| Cash flow from operating activities |
|
|
|
|
| Interestreceipts |
6,873,761 |
8,031,204 |
13,921,453 |
15,694,336 |
| Interest payments |
(4,292,672) |
(4,771,971) |
(9,144,115) |
(10,043,247) |
| Recoveries on loans previously written-off |
42,471 |
75,467 |
46,244 |
80,030 |
| Receipts from other operating activities |
72,612 |
286,418 |
2,105,965 |
1,154,641 |
| Cash payments to employees & suppliers |
(1,405,580) |
(1,521,416) |
(3,562,254) |
(3,627,296) |
| Value added tax and nation building on tax financial services |
(600,176) |
(433,006) |
(871,983) |
(627,445) |
| Other levies |
(34,187) |
(28,418) |
(37,699) |
(31,677) |
| Operating cash flow before changes in operating assets
and liabilities |
656,229 |
1,638,278 |
2,457,611 |
2,599,342 |
| (Increase)/decrease in operating assets: |
|
|
|
|
| Deposits held for regulatory or monetary control purposes |
– |
– |
254,086 |
(249,983) |
| Funds advanced to customers |
(10,941,817) |
(2,113,890) |
(23,632,764) |
(13,335,278) |
| Others |
(229,292) |
(411,745) |
(321,067) |
(207,252) |
| Increase/(decrease) in operating liabilities: |
|
|
|
|
| Deposits from customers |
5,549,600 |
1,142,696 |
11,727,396 |
17,523,144 |
| Negotiable certificates of deposit |
– |
– |
(37,703) |
157,886 |
| Others |
96,982 |
(113,978) |
223,154 |
(208,455) |
| Net cash flow from operating activities before income tax |
(4,868,298) |
141,361 |
(9,329,287) |
6,279,404 |
| Income tax paid |
(576,581) |
(437,112) |
(810,755) |
(642,540) |
| Net cash flow from/(used in) operating activities |
(5,444,879) |
(295,751) |
(10,140,042) |
5,636,864 |
| Cash flow from investing activities |
|
|
|
|
| Dividend received |
1,565,746 |
1,180,769 |
1,383,206 |
1,030,905 |
| Interest received |
663,278 |
850,068 |
1,239,098 |
1,017,921 |
| Government securities – Net |
1,019,756 |
(5,891,816) |
(2,707,313) |
(11,642,253) |
| Proceeds from sale and redemption of securities |
3,138,109 |
799,270 |
3,138,109 |
799,270 |
| Purchase of securities |
(2,451,221) |
(825,716) |
(10,920,313) |
(825,716) |
Investment in additional shares of subsidiaries
- DFCC Vardhana Bank PLC |
– |
(2,195,611) |
– |
– |
| - Synapsys Limited |
– |
(17,000) |
– |
– |
| Purchase of property, equipment, intangibles and
investment property |
(60,774) |
(134,731) |
(389,311) |
(441,002) |
| Proceeds from sale of equipment and investment property |
1,940 |
23,014 |
1,962 |
32,006 |
| Net cash from/(used in) investing activities |
3,876,834 |
(6,211,753) |
(8,254,562) |
(10,028,869) |
| Cash flow from financing activities |
|
|
|
|
| Issue of new shares by subsidiary |
– |
– |
– |
14,655 |
| Share issue expenses |
– |
– |
– |
(11,051) |
| Issue of debentures |
4,963,600 |
– |
4,963,600 |
– |
| Borrowing, medium andlong-term |
2,662,392 |
13,477,741 |
2,662,392 |
13,474,943 |
| Other borrowing – Net |
(3,552,000) |
(556,250) |
11,364,228 |
742,068 |
| Repayment of borrowing, medium and long-term |
(3,798,259) |
(9,411,130) |
(3,801,057) |
(10,461,798) |
| Dividends paid |
(1,451,188) |
(1,319,694) |
(1,506,965) |
(1,375,261) |
| Net cash flow from/(used in) financing activities |
(1,175,455) |
2,190,667 |
13,682,198 |
2,383,556 |
| Net decrease in cash & cash equivalents |
(2,743,500) |
(4,316,837) |
(4,712,406) |
(2,008,449) |
| Cash & cash equivalents at the beginning ofperiod |
3,242,119 |
7,558,956 |
9,917,573 |
11,926,022 |
| Cash & cash equivalents at the end of period |
498,619 |
3,242,119 |
5,205,167 |
9,917,573 |
| Reconciliation of cash & cash equivalents with items
reported in the statement of financial position |
|
|
|
|
| Cash and cash equivalents (Note 25) |
110,576 |
545,388 |
4,060,820 |
2,933,360 |
| Bank overdraft (Note 45) |
(328,579) |
– |
(330,545) |
– |
| Placements with banks (Note 27) |
716,622 |
2,681,779 |
1,324,892 |
3,138,181 |
| Government securities - less than 3 months |
– |
14,952 |
150,000 |
3,846,032 |
|
498,619 |
3,242,119 |
5,205,167 |
9,917,573 |
