directors - Colombo Stock Exchange

notes to the Financial statements
148
Vehicles
Vehicle Parts
& Services
Lighting &
Power Tools
Construction &
Material Handling
Machinery
ANNUAL RepoRt 2009/10 DIeseL & MotoR eNGINeeRING pLC
Electro Mechanical
& Bio Medical
Engineering
For the year ended 31st March 2010 2009 2010 2009 2010 2009 2010 2009 2010 2009* 2010 2009*
Total
Restated Restated
Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000
Business Segment Cash Flow
Operating activities 531,318 781,543 264,478 39,835 67,452 37,889 (91,720) 176,931 (720) 43,565 770,808 1,079,763
Investing activities (4,355) (30,781) (10,462) (7,723) (697) (1,297) (4,799) (997) (720) (15,449) (21,033) (56,247)
Unallocated Cash Flows
Common cash flows 188,587 (313,307)
Income taxes paid
Proceeds from disposal of
(112,060) (140,804)
property, plant & equipment 10,919 41,397
Investment in shares – (298)
Proceeds from disposal of shares – 75,684
Dividends received 101 1,713
Interest received
Acquisition of construction of
1,163 1,519
property, plant & equipment
Acquisition of Company’s
(15,927) (61,850)
own shares – (543,618)
Proceeds from long-term loan – 350,000
Repayment of long-term loan
Repayment of finance
(235,993) (181,826)
lease obligations (7,678) (11,167)
Dividends paid
Net increase/(decrease) in
(52,214) (30,250)
cash & cash equivalents 526,673 210,709
Figures in brackets indicate outflows.
* Comparative figures have been restated to reflect the results of discontinued operations as explained in Note 10 to the Financial Statements.
Segment information is presented in respect of the Group’s business segments. The primary format, business segment, is based on the Group’s
management and internal reporting structure. Segment results, assets and liabilities include those items directly attributable to a segment as well as
those that can be allocated to the segment on a reasonable basis. Considering activities of the operations, segment information based on geographical
segments does not arise.
The presentation of segmentation is based on the nature of product line in the context of its domain.
6. Other Income/(Expenses)
Consolidated Company
2009/10 2008/09 2009/10 2008/09
Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000
Gain/(Loss) on disposal of property, plant & equipment (2,366) 16,998 (4,211) 16,901
Incentives received from principals 3,727 2,733 3,727 2,733
Rent income 8,777 1,114 5,717 1,115
Hiring income 3,402 7,002 3,402 7,002
Amortisation of deferred income 5,261 915 5,261 915
Sundry income 25,443 4,541 16,238 5,268
Gain on disposal of investment – 34,720 – 34,720
Impairment of investment in jointly controlled entity – – (1,323) (6,677)
44,244 68,023 28,811 61,977
statements of Changes in equity 138 Cash flow statements 139 Notes to the financial statements 141 ten year summary 165 share Information 166