DFCC Bank - Investor Relations - Third Quarter Information






	Financial Overview
	Third Quarter Information
		Income Statement - Bank
		Income Statement - Group
		Statement of Changes in Equity and Reserves - Bank
		Statement of Changes in Equity and Reserves - Group
		Selected Performance Indicators
		CEO's Review
		Balance Sheet
		Cash Flow Statement
		Segment Analysis
	Annual Report

FIRST QUARTER INFORMATION

BALANCE SHEET

	Bank		Group
As at	30.06.07	31.03.07	30.06.07	31.03.07
	Rs 000	Rs 000	Rs 000	Rs 000
		(Audited)		(Audited)
On-Balance Sheet Assets
Cash in hand	164	166	271,315	297,621
Balances with Central Bank of Sri Lanka	0	0	878,760	768,018
Due from Banks and other financial institutions	3,937,516	4,746,011	5,271,729	6,358,080
Investments - trading account	1,793,490	295,492	1,793,490	295,492
Government securities	1,768,676	269,420	1,768,676	269,420
Other securities	24,814	26,072	24,814	26,072
Investments - held to maturity ( net of provisions )	4,407,715	4,420,517	5,433,053	5,314,208
Government securities	3,173,314	3,160,078	3,708,935	3,556,127
Investments in ordinary shares	409,624	421,797	571,005	583,067
Investments in preference shares	500,500	517,167	722,050	738,717
Investments in debentures	0	0	75,536	83,572
Investments in unit trusts	324,277	321,475	374,277	371,475
Less : Provision for decline in value of Investments	0	0	18,750	18,750
Investment in associate companies	3,187,229	1,584,688	5,844,554	4,115,876
Investment in subsidiary companies	1,764,888	1,764,888	0	-
Total loans and advances
Total performing loans and advances	43,237,616	44,863,314	51,712,702	52,179,932
Bills of exchange discounted	0	0	475,618	448,004
Overdrafts	0	0	4,078,675	3,456,378
Finance leases	7,038,174	7,333,266	7,038,174	7,333,266
Other loans	36,199,442	37,530,048	40,120,235	40,942,284
Total non performing loans and advances	4,191,738	2,884,505	5,102,651	3,485,360
Bills of exchange discounted	5,640	5,640	46,912	17,704
Overdrafts	0	0	489,041	315,386
Finance leases	849,299	422,920	849,299	422,920
Other loans	2,496,000	1,694,213	2,836,969	1,945,471
Loan interest receivable	840,799	761,732	880,430	783,879
Total gross loans and advances	47,429,354	47,747,819	56,815,353	55,665,292
Less :
Interest in suspense	840,799	761,732	1,014,036	894,440
Provision for credit losses - specific	916,212	856,437	1,044,163	971,590
Provision for credit losses - general	134,005	90,006	155,139	101,582
Net loans and advances	45,538,338	46,039,644	54,602,015	53,697,680
Group balances receivable	25,419	8,826	1,174	1,047
Prepayments	76,481	78,513	76,481	78,513
Other receivables	1,848,059	1,523,306	2,145,648	1,762,672
Differed tax asset	0	0	127,642	137,490
Investment property	6,500	6,500	130,894	131,833
Goodwill on consolidation	-	-	146,658	146,658
Property and equipment (Net of accumulated depreciation)	374,882	392,509	600,518	574,171
Intangible assets	68,737	79,601	180,855	198,767
Total On Balance Sheet Assets	63,029,418	60,940,661	77,504,786	73,878,126

On Balance Sheet Liabilities
Total deposits	12,277,842	13,572,571	20,145,324	20,816,684
Demand deposits	0	0	891,708	533,406
Savings deposits	0	0	1,518,733	969,400
Time deposits	12,277,842	13,572,571	17,528,988	19,113,159
Margin deposits	0	0	131,228	128,006
Other deposits	0	0	74,667	72,713
Total borrowings	36,200,483	35,897,159	37,984,879	37,182,489
Borrowings from CBSL	1,782,936	1,954,132	1,782,936	1,954,132
Borrowings from Banks and financial institutions in Sri Lanka	7,000,000	7,425,000	8,471,406	8,330,628
Borrowings from Banks and financial institutions abroad	5,381,814	5,353,996	5,447,833	5,600,272
Borrowings under repurchase agreements	918,584	614,772	1,165,555	748,198
Debentures - Subordinated	2,000,000	2,000,000	2,000,000	2,000,000
Debentures - Others	2,000,000	2,000,000	2,000,000	2,000,000
Other Borrowings	17,117,149	16,549,259	17,117,149	16,549,259
Interest accrued	763,583	847,652	919,388	1,012,549
Current taxation	261,791	261,012	316,426	300,500
Deferred taxation	340,731	363,842	340,734	363,843
Other liabilities	444,769	504,276	1,245,404	1,105,382
Proposed Dividends	67,032	-	67,032	0
Total On Balance Sheet Liabilities	50,356,231	51,446,512	61,019,187	60,781,447

Equity
Share capital	1,298,386	865,565	1,298,386	865,565
Share premium	3,186,477	607,106	3,238,670	659,299
Stated Capital	4,484,863	1,472,671	4,537,056	1,524,864
Reserves
Reserve fund	425,000	425,000	548,841	548,841
Sinking fund	3,372,664	3,372,664	3,372,664	3,372,664
Other reserves - Associate	-	-	133,221	132,954
Revenue reserves	3,233,584	3,233,584	5,252,586	5,254,420
Retained profit	1,157,076	990,230	2,065,523	1,708,205
Shareholders' equity	12,673,187	9,494,149	15,909,891	12,541,948
Minority interest	-	-	575,708	554,731
Total equity	12,673,187	9,494,149	16,485,599	13,096,679
Total equity and liabilities	63,029,418	60,940,661	77,504,786	73,878,126
Off-Balance Sheet Items and Contra Accounts
Contingencies	1,431,712	1,431,950	4,292,156	5,978,827
Commitments	8,985,550	9,798,048	10,880,002	10,726,086

Net assets value per share,Rs	97.61	87.75	122.54	115.92

Memorandum Information
Number of employees	441	422	703	658
Number of branches	12	12	37	35

The highest, the lowest and the last traded market price recorded
during the quarter ended	30.06.2007	30.06.2006
	(Post bonus share issue)	(Pre bonus share issue)
- Highest price Rs.	155.00	290.00
- Lowest price Rs.	140.00	150.00
- Last traded price Rs.	143.75	163.00



The highest, the lowest and the last traded market price recorded during the quarter ended	30.06.2006	30.06.2005
	(Post bonus share issue)	(Pre Bonus share issue)

- Highest price Rs.	290.00	260.00
- Lowest price Rs.	150.00	217.00
- Last traded price Rs.	163.00	244.25

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