Financial reports
Statement of Changes in Equity – Group
(all amounts in Sri Lanka Rupees million)
| Attributable to owners of the Company | |||||||
| Notes | Stated capital | Insurance reserve | Retained earnings | Total equity | Non-controlling interest | Total equity | |
| Balance as at 1 January 2017 | 18,049 | 680 | 49,858 | 68,587 | 91 | 68,678 | |
| Non-controlling interest | – | – | – | – | 4 | 4 | |
| Total comprehensive income for the year | |||||||
| Net profit for the year 2017 | – | – | 3,940 | 3,940 | – | 3,940 | |
| Other comprehensive income | |||||||
| Defined benefit plan actuarial (loss)/gain, net of tax |
– | – | 388 | 388 | – | 388 | |
| Total other comprehensive income | – | – | 388 | 388 | – | 388 | |
| Total comprehensive income for the year | – | – | 4,328 | 4,328 | 4 | 4,332 | |
| Transactions with owners, recorded directly in equity | |||||||
| contribution by and distribution to owners | |||||||
| Dividends to equity share holders | – | – | (1,606) | (1,606) | – | (1,606) | |
| Insurance reserve | |||||||
| Transfer to insurance reserve | 27 | – | 11 | (11) | – | – | – |
| Balance as at 31 December 2017 | 18,049 | 691 | 52,569 | 71,309 | 95 | 71,404 | |
| Notes | Attributable to owners of the Company | |||||||
| Stated capital | Insurance reserve | Hedging reserve | Retained earnings | Total equity | Non-controlling interest | Total equity | ||
| Balance as at 1 January 2018 | 18,049 | 691 | – | 52,569 | 71,309 | 95 | 71,404 | |
| SLFRS 15 Adjustment | – | – | – | (467) | (467) | – | (467) | |
| Non-controlling interest | – | – | – | – | – | 1 | 1 | |
| Total comprehensive income for the year | ||||||||
| Net profit for the year 2018 | – | – | – | 4,948 | 4,948 | – | 4,948 | |
| Other comprehensive income | ||||||||
| Net movement on cash flow hedges | – | – | (672) | – | (672) | – | (672) | |
| Defined benefit plan actuarial (loss)/gain, net of tax |
– | – | 112 | 112 | – | 112 | ||
| Total Other comprehensive income | – | – | – | 112 | (560) | – | (560) | |
| Total comprehensive income for the year | – | – | – | 5,060 | 4,388 | – | 4,388 | |
| Transactions with owners, recorded directly in equity |
||||||||
| contribution by and distribution to owners | ||||||||
| Dividends to equity shareholders | – | – | – | (1,606) | (1,606) | – | (1,606) | |
| Insurance reserve | ||||||||
| Transfer to insurance reserve | 27 | – | 100 | – | (100) | – | – | – |
| Balance as at 31 December 2018 | 18,049 | 791 | (672) | 55,456 | 73,624 | 96 | 73,720 | |
The Notes form an integral part of these Financial Statements.