BANK		GROUP
For the year ended 31 December	Note	2024 LKR ’000	2023 LKR ’000	2024 LKR ’000	2023 LKR ’000
Gross income	10	89,559,338	106,883,450	90,156,259	107,441,538
Interest income		76,907,481	96,921,523	76,910,407	96,924,661
Interest expenses		48,786,254	65,697,026	48,708,495	65,584,019
Net interest income	11	28,121,227	31,224,497	28,201,912	31,340,642
Fee and commission income		6,334,637	5,239,924	6,333,848	5,238,670
Fee and commission expenses		1,405,415	688,960	1,405,415	688,960
Net fee and commission income	12	4,929,222	4,550,964	4,928,433	4,549,710
Net gains from trading	13	1,272,879	1,055,107	1,272,879	1,055,107
Net gains from derecognition of financial assets	14	3,868,231	2,838,626	3,868,231	2,838,626
Net other operating income	15	1,176,110	828,270	1,770,894	1,384,474
Total operating income		39,367,669	40,497,464	40,042,349	41,168,559
Impairment for loans and other losses	16	4,648,360	13,984,830	4,648,360	13,984,830
Net operating income		34,719,309	26,512,634	35,393,989	27,183,729
Operating expenses
Personnel expenses	17	8,328,225	4,777,944	8,580,640	5,037,299
Depreciation and amortisation	18	1,216,293	1,123,853	1,290,198	1,190,663
Other expenses	19	7,260,546	6,464,554	7,289,290	6,402,642
Operating profit before taxes on financial services		17,914,245	14,146,283	18,233,861	14,553,125
Taxes on financial services	20	4,415,824	3,185,957	4,415,824	3,185,957
Operating profit after taxes on financial services		13,498,421	10,960,326	13,818,037	11,367,168
Share of profits of associate		–	–	1,536	1,614
Profit before income tax		13,498,421	10,960,326	13,819,573	11,368,782
Income tax expense	21	5,145,890	3,740,624	5,265,098	3,849,610
Profit for the year from continuing operations		8,352,531	7,219,702	8,554,475	7,519,172
Discontinued Operation
Profit for the year from discontinued operations, net of tax	22	–	–	1,377,926	1,139,367
Profit for the year		8,352,531	7,219,702	9,932,401	8,658,539
Profit attributable to:
Equity holders of the Bank		8,352,531	7,219,702	9,777,516	8,485,146
Non-controlling interests		–	–	154,885	173,393
Profit for the year		8,352,531	7,219,702	9,932,401	8,658,539
Earnings per share
Basic/diluted earnings per ordinary share (LKR)	23	19.40	17.27	22.71	20.30
Basic/diluted earnings per ordinary share (LKR) – continuing operations	23	19.40	17.27	19.51	17.58

The notes to the financial statements from pages 235 to 374 form part of these financial statements.