Computation of Capital
| |
2008
Rs. '000 |
2007
Rs. ‘000 |
| TIER I: Core Capital |
|
|
| Paid-up Ordinary Shares/Common Stock/Assigned Capital |
9,548,123 |
9,514,809 |
| Statutory Reserve Fund |
1,847,916 |
1,634,497 |
| Published Retained Profits/(Accumulated Losses) |
140,477 |
103,704 |
| General and Other Reserves |
12,131,623 |
9,800,329 |
| Minority Interests (consistent with the above capital constituents) |
26,948 |
23,789 |
| LESS: |
|
|
| Other intangible assets |
(296,723) |
(268,486) |
Advances granted to employees of the bank for
the purchase of shares of the bank (ESOP) |
(6,625) |
(329,254) |
50% of the Investments in the Capital of Other
Banks and Financial Institutions |
(8,902) |
(13,898) |
| Total Eligible Core Capital (TIER I Capital) |
23,382,837 |
20,465,490 |
| TIER II: Supplementary Capital |
|
|
| Revaluation Reserves (as approved by Central Bank of Sri Lanka) |
651,037 |
650,168 |
| General Provisions |
1,545,951 |
867,204 |
| Approved Subordinated Term Debt |
3,517,102 |
4,615,548 |
| LESS: |
|
|
50% of the Investments in the Capital of Other
Banks and Financial Institutions |
(8,902) |
(13,898) |
| Total Eligible Supplementary Capital (TIER II Capital) |
5,705,189 |
6,119,022 |
| Total Capital Base |
29,088,026 |
26,584,512 |
|
|
|
|
|
|
Computation of Ratios
| |
2008
Rs. '000 |
2007
Rs. ‘000 |
| Total Risk Weighted Assets |
|
|
| Total Risk Weighted Assets for Credit Risk |
202,398,714 |
187,227,606 |
| Total Risk Weighted Assets for Market Risk |
859,023 |
3,577,010 |
| Total Risk Weighted Assets for Operational Risk |
18,327,883 |
13,941,576 |
| Sub Total |
221,585,620 |
204,746,192 |
| Minimum Capital Charge |
|
|
| Minimum Capital Charge for Credit Risk |
20,239,871 |
18,722,761 |
| Minimum Capital Charge for Market Risk |
85,902 |
357,701 |
| Minimum Capital Charge for Operational Risk |
1,832,788 |
1,394,158 |
| Sub Total |
22,158,562 |
20,474,619 |
| Total Capital available to meet the Capital charge |
|
|
| Total Eligible Core Capital (TIER 1 Capital) |
23,382,837 |
20,465,490 |
| Total Eligible Supplementary Capital (TIER II Capital) |
5,705,189 |
6,119,022 |
| Total Capital Base |
29,088,026 |
26,584,512 |
| Core Capital Ratio (Minimum Requirement 5%) |
|
|
| Total Eligible Core Capital (TIER I Capital) |
23,382,837 |
20,465,490 |
| Total Risk Weighted Assets |
221,585,620 |
204,746,192 |
| |
10.55% |
10.00% |
| Total Capital Ratio (Minimum Requirement 10%) |
|
|
| Total Capital Base |
29,088,026 |
26,584,512 |
| Total Risk Weighted Assets |
221,585,620 |
204,746,192 |
|
13.13% |
12.98% |
|
|
|
|
|
|
|
