On'ally : Interim Financial Statements for the Quarter Ended 30th June 2022

INTERIM FINANCIAL STATEMENTS

30TH JUNE 2022

ONA'LLY HOLDINGS PLC

Interim Financial Statements

	Contents	Page
01	Statement of Comprehensive Income	1
02	Statement of Financial Position	2
03	Statement of cash flow & Statement of Changes in Equity	3
04	Notes to the Interim Financial Statements	4-5

ON'ALLY HOLDINGS PLC Statement of Comprehensive Income (all amounts in Sri Lanka Rupees)

Turnover

Other operating income

Administrative expenses

Operating profit

Finance income

Profit before tax

Tax

Profit for the period

Other comprehensive income

Actuarial gain/loss on measurements of post employment benefit obligations

Tax Effect on other comprehensive income

Total other comprehensive income-net of tax

Total comprehensive income

Earnings per share

3 months ended 30 June

Apr- June	Apr- June
2022	2021
Un-audited	Un-audited
(Rs'000)	(Rs'000)
69,057	40,009
2,616	3,354
(24,073)	(15,854)
47,600	27,509
17,460	10,828
65,060	38,337
(15,676)	(8,963)
49,383	29,374
509	(83)
(122)	20
387	(63)
49,771	29,311
0.531	0.316

Page 1

ON'ALLY HOLDINGS PLC Statement of Financial Position (all amounts in Sri Lanka Rupees)

	as at 30/06/2022		as at 31/03/2022
	(Rs'000)		(Rs'000)
	Un-audited		Audited
ASSETS
Non - current assets
Property, plant and equipment	74,076		74,167
Intangible assets	601		641
Investment property	2,978,114		2,978,000
	3,052,790		3,052,808
Current Assets
Trade receivables	31,372		19,638
Advances and other receivables	143,041		110,425
Short term investments	101,690		15,848
Cash and cash equivalents	477,806		555,284
	753,909		701,195
Total assets	3,806,699		3,754,003
EQUITY AND LIABILITIES
Capital and reserves
Stated capital	279,493		279,493
Revaluation reserve	55,744		55,744
Retained earnings	2,558,746		2,508,976
	2,893,983		2,844,212
Non- current liabilities
Rental deposits	95,607		90,379
Retirement benefit obligations	12,361		12,736
Deferred Income tax liability	709,728		709,664
	817,696		812,779
Current liabilities
Rental deposits	46,578		54,654
Trade and other payables	13,279		15,957
Income tax payable	35,164		26,401
	95,021		97,012
Total liabilities	912,716		909,791
Total equity and liabilities	3,806,699		3,754,003
Net asset value per share	31.12		30.58

I certify that these financial statements have been prepared in compliance with the requirements of the Companies Act , No. 07 of 2017.

Sigd.

Financial Controller

Approved and signed on behalf of the Board

Sigd.		Sigd.
Director		Director
Date : 25 October 2022

Page 2

ON'ALLY HOLDINGS PLC

Statement of Cash Flow

(all amounts in Sri Lanka Rupees)
	Three months ended 30 June
	2022		2021
	Un-Audited		Un-Audited
	(Rs'000)		(Rs'000)
Net cash generated from operating activities	9,210		19,074
Net cash (used) in investing activities	(86,313)		12,966
Net cash generated in financing activities	(376)		-
Increase / (Decrease) in cash and cash equivalents
(77,478)		32,040
Movements in cash and cash equivalents
At start of the period	555,284		653,739
Increase /(decrease)	(77,478)		32,040
At end of the period	477,806		685,779

ON'ALLY HOLDINGS PLC Statement of Changes in Equity (all amounts in Sri Lanka Rupees)

Audited

Balance at 01 April 2021

Profit for the period

Other comprehensive income for the period

Total comprehensive income for the period

Depreciation Transfer

Dividend Paid 2021

Total transactions with owners, recognised directly in equity

Balance at 30 June 2021

Un-audited

Balance at 01 April 2022

Profit for the period

Other comprehensive income for the year

Total comprehensive income for the period

Dividend Paid 2022

Total transactions with owners, recognised directly in equity

Balance at 30 June 2022

Stated	Revaluation	Retained
Capital	Reserve	Earnings	Total
(Rs'000)	(Rs'000)	(Rs'000)	(Rs'000)
279,493	42,851	2,043,985	2,366,329
-	-	29,374	29,374
-	-	(63)	(63)
-	-	29,311	29,311
-	-	-	-
-	-	-	-
-	-	-	-
279,493	42,851	2,073,296	2,395,640
279,493	55,744	2,508,976	2,844,212
-	-	49,383	49,383
-	-	387	387
-	-	49,771	49,771
-	-	-	-
-	-	-	-
279,493	55,744	2,558,746	2,893,983

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