Capital Alliance : Interim Financial Statement period ended 30th September 2022

FOR THE

QUARTER ENDED

SIX MONTHS ENDED

30-Sep-22

30-Sep-21

30-Sep-22

30-Sep-21

Note

Rs.

Rs.

Rs.

Rs.

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

Interest Income

2

821,374,491

95,374,072

1,262,579,061

221,472,289

Interest Expenses

3

(532,113,236)

(59,698,844)

(840,088,216)

(133,778,758)

Net Interest Income

289,261,255

35,675,228

422,490,845

87,693,532

Gains and (Losses) arise from Financial Assets

Measured at FVTPL

4

7,989,215

(14,411,872)

412,249,918

(8,422,753)

Direct Expenses

(2,425,814)

(1,277,796)

(3,649,810)

(3,149,950)

Other Income

1,583

1,746,418

25,266

6,405,415

Net Operating Income

294,826,238

21,731,978

831,116,219

82,526,244

Operating Expenses

Personnel Expenses

(30,317,672)

(23,662,053)

(51,594,060)

(50,711,579)

Depreciation and Amortisation

(1,673,536)

(2,112,499)

(3,305,190)

(4,195,302)

Other Expenses

5

(75,652,828)

(22,274,133)

(293,229,902)

(40,226,024)

Profit Before Tax

187,182,202

(26,316,706)

482,987,068

(12,606,661)

Income Tax Expenses

6

(33,611,753)

5,103,491

(103,962,162)

3,777,481

Profit for the period

153,570,449

(21,213,215)

379,024,907

(8,829,180)

Other Comprehensive Income

Other Comprehensive Income for the period

-

-

-

-

Total Comprehensive Income for the period

153,570,449

(21,213,215)

379,024,907

(8,829,180)

Basic/Diluted Earnings per Share (Rs.)

7

0.47

(0.07)

1.15

(0.03)

AS AT

30-Sep-22

31-Mar-22

Rs.

Rs.

(Unaudited)

(Audited)

ASSETS

Cash and Cash Equivalents

53,915,856

14,265,035

Financial Assets measured at Amortised Cost

452,036,472

40,167,893

Financial Assets measured at FVTPL

13,575,079,013

8,075,894,287

Amount due from Related Companies

4,714,298

886,146

Other Receivables

19,380,405

23,966,904

Deferred Tax Asset

5,710,824

43,977,351

Intangible Assets

1,348,115

932,103

Right-of-use Asset

9,167,973

11,205,302

Equipment

3,584,860

3,595,286

Total Assets

14,124,937,816

8,214,890,307

LIABILITIES AND EQUITY

Liabilities

Financial Liabilities at Amortised Cost

10,860,500,789

5,465,983,373

Amounts due to Related Companies

5,390,297

7,046,054

Other Payables

82,879,890

9,592,308

Lease Liability

9,914,349

11,772,683

Retirement Benefit Obligation

39,542,406

38,506,345

Income Tax Payable

79,929,942

14,234,307

Total Liabilities

11,078,157,673

5,547,135,070

EQUITY

Stated Capital

723,348,421

723,348,421

Special Risk Reserve

682,701,508

644,799,017

Retained Earnings

1,640,730,215

1,299,607,799

Total Equity

3,046,780,143

2,667,755,237

Total Liabilities and Equity

14,124,937,816

8,214,890,307

NAPS (Rs.)

9.25

8.10

Sgd.

Sgd.

…................................

…................................

Mr. W A T Fernando

Mr. C S R S Anthony

Director

Director

26th October 2022

Colombo

FOR THE PERIOD ENDED 30TH SEPTEMBER 2022

Stated Capital

Special Risk

Retained

Total

Reserve

Earnings

Rs.

Rs.

Rs.

Rs.

Balance as at 01st April 2021

311,576,061

644,799,017

1,767,072,220

2,723,447,298

Profit for the Period

-

-

(8,829,180)

(8,829,180)

Other Comprehensive Income for the Period

-

-

-

-

Total Comprehensive Income

-

-

(8,829,180)

(8,829,180)

Dividend Paid

-

-

(300,250,676)

(300,250,676)

Transferred To the Special Risk Reserve

-

-

-

-

Balance as at 30th September 2021

311,576,061

644,799,017

1,457,992,363

2,414,367,441

Balance as at 01st April 2022

723,348,421

644,799,017

1,299,607,799

2,667,755,237

Profit for the Period

-

-

379,024,907

379,024,907

Other Comprehensive Income for the Period

-

-

-

-

Total Comprehensive Income

-

-

379,024,907

379,024,907

Transferred To the Special Risk Reserve

-

37,902,491

(37,902,491)

-

Balance as at 30th September 2022

723,348,421

682,701,508

1,640,730,215

3,046,780,143

STATEMENT OF CASH FLOWS

FOR THE PERIOD ENDED

30-Sep-22

30-Sep-21

Rs.

Rs.

(Unaudited)

(Unaudited)

Cash flows from Operating Activities

Interest Receipts

996,060,016

327,429,048

Interest Payments

(775,312,004)

(149,400,227)

Payment of Direct Expenses

(3,649,810)

(3,149,950)

Other Receipts

25,266

6,405,415

Cash payments to Employees and Other payments

(342,862,898)

(87,831,960)

Operating profit/ (Loss) before changes in Operating Assets and Liabiliti

(125,739,430)

93,452,325

(Increase)/Decrease in Financial Assets measured at Amortised Cost

(410,792,248)

(2,991,910,571)

(Increase)/Decrease in Financial Assets measured at FVTPL

(4,821,492,095)

10,294,171,615

(Increase)/Decrease in Other Receivables

4,586,498

(41,732,838)

(Increase)/Decrease in Amount due from Related Companies

(3,828,151)

(6,805,926)

Increase/(Decrease) in Financial Liabilities at Amortised Cost

5,330,217,098

(6,854,176,060)

Increase/(Decrease) in Amount due to Related Companies

(1,655,757)

(83,054,393)

Increase/(Decrease) in Other Payable

73,287,582

(71,270,445)

Net cash from Operating Activities

44,583,498

338,673,706

Gratuity Paid

(925,000)

-

Income Taxes Paid

-

(32,550,700)

Net cash from Operating Activities

43,658,498

306,123,006

Cash flows from Investing Activities

Purchase of Equipment

(975,968)

(2,112,971)

Purchase of Intangible Assets

(697,480)

(205,500)

Net cash from / (used in) Investing Activities

(1,673,448)

(2,318,470)

Cash flows from Financing Activities

Dividend Paid

-

(300,250,676)

Lease Payments

(2,334,229)

(2,122,027)

Net cash from / (used in) Financing Activities

(2,334,229)

(302,372,703)

Net increase in cash and cash equivalents

39,650,821

1,431,832

Cash and cash equivalents at the beginning of the period

14,265,035

10,472,382

Cash and cash equivalents at the end of the period

53,915,856

11,904,214