Cash flows from operating activities |
|
|
|
|
Interest receipts |
25,632,064 |
19,317,134 |
25,630,823 |
19,315,252 |
Interest payments |
(19,308,381) |
(13,071,125) |
(19,267,517) |
(13,039,859) |
Recoveries from loans previously written off |
36,769 |
24,499 |
36,769 |
24,499 |
Receipts from other operating activities |
1,338,987 |
1,643,470 |
1,813,361 |
1,923,001 |
Cash payments to employees and suppliers |
(5,409,931) |
(4,657,702) |
(5,695,191) |
(4,802,292) |
Value added tax and nation building tax on financial services |
(1,298,496) |
(798,410) |
(1,298,496) |
(798,410) |
Other levies |
(185,529) |
(157,564) |
(185,529) |
(157,564) |
Operating cash flows before changes in
operating assets and liabilities |
805,483 |
2,300,302 |
1,034,220 |
2,464,627 |
(Increase)/decrease in operating assets: |
|
|
|
|
Deposits held for regulatory or monetary control purposes |
(2,495,121) |
(2,508,759) |
(2,495,121) |
(2,508,757) |
Funds advanced to customers |
(26,935,976) |
(33,070,446) |
(26,935,976) |
(33,070,447) |
Others |
690,451 |
(339,086) |
723,354 |
(330,443) |
Increase/(decrease) in operating liabilities: |
|
|
|
|
Deposits from customers |
50,738,651 |
27,978,909 |
50,599,577 |
28,239,834 |
Negotiable certificates of deposit |
(259,665) |
32,898 |
(259,665) |
32,898 |
Others |
206,374 |
668,519 |
206,374 |
668,834 |
Net cash flows from/(used in) operating activities before income tax |
22,750,197 |
(4,937,663) |
22,872,763 |
(4,503,454) |
Income tax paid |
(1,404,889) |
(649,287) |
(1,455,337) |
(694,286) |
Net cash flows from/(used in) operating activities |
21,345,308 |
(5,586,950) |
21,417,426 |
(5,197,740) |
Cash flows from investing activities |
|
|
|
|
Dividends received |
680,893 |
688,785 |
629,428 |
604,526 |
Interest received |
6,122,521 |
3,190,625 |
6,171,449 |
3,226,799 |
Government Securities – net |
(9,062,415) |
(4,102,903) |
(9,062,415) |
(4,102,903) |
Proceeds from sale and redemption of securities |
2,960,619 |
748,838 |
2,960,619 |
748,838 |
Purchase of securities |
(1,661,972) |
(778,566) |
(1,674,972) |
(778,566) |
Investment in joint venture |
– |
(100,000) |
– |
(100,000) |
Investment in additional shares of subsidiaries –
(Synapsys Ltd) |
(65,000) |
– |
– |
– |
Purchase of property, equipment, intangibles and
investment property |
(880,905) |
(277,384) |
(992,860) |
(370,960) |
Proceeds from sale of equipment and investment property |
8,944 |
10,647 |
16,196 |
10,654 |
Net cash used in investing activities |
(1,897,315) |
(619,958) |
(1,952,555) |
(761,612) |
Cash flows from financing activities |
|
|
|
|
Issue of debentures |
– |
12,315,450 |
– |
12,315,450 |
Redemption of debentures |
(5,000,000) |
(2,096,000) |
(5,000,000) |
(2,096,000) |
Borrowing, medium and long-term |
11,510,776 |
4,484,011 |
11,510,776 |
4,484,011 |
Other borrowings – net |
(15,718,589) |
(2,628,484) |
(15,718,589) |
(2,628,484) |
Repayment of borrowing, medium and long term |
(3,943,757) |
(3,836,433) |
(3,943,757) |
(3,836,433) |
Dividends paid |
(1,180,868) |
(654,832) |
(1,241,185) |
(835,442) |
Net cash flows (used in)/from financing activities |
(14,332,438) |
7,583,712 |
(14,392,755) |
7,403,102 |
Net (increase) in cash and cash equivalents |
5,115,555 |
1,376,804 |
5,072,116 |
1,443,750 |
Cash and cash equivalents at the beginning of year |
5,682,051 |
4,305,247 |
5,760,245 |
4,316,495 |
Cash and cash equivalents at the end of year |
10,797,606 |
5,682,051 |
10,832,361 |
5,760,245 |
Reconciliation of cash and cash equivalents with items reported in the statement offinancial position |
|
|
|
|
Cash and cash equivalents (Note 24) |
4,106,225 |
4,330,934 |
4,120,230 |
4,344,260 |
Placements with banks (Note 26) |
6,691,381 |
1,351,117 |
6,712,131 |
1,415,985 |
|
10,797,606 |
5,682,051 |
10,832,361 |
5,760,245 |