Table – 01
| GROUP | Bank | |||||
| 2019 | 2018 | Change % | 2019 | 2018 | Change % | |
| Results for the year – (Rs. Bn.) | ||||||
| Gross income | 150.741 | 139.657 | 7.94 | 148.706 | 138.049 | 7.72 |
| Operating profit before taxes on financial services | 30.230 | 32.144 | (5.96) | 29.531 | 31.643 | (6.68) |
| Taxes on financial services | 7.256 | 6.052 | 19.89 | 7.192 | 6.052 | 18.84 |
| Profit before taxation (PBT) | 22.984 | 26.099 | (11.93) | 22.339 | 25.591 | (12.71) |
| Income tax expenses | 5.564 | 8.236 | (32.45) | 5.314 | 8.047 | (33.96) |
| Profit after taxation (PAT) | 17.420 | 17.863 | (2.48) | 17.025 | 17.544 | (2.96) |
| Gross dividends | 6.679 | 6.571 | 1.64 | 6.679 | 6.571 | 1.64 |
Position at the year end – (Rs. Bn.) |
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| Shareholders’ funds (stated capital and reserves) | 134.424 | 119.398 | 12.59 | 133.162 | 118.406 | 12.46 |
| Financial liabilities at amortised cost – due to depositors | 1,068.983 | 994.371 | 7.50 | 1,053.308 | 983.037 | 7.15 |
| Gross loans and advances | 930.737 | 897.956 | 3.65 | 920.457 | 890.229 | 3.40 |
| Total assets | 1,408.941 | 1,319.912 | 6.75 | 1,387.345 | 1,303.485 | 6.43 |
Information per ordinary share (Rs.) |
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| Earnings (Basic/ Diluted) | 16.80 | 17.27 | (2.72) | 16.57 | 17.08 | (2.99) |
| Dividends – Cash | – | – | – | 4.50 | 4.50 | – |
| Dividends – Shares | – | – | – | 2.00 | 2.00 | – |
| Net assets value | 130.83 | 118.13 | 10.75 | 129.60 | 117.15 | 10.63 |
| Market value at the year end – Voting | N/A | N/A | – | 95.00 | 115.00 | (17.39) |
| Market value at the year end – Non-voting | N/A | N/A | – | 83.00 | 95.00 | (12.63) |
Ratios |
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| Return on average shareholders’ funds – (ROE) (%) | 13.73 | 15.71 | (1.98) | 13.54 | 15.56 | (2.02) |
| Return on average assets – (ROA) (%) | 1.28 | 1.44 | (0.16) | 1.27 | 1.43 | (0.16) |
| Financial intermediation margin (%) | N/A | N/A | – | 11.05 | 11.28 | (0.23) |
| Total impairment provision as a % of gross loans and advances (%) | 3.96 | 3.38 | 0.58 | 3.89 | 3.27 | 0.62 |
| Cost of risk on loans and advances (%) | 1.11 | 0.93 | 0.18 | 1.09 | 0.91 | 0.18 |
| Non-performing loans ratio – Gross (%) | – | – | – | 4.95 | 3.24 | 1.71 |
| Non-performing loans ratio – Net (%) | – | – | – | 3.00 | 1.71 | 1.29 |
| Price earnings – Ordinary voting shares (times) | N/A | N/A | – | 5.73 | 6.73 | (1.00) |
| Dividend yield – Ordinary voting shares (%) | N/A | N/A | – | 6.84 | 5.65 | 1.19 |
| Dividend cover on ordinary shares (times) | N/A | N/A | – | 2.55 | 2.63 | (0.08) |
Statutory ratios (%) |
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| Liquid assets ratio – Domestic Banking Unit (DBU) | N/A | N/A | – | 30.42 | 24.47 | 5.95 |
| Liquid assets ratio – Off Shore Banking Unit (OBC) | N/A | N/A | – | 25.25 | 30.20 | (4.95) |
Capital Adequacy Ratios (under Basel III) (%) |
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Common Equity Tier (CET) I capital ratio (minimum requirement – 2019 – 7.000% + HLA* = 8.500%, 2018 – 7.375%) |
12.399 | 11.431 | 0.968 | 12.298 | 11.338 | 0.960 |
| Tier I capital ratio (minimum requirement – 2019 – 8.500% + HLA* = 10.000%, 2018 – 8.875%) | 12.399 | 11.431 | 0.968 | 12.298 | 11.338 | 0.960 |
| Total capital ratio (minimum requirement – 2019 – 12.500% + HLA* = 14.000%, 2018 – 12.875%) | 16.182 | 15.623 | 0.559 | 16.146 | 15.603 | 0.543 |
Liquidity coverage ratio (%) |
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| Rupee – (minimum requirement – 2019 – 100%, 2018 – 90%) | N/A | N/A | – | 158.79 | 204.48 | (45.69) |
| All currency – (minimum requirement – 2019 – 100%, 2018 – 90%) | N/A | N/A | – | 224.74 | 215.62 | (9.12) |
* HLA – Higher Loss Absorbency (HLA applicable to the Bank is 1.5%).
Financial Goals and Achievements – Bank
Table – 02
| Financial indicator | Goal | Achievement | ||||
| 2019 | 2018 | 2017 | 2016 | 2015 | ||
| Return on average assets – after tax (ROA) (%) | Over 2 | 1.27 | 1.43 | 1.54 | 1.53 | 1.42 |
| Return on average shareholders’ funds – after tax (ROE) (%) | Over 20 | 13.54 | 15.56 | 17.88 | 19.52 | 16.90 |
| Growth in income (%) | Over 20 | 7.72 | 20.72 | 24.10 | 19.62 | 7.03 |
| Growth in profit for the year (%) | Over 20 | (2.96) | 5.81 | 14.25 | 21.92 | 6.47 |
| Growth in total assets (%) | Over 20 | 6.43 | 14.00 | 12.96 | 15.05 | 10.58 |
| Dividend per share (DPS) (Rs.) | Over Rs. 5.00 | 6.50 | 6.50 | 6.50 | 6.50 | 6.50 |
Capital Adequacy Ratios |
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| CET I capital ratio (%) – (Minimum requirement as per Basel III – 2019 – 8.500%, 2018 – 7.375%) | 2% buffer over the regulatory minimum requirement | 12.298 | 11.338 | 12.111 | N/A | N/A |
| Tier I capital ratio (%) – (Minimum requirement as per Basel III – 2019 – 10.000%, 2018 – 8.875%) | 12.298 | 11.338 | 12.111 | N/A | N/A | |
| Tier I capital ratio (%) – Minimum requirement as per Basel II – 5% | N/A | N/A | N/A | N/A | 11.56 | 11.60 |
| Total capital ratio (%) – (Minimum requirement as per Basel III – 2019 – 14.000%, 2018 – 12.875%) | 2% buffer over the regulatory minimum requirement | 16.146 | 15.603 | 15.746 | N/A | N/A |
| Total capital ratio (%) – Minimum requirement as per Basel II – 10% | N/A | N/A | N/A | N/A | 15.89 | 14.26 |