| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Fortune Industrial Resources Limited |
|
Particulars |
2023 |
2022 |
|
ASSETS |
|
|
|
1) Financial Assets |
|
|
|
(a) Cash and cash equivalents |
42.48 |
24.11 |
|
(b) Trade Receivables |
- |
- |
|
(c) Loans |
362.24 |
432 |
|
(d) Investments |
8,712.93 |
8,019.18 |
|
(e) Other financial assets |
59.67 |
42.6 |
|
(f) Bank Deposits |
62.5 |
33 |
|
2) Non Financial Assets |
|
|
|
(a) Current Tax Asset (Net) |
- - |
|
|
(b) Deferred Tax Asset (Net) |
- - |
|
|
(c) Investment Property |
6.48 6.48 |
|
|
(d) Other Non financial assets |
- - |
|
|
Total Assets |
9,246.29 |
8,557.37 |
|
Liabilities |
|
|
|
1) Financial Liabilities |
|
|
|
(a) Trade Payables |
|
|
|
(i) total outstanding dues of micro enterprises and small enterprises |
- - |
|
|
(ii) total outstanding dues of creditors |
|
|
|
(b )Other Financial Liabilities |
469.86 |
466.87 |
|
2) Non Financial Liabilities |
|
|
|
(a) Current Tax Liability (Net) |
2.92 |
4.54 |
|
(b)Deferred Tax Liability |
1,897.80 |
1,694.30 |
|
(c)Other Non Financial Liabilities |
2.41 |
2.32 |
|
Total Liabilities |
2,372.99 |
2,168.02 |
|
Equity |
|
|
|
Equity Share Capital |
100 |
100 |
|
Other Equity |
6,773.31 |
6,289.35 |
|
Total Equity |
6,873.31 |
6,389.35 |
|
Total Liabilities and Equity |
9,246.29 |
8,557.37 |
|
2023 |
2022 |
|
|
I Revenue from operations |
|
|
|
|
Interest Income |
34.95 |
46.27 |
|
|
Net Gain arising on Investments designated as at FVTPL |
3.84 |
4.88 |
|
|
Gain on sale of mutual fund |
- |
0.01 |
|
|
Total |
38.78 |
51.17 |
|
|
II Other Income |
2.27 |
1.75 |
|
|
III Total Income (I +II) |
41.06 |
52.92 |
|
|
IV Expenses |
|
|
|
|
Employee benefit expense |
1.2 |
1.2 |
|
|
Other expense |
10.47 |
11.88 |
|
|
Finance Cost |
113.6 |
29.93 |
|
|
Total expenses (IV) |
125.27 |
43.02 |
|
|
V Profit/ (loss) before exceptional items and tax (III-IV) |
-84.21 |
9.9 |
|
|
VI Exceptional items |
- |
- |
|
|
VII Profit/ (loss) before tax (V-VI) |
-84.21 |
9.9 |
|
|
VIII Tax expense |
|
|
|
|
a) Current Tax |
6.64 |
9.34 |
|
|
b) Deferred Tax |
1 |
1.27 |
|
|
c) Previous Year Tax adjustment |
0.55 |
0.32 |
|
|
IX Profit/ (loss) for the period (VII-VIII) |
-92.4 |
-1.03 |
|
|
X Other Comprehensive Income/(Loss) |
|
|
|
|
(i) Items that will not be reclassified to profit or loss |
|
|
|
|
(a)Equity instruments through other comprehensive income |
778.86 |
446.84 |
|
|
(ii) Income tax relating to items that will not be reclassified to profit or loss |
-202.5 |
-116.18 |
|
|
(i)(b)Equity instruments through other comprehensive income |
|
1,494.43 |
|
|
(ii)(b) Income tax relating to items that will not be reclassified to profit or loss (out of merger) |
|
-388.55 |
|
|
XI Total comprehensive income for the period (IX+X) |
483.96 |
1,435.51 |
|
|
XII Earnings per share |
|
|
|
|
a) Basic |
-9.24 |
-0.1 |
|
|
b) Diluted |
-9.24 |
-0.1 |
|
Particular |
2023 |
2022 |
|
Cash flows from Operating Activities |
|
|
|
Profit Before Tax |
-84.21 |
9.9 |
|
Adjustments for: |
|
|
|
Net Loss/(gain) arising on investments measured at FVTPL |
-3.84 |
-4.88 |
|
Loss/(gain) on sale of mutual fund |
- |
-0.01 |
|
Operating Profit before working capital changes |
-88.05 |
5.01 |
|
Changes in Working Capital: |
|
|
|
Adjustments for (increase)/decrease in operating assets |
|
|
|
Loans |
69.76 |
-17 |
|
Other financial assets |
-46.57 |
-18.41 |
|
Adjustments for increase/(decrease) in operating liabilities |
|
|
|
Other financial liabilities |
2.99 |
30.41 |
|
Other non-financial liabilities |
0.09 |
-1.85 |
|
Cash generated from operations |
-61.78 |
-1.84 |
|
Income tax paid |
-8.81 |
-6.58 |
|
Net cash flow from Operating Activities (A) |
-70.58 |
-8.43 |
|
Cash flows from Investing Activities |
|
|
|
Proceeds from sale of Investments |
88.95 |
-1,341 |
|
Net cash flow from / (used in) Investing Activities (B) |
88.95 |
-1,341 |
|
Cash flows from Financing Activities |
|
|
|
Increase in share application pending allotment |
- |
47.39 |
|
Increase in share premium |
- |
1,306 |
|
Increase in reserve & surplus due to merger |
- |
16.29 |
|
Net cash flow from/(used in) Financing Activities (C) |
- |
1,369 |
|
Net increase / (decrease) in Cash and Cash Equivalents |
18.37 |
20.14 |
|
Cash and Cash equivalents at the beginning of year |
24.11 |
3.97 |
|
Cash and Cash equivalents at the end of the year |
42.48 |
24.11 |
Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:
Operating Activities:
- 2023: Net cash from operating activities was a negative Rs. 70.58.
- 2022: Net cash from operating activities was a negative Rs. 8.43.
There were adjustments made before working capital changes, such as gains/losses on investments:
- Profit Before Tax: -Rs. 84.21 (2023) and Rs. 9.9 (2022).
- Net Loss/(Gain) on Investments: -Rs. 3.84 (2023) and -Rs. 4.88 (2022).
Changes in working capital included increases/decreases in various assets and liabilities:
- Loans: Increased by Rs. 69.76 (2023) and decreased by Rs. 17 (2022).
- Other Financial Assets: Decreased by Rs. 46.57 (2023) and Rs. 18.41 (2022).
- Other Financial Liabilities: Increased by Rs. 2.99 (2023) and Rs. 30.41 (2022).
- Other Non-Financial Liabilities: Increased by Rs. 0.09 (2023) and decreased by Rs. 1.85 (2022).
Investing Activities:
- 2023: Net cash flow from investing activities was Rs. 88.95.
- 2022: Net cash flow used in investing activities was -Rs. 1,341.
There were proceeds from the sale of investments in 2023 and a significant use of cash for investing activities in 2022.
Financing Activities:
- 2023: No specific data provided.
- 2022: There were increases in share application pending allotment, share premium, and reserve & surplus due to merger, totaling Rs. 1,369.
Net Increase/Decrease in Cash and Equivalents:
- 2023: Net increase in cash and cash equivalents was Rs. 18.37. The closing cash and equivalents were Rs. 42.48.
- 2022: Net increase in cash and cash equivalents was Rs. 20.14. The closing cash and equivalents were Rs. 24.11.
