ASIAN HOTELS AND PROPERTIES PLC AnnuAl RepoRt 2012/13

STATEMENT OF INCOMEPASSIONASIAN HOTELS AND PROPERTIES PLCAnnual Report 2012 /13126GroupCompanyFor the year ended 31st March 2013 2012 2013 2012Page No. Note Rs.’000 Rs.’000 Rs.’000 Rs.’000Revenue 139 5 7,890,978 8,855,241 5,050,755 6,479,762Cost of Sales (3,067,561) (4,477,465) (1,986,177) (3,556,776)Gross Profit 4,823,417 4,377,776 3,064,578 2,922,986Dividend Income 139 6 - - 234,422 117,211Other Operating Income 139 7 71,308 99,468 59,074 89,242Administrative Expenses (1,644,638) (1,522,489) (1,042,943) (971,008)Distribution Expenses (176,620) (170,447) (96,826) (99,707)Other Operating Expenses (565,991) (511,633) (334,173) (297,159)Results from operating activities 2,507,476 2,272,675 1,884,132 1,761,565Finance Cost 139 8 (455) (12,738) (359) (12,715)Finance Income 139 9 312,020 87,755 247,187 72,918Change in Fair Value of Investment Property 517,210 306,819 228,500 206,971Profit Before Tax 140 10 3,336,251 2,654,511 2,359,460 2,028,739Income Tax Expenses 140 11 (238,865) (152,053) (67,323) (20,858)Profit for the Year 3,097,386 2,502,458 2,292,137 2,007,881Attributable to:Equity Holders of the Parent 2,494,296 2,148,877 2,292,137 2,007,881Non-controlling Interest 603,090 353,581 - -3,097,386 2,502,458 2,292,137 2,007,881Earnings Per Share 141 12 5.63 4.85 5.18 4.53Dividend Per Share 141 13 4.00 2.00 4.00 2.00Figures in brackets indicate deductions.The accounting policies and notes as set out in pages 131 to 166 form an integral part of these Financial Statements.