Swarnamahal Financial Services PLC I Annual Report 2011/12 FINANCIAL SERVICES PLC Together in No 654, Galle Road, Colombo 03, Sri Lanka. Swarnamahal Financial Services PLC Tel.011 2556160-4, 2595061 Fax: 011 2589823, 2595062 Annual Report 2011/12 E-mail:
[email protected] Web.www.sfs.lk Growth Contents ABOUT US CORPORATE INFORMATION Swarnamahal Financial Services PLC is a Public Limited Liability Company Incorporated in Sri Lanka 14th January 2004, under the Companies Name of the Company VAT Registration No. Financial Highlights 2 Act No.17 of 1982, and re-registered 16th September 2008 under the Swarnamahal Financial Services PLC 114363510 – 7000 Chairman’s Message 4 Companies Act No.7 of 2007. The Company is licensed by the Monetary Director/Chief Executive Officer’s Message 8 Board of Directors 11 Board of the Central Bank of Sri Lanka under the Finance Business Act Legal Form Credit Ratings Senior Management Team 16 No.42 of 2011. A Public limited liability Company incorporated 14th January BB+/NP RAM Ratings (Lanka) Limited Management Discussion and Analysis 18 2004, under the Companies Act No.17 of 1982 and Financial Review 22 re-registered 16th September 2008 under the Companies Act Number of employees Sustainability Report 27 VISION No.7 of 2007, registered as a finance Company under the 207 Risk Management 32 To be the Premier Financial Services Provider in LFC market. Finance Business Act No. 42 of 2011 by the Monetary Board of Corporate Governance 37 Annual Report of the Board of Directors the Central Bank of Sri Lanka. Company Secretary on the Affairs of the Company 63 MISSION SSP Corporate Services (Pvt) Ltd Directors’ Statement on Internal Control 69 To create superior long - term value to our shareholders, customers and Registered Office No.