Other reserves | |||||||||||
Stated capital |
Statutory reserve fund |
Retained earnings |
Revaluation reserve |
Available- for-sale reserve |
Foreign currency translation reserve |
Hedging reserve |
General reserve |
Employee share option reserve |
Total equity |
||
Note | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | |
Balance as at January 1, 2016 | 23,254,605 | 4,922,264 | 4,388,867 | 5,722,859 | (3,955,367) | 424,768 | – | 35,359,478 | 223,330 | 70,340,804 | |
Total comprehensive income for the year 2016 | |||||||||||
Profit for the year | – | – | 14,512,511 | – | – | – | – | – | – | 14,512,511 | |
Other comprehensive income, net of tax | – | – | 139,763 | – | (3,253,429) | 414,578 | – | – | – | (2,699,088) | |
Net actuarial gains/(losses) on defined benefit plans | – | – | 139,763 | – | – | – | – | – | – | 139,763 | |
Net fair value gains/(losses) on remeasuring financial investments – Available for sale | – | – | – | – | (3,253,429) | – | – | – | – | (3,253,429) | |
Net gains/(losses) arising from translating the Financial Statements of the foreign operation | – | – | – | – | – | 414,578 | – | – | – | 414,578 | |
Total comprehensive income for the year 2016 | – | – | 14,652,274 | – | (3,253,429) | 414,578 | – | – | – | 11,813,423 | |
Transactions with owners, recognised directly in equity, contributions and distributions to owners |
|||||||||||
Issue of ordinary shares under Employee Share Option Plan | 53 | 144,804 | – | – | – | – | – | – | – | – | 144,804 |
Dividends to equity holders | 1,578,594 | – | (5,720,913) | – | – | – | – | – | – | (4,142,319) | |
Final cash dividend for 2015 | – | – | (2,630,991) | – | – | – | – | – | – | (2,630,991) | |
Final dividend for 2015 satisfied in the form of issue and allotment of new shares | 53 | 1,578,594 | – | (1,753,994) | – | – | – | – | – | – | (175,400) |
First interim dividend for 2016 | 24 | – | – | (1,335,928) | – | – | – | – | – | – | (1,335,928) |
Share-based payment transactions (net) | 57.5 | – | – | – | – | – | – | – | – | 196,952 | 196,952 |
Transfers during the year | 55 & 57 | – | 725,626 | (8,856,151) | – | – | – | – | 8,130,525 | – | – |
Total transactions with equity holders | 1,723,398 | 725,626 | (14,577,064) | – | – | – | – | 8,130,525 | 196,952 | (3,800,563) | |
Balance as at January 1, 2017 | 24,978,003 | 5,647,890 | 4,464,077 | 5,722,859 | (7,208,796) | 839,346 | – | 43,490,003 | 420,282 | 78,353,664 | |
Total comprehensive income for the year 2017 | |||||||||||
Profit for the year | – | – | 16,581,244 | – | – | – | – | – | – | 16,581,244 | |
Other comprehensive income, net of tax | – | – | (529,902) | 1,396,663 | 5,501,302 | (525,093) | (3,212) | – | – | 5,839,758 | |
Net actuarial gains/(losses) on defined benefit plans | – | – | (529,902) | – | – | – | – | – | – | (529,902) | |
Net change in revaluation surplus | – | – | – | 1,396,663 | – | – | – | – | – | 1,396,663 | |
Net fair value gains/(losses) on remeasuring financial investments – Available for sale | – | – | – | – | 5,501,302 | – | – | – | – | 5,501,302 | |
Net gains/(losses) arising from translating the Financial Statements of the foreign operation | – | – | – | – | – | (525,093) | – | – | – | (525,093) | |
Cash flow hedges – effective portion of changes in fair value, net of tax | – | – | – | – | – | – | (3,212) | – | – | (3,212) | |
Total comprehensive income for the year 2017 | – | – | 16,051,342 | 1,396,663 | 5,501,302 | (525,093) | (3,212) | – | – | 22,421,002 | |
Transactions with owners, recognised directly in equity, contributions and distributions to owners |
|||||||||||
Proceeds from Rights issue of ordinary shares | 10,143,872 | – | – | – | – | – | – | – | – | 10,143,872 | |
Issue of ordinary shares under Employee Share Option Plans | 53 | 415,117 | – | – | – | – | – | – | – | – | 415,117 |
Dividends to equity holders | 1,606,549 | – | (5,955,851) | – | – | – | – | – | – | (4,349,302) | |
Second interim dividend for 2016 | 24 | – | – | (2,674,799) | – | – | – | – | – | – | (2,674,799) |
Final cash dividend for 2016 | – | – | – | – | – | – | – | – | – | – | |
Final dividend for 2016 satisfied in the form of issue and allotment of new shares | 53 | 1,606,549 | – | (1,785,054) | – | – | – | – | – | – | (178,505) |
Dividend paid in respect of previous years | – | – | (2,279) | – | – | – | – | – | – | (2,279) | |
First interim dividend for 2017 | 24 | – | – | (1,493,719) | – | – | – | – | – | – | (1,493,719) |
Share-based payment transactions (net) | 57.5 | – | – | – | – | – | – | – | – | 109,535 | 109,535 |
Revaluation gain on disposal of freehold land and building | – | – | 36,940 | (31,468) | – | – | – | – | – | 5,472 | |
Transfers during the year | 55 & 57 | – | 829,062 | (9,609,062) | – | – | – | – | 8,780,000 | – | – |
Total transactions with equity holders | 12,165,538 | 829,062 | (15,527,973) | (31,468) | – | – | – | 8,780,000 | 109,535 | 6,324,694 | |
Balance as at December 31, 2017 | 37,143,541 | 6,476,952 | 4,987,446 | 7,088,054 | (1,707,494) | 314,253 | (3,212) | 52,270,003 | 529,817 | 107,099,360 |
The Notes appearing on this Annual Report form an integral part of these Financial Statements.