At the moment, there are no entries available for display
FINANCIAL REPORTS
Statement of Cash Flows
Group
| For the year ended | Year ended 31 March 2025 Rs. ’000 | Previously Stated Year ended 31 March 2024 Rs. ’000 |
| Cash flows from operating activities | ||
| Profit before income tax | 8,970,846 | 8,071,886 |
| Adjustments for; | ||
| Interest income | (390,506) | (525,313) |
| Profit on disposal of property, plant and equipment | (80,746) | 2,221 |
| Fair value changes in livestock | – | (29,431) |
| Interest expense | 809,228 | 980,115 |
| Reversal of impairement of investment in subsidiary | – | – |
| Depreciation of property, plant and equipment | 746,069 | 771,098 |
| Amortisation of intangible assets | 72,565 | 92,214 |
| Depreciation of mature planations | 176,423 | 179,312 |
| Provision/(reversal) for bad and doubtful debts | 306,685 | 318,629 |
| Provision/(reversal) of impairment of inventories | (8,718) | 103,939 |
| Amortisation of deferred income | (2,553) | (2,358) |
| Amortisation of lesehold land right | 20,875 | 17,536 |
| Fair value (gain)/loss on investment properties | (49,464) | – |
| Impairment of goodwill | 76,373 | – |
| Fair value (gain)/loss on investments | (10,818) | 6,352 |
| Provision for gratuity excluding acturial gain/loss | 216,040 | 235,618 |
| Fair value gain/loss on consumer biological assets | 321,222 | (10,558) |
| Fair value adjustment on lease liability | 6,438 | 26,849 |
| Re-messurment of lease liability | (584,905) | 87,787 |
| Operating profit before working capital changes | 10,595,053 | 10,325,896 |
| (Increase)/decrease in inventories | (1,788,446) | (2,306,107) |
| (Increase)/decrease in trade and other receivables | (320,797) | (2,208,854) |
| (Increase)/decrease in amounts due from related parties | (294,607) | 117,693 |
| Increase/(decrease) in trade and other payables | 1,606,444 | 1,179,565 |
| Increase/(decrease) in amounts due to related parties | – | (55,000) |
| Cash generated from/(used in) operations | 9,797,646 | 7,053,193 |
| Interest paid | (501,602) | (660,921) |
| Income tax paid | (3,373,548) | (2,226,550) |
| Gratuity paid | (140,555) | (133,626) |
| Net cash from operating activities | 5,781,942 | 4,032,096 |
| Cash flows from investing activities | ||
| Interest received | 390,130 | 525,313 |
| (Investments)/disposal in other investments | (491,779) | 882,237 |
| (Investments)/disposal in short term investments | (2,011,109) | (1,540,386) |
| (Investments)/disposal in gratuity fund | 50,000 | 9,000 |
| Additions to bearer plants | (34,077) | (36,021) |
| Additions of live stock | (186,813) | (306,209) |
| Acquisition of ppe | (1,010,352) | (709,789) |
| Acquisition of intangible assets | (32,764) | (21,006) |
| Proceeds from disposal of ppe | 177,961 | 30,121 |
| Proceeds from sales of livestock | 98,682 | 63,122 |
| Proceeeds from shares issued by subsidiary to NCI | 3,209,342 | 93,000 |
| Disposal of investment property | 94,534 | – |
| Acquisition of investment property | (3,693) | (3,685) |
| Net cash generated from/(used in) investing activities | 250,063 | (1,014,303) |
| Cash flows from financing activities | ||
| Receipts of interest bearing borrowings | 20,009,180 | 4,195,897 |
| Proceeds from share issued by subsidiaries to nci | – | |
| Repayments of interest bearing borrowings | (19,629,452) | (2,958,226) |
| Payment to lease creditor | (139,804) | (116,255) |
| Dividend paid | (3,723,918) | (2,422,963) |
| Net cash from/(used in) financing activities | (3,483,994) | (1,301,546) |
| Net increase/(decrease) in cash and cash equivalents | 2,548,013 | 1,716,247 |
| Cash and cash equivalents at the beginning of the period | 2,714,544 | 1,001,633 |
| Effect of exchange rate changes on cash and cash equivalents | (136,287) | (3,335) |
| Cash and cash equivalents at the end of the period | 5,126,270 | 2,714,544 |
| Cash and cash equivalents | ||
| Cash in hand and bank | 5,875,414 | 5,403,789 |
| Bank overdraft | (749,144) | (2,689,245) |
| 5,126,271 | 2,714,544 |
Figures in brackets indicate deductions.
Company
| For the year ended | Year ended 31 March 2025 Rs. ’000 | Amalgamated Year ended 31 March 2024 Rs. ’000 | Previously Stated Year ended 31 March 2024 Rs. ’000 |
| Cash flows from operating activities | |||
| Profit before income tax | 2,210,772 | 1,987,233 | 1,974,740 |
| Adjustments for; | |||
| Interest income | (96,212) | (159,616) | (159,616) |
| Interest expense | 4,321 | 21,588 | 1,218 |
| Fair Value of Investment property | (56,072) | – | – |
| Impairment of intercompany loan | – | – | 14,000 |
| Impairement of investment in subsidiary | – | – | 1,034 |
| Fair value gain/loss in quoted shares and unit trust | – | 13,462.15 | 13,462 |
| Depreciation of property, plant and equipment | 36,525 | 28,112.72 | 28,113 |
| Provision for gratuity | 49,429 | 40,992.93 | 40,993 |
| Operating profit before working capital changes | 2,148,764 | 1,931,773 | 1,913,944 |
| (Increase)/decrease in trade and other receivables | 53,940 | (19,763) | (15,883) |
| (Increase)/decrease in inventory | 296 | 1,587 | 1,587 |
| (Increase)/decrease in amounts due from related parties | 16,733 | (48,038) | (38,122) |
| Increase/(decrease) in trade and other payables | 93,621 | 60,255 | 63,187 |
| Increase/(decrease) in amounts due to related parties | (280) | 269 | 269 |
| Cash generated from/(used in) operations | 2,313,074 | 1,926,084 | 1,924,982 |
| Interest paid | (10,933) | (6,971) | (1,218) |
| Income tax paid | (22,101) | – | – |
| Employee gratuity paid | (523) | – | – |
| Net cash generated from/(used in) operating activities | 2,279,517 | 1,919,113 | 1,923,763 |
| Interest received | 100,473 | 153,359 | 153,359 |
| Investments in subsidiaries | – | (500,000) | (500,000) |
| (Investments)/disposal of quoted shares | 7,549 | – | – |
| (Investments)/disposal of unquoted shares | (14,634) | – | – |
| Acquisition of investement property | – | (3,685) | – |
| (Investments)/disposal in short term investments | (1,041,510) | (574,364) | (574,364) |
| Acquisition of intangible assets | (610) | – | – |
| Proceed from disposal of property, plant and equipment | 737 | – | – |
| Acquisition of property, plant and equipment | (34,706) | (5,973) | (5,973) |
| Net cash used in investing activities | (982,700) | (930,662) | (926,978) |
| Cash flows from financing activities | |||
| Payment of lease liabilities | (20,551) | (19,777) | (19,777) |
| Dividend paid | (1,721,908) | (1,057,744) | (1,057,744) |
| Net cash generated from/(used in) financing activities | (1,742,458) | (1,077,520) | (1,077,520) |
| Net increase/(decrease) in cash and cash equivalents | (445,643) | (89,069) | (90,734) |
| Cash and cash equivalents at the beginning of the period | 734,571 | 823,640 | 814,025 |
| Cash and cash equivalents at the end of the year | 288,928 | 734,571 | 723,291 |
| Cash in hand and bank | 288,928 | 734,571 | 723,291 |
| 288,928 | 734,571 | 723,291 |
The Accounting Policies and Notes 1 to 48 form an integral part of these Financial Statements.