Page 61 - Honeywell Annual Report 2021 comm 10 09 v17a.cdr
P. 61

Statement Of Changes in Equity

         for the Year Ended 31 March, 2021


                                  Share    Share   Total share   Revaluation   Reserve for   Total   Retained   Total
                                 Capital   premium   capital   reserve   value of   reserve    income   equity
                                                                       Liabilities
                                  N'000    N'000     N'000      N'000     N'000     N'000      N'000     N'000

         Balance at 1 April, 2019 as
         previously stated     3,965,099   6,462,041   10,427,140   32,115,596   789,581   32,905,177   13,302,984   56,635,301
         Prior year tax under provision                  -                  -                    -                   -                 -                    -    (125,771)    (125,771)
         Balance at 1 April, 2019 as
         restated              3,965,099   6,462,041   10,427,140   32,115,596   789,581   32,905,177   13,177,213   56,509,530
         Profit for the year                    -                 -                   -                   -               -                   -        650,492       650,492
         Balance at March 31, 2020   3,965,099   6,462,041   10,427,140   32,115,596   789,581   32,905,177   13,827,705   57,160,022

         Restated balance at
         April 1, 2020         3,965,099   6,462,041   10,427,140   32,115,596   789,581   32,905,177   13,827,705   57,160,022
         Profit for the year          -        -          -         -         -          -   1,125,864   1,125,864
         Transfer between reserve    -        -          -         -   (789,581)   (789,581)   789,581       -
         Dividend                              -                 -                    -                   -                 -                   -     (317,208)     (317,208)
         Balance at 31 March 1, 2021   3,965,099   6,462,041   10,427,140   32,115,596   -   32,115,596   15,425,942   57,968,678

         The accounting policies and the notes on pages 63 to 100 form an integral part of these financial statements























































         62  HONEYWELL FLOUR MILLS  |  ANNUAL REPORT  |  2021                         World of Possibilities
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