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$LWNHQ6SHQFH+RWHO+ROGLQJV3/&$QQXDO5HSRUW 2XU%UDQGV 6UL/DQND 6UL/DQND 0DOGLYHV 5DPDGD5HVRUW.DOXWDUD +HULWDQFH$KXQJDOOD $GDDUDQ3UHVWLJH9DGRR 1HSWXQH$\XUYHGD9LOODJH%HUXZDOD +HULWDQFH.DQGDODPD $GDDUDQ3UHVWLJH:DWHU9LOODV %URZQV%HDFK+RWHO1HJRPER +HULWDQFH7HD)DFWRU\ $GDDUDQ6HOHFW0HHGKXSSDUX +RWHO+LOOWRS.DQG\ +HULWDQFH$\XUYHGD $GDDUDQ3UHVWLJH2FHDQ9LOODV (DUO¶V5HJHQF\.DQG\ 0DKDJHGDUD $GDDUDQ6HOHFW+XGKX5DQ)XVKL %DQGDUDZHOD+RWHO%DQGDUDZHOD $GDDUDQ&OXE5DQQDOKL ,QGLD 3RRYDU,VODQG5HVRUW7ULYDQGUXP 3RRYDU$\XUYHGD9LOODJH7ULYDQGUXP %DUHIRRWDW+DYHORFN$QGDPDQ,VODQGV $WLWKL3XGXFKHUU\ 7DPDUD&RLPEDWRUH *UDQG3DODFH+RWHO 6SD 2PDQ 'HVHUW1LJKWV&DPS$O:DVLO $O)DODM+RWHO0XVFDW 5XZL+RWHO0XVFDW 6XU3OD]D+RWHO6XU $O:DGL+RWHO6RKDU 7+(YdWW`35,1&,3/( *URXS3RUWIROLR 63% 95% Kandalama Jetan Travel 100% Hotels Ltd. Services 16% Co. (Pvt) Ltd. Heritance Heritance Adaaran Club Barefoot Resort & (Pvt) Ltd. Kandalama Rannalhi Leisure (Pvt) Ltd. formerly Pearl 100% Barefoot Resort Beach Hotels ADS Resorts 50% Ltd. (Pvt) Ltd. Business Travel Adaaran Select Services LLC HuduRan Fushi (Oman) 100% Unique Resorts 11% 97.87% (Pvt) Ltd. Floatels India 100% Aitken Spence Adaaran Prestige (Pvt) Ltd. Crest Star Hotels Ltd. Vadoo Resort Poovar Heritance Ayurveda Island Resort Mahagedara 60% 100% Cowrie Investment 51% (Pvt) Ltd. Aitken Spence 84.57% Hotel Services Aitken Spence Adaaran Select (Pvt) Ltd. PR Holiday Hotel Meedhupparu India Homes (Pvt) Managements Ltd. (India) Asia (Pvt) Ltd. 100% Aitken Spence 51% Aitken Spence Hotel 4% Aitken Spence Hotel Holdings PLC Hotels Managements Barefoot Resort & (International) (South India) Leisure(Pvt) Ltd. Heritance Ltd. Pvt. Ltd. Barefoot Resort Ahungalla 100% 100% Nilaveli Golden Sun Resorts (Pvt) Ltd Resorts (Pvt) Ltd. Ramada Resort Kalutara 33.21% Browns Beach 100% Hotels PLC 30.35% Nilaveli MPS Browns Holidays Hotels Ltd. Beach Hotel (Pvt) Ltd Hotel Hilltop 100% 100% Aitken Spence Negombo Resorts Ltd Beach Resorts (Pvt) Ltd 87.55% 100% Hethersett Ace Hotels Ltd. 100% 100% Ayurvedic (Pvt) Ltd. Ahungalla Neptune Heritance Resorts Ltd. Ayurvedic Tea Factory Proposed Six Village Senses Project (Pvt) Ltd. $LWNHQ6SHQFH+RWHO+ROGLQJV3/&$QQXDO5HSRUW 0LOHVWRQHV The Company increases the “The Tea Factory” in Nuwara room strength to 160. Eliya commences operations. Incorporates Ahungalla Hotels Ltd., as a public quoted company. Aitken Spence Hotel Holdings Limited Share The Company changes its Capital name to Aitken Spence Hotel Holdings Ltd. Rs. 500 mn. The Company enhances its authorized share capital from Rs. 100 mn. to Rs. 500 mn. 1997 1978 1981 1986 1990 1993 1994 1995 1996 The company acquires a majority holding in Hethersett Hotels Ltd., the owning company of The Tea Factory Hotel. The Company acquires Crest Star Triton Hotel is awarded Five Ltd., from Aitken Spence & Co. Ltd., Star Status. thereby acquiring controlling interest in Club Rannalhi and Bathala Resorts, Maldives. The Company acquires Commences commercial approximately 97% of the share operations of Triton Hotel capital of Aitken Spence Hotels Ltd., with 126 rooms. thereby gaining controlling interest of Neptune Hotel, Kandalama Hotel and Pearl Beach Hotel. Investment in Browns Beach Hotel and Hotel Hilltop. 7+(YdWW`35,1&,3/( Adaaran Prestige Vadoo, the latest The Company acquires the addition to the Adaaran Resorts minority holding of Aitken commences operations. Spence Hotels Ltd. Secured a management contract for Aitken Spence Hotels Ltd., a luxury Desert Camp in Oman. is de-listed from the Colombo Stock Exchange. Twenty all-suite super luxury Water Villas are constructed and launched at Meedhupparu, Maldives. The Tea Factory Hotel is rebranded as “Heritance Tea Factory” after completion of the refurbishment. The Company’s new “Heritance” brand is The Company acquires launched. ownership of Golden Sun Resorts, Kalutara. 1999 2000 2003 2005 2006 2007 2008 2009 2010 2011 • “Six Senses Before Galle” - Six Senses Resorts & Spas The Company made signed an agreement with further investments in Aitken Spence Hotel The 20-room specialized Maldives through the Holdings PLC, to establish Ayurvedic Village “Neptune acquisition of Vadoo its first Six Senses project in Ayurveda Village” is Island Resort. Sri Lanka. This is a B.O.I. constructed and launched in approved venture worth December 2003. The Company ventures USD 45 million. into Oman by securing • Heritance Kandalama, Management contracts Sri Lanka’s most awarded for four hotels. hotel, was rated as the Best 5-Star Resort in the island The third hotel in Maldives, for the third consecutive the 215-room Meedhupparu year and was welcomed to Island Resort is launched in the prestigious Hall of June 2000. Fame, at the Presidential Completes renovations and Awards for Travel and unveils Heritance Ahungalla. Tourism. The Company acquires its fourth • Aitken Spence Hotel resort in Maldives “Adaaran Managements took over the Select HudhuRan Fushi”. management of Grand Palace Hotel and Spa in The Company ventures into India Yercaud, India. and is successful in securing management contracts for four resorts. $LWNHQ6SHQFH+RWHO+ROGLQJV3/&$QQXDO5HSRUW )LYH Revenue & Profit After Tax Rs. Mn Rs. Mn 9,000 1,500 3HUIRUPDQFH 7RWDO5HYHQXHLQFUHDVHGE\PDLQO\IURP6UL/DQNDQRSHUDWLRQV *URXS3$7LQFUHDVHGE\WR5VEQ 1,200 6,000 )XWXUH3ULRULWLHV 900 $FFHOHUDWHJURZWKVWUDWHJLHV 3,000 6HHNRSSRUWXQLWLHVWROHYHUDJHRXUVFDOHLQQHZEXVLQHVVDUHDV 600 0DLQWDLQFRQVLVWHQWDQGVXVWDLQDEOHJURZWKLQ5HYHQXH 3$7LQDOO RXUSURSHUWLHV 0 300 06/07 07/08 08/09 09/10 10/11 Revenue (Rs.Mn) Net Profit After Tax (Rs.Mn) Earnings per Share Rs. 4.0 3HUIRUPDQFH 3.5 (36LQFUHDVHGE\WR5V 3.0 &DVK(36LQFUHDVHGE\WR5V 2.5 2.0 )XWXUH3ULRULWLHV 0DNHRSWLPDOXVHRIWKHSURFHHGVIURPWKHULJKWVLVVXH PDGH 1.5 LQ$SU¶WRHQVXUHPD[LPXPUHWXUQRQLQYHVWPHQW 1.0 ([HUFLVHFRVWGLVFLSOLQHWRHQVXUHKLJKHUUHWXUQV 0.5 0.0 (36DGMXVWHGIRUVXEVHTXHQW5LJKWV,VVXHDQGWKHVXEGLYLVLRQ 06/07 07/08 08/09 09/10 10/11 Market Capitalisation Rs. Bn 35 3HUIRUPDQFH 30 LQFUHDVHLQPDUNHWFDSLWDOLVDWLRQGXULQJWKH\HDU 25 20 )XWXUH3ULRULWLHV 3URYLGHLQFUHDVLQJDQGVXVWDLQDEOHUHWXUQVWRRXUVKDUHKROGHUV 15 0DLQWDLQKLJK(QWHUSULVH9DOXH 10 5 0 06/07 07/08 08/09 09/10 10/11 7+(YdWW`35,1&,3/( Total Assets Rs. Bn 16 3HUIRUPDQFH LQFUHDVHLQWRWDODVVHWVGXULQJWKH\HDUGXHWR 12 5VPQDGGLWLRQDOLQYHVWPHQWLQ%URZQV%HDFK+RWHOV3/& 5VEQLQFUHDVHLQVKRUWWHUPGHSRVLWVLQYHVWPHQWV 8 )XWXUH3ULRULWLHV 0DLQWDLQVWURQJEDODQFHVKHHW 4 6WURQJFDSLWDOEDVHWRIDFLOLWDWHWKHJURZWKH[SDQVLRQ 0 06/07 07/08 08/09 09/10 10/11 Average Occupancy Occ % 90 3HUIRUPDQFH 80 LQFUHDVHLQRFFXSDQF\LQ6UL/DQNDQVHFWRUKRWHOV 70 LQFUHDVHLQRFFXSDQF\LQ0DOGLYHVVHFWRUKRWHOV 60 LQFUHDVHLQRFFXSDQF\LQ,QGLDQVHFWRUKRWHOV 50 GHFUHDVHLQRFFXSDQF\LQ2PDQVHFWRUKRWHOV 40 30 )XWXUH3ULRULWLHV 20 &RQWLQXHWRLQYHVWLQRXUEUDQGV 10 0 &RQWLQXHWRLPSURYHRXUVHUYLFHDQGSURGXFWRIIHULQJ 06/07 07/08 08/09 09/10 10/11 Sri Lanka Maldives India Oman Aitken Spence Hotels - Room Count Rooms 2,500 3HUIRUPDQFH 2,000 $QWLFLSDWHDLQFUHDVHLQRXUURRPFRXQWIURPH[LVWLQJOHYHOV 1,500 )XWXUH3ULRULWLHV 1,000 ,QFUHDVHRXURZQHGDQGPDQDJHGKRWHOSRUWIROLRLQDOORSHUDWLQJ UHJLRQV 500 'LYHUVLILFDWLRQRISURGXFWSRUWIROLR 0 07/08 08/09 09/10 10/11 11/12* * Including rooms under development Total Managed Total Owned 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