Statement of Profit or Loss and Other Comprehensive Income
| GROUP | BANK | ||||||
| For the year ended December 31, | Note | 2018 Rs. ’000 | 2017 Rs. ’000 | Change % | 2018 Rs. ’000 | 2017 Rs. ’000 | Change % |
| Profit for the year | 17,862,831 | 16,626,507 | 7.44 | 17,543,828 | 16,581,244 | 5.81 | |
| Other comprehensive income, net of tax | |||||||
| Items that will never be reclassified to profit or loss | |||||||
| Net actuarial gains/(losses) on defined benefit plans | 104,581 | (536,508) | 119.49 | 107,376 | (529,902) | 120.26 | |
| Gains/(losses) on remeasurement of defined benefit liability/asset | 149,721 | (718,572) | 120.84 | 153,602 | (709,396) | 121.65 | |
| Less: Deferred tax charge/(reversal) on actuarial gains/(losses) | 45,140 | (182,064) | 124.79 | 46,226 | (179,494) | 125.75 | |
| Net change in revaluation surplus | (10,010) | 1,636,524 | (100.61) | – | 1,396,663 | – | |
| Changes in revaluation surplus/(deficit) | – | 3,845,981 | – | – | 3,542,214 | – | |
| Less: Deferred tax charge/(reversal) on revaluation surplus | 10,010 | 2,209,457 | (99.55) | – | 2,145,551 | – | |
| Net change in fair value on investments in equity | (17,314) | – | – | (17,314) | – | – | |
| Change in fair value on investments in equity at fair value through other comprehensive income | (17,314) | – | – | (17,314) | – | – | |
| Less: Deferred tax charge/(reversal) on change in fair value on investments in equity | – | – | – | – | – | – | |
| Realised gains/(losses) from disposal of investment in equity | 2,909 | – | – | 2,909 | – | – | |
| Share of other comprehensive income of associates | (61) | – | – | – | – | – | |
| Items that are or may be reclassified to profit or loss | |||||||
| Net gains/(losses) arising from translating the Financial Statements of foreign operations | 57.5 | 3,003,952 | (503,140) | 697.04 | 2,557,517 | (525,093) | 587.06 |
| Net gains/(losses) on investment in financial assets at fair value through other comprehensive income/financial investments – Available for sale | (1,043,629) | 5,501,319 | (118.97) | (1,042,248) | 5,501,302 | (118.95) | |
| Government Securities | (1,043,629) | 5,407,140 | (119.30) | (1,042,248) | 5,407,123 | (119.28) | |
| Fair value gains/(losses) that arose during the year, net of tax | (1,203,677) | 5,434,372 | (122.15) | (1,202,296) | 5,434,355 | (122.12) | |
| Fair value gains/(losses) recycled to the Income Statement on reclassification, net of tax | – | 38,181 | – | – | 38,181 | – | |
| Fair value gains/(losses) realised to the Income Statement on disposal, net of tax | (169,275) | (65,413) | (158.78) | (169,275) | (65,413) | (158.78) | |
| Fair value gains/(losses) recycled to the Income Statement as impairment, net of tax | 329,323 | – | – | 329,323 | – | – | |
| Equity securities | – | 94,179 | – | – | 94,179 | – | |
| Fair value gains/(losses) arose during the year, net of tax | – | 94,179 | – | – | 94,179 | – | |
| Fair value gains/(losses) realised and recycled to the Income Statement on disposal, net of tax | – | – | – | – | – | – | |
| Cash flow hedges – effective portion of changes in fair value, net of tax | 57.7 | 27,231 | (3,212) | 947.79 | 27,231 | (3,212) | 947.79 |
| Share of other comprehensive income of associates | (8,371) | 3,526 | (337.41) | – | – | – | |
| Other comprehensive income for the year, net of tax | 2,059,288 | 6,098,509 | (66.23) | 1,635,471 | 5,839,758 | (71.99) | |
| Total comprehensive income for the year | 19,922,119 | 22,725,016 | (12.33) | 19,179,299 | 22,421,002 | (14.46) | |
| Attributable to: | |||||||
Equity holders of the Bank |
19,598,286 | 22,682,517 | (13.60) | 19,179,299 | 22,421,002 | (14.46) | |
Non-controlling interest |
323,833 | 42,499 | 661.98 | – | – | – | |
| Total comprehensive income for the year | 19,922,119 | 22,725,016 | (12.33) | 19,179,299 | 22,421,002 | (14.46) | |