Recording revenues and expenses in the period in which they are earned or incurred regardless of whether cash is received or disbursed in that period.
Finance cost divided by average interest-bearing borrowing from banks and finance institutions.
Shareholders’ funds plus minority interest and debt.
Conditions or situations at the reporting date, the financial effects of which are to be determined by future events, which may or may not occur.
Liquid investments with original maturities of three months or less.
The Cost of Production. This generally refers to the cost of producing per kilo of produce (Tea/Rubber/Palm Oil).
The total produce harvested during a financial year.
Debt as a percentage of shareholders’ funds plus.
Distribution of profit to holders of equity investments in proportion to their holding of a particular class of capital.
Profit attributable to equity holders of the parent divided by the weighted average number of ordinary shares in issue during the period.
Earnings before interest and tax (includes other operating income).
EBIT divided by turnover.
Earnings before interest, tax, depreciation and amortisation.
EBITDA divided by turnover.
Market capitalisation plus net debt.
A unit extent of land. Estates are divided into fields in order to facilitate Management.
This is the average sale price obtained (over a period of time, for a kilo of produce) before any eductions such as Brokerage, etc.
Hazard Analysis Critical Control Point System Internationally-accepted food safety standard.
A method of field development whereby planting of individual plants is done in order to increase the yield of a given field, whilst allowing the field to be harvested.
International Standards Organization.
Profit before tax plus interest charges divided by interest charges, including interest capitalised.
The extent of plantation that is under development and is not being harvested.
Janatha Estates Development Board.
Current assets divided by current liabilities.
The extent of plantation from which crop is being harvested. Also see “Extent in Bearing”.
Number of shares in issue at the end of year multiplied by the market price at end of year.
A portion of the profit or loss and net assets of a subsidiary attributable to equity interest that are not owned, directly or indirectly through subsidiary, by the parent.
Net assets over weighted average number of ordinary shares in issue during the period adjusted for options granted but not exercised.
Profit after tax divided by turnover.
Total debt minus (cash plus short term deposits).
This is the average sale price obtained (over a period of time) after deducting Brokerage fees, etc.
Sum of fixed assets and current assets less total liabilities.
Net Assets at the end of the period divided by the number of ordinary shares in issue.
Market price per share over EPS.
Attributable profits divided by average shareholders’ funds.
Parties who could control or significantly influence the financial and operating policies of the Company.
A method of field development where an entire unit of land is taken out of “bearing” and developed by way of uprooting the existing trees/bushes and replanting with new trees/bushes.
Sri Lanka State Planations Corporation.
Total of all amounts received by the Company or due and payable to company.
Total of issued and fully-paid share capital, capital reserves and revenue reserves.
Long-term loans plus short-term loans and overdrafts.
Shareholders’ funds plus minority interest.
Tea Association of Sri Lanka.
Vegetatively Propagated (i.e. Tea grown from a cutting of a branch of tea plant).
The average crop per unit extent of land over a given period of time (usually Kg. Per hectare per year).