Introductory Document - Colombo Stock Exchange

More documents

Recommendations

Info

Outcome of Project AppraisalThe project appraisal was done by using conservative assumptions while evaluating the presentmacroeconomic variables of the country. Accordingly, these three projects will give a negative netcash flow. The detailed project evaluation is shown in following tables. According to the projectappraisal it will give Rs. 3.7mn negative NPV from the project while taken the WACC of 15%.Ramboda Falls LimitedAppraisal of Project - Adding new 20 rooms/ Hot Water Pool & GymYear Y0 Y1 Y2 Y3 Y4 Y5 Y6Investment Capital (20,000,000) (30,000,000) (13,000,000) - - - -Cash Inflows - (1,770,856) 2,753,694 8,809,468 9,911,500 11,054,750 12,020,960Net Cash Inflow (20,000,000) (31,770,856) (10,246,306) 8,809,468 9,911,500 11,054,750 12,020,960DF 15%NPV at the end of 6th year 80,139,732PV (20,000,000) (27,626,832) (7,747,680) 5,792,368 5,666,932 5,496,164 34,646,617NPV (3,772,429)Projected cash FlowsY1 Y2 Y3 Y4 Y5 Y6Sales 0 12,800,000 24,995,200 26,744,864 28,617,004 30,620,195Additional income of gym 1,200,000 1,284,000 1,373,880 1,470,052and swimming poolCost Of Sales 0 5,120,000 9,998,080 10,697,946 11,446,802 12,248,078Staff Cost 120,000 984,000 1,082,400 1,190,640 1,309,704 1,440,674Other operationalcost 500,000 640,000 672,000 705,600 740,880 777,924Administrationcost 0 1,920,000 3,749,280 4,011,730 4,292,551 4,593,029Interest Cost 2,575,125 2,008,125 1,441,125 874,125 307,125 -Tax (1,424,269) (625,819) 442,847 637,324 839,073 1,009,581Net Cash Flows (1,770,856) 2,753,694 8,809,468 9,911,500 11,054,750 12,020,960118 Ramboda Falls Limited – Introductory Document
Tax ComputationY1 Y2 Y3 Y4 Y5 Y6Pre-tax Cash flow (620,000) 4,136,000 10,693,440 11,422,949 12,200,948 13,030,541Loan interest 2,575,125 2,008,125 1,441,125 874,125 307,125 -Capital Allowance 6,300,000 6,300,000 6,300,000 6,300,000 6,300,000 6,300,000Taxable Income (9,495,125) (4,172,125) 2,952,315 4,248,824 5,593,823 6,730,541Tax Saving/ Loss (1,424,269) (625,819) 442,847 637,324 839,073 1,009,581119 Ramboda Falls Limited – Introductory Document
Page 1 and 2:
RAMBODA FALLS LIMITEDIncorporated u
Page 3 and 4:
ABBREVIATIONS USED IN THIS INTRODUC
Page 5 and 6:
Information Relevant to the Introdu
Page 7 and 8:
2. OVERVIEW OF THE COMPANY2.1 RAMBO
Page 9 and 10:
A visitor to Ramboda Falls Hotel wi
Page 11 and 12:
agreement with the new owners of Ra
Page 13 and 14:
Construction of a hot water swimmin
Page 15 and 16:
Employee Risk - The business perfor
Page 17 and 18:
3. SENIOR MANAGEMENTThe senior mana
Page 19 and 20:
4. THE BOARD OF DIRECTORSThe Board
Page 21 and 22:
Mr. Ananda Karunarathne - Executive
Page 23 and 24:
5. CORPORATE GOVERNANCE5.1 INDEPEND
Page 25 and 26:
6. CAPITAL STRUCTURE6.1 STATED CAPI
Page 27 and 28:
6.6 SHAREHOLDERS OF RFLThe major sh
Page 29 and 30:
8. DECLARATION BY THE DIRECTORSWe,
Page 31 and 32:
Unaudited Unaudited Unaudited Unaud
Page 33 and 34:
RAMBODA FALLS LIMITED Unaudited Una
Page 35 and 36:
AUDITED FINANCIAL STATEMENTS AS AT
Page 37 and 38:
RAMBODA FALLS (PVT) LIMITEDINCOME S
Page 39 and 40:
RAMBODA FALLS (PVT) LIMITEDSTATEMEN
Page 41 and 42:
RAMBODA FALLS (PVT) LIMITEDNOTES TO
Page 43 and 44:
Page 45 and 46:
3.2.2 Inventories (Cont’d)RAMBODA
Page 47 and 48:
d. Defined benefit plans (Cont’d)
Page 49 and 50:
Page 51 and 52:
Page 53 and 54:
RAMBODA FALLS ( PVT) LIMITEDNOTES T
Page 55 and 56:
Page 57 and 58:
AUDITED FINANCIAL STATEMENTS AS AT
Page 59 and 60:
59 Ramboda Falls Limited - Introduc
Page 61 and 62:
RAMBODA FALLS (PVT) LTD.CASH FLOW S
Page 63 and 64:
Page 65 and 66:
Page 67 and 68: 67 Ramboda Falls Limited - Introduc
Page 69 and 70: RAMBODA FALLS (PVT) LTDNotes to the
Page 77 and 78: RAMBODA FALLS (PVT) LTD.INCOME STAT
Page 79 and 80: RAMBODA FALLS (PVT) LTD.STATEMENT O
Page 95 and 96: RAMBODA FALLS (PVT) LTD.Statement o
Page 97 and 98: Capital allowances For the Addition
Page 99 and 100: Members and Trading Members of the
Page 101 and 102: ANNEXURE II - TRANSFER OF SHARESNam
Page 103 and 104: Name of Transferor Name of Transfer
Page 105 and 106: PreambleIt is with great pleasure t
Page 107 and 108: LEGAL TITLE OF THE PROPERTY:Title t
Page 109 and 110: From the lower floor another flight
Page 111 and 112: Basement liquor store, laundry & mi
Page 113 and 114: SITE CHARACTERISTICS, LOCALITY, ARE
Page 115 and 116: 04. Assets:As per inventory taken (
Page 117: ANNEXURE IV - EXTRACTS FROM PROJECT
show all

Introductory Document - Colombo Stock Exchange

Create successful ePaper yourself

Delete template?

Save as template?