Sophia Exports Ltd Annual Reports, Balance Sheet and Financials

Particulars

2023

2022

Assets

Non-Current Assets

Property, Plant and Equipment

10.51

11.83

Investment Properties

9,819.85

9,819.85

Financial Assets

i. Investments

64,311.64

31,839.35

ii. Others

6.00

6.00

Deferred tax assets

Total Non-Current Assets

74,148.09

41,677.02

Current Assets

Financial Assets

i. Trade receivables

5,070.32

11,291.76

ii. Cash and cash equivalents

32.14

239.62

iii. Loans

26,481.30

110.94

Other current assets

95,876.19

95,349.14

Total Current Assets

1,27,459.96

1,06,991.46

Total Assets

2,01,507.95

1,48,668.49

EQUITY AND LIABILITIES

EQUITY

Equity share capital

38,535.00

38,535.00

Other equity

Retained earning

87,380.66

84,839.78

Security premium

18,535.00

18,535.00

Total Equity

1,44,450.66

1,41,909.78

LIABILITIES

Non-Current Liabilities

Deferred tax liabilities (Net)

746.62

426.64

Total Non-Current Liabilities

746.62

426.54

Current Liabilities

Financial Liabilities

Borrowings

65,642.61

4,691.74

Trade Payables

Other current liabilities

320.06

346.43

Provisions

448.00

1,204.00

Current tax liabilities (net)

Total Current Liabilities

56,410.67

6,332.17

Total Equity and Liabilities

2,01,607.95

1,48,668.49

Particulars

2023

2022

Revenue from Operations

4,080.00

5,020.03

Other Income

6,958.09

15,673.22

Total Income

11,038.09

20,693.25

Expenses

Purchase of stock-in-trade

4,032.00

4,921.80

Employee benefit expense

1,598.93

2,269.73

Finance cost

2,005.54

260.19

Depreciation and amortisation expenses

1.32

1.46

Other expenses

978.13

1,345.74

Total Expenses

8,615.92

8,798.73

Profit/(Loss) before exceptional items and tax

2,422.17

12,094.52

Exceptional items

Profit/(Loss) before tax

2,422.17

12,094.52

Tax expenses

Current tax

633.49

1,630.03

Deferred tax

-0.13

149.26

Profit/(Loss) for the year

1,588.80

10,315.23

Other Comprehensive Income

A.(i) Items that will not be reclassified to profit or loss

1,272.29

951.58

(ii) Income Tax relating to items that will not be reclassified to profit or loss

320.21

239.49

Total Comprehensive Income for the period

952.08

712.09

(Comprising Profit/(Loss) and Other Comprehensive Income for the year)

2,540.88

11,027.31

Earning per equity share

Basics

0.56

2.86

Diluted

0.56

2.86

Particulars

2023

2022

A. CASH FLOW FROM OPERATING ACTIVITIES

Net Profit before tax for the year

3,694.46

13,046.10

Adjustments for:

Depreciation

1.32

1.40

Unrealised gain on foreign currency exchange

Unrealised (gain)/loss on mutual fund revaluation

-1,272.29

-951.58

Realised gain on sale of Mutual Fund

Realised gain on sale of investment in property

-9,978.56

Profit on sale of Depreciation Assets

-98.28

Interest received

-6,697.09

-5,263.78

Rent Received

-281.00

-492.00

Operating Profit before Working Capital Changes:

-4,534.60

-3,777.22

Adjustment for Increase/Decrease in operating Assets

(Increase)/Decrease in Current Assets

-20,675.97

-4,631.88

(Decrease)/Increase in Current Liabilities and Provisions

-552.29

-6,420.02

Cash generated from Operations

-25,762.86

-14,829.12

Less Adjustment for-

Provisions for Taxation and other Deferred tax

-1,153.68

-2,018.78

Net cash from Operating Activities

-26,916.44

-16,847.91

B. CASH FLOW FROM INVESTING ACTIVITIES

Investments in Mutual Funds/Partnership Firms

-31,200.00

-6,500.00

Investments in property

12,600.00

Fixed Assets

300.00

Interest received

6,697.09

5,263.78

Rent Received

261.00

492.00

Net cash from Investing Activities

24,241.91

12,155.78

C. CASH FLOW FROM FINANCING ACTIVITIES

Overdraft From Bank

50,950.86

4,530.24

Net Cash used in Financing Activities

50,950.66

4,530.24

Net Increase in Cash equivalents (A+B+C)

-207.49

-161.89

Cash & Cash equivalents as at (Opening Balance)

239.62

401.51

Cash & Cash equivalents as at (Closing Balance)

32.13

239.62