Pan Asia Banking Corporation PLC announced earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported net interest income of LKR 630,278,000 compared to LKR 727,960,000 a year ago. Total operating income was LKR 880,944,000 compared to LKR 890,093,000 a year ago. Profit for the period was LKR 308,477,000 compared to LKR 196,940,000 a year ago.

For the year, the company reported interest income of LKR 6,766,832,718 compared to LKR 4,582,660,933 a year ago. Net interest income was LKR 2,406,154,886 compared to LKR 2,314,037,127 a year ago. Net fee and commission income was LKR 524,854,605 compared to LKR 460,090,478 a year ago. Total operating income was LKR 3,390,198,391 compared to LKR 2,996,271,914 a year ago. Net operating income was LKR 3,342,316,395 compared to LKR 2,874,353,008 a year ago. Operating profit before value added tax on financial services was LKR 1,354,713,545 compared to LKR 1,347,059,321 a year ago. Profit before tax was LKR 1,145,408,285 compared to LKR 1,153,971,884 a year ago. Profit for the year was LKR 860,050,859 compared to LKR 811,765,502 a year ago. Basic and diluted EPS was LKR 2.92 compared to LKR 2.75 a year ago. Net cash flows used in operating activities were LKR 1,130,527,792 compared to net cash flows from operating activities of LKR 5,939,558,770 a year ago. Purchase of property, plant and equipment was LKR 331,139,686 compared to LKR 505,783,372 a year ago. Purchase of intangible assets was LKR 32,011,430 compared to LKR 13,323,333 a year ago. Return on average assets was 1.67% compared to 2.03% a year ago. Return on average shareholders' funds was 22.79% compared to 25.12% a year ago.