Integrated Report 2020

INTEGRATED REPORT 2020 CIM FINANCIAL SERVICES LTD Explanatory Notes 30 SEPTEMBER 2020 31. EARNINGS PER SHARE 32. NOTES TO THE STATEMENTS OF CASH FLOWS GROUP COMPANY Sep-20 MUR m Sep-19 MUR m Sep-20 MUR m Sep-19 MUR m Profit for the year from continuing operations 190.8 366.9 120.6 301.7 Profit for the year from discontinued operations - 15.8 - - Profit attributable to owners of the parent 190.8 382.7 120.6 301.7 Number of shares used in calculation 680,522,310 680,522,310 680,522,310 680,522,310 Basic and diluted earnings per share from continuing activities MUR 0.28 0.54 0.18 0.44 Basic and diluted earnings per share from discontinued activities MUR - 0.02 - - Basic and diluted earnings per share MUR 0.28 0.56 0.18 0.44 GROUP COMPANY Sep-20 MUR m Sep-19 MUR m Sep-20 MUR m Sep-19 MUR m (a) Cash generated from operations Profit before tax from continuing operations 268.2 453.1 129.4 304.4 Profit before tax from discontinuing operations - 20.0 - - Depreciation of property, plant and equipment (note 22) 156.6 146.2 - - Depreciation of right of use asset (note 23) 32.5 - - - Amortisation (note 24) 33.3 26.8 0.1 - Interest income using EIR model (note 5(a)) (933.3) (549.8) (199.5) (87.8) Other interest income (note 5(a)) (781.4) (892.8) (0.3) (30.8) Interest expense (note 5(b)) 431.4 388.2 138.8 39.3 Impairment of investment (note 21) - - 22.6 55.7 Impairment on other assets 2.9 - - - Profit on disposal of investment (19.7) - - - Allowance for credit impairment 652.6 180.9 16.2 5.8 Profit on disposal of equipment (2.4) (3.9) - - Investment income - - (140.0) (311.9) Foreign exchange loss/(profit) 0.9 (4.4) - 3.9 Fair value movement on financial assets - 0.4 - 0.4 Fair value movement on debt instruments - (8.2) - (8.2) Share of results of associates (note 21(a)) 5.7 32.3 - - Post employment benefit expense 4.2 4.3 (2.8) (3.5) (148.5) (206.9) (35.5) (32.7) (b) Changes in working capital Repayment of deposit from customers - (3,426.6) - - Deposit with banks (3.2) 518.4 - 524.5 Inventories 1.7 1.9 - - Net investment in finance leases and other credit agreements 192.0 (763.5) - - Loan and advances (746.6) (336.0) (4,241.9) (1,855.5) Investment in financial assets - 1,597.9 (20.0) 1,597.9 Other assets 75.3 361.2 39.1 119.3 Other liabilities (57.5) (158.1) 2.0 (127.5) Cash (used in)/generated from operations (686.8) (2,411.7) (4,256.3) 226.0 143