Annual Report 2009/2010 - Colombo Stock Exchange

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STATEMENT OF CHANGES IN EQUITY In Rs.'000s Balance as at 1st April 2008 Adjustment for deferred tax liability Profit for the year Preference dividend Balance as at 31st March 2009 Right Issue Adjustment for deferred tax liability Profit for the year Preference dividend Balance as at 31st March 2010 Note 22.1 9 18.(b) 22.1 9 Stated Capital 1,337,801 - 1,337,801 1,200,000 2,537,801 - - - - - Capital Redemption Reserve 70,000 - - - 70,000 - - - 70,000 Revaluation Reserve 162,330 149 162,479 - - 149 162,628 - - Retained Earnings 566,005 - 88,813 (43,750) 611,068 - 640,503 (43,750) 1,207,821 The Notes to the Financial Statements from page 29 to 46 form an integral part of these Financial Statements. Figures in brackets indicate deductions. Total Equity 2,136,136 149 88,813 (43,750) 2,181,348 1,200,000 149 640,503 (43,750) 3,978,250 Fi F i n a n c i i a l l S t t a t e m e n t s 27
Fi F n i n a a n n c c i i a a l l S S t t a t t e m e n t s CASH FLOW STATEMENT For the year ended 31st March In Rs.'000s Cash Flows from Operating Activities Profit before Taxation Adjustments for: Finance expenses Depreciation on property, plant & equipment Amortisation of intangible assets Property, plant & equipments write back Intangible assets write off Interest cost capitalised Adjustments made for Property plant & equipment Provision for gratuity Profit on disposal of property, plant & equipment Interest income Operating cash flow before working capital changes (Increase) in inventories Decrease / (Increase) in trade and other receivables Increase in amounts due from related companies Increase in trade and other payables Increase / ( Decrease) in amounts due to related companies Cash generated from operations Finance expenses paid Gratuity paid Income tax paid 2010 632,695 240,105 125,357 2009 81,889 391,339 128,747 Inventory Provisions and write offs 15 56,435 31,180 Note 7 12 13 12 13 12 12 21 5 5 7 21 13,559 - - (5,587) 4,524 7,063 (926) (1,606) 1,071,619 (2,027) (184,871) (17,488) 190,127 (59,548) 997,812 (240,105) (1,177) - 3,626 (1,599) 2,959 (15,264) - 10,992 (919) (533) 632,417 (338,523) 37,020 (15,801) 25,869 71,212 412,194 (391,339) (1,668) (2) Economic service charge paid (17,676) (11,402) Net cash generated from operating activities 738,854 7,783 Cash Flows from Investing Activities Purchase of property , plant & equipment and intangible assets 12 & 13 (118,240) (209,612) Proceeds from sale of property,plant & equipment 1,044 1,020 Customer deposits received 20.3 59,931 168,185 Customer deposits refunded Long term investment 20.3 14 (25,966) (355,738) (11,048) (346,834) Interest received 5 1,606 533 Net cash used in investing activities (437,363) (397,756) Cash Flows from Financing Activities Proceeds from right issue 18.b 1,200,000 - Long term loan received 20.1 - 50,000 Repayments of long term borrowings Dividend paid 20.1 (37,447) (43,895) (86,645) (43,750) Net cash generated from/ (used in) financing activities 1,118,658 (80,395) Net increase/(decrease) in cash & cash equivalents 1,420,149 (470,368) Cash & cash equivalents at the beginning of the year (1,600,278) (1,129,910) Cash & cash equivalents at the end of the year (180,129) (1,600,278) Analysis of cash & cash equivalents Cash & cash equivalents Short term loan Bank overdraft 151,545 - (331,674) (180,129) 69,316 (400,000) (1,269,594) (1,600,278) 28 The Notes to the Financial Statements from page 29 to 46 form an integral part of these Financial Statements. Figures in brackets indicate deductions
Page 2 and 3: Operations Review
Page 4 and 5: CHAIRMAN'S STATEMENT Your Company w
Page 6 and 7: OPERATIONS REVIEW The single most i
Page 8 and 9: OPERATIONS REVIEW The stronger bala
Page 10 and 11: OPERATIONS REVIEW Conclusion From m
Page 12 and 13: PROFILE OF DIRECTORS Profiles of Di
Page 14 and 15: ANNUAL REPORT OF THE BOARD OF DIREC
Page 20 and 21: AUDIT COMMITTEE REPORT The Audit Co
Page 22 and 23: STATEMENT OF DIRECTOR'S RESPONSIBIL
Page 24 and 25: FINANCIAL STATEMENTS Financial High
Page 26 and 27: INCOME STATEMENT For the year ended
Page 30 and 31: NOTES TO THE FINANCIAL STATEMENTS 1
Page 32 and 33: NOTES TO THE FINANCIAL STATEMENTS (
Page 36 and 37: NOTES TO THE FINANCIAL STATEMENTS F
Page 42 and 43: NOTES TO THE FINANCIAL STATEMENTS A
Page 44 and 45: NOTES TO THE FINANCIAL STATEMENTS N
Page 48 and 49: VALUE ADDED STATEMENT For the year
Page 50 and 51: FIVE YEAR SUMMARY Year ended 31st M
Page 52 and 53: INCOME STATEMENT For the year ended
Page 54 and 55: FINANCIAL HIGHLIGHTS Year ended 31s
Page 56 and 57: INFORMATION TO SHAREHOLDERS & INVES
Page 58 and 59: GLOSSARY OF FINANCIAL TERMS Appropr
Page 60 and 61: LION BREWERY (CEYLON) PLC FORM OF P

Annual Report 2009/2010 - Colombo Stock Exchange

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