Company | Group | |||
As at 31 March | 2019 USD ’000 |
2018 USD ’000 |
2019 USD ’000 |
2018 USD ’000 |
Assets | ||||
Cash and cash equivalents | 18,702 | 28,335 | 24,474 | 30,601 |
Balances with banks and financial institutions | 19,330 | 28,064 | 41,875 | 56,243 |
Financial assets – Fair value through profit or loss/Held-for-trading | 132 | 1,122 | 411 | 2,026 |
Loans and receivables | 861,340 | 900,054 | 891,136 | 911,289 |
Insurance and reinsurance receivables | – | – | 5,027 | 2,611 |
Financial assets – Fair value other comprehensive income/Available-for-sale | 713 | 1,407 | 713 | 1,407 |
Debt instrument at amortised cost/Held to maturity | 45,436 | 31,398 | 51,621 | 38,618 |
Current tax receivables | – | 577 | – | 577 |
Investments in subsidiaries | 18,247 | 20,637 | – | – |
Investments in associate | 1,349 | 3,766 | 1,349 | 2,719 |
Investment property | – | 863 | 6,425 | 8,129 |
Property, plant and equipment | 6,236 | 7,493 | 22,809 | 26,409 |
Goodwill and intangible assets | 1,845 | 2,224 | 2,455 | 2,908 |
Leasehold property | 477 | 560 | 477 | 560 |
Deferred tax assets | – | – | 270 | 181 |
Other assets | 5,818 | 5,354 | 6,614 | 8,355 |
Total assets | 979,625 | 1,031,854 | 1,055,656 | 1,092,633 |
Liabilities | ||||
Due to banks | 154,851 | 256,353 | 173,027 | 268,634 |
Due to customers | 501,724 | 447,975 | 504,873 | 445,501 |
Debt securities issued | 120,792 | 101,352 | 119,991 | 101,352 |
Other financial liabilities | 14,083 | 29,833 | 13,995 | 28,726 |
Insurance liabilities and reinsurance payable | – | – | 27,712 | 26,036 |
Current tax liabilities | 12,708 | – | 13,193 | 402 |
Deferred tax liabilities | 4,753 | 14,614 | 6,484 | 15,018 |
Other liabilities | 8,315 | 8,158 | 9,122 | 8,838 |
Total liabilities | 817,226 | 858,285 | 868,397 | 894,507 |
Equity | ||||
Stated capital | 75,149 | 84,994 | 75,149 | 84,994 |
Statutory reserve fund | 11,686 | 11,799 | 11,756 | 11,799 |
Retained earnings | 75,863 | 73,860 | 86,291 | 84,551 |
Other reserves | (299) | 2,916 | 1,177 | 2,879 |
Total shareholders’ equity | 162,399 | 173,569 | 174,373 | 184,223 |
Non-controlling interest | – | – | 12,886 | 13,903 |
Total equity | 162,399 | 173,569 | 187,259 | 198,126 |
Total liabilities and equity | 979,625 | 1,031,854 | 1,055,656 | 1,092,633 |
Contingent liabilities and commitments | 43,763 | 47,973 | 43,836 | 48,952 |
Exchange rate of USD was Rs. 176.13 as at 31 March 2019 (Rs. 155.73 as at 31 March 2018).
The above Statement of Financial Position is solely for the convenience of stakeholders (shareholders, investors, bankers and other users of Financial Statements) and do not form part of the Financial Statements.