- Messages
- Profiles
- Business
Model - Management Discussion
and Analysis - Stewardship
- Integrated Risk Management
- Corporate Governance
- Annual Report of the Board of Directors on the Affairs of the Bank
- Report of the Audit Committee
- Report of the Human Resources and Remuneration Committee
- Report of the Nomination and Governance Committee
- Report of the Board Integrated Risk Management Committee
- Report of the Credit Approval Committee
- Report of the Related Party Transactions Review Committee
- Directors’ Statement on Internal Control
- Independent Assurance Report
- Investor
Relations - Financial
Reports- Financial Calendar
- Statement of Directors’ Responsibilities in Relation to Financial Statements
- Chief Executive’s and Chief Financial Officer’s Statement of Responsibility
- Independent Auditors’ Report
- Income Statement
- Statement of Profit or Loss and other Comprehensive Income
- Statement of Financial Position
- Statement of Changes in Equity
- Statement of Cash Flows
- Notes to the Financial Statements
- Other Disclosures
- Supplementary
Information
Financial Reports
Statement of Changes in Equity
| Statutory reserves |
Other reserves | |||||
| Stated capital LKR 000 |
Reserve fund LKR 000 |
Fair value reserve LKR 000 |
General reserve LKR 000 |
Retained earnings LKR 000 |
Total equity LKR 000 |
|
| Bank | ||||||
| Balance as at 31.12.2015 | 4,715,814 | 1,834,275 | 14,285,657 | 13,779,839 | 8,203,426 | 42,819,011 |
| Profit for the year | – | – | – | – | 3,288,723 | 3,288,723 |
| Other comprehensive income net of tax | – | – | 263,830 | – | 140,846 | 404,676 |
| Total comprehensive income for the year | – | – | 263,830 | – | 3,429,569 | 3,693,399 |
| Transfers | – | 170,000 | – | – | (170,000) | – |
| Transactions with equity holders, recognised directly in equity | ||||||
| Final dividend approved on 24.02.2016 | – | – | – | – | (662,744) | (662,744) |
| Total contributions from and distribution to equity holders | – | – | – | – | (662,744) | (662,744) |
| Balance as at 31.12.2016 | 4,715,814 | 2,004,275 | 14,549,487 | 13,779,839 | 10,800,251 | 45,849,666 |
| Profit for the year | – | – | – | – | 4,414,964 | 4,414,964 |
| Other comprehensive (expenses)/ income net of tax |
– | – | (1,250,801) | – | 34,999 | (1,215,802) |
| Total comprehensive/income for the year | – | – | (1,250,801) | – | 4,449,963 | 3,199,162 |
| Transfers | – | 220,000 | – | – | (220,000) | – |
| Transactions with equity holders, recognised directly in equity | ||||||
| Forfeiture of unclaimed dividends | – | – | – | – | 20,878 | 20,878 |
| Final dividend approved on 20.02.2017 | – | – | – | – | (1,192,940) | (1,192,940) |
| Total contributions from and distribution to equity holders | – | – | – | – | (1,172,062) | (1,172,062) |
| Balance as at 31.12.2017 | 4,715,814 | 2,224,275 | 13,298,686 | 13,779,839 | 13,858,152 | 47,876,766 |
| Attributable to the equity holders of the Bank | |||||||||
| Statutory reserves | Other reserves | ||||||||
| Stated Capital | Reserve fund | Fair value reserve | Exchange equalisation reserve | General reserve | Retained earnings | Total | Non- controlling interests | Total | |
| LKR 000 | LKR 000 | LKR 000 | LKR 000 | LKR 000 | LKR 000 | LKR 000 | LKR 000 | LKR 000 | |
| Group | |||||||||
| Balance as at 31.12.2015 | 4,715,814 | 1,834,275 | 11,857,655 | 21,910 | 13,779,839 | 11,506,206 | 43,715,699 | 252,426 | 43,968,125 |
| Profit for the year | – | – | – | – | – | 3,414,980 | 3,414,980 | 54,094 | 3,469,074 |
| Other comprehensive income net of tax | – | – | 227,799 | 11,518 | – | 143,177 | 382,494 | 176 | 382,670 |
| Total comprehensive income for the year | – | – | 227,799 | 11,518 | – | 3,558,157 | 3,797,474 | 54,270 | 3,851,744 |
| Transfers | – | 170,000 | – | – | – | (170,000) | – | – | – |
| Transactions with equity holders, recognised directly in equity | |||||||||
| Change in holding through joint venture |
– | – | – | – | – | (610) | (610) | – | (610) |
| Final dividend approved on 24.02.2016 |
– | – | – | – | – | (662,744) | (662,744) | – | (662,744) |
| Dividend distributed to non-controlling interest by subsidiaries |
– | – | – | – | – | – | – | (46,796) | (46,796) |
| Total contributions from and distribution to equity holders | – | – | – | – | – | (663,354) | (663,354) | (46,796) | (710,150) |
| Balance as at 31.12.2016 | 4,715,814 | 2,004,275 | 12,085,454 | 33,428 | 13,779,839 | 14,231,009 | 46,849,819 | 259,900 | 47,109,719 |
| Profit for the year | – | – | – | – | – | 4,362,407 | 4,362,407 | 71,350 | 4,433,757 |
| Other comprehensive income net of tax |
– | – | (1,052,971) | (20,367) | – | 40,681 | (1,032,657) | 222 | (1,032,435) |
| Total comprehensive income for the year |
– | – | (1,052,971) | (20,367) | – | 4,403,088 | 3,329,750 | 71,572 | 3,401,322 |
| Transfers | – | 220,000 | – | – | – | (220,000) | – | – | |
| Transactions with equity holders, recognised directly in equity | |||||||||
| Forfeiture of unclaimed dividends | – | – | – | – | – | 20,878 | 20,878 | – | 20,878 |
| Change in holding through joint venture |
– | – | – | – | – | 117,478 | 117,478 | – | 117,478 |
| Final dividend approved on 20.02.2017 |
– | – | – | – | – | (1,192,940) | (1,192,940) | – | (1,192,940) |
| Dividend distributed to non-controlling interest by subsidiaries |
– | – | – | – | – | – | – | (54,600) | (54,600) |
| Total contributions from and distribution to equity holders | – | 220,000 | – | – | – | (1,054,584) | (1,054,584) | (54,600) | (1,109,184) |
| Balance as at 31.12.2017 | 4,715,814 | 2,224,275 | 11,032,483 | 13,061 | 13,779,839 | 17,359,513 | 49,124,985 | 276,872 | 49,401,857 |