Statement of Financial Position

	Note	As at 31 March 2021 Rs. ’000	As at 31 March 2020 Rs. ’000 *Restated	As at 1 April 2019 Rs. ’000 *Restated
Assets
Cash and cash equivalents	20	2,090,509	1,391,919	1,189,251
Financial assets measured at fair value through profit or loss (FVTPL)	21	160,639	56,442	1,727,013
Derivative financial assets	32	198,046	–	–
Loans and receivables to banks	22	2,966,711	3,691,374	3,195,205
Deposits with financial institutions	20	3,003,275	4,387,464	6,719,704
Loans and receivables to customers	24	75,058,331	72,422,827	71,582,081
Other investment securities	25	2,669,959	2,362,194	1,319,177
Investment property	26	20,198	20,198	20,198
Property, plant and equipment	27	3,090,338	2,950,554	2,384,016
Intangible assets	28	116,476	92,837	97,838
Goodwill on amalgamation	29	244,180	244,180	244,180
Right-of-use assets	30	797,001	840,868	–
Other assets	31	3,915,306	4,734,292	3,499,958
Total assets		94,330,969	93,195,149	91,978,621
Liabilities
Derivative financial liabilities	32	13,142	60,440	363,153
Deposits from customers	33	48,999,341	43,305,775	47,222,578
Debt securities issued	34	5,089,839	5,092,096	3,980,483
Other interest-bearing borrowings	35	21,719,986	27,505,136	26,473,852
Lease liabilities	30	810,682	804,390	–
Current tax liabilities	36	1,220,992	1,603,146	633,142
Deferred tax liabilities	37	376,460	609,271	1,336,061
Retirement benefit obligation	38	9,098	28,931	7,681
Other liabilities	39	2,039,209	2,629,604	3,091,402
Total liabilities		80,278,749	81,638,789	83,108,352
Equity
Stated capital	40	2,350,363	2,350,363	1,185,062
Reserves	41	2,495,581	2,301,317	2,240,471
Retained earnings	42	9,206,276	6,904,680	5,444,736
Total equity		14,052,220	11,556,360	8,870,269
Total liabilities and equity		94,330,969	93,195,149	91,978,621
Net assets value per share (Rs.)	43	201.34	165.58	127.09
Contingencies and commitments	44	2,704,783	503,323	269,613

* Comparative information as at 31 March 2020 and 1 April 2019 have been restated to reflect the effect of amalgamation. (Refer note 3)

The Notes to the Financial Statements on pages 144 to 248 form an integral part of these Financial Statements.

I certify that these Financial Statements have been prepared in compliance with the requirements of the Companies Act No. 07 of 2007 and Finance Business Act No. 42 of 2011.

Damith Tennakoon
Deputy CEO/Director/CFO

The Board of Directors is responsible for the preparation and the presentation of these Financial Statements.

Approved and signed for and on behalf of the Board.

C M Nanayakkara
Managing Director/CEO

J R Alastair Corera
Chairman

10 June 2021
Colombo