Statutory reserve	Other reserves
	Stated capital LKR ’000	Reserve fund LKR ’000	Fair value reserve LKR ’000	Hedging reserve LKR ’000	General reserve LKR ’000	Retained earnings LKR ’000	Total equity LKR ’000
Bank
Balance as at 1 January 2020	7,530,371	2,461,968	5,704,644	(225,389)	13,779,839	18,228,086	47,479,519
Profit for the year	–	–	–	–	–	2,388,035	2,388,035
Other comprehensive income/(expenses), net of tax	–	–	306,180	1,294	–	(64,063)	243,411
Total comprehensive income for the year	–	–	306,180	1,294	–	2,323,972	2,631,446
Transfers	–	122,000	–	–	–	(122,000)	–
Transfer of gains/(losses) on disposal/write-off of equity investments at fair value through other comprehensive income to retained earnings	–	–	(128,013)	–	–	128,013	–
Transactions with equity holders of the Bank, recognised directly in equity
Forfeiture of unclaimed dividends	–	–	–	–	–	6,664	6,664
Final dividend for 2019 – Scrip	152,094	–	–	–	–	(152,094)	–
Final dividend for 2019 – Cash	–	–	–	–	–	(760,472)	(760,472)
Total contributions from and distribution to equity holders	152,094	–	–	–	–	(905,902)	(753,808)
Balance as at 31 December 2020	7,682,465	2,583,968	5,882,811	(224,095)	13,779,839	19,652,169	49,357,157
Balance as at 1 January 2021	7,682,465	2,583,968	5,882,811	(224,095)	13,779,839	19,652,169	49,357,157
Profit for the year	–	–	–	–	–	3,221,863	3,221,863
Other comprehensive expenses, net of tax	–	–	(3,441,924)	(105,347)	–	(55,184)	(3,602,455)
Total comprehensive (expenses)/income for the year	–	–	(3,441,924)	(105,347)	–	3,166,679	(380,592)
Transfers	–	163,000	–	–	–	(163,000)	–
Transfer of gains/(losses) on disposal/write-off of equity investments at fair value through other comprehensive income to retained earnings	–	–	(344,260)	–	–	344,260	–
Transactions with equity holders of the Bank, recognised directly in equity
Forfeiture of unclaimed dividends	–	–	–	–	–	9,533	9,533
Final dividend for 2020 – Scrip	917,992	–	–	–	–	(917,992)	–
Total contributions from and distribution to equity holders	917,992	–	–	–	–	(908,459)	9,533
Balance as at 31 December 2021	8,600,457	2,746,968	2,096,627	(329,442)	13,779,839	22,091,649	48,986,098

The notes to the financial statements from pages 179 to 309 form part of these financial statements.

	Attributable to the equity holders of the Bank
		Statutory reserves	Other reserves
	Stated capital LKR ’000	Reserve fund LKR ’000	Fair value reserve LKR ’000	Exchange equalisation reserve LKR ’000	Hedging reserve LKR ’000	General reserve LKR ’000	Retained earnings LKR ’000	Total LKR ’000	Non- controlling interests LKR ’000	Total LKR ’000
Group
Balance as at 1 January 2020	7,530,371	2,461,968	4,260,073	78,377	(225,389)	13,779,839	21,278,288	49,163,527	262,965	49,426,492
Profit for the year	–	–	–	–	–	–	2,744,961	2,744,961	101,824	2,846,785
Other comprehensive income/(expenses), net of tax	–	–	307,786	24,677	1,294	–	(62,276)	271,481	(300)	271,181
Total comprehensive income for the year	–	–	307,786	24,677	1,294	–	2,682,685	3,016,442	101,524	3,117,966
Transfers	–	122,000	–	–	–	–	(122,000)	–	–	–
Transfer of gains/(losses) on disposal/write-off of equity investments at fair value through other comprehensive income to retained earnings	–	–	(128,013)	–	–	–	128,013	–	–	–
Transactions with equity holders of the Bank, recognised directly in equity
Forfeiture of unclaimed dividends	–	–	–	–	–	–	6,664	6,664	–	6,664
Final dividend 2019 – Scrip	152,094	–	–	–	–	–	(152,094)	–	–	–
Final dividend 2019 – Cash							(760,472)	(760,472)		(760,472)
Dividend distributed to non-controlling interest by subsidiaries	–	–	–	–	–	–	–	–	(81,900)	(81,900)
Total contributions from and distribution to equity holders	152,094	–	–	–	–	–	(905,902)	(753,808)	(81,900)	(835,708)
Balance as at 31 December 2020	7,682,465	2,583,968	4,439,846	103,054	(224,095)	13,779,839	23,061,084	51,426,161	282,589	51,708,750
Balance as at 1 January 2021	7,682,465	2,583,968	4,439,846	103,054	(224,095)	13,779,839	23,061,084	51,426,161	282,589	51,708,750
Profit for the year	–	–	–	–	–	–	3,548,938	3,548,938	116,173	3,665,111
Other comprehensive (expenses)/income, net of tax	–	–	(3,440,331)	60,147	(105,347)	–	(51,234)	(3,536,765)	296	(3,536,469)
Total comprehensive (expense)/income for the year	–	–	(3,440,331)	60,147	(105,347)	–	3,497,704	12,173	116,469	128,642
Transfers	–	163,000	–	–	–	–	(163,000)	–	–	–
Transfer of gains/(losses) on disposal/write-off of equity investments at fair value through other comprehensive income to retained earnings	–	–	(344,260)	–	–	–	344,260	–	–	–
Transactions with equity holders of the Bank, recognised directly in equity
Forfeiture of unclaimed dividends	–	–	–	–	–	–	9,533	9,533	–	9,533
Final dividend for 2020 – Scrip	917,992	–	–	–	–	–	(917,992)	–	–	–
Dividend distributed to non-controlling interest by subsidiaries	–	–	–	–	–	–	–	–	(81,900)	(81,900)
Total contributions from and distribution to equity holders	917,992	–	–	–	–	–	(908,459)	9,533	(81,900)	(72,367)
Balance as at 31 December 2021	8,600,457	2,746,968	655,255	163,201	(329,442)	13,779,839	25,831,589	51,447,867	317,158	51,765,025

The notes to the financial statements from pages 179 to 309 form part of these financial statements.

The Statement of Cash Flows of the Bank includes the results of associate, joint venture and subsidiary companies only to the extent of the cash flows between Bank and respective companies as required by Sri Lanka Accounting Standards.