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Investor Presentaiton

CAT THE INSTITUTE OF CHARTERED ACCOUNTANTS OF SRI LANKA LKAS 1-Presentation of Financial Statements 27th June 2012 STATEMENT OF CHANGES IN EQUITY Owners are holders of instruments classified as equity In the Statement of changes in equity • Total comprehensive income for the period, showing separately the total amounts attributable to owners of the parent and to non-controlling interests For each component of equity, the effects of retrospective application or retrospective restatement recognised in accordance with LKAS 8 For each component of equity, a reconciliation between the carrying amount at the beginning and the end of the period, separately disclosing changes resulting from I. II. III. profit or loss each item of other comprehensive income transactions with owners in their capacity as owners, showing separately contributions by and distributions to owners and changes in ownership interests in subsidiaries that do not result in a loss of control An entity shall present, either in the statement of changes in equity or in the notes, the amount of dividends recognised as distributions to owners during the period, and the related amount per share. CAT THE INSTITUTE OF CHARTERED ACCOUNTANTS OF SRI LANKA LKAS 1- Presentation of Financial Statements 27th June 2012 STATEMENT OF CHANGES IN EQUITY • Scope of the Presentation 27 • The standard requires an entity to provide a reconciliation of changes in each components of equity. With the introduction of improvements to IFRS issued in May 2010, an entity may present the required reconciliations for each components of other comprehensive income either in the statement of changes in equity or in the notes to the financial statements Components of equity includes, each class of contributed equity, the accumulated balance of each class of other comprehensive income and retained earnings. Statement of Other Comprehensive Income and the Statement of Changes in Equity Scope of the Presentation. 28 14
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