INTERIM FINANCIAL STATEMENTS FOR THE QUARTER ENDED
30th
June 2026Page 1 Statement of Financial Position Page 2-3 Statement of Profit or Loss and
Other Comprehensive Income
Page 4 Statement of Changes in Equity Page 5 Cash Flow Statement
Page 6-7 Analysis of Financial Instruments By Measurement Basis Page 8-9 Fair Value Hierarchy
Page 10-11 Financial Reporting by Segment
Page 12-13 Notes to the Interim Financial Statements Page 14 Corporate Information
COMMERCIAL CREDIT & FINANCE PLC
STATEMENT OF FINANCIAL POSITION
COMPANY | GROUP | |||
As at 30-Jun-26 (Unaudited) LKR | As at 31-Mar-26 (Audited) LKR | As at 30-Jun-26 (Unaudited) LKR | As at 31-Mar-26 (Audited) LKR | |
Assets | ||||
Cash and Bank Balances | 3,748,858,204 | 3,025,646,835 | 3,755,524,086 | 3,030,811,194 |
Placements with Banks | 2,802,390,061 | 2,686,823,769 | 2,802,390,061 | 2,686,823,769 |
Financial assets measured at fair value through profit or loss | 3,152,617,950 | 4,666,060,615 | 3,152,922,121 | 4,668,312,068 |
Financial assets at amortised cost | - | - | ||
Loans and Receivables | 30,540,088,113 | 33,396,085,584 | 30,540,088,113 | 33,350,952,434 |
Lease Rentals Receivable & Stock out on Hire | 67,240,188,078 | 65,619,972,955 | 67,240,188,078 | 65,619,972,955 |
Debt & Other instruments | 5,780,354,218 | 7,250,613,519 | 5,842,349,711 | 7,335,649,845 |
Financial assets measured at fair value through other comprehensive income | 210,753,456 | 210,753,456 | 210,753,456 | 210,753,456 |
Other Financial Assets | 154,191,524 | 142,521,438 | 221,776,177 | 188,276,434 |
Inventories | 51,156,942 | 50,554,443 | 51,156,942 | 50,554,443 |
Other Assets | 874,383,541 | 454,715,900 | 885,670,371 | 455,810,902 |
Investment in Subsidiary | 15,000,000 | 15,000,000 | 15,000,000 | - |
Investment in Associate | 1,765,277,839 | 1,371,703,979 | 1,765,277,839 | 1,371,703,979 |
Investment Properties | 4,619,500,000 | 4,609,500,000 | 4,619,500,000 | 4,609,500,000 |
Property, Plant and Equipment | 7,077,414,587 | 7,084,964,781 | 7,077,414,587 | 7,084,964,781 |
Right of use assets | 673,570,743 | 655,344,598 | 673,754,347 | 655,344,598 |
Intangible Assets & Goodwill | 747,291,735 | 747,695,256 | 747,291,735 | 747,695,256 |
Total Assets | 129,453,036,991 | 131,987,957,128 | 129,601,057,624 | 132,067,126,114 |
Liabilities | ||||
Due to Banks | 25,596,202,820 | 29,502,639,363 | 25,596,202,820 | 29,502,639,363 |
Due to Customers | 57,215,000,007 | 55,353,116,818 | 57,068,087,507 | 55,202,695,390 |
Unsecured Subordinate Term Loan | 1,560,904,109 | 1,506,410,960 | 1,560,904,109 | 1,506,410,960 |
Other Financial Liabilities | 1,509,914,295 | 2,643,838,108 | 1,579,807,039 | 2,643,574,826 |
Other Liabilities | 1,274,842,617 | 2,387,273,208 | 1,275,248,430 | 2,415,971,105 |
Deferred tax liabilities | 128,045,486 | 126,781,148 | 128,045,486 | 126,781,148 |
Post Employment Benefit Obligations | 976,857,844 | 955,041,044 | 976,857,844 | 955,041,044 |
Current Tax Liabilities | 4,023,673,194 | 3,398,271,154 | 4,023,673,194 | 3,439,597,003 |
Total Liabilities | 92,285,440,372 | 95,873,371,803 | 92,208,826,428 | 95,792,710,839 |
Shareholders' Funds | ||||
Stated Capital | 2,150,640,315 | 2,150,640,315 | 2,150,640,315 | 2,150,640,315 |
Retained Earnings | 28,938,706,808 | 27,885,695,514 | 29,152,044,761 | 28,034,228,840 |
Reserves | 6,078,249,496 | 6,078,249,496 | 6,089,546,120 | 6,089,546,120 |
Total Shareholders' Funds | 37,167,596,619 | 36,114,585,325 | 37,392,231,196 | 36,274,415,275 |
Total Liabilities & Shareholders' Funds | 129,453,036,991 | 131,987,957,128 | 129,601,057,624 | 132,067,126,114 |
Commitments and Contingent Liabilities Net Assets Per Share (LKR) | ||||
341,310,731 | 302,950,263 | 341,310,731 | 302,950,263 | |
116.85 | 113.54 | 117.56 | 114.04 | |
These Financial Statements are in compliance with the requirements of the Companies Act No. 7 of 2007.
Sgd.
M. A. D. J. Deshapriya
Chief Financial Officer
The Board of Directors is responsible for the preparation and presentation of these financial statements. Signed for and on behalf of the Board by,
Sgd. Sgd.
G. B. Egodage R. S. Egodage
Chairman Director/ Chief Executive Officer
These figures are provisional and subject to audit.
Date : 29th July 2026
COMMERCIAL CREDIT & FINANCE PLC
STATMENET OF PROFIT OR LOSS
Company | For the Three months ended | |||
30-Jun-26 (Unaudited) LKR | 30-Jun-25 (Unaudited) LKR | Variance | ||
LKR | % | |||
Gross Income | 9,243,758,164 | 7,995,487,850 | 1,248,270,314 | 16% |
Interest Income | 8,221,418,569 | 7,242,716,942 | 978,701,627 | 14% |
Interest Expense | (2,437,984,125) | (1,938,527,318) | (499,456,807) | 26% |
Net Interest Income | 5,783,434,444 | 5,304,189,624 | 479,244,820 | 9% |
Fee & Commission Income | 607,584,737 | 549,111,706 | 58,473,031 | 11% |
Net Income from Real Estate | - | 891,093 | (891,093) | -100% |
Net gain /(loss) from Trading | (13,649,014) | (8,532,746) | (5,116,267) | 60% |
Other Operating Income | 428,403,872 | 211,300,855 | 217,103,016 | 103% |
Total Operating Income | 6,805,774,039 | 6,056,960,533 | 748,813,507 | 12% |
Impairment (charge) /Revesal of financial assets | (444,000,000) | 565,000,000 | (1,009,000,000) | -179% |
Net Operating Income | 6,361,774,039 | 6,621,960,533 | (260,186,493) | -4% |
Operating Expenses | ||||
Personnel Costs | (1,278,466,667) | (1,243,058,928) | (35,407,739) | 3% |
Depreciation | (166,622,105) | (163,999,157) | (2,622,948) | 2% |
Other Operating Expenses | (1,375,543,636) | (973,956,621) | (401,587,015) | 41% |
Profit before Social Security Contribution | ||||
Levy / Value Added Tax on financial | 3,541,141,632 | 4,240,945,827 | (699,804,195) | -17% |
services | ||||
Social Security Contribution Levy | (102,138,780) | (110,111,866) | 7,973,086 | -7% |
Value Added Tax on Financial Services | (735,399,218) | (792,805,436) | 57,406,218 | 7% |
Share of Profit /(loss) of associate | 2,703,603,633 393,573,860 | 3,338,028,524 - | (634,424,891) 393,573,860 | -19% - |
Profit Before Income Tax | 3,097,177,493 | 3,338,028,524 | (240,851,031) | -7% |
Income Tax | (1,089,943,109) | (1,255,393,684) | 165,450,575 | 13% |
Profit for the Period | 2,007,234,384 | 2,082,634,840 | (75,400,456) | -4% |
Total Comprehensive Income for the period | 2,007,234,384 | 2,082,634,840 | (75,400,456) | -4% |
Earning per Share (LKR) -Annualized | 25.24 | 26.19 | ||
Earning per Share (LKR) - For the Period | 6.31 | 6.55 | ||
These figures are provisional and subject to audit.
COMMERCIAL CREDIT & FINANCE PLCSTATMENET OF PROFIT OR LOSS
Group | For the Three months ended | |||
30-Jun-26 (Unaudited) LKR | 30-Jun-25 (Unaudited) LKR | Variance | ||
LKR | % | |||
Gross Income | 9,347,085,481 | 8,064,207,407 | 1,282,878,075 | 16% |
Interest Income | 8,226,281,590 | 7,242,716,942 | 983,564,648 | 14% |
Interest Expense | (2,437,984,125) | (1,938,527,318) | (499,456,807) | 26% |
Net Interest Income | 5,788,297,465 | 5,304,189,624 | 484,107,841 | 9% |
Fee & Commission Income | 705,897,088 | 613,490,497 | 92,406,591 | 15% |
Net Income from Real Estate | - | 891,093 | (891,093) | -100% |
Net gain /(loss) from Trading | (13,649,014) | (8,532,746) | (5,116,268) | 60% |
Other Operating Income | 428,555,816 | 215,641,620 | 212,914,196 | 99% |
Total Operating Income | 6,909,101,356 | 6,125,680,089 | 783,421,267 | 13% |
Impairment (charge) /Revesal of financial assets | (444,000,000) | 565,000,000 | (1,009,000,000) | -179% |
Net Operating Income | 6,465,101,356 | 6,690,680,089 | (225,578,733) | -3% |
Operating Expenses | ||||
Personnel Costs | (1,279,396,194) | (1,244,161,428) | (35,234,766) | 3% |
Depreciation | (166,622,105) | (163,999,157) | (2,622,947) | 2% |
Other Operating Expenses | (1,385,410,034) | (974,695,830) | (410,714,204) | 42% |
Profit before Social Security Contribution | ||||
Levy / Value Added Tax on financial | 3,633,673,023 | 4,307,823,673 | (674,150,650) | -16% |
services | ||||
Social Security Contribution Levy | (102,138,780) | (110,111,866) | 7,973,086 | -7% |
Value Added Tax on Financial Services | (735,399,218) | (792,805,436) | 57,406,218 | -7% |
Share of Profit /(loss) of associate | 2,796,135,025 393,573,860 | 3,404,906,371 - | (608,771,346) 393,573,860 | -18% - |
Profit Before Income Tax | 3,189,708,885 | 3,404,906,371 | (215,197,486) | -6% |
Income Tax | (1,117,669,874) | (1,275,407,748) | 157,737,874 | -12% |
Profit for the Period | 2,072,039,011 | 2,129,498,623 | (57,459,612) | -3% |
Total Comprehensive Income for the period | 2,072,039,011 | 2,129,498,623 | (57,459,612) | -3% |
Earning per Share (LKR) -Annualized | 26.06 | 26.78 |
Earning per Share (LKR) - For the Period | 6.51 | 6.69 |
STATEMENT OF CHANGES IN EQUITY
Company | Stated Capital LKR | Revaluation Reserve LKR | General Reserve LKR | Retained Earnings LKR | Statutory Reserve Fund LKR | FVOCI Reserve LKR | Total LKR |
Balance as at 1 April 2025 (Audited) | 2,150,640,315 | 849,818,418 | 58,751,125 | 20,674,166,570 | 4,666,205,870 | (10,000,000) | 28,389,582,298 |
Net profit for the period | - | - | - | 2,082,634,840 | - | - | 2,082,634,840 |
Dividend Paid | - | - | - | - | - | - | - |
Balance as at 30 June 2025 | 2,150,640,315 | 849,818,418 | 58,751,125 | 22,756,801,410 | 4,666,205,870 | (10,000,000) | 30,472,217,138 |
Balance as at 1 April 2026 (Audited) | 2,150,640,315 | 849,818,418 | 58,751,125 | 27,885,695,514 | 5,151,480,516 | 18,199,437 | 36,114,585,325 |
Net profit for the period Dividend Paid Balance as at 30 June 2026 | - - | - - | - - | 2,007,234,384 (954,223,090) | - - | - - | 2,007,234,384 (954,223,090) |
2,150,640,315 | 849,818,418 | 58,751,125 | 28,938,706,808 | 5,151,480,516 | 18,199,437 | 37,167,596,619 |
Group | Stated Capital LKR | Revaluation Reserve LKR | General Reserve LKR | Retained Earnings LKR | Statutory Reserve Fund LKR | FVOCI Reserve LKR | Total LKR |
Balance as at 1 April 2025 (Audited) | 2,150,640,315 | 849,818,418 | 58,751,125 | 20,777,812,107 | 4,675,136,341 | (10,000,000) | 28,502,158,306 |
Net profit for the period | - | - | - | 2,129,498,623 | - | - | 2,129,498,623 |
Dividend Paid | - | - | - | - | - | - | - |
Balance as at 30 June 2025 | 2,150,640,315 | 849,818,418 | 58,751,125 | 22,907,310,730 | 4,675,136,341 | (10,000,000) | 30,631,656,931 |
Balance as at 1 April 2026 (Audited) | 2,150,640,315 | 849,818,418 | 58,751,125 | 28,034,228,840 | 5,162,777,140 | 18,199,437 | 36,274,415,275 |
Net profit for the period | - | - | - | 2,072,039,011 | - | - | 2,072,039,011 |
Dividend Paid | - | - | - | (954,223,090) | - | - | (954,223,090) |
Balance as at 30 June 2026 | 2,150,640,315 | 849,818,418 | 58,751,125 | 29,152,044,761 | 5,162,777,140 | 18,199,437 | 37,392,231,196 |
These figures are provisional and subject to audit.
COMMERCIAL CREDIT & FINANCE PLC
STATEMENT OF CASH FLOW
For the Three month period ended | COMPANY | GROUP | ||
30-Jun-26 (Unaudited) LKR | 30-Jun-25 (Unaudited) LKR | 30-Jun-26 (Unaudited) LKR | 30-Jun-25 (Unaudited) LKR | |
Cash Flows From Operating Activities | ||||
Profit before Income Tax Expense | 3,097,177,493 | 3,338,028,524 | 3,189,708,885 | 3,404,906,371 |
Adjustments for | ||||
Depreciation and amortisation | 96,223,019 | 102,405,933 | 96,223,019 | 102,405,933 |
Impairment (charge) /Revesal of financial assets | 444,000,000 | (565,000,000) | 444,000,000 | (565,000,000) |
Share of profit / loss of associate | (393,573,860) | - | (393,573,860) | - |
Amortisation of Right of use assets | 70,399,086 | 61,593,224 | 70,399,086 | 61,593,224 |
Provision for defined benefit plans | 30,000,000 | 30,000,000 | 30,000,000 | 30,000,000 |
Operating profit before working capital changes | 3,344,225,738 | 2,967,027,681 | 3,436,757,131 | 3,033,905,527 |
(Increase)/Decrease in Inventories | (602,499) | 1,816,919 | (602,499) | 1,816,919 |
(Increase)/Decrease in Loans and Advances | 2,855,997,471 | (2,553,135,950) | 2,855,997,471 | (2,553,135,950) |
Decrease/(Increase) in Lease Rentals Receivable & Stock out on hire | (2,064,215,123) | (771,256,154) | (2,064,215,123) | (771,256,154) |
(Increase)/Decrease in Right of use assets | (88,625,230) | (93,088,471) | (88,625,230) | (93,088,471) |
Decrease/(Increase) in Other Financial Assets | (11,670,089) | 94,796,281 | (11,670,089) | 94,796,281 |
Increase in Debt & other instruments | 2,024,315 | (4,851,054) | 2,024,315 | (4,851,054) |
(Increase)/Decrease in Other Assets | (419,667,648) | (163,052,395) | (453,484,604) | (147,361,569) |
(Decrease)/Increase in Amounts Due to Customers | 1,861,883,189 | (3,602,183,451) | 1,861,883,189 | (3,602,183,451) |
(Decrease)/Increase in Other Financial Liabilities | (1,133,923,813) | 472,983,980 | (1,133,923,813) | 472,983,980 |
(Decrease)/Increase in Other Liabilities | 1,376,018,025 | 226,683,852 | 1,310,277,754 | (8,310,724) |
Cash generated from Operations | 5,721,444,337 | (3,424,258,761) | 5,714,418,502 | (3,576,684,666) |
Retirement Benefit obligation paid | (8,183,200) | (11,810,438) | (8,183,200) | (11,810,438) |
Taxes paid | (2,885,795,281) | (554,281,358) | (2,902,224,820) | (606,984,793) |
Net cash flows from/(used in) Operating activities | 2,827,465,856 | (3,990,350,556) | 2,804,010,482 | (4,195,479,897) |
Cash flows from / (used in) Investing activities | ||||
Acquisition of Investment Property | 10,000,000 | - | 10,000,000 | - |
Acquisition of Property, plant and equipments | 7,550,193 | (51,138,953) | 7,550,193 | (51,138,953) |
Investments in Units | - | - | - | (117,065,886) |
Net investment in placements with banks | 567,376,096 | 845,599,207 | 592,332,993 | 845,599,207 |
Net investment in financial assets measured at fair value through profit or loss | 1,513,442,665 | 106,243,866 | 1,513,442,665 | 106,243,866 |
Net investment in financial assets measured at fair value through other comprehensive income | - | (27,000,000) | - | (27,000,000) |
Net cash flows from/(used in) Investing activities | 2,098,368,954 | 873,704,120 | 2,123,325,851 | 756,638,233 |
Cash flows from / (used in) Financing activities | ||||
Net cash flow from/(used in) Debt Instruments issued and Other borrowings | - | 28,935,707 | - | 28,935,707 |
Proceeds from Loans obtained | 1,000,000,000 | 1,300,000,000 | 1,000,000,000 | 1,300,000,000 |
Lease Payments | (67,194,403) | (48,326,430) | (67,194,403) | (48,326,430) |
Repayment of Bank Loans | (5,037,807,065) | (4,186,501,878) | (5,037,807,065) | (4,186,501,878) |
Dividend paid | (954,223,090) | - | (954,223,090) | - |
Net cash flows from/(used in) Financing activities | (5,059,224,559) | (2,905,892,602) | (5,059,224,559) | (2,905,892,601) |
Net increase in Cash and Cash equivalents | (133,389,748) | (6,022,539,039) | (131,888,226) | (6,344,734,266) |
Cash and Cash equivalents at the beginning of the period | 11,080,292,388 | 16,774,839,348 | 11,085,456,747 | 17,152,392,901 |
Cash and Cash equivalents at the end of the period | 10,946,902,640 | 10,752,300,310 | 10,953,568,521 | 10,807,658,636 |
Cash in hand | 3,748,858,204 | 3,194,427,125 | 3,755,524,086 | 3,202,268,461 |
Reverse repurchase agreements | 5,755,354,218 | 3,434,813,478 | 5,755,354,218 | 3,454,813,478 |
Placements with Bank | 1,704,399,501 | 4,276,145,852 | 1,704,399,501 | 4,303,662,841 |
Bank Overdrafts | (261,709,283) | (153,086,144) | (261,709,283) | (153,086,144) |
Total Cash and Cash Equivalents For the Purpose of Cash Flow Statement | 10,946,902,640 | 10,752,300,310 | 10,953,568,521 | 10,807,658,636 |
These figures are provisional and subject to audit.
COMMERCIAL CREDIT & FINANCE PLC
ANALYSIS OF FINANCIAL INSTRUMENTS BY MEASUREMENT BASIS
COMPANY As at 30 June 2026 | At Fair Value Fair value Fair value through profit through Other or Loss Comprehensive Income | At Amortised Cost Financial assets measured at Total amortised cost | ||
LKR | LKR | LKR | LKR | |
Assets | ||||
Cash and Bank Balances | - | - | 3,748,858,204 | 3,748,858,204 |
Placements with banks | - | - | 2,802,390,061 | 2,802,390,061 |
Financial assets measured at fair value through profit or loss | 3,152,617,950 | - | - | 3,152,617,950 |
Financial assets at amortised cost | ||||
Loans and Receivables | - | - | 30,540,088,113 | 30,540,088,113 |
Lease rentals receivable & Stock out on hire | - | - | 67,240,188,078 | 67,240,188,078 |
Debt & other instruments | 5,780,354,218 | 5,780,354,218 | ||
Financial assets at fair value through other comprehensive income | - | 210,753,456 | - | 210,753,456 |
Other financial assets | - | - | 154,191,524 | 154,191,524 |
Total Financial Assets | 3,152,617,950 | 210,753,456 | 110,266,070,198 | 113,629,441,604 |
At Amortised Cost | ||||
As at 30 June 2026 | Other Financial Total | |||
Liabilities | ||||
Liabilities | LKR LKR | |||
Due to Banks | - | - | 25,596,202,820 25,596,202,820 | |
Due to Customers | - | - | 57,215,000,007 57,215,000,007 | |
Unsecured Subordinate Term Loan | - | - | 1,560,904,109 1,560,904,109 | |
Other Financial Liabilities | - | - | 1,509,914,295 1,509,914,295 | |
Total Financial Liabilities | - | - | 85,882,021,231 | 85,882,021,231 |
As at 31 March 2026 | At Fair Value Fair value Fair value through profit through Other or Loss Comprehensive Income | At Amortised Cost Financial assets measured at Total amortised cost | ||
LKR | LKR | LKR | LKR | |
Assets | ||||
Cash and Bank balances | - | - | 3,025,646,835 | 3,025,646,835 |
Placement with Banks | - | - | 2,686,823,769 | 2,686,823,769 |
Financial assets measured at fair value through profit or loss | 4,666,060,615 | - | - | 4,666,060,615 |
Financial assets at amortised cost | ||||
Loans and receivables | - | - | 33,396,085,584 | 33,396,085,584 |
Lease rentals receivable & Stock out on hire | - | - | 65,619,972,955 | 65,619,972,955 |
Debt & other instruments | - | - | 7,250,613,519 | 7,250,613,519 |
Financial assets at fair value through other comprehensive income | - | 210,753,456 | - | 210,753,456 |
Other financial assets | - | - | 142,521,438 | 142,521,438 |
Total Financial Assets | 4,666,060,615 | 210,753,456 | 112,121,664,100 | 116,998,478,171 |
At Amortised Cost | ||||
As at 31 March 2026 | Other Financial Total | |||
Liabilities | ||||
Liabilities | LKR LKR | |||
Due to Banks | - | - | 29,502,639,363 29,502,639,363 | |
Due to customers | - | - | 55,353,116,818 55,353,116,818 | |
Unsecured Subordinate Term Loan | - | - | 1,506,410,960 1,506,410,960 | |
Debt Instruments Issued and Other borrowed funds | - | - | - - | |
Other financial liabilities | - | - | 2,643,838,108 2,643,838,108 | |
Total Financial Liabilities | - | - | 89,006,005,249 | 89,006,005,249 |
COMMERCIAL CREDIT & FINANCE PLC
ANALYSIS OF FINANCIAL INSTRUMENTS BY MEASUREMENT BASIS
GROUP As at 30 June 2026 | At Fair Value Fair value Fair value through profit through Other or Loss Comprehensive Income | At Amortised Cost Financial assets measured at Total amortised cost | ||
LKR | LKR | LKR | LKR | |
Assets | ||||
Cash and Bank Balances | - | - | 3,755,524,086 | 3,755,524,086 |
Placements with banks | - | - | 2,802,390,061 | 2,802,390,061 |
Financial assets measured at fair value through profit or loss | 3,152,922,121 | - | - | 3,152,922,121 |
Financial assets at amortised cost | ||||
Loans and Receivables | - | - | 30,540,088,113 | 30,540,088,113 |
Lease rentals receivable & Stock out on hire | - | - | 67,240,188,078 | 67,240,188,078 |
Debt & other instruments | 5,842,349,711 | 5,842,349,711 | ||
Financial assets at fair value through other comprehensive income | - | 210,753,456 | - | 210,753,456 |
Other financial assets | - | - | 221,776,177 | 221,776,177 |
Total Financial Assets | 3,152,922,121 | 210,753,456 | 110,402,316,226 | 113,765,991,803 |
At Amortised Cost | ||||
As at 30 June 2026 | Other Financial Total | |||
Liabilities | ||||
Liabilities | LKR LKR | |||
Due to Banks | - | - | 25,596,202,820 25,596,202,820 | |
Due to Customers | - | - | 57,068,087,507 57,068,087,507 | |
Unsecured Subordinate Term Loan | - | - | 1,560,904,109 1,560,904,109 | |
Debt Instruments Issued and Other borrowed funds | - | - | - - | |
Other Financial Liabilities | - | - | 1,579,807,039 1,579,807,039 | |
Total Financial Liabilities | - | - | 85,805,001,475 | 85,805,001,475 |
As at 31 March 2026 | At Fair Value Fair value Fair value through profit through Other or Loss Comprehensive Income | At Amortised Cost Financial assets measured at Total amortised cost | ||
LKR | LKR | LKR | LKR | |
Assets | ||||
Cash and Bank balances | - | - | 3,030,811,194 | 3,030,811,194 |
Placement with Banks | - | - | 2,686,823,769 | 2,686,823,769 |
Financial assets measured at fair value through profit or loss | 4,668,312,068 | - | - | 4,668,312,068 |
Financial assets at amortised cost | ||||
Loans and receivables | - | - | 33,350,952,434 | 33,350,952,434 |
Lease rentals receivable & Stock out on hire | - | - | 65,619,972,955 | 65,619,972,955 |
Debt & other instruments | - | - | 7,335,649,845 | 7,335,649,845 |
Financial assets at fair value through other comprehensive income | - | 210,753,456 | - | 210,753,456 |
Other financial assets | - | - | 188,276,434 | 188,276,434 |
Total Financial Assets | 4,668,312,068 | 210,753,456 | 112,212,486,631 | 117,091,552,155 |
At Amortised Cost | ||||
As at 31 March 2026 | Other Financial Total | |||
Liabilities | ||||
Liabilities | LKR LKR | |||
Due to Banks | - | - | 29,502,639,363 29,502,639,363 | |
Due to customers | - | - | 55,202,695,390 55,202,695,390 | |
Unsecured Subordinate Term Loan | - | - | 1,506,410,960 1,506,410,960 | |
Debt Instruments Issued and Other borrowed funds | - | - | - - | |
Other financial liabilities | - | - | 2,643,574,826 2,643,574,826 | |
Total Financial Liabilities | - | - | 88,855,320,539 | 88,855,320,539 |
COMMERCIAL CREDIT & FINANCE PLC
FAIR VALUE HIERARCHY The following table shows an analysis of financial instruments recorded at fair value by level of the fair value hierarchy. | ||||
COMPANY As at 30 June 2026 | Level 1 LKR | Level 2 LKR | Level 3 LKR | Total LKR |
Financial assets - Recognised through profit or loss | ||||
Government of Sri Lanka Treasury Bills | - | 3,049,870,738 | - | 3,049,870,738 |
Quoted equity investments | 102,747,212 | - | - | 102,747,212 |
Investments in Unit Trusts | - | - | - | - |
Financial assets -fire value through other comprehensive income | ||||
Government of Sri Lanka Treasury Bonds | - | - | - | - |
Government of Sri Lanka Treasury Bills | - | - | - | - |
Quoted equities | - | - | - | - |
Unquoted equity investments | - | 210,753,456 | 210,753,456 | |
Unit Trusts | - | - | - | - |
Total Financial Assets | 102,747,212 | 3,049,870,738 | 210,753,456 | 3,363,371,406 |
Non financial assets measured at fair value | ||||
Freehold land | - | - | 3,100,353,813 | 3,100,353,813 |
Building & Building integrals | - | - | 2,662,507,217 | 2,662,507,217 |
Investment property | - | - | 4,619,500,000 | 4,619,500,000 |
- | - | 10,382,361,030 | 10,382,361,030 | |
As at 31March 2026 Level 1 Level 2 Level 3 Total LKR LKR LKR LKR |
Financial assets - Recognised through profit or loss Government of Sri Lanka Treasury Bills - 4,567,165,615 - 4,567,165,615 Quoted equity investments 98,895,000 - 98,895,000 Investments in Unit Trusts - - - - Financial assets -fire value through other comprehensive income Government of Sri Lanka Treasury Bonds - - - - Government of Sri Lanka Treasury Bills - - - - Quoted equities - - - - Unquoted equity investments - - 210,753,456 210,753,456 Investments in Unit Trusts - - - - Total Financial Assets 98,895,000 4,567,165,615 210,753,456 4,876,814,071 Non financial assets measured at fair value Freehold land - - 3,100,353,813 3,100,353,813 Building & Building integrals - - 2,668,602,925 2,668,602,925 Investment property - - 4,609,500,000 4,609,500,000 - - 10,378,456,738 10,378,456,738 |
COMMERCIAL CREDIT & FINANCE PLC
FAIR VALUE HIERARCHY The following table shows an analysis of financial instruments recorded at fair value by level of the fair value hierarchy. | ||||
GROUP As at 30 June 2026 | Level 1 LKR | Level 2 LKR | Level 3 LKR | Total LKR |
Financial assets - Recognised through profit or loss | ||||
Government of Sri Lanka Treasury Bills | - | 3,152,922,121 | - | 3,152,922,121 |
Quoted equity investments | 102,747,212 | - | - | 102,747,212 |
Investments in Unit Trusts | - | 1,995,493 | - | 1,995,493 |
Financial assets -fire value through other comprehensive income | ||||
Unquoted equity investments | - | 210,753,456 | 210,753,456 | |
Total Financial Assets | 102,747,212 | 3,154,917,614 | 210,753,456 | 3,468,418,282 |
Non financial assets measured at fair value | ||||
Freehold land | - | - | 3,100,353,813 | 3,100,353,813 |
Building & Building integrals | - | - | 2,662,507,217 | 2,662,507,217 |
Investment property | - | - | 4,619,500,000 | 4,619,500,000 |
- | - | 10,382,361,030 | 10,382,361,030 | |
As at 31March 2026 Level 1 Level 2 Level 3 Total LKR LKR LKR LKR |
Financial assets - Recognised through profit or loss Government of Sri Lanka Treasury Bills - 4,567,464,679 - 4,567,464,679 Quoted equity investments 98,895,000 - 98,895,000 Investments in Unit Trusts - 1,952,389 - 1,952,389 Financial assets -fire value through other comprehensive income Unquoted equity investments - - 210,753,456 210,753,456 Total Financial Assets 98,895,000 4,569,417,068 210,753,456 4,879,065,524 Non financial assets measured at fair value Freehold land - - 3,100,353,813 3,100,353,813 Building & Building integrals - - 2,668,602,925 2,668,602,925 Investment property - - 4,609,500,000 4,609,500,000 - - 10,378,456,738 10,378,456,738 |
COMMERCIAL CREDIT & FINANCE PLC
FINANCIAL REPORTING BY SEGMENT
For Three month period ended 30 June 2026 Company | Finance Lease LKR | Hire Purchase LKR | Micro Finance & SME LKR | Gold Loan LKR | Term Loan LKR | Revolving Loans LKR | Investments LKR | Unallocated LKR | Total LKR |
Interest income | 5,752,206,320 | 150,433,664 | 434,175,799 | 1,301,815,834 | 9,284,119 | 52,440,166 | 311,524,916 | 209,537,752 | 8,221,418,569 |
Fee Based Income & others | 715,291,191 | 18,706,539 | 53,990,088 | 161,881,780 | 1,154,487 | 6,520,974 | 38,738,358 | 26,056,177 | 1,022,339,596 |
Unallocated Revenue | - | - | - | - | - | - | - | - | - |
Total Revenue | 6,467,497,511 | 169,140,203 | 488,165,887 | 1,463,697,614 | 10,438,606 | 58,961,140 | 350,263,275 | 235,593,929 | 9,243,758,164 |
Segmental Result | 2,477,598,860 | 64,795,011 | 187,008,846 | 560,720,052 | 3,998,869 | 22,587,106 | 134,180,475 | 90,252,412 | 3,541,141,632 |
VAT on Financial services | - | - | - | - | - | - | - | - | (735,399,218) |
Social Security Contribution Levy | - | - | - | - | - | - | - | - | (102,138,780) |
Profits from Operations | - | - | - | - | - | - | - | - | 2,703,603,633 |
Share of Associate Profit | - | - | - | - | - | - | - | - | 393,573,860 |
Profit Before Tax | - | - | - | - | - | - | - | - | 3,097,177,493 |
Income Tax Expenses | - | - | - | - | - | - | - | - | (1,089,943,109) |
Net profit for the period | - | - | - | - | - | - | - | - | 2,007,234,384 |
Segment Asset | 66,263,204,526 | 977,095,663 | 2,458,000,412 | 23,316,352,059 | 1,211,355,504 | 292,725,770 | 22,300,100,194 | 12,634,202,863 | 129,453,036,991 |
Total Asset | 129,453,036,991 | ||||||||
Segment Liabilities | 47,238,204,311 | 696,559,197 | 1,752,277,550 | 16,621,933,851 | 863,560,089 | 208,680,516 | 15,897,460,690 | 9,006,764,168 | 92,285,440,372 |
Total Liabilities | 92,285,440,372 |
For Three month period ended 30 June 2025 Company | Finance Lease LKR | Hire Purchase LKR | Micro Finance & SME LKR | Gold Loan LKR | Term Loan LKR | Revolving Loans LKR | Investments LKR | Unallocated LKR | Total LKR |
Interest income | 3,922,076,169 | 1,149,173,186 | 453,025,484 | 981,335,574 | 57,924,402 | 56,480,817 | 400,411,117 | 222,290,192 | 7,242,716,942 |
Fee Based Income & others | 407,640,512 | 119,439,176 | 47,085,149 | 101,994,994 | 6,020,366 | 5,870,327 | 41,616,681 | 23,103,704 | 752,770,908 |
Unallocated Revenue | - | - | - | - | - | - | - | - | - |
Total Revenue | 4,329,716,681 | 1,268,612,362 | 500,110,632 | 1,083,330,568 | 63,944,768 | 62,351,144 | 442,027,798 | 245,393,896 | 7,995,487,850 |
Segmental Result | 2,296,557,037 | 672,894,063 | 265,267,378 | 574,617,376 | 33,917,417 | 33,072,131 | 234,459,233 | 130,161,191 | 4,240,945,826 |
VAT on Financial services | - | - | - | - | - | - | - | - | (792,805,436) |
Social Security Contribution Levy | - | - | - | - | - | - | - | - | (110,111,866) |
Profits from Operations | - | - | - | - | - | - | - | - | 3,338,028,524 |
Share of Associate Profit | - | - | - | - | - | - | - | - | - |
Profit Before Tax | - | - | - | - | - | - | - | - | 3,338,028,524 |
Income Tax Expenses | - | - | - | - | - | - | - | - | (1,255,393,684) |
Net profit for the period | - | - | - | - | - | - | - | - | 2,082,634,840 |
Segment Asset | 41,075,167,727 | 7,977,736,903 | 2,595,914,876 | 18,038,637,686 | 719,418,576 | 334,705,908 | 23,874,025,401 | 12,202,104,614 | 106,817,711,691 |
Total Asset | 106,817,711,691 | ||||||||
Segment Liabilities | 29,357,528,298 | 5,701,903,360 | 1,855,370,255 | 12,892,700,033 | 514,187,826 | 239,223,324 | 17,063,408,747 | 8,721,172,702 | 76,345,494,545 |
Total Liabilities | 76,345,494,545 |
These figures are provisional and subject to audit
COMMERCIAL CREDIT & FINANCE PLC
FINANCIAL REPORTING BY SEGMENT
For Three month period ended 30 June 2026 Group | Finance Lease LKR | Hire Purchase LKR | Micro Finance & SME LKR | Gold Loan LKR | Term Loan LKR | Revolving Loans LKR | Investments LKR | Unallocated LKR | Total LKR |
Interest income | 5,752,206,320 | 150,433,664 | 434,175,799 | 1,301,815,834 | 9,284,119 | 52,440,166 | 316,387,938 | 209,537,752 | 8,226,281,590 |
Fee Based Income & others | 783,719,248 | 20,496,093 | 59,155,029 | 177,368,138 | 1,264,931 | 7,144,801 | 43,106,819 | 28,548,832 | 1,120,803,891 |
Unallocated Revenue | - | - | - | - | - | - | - | - | - |
Total Revenue | 6,535,925,568 | 170,929,757 | 493,330,828 | 1,479,183,972 | 10,549,049 | 59,584,967 | 359,494,757 | 238,086,584 | 9,347,085,481 |
Segmental Result | 2,540,836,549 | 66,448,825 | 191,782,018 | 575,031,747 | 4,100,936 | 23,163,615 | 139,753,339 | 92,555,995 | 3,633,673,023 |
VAT on Financial services | - | - | - | - | - | - | - | - | (735,399,218) |
Social Security Contribution Levy | - | - | - | - | - | - | - | - | (102,138,780) |
Profits from Operations | - | - | - | - | - | - | - | - | 2,796,135,025 |
Share of Associate Profit | - | - | - | - | - | - | - | - | 393,573,860 |
Profit Before Tax | - | - | - | - | - | - | - | - | 3,189,708,885 |
Income Tax Expenses | - | - | - | - | - | - | - | - | (1,117,669,874) |
Net profit for the period | - | - | - | - | - | - | - | - | 2,072,039,011 |
Segment Asset | 66,263,204,526 | 977,095,663 | 2,458,000,412 | 23,316,352,059 | 1,211,355,504 | 292,725,770 | 22,436,650,392 | 12,645,673,297 | 129,601,057,623 |
Total Asset | 129,601,057,623 | ||||||||
Segment Liabilities | 47,145,080,733 | 695,186,027 | 1,748,823,177 | 16,589,166,010 | 861,857,700 | 208,269,132 | 15,963,274,063 | 8,997,169,587 | 92,208,826,428 |
Total Liabilities | 92,208,826,428 |
For Three month period ended 30 June 2025 Group | Finance Lease LKR | Hire Purchase LKR | Micro Finance & SME LKR | Gold Loan LKR | Term Loan LKR | Revolving Loans LKR | Investments LKR | Unallocated LKR | Total LKR |
Interest income | 3,922,076,169 | 1,149,173,186 | 453,025,484 | 981,335,574 | 57,924,402 | 56,480,817 | 400,411,117 | 222,290,192 | 7,242,716,942 |
Fee Based Income & others | 444,853,527 | 130,342,636 | 51,383,496 | 111,305,995 | 6,569,958 | 6,406,222 | 45,415,818 | 25,212,814 | 821,490,465 |
Unallocated Revenue | - | - | - | - | - | - | - | - | - |
Total Revenue | 4,366,929,696 | 1,279,515,822 | 504,408,979 | 1,092,641,569 | 64,494,360 | 62,887,039 | 445,826,935 | 247,503,006 | 8,064,207,407 |
Segmental Result | 2,332,772,729 | 683,505,306 | 269,450,528 | 583,678,839 | 34,452,280 | 33,593,664 | 238,156,551 | 132,213,775 | 4,307,823,673 |
VAT on Financial services | - | - | - | - | - | - | - | - | (792,805,436) |
Social Security Contribution Levy | - | - | - | - | - | - | - | - | (110,111,866) |
Profits from Operations | - | - | - | - | - | - | - | - | 3,404,906,370 |
Share of Associate Profit | - | - | - | - | - | - | - | - | - |
Profit Before Tax | - | - | - | - | - | - | - | - | 3,404,906,371 |
Income Tax Expenses | - | - | - | - | - | - | - | - | (1,275,407,748) |
Net profit for the period | - | - | - | - | - | - | - | - | 2,129,498,623 |
Segment Asset | 41,075,167,727 | 7,977,736,903 | 2,595,914,876 | 18,038,637,686 | 719,418,576 | 334,705,908 | 24,077,580,895 | 12,202,852,426 | 107,022,014,997 |
Total Asset | 107,022,014,997 | ||||||||
Segment Liabilities | 29,318,703,918 | 5,694,362,778 | 1,852,916,588 | 12,875,649,855 | 513,507,829 | 238,906,959 | 17,186,137,133 | 8,710,173,008 | 76,390,358,068 |
Total Liabilities | 76,390,358,068 |
These figures are provisional and subject to audit
COMMERCIAL CREDIT & FINANCE PLC
NOTES TO THE INTERIM FINANCIAL STATEMENTS
The Interim financial statements of the company have been prepared in accordance with the Sri Lanka Accounting Standards (LKAS/SLFRS).
The Company has used the same accounting policies and method of computing described in the Audited Financial statements of the company for 2025/26 in the preparation of these interim financial statements.
These Financial Statements are in accordance with Sri Lanka Accounting Standard LKAS 34, Interim Financial Reporting and provisions of the Companies Act No 07 of 2007.Further they provide the information as required in terms of rule 7.4 of the Colombo Stock Exchange.
The company assessed the Expected Credit Losses (ECL) of credit facilities based on two approaches of individual and collective basis. The customers who have been identified as individually significant were assessed under individual basis and they were staged based on the identified indicators of increase in credit risks.
The Expected Credit Losses assessed on collective impairment approach were based on Probability of Default (PD), Loss Given Default (LGD) and the Economic Factor Adjustment (EFA) by applying the recent forecasts and projections published by the Central Bank of Sri Lanka.
Events After the Balance Sheet Date
There have been no material events occurring after the reporting date that require adjustments to or disclosure in the Financial Statements.
Stated Capital is represented by number of shares in issue as follows;
30-Jun-2026
30-Jun-2025
Issued and fully paid Ordinary Shares (Quoted)
318,074,365
318,074,365
Market value of Shares
30-Jun-2026 LKR
30-Jun-2025 LKR
Highest traded price
137.00
89.90
Lowest traded price
108.75
87.40
Last traded price
120.00
89.30
Information on Listed Debentures
30-Jun-2026
30-Jun-2025
COCR-BD-04/03/26 -C2471-9
COCR-BD-04/03/26-C2471-9
Highest Traded Price
-
Not Traded
Lowest Traded Price
-
Not Traded
Last Traded Price
-
Not Traded
Interest Yield as at date of last trade
-
Not Traded
Coupon Rate
-
9.00% p.a
Current Yield & Yield to Maturity
-
9.00%
Debt Equity Ratio
-
2.16
Quick Asset Ratio
-
1.15
Interest Cover Ratio
-
2.72
Interest Rates of Comparable Government Securities
-
9.47%
Listed debentures were redeemed on 04th March 2026.
Major twenty shareholders as at 30 June 2026
No
Name of the Shareholder
Total Holding
Percentage
1
GROUP LEASE HOLDINGS PTE LTD (IN LIQUIDATION)
95,390,500
29.99%
2
B G INVESTMENTS (PVT) LIMITED
83,832,175
26.36%
3
LOLC FINANCE PLC/B.G.INVESTMENTS (PVT) LTD
45,000,000
14.15%
4
PEOPLE S LEASING AND FINANCE PLC/B G INVESTMENTS (PVT) LIMITED
31,000,000
9.75%
5
SEYLAN BANK PLC/S.R. FERNANDO
10,100,000
3.18%
6
PEOPLE'S LEASING & FINANCE PLC /MS.S.N.EGODAGE
5,093,438
1.60%
7
DR. E. FERNANDO
4,200,000
1.32%
8
BNYM RE ACADIAN FRONTIER MARKETS EQUITY FUND
2,130,702
0.67%
9
MRS. H.H.J. HEWAGE
1,946,124
0.61%
10
MANDALA VENTURES PVT LTD
1,419,109
0.45%
11
MR. T.K. HEMACHANDRA
1,355,689
0.43%
12
MISS. S.N. EGODAGE
1,276,000
0.40%
13
MR. G.I.A. PERERA
1,185,100
0.37%
14
MR. S.M. HEMACHANDRA
1,050,000
0.33%
15
J.B. COCOSHELL (PVT) LTD
922,352
0.29%
16
MR. D.T. SEMAGE
488,649
0.15%
17
N P CAPITAL LTD
460,000
0.14%
18
MR. A.S. RATNAYAKE
460,000
0.14%
19
MR. P.S. DANGAMPOLA
456,400
0.14%
20
DFCC BANK PLC/P.S.R.CASIE CHITTY
429,808
0.14%
Public Shareholding
Percentage
19.01%
Number
7,541
Directors' shareholding as at 30 June 2026
Name of the Shareholder | No. of Shares | % of Shareholding |
Girisa Bandula Egodage | - | - |
Gillian Auril Mary Edwards | - | - |
Prasanna Senani Rajiv Casie Chitty | 429,808 | 0.135 |
Liyanage Lasantha Sadananda Wickremasinghe | - | - |
Christine Shiromi Jesudian | - | - |
Geya Rasi Egodage | - | - |
Roshan Sanjaya Egodage | - | - |
Karnjote Singh S/O Jarmal Singh | - | - |
Dr. (Ms) J. Kuruppu | - | - |
Total | 429,808 | 0.135 |
11 The Float adjusted Market Capitalisation as at 3 0 June 2026 - LKR 7,255,849,800
The float adjusted market capitalization of the Company falls under Option 2 of Rule 7.14.1 (i) b, of the Listing Rules of the Colombo Stock Exchange and the Company has complied with the minimum public holding requirement applicable under the said option.
COMMERCIAL CREDIT & FINANCE PLC
CORPORATE INFORMATION
1 Company Name Commercial Credit and Finance PLC
2 Legal Form
Incorporated as a Private Limited Liability Company under the Companies Act No.17 of 1982 on 4 October 1982 and converted to a Public Company on 16 December 1989 and re-registered under the Companies Act No.07 of 2007 on 8 April 2008.A Registered Finance Company under the Finance Companies Act No. 78 of 1988 and re-registered under the Finance Business Act No. 42 of 2011.
A Registered Finance Leasing establishment under the Finance Leasing Act No.56 of 2000 (as amended).The Shares of the Company were listed on Dirisavi Board of the Colombo Stock Exchange on 1 June 2011. The Stock Exchange code for the Company share is "COCR".
3 New Registration No. (Under the Companies Act No. 7 of 2007)
PB 269 PQ
4 Place of Incorporation Kandy, Sri Lanka
5 Registered Office No. 106, Yatinuwara Veediya, Kandy
6 City Office
No. 165, Kynsey Road, Colombo 08
7 Telephone
081 2 000 000
011 2 000 000
8 Fax 081 2234977 / 011 2327882
9 E-mail ccl@cclk.lk
10 Website https://www.cclk.lk
11 Credit Rating Rated BBB+(Stable) by Lanka Rating Agency
12 Board of Directors of the Company
Mr. G.B. Egodage (Non-Independent Non-Executive Director) - Chairman Mr. R.S. Egodage (Executive Director) - Chief Executive Officer
Ms. G.R. Egodage (Executive Director)
Mr. P.S.R.C. Chitty (Executive Director) - Chief Operating Officer
Mr. L.L.S. Wickremasinghe (Senior Director/IndependentNon-Executive Director) Ms. G.A.M. Edwards (Independent Non-Executive Director)
Dr. Ms. J.P. Kuruppu (Independent Non-Executive Director) Ms. C. S. Jesudian (Independent Non-Executive Director)
Mr. Karnjote Singh S/O Jarmal Singh (Non - Independent Non-Executive Director)
13 Company Secretary
Ms.Shashika Ruwanmali No. 165,
Kynsey Road Colombo 08
14 Company Auditors
KPMG
Chartered Accountants No. 32A,
Sir Mohamed Macan Markar Mawatha Colombo 03
15 Bankers of the Company
Commercial Bank of Ceylon PLC Hatton National Bank PLC Nations Trust Bank PLC Sampath Bank PLC National Development Bank PLC Seylan Bank PLC
People's Bank Bank of Ceylon
Cargills Bank Limited DFCC Bank PLC
HDFC Bank
Pan Asia Banking Corporation PLC
https://www.cclk.lk