Pan Asia Banking Corporation PLC reported unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the full year, interest income was LKR 7,541,725,077 against LKR 7,976,952,155 a year ago. Net interest income was LKR 2,739,983,967 against LKR 2,095,299,371 a year ago. Total operating income was LKR 4,026,948,563 against LKR 3,163,433,084 a year ago. Net operating income was LKR 3,212,094,209 against LKR 2,420,171,882 a year ago. Profit before tax was LKR 538,433,338 against LKR 123,905,725 a year ago. Profit for the period was LKR 415,210,710 or LKR 1.41 per basic and diluted share against LKR 113,838,329 or LKR 0.39 per basic and diluted share a year ago. Net cash used in operating activities was LKR 3,055,630,201 against LKR 3,208,929,577 a year ago. Purchase of property, plant and equipment was LKR 61,679,732 against LKR 136,777,565 a year ago. Net purchase of intangible assets was LKR 777,914 against LKR 6,020,598 a year ago.

For the quarter, the company reported net interest income of LKR 850,139,000 against LKR 188,895,000 a year ago. Total operating income was LKR 1,219,634,000 against LKR 499,567,000 a year ago. Profit for the period was LKR 138,131,000 against loss for the period of LKR 77,050,000 a year ago.