| BANK | GROUP | ||||||
| For the year ended 31 December | Note | 2015 LKR ’000 |
2014 LKR ’000 |
Change % |
2015
LKR ’000 |
2014 LKR ’000 |
Change
% |
| Gross income | 4 | 25,855,311 | 24,961,945 | 4 | 26,915,863 | 26,204,626 | 3 |
| Interest income | 5.1 | 21,167,848 | 20,974,578 | 1 | 21,431,932 | 21,151,976 | 1 |
| Interest expenses | 5.2 | 13,646,025 | 13,299,977 | 3 | 13,624,555 | 13,238,571 | 3 |
| Net interest income | 5 | 7,521,823 | 7,674,601 | (2) | 7,807,377 | 7,913,405 | (1) |
| Fee and commission income | 6 | 2,016,260 | 1,866,242 | 8 | 3,156,841 | 2,564,095 | 23 |
| Net gains/(losses) from trading | 7 | 1,088,464 | 910,027 | 20 | 1,088,464 | 910,027 | 20 |
| Net gains/(losses) from financial investments | 8 | 262,048 | 716,507 | (63) | 493,739 | 1,250,884 | (61) |
| Other operating income | 9 | 1,320,691 | 494,591 | 167 | 744,887 | 327,644 | 127 |
| Total operating income | 12,209,286 | 11,661,968 | 5 | 13,291,308 | 12,966,055 | 3 | |
| Impairment for loans and receivables and other losses | 10 | 711,833 | 566,003 | 26 | 746,145 | 528,708 | 41 |
| Net operating income | 11,497,453 | 11,095,965 | 4 | 12,545,163 | 12,437,347 | 1 | |
| Less: Operating expenses | |||||||
| Personnel expenses | 11 | 3,204,228 | 2,872,738 | 12 | 3,633,627 | 3,172,387 | 15 |
| Other expenses | 12 | 2,845,350 | 2,436,454 | 17 | 3,196,253 | 2,738,228 | 17 |
| Total operating expenses | 6,049,578 | 5,309,192 | 14 | 6,829,880 | 5,910,615 | 16 | |
| Operating profit before tax on financial services | 5,447,875 | 5,786,773 | (6) | 5,715,283 | 6,526,732 | (12) | |
| Tax on financial services | 13 | (910,442) | (1,029,250) | (12) | (910,442) | (1,029,250) | (12) |
| Operating profit after tax on financial services | 4,537,433 | 4,757,523 | (5) | 4,804,841 | 5,497,482 | (13) | |
| Share of associate companies' profits/(losses) | 14 | – | – | – | 77,818 | 97,274 | (20) |
| Profit before taxation | 4,537,433 | 4,757,523 | (5) | 4,882,659 | 5,594,756 | (13) | |
| Taxation | 15 | (1,026,002) | (1,339,459) | (23) | (1,212,564) | (1,348,784) | (10) |
| Profit for the year | 3,511,431 | 3,418,064 | 3 | 3,670,095 | 4,245,972 | (14) | |
| Profit attributable to equity holders of the parent | 3,511,431 | 3,418,064 | 3 | 3,542,040 | 4,133,932 | (14) | |
| Non-controlling interests | – | – | – | 128,055 | 112,040 | 14 | |
| 3,511,431 | 3,418,064 | 3 | 3,670,095 | 4,245,972 | (14) | ||
| Earnings Per Share on Profit | 16 | ||||||
| Basic Earnings Per Share (in LKR) | – | – | – | 21.51 | 25.14 | (14) | |
| Diluted Earnings Per Share (in LKR) | – | – | – | 21.51 | 25.11 | (14) | |
| Dividend Per Share (in LKR) | 17 | 11.00 | 11.00 | – | |||
The Notes to the Financial Statements form an integral part of these Financial Statements.