Constance Hotels, Resorts and Golf | Annual Report 2023
26
Strategic Insights
Constance Hotels Services Limited
Annual Report 2023
27
Strategic Insights
Constance Hotels Services Limited
Annual Report 2023
Group Financial Highlights
Value Added Statement
2023 MUR’000 5,727,053
2022 MUR’M 5,091,004
2023 MUR’M 17,073
2022 MUR’M
%
%
Statement of Financial Position
Revenue
Total assets Borrowings
16,411
658,363
Value Added Tax/Goods and Services Tax
521,066
4,770 4,893 5,832
5,160 4,457 5,387
Total Revenue
6,385,416 (2,502,222) 3,883,194
5,612,070 (2,661,027) 2,951,043
Owners' interest
Payment to suppliers for materials and services
Total equity
Value added by operations Other income/(charges)
176,686
124,655
2023 MUR’M
2022 MUR’M
Total wealth created
4,059,880
100%
3,075,698
100%
Statement of Cash Flow
1,275
Net cash generated from operating activities
1,290 (199) (510)
Distributed as follows: Employees Salaries and wages
(31)
Net cash used in investing activities Net cash used in financing activities
(1,209)
1,567,964 1,567,964
1,303,559 1,303,559
39%
42%
2023 MUR’M
2022 MUR’M
Government Value Added Tax/Goods and Services Tax
Statement of Profit or Loss
658,363 29,158 101,311
521,066 22,964 141,539
5,727 1,571
Revenue EBITDA
5,091 1,525
Environment fees Corporate tax
967
Operating profit
864
2,555
Licences, land leases and other local tax
1,909
(734)
Finance cost
(640)
42,541
Social security charges
37,527
422 321 283
Profit before taxation
389 247 225
833,928
21%
583,466
19%
Profit for the year
Reinvested to maintain/develop operations Depreciation and amortisation
Profit attributable to owners of the parent
641,169 283,316 924,485
638,064 224,728 862,792
Retained earnings
23%
28%
Financial Ratios
2023 44.62
2022 40.65
Providers of capital Interest on financial debt
NAV per share
MUR
733,503 733,503
18% 18%
325,881 325,881
11% 11%
0.82
Debt to equity ratio
0.96
27.00
Operating margin
% %
30.00
4,059,880
100%
Total wealth distributed
3,075,698
100%
5.50 1.27 2.58
Return on total equity Interest cover ratio Earnings per Share
4.59 1.37 2.05
MUR
18%
23%
11%
28%
Employees Government
2023
2022
Providers of Capital Reinvested to maintain/develop operations
42%
19%
21%
39%
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