Constance Hotels Services Limited | Annual Report 2025

145 ANNUAL REPORT 2025

Statement of Financial Position Year ended December 31, 2025

Statement of Financial Position Year ended December 31, 2025

THE GROUP

THE COMPANY

THE GROUP

THE COMPANY

Notes

2025

2024

2025

2024

Notes

2025

2024

2025

2024

MUR'000

MUR'000

MUR'000

MUR'000

MUR'000

MUR'000

MUR'000

MUR'000

LIABILITIES Non-current liabilities Borrowings

ASSETS Non-current assets Property, plant and equipment

4,652,898 3,363,745

802,882

17

4,655,312 3,450,940

1,011,747

8,427,985 4,422,053

10

5 6 7 8 9

8,486,024 4,401,233

45

- - -

Lease liabilities

6

- - -

- -

Right-of-use assets Intangible assets

- -

293,366 684,979

Deferred tax liabilities Employee benefit liabilities

11 18

248,404 606,848

84,519

85,071

-

2,943,853

Investments in subsidiary companies

-

2,943,853

8,994,988

802,882

8,961,504

1,011,747

2,703,623

342,687

Investments in associates

2,288,963

342,687

147,062

2,705

Deferred tax assets

11

118,267

3,464

Current liabilities Trade and other payables

15,785,242

3,289,255

15,379,558

3,290,049

1,310,287 1,779,499

480,572 247,449

19 17

1,404,786

732,895 240,448

Current assets Inventories

Borrowings

714,003 168,105

605,497 551,478 227,428 324,437 421,839

- -

12 13 10 14

554,596 545,673 185,528 269,354 375,013

- -

178,432 54,827 101,644

-

Lease liabilities Dividend payable

6

- - -

Trade and other receivables Financial assets at amortised cost

54,827

29

-

715,098

864,395

-

Current tax liabilities

21(a)

42,396

7,859

Other assets

5,931

3,424,689 12,419,677 17,915,921

782,848

2,329,290 11,290,794 17,309,722

973,343

20,345 743,302

Cash and cash equivalents

26(b)

18,469 888,795

Total liabilities

1,585,730 4,032,557

1,985,090 4,178,844

2,130,679 17,915,921

1,930,164 17,309,722

Total equity and liabilities

Total assets

4,032,557

4,178,844

These financial statements have been approved for issue by the Board of Directors on:

EQUITY AND LIABILITIES Capital and reserves (attributable to owners of the parent company) Stated capital

George J. Dumbell (s) Chairman

Clément D. Rey (s) Executive Director Constance Group Chief Executive Officer

2,153,395 4,156,041 (762,402) 5,547,034

2,153,395

15 16

2,153,395 3,961,686 (1,019,741) 5,095,340 961,715 (38,127) 6,018,928

2,153,395

-

Revaluation and other reserves

-

293,432

Retained earnings Owners' interest Convertible Bonds

40,359

2,446,827

2,193,754

-

- -

20

- -

(50,790) 5,496,244

Non-controlling interests

The notes on pages 152 to 218 form an integral part of these financial statements. Auditor’s report on pages 138 to 143.

2,446,827

Total equity

2,193,754