Galle Face Capital Partners: Interim Financial Statements 30.09.2024

1. The above figures are provisional and subject to audit.
2. Figures in brackets indicate deductions.

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1. The above figures are provisional and subject to audit.
2. Figures in brackets indicate deductions.

INTERIM FINANCIAL STATEMENTS

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1. The above figures are provisional and subject to audit.
2. Figures in brackets indicate deductions.

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INTERIM FINANCIAL STATEMENTS

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INTERIM FINANCIAL STATEMENTS

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NOTES TO THE FINANCIAL STATEMENTS

1. Basis of preparation

The Interim Financial Statements of Galle Face Capital Partners PLC has been prepared in compliance with Sri Lanka Accounting Standard LKAS 34 -Interim Financial Reporting. These Interim Financial Statements are to be read in conjunction with the Annual Financial Statements for the year ended 31st March 2024.

2. Comparative figures

The presentation and classification of figures for the corresponding period of the previous year have been rearranged where relevant, to be comparable with those for the current period. Net Assets per share has been calculated by dividing net assets as at 30th September 2024 by total number of Ordinary Shares as at the same date.

3. Stated Capital

The stated capital consists of 28,894,939 Voting shares issued as at 30th September 2024.

4. Contingent liabilities

There is no change in the nature of the contingent liabilities as at 30th September 2024 as compared to thecontingent liabilities which were disclosed in the accounts for the year ended 31st March 2024.

5. Market price per share

Market prices for the quarter ended 30th September were:

6. Public shareholding

The percentage of shares held by the public as at 30th September 2024 was Voting 29.94%. The number of voting shareholders representing the public holding was 2,267 as at 30th September 2024 . The float adjusted market capitalization was Rs. 267.33 Mn as at 30th September 2024. The company has over 20% public shareholding and over 500 public shareholders meeting the minimum thresholds for compliance on minimum public holding under the option "5" of Section 7.13.1 (a) of continuing listingrequirements.

INTERIM FINANCIAL STATEMENTS

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NOTES TO THE FINANCIAL STATEMENTS - CONTD..

7. Directors' shareholding

The directors' shareholdings are as follows:

8. Significant Events and Transactions

There were no significant events & transactions occurred during the period ended 30th September 2024 which requires disclosure to the Interim Financial Statements.

9. Events Occurring after the Reporting Date

There are no material events that have taken place subsequent to the reporting date which require disclosures to the Financial Statements.

10. Earnings per Share

Earnings per share have been calculated by dividing profit attributable to ordinary equity holders by the weighted number of ordinary shares as given in the LKAS 33.

11. Investments - Measured at Fair Value through Profit or Loss

The Company has invested in listed equity securities. The fair value of quoted equity shares is determined with reference to published prices in the active market.

INTERIM FINANCIAL STATEMENTS

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INTERIM FINANCIAL STATEMENTS

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Related Party Transactions review Committee, Remuneration Committee & Nomination Committee arerepresented by Ultimate Parent Company Directors.

INTERIM FINANCIAL STATEMENTS

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