Income Statement John Keells Holdings PLC

Equities

JKH.N0000

LK0092N00003

Consumer Goods Conglomerates

End-of-day quote Colombo S.E. Other stock markets 19/09/2024			5-day change	1st Jan Change
165.75 ^LKR	+0.76%		+2.95%	-13.22%

30/07	John Keells Holdings PLC Reports Earnings Results for the First Quarter Ended June 30, 2024	CI
03/07	John Keells Holdings plc Announces Board and Committee Changes	CI

e1a60644dd90d6116bb01491c9d.essWMDTTfGANfN-bf6EikwvLw-jUyIJGqN8epHLNBes.CZt1akWfDzFJH7DrMfhFwDuos6uOjtMzzopY60u3cLkuuWJZeaUkMTskkg

Published financial data: JOHN KEELLS HOLDINGS PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	140B	114B	202B	260B	262B
Finance Div. Revenues	-	13.6B	15.69B	16.2B	18.66B
Total Revenues	140B	128B	218B	277B	281B
Cost of Goods Sold, Total	114B	109B	180B	227B	226B
Interest Expense - Finance Division	-	274M	323M	-	-
Gross Profit	26.08B	18.65B	37.32B	49.45B	54.28B
Selling General & Admin Expenses, Total	18.66B	17.69B	20.5B	30.19B	35.23B
Other Operating Expenses	558M	-1.12B	-722M	2.64B	3.79B
Other Operating Expenses, Total	19.22B	16.57B	19.77B	32.84B	39.02B
Operating Income	6.86B	2.09B	17.55B	16.61B	15.26B
Interest Expense, Total	-3.1B	-4.4B	-6.71B	-17.8B	-19.67B
Interest And Investment Income	7.26B	8.77B	11.91B	16.99B	18.18B
Net Interest Expenses	4.15B	4.37B	5.2B	-813M	-1.49B
Income (Loss) On Equity Invest.	4.47B	4.16B	6.75B	7.57B	10.13B
Currency Exchange Gains (Loss)	1.99B	1.91B	12.89B	6.63B	3.37B
Other Non Operating Income (Expenses)	-5.69B	-6.83B	-6.18B	-7.76B	-10.94B
EBT, Excl. Unusual Items	11.78B	5.7B	36.2B	22.24B	16.34B
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	150M	77.06M	-4.66B	141M	1.85B
Gain (Loss) On Sale Of Assets	-97.01M	-6M	62.2M	14.23M	8.21M
Asset Writedown	572M	-323M	-4.27B	878M	450M
Other Unusual Items	-	-	-	-684M	-639M
EBT, Incl. Unusual Items	12.4B	5.45B	27.32B	22.59B	18.01B
Income Tax Expense	2.66B	1.49B	6.88B	3.69B	5.89B
Earnings From Continuing Operations	9.74B	3.95B	20.44B	18.9B	12.13B
Net Income to Company	9.74B	3.95B	20.44B	18.9B	12.13B
Minority Interest	-327M	821M	-230M	-722M	-879M
Net Income - (IS)	9.41B	4.77B	20.21B	18.17B	11.25B
Net Income to Common Incl Extra Items	9.41B	4.77B	20.21B	18.17B	11.25B
Net Income to Common Excl. Extra Items	9.41B	4.77B	20.21B	18.17B	11.25B
Per Share Items
Net EPS - Basic	7.14	3.62	15.13	13.12	8.06
Basic EPS - Continuing Operations	7.14	3.62	15.13	13.12	8.06
Basic Weighted Average Shares Outstanding	1.32B	1.32B	1.34B	1.38B	1.4B
Net EPS - Diluted	7.14	3.62	15.12	13.12	8.04
Diluted EPS - Continuing Operations	7.14	3.62	15.12	13.12	8.04
Diluted Weighted Average Shares Outstanding	1.32B	1.32B	1.34B	1.38B	1.4B
Normalized Basic EPS	5.34	3.32	16.76	9.51	6.69
Normalized Diluted EPS	5.33	3.32	16.76	9.51	6.67
Dividend Per Share	2.5	2	1.5	2	1.5
Payout Ratio	49.01	41.46	9.95	15.24	18.5
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
EBITDA	11.28B	7.09B	22.74B	23.08B	21.98B
EBITA	7.09B	2.37B	17.72B	16.8B	15.44B
EBIT	6.86B	2.09B	17.55B	16.61B	15.26B
EBITDAR	11.28B	7.39B	23.28B	23.65B	22.86B
Total Revenues (As Reported)	140B	-	-	-	-
Effective Tax Rate - (Ratio)	21.46	27.44	25.18	16.35	32.68
Total Current Taxes	2B	2.29B	3.45B	4.61B	4.65B
Total Deferred Taxes	662M	-793M	3.43B	-921M	1.23B
Normalized Net Income	7.03B	4.38B	22.39B	13.18B	9.33B
Interest Capitalized	1.93B	2.87B	122M	8.1B	7.8B
Interest on Long-Term Debt	3.15B	4.37B	1.63B	9.94B	9.81B
Non-Cash Pension Expense	209M	226M	191M	257M	459M
Supplemental Operating Expense Items
Selling and Marketing Expenses	5.52B	4.76B	5.73B	8.27B	10.06B
General and Administrative Expenses	13.14B	12.93B	14.76B	21.93B	25.17B
Research And Development Expense From Footnotes	62.46M	-	-	-	-
Net Rental Expense, Total	1.56M	293M	548M	573M	874M
Imputed Operating Lease Interest Expense	809K	124M	136M	446M	753M
Imputed Operating Lease Depreciation	751K	169M	412M	127M	121M
Stock-Based Comp., Other (Total)	328M	225M	205M	274M	341M
Total Stock-Based Compensation	328M	225M	205M	274M	341M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	26.44B	44.89B	155B	70.36B	42.39B
Short Term Investments	25.35B	43.81B	8.21B	36.96B	53.06B
Total Cash And Short Term Investments	51.79B	88.7B	163B	107B	95.45B
Accounts Receivable, Total	11.45B	16.32B	25.75B	20.26B	27.33B
Other Receivables	3.18B	3.55B	3.99B	3.25B	3.73B
Notes Receivable	325M	342M	327M	356M	531M
Total Receivables	14.96B	20.21B	30.07B	23.86B	31.59B
Inventory	50.17B	54.3B	36.22B	39.09B	39.31B
Prepaid Expenses	4.13B	3.29B	9.54B	12.53B	7.77B
Total Current Assets	121B	166B	239B	183B	174B
Gross Property Plant And Equipment	174B	181B	212B	454B	474B
Accumulated Depreciation	-25.47B	-26.98B	-33.67B	-38.2B	-41.84B
Net Property Plant And Equipment	149B	154B	178B	416B	432B
Long-term Investments	56.8B	78.21B	67.94B	84.78B	99.5B
Goodwill	473M	473M	466M	466M	701M
Other Intangibles, Total	2.55B	4.11B	4.67B	5.06B	5.36B
Finance Division Other Long-Term Assets, Total	11.87B	13.27B	14.88B	17.93B	23.39B
Deferred Tax Assets Long-Term	902M	1.09B	1.55B	2.58B	1.72B
Other Long-Term Assets, Total	94.59B	119B	212B	34.6B	34.72B
Total Assets	437B	537B	718B	745B	771B
Liabilities
Accounts Payable, Total	22.85B	34.04B	41.82B	28.57B	42.2B
Accrued Expenses, Total	158M	457M	1.56B	2.47B	2.74B
Short-term Borrowings	23.48B	18.72B	35.15B	38.75B	53.51B
Current Portion of Long-Term Debt	5.21B	9.51B	40.62B	12.84B	23.22B
Current Portion of Leases	1.38B	1.47B	3.46B	2.26B	3.88B
Finance Division Debt Current	-	-	-	-	-
Current Income Taxes Payable	1.75B	1.99B	2.62B	1.8B	1.82B
Unearned Revenue Current, Total	950M	871M	2.22B	2.2B	2.27B
Other Current Liabilities	1.55B	4.65B	2.15B	1.82B	2.49B
Total Current Liabilities	57.33B	71.71B	130B	90.71B	132B
Long-Term Debt	50.93B	119B	159B	178B	137B
Long-Term Leases	19.91B	24.23B	30.07B	32.05B	28.08B
Finance Division Other Non Current Liabilities, Total	38.19B	45.41B	51.63B	59.09B	69.75B
Unearned Revenue Non Current	9.41B	19.39B	73.76M	159M	396M
Pension & Other Post Retirement Benefits	2.34B	2.57B	2.83B	2.37B	3.35B
Deferred Tax Liability Non Current	8.29B	7.72B	12.02B	19.69B	21.22B
Other Non Current Liabilities	6.83B	3.82B	2.56B	1.85B	1.41B
Total Liabilities	193B	294B	388B	384B	394B
Common Stock, Total	62.88B	63.1B	73.19B	73.19B	90.6B
Retained Earnings	91.45B	94.28B	113B	125B	134B
Comprehensive Income and Other	62.52B	68.78B	125B	142B	133B
Total Common Equity	217B	226B	311B	341B	358B
Minority Interest	26.87B	16.83B	18.81B	19.4B	19.61B
Total Equity	244B	243B	330B	360B	377B
Total Liabilities And Equity	437B	537B	718B	745B	771B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.32B	1.32B	1.38B	1.38B	1.5B
ECS Total Common Shares Outstanding	1.32B	1.32B	1.38B	1.38B	1.5B
Book Value / Share	164.46	171.37	224.77	246.24	238.77
Tangible Book Value	214B	221B	306B	335B	352B
Tangible Book Value Per Share	161.97	167.7	220.87	242.06	234.54
Total Debt	101B	173B	268B	264B	246B
Net Debt	49.12B	84.21B	105B	157B	151B
Debt Equivalent Oper. Leases	12.48M	2.34B	4.38B	4.58B	6.99B
Minority Interest, Total (Incl. Fin. Div)	26.87B	16.83B	18.81B	19.4B	19.61B
Equity Method Investments, Total	16.72B	15.62B	19.25B	20.82B	25.02B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	675M	629M	1.35B	1.91B	1.81B
Inventories - Work In Process, Total	41.38B	43.85B	19.02B	20.42B	20.9B
Inventories - Finished Goods, Total	6.72B	7.64B	12.82B	13.33B	13.78B
Inventories - Others	1.39B	2.17B	3.03B	3.44B	2.82B
Land - (BS)	61.38B	61.68B	65.15B	71.02B	74.27B
Buildings, Total	30.62B	34.75B	44.83B	49.92B	50.21B
Machinery, Total	30.93B	33.95B	39.02B	41.95B	43.9B
Full Time Employees	14.36K	13.89K	14.7K	15.42K	15.31K
Accumulated Allowance for Doubtful Accounts (Supple)	1.14B	1.31B	680M	478M	580M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	9.41B	4.77B	20.21B	18.17B	11.25B
Depreciation & Amortization - CF	6.45B	7.34B	7.86B	10.43B	10.48B
Amortization of Goodwill and Intangible Assets - (CF)	232M	281M	175M	185M	179M
Depreciation & Amortization, Total	6.68B	7.63B	8.03B	10.62B	10.66B
Amortization of Deferred Charges, Total - (CF)	271M	361M	529M	667M	808M
(Gain) Loss From Sale Of Asset	97.01M	6M	-62.2M	-14.23M	-8.21M
(Gain) Loss on Sale of Investments - (CF)	-	-77.06M	-38.24M	-563M	-1.85B
Asset Writedown & Restructuring Costs	-572M	323M	8.97B	228M	189M
(Income) Loss On Equity Investments - (CF)	-4.47B	-4.16B	-6.75B	-7.57B	-10.13B
Stock-Based Compensation (CF)	328M	225M	205M	274M	341M
Other Operating Activities, Total	1.41B	5.16B	4.66B	-7.77B	1.01B
Change In Accounts Receivable	5.91B	-1.07B	-24.7B	6.23B	-9.72B
Change In Inventories	763M	-3.99B	31.07B	-1.44B	919M
Change In Accounts Payable	8.56B	18.51B	-16.37B	-10.49B	13.98B
Change in Other Net Operating Assets	-38.74B	-13.87B	4.67B	4.94B	15.31B
Cash from Operations	-10.35B	13.82B	30.44B	13.28B	32.75B
Capital Expenditure	-15.21B	-5.37B	-6.63B	-7.07B	-27.94B
Sale of Property, Plant, and Equipment	168M	106M	1.6B	401M	379M
Cash Acquisitions	-	-	-2.99B	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Real Estate properties	-1.01M	-113M	-387M	-	-17.35M
Sale (Purchase) of Intangible assets	-2.06B	-948M	-581M	-324M	-1B
Investment in Marketable and Equity Securities, Total	-9.93B	-38.62B	74.62B	-40.24B	-31.16B
Other Investing Activities, Total	-	-	-26.28B	-31.65B	-336M
Cash from Investing	-27.04B	-44.94B	39.36B	-78.89B	-60.08B
Short Term Debt Issued, Total	-	1.1B	7.93B	-	-
Long-Term Debt Issued, Total	33.27B	71.73B	53.88B	29.13B	14.01B
Total Debt Issued	33.27B	72.83B	61.81B	29.13B	14.01B
Short Term Debt Repaid, Total	-4.17B	-	-	-	-
Long-Term Debt Repaid, Total	-5.47B	-9.14B	-37.77B	-54.62B	-14.5B
Total Debt Repaid	-9.63B	-9.14B	-37.77B	-54.62B	-14.5B
Issuance of Common Stock	55.57M	159M	10.08B	-	528M
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-4.61B	-1.98B	-2.01B	-2.77B	-2.08B
Common & Preferred Stock Dividends Paid	-4.61B	-1.98B	-2.01B	-2.77B	-2.08B
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-647M	-6.44B	-409M	-389M	-998M
Cash from Financing	18.43B	55.43B	31.69B	-28.65B	-3.04B
Net Change in Cash	-18.96B	24.31B	101B	-94.25B	-30.37B
Supplemental Items
Cash Interest Paid	3.31B	2.11B	4.73B	21.62B	24.78B
Cash Income Tax Paid (Refund)	2.39B	1.27B	3.12B	7.89B	3.98B
Levered Free Cash Flow	-44.26B	6.66B	18.66B	-9.75B	-8.41B
Unlevered Free Cash Flow	-42.32B	9.41B	22.86B	1.37B	3.89B
Change In Net Working Capital	36.62B	-6.21B	-10.33B	13.17B	-11.49B
Net Debt Issued / Repaid	23.64B	63.69B	24.04B	-25.49B	-490M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.07	0.27	1.75	1.42	1.26
Return on Total Capital	1.36	0.34	2.16	1.7	1.53
Return On Equity %	4.11	1.62	7.13	5.47	3.29
Return on Common Equity	4.47	2.15	7.52	5.57	3.22
Margin Analysis
Gross Profit Margin %	18.62	14.61	17.11	17.88	19.33
SG&A Margin	13.33	13.85	9.4	10.91	12.55
EBITDA Margin %	8.05	5.56	10.43	8.34	7.83
EBITA Margin %