CENTRAL INDUSTRIES PLC
(Company Reg.No. PQ 121)
INTERIM CONDENSED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31ST MARCH 2022
(UNAUDITED)
CENTRAL INDUSTRIES PLC
INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
Group | Company | |||||||||||
FOR THE YEAR ENDED | 31/03/22 | 31/03/21 | Change | 31/03/22 | 31/03/21 | Change | ||||||
Rs.'000 | Rs.'000 | % | Rs.'000 | Rs.'000 | % | |||||||
Revenue | 6,731,883 | 4,122,942 | 63 | 6,731,883 | 4,122,942 | 63 | ||||||
Cost of Sales | (5,324,800) | (3,326,602) | 60 | (5,324,800) | (3,326,602) | 60 | ||||||
Gross Profit | 1,407,083 | 796,340 | 77 | 1,407,083 | 796,340 | 77 | ||||||
Other Income | 2,239 | 8,601 | (74) | 2,239 | 8,601 | (74) | ||||||
Selling and Distribution Expenses | (245,390) | (224,826) | 9 | (245,390) | (224,826) | 9 | ||||||
Administrative Expenses | (127,874) | (113,780) | 12 | (127,732) | (113,378) | 13 | ||||||
Operating Profit | 1,036,058 | 466,335 | 122 | 1,036,200 | 466,737 | 122 | ||||||
Finance Income | 41,549 | 21,188 | 96 | 41,572 | 21,117 | 97 | ||||||
Finance Cost | (401,969) | (18,225) | 2,106 | (402,283) | (18,664) | 2,055 | ||||||
Net Finance Income / (Cost) | (360,420) | 2,963 | (360,711) | 2,453 | ||||||||
Profit Before Taxation | 675,638 | 469,298 | 44 | 675,489 | 469,190 | 44 | ||||||
Income Tax Expenses | (173,544) | (66,185) | 162 | (173,497) | (66,153) | 162 | ||||||
Profit for the Year | 502,094 | 403,113 | 25 | 501,992 | 403,037 | 25 | ||||||
Other Comprehensive Income | ||||||||||||
Acturial Gain / (Loss) on Defined Benefit Obligations | 9,030 | (5,045) | 9,030 | (5,045) | ||||||||
Deferred Tax on Acturial Gain / (Loss) Defined Benefit Obligations | (1,625) | 908 | (1,625) | 908 | ||||||||
Deferred Tax Reversal on Revaluation of Land and Building | - | 47,233 | - | 47,233 | ||||||||
Other Comprehensive Income for the Year | 7,405 | 43,096 | 7,405 | 43,096 | ||||||||
Total Comprehensive Income for the Year | 509,499 | 446,209 | 509,397 | 446,133 | ||||||||
Profit attributable to | ||||||||||||
Owners of the Company | 502,094 | 403,113 | 501,992 | 403,037 | ||||||||
Non-Controlling Interests | - | - | - | - | ||||||||
Total Comprehensive Income attributable to | ||||||||||||
Owners of the Company | 509,499 | 446,209 | 509,397 | 446,133 | ||||||||
Non Controlling Interests | - | - | - | - | ||||||||
Basic Earnings per Share (Rs.) | 23.04 | 19.48 | 23.04 | 19.47 |
CENTRAL INDUSTRIES PLC
INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
Group | Company | ||||||||||||
FOR THE THREE MONTHS ENDED | 31/03/22 | 31/03/21 | Change | 31/03/22 | 31/03/21 | Change | |||||||
Rs.'000 | Rs.'000 | % | Rs.'000 | Rs.'000 | % | ||||||||
Revenue | 1,797,596 | 1,250,697 | 44 | 1,797,596 | 1,250,697 | 44 | |||||||
Cost of Sales | (1,331,436) | (1,024,461) | 30 | (1,331,436) | (1,024,461) | 30 | |||||||
Gross Profit | 466,160 | 226,236 | 106 | 466,160 | 226,236 | 106 | |||||||
Other Income | 661 | 2,027 | (67) | 661 | 2,141 | (69) | |||||||
Selling and Distribution Expenses | (46,209) | (62,943) | -27 | (46,209) | (62,943) | (27) | |||||||
Administrative Expenses | (35,539) | (36,712) | -3 | (35,531) | (36,420) | (2) | |||||||
Operating Profit | 385,073 | 128,608 | 199 | 385,081 | 129,014 | 198 | |||||||
Finance Income | (23,387) | 8,541 | -374 | (23,391) | 8,470 | (376) | |||||||
Finance Cost | (361,360) | (5,500) | 6,470 | (361,437) | (5,595) | 6,360 | |||||||
Net Finance Income/ (Cost) | (384,747) | 3,041 | -12,752 | (384,828) | 2,875 | (13,485) | |||||||
Profit Before Taxation | 326 | 131,649 | -100 | 253 | 131,889 | (100) | |||||||
Income Tax Expenses | (38,415) | (10,128) | 279 | (38,394) | (10,161) | 278 | |||||||
Profit/ (Loss) for the period | (38,089) | 121,521 | -131 | (38,141) | 121,728 | (131) | |||||||
Other Comprehensive Income | |||||||||||||
Acturial Gain / (Loss) on Defined Benefit Obligations | 9,030 | (5,045) | 9,030 | (5,045) | |||||||||
Deferred Tax on Acturial Gain / ( Loss) Defined Benefit Obligations | (1,625) | 908 | (1,625) | 908 | |||||||||
Deferred Tax Reversal on Revaluation of Land & Building | - | 47,233 | - | 47,233 | |||||||||
Other Comprehensive Income for the Period | 7,405 | 43,096 | 7,405 | 43,096 | |||||||||
Total Comprehensive Income/ (Expense) for the Period | (30,684) | 164,617 | (30,736) | 164,824 | |||||||||
Profit attributable to | |||||||||||||
Owners of the Company | (38,089) | 121,521 | (38,141) | 121,728 | |||||||||
Non-Controlling Interests | - | - | - | - | |||||||||
Total Comprehensive Income attributable to | |||||||||||||
Owners of the Company | (30,684) | 164,617 | (30,736) | 164,824 | |||||||||
Non Controlling Interests | - | - | - | - | |||||||||
Basic Earnings per Share (Rs.) | (1.75) | 5.87 | (1.75) | 5.88 |
CENTRAL INDUSTRIES PLC
INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31ST MARCH 2022
GROUP
Stated | Revaluation | General | Retained | Total | ||||||
Capital | Reserve | Reserve | Earnings | Equity | ||||||
Rs.000 | Rs.000 | Rs.000 | Rs.000 | Rs.000 | ||||||
Balance as at 1st April 2020 | 121,320 | 356,619 | 100,814 | 1,196,356 | 1,775,109 | |||||
Comprehensive Income for the Year | ||||||||||
Profit for the year | - | - | - | 403,113 | 403,113 | |||||
Other Comprehensive Income for the Year | ||||||||||
Defered Tax Liability on Revaluation Surplus | - | 47,233 | - | - | 47,233 | |||||
Acturial Loss on Defined Benefit Obligations | - | - | - | (5,045) | (5,045) | |||||
Deferred Tax on other Comprehensive Income | - | - | - | 908 | 908 | |||||
Total Comprehensive Income for theYear | - | 47,233 | - | 398,976 | 446,209 | |||||
Depreciation on Revaluation Surplus | - | (2,626) | - | 2,626 | - | |||||
Deferred Tax on Revaluation Surplus | - | 657 | - | (657) | - | |||||
Final Dividend 2019/20 - Paid | 39,511 | - | - | (79,074) | (39,563) | |||||
Unclaimed Dividend forfeited | - | - | - | 235 | 235 | |||||
Balance as at 31st March 2021 | 160,831 | 401,883 | 100,814 | 1,518,462 | 2,181,990 | |||||
Balance as at 1st April 2021 | 160,831 | 401,883 | 100,814 | 1,518,462 | 2,181,990 | |||||
Comprehensive Income for the Year | ||||||||||
Profit for the year | - | - | - | 502,094 | 502,094 | |||||
Other Comprehensive Income for the Year | ||||||||||
Acturial Gain on Defined Benefit Obligations | - | - | - | 9,030 | 9,030 | |||||
Deferred Tax on other Comprehensive Income | - | - | - | (1,625) | (1,625) | |||||
Total Comprehensive Income for the Year | - | - | - | 509,499 | 509,499 | |||||
Depreciation on Revaluation Surplus | - | (2,626) | - | 2,626 | - | |||||
Deferred Tax on Revaluation Surplus | - | 657 | - | (657) | - | |||||
Final Dividend 2020 / 21 - Paid | 124,081 | - | - | (165,585) | (41,504) | |||||
Unclaimed Dividend forfeited | - | - | - | 523 | 523 | |||||
Balance as at 31 st March 2022 | 284,912 | 399,914 | 100,814 | 1,864,868 | 2,650,508 |
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Central Industries plc published this content on 30 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 May 2022 16:18:10 UTC.