Annual Report 2011 - 2012 - Colombo Stock Exchange

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200,000 120 150,000 100 80 100,000 60 50,000 40 20 0 0 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 Profit before tax has increased due to the increase in the fair value of investment property in 2012. Earnings per Share has increased due to the fair value gain recognized from investment property valuation in 2012. 150,000 800 100,000 600 400 500,00 200 0 0 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 08 FINANCIAL HIGHLIGHTS Financial Highlights Graphical presentations of the prominent financial indicators, highlighting the historical performance for the past five years are shown below. (Rs.) Profit before tax (Rs.) Earnings per Share Years Years (Rs.) Profit after tax (Rs.) Net Assets per Share Years Years Profit after tax has increased due to the reversal of deferred tax liability recognized in the Income Statement. Net Assets per Share has increased due to the revaluation gain on property plant and equipments and investment property. The Colombo Pharmacy Company PLC Annual Report 2011 - 2012 25
08 FINANCIAL HIGHLIGHTS Financial Highlights With a view to enhance the profitability generated from renting out the building of the Company, The Colombo Pharmacy Company PLC embarked on a renovation plan which is expected to quadruple the rental income compared to previous levels. The refurbishment looked in to option of making the provisions for the Company's long term strategies as well and carried out the renovations with that in mind and hence the total cost of the investment approximates at Rs. 128 Mn, the payback of which is 3 years. The Company is intending to sign agreements with top international clients as tenants to the building which will ultimately enhance the commercial value of the property. While only 16,300 square feet was rented out previously, due to the new refurbishment program 23,430 square feet is available for this purpose. Both the increase in floor area and the modernization of the buildings, would yield significantly higher returns for the Company in future. Square feet 4000 3000 2000 1000 0 Increase in Rentable Area Area Prior to Renovations After the Renovations The Colombo Pharmacy Company PLC Annual Report 2011 - 2012 26
Page 1 and 2: THE COLOMBO PHARMACY COMPANY PLC AN
Page 3 and 4: 01 VISION VISIONON To be the most d
Page 5 and 6: 02 STORY The origins of The Colombo
Page 7 and 8: 03 CHAIRMAN’S MESSAGE Dear Shareh
Page 9 and 10: 04 BOARD OF DIRECTORS Mr. Gregory S
Page 11 and 12: 05 CORPORATE GOVERNANCE Attendance
Page 13 and 14: 05 CORPORATE GOVERNANCE COMPLIANCE
Page 15 and 16: 05 CORPORATE GOVERNANCE Code Refere
Page 17 and 18: 05 CORPORATE GOVERNANCE D. Accounta
Page 19 and 20: 05 CORPORATE GOVERNANCE Compliance
Page 21 and 22: 06 REPORT OF THE DIRECTORS INDEPEND
Page 23 and 24: 06 REPORT OF THE DIRECTORS GOING CO
Page 25: Prior After After Prior The Colombo
Page 29 and 30: 10 BALANCE SHEET As at 31 March 201
Page 31 and 32: 11 INCOME STATEMENT Year ended 31 M
Page 33 and 34: 13 CASH FLOW STATEMENT Year ended 3
Page 35 and 36: 14 NOTES TO THE FINANCIAL STATEMENT
Page 57 and 58: 15 INFORMATION TO SHAREHOLDERS AND
Page 59 and 60: The Colombo Pharmacy Company PLC An
Page 61 and 62: 16 FIVE YEAR FINANCIAL REVIEW Year
Page 63 and 64: 18 FORM OF PROXY I/We …………
Page 65 and 66: 19 CORPORATE INFORMATION Name of Co

Annual Report 2011 - 2012 - Colombo Stock Exchange

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