Interim Financial Statements as at 30/06/2025

Company Registration PQ 203

No:48, Janadhipathi Mawatha

Colombo-01

THE KINGSBURY PLC

Statement of Financial Position

(All amounts in Sri Lanka Rupees thousands)

Unaudited

Unaudited

Audited

As at 30.06.2025

As at 30.06.2024

As at 31.03.2025

ASSETS

Non-current assets

Property Plant and Equipment

4,411,721

4,470,606

4,431,681

Intangible assets

14,377

19,864

15,742

Right-of-use asset

10,869

11,116

10,931

Total non-current assets

4,436,967

4,501,586

4,458,354

Current assets

Inventories

150,074

159,693

145,076

Trade and other receivables

1,232,568

1,065,288

1,186,432

Other current assets

174,946

115,139

85,626

Tax Receivable

9,310

7,494

9,310

Cash and cash equivalents

132,629

65,013

95,743

Total current assets

1,699,527

1,412,627

1,522,187

Total Assets

6,136,494

5,914,213

5,980,541

EQUITY AND LIABILITIES

Capital and reserves

Stated capital

836,000

836,000

836,000

Reserves

1,316,306

1,349,829

1,327,106

Retained earnings

(186,821)

(837,821)

(247,942)

Total Equity

1,965,485

1,348,008

1,915,164

Non- current liabilities

Interest-bearing borrowings

831,930

1,161,173

910,873

Post employment benefit obligation

136,512

118,951

128,935

Deferred tax liability

620,101

610,918

594,885

Lease liability

16,637

16,648

16,640

Other liabilities

3,600

1,600

3,600

Trade and other payables

485,230

362,636

447,252

Total non-current liabilities

2,094,010

2,271,926

2,102,185

Current Liabilities

Trade and other payables

1,125,708

1,224,844

1,068,165

Interest-bearing borrowings

329,243

405,593

349,493

Other current liabilities

175,262

167,879

154,912

Bank Overdraft

444,400

493,577

388,236

Lease liability

2,386

2,386

2,386

Total liabilities

4,171,009

4,566,205

4,065,377

Total equity and liabilities

6,136,494

5,914,213

5,980,541

I certify that these Financial Statements have been prepared in compliance with the requirements of the Companies

Act No 7 of 2007.

Signed

Piyal Senadeera

Chief Financial Officer

The Board of Directors is responsible for the preparation & presentation of these Financial statements.

Signed

A M Pandithage

Executive Chairman

Signed

R.J.Karunarajah

Managing Director

28th July 2025

Colombo

THE KINGSBURY PLC

Statement of Profit or Loss

Unaudited

Unaudited

Audited

3 Months ended

3 Months ended

Change

Year ended

30.06.2025

30.06.2024

%

31.03.2025

1,198,439

1,149,764

4

5,327,046

(634,908)

(646,930)

2

(2,771,802)

Gross profit

Other income (Note 04)

Administrative expenses

563,531

502,834

12

2,555,244

715

3,390

(79)

20,352

(435,356)

(451,505)

4

(1,777,934)

(20,166)

(22,014)

8

(92,160)

.

108,724

32,705

>100

705,502

4,127

1,763

>100

13,994

(37,314)

(46,597)

20

(179,909)

75,537

(12,128)

>100

539,587

(25,216)

6,116

>100

11,566

50,321

(6,012)

>100

551,153

0.10

(0.01)

THE KINGSBURY PLC

Statement of Comprehensive Income

(All amounts in Sri Lanka Rupees thousands)

Unaudited

Unaudited

Audited

3 Months ended

3 Months ended

Change

Year ended

30.06.2025

30.06.2024

%

31.03.2025

Profit / (Loss) for the period

50,321

(6,012)

>100

551,153

Other Comprehensive Income not to be reclassified to

profit or loss in subsequent periods

Deferred tax on transfers

- 3,240

100

12,978

Re-measurement loss on defined benefit plans

- -

(2,817)

Deferred tax effect on defined benefit plans

- -

845

Other Comprehensive Income for the period, net of tax

-

3,240

100

11,006

Total Comprehensive Income/(loss) for the year, net of tax

50,321

(2,772)

>100

562,159

THE KINGSBURY PLC

Statement of Changes in Equity

Stated Capital

Revaluation Reserve

Retained Earnings

Total

836,000

1,357,389

(842,609)

1,350,780

Profit / (Loss) for the three months

-

-

(6,012)

(6,012)

Total comprehensive income

-

-

(6,012)

(6,012)

Transfer to retained earnings from Revaluation Reserves

-

(10,800)

10,800

-

Deferred tax on transfer

-

3,240

-

3,240

Balance as at 30.06.2024

836,000

1,349,829

(837,821)

1,348,008

Balance as at 01.04.2025

836,000

1,327,106

(247,942)

1,915,164

Profit / (Loss) for the three months

-

-

50,321

50,321

Total comprehensive income

-

-

50,321

50,321

Transfer to retained earnings from Revaluation Reserves

-

(10,800)

10,800

-

Balance as at 30.06.2025

836,000

1,316,306

(186,821)

1,965,485

The notes on page 6 forms an integral part of these Financial Statements.

Figures in brackets indicate deductions or losses.

THE KINGSBURY PLC

Statement of Cash Flows

(All amounts in Sri Lanka Rupees thousands)

Unaudited

Unaudited

Audited

3 Months ended

3 Months ended

Year ended

30.06.2025

30.06.2024

31.03.2025

Operating activities

Cash generated from operations (Note A)

153,563

(102,296)

593,806

Interest paid

(34,249)

(47,852)

(163,532)

Retirement benefits paid

(4,964)

(2,770)

(12,138)

Net cash generated from /(used in) operating activities

114,350

(152,918)

418,136

Investing activities

Purchase of property plant & equipment

(35,019)

(27,633)

(151,587)

Purchase of intangible assets

-

(612)

(762)

Proceeds from disposal of property plant & equipment

290

1,124

2,065

Interest received

1,463

711

4,731

Net cash generated from/(used in) investing activities

(33,266)

(26,410)

(145,553)

Financing activities

Payments on interest-bearing borrowings

(99,193)

(96,404)

(402,804)

Payments on lease rent - capital portion

(3)

(2)

(10)

Net cash used in financing activities

(99,196)

(96,406)

(402,814)

Effect of exchange rate changes on cash & cash equivalents

(1,166) 1,052 (8,379)

Net increase/(decrease) in cash and cash equivalents

(19,278)

(274,682)

(138,611)

Movement in cash and cash equivalents (Note B)

At the begining

(292,493)

(153,882)

(153,882)

Net increase/(decrease) in cash and cash equivalents

(19,278)

(274,682)

(138,611)

At end of the Period

(311,771)

(428,564)

(292,493)

Note A

Unaudited

3 Months ended

30.06.2025

Unaudited

3 Months ended

30.06.2024

Audited

Year ended

31.03.2025

Cash flows from operating activities

Profit / (Loss) before tax

75,537

(12,128)

Adjustments for:

Finance Expenses

33,484

46,597

Finance Income

(1,463)

(711)

Net Foreign exchange (gain) / loss

1,166

(1,052)

Depreciation on property, plant & equipment

54,693

46,724

Amortization of Rights of use Asset

62

62

Amortization of intangible assets

1,365

1,386

Post employment benefit plans

12,541

12,542

Provision for Bad & Doubtful Debts

(741)

(874)

Loss on disposal of property, plant & equipment

183

7,749

Operating profit before working capital changes

176,827

100,295

(Increase)/Decrease in trade and other receivables

(133,888)

(211,274)

(Increase)/Decrease in inventories

(4,998)

10,717

Increase/(Decrease) in trade and other payables

115,622

(2,034)

Net Cash generated from/(used in) operations

153,563

(102,296)

162,267

(4,731)

8,379

214,111

247

5,660

29,419

(2,309)

1,524

954,154

(300,297)

25,334

(85,386)

593,806

Note B

Analysis of cash and cash equivalents

Cash & cash equivalents

132,629

65,013

Bank Overdraft

(444,400)

(493,577)

(311,771)

(428,564)

The notes on page 6 forms an integral part of these Financial Statements.

Figures in brackets indicate deductions.

95,743

(388,236)

(292,493)

THE KINGSBURY PLC

Notes to the Financial Statements

1

The Interim Financial Statements are unaudited and have been prepared in compliance with Sri Lanka Accounting Standard LKAS 34-Interim Financial Reporting. These Interim Financial Statements should be read in conjunction with the Annual Financial Statements for the year

ended 31stMarch 2025.

2

The accounting policies have been consistently applied by the Company and are consistent with those used in the financial year ended 31st

March 2025. The presentation and classification of the financial statements of the previous periods have been amended where relevant to be comparable with those of the current year.

3

The Statement of Financial Position of the Company as at 30th June 2025 and The Statement of Profit or Loss for the three months ended are

drawn up from the unaudited accounts of the Company and provides information required as per rule 8 of the Colombo Stock Exchange.

5

No circumstances have arisen since the Statement of Financial Position date, which would require adjustments to the Interim Financial

statements.

6

We confirm that there are no material contingent liabilities or contingent assets which require disclosure in the Interim Financial Statements

for the period of ended 30th June 2025.

No. of Shares

('000)

Stated Capital

Rs '000

As At 31st March 2025

484,000

836,000

As At 30th June 2025

484,000

836,000

4

Other income

30.06.2025

31.03.2025

(Rs.000)

(Rs.000)

(183)

(1,524)

898

21,876

715

20,352

Loss on disposal of property, plant and equipment

Sundry Income

7

Stated Capital

THE KINGSBURY PLC

Investor Information as at 30th June 2025

The market value of an Ordinary share recorded during the quarter

30.06.2025

30.06.2024

Highest price (Rs.)

13.30

11.80

Lowest price (Rs.)

10.90

10.00

Last Traded Price (Rs.)

12.90

10.10

Ratios

30.06.2025

30.06.2024

Basic Earnings per share (Rs.)

0.10

(0.01)

Net assets per share (Rs.)

4.06

2.79

Price earning ratio (Times)

124.08

(813.09)

Share trading information for the quarter

30.06.2025

No: of transactions

3,119

No: of shares traded

17,436,569

Value of shares traded (Rs.)

213,297,163

Top 20 Shareholders

Name of Shareholder

No. of Shares

%

1

Hayleys PLC No 3 Share Investment Account

174,614,114

36.08

2

Carbotels (Pvt) Limited

113,250,000

23.40

3

Employee'S Provident Fund

48,679,909

10.06

4

Mr. Kulappuarachchige Don Harindra Perera

15,096,347

3.12

5

Mr. Kulappu Arachchige Don Anurada Perera

13,346,626

2.76

6

Bank Of Ceylon-No2 A/C (BOC PFT)

9,000,000

1.86

7

Mr. Kulappuarachchige Don Dammika Perera

6,432,292

1.33

8

Renuka Hotels PLC

4,742,600

0.98

9

Renuka City Hotels PLC

4,520,600

0.93

10

Ceylinco Life Insurance Limited Account No.3 Shareholder's Fund

4,399,745

0.91

11

Renuka Consultants & Services Limited.

3,670,200

0.76

12

Mr. Narawala Gamage Mahinda

3,403,529

0.70

13

People's Leasing And Finance PLC/L.P.Hapangama

2,950,287

0.61

14

Mr. Amarakoon Mudiyanselage Weerasinghe

2,507,771

0.52

15

Mr. Gonalagodaghe Buwaneka Dinuwan Thilakaratne

2,500,000

0.52

16

Mr. Shiran Harsha Amarasekera

2,336,000

0.48

17

Cargo Boat Development Company Plc

2,020,200

0.42

18

Seylan Bank Plc/Andaradeniya Estate (Pvt) Ltd

1,700,000

0.35

19

Sampath Bank Plc/Mrs.Priyani Dharshini Ratnagopal

1,650,000

0.34

20

Mr. Addara Pathiranage Somasiri

1,500,000

0.31

418,320,220

86.43

Percentage of Public Shareholding

39.17%

Total No. of shareholders represent in the public holding

5,190

Float adjusted Market Capitalization (Rs)

2,464,521,722

Directors' shareholding as at 30th June 2025

Name of Director

No. of Shares

1

Mr. A.M. Pandithage

Nil

2

Mr. S.C. Ganegoda

125,000

3

Mrs. R.N. Ponnambalam

Nil

4

Mr. R.J. Karunarajah

Nil

5

Mr. T.A.B. Speldewinde

Nil

6

Ms. K.A. D. B. Perera

Nil

7

Mr. D.T.R. De Silva

Nil

8

Mr.A.J.Alles

Nil

9

Mr. T.M.Hewagama (Appointed on 28-04-2025)

Nil

10

Mr. N.J. De Silva Deva - Aditya (Retired w.e.f 25-06-2025)

Nil

THE KINGSBURY PLC

Corporate Information

Name Of Company

The Kingsbury PLC

Company Registration No

PQ 203

Legal Form

A Public Limited Company Incorporated in Sri Lanka on 04th May 1969

Registered Office

No. 48, Janadhipathi Mawatha

Colombo 01

Sri Lanka

Board Of Directors

Mr. A. M. Pandithage (Chairman)

Mr. R. J. Karunarajah (Managing Director)

Mr. N.J. De Silva Deva Aditya (Retired w.e.f 25 Jun 2025)

Mr. S. C. Ganegoda

Ms. R. N. Ponnambalam

Mr. T.A.B. Speldewinde

Ms. K.A. D. B. Perera

Mr. D.T.R. De Silva

Mr. A.J.Alles

Mr. T.M.Hewagama (Appointed on 28-04-2025)

Audit Committee

Mr. T. A. B. Speldewinde (Chairman)

Mr. D. T. R De Silva

Mr. A. J. Alles

Remuneration Committee

Mr. T. A. B. Speldewinde (Chairman)

Mr. D. T. R De Silva

Mr. A. J. Alles

Mr. S. C. Ganegoda

Nominations And Governance Committee

Mr. T. A. B. Speldewinde (Chairman)

Mr. D. T. R De Silva

Mr. A. J. Alles

Mr. S. C. Ganegoda

Related Party Transactions Review Committee

Mr. T. A. B. Speldewinde (Chairman)

Mr. D. T. R De Silva

Mr. A. J. Alles

Mr. S. C. Ganegoda

Secretaries

Hayleys Group Services (Private) Limited

No. 400, Deans Road

Colombo 10

+94 112 627 650-3 (4 lines)

Auditors

Ernst & Young

Chartered Accountants

Rotunda Towers,No 109,Galle Road, Colombo 03

Sri Lanka

Bankers

Hatton National Bank PLC

Bank of Ceylon

Nations Trust Bank PLC

Investor Relations

Please contact Sector Chief Financial Officer : Mr. Piyal Senadeera

+94 77 108 7703

Piyal.s@hayleysle isure.com