Interim Financial Statements as of 31-03-2013 - Colombo Stock ...
Interim Financial Statements as of 31-03-2013 - Colombo Stock ...
Interim Financial Statements as of 31-03-2013 - Colombo Stock ...
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Vidullanka PLC and its SubsidiariesFirst time adoptions <strong>of</strong> SLFRSsReconciliation <strong>of</strong> Shareholders' EquityCompany<strong>as</strong> at <strong>31</strong>/<strong>03</strong>/2011 <strong>as</strong> at <strong>31</strong>/<strong>03</strong>/2012Under SLAS Reme<strong>as</strong>urements / Under SLFRS Under SLAS Reme<strong>as</strong>urements / Under SLFRSAdjustmentsAdjustments(Audited) (Restated) (Audited) (Restated)<strong>as</strong> at <strong>31</strong>/<strong>03</strong>/2011 <strong>as</strong> at <strong>31</strong>/<strong>03</strong>/2012ASSETSNon-Current AssetsProperty, Plant & Equipment 550,419,667 (15,551,8<strong>31</strong>) 534,867,836 549,505,212 (18,229,457) 5<strong>31</strong>,275,755Other Project Investments 80,064,258 80,064,258 171,057,307 171,057,307Investment in Subsidiaries & Joint Ventures 80,587,412 80,587,412 170,244,014 170,244,014711,071,337 (15,551,8<strong>31</strong>) 695,519,506 890,806,533 (18,229,457) 872,577,076Current AssetsTrade and Other Receivables 145,229,685 (16,008,734) 129,220,951 169,079,545 (12,155,470) 156,924,075Other Current <strong>Financial</strong> Assets 80,123,993 80,123,993 106,058,389 (43,679,677) 62,378,712C<strong>as</strong>h and Short-term deposits 211,743,150 211,743,150 4,894,088 4,894,088437,096,828 (16,008,734) 421,088,094 280,<strong>03</strong>2,022 (55,835,147) 224,196,875Total Assets 1,148,168,165 (<strong>31</strong>,560,565) 1,116,607,600 1,170,838,555 (74,064,604) 1,096,773,951EQUITY AND LIABILITIESCapital and ReservesStated Capital/Share Capital 673,887,932 673,887,932 673,887,932 673,887,932Retained Earnings 288,<strong>03</strong>3,744 (<strong>31</strong>,760,732) 256,273,012 263,919,556 (74,328,668) 189,590,888Equity attributable to owners <strong>of</strong> the parent 961,921,676 (<strong>31</strong>,760,732) 930,160,944 937,807,488 (74,328,668) 863,478,820Non Controlling Interest - - - - - -Total Equity 961,921,676 (<strong>31</strong>,760,732) 930,160,944 937,807,488 (74,328,668) 863,478,820Non-Current LiabilitiesInterest-bearing loans and borrowings 161,<strong>03</strong>4,728 161,<strong>03</strong>4,728 169,501,708 169,501,708Defined Benefit Liability 4,667,523 4,667,523 6,547,585 6,547,585165,702,251 - 165,702,251 176,049,293 - 176,049,293Current LiabilitiesOther Payables 4,283,342 200,167 4,483,509 12,197,702 264,065 12,461,767Interest-bearing loans and borrowings 16,260,896 16,260,896 40,889,737 40,889,737Deferred Taxation - - 3,894,335 3,894,33520,544,238 200,167 20,744,405 56,981,774 264,065 57,245,839Total Equity and Liabilities 1,148,168,165 (<strong>31</strong>,560,565) 1,116,607,600 1,170,838,555 (74,064,604) 1,096,773,9517
8. Public shareholding percentage <strong>as</strong> at <strong>31</strong> March <strong>2013</strong> w<strong>as</strong> 25.19%9. Directors ShareholdingDirector No. <strong>of</strong> Shares <strong>as</strong> <strong>of</strong> <strong>31</strong>March <strong>2013</strong>Mr. Osman K<strong>as</strong>sim (Chairman) -Mr. Riyaz M. Sangani (Managing Director) 16,232,850Mr. Shahid M. Sangani 513,573Mr. S. Ranjan Mather 1,739,288Dr. A. A. M. Haroon -Mr. M. Zulficar Ghouse -Dr. T. Senthilverl 122,865,891Mr. C.F. Fuhrer -Mrs. Roshini Sangani 6,864,657Mr. Sidath Fernando 11,000,000Mr. Sattar K<strong>as</strong>sim -10. Top 20 shareholders <strong>as</strong> at <strong>31</strong> March <strong>2013</strong> are given below:Name <strong>of</strong> Shareholders Number <strong>of</strong> Shares %01 Dr.T Senthilverl 122,865,891 25.7402 Belmont Agents Limited 75,000,000 15.71<strong>03</strong> Wembley Spirit Limited 66,026,286 13.8304 Mrs.Ren Lan Mather 24,500,000 5.1305 Trustees to Employee Share Option Scheme 17,707,748 3.7106 ABC International Limited 17,469,642 3.6607 Mr.Riyaz Mohamed Sangani 16,232,850 3.4008 Ms.Yumna Kunimoto 15,664,708 3.2809 Ms.Mohamed Shafee Mohideen 12,612,665 2.6410 Mrs.Zaibunissa Mohamed Sangani 11,259,274 2.3611 Mr.Sidath Sri Vidanage Fernando 11,000,000 2.3012 Mrs.Sabera Riyaz Sangani 10,271,883 2.1513 Mr.Suhayb Muhammed Sangani 10,000,053 2.1014 Equity Investments Limited 8,170,064 1.7115 Mr.Ranjeet Bhanwarlal Barmecha 7,200,001 1.5116 Mrs.Biyagamage Roshini Indira Sangani 6,864,657 1.4417 Adl Equities Limited/Dynaw<strong>as</strong>h Ltd 6,676,900 1.4018 Lanka Equities (Private) Limited 2,454,734 0.5119 LEL Investments (Pvt) Ltd 2,180,855 0.4620 Rosewood (Pvt) Limited - Account No.2 2,000,000 0.42Total 446,158,211 93.4810
CORPORATE INFORMATIONCompany StatusPublic Limited Liability Company listed in the <strong>Colombo</strong> <strong>Stock</strong> Exchange on 10th June 2005.Re - Registration Date & Number27th September 2007PQ 83Company SecretaryManagers & Secretaries (Pvt) LimitedNo 8 Tickle Road,<strong>Colombo</strong> 8.Registered OfficeLevel 04, ‘Access Towers’No 278 Union Place,<strong>Colombo</strong> 2.Telephone – 011 4760000Fax – 011 4760076Email – info@vidullanka .comWeb – www.vidullanka.comAuditorsM/s. Ernst & Young, Chartered AccountantsNo 201, De Saram Place,<strong>Colombo</strong> 10.BankersAmana Bank LimitedCommercial Bank <strong>of</strong> Ceylon PLCHatton National Bank PLCMuslim Commercial Bank Limited11
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