Ambeon : Interim Financial Statements for the period ended 31 March 2024

Interim Financial Statements

Year ended 31 March 2024

Domicile & Legal Form

Principal Activity & Nature of the Company

Company Reg. No.

Board of Directors

Secretaries & Registrars

Auditors

Bankers

Contact Details

Corporate Information

Ambeon Holdings PLC is a Public Limited Liability Company incorporated and domiciled in Sri Lanka. The

registered office of the Company is located at No. 10, 5th Floor, Gothami Road, Colombo 08. Quoted on the Colombo Stock Exchange on the 01st January 1970 and Incorporated in Sri Lanka on 29th December 1910.

Investment Holding and Managing Company

PQ 26
Mr. D. T. S. H. Mudalige	-	Chairman
Mr. A. L. Devasurendra	-	Deputy Chairman
Dr. K. S. Narangoda	-	Group CEO/Executive Director
Mr. A. G. Weerasinghe	-	Non-Executive Director
Mr. E. M. M. Boyagoda	-	Non-Executive Director
Mr. R. P. Pathirana	-	Non-Executive Director
Mr. S. L. Sebastian	-	Non-Executive Director

BUSINESS INTELLIGENCE (PVT) LTD

No.08, Tickell Road, Colombo 08.

ERNST & YOUNG

Chartered Accountants, No. 201, De Saram Place, Colombo 10.

Pan Asia Banking Corporation PLC

Nations Trust Bank PLC

Seylan Bank PLC

National Savings Bank

National Development Bank PLC

Peoples Bank

Standard Chartered Bank

Sampath Bank

Registered Office

No. 10, 5th Floor, Gothami Road, Colombo 08.

Telephone	- '[phone]
Fax	- '[phone]
Email	:[e-mail]
Website	:ambeonholdings.com

1

AMBEON HOLDINGS PLC AND ITS SUBSIDIARIES STATEMENT OF PROFIT OR LOSS

GROUP

COMPANY

For the Quarter Ended 31 March,

Continuing Operations

Revenue

Direct Cost

Gross Profit

Other Income

Selling and Distribution Expenses

Administrative Expenses

Change in Fair Value of Financial Assets measured at fair value through Profit or Loss

Gain/(Loss) From Disposal of subsidiaries

Change in Fair Value of Investment Property

Shares of Results of Equity Accounted Investee

Operating Profit/(Loss)

Finance Income

Finance Cost

Change in Fair Value of Investment in Subsidiary

Negative Goodwill on acquisition of subsidiary

Profit/(Loss) Before Tax from Continuing Operations

Income Tax Expense/(Reversal)

Profit/(Loss) for the Period from Continuing Operations Discontinued Operations

Profit/(Loss) after tax for the period from discontinued operations

Profit/(Loss) for the period

Profit/(Loss)Attributable to:

Equity Holders of the Company

Non - Controlling Interests

2024	2023	% Change
Un-Audited	Un-Audited
Rs 000	Rs 000
4,860,621	6,911,584	-30%
(4,139,401)	(5,287,982)	-22%
		-56%
721,219	1,623,602
4,636	89,832	-95%
(49,364)	(443,072)	-89%
(444,082)	(696,768)	-36%
232,151	(4,961)	-4780%
85,622	-	100%
330,300	198,578	-
26,128	-	100%
		18%
906,612	767,211
56,946	91,146	-38%
(80,903)	(273,060)	-70%
-	28,285	-100%
		44%
882,655	613,582
(324,069)	(290,004)	12%
		73%
558,587	323,578
(1,396)	-	100%
557,190	323,578	72%
442,346	172,982
114,844	150,597
557,190	323,579

2024

Un-Audited

Rs 000

169,263

-

169,263

-

-

(57,934)

112,466

(67,219)

-

-

156,576

-

(82)

355,185

-

511,679

(89,575)

422,104

(1,615)

420,488

	2023	% Change
	Un-Audited
	Rs 000
	190,470	-11%
	-	-
		-11%
	190,470
	-	-
	-	-
	(36,793)	57%
	6,035	1764%
	-	100%
	-	0%
		-2%
	159,712

• 0%
  (44,487) -100%

	505,629	-30%
	-
		-18%
	620,854
	(341,101)	-
		51%
	279,753
	-	100%
	279,753	50%

Earnings/(Loss) per share

Basic

Diluted

Earnings/(Loss) per share from Continuing Operations Basic

Diluted

The Notes form an integral part of these Financial Statements Figures in bracket indicate deductions

1.240.48

1.240.48

1.240.48

1.240.48

1.180.78

1.180.78

1.180.78

1.180.78

2

AMBEON HOLDINGS PLC AND ITS SUBSIDIARIES STATEMENT OF OTHER COMPREHENSIVE INCOME

GROUP

COMPANY

For the Quarter Ended 31 March,

Profit/ (Loss) for the Period

Other Comprehensive Income

Other Comprehensive Income to be Reclassified to Profit or Loss in Subsequent Year

Functional/Foreign Currency Translation Difference

Other Comprehensive Income to be Reclassified Not to Profit or Loss in Subsequent Year

Revaluation gain/Loss of land and building

Tax impact on revaluation gain

Change in Fair Value of Financial Assets measured at fair value through OCI Actuarial Gain/ (Loss) On Defined Benefit Plans

Tax on Actuarial Gain /(Loss) on Retirement Benefit Plan

Total Other Comprehensive Income for the Period, Net of Tax Total Comprehensive Income for the Period

Total Comprehensive Income Attributable to:

Equity Holders of the Company

Non - Controlling Interests

2024

Un-Audited

Rs 000

557,190

(12,164)

(12,164)

-

-

(52,748)

565

(52,183)

(64,347)

492,843

409,008

83,835

492,843

2023

Un-Audited

Rs 000

323,578

(44,706)

(44,706)

232,701

(59,966)

80,080

(26,340)

(37,185)

189,290

144,584

468,162

316,158

152,005

468,163

2024

Un-Audited

Rs 000

420,488

-

-

-

-

-

(686)

206

(480)

(480)

420,008

2023

Un-Audited

Rs 000

279,753

-

-

-

-

80,080

998

(299)

80,779

80,779

360,531

3

AMBEON HOLDINGS PLC AND ITS SUBSIDIARIES

STATEMENT OF PROFIT OR LOSS

For the Year Ended 31 March,

Continuing Operations

Revenue

Cost of Sales

Gross Profit

Other Income

Selling and Distribution Expenses

Administrative Expenses

Change in Fair Value of Financial Assets measured at fair value through Profit or Loss

Gain/(Loss) From Disposal of subsidiaries

Change in Fair Value of Investment Property

Shares of Results of Equity Accounted Investee

Gain on Bargain purchase

Operating Profit/(Loss)

Finance Income

Finance Cost

Change in Fair Value of Investment in Subsidiary

Profit/(Loss) Before Tax from Continuing Operations

Income Tax Expense

Profit/(Loss) for the Period from Continuing Operations Discontinued Operations

Profit/(Loss) after tax for the period from discontinued operations for the year

Profit/(Loss) for the period

Profit/(Loss) Attributable to:

Equity Holders of the Company

Non - Controlling Interests

Earnings/(Loss) per share

Basic

Diluted

Earnings/(Loss) per share from Continuing Operations Basic

Diluted

The Notes form an integral part of these Financial Statements Figures in bracket indicate deductions

	GROUP
2023/2024		2022/2023		% Change
	Un-Audited		Audited
	Rs 000		Rs 000
17,158,467		20,697,863	-17%
(12,064,576)		(14,931,616)	-19%
			-12%
	5,093,891		5,766,247
54,327		47,394	15%
(508,000)		(1,162,810)	-56%
(2,185,306)		(1,892,570)	15%
420,917		(80,369)	-624%
793,301		-	100%
330,300		150,552	-
105,094		5,945	100%
-		15,793	-100%
				44%
	4,104,523		2,850,184
378,428		479,945	-21%
(745,856)		(1,113,945)	-33%
-		-
3,737,095		2,216,184		69%
(683,869)		(571,014)	20%
			86%
	3,053,226		1,645,170
(213,886)		-	100%
			73%
	2,839,340		1,645,170
2,404,095		1,218,451
	435,245		426,718
	2,839,340		1,645,170

6.743.41

6.743.41

7.343.41

7.343.41

	COMPANY
	2023/2024		2022/2023	% Change
	Un-Audited		Audited
	Rs 000		Rs 000
	854,962		881,278	-3%
	-		-	-
				-3%
	854,962		881,278
	30,000		-	100%
	-		-	-
	(145,580)		(134,146)	9%
	216,368		(20,611)	-1150%
	9,913		-	100%
	-		-	-
	-		-	-
	-		-	-
				33%
	965,663		726,520
	-			-
	(23,250)		(196,085)	-88%
	355,185		225,914
	1,297,598		756,349	72%
	(89,575)		(257,896)	-65%
				142%
	1,208,023		498,453
	(216,355)		-	100%
				99%
	991,668		498,453

2.781.40

2.781.40

3.391.40

3.391.40

4

AMBEON HOLDINGS PLC AND ITS SUBSIDIARIES STATEMENT OF OTHER COMPREHENSIVE INCOME

GROUP

COMPANY

For the Year Ended 31 March,

Profit/ (Loss) for the Period

Other Comprehensive Income

Other Comprehensive Income to be Reclassified to Profit or Loss in Subsequent Year

Functional/ Foreign Currency Translation Difference

Other Comprehensive Income not to be Reclassified to Profit or Loss in Subsequent Periods

Revaluation gain/Loss of land and building

Tax impact on revaluation gain

Change in Fair Value of Financial Assets at Fair value through OCI Retirement Benefit Obligations Actuarial Gain / (Loss)

Actuarial Gain/ (Loss) On Defined Benefit Plans

Tax on Actuarial Gain /(Loss) on Retirement Benefit Plan

Total Other Comprehensive Income for the Period, Net of Tax Total Comprehensive Income for the Period

Total Comprehensive Income Attributable to:

Equity Holders of the Company

Non - Controlling Interests

2023/2024 Un-Audited Rs 000

2,839,340

(11,910)

(11,910)

-

-

-

(52,748)

565

(52,183)

(64,093)

2,775,247

2,370,886

404,361

2,775,247

2022/2023

Audited

Rs 000

1,645,170

(24,884)

(24,884)

279,569

(386,203)

42,021

-

(50,465)

11,059

(104,020)

(128,904)

1,516,266

1,150,127

366,138

1,516,266

2023/2024	2022/2023
Un-Audited	Audited
Rs 000	Rs 000
991,668	498,453

	-	-
	-		-
	-		-
	-		-

• 42,021

1. -

-	998
206	(300)

1. 42,719

1. 42,719

991,188		541,173

5

AMBEON HOLDINGS PLC AND ITS SUBSIDIARIES STATEMENT OF FINANCIAL POSITION

As at

ASSETS Non-Current Assets Property, Plant & Equipment Investment Property Intangible Assets

Right to use Asset Investment in Subsidiaries

Other Non Current Financial Assets Investment in Equity Accounted Investee Deferred Tax Asset

Current Assets

Inventories

Trade & Other Receivables

Other Financial Assets

Income Tax Recoverable

Cash & Cash Equivalents

Total Assets

EQUITY AND LIABILITIES

Equity

Stated Capital

Other Components of Equity

Retained Earnings

Equity Attributable to Equity Holders of the Parent

Non Controlling Interests

Total Equity

Non-Current Liabilities

Other Financial Liabilities

Interest Bearing Loans & Borrowings

Deferred Tax Liability

Employee Benefit Liabilities

Current Liabilities

Trade and Other Payables

Income Tax Payable

Contract Liability

Interest Bearing Loans & Borrowings

Total Equity and Liabilities

Net Assets Per Share (Rs.)

	GROUP
				31-Mar-23
	31-Mar-24
	Un-Audited		Audited
	Rs 000		Rs 000
687,668			2,948,133
1,043,650			2,780,296
1,188,258			1,255,621
371,516			463,109
-			-
7,806			646,486
1,130,378			41,874
	67,226			272,218
	4,496,501			8,407,736
1,415,693			3,222,233
9,981,062			10,040,636
7,170,516			3,435,274
17,407			29,233
	500,432			1,271,139
19,085,110			17,998,514
	23,581,611			26,406,251
	GROUP
5,331,775			5,331,775
87,473			1,105,033
	5,251,045			2,458,838
10,670,293			8,895,646
1,969,372			2,488,377
	12,639,664			11,384,023
348			969
464,546			994,768
454,131			1,237,338
	424,118			492,801
	1,343,144			2,725,876
3,587,536			4,591,579
362,284			476,350
1,681,267			2,703,967
	3,967,716			4,524,455
9,598,802			12,296,352
	23,581,611			26,406,251
29.90			24.93

COMPANY
			31-Mar-23
31-Mar-24
Un-Audited			Audited
Rs 000			Rs 000
1,853			4,381
-			-
4,134			5,148
-			-
4,393,656			8,054,085
-			199,463
983,409			-
-			-
5,383,052			8,263,076
-			-
2,273,673			1,606,839
2,950,034			751,579
-			23,512
49,379			19,534
5,273,086			2,401,464
10,656,139			10,664,541
COMPANY
5,331,775			5,331,775
3,320			(158,388)
4,722,415			4,499,614
10,057,510			9,673,001
-			-
10,057,510			9,673,001
348			969
-			52,800
467,175			449,301
11,139			8,352
478,662			511,422
72,338			69,629
47,628			-
-			-
-			410,489
119,966			480,118
10,656,139			10,664,541
28.18			27.11

Sgd.

Anuradha Ranganath

Head of Finance

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

Sgd.	Sgd.
D T S H Mudalige	K S Narangoda
Chairman	Group CEO/Executive Director
27 May 2024
Colombo
The notes form an integral part of these financial statements.
Figures in brackets indicate deductions

6

AMBEON HOLDINGS PLC AND ITS SUBSIDIARIES STATEMENT OF CHANGES IN EQUITY

				Attributable to Equity Holders of the Company
			Revenue	Currency/Excha	Fair Value	Revaluation	Foreign Currency	Retained		Non Controlling
GROUP	Stated Capital	Other reserves	Through OCI	Translation	Total	Interests
Reserevs	nege Hedge	Reserve	Earnings
			Reserve	Reserve
				Reserve
	Rs.000	Rs.000	Rs.000	Rs.000	Rs.000	Rs.000	Rs.000	Rs.000	Rs.000	Rs.000
Balance as at 31 March 2022 - (Audited)	5,331,775	3,100	220		(213,956)	1,283,072	12,472	2,502,523	8,919,207	1,704,149

Total Equity

Rs.000

10,623,355

Profit / (Loss) for the period	-	-	-	-	-	-	-	1,218,451	1,218,451	426,718
Other Comprehensive Income	-	-	-		42,021	(16,923)	(15,200)	(78,221)	(68,324)	(60,580)
Transactions with Non controlling Interest								(1,439)	(1,439)	340,074
Total Comprehensive Income for the Period					42,021	(16,923)	(15,200)	1,138,791	1,148,688	706,212
Dividends paid	-	-	-	-	-	-	-	(1,070,609)	(1,070,609)	-
Employee Stock Ownership Plan	-	-	-	-	-	-	-	(101,640)	(101,640)	106,559
Transfer from FVTOCI to Retained Earnings	-	-	-	-	10,227	-	-	(10,227)	-	-
Subsidiary Dividend to Minority Shareholders	-	-	-	-	-	-	-	-	-	(28,543)
Balance as at 31 March 2023 (Audited)	5,331,775	3,100	220		(161,708)	1,266,149	(2,728)	2,458,838	8,895,646	2,488,377

1,645,170

(128,904)

338,635

1,854,900

(1,070,609)

4,919

-

(28,543)

11,384,023

Profit / (Loss) for the period	-	-	-	-	-	-	-	2,404,095	2,404,095	435,245
Prior year adjustment								10,439	10,439	10,183
Other Comprehensive Income	-	-	-	-		-	(6,029)	(27,181)	(33,210)	(30,883)
Total Comprehensive Income for the Period	-	-	-	-			(6,029)	2,387,354	2,381,325	414,544
Dividend Paid	-	-	-	-	-	-	-	(606,678)	(606,678)	-
De-recognition of Non controlling interest due to Disposa	-	-	-	-	-	-	-	-	-	(897,550)
Transfer from FVTOCI to Retained Earnings	-	-	-	-	161,708	-	-	(161,708)	-	-
Subsidiary Dividend to Minority Shareholders	-	-	-	-	-	-	-	-	-	(36,000)
Revaluation transferred to Retained Earnings due to Disp	-	-	-	-	-	(1,173,239)	-	1,173,239	-	-
Balance as at 31 March 2024 (Un-Audited)	5,331,775	3,100	220	-	-	92,910	(8,757)	5,251,045	10,670,293	1,969,372

2,839,340

20,622

(64,093)

2,795,869

(606,678)

(897,550)

-

(36,000)

-

12,639,664

COMPANY	Stated Capital	Other Reserves	Revenue	Fair Value through	Retained Earnings
Reserevs	OCI Reserve
	Rs.000	Rs.000	Rs.000	Rs.000	Rs.000
Balance as at 31 March 2022 - (Audited)	5,331,775	3,100	220	(213,956)	5,081,298

Total Equity

Rs.000

10,202,437

Profit / (Loss) for the period	-	-	-	-	498,453
Other Comprehensive Income	-	-	-	42,021	698,412
Total Comprehensive Income for the Period	-	-	-	42,021	499,152
Transfer from FVTOCI to Retained Earnings	-	-	-	10,227	(10,227)
Dividend Paid		-	-	-	(1,070,609)
Balance as at 31 March 2023 (Audited)	5,331,775	3,100	220	(161,708)	4,499,614

498,453

42,719

541,172

-

(1,070,609)

9,673,001

Profit / (Loss) for the period	-	-	-	-	991,668
Other Comprehensive Income	-	-	-		(480)
Total Comprehensive Income for the Period	-	-			991,188
Dividends Paid	-	-	-	-	(606,678)
Transfer from FVTOCI to Retained Earnings	-	-	-	161,708	(161,708)
Balance as at 31 March 2024 -(Un-Audited)	5,331,775	3,100	220		4,722,415

991,668

(480)

991,188

(606,678)

-

10,057,510

7

AMBEON HOLDINGS PLC AND ITS SUBSIDIARIES CASH FLOW STATEMENT

For theYear Ended 31 March,

Cash flows From Operating Activities

Profit/(Loss) before tax from Continuing Operations

Loss before tax from Discontinuing Operations

Adjustment for

Depreciation Of Property Plant & Equipment

Impairment of Property Plant & Equipment

Amortisation of Intangible Assets

Amortisation of ROU Assets

Provision for Retirement Gratuity

Change in Fair Value of Financial Assets Measured at Fair Value Through profit or Loss

Interest Expense - Net Script/Cash Dividend Income Impairment of trade and other receivables Provision for Inventories

Allowance/(Reversal) for obsolete and slow Moving Inventories Share of Result of Equity Acconted Investee

Change in Fair Value Adjestment Of Investment Property Gain/Loss on fair valuation of investment in subsidiaries Provision of trade and other receivables

(Gain)/Loss on disposal of Subsidiary Gain on bargain purchase

(Profit)/Loss on Disposal Of Current Investment

Operating Profit before Working Capital Changes

(Increase)/Decrease in Inventories

(Increase)/Decrease in Trade & Other Receivables

Increase/(Decrease) in Deferred Income

Increase/(Decrease) in Trade & Other Payable

Cash Generated from Operations

Interest Paid

Income Tax Paid

WHT Paid

Retiring Gratuity Paid

Net Cash Flow from Operating Activities

Cash Flow from Investing Activities

Net Proceeds from Government Securities

Acquisition of Property, Plant & Equipment

Proceeds from disposal of Subsidiaries

Investment in Other Financial Investments

Investment in Subsidiaries

Proceeds/(Investment) In Current Investments,Net

Proceeds on Disposal of Property, Plant & Equipment

Proceed from Dividend Income

Net proceeds from Loans to Parent/Subsidiaries

Interest Income Received

Net Cash Flow from in Investing Activities

Cash Flow from Financing Activities

Proceeds from Interest Bearing Loans & Borrowings, net of payments Proceeds from Issue of shares to Non Controlling Interest Repayment of finance Lease

Dividend Paid to Non Controlling Interest/Shareholders Preference share interest paid

Net Cash Flow from Financing Activities

Net Increase/Decrease in Cash & Cash Equivalent during the pe

Cash & Cash Equivalents

Net foreign exchange difference

Net movement during the period

At the beginning of the period

At the end of the Period

GROUP		COMPANY
2023/2024		2022/2023	2023/2024		2022/2023
Un-Audited		Audited	Un-Audited		Audited
Rs.000		Rs.000	Rs.000		Rs.000
3,737,095		2,216,184	1,297,598		756,349
(213,886)		-	(216,355)		-
103,927		174,910	1,572		4,745
-		958	-		-
(24,319)		11,759	1,014		1,025
64,914		82,291	-		-
106,614		110,974	3,009		2,435
(420,917)		80,369	(216,368)		20,611
367,428		634,000	23,250		196,085
12,976		-	-		-
-		199,676	-		-
(11,246)		-	-		-
		(170,429)	-		-
(105,094)		(5,945)	-		-
(330,300)		(150,552)	-		-
-		-	(355,185)		(225,914)
53,202		-	-		-
(579,415)		-	206,442		(23,074)
-		(15,793)	-		-
(146,865)		(67,778)	(122,328)		(78,823)
2,614,115		3,100,624	622,649		653,439
393,369		(147,419)	-		-
(1,314,639)		(247,575)	(466,976)		129,719
(1,022,701)		624,964	-		-
(255,172)		(1,928,068)	2,709		21,211
414,972		1,402,525	158,382		804,368
(745,856)		(1,005,404)	(23,250)		(125,578)
(342,777)		(297,556)	(355)		-
-		-	-		181
(44,732)		(51,552)	(908)		(312,500)
(718,393)		48,013	133,870		678,659
(183,445)		(311,550)	(272,650)		(834,000)
2,313,975		201,439	2,827,159		201,439
638,680		389,289	-		(294,296)
-		(759,638)	-		-
(3,167,461)		-	(1,859,759)		353,516
-		669	56,673
(12,976)		-	-		-
-		754,355	-		981,339
378,428		479,945	-		-
(32,798)		754,510	967,185		1,241,164
635,693		33,801	(463,910)		(848,774)
-		4,919	-		-
-		(96,318)	-		-
(642,678)		(1,099,152)	(606,678)		(1,070,609)
(621)		-	(621)		-
(7,606)		(1,156,750)	(1,071,210)		(1,919,383)
(758,798)		(354,227)	29,845		78
(11,910)		(24,884)	-		-
(758,798)		(354,227)	29,845		78
1,271,139		1,650,250	19,534		19,456
500,432		1,271,139	49,379		19,534

8

AMBEON HOLDINGS PLC AND ITS SUBSIDIARIES

Notes to the Interim Consolidated Financial Statements

1. Basis of preparation

The Interim Consolidated Financial Statements for the year ended 31 March 2024 have been prepared in accordance with LKAS 34 - Interim Financial Reporting. The Interim Consolidated Financial Statements do not include all the information and disclosures required in the Annual Financial Statements, and should be read in conjunction with the Group's Audit Financial Statements as at 31 March 2023.

Where appropriate, certain financial statement line items have been reclassified to conform to the current period presentation.

2. Opearating Results - Segment Information
									Period Ended 31 March
		2024	2023	2024	2023	2024	2023			2024	2023	2024	2023	2024	2023	2024	2023
		Footwear			Manufacturing Porcelain			Investment	Property		IT and Related Services		Financial Services		Group Total
Rs.000' (Unaudited)
Total Revenue	-	-	1,362,903	5,912,058	783,625	566,410			69,906	78,046	13,236,541	13,838,030	1,710,016	303,319	17,162,991	20,697,863
Revenue		-	-		1,362,903	5,912,058			783,625	566,410			69,906	78,046		13,236,541	13,838,030		1,710,016	303,319		17,162,991	20,697,863
Results
Profit/(Loss) Before Net Finance Cost	(252)	87,651	61,167	1,236,534	1,788,518	418,662			487,167	(950)	389,879	1,131,820	1,378,044	6,854	4,104,523	2,880,572
Finance Cost (Net)		(30,420)	(62,925)	(299,414)	(16,078)	(125,578)			176,763	130,481	(305,681)	(512,280)	(159,508)	172,822	(367,428)	(664,389)
Profit /(Loss) Before Income Tax	(252)	57,231	(1,757)	937,120	1,772,440	293,084			663,930	129,531	84,198	619,540	1,218,535	179,676	3,737,095	2,216,183
Income Tax Expense		(30,002)	4,744	(190,386)	(102,845)	(16,196)			(213,822)	(146,533)	(293)	(122,518)	(371,653)	(65,379)	(683,869)	(571,013)
Profit /(Loss) After Tax		(252)	27,229		2,987	746,733			1,669,595	276,888			450,108	(17,001)		83,905	497,022		846,882	114,297		3,053,226	1,645,170
Profit/(Loss) From Discontinued Operation			-	-	(213,886)				-	-	-	-	-	-	(213,886)
Net Profit/ (Loss) for the Year		(252)	27,229	2,987	746,733	1,455,710	276,888			450,108	(17,001)	83,905	497,022	846,882	114,297	2,839,340	1,645,170
Equity Holders of the Parent																				2,404,095	1,218,451
Non-controlling interests																				435,245	426,718
																						2,839,340	1,645,170
							As at 31 March
Assets and Liabilities
Non-Current Assets	-	1,297,000	-	3,178,020	2,112,616	1,334,385			1,331,273	1,014,852	819,237	942,798	233,375	640,682	4,496,501	8,407,737
Current Assets	575	12,584	-	2,924,186	5,286,295	2,237,356			1,522,382	1,146,087	8,585,324	9,326,996	3,690,534	2,351,306	19,085,110	17,998,515
Total assets*		575	1,309,584	-	6,102,206	7,398,911	3,571,741			2,853,655	2,160,939	9,404,560	10,269,794	3,923,909	2,991,989	23,581,611	26,406,253
Non-Current Liabilities		389,100	-	1,223,458	64,008	61,096			232,705	123,030	974,572	894,866	71,858	34,325	1,343,144	2,725,877
Current Liabilities	3,533	80,169	-	1,631,863	113,438	313,166			89,611	176,216	7,077,796	8,034,456	2,314,424	2,060,481	9,598,802	12,296,352
Liabilities classified as held for sale	-	-	-	-	-	-			-		-	-	-	-	-
Total Liabilities **		3,533	469,269	-	2,855,321	177,447	374,262			322,316	299,246	8,052,368	8,929,322	2,386,282	2,094,806	10,941,945	15,022,228

Financial Performance - Business Segments

• Segment assets do not include investment in subsidiaries, investment in group preference shares and inter company current account balances. **Segment liabilities do not include group preference shares and inter company current account balances, including loan balances.

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