Statement of Profit or Loss and Other Comprehensive Income
| GROUP | BANK | |||||
| For the year ended December 31, | 2015 Rs. ’000 |
2014 Rs. ’000 |
Change % |
2015 Rs. ’000 |
2014 Rs. ’000 |
Change % |
| Profit for the year | 11,859,260 | 11,242,793 | 5.48 | 11,903,224 | 11,180,181 | 6.47 |
| Other comprehensive income, net of tax | ||||||
| Items that will never be reclassified to profit or loss | ||||||
| Net actuarial gains/(losses) on defined benefit plans | (62,272) | (60,828) | (2.37) | (68,714) | (60,667) | (13.26) |
| Remeasurement of defined benefit liability/(asset) | (65,150) | (84,484) | 22.88 | (74,097) | (84,259) | 12.06 |
| Less: Deferred tax charge/(reversal) on actuarial gains/(losses) | (2,878) | (23,656) | 87.83 | (5,383) | (23,592) | 77.18 |
| Net change in revaluation surplus | – | 1,638,518 | – | – | 1,500,805 | – |
| Changes in revaluation surplus/(deficit) | – | 1,812,757 | – | – | 1,621,489 | – |
| Less: Deferred tax charge/(reversal) on revaluation surplus | – | 174,239 | – | – | 120,684 | – |
| Items that are or may be reclassified to profit or loss | ||||||
| Net gains/(losses) arising from translating the Financial Statements of the foreign operation | 886,677 | (60,430) | 1,567.28 | 888,844 | (57,151) | 1,655.26 |
| Net fair value gains/(losses) on remeasuring financial investments – available-for-sale | (6,690,945) | 681,002 | (1,082.51) | (6,690,945) | 681,011 | (1,082.50) |
| Sri Lanka Government Securities | (6,733,881) | 640,437 | (1,151.45) | (6,733,881) | 640,446 | (1,151.44) |
| Fair value gains/(losses) arose during the year, net of tax | (6,625,162) | 2,247,787 | (394.74) | (6,625,162) | 2,247,796 | (394.74) |
| Fair value gains/(losses) realised and recycled to the Income Statement on disposal, net of tax | (108,719) | (1,607,350) | 93.24 | (108,719) | (1,607,350) | 93.24 |
| Equity Securities | 42,936 | 40,565 | 5.84 | 42,936 | 40,565 | 5.84 |
| Fair value gains/(losses) arose during the year, net of tax | 42,936 | 40,565 | 5.84 | 42,936 | 40,565 | 5.84 |
| 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 | (8,689) | 6,402 | (235.72) | – | – | – |
| Other comprehensive income for the year, net of tax | (5,875,229) | 2,204,664 | (366.49) | (5,870,815) | 2,063,998 | (384.44) |
| Total comprehensive income for the year | 5,984,031 | 13,447,457 | (55.50) | 6,032,409 | 13,244,179 | (54.45) |
| Attributable to: | ||||||
| Equity holders of the Bank | 5,979,574 | 13,436,055 | (55.50) | 6,032,409 | 13,244,179 | (54.45) |
| Non-controlling interest | 4,457 | 11,402 | (60.91) | – | – | – |
| Total comprehensive income for the year | 5,984,031 | 13,447,457 | (55.50) | 6,032,409 | 13,244,179 | (54.45) |