Eagle Insurance Annual Report 2007

Total Page:16

File Type:pdf, Size:1020Kb

Eagle Insurance Annual Report 2007 Annual Report 2007 Anchor of Trust Eagle Insurance PLC – Annual Report 2007 Our Vision To be a World-Class provider of Financial Solutions for Protection and Wealth Creation Our Mission We will be the most sought after Insurer and Fund Manager in Sri Lanka for security, return optimisation and excellence in service, achieving leadership in identified segments of the market Our Core Values Accepting risk with responsibility Being ethical Innovation Dedication to customers ® Designed & Produced by eMAGEWISE (Pvt) Ltd Encourage everyone to contribute and excel Photography by Taprobane Street Digital Plates by Imageline (Pvt) Ltd Printed by Printcare Corporate Information Name of the Company Eagle Insurance PLC Eagle profile Company Registration No - PQ 18 Legal Form Eagle Insurance took wing as a composite insurer • Public Company with limited liability. • Incorporated in Sri Lanka on 12th December 1986 under the within the Sri Lankan insurance landscape in the late Companies Act No. 17 of 1982. • Re-registered under the Companies Act No. 07 of 2007. 1980s. Over the years, the Company’s • A composite Insurance Company licensed by the Insurance Board of Sri Lanka. far-sightedness, good governance practices, ethics • The shares of the Company are listed on the Colombo Stock Exchange. Accounting Year and innovation have helped it to soar to new heights. 31st December Subsidiaries The dynamism and creativity of the Eagle family have Name of the Company Holding Principal Activity • Eagle NDB Fund Management been the engine of its evolution into a highly Company Limited 100% Fund Management • Rainbow Trust successful Company in the insurance and financial Management Limited 100% Trust Management and Administration services sector. Registered Office/Head Office “Eagle House” History No. 75, Kumaran Ratnam Road Colombo 02 Eagle Insurance commenced operations as CTC Telephone : 2310000 Fax : 2447620, 2310076 Eagle Insurance Company Ltd., with Ceylon Tobacco E- Mail : [email protected] Web : www.eagle.com.lk Company (a member of BAT Industries, UK) as the Company Secretary Ms C Munaweera - LLB, Attorney-at-Law Company's main shareholder. Consultant Actuary – Life insurance Mr. K K Wadhwa In 1999, BAT Industries divested its financial services 321-B, Pocket 2 Mayur Vihar, Phase 1 businesses to Zurich Financial Services Group based Delhi - 110091 in Switzerland, as part of its global strategy. Thus, Consultant Actuaries – General insurance Watson Wyatt Insurance Consulting (Private) Limited Eagle became part of a global financial services No. 135, Cecil Street # 09 - 01, group, with the National Development Bank (NDB) - Singapore 069536 Lawyers Sri Lanka's leading development bank - being the Julius & Creasy Attorneys-at-Law & Solicitors major local shareholder. No. 41, Janadhipathi Mawatha Colombo 01 2003 was another landmark in Eagle’s history as the Auditors Ernst & Young NDB bank, through its investor company, the Capital Chartered Accountants No. 201, De Saram Place Anchor of Trust Development and Investment Company PLC (CDIC) Colombo 10 Company Registrars acquired majority shareholding of Eagle Insurance. SSP Corporate Services (Private) Limited No. 101, Inner Flower Road Life, is built on partnerships – partnerships of trust. There are people who are The Bank of Ceylon also became a key shareholder of Colombo 03 Telephone : 2573894 / 2576871 anchors of trust. Everyone has at least one. At Eagle, the purpose of our Eagle Insurance with its stake in CDIC. Bankers existence is to be that anchor, to be the first in trust for all our stakeholders Standard Chartered Bank In 2006, once again Eagle became a member of a Bank of Ceylon which is why today we have garnered a reputation as one of Sri Lanka’s most Commercial Bank of Ceylon Limited global insurance group. Aviva plc, UK's largest Hatton National Bank PLC trusted corporates. Our prudent, professional management, our demonstrated The Hongkong & Shanghai Banking Corporation Limited insurer became the major shareholder of the People’s Bank responsibility towards stakeholders and good governance strengthen the bonds Sampath Bank Limited Company. Nourished by the unique combination in NDB bank we build. A solid solvency rate and years of being beside you, earning your trust, ownership of Aviva and NDB, Eagle Insurance looks Custodian Banks place us in good stead of enhancing our position. The Hongkong & Shanghai Banking Corporation Limited forward to soaring greater heights. Bank of Ceylon Eagle Insurance PLC Annual Report 2007 Financial Highlights 2007 2006 2005 2004 2003 Total Revenue (Rs. mn) 5,875 4,813 4,277 3,728 3,347 Profit before Tax (Rs. mn) 546 539 528 263 318 Net Assets (Rs. mn) 2,025 1,743 1,467 1,077 983 Life Fun (Rs. mn) 12,306 10,508 9,238 7,985 6,613 Assets under Management (Rs. mn) 20,553 17,970 15,980 14,275 12,733 Return on Net Assets (%) 27.0 30.9 36.0 24.4 32.4 Basic Earnings per Share (Rs.) 17.57 17.45 17.18 8.46 10.61 Market Capitalisation (Rs. mn) 4,523 4,065 2,550 2,200 2,400 TOTAL REVENUE PROFIT BEFORE TAX Contents Rs. 5,875 mn Rs. 546 mn (Rs. mn) (Rs. mn) 1 Financial Highlights 2 Chairman’s Review 5 7 6 9 8 4 8 , 3 4 Managing Director’s Review 5 2 5 5 3 5 8 Board of Directors 1 7 8 , 7 4 2 8 10 Top Management Team , 2 7 4 7 8 4 , 1 3 13 Management Discussion & Analysis 3 , 3 3 3 6 27 Sustainability Report 2 65 Risk Management 71 Enterprise Governance 84 Statement of Solvency 03 04 05 06 07 03 04 05 06 07 85 Statement of Approved Assets NET ASSETS LIFE FUND 88 Directors’ Report Rs. 2,025 mn Rs. 12,306 mn 92 Chief Executive Officer’s and Chief Financial Officer’s (Rs. mn) (Rs. mn) Responsibility Statement 5 93 Audit & Compliance Committee Report 2 0 , 6 3 2 0 94 Remuneration Committee Report 4 3 , 7 , 8 2 7 1 0 95 Actuary’s Report - Life 1 6 8 5 4 , 3 , 0 2 1 96 Actuary’s Report - General insurance 5 , 1 8 7 9 3 9 3 7 , 8 97 Statement of Directors’ Responsibilities 1 0 7 , 9 6 , 1 98 Statement of Directors and Company Secretary 6 for the Annual Report 2007 99 Independent Auditors’ Report 100 Balance Sheet 03 04 05 06 07 03 04 05 06 07 101 Statement of Income 102 Group Statement of Changes in Equity ASSETS UNDER MANAGEMENT RETURN ON NET ASSETS 103 Company Statement of Changes in Equity Rs. 20,553 mn 27.0% 104 Cash Flow Statement (Rs. mn) (%) 105 Insurance Revenue Accounts 3 0 106 Industry Segment Data - Balance Sheet 2007 5 . 5 6 , 0 4 3 . 0 7 107 Industry Segment Data - Balance Sheet 2006 9 2 . 2 9 0 , 3 0 8 0 7 3 5 . 108 Industry Segment Data - Statement of Income 2007 9 1 , 7 7 4 5 3 . 2 2 , 1 3 109 Industry Segment Data - Statement of Income 2006 4 4 7 2 , 1 2 110 Industry Segment Data - Cash Flow Statement 2007 1 111 Industry Segment data - Cash Flow Statement 2006 112 Long Term Insurance Balance Sheet - Supplemental 113 Notes to the Supplemental Long Term Insurance Balance Sheet 03 04 05 06 07 03 04 05 06 07 115 Accounting Policies EARNINGS PER SHARE MARKET CAPITALISATION 120 Notes to the Financial Statements Rs. 17.57 Rs. 4,523 mn 140 Quarterly Analysis 2007 (Rs.) (Rs. mn) 141 Quarterly Analysis 2006 3 142 Decade at a Glance 2 5 5 , 7 5 6 4 8 144 Share Information 5 4 . 0 1 . , . 7 7 4 7 1 146 Milestones 2007 1 1 148 Distribution Network 0 0 5 1 0 0 5 6 , 0 . 149 Introduction to Insurance Accounting 4 , 2 2 0 6 , 2 1 4 2 150 Glossary of Insurance Terms . 8 153 Notice of Meeting 155 Form of Proxy 03 04 05 06 07 03 04 05 06 07 1 Eagle Insurance PLC Annual Report 2007 Chairman’s Review Dear Shareholder, Eagle Insurance has once again demonstrated its characteristic resilience to the challenging macro economic conditions and has achieved an impressive growth. We made good progress towards our strategic aim of growing in profitable markets. Our results are proof that we are heading in the right direction towards our desired market segments. Our timely entry into the bancassurance market has been a resounding success resulting in growth far exceeding expectations. This was further enhanced by the strategic partnership we entered into with Sampath Bank – the fourth largest private commercial bank in Sri Lanka. Eagle has contributed to Aviva’s ambition to be the world’s most trusted savings, investments and insurance provider. Our growing customer base and the solid financial strength stand testimony to this fact. Aviva group set up its Asia Pacific Regional Office in mid 2007, in keeping with its focus to build a multinational business through four strong regions. The regional base is aimed at supporting the fast growing markets in the Asia Pacific region. Eagle Insurance is an integral part of the new Aviva Asia Pacific region. Economy 2007 was a year that was highly challenging for the macro We made good progress economic environment both for the country and the industry. Overall economic activity slowed down owing to the sharp towards our strategic aim of increase in the operational cost of business. The main reasons growing in profitable were twofold. They were in the form of high inflation and a significant rise in interest rates. Investor sentiment weakened markets. Our results are proof further due to the deteriorating security situation in the country. that we are heading in the However, the high interest rate environment presented the Company with the opportunity of boosting investment returns as right direction towards our a major part of our insurance funds are invested in fixed income desired market segments.
Recommended publications
  • Alliance Française De Kotte
    19 JUNE - 15 JULY 2014 FRENCHSPRING FESTIVAL INSRI LANKA BOOKS CINEMA DANCE FRENCH CUISINE MUSIC PHOTOGRAPHY SCIENCE VISUAL ARTS A special issue of Bienvenue Magazine of the Alliance Française in Sri Lanka and the Maldives FRENCHSPRING FESTIVAL INSRI LANKA MESSAGE Hon. Minister T.B. EKANAYAKE Minister of Culture and the Arts Culture and the Arts are a strong medium for bringing together diverse cultures. Music, dance and drama have a common language, which binds people of different cultures. The underlying spirit of the field of Culture and the Arts is to promote understanding among people and, in turn, bring countries and communities closer to each other. France, like Sri Lanka, has numerous traditions in the Arts dating back to many centuries. France has imbibed modern trends into its rich tradition of Arts and has much to offer to the rest of the world. Many French artists who attended the best French Art Institutions are today world-renowned professionals. Their creations occupy a central place in the global arena. This cultural festival will provide local audiences the opportunity to discover a high quality contemporary artistic experience. Therefore, I warmly welcome and appreciate the presentation by the Embassy of France of the French Spring festival to Sri Lanka for the third time. The French Spring Festival, which will be held this year from 19th June to 15th July in Colombo, in Galle, in Matara, in Kandy, in Jaffna and even in Malé, will be open to all in Sri Lanka. In Sri Lanka like in many other countries, the French Spring Festival has become an annual event.
    [Show full text]
  • Ruwanwella) Mrs
    Lady Members First State Council (1931 - 1935) Mrs. Adline Molamure by-election (Ruwanwella) Mrs. Naysum Saravanamuttu by-election (Colombo North) (Mrs. Molamure was the first woman to be elected to the Legislature) Second State Council (1936 - 1947) Mrs. Naysum Saravanamuttu (Colombo North) First Parliament (House of Representatives) (1947 - 1952) Mrs. Florence Senanayake (Kiriella) Mrs. Kusumasiri Gunawardena by-election (Avissawella) Mrs. Tamara Kumari Illangaratne by-election (Kandy) Second Parliament (House of (1952 - 1956) Representatives) Mrs. Kusumasiri Gunawardena (Avissawella) Mrs. Doreen Wickremasinghe (Akuressa) Third Parliament (House of Representatives) (1956 - 1959) Mrs. Viviene Goonewardene (Colombo North) Mrs. Kusumasiri Gunawardena (Kiriella) Mrs. Vimala Wijewardene (Mirigama) Mrs. Kusuma Rajaratna by-election (Welimada) Lady Members Fourth Parliament (House of (March - April 1960) Representatives) Mrs. Wimala Kannangara (Galigomuwa) Mrs. Kusuma Rajaratna (Uva-Paranagama) Mrs. Soma Wickremanayake (Dehiowita) Fifth Parliament (House of Representatives) (July 1960 - 1964) Mrs. Kusuma Rajaratna (Uva-Paranagama) Mrs. Soma Wickremanayake (Dehiowita) Mrs. Viviene Goonewardene by-election (Borella) Sixth Parliament (House of Representatives) (1965 - 1970) Mrs. Sirima R. D. Bandaranaike (Attanagalla) Mrs. Sivagamie Obeyesekere (Mirigama) Mrs. Wimala Kannangara (Galigomuwa) Mrs. Kusuma Rajaratna (Uva-Paranagama) Mrs. Leticia Rajapakse by-election (Dodangaslanda) Mrs. Mallika Ratwatte by-election (Balangoda) Seventh Parliament (House of (1970 - 1972) / (1972 - 1977) Representatives) & First National State Assembly Mrs. Kusala Abhayavardhana (Borella) Mrs. Sirima R. D. Bandaranaike (Attanagalla) Mrs. Viviene Goonewardene (Dehiwala - Mt.Lavinia) Lady Members Mrs. Tamara Kumari Ilangaratne (Galagedera) Mrs. Sivagamie Obeyesekere (Mirigama) Mrs. Mallika Ratwatte (Balangoda) Second National State Assembly & First (1977 - 1978) / (1978 - 1989) Parliament of the D.S.R. of Sri Lanka Mrs. Sirima R. D. Bandaranaike (Attanagalla) Miss.
    [Show full text]
  • ABS-Members-Book-2012.Pdf
    Mission The mission of ABS is to serve the public interest as well as the needs of our clients by promoting the security of life and property and preserving the natural environment. ABS serves the marine, offshore and related industries as a self-regulatory organization for promoting the safety of life and property and protecting the environment at sea. Appropriate to this function, general management of ABS is vested in a membership comprising individuals eminent in these industries. From this membership a Council and special purpose committees are formed to provide the society with guidance and direction. The Board of Directors sets ABS policies and rule-making procedures. All committee members serve without remuneration. Administration of ABS CORPORatE OFFICERS Robert D. Somerville Linwood A. Pendexter Mark A. McGrath CHAIRMAN SENIOR VICE PRESIDENT & CHIEF SURVEYOR VICE PRESIDENT Christopher J. Wiernicki Peter Tang-Jensen Adam W. Moilanen PRESIDENT & CHIEF EXECUTIVE OFFICER SENIOR VICE PRESIDENT VICE PRESIDENT Tony Nassif T. Ray Bennett Richard D. Pride EXECUTIVE VICE PRESIDENT & CHIEF OPERATING OFFICER VICE PRESIDENT VICE PRESIDENT & GREATER CHINA DIVISION PRESIDENT Jeffrey J. Weiner Robert W. Gilman Kenneth L. Richardson EXECUTIVE VICE PRESIDENT & CHIEF FINANCIAL OFFICER VICE PRESIDENT & AMERICAS DIVISION PRESIDENT VICE PRESIDENT Robert A. Giuffra Jean C. Gould William J. Sember SENIOR VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT Todd W. Grove Eric C. Kleess Kirsi Tikka SENIOR VICE PRESIDENT & CHIEF TECHNOLOGY OFFICER VICE PRESIDENT & PACIFIC DIVISION PRESIDENT VICE PRESIDENT & EUROPE DIVISION PRESIDENT Thomas A. Miller John P. McDonald SENIOR VICE PRESIDENT, GENERAL COUNSEL & CORPORATE SECRETARY VICE PRESIDENT BOARD OF DIRECTORS Michael L. Carthew Dr.
    [Show full text]
  • CHAPTER 4 Perspective of the Colombo Metropolitan Area 4.1 Identification of the Colombo Metropolitan Area
    Urban Transport System Development Project for Colombo Metropolitan Region and Suburbs CoMTrans UrbanTransport Master Plan Final Report CHAPTER 4 Perspective of the Colombo Metropolitan Area 4.1 Identification of the Colombo Metropolitan Area 4.1.1 Definition The Western Province is the most developed province in Sri Lanka and is where the administrative functions and economic activities are concentrated. At the same time, forestry and agricultural lands still remain, mainly in the eastern and south-eastern parts of the province. And also, there are some local urban centres which are less dependent on Colombo. These areas have less relation with the centre of Colombo. The Colombo Metropolitan Area is defined in order to analyse and assess future transport demands and formulate a master plan. For this purpose, Colombo Metropolitan Area is defined by: A) areas that are already urbanised and those to be urbanised by 2035, and B) areas that are dependent on Colombo. In an urbanised area, urban activities, which are mainly commercial and business activities, are active and it is assumed that demand for transport is high. People living in areas dependent on Colombo area assumed to travel to Colombo by some transport measures. 4.1.2 Factors to Consider for Future Urban Structures In order to identify the CMA, the following factors are considered. These factors will also define the urban structure, which is described in Section 4.3. An effective transport network will be proposed based on the urban structure as well as the traffic demand. At the same time, the new transport network proposed will affect the urban structure and lead to urban development.
    [Show full text]
  • Cover & Back of SLWC Volume 2
    Assessment of Risks to Water Bodies due to Residues of Agricultural Fungicide in Intensive Farming Areas in the Up-country of Sri Lanka using an Indicator Model Ransilu C. Watawala1, Janitha A. Liyanage1 and Ananda Mallawatantri2 1Department of Chemistry, University of Kelaniya, Kelaniya, Sri Lanka 2United Nations Development Programme, Colombo, Sri Lanka Introduction Indiscriminate use of agrochemicals poses a major environmental threat to surface and groundwater. Intensive vegetable cultivation on the steep slopes of up-country hills requires extremely high levels of pesticides (insecticides and fungicides) and fertilizers to maintain high yields and profitability. Farmers do not necessarily follow the doses and frequencies recommended in the instructions but apply higher doses more frequently, as they believe that this will increase yields. The implications of these decisions are not considered by farmers due to the lack of information and understanding of the environmental pathways of chemicals after application. In addition, the methods available to account for the variability of soils, climate and other factors influencing the risk of pesticide use are complex. Potato cultivation in Nuwara Eliya, Bandarawela and Welimada Sri Lanka is a good example of the effects of excessive pesticide use. In these areas precipitation exceeds 1,830mm per annum and crops are affected by a number of diseases and insect attacks, such as late blight caused by Phytopthora infestance. The prevailing misty conditions also promote fungal growth requiring famers to use contact and systemic fungicides for prevention. Lack of understanding of pesticide pathways and the desire to ensure that the disease is under control often lead to overdoses and higher frequency application of pesticides.
    [Show full text]
  • CHAP 9 Sri Lanka
    79o 00' 79o 30' 80o 00' 80o 30' 81o 00' 81o 30' 82o 00' Kankesanturai Point Pedro A I Karaitivu I. Jana D Peninsula N Kayts Jana SRI LANKA I Palk Strait National capital Ja na Elephant Pass Punkudutivu I. Lag Provincial capital oon Devipattinam Delft I. Town, village Palk Bay Kilinochchi Provincial boundary - Puthukkudiyiruppu Nanthi Kadal Main road Rameswaram Iranaitivu Is. Mullaittivu Secondary road Pamban I. Ferry Vellankulam Dhanushkodi Talaimannar Manjulam Nayaru Lagoon Railroad A da m' Airport s Bridge NORTHERN Nedunkeni 9o 00' Kokkilai Lagoon Mannar I. Mannar Puliyankulam Pulmoddai Madhu Road Bay of Bengal Gulf of Mannar Silavatturai Vavuniya Nilaveli Pankulam Kebitigollewa Trincomalee Horuwupotana r Bay Medawachchiya diya A d o o o 8 30' ru 8 30' v K i A Karaitivu I. ru Hamillewa n a Mutur Y Pomparippu Anuradhapura Kantalai n o NORTH CENTRAL Kalpitiya o g Maragahewa a Kathiraveli L Kal m a Oy a a l a t t Puttalam Kekirawa Habarane u 8o 00' P Galgamuwa 8o 00' NORTH Polonnaruwa Dambula Valachchenai Anamaduwa a y O Mundal Maho a Chenkaladi Lake r u WESTERN d Batticaloa Naula a M uru ed D Ganewatta a EASTERN g n Madura Oya a G Reservoir Chilaw i l Maha Oya o Kurunegala e o 7 30' w 7 30' Matale a Paddiruppu h Kuliyapitiya a CENTRAL M Kehelula Kalmunai Pannala Kandy Mahiyangana Uhana Randenigale ya Amparai a O a Mah Reservoir y Negombo Kegalla O Gal Tirrukkovil Negombo Victoria Falls Reservoir Bibile Senanayake Lagoon Gampaha Samudra Ja-Ela o a Nuwara Badulla o 7 00' ng 7 00' Kelan a Avissawella Eliya Colombo i G Sri Jayewardenepura
    [Show full text]
  • Update UNHCR/CDR Background Paper on Sri Lanka
    NATIONS UNIES UNITED NATIONS HAUT COMMISSARIAT HIGH COMMISSIONER POUR LES REFUGIES FOR REFUGEES BACKGROUND PAPER ON REFUGEES AND ASYLUM SEEKERS FROM Sri Lanka UNHCR CENTRE FOR DOCUMENTATION AND RESEARCH GENEVA, JUNE 2001 THIS INFORMATION PAPER WAS PREPARED IN THE COUNTRY RESEARCH AND ANALYSIS UNIT OF UNHCR’S CENTRE FOR DOCUMENTATION AND RESEARCH ON THE BASIS OF PUBLICLY AVAILABLE INFORMATION, ANALYSIS AND COMMENT, IN COLLABORATION WITH THE UNHCR STATISTICAL UNIT. ALL SOURCES ARE CITED. THIS PAPER IS NOT, AND DOES NOT, PURPORT TO BE, FULLY EXHAUSTIVE WITH REGARD TO CONDITIONS IN THE COUNTRY SURVEYED, OR CONCLUSIVE AS TO THE MERITS OF ANY PARTICULAR CLAIM TO REFUGEE STATUS OR ASYLUM. ISSN 1020-8410 Table of Contents LIST OF ACRONYMS.............................................................................................................................. 3 1 INTRODUCTION........................................................................................................................... 4 2 MAJOR POLITICAL DEVELOPMENTS IN SRI LANKA SINCE MARCH 1999................ 7 3 LEGAL CONTEXT...................................................................................................................... 17 3.1 International Legal Context ................................................................................................. 17 3.2 National Legal Context........................................................................................................ 19 4 REVIEW OF THE HUMAN RIGHTS SITUATION...............................................................
    [Show full text]
  • OF INNOCENCE Track
    MONDAY, JUNE 19, 2017 PAGE 25 At one of her film screenings With their children E mail : [email protected] At their wedding Some of her awards With Geetha Kumarasinghe in Akke Mata Awasara Books written by them both ONE CHANGE IN LIF ORTRAIT I would have liked to have more grandchildren. MOST MEMORABLE MOMENTS We wanted to travel to Denmark from Germany once. A friend dropped us at a railway station and told us to get off the train once it stops and get on the other train which will be on the next OF INNOCENCE track. We were carrying the huge reels of Tharanaya then. The train stopped in a very remote area. We got off but there were no other trains in sight. We tried asking for directions but could not find anyone speaking English. After a while we saw a German lady looking at us. We RUWINI JAYAWARDANA gave her a Ceylon Tea bag and spoke to her. She finally told us how to nnocence seems to be her hallmark and according to seasoned journalist Arthur get to the harbour. Once in the harbour we encountered a problem because we did not have visas. My friend had told us that will not U Amarasena, this is the first thought that hit him when he lay eyes on a photo- be an issue. We explained our purpose to the officers there and graph of her for the first time in the early 1960s. After tying the knot in 1964 since the authorities were not in sight they let us go.
    [Show full text]
  • The Fukuoka City Public Library Movie Hall Ciné-Là Film Program Schedule December 2015
    THE FUKUOKA CITY PUBLIC LIBRARY MOVIE HALL CINÉ-LÀ FILM PROGRAM SCHEDULE DECEMBER 2015 ----------------------------------------------------------------------------------------------------------------- ARCHIVE COLLECTION VOL.9 ACTION FILM ADVENTURE WITH YASUAKI KURATA December 2-6 No English subtitles ----------------------------------------------------------------------------------------------------------------- SRI LANKA FILMS CENTERED ON LESTER JAMES AND SUMITRA PERIES December 9-26 English subtitles ----------------------------------------------------------------------------------------------------------------- Our library and theater will be closed for the New Year Holidays from December 28-January 4 ENGLISH HOME PAGE INFORMATION THE FUKUOKA CITY PUBLIC LIBRARY http://www.cinela.com/english/ This schedule can be downloaded from: http://www.cinela.com/english/newsandevents.htm http://www.cinela.com/english/filmarc.htm ARCHIVE COLLECTION VOL.9 Action Film Adventure with Yasuaki Kurata A collection of films starring action film star Yasuaki Kurata. December 2-6 No English subtitles TATAKAE! DRAGON VOL.1 Director: Toru Toyama, Shozo Tamura Cast: Yasuaki Kurata, Bruce Liang, Makoto Akatsuka 1974 / Digital / Color / 80 min./ No English subtitles STORY: 4 episodes from the 1974 TV series pitting a karate expert as the protagonist who goes against an underworld syndicate. (Episodes 1-4) TATAKAE! DRAGON VOL.2 Director: Toru Toyama Cast: Yasuaki Kurata, Fusayo Fukawa, Noboru Mitani / Digital / Color / 80 min./ No English subtitles STORY: 4 episodes from the 1974 TV series pitting a karate expert as the protagonist who goes against an underworld syndicate. (Episodes 14, 15, 25, 26) FINAL FIGHT SAIGO NO ICHIGEKI Director: Shuji Goto Cast: Yasuaki Kurata, Yang Si, Simon Yam 1989 / 35mm/ Color / 96min./ No English subtitles STORY: A former Asian karate champion struggles as he makes a comeback. A big hit that was shown in 33 countries.
    [Show full text]
  • Evaluation of Agriculture and Natural Resources Sector in Sri Lanka
    Evaluation Working Paper Sri Lanka Country Assistance Program Evaluation: Agriculture and Natural Resources Sector Assistance Evaluation August 2007 Supplementary Appendix A Operations Evaluation Department CURRENCY EQUIVALENTS (as of 01 August 2007) Currency Unit — Sri Lanka rupee (SLR) SLR1.00 = $0.0089 $1.00 = SLR111.78 ABBREVIATIONS ADB — Asian Development Bank GDP — gross domestic product ha — hectare kg — kilogram TA — technical assistance UNDP — United Nations Development Programme NOTE In this report, “$” refers to US dollars. Director General Bruce Murray, Operations Evaluation Department (OED) Director R. Keith Leonard, Operations Evaluation Division 1, OED Evaluation Team Leader Njoman Bestari, Principal Evaluation Specialist Operations Evaluation Division 1, OED Operations Evaluation Department CONTENTS Page Maps ii A. Scope and Purpose 1 B. Sector Context 1 C. The Country Sector Strategy and Program of ADB 11 1. ADB’s Sector Strategies in the Country 11 2. ADB’s Sector Assistance Program 15 D. Assessment of ADB’s Sector Strategy and Assistance Program 19 E. ADB’s Performance in the Sector 27 F. Identified Lessons 28 1. Major Lessons 28 2. Other Lessons 29 G. Future Challenges and Opportunities 30 Appendix Positioning of ADB’s Agriculture and Natural Resources Sector Strategies in Sri Lanka 33 Njoman Bestari (team leader, principal evaluation specialist), Alvin C. Morales (evaluation officer), and Brenda Katon (consultant, evaluation research associate) prepared this evaluation working paper. Caren Joy Mongcopa (senior operations evaluation assistant) provided administrative and research assistance to the evaluation team. The guidelines formally adopted by the Operations Evaluation Department (OED) on avoiding conflict of interest in its independent evaluations were observed in the preparation of this report.
    [Show full text]
  • Ship Repairs Shipbuilding Heavy Engineering
    SHIPBUILDING SHIP REPAIrs HEAVY ENGINEERING StrategicallyStrategically LocatedLocated @@ THETHE HUBHUB OFOF THETHE INDIANINDIAN OCEANOCEAN Sri Lanka Japan The truly international Dockyard in South Asia with principal equity alliance with Onomichi Dockyard Co. Ltd, Japan Our Core Values Quality Timeliness Safety Reliability Green Ethics Corporate Information Key Strengths Name : Colombo Dockyard PLC Strategic Location: Lying Operates 4 drydocks up to Combined Blasting and at the hub of Shipping lanes 125,000 DWT Painting Workshops with Legal Form : Public quoted company with limited liability joining West and East controlled conditions for A licensed enterprise of the Board of Investment of Sri Lanka Workforce of over 3,000 application of specialised Ship Repairs: Over 150 Sri Lankans protective coatings Registered Address & location : Port of Colombo, Sri Lanka vessels per annum generating US$ 30-40 million Average annual turnover over Certified to ISO 9001:2008 Established : 1974 US$ 150 million by Lloyds Register Quality Shipbuilding: 4 specialised Assurance State of the art Machinery and Partnership : Collaboration with Onomichi Dockyard Co., vessels per annum generating over US$ 100 million Equipment LRQA assessment assessors Ltd of Japan since 1993 have recommended the Heavy lifting capability up to Heavy Engineering: Heavy shipyard for OHSAS Major Shareholder : 51% by Onomichi Dockyard Co., Ltd, 160 Tons steel fabrication over US$ 10 18001:2007 & ISO 14001:2015 million per annum 500 Ton Steel Press certifications Over 40 years experience
    [Show full text]
  • In the Supreme Court of the Democratic Socialist Republic of Sri Lanka
    IN THE SUPREME COURT OF THE DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA In the matter of an application for Leave to Appeal under Section 5C of the High Court of the Provinces (Special Provisions) Act No. 54 of 2006 Kaluthanthrige Dona Jayaseeli No. 352, Rajasingha Mawatha, Hewagama, Kaduwela. Plaintiff Vs. SC Appeal No. 29/2016 SC/HC (CA) LA No. 675/2014 1. Kaluthanthirige Dona Dayawathi HCCA Colombo Case No: No. 2/6, Pannawala, WP/HCCA/COL/39/2013 (RA) Delgoda. DC Homagama Case No: 3559/P 2. Kaluthanthirige Dona Karunawathi No. 47, Pegiriwatta Road, Gangodawila, Nugegoda. 3. Kaluthanthirige Don Karunadasa No. 159, Hewagama, Kaduwela. 3A. U.A. Chandrawathie No. 159, Hewagama, Kaduwela. 4. Kaluthanthirige Dona Gunaseeli residence unknown 1 5. Liyana Arachchige Podisingho No. 185, Hewagama, Kaduwela. 5A. Liyana Arachchige Dona Leelawathie No. 185, Hewagama, Kaduwela. 6. Kaluthanthirige Dona Rupawathi No. 152/1, Hewagama, Kaduwela. 7. Weligama Arachchige Somadasa Perera 152/5, Hewagama, Kaduwela. Defendants AND Kaluthanthrige Dona Jayaseeli No. 352, Rajasingha Mawatha, Hewagama, Kaduwela. Plaintiff – Petitioner Vs. 1. Kaluthanthirige Dona Dayawathi No. 2/6, Pannawala, Delgoda. 2. Kaluthanthirige Dona Karunawathi No. 47, Pegiriwatta Road, Gangodawila, Nugegoda. 2 3. Kaluthanthirige Don Karunadasa No. 159, Hewagama, Kaduwela. 3A. U.A. Chandrawathie No. 159, Hewagama, Kaduwela. 4. Kaluthanthirige Dona Gunaseeli residence unknown 5. Liyana Arachchige Podisingho No. 185, Hewagama, Kaduwela. 5A. Liyana Arachchige Dona Leelawathie No. 185, Hewagama, Kaduwela. 6. Kaluthanthirige Dona Rupawathi No. 152/1, Hewagama, Kaduwela. 7. Weligama Arachchige Somadasa Perera 152/5, Hewagama, Kaduwela. Defendants – Respondents AND BETWEEN Kaluthanthrige Dona Jayaseeli 3 No. 352, Rajasingha Mawatha, Hewagama, Kaduwela.
    [Show full text]