Sbma financial report nov 2014 2013

SBMA Financial Report 30 November 2014 & 2013

SBMA Financial Report

BALANCE SHEET (November 30, 2014 & 2013) 2014

2013

ASSETS Current Assets Cash Receivables (net) Inventories Miscellaneous Assets

2,512,916,510

954,908,326

237,106,501 107,251,580 11,074,626

322,824,738 110,662,917 9,584,012

Total Current Assets

2,868,349,217

1,397,979,993

245,531,873 301,381,268

393,165,582 893,530,597

25,008,972,847

25,444,372,887

100,985,757

56,448,068

25,656,871,746

26,787,517,134

28,525,220,963

28,185,497,127

Non-Current Assets Investments Receivables (net) Property, Plant and Equipment (net) Other Assets Total Non-Current Assets

TOTAL ASSETS S

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SBMA Financial Report

BALANCE SHEET (November 30, 2014 & 2013) LIABILITIES Current Liabilities

2014

2013

Payables & Accrued Expense

116,418,654

136,155,859

Loans Payable

307,264,070

556,043,903

Accrued Interest

22,760,270

25,598,217

Deferred Credits to Income- Cash

54,381,937

57,610,863

39,460

251,174

Security Deposits & Advance Rental

191,049,777

182,987,517

Trust Liabilities

309,726,146

219,941,811

1,001,640,313

1,178,589,345

Deferred Credits to Income- Non Cash Dividend Payable

Total Current Liabilities

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SBMA Financial Report

BALANCE SHEET (November 30, 2014 & 2013) Non-Current Liabilities

2014

2013

Other Payables

152,528,165

160,983,164

Loans Payable - net of current portion

6,291,935,094

6,543,578,901

Deferred Credits to Income- Cash

2,663,197,849

2,603,145,960

Deferred Credits to Income- Non Cash

307,975,599

287,247,912

Security Deposits

499,020,426

465,601,950

9,914,657,132

10,060,557,887

TOTAL LIABILITIES

10,916,297,446

11,239,147,232

STOCKHOLDERS' EQUITY

17,608,923,517

16,946,349,895

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

28,525,220,963

28,185,497,127

Payables & Accrued Expense

Total Non-Current Liabilities

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SBMA Financial Report

INCOME STATEMENT (November 30, 2014 & 2013) REVENUES

2014

Leases

2013

1,160,229,591

1,070,746,800

682,880,233

407,844,176

13,216,127

10,749,932

Other Operating Income

381,780,386

361,237,602

TOTAL REVENUES

2,238,106,338

1,850,578,510

266,367,799

280,140,704

672,685,697

693,435,088

939,053,496

973,575,792

Port Services Tourism Services

EXPENSES Manpower Services - PS Maintenance and Other Operating Expenses TOTAL EXPENDITURES

INCOME (LOSS) FROM OPERATIONS

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SBMA Financial Report

INCOME STATEMENT (November 30, 2014 & 2013) OTHER INCOME (EXPENSES)

2014

Interest Income

2013

65,736,943

42,027,191

Interest on Loans

(79,057,505)

(89,353,344)

Guarantee Fee and Other Charges

(48,469,401)

(61,303,620)

1,237,262,879

768,372,945

(419,097,998)

(433,099,207)

677,155,179

771,506,312

1,495,320,060

1,106,780,051

42,386,336

27,914,509

1,452,933,723

1,078,865,541

INCOME (LOSS) FROM OPERATIONS BEFORE DEPRECIATION, FOREX

LOSS/GAIN & TAX Depreciation Expense Gain (Loss) on Foreign Exchange INCOME (LOSS) BEFORE INCOME TAX INCOME TAX

NET LOSS

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SBMA Financial Report

STATEMENT OF CASH FLOWS (Nov. 30, 2014 & 2013) 2014

2013

Cash Flows From Operating Activities: Cash inflows Cash outflows Net cash from (used in) operating activities

2,795,001,412 (1,365,378,656) 1,429,622,756

1,990,681,233 (1,137,865,849) 852,815,385

Cash Flows From Investing Activities: Cash inflows Cash outflows Net cash from (used in) investing activities

196,873,448 (23,103,866) 173,769,582

47,894,964 (1,263,355) 46,631,609

Cash Flows From Financing Activities: Cash inflows Cash outflows Net cash from (used in) financing activities

794,441,489 (1,015,579,346) (221,137,858)

0 (671,662,261) (671,662,261)

(22,137,172)

(3,748,132)

Net (Decrease) Increase in Cash

1,360,117,308

224,036,601

Cash at Beginning of Year Cash at End of Year

1,152,799,203

730,871,725

2,512,916,510

954,908,326

Effect of Exchange Rate Changes on Cash

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