Pushing the Pace in
a Resurgent Sri Lanka
a Resurgent Sri Lanka
| Attributable to Equity Holders of the Parent | ||||||||||||
| For the year ended 31 December |
Capital | Statutory
Reserve Fund |
Available-
for-Sale Reserve |
Revaluation
Reserve |
General
Reserve |
Investment
Fund Account |
Share
Based Payment Reserve |
Cash Flow
Hedge Reserve |
Retained
Earnings |
Total | Non-
Controlling Interests |
Total
Equity |
| LKR ’000 | LKR ’000 | LKR ’000 | LKR ’000 | LKR ’000 | LKR ’000 | LKR ’000 | LKR ’000 | LKR ’000 | LKR ’000 | LKR ’000 | LKR ’000 | |
Bank |
||||||||||||
| Balance as at 1 January 2013 |
1,093,095 | 878,718 | – | – | 5,805,707 | 924,332 | – | – | 6,240,549 | 14,942,401 | – | 14,942,401 |
| Total comprehensive income for the year |
||||||||||||
| Profit for the year | – | – | – | – | – | – | – | – | 7,723,236 | 7,723,236 | – | 7,723,236 |
| Other comprehensive income net of tax |
– | – | 106,669 | – | – | – | – | – | (32,071) | 74,598 | – | 74,598 |
| Total comprehensive income for the Year |
– | – | 106,669 | – | – | – | – | – | 7,691,165 | 7,797,834 | – | 7,797,834 |
| Transactions with equity holders, recognized directly in equity |
||||||||||||
| Issue of shares | 79,809 | – | – | – | – | – | – | – | – | 79,809 | – | 79,809 |
| Transfer to investment fund account |
– | – | – | – | – | 782,419 | – | – | (782,419) | – | – | – |
| Fair value of share options | 22,367 | – | – | 22,367 | – | 22,367 | ||||||
| Transfer to statutory reserve fund |
– | 79,809 | – | – | – | – | – | – | (79,809) | – | – | – |
| Dividends to equity holders | – | – | – | – | – | – | – | – | (3,221,933) | (3,221,933) | – | (3,221,933) |
| Balance as at 31 December 2013 |
1,172,904 | 958,527 | 106,669 | – | 5,805,707 | 1,706,751 | 22,367 | – | 9,847,553 | 19,620,478 | – | 19,620,478 |
| Balance as at 1 January 2014 |
1,172,904 | 958,527 | 106,669 | – | 5,805,707 | 1,706,751 | 22,367 | – | 9,847,553 | 19,620,478 | – | 19,620,478 |
| Total comprehensive income for the year |
||||||||||||
| Profit for the year | – | – | – | – | – | – | – | – | 3,418,064 | 3,418,064 | – | 3,418,064 |
| Other comprehensive income before tax |
– | – | (35,110) | 1,084,185 | – | – | – | 397,852 | (139,735) | 1,307,192 | – | 1,307,192 |
| Tax on other comprehensive income |
– | – | 33,691 | (230,729) | – | – | – | – | 16,897 | (180,141) | – | (180,141) |
| Total comprehensive income for the year |
– | – | (1,419) | 853,456 | – | – | – | 397,852 | 3,295,226 | 4,545,115 | – | 4,545,115 |
| Transactions with equity holders, recognized directly in equity |
||||||||||||
| Issue of shares (Note 43) | 52,258 | – | – | – | – | – | – | – | – | 52,258 | – | 52,258 |
| Transfer from investment fund account |
– | – | – | – | – | (1,706,751) | – | – | 1,706,751 | – | – | – |
| Fair value of share options | – | – | – | – | – | – | (2,124) | – | – | (2,124) | – | (2,124) |
| Transfer to statutory reserve fund |
– | 52,258 | – | – | – | – | – | – | (52,258) | – | – | – |
| Dividends to equity holders | – | – | – | – | – | – | – | – | (1,977,535) | (1,977,535) | – | (1,977,535) |
| Balance as at 31 December 2014 |
1,225,162 | 1,010,785 | 105,250 | 853,456 | 5,805,707 | – | 20,243 | 397,852 | 12,819,737 | 22,238,192 | – | 22,238,192 |
GROUP |
||||||||||||
| Balance as at 1 January 2013 |
863,937 | 878,718 | – | – | 5,805,707 | 924,332 | – | – | 16,410,347 | 24,883,041 | 826,411 | 25,709,452 |
| Total comprehensive income for the year |
||||||||||||
| Profit for the year | – | – | – | – | – | – | – | – | 2,641,925 | 2,641,925 | 70,303 | 2,712,228 |
| Other comprehensive income net of tax |
– | – | 150,614 | – | – | – | – | – | (42,017) | 108,597 | (1,212) | 107,385 |
| Total Comprehensive Income for the Year |
– | – | 150,614 | – | – | – | – | – | 2,599,908 | 2,750,522 | 69,091 | 2,819,613 |
| Transactions with equity holders, recognized directly in equity |
||||||||||||
| Issue of shares | 79,809 | – | – | – | – | – | – | – | – | 79,809 | – | 79,809 |
| Transfer to investment fund account |
– | – | – | – | – | 782,419 | – | – | (782,419) | – | – | – |
| Fair value of share options | – | – | – | – | – | – | 22,367 | – | – | 22,367 | – | 22,367 |
| Transfer to statutory reserve fund |
– | 79,809 | – | – | – | – | – | – | (79,809) | – | – | – |
| Dividends to equity holders | – | – | – | – | – | – | – | – | (3,221,933) | (3,221,933) | (34,645) | (3,256,578) |
| Effect of change in holding in a group company |
– | – | – | – | – | – | – | – | – | – | (13,009) | (13,009) |
| Balance as at 31 December 2013 |
943,746 | 958,527 | 150,614 | – | 5,805,707 | 1,706,751 | 22,367 | – | 14,926,094 | 24,513,806 | 847,848 | 25,361,654 |
| Balance as at 1 January 2014 |
943,746 | 958,527 | 150,614 | – | 5,805,707 | 1,706,751 | 22,367 | – | 14,926,094 | 24,513,806 | 847,848 | 25,361,654 |
| Total comprehensive income for the year |
||||||||||||
| Profit for the year | – | – | – | – | – | – | – | – | 4,133,932 | 4,133,932 | 112,040 | 4,245,972 |
| Other comprehensive income before tax |
– | – | (21,950) | 1,084,185 | – | – | – | 397,852 | (139,403) | 1,320,684 | 149 | 1,320,833 |
| Tax on other comprehensive income |
33,691 | (230,729) | – | – | – | – | 16,897 | (180,141) | (180,141) | |||
| Total Comprehensive Income for the year |
– | – | 11,741 | 853,456 | – | – | – | 397,852 | 4,011,426 | 5,274,475 | 112,189 | 5,386,664 |
| Transactions with equity holders, recognized directly in equity |
||||||||||||
| Issue of shares (Note 43) | 52,258 | – | – | – | – | – | – | – | – | 52,258 | – | 52,258 |
| Transfer from investment fund account |
– | – | – | – | – | (1,706,751) | – | – | 1,706,751 | – | – | – |
| Adjustment for reversal of ESOP consolidation |
229,158 | – | – | – | – | – | – | – | (161,059) | 68,099 | – | 68,099 |
| Adjustment to share based payment reserves |
(79,809) | – | – | – | – | – | 37,781 | – | (13,302) | (55,330) | – | (55,330) |
| Fair value of share options | – | – | – | – | – | – | – | – | – | – | – | – |
| Transfer to statutory reserve fund |
– | 52,258 | – | – | – | – | – | – | (52,258) | – | – | – |
| Dividends to equity holders | – | – | – | – | – | – | – | – | (1,977,535) | (1,977,535) | (37,391) | (2,014,926) |
| Balance as at 31 December 2014 |
1,145,353 | 1,010,785 | 162,355 | 853,456 | 5,805,707 | – | 60,148 | 397,852 | 18,440,117 | 27,875,773 | 922,646 | 28,798,419 |