Investor Presentaiton slide image

Investor Presentaiton

Finance Cost: For the quarter ended 31 December Finance Cost (Rs. Million) John Keells Group Q3 2023/24 Q3 2022/23 Variance Variance (%) Transportation 156 197 (42) (21) Consumer Foods Retail 179 324 (146) (45) 731 1,225 (493) (40) Leisure 983* 845 138 16 Property Financial Services Other, incl. IT and Plantation Services Group Forex loss on Cinnamon Life loan translation 34 40 (6) (16) 0.1 0.1 3,133 2,671 462 17 5,215 5,303 (87) (2) (145) 145 Interest expense on HWIC Convertible Debentures** (1,032) (855) 176 21 Group excl. WPL forex loss and Debenture interest 4,038 4,448 (410) (9) *The functional reporting currency of Waterfront Properties (Private) Limited (WPL), the project company of the Cinnamon Life Integrated Resort, was changed from US Dollars to Sri Lankan Rupees in August 2023, given the impending transition of the project from construction to an operational business next year, which resulted in a non-cash exchange loss of Rs.145 million on the USD 225 million term loan facility at WPL. **Includes notional non-cash interest charged on the convertible debentures amounting to approximately Rs.820 million and Rs.700 million, in Q3 2023/24 and Q3 2022/23, respectively. 5
View entire presentation