HORANA PLANTATIONS PLC ANNUAL REPORT 2017/18 HORANA PLANTATIONS P PLANTATIONS HORANA Think L C | New www.horanaplantations.com ANNU A L REPO R T 2017/18 Contents Corporate Information COMPANY NAME REGISTERED OFFICE ADDRESS LEGAL ADVISORS Horana Plantations PLC No.400 Deans Road, Nithi Murugesu & Associates About Horana Plantations 2 Colombo 10. Attorneys-at-Law & Notaries Public Non-Financial Highlights 3 DOMICILE AND LEGAL FORM Telephone : 011 2627000 No.28 (Level 2) W.A.D.Ramanayake Financial Highlights 4 Horana Plantations PLC is a Quoted 011 2627301-7322 Mawatha, Chairman’s Message 6 Public Company with limited liability, Facsimile: 011 2627323 Colombo 2. Managing Director’s Review of Operations 10 Incorporated and domiciled in Sri Lanka, E Mail:
[email protected] Board of Directors 16 under the Companies Act No.17 of
[email protected] TAX ADVISORS Management Team 18 1982 in terms of the provisions of the Web: www.horanaplantations.com Nanayakkara & Company Sustainability Report 20 Conversion of Public Corporations Chartered Accountants Statement of Corporate Governance 29 of Government Owned Business PARENT COMPANY 3rd Floor, Yathama Building Risk Management 34 Undertakings into Public Companies Act Vallibel Plantation Management Ltd No.142 Galle Road, Annual Report of the Board of Directors No.23 of 1987 and re-registered under No.400 Deans Road, Colombo 3. on the Affairs of the Company 35 the Companies Act No.7 of 2007 Colombo 10. Statement of Directors’ Responsibilities 39 BANKERS Report of the Remuneration Committee 40 DATE OF INCORPORATION ULTIMATE PARENT COMPANY OF THE Commercial Bank of Ceylon PLC Related Party Transactions Review 22nd June 1992 GROUP Hatton National Bank PLC Committee Report 41 Vallibel One PLC People’s Bank Audit Committee Report 43 REGISTRATION NUMBER Level 29, West Tower, Seylan Bank PLC PQ 126 World Trade Centre, Echelon Square, Financial Reports Colombo 1.