Group | BANK | |||||
As at December 31, | 2018 USD ’000 | 2017 USD ’000 | Change % | 2018 USD ’000 | 2017 USD ’000 | Change % |
Cash and cash equivalents | 242,382 | 189,472 | 27.92 | 216,035 | 181,555 | 18.99 |
Balances with central banks | 302,768 | 248,887 | 21.65 | 297,184 | 244,817 | 21.39 |
Placements with banks | 108,735 | 96,357 | 12.85 | 108,735 | 96,357 | 12.85 |
Securities purchased under resale agreements | 51,986 | – | – | 51,986 | – | – |
Derivative financial assets | 43,224 | 12,757 | 238.83 | 43,224 | 12,757 | 238.83 |
Financial assets recognised through profit or loss/ Held for trading – measured at fair value |
30,165 | 24,103 | 25.15 | 30,165 | 24,103 | 25.15 |
Financial assets at amortised cost – loans and advances to banks | 4,170 | 3,500 | 19.14 | 4,170 | 3,500 | 19.14 |
Financial assets at amortised cost – loans and advances to other customers | 4,741,049 | 4,057,072 | 16.86 | 4,705,466 | 4,029,763 | 16.77 |
Financial assets at amortised cost – debt and other financial instruments/ financial Investments held to maturity and loans and receivables | 487,838 | 645,236 | (24.39) | 458,226 | 613,526 | (25.31) |
Financial assets measured at fair value through other comprehensive income/financial Investments – available for sale | 965,905 | 846,523 | 14.10 | 964,518 | 845,432 | 14.09 |
Investments in subsidiaries | – | – | – | 23,299 | 16,754 | 39.07 |
Investments in associates | 576 | 600 | (4.00) | 242 | 242 | – |
Property, plant and equipment | 92,979 | 89,164 | 4.28 | 83,613 | 79,971 | 4.55 |
Intangible assets | 7,836 | 6,837 | 14.61 | 4,951 | 4,245 | 16.63 |
Leasehold property | 563 | 571 | (1.40) | 392 | 397 | (1.26) |
Deferred tax assets | 1,030 | – | – | – | – | – |
Other assets | 131,429 | 94,880 | 38.52 | 130,662 | 94,525 | 38.23 |
Total assets | 7,212,635 | 6,315,959 | 14.20 | 7,122,868 | 6,247,944 | 14.00 |
Due to banks | 286,131 | 329,207 | (13.08) | 273,776 | 312,137 | (12.29) |
Derivative financial liabilities | 43,835 | 20,101 | 118.07 | 43,835 | 20,101 | 118.07 |
Securities sold under repurchase agreements | 267,494 | 270,669 | (1.17) | 268,330 | 271,458 | (1.15) |
Financial liabilities recognised through profit or loss – measured at fair value | – | – | – | – | – | – |
Financial liabilities at amortised cost – due to depositors | 5,433,721 | 4,684,535 | 15.99 | 5,371,789 | 4,645,506 | 15.63 |
Financial liabilities at amortised cost – other borrowings | 138,590 | 129,979 | 6.62 | 138,590 | 129,979 | 6.62 |
Current tax liabilities | 36,809 | 22,966 | 60.28 | 35,882 | 22,644 | 58.46 |
Deferred tax liabilities | 5,308 | 19,482 | (72.75) | 3,531 | 17,895 | (80.27) |
Other provisions | – | – | – | – | – | – |
Other liabilities | 134,139 | 106,600 | 25.83 | 132,274 | 105,056 | 25.91 |
Due to subsidiaries | – | – | – | 224 | 407 | (44.96) |
Subordinated liabilities | 207,608 | 137,519 | 50.97 | 207,609 | 137,519 | 50.97 |
Total liabilities | 6,553,635 | 5,721,058 | 14.55 | 6,475,840 | 5,662,702 | 14.36 |
Stated capital | 213,923 | 202,970 | 5.40 | 213,923 | 202,970 | 5.40 |
Statutory reserves | 40,679 | 35,478 | 14.66 | 40,187 | 35,393 | 13.55 |
Retained earnings | 27,049 | 27,796 | (2.69) | 27,667 | 27,254 | 1.52 |
Other reserves | 370,797 | 323,891 | 14.48 | 365,251 | 319,625 | 14.27 |
Total equity attributable to equity holders of the Bank | 652,448 | 590,135 | 10.56 | 647,028 | 585,242 | 10.56 |
Non-controlling interest | 6,552 | 4,765 | 37.50 | – | – | – |
Total equity | 659,000 | 594,900 | 10.77 | 647,028 | 585,242 | 10.56 |
Total liabilities and equity | 7,212,635 | 6,315,959 | 14.20 | 7,122,868 | 6,247,944 | 14.00 |
Contingent liabilities and commitments | 3,600,329 | 3,088,950 | 16.56 | 3,599,574 | 3,086,311 | 16.63 |
Net assets value per share (USD) | 0.65 | 0.59 | 10.17 | 0.64 | 0.59 | 8.47 |
An exchange rate of 1 USD equals 183 LKR for both the years, has been used to facilitate comparison.