CFSL - Annual report 2018

EXPLANATORY NOTES 30 SEPTEMBER 2018 32. EARNINGS PER SHARE GROUP COMPANY Sep-18 Sep-17 Sep-18 Sep-17 MUR m MUR m MUR m MUR m Profit for the year from continuing operations 351.4 310.8 4.5 2,837.0 Profit for the year from discontinued operations - 2,645.4 - - Profit attributable to owners of the parent 351.4 2,956.2 4.5 2,837.0 Number of shares used in calculation 680,522,310 680,522,310 680,522,310 680,522,310 Basic/diluted earnings per share from continuing activities MUR 0.52 0.46 0.01 4.17 Basic/diluted earnings per share from discontinued activities MUR - 3.89 - - Basic/diluted earnings per share MUR 0.52 4.35 0.01 4.17 33. NOTES TO THE STATEMENTS OF CASH FLOWS GROUP COMPANY Sep-18 Sep-17 Sep-18 Sep-17 MUR m MUR m MUR m MUR m (a) Cash generated from operations Profit before taxation from continuing operations 441.4 411.5 4.5 2,836.5 Profit before taxation from discontinuing operations - 2,676.0 - - Depreciation 67.7 79.5 - - Amortisation 18.3 15.6 0.1 - Impairment of investment 0.6 0.6 0.6 0.6 Profit on disposal of subsidiary - (2,477.8) - (2,494.9) Fair value change on investment properties (29.6) (48.2) - (2.7) Net gain on business combination (29.5) - - - Net provision for credit impairment 214.3 193.7 - - Profit on disposal of property, plant and equipment - (7.4) - - Investment income - - (65.0) (448.9) Foreign exchange (profit)/loss (2.0) (4.8) 11.1 77.4 Fair value movement on financial assets 12.0 (12.0) 33.3 (13.3) Fair value movement on debt instruments (3.0) - (3.0) 0.0 Share of results of associates 14.7 5.6 - - Post employment benefit (4.4) 0.6 (3.8) (2.8) 700.5 832.9 (22.2) (48.1) Changes in working capital Deposit from customers (496.5) 339.0 - 0.0 Deposit with banks 1,764.3 (2,251.6) 1,731.6 (2,323.5) Inventories 2.6 (3.5) - 0.0 Net investment in finance leases and other credit agreements (537.0) (1,086.6) - 0.0 Loan and advances (563.5) (754.2) 716.6 (474.2) Investment in financial assets (1,586.7) - (1,586.7) 0.0 Other assets (124.4) 161.1 52.4 (186.2) Other liabilities 41.5 (227.1) (0.7) 13.5 Cash (used in)/generated from operations (799.2) (2,990.0) 891.0 (3,018.5) (b) Operational cash flows from interest Interest income received during the year 159.4 159.4 140.1 125.9 Interest expense paid during the year (354.3) (354.3) (108.7) (103.4) 127 CIM FINANCIAL SERVICES LTD ANNUAL REPORT 2018