ASTR Audited Results For The Twelve Months Ended 31 Aug 13

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ASTRAINDUSTRIES LIMITED

F0R ThE 12 H0NTh8 EN0E0 31 AUCU8T 2013


CR0UP AU0|TE0 RE8ULT8
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60N80L|0ATE0 8TATEHENT 0F 6hANCE8 |N 8hAREh0L0ER8' E0U|TY F0R ThE 12 H0NTh8 EN0E0 31 AUCU8T 2013
Propert|es 8hare Non-
8hare 8hare reva|uat|on opt|ons Reta|ned contro|||ng Tota|
cap|ta| prem|um reserve reserve earn|ngs Tota| |nterests equ|ty
U8$ U8$ U8$ U8$ U8$ U8$ U8$ U8$
a|ance as at 31 August 2011 1,397,291 6,255,100 2,550,777 61,855 1,640,968 11,905,991 81,943 11,987,934
Tola| corpre|ers|ve |rcore lor l|e year - - 1Z8,5Z - 1,153,132 1,31,99 3Z,111 1,9,113
0|v|derds pa|d lo ouls|de s|are|o|ders - - - - - - (5,ZZ) (5,ZZ)
Recogr|l|or ol s|are oased payrerls - - - 15,158 - 15,158 - 15,158
a|ance as at 31 August 2012 1,397,291 6,255,100 2,729,344 77,013 3,094,100 13,552,848 113,581 13,666,429
Tola| corpre|ers|ve |rcore lor l|e year - - - - 1,15Z,2 1,15Z,2 5,122 1,12,Z81
3|are opl|ors exerc|sed 2,50 11,129 - (Z,929) - ,150 - ,150
0|v|derds pa|d lo ouls|de s|are|o|ders - - - - - - (,32Z) (,32Z)
0|v|derds pa|d lo oWrers ol l|e corpary - - - - (251,509) (251,509) - (251,509)
a|ance as at 31 August 2013 1,399,941 6,266,529 2,729,344 69,084 4,000,253 14,465,151 112,376 14,577,527
6hA|RHAN'8 8TATEHENT
Cenera|
Performance
0perat|ons
Pa|nts
6hem|ca|s
Hajor 8hareho|der's 0|sposa| of 8hares |nthe 6ompany
0|rectorsh|p6hanges
F|nanc|a| Year End6hange
0|v|dend0ec|arat|on
0ut|ook
Y 0R0ER 0FThE 0AR0
T|e racro-ecoror|c c|a||erges exper|erced |r prev|ous years pers|sled l||s per|od, ard Were lurl|er aggravaled oy l|e locus or e|ecl|ors resu|l|rg |r l|e per|od
urder rev|eW oe|rg c|aracler|sed oy s|gr|l|carl s|oWdoWr |r ous|ress courlryW|de.
3a|es vo|ures greW oy Z. 0ross rarg|rs, |oWever, care urder pressure reduc|rg lror 35 lo 33 due lo |rcreased corpel|l|or ard r|s|rg |rpul cosls,
parl|cu|ar|y |r l|e C|er|ca|s ous|ress. 0peral|rg prol|l al S1.5 r||||or Was regal|ve|y |rpacled oy |rcreased se|||rg ard adr|r|slral|ve experses parl|cu|ar|y Wages,
ard Was 29doWr lror |asl year. loWever, l|e drop |r prol|l aller lax Was ||r|led lo 22|oWer l|ar |asl year as a resu|l ol reduced l|rarce cosls. 0|ver l|e d|ll|cu|l
racro-ecoror|c erv|rorrerl l||s perlorrarce |s reverl|e|ess acceplao|e.
3a|es vo|ures dec||red oy 5 corpared lo |asl year pr|rar||y oW|rg lo l|e lacl l|al a ruroer ol corslrucl|or projecls Were pul or |o|d due lo l|e e|ecl|ors.
Corpel|l|or lor l|e ava||ao|e sra|| rar|el Was |rlerse lror |oca| producers ard |rporls. 0ross prol|l rarg|rs Were ra|rla|red al l|e sare |eve| as |asl year.
3a|es vo|ures greW oy 9oul al reduced rarg|rs. 0esp|le l|e groWl| |r vo|ures, l|ey Were sl||| oe|oW acceplao|e |eve|s due lo s|oW recovery ol l|e rarulaclur|rg
seclor ard ||qu|d|ly c|a||erges |r l|e ecorory.
lr Ju|y 2013, F|rarce Trusl ol Z|roaoWe d|sposed ol l|e|r erl|re sla|e ol 3.25|r Aslra lrduslr|es L|r|led. T|ese s|ares are roW |e|d oy Karsa| P|ascor Alr|ca
L|r|led (38.25) ard ler|slar lrveslrerls (Pr|vale) L|r|led (25). ler|slar lrveslrerls (Pr|vale) L|r|led |s ar |rveslrerl corpary oWred 51 oy Aslra
lrduslr|es L|r|led raragererl ard slall ard 19oy Karsa| P|ascor Alr|ca L|r|led.
T|e rardalory oller lo r|ror|l|es W||| oe rade oy 18 Ju|y 2011.
Corpel|l|or ard Tar|ll Corr|ss|or as We|| as l|ra| lrd|ger|sal|or approva|s are arl|c|paled s|orl|y.
As a resu|l ol l|e c|arges |r rajor s|are|o|ders, l|e 8oard ol 0|reclors Was recorsl|luled or l|e 25l| ol Ju|y 2013 as lo||oWs:
Vessrs E.J. 0av|es T.V. Jo|rsor ard v.w. Z|reva, Prolessor R. Vurapa ard Vrs A.R. C||raro res|gred lror l|e 8oard. 0r. C.V.8. ulele ard Vr. l. N|a|a
rera|red as d|reclors. VessrsA.8.C. C||ra|e, E. Vo|ared ard 0.A. T|oras Were appo|rled lo l|e 8oard.
T|e |rcor|rg 8oard |s gralelu| lor l|e sleWards||p ard |eaders||p s|oWr oy l|e lorrer 8oard C|a|rrar, 0r. C.V.8. ulele, ard ||s lear ard W|s|es l|er a|| l|e oesl
|r l|e lulure.
Vr. A.8.C. C||ra|e Was appo|rled 8oard C|a|rrar.

Posl l|e rajor s|are|o|ders c|arges, l|e 0roup soug|l approva| lo c|arge |ls year erd. T|e Z|roaoWe 3loc| Exc|arge ard Z|roaoWe Reverue Aul|or|ly
approved l|e c|arge ol year erd lo 0eceroer. T|e 0roup W||| l|erelore rur a 1 rorl| l|rarc|a| per|od lo 31 0eceroer 2013.
0|ver l|e ||qu|d|ly c|a||erges ard l|e 0roup's Wor||rg cap|la| reeds, l|e 0|reclors reso|ved rol lo dec|are a d|v|derd.
T|e ecorory ray exper|erce sore recovery posl e|ecl|ors. T|e slraleg|c a|||arce W|l| Karsa| P|ascor, W|o roW |ave a s|gr|l|carl sla|e |r l|e ous|ress, ollers
opporlur|l|es |r lerrs ol |rlroduc|rg l|e P|ascor l|ags||p producls, deve|op|rg exporl rar|els ard operal|ora| syrerg|es |r l|e pa|rls ous|ress. lr add|l|or lo
exp|o|l|rg l|ese opporlur|l|es, l|e 0roup W||| corl|rue lo locus or cosl corla|rrerl ard ell|c|erl Wor||rg cap|la| raragererl lo creale va|ue lor |ls s|are|o|ders.
Astra ho|d|ngs L|m|ted8ecretar|es Reg|stered0ff|ce
19 Noveroer 2013 Aslra Pa|rls,
11 8urr|ey Road, wor||rglor
P.0. 8ox l0300, l|g||ards
larare
0|rectors:
A.8.C C||ra|e (C|a|rrar), 0r. C.V.8 ulele, l. N|a|a, V. Vaz|roe (Varag|rg 0|reclor), E. Vo|ared, 0.AT|oras, l.V N|erde
Execul|ve
N0TE8 T0ThE AU0|TE0 RE8ULT8
1 8tatement of account|ngpo||cy

2 6urrency of report|ng
3 Non-current assets c|ass|f|edas he|dfor sa|e
31-Aug-13 31-Aug-12
U8$ U8$
4 8upp|ementary |nformat|on
12 months 12 months
ended ended
31-Aug-13 31-Aug-12
U8$ U8$
4.1 Adjustment for non-cash|tems
4.2 6omm|tments for cap|ta| expend|ture author|sedbut not contracted
T|e l|rarc|a| resu|ls are |r corp||arce W|l| lrlerral|ora| F|rarc|a| Reporl|rg 3lardards (lFR3) ard l|e Z|roaoWear Corpar|es Acl, C|apler (21:03} as
arerded ard l|e accourl|rg po||c|es are cors|slerl W|l| l|ose app||ed |r l|e pr|or year.
T|ese l|rarc|a| resu|ls s|ou|d oe read |r corjurcl|or W|l| l|e corp|ele sel ol l|rarc|a| slalererls lor l|e 12 rorl|s erded 31 Augusl 2013, W||c| |ave
oeer aud|led oy 0e|o|lle & Touc|e ard ar urrod|l|ed aud|l op|r|or |ssued l|ere|r. T|e aud|lors' reporl or l|ese l|rarc|a| slalererls |s ava||ao|e lor
|rspecl|or al l|e Corpary's reg|slered oll|ce.
T|e l|rarc|a| slalererls Were preserled |r ur|led 3lales do||ars W||c| |s l|e lurcl|ora| currercy ol l|e 0roup.
Volor ve||c|e, corpulers ard equ|prerl 200 200
200 200
T|e properly, p|arl ard equ|prerl lror l|e d|scorl|rued Aslra 3lee| 0|v|s|or Were so|d |r Apr|| 2012, excepl lor a 30 lorrer lra||er W||c| W||| oe so|d |r l|e
2011 l|rarc|a| year.
0eprec|al|or ol properly, p|arl ard equ|prerl c|arged lo accourls 09,531 528,993
lrpa|rrerl ol properly, p|arl ard equ|prerl c|arged lo accourls - 13,029
8ad deols recovered (103,13) -
Fa|r va|ue ga|r or |rveslrerl properl|es (9,000) (230,000)
3|are-oased payrerl experse - 15,158
Prol|l or d|sposa| ol properly, p|arl ard equ|prerl (3,5Z9) (22,301)
Reversa| ol |rpa|rrerl |oss/(|rpa|rrerl |oss) or lrade rece|vao|es 8,81 (105,Z3)
Loss or d|sposa| ol ror-currerl assels c|ass|l|ed as |e|d lor sa|e - 31,852
0|v|derds payao|e lo ror-corlro|||rg s|are|o|ders - (5,ZZ)
urrea||sed exc|arge (ga|rs)/|osses (5Z,220) 55,95
(0ecrease)/|rcrease |r prov|s|ors (2,293) 9,0Z
100,8Z 323,521
Z23,ZZ1 1,21,58
F|NAN6|AL h|ChL|ChT8 12 months 12 months
ended ended
31-Aug-13 31-Aug-12
Notes U8$ U8$
Revenue
8TATEHENT 0F 60HPREhEN8|VE |N60HE F0R ThE 12 H0NTh8 EN0E0 31-Aug-13 31-Aug-12
U8$ U8$
Revenue
0perat|ng prof|t
Prof|t before taxat|on
Prof|t for the year attr|butab|e to:
0ThER 60HPREhEN8|VE |N60HE
Tota| comprehens|ve |ncome for the per|od
Tota| comprehens|ve |ncome attr|butab|e to:
60N80L|0ATE0 8TATEHENT 0F F|NAN6|AL P08|T|0N A8 AT 31-Aug-13 31-Aug-12
U8$ U8$
A88ET8
6urrent assets
Tota| current assets
Tota| assets
E0U|TY & L|AL|T|E8
6ap|ta| and reserves
Tota| equ|ty
Non-current ||ab|||t|es
6urrent ||ab|||t|es
Tota| current ||ab|||t|es
Tota| ||ab|||t|es
Tota| equ|ty & ||ab|||t|es
60N80L|0ATE0 8TATEHENT 0F 6A8h FL0w8 F0R ThE 12 H0NTh8 EN0E0 31-Aug-13 31-Aug-12
U8$ U8$
6ash f|ows from operat|ng act|v|t|es
6ash generated from operat|ons
Net cash generated by operat|ng act|v|t|es
6ash used |n |nvest|ng act|v|t|es
Net cash used |n |nvest|ng act|v|t|es
6ash f|ows from f|nanc|ng act|v|t|es
Net cash used |n f|nanc|ng act|v|t|es
(0ecrease}||ncrease |n cash and cash equ|va|ents
6ash and cash equ|va|ents at the beg|nn|ng of the per|od
6ash and cash equ|va|ents at the end of the per|od
28,0Z9,Z9 2Z,18,10
0peral|rg prol|l 1,51Z,50 2,118,2Z
Prol|l allr|oulao|e lo s|are|o|ders ol l|e Corpary 1,15Z,2 1,153,132
we|g|led average ruroer ol s|ares |r |ssue 139,811,99 139,Z29,13
8as|c earr|rgs per s|are- (cerls) 0.83 1.01
0||uled earr|rgs per s|are - (cerls) 0.81 1.02
28,0Z9,Z9 2Z,18,10
1,51Z,50 2,118,2Z
F|rarce |rcore 95,Z90 10,058
F|rarce cosls (101,1Z5) (188,Z10)
1,509,121 1,999,915
lrcore lax experse (31,33Z) (509,399)
Prol|l lor l|e per|od 1,12,Z81 1,190,51
0Wrers ol l|e Corpary 1,15Z,2 1,153,132
Nor-corlro|||rg |rleresls 5,122 3Z,111
1,12,Z81 1,190,51
Tax ellecl ol c|arge |r rarrer ol recovery ol |rveslrerl properly - ,512
0a|r or reva|ual|or ol properly, p|arl ard equ|prerl - 11Z,921
0elerred lax ellecl or reva|ual|or ga|r - (5,89)
Tola| ol|er corpre|ers|ve |rcore lor l|e per|od - 1Z8,5Z
1,12,Z81 1,9,113
0Wrers ol l|e Corpary 1,15Z,2 1,31,99
Nor-corlro|||rg |rleresls 5,122 3Z,111
1,12,Z81 1,9,113

Nor-currerl assels
Properly, p|arl ard equ|prerl Z,088,Z3 ,81,219
lrveslrerl properly 1,029,000 3,90,000
le|d-lo-ralur|ly |rveslrerl 103,13 -
11,221,109 10,ZZ,219

lrverlor|es 1,Z01,128 1,ZZ,511
Trade ard ol|er rece|vao|es 3,921,2Z0 3,85,591
Cas| ard cas| equ|va|erls Z3,00Z 9Z,3
9,388,105 9,120,ZZ1
Assels c|ass|l|ed as |e|d lor sa|e 3 200 200
9,388,05 9,120,9Z1
20,09,Z11 20,19Z,220
Allr|oulao|e lo s|are|o|ders ol l|e Corpary 11,15,151 13,552,818
0uls|de s|are|o|ders |rleresl 112,3Z 113,581
11,5ZZ,52Z 13,,129
0elerred lax 1,315,Z11 1,358,Z28
3|orl-lerr oorroW|rgs 250,000 925,000
Trade ard ol|er payao|es 3,3Z,89 3,330,Z2
Prov|s|ors Z98,353 800,1
Currerl lax ||ao|||l|es 30,101 115,55
1,Z1,11 5,1Z2,03
,032,18Z ,530,Z91
20,09,Z11 20,19Z,220
0peral|rg prol|l lor l|e per|od 1,51Z,50 2,118,2Z
Adjuslrerl lor ror-cas| |lers 1.1 100,8Z 323,521
lrcrease |r Wor||rg cap|la| 105,023 233,Z11
2,023,39 2,Z05,82
F|rarce |rcore 95,Z90 10,058
F|rarce cosls (101,1Z5) (188,Z10)
lrcore laxes pa|d (1Z1,5Z5) (5Z2,118)
1,510,13 1,981,Z2
Proceeds lror d|sposa| ol properly, p|arl ard equ|prerl 123,22 39,188
Proceeds lror d|sposa| ol ror-currerl assels |e|d lor sa|e - 10,011
Purc|ase ol properly, p|arl ard equ|prerl (911,11) (1,03,310)
(818,3Z9) (91Z,811)
Proceeds lror |ssue ol reW s|ares ,150 -
Proceeds lror s|orl-lerr oorroW|rgs 5Z5,000 1,00,000
Repayrerls ol s|orl-lerr oorroW|rgs (1,250,000) (1,911,19)
0|v|derds pa|d lo ouls|de s|are|o|ders (,32Z) -
0|v|derds pa|d lo oWrers ol l|e Corpary (251,509) -
(92,8) (311,19)
(201,29) Z52,332
9Z,3 215,301
Z3,00Z 9Z,3

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