Bukit Darah : Interim Financial Report as of 30th June 2022

BUKIT DARAH PLC

Condensed Interim Financial Statements For the period ended 30th June 2022

Company Income Statement

(Amounts expressed in Sri Lankan Rs. '000)

	3M 2022	3M 2021	Change
			%
Revenue	23,104	71	32,441
Direct operating expenses	-	-	-
	23,104	71	32,441
Items of expenses
Administrative expenses	(7,247)	(7,186)	1
Profit/(loss) from operations	15,857	(7,115)	(323)
Income tax expenses
Current taxation	(2,563)	-	-
Profit/(loss) for the period	13,294	(7,115)	(287)
Other Comprehensive Income/(expenses) (OCI)
Equity investments at FVOCI - net change in fair value	(6,500)	26,650	(124)
Total other comprehensive income/(expenses)	(6,500)	26,650	(124)
Total Comprehensive Income for the period	6,794	19,535	(65)
Basic earnings/(loss) per share (Rs.)	0.13	(0.07)	(285)
Dividend per ordinary share (Rs.)	-	-	-

Figures in brackets indicate deductions.

The notes on pages 10 to 20 form an integral part of these financial statements.

10th August 2022

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Bukit Darah PLC | Condensed Interim Financial Statements for the period ended 30th June 2022

Company Statement of Financial Position

(Amounts expressed in Sri Lankan Rs. '000)

	As at	As at
	30.06.2022	31.03.2022
	(Unaudited)	(Audited)
ASSETS
Non - Current Assets
Investments in subsidiaries	7,026,770	7,026,770
Investment in equity securities	676,000	682,500
Total non - current assets	7,702,770	7,709,270
Current Assets
Other non financial receivables	13,018	4,288
Current tax recoverable	-	158
Cash and cash equivalents	34,262	26,345
Total current assets	47,280	30,791
Total assets	7,750,050	7,740,061
EQUITY AND LIABILITIES
EQUITY
Stated capital	412,635	412,635
Capital reserves	40,000	40,000
Revenue reserves	7,211,383	7,204,625
Total equity	7,664,018	7,657,260
Current Liabilities
Other financial payables	83,910	82,801
Current tax payable	2,122	-
Total current liabilities	86,032	82,801
Total liabilities	86,032	82,801
Total equity and liabilities	7,750,050	7,740,061
Net assets per ordinary share (Rs.)	74.74	74.67

I certify that these financial statements are in compliance with the requirements of Companies Act No. 7 of 2007.

Sgd.

A. P. Weeratunge

Director

Carsons Management Services (Private) Limited

The Board of Directors is responsible for the preparation and presentation of these financial statements. These financial statements were approved by the Board on 10th August 2022.

Sgd	Sgd.
M. Selvanathan	D. C. R. Gunawarden
Director	Director

The notes on pages 10 to 20 form an integral part of these financial statements.

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Company Statement of Changes in Equity

(Amounts expressed in Sri Lankan Rs. '000)

	Stated	Capital	Revenue	Total
	Capital	Reserve	Reserve	Equity
Balance as at 31st March 2022 (Audited)	412,635	40,000	7,204,625	7,657,260
Profit for the period	-	-	13,294	13,294
Other comprehensive expenses for the period	-	-	(6,500)	(6,500)
Total Comprehensive Income for the period	-	-	6,794	6,794
Transaction with owners of the Company, recognised directly in equity
Dividend paid - Participating Cumulative Preference Shares	-	-	(36)	(36)
Balance as at 30th June 2022 (Unaudited)	412,635	40,000	7,211,383	7,664,018
Balance As at 31st March' 2021 (Audited)	412,635	40,000	7,251,014	7,703,649
Loss for the period	-	-	(7,115)	(7,115)
Other comprehensive income for the period	-	-	26,650	26,650
Total Comprehensive Income for the period	-	-	19,535	19,535
Transaction with owners of the Company, recognised directly in equity
Dividend paid - Participating Cumulative Preference Shares	-	-	(36)	(36)
Balance as at 30th June 2021 (Unaudited)	412,635	40,000	7,270,513	7,723,148

The notes on pages 10 to 20 form an integral part of these financial statements.

Figures in brackets indicate deductions.

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