At the moment, there are no entries available for display
BANK | GROUP | |||||
For the year ended 31 December |
Note |
2023 LKR ’000 |
2022 LKR ’000 |
2023 LKR ’000 |
2022 LKR ’000 |
|
Gross income | 10 | 106,883,450 | 74,959,516 | 107,441,538 | 75,471,383 | |
Interest income | 96,921,523 | 69,863,356 | 96,924,661 | 69,867,327 | ||
Interest expenses | 65,697,026 | 43,342,290 | 65,584,019 | 43,268,327 | ||
Net interest income | 11 | 31,224,497 | 26,521,066 | 31,340,642 | 26,599,000 | |
Fee and commission income | 5,239,924 | 3,643,039 | 5,238,670 | 3,641,487 | ||
Fee and commission expenses | 1,335,294 | 766,002 | 1,335,294 | 766,002 | ||
Net fee and commission income | 12 | 3,904,630 | 2,877,037 | 3,903,376 | 2,875,485 | |
Net gains from trading | 13 | 1,055,107 | 63,216 | 1,055,107 | 63,216 | |
Net gains from derecognition of financial assets | 14 | 2,838,626 | 99,112 | 2,838,626 | 99,112 | |
Net other operating income | 15 | 828,270 | 1,290,793 | 1,384,474 | 1,800,241 | |
Total operating income | 39,851,130 | 30,851,224 | 40,522,225 | 31,437,054 | ||
Impairment for loans and other losses | 16 | 13,984,830 | 17,041,471 | 13,984,830 | 17,058,972 | |
Net operating income | 25,866,300 | 13,809,753 | 26,537,395 | 14,378,082 | ||
Operating expenses | ||||||
Personnel expenses | 17 | 4,777,944 | 4,444,212 | 5,037,299 | 4,678,123 | |
Depreciation and amortisation | 18 | 1,123,853 | 1,124,666 | 1,190,663 | 1,188,433 | |
Other expenses | 19 | 5,818,220 | 4,548,101 | 5,756,308 | 4,478,732 | |
Operating profit before taxes on financial services | 14,146,283 | 3,692,774 | 14,553,125 | 4,032,794 | ||
Taxes on financial services | 20 | 3,185,957 | 1,253,301 | 3,185,957 | 1,253,301 | |
Operating profit after taxes on financial services | 10,960,326 | 2,439,473 | 11,367,168 | 2,779,493 | ||
Share of profits of associate and joint venture | – | – | 1,140,981 | 332,719 | ||
Profit before income tax | 10,960,326 | 2,439,473 | 12,508,149 | 3,112,212 | ||
Income tax expense | 21 | 3,740,624 | (73,879) | 3,849,610 | 70,301 | |
Profit for the year | 7,219,702 | 2,513,352 | 8,658,539 | 3,041,911 | ||
Profit attributable to: | ||||||
Equity holders of the Bank | 7,219,702 | 2,513,352 | 8,485,146 | 2,932,475 | ||
Non-controlling interests | – | – | 173,393 | 109,436 | ||
Profit for the year | 7,219,702 | 2,513,352 | 8,658,539 | 3,041,911 | ||
Earnings per share | ||||||
Basic/diluted earnings per ordinary share (LKR) | 22 | 17.27 | 6.75 | 20.30 | 7.88 |
The notes to the financial statements form part of these financial statements.