- 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 Comprehensive Income
| Bank | Group | |||||
| For the year ended 31 December | 2017 LKR ’000 | 2016 LKR ’000 | Change % | 2017 LKR ’000 | 2016 LKR ’000 | Change % |
| Profit for the year | 21,312,284 | 24,790,996 | (14.0) | 21,486,645 | 23,385,927 | (8.1) |
| Other comprehensive income, net of tax | ||||||
| Items that will not be reclassified to profit or loss | ||||||
| Changes in revaluation surplus/(deficit) | 6,059,715 | 1,394,640 | 334.5 | 6,406,248 | 2,307,452 | 177.6 |
| Deferred tax effect on changes in revaluation surplus/deficit |
(4,094,358) | – | – | (4,191,387) | (255,587) | 1,539.9 |
| Actuarial gains/(losses) on defined benefit plans | 2,789,929 | (1,621,904) | 272.0 | 2,766,683 | (1,580,561) | 275.0 |
| Deferred tax effect on actuarial gains/losses on defined benefit plans |
(8,400) | 32,038 | (126.2) | 8,363 | 30,061 | (72.2) |
| Net other comprehensive income that will not be reclassified to profit or loss | 4,746,886 | (195,226) | 2,531.5 | 4,989,907 | 501,365 | 895.3 |
| Items that are or may be reclassified to profit or loss | ||||||
| Net exchange gains/(losses) arising from translating the Financial Statements of foreign operations |
361,375 | 165,793 | 118.0 | 643,365 | (228,067) | 382.1 |
| Gains/(Losses) on remeasuring available for sale financial investments |
(595,034) | (1,025,760) | (42.0) | (619,591) | (957,182) | (35.3) |
| Deferred tax effect on gains/losses on remeasuring available for sale financial investments |
(177,006) | (8,893) | 1,890.4 | (177,006) | (8,893) | 1,890.4 |
| Realised gains/(losses) on available for sale financial investments transferred to profit or loss |
3,385 | (15,525) | 121.8 | 3,385 | (15,525) | 121.8 |
| Share of other comprehensive income of associate companies, net of tax |
– | – | – | (6,600) | 2,174 | (403.6) |
| Net other comprehensive income that are or may be reclassified to profit or loss |
(407,280) | (884,385) | (53.9) | (156,447) | (1,207,493) | (87.0) |
| Other comprehensive income for the year, net of tax | 4,339,606 | (1,079,611) | 502.0 | 4,833,460 | (706,128) | 784.5 |
| Total comprehensive income for the year | 25,651,890 | 23,711,385 | 8.2 | 26,320,105 | 22,679,799 | 16.1 |
| Attributable to: | ||||||
| Equity holder of the Bank | 25,651,890 | 23,711,385 | 8.2 | 26,270,244 | 22,758,128 | 15.4 |
| Non-controlling interest | – | – | – | 49,861 | (78,329) | 163.7 |
| Total comprehensive income for the year | 25,651,890 | 23,711,385 | 8.2 | 26,320,105 | 22,679,799 | 16.1 |
The Notes to the Financial Statements form an integral part of these Financial Statements.