The Hon. (Dr.) Harshana Suriyapperuma - Deputy Minister of Finance and Planning

¶ 01 Hon. Speaker, on behalf of the Minister of Finance, Planning and Economic Development, I provide the following answers.

¶ 02 (a) (i) 01 July 1961 (ii) - Prof. P.N.D. Fernandopulle – Chairman - M.T.I.V. Amarasekara – Director - M.J. Tilakaratne – Director - R.B.R. Imerson – Director - Dr. A.A. Kathirgaman – Director - Clive Fonseka – Chief Executive Officer (iii) - Number of branches (as at 2024.12.31): 750 - Number of permanent employees (as at 2024.12.31): 7,633 (iv) Rs. million - Authorized share capital (1 billion ordinary shares of Rs. 50 each): 50,000 - Stated/assigned capital: 50 - Paid-up capital: 12,152 - Total contributed capital: 12,202

¶ 03 Note: By the amendment to the People’s Bank Act, No. 29 of 1961 in September 2019, the share capital was increased from Rs. 1.0 billion to Rs. 50.0 billion.

¶ 04 (v) Yes. The Bank is compliant with Basel capital adequacy requirements. (vi) Not applicable.

¶ 05 (b) (i) Profit for the last 10 years and 2024 actuals; 2025 Budget (Rs. billion) Year | Profit Before Tax (PBT) | Profit After Tax (PAT) 2014 | 17.2 | 14.2 2015 | 19.5 | 12.6 2016 | 20.8 | 15.0 2017 | 25.9 | 18.3 2018 | 24.4 | 17.1 2019 | 19.7 | 12.9 2020 | 21.2 | 14.2 2021 | 30.4 | 23.7 2022 | 21.3 | 17.2 2023 | 15.3 | 10.1 2024 | 41.5 | 25.3 2025 (Budget) | 57.4 | 40.2

¶ 06 Expected profit for the next three years is being prepared. Under current procedures and given prevailing economic conditions, the institution is working on projections.

¶ 07 (ii) Return on Equity (ROE) 2014 35.5% 2015 27.1% 2016 27.5% 2017 26.6% 2018 20.3% 2019 13.9% 2020 14.4% 2021 19.9% 2022 12.2% 2023 6.6% 2024 14.7%

¶ 08 (iii) Administration cost (including depreciation) and net interest margin (%) Year | Admin cost (Rs. bn) | Net interest margin (%) 2019 | 17.2 | 3.2 2020 | 15.3 | 3.0 2021 | 17.3 | 3.4 2022 | 20.7 | 2.7 2023 | 26.2 | 1.8 2024 | 27.2 | 3.4

¶ 09 (iv) Administration cost as a percentage of interest income Year | Admin cost (Rs. bn, incl. depreciation) | Interest income (Rs. bn) | Admin cost % 2019 | 17.2 | 184.0 | 9.4% 2020 | 15.3 | 179.7 | 8.5% 2021 | 17.3 | 197.3 | 8.8% 2022 | 20.7 | 321.9 | 6.4% 2023 | 26.2 | 394.8 | 6.6% 2024 | 27.2 | 351.1 | 7.8%

¶ 10 (v) Balance sheet values from 2019 to 2024 (LKR billion; 2024 unaudited and subject to audit)

¶ 11 ASSETS | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 Cash & Short-Term Funds | 89.6 | 85.7 | 114.3 | 134.4 | 92.9 | 105.5 Investments | 405.7 | 444.0 | 613.6 | 942.7 | 1,110.6 | 1,568.3 Loans & Receivable (Net) | 1,310.2 | 1,635.6 | 1,835.7 | 1,783.1 | 1,709.5 | 1,520.7 Property, Plant, Equipment | 34.3 | 38.4 | 46.8 | 49.3 | 56.2 | 59.5 Other Assets | 33.7 | 26.5 | 37.3 | 62.5 | 69.0 | 51.7 Total Assets | 1,873.4 | 2,230.1 | 2,647.6 | 2,972.0 | 3,038.2 | 3,305.7

¶ 12 LIABILITIES Customer Deposits | 1,491.4 | 1,835.1 | 2,071.5 | 2,371.5 | 2,653.1 | 2,855.8 Borrowing from Banks and Others | 224.8 | 200.9 | 349.2 | 303.0 | 141.5 | 121.2 Other Liabilities | 39.5 | 48.6 | 42.0 | 115.6 | 36.5 | 89.1 Subordinated Term Debts | 22.7 | 43.6 | 48.9 | 36.6 | 47.0 | 54.2 Total Liabilities | 1,778.4 | 2,128.1 | 2,511.6 | 2,826.7 | 2,878.1 | 3,120.3 Total Equity | 95.0 | 102.0 | 136.1 | 145.3 | 160.1 | 185.4 Total Equity & Liabilities | 1,873.4 | 2,230.1 | 2,647.6 | 2,972.0 | 3,038.2 | 3,305.7

¶ 13 Notes: 1. 2024 figures are before audit and subject to the 2024 Financial Statements Audit. 2. Forecast figures for 2026 and 2027 will be provided after the completion of relevant calculations.

¶ 14 (c) (i) No loans over Rs. 1 billion have been written off. (ii) Not applicable. (iii) As above, not applicable.

¶ 15 (d) Does not arise.