INTERIM FINANCIAL STATEMENTS
31ST DECEMBER 2021
ONA'LLY HOLDINGS PLC
Interim Financial Statements
Contents | Page | |
01 | Statement of Comprehensive Income | 1 |
02 | Statement of Financial Position | 2 |
03 | Statement of cash flow & Statement of Changes in Equity | 3 |
04 | Notes to the Interim Financial Statements | 4-5 |
ON'ALLY HOLDINGS PLC Statement of Comprehensive Income (all amounts in Sri Lanka Rupees)
3 months ended 31 December | 9 months ended 31 December | ||||
Oct- Dec | Oct- Dec | Apr- Dec | Apr- Dec | ||
2021 | 2020 | 2021 | 2020 | ||
Un-audited | Un-audited | Un-audited | Un-Audited | ||
(Rs'000) | (Rs'000) | (Rs'000) | (Rs'000) | ||
Turnover | 56,284 | 48,525 | 141,095 | 133,493 | |
Other operating income | 3,069 | 3,121 | 9,099 | 9,126 | |
Administrative expenses | (17,955) | (15,049) | (49,225) | (45,544) | |
Operating profit | 41,398 | 36,597 | 100,970 | 97,075 | |
Finance income | 12,911 | 11,533 | 35,474 | 39,362 | |
Profit before tax | 54,308 | 48,130 | 136,444 | 136,437 | |
Tax | (13,347) | (11,600) | (32,749) | (33,347) | |
Profit for the period | 40,961 | 36,530 | 103,695 | 103,089 | |
Other comprehensive income | |||||
Actuarial gain/loss on measurements of post | |||||
employment benefit obligations | 83 | (89) | 248 | 267 | |
Tax Effect on other comprehensive income | (20) | 25 | (60) | (75) | |
Total other comprehensive income-net of tax | 63 | (64) | 189 | 193 | |
Total comprehensive income | 41,024 | 36,466 | 103,883 | 103,282 | |
Earnings per share | 0.440 | 0.393 | 1.115 | 1.108 | |
Page 01
ON'ALLY HOLDINGS PLC
Statement of Financial Position | |||
(all amounts in Sri Lanka Rupees) | |||
as at 31/12/2021 | as at 31/03/2021 | ||
(Rs'000) | (Rs'000) | ||
Un-audited | Audited | ||
ASSETS | |||
Non - current assets | |||
Property, plant and equipment | 54,695 | 51,480 | |
Intangible assets | - | - | |
Investment property | 2,279,135 | 2,260,000 | |
2,333,830 | 2,311,480 | ||
Current Assets | |||
Trade receivables | 24,559 | 11,775 | |
Advances and other receivables | 41,758 | 14,740 | |
Short term investments | 136,644 | 55,266 | |
Cash and cash equivalents | 626,571 | 653,739 | |
829,532 | 735,520 | ||
Total assets | 3,163,362 | 3,047,000 | |
EQUITY AND LIABILITIES | |||
Capital and reserves | |||
Stated capital | 279,493 | 279,493 | |
Revaluation reserve | 42,851 | 42,851 | |
Retained earnings | 2,147,868 | 2,043,985 | |
2,470,212 | 2,366,329 | ||
Non- current liabilities | |||
Rental deposits | 36,731 | 28,579 | |
Retirement benefit obligations | 15,007 | 13,486 | |
Deferred Income tax liability | 542,267 | 542,774 | |
594,005 | 584,839 | ||
Current liabilities | |||
Rental deposits | 77,417 | 71,910 | |
Trade and other payables | 5,241 | 9,109 | |
Income tax payable | 16,487 | 14,813 | |
99,145 | 95,832 | ||
Total liabilities | 693,149 | 680,670 | |
Total equity and liabilities | 3,163,362 | 3,047,000 | |
Net asset value per share | 26.56 | 25.44 |
I certify that these financial statements have been prepared in compliance with the requirements of the Companies Act , No. 07 of 2017.
Sigd
Accountant
Approved and signed on behalf of the Board
Sigd | Sigd | |
Director | Director | |
Date : 25 January 2022 |
Page 02
ON'ALLY HOLDINGS PLC
Statement of Cash Flow
(all amounts in Sri Lanka Rupees) | |||
Nine months ended 31 December | |||
2021 | 2020 | ||
Un-Audited | Un-Audited | ||
(Rs'000) | (Rs'000) | ||
Net cash generated from operating activities | 79,093 | 104,706 | |
Net cash (used) in investing activities | (106,262) | 207,570 | |
Net cash generated in financing activities | - | (39,991) | |
Increase / (Decrease) in cash and cash equivalents | |||
(27,168) | 272,285 | ||
Movements in cash and cash equivalents | |||
At start of the period | 653,739 | 322,105 | |
Increase /(decrease) | (27,168) | 272,285 | |
At end of the period | 626,571 | 594,389 |
ON'ALLY HOLDINGS PLC Statement of Changes in Equity (all amounts in Sri Lanka Rupees)
Un-audited
Balance at 01 April 2020
Profit for the period
Other comprehensive income for the period
Total comprehensive income for the period
Dividend Paid 2020
Total transactions with owners, recognised directly in equity
Balance at 31 December 2020
Un-audited
Balance at 01 April 2021
Profit for the year
Other comprehensive income for the year
Total comprehensive income for the period
Dividend Paid
Total transactions with owners, recognised directly in equity
Balance at 31 December 2021
Stated | Revaluation | Retained | |
Capital | Reserve | Earnings | Total |
(Rs'000) | (Rs'000) | (Rs'000) | (Rs'000) |
279,493 | 34,906 | 1,841,815 | 2,156,214 |
- | - | 103,089 | 103,089 |
- | - | 193 | 193 |
- | - | 103,282 | 103,282 |
- | - | (39,991) | (39,991) |
- | - | (39,991) | (39,991) |
279,493 | 34,906 | 1,905,106 | 2,219,505 |
279,493 | 42,851 | 2,043,985 | 2,366,330 |
- | - | 103,695 | 103,695 |
- | - | 189 | 189 |
- | - | 103,883 | 103,883 |
- | - | - | - |
- | - | - | - |
279,493 | 42,851 | 2,147,869 | 2,470,213 |
Page 03
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