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L B Finance is a strong financial institution by any measure. This is a fact of which we are understandably proud and a heritage which we will continue. Strong net worth and steady profitability are a part of our heritage and our future. As we continue to achieve these financial measurements of success, we will continue to grow in a manner which allows us to serve our clients with convenience and competitive products.

The detailed breakdown of the Share Capital Structure of LBF as at date is given below:

Authorised:   Rs. 250,000,000 divided into 25,000,000                          250,000,000.00

           ( Ordinary Shares of Rs. 10/- each.)            

Issued: 13,500,000 Ordinary Shares of Rs. 10/- each                            135,000,000.00

           ( issued and fully paid-up )

In order to achieve its objective LBF Limited is presently engaged in accepting Fixed Deposits, issuing Certificates of Deposit, providing finance and operating lease facilities, hire purchase facilities, loan facilities, issuing guarantees, trade finance facilities, pawn broking and real estate development.

 
  12 Months to
31.03.08
Rs.’000s
12 Months to
31.03.07
Rs.’000s
12 Months to
31.03.06
Rs.’000s
Results of Operations      
Gross Income 2,778,862 1,310,792 914,463
Net Profit Before Income Tax 355,214 282,401 173,108
Income Tax on Profits 149,381 103,625 96,051
Net Profit 205,833 178,776 63,556
       
Financial Position      
Total Assets 10,744,099 6,990,516 4,666,343
Total Shareholders’ Equity 975,019 587,426 354,654
Market Capitalization 681,750 712,050 1,147,500
       
Information Per Ordinary Share      
Earnings - Basic (Rs.) 7.99 7.48 3.95
Net Assets Value (Rs.) 37.86 24.56 26.27
Market Value at the end of the period (Rs.) 22.50 35.25 85.00
Price Earnings (times) - Ordinary shares 2.82 3.92 21.50
       
Profitability Ratios      
Return on Average Assets (%) 2.32 3.07 1.91
Return on Average Shareholders’ Funds (%) 26.35 37.95 27.20
       
Efficiency Ratio 54.75 48.45 54.45
Interest Spread 7.40 9.22 9.67
Net Interest Margin 9.11 10.38 10.79
       
Island wide Operation      
Number of Branches 15 9 7
Number of Pawning Centers 40 32 26
 

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