BANK		GROUP
As at 31 December	Note	2024 LKR ’000	2023 LKR ’000	2024 LKR ’000	2023 LKR ’000
Assets
Cash and cash equivalents	26	13,504,806	14,478,468	13,523,475	14,483,062
Balances with Central Bank of Sri Lanka	27	2,328,346	2,107,776	2,328,346	2,107,776
Placements with banks	28	11,229,492	29,138,098	11,229,492	29,173,988
Derivative financial assets	29	9,643,442	16,499,171	9,643,442	16,499,171
Financial assets measured at fair value through profit or loss	30	7,416,018	1,740,928	7,416,018	1,740,928
Financial assets at amortised cost – Loans and advances to banks	31	1,500,338	–	1,500,338	–
Financial assets at amortised cost – Loans and advances to customers	32	394,361,480	348,767,466	394,361,480	348,767,466
Financial assets at amortised cost – Debt and other instruments	33	105,641,690	68,031,313	105,701,871	68,094,041
Financial assets measured at fair value through other comprehensive income	34	138,258,226	134,902,765	138,258,226	134,902,765
Investments in subsidiaries	35	237,035	237,035	–	–
Investment in associate	36	33,169	33,169	38,597	36,844
Investment in joint venture	37	–	755,000	–	4,402,238
Investment properties	38	9,879	9,879	490,069	468,385
Property, plant and equipment	39	3,872,654	3,499,737	4,080,706	3,704,411
Intangible assets and goodwill	40	2,001,636	1,926,287	2,170,201	2,101,256
Deferred tax assets	41	4,893,483	5,407,626	4,913,002	5,415,426
Current tax assets	49	–	–	2,010	–
Other assets	42	7,821,132	13,415,565	8,060,939	13,622,800
Asset held for sale	43	755,000	–	5,480,475	–
Total assets		703,507,826	640,950,283	709,198,687	645,520,557
Liabilities
Due to banks	44	7,149,474	52,793,464	7,149,474	52,793,464
Derivative financial liabilities	29	909,188	381,653	909,188	381,653
Financial liabilities at amortised cost – Due to depositors	45	465,153,180	407,225,313	464,359,564	406,584,864
Financial liabilities at amortised cost – Due to other borrowers	46	96,755,632	72,022,734	96,755,632	72,022,734
Debt securities issued	47	14,690,723	16,311,577	14,690,723	16,311,577
Employee benefits	48	1,409,232	1,371,126	1,450,966	1,400,921
Current tax liabilities	49	3,066,586	4,426,683	3,160,100	4,535,557
Deferred tax liability	41	–	–	96,804	104,276
Other liabilities and provisions	50	12,106,760	9,604,502	12,545,632	9,937,474
Subordinated term debt	51	18,234,054	9,072,265	18,234,054	9,072,265
Total liabilities		619,474,829	573,209,317	619,352,137	573,144,785
Equity
Stated capital	53	14,710,454	13,866,557	14,710,454	13,866,557
Statutory reserve fund	54	3,657,968	3,239,968	3,657,968	3,239,968
Retained earnings	55	35,834,730	28,250,357	42,668,104	33,645,590
Other reserves	56	29,829,845	22,384,084	28,363,593	21,231,498
Total equity attributable to equity holders of the Bank		84,032,997	67,740,966	89,400,119	71,983,613
Non-controlling interests	57	–	–	446,431	392,159
Total equity		84,032,997	67,740,966	89,846,550	72,375,772
Total equity and liabilities		703,507,826	640,950,283	709,198,687	645,520,557
Contingent liabilities and commitments	58	222,538,011	193,992,770	222,538,011	193,992,770
Net assets value per share, LKR		194.22	160.54	206.63	170.60

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

I certify that these financial statements comply with the requirements of the Companies Act No. 07 of 2007.

19 February 2025