| (All amounts in Sri Lanka Rupees millions) |
| Reconciliation of profit before tax to cash generated
from operations: |
 |
| |
Group |
Company |
| |
2002 |
2003 |
2003 |
2002 |
|
| Profit before tax |
3,242 |
5,207 |
3,376 |
5,203 |
| Adjustments for |
|
|
|
|
| Depreciation (Note
9) |
8,241 |
7,604 |
7,987 |
7,558 |
| Amortisation of deferred costs (Note
5) |
48 |
48 |
48 |
48 |
| Net exchange loss on financing activities
(Note 5) |
609 |
571 |
609 |
571 |
| Interest expense and related charges |
2,254 |
2,758 |
2,193 |
2,746 |
| Interest income |
(316) |
(552) |
(311) |
(551) |
| Connection fees less amortisation
(Note 18) |
82 |
253 |
82 |
253 |
| Share of result before tax of associates
(Note 11) |
– |
29 |
– |
29 |
| Profit on sale of property, plant
& equipment |
(4) |
(3) |
(4) |
(3) |
| Provision for insurance reserve (Note
21) |
9 |
– |
9 |
– |
| Amortisation of goodwill (Note
10) |
78 |
13 |
– |
– |
| Retirement benefits (Note
20) |
64 |
83 |
64 |
82 |
| |
---------
14,307
====== |
---------
16,011
====== |
---------
14,053
====== |
---------
15,936
====== |
| |
|
|
|
|
| Changes in working capital |
|
|
|
|
| - trade and other receivables |
20 |
(360) |
32 |
(391) |
| - inventories |
(120) |
368 |
110 |
363 |
| - payables |
(86) |
(53) |
207 |
(30) |
| Cash generated from operations |
---------
14,121
====== |
---------
15,966
====== |
---------
14,402
====== |
---------
15,878
====== |
| |
|
|
|
|
|
| |
|