Constance Hotels Services Limited | Annual Report 2025

151 ANNUAL REPORT 2025

Statement of Cash Flows Year ended December 31, 2025

Statement of Cash Flows 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

Cash flows from investing activities Movement in financial assets at amortised cost Purchase of property, plant and equipment

Cash flows from operating activities Profit before taxation

(41,900) (461,916) (235,098)

(108,709)

(69,068) (384,357) (937,820)

(133,559)

621,710

352,520

516,079

156,483

- - -

5 6

- - - -

Adjustment for: Share of results of associates

Acquisition of leasehold rights Purchase of intangible assets

(288,452) 36,568 464,343 253,662

-

9

(206,087) (76,374) 429,762 278,370

-

(2,305)

(3,084)

(4,030)

Exchange differences

6,674

1,759

870

Proceeds from sale of property, plant and equipment

1,844

35

Depreciation of property, plant and equipment

5 6 7

114

-

- -

Repayment of long term receivable

9

12,937 62,429

2,000

- -

Depreciation of right-of-use assets Amortisation of intangible assets

-

85,516

Dividend from associates

-

2,416

2,816 3,925 4,044

12

Cash used in investing activities

(653,944)

(107,839)

(1,317,119)

(131,559)

870

(870)

Loss on disposal of property, plant and equipment Profit/(Loss) on derecognition of rights of use assets Write off of property, plant and equipment

- - -

- - -

- -

Cash flows from financing activities Proceeds from borrowings

5

224

1,684,164 (1,104,098) (121,404) (275,488) (53,427) (970,975) 639,240 (43,861) (45,953) (291,802)

70,000

1,048,800 (700,576) (98,756) (299,393) (34,499) (54,827) (36,130) (175,381) (334,809) 28,312 378,954 72,457 - -

-

(702,850)

Dividend income

-

(371,656)

(274,731)

Payments of borrowings

(334,163)

851

-

Charge/(Reversal) of provision for slow moving stock Allowance for expected credit loss (reversal)/charge on trade receivables Allowance for expected credit loss charge on financial assets

12

(543)

-

- - - - -

Principal paid on lease liabilities Interest paid on lease liabilities Interest paid on convertible bonds Redemption of convertible bonds Loan received from related party

- - - - -

(5,444)

-

19,279

-

-

258,006 134,343 (75,845)

-

152,699 139,003 (64,598)

744,668

Interest expense Interest income

771,834 (2,555) 41,415

(858)

45,039

-

Retirement benefit obligations

-

(43,861)

Dividend paid to Company's shareholders Dividends paid to non-controlling interests

(54,827)

Operating profit/(loss) before working capital changes

1,875,373 (51,752) (5,805) (55,083) (94,672) 1,668,061

(38,691)

1,782,189 (39,363) (86,851) (46,648)

18,731

-

-

- -

- inventories

- -

Cash used in financing activities

(248,592)

(388,990)

- trade receivables and other receivables

(1,928)

- other assets

(1,372) 68,405 85,764 371,656 (146,605)

Increase/(decrease) in cash and cash equivalents

179,350 32,286 72,457 284,093

(4,427)

(145,136)

(252,323) (292,942) 702,850 (133,749)

- trade and other payables

95,963

1,799

Net Foreign exchange difference

415

Cash generated from/(used in) operations

1,705,290

(16,181) (18,809)

Cash and cash equivalents at January 1,

128,540 (16,181)

-

Dividend received

-

Cash and cash equivalents at December 31,

26(b)

(436,183)

Interest paid

(482,644)

858

75,845

Interest received

2,555

64,598

(107,640) 1,125,096

-

Tax paid

(67,510) 1,157,691

-

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

Cash generated from operating activities

352,004

375,413