SIERRA CABLES PLC
PQ 166
INTERIM FINANCIAL STATEMENTS
FOR THE NINE MONTHS ENDED
31ST DECEMBER 2021
(UNAUDITED)
SIERRA CABLES PLC
INCOME STATEMENT
Group | Company | |||||||
FOR THE PERIOD ENDED 31ST DECEMBER, | 2021 | 2020 | 2021 | 2020 | ||||
Rs. | Rs. | Rs. | Rs. | |||||
(Un-Audited) | (Un-Audited) | (Un-Audited) | (Un-Audited) | |||||
Revenue | 6,306,088,168 | 3,771,846,954 | 6,034,334,427 | 3,614,530,364 | ||||
Cost of Sales | (5,237,123,479) | (3,206,630,740) | (5,001,869,032) | (3,045,223,261) | ||||
Gross Profit | 1,068,964,689 | 565,216,214 | 1,032,465,395 | 569,307,103 | ||||
Other Income | 25,248,807 | 37,651,673 | 25,041,890 | 37,177,215 | ||||
Selling and Distribution Expenses | (191,565,631) | (182,141,974) | (183,159,125) | (173,904,561) | ||||
Administrative Expenses | (141,290,542) | (109,358,181) | (91,775,882) | (81,306,304) | ||||
Other Operating Expenses | (2,500,000) | - | (38,779,708) | (16,392,386) | ||||
Profit from Operations | 758,857,323 | 311,367,732 | 743,792,570 | 334,881,066 | ||||
Net Finance Costs | (253,307,781) | (101,148,926) | (236,064,684) | (90,688,103) | ||||
Share of Profit of Equity-Accounted Investees, (Net of Tax) | 26,129,567 | 18,216,316 | - | - | ||||
Profit Before Taxation | 531,679,109 | 228,435,123 | 507,727,886 | 244,192,963 | ||||
Income Tax Expense | (92,000,000) | (27,500,000) | (92,000,000) | (27,000,000) | ||||
Profit for the Period | 439,679,109 | 200,935,123 | 415,727,886 | 217,192,963 | ||||
Profit/(Loss) Attributable to : | ||||||||
Owners of the Company | 441,201,894 | 204,077,873 | 415,727,886 | 217,192,963 | ||||
Non - Controlling Interests | (1,522,785) | (3,142,750) | - | - | ||||
Profit for the Period | 439,679,109 | 200,935,123 | 415,727,886 | 217,192,963 | ||||
Basic Earnings Per Share | 0.82 | 0.38 | 0.77 | 0.40 |
Figures in brackets indicate deductions.
SIERRA CABLES PLC
STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
Group | Company | ||||||
FOR THE PERIOD ENDED 31ST DECEMBER, | 2021 | 2020 | 2021 | 2020 | |||
Rs. | Rs. | Rs. | Rs. | ||||
(Un-Audited) | (Un-Audited) | (Un-Audited) | (Un-Audited) | ||||
Profit for the Period | 439,679,109 | 200,935,123 | 415,727,886 | 217,192,963 | |||
Other Comprehensive Income/(Expense) | |||||||
Equity investment at FVOCI - Net Change in Fair Value | 5,537,701 | 6,426,764 | 5,537,701 | 6,426,764 | |||
Revaluation Surplus of Property | - | 548,656,363 | - | 467,285,963 | |||
Net Exchange Difference on Translation of Foreign Operations | - | (16,687) | - | - | |||
Other Comprehensive Income for the Period, Net of Tax | |||||||
5,537,701 | 555,066,440 | 5,537,701 | 473,712,727 | ||||
Total Comprehensive Income for the Period | 445,216,810 | 756,001,563 | 421,265,587 | 690,905,690 | |||
Total Comprehensive Income/(Expense) Attributable to : | |||||||
Owners of the Company | 446,739,595 | 751,593,974 | 421,265,587 | 690,905,690 | |||
Non - Controlling Interests | (1,522,785) | 4,407,589 | - | - | |||
Total Comprehensive Income for the Period | 445,216,810 | 756,001,563 | 421,265,587 | 690,905,690 | |||
Figures in brackets indicate deductions.
SIERRA CABLES PLC
INCOME STATEMENT
GROUP | COMPANY | ||||
FOR THE QUARTER ENDED 31ST DECEMBER, | 2021 | 2020 | 2021 | 2020 | |
Rs. | Rs. | Rs. | Rs. | ||
(Un-Audited) | (Unaudited) | (Un-Audited) | (Unaudited) | ||
Revenue | 2,246,728,983 | 1,593,998,549 | 2,116,493,560 | 1,520,747,327 | |
Cost Of Sales | (1,811,857,102) | (1,332,098,826) | (1,697,368,037) | (1,261,313,169) | |
Gross Profit | 434,871,881 | 261,899,724 | 419,125,523 | 259,434,158 | |
Other Income | 8,897,859 | 11,709,997 | 8,877,644 | 11,490,039 | |
Selling and Distribution Expenses | (67,643,712) | (70,048,083) | (64,778,048) | (66,581,207) | |
Administrative Expenses | (50,886,114) | (37,656,219) | (33,432,926) | (28,774,751) | |
Other Operating Expenses | (2,500,000) | - | (12,500,000) | (10,000,000) | |
Profit From Operations | 322,739,914 | 165,905,419 | 317,292,193 | 165,568,239 | |
Net Finance Costs | (28,476,387) | (24,508,485) | (22,898,801) | (20,458,637) | |
Profit Before Associate Company's Share of Profit | 294,263,527 | 141,396,934 | 294,393,392 | 145,109,602 | |
(Net of Income Tax) | |||||
Share of Profit of Associate Company | 7,030,263 | 4,654,412 | - | - | |
Profit Before Taxation | 301,293,790 | 146,051,346 | 294,393,392 | 145,109,602 | |
Income Tax Expense | (50,000,000) | (15,500,000) | (50,000,000) | (15,000,000) | |
Profit/Loss for the Period | 251,293,790 | 130,551,346 | 244,393,392 | 130,109,602 | |
Profit/(Loss) Attributable to : | |||||
Owners of the Company | 251,539,984 | 131,275,954 | 244,393,392 | 130,109,602 | |
Non - Controlling Interests | (246,194) | (724,608) | - | - | |
251,293,790 | 130,551,346 | 244,393,392 | 130,109,602 | ||
Basic Earnings Per Share | 0.47 | 0.24 | 0.45 | 0.24 |
Figures in brackets indicate deductions
SIERRA CABLES PLC
STATEMENTS OF PROFI T OR LOSS AND OTHER COMPREHENSIVE INCOME
Group | Company | ||||||
FOR THE QUARTER ENDED 31ST DECEMBER, | 2021 | 2020 | 2021 | 2020 | |||
Rs. | Rs. | Rs. | Rs. | ||||
(Un-Audited) | (Un-Audited) | (Un-Audited) | (Un-Audited) | ||||
Profit for the Period | 251,293,790 | 130,551,346 | 244,393,392 | 130,109,602 | |||
Other Comprehensive Income | |||||||
Equity investment at FVOCI - Net Change in Fair Value | 3,670,144 | 4,898,351 | 3,670,144 | 4,898,352 | |||
Revaluation Surplus on Property | - | 548,656,363 | - | 467,285,963 | |||
Net Exchange Difference on Translation of Foreign Operations | - | (446,350) | - | - | |||
Other Comprehensive Income for the Period, Net of Tax | |||||||
3,670,144 | 553,108,364 | 3,670,144 | 472,184,315 | ||||
Total Comprehensive Income for the Period | 254,963,934 | 683,659,710 | 248,063,536 | 602,293,918 | |||
Total Comprehensive Income/(Expense) Attributable to : | |||||||
Owners of the Company | 255,210,128 | 676,855,462 | 248,063,536 | 602,293,918 | |||
Non - Controlling Interests | (246,194) | 6,804,248 | - | - | |||
Total Comprehensive Income for the Period | 254,963,934 | 683,659,710 | 248,063,536 | 602,293,918 | |||
Figures in brackets indicate deductions.
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Sierra Cables plc published this content on 14 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2022 10:22:06 UTC.