Balance Sheet Ceylon Tobacco Company PLC

Equities

CTC.N0000

LK0042N00008

Tobacco

End-of-day quote Colombo S.E. Other stock markets 05/12/2025			5-day change	1st Jan Change
1,686.50 ^LKR	-0.31%		-0.43%	+20.70%

11-12	Ceylon Tobacco Company plc Announces Cash Dividend Interim for the Third Quarter 2025, Payable on 11 December 2025	CI
11-12	Ceylon Tobacco Company PLC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025	CI

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Published financial data: CEYLON TOBACCO COMPANY PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	32.07B	33.62B	44.27B	57.72B	62.53B
Total Revenues	32.07B	33.62B	44.27B	57.72B	62.53B
Cost of Goods Sold, Total	2.38B	2.9B	3.81B	3.97B	4.62B
Gross Profit	29.69B	30.72B	40.46B	53.75B	57.91B
Selling General & Admin Expenses, Total	1.29B	1.42B	1.82B	2.5B	2.79B
Depreciation & Amortization - (IS)	339M	333M	364M	486M	664M
Amortization of Goodwill and Intangible Assets - (IS)	1.15M	1.15M	670K	-	-
Other Operating Expenses	3.37B	2.74B	4.88B	6.1B	6.71B
Other Operating Expenses, Total	5B	4.49B	7.07B	9.08B	10.16B
Operating Income	24.69B	26.23B	33.39B	44.67B	47.75B
Interest Expense, Total	-24.27M	-20.11M	-19.23M	-31.54M	-18.81M
Interest And Investment Income	787M	539M	1.22B	1.58B	1.29B
Net Interest Expenses	763M	519M	1.2B	1.54B	1.27B
Currency Exchange Gains (Loss)	-	-	-5.48M	43.73M	30.76M
EBT, Excl. Unusual Items	25.45B	26.75B	34.59B	46.25B	49.05B
Restructuring Charges	-78.5M	-102M	-196M	-114M	-72.02M
Gain (Loss) On Sale Of Assets	57.87M	-	-	-	-
Asset Writedown	-317K	-2.11M	-	-	-
EBT, Incl. Unusual Items	25.43B	26.65B	34.39B	46.14B	48.98B
Income Tax Expense	9.86B	10.5B	13.92B	18.48B	19.33B
Earnings From Continuing Operations	15.58B	16.15B	20.47B	27.66B	29.64B
Net Income to Company	15.58B	16.15B	20.47B	27.66B	29.64B
Net Income - (IS)	15.58B	16.15B	20.47B	27.66B	29.64B
Net Income to Common Incl Extra Items	15.58B	16.15B	20.47B	27.66B	29.64B
Net Income to Common Excl. Extra Items	15.58B	16.15B	20.47B	27.66B	29.64B
Per Share Items
Net EPS - Basic	83.16	86.2	109.27	147.64	158.24
Basic EPS - Continuing Operations	83.16	86.2	109.27	147.64	158.24
Basic Weighted Average Shares Outstanding	187M	187M	187M	187M	187M
Net EPS - Diluted	83.16	86.2	109.27	147.64	158.24
Diluted EPS - Continuing Operations	83.16	86.2	109.27	147.64	158.24
Diluted Weighted Average Shares Outstanding	187M	187M	187M	187M	187M
Normalized Basic EPS	84.93	89.25	115.4	154.33	163.65
Normalized Diluted EPS	84.93	89.25	115.4	154.33	163.65
Dividend Per Share	82.85	53	109.3	147.64	158.24
Payout Ratio	102.28	51.07	26.85	130.37	90.78
Supplemental Items
EBITDA	24.91B	26.45B	33.64B	44.95B	48.18B
EBITA	24.69B	26.23B	33.39B	44.67B	47.75B
EBIT	24.69B	26.23B	33.39B	44.67B	47.75B
EBITDAR	24.92B	26.45B	33.65B	44.96B	48.2B
Total Revenues (As Reported)	32.07B	33.62B	44.27B	57.72B	62.53B
Effective Tax Rate - (Ratio)	38.75	39.4	40.49	40.06	39.48
Current Domestic Taxes	10.06B	10.52B	13.93B	18.29B	19.32B
Total Current Taxes	10.06B	10.52B	13.93B	18.29B	19.32B
Deferred Domestic Taxes	-200M	-19.23M	-2.56M	199M	18.95M
Total Deferred Taxes	-200M	-19.23M	-2.56M	199M	18.95M
Normalized Net Income	15.91B	16.72B	21.62B	28.91B	30.66B
Interest on Long-Term Debt	24.27M	20.11M	19.23M	31.54M	18.81M
Non-Cash Pension Expense	-19.88M	6.72M	-43.61M	-31.7M	-12.05M
Supplemental Operating Expense Items
Net Rental Expense, Total	17.85M	8.61M	10.38M	12.89M	13.92M
Imputed Operating Lease Interest Expense	17M	6.74M	4.49M	5.98M	4.32M
Imputed Operating Lease Depreciation	855K	1.87M	5.88M	6.91M	9.6M
Maintenance & Repair Expenses, Total	217M	277M	290M	242M	470M
Stock-Based Comp., Other (Total)	2.96M	6.77M	18.73M	10.71M	6.52M
Total Stock-Based Compensation	2.96M	6.77M	18.73M	10.71M	6.52M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	9.78B	8.59B	24.22B	24.54B	27.56B
Total Cash And Short Term Investments	9.78B	8.59B	24.22B	24.54B	27.56B
Accounts Receivable, Total	2.87B	6.52B	4.03B	4.26B	3.51B
Other Receivables	-14.11M	437M	714M	857M	1.26B
Notes Receivable	154M	264M	177M	129M	103M
Total Receivables	3.01B	7.22B	4.93B	5.25B	4.87B
Inventory	3.73B	4.61B	6.3B	6.61B	6.28B
Other Current Assets, Total	216M	188M	226M	357M	307M
Total Current Assets	16.74B	20.61B	35.67B	36.75B	39.02B
Gross Property Plant And Equipment	8.61B	9.47B	10.01B	10.47B	11.48B
Accumulated Depreciation	-3.93B	-4.12B	-4.46B	-4.58B	-4.98B
Net Property Plant And Equipment	4.68B	5.35B	5.55B	5.88B	6.5B
Other Intangibles, Total	1.82M	670K	-	-	-
Loans Receivable Long-Term	112M	136M	181M	219M	233M
Other Long-Term Assets, Total	181M	370M	158M	89.28M	66.82M
Total Assets	21.72B	26.47B	41.56B	42.95B	45.82B
Liabilities
Accounts Payable, Total	1.4B	1.18B	1.79B	974M	1.69B
Accrued Expenses, Total	6.41B	1.84B	4.45B	17.24B	20.28B
Current Portion of Leases	105M	122M	63.3M	243M	57.43M
Current Income Taxes Payable	4.97B	4.22B	6.75B	10.4B	10.05B
Other Current Liabilities	3.76B	9.64B	10.21B	1.39B	1.71B
Total Current Liabilities	16.64B	17B	23.27B	30.25B	33.78B
Long-Term Debt	-	-	367M	324M	293M
Long-Term Leases	83.77M	100M	57.52M	32.48M	20.04M
Pension & Other Post Retirement Benefits	163K	163K	163K	-	-
Deferred Tax Liability Non Current	396M	377M	375M	574M	593M
Other Non Current Liabilities	-	1K	1K	-	-
Total Liabilities	17.12B	17.48B	24.07B	31.18B	34.68B
Common Stock, Total	1.87B	1.87B	1.87B	1.87B	1.87B
Retained Earnings	2.73B	7.11B	15.62B	9.89B	9.26B
Total Common Equity	4.6B	8.99B	17.49B	11.76B	11.14B
Total Equity	4.6B	8.99B	17.49B	11.76B	11.14B
Total Liabilities And Equity	21.72B	26.47B	41.56B	42.95B	45.82B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	187M	187M	187M	187M	187M
ECS Total Common Shares Outstanding	187M	187M	187M	187M	187M
Book Value / Share	24.57	47.98	93.38	62.8	59.45
Tangible Book Value	4.6B	8.99B	17.49B	11.76B	11.14B
Tangible Book Value Per Share	24.56	47.97	93.38	62.8	59.45
Total Debt	189M	222M	488M	599M	370M
Net Debt	-9.59B	-8.37B	-23.73B	-23.94B	-27.19B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-181M	-370M	-158M	-89.28M	-66.82M
Debt Equivalent Oper. Leases	143M	68.88M	83M	103M	111M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	3.53B	4.57B	5.86B	6.3B	6.78B
Inventories - Work In Process, Total	51.1M	43.22M	61.35M	109M	91.58M
Inventories - Finished Goods, Total	265M	86.5M	550M	390M	125M
Land - (BS)	96.84M	96.84M	96.84M	96.84M	96.84M
Buildings, Total	642M	650M	725M	998M	1.11B
Machinery, Total	5.72B	5.77B	5.95B	6.32B	8.04B
Full Time Employees	262	269	267	249	244

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	15.58B	16.15B	20.47B	27.66B	29.64B
Depreciation & Amortization - CF	339M	333M	364M	486M	664M
Depreciation & Amortization, Total	339M	333M	364M	486M	664M
Amortization of Deferred Charges, Total - (CF)	1.15M	1.15M	670K	-	-
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Asset Writedown & Restructuring Costs	317K	2.11M	-	-	-
Other Operating Activities, Total	-1.65B	-741M	-3.75B	-421M	-3.04B
Change In Accounts Receivable	-470M	-4.21B	2.24B	-504M	393M
Change In Inventories	-1B	-853M	-1.77B	-331M	-196M
Change In Accounts Payable	-2.85B	-2.66B	3.86B	10.19B	3.95B
Cash from Operations	9.94B	8.02B	21.41B	37.08B	31.41B
Capital Expenditure	-952M	-844M	-541M	-509M	-1.24B
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Other Investing Activities, Total	-	-	-1K	-	-
Cash from Investing	-952M	-844M	-541M	-509M	-1.24B
Long-Term Debt Issued, Total	-	-	362M	-	-
Total Debt Issued	-	-	362M	-	-
Long-Term Debt Repaid, Total	-121M	-122M	-116M	-195M	-237M
Total Debt Repaid	-121M	-122M	-116M	-195M	-237M
Common Dividends Paid	-15.93B	-8.25B	-5.5B	-36.05B	-26.91B
Common & Preferred Stock Dividends Paid	-15.93B	-8.25B	-5.5B	-36.05B	-26.91B
Cash from Financing	-16.05B	-8.37B	-5.25B	-36.25B	-27.15B
Miscellaneous Cash Flow Adjustments	-	-1K	-	-1K	-
Net Change in Cash	-7.06B	-1.19B	15.62B	321M	3.02B
Supplemental Items
Cash Interest Paid	24.27M	20.11M	19.23M	31.54M	18.81M
Cash Income Tax Paid (Refund)	11.56B	11.27B	11.39B	14.62B	19.63B
Levered Free Cash Flow	8.68B	11.17B	27.59B	33.93B	33.73B
Unlevered Free Cash Flow	8.69B	11.18B	27.6B	33.95B	33.74B
Change In Net Working Capital	6.13B	4.71B	-6.89B	-6.04B	-4.46B
Net Debt Issued / Repaid	-121M	-122M	246M	-195M	-237M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	63.78	68.04	61.36	66.07	67.24
Return on Total Capital	320.4	234.2	153.51	183.99	250.03
Return On Equity %	337.73	237.63	154.6	189.05	258.87
Return on Common Equity	337.73	237.63	154.6	189.05	258.87
Margin Analysis
Gross Profit Margin %	92.57	91.39	91.4	93.12	92.61
SG&A Margin	4.01	4.21	4.12	4.32	4.46
EBITDA Margin %	77.66	78.67	75.99	77.88	77.06
EBITA Margin %	76.99	78.04	75.42	77.38	76.36
EBIT Margin %	76.99	78.04	75.42	77.38	76.36
Income From Continuing Operations Margin %	48.57	48.03	46.23	47.91	47.41
Net Income Margin %	48.57	48.03	46.23	47.91	47.41
Net Avail. For Common Margin %	48.57	48.03	46.23	47.91	47.41
Normalized Net Income Margin	49.6	49.74	48.83	50.08	49.03
Levered Free Cash Flow Margin	27.06	33.22	62.32	58.78	53.94
Unlevered Free Cash Flow Margin	27.11	33.26	62.35	58.81	53.96
Asset Turnover
Asset Turnover	1.33	1.4	1.3	1.37	1.41
Fixed Assets Turnover	7.41	6.7	8.12	10.09	10.1
Receivables Turnover (Average Receivables)	11.89	7.16	8.39	13.92	16.1
Inventory Turnover (Average Inventory)	0.74	0.69	0.7	0.62	0.72
Short Term Liquidity
Current Ratio	1.01	1.21	1.53	1.21	1.16
Quick Ratio	0.76	0.91	1.24	0.98	0.96
Operating Cash Flow to Current Liabilities	0.6	0.47	0.92	1.23	0.93
Days Sales Outstanding (Average Receivables)	30.78	51	43.51	26.23	22.73
Days Outstanding Inventory (Average Inventory)	495.94	525.97	523.04	593.49	510.91
Average Days Payable Outstanding	141.34	124.84	90.94	117.43	113.49
Cash Conversion Cycle (Average Days)	385.39	452.13	475.61	502.29	420.15
Long Term Solvency
Total Debt/Equity	4.1	2.48	2.79	5.1	3.33
Total Debt / Total Capital	3.94	2.42	2.72	4.85	3.22
LT Debt/Equity	1.82	1.11	2.43	3.03	2.81
Long-Term Debt / Total Capital	1.75	1.09	2.36	2.88	2.72
Total Liabilities / Total Assets	78.81	66.05	57.91	72.61	75.69
EBIT / Interest Expense	1.02K	1.3K	1.74K	1.42K	2.54K
EBITDA / Interest Expense	1.03K	1.32K	1.76K	1.43K	2.57K
(EBITDA - Capex) / Interest Expense	991.94	1.28K	1.73K	1.42K	2.51K
Total Debt / EBITDA	0.01	0.01	0.01	0.01	0.01
Net Debt / EBITDA	-0.38	-0.32	-0.7	-0.53	-0.56
Total Debt / (EBITDA - Capex)	0.01	0.01	0.01	0.01	0.01
Net Debt / (EBITDA - Capex)	-0.4	-0.33	-0.71	-0.54	-0.58
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-9.72	4.81	31.7	30.38	8.33
Gross Profit, 1 Yr. Growth %	-9.83	3.48	31.72	32.83	7.74
EBITDA, 1 Yr. Growth %	-8.97	6.18	27.21	33.66	7.19
EBITA, 1 Yr. Growth %	-9.13	6.24	27.3	33.76	6.9
EBIT, 1 Yr. Growth %	-9.13	6.24	27.3	33.76	6.9
Earnings From Cont. Operations, 1 Yr. Growth %	-9.74	3.65	26.77	35.11	7.19
Net Income, 1 Yr. Growth %	-9.74	3.65	26.77	35.11	7.19
Normalized Net Income, 1 Yr. Growth %	-11.63	5.09	29.3	33.73	6.04
Diluted EPS Before Extra, 1 Yr. Growth %	-9.74	3.65	26.77	35.11	7.18
Accounts Receivable, 1 Yr. Growth %	14.05	126.8	-38.11	5.58	-17.68
Inventory, 1 Yr. Growth %	36.74	23.57	36.66	4.9	-4.97
Net Property, Plant and Equip., 1 Yr. Growth %	17.7	14.21	3.82	6	10.41
Total Assets, 1 Yr. Growth %	-18.55	21.85	57.02	3.33	6.69
Tangible Book Value, 1 Yr. Growth %	-0.42	95.33	94.66	-32.75	-5.33
Common Equity, 1 Yr. Growth %	-0.44	95.27	94.65	-32.75	-5.33
Cash From Operations, 1 Yr. Growth %	-36.3	-19.32	166.91	73.15	-15.3
Capital Expenditures, 1 Yr. Growth %	7.63	-11.31	-35.9	-5.93	143.19
Levered Free Cash Flow, 1 Yr. Growth %	-39.63	28.67	147.08	22.96	-0.58
Unlevered Free Cash Flow, 1 Yr. Growth %	-39.6	28.59	146.91	22.98	-0.61
Dividend Per Share, 1 Yr. Growth %	-10.07	-36.03	106.23	35.08	7.18
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-1.31	-2.72	17.49	31.04	18.84
Gross Profit, 2 Yr. CAGR %	-0.65	-3.41	16.75	32.28	19.63
EBITDA, 2 Yr. CAGR %	-2.56	-1.69	16.22	30.38	19.7
EBITA, 2 Yr. CAGR %	-2.66	-1.74	16.29	30.49	19.58
EBIT, 2 Yr. CAGR %	-2.66	-1.74	16.29	30.49	19.58
Earnings From Cont. Operations, 2 Yr. CAGR %	-4.29	-3.28	14.63	30.87	20.34
Net Income, 2 Yr. CAGR %	-4.29	-3.28	14.63	30.87	20.34
Normalized Net Income, 2 Yr. CAGR %	-4.02	-3.63	16.57	31.5	19.08
Diluted EPS Before Extra, 2 Yr. CAGR %	-4.29	-3.27	14.63	30.87	20.34
Accounts Receivable, 2 Yr. CAGR %	16.91	60.83	18.47	-19.17	-6.77
Inventory, 2 Yr. CAGR %	26.45	29.99	29.95	19.73	-0.16
Net Property, Plant and Equip., 2 Yr. CAGR %	23.26	15.94	8.89	4.9	8.18
Total Assets, 2 Yr. CAGR %	-12.25	-0.38	38.32	27.38	5
Tangible Book Value, 2 Yr. CAGR %	-7.35	39.47	95	14.42	-20.21
Common Equity, 2 Yr. CAGR %	-7.33	39.43	94.96	14.41	-20.21
Cash From Operations, 2 Yr. CAGR %	-28.32	-28.31	46.75	114.98	21.11
Capital Expenditures, 2 Yr. CAGR %	-2.25	-2.3	-24.6	-22.35	51.25
Levered Free Cash Flow, 2 Yr. CAGR %	-30.12	-11.86	78.3	74.3	10.56
Unlevered Free Cash Flow, 2 Yr. CAGR %	-30.06	-11.87	78.18	74.25	10.56
Dividend Per Share, 2 Yr. CAGR %	-4.46	-24.15	14.86	66.9	20.32
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	0.98	0.69	7.61	21.64	22.98
Gross Profit, 3 Yr. CAGR %	1.67	0.71	7.12	21.88	23.53
EBITDA, 3 Yr. CAGR %	2.13	0.27	7.13	21.75	22.14
EBITA, 3 Yr. CAGR %	2.18	0.22	7.11	21.85	22.1
EBIT, 3 Yr. CAGR %	2.18	0.22	7.11	21.85	22.1
Earnings From Cont. Operations, 3 Yr. CAGR %	2.22	-1.71	5.85	21.08	22.45
Net Income, 3 Yr. CAGR %	2.22	-1.71	5.85	21.08	22.45
Normalized Net Income, 3 Yr. CAGR %	1.08	-1.08	6.29	22.03	22.4
Diluted EPS Before Extra, 3 Yr. CAGR %	2.22	-1.71	5.85	21.09	22.45
Accounts Receivable, 3 Yr. CAGR %	20.86	45.81	16.98	14.01	-18.67
Inventory, 3 Yr. CAGR %	12.96	25.48	32.18	21	10.85
Net Property, Plant and Equip., 3 Yr. CAGR %	27.52	20.16	11.75	7.92	6.71
Total Assets, 3 Yr. CAGR %	-4.34	-2.1	15.94	25.51	20.07
Tangible Book Value, 3 Yr. CAGR %	0.22	18.8	55.86	36.75	7.41
Common Equity, 3 Yr. CAGR %	0.23	18.8	55.83	36.73	7.41
Cash From Operations, 3 Yr. CAGR %	-13.04	-25.43	11.11	55.07	57.6
Capital Expenditures, 3 Yr. CAGR %	61.61	-5.37	-15.11	-18.83	13.61
Levered Free Cash Flow, 3 Yr. CAGR %	-17.94	-14.35	24.28	57.53	44.55
Unlevered Free Cash Flow, 3 Yr. CAGR %	-17.9	-14.32	24.24	57.46	44.51
Dividend Per Share, 3 Yr. CAGR %	2.12	-16.42	5.86	21.24	43.99
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.21	1.15	7.28	11.88	11.97
Gross Profit, 5 Yr. CAGR %	5.47	1.73	7.45	12.31	11.96
EBITDA, 5 Yr. CAGR %	6.91	5.15	7.55	11.37	11.98
EBITA, 5 Yr. CAGR %	6.97	5.2	7.61	11.38	11.94
EBIT, 5 Yr. CAGR %	6.97	5.2	7.61	11.38	11.94
Earnings From Cont. Operations, 5 Yr. CAGR %	7.93	5.15	7.01	10.22	11.42
Net Income, 5 Yr. CAGR %	7.93	5.15	7.01	10.22	11.42
Normalized Net Income, 5 Yr. CAGR %	6.95	4.75	7.01	10.85	11.23
Diluted EPS Before Extra, 5 Yr. CAGR %	7.93	5.15	7.01	10.22	11.43
Accounts Receivable, 5 Yr. CAGR %	29.02	25.92	19.9	15.16	6.83
Inventory, 5 Yr. CAGR %	1.11	17.4	19.47	23.15	18.14
Net Property, Plant and Equip., 5 Yr. CAGR %	17.82	18.7	19.71	13.81	10.31
Total Assets, 5 Yr. CAGR %	3.07	3.25	10.86	8.77	11.43
Tangible Book Value, 5 Yr. CAGR %	9.85	20.87	30.79	17.03	19.24
Common Equity, 5 Yr. CAGR %	9.79	20.86	30.79	17.03	19.23
Cash From Operations, 5 Yr. CAGR %	-1.13	-11.45	7.21	13.89	15.01
Capital Expenditures, 5 Yr. CAGR %	11.08	14.98	19.13	-12.57	6.96
Levered Free Cash Flow, 5 Yr. CAGR %	-9.49	-6.82	11.92	13.8	18.6
Unlevered Free Cash Flow, 5 Yr. CAGR %	-9.46	-6.8	11.93	13.81	18.57
Dividend Per Share, 5 Yr. CAGR %	12.91	-4.52	7.04	10.22	11.43