| BANK | GROUP | |||||
| For the year ended 31 December | Note | Page No. |
2022
LKR ’000 |
2021
LKR ’000 |
2022
LKR ’000 |
2021
LKR ’000 |
| Gross income | 10 | 256 | 73,008,272 | 42,648,762 | 73,520,140 | 43,029,280 |
| Interest income | 67,460,357 | 36,599,000 | 67,464,328 | 36,599,512 | ||
| Interest expenses | 41,391,046 | 23,946,256 | 41,317,083 | 23,918,895 | ||
| Net interest income | 11 | 257 | 26,069,311 | 12,652,744 | 26,147,245 | 12,680,617 |
| Fee and commission income | 3,643,039 | 2,888,346 | 3,641,487 | 2,887,711 | ||
| Fee and commission expenses | 766,002 | 292,468 | 766,002 | 292,468 | ||
| Net fee and commission income | 12 | 259 | 2,877,037 | 2,595,878 | 2,875,485 | 2,595,243 |
| Net (loss)/gain from trading | 13 | 261 | (213,103) | 436,675 | (213,103) | 436,675 |
|
Net gain/(loss) from financial instruments at fair value through profit or loss |
14 | 261 | 276,319 | (247,268) | 276,319 | (247,268) |
| Net gains from derecognition of financial assets | 15 | 262 | 99,112 | 1,391,008 | 99,112 | 1,391,008 |
| Net other operating income | 16 | 262 | 1,742,548 | 1,581,002 | 2,251,996 | 1,961,642 |
| Total operating income | 30,851,224 | 18,410,038 | 31,437,054 | 18,817,917 | ||
| Impairment for loans and other losses | 17 | 263 | 17,041,471 | 4,485,288 | 17,058,972 | 4,485,288 |
| Net operating income | 13,809,753 | 13,924,750 | 14,378,082 | 14,332,629 | ||
| Operating expenses | ||||||
| Personnel expenses | 18 | 271 | 4,444,212 | 3,897,725 | 4,678,123 | 4,078,512 |
| Depreciation and amortisation | 19 | 273 | 1,124,666 | 1,023,851 | 1,188,433 | 1,074,173 |
| Other expenses | 20 | 273 | 4,548,101 | 3,459,642 | 4,478,732 | 3,400,862 |
| Operating profit before taxes on financial services | 3,692,774 | 5,543,532 | 4,032,794 | 5,779,082 | ||
| Taxes on financial services | 21 | 274 | 1,253,301 | 1,217,068 | 1,253,301 | 1,217,068 |
| Operating profit after taxes on financial services | 2,439,473 | 4,326,464 | 2,779,493 | 4,562,014 | ||
| Share of profits of associate and joint venture | – | – | 332,719 | 296,662 | ||
| Profit before income tax | 2,439,473 | 4,326,464 | 3,112,212 | 4,858,676 | ||
| Income tax expense | 22 | 275 | (73,879) | 1,104,601 | 70,301 | 1,193,565 |
| Profit for the year | 2,513,352 | 3,221,863 | 3,041,911 | 3,665,111 | ||
| Profit attributable to: | ||||||
| Equity holders of the Bank | 2,513,352 | 3,221,863 | 2,932,475 | 3,548,938 | ||
| Non-controlling interests | – | – | 109,436 | 116,173 | ||
| Profit for the year | 2,513,352 | 3,221,863 | 3,041,911 | 3,665,111 | ||
| Earnings per share | ||||||
| Basic/diluted earnings per ordinary share (LKR) | 23 | 278 | 6.75 | 10.14 | 7.88 | 11.17 |
The notes to the financial statements from pages 211 to 355 form part of these financial statements.