Financial Statements

STATEMENT OF CHANGES IN EQUITY

Year ended 31 July Revaluation
reserve
LKR
Accumulated
reserve
LKR
Total

LKR
Balance as at 1 August 2018 863,133,768 1,227,906,673 2,091,040,441
Net surplus for the year (7,615,265) (7,615,265)
Released during the year on leasehold rights (634,941) 634,941
Balance as at 31 July 2019 862,498,827 1,220,926,349 2,083,425,176
Net surplus for the year 124,821,365 124,821,365
Revaluation surplus on property, plant and equipment – Net of tax 362,782,836 362,782,836
Released during the year on leasehold rights (634,941) 634,941
Balance as at 31 July 2020 1,224,646,722 1,346,382,656 2,571,029,377

The Accounting Policies and Notes on pages 78 through 94 form an integral part of the Financial Statements.