Kanco Enterprises Ltd Annual Report and Financials

PARTICULARS

2023

2022

A ASSETS

1 Non-current assets

a) Property, plant and equipment

4,211.60

4,323.18

b) Financial assets

i) Other financial assets

434.72

434.72

Total non-current assets

4,646.32

4,757.90

2 Current assets

a) Inventories

2,405.89

2,405.89

b) Financial assets

i) Cash and cash equivalents

285.19

179.22

c) Other current assets

9,286.83

3,463.17

d) Assets classified as held for sale

9,805.07

9,805.07

Total current assets

21,782.98

15,853.35

Total assets

26,429.30

20,611.25

B EQUITY AND LIABILITIES

Equity

a) Equity share capital

179,303.74

179,303.74

b) Other equity

(207,350.15)

(215,278.62)

Total equity

(28,046.41)

(35,974.88)

Liabilities

1 Current liabilities

a) Financial liabilities

i) Borrowings

9,940.00

12,775.00

iii) Other financial liabilities

18,666.01

19,591.39

b) Other current liabilities

25,863.56

24,213.60

c) Employees benefit obligations

6.14

6.14

Total current liabilities

54,475.71

56,586.13

Total liabilities

54,475.71

56,586.13

Total equity and liabilities

26,429.30

20,611.25

PARTICULARS

2023

2022

Revenue

Other Income

10307.27

29091.4

Total Income

10307.27

29091.4

Expenses

Employee benefit expense

1263.61

1713.22

Finance costs

4.55

9.53

Depreciation and amortisation expense

111.58

170.32

Other expenses

999.06

2178.24

Total expenses

2378.8

4071.31

Profit before exceptional item & tax

7928.47

25020.09

Exceptional item

156505.23

Profit before tax

7928.47

181525.32

Tax expense

Current tax

Deferred tax

Total tax expense

Profit / (loss) for the year

7928.47

181525.32

Other comprehensive income

Total Other comprehensive income, net of tax

Total comprehensive income/(loss)

7928.47

181525.32

No. of shares

17930374

17930374

Basics and diluted earning Rs. Per Equity share of Rs 10 each

0.44

10.12

PARTICULARS

2023

2022

A. Cash flow from operating activities

Profit before tax

7928.47

181525.32

Adjustments for:

Depreciation and amortisation expenses

111.58

170.32

Finance costs

4.55

9.53

Unsecured Loan Payable written back

-120653.36

Interest accrued and due written back

-35851.87

Surplus on sales of property, plant and equipments

-29091.4

Operating profit before working capital changes

8044.6

-3891.46

Adjustments for:

Other current assets

-5823.66

Other non-current assets

-1057.54

Other current financial liabilities

-925.38

-36005.51

Other current liabilities

1649.96

0.87

-5099.08

-37062.18

Cash generated from operations

2945.52

-40953.64

Net cash flow from operating activities A

2945.52

-40953.64

B. Cash flow from investing activities

Property, Plant and Equipment Sold

136399.99

Capital Advance Received

-35000

Net cash from /(used in) investing activities B

101399.99

C. Cash flow from financing activities

Increase / (Repayment) in borrowings

-2835

-96288

Interest Paid

-4.55

35842.34

Net cash used in financing activities C

-2839.55

-60445.66

Net change in cash and cash equivalents A+B+C

105.97

0.69

Opening balance - cash and cash equivalents

179.22

178.53

Closing balance - cash and cash equivalents

285.19

179.22