- 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 Profit or Loss and Other
Comprehensive Income
| BANK | GROUP | |||
| For the year ended 31 December | 2017 LKR 000 |
2016 LKR 000 |
2017 LKR 000 |
2016 LKR 000 |
| Profit for the year | 4,414,964 | 3,288,723 | 4,433,757 | 3,469,074 |
| Other comprehensive income/(expenses) for the year, net of tax | ||||
| Items that are or may be reclassified subsequently to income statement | ||||
| Available-for-sale financial assets: | ||||
| Net change in fair value of available-for-sale financial assets | 206,651 | 206,916 | 206,651 | 206,916 |
| Net amount transferred to income statement on disposal of available-for-sale financial assets |
(1,188,907) | (8,533) | (987,323) | (8,533) |
| Tax expense relating to available-for-sale financial assets | (268,545) | 65,447 | (268,545) | 65,447 |
| Share of other comprehensive expenses of equity accounted joint venture |
– | – | (22,136) | (21,154) |
| Share of other comprehensive income/(expenses) of equity accounted associate |
– | – | 479 | (3,359) |
| Total other comprehensive (expenses)/income that are or may be reclassified subsequently to income statement | (1,250,801) | 263,830 | (1,070,874) | 239,317 |
| Items that will not to be reclassified to income statement | ||||
| Actuarial gains and losses on defined benefit plans | 32,399 | 137,764 | 36,411 | 140,509 |
| Tax expense relating to actuarial gains and losses on defined benefit plans |
2,600 | 3,082 | 2,028 | 2,844 |
| Total other comprehensive income not to be reclassified to income statement | 34,999 | 140,846 | 38,439 | 143,353 |
| Other comprehensive (expenses)/income for the year, net of tax |
(1,215,802) | 404,676 | (1,032,435) | 382,670 |
| Total comprehensive income for the year | 3,199,162 | 3,693,399 | 3,401,322 | 3,851,744 |
| Total comprehensive income attributable to: | ||||
| Equity holders of the Bank | 3,199,162 | 3,693,399 | 3,329,750 | 3,797,474 |
| Non-Controlling interests | – | – | 71,572 | 54,270 |
| Total comprehensive income for the year | 3,199,162 | 3,693,399 | 3,401,322 | 3,851,744 |
The notes to the financial statements form part of these financial statements.