Income Statement
BANK | GROUP | |||||
For the year ended 31 December | Note | Page No. | 2021 LKR ’000 |
2020 LKR ’000 |
2021 LKR ’000 |
2020 LKR ’000 |
Gross income | 10 | 222 | 42,648,762 | 43,299,800 | 43,029,280 | 43,604,447 |
Interest income | 36,599,000 | 39,089,986 | 36,599,512 | 39,095,445 | ||
Interest expenses | 23,946,256 | 28,083,159 | 23,918,895 | 28,052,259 | ||
11 | 222 | 12,652,744 | 11,006,827 | 12,680,617 | 11,043,186 | |
Fee and commission income | 2,888,346 | 2,193,474 | 2,887,711 | 2,192,557 | ||
Fee and commission expenses | 292,468 | 132,157 | 292,468 | 132,157 | ||
12 | 225 | 2,595,878 | 2,061,317 | 2,595,243 | 2,060,400 | |
Net gain from trading | 13 | 226 | 844,898 | 479,153 | 844,898 | 479,153 |
Net loss from financial instruments at fair value through profit or loss | 14 | 227 | (247,268) | (497,931) | (247,268) | (497,931) |
Net gains from derecognition of financial assets | 15 | 227 | 1,391,008 | 510,386 | 1,391,008 | 510,386 |
Net other operating income | 16 | 228 | 1,172,778 | 1,524,732 | 1,553,419 | 1,824,837 |
18,410,038 | 15,084,484 | 18,817,917 | 15,420,031 | |||
Impairment for loans and other losses | 17 | 229 | 4,485,288 | 3,297,892 | 4,485,288 | 3,327,892 |
13,924,750 | 11,786,592 | 14,332,629 | 12,092,139 | |||
Operating expenses | ||||||
Personnel expenses | 18 | 235 | 3,897,725 | 3,399,704 | 4,078,512 | 3,588,172 |
Depreciation and amortisation | 19 | 237 | 1,023,851 | 919,657 | 1,074,173 | 970,958 |
Other expenses | 20 | 237 | 3,459,642 | 3,067,229 | 3,400,862 | 2,995,346 |
5,543,532 | 4,400,002 | 5,779,082 | 4,537,663 | |||
Taxes on financial services | 21 | 238 | 1,217,068 | 1,001,562 | 1,217,068 | 1,001,562 |
4,326,464 | 3,398,440 | 4,562,014 | 3,536,101 | |||
Share of profits of associate and joint venture | – | – | 296,662 | 407,785 | ||
4,326,464 | 3,398,440 | 4,858,676 | 3,943,886 | |||
Income tax expense | 22 | 239 | 1,104,601 | 1,010,405 | 1,193,565 | 1,097,101 |
3,221,863 | 2,388,035 | 3,665,111 | 2,846,785 | |||
Profit attributable to: | ||||||
Equity holders of the Bank | 3,221,863 | 2,388,035 | 3,548,938 | 2,744,961 | ||
Non-controlling interests | – | – | 116,173 | 101,824 | ||
3,221,863 | 2,388,035 | 3,665,111 | 2,846,785 | |||
Earnings per share | ||||||
Basic/diluted earnings per ordinary share (LKR) | 23 | 242 | 10.14 | 7.83 | 11.17 | 9.00 |
The notes to the financial statements from pages 179 to 309 form part of these financial statements.