Annual Report 2019

Explanatory Notes 30 SEPTEMBER 2019 32. EARNINGS PER SHARE GROUP COMPANY Sep-19 Sep-18 Sep-19 Sep-18 MUR m MUR m MUR m MUR m Profit for the year from continuing operations 366.9 272.7 301.7 4.5 Profit for the year from discontinued operations 15.8 78.7 - - Profit attributable to owners of the parent 382.7 351.4 301.7 4.5 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 0.54 0.40 0.44 0.01 Basic/diluted earnings per share from discontinued activities MUR 0.02 0.12 - - Basic/diluted earnings per share MUR 0.56 0.52 0.44 0.01 33. NOTES TO THE STATEMENTS OF CASH FLOWS GROUP COMPANY Sep-19 Sep-18 Sep-19 Sep-18 MUR m MUR m MUR m MUR m (a) Cash generated from operations Profit before taxation from continuing operations 453.1 346.1 304.4 4.5 Profit before taxation from discontinuing operations 20.0 95.3 - - Depreciation 146.2 67.7 - - Amortisation 26.8 18.3 - 0.1 Impairment of investment - 0.6 55.7 0.6 Fair value change on investment properties - (29.6) - - Net gain on business combination - (29.5) - - Net provision for credit impairment 180.9 214.3 5.8 - Profit on disposal of property, plant and equipment (3.9) - - - Investment income - - (311.9) (65.0) Foreign exchange gain/loss (4.4) (2.0) - 11.1 Fair value movement on financial assets 0.4 12.0 0.4 33.3 Fair value movement on debt instruments (8.2) (3.0) (8.2) (3.0) Share of results of associates 32.3 14.7 - - Post employment benefit 4.3 (4.4) (3.5) (3.8) 847.5 700.5 42.7 (22.2) Changes in working capital Repayment of deposit from customers (3,426.6) (496.5) - - Deposit with banks 518.4 1,764.3 524.5 1,731.6 Inventories 1.9 2.6 - - Net investment in finance leases and other credit agreements (1,268.1) (537.0) - - Loan and advances (889.0) (563.5) (1,896.4) 716.6 Investment in financial assets 1,597.9 (1,586.7) 1,597.9 (1,586.7) Other assets 361.2 (124.4) 123.2 52.4 Other liabilities (158.1) 41.5 (127.5) (0.7) Cash (used in)/generated from operations (2,414.9) (799.2) 264.4 891.0 (b) Operational cash flows from interest Interest income received during the year 1,420.3 1,163.5 118.6 140.1 Interest expense paid during the year (387.4) (354.3) (39.3) (108.7) CIM FINANCIAL SERVICES LTD / ANNUAL REPORT 2019 146