| Bank | Group | |||
| For the year ended 31 December | 2022 USD ’000 |
2021 USD ’000 |
2022 USD ’000 |
2021 USD ’000 |
| Profit/(loss) for the year | 88,052 | 187,544 | 87,712 | 192,998 |
| Items that will be reclassified to the profit or loss | ||||
| Exchange differences on translation of foreign operations | 20,831 | 3,964 | 27,108 | 5,619 |
| Net gains/(losses) on cash flow hedge instruments | 61,638 | 16,161 | 61,638 | 16,161 |
| Net gains/(losses) on investments in debt instruments measured at fair value through other comprehensive income (FVTOCI) |
3,660 | (6,219) | 3,615 | (6,269) |
| Net (gains)/losses on investment in financial assets at FVTOCI reclassification to profit or loss |
(16) | (220) | (16) | (220) |
| Deferred tax effect on above | (386) | 1,604 | (386) | 1,604 |
| Share of other comprehensive income of Associate companies, net of tax | – | – | (56) | 57 |
| Total items that will be reclassified to the profit or loss | 85,727 | 15,290 | 91,904 | 16,952 |
| Items that will not be reclassified to the profit or loss | ||||
| Change in fair value on investments in equity instruments measured at fair value through other comprehensive income (FVTOCI) |
(863) | (935) | 1,509 | (775) |
| Deferred tax effect on above | (1,615) | 202 | (1,615) | 202 |
| Changes in revaluation surplus/(deficit) | 5,007 | (1,421) | 10,178 | 1,723 |
| Deferred tax effect on above | (5,120) | 4,885 | (6,672) | 5,709 |
| Net acturial gains/(losses) on defined benefit plans | (10,590) | 33,774 | (10,457) | 34,098 |
| Deferred tax effect on above | 4,033 | (10,102) | 3,915 | (10,180) |
| Total items that will not be reclassified to the profit or loss | (9,148) | 26,403 | (3,142) | 30,777 |
| Other comprehensive income for the year, net of tax | 76,580 | 41,693 | 88,762 | 47,729 |
| Total comprehensive income for the year | 164,631 | 229,237 | 176,474 | 240,727 |
| Attributable to: | ||||
| Equity holder of the Bank | 164,631 | 229,237 | 176,776 | 239,622 |
| Non-controlling interest | – | – | (302) | 1,105 |
| Total comprehensive income for the year | 164,631 | 229,237 | 176,474 | 240,727 |
Exchange rate of 1 USD was LKR 363.1100 as at 31 December 2022. (LKR 200.4338 as at 31 December 2021)
The Statement of Comprehensive Income given in this page does not form part of the Audited Financial Statements and it is solely for the convenience of the shareholders, investors, bankers and other interested parties of the Financial Statements of the Bank.