Annual Report 2010-2011 - Colombo Stock Exchange

Notes to the Financial Statements Contd.
7 Trade and other receivables
Group
Company
2010/2011 2009/2010 2010/2011 2009/2010
Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000
Trade Debtors 2,330,762 2,222,259 - -
Less: Allowances for bad doubtful debts (421,008) (408,170) - -
1,909,754 1,814,089 - -
Advances, deposits and prepayments 370,638 270,904 - 18,627
Loans to employees 10,189 6,765 1,472 909
Other debtors 618,219 458,390 51,234 47,503
2,908,800 2,550,148 52,706 67,039
8 Short term investments
Group / Company
2010/2011 2009/2010 2010/2011 2009/2010
No. of No. of Market value Cost Market value Cost
Quoted investments shares shares Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000
John Keells Holdings PLC 54 54 26 6 11 6
Asian Hotel Properties PLC 319,700 319,700 59,399 17,721 41,968 17,721
Dialog Telekom PLC 10,100 10,100 115 192 78 192
59,540 17,919 42,057 17,919
Appreciation / (provision)
for fall in value of investment - 41,621 - 24,138
59,540 59,540 42,057 42,057
9 Stated capital
2010/2011 2009/2010
Number of Value of Number of Value of
shares shares shares shares
in ‘000 Rs. ‘000 in ‘000 Rs. ‘000
Fully paid ordinary shares at the beginning of the year 128,251 1,578,475 128,251 1,578,475
Share options exercised prior to subdivision of shares (Note 33) 781 40,305 - -
Sub division of shares during the year (Note 9.1) 1,806,448 - - -
Share options exercised after subdivision of shares (Note 33) 1,761 8,832 - -
Balance at the end of the year 1,937,241 1,627,612 128,251 1,578,475
9.1 The Company exercised a sub division of shares in the proportion of 15 shares for every 1 share held on 4th October 2010.
10 Capital reserves
Group
Company
2010/2011 2009/2010 2010/2011 2009/2010
Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000
Capital reserve 124,526 124,526 8,199 8,199
Revaluation reserve 2,375 2,375 2,375 2,375
126,901 126,901 10,574 10,574
10.1 Capital Reserves Compromise surplus arising from revaluations and other statutory reserves.
Richard Pieris and Company PLC | Annual Report 2010/2011 86