Annual Report 2018
DOWNLOAD MANAGER MY REPORT CHART GENERATOR

Income Statement

BANK GROUP
For the year ended 31 December Notes 2018
LKR 000		 2017
LKR 000 		2018
LKR 000		 2017
LKR 000
Income 9 39,153,874 35,941,612 39,448,486 35,987,091
Interest income 38,148,193 32,986,590 38,149,896 32,994,636
Interest expenses 25,733,360 21,643,982 25,691,119 21,597,373
Net interest income 10 12,414,833 11,342,608 12,458,777 11,397,263
Fee and commission income 2,012,563 1,591,336 2,012,443 1,591,943
Fee and commission expenses – – – –
Net fee and commission income 11 2,012,563 1,591,336 2,012,443 1,591,943
Net (loss)/gain from trading 12 (366,657) 361,963 (366,657) 361,963
Net fair value gains/(losses) from financial
instruments at fair value through profit or loss 		13 2,650,664 (404,586) 2,650,664 (404,586)
Net gains from derecognition of financial assets 14 19,114 1,558 19,114 1,558
Net other operating income 15 (3,310,003) 1,404,751 (3,016,974) 1,441,577
Total operating income 13,420,514 14,297,630 13,757,367 14,389,718
Impairment for loans and other losses 16 1,056,230 1,176,413 1,056,230 1,170,366
Net operating income 12,364,284 13,121,217 12,701,137 13,219,352
Operating expenses
Personnel expenses 17 3,408,312 3,141,032 3,555,980 3,277,316
Depreciation and amortisation expenses 462,343 369,121 510,128 410,949
Other expenses 18 2,801,898 2,360,002 2,806,774 2,365,958
Operating profit before value added tax,
nation building tax and debt repayment
levy on financial services		 5,691,731 7,251,062 5,828,255 7,165,129
Value added tax, nation building tax and
debt repayment levy on financial services 		19 1,459,070 1,458,749 1,459,070 1,458,749
Operating profit after value added tax,
nation building tax and debt repayment
levy on financial services		 4,232,661 5,792,313 4,369,185 5,706,380
Share of profits of associate and joint venture – – 307,218 185,030
Profit before income tax 4,232,661 5,792,313 4,676,403 5,891,410
Income tax expense 20 1,464,482 1,377,349 1,606,176 1,457,653
Profit for the year 2,768,179 4,414,964 3,070,227 4,433,757
Profit attributable to:
Equity holders of the Bank 2,768,179 4,414,964 3,011,018 4,362,407
Non-controlling interests – – 59,209 71,350
Profit for the year 2,768,179 4,414,964 3,070,227 4,433,757
Basic earnings per ordinary share (LKR) 21 10.44 16.65 11.36 16.46


The notes to the financial statements form part of these financial statements.

TOP
Close