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Documentos de Profesional
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1,172,446
(955,035)
Company
31/12/12
Rs.'000
Change
%
31/12/13
Rs.'000
1,172,446
1,279,774
(8)
(1,030,249)
(955,035)
31/12/12 Change
Rs.'000
%
1,279,774
(8)
(1,030,249)
217,411
249,525
(13)
217,411
249,525
(13)
2,914
4,774
(39)
3,199
9,755
(67)
(11)
(92,695)
(84,013)
(10)
(93,130)
(83,947)
(65,365)
(61,141)
(7)
(65,068)
(60,757)
(7)
62,265
109,145
(43)
62,412
114,576
(46)
881
881
1,565
(44)
1,565
(44)
Finance Expenses
(4,943)
(11,944)
59
(6,922)
(13,989)
51
(4,062)
(10,379)
61
(6,041)
(12,424)
51
58,204
98,766
(41)
56,370
102,152
(45)
(10,995)
(27,926)
61
(10,505)
(27,478)
62
47,209
70,840
(33)
45,865
74,674
(39)
47,209
70,840
45,865
74,674
4.78
7.17
(33)
4.64
(39)
7.55
Group
31/12/12
Rs.'000
Change
%
31/12/13
Rs.'000
Company
31/12/12 Change
Rs.'000
%
454,759
402,931
13
454,759
402,931
13
(369,240)
(324,171)
(14)
(369,240)
(324,171)
(14)
85,519
78,760
85,519
78,760
1,664
2,811
(41)
1,692
3,197
(47)
(32,313)
(30,170)
(7)
(32,529)
(30,356)
(7)
(21,807)
(20,395)
(7)
(21,678)
(20,127)
(8)
33,064
31,006
33,004
31,474
95
446
95
447
(79)
5
(79)
Finance Expenses
(2,242)
(6,098)
63
(2,906)
(6,704)
57
(2,147)
(5,652)
62
(2,811)
(6,257)
55
30,918
25,354
22
30,192
25,217
20
(5,987)
(6,852)
13
(5,828)
(6,700)
13
24,931
18,502
35
24,364
18,517
32
24,931
18,502
24,364
18,517
2.52
1.87
35
2.46
1.87
32
121,320
-
Revaluation
Reserve
Rs.'000
General
Reserve
Rs.'000
Retained
Earnings
Rs.'000
35,814
65,000
494,344
875,842
70,840
70,840
70,840
70,840
395
159,364
(395)
Redemption
Reserve
Rs.'000
Total
Rs.'000
(29,653)
(29,653)
121,320
158,969
35,814
65,000
535,926
917,029
121,320
158,837
35,814
65,000
561,492
942,463
47,209
47,209
47,209
47,209
395
(29,653)
(29,653)
35,814
65,000
579,443
960,019
General
Reserve
Rs.'000
Retained
Earnings
Rs.'000
65,000
465,680
121,320
(395)
158,442
COMPANY
Stated
Capital
Rs.'000
Balance as at 1st April 2012
Total Comprehensive Income
Profit for the period
Total Comprehensive Income for the Period
Depreciation on Revaluation Surplus
Transactions with Owners
Final Dividend, 2011/12 - paid
Balance as at 31st December 2012
121,320
-
Revaluation
Reserve
Rs.'000
159,364
(395)
Capital
Redemption
Reserve
Rs.'000
35,814
Total
Rs.'000
847,178
74,674
74,674
74,674
395
74,674
-
121,320
158,969
35,814
65,000
(29,653)
511,096
(29,653)
892,199
121,320
158,837
35,814
65,000
536,026
916,997
45,865
45,865
45,865
395
45,865
-
35,814
65,000
(29,653)
552,633
(29,653)
933,209
121,320
(395)
158,442
COMPANY
31/12/2012
(Rs.'000)
31/12/2013
(Rs.'000)
58,204
98,766
56,370
25,845
(26)
(302)
4,500
(423)
4,943
(3)
(878)
23,351
(2)
(3,418)
3,497
193
11,500
(2)
(951)
25,845
(9)
(302)
4,500
12
6,922
(301)
(878)
31/12/2012
(Rs.'000)
102,152
23,351
(1)
(3,418)
3,497
154
13,569
(5,001)
(951)
91,860
132,934
92,159
133,352
(37,034)
13,069
(4,201)
(102,698)
(13,391)
(3,192)
(37,034)
12,634
(3,442)
(103,287)
(13,374)
(7,499)
63,694
13,653
64,317
9,192
(1,220)
(4,943)
(11,217)
(1,330)
(11,500)
(18,894)
(1,220)
(6,922)
(10,421)
(1,330)
(13,569)
(17,383)
46,314
(18,071)
45,754
(23,090)
(11,416)
(4,635)
302
878
3
(19,256)
(17,791)
4,274
951
2
(11,416)
(4,635)
302
878
301
(19,256)
(17,791)
4,274
951
5,001
(14,868)
(31,821)
(14,570)
(26,821)
2,700
(29,653)
86,600
(29,653)
2,700
(29,653)
86,600
(29,653)
(26,953)
56,947
(26,953)
56,947
4,493
(7,712)
7,055
(10,937)
4,231
(7,716)
7,036
(10,950)
(3,219)
(3,882)
(3,485)
(3,914)
2,960
(6,179)
4,066
(7,948)
2,694
(6,179)
4,034
(7,948)
(3,219)
(3,882)
(3,485)
(3,914)
31/12/12
(Rs.'000)
SEGMENT RESULTS
Revenue
Water Management Products
Electrical Products
1,025,767
146,679
1,172,446
1,149,356
130,418
1,279,774
52,845
5,359
58,204
89,191
9,575
98,766
31/12/13
(Rs.'000)
31/03/13
(Rs.'000)
31/12/12
(Rs.'000)
Total Liabilities
Water Management Products
Electrical Products
1,047,249
131,024
1,178,273
1,035,674
125,814
1,161,488
1,058,015
138,474
1,196,489
215,296
2,958
218,254
217,181
1,844
219,025
278,458
1,002
279,460
4. CONTINGENCIES
There has been no significant change in the nature of the contingecies which were disclosed in the Annual Report for the year
ended 31 March 2013.
CAPITAL EXPENDITURE
The group invested Rs.11.4 million in Property, Plant and Equipment and Rs. 4.6 million in Capital Work-in-Progress during the period.
6.
CAPITAL COMMITMENTS
The Board of Directors had approved to purchase capital assets totaling Rs. 7.7 million of which Rs. 6.9 million has been paid as an advance.
The Company had no other capital commitments as at the Statement of Financial Position date.
7.
8.
SEASONALITY OF OPERATION
There is no seasonality / cyclical impact on the operations of the Company which need be disclosed.
9.
Name of Entity
Nature of Relationship
Nature of Transactions
Transaction Value
For the nine
For the nine
months ended
months ended
31/12/2013
31/12/2012
Rs. 9,996
Rs. 15,877
Rs. 586
Rs.65,057
Rs.154,162
Rs.7,282
Rs.175 million
Rs. 821,976
Rs. 1,676,803
Rs.175 million
Rs. 826,909
Rs.4,933,991
An enterprise controlled
by a director.
Central Industries
Marketing (Pvt) Ltd.
Rs. 28 million
Rs. 1.9 million
Rs. 300,000
Polymer Technologies
(Pvt.) Ltd.
Rs.368,833
Rs.86,024
Ordinary Shares
As at 31/12/13
9,884,214
As at 31/12/12
9,884,214
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Name
CENTRAL FINANCE COMPANY PLC A/C NO 03
SIERRA CABLES PLC
CF INSURANCE BROKERS (PVT) LTD
SEYLAN BANK LTD/ GOVINDASAMY RAMANAN
BIGSPRING INVESTMENTS LIMITED
TIVOLI LANKA LTD
MR. H.W.M. WOODWARD
SIERRA HOLDINGS (PVT) LIMITED
MERCHANT CREDIT OF SRI LANKA LIMITED
HARRIS (CEYLON) (PVT) LIMITED
PIERE LANKA EXPORTS PRIVATE LIMITED
ELGIN INVESTMENTS LIMITED
MR. J.D. BANDARANAYAKE
MERCHANT BANK OF SRI LANKA LTD A/C NO 1
MR. U.I. SURIYABANDARA
MR. P.D.P. WEERASURIYA
MR. S. SHANMUGANATHAN
MR. R.F.C. DE LIVERA
MR. A.N. ESUFALLY
DR. (MRS.) V. BANDARANAYAKE
No. of
Shares
4,354,500
1,584,538
564,600
467,572
405,400
307,200
180,000
178,275
141,060
94,081
93,631
93,085
55,500
52,567
41,470
41,100
30,000
30,000
30,000
27,997
%
44.06%
16.03%
5.71%
4.73%
4.10%
3.11%
1.82%
1.80%
1.43%
0.95%
0.95%
0.94%
0.56%
0.53%
0.42%
0.42%
0.30%
0.30%
0.30%
0.28%
8,772,576
88.75%
30.70%
Directors
Mr.E.H.Wijenaike
Mr.G.S.N.Peiris
Mr.C.S.W.De Costa
Mr.R.E.Rambukwelle
Mr.A.K.Gunaratne
Mr.N.J.Abeysekere
Mr.L.R.de Lanerolle
Mrs. I.S. Jayasinghe
C.E.O.
Mr.A.N.P.Wickramasuriya
As per
SLAS
(Rs'000)
ASSETS
NON-CURRENT ASSETS
Property, Plant and Equipment
Capital Work In Progress
Intangible Assets
Investments - Subsidiaries
TOTAL NON-CURRENT ASSETS
CURRENT ASSETS
Inventories
Trade & Other Receivables
Investments Held for Trading
Current Taxation - Paid in Advance
Cash and Cash Equivalents
TOTAL CURRENT ASSETS
TOTAL ASSETS
EQUITY AND LIABILITIES
EQUITY
Share Capital
Revaluation Reserve
Capital Redemption Reserve
General Reserve
Retained Earnings
Equity Attributable to Owners of the Company
NON CURRENT LIABILITIES
Deferred Taxation
Employee Benefits
TOTAL NON-CURRENT LIABILITIES
CURRENT LIABILITIES
Trade & Other Payables
Loan & Borrowings
Current Tax Liabilities
Due to Related Parties
Due to Subsidiaries
Bank Overdraft
TOTAL CURRENT LIABILITIES
TOTAL LIABILITIES
TOTAL EQUITY AND LIABILITIES
Company
31-12-12
440,211
20,084
1,744
462,039
31-12-12
Effect of
transition to
LKAS/SLFRS
(Rs'000)
31-12-12
As per
LKAS/SLFRS
(Rs'000)
As per
SLAS
(Rs'000)
440,211
20,084
1,744
462,039
440,211
20,084
1,744
2,000
464,039
31-12-12
Effect of
transition to
LKAS/SLFRS
(Rs'000)
As per
LKAS/SLFRS
(Rs'000)
440,211
20,084
1,744
2,000
464,039
362,707
367,220
30
548
4,066
734,571
1,196,610
(193)
71
(122)
(122)
362,707
367,027
101
548
4,066
734,450
1,196,489
362,707
367,174
10
4,034
733,925
1,197,964
(193)
24
(169)
(169)
362,707
366,981
34
4,034
733,756
1,197,794
121,320
158,969
35,814
65,000
536,047
917,150
(122)
(122)
121,320
158,969
35,814
65,000
535,926
917,029
121,320
158,969
35,814
65,000
511,266
892,369
(169)
(169)
121,320
158,969
35,814
65,000
511,096
892,199
26,027
31,806
57,833
26,027
31,806
57,833
68,751
135,200
6,920
2,808
7,948
221,627
279,460
1,196,489
66,663
135,200
6,472
2,808
28,671
7,948
247,762
305,595
1,197,964
92.78
90.28
26,027
31,806
57,833
68,751
135,200
6,920
2,808
7,948
221,627
279,460
1,196,610
92.79
(122)
(169)
26,027
31,806
57,833
66,663
135,200
6,472
2,808
28,671
7,948
247,762
305,595
1,197,794
90.27
Revenue
Cost of Sales
1,279,774
(1,030,249)
Effect of
transition to
LKAS/SLFRS
(Rs'000)
As per
LKAS/SLFRS
(Rs'000)
1,279,774
(1,030,249)
As per
SLAS
(Rs'000)
1,279,774
(1,030,249)
Company
Effect of
transition to
LKAS/SLFRS
(Rs'000)
As per
LKAS/SLFRS
(Rs'000)
1,279,774
(1,030,249)
Gross Profit
249,525
249,525
249,525
249,525
Other Income
Distribution Expenses
Administrative Expenses
4,771
(84,262)
(61,141)
3
249
-
4,774
(84,013)
(61,141)
9,754
(84,196)
(60,757)
1
249
-
9,755
(83,947)
(60,757)
108,893
252
109,145
114,326
250
114,576
Finance Income
Finance Expenses
Net Finance Cost
1,565
(11,944)
(10,379)
1,565
(11,944)
(10,379)
1,565
(13,989)
(12,424)
1,565
(13,989)
(12,424)
98,513
(27,926)
252
-
98,766
(27,926)
101,902
(27,478)
250
-
102,152
(27,478)
70,587
252
70,840
74,424
250
74,674
7.17
7.53
7.14
7.55