,413 |
| Provision for credit losses - specific | 1,409,163 | 1,233,405 | 1,949,100 | 1,637,869 |
| Provision for credit losses - general | 478,386 | 436,591 | 582,655 | 533,481 |
| Net loans and advances | 36,667,430 | 40,151,398 | 50,031,893 | 54,787,745 |
| Group balances receivable | 24,000 | 36,325 | 0 | 0 |
| Prepayments | 29,029 | 13,812 | 29,029 | 13,812 |
| Other receivables | 1,067,448 | 1,299,422 | 2,453,954 | 2,186,417 |
| Differed tax asset | 0 | 0 | 3 | 0 |
| Investment property | 6,500 | 6,500 | 140,271 | 141,215 |
| Goodwill on consolidation | - | - | 146,602 | 146,602 |
| Property and equipment (Net of accumulated depreciation) | 384,132 | 427,697 | 806,896 | 803,040 |
| Intangible assets | 39,407 | 45,942 | 147,649 | 169,482 |
| Total On Balance Sheet Assets | 56,063,315 | 58,484,699 | 88,410,911 | 86,997,441 |
| On Balance Sheet Liabilities | ||||
| Total deposits | 5,975,999 | 5,308,440 | 24,966,996 | 23,575,345 |
| Demand deposits | 0 | 0 | 579,847 | 707,641 |
| Savings deposits | 0 | 0 | 2,813,137 | 2,361,526 |
| Time deposits | 5,975,999 | 5,308,440 | 21,446,694 | 20,341,446 |
| Margin deposits | 0 | 0 | 70,229 | 79,939 |
| Other deposits | 0 | 0 | 57,089 | 84,793 |
| Total borrowings | 33,240,191 | 36,709,313 | 39,186,584 | 40,416,537 |
| Borrowings from CBSL | 1,190,705 | 1,346,391 | 1,190,705 | 1,346,391 |
| Borrowings from Banks and financial institutions in Sri Lanka | 3,908,000 | 5,500,000 | 5,692,700 | 6,250,000 |
| Borrowings from Banks and financial institutions abroad | 650,693 | 735,450 | 722,327 | 820,119 |
| Borrowings under repurchase agreements | 308,913 | 2,779,871 | 4,372,067 | 5,650,670 |
| Debentures - Subordinated | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Debentures - Others | 2,700,000 | 2,700,000 | 2,700,000 | 2,700,000 |
| Other Borrowings | 22,481,880 | 21,647,601 | 22,508,785 | 21,649,357 |
| Interest accrued | 1,201,726 | 1,192,127 | 1,620,755 | 1,648,996 |
| Current taxation | 104,259 | - | 191,777 | 220,576 |
| Deferred taxation | 253,478 | 285,194 | 258,898 | 290,597 |
| Other liabilities | 383,928 | 498,781 | 1,604,757 | 1,152,212 |
| Total On Balance Sheet Liabilities | 41,159,581 | 43,993,855 | 67,829,767 | 67,304,263 |
| Equity | ||||
| Share capital | 1,323,555 | 1,307,325 | 1,323,555 | 1,307,325 |
| Share premium | 3,370,897 | 3,207,818 | 3,423,090 | 3,260,011 |
| Stated Capital | 4,694,452 | 4,515,143 | 4,746,645 | 4,567,336 |
| Reserve fund | 565,000 | 565,000 | 801,539 | 801,539 |
| General reserve | 8,637,839 | 8,637,839 | 11,926,826 | 11,926,826 |
| Other reserves | - | - | (82,079) | (85,038) |
| Retained profit | 1,006,443 | 772,862 | 2,486,252 | 1,841,264 |
| Shareholders' equity | 14,903,734 | 14,490,844 | 19,879,183 | 19,051,927 |
| Minority interest | - | - | 701,961 | 641,251 |
| Total equity | 14,903,734 | 14,490,844 | 20,581,144 | 19,693,178 |
| Total equity and liabilities | 56,063,315 | 58,484,699 | 88,410,911 | 86,997,441 |
| Off-Balance Sheet Items and Contra Accounts | ||||
| Contingencies | 1,438,499 | 1,074,791 | 7,502,294 | 7,044,507 |
| Commitments | 6,931,548 | 6,758,456 | 9,258,579 | 7,814,632 |
| Net assets value per share,Rs | 113.07 | 110.90 | 150.81 | 145.81 |
| Memorandum Information | ||||
| Number of employees | 409 | 419 | 997 | 950 |
| Number of branches | 15 | 15 | 74 | 59 |
| The highest, the lowest and the last traded market price recorded during the period ended | ||
| 30.09.2009 | 30.09.2008 | |
| - Highest price Rs. | 159.00 | 130.00 |
| - Lowest price Rs. | 126.50 | 100.00 |
| - Last traded price Rs. | 151.00 | 100.00 |