Bank
| Other reserves | ||||||||||
| Note | Share capital LKR ’000 |
Capital pending allotment LKR ’000 |
Permanent reserve fund LKR ’000 |
Cashflow hedge reserve LKR ’000 |
FVOCI reserve LKR ’000 |
Other reserves LKR ’000 |
Revaluation reserve LKR ’000 |
Retained earnings LKR ’000 |
Total equity LKR ’000 |
|
| Balance as at 1 January 2021 | 25,000,000 | – | 13,739,000 | – | 1,704,356 | 2,550,889 | 16,681,190 | 96,983,948 | 156,659,383 | |
| Total comprehensive income for the year | ||||||||||
| Profit for the year | – | – | – | – | – | – | 37,590,107 | 37,590,107 | ||
| Other comprehensive income, net of tax | – | – | – | 3,239,266 | (1,115,929) | 794,531 | 694,350 | 4,744,534 | 8,356,752 | |
| Total comprehensive income for the year | – | – | – | 3,239,266 | (1,115,929) | 794,531 | 694,350 | 42,334,641 | 45,946,859 | |
| Transactions with equity holder, recognised directly in equity | ||||||||||
| Dividends for 2021 | 20.3 | – | – | – | – | – | – | (1,846,410) | (1,846,410) | |
| Transfers to permanent reserve fund | 51 | – | – | 752,000 | – | – | – | (752,000) | – | |
| Revaluation surplus of disposed property | – | – | – | – | – | (18,998) | 18,998 | – | ||
| Total transactions with equity holder | – | – | 752,000 | – | – | – | (18,998) | (2,579,412) | (1,846,410) | |
| Balance as at 31 December 2021 | 25,000,000 | – | 14,491,000 | 3,239,266 | 588,427 | 3,345,420 | 17,356,542 | 136,739,177 | 200,759,832 | |
| Balance as at 1 January 2022 | 25,000,000 | – | 14,491,000 | 3,239,266 | 588,427 | 3,345,420 | 17,356,542 | 136,739,177 | 200,759,832 | |
| Total comprehensive income for the year | ||||||||||
| Profit for the year | – | – | – | – | – | – | 31,972,408 | 31,972,408 | ||
| Other comprehensive income, net of tax | – | – | – | 22,381,369 | 283,445 | 7,564,044 | (41,060) | (2,380,943) | 27,806,855 | |
| Total comprehensive income for the year | – | – | – | 22,381,369 | 283,445 | 7,564,044 | (41,060) | 29,591,465 | 59,779,263 | |
| Transactions with equity holder, recognised directly in equity | ||||||||||
| Surcharge Tax | (6,738,542) | (6,738,542) | ||||||||
| Dividends for 2022 | 20.3 | – | – | – | – | – | – | (346,410) | (346,410) | |
| Capital infusion during the year | 50.1 | – | 730,000 | – | – | – | – | – | 730,000 | |
| Transfer from OCI | 54.4 | – | – | – | (10,548) | – | – | 10,548 | – | |
| Transfers to permanent reserve fund | 51 | – | – | 640,000 | – | – | – | (640,000) | – | |
| Total transactions with equity holder | – | 730,000 | 640,000 | – | (10,548) | – | – | (7,714,404) | (6,354,952) | |
| Balance as at 31 December 2022 | 25,000,000 | 730,000 | 15,131,000 | 25,620,635 | 861,324 | 10,909,464 | 17,315,482 | 158,616,238 | 254,184,143 | |
The Notes 1 to 64 form an integral part of these Financial Statements.
Group
| Attributable to equity holder of the Bank | |||||||||||
| Other reserves | |||||||||||
| Note | Share capital LKR ’000 |
Capital pending allotment LKR ’000 |
Permanent reserve fund LKR ’000 |
Cashflow hedge reserve LKR ’000 |
FVOCI reserve LKR ’000 |
Other reserves LKR ’000 |
Revaluation reserve LKR ’000 |
Retained earnings LKR ’000 |
Non- controlling interest LKR ’000 |
Total equity LKR ’000 |
|
| Balance as at 1 January 2021 | 25,000,000 | – | 13,739,000 | 2,573,148 | 4,060,608 | 24,853,005 | 97,463,266 | 1,267,787 | 168,956,814 | ||
| Total comprehensive income for the year | |||||||||||
| Profit for the year | – | – | – | – | – | – | – | 38,490,392 | 193,002 | 38,683,394 | |
| Other comprehensive income, net of tax | – | – | – | 3,239,266 | (1,089,736) | 1,126,180 | 1,468,637 | 4,793,566 | 28,660 | 9,566,573 | |
| Total comprehensive income for the year | – | – | – | 3,239,266 | (1,089,736) | 1,126,180 | 1,468,637 | 43,283,958 | 221,662 | 48,249,967 | |
| Transactions with equity holders, recognised directly in equity | |||||||||||
| Dividends for 2021 | 20.3 | – | – | – | – | – | – | – | (1,846,410) | – | (1,846,410) |
| Subsidiary dividends to non-controlling interest | – | – | – | – | – | – | – | – | (10,280) | (10,280) | |
| Disposal of subsidiaries | – | – | – | – | – | – | (64,923) | (6,142) | (71,065) | ||
| Transfers to permanent reserve fund | 51 | – | – | 752,000 | – | – | – | – | (752,000) | – | – |
| Revaluation surplus of disposed property | – | – | – | – | – | – | (18,998) | 18,998 | – | – | |
| Change of non-controlling interest | – | – | – | – | – | – | – | – | 116,419 | 116,419 | |
| Reversal of unclaimed dividend | – | – | – | – | – | – | – | 1,333 | – | 1,333 | |
| Total transactions with equity holder | – | – | 752,000 | – | – | – | (18,998) | (2,643,002) | 99,997 | (1,810,003) | |
| Balance as at 31 December 2021 | 25,000,000 | – | 14,491,000 | 3,239,266 | 1,483,412 | 5,186,788 | 26,302,644 | 138,104,222 | 1,589,446 | 215,396,778 | |
| Balance as at 1 January 2022 | 25,000,000 | – | 14,491,000 | 3,239,266 | 1,483,412 | 5,186,788 | 26,302,644 | 138,104,222 | 1,589,446 | 215,396,778 | |
| Total comprehensive income for the year | |||||||||||
| Profit for the year | – | – | – | – | – | – | – | 31,994,638 | (145,621) | 31,849,017 | |
| Other comprehensive income, net of tax | – | – | – | 22,381,369 | 1,111,492 | 9,843,204 | 1,255,459 | (2,397,033) | 35,795 | 32,230,286 | |
| Total comprehensive income for the year | – | – | – | 22,381,369 | 1,111,492 | 9,843,204 | 1,255,459 | 29,597,605 | (109,826) | 64,079,303 | |
| Transactions with equity holders, recognised directly in equity | |||||||||||
| Surcharge tax | – | – | – | – | – | – | – | (7,042,422) | (7,042,422) | ||
| Dividends for 2022 | 20.3 | – | – | – | – | – | – | – | (346,410) | – | (346,410) |
| Capital infusion during the year | 50.1 | – | 730,000 | – | – | – | – | – | – | – | 730,000 |
| Transfers from OCI | – | – | – | – | (10,548) | – | – | 10,548 | – | – | |
| Transfers to permanent reserve fund | 51 | – | – | 640,000 | – | – | – | – | (640,000) | – | – |
| Change of non-controlling interest | – | – | – | – | – | – | – | 134,511 | (422,653) | (288,142) | |
| Reversal of unclaimed dividend | – | – | – | – | – | – | – | 1,427 | – | 1,427 | |
| Total transactions with equity holder | – | 730,000 | 640,000 | – | (10,548) | – | – | (7,882,346) | (422,653) | (6,945,547) | |
| Balance as at 31 December 2022 | 25,000,000 | 730,000 | 15,131,000 | 25,620,635 | 2,584,356 | 15,029,992 | 27,558,103 | 159,819,481 | 1,056,967 | 272,530,534 | |
The Notes 1 to 64 form an integral part of these Financial Statements.