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 2023 | 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 | |
| Total comprehensive income for the year | ||||||||||
| Profit for the year | – | – | – | – | – | – | 26,693,526 | 26,693,526 | ||
| Other comprehensive income, net of tax | – | – | – | (20,369,118) | 1,695,983 | (1,977,563) | 4,919,145 | (13,258,191) | (28,989,744) | |
| Total comprehensive income for the year | – | – | – | (20,369,118) | 1,695,983 | (1,977,563) | 4,919,145 | 13,435,335 | (2,296,218) | |
| Transactions with equity holder, recognised directly in equity | ||||||||||
| Dividends for 2023 | 20.3 | – | – | – | – | – | – | (173,205) | (173,205) | |
| Revaluation surplus of disposed property | 54.1 | – | – | - | – | – | (7,241) | 7,241 | – | |
| Transfers to permanent reserve fund | 51 | – | – | 534,000 | – | – | - | (534,000) | – | |
| Total transactions with equity holder | – | – | 534,000 | – | – | – | (7,241) | (699,964) | (173,205) | |
| Balance as at 31 December 2023 | 25,000,000 | 730,000 | 15,665,000 | 5,251,517 | 2,557,307 | 8,931,901 | 22,227,386 | 171,351,609 | 251,714,720 | |
| Balance as at 1 January 2024 | 25,000,000 | 730,000 | 15,665,000 | 5,251,517 | 2,557,307 | 8,931,901 | 22,227,386 | 171,351,609 | 251,714,720 | |
| Total comprehensive income for the year | ||||||||||
| Profit for the year | – | – | – | – | – | – | 64,386,939 | 64,386,939 | ||
| Other comprehensive income, net of tax | – | – | – | (3,730,094) | 3,177,242 | (1,849,445) | – | (9,656,220) | (12,058,517) | |
| Total comprehensive income for the year | – | – | – | (3,730,094) | 3,177,242 | (1,849,445) | – | 54,730,719 | 52,328,422 | |
| Transactions with equity holder, recognised directly in equity | ||||||||||
| Surcharge Tax | (1,483,337) | (1,483,337) | ||||||||
| Transfers to other reserve | 54.4 | – | – | – | – | 39,922,131 | – | (39,922,131) | – | |
| Transfers to permanent reserve fund | 51 | – | – | 1,288,000 | – | – | – | (1,288,000) | – | |
| Total transactions with equity holder | – | – | 1,288,000 | – | 39,922,131 | – | (42,693,468) | (1,483,337) | ||
| Balance as at 31 December 2024 | 25,000,000 | 730,000 | 16,953,000 | 1,521,423 | 5,734,549 | 47,004,587 | 22,227,386 | 183,388,860 | 302,559,805 | |
The Notes to the Financial Statements from pages 194 to 349 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 2023 | 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 | |
| Total comprehensive income for the year | |||||||||||
| Profit for the year | – | – | – | – | – | – | – | 27,571,569 | 46,018 | 27,617,587 | |
| Other comprehensive income, net of tax | – | – | – | (20,369,118) | 2,415,451 | (2,286,201) | 6,136,562 | (13,310,635) | 16,809 | (27,397,132) | |
| Total comprehensive income for the year | – | – | – | (20,369,118) | 2,415,451 | (2,286,201) | 6,136,562 | 14,260,934 | 62,827 | 220,455 | |
| Transactions with equity holders, recognised directly in equity | |||||||||||
| Dividends for 2023 | 20.3 | – | – | – | – | – | – | – | (173,205) | – | (173,205) |
| Subsidiary dividends to non controlling interest | – | – | – | – | – | – | – | – | (5,437) | (5,437) | |
| Transfers to permanent reserve fund | 51 | – | – | 534,000 | – | – | – | (534,000) | – | – | |
| Revaluation surplus of disposed property | 54.1 | – | – | – | – | – | – | (7,241) | 7,241 | – | – |
| Transfers to other reserves | – | – | – | – | – | 317,149 | – | (317,149) | – | – | |
| Reversal of unclaimed dividend | – | – | – | – | – | – | – | – | 6,439 | 6,439 | |
| Total transactions with equity holders | – | – | 534,000 | – | – | 317,149 | (7,241) | (1,017,113) | 1,002 | (172,203) | |
| Balance as at 31 December 2023 | 25,000,000 | 730,000 | 15,665,000 | 5,251,517 | 4,999,807 | 13,060,940 | 33,687,424 | 173,063,302 | 1,120,796 | 272,578,786 | |
| Balance as at 1 January 2024 | 25,000,000 | 730,000 | 15,665,000 | 5,251,517 | 4,999,807 | 13,060,940 | 33,687,424 | 173,063,302 | 1,120,796 | 272,578,786 | |
| Total comprehensive income for the year | |||||||||||
| Profit for the year | – | – | – | – | – | – | – | – | 65,007,643 | 53,834 | 65,061,477 |
| Other comprehensive income, net of tax | – | – | – | (3,730,094) | 2,328,764 | (2,499,942) | (102,718) | (9,682,023) | (18,172) | (13,704,185) | |
| Total comprehensive income for the year | – | – | – | (3,730,094) | 2,328,764 | (2,499,942) | (102,718) | 55,325,620 | 35,662 | 51,357,292 | |
| Transactions with equity holders, recognised directly in equity | |||||||||||
| Surcharge tax | – | – | – | – | – | – | – | – | (1,483,337) | – | (1,483,337) |
| Subsidiary dividends to non controlling interest | – | – | – | – | – | – | – | – | (6,809) | (6,809) | |
| Transfers to other reserves | – | – | – | – | – | – | 40,080,972 | – | (40,080,972) | – | – |
| Transfers to permanent reserve fund | 51 | – | 1,288,000 | – | – | – | – | (1,288,000) | – | ||
| Reversal of unclaimed dividend | – | – | – | – | – | – | – | – | 1,828 | 1,828 | |
| Total transactions with equity holders | – | – | 1,288,000 | – | – | 40,080,972 | – | (42,852,309) | (4,981) | (1,488,318) | |
| Balance as at 31 December 2024 | 25,000,000 | 730,000 | 16,953,000 | 1,521,423 | 7,328,571 | 50,641,970 | 33,584,706 | 185,536,613 | 1,151,477 | 322,447,760 | |
The Notes to the Financial Statements from pages 194 to 349 form an integral part of these Financial Statements.