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    C06   SG1F84861094

CSC HOLDINGS LIMITED

(C06)
  Report
End-of-day quote. End-of-day quote Singapore Stock Exchange - 09/27
0.011 SGD   0.00%
08/13CSC : Minutes of Annual General Meeting
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CSC : Reclassification Adjustment in the Consolidated Statement of Cash Flow Between Unaudited Financial Statements and Audited Financial Statements for the Financial Year Ended 31 March 2021

07/13/2021 | 06:51am EDT

Financial Statements and Related Announcement::Discrepancies betwe...

https://links.sgx.com/1.0.0/corporate-announcements/2EZEMF39RC7...

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12-Jul-21, 5:18 PM

CSC HOLDINGS LIMITED

(Incorporated in the Republic of Singapore)

(Company Registration No. 199707845E)

RECLASSIFICATION ADJUSTMENT IN THE CONSOLIDATED STATEMENT OF CASH FLOW BETWEEN UNAUDITED FINANCIAL STATEMENTS AND AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2021

The Board of Directors (the "Board") of CSC Holdings Limited (the "Company" and together with its subsidiaries, the "Group") refers to the Company's previous announcement made on 28 May 2021 in relation to its unaudited full year financial statements for the financial year ended 31 March 2021 ("FY2021") (the "Unaudited Results").

Pursuant to Rule 704(6) of the Listing Manual of the Singapore Exchange Securities Trading Limited, the Board wishes to announce that subsequent to the release of the Unaudited Results, certain items were reclassified in the Consolidated Statement of Cash Flows following the finalization of FY2021 audit.

A summary of the reclassification adjustment and explanatory note is set out below.

Consolidated Statement of Cash Flows for FY2021

Group

Audited

Unaudited

Reclassification

Note

Adjustment

$'000

$'000

$'000

Net cash generated from

operating activities

22,628

24,529

(1,901)

1

Net cash generated from

investing activities

6,474

4,573

1,901

1

Note 1

The adjustment is mainly due to the reclassification of shareholder's loans repaid by associates amounting to $1,893,000 from "Operating activities" to "Investing activities".

The reclassification adjustment does not affect the Group's unaudited Consolidated Statements of Profit or Loss and Comprehensive Income for FY2021 and unaudited Consolidated Statement of Financial Position as at 31 March 2021.

By Order of the Board

CSC HOLDINGS LIMITED

See Yen Tarn

Executive Director and Group Chief Executive Officer

12 July 2021

Disclaimer

CSC Holdings Ltd. published this content on 12 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 July 2021 10:50:02 UTC.


ę Publicnow 2021
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Financials
Sales 2021 178 M 132 M 132 M
Net income 2021 -11,0 M -8,10 M -8,10 M
Net Debt 2021 43,6 M 32,2 M 32,2 M
P/E ratio 2021 -4,02x
Yield 2021 -
Capitalization 39,2 M 29,0 M 29,0 M
EV / Sales 2020 0,34x
EV / Sales 2021 0,54x
Nbr of Employees -
Free-Float 42,3%
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Yen Tarn See Group Chief Executive Officer & Executive Director
Chee Loong Yen Group Chief Financial Officer
Horn Kee Leong Independent Non-Executive Chairman
Boon Hong Gwee Technical Director
Mariane Sutedjo Henny Senior Manager-Information Technology
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