STATEMENT OF FINANCIAL POSITION IN USD

Bank

Group

As at 31 December

2023

2022

2023

2022

USD ’000

Assets

Cash and cash equivalents

418,465

353,616

424,079

372,424

Balances with Central Banks

107,842

194,141

107,842

194,141

Placements with banks

231,432

45,329

225,439

49,053

Securities purchased under resale agreements

11,459

4,077

11,408

4,030

Derivative financial instruments

63,366

157,405

63,366

157,405

Financial assets recognised through profit or loss measured at fair value

125,470

28,311

150,748

29,292

Financial assets at amortised cost

loans and advances

6,819,707

6,404,655

6,917,104

6,488,332

debt and other instruments

5,105,309

4,284,920

5,124,710

4,302,756

Financial assets measured at fair value through OCI

152,919

23,934

161,148

29,605

Investment in subsidiary companies

25,256

22,531

Investment in associate companies

287

256

2,276

1,885

Investment properties

7,454

6,650

295

289

Property, Plant and Equipment

131,403

95,963

183,892

140,432

Right of Use Assets/ Leasehold properties

10,832

8,268

9,220

7,227

Intangible assets

4,800

3,972

5,108

4,388

Deferred tax assets

57,123

42,900

57,405

42,958

Other assets

346,607

265,623

348,608

267,900

Total assets

13,619,731

11,942,551

13,792,648

12,092,117

Liabilities

Due to banks

9,409

31,712

9,763

31,802

Securities sold under repurchase agreements

242,227

496,319

240,272

495,549

Derivative financial instruments

6,697

2,537

6,697

2,537

Financial liabilities at amortised cost

due to depositors

11,985,036

9,183,923

12,069,464

9,248,433

other borrowings

103,933

1,075,403

109,880

1,093,563

Debt securities issued

2,256

162

Current tax liabilities

23,529

17,965

24,319

18,875

Deferred tax liabilities

9,056

7,420

Insurance contract liabilities - Life

1,110

978

Insurance contract liabilities - Non life

2,074

1,825

Other liabilities

272,106

259,083

277,337

265,554

Subordinated liabilities

199,713

175,589

198,928

174,874

Total liabilities

12,842,650

11,242,531

12,951,156

11,341,572

Equity

Share capital

79,432

70,860

79,432

70,860

Permanent reserve fund

48,360

41,671

48,360

41,671

Retained earnings

528,988

436,827

534,272

440,141

Cashflow hedge reserve

16,212

70,559

16,212

70,559

Other reserves

104,089

80,103

159,756

124,404

Total equity attributable to equity holder of the Bank

777,081

700,020

838,032

747,635

Non-controlling interest

3,460

2,910

Total equity

777,081

700,020

841,492

750,545

Total liabilities and equity

13,619,731

11,942,551

13,792,648

12,092,117

Contingent liabilities and commitments

4,751,761

3,703,836

4,781,663

3,709,400

Net assets value per share (USD)

31.08

28.00

33.52

29.91

Exchange rate of 1 USD was LKR 323.9233 as at 31 December 2023. (LKR 363.1100 as at 31 December 2022)

The Statement of Financial Position given in this page does not form part of the Audited Financial Statements and it is solely for the convenience of the

shareholders, investors, bankers and other interested parties of the Financial Statements of the Bank.