ASIRI SURGICAL HOSPITAL PLC
PROVISIONAL ACCOUNTS FOR THE PERIOD ENDED
30 JUNE 2022
Asiri Surgical Hospital PLC
STATEMENT OF PROFIT OR LOSS
For the Three Months Period Ended 30 June | |||||||||||||||||||
Group | Company | ||||||||||||||||||
2022 | 2021 | Variance | Variance | 2022 | 2021 | Variance | Variance | ||||||||||||
Rs. | Rs. | Rs. | % | Rs. | Rs. | Rs. | % | ||||||||||||
Un-audited | Un-audited | Un-audited | Un-audited | ||||||||||||||||
Revenue | 1,216,588,669 | 1,261,285,804 | (44,697,135) | (3. | 5 %) | 1,092,068,797 | 1,174,172,867 | (82,104,071) | (7. | 0 %) | |||||||||
Cost of Services | (783,469,098) | (761,695,824) | (21,773,274) | (2. | 9 %) | (720,669,850) | (719,343,442) | (1,326,407) | (0. | 2 %) | |||||||||
Gross Profit | 433,119,571 | 499,589,980 | (66,470,408) | (13. | 3 %) | 371,398,947 | 454,829,425 | (83,430,478) | (18. | 3 %) | |||||||||
Other Income | 23,546,835 | 9,858,391 | 13,688,444 | 138. 9 % | 47,962,652 | 19,829,341 | 28,133,311 | 141. 9 % | |||||||||||
Administrative Expenses | (262,183,775) | (215,021,877) | (47,161,898) | (21. | 9 %) | (247,110,396) | (205,133,054) | (41,977,342) | (20. | 5 %) | |||||||||
Selling and Distribution Costs | (34,384,447) | (39,515,656) | 5,131,208 | 13. 0 % | (28,123,931) | (34,297,385) | 6,173,454 | 18. 0 % | |||||||||||
Finance Cost | (166,014,210) | (49,522,754) | (116,491,456) | (235. | 2 %) | (168,668,835) | (45,592,891) | (123,075,944) | (269. | 9 %) | |||||||||
Finance Income | 216,731,678 | 47,735,960 | 168,995,718 | 354. 0 % | 215,425,128 | 46,843,705 | 168,581,423 | 359. 9 % | |||||||||||
Profit Before Tax | 210,815,652 | 253,124,045 | (42,308,393) | (16. | 7 %) | 190,883,566 | 236,479,142 | (45,595,577) | (19. | 3 %) | |||||||||
Income Tax Expense | (47,638,941) | (41,563,202) | (6,075,738) | (14. | 6 %) | (57,949,851) | (40,900,389) | (17,049,462) | (41. | 7 %) | |||||||||
Profit for the Period | 163,176,711 | 211,560,843 | (48,384,133) | (22. | 9 %) | 132,933,715 | 195,578,753 | (62,645,038) | (32. | 0 %) | |||||||||
Attributable to: | |||||||||||||||||||
Equity holders of the parent | 144,656,224 | 203,108,170 | |||||||||||||||||
Non-controlling interest | 18,520,487 | 8,452,673 | |||||||||||||||||
Earnings Per Share - Basic | 0.27 | 0.38 | 0.25 | 0.37 | |||||||||||||||
Dividend Per Share | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||
- 1 -
Asiri Surgical Hospital PLC
STATEMENT OF COMPREHENSIVE INCOME
For the Three Months Period Ended 30 June
Group | Company | ||||||||||
2022 | 2021 | 2022 | 2021 | ||||||||
Rs. | Rs. | Rs. | Rs. | ||||||||
Un-audited | Un-audited | Un-audited | Un-audited | ||||||||
Profit for the Period | 163,176,711 | 211,560,843 | 132,933,715 | 195,578,753 | |||||||
Other Comprehensive Income/(Loss) | |||||||||||
Other Comprehensive Income/(Loss) not to be reclassified to profit or loss | |||||||||||
in subsequent periods (net of tax) : | |||||||||||
Loss on valuation of Financial Assets - FVOCI | (116,197,476) | 6,201,185 | (116,197,476) | 6,201,185 | |||||||
(116,197,476) | 6,201,185 | (116,197,476) | 6,201,185 | ||||||||
Net Other Comprehensive Income/(Loss) not to be reclassified to profit or | |||||||||||
loss in subsequent periods (net of tax) | (116,197,476) | 6,201,185 | (116,197,476) | 6,201,185 | |||||||
Other Comprehensive Income/(Loss) for the period, net of tax | (116,197,476) | 6,201,185 | (116,197,476) | 6,201,185 | |||||||
Total Comprehensive Income/(Loss) for the period, net of tax | 46,979,235 | 217,762,028 | 16,736,239 | 201,779,938 | |||||||
Attributable to: | |||||||||||
Equity holders of the parent | 28,458,748 | 209,770,983 | |||||||||
Non-controlling interest | 18,520,487 | 7,991,045 | |||||||||
- 2 -
Asiri Surgical Hospital PLC
STATEMENT OF FINANCIAL POSITION
Group | Company | Group | Company | |||||||||||||
As at | As at | As at | As at | As at | As at | |||||||||||
31-Mar-22 | 31-Mar-22 | 30-Jun-22 | 30-Jun-21 | 30-Jun-22 | 30-Jun-21 | |||||||||||
Rs. | Rs. | Rs. | Rs. | Rs. | Rs. | |||||||||||
Audited | Audited | Un-audited | Un-audited | Un-audited | Un-audited | |||||||||||
ASSETS | ||||||||||||||||
Non-current Assets | ||||||||||||||||
4,616,830,197 | 4,112,761,975 | Property, Plant and | Equipment | 4,619,402,847 | 3,982,361,294 | 4,130,605,660 | 3,486,926,738 | |||||||||
22,524,524 | 22,524,524 | Right-of-use Asset | 22,450,431 | 22,746,806 | 22,450,430 | 22,746,806 | ||||||||||
- | 258,300,000 | Investment property | - | - | 258,300,000 | 214,700,000 | ||||||||||
- | 33,800,104 | Investment in Subsidiary | - | - | 33,800,105 | 33,800,105 | ||||||||||
2,090,928,818 | 2,090,928,818 | Financial Assets - FVOCI | 1,997,516,435 | 2,007,980,990 | 1,997,516,435 | 2,007,980,990 | ||||||||||
25,982,000 | 25,982,000 | Non Current Assets | 25,982,000 | 25,982,000 | 25,982,000 | 25,982,000 | ||||||||||
6,756,265,539 | 6,544,297,421 | 6,665,351,713 | 6,039,071,090 | 6,468,654,630 | 5,792,136,639 | |||||||||||
Current Assets | ||||||||||||||||
303,517,063 | 301,720,469 | Inventories | 360,079,739 | 189,705,829 | 357,241,104 | 185,904,363 | ||||||||||
814,435,857 | 809,023,181 | Trade and Other Receivables | 670,290,724 | 716,158,274 | 655,868,770 | 712,359,961 | ||||||||||
223,259,631 | 220,891,318 | Other Current Assets | 237,166,431 | 211,610,265 | 236,915,386 | 211,359,222 | ||||||||||
2,213,146,804 | 2,213,146,804 | Loans Granted to Related Parties | 2,910,488,594 | 1,409,414,004 | 2,910,488,594 | 1,409,414,004 | ||||||||||
315,653,331 | 93,490,665 | Cash and Cash Equivalents | 224,699,311 | 299,752,764 | 173,697,185 | 160,797,911 | ||||||||||
3,870,012,686 | 3,638,272,437 | 4,402,724,799 | 2,826,641,136 | 4,334,211,039 | 2,679,835,461 | |||||||||||
10,626,278,225 | 10,182,569,858 | Total Assets | 11,068,076,512 | 8,865,712,226 | 10,802,865,669 | 8,471,972,100 | ||||||||||
EQUITY AND LIABILITIES | ||||||||||||||||
Capital and Reserves | ||||||||||||||||
1,393,327,565 | 1,393,327,565 | Stated Capital | 1,393,327,565 | 1,393,327,565 | 1,393,327,565 | 1,393,327,565 | ||||||||||
1,784,253,033 | 1,740,880,907 | Other Components of Equity | 1,668,055,558 | 1,318,887,740 | 1,624,683,430 | 1,316,195,097 | ||||||||||
1,968,625,832 | 1,954,296,481 | Retained Earnings | 2,113,282,056 | 2,091,435,119 | 2,087,230,196 | 2,047,654,837 | ||||||||||
5,146,206,430 | 5,088,504,952 | Share Holders' Fund | 5,174,665,178 | 4,803,650,424 | 5,105,241,191 | 4,757,177,499 | ||||||||||
134,118,156 | - | Non-Controlling Interests | 152,638,643 | 81,188,261 | - | - | ||||||||||
5,280,324,586 | 5,088,504,952 | Total Equity | 5,327,303,822 | 4,884,838,685 | 5,105,241,191 | 4,757,177,499 | ||||||||||
Non-current Liabilities | ||||||||||||||||
5,720,650 | 5,720,650 | Lease Liability | 5,720,650 | 9,433,233 | 5,720,650 | 9,433,233 | ||||||||||
1,539,586,363 | 1,462,086,364 | Interest Bearing Loans and Borrowings | 1,408,838,729 | 1,955,067,152 | 1,346,338,729 | 1,832,567,152 | ||||||||||
147,442,314 | 145,001,634 | Employee Benefit Liability | 149,594,226 | 150,771,170 | 146,751,063 | 149,060,591 | ||||||||||
405,516,966 | 393,752,281 | Deferred Tax Liability | 393,351,623 | 315,371,283 | 391,820,503 | 309,691,332 | ||||||||||
2,098,266,293 | 2,006,560,929 | 1,957,505,228 | 2,430,642,838 | 1,890,630,945 | 2,300,752,308 | |||||||||||
Current Liabilities | ||||||||||||||||
755,380,866 | 656,298,136 | Trade and Other Payables | 803,806,763 | 784,943,916 | 681,763,053 | 709,602,461 | ||||||||||
481,853,921 | 481,853,921 | Dividend Payable | 6,181,632 | 4,632,368 | 6,181,632 | 4,632,368 | ||||||||||
3,712,584 | 3,712,584 | Lease Liability | 4,042,746 | 3,700,799 | 4,042,746 | 3,700,799 | ||||||||||
1,834,028,796 | 1,772,928,156 | Interest Bearing Loans and Borrowings | 2,201,519,133 | 696,365,286 | 2,347,288,914 | 635,267,286 | ||||||||||
116,952,138 | 116,952,138 | Tax Payable | 139,287,358 | 60,588,334 | 139,287,358 | 60,839,379 | ||||||||||
55,759,041 | 55,759,041 | Bank Overdraft | 628,429,831 | - | 628,429,831 | - | ||||||||||
3,247,687,346 | 3,087,503,976 | 3,783,267,462 | 1,550,230,703 | 3,806,993,533 | 1,414,042,293 | |||||||||||
10,626,278,225 | 10,182,569,858 | Total Equity and Liabilities | 11,068,076,512 | 8,865,712,226 | 10,802,865,669 | 8,471,972,100 | ||||||||||
9.74 | 9.63 | Net Assets Per Share | 10.08 | 9.24 | 9.66 | 9.00 | ||||||||||
Sgd | ||||||||||||||||
Mr. Ajith Karunarathne | ||||||||||||||||
Director Finance | ||||||||||||||||
Sgd | Sgd | |||||||||||||||
Mr. Ashok Pathirage | Dr. Manjula Karunaratne | |||||||||||||||
Chairman / Managing Director | Director / Chief Executive Officer |
12 August 2022
Colombo
- 3 -
Asiri Surgical Hospital PLC
STATEMENT OF CHANGES IN EQUITY
For the Period Ended 30 June
Group | |||||||||||||||
Attributable to equity holders of parent | Non - | ||||||||||||||
FV Reserves of | |||||||||||||||
Controlling | Total Equity | ||||||||||||||
Stated | Financial Assets | Revaluation | Retained | ||||||||||||
Interest | |||||||||||||||
Capital | at FVOCI | Reserves | Earnings | Total | |||||||||||
Rs. | Rs. | Rs. | Rs. | Rs. | Rs. | Rs. | |||||||||
Balance as at 01 April 2021 | 1,393,327,565 | (172,842,703) | 1,485,529,258 | 1,888,326,949 | 4,594,341,069 | 72,735,588 | 4,667,076,657 | ||||||||
Profit for the Period | - | - | - | 203,108,170 | 203,108,170 | 8,452,673 | 211,560,843 | ||||||||
Other comprehensive Income | 6,201,185 | - | - | 6,201,185 | - | 6,201,185 | |||||||||
Total Comprehensive Income | - | 6,201,185 | - | 203,108,170 | 209,309,355 | 8,452,673 | 217,762,028 | ||||||||
Balance as at 30 June 2021 | 1,393,327,565 | (166,641,518) | 1,485,529,258 | 2,091,435,119 | 4,803,650,424 | 81,188,261 | 4,884,838,685 | ||||||||
Balance as at 01 April 2022 | 1,393,327,565 | (290,693,691) | 2,074,946,724 | 1,968,625,832 | 5,146,206,430 | 134,118,156 | 5,280,324,586 | ||||||||
Profit for the Period | - | - | - | 144,656,224 | 144,656,224 | 18,520,487 | 163,176,712 | ||||||||
Other comprehensive Income | (116,197,476) | - | - | (116,197,476) | - | (116,197,476) | |||||||||
Total Comprehensive Income | - | (116,197,476) | - | 144,656,224 | 28,458,748 | 18,520,487 | 46,979,236 | ||||||||
Interim Dividend Paid - Ordinary Shares | - | - | - | - | - | - | - | ||||||||
Balance as at 30 June 2022 | 1,393,327,565 | (406,891,167) | 2,074,946,724 | 2,113,282,056 | 5,174,665,178 | 152,638,643 | 5,327,303,822 | ||||||||
FV Reserves of | |||||||||||||||
Stated | Financial Assets | Revaluation | Retained | Total Equity | |||||||||||
Company | Capital | at FVOCI | Reserves | Earnings | |||||||||||
Rs. | Rs. | Rs. | Rs. | Rs. | |||||||||||
Balance as at 01 April 2021 | 1,393,327,565 | (172,842,703) | 1,482,836,615 | 1,852,076,084 | 4,555,397,561 | ||||||||||
Profit for the Period | - | - | - | 195,578,753 | 195,578,753 | ||||||||||
Other comprehensive Income | 6,201,185 | - | - | 6,201,185 | |||||||||||
Total Comprehensive Income | - | 6,201,185 | - | 195,578,753 | 201,779,938 | ||||||||||
Interim Dividend Paid - Ordinary Shares | |||||||||||||||
Balance as at 30 June 2021 | 1,393,327,565 | (166,641,518) | 1,482,836,615 | 2,047,654,837 | 4,757,177,499 | ||||||||||
Balance as at 01 April 2022 | 1,393,327,565 | (290,693,691) | 2,031,574,598 | 1,954,296,481 | 5,088,504,952 | ||||||||||
Profit for the Period | - | - | - | 132,933,715 | 132,933,715 | ||||||||||
Other comprehensive Income | (116,197,476) | - | - | (116,197,476) | |||||||||||
Total Comprehensive Income | - | (116,197,476) | - | 132,933,715 | 16,736,239 | ||||||||||
Interim Dividend Paid - Ordinary Shares | - | - | |||||||||||||
Balance as at 30 June 2022 | 1,393,327,565 | (406,891,167) | 2,031,574,598 | 2,087,230,196 | 5,105,241,191 | ||||||||||
- 4 -
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Asiri Surgical Hospital plc published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 10:44:04 UTC.