9
Financial reports
Statement of Changes in Equity
| Company | Other reserves | |||||||||
| Capital Rs. ’000 |
Reserve fund Rs. ’000 |
General reserve Rs. ’000 |
Tax
equalisation reserve Rs. ’000 |
Revaluation
reserve Rs. ’000 |
Available-for-
sale reserve Rs.’000 |
Fair value reserve Rs.’000 |
Cash flow hedge reserve Rs. ’000 |
Retained earnings Rs. ’000 |
Total equity Rs. ’000 |
|
| Balance as at 1 April 2017 | 13,236,073 | 1,621,946 | 300,000 | 100,000 | 7,302 | 31,009 | – | 879 | 9,400,084 | 24,697,293 |
| Total comprehensive income for the year |
||||||||||
| Profit/(loss) for the year | – | – | – | – | – | – | – | – | 4,309,330 | 4,309,330 |
| Other comprehensive income (net of tax) | – | – | – | – | – | 15,860 | – | (879) | (16,955) | (1,974) |
| Total comprehensive income for the year | – | – | – | – | – | 15,860 | – | (879) | 4,292,375 | 4,307,356 |
| Transactions with equity holders, recognised directly in equity | ||||||||||
| Transfers to reserves | – | 215,467 | – | – | – | – | – | – | (215,467) | – |
| Dividend paid – Interim | – | – | – | – | – | – | – | – | (1,184,896) | (1,184,896) |
| – Final | – | – | – | – | – | – | – | – | (789,931) | (789,931) |
| Total transactions with equity holders | – | 215,467 | – | – | – | – | – | – | (2,190,294) | (1,974,827) |
| Balance as at 31 March 2018 | 13,236,073 | 1,837,413 | 300,000 | 100,000 | 7,302 | 46,869 | – | – | 11,502,165 | 27,029,822 |
| Balance as at 1 April 2018 | 13,236,073 | 1,837,413 | 300,000 | 100,000 | 7,302 | 46,869 | – | – | 11,502,165 | 27,029,822 |
| Recognition of SLFRS 9 expected credit loss those measured at amortised cost | – | – | – | – | – | – | – | (1,006,640) | (1,006,640) | |
| Differed tax on transitional adjustment | – | – | – | – | – | – | – | 250,729 | 250,729 | |
| Transfer of AFS reserve to fair value reserve | – | – | – | – | – | (46,869) | 46,869 | – | – | – |
| Restated balance as at 1 April 2018 | 13,236,073 | 1,837,413 | 300,000 | 100,000 | 7,302 | – | 46,869 | – | 10,746,254 | 26,273,911 |
| Total comprehensive income for the year | ||||||||||
| Profit/(loss) for the year | – | – | – | – | – | – | – | 4,416,121 | 4,416,121 | |
| Other comprehensive income (net of tax) | – | – | – | – | (7,302) | – | (99,611) | – | (4,937) | (111,850) |
| Total comprehensive income for the year | – | – | – | – | (7,302) | – | (99,611) | – | 4,411,184 | 4,304,271 |
| Transactions with equity holders, recognised directly in equity | ||||||||||
| Transfers to reserves | – | 220,806 | (300,000) | (100,000) | – | – | – | – | 179,194 | – |
| Dividend paid – Interim | – | – | – | – | – | – | – | – | (1,184,896) | (1,184,896) |
| – Final | – | – | – | – | – | – | – | – | (789,931) | (789,931) |
| Total transactions with equity holders | – | 220,806 | (300,000) | (100,000) | – | – | – | – | (1,795,633) | (1,974,827) |
| Balance as at 31 March 2019 | 13,236,073 | 2,058,219 | – | – | – | – | (52,742) | – | 13,361,805 | 28,603,355 |
The Notes appearing on this Annual Report form an integral part of these Financial Statements.
| Group | Other reserves | |||||||||||
| Capital Rs. ’000 |
Reserve fund Rs. ’000 |
General reserve Rs. ’000 |
Tax equalisation reserve Rs. ’000 |
Available for-sale reserve Rs. ’000 |
Fair value reserve Rs. ’000 |
Cash flow hedge reserve Rs. ’000 |
Foreign currency translation reserve Rs. ’000 |
Retained earnings Rs. ’000 |
Total Rs. ’000 |
Non- controlling interest Rs. ’000 |
Total equity Rs. ’000 |
|
| Balance as at 1 April 2017 | 13,236,073 | 1,621,946 | 300,000 | 100,000 | 20,078 | – | 879 | – | 10,560,834 | 25,839,810 | 1,084,969 | 26,924,779 |
| Movement due to change in ownership | – | – | – | – | – | – | – | – | – | 989,833 | 989,833 | |
| Total comprehensive income for the year | ||||||||||||
| Profit/(loss) for the year | – | – | – | – | – | – | – | – | 4,816,920 | 4,816,920 | 200,793 | 5,017,713 |
| Other comprehensive income (net of tax) | – | – | – | – | 25,507 | – | (879) | 2,828 | (20,288) | 7,168 | 1,975 | 9,143 |
| Total comprehensive income for the year | – | – | – | – | 25,507 | – | (879) | 2,828 | 4,796,632 | 4,824,088 | 1,192,601 | 6,016,689 |
| Transactions with equity holders, recognised directly in equity | ||||||||||||
| Transfers to reserves | – | 215,467 | – | – | – | – | – | – | (215,467) | – | – | – |
| Dividend paid – Interim |
– | – | – | – | – | – | – | – | (1,184,896) | (1,184,896) | (112,500) | (1,297,396) |
| – Final | – | – | – | – | – | – | – | – | (789,931) | (789,931) | – | (789,931) |
| Total transactions with equity holders | – | 215,467 | – | – | – | – | – | – | (2,190,294) | (1,974,827) | (112,500) | (2,087,327) |
| Balance as at 31 March 2018 | 13,236,073 | 1,837,413 | 300,000 | 100,000 | 45,585 | – | – | 2,828 | 13,167,172 | 28,689,071 | 2,165,070 | 30,854,141 |
| Balance as at 1 April 2018 | 13,236,073 | 1,837,413 | 300,000 | 100,000 | 45,585 | – | – | 2,828 | 13,167,172 | 28,689,071 | 2,165,070 | 30,854,141 |
| Recognition of SLFRS 9 expected credit loss those measured at amortised cost | – | – | – | – | – | – | – | – | (1,066,686) | (1,066,686) | – | (1,066,686) |
| Differed tax on transitional adjustment | – | – | – | – | – | – | – | – | 266,494 | 266,494 | – | 266,494 |
| Transfer of AFS reserve to fair value reserve | – | – | – | – | (45,585) | 45,585 | – | – | – | – | – | – |
| Restated Balance as at 1 April 2018 | 13,236,073 | 1,837,413 | 300,000 | 100,000 | – | 45,585 | – | 2,828 | 12,366,980 | 27,888,879 | 2,165,070 | 30,053,949 |
| Capital gain tax | – | – | – | – | – | – | – | – | (167,949) | (167,949) | – | (167,949) |
| Balance after capital gain tax | 13,236,073 | 1,837,413 | 300,000 | 100,000 | – | 45,585 | – | 2,828 | 12,199,031 | 27,720,930 | 2,165,070 | 29,886,000 |
| Total comprehensive income for the year | ||||||||||||
| Profit/(loss) for the year | – | – | – | – | – | – | – | – | 4,813,578 | 4,813,578 | 197,690 | 5,011,268 |
| Other comprehensive income (net of tax) | – | – | – | – | – | (100,290) | – | 259,151 | (6,104) | 152,757 | (740) | 152,017 |
| Total comprehensive income for the year | – | – | – | – | – | (100,290) | – | 259,151 | 4,807,474 | 4,966,335 | 196,950 | 5,163,285 |
| Transactions with equity holders, recognised directly in equity | ||||||||||||
| Transfers to reserves | – | 233,254 | (300,000) | (100,000) | – | – | – | – | 166,746 | – | – | – |
| Dividend paid – Interim |
– | – | – | – | – | – | – | – | (1,184,896) | (1,184,896) | (92,500) | (1,277,396) |
| – Final | – | – | – | – | – | – | – | – | (789,931) | (789,931) | – | (789,931) |
| Total transactions with equity holders | – | 233,254 | (300,000) | (100,000) | – | – | – | – | (1,808,081) | (1,974,827) | (92,500) | (2,067,327) |
| Balance as at 31 March 2019 | 13,236,073 | 2,070,667 | – | – | – | (54,705) | – | 261,979 | 15,198,424 | 30,712,438 | 2,269,520 | 32,981,958 |
The Notes appearing on this Annual Report form an integral part of these Financial Statements.