Consolidated Statement of Changes In Equity

Group

For the year ended 31 March	Attributable to owners of the Company					Total Rs. ’000	Non- controlling interests Rs. ’000	Total equity Rs. ’000
	Stated capital Rs. ’000	General reserve Rs. ’000	Reserve on exchange gain/(loss) Rs. ’000	Fair value reserve Rs. ’000	Retained earnings Rs. ’000
Balance as at 31 March 2022	1,641,715	1,258	4,224	269,079	11,061,418	12,977,694	5,450,236	18,427,931
Balance as 1 April 2022	1,641,715	1,258	4,224	269,079	11,061,418	12,977,694	5,450,236	18,427,931
Adjustment for surcharge tax	–	–	–	–	(550,653)	(550,653)	(102,759)	(653,411)
Adjusted balance as at 1 April 2022	1,641,715	1,258	4,224	269,079	10,510,766	12,427,042	5,347,477	17,774,520
Total comprehensive income
Profit for the year	–	–	–	–	2,263,930	2,263,930	1,352,922	3,616,851
Total other comprehensive income for the year	–	–	711	(83,469)	(40,961)	(123,719)	(50,593)	(174,312)
Total comprehensive income for the year	–	–	711	(83,469)	2,222,969	2,140,211	1,302,329	3,442,539
Acquisition of NCI in Sunshine Healthcare Lanka Ltd.	–	–	–	–	(736,115)	(736,115)	(1,862,564)	(2,598,680)
Acquisition of 2.59% of Watawala Plantations PLC shares	–	–	–	–	(291,034)	(291,034)	(170,747)	(461,781)
Share Issue SUN	2,598,679	–	–	–	–	2,598,679	–	2,598,679
Transactions with NCI	–	–	–	–	–	–	196,000	196,000
Acquisition of NCI	–	–	–	–	7,982	7,982	(7,982)	–
WHT payment on dividend distribution from SHL	–	–	–	–	(97,500)	(97,500)	–	(97,500)
Capital Infusion in Watawala Plantations PLC	–	–	–	–	(14,778)	(14,778)	14,778	–
Dividend paid to owners for 2021/22 (Note 17.1)	–	–	–	–	(245,987)	(245,987)	(1,370,682)	(1,616,668)
	2,598,679	–	–	–	(1,377,432)	1,221,248	(3,201,196)	(1,979,949)
Balance as at 31 March 2023	4,240,394	1,258	4,935	185,610	11,356,303	15,788,500	3,448,610	19,237,110
Balance as 1 April 2023	4,240,394	1,258	4,935	185,610	11,356,303	15,788,500	3,448,610	19,237,110
Total comprehensive income
Profit for the period	–	–	–	–	4,471,041	4,471,041	1,548,206	6,019,247
Total other comprehensive income for the period	–	–	(3,335)	242,005	–	238,670	(6,785)	231,885
Final dividend paid to owners for 2022/23 (Note 17.1)	–	–	–	–	(565,770)	(565,770)	–	(565,770)
Interim dividend paid to owners for 2023/24 (Note 17.1)	–	–	–	–	(491,974)	(491,974)	(1,365,219)	(1,857,193)
Lina Manufacturing (Pvt) Ltd. and Lina Spiro (Pvt) Ltd. Share Swap (Note 24.2.2)	–	–	–	–	(96,918)	(96,918)	189,918	93,000
WHT payment on dividend distribution from SHL WPL SCL	–	–	–	–	(438,724)	(438,724)	(46,862)	(485,586)
Balance as at 31 March 2024	4,240,394	1,258	1,600	427,615	14,233,958	18,904,825	3,767,868	22,672,693

Company

For the year ended 31 March	Stated capital Rs.	General reserve Rs.	Fair value reserve	Retained Profit Rs.	Total Rs.
Balance as at 1 April 2022	1,641,715	1,258	264,999	3,694,810	5,602,783
Surcharge tax	–	–	–	(60,924)	(60,924)
Adjusted balance as at 1 April 2022	1,641,715	1,258	264,999	3,633,886	5,541,859
Total comprehensive income for the year
Profit for the year	–	–	–	1,250,336	1,250,336
Total other comprehensive income for the year	–	–	(81,987)	–	(81,987)
Total comprehensive income for the year	–	–	–	1,250,336	1,168,349
Private placement share issue to Akbar Brothers Ltd.	2,598,679	–	–	–	2,598,679
Dividend paid (for 2022/23)	–	–	–	(245,987)	(245,987)
Surcharge tax	–	–	–	–	–
Balance as at 31 March 2023	4,240,394	1,258	183,012	4,638,236	9,062,900
Balance as at 1 April 2023	4,240,394	1,258	183,012	4,638,236	9,062,900
Profit for the year	–	–	–	1,992,026	1,992,026
Total other comprehensive income for the year	–	–	246,320	–	246,320
Total comprehensive income for the year	–	–	246,320	1,992,026	2,238,346
Final dividend paid (for 2022/23)	–	–	–	(565,770)	(565,770)
Interim dividend paid (for 2023/24)	–	–	–	(491,974)	(491,974)
Balance as at 31 March 2024	4,240,394	1,258	429,332	5,572,519	10,243,503

Figures in brackets indicate deductions.

The Accounting Policies and Notes 1 to 47 form an integral part of these Financial Statements.