Notes to the Consolidated Financial Statements - Seylan Bank

360 North Bound > Seylan Bank Annual Report 2011
Notes to the Consolidated Financial Statements
48. Segment Reporting
48.1 Group
Segment information is presented in respect of the Group’s business segments. The primary format,
business segments are based on the Group’s management and internal reporting structure.
Business Segments
The Group comprises the following main business segments:
Banking: Loans and Advances (including Leases and Bills) deposits and other transactions and balances
with corporate and retail customers.
Consumer Financing (Leasing): Margin Trading, Insurance and Leasing for corporate and retail customers.
Treasury: Undertakes the Group’s funding and centralised risk management activities through
borrowings, issue of debt securities, use of derivatives for risk management purpose and
investing in liquid assets such as short-term placements and corporate and Government
Debt Securities.
Property/Investment: The property investment income, expenses, assets and liabilities.
Banking Consumer Financing Treasury Property/Investments Total
2011 2010 2011 2010 2011 2010 2011 2010 2011 2010
(Reclassified)
(Reclassified)
Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000
External Revenue
Interest Income 12,165,410 13,240,609 434,825 177,242 3,380,685 2,825,425 8,751 33 15,989,671 16,243,309
Foreign Exchange Profit 314,992 141,655 – – 301,123 267,116 – – 616,115 408,771
Fee & Commission Income 1,506,178 1,411,786 15,224 7,656 5,217 68,855 – (5,454) 1,526,619 1,482,843
Dividend Income and
Other Income 878,352 980,875 14,417 11,759 149,741 392,569 237,156 153,993 1,279,666 1,539,196
Total Revenue from
External Customers 14,864,932 15,774,925 464,466 196,657 3,836,766 3,553,965 245,907 148,572 19,412,071 19,674,119
Inter Segment Revenue 1,880,998 2,550,319 (270,390) (193,557) (1,610,608) (2,356,762) – –
Total Segment Revenue 16,745,930 18,325,244 194,076 3,100 2,226,158 1,197,203 245,907 148,572 19,412,071 19,674,119
Depreciation Charge
for the Year 252,297 238,947 615 591 2,289 13,810 57,962 6,456 313,163 259,804
Reportable Segment
Profit Before Income Tax 2,692,083 2,565,138 456,589 167,090 1,990,285 1,875,118 19,432 (30,069) 5,158,389 4,577,277
OTHER INFORMATION
Reportable Segment
Assets 135,785,057 128,725,472 504,098 234,570 18,611,534 12,582,340 5,091,945 4,890,920 159,992,634 146,433,302
Segment Amortisations (2,283,635) (1,923,419) (7,483) (6,494) (54,912) (125,776) (297,125) (25,608) (2,643,155) (2,081,297)
Total Assets 133,501,422 126,802,053 496,615 228,076 18,556,622 12,456,564 4,794,820 4,865,312 157,349,479 144,352,005
Reportable Segment
Liabilities 133,501,422 126,802,053 496,615 228,076 18,206,622 12,087,840 3,150,428 4,034,727 155,355,087 143,152,696
Total Liabilities 133,501,422 126,802,053 496,615 228,076 18,206,622 12,087,840 3,150,428 4,034,727 155,355,087 143,152,696