| Bank | Group | |||
| As at 31 December |
2016
USD ’000 |
2015
USD ’000 |
2016
USD ’000 |
2015
USD ’000 |
| Assets | ||||
| Cash and cash equivalents | 451,975 | 554,736 | 488,946 | 581,156 |
| Balances with Central Banks | 376,420 | 270,298 | 376,420 | 270,298 |
| Placements with banks | 77,935 | 194,191 | 86,326 | 196,829 |
| Securities purchased under resale agreements | 12,694 | 85,373 | 15,692 | 94,951 |
| Derivative financial instruments | 35,386 | 51,501 | 35,386 | 51,501 |
| Financial instruments – Held for trading | 56,569 | 84,500 | 58,776 | 88,337 |
| Financial investments – Loans and receivables | 1,280,872 | 1,614,310 | 1,281,603 | 1,617,382 |
| Loans and advances to customers | 6,676,119 | 5,739,112 | 6,860,935 | 5,913,450 |
| Financial investments – Available for sale | 69,847 | 83,447 | 108,569 | 112,914 |
| Financial investments – Held to maturity | 1,623,354 | 1,709,598 | 1,623,858 | 1,710,021 |
| Investment in subsidiary companies | 41,476 | 43,128 | – | – |
| Investment in associate companies | 621 | 5,852 | 2,808 | 13,274 |
| Investment properties | 20,027 | – | 852 | 1,012 |
| Property, Plant and Equipment | 103,352 | 113,324 | 194,927 | 183,544 |
| Leasehold properties | 680 | 726 | 909 | 974 |
| Intangible assets | 3,762 | 2,591 | 4,377 | 3,498 |
| Deferred tax assets | – | – | 36 | 70 |
| Other assets | 312,379 | 333,496 | 318,570 | 337,893 |
| Total assets | 11,143,468 | 10,886,183 | 11,458,990 | 11,177,104 |
| Liabilities | ||||
| Due to banks | 13,634 | 18,259 | 13,711 | 18,276 |
| Securities sold under repurchase agreements | 396,693 | 606,357 | 393,363 | 598,449 |
| Derivative financial instruments | 1,146 | 1,085 | 1,146 | 1,085 |
| Due to customers | 8,388,448 | 7,512,980 | 8,502,212 | 7,621,360 |
| Other borrowings | 1,304,872 | 1,735,979 | 1,365,055 | 1,775,587 |
| Debt securities issued | 22,878 | 23,789 | 55,810 | 60,417 |
| Current tax liabilities | – | 14,444 | 1,689 | 15,855 |
| Deferred tax liabilities | 9,608 | 10,530 | 27,228 | 27,409 |
| Insurance provision – Life | – | – | 3,436 | 3,084 |
| Insurance provision – Non-life | – | – | 5,176 | 3,593 |
| Other liabilities | 128,383 | 149,833 | 144,569 | 160,957 |
| Subordinated term debts | 257,982 | 247,306 | 255,643 | 244,964 |
| Total liabilities | 10,523,644 | 10,320,562 | 10,769,038 | 10,531,036 |
| Equity | ||||
| Share capital | 100,134 | 69,414 | 100,134 | 69,414 |
| Permanent reserve fund | 53,378 | 36,165 | 53,378 | 36,165 |
| Retained earnings | 361,513 | 354,611 | 371,555 | 374,062 |
| Other reserves | 104,799 | 105,431 | 159,014 | 159,412 |
| Total equity attributable to equity holder of the Bank | 619,824 | 565,621 | 684,081 | 639,053 |
| Non-controlling interest | – | – | 5,871 | 7,015 |
| Total equity | 619,824 | 565,621 | 689,952 | 646,068 |
| Total liabilities and equity | 11,143,468 | 10,886,183 | 11,458,990 | 11,177,104 |
| Contingent liabilities and commitments | 3,654,196 | 4,837,192 | 3,660,438 | 4,844,696 |
| Net assets value per share (USD) | 61.98 | 56.56 | 68.41 | 63.91 |
Exchange rate of one USD was LKR 149.80 as at 31 December 2016 (LKR 144.0623 as at 31 December 2015).
The Statement of Financial Position given in this page does not form part of the Audited Financial Statements and it is solely for the convenience of the shareholder, investors, bankers and other interested parties of the Financial Statements of the Bank.