- Annual Report of the Directors on the State of Affairs of Bank of Ceylon
- Directors’ Interest in Contracts
- Directors’ Statement on Internal Control Over Financial Reporting
- Independent Assurance Report
- Directors’ Responsibility for Financial Reporting
- Report of the Auditor General
- Statement of Profit or Loss
- Statement of Comprehensive Income
- Statement of Financial Position
- Statement of Changes in Equity
- Statement of Cash Flows
- Notes to the Financial Statements
Statement of Changes in Equity
Bank
| Other Reserves | |||||||||
| Note | Share Capital LKR ’000 |
Capital Pending Allotment LKR ’000 |
Permanent Reserve Fund LKR ’000 |
Available for Sale Reserve LKR ’000 |
Other Reserves LKR ’000 |
Revaluation Reserve LKR ’000 |
Retained Earnings LKR ’000 |
Total Equity LKR ’000 |
|
| Balance as at 1 January 2016 | 10,000,000 | – | 5,209,955 | 5,537,359 | 1,043,642 | 8,607,654 | 51,086,010 | 81,484,620 | |
| Total comprehensive income for the year | |||||||||
| Profit for the year | – | – | – | – | – | – | 24,790,996 | 24,790,996 | |
| Other comprehensive income, net of tax | – | – | – | (1,050,178) | 165,793 | 1,394,640 | (1,589,866) | (1,079,611) | |
| Total comprehensive income for the year | – | – | – | (1,050,178) | 165,793 | 1,394,640 | 23,201,130 | 23,711,385 | |
| Transactions with equity holder, recognised directly in equity | |||||||||
| Dividends for 2016 | 18.3 | – | – | – | – | – | – | (17,346,410) | (17,346,410) |
| Capital infusion during the year | – | 5,000,000 | – | – | – | – | – | 5,000,000 | |
| Transfers to permanent reserve fund | 49 | – | – | 2,786,045 | – | – | – | (2,786,045) | – |
| Total transactions with equity holder | – | 5,000,000 | 2,786,045 | – | – | – | (20,132,455) | (12,346,410) | |
| Balance as at 31 December 2016 | 10,000,000 | 5,000,000 | 7,996,000 | 4,487,181 | 1,209,435 | 10,002,294 | 54,154,685 | 92,849,595 | |
| Balance as at 1 January 2017 | 10,000,000 | 5,000,000 | 7,996,000 | 4,487,181 | 1,209,435 | 10,002,294 | 54,154,685 | 92,849,595 | |
| Total comprehensive income for the year | |||||||||
| Profit for the year | – | – | – | – | – | – | 21,312,284 | 21,312,284 | |
| Other comprehensive income, net of tax | – | – | – | (768,655) | 361,375 | 1,965,357 | 2,781,529 | 4,339,606 | |
| Total comprehensive income for the year | – | – | – | (768,655) | 361,375 | 1,965,357 | 24,093,813 | 25,651,890 | |
| Transactions with equity holder, recognised directly in equity | |||||||||
| Dividends for 2017 | 18.3 | – | – | – | – | – | – | (12,346,410) | (12,346,410) |
| Transfers to share capital | 48.1 | 5,000,000 | (5,000,000) | – | – | – | – | – | |
| Capital infusion during the year | – | 5,000,000 | – | – | – | – | – | 5,000,000 | |
| Revaluation surplus of disposed property | – | – | – | – | – | (1,162) | 1,162 | – | |
| Transfers to permanent reserve fund | 49 | – | – | 2,431,000 | – | – | – | (2,431,000) | – |
| Total transactions with equity holder | 5,000,000 | – | 2,431,000 | – | – | (1,162) | (14,776,248) | (7,346,410) | |
| Balance as at 31 December 2017 | 15,000,000 | 5,000,000 | 10,427,000 | 3,718,526 | 1,570,810 | 11,966,489 | 63,472,250 | 111,155,075 | |
The Notes to the Financial Statements form an integral part of these Financial Statements.
Group
| Attributable to Equity Holder of the Bank | ||||||||||
| Other reserves | ||||||||||
| Note | Share Capital LKR ’000 | Capital Pending Allotment LKR ’000 | Permanent Reserve Fund LKR ’000 | Available for Sale Reserve LKR ’000 | Other Reserves LKR ’000 | Revaluation Reserve LKR ’000 | Retained Earnings LKR ’000 | Non-Controlling Interest LKR ’000 | Total Equity LKR ’000 | |
| Balance as at 1 January 2016 | 10,000,000 | – | 5,209,955 | 6,539,515 | 1,956,800 | 14,469,008 | 53,888,295 | 1,010,640 | 93,074,213 | |
| Total comprehensive income for the year | ||||||||||
| Profit for the year | – | – | – | – | – | – | 23,496,656 | (110,729) | 23,385,927 | |
| Other comprehensive income, net of tax | – | – | – | (977,249) | (228,067) | 2,025,051 | (1,558,263) | 32,400 | (706,128) | |
| Total comprehensive income for the year | – | – | – | (977,249) | (228,067) | 2,025,051 | 21,938,393 | (78,329) | 22,679,799 | |
| Transactions with equity holder, recognised directly in equity | ||||||||||
| Dividends for 2016 | 18.3 | – | – | – | – | – | – | (17,346,410) | – | (17,346,410) |
| Subsidiary dividends to non-controlling interest | – | – | – | – | – | – | – | (52,866) | (52,866) | |
| Capital infusion during the year | 48.1 | – | 5,000,000 | – | – | – | – | – | – | 5,000,000 |
| Transfers to permanent reserve fund | 49 | – | – | 2,786,045 | – | – | – | (2,786,045) | – | – |
| Transfers to other reserves | 50.5 | – | – | – | – | 35,230 | – | (35,230) | – | – |
| Total transactions with equity holders | – | 5,000,000 | 2,786,045 | – | 35,230 | – | (20,167,685) | (52,866) | (12,399,276) | |
| Balance as at 31 December 2016 | 10,000,000 | 5,000,000 | 7,996,000 | 5,562,266 | 1,763,963 | 16,494,059 | 55,659,003 | 879,445 | 103,354,736 | |
| Balance as at 1 January 2017 | 10,000,000 | 5,000,000 | 7,996,000 | 5,562,266 | 1,763,963 | 16,494,059 | 55,659,003 | 879,445 | 103,354,736 | |
| Total comprehensive income for the year | ||||||||||
| Profit for the year | – | – | – | – | – | – | 21,470,163 | 16,482 | 21,486,645 | |
| Other comprehensive income, net of tax | – | – | – | (801,650) | 643,365 | 2,188,368 | 2,769,998 | 33,379 | 4,833,460 | |
| Total comprehensive income for the year | – | – | – | (801,650) | 643,365 | 2,188,368 | 24,240,161 | 49,861 | 26,320,105 | |
| Transactions with equity holder, recognised directly in equity | ||||||||||
| Dividends for 2017 | 18.3 | – | – | – | – | – | – | (12,346,410) | – | (12,346,410) |
| Subsidiary dividends to non-controlling interest | – | – | – | – | – | – | – | (1,931) | (1,931) | |
| Transfers to share capital | 5,000,000 | (5,000,000) | – | – | – | – | – | – | – | |
| Capital infusion during the year | 48.1 | – | 5,000,000 | – | – | – | – | – | – | 5,000,000 |
| Revaluation surplus of disposed property | – | – | – | – | – | (1,162) | 1,162 | – | – | |
| Transfers to permanent reserve fund | 49 | – | – | 2,431,000 | – | – | – | (2,431,000) | – | – |
| Transfers to other reserves | 50.5 | – | – | – | – | 22,045 | – | (22,045) | – | – |
| Total transactions with equity holder | 5,000,000 | – | 2,431,000 | – | 22,045 | (1,162) | (14,798,293) | (1,931) | (7,348,341) | |
| Balance as at 31 December 2017 | 15,000,000 | 5,000,000 | 10,427,000 | 4,760,616 | 2,429,373 | 18,681,265 | 65,100,871 | 927,375 | 122,326,500 | |
The Notes to the Financial Statements form an integral part of these Financial Statements.