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BALANCE SHEET
| Bank | Group | |||
| As at | 30.06.09 Rs 000 |
31.03.09 Rs 000 (Audited) |
30.06.09 Rs 000 |
31.03.09 Rs 000 (Audited) |
| On-Balance Sheet Assets | ||||
| Cash in hand | 408 | 308 | 602,971 | 616,772 |
| Balances with Central Bank of Sri Lanka | - | - | 694,234 | 768,383 |
| Due from Banks and other financial institutions | 2,343,150 | 2,605,663 | 4,352,420 | 5,141,035 |
| Investments - trading account | 20,617 | 9,607 | 955,909 | 3,180,809 |
| Government securities | - | - | 935,292 | 3,163,776 |
| Other securities | 20,617 | 9,607 | 20,617 | 17,033 |
| Investments - held to maturity ( net of provisions ) | 7,485,678 | 7,823,629 | 17,134,313 | 11,881,458 |
| Government securities | 5,697,300 | 5,905,209 | 14,886,795 | 9,487,023 |
| Investments in ordinary shares | 392,605 | 386,001 | 493,640 | 510,760 |
| Investments in preference shares | 1,044,250 | 1,186,417 | 1,237,605 | 1,379,773 |
| Investments in debentures | 351,523 | - | 515,023 | 163,500 |
| Investments in unit trusts | - | 346,002 | 50,000 | 396,002 |
| Less : Provision for decline in value of Investments | - | - | 48,750 | 55,600 |
| Investment in associate companies | 3,187,229 | 3,187,229 | 7,137,594 | 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 | 35,418,944 | 38,038,776 | 49,191,124 | 51,975,949 |
| Bills of exchange discounted | - | - | 317,182 | 307,400 |
| Overdrafts | - | - | 7,270,541 | 7,786,296 |
| Finance leases | 3,955,304 | 4,525,080 | 3,955,304 | 4,525,080 |
| Other loans | 31,463,640 | 33,513,696 | 37,648,097 | 39,357,173 |
| Total non performing loans and advances | 6,522,409 | 5,115,840 | 8,639,801 | 6,663,559 |
| Bills of exchange discounted | - | - | 49,970 | 35,485 |
| Overdrafts | - | - | 877,574 | 591,421 |
| Finance leases | 824,050 | 685,668 | 824,050 | 685,669 |
| Other loans | 4,152,254 | 3,096,950 | 5,103,807 | 3,836,970 |
| Loan interest receivable | 1,546,105 | 1,333,222 | 1,784,400 | 1,514,014 |
| Total gross loans and advances | 41,941,353 | 43,154,616 | 57,830,925 | 58,639,508 |
| Less : | ||||
| Interest in suspense | 1,546,105 | 1,333,222 | 2,005,254 | 1,680,413 |
| Provision for credit losses - specific | 1,363,738 | 1,233,405 | 1,837,837 | 1,637,869 |
| Provision for credit losses - general | 414,443 | 436,591 | 523,678 | 533,481 |
| Net loans and advances | 38,617,067 | 40,151,398 | 53,464,156 | 54,787,745 |
| Group balances receivable | 19,650 | 36,325 | - | - |
| Prepayments | 11,780 | 13,812 | 11,780 | 13,812 |
| Other receivables | 1,153,904 | 1,299,422 | 2,194,296 | 2,186,417 |
| Differed tax asset | - | - | 24,688 | - |
| Investment property | 6,500 | 6,500 | 143,170 | 141,215 |
| Goodwill on consolidation | - | - | 146,602 | 146,602 |
| Property and equipment (Net of accumulated depreciation) | 405,290 | 427,697 | 798,352 | 803,040 |
| Intangible assets | 42,648 | 45,942 | 157,568 | 169,482 |
| Total On Balance Sheet Assets | 56,171,088 | 58,484,699 | 87,818,053 | 86,997,441 |
| On Balance Sheet Liabilities | ||||
| Total deposits | 4,239,605 | 5,308,440 | 23,714,860 | 23,575,345 |
| Demand deposits | - | - | 658,616 | 707,641 |
| Savings deposits | - | - | 2,359,978 | 2,361,526 |
| Time deposits | 4,239,605 | 5,308,440 | 20,576,420 | 20,341,446 |
| Margin deposits | - | - | 73,357 | 79,939 |
| Other deposits | - | - | 46,489 | 84,793 |
| Total borrowings | 35,178,307 | 36,709,313 | 40,863,519 | 40,416,537 |
| Borrowings from CBSL | 1,189,982 | 1,346,391 | 1,189,982 | 1,346,391 |
| Borrowings from Banks and financial institutions in Sri Lanka | 6,700,000 | 5,500,000 | 8,177,583 | 6,250,000 |
| Borrowings from Banks and financial institutions abroad | 642,700 | 735,450 | 713,267 | 820,119 |
| Borrowings under repurchase agreements | 467,523 | 2,779,871 | 4,604,585 | 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 | 21,478,102 | 21,647,601 | 21,478,102 | 21,649,357 |
| Interest accrued | 816,730 | 1,192,127 | 1,270,791 | 1,648,996 |
| Current taxation | 98,172 | - | 158,585 | 220,576 |
| Deferred taxation | 271,990 | 285,194 | 291,820 | 290,597 |
| Other liabilities | 427,877 | 498,781 | 1,127,954 | 1,152,212 |
| Proposed Dividends | 661,777 | - | 661,777 | - |
| Total On Balance Sheet Liabilities | 41,694,458 | 43,993,855 | 68,089,306 | 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 | - | - | (80,975) | (85,038) |
| Retained profit | 579,339 | 772,862 | 1,663,235 | 1,841,264 |
| Shareholders' equity | 14,476,630 | 14,490,844 | 19,057,270 | 19,051,927 |
| Minority interest | - | - | 671,477 | 641,251 |
| Total equity | 14,476,630 | 14,490,844 | 19,728,747 | 19,693,178 |
| Total equity and liabilities | 56,171,088 | 58,484,699 | 87,818,053 | 86,997,441 |
| Off-Balance Sheet Items and Contra Accounts | ||||
| Contingencies | 874,029 | 1,074,791 | 7,478,678 | 7,044,507 |
| Commitments | 7,721,192 | 6,758,456 | 9,471,568 | 7,814,632 |
| Net assets value per share,Rs | 110.28 | 110.90 | 145.18 | 145.81 |
| Memorandum Information | ||||
| Number of employees | 413 | 419 | 964 | 950 |
| Number of branches | 15 | 15 | 61 | 59 |
| The highest, the lowest and the last traded market price recorded during the period ended | ||
| 30.06.2009 | 30.06.2008 | |
| - Highest price Rs. | 145.00 | 130.00 |
| - Lowest priceRs. | 67.00 | 110.25 |
| - Last traded price Rs. | 135.25 | 120.50 |