Alliance Finance Company PlcCSELK: ALLI.N0000

Interim financial statement 30/09/2024

Nov 11, 2024 at 11:06 AM UTC · MarketScreener

Financial Statements

For the Six Months Ended 30th September 2024

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sustainability integration to the business.

Alliance Finance Company PLC

Statement of Profit or Loss - Company

For the period ended 30th September

	For the Quarter ended			For the Six months ended
	2024	2023			2024	2023
	(unaudited)	(unaudited)	Variance		(unaudited)	(unaudited)	Variance
	Rs.	Rs.	%		Rs.	Rs.	%
Gross Income	3,836,986,343	3,414,281,297	12		7,494,686,154	6,595,693,371	14
Interest income	3,604,124,087	3,226,251,410	12		7,044,031,770	6,291,289,728	12
Interest expenses	(1,589,983,581)	(1,879,869,781)	15		(3,186,782,470)	(3,919,456,641)	19
Net Interest Income	2,014,140,506	1,346,381,629	50		3,857,249,300	2,371,833,087	63
Fee and Commission Income	106,329,371	74,134,032	43		196,928,092	135,296,052	46
Net gain/(loss) from trading	13,545,708	5,673,022	139		44,530,160	10,860,859	310
Other operating income (net)	112,987,177	108,222,833	4		209,196,132	158,246,732	32
Total Operating Income	2,247,002,762	1,534,411,516	46		4,307,903,684	2,676,236,730	61
Impairment (charges) / reversal for
loans and other losses	(174,282,710)	(146,453,907)	(19)		(386,029,606)	(288,033,105)	(34)
Net Operating Income	2,072,720,052	1,387,957,609	49		3,921,874,078	2,388,203,625	64
Operating Expenses
Personnel expenses	(498,110,041)	(385,724,289)	(29)		(1,001,003,804)	(716,585,213)	(40)
Other operating expenses	(702,966,826)	(543,537,996)	(29)		(1,339,037,192)	(996,437,532)	(34)
Depreciation and amortization	(52,721,082)	(41,354,722)	(27)		(102,800,346)	(82,439,755)	(25)
Total operating expenses	(1,253,797,949)	(970,617,007)	(29)		(2,442,841,342)	(1,795,462,500)	(36)
Operating Profit before Taxes on
Financial Services	818,922,103	417,340,602	96		1,479,032,736	592,741,125	150
Taxes on financial services	(208,323,293)	(153,072,416)	(36)		(411,821,718)	(216,261,135)	(90)
Operating Profit after Taxes on
Financial Services	610,598,810	264,268,186	131		1,067,211,018	376,479,990	183
Share of profit/(loss) from associate	6,189,129	5,214,510	19		15,722,674	9,735,718	61
Profit before Taxation from
Operations	616,787,939	269,482,696	129		1,082,933,692	386,215,708	180
Provision for income taxation	(294,182,725)	(126,041,797)	(133)		(513,271,099)	(177,659,226)	(189)
Profit for the Period	322,605,214	143,440,899	125		569,662,594	208,556,482	173
Basic/ Diluted earnings per share	38.30	17.03			33.81	12.38
(Annualised)

Dividend Per Share paid	8.40	5.00			8.40	5.00

Alliance Finance Company PLC

Statement of Profit or Loss - Group

For the period ended 30th September
	For the Quarter ended			For the Six months ended
	2024	2023			2024	2023
	(unaudited)		(unaudited)	Variance		(unaudited)	(unaudited)	Variance
	Rs.		Rs.	%		Rs.	Rs.	%
Gross Income	3,890,200,105	3,443,820,569	13		7,588,869,860	6,651,948,839	14
Interest income	3,612,004,434	3,230,064,855	12		7,059,281,076	6,298,942,755	12
Interest expenses	(1,590,023,603)		(1,875,442,457)	15		(3,186,825,604)	(3,909,496,730)	18
Net Interest Income	2,021,980,831	1,354,622,398	49		3,872,455,472	2,389,446,025	62
Fee and commission income	146,570,947	94,321,917	55		267,817,248	176,771,782	52
Net gain/(loss) from trading	16,484,562	6,887,527	139		48,134,542	11,066,141	335
Other operating income (net)	115,140,162		112,546,270	2		213,636,994	165,168,161	29
Total Operating Income	2,300,176,502	1,568,378,112	47		4,402,044,256	2,742,452,109	61
Impairment (charges) / reversal for
loans and other losses	(174,282,710)		(146,453,907)	(19)		(386,029,604)	(288,033,105)	(34)
Net Operating Income	2,125,893,792	1,421,924,205	50		4,016,014,652	2,454,419,004	64
Operating Expenses
Personnel expenses	(502,529,786)	(389,563,506)	(29)		(1,010,541,087)	(724,169,937)	(40)
Other operating expenses	(716,857,462)	(546,401,272)	(31)		(1,361,185,705)	(1,001,818,868)	(36)
Depreciation and amortization	(52,798,157)		(41,525,209)	(27)		(103,034,133)	(82,780,728)	(24)
Total operating expenses	(1,272,185,405)	(977,489,987)	(30)		(2,474,760,925)	(1,808,769,533)	(37)
Operating Profit before Taxes on
Financial Services	853,708,387	444,434,218	92		1,541,253,727	645,649,471	139
Taxes on financial services	(208,323,293)	(153,072,416)	(36)		(411,821,718)	(216,261,135)	(90)
Operating Profit after Taxes on
Financial Services	645,385,094	291,361,802	122		1,129,432,009	429,388,336	163
Share of profit/(loss) from associates	6,189,129	5,214,510	19		15,722,674	9,735,718	61
Profit before Taxation from
Operations	651,574,223	296,576,312	120		1,145,154,683	439,124,054	161
Provision for income taxation	(303,575,384)	(134,166,954)	(126)		(532,403,550)	(193,508,719)	(175)
Profit for the Period	347,998,839		162,409,358	114		612,751,133	245,615,335	149
Profit attributable to :
Equity holders of the Company	338,841,898	155,569,331	118		597,213,406	232,251,912	157
Non controlling interest	9,156,941		6,840,027	34		15,537,727	13,363,423	16
Profit for the Period	347,998,839	162,409,358	114		612,751,133	245,615,335	149
Basic/ Diluted earnings per share
40.22	18.47			35.45	13.79
(Annualised)

Dividend Per Share paid	8.40	5.00			8.40	5.00

Alliance Finance Company PLC

Statement of Comprehensive Income - Company

For the period ended 30th September

Profit for the period

Other Comprehensive Income

Other Comprehensive Income not to be Reclassified to Profit or Loss

Equity investments at FVOCI -net change in fair value & realized profit/ (loss) to retained earnings

Net Other Comprehensive Income not be Classified to Profit or Loss

For the Quarter ended			For the Six months ended
2024	2023			2024	2023
(unaudited)	(unaudited)	Variance		(unaudited)	(unaudited)	Variance
Rs.	Rs.	%		Rs.	Rs.	%
322,605,214	143,440,899	125	569,662,594	208,556,482	173

(5,076,434)	7,217,828	170	4,354,912	19,054,333	77

(5,076,434)	7,217,828	170	4,354,912	19,054,333	77

Total Comprehensive Income for the period	317,528,780	150,658,727	111	574,017,506	227,610,815	152

Statement of Comprehensive Income - Group

For the period ended 30th September

	For the Quarter ended			For the Six months ended
	2024	2023			2024	2023
	(unaudited)		(unaudited)	Variance		(unaudited)	(unaudited)	Variance
	Rs.		Rs.	%		Rs.	Rs.	%
Profit for the period	347,998,839	162,409,358	114		612,751,133	245,615,335	149
Other Comprehensive Income
Other Comprehensive Income not to
be Reclassified to Profit or Loss
Equity investments at FVOCI -net change in
fair value & realized profit/ (loss) to	(5,076,434)	7,217,828	(170)		4,354,912	19,054,333	(77)
retained earnings
Net Other Comprehensive Income not
be Classified to Profit or Loss	(5,076,434)		7,217,828	(170)		4,354,912	19,054,333		(77)
Total Comprehensive Income for the	342,922,405	169,627,186			617,106,045	264,669,668
period
			102					133

Attributable to:
Equity holders of the company	333,765,465	162,787,159	105		601,568,318	251,306,245	139
Non controlling interest	9,156,940	6,840,027	34		15,537,727	13,363,423	16
Total Comprehensive Income for the
period	342,922,405		169,627,186	102		617,106,045	264,669,668		133

Alliance Finance Company PLC

Statement of Financial Position

		Company				Group
As at	30.09.2024	31.03.2024	Variance		30.09.2024	31.03.2024	Variance
	(unaudited)		(audited)			(unaudited)	(audited)
	Rs.		Rs.	%		Rs.	Rs.	%
Assets
Cash and cash equivalents	1,300,498,048	1,037,507,757	25		1,452,988,026	1,136,828,171	28
Repurchase agreements	400,104,114	962,606,909	(58)		400,104,114	962,606,909	(58)
Placements with banks & financial	3,091,827,238	3,246,352,935	(5)		3,246,931,514	3,383,898,083	(4)
institutions

Financial assets recognised through	6,283,804,653	3,508,968,758	79		6,283,804,653	3,508,968,758	79
profit or loss

Loans and advances - at amortised cost	29,886,211,213	23,506,870,064	27		29,886,211,213	23,506,870,064	27
Lease rentals receivable & stock out on	23,206,711,195	22,597,190,332	3		23,206,711,195	22,597,190,332	3
hire - at amortised cost

Financial assets- fair value through other	426,974,434	317,703,694			426,974,434	317,703,694
comprehensive income	34		34

Other trading stocks	114,297,893	85,653,478	33		114,297,893	85,653,478	33
Other financial assets	509,105,033	458,631,541	11		506,676,242	450,152,849	13
Other non financial assets	192,971,359	257,537,354	(25)		202,260,488	265,196,987	(24)
Investments in associates	126,054,858	110,332,180	14		144,207,225	128,484,547	12
Investments in subsidiaries	16,924,038	16,924,038	-		-	-	-
Investment property	187,680,000	187,680,000	-		295,680,000	295,680,000	0
Property, plant & equipment	3,305,253,614	3,202,649,652	3		3,305,402,320	3,202,950,925	3
Intangible assets	141,649,740	147,087,856	(4)		141,650,265	147,169,590	(4)
Right of use asset	377,623,882	356,347,453	6		377,623,881	356,347,453	6
Deferred tax assets	174,405,060		174,526,137	(0)		174,405,060	175,796,752	(1)
Total Assets	69,742,096,372	60,174,570,138	16		70,165,928,523	60,521,498,592	16
Liabilities
Due to banks	27,230,116,230	20,310,185,391	34		27,264,860,943	20,310,185,391	34
Due to depositors - at amortised cost	30,848,217,088	28,387,365,249	9		30,847,387,900	28,386,553,614	9
Other financial liabilities	1,283,061,160	1,129,788,584	14		1,312,001,173	1,159,602,656	13
Other non financial liabilities	122,304,283	219,237,671	(44)		122,304,283	219,237,671	(44)
Derivative financial liabilities	99,612	5,379,033	(98)		99,612	5,379,033	(98)
Income tax liabilities	778,973,134	928,513,196	(16)		790,283,841	938,772,455	(16)
Retirement benefit liabilities	2,109,530	52,103,008	(96)		6,526,138	56,338,393	(88)
Deferred tax liabilities	713,342,998	663,298,289	8		717,552,492	668,778,398	7
Lease Liability	369,744,691		349,669,731	6		369,744,692	349,669,731	6
Total Liabilities	61,347,968,726	52,045,540,152	18		61,430,761,074	52,094,517,342	18
Shareholders' Funds
Stated capital	613,980,000	613,980,000	-		613,980,000	613,980,000	-
Retained earnings	4,796,556,801	4,509,940,679	6		4,989,529,923	4,675,362,989	7
Reserves	2,983,590,845	3,005,109,307	(1)		2,983,590,845	3,005,109,307	(1)
Total Equity Attributable to Equity
Holders of the Company	8,394,127,646		8,129,029,986	3		8,587,100,768	8,294,452,296	4
Non controlling interest	-		-			148,066,681	132,528,954	12
Total Equity	8,394,127,646		8,129,029,986	3		8,735,167,449	8,426,981,250	4
Total Liabilities and Shareholders' Funds	69,742,096,372	60,174,570,138	16		70,165,928,523	60,521,498,592	16

Contingent Liabilities and Commitments	877,920,150	820,666,741			877,920,150	820,666,741
Net assets value per share (Rs.)	249	241			255	246

Accounting policies & notes to the accounts form an integral part of these Financial Statements.

Certification

I certify that these Financial Statements are presented in compliance with the requirements of the Companies Act No. 07 of 2007.

W.A.D.D. Tillekeratne	W.P.K Jayawardana	R.K.E.P. De Silva
Chief Financial Officer	Deputy Managing Director	Deputy Chairman & Managing Director
11-Nov-24
Colombo

Alliance Finance Company PLC

Statement of Changes in Equity

For the period ended 30th September

Company	Stated Capital	Statutory Reserve		Revaluation Reserve		General Reserve		FVOCI		Non Controlling	Retained Earnings	Total
	Fund								Interest

	Rs.	Rs.		Rs.		Rs.		Rs.		Rs.	Rs.	Rs.
Balance as at 1st April 2023 (Audited )	613,980,000	1,002,482,237	1,223,390,151	388,258,055	(31,969,924)	-	3,761,997,661	6,958,138,180
Profit for the period	-	-	-	-	-	-	208,556,482	208,556,482
Other comprehensive income, net of tax
Equity investments at FVOCI - net change in fair value &
Disposal profit	-	-	-	-	19,054,333	-	-	19,054,333
Transfer of realized profit on investment property disposal to											(12,237,747)
retained earnings	-	-	-	-	12,237,747	-	-

Dividend paid	-	-		-		-		-		-	(168,480,000)	(168,480,000)
Balances as at 30th September 2023	613,980,000	1,002,482,237	1,223,390,151	388,258,055	(677,844)	-	3,789,836,396	7,017,268,995

Balance as at 1st April 2024 (Audited )	613,980,000	1,048,326,205	1,593,798,551	388,258,055	(25,273,504)	-	4,509,940,679	8,129,029,986
Profit for the period	-	-	-	-	-	-	569,662,593	569,662,593
Other comprehensive income, net of tax
Equity investments at FVOCI - net change in fair value &
Disposal profit	-	-	-	-	4,354,912	-	-	4,354,912
Changes in revaluation reserve			(25,873,374)			-	-	-	(25,873,374)
Dividend Paid	-	-		-		-		-		-	(283,046,472)	(283,046,472)
Balances as at 30th September 2024	613,980,000	1,048,326,205		1,567,925,177		388,258,055		(20,918,592)		-	4,796,556,800	8,394,127,645

Statement of Changes in Equity

For the period ended 30th September

Group	Stated Capital	Statutory Reserve		Revaluation Reserve		General Reserve		FVOCI	Non Controlling	Retained Earnings	Total
		Fund							Interest
	Rs.	Rs.		Rs.		Rs.		Rs.	Rs.	Rs.	Rs.
Balance as at 1st April 2023 (Audited )	613,980,000	1,002,482,237	1,223,390,151	388,258,055	(31,969,924)	99,468,368	3,870,187,587	7,165,796,475
Profit for the period	-	-	-	-	-	13,363,423	232,251,912	245,615,335
Other comprehensive income, net of tax -
Equity investments at FVOCI - net change in fair value &
Disposal profit	-	-	-	-	19,054,333	-	-	19,054,333
Transfer of realized profit on investment property disposal to										(12,237,747)
retained earnings	-	-	-	-	12,237,747	-	-

Dividend paid	-	-		-		-		-	-	(168,480,000)	(168,480,000)
Balances as at 30th September 2023	613,980,000	1,002,482,237	1,223,390,151	388,258,055	(677,844)	112,831,791	3,921,721,752	7,261,986,143

Balance as at 1st April 2024 (Audited )	613,980,000	1,048,326,205	1,593,798,551	388,258,055	(25,273,504)	132,528,954	4,675,362,989	8,426,981,250
Profit for the period	-	-	-	-	-	15,537,727	597,213,406	612,751,133
Other comprehensive income, net of tax -
Equity investments at FVOCI - net change in fair value &
Disposal profit	-	-	-	-	4,354,912	-	-	4,354,912
Changes in revaluation reserve	-	-	(25,873,374)	-	-	-	-	(25,873,374)
Dividend Paid	-	-		-		-		-	-	(283,046,472)	(283,046,472)
Balances as at 30th September 2024	613,980,000	1,048,326,205	1,567,925,177	388,258,055	(20,918,592)	148,066,681	4,989,529,923	8,735,167,449
Figures in brackets indicate deductions.										(0)

Accounting policies & notes to accounts form an integral part of these Financial Statements.

Alliance Finance Company PLC

Statement of Cash Flows

	Company		Group
For the period ended 30th September	2024	2023		2024			2023
Cash Flows From / (Used in) Operating Activities	Rs.		Rs.		Rs.	Rs.

Profit before Income Tax Expense	1,082,933,693	386,215,708		1,145,154,683			439,124,054
Adjustments for;
Depreciation of property, plant & equipment	96,983,616	76,982,584		97,136,190			77,227,724
Amortization of intangible assets	5,816,730	5,457,171		5,897,943			5,553,004
Amortization of Right of use asset	72,520,153	63,241,742		72,520,153			63,241,742
Interest expense on lease liability	27,608,403	19,269,248		27,608,403			19,269,248
Impairment (reversal)/provision	277,204,775	273,507,146		277,204,775			273,507,146
Interest on fixed deposits, commercial paper & treasury bills	(157,262,924)	(216,804,170)		(172,512,230)			(224,457,197)
Fair value (gain)/loss on equity investments (FVTPL)	(7,193,892)	(27,227,415)		(7,193,892)			(27,227,415)
Bad debt written-off	108,824,830	14,525,959		108,824,829			14,525,959
Loss/(profit) on disposal of property, plant & equipment	(4,249,237)	(9,271,000)		(4,249,237)			(9,271,000)
Profit from sale of vehicle	(28,440,727)	(11,041,260)		(28,440,727)			(11,041,260)
Loss/(profit) on disposal of real estates	-	(3,665,871)		-			(3,665,871)
Provision/(reversal) for defined benefit plans	13,259,901	27,000,000		13,641,126			27,507,649
Dividend received	(14,223,727)	(4,215,247)		(18,090,381)			(6,349,879)
Share of loss/(profit) from associates	(15,722,674)		(9,735,718)		(15,722,674)			(9,735,718)
Operating Profit before Working Capital Changes	1,458,058,920	584,238,877		1,501,778,961			628,208,186
(Increase)/decrease in trading stock	(7,350,688)	(331,122)		(7,350,688)			(331,122)
(Increase)/decrease in loans and advances	(6,431,408,005)	(1,209,228,238)		(6,431,408,005)			(1,209,228,238)
(Increase)/decrease in lease rentals receivable & stock out on hire	(943,483,613)	(569,027,756)		(943,483,613)			(569,027,756)
(Increase)/decrease in fixed deposits & repurchase agreements	717,028,492	677,745,707		699,469,365			666,903,793

(Increase)/decrease in other financial assets	(50,473,492)	(6,991,133)		(56,523,392)			11,515,142
(Increase)/decrease in other non financial assets	135,613,628	50,200,757		133,984,131			27,918,460
Increase/(decrease) in derivative financial liabilities	(5,279,500)	(33,725,426)		(5,279,500)			(33,725,426)
Increase/(decrease) in amounts due to depositors	2,460,851,839	1,844,790,692		2,460,834,286			1,829,832,308
Increase/(decrease) in other financial liabilities	145,739,134	389,553,326		144,865,076			410,034,283
Increase/(decrease) in other non financial liabilities	(96,933,388)		9,065,550		(96,933,388)			8,200,401
Cash generated from/(used in) Operations	(2,617,636,673)	1,736,291,234		(2,600,046,767)			1,770,300,032
Retirement benefit liabilities paid	(11,150,371)	(26,932,291)		(11,350,373)			(26,932,291)
Investment in gratuity fund	(52,103,008)	-		(52,103,008)			-
Taxes paid	(638,518,748)		(368,892,469)		(656,599,759)			(388,204,833)
Net cash generated from/(used in) operating activities	(3,319,408,800)	1,340,466,474		(3,320,099,907)			1,355,162,908
Cash Flows from / (Used in) Investing Activities
Acquisition of property, plant & equipment	(218,955,841)	(54,329,245)		(218,955,841)			(54,329,248)
Acquisition of right of use assets	(93,796,581)	(7,030,000)		(93,796,581)			(7,030,000)
Acquisition of Intangible Assets	(378,614)	(16,054,328)		(378,616)			(16,054,328)
Investment in associates	-	(25,000,000)		-			(25,000,000)
Proceeds from sales of property, plant & equipment	23,617,500	19,850,000		23,617,500			19,850,000
Proceeds from sales of vehicles	7,147,000	18,332,162		7,147,000			18,332,162
Net sales/ (purchases) of financial assets -FVTPL/FVTOCI	(2,872,557,831)	(664,625,268)		(2,872,557,831)			(664,625,268)
Dividend received	14,223,727	4,215,247		18,090,381			6,349,879
Interest on fixed deposits, commercial paper & treasury bills	157,262,924	216,804,170		172,512,230			224,457,197
Net Cash Generated from Investing Activities
(2,983,437,716)	(507,837,262)		(2,964,321,758)			(498,049,606)
Cash Flows from / (Used in) Financing Activities
Settlement of operating lease liabilities	(71,047,632)	(83,712,611)		(71,047,632)			(83,712,611)
Net increase /(decrease) in other borrowings	5,812,815,558	242,253,635		5,812,815,558			242,253,635
Dividend paid	(283,046,400)		(168,480,000)		(283,046,400)			(168,480,000)
Net Cash Generated from/(Used in) Financing Activities	5,458,721,526		(9,938,976)		5,458,721,524			(9,938,976)
Net Increase/(Decrease) in Cash and Cash Equivalents	(844,124,990)	822,690,236		(825,700,141)			847,174,326
Cash and cash equivalents at the beginning of the year	(283,171,510)	(2,952,136,234)		(183,851,096)			(2,894,359,487)
Cash and cash equivalents at the end of the period *	(1,127,296,500)		(2,129,445,998)		(1,009,551,235)			(2,047,185,161)
Movement in Cash and Cash Equivalent	(844,124,990)		822,690,236		(825,700,141)			847,174,326

Note : Reporting cash flows from operating activities

The Company reports cash flows from operating activities by using the indirect method. The indirect method - whereby profit or loss is adjusted for the effects of non-cash items, any deferrals or accruals of past or future operating cash receipts or payments, and items of income or expense associated with investing or financing cash flows - is shown in the above.

* Cash and cash equivalents at the end of the period include favourable cash balances and the Bank Overdraft balances.

Alliance Finance Company PLC

Fair Value Hierarchy -Company

As at 30th September 2024

		Fair Value Measurement using
	Quoted Prices in	Significant	Significant
	Unobservable
	Active Markets	Observable Inputs
	Inputs

	Level 1	Level 2	Level 3	Total
	Rs.	Rs.	Rs.	Rs.
Financial Assets
Financial assets - Fair value through
profit and loss
Government of Sri Lanka treasury bills	-	6,180,873,902	-	6,180,873,902
Government of Sri Lanka treasury bonds	-	102,930,751	-	102,930,751
Financial assets - Fair value through
Other Comprehensive Income
Quoted Investments	426,395,184	-	-	426,395,184
Unquoted Investments	-	-	579,250	579,250
	426,395,184	6,283,804,653	579,250	6,710,779,087
Financial Liabilities
Due to Depositors	-	30,848,217,088	-	30,848,217,088
Due to Banks	-	27,230,116,230	-	27,230,116,230
Derivative financial liabilities	-	99,612	-	99,612
	-	58,078,432,930	-	58,078,432,930

As at 30th September - 2023

Financial assets

Financial assets - Fair value through profit and loss

Government of Sri Lanka treasury bills Government of Sri Lanka treasury bonds Quoted Investments

Financial assets - Fair value through

Other Comprehensive Income

Quoted Investments

Unquoted Investments

Financial Liabilities

Due to Depositors

Due to Banks

Derivative financial liabilities

-	3,416,864,188	-	3,416,864,188
-	51,330,770	-	51,330,770
-	383,853,505	-	383,853,505

171,675,196	-	-	171,675,196
-	-	579,250	579,250
171,675,196	3,852,048,463	579,250	4,024,302,909

-	22,320,638,527	-	22,320,638,527
-	22,490,214,313	-	22,490,214,313
-	2,449,590	-	2,449,590
-	44,813,302,430	-	44,813,302,430

Alliance Finance Company PLC

Analysis Of Financial Statements Measurement Basis - Company

As at 30th September 2024

Asset

Cash and cash equivalents Repurchase Agreements

Placement with banks and other financial institutions

Financial asset recognized through profit or loss

Loans and receivables-Amortized cost Lease rental receivables at amortized Financial asset recognized through other comprehensive income

Financial assets	Financial assets at	Financial assets	Total
recognized	amortized cost	at fair value
through profit or	(AC)	through other
loss (FVTPL )		comprehensive
		income(FVOCI)
Rs.	Rs.	Rs.	Rs.
-	1,300,498,048	-	1,300,498,048
400,104,114	-	-	400,104,114
-	3,091,827,238	-	3,091,827,238
6,283,804,653	-	-	6,283,804,653
-	29,886,211,213	-	29,886,211,213
-	23,206,711,195	-	23,206,711,195
-	-	426,974,434	426,974,434
6,683,908,767	57,485,247,694	426,974,434	64,596,130,895

Liabilities
Due to Depositors	-	30,848,217,088	-	30,848,217,088
Due to Banks	-	27,230,116,230	-	27,230,116,230
Derivative financial liabilities	-	99,612	-	99,612
	-	58,078,432,930	-	58,078,432,930

Financial assets
Financial assets	Financial assets at	Financial assets	Total
recognized	amortized cost	at fair value
through profit or	(AC)	through other
loss (FVTPL )		comprehensive
		income(FVOCI)

Asset

Cash and cash equivalents

Repurchase agreements

Placement with banks and other financial institutions

Financial asset recognized through profit or loss

Loans and receivables-Amortized cost Lease rental receivables at amortized Financial asset recognized through other comprehensive income

Liabilities

Due to Depositors

Due to Banks

Derivative financial liabilities

Rs.	Rs.	Rs.	Rs.
-	1,066,594,597	-	1,066,594,597
-	-	-	-
-	4,478,019,684	-	4,478,019,684
3,852,048,463	-	-	3,852,048,463
-	18,506,778,566	-	18,506,778,566
-	21,985,737,984	-	21,985,737,984
-	-	172,254,446	172,254,446
3,852,048,463	46,037,130,831	172,254,446	50,061,433,740

-	22,320,638,527	-	22,320,638,527
-	22,490,214,313	-	22,490,214,313
-	2,449,590	-	2,449,590
-	44,813,302,430	-	44,813,302,430

Alliance Finance Company PLC

SEGMENT REPORT - GROUP	Please add Please add t Please add Please add t Please add Please add Please add Please add this
For the Six months ended 30th September

Revenue

Segment results

Unallocated company expenses

Operating profit

Interest expenses

Share of profits of associates before tax Taxes on financial services

Income taxe expenses

Profit for the year

As at 30th September

Leaseing and Hire Purchase and

Consumer Durable

Rs.

20242023

4,053,348,869 3,265,829,885

2,962,410,990 2,569,301,346

(1,145,737,313) (1,719,367,425)

Loans

Rs.

20242023

1,578,504,437 1,051,492,412

1,300,068,767 788,301,275

(888,459,188) (742,293,644)

Gold Loans

Rs.

20242023

1,343,007,634 1,656,789,296

1,031,046,531 1,433,803,661

(587,051,367) (718,501,784)

Other

Rs.

20242023

614,008,920 677,837,246

567,851,143 641,082,790

(565,577,726) (729,333,878)

Total

Rs.

20242023

7,588,869,860 6,651,948,839

5,861,377,431 5,432,489,072

(1,133,298,100) (877,342,871)

4,728,079,331 4,555,146,201

(3,186,825,604) (3,909,496,731)

15,722,674 9,735,718

(411,821,718) (216,261,135)

(532,403,550) (193,508,719)

612,751,133 245,615,334

Segment assets

Investment in associates

Other assets

Total assets

Segment liabilities

Other liabilities

Total liabilities

22,597,806,537 21,985,738,043

21,063,495,702 19,503,567,263

17,995,587,256 9,491,789,404 11,890,623,957 9,187,560,368 11,455,679,255 9,326,071,615

15,303,494,208

8,037,547,201

10,111,817,539

7,779,929,258

9,741,939,381

7,897,219,072

63,939,696,995 49,991,159,430

144,207,225 132,148,099

6,082,024,303 4,400,609,545

70,165,928,523 54,523,917,074

56,220,746,830 43,218,262,794

5,210,014,244 4,043,668,138

61,430,761,074 47,261,930,932

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