ANNUAL REPORT 2021/22

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FINANCIAL STATEMENTS

STATEMENT OF CHANGES IN EQUITY

Year ended 31 July 2022 Revaluation reserve Accumulated reserves
LKR
Total
LKR
Balance as at 31 July 2020 1,224,646,723 1,346,382,656 2,571,029,378
Net surplus for the year 138,277,863 138,277,863
Revaluation surplus on property, plant and equipment – Net of tax 237,064,429 237,064,429
Balance as at 31 July 2021 1,461,711,151 1,484,660,520 2,946,371,671
Net surplus for the year 760,540,377 760,540,377
Revaluation surplus on property, plant and equipment – Net of tax 445,772,809 445,772,809
Balance as at 31 July 2022 1,907,483,961 2,245,200,897 4,152,684,857

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

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