Resus Energy PlcCSELK: HPWR.N0000

Quarterly Financial Statements as of 31 March 2025

May 30, 2025 at 10:24 AM UTC · Issued by Resus Energy PLC

Resus Energy PLC

Interim Financial Report 04th Quarter 2024-2025

RESUS ENERGY PLC Interim Financial Report 04th Quarter 2024-2025 Provisional Financial Statements STATEMENT OF FINANCIAL POSITION - GROUP

	Un audited	Audited
ASSETS	31.03.2025 Rs.	31.03.2024 Rs.
Non-current assets
Property, plant and equipment	5,205,426,125	4,729,906,298
Right of use asset	21,819,377	27,979,001
Intangible assets	181,139,889	181,139,889
Deferred tax assets	595,615,042	637,666,147
	6,004,000,432	5,576,691,334
Current assets
Inventories	142,097,039	99,957,263
Trade and other receivables	458,506,357	518,461,951
Income tax recoverable	75,295	830,766
Cash and cash equivalents	63,637,095	26,214,357
	664,315,786	645,464,337
Total Assets	6,668,316,218	6,222,155,671
EQUITY AND LIABILITIES
Equity
Stated capital	967,483,260	967,483,260
Other components of equity	51,166,354	6,949,461
Retained earnings	1,494,139,500	1,371,205,904
Equity attributable to equity holders of the parent	2,512,789,114	2,345,638,625
Non-controlling interest	-	-
Total Equity	2,512,789,114	2,345,638,625
Non-current liabilities
Interest bearing loans and borrowings	2,316,910,785	2,252,856,849
Lease liability	22,007,495	24,871,746
Retirement benefit obligations	45,218,038	37,783,649
Deferred tax liabilities	260,904,338	213,273,958
	2,645,040,657	2,528,786,202
Current liabilities
Trade and other payables	193,487,365	109,428,420
Lease liability	3,690,270	4,986,270
Income tax liabilities	32,708,358	29,510,018
Interest bearing loans and borrowings	1,068,839,883	955,314,681
Bank overdrafts	211,760,570	248,491,455
	1,510,486,447	1,347,730,844
Total Equity and Liabilities	6,668,316,218	6,222,155,671
Net assets per share	27.05	25.11
The above figures are provisional and subject to audit.

These Financial Statements are in compliance with the requirements of the Companies Act No. 07 of 2007.

…………………………… R M S Tillakawardana Chief Financial Officer

The Board of Directors is responsible for the preparation and presentation of these Financial Statements. Signed for and on behalf of the Board by,

…………………………………… ……………………………….

H.A.S. Madanayake G.A.K. Nanayakkara

Chairman Managing Director

29th May 2025

RESUS ENERGY PLC Interim Financial Report 04th Quarter 2024-2025 Provisional Financial Statements STATEMENT OF FINANCIAL POSITION - COMPANY

	Un audited	Audited
ASSETS	31.03.2025 Rs.	31.03.2024 Rs.
Non-current assets
Property, plant and equipment	1,234,420,274	1,224,669,441
Right of use asset	381,317	5,453,218
Investments in subsidiaries	1,678,143,125	1,231,644,125
Intangible Assets	125,407,510	125,407,510
	3,038,352,226	2,587,174,294
Current assets
Inventories	11,290,403	14,581,724
Trade and other receivables	234,274,576	305,578,724
Income tax recoverable	75,262	830,691
Cash and cash equivalents	51,946,165	23,966,215
	297,586,406	344,957,353
Total Assets	3,335,938,632	2,932,131,647
EQUITY AND LIABILITIES
Equity
Stated capital	967,483,260	967,483,260
Other components of equity	49,111,103	5,194,210
Retained earnings	258,636,883	238,845,815
Equity attributable to equity holders of the parent	1,275,231,245	1,211,523,285
Non-controlling interest	-	-
Total Equity	1,275,231,245	1,211,523,285
Non-current liabilities
Interest bearing loans and borrowings	576,278,380	633,220,480
Lease liability	383,211	437,066
Retirement benefit obligations	42,892,649	36,193,650
Deferred tax liabilities	95,863,905	84,382,755
	715,418,145	754,233,950
Current liabilities
Trade and other payables	515,685,299	445,364,127
Lease liability	111,270	111,270
Income tax liabilities	5,483,373	18,175,517
Interest bearing loans and borrowings	674,204,613	318,911,013
Bank overdrafts	149,804,686	183,812,486
	1,345,289,241	966,374,413
Total Equity and Liabilities	3,335,938,632	2,932,131,647
Net assets per share	13.34	12.60
The above figures are provisional and subject to audit.

These Financial Statements are in compliance with the requirements of the Companies Act No. 07 of 2007.

……………………………

R M S Tillakawardana

Chief Financial Officer

The Board of Directors is responsible for the preparation and presentation of these Financial Statements. Signed for and on behalf of the Board by,

…………………………………… ……………………………….

H.A.S. Madanayake G.A.K. Nanayakkara

Chairman Managing Director

29th May 2025

RESUS ENERGY PLC

Interim Financial Report 04th Quarter 2024-2025 Provisional Financial Statements

STATEMENT OF PROFIT OR LOSS - GROUP

03 Months Ended 31st March

Year ended 31st March

		2025 Rs.	2024 Rs.	Change %	2025 Rs.	2024 Rs.	Change %
Revenue from contracts with customers		353,212,109	219,591,924	61	1,069,923,993	966,840,391	11
Billing under the standardized power purchase agreement	Note 03	-	152,309,508	(100)	171,393,612	152,309,508	13
Direct costs		(174,630,534)	(79,029,263)	(121)	(382,781,456)	(239,433,016)	(60)
Gross profit		178,581,574	292,872,170	(39)	858,536,149	879,716,883	(2)
Other operating income		19,797,994	14,649,393	35	21,332,386	14,649,393	46
Administrative expenses		(36,345,429)	(35,778,916)	(2)	(120,042,896)	(93,851,225)	(28)
Results from operating activities		162,034,140	271,742,647	(40)	759,825,639	800,515,051	(5)
Finance income		606,892	913,542	(34)	4,674,410	11,833,932	(60)
Finance cost		(101,761,241)	(155,497,507)	35	(395,152,383)	(547,421,139)	28
Profit/(loss) before tax		60,879,791	117,158,682	(48)	369,347,666	264,927,844	(39)
Tax expense	Note 06	(97,121,454)	108,954,661	(189)	(155,233,360)	108,954,661	(242)
Profit/(loss) for the period		(36,241,662)	226,113,343	(116)	214,114,306	373,882,505	(43)
Attributable to:
Equity holders of the parent		(36,241,662)	226,113,343	(116)	214,114,306	373,882,505	(43)
Non-controlling interest		-	-	-	-	-
		(36,241,662)	226,113,343	(116)	214,114,306	373,882,505	(43)
Earnings/(loss) per share - basic/diluted		(0.42)	2.62		2.48	4.34
Dividend per share		-	-		1.00	1.25
STATEMENT OF COMPREHENSIVE INCOME - GROUP 03 Months Ended 31st March Year ended 31st March
		2025	2024	Change %	2025	2024	Change %
		Rs.	Rs.		Rs.	Rs.
Profit/(loss) for the period		(36,241,662)	226,113,343	(116)	214,114,306	373,882,505	(43)
Other comprehensive income not to be reclassified
to profit or loss in subsequent periods
Remeasurement gain/(loss) on Defined Benefit Plans		(2,974,862)	(2,362,312)	(26)	(2,974,862)	(2,362,312)	(26)
Deferred tax effect on Actuarial gain/loss		892,459	708,693	26	892,459	708,693	26
Other comprensive income for the period. Net of tax		(2,082,403)	(1,653,618)	(26)	(2,082,403)	(1,653,618)	(26)
Total comprehensive income for the period, net of tax		(38,324,066)	224,459,724	(117)	212,031,903	372,228,887	(43)
Attributable to:
Equity holders of the parent		(38,324,066)	224,459,724	(117)	212,031,903	372,228,887	(43)
Non-controlling interest		-	-	-	-	-	-
		(38,324,066)	224,459,724	(117)	212,031,903	372,228,887	(43)
Figures in brackets indicate deductions.
The above figures are provisional and subject to audit.

RESUS ENERGY PLC

Interim Financial Report 04th Quarter 2024-2025 Provisional Financial Statements

STATEMENT OF PROFIT OR LOSS - COMPANY

		03 Months Ende 2025 Rs.	d 31st March 2024 Rs.	Change %	Year Ended 2025 Rs.	31st March 2024 Rs.	Chang	e %
Revenue from contracts with customers		64,102,665	69,549,630	(8)	345,762,795	403,764,321		(14)
Billing under the standardized power purchase agreement	Note 03	-	94,916,964	(100)	65,032,572	94,916,964		(31)
Direct costs		(24,682,732)	(32,458,019)	24	(97,418,876)	(100,525,011)		3
Gross profit		39,419,933	132,008,575	(70)	313,376,491	398,156,274		(21)
Other operating income		4,821,824	6,076,673	(21)	91,328,274	114,507,138		(20)
Administrative expenses		(29,135,818)	(29,077,062)	0	(98,983,653)	(78,742,775)		(26)
Results from operating activities		15,105,939	109,008,186	(86)	305,721,112	433,920,637		(30)
Finance income		601,364	908,705	(34)	4,653,761	11,826,345		(61)
Finance cost		(43,892,551)	(65,276,892)	33	(175,007,938)	(234,943,450)		26
Profit/(loss) before tax		(28,185,248)	44,639,999	(163)	135,366,935	210,803,531		(36)
Tax expense	Note 06	(9,177,877)	(40,786,370)	77	(27,391,289)	(40,786,370)		33
Profit/(loss) for the period		(37,363,125)	3,853,629	(1,070)	107,975,646	170,017,161		(36)
Attributable to:
Equity holders of the parent		(37,363,125)	3,853,629	(1,070)	107,975,646	170,017,161		(36)
Non-controlling interest		-	-	-	-	-	-
		(37,363,125)	3,853,629	(1,070)	107,975,646	170,017,161		(36)
Earnings/(loss) per share - basic/diluted		(0.43)	0.27		1.25	0.60
Dividend per share		-	-		1.00	1.25
STATEMENT OF COMPREHENSIVE INCOME - COMPANY 03 Months Ended 31st March Year Ended 31st March
		2025	2024	Change %	2025	2024	Change %
		Rs.	Rs.		Rs.	Rs.
Profit/(loss) for the period		(37,363,125)	3,853,629	(1,070)	107,975,646	170,017,161	(36)
Other comprehensive income not to be reclassified
to profit or loss in subsequent periods
Remeasurement gain/(loss) on Defined Benefit Plans		(2,856,787)	(2,232,137)	(28)	(2,856,787)	(2,232,137)	(28)
Deferred tax effect on Actuarial gain/loss		857,036	669,641	28	857,036	669,641	28
Other comprensive income for the period. Net of tax		(1,999,751)	(1,562,496)	(28)	(1,999,751)	(1,562,496)	(28)
Total comprehensive income for the period, net of tax		(39,362,876)	2,291,133	(1,818)	105,975,895	168,454,666	(37)
Attributable to:
Equity holders of the parent		(39,362,876)	2,291,133	(1,818)	105,975,895	168,454,666	(37)
Non-controlling interest		-	-	-	-	-	-
		(39,362,876)	2,291,133	(1,818)	105,975,895	168,454,666	(37)
Figures in brackets indicate deductions.
The above figures are provisional and subject to audit.

RESUS ENERGY PLC

Interim Financial Report 04th Quarter 2024-2025 Provisional Financial Statements

STATEMENT OF CHANGES IN EQUITY - GROUP

Attributable to equity holders of the parent
	Stated capital		Revaluation reserve		Other compon Retained earnings	ents of equity Total	Non-controlling interest	Total equity
Year ended at 31st March 2025	Rs.		Rs.		Rs.	Rs.	Rs.	Rs.
Balance as at 1st April 2024	967,483,260		6,949,461		1,371,205,904	2,345,638,625	-	2,345,638,625
Profit for the period	-		-		214,114,306	214,114,306	-	214,114,306
Other comprehensive income	-		-		(2,082,403)	(2,082,403)	-	(2,082,403)
Revaluation gain / (Loss)	-		44,216,893		-	44,216,893	-	44,216,893
Adjustments through Equity	-		-		(2,913,480)	(2,913,480)	-	(2,913,480)
Total comprehensive income for the period	-	44,216,893		209,118,423 253,335,315 - 253,335,315
Transactions with equity holders
Cash Dividend paid - interim 2024/25	-		-	(86,184,827)		(86,184,827)	-	(86,184,827)
Balance as at 31st March 2025	967,483,260		51,166,354	1,494,139,500		2,512,789,114	-	2,512,789,114
Attributable to equity holders of the parent
Year ended 31st March 2024	Stated capital Rs.		Revaluation reserve Rs.		Other compon Retained earnings Rs.	ents of equity Total Rs.	Non-controlling interest Rs.	Total equity Rs.
Balance as at 1st April 2023	967,483,260		6,949,461		1,106,708,051	2,081,140,772	-	2,081,140,772
Profit for the period	-		-		373,882,505	373,882,505	-	373,882,505
Other comprehensive income	-		-		(1,653,618)	(1,653,618)	-	(1,653,618)
Total comprehensive income for the period	967,483,260	6,949,461		1,478,936,938 2,453,369,659 - 2,453,369,659
Transactions with equity holders
Cash Dividend paid - interim 2023/24	-		-		(107,731,034)	(107,731,034)	-	(107,731,034)
Balance as at 31st March 2024	967,483,260		6,949,461		1,371,205,904	2,345,638,625	-	2,345,638,625
Figures in brackets indicate deductions.
The above figures are provisional and subject to audit.

RESUS ENERGY PLC Interim Financial Report 04th Quarter 2024-2025 Provisional Financial Statements STATEMENT OF CHANGES IN EQUITY - COMPANY

Attributable to equity holders of the parent Other components of equity

Stated Revaluation Retained Total

capital reserve earnings equity

Year ended 31st March 2025 Rs. Rs. Rs. Rs.

Balance as at 1st April 2024 967,483,260 5,194,210 238,845,815 1,211,523,285

Profit for the period - - 107,975,646 107,975,646

Revaluation gain / (Loss) - 43,916,893 - 43,916,893

Other comprehensive income - - (1,999,751) (1,999,751) Total comprehensive income for the period - 43,916,893 105,975,895 149,892,788 Transactions with equity holders

Cash Dividend paid - interim 2024/25 - - (86,184,827) (86,184,827)

Balance as at 31st March 2025 967,483,260 49,111,103 258,636,883 1,275,231,246

Attributable to equity holders of the parent

	Stated capital	Other comp Revaluation reserve	onents of equity Retained earnings	Total equity
Year ended 31st March 2024	Rs.	Rs.	Rs.	Rs.
Balance as at 1st April 2023	967,483,260	5,194,210	178,122,183	1,150,799,653
Profit for the period	-	-	170,017,162	170,017,162
Other comprehensive income	-	-	(1,562,496)	(1,562,496)
Total comprehensive income for the period	967,483,260 5,194,210		346,576,849	1,319,254,319

Transactions with equity holders

Cash Dividend paid - interim 2023/24 - - (107,731,034) (107,731,034)

Balance as at 31st March 2024 967,483,260 5,194,210 238,845,815 1,211,523,285

Figures in brackets indicate deductions.

The above figures are provisional and subject to audit.

RESUS ENERGY PLC
Interim Financial Report 04th Quarter 2024-2025
Provisional Financial Statements
STATEMENT OF CASH FLOW - GROUP
For the Year Ended 31st March	2025	2024
	Rs.	Rs.
Cash generated from/(used in) operating activities Profit/(loss) before tax	369,347,666	264,927,844
Adjustments for; Depreciation	123,962,626	115,186,138
Depreciation of Right of use Assets	6,458,457	4,013,425
Provision for Defined Benefit Plan	7,845,347	7,474,313
Finance Cost	392,833,895	544,021,333
Finance charges on lease liability	2,954,652	3,399,806
(Profit)/Loss on sale of fixed assets	18,434	-
Adjustments to the ROU Asset	(298,833)	-
Previous Year Adjustments	(2,913,480)	-
Finance Income	(4,674,410)	(11,833,932)
Operating profit before working capital changes	895,534,354	927,188,928
Decrease / ( increase ) in inventories	(42,139,776)	(82,538,699)
Decrease / ( increase ) in trade and other receivable	60,711,065	644,271,193
(Decrease) / Increase in trade and other payables	84,058,945	46,585,806
Cash generated from/(used in) operating activities	998,164,587	1,535,507,229
Finance cost paid	(402,761,243)	(516,787,585)
Gratuity paid	(3,385,820)	(479,252)
Income tax paid	(41,680,664)	(5,990,739)
Net cash generated from/(used in) operating activities	550,336,861	1,012,249,653
Cash flows from/(used in) investing activities (Acquisition) / Reversals of property, plant and equipment	(550,845,414)	(416,002,289)
Finance income received	4,674,410	11,833,932
Net cash used in investing activities	(546,171,004)	(404,168,357)
Cash flows from/(used in) financing activities Repayment of Lease rental	(7,114,902)	(14,912,897)
Proceeds from interest bearing loans and borrowings	956,000,000	-
Repayments of interest bearing loans and borrowings	(777,500,673)	(337,779,655)
Dividend Paid	(86,184,827)	(107,731,034)
Tax on dividends paid by subsidiaries	(15,211,833)	(19,134,788)
Net cash (used in)/generated from financing activities	69,987,765	(479,558,374)
Net decrease in cash and cash equivalents	74,153,622	128,522,922
Cash and cash equivalents at the beginning of the period	(222,277,098)	(350,800,019)
Cash and Cash equivalents at the end of the period	(148,123,476)	(222,277,097)
Analysis of cash and cash equivalents;
Cash and cash equivalents	63,637,095	26,214,357
Bank overdrafts	(211,760,570)	(248,491,455)
Cash and cash equivalents at the end of the period for the purpose of statement of cash Flow	(148,123,476)	(222,277,097)
Figures in brackets indicate deductions.
The above figures are provisional and subject to audit.

RESUS ENERGY PLC
Interim Financial Report 04th Quarter 2024-2025
Provisional Financial Statements
STATEMENT OF CASH FLOW - COMPANY
For the Year Ended 31st March	2025	2024
	Rs.	Rs.
Cash generated from/(used in) operating activities Profit/(loss) before tax	135,366,935	210,803,531
Adjustments for; Depreciation	37,826,667	38,145,091
Depreciation of Right of use Asset	5,071,901	2,601,967
Provision for Defined Benefit Plan	7,228,032	6,736,963
Finance Cost	174,950,522	234,508,265
Finance charges on lease liability	57,416	435,185
(Profit)/Loss on sale of fixed assets	18,434	-
Finance Income	(4,653,761)	(11,826,345)
Operating profit before working capital changes	355,866,146	481,404,657
Decrease / ( increase ) in inventories	3,291,321	(3,079,843)
Decrease / ( increase ) in trade and other receivable	(374,935,889)	86,938,768
Increase/(decrease) in trade and other payables	70,321,172	251,906,070
Cash generated from/(used in) operating activities	54,542,750	817,169,652
Finance cost paid	(173,802,567)	(306,724,863)
Income tax paid	(23,723,721)	-
Gratuity paid	(3,385,820)	(479,252)
Net cash generated from/(used in) operating activities	(146,369,358)	509,965,537
Cash flows from/(used in) investing activities Acquisition of property, plant and equipment	(3,679,042)	(140,116,524)
Finance income received	4,653,761	11,826,345
Net cash used in investing activities	974,719	(128,290,179)
Cash flows from/(used in) financing activities
Proceeds from interest bearing loans and borrowings	438,000,000	-
Lease rental paid	(111,271)	(8,852,897)
Repayments of interest bearing loans and borrowings	(144,321,513)	(185,734,196)
Dividends Paid - Ordinary Shares	(86,184,827)	(107,731,034)
Net cash (used in)/generated from financing activities	207,382,389	(302,318,127)
Net decrease in cash and cash equivalents	61,987,750	79,357,231
Cash and cash equivalents at the beginning of the period	(159,846,271)	(239,203,503)
Cash and Cash equivalents at the end of the period	(97,858,521)	(159,846,271)
Analysis of cash and cash equivalents;
Cash and cash equivalents	51,946,165	23,966,215
Bank overdrafts	(149,804,686)	(183,812,486)
Cash and cash equivalents at the end of the period for the purpose of statement of cash Flow	(97,858,521)	(159,846,271)
Figures in brackets indicate deductions.
The above figures are provisional and subject to audit.

RESUS ENERGY PLC

Interim Financial Report 04th Quarter 2024-2025

Operating Segment Information
For the Year ended 31st March 2025	Hydro Power		Solar Power		Other		Eliminations/ Adjustments		Total
	2025	2024	2025	2024	2025	2024	2025	2024	2025	2024
	Rs.	Rs.	Rs.	Rs.	Rs.	Rs.	Rs.	Rs.	Rs.	Rs.
Revenue from contracts with customers	693,402,224	753,543,700	243,816,514	212,680,191	132,705,254	616,500	-	-	1,069,923,993	966,840,391
Billing Under the Standard Power purchase Agreement	135,629,256	152,309,508	35,764,356	-	-	-	-	-	171,393,612	152,309,508
Direct costs	(187,855,462)	(182,912,767)	(63,795,123)	(56,520,249)	(131,130,871)	-	-	-	(382,781,456)	(239,433,016)
Gross profit	641,176,019	722,940,441	215,785,748	156,159,942	1,574,383	616,500	-		858,536,149	879,716,883
Other operating income	21,332,386	14,649,393	-	-	-	-	-	-	21,332,386	14,649,393
Administrative expenses	(107,322,576)	(86,441,299)	(11,735,175)	(7,188,862)	(985,145)	(221,063)			(120,042,896)	(93,851,225)
Results from operating activities	555,185,829	651,148,535	204,050,572	148,971,080	589,238	395,437	-	-	759,825,639	800,515,051
Finance income	4,674,286	11,833,932	124	-	-	-	-	-	4,674,410	11,833,932
Finance cost	(284,752,293)	(431,922,301)	(110,400,091)	(115,498,838)	-	-	-	-	(395,152,383)	(547,421,139)
Profit/(loss) before tax	275,107,823	231,060,165	93,650,606	33,472,242	589,238	395,437	-	-	369,347,666	264,927,844
Tax (expense)/Reversal	(138,462,166)	(93,141,371)	(16,594,423)	202,096,032	(176,771)	-			(155,233,360)	108,954,661
Profit/(loss) for the period	136,645,657	137,918,793	77,056,183	235,568,274	412,466	395,437	-	-	214,114,306	373,882,505

Assets & Liabilities
Total Current Assets	1,091,576,147	936,075,511	199,080,375	190,580,048	67,616,676	10,086,889	(693,957,413)	(491,278,110)	664,315,786	645,464,337
Total Non Current Assets	3,248,507,149	3,306,175,417	2,761,775,151	2,276,960,984	163,200	-	(6,445,067)	(6,445,067)	6,004,000,432	5,576,691,334
Total Assets	4,340,083,296	4,242,250,928	2,960,855,526	2,467,541,032	67,779,876	10,086,889	(700,402,480)	(497,723,177)	6,668,316,218	6,222,155,671
Total Current Liabilities	1,707,620,571	1,560,947,347	435,940,868	278,061,607	60,882,420	-	(693,957,413)	(491,278,110)	1,510,486,447	1,347,730,844
Total Non Current Liabilities	1,833,421,351	1,564,416,003	811,619,305	963,863,527	-	506,672	-	-	2,645,040,656	2,528,786,202
Total Liabilities	3,541,041,923	3,125,363,350	1,247,560,173	1,241,925,134	60,882,420	506,672	(693,957,413)	(491,278,110)	4,155,527,103	3,876,517,046

RESUS ENERGY PLC

Interim Financial Report 04th Quarter 2024-2025 Provisional Financial Statements SHARE INFORMATION AS AT 31 MARCH

1	Market Price per Share	2025 Rs.	2024 Rs.
	Highest	32.50	18.70
	Lowest	17.50	11.40
	Closing	26.50	17.80
	Last Traded Price	26.50	17.70
	No of ordinary Shares	86,184,827	86,184,827
	Market Capitalization on 31st March	2,283,897,916	1,534,089,921

The percentage of shares held by the public as at 31st March 2025 was 34.69% (31st March 2024 - 34.69%) The number of public share holders as at 31st March 2025 was 3002 (31st March 2024-2,924)
Float adjusted market capitalization (Rs.) 792,169,992
The Company complies with option 5 of the Listing Rules 7.13.1 (a) - Less than Rs. 2.5 Bn Float Adjusted Market Capitalization whic requires 20% minimum Public Holding.
Shares of the Company were listed on the Colombo Stock Exchange on 8th October 2009

4 The number of shares held by the Board of Directors are as follows
As at	31.03.2025	31.03.2024
Mr. H. A. S. Madanayake - Chairman	-	-
Mr. G. A. K. Nanayakkara (Managing Director)	165,319	165,319
Prof. K. A. M. K. Ranasinghe (Resigned)	147	147
Prof. N. D Gunawardena	-	-
Mr. U. P. Egalahewa	-	-
MRS. D.C.G Atukorale (D. C. Abeyawardena)	41,881	41,881
Mr. K. P. P. M Amarasiri	- 207,347	- 207,347
5 Twenty major shareholders of the Company are as follows;
31.03.2025 No. of Shares		%	31.03.2024 No. of Shares
1 Trydan Partners (Pvt) Ltd	28,042,146	32.54%	28,042,146
2 ACL Cables PLC	28,033,101	32.53%	28,033,101
3 Winsland Reality (Pvt) Ltd	3,818,242	4.43%
4 Employees Trust Fund	2,984,658	3.46%	3,291,274
5 Kalin Holdings (Pvt) Ltd	2,314,394	2.69%
6 Deutsche Bank AG - National Equity Fund	1,149,360	1.33%
7 Asia Securities (Pvt) Ltd	1,000,000	1.16%
8 P. Ramesh Periyasami	999,998	1.16%
9 DFCC Bank / MR. P. PRANAVAN	500,000	0.58%	325,000
10 D N P Ratnayake	500,000	0.58%
11 Mr. S Vasudevan Subramaniam	500,000	0.58%	1,356,204
12 K.C Vignarajah	454,880	0.53%	516,375
13 Miss. S. Durga Sithampalam	403,705	0.47%	403,705
14 ACE Power Generation Matara (Pvt) Ltd	304,260	0.35%	304,260
15 Tangerine Tours (Pvt) Ltd	283,540	0.33%	283,540
16 People's Leasing & Finance PLC / M E Amarasinghe	275,226	0.32%
17 Harnam Holdings SDN BHD	257,782	0.30%
18 Sandwave Limited	255,000	0.30%
19 MBSL Insurance Company Limited	254,971	0.30%	254,971
20 W A A P Wickramasinghe	243,431	0.28%
	72,574,694	84%
Shares held by the balance shareholders	13,610,133	16%
Total Issued Shares	86,184,827	100%	86,184,827

RESUS ENERGY PLC

Interim Financial Report 04th Quarter 2024-2025 Provisional Financial Statements

EXPLANATORY NOTES TO THE INTERIM FINANCIAL STATEMENTS

Basis of preparation
The condensed interim financial statements have been prepared in accordance with Sri Lanka Accounting Standard LKAS-34, Interim Financial Reporting. The condensed interim financial statements should be read in conjunction with the annual financial statements for the year ended 31stMarch 2024, including the changes to accounting policies as a result of convergence to revised Sri Lanka Accounting Standards (SLFRSs/LKASs).
Further, provisions of the Companies Act No. 7 of 2007 have been considered in preparing the interim financial statements.
Changes in accounting policies
The accounting policies adopted in the preparation of the interim condensed consolidated financial statements are consistent with those followed in the preparation of the Group's annual consolidated financial statements for the year ended 31stMarch 2024.
Billing under the Standard Power Purchase Agreement
The group/company has recorded the additional payment received from Ceylon Electricity Board for invoice settlement delays as "Billing under the standardized power purchase agreement" which were recorded and billed as per the provisions of the standardized power purchase Agreement with CEB.
Contingencies
The Tax Appeal Commission issued its determination related to year of assessments 2012/13 & 2013/14, ruling against the Company. The Company has appealed to the Court of Appeal against the determination.There have been no material changes to the contingencies disclosed in the annual audited financial statements for the year ended 31st March 2024.

Information of Debentures

Type Issue Date Tenure Interest Rate Coupon Rate 31/03/2025

Face Value 31/03/2025

Issue Price (LKR)

Issued Quantity Total price

A 30/03/2022 3 Years (2022/2025) Floating Rate of AWPLR +1.75% 10.81%	100.00	100	2,080,600	208,060,000
B 30/03/2022 5 Years (2022/2027) Floating Rate of AWPLR +2.25% 11.31%	100.00	100	4,032,900	403,290,000

p.a payable quarterly

6,113,500 611,350,000

All debentures are unsecured. Company has not had any default of Interest or other liabilities related to all the liabilities during the Period. Company Debentures were not traded for the quarter ended 31st March 2025.

The company Redeemed Type A Debentures amount of LKR 208,060,000 on 3rd April 2025.

Tax Expense

Group Company

2025 2024 2025 2024

Rs. Rs. Rs. Rs.

Current tax expense	45,333,174	25,341,607	11,031,577	18,175,517
Under/(Over) provision of current taxes in respect of prior year	4,114,410	4,671,119	4,021,525	-
Tax on dividend paid by subsidiaries	15,211,833	19,134,788	-	-
Deferred tax charge/(release)	90,573,942 (158,102,174)		12,338,187 22,610,853
Total tax expense/(Release) included in statement of profit or loss	155,233,360 46,278,699		27,391,289 40,786,370

During the financial year 2023/24, the Group recognised a net deferred tax reversal amounting to LKR 158,102,174, arising from the creation of tax losses due to the enhanced capital allowance claimed under the Inland Revenue Act No 24 of 2027. The reversal was recognised as it was probable that sufficient future taxable profits would be available against which the deductible temporary differences and tax losses could be utilised.

Events after the reporting period

There have been no material events occurring after the reporting period that require adjustments to or disclosure in the financial statements.

RESUS ENERGY PLC

Interim Financial Report 04th Quarter 2024-2025

CORPORATE INFORMATION

Legal Form

Quoted Public Company with limited liability,

the ordinary shares of the Company were listed on the Colombo Stock Exchange on 8th October 2009

Date of Incorporation

11 June 2003

Date of Re-Registration under the Companies Act No 7 of 2007

11 September 2007

Company Registration Number

PV 415 PB PQ

Accounting Year End

31 March

Registered Office

No. 250/1,

Torrington Avenue, Colombo 7, Sri Lanka.

Telephone: +94-11-7731731

Facsimile: +94-11-7731555

Directors

Mr. H A S Madanayake - Non-Executive Chairman Mr. G A K Nanayakkara - Managing Director

Professor N D Gunawardena - Independent Non-Executive Director

Professor K A M K Ranasinghe - Independent Non-Executive Director (Resigned w.e.f 31st December 2024) Mr. U P Egalahewa PC - Non-Executive Director

Ms. D C Abeyawardena -Independent Non-Executive Director Mr. K P P M Amarasiri -Non Executive Director

Audit Committee

Ms. D C Abeyawardena - Chairman Professor N D Gunawardena

Mr. U P Egalahewa PC

Remuneration Committee

Ms. D C Abeyawardena - Chairman Professor N D Gunawardena

Mr. U P Egalahewa PC Mr. H A S Madanayake

Nominations and Governance Committee Ms. D C Abeyawardena - Chairman Professor N D Gunawardena

Mr. U P Egalahewa PC Mr. H A S Madanayake

Related Party Transactions Review Committee

Professor N D Gunawardena - Chairman Mr. U P Egalahewa PC

Ms. D C Abeyawardena Mr. G A K Nanayakkara

Secretaries

Nexia Corporate Consultants (Private) Limited No. 181, Nawala Road, Narahenpita, Colombo 5. Tel : 0112368154

Fax : 0112368621

Registrars

S S P Corporate Services (Private) Limited No. 101, Inner Flower Road, Colombo 3. Tel : 0112573894

Auditors

Ernst & Young Chartered Accountants

Rotunda Towers, 109, Galle Road, Colombo 03

Bankers

Commercial Bank of Ceylon PLC DFCC Bank PLC

Pan Asia Banking Corporation PLC Hatton National Bank PLC

Seylan Bank PLC Nations Trust Bank PLC Sampath Bank PLC

National Development Bank PLC

Investor Relations

RESUS Energy PLC

No 250/1, Torrington Avenue, Colombo 07

Sri Lanka

Telephone : +(94) 11 7731731

Facsimile : +(94) 11 7731555

NOTES