HAYLEYS LEISURE PLC HAYLEYS LEISURE PLC
Interim Financial Statements
For the Quarter Ended 30th September 2022
HAYLEYS LEISURE PLC
PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30TH SEPTEMBER 2022
STATEMENT OF FINANCIAL POSITION AS AT
GROUP | COMPANY | GROUP | COMPANY | |||||||
Audited | Audited | |||||||||
Year ended | Year ended | Un Audited | Un Audited | Un Audited | Un Audited | |||||
31.03.2022 | 31.03.2022 | 30.09.2022 | 30.09.2021 | 30.09.2022 | 30.09.2021 | |||||
Rs' 000 | Rs' 000 | ASSETS | Rs' 000 | Rs' 000 | Rs' 000 | Rs' 000 | ||||
NON-CURRENT ASSETS | ||||||||||
4,684,024 | 35,173 | Property, Plant & Equipment | 4,621,822 | 4,537,570 | 30,200 | 29,561 | ||||
46,435 | - | Right of Use Assets | 41,665 | 25,646 | - | - | ||||
- | 1,269,541 | Investments in Subsidiaries | - | - | 1,269,541 | 1,360,953 | ||||
- | - | Intangible Assets | - | 137,864 | - | - | ||||
265,877 | 265,877 | Other Non-Current Financial Assets | 265,877 | 503,727 | 265,877 | 503,727 | ||||
4,996,336 | 1,570,591 | 4,929,364 | 5,204,807 | 1,565,618 | 1,894,241 | |||||
CURRENT ASSETS | ||||||||||
72,876 | - | Inventories | 106,050 | 40,072 | - | - | ||||
254,349 | 146,976 | Trade and Other Receivables | 212,745 | 141,250 | 229,157 | 108,484 | ||||
82,839 | 12,741 | Advance and Prepayment | 115,141 | 98,382 | 27,062 | 14,740 | ||||
1,135 | 1,135 | Other Current Financial Assets | 1,869 | 1,127 | 1,869 | 1,127 | ||||
4,410 | 265 | Tax Recoverable | 4,756 | 7,113 | 265 | 2,017 | ||||
1,727 | 1,727 | Short Term Deposits | 1,834 | 21,675 | 1,834 | 1,675 | ||||
245,793 | 61,751 | Cash & Cash Equivalents | 168,222 | 141,776 | 27,680 | 29,601 | ||||
663,129 | 224,595 | 610,617 | 451,395 | 287,867 | 157,644 | |||||
5,659,465 | 1,795,186 | TOTAL ASSETS | 5,539,981 | 5,656,202 | 1,853,485 | 2,051,885 | ||||
EQUITY AND LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
909,371 | 909,371 | Stated Capital | 909,371 | 909,371 | 909,371 | 909,371 | ||||
- | - | Fair value reserve of Financial assets at FVOCI | - | 175,779 | - | 175,779 | ||||
462,906 | - | Revaluation Reserves | 462,906 | 423,794 | - | - | ||||
825,883 | 245,438 | Retained Earnings | 442,767 | 1,093,994 | 207,305 | (130,879) | ||||
2,198,160 | 1,154,809 | 1,815,044 | 2,602,938 | 1,116,676 | 954,271 | |||||
(52,790) | - | Non-Controlling Interest | (96,631) | (6,946) | - | - | ||||
2,145,370 | 1,154,809 | Total Equity | 1,718,413 | 2,595,992 | 1,116,676 | 954,271 | ||||
NON-CURRENT LIABILITIES | ||||||||||
1,039,018 | 8,440 | Interest Bearing Borrowings | 1,261,075 | 1,248,350 | 8,929 | 13,345 | ||||
209,323 | - | Deferred Tax Liabilities | 209,323 | 139,454 | - | - | ||||
35,410 | 2,947 | Retirement Benefit Obligations | 38,274 | 38,418 | 3,279 | 3,763 | ||||
1,283,751 | 11,387 | 1,508,672 | 1,426,222 | 12,208 | 17,108 | |||||
CURRENT LIABILITIES | ||||||||||
1,736,859 | 307,096 | Interest Bearing Borrowings | 1,679,957 | 1,249,837 | 332,710 | 331,532 | ||||
405,645 | 268,940 | Trade and Other Payables | 555,941 | 318,366 | 354,387 | 703,435 | ||||
- | - | Income Tax Payable | - | 509 | - | - | ||||
87,839 | 52,954 | Other Current Non-Financial Liabilities | 76,998 | 65,276 | 37,504 | 45,539 | ||||
2,230,343 | 628,990 | 2,312,896 | 1,633,988 | 724,601 | 1,080,506 | |||||
5,659,464 | 1,795,186 | TOTAL EQUITY AND LIABILITIES | 5,539,981 | 5,656,202 | 1,853,485 | 2,051,885 | ||||
Net Assets Value per Share (Rs.) | ||||||||||
20.36 | 10.69 | 16.81 | 24.04 | 10.34 | 8.84 | |||||
These Financial Statements are in compliance with the requirements of the Companies Act No. 7 of 2007 | ||||||||||
1 | - | 0.30 | - | - | - | |||||
Ravindra Dissanayake | ||||||||||
Head of Finance |
Approved and signed for and on behalf of the Board of Directors.
A.M. Pandithage | R. J Karunarajah |
Chairman | Managing Director |
31st October 2022 | |
Colombo |
HAYLEYS LEISURE PLC
PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30TH SEPTEMBER 2022
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND COMPREHENSIVE INCOME
Audited | Quarter ended | Period ended | ||||||||
30th September | 30th September | |||||||||
Year ended | Un Audited | Un Audited | Un Audited | Un Audited | ||||||
31.03.2022 | 2022 | 2021 | 2022 | 2021 | Change | |||||
Rs' 000 | Rs '000 | Rs '000 | Rs '000 | Rs '000 | % | |||||
777,262 | Revenue From Contract With Customers | 311,724 | 30,081 | 614,261 | 109,440 | >100 | ||||
- | - | (>100) | ||||||||
(479,522) | Cost of Sales | (158,517) | (58,046) | (311,178) | (129,064) | |||||
GROSS PROFIT | >100 | |||||||||
297,740 | 153,207 | (27,965) | 303,083 | (19,624) | ||||||
35,255 | Other Income | 6,861 | 892 | 11,850 | 15,703 | (25) | ||||
- | - | >100 | ||||||||
(11,207) | Selling and Marketing Expenses | (7,941) | (1,101) | (13,078) | (3,317) | |||||
- | - | (93) | ||||||||
(944,511) | Administrative Expenses | (243,271) | (169,203) | (482,357) | (340,092) | |||||
- | - | (>100) | ||||||||
(356,587) | Finance Cost | (106,745) | (49,453) | (311,032) | (77,310) | |||||
- | - | >100 | ||||||||
86,593 | Finance Income | 11,853 | 20,297 | 64,978 | 24,578 | |||||
LOSS BEFORE TAX | (7) | |||||||||
(892,717) | (186,036) | (226,533) | (426,556) | (400,061) | ||||||
(5,823) | Tax Expenses | (184) | (870) | (400) | (1,449) | 72 | ||||
LOSS FOR THE PERIOD | (6) | |||||||||
(898,540) | (186,220) | (227,403) | (426,956) | (401,510) | ||||||
OTHER COMPREHENSIVE INCOME/(EXPENSE) | ||||||||||
111,559 | Gain/(Loss) on Equity Instruments Designated at FV through OCI | - | 53,724 | - | 103,798 | (>100) | ||||
(447) | Actuarial Gain/(loss) on defined benefit plan | - | - | - | - | |||||
(66,570) | Deferred Tax impact on Actuarial Gain/Loss | - | - | - | - | |||||
105,664 | Effect of Revaluation of Land | |||||||||
150,206 | Other Comprehensive Income/(Expense) for the period, Net of Tax | - | 53,724 | - | 103,798 | (>100) | ||||
Total Comprehensive Income/(Expense) for the period, Net of Tax | (43) | |||||||||
(748,334) | (186,220) | (173,679) | (426,956) | (297,712) | ||||||
Loss for the Period Attributable to: | ||||||||||
(826,368) | Equity holders of the Parent | (171,867) | (211,912) | (383,116) | (375,073) | (2) | ||||
- | -66 | |||||||||
(72,172) | Non-Controlling Interest | (14,353) | (15,492) | (43,840) | (26,437) | |||||
(6) | ||||||||||
(898,540) | (186,220) | (227,404) | (426,956) | (401,510) | ||||||
Total Comprehensive income/(expense) Attributable to: | ||||||||||
(676,053) | Equity holders of the Parent | (171,867) | (158,187) | (383,116) | (271,275) | (41) | ||||
- | ||||||||||
(72,281) | Non-Controlling Interest | (14,353) | (15,492) | (43,840) | (26,436) | (66) | ||||
- | (43) | |||||||||
(748,334) | (186,220) | (173,679) | (426,956) | (297,711) | ||||||
(7.65) | Profit/(Loss) per Share (Rs.) | (1.59) | (1.96) | (3.55) | (3.47) |
HAYLEYS LEISURE PLC
PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30TH SEPTEMBER 2022
COMPANY STATEMENT OF PROFIT OR LOSS AND COMPREHENSIVE INCOME
Quarter ended | Period ended | ||||||||
Audited | 30th September | 30th September | |||||||
Year ended | Un Audited | Un Audited | Un Audited | Un Audited | |||||
31.03.2022 | 2022 | 2021 | 2022 | 2021 | Change | ||||
Rs' 000 | Rs '000 | Rs '000 | Rs '000 | Rs '000 | % | ||||
125,099 | Revenue From Contract With Customers | 48,656 | 10,680 | 94,253 | 17,931 | >100 | |||
- | Cost of Sales | - | - | - | - | ||||
125,099 | GROSS PROFIT | 48,656 | 10,680 | 94,253 | 17,931 | >100 | |||
302,397 | Other Income | 120 | - | 240 | 8,755 | (97) | |||
(91,412) | Impairment of Investment in Subsidiary | - | - | - | - | - | |||
(2,632) | Selling and Marketing Expenses | (294) | 92 | (294) | (2,619) | (>100) | |||
(210,522) | Administrative Expenses | (61,929) | (45,988) | (125,181) | (93,828) | (33) | |||
(22,404) | Finance Cost | (19,403) | (6,043) | (33,442) | (9,585) | (>100) | |||
36,027 | Finance Income | 9,490 | 18,572 | 26,291 | 22,498 | >100 | |||
136,553 | LOSS BEFORE TAX | (23,360) | (22,687) | (38,133) | (56,848) | 33 | |||
(1,327) | Tax Expenses | - | (659) | - | (659) | - | |||
135,226 | LOSS FOR THE PERIOD | (23,360) | (23,346) | (38,133) | (57,507) | 34 | |||
OTHER COMPREHENSIVE INCOME/(EXPENSE) | |||||||||
111,559 | Gain/(Loss) on equity Instruments Designated at FV through OCI | - | 53,724 | - | 103,798 | >100 | |||
44 | Actuarial Gain/(loss) on defined benefit plan | - | - | - | - | ||||
111,603 | Other Comprehensive Income/(Expense) for the period, Net of Tax | - | 53,724 | - | 103,798 | >100 | |||
246,829 | Total Comprehensive Expense for the period, Net of Tax | (23,360) | 30,378 | (38,133) | 46,291 | (>100) | |||
1.25 | Profit/(Loss) per Share (Rs.) | (0.22) | (0.22) | (0.35) | (0.53) |
HAYLEYS LEISURE PLC
PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30TH SEPTEMBER 2022
STATEMENT OF CHANGES IN EQUITY
CONSOLIDATED | Stated | Fair value | Revaluation | Retained | Total | Non-Controlling | Total | |||||||
Capital | reserve of | Reserve | Earnings | Interest | Equity | |||||||||
Financial assets | ||||||||||||||
at FVOCI | ||||||||||||||
Rs.'000 | Rs.'000 | Rs.'000 | Rs.'000 | Rs.'000 | Rs.'000 | Rs.'000 | ||||||||
Balance as at 01 April 2021 | 909,371 | 71,981 | 423,794 | 1,469,067 | 2,874,213 | 25,491 | 2,899,704 | |||||||
Loss for the Period | - | - | - | (375,073) | (375,073) | (26,437) | (401,511) | |||||||
Profit on fair value through OCI Financial Assets | - | 103,798 | - | - | 103,798 | - | 103,798 | |||||||
Disposal of Subsidiary Company | - | - | - | - | - | (6,000) | (6,000) | |||||||
Balance as at 30th September 2021 | ||||||||||||||
909,371 | 175,779 | 423,794 | 1,093,994 | 2,602,938 | (6,946) | 2,595,991 | ||||||||
Balance as at 01 April 2022 | 909,371 | - | 462,906 | 825,883 | 2,198,160 | (52,790) | 2,145,370 | |||||||
Loss for the Period | - | - | - | (383,116) | (383,116) | (43,841) | (426,957) | |||||||
Balance as at 30th September 2022 | ||||||||||||||
909,371 | - | 462,906 | 442,767 | 1,815,044 | (96,631) | 1,718,413 | ||||||||
COMPANY | Stated | Fair value | Revaluation | Retained | Total | |||||||||
Capital | reserve of | Reserve | Earnings | |||||||||||
Financial assets | ||||||||||||||
at FVOCI | ||||||||||||||
Rs.'000 | Rs.'000 | Rs.'000 | Rs.'000 | Rs.'000 | ||||||||||
Balance as at 01 April 2021 | 909,371 | 71,981 | - | (73,372) | 907,980 | |||||||||
Loss for the Period | - | - | - | (57,508) | (57,508) | |||||||||
Profit on fair value through OCI Financial Assets | - | 103,798 | - | - | 103,798 | |||||||||
Balance as at 30th September 2021 | ||||||||||||||
909,371 | 175,779 | - | (130,880) | 954,270 | ||||||||||
Balance as at 01 April 2022 | 909,371 | - | - | 245,438 | 1,154,809 | |||||||||
Loss for the Period | - | - | - | (38,133) | (38,133) | |||||||||
Balance as at 30th September 2022 | ||||||||||||||
909,371 | - | - | 207,305 | 1,116,676 |
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Amaya Leisure plc published this content on 01 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2022 03:45:06 UTC.
