FINANCIAL STATEMENTS

As at 31 July 2022	Note	2022 LKR	2021 LKR
Assets
Non-current assets
Property, plant and equipment	3.3	2,396,233,546	1,891,511,404
Assets under construction	3.4	17,178,567	16,369,854
Leasehold rights	4	38,096,476	38,731,417
Intangible assets	5	–	264,893
		2,451,508,589	1,946,877,569
Current assets
Receivables and prepayments	6	517,930,725	235,806,853
Income tax receivable	17.4	–	15,524,146
Short term investment	7	872,753,383	817,470,811
Cash and cash equivalents	8	1,170,184,913	615,666,845
		2,560,869,021	1,684,468,655
Total assets		5,012,377,610	3,631,346,223
Reserves and liabilities
Capital and reserves
Revaluation reserve		1,907,483,961	1,461,711,151
Accumulated reserve		2,245,200,897	1,484,660,519
Total reserves		4,152,684,858	2,946,371,669
Non-current liabilities
Post-employment benefit plan	9	162,072,151	180,597,452
Project funds	10	20,776,230	22,062,730
Deferred tax liabilities	17.2	411,427,993	220,199,637
		594,276,373	422,859,819
Current liabilities
Payables	11	211,146,637	216,587,500
Income tax payable		2,914,462	–
Bank overdraft	8	51,355,280	45,527,234
		265,416,379	262,114,734
Total reserves and liabilities		5,012,377,610	3,631,346,223

These Financial Statements are in compliance with the requirements of the Companies Act No. 07 of 2007.

Head of Administrative Operations

The Board of Directors is responsible for these Financial Statements. Signed for and on behalf of the Board by;

The Accounting Policies and Notes on pages 86 through 104 form an integral part of the Financial Statements.

26 November 2022
Colombo