Annual Report 2012 - National Savings Bank

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228THE RESULTS OF A CHALLENGING YEARNOTES TO THE FINANCIAL STATEMENTS16. Cash and Cash EquivalentsBankGroupFor the year ended 31st December 2012 2011 2012 2011Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000Cash in hand 445,465 428,142 445,470 428,147Balances with banks 994,789 950,289 996,284 951,768Money at call and short notice 25,288 19,982 25,288 19,982Total 1,465,542 1,398,413 1,467,042 1,399,89717. Balances with Central BanksBankGroupFor the year ended 31st December 2012 2011 2012 2011Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000Statutory balances with Central Bank of Sri Lanka - - 242 117Total balances with Central Bank - - 242 11718. Placement with BanksBankGroupFor the year ended 31st December 2012 2011 2012 2011Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000Placement with Banks - Sri Lanka 5,973,585 5,280,528 5,973,585 5,280,528Total 5,973,585 5,280,528 5,973,585 5,280,52819. Derivative Financial InstrumentsBankGroupFor the year ended 31st December 2012 2011 2012 2011Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000Interest rate derivativesInterest rate swaps 9,401 34,458 9,401 34,458Total 9,401 34,458 9,401 34,458NATIONAL SAVINGS BANK . ANNUAL REPORT 2012
229THE RESULTS OF A CHALLENGING YEARNOTES TO THE FINANCIAL STATEMENTS20. Other Financial Assets Held For TradingBankGroupFor the year ended 31st December 2012 2011 2012 2011Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000Held for tradingSri Lanka Government SecuritiesTreasury Bill 1,746,470 390,998 1,746,470 390,998Treasury Bond 4,624,652 6,108,538 4,624,652 6,108,538Equity securities (Refer - Note 20 (a)) 4,452,752 5,089,989 4,452,752 5,089,989Total 10,823,874 11,589,525 10,823,874 11,589,52520.(a) Equity Securities (Quoted) - Bank & Group31-12-2012 31-12-2011 01-01-2011No. ofSharesMarket No. ofMarket No. ofMarketCost Value Shares Cost Value Shares Cost ValueRs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘0001. Banks, Finance & InsuranceCommercial Bank of Ceylon PLC 1,729,591 152,916 176,153 1,699,424 152,916 168,209 788,000 142,626 202,790DFCC Bank 1,342,024 194,396 149,950 1,342,024 194,396 149,969 1,092,124 146,510 215,656HNB Assurance PLC 105,332 6,556 5,103 105,332 6,556 5,943 768,600 55,778 59,339Hatton National Bank PLC (NV) 1,103,175 138,244 122,717 1,072,500 138,244 91,082 650,000 126,593 137,938Janashakthi Insurance Company PLC 1,699,500 26,322 17,813 1,699,500 26,322 25,569 1,538,400 23,833 24,516National Development Bank PLC 1,554,882 169,806 212,170 1,662,000 181,505 230,307 831,000 181,505 287,472Nations Trust Bank PLC 355,200 27,962 19,668 355,200 27,962 20,040 330,200 26,040 27,290Pan Asia Banking Corporation PLC 570,200 16,269 10,712 570,200 16,269 14,110 285,100 16,269 14,674Seylan Bank PLC (NV) 1,496,666 59,466 51,797 1,496,666 59,466 45,331 1,122,500 46,370 54,219Lanka Orix Leasing Company PLC 606,900 68,594 32,406 606,900 68,594 50,099 - - -Lanka Orix Finance PLC 4,550,000 50,340 17,096 4,550,000 50,340 37,380 - - -People's Finance PLC 142,504 8,392 4,861 142,504 8,392 5,036 - - -Ceylinco Insurance - - - - - - 276,700 117,225 104,074Hatton National Bank PLC - - - - - - 5,578,200 1,118,183 2,207,969Lanka Ventures - - - - - - 308,700 11,265 9,564Singer Finance - - - - - - 26,200 393 389919,263 820,448 930,962 843,073 2,012,590 3,345,8902. Beverage, Food & TobaccoCargills (ceylon) PLC 543,800 106,584 78,237 543,800 106,584 109,265 1,000,000 195,999 193,011Lanka Milk Foods (CWE) PLC 311,300 39,457 30,781 311,300 39,457 32,969 221,000 19,160 24,718146,041 109,018 146,041 142,235 215,159 217,7293. Chemical & PharmaceuticalsCIC Holdings PLC (NV) 183,700 17,302 10,027 183,700 17,302 14,001 469,500 42,972 45,123Haycarb PLC 502,800 93,793 85,066 502,800 93,793 77,139 405,800 77,350 67,680111,096 95,092 111,095 91,140 120,322 112,803NATIONAL SAVINGS BANK . ANNUAL REPORT 2012
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ROOTEDANNUAL REPORT 2012
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ROOTEDNATIONAL SAVINGS BANK l ANNUA
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5MISSIONProviding our customers wit
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7ROOTEDFor over 40 years, the Natio
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92000Establishment of subsidiary co
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11HOW WE PERFORMED IN 2012FINANCIAL
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13CHAPTER 1FIRMLY ANCHOREDSTRATEGY
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15A MESSAGE FROM MR SUNIL S. SIRISE
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17A MESSAGE FROM MR SUNIL S. SIRISE
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19A REVIEW BYMR. HENNAYAKE BANDARAG
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21A REVIEW BY MR HENNAYAKE BANDARAG
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23A REVIEW BY MR HENNAYAKE BANDARAG
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25CHAPTER 2HOW WE PERFORMED IN 2012
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33HOW WE PERFORMED IN 2012ECONOMIC
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35HOW WE PERFORMED IN 2012ECONOMIC
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37HOW WE PERFORMED IN 2012ACHIEVEME
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39HOW WE PERFORMED IN 2012OPERATION
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51HOW WE PERFORMED IN 2012FUTURE PL
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53CHAPTER 3ROOTED IN OUR HERITAGEGO
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55ROOTED IN OUR HERITAGEGOVERNANCE
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85ROOTED IN OUR HERITAGEBOARD OF DI
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87ROOTED IN OUR HERITAGEBOARD OF DI
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89ROOTED IN OUR HERITAGEGENERAL MAN
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91ROOTED IN OUR HERITAGECORPORATE M
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93ROOTED IN OUR HERITAGEEXECUTIVE M
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95ROOTED IN OUR HERITAGEREPORT OF T
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101ROOTED IN OUR HERITAGEREPORT OF
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103CHAPTER 4ASSESSING AND MANAGING
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105ASSESSING AND MANAGING OUR RISK
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137CHAPTER 5BRANCHING OUT INTO NEW
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139BRANCHING OUT INTO NEW VENTURESS
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173BRANCHING OUT INTO NEW VENTURESG
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175BRANCHING OUT INTO NEW VENTURESG
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Page 185 and 186: 183CHAPTER 6THE RESULTS OF A CHALLE
Page 187 and 188: 185THE RESULTS OF A CHALLENGING YEA
Page 229: 227THE RESULTS OF A CHALLENGING YEA
Page 253 and 254: 251CHAPTER 7ANNEXURESNATIONAL SAVIN
Page 255 and 256: 253STATEMENT OF FINANCIAL POSITION
Page 257 and 258: 255TEN YEARS AT A GLANCE(Rs Mn)Year
Page 259 and 260: 257OUR PRODUCTS AND SERVICESSAVINGS
Page 261 and 262: 259OUR PRODUCTS AND SERVICES19. Ran
Page 263 and 264: 261OUR PRODUCTS AND SERVICESOUR EXT
Page 265 and 266: 263BRANCH NETWORKCentral Province1.
Page 267 and 268: 265CORRESPONDENT BANKSCiti Bank NA,
Page 269 and 270: 267EXCHANGE COMPANIESHabib Qatar In
Page 271 and 272: 269GLOSSARYCredit RatingsAn evaluat
Page 273 and 274: 271GLOSSARYReturn on Average Assets
Page 275: 273CORPORATE INFORMATIONCOMPLIANCE
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Annual Report 2012 - National Savings Bank

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