Eastern Merchants : Quarterly AC for 09 months ended 31-12-2022

EASTERN MERCHANTS PLC

STATEMENT OF FINANCIAL POSITION - COMPANY

	As at		As at
	12/31/2022	31/03/2022
ASSETS	Rs.'000		Rs.'000
NON-CURRENT ASSETS	280,447	265,972
Property, Plant & Equipment
Right-of Use Assets	1,650	3,907
Investments in Subsidiaries	628,247	628,224
Deferred Tax Assets	382	383
Non Current Financial Assets	420,102	500,000
CURRENT ASSETS	1,330,829		1,398,487
102,763	55,364
Inventories
Trade & Other Receivables	145,306	134,203
Other Current Assets	16,580	22,162
Amounts due from Related Parties	1,069	5,128
Cash in hand & At Bank	10,825	105,767
TOTAL ASSETS	276,543		322,625
1,607,371		1,721,112
EQUITY & LIABILITIES
CAPITAL & RESERVES	16,778	16,778
Stated Capital
Revenue Reserves	1,497,795	1,330,822
Other Components of Equity	65,872	65,872
Total Equity	1,580,446		1,413,472
NON-CURRENT LIABILITIES	11,185	11,186
Retirement Benefit Obligations
Interest Bearing Borrowings	711	35,445
CURRENT LIABILITIES	11,896		46,630
13,314	3,625
Trade & Other Payables
Interest Bearing Borrowings	-	46,782
Amounts due to Related Parties	621	158,293
Other Current Liabilities	-	16,110
Bank Overdraft	1,094	36,199
	15,029		261,009
TOTAL EQUITY & LIABILITIES	1,607,371	1,721,112
Net Assets per Share - Rs.	13.46	12.04

The Board of Directors is responsible for the preparation and presentation of these Financial Statements.

The Finance Director certifies that the financial statements have been prepared in compliance with the requirements of the Companies Act No.7 of 2007.

Mr. C.S.L. De Silva	Mr. J.A.D. Sirinath
Managing Director	Finance Director
13th February 2023
Note -	All values are in Rs. '000, unless otherwise stated.
	Figures in brackets indicate deductions.
	The above figures are subject to audit.

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