Statement of Changes in Equity
| Statutory Reserves | Other Reserves | |||||||||||
| Stated Capital |
Statutory Reserve Fund |
Primary Dealer Special Risk Reserve |
Retained Earnings |
Revaluation Reserve |
Available- for-Sale Reserve |
Foreign Currency Translation Reserve |
Investment Fund Account |
General Reserve |
Shareholders’ Funds |
Non- Controlling Interest |
Total Equity |
|
| Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | |
| Group | ||||||||||||
| Balance as at 01.01.2012 | 16,473,861 | 2,740,901 | 149,404 | 2,588,194 | 4,550,836 | (143,969) | (1,303,646) | 1,194,328 | 17,889,471 | 44,139,380 | 29,589 | 44,168,969 |
| Total comprehensive income for the year 2012 | ||||||||||||
| Profit for the year | – | – | – | 10,079,829 | – | – | – | – | – | 10,079,829 | 1,338 | 10,081,167 |
| Other comprehensive income, net of tax | – | – | – | (28,967) | 186,289 | 619,436 | 548,545 | – | – | 1,325,303 | 3,753 | 1,329,056 |
| Total comprehensive income for the year 2012 | – | – | – | 10,050,862 | 186,289 | 619,436 | 548,545 | – | – | 11,405,132 | 5,091 | 11,410,223 |
| Transactions with owners, recorded directly in equity contributions and distributions to owners | ||||||||||||
| Issue of ordinary shares under employee share option plans [Refer Note 43] | 62,942 | – | – | – | – | – | – | – | – | 62,942 | – | 62,942 |
| Dividends to equity holders | ||||||||||||
| Final cash dividend for 2011 | – | – | – | (1,226,661) | – | – | – | – | – | (1,226,661) | (1,308) | (1,227,969) |
| Final dividend for 2011 satisfied in the form of issue and allotment of new shares | 1,471,993 | – | – | (1,635,548) | – | – | – | – | – | (163,555) | – | (163,555) |
| Interim dividends for 2012 [Refer Note 17] | – | – | – | (1,250,161) | – | – | – | – | – | (1,250,161) | (1,308) | (1,251,469) |
| Write-back of dividend payable | – | – | – | 1,343 | – | – | – | – | – | 1,343 | 77 | 1,420 |
| Transfers during the year [Refer Notes 44 and 46] | – | 504,917 | 38,173 | (4,355,215) | – | – | – | 1,652,607 | 2,159,518 | – | – | – |
| Total transactions with equity holders | 1,534,935 | 504,917 | 38,173 | (8,466,242) | – | – | – | 1,652,607 | 2,159,518 | (2,576,092) | (2,539) | (2,578,631) |
| Balance as at 31.12.2012 | 18,008,796 | 3,245,818 | 187,577 | 4,172,814 | 4,737,125 | 475,467 | (755,101) | 2,846,935 | 20,048,989 | 52,968,420 | 32,141 | 53,000,561 |
| Total comprehensive income for the year 2013 | ||||||||||||
| Profit for the year | – | – | – | 10,563,378 | – | – | – | – | – | 10,563,378 | 10,079 | 10,573,457 |
| Other comprehensive income, net of tax | – | – | – | (21,421) | (121,178) | 1,576,968 | 361,343 | – | – | 1,795,712 | 12 | 1,795,724 |
| Total comprehensive income for the year 2013 | – | – | – | 10,541,957 | (121,178) | 1,576,968 | 361,343 | – | – | 12,359,090 | 10,091 | 12,369,181 |
| Transactions with owners, recorded directly in equity contributions and distributions to owners | ||||||||||||
| Issue of ordinary shares under employee share option plans [Refer Note 43] | 76,074 | – | – | – | – | – | – | – | – | 76,074 | – | 76,074 |
| Dividends to equity holders | ||||||||||||
| Second interim dividend for 2012 [Refer Note 17] | – | – | – | (833,609) | – | – | – | – | – | (833,609) | – | (833,609) |
| Final cash dividend for 2012 | – | – | – | (1,668,826) | – | – | – | – | – | (1,668,826) | (1,308) | (1,670,134) |
| Final dividend for 2012 satisfied in the form of issue and allotment of new shares | 1,501,943 | – | – | (1,668,826) | – | – | – | – | – | (166,883) | – | (166,883) |
| First interim dividend for 2013 [Refer Note 17] | – | – | – | (1,273,491) | – | – | – | – | – | (1,273,491) | (1,308) | (1,274,799) |
| Deferred tax effect on pre-acquisition reserves | – | – | – | (14,547) | – | – | – | – | – | (14,547) | (838) | (15,385) |
| Re-classification of retained earnings to available-for-sale reserve | – | – | – | 28,967 | – | (28,967) | – | – | – | – | – | – |
| Transfers during the year [Refer Notes 44 and 46] | – | 522,276 | 78,943 | (4,924,807) | – | – | – | 1,991,758 | 2,331,830 | – | – | – |
| Total transactions with equity holders | 1,578,017 | 522,276 | 78,943 | (10,355,139) | – | (28,967) | – | 1,991,758 | 2,331,830 | (3,881,282) | (3,454) | (3,884,736) |
| Balance as at 31.12.2013 | 19,586,813 | 3,768,094 | 266,520 | 4,359,632 | 4,615,947 | 2,023,468 | (393,758) | 4,838,693 | 22,380,819 | 61,446,228 | 38,778 | 61,485,006 |
| Bank | ||||||||||||
| Balance as at 01.01.2012 | 16,473,861 | 2,740,901 | 149,404 | 2,547,336 | 4,222,054 | (143,969) | (1,308,721) | 1,194,328 | 17,889,471 | 43,764,665 | – | 43,764,665 |
| Total comprehensive income for the year 2012 | ||||||||||||
| Profit for the year | – | – | – | 10,098,329 | – | – | – | – | – | 10,098,329 | – | 10,098,329 |
| Other comprehensive income, net of tax | – | – | – | – | 121,178 | 619,436 | 550,827 | – | – | 1,291,441 | – | 1,291,441 |
| Total comprehensive income for the year 2012 | – | – | – | 10,098,329 | 121,178 | 619,436 | 550,827 | – | – | 11,389,770 | – | 11,389,770 |
| Transactions with owners, recorded directly in equity contributions and distributions to owners | ||||||||||||
| Issue of ordinary shares under employee share option plans [Refer Note 43] | 62,942 | – | – | – | – | – | – | – | – | 62,942 | – | 62,942 |
| Dividends to equity holders | ||||||||||||
| Final cash dividend for 2011 | – | – | – | (1,226,661) | – | – | – | – | – | (1,226,661) | – | (1,226,661) |
| Final dividend for 2011 satisfied in the form of issue and allotment of new shares | 1,471,993 | – | – | (1,635,548) | – | – | – | – | – | (163,555) | – | (163,555) |
| Interim dividends for 2012 [Refer Note 17] | – | – | – | (1,250,161) | – | – | – | – | – | (1,250,161) | – | (1,250,161) |
| Transfers during the year [Refer Notes 44 and 46] | – | 504,917 | 38,173 | (4,355,215) | – | – | – | 1,652,607 | 2,159,518 | – | – | – |
| Total transactions with equity holders | 1,534,935 | 504,917 | 38,173 | (8,467,585) | – | – | – | 1,652,607 | 2,159,518 | (2,577,435) | – | (2,577,435) |
| Balance as at 31.12.2012 | 18,008,796 | 3,245,818 | 187,577 | 4,178,080 | 4,343,232 | 475,467 | (757,894) | 2,846,935 | 20,048,989 | 52,577,000 | – | 52,577,000 |
| Total comprehensive income for the year 2013 | ||||||||||||
| Profit for the year | – | – | – | 10,445,511 | – | – | – | – | – | 10,445,511 | – | 10,445,511 |
| Other comprehensive income, net of tax | – | – | – | (20,668) | (121,178) | 1,579,100 | 350,969 | – | – | 1,788,223 | – | 1,788,223 |
| Total comprehensive income for the year 2013 | – | – | – | 10,424,843 | (121,178) | 1,579,100 | 350,969 | – | – | 12,233,734 | – | 12,233,734 |
| Transactions with owners, recorded directly in equity contributions and distributions to owners | ||||||||||||
| Issue of ordinary shares under employee share option plans [Refer Note 43] | 76,074 | – | – | – | – | – | – | – | – | 76,074 | – | 76,074 |
| Dividends to equity holders | ||||||||||||
| Second interim dividend for 2012 [Refer Note 17] | – | – | – | (833,609) | – | – | – | – | – | (833,609) | – | (833,609) |
| Final cash dividend for 2012 | – | – | – | (1,668,826) | – | – | – | – | – | (1,668,826) | – | (1,668,826) |
| Final dividend for 2012 satisfied in the form of issue and allotment of new shares | 1,501,943 | – | – | (1,668,826) | – | – | – | – | – | (166,883) | – | (166,883) |
| First interim dividend for 2013 [Refer Note 17] | – | – | – | (1,273,491) | – | – | – | – | – | (1,273,491) | – | (1,273,491) |
| Transfers during the year [Refer Notes 44 and 46] | – | 522,276 | 78,943 | (4,924,807) | – | – | – | 1,991,758 | 2,331,830 | – | – | – |
| Total transactions with equity holders | 1,578,017 | 522,276 | 78,943 | (10,369,559) | – | – | – | 1,991,758 | 2,331,830 | (3,866,735) | – | (3,866,735) |
| Balance as at 31.12.2013 | 19,586,813 | 3,768,094 | 266,520 | 4,233,364 | 4,222,054 | 2,054,567 | (406,925) | 4,838,693 | 22,380,819 | 60,943,999 | – | 60,943,999 |
| Statutory Reserves | Other Reserves | |||||||||||
| Stated Capital |
Statutory Reserve Fund |
Primary Dealer Special Risk Reserve |
Retained Earnings |
Revaluation Reserve |
Available- for-Sale Reserve |
Foreign Currency Translation Reserve |
Investment Fund Account |
General Reserve |
Shareholders Funds |
Non- Controlling Interest |
Total Equity |
|
| Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | Rs. ’000 | |
| Bank | ||||||||||||
| Balance as at 01.01.2012 | 16,473,861 | 2,740,901 | 149,404 | 2,547,336 | 4,222,054 | (143,969) | (1,308,721) | 1,194,328 | 17,889,471 | 43,764,665 | – | 43,764,665 |
| Total comprehensive income for the year 2012 | ||||||||||||
| Profit for the year | – | – | – | 10,098,329 | – | – | – | – | – | 10,098,329 | – | 10,098,329 |
| Other comprehensive income, net of tax | – | – | – | – | 121,178 | 619,436 | 550,827 | – | – | 1,291,441 | – | 1,291,441 |
| Total comprehensive income for the year 2012 | – | – | – | 10,098,329 | 121,178 | 619,436 | 550,827 | – | – | 11,389,770 | – | 11,389,770 |
| Transactions with owners, recorded directly in equity contributions and distributions to owners | ||||||||||||
| Issue of ordinary shares under employee share option plans [Refer Note 43] | 62,942 | – | – | – | – | – | – | – | – | 62,942 | – | 62,942 |
| Dividends to equity holders | ||||||||||||
| Final cash dividend for 2011 | – | – | – | (1,226,661) | – | – | – | – | – | (1,226,661) | – | (1,226,661) |
| Final dividend for 2011 satisfied in the form of issue and allotment of new shares | 1,471,993 | – | – | (1,635,548) | – | – | – | – | – | (163,555) | – | (163,555) |
| Interim dividends for 2012 [Refer Note 17] | – | – | – | (1,250,161) | – | – | – | – | – | (1,250,161) | – | (1,250,161) |
| Transfers during the year [Refer Notes 44 and 46] | – | 504,917 | 38,173 | (4,355,215) | – | – | – | 1,652,607 | 2,159,518 | – | – | – |
| Total transactions with equity holders | 1,534,935 | 504,917 | 38,173 | (8,467,585) | – | – | – | 1,652,607 | 2,159,518 | (2,577,435) | – | (2,577,435) |
| Balance as at 31.12.2012 | 18,008,796 | 3,245,818 | 187,577 | 4,178,080 | 4,343,232 | 475,467 | (757,894) | 2,846,935 | 20,048,989 | 52,577,000 | – | 52,577,000 |
| Total comprehensive income for the year 2013 | ||||||||||||
| Profit for the year | – | – | – | 10,445,511 | – | – | – | – | – | 10,445,511 | – | 10,445,511 |
| Other comprehensive income, net of tax | – | – | – | (20,668) | (121,178) | 1,579,100 | 350,969 | – | – | 1,788,223 | – | 1,788,223 |
| Total comprehensive income for the year 2013 | – | – | – | 10,424,843 | (121,178) | 1,579,100 | 350,969 | – | – | 12,233,734 | – | 12,233,734 |
| Transactions with owners, recorded directly in equity contributions and distributions to owners | ||||||||||||
| Issue of ordinary shares under employee share option plans [Refer Note 43] | 76,074 | – | – | – | – | – | – | – | – | 76,074 | – | 76,074 |
| Dividends to equity holders | ||||||||||||
| Second interim dividend for 2012 [Refer Note 17] | – | – | – | (833,609) | – | – | – | – | – | (833,609) | – | (833,609) |
| Final cash dividend for 2012 | – | – | – | (1,668,826) | – | – | – | – | – | (1,668,826) | – | (1,668,826) |
| Final dividend for 2012 satisfied in the form of issue and allotment of new shares | 1,501,943 | – | – | (1,668,826) | – | – | – | – | – | (166,883) | – | (166,883) |
| First interim dividend for 2013 [Refer Note 17] | – | – | – | (1,273,491) | – | – | – | – | – | (1,273,491) | – | (1,273,491) |
| Transfers during the year [Refer Notes 44 and 46] | – | 522,276 | 78,943 | (4,924,807) | – | – | – | 1,991,758 | 2,331,830 | – | – | – |
| Total transactions with equity holders | 1,578,017 | 522,276 | 78,943 | (10,369,559) | – | – | – | 1,991,758 | 2,331,830 | (3,866,735) | – | (3,866,735) |
| Balance as at 31.12.2013 | 19,586,813 | 3,768,094 | 266,520 | 4,233,364 | 4,222,054 | 2,054,567 | (406,925) | 4,838,693 | 22,380,819 | 60,943,999 | – | 60,943,999 |