LVL Energy Fund Income Statement

Financials in millions LKR. Fiscal year is April - March.

Millions LKR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	423.72	436.98	419.18	280.87	428.14	336.99
Other Revenue	100.03	100.03	67.19	19.84	10	13.36
Revenue	523.75	537.01	486.37	300.71	438.14	350.36
Revenue Growth (YoY)	-2.60%	10.41%	61.74%	-31.37%	25.05%	1.46%
Selling, General & Admin	-0.01	0.16	0.03	0.8	8.89	8.26
Other Operating Expenses	344.72	274.54	267.75	218.54	157.84	133.45
Total Operating Expenses	344.71	274.7	267.78	219.34	166.73	141.72
Operating Income	179.04	262.31	218.59	81.37	271.41	208.64
Interest Expense	-318.83	-351.25	-482.79	-697.23	-285.1	-249.56
Net Interest Expense	-330.56	-351.25	-482.79	-697.23	-285.1	-249.56
Income (Loss) on Equity Investments	797.7	822.34	256.45	444.37	900	774.76
Currency Exchange Gain (Loss)	-	-	-	-	8.37	3.72
Other Non-Operating Income (Expenses)	-2.48	-2.48	-3.96	0	0	-
EBT Excluding Unusual Items	643.71	730.92	-11.71	-171.49	894.69	737.56
Pretax Income	643.71	730.92	-11.71	-171.49	894.69	737.56
Income Tax Expense	105.52	120.77	53.96	147.21	170.41	49.02
Earnings From Continuing Ops.	538.19	610.15	-65.67	-318.7	724.28	688.54
Minority Interest in Earnings	-39.18	-46.53	-30.96	56.02	-66.6	-55.31
Net Income	499.02	563.62	-96.63	-262.68	657.68	633.23
Net Income to Common	499.02	563.62	-96.63	-262.68	657.68	633.23
Net Income Growth	-12.49%	-	-	-	3.86%	68.96%
Shares Outstanding (Basic)	703	681	582	582	582	582
Shares Outstanding (Diluted)	703	681	582	582	582	582
Shares Change (YoY)	4.75%	17.04%	-	-	-	-
EPS (Basic)	0.71	0.83	-0.17	-0.45	1.13	1.09
EPS (Diluted)	0.71	0.83	-0.17	-0.45	1.13	1.09
EPS Growth	-16.46%	-	-	-	3.86%	68.96%
Free Cash Flow	1.36	-97.96	-43.57	270.19	-442.81	-145.66
Free Cash Flow Per Share	0.00	-0.14	-0.07	0.46	-0.76	-0.25
Dividend Per Share	-	-	-	-	-	0.350
Profit Margin	95.28%	104.95%	-19.87%	-87.35%	150.11%	180.74%
Free Cash Flow Margin	0.26%	-18.24%	-8.96%	89.85%	-101.07%	-41.58%
EBITDA	259.72	343.01	301.24	163.64	321.28	253.77
EBITDA Margin	49.59%	63.88%	61.93%	54.42%	73.33%	72.43%
D&A For EBITDA	80.68	80.71	82.64	82.27	49.87	45.13
EBIT	179.04	262.31	218.59	81.37	271.41	208.64
EBIT Margin	34.18%	48.85%	44.94%	27.06%	61.95%	59.55%
Effective Tax Rate	16.39%	16.52%	-	-	19.05%	6.65%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.