Financial Reports

CDB continued to maintain liquidity levels above the regulatory minimum and stringent ALCO targets were maintained during the year.

Financial highlights

Rs. 21.6 Bn.

Revenue

Rs. 1.6 Bn.

Net Profit after Tax

Rs. 23.29

Earnings per Share

Rs. 105.2 Bn.

Total assets

Rs. 76.5 Bn.

Loan Book

Rs. 260.40

Net Assets Value per Share

Key performance indicator	2022/23	2021/22	%
Financial performance (Rs. Mn.)
Gross revenue	21,561	17,572	22.7
Net interest income	7,556	9,038	-16.4
Net operating income	8,173	10,220	-20.0
Profit before tax	2,494	5,268	-52.7
Profit after tax	1,627	3,612	-55.0
Position as at the year end (Rs. Mn.)
Loans and receivables to customers	76,477	78,725	-2.9
Total assets	105,166	105,420	-0.2
Total equity	18,190	17,648	3.1
Deposits from customers	62,875	52,217	20.4
Financial ratios (%)
Profitability perspective
Operating profit margin (%)	14.38	33.05
Net interest margin (%)	7.18	9.05
Cost to income ratio (Excluding taxes on financial services) (%)	56.47	38.65
Return on average assets (ROA) - After tax (%)	1.55	3.62
Investor Perspective
Earnings per share (Rs.)	23.29	51.75
Earnings yield (%)	10.23	22.43
Return on equity (ROE) - After tax (%)	9.08	22.79
Dividend per share	5.00	3.75
Dividend yield (%)	2.20	1.63
Dividend cover (times)	4.66	13.80
Dividend payout (%)	21.47	7.25
Net assets value per share (Rs.)	260.40	252.63
Market value per share - Closing - Voting	227.75	230.75
Market value per share – Closing – Non-voting	79.10	86.10
Market capitalisation (Rs. Mn.)	14,372	14,623
Price to earnings (Times)	9.78	4.46
Statutory ratios (%)
Capital adequacy
Tier I (Minimum requirement – 8%) (%)	16.23	15.16
Tier I and II (Minimum requirement – 12%) (%)	17.35	17.07
Statutory liquidity ratio	16.16	14.14
Non-performing advances ratio*
Gross NPL (Net of IIS) (%)	10.99	5.89
Net non–performing loans (Net of IIS and provisions) (%)	5.12	0.11

*Non-performing advances ratio calculated based on 120 DPD in 2023 and 150 DPD in 2022.