Alliance Finance Company PlcCSELK: ALLI.N0000

Interim financial statements as at 31/12/2024

Feb 14, 2025 at 11:54 AM UTC · Issued by Alliance Finance Company Plc

Financial Statements

For the Nine Months Ended 31st December 2024

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sustainability integration to the business.

Alliance Finance Company PLC

Statement of Profit or Loss - Company

For the period ended 31st December 2024

	For the Quarter ended			For the Nine months ended
	2024	2023			2024	2023
	(unaudited)	(unaudited)	Variance		(unaudited)	(unaudited)	Variance
	Rs.	Rs.	%		Rs.	Rs.	%
Gross Income	4,009,350,866	3,545,467,348	13		11,504,037,020	10,141,160,719	13
Interest income	3,718,143,471	3,387,564,567	10		10,762,175,241	9,678,854,295	11
Interest expenses	(1,628,430,263)	(1,750,311,376)	7		(4,815,212,733)	(5,669,768,017)	15
Net Interest Income	2,089,713,208	1,637,253,191	28		5,946,962,508	4,009,086,278	48
Fee and Commission Income	112,688,706	80,934,742	39		309,616,798	216,230,794	43
Net gain/(loss) from trading	(1,603,875)	6,137,529	(126)		42,926,285	16,998,388	153
Other operating income (net)	180,122,564	70,830,510	154		389,318,696	229,077,242	70
Total Operating Income	2,380,920,603	1,795,155,972	33		6,688,824,287	4,471,392,702	50
Impairment (charges) / reversal for
loans and other losses	(143,858,106)	(94,803,934)	(52)		(529,887,712)	(382,837,039)	(38)
Net Operating Income	2,237,062,497	1,700,352,038	32		6,158,936,575	4,088,555,663	51
Operating Expenses
Personnel expenses	(497,923,252)	(394,831,155)	(26)		(1,498,927,056)	(1,111,416,368)	(35)
Other operating expenses	(696,473,455)	(513,071,052)	(36)		(2,035,510,647)	(1,509,508,584)	(35)
Depreciation and amortization	(54,596,033)	(42,106,958)	(30)		(157,396,379)	(124,546,713)	(26)
Total operating expenses	(1,248,992,740)	(950,009,165)	(31)		(3,691,834,082)	(2,745,471,665)	(34)
Operating Profit before Taxes on
Financial Services	988,069,757	750,342,873	32		2,467,102,493	1,343,083,998	84
Taxes on financial services	(238,956,141)	(159,422,540)	(50)		(650,777,859)	(375,683,675)	(73)
Operating Profit after Taxes on
Financial Services	749,113,616	590,920,333	27		1,816,324,634	967,400,323	88
Share of profit/(loss) from
associates	2,691,378	11,228,094	(76)		18,414,052	20,963,812	(12)
Profit before Taxation from
Operations	751,804,994	602,148,427	25		1,834,738,686	988,364,135	86
Provision for income taxation	(327,936,705)	(318,141,302)	(3)		(841,207,803)	(495,800,528)	(70)
Profit for the Period	423,868,289	284,007,125	49		993,530,883	492,563,607	102
Basic/ Diluted earnings per share	50.32	33.71				19.49
(Annualised)			39.31

Dividend Per Share paid	8.40	-			8.40	5.00

Alliance Finance Company PLC

Statement of Profit or Loss - Group

For the period ended 31st December 2024
		For the Quarter ended			For the Nine months ended
		2024	2023			2024	2023
		(unaudited)		(unaudited)	Variance		(unaudited)	(unaudited)	Variance
		Rs.		Rs.	%		Rs.	Rs.	%
Gross Income		4,066,024,378	3,588,724,670	13		11,654,894,238	10,240,673,509	14
Interest income		3,726,530,752	3,394,472,545	10		10,785,811,828	9,693,415,300	11
Interest expenses		(1,628,446,744)	(1,748,983,624)	7		(4,815,272,348)	(5,658,480,354)	15
Net Interest Income		2,098,084,008		1,645,488,921	28		5,970,539,480	4,034,934,946	48
Fee and commission income		156,902,919	111,440,886	41		424,720,167	288,212,668	47
Net gain/(loss) from trading		315,158	6,204,307	(95)		48,449,700	17,270,448	181
Other operating income (net)		182,275,549		76,606,932	138		395,912,543	241,775,093	64
Total Operating Income		2,437,577,634	1,839,741,046	32		6,839,621,890	4,582,193,155	49
Impairment (charges) / reversal for
loans and other losses		(143,858,105)		(94,803,933)	(52)		(529,887,709)	(382,837,038)	(38)
Net Operating Income		2,293,719,529	1,744,937,113	31		6,309,734,181	4,199,356,117	50
Operating Expenses
Personnel expenses		(502,172,149)	(398,732,579)	(26)		(1,512,713,236)	(1,122,902,516)	(35)
Other operating expenses		(710,651,287)	(522,818,035)	(36)		(2,071,836,992)	(1,524,636,903)	(36)
Depreciation and amortization		(54,666,098)	(42,277,444)	(29)		(157,700,231)	(125,058,172)	(26)
Total operating expenses		(1,267,489,534)		(963,828,058)	(32)		(3,742,250,459)	(2,772,597,591)	(35)
Operating Profit before Taxes on
Financial Services		1,026,229,995	781,109,055	31		2,567,483,722	1,426,758,526	80
Taxes on financial services		(238,956,141)	(159,422,540)	(50)		(650,777,859)	(375,683,675)	(73)
Operating Profit after Taxes on
Financial Services		787,273,854	621,686,515	27		1,916,705,863	1,051,074,851	82
Share of profit/(loss) from associates		2,691,378	11,228,094	(76)		18,414,052	20,963,812	(12)
Profit before Taxation from
Operations		789,965,232	632,914,609	25		1,935,119,915	1,072,038,663	81
Provision for income taxation		(338,391,321)		(325,775,459)	(4)		(870,794,871)	(519,284,178)	(68)
Profit for the Period		451,573,911	307,139,150	47		1,064,325,044	552,754,485	93
Profit attributable to :
Equity holders of the Company		441,583,265	298,797,742	48		1,038,796,671	531,049,654	96
Non controlling interest		9,990,646		8,341,408	20		25,528,373	21,704,831	18
Profit for the Period		451,573,911	307,139,150	47		1,064,325,044	552,754,485	93
Basic/ Diluted earnings per share
	52.42	35.47				21.01
(Annualised)				41.10

Dividend Per Share paid		8.40	-			8.40	5.00

Alliance Finance Company PLC

Statement of Comprehensive Income - Company

For the period ended 31st December 2024

	For the Quarter ended			For the Nine months ended
	2024	2023			2024	2023
	(unaudited)		(unaudited)	Variance		(unaudited)		(unaudited)	Variance
	Rs.		Rs.	%		Rs.		Rs.	%
Profit for the period	423,868,289	284,007,125	49		993,530,883	492,563,607	102
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	135,008,446	476,107	28,257		139,363,358	19,530,440	614
earnings
Net Other Comprehensive Income not be	135,008,446	476,107	28,257		139,363,358	19,530,440	614
Classified to Profit or Loss


Total Comprehensive Income for the period	558,876,735	284,483,232	96		1,132,894,241	512,094,047	121

Statement of Comprehensive Income - Group

For the period ended 31st December 2024

	For the Quarter ended			For the Nine months ended
	2024	2023			2024	2023
	(unaudited)		(unaudited)	Variance		(unaudited)	(unaudited)	Variance
	Rs.		Rs.	%		Rs.	Rs.	%
Profit for the period	451,573,911	307,139,150	47		1,064,325,044	552,754,485	93
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	135,008,446	476,107	28,257		139,363,358	19,530,440	614
retained earnings
Net Other Comprehensive Income not
be Classified to Profit or Loss	135,008,446		476,107	28,257		139,363,358	19,530,440		614
Total Comprehensive Income for the	586,582,357	307,615,257			1,203,688,402	572,284,925
period
			91					110
Attributable to:
Equity holders of the company	576,591,711	299,273,849	93		1,178,160,029	550,580,094	114
Non controlling interest	9,990,646	8,341,408	20		25,528,373	21,704,831	18
Total Comprehensive Income for the
period	586,582,357		307,615,257	91		1,203,688,402	572,284,925		110

Alliance Finance Company PLC

Statement of Financial Position

		Company				Group
As at	31.12.2024	31.03.2024	Variance		31.12.2024	31.03.2024	Variance
	(unaudited)		(audited)			(unaudited)	(audited)
	Rs.		Rs.	%		Rs.	Rs.	%
Assets
Cash and cash equivalents	2,127,367,876	1,037,507,757	105		2,311,576,064	1,136,828,171	103
Repurchase agreements	1,261,692,279	962,606,909	31		1,261,692,279	962,606,909	31
Placements with banks & financial	3,797,968,942	3,246,352,935	17		3,943,866,796	3,383,898,083	17
institutions

Financial assets recognised through	5,195,320,062	3,508,968,758	48		5,195,320,062	3,508,968,758	48
profit or loss

Loans and advances - at amortised cost	33,757,812,494	23,506,870,064	44		33,757,812,494	23,506,870,064	44
Lease rentals receivable & stock out on	23,611,035,611	22,597,190,332	4		23,611,035,611	22,597,190,332	4
hire - at amortised cost

Financial assets- fair value through other	866,098,322	317,703,694			866,098,322	317,703,694
comprehensive income	173		173

Other trading stocks	96,118,843	85,653,478	12		96,118,843	85,653,478	12
Other financial assets	512,576,612	458,631,541	12		513,240,607	450,152,849	14
Other non financial assets	261,645,496	257,537,354	2		270,690,021	265,196,987	2
Investments in associates	128,746,236	110,332,180	17		146,898,603	128,484,547	14
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	3,325,864,901	3,202,649,652	4		3,326,851,559	3,202,950,925	4
Intangible assets	146,130,550	147,087,856	(1)		146,130,550	147,169,590	(1)
Right of use asset	366,247,870	356,347,453	3		366,247,870	356,347,453	3
Deferred tax assets	191,066,955		174,526,137	9		191,066,960	175,796,752	9
Total Assets	75,850,297,087	60,174,570,138	26		76,300,326,641	60,521,498,592	26
Liabilities
Due to banks	30,141,102,826	20,310,185,391	48		30,200,256,278	20,310,185,391	49
Due to depositors - at amortised cost	33,268,903,590	28,387,365,249	17		33,268,065,435	28,386,553,614	17
Other financial liabilities	1,257,220,469	1,129,788,584	11		1,284,745,901	1,159,602,656	11
Other non financial liabilities	128,998,783	219,237,671	(41)		128,998,783	219,237,671	(41)
Derivative financial liabilities	-	5,379,033	(100)		-	5,379,033	(100)
Income tax liabilities	1,026,771,294	928,513,196	11		1,041,160,479	938,772,455	11
Retirement benefit liabilities	9,223,649	52,103,008	(82)		13,830,869	56,338,393	(75)
Deferred tax liabilities	703,298,454	663,298,289	6		707,507,948	668,778,398	6
Lease Liability	361,773,641		349,669,731	3		361,773,641	349,669,731	3
Total Liabilities	66,897,292,706	52,045,540,152	29		67,006,339,334	52,094,517,342	29
Shareholders' Funds
Stated capital	613,980,000	613,980,000	-		613,980,000	613,980,000	-
Retained earnings	5,220,425,090	4,509,940,679	16		5,403,350,688	4,675,362,989	16
Reserves	3,118,599,291	3,005,109,307	4		3,118,599,291	3,005,109,307	4
Total Equity Attributable to Equity
Holders of the Company	8,953,004,381		8,129,029,986	10		9,135,929,979	8,294,452,296	10
Non controlling interest	-		-			158,057,327	132,528,954	19
Total Equity	8,953,004,381		8,129,029,986	10		9,293,987,306	8,426,981,250	10
Total Liabilities and Shareholders' Funds	75,850,297,087	60,174,570,138	26		76,300,326,641	60,521,498,592	26

Contingent Liabilities and Commitments	1,742,018,756	820,666,741			877,920,150	820,666,741
Net assets value per share (Rs.)	266	241			271	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
14-02-2025
Colombo

Alliance Finance Company PLC

Statement of Changes in Equity

For the period ended 31st December 2024

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	-	-	-	-	-	-	492,563,607	492,563,607
Other comprehensive income, net of tax
Equity investments at FVOCI - net change in fair value &
Disposal profit	-	-	-	-	19,530,440	-	-	19,530,440
Transfer of realized profit on investment property disposal to											(26,697,347)
retained earnings	-	-	-	-	26,697,347	-	-

Dividend paid	-	-		-		-		-		-	(168,480,000)	(168,480,000)
Balances as at 31st December 2023	613,980,000	1,002,482,237	1,223,390,151	388,258,055	14,257,863	-	4,059,383,921	7,301,752,227

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	-	-	-	-	-	-	993,530,883	993,530,883
Other comprehensive income, net of tax
Equity investments at FVOCI - net change in fair value &
Disposal profit	-	-	-	-	139,363,358	-	-	139,363,358
Changes in revaluation reserve			(25,873,374)			-	-	-	(25,873,374)
Dividend Paid	-	-		-		-		-		-	(283,046,472)	(283,046,472)
Balances as at 31st December 2024	613,980,000	1,048,326,205		1,567,925,177		388,258,055		114,089,854		-	5,220,425,090	8,953,004,381

Statement of Changes in Equity

For the period ended 31st December 2024

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	-	-	-	-	-	21,704,831	531,049,654	552,754,485
Other comprehensive income, net of tax -
Equity investments at FVOCI - net change in fair value &
Disposal profit	-	-	-	-	19,530,440	-	-	19,530,440
Transfer of realized profit on equity instruments disposal to										(26,697,347)
retained erning.	-	-	-	-	26,697,347	-	-

Dividend paid	-	-		-		-		-	-	(168,480,000)	(168,480,000)
Balances as at 31st December 2023	613,980,000	1,002,482,237	1,223,390,151	388,258,055	14,257,863	121,173,199	4,206,059,894	7,569,601,400

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	-	-	-	-	-	25,528,373	1,038,796,671	1,064,325,044
Other comprehensive income, net of tax -
Equity investments at FVOCI - net change in fair value &
Disposal profit	-	-	-	-	139,363,358	-	-	139,363,358
Changes in revaluation reserve	-	-	(25,873,374)	-	-	-	-	(25,873,374)
Dividend Paid	-	-		-		-		-	-	(310,808,972)	(310,808,972)
Balances as at 31st December 2024	613,980,000	1,048,326,205	1,567,925,177	388,258,055	114,089,854	158,057,327	5,403,350,688	9,293,987,306
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 31st December 2024	2024		2023		2024	2023
Cash Flows From / (Used in) Operating Activities	Rs.	Rs.	Rs.	Rs.

Profit before Income Tax Expense	1,834,738,688		988,364,135		1,935,119,915	1,072,038,663
Adjustments for;
Depreciation of property, plant & equipment	148,765,927		116,402,846		148,988,041	116,770,556
Amortization of intangible assets	8,630,452		8,143,867		8,712,190	8,287,616
Amortization of Right of use asset	108,378,280		96,256,629		108,378,280	96,256,629
Interest expense on lease liability	40,119,565		31,213,940		40,119,565	31,213,940
Depreciation adjustment	-		-		-	-
Impairment (reversal)/provision	411,840,453		361,844,587		411,840,453	361,844,587
Interest on fixed deposits, commercial paper & treasury bills	(224,066,962)		(318,553,180)		(247,703,549)	(333,114,185)
Fair value (gain)/loss on equity investments (FVTPL)	(64,713,184)		4,833,564		(64,713,184)	4,833,564
Bad debt written-off	118,047,257		20,992,452		118,047,256	20,992,452
Loss/(profit) on disposal of property, plant & equipment	(8,770,864)		(23,231,167)		(8,770,864)	(23,231,167)
Profit from sale of vehicle	(43,620,941)		(23,840,111)		(43,620,941)	(23,840,111)
Loss/(profit) on disposal of real estates	-		(4,503,313)		-	(4,503,313)
Provision/(reversal) for defined benefit plans	28,660,485		40,500,000		29,232,322	41,261,473
Dividend received	(34,988,637)		(11,210,455)		(41,326,760)	(16,932,704)
Share of loss/(profit) from associates	(18,414,052)		(20,963,812)		(18,414,052)	(20,963,812)
Operating Profit before Working Capital Changes	2,304,606,467		1,266,249,982		2,375,888,672	1,330,914,188
(Increase)/decrease in trading stock	26,008,576		(14,085,752)		26,008,576	(14,085,752)
(Increase)/decrease in loans and advances	(10,362,865,271)		(3,851,522,711)		(10,362,865,354)	(3,851,522,711)
(Increase)/decrease in lease rentals receivable & stock out on hire	(1,431,810,151)		(999,044,918)		(1,431,810,151)	(999,044,917)
(Increase)/decrease in fixed deposits & repurchase agreements	(850,701,377)		258,367,940		(859,054,082)	133,976,535
(Increase)/decrease in other financial assets	(53,945,071)		(77,784,432)		(63,087,758)	(75,076,415)
(Increase)/decrease in other non financial assets	66,939,491		(16,636,342)		65,554,598	(52,752,277)
Increase/(decrease) in derivative financial liabilities	(5,379,112)		(36,175,016)		(5,379,033)	(36,175,016)
Increase/(decrease) in amounts due to depositors	4,881,538,341		2,965,345,623		4,881,511,821	3,049,687,341
Increase/(decrease) in other financial liabilities	99,416,232		329,905,679		97,127,591	354,932,288
Increase/(decrease) in other non financial liabilities	(90,238,888)		16,979,206		(90,238,888)	16,114,057
Cash generated from/(used in) Operations	(5,416,430,764)		(158,400,743)		(5,366,344,008)	(143,032,681)
Retirement benefit liabilities paid	(19,436,836)		(37,947,291)		(19,636,838)	(37,947,291)
Investment in gratuity fund	(52,103,008)		-		(52,103,008)	-
Taxes paid	(745,363,733)		(404,014,362)		(770,820,874)	(429,173,932)
Net cash generated from/(used in) operating activities	(6,233,334,341)		(600,362,396)		(6,208,904,728)	(610,153,903)
Cash Flows from / (Used in) Investing Activities
Acquisition of property, plant & equipment	(286,827,810)		(139,063,659)		(287,735,307)	(139,063,662)
Acquisition of right of use assets	(118,278,697)		(17,307,900)		(118,278,697)	(17,307,900)
Acquisition of Intangible Assets	(7,673,146)		(17,457,834)		(7,673,150)	(17,457,834)
Investment in associates	-		(25,000,000)		-	(25,000,000)
Proceeds from sales of property, plant & equipment	23,617,500		42,255,000		23,617,500	42,255,000
Proceeds from sales of vehicles	7,147,000		38,247,162		7,147,000	38,247,162
Net sales/ (purchases) of financial assets -FVTPL/FVTOCI	(2,030,669,390)		166,617,989		(2,030,669,390)	166,617,989
Dividend received	34,988,637		11,210,455		41,326,760	16,932,704
Interest on fixed deposits, commercial paper & treasury bills	224,066,962		318,553,176		247,703,549	333,114,181
Net Cash Generated from Investing Activities	(2,153,628,944)		378,054,389		(2,124,561,735)	398,337,640
Cash Flows from / (Used in) Financing Activities
Settlement of operating lease liabilities	(71,047,632)		(127,931,882)		(71,047,632)	(127,931,882)
Net increase /(decrease) in other borrowings	8,122,915,595		616,611,637		8,122,915,595	616,611,637
Dividend paid	(283,046,400)		(168,480,000)		(310,808,900)	(168,480,000)
Net Cash Generated from/(Used in) Financing Activities	7,768,821,563		320,199,755		7,741,059,063	320,199,755
Net Increase/(Decrease) in Cash and Cash Equivalents	(618,141,722)		97,891,749		(592,407,400)	108,383,492
Cash and cash equivalents at the beginning of the year	(283,171,509)		(2,952,136,234)		(183,851,095)	(2,894,359,487)
Cash and cash equivalents at the end of the period *	(901,313,231)		(2,854,244,485)		(776,258,495)	(2,785,975,996)
Movement in Cash and Cash Equivalent	(618,141,722)		97,891,749		(592,407,403)	108,383,491

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 31st December 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	865,519,072	-	-	865,519,072
Unquoted Investments	-	-	579,250	579,250
	865,519,072	6,283,804,653	579,250	7,149,902,975
Financial Liabilities
Due to Depositors	-	33,268,903,590	-	33,268,903,590
Due to Banks	-	30,141,102,826	-	30,141,102,826
Derivative financial liabilities	-	-	-	-
	-	63,410,006,416	-	63,410,006,416

As at 31st December 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

-	2,282,730,456	-	2,282,730,456
-	511,175,994	-	511,175,994
-	148,687,492	-	148,687,492

218,301,588	-	-	218,301,588
-	-	579,250	579,250
218,301,588	2,942,593,942	579,250	3,161,474,780

-	23,441,193,458	-	23,441,193,458
-	23,647,454,156	-	23,647,454,156
-	-	-	-
-	47,088,647,614	-	47,088,647,614

Alliance Finance Company PLC

Analysis Of Financial Statements Measurement Basis - Company

As at 31st December 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.
-	2,127,367,876	-	2,127,367,876
1,261,692,279	-	-	1,261,692,279
-	3,797,968,942	-	3,797,968,942
5,195,320,062	-	-	5,195,320,062
-	33,757,812,494	-	33,757,812,494
-	23,611,035,611	-	23,611,035,611
-	-	866,098,322	866,098,322
6,457,012,341	63,294,184,923	866,098,322	70,617,295,586

Liabilities
Due to Depositors	-	33,268,903,590	-	33,268,903,590
Due to Banks	-	30,141,102,826	-	30,141,102,826
Derivative financial liabilities	-	-	-	-
	-	63,410,006,416	-	63,410,006,416

As at 31st December 2023
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.
-	1,124,677,952	-	1,124,677,952
-	-	-	-
-	4,897,397,452	-	4,897,397,452
2,942,593,942	-	-	2,942,593,942
-	20,995,563,997	-	20,995,563,997
-	22,421,360,255	-	22,421,360,255
-	-	218,880,838	218,880,838
2,942,593,942	49,438,999,656	218,880,838	52,600,474,436

-	23,441,193,458	-	23,441,193,458
-	23,647,454,156	-	23,647,454,156
-	-	-	-
-	47,088,647,614	-	47,088,647,614

Alliance Finance Company PLC

SEGMENT REPORT - GROUP	Please add th Please add th Please add th Please add th Please add th Please add th Please add th Please add this
For the Nine months ended 31st December 2024

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 31st December 2024

Segment assets

Investment in associates

Other assets

Total assets

Segment liabilities

Other liabilities

Total liabilities

Leaseing and Hire Purchase and

Consumer Durable

Rs.

20242023

6,087,245,363 5,131,638,571

4,987,669,283 4,049,648,548

(1,628,850,126) (2,391,502,683)

22,597,806,540 22,421,360,313

21,688,190,919 20,016,222,691

Loans

Rs.

20242023

2,500,074,572 1,663,885,739

2,221,054,675 1,236,237,428

(1,406,345,922) (1,165,324,163)

20,385,720,655 10,925,412,320

17,368,458,850 9,182,802,679

Gold Loans

Rs.

20242023

2,089,536,848 2,468,982,457

1,777,575,746 2,111,307,182

(922,498,014) (1,092,298,110)

13,372,091,839 10,240,761,871

11,392,907,358 8,607,354,375

Other

Rs.

20242023

978,037,455 976,166,741

931,879,679 922,340,221

(857,578,276) (1,009,355,399)

12,431,046,378 9,463,138,566

10,591,144,658 7,953,762,391

Total

Rs.

20242023

11,654,894,238 10,240,673,508

9,918,179,383 8,319,533,379

(2,535,423,313) (1,234,294,501)

7,382,756,070 7,085,238,878

(4,815,272,348) (5,658,480,355)

18,414,052 20,963,812

(650,777,859) (375,683,675)

(870,794,871) (519,284,178)

1,064,325,044 552,754,482

68,786,665,412 53,050,673,070

146,898,603 126,933,588

7,366,762,626 4,196,696,539

76,300,326,641 57,374,303,197

61,040,701,785 45,760,142,136

5,965,637,549 4,061,002,271

67,006,339,334 49,821,144,407

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