Annual Report 2012 - National Savings Bank

More documents

Recommendations

Info

238THE RESULTS OF A CHALLENGING YEARNOTES TO THE FINANCIAL STATEMENTS31. Due to BanksBankGroupFor the year ended 31st December 2012 2011 2012 2011Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000Securities sold under repurchase (repo) agreements - - 5,266,168 8,833,694Other facility 337,014 128,948 337,014 128,948Total 337,014 128,948 5,603,182 8,962,64232. Due to Other CustomersBankGroupFor the year ended 31st December 2012 2011 2012 2011Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000Amount due to other customers 457,650,387 421,849,063 457,650,387 421,849,063Total 457,650,387 421,849,063 457,650,387 421,849,063BankGroupFor the year ended 31st December 2012 2011 2012 2011Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘00032. (a) Analysis by productSavings deposits 108,139,999 106,026,686 108,139,999 106,026,686Fixed deposits 349,510,388 315,822,377 349,510,388 315,822,377Total 457,650,387 421,849,063 457,650,387 421,849,06332. (b) Analysis by CurrencySri Lankan Rupee 451,970,975 416,677,115 451,970,975 416,677,115United States Dollar 2,816,044 2,570,586 2,816,044 2,570,586Great Britain Pound 1,034,042 938,167 1,034,042 938,167Others 1,829,326 1,663,195 1,829,326 1,663,195Total 457,650,387 421,849,063 457,650,387 421,849,06333. Other BorrowingsBankGroupFor the year ended 31st December 2012 2011 2012 2011Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000Securities sold under repurchase (repo) agreements 22,620,945 16,141,529 25,628,549 19,923,444Total 22,620,945 16,141,529 25,628,549 19,923,444NATIONAL SAVINGS BANK . ANNUAL REPORT 2012
239THE RESULTS OF A CHALLENGING YEARNOTES TO THE FINANCIAL STATEMENTS34. Other LiabilitiesBankGroupFor the year ended 31st December 2012 2011 2012 2011Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000Sundry creditors 272,194 276,906 272,194 277,048Interest payable 125,822 128,000 125,822 128,000Other payables (Refer Note 34.(a)) 4,228,702 4,301,890 4,242,382 4,304,431Total 4,626,718 4,706,796 4,640,398 4,709,47934 (a) Provision for Un-Funded Pension SchemeBankGroupAs at 31st December 2012 2011 2012 2011Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000Opening balance 2,025,553 - 2,025,553 -Amount Recognised in the Income Statement (126,935) 2,025,553 (126,935) 2,025,553Closing balance 1,898,618 2,025,553 1,898,618 2,025,55335. Stated Capital/Assigned CapitalBankGroupFor the year ended 31st December 2012 2011 2012 2011Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000Authorised1 Billion Ordinary Shares of Rs.10/= each 10,000,000 10,000,000 10,000,000 10,000,000Issued and fully Paid320 Million Ordinary Shares of Rs.10/= each 3,200,000 3,200,000 3,200,000 3,200,000Total 3,200,000 3,200,000 3,200,000 3,200,00036. Statutory Reserve FundBankGroup2012 2011 2012 2011Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000Opening balance 1,626,500 1,338,543 1,626,500 1,338,543Transfer during the period 86,627 287,957 86,627 287,957Closing balance 1,713,127 1,626,500 1,713,127 1,626,500NATIONAL SAVINGS BANK . ANNUAL REPORT 2012
Page 1:
ROOTEDANNUAL REPORT 2012
Page 5 and 6:
ROOTEDNATIONAL SAVINGS BANK l ANNUA
Page 7 and 8:
5MISSIONProviding our customers wit
Page 9 and 10:
7ROOTEDFor over 40 years, the Natio
Page 11 and 12:
92000Establishment of subsidiary co
Page 13 and 14:
11HOW WE PERFORMED IN 2012FINANCIAL
Page 15 and 16:
13CHAPTER 1FIRMLY ANCHOREDSTRATEGY
Page 17 and 18:
15A MESSAGE FROM MR SUNIL S. SIRISE
Page 19 and 20:
17A MESSAGE FROM MR SUNIL S. SIRISE
Page 21 and 22:
19A REVIEW BYMR. HENNAYAKE BANDARAG
Page 23 and 24:
21A REVIEW BY MR HENNAYAKE BANDARAG
Page 25 and 26:
23A REVIEW BY MR HENNAYAKE BANDARAG
Page 27 and 28:
25CHAPTER 2HOW WE PERFORMED IN 2012
Page 29 and 30:
Page 31 and 32:
Page 33 and 34:
Page 35 and 36:
33HOW WE PERFORMED IN 2012ECONOMIC
Page 37 and 38:
35HOW WE PERFORMED IN 2012ECONOMIC
Page 39 and 40:
37HOW WE PERFORMED IN 2012ACHIEVEME
Page 41 and 42:
39HOW WE PERFORMED IN 2012OPERATION
Page 43 and 44:
Page 45 and 46:
Page 47 and 48:
Page 49 and 50:
Page 51 and 52:
Page 53 and 54:
51HOW WE PERFORMED IN 2012FUTURE PL
Page 55 and 56:
53CHAPTER 3ROOTED IN OUR HERITAGEGO
Page 57 and 58:
55ROOTED IN OUR HERITAGEGOVERNANCE
Page 59 and 60:
Page 61 and 62:
Page 63 and 64:
Page 65 and 66:
Page 67 and 68:
Page 69 and 70:
Page 71 and 72:
Page 73 and 74:
Page 75 and 76:
Page 77 and 78:
Page 79 and 80:
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87 and 88:
85ROOTED IN OUR HERITAGEBOARD OF DI
Page 89 and 90:
87ROOTED IN OUR HERITAGEBOARD OF DI
Page 91 and 92:
89ROOTED IN OUR HERITAGEGENERAL MAN
Page 93 and 94:
91ROOTED IN OUR HERITAGECORPORATE M
Page 95 and 96:
93ROOTED IN OUR HERITAGEEXECUTIVE M
Page 97 and 98:
95ROOTED IN OUR HERITAGEREPORT OF T
Page 99 and 100:
Page 101 and 102:
Page 103 and 104:
101ROOTED IN OUR HERITAGEREPORT OF
Page 105 and 106:
103CHAPTER 4ASSESSING AND MANAGING
Page 107 and 108:
105ASSESSING AND MANAGING OUR RISK
Page 109 and 110:
Page 111 and 112:
Page 113 and 114:
Page 115 and 116:
Page 117 and 118:
Page 119 and 120:
Page 121 and 122:
Page 123 and 124:
Page 125 and 126:
Page 127 and 128:
Page 129 and 130:
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
137CHAPTER 5BRANCHING OUT INTO NEW
Page 141 and 142:
139BRANCHING OUT INTO NEW VENTURESS
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
Page 163 and 164:
Page 165 and 166:
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
Page 173 and 174:
Page 175 and 176:
173BRANCHING OUT INTO NEW VENTURESG
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
Page 185 and 186:
183CHAPTER 6THE RESULTS OF A CHALLE
Page 187 and 188:
185THE RESULTS OF A CHALLENGING YEA
Page 189 and 190: 187THE RESULTS OF A CHALLENGING YEA
Page 239: 237THE 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
show all

Annual Report 2012 - National Savings Bank

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?