Central Bank of Sri Lanka

Bulletin Volume 64 Number 05

May 2014 The Central Bank of Sri Lanka Bulletin is issued monthly by the Department of Economic Research under the direction of a Staff Editorial Committee. The Committee is responsible for interpretations and opinions expressed except those of official statements and signed articles. However, these interpretations and opinions should not be construed to be the official viewpoint of the Monetary Board of the Central Bank of Sri Lanka. The material appearing in the Bulletin may be reproduced or translated in whole or in part without prior permission (unless it is indicated as copy-righted), provided due credit is given to the Central Bank of Sri Lanka and the Bulletin.

ISSN 1391-3654

Published by the Central Bank of Sri Lanka, Colombo 1.

324 w Central Bank of Sri Lanka w Bulletin w May 2014 Contents Page Part I – Events of the Month… …… …… …… …… 327

Part II – Statistical Tables Table PRODUCTION, RAINFALL, INPUTS AND INVESTMENT Gross Domestic Product by Industrial Origin ……… ……… ……… ……… 01 Agricultural Production Indices……… ……… ……… ……… ……… 02 Production of Tea, Rubber and Coconut ……… ……… ……… ……… 03 Paddy Production ……… ……… ……… ……… ……… 04 Rainfall and Rainy Days ……… ……… ……… ……… ……… 05 Selected Industrial Production Indicators ……… ……… ……… ……… 06 Industrial Production Index of Major Industry Divisions… ……… ……… ……… 07 Investments, Exports and Employment in BOI Enterprises ……… ……… ……… 08

COMMUNICATION, ENERGY, TRANSPORTATION AND HOUSING Telecommunication Services ……… ……… ……… ……… ……… 09 Electricity Generation and Petroleum Imports ……… ……… ……… ……… 10 Passenger Transportation and Port Operations ……… ……… ……… ……… 11 New Registration of Motor Vehicles… ……… ……… ……… ……… 12 Greater Colombo Housing Approval Index ……… ……… ……… ……… 13

PRICES AND WAGES Colombo Consumers’ Price Index (CCPI) ……… ……… ……… ……… 14 Wholesale Price Index ……… ……… ……… ……… ……… 15 Wholesale Prices of Selected Food Items at Pettah Market ……… ……… ……… 16 Average Producer and Retail Prices of Selected Food Items ……… ……… ……… 17 Average Producer Prices of Selected Varieties of Vegetables, Sea Fish, Fruits and Poultry Products ……… 18 Average Retail Prices of Selected Varieties of Vegetables and Fish……… ……… ……… 19 Utility Prices ……… ……… ……… ……… ……… 20 Minimum Wage Rate Indices of Workers in Wages Board Trades ……… ……… ……… 21 Wage Rate Indices of Government Employees ……… ……… ……… ……… 22 All Island Average Daily Wages in the Informal Sector… ……… ……… ……… 23 Cost of Construction Indices ……… ……… ……… ……… ……… 24 Price Indices for Selected Construction Materials and Labour Wages…… ……… ……… 25

GOVERNMENT FINANCE Analysis of Net Cash Surplus (+) / Deficit (-) ……… ……… ……… ……… 26 Economic Classification of Government Revenue……… ……… ……… ……… 27 Government Expenditure – 2013…… ……… ……… ……… ……… 28 Economic Classification of Government Expenditure and Lending Minus Repayments……… ……… 29 Outstanding Central Government Debt ……… ……… ……… ……… 30

TRADE, TOURISM AND BALANCE OF PAYMENTS Exports, Imports and Trade Balance… ……… ……… ……… ……… 31 Exports ……… ……… ……… ……… ……… 32 Composition of Selected Industrial and Mineral Exports ……… ……… ……… 33 Tea and Rubber – Auctions and Exports ……… ……… ……… ……… 34 Major Coconut Products – Auctions and Exports ……… ……… ……… ……… 35 Exports of Other Agricultural Products – Volume ……… ……… ……… ……… 36 Exports of Other Agricultural Products – Value ……… ……… ……… ……… 37 Composition of Imports ……… ……… ……… ……… ……… 38 External Trade Indices – Export Value ……… ……… ……… ……… 39 External Trade Indices – Import Value ……… ……… ……… ……… 40 External Trade Indices – Export Volume ……… ……… ……… ……… 41

Central Bank of Sri Lanka w Bulletin w May 2014 w 325 Table External Trade Indices – Import Volume ……… ……… ……… ……… 42 External Trade Indices – Export Unit Value ……… ……… ……… ……… 43 External Trade Indices – Import Unit Value ……… ……… ……… ……… 44 Key Indicators of Tourist Industry…… ……… ……… ……… ……… 45 Balance of Payments – Rupees Million ……… ……… ……… ……… 46 Balance of Payments – US dollars Million ……… ……… ……… ……… 47 International Reserves of Sri Lanka… ……… ……… ……… ……… 48 Exchange Rates of Major Currencies and Monthly Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) ……… ……… ……… ……… 49 Interbank Forward Market Transactions ……… ……… ……… ……… 50

FINANCIAL SECTOR

Monetary Aggregates (M1 and M2)… ……… ……… ……… ……… 51 Monetary Survey – M2 ……… ……… ……… ……… ……… 52 Assets and Liabilities of the Central Bank ……… ……… ……… ……… 53 Assets and Liabilities of Domestic Banking Units (DBUs) of Commercial Banks ……… ……… 54 Assets and Liabilities of Offshore Banking Units (OBUs) of Commercial Banks ……… ……… 55

Consolidated Monetary Survey – M2b ……… ……… ……… ……… 56 Financial Survey – M4 ……… ……… ……… ……… ……… 57 Reserve Position of Commercial Banks ……… ……… ……… ……… 58 Currency Issue of the Central Bank (by Denomination) ……… ……… ……… 59 Money Rates : The Central Bank and Commercial Banks ……… ……… ……… 60 Yield Rates on Government Securities ……… ……… ……… ……… 61 Deposit and Lending Rates of Non-Commercial Bank Financial Institutions ……… ……… 62 Interest Rates of Licensed Commercial Banks ……… ……… ……… ……… 63 Commercial Banks’ Fees and Commissions ……… ……… ……… ……… 64 Cheque Clearing and SLIPS ……… ……… ……… ……… ……… 65 Commercial Banks Debits and Deposits Turnover … ……… ……… ……… 66 Ownership of Demand, Time and Savings Deposits of the Private Sector with Commercial Banks ……… 67 Commercial Banks’ Loans and Advances to the Private Sector ……… ……… ……… 68 Financial Operations of NDB, DFCC Bank and SMIB… ……… ……… ……… 69 Savings and Fixed Deposits of Deposit-taking Institutions ……… ……… ……… 70 Share Market Performance ……… ……… ……… ……… ……… 71

326 w Central Bank of Sri Lanka w Bulletin w May 2014 Part I EVENTS OF THE MONTH May 2014

Fiscal Sector Rs. 6.6 billion) to finance the Skill Sector Enhancement Program. This loan carries an interest fee of 2 per cent • Special Commodity Levy (SCL) on the importation of per annum during the grace period and thereafter. potatoes was reduced to Rs. 15 per kg from Rs. 25 The loan is repayable in 25 years including a grace per kg for a period of seven months. period of 5 years. • SCL on the importation of sugar was reduced to Rs. 25 per kg from Rs. 30 per kg for a period of seven A Loan from the Asian Development Bank months. (ADB) • SCL on importation of fresh fish, Maldive fish, sprats, An agreement was signed between the Government of dried fish, yogurt, butter, dairy spreads, garlic, peas, Sri Lanka and the Asian Development Bank, on 27 May chickpeas, green gram, black gram, cowpea, fresh 2014, for a loan of US dollars 50 million (approximately oranges, fresh grapes, fresh apples, chilies, seeds of Rs. 6.5 billion) to finance the Skill Sector Enhancement coriander, seeds of cumin, seeds of fennel, turmeric, Program. The loan carries an interest fee of LIBOR mathe seeds, kurakkan, kurakkan flour, black gram 6M + 0.6 per cent per annum, commitment charge of flour, ground nut-shelled, mustard seeds, vegetable 0.15 per cent and a maturity premium of 0.10 per cent. oils, margarine, canned fish and salt were extended The loan is repayable in 26 years including a grace for a period of seven months. period of 5 years. • SCL on importation of massor dhal-red lentils-whole and yellow lentils-whole were reduced to Rs. 5 per kg A Grant from the International Development from Rs. 10 per kg for a period of seven months. Association (IDA) of the World Bank An agreement was signed between the Government of A Loan from the Asian Development Bank Sri Lanka and Development Association (IDA) of the (ADB) World Bank on 8 May 2014, for a grant of US dollars An agreement was signed between the Government of 17.2 million (approximately Rs 2.2 billion) for the Sri Lanka and the Asian Development Bank, on 27 May additional financing of the North East Local Services 2014, for a loan of SDR 32.6 million (approximately Improvement Project (NELSIP).

Central Bank of Sri Lanka w Bulletin w May 2014 w 327 Part II STATISTICAL TABLES May 2014

Definitions and Explanatory Notes on Statistical Tables

The following general notes supplement the footnotes given below the individual tables:–

1. The data cover monthly figures available at the time the Bulletin goes to print, and the latest available information does not relate to the same month, in every table.

To enable comparision, annual figures for recent years are given.

2. In an attempt to bring the material up-to-date provisional figures are included in some tables.

3. Figures in some tables have been rounded off to the nearest final digit. Hence there may be a slight discrepancy between the total as shown and the sum of its components.

4. Differences as compared with previously published figures are due to subsequent revisions.

5. The following symbols have been used throughout:– n.a. = not available – = nil … = negligible 1 5,183 11,298 78,548 72,418 97,689 14,957 54,315 76,274 64,976 21,442 29,219 19,985 17,920 69,884 33,554 86,219 20,076 19,151 Qtr 4 119,315 843,246 279,317 151,565 487,655 189,657 138,646 Rs. million TABLE 3,632 12,724 69,723 72,974 19,713 54,534 94,016 81,760 33,808 22,978 20,458 18,221 73,516 34,637 93,323 19,765 18,859 Qtr 3 128,080 103,281 846,102 252,766 139,607 499,319 201,476 128,343 2013 (b) 6,517 14,048 4,554 66,273 70,798 92,107 14,995 57,255 83,589 73,334 31,900 18,354 21,983 20,029 57,759 31,851 87,091 19,503 19,403 Qtr 2 116,279 112,550 779,988 235,635 129,025 460,763 176,701 : Department of Census and Statistics 2,658 845 1,088 1,492 9,641 10,255 12,256 4,806 68,198 69,560 97,771 14,367 47,335 98,762 89,121 29,397 23,837 17,487 15,450 52,458 25,797 93,737 19,831 18,533 Qtr 1 116,776 796,764 249,167 139,646 126,665 448,834 171,993 Source 3,297 26,337 69,794 69,233 91,935 13,523 52,868 69,080 58,637 19,012 10,443 27,721 19,294 17,306 68,648 27,892 80,503 10,019 19,434 17,618 Qtr 4 111,858 252,311 779,465 135,501 123,697 458,073 177,043 8,938 3,197 11,154 63,361 68,361 92,543 17,186 52,639 87,680 76,526 31,748 20,420 18,399 16,255 67,369 32,207 87,755 19,227 17,619 Qtr 3 Real GDP (at 2002 Prices) (at Real GDP 114,536 784,422 233,832 131,652 120,187 462,909 187,330 2012 (a) 6,220 3,762 56,240 66,602 83,718 13,769 55,121 84,539 73,707 31,197 16,299 18,914 17,031 54,541 30,685 81,531 19,104 17,992 Qtr 2 102,813 730,641 213,953 122,500 109,902 432,150 166,757 8,464 10,832 4,052 25,140 89,025 29,765 20,232 15,844 13,760 27,177 19,161 17,551 Qtr 1 118,934 106,665 750,760 430,186 170,278 225,057 131,285

9,416 12,979 776 708 908 721 2,593 745 684 882 688 4,279 4,965 3,572 4,330 13,594 4,079 5,085 4,062 3,817 7,261 7,193 6,705 6,755 5,825 6,896 14,007 5,393 6,703 48,810 4,624 4,889 4,419 4,652 4,353 4,387 13,826 4,126 4,179 37,169 68,378 8,702 7,781 7,692 8,589 19,925 8,272 7,512 7,403 7,987 52,889 43,582 67,980 22,874 71,543 50,800 6,470 7,934 6,797 7,453 7,132 7,997 26,744 6,504 7,752 5,035 7,191 7,431 7,414 6,792 7,423 21,757 7,336 9,324 Qtr 4 330,339 57,697 308,870 65,548 315,191 205,256 46,932 203,179 95,517 447,170 139,663 55,887 239,527 87,214 297,342 166,010 87,053 873,603 421,997 388,477 2,498,486 1,421,704 5,667 1,948 11,642 15,449 15,215 65,023 45,841 33,091 10,820 54,498 46,384 58,196 17,482 57,482 44,735 19,226 19,040 Qtr 3 199,742 203,235 316,370 173,004 235,620 435,549 138,809 238,544 303,019 189,779 647,344 360,013 333,744 2,130,821 1,247,857 2013 (b) 3,088 10,411 17,176 15,463 67,406 39,076 31,767 15,507 48,539 39,926 48,007 14,994 63,962 45,615 22,156 19,284 Qtr 2 209,811 190,230 237,145 274,513 161,496 354,548 105,910 200,631 256,354 170,735 630,155 359,619 326,936 1,992,240 1,152,274 2,239 5,729 8,281 1,098 1,466 1,891 6,700 8,110 6,420 10,646 3,088

11,959 23,404 15,365 97,294 34,272 50,698 17,861 44,795 35,248 50,055 13,755 55,646 43,672 20,414 17,557 Qtr 1 111,639 174,372 196,793 256,595 425,231 128,605 246,571 241,674 284,665 250,393 664,327 394,461 353,196 2,052,323 1,103,331 7,311 34,946 12,539 7,808 61,494 15,546 2,389 11,659 4,638 5,449 5,087 6,669 8,501 7,513 7,684 8,434 4,661 5,326 4,807 6,400 11,412 10,611 16,235 52,941 35,542 52,596 18,765 44,298 35,645 53,654 20,065 52,916 44,562 20,751 16,191 Qtr 4 290,111 260,520 285,462 391,742 130,526 207,562 271,388 176,413 187,732 152,190 728,534 371,120 340,696 Nominal GDP 2,177,537 1,261,271 Gross Domestic Product by Industrial Origin by Industrial Product Gross Domestic 1,789 5,362 20,505 16,930 61,016 35,667 30,131 13,975 45,420 38,145 50,083 13,601 50,725 40,439 18,620 10,701 9,318 16,369 10,265 Qtr 3 241,911 167,288 177,963 407,546 144,545 212,919 254,520 154,055 206,468 170,801 561,723 318,885 295,054 1,867,040 1,098,848 2012 (a) 1,881 8,845 11,596 41,117 49,449 56,739 40,260 13,157 15,121 59,507 36,743 29,937 15,572 14,145 9,856 34,200 20,561 13,152 18,108 Qtr 2 147,809 205,641 326,694 101,018 176,227 229,848 213,684 142,312 539,804 320,942 291,225 198,485 161,742 1,751,381 1,013,091 2,468 6,750 7,319 7,247 8,679 3,050 2,433 3,512 3,485 2,623 2,381 3,413 3,089 5,865 4,747 4,227 6,996 7,713 4,461 3,978 5,545 1,910 1,861 2,254 2,166 1,814 1,752 2,128 2,233 5,360 3,816 2,835 4,175 4,754 3,513 2,624 3,621 9,725 9,488 3,481 2,833 3,257 2,836 3,254 2,732 3,056 2,493 7,109 9,637 6,707 7,787 7,579 7,420 6,047 7,232 1,344 5,525 6,166 6,714 1,340 1,199 1,261 1,300 1,261 1,247 1,329 6,088 5,036 5,486 6,264 6,459 50,554 12,682 51,748 98,196 40,475 53,559 14,055 77,485 27,015 39,449 21,413 16,278 38,124 29,568 15,269 13,406 14,884 Qtr 1 136,656 172,304 983,626 394,013 133,575 209,884 214,210 198,781 558,180 343,951 306,260 240,791 213,777 1,782,597

. etc Sector Import Trade Export Trade Domestic Trade Aviation Cargo Handling – Ports and Civil Post and Telecommunication Cottage Industry Firewood and Forestry Other Agricultural Crops Coconut) Rubber and Processing (Tea, Factory Industry Minor Export Crops Other Food Crops Plantation Development 7.1 7.2 7.3 Hotels and Restaurants and Communication Transport 9.1 Transport 9.2 9.3 4.3 Gas and Water Electricity, 5.1 Electricity 5.2 Gas 5.3 Water Wholesale and Retail Trade 1.9 1.10 Mining and Quarrying 4.1 4.2 Agriculture, Livestock and Forestry Agriculture, Livestock and 1.1 Tea 1.2 Rubber 1.3 Coconut 1.4 1.5 Paddy 1.6 Livestock 1.7 1.8 10. Banking, Insurance and Real Estate Ownership of Dwellings 11. 12. Government Services 13. Private Services GROSS DOMESTIC PRODUCT (a) Revised. (b) Provisional. 8. 9. 5. 6. Construction SERVICES 7. 2. Fishing INDUSTRY 3. 4. Manufacturing 1. AGRICULTURE INVESTMENT AND INPUTS RAINFALL, PRODUCTION,

Central Bank of Sri Lankaw Bulletin w May 2014 w 329 PRODUCTION, RAINFALL, INPUTS AND INVESTMENT TABLE 2 Agricultural Production Indices 2007 - 2010 = 100 (a)

Year Overall Plantation Tea Rubber Coconut Paddy Other Field Vegetable Livestock Fish Index (b) (c) Crops (c) (c) (d)

2011 111.2 105.8 105.1 117.9 99.1 104.1 106.6 112.4 105.0 133.3 2012 (e) 116.7 106.7 105.4 113.3 103.8 102.8 125.1 117.4 122.8 145.7 2013 (f) 122.1 99.4 109.1 97.2 88.7 123.6 129.2 135.5 135.6 153.7 2012 (e) 1st Qtr 101.5 96.2 128.4 101.5 129.5 2nd Qtr 113.0 114.6 117.6 109.6 145.3 148.9 137.2 141.2 3rd Qtr 106.3 100.5 109.1 113.2 159.6 4th Qtr 103.5 110.2 97.4 96.5 60.4 101.4 97.6 152.6 2013 (f) 1st Qtr 98.5 104.8 98.9 90.1 144.7 2nd Qtr 104.3 118.6 87.3 89.9 152.2 154.0 153.8 132.2 3rd Qtr 92.9 95.5 86.1 91.3 172.7 4th Qtr 106.1 117.5 116.5 88.1 94.9 104.4 117.2 165.3 2014(f) 1st Qtr 96.8 94.3 97.8 100.0 163.8

(a) The average values used for the base values in the index was changed from the period 1997–2000 Source : Central Bank of Sri Lanka to 2007–2010. (b) Overall indices are available only on annual basis because of the seasonal nature of certain crops. (c) Maha production index in the 2nd quarter and Yala production index in the 4th quarter. (d) Computed only on annual basis due to data limitations. (e) Revised (f) Provisional

PRODUCTION, RAINFALL, INPUTS AND INVESTMENT TABLE 3 Production of Tea, Rubber and Coconut

Tea (mn kg) Rubber (mn kg) Coconut (mn nuts)

Period High Medium Low Total Sheet Crepe Other Total Local Desic- Coco- Other Total Grown Grown Grown Consump- cated nut (a) tion Coconut Oil

2011 78.2 52.6 196.7 327.5 60.7 64.6 32.9 158.2 1,854.7 363.5 393.9 116.8 2,808.5 2012 (b) 73.6 52.6 202.1 328.4 59.2 39.7 53.1 152.0 1,872.6 324.7 649.1 134.3 2,939.5 2013 (b) 75.8 56.1 208.1 340.0 62.8 20.1 47.4 130.4 1,826.0 227.7 349.2 142.8 2,513.3

2012 (b) 2nd Qtr 22.0 15.5 51.8 89.3 15.0 9.2 15.2 39.5 468.2 87.5 187.0 33.7 776.4 3rd Qtr 14.3 11.3 52.7 78.3 13.8 14.7 8.2 36.6 468.2 81.6 221.4 30.9 802.0 4th Qtr 20.0 13.6 52.2 85.9 13.0 5.2 14.5 32.7 468.2 52.3 129.8 33.3 683.6

2013(b) 1st Qtr 19.5 13.0 49.2 81.7 14.5 6.0 12.7 33.2 456.5 40.7 108.6 32.0 637.8 2nd Qtr 21.6 16.5 54.3 92.4 13.4 5.6 10.3 29.3 456.5 46.6 98.7 35.3 637.1 3rd Qtr 14.5 11.7 48.3 74.4 14.6 3.8 10.5 28.9 456.5 67.6 86.3 36.2 646.7 4th Qtr 20.2 14.9 56.4 91.5 20.3 6.2 12.5 39.1 456.5 72.9 55.5 39.2 624.2

2014 (c) 1st Qtr 17.3 11.8 44.4 73.5 17.0 5.8 10.1 32.8 457.4 99.7 78.7 72.5 708.3

2013 (c) Apr 8.7 6.3 18.9 33.9 5.1 1.5 4.6 11.2 152.2 11.7 25.7 11.3 200.9 May 8.3 6.1 19.3 33.7 4.7 1.5 4.0 10.2 152.2 17.6 34.7 12.2 216.7 Jun 4.6 4.1 16.1 24.9 3.6 2.5 1.7 7.9 152.2 17.2 38.4 11.8 219.6 Jul 3.3 3.3 16.0 22.6 3.2 0.9 2.5 6.6 152.2 21.9 38.8 12.3 225.2 Aug 5.3 4.4 16.9 26.6 5.6 1.4 4.0 11.0 152.2 22.9 29.1 12.6 216.8 Sep 5.9 4.0 15.3 25.2 5.8 1.5 4.0 11.3 152.2 22.8 18.4 11.3 204.7 Oct 6.2 4.8 19.5 30.6 6.3 2.0 3.8 12.1 152.2 25.0 21.0 11.3 209.5 Nov 7.5 5.2 18.0 30.7 6.9 1.9 4.5 13.2 152.2 23.3 16.9 13.5 205.9 Dec 6.4 4.9 18.9 30.3 7.2 2.4 4.2 13.8 152.2 24.6 17.6 14.4 208.8

2014 (c) Jan 6.1 3.9 15.4 25.4 5.6 2.2 3.0 10.9 152.5 32.6 26.5 20.8 232.4 Feb 5.2 3.5 13.8 22.5 5.7 1.9 3.5 11.0 152.5 31.2 26.3 22.7 232.7 Mar 6.0 4.4 15.3 25.6 5.6 1.7 3.6 10.9 152.5 36.0 25.8 29.0 243.3 Apr 7.1 4.5 17.4 29.0 5.1 1.9 2.8 9.9 152.5 29.7 28.6 20.4 231.2

(a) The monthly and quarterly figures do not add up to the annual total due to the Sources : Sri Lanka Tea Board adjustment for changes in Copra stocks and revision in the estimates of local Rubber Development Department consumption. Ministry of Coconut Development and (b) Revised. Janatha Estate Development (c) Provisional.

330 w Central Bank of Sri Lanka w Bulletin w May 2014 PRODUCTION, RAINFALL, INPUTS AND INVESTMENT TABLE 4 Paddy Production

Maha Yala Total

Gross Net Prodc- Yield Gross Net Prodc- Yield Gross Net Prodc- Yield Extent Extent tion per Extent Extent tion per Extent Extent tion per Year Sown Harvested ha. Sown Harvested ha. Sown Harvested ha. (ha. ’000) (ha. ’000) (mt ’000) (kg.) (ha. ’000) (ha. ’000) (mt ’000) (kg.) (ha. ’000) (ha. ’000) (mt ’000) (kg.)

2007 525 459 1,973 4,299 291 255 1,158 4,543 816 714 3,131 4,389 2008 582 508 2,125 4,181 471 417 1,750 4,195 1,053 925 3,875 4,187 2009 632 539 2,384 4,421 345 303 1,268 4,186 978 842 3,652 4,336 2010 646 574 2,630 4,583 419 376 1,671 4,444 1,065 950 4,301 4,527 2011 730 544 1,996 3,668 493 437 1,898 4,347 1,223 981 3,894 3,970 2012 (a) 702 611 2,717 4,444 365 272 1,129 4,145 1,067 883 3,846 4,353 2013 (b) 780 665 2,846 4,281 448 403 1,774 4,408 1,227 1,067 4,621 4,329

(a) Revised Source : Department of Census and Statistics (b) Provisional

PRODUCTION, RAINFALL, INPUTS AND INVESTMENT TABLE 5 Rainfall and Rainy Days

2012 2013 (a) 2014 (b) 2011 2012 2013 Area 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr

Rainfall (mm)

Anuradhapura 1,816 1,878 1,194 146 40 1,520 512 137 119 426 208 Bandarawela 1,948 1,896 1,559 240 183 924 495 415 158 491 113 Colombo 1,774 2,465 1,991 773 421 850 364 813 437 377 250 Hambantota 1,015 1,294 966 155 275 709 330 227 148 261 100 Kandy (c) 1,777 1,991 1,926 240 227 1,287 462 622 386 455 114 Nuwara Eliya 1,700 1,771 2,158 251 226 1,122 484 753 516 405 103 Ratnapura 3,430 3,380 3,576 832 871 1,201 644 1,316 879 738 510 Trincomalee 2,906 1,810 1,493 14 251 1,368 795 136 160 402 252

No. of Rainy Days Anuradhapura 104 92 93 12 7 57 29 13 14 37 18 Bandarawela 167 135 158 26 19 65 44 38 25 51 24 Colombo 161 167 167 45 51 48 23 55 45 44 16 Hambantota 108 111 110 20 29 47 25 29 23 33 7 Kandy (c) 175 146 171 34 35 62 32 52 50 37 14 Nuwara Eliya 198 167 196 36 50 61 38 55 57 46 18 Ratnapura 219 207 228 58 65 56 41 74 62 51 27 Trincomalee 130 86 82 6 16 58 30 7 10 35 22 (a) Revised Source : Department of Meteorology (b) Provisional (c) Katugastota

Central Bank of Sri Lanka w Bulletin w May 2014 w 331 PRODUCTION, RAINFALL, INPUTS AND INVESTMENT TABLE 6 Selected Industrial Production Indicators

Factory Electricity Usage in Industry (GWT) (a) (d) Domestic Sales Selected Industry of Furnace Oil Industrial Period Production Small Medium Large in Industry Exports Index (c) Industry Industry Industry (’000 mt) (e) (US $ mn) (f)

2011 107.2 251.8 1,573.3 1,306.0 1,091.6 7,439.0 2012 (a) 108.8 272.0 1,628.0 1,385.0 1,181.7 6,908.2 2013 (b) 109.5 274.1 1,679.4 1,393.6 679.7 7,315.1

2012 (a) 2nd Quarter 106.3 67.3 395.2 338.8 304.4 1,623.8 3rd Quarter 108.1 70.8 406.5 351.8 295.9 1,700.0 4th Quarter 107.7 65.8 425.0 346.6 264.8 1,741.9

2013 (b) 1st Quarter 109.3 66.3 408.4 338.1 197.2 1,692.6 2nd Quarter 105.2 68.5 408.4 347.9 171.7 1,600.2 3rd Quarter 110.5 69.8 423.3 348.8 110.6 1,817.5 4th Quarter 112.9 69.5 439.4 358.8 200.2 2,200.0

2014 (b) 1st Quarter 113.9 68.5 417.2 354.2 280.3 2,010.5

2013 (b) April 97.4 23.8 130.2 113.2 69.3 473.2 May 108.0 20.8 138.0 117.2 64.3 543.6 June 110.4 24.0 140.2 117.5 38.2 583.4 July 112.5 22.3 141.7 115.7 21.8 590.4 August 110.0 23.6 140.8 116.0 38.7 620.1 September 109.0 23.9 140.8 117.1 50.1 607.0 October 115.9 23.2 143.2 117.9 65.9 741.2 November 112.9 23.6 150.5 119.7 50.7 747.2 December 110.0 22.8 145.7 121.1 83.6 711.6

2014 (b) January 110.0 22.1 135.9 119.0 104.9 658.4 February 109.4 22.5 138.0 116.7 82.1 607.0 March 122.2 23.9 143.3 118.5 93.3 745.1 April 98.6 24.7 130.1 111.7 67.9 527.3

(a) Revised Sources : Central Bank of Sri Lanka (b) Provisional Ceylon Electricity Board Ceylon Petroleum (c) Based on the monthly factory industry production survey and classified in accordance with the International Corporation Standard Industrial Classification (ISIC) Revision 4. (2010 = 100) Sri Lanka Customs (d) (1) Includes manufacturing and export processing industries. Small industry is defined as those units having supply of electricity at 400/230 volts and contract demand is less than 42 kVA, medium industry as supply of electricity at 400/230 volts and contract demand is equal or more than 42 kVA and large industry as supply of electricity at 11 kVA and above. (2) Figures include electricity consumption of hotels. (e) Sales other than to Ceylon Electricity Board. (f) Excluding Petroleum exports.

332 w Central Bank of Sri Lanka w Bulletin w May 2014 7 89.6 111.7 Metal 116.2 2010 = 100 133.6 131.6 135.1 149.1 100.7 122.5 134.3 131.1 137.5 136.8 138.6 136.5 141.8 135.7 134.5 134.7 146.8 134.6 132.6 152.6 135.5 Products Fabricated TABLE Central Bank of Sri Lanka 74.7 69.3 99.0 91.0 94.1 81.4 65.6 94.4 73.4 69.4 91.3 84.2 94.5 92.6 77.5 111.5 113.5 101.7 102.3 101.3 109.6 Basic Metal Products Source :

93.4 87.7 98.9 96.5 111.3 Other 117.9 117.5 110.2 116.7 112.0 113.9 108.6 103.7 125.6 103.2 108.4 118.2 106.5 109.9 104.6 108.7 100.8 100.8 104.4 Mineral Products Non-metallic Non-metallic (a) 97.4 80.3 111.3 118.1 116.9 118.2 112.1 115.7 95.9 116.9 117.0 123.5 125.0 148.3 121.5 100.1 120.7 98.9 126.7 125.0 125.9 122.5 132.6 Plastic Products Rubber and 77.0 67.7 79.1 72.6 70.2 79.6 77.6 74.1 67.5 116.6 75.9 56.0 86.5 120.3 64.0 73.1 114.8 79.8 77.1 135.3 80.6 91.2 84.3 81.4 Products Chemical Chemical and Chemical and 30.2 70.6 87.3 85.7 96.2 81.3 83.4 77.6 97.0 80.3 97.3 88.1 96.2 76.6 99.1 58.3 110.9 106.3 107.1 106.5 Refined Products Petroleum 95.4 116.1 119.1 97.1 69.6 114.4 112.5 118.5 128.2 138.6 144.5 126.5 86.1 125.5 71.6 128.9 38.0 66.4 133.4 134.4 65.3 68.6 135.3 136.8 133.0 134.7 140.4 137.5 Apparel Wearing 81.7 90.5 94.2 87.3 99.9 96.7 91.8 94.0 90.4 68.3 137.7 99.2 93.8 116.5 86.3 140.2 69.4 102.1 109.6 101.2 106.0 113.8 106.6 108.6 101.3 102.9 101.9 103.0 Tobacco Tobacco Products 98.7 93.0 98.2 99.9 94.6 92.1 99.0 112.4 110.2 113.0 128.3 107.4 102.4 101.8 105.1 106.8 108.3 102.0 106.9 108.9 100.1 Beverages Factory Industry Production Index of Major Industry Divisions Industry of Major Index Production Industry Factory 94.6 97.3 99.5 94.6 111.6 110.2 Food 101.0 109.3 108.5 108.5 105.3 108.8 106.8 103.1 102.6 104.8 104.9 103.6 102.6 100.4 Products 98.6 97.4 101.1 110.5 102.9 102.2 112.9 113.9 101.8 100.3 110.4 112.5 110.0 103.7 107.7 115.9 112.9 110.0 110.0 109.0 109.4 122.2 107.2 108.8 109.5 106.3 108.1 107.7 109.3 105.2 108.0 Index (FIPI) Overall Quarter Quarter Period April August September October November December January February March 3rd Quarter Quarter Quarter 3rd 4th 1st April May June July 3rd Quarter 2nd Quarter 3rd Quarter 4th 1st 2nd (c)

the International Standard Industrial Classification (ISIC) Revision 4. the International Standard Industrial Classification Based on the monthly factory industry production survey and classified in accordance with with accordance in classified and survey production industry factory monthly the on Based (a) (b) Revised (c) Provisional (c) 2014 (c) (c) 2014 2013 2013 (c) 2013 2012 (b) 2013 (b) 2011 2012 INVESTMENT AND INPUTS RAINFALL, PRODUCTION,

Central Bank of Sri Lankaw Bulletin w May 2014 w 333 8 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. TABLE Actual 450,913 476,490 as at end of Year as at end of Local Employment (No.) Local Employment : Board of Investment of Sri Lanka Source 49,372 83,720 28,008 63,022 51,984 81,359 65,684 69,656 72,249 78,937 79,017 91,094 26,815 (FOB) 733,666 822,180 177,205 241,674 192,358 191,201 182,716 206,589 145,917 768,286 202,235 (Rs. mn.) Export Earnings Export Earnings (a)(b) 2,111 2,111 2,110 2,017 2,121 6,207 2,281 2,073 2,257 2,136 2,057 2,096 2,096 6,269 6,498 2,097 2,096 2,099 2,084 2,074 2,131 2,086 2,060 16,668 No. of Units in No. of Units in as at end of the period as at end of the Commercial Operation Commercial 8,507 8,938 70,123 36,757 67,783 30,024 32,284 97,626 77,099 24,232 21,973 16,446 116,526 100,932 370,096 403,855 446,294 276,968 157,758 190,398 Agreements (Rs. mn) 9,285 5,260 8,839 1,130 4,901 6,921 15,115 42,830 19,001 40,055 52,793 68,223 17,807 18,883 8,058 Total Envisaged Investment Envisaged Total 264,063 206,661 128,400 183,822 41,677 123,185 Approvals 240 344 3,118 1,500 3,702 3,826 5,186 6,769 9,610 2,862 71,903 50,648 54,245 13,455 24,592 17,904 139,899 Agreements (Rs. mn) 3,496 6,468 49,775 15,165 9,871 8,767 3,220 4,066 11,052 27,419 28,240 69,820 60,435 13,610 20,610 35,080 20,327 450,091 297,848 238,489 686,708 462,148 272,667 495,205 282,359 317,728 194,051 162,444 239,590 193,525 246,326 183,837 186,942 209,309 Approvals Foreign Envisaged Investment Foreign Envisaged Investments, Exports and Employment in BOI Enterprises BOI in Employment Exports and Investments, 5 4,553 8 8 3,003 11 11 11 11 16 14 35 37 49 40 41 64,173 24 30 38 10 20 12 10 6,672 161 135 154 Agreements No. of Units 8 11 11 16 15 46 64 64 49 40 32 43 40 15 10 15 13 19 13 10 14 229 164 143 Approvals Quarter Quarter Period April August September October November 4th Quarter 2nd 3rd Quarter 4th 1st Quarter April 2nd Quarter 3rd 4th Quarter 1st Quarter January (d)

March Law. (a) Projects approved under Section 17 of the BOI (b) Includes expanded projects. (c) Revised (d) Provisional n.a. – Not available July December 2014 February 2014 (d) 2013 (d) May June 2012 (c) (d) 2012 2013 2012 (c) 2013 (d) 2011 2011 INVESTMENT AND INPUTS RAINFALL, PRODUCTION,

334 w Central Bank of Sri Lankaw Bulletin w May 2014 9 10 555 6,458 7,035 5,443 6,983 6,145 6,996 6,983 1,183 Public 1,393 1,912 2,737 6,788 6,990 6,843 6,788 1,547 1,841 2,032 2,729 2,749 5,228 2,356 6,781 6,284 4,289 6,440 4,014 6,478 7,542 1,355 2,163 2,630 Booths LPG (MT) Local 24,114 17,471 22,160 Payphone TABLE Production TABLE – – – – – – – – – – – – – – – – – – – – – – – – (a) Avtur 844,749 Ceylon Electricity Board Ceylon Petroleum Corporation Lanka IOC PLC Internet 1,145,587 1,365,655 1,086,000 1,238,022 1,365,655 2,011,600 2,011,600 2,011,600 1,504,240 1,475,626 1,693,513 3,132,286

Connections Sources : – – – – – – – – – – – – – – – – – – – – – – 7,056 7,056 Kerosene 111.68 116.95 110.60 113.53 116.95 105.07 Telecommunications Regulatory Commission of Sri Lanka Regulatory Commission of Sri Telecommunications 112.40 112.13 112.40 116.44 108.23 109.01

- including Cellular - including Cellular Telephone Density Density Telephone Diesel 81,013 95,841 77,998 345,598 431,620 116,632 116,632 123,423 129,507 132,614 124,879 141,070 153,925 363,708 476,494 276,459 372,669 300,081 495,790 142,988 180,246 161,618 Petroleum 1,746,066 1,312,917 1,433,998 Refined Products Imports (MT) (Telephones per 100 persons) per (Telephones Source : Petrol 44,591 40,941 35,036 47,341 80,542 93,996 41,348 49,261 61,466 45,588 39,806 54,587 57,235 116,376 106,082 522,625 624,957 180,932 165,208 141,543 172,474 130,008 173,288 481,834 Mobile Cellular 18,319,447 20,324,070 18,866,134 19,272,324 19,636,896 20,324,070 19,335,733 19,533,274 20,234,698 20,315,150 21,394,262 Telephones 20,315,150 – – 92,130 84,743 (MT) 413,048 136,757 139,823 231,031 140,905 264,403 230,055 170,353 182,457 314,798 378,988 482,177 545,131 401,384 548,232 181,817 183,958 Imports Crude Oil 1,486,399 1,743,490 2,069,549 998 982 966 972 989 989 920 17.29 16.97 17.79 16.88 16.93 16.97 2,933 2,965 1,024 1,008 1,017 1,039 1,000 13.21 13.83 13.65 13.34 13.21 13.03 2,997 2,960 2,959 2,988 3,010 2,987 1,068 Total 11,801 11,801 11,954 11,527 11,527 - Fixed lines Telephone Density Density Telephone (Telephones per 100 persons) per (Telephones Telecommunication Services Telecommunication 0.07 0.04 0.06 0.90 1.00 0.29 0.34 0.36 0.31 0.29 0.20 0.07 0.10 0.17 0.21 2.44 2.27 0.96 0.48 2.70 0.24 0.30 0.70 0.31 Wind Power 8.3 7.9 7.9 Electricity Generation and Petroleum Imports and Electricity Generation 46.0 77.0 32.1 41.7 41.5 29.0 35.6 24.5 13.5 12.2 13.0 16.6 41.7 31.1 26.3 82.1 45.9 NCRE 118.3 169.1 260.4 106.1 Phones 2,666,612 2,450,037 2,658,373 2,460,876 2,454,957 2,450,037 1,666,111 1,666,111 1,644,722 1,820,780 1,772,915 1,644,722 1,618,330 Units Generated (Gwh) Wireless Local Loop Wireless Local Fixed Access CDMA & Access CDMA Fixed Electricity 571 490 231 172 245 220 376 419 537 674 672 867 820 637 2,172 2,212 1,511 1,511 2,213 8,339 4,772 1,564 1,292 1,332 6,785 Thermal 714 675 420 500 694 794 742 716 639 555 438 313 235 184 161 732 Hydro 3,290 6,918 1,366 1,421 1,613 2,252 1,632 4,623 Wireline 941,780 999,354 958,038 969,636 985,762 999,354 Services 1,062,065 1,012,469 1,022,773 1,066,312 1,062,065 1,077,306 Telephones in in Telephones 3,348 3,362 3,139 3,170 (MW) 3,312 3,362 3,342 3,362 3,381 3,326 3,330 3,342 3,346 3,346 3,348 3,349 3,354 3,362 3,381 3,381 3,381 3,369 3,312 3,337 Installed Capacity Period 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr April May June July August September October November December January February March April 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter Period AND HOUSING TRANSPORTATION ENERGY, COMMUNICATION, 2014 (a) (a) Provisional 2014 (a) 2013 (a) 2011 2011 2012 2013 (a) 2012 (a) 2013 (a) 2013 (b) 2014 (b) connections (b) Provisional (a) Including mobile internet 2011 2012 2013 (b) 2012 (b) HOUSING AND TRANSPORTATION ENERGY, COMMUNICATION,

Central Bank of Sri Lankaw Bulletin w May 2014 w 335 11 6,311 6,311 2,113 2,386 2,198 2,120 2,318 6,557 6,159 6,293 6,945 6,431 2,075 2,160 2,319 2,344 2,216 2,232 2,510 6,554 7,061 2,377 25,621 25,165 26,224 Loaded MT ‘000 MT TABLE Total Cargo Total 3,400 3,242 3,653 3,441 9,862 9,953 9,752 9,600 3,188 3,371 3,588 3,385 3,344 3,248 3,323 3,886 3,668 10,129 10,142 10,147 10,650 39,448 39,802 40,019 MT ‘000 MT Discharged National Transport Commission National Transport Sri Lanka Transport Board Transport Sri Lanka Sri Lanka Railways Authority Sri Lanka Ports

Total 384,000 370,567 363,066 375,816 341,240 347,592 371,210 377,877 359,015 349,927 362,205 412,676 391,516 Sources : 1,055,464 1,068,975 1,035,316 1,041,712 1,120,892 1,083,560 1,060,042 1,150,697 4,262,887 4,187,120 4,306,206 6,854 5,029 4,332 5,898 4,107 5,062 5,535 5,886 7,333 7,008 6,685 6,000 8,095 66,112 66,112 35,291 23,812 20,818 14,966 20,073 16,369 14,704 18,583 92,173 102,098 Re-stowing Port Services (a) Port Services 283,015 284,106 268,645 282,164 256,649 258,085 277,364 284,020 269,549 254,844 277,491 316,160 775,152 795,641 770,800 771,840 836,584 807,595 299,976 792,098 875,815 Trans- shipment 3,208,117 3,208,117 3,123,828 3,064,767 Container Throughput (TEUs) Container 88,311 88,311 94,131 81,432 90,089 87,754 80,484 84,445 87,971 82,133 88,075 90,516 78,029 83,445 254,906 259,596 245,021 249,522 243,698 264,235 253,240 256,299 (Imp.+ Exp.) 1,046,886 1,020,255 1,031,977 Domestic 971 343 347 320 326 323 331 330 339 332 340 365 984 995 304 355 Ship No. of 1,007 1,028 1,052 1,007 1,014 4,332 4,134 3,976 Arrivals n.a. 9,316 (c) 9,668 (c) 36,146 32,682 30,846 (c) 11,847 11,847 11,566 11,053 11,053 11,020 11,549 11,120 (c) 11,862 31,242 32,906 10,220 39,801 40,770 29,082 10,609 12,750 154,210 142,438 132,976 Cargo Tonnes Cargo 486,567 549,457 632,768 570,454 528,609 519,636 480,413 604,189 508,978 538,239 530,245 553,577 536,483 1,599,733 1,408,521 1,720,464 1,256,589 1,377,348 1,362,954 1,528,657 1,654,276 4,574,192 5,039,447 6,257,376 Passenger Sri Lanka Railways Passenger Transportation and Port Operations and Transportation Passenger 887 936 908 950 869 946 949 929 n.a. 927 908 912 779 2,722 2,713 2,658 2,682 2,806 2,565 2,680 2,679 10,090 10,367 10,924 Operated

992,718 963,402 970,472 989,243 3,311,740 2,974,659 3,097,522 2,942,122 1,047,311 1,047,311 2,984,200 3,180,738 3,061,887 3,061,355 1,069,477 1,095,828 1,015,433 1,039,306 1,059,178 1,043,572 1,014,927 1,002,239 Passenger 13,384,685 16,333,282 12,201,484

Sri Lanka Transport Board Transport 29,812 27,029 28,119 28,119 84,351 83,762 88,074 87,505 86,423 28,614 29,960 29,597 28,517 29,628 28,422 29,455 29,781 26,830 28,069 82,493 86,674 84,916 kms.’000 kms.’000 kms.’000 kms.’000 kms.’000 Operated 340,841 337,830 343,692

January February March April 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter April May June July August September October November December 2nd Quarter 3rd Quarter 4th Quarter Period Ports of Colombo, Galle, Trincomalee and Magam Ruhunupura Mahinda Rajapaksa Port and South Asia Gateway Terminals Ltd. Terminals Asia Gateway and Magam Ruhunupura Mahinda Rajapaksa Port and South Trincomalee Ports of Colombo, Galle, HOUSING AND TRANSPORTATION ENERGY, COMMUNICATION, TEUs = Twenty-foot Equivalent Container Units Equivalent Twenty-foot TEUs = 2014 (b) (a) (b) Provisional (c) Estimates

2013 (b) 2014 (b) 2013 (b) 2011 2012 2013 (b) 2012 (b)

336 w Central Bank of Sri Lankaw Bulletin w May 2014 12 Total 24,382 81,514 81,393 27,981 27,070 28,181 23,381 27,462 95,015 81,550 83,202 82,881 29,253 27,915 27,774 28,922 79,018 29,376 25,731 79,024 28,151 326,651 525,421 397,295 TABLE 962 Other 1,914 Vehicles Department of Motor Traffic Department of Motor Source : 89 1,262 Vehicles 1,444 113 283 1,606 871 6,039 624 6,586 136 2,173 151 1,831 149 1,553 145 182 1,428 819 6,914 688 5,016 494 5,918 431 4,777 167 1,749 238 1,661 653 5,243 177 1,812 207 141 1,521 476 3,943 Other 2,266 20,954 3,121 22,041 3,442 26,836 Land 530 443 514 716 602 419 407 248 571 652 627 587 710 Hand 7,335 Tractors Land Vehicles 99 76 1,428 411 260 712 1,544 862 2,053 234 265 298 187 125 831 1,985 358 414 346 213 218 1,121 2,431 1,491 2,848 6,649 13,424 6,221 12,229 3,437 1,746 2,806 1,032 1,753 Tractors 6 24 32 17 29 41 97 28 75 83 63 85 91 33 37 14 19 678 591 225 295 148 166 Others 1,148 340 422 377 334 312 270 292 227 874 401 343 335 343 372 Goods Transport 2,910 2,077 1,465 1,258 1,084 1,142 1,041 4,525 12,446 10,445 Lorries Motor Cycles 11,974 13,866 14,234 15,169 16,569 13,990 16,195 17,453 50,531 37,025 37,570 40,214 41,724 42,153 45,189 46,754 14,757 14,993 15,982 14,053 14,038 253,331 192,284 169,280 326 369 304 264 252 236 236 173 835 724 424 404 323 417 248 Duel 4,405 3,298 2,196 1,658 1,326 1,154 1,090 11,704 12,701 New Registration of Motor Vehicles Motor of New Registration Purposes 5,911 6,658 6,954 6,661 6,456 5,944 5,148 6,292 6,809 8,143 6,713 6,847 7,356 Three 83,673 15,548 24,042 23,962 21,974 21,514 20,971 19,214 17,384 98,815 138,426 Wheelers Passenger Transport Cars 2,911 1,893 Motor 98 2,283 153 3,199 130 2,586 172 2,779 129 2,424 170 2,402 122 240 2,037 174 2,405 419 8,696 464 7,930 532 6,332 178 2,414 170 2,294 136 828 9,390 633 5,004 450 4,656 476 4,763 446 6,991 163 2,727 1,805 28,380 4,248 57,886 3,095 31,546 Buses April August September November December January February March Quarter Quarter Quarter 3rd 4th 1st April May June July 2nd Quarter Quarter Quarter 2nd Quarter 3rd Quarter 4th 1st 2nd October Period

HOUSING AND TRANSPORTATION ENERGY, COMMUNICATION, (a) Provisional (a) 2014 2014 (a) (a) 2014 2013 2013 (a) (a) 2013 2012 (a) 2013 2011 2011 2012

Central Bank of Sri Lankaw Bulletin w May 2014 w 337 13 96.5 97.1 97.8 94.0 99.7 119.5 119.6 Index (1995 = 100) TABLE All Buildings No. 2,686 89.3 2,651 88.2 Central Bank of Sri Lanka 12,184 12,257 12,695 100.5 Source : 76.8 72.1 72.2 71.1 2,942 88.8 3,593 106.3 77.2 3,196 77.0 3,595 72.1 3,218 107.0 62.9 2,828 77.2 3,290 109.4 66.1 3,087 102.7 75.2 2,998 78.8 3,052 101.5 Index 355 443 385 384 360 314 385 330 375 296 59.3 393 342 68.5 No. Other Building Approvals Other Building All 112.1 114.0 115.8 (a) 158.9 95.3 143.9 92.1 sq. ft. > 2,000

101.7 1,422 99.8 179.4 98.4 186.9 106.0 193.9 110.7 204.4 110.7 sq. ft. Housing Approval Index Housing 1,000–2,000 166.8 103.1 41.1 104.1 208.0 125.6 47.5 125.0 183.7 47.6 108.8 213.4 128.0 48.5 126.3 41.6 33.2 102.7 167.2 100.2 37.5 43.0 106.7 184.1 109.9 169.8 104.6 41.1 105.4 166.3 100.1 1,515 37.1 103.3 34.4 181.1 105.8 1,425 39.2 105.0 38.2 sq. ft. < 1,000

Total 2,811 3,211 94.4 2,390 35.6 98.7 2,309 34.2 11,270 10,669 10,835 Greater Colombo Housing Approval Index Approval Housing Colombo Greater 1,190 1,078 sq. ft. > 2,000 921 963 960 1,400 2,659 sq. ft. No. of Housing Approvals No. of Housing 1,000–2,000

337 1,041 1,379 2,757 1,558 3,150 372 1,220 1,376 373 1,062 279 1,598 380 1,233 326 1,080 1,452 2,858 260 1,002 1,252 2,514 294 1,080 1,531 2,905 1,249 2,587 322 1,016 268 1,272 2,623 322 1,029 299 5,157 1,284 4,228 5,616 1,358 4,296 5,562 1,190 4,083 sq. ft. < 1,000

Quarter Quarter Period 4th Quarter 4th 1st Quarter Quarter Quarter Quarter 1st 2nd 3rd Quarter 4th Quarter 2nd 3rd 1st Quarter 1st 2nd Quarter 1st Quarter 1st

7 Urban Councils (Wattala-Mabole, Peliyagoda, Panadura, Horana, Kesbewa, Maharagama and Boralesgamuwa) and 7 Urban Councils (Wattala-Mabole, Horana, Panadura Attanagalla,Wattala-Mabole, 8 Pradesheeya Sabhas (Homagama, Kotikawatta-Mulleriyawa, Kelaniya, and Mahara). Includes 5 Municipal Councils (Colombo, Dehiwala-Mount Sri Jayawardenepura, Lavinia, Moratuwa and Kaduwela), HOUSING AND TRANSPORTATION ENERGY, COMMUNICATION, (a) 2012 2013 2011 2012 2013 2011 3rd 4th

338 w Central Bank of Sri Lankaw Bulletin w May 2014 PRICES AND WAGES TABLE 14

Colombo Consumers’ Price Index (CCPI)(a) Base 2006/07 = 100

Commodities and Weights

Period (b) All Items Food and Non-Alcoholic Beverages Clothing and Footwear Housing, Water, Gas and Electricity, Other Fuels Furnishing, H/H Equip- ment and Routine Maintenance of the House Health Transport Communication Recreation and Culture Education Miscellaneous Goods and Services

Weights (100%) (46.7%) (3.1%) (18.3%) (3.2%) (4.2%) (9.5%) (4.4%) (2.2%) (5.8%) (2.6%)

2011 Average 151.5 172.7 147.6 124.4 133.8 240.3 149.6 90.3 139.0 140.6 131.1 2012 ” 162.9 180.9 162.1 136.4 142.7 247.5 181.9 90.3 144.6 141.2 136.5 2013 ” 174.2 195.2 170.8 151.0 148.5 251.7 190.2 90.3 150.4 142.6 142.2

2012 2nd Quarter 162.4 178.7 160.4 137.3 141.7 244.8 185.2 90.3 144.5 141.1 135.7 3rd Quarter 166.0 186.1 163.6 137.8 144.0 249.9 185.3 90.3 144.6 141.2 137.1 4th Quarter 166.9 186.6 167.1 139.2 146.3 250.5 186.2 90.3 146.2 141.9 138.9

2013 1st Quarter 170.5 193.2 170.6 140.5 147.7 251.1 188.8 90.3 146.2 141.9 140.4 2nd Quarter 173.5 193.6 171.3 151.3 148.5 251.4 189.7 90.3 149.9 142.3 142.3 3rd Quarter 176.3 197.0 170.9 156.0 148.9 251.9 190.7 90.3 152.2 142.9 142.9 4th Quarter 176.4 196.8 170.3 156.1 148.9 252.3 191.8 90.3 153.4 143.2 143.3

2014 1st Quarter 177.7 195.4 170.7 156.2 150.8 272.6 199.4 93.8 153.5 143.2 144.7

2013 April 170.0 190.7 171.5 141.9 148.2 251.3 189.7 90.3 147.0 142.1 141.9 May 173.9 191.9 171.6 156.0 148.3 251.3 189.7 90.3 150.9 142.4 142.4 June 176.5 198.1 170.7 156.0 148.9 251.6 189.7 90.3 151.7 142.4 142.5 July 176.8 198.4 171.0 156.0 148.9 251.6 190.6 90.3 151.7 142.4 142.6 August 176.2 196.8 171.1 156.0 148.8 251.8 190.6 90.3 151.7 143.2 143.0 September 175.8 195.9 170.6 156.1 148.9 252.2 190.8 90.3 153.2 143.2 143.1 October 176.1 196.5 170.3 156.1 148.8 252.2 190.8 90.3 153.2 143.2 143.2 November 176.5 197.0 170.3 156.1 148.9 252.3 191.8 90.3 153.5 143.2 143.3 December 176.5 196.8 170.4 156.2 148.9 252.3 192.9 90.3 153.5 143.2 143.5

2014 January 177.5 195.1 170.6 156.3 150.0 272.4 199.3 93.8 153.5 143.2 143.8 February 177.8 195.5 170.7 156.2 151.2 272.6 199.5 93.8 153.5 143.2 144.6 March 177.9 195.7 170.8 156.2 151.2 272.8 199.5 93.8 153.6 143.3 145.7 April 178.4 197.1 170.9 156.2 151.2 273.0 199.5 93.8 153.6 143.3 146.0

Source : Department of Census and Statistics (a) The index was based on Household Income and Expenditure Survey conducted in 2006/07. The weights are based on the consumption pattern of the urban households within the Colombo district. The total basket value (at 2006/07 prices) was Rs. 27,972.11 (b) Annual and quarterly figures are averages of monthly figures.

Central Bank of Sri Lanka w Bulletin w May 2014 w 339 Investment (4.2) 5,067.7 5,559.4 5,216.0 4,452.4 5,171.2 5,633.5 5,778.0 5,822.2 5,726.5 5,790.2 5,817.3 5,817.2 5,817.3 5,813.3 5,849.9 5,813.3 5,821.2 5,822.2 5,822.2 5,822.2 5,917.7 5,763.9 5,815.9 5,828.1

1974 = 100 Intermediate TABLE TABLE 15

No. II

5,898.7 5,713.5 5,731.7 (20.5) 5,179.8 5,698.1 5,734.5 5,822.6 5,588.0 5,782.5 5,852.9 5,832.4 5,939.8 5,912.5 5,894.5 5,766.3 5,732.5 5,721.3 5,617.0 5,579.3 5,567.6 5,532.7 5,803.2 5,915.6 5,740.0 Consumer Central Bank of Sri Lanka

(75.3)

4,311.0 4,061.6 4,122.9 4,060.3 4,079.5 4,433.0 4,590.6 4,798.9 4,665.2 4,565.2 4,541.5 4,551.5 4,471.3 4,560.5 4,653.0 4,693.3 4,757.9 4,784.6 4,782.8 4,829.1 4,878.3 4,563.2 4,527.8 4,701.4 Exports Source:

7,671.8 7,781.7 7,472.8 (22.5) 8,173.3 7,545.9 7,966.9 8,414.9 8,954.2 8,770.9 8,445.8 8,028.1 8,170.1 8,143.1 8,396.9 8,668.5 8,710.7 8,965.3 8,988.2 8,902.1 8,972.2 8,848.0 8,350.0 8,236.7 8,781.5 SECTOR - WISE SECTOR Imports

No. I (27.2)

4,515.6 4,605.0 4,591.8 3,634.7 4,449.4 4,752.2 4,753.5 4,728.3 4,796.0 4,741.6 4,722.9 4,738.1 4,718.2 4,739.6 4,682.4 4,728.2 4,662.5 4,694.1 4,713.9 4,777.0 4,792.8 4,732.2 4,732.0 4,691.0 Domestic 3,116.4 3,032.6 3,273.9 (50.3)

2,938.1 3,078.3 3,308.6 3,391.4 3,383.2 3,300.0 3,359.2 3,514.8 3,501.9 3,393.5 3,394.1 3,392.7 3,392.5 3,406.8 3,377.0 3,386.8 3,385.8 3,500.2 3,381.8 3,429.8 3,397.3

Miscellaneous 9,569.4 9,788.0

9,976.5 9,320.4 9,299.0 8,151.4 9,335.8 9,340.5 9,220.8 9,639.9 9,592.6 9,525.3 9,063.5 8,918.6 8,756.6 8,288.6 8,173.0 7,992.5 8,065.1 9,279.6 9,585.9 8,912.9

10,438.4 11,492.0 11,492.0 Fuel & Light & Fuel (1.8) (4.8)

5,278.7 5,529.8 5,578.3 5,390.1 5,682.3 6,258.3 6,986.8 5,795.9 6,439.9 6,538.9 6,656.5 6,749.8 6,789.5 7,004.0 7,004.0 6,757.2 6,884.2 7,202.2 6,873.9 7,469.2 5,412.8 6,731.9 6,921.7 6,398.6 Machinery (1.3)

1,432.6 1,545.5 1,455.4

1,338.7 1,570.9 1,577.0 1,577.0 1,577.0 1,577.0 1,577.0 1,577.0 1,577.0 1,577.0 1,577.0 1,577.0 1,577.0 1,577.0 1,577.0 1,577.0 1,577.3 1,451.5 1,577.0 1,577.0 1,575.5 Supplies

Appliances & & Appliances Electrical Electrical (1.0)

1,653.0 1,655.9 1,655.3 1,639.1 1,655.9 1,655.9 1,646.5 1,655.9 1,655.9 1,655.9 1,656.0 1,656.0 1,656.0 1,656.0 1,656.0 1,656.0 1,646.5 1,646.5 1,646.5 1,574.6 1,652.8 1,656.0 1,656.0 1,656.0

Equipment Transport (0.8)

3,384.1 3,387.9 3,387.5 3,027.2 3,387.9 3,388.0 3,424.1 3,387.9 3,387.9 3,388.3 3,388.3 3,388.3 3,388.3 3,388.3 3,388.3 3,388.3 3,388.3 3,388.3 3,495.8 3,495.8 3,340.6 3,388.3 3,388.3 3,388.1

Products Metal (0.9)

1,634.2 1,634.2 1,634.2 1,446.6 1,636.5 1,641.0 1,640.9 1,641.0 1,641.0 1,641.0 1,640.9 1,641.0 1,641.0 1,641.0 1,641.0 1,641.0 1,641.0 1,640.8 1,640.8 1,640.8 1,607.9 1,640.9 1,641.0 1,639.9

roducts P Non-metallic 9,964.0

8,716.9

11,021.8 10,286.1 Wholesale Price Index Wholesale 11,173.3 11,173.3 11,505.1 11,612.9 11,384.3 11,533.9 11,597.0 11,597.0 11,597.0 11,587.5 11,673.5 11,587.5 11,601.6 11,601.6 11,618.5 11,618.5 11,842.7 11,593.8 11,593.8 11,620.9 11,473.3 11,473.3 10,204.8

Products Petroleum 9,997.3 9,997.3

6,946.6 9,751.5

10,129.9

10,324.7 10,391.3 10,391.3 10,391.3 10,391.3 10,391.3 10,391.3 10,391.3 10,391.3 10,391.3 10,391.3 10,391.3 10,391.3 10,391.3 10,391.3 10,391.3 10,391.3 10,391.3 10,374.7

COMMODITY - WISE COMMODITY Products Chemical Chemicals & Chemicals (5.2) (6.4) (1.8)

1,659.7 1,731.8 1,691.8 1,728.8 1,729.8 1,749.4 1,729.8 1,729.8 1,729.8 1,729.7 1,729.7 1,729.7 1,729.7 1,729.7 1,747.4 1,748.1 1,748.1 1,751.9 1,739.7 1,681.6 1,674.7 1,729.7 1,735.6 1,731.0

Products Paper (1.4)

1,205.8 1,258.9 1,258.9 1,258.9 1,358.3 1,358.3 1,358.3 1,358.3 1,358.3 1,358.3 1,358.3 1,358.3 1,358.3 1,358.3 1,358.3 1,358.3 1,358.3 1,358.3 1,360.6 1,156.9 1,225.5 1,358.3 1,358.3 1,333.5

Footwear Textile & Textile (4.0) 949.1 974.8 934.8 976.0

1,034.1 1,066.8 1,066.8 1,066.8 1,066.8 1,066.8 1,066.8 1,066.8 1,059.4 1,061.8 1,066.8 1,061.8 1,061.8 1,061.8 1,066.8 1,066.8 1,066.8 1,066.8 1,066.8 1,063.7

Drinks Alcoholic

6,111.6

5,989.4 6,459.4 6,923.1 7,061.1 7,075.0 7,070.7 7,079.3 7,028.3 7,002.1 6,665.7 6,688.7 7,059.4 6,694.5 6,673.0 6,698.7 6,766.8 6,731.6 6,728.5 5,109.3 6,026.9 6,742.3 7,019.7 6,779.1 Food

(67.8) (2.9)

3,951.6 3,997.1 4,183.5 4,528.1 4,567.0 4,651.4 4,679.5 4,665.1 4,734.9 4,761.1 4,310.5 4,489.1 4,693.2 4,569.1 4,462.9 4,435.1 4,443.0 4,348.0 4,445.4 3,985.2 3,958.9 4,412.1 4,582.2 4,448.5 All Items All (100.0) 4,480.7 4,498.8 4,651.1 4,866.5 4,961.7 4,931.6 4,953.5 5,000.1 4,998.9 4,989.8 5,022.2 5,056.1 4,750.3 4,893.1 5,003.6 4,938.9 4,880.7 4,859.8 4,889.4 4,823.4 4,886.7 4,306.5 4,457.3 4,867.9 ” October November December January February March April Quarter 2nd Quarter 3rd Quarter 4th 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter April May June July August September Average Period (a) Annual and quarterly figures are averages of monthly figures. Annual and quarterly figures are averages of monthly (a) (b) Provisional. 2014 (b) 2014 (b) 2013 (b) 2012 2013 (b) Weights 2011 2012 2013 (b) PRICES PRICES AND WAGES

340 w Central Bank of Sri Lankaw Bulletin w May 2014 Fish Rs. per kg 352.09 407.67 392.17 384.83 422.33 410.00 442.00 415.00 396.03 427.13 380.00 363.33 373.20 395.00 350.00 359.60 345.00 415.00 360.00 385.00 385.93 360.00 440.00 422.50 Kelawalla TABLE 16 TABLE nut) 28.00 Central Bank of Sri Lanka 38.00 36.00 42.03 39.77 35.50 41.80 41.80 42.50 39.80 38.00 37.66 34.50 41.50 37.90 Coconut (per Source : Dried Chillies 240.25 34.72 179.74 25.95 177.58 32.03 188.23 35.93 179.68 36.69 183.50 37.00 170.30 37.20 185.25 35.88 176.48 170.29 27.18 163.30 165.50 174.57 184.77 166.00 170.40 173.30 180.00 188.30 183.00 177.00 167.20 183.00 172.50 96.17 90.90 82.70 77.50 85.60 96.81 85.00 111.88 103.99 Potatoes 115.00 115.00 118.80 117.00 117.00 113.10 107.63 107.60 104.00 100.00 (Nuwara-Eliya) n.a. Big 64.48 46.67 38.70 45.80 74.89 93.00 90.17 84.00 45.00 76.50 55.50 58.20 Onions 102.00 149.00 Red 86.97 75.00 60.00 65.00 67.50 Onions 55.75 70.13 117.50 85.00 170.46 56.93 187.00 53.40 73.00 95.64 128.79 52.92 123.03 94.37 206.88 61.63 147.40 138.33 180.87 142.00 136.00 137.00 169.00 193.00 180.60 100.00 41.86 25.17 34.00 38.80 33.00 21.50 21.50 32.50 37.49 36.37 33.10 36.30 35.00 31.30 40.00 Pumpkins 71.87 46.93 80.00 58.80 64.00 47.00 47.50 46.30 67.83 63.77 47.17 52.50 37.50 40.00 55.00 91.29 67.26 97.89 100.94 41.82 Tomatoes 51.05 29.67 94.00 60.00 46.00 30.00 29.00 30.00 64.16 77.17 36.80 77.50 33.80 30.60 32.50 Cabbages Beans 75.67 95.00 82.50 96.00 77.00 72.50 77.50 94.17 85.00 77.50 40.00 112.50 41.18 117.29 84.09 36.83 123.87 59.79 103.78 64.08 43.00 137.50 74.33 65.52 87.02 89.89 45.00 99.95 135.17 68.50 115.00 115.00 107.15 103.27 105.00 108.80 105.00 Wholesale Prices of Selected Food Items at Pettah Market Items at Pettah Food Selected Prices of Wholesale Rice 50.51 60.00 53.67 58.43 52.30 50.00 50.90 52.00 54.40 54.60 56.50 59.80 59.00 52.36 51.07 Kekulu

Rice

67.97 70.00 37.50 64.63 50.75 82.50 67.50 64.00 29.00 68.30 52.70 93.00 70.00 66.25 52.00 63.32 51.67 65.61 48.33 61.00 64.36 92.22 91.92 50.98 67.58 66.52 50.16 69.40 53.96 67.13 52.89 35.50 96.00 74.17 70.50 66.39 51.82 64.47 62.39 46.14 75.90 71.30 65.50 63.90 64.00 66.40 67.50 70.00 70.20 71.40 72.30 66.49 Samba

” ” April 4th Quarter 1st Quarter April May June July August September October November December January February March Average Quarter Quarter Quarter 3rd Quarter 4th 1st 2nd 3rd Quarter 2nd Quarter 2nd Period (a)

and quarterly figures are averages of monthly figures. Annual (a) (b) Provisional 2014 (b) (b) 2014 (b) 2013 2013 (b) 2012 (b) 2013 2011 2012 PRICES AND AND PRICES WAGES

Central Bank of Sri Lankaw Bulletin w May 2014 w 341 Rupees 29.62 40.13 29.34 37.53 40.04 44.05 43.28 40.32 39.43 38.51 38.26 39.92 42.70 44.35 45.09 44.60 43.17 36.72 32.26 38.90 40.37 (per nut) Coconuts TABLE 17 TABLE Central Bank of Sri Lanka 227.73 42.08 227.72 41.48 231.48 228.20 223.43 225.43 27.84 234.64 231.87 221.64 225.15 232.76 228.75 228.36 223.38 222.25 222.31 221.71 220.89 221.98 225.73 275.19 227.02 224.66 234.10 (per kg) Source : Dried Chillies 111.27 107.00 170.38 143.57 160.32 201.14 105.83 155.40 194.33 188.80 174.52 166.16 177.54 218.43 207.46 125.24 102.60 150.15 122.33 176.49 131.24 (per kg) Red Onions

Retail Prices Raw 62.19 89.64 64.80 97.44 53.37 52.91 91.28 56.77 61.10 66.90 70.32 58.20 57.80 60.97 65.49 Ordinary Rice (per kg) 72.83 63.69 59.20 75.39 65.88 61.92 75.63 78.57 55.54 69.80 60.06 54.85 69.75 59.52 70.03 60.69 55.97 70.20 59.66 55.03 69.21 59.71 54.95 68.28 59.47 54.80 68.05 59.00 54.52 68.50 58.73 54.32 69.33 59.57 54.72 69.90 60.67 55.89 70.87 61.82 57.31 54.65 68.65 58.68 68.09 50.33 67.28 56.20 67.61 56.08 68.86 60.45 71.15 54.55 68.28 59.07 74.62 69.84 59.20 54.57 Samba

30,113.99 35,941.86 34,274.19 32,930.11 32,005.26 31,089.71 30,323.47 34,700.08 30,078.65 30,329.27 29,236.30 29,461.11 31,644.57 33,450.00 34,726.32 35,923.91 28,901.33 22,909.71 22,305.89 21,190.79 25,501.37 29,221.31 34,382.05 30,562.50 Coconuts (per 1,000 nuts) 184.80 181.79 186.67 182.88 183.41 187.39 183.47 180.04 187.64 187.17 186.77 185.17 178.46 177.21 180.00 182.90 216.35 180.52 173.84 175.96 179.57 182.75 184.42 187.36 (per kg) Dried Chillies Producer Prices 76.29 92.51 67.06 72.62 75.61 85.65 79.62 77.82 Average Producer and Retail Prices of Selected Food Items Food of Selected Retail Prices Producer and Average (per kg) 110.83 118.44 104.29 120.29 124.00 120.50 120.35 137.47 147.58 109.89 100.32 135.13 102.85 Red Onions

727.69 746.70 715.91 58.29 762.25 61.76 660.86 651.08 614.74 616.92 650.29 679.74 704.07 623.27 623.99 660.33 577.99 640.25 57.41 694.33 682.21 653.51 627.58 678.03 730.10 642.95 656.73 Paddy (per bushel)

Quarter ” ” Period (a) January February March April June July August September October November December 2nd Quarter Quarter Quarter 1st Quarter 2nd 3rd 4th 1st Quarter April May Average Quarter Quarter 2nd 3rd 4th 2014 (b) 2014 figures are averages of monthly figures. Annual and quarterly (a) (b) Provisional

2013 (b) (b) 2014 (b) 2013 2013 (b) 2011 2012 2013 2012 Wages and Prices

342 w Central Bank of Sri Lankaw Bulletin w May 2014 Chicken 308.82 320.82 321.86 337.36 343.37 342.84 342.13 342.78

308.37 315.31 317.77 328.30 313.82 333.48 307.90 321.69 334.79 336.63 322.38 341.52 334.89 334.89 324.35 326.75

Rs. per kg Poultry (each) Egg Products

13.40 12.38 12.36 15.20 15.16 14.16 15.40 14.91 15.93 15.91 15.68 15.99 15.84 15.69 15.63 12.53 15.15 15.22 15.27 14.85 15.13 15.13 15.05 13.32

TABLE 18 TABLE Pineapple 51.11 51.11 53.13 54.62 50.57 57.19 52.77 52.06 49.82 60.59 54.93 54.47 51.00 50.27 56.25 57.33 62.51 Central Bank of Sri Lanka

Fruits Papaw 34.79 60.07 35.06 58.04 37.24 59.30 42.13 59.06 42.74 58.44 34.52 53.00 33.79 53.76 37.02 55.07 34.08 33.59 36.15 40.68 34.61 39.75 31.56 45.23 38.45 40.08 34.55 39.84 40.66 38.71 33.38 34.96

Source : Banana / Ambul / Banana

34.11 29.69 28.20 30.77 35.90 36.70 33.24 32.38 29.70 29.44 27.71 32.43 28.95 31.73 30.66 30.76 34.05 33.31 32.90 33.69 34.50 34.88 33.16 33.38 Salaya

99.07 98.46 95.12 97.74 94.57 88.27 111.59

115.45 104.05 105.15 108.57 126.18 111.25 111.25 102.93 100.67 107.69 100.89 106.51 107.71 108.25 103.64 100.20 Hurulla

180.69 85.89 224.33 206.92 96.62 214.63 246.64 221.90 242.68 275.33 211.43 211.43 223.89 208.52 210.00 223.93 214.14 207.07 202.51 212.29 200.23 187.64 206.76 182.50 179.13 176.73 178.35 Mullet

309.61 365.27 384.24 383.09 393.61 377.40 401.19 402.25

311.33 311.33 352.27 347.00 352.42 383.21 350.56 370.95 348.28 356.19 372.46 370.94 342.18 376.25 365.63 366.92 356.41 Sea Fish Kelawalla

350.57 451.12 458.09 435.44 485.81 420.45 480.50 556.47 442.05 406.73 420.40 471.09 423.06 430.79 362.50 423.33 407.49 436.94 431.03 395.49 423.81 438.50 400.63 376.30 Seer Fish Seer

604.57 595.99 669.35 637.62 666.67 703.75 545.88 667.08 602.39 617.27 631.36 661.00 617.01 632.94 562.50 656.32 575.82 646.57 632.28 617.58 653.68 610.22 633.91 595.12 Potatoes

70.46 65.00 68.53 92.50 68.00 98.43 90.45 77.10 83.57 97.10 89.77 95.21 90.77 80.42 80.67

105.31 Beetroot

43.04 41.00 35.78 47.30 39.94 73.19 38.41 41.92 59.55 60.70 51.90 40.02 50.50 32.00 39.72 74.99 Tomatoes

39.20 42.17 39.00 40.19 40.12 70.67 49.04 36.33 52.37 56.90 55.92 49.20 45.18 51.92 62.22 54.53 Leeks

42.74 44.62 40.74 45.67 42.70 91.65 42.77 43.28 66.41 69.70 73.18 46.23 77.73 50.15 52.65 78.88 Carrot

51.43 49.14 45.37 60.35 48.65 47.55 51.84 72.26 79.83 87.02 51.18 89.29 55.95 54.16

100.09 88.76 70.51 87.08 79.84 115.82 115.82 105.02 Cabbaages

37.11 37.11 20.43 22.50 19.08 24.45 20.67 60.03 25.69 20.00 40.20 43.67 50.49 27.86 54.32 37.88 55.72 Green Beans Green

63.46 54.00 49.67 76.83 55.71 81.54 80.27 87.50 74.72 77.05 77.04 78.80 89.58 60.00 68.64

103.47 Mukunuwenna 48.05 49.22 51.02 49.68 49.43 47.92 47.41 48.50 44.79 47.48 44.40 47.79 47.58 48.74 46.70 46.82

Vegetables Limes

84.83 57.12 50.56 67.51 64.17 86.24

228.23 127.40 101.14 123.37 194.93 141.96 218.17 109.80 229.83 298.88 Brinjals

34.24 35.29 31.37 38.73 38.78 28.63 49.67 44.09 44.23 59.76 34.51 35.38 31.29 36.10 35.34 36.86 Bitter Gourd Bitter

58.51 59.62 65.71 68.66 58.89 65.69 81.93 59.97 59.09 64.42 61.04 62.84 56.03 66.29 67.04 59.13 Ladies Fingers Ladies

37.11 37.11 36.49 36.64 34.89 40.37 36.40 40.49 51.61 39.78 36.75 37.22 41.51 39.90 37.93 42.09 44.10 Long Beans Long

49.42 49.38 46.92 41.51 45.41 41.31 47.49 65.13 48.95 48.57 42.74 48.02 50.57 48.26 49.26 51.45 Wetakolu 44.21 43.16 43.07 45.70 48.64 43.08 48.01 51.36 46.43 43.48 45.81 47.75 47.93 43.60 45.31 49.19

Average Producer Prices of Selected Varieties of Vegetables, Sea Fish, Fruits and Poultry Products Poultry and Fruits Sea Fish, Vegetables, of Varieties Selected of Producer Prices Average Plantains Ash 44.81 51.00 35.92 70.00 59.41 46.82 55.70 64.31 37.49 42.08 43.47 38.79 60.19 38.37 54.04 48.08 61.82 39.04 78.47 64.61 49.43 62.91 54.58 35.53 43.65 46.21 41.49 61.46 36.13 62.87 48.98 77.67 55.42 94.65 87.89 59.69 72.83 83.88 38.63 50.49 48.56 46.85 70.02 42.91 71.47 59.25 70.92 59.28 57.78 82.05 62.32 40.88 56.54 45.39 71.76 34.48 33.09 46.50 48.54 45.40 74.76 72.02 58.66 57.15 76.85 64.61 43.55 97.95 44.91 70.36 40.86 33.61 44.95 48.30 38.33 47.28 88.84 52.90 45.99 61.46 62.21 57.48 85.23 69.04 70.57 47.29 63.49 43.46 81.04 70.64 51.98 63.81 67.59 37.22 45.41 46.08 42.38 63.89 39.13 62.79 36.62 35.37 68.76 54.43 58.89 61.02 78.51 65.32 56.13 84.91 43.34 96.68 42.93 39.64 46.80 53.93 42.69 34.98 35.69 35.61 34.80 35.63 34.75 33.24 35.70 40.59 34.54 38.56 36.74 34.57 38.80

” ” October November December January February March April 1st Quarter April May June July August September 2nd Quarter 2nd Quarter 3rd 4th Quarter Quarter 1st Quarter 2nd 3rd Quarter 4th Quarter Average Period

(a) Provisional. 2014 (a) 2014 (a) (a) 2013 2012 (a) 2013 2011 2012 2013 (a) WAGES AND PRICES

Central Bank of Sri Lankaw Bulletin w May 2014 w 343 Salaya 211.71

161.53 178.97 193.63 190.20 180.71 179.66 177.97 186.59 170.45 164.76 180.25 178.02 163.97 166.18 164.76 183.18 170.81 170.86 156.66 188.61 164.57 198.98 177.17

Rs. per kg Hurulla TABLE 19 TABLE

342.11

285.09 321.50 338.77 318.18 317.83 321.57 366.05 311.86 311.86 325.11 325.11 342.11 342.11 323.77 308.61 286.52 309.45 301.81 298.04 306.03 310.71 321.97 302.82 302.65 306.85 314.78 Sea Fish Mullet Central Bank of Sri Lanka

458.10 523.09 507.82 513.66 509.91 508.63 499.37 547.80 514.45 505.14 482.20 506.75 498.70 502.44 512.32 514.88 514.73 513.39 519.76 502.09 538.07 503.74 510.31 499.61 Kelawalla Source : 586.70 701.43 662.30 694.26 687.94 673.15 671.55 747.72 664.11 664.11 671.65 685.03 636.04 671.65 666.07 661.90 692.31 684.57 700.40 680.64 676.99 671.00 687.66 664.87 680.58

Seer Fish Seer 836.44 995.08 965.91 979.33 940.65 917.08 977.21 998.64 972.22 991.08 959.16

1037.39

1,037.22 1,029.39 1,033.96 1,016.61 1,008.48 1,009.78 1,020.80 1,001.61 1,079.86 1,055.80 1,001.41 1,008.83 Potatoes 81.25 76.38 70.43 72.63 83.73 80.68 86.07 88.68

93.67 98.08 98.40 84.30 78.47 98.35 90.13 98.49 96.85 84.49 83.33 82.42

115.62 115.62 100.55 100.84 104.95 Beetroot 96.29 99.86 73.11 73.11 85.24 71.26 68.58 72.72 78.04 83.76 77.24 81.75 99.90 88.61 71.09 77.36 103.93 109.94 109.67 127.94 123.87 105.86 120.00 109.34 107.92

Up-Country Tomatoes 92.98 78.87 89.17

81.39 91.99 96.62 80.38 67.17 71.17 67.95 72.49 83.67 97.50 96.24 96.47 64.70 67.94 119.15 110.90 113.74

102.72 106.69 113.74 113.74 101.37 Leeks 96.97

86.11 86.11 91.77 94.82 90.56 89.92 90.78 86.50 90.81 81.04 119.02

122.04 108.24 120.37 132.70 137.50 120.74 117.92 117.92 115.90 117.09 117.57 132.14 101.21 124.76 Carrot

90.11 90.11 97.56 94.50 95.08 97.13 99.15 94.25 110.06

124.76 135.61 122.55 131.20 126.99 156.66 153.07 158.64 137.00 109.39 100.46 107.74 131.21 135.01 131.86 160.14 Cabbaages 85.71 72.28 77.33 85.53 83.35 97.69

68.90 59.02 94.86 80.80 75.04 68.07 63.58 60.94 58.88 57.25 63.95 87.12 93.21 86.43

103.18 103.98 104.66 Green Beans Green 88.98

97.32 94.68 92.59 88.68 111.70 110.97

145.89 130.50 122.26 158.17 135.14 116.89 116.89 114.76 119.58 122.29 128.32 131.49 124.57 127.53 104.68 129.43 125.57 129.39 162.24 Mukunuwenna (a) Mukunuwenna

Vegetables 18.15 19.08 20.35 20.04 20.22 19.71 20.85 20.80 20.73 21.12 20.89 20.84 20.78 20.67 20.64 20.88 21.20 21.18 20.98 21.19 20.69 20.84 19.78 19.72 Limes

13.07 14.16 12.28 14.64 21.24 16.49 15.57

35.26 13.67 15.90 24.45 38.76 46.61 36.81 22.36 15.57 12.81 12.62 15.90 23.07 26.37 18.57 35.00 171.74 Brinjals 83.48 73.22 68.38 64.16 67.46 76.60 73.53

64.47 65.46 62.48 68.82 65.46 67.41 64.53 61.47 70.13 67.56 58.70 81.14 77.24 65.59 80.48 110.54

103.53 Bitter Gourd Bitter 94.23 98.54

99.65 98.96 92.79 95.72 99.20 110.08 112.47

109.98 105.74 135.35 101.75 112.60 103.99 105.84 101.99 101.25 104.93 106.51 100.54 106.88 108.99 133.05 Low-Country Fingers Ladies Average Retail Prices of Selected Varieties of Vegetables and Fish and Vegetables of Varieties Selected Retail Prices of Average

78.53 81.86 74.49 77.77 70.40 77.39 85.52

69.52 69.09 81.41 74.83 70.73 71.10 69.05 68.40 67.79 71.41 68.07 74.95 82.47 81.02 75.66 96.33 101.12 Long Beans Long 92.71 87.86 87.22 83.27 74.59 82.94 92.27

85.94 75.65 89.39 88.96 83.95 83.72 87.53 86.57 77.44 76.44 73.08 82.17 90.32 90.96 87.43

107.21 112.46 112.46 Wetakolu

87.38 85.98 84.12 82.73 74.17 82.68 91.35

78.07 82.77 86.27 84.16 80.51 79.48 78.00 76.74 82.64 85.24 80.42 88.49 88.01 87.90 95.81 83.65 107.14 Ash Plantains Ash

69.87 70.58 74.64 75.46 64.33 66.56 88.10 71.70 69.11 69.11 69.00 69.08 67.64 73.04 71.89 69.13 69.70 68.43 69.01 67.85 66.05 72.28 75.06 79.46 71.35 ” ” Apr Sep Oct Nov Dec Jan Feb Mar Q4 Q1 Apr May Jun Jul Aug Q2 Q3 Q4 Q1 Q2 Q3 Average Period in 2003 to reflect the market price. (a) Unit of these item was changed from kg to bundles (b) Provisional. 2014 (b) 2014 (b) (b) 2013 2012 (b) 2013 2011 2012 2013 (b) WAGES AND PRICES

344 w Central Bank of Sri Lankaw Bulletin w May 2014 PRICES AND WAGES TABLE 20

Utility Prices

Price Price Absolute % Date of Item Unit before Change after Change Change Change Revision (Rs. per unit) (Rs. per unit) (Rs. per unit)

Telephone Charges (Domestic) Category 0 – 200 2.80 2.80 0.00 0.0 01/11/2007 201 – 500 3.00 2.80 -0.20 -6.7 501 – 1,000 3.00 2.80 -0.20 -6.7 1,001 – 3,000 2.75 2.80 0.05 1.8 Above 3,000 2.50 2.80 0.30 12.0 Rental 495.00 345.00 -150.00 -30.3 Reduced New Tariff Plan : > A start up fee of Rs. 1.50 for each successful call. > Billed on per second basis and Revised Peak, Economy and Discount Time Band > Each customer will be entitled to a maximum of Rs. 400 worth free calls per month.

Bus Fare (Private Sector) Fare Stage 1 9.00 9.00 0.00 0.00 01/11/2013 2 12.00 13.00 1.00 8.33 3 16.00 17.00 1.00 6.25 4 19.00 20.00 1.00 5.26 5 23.00 24.00 1.00 4.35

Electricity (Domestic) Unit Charge – Usage less than 60 units 0 – 30 3.00 3.00 0.00 0.0 20/04/2013 31 – 60 4.70 4.70 0.00 0.0

Unit Charge – Usage more than 60 units 0 – 30 3.00 10.00 7.00 233.3 20/04/2013 31 – 60 4.70 10.00 5.30 112.8 61 – 90 7.50 12.00 4.50 60.0 91 – 120 21.00 26.50 5.50 26.2 121 – 180 24.00 30.50 6.50 27.1 Over 180 36.00 42.00 6.00 16.7

Fixed Charges 0 – 30 30.00 30.00 0.00 0.0 20/04/2013 31 – 60 60.00 60.00 0.00 0.0 61 – 90 90.00 90.00 0.00 0.0 91 – 180 315.00 315.00 0.00 0.0 Over 180 315.00 420.00 105.00 33.3

A Fuel Adjustment Charge was revised w.e.f. 20/04/2013 Before Change After Change 0 – 30 25% 25% 31 – 60 35% 35% 61 – 90 40% 10% above 90 40% 40%

Water (Domestic) Category 00 – 05 3.00 8.00 5.00 166.7 01/10/2012 06 – 10 7.00 11.00 4.00 57.1 11 – 15 15.00 20.00 5.00 33.3 16 – 20 30.00 40.00 10.00 33.3 21 – 25 50.00 58.00 8.00 16.0 26 – 30 75.00 88.00 13.00 17.3 31 – 40 90.00 105.00 15.00 16.7 41 – 50 105.00 120.00 15.00 14.3 51 – 75 110.00 130.00 20.00 18.2 Over 75 120.00 140.00 20.00 16.7

Service Charge 00 – 05 50.00 50.00 0.00 0.0 15/02/2009 06 – 10 50.00 65.00 15.00 30.0 11 – 15 50.00 70.00 20.00 40.0 16 – 20 50.00 80.00 30.00 60.0 21 – 25 50.00 100.00 50.00 100.0 26 – 30 50.00 200.00 150.00 300.0 31 – 40 50.00 400.00 350.00 700.0 41 – 50 50.00 650.00 600.00 1,200.0 51 – 75 50.00 1,000.00 950.00 1,900.0 Over 75 50.00 1,600.00 1,550.00 3,100.0

Sources : National Transport Commission Ceylon Electricity Board National Water Supply and Drainage Board Sri Lanka Telecom Ltd.

Central Bank of Sri Lanka w Bulletin w May 2014 w 345 PRICES AND WAGES TABLE 21

Minimum Wage Rate Indices of Workers in Wages Boards Trades December 1978 = 100

Workers in Workers in Workers in Workers in Agriculture (a) Industry & Commerce (b) Services (c) Wages Boards Trades (d) Period Nominal Real Wage Nominal Real Wage Nominal Real Wage Nominal Real Wage Wage Rate Rate Index Wage Rate Rate Index Wage Rate Rate Index Wage Rate Rate Index

2011 Average 3,427.2 106.8 2,402.1 74.9 1,851.8 57.7 2,996.1 93.3 2012 ” 4,433.0 128.6 2,402.1 69.7 1,851.8 53.7 3,662.0 106.2 2013 (e) ” 4435.9 120.3 3191.6 86.5 2241.5 60.7 3869.2 104.9

2012 2nd Quarter 4,433.9 128.9 2,402.1 69.8 1,851.8 53.8 3,662.6 106.5 3rd Quarter 4,434.3 126.1 2,402.1 68.3 1,851.8 52.7 3,662.8 104.2 4th Quarter 4,434.3 125.4 2,402.1 67.9 1,851.8 52.4 3,662.8 103.6

2013 (e) 1st Quarter 4,434.5 122.8 2,881.6 79.8 2,026.4 56.1 3,778.1 104.6 2nd Quarter 4,434.7 120.7 3,248.1 88.4 2,313.2 63.0 3,889.8 105.9 3rd Quarter 4,434.9 118.8 3,248.1 87.0 2,313.2 61.9 3,890.0 104.2 4th Quarter 4,439.6 118.8 3,388.7 90.7 2,313.2 61.9 3,918.9 104.9

2014 (e) 1st Quarter 4,449.0 118.2 3,459.1 91.9 2,313.2 61.4 3,938.1 104.6

2013 (e) April 4,434.6 123.1 3,248.1 90.2 2,313.2 64.2 3,889.8 108.0 May 4,434.6 120.4 3,248.1 88.2 2,313.2 62.8 3,889.7 105.6 June 4,434.8 118.6 3,248.1 86.9 2,313.2 61.9 3,889.9 104.0 July 4,435.0 118.4 3,248.1 86.7 2,313.2 61.8 3,890.0 103.9 August 4,435.0 118.8 3,248.1 87.0 2,313.2 62.0 3,890.0 104.2 September 4,434.9 119.1 3,248.1 87.2 2,313.2 62.1 3,890.0 104.4 October 4,434.9 118.9 3,248.1 87.1 2,313.2 62.0 3,890.0 104.3 November 4,434.9 118.6 3,459.1 92.5 2,313.2 61.9 3,928.8 105.1 December 4,449.0 119.0 3,459.1 92.5 2,313.2 61.9 3,938.1 105.3

2014 (e) January 4,449.0 118.3 3,459.1 92.0 2,313.2 61.5 3,938.1 104.7 February 4,449.0 118.1 3,459.1 91.8 2,313.2 61.4 3,938.1 104.6 March 4,449.0 118.0 3,459.1 91.8 2,313.2 61.4 3,938.1 104.5 April 4,449.0 117.7 3,459.1 91.5 2,313.2 61.2 3,938.1 104.2

Note: The Index numbers are calculated by the Labour Department on fixed weights based on Sources : Labour Department the numbers employed as at 31 December 1978. The wage rate used in the calculation of Central Bank of Sri Lanka Index numbers are minimum wages for different trades fixed by the Wages Boards. (a) The Index refers to wage rates of tea growing and manufacturing, rubber growing and manufacturing, coconut, cocoa, cardamoms and pepper growing trades only.

(b) Includes baking, brick and tile manufacturing, coconut manufacturing, printing textile, tyre and tube manufacturing, coir mattresses & bristle fibre export, hosiery manufacturing, engineering, garment manufacturing, match manufacturing, biscuit manufacturing, tea export and rubber export trades only. (c) This includes cinema, motor transport and nursing homes trade only. (d) Combined Index for workers in Agriculture, Industry & Commerce and Services. (e) Provisional.

346 w Central Bank of Sri Lanka w Bulletin w May 2014 111.5 111.1 RWRI 110.8 110.8 113.6 113.7 113.5 113.5 113.2 109.0 109.0 109.3 109.2 108.9 108.7 107.1 107.5 108.1 107.9 School Teachers TABLE 22 TABLE Government 108.9 4,011.0 107.3 4,011.0 3,576.1 3,821.8 3,821.8 108.7 3,949.6 109.3 3,990.5 108.6 3,949.6 109.7 NWRI 4,011.0 4,011.0 4,011.0 4,011.0 4,074.4 4,072.4 4,072.4 4,072.4 4,072.4 3,821.8 3,821.8 4,031.5 4,276.7 4,276.7 4,276.7 4,276.7 4,276.7 December 1978 = 100 December 1978 Central Bank of Sri Lanka RWRI 151.2 151.3 151.8 151.5 151.2 153.8 150.9 150.0 149.9 157.7 148.7 149.2 157.9 157.7 157.6 157.1 Source: All Central Employees (a) 4,964.5 154.7 5,304.7 154.2 5,304.7 150.9 5,483.2 151.8 5,539.9 150.8 5,483.2 152.2 5,568.3 151.1 5,568.3 148.9 NWRI 5,655.3 5,653.3 5,653.3 5,653.3 5,653.3 5,304.7 5,568.3 5,304.7 5,596.6 5,939.0 5,568.3 5,568.3 5,939.0 5,939.0 5,939.0 5,939.0 Government RWRI 166.5 166.5 167.1 166.8 166.4 169.1 166.2 164.9 165.0 174.1 163.7 164.2 174.3 174.0 173.9 173.4 All Minor Employees 5,465.1 170.3 5,831.8 169.6 5,831.8 165.9 6,038.9 167.2 6,100.0 166.0 6,038.9 167.7 6,130.5 166.4 6,130.5 164.0 NWRI 6,224.2 6,222.2 6,222.2 6,222.2 6,222.2 5,831.8 6,130.5 5,831.8 6,161.1 6,553.6 6,130.5 6,130.5 6,553.6 6,553.6 6,553.6 6,553.6 RWRI 154.1 154.2 154.7 154.4 154.1 156.5 153.9 152.6 152.8 161.5 151.6 152.1 161.7 161.4 161.3 160.9 Unskilled Employees 5,061.3 157.7 5,594.5 154.9 5,650.2 153.8 5,594.5 155.3 5,678.1 154.1 5,678.1 151.9 5,395.7 156.9 5,395.7 153.5 NWRI 5,763.7 5,761.7 5,761.7 5,761.7 5,761.7 6,079.6 6,079.6 6,079.6 6,079.6 5,395.7 5,678.1 5,395.7 5,705.9 6,079.6 5,678.1 5,678.1 MINOR EMPLOYEES RWRI 158.1 158.2 158.7 158.4 158.1 165.0 164.8 164.7 164.2 160.8 157.8 156.9 156.7 164.8 155.4 155.9 Skilled Employees 5,189.7 161.7 5,731.6 158.7 5,791.0 157.6 5,731.6 159.1 5,820.7 158.0 5,820.7 155.7 5,546.4 161.3 5,546.4 157.7 NWRI 5,911.9 5,911.9 5,909.9 5,909.9 5,909.9 5,909.9 6,206.2 6,206.2 6,206.2 6,206.2 5,546.4 5,820.7 5,546.4 5,850.5 6,206.2 5,820.7 5,820.7

RWRI 136.9 137.3 137.1 136.8 136.8 142.5 142.3 142.2 141.8 139.3 136.5 135.9 135.5 142.3 134.4 134.9 Officers 4,490.1 139.9 4,957.2 137.2 5,009.5 136.3 4,957.2 137.6 5,035.6 136.7 5,035.6 134.7 4,803.6 139.7 4,803.6 136.6 NWRI 5,114.0 5,114.0 5,114.0 5,114.0 5,114.0 5,116.0 5,359.8 5,359.8 5,359.8 5,359.8 4,803.6 5,035.6 4,803.6 5,061.7 5,359.8 5,035.6 5,035.6 All Non-Executive RWRI 155.8 155.6 155.5 155.0 152.1 149.1 148.4 148.1 149.5 155.6 146.9 147.4 150.0 149.7 149.4 149.4 Unskilled Employees Wage Rate Indices of Government Employees Government of Rate Indices Wage 4,905.0 152.9 5,416.1 149.9 5,472.8 148.9 5,416.1 150.4 5,501.2 149.3 5,501.2 147.1 5,245.0 152.5 5,245.0 149.2 NWRI 5,859.9 5,859.9 5,859.9 5,859.9 5,245.0 5,501.2 5,245.0 5,529.5 5,586.2 5,859.9 5,501.2 5,501.2 5,586.2 5,586.2 5,586.2 5,588.2 119.0 118.2 119.4 118.6 116.8 118.6 RWRI 117.6 117.6 118.7 116.6 117.0 119.1 118.9 118.6 118.7 118.4 118.4 117.9 123.5 123.3 123.2 122.8 123.3 120.9 NON - EXECUTIVE OFFICERS NON - EXECUTIVE RWRI = Real Wage Rate Index = Real Wage RWRI 4,298.8 4,344.7 4,298.8 4,367.6 4,367.6 3,894.8 121.4 4,170.0 4,170.0 121.3 NWRI 4,642.6 4,642.6 4,642.6 4,642.6 4,390.6 4,436.4 4,642.6 4,367.6 4,367.6 4,436.4 4,436.4 4,436.4 4,438.4 4,170.0 4,367.6 4,170.0 other than Clerical Skilled Employees 127.6 127.3 127.3 126.9 121.3 122.5 127.4 120.3 120.7 122.9 122.7 122.4 122.5 124.7 122.2 121.6 RWRI

Clerical Employees 4,506.6 122.3 4,506.6 120.5 4,436.5 122.8 4,483.3 122.0 4,576.8 4,436.5 123.2 4,018.4 125.2 4,299.0 122.3 4,299.0 125.0 NWRI 4,796.8 4,796.8 4,796.8 4,796.8 4,530.0 4,796.8 4,506.6 4,506.6 4,576.8 4,576.8 4,576.8 4,578.8 4,299.0 4,506.6 4,299.0

” January February March April May June July August September October November December 1st Quarter 1st Quarter 2nd 3rd Quarter 4th Quarter 1st Quarter April Average " Quarter 3rd 4th Quarter 2nd Quarter 2nd Period

(b) Provisional. 2014 (b) Rate Index NWRI = Nominal Wage numbers are the initial salaries and wages in each respective scale. Rates used in the calculations of index The Wage Minor Employees. (a) Combined Index for Non-Executive Officers and

2013 (b) 2013 2014 (b) (b) 2013 2011 2012 2013 (b) 2012 WAGES AND PRICES

Central Bank of Sri Lankaw Bulletin w May 2014 w 347 Un- Rupees 811 846 844 740 816 792 810 826 839 848 797 814 819 827 831 832 835 849 853 858 TABLE 23 TABLE 906 985 968 982 993 983 979 972 994 993 993 997 996 Helper skilled 1,011 1,011 Masonry 1,030 1,001 1,018 1,009 1,013 1,029 Central Bank of Sri Lanka Mason Master Skilled 654 1,093 801 728 1,210 895 754 1,231 922 772 1,243 947 1,365 1,216 1,304 1,277 1,306 1,316 1,319 1,348 1,301 1,304 1,304 1,314 1,309 1,325 1,315 1,312 1,331 1,335 1,344 1,366 Source: Un- 840 735 810 788 805 817 834 840 797 806 804 814 815 823 828 831 842 843 836 854 Housing Construction (b) Housing Construction 913 995 971 992 992 985 984 Helper skilled 1,024 1,006 1,015 1,020 1,005 1,002 1,010 1,014 1,013 1,019 1,029 1,007 1,037 Carpentry (a) Car- penter Helper Helper Master Skilled 647 807 1,114 721 1,232 903 750 1,258 932 768 1,272 950 1,379 1,240 1,334 1,304 1,335 1,349 1,352 1,370 1,331 1,324 1,337 1,347 1,343 1,357 1,347 1,348 1,360 1,362 1,370 1,392

/ 714 700 648 668 636 653 686 666 648 642 660 683 704 667 597 653 643 651 668 650 Harvesting (c) Transplanting Male Female 854 861 805 824 828 783 845 813 838 823 834 847 881 846 753 818 808 810 814 832 Paddy ing with Male 880 858 877 899 888 879 894 898 894 897 863 845 850 921 783 883 867 886 890 885 Plough- mammoties ing with Male sticks Pluck- 783 616 835 1,110 744 579 1,041 788 764 613 1,058 789 1,395 1,401 1,259 1,270 1,207 1,216 1,245 1,303 1,249 1,320 1,341 1,404 1,403 1,324 1,053 1,266 1,261 1,238 1,255 1,303 Coconut Pits 911 911 988 994 921 937 921 982 938 957 998 985 986 990 839 942 919 922 947 980 Digging 1,007 Agriculture 568 602 595 621 591 629 580 577 595 638 580 630 608 623 534 594 575 609 595 604 Tapping 611 611 Male Female Male 656 642 683 645 660 634 634 652 704 643 687 669 663 587 654 651 657 643 666 Rubber All Island Average Daily Wages in the Informal Sector the Informal in Daily Wages Average Island All 885 889 906 925 907 827 850 845 855 861 840 885 868 906 731 852 835 844 852 879 Planting 507 502 502 495 500 472 489 483 504 492 499 506 505 514 436 489 469 487 498 506 Plucking

690 675 533 533 481 742 934 608 394 639 576 523 829 680 429 719 613 566 848 706 448 744 609 543 877 707 453 771 723 811 811 811 Male Female Male 798 814 803 829 815 716 745 741 760 770 795 786 758 740 775 798 ration 683 Prepa- of Land Tea ” ” November December January February March April 1st Qtr April May June July August September October 2nd Qtr Qtr Qtr 2nd 3rd 4th 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Average Period

Daily wages up to December 2004 are the average daily of wages for the two activities. From January 2005 onwards the daily wages cover both activities has been replaced by the series on daily payment basis from the monthly bulletin of December 2005 onwards for comparison in other sectors. with wages of data collection schedules. under a single category following the restructuring Daily wages represent payments in cash where meals are not provided by the employer. Annual and quarterly figures are averages of monthly figures. are not provided by the employer. Daily wages represent payments in cash where meals series The on contractual basis in previous bulletin publications in the construction sector are paid on both daily payment and contractual basis. Wages Provisional. (c) (a) (b) (d)

2014 (d) 2014 (d) 2013 (d) 2012 2013 (d) 2011 2011 2012 2013 (d) WAGES AND PRICES

348 w Central Bank of Sri Lankaw Bulletin w May 2014 457.1 457.1 463.3 469.4 469.8 479.2 468.5 469.8 469.8 469.8 469.8 469.8 475.4 481.0 481.3 492.3 Labour Unskilled 1990 = 100 1990 = 100 TABLE 25 TABLE TABLE 24 TABLE 548.6 (b) All Construction Semi 435.7 435.7 Skilled 443.3 450.7 451.0 455.5 450.0 451.0 451.0 451.0 451.0 451.0 452.9 456.8 456.8 465.3 Labour 414.8 414.8 Skilled 421.2 427.4 427.7 433.1 426.7 427.7 427.7 427.7 427.7 427.7 430.6 434.3 434.3 444.1 Labour 505.0 (b) 319.0 327.6 Glass 322.2 327.6 327.6 327.6 327.6 327.6 327.6 327.6 327.6 327.6 327.6 327.6 327.6 327.6 Institute for Construction Training and Development Training Institute for Construction Institute for Construction Training and Development Training Institute for Construction All Civil Works All Civil Works Signature & Date Signature Source : Source : Wall

Paint 661.5 661.5 661.5 661.5 661.5 661.5 661.5 661.5 661.5 661.5 661.5 661.5 661.5 661.5 661.5 661.5 Approved / one more proof / one more Approved ………………………………… 435.7 457.1 453.8 661.5 314.7 414.8 435.7 457.1 453.8 661.5 314.7 414.8 453.8 453.8 Wiring 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 453.8 Electrical 550.3 (b)

Non-Residential Non-Residential Building 2014-Bulletin Timber General 1,023.9 1,027.7 414.8 435.7 457.1 1,022.0 453.8 661.5 314.7 1,022.0 1,016.9 1,025.1 1,028.4 1,031.3 1,031.3 1,027.7 1,027.7 1,029.9 1,031.3 1,031.3 1,031.3 1,031.3 1,031.3 1,031.3 1,031.3 1st & Final Proof 1st & May Sent on 23/07/2014 Sent on

(b) PVC 778.0 778.0 Pipes 778.0 778.0 778.0 778.0 778.0 778.0 778.0 778.0 778.0 778.0 778.0 778.0 778.0 778.0 587.2 (b) All Housing 439.8 439.8 442.7 439.8 451.6 460.3 439.8 439.8 439.8 439.8 454.6 460.3 460.3 460.3 460.3 460.3 Sheets Roofing Asbestos Cost of Construction Indices Construction Cost of Steel 439.8 778.0 511.3 511.3 511.3 511.3 439.8 778.0 511.3 439.8 778.0 511.3 511.3 511.3 511.3 511.3 511.3 511.3 511.3 511.3 511.3 511.3 511.3 511.3 511.3 511.3 511.3 Structural 850.2 Steel 558.0 558.0 -ment 558.0 558.0 558.0 558.0 558.0 558.0 558.0 558.0 558.0 558.0 558.0 558.0 558.0 558.0 Reinforce- Semi Permanent Housing Semi Permanent Tiles 632.5 558.0 629.6 632.5 632.5 632.5 632.5 632.5 632.5 632.5 632.5 632.5 632.5 632.5 632.5 632.5 632.5 629.6 Calicut Price Indices for Selected Construction Materials and Labour Wages Labour Materials and for Selected Construction Price Indices

408.1 357.4 657.0 846.2 452.9 560.2 247.2 364.0 353.2 843.0 551.8 515.1 432.1 Bricks 490.9 449.1 491.9 528.2 769.4 512.2 569.9 (b) 570.2 573.9 515.2 871.0 618.3 601.6 596.6 600.9 532.1 943.7 652.9 633.7 583.1 587.2 524.8 899.5 633.9 616.4 599.9 604.9 534.0 948.2 657.2 638.0 550.9 503.2 553.2 592.9 852.4 575.8 590.4 594.5 528.6 927.3 644.4 625.8 559.9 561.4 513.5 861.4 601.1 583.9 587.6 591.4 526.6 924.2 640.9 622.2 594.4 598.5 530.8 941.9 650.0 630.7 397.7 432.1 422.0 747.8 957.9 453.8 632.4 277.4 394.0 1,001.3 585.0 555.5 492.0 1,099.3 623.7 558.0 1,141.8 1,126.2 623.7 558.0 1,153.9 1,145.2 1,164.6 1,153.9 1,153.9 1,153.9 1,164.6 1,164.6 1,164.6 1,164.6 1,164.6 1,164.6 1,181.8 1,153.9 1,164.6 1,139.9 (Hand cut)

Modern Housing 473.0 556.7 606.7 612.5 610.0 610.0 617.4 632.5 617.4 617.4 630.0 632.5 632.5 632.5 632.5 632.5 632.5 632.5 621.6 632.5 618.3 Rubble

525.3 525.3 525.3 432.2 474.9 525.3 525.3 525.3 525.3 525.3 525.3 525.3 525.3 525.3 525.3 525.3 525.3 525.3 525.3 525.3 525.3 Quarter Quarter Quarter Cement Quarter Quarter Quarter Quarter ” ” ” ”

Average 2nd Quarter 3rd 4th 2nd 3rd 4th 1st 1st

Period Jan Feb Mar Apr 1st Qtr Apr May Jun Jul Aug Sep Oct Nov Dec Average Qtr 1st 2nd Qtr 3rd Qtr 4th Qtr (a) (a) (a) Period (a) (a) Annual and quarterly figures are averages of monthly figures. Annual (a) August 2012. April to (b) Index of PVC Pipes has been revised from (c) Provisional 2014 (c) 2013 (c) 2014 (c) 2013 2011 (c) 2012 2013 (c) 2013 (b) Revised in September 2012 issue. (b) Revised in September AND WAGES PRICES 2013 2014 (a) Provisional 2011 2012 2013 2012 (a) WAGES AND PRICES

Central Bank of Sri Lankaw Bulletin w May 2014 w 349 8,721 Net 11,982 15,829 12,857 23,364 12,407 54,121 10,352 20,927 15,967 22,036 28,786 33,537 88,520 67,706 22,187 25,510 98,569 -15,684 119,777 293,295 145,958 223,983 249,694 249,694 Rs. million TABLE 26 TABLE 6,561 6,531 6,622 7,035 5,809 7,728 6,942 ments 11,435 11,663 Repay- 98,789 78,184 78,184 119,445 Foreign Loans Foreign Financing Ministry of Finance and Planning Central Bank of Sri Lanka 15,282 27,264 19,029 21,471 9,536 24,576 110,330 130,158 10,380 317,239 327,878 327,878 174,808 28,850 144,955 122,154 26,352 Gross (d) Sources : 249 -429 4,304 1,601 3,582 26,162 41,846 2,536 17,387 4,609 486,824 193,529 1,585 47,230 26,302 3,708 Cash Use of -3,238 37,525 21,558 -7,637 99,763 70,977 -5,227 29,129 11,945 -14,112 -14,896 -22,109 -14,434 -14,434 -17,150 73,022 18,901 -16,576 27,846 -12,378 41,265 -15,228 Balances 4,533 3,792 7,762 2,242 4,025 6,935 2,171 17,802 94,039 26,333 Other wings -8,284 -7,684 Borro- 16,443 20,944 14,012 14,012 68,936 -13,342 -21,316 13,538 29,895 -26,949 -14,654 -31,299 18,235 23,645 8 9 26,961 20 -10 -23 29,445 -247 3,998 3,998 2,546 26,374 5,300 ces -3,683 -2,529 -1,230 58,949 -5,294 19,451 -3,902 -1,469 89,701 Bank 16,007 16,864 16,549 20,760 16,016 18,007 15,454 -16,007 -13,453 Advan- Central -950 -554 -571 (c) Net -9,115 -8,643 -7,610 42,084 23,591 -12,091 0 7,470 0 39,237 0 ments 79,940 119,098 Repay- 163,347 27,270 133,302 43,544 Treasury bonds Treasury -950 0 -554 42,084 0 23,591 0 525,053 356,652 168,401 524,167 369,619 154,548 190,617 160,724 91,494 69,230 150,699 99,810 50,888 436,707 296,267 140,440 436,707 296,267 140,440 199,038 176,846 Market borrowings Gross Domestic Financing 4,744 2,931 67,235 47,837 19,398 (b) bills -5,203 35,899 45,013 14,118 79,616 56,222 79,404 91,494 19,696 37,403 45,013 16,782 65,360 33,988 45,385 45,957 28,752 64,226 39,507 24,718 82,796 82,796 32,798 35,275 73,587 40,789 13,175 65,672 42,853 51,497 -11,019 -14,584 -15,100 -24,586 7,470 -27,520 39,237 -31,686 84,255 48,314 35,941 -57,805 -29,642 28,393 -34,194 61,812 33,418 Treasury Treasury 0 0 0 0 0 0 0 0 0 0 -1 -1 -1 Net -3,575 -3,576 -1,904 -4,634 -3,575 -25,748 -24,583 -24,583 -19,209 0 0 0 0 0 0 0 0 0 1 1 0 1 3,575 3,576 1,904 4,634 3,575 ments 25,748 24,583 24,583 Repay- Rupee Loans 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19,209 0 0 0 0 Analysis Analysis of Net Cash Surplus / Deficit (+) (-)

Gross 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Non- wings Borro- -6,745 -6,745 Market

-977 7,240 -27,311 -28,443 -24,049 -60,205 -89,581 -72,909 -49,859 -74,937 -15,420 -90,325 -70,523 -95,007 -99,674 -114,691 -144,112 -451,922 -451,922 -455,207 -551,142 -164,864 -212,350 -129,495 Deficit (-) Net Cash Surplus (+) / (a) -81,175 -diture Expen -113,966 -114,914 6,394 -118,472 -140,337 -166,795 -144,261 -136,016 -155,801 -109,678 -102,824 -184,620 -130,884 -309,808 -407,172 -356,145 -447,072 -368,302 -379,761 -386,135 -355,557 -1,310,295 -1,310,295 -1,428,683 -1,581,271 and 80,198 85,523 80,132 90,865 77,213 71,352 86,157 80,864 82,367 69,929 Grants 115,464 110,064 858,373 858,373 973,476 219,483 242,308 285,623 234,722 273,295 235,649 286,462 124,867 226,062 Revenue 1,030,128 Aug Sep Oct Nov Dec Q2 Q3 Q4 Q1 Q2 Q3 Q4 Dec Jan Feb Mar Apr May June July Q1 Excludes foreign investments in Treasury bills. Treasury Excludes foreign investments in bonds. Treasury Excludes foreign investments in bonds are included. Treasury bills and Treasury Net foreign investments in international financial organisations. to sinking funds, direct payment of pulic debt and subscriptions to international financial organisations. Consists of government expenditure excluding contributions tally with the figures published in the accounts of the Government of Sri Lanka. tally with the figures published in the accounts of the Also excludes book adjustments arising from losses on Advance Account operations incurred and financed in the previous financial year. Hence, the figures may not not may figures the Hence, year. financial previous the in financed and incurred operations Account Advance on losses from arising adjustments book excludes Also Period (b) (c) (d) (e) Provisional (a) 2011 (e) 2011 (e) 2012 (e) 2012 2010 2010 (e) 2011 2012 (e) 2011 FINANCE GOVERNMENT

350 w Central Bank of Sri Lankaw Bulletin w May 2014 Total 82,906 75,955 88,708 79,323 81,075 76,426 73,882 71,226 67,501 77,563 Rs. million 111,403 111,403 211,923 211,923 121,223 230,876 273,623 222,779 276,536 218,354 260,514 228,014 987,843 101,877 934,776 817,280 Revenue TABLE 27 TABLE Total 3,739 4,252 3,081 6,088 3,256 4,095 42,716 18,474 51,770 19,409 60,738 31,907 20,015 37,406 15,825 13,107 32,963 24,994 12,413 29,059 14,669 92,532 142,546 122,166 7,999 3,668 9,322 3,904 4,762 3,305 1,521 3,248 3,747 1,694 1,625 1,491 5,728 1,167 1,201 1,395 1,163 2,871 1,215 1,647 1,152 18,141 14,639 19,543 : Ministry of Finance and Planning Other 801 927 and 1,117 1,117 Non-Tax Tevenue Non-Tax 4,344 3,104 5,155 4,889 3,148 1,538 1,376 6,806 4,409 1,207 1,324 1,548 1,186 1,893 1,014 Fees 13,196 16,503 10,076 20,737 19,746 30,891 Charges 594 855 Pro- perty 1,669 2,124 1,101 1,930 Income 11,878 30,511 11,129 11,129 21,521 10,462 25,944 12,401 45,900 23,447 12,593 10,106 24,665 14,857 26,458 10,445 58,148 71,731 103,669 Total 78,507 70,801 65,138 67,081 76,823 64,244 72,216 61,757 75,600 78,440 72,818 66,910 73,468 812,611 812,611 191,908 212,402 221,854 223,109 203,370 215,798 186,447 203,020 724,747 845,297 Other 9,911 9,911 9,582 9,986 12,511 12,511 13,722 27,054 22,715 32,143 33,388 30,750 35,775 25,570 10,734 12,123 10,892 10,734 10,774 12,343 12,658 32,439 10,105 110,191 110,191 107,482 132,352 6,711 6,711 7,958 5,878 4,877 6,838 6,464 6,820 5,229 5,148 4,312 5,813 9,305 6,094 Import Duties 17,530 18,848 20,936 19,378 17,088 19,429 18,660 64,165 75,974 17,593 73,489 Total 11,869 11,869 21,623 47,190 46,746 52,822 55,951 39,241 53,433 13,559 39,252 14,235 12,936 16,151 18,008 19,381 13,814 14,073 17,480 21,880 43,322 18,562 129,864 186,010 191,947 Other 9,821 9,044 9,164 3,262 4,570 3,379 6,128 7,531 2,750 2,962 2,820 2,792 4,842 1,530 7,266 11,033 12,864 14,909 19,826 17,547 24,497 58,632 14,077 49,832 Motor Vehicles/ 759 677 450 307 960 419 1,115 1,115 1,996 4,807 6,679 6,236 4,748 7,475 3,608 1,312 6,052 1,889 3,724 2,439 leum Petro- 14,944 10,801 28,038 22,470 28,466 Excise Tax Excise 4,527 3,940 4,475 4,176 4,407 4,754 5,843 3,299 4,383 6,091 3,435 4,234 11,206 10,351 12,659 12,692 18,729 15,004 12,209 13,759 40,675 55,286 12,591 53,563 Ciga- rettes Tax Revenue Tax -544 5,011 5,011 9,520 5,048 4,632 4,535 5,773 5,416 4,736 4,647 4,722 4,771 5,480 5,315 Liquor 12,206 14,988 12,909 15,925 14,380 15,566 36,654 49,623 14,215 60,086 Economic Economic Classification ofGovernment Revenue

Total 22,579 51,889 51,749 53,462 58,476 52,109 48,485 50,696 19,322 15,553 18,641 18,942 17,826 15,341 17,264 15,753 15,468 17,382 15,897 17,417 53,516 219,990 215,576 204,806 7,450 9,214 7,227 7,904 7,452 7,342 7,694 7,845 9,596 9,050 8,384 10,311 10,311 26,811 26,811 17,739 23,254 23,963 28,226 36,867 24,825 22,698 25,135 99,578 99,469 Imports 112,310 112,310

TT / GST / VAT / NSL VAT / / GST TT 8,114 8,114 4,840 8,103 8,330 8,612 9,360 8,301 8,126 9,688 8,052 7,821 Non- Manu- Manu- 10,272 10,558 28,635 27,786 25,236 21,609 26,705 27,284 25,788 25,561 facturing facturing/ 120,412 103,266 105,337

7,344 4,919 4,274 6,456 5,900 6,288 9,702 4,389 4,595 4,479 3,919 4,370 Stamp 70,111 70,111 10,820 64,914 70,260 16,520 17,246 17,736 18,758 15,649 21,890 13,463 19,109 & Airport develop- duty/Port Debits Tax ment Levy/ 5,281 6,872 9,062 6,360 tax Source 11,298 11,298 15,713 17,916 13,984 17,346 14,761 21,494 18,088 19,698 34,556 31,139 52,896 38,719 40,501 40,392 54,343 37,356 135,623 157,309 172,593 Income

Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Period (a) Provisional. 2011 (c) 2011 2012 (c) 2012 (a) 2010 2011 2012 (a) 2011 FINANCE GOVERNMENT

Central Bank of Sri Lankaw Bulletin w May 2014 w 351 Government Finance TABLE 28

Government Expenditure – 2012 Rs. million Recurrent Capital Ministry (a) Approved December Upto Approved December Upto Estimates (b) December Estimates (b) December

1. HE The President, Prime Minister, Judges of the Supreme Court etc. 9,303 888 8,869 4,815 440 2,722 2. Buddha Sasana and Religious Affairs 991 115 814 1,051 176 709 3. Finance and Planning (c) 399,194 21,366 420,065 573,018 8,774 616,083 4. Defence 221,721 22,926 220,743 23,173 3,146 17,830 5. Economic Development 21,345 1,956 21,160 86,164 16,466 72,663 6. Disaster Management 656 162 555 864 112 558 7. Postal Services 8,350 744 8,333 356 149 235 8. Justice 3,882 331 3,836 1,053 108 920 9. Health 59,018 7,550 57,859 19,621 6,903 13,647 10. External Affairs 7,330 1,101 7,305 1,205 322 995 11. Transport 16,274 1,534 15,844 40,385 16,174 32,010 12. Petroleum Industries 101 10 94 10 1 6 13. Co-operatives and Internal Trade 1,137 61 1,067 604 25 211 14. Ports and Highways 200 16 196 147,263 31,019 146,682 15. Agriculture 2,435 261 2,391 3,708 1,309 2,829 16. Power and Energy 1,083 40 459 33,207 14,598 32,203 17. Child Development and Women Affairs 776 103 717 263 65 201 18. Public Administration and Home Affairs 140,803 11,447 140,538 2,876 808 2,221 19. Mass Media and Information 1,935 171 1,848 460 113 235 20. Construction, Engineering Services, Housing and Common Amenities 750 65 708 2,267 34 1,734 21. Social Services 1,508 273 1,472 205 13 103 22. Education 29,041 2,393 28,977 6,567 1,522 4,641 23. Labour and Labour Relations 1,132 107 1,089 425 111 329 24. Traditional Industries and Small Enterprises Development 526 48 507 444 124 327 25. Local Government and Provincial Councils 96,208 7,915 92,059 39,044 3,413 25,566 26. Technology and Research 1,149 116 1,058 2,038 55 1,125 27. National Languages and Social Integration 287 25 234 186 46 136 28. Plantation Industries 1,889 120 1,487 1,203 115 776 29. Sports 552 39 483 1,549 14 880 30. Indigenous Medicine 816 73 764 575 37 300 31. Fisheries and Aquatic Resources Development 1,048 60 1,019 2,828 280 1,967 32. Livestock and Rural Community Development 459 37 439 2,443 654 2,105 33. National Heritage 786 74 724 826 81 481 34. Parliamentary Affairs 347 35 341 37 6 21 35. Resettlement 273 25 200 361 86 346 36. Industry and Commerce 751 62 656 1,265 13 494 37. Irrigation and Water Resources Management 3,410 275 3,299 33,500 13,421 28,155 38. Land and Land Development 2,431 223 2,416 3,013 255 2,235 39. Youth Affairs and Skills Development 3,977 444 3,778 4,718 676 3,269 40. Environment 1,421 139 1,329 2,051 138 955 41. Water Supply and Drainage 172 51 169 35,480 13,632 31,110 42. Higher Education 15,722 1,797 15,333 9,004 397 5,553 43. Public Management Reforms 86 9 64 100 16 36 44. Rehabilitation and Prison Reforms 3,872 249 3,627 603 73 421 45. State Resources and Enterprise Development 111 8 97 109 10 32 46. Civil Aviation 87 9 78 14,829 2 14,801 47. Culture and Arts 822 56 761 737 97 438 48. Coconut Development and Janatha Estate Development 568 49 536 1,218 31 555 49. Agrarian Services and Wildlife 40,320 341 40,316 1,712 196 1,074 50. Minor Export Crop Promotion 443 39 391 313 26 264 51. Productivity Promotion 821 26 808 112 28 76 52. Foreign Employment Promotion and Welfare 84 14 140 310 41 58 53. Public Relations and Public Affairs 49 4 49 111 34 86 54. Private Transport Services 481 4 235 260 5 66 55. Telecommunication and Information Technology 66 5 66 459 147 455

Advance Account Operations 4,000 -2,088

Under Expenditure -30,235

Total 1,109,000 85,988 1,118,401 1,084,765 136,538 1,071,840

(a) The list of Ministries is based on Budget 2011. Source : Ministry of Finance and Planning (b) Includes additional allocations. (c) Includes debt service payments.

352 w Central Bank of Sri Lanka w Bulletin w May 2014 Government Finance TABLE 29

Economic Classification of Government Expenditure and Lending Minus Repayments Rs. million Recurrent Capital Period and Total Salaries Interest Pension Samurdhi Other Total net lending & Wages

2010 300,558 352,592 90,995 9,241 183,708 937,094 343,111 1,280,205 2011 319,601 356,699 99,936 9,044 221,352 1,006,633 393,465 1,400,097 2012 (a) 347,747 408,498 111,682 10,553 215,769 1,094,249 398,633 1,492,882

2010 4th Quarter 72,961 74,136 26,555 2,310 50,374 226,337 137,759 364,096

2011 1st Quarter 79,996 112,230 24,256 2,325 53,145 271,953 75,125 347,077 2nd Quarter 84,996 58,381 24,425 2,325 42,776 212,902 92,162 305,064 3rd Quarter 85,860 118,363 25,211 2,325 64,263 296,023 103,456 399,479 4th Quarter 68,749 67,725 26,044 2,069 61,167 225,755 122,723 348,477

2012 (a) 1st Quarter 83,490 119,654 27,870 2,729 101,030 334,773 104,353 439,126 2nd Quarter 86,494 84,413 27,568 2,729 27,848 229,051 131,495 360,546 3rd Quarter 88,517 117,424 29,118 2,488 50,521 288,068 121,104 409,172 4th Quarter 89,246 87,007 27,127 2,608 36,369 242,356 41,681 284,038

2011 December 17,735 13,826 9,670 519 36,295 78,046 36,176 114,222

2012 (a) January 27,782 41,771 9,805 910 54,750 135,019 26,932 161,951 February 27,680 36,346 9,022 910 26,413 100,371 44,163 144,534 March 28,028 41,536 9,042 910 19,867 99,383 33,258 132,640 April 28,624 53,997 9,263 910 17,822 110,615 43,460 154,075 May 28,702 13,234 9,007 910 9,164 61,016 45,069 106,085 June 29,168 17,183 9,298 910 863 57,420 42,966 100,386 July 29,263 52,685 10,302 910 38,315 131,475 50,975 182,450 August 29,572 37,517 9,307 658 8,612 85,666 32,252 117,918 September 29,681 27,222 9,509 920 3,595 70,927 37,877 108,804 October 30,688 47,435 9,549 520 1,118 89,311 4,309 93,619 November 28,505 18,923 9,090 1,056 22,502 80,075 36,549 116,624 December 30,052 20,649 8,488 1,032 12,749 72,971 824 73,794

(a) Provisional. Source : Ministry of Finance and Planning

Central Bank of Sri Lanka w Bulletin w May 2014 w 353 Government Finance TABLE 30

Outstanding Central Government Debt(a) Rs. million

End December End December End August End September End October End November End December Item 2010 2011 2012 2012 2012 2012 2012 (b)

Total Domestic Debt 2,565,662 2,804,085 3,253,167 3,280,438 3,337,925 3,352,671 3,232,813 Short-Term 619,549 698,190 802,948 789,068 832,840 848,094 813,272 Treasury bills (c) 514,442 590,885 638,173 626,824 651,348 659,148 629,070 Provisional Advances from the Central Bank 77,879 94,743 112,741 112,760 112,769 112,522 111,292 Import bills held by commercial banks 9,154 11,479 18,333 18,395 18,578 18,710 18,340 Other liabilities to the banking sector net of bank deposits 10,396 150 32,768 30,155 49,212 56,781 53,638 Other (Administrative Borrowings) 7,678 933 933 933 933 933 933 Medium and Long-Term 1,946,113 2,105,895 2,450,218 2,491,370 2,505,085 2,504,576 2,419,541 Rupee Securities 87,709 61,961 58,386 58,386 58,386 58,386 58,386 Treasury bonds (d) 1,643,887 1,819,251 2,121,673 2,161,821 2,175,085 2,174,143 2,095,054 Sri Lanka Development Bonds 173,877 183,845 226,183 227,612 228,021 228,413 222,994 Other 40,640 40,838 43,977 43,551 43,593 43,635 43,107 By Debt Instrument 2,565,662 2,804,085 3,253,167 3,280,438 3,337,925 3,352,671 3,232,813 Rupee Securities 87,709 61,961 58,386 58,386 58,386 58,386 58,386 Treasury bills (c) 514,442 590,885 638,173 626,824 651,348 659,148 629,070 Treasury bonds (d) 1,643,887 1,819,251 2,121,673 2,161,821 2,175,085 2,174,143 2,095,054 Sri Lanka Development Bonds 173,877 183,845 226,183 227,612 228,021 228,413 222,994 Provisional Advances 77,879 94,743 112,741 112,760 112,769 112,522 111,292 Other 67,869 53,400 96,011 93,034 112,316 120,059 116,017 By Institution 2,565,662 2,804,085 3,253,167 3,280,438 3,337,925 3,352,671 3,232,813 Banks 691,716 886,221 1,026,104 1,015,732 1,057,809 1,054,335 1,060,317 Central Bank By Debt Instrument 78,376 263,329 303,848 303,919 317,870 311,979 265,198 Treasury bills 2,993 169,797 191,261 191,261 205,164 199,619 154,005 Provisional Advances 77,879 94,743 112,741 112,760 112,769 112,522 111,292 Other -2,496 -1,210 -153 -102 -63 -162 -99 Commercial Banks By Debt Instrument 613,340 622,892 722,256 711,813 739,939 742,356 795,119 Rupee Loans 17,615 16,234 16,234 16,234 15,870 15,870 15,870 Treasury bills 220,358 185,756 201,977 185,674 203,663 200,121 219,748 Treasury bonds (d) 162,215 206,547 206,164 213,584 204,441 202,175 244,770 Sri Lanka Development Bonds 173,877 183,845 226,183 227,612 228,021 228,413 222,994 Other 39,276 30,511 71,698 68,708 87,944 95,777 91,737 Sinking Fund 100 100 100 100 100 100 100 Rupee Loans 100 100 100 100 100 100 100 Non-Bank sector By debt instrument 1,873,845 1,917,764 2,226,962 2,264,605 2,280,016 2,298,236 2,172,395 Rupee Securities 69,994 45,627 42,052 42,052 42,416 42,416 42,416 Treasury bills 291,091 235,333 244,935 249,889 242,521 259,408 255,317 Treasury bonds (d) 1,481,672 1,612,704 1,915,509 1,948,237 1,970,645 1,971,969 1,850,284 Other 31,089 24,100 24,466 24,428 24,435 24,443 24,379 By Institution 1,873,845 1,917,764 2,226,962 2,264,605 2,280,016 2,298,236 2,172,395 National Savings Bank 286,514 314,319 317,922 317,922 330,294 330,294 330,150 Employees’ Provident Fund 861,341 950,474 1,042,747 1,120,652 1,157,699 1,157,699 1,173,870 Other 725,990 652,971 866,293 826,031 792,023 810,242 668,375

Total Foreign Debt 2,024,583 2,329,280 2,900,347 2,887,930 2,837,571 2,829,929 2,767,299 By Type 2,024,583 2,329,280 2,900,347 2,887,930 2,837,571 2,829,929 2,767,299 Project Loans 1,461,729 1,640,117 1,899,928 1,896,894 1,905,787 1,898,263 1,846,772 Non-Project Loans 562,854 689,163 1,000,419 991,036 931,784 931,666 920,527 Commodity 54,653 53,460 61,347 59,431 59,076 58,795 56,599 Other (e) 508,201 635,703 939,073 931,606 872,708 872,871 863,928 By Institution 2,024,583 2,329,280 2,900,347 2,887,930 2,837,571 2,829,929 2,767,299 Concessional Loans 1,266,910 1,328,797 1,393,847 1,388,832 1,392,964 1,387,502 1,369,568 Multilateral 601,691 624,634 679,877 677,323 681,735 681,283 670,692 Bilateral 665,218 704,163 713,970 711,509 711,229 706,219 698,876 Non-Concessional Loans 757,674 1,000,484 1,506,501 1,499,099 1,444,607 1,442,427 1,397,731 Multilateral 73,245 97,282 176,042 174,378 174,943 175,868 173,600 Bilateral 73,995 138,642 289,644 294,178 295,728 294,477 281,469 Commercial Loans (e) 610,433 764,560 1,040,815 1,030,543 973,937 972,082 942,662

Total Outstanding Government Debt 4,590,245 5,133,365 6,153,514 6,168,368 6,175,496 6,182,600 6,000,112

(a) Outstanding Treasury bills and Treasury bonds have been adjusted for secondary market transactions. Sources : Central Bank of Sri Lanka (b) Provisional. Ministry of Finance and Planning (c) Excludes rupee denominated Treasury bills issued to foreign investors from 2008 and to Sri Lankan diaspora and migrant workforce from 2009. (d) Excludes government bonds of Rs. 4,397 million issued to CWE in November 2003 and rupee denominated Treasury bonds held by foreign investors from 2007 and the Sri Lankan diaspora and migrant workers from 2009. (e) Includes defence loans.

354 w Central Bank of Sri Lanka w Bulletin w May 2014 Trade, Tourism and Balance of Payments TABLE 31

Exports, Imports and Trade Balance US dollar millions

Imports Exports Balance of Trade

Period Customs Adjusted Customs Adjusted Customs Adjusted Data Data (a) Data (a) Data Data (a) Domestic Re-Exports Total

2011 19,442.3 20,268.8 10,016.6 219.5 10,236.0 10,558.8 -9,425.7 -9,710.0 2012 17,922.1 19,190.2 9,191.6 188.8 9,380.4 9,773.5 -8,730.5 -9,416.7 2013 (b) 19,121.2 18,002.8 9,993.2 215.3 10,208.4 10,394.3 -9,128.0 -7,608.5

2012 2nd Quarter 5,179.6 4,434.4 2,150.7 57.9 2,208.6 2,309.6 -3,029.0 -2,124.9 3rd Quarter 3,933.0 4,389.4 2,297.9 56.2 2,354.2 2,424.9 -1,635.0 -1,964.6 4th Quarter 4,339.2 5,017.1 2,345.3 35.9 2,381.2 2,468.9 -1,993.9 -2,548.1

2013 (b) 1st Quarter 3,949.0 4,510.3 2,270.4 40.7 2,311.1 2,358.4 -1,678.6 -2,151.9 2nd Quarter 4,030.6 4,583.7 2,178.1 47.0 2,225.1 2,298.0 -1,852.6 -2,285.7 3rd Quarter 3,610.2 4,394.3 2,553.3 59.2 2,612.5 2,677.0 -1,056.9 -1,717.3 4th Quarter 7,531.4 4,514.4 2,991.5 68.3 3,059.7 3,060.9 -4,539.9 -1,453.6

2014 (b) 1st Quarter 4,573.7 4,748.0 2,793.9 48.7 2,842.6 2,808.9 -1,779.8 -1,939.1

2013 (b) April 1,488.4 1,525.6 658.3 22.9 681.2 696.5 -830.2 -829.0 May 1,411.8 1,548.8 738.1 9.5 747.5 793.9 -673.8 -754.9 June 1,130.4 1,509.4 781.8 14.6 796.4 807.6 -348.7 -701.8 July 1,269.3 1,433.0 817.4 14.7 832.0 859.3 -451.9 -573.7 August 1,156.0 1,474.9 865.9 17.6 883.5 918.6 -290.1 -556.3 September 1,184.8 1,486.3 870.0 26.9 896.9 899.0 -314.9 -587.3 October 1,236.3 1,393.7 1,012.0 22.8 1,034.7 1,041.3 -224.3 -352.3 November 4,307.9 1,569.7 1,001.3 21.5 1,022.8 1,031.8 -3,306.6 -537.8 December 1,987.1 1,551.1 978.2 24.0 1,002.2 987.7 -1,009.0 -563.4

2014 (b) January 1,639.5 1,655.5 886.9 28.6 915.5 898.0 -752.6 -757.4 February 1,267.6 1,420.4 839.7 10.0 849.7 841.0 -427.9 -579.4 March 1,666.6 1,672.1 1,067.3 10.1 1,077.5 1,069.9 -599.3 -602.2 April 1,586.7 1,444.5 756.0 17.4 773.4 762.2 -830.7 -682.2

(a) Adjusted for lags and other factors of recording Sources : Sri Lanka Customs (b) Provisional Central Bank of Sri Lanka

Central Bank of Sri Lanka w Bulletin w May 2014 w 355 32 841.0 807.6 899.0 898.0 762.2 859.3 987.7 696.5 793.9 918.6 Total 2,309.6 2,358.4 2,298.0 2,424.9 2,468.9 2,808.9 2,677.0 9,773.5 3,060.9 1,041.3 1,069.9 1,031.8 10,558.8 10,394.3 Exports (a) TABLE US dollar millions 4.0 7.4 2.1 3.1 2.1 1.9 2.2 1.7 1.9 2.4 1.7 32.9 11.0 11.0 14.6 13.2 19.1 37.6 51.6 16.6 61.3 23.5 12.7 10.8 33.4 Mineral Exports 58.1 70.5 69.7 60.8 65.0 86.7 26.5 77.0 20.2 27.6 30.8 89.0 26.4 24.5 30.3 29.6 32.7 25.7 23.8 26.2 29.1 Ceylon Petroleum Corporation and other Exporters of Petroleum Authority National Gem and Jewellery Sri Lanka Customs Central Bank of Sri Lanka 240.6 306.2 253.5 Other

Sources : 9.5 8.8 5.9 6.7 9.7 9.6 88.7 21.7 18.3 22.1 21.0 14.1 38.2 13.0 76.0 30.5 10.7 12.1 30.4 12.0 10.7 10.1 14.5 101.3 Minor Products Agricultural 59.4 65.4 64.8 91.8 65.8 52.3 28.1 16.7 40.6 17.9 10.9 17.4 19.3 38.4 44.3 41.0 34.9 26.0 17.7 235.2 256.1 355.4 123.3 101.9 Spices 45.4 55.6 54.3 39.6 14.9 23.5 50.4 45.9 64.0 77.5 19.1 22.5 24.4 14.7 15.8 17.8 18.7 23.1 20.8 20.1 31.4 266.0 208.9 204.6 Agricultural Exports Coconut Products 3.8 5.9 5.6 8.4 4.7 5.7 4.1 3.8 5.4 5.8 5.5 7.9 5.0 71.3 13.6 14.7 28.1 23.8 19.4 24.0 19.2 19.4 206.4 125.1 Rubber Tea 116.0 116.0 115.6 116.1 116.1 116.8 350.6 418.7 346.3 333.6 140.3 349.6 380.3 439.3 387.0 106.4 128.2 135.6 142.8 146.8 144.1 148.4 155.3 1,490.9 1,411.9 1,411.9 1,542.2 Exports 117.3 117.3 114.1 115.1 Other 348.5 352.2 332.4 338.1 357.1 393.0 441.2 425.8 108.2 123.0 108.2 129.9 172.5 132.0 136.7 134.7 176.1 109.0 1,831.4 1,498.8 1,480.1 90.0 96.1 44.7 49.2 27.4 30.1 48.3 30.5 30.2 28.6 31.2 33.2 29.5 33.4 32.2 552.7 116.6 116.6 110.5 121.3 108.9 463.0 427.7 101.4 107.6 Products Petroleum 95.5 31.8 33.6 40.5 43.3 46.6 41.5 38.1 40.3 27.2 38.6 25.5 31.4 23.5 531.5 Gem, 114.9 114.9 106.0 131.4 105.5 558.9 445.5 145.6 142.0 102.6 Jewellery Diamond & Industrial Exports 70.2 81.0 57.9 58.2 68.0 69.0 67.9 77.7 73.3 94.5 83.5 93.9 73.2 884.8 195.2 218.9 271.8 224.4 859.4 887.8 199.5 210.8 215.1 201.9 Rubber Products

and 396.2 456.7 336.8 950.8 275.0 318.9 356.9 372.5 366.5 386.9 436.4 491.4 453.9 412.0 946.1 990.0 Textiles Textiles 1,125.8 1,381.7 1,264.8 4,191.2 3,991.1 1,018.8 1,050.0 4,508.3 Garments February March April 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter April May June July August September October November December January 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter Period

exports includes unclassified exports. Total (a) (b) Provisional 2014 (b) 2014 (b) 2013 (b) 2012 2013 (b) 2012 2013 (b) 2011 2011 TRADE, TOURISM AND BALANCE OF PAYMENTS PAYMENTS OF BALANCE AND TOURISM TRADE,

356 w Central Bank of Sri Lankaw Bulletin w May 2014 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 33 Composition of Industrial and Mineral Exports US dollar thousands April (a) January – April (a) Item 2013 2014 2013 2014

Food, Beverages & Tobacco 16,848 18,624 69,597 98,773 Milling Industry Products 3,550 4,247 15,065 13,783 Vegetable, Fruit and Nuts Preparations 5,074 5,810 18,362 26,300 Cereal Preparations 1,950 1,195 6,055 6,434 Fish Preparations (b) 127 70 244 194 Manufactured Tobacco 1,921 3,204 16,163 16,722 Other 4,226 4,100 13,707 35,340 Animal Fodder 4,089 5,031 19,181 22,571 Textiles & Garments 274,984 336,790 1,324,956 1,601,627 Garments 254,836 318,214 1,233,222 1,518,353 Woven Fabrics 11,598 6,983 54,722 32,227 Yarn 4,537 5,015 19,057 24,327 Other made up textile articles 4,013 6,578 17,955 26,720 Rubber Products 58,226 57,878 260,111 282,309 Rubber Tyres 36,914 36,766 164,007 180,255 Surgical and Other Gloves 14,002 12,289 58,213 52,643 Other Rubber Products 7,309 8,824 37,891 49,412 Gems, Diamonds & Jewellery 31,822 23,550 134,440 119,049 Gems 10,905 11,546 40,768 54,648 Diamonds 18,950 10,423 85,669 57,718 Jewellery 1,966 1,580 8,003 6,682 Machinary & Mechanical Appliances 19,948 24,081 91,072 99,650 Electrical Machinery and Equipment 2,224 3,382 9,994 14,589 Electronic equipment 6,609 7,483 28,248 33,062 Insulated Wires, Cables and Conductors 3,457 3,993 18,378 16,130 Other Industrial Machinery 7,658 9,222 34,452 35,869 Transport Equipment 11,672 3,415 51,245 49,390 Road Vehicles 2,330 1,675 9,940 13,105 Ships, Boats and Floating Structures 3 326 26,775 28,115 Other 9,339 1,414 14,531 8,170 Petroleum Products 44,680 32,221 152,233 128,294 Bunkers & Aviation Fuel 44,476 31,187 151,272 124,863 Other Petroleum Products 204 1,034 961 3,431 Chemical Products 10,599 10,439 36,697 44,036 Wood & Paper Products 11,013 9,938 37,798 40,360 Leather, Travel Goods and Footwear 4,810 8,977 18,096 40,865 Footwear 963 4,816 6,055 26,440 Travel Goods 2,351 3,097 7,206 8,900 Other 1,496 1,064 4,836 5,524 Plastics and Articles 5,118 4,638 17,285 21,844 Base Metals and Articles 5,644 3,726 18,038 16,721 Ceramic Products 2,555 2,809 11,061 13,115 Tiles 647 850 2,443 2,548 Tableware, Household Items and Sanitaryware 1,716 1,621 7,441 9,591 Other 191 338 1,177 976 Other Industrial Exports 15,924 17,355 76,281 87,557

TOTAL INDUSTRIAL EXPORTS 517,933 559,472 2,318,093 2,666,160

Mineral Exports Natural Graphite 379 351 1,201 1,491 Natural Sands 15 – 18 1 Quartz 617 792 2,746 3,015 Other 916 787 1,993 34,979

TOTAL MINERAL EXPORTS 1,926 1,930 5,958 39,486

(a) Provisional Sources : Ceylon Petroleum Corporation (b) Including crustaceans and molluscs. and other Exporters of Petroleum National Gem and Jewellery Authority Sri Lanka Customs Central Bank of Sri Lanka

Central Bank of Sri Lanka w Bulletin w May 2014 w 357 34 kg) pore No.3 354.11 315.89 370.39 378.62 362.69 285.89 349.39 453.56 390.46 354.89 379.05 324.99 327.02 333.52 322.26 288.91 328.51 605.91 422.33 310.59 296.53 272.24 276.25 314.83 cents/ R.S.S. Singa- (Sing. $ Br TABLE 262.54 359.91 347.97 321.74 245.28 309.23 409.51 345.07 319.71 328.67 316.83 315.89 310.63 296.25 264.75 235.67 462.24 376.57 254.57 256.50 243.68 216.14 268.29 Scrap Crepe No. IX No.1 407.11 408.03 392.71 386.17 364.56 317.46 389.69 432.06 385.16 345.67 371.86 376.14 389.78 399.38 413.88 413.13 297.40 566.60 405.00 403.86 340.83 314.14 292.56 Latex Crepe Sri Lanka Customs Board Tea Sri Lanka Colombo Association Rubber Traders’ Rubber Statistical Bulletin Bank World Central Bank of Sri Lanka Colombo Tea Association Brokers’ Colombo Tea

414.53 399.56 388.72 374.99 324.73 397.28 439.08 392.40 361.00 379.56 384.40 397.13 405.00 419.50 415.86 417.81 305.00 574.93 410.84 409.94 348.75 320.43 302.29 Br. IX Prices Sources : No.2 340.89 373.69 297.78 395.61 382.85 379.46 407.21 401.01 307.59 369.21 370.00 385.08 385.25 382.33 370.80 353.67 326.00 289.00 440.07 382.78 366.00 505.76 409.56 320.33 284.00 287.14 343.00

Colombo Market (Rs./kg) No.1 350.26 379.89 305.49 407.89 388.59 390.05 376.90 374.17 389.50 393.27 393.50 383.38 361.50 342.31 300.25 444.48 387.40 376.00 508.80 416.47 321.54 294.69 289.27 346.98 R.S.S. 2.79 3.19 2.78 3.15 2.78 2.98 3.02 3.15 3.32 3.10 2.97 2.91 2.78 2.76 2.79 3.70 3.17 3.12 4.84 3.35 2.79 2.75 2.89 2.85 kg) Price F.O.B. (US $ /

Rubber Total 19 3.8 13.6 19.4 19.4 24.0 14.7 71.3 28.1 23.8 206.4 125.1

3 Other 1.6 3.0 2.9 2.9 2.5 0.6 4.7 3.8

10.5 27.4 22.5 Crepe 14 9.2 9.7 2.6 (US $ mn) 13.4 12.3 13.1 47.2 14.7 13.8 64.1 116.2

2 Sheet

Value Value 2.8 3.0 4.2 8.0 2.4 0.6 8.7 6.2

13.6 62.8 38.5 Total

4,265 6,883 6,972 1,793 1.2 3.8 0.6 5.7 1,247 1.0 2.8 0.4 4.1 1,213 0.6 2.4 0.7 3.8 1,800 1.0 3.5 0.8 5.4 1,912 0.8 3.8 1.0 5.6 2,083 0.3 4.5 0.9 5.8 2,864 1.4 5.5 1.1 7.9 1,808 0.3 3.9 0.9 5.0 6,158 8,635 4,925 3,023 1.5 5.2 1.7 8.4 2,141 1.1 4.4 0.4 5.9 1,613 0.2 3.4 1.1 4.7 1,225 1,937 0.5 4.4 0.6 5.5 7,597

23,586 42,606 Other 515 934 187 125 259 333 375 350 377 316 864 966 648 174 401 203 207

1,138 1,749 3,624 1,188 5,671 7,024 37,377 Crepe 825 737 801

1,511 4,635 1,206 1,107 1,213 1,582 1,921 1,339 2,832 5,015 3,907 4,300 3,057 1,790 1,506 1,134 4,030

15,210 23,375 Volume (’000 kg) Volume Sheet 78 400 297 218 360 324 150 218 566 153 918 934 902 221 586 461 1,200 1,387 2,587 1,997 4,307 1,209 7,513 4,752 2,379 19,131 11,222 Exports All 429.11 443.11 Teas 428.68 417.42 413.21 440.48 475.64 494.66 488.24 497.97 469.45 392.40 445.83 509.72 481.15 463.49 Tea and Rubber – Auctions and Exports and Auctions Rubber – and Tea Low 455.40 458.16 440.47 458.81 494.92 529.51 513.01 532.55 491.79 441.73 464.73 407.47 470.88 543.19 509.79 491.83 398.82 376.26 361.70 388.28 420.74 428.75 432.87 445.83 420.45 429.91 514.92 486.77 359.14 420.04 405.62 380.63 414.75 412.97 389.67 380.51 452.03 417.48 390.24 435.82 525.02 493.62 399.06 451.90 417.38 414.12 352.88 423.99 396.60 366.46 442.54 406.34 13,561 321.24 381.17 360.68 Medium Gross Price (Rs./kg) Colombo Auctions High 375.56 347.87 369.49 403.21 451.85 434.70 442.51 442.73 435.23 417.53 408.18 378.91 351.43 405.66 451.85 439.29 417.48 (kg. Sold ’000) 397.27 74,113 77,509 442.12 20,341 37,057 26,366 23,352 24,459 29,778 24,749 23,663 26,299 72,836 428.38 84,857 86,260 356.96 74,177 78,190 439.98 24,553 26,657 26,856 84,336 355.23 28,862 347.44 290,172 333.82 313,043 323,484 Quantity 5.14 4.87 4.79 4.54 4.54 4.87 5.08 5.28 5.12 5.02 4.35 4.52 4.70 4.78 4.65 5.16 5.31 5.16 5.01 4.62 4.41 4.82 4.35 4.67 Price Price F.O.B. US $ / kg 116 116 117 116 387 106 128 136 143 140 147 144 148 155 350 380 334 351 419 439 346 mn 1,491 1,412 1,542 US$ Value Exports 28,791 28,892 27,273 29,004 21,881 22,399 30,953 23,318 75,233 21,833 26,734 24,833 29,880 31,450 80,320 84,095 70,985 73,400 90,120 85,168 79,641 323,012 319,946 319,673 Volume (kg ’000) Tea Sep Oct Nov Dec Jan Feb Mar Apr 1st Qtr 1st Apr May Jun Jul Aug 3rd Qtr Qtr 3rd 4th Qtr Qtr 1st Qtr 2nd Qtr 3rd 4th 2nd Qtr 2nd Period

PAYMENTS OF BALANCE AND TOURISM TRADE, (a) Provisional (a) 2014 2014 (a) (a) 2014 2013 2012 (a) 2013 2011 2011 (a) 2012 2013

358 w Central Bank of Sri Lankaw Bulletin w May 2014

(US$ / kg) / (US$

35 Coconut Desiccated

1.98 1.59 1.75 1.97 2.37 2.40 1.60 1.41

Sri Lanka Sri 2.02 2.72 1.95 1.98 1.87 1.89 2.37 2.35 2.47 2.46 1.99 1.57 2.36 2.19 2.17 2.57

(US$ / kg) / (US$

TABLE

Copra Philippine 0.57 0.53 0.52 0.52 0.73 0.85 0.76 0.64

0.58 1.10 0.49 0.56 0.54 0.56 0.77 0.80 0.86 0.89 0.85 0.52 0.61 0.61 0.80 0.70

London Market (a) London Market Copra (c) Copra Coconut Development Authority Sri Lanka Customs The Public Ledger Bank World Central Bank of Sri Lanka –

115.80

143.81 121.22 131.67 143.58 161.49 159.45 156.81 105.16 114.29 145.14 145.07 138.62 150.84 141.15 142.99 166.17 168.67 154.43 155.25 153.39 141.27 147.28

Oil Coconut Coconut Sources : 251.55 253.63 225.84 241.47 247.15 269.10 275.23 220.19 254.41 201.08 252.32 262.08 245.36 255.34 244.90 255.48 268.08 275.13 274.12 276.44 277.94 242.48 283.75 212.42

Prices

Coconut Desiccated Colombo Market (Rs. / kg) Colombo Market

228.81 209.39 264.69 239.07 275.59 222.13 223.00 231.11 272.07 277.77 280.71 276.37 298.31 300.20 229.00 292.04 173.19 Copra

1.45 239.60 – – – – 1.27 180.96 1.42 1.46 226.65 1.61 280.63 1.51 285.13 1.09 1.23 180.62 1.12 157.98 1.49 1.15 1.45 1.62 1.59 1.45 1.52 1.58 1.71 1.46

Oil Coconut Coconut

4.29 3.99 4.03 4.69 4.80 4.96 3.99 4.08 3.88 (US $ / kg) 4.48 4.87 4.27 4.72 5.46 4.98 4.00 4.64 4.25 4.35 4.97 4.71 5.01 4.75 4.63

Coconut

F.O.B. Desiccated

1.52 1.45 1.25 1.46 1.82 1.95 1.65 1.72 1.53 1.55 1.34 1.49 1.80 1.97 2.02 2.76 1.53 1.44 1.64 1.72 1.96 1.92 1.96 1.53 Total

14,714 18,731 20,787 22,529 24,437 55,620 14,893 17,812 19,078 23,081 20,139 23,494 31,433 45,949 39,628 45,368 64,006 77,456 15,760 54,309 50,435

204,623 265,974 208,898

Products Non-Kernal 9,193 9,002 9,298 9,659 11,559 11,196 11,800 11,048 32,099 10,100 10,439 13,079 10,888 14,057 30,226 25,334 27,855 33,574 36,745 32,443 33,379 118,861 129,318 129,220

– – – – 0 Copra 11 11 15 17 32 13 28 49 90 30 34 31 74 34 106 678 139 181

2,473

Value (US $ ’000) Value Oil Coconut 985 908

7,721 1,408 1,874 1,731 1,871 1,778 1,626 1,480 2,218 3,492 2,186 9,960 2,144 3,055 3,201 4,123 4,513 5,275 7,191 1,730 2,690

17,112

Coconut Desiccated 8,115 4,536 4,483 5,837 6,264 6,897 7,797 9,214 9,217 4,337 11,154 11,064 68,544 10,375 13,855 69,039 19,583 12,578 13,356 18,999 25,126 33,447 14,185 126,462

Major Coconut Products – Auctions and Exports and Auctions Products – Major Coconut

Mn. Nuts (b) Nuts Mn. Total 28 26 35 35 36 40 37 40 39 46 62 47 94 75 76 79 25 79 117 379 386 351 106 147

0 9 – – – – 7 9 7 Copra 11 71 22 18 29 71 21 23 20 49 23 113 622 161

2,146

Oil Coconut 345 271 443 735 439 765 793 879 202 373 304 441 213 398 377 377 526 694

1,931 2,499 3,821 1,051 1,098 1,449

Volume (’000 kg) Volume Coconut Desiccated 4,710 4,678 5,402 7,067 5,535 8,684 8,876 9,140 3,373 2,828 2,939 4,059 4,200 4,203 4,728 4,341 9,262 11,397 45,879 41,776 44,257 12,463 13,779 17,147 Exports Dec Jan Feb Mar Apr Apr May Jun Jul Aug Sep Oct Nov 4th Qtr 4th Qtr 1st Qtr Qtr 2nd Qtr 3rd 4th Qtr 1st 2nd Qtr Qtr 2nd 3rd Period

This refers to prices of the best quality copra. Provisional Computed from weekly averages. the volume of the conversion of the conversion formula used for Annual Report 2013 gives the 14 in the Table of Footnote (d) three main types of coconut exports to their nut equivalent (from kgs). three main types of coconut exports to their nut equivalent (c) (d) (a) (b)

2014 (d) 2013 (d) 2013 (d) (d) 2014 2011 2011 2012 2013 (d) 2012 PAYMENTS OF BALANCE AND TOURISM TRADE,

Central Bank of Sri Lankaw Bulletin w May 2014 w 359 Other 8,132 8,045 7,269 6,615 5,235 7,646 9,596 6,334

3,110 2,750 1,410 1,621 2,539 3,432 2,654 2,079 2,824 2,607 3,557 1,881 2,471

30,062 27,642 25,716 Cashew nuts Cashew 9 6 TABLE 36 TABLE 8 7 2 7 3 1 6 7 … … … Volume (’000 kg) Volume 18 18 51 23 19 51 23 11 11 12 311 146

: Sri Lanka Customs Essential Oils Essential 7 8 6

5 7 4 2 4 5 8 7 4 7

13 13 20 17 29 52 49 33 Source 11 11 10 16 Betel Leaves Betel 792 688 767 777 528 175 900 384

237 254 212 222 300 216 290 296 321 279 224 262 244

3,024 Arecanuts 249 416 105 704 907 985 936

1,716 3,088 1,415 3,565 1,326 5,474 9,783

1,111 1,111 1,207 1,916 1,167 1,246 1,295 2,263 2,233 Coffee 5 6 5 3 2 3 3 2 1 1 1 3 4 1 1 1 1 1 2 40 19 10 2,177 2,845 10 2,435 1,934 37

Minor Agricultural Minor Agricultural Products

9 Cocoa 1 1 4 7 6 6 23 17 52 90 21 30 10 12 55 12

305 168 102

101 Sesame Seeds Sesame 1 … 74 96 1,231 … 36 479 384 4,343 305 303 247 526 174 222

1,114

1,758 2,025 2,524 1,113 1,113 2,698 1,616 Cereals 471

7,350 133 3,877 772

1,212 1,264 1,306 1,755 1,028 1,815 1,158 1,647 2,318 2,765 1,094 1,623 11,209 15,746 17,637 6,507 28,540 38,765 Fruits

6,941 5,062 6,303 3,681 8,095 4,185 7,417 3,382 4,840

2,784 2,369 5,059 2,876 3,557 2,429 2,882 2,217 2,831 3,204 3,454 3,959 3,034 6,389 11,717 10,393 33,532 20,007 26,592

Tobacco Unmanufactured Unmanufactured 73 72 63 83 48 63 56 240 214 270 353 301 249 396 708 861 179 7,781

118 118 156 103 128 152 126

1,142 Vegetables 9,282 2,784 3,086 4,270 6,099 7,792 2,653 2,380 1,182 1,054 2,034 1,664 2,389 2,047 2,744 3,734 2,804 2,444 1,695 3,653 3,451 22,737 13,446 10,814

Other Spices Other

42 43 62 39 46 82 42 67 58 95 86 65

267 109 147 166 690 910 879 219 158 Mace

Exports of Other Agricultural Products – Volume Agricultural Other of Exports Nutmeg and and Nutmeg 81 266 417 530 384

110 110 226 156 134 240 405 356 332 262 195 296 108

1,911 1,620 Cloves 61 792 1,093 667 354 480 504 668 390 304 393 221 178 100 105 170

5,208 2,918 Spices Pepper 872 395 426 338 955 197 2,095 750 433 1,694 266 752 239 245 5,734 575 456 5,065 2,581 1,131 1,943 2,633 3,940 2,884 2,652 1,825 1,057 10,532 21,703 5,483 2,306

Cinnamon 827 986 422 697 709 940 1,031 4,072 2,610 2,683 1,989 2,346 4,029 1,338 4,643 9,457 1,363 4,550 5,534 2,844 1,404 1,605 1,634 1,641 1,588 1,321 5,255 2,866 13,747 14,762 14,148

January February March April 4th Quarter 4th Quarter Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th 1st April May June July August September October November December 3rd Quarter 3rd Quarter 2nd Period

TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE, 2014 (a) (a) Provisional 2013 (a) (a) 2013 (a) 2014 2011 2011 (a) 2012 2013 2012

360 w Central Bank of Sri Lankaw Bulletin w May 2014 Total 96,771 92,855 99,255

58,971 56,232 34,366 35,235 58,410 60,264 42,544 42,866 32,756 50,525 29,913 27,391 40,159

109,760 529,214 103,013 174,906 379,241 387,553 152,040 125,572 US $ ’000 Other TABLE 37 TABLE 7,281 3,714 6,516 2,368 1,864 1,980 2,245 1,752 1,867 1,740 2,172 1,734 2,408 1,988 1,622 3,056 22,809 21,650

: Sri Lanka Customs Cashew nuts Cashew 2 3 3 82 5,528 87 5,484 48 82 10 89 95 23 72 56 231 598 241 249 256 3,897 477 4,484 180 5,282

105 132 Source

2,615 1,343 16,350 Essential Oils Essential 65 68 94 90 511 862 234 927 160 463 249 380 198

240 146 197 463 166 123 148 202 556

1,338 1,130 Betel Leaves Betel 611 930 956 921 808 971 775 729 769 917 765 956 799

2,958 2,454 6,858 5,068

1,031 1,050 10,603 Arecanuts 361 1,468 655 140 2,485 3,740 2,669 2,490 5,047 2,747 2,171 2,913

2,111 2,111 1,660 1,478 2,303 3,359 1,927 1,461 1,939 1,945 1,051 4,225 4,217

15,883 Coffee 7 4 8 5 8 9 5 9 84 9,887 20 2,153 18 5,995 78 62 16 29 31 17 41 16 16 12 63 13 119

Minor Agricultural Minor Agricultural Products Cocoa 9 9 3 2 9 61 27 15 10 21 56 17 31 507 259 233 156 129 362 104 1,508 6,802

21,234 13,057 Sesame Seeds Sesame 1 6 0 89 91 183 135 782 517 892 540 665 563 523 241

1,751 2,140 1,790 7,692 2,448

4,270 2,531 1,784 10,400 Cereals 767 490 938 871 780 674 745 831 610 692 822

2,133 3,472 3,275

1,104 1,300 10,176 15,022 14,907 Fruits

3,231

2,372 2,125 2,323 3,572 2,229 2,378 2,410 3,029 3,503 4,371 4,613 3,510 3,832 12,486 29,107 10,433 17,094 18,068

Tobacco Unmanufactured Unmanufactured

2,711 2,711 6,106 3,514 4,556 4,432 5,242 2,979 2,494 3,232 3,557 4,523 3,539 3,639 11,312 2,507 4,837 11,940 47,615 13,888 10,932 7,017 2,199 14,177 6,821 2,195 10,566 38,407 42,184 Vegetables

7,986 3,686 3,275 8,514 5,184 5,305 3,331 9,457 4,806 2,962 3,679 5,142 6,898 9,177

1,924 2,772 2,201 2,842 1,451 1,462 2,230 3,568 2,588 1,926 3,472 3,399 2,767

24,897 16,912 13,327 Other Spices Other 581 452 840 457 541 649 789 772 432 493 474 406 748

7,586 9,396 2,320 2,489 1,756 1,979 1,873

Exports of Other Agricultural Products – Value Agricultural Other of Exports

Mace Nutmeg and and Nutmeg

5,374 5,875 2,926 6,135 8,613

3,105 2,166 3,342 4,705 3,468 1,985 2,604 1,229 1,317 1,388 3,431 4,731 4,037 28,025 13,474 1,977 22,510 Cloves 756

5,050 3,981 4,110 4,110

5,981 2,901 3,338 1,291 1,234 2,327 2,868 4,103 4,150 2,320 1,680 11,120 49,742 18,291 12,993 18,465 Spices Pepper 5,468 2,767 3,276 2,687 5,481 6,661 6,840 3,282 8,057 1,399 11,512 1,755 13,523 5,348 5,761 17,129 22,746 53,431 35,031 7,338 70,172 20,032 35,013 11,909 11,909 14,245 21,974 17,212 16,282 10,605 128,337

Cinnamon 7,767 9,665 3,973 7,170 6,540 9,133 10,168 39,444 25,254 22,844 46,410 44,090 27,599 14,509 15,566 16,335 16,183 15,181 12,726 26,613 44,397 28,218 10,132 128,878 32,126 35,885 138,598 135,529 Period January February March April 4th Quarter 4th Quarter Quarter 1st Quarter 2nd Quarter 3rd 4th Quarter 1st April May June July August September October November December 3rd Quarter 3rd

Quarter 2nd

2014 (a) (a) Provisional 2013 (a) (a) 2013 (a) 2014 2011 2011 (a) 2012 2013 2012 TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE,

Central Bank of Sri Lankaw Bulletin w May 2014 w 361 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 38

Composition of Imports US $ million

April (a) Category 2010 2011 2012 2013 (a) 2013 2014

1. Consumer Goods 2,476 3,654 2,995 3,182 272.7 263.9

1.1 Food and Beverages 1,322 1,567 1,304 1,368 126.8 108.8 Lentils 129 117 69 104 8.4 8.2 Onions 96 86 52 100 7.4 5.7 Sugar 363 426 345 289 39.1 18.7 Rice 59 18 24 18 0.8 11.1 Flour 1 14 5 2 0.2 0.1 Milk & Milk Products 259 345 307 291 22.2 25.8 Fish 128 147 134 162 11.2 9.8 Oil and Fats 19 26 20 59 4.7 0.6 Spices 72 111 68 80 6.8 5.2 Other 197 277 280 263 26.0 23.6

1.2 Other Consumer Goods 1,155 2,087 1,691 1,814 145.9 155.1 Vehicles 455 881 495 582 41.6 48.1 Home Appliances - Radio Receivers & Television Sets 45 118 118 103 10.2 4.8 Household and Furniture Items 88 127 117 125 11.2 9.2 Rubber Products 72 83 80 88 6.2 6.9 Medical and Pharmaceutical Products 217 348 372 378 33.9 32.2 Other 277 530 508 538 42.9 53.9

2. Intermediate Goods 8,054 12,275 11,578 10,554 887.9 889.3 Fertiliser 240 407 311 239 7.6 23.5 Petroleum 3,041 4,795 5,045 4,308 347.0 316.3 Chemical Products 520 702 670 734 61.5 61.8 Wheat & Maize 265 429 364 323 44.9 65.1 Textiles 1,812 2,321 2,266 2,046 154.1 179.8 Diamonds and Precious Metals 378 1,076 588 483 73.7 14.7 Base Metals 239 354 440 406 50.2 55.3 Vehicle and Mechinery Parts 176 223 211 210 18.6 15.5 Paper and Paperboards 350 427 363 380 25.8 34.8 Other 1,033 1,540 1,321 1,425 104.6 122.6

3. Investment goods 2,758 4,286 4,590 4,253 363.4 289.2 Building Materials 822 1,076 1,237 1,357 116.3 100.5 Transport Equipment 593 1,065 992 668 60.3 34.9 Machinery & Equipment 1,339 2,141 2,356 2,222 186.5 153.5 Other 3 4 5 6 0.3 0.3

4. Total ( Items 1, 2 and 3 ) 13,289 20,215 19,163 17,989 1,524.0 1,442.4

5. Unclassified Imports 162 54 28 14 1.5 2.1

6. Total Imports (b) 13,451 20,269 19,190 18,003 1,525.6 1,444.5

(a) Provisional. Sources: Ceylon Petroleum Corporation (b) Adjusted. Lanka IOC PLC Prima Ceylon Ltd. Serndib Flour Mills (Pvt) Ltd. Sri Lanka Customs Central Bank of Sri Lanka

362 w Central Bank of Sri Lanka w Bulletin w May 2014 Total 119.8 119.5 2010 = 100 130.9 137.9 122.7 144.8 164.5 150.7 108.1 127.1 138.6 149.1 146.6 168.0 166.5 159.1 172.0 127.8 123.2 131.6 123.4 144.5 122.5 135.4 Exports TABLE 39 TABLE Central Bank of Sri Lanka 74.7 98.7 98.3 110.5 119.5 359.2 245.6 132.6 137.8 320.5 449.5 716.6 106.4 175.6 128.7 734.2 618.6 631.7 286.0 275.3 254.6 131.4 120.7 Mineral Exports 1,909.5 Source: Total 118.0 110.1 113.3 114.2 113.3 115.1 128.1 107.3 107.2 145.6 149.6 132.6 101.9 141.1 150.0 145.7 155.6 147.2 145.9 154.4 120.1 120.3 121.2 122.3 90.1 114.8 162.5 121.5 139.0 199.0 197.2 247.2 109.6 181.4 232.8 190.2 174.1 209.1 186.0 196.5 281.1 234.5 120.2 139.7 137.8 126.0 253.7 207.0 Products Minor Agri. (a) 118.8 141.4 126.8 107.3 122.8 156.6 179.1 216.2 122.0 149.5 158.2 161.9 193.9 174.6 168.8 263.1 204.5 156.9 142.0 150.8 142.4 127.5 196.9 188.7 Coconut Products Agricultural 47.0 40.4 63.3 61.7 35.2 39.6 51.4 51.7 43.7 29.9 30.2 43.2 45.2 46.5 44.4 63.3 37.4 80.3 74.4 52.4 32.0 47.2 67.6 116.5 Rubber Exports Tea 98.8 111.4 111.9 112.5 110.8 110.6 113.6 119.3 122.5 149.6 101.3 120.8 103.9 109.2 135.6 141.4 124.3 109.3 130.9 138.8 137.0 141.9 139.2 143.1 Total 113.7 145.5 145.1 177.2 127.3 128.3 136.3 130.3 139.5 139.1 132.6 126.7 148.3 174.2 159.9 130.4 136.1 142.0 153.6 149.2 176.3 177.2 169.3 157.5

External Trade Indices – Export Value – Indices Trade External 182.4 175.2 201.7 144.1 155.4 173.9 164.8 177.2 176.7 162.7 157.3 183.3 226.3 186.5 139.9 163.9 168.0 169.6 195.3 185.0 236.1 208.7 234.1 182.4 Rubber Products Industrial 185.2 155.6 175.9 169.0 205.5 197.9 177.2 207.2 191.9 183.3 206.2 192.9 158.5 168.8 227.1 250.7 141.0 159.3 256.5 163.0 159.8 151.3 164.4 174.9 Products Petroleum 153.8 164.0 188.8 139.2 129.8 138.1 138.9 127.2 156.5 190.9 174.4 109.7 127.5 144.4 154.4 152.9 162.2 181.0 203.9 187.9 170.4 122.2 134.1 140.4 Garments Textiles and Textiles Period February March April June July August September October November December 2nd Quarter Quarter Quarter 2nd 3rd 4th May January 3rd Quarter Quarter 2nd Quarter 3rd 4th Quarter 1st April 1st Quarter 1st

The value index is computed as a simple index of the ratio of rupee values between the current period and the base period. The value index is computed as a simple index of Provisional.

(a) (b) (b) 2014 (b) (b) 2014 2013 2013 (b) 2011 2012 2013 2012 (b) 2013 TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE,

Central Bank of Sri Lankaw Bulletin w May 2014 w 363 Total Total 160.6 147.1 Imports 2010 = 100 TABLE 40 TABLE 176.1 153.2 156.7 184.5 171.3 188.3 150.9 181.8 154.8 132.7 152.7 171.1 155.9 162.6 172.9 145.5 149.3 152.2 147.9 187.1 161.1 160.6 152.1 175.4 153.1 213.4 171.2 171.5 152.8 181.0 156.0 164.8 163.8 176.4 152.2 175.6 148.6 167.9 153.9 177.2 144.6 209.1 162.9 163.7 153.2 Total Central Bank of Sri Lanka Source : 188.4 182.3 205.9 205.0 185.1 153.4 174.1 171.2 169.6 128.0 169.5 154.8 158.1 197.1 177.2 195.5 171.7 189.4 167.0 190.5 210.3 193.9 176.0 Building Materials 87.8 93.8 86.4 85.2 98.1 81.6 92.8 138.2 147.4 Investment Goods 110.5 Transport Transport Equipment and 189.5 128.6 198.6 142.1 156.6 175.7 198.5 186.3 163.7 162.0 191.7 162.5 258.7 134.0 195.4 109.6 182.3 157.5 189.3 100.5 186.5 136.0 218.3 140.6 198.7 135.2 180.4 108.3 207.2 179.7 124.9 195.9 259.7 204.3 185.9 159.1 181.8 105.4 177.6 Machinery Equipment Total 149.2 147.2 161.5 171.4 147.2 148.9 162.5 134.0 147.4 160.2 130.6 154.6 178.4 180.1 153.2 149.2 162.0 155.8 155.8 172.0 171.4 147.6 151.1 153.7 155.8 (a) 46.3 30.9 51.7 and 114.9 Wheat Maize 161.2 138.5 158.6 129.0 199.3 163.3 105.2 167.5 152.3 168.1 164.8 163.6 155.4 161.4 129.2 156.5 120.1 146.9 178.2 182.7 208.1 179.2 205.6 164.8 339.9 132.1 157.9 145.5 154.5 127.5 131.5 150.0 170.1 171.8 120.0 166.2 155.1 158.3 226.1 155.7 220.1 155.4 204.8 Imports Chemicals 54.8 92.4 81.3 20.3 96.4 42.2 114.0 136.6 115.8 114.2 144.4 142.7 170.9 109.8 242.0 157.4 178.5 279.1 135.8 165.7 146.8 158.5 221.0 138.4 129.5 Intermediate Goods Intermediate Fertiliser 117.6 117.0 116.4 114.0 117.5 129.2 123.0 138.3 139.1 149.3 130.4 135.2 143.2 140.6 148.5 139.6 137.7 125.4 141.6 144.9 140.4 157.2 135.0 Textiles

External Trade Indices – Import Value Import – Indices Trade External Fuel 160.6 161.4 156.2 159.0 203.1 122.0 166.5 179.9 103.5 166.3 224.1 226.8 208.6 144.2 154.3 186.2 172.4 157.4 200.2 166.1 219.8 152.6 142.5 Total 146.9 128.9 152.2 159.1 150.2 173.5 150.8 132.4 160.9 146.8 142.2 125.6 169.8 147.8 144.4 136.2 137.8 126.4 130.0 147.4 145.9 147.4 144.4 169.6 207.1 133.6 Other 155.3 198.8 Goods Consumer Consumer Goods

89.9 181.3 99.7 and 148.5 111.9 165.1 111.0 180.2 118.0 196.9 113.3 204.4 119.7 173.1 115.3 186.7 114.0 177.7 118.1 177.2 115.9 167.0 112.4 Food 139.4 204.7 123.8 180.5 142.6 209.0 107.4 200.6 107.0 222.9 108.0 191.5 144.2 106.3 149.5 107.3 156.1 126.9 170.9 128.2 169.5 128.7 162.5 Beverages Period February March April June July August September October November December January 2nd Quarter Quarter Quarter 2nd 3rd 4th May 3rd Quarter Quarter 3rd Quarter 4th 1st Quarter 1st April 2nd Quarter 2nd

The value index is computed as a simple index of the ratio of rupee values between the current period and the base period. The value index is computed as a simple index of Provisional. (a) 2014 (b) 2014 (b)

2013 (b) 2013 (b) (b) 2014 2013 2013 (b) 2011 2012 2013 2012 TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE,

364 w Central Bank of Sri Lankaw Bulletin w May 2014 Total 111.2 110.2 110.0 112.1 115.8 116.4 113.8 2010 = 100 104.1 106.6 109.4 156.3 108.8 120.5 124.4 125.0 164.0 121.2 107.6 103.2 105.6 103.4 133.6 122.6 Exports TABLE 41 TABLE Central Bank of Sri Lanka 70.4 72.5 87.5 70.5 82.8 87.9 49.2 51.0 81.0 84.5 51.2 96.2 95.6 72.9 59.3 65.0 110.0 119.9 106.7 108.8 103.5 400.3 124.6 186.0 Mineral Exprots 1,057.5 Source: 99.2 86.7 Total 112.0 110.3 113.5 118.8 109.1 107.7 106.1 107.0 98.3 72.7 96.6 118.9 81.7 117.4 112.1 144.2 97.5 132.9 92.0 154.5 96.8 135.9 81.7 196.6 206.0 212.4 192.0 90.9 178.1 191.9 219.6 206.4 207.9 90.7 245.5 117.3 162.6 97.4 141.3 82.7 179.7 185.5 88.5 231.8 183.7 89.5 Products Minor Agri. (a) 96.4 95.2 96.7 91.8 111.0 110.0 119.1 116.3 112.7 125.1 132.6 153.7 120.8 148.2 130.6 144.5 188.4 124.9 104.7 102.0 143.4 105.0 129.6 128.1 Coconut Products Agricultural 53.3 44.3 42.4 38.5 53.9 28.9 46.5 68.9 43.8 56.6 42.7 Rubber Exports Tea 92.2 85.8 113.5 103.6 100.0 109.0 108.9 105.3 105.5 104.5 101.1 65.1 Total 84.0 54.2 114.3 116.7 81.5 33.6 116.0 82.2 29.8 119.6 90.9 29.7 119.9 85.3 38.3 112.4 98.2 83.1 118.2 80.8 69.4 115.0 119.1 147.1 129.7 122.7 82.3 49.8 172.5 113.4 69.6 120.2 93.5 48.0 121.3 96.8 127.6 136.8 134.6 188.3 123.3 128.0 120.0 45.5 127.4 95.0 108.4 71.5 41.4

External Trade Indices – Export Volume – Indices Trade External 96.7 111.8 115.8 117.9 117.0 112.6 114.6 101.7 124.0 120.0 125.2 104.2 163.1 100.2 109.0 109.6 Rubber Products Industrial 91.8 93.8 99.3 96.7 89.6 95.1 96.4 86.5 96.0 112.0 115.3 116.9 108.6 119.1 104.0 81.5 134.8 127.8 150.0 90.6 121.5 101.5 165.3 96.4 133.2 95.6 104.1 165.0 100.1 102.2 151.4 79.9 Products Petroleum 91.5 111.5 113.5 118.8 119.1 116.5 124.8 146.4 106.9 107.1 106.4 121.2 140.5 133.8 106.0 121.6 125.7 134.3 153.0 134.2 130.3 109.8 121.1 100.5 Garments Textiles and Textiles Quarter Quarter Quarter Quarter Period February March April June July August September October November December 3rd Quarter Quarter 2nd 3rd 4th 1st Quarter May January 3rd 4th 1st Quarter April 2nd

(b) (b) (b) Volume index is computed as a Laspeyre’s index. index is computed as a Laspeyre’s Volume Provisional. (a) (b) 2014 2014 (b) 2013 2011 2012 2013 2012 2013 (b) TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE,

Central Bank of Sri Lankaw Bulletin w May 2014 w 365 Total Total 116.1 115.4 119.4 118.2 116.1 112.6 121.8 124.3 127.4 124.1 128.9 126.4 128.7 Imports 2010 = 100 TABLE 42 TABLE 156.8 147.3 139.5 145.5 144.1 157.6 123.8 141.0 143.3 147.2 131.8 156.1 124.2 141.8 121.9 145.9 138.8 123.5 139.4 128.3 123.6 148.1 122.7 162.9 120.0 214.0 137.4 186.1 126.0 144.7 134.3 131.9 Total Central Bank of Sri Lanka Source : 112.8 117.1 165.6 160.5 166.5 173.0 153.9 155.9 143.1 137.6 143.2 138.8 156.3 125.1 121.2 155.0 148.2 152.1 128.5 155.4 139.4 Building Materials 76.2 90.1 64.4 90.8 191.0 89.5 150.8 90.1 94.0 84.7 74.7 73.0 129.0 126.5 Investment Goods 110.0 115.0 113.7 133.9 213.3 117.7 131.4 Transport Transport Equipment and 183.9 103.5 172.2 153.5 171.4 147.6 159.0 100.6 156.8 197.1 174.8 125.6 144.4 160.9 109.4 260.7 175.2 189.7 123.0 147.7 247.9 127.0 304.7 156.0 103.6 125.3 147.5 314.0 148.6 Machinery Equipment 97.9 99.2 Total 110.2 113.6 150.0 117.2 118.3 116.7 110.7 114.1 143.8 119.3 113.6 113.6 126.9 106.3 163.5 128.8 123.3 122.1 106.9 120.1 108.3 129.6 139.7 141.5 108.2 120.6 (a) 74.1 84.8 98.3 31.4 35.7 88.4 76.8 98.3 77.0 65.9 96.6 14.9 78.2 84.6 and 117.9 110.2 231.7 Wheat Maize 111.4 120.7 111.3 115.8 116.4 102.0 116.9 119.7 135.9 118.7 117.8 136.3 134.1 128.2 128.1 131.2 162.0 120.0 122.3 107.7 141.4 131.0 109.9 131.0 127.8 124.9 134.5 133.5 Imports Chemicals 39.9 15.9 88.4 58.7 73.2 97.0 81.2 96.0 29.1 92.4 79.8 125.8 65.4 122.9 122.3 254.3 107.5 138.6 128.1 122.1 141.5 169.7 104.5 125.0 175.0 102.8 123.1 Intermediate Goods Intermediate Fertiliser 94.6 89.8 95.8 111.7 111.7 116.5 114.3 114.3 114.8 119.4 100.1 104.7 106.1 108.2 105.1 106.4 104.5 106.0 101.7 103.4 Textiles

96.8 94.6 77.5 66.5 92.0 111.1 111.0 110.0 116.3 Fuel 105.1 140.9 120.8 141.6 128.1 121.1 101.7 136.9 103.2 185.3 122.9 External Trade Indices – Import Volume Import – Indices Trade External 99.1 111.9 119.1 119.2 126.8 106.8 119.2 117.0 117.4 114.0 114.1 Total 108.9 100.6 131.4 125.6 106.2 123.2 125.6 121.2 122.9 125.5 135.6 132.6 141.2 121.4 101.9 101.4 120.2 105.2 132.2 128.7 104.3 Other 113.6 140.5 130.7 138.8 161.9 141.6 133.4 158.0 154.0 128.4 Goods Consumer Consumer Goods

90.4 112.4 93.0 121.3 93.0 106.0 97.4 93.1 75.9 158.1 90.4 154.5 87.7 125.3 and 144.6 119.9 114.0 128.3 118.8 Food 104.8 100.7 105.1 122.2 123.7 123.1 123.9 105.0 135.3 103.6 108.5 145.2 100.1 125.3 105.4 135.1 101.5 120.2 122.3 Beverages Period February March April June July August September October November December January 2nd Quarter Quarter 1st Quarter Quarter 2nd 3rd 4th 1st Quarter May 3rd Quarter Quarter 2nd Quarter 3rd 4th April

Volume index is computed as a Laspeyre’s index. index is computed as a Laspeyre’s Volume Provisional. 2014 (b) 2014 (a) (b)

2013 (b) (b) 2014 (b) 2013 2013 (b) 2011 2012 2013 2012 TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE,

366 w Central Bank of Sri Lankaw Bulletin w May 2014 Total 118.4 114.0 119.4 117.4 110.0 112.3 115.8 110.9 116.2 114.9 118.5 2010 = 100 108.7 120.4 121.6 128.8 137.4 137.4 136.9 123.1 102.5 120.2 121.1 121.7 Exports TABLE 43 TABLE Central Bank of Sri Lanka 303.1 120.5 347.1 146.3 151.9 767.8 339.7 199.5 268.0 116.2 325.7 233.9 165.6 180.6 374.8 207.9 181.1 146.4 496.6 200.7 195.7 386.9 179.0 169.5 186.1 Mineral Exports Source: Total 110.0 131.6 122.2 123.7 126.3 136.1 136.7 137.4 124.2 136.9 124.3 136.7 131.6 137.1 141.0 127.9 137.1 124.7 134.7 130.0 133.7 133.6 135.7 99.9 84.3 75.8 82.0 96.9 84.7 95.2 90.4 98.9 89.1 95.7 94.4 140.3 111.6 112.7 114.5 116.4 102.4 107.4 130.7 109.0 102.3 101.3 122.0 126.4 Products Minor Agri. (a) 111.0 125.5 135.0 120.9 125.0 123.8 122.1 129.6 130.8 133.7 141.7 147.3 139.7 128.3 136.3 142.7 129.0 144.1 127.4 125.1 129.4 135.0 140.7 128.1 Coconut Products Agricultural 95.3 97.3 91.8 97.5 94.7 97.6 96.5 96.1 103.2 140.3 108.9 107.5 104.3 101.3 103.2 100.1 100.2 109.1 137.2 104.7 102.8 105.5 100.8 Rubber Exports Tea 117.3 119.4 129.0 131.9 103.1 145.2 120.2 122.3 131.1 134.7 139.3 135.6 138.4 135.4 131.9 131.6 133.9 124.4 136.5 134.8 138.2 120.3 93.6 Total 121.1 111.3 114.1 118.2 113.2 115.5 118.6 113.4 114.0 115.1 119.1 116.2 118.5 116.9 113.5 102.7 108.6 109.1 105.5 120.0 124.3 136.6 137.3 136.9 109.3 104.9

External Trade Indices – Export Unit Value Export Unit – Indices Trade External 119.7 167.3 172.4 169.4 176.8 132.9 154.5 190.5 142.9 184.0 148.4 152.8 195.4 166.8 170.0 175.4 184.7 188.6 176.9 224.6 159.3 175.8 173.6 175.1 Rubber Products Industrial 158.5 169.5 161.9 162.5 152.5 171.7 183.9 162.1 171.3 179.3 158.8 168.9 166.3 151.6 160.3 155.5 162.8 165.2 168.8 172.8 168.0 105.8 137.5 150.0 Products Petroleum 118.7 119.5 119.8 126.9 131.4 129.0 124.9 129.0 129.2 129.8 129.1 135.9 130.3 120.2 122.8 128.7 136.1 134.8 133.2 140.0 130.8 107.7 122.2 120.6 Garments Textiles and Textiles Period February March April June July August September October November December 2nd Quarter Quarter Quarter 2nd 3rd 4th April May January 2nd Quarter Quarter Quarter 2nd 3rd 4th Quarter 1st 1st Quarter 1st

Paasche unit value index is derived by using the rupee value index at the volume index. Paasche unit value index is derived by using the Provisional. (a) (b) (b) 2014 (b) (b) 2014 2013 2013 (b) 2011 2012 2013 2012 (b) 2013 TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE,

Central Bank of Sri Lankaw Bulletin w May 2014 w 367 of 90.9 92.0 89.3 96.2 92.7 96.6 91.4 89.4 86.3 88.5 96.0 95.5 95.7 91.7 83.9 89.6 95.3 98.0 82.3 111.4 111.3 113.6 106.4 Trade 100.2 Terms 2010 = 100 TABLE 44 TABLE Total Total 119.7 115.5 119.9 113.4 122.8 123.9 129.7 120.8 128.7 121.5 125.7 132.6 139.5 126.8 123.5 129.2 127.4 123.8 132.6 131.2 129.7 127.1 125.7 124.5 Imports Central Bank of Sri Lanka 94.2 82.3 89.8 79.9 111.7 118.6 115.2 115.4 115.1 115.4 110.5 119.9 113.0 Total Source : 131.0 118.5 117.5 114.4 119.6 114.4 Building Materials 99.8 96.0 128.3 125.3 97.4 105.4 108.7 131.5 111.8 123.7 111.5 127.8 108.3 110.6 124.8 114.8 114.1 Investment Goods Transport Transport Equipment 77.3 128.0 123.0 98.3 75.0 122.4 65.2 66.0 90.1 144.0 122.4 102.9 and 123.8 120.1 129.2 115.3 122.9 104.8 114.3 142.1 110.3 114.2 123.2 126.2 115.8 120.5 135.4 122.5 115.2 105.6 124.7 121.7 147.8 100.6 102.0 122.7 107.4 133.1 122.5 103.0 124.3 132.3 104.4 123.3 127.2 144.1 160.8 122.5 156.4 176.1 139.1 155.7 106.3 108.1 107.1 126.8 138.4 125.4 128.3 108.1 Machinery Equipment (a) 121.0 133.5 125.4 131.7 138.0 133.0 140.6 137.2 132.9 131.4 136.5 136.0 136.8 138.8 109.3 137.8 140.7 139.8 141.6 136.9 143.3 124.8 131.6 140.3 Total Maize Wheat and 133.9 114.1 174.1 116.4 148.8 115.9 Imports Chemicals 127.9 149.6 111.4 130.7 153.5 111.2 130.1 157.8 113.4 127.6 136.2 162.3 Intermediate Goods Intermediate Fertiliser

88.8 139.8 130.9 174.1 134.8 112.3 Textiles

89.8 134.5 105.2 132.0 147.6 Fuel External Trade Indices – Import Unit Value Unit Import – Indices Trade External 127.4 137.5 153.5 122.9 140.6 129.5 167.4 149.5 109.7 168.1 148.0 127.0 145.2 126.8 162.0 150.6 122.6 140.2 131.2 149.8 159.0 127.5 159.4 134.7 154.5 154.7 133.6 152.7 162.1 133.0 138.3 137.1 129.0 125.9 163.3 146.1 123.4 138.2 130.7 159.5 161.4 130.5 125.3 130.2 207.2 157.5 130.1 137.6 131.0 158.2 163.4 128.6 138.5 124.6 155.5 128.2 147.7 160.9 128.1 126.2 123.0 145.0 160.2 123.7 120.6 126.8 156.9 162.8 129.0 109.8 126.7 146.7 156.8 133.3 132.1 133.9 151.3 124.5 151.5 154.2 123.8 147.4 148.2 126.8 147.4 128.7 155.9 162.9 131.7 160.6 126.9 Total 119.7 119.4 115.0 118.4 119.6 117.5 119.0 116.0 114.7 Other Goods Consumer Consumer Goods

and Food 123.2 133.4 111.9 129.1 122.9 115.8 130.2 124.1 115.4 118.4 144.2 133.8 118.4 140.4 128.3 116.4 138.2 124.8 110.3 141.6 129.3 116.3 140.0 125.9 110.0 121.2 124.6 116.3 145.5 133.5 118.9 121.7 131.8 110.8 120.8 130.1 110.7 123.2 114.2 131.3 147.3 115.4 135.9 124.6 112.4 108.6 130.1 123.1 152.9 139.6 109.8 128.0 106.7 122.1 106.8 130.7 106.8 133.2 106.7 138.6 121.7 105.3 131.4 Beverages Period February March April June July August September October November December January 2nd Quarter Quarter Quarter 2nd 3rd 4th May 3rd Quarter Quarter 3rd Quarter 4th 1st Quarter 1st April 2nd Quarter 2nd

Paasche unit value index is derived by using the rupee value index at the volume index. Paasche unit value index is derived by using the Provisional. 2014 (b) 2014 (a) (b)

2013 (b) 2013 (b) (b) 2014 2013 2013 (b) 2011 2012 2013 2012 TRADE, TOURISM AND BALANCE OF PAYMENTS OF BALANCE AND TOURISM TRADE,

368 w Central Bank of Sri Lankaw Bulletin w May 2014 45 0 459 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. 785 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. 5,192 Flights Charter TABLE n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. Other 176,737 517,347 14,721 586,334 103,836 Arrivals by Carrier (No.) Arrivals by Carrier n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. Scheduled Airlines Sri Lanka Tourism Development Authority Development Tourism Sri Lanka 133,665 323,325 412,163 SriLankan Source : n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. 15,510 14,653 15,510 139,906 15,510 100,999 15,079 76,004 No. of Rooms (a) 269 252 n.a. n.a. n.a. 269 269 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. 259 No. of Accommodation Accommodation Capacity Hotel Units

n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. 77.2 77.1 73.9 71.2 48.5 Rate Overall Occupancy Total 80,737 74,838 90,279 90,339 311,833 112,631 855,975 421,501 107,016 337,719 245,854 320,624 123,269 107,058 109,420 153,918 146,575 141,878 133,048 370,396 192,342 1,274,593 1,005,605 4,211 2,981 4,530 5,375 5,028 4,975 3,761 4,656 6,210 3,746 4,015 5,868 11,722 11,916 14,425 240,905 Australasia Key Indicators of Tourist Industry Tourist of Key Indicators 5,511 8,687 5,000 3,667 4,659 7,569 8,544 10,902 11,872 17,354 12,676 16,664 18,820 24,837 22,927 18,657 10,844 Europe Eastern 125,695 60,836 4,411 4,490 6,169 6,463 5,729 3,279 4,715 4,439 9,270 6,909 5,489 6,042 5,514 North 15,382 15,070 America Tourist Arrivals by Region (No.) Tourist Asia 33,246 40,990 42,707 36,157 46,291 40,941 46,951 45,735 57,464 54,215 51,044 51,658 46,370 86,223 88,391 13,217 42,442 13,403 16,651 119,171 116,943 49,249 46,467 333,841 49,057 509,653 65,616 29,762 21,576 120,452 16,499 156,917 18,440 66,421 13,971 17,739 15,378 123,389 15,471 72,401 57,776 380,289 59,236 150,150 18,424 48,160 20,333

52,635 44,824 37,369 63,656 25,259 17,084 21,313 49,731 43,471 26,516 29,127 31,827 49,054 46,301 96,567 57,928 119,718 110,008 315,210 421,037 103,894 127,655 143,760 373,063 Western Europe February March April Quarter Quarter Quarter 1st 2nd 3rd Quarter 1st April May June July August September October November December January 3rd Quarter Quarter 3rd 4th Quarter 4th 2nd Quarter 2nd Year

PAYMENTS OF BALANCE AND TOURISM TRADE, (a) Graded establishments. (b) Provisional. 2014 (b) 2013 (b) 2013 (b) 2014 2013 (b) 2013 (b) 2011 2012 2013 2012

Central Bank of Sri Lankaw Bulletin w May 2014 w 369 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 46 Balance of Payments – Standard Presentation under BPM6 Format (a)

US$ million Rs. million

CURRENT AND CAPITAL ACCOUNT 2013 – 4th Quarter (b) 2014 – 1st Quarter (b) 2013 – 4th Quarter (b) 2014 – 1st Quarter (b)

Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net

Goods and Services 4,308 5,438 -1,130 4,231 5,684 -1,453 564,291 712,366 -148,075 553,046 743,017 -189,971

Goods (c) 3,061 4,514 -1,454 2,809 4,748 -1,939 400,988 591,387 -190,399 367,173 620,660 -253,486 General merchandise 3,061 4,514 -1,454 2,809 4,748 -1,939 400,988 591,387 -190,399 367,173 620,660 -253,486 Non-monetary gold – – – – – – – – – – – –

Services 1,247 924 323 1,422 936 486 163,304 120,979 42,324 185,873 122,357 63,516 Transport 440 392 48 480 361 119 57,674 51,367 6,307 62,768 47,187 15,581 Sea transport 222 205 17 238 166 72 29,121 26,847 2,273 31,114 21,688 9,426 Freight 222 205 17 238 166 72 29,121 26,847 2,273 31,114 21,688 9,426 Air transport 218 187 31 242 195 47 28,553 24,519 4,034 31,654 25,499 6,155 Passenger 193 164 29 216 177 39 25,317 21,536 3,781 28,197 23,090 5,107 Freight 25 23 2 26 18 8 3,236 2,983 253 3,457 2,410 1,047 Travel (d) 499 318 181 609 323 286 65,296 41,658 23,638 79,611 42,191 37,421 Construction 14 6 8 14 7 7 1,860 828 1,032 1,820 896 924 Insurance and pension services 28 23 5 28 20 7 3,676 3,012 664 3,595 2,634 961 Financial services 55 70 -14 66 91 -25 7,232 9,130 -1,898 8,589 11,844 -3,255 Telecommunications and computer services 194 84 110 207 101 106 25,455 11,041 14,413 27,091 13,197 13,894 Telecommunications services 32 20 12 30 24 6 4,172 2,581 1,592 3,949 3,124 825 Computer services 162 65 98 177 77 100 21,282 8,461 12,822 23,142 10,072 13,069 Other business services 9 12 -2 11 15 -4 1,205 1,522 -316 1,432 1,974 -542 Government goods and services n.i.e. 7 18 -12 7 19 -11 906 2,422 -1,516 967 2,435 -1,468

Primary Income 34 580 -546 41 477 -436 4,500 75,903 -71,402 5,308 62,355 -57,047 Compensation of employees 3 16 -14 5 16 -11 350 2,154 -1,804 663 2,065 -1,403 Investment income 32 563 -532 36 461 -426 4,151 73,749 -69,598 4,645 60,289 -55,644 Direct investment 6 335 -329 5 158 -153 734 43,869 -43,136 654 20,688 -20,035 Dividends 6 157 -151 5 69 -64 734 20,518 -19,784 654 9,047 -8,393 Reinvested earnings – 178 -178 – 89 -89 0 23,352 -23,352 0 11,641 -11,641 Portfolio investment – 122 -122 – 140 -140 – 15,996 -15,996 – 18,325 -18,325 Interest – 108 -108 – 140 -140 – 14,089 -14,089 – 18,325 -18,325 Short term – 13 -13 – 18 -18 – 1,693 -1,693 – 2,399 -2,399 Long term – 95 -95 – 122 -122 – 12,396 -12,396 – 15,925 -15,925 Other investment 5 107 -102 4 163 -159 601 13,883 -13,282 525 21,276 -20,751 Reserve assets 21 – 21 27 – 27 2,815 – 2,815 3,466 – 3,466

Secondary Income 1,756 196 1,560 1,665 231 1,434 230,010 25,637 204,373 217,638 30,176 187,462 General government (e) 12 – 12 2 – 2 1,605 – 1,605 205 – 205 Workers' remittances 1,744 196 1,548 1,663 231 1,433 228,406 25,637 202,769 217,433 30,176 187,257

Current Account 6,098 6,214 -116 5,936 6,392 -456 798,802 813,906 -15,104 775,992 835,547 -59,555

Capital Account 33 8 26 7 2 5 4,362 984 3,378 916 321 595 Capital transfers 33 8 26 7 2 5 4,362 984 3,378 916 321 595 General government (f) 23 – 23 3 – 3 2,980 – 2,980 380 – 380 Private capital transfers 11 8 3 4 2 2 1,382 984 398 535 321 215

Current Account and Capital Account 6,131 6,221 -90 5,943 6,394 -451 803,164 814,889 -11,725 776,908 835,868 -58,960

(Contd)

(a) The above presentation conforms as far as possible to the Balance of Payments Manual (BPM), 6th edition (2009) of the International Monetary Fund (IMF). (b) Provisional (c) Exports and imports are recorded on f.o.b. and c.i.f. valuation basis, respectively. (d) Passenger services provided for non-residents are included in transport services. (e) Includes outright grants received in the form of programme, food and commodity aid, cash and technical assistance. (f) Includes outright grants received in the form of project aid.

370 w Central Bank of Sri Lanka w Bulletin w May 2014 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 46 (Contd) Balance of Payments – Standard Presentation under BPM6 Format (a)

US$ million Rs. million

2013 – 4th Quarter (b) 2014 – 1st Quarter (b) 2013 – 4th Quarter (b) 2014 – 1st Quarter (b) FINANCIAL ACCOUNT Net Net Net Net Net Net Net Net acqusition of incurrence acqusition of incurrence acqusition of incurrence acqusition of incurrence financial of financial of financial of financial of assets liabilities assets liabilities assets liabilities assets liabilities

FINANCIAL ACCOUNT 512 982 1,403 1,402 63,476 128,589 183,190 183,304

Direct Investment 16 348 17 177 2,131 45,623 2,160 23,176 Equity and investment fund shares 16 178 17 89 2,131 23,382 2,160 11,664 Equity other than reinvestment of earnings 16 0 17 0 2,131 30 2,160 23 Direct investor in direct investment enterprise (g) 16 0 17 0 2,131 30 2,160 23 Reinvestment of earnings – 178 – 89 – 23,352 – 11,641 Debt instruments – 170 – 88 – 22,241 – 11,512 Direct investor in direct investment enterprise (g) – 170 – 88 – 22,241 – 11,512

Portfolio Investment -0.15 215 – 1,045 -19 28,191 – 136,594 Equity and investment fund shares – 107 – -48 – 14,063 – -6,279 Debt securities -0.15 108 – 1,093 -19 14,128 – 142,872 Deposit-taking corporations -0.15 100 – – -19 13,100 – – Long term -0.15 100 – – -19 13,100 – – General government – 8 – 1,093 – 1,028 – 142,872 Short term (Treasury bills) – -31 – 126 – -4,027 – 16,438 Long term – 39 – 967 – 5,055 – 126,435 Treasury bonds – 39 – -33 – 5,055 – -4,295 Sovereign bonds – – – 1,000 – – – 130,729

Financial Derivatives – – – – – – – – Other Investment -247 418 255 180 -32,345 54,774 33,251 23,534 Other equity – – – – – – – – Currency and deposits -170 198 150 -173 -22,310 25,978 19,588 -22,670 Central Bank – -1 – – – -155 – -15 Short term – – – – – -155 – -15 Long term – -1 – – – – - Deposit-taking corporations -170 199 150 -173 -22,310 26,133 19,588 -22,654 Short term -125 199 51 -173 -16,343 26,133 6,607 -22,654 Long term -46 – 99 – -5,967 – 12,981 - Loans – 94 – 241 – 12,516 – 31,512 Central Bank – -158 – -159 – -20,500 – -20,826 Credit and loans with the IMF – -158 – -159 – -20,500 – -20,826 Deposit-taking corporations – -169 – -282 – -22,189 – -36,847 Short term – -264 – -231 – -34,530 – -30,170 Long term – 94 – -51 – 12,341 – -6,677 General government – 205 – 470 – 26,873 – 61,396 Long term – 205 – 470 – 26,873 – 61,396 Other sectors (h) – 217 – 213 – 28,331 – 27,790 Long term – 217 – 213 – 28,331 – 27,790 Insurance, pension and guarantee schemes – – – – – – – – Trade credit and advances 35 -50 -87 224 4,610 -6,589 -11,416 29,283 Deposit-taking corporations -10 – 9 – -1,285 – 1,134 – Short term -10 – 9 – -1,285 – 1,134 – Other sectors (i) 45 -50 -96 224 5,895 -6,589 -12,550 29,283 Short term 45 -50 -96 224 5,895 -6,589 -12,550 29,283 Other accounts receivable/payable -112 176 192 -112 -14,645 22,870 25,079 -14,591 Central Bank – 176 – -112 – 22,870 – -14,591 Short term (j) – 176 – -112 – 22,870 – -14,591 Deposit-taking corporations -112 – 192 – -14,645 – 25,079 – Short term -112 – 192 – -14,645 – 25,079 – Special Drawing Rights (SDRs) – – – – – – – – Reserve Assets 744 1,132 93,708 147,778 Monetary gold -2 -53 -314 -6,932 Special drawing rights -8 -7 -1,031 -923 Reserve position in the IMF – – – – Other reserve assets 754 1,192 95,053 155,634 Currency and deposits 366 201 44,207 26,017 Claims on monetary authorities 389 -109 47,903 -14,378 Claims on other entities -24 309 -3,696 40,395 Securities 388 0 50,846 129,617 Debt securities 388 992 50,846 129,617 Long term 388 992 50,846 129,617

FINANCIAL ACCOUNT (NET) 469 -1 65,113 114 Errors and omissions -379 452 -53,387 58,846 (g) Includes Direct investment to BOI, CSE and other private companies. Source : Central Bank of Sri Lanka (h) Include State Owned Enterprises (SOEs) and private sector companies. (i) Include Ceylon Petroleum Corporation (CPC) and private sector companies. (j) Net transactions of ACU liabilities

Central Bank of Sri Lanka w Bulletin w May 2014 w 371 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 47 International Investment Position – Standard Presentation under BPM6 Format End period position US$ million Rs. million

FINANCIAL ACCOUNT 2012 (a) 2013 (b) 2012 (a) 2013 (b) Assets Liabilities Assets Liabilities Assets Liabilities Assets Liabilities

Direct Investment (c) 475 8,087 540 8,987 60,413 1,028,307 70,628 1,175,142 Equity and investment fund shares 472 6,311 537 6,670 59,994 802,517 70,198 872,089 Debt instruments 3 1,776 3 2,318 418 225,790 430 303,053

Portfolio Investments 0.3 9,242 – 10,725 38 1,175,266 – 1,402,337 Equity and investment fund shares – 2,188 – 2,293 – 278,199 – 299,805 Other sectors – 2,188 – 2,293 – 278,199 – 299,805 Debt securities (d) 0.3 7,055 – 8,432 38 897,067 – 1,102,532 Deposit-taking corporations 0.3 547 – 1,954 38 69,545 – 255,437 Long term – 542 – 1,954 – 68,935 – 255,437 General government – 6,508 – 6,479 – 827,522 – 847,095 Short term – 576 – 507 – 73,240 – 66,330 Long term – 5,932 – 5,971 – 754,282 – 780,765

Financial Derivatives – – – – – – – –

Other Investment 1,611 28,273 1,390 28,991 204,885 3,595,177 181,704 3,790,689 Other equity – – – – – – – – Currency and deposits 741 1,778 283 1,886 94,269 226,133 36,954 246,605 Central Bank – 205 – 6 – 26,024 – 727 Short term – 5 – 6 – 591 – 727 Long term – 200 – – – 25,432 – – Deposit-taking corporations 741 1,574 283 1,880 94,269 200,109 36,954 245,878 Short term 467 1,574 246 1,880 59,399 200,109 32,166 245,878 Long term 274 – 37 – 34,870 – 4,789 –

Loans – 23,749 – 24,355 – 3,019,962 – 3,184,524 Central Bank – 2,510 – 2,056 – 319,210 – 268,796 Credit and loans with the IMF – 2,510 – 2,056 – 319,210 – 268,796 Deposit-taking corporations – 2,800 – 2,924 – 356,046 – 382,352 Short term – 2,127 – 2,003 – 270,510 – 261,917 Long term – 673 – 921 – 85,536 – 120,434 General government – 15,616 – 15,806 – 1,985,699 – 2,066,628 Long term – 15,616 – 15,806 – 1,985,699 – 2,066,628 Other sectors (e) – 2,823 – 3,570 – 359,007 – 466,748 Long term – 2,823 – 3,570 – 359,007 – 466,748

Insurance, pension and guarantee schemes – – – – – – – –

Trade credit and advances 234 1,910 429 1,856 29,815 242,841 56,145 242,632 Deposit-taking corporations 103 – 118 – 13,087 – 15,409 – Short term 103 – 118 – 13,087 – 15,409 – Other sectors (f) 132 1,910 312 1,856 16,728 242,841 40,737 242,632 Short term 132 1,910 312 1,856 16,728 242,841 40,737 242,632

Other accounts receivable / payable 635 228 678 285 80,802 28,954 88,604 37,302 Central Bank (g) – 228 – 285 – 28,954 – 37,302 Short term – 228 – 285 – 28,954 – 37,302 Deposit-taking corporations 635 – 678 – 80,802 – 88,604 – Short term 635 – 678 – 80,802 – 88,604 –

Special Drawing Rights (SDRs) 608 609 77,287 79,628

Reserve Assets 7,106 7,495 903,590 980,028 Monetary gold 727 884 92,485 115,574 Special drawing rights 4 16 492 2,033 Reserve position in the IMF 74 74 9,353 9,636 Other reserve assets 6,301 6,522 801,261 852,786 Currency and deposits 2,012 3,309 255,801 432,619 Claims on monetary authorities 1,381 2,843 175,592 371,762 Claims on other entities 631 465 80,209 60,857 Securities 4,290 3,213 545,460 420,167 Debt securities 4,290 3,213 545,460 420,167

Total Assets / Liabilities 9,193 45,602 9,425 48,704 1,168,926 5,798,750 1,232,360 6,368,168

Net International Investment Position (Assets - Liabilities) -36,409 -39,279 0 -4,629,824 -5,135,808 (a) Revised Source : Central Bank of Sri Lanka (b) Provisional (c) Include direct investment stock position of BOI, CSE and other private companies. (d) Foreign currency and local currency debt issuances are based on market values and book values, respectively. (e) Include outstanding position of loans obtained by State Owned Enterprises (SOEs) and private sector companies. (f) Include outstanding trade credit position of Ceylon Petroleum Corporation and other private sector companies. (g) Outstanding position of ACU liabilities managed by the Central Bank.

372 w Central Bank of Sri Lanka w Bulletin w May 2014 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 48 International Reserves of Sri Lanka US$ million

Central Govern- Gross Official Commer- Total International Change in Change in End of Bank ment Reserves cial Reserves (3+5) Gross Official Total International Period Banks Reserves Reserves Value Months of Value Months of Imports (a) Imports (a) (1) (2) (3) (4) (5) (6) (7) (8) (9)

2011 6,134.0 615.3 6,749.3 4.0 1,241.4 7,990.7 4.7 139.1 (43.9) 2012 6,475.1 630.8 7,105.9 4.4 1,480.0 8,585.9 5.4 356.6 595.2 2013 7,029.8 465.4 7,495.3 5.0 1,078.4 8,573.7 5.7 389.4 (12.2)

2012 2nd Qtr 5,814.0 785.9 6,599.9 3.8 1,369.5 7,969.4 4.6 391.5 534.1 3rd Qtr 6,022.1 1,195.4 7,217.5 4.4 1,557.1 8,774.6 5.3 617.6 805.2 4th Qtr 6,475.1 630.8 7,105.9 4.4 1,480.0 8,585.9 5.4 (111.6) (188.7)

2013 1st Qtr 6,205.5 600.6 6,806.1 4.5 1,431.9 8,238.0 5.4 (299.8) (347.9) 2nd Qtr 5,984.7 555.8 6,540.5 4.2 1,267.3 7,807.8 5.1 (265.6) (430.2) 3rd Qtr 6,581.9 489.1 7,071.0 4.6 1,370.9 8,441.9 5.5 530.5 634.1 4th Qtr 7,029.8 465.4 7,495.3 5.0 1,078.4 8,573.7 5.7 424.3 131.8

2014 1st Qtr 7,285.0 774.7 8,059.7 5.3 1,429.0 9,488.7 6.3 564.5 915.0

2013 Apr 6,526.1 578.2 7,104.3 4.6 1,649.5 8,753.8 5.7 298.2 515.8 May 6,155.8 560.2 6,716.1 4.4 1,595.0 8,311.1 5.4 (388.2) (442.7) Jun 5,984.7 555.8 6,540.5 4.2 1,267.3 7,807.8 5.1 (175.6) (503.3) Jul 5,858.1 523.0 6,381.1 4.1 1,091.2 7,472.3 4.8 (159.4) (335.5) Aug 6,078.7 500.3 6,579.0 4.3 1,167.3 7,746.2 5.1 197.9 273.9 Sep 6,581.9 489.1 7,071.0 4.6 1,370.9 8,441.9 5.5 492.0 695.7 Oct 6,848.5 474.1 7,322.6 4.8 1,432.0 8,754.6 5.7 251.6 312.7 Nov 6,539.5 465.6 7,005.1 4.7 1,402.7 8,407.8 5.6 (317.4) (346.7) Dec 7,029.8 465.4 7,495.3 5.0 1,078.4 8,573.7 5.7 490.2 165.9

2014 Jan 6,823.0 1,225.6 8,048.6 5.3 1,192.2 9,240.8 6.1 553.3 667.1 Feb 7,653.5 606.1 8,259.6 5.5 1,159.2 9,418.8 6.3 211.0 178.0 Mar 7,285.0 774.7 8,059.7 5.3 1,429.0 9,488.7 6.3 (199.8) 70.0 Apr 7,741.1 1,155.7 8,896.7 5.9 1,347.4 10,244.1 6.8 837.0 755.4

(a) Available reserves are equivalent to the given number of months of imports. Source : Central Bank of Sri Lanka

Central Bank of Sri Lanka w Bulletin w May 2014 w 373 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 49

Exchange Rates of Major Currencies and Monthly Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER)

Sri Lanka Rupees per 100 units of Foreign Currency Monthly Average Index End of US dollar Pound Euro Japanese Indian SDR NEER (b) REER (c) Period sterling yen rupee (a) (2010=100) (2010=100)

2011 11,390.13 17,544.79 14,742.25 146.69 215.29 17,486.90 99.84 101.84 2012 12,716.08 20,547.28 16,812.57 147.99 232.62 19,531.10 90.44 95.80 2013 13,075.30 21,557.90 18,045.22 124.59 211.16 20,135.50 91.39 100.61

2012 2nd Qtr 13,330.44 20,712.17 16,595.06 168.24 234.67 20,229.60 88.92 94.18 3rd Qtr 12,979.43 21,098.06 16,796.68 167.39 245.08 20,016.70 88.29 95.02 4th Qtr 12,716.08 20,547.28 16,812.57 147.99 232.62 19,531.10 89.05 95.65

2013 1st Qtr 12,685.28 19,204.25 16,214.32 134.78 233.06 19,002.80 91.33 99.67 2nd Qtr 12,996.06 19,844.33 16,987.80 131.35 216.20 19,545.50 92.58 102.20 3rd Qtr 13,198.09 21,333.39 17,810.82 134.87 211.12 20,247.00 90.91 100.48 4th Qtr 13,075.30 21,557.90 18,045.22 124.59 211.16 20,135.50 90.74 100.08

2014 1st Qtr 13,069.49 21,737.83 17,973.82 127.09 218.22 20,175.50 91.19 101.11

2013 Apr 12,680.05 19,635.06 16,603.26 129.41 233.91 19,134.20 92.64 100.42 May 12,647.60 19,259.13 16,495.63 125.24 224.69 18,955.80 92.84 102.77 Jun 12,996.06 19,844.33 16,987.80 131.35 216.20 19,545.50 92.26 103.42 Jul 13,160.00 20,047.94 17,457.40 134.35 216.41 19,914.50 91.13 101.85 Aug 13,305.75 20,642.54 17,622.80 135.55 199.92 20,161.90 90.88 99.49 Sep 13,198.09 21,333.39 17,810.82 134.87 211.12 20,247.00 90.71 100.11 Oct 13,100.65 21,007.55 17,991.12 133.10 213.92 20,149.30 90.31 99.63 Nov 13,120.00 21,464.32 17,865.50 127.94 210.19 20,134.30 90.94 100.31 Dec 13,075.30 21,557.90 18,045.22 124.59 211.16 20,135.50 90.96 100.30

2014 Jan 13,069.57 21,545.84 17,715.15 127.21 208.90 20,051.30 91.42 101.39 Feb 13,100.08 21,856.83 17,956.28 128.59 211.31 20,239.20 91.28 101.39 Mar 13,069.49 21,737.83 17,973.82 127.09 218.22 20,175.50 90.88 100.56 Apr 13,059.62 21,972.81 18,031.42 127.53 216.13 20,238.40 90.51 100.14

(a) Special Drawing Rights (SDRs), the unit of account of the International Monetary Fund. Source: Central Bank of Sri Lanka (b) The NEER is the weighted average of nominal exchange rates of the 24 trading partner and competitor countries. Weights are based on the trade shares reflecting the relative importance of each currency in the currency basket. (c) The REER is computed by adjusting the NEER for inflation differentials with the countries whose currencies are included in the basket.

374 w Central Bank of Sri Lanka w Bulletin w May 2014 TRADE, TOURISM AND BALANCE OF PAYMENTS TABLE 50

Interbank Forward Market Transactions

Annualised Annualised Forward Volume (US$ million) Forward Premium Interest Differential Period (as % of spot) (a) (as % of spot)

Below 1 2 3 Over Total 1 Month 3 Months 1 Month 3 Months 1 Month Month Months Months 3 Months (%) (%) (%) (%)

2011 1,720.11 1,202.98 401.69 811.27 1,519.13 5,655.18 3.83 3.26 6.90 6.90 2012 1,381.04 654.99 283.84 748.29 1,021.20 4,089.35 9.52 9.12 10.28 10.27 2013 2,878.23 857.61 231.40 485.07 920.91 5,373.22 8.14 7.78 8.61 8.61

2012 2nd Qtr 369.24 153.96 51.26 185.47 188.60 948.53 9.46 9.19 10.92 10.92 3rd Qtr 326.72 126.71 46.59 117.08 277.75 894.84 11.00 10.38 10.93 10.92 4th Qtr 335.96 159.62 114.98 102.26 221.40 934.22 10.80 10.58 10.33 10.32

2013 1st Qtr 500.78 233.98 61.48 114.76 244.40 1,155.40 8.74 8.57 9.08 9.07 2nd Qtr 633.62 227.64 57.87 142.30 327.50 1,388.93 8.50 8.06 8.68 8.67 3rd Qtr 939.47 192.10 41.57 147.66 133.31 1,454.11 8.28 7.87 8.36 8.35 4th Qtr 804.36 203.89 70.48 80.35 215.70 1,374.78 7.04 6.62 8.34 8.34

2014 1st Qtr 852.16 242.56 66.19 119.76 243.50 1524.17 4.31 4.24 6.59 6.59

2013 Apr 214.16 50.78 13.06 52.20 102.30 432.50 9.33 9.58 8.96 8.96 May 187.99 97.71 38.40 46.75 132.35 503.20 8.65 7.85 8.66 8.65 Jun 231.47 79.15 6.41 43.35 92.85 453.23 7.50 6.75 8.40 8.40 Jul 370.73 84.74 19.10 62.63 62.50 599.70 7.60 7.29 8.37 8.36 Aug 368.84 54.55 18.50 67.99 40.31 550.19 9.36 8.21 8.35 8.35 Sep 199.90 52.81 3.97 17.04 30.50 304.22 7.86 8.09 8.35 8.35 Oct 221.66 70.73 29.65 26.65 51.75 400.44 7.94 7.44 8.68 8.68 Nov 318.06 71.91 8.12 25.80 91.95 515.84 8.04 7.64 8.78 8.78 Dec 264.64 61.25 32.71 27.90 72.00 458.50 5.12 4.78 7.55 7.55

2014 Jan 297.33 82.05 32.93 28.61 83.50 524.42 3.17 3.41 6.78 6.78 Feb 288.43 71.15 20.90 57.40 96.25 534.13 4.78 4.41 6.54 6.54 Mar 266.40 89.36 12.36 33.75 63.75 465.62 4.97 4.91 6.45 6.44 Apr 243.90 72.30 28.75 34.00 74.45 453.40 4.91 5.31 6.38 6.38

(a) Annualised Forward Premium (f d) is computed using the following formula. Source: Central Bank of Sri Lanka d T f = {[ Ft - St ] / St } * 100 * (12/T) T Where Ft is the forward rate for period t that exists in period t (T = 1,3) and St is the interbank spot rate at period t.

Central Bank of Sri Lanka w Bulletin w May 2014 w 375 (f) Rs. million 2 (11) M Broad Money Supply (9)+(10) 3,175,119 2,883,490 2,788,337 2,192,603 2,593,185 3,058,793 2,381,343 2,455,010 2,593,185 2,749,442 2,843,835 2,937,208 3,058,793 2,799,417 2,843,835 2,875,610 2,937,208 3,002,427 2,997,741 3,058,793 3,094,570 3,120,241 3,165,810 3,165,810 51 TABLE : Central Bank of Sri Lanka (10) Public Deposits Savaings Time and Time 2,521,114 2,521,114 Source 2,430,397 2,335,253 1,753,896 2,143,136 2,574,215 1,948,563 2,015,256 2,143,136 2,284,029 2,399,792 2,477,370 2,574,215 2,356,809 2,399,792 2,430,857 2,477,370 2,543,369 2,574,215 2,613,687 2,628,602 2,654,400 2,667,723 2,654,400 held by the 1 M (9) 511,410 511,410 511,410 511,410 453,092 481,314 453,085 438,707 450,049 484,578 432,780 439,753 450,049 465,413 444,043 459,839 484,578 442,608 444,043 444,753 459,839 454,372 484,578 480,883 491,639 507,396 Money (3)+(7) Supply Narrow (b) (8) Total 911,618 810,441 825,194 841,639 818,293 840,230 849,365 796,800 818,293 824,822 849,365 787,347 796,800 784,988 818,293 880,878 826,885 828,061 895,901 828,061 (5)+(6)+(7) 2 (7) Public 200,011 200,011 230,811 205,274 202,856 198,025 197,956 199,659 210,528 202,042 219,971 221,533 222,285 229,736 219,971 197,956 210,528 219,971 233,517 229,736 Held by the and M and 1 Demand Deposits Banks Held by 611,184 611,184 612,256 602,072 627,141 565,529 587,748 563,536 570,929 559,496 573,157 635,067 579,793 573,902 573,157 627,141 563,536 573,157 637,463 573,902 Commercial (5) (6) Gover- 25,119 25,119 ment (c) 195,836 771,688 35,488 540,364 198,510 867,583 26,084 642,989 190,463 25,560 695,596 193,066 942,315 24,436 724,812 198,510 867,583 26,084 642,989 25,182 24,725 24,268 22,159 22,682 22,736 23,454 23,450 25,165 24,279 24,807 24,423 25,165 24,268 22,736 25,165 24,921 24,423 Held by the (b) (4) Total Monetary Aggregates – M Aggregates Monetary 328,463 318,445 313,024 316,966 323,622 322,886 325,074 323,728 339,771 335,844 340,982 370,649 339,771 332,261 313,024 322,886 339,771 361,431 370,649 (1)+(2)+(3) Public 247,811 247,811 244,583 246,087 245,094 253,082 249,310 250,503 252,329 264,607 259,350 269,354 281,674 242,871 293,233 251,538 318,060 264,607 242,317 297,324 246,687 306,961 251,538 318,060 262,556 246,087 249,310 264,607 273,879 281,674 Held by the

Currency (2) (3) Banks Held by 80,652 73,862 66,938 71,872 70,540 73,576 74,571 71,399 75,164 76,493 71,629 88,975 50,362 66,522 75,164 55,007 60,274 66,522 69,705 66,938 73,576 75,164 87,552 88,975 Commercial

… … … … … … … … … … … … … … … … … … … … … … … … (1) Gover- ment (a) Held by the

of End Period January February March April May June July August September October November December 4th Quarter 4th 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter Quarter 2nd 3rd April equals currency held by the public plus rupee denominated demand, savings equals currency held by the public plus rupee denominated time deposits held by the public. and 2 Demand deposits of the government held with commercial banks and the Central Bank. Demand deposits of the government held with commercial Interbank deposits, both local and foreign, including deposits of international organizations and commercial banks with the Central Bank. Interbank deposits, both local and foreign, including with the Central Bank and commercial banks. demand deposits held Total Currency held by the Treasury and the District Secretariats. Treasury Currency held by the including subsidiary notes and coins issued by the Central Bank. amounts of currency, Total M (c) (d) (e) (a) (b) (f) 2014 2013 2013 2014 2011 2012 2013 2012 FINANCIAL FINANCIAL SECTOR

376 w Central Bank of Sri Lankaw Bulletin w May 2014 2 RM ––– 6.26 6.31 6.26 6.30 6.31 6.43 6.35 6.26 6.38 6.31 6.07 6.16 4.99 5.35 5.19 5.37 5.68 5.68 6.18 6.07 5.20 5.35 5.57 5.52 Rs. million M Money 1 Multiplier M ––– 0.99 0.99 0.99 0.98 0.99 1.03 0.96 0.99 0.99 0.99 0.98 0.98 1.00 0.93 0.93 0.91 0.89 0.89 0.97 0.98 0.95 0.93 0.91 0.87 RM 52 TABLE (RM) Money : Central Bank of Sri Lanka 507,211 507,211 488,586 465,743 488,586 456,106 465,743 466,852 471,997 488,586 485,180 494,615 521,552 515,339 439,504 484,362 473,142 512,396 500,301 500,301 466,584 521,552 457,526 484,362 500,288 Reserve Source Total 676,729 674,244 676,729 639,283 674,244 706,649 705,243 676,729 706,142 709,319 741,663 748,240 586,730 695,395 672,535 675,778 675,228 675,228 668,030 741,663 680,476 695,395 707,281 697,973 (15)+(16) ercial Banks Comm- 383,399 387,083 383,399 405,265 421,273 358,695 269,521 366,688 322,637 277,133 338,158 302,092 349,031 389,102 389,102 407,962 366,688 321,217 338,158 391,663 385,407 Net Other Liabilities tary (15) (16) (17) rities 290,846 252,200 290,846 301,385 283,970 347,447 439,797 374,975 425,604 309,597 357,237 370,443 326,747 286,127 286,127 260,068 374,975 358,212 357,237 315,618 312,566 Mone- Autho- Gross Credit 3,601,713 303,359 373,369 3,497,029 3,601,713 303,359 373,369 3,521,234 3,497,029 3,554,612 3,566,994 3,601,713 303,359 373,369 3,622,432 3,568,389 3,637,019 3,609,616 2,628,418 3,176,184 3,079,290 3,350,430 3,468,090 3,468,090 3,532,125 3,637,019 3,006,626 3,176,184 3,399,980 3,419,774 (8)+(11)+ (8)+(11)+ (12)+(13) Domestic (a) 2 to (13) (14) Credit Sector Private 2,112,622 2,327,376 2,327,376 2,271,108 2,291,182 2,309,314 2,327,376 2,283,595 2,274,608 2,251,817 2,284,020 2,298,927 1,821,472 2,172,076 2,242,278 2,242,278 2,250,844 2,298,927 2,041,583 2,172,076 2,213,756 2,224,598 - to (12) tions 71,385 91,258 80,509 68,216 91,258 Credit Public 110,648 110,953 164,674 123,726 2,271,108 164,674 123,726 123,166 124,541 164,674 133,501 144,873 129,516 162,192 137,949 101,408 2,209,576 109,374 109,374 130,176 137,949 Corpora (11) on Net 566,411 472,819 634,007 995,656 967,922 995,656 967,922 995,656 989,242 943,400 560,349 634,007 774,350 883,264 851,216 845,669 883,264 964,179 Claims (9)-(10) Net Assets Domestic Govt. (d) 1,012,213 1,005,357 1,044,618 1,019,991 1,054,885 1,054,885 Commercial Banks of sits (10) Govt. 58,011 58,011 Depo- 64,531 79,799 51,175 48,773 51,175 48,773 47,234 49,764 51,175 61,503 57,657 48,405 59,125 53,608 51,699 79,799 53,244 51,195 54,307 53,767 51,195 48,885 Assets Domestic (9) on Govt. 618,110 537,350 713,806 991,805 613,957 713,806 827,594 934,459 905,523 899,437 934,459 Claims 1,079,117 1,112,896 1,112,896 1,046,832 1,016,694 1,046,832 1,016,694 1,059,447 1,055,121 1,046,832 1,050,745 1,102,275 1,013,064 on (8) Net (6)-(7) Claims 114,007 114,007 114,007 262,742 278,843 134,274 196,501 134,274 128,051 127,782 156,229 162,051 145,258 145,517 324,186 332,041 278,843 265,095 233,175 224,361 238,553 233,175 186,926 145,258 Govt. (d) 75 75 51 411 411 411 686 498 307 426 479 618 533 859 689 686 576 468 485 444 468 462 618 of sits (7) 1,797 Govt. Depo- on (6) Monetary Survey (DomesticMonetary – M Units) Banking 114,419 114,419 114,419 Govt. 264,540 279,529 134,349 196,999 134,349 128,102 128,089 156,655 162,530 145,876 146,050 325,045 332,730 279,529 265,671 233,643 224,845 238,997 233,643 187,388 145,876 Central Bank of Sri Lanka Claims (5) -6,341 Total 55,193 74,790 50,973 95,638 77,617 50,973 19,395 48,255 (3)+(4) 112,395 114,424 114,424 112,395 150,916 154,465 135,990 178,280 261,170 270,455 313,743 270,455 - cial (4) Banks -297,112 -189,175 -284,073 -395,320 133,808 -365,050 -395,320 133,808 -324,085 -314,843 -315,005 -379,015 -377,370 -365,050 -343,944 -343,927 -395,320 133,808 -348,803 -357,573 -329,927 -327,787 -276,161 -284,073 -319,123 -315,005 -329,927 Commer (3) Net Foreign Assets (b) Net Foreign tary rities Mone- 340,090 396,468 529,128 479,473 529,128 419,723 392,460 365,979 372,674 396,765 479,473 498,409 479,917 529,128 527,083 618,743 600,382 641,530 331,354 345,367 396,468 393,914 365,979 600,382 Autho- ) 2 (2) (M -(17) Broad Money Supply (5)+(14) 3,175,119 2,192,603 2,593,185 3,058,793 3,058,793 2,788,337 2,799,417 2,843,835 2,875,610 2,883,490 2,937,208 3,002,427 2,997,741 3,058,793 3,094,570 3,120,241 3,165,810 2,381,343 2,455,010 2,593,185 2,843,835 3,165,810 ) 1 (1) (c) (M Money Supply 511,410 511,410 Narrow 438,707 450,049 484,578 453,092 459,839 481,314 454,372 484,578 480,883 491,639 507,396 459,839 2,937,208 484,578 453,085 442,608 444,043 444,753 432,780 439,753 450,049 465,413 2,749,442 444,043 (Monetary Liabilities) Monetary Aggregates Monetary

includes Domestic Banking Units (DBUs) of commercial banks. includes Domestic Banking Units (DBUs) of commercial 2 Aug Sep Oct Nov Dec Jan Feb Mar Apr Q3 Q4 Q1 Apr May Jun Jul Q2 Q3 Q4 Q1 Q2 Credit extended by the banking system to the government, net of government deposits with banks and government cash balances. Foreign assets (net) of the Central Bank and commercial banks (including outward bills). Foreign assets (net) of the Central Bank and commercial Currency and demand deposits held by the public. M of End Period (c) (a) (b) (d)

2014 2014 2013 2013 2012 2013 2011 2012 FINANCIAL FINANCIAL SECTOR

Central Bank of Sri Lankaw Bulletin w May 2014 w 377 53 (Contd.) Rs. million and 89.2 91.6 92.5 91.6 89.2 93.3 89.0 88.8 87.2 89.2 87.2 91.6 111.2 112.1 107.3 103.0 103.9 107.3 103.9 101.4 103.9 101.4 103.9 100.8 Deposit Currency Liabilities TABLE International percentage of Reserve as a Reserve as or Total Total Assets Liabilities 1,378,273.1 1,141,717.2 1,284,447.9 1,390,208.3 1,274,810.3 1,268,976.9 1,356,879.0 1,390,208.3 1,284,447.9 1,246,007.5 1,203,915.0 1,246,007.5 1,203,915.0 1,246,007.5 1,496,923.0 1,434,287.9 1,222,238.2 1,183,638.9 1,392,288.5 1,280,408.9 1,187,037.7 1,225,902.5 1,187,037.7 1,150,167.1 and Other Assets 67,367.9 36,256.9 37,165.1 92,098.8 44,683.7 62,399.2 89,329.5 92,098.8 37,165.1 71,755.1 60,886.2 71,755.1 60,886.2 71,755.1 42,715.8 56,863.0 59,304.8 35,999.3 68,049.5 31,446.5 35,864.6 31,446.5 33,566.4 Accounts 101,192.8 0.0 – 0.0 0.0 – (b) and 5,251.5 6,369.1 5,251.5 6,369.1 5,251.5 16,495.6 96,767.0 10,635.8 62,293.6 68,902.3 Securities 110,936.7 169,797.0 168,237.0 168,237.0 219,970.0 228,300.0 137,865.1 107,979.5 107,979.5 Guaranteed Government Government Domestic Assets Other 1,375.3 1,844.2 2,313.5 1,844.2 1,375.4 1,724.2 1,375.4 1,374.9 1,843.6 1,724.2 1,724.1 1,375.4 1,375.3 1,374.9 1,541.7 2,197.3 1,844.1 1,470.6 1,843.2 1,470.6 1,470.0 1,724.1 2,198.6 1,470.4 Loans and Advances to Govern- 96,744.5 111,291.8 111,291.8 111,291.8 112,760.4 112,760.4 146,034.7 109,167.1 127,979.6 109,167.1 145,876.0 128,078.1 127,979.6 128,101.8 109,167.1 146,019.4 145,876.0 146,050.4 ment Total 965,909.8 838,606.8 94,743.0 965,909.8 1,056,644.3 1,029,046.0 1,006,955.9 1,058,458.4 1,150,858.6 Assets 1.2 1,248,138.1 66.7 1,146,999.6 25.5 22.9 944,844.2 127,806.0 56.2 920,478.0 125,663.1 41.6 52.5 19.3 1,003,437.9 28.2 949,197.3 128,060.7 56.2 920,478.0 125,663.1 64.1 976,517.5 125,094.2 41.6 1,006,955.9 38.0 1,076,751.8 59.7 994,520.4 128,089.5 88.2 1,109,519.0 52.5 1,150,858.6 57.5 918,130.9 128,097.1 bles 103.8 1,058,458.4 103.8 103.8 1,058,458.4 Receiva- 2,931.1 2,590.3 32,588.4 IMF Assets Related 83,930.0 80,861.0 2,590.3 83,368.6 83,867.1 82,871.4 80,861.0 78,673.7 80,920.6 83,830.2 83,368.6 83,638.1 79,217.7 78,479.2 80,920.6 83,472.5 83,830.2 83,425.7 83,363.6 83,368.6 83,020.0 83,638.1 83,794.6 82,448.3 Assets and Liabilities of the Central Bank the Central of Liabilities Assets and 502.1 72,588.4 491.3 722.5 500.2 491.3 Rights Special Drawing 1,111.2 3,069.7 2,032.1 2,032.2 2,023.7 1,107.3 1,918.4 2,032.2 2,392.2 2,901.4 3,084.5 2,032.2 1,107.3 3,969.8 2,813.8 2,901.4 3,071.6 3,084.5 4,151.0 International Reserve (a) and Foreign Securities 413,492.8 439,649.3 431,703.2 447,918.7 455,866.2 483,707.4 468,376.2 404,983.0 554,218.6 431,703.2 458,231.0 577,259.5 554,218.6 483,003.4 503,522.6 402,572.7 431,703.2 483,707.4 444,987.0 477,868.8 503,522.6 407,288.7 402,572.7 483,135.4 Government Non-Governmental including 576,725.6 469,415.7 541,250.7 576,468.4 606,025.5 582,353.2 694,047.7 360,507.7 327,748.6 541,250.7 453,637.0 393,082.0 327,748.6 380,751.9 333,077.3 517,415.8 541,250.7 582,353.2 475,244.0 390,007.3 333,077.3 482,620.5 517,415.8 348,338.8 Treasury bills Treasury Cash and Bank Balances Abroad

of October November December January February March April 2nd Qtr 3rd Qtr 4th Qtr Qtr Qtr 1st 2nd 3rd Qtr 4th Qtr 1st Qtr April May June August September July End Period Includes securities acquired from government institutions. are on fair value basis. Government and government guaranteed securities (a) (b)

2014 2014 2013 2012 2013 2011 2012 2013 FINANCIAL FINANCIAL SECTOR

378 w Central Bank of Sri Lankaw Bulletin w May 2014 and Rs. million Other 96,586.3 96,586.3 (Contd.) Liabilities Accounts 113,081.6 140,422.4 214,164.7 175,580.9 192,767.2 126,486.4 175,580.9 192,767.2 253,826.5 319,899.5 176,868.3 192,767.2 181,486.5 155,306.5 188,698.7 161,709.1 201,183.8 194,941.1 282,524.5 282,524.5 339,376.4 194,941.1 Total : Central Bank of Sri Lanka 761,115.6 723,193.8 878,162.2 670,448.0 678,469.4 745,971.2 685,120.0 670,448.0 678,469.4 732,209.0 682,391.2 646,615.6 678,469.4 731,661.4 742,427.3 756,040.5 742,427.3 720,204.6 663,201.6 858,781.2 736,446.6 702,034.9 702,034.9 736,446.6 TABLE 53 TABLE Source 3.5 5.1 5.0 3.1 4.0 5.0 3.6 5.4 5.5 4.4 5.0 3.9 5.5 4.4 5.5 7.0 4.0 3.3 4.3 5.5 5.5 4.3 23.0 23.0 Other Foreign 711,287.0 711,287.0 579,766.3 529,238.3 556,757.6 545,477.1 529,238.3 582,442.7 528,274.2 606,668.9 498,543.0 529,238.3 550,946.8 554,677.0 527,493.6 583,727.3 554,677.0 527,493.6 578,368.4 514,621.3 697,716.0 569,454.0 550,507.7 550,507.7 569,454.0 Institutions International Organisations, Foreign Banking Governments and Deposits cial Banks Commer- 160,198.9 166,177.1 166,288.4 150,887.9 150,887.9 166,288.4 1.0 142,960.9 4.0 4.0 2.5 188,763.9 4.7 148,809.9 4.7 148,809.9 1.5 180,133.4 2.7 187,274.4 2.6 171,821.7 2.7 187,274.4 1.4 141,776.6 1.0 148,268.1 2.0 146,269.2 4.7 148,809.9 and 14.0 10.0 139,130.6 21.6 149,314.7 14.5 153,618.3 12.4 153,895.8 15.5 142,841.1 15.5 142,841.1 Govt. Agencies Institutions 74.8 74.8 51.2 411.5 411.5 411.5 462.1 859.0 689.0 686.0 618.2 15.5 444.0 618.2 15.5 575.8 467.7 484.5 467.7 498.2 307.2 426.5 478.8 533.0 686.0 14.0 ment 1,797.0 Govern- 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 (c) Liabilities Securities Outstanding Total 297,323.5 306,961.0 318,060.1 370,648.9 370,648.9 318,060.1 Assets and Liabilities of the Central Bank the Central of Liabilities Assets and in lation Coins Circu- 318,444.9 7,110.1 7,207.6 323,622.0 6,547.8 6,743.8 6,908.5 7,047.2 332,261.0 7,138.3 313,024.1 7,237.2 322,886.1 7,389.0 339,771.0 7,532.3 7,087.9 328,463.3 7,138.3 313,024.1 7,172.1 316,965.6 7,237.2 322,886.1 7,271.2 325,073.6 7,325.2 323,728.2 7,389.0 339,771.0 7,426.4 335,843.5 7,464.0 340,982.4 7,532.3 7,585.6 361,431.0 6,152.9 293,233.4 6,908.5 7,389.0 339,771.0 Currency Issued in lation Notes Circu- 311,151.6 311,151.6 311,334.8 316,414.5 290,775.8 300,217.2 325,213.8 305,885.8 315,648.9 332,382.0 321,375.5 305,885.8 309,793.4 315,648.9 317,802.4 316,403.0 332,382.0 328,417.1 333,518.4 353,845.4 287,080.5 332,382.0 Total 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 363,116.6 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 363,116.6 35,000.0 25,000.0 35,000.0 311,151.6 35,000.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Surplus

Capital Account 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 35,000.0 25,000.0 35,000.0 35,000.0 Capital

of End August 1st Qtr 1st April May June July September October November December January February March April 2nd Qtr 3rd Qtr 4th Qtr Qtr Qtr 1st Qtr 2nd Qtr 3rd 4th Period Central Bank’s own securities issued under section 91(1)(b) of the Monetary Law Act. own securities issued under section 91(1)(b) of the Monetary Law Central Bank’s (c) 2014 2014 2013 2012 2013 2011 2012 2013 SECTOR FINANCIAL

Central Bank of Sri Lankaw Bulletin w May 2014 w 379 & 82.4 80.0 78.5 78.3 75.7 80.2 80.3 80.0 80.5 78.5 78.4 78.3 77.8 75.5 75.7 81.2 82.6 79.7 80.8 82.4 78.3 81.6 79.1 74.5 to Adv. Total Total % of Loans (Contd.) Deposits Rs. million to 411.3 411.3 54 TABLE 362.0 472.2 443.2 419.7 452.0 437.9 463.2 472.2 443.1 443.2 422.9 419.7 448.2 452.7 452.0 385.5 355.5 454.6 310.4 362.0 419.7 460.6 449.5 (c) % of Liquid Assets Demand Deposits or lities Total Liabi- Assets 3,757,370 3,935,263 4,036,742 4,163,434 4,328,266 4,418,477 3,992,299 3,987,299 4,036,742 4,068,807 4,163,434 4,220,659 4,328,266 4,348,701 4,393,922 4,418,477 3,522,052 3,601,209 4,092,026 3,157,677 3,757,370 4,328,266 4,233,078 4,448,842 (b) and Fixed 326,301 349,422 297,099 376,135 413,542 436,862 334,328 294,720 297,099 348,594 376,135 347,827 413,542 431,987 480,801 436,862 324,736 346,197 339,352 302,005 326,301 413,542 338,091 473,017 Other Assets Total 2,525,511 2,525,511 2,511,369 2,305,613 2,377,284 2,420,178 2,458,491 2,547,661 2,535,671 2,387,738 2,400,134 2,420,178 2,465,223 2,458,491 2,502,247 2,547,661 2,556,536 2,503,856 2,535,671 2,104,243 2,205,365 2,450,995 1,905,732 2,305,613 2,547,661 Loans 1,774,985 1,853,665 1,898,086 1,933,486 2,013,271 1,954,614 1,871,765 1,881,546 1,898,086 1,925,034 1,933,486 1,935,849 1,953,914 2,013,271 1,978,180 1,940,698 1,954,614 1,952,790 1,669,408 1,728,234 1,920,656 1,500,949 1,774,985 2,013,271 485,348 534,036 478,899 482,235 483,908 520,599 524,934 489,383 534,643 534,036 516,178 495,973 483,908 479,284 489,383 500,879 479,284 518,809 396,658 438,158 486,663 373,762 495,973 489,383 Over- drafts Loans Advances and Ex- ports 13,590 16,537 13,177 13,019 14,056 16,434 16,258 15,409 14,977 16,537 15,556 13,087 14,056 16,848 15,409 14,719 16,848 14,629 13,749 15,807 16,539 14,435 13,087 15,409 Im- 20,011 20,011 20,011 20,011 ports 23,725 29,702 22,730 22,366 23,085 28,486 29,239 28,262 27,478 29,702 26,138 23,085 28,006 28,262 23,569 28,006 28,875 22,780 21,394 26,165 16,536 28,262 Bills Purchased and Discounted .) 50 957 782 968 879 782 707 866 866 845 972 etc Local 1,168 1,043 1,166 1,337 1,258 1,557 1,043 1,337 1,022 1,648 1,772 1,557 1,337

Assets (a) 57,973 64,601 60,714 61,429 62,639 65,941 65,092 68,231 68,549 64,601 65,141 58,183 62,639 60,651 68,231 61,383 60,651 63,948 58,515 57,280 60,682 57,651 58,183 68,231 Other ments Invest- - ment 112,440 112,440 114,256 127,785 150,383 127,890 127,741 131,704 149,926 150,100 150,036 147,672 150,383 150,079 134,167 131,704 150,848 150,036 145,334 150,848 147,727 150,568 105,167 134,167 150,036 Govern Securities Investments sury Trea- bonds 368,211 368,211 277,704 407,193 340,062 348,984 337,894 363,456 354,699 364,205 358,779 407,193 385,637 245,681 233,069 255,657 337,894 351,200 364,205 345,997 351,200 367,987 178,582 255,657 364,205 Obligations Govt. of Sri Lanka bills sury Trea- 297,164 396,130 314,206 297,613 338,125 397,394 398,626 398,394 396,892 385,392 396,130 412,535 189,308 171,867 200,718 338,125 394,882 398,394 360,124 394,882 369,802 175,644 200,718 398,394 and 89,189 Banks 118,141 118,141 118,141 139,168 147,209 123,173 139,070 140,764 140,492 136,986 108,503 130,234 133,084 147,209 169,228 185,320 172,250 155,013 140,764 108,503 100,318 159,567 155,013 108,503 Abroad Foreign Currency on Hand Balances due from in of 9,628 9,796 9,628 tion 11,265 11,265 11,207 11,876 39,611 39,611 14,269 12,331 12,494 12,105 12,303 25,762 13,335 12,331 12,550 32,923 35,890 12,303 25,762 10,589 21,866 35,890 25,762 Cash Items Collec- Process Due from 42,116 42,116 22,259 35,079 41,068 42,426 29,852 21,724 23,441 32,065 25,568 17,124 37,300 22,259 24,235 45,728 38,626 49,840 42,426 21,724 25,568 26,301 51,390 49,840 25,568 Banks Domestic Assets and Liabilities of Domestic Banking Units (DBUs) of the Commercial Banks (DBUs) of the Units Banking Domestic of Liabilities Assets and Due from Bank Central 149,711 149,711 156,863 175,963 190,573 189,348 141,444 145,483 144,100 149,302 151,200 152,559 188,639 156,863 157,499 161,462 169,101 169,466 182,672 189,348 145,483 151,200 144,891 169,466 151,200 on 88,975 80,652 73,862 66,938 71,872 73,576 74,571 71,399 75,164 76,493 71,629 88,975 87,552 55,007 60,274 66,522 69,705 66,938 73,576 75,164 70,540 50,362 66,522 75,164 Cash Hand of End November December January February March April 1st Quarter April May June July September October 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter August Period Fixed and other assets consists of banks’ property,furniture,fittings and sundries (commission,interest receivables property,furniture,fittings Fixed and other assets consists of banks’ bills and bills discounted. Balances Treasury Central Bank, Foreign currency on hand and Balances due from banks abroad, Government of Sri Lanka Liquid assets consist of Cash on hand, Balances due from due from domestic banks and cash items in process of collection have been excluded from liquid assets and domestic inter-bank deposits have been excluded from demand deposits, because from the the from because deposits, demand from excluded been have deposits inter-bank domestic and assets liquid from excluded been have collection of process in items cash and banks domestic from due such claims and deposits cancel out. view point of the commercial banking system as a whole The number of reporting banks was 23 from January 2006, 22 from October 2008, 23 from August 2011 and 24 from December 2011. August 2011 2006, 22 from October 2008, 23 from The number of reporting banks was 23 from January (c) (b) (a) 2014 2014 2013 2012 2013 2011 2012 2013 FINANCIAL FINANCIAL SECTOR

380 w Central Bank of Sri Lankaw Bulletin w May 2014 Other 365,278 400,368 409,756 379,458 380,618 392,288 414,429 414,265 405,292 365,278 361,407 360,671 414,265 379,490 384,897 380,618 392,288 379,072 390,732 390,732 390,732 316,141 375,616 398,841 Rs. million Contd.) Liabilities ( 75,461 98,053 77,665 88,180 93,526 84,753 75,461 77,219 74,089 84,753 97,936 93,526 99,131 19,742 Foreign 111,981 111,981 111,981 111,981 105,020 102,454 100,165 108,402 105,020 100,618 100,364 : Central Bank of Sri Lanka 54 TABLE Borrowings (d) Source 117,043 117,043 114,175 110,255 110,255 119,895 115,961 113,181 117,771 142,492 138,376 129,460 131,788 130,300 106,660 121,005 142,492 151,522 136,837 121,005 130,300 106,660 147,275 127,460 127,460 127,460 Domestic Inter-Bank Total 2,798,220 2,914,007 2,977,679 2,987,400 3,025,290 3,131,746 3,315,266 3,351,163 3,371,380 2,798,220 2,590,695 2,671,167 3,351,163 3,191,748 3,194,524 3,025,290 3,131,746 3,074,535 2,361,184 3,253,147 3,253,147 3,061,324 3,253,147 3,288,099 and Time Savings 2,117,734 2,554,485 2,669,665 2,732,979 2,752,773 2,789,912 2,876,951 3,052,035 3,075,960 3,092,120 2,554,485 2,363,696 2,433,249 3,075,960 2,915,980 2,943,075 2,789,912 2,876,951 2,833,056 2,980,394 2,980,394 2,824,698 2,980,394 3,029,461 Deposits Total

243,735 244,343 244,701 234,627 235,379 254,795 263,231 275,203 279,260 275,768 243,735 226,999 237,919 275,203 251,450 235,379 254,795 241,479 243,451 272,753 272,753 236,626 272,753 258,638 Demand

Non- 368,117 356,948 356,934 366,477 362,724 373,470 386,257 387,353 391,129 371,036 356,948 386,226 390,040 387,353 373,084 362,724 373,470 375,994 332,998 379,757 379,757 367,097 379,757 380,501 Liabilities Residents 2,521,114 2,521,114 2,143,136 2,284,029 2,335,253 2,356,809 2,399,792 2,477,370 2,628,602 2,654,400 2,667,723 2,143,136 1,948,563 2,015,256 2,654,400 2,543,369 2,430,397 2,399,792 2,477,370 1,753,896 2,574,215 2,430,857 2,574,215 2,574,215 2,613,687 Time and Savings Deposits and Time ment Residents of Sri Lanka 26,112 26,112 26,112 54,401 28,701 29,609 29,486 27,395 37,176 34,206 33,269 54,401 28,907 27,953 34,206 26,621 26,665 27,395 30,840 26,422 26,744 23,831 26,422 26,422 35,273 Govern- 7,119 4,976 5,548 5,871 5,354 5,712 8,960 5,828 5,526 4,976 4,684 5,825 5,526 6,753 5,712 8,960 4,069 5,713 5,463 5,752 5,713 5,713 5,545 Non- 13,128 Residents 221,511 221,511 198,496 202,855 205,271 198,023 197,954 210,513 222,271 229,721 233,504 198,496 190,460 193,063 229,721 202,041 200,010 197,954 210,513 195,835 219,966 199,650 230,809 219,966 219,966 Residents ment of Sri 25,398 24,543 24,698 24,281 23,800 22,661 24,328 23,805 24,388 25,398 24,701 23,747 23,805 23,143 22,220 23,800 22,661 33,691 24,754 21,661 23,403 24,754 23,852 24,754 Demand Deposits Govern- Lanka ign Fore- 8,150 8,781 6,921 7,864 7,102 7,864 7,603 6,367 9,746 11,345 11,983 10,746 16,042 14,789 12,588 14,789 15,215 16,042 19,398 12,588 21,780 15,680 21,780 21,780 59 90 76 51 79 48 49 73 76 52 69 49 73 Inter-Bank 110 110 110 110 114 126 540 107 124 540 540 147 3,489 Assets and Liabilities of Domestic Banking Units (DBUs) of the Commercial Banks (DBUs) of the Units Banking Domestic of Liabilities Assets and Domes- tic

Profits 443,627 444,731 447,291 457,830 375,920 384,459 444,945 447,291 397,739 400,473 407,008 418,067 427,720 430,763 435,826 444,945 313,334 375,920 444,945 341,209 358,445 423,327 407,008 427,720 Capital Paid up Reserve Fund and Undistributed of End January February March April April May June July September October November December Quarter 4th Quarter 1st 4th Quarter 1st Quarter 2nd Quarter Quarter 2nd 3rd August 2nd Quarter Quarter 2nd 3rd Period Includes Central Bank. (d) 2014 2013 2013 2014 2011 2012 2013 2012 FINANCIAL FINANCIAL SECTOR

Central Bank of Sri Lankaw Bulletin w May 2014 w 381 (17) Total 777,113 777,113 775,115 786,859 786,859 505,428 754,483 784,036 754,483 729,247 761,646 761,646 810,312 784,036 787,872 667,268 784,036 688,280 692,350 667,268 757,910 786,277 800,293 762,975 712,859 Rs. million Assets/ Liabilities TABLE 55 TABLE (16) lities Liabi- Other 73,875 98,501 92,560 98,501 93,742 98,501 86,717 99,444 93,742 87,629 94,589 96,366 87,233 81,691 96,174 92,024 100,886 100,886 102,247 102,247 103,685 103,685 102,393 101,169 Central Bank of Sri Lanka (15) App- Other roved 11,529 11,529 11,529 11,565 11,565 11,815 11,522 11,522 prises 16,191 12,330 14,067 19,821 14,067 10,972 10,972 12,330 12,423 12,330 15,894 13,872 12,423 19,054 10,289 13,212 12,690 12,006 12,134 Enter- Source: (a) BOI (14) 97,116 97,116 prises 65,135 89,705 89,705 86,735 Enter- 111,057 111,057 111,057 111,057 111,057 111,057 113,986 113,986 113,986 118,436 118,436 117,386 117,386 106,182 101,894 106,182 100,561 102,061 100,561 104,863 106,397 121,234 109,333 105,288 121,285 Residents – – – – – – 789 789 744 618 1,424 1,016 1,060 5,332 1,016 5,332 1,060 1,060 1,137 1,127 1,047 5,337 1,139 5,597 (13) Inter OBUs Liabilities (b) (12) Com- 79,319 79,319 95,591 56,750 98,185 95,591 54,815 56,750 80,857 98,185 98,185 82,228 55,026 67,799 Banks mercial 111,177 111,177 111,091 111,091 110,742 110,742 110,399 110,399 136,374 107,147 129,249 101,703 105,796

0 0 0 – – – – – – – – – – – – – – – – – – – (11) 2,000 15,575 Central Bank (10) Bank 211,255 211,255 328,319 426,614 451,670 428,129 404,895 426,614 451,670 428,129 404,895 356,015 332,049 356,015 442,301 430,337 479,246 436,490 430,529 415,652 401,020 393,613 428,129 470,665 406,630 26,110 26,110 21,901 28,566 30,814 34,774 36,603 28,566 30,814 34,774 36,603 26,805 25,207 28,512 25,207 28,707 29,076 30,828 31,178 32,156 33,054 37,260 35,959 34,774 27,473 Non-Residents Non-Bank Other residents approved by the Central Bank. 9,394 8,712 8,903 9,394 8,712 8,903 8,712 Other 11,731 11,731 11,731 44,676 12,594 26,487 48,944 26,487 25,365 10,397 10,583 12,716 14,169 10,995 10,017 10,093 10,748 13,199 Assets (iv) App- Other roved prises Enter- 341,513 321,575 335,266 376,959 373,920 408,752 397,067 390,868 365,161 373,920 404,403 431,690 408,752 399,100 382,922 397,067 394,206 404,806 390,868 388,282 226,740 335,266 397,067 377,217 BOI prises Enter- 181,117 181,117 192,594 184,680 184,167 188,879 195,413 202,002 193,533 192,142 188,879 203,721 207,677 195,413 198,858 202,558 202,002 203,102 201,856 193,533 201,149 182,812 184,680 202,002 187,769 Residents Inter OBUs 21,950 14,279 17,724 26,676 19,734 23,777 21,349 20,166 19,734 19,734 19,509 27,832 23,777 23,431 19,499 21,349 16,541 19,557 20,166 19,245 13,516 17,724 21,349 23,104 Assets (b) (7) (8) (9) (4) (5) (6) 8,596 7,986 Com- 22,343 21,834 20,760 51,650 15,974 64,518 57,944 51,650 51,650 15,593 26,860 15,974 59,795 65,999 64,518 57,710 49,994 57,944 63,620 20,760 64,518 34,331 Banks mercial Board of Investment (BOI) Enterprises, and (iii) 802 (3) 2,335 2,274 1,548 2,186 1,539 1,761 1,784 1,783 1,539 1,582 1,602 1,776 1,761 1,748 1,751 1,784 1,783 1,787 1,783 1,995 1,548 1,784 1,543 Central Bank Assets and Liabilities of Off-Shore Banking Units (OBUs) of the Commercial Banks Bank 46,866 59,265 55,635 62,751 67,230 79,007 49,855 69,032 74,820 67,230 46,781 49,480 79,007 89,122 77,913 49,855 56,315 44,785 69,032 60,233 33,297 55,635 49,855 101,258 Commercial Banks (ii) (1) (2) 31,673 27,393 25,167 26,159 25,331 25,230 38,749 44,630 42,467 25,331 27,056 28,246 25,230 24,089 38,657 38,749 37,440 42,237 44,630 43,793 26,488 25,167 38,749 24,553 Non-Residents Non-Bank of Non-Residents October November December January February March April 1st Qtr May June July August September 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr April End Period An Off-Shore Banking Unit (OBU) is a unit in a commercial bank, established in terms of Central Bank Circular No. 380 of 2 May, 1979 which accepts deposits 1979 which accepts 2 May, Central Bank Circular No. 380 of of unit in a commercial bank, established in terms is a (OBU) Banking Unit Off-Shore An (i) relevant the end of prevailing the exchange rates at and Liabilities at Lanka rupees currencies have been converted into Sri foreign Assets denominated in and grants advances in designated foreign currencies from and to : and grants advances in designated foreign currencies period. (a) (b) 2014 2014 2013 2012 2013 2011 2012 2013 SECTOR FINANCIAL

382 w Central Bank of Sri Lankaw Bulletin w May 2014 (Contd.) Net (12) Total Rs. million 96,176 96,176 68,785 Assets 98,057 -76,325 -95,174 -87,899 -51,177 -63,554 -76,325 -87,899 -22,966 -76,325 Foreign (8)+(11) -30,211 124,166 -68,783 -25,831 -25,831 -112,124 -216,591 -105,577 -169,034 -169,034 -197,859 56 TABLE (11) Total Banks (9)+(10) -605,453 -514,897 -613,357 -567,372 -549,586 -543,471 -605,453 -504,206 -517,364 -499,491 -535,012 -567,372 -504,206 -504,583 -535,012 -570,534 -550,049 -549,958 -605,453 -400,136 -422,300 -375,578 -422,300 -242,033 Commercial OBUs (10) -346,115 -374,299 -372,327 -432,347 -378,247 -354,458 -374,299 -327,835 -325,546 -343,830 -362,618 -378,247 -327,835 -353,721 -362,618 -385,575 -354,951 -351,258 -374,299 -282,021 -300,421 -263,562 -300,421 -178,276 Commercial Banks -63,757 Net Foreign Assets (b) Net Foreign -231,155 -142,570 -181,009 -189,126 -195,128 -197,356 -231,155 -176,371 -191,818 -155,662 -172,395 -189,126 -176,371 -150,863 -172,395 -184,958 -195,098 -198,700 -231,155 -118,115 -112,015 -121,879 -121,879 DBUs (8) (9) Monetary 479,473 600,382 641,530 529,128 419,723 396,765 498,409 479,917 529,128 396,468 345,367 396,468 393,914 392,460 340,090 331,354 365,979 479,473 600,382 365,979 372,674 527,083 618,743 529,128 Authorities (a) ) 2b ) 2b (7) Total (M Broad Money (3)+(6) 3,289,132 3,538,065 3,546,481 3,417,853 3,132,660 3,244,571 3,362,501 3,363,136 3,417,853 2,929,070 2,828,651 2,929,070 3,089,746 3,147,469 2,491,740 2,737,070 3,169,810 3,289,132 3,538,065 3,169,810 3,225,521 3,460,812 3,495,406 3,417,853 Total Quasi Money (4)+(5) 2,829,293 3,026,655 3,039,085 2,933,275 2,679,576 2,791,479 2,881,187 2,908,765 2,933,275 2,479,021 2,388,898 2,479,021 2,624,333 2,704,861 2,053,032 2,304,290 2,725,767 2,829,293 3,026,655 2,725,767 2,780,768 2,979,928 3,003,767 2,933,275 OBUs 81,326 ) 117,711 117,711 117,711 117,711 112,984 112,984 115,932 112,984 116,810 116,428 128,054 122,545 123,387 109,805 125,451 128,725 133,049 123,387 102,629 100,677 128,054 100,677 121,715 129,391 133,418 123,387 2b Quasi Money (QM) (d) (QM) Quasi Money Consolidated Monetary Survey (M Monetary Consolidated 2,711,582 2,711,582 2,711,582 2,711,582 2,898,601 2,916,541 2,809,888 2,569,770 2,666,028 2,752,462 2,775,715 2,809,888 1,971,706 2,366,037 2,201,661 2,272,965 2,366,037 2,507,523 2,625,090 2,898,601 2,588,433 2,625,090 2,659,053 2,850,537 2,870,349 2,809,888 DBUs Broad Money (M Broad Money ) 1 Total (1)+(2) Narrow 511,410 511,410 511,410 511,410 507,396 453,085 453,092 459,839 481,314 454,372 484,578 484,578 480,883 491,639 438,707 450,049 432,780 439,753 450,049 465,413 444,043 459,839 442,608 444,043 444,753 484,578 Money (M ) (c) 1 Demand Deposits 200,011 200,011 230,811 229,736 233,517 205,274 210,528 202,042 219,971 219,971 221,533 222,285 195,836 198,510 190,463 193,066 198,510 202,856 197,956 210,528 229,736 198,025 197,956 199,659 219,971 Narrow Money (M Narrow Money (6) (3) (4) (5) (1) (2) 247,811 247,811 259,350 269,354 242,871 251,539 242,317 246,687 251,539 262,556 246,087 249,310 281,674 244,583 246,087 245,094 253,082 Currency 281,674 273,879 249,310 250,503 252,329 264,607 264,607 264,607

All Resident Non-National Foreign Currency (RNNFC) balances are treated as foreign liabilities; All Resident Non-National Foreign Currency (RNNFC) One half (50 per cent) of Non-Resident Foreign Currency (NRFC) deposits are treated as domestic deposit liabilities; One half (50 per cent) of Non-Resident Foreign treated as domestic deposit liabilities. All other domestic foreign currency accounts are (i) (ii) of (iii) End All DBU placements with OBUs are recorded as domestic assets, while all DBU borrowings from OBUs are recorded as domestic liabilities. All DBU placements with OBUs are recorded as Hence, the following apply: on the basis of ownership rather than on the basis of currency. Foreign currency deposits with DBUs are classified

Period is based on the aggregated data pertaining to both Domestic Banking Units (DBUs) and Offshore Banking Units (OBUs) of Licensed Commercial Banks operating of Licensed Commercial Banks operating (OBUs) Units Banking Offshore and (DBUs) Banking Units Domestic to both pertaining data on the aggregated is based January February March April April May June July August September October November December 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 2b M The major changes are: banks (including outward bills) External assets (net) of the Central Bank and commercial Currency and demand deposits held by the public and savings deposits of the public held with commercial banks Time (2) in Sri Lanka. Definitional changes have been adopted in aggregating DBUs and OBUs to avoid double counting and misclassification of assets and liabilities. in Sri Lanka. Definitional changes have been adopted (1) (c) (b) (d) 2014 (a) 2013 2013 2014 2011 2012 2013 2012 FINANCIAL FINANCIAL SECTOR

Central Bank of Sri Lankaw Bulletin w May 2014 w 383 (28) Net Total Rs. million Assets 3,259,592 2,393,683 2,954,902 2,805,853 2,858,862 2,954,902 3,338,843 3,377,031 3,227,835 3,338,843 3,423,381 3,461,162 3,494,178 3,195,323 3,441,889 3,377,031 3,413,678 3,426,691 3,483,778 3,426,621 3,441,889 3,422,314 (24)+(27) Domestic 3,494,178 3,494,178 (Contd.) Total (Net) -717,484 -644,287 -737,133 -741,229 -714,942 -743,058 -741,229 -692,045 -724,163 -692,045 -705,977 -710,330 -706,605 -706,605 -706,605 -716,232 -779,531 -724,163 -738,892 -725,783 -735,961 -748,430 -779,531 -776,733 Items Other (25)+(26) : Central Bank of Sri Lanka TABLE 56 TABLE Source (26) (27) -87,154 -82,854 -99,503 -99,503 -81,569 OBUs -114,775 -112,965 -149,950 -106,541 -129,518 -143,135 -106,541 -108,207 -100,833 -101,384 -101,384 -101,384 -100,486 -128,512 -108,207 -106,315 -121,986 -128,512 -141,341 Other Items (Net) DBUs -624,117 -630,330 -494,337 -654,278 -634,688 -585,424 -599,923 -634,688 -592,542 -615,956 -592,542 -605,143 -628,761 -605,221 -605,221 -605,221 -615,746 -651,019 -615,956 -619,468 -622,997 -626,444 -651,019 -635,392 Monetary Authorities and (24) (25) Total +(23) Credit (17)+(20) Domestic 3,911,555 3,977,076 3,037,970 3,964,967 3,696,131 3,520,795 3,601,920 3,696,131 4,030,889 4,101,194 4,030,889 4,129,357 4,171,492 4,200,783 4,200,783 4,200,783 4,221,419 4,101,194 4,152,570 4,152,474 4,219,739 4,175,051 4,221,419 4,199,047

Total Sector Credit to (21)+(22) the Private 2,005,860 2,403,200 2,358,421 2,234,919 2,294,904 2,358,421 2,395,580 2,534,343 2,534,343 2,534,343 2,498,271 2,469,515 2,496,746 2,518,975 2,491,575 2,490,657 2,498,271 2,481,625 (a) ) 2b (22) (23) OBUs 2,421,509 196,911 184,388 189,445 186,345 193,336 182,282 186,345 190,675 2,432,953 198,407 2,469,515 190,675 2,432,953 209,589 2,461,406 213,774 2,464,618 186,004 206,967 206,967 206,967 199,345 198,407 205,564 209,661 207,555 207,062 199,345 207,017 Credit to the Private Sector DBUs

2,112,622 1,821,472 2,213,756 2,172,076 2,041,583 2,172,076 2,209,576 2,327,376 2,327,376 2,327,376 2,298,927 2,271,108 2,291,182 2,309,314 2,284,020 2,283,595 2,298,927 2,274,608 Total Net Assets Domestic Public Corps. Credit to (18)+(19) 198,500 344,558 328,729 2,224,598 292,477 275,597 292,477 334,296 2,242,278 339,341 2,271,108 334,296 2,242,278 363,567 2,251,817 364,275 2,250,844 271,890 335,510 365,098 365,098 365,098 329,963 339,341 326,799 308,007 358,502 339,819 329,963 331,063 (21) (19) (20) OBUs 127,115 233,911 217,776 201,219 195,088 201,219 224,922 215,615 224,922 234,052 234,099 203,674 234,102 200,424 200,424 200,424 192,013 215,615 203,634 183,466 196,310 206,318 192,013 186,190 Domestic Credit Credit to Public Corporations DBUs 71,385 91,258 80,509 91,258 68,216 110,648 110,953 109,374 123,726 109,374 129,516 130,176 101,408 164,674 164,674 164,674 137,949 123,726 123,166 124,541 162,192 133,501 137,949 144,873

Consolidated Monetary Survey (M Monetary Consolidated Total Govt. Credit to (13)+(16) 833,610 1,045,232 1,010,279 1,045,232 1,180,465 1,217,208 1,035,127 1,301,342 1,301,342 1,301,342 1,393,185 1,292,338 1,329,024 1,325,493 1,369,662 1,344,575 1,393,185 1,386,359 (18) (16) (17) Total (14)+(15) 992,848 988,284 1,226,838 766,389 686,093 766,389 915,370 570,868 703,085 1,158,064 1,292,338 1,030,465 1,263,640 1,107,883 1,304,384 1,155,674 1,342,599 1,030,465 1,263,640 1,187,335 1,187,335 1,187,335 1,240,842 1,247,928 1,158,064 1,200,974 1,197,710 1,213,434 1,182,523 1,247,928 OBUs (15) 98,048 190,142 141,632 142,615 147,201 164,483 191,495 132,382 125,744 132,382 141,019 147,201 191,678 191,678 191,678 196,224 193,043 190,142 188,760 192,353 193,442 193,282 193,043 Commercial Banks DBUs (14) Credit to Government (Net) (e) Credit to Government (Net)

136,674 566,411 967,922 851,216 845,669 883,264 943,400 964,179 472,819 634,007 560,349 634,007 774,350 883,264 995,656 995,656 995,656 967,922 989,242 1,044,618 1,054,885 1,012,213 1,005,357 1,019,991 1,054,885 (13) Central Bank of 134,274 145,258 224,361 238,553 233,175 196,501 186,926 156,229 162,051 262,742 278,843 324,186 332,041 278,843 265,095 233,175 Sri Lanka 114,007 114,007 114,007 114,007 114,007 134,274 145,517 128,051 127,782 145,258

of End April August September October November December January February March 3rd Qtr 3rd 4th Qtr 1st Qtr April May June July 2nd Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Period Credit extended by the banking system to the government, net of government deposits with banks and government cash deposits Credit extended by the banking system to the government, (e) 2014 2014 2013 2012 2013 2012 2013 2011 SECTOR FINANCIAL

384 w Central Bank of Sri Lankaw Bulletin w May 2014 (Contd.) Net 5,494 (13) Total +(12) Rs. million 92,416 Assets -25,695 -50,705 -25,695 -77,955 -39,894 -35,072 -35,072 Foreign (10)+(11) (10)+(11) -176,061 -212,975 -176,061 -187,586 -146,402 -200,712 -120,452 -183,999 -199,987 -109,848 -126,774 -183,999 -199,987 -199,987 -230,545 57 TABLE -5,641 -9,172 -9,683 -9,241 -9,241 (12) and -15,116 -14,874 -14,966 -14,674 -14,651 -14,966 -13,954 LFCs LSBs -112,812 -119,276 -119,490 -119,276 -118,672 -124,884 -124,884 -124,032 -123,436 -123,662 -123,662 -123,662 (11) and Net Assets Foreign Banks (DBUs OBUs) -242,033 -567,372 -400,136 -375,578 -422,300 -499,491 -535,012 -549,586 -504,206 -514,897 -504,583 -535,012 -570,534 -549,586 -543,471 -550,049 -549,958 -504,206 -517,364 -422,300 -605,453 -613,357 -605,453 -605,453 Commercial (10) 479,473 331,354 345,367 396,468 393,914 365,979 498,409 597,787 419,723 392,460 365,979 372,674 498,409 479,917 527,083 618,743 597,787 641,530 396,468 529,128 396,765 529,128 529,128 Monetary Authorities ) 4 +(8) (M Broad Money (1)+(2) 3,135,822 340,090 (8) (9) (7) Quasi Money (3)+(4)+ (5)+(6)+ 3,712,478 4,146,534 2,715,894 3,006,954 3,420,506 3,122,487 3,543,901 3,257,099 3,685,041 3,442,150 3,880,634 3,574,766 3,993,007 3,816,730 4,294,513 3,983,612 4,466,179 3,502,271 3,931,509 3,535,204 3,955,103 3,574,766 3,993,007 3,642,255 4,063,182 3,765,792 4,222,082 3,799,986 4,225,167 3,896,700 4,347,135 3,943,295 4,402,082 3,983,612 4,466,179 4,008,228 4,489,969 3,257,099 3,685,041 3,828,495 4,283,265 3,665,691 4,095,641 3,828,495 4,283,265 3,828,495 4,283,265 (a) ) 4 LSBs include Regional Development Banks/Pradeshiya Sanwardhana Bank (which was Sanwardhana Bank (which was LSBs include Regional Development Banks/Pradeshiya established on 14 July 2010 by amalgamating Regional Development Banks). DFCC Bank, Development Banks). DFCC Bank, established on 14 July 2010 by amalgamating Regional Savings Bank Ltd., MBSL State Mortgage and Investment Bank, National Savings Bank, Bank Ltd., HDFC Bank of Sri Lanka, Sri Lanka Savings Bank Ltd. and Development SANASA Lankaputhra Development Bank Ltd. (7) (d) LFCs 340,611 340,611 340,611 322,380 186,007 215,689 232,399 256,725 281,772 301,061 327,992 374,259 283,993 289,476 301,061 308,450 327,992 334,465 355,427 363,582 374,259 374,616 256,725 315,936

) 4 (6) ) (a) 4 Other 546,117 548,419 462,288 473,500 486,817 509,367 525,393 538,164 546,805 554,474 582,415 531,220 532,376 538,164 542,789 546,805 551,834 554,474 562,523 575,776 582,415 592,560 554,474 509,367 . 2b Financial Survey (M Financial LSBs (d) (5) 59,705 46,154 49,405 52,384 54,710 56,420 58,576 60,745 62,607 66,169 58,049 58,219 58,576 58,995 59,554 60,745 61,667 62,607 64,270 65,258 66,169 67,330 62,607 54,710 Broad Money (M Broad Money Quasi Money (c) Quasi Money RDBs /Pradeshiya Sanwardhana Bank (4) 81,326 OBUs 117,711 115,932 112,984 116,810 116,428 112,984 102,629 100,677 128,725 123,387 128,054 109,805 100,677 121,715 125,451 128,725 133,049 123,387 129,391 133,418 128,054 122,545 123,387 (b) DBUs Commercial Banks 1,940,119 2,752,462

(b) 2,851,177 211,976 230,811 206,062 2,832,716 185,221 2,519,204 178,527 2,538,706 175,929 2,576,287 179,195 2,610,306 180,397 2,618,633 188,430 2,664,263 209,317 2,701,525 176,912 2,718,971 193,839 2,747,417 196,175 2,785,089 193,545 2,805,261 206,062 2,832,716 174,028 2,165,731 177,723 2,234,954 179,531 2,323,312 180,713 2,461,755 175,929 2,576,287 193,839 2,747,417 179,531 2,323,312 193,839 2,747,417 Demand Deposits (b) (3) (1) (2) 276,505 244,017 241,371 242,313 241,733 249,552 245,627 246,973 248,270 260,931 254,260 265,241 276,505 269,765 239,524 243,692 248,412 257,771 242,313 246,973 260,931 240,502 179,426 248,412 260,931 Currency

is based on the aggregated data pertaining to Licenced Specialised Banks (LSBs) and and Banks (LSBs) Licenced Specialised to pertaining aggregated data the on is based of Nov Dec Jan Feb March April Q1 Apr May Jun July Aug Sep Oct Q2 Q3 Q4 Q1 Q2 Q3 Q4 4 End Period M 51 Table from those in demand deposits and quasi money of DBUs in this table differ Currency, and savings deposits of the private sector with commercial banks, LSBs and LFCs. Time Licenced Finance Companies (LFCs), in addition to the institutions covered in M Licenced Finance Companies (LFCs), in addition as 'Public' under the Financial Survey (M due to the fact that LSBs and LFCs are not treated definition. (c) (a) (b) 2014 2014 2013 2012 2013 2011 2012 2013 FINANCIAL FINANCIAL SECTOR

Central Bank of Sri Lankaw Bulletin w May 2014 w 385 Net (32) Total Assets 3,720,114 3,720,114 Rs. million 3,583,795 3,043,406 4,491,874 4,491,874 3,498,461 (30)+(31) Domestic (Contd.) (31) Total (Net) Items Other -897,301 -989,830 4,416,664 -1,011,661 4,041,357 -1,113,831 4,452,787 -1,110,447 -1,023,370 -1,096,637 4,081,877 -1,108,977 -1,108,977 -1,146,025 -1,090,265 4,398,143 -1,089,273 4,412,753 -1,146,025 -1,085,489 4,483,252 -1,089,562 4,001,086 -1,064,751 4,177,006 -1,085,489 4,483,252 -1,064,751 4,177,006 -1,067,097 4,276,158 -1,070,029 4,326,185 -1,081,079 4,347,246 -1,085,489 4,483,252 -1,099,255 4,492,714 -1,126,208 4,484,475 : Central Bank of Sri Lanka TABLE 57 TABLE (30) Total +(29) Credit 4,607,165 5,178,514 3,940,707 4,829,091 4,829,091 5,637,899 5,488,408 5,502,027 5,637,899 5,568,741 5,090,647 5,241,757 5,428,325 5,568,741 5,155,189 5,241,757 5,343,255 5,396,214 5,428,325 5,568,741 5,591,969 5,563,234 5,610,683 4,488,291 (20)+(23) Domestic Source to (29) (28) Total Credit Sector Private 2,966,776 3,146,694 3,146,694 3,397,125 3,397,125 (24)+(25)+ (26)+(27)+ (f) LFCs 467,308 3,251,321 275,233 2,587,564 334,801 492,527 3,355,405 496,952 3,387,742 433,765 501,980 3,416,491 433,765 455,729 3,210,486 472,335 3,267,637 485,185 3,318,657 501,980 3,416,491 510,427 460,412 3,224,271 472,335 3,267,637 476,852 3,300,153 482,152 3,310,917 485,185 3,318,657 501,980 3,416,491 503,206 3,374,759 505,798 3,378,626 510,427 506,831 3,378,092 314,379 2,877,927 Other 306,211 311,202 305,281 258,408 285,073 300,555 319,512 300,555 303,140 304,627 304,147 319,512 328,017 304,046 304,627 303,439 305,138 304,147 319,512 319,190 321,881 328,017 329,488 277,903 LSBs Bank 57,223 48,063 51,998 53,953 53,953 56,037 57,721 59,810 60,409 56,612 57,721 58,455 59,008 59,810 59,921 60,612 60,657 60,788 60,289 60,409 60,148 60,657 60,657 50,727 RDBs / Pradeshiya Credit to Private Sector (28) (25) (26) (27) OBUs 196,911 184,388 182,282 186,345 186,345 186,004 190,675 198,407 199,345 189,445 190,675 209,589 213,774 198,407 205,564 209,661 206,967 207,555 207,062 199,345 207,017 206,967 206,967 193,336 (a) ) (24) 4 DBUs Commercial Banks 2,112,622 2,172,076 2,172,076 2,298,927 2,298,927 Sanwardhana Total Public Corps. Credit to (21)+(22) 198,500 1,821,472 271,890 292,477 335,510 2,209,576 338,883 2,242,278 339,341 2,271,108 329,963 344,558 2,213,756 328,729 2,224,598 338,883 2,242,278 368,164 2,251,817 364,275 2,250,844 339,341 2,271,108 339,341 2,291,182 308,007 2,309,314 365,098 2,327,376 358,502 2,284,020 339,819 2,283,595 329,963 331,063 2,274,608 292,477 365,098 2,327,376 365,098 2,327,376 275,597 2,041,583 Net Assets Domestic … … … … … … … … … … … … … … … … … … … … … … … … and LFCs LSBs Domestic Credit and (21) (22) (23) ercial Banks (DBUs OBUs) Comm- 198,500 271,890 292,477 335,510 338,883 339,341 329,963 344,558 328,729 338,883 368,164 364,275 339,341 326,799 308,007 365,098 358,502 339,819 329,963 331,063 292,477 365,098 365,098 275,597 Credit to Public Corporations Financial Survey (M Financial (20) Total Credit to (18)+(19) the Govt. (14)+(15)+ (16)+(17)+ 1,910,811 1,910,811 1,154,643 1,368,499 1,389,920 1,544,652 1,635,237 1,770,327 1,586,359 1,598,463 1,635,237 1,674,938 1,721,023 1,770,327 1,806,204 1,806,279 1,787,151 1,858,709 1,844,789 1,901,529 1,389,920 1,787,151 1,787,151 1,334,766 LFCs 11,064 24,411 18,761 17,040 21,020 24,472 26,324 48,374 22,083 22,528 24,472 25,247 26,324 25,542 28,400 27,839 33,256 36,436 48,374 48,519 17,040 27,839 27,839 15,317 Other 309,762 314,568 327,457 342,977 351,493 451,666 469,252 346,878 348,908 351,493 350,730 353,176 451,666 451,638 452,386 457,970 455,790 463,779 469,252 466,651 327,457 457,970 457,970 309,171 LSBs 0 0 0 0 0 0 0 0 0 0 0 0 0 … 10 43 207 190 190 220 190 190 220 190 Bank RDBs / Pradeshiya 98,048 OBUs 159,886 191,495 190,142 188,760 192,353 193,442 193,282 193,043 196,224 125,744 136,674 132,382 141,019 142,614 190,142 193,043 141,632 142,615 142,614 191,678 132,382 191,678 191,678 Credit to the Government (Net) (e) Credit to the Government (18) (19) (15) (16) (17) DBUs 566,411 472,819 943,400 964,179 967,922 989,242 560,349 634,007 774,350 883,264 967,922 851,216 845,669 883,264 995,656 634,007 995,656 995,656 Commercial Banks Sanwardhana

1,012,213 1,005,357 1,019,991 1,054,885 1,044,618 1,054,885

of Sri (14) Bank Lanka Central 114,007 114,007 114,007 196,501 186,926 134,274 128,051 127,782 156,229 162,051 145,258 145,517 324,186 332,041 278,843 265,095 233,175 134,274 145,258 224,361 238,553 233,175 262,742 278,843

of Apr Jul Aug Sep Oct Nov Dec Jan Feb Mar Q1 Q2 Q3 Q4 Q1 Apr May Jun Q2 Q3 Q4 End Period The sharp increase in credit to private sector by LFCs in some months could be attributed to to be attributed could some months in LFCs by sector to private in credit increase sharp The Credit extended by the Central Bank, LCBs, LSBs and LFCs to the Government, net of and LFCs to the Government, net of Credit extended by the Central Bank, LCBs, LSBs Government deposits and Government cash balances. already established Specialised Leasing Companies (SLCs) obtaining LFC licenses. (f) (e) 2014 2013 2014 2013 2011 2012 2013 2012 SECTOR FINANCIAL

386 w Central Bank of Sri Lankaw Bulletin w May 2014 514 557 951 686 557 549 283 960 455 549 506 420 896 (13) Rs. million 1,260 2,796 2,796 2,046 1,892 1,166 2,796 2,046 1,230 1,216 1,260 (Deficit) on SRR Excess / (12) - (11) 58 TABLE Central Bank of Sri Lanka Actual Reserves Actual Reserves (12) Banks’ 1,012,794 1,215,981 2,384,263 1,138,748 1,178,957 1,215,981 2,136,946 2,384,263 2,491,876 1,221,899 1,524,732 2,268,907 2,288,130 2,136,946 2,315,026 2,230,142 2,384,263 2,412,439 2,009,214 2,491,876 2,336,072 1,298,794 2,858,875 2,858,875 Commercial Deposits with (Cumulative total the Central Bank for the reserve week) 15 × (11) Required Reserves (10) Cumulative 1,012,280 1,215,423 2,381,467 1,137,797 1,178,270 1,215,423 2,136,397 2,381,467 2,489,830 1,221,616 1,523,772 2,268,452 2,286,238 2,136,397 2,314,519 2,228,976 2,381,467 2,412,019 2,008,318 2,489,830 2,334,842 1,297,578 2,857,615 2,857,615 (10) (8) - (9) Required 144,611 144,611 Reserves 173,632 148,842 162,542 168,324 173,632 142,426 148,842 155,614 174,517 190,472 141,778 142,890 142,426 144,657 148,598 148,842 150,751 154,486 155,614 155,656 185,368 190,508 190,508 (a)(b) Till Cash 18,811 18,811 18,952 22,493 21,592 21,017 22,770 19,842 18,617 20,980 16,280 17,439 18,617 21,025 20,980 21,017 36,349 20,644 18,879 21,025 21,045 20,922 20,980 21,188 21,188 Total Total 211,115 211,115 211,696 211,696 211,696 211,696 Reserves 160,730 173,244 176,078 176,632 178,426 164,454 192,249 169,821 178,823 185,763 192,249 204,179 163,451 169,821 176,632 210,866 161,769 163,451 165,703 169,521 169,821 (5)+(6)+(7) Other Required Reserves Against Deposits Against Required Reserves 2,611 2,611 3,587 2,780 2,674 2,215 2,090 2,037 3,566 3,586 2,718 3,602 3,520 3,586 3,697 3,587 2,576 2,718 2,090 3,837 3,695 2,576 2,686 2,783 2,718 and Time Savings 189,466 143,846 154,505 157,672 159,138 160,765 141,936 170,136 152,461 157,518 164,059 170,136 182,214 189,466 146,441 152,461 159,138 187,640 188,614 145,559 146,441 148,303 151,159 152,461 (7) (8) (9) (5) (6) 18,643 14,104 16,065 16,191 15,404 15,625 18,951 18,527 14,642 17,703 18,184 18,527 18,268 18,643 14,434 14,642 15,404 19,388 18,806 13,599 14,434 14,715 15,579 14,642 Demand Reserve Position of Commercial Banks of Commercial Reserve Position (4) Total 2,887,401 2,934,627 2,943,865 2,973,767 2,830,358 2,830,358 2,635,821 2,638,938 2,696,152 2,724,190 2,761,713 2,825,348 2,830,358 (1)+(2)+(3) 2,403,115 2,403,115 2,403,115 2,646,201 2,678,838 2,055,670 2,235,285 2,322,039 2,552,239 2,646,201 2,724,190 2,943,865 (3) Other 36,911 36,911 44,564 34,828 33,942 46,192 44,834 46,338 43,515 42,936 44,759 46,378 45,303 44,579 44,828 45,303 45,030 44,001 44,828 46,213 44,834 42,936 45,303 34,828 47,963 Deposits (c) (2) and Time Savings 2,575,089 2,627,867 2,652,307 2,679,409 2,357,669 2,368,330 2,397,437 2,425,980 2,440,685 2,471,712 2,519,318 2,541,016 1,774,200 2,126,705 2,541,016 1,968,970 2,050,741 2,126,705 2,277,676 2,368,330 2,440,685 2,541,016 2,652,307 2,345,503 (1) Demand 240,569 227,297 231,582 228,350 240,569 231,582 221,285 267,748 269,848 256,730 260,416 235,077 233,037 235,062 226,657 245,242 259,652 244,039 233,037 244,039 256,730 242,355 236,891 244,039

Jan Feb Mar Apr May Jun Jul (d) Aug Sep Oct Nov Dec 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr Apr 2nd Qtr Period computation methods have been published in the Appendix table on the 'Reserve Position of Commercial Banks' in the Annual Reports prior to 2003. in the Appendix table on the 'Reserve Position of Commercial Banks' computation methods have been published in the for the 2nd reserve period of month. Up to May 2013 Reserve data were for the last reserve week of each month and from June 2013 onwards, Reserve data are 1st to 15th and the second from 16th to end of each particular that for deposits cumulative the are Bank Central with the deposits while commercial bank period, for the reserve cumulative reserves refer to the table the in reserves recorded required The month. each period and cumulative deposits of the commercial banks for the period. between the cumulative SRR for the reserve period. Excess/Deficit on SRR is the difference by the Monetary Board. Currently, only commercial banks are subject to reserve requirements. With effect from 24 January 1992, an amount of till cash over and above two per centum of the total deposit liabilities, liabilities, of the total deposit centum two per cash over and above till amount of 24 January 1992, an from effect requirements. With to reserve are subject only commercial banks Currently, Monetary Board. the by and past the in applicable were which ratios, reserve required of Details coins. and notes currency Lanka Sri of form the in reserves required of part a as maintained be could centum, per four exceeding not but With effect from June 2013, the basis for computing the Statutory Reserve Requirement (SRR) was changed and 7 day reserve calculation and maintenance periods were increased to two periods per month, first from from first month, per periods two to increased were periods maintenance and calculation reserve day 7 and changed was (SRR) Requirement Reserve Statutory the computing for basis the 2013, June from effect With Excludes interbank deposits from 01 July 2013. SRR was reduced from 8.00 per cent to 6.00 per cent with effect Under Sections 10c, 93, 94, 96 and 97 of the amended Monetary Law Act (Chapter 422), commercial banks and other financial institutions are required to maintain reserves against their deposit liabilities as prescribed prescribed as liabilities deposit their against reserves maintain to required are institutions financial other and banks commercial 422), (Chapter Act Law Monetary amended the of 97 and 96 94, 93, 10c, Sections Under Source: (b) (c) (d) 2014 (a)

2013 2014 2013 2011 2012 2013 2012 FINANCIAL FINANCIAL SECTOR

Central Bank of Sri Lankaw Bulletin w May 2014 w 387

(d) Total Coins 7,110 7,464 7,586 7,532 7,532 7,138 7,389 7,088 7,138 7,172 7,208 7,271 7,325 7,389 6,153 7,389 6,548 6,744 7,047 7,237 7,237 6,908 6,908 7,426 Rs. million 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 Ct. 59 TABLE 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 02 01 Cts. 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Cts. : Central Bank of Sri Lanka 10 05 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 39 Cts. Source 25 Cts. 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 121 50 Cts. 186 186 186 186 186 186 186 186 186 186 186 186 186 186 186 185 185 186 186 186 186 185 185 186 Coins 1 Re. 711 711 711 711 711 716 719 717 717 709 714 708 709 710 712 712 714 661 714 689 698 707 708 703 703 715 2 Rs. 920 964 982 998 998 1,016 1,022 1,018 1,018 1,006 1,014 1,005 1,006 1,007 1,007 1,007 1,008 1,014 1,014 1,003 1,006 1,005 1,006 1,015 5 Rs. 3,045 3,062 3,053 3,053 3,006 3,035 3,003 3,006 3,012 3,016 3,023 3,027 3,035 2,776 3,035 2,885 2,932 2,996 3,017 3,003 3,017 2,982 2,982 3,039 10 Rs. 849 1,734 1,830 1,791 1,791 1,467 1,673 1,422 1,467 1,492 1,523 1,578 1,626 1,673 1,443 1,673 1,062 1,182 1,391 1,552 1,552 1,276 1,276 1,705 (c) Total Notes

363,117 363,117 363,117 363,117 311,335 311,335 311,152 311,152 311,152 333,518 353,845 305,886 332,382 321,375 305,886 309,793 316,414 317,802 316,403 332,382 287,080 332,382 290,776 300,217 325,214 315,649 315,649 328,417 10 Rs. 1,624 1,616 1,609 1,616 1,684 1,639 1,700 1,693 1,684 1,675 1,668 1,654 1,649 1,639 1,821 1,735 1,639 1,788 1,765 1,735 1,706 1,662 1,662 1,629 20 3,804 3,950 4,066 3,950 3,539 3,726 3,533 3,525 3,539 3,609 3,622 3,660 3,679 3,726 3,013 3,350 3,726 3,278 3,215 3,350 3,405 3,635 3,635 3,797 50 4,118 4,118 4,070 4,385 4,652 4,385 3,953 4,041 4,062 3,960 3,953 4,009 3,999 4,040 4,017 4,041 3,688 3,779 4,041 3,729 3,751 3,779 3,858 4,041 4,041 100 15,435 16,313 17,177 16,313 14,957 15,332 16,090 15,341 14,957 14,715 14,890 14,934 15,058 15,332 15,496 14,317 14,979 15,332 14,770 14,942 14,979 15,438 14,881 14,881 Rs. Rs. Rs. Rs. 200 138 137 137 137 139 140 138 143 142 140 139 138 139 138 138 166 145 138 155 153 145 143 138 138 Notes (b) Rs. 500 23,211 23,211 25,659 25,991 25,659 22,522 22,631 23,668 26,393 23,919 22,631 23,014 22,580 22,666 23,668 23,406 21,391 23,318 23,668 22,377 22,493 23,318 24,435 22,503 22,503 Currency issued by the Central Bank (by Denomination) Central Bank issued by the Currency Rs. 1,000 99,998 98,228 98,228 99,840 112,475 112,475 114,100 112,475 112,475 105,386 106,868 100,853 104,548 103,785 100,831 105,386 103,076 104,099 105,363 101,046 105,386 100,087 101,046 102,065 103,785 103,785 Rs. 2,000 90,432 80,043 90,432 87,799 98,147 97,931 94,851 91,330 89,048 87,274 87,799 83,887 84,925 87,799 96,523 89,373 96,523 89,373 112,899 112,899 105,717 109,370 103,817 106,377 109,370 Rs. 90,585 64,371 63,902 68,206 73,137 78,884 81,021 90,585 92,801 96,143 75,560 64,161 75,560 31,536 53,360 90,585 40,953 47,366 53,360 61,196 64,161 108,080 106,001 108,080 5,000

(a) 322,886 313,024 322,886 313,024 Issued 370,649 361,431 339,771 370,649 328,463 318,445 316,966 323,622 325,074 323,728 339,771 335,844 340,982 318,060 339,771 297,324 306,961 318,060 332,261 293,233 Currency of March April Q3 Q4 Q1 April May June July August September October November December January February Q2 Q3 Q4 Q1 Q2 End Period Currency notes of Rs. 5, Rs. 2 and Re. 1 are also included. The value of these notes remained unchanged at Rs. 37.2 million, Rs. 26.7 million and Rs. 5.0 million, respectively as at end April 2014. 26.7 million and Rs. 5.0 million, respectively as at end The value of these notes remained unchanged at Rs. 37.2 million, Rs. included. Currency notes of Rs. 5, Rs. 2 and Re. 1 are also coins, Rs. 1,000 coins and Rs. 5,000 coins stand at APril 2014, the values of Rs. 100 coins, Rs. 500 at end As April 2014. This includes commemorative coins issued upto 30 April 2014, stands at Rs. 254.1 million. The total value of other commemorative coins, as at end Rs. 41.3 million respectively. Rs. 4.6 million, Rs. 23.2 million, Rs. 252.2 million and Pursuant to Section 51 of the Monetary Law Act, the Central Bank’s holdings of notes and coins are not considered as part of its currency issue. holdings of notes Act, the Central Bank’s Pursuant to Section 51 of the Monetary Law 4 20 were issued from denomination Rs. Currency notes in the of 2,000 from February 1998, Rs. 4 200 from February 1982, Rs. 9 500 from 1981, Rs. December 23 1,000 from Rs. 1980, August 17 October 2006 and Rs. 5,000 from 4 February 2011. 17 October 2006 and Rs. 5,000 from 4 February 2011. (c) (d) (a) (b)

2014 2014 2013 2012 2013 2012 2013 2011 FINANCIAL FINANCIAL SECTOR

388 w Central Bank of Sri Lankaw Bulletin w May 2014 8.97 10.39 10.55 Average Weighted

Call Rate 8.75 Mini- mum Market 10.00 10.50 Per cent per annum Interbank TABLE 60 TABLE 9.10 7.85 7.75 7.80 6.95 6.90 6.94 9.00 8.50 8.72 9.50 9.45 9.46 9.00 8.50 8.72 8.45 8.40 8.44 8.80 8.75 8.80 8.75 8.65 8.72 8.45 8.40 8.44 7.95 7.75 7.86 7.75 7.50 7.66 7.50 7.40 7.46 7.00 6.90 6.95 7.00 6.90 6.97 9.85 9.50 9.83 7.75 7.50 7.66 9.85 9.50 9.83 9.45 9.40 9.44 7.75 7.50 7.66 7.00 6.90 6.97 9.00 9.00 9.00 Maxi- 10.50 10.60 mum Source: Central Bank of Sri Lanka (e) 9.01 night Over- 10.41 10.60 SLIBOR (d) 8.50 11.84 8.83 11.84 8.75 11.86 8.50 11.84 7.93 11.45 9.00 13.11 AWPR 10.49 10.95 7.83 13.60 14.08 12.47 8.75 13.58 9.52 12.47 8.75 14.29 9.92 14.29 9.92 13.86 9.52 Mini- 4.55 4.25 8.65 7.00 3.75 4.50 9.96 7.76 3.75 9.65 7.46 3.75 9.40 7.01 3.25 8.81 7.00 4.50 9.96 7.76 4.70 5.00 4.75 4.75 4.50 9.96 7.76 3.25 8.81 7.00 4.75 4.75 4.75 3.75 4.75 3.75 4.70 4.70 4.75 4.75 and Bills Purchased Discounted 20.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 Maxi- Mini- 6.00 7.25 7.00 7.00 7.75 7.75 7.50 7.00 6.00 6.00 7.00 7.00 7.00 7.50 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 9.00 Un- Secured (a) 35.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 32.00 32.00 32.00 32.00 24.00 24.00 32.00 32.00 32.00 32.00 32.00 32.00 32.00 32.00 32.00 32.00 Maxi- Commercial Banks’ Rates on Advances on Rates Commercial Banks’ Mini- 5.00 4.75 4.50 4.75 4.75 4.75 4.75 4.75 4.70 4.75 4.75 4.50 4.75 4.75 4.75 4.75 5.00 4.75 4.50 4.50 4.75 4.75 4.75 4.75 Others 29.90 33.00 33.00 33.00 33.00 33.00 33.00 33.00 33.00 33.00 33.00 33.00 33.00 33.00 33.00 33.00 33.00 33.00 30.00 30.00 33.00 33.00 33.00 33.00 Maxi- 4.50 5.00 5.00 5.00 5.00 5.00 5.00 5.00 4.50 5.00 5.00 5.00 4.50 4.50 4.50 5.00 5.00 4.57 4.50 4.50 4.50 4.50 4.50 4.50 Mini- vable Loans and Overdrafts Immo- Property Secured by Maxi- 26.00 24.00 26.00 26.00 25.00 24.00 24.00 26.00 26.00 26.00 26.00 24.00 28.00 26.00 26.00 26.00 26.00 26.00 26.00 26.00 26.00 26.00 29.00 26.00 5.15 7.25 9.75 8.50 8.00 7.60 7.25 8.50 9.98 9.98 8.50 7.25 9.98 9.98 9.98 9.98 9.98 9.98 9.50 9.50 9.50 9.50 9.98 9.98 Mini- in Stock Trade mum mum mum mum mum mum mum mum mum mum 24.00 24.00 23.00 23.00 23.00 23.00 23.00 23.00 25.00 25.00 23.00 23.00 25.00 25.00 25.00 23.00 25.00 23.00 22.00 25.00 25.00 25.00 25.00 25.00 Maxi-

(c) 7.24 8.06 9.52 9.37 9.14 8.83 8.45 9.37 9.93 9.37 8.45 9.93 9.79 8.38 9.22 10.56 10.70 10.56 10.43 10.10 10.10 10.10 10.69 10.74 AWDR 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 Savings Deposits 8.50 1.00 9.00 9.00 9.14 9.00 9.00 9.00 9.14 9.00 9.14 9.00 9.00 9.00 9.00 11.00 11.00 11.00 11.00 10.50 10.50 10.50 10.50 10.50 10.50 6.10 5.25 5.25 5.25 5.25 6.10 6.10 6.10 5.25 5.25 5.25 5.25 5.25 5.25 5.25 6.10 5.25 5.25 5.25 5.25 5.25 5.25 5.25 24 month 5.25 11.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 5.45 4.50 5.00 6.00 6.00 5.60 5.60 5.50 5.00 6.00 5.00 5.00 5.00 6.00 6.00 5.50 5.00 6.00 5.00 5.00 6.00 6.00 6.00 12 month 5.55 11.00 14.50 15.10 15.60 16.00 16.00 15.60 15.50 14.75 17.00 16.00 17.00 16.00 16.00 16.00 16.00 14.75 16.25 16.00 16.00 16.00 16.00 16.00 16.00 Commercial Banks’ Deposit Rates Deposit Commercial Banks’ 5.00 5.00 5.00 6.60 6.20 5.00 5.00 5.00 5.00 6.20 5.00 5.00 5.00 7.00 6.20 5.00 5.00 7.50 5.00 5.00 7.00 7.00 6.90 Fixed Deposits Money Rates : The Central Bank and Commercial Banks Commercial and Central Bank : The Money Rates 6 month 11.74 5.50 11.00 14.60 15.00 12.75 12.25 12.15 12.37 12.15 16.25 12.25 16.25 16.50 16.00 14.00 12.25 12.15 16.50 16.00 16.00 15.00 14.50 14.00 13.00 4.00 5.00 5.90 5.70 5.00 5.00 5.00 5.00 5.00 5.70 5.00 5.00 5.00 5.00 5.70 5.00 5.00 4.00 5.00 5.00 5.00 5.00 5.00 4.75 month mum mum mum mum mum mum mum mum mum mum 11.00 11.00 11.00 11.25 Mini- Maxi- Mini- Maxi- Mini- Maxi- Mini- Maxi- Mini- Maxi- 15.38 15.40 15.00 15.00 15.00 15.00 16.25 15.00 16.25 16.00 15.75 15.00 15.00 16.00 15.50 15.75 15.00 15.00 15.00 15.00 3 (f) 8.50 9.75 9.75 SLF Rate Overnight (f) 7.00 7.75 7.75 SDF Rate Sri Lanka Central Bank of Bank 15.00 6.50 8.50 15.00 6.50 8.50 15.00 6.50 8.00 15.00 6.50 8.00 15.00 6.50 8.00 15.00 6.50 8.00 15.00 6.50 8.00 15.00 7.50 9.50 15.00 7.00 9.00 15.00 7.00 9.00 15.00 7.00 9.00 15.00 7.00 9.00 15.00 7.00 9.00 15.00 6.50 8.50 15.00 15.00 7.50 9.50 15.00 6.50 8.50 15.00 15.00 15.00 7.50 9.50 15.00 7.50 9.50 15.00 7.50 9.50 15.00 7.00 9.00 15.00 6.50 8.50 Rate (b) of End Period November December January February March April 1st Qtr 1st April May June July August September October 2nd Qtr Qtr 2nd Qtr 3rd 4th Qtr Qtr 1st Qtr 2nd Qtr 3rd 4th The rate at which the Central Bank grants advances to banking institutions as the lender of last resort. Average Weighted Deposit Rate (AWDR) is calculated by Central Bank monthly, based on the weighted average of all outstanding interest bearingThe Average deposits Weighted of commercial Prime Lending banks Rate (AWPR) and is the calculated corresponding by the Central interest Bank weekly, rates. based on commercial bank's lending to their primeThe customers Sri Lanka Inter-Bank during the Offered week. The monthly Rate (SLIBOR) figures is computed are average daily values by the of Centralestimated Bank, weekly based rates. on rates offered by commercial banksRepurchase in the inter-bank Rate and market. Reverse The Repurchase rate shown is Rate the were average renamed ofsuch as offered Standing rates Deposit by selected Facility commercial Rate (SDFR) and Standing banks. Lending Facilty Rate(SLFR) respectively, with effect from 02 January 2014. All interest rates are as at the end of period, unless otherwise stated. (b) (c) (d) (e) (f) (a) SECTOR FINANCIAL 2014 2014 2013 2012 2013 2011 2012 2013

Central Bank of Sri Lankaw Bulletin w May 2014 w 389 year – – – – – – – – – – – – – – – – – – – – – – – – <= 10 Rs. million / year <= 6 – – – – – – – – – – – – – – – – – – – – – – – – TABLE 61 TABLE year <= 5 <= 5 9.69 9.30 9.95 9.69 9.28 9.28 8.95 9.10 9.69 11.85 11.83 11.83 11.23 11.24 11.16 11.24 11.85 11.38 11.28 11.83 11.48 14.15 13.80 10.86 year <= 4 <= 4 9.08 9.16 9.92 9.08 8.98 8.98 8.85 8.85 9.08 11.95 11.60 11.43 11.15 11.13 11.15 11.95 11.23 11.05 11.43 11.28 14.03 13.60 10.67 10.83 Per cent per annum Treasury Bonds Treasury year <= 3 <= 3 9.10 8.60 9.85 9.10 7.95 7.95 7.80 8.05 9.10 11.75 11.30 11.25 11.05 11.05 11.05 11.75 11.15 11.25 11.18 13.75 13.33 10.30 10.43 10.88 year <= 2 <= 2 Primary Dealers in Government Securities Central Bank of Sri Lanka 8.83 8.43 9.45 8.83 7.60 7.60 7.55 7.65 8.83 11.70 11.15 11.00 11.00 11.00 11.70 11.15 11.05 Yield Rates (d) Yield 13.20 13.20 10.95 10.05 10.15 10.80 10.95

– – – – – – – – – – – – – – – – – – – – – – – – year <= 1 <= 1 Sources: day 9.86 9.58 8.23 7.15 9.25 8.23 7.03 7.03 7.05 7.00 8.23 11.65 11.65 11.30 11.43 12.81 12.98 10.58 10.60 10.80 10.90 10.80 10.48 10.58 < = 364 day 9.65 9.70 9.05 8.80 9.25 9.95 9.25 9.65 9.65 8.05 7.05 8.78 8.05 6.83 6.83 6.90 6.80 8.05 11.30 11.30 12.50 12.73 10.25 10.35 <= 182 <= 182 Treasury Bills Treasury 8.58 8.65 8.05 8.20 8.63 9.25 8.80 8.63 8.60 8.58 7.63 6.90 8.60 7.63 6.63 9.40 6.63 6.75 6.65 7.63 day 11.05 11.30 <= 91 <= 91 10.10 10.10 Repur- 51,523 77,673 66,369 49,804 79,028 86,227 76,671 49,336 38,658 48,723 47,013 63,267 chased Reverse Reverse 110,405 147,374 530,391 177,530 130,004 215,059 582,120 744,390 122,003 169,101 217,739 182,700 Repur- 768,551 564,442 640,641 486,222 543,170 610,264 367,067 991,673 683,927 716,137 557,277 621,454 434,051 440,832 505,505 Repo Transactions chased 3,974,609 1,837,856 1,837,361 1,191,593 6,751,693 3,814,853 1,582,546 1,496,337 1,493,930 Secondary Market Operations (a) Operations (a) Secondary Market Treasury Bonds Treasury Sold 50,812 28,304 71,040 51,991 39,491 43,255 78,560 90,821 76,979 37,434 47,941 36,264 52,714 69,044 98,643 96,478 276,811 112,509 113,526 120,180 530,758 283,306 235,284 201,591 45,508 21,292 67,044 46,983 39,907 41,027 78,667 93,968 75,336 44,587 60,178 28,481 60,790 64,183 79,866 80,069 Outright Transactions 265,729 125,521 508,235 109,951 310,601 227,272 102,299 192,694 Purchased Repur- chased 41,874 40,551 65,687 22,126 72,138 75,588 28,734 52,918 67,618 52,194 49,337 38,283 27,057 59,632 10,675 32,656 21,900 Reverse Reverse Trading Volumes (c) Volumes Trading 116,547 210,626 199,920 650,291 128,171 150,558 205,653 87,659 Repo Transactions Repur- chased 113,258 110,475 375,541 140,316 173,683 625,721 203,945 201,046 414,788 409,997 505,061 220,730 228,225 136,520 109,804 321,432 136,498 539,038 123,969 397,416 1,542,543 2,067,236 1,163,849 Treasury Bills Treasury Sold 43,862 74,021 42,468 45,086 63,482 66,101 25,371 61,419 70,426 65,628 51,030 57,979 98,139 206,056 655,213 151,036 682,538 155,280 121,222 135,334 382,324 234,193 209,698 186,470 5,393 17,763 53,972 50,606 21,518 65,343 68,521 67,631 23,695 29,799 20,069 45,499 35,810 33,826 42,226 32,352 85,343 44,748 114,384 109,326 353,514 345,277 220,514 141,697 Outright Transactions Purchased – – – – – – – – – – – – – – – – – – – – – – – – (b) rities Secu- Rupee Rupee Yield Rates on Government Securities Government on Rates Yield 10 – – – – – – – – year – – – Above 11.75 11.75 12.13 12.50 12.15 12.09 12.50 12.15 12.13 12.30 10.76 12.15 10.61 10 – – – – – – – – – – – – – – – – – – – – year 11.80 11.80 11.80 14.75 9 – – – – – – – – – – – – – – – – – – – – – 10.0 year 11.77 11.77 8 – – – – – – – – – – – – – – – – – – 9.90 10.0 10.0 year 11.55 11.55 14.40 7 – – – – – – – – – – – – – – – – – – – – – – – – year 6 – – – – – – – – – – – – – – – – – – – – – 8.85 year 14.25 10.97 Treasury Bonds (e) Treasury 5 – – – – – – – – – – – – – – – 8.60 8.65 year 11.17 11.17 11.45 14.15 10.64 10.64 14.15. 4 Primary Market Operations – – – – – – – – – – – – – – – – – – – – – – 8.20 year 14.10 3 Weighted Average Yield Average Weighted Yield Rates – – – – – – – – – – – – – – – – – – – – 7.99 year 13.50 10.87 10.87 2 – – – – – – – – – – – – – – – – – – – – – – year 7.77 13.62 day 364 8.29 7.14 7.07 7.05 7.02 8.29 7.05 9.69 9.31 8.29 11.69 11.34 11.69 11.35 10.02 12.88 13.02 10.66 10.57 10.86 10.66 10.56 10.56 10.57 – day 182 9.11 7.85 7.00 6.89 6.82 6.79 9.70 9.63 7.85 6.82 9.90 9.70 9.66 9.64 9.63 8.80 8.71 7.85 11.32 11.32 10.23 12.61 12.57

Treasury Bills Treasury 91 day 7.54 6.82 6.72 6.65 6.58 9.23 8.73 8.66 8.63 8.61 8.60 8.56 8.06 9.26 8.66 8.60 7.54 6.65 8.68 7.54 11.12 11.30 10.00 10.00 of December January February March April April May June July August September October November 4th Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st 2nd Qtr 2nd Qtr 3rd End Period Trading volumes reported are cumulative for the period. volumes reported Trading rates. rates are averages of bid and offer Yield a regular basis. Hence, a continuous series of primary market yield rates does not exist. bonds are not issued on Treasury bills, Treasury Unlike Secondary market information is based on data provided by Primary Dealers in Government Securities. Secondary market information is based on data provided by The given rates include taxes. The yield rates on Rupee Securities are administratively determined. (c) (d) (e) 2014 (a) (b) 2013 2013 2014 2011 2012 2013 2012 SECTOR FINANCIAL

390 w Central Bank of Sri Lankaw Bulletin w May 2014 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 National Housing Authority Development TABLE 62 TABLE Per cent per annum Per cent per Bank 8.00-24.00 SANASA 9.00–15.50 8.00–15.50 9.00–15.50 8.00–24.00 8.00–24.00 8.00–24.00 8.00–24.00 8.00–15.50 9.00–15.50 9.00–15.50 8.00–12.00 8.00–15.50 9.00–15.50 8.00–24.00 8.00–20.00 8.00–15.50 8.00–24.00 8.00–24.00 8.00–24.00 8.00-22.00 8.00-24.00 8.00–24.00 8.00–24.00 Development Respective Licensed Specialised Banks National Housing Development Authority National Housing Development : Sources Bank DFCC 9.00-14.75 9.00-14.75 16.75–19.00 16.50–20.00 16.75–19.00 12.50–19.00 14.00–19.00 12.00–19.00 12.50–19.00 17.00–20.00 16.00–18.50 13.75–19.00 13.75–18.00 16.50–20.00 13.75–19.00 12.50–19.00 10.50–15.00 16.25–19.00 10.50–18.00 10.50–18.00 10.50–18.00 Lending Rates 10.50-16.00 11.25–15.00 11.25–14.75 & State Mortgage 11.50–13.50 17.00–20.00 17.00–19.00 17.00–20.00 13.00–18.00 13.00–18.00 13.00–17.50 13.00–18.00 15.50–16.50 17.00–20.00 14.75–19.00 14.75–19.00 17.00–19.00 14.75–19.00 13.00–18.00 13.00–16.50 10.25-17.50 10.25-19.00 12.00–17.50 10.25–17.50 Investment Bank Bank Savings National 11.00–15.50 14.00–15.50 14.00–15.50 14.00–15.50 14.00–15.50 14.00–15.50 14.00–15.50 14.00–15.50 14.00–15.50 14.00–15.50 14.00–15.50 14.00–15.50 14.00–15.50 14.00–15.50 14.00–15.50 10.00–12.50 13.00-16.50 13.00-16.50 14.00–15.50 13.00–16.50 Fixed (1 year) Deposits 8.00-9.50 8.25-12.00 13.00-16.50 10.25-17.50 9.50–10.00 8.25-12.00 11.00–13.75 11.00–13.00 11.00–13.00 11.00–13.00 11.00–13.00 12.00–15.75 12.00–15.75 12.00–15.75 10.50–12.50 10.50–12.50 9.50–12.00 9.00–12.00 10.50–12.50 10.50–12.50 10.00–14.75 10.00–14.75 12.00–15.75 10.50–12.50 14.00–15.50 12.75–17.50 10.50–12.50 14.00–15.50 12.75–17.50 12.75–17.50 10.50–12.50 14.00–15.50 Bank SANASA Development 4.00-6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00–6.50 4.00-6.50 4.00-6.50 4.00–6.50 4.00–6.50 Savings Deposits

7.25 9.50 8.25 7.25 7.25 11.00 11.00 11.00 11.00 11.00 11.00 11.00 13.50 12.75 12.00 14.00 13.50 12.00 10.75 10.00 10.00 14.00 14.00 14.00 10.00 10.00 10.00 Bank Fixed DFCC (1 year) Deposits Deposit Rates 8.50 8.25 9.50 8.25 8.25 8.25 Bank State 11.00 11.00 11.00 11.00 13.00 12.00 12.00 12.00 14.00 13.50 12.00 10.50 12.50 13.00 14.00 10.50 10.50 10.50 (1 year) Investment Mortgage & Fixed Deposits 9.50 8.00 9.50 9.50 9.50 9.50 8.00 8.00 7.50 12.00 Deposit and Lending Rates of Non-Commercial Bank Financial Institutions Savings National Certificates 8.00 9.50 9.50 9.50 9.50 8.00 8.00 7.50 12.00 12.50 Fixed (1 year) Deposits National Savings Bank National Savings 5.00 5.00 12.50 12.00 11.50 5.00 11.50 11.50 5.00 11.50 5.00 10.50 10.50 5.00 10.50 10.50 5.00 10.00 10.00 5.00 10.00 10.00 5.00 5.00 5.00 12.50 12.00 5.00 12.50 12.00 11.50 5.00 11.50 5.00 5.00 5.00 10.00 10.00 5.00 10.00 10.00 5.00 8.50 8.50 5.00 12.50 12.00 5.00 5.00 5.00 5.00 5.00 Savings

Deposits

of End January February March April 1st Quarter 1st April May June July August September October 4th Quarter 3rd Quarter Quarter 4th Quarter 1st Quarter 2nd 3rd Quarter 4th 2nd Quarter November December Period 2014 2014 2013 2013 2011 2012 2013 2012 SECTOR FINANCIAL

Central Bank of Sri Lankaw Bulletin w May 2014 w 391 Colombo PLC PLC Colombo

2.0

2.02 15.0 Union Bank of of Bank Union 5.0-6.0 4.5-5.5 7.0-7.5 8.0-11.5 8.0-12.0

10.0-14.0 14.0-16.0 7.23-7.76 7.25-7.75 7.25-7.75 7.40-7.85 4.60-5.64 13.0-19.0 14.5-19.0 12.0-15.0 7.25-8.00 7.25-8.00

9.63-20.00 Shanghai Banking Banking Shanghai

– – – – – The Hong-kong & & Hong-kong The 8.9-19.0 9.3-24.0 7.0-24.0 0.01-3.05 0.01-3.01 1.67-6.73 4.55-9.90 1.25-7.75 1.26-8.03 4.55-9.90 2.85-11.17 2.85-11.17 10.0-16.23 9.17-16.00 8.99-20.36 16.23-17.23 TABLE 63 TABLE

Per cent per annum

Licensed Commercial Banks State Bank of India India of Bank State 1.0 6.7 6.5 6.5 6.0 – – – – 1.01 3.0-5.0

Source : 14.0-17.0 14.0-15.0 15.0-16.0 14.0-15.0 14.0-16.0 16.0-18.0 14.0-16.0 14.0-17.0

Bank Bank Standard Chartered Chartered Standard 5.9 – – – – – – 10.5 0.0-0.1 0.0-0.1 3.9-4.7 0.7-3.0 3.5-4.5 0.7-3.0 3.56-4.59 5.5-5.9 5.5-5.9 5.4-5.7

8.8-11.4 6.9-13.5 7.4-10.9 7.6-24.0

11.3-12.8 Seylan Bank PLC PLC Bank Seylan 2.0 4.0 7.0 7.0 6.96 4.07 6.75 6.75 6.75 18.0 2.02- 4.5-7.0 8.0-16.5 11.5-18.0 14.0-16.5 12.0-15.0 14.0-16.5 13.0-16.5 12.0-16.5

7.65-12.00 Sampath Bank PLC Bank Sampath 2.5 6.5 6.5 6.0 6.5 6.5 9.0 9.65 2.53 6.17 12.0 7.0-8.0 7.65-12.00 8.0-16.0 4.15-7.00 4.25-6.38 4.34-6.56 15.0-18.0

7.62-13.00 7.25-14.00

11.75-18.00 12.25-12.50 Public Bank Berhad Berhad Bank Public 6.7 2.5 7.0 7.0 6.5 – – – – – – 0.25 0.25 10.5 2.53 6.0-7.0 11.0-15.5 10.0-13.5 13.0-15.5 10.5-18.5

10.00-14.75 People’s Bank Bank People’s 4.3 6.5 6.5 – 2.25 14.0 2.25 7.75 16.5 24.0 16.00 4.0-7.0 7.5-8.5 7.5-8.5

9.0-15.0

12.0-14.0 13.0-15.5 1.73-3.23 7.50-8.46 7.25-8.15 13.5-16.5 Corporation PLC PLC Corporation

2.0 7.5 7.5 7.0 7.0 7.0

– – 7.23 Pan Asia Banking Asia Pan 5.5-8.5 3.0-8.0

9.0-15.0

14.0-18.0 12.0-15.0 3.04-8.33 13.0-19.0 14.0-22.0 13.0-17.0 12.0-18.0 Bank PLC PLC Bank

15.5 Nations Trust Trust Nations 1.0-1.5 2.0-11.0 6.0-24.0 6.0-24.0 6.0-20.0 3.5-10.0 2.0-24.0 3.5-24.0 6.0-24.0 9.0-14.0

11.0-40.0 1.00-1.51 2.02 10.0-23.0 14.5-20.0

2.02-11.57 6.43-11.85 6.25-11.25 6.75-13.00 6.75-13.00 6.75-12.10 6.75-12.10 ment Bank PLC PLC Bank ment

2.0

– – 18.0 National Develop- National 6.8-8.5 3.0-7.0 7.0-16.0 8.0-14.3 11.0-13.5 3.04-7.23 6.70-8.03 6.75-7.75 6.50-7.75 8.50-15.0 6.75-7.75 10.5-14.5

13.25-18.50 10.00-10.28 Bank Ltd. Ltd. Bank

– – – MCB 0.0-7.0 7.0-11.5 7.0-11.5 0.0-7.23 7.0-12.0 7.0-12.0 11.0-19.5 6.95-7.75 1.26-2.53 2.02 1.25-2.50 6.75-9.75 3.65-5.07 2.95-7.50 19.0-24.0 6.95-7.75 8.2-17.0

7.75-12.03 6.95-24.00 6.96-10.20

11.81-12.03 Bank Bank

– – – – – – – – – 1.75 6.25 6.25 Indian Overseas Overseas Indian 4.0-5.0 4.0-5.0 6.75-7.75 6.75-7.75

10.03-11.03 10.03-11.03 10.03-11.03 Indian Bank Bank Indian – – – 1.75 – – – – – 9.88 9.5-10.5 9.0-10.0 2.00-2.25 4.50-5.25 4.75-6.75

9.28-11.38 9.38-11.38 9.09-10.10 9.59-10.60

10.38-11.38 10.38-11.38 10.38-11.38 ICICI Bank Ltd. Bank ICICI 0.2 – – – – – – – – – 0.2-0.5 Interest Rates on Deposits – % per annum Interest Rates on Deposits – % Interest Rates on Advances – % per annum Interest Rates on

6.25-6.50 6.08-6.30 6.25-6.40 1.28-5.43 9.30-24.0 6.25-6.50

1.28-12.72 8.52-12.72 Bank PLC PLC Bank

– – Hatton National National Hatton 20.0 6.5-7.0 4.0-6.0 4.0-6.0 4.0-5.0 7.0-8.0 6.5-7.0

4.07-6.17 4.25-4.50 13.0-18.0 13.5-15.0 12.5-22.0 7.25-9.25 14.0-14.5 6.30-6.75 6.49-6.96 2.00-2.25 2.02-2.27 12.5-15.0 12.0-14.5 13.5-24.0 12.5-22.0 Habib Bank Ltd. Ltd. Bank Habib 8.5 9.0 8.0 8.3 1.0 1.0 4.5 – – – – – – – – 4.59 8.50 2.0-7.0 3.4-9.0

9.03-18.00 6.47-20.00 Bank Ltd. Ltd. Bank

6.5 6.5 6.5 6.5 – – – DFCC Vardhana Vardhana DFCC 6.25 6.43 1.25 1.26 16.0 4.5-7.0 11.0-15.0 11.5-15.0 11.0-15.0 13.5-14.0

11.25-12.25 13.50-13.75 Deutsche Bank AG AG Bank Deutsche 8.4 – – – – – – – – – – – – – – 10.0

3.0-6.7 2.02-5.12 5.5-6.0 5.5-6.0 3.0-6.5 2.0-5.0

7.0-13.8 Ceylon PLC Ceylon

– – Commercial Bank of of Bank Commercial 6.95- 6.5-7.0 6.5-7.0 6.3-6.8 7.0-7.5 7.0-13.0 2.0-13.5

11.0-18.0 11.0-19.0 6.49-7.02 2.25-2.65 2.27-2.68 10.0-24.5 2.75-6.66

7.00-13.91 7.25-16.00 7.25-13.75 Citi Bank, N.A. Bank, Citi 0.7 4.07-5.64 – – – – – – – – – – – 3.0-6.0 0.2-0.5 4.1-7.0 4.0-5.5 8.0-11.0 8.0-14.0 8.0-14.0 8.0-14.0 8.0-14.0

Interest Rates of Licensed Commercial Banks (as at 30th April, 2014) April, at 30th Banks (as Commercial Licensed Rates of Interest Cargills Bank Ltd. Bank Cargills 6.5 6.7 – – – – – – – – – – – – 7.0-7.5 7.0-7.5

8.00-8.58 8.00-8.58 8.0-14.0

8.41-12.00 Bank of Ceylon of Bank – – – 2.25 16.0 8.0-9.0 4.0-5.0 4.59-5.64 4.0-5.0 4.5-5.5 7.5-8.0 7.5-8.0 8.6-10.6 8.5-12.5

12.5-13.5 12.5-14.5 12.0-15.5 7.25-7.75 7.50-8.03

7.85-11.60 7.85-11.60 Axis Bank Axis – – – – – – 7.6-8.6 2.0-6.0 7.7-8.7

1.0-10.0 3.75-6.00 8.0-15.0 8.0-16.0 8.0-16.0 8.0-16.0 8.0-15.0 9.0-18.0

7.87-8.95 0.20-0.35 0.20-0.35 2.25 2.02-6.17 7.93-8.99 Amana Bank Ltd. Bank Amana – – – – 19.0 7.5-8.0 7.5-8.0 6.5-10.5 12.9-24.0 14.0-14.5 3.97-7.60 1.75-3.50 1.76-3.56 3.00-7.25 3.04-7.50 6.70-11.02 9.27-14.73 9.27-15.16 9.27-14.73 12.12-16.25

9.27-13.25

Bank Annual Effective Rate Annual Effective Rate Annual Effective Annual Effective Rate Annual Effective Rate Annual Effective Deposits & Advances Corporate Lending Personal / Retail Lending - Rupee Facilities - Rupee Facilities - One year - US Dollars Annual Effective Rate Annual Effective Interest payable at maturity Interest payable monthly (up to one year) SECTOR FINANCIAL Residential Housing SMI Lending (up to 5 years) Pawning US Dollar Loans to Exporters Overdrafts Lending to Prime Customers Export Bill Finance Import Bill Finance Lease Finance Agriculture - short-term Certificates of Deposit NRFC Savings Deposits ADVANCES SELECTED TYPES OF SELECTED TYPES OF DEPOSITS Savings Deposits Deposits - 12 months Time

392 w Central Bank of Sri Lankaw Bulletin w May 2014 50 50 Rs. 5 Rs. 23 Rs. Rs. Rs. 100 Rs. 100 Rs. 200 Rs. 500 Rs. 250 Rs. 100 Rs. 200 TABLE 64 TABLE 500 750

6,000 50,000 Rs. 250 Rs. 750 Rs. Rs. Rs. 2,500 Rs. 3,000 Rs. 2,500 Maximum Minimum Rs. Rs. 10,000 Rs. Rs. 150,000

Issuing fee Issuing fee Renewal fee fees – for insufficient funds – technical objections Application processing Inspection charges cards ATM – Credit cards – – Issuing cheques Returned cheques Stopped cheques Standing instructions Monthly service charges and Credit Cards ATM C. Domestic Banking Operations C. Domestic Current Accounts Loans

0.50% 1.00% 0.07% 0.50% Rs. 50 US $ 2 US $ 2 US $ 2 US $ 5 US $ 3 US $ 2 Rs. 500 Rs. 200 Rs. 250 Rs. 500 Rs. 200 Rs. 300 Rs. 100 Rs. 500 1.50% 1.00% 0.50% Rs. 50 US $ 5 1.00% Rs. 500 Rs. 500 US $ 60 US $ 76 US $ 35 US $ 35 Rs.3,500 US $ 150 Rs. 7,500 Rs. 1,000 Rs. 3,500 Maximum Minimum Rs. 20,000 Rs. 10,000

(as at end December December (as at end 2013)

purchased transfers Foreign drafts Telegraphic Foreign drafts commission Agent’s Issuing charges Encashment charges TTs Inward cheques Traveller’s Telegraphic transfers Telegraphic Foreign currency notes – Outward Inward B. Foreign Remittances

Foreign Remittances Cheques Traveller’s Foreign Currency Accounts Commercial Banks’ Fees and Commissions Fees and Banks’ Commercial

0.13% 0.18% 0.14% 0.10% 0.10% 0.25% US $ 5 US $ 7 US $ 8 US $ 8 Rs. 750 Rs. 750 Rs. 750 Rs. 500 Rs. 200 US $ 15 US $ 10 US $ 15 US $ 20 US $ 15 Rs. 1,500 Rs. 1,000 Rs. 2,000 Rs. 1,500 Rs. 1,500 0.50% 0.63% 0.50% 0.38% 1.00% 0.50% US $ 75 US $ 30 US $ 50 US $ 75 US $ 45 US $ 150 US $ 130 US $ 300 US $ 400 Rs. 3,000 Rs. 4,500 Rs. 3,250 Rs. 7,500 Rs. 3,000 Maximum Minimum Rs. 10,000 Rs. 50,000 Rs. 15,000 Rs. 10,000 Rs. 100,000

discrepancies discrepancies documentary credit documentary bills Telex charges Telex Commercial banks charge a variety of fees and commissions on their services. The table gives The a range of the maximum and minimum fees and commissions which are based on the information provided by Commercial banks charge a variety of fees and commissions on their services. charges for some specific products couldThese includeare chargesstandard payable charges toof bankscommercial abroad.banks. ForHowever, example, banks in Sri Lanka may include in their charge fees transmission used. depending on the mode of transmission outward from Sri Lanka would differ, In the case of Documentary Credits, the charges for Loan application processing fees vary according to the loan amount. Establishing of LCs Import bills for / Transmission DC Documents with Negotiation of Bills for collection Confirmation of Documents with commercial banks. These charges, which do not change very frequently, are published semi-annually to enable the public to negotiate best terms. These fees and commissions could be different when services commissions could be different and These fees terms. negotiate best are published public to semi-annually enable the to frequently, change very These charges, whichdo not commercial banks. and products are provided as a package. to Letters of Credit, and for correction of discrepancies. payable to banks abroad such as for adding confirmation Shipping indemnities

LC Advising Charges Import Services

Export Services SECTOR FINANCIAL (1) (2) (3) (4) Notes : collection

A. Export and Import RelatedA. Export and Transactions

Central Bank of Sri Lankaw Bulletin w May 2014 w 393 2.0 2.02 15.0 5.0-6.0 4.5-5.5 7.0-7.5 8.0-11.5 8.0-12.0 10.0-14.0 14.0-16.0 7.23-7.76 7.40-7.85 7.25-7.75 7.25-7.75 4.60-5.64 13.0-19.0 14.5-19.0 12.0-15.0 7.25-8.00 7.25-8.00 9.63-20.00 – – – – – 8.9-19.0 9.3-24.0 7.0-24.0 0.01-3.05 0.01-3.01 1.67-6.73 4.55-9.90 1.25-7.75 1.26-8.03 4.55-9.90 2.85-11.17 2.85-11.17 10.0-16.23 9.17-16.00 8.99-20.36 16.23-17.23 1.0 6.7 6.5 6.5 6.0 – – – – 1.01 3.0-5.0 14.0-17.0 14.0-15.0 15.0-16.0 14.0-15.0 14.0-16.0 16.0-18.0 14.0-16.0 14.0-17.0 5.9 – – – – – – 10.5 0.0-0.1 0.0-0.1 3.9-4.7 5.5-5.9 0.7-3.0 3.5-4.5 5.5-5.9 0.7-3.0 3.56-4.59 5.4-5.7 8.8-11.4 6.9-13.5 7.4-10.9 7.6-24.0 11.3-12.8 2.0 7.0 4.0 7.0 6.96 4.07 6.75 18.0 6.75 6.75 2.02- 4.5-7.0 8.0-16.5 11.5-18.0 14.0-16.5 12.0-15.0 14.0-16.5 12.0-16.5 13.0-16.5 7.65-12.00 2.5 6.5 6.0 6.5 9.0 6.5 6.5 9.65 2.53 6.17 12.0 7.0-8.0 7.65-12.00 8.0-16.0 4.15-7.00 4.25-6.38 4.34-6.56 15.0-18.0 7.62-13.00 7.25-14.00 11.75-18.00 12.25-12.50 6.7 7.0 6.5 2.5 7.0 – – – – – – 0.25 0.25 10.5 2.53 6.0-7.0 11.0-15.5 10.0-13.5 13.0-15.5 10.5-18.5 10.00-14.75 4.3 6.5 6.5 – 14.0 2.25 2.25 7.75 16.5 24.0 16.00 7.5-8.5 4.0-7.0 7.5-8.5 9.0-15.0 12.0-14.0 13.0-15.5 1.73-3.23 7.50-8.46 7.25-8.15 13.5-16.5 2.0 7.5 7.0 7.5 7.0 7.0 – – 7.23 5.5-8.5 3.0-8.0 9.0-15.0 14.0-18.0 12.0-15.0 13.0-19.0 3.04-8.33 14.0-22.0 13.0-17.0 12.0-18.0 15.5 1.0-1.5 2.0-11.0 6.0-24.0 6.0-24.0 6.0-20.0 3.5-10.0 2.0-24.0 3.5-24.0 6.0-24.0 9.0-14.0 11.0-40.0 1.00-1.51 2.02 10.0-23.0 14.5-20.0 2.02-11.57 6.43-11.85 6.25-11.25 6.75-13.00 6.75-13.00 6.75-12.10 6.75-12.10 2.0 – – 18.0 6.8-8.5 3.0-7.0 7.0-16.0 8.0-14.3 11.0-13.5 3.04-7.23 6.70-8.03 8.50-15.0 6.75-7.75 6.50-7.75 10.5-14.5 6.75-7.75 13.25-18.50 10.00-10.28 – – – 0.0-7.0 7.0-11.5 7.0-11.5 0.0-7.23 7.0-12.0 7.0-12.0 11.0-19.5 6.95-7.75 1.26-2.53 2.02 1.25-2.50 3.65-5.07 2.95-7.50 6.75-9.75 19.0-24.0 6.95-7.75 8.2-17.0 7.75-12.03 6.95-24.00 6.96-10.20 11.81-12.03 – – – – – – – – – 1.75 6.25 6.25 4.0-5.0 4.0-5.0 6.75-7.75 6.75-7.75 10.03-11.03 10.03-11.03 10.03-11.03 – – – 1.75 – – – – – 9.88 9.5-10.5 9.0-10.0 2.00-2.25 4.50-5.25 4.75-6.75 9.28-11.38 9.38-11.38 9.09-10.10 9.59-10.60 10.38-11.38 10.38-11.38 10.38-11.38 0.2 – – – – – – – – – 0.2-0.5 6.25-6.40 1.28-5.43 6.25-6.50 6.08-6.30 9.30-24.0 6.25-6.50 1.28-12.72 8.52-12.72 – – 20.0 4.0-6.0 6.5-7.0 4.0-6.0 4.0-5.0 7.0-8.0 6.5-7.0 4.07-6.17 4.25-4.50 12.5-22.0 7.25-9.25 12.5-15.0 13.0-18.0 14.0-14.5 13.5-15.0 6.49-6.96 2.00-2.25 2.02-2.27 12.0-14.5 6.30-6.75 13.5-24.0 12.5-22.0 9.0 8.3 1.0 1.0 8.5 8.0 4.5 – – – – – – – – 4.59 8.50 2.0-7.0 3.4-9.0 9.03-18.00 6.47-20.00 6.5 6.5 6.5 6.5 – – – 6.43 1.25 1.26 6.25 16.0 4.5-7.0 11.0-15.0 11.5-15.0 11.0-15.0 13.5-14.0 11.25-12.25 13.50-13.75 8.4 – – – – – – – – – – – – – – 10.0 3.0-6.7 2.02-5.12 3.0-6.5 2.0-5.0 5.5-6.0 5.5-6.0 7.0-13.8 – – 6.95- 7.0-7.5 6.3-6.8 6.5-7.0 6.5-7.0 7.0-13.0 2.0-13.5 11.0-18.0 11.0-19.0 6.49-7.02 2.25-2.65 2.27-2.68 10.0-24.5 2.75-6.66 7.25-16.00 7.00-13.91 7.25-13.75 0.7 4.07-5.64 – – – – – – – – – – – 0.2-0.5 3.0-6.0 4.1-7.0 4.0-5.5 8.0-11.0 8.0-14.0 8.0-14.0 8.0-14.0 8.0-14.0 6.5 6.7 – – – – – – – – – – – – 7.0-7.5 7.0-7.5 8.00-8.58 8.00-8.58 8.0-14.0 8.41-12.00 – – – 2.25 16.0 8.0-9.0 4.0-5.0 4.59-5.64 4.0-5.0 4.5-5.5 7.5-8.0 7.5-8.0 8.6-10.6 8.5-12.5 12.5-13.5 12.5-14.5 12.0-15.5 7.25-7.75 7.50-8.03 7.85-11.60 7.85-11.60 – – – – – – 2.0-6.0 7.7-8.7 7.6-8.6 8.0-16.0 8.0-15.0 8.0-15.0 8.0-16.0 8.0-16.0 1.0-10.0 3.75-6.00 9.0-18.0 7.87-8.95 0.20-0.35 0.20-0.35 2.25 2.02-6.17 7.93-8.99 – – – – 19.0 7.5-8.0 7.5-8.0 6.5-10.5 1.75-3.50 1.76-3.56 12.9-24.0 14.0-14.5 3.97-7.60 3.00-7.25 3.04-7.50 6.70-11.02 9.27-14.73 9.27-14.73 9.27-15.16 12.12-16.25 9.27-13.25

FINANCIAL SECTOR TABLE 65 Cheque Clearing and SLIPS(a) Value in Rs. million

Cheque Clearing SLIPS Period No. Value No. Value

2011 46,012,308 6,201,792 12,443,222 421,806 2012 47,757,055 6,591,629 14,475,090 552,577 2013 47,876,030 7,048,625 17,121,730 702,467

2012 2nd Quarter 11,492,136 1,638,231 3,593,209 133,481 3rd Quarter 11,908,360 1,622,522 3,572,360 141,229 4th Quarter 12,123,899 1,678,543 3,915,894 154,625

2013 1st Quarter 11,633,262 1,663,257 3,842,260 156,010 2nd Quarter 11,821,594 1,741,537 4,252,632 171,832 3rd Quarter 12,205,485 1,768,940 4,254,477 178,917 4th Quarter 12,215,689 1,874,890 4,772,361 195,707

2014 1st Quarter 12,031,897 1,842,364 4,791,266 197,270

2013 April 4,252,316 620,556 1,565,630 61,376 May 3,923,044 588,673 1,343,606 55,738 June 3,646,234 532,309 1,343,396 54,718 July 4,336,319 609,065 1,423,685 62,019 August 3,897,133 576,802 1,412,459 58,404 September 3,972,033 583,073 1,418,333 58,494 October 4,155,263 627,349 1,515,184 62,466 November 3,881,918 585,108 1,484,924 60,075 December 4,178,508 662,433 1,772,253 73,166

2014 January 4,165,713 648,872 1,557,467 64,442 February 3,671,544 564,503 1,555,369 62,185 March 4,194,640 628,989 1,678,430 70,643 April 3,932,040 606,492 1,878,254 74,133

(a) SLIPS : Sri Lanka Interbank Payments System Source : LankaClear (Pvt) Ltd.

394 w Central Bank of Sri Lanka w Bulletin w May 2014 (15) 0.56 Month 0.83 0.81 0.75 0.80 0.74 0.79 0.95 0.76 0.70 0.77 Rs. million Rate of Turnover for 6.73 TABLE 66 TABLE 2.48 9.72 2.24 2.40 2.22 2.36 2.85 2.28 2.10 0.74 0.79 0.91 1.08 0.64 9.25 0.77 0.72 0.73 0.76 0.81 0.87 0.76 0.75 (14) (12)÷(13) (11)÷(13) Total Period (13) : Central Bank of Sri Lanka Savings Average Average Deposits 645,025.6 879,112.7 879,112.7 723,496.9 775,809.0 725,532.6 732,491.6 747,191.0 766,245.0 779,213.4 810,586.5 860,325.8 903,910.5 761,458.2 777,172.7 778,205.5 858,012.4 727,580.7 813,244.0 843,852.4 763,725.4 773,551.4 782,262.0 804,081.9 814,433.5 Source

(12) Average 361,988.7 597,703.6 628,470.9 541,369.8 586,903.6 553,072.0 603,643.1 740,457.9 616,710.7 602,566.9 561,101.9 Deposit Accounts (11) Total 611,277.2 611,277.2 673,043.3 602,850.3 704,105.2 839,631.1 553,260.8 624,102.0 609,455.4 644,984.4 579,298.5 628,780.5 677,637.5 614,752.8 Value of Debits to Savings of Debits to Savings Value 1,793,110.8 1,793,110.8 7,541,651.2 1,624,109.5 1,760,710.7 1,659,216.1 1,810,929.3 2,221,373.8 1,850,132.1 1,807,700.6 6,733,222.8 for Period 0.14 4,343,865.0 0.09 0.12 0.12 0.10 0.09 0.08 0.08 0.09 0.09 0.11 0.11 (a)(b) (10) Month (7)÷(8) Rate of Turnover 1.71 for (9) 0.07 0.35 0.35 0.31 0.27 0.25 0.24 0.26 0.26 0.08 0.08 0.08 0.08 1.02 0.08 0.09 0.09 0.09 1.37 0.09 0.08 0.07 0.08 Period Total (6)÷(8) (8) Time Time Average Average 708,451.3 Deposits 1,118,208.7 1,118,208.7 1,597,346.8 1,084,748.9 1,155,229.1 1,233,692.1 1,347,755.4 1,436,931.4 1,483,017.8 1,547,203.5 1,602,721.0 1,415,946.3 1,465,387.0 1,481,771.5 1,607,758.4 1,453,727.0 1,555,495.4 1,561,043.6 1,598,081.9 1,602,322.8 1,437,143.4 1,457,704.5 1,501,894.7 1,525,071.4

Average 100,676.7 116,813.5 116,813.5 126,658.1 133,332.2 127,512.8 122,430.8 121,932.8 134,498.4 136,348.7 123,918.9 127,862.8 Value of Debits to Value (6) (7) Total Time Time Deposit Accounts 116,162.8 116,162.8 115,637.3 115,637.3 119,841.7 379,974.2 399,996.5 382,538.4 367,292.5 365,798.3 350,440.6 403,495.1 409,046.1 123,188.8 122,294.6 130,936.0 143,517.0 139,131.2 147,620.4 129,859.2 120,301.8 107,410.1 129,042.1 1,487,026.5 1,534,353.3 for Period 8.15 1,208,120.3 (5) 9.70 9.35 9.11 9.67 9.63 9.66 9.74 9.53 11.10 11.10 10.00 Month (2)÷(3) Rate of Turnover 9.30 9.86 9.54 9.94 9.09 9.96 9.41 9.49 9.77 9.76 9.83 for (4) 97.85 29.11 29.11 28.06 27.33 29.01 28.88 30.00 28.99 33.29 13.84 10.48 116.87 114.35 Period Total (1)÷(3) Commercial Bank Debits and Deposits Turnover Deposits and Bank Debits Commercial (3) Average Average Demand Deposits 185,914.1 201,022.6 204,690.1 201,440.9 197,343.7 202,753.3 203,009.4 208,307.4 217,950.4 176,074.8 187,332.3 185,232.0 182,698.7 185,040.3 184,654.4 188,047.6 204,283.1 180,298.7 175,172.9 175,590.2 183,539.3 185,087.6 188,890.9 177,891.0

Monthly Average 1,435,686.2 1,749,433.4 1,638,293.2 1,599,686.2 1,774,876.3 1,781,653.0 1,859,176.4 1,942,712.5 2,271,514.4 1,839,604.6 1,695,149.4

Value of Debits to Value (1) (2) Total 1,873,684.4 1,945,352.2 1,934,378.2 2,808,786.2 2,071,378.8 1,981,760.2 5,248,300.3 4,914,879.5 4,799,058.7 5,344,958.9 5,577,529.1 5,828,137.5 6,814,543.3 1,866,483.6 1,743,833.2 1,734,642.1 1,938,789.0 1,803,235.7 1,835,504.4 2,009,100.9 Demand Deposit Accounts 5,324,629.0 17,228,233.9 20,341,792.6 22,075,254.6

for Period the Period During November December January February March April April May June July August September October 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter and public corporations. Provisional This covers debits made to demand, time and savings accounts (denominated in Rupees) held by residents and non-residents excluding the government banks for demand deposits, time deposits and savings deposits, respectively. the data are for 18, 15 and 16 commercial April 2011 From January 2008 to * (b) (a)

2014 2013 2013 2014 2011 2012 2013 2012 SECTOR FINANCIAL

Central Bank of Sri Lankaw Bulletin w May 2014 w 395 FINANCIAL SECTOR TABLE 67

Ownership of Demand, Time and Savings Deposits of the Private Sector with Commercial Banks Amount in Rs. million

Demand Time Savings Total End of Description Period Amount % Amount % Amount % Amount %

1. Financial Institutions Jun 2013 11,631 5.3 70,638 4.3 5,562 0.7 87,830 3.3 Sep 2013 10,672 4.6 61,941 3.7 5,978 0.7 78,590 2.8 Dec 2013 14,112 5.7 73,772 4.4 7,524 0.8 95,408 3.4 Mar 2014 14,208 5.6 89,912 5.1 5,709 0.6 109,829 3.7

2. Plantations Jun 2013 1,834 0.8 4,255 0.3 2,027 0.2 8,115 0.3 Sep 2013 2,044 0.9 3,811 0.2 2,104 0.3 7,959 0.3 Dec 2013 2,846 1.2 4,321 0.3 1,667 0.2 8,834 0.3 Mar 2014 3,406 1.3 4,575 1.8 1,504 0.6 9,485 3.7

3. Trading Jun 2013 17,314 7.9 28,901 1.8 8,929 1.1 55,143 2.1 Sep 2013 19,006 8.2 29,317 1.7 8,427 1.0 56,751 2.0 Dec 2013 20,640 8.3 33,229 2.0 9,334 1.1 63,204 2.2 Mar 2014 21,858 8.6 38,710 2.2 11,623 1.2 72,192 2.4

4. Manufacturing Establishments Jun 2013 12,180 5.6 22,982 1.4 6,272 0.8 41,434 1.6 Sep 2013 14,868 6.4 24,364 1.4 6,373 0.7 45,605 1.6 Dec 2013 15,125 6.1 21,927 1.3 6,577 0.7 43,629 1.5 Mar 2014 18,163 7.1 27,373 1.5 7,508 0.8 53,043 1.8

5. Other Business Institutions Jun 2013 69,400 31.8 236,586 14.5 46,284 5.9 352,270 13.3 Sep 2013 76,358 32.8 253,369 15.0 44,447 5.2 374,174 13.5 Dec 2013 79,327 32.1 256,221 15.2 47,857 5.4 383,404 13.6 Mar 2014 78,798 31.0 249,878 14.0 49,619 5.2 378,295 12.7

6. Non-Business Institutions Jun 2013 24,706 11.3 107,175 6.6 14,461 1.8 146,342 5.5 Sep 2013 25,212 10.8 121,092 7.2 16,409 1.9 162,713 5.9 Dec 2013 26,205 10.6 110,759 6.6 17,585 2.0 154,549 5.5 Mar 2014 26,551 10.4 122,822 6.9 21,096 2.2 170,468 5.7

7. Local Authorities Jun 2013 8,573 3.9 13,516 0.8 3,898 0.5 25,987 1.0 Sep 2013 9,043 3.9 13,879 0.8 3,968 0.5 26,890 1.0 Dec 2013 12,413 5.0 13,070 0.8 4,303 0.5 29,786 1.1 Mar 2014 9,832 3.9 13,269 0.7 4,983 0.5 28,084 0.9

8. Individuals Jun 2013 72,660 33.3 1,152,037 70.4 697,363 88.9 1,922,060 72.8 Sep 2013 75,297 32.4 1,176,518 69.9 764,285 89.7 2,016,101 72.8 Dec 2013 76,818 31.0 1,176,514 69.6 791,937 89.3 2,045,269 72.4 Mar 2014 81,493 32.0 1,232,824 69.3 843,103 89.2 2,157,421 72.4

9. Total Jun 2013 218,298 100.0 1,636,088 100.0 784,795 100.0 2,639,181 100.0 Sep 2013 232,501 100.0 1,684,292 100.0 851,992 100.0 2,768,785 100.0 Dec 2013 247,487 100.0 1,689,813 100.0 886,783 100.0 2,824,083 100.0 Mar 2014 254,309 100.0 1,779,363 100.0 945,145 100.0 2,978,817 100.0

Source : Central Bank of Sri Lanka

396 w Central Bank of Sri Lanka w Bulletin w May 2014 FINANCIAL SECTOR TABLE 68

Commercial Banks’ Loans and Advances to the Private Sector (a)(b)

March 2013 March 2014 (c) % Category Amount as a % of Amount as a % of Change (Rs. mn.) Total (Rs. mn.) Total

1. Agriculture and Fishing 323,585 13.5 285,728 11.2 -11.7 of which, Tea 45,096 1.9 58,075 2.3 28.8 Rubber 14,650 0.6 18,525 0.7 26.4 Coconut 5,302 0.2 7,368 0.3 39.0 Paddy 13,012 0.5 16,619 0.6 27.7 Vegetable and Fruit Cultivation, and Minor Food Crops 13,639 0.6 14,006 0.5 2.7 Livestock and Dairy Farming 7,222 0.3 8,617 0.3 19.3 Fisheries 10,044 0.4 10,046 0.4 0.0

2. Industry 786,643 32.9 974,904 38.1 23.9 of which, Construction 344,014 14.4 388,601 15.2 13.0 of which, Personal Housing including Purchasing / Construction / Repairs 162,076 6.8 180,507 7.0 11.4 Staff Housing 47,527 2.0 50,753 2.0 6.8 Food and Beverages 54,552 2.3 65,223 2.5 19.6 Textiles and Apparel 92,856 3.9 106,829 4.2 15.0 Wood and Wood Products including Furniture 6,846 0.3 7,538 0.3 10.1 Paper and Paper Products 5,747 0.2 8,078 0.3 40.6 Chemical, Petroleum, Pharmaceutical and Healthcare and Rubber and Plastic Products 35,137 1.5 99,843 3.9 184.2 Non-Metallic Mineral Products 7,950 0.3 9,266 0.4 16.6 Basic metal Products 11,155 0.5 12,196 0.5 9.3 Fabricated Metal Products, Machinery and Transport Equipment 72,590 3.0 83,156 3.2 14.6 Manufactured Products not specified elsewhere 6,949 0.3 9,057 0.4 30.3

3. Services 543,637 22.7 612,458 23.9 12.7 of which, Wholesale and Retail Trade 194,836 8.1 211,358 8.2 8.5 Tourism 52,581 2.2 63,400 2.5 20.6 Financial and Business Services 120,638 5.0 108,267 4.2 -10.3 Transport 20,956 0.9 29,589 1.2 41.2 Communication and Information Technology 27,784 1.2 28,031 1.1 0.9 Printing and Publishing 9,326 0.4 11,060 0.4 18.6 Education 4,547 0.2 4,954 0.2 8.9 Health 9,339 0.4 12,303 0.5 31.7 Shipping, Aviation and Supply, and Freight Forwarding 5,479 0.2 9,581 0.4 74.9

4. Personal Loans and Advances (d) 713,613 29.8 657,932 25.7 -7.8 of which, Consumer Durables 61,228 2.6 79,613 3.1 30.0 Pawning 345,274 14.4 252,908 9.9 -26.8 Credit Cards 45,575 1.9 52,560 2.1 15.3 Personal Education 821 0.0 1,353 0.1 64.8 Personal Healthcare 683 0.0 1,930 0.1 182.7

5. Safety Net Scheme Related 25,498 1.1 31,013 1.2 21.6 (e.g.: Samurdhi)

6. Total 2,392,976 100.0 2,562,035 100.0 7.1

(a) Based on the Quarterly Survey of Commercial Banks’ Loans and Advances to the Private Sector, Source : Central Bank of Sri Lanka which includes loans and advances of both DBUs and OBUs of commercial banks. (b) Includes loans, overdrafts, bills discounted and purchased, and exclude cash items in the process of collection (c) Provisional (d) Excludes personal housing loans, which have been included under ‘Construction’ classified under ‘Industry’.

Central Bank of Sri Lanka w Bulletin w May 2014 w 397 – – – – – – – – – – – – – – – – – – – – – – – – Rs. million Total at the end Outstanding of the Period TABLE 69 TABLE – – – – – – – – – – – – – – – – – – – – – – – – Period Capital during the Repayments NDB Refinance Credit – – – – – – – – – – – – – – – – – – – – – – – – Development Finance Corporation of Ceylon National Development Bank State Mortgage and Investment Bank Credit Period

Granted during the

Sources : SMIB 18,430 18,826 18,512 18,705 18,904 19,552 19,944 20,594 21,224 16,485 16,960 18,512 19,134 18,723 19,134 17,707 18,430 20,312 21,224 20,312 20,912 13,745 15,530 17,707 54,170 52,832 53,269 52,868 53,003 52,086 53,472 54,437 58,290 53,162 51,022 51,671 53,269 52,267 52,267 53,412 54,170 54,740 58,290 54,740 54,679 33,415 47,688 53,412 DFCC end of Period outstanding at the - Total Loans and Equities Loans and Total – – – – – – – – – – – – – – – – – – – – – – – NDB 71 211 210 284 207 655 212 165 245 239 949 530 933 637 215 778 728 599 651 224 167 SMIB 1,692 1,883 2,569 1,195 1,456 1,772 1,345 1,488 1,431 1,169 1,083 1,436 1,594 3,804 3,338 4,605 4,283 1,657 3,881 4,137 4,537 4,064 2,286 1,034 DFCC 11,516 13,770 13,900 Received during the Period – – – – – – – – – – – – – – – – – – – – – – – – Capital Repayments NDB

– – – – 3 3 – – – – – 81 -12 -12 – 150 352 481 443 150 443 753 DFCC 1,103 2,807 Projects – – – – – – – – – – – – – – – – – – – – – – – – NDB in Development Equity Investments Financial Operations of NDB, DFCC Bank and SMIB DFCC Bank and NDB, of Operations Financial 408 527 485 551 426 365 310 340 407 445 583 602 592 1,206 1,005 1,525 1,451 1,015 1,260 1,776 1,563 1,925 3,315 4,747 SMIB

761 932 988 3,110 1,330 1,133 1,125 5,205 4,812 3,988 5,270 4,413 3,701 3,293 6,567 7,464 1,576 1,015 1,924 1,031 2,469 DFCC 12,209 22,982 18,883 Loans Granted during the Period – – – – – – – – – – – – – – – – – – – – – – – – NDB

Period January February March April May June July September October November December Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st March Quarter 2nd Quarter 3rd Quarter 4th August 2014 August 2005. from 01 NDB has merged with NDB Bank (Licensed Commercial Bank) with effect from this date. Therefore, NDB is not considered as a LSB with effect

2013 2014 2013 2010 2011 2012 2012 SECTOR FINANCIAL

398 w Central Bank of Sri Lankaw Bulletin w May 2014 Total Rs. million Deposits 3,808,959 3,893,455 3,940,474 3,535,808 2,815,438 3,377,964 3,105,252 3,207,621 3,377,964 3,689,481 3,608,730 3,635,313 3,689,481 3,756,374 4,128,892 3,808,959 3,940,474 3,940,474 4,101,142 3,735,912 3,853,066 4,059,153 4,101,142 4,014,019 70 TABLE Total 2,081,511 2,845,114 2,845,114 2,699,354 2,759,258 2,781,842 2,482,855 1,800,790 2,335,201 2,175,161 2,335,201 2,607,924 2,535,978 2,559,800 2,607,924 2,667,534 2,878,206 2,699,354 2,781,842 2,781,842 2,883,003 2,646,738 2,730,367 2,862,624 2,883,003 Central Bank of Sri Lanka National Savings Bank State Mortgage & Investment Bank Finance Licensed 282,311 282,311 210,598 313,966 325,743 331,367 274,923 180,069 250,187 227,677 250,187 293,022 276,944 293,022 307,737 363,678 313,966 331,367 331,367 363,618 299,547 319,489 345,678 353,658 363,618 Companies

Source : (c) Other 25,900 34,063 35,346 35,826 29,849 24,256 27,364 27,299 27,364 33,229 31,734 32,804 33,229 33,309 41,284 34,063 35,826 35,826 39,528 33,829 34,326 37,150 38,858 39,528 Banks Licensed Specialised

(b) shiya 36,119 36,119 34,911 34,911 36,119 36,119 29,586 37,337 38,164 26,756 33,875 31,935 33,875 36,280 36,103 36,251 36,280 36,541 41,321 38,164 38,164 40,605 36,338 36,734 39,523 40,220 40,605 dhana RDBs/ Prade- Sanwar- Bank Fixed Deposits 6,371 Bank DFCC 11,134 11,134 11,134 11,134 11,134 12,127 13,581 12,378 15,269 14,900 14,702 14,260 13,557 14,702 15,080 14,721 17,099 17,099 13,581 16,043 15,217 12,897 13,407 15,300 16,043 & State 13,930 17,017 18,690 21,332 12,895 14,073 15,680 16,991 16,649 16,904 16,991 17,090 14,594 14,594 18,819 17,017 18,819 20,255 17,162 17,641 18,605 18,351 20,255 18,819 Investment (e) 334,011 334,011 334,011 362,280 362,503 384,019 304,154 313,981 347,775 354,483 350,945 351,429 354,483 360,269 364,568 362,280 364,568 377,304 356,790 359,172 368,032 375,996 377,304 364,568 Savings Mortgage (a) cial Banks Bank Commer- National 2,011,851 2,011,851 1,922,328 1,967,261 1,246,289 1,483,036 306,334 1,544,928 1,764,817 1,859,217 1,809,344 1,826,543 1,859,217 1,897,508 1,658,072 1,658,072 1,981,964 1,922,328 1,981,964 2,025,650 1,887,854 1,950,108 2,022,720 2,020,241 2,025,650 1,981,964 Total 1,109,605 1,134,197 1,250,685 1,014,648 1,023,741 1,032,460 1,052,953 1,081,557 1,072,753 1,075,513 1,081,557 1,088,840 1,042,763 1,042,763 1,158,632 1,109,605 1,158,632 1,218,139 1,089,174 1,122,700 1,168,905 1,196,529 1,218,139 1,158,632 (d) nies 7,761 8,045 5,938 5,091 4,722 6,848 7,376 7,049 7,165 7,376 7,545 6,538 6,538 8,571 7,761 8,571 7,610 7,869 9,068 9,308 8,571 10,274 10,015 10,015 Compa- Finance (c) Bank 6,611 6,611 6,611 8,211 8,211 7,733 7,930 8,786 6,290 6,439 6,600 6,880 7,267 7,334 7,171 7,267 7,606 8,080 7,733 8,080 8,549 7,463 7,799 8,384 8,549 8,080 Other Banks Licensed Specialised (b) Savings and Fixed Deposits of Deposit Taking Institutions Taking Deposit of Deposits Fixed and Savings 23,585 24,329 26,009 19,398 20,835 19,819 20,449 20,835 21,509 22,297 21,946 21,967 22,297 23,013 24,443 23,585 24,443 25,563 22,656 24,012 24,747 25,038 25,563 24,443 shiya dhana RDBs/ Prade- Sanwar- Bank Savings Deposits & 770 736 852 626 695 630 630 695 666 672 661 660 672 729 800 736 800 843 663 808 824 841 843 800 State 111,186 111,186 114,215 114,215 112,000 112,000 115,252 115,252 112,000 112,000 115,252 119,894 110,670 113,207 116,295 118,168 119,894 115,252 115,252 121,565 106,858 108,127 108,061 108,127 108,780 109,945 108,759 108,982 109,945 Savings Mortgage (a) Investment cial Banks Bank 940,111 940,111 978,907 957,791 875,538 899,955 884,494 107,269 891,997 899,955 908,269 934,001 957,791 927,004 929,567 934,001 938,762 969,004 Commer- National 1,001,486 1,053,276 1,009,761 1,034,790 1,053,276 1,083,200 1,001,486 1,001,486 Bank

of End Period November December September January February March April 1st Quarter April May June July August October 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 2nd Quarter 2nd Pradeshiya Sanwardhana Bank was established on 14 July 2010 by amalgamating Regional Development Banks. Pradeshiya Sanwardhana Bank was established on 14 July Bank Ltd., Housing Development Finance Corporation Bank of Savings Bank Ltd., Sanasa Development Other licensed specialised banks include MBSL from 01 February 2005. deposits with effect Licensed finance companies were allowed to accept savings depo of the National Savings Bank have been included in its fixedsits. Deposits that previously appeared under other savings schemes Includes deposits of the Government, long term deposits mobilised by the two state banks under special savings schemes and foreign currency deposits. Includes deposits of the Government, long term deposits Sri Lanka Ltd., Sri Lanka Savings Bank Ltd. and Lankaputhra Development Bank Ltd. Sri Lanka Ltd., Sri Lanka Savings Bank Ltd. and Lankaputhra FINANCIAL FINANCIAL SECTOR (b) (c) (d) (e) 2014 (a) 2014 2013 2013 2011 2012 2013 2012

Central Bank of Sri Lankaw Bulletin w May 2014 w 399 Trading

16,983.8 16,983.8 20,174.4 13,848.4 14,007.3 14,763.7 13,351.6 14,039.9 12,799.1 13,351.6 13,463.9 13,664.5 15,891.3 16088.53 16,662.9 13,351.6 13,664.5 14,763.7 16,088.5 16,272.7 14,198.0 15,188.3 Telecommunications

135.4 15,268.7 167.9 25,458.9 165.4 165.4 171.6 157.5 182.0 156.5 156.6 161.6 161.3 156.6 173.2 175.1 169.8 159.9 172.3 156.6 175.1 156.5 159.9 171.2 155.6 157.9 Stores and Supplies and Stores TABLE TABLE 71

22,928.0 22,928.0

27,034.2 19,602.3 19,240.8 21,512.2 19,068.7 20,778.7 19,104.5 19,068.7 18,490.2 18,600.8 21,584.4 24,251.1 26,638.0 19,068.7 18,600.8 21,512.2 24,251.1 21,738.1 21,672.4 23,858.4 Colombo Stock Exchange Services

23,415.7 23,415.7 Source : 29,003.9 22,483.8 22,325.3 22,624.8 21,727.5 23,904.7 22,027.3 21,727.5 21,052.3 21,209.7 20,229.8 24,208.9 26,790.7 21,727.5 21,209.7 22,624.8 24,208.9 21,482.1 22,198.7 24,582.0 Power and Energy and Power 89.9 18,552.8 21,354.0

136.5 25,071.1 37,593.5 105.8 105.8 111.5 111.5 119.0 119.0 112.4 112.4 112.4 112.4 112.1 112.1 112.1 107.4 142.2 151.2 109.7 126.4 126.8 126.4 140.1 139.7 102.3 122.4 126.4 139.7 109.7 Plantations

811.3 811.3 676.9 867.4 901.2 755.7 734.6 738.0 698.1 724.0 793.1 710.5 724.0 719.7 717.1 788.7 824.9 724.0 793.1 717.1 801.9 682.4 698.1 728.8 Oil Palms Oil

89,409.8 96,977.2 88,625.5 99,426.5 91,552.2 88,625.5 83,587.7 96,882.1 97,201.3 88,625.5 99,426.5 96,882.1 99,072.6 95,212.7 96,977.2 95,686.7

105,955.2 131,187.8 100,171.8 100,171.8 104,096.3 100,055.3 100,134.8 101,647.2 Motors

27,114.9 15,651.6 15,651.6 15,374.1 18,244.5 14,791.7 14,954.8 16,245.6 14,966.8 14,582.5 14,954.8 15,386.5 14,898.3 14,850.5 14,584.7 14,954.8 16,245.6 14,898.3 14,709.1 17,072.3 14,653.9 14,791.7 15,386.3 Manufacturing

2,368.9 14,778.6 3,285.2 2,628.6 2,628.6 3,074.7 2,820.7 2,824.8 2,857.6 3,089.0 2,936.7 2,821.1 2,857.6 2,903.9 2,843.4 3,074.4 2,590.0 2,857.6 3,089.0 2,843.4 2,797.0 3,261.3 2,884.2 2,824.8 3,061.4 Land and Property and Land

458.0 635.6 507.8 507.8 611.2 611.2 611.2 611.2 604.8 565.9 548.7 566.5 570.8 540.7 566.5 575.7 578.5 618.7 476.1 566.5 578.5 560.4 670.0 528.7 548.7 578.7

Technology Information

86.9 60.9 79.0 48.8 59.9 69.5 79.0 88.7 81.0 82.7 80.1 79.0 48.8 81.0 83.9 87.0 49.9 60.9 52.8

115.3 233.3 108.8 108.8 137.7 Investment Trusts Investment

19,356.4 19,356.4 18,011.4 18,011.4 17,979.5 21,637.4 18,309.2 17,830.1 19,547.8 18,795.1 17,814.4 17,830.1 17,628.9 17,039.3 17,395.2 17,569.6 17,830.1 19,547.8 17,039.3 19,280.4 21,275.8 16,766.5 18,309.2 Hotels and Travels and Hotels

3,261.1 16,944.6 3,929.2 30,943.9 3,584.5 3,584.5 3,212.2 3,995.6 3,176.6 3,183.9 3,430.8 3,251.7 3,179.3 3,183.9 3,155.7 3,152.0 3,243.3 3,306.3 3,183.9 3,430.8 3,152.0 3,475.9 3,653.6 3,243.7 3,155.9 3,176.6 Healthcare

477.1 586.5 581.2 581.2 807.6 641.1 676.4 679.7 679.1 691.9 698.0 679.7 772.8 820.9 831.2 581.7 679.7 679.1 820.9 680.0 714.6 657.4 649.9 676.4 Footwear and Textiles and Footwear 731.5 817.4 817.4

824.3 963.0 744.8 794.3 888.6 785.7 734.3 794.3 769.5 728.8 793.7 780.5 794.3 888.6 728.8 875.4 930.1 827.3 761.5 744.8

1,182.0 Sectoral Share Price Indices (1985 = 100) (a) Sectoral Share Diversified Holdings Diversified

1,684.0 1,909.1 1,822.0 1,822.0 2,112.6 2,112.6 1,858.7 1,958.3 1,756.2 1,759.5 1,958.4 1,804.3 1,726.2 1,759.5 1,751.6 1,780.1 1,868.6 1,888.9 1,759.5 1,958.4 1,780.1 1,933.5 1,941.5 1,715.2 1,756.2

Engineering Construction and and Construction

2,478.4 3,386.1 2,651.5 2,651.5 2,905.3 3,022.0 2,647.7 2,799.3 2,980.3 2,817.8 2,855.6 2,730.9 2,799.3 2,753.7 2,734.1 2,894.2 2,695.8 2,799.3 2,817.8 2,734.1 2,735.3 2,802.5 2,691.4 2,647.7

Pharmaceuticals Chemicals and and Chemicals

7,378.4 7,172.2 7,172.2 6,357.1 8,642.9 6,486.7 6,277.5 8,038.6 7,583.6 6,750.4 6,303.3 6,277.5 5,830.2 5,900.7 6,268.5 6,667.4 6,277.5 7,583.6 5,900.7 6,880.9 7,015.4 6,701.2 6,486.7

Share Market Performance Share Market Tobacco and

Beverage, Food Food Beverage,

10,155.4 12,112.4 15,925.2 15,925.2 21,742.2 14,308.9 19,048.8 20,385.1 19,550.1 19,081.4 19,457.1 18,950.0 20,385.1 19,582.8 19,273.1 19,953.5 16,057.7 20,385.1 19,081.4 19,273.1 16,737.2 19,367.7 20,351.9 19,048.8

Insurance Banks, Finance and and Finance Banks,

12,206.7 12,206.7 14,055.6 13,667.9 12,626.0 12,926.8 14,034.8 13,337.9 12,877.2 12,589.9 12,926.8 13,342.5 13,288.2 13,896.0 13,227.4 12,926.8 13,337.9 13,288.2 13,585.7 13,184.6 12,599.6 12,626.0

(2004=1,000) (c) (2004=1,000) S&P Sri Lanka 20 Index Index 20 Lanka Sri S&P

2,817.4 10,480.6 12,809.5 3,443.3 3,241.0 3,214.4 3,263.9 3,646.3 3,431.7 3,282.1 3,174.6 3,263.9 3,223.7 3,279.9 3,418.2 3,293.6 3,085.3 3,263.9 3,085.3 3,431.7 3,279.9 3,365.8 3,429.0 3,261.3 3,214.4

(1998=1,000) (b) (1998=1,000)

Milanka Price Index Index Price Milanka

5,229.2 13,812.7 4,383.2

5,119.1 5,119.1 5,119.1 5,646.0

(1985=100) All Share Price Index Price Share All

6,074.4 4,965.8 6,248.1 5,803.3 5,912.8 6,463.1 6,121.0 5,954.6 5,775.1 5,912.8 5,940.3 5,968.3 6,223.7 5,972.0 5,735.7 5,643.0 5,912.8 5,643.0 6,121.0 5,968.3 5,953.2 6,037.2 5,834.0 5,803.3

(Rs. bn) (a) bn) (Rs. Market Capitalisation Market 2,213.9 1,894.2 2,608.3 2,390.2 2,459.9 2,481.8 2,350.7 2,476.3 2,402.7 2,459.9 2,480.8 2,498.0 2,606.3 2,284.9 2,200.0 2,167.6 2,459.9 2,167.6 2,350.7 2,498.0 2,280.8 2,323.4 2,402.9 2,390.2 4,959.3 7,111.4 7,111.4 Sales 4,063.9 6,634.2 3,037.8 4,263.7 3,850.2 8,941.6 6,028.1 8,169.0 6,786.5 3,322.6 2,923.7 4,533.8 3,961.8 Rs.mn 10,955.2 10,465.3 24,281.4 33,953.6 60,873.2 12,093.6 13,016.9 21,045.7 Transactions Non-National 7,845.7

8,941.0 8,147.9 6,197.1 3,747.8 4,147.4 8,091.6 3,837.3 3,225.6 7,526.0 7,191.4 3,984.8 6,772.1 5,365.1

Rs.mn Purch. 15,118.2 15,072.3 12,935.9 29,131.8 72,614.2 83,656.5 19,214.1 22,594.5 14,585.6

(Rs.mn) Daily Average Turnover Average Daily 595.7 877.2 839.3 601.3 641.3 594.1 598.7 694.8 899.0 831.1 495.4 694.3 616.7 883.6 828.4 675.9 907.6

2,285.6 49,776.8 68,816.0 1,113.2 1,113.2 1,357.4 1,053.0 1,105.6 1,010.5 1,027.4

(Rs.mn) Total Turnover Total 7,543.5 37,119.4 37,119.4 16,622.2 10,898.3 13,886.3 12,334.8 41,232.4 62,670.3 52,639.9 35,144.0

12,826.4 22,263.2 17,900.6 12,476.1 21,007.3 28,504.6 17,624.6 12,626.9 57,600.2 43,077.8 55,740.9

546,255.8 213,827.2 200,467.8 Period Dec Jan Feb Mar Apr Apr May Jun Jul Aug Sep Oct Nov Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 The S&P Sri Lanka 20 (S&P SL20) was introduced in June 2012. SL20) was introduced Sri Lanka 20 (S&P The S&P End period. 1999 to replace the Sensitive Price Index, was discontinued from 1st January 2013. The Milanka Price Index (MPI) which was introduced in January FINANCIAL FINANCIAL SECTOR (c) 2014 (a) (b) 2013 2013 2014 2011 2012 2013 2012

400 w Central Bank of Sri Lankaw Bulletin w May 2014 PUBLICATIONS OF THE CENTRAL BANK OF SRI LANKA

PARCEL POST Local Overseas PERIODICALS Price Ordinary Registered Registered Registered Mail Mail Surface Mail Air Mail (Rs.) (Rs.) (Rs.) (US$) (US$) Economic and Financial Report Annual Report - 2013 (Sinhala / English / Tamil) 400.00 670.00 695.00 25 40 CD (Sinhala / English / Tamil) 200.00 – – – – Financial System Stability Review 2013 (English) 400.00 520.00 545.00 – – Recent Economic Developments - Highlights 2013 and Prospects for 2014 (Sinhala / English / Tamil) 200.00 270.00 295.00 05 08 Public Debt Management in Sri Lanka 2013 (Sinhala / English / Tamil) 200.00 270.00 295.00 – – Statistics Sri Lanka Socio Economic Data Folder - 2014 (English) 100.00 170.00 195.00 – 20 Sri Lanka Socio Economic Data Folder - 2014 (Sinhala) 40.00 110.00 135.00 – 20 Sri Lanka Socio Economic Data Folder - 2014 (Tamil) 40.00 110.00 135.00 – 20 Economic & Social Statistics of Sri Lanka - 2014 (English) 300.00 370.00 395.00 07 14 Consumer Finances & Socio Economic Survey - Sri Lanka 2003/04 - Part I 700.00 870.00 895.00 25 35 (CD - English) 700.00 – – – – Consumer Finances & Socio Economics Survey - Sri Lanka 2003/04- Part II (English) - CD 3,000.00 – – 75 100 Research Studies Staff Studies 200.00 270.00 295.00 10 15 Periodicals News Survey (English) 60.00 120.00 145.00 – – Kurippedu (Tamil) 20.00 80.00 105.00 – – Satahana (Sinhala) 20.00 80.00 105.00 – – Public Awareness Directions issued to LSBs 1,000.00 1,120.00 1,145.00 – – Directions issued to LCBs 1,000.00 1,120.00 1,145.00 – – From Purana to Rupee (Hard Cover) (Sinhala / English / Tamil) 1,000.00 1,120.00 1,145.00 – – From Purana to Rupee (Sinhala / English / Tamil) 800.00 920.00 945.00 – – A Step by Step Guide to Doing Business in Sri Lanka 500.00 570.00 595.00 – – (CD - English) 200.00 – – – – Other Publications The Heritage of Ruhuna - Dr. H A P Abeywardena (English) 280.00 350.00 375.00 10 20 The Heritage of Sabaragamuwa - Dr H A P Abeywardena (English) 300.00 370.00 395.00 10 20 The Heritage of Kandurata - Dr. H A P Abeywardena (English) 650.00 770.00 795.00 – – The Heritage of Rajarata - Prof. Chandra Wickrema Gamage (Sinhala / English) 470.00 590.00 615.00 – – Transaction of Money, Bank and Economy (Sinhala / Tamil) 250.00 370.00 395.00 – – Retrospect (1950 – 2010) 10,000.00 – – – – The Story of Inflation 125.00 195.00 220.00 – – Analysis of Basic Economic Principles (Sinhala / Tamil) 400.00 520.00 545.00 – – 60th Anniversrary Oration 500.00 570.00 595.00 – – Economic Principles and Policies (Sinhala) 750.00 970.00 995.00 – – Interest Rates – The Theory & Practice 250.00 320.00 345.0 – – An Introduction to Principles of Economics – Part I 800.00 1,020.00 1,045.00 – –

ANNUAL SUBSCRIPTION RATES LOCAL OVERSEAS

Ordinary Registered Registered Surface Mail (US$) Registered Air Mail (US$) Mail Mail Bulletin Bulletin News Survey (Rs.) (Rs.) India, Bangladesh, Pakistan 30 60 08 Middle East, Singapore, Malaysia, Annual Report 670.00 695.00 Thailand, Indonesia 30 65 09 Africa, Philippines, Hongkong, China 30 70 10 Satahana (Sinhala) 480.00 630.00 Japan, Australia, New Zealand, Europe 30 80 11 North America, South America, Canada 30 85 13

Publications could be obtained at the Sales Counter, Centre for Banking Studies, 58, Sri Jayewardenapura Mawatha, Rajagiriya, Provincial Offices of the Bank at Anuradhapura, Matara, Matale, Jaffna and Trincomalee or by post. Cheques / Money Orders / Drafts should be drawn in favour of the Director / Communications, Central Bank of Sri Lanka. Overseas customers should make the payment in dollars by cheque / draft payable in New York and sent to Director / Communications Department, Central Bank of Sri Lanka, P.O. Box 590, Colombo 1, Sri Lanka. Tel. : 2477241 (Head Office), 2477834, 2477803 (Rajagiriya)

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