BANK | GROUP | ||||||
For the year ended 31 December | Note | 2015
LKR ’000 |
2014
LKR ’000 |
Change
% |
2015
LKR ’000 |
2014
LKR ’000 |
Change
% |
Profit for the year | 3,511,431 | 3,418,064 | 3 | 3,670,095 | 4,245,972 | (14) | |
Other comprehensive income | |||||||
Other comprehensive income/(expenses) to be reclassified to profit or loss in subsequent periods | |||||||
Exchange differences on translation of foreign operations | – | – | – | 16,225 | 481 | 3,273 | |
Gains/(losses) on available-for-sale investments | (391,286) | (35,110) | (1,014) | (380,673) | (21,950) | (1,634) | |
Deferred tax effect on fair value adjustment of available-for-sale investment | 78,759 | 33,691 | 134 | 78,759 | 33,691 | 134 | |
Net gains/(losses) on available-for-sale investments | 46.2 | (312,527) | (1,419) | (21,924) | (301,914) | 11,741 | (2,671) |
Gains/(losses) on cash flow hedges | 22.1(c) | (287,692) | 397,852 | (172) | (287,692) | 397,852 | (172) |
Other comprehensive income/(expenses) not to be reclassified to profit or loss in subsequent periods | |||||||
Revaluation of freehold land and buildings | 46.1 | – | 1,084,185 | (100) | 95,339 | 1,084,185 | (91) |
Deferred tax effect on revaluation surplus | – | (230,729) | 100 | – | (230,729) | 100 | |
Net change in revaluation surplus | – | 853,456 | (100) | 95,339 | 853,456 | (89) | |
Actuarial gains/(losses) on defined benefit plans | 40.2(d) | 94,353 | (139,735) | 168 | 99,431 | (139,735) | 171 |
Deferred tax effect on actuarial gains/(losses) | (7,325) | 16,897 | (143) | (7,325) | 16,897 | (143) | |
Net actuarial gains/(losses) on defined benefit plans | 87,028 | (122,838) | 171 | 92,106 | (122,838) | 175 | |
Total other comprehensive income for the year, net of taxes | (513,191) | 1,127,051 | (146) | (385,936) | 1,140,692 | (134) | |
Total comprehensive income for the year | 2,998,240 | 4,545,115 | (34) | 3,284,159 | 5,386,664 | (39) | |
Attributable to: | |||||||
Equity holders of the parent | 2,998,240 | 4,545,115 | (34) | 3,150,531 | 5,274,475 | (40) | |
Non-controlling interests | – | – | – | 133,628 | 112,189 | 19 | |
2,998,240 | 4,545,115 | (34) | 3,284,159 | 5,386,664 | (39) |
The Notes to the Financial Statements form an integral part of these Financial Statements.