(All amounts in Sri Lanka Rupees millions)
For the year ended 31 December 2008
|
| |
Notes |
Stated capital |
Hedging reserve |
Insurance reserve |
Exchange equalisation reserve |
Retained earnings |
Minority interest |
Total |
|
|
|
|
|
|
|
|
|
| Group |
|
|
|
|
|
|
|
|
| Year ended 31 December 2007 |
| Balance at 1 January 2007 |
|
18,049 |
(236) |
183 |
– |
19,870 |
– |
37,866 |
| Hedging reserve |
30 |
|
|
|
|
|
|
|
- foreign currency
translation differences |
|
– |
(17) |
– |
– |
– |
– |
(17) |
| - charged to income statement |
|
– |
195 |
– |
– |
– |
– |
195 |
| Insurance reserve |
|
|
|
|
|
|
|
|
| - charged to income statement |
27 |
– |
– |
21 |
– |
– |
– |
21 |
|
|
|
|
|
|
|
|
|
| Dividend for 2006 |
14 |
– |
– |
– |
– |
(1,805) |
– |
(1,805) |
| Net profit for the year 2007 |
|
– |
– |
– |
– |
5,640 |
– |
5,640 |
| Balance at 31 December 2007 |
|
18,049 |
(58) |
204 |
– |
23,705 |
– |
41,900 |
|
|
|
|
|
|
|
|
|
| Year ended 31 December 2008 |
|
|
|
|
|
|
|
|
| Balance at 1 January 2008 |
|
18,049 |
(58) |
204 |
– |
23,705 |
– |
41,900 |
| Hedging reserve |
30 |
|
|
|
|
|
|
|
- foreign currency
translation differences |
|
– |
(4) |
– |
– |
– |
– |
(4) |
| - charged to income statement Insurance reserve |
|
– |
30 |
– |
– |
– |
– |
30 |
| |
|
|
|
|
|
|
|
|
| - charged to income statement |
27 |
– |
– |
32 |
– |
– |
– |
32 |
Effect of movement in foreign
exchange rates |
|
– |
– |
– |
1 |
– |
– |
1 |
Minority interest arising on
business combination |
34 |
– |
– |
– |
– |
– |
34 |
34 |
| Dividend for 2007 |
14 |
– |
– |
– |
– |
(1,805) |
– |
(1,805) |
| Net profit/(loss) for the year 2008 |
|
– |
– |
– |
– |
7,370 |
(3) |
7,367 |
| Balance at 31 December 2008 |
|
18,049 |
(32) |
236 |
1 |
29,270 |
31 |
47,555 |
The Notes on pages 77 to 118 form an integral part of these financial statements.
(All amounts in Sri Lanka Rupees millions)
For the year ended 31 December 2008 |
| |
Notes |
Stated
capital |
Hedging
reserve |
Insurance
reserve |
Retained
earnings |
Total |
| Company |
|
|
|
|
|
|
| Year ended 31 December 2007 |
| Balance at 1 January 2007 |
|
18,049 |
(236) |
183 |
22,705 |
40,701 |
| Hedging reserve |
30 |
|
|
|
|
|
- foreign currency
translation differences |
|
– |
(17) |
– |
– |
(17) |
| - charged to income statement |
|
– |
195 |
– |
– |
195 |
| Insurance reserve |
|
|
|
|
|
|
| - charged to income statement |
27 |
– |
– |
21 |
– |
21 |
| Dividend for 2006 |
14 |
– |
– |
– |
(1,805) |
(1,805) |
| Net profit for the year 2007 |
|
– |
– |
– |
5,388 |
5,388 |
| Balance at 31 December 2007 |
|
18,049 |
(58) |
204 |
26,288 |
44,483 |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Year ended 31 December 2008 |
|
|
|
|
|
|
| Balance at 1 January 2008 |
|
18,049 |
(58) |
204 |
26,288 |
44,483 |
| Hedging reserve |
30 |
|
|
|
|
|
| - foreign currency |
|
|
|
|
|
|
| translation differences |
|
– |
(4) |
– |
– |
(4) |
| - charged to income statement |
|
– |
30 |
– |
– |
30 |
|
|
|
|
|
|
|
| Insurance reserve |
|
|
|
|
|
|
| - charged to income statement |
27 |
– |
– |
32 |
– |
32 |
| Dividend for 2007 |
14 |
– |
– |
– |
(1,805) |
(1,805) |
| Net profit for the year 2008 |
|
– |
– |
– |
6,601 |
6,601 |
| Balance at 31 December 2008 |
|
18,049 |
(32) |
236 |
31,084 |
49,337 |
|
|
|
|
|
|
|
The Notes on pages 77 to 118 form an integral part of these financial statements. |
