Ten year summary

	Company
	2019/20	2018/19	2017/18	2016/17	2015/16	2014/15	2013/14	2012/13	2011/12	2010/11
Financial capital
Operating results
Income (Rs. million)	33,599	32,736	28,603	23,859	19,186	20,542	20,628	18,205	12,912	9,212
Interest income (Rs. million)	31,459	30,836	26,705	22,041	17,876	19,248	19,534	17,245	12,002	8,263
Interest expenses (Rs. million)	15,787	15,646	14,500	11,830	7,941	9,248	11,266	10,140	6,302	3,542
Net interest income (Rs. million)	15,672	15,190	12,204	10,212	9,935	10,000	8,268	7,105	5,700	4,721
Non-interest income (Rs. million)	2,140	1,899	1,898	1,818	1,310	1,294	1,094	960	910	949
Impairment charges for loans and receivables and other losses (Rs. million)	4,752	1,955	1,430	216	258	1,645	1,218	698	308	18
Other operating expenses (Rs. million) [Note 2]	8,509	8,549	6,903	6,338	4,844	4,274	3,757	3,232	2,522	1,931
Profit before tax (PBT) (Rs. million)	4,552	6,585	5,770	5,476	6,143	5,375	4,387	4,135	3,781	3,721
Income tax expense (Rs. million)	1,609	2,169	1,460	1,467	1,796	1,622	1,263	1,285	1,206	1,142
Profit after tax (PAT) (Rs. million)	2,943	4,416	4,309	4,009	4,347	3,753	3,124	2,850	2,575	2,580
Return on assets (ROA) (%)	2.64	3.95	3.71	3.99	5.19	4.75	4.15	4.70	5.62	8.59
Cost to income ratio (%)	36.53	37.81	39.73	45.01	37.24	34.63	37.01	36.54	32.58	27.49
Financial position
Cash, balances with banks and reverse repo (Rs. million)	10,372	6,699	8,783	7,681	4,054	3,465	14,783	4,705	1,730	1,529
Loans and receivables (Rs. million)	147,748	151,708	140,165	134,055	109,872	98,411	90,218	88,404	71,289	49,385
Investments in subsidiaries (Rs. million)	3,214	3,214	3,214	2,075	1,875	1,875	1,475	1,475	3,118	1,805
Investments in Government Treasury Bills and Bonds (Rs. million)	4,107	8,003	4,890	2,968	4,930	5,266	4,747	540	–	–
Total assets (Rs. million)	171,660	172,541	160,694	150,457	124,336	112,323	113,776	97,437	78,658	55,849
Borrowings (Rs. million)	26,417	48,549	55,705	74,258	60,819	49,848	48,605	56,232	58,740	39,930
Deposits from customers (Rs. million) [Note 3]	106,701	88,369	69,763	44,723	33,836	34,094	40,921	18,847	–	–
Total equity (Rs. million)	30,247	28,603	27,030	24,697	22,772	21,136	19,196	18,023	16,809	8,442
Total liabilities and shareholders’ funds (Rs. million)	171,660	172,541	160,694	150,457	124,336	112,323	113,776	97,437	78,658	55,849
Financial cash inflows/(outflows)
Operating activities (Rs. million)	32,409	15,944	27,691	(998)	(8,533)	(7,351)	17,218	6,819	(4,956)	(19,535)
Investing activities (Rs. million)	(106)	302	(802)	(159)	(397)	(231)	(170)	(89)	(1,507)	(88)
Financing activities (Rs. million)	(28,104)	(16,452)	(28,716)	2,926	9,156	(738)	(8,927)	(4,007)	6,031	18,977
Net cash flows (Rs. million)	4,199	(206)	(1,827)	1,769	227	(8,320)	8,121	2,723	(432)	(646)
Human capital
Employees (Numbers)	2,401	2,329	2,085	2,085	1,834	1,666	1,575	1,184	1,050	855
PBT per employee (Rs. million)	1.92	2.98	2.77	2.79	3.51	3.32	3.38	3.70	3.97	5.16
Employees’ salaries and benefits (Rs. million)	3,701	3,438	2,974	2,556	1,807	1,565	1,338	1,026	763	593
Natural capital
Investment (Rs. million)	3.32	1.94	2.19	3.37	3.36	1.17	0.52	7.10	0.67	0.45
Trees planted (Nos.)	4,517	6,114	6,637	5,780	10,395	430	1,130	925	125	117
Carbon footprint (tCo2eq) (Note 4)	7,956	6,114	7,011	7,206	3,059	2,770	–	–	–	–
Social and relationship capital
Shareholders (Numbers)	8,644	8961	8,801	9,176	9,407	8,880	10,054	9,488	10,113	8
Number of ordinary shares (Nos. million)	1,628	1,580	1,580	1,580	1,580	1,580	1,580	1,560	1,560	50
Earnings per share (EPS) (Company) (Rs.)	1.83	2.80	2.73	2.54	2.75	2.38	1.98	1.83	1.65	51.60
Net assets per share (NAPS) (Rs.)	18.58	18.10	17.11	15.63	14.41	13.38	12.15	11.55	10.78	168.84
Market price per share (Rs.) [Note 5]
Highest	18.30	17.30	19.20	20.10	26.50	28.00	15.70	16.70	18.30	–
Lowest	12.00	12.90	15.50	15.30	15.40	14.20	13.00	10.30	11.00	–
Closing	12.20	13.40	15.80	15.60	16.00	22.10	14.30	13.10	11.60	–
Market capitalisation (Rs. million)	19,858	21,170	24,962	24,646	25,278	34,915	22,592	20,436	18,096	–
Price earnings ratio (PE) (Times)	6.67	4.79	5.79	6.14	5.82	9.29	7.22	7.16	7.03	–
Dividend per share (DPS) (Rs.)	1.20	1.25	1.25	1.25	1.25	1.25	1.25	1.25	0.55	1.50
Dividend paid (Rs. million)	1,929	1,975	1,975	1,975	1,975	1,975	1,975	1,950	855	75
Dividend yield (%)	9.84	9.33	7.91	8.01	7.81	5.66	8.74	9.54	8.62	–
Dividend cover (Times)	1.53	2.24	2.18	2.03	2.20	1.90	1.58	1.46	3.01	34.40
Dividend payout (%)	65.57	44.72	45.83	49.26	45.43	52.62	63.22	68.42	33.20	2.91
Return on equity (ROE) (%)	10.00	15.88	16.66	16.89	19.80	18.61	16.79	16.36	20.40	35.17
Return on capital employed (ROCE) (%)	12.37	13.98	13.69	12.04	11.99	13.92	14.40	15.33	16.27	15.02
Debt to equity (excluding deposits) (Times)	0.87	1.70	2.06	3.01	2.67	2.36	2.53	3.12	3.49	4.73
Debt to equity with contingent liabilities and commitments (Times)	1.13	1.97	2.34	3.25	2.77	2.57	2.80	3.39	3.51	5.12
Current ratio (Times)	0.83	0.82	0.80	0.84	0.85	0.93	0.88	0.85	0.58	0.71
Interest cover (Times)	1.29	1.42	1.40	1.46	1.77	1.58	1.39	1.41	1.60	2.05
Taxes paid to Government (Rs. million)	5,735	2,942	2,109	2,828	2,915	1,793	581	848	1,703	1,098
Taxes collected on behalf of Government (Rs. million)	1,137	1,434	1,151	1,048	1,313	1,250	1,411	908	706	539
Investment on CSR (Rs. million)	55.53	120.29	103.78	187.64	76.25	71.68	55.48	32.90	25.33	21.55
CCCSL – Ten Best Corporate Citizen Award	One of the Ten	One of the Ten	One of the Ten	Second runner–up	Winner	Winner	–	Winner	–	Winner
Capital adequacy ratios
Tier 1 capital/Core capital ratio [Note 6]	15.12	14.36	18.38	17.56	19.56	20.22	19.12	21.15	25.50	–
Required minimum Tier 1 Capital/Core capital ratio (%) [Note 6]	7.00	6.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	–
Total capital ratio/Total risk weighted capital ratio (%) [Note 6]	15.99	15.20	16.46	16.37	18.14	19.04	18.05	20.06	25.50	–
Required minimum total capital ratio/Total risk weighted capital ratio (%) [Note 6]	11.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	–
Manufactured and intellectual capital
Branches (Nos.)	103	103	103	103	92	89	85	33	34	30
Credit ratings and key accolades
Fitch Ratings Lanka	A+(lka)	AA-(lka)	AA-(lka)	AA-(lka)	AA-(lka)	AA-(lka)	AA-(lka)	AA-(lka)	A+(lka)	A(lka)
Fitch Ratings International (Note 7)	B–	B–	B	B	B	B+	B+	B+	–	–
Standard and Poor’s	Discontinued	Discontinued	B+/B	B+/B	B+/B	B+/B	B+/B	B+/B	–	–
Business today – Top 30 Listed Corporate Entities	13th Position	13th Position	15th Position	14th Position	17th Position	14th Position	18th Position	–	–	–

Note:

[1] Prior to 2012, all figures are as per Sri Lanka Accounting Standards (SLASs) prevailed at that time.

[2] Figures include total operating expenses and tax on financial services (excluding impairment charges for loans and receivables and other losses).

[3] After receiving the finance license in 2012, the Company started accepting fixed and savings deposits.

[4] The Company initiated evaluation of carbon emissions from 2014.

[5] The Company’s ordinary shares were quoted on the CSE on 24 November 2011.

[6] Central Bank of Sri Lanka introduced Finance Business Act Direction No. 3 of 2018 Capital Adequacy Requirements with effect from 1 July 2018.

[7] Discontinued with effect from 30 April 2020.