Financial and Operational Highlights

Financial Highlights

GROUP BANK
2013 2012 Change 2013 2012 Change
Rs. Mn. Rs. Mn. % Rs. Mn. Rs. Mn. %
Results for the year
Income 73,101.378 63,373.753 15.35 73,159.580 63,395.047 15.40
Profit before Financial VAT and Taxation 16,654.587 16,287.867 2.25 16,479.473 16,282.646 1.21
Profit Before Taxation (PBT) 14,692.751 14,312.914 2.65 14,510.519 14,295.333 1.51
Provision for Taxation 4,119.294 4,231.747 (2.66) 4,065.008 4,197.004 (3.15)
Profit After Taxation (PAT) 10,573.457 10,081.167 4.88 10,445.511 10,098.329 3.44
Revenue to the Governments 5,959.636 6,078.192 (1.95) 5,905.636 6,043.192 (2.82)
Gross Dividends 5,519.235 5,421.421 1.80 5,519.235 5,421.421 1.80
 
At the year end
Shareholders’ Funds (Capital and Reserves) 61,446.228 52,968.420 16.01 60,943.999 52,577.000 15.91
Deposits 451,098.946 390,568.682 15.50 451,152.923 390,611.548 15.50
Gross Loans and Advances 379,237.437 343,739.337 10.33 379,252.897 343,797.081 10.31
Total Assets 607,192.266 512,220.640 18.54 606,607.105 511,742.708 18.54
 
Information per Ordinary Share (Rs.)
Earnings (Basic) 12.45 12.11 2.81 12.31 12.13 1.48
Earnings (Diluted) 12.43 12.09 2.81 12.29 12.11 1.49
Dividends - Cash – – – 4.50 4.50 –
Dividends - Shares – – – 2.00 2.00 –
Net Assets Value 72.37 63.55 13.88 71.78 63.08 13.79
Market value at the year end - Voting N/A N/A – 120.40 103.00 16.89
Market value at the year end - Non-voting N/A N/A – 93.00 91.10 2.09
 
Ratios
Return on Average Shareholders’ Funds (%) 18.48 20.76 (2.28%pt) 18.40 20.96 (2.56%pt)
Return on Average Assets (%) 1.89 2.11 (0.22%pt) 1.87 2.12 (0.25%pt)
Price Earnings (times) - Ordinary Voting Shares N/A N/A 9.79 8.50 15.18
Price Earnings (times) - Ordinary Non-voting Shares N/A N/A 7.56 7.52 0.53
Year-on-year growth in Earnings (%) 4.88 27.09 (22.21%pt) 3.44 28.10 (24.66%pt)
Dividend Yield (%) - Ordinary Voting Shares N/A N/A 5.40 6.31 (0.91%pt)
Dividend Yield (%) - Ordinary Non-voting Shares N/A N/A 6.99 7.14 (0.15%pt)
Dividend Cover on Ordinary Shares (times) N/A N/A 1.89 1.86 1.61
 
Statutory Ratios:
Liquid Assets (%) N/A N/A – 34.05 25.79 8.26%pt
Capital Adequacy Ratios:
Tier I (%) - Minimum requirement 5% 13.30 12.63 0.67%pt 13.27 12.64 0.63%pt
Tier I & II (%) - Minimum requirement 10% 16.93 13.84 3.09%pt 16.91 13.85 3.06%pt

 

Financial Goals and Achievements

Goal Achievement
Financial Indicator - Bank 2013 2012 2011 2010 2009
Return on Average Assets (ROA) (%) Over 2% 1.87 2.12 1.94 1.60 1.43
Return on Average Shareholders’ Funds (ROE) (%) Over 20% 18.40 20.96 20.28 17.87 15.83
Growth in Income (%) Over 20% 15.40 38.25 10.45 (5.07) (0.85)
Growth in Profit After Taxation (%) Over 15% 3.44 28.10 42.72 28.30 0.86
Growth in Total Assets (%) Over 15% 18.54 15.95 18.95 14.81 14.82
Dividend per Share (DPS) (Rs.) Over Rs. 5.00 6.50 6.50 6.00 7.00 7.00
Capital Adequacy Ratios - Group
Tier I (%) - Minimum Requirement 5% Over 8% 13.30 12.63 12.11 10.86 11.92
Tier I & II (%) - Minimum Requirement 10% Over 13% 16.93 13.84 13.01 12.26 13.93

 

Non-Financial Indicators

2013 2012 2011 2010 2009
Customers Growth in No. of Deposits & Advances Accounts (%) 7.26 12.19 8.93 7.55 15.71
No. of Customer Touch Points
Branches - In Sri Lanka 235 227 213 187 172
Branches - In Bangladesh 18 17 17 17 15
ATMs - In Sri Lanka 585 555 497 401 355
ATMs - In Bangladesh 19 17 17 13 13
Employees Total No. of employees 4,730 4,602 4,524 4,321 4,071
Average hours of training per employee per year 32.54 22.59 25.48 22.22 20.45
Employee attrition ratio (%) 4.29 3.28 3.82 3.36 2.82
Business Partners Assets purchased (other than investments) (Rs. Mn.) 969.00 996.74 1,149.50 830.84 665.45
No. of Correspondent Banks 48 47 47 47 50
Government Institutions Taxes to Governments (Rs. Mn.) 6,191.58 6,257.83 4,693.01 6,503.01 5,150.97
Taxes collected on behalf of Governments (Rs. Mn.) 977.94 621.36 498.94 473.36 711.99
Community Donations (Rs. Mn.) 51 51 110 57 22