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RESULTS of PARLIAMENTARY GENERAL ELECTION - May 27, 1970 No of No of Total No
RESULTS OF PARLIAMENTARY GENERAL ELECTION - May 27, 1970 No of No of Total No. of Votes No of No. and Name of Electoral District Name of the Elected Candidate Symbol allotted Votes Votes Polled including Registered Polled rejected rejected Electors 1 Colombo North V.A. Sugathadasa Elephant 20,930 97 44,511 Harris Wickremetunge Chair 13,783 W.I.A. Corsby Fernando Ship 164 A.S. Jayamaha Cockerel 97 2 Colombo Central R. Premadasa Elephant 69,310 5,491 240,597 99,265 Falil Caffoor Chair 63,624 Pieter Keuneman Star 58,557 M. Haleem Ishak Hand 41,716 C. Durairajah Umbrella 783 M. Haroun Careem Bell 413 Poopathy Saravanamuttu Ship 396 Panangadan Raman Krishnan Pair of Scales 307 3 Borella Kusala Abhayawardana (Mrs.) Key 16,421 50 32,810 42,849 M.H. Mohamed Elephant 15,829 M.A. Mansoor Pair of Scales 510 4 Colombo South J.R. Jayawardena Elephant 57,609 1,134 97,928 66,136 Bernard Soysa Key 36,783 Ratnasabapathy Wijaya Indra Eye 1,166 Ariyadasa Peiris Bell 561 A.S. Jayamaha Cockerel 241 Mudalige Justin Perera Flower 165 Joseph Beling Chair 164 Yathiendradasa Manampery Pair of Scales 105 5 Wattala A.D.J.L. Leo Hand 21,856 106 41,629 48,875 D. Shelton Jayasinghe Elephant 19,667 6 Negombo Denzil Fernando Elephant 20,457 132 36,509 44,284 Justin Fernando Hand 15,920 RESULTS OF PARLIAMENTARY GENERAL ELECTION - May 27, 1970 No of No of Total No. of Votes No of No. and Name of Electoral District Name of the Elected Candidate Symbol allotted Votes Votes Polled including Registered Polled rejected rejected Electors 7 Katana K.C. -
Annual Report 2012/2013
THE PURSUIT OF EXCELLENCE One hundred years of passion, hard work and perseverance have brought to where we are today: a highly respected, fast growing blue chip conglomerate with interests in several key growth industry sectors: beverages, telecommunications, plantations, hotels, textiles, finance, insurance, power genaration, media and logistics. And yet, we will not rest. Our story is far from over. Indeed, it has only just begun. Look to us for even greater achievements as we step into the next century of our lifetime, to build further upon our current successes. DCSL. 100 years in the passionate pursuit of excellence. Distilleries Company of Sri Lanka PLC | Annual Report 2012/13 1 Financial Highlights 2013 2012 2013 2012 Group Group Company Company Summary of Results Gross Turnover Rs Mn 65,790 63,125 51,549 49,136 Excise Duty Rs Mn 37,024 36,150 34,088 33,860 Net Turnover Rs Mn 28,766 26,975 17,461 15,276 Profit After Tax Rs Mn 5,258 6,052 6,873 4,297 Shareholders Funds Rs Mn 47,978 41,576 39,155 32,597 Working Capital Rs Mn (1,298) (3,234) (6,139) (21,374) Total Assets Rs Mn 78,245 73,355 55,942 62,563 Staff Cost Rs Mn 3,194 3,155 1,039 1,080 No. of Employees 18,674 18,158 1,343 1,389 Per Share Basic Earnings* Rs. 17.13 18.45 10.68 11.85 Net Assets Rs. 159.93 138.59 130.52 108.66 Dividends Rs. 3.00 3.00 3.00 3.00 Market Price - High Rs. -
TEEJAY LANKA PLC - ANNUAL REPORT 2017/18 Scan the QR Code with Your Smart Device to View This Report Online
POISED FOR THE FUTURE TEEJAY LANKA PLC - ANNUAL REPORT 2017/18 Scan the QR Code with your smart device to view this report online. www.teejay.com Teejay Lanka is an aggressively expanding company that has grown to have DVLJQL½FDQWLPSDFWRQWKHORFDOIDEULFPDQXIDFWXULQJLQGXVWU\2YHUWKH \HDUVWKH&RPSDQ\KDVEHFRPHDEHQFKPDUNRITXDOLW\DQGYDOXHZKLOH WKHFKDUDFWHULVWLFVRILQWHJULW\DQGVXVWDLQDELOLW\WKDWOLHDWWKHKHDUWRIRXU VWUDWHJLHVFRQWLQXHWRVHUYHXVZHOOLQWKHIDVWFKDQJLQJEXVLQHVVHQYLURQPHQW ZHZRUNZLWKLQWRGD\ 7KHGLI½FXOWLHVZHIDFHGGXULQJWKHSUHYLRXV\HDUFRQWLQXHWRLPSDFWRXUERWWRP OLQHDVWKH½QDQFLDOUHVXOWVLQWKLVUHSRUWZLOOVKRZ<HW\RXUFRPSDQ\UHPDLQV VWURQJDQGIRFXVHGRQDVWUDWHJ\RIFRQVROLGDWLRQGHVLJQHGWRGHOLYHUVWDELOLW\ DQGJURZWKRYHUWKHORQJWHUP:HDUHDOVRJRLQJDKHDGZLWKRXUH[LVWLQJSODQV IRUH[SDQVLRQZLWKRQJRLQJLQYHVWPHQWVLQWRWHFKQRORJ\WDOHQWDFTXLVLWLRQDQG LQFUHDVLQJFDSDFLW\ 7KLVLVKRZZHSODQWRUHDOL]HRXUYLVLRQWREHWKHUHJLRQµVOHDGLQJPDQXIDFWXUHU IRUZHIWNQLWIDEULFVROXWLRQVDVZHJRVWHDGLO\IRUZDUGSURJUHVVLYHDPELWLRXV DQGSRLVHGIRUWKHIXWXUH Content Our Philosophy and Direction 3 MANAGEMENT DISCUSSION FINANCIAL STATEMENTS Milestones 4 & ANALYSIS 21 Statement of the Directors’ Financial Highlights 6 Overview 22 Responsibility for Financial Reporting 68 Chairman’s Message 8 Financial Capital 28 Independent Auditor’s Report 69 CEO’s Message 10 Manufactured Capital 32 Income Statement 72 Board of Directors 12 Human Capital 33 Statement of Comprehensive Income 73 Executive Committee 15 Intellectual Capital 41 Statement of Financial Position 74 Group Leadership Team 16 Social & Relationship Capital -
Acuity Stockbrokers Research | Sri Lanka Equities
ACUITY STOCKBROKERS RESEARCH | SRI LANKA EQUITIES Weekly Market Review 22 May 2020 ASPI Gains 361 Points amid Heavy Local Buying Indices vs. Turnover (18th May – 22nd May) Interest… S&P Downgrades Credit Rating to 'B- Stable' 5,000 ASPI 2,300 ASPI ^ 8.13% | S&P SL20 ^ 15.89% S&P SL20 4,900 2,200 S&P SL20 S&P 4,800 2,100 ASPI The Bourse ended the week… Cont. P2 4,700 2,000 4,600 1,900 Foreign investors closed the week... Cont. P3 4,500 1,800 18-Mar19-Mar20-Mar21-Mar22-Mar 2.50 Sri Lankan equities reversed ….… Cont. P4 2.00 1.50 1.00 LKR Bn) LKR (Turnover 0.50 Economic Snapshot………… P5 0.00 18-Mar 19-Mar 20-Mar 21-Mar 22-Mar KEY STATISTICS Week ending 22-May 15-May +/- ASPI 4,799.89 4,439.04 8.13% S&P SL20 2,034.38 1,755.51 15.89% Banks 507.01 435.44 16.44% Capital Goods 613.52 528.92 15.99% Food, Beverage & Tobacco 704.89 667.23 5.64% Consumer Durables & Apparel 649.76 583.51 11.35% Materials 514.33 483.50 6.38% Diversified Financials 711.04 654.33 8.67% Turnover (LKR Bn) 8.05 9.61 -16.24% Foreign Buying (LKR Mn) 593.11 1,588.91 -62.67% Foreign Selling (LKR Mn) 3,996.15 5,098.28 -21.62% Daily Average Turnover (LKR Bn) 1.61 1.92 -16.24% Daily Average Foreign Buying (LKR Mn) 118.62 317.78 -62.67% Daily Average Foreign Selling (LKR Mn) 799.23 1,019.66 -21.62% TOP 10 GAINERS TOP 10 LOSERS Opening Closing WoW % Opening Closing WoW % Company Code Company Code Price Price Change Price Price Change TEA SMALLHOLDER TSMLN 20.0 32.5 62.5% INDUSTRIAL ASPH.* ASPHNN 388.4 0.2 -99.9% BROWNS INVSTMNTS BIL N 2.1 3.2 52.4% BLUE DIAMONDS[NV] BLUEX 0.3 0.2 -
Making Strides
Teejay Lanka PLC - Annual Report 2018/19 - Annual Report PLC Lanka Teejay MAKING STRIDES Teejay Lanka PLC Block D8-D14, Seethawaka Export Processing Zone Avissawella, Sri Lanka www.teejay.com TEEJAY LANKA PLC - ANNUAL REPORT 2018/19 CORPORATE INFORMATION Name Auditors Teejay Lanka PLC PricewaterhouseCoopers, Chartered Accountants Legal Form A public quoted Company with limited Attorneys liability, incorporated on 12 July 2000. F J & G de Saram Attorneys-at-Law Company Registration No. 216, de Saram Place, PV 7617 PB/PQ Colombo 10. Sri Lanka Stock Exchange Listing The issued Ordinary Shares of the Bankers Company was listed on the Main Board Bank of Ceylon of the Colombo Stock Exchange of Commercial Bank of Ceylon PLC Sri Lanka on 9 August 2011. The Hongkong and Shanghai Banking Corporation Limited Registered Office Block D8 – D14, Seethawaka Standard Chartered Bank Export Processing Zone, People’s Bank Avissawella Deutsche Bank AG DFCC Bank PLC Directors Mr. Wing Tak Bill Lam – Chairman Investor Relations Mr. Mohamed Ashroff Omar Shrihan Perera Mr. Hasitha Premaratne Salman Nishtar Mr. Amitha Lal Gooneratne Teejay Lanka PLC Prof. Malik Kumar Ranasinghe Mr. Wai Loi Wan Mr. Kit Vai Tou Secretaries Corporate Services (Private) Limited 216, de Saram Place, Colombo 10. Sri Lanka. Scan the QR Code with your smart device to view this report online Our Annual Report is also available Designed & produced by online. Please visit our website at www.teejay.com to access the Digital Plates & Printing by Printage (Pvt) Ltd report MAKING STRIDES 18 years ago our journey began with the bold ambition to become the region’s preferred fabric solutions provider for branded clothing. -
Acuity Stockbrokers Research | Sri Lanka Equities
ACUITY STOCKBROKERS RESEARCH | SRI LANKA EQUITIES Weekly Market Review 09 Nov 2018 th th Political Uncertainty Dominates Sentiment … Indices vs. Turnover (05 Nov – 09 Nov) Foreign Outflows from Capital Markets Continue 6,300 3,500 ASPI Increases 6,200 S&P SL20 3,400 S&P SL20 S&P ASPI ˅ 1.86% | S&P SL20 ˅ 3.56% 6,100 3,300 ASPI 6,000 3,200 The Bourse ended the week… Cont. P2 5,900 3,100 5,800 3,000 05-Nov 07-Nov 08-Nov 09-Nov Foreign investors closed the week... Cont. P3 5.00 4.00 3.00 Domestic political uncertainty ….… Cont. P4 2.00 LKR Bn) LKR (Turnover 1.00 0.00 Economic Snapshot………… P5 05-Nov 07-Nov 08-Nov 09-Nov KEY STATISTICS Week ending 09-Nov 02-Nov +/- ASPI 5,978.63 6,092.21 -1.86% S&P SL20 3,094.21 3,208.43 -3.56% Banking & Finance 15,807.90 16,242.78 -2.68% Food & Beverage 24,413.03 24,368.96 0.18% Diversified 1,537.10 1,591.90 -3.44% Hotel & Travel 2,644.00 2,677.50 -1.25% Plantations 744.24 749.11 -0.65% Manufacturing 2,874.97 2,963.05 -2.97% Turnover (LKR Bn) 7.80 9.92 -21.33% Foreign Buying (LKR Mn) 1,450.20 2,656.24 -45.40% Foreign Selling (LKR Mn) 5,370.52 6,519.96 -17.63% Daily Average Turnover (LKR Bn) 1.95 1.98 -1.66% Daily Average Foreign Buying (LKR Mn) 362.55 531.25 -31.76% Daily Average Foreign Selling (LKR Mn) 1,342.63 1,303.99 2.96% TOP 10 GAINERS TOP 10 LOSERS Opening Closing WoW % Opening Closing WoW % Company Code Company Code Price Price Change Price Price Change ADAM INVESTMENTS AINVN 0.1 0.2 100.0% EDEN HOTEL LANKA EDENN 14.5 12.1 -16.6% S M B LEASING SEMBN 0.4 0.5 25.0% SOFTLOGIC FIN CRL N 29.9 25.0 -16.4% SOFTLOGIC LIFE AAICN 31.3 34.8 11.2% LANKA ALUMINIUM LALUN 62.3 54.1 -13.2% UDAPUSSELLAWA UDPL 29.6 32.9 11.1% LIGHTHOUSE HOTEL LHL N 33.0 28.8 -12.7% RENUKA CITY HOT. -
[1996] 1 Sri LR
180 Sri Lanka Law Reports [1996] 1 Sri L.R. MAHINDASOMA V. MAITHRIPALA SENANAYAKE AND ANOTHER COURT OF APPEAL DR. GUNAWARDENA, J. AND J.A.N. DE SILVA, J. C.A. APPLICATIONS NOS. 17/96 AND 18/96 29 FEBRUARY , 1,5,6,7,11 and 12 March, 1996. Provincial Councils - Dissolution - Writs of Certiorari and Prohibition - Whether the Governor has a discretion, when he exercises the power of dissolution of a Provincial Council, vested in him under Article 154 B (8) (c) of the Constitution or whether he is bound by the advice of the Chief Minis ter in terms of Article 154B(8) (d). The two Provincial Councils of North Central Province (N.C.P.) and Sabaragamuwa Province (S.P.) were dissolved by the respective Gover nors of the said Provinces by Orders published in the Gazette dated 3.1.1996. In consequence, the Commissioner of Elections published No tices dated 4.1.1996 indicating his intention to hold elections to the said Provincial Councils, and called for nominations. On representations made by the general public and on information gathered by them about the al leged maladministration of the said Councils, the said Governors have CA Mahindasoma v. Senanayake and Another 181 sought the advice of their respective Chief Ministers whether the said Coun cils should be dissolved. The said Chief Ministers who command the support of the majority of members of the said Provincial Councils, ad vised the said Governors against dissolution. Thereafter the said Gover nors sought the advice of Her Excellency the President, in the alleged exercise of their discretion. -
National Business Excellence Awards 2013 Wednesday, 27 November 2013 at Colombo Hilton
National Business Excellence Awards 2013 Wednesday, 27 November 2013 at Colombo Hilton AWARD WINNERS 1 CRITERIAAWARDS EXCELLENCE IN CORPORATE GOVERNANCE RUNNER-UP- ASIRI SURGICAL HOSPITAL PLC WINNER - NATIONAL DEVELOPMENT BANK PLC EXCELLENCE IN CAPACITY BUILDING RUNNER-UP - GLOBAL RUBBER INDUSTRIES PVT LTD WINNER - SRI LANKA PORTS AUTHORITY EXCELLENCE IN PERFORMANCE MANAGEMENT RUNNER-UP - VIRTUSA (PVT) LTD WINNER - UNION ASSURANCE PLC EXCELLENCE IN LOCAL MARKET REACH RUNNER-UP - OREL CORPORATION (PVT) LTD WINNER - BANK OF CEYLON EXCELLENCE IN GLOBAL MARKET REACH RUNNER-UP - EXPOLANKA HOLDINGS PLC WINNER - GLOBAL RUBBER INDUSTRIES PVT LTD EXCELLENCE IN CORPORATE SOCIAL RESPONSIBILITY RUNNER-UP - COMMERCIAL CREDIT & FINANCE PLC WINNER - OREL CORPORATION (PVT) LTD EXCELLENCE IN ENVIRONMENTAL SUSTAINABILITY RUNNER-UP - SAW ENGINEERING (PVT) LTD WINNER - AITKEN SPENCE HOTEL HOLDINGS PLC EXCELLENCE IN BUSINESS AND FINANCIAL RESULTS RUNNER-UP - CEAT KELANI HOLDINGS (PVT) LTD WINNER - ACCESS ENGINEERING PLC SECTORAL AWARDS AGRICULTURE & PLANTATIONS SECTOR MERIT AWARD - QUALITY SEED COMPANY (PVT) LIMITED RUNNER – UP - WATAWALA PLANTATIONS PLC WINNER - KELANI VALLEY PLANTATIONS PLC BANKING SECTOR RUNNER – UP - NATIONAL DEVELOPMENT BANK PLC WINNER - BANK OF CEYLON CONSTRUCTION SECTOR MERIT AWARD - SANKEN CONSTRUCTION (PVT) LTD RUNNER – UP - MAGA ENGINEERING (PVT) LTD WINNER - ACCESS ENGINEERING PLC GEM & JEWELLERY SECTOR RUNNER – UP - NOT – AWARDED WINNER - NOT – AWARDED MERIT AWARD - DIAMOND CUTTERS LTD 2 HEALTH CARE RELATED SERVICES SECTOR RUNNER -
Download Hayleys PLC Annual Report 2011/12
THE ICEBERG PRINCIPLE HAYLEYS PLC ANNUAL REPORT 2011/12 ABOUT HAYLEYS Hayleys PLC is one of Sri Lanka’s largest multinational business conglomerates with a history spanning 134 years. The Company’s subsidiaries and equity accounted investees in Sri Lanka as well as overseas, drive a globally competitive business portfolio spanning 12 defined sectors of enterprise. These sectors fall under the broader ambit of 7 categories - Global Markets and Manufacturing, Agriculture and Plantations, Transportation and Logistics, Leisure and Aviation, Consumer Products, Power and Energy, Investments and Services. Commencing commercial operations in 1878 as Chas P. Hayley and Company, we were incorporated as Hayleys Ltd. 60 years ago. Hayleys today accounts for 2.51% of Sri Lanka's export income and 4.5% of tea and 2.5% of rubber production. VISION To be Sri Lanka’s corporate inspiration at all times. MISSION Delivering superior shareholder value by unleashing the full potential of our people and achieving leadership in all our domestic and global businesses. VALUES Integrity - ethical and transparent in all our dealings Enduring Customer Value - enhancing experiences for every customer, from the rural farmer to the global consumer A Will to Win - exhibiting the will to win that which is important to Hayleys and its shareholders Respect for People - treating everyone with respect and dignity, providing for the development of our people and rewarding them for good performance Good Citizenship - caring for the communities in which we work, actively supporting their growth and being environmentally responsible in all we do Teamwork - working with each other and with our partners across boundaries, to make things happen Accountability - holding ourselves responsible to deliver what we promise The Iceberg Principle ‘Above the waterline’ the Hayleys you see is substantial in size and scope. -
Acuity Stockbrokers Research | Sri Lanka Equities
ACUITY STOCKBROKERS RESEARCH | SRI LANKA EQUITIES Weekly Market Review 20 Feb 2020 Indices vs. Turnover (17th Feb – 20th Feb) ASPI Closes Flat Amid Market Volatility… Sri Lanka Records a B-o-P Surplus in 2019… 5,900 2,950 ASPI 5,880 S&P SL20 2,910 S&P SL20 S&P ASPI ^ 0.02% | S&P SL20 ^ 0.54% 5,860 2,870 ASPI 5,840 2,830 The Bourse ended the week… Cont. P2 5,820 2,790 5,800 2,750 17-Feb 18-Feb 19-Feb 20-Feb Foreign investors closed the week... Cont. P3 0.75 0.60 0.45 Sri Lankan equities gained ….… Cont. P4 0.30 LKR Bn) LKR (Turnover 0.15 0.00 Economic Snapshot………… P5 17-Feb 18-Feb 19-Feb 20-Feb KEY STATISTICS Week ending 20-Feb 14-Feb +/- ASPI 5,830.51 5,829.21 0.02% S&P SL20 2,788.31 2,773.26 0.54% Banks 664.54 653.93 1.62% Capital Goods 830.26 831.53 -0.15% Food, Beverage & Tobacco 861.41 856.63 0.56% Consumer Durables & Apparel 921.80 969.00 -4.87% Materials 634.67 638.78 -0.64% Diversified Financials 872.01 885.14 -1.48% Turnover (LKR Bn) 1.80 2.21 -18.89% Foreign Buying (LKR Mn) 242.15 499.50 -51.52% Foreign Selling (LKR Mn) 364.62 851.01 -57.15% Daily Average Turnover (LKR Bn) 0.45 0.44 1.39% Daily Average Foreign Buying (LKR Mn) 60.54 99.90 -39.40% Daily Average Foreign Selling (LKR Mn) 91.15 170.20 -46.44% TOP 10 GAINERS TOP 10 LOSERS Opening Closing WoW % Opening Closing WoW % Company Code Company Code Price Price Change Price Price Change TESS AGRO[NON-VOTING] TESSX 0.4 0.5 25.0% S M B LEASING SEMBN 0.5 0.4 -20.0% CITRUS LEISURE REEFN 9.7 11.5 18.6% SINGHE HOSPITALS SERVN 1.7 1.5 -11.8% RADIANT GEMS RGEM 18.0 21.2 17.8% TANGERINE -
(230-6) Final No Crops.Pub
230 වන කාණ්ඩය - 6 වන කලාපය 2014 ඔක්ෙතෝබර් 30වන බහසපතින්දා් ெதாகுதி 230 - இல. 6 2014 ஒக்ேராபர் 30, வியாழக்கிழைம Volume 230 - No. 6 Thursday, 30th October, 2014 පාලෙනත වාද (හැනසා) பாராமன்ற விவாதங்கள் (ஹன்சாட்) PARLIAMENTARY DEBATES (HANSARD) ල වාතාව அதிகார அறிக்ைக OFFICIAL REPORT (අෙශෝධිත පිටපත /பிைழ தித்தப்படாத /Uncorrected) අන්තර්ගත පධාන කරුණු නිෙව්දන: කථානායකතුමාෙග් සහතිකය වාචික පිළිතුරු අෙප්ක්ෂා කරන පශන් ෙකොසලන්ද් සිදු වූ නාය යෑම: ආණ්ඩු පාර්ශවෙය්් පධාන සංවිධායකතුමාෙග් පකාශය විසර්ජන පනත් ෙකටුම්පත, 2015 [පස ් වන ෙවන් කළ දිනය]: ෙදවන වර කියවීම - විවාදය කල් තබන ලදී කල් තැබීෙම් ෙයෝජනාව : ශී ලංකා ජාතික කාන්තා කිකට් කණ්ඩායම பிரதான உள்ளடக்கம் அறிவிப்கள்: சபாநாயகர சான்ைர வினாக்கக்கு வாய்ல விைடகள் ெகாஸ்லந்ைத மண்சாி அனர்த்தம் : அரசாங்கக் கட்சியின் தற்ேகாலாசானின கூற் ஒக்கீட்ச் சட்டலம் , 2015 [ஒக்கப்பட்ட ஐந்தாம் நாள்] : இரண்டாம் மதிப் - விவாதம் ஒத்திைவக்கப்பட்ட ஒத்திைவப்ப் பிேரரைண: இலங்ைக ேதசிய மகளிர் கிாிக்ெகட் அணி PRINCIPAL CONTENTS ANNOUNCEMENTS: Speaker’s Certificate ORAL ANSWERS TO QUESTIONS LANDSLIDE AT KOSLANDA: Statement by Chief Government Whip APPROPRIATION BILL, 2015 [Fifth Allotted Day] : Second Reading – Debate Adjourned ADJOURNMENT MOTION: Sri Lanka National Women’s Cricket Team 909 2014 ඔක්ෙතෝබර් 30 910 පාර්ලිෙම්න්තුව ෙපත්සම් மக்கள் பாராமன்றம் PETITIONS PARLIAMENT —————–—– නිෙයෝජ කථානායකතුමා (பிரதிச் சபாநாயகர் அவர்கள்) (The Deputy Speaker) 2014 ඔක්ෙතෝබර් 30වන බහසපතින්දා් ගරු ඒ.ඩී. -
Download Annual Report (2020)
Re-Engineering for Tomorrow for Re-Engineering Annual Report 2019/20 ACCESS ENGINEERING PLC Access Towers, Re-Engineering 278, Union Place, Colombo 02, Sri Lanka for Tomorrow +94 11 7606606 +94 11 7606605 Annual Report 2019/20 [email protected] www.accessengsl.com Semi dispatchable wind farm in Mannar Island Re-Engineering for Tomorrow The current climate of unprecedented chaos and upheaval is challenging the business plans and models of virtually every enterprise across the world. It has forced them to relook at how differently “doing business” will look in the future. It has forced them, without exception, to undertake Business Process Re-engineering across all parameters and functions towards evolving successful business management strategies to fit the times. This is true of Access Engineering as well and as one of Sri Lanka’s premier engineering entities, we have got a head start on the process! Contents 03-16 182-282 THIS IS ACCESS FINANCIAL REPORTS ENGINEERING 182 Annual Report of the Board of Directors on the Affairs of 03 About Us the Company 04 About this Report 188 Statement of Directors’ Responsibility 05 Milestones 189 Directors’ Statement on 06 Our Group Structure Internal Control 08 Highlights 190 Independent Auditors’ Report 10 A Message from the Chairman 196 Statement of Profit or Loss and 13 Joint Statement from the Managing Director and the Chief Operating Officer Other Comprehensive Income 197 Statement of Financial Position 198 Statement of Changes in Equity 199 Statement of Cash Flows 18-70 201 Index to the Financial Statements OUR STRATEGY 202 Notes to the Financial Statements 18 Operating Environment 25 Stakeholder Engagement 33 Materiality 284-292 37 Strategic Direction ANNEXES 39 Capital Trade-offs 40 Our Value Creation Model 284 Operating Structure 42 Our Business Portfolio 285 Nine Year Summary 286 Our Story 288 Awards and Accolades 289 Abbreviations 291 Directors of Subsidiary Companies 292 Notice of Meeting Enclosed..