Annual report for 2004/05 - Hemas Holdings, Ltd

Notes to the Financial StatementsYear ended 31 March 200514.2 Investment in Equity Securities - Non Current Carrying Market Carrying MarketCompany Value Value Value ValueNo of Shares 2005 2005 2004 20042005 2004 Rs. Rs. Rs. Rs.a. QuotedMahaweli Reach Hotel Ltd - 530,910 - - 11,631,020 9,556,380Overseas Realty (Ceylon) Ltd 500 500 5,000 4,000 5,000 3,750Ceylinco Securities Financial Services Ltd - 6,000 - - 42,000 45,0005,000 4,000 11,678,020 9,605,130b. Non QuotedUnit Trust (NAMAL) 250,000 250,000 2,500,000 3,252,500 2,500,000 2,967,500Total Carrying Value of Equity Investment(Company - Non Current) 2,505,000 3,256,500 14,178,020 12,572,63014.2.1 Investment in Equity Securities - Current Carrying Market value Carrying Market ValueValueValueNo of Shares 2005 2005 2004 2004Quoted 2005 2004 Rs. Rs. Rs. Rs.Lanka Hospitals Ltd 3,400 1,866,400 46,263 54,250 20,595,154 19,130,600Ceylon Hospitals Ltd 50,000 76,500 1,000,000 1,362,500 1,662,500 1,530,000John Keells Holdings Ltd 726 726 48,642 98,373 48,642 80,586Total Carrying Value of Equity Investment(Company - Current) 1,094,905 1,515,123 22,306,296 20,741,186Group15. INVENTORIES 2005 2004Rs.Rs.Raw Materials 167,171,377 141,664,237Work in Progress 14,867,565 163,784,724Finished Goods & Other Stock 547,350,381 496,424,938Goods In Transit 30,446,663 -759,835,986 801,873,899Less: Provision for Unrealized Profit (26,900,000) (20,184,161)732,935,986 781,689,738A N N U A L R E P O R T 2 0 0 4 - 2 0 0 5 57