SANASA Development Bank PLC

Integrated Annual Report 2020

Supplementary Information

Sources and Utilisation of Income

Sources of income

For the year ended 31 December 2020
LKR ’000		 2019
LKR ’000 		2018
LKR ’000 		2017
LKR ’000 		2016
LKR ’000
Interest 14,485,392 13,839,972 11,985,315 9,757,778 7,229,388
Investments 956,610 1,239,352 1,161,472 1,071,555 947,799
Commission and other 705,450 438,273 493,349 537,863 260,340
Total 16,147,453 15,517,597 13,640,136 11,367,196 8,437,527

Utilisation of income

For the year ended 31 December 2020
LKR ’000		 2019
LKR ’000 		2018
LKR ’000 		2017
LKR ’000 		2016
LKR ’000
Employees
Salaries and other payments to staff 2,576,773 2,116,348 1,827,073 1,474,146 1,266,115
Suppliers
Interest paid 9,314,576 9,382,529 8,423,758 6,941,841 4,846,840
Other expenses 2,272,146 2,768,699 2,276,236 1,849,165 1,414,892
11,586,722 12,151,228 10,699,994 8,791,006 6,261,732
Net income before government taxes 1,983,957 1,250,021 1,113,069 1,102,044 909,680
Government
Income tax, VAT on FS, NBT and DRL 1,147,670 996,616 756,118 594,221 505,958
Shareholders
Dividends – – 136,947 131,249
Retained profit 836,287 253,405 356,950 370,876 272,473
836,287 253,405 356,950 507,823 403,722
Total 16,147,453 15,517,597 13,640,136 11,367,196 8,437,527
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