BANSEI ROYAL RESORTS HIKKADUWA PLC
Company Registration Number - PV 20150 PQ
INTERIM REPORT
4th QUARTER
TWELVE MONTHS ENDED 31ST MARCH 2025
BANSEI ROYAL RESORTS HIXXADUWA PLC
CORPORATE INFORNATION
NAME OF COL1PAN+
LEGAL FORM
BOARD OF DIRECTORS
SECRETARIES
AUDITORS
REG1STERED OFFICE
Bansei Royal Resorts Hikkaduwa PLC Company Number Pv z0150 PQ
A Limited Liability Company incorporated in Sri Lanka under
the Companies Ordinance as a Private Company on 22nd February 19Zd and re-registered under Companies Act to 07 of 2007 on 29th December 2010. The Company changed its status to a Public Limited Compdhy With effect from 6th March 2014. In March 2014, its Shares were listed on the Dirisavi Board of the Colombo Stock Exchange.
Mr. A Y Al Warnakulasooriya Chairman
Mr. T Murakami Depu Chairman
Mr. Hiroyuki Ota Chief Fxecutfve Of iCE!F
Mr. R D R Perera Nr.Nobuhito Hobo Mr. C L Godamanna Mr. R S V Dharmapala
Corporate Aracade Ltd No .9/4, Edmonton Road Kirulapona
Colombo 06.
M/s. Ernst & Young Chartered Accountants Rotunda Towers,No. 109 Galle Road
Colombo 03.
4th Floor, West Tower, World Trade Centre Colombo 01
Phone +9411 2339135
Fax +94l1 2339138
Page 01
Shares Informaoon
BANSEI ROYAL RESORTS HEKXADUWA P.LC
INVESTOR ZNFORNAT7ON
31.03.2025 31.03.2024(Rs.}
(Rs.)
Closing price On
17.30
12.90
I-highest price recorded for the fwe/ye months ending
20.00
13.70
Lowest price recorded for tA twelve months ending
11.00
g.TO
Highest.price recorded for the.three months ending
19:8.0
13.70
Lowest price recorded for the three months ending
t5.80
11.00
Fieoat adjusted Market Capialization
9Z,949.,4.4.0
69,309, 1Z0
The. float adju:sted market capitalisaaon as.at 31st March was 91;g49; Pf0/- Tlne.gercenfiage of shares..hel,d by the
public as:at 31st March is i0% and the number of pub.lie sahre holders as at 31st March 2025 .was..742:
The company is colTip1iant"with rule 7.13..1(b) & appendix 7B(.a) of the Listing Rule..of The Colombo. Stock Exchange
on minimum public share holding with option 2 under Dirisavi"Board
Net assets per shark 5 share trading for tha.zw.eIve'months ended | 5.57 (Rs.5.48 as an.3t..03:.202 ) | ||
Number of transactions | 2,619 | 1,308 | |
Number'qf shares traded | .1,204;742 | F77,639 | |
value of shares traded {Rs.) | 18.,.?1.6, 72 | 6,9S0,412 |
6 Ywanty...Largést Shareholders as at 31st tñarm'202:s.
98.7.6P'b
53;063;336
TOTAL
f,07%
'OJ1'a
0. I.4°A.
ñ8,928:
aO,0O0
77,080
IVtR. A.l^.ñA'MA€iE
MR.K,P,M.A.L. KARUNARATHNE MA: 5 S.MlRANO.e..
MII.R:E.RAMaUKy/GLLE
HALON N AI-I'ONAL BANIr PLC/MR.R.E.kAMBUKWELLE MR.J.A.N.S.JAYAKODY'
MR:S.M:D.C.W BENAR ATHNE
No of Shares as at
31.D3.2025
Name of.Shareholder
Thore wera no non voting sFfares as.at 31st March'2O25
The.peroen'tage of sharas held by pubhc as per.Colombo.Szac‹ Exchange Rules as.at 3Ect Narch' 2o25 +vas z0'+i Numb -.of Public sharehotdars -.742.
Directors' skaraholdlng.
Nama | Dlze<4ors' Di/cct Shere hcgding"as.at 31st | |
MR.A:Y.N.WARNAKU.LA50DRJ.YA Mk. I".M:tJ RAK.4MI |
Page 02
BANSEI ROYAL RESORTS I•IIXKADUWA PLC STATEMENT QF FINANCIAL PQSITIONAudited | Unaudited | Audited | |||
BS Qt | as at | DS Bt | |||
31.03.zO24 Rs•'000 | ASSETS | 31.03.2025 Rs.'0OD | 31.03.2024 Rs.'O0D | ||
18S,511 | Non - Current Assets Property, Plant and Equipment | 198,756 | 28S,51Z | ||
185,511 | |||||
Current Assets | |||||
3,596 | Inventories | 3,19d | 3,596 | ||
4,888 | Trade and Other Receivables | 7,336 | 4,888 | ||
S,622 | Advances, Deposits and Prepayments | 4,846 | 5,622 | ||
128,147 | Other Financial Assets | 135,583 | |||
6,710 | Cash at Bank and in Hand | 2,578 | 6,71o | ||
I4B,963 | 153539 | 148,963 | |||
334,474 | T0taI Assets | 352,296 | 334,474 | ||
EQUITY AND LIABELITTES | |||||
Capital and Reserves | |||||
272,Z80 | Stdted Capital | 272,280 | 272,280 | ||
22,203 | ftetained Earninqs | 26,947 | |||
294,483 | Total zquity | "29$l,227 | 294,483 | ||
Non-Current Liabilities | |||||
3,273 | Post-Employment Benefit Liability | 3,024 | 3,273 | ||
20,421 | Deferred Tax Liability | 29,821 | 2D,421 | ||
23,693 | " 32,845 | 23,693 | |||
1* 500 | Current Liabilities Trade and Other Payables | 1g843 | 15,5O0 | ||
Income Tax Payable | 417 | ||||
798 | Dividant Payable | 963 | 79B | ||
16,298 | 20,224 | ||||
39,99d | Total 1iabiiities | 53 069 | 39,991 | ||
334,474 | Total Equity and Liabilities | 3 | 334,474 |
The Statement of Financial Position as at 3Tst March 2025, the Income Statement, Statement of Comprehensive Income, Statement of Changes in Equity and Cash Flow Statement for the twelve nJanrhs then ended are drdwn up from the unaudited financial statements of the Company and they provide the information required by the Colombo Stock ExChange.
It is certified that the financial statements have been prepared in compliance with the requirements of the Companies Act N 7' of 007.
tant
The Board of Di'rectors is responsible for the preparation and presentation or these financial statements. Signed rcr and on behalf of the Board by.
irector
09th May 2025 Colombo
Page 03
BANSEz ROYAL RESORTS HIKKADUWA PLC 7NCOME STATEMENT
Audited as at
31.0y.2024
Rs.'000
Unaudited Audited Variance Unaudited unaudiLed Variance 12 months 12 months Favorable 03 months 03 months Favorable
ended ended (unfavorable) ended anded (Unl'avorable) 31.03.2025 31.03.20Z4 3l.OJ.2025 31.03,20Z4
Rs.'000 Rs.'D00 Rs.'000 Rs,'000 Rs.'g00
TS,566
'-/2,b70
Revenue
138,059 l t6,Sfi6
(26,854) (22,8961 111,205 " 92,6Z0
4B,326
-1796 7 0 5 14'Yo
2096 4J, 30 6 38,842 6%
492 Other income
511 492
49b
114
38Z
(3,?S2)
(/42A)
Marketing & Promotional Expenses h0ministrativ0 ExpenSeS
Finance COSt
(8B,220) (?4,2S1}
-2%
-39°.6
{1,588)
f*®,t31)
1%
{21,396) -31"/o
1ñ,9S2
32,311
(T0,2ZB)
33,D8J
Finance income Profit/(LOss) Before Tax Income 1 ax Expenses
Other Comprehensive income (net of tax Profit/(Loss) for the Period
1g,3BZ t6,952
30,Z63 , 1
30,863
-39.r
-64o
8%
0%
2,190
13,620
(4,302}
3,504
19,736 (9,B34)
-38%e
-31%o ""
0.41 Earnings/(Loss) per share fpr Me period (Basic)-Rs.
0.3P
0.4y
-6°/o
0.27 0.18 -6*/a
8,644
Notes
Operating profit/(ioss1 Is after Charglng following Depreciation 8,936
$tated Capital
8,644
51,72.6,000 Ordinary Shares 272,280 272,280
these inter m finanCfal statements have been prepared in accordance wit fie accounting policies set out in the Annual Report for the year ended 31.03.2024
and are also in compJ/ave wit in Lanka Accounting Standard (I.KAS) 34- interim financial
4, There are no signi(icant conbngent liabilities as at 31St Narct'202S
5. figures n bracket indicates deductions
6. 7here are no distinguishable components to be identified as segments for the Company.
8, NO circumstances have arisen since Lhe reporting date, which would require adjustments to or disclssrire in the Financial Statements.
9. The period under review relates to the season of the Tourism industry in Sri LanKa.
Page 04
BANSEI ROYAL RESORTS HIKKADUWA PLC | |||
STATEMENT OF COI•PREHENSIVE INCOME | |||
Audited as at 3L03.2024 | Unaudited 12 months ended | Audited 12 months ended | |
31.03.2025 | 31,03.2b24 | ||
Rs.'000 | Rs.'000 | Rs.'000 | |
22,083 | Profit/(Loss) for the period | 20,863 | 22,083 |
257 | income Tax effect | 257 | |
(857) | Actuarial Gain on Post-Empoyment Benefit Liabilities | (857J | |
(600) | Other Comprehensive Income/(Loss) for the Period | {600) | |
21,4B3 | Total Comprehensive Income/(Loss) for the Period | 20,863 | 21,483 |
Page 05
BANSEI ROYAL RESORTS HIKKADUWA PLC
STATEMEMTOFCHANGESIN EQUITY
Stated Shareholders' Retained Capital Funds Earnings
Rs.'000 Rs.'000
Total
Rs.'000
n e a t 0 A i 0 280 1 466 2 746
Profit/(Loss) for the Period Other Comprehensive Income Dividant Paid 2022/2023 Total Comprehensive Income
22,083
(600)
{10,746)
10,737
22,083
(600)
{10,746) 10,7Z7
Balance as at 31st PIarch'2024
272,2b0 -
22,203
294,483
Balance as at 01" April 2024 | 272,280 | 22,2D3 | 294,483 | ||
PofVLossflthePer%d | 20,863 | 20,863 | |||
OtherComprehenslvelncome | |||||
Dividant Paid 2023/1024 | (16,118) | {16,118) | |||
Total Comprehensive Income | 4,744 | 4,744 | |||
Balance as at 31st PIarch'Z025 | 272,280 | 26,947 | 99 7 | ||
Page 06
BANSEI ROYAL RESORTS HIKKADUWA PLC | ||||||
CASH FLOW STATEMENTS | ||||||
Audited | Unaudited | Audited | ||||
as at | 12 months | 12 months | ||||
31.03.2024 | endad | ended | ||||
31.03.2025 | 31.03.2024 | |||||
Rs.'000 | Rs.'0o0 | Rs.'000 | ||||
Cash Flow from Operating Activities | ||||||
32,311 | Profit/(Loss) before Tax for the period | 30,263 | ||||
Adjustment for | ||||||
8,644 | Depreciation | 8,944 | 8,644 | |||
(16,881) | (Income) from Investments-Interest Income | (12,140) | (16,881) | |||
(105) | (Profit)/Loss on Disposal of Property Plant & Equipment | 84 | (105} | |||
Finance Costs | ||||||
765 | Provision for Defined Benefit Plans | 765 | 765 | |||
26 | Exchange (Gain)/Loss | (39} | 2g | |||
(Gain)/Loss on Insurance Proceeds | 1,758 | |||||
24,760 | Operating Profit before Working Capital Changes | 29,635 | 24,760 | |||
(365) | (Increase)/Decrease in Inventories | 399 | (365) | |||
(2,300) | (Increase)/Decrease In Trade and Other Receivables | (2,437) | (2,300} | |||
987 | (Increase )/Decrease in Advance Deposits & Prepayments | 77G | 987 | |||
1,415 | (Increase)/(Decrease) in Trade and CX:her Payables | 3,926 | 1,415 | |||
24,497 | Cash Generated from Operations | 32,300 | 24,497 | |||
(2,407) | Income Tax Paid | (2,407) | ||||
Finance CoSts Paid | ||||||
(68) | Defined Benefit Plan Costs Paid net of transfers | (1,014) | (68] | |||
22,023 | Net Cash from Operating Activities | 31,286 | 22,023 | |||
Cash Flows from/(Used in) Investing Activities | ||||||
(20,690) | Acquisition of Short term Investments | (7,4Z6) | (20,690) | |||
(7,331) | Acquisition of Property, Plant & Equipment | (22,476) | (7,331) | |||
105 | Proceeds from Sale of Property, Plant & Equipment | 191 | 105 | |||
16,881 | Interest Income | |||||
(11,037) | Net Cash Flows from/(Used in) Znvesting /nivities | (19,340) | ||||
Cash Flows from/(Used in) Financing Activities | ||||||
Proceeds from Interest Bearing Loans & Borrowings | ||||||
Repayment of Interest Bearing Loans & Borrowings | ||||||
(10,746) | Finance Lease Paid Divident Paid | (16,118) | (10,746) | |||
Proceeds from Issue of shares | ||||||
Repayment of share holder funds | ||||||
(10,746) | Net Cash Flows/(Used in) Financing Activities | (16,118) | (10,746) | |||
(26) | Effect of Exchange Rate changes on cash and cash Equivalents | 39 | (26) | |||
21S | (Net Increase)/Decrease in Cash & Cash Equivalents | (4,132) | 215 | |||
6,496 | Cash and Cash Equivalents at the beginning of the period | 6,710 | 6,496 | |||
6,710 | Cash and Cash Equivalents at the end of the period | 2,578 | 6,710 | |||
6,710 | Cash and Bank Balance | 2,578 | 6,710 | |||
Bank OverdraR | ||||||
6,710 | 2,57B | 6,710 | ||||
Page 07 | ||||||