Statement of Changes in Equity – Bank

					Other reserves
		Stated capital	Statutory reserve fund	Retained earnings	Revaluation reserve	Available- for-sale reserve	Foreign currency translation reserve	Hedging reserve	General reserve	Employee share option reserve	Total equity
	Note	Rs. ’000	Rs. ’000	Rs. ’000	Rs. ’000	Rs. ’000	Rs. ’000	Rs. ’000	Rs. ’000	Rs. ’000	Rs. ’000
Balance as at January 1, 2016		23,254,605	4,922,264	4,388,867	5,722,859	(3,955,367)	424,768	–	35,359,478	223,330	70,340,804
Total comprehensive income for the year 2016
Profit for the year		–	–	14,512,511	–	–	–	–	–	–	14,512,511
Other comprehensive income, net of tax		–	–	139,763	–	(3,253,429)	414,578	–	–	–	(2,699,088)
Net actuarial gains/(losses) on defined benefit plans		–	–	139,763	–	–	–	–	–	–	139,763
Net fair value gains/(losses) on remeasuring financial investments – Available for sale		–	–	–	–	(3,253,429)	–	–	–	–	(3,253,429)
Net gains/(losses) arising from translating the Financial Statements of the foreign operation		–	–	–	–	–	414,578	–	–	–	414,578
Total comprehensive income for the year 2016		–	–	14,652,274	–	(3,253,429)	414,578	–	–	–	11,813,423
Transactions with owners, recognised directly in equity, contributions and distributions to owners
Issue of ordinary shares under Employee Share Option Plan	53	144,804	–	–	–	–	–	–	–	–	144,804
Dividends to equity holders		1,578,594	–	(5,720,913)	–	–	–	–	–	–	(4,142,319)
Final cash dividend for 2015		–	–	(2,630,991)	–	–	–	–	–	–	(2,630,991)
Final dividend for 2015 satisfied in the form of issue and allotment of new shares	53	1,578,594	–	(1,753,994)	–	–	–	–	–	–	(175,400)
First interim dividend for 2016	24	–	–	(1,335,928)	–	–	–	–	–	–	(1,335,928)
Share-based payment transactions (net)	57.5	–	–	–	–	–	–	–	–	196,952	196,952
Transfers during the year	55 & 57	–	725,626	(8,856,151)	–	–	–	–	8,130,525	–	–
Total transactions with equity holders		1,723,398	725,626	(14,577,064)	–	–	–	–	8,130,525	196,952	(3,800,563)
Balance as at January 1, 2017		24,978,003	5,647,890	4,464,077	5,722,859	(7,208,796)	839,346	–	43,490,003	420,282	78,353,664
Total comprehensive income for the year 2017
Profit for the year		–	–	16,581,244	–	–	–	–	–	–	16,581,244
Other comprehensive income, net of tax		–	–	(529,902)	1,396,663	5,501,302	(525,093)	(3,212)	–	–	5,839,758
Net actuarial gains/(losses) on defined benefit plans		–	–	(529,902)	–	–	–	–	–	–	(529,902)
Net change in revaluation surplus		–	–	–	1,396,663	–	–	–	–	–	1,396,663
Net fair value gains/(losses) on remeasuring financial investments – Available for sale		–	–	–	–	5,501,302	–	–	–	–	5,501,302
Net gains/(losses) arising from translating the Financial Statements of the foreign operation		–	–	–	–	–	(525,093)	–	–	–	(525,093)
Cash flow hedges – effective portion of changes in fair value, net of tax		–	–	–	–	–	–	(3,212)	–	–	(3,212)
Total comprehensive income for the year 2017		–	–	16,051,342	1,396,663	5,501,302	(525,093)	(3,212)	–	–	22,421,002
Transactions with owners, recognised directly in equity, contributions and distributions to owners
Proceeds from Rights issue of ordinary shares		10,143,872	–	–	–	–	–	–	–	–	10,143,872
Issue of ordinary shares under Employee Share Option Plans	53	415,117	–	–	–	–	–	–	–	–	415,117
Dividends to equity holders		1,606,549	–	(5,955,851)	–	–	–	–	–	–	(4,349,302)
Second interim dividend for 2016	24	–	–	(2,674,799)	–	–	–	–	–	–	(2,674,799)
Final cash dividend for 2016		–	–	–	–	–	–	–	–	–	–
Final dividend for 2016 satisfied in the form of issue and allotment of new shares	53	1,606,549	–	(1,785,054)	–	–	–	–	–	–	(178,505)
Dividend paid in respect of previous years		–	–	(2,279)	–	–	–	–	–	–	(2,279)
First interim dividend for 2017	24	–	–	(1,493,719)	–	–	–	–	–	–	(1,493,719)
Share-based payment transactions (net)	57.5	–	–	–	–	–	–	–	–	109,535	109,535
Revaluation gain on disposal of freehold land and building		–	–	36,940	(31,468)	–	–	–	–	–	5,472
Transfers during the year	55 & 57	–	829,062	(9,609,062)	–	–	–	–	8,780,000	–	–
Total transactions with equity holders		12,165,538	829,062	(15,527,973)	(31,468)	–	–	–	8,780,000	109,535	6,324,694
Balance as at December 31, 2017		37,143,541	6,476,952	4,987,446	7,088,054	(1,707,494)	314,253	(3,212)	52,270,003	529,817	107,099,360

The Notes appearing on this Annual Report form an integral part of these Financial Statements.