Pan Asia Banking Corporation PLC reported unaudited earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported interest income of LKR 1,965,919,000 compared to LKR 1,293,641,000 a year ago. Net interest income was LKR 617,052,000 compared to LKR 591,839,000 a year ago. Operating profit on ordinary activities before taxes was LKR 309,699,000 compared to LKR 331,022,000 a year ago. Operating profit before corporate tax was LKR 259,272,000 compared to LKR 285,035,000 a year ago. Operating profit was LKR 259,380,000 or LKR 0.88 per basic share compared to LKR 209,185,000 or LKR 0.71 per basic share for the same period a year ago.

For the year, the company reported interest income of LKR 6,774,545,000 compared to LKR 4,448,865,000 a year ago. Net interest income was LKR 2,392,929,000 compared to LKR 2,177,916,000 a year ago. Operating profit on ordinary activities before taxes was LKR 1,304,092,000 compared to LKR 1,371,672,000 a year ago. Operating profit before corporate tax was LKR 1,098,455,000 compared to LKR 1,182,866,000 a year ago. Operating profit was LKR 810,954,000 or LKR 2.75 per basic share compared to LKR 824,012,000 or LKR 2.79 per basic share for the same period a year ago. Net cash generated from operating activities was LKR 1,057,124,000 compared to LKR 2,922,870,000 a year ago. Purchase of property, plant & equipment was LKR 331,744,000 compared to LKR 505,783,000 a year ago. Acquisition of intangible assets was LKR 31,407,000 compared to LKR 13,323,000 a year ago. Return on assets (after tax) was 1.57% compared to 2.06% a year ago. Return on equity was 21.53% compared to 25.55% a year ago.