Statement of Profit or Loss and Other Comprehensive Income
| GROUP | BANK | |||||
| For the year ended December 31, | 2014 Rs. ’000 |
2013 Rs. ’000 |
Change % |
2014 Rs. ’000 |
2013 Rs. ’000 |
Change % |
| Profit for the year | 11,242,793 | 10,573,457 | 6.33 | 11,180,181 | 10,445,511 | 7.03 |
Other comprehensive income, net of tax |
||||||
| Items that will never be reclassified to profit or loss | ||||||
| Net actuarial gains/(losses) on defined benefit plans | (60,828) | (21,409) | (184.12) | (60,667) | (20,668) | (193.53) |
| Remeasurement of defined benefit liability/(asset) | (84,484) | (29,088) | (190.44) | (84,259) | (28,705) | (193.53) |
| Less: Deferred tax charge/(reversal) on actuarial gains/(losses) | (23,656) | (7,679) | (208.06) | (23,592) | (8,037) | (193.54) |
| Net change in revaluation surplus | 1,638,518 | (121,178) | 1,452.16 | 1,500,805 | (121,178) | 1,338.51 |
| Changes in revaluation surplus/(deficit) | 1,812,757 | – | – | 1,621,489 | – | – |
| Less: Deferred tax charge/(reversal) on revaluation surplus | 174,239 | 121,178 | 43.79 | 120,684 | 121,178 | (0.41) |
| Items that are or may be reclassified to profit or loss | ||||||
| Net gains/(losses) arising from translating the Financial Statements of the foreign operation | (60,430) | 361,343 | (116.72) | (57,151) | 350,969 | (116.28) |
| Net fair value gains/(losses) on re-measuring Financial investments – Available-for-sale | 681,002 | 1,579,100 | (56.87) | 681,011 | 1,579,100 | (56.87) |
| Sri Lanka Government Securities | 640,437 | 1,437,346 | (55.44) | 640,446 | 1,437,346 | (55.44) |
| Fair value gains/(losses) arose during the year, net of tax | 2,247,787 | 1,982,249 | 13.40 | 2,247,796 | 1,982,249 | 13.40 |
| Fair value gains/(losses) realised and recycled to the Income Statement on disposal, net of tax | (1,607,350) | (544,903) | (194.98) | (1,607,350) | (544,903) | (194.98) |
| Equity Securities | 40,565 | 141,754 | (71.38) | 40,565 | 141,754 | (71.38) |
| Fair value gains/(losses) arose during the year, net of tax | 40,565 | 141,754 | (71.38) | 40,565 | 141,754 | (71.38) |
| Fair value gains/(losses) realised and recycled to the Income Statement on disposal, net of tax | – | – | – | – | – | – |
| Share of other comprehensive income of associates, net of tax | 6,402 | (2,132) | 400.28 | – | – | – |
| Other comprehensive income for the year, net of tax | 2,204,664 | 1,795,724 | 22.77 | 2,063,998 | 1,788,223 | 15.42 |
| Total comprehensive income for the year | 13,447,457 | 12,369,181 | 8.72 | 13,244,179 | 12,233,734 | 8.26 |
| Attributable to: | ||||||
| Equity holders of the Bank | 13,436,055 | 12,359,090 | 8.71 | 13,244,179 | 12,233,734 | 8.26 |
| Non-controlling interest | 11,402 | 10,091 | 12.99 | – | – | – |
| Total comprehensive income for the year | 13,447,457 | 12,369,181 | 8.72 | 13,244,179 | 12,233,734 | 8.26 |