Table – 01
GROUP | BANK | |||||
2021 Rs. ’000 |
2020
Rs. ’000 |
Change % | 2021 Rs. ’000 |
2020
Rs. ’000 |
Change % |
|
Results for the year – (Rs. Bn.) | ||||||
Gross income | 163.675 | 151.966 | 7.70 | 160.886 | 149.711 | 7.46 |
Operating profit before Value Added Tax on financial services | 38.801 | 29.047 | 33.58 | 37.810 | 28.017 | 34.96 |
Value Added Tax on financial services | 5.845 | 4.531 | 28.99 | 5.809 | 4.505 | 28.95 |
Profit before taxation (PBT) | 32.957 | 24.520 | 34.41 | 32.001 | 23.511 | 36.11 |
Income tax expenses | 8.667 | 7.433 | 16.60 | 8.395 | 7.138 | 17.62 |
Profit after tax (PAT) | 24.290 | 17.087 | 42.16 | 23.606 | 16.373 | 44.17 |
Gross Dividends | 8.957 | 7.586 | 18.07 | 8.957 | 7.586 | 18.07 |
Position at the year end – (Rs. Bn.) | ||||||
Shareholders' Funds (Stated capital and reserves) | 167.475 | 159.193 | 5.20 | 164.894 | 157.146 | 4.93 |
Financial liabilities at amortised cost – due to depositors | 1,472.640 | 1,286.616 | 14.46 | 1,443.093 | 1,265.966 | 13.99 |
Financial assets at amortised cost – Loans and advances to other customers | 1,094.931 | 961.859 | 13.83 | 1,078.685 | 947.842 | 13.80 |
Total Assets | 1,983.491 | 1,762.496 | 12.54 | 1,949.213 | 1,736.218 | 12.27 |
Information per Ordinary Share (Rs.) | ||||||
Earnings (Basic) | 20.15 | 15.32 | 31.53 | 19.77 | 14.81 | 33.49 |
Earnings (Diluted) | 20.15 | 15.32 | 31.53 | 19.77 | 14.81 | 33.49 |
Dividends – Cash | – | – | – | 4.50 | 4.50 | – |
Dividends – Shares | – | – | – | 3.00 | 2.00 | 50.00 |
Net Assets Value | 140.24 | 136.42 | 2.80 | 138.08 | 134.67 | 2.53 |
Market value at the year end – Voting | N/A | N/A | – | 79.30 | 80.90 | (1.98) |
Market value at the year end – Non-voting | N/A | N/A | – | 72.00 | 70.10 | 2.71 |
Ratios | ||||||
Return on average shareholders' funds – (ROE) (%) | 14.87 | 11.64 | 3.23 | 14.66 | 11.28 | 3.38 |
Return on average assets – (ROA) (%) | 1.30 | 1.08 | 0.22 | 1.28 | 1.05 | 0.23 |
Financial intermediation margin (%) | N/A | N/A | – | 8.73 | 9.59 | (0.86) |
Total impairment provision as a % of gross loans and advances (%) | 5.97 | 5.41 | 0.56 | 5.94 | 5.38 | 0.56 |
Cost of risk on loans and advances (%) | 1.37 | 1.88 | (0.51) | 1.35 | 1.88 | (0.53) |
Non-performing loans ratio – Gross (%) | – | – | – | 4.62 | 5.11 | (0.49) |
Non-performing loans ratio – Net (%) | – | – | – | 1.44 | 2.18 | (0.74) |
Impaired loans (Stage 3) ratio (Based on proposed regulatory provisions) (%) | – | – | – | 3.85 | 6.78 | (2.93) |
Impairment (Stage 3) to Stage 3 Loans Ratio (Based on proposed regulatory provisions) (%) | – | – | – | 42.76 | 30.87 | 11.89 |
Price Earnings – Ordinary Voting Shares – (times) | N/A | N/A | – | 4.01 | 5.46 | (1.45) |
Dividend Yield – Ordinary Voting Shares (%) | N/A | N/A | – | 9.46 | 8.03 | 1.43 |
Dividend Cover on Ordinary Shares (times) | N/A | N/A | – | 2.64 | 2.28 | 0.36 |
Statutory Ratios % | ||||||
Liquid assets ratio – Domestic Banking Unit (DBU) (Minimum Requirement – 20%) | N/A | N/A | – | 38.73 | 44.99 | (6.26) |
Liquid assets ratio – Off Shore Banking Unit (OBC) (Minimum Requirement – 20%) | N/A | N/A | – | 36.39 | 32.70 | 3.69 |
Capital Adequacy Ratios (Under Basel III) (%) | ||||||
Common Equity Tier (CET) I capital ratio (Minimum Requirement – 2021 – 7.500%, 2020 – 7.500%) |
12.049 | 13.356 | (1.31) | 11.923 | 13.217 | (1.29) |
Tier I capital ratio (Minimum Requirement – 2021 – 9.000%, 2020 – 9.000%) | 12.049 | 13.356 | (1.31) | 11.923 | 13.217 | (1.29) |
Total capital ratio (Minimum Requirement – 2021 – 13.000%, 2020 – 13.000%) | 15.696 | 16.882 | (1.19) | 15.650 | 16.819 | (1.17) |
Liquidity Coverage Ratio (%) | ||||||
Rupee – (Minimum Requirement – 2021 – 100%, 2020 – 90%) | N/A | N/A | – | 425.97 | 599.38 | (173.41) |
All Currency – (Minimum Requirement – 2021 – 100%, 2020 – 90%) | N/A | N/A | – | 242.52 | 422.86 | (180.34) |
Financial Goals and Achievements – Bank
Financial Indicator | Goal | Achievement | ||||
2021 | 2020 | 2019 | 2018 | 2017 | ||
Return on average assets ROA (After Tax) (%) | Over 2% | 1.28 | 1.05 | 1.27 | 1.43 | 1.54 |
Return on average shareholders' funds (After Tax) (%) | Over 20% | 14.66 | 11.28 | 13.54 | 15.56 | 17.88 |
Growth in income (%) | Over 20% | 7.46 | 0.68 | 7.72 | 20.72 | 24.10 |
Growth in profit for the year (%) | Over 20% | 44.17 | (3.83) | (2.96) | 5.81 | 14.25 |
Growth in total assets (%) | Over 20% | 12.27 | 25.15 | 6.43 | 14.00 | 12.96 |
Dividend per share (DPS) (Rs.) | Over Rs. 5.00 | 7.50 | 6.50 | 6.50 | 6.50 | 6.50 |
Capital Adequacy Ratios | ||||||
CET I capital ratio (%) (Minimum requirement as per Basel III – 2021 – 7.500%, 2020 – 7.500%) | 2% buffer over the regulatory minimum requirement | 11.923 | 13.217 | 12.298 | 11.338 | 12.111 |
Tier I capital ratio (%) (Minimum requirement As per Basel III – 2021 – 9.000%, 2020 – 9.000%) | 11.923 | 13.217 | 12.298 | 11.338 | 12.111 | |
Total capital ratio (%) (Minimum requirement As per Basel III – 2021 – 13.000%, 2020 – 13.000%) | 2% buffer over the regulatory minimum requirement | 15.650 | 16.819 | 16.146 | 15.603 | 15.746 |