| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Supreme Commercial Enterprises Limited |
SUPREME COMMERCIAL ENTERPRISES LIMITED Balance Sheet (In Real Figures)
|
Particulars |
2023 |
2022 |
|
ASSETS |
||
|
1)Non-current assets |
||
|
Property, Plant and Equipment |
4,551.00 |
4,551.00 |
|
Investment Property |
124,000,000.00 |
124,000,000.00 |
|
Financial Assets |
||
|
i)Investments |
14,891,400.00 |
14,891,400.00 |
|
iii)Loans |
53,653.00 |
53,653.00 |
|
2)Current assets |
||
|
Trade receivables |
6,088,269.56 |
6,393,013.22 |
|
Cash and cash equivalents |
1,516,544.61 |
1,166,012.06 |
|
Others(to be specified) |
995,456.00 |
1,093,416.00 |
|
Other current assets |
181,782.90 |
|
|
Total Assets |
147,731,657.07 |
147,602,045.28 |
|
EQUITY AND LIABILITIES |
||
|
EQUITY |
||
|
Equity Share Capital |
5,357,490.00 |
5,357,490.00 |
|
Other Equity |
139,356,832.07 |
138,855,987.15 |
|
LIABILITIES |
||
|
1)Non-Current Liabilities |
||
|
2)Current Liabilities |
||
|
Financial Liabilities |
||
|
iii)Other financial liabilities |
3,017,335.00 |
3,388,568.00 |
|
Total Equity and Liabilities |
147,731,657.07 |
147,602,045.28 |
|
Paticulars |
2023 |
2022 |
|
Revenue from operations |
31,135,943.00 |
33,489,177.00 |
|
Other Income |
208,728.00 |
1,358,894.00 |
|
Total Revenue |
31,344,671.00 |
33,625,071.00 |
|
Employee benefits expenses |
29,644,136.00 |
31,518,850.00 |
|
Other expenses |
1,066,833.08 |
1,083,719.22 |
|
Total expenses |
30,710,969.08 |
326,062,569.22 |
|
Profit/(loss) before exceptional items and tax |
633,701.92 |
1,022,501.78 |
|
Profit/(loss) before exceptional items and tax |
633,701.92 |
1,022,501.78 |
|
Tax expenses |
||
|
1)Current tax |
150,429.00 |
256,500.00 |
|
Income tax Earlier year |
429.00 |
|
|
2)Deferred tax |
30,938.00 |
|
|
Profit/(loss) for the period from continuing operations |
483,272.92 |
734,634.78 |
|
Total Comprehensive Income |
483,272.92 |
734,634.78 |
|
Earnings per equity share (for continuing operations) |
||
|
Basics |
0.90 |
1.37 |
|
Diluted |
0.90 |
1.37 |
|
Earnings per equity share (for discounted and continuning operations) |
||
|
Basics |
0.90 |
1.37 |
|
Diluted |
0.90 |
1.37 |
|
Particulars |
2023 |
2022 |
|
A. CASH FLOWS FROM OPERATING ACTIVITIES |
||
|
Profit/(Loss) before tax |
633,702.00 |
1,022,502.00 |
|
Adjustment for: |
||
|
Rental Income |
(120,000.00) |
(120,000.00) |
|
Interest income |
(88,728.00) |
|
|
Operating profit/(loss) before working capital changes |
424,974.00 |
902,502.00 |
|
Movements in working capital: |
||
|
Increase/(decrease) in other liabilities |
(371,233.00) |
2,030.00 |
|
Decrease/(increase) trade receivables |
304,744.00 |
(362,057.00) |
|
Decrease/(increase) in non-current loans |
- |
30,938.00 |
|
Decrease/(increase) in other current financial assets |
97,960.00 |
(455,572.00) |
|
Decrease/(increase) in other current assets |
(181,783.00) |
30,000.00 |
|
Cash (used in)/ generated from operations |
274,662.00 |
147,841.00 |
|
Income tax paid (Net) |
(132,857.00) |
(287,867.00) |
|
Net cash (used in)/generated from operating activities(A) |
141,805.00 |
1,400,236.00 |
|
B. CASH FLOWS FROM INVESTING ACTIVITES |
||
|
Rental Income |
120,000.00 |
120,000.00 |
|
Interest Income |
88,728.00 |
|
|
Net cash from/(used in) investing activities(B) |
208,728.00 |
120,000.00 |
|
C. CASH FLOWS FROM FINANCING ACTIVITIES |
||
|
Net increase/(decrease) in cash and cash equivalents (A+B+C) |
350,533.00 |
(20,026.00) |
|
Cash and cash equivalents as at beginning of the year |
1,166,012.00 |
1,186,038.00 |
|
Cash and cash equivalents as at the end of the year |
1,516,544.00 |
1,166,012.00 |
|
Components of cash and cash equivalents: |
||
|
Cash on hand |
40,014.00 |
10,164.00 |
|
Balance with scheduled banks: |
||
|
In current accounts |
1,476,531.00 |
155,848.00 |
|
Cash and cash equivalents in cash flow statement |
1,516,544.24 |
1,166,012.00 |
Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:
1. Profit/(Loss) Before Tax: In 2023, the company reported a profit of INR 633.70 lakhs, down from INR 1,022.50 lakhs in the previous year, resulting in reduced cash flows from operating activities.
2. Rental Income and Interest Income: While rental income remained constant at INR 120.00 lakhs, interest income of INR 88.73 lakhs was only recorded in 2023. This indicates a decrease in revenue from these sources compared to 2022.
3. Working Capital Changes: There were fluctuations in working capital, with a decrease in other liabilities by INR 371.23 lakhs in 2023, which is a significant change from a meager increase of INR 2.03 lakhs in 2022. Trade receivables increased by INR 304.74 lakhs, contrasting with a decrease of INR 362.06 lakhs in the previous year. Non-current loans showed no change in 2023 but increased by INR 30.94 lakhs in 2022. Other current financial assets saw an increase of INR 97.96 lakhs in 2023, while a decrease of INR 455.57 lakhs was recorded in 2022. Additionally, other current assets decreased by INR 181.78 lakhs in 2023, while they increased by INR 30.00 lakhs in the prior year.
4. Cash used in/Generated from Operations: The cash generated from operations in 2023 was INR 274.66 lakhs, significantly lower than the INR 147.84 lakhs generated in 2022.
5. Income Tax Paid (Net): INR 132.86 lakhs were paid in income tax in 2023, whereas INR 287.87 lakhs were paid in 2022, resulting in a lower cash outflow for taxes in the current year.
In terms of cash flows from investing activities (B), there was a notable increase from INR 120.00 lakhs in 2022 to INR 208.73 lakhs in 2023. This increase is primarily due to higher interest income recorded during the year.
The financing activities (C) exhibited a net increase of INR 350.53 lakhs in cash and cash equivalents in 2023, as opposed to a decrease of INR 20.03 lakhs in 2022. This suggests a positive financial trend.
The cash and cash equivalents at the beginning of 2023 stood at INR 1,166.01 lakhs, slightly less than the INR 1,186.04 lakhs at the start of 2022. However, by the end of 2023, the cash and cash equivalents had increased to INR 1,516.54 lakhs, indicating improved liquidity.
