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Standard Chartered Bank, Sri Lanka

Standard Chartered PLC

Rupees Thousands

US $m

CONSOLIDATED INCOME STATEMENT

INCOME STATEMENT
Current Period Previous Period

Current Period

Previous Period

From
01/01/2014
to
30/06/2014

From
01/01/2013
to
30/06/2013

From
01/01/2013
to
30/09/2013

Interest income

6,263,335

6,746,112

Interest Income

8,603

8,914

Interest expense

1,830,277

2,536,540

Interest Expense

(2,999 )

(3,316 )

Net Interest income

4,433,058

4,209,572

Net interest income

5,604

5,598

Fee and Commission income

1,120,865

1,277,716

Fee and Commissions expenses

(62,719)

Item

(75,625)

Fees and commission income

2,284

1,058,146

1,202,091

Fees and commission expense

Net gain/(loss) from trading

1,036,059

1,478,242

Net trading income

954

1,685

Other operating income

635

610

13,575

48,929

Net gain/(Loss) from financial investments

180,911

167,071

Other operating income(net)

166,297

152,078

6,888,046

7,257,983

designated at fair value through profit or loss

Total operating income


Individual impairment

154,219

75,654

Collective impairment

16,732

44,824

6,717,095

7,137,505

Others
Net operating income

(223 )

Non-interest income

3,650

4,390

9,254

9,988

(3,454 )

(3,397 )

Premises costs

(441 )

(426 )

General administrative expenses

(875 )

(860 )

Depreciation and amortisation


Operating expenses

(313 )

(351 )

(5,083 )

(5,034 )

4,171

4,954

Operating profit before impairment losses and taxation


Personnel expenses

1,219,023

Depreciation and amortisation


Other expenses
Operating profit/(loss) before value added tax (VAT)
VAT on financial services
Operating profit/(loss) after value added tax (VAT)

96,968

91,832

920,448

935,356

4,480,656

4,870,072

549,142

474,502

and advances and other credit risk provisions

(846 )

Goodwill impairment
Other

(11 )

Profit from associates

113

112

Profit before taxation

3,253

3,325

3,931,514

4,395,570

Taxation

(849 )

1,204,068

1,528,447

Profit for the period

2,727,446

2,867,123

Profit Attributable to:

Profit attributable to:


2,727,446

2,867,123

2,727,446

2,867,123

Basic earnings per ordinary share

Diluted earnings per ordinary share

Standard Chartered Bank, Sri Lanka

2,236

44

55

Parent company shareholders

2,360

2,181

Profit for the period

2,404

2,236

Earnings per share:

Earnings per share

Previous
Period

From
01/01/2014
to
30/09/2014

From
01/01/2013
to
30/09/2013

2,727,446

2,867,123

Diluted earnings per ordinary share

94.0c

87.3c

Memorandum Information
Number of Employees
Number of Branches

US $m

Previous
Period

From
01/01/2014
to
30/06/2014

From
01/01/2013
to
30/06/2013

2,404

Actuarial gain/(losses) on retirement benefit obligations

Actuarial gains and losses on defined benefit plans

Items that may be reclassified subsequently to

Gains and losses from translating the


-

Gains and losses on cash flow hedges

Others

Share of profits of associates and joint ventures

(70 )

Other comprehensive income for the period, net of taxes


Total comprehensive income for the period

136,887

8,356

2,864,333

Net impairment loss on loans and advances

Net gains/(losses) taken to equity

358

Net (losses)/gains on net investment hedges

(58 )

81

Change in Statutory Deposits with

(3)

Change in placements with banks

(1,112)

Change in loans and receivables to banks

278

Reclassified to income statement

Change in loans and receivables to other customers

(115)

(249 )

(210)

Net (losses)/gains taken to equity

67

(161)

Change in other assets

Reclassified to income statement

(2)

2,875,479

Other comprehensive income for the year, net of taxation


Total comprehensive income for the year

2,864,333

2,875,479

2,864,333

2,875,479

Non-controlling interests

64

305

822

29

Parent company shareholders

Standard Chartered Bank, Sri Lanka

39

Balance as at 01/01/14 (Opening Balance)

(2,700 )

(8,381 )
389,924

422,511

(146,944 )

1,335,046

(26,796,561 )

(6,728,914 )

3,400,701

(6,057,809 )

179,527

780,911

2,680

783

2,709

822

Tax paid
Net cash generated from/(used in) operating activities

6,762,439

(121,743 )
21,644,927

386,261

(471,613 )

1,527,671

(774,103 )

6,263,336

7,461,066

(1,830,277 )

(2,536,540 )

(820,693 )

(1,195,391 )

5,158,055

4,089,058

Revaluation
Reserve

Retained
Earnings

2,626,643

1,528,845

372,360

14,725,068

2,727,446

Total

Non-Controlling
Interest

6,574,356 25,827,272

Total Equity

25,827,272

2,727,446

(1,000,000)
-

- (1,000,000)

(1,000,000)
-

(if cost method is adapted)


Others

Balance as at 30/09/14 (Closing Balance)

2,626,643

1,665,217

372,360

16,316,142

(72,703)

(72,703)

6,638,540 27,618,902

Standard Chartered PLC

(72,703)

US $m

Balance as at 01/01/14 (Opening Balance)


Profit for the period

Share
Share Capital and Merger
Reserve
Capital
Capital Premium
Account Redemption
Reserve

Available Cash Flow Translation Retained


for Sale
Reserve Earnings
Hedge
Reserve
Reserve

1,214

5,493

18

12,421

446

15

59

323

Other Comprehensive income

(5)

Distributions

(2,106)

Shares issued, net of expenses

Net own shares adjustment

Shares option expense, net of taxation

Capitalised on scrip dividend

18

(18)

10,923

(942,692 )

Acquisition of property, plant and equipment


Proceeds from the sale of property, plant and equipment
Net cash (used in)/from investing activities

(5,718,848 )

(4,800,114 )

(89,947 )

(151,197 )

12,922

11,922

(5,784,950 )

(5,882,081 )

Parent
NonCompany Controlling
ShareInterests
holders
Equity
46,246

595

46,841

2,360

2,360

44

2,404

320

(15)

305

(47)

(47)

(89)

(89)

(89)

135

135

135

(718)

(718)

Other increases/(decreases)

14

14

1,235

5,481

18

12,421

441

74

30,390

48,277

(1,783)

Cash and cash equivalents at the end of the period

(292)
285

380,609

371,314

Financial Liabilities held at Fair


Value through Profit or Loss

26,916

22,456

Derivative Financial Instruments

47,785

53,781

Debt Securities in Issue

71,272

58,690

Other Liabilities

34,006

28,719

Current Tax Liabilities

1,162

1,286

Accruals and Deferred Income

5,154

4,212

24,691

18,393

Subordinated Liabilities and Other Borrowed Funds


Deferred Tax Liabilities

218

178

Provision for Liabilities and Charges

102

147

Retirement Benefit Obligations

472

411

641,576

604,599

1,235

1,212

Reserves

47,042

43,556

Total Parent Company Shareholders' Equity

48,277

44,768

Total Liabilities

(718)
(278)
48,562

The financial information pertaining to Standard Chartered PLC for the six months ended 30th June 2014 is based on the unaudited Condensed Consolidated Financial
Statements approved by the Board of Directors on 06th August 2014.

Capital ratios
Common Equity Tier 1 (CRD IV)
Common Equity Tier 1 (CRD IV) end point basis
Core Tier 1 capital
Tier 1 capital
Total capital (CRD IV)
Total Capital ratio
Performance metrics
Normalised return on equity

30/06/2014

30/06/2013

10.50%
10.70%

17.30%
-

11.40%
16.90%

10.4%

13.3%

As at 30/09/2014

HFT

Designated

62,182

3,843

253

4,096

1,157

5,852

3,307

3,307

Debt securities

19,282

19,282

Equity shares

3,134

826

3,960

34,261

2,236

45,756

2,349

Loans and advances to banks

Loans and advances to customers

36,497

48,105

87,324

87,324

299,209

299,209

Treasury bills and other eligible bills

22,928

30

22,958

Debt securities

72,792

2,556

66

75,414

Equity shares

2,535

2,535

Total as at 30 June 2014

98,255

2,556

96

29,886

7,198

37,084

80,017

2,349

2,236

98,255

481,157

96

7,198

671,308

57,621

57,621

Cash and balances at central banks

Share Capital

Non-controlling interests

285

590

48,562

45,358

Total Equity and Liabilities

690,138

649,957

COMMITMENTS AND CONTINGENCIES

223,731

232,893

Total Equity

Standard Chartered PLC

1,278

297

1,575

6,257

183

6,440

3,380

3,380

Debt securities

13,516

368

13,884

Equity shares

2,316

540

2,856

26,747

1,388

53,114

1,434

Derivative financial instruments


Loans and advances to banks

73,305

73,305

285,353

285,353

Cash and cash equivalents

Treasury bills and other eligible bills

22,370

22,370

65,793

3,946

69,739

Equity shares

2,703

2,703

Total as at 30 June 2013

90,866

3,946

94,812

32,446

5,595

38,041

79,861

1,434

1,388

90,866

452,671

5,595

631,815

Liabilities

Profit before taxation

30/06/2014 30/06/2013

Change in operating assets


Change in operating liabilities
Contributions to defined benefit schemes
UK and overseas taxes paid
Net cash from operating activities

3,325

1,540

2,041

(1,024)

(35,770)

7,835

26,942

(25)

(77)

(832)

(836)

10,747

(4,375)

Net cash flows from investing activities


Purchase of property, plant and equipment

(74)

(89)

Disposal of property, plant and equipment

21

54

Acquisition of investment in subsidiaries, associates


and joint ventures, net of cash acquired
Purchase of investment securities
Disposal and maturity of investment securities

(93,521)

(72,839)

96,450

74,828

Dividends received from investment in


subsidiaries and associates
Net cash used in investing activities

Deposits by banks

1,186

1,186

9,914

9,914

Debt securities in issue

9,052

9,052

Short Positions
Derivative financial instruments
Deposits by banks

11

2,887

1,958

Exercise of share options through ESOP

Repayment of subordinated liabilities

21

(105)

(154)

16

25

(530)
4,056
(285)

(492)

6,764

26,916

47,117

668

47,785

3,394

4,252

(4,255)

(2,406)

(97)

(88)

49,189

49,189

Customer accounts

380,609

380,609

Debt securities in issue

71,272

71,272

Other Liabilities

32,387

1,619

34,006

(668)

(1,322)
293
(2,124)

Cash and cash equivalents at beginning of period

84,156

79,518

Effect of exchange rate movements on

2,574,486

12,631,025

592,056

592,056

Loans and receivables to banks

13,728,778

13,728,778

Loans and receivables to other customers

55,622,539

55,622,539

Financial investments

4,062,134

31,014,031

35,076,165

Total financial assets

4,654,190

84,949,351

31,014,031

120,617,572

Designated

Amortised

at fair value

cost

1,710,655

1,710,655

1,079,307

1,079,307

HFT

Hedging

Total

Other financial liabilities at fair value through profit or loss

Due to other customers

86,000,700

86,000,700

Other borrowings

Total financial liabilities

24,691

24,691

53,881

668

20,152

558,148

1,619

634,468

Deposits by banks

378

378

Customer accounts

9,471

9,471

Debt securities in issue

6,834

6,834

Short Positions
Derivative financial instruments

5,773

5,773

5,773

16,683

22,456

52,757

1,024

53,781

Deposits by banks

45,012

45,012

Customer accounts

371,314

371,314

Debt securities in issue

58,690

58,690

Other Liabilities

27,405

1,314

28,719

Subordinated liabilities and other borrowed funds

18,393

18,393

58,530

1,024

16,683

520,814

1,314

598,365

Total as at 30 June 2013

Standard Chartered Bank, Sri Lanka


Loans and Receivables to Other Customers

1,079,307

87,711,355

88,790,662

Collective impairment

Net loans and receivables


Loans and Receivables to Other Customers - By product

Pawning

76,491

Previous

Period

Period

30/09/2014 31/12/2013
24,061
24,257

% of Risk Weighted Assets (Minimum Requirement, 5%)


Total Capital Adequacy Ratio,

23.87%

24.18%

% of Risk Weighted Assets (Minimum Requirement, 10%)

24.10%

Rupees Thousands
Current Period

Previous Period

as at 30/09/2014

as at 31/12/2013

56,026,157

49,970,735

(21,416 )

(40,376)

(382,202 )

(365,629)

55,622,539

49,564,730

as at 30/09/2014

as at 31/12/2013

3,972,724

3,858,083

0.49%

(Net of Interest in Suspense and Provision)


Profitability
Interest Margin, %
Return on Assets (Before Tax), %
Return on Equity, %
Regulatory Liquidity
Statutory Liquid Assets, Rs. Mn.
Statutory Liquid Assets Ratio,%
(Minimum Requirement, 20%)
Domestic Banking unit
Off-Shore Banking unit

0.27%

0.41%

4.53%
4.66%
13.59%

4.92%
6.55%
20.73%

73,731

50,360

57.06%
32.79%

2,996,997

2,996,997

13,966,071

13,966,071

697,198

697,198

Other financial assets at fair value through profit or loss

Loans and receivables to banks

6,999,864

6,999,864

49,564,730

49,564,730

Financial investments

4,073,057

25,295,183

29,368,240

Total financial assets

4,770,255

75,547,080

25,295,183

105,612,518

Designated

Amortised

at fair value

cost

929,744

Due to banks
Derivative financial instruments
Other financial liabilities at fair value through profit or loss

HFT

798,187

79,238,261

79,238,261

Debt securities issued


Total financial liabilities

798,187

80,168,005

80,966,192

Held for trading - HFT

Held-to-maturity HTM

Designated at fair value through profit or loss - Designated at fair value

Available for sale AFS

Loans and receivables/deposits at amortised cost - Amortised cost

7,550,380

Individual impairment provision

Other loans

8,896,123

6,281,347

Sub total

22,858,479

19,188,144

Total

56,026,157

49,970,735
Previous Period

798,187

8,212,924

as at 31/12/2013

Standard Chartered PLC

US $m

Loans and Advances to Customers

40,736

104,035

154,219

126,515

(173,539 )

(198,257)

8,083

21,416

40,376

365,629

290,804

16,732

74,375

Collective impairment

(158 )

450

Closing balance

382,203

365,629

Total impairment

403,619

406,005

Due to Other Customers - By product

Current Period

Previous Period

as at 30/09/2014

as at 31/12/2013
(Audited)

13,380,313

30/06/2014

30/06/2013

Portfolio impairment provision

16,612,142
17,443,176

305,061
Of which: loans and advances held at fair value through profit or loss

Fixed deposits
Other deposits

(737)
291,793

(5,852 )

Net loans and receivables

299,209

Due to Other Customers and Banks - By Product

(6,440)
285,353

Current Period as at

Previous Period as at

30/06/2014

30/06/2013

Customer Accounts

380,609

371,314

Customer Accounts included within:


Financial liabilities held at fair value through profit or loss
Total

9,914

9,471

390,523

380,785

CERTIFICATION
The financial information summarised above for the nine months ended 30th September 2014 is drawn up from the unaudited accounts of the Bank, prepared according to
the Sri Lanka Accounting Standards (SLFRS/LKAS).
To facilitate comparison, previous years figures have been re-stated to conform to current classification and presentation, where necessary.
We, the undersigned, being the Chief Executive Officer and the Chief Financial Officer of Standard Chartered Bank certify jointly that:
(a) the above statements have been prepared in compliance with the format and definitions prescribed by the Central Bank of Sri Lanka,

1,703,693

3,565,369

53,761,383

50,635,247

By product - Foreign Currency


Savings deposits

(2,433)

(732 )

(c) the information contained in these statements are true and correct to the best of our knowledge and belief.

25,730,228
12,947,149

Demand deposits (current accounts)

294,963

(3,021 )

(b) the information contained in these statements have been extracted from the un-audited financial statements of the Bank unless indicated as audited,

Savings deposits
Other deposits

Previous Period as at

13,014,560

Fixed deposits
Sub total

Current Period as at
308,814

(Audited)
Individual impairment

929,744

Term loans

Current Period

Loans and advances to customers

as at 30/09/2014

5,356,417

Opening balance

Total

Due to other customers

5,749,432

Charge/(Write back) to income statement

Hedging

Other borrowings

Overdrafts

Demand deposits (current accounts)

0.31%

30,782,591

By product - Domestic Currency

(Net of Interest in Suspense)


Net Non-Performing Advances Ratio, %

Balances with central banks

33,167,678

24.37%

Assets Quality (Quality of Loan Portfolio)


Gross Non-Performing Advances Ratio, %

2,019,418

Sub total

Other movements

23,050
25,267

Closing balance

Current

cost

11,446,257

Write-off during the period

Total

2,019,418

Other movements

Hedging

10,873,658

(903)

AFS

Other loans

Movements in Individual and Collective Impairment during the year for Loans and Receivables to Other Customers

Amortised

LIABILITIES

By product - Domestic Currency

Lease rentals receivable

HTM

As at 31/12/2013 (Audited)

(Audited)

Credit cards

Designated

Cash and cash equivalents

Loans and receivables to other customers

(Audited)
(Less): Individual impairment

HFT

Placements with banks

Financial liabilities held at fair value through profit or loss

Charge/(Write back) to income statement

65.13%
77.09%

Derivative financial instruments

By product - Foreign Currency

98,841

2,574,486
12,631,025

ASSETS

5,368,779

14,461

Regulatory capital adequacy


Core Capital (Tier 1 Capital), Rs. Mn.
Total Capital Base, Rs. Mn.
Core Capital Adequacy Ratio,

10,109,472

Net increase in cash and cash equivalents

Item

20,152

6,652,308

(104)

Cash and cash equivalents at end of period

at fair value

11,668,988

(500)

224

As at 31/12/2013 (Audited)

Overdrafts

(300)

cash and cash equivalents

392,523

Debt securities issued

Term loans

(408)

827

Due to banks

(1,689)

Repayment to non-controlling interests

Repayment of senior debts

Balances with central banks

Derivative financial instruments

2,750

Interest paid on senior debts


Gross proceeds from issue of senior debts

(Less): Loans and receivables designated at fair value through profit or loss

392,523

LIABILITIES

Net loans and receivables including those designated at fair value through profit or loss

Issue of ordinary and preference share capital,


net of expenses

6,764
6,764

Gross loans and receivables

Net cash flows from financing activities

Purchase of own shares

Total

Customer accounts

Total as at 30 June 2014

Adjustments for:
Non-cash items included within income statement

Nonfinancial
liabilities

Total

Financial liabilities held at fair value through profit or loss

Previous
Period

3,253

Amortised
Cost

As at 30/09/2014

Liabilities at fair value


Derivatives Designated at
held for
fair value
hedging
through
profit or loss

Hedging

Placements with banks


Derivative financial instruments

US $m

Trading

Other financial assets at fair value through profit or loss

Debt securities

AFS

cost

28,135

Loans and advances to customers

Other assets

Amortised

ASSETS

54,548

Investment securities

US $m

Current
Period

Loans and advances to banks

HTM

at fair value

100,907

Loans and advances to customers


Treasury bills and other eligible bills

SELECTED PERFORMANCE INDICATORS


Previous
Period

ANALYSIS OF FINANCIAL INSTRUMENTS BY MEASUREMENT BASIS

Total

4,695

Other assets

Standard Chartered Bank, Sri Lanka


Current
Period

62,182

Nonfinancial
assets

Investment securities

EQUITY

preference shareholders, net of scrip

Standard Chartered PLC

Held to
maturity

Loans and advances to banks

Opening balance

Item

Total

28,745

(57)

Loans and
receivables

Loans and advances to customers

Derivative financial instruments

Dividends paid to non-controlling interests and


Cash flows from financing activities

GROUP PERFORMANCE RATIOS

Dividend, net of scrip

Balance as at 30/06/14 (Closing Balance)

Customer Accounts

Net Sale/(Acquisition) of Sri Lanka Government

27,618,902

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY


For the Period Ended (30/06/2014)

Cash and balances at central banks

Available
for sale

Financial assets held at fair value through profit or loss

500,952

45,012

392,523

49,189

Gain/(loss) on revaluation of property plant and equipment

Deposits by Banks

(136,372)

Derivatives Designated at
held for
fair value
hedging
through
profit or loss

Assets

Treasury bills and other eligible bills

LIABILITIES

Exchange difference in respect of cash & cash equivalent

649,957

2,293,977

690,138

Total Assets

2,019,418

736

Cash and cash equivalents at the beginning of the period

634

Deferred Tax Assets

(1,793,025 )

Bonus issue

6,759

(1,626,895 )

6,967

Net increase/(decrease) in cash & cash equivalents

Property, Plant and Equipment

Net cash from financing activities

1,819
5,943

1,932
6,200

(1,000,000 )

Interests in Associates and Joint Ventures


Goodwill and Intangible Assets

Net cash from financing activates

Dividend paid

2,687

Dividends paid to ordinary shareholders, net of scrip

Profit transferred to head office

2,807

Prepayments and Accrued Income

198

(1,000,000 )

38,041

290

Amounts transferred to head office

37,084

Other Assets
Current Tax Assets

136,887

Share issue/increase in assigned capital

136,372

94,812

2,864,333

2,727,446

100,907

Investment Securities

285,353

136,887

73,305

299,209

136,887

Loans and Advances to Banks

136,887 2,864,333

87,324

Loans and Advances to Customers

2,727,446

Other comprehensive income (net of tax)

Rights issue

28,135
54,548

Total comprehensive income for the period

Transfers to reserves during the period

36,497

Interest paid on subordinated liabilities

Total comprehensive income for the period


Profit(Loss) for the period

57,621

48,105

Gross proceeds from issue of subordinated liabilities

Securities Available for Sale


Other
Reserves

62,182

Derivative Financial Instruments

Cash flows from investing activities

Net Acquisition of Sri Lanka Government

Reserves

Reserve Fund

120,477
(4,209,572 )

Change in other borrowings

Securities Held for Trading

Stated capital/Assigned capital


Assigned
Capital

170,951

91,832

140,028

Interest paid

Rupees Thousands

Ordinary
Ordinary NonVoting Shares Voting Shares

96,968

2,915,778

Interest received

STATEMENT OF CHANGES IN EQUITY

For the Period Ended (30/09/2014)

4,395,568

929,744

Change in other liabilities and provisions

Total comprehensive income attributable to:


Non-controlling interests

As at
30/06/2013

Cash flows from operating activities

(1,414)

2,709

As at
30/06/2014

Financial Assets held at Fair Value


through Profit or Loss

30/09/2013

2,424,155

Change in derivative financial instruments

(30 )

Cash and Balances at Central Banks

Item

Change in due from banks

Change in due to other customers

Taxation relating to components of other


comprehensive income

Previous
Period

Rupees Thousands

Assets at amortised cost

Assets at fair value

Current
Period

Standard Chartered Bank, Sri Lanka

Financial assets held at fair value through profit or loss

Previous
Period

(236,325 )
Central Bank of Sri Lanka (CBSL)

Net valuation gains/(losses) taken to equity

US $m

Trading

CONSOLIDATED STATEMENT OF CASHFLOW

(4,433,058 )

(Gain)/Loss on sale of property, plant and equipment

Available-for-sale investments:

Attributable to:
Owners of the parent

532
10

Rupees Thousands

3,931,514

Depreciation and amortisation

44

Cash flow hedges:


-

79,238,261
669,066
18,697
3,250,821
84,904,776

30/09/2014

Net interest income

and joint ventures

Item

Item

Profit before tax

Share of other comprehensive income from associates

Less: Tax expense/(income) relating to components


of other comprehensive income

86,000,700
1,950,119
1,601,583
349,126
2,974,108
95,665,598

Cash flows from operating activities

Exchange differences on translation of foreign operations:

Gains and losses on re-measuring


8,356

929,744
798,187
-

Standard Chartered Bank, Sri Lanka

Provision for employee benefits

136,887

1,710,655
1,079,307
-

549
10

Standard Chartered PLC

Subordinated liabilities and other borrowed funds

2,236

income statement:

available-for-sale financial assets

6,999,864
49,564,730
25,295,183
922,627
159,011
4,037,892
110,732,048

Adjustment for:

Changes in revaluation surplus

13,728,778
55,622,539
31,014,031
894,180
159,011
1,613,737
123,284,500

Current
Period

Items that will not be reclassified to Income statement:

financial statements of FCBU

2,019,418
2,996,997
13,966,071
697,198
4,073,057

STATEMENT OF CASHFLOW

Current
Period

US $m

ASSETS
392,523
2,574,486
12,631,025
592,056
4,062,134

162,670,835

Contingent liabilities and commitments

Other comprehensive income:


Other Comprehensive income, net of tax

As at
31/12/2013
(Audited)

180,614,253

88.1c

Profit for the period

As at
30/09/2014

2,626,643
1,528,845
14,725,068
6,946,716
25,827,272
25,827,272
110,732,048

94.6c

Item

Previous
Period

2,626,643
1,665,217
16,316,142
7,010,900
27,618,902
27,618,902
123,284,500

CONSOLIDATED COMPREHENSIVE INCOME STATEMENT

Current
Period

Current
Period

Equity
Stated capital/Assigned capital
Statutory reserve fund
Retained earnings
Other reserves
Total shareholders equity
Non-controlling interest
Total Equity
Total equity and liabilities

Basic earnings per ordinary share

Standard Chartered PLC

Rupees Thousands

COMPREHENSIVE INCOME STATEMENT

Standard Chartered PLC


CONSOLIDATED BALANCE SHEET

(1,089 )

2,404

Non-controlling interests

Profit/(Loss) for the period

(1,000 )

Tax expenses

Item

(185 )

4,395,570

Profit/(loss) for the period

Owners of the parent

(730 )

Other impairment

Non-controlling interests

Liabilities
Due to banks
Derivative financial instruments
Other financial liabilities held-for-trading
Financial liabilities designated at fair value
through profit and loss
Due to other customers
Other borrowings
Debt securities issued
Current tax liabilities
Deferred tax liabilities
Other provisions
Other liabilities
Due to subsidiaries
Subordinated term debts
Total Liabilities

Impairment losses on loans

3,931,514

Share of profits of associates and joint ventures


Profit/(Loss) before tax

1,240,245

Assets
Cash and cash equivalents
Balance with Central Bank
Placements with banks
Derivative financial Instruments
Other financial assets held-for-trading
Financial assets designated at fair value
through Profit and loss
Loans and receivables to banks
Loans and receivables to other customers
Financial investments - available-for-sale
Financial investments - held to maturity
Investments in subsidiaries
Investments in associates and joint ventures
Property, Plant and Equipment
Investment properties
Goodwill and intangible assets
Deferred tax assets
Other Assets
Total Assets

(243 )

Operating income
Staff costs

Impairment for Loans and other losses

Item

2,338

Net fee and Commission income


Net gain/(Loss) from financial instruments

Rupees Thousands

STATEMENT OF FINANCIAL POSITION

From
01/01/2014
to
30/09/2014

Item

Standard Chartered Bank, Sri Lanka

8,479,881

8,722,394

13,215,839

7,271,972

2,983,042

3,887,244

..

Anirvan Ghosh Dastidar

Nishani Ariyawansa

7,560,555

8,721,404

Sub total

32,239,317

28,603,014

(Sgd) Chief Executive Officer

(Sgd) Chief Financial Officer

Total

86,000,700

79,238,261

28/11/14

28/11/14