COMMERCIAL BANK OF CEYLON PLC

ANNUAL REPORT 2021
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Supplementary Information

Annex 11: Index of Figures, Tables and Graphs

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Figures

Figure No. Description Page No. of the printed Annual Report
1 Guiding Principles, Regulations, Codes and Acts 6
2 Our stakeholder engagement process 20
3 Material Matters 23
4 Materiality determination and integration 24
5 Business Model 34
6 Value Creation and Capital Formation 38
7 Strategic Imperatives 39
8 Diversification 42
9 Composition of the green financing portfolio – 2021 44
10 Bank’s Sustainability Journey 44
11 Values that Support the Bank’s Brand 45
12 Customer centricity 47
13 Segment analysis of Moratoriums Granted under COVID-19 – As at December 31, 2021 48
14 Moratoriums granted under COVID-19 – As at December 31, 2021 48
15 Bank funded loan schemes – As at December 31, 2021 48
16 Composition of loans granted by Commercial Bank to the SME sector in 2020 49
17 Growth in ComBank Debit and Credit cards (based on Usage) 51
18 Customer usage of ComBank Digital/online channels 55
19 Total financial transactions initiated through digital channels 55
20 Flash usage 55
21 IPG usage 56
22 Growth in POS acquiring 56
23 Employee communication channels 61
24 The Bank’s Business Partners 65
25 Modes of engagement with Investors 86
26 Key regulatory requirements, voluntary codes, and elements of Corporate Governance Framework 119
27 Governance structure 120
28 Composition of the Board and attendance
(Principle A.4 and A.5) 		122
29 Composition of the Board (As at December 31, 2021) 122
30 Executive Management committees 124
31 Board highlights 2021 125
32 Three lines of defence 163
33 Risk governance structure 164
34 Risk management framework 165
35 Summary of key risks 166
36 Group Structure 199
37 Types of risk 204
38 Risk Management Framework 205

Tables

Table No. Description Page No. of the printed Annual Report
1 Financial Highlights 10
2 Our Key Stakeholders 20
3 Mode and frequency of stakeholder engagement 21
4 Material matters, Risks, Opportunities, and
How we manage 		25
5 GRI Disclosure on Material Matters 27
6 Statement of Capital Position 36
7 Growth in Deposit base and Lending portfolio over
the past decade 		40
8 Customer segmentation 46
9 Channel mix and target market on perceived
customer preference 		46
10 Investments in IT infrastructure 54
11 Migration to digital channels 54
12 Productivity and efficiency ratios 59
13 Readiness of BCP sites 60
14 COVID-19 related expenses 60
15 Retention Rate (Maternity Leave) 60
16 Female workforce 61
17 Employee by Type and Gender 62
18 Employee by Category and Gender – Total Bank 62
19 Training statistics 63
20 Energy consumption 63
21 Financial soundness indicators 70
22 Key performances indicators – Bangladesh Operations 72
23 Key Financial Ratios – Bangladesh Operations
(based on Management Accounts) 		72
24 Compliance with requirements of the Section 7.6 of the Listing Rules of the CSE 87
25 Summary of listed securities of the Bank 90
26 Features of Ordinary Shares 90
27 Movement of COMB Voting Share price over the year 91
28 Share price movement of last five years 91
29 Sustainable value for investors 91
30 Information on shareholders’ funds and Bank’s
Market Capitalisation 		91
31 Number of share transactions (No.) 92
32 Number of shares traded (No. ‘000) 92
33 Dividend information 92
34 Number of ordinary shareholders 93
35 The names, number of shares and percentages of shares held by twenty largest shareholders (As per rule No. 7.6 (iii) of the Listing Rules of the CSE) 93
36 Non-voting shareholders 94
37 Public Shareholding (As per rule No. 7.6 (iv) and
7.13.1 of the Listing Rules of the CSE) 		94
38 Directors’ shareholding including the Chief Executive Officer’s shareholding (As per Rule No. 7.6 (v) of the Listing Rules of the CSE) 94
39 Distribution schedule of number of holders and percentage of holding in each class of equity securities (As per rule No. 7.6 (x) of the Listing Rules of the CSE) 95
40 Composition of shareholders 95
41 Information on movement in number of shares represented by the stated capital (As per rule No.7.6 (ix) of the Listing Rules of the CSE) 96
42 Debenture Composition 98
43 Key Shareholder Return Indicators 99
44 Attendance at AGMs – 2017 to 2021 128
45 Statement of Compliance 146
46 Directors’ Interest in Contracts with the Bank 158
47 Risk profile 161
48 Maximum credit risk exposure 167
49 Distribution of Stage 3 credit impaired loans and advances to other customers as at December 31, 2021 169
50 Market risk categories 171
51 Interest rate sensitivity gap analysis of assets
and liabilities of the Banking Book as at December 31, 2021 – Bank 		172
52 Sensitivity of NII to rate shocks 172
53 Statutory Liquidity Ratios 173
54 Key ratios used for measuring liquidity under the
stock approach 		173
55 Target and actual capital 177
56 Impact on CAR at Minor, Moderate and Severe
stress levels 		178
57 Principal business activities and nature of business operations of the Group 200
58 Basis of Measurement 201
59 Index of significant accounting policies 208

Graphs

Graph No. Description Page No. of the printed Annual Report
1 Global economic growth 29
2 Quarterly GDP Growth 30
3 Interest rates 30
4 Inflation – CCPI and NCPI 30
5 USD/LKR Rate (inverted scale) 31
6 Profit growth 67
7 Total operating income 68
8 Impairment charges 68
9 Profit before and after tax 68
10 ROA and ROE 68
11 Composition of total assets 69
12 Deposits and advances 69
13 Shareholders’ funds 70
14 Performance of the Colombo Stock Exchange and Banking Sector in 2021 86
15 Performance of the ordinary shares-voting – 2021 90
16 Share price trend – Ordinary Shares – Voting 91
17 Share price trend – Ordinary Shares – Non-Voting 91
18 Number of share transactions 92
19 Number of shares traded 92
20 Shareholders’ funds and Bank’s market capitalisation 92
21 Dividend per share 93
22 Distribution to shareholders (Dividend paid) and Dividend pay-out ratio 93
23 Loans and advances to other customers by tenor-wise as at December 31, 2021 (based on residual maturity) 169
24 Geographical analysis of loans and advances to other customers by product-wise as at 31, December 2021 170
25 Product-wise analysis of loans and advances to other customers as at December 31, 2021 170
26 The concentration of counterparty bank exposures in
Sri Lanka as at December 31, 2021 (Fitch ratings-wise) 		170
27 The concentration of counterparty bank exposures in Bangladesh as at December 31, 2021 (CRAB ratings-wise) 170
28 The concentration of cross-border exposure
(Sri Lanka and Bangladesh Operations) - S&P Rating wis as at December 31, 2021 		171
29 Cross border exposure of the Bank
(Sri Lanka and Bangladesh operations) 		171
30 Funding diversification by product 173
31 Composition of losses – 2021 174
32 Operational loss events by category – %
of total losses by number of events 		175
33 Operational loss events by category –%
of total losses by value 		175
34 Gross income 185
35 Net Interest Income 185
36 Net Fee and Commission Income 185
37 Net gains/(losses) from 185
38 Profit before tax 185
39 Profit after tax 185
40 Total assets 185
41 Financial assets at amortised cost – Loans and advances to other customers 185
42 Financial liabilities at amortised cost – Due to depositors 185
43 Earnings per share – Basic 185
44 Interest margin 185
45 Financial intermediation margin 185
46 Liquidity ratios 325
47 Impact of a rate shock on the net interest income 333
48 Sensitivity of Fx Position – Impact of 1% change in Exchange Rate (Sri Lankan Operation) 334