Airport and Aviation Services (Sri Lanka) Ltd.
Annual Report 2009 Airport and Aviation Services (Sri Lanka) Ltd. | Annual Report 2009
Bandaranaike International Airport, Colombo, Katunayake, Sri Lanka. Connect Tel: +94 11 2252861-5 Fax: +94 11 2253187 Airport and Aviation Services Web: www.airport.lk (Sri Lanka) Ltd. in Colombo The Bandaranaike International Airport (BIA) is a hub airport in the South Asian region, recognised for its modern facilities and standards. We connect people from across the world who travel through Sri Lanka for work or pleasure and we make the experience, not just convenient, but enjoyable.
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2 Financial Highlights 63 Balance Sheet 3 Performance Highlights 64 Statement of Changes in Equity 8 A Heritage of Global Connections 65 Cash Flow Statement 9 25 Years of Aviation in Sri Lanka 66 Notes to the Financial Statements 10 Time line of events 83 Retained Revenue Fund Accounts 12 Chairman’s Message 84 Auditors’ Report 18 Board of Directors 85 Income Statement 20 Report of the Directors 86 Balance Sheet 24 Senior Management 87 Cash Flow Statement 28 Business Review 88 Notes to the Financial Statements 37 Statement of Value Addition 95 Voted Fund Accounts (Development Projects) 38 Financial Review 96 Auditor General’s Report 40 Ten Year Summary 100 Income & Expenditure Statement 44 Human Resources 101 Balance Sheet 48 Corporate Social Responsibility 102 Cash Flow Statement 52 Corporate Governance 103 Summary of Significant Accounting Policies 56 Risk Management 104 Notes to the Accounts 59 Financial Information 107 Explanatory Notes on the Report of the Auditor General 60 Company Accounts 110 Principal Data 61 Auditors’ Report 112 Note 62 Income Statement
Vision To be the friendliest and best airport service provider in the Asia region. Mission To create competitively advantageous airport & aviation facilities and services to all users, and ensure stakeholder satisfaction.
Annual Report 2009 1 Financial Highlights
Year Ended 31 December AASL AMALGAMATED ** In Rs. Mn. 2009 2008 +/- % * 2009 2008 +/- % *
Turnover 5,491 5,961 -8% 6,924 6,989 -1% Operating expenses before depreciation & Interest 3,980 4,163 4% 3,980 4,176 5% EBITDA 1,511 1,798 -16% 2,944 2,813 5% Dividends 200 200 - 200 200 - Depreciation of fixed assets 70 56 -25% 1,943 2,075 6% Finance costs - - - 320 318 -1% Profit Before Taxation 1,441 1,742 -17% 681 420 62% Income Tax 506 573 12% - - - Profit After Taxation 934 1,169 -20% 681 420 62% Profit attributable to equity shareholders 934 1,169 -20% 681 420 62% Cash at the year end 4,962 4,999 -1% 5,601 6,013 -7%
Key Financial Ratios Return on equity 15.8% 22.6% 2.1% 1.3%
* Subject to rounding differences (“ +” Favourable, “-” Adverse) ** AASL results combined with Retained Revenue Fund Accounts (Pages 84-94 ) & Voted Fund Accounts (Pages 96-109)
2 Airport and Aviation Services (Sri Lanka) Ltd. Performance Highlights
2009 2008 2007 2006 Rs. Mn. Rs. Mn. Rs. Mn. Rs. Mn.
Financial Highlights
Net Profit Before Tax 1,441 1,742 2,469 2,120 Total AASL Revenue (Before Loan Repayment) 6,796 6,845 6,199 5,006 Shareholders Funds as at December 31st 5,901 5,167 4,190 2,772 Total Fixed Assets (WDV) as at December 31st 939 377 160 109 Total Current Assets as at December 31st 7,187 6,934 5,838 4,282 Total Current Liabilities as at December 31st 949 939 1,041 1,053 Total Capital Expenditure For The Year 631 296 84 22 Cash & Cash Equivalents at the Year End 4,962 4,999 4,617 3,294
Operational Highlights
International Flight Movements Nos. 28,624 31,764 33,395 33,189 Passenger Movements * Nos. 4,242,356 4,642,831 4,898,891 4,798,274 Cargo Movements ** M.T. 138,067 151,952 163,570 170,907 Total No. of Employees as at December 31st Nos. 3,182 3,132 3,001 3,005
Highlights In Ratios
Net Profit Before Tax To Shareholders Funds % 24.4 33.7 58.9 76.5 Net Profit Before Tax To Total Revenue % 21.2 25.4 39.8 42.3 Total Revenue To Total Assets Times 0.8 0.9 1.0 1.1 Current Assets To Current Liabilities Times 7.6 7.4 5.6 4.1 Total Assets Per Employee Rs’000 2,774 2,551 2,138 1,584 Total Cost of Employment Per Employee Rs’000 836.8 937.0 661.3 524.5 Aircraft Handled Per Employee 9 10 11 11 No. of Passengers Per Aircraft 148 146 147 145 No. of Passengers Per Employee 1,333 1,482 1,632 1,597 Freight (M. Tonnes) Per Employee 43.4 48.5 54.5 56.9 Total Cost Per Flight Handled Rs’000 141.49 132.8 86.0 70.3
* Passenger movements include arrival, departure, transfer and transit passengers. Transfer and transit passengers are counted twice. ** Cargo movements include export, import and transshipment (counted twice) cargo. Air mail is excluded.
Annual Report 2009 3 Rs. 1,441Mn Net Profit Before Tax Amount that defined us this year... And made our success.
4 Airport and Aviation Services (Sri Lanka) Ltd. 28,624 Number of International Flights Handled 4,242,356 Total Number of Passengers
138,067MT Cargo Handled
Key numbers play an important role in our performance. And it is something we at Airport & Aviation Services (Sri Lanka) Ltd, take this very seriously. Which is why, all year round we work hard to make sure we are always soaring above the rest. In the year ahead, we are determined to climb, even higher.
Annual Report 2009 5 Every year, around
5 million passengers travel through the BIA in Colombo, in transit, on holiday or work.
6 Airport and Aviation Services (Sri Lanka) Ltd. Swap stories in Colombo Annual Report 2009 7 A Heritage of Global Connections
It began… because of the need to promote for all large scale infrastructure In November 1944, when 52 States Sri Lanka within the international development is provided by the met in Chicago, U.S., to address aviation industry, as a safe Government; through domestic matters related to international destination to travel to. funds voted in the Annual aviation, flights across borders and Government Budget or long term other relevant legal, economic and Initially, the Government of Sri foreign funding sourced by the technological issues. The outcome Lanka handled both operational and Government. – the signing of the International Civil regulatory tasks. This later changed Aviation Convention. The 96 articles with the formulation of the Airports The Ministry of Civil Aviation carries on air travel set out the privileges, Authority and Act No. 46 of 1979. out Government Policies and restrictions and best practices The Airports Authority was entrusted monitors operational and regulatory that were to direct the contracting with operations, while the Director functions relating to Civil Aviation States. In 1950, Sri Lanka achieved General of Civil Aviation retained services. The Director General of a milestone in its aviation history, regulatory functions. Civil Aviation was initially responsible when the country became a for carrying out regulatory functions participant of the Convention. As the fastest mode of travel, the on behalf of the Government. Since Aviation Industry has a pivotal December 2002, this has now been The journey continues… task in the national economy; transferred to the Civil Aviation Based on the guidelines drawn up through the direct facilitation of Authority. in the Convention, the International transporting passengers, cargo and Civil Aviation Organisation (ICAO) in the development of tourism. The was established with the aim of Government of Sri Lanka oversees carrying out the administrative the overall legal, economic and functions. The objectives of the technical aspects; in providing ICAO are to develop the values and managing aviation services in and practices of international the country and within the Flight air navigation and transport. By Information Region (FIR). adopting International Standards and Recommended Practices AASL’s Role… (SARPs) and sanctioning The management of the Airport Procedures for Air Navigation has been entrusted to the Airport & Services (PANS), the ICAO enables Aviation Services (Sri Lanka) Limited and facilitates improved air safety, (AASL), a limited liability company efficiency and regularity. registered under the Companies Act. AASL sees that the airports Aviation in Sri Lanka… are maintained at international As a member of the International standards, provides air navigational Civil Aviation Convention, the role services for inbound aircraft and of the Government of Sri Lanka is those flying through the Sri Lanka twofold; operational and regulatory. FIR. Ensuring that ICAO guidelines are carried out effectively in the area To date, all shares of the company of air safety is important. This is are held by the State. Funding
8 Airport and Aviation Services (Sri Lanka) Ltd. 25Years of Aviation in Sri Lanka
Sri Lanka’s civil aviation industry air travel was subsequently taken not restricted to precise straight- was born in the 1930’s with the over by the Sri Lanka Air Force and line air routes, but were allowed to construction of an aerodrome in Upali Aviation, while Air Taxis of the circle around the areas of interest Ratmalana which served a largely Maharajah Organization operated enabling the passengers to enjoy administrative function. charter flights to most of the local the landscape and its scenic beauty. airports in the country. Passengers This proved to be a success, The slow growth experienced by requesting flights ranged from winning over people who had never the industry in the early years is a local and overseas tourists to previously considered exploring the reflection of the historical and social businessmen. Aviation was not country beyond the familiar suburbs. conditions the country faced at that restricted to domestic flights, and However, these operations were time. Since then, it has come a long international travel on Air Lanka suspended once again with the re- way to be what it is today. which was inaugurated in 1979, commencement of hostilities in the also began to increase in popularity. North and East of the country. The outbreak of World War 2 in International flights were eventually the 1940’s, saw the development shifted to the new airport at A significant event in Sri Lanka’s and expansion of runway facilities Katunayake. With the onset of civil aviation history was the partial as a consequence of Sri Lanka riots in July 1983 however, domestic privatisation of Sri Lankan Airlines (then Ceylon) being under British aviation operations came to a (then Air Lanka) in 1998, under a rule. Once hostilities ceased and sudden halt and although attempts ten year management contract with independence dawning on the were made to resume local flights, with the Emirates Group, ending in horizon, airline operations became it did not meet with much success 2008. This significantly changed the a symbol of nationhood and there until several years later. course of the airline’s development was the growing realisation that and fashioned it into what it is the growth of the aviation industry Following the signing of the today. Sri Lankan Airlines is a highly could be a catalyst for national Ceasefire Agreement with LTTE recognised global carrier, serving development. In 1947, the country’s rebels in 2002, which heralded 45 destinations in 25 countries first national carrier – Air Ceylon a period of temporary peace, across Europe, the Middle East, - inaugurated international flights several local airlines commenced South Asia, South East Asia and from Colombo to Madras via Jaffna domestic operations to destinations the Far East. It is also one of the and since then the number of such as Jaffna, Trincomalee and chief foreign carriers operating international flights out of Sri Lanka Ampara. Sri Lankan Airlines (former to India, with 90 weekly flights to has grown considerably. Air Lanka) also began domestic 11 destinations and is the largest operations using amphibian aircraft carrier to Maldives with direct flights During the 1960’s and 70’s the to and from the Bandaranaike from Europe. Royal Air Force and Air Ceylon International Airport in Katunayake, offered domestic flights from the to a number of tourist destinations The advent of peace now prevails Ratmalana Airport to destinations around the country. Gregory Lake since the elimination of terrorism such as Jaffna, China Bay in in Nuwara Eliya, Victoria and in Sri Lanka. This era now Trincomalee, Batticaloa, Ampara Randenigala reservoirs, Koggala offers numerous development and Weerawila to name a few. and Weerawila were among those opportunities in the country’s These destinations with their that became increasingly popular domestic and international aviation fascinating tourist attractions, destinations for both local and sectors in the year’s ahead. proved to be popular among overseas passengers. These flights government employees. Domestic were unique, because they were
Annual Report 2009 9 Time line of events
Governor of Ceylon negotiates to extend the airmail service between the United Kingdom and India 1932 via Ceylon. 1934 State Council of Ceylon makes a decision to construct an aerodrome at Ratmalana.
Aerodrome at Ratmalana is completed and Aero Club of Ceylon provides the public with flight 1936 opportunities.
The first Air Navigation regulations are published. The first 3 aircraft bearing the Ceylon registration 1937 mark are entered into the aircraft register.
The Ratmalana Airport is inaugurated on the 28th of February. The Director of Public Works is 1938 appointed Director of Civil Aviation. 1939 An emergency landing is conducted in Puttalam.
With the outbreak of World War 2, the Royal Air Force takes control of functions at the Ratmalana 1942 Airport. 1945 The United Kingdom-Australia - ‘LANCASTRIAN’ service commences operations via Ceylon.
The Department of Civil Aviation is established under the Ministry of Transport. The Ratmalana 1946 aerodrome is taken over from the Royal Air Force for civil flying.
Air Ceylon - the National Carrier is set up under the Ministry of Communication and Works and 1947 inaugurates international flights from Colombo to Madras via Jaffna. 1948 Sri Lanka is appointed member of the International Civil Aviation Organisation (ICAO).
The Navigation Act No. 15 of 1950 is promulgated. 1950 An Academy to train pilots is established. 1955 Air Ceylon enters into an agreement with KLM Royal Dutch Airlines. 1959 International flights operations are shifted to Katunayake.
10 Airport and Aviation Services (Sri Lanka) Ltd. Development program of Katunayake Airport commences. 1963 The RAF Runway is extended from 1,840 to 3,350 meters with assistance from the Government of Canada. Terminal Building is constructed to hold 150,000 passengers per year. 1968 Construction of a larger terminal building, apron and taxiway takes place.
Inauguration of the National Carrier – Air Lanka. 1979 Airport Authority Act of 1979 promulgated and the Airport Authority is established. 1980 The Airport Authority takes over civil airport operations from the Department of Civil Aviation.
The Government decides to establish a government owned company to handle civil aviation in Sri 1981 Lanka. 1982 Amendments are made to the Air Navigation Act.
Establishment of the Airport and Aviation Services (Sri Lanka) Ltd. (AASL), to oversee the overall 1983 development, maintenance, administration and service delivery of the airports.
Development program launched to construct a new runway, passenger terminal building, cargo 1984 complex control tower and navigation services and maintenance complex.
Development program is completed and the new runway and passenger terminal building is 1987 commissioned with an annual handling capacity of 3.5 Mn. passengers. 1988 1992 The Air Cargo Village inaugurated.
A completely new outlook is commissioned for the Airport in November with the construction of a 2005 finger pier with eight Aero Bridges, expanded terminal, lounges and other facilities. 2008 AASL celebrated 25 years service to aviation.
His Excellency the President Mahinda Rajapakse placed the foundation stone for 2009 the Hambantota International Airport (HIA).
Annual Report 2009 11 Chairman’s Message
A New Culture to Face New Challenges
Through the endless skies on a journey.... Friendly faces and friendly smiles.... all the way....
12 Airport and Aviation Services (Sri Lanka) Ltd. As I pen this message, a sense of Our Sources of Revenue to the treasury had a drop of 7.9% accomplishment flashes through While consolidating and expanding compared to the respective figures my mind, for we have paddled our avenues of aeronautical of 2008. The latter was primarily due through another successful year, a revenue, we have focused to a 48% increase in the payments year of revolutionary changes in our extensively on creating new avenues due to the treasury on account of organisational culture. As a state of non aeronautical revenue. In loans obtained by the government organisation vested with a public keeping with this approach, we have for BIA development projects. duty and facing global competition, devoted a component of almost all Prudent management measures we began to view the industry from our development projects towards applied vigourously enabled us to a new perspective, a view that facilitating the generation of this curtail expenditure by 4% which in enabled us to see ourselves as well. revenue segment. turn enabled us to contain the drop We made changes to our outlook at in turnover to the modest figure of all levels and our company anthem How we fared 1%. that you would have probably heard When the overall performance over the telephone is only a minute for the year is considered, we Being the operator of an indicator of this new outlook. witnessed a 9.8% decrease international airport, our drain of in the air traffic movements at energy from the national energy The entire nation breathed a sigh Bandaranaike International Airport supply is inevitably heavy. We took of relief and witnessed the dawn (BIA) which was the typical figure positive steps to identify energy of the long awaited era of peace recorded in all parts of the world wasters and implemented schemes that would set the stage for the except the Middle East. The for more economical usage of long delayed national development. consequent dip in passenger power and energy. Employees were Amidst this great achievement, we volume and cargo tonnage was too recorded a successful financial 8.6 % and 9.0% respectively. The year and delivered value to you while trend reversed during the second firmly gearing ourselves for rapid part of the year and we witnessed “While consolidating development in the coming years. the gradual improvement in both passenger and cargo movements. and expanding On a global scale, things were not The passenger movements during as rosy as we would have liked the last five months indicate an our avenues them to be and we had our share increase of 8% compared to that of challenges. With the global of the same period of the previous of aeronautical recession having had a devastating year. This favourable trend is effect on the aviation industry and continuing and the aeronautical revenue, we have the International Air Transport revenue during the first quarter Association (IATA) having identified of 2010 has increased by 18%. focused extensively 2009 as the worst year in history These are clear signs of the industry for the industry, the consequent picking up and are indicative of the on creating new decline in the passenger and cargo overall stability and resurgence the movements did have its toll on country is experiencing. avenues of non our operations. Nevertheless, I am pleased to announce to you that we The gross turnover for the year aeronautical have successfully recorded a Profit exhibited a marginal drop of 1% after Tax amounting to Rs. 934 Mn. while the revenue after payments revenue.”
Annual Report 2009 13 Chairman’s Message continued.
educated on energy conservation exporter community with provision on cyberspace by re-launching the and Senior Officers were deployed for more convenient hand over and company website with a new look. to implement action plans for less room for physical damage to All passenger intensive information energy saving. We are certain that export cargo. are now available on this web site. the results of these measures will It is also playing an important role in manifest in the near future. In addition, we also opened a transit marketing our airport internationally. hotel within the arrival terminal at We plan to upgrade this section We experienced excellent industrial BIA thereby taking our International to a fully fledged division of our relations during the year under Airport one more step further in its company during 2010 and are reference. We were also able to journey towards excellence. On committed to the use of state of the witness the positive involvement the same note, we re-launched our art technology as a key enabler in of various employee organisations CIP lounge on a new theme, “The maintaining our competitive edge. towards the achievement of Silk Route”. This exclusive pathway company objectives. will enable commercially important Second International Airport passengers who travel through BIA The commencement of the Based on the profits of year 2008, to experience hassle free arrival project to construct our second the Board of Directors of our through prior on-line reservation. international airport at Hambantota company declared a final dividend stands out as our most noteworthy of Rs. 200 Mn. on July 31, 2009 As for the development work to achievement during the year. The and another Rs. 200 Mn. was be undertaken in the near future, project was launched with the declared as a final dividend on the design consultancy work has been ceremonial ground breaking by His profit of year 2009. completed for a new split level Excellency the President Mahinda passenger terminal building with Rajapakse at Mattala, Hambantota Growth pier planned under Phase 2, Stage on November 27, 2009. This airport In keeping with our vision of II of the BIA development project. is being constructed at a total becoming an aviation hub for the This includes the construction of estimated cost of US $ 209 Mn. and region, we continued to execute our 14 Passenger Boarding Bridges M/s China Exim Bank will fund a action plans for the development and a remote apron among other major portion of this amount. of BIA. Some of the salient projects things. Construction is expected to that were successfully completed commence in 2012 at an estimated Another noteworthy achievement are as follows: cost of Rs. 36 Bn. The completion was our successful acquisition of scheduled for 2016, will witness the an image as an aviation training • Expansions to the terminal handling capacity at BIA surging up provider for the region with our Civil • Improvements to the internal to 12 Mn. passengers per annum. Aviation Training Centre (CATC) roadways recording a steady increase of • Increase of the cargo handling Timely availability of critical overseas participants in its training capacity decision support information is a programmes. We have formally key ingredient for organisational identified our CATC as a strategic The increased cargo handling success. We initiated action for the business unit and plans are on the mentioned above was a result of implementation of an Enterprise cards to invest on its development the long awaited commencement Resource Planning (ERP) System for in 2010. of operations at the new cargo our company. We also established terminal. This would bring in an a dedicated IT section which We also took extensive steps to annual revenue of Rs.120 Mn. as was a long overdue requirement develop our most vital resource, rental. The enhanced cargo handling for our company. This section our human resources. The highly capacity especially benefited the successfully made our presence felt specialised and diverse nature of
14 Airport and Aviation Services (Sri Lanka) Ltd. our services has resulted in our Towards this end, major heart of the capital directly to BIA, organisational structure being developments in the airport targeting tourists and designed to somewhat compartmentalised infrastructure of BIA have been reduce travel time by 50%. with some divisions occasionally planned and Rs. 4 Bn. has been being oblivious to the functions of pledged in 2010 towards capital Appreciations their peers, leading to operational projects such as runway widening I wish to express my gratitude to conflicts and wastage of resources. and overlay, a domestic terminal, the Honourable Minister of Ports Realising that it was essential to a Multi storied car park and a & Aviation and the Secretary to change this culture, we embarked monorail shuttle. The development the Ministry for the continued on a cross-functional team building of commercially viable domestic faith placed in us by entrusting and attitude formation programme airports will also be undertaken in the steering of our company on for our staff which included both stages. its intended path. My gratitude conventional programmes as well goes out to all the members of our as programmes based on modern The commissioning of the second Board of Directors for their never concepts. In order to maintain the international airport at Hambantota failing optimism and to the senior service standards laid down by the towards which we have contributed management for their able running regulatory authorities, we invested Rs. 91.2 Mn. in 2009, will further of their respective divisions. In a sum of Rs.43 Mn. to provide strengthen our position. A further conclusion, I thank all the members specialised training to our staff both contribution of Rs. 1.2 Bn. is of our staff for their diligence and locally and overseas. Starting from intended during 2010. This airport commitment. a common format for the business will facilitate air-sea transshipment cards carried by our managerial staff of cargo in conjunction with the up to the creation of a company new harbour being constructed anthem, we initiated a trend that at Hambantota and will also would culminate with the creation of fulfill the long felt need for an a brand for our company in pursuit alternative airport for BIA within the of our vision of achieving hub status geographical extent of the island. Prasanna J Wickramasuriya WWV RWP RSP in the region. In its initial stage, the new airport Chairman is expected to facilitate 1 Mn. Plans for the future passenger movements, 45,000 June 3, 2010 Given the changes for the better Metric Tons of cargo throughput which we are witnessing both in and 30,000 aircraft movements per Sri Lanka and on a global scale, annum. The new airport will also the country is clearly poised for have the capacity to accommodate an economic boom with tourism the latest high capacity aircraft. as an important segment. The The project will be carried out in ensuing year could be optimistically phases and with the conclusion of envisaged as a period of the first phase, we are determined renaissance. We are confident to witness the first landing at the that we could play a key role in new airport towards the latter part the national development plans in of 2012. accordance with the government’s vision for the future, “Mahinda Mid 2010 will also see the launch Chinthanaya”. of the Airport Shuttle, a luxury train service that will operate from the
Annual Report 2009 15 Close a deal in Colombo 16 Airport and Aviation Services (Sri Lanka) Ltd. The BIA’s state-of- the-art lounges, communication facilities and banking services make every transaction, all the more easier.
Annual Report 2009 17 Board of Directors
Left to Right
Ananda Goonatilleke - Director R. P. L. Weerasinghe - Director Yohan Jayaratne - Executive Director Prasanna J. Wickramasuriya - Chairman
Not in the picture Aelian Nanayakkara - Director
18 Airport and Aviation Services (Sri Lanka) Ltd. Left to Right
Kamal Ratwatte - Vice Chairman Sarath Jayasundara - Director Kosala Wickramanayake - Director M. C. G. Mahipala (Mrs.) - Secretary to the Board
Annual Report 2009 19 Report of the Directors
Year ended December 31, 2009 to Rs. 0.9 Bn. paid in 2008. Net effectiveness of the Company’s Profit after Tax declined by 20% overall governance process, The Board of Directors have from Rs. 1,169 Mn. to 934 Mn. to develop and nurture long pleasure in presenting their report, term relationships with our key for the year ended December A detailed review of the Company’s stakeholders. 31, 2009 together with the performance during the year, audited Financial Statements of with comments on the financial The Corporate Governance the Company, as a fully owned results and future developments is framework and its adoption is Government Company incorporated contained in the Financial Review detailed on Pages 52 to 55 of this on February 23, 1982 under the (Pages 38 to 39) and Business report. Companies Act No. 17 of 1982. Review (Pages 28 to 36). These reports form an integral part of the System of Internal Controls Activities of the Company Directors’ Report. The Directors are responsible for The main activities of the Company the Company’s system of internal which remains unchanged since the The Company derived 24% of its controls covering financial and previous year were the provision revenue from Aeronautical sources, risk management activities and of Air Navigational Services, 67% from Non-Aeronautical reviewing its effectiveness in including Fire Services and Security sources, while the balance 9% was accordance with the provisions which ensure safety of aircraft and from other sources such as short of the Corporate Governance passengers in the air within the term investments in government framework. A detailed account of Sri Lankan FIR (Flight Information securities, exchange gain etc. the system of internal controls is set Region), as well as on ground and out on pages 52 to 57. the provision and maintenance Operating Expenditure of terminal and associated Total Operating Expenditure Donations passenger facilities. As in the declined by Rs. 169 Mn. The total amount of donations made past, the Company continued the representing a drop of 4% over the by AASL for various charity activities development of airport infrastructure previous year’s expenditure of Rs such as Dayata Kirula National facilities, utilising Company funds, 4,220 Mn. This is mainly due to the Exhibition, Sri Dalada Maligawa Government backed loans and decrease in personnel expenses Esala Perehera and for Ruhunu grants. The Company maintains by 9% to Rs. 2,663 Mn. from Rs. Maha Katharagama Devalaya during separate sets of accounts of 2,935 Mn., repair and maintenance the year amounted to Rs. 6 Mn. Government Grants for Airport expenses by Rs. 2 Mn. Development Projects and Retained Property, Plant and Revenue Funds. Dividends Equipment Dividends of Rs. 200 Mn. has been The book value of property, plant Operating Results paid to the Government Treasury and equipment of the company The Company recorded a pre-tax during the year. as at the Balance Sheet date profit of Rs. 1.4 Bn. after accounting amounted to Rs 1,655 Mn (2008 – for government debt servicing Corporate Governance Rs 1,026 Mn.) obtained for airport developments, The Directors uphold the amounting to Rs. 1.3 Bn. compared responsibility of ensuring the Capital Expenditure of the company amounted to Rs. 631 Mn. in the year under review.
20 Airport and Aviation Services (Sri Lanka) Ltd. The movements in property, plant Mr. Chandima P Rasaputra - Mr. Palitha Gamage - Director and equipment during the year are Chairman resigned March 29, 2009 Appointed as a Director on April 4, set out in Note 3 of the Financial Appointed to the Board as 2007 and resigned on March 12, Statement on pages 71 to 73. Chairman on February 2, 2007 and 2009. resigned on March 29, 2009. Market Value of Properties Mr. Shantha Niriella - Director Revaluation of assets by the Mr. Prasanna J Wickramasuriya - Appointed as a Director on Chairman since March 30, 2009 Valuation Department is in progress December 26, 2007 and resigned Appointed to the Board as Vice as at the Balance Sheet date. The on September 30, 2009. Chairman on April 3, 2008 and was valuations will be made based on re-appointed as Chairman on March the market value. The book value of Mr. Ananda Goonatilleke - 30, 2009. Director the properties will be adjusted to the Appointed on October 1, 2008. revalued amount. Mr. Kamal Ratwatte - Vice Chairman Mr. Sarath Jayasundara - Director Reserves Appointed as Vice Chairman on Appointed on March 13, 2009. The reserves as at December 31, April 23, 2009. 2009 for the company amounted to Directors’ Interest in Rs 5,881 Mn (2008 – Rs 5,147 Mn). Mr. Yohan Jayaratne - Executive Contracts and Proposed Director Contracts The movement in Reserves is Appointed as a Director on During and at the end of the 2009 shown in the Statement of Changes November 1, 2008 and as an financial year, none of the Directors in Equity on page 64. Executive Director on November 28, were directly or indirectly interested 2008. in contracts or proposed contracts Shareholding as at December connected to the Company’s 31, 2009 Mr. Aelian Nanayakkara - Director business. No. of Value (Rs.) Held By Appointed as a Director on August Shares 31, 2004 and resigned from the Directors’ Responsibility for post on April 18, 2007 and the Financial Statements 200,000 20,000,000 Secretary to the re-appointed as a Director on April The responsibility of the Directors as Treasury 19, 2007. 1 100 Secretary, Ministry per the provisions of the Company’s of Ports & Aviation Mr. R. P. L. Weerasinghe - Director Act No.07 of 2007, in relation to 1 100 Director General of Appointed to the Board as a the Financial Statements, is to Civil Aviation Director on February 23, 2006 and prepare such statements for each 200,002 20,000,200 resigned from the post on February financial year and to place it before 12, 2007 and re-appointed as a the Annual General Meeting. The Directors Director on April 27, 2007. responsibility of the Auditors is set The Board of Directors of the out in the Report of the Auditors on Company are appointed by the Hon. Mr. Kosala R. Wickramanayake - page 61 of the Annual Report. Minister of Ports & Aviation. Director Appointed on April 4, 2007. The Directors confirmed their responsibility for maintaining adequate accounting records in
Annual Report 2009 21 Report of the Directors continued.
accordance with all applicable employees have been made on time Future Developments Accounting Standards sufficient to or have been provided for. • Construction of the second prepare the Financial Statements of international airport at the Company. Events after the Balance Hambantota. Sheet Date The Board of Directors approved the No material events that require • BIA Development Project Phase three sets of Financial Statements adjustments to the Financial 2 Stage II on following dates: Statements have taken place, subsequent to the date of the • “Airport Express” Luxury Train • Voted Fund Accounts Balance Sheet other than those operation between Colombo - - February 23, 2010 disclosed if any, in Note 19 to the Katunayake. • Company Accounts Financial Statement on page 80. - May 6, 2010 • Further improvement of • Retained Revenue Fund Going Concern passenger facilitation at BIA. Accounts The Board of Directors has reviewed - May 6, 2010 the Company’s Business Plans and • Development of the existing is satisfied that the Company has network of 13 domestic airports. The Directors are also responsible adequate resources to continue for taking reasonable steps to its operations in the foreseeable • Construction of Multi Storied Car safeguard the Assets of the future. Accordingly, the Financial Park with Monorail. Company and to give adequate Statements are prepared on this consideration to the establishment basis. • Implementation of Enterprises of appropriate internal control Resources Planning System. systems, with a view to preventing The Directors are of the view and detecting fraud and other that they have discharged their • Development of Colombo irregularities. responsibilities as set out in this Airport-RMA statement. Board Committees • Relocation of Fuel Filling Station The composition of the Board Audit Human Resources at 18th Mile Post cum Shopping & Management Committee is as The Company implements Arcade. follows: appropriate Human Resource Management policies to train, • Replacement of Air Traffic • Mr. Aelian Nanayakkara retain employees and optimise Control System. • Mr. R. P. L. Weerasinghe their contribution towards the • Mr. S. M. Chandrapala achievement of corporate • Construction of New NSC objectives. At the beginning of the Building. Statutory Payments year, 3,132 employees were on the Directors, to the best of their permanent payroll. As at December • Renovation of Radar System. knowledge and belief are satisfied 31, 2009 the total employee that all statutory payments due to strength increased to 3,182. the Government, other Regulatory Institutions and in relation to the
22 Airport and Aviation Services (Sri Lanka) Ltd. Environmental Protection Auditors towards achieving its objectives. The Organisation takes initiatives in For Company and Retained They also wish to express their pursuing sustainable development Revenue Fund Accounts gratitude towards the Government in all our activities, thereby creating M/s Ernst & Young of Sri Lanka, Ministry of Ports & integral balance between the Chartered Accountants Aviation and other institutions that society, economy and environment. 201, De Saram Place, continued to assist the Company in Colombo 10. its endeavours. The organisation seizes the opportunity to minimise harmful M/s Ernst & Young are available for BY ORDER OF THE BOARD emissions/effects arising out of the reappointment. airport services it operates in, as For Voted Fund Accounts well as when handling air traffic. Auditor General Auditor General’s Department Directors’ Disclosure of Independence Square Interest Prasanna J Wickramasuriya WWV RWP RSP Colombo 07. The Directors have made a general Chairman disclosure to the Board as stated Annual Report in Section 192(2) of the Companies June 3, 2010 The appropriate number of copies Act No. 7 of 2007 and no additional of this report will be submitted to interest have been disclosed by any the Parliament, Ministry, Auditor Director. General, Department of Public Enterprises, Sri Lanka Accounting Directors’ Remuneration and and Auditing Monitoring Board and Other Benefits other stakeholders. The three (3) Executive Directors were paid Rs. 8,523,496/- during Annual General Meeting the year as remuneration. This The Annual General Meeting is include all financial benefits namely scheduled to be held on June 23, Salary, EPF, ETF, Reimbursement of 2010. Entertainment, Telephone, Leave, other allowances and Bonuses. Acknowledgement The other Directors were paid an The Board wishes to take this amount of Rs. 140,500/- being the opportunity to place on record cost of Travelling and Directors Fees the valuable contribution and the for the Board Meetings. support extended by the employees at all levels of the Company,
Annual Report 2009 23 Senior Management
Left to Right
W. C. Tissera (Ms.) - Acting Head of Air Navigation Services C. Wannigama - Head of Internal Audit & Quality Assurance D. N. A. Jayamaha - Head of Civil Engineering (Maintenance) Wg. Cdr. D. Wijesooriya - Safety Manager H. S. Hettiarachchi - Head of Airport Management A. K. Yapa - Chief Fire Officer(Oversees duties of Head of Fire & Rescue Services) G. Withanage - Head of Civil Engineering (P & D) Geeth Karunaratne - Head of Commercial & Properties
24 Airport and Aviation Services (Sri Lanka) Ltd. Left to Right
U. J. Lokuarachchi - Head of Information Technology Athula Seneviratne - Head of Civil Aviation Training W. A. C. L. Saram - Head of Electrical & Mechanical Engineering Lt. Col. K. H. C. Kumarasinghe - Deputy Head of Security Services (Oversees duties of Head of Security Services) Wipula Wimalshanthi - Head of Electronics and Air Navigation Engineering L. Dahanayake - Acting Head of Finance S. M. R. Rafeek - Head of Projects M. C. G. Mahipala (Ms.) - Head of Human Resources & Legal / Company Secretary
Annual Report 2009 25 Sri Lanka is a central location along the trade route of the modern business world, connecting both East and West.
26 Airport and Aviation Services (Sri Lanka) Ltd. Air Cargo through Colombo Annual Report 2009 27 Business Review
Industry Performance Sri Lanka too, not left untouched widening is not yet in the offing, the With the year continuing to post by the financial meltdown, had Civil Aviation Authority of Sri Lanka dismal indicators due to the to battle a number of domestic has given provisional approval for unabated global crisis taking its toll crises as well, including heightened emergency landings of any A380 on the aviation industry, labeling it security measures in the first half Airbus at the BIA. as the worst year in aviation history, of the year. AASL however, having the adverse economic conditions envisaged some of the challenges, BIA’s passenger terminal building especially in the USA and Europe implemented numerous strategies has a total floor area of 90,000 saw corporate and leisure travel to strengthen BIA operations which, square meters and includes a state both decline to previously unseen after the conclusion of the war, proportions. The decrease in began to see fruition and helped Commercial Aircraft Movements corporate travel was primarily due to AASL post better results than international trade remaining flat and anticipated. Nos. leisure due to disposable income 40,000 being much less than in previous BIA Current Operations years. After 26 years of operation, AASL has now evolved into the position Cargo traffic in Asia Pacific, which of an emerging airport in this accounts for 36% of the total global region, handling a volume of 4.9 Freight Tonne Kilometers (FTKs) Mn. passengers annually. The 30,000 saw a downward decline to 14%, total passenger handling capacity with European and North American is 6 Mn. adding to 300,000 MT carriers which generally hold in cargo handling capacity. BIA’s 25% global FTKs each, posting a aerodrome has an accommodation dismal 18% and 17% respectively. capacity of 25 aircraft on the apron, 20,000 (Source: International Air Transport complimenting the movement 2006 2007 2008 2009 Association – IATA). However, the of 25 aircraft per hour on the Asia Pacific region which displayed runway. The length and width of some positive trends towards the the runway is 3,340 meters and 60 Passenger Movements latter part of the year by employing meters respectively, with capacity various strategies is expected to see to upgrade runway shoulders in Nos. ‘000 5,000 a turnaround in the coming year. order accommodate the latest A380 Airbus (Code 4F). While the
Rs. 4,000 Bn 3,000 1.4Profit Before Tax 2006 2007 2008 2009 28 Airport and Aviation Services (Sri Lanka) Ltd. Cargo Movements Passengers Handled at BIA
MT (‘000) Nos. 200 550,000
500,000
150 450,000
400,000 100 350,000
300,000 50
250,000
0 200,000 2006 2007 2008 2009 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2009 2008
Rs. Rs. Rs. 1. 6 Bn 4.5 Bn 0.6 Bn Aeronautical Income Non-Aeronautical Income Other Income
Overflights Navigated of the art pier building comprising 8 Operational Review boarding gates and 14 passenger Aircraft movement at BIA decreased Nos. 16,000 boarding bridges. 23 scheduled by 9.8%, from 31,764 to 28,624 in airlines currently operate through 2009, following a similar trend to 14,000 BIA to 21 countries via 46 routes the passenger movement decline 12,000 facilitating cargo and passenger of 8.6%. However the second half movements. This has contributed of 2009 proved to be better, with 10,000 to the 8% increase in passenger traffic showing steady growth and 8,000 movements observed from August passenger movement increasing to December 2009 compared to by 6%, in comparison to the same 6,000 the corresponding period in the period in 2008. However, one of the 4,000 previous year. more noteworthy trends seen over
2,000 the year, despite the adverse traffic movements, was the embarkation 0 2006 2007 2008 2009 revenue of Rs 2.3 Bn. generated by
Annual Report 2009 29 Business Review continued.
1,571,409 embarking passengers, an increase of 93,556 Pax. However, cargo operations, which saw a gradual increase in the latter part of the year, on average declined by 9%, with BIA handling 90,181 MT of export cargo and 47,886 MT of import cargo, totaling 138,067 MT for the year.
BIA handled a total of 1,096,004 visitors comprising 445,609 The inaugurational plaque of the H.I.A. was unveiled by HE the President arrivals and 650,395 departures, a Mahinda Rajapakse. significant increase of 17% over the previous year. Additional revenue streams were also seen with the relaxation of security measures and the opening of the Public Viewing Gallery vis a vis and vehicle parking.
Commencement of Construction of Hambantota International Airport (HIA) With the end to the war and aligned with the Government’s rapid infrastructure expansion plan, AASL The Chairman of AASL gives a brief overview of the proposed Ariport. accelerated the development plan for the second international airport Mn. Funding of US $ 190 Mn. is Upgrading of Air Traffic Services in Sri Lanka. The Environmental being financed by China Exim Bank (ATS) Impact Assessment (EIA) and with a concessionary loan repayable In accordance with ICAO regional Archeological Impact Assessment in twenty years and a grace period agreements, a further eight (AIA) were conducted by the Central of five years, with the balance conventional ATS routes across Environmental Authority (CEA) financed by the Government of Sri Sri Lankan air space/Colombo of Sri Lanka for the Hambantota Lanka. The project was ceremonially Flight Information Region (FIR) International Airport. The granting launched on November 27, 2009 were upgraded to Required of the EIA approval on May 4, 2009 by the President of Sri Lanka His Navigational Performance (RNP) subsequently saw the signing of the Excellency Mahinda Rajapakse. standards from November 2009. Contract Agreement between AASL Phase I of the project is expected to This upgrading has made air traffic and China Harbour Engineering be completed in 2012. control separation standards and Corporation to design and build minima for air traffic along these HIA. The total cost of the project is routes homogeneous with those estimated at US $ 209 Mn, including applicable in other countries in the a contingency provision of US $ 12 region. Suitably equipped modern
30 Airport and Aviation Services (Sri Lanka) Ltd. aircraft flying in the Indian Ocean can now fly at the same height/ altitude/ flight level until they are 50 Nautical Miles (NM) close to one another as against the previous lateral limit of 100 NM. More aircraft are permitted now to maintain their most economical preference flight levels for longer period in Colombo FIR. This has proved to be a positive step in exploiting the opportunities arising through many transiting international flights moving over Sri Lankan sky space, which can A 380 Airbus into SriLankan Airspace/ BIA Colombo generate more overflying income and will augur well for potential arrivals at the new HIA. the allocation of some additional Technical Support routes to Sri Lanka. Aeronautical Mobile and Fixed Sri Lanka agreed on two Connector Services continued its services Air Routes across her air space After successful operations of beyond VHF coverage of Colombo in addition to the designated over-flights along these routes, FIR making over 37,500 aircraft standard ATS Routes, in response BIA is designated as a medical/ contacts for the year, with a to requests made by ICAO/IATA emergency Alternate Aerodrome, peak experienced during the Haj which catered to increased flight a significant accolade emphasising Pilgrimage period. It also provided operations between the Middle East the capabilities of BIA for this region. communication backup for data and Australia. Emirates and Qatar, link equipped aircraft across two major airlines operating into Sri ISO Certification Colombo FIR. Aeronautical Fixed Lanka, have already commenced AASL successfully completed Service implemented its services operations using these routes, Phase I Stage I for ISO 9001:2008 via Aeronautical Telecommunication which has generated revenue certification being implemented Fixed Network (AFTN) via circuits through navigational charges levied through Det Norske Veritas established with Singapore, Mumbai on over-flights. (DNV). An Action Plan has been and Male handling approximately established to monitor the progress 3.8 Mn. messages to and from. There has also been a positive of each Quality Objective, with Key Preparation also commenced for upward trend in en-route air Performance Indicators (KPIs) also transition from the conventional navigational services income since developed to monitor the process AFTN to the modern Aeronautical September 2009, which recorded to ensure stringent monitoring of Telecommunication Network (ATN) a growth in excess of 25% over the any deviations and achievement of of CNS/ATM concept using the corresponding period last year. This targets. Aeronautical Message Handling is primarily attributed to increased System (AMHS). operations through Sri Lanka’s FIR by leading airlines in the region and
Annual Report 2009 31 Business Review continued.
The ICAO implementation plan for ‘E-learning share in Civil Aviation the Asia Pacific Region implemented Training’ at the TRAINAIR Course by Sri Lanka has the relevant Development Unit of the CATC, aspects of Performance Based which met with high acclaim at the Navigational procedure (PBN) 11th Global TRAINAIR Symposium embedded in accordance with and Conference held in December the plan’s road map and timeline. 2009 in the Dominican Republic. Accordingly, AASL’s Air Navigation Service team implemented the Transit Hotel relevant initiatives required to The Transit Hotel with 24 luxury, achieving the set goals. Standard super luxury and deluxe rooms, Arrival Route system (STARs) a business center and spa was for BIA, which enables aircraft opened for passengers and crew to use Area Navigation (RNAV/ during the year. The investment into RNP) capability has already been the project was Rs. 120 Mn. with designed and is now available for the hotel located at Level III of the trials. Plans are also underway for arrival terminal. designing the Global Positioning Entrance to the Transit Hotel System (GPS) approaches for the Ratmalana Airport soon. The introduction of ADS – B modernisation, upgrading of ADS -C and ATM systems for the Colombo Area Control Centre are all at various progressive stages, springboards for the transition to PBN.
Strategic Business Units Civil Aviation Training Centre The Civil Aviation Training Center (CATC) while continuing its main mission of providing specialised A Super Luxury Room in Transit Hotel aviation training to company personnel, progressed even Lounge and Restaurant Facilities and communication facilities and further this year by conducting The four lounge levels operated an exclusive pathway, the Silk several training programmes for by AASL, namely Lotus, Araliya, Route with an online reservation the Maldives Airports Company, Executive and CIP continued to facility for business passengers. generating a gross income of US $ add to the facilities available at With these services functioning as 11,115. Having seen this success, BIA. The new CIP Lounge, which separate business units, the lounges plans have already been mooted to accommodates Commercially cum restaurants generated a total develop and strengthen CATC into a Important Passengers includes turnover of Rs. 111 Mn. which is a Strategic Business Unit. In addition, hassle free entrance, quick 66% increase over Rs. 67 Mn. in CATC implemented research on clearance of baggage, business 2008.
32 Airport and Aviation Services (Sri Lanka) Ltd. Future Outlook Hambantota International Airport Stage I of the second international airport in Sri Lanka is scheduled for completion by mid 2012. Under Stage I, there will be a 3,500 meter long 75 meter wide runway, taxi way and an 85,000 square meter apron to accommodate ten aircraft. The runway is designed to hold Code – 4F A380 Airbuses. An Instrument Landing System (ILS), approach lighting and fire fighting systems Silk Route - Lounge will be installed in compliance with ICAO standards. A state-of-the-art Aerodrome Certification at BIA Program (COSCAP) expressed modular type terminal building with Article 15 of the Convention overall satisfaction with the outcome inline three stage baggage handling on International Civil Aviation of the audit process implemented and a capability of handling one requires all aerodromes open to by the Civil Aviation Authority of Sri million passengers per annum, a the public under the jurisdiction of Lanka during 2009. The Certification cargo building to accommodate its Contracting States, to provide was presented to AASL by the Civil 45,000 MT of cargo with cool room uniform conditions for aircraft of all Aviation Authority on March 1, 2010. facilities and a 40 meter tall Air other Contracting States. Article 28 Traffic Control Tower add to the key and 37 oblige each State to provide Bird Hazard Control Programme elements of this airport. in its territory, airports and other air Bird strikes, a common hindrance navigation facilities and services in in aerodrome space, result in The airport has been designed accordance with Standards and emergency landings and have and developed as an eco-friendly Recommended Practices (SARPs). caused increasing concern among airport and will be the first of its Responsibility for ensuring safety, airport operators and significant kind in this region. Once functional, regulatory and efficiency of aircraft cost in terms of airplane damages. HIA will facilitate and develop air operations at aerodromes under Realising the dangers of bird and sea cargo from the Free Trade their respective jurisdiction rests strikes and the ensuing costs to Zone as it is also in close proximity with individual States. both the aerodrome and carriers, to the Hambantota Port. Given the AASL has instituted a number of increased emphasis being given to As an effective and transparent measures to control and mitigate uplift economic activity in the region, means of achieving these the pursuant hazards, requesting it is envisaged that new commercial objectives, AASL would be able to the Department of Zoology of the ventures will also spur business into implement aerodrome certification University of Colombo to carryout HIA. Land space has been reserved procedures by submitting the a comprehensive study and for aircraft maintenance workshops, Aerodrome Manual for acceptance. recommend steps to mitigate future an aviation school, Free Trade Zone The audit team of Corporative accidents/incidents due to bird with BOI status and hospitality and Development of Operational Safety strikes at a total project cost of Rs. leisure facilities to accommodate and Continuing Air worthiness 2 Mn. business and leisure tourism.
Annual Report 2009 33 Business Review continued.
accordance with Clause 106 (5) (i) of Ceylon Air Navigation Regulation of 1955. Construction will commence in 2012 and with completion of the project at an estimated cost of US $ 350 Mn. in 2016, passenger capacity would increase by 6 Mn. numbers. An application for financial assistance for the project has been submitted under the JICA funding programme.
The scope of Stage II comprises a Model of proposed Hambantota International Airport new split level passenger terminal building which separates arrivals BIA Phase 2 Stage II Development which has now seen the obtaining and departures vertically, a new Project of environmental clearance and the pier with 8 boarding gates and Having now completed Stage I launch of Phase 2 Stage II of the 14 passenger boarding bridges Phase II of the development of BIA Development Project by the with a dedicated gate comprising BIA, the airport has the capacity to Government of Sri Lanka. 2 passenger boarding bridges handle 6 Mn. passengers, 300,000 provided for the operation of the MT of cargo and 42,000 aircraft The Consultant, a joint venture new A380 Airbus. There will also be movements annually. With both the of Japan Airport Consultants a remote apron and an additional external and domestic environments and Nippon Koei Company Ltd., nine parking stands to ease air now showing more positive trends, submitted pre-qualification and traffic movement. it is envisaged that capacity at BIA bidding documents as well as will surpass forecasted targets the final design report in August ‘Airport Express’ Luxury Train by 2012. This therefore spurred 2009. Approval of the Civil It is envisaged by mid 2010, a further development of the BIA, Aviation Authority was obtained in luxury express train service will be launched between BIA and Colombo carrying a capacity of 120 passengers. This is a project implemented in collaboration with Sri Lanka Railways and will reduce travel time between Colombo and BIA and vice versa by approximately 50%.
Re-location of Fuel Filling Station With the Colombo – Katunayake expressway development now gaining ground, the fuel filling station Proposed Multi Level Terminal Building with the Elevated Access Roads. located at the 18th mile post on
34 Airport and Aviation Services (Sri Lanka) Ltd. the Canada Friendship Road will be Service Performance - 2009 relocated. This project is expected Departure passenger processing to be completed by end of 2010. % of passengers completing security screening, Check-in, Emigration formalities within 38 minutes.
Widening and overlay of existing 100% BIA Runway Arrival passenger processing % of passengers cleared by Immigration, claim baggage and cleared by It is envisaged that the widening the Customs within 38 minutes from disembarkation. and overlay of the BIA runway will 100% be completed by end 2011. The Baggage Delivery (First Bag) Government has allocated funds of % of the first bag delivered at the baggage reclaim within 20 minutes of chocks on. Rs. 200 Mn. for the project, while the total project is estimated at Rs. 100% 500 Mn. The design work of the Baggage Delivery (Last Bag) % of the last bag delivered at the baggage reclaim within 30 minutes of overlay is expected to be completed chocks on. by end of 2010. The newly widened 65% runway will accommodate the larger Avoidance of Aircraft incidents in the Colombo FIR A380 aircraft handling an increase Maintain No. of aircraft incidents in Colombo FIR per 100,000 aircraft movements below 23. in traffic. 100%
Control of delays in Landing or Take off due to congestion % of aircraft having experienced delays on Ground or in the Air due to congestion less than 5% of the total movements.
100%
High Tech System Availability - 2009
Air-conditioning 100% System *
Automated People 100% Mover System
Baggage Handling 100% System- Arrival
Communication for 97% Air Navigation
Surveillance 99% Systems at BIA
Air Navigational 93% System
Electronic Security 98% Screening Systems 92 94 96 98 100 %
* Maintain 95% of the system to provide average temperature not more than 260C within passenger terminal building Annual Report 2009 35 Business Review continued.
Tourist Arrivals by Country of Residence & Purpose of Visit - 2009 vs 2008 As per the Statistics of Sri Lanka Tourist Board
Country of Total Pleasure Private & Official Convention & Visiting Friends Religious & Others Residence Business Meetings & Relations Cultural
2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008
North America 25,565 28,050 15,330 18,218 2,536 2,206 247 243 4,895 5,170 641 671 1,916 1,542
Western Europe 170,123 167,187 146,159 143,360 10,007 7,922 770 682 7,526 9,649 1,413 1,498 4,248 4,076
Eastern Europe 26,310 29,443 21,841 27,085 1,370 821 442 94 1,192 376 364 346 1,101 721
Africa 1,549 2,141 1,121 988 201 276 55 49 12 138 116 500 44 190
Middle East 23,741 16,776 21,721 13,368 1,254 1,065 189 66 412 417 21 72 144 1,788
Asia 174,534 173,039 128,047 105,568 22,338 23,927 4,386 4,529 8,108 13,731 6,360 8,241 5,295 17,043
Australasia 26,068 21,839 22,956 12,492 767 1,044 173 204 977 6,823 212 195 983 1,081
Total 447,890 438,475 357,175 321,079 38,473 37,261 6,262 5,867 23,122 36,304 9,127 11,523 13,731 26,441
Domestic Airports Network
36 Airport and Aviation Services (Sri Lanka) Ltd. Statement of Value Addition
Value addition shows the total wealth created and how it is distributed, talking into account the amounts retained and reinvested in the company for the replacement of assets and for expansion programmes.
2009 2008 Rs.000’ Rs.000’
Revenue 6,165,975 6,060,710 Other Income 630,235 784,388 6,796,210 6,845,098
Cost of Repairs and Maintenance (213,780) (216,005) Cost of External Services (735,875) (547,799)
Value Addition 5,846,555 6,081,294
% % Distribution of Value Added To Employees Remuneration & Benefits 2,662,565 46 2,934,844 48 To the Government Taxes 674,180 12 1,037,662 17 To Shareholders Dividends 200,000 3 - - To the Providers of Debt Capital Repayments 1,305,393 22 883,867 15 Retained within the business Depreciation 70,063 1 56,275 1 Retained within the business Reserves 934,355 16 1,168,647 19 5,846,555 100 6,081,294 100
2009 2008
To Employees 46% To Employees 48% To the Providers of Debt Capital 22% To the Providers of Debt Capital 15% Retained within the business 17% Retained within the business 20% To the Government 12% To the Government 17% To Shareholders 3% To Shareholders 0%
Annual Report 2009 37 Financial Review
As the Agent of the Government Revenue from rental and under Air Navigation (Special concessions made up 37% of the Total Airport Revenue Provisions) Act No. 11 of 1983, total turnover, while recording a 13% Company presently maintains three increase of rental income compared Rs. Mn. 7,000 sets of Accounts. to 2008. 6,000 1. Company Accounts Due to the sharp decrease in market 5,000 interest rates, interest income
2. Retained Revenue Fund which contributed 9.5% to the total 4,000 Accounts on Funds retained for turnover last year, decreased to on going Capital Projects 8.6% in this year. 3,000
2,000 3. Voted Fund Accounts on During the year under review contributions for Airport embarkation income increased 1,000 Development through the by 4% while total passenger 0 National Budget movements reduced by 8.6% due 2006 2007 2008 2009 to the number of transit passengers The accounts would be declining from 862,578 to 575,912. amalgamated once the formalities under the Cabinet Decision of Revenue - Category Wise August, 2005 are completed. 2009 vs 2008
The following review has been done based on the financial statements of the company. 2009 2008
Turnover The Total turnover before accounting for payments made Aeronautical Revenue 24% Aeronautical Revenue 25% to the Treasury on account of BIA Non Aeronautical Revenue 67% Non Aeronautical Revenue 65% development loans have marginally Other Income 9% Other Income 11% dropped by 1% in the year 2009 to Rs. 6,796 Mn. compared to Rs. 6,845 Mn. recorded in the previous Several strategic measures have Operating Expenses year. Eventhough a decline of Rs. been taken to generate additional AASL being a service oriented 79 Mn. was recorded in aeronautical revenue during the year. The organisation, the personnel revenue, the positive growth of non company has made strategic expenses have been on an average aeronautical revenue in the 2nd maneuvers to secure new revenue of 66 % of the total expenditure. half of 2009 contributed to the total from sources like the renting out of Personnel expenditure in 2009 revenue being almost identical as a new cargo building to Sri Lankan has been Rs.2,663 Mn. as against last year. Airlines and restructuring the lounge Rs.2,935 Mn. in 2008, recording a facility and operation of a new decline of Rs.272 Mn. mainly due transit hotel.
38 Airport and Aviation Services (Sri Lanka) Ltd. Expenditure Structure consultancy services for Phase 2 2009 vs 2008 Stage II BIA Development Project expenditure which amounted to Rs.395 Mn.
2009 2008 • Payment of Rs. 200 Mn. and Rs. 1,305 Mn. to Treasury as dividends and government debt servicing respectively. Personnel 66% Personnel 70% Administrative 10% Administrative 7% Establishment - Electricity 13% Establishment - Electricity 13% Establishment - Other 4% Establishment - Other 4% Repairs & Maintenance 5% Repairs & Maintenance 5% Depreciation 2% Depreciation 1% to additional gratuity expenditure Dividend provided in 2008 after the salary Rs.200 Mn. was paid as dividend to revision. the General Treasury during the year under review. Furthermore, all the business and service units have been heavily Changes in Accounting Policy focusing on the cutting down of With effect from January 1, 2009 extra costs in 2009, as a result; the the company decided to capitalise company was able to limit the total all items of assets costing more than operational expenditure to Rs.4,051 Rs.10,000/- as Fixed Assets. Lower Mn. with a marginal decrease value assets are treated as inventory of Rs.169 Mn. in comparison to items and charged to the Income Rs.4,220 Mn. in 2008. Statement as expenditure, so that more focus could be given to the Profitability monitoring of high value assets. The company recorded a profit before tax of Rs.1,441 Mn. for Cash Flow Statement the year ended December 31, Net cash outflow of Rs. 38 Mn. 2009 which is a decrease of 17% recorded in the year under review compared to the profit before tax of was mainly due to followings: Rs.1,742 Mn. in 2008. This is mainly due to the increase of payments • Payment on account of Property, made to the Treasury on account of Plant & Equipment in 2009 has BIA development loans amounting been Rs. 631 Mn. The major to Rs.1,305 Mn. in 2009 as against component of this has been Rs. 884 Mn. in 2008. the payments for post design &
Annual Report 2009 39 Ten Year Summary
2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 (Rs. Mn.) (Rs. Mn.) (Rs. Mn.) (Rs. Mn.) (Rs. Mn.) (Rs. Mn.) (Rs. Mn.) (Rs. Mn.) (Rs. Mn.) (Rs. Mn.)
INCOME STATEMENT Total Revenue (Net) 5,491 5,961 5,340 4,454 2,619 2,402 1,885 1,633 1,463 1,229 Staff Cost (2,663) (2,935) (1,985) (1,576) (1,325) (1,285) (1,069) (980) (915) (716) Other Cost (1,387) (1,285) (886) (758) (624) (561) (592) (652) (485) (282) Operating Profit before Tax 1,441 1,742 2,469 2,120 670 555 224 1 63 231 Taxation (506) (573) (961) (747) (246) (290) (93) (41) (84) (113) Profit / (Loss) after Tax 934 1,169 1,508 1,373 423 265 131 (40) (21) 118
Earnings per Share Rs. 4,672 5,843 7,542 6,865 2,115 1,324 654 (202) (107) 590
BALANCE SHEET Non Current Assets Property, Plant & Equipment 939 377 160 109 128 162 160 183 199 186 Diferred Income Tax Assets 701 677 416 368 ------Total Non Current Assets 1,639 1,054 576 477 128 162 160 183 199 186
Current Assets Inventories 233 183 148 148 153 146 122 109 106 108 Trade & Other Receivables 1,942 1,687 1,058 840 576 555 455 272 286 178 Amounts due from Related Parties 48 65 14 - - - - 76 16 12 Short Term Investments 4,564 4,583 4,069 2,764 1,418 1,335 886 481 460 410 Cash & Bank Balances 400 416 548 530 14 9 - 1 - 22 Total Current Assets 7,187 6,934 5,838 4,282 2,160 2,045 1,463 939 868 730
TOTAL ASSETS 8,826 7,989 6,415 4,759 2,289 2,207 1,623 1,122 1,067 916
Liabilities & Share Holders Equity Share Capital 20 20 20 20 20 20 20 20 20 20 Reserves 92 92 92 92 92 92 92 92 92 92 Dividend Proposed/Paid 200 200 100 - 160 120 - - - - Accumulated Profit / (Loss) 5,790 5,055 4,079 2,660 986 723 578 338 378 366 Total Shareholders Equity 5,901 5,167 4,190 2,772 1,098 955 690 450 490 478
Non-Current Liabilities Govt. Grants & Deferred Liabilities 1,976 1,883 1,184 933 799 772 530 401 323 219 Interest Bearing Borrowings - - - - 1 3 - - - - Total Non Current Liabilities 1,976 1,883 1,184 933 800 775 530 401 323 219
Current Liabilities Trade & Other Payables 692 632 536 409 305 301 267 257 211 180 Amounts Due to related Parties 134 43 37 34 15 7 9 - - - Income Tax Liability 120 264 468 609 19 167 124 7 37 38 Interest Bearing Borrowings - - - 1 1 1 - - - - Bank Overdrafts 3 - - - 52 1 3 7 6 1 Total Current Liabilities 949 939 1,041 1,053 391 477 403 271 254 219
TOTAL EQUITY & LIABILITIES 8,826 7,989 6,415 4,759 2,289 2,207 1,623 1,122 1,067 916
Return on Net Assets % 16 23 36 50 39 28 19 (9) (4) 25 Net Profit Ratio % 17 20 28 31 16 11 7 (2) (1) 10 Earning Per Share Rs. 4,672 5,843 7,542 6,865 2,115 1,324 654 (202) (107) 590 Current Ratio Times 7.6 7.4 5.6 4.1 5.5 4.3 3.6 3.5 3.4 3.3 Quick Assets Ratio Times 7.3 7.2 5.5 3.9 5.1 4.0 3.3 3.1 3.0 2.8 Total Income to Total Expenditure Times 1.4 1.4 1.9 1.9 1.3 1.3 1.1 1.0 1.0 1.2
40 Airport and Aviation Services (Sri Lanka) Ltd. Profitability Total Assets & Return on Total Assets Profit After & Before Tax
Rs. Mn. Rs. Mn. % Rs. Mn. 7,000 10,000 35 3,000
9,000 6,000 30 2,500 8,000 25 5,000 7,000 2,000 20 6,000 4,000 1,500 5,000 15 3,000 1,000 4,000 10 2,000 3,000 500 5 2,000 1,000 0 0 1,000
0 0 -5 -500 00 01 02 03 04 05 06 07 08 09 00 01 02 03 04 05 06 07 08 09 00 01 02 03 04 05 06 07 08 09 Revenue Total Assets PBT Expenditure Return on Total Assets PAT PBT
Net Assets & Return on Net Assets Current Assets vs. Current Liabilities Profitability & Earnings Per Share
Rs. Mn. % Rs. Mn. Rs. Mn. % 7,000 60 8,000 8,000 35
7,000 6,000 50 7,000 30 6,000 40 6,000 25 5,000 5,000 30 5,000 20 4,000 4,000 20 4,000 15 3,000 3,000 10 3,000 10 2,000 2,000 0 2,000 1,000 5 1,000 -10 1,000 0 0
0 -20 0 -1,000 -5 00 01 02 03 04 05 06 07 08 09 00 01 02 03 04 05 06 07 08 09 00 01 02 03 04 05 06 07 08 09 Net Assets CL Earnings Per Share Return on Total Assets CA Profitability
Capital Employed Assets Employed
Rs. Mn. Rs. Mn. 9,000 8,000
8,000 7,000 7,000 6,000 6,000 5,000 5,000 4,000 4,000 3,000 3,000 2,000 2,000
1,000 1,000
0 0 00 01 02 03 04 05 06 07 08 09 00 01 02 03 04 05 06 07 08 09 Share Holders Fund Non-Current Assets Non Current Liabilities Current Assets Current Liabilities Annual Report 2009 41 The BIA handles nearly 30,000 international flights, with airlines flying through Colombo, making Sri Lanka an important airport hub in the region.
42 Airport and Aviation Services (Sri Lanka) Ltd. Connect through Colombo Annual Report 2009 43 Human Resources
AASL, operating in the Aviation Services industry, firmly believes Rewards that its success primarily depends on its employees. The high level of commitment of the AASL staff Performance Learning & Resource & Knowledge Appraisal enables us to maintain stringent Development operational and safety standards Management as required by the International Civil Aviation monitoring bodies Training & such as ICAO. The highly skilled Development and qualified staff continues to be provided with continuous training and enthusiastic response for job We have therefore taken measures facilities in order to enhance their opening and acceptance of job to plan and implement numerous skills and motivational levels. offers in the year 2009 due to the training programmes internally enhanced remuneration package and externally through overseas Being an equal opportunity introduced in mid 2008. workshops in order to give the employer the company strives employees the necessary exposure to acquire the best skilled, most Training and Development of this global industry. As an outstanding and talented personnel When the achievement of the organisation, we believe that through a stringent selection organisation’s objectives is supporting our staff and giving them process, and various assessment considered in the context of the possibility to experience new for all positions. Key performance specific quantitative measures and challenges and environments helps indicators which gear the employees divisional level objectives, training them discover their inner potential towards high performance goals and development is regarded as and ability to handle very varied helps this become a win win the catalyst that bridges the gap situations. The organisation spent situation for both the employer and between targeted achievement and over Rs. 18 Mn for local training and the employee. current performance. over Rs. 33 Mn for overseas training during the year 2009. We strive to develop our human assets to meet the current strategic requirements and standards in the aviation industry. We use very specific tactics of resourcing, knowledge management, learning and development, performance and rewards management, engagement and employee relations to achieve these high targets.
Our reputation of meeting our employees’ needs has gone a long way and we saw a better Awarding a Trophy at Aviation Security Passing Out
44 Airport and Aviation Services (Sri Lanka) Ltd. This is implemented by way of planned training schedules that are within Board approved budgetary allocations. The number of training hours completed in 2009 are as follows:
Type of 2009 2008 training (In hours) (In hours) Local- 25,972 10,016 External Local- In 11,000 10,104 House Team building activity at the Outbound Training. Foreign 3,000 3,556 Training hours per employee their skills on how to resolve Foreign 24 22 conflicts of values. The training Local 24 13 programme which took place outside the office environment used We believe that providing training adventure as a means to develop to our valued employees is an employee skills. investment with a productive Return on Investment (ROI) but not a cost. The training records of each employee is maintained, updated AASL's employee overall turnover regularly and analysed to ensure level stood at 3.2% in 2009 (3.6% that the necessary skills and in 2008) which is considerably a knowledge is monitored at lower rate. Voluntary Employee appropriate intervals and action turnover level was at 0.9% in 2009 taken to improve skills as required. (1.5% in 2008) which indicates the
Building Self Confidence at Outbound Training.
Our Outward Bound training programmes coached 300 employees including the Executive staff in the opening programme series conducted in the year 2009. The training was aimed at helping the employees develop their values of compassion, responsibility, Aeronautical Information Services Training at CATC integrity, teamwork while increasing
Annual Report 2009 45 Human Resources continued.
Staff Strength
Description No. of % Employees Skilled & semi 1,664 52.29 skilled Minor & 466 14.64 Unskilled Executive 191 6.00 Supervisors/ 268 8.42 Technical officers Clerical & 593 18.64 Practical Training Session at CATC Allied Total 3,182 100 voluntary cessations of employment Employee Statistics due to resignations. This shows that Age analysis we have achieved our objectives Staff Strength established at the revision of the Age Group No of % remuneration structure in the year Employees 2008. Below 20 11 0.35 21 - 30 656 20.61 Description 2009 2008 31 - 40 1,069 33.60 Staff Strength 3,182 3,132 41 - 50 1,015 31.90 Staff Growth 1.6% 4.37% 51 - 56 422 13.25 57 - 60 5 0.16 Staff Turnover 3.20 3.60 Executives 6% Staff Voluntary 0.98 1.51 Above 60 4 0.13 Supervisors/ Technical Officers 8% Turnover Total 3,182 100 Clerical & Allied 19% Skilled & Semi Skilled 52% Minor & Unskilled 15% AASL provides counselling services Age Analysis of through professional counsellors Employees to its employees in all counselling Human Resource Information aspects including career, financial, System retirement and stress management. AASL has taken steps to External and Internal counsellors implement a fully integrated Human provide services to our valued Resources Information System employees in order to strengthen with the objective of enhancing them to understand and explore the quality and the productivity of their own customised solutions 56-51 13% Human Resources Management for work related and/or non-work 50-41 32% process. With this system in place, related day to day problems/ 40-31 34% 30-21 21% the management will have easy difficulties. approach to customised Human Resources information for fast decision making and simultaneously
46 Airport and Aviation Services (Sri Lanka) Ltd. all other will enjoy with the No of Years of Service information exchange facilities through a fully automated system.
Employee Relations We recognise and respect our employees’ right to collective bargaining and encourage free and frank dialogue across all grades. Above 20 22% The management maintains strong 15-20 17% and cordial relations with all Trade 10-15 15% Unions and Associations. 05-10 19% Below 5 27% Performance Management In order to maintain our superior quality services in, it becomes imperative that our valued employees are continuously motivated to increase their standard of performance. AASL has endeavoured in improving the existing performance management system in accordance with the company corporate objectives. The prospective performance management system will effectively benefit in achieving both individual and organisational objectives.
No of years of No of service employees Below 5 864 05 - 10 607 10 - 15 477 15 - 20 525 Above 20 709 Total 3,182
Annual Report 2009 47 Corporate Social Responsibility
Giving Back to the Community As an entity owned by the Government of Sri Lanka, AASL takes great pride in engaging in a wide range of activities that give back to the community. We consider this to be an integral part of the Company’s business strategy – our corporate goals and performance. Our Corporate Social Responsibility (CSR) initiatives take on a broad approach; sociological, Construction of Kovinna Bridge economical, humanitarian and artistic. We believe in investing in and maintaining quality standards the Road Development Authority to CSR projects and areas that will not in accordance with stakeholder build an alternative road accessing only provide instant relief to people, requirements. The Environmental Katunayake via Averiwatta. but also have a long lasting impact Management Plan for the BIA Connecting the bus terminal and on their lives. implemented since October 1, railway station, this initiative enabled 2009, contributes to minimise the smoother commuting for individuals As with every year, AASL allocates a adverse effects of global warming employed in Board of Investment certain percentage the Company’s and environment pollution. This (BOI) Companies and transportation bottom-line to successfully ultimately creates an eco friendly- of cargo to the BIA. AASL was also implement its CSR activities. airport in every aspect. requested to fund the construction of a bridge over the Kovinna Oya, Building the Nation’s Future With the dawn of peace and which will facilitate efficient cargo AASL believes in promoting the prospects of national development, movement of entities located in importance of caring for the the Company granted Rs. 45 Mn. to the Free Trade Zone. Developing nation’s natural resources, not only for current but also future generations. In keeping with this, the Company set up a state-of-the- art Sewerage Treatment Plant to; avoid discharge of organic pollutant toxins into streams, and minimise contamination and disruption to ecosystems around the BIA vicinity. Organic water originating from the BIA premises is also directed towards the Plant. The Waste Water Management System includes testing monitoring modifications, upgrading the treatment system The house constructed at Galaboda, Matara.
48 Airport and Aviation Services (Sri Lanka) Ltd. common infrastructure facilities for commuters in the vicinity also has the added benefit of enhancing the social welfare schemes of the Company.
The Company has always played a key role in the rehabilitation of the armed forces since the end of the war. In recognition of their services to the nation, the Seva Vanitha Unit of the AASL constructed a much needed house in Galaboda, Educating Students on Navigation at an Exhibition Matara for the family of a deceased soldier. Approximately Rs. 1 Mn was AASL played an important role in the Temple of the Tooth Relic in spent on this well-deserved charity a vocational training workshop for Kandy and the Esala Festival of the project. school leavers organised by the Surinduni Kataragama – two of the Divisional Secretariat, Negombo. In key religious places of worship in Educating Young Minds commemoration of World Children’s the country. The Company was also The Company has identified the Day, AASL also sponsored the ‘Daru the main supporter of the drama - importance of fostering the growth Dari’ publication of the Children’s “Valapenu Nova Galavenu Pinisa” and the educational needs of young Development Fund in October. This (“Not to Repent but for Salvation”) people, as they are significant event showcased the exceptional that was staged in commemoration for the future development of the skills of the children and a of Easter at the Kapungoda Church, nation. Since the inauguration of collection of articles. The Company Negombo. the construction of the Hambantota understands the importance of early International Airport (HIA) in Mattala childhood development and with In an age where many traditional in November 2009, the Company this in mind, donated medicine and forms of sculpture, theatre and became conscious of the poor other necessities to the Haburugala music are no longer prominent, living standards of the people in the Primary School. AASL takes pride in playing a area. Many of the schools lacked significant role in sustaining the basic facilities such as adequate Fostering a Rich Heritage country’s valuable musical heritage. buildings and effective drainage The Company recognises the value The Company sponsored a musical systems. AASL took positive steps of the rich, cultural heritage that event for a leading musician, in in upgrading the Palle Mattala makes Sri Lanka a nation known recognition of the service rendered Primary School and created for its diversity. This legacy also in sustaining traditional forms of awareness on the importance of plays a central role in the thriving cultural knowledge, for the future education. Many more plans and tourism industry as it is an incentive generation. funds will be channeled towards this to increase passenger arrivals to worthy cause in the coming year, the Island. AASL was yet again with the hope of increasing school the proud sponsor of key cultural attendance among the students in events such as the Perehara of the Mattala area.
Annual Report 2009 49 Indulge in any one of the BIA’s many services - shop, have a drink and relax while on transit in Colombo.
Stopover in Colombo 50 Airport and Aviation Services (Sri Lanka) Ltd. Stopover in Colombo Annual Report 2009 51 Corporate Governance
Our Approach and Principle 1: Leadership and independent of management and Commitment Direction free from any business or other Airport and Aviation Services (AASL) The company’s business and relationship, which could materially being a fully owned government operations are managed under interfere with the exercise of their company, its Board is responsible the supervision of the Board, judgment. to the government for the strategic which consists of members with guidance and oversight of the experience and knowledge in the The Board is supplied with company. The Board is responsible areas of business management and complete, adequate information for taking business decisions finance governance appointed by relating to matters to be brought within a framework of effective the Minister of Ports and Aviation in before the Board, copies of accountability and transparency in line with the Articles of Association. disclosure documents, forecasts the process of meeting our core The Chairman who leads the and financial statements in advance objective of maximising value for our Corporate Governance policies of of each meeting to enable them to stakeholders. the organisation and is responsible make informed decisions. for providing leadership to the Board All our Corporate Governance is appointed by the Minister, Vice All the Departments of the company practices are tested to ensure that Chairman and Executive Director(s) were divided among the three it leads the company to encourage are appointed among by the Board. Executive Directors to have greater the value creation, innovation, supervision and a proper control economic development and an The Board of Directors executes over them. enhanced standard of quality and a statutory responsibility in the service to our customers and the stewardship of the company on Matters reserved for the public. behalf of the Government and its leadership of the Board include: stakeholders. Its principle functions a) Providing the vision and the Code of the Company is guided are: direction for the company based by the Corporate Governance on its specific mission as spelt Regulatory framework a) To lead the company towards out in the Air Navigation Special recommended by the Department achieving its vision. Provisions Act No. 11 of 1983 of Public Enterprises and the b) To oversee the management, and how best it could serve the Ministry of Finance. This governance operations and development of interests of the Government and framework is underpinned by five the company. other stakeholders. (05) core principles within which the company is conducted. Independence of the Board: b) Ensuring that legal requirements The Board comprises of 08 are fulfilled and the company 1. Leadership and Direction. Directors, of which 05 are Non- operates in accordance with the 2. Transparency, Integrity and Risk Executive Directors and 03 provisions of the Companies Act Management. Executive Directors. The Executive No. 7 of 2007/ Memorandum 3. Accountability to the government and Non-Executive Directors and Articles of Association. as its key shareholder. provide considerable depth of 4. Recognising the legitimate knowledge collectively gained from c) Framing policies for interests of stakeholders. experience in a variety of public and implementation by the 5. Timely and balanced disclosure private companies. management, in order to achieve optimum returns and benefits to All Non-Executive Directors the government and other key are independent and they are stakeholders.
52 Airport and Aviation Services (Sri Lanka) Ltd. d) Reviewing public policy met, if results are not matched reviewing of the annual audit objectives periodically and with desired expectations. plans, monitoring and evaluating providing strategic direction to internal control systems for all formulate long-term goals and d) Appointing competent personnel activities of the entity and assessing objectives for future growth. as Managers and ensuring that performance at regular intervals for there is adequate delegation and cost effectiveness and to eliminate e) Ensuring financial discipline and team spirit amongst the Senior wasteful expenditure. Others productive use of all resources. Management, by providing an include liaising with external auditors environment that is conducive and reporting on Management f) Guaranteeing adequate to carry out respective functions Letters issued by the Auditor accountability by maintaining independently and responsibly. General and external auditors, sufficient records and books of asserting compliance with statutes, accounts. e) Attending Committee on Public regulations, rules and circulars, Enterprises (COPE) meetings reviewing financial statements to g) Asserting that an effective risk and Parliamentary Consultative ensure conformity with Accounting management system is in place, Committee (PCC) meetings. Standards and assessing to insulate the company against implementation of recommendations disruptions, setbacks etc. The Role of the Audit and and directives of the Committee On Management Committee (AMC) Public Enterprises. The Board is responsible for as a Board Committee: the overall management of the The Board is assisted by the Audit The Audit and Management company through established and Management Committee (AMC) Committee (AMC) comprises of effective systems of control, which has been set up according two Non-Executive Directors, Chief the implementation of which to the Treasury Circular No PF/PE Accountant of Ministry of Ports and is shared amongst Senior 3 of 19/11/1999. This committee Aviation, Head of Human Recourses Managers. is made up of Non-Executive and Legal and the Head of Internal Directors delegated with specific Audit and Quality Assurance (H/IA Matters reserved for the Board in responsibilities cited in the Terms & QA). The two members are, Mr. this capacity include: of Reference (TOR) which defines Aelian Nanayakkara (Chairman) and a) Ensuring that Board policies are its scope of authority. This includes Mr. R.P.L. Weerasinghe who have executed in the same spirit as determination of the responsibilities been appointed by the Board. it was framed and in the best of the Internal Audit Unit and interests of the institution and the public at large. Name of the Member Position Held b) Monitoring the activities of the AASL AMC Management by means of Mr. Aelian Nanayakkara Non-Executive Director Chairman Management Information reports Mr. R. P. L. Weerasinghe Non-Executive Director Member and evaluating performance to Mr. S. M. Chandrapala Chief Accountant Member ensure that the company is on (Ministry of Ports & Aviation) track in its operations. Mrs. M .C. G. Mahipala H/HR & Legal Member c) Taking remedial action without Mr. C. Wannigama H/IA & QA Member/ Convener delays to ensure that goals are
Annual Report 2009 53 Corporate Governance continued.
The Board receives a report of process by evaluating the adequacy, The IA & QA undertook many the Committee’s proceedings and integrity and effectiveness of assignments during the year under deliberations, in which it has no internal controls, while ensuring review covering the aforementioned authority to make decisions on that standards of quality for certain areas. matters reserved specifically for areas of the airport services are the Board and recommendations satisfactorily met. The audit activities Principle 3: Accountability to are highlighted for approval by the include: the Government as the Key Board of Directors. The Chairman of Stakeholder this committee, reports the outcome • Reviewing strategic plans, As a fully owned government of the committee meetings to the business processes and company, accountability to the Board and the relevant decisions are improving initiatives. Government is exercised by the incorporated into the minutes of the following mechanism: Board of Directors’ meetings. • The IA & QA Division ensure that major decisions undertaken Parliament The AMC held 04 meetings during by the Board of Directors are Annual Reports of the company the financial year 2009. implemented effectively. should be tabled in Parliament within 150 days from the end of the The activities conducted by the • Evaluating and making financial year as per the Treasury Audit Committee are set our under recommendations on risk Circular PE/PF 21 dated May 24, principle 2: Transparency, Integrity assessment over management 2002 for review. and Risk Management. decisions and activities under the purview of each division of COPE Principle 2: Transparency, the AASL, to the AMC and the The Parliamentary Committee Integrity and Risk Chairman of the AASL. on Public Enterprises (COPE) Management is empowered to review the Independent verification to • Making observations on risk performance of the company, to safeguard the integrity of the assessment by external auditors assess the extent to which the company’s financial reporting, which in respect of systems and company achieves performance demands enhanced governance, controls. targets and fulfills social accountability and transparency is responsibilities. When summoned assured by the AMC. • Adhoc and periodic financial by the COPE, the Chairman, reviews with respect to income Directors and Senior Managers Internal Audit and expenditure and its together with the Secretary to the AMC is strongly supported by recognition as well as reporting. Ministry – the Chief Accounting an established Internal Audit Officer – should be present at the and Quality Assurance (IA & QA) • Undertaking quality audits reviews, to respond to any queries Division. The Head of IA & QA regarding selected airport and matters of concern regarding functionally reports to the AMC and facilities and airport services. the activities of the company. During administratively to the Chairman. the year they were summoned • Review of procurement by the committee for one such The main focus of the IA & QA is to procedures in compliance meeting. provide independent assurance on with the National Procurement the overall system of internal control, Agency guidelines. risk management and governance
54 Airport and Aviation Services (Sri Lanka) Ltd. PCC the company and in this capacity 2. Fulfilling the responsibilities of the The Parliamentary Consultative regularly reviews the following Government, acting as the agent Committee (PCC) on Aviation matters with the Board. of airport operations. has the power to request the Chairman, Board of Directors and 1. Corporate Plan and Budgets. 3. Promptly meeting obligations Senior Managers of the company to creditors and financial to be present at meetings of the 2. Physical and financial institutions. Committee, to clarify queries performance of the current year. raised on any matters of interest or 4. Consistently meeting obligations concern regarding the operations of 3. Auditor General’s Report in relation to fair trading and the company. (on Voted Fund accounts) ensuring a level playing field and Management Letter (on when dealing with suppliers and Minister of Finance / General Company and Retained Revenue other service providers. Treasury Accounts). The Minister of Finance or the 5. Ensuring ethical business General Treasury on his behalf is 4. Development activities practices affecting the responsible for financial discipline undertaken during the year. community. in the public sector, including public enterprises. A Treasury 5. Matters arising from meetings of 6. Carrying out all operations and representative is appointed to the the COPE. activities as stipulated by law Board to monitor performance, and following best practices as ensure compliance with statutes, Principle 4: Recognise appropriate. rules and regulations etc. and to the legitimate interests of report on any matters of concern to stakeholders 7. Non-discriminatory treatment of the Minister. The company recognises the all airport users. legal and other obligations to all Mr. R P L Weerasinghe, the legitimate stakeholders including the Principle 5: Timely and Treasury representative performed Government as the key shareholder, Balanced Disclosure this function during the year under non-shareholder stakeholders such The company’s established policies review. as employees, users of the airport and procedures ensure compliance (including airlines, passengers with the disclosure requirements of The ultimate responsibility and the business community who all laws and regulations, including for monitoring the financial run their businesses inside the the circulars stipulated in the management and control of Public airport) suppliers and other service Department of Public Enterprises Enterprises lies in the hands of the providers and the community as a of the General Treasury while Department of Public Enterprises whole. providing timely information for (DPE), General Treasury. prudent decision making. The It demonstrates its commitment to Department of IA & QA monitors Ministry of Ports & Aviation appropriate corporate practices, and makes recommendations on The Secretary of the Ministry of which comprise of the following any deviations. Ports and Aviation as the Chief areas: Accounting Officer is accountable to the Government for the financial 1. Due diligence by the Board and administration and management of Management to the regulatory framework.
Annual Report 2009 55 Risk Management
AASL, like any other operator of East Asian Region. Unless we use Operational Risk Airports is exposed to a great modern technology in providing Air AASL, as an airport service provider, extent to Business, Technological, Navigational Services to the aircraft invariably has to depend on the Legal and Financial risks. Our operating within our FIR there is a level of passenger movements and organisational risk management is risk of major airlines shifting their aircraft movements in securing aligned with our business strategy operations to other South East its revenue. In an environment of and our risk management culture is Asian FIRR. a global economic recession, the embedded into all our operations. number of leisure travellers and The Company has a clear policy for Unlike in the other industries, the business travellers are bound to assessing, evaluating and taking technology used in providing air drop significantly, thus affecting appropriate measures to manage navigational services improves the business of airport service risk. rapidly and as a result there providers. AASL continues to is always a risk of high value monitor market conditions and is equipment becoming obsolete, even always on the lookout to attract new Assess before the completion of its effective sources of revenue e.g. operation of life span. Therefore, it is the policy budget carriers to BIA. of AASL to consider technological
Evaluate advancement as a matter of In order to minimise any adverse Risk Management utmost importance in evaluating effects on the profitability of the Measure and procuring high valued air company, measures have been navigational equipment and other taken to manage the costs of sophisticated equipments, in order the ever increasing power and Manage to optimise such investments. energy used by the company. The company carried out an energy Legal Risk saving exercise and was successful Any lapses and omissions in in saving 6.5% of energy in the year Technological Risk providing airport and air navigational 2009 compared to 2008. When AASL, being the only international services could lead to substantial quantified this saving amounts to Airport in Sri Lanka, is enjoying a legal claims by the users of the 2.25 Gwh and more than Rs. 50 monopoly market condition with airport, specially the airlines. As Mn. at the current rates. regard to aircraft movement in and such the Legal Department of AASL out of Sri Lanka. But, we have together with Legal Professionals Security risk due to terrorist activities clearly identified the importance of serving in the Board provides are minimised thanks to vigilant being on par with the technological guidance, review and direction to security screenings supported by advancement of the other leading safe-guard the organisation against high tech equipments. airports in the region. exposure to unexpected material loss; monetary or non-monetary, Risk of Capital Projects Due to the geographical location tangible or intangible arising The capital intensive airport of our island, the FIR coming from the legal consequences of business demands the sound under the purview of Sri Lanka transactions entered into. management of heavy investments is comparatively large and it required for infrastructure projects. covers busy and important air navigational routes in the South
56 Airport and Aviation Services (Sri Lanka) Ltd. There are also fixed running the employer. There is a tendency costs tied to the operation and from other Airports to offer attractive maintenance of airport facilities. employment opportunities to such trained staff. The Company The most common risk factors attempts to mitigate consequences hindering the progress of a project of such issues by motivating staff as against the Proposed Project with substantial remunerations both Life Cycle (PPLC) emerge from the financial and non financial. external environment: insolvency of the contractor, significant decrease Financial Risk in demand, unforeseen economic In order to manage the exposure and urban conditions, changes in to foreign exchange risk mainly legislative authority, stakeholder on repayment of foreign loans, objections (environmental, labour the company adopts a policy of etc.) or pressure group reactions maintaining substantial investments to name a few. In order to mitigate in foreign currency. Almost all the said external risks, AASL takes customers of the company are proactive measures by developing required to furnish Bank Guarantees a greater understanding of project and Security Deposits to cover their challenges, opportunities and credit. As a measure to discourage structures. debtors from effecting late settlements the Company charges Assessing the project in the context default interest rates at a higher rate of its strategic plan, developing than the normal banking lending goals and revising them when rates. needed, designing a feasibility study and along with creating a value and Financial risk due to interest rate risk management plan, are steps fluctuation are minimised as the taken to mitigate the internal risks government guaranteed loans are associated with projects. obtained at concessionary rates to finance all major development Human Resources Risk projects. With the usage of advanced technology and modern equipment in providing services it becomes necessary to attract suitably qualified and experienced personnel and provide them with continuous special equipment related training both locally and abroad hence incurring substantial costs which benefit both the employees and
Annual Report 2009 57 58 Airport and Aviation Services (Sri Lanka) Ltd. Financial Information Company Accounts 61 Auditors’ Report 62 Income Statement 63 Balance Sheet 64 Statement of Changes in Equity 65 Cash Flow Statement 66 Notes to the Financial Statements Retained Revenue Fund Accounts 84 Auditors’ Report 85 Income Statement 86 Balance Sheet 87 Cash Flow Statement 88 Notes to the Financial Statements Voted Fund Accounts (Development Projects) 96 Auditor General’s Report 100 Income & Expenditure Statement 101 Balance Sheet 102 Cash Flow Statement 103 Summary of Significant Accounting Policies 104 Notes to the Accounts 107 Explanatory Notes on the Report of the Auditor General Company Accounts
61 Auditors’ Report 62 Income Statement 63 Balance Sheet 64 Statement of Changes in Equity 65 Cash Flow Statement 66 Notes to the Financial Statements
60 Airport and Aviation Services (Sri Lanka) Ltd. Auditors’ Report
GGSM/CDW/DSA/JJ
INDEPENDENT AUDITOR’S REPORT TO THE SHAREHOLDERS OF AIRPORT AND AVIATION SERVICES (SRI LANKA) LIMITED Report on the Financial Statements We have audited the accompanying financial necessary for the purposes of our audit. We therefore statements of Airport and Aviation Services (Sri Lanka) believe that our audit provides a reasonable basis for Limited which comprise the balance sheet as at 31 our opinion. December 2009, and the income statement, statement of changes in equity and cash flow statement for Opinion the year then ended, and a summary of significant In our opinion, so far as appears from our examination, accounting policies and other explanatory notes. the Company maintained proper accounting records for the year ended 31 December 2009 and the financial Management’s Responsibility for the Financial statements give a true and fair view of the Company’s Statements state of affairs as at 31 December 2009 and its profit Management is responsible for the preparation and and cash flows for the year then ended in accordance fair presentation of these financial statements in with Sri Lanka Accounting Standards. accordance with Sri Lanka Accounting Standards. This responsibility includes: designing, implementing and Without qualifying our opinion, we draw attention to, maintaining internal control relevant to the preparation and fair presentation of financial statements that are (a) Note 2.1.1 to the financial statements, on the free from material misstatement, whether due to fraud Company having initiated the process to implement or error; selecting and applying appropriate accounting the cabinet approval granted in 2005 to amalgamate policies; and making accounting estimates that are the assets and liabilities of the Airports and the reasonable in the circumstances. Company and, Scope of Audit and Basis of Opinion (b) Note 5.2 to the Financial Statements, on the Our responsibility is to express an opinion on these settlement of a loan amounting to Rs. 500 Mn financial statements based on our audit. We conducted granted by the Company. our audit in accordance with Sri Lanka Auditing Standards. Those standards require that we plan and Report on Other Legal and Regulatory perform the audit to obtain reasonable assurance Requirements whether the financial statements are free from material In our opinion, these financial statements also comply misstatement. with the requirements of Section 151(2) of the Companies Act No. 07 of 2007. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. 06 May 2010 We have obtained all the information and explanations Colombo. which to the best of our knowledge and belief were
Annual Report 2009 61 Income Statement Year Ended 31 December 2009
Note 2009 2008 Rs. Rs.
Revenue 12 4,860,582,144 5,176,842,748
Other Income 13 630,235,141 784,388,448 5,490,817,285 5,961,231,196
Staff Cost (2,662,564,708) (2,934,843,564)
Repairs and Maintenance Expenses (213,780,359) (216,005,030)
Administration and Establishment Expenses (1,173,657,371) (1,068,663,845)
Profit Before Tax 14 1,440,814,847 1,741,718,757
Income Tax Expenses 15 (506,460,333) (573,071,725)
Profit for the year 934,354,514 1,168,647,032
Earnings Per Share - Basic 16 4,671.73 5,843.18
The accounting policies and notes on pages 66 through 82 form an integral part of the financial statements.
62 Airport and Aviation Services (Sri Lanka) Ltd. Balance Sheet As at 31 December 2009
Note 2009 2008 Rs. Rs.
ASSETS Non-Current Assets Property, Plant and Equipment 3 938,524,649 377,338,982 Deferred Tax Asset 15.2 700,558,084 676,984,586 1,639,082,733 1,054,323,568
Current Assets Inventories 4 232,619,790 182,964,114 Trade and Other Receivables 5 1,989,841,638 1,752,220,239 Investments in Treasury Bills /Bonds Repurchase Agreements and Fixed Deposits 4,564,267,053 4,583,401,518 Cash and Bank Balances 400,223,621 415,904,695 7,186,952,102 6,934,490,566 Total Assets 8,826,034,835 7,988,814,134
EQUITY AND LIABILITIES Equity Attributable to Equity Holders Stated Capital 6 20,000,200 20,000,200 Reserves 7 91,624,459 91,624,459 Retained Earnings 5,789,772,121 5,055,417,607 Total Equity 5,901,396,780 5,167,042,266
Non-Current Liabilities and Deferred Income Retirement Benefit Liability 9 1,947,374,895 1,880,482,400 Deferred Government Grants 10 28,468,828 2,468,828 1,975,843,723 1,882,951,228
Current Liabilities Trade and Other Payables 11 825,552,337 674,401,991 Income Tax Liabilities 120,272,336 264,418,649 Interest Bearing Liabilities 8 2,969,659 - 948,794,332 938,820,640 Total Equity and Liabilities 8,826,034,835 7,988,814,134
These Financial Statements are in compliance with the requirements of the Companies Act No :07 of 2007.
Finance Officer
The Board of Directors is responsible for the preparation and presentation of these Financial Statements. Signed for and on behalf of the Board by.
Director Director
The accounting policies and notes on pages 66 through 82 form an integral part of the financial statements.
06 May 2010 Colombo
Annual Report 2009 63 Statement of Changes in Equity Year ended 31 December 2009
Stated Other Retained Total Note Capital Reserves Earnings Rs. Rs. Rs. Rs.
Balance as at 31 December 2007 20,000,200 91,624,459 4,078,563,698 4,190,188,357
Effect on adoption of - SLAS 16 (Revised) 9 - - (191,793,123) (191,793,123)
Profit for the year - - 1,168,647,032 1,168,647,032
Balance as at 31 December 2008 20,000,200 91,624,459 5,055,417,607 5,167,042,266
Dividend for the year - - (200,000,000) (200,000,000)
Profit for the year - - 934,354,514 934,354,514
Balance as at 31 December 2009 20,000,200 91,624,459 5,789,772,121 5,901,396,780
The accounting policies and notes on pages 66 through 82 form an integral part of the financial statements.
64 Airport and Aviation Services (Sri Lanka) Ltd. Cash Flow Statement Year ended 31 December 2009
Note 2009 2008 Rs. Rs.
Cash Flows From / (Used in) Operating Activities Profit before Income Tax Expense 1,440,814,847 1,741,718,757
Adjustments for Depreciation 3 70,062,774 56,274,551 Capital Expenditure Written Off 3 - 22,302,682 Provision for Non Moving Stock 3,657,863 3,501,870 Provision/(Reversal) for Doubtful Debts 115,470,588 72,106,012 Income from Investments (489,683,422) (647,294,979) (Profit)/Loss on sales of Property, Plant and Equipment (25,010) (1,126,643) Amortization of deferred government grants 10 (500,000) (232,568) Provision for Defined Benefit Plan 9 157,398,280 597,152,053 Operating Profit before Working Capital Changes 1,297,195,920 1,844,401,735 (Increase)/ Decrease in Inventories (53,313,538) (38,054,391) (Increase)/ Decrease in Trade and Other Receivables (335,185,407) (714,968,252) Increase/ (Decrease) in Trade and Other Payables 151,150,346 101,789,850 Cash Generated from Operations 1,059,847,321 1,193,168,942
Defined Benefit Plan Costs paid 9 (90,505,782) (89,647,343) Taxes Paid (674,180,147) (1,037,662,278) Net Cash From Operating Activities 295,161,392 65,859,321
Cash Flows from / (Used in) Investing Activities Acquisition of Property, Plant and Equipment (631,248,582) (295,762,685) Proceeds from Sale of Property, Plant and Equipment 25,150 1,331,004 Interest Received 471,776,842 610,621,374 Net Cash Flows from Investing Activities (159,446,590) 316,189,693
Cash Flows from /(Used in) Financing Activities Dividends Paid (200,000,000) - Grant received during the year 10 26,500,000 - Net Cash Flow from/(used in) finance activities (173,500,000) -
Net Increase/(Decrease) in Cash and Cash Equivalents (37,785,198) 382,049,014
Cash and Cash Equivalents at the beginning of the year 17 4,999,306,213 4,617,257,199 Cash and Cash Equivalents at the end of the year 17 4,961,521,015 4,999,306,213
The accounting policies and notes on pages 66 through 82 form an integral part of the financial statements.
Annual Report 2009 65 Notes to the Financial Statements Year ended 31 December 2009
1. CORPORATE INFORMATION 1.1 General Airport and Aviation Services (Sri Lanka) Limited (“Company”) is a limited liability Company incorporated and domiciled in Sri Lanka. The registered office of the Company is located at Bandaranaike International Airport, Katunayake.
1.2 Principal Activities and Nature of Operations During the year, the principal activities of the Company were Management of Airports at internationally accepted standards, provision of Air Navigational Services for inbound Aircraft and Aircraft flying through the Sri Lanka Flight Information Region (FIR) and providing other necessary facilities to the uses of the Airports.
1.3 Date of Authorisation for Issue The Financial Statements of Airport and Aviation Services (Sri Lanka) Limited for the year ended 31 December 2009 were authorised for issue in accordance with a resolution of the Board of Directors on 06 May 2010.
2. GENERAL POLICIES 2.1 Basis of Preparation These financial statements presented in Sri Lanka Rupees have been prepared on a historical cost basis unless otherwise indicated. The preparation and presentation of these Financial Statements is in compliance with the Companies Act. No. 07 of 2007.
2.1.1 According to the Cabinet Approval dated August 17, 2005 the process for amalgamation of assets and liabilities of the Airport with those of the Company has already been initiated, with the revaluation of Airport assets being in progress along with the necessary legislative amendments as follows.
a) The Company has commenced the valuation of assets through the chief valuer as per the directive under paragraph 3.6 of the said cabinet memorandum.
b) The Company has requested that the Ministry of Ports and Aviation take the necessary action to initiate the statutory amendments mentioned under paragraph 3.5 of the said cabinet memorandum.
According to the conditions of the cabinet approval entire Airport Revenue with the exception of 1/3rd of Embarkation levy accrues to the Company, while the funding for Airport Debts servicing is provided to the Treasury out of this revenue until the completion of the aforementioned amalgamation at which point all airport assets and the associated liabilities would be reflected in the books of the Company.
2.1.2 Statement of Compliance The balance sheet, statements of income, changes in equity and cash flows, together with accounting policies and notes, (“Financial Statements”) of the Company as at 31 December 2009 and for the year then ended, comply with the Sri Lanka Accounting Standards, except for the effects on the financial statements of the matter referred to in Note 2.1.1 to these financial statements.
2.1.3 Comparative Information The accounting policies have been consistently applied by the Company with those used in the previous year. Certain prior year figures and phases have been re-arranged whenever necessary to conform to the current year’s presentation.
66 Airport and Aviation Services (Sri Lanka) Ltd. 2.2 Summary of Significant Accounting Policies 2.2.1 Foreign Currency Translation The Financial Statements are presented in Sri Lanka Rupees, which is the Company’s functional and presentation currency. Transactions in foreign currencies are initially recorded at the functional currency rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the functional currency rate of exchange ruling at the balance sheet date. All differences are taken to profit or loss. Non monetary items that are measured in terms of historical cost in a foreign currency are translated using the exchange rates as at the dates of the initial transactions. Non monetary items measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined.
2.2.2 Taxation Current Taxes Current income tax assets and liabilities for the current and prior periods are measured at the amount expected to be recovered from or paid to the Commissioner General of Inland Revenue. The tax rates and tax laws used to compute the amount are those that are enacted or substantively enacted by the balance sheet date.
The provision for income tax is based on the elements of income and expenditure as reported in the financial statements and computed in accordance with the provisions of the Inland Revenue Act.
Deferred Taxation Deferred income tax is provided, using the liability method, on temporary differences at the balance sheet date between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes.
Deferred income tax liabilities are recognised for all taxable temporary differences except where the deferred income tax liability arises from the initial recognition of an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither the accounting profit nor taxable profit or loss.
Deferred income tax assets are recognised for all deductible temporary differences, carry-forward of unused tax assets and unused tax losses, to the extent that it is probable that taxable profit will be available against which the deductible temporary differences, and the carry-forward of unused tax assets and unused tax losses can be utilised except where the deferred income tax asset relating to the deductible temporary difference arises from the initial recognition of an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither the accounting profit nor taxable profit or loss.
The carrying amount of deferred income tax assets is reviewed at each balance sheet date and reduced to the extent that it is no longer probable that sufficient taxable profit will be available to allow all or part of the deferred income tax asset to be utilised.
Deferred income tax assets and liabilities are measured at the tax rates that are expected to apply to the year when the asset is realised or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted at the balance sheet date.
Deferred income tax relating to items recognised directly in equity is recognised in equity and not in the income statement.
Sales Tax Revenues, expenses and assets are recognised net of the amount of sales tax except where the sales tax incurred on a purchase of assets or service is not recoverable from the taxation authorities in which case the sales tax is recognised as a part of the cost of the asset or part of the expense items as applicable and receivable and payable are stated with the amount of sales tax included. The amount of sales tax recoverable and payable in respect of taxation authorities is included as a part of receivables and payables in the Balance Sheet.
Annual Report 2009 67 Notes to the Financial Statements contd. Year ended 31 December 2009
2.2.3 Borrowing Costs Borrowing costs are recognised as an expense in the period in which they are incurred.
2.2.4 Inventories Inventories are valued at cost after making due allowances for obsolete and slow moving items.
Spare parts and consumables for fire equipment brought before 31.12.2003 are valued based on a valuation and thereafter on weighted average basis.
The cost incurred in bringing inventories to its present location and condition are accounted using the weighted average basis other than fuel which is valued at FIFO basis.
Company has made allowances for all inventories which are non-moving for more than 10 years.
2.2.5 Trade and Other Receivables Trade receivables are stated at the amounts they are estimated to realise net of allowances for bad and doubtful receivables.
Other receivables and dues from Related Parties are recognised at cost less allowances for bad and doubtful receivables.
2.2.6 Cash and Cash Equivalents Cash and cash equivalents are defined as cash in hand, demand deposits and short term highly liquid investments, readily convertible to known amounts of cash and subject to insignificant risk of changes in value.
For the purpose of cash flow statement, cash and cash equivalents consist of cash in hand and deposits in Banks net of outstanding Bank overdrafts. Investments with short maturities i.e. three months or less from the date of acquisition are also treated as cash equivalents.
2.2.7 Property, Plant and Equipment Plant and equipment is stated at cost, excluding the costs of day to day servicing, less accumulated depreciation. Such cost includes the cost of replacing part of the plant and equipment when that cost is incurred, if the recognition criteria are met.
Depreciation is calculated on a straight line basis over the useful life of the assets.
When each major inspection is performed, its cost is recognised in the carrying amount of the plant and equipment as a replacement if the recognition criteria are satisfied.
An item of property, plant and equipment is derecognised upon disposal or when no future economic benefits are expected from its use or disposal. Any gain or loss arising on derecognition of the asset (calculated as the difference between the net disposal proceeds and the carrying amount of the asset) is included in the income statement in the year the asset is derecognised.
The asset’s residual values, useful lives and methods of depreciation are reviewed, and adjusted if appropriate, at each financial year end.
68 Airport and Aviation Services (Sri Lanka) Ltd. 2.2.8 Provisions Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, where it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. If the effect of the time value of money is material, provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and, where appropriate, the risks specific to the liability. Where discounting is used, the increase in the provision due to the passage of time is recognised as an interest expense.
2.2.9 Retirement Benefit Obligations a) Defined Benefit Plan – Gratuity The Company annually measures the present value of the promised retirement benefits for gratuity, which is a defined benefit plan using the Gratuity Formula in Appendix E of Sri Lanka Accounting Standard No 16, Employee Benefits (Revised 2006) which is based on the Projected Unit Credit Method as discussed in the said Standard.
The item is stated under retirement benefit liability in the Balance Sheet.
b) Defined Contribution Plans – Employees’ Provident Fund & Employees’ Trust Fund Employees are eligible for Employees’ Provident Fund Contributions and Employees’ Trust Fund Contributions in line with the respective statutes and regulations. The Company contributes 12% and 3% of gross emoluments of employees to Employees’ Provident Fund and Employees’ Trust Fund respectively.
2.2.10 Grants & Subsidies Grants and subsidies related to assets, including non-monetary grants at fair value are deferred in the Balance Sheet and credited to the Income Statement over the useful life of the asset.
2.2.11 Impairment of Non Financial Assets The Company assesses at each reporting date whether there is an indication that an asset may be impaired. If any such indication exists, or when annual impairment testing for an asset is required, the Company makes an estimate of the asset’s recoverable amount. An asset’s recoverable amount is the higher of an asset’s or cash-generating unit’s fair value less costs to sell and its value in use and is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets. Where the carrying amount of an asset exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount.
Impairment losses of continuing operations are recognised in the income statement in those expense categories consistent with the function of the impaired asset.
For assets, an assessment is made at each reporting date as to whether there is any indication that previously recognised impairment losses may no longer exist or may have decreased. If such indication exists, the Company makes an estimate of recoverable amount. A previously recognised impairment loss is reversed only if there has been a change in the estimates used to determine the asset’s recoverable amount since the last impairment loss was recognised. If that is the case the carrying amount of the asset is increased to its recoverable amount. That increased amount cannot exceed the carrying amount that would have been determined, net of depreciation, had no impairment loss been recognised for the asset in prior years. Such reversal is recognised in the income statement.
Annual Report 2009 69 Notes to the Financial Statements contd. Year ended 31 December 2009
2.3 Revenue Recognition Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue and associated costs incurred or to be incurred can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable net of trade discounts and sales taxes. The following specific criteria are used for the purpose of recognition of revenue.
a) Rendering of Services Revenue from rendering of services is recognised in the accounting period in which the services are rendered or performed.
b) Interest Interest Income is recognised as the interest accrues unless collectibility is in doubt.
c) Rental income Rental income is recognised on an accrual basis.
d) Franchise Fee and Concessions Franchise fees and concessions are recognised on an accrual basis in accordance with the substance of the relevant agreement or memorandum of understanding.
e) Others Other income is recognised on an accrual basis.
2.4 Effect Of Sri Lanka Accounting Standards Issued But Not Yet Effective: The following standards have been issued by the Institute of Chartered Accountants of Sri Lanka and are effective for the accounting periods on the dates specified below.
a) Sri Lanka Accounting Standard 44 Financial Instruments; Presentation (SLAS 44) and Sri Lanka Accounting Standard 45 Financial Instruments; Recognition & Measurement (SLAS 45) SLAS 44 and 45 becomes effective for financial years beginning on or after 1 January 2011. Accordingly, the Financial Statements for the year ending 31 December 2011 will adopt SLAS 44 and 45, for the first time.
These two standards together provide comprehensive guidance on identification, classification, measurement and presentation of financial instruments (including Derivatives) into financial assets, financial liabilities and equity instruments.
Due to the complex nature of the effects of these standards, the impact of adoption cannot be estimated as at the date of publication of these financial statements.
b) Sri Lanka Accounting Standard 39- Share Based Payments (SLAS 39)- SLAS 39- Share based payments, effective for periods beginning on or after 1 January 2010 will be first adopted in the year ending 31 December 2010. This standard requires an expense to be recognised where the Company buys goods or services in exchange for shares or rights over shares (equity –settled transactions), or in exchange for other assets equivalent in value to a given number of shares or rights over shares ( cash- settled transactions). For equity-settled share-based payment transactions, the Company is required to apply SLAS 39 for grants of shares, share options or other equity instruments that were granted after 1 January 2010.
The Company is in the process of evaluating the impact of this standard. However, it is unlikely that this Standard will have a material impact on the financial statements.
70 Airport and Aviation Services (Sri Lanka) Ltd. Balance Additions Disposals/ Balance As at /Transfers Transfers As at 01.01.2009 31.12.2009 Rs. Rs. Rs. Rs.
3. PROPERTY, PLANT AND EQUIPMENT 3.1 Gross Carrying Amounts At Cost Buildings 15,691,166 22,649,515 - 38,340,681 Plant and Machinery 153,684,626 4,062,944 (2,766,818) 154,980,752 Motor Vehicles 241,321,879 414,929 - 241,736,808 Furniture and Fittings 78,143,732 3,841,754 (5,735) 81,979,751 Office Equipment 117,357,895 13,613,931 - 130,971,826 Communication Equipment 137,702,319 15,354,243 - 153,056,562 Fire and Safety Equipment 33,673,861 5,309,779 - 38,983,640 Training Equipment 6,852,057 - - 6,852,057 Other Equipment 124,681,486 5,977,321 - 130,658,807 Fencing and Gates 2,272,842 3,750,980 - 6,023,822 Cargo Village Equipment Installation Cost 14,894,420 - - 14,894,420 Roads and Roadways 38,337,830 - - 38,337,830 Structures 2,817,156 1,528,995 - 4,346,151 Water Supply & Drainage System - 1,575,800 - 1,575,800 Total Value of Depreciable Assets 967,431,269 78,080,191 (2,772,553) 1,042,738,907
Balance Incurred Balance As At During As At 01.01.2009 the Year Transfers 31.12.2009 Rs. Rs. Rs. Rs.
3.2 In the Course of Construction Capital Work in Progress 58,723,924 588,179,126 (35,010,735) 611,892,315 Total Gross Carrying Amount 1,026,155,193 666,259,317 (37,783,288) 1,654,631,222
Annual Report 2009 71 Notes to the Financial Statements contd. Year ended 31 December 2009
Balance Charge Balance As At for the Disposals/ As at 01.01.2009 Year Transfers 31.12.2009 Rs. Rs. Rs. Rs.
3.3 Depreciation At Cost Buildings 413,070 1,917,034 - 2,330,104 Plant and Machinery 74,062,312 24,354,817 (2,766,754) 95,650,375 Motor Vehicles 228,891,855 4,189,080 - 233,080,935 Furniture and Fittings 49,630,420 5,402,830 (5,658) 55,027,592 Office Equipment 97,398,790 8,446,593 - 105,845,383 Communication Equipment 57,383,154 13,413,472 - 70,796,626 Fire and Safety Equipment 25,530,836 2,134,505 - 27,665,341 Training Equipment 6,801,932 - - 6,801,932 Other Equipment 95,616,341 5,909,942 - 101,526,283 Fencing and Gates 399,454 752,977 - 1,152,431 Cargo Village Equipment Installation Cost 11,356,867 884,388 - 12,241,255 Roads and Roadways 1,163,857 1,916,892 - 3,080,749 Structures 167,323 543,269 - 710,592 Water Supply & Drainage System - 196,975 - 196,975 Total Depreciation 648,816,211 70,062,774 (2,772,412) 716,106,573
2009 2008 Rs. Rs.
3.4 Net Book Values At Cost Buildings 36,010,577 15,278,096 Plant and Machinery 59,330,377 79,622,314 Motor Vehicles 8,655,873 12,430,024 Furniture and Fittings 26,952,159 28,513,312 Office Equipment 25,126,443 19,959,105 Communication Equipment 82,259,936 80,319,165 Fire and Safety Equipment 11,318,299 8,143,025 Training Equipment 50,125 50,125 Other Equipment 29,132,524 29,065,145 Fencing and Gates 4,871,391 1,873,388 Cargo Village Equipment Installation Cost 2,653,165 3,537,553 Roads and Roadways 35,257,081 37,173,973 Structures 3,635,559 2,649,833 Water Supply & Drainage System 1,378,825 - 326,632,334 318,615,058 In the Course of Construction Capital Work in Progress 611,892,315 58,723,924 611,892,315 58,723,924 Total Carrying Amount of Property, Plant and Equipment 938,524,649 377,338,982
72 Airport and Aviation Services (Sri Lanka) Ltd. 2009 2008
3.5 The useful lives of the assets is estimated as follows Buildings Over 20 Years Over 20 Years Plant and Machinery Over 04 Years Over 04 Years Motor Vehicles Over 04 Years Over 04 Years Furniture and Fittings Over 08 Years Over 08 Years Office Equipment Over 04 Years Over 04 Years Communication Equipment Over 08 Years Over 08 Years Fire & Safety Equipment Over 08 Years Over 08 Years Training Equipment Over 04 Years Over 04 Years Other Equipment Over 08 Years Over 08 Years Fencing and Gates Over 08 Years Over 08 Years Cargo Village Equipment Installation Cost Over 20 Years Over 20 Years Roads and Roadways Over 20 Years Over 20 Years Structures Over 08 Years Over 08 Years Water Supply & Drainage System Over 08 Years -
3.6 During the financial year, the Company acquired Property, Plant & Equipment to the aggregate value of Rs. 631,248,582/-, (2008 - Rs. 295,762,685/-) for cash.
3.7 Property, Plant & Equipment includes fully depreciated assets having a gross carrying amount of Rs. 572,013,646/-, (2008 Rs. 553,546,452/-)
2009 2008 Rs. Rs.
4. INVENTORIES General 41,566,767 40,210,120 Electronics 98,007,712 65,202,801 Engineering 98,800,839 88,489,658 Fuel 3,219,376 4,605,542 Fire 19,555,455 15,597,013 Goods in Transit 18,291,668 12,023,145 Less : Allowance for Slow moving Stock (46,822,027) (43,164,165) 232,619,790 182,964,114
5. TRADE AND OTHER RECEIVABLES Trade Debtors - Other 1,164,242,431 978,701,020 Less: Provision for Doubtful Debts (241,734,158) (170,891,088) 922,508,273 807,809,932 Other Debtors - Related Parties (5.1) 48,000,000 65,023,937 - Other (5.2) 913,828,838 756,941,009 Advances and Prepayments 87,761,008 63,497,109 Less: Provision for Doubtful Debts (63,897,337) (19,269,819) Loans to Company Officers 81,640,856 78,218,071 1,989,841,638 1,752,220,239
Annual Report 2009 73 Notes to the Financial Statements contd. Year ended 31 December 2009
2009 2008 Rs. Rs.
5.1 Other dues receivable from Related Parties Relationship Retained Revenue Fund Common Management - 2,917,621 Voted Fund Common Management 48,000,000 62,106,316 48,000,000 65,023,937
5.2 This balance includes a loan of Rs. 500 Mn granted during the year 2008 to Mihin Lanka (Pvt) Limited, which remains outstanding as at 31 December 2009. Secretary to the Ministry of Ports & Aviation has confirmed that the funds required to settle dues by Mihin Lanka (Pvt) Ltd to Airport & Aviation Services (SL) Ltd, has been granted approval by the cabinet at the meeting held on 30 September 2009 to allocate the required funds in to the budget estimate 2010 and Ministry of Ports & Aviation would take action to settle such dues. Further, during the year 2009 an amount of Rs. 96.75 Mn has been accrued as interest on such loan which also remains outstanding as of 31 December 2009.
2009 2008 Number Rs. Number Rs.
6. STATED CAPITAL Fully Paid Ordinary Shares 200,002 20,000,200 200,002 20,000,200 200,002 20,000,200 200,002 20,000,200
2009 2008 Rs. Rs.
7. RESERVES Net Assets taken over from Airports Authority 91,624,459 91,624,459 91,624,459 91,624,459
This reserve represents the net assets transferred to the Company from the Airports Authority which was dissolved upon the incorporation of the Company.
2009 2009 2009 2008 2008 2008 Amount Amount Total Amount Amount Total Repayable Repayable Repayable Repayable Within 1 Year After 1 Year Within 1 Year After 1 Year Rs. Rs. Rs. Rs. Rs. Rs.
8. Interest Bearing Liabilities Bank Overdrafts (17.2) 2,969,659 - 2,969,659 - - - 2,969,659 - 2,969,659 - - -
74 Airport and Aviation Services (Sri Lanka) Ltd. 2009 2008 Rs. Rs.
9. RETIREMENT BENEFIT LIABILITY Retirement Benefits Obligation-Gratuity As at beginning of the year 1,880,482,400 1,181,184,567 Effect on adoption of - SLAS 16 (Revised) - 191,793,123 Gratuity Charge 140,101,872 135,618,732 Interest Cost 214,374,994 129,930,302 Payments made during the year (90,505,785) (89,647,343) (Gain)/ Loss arising from changes in the Assumptions (197,078,585) 331,603,019 As at end of the year 1,947,374,895 1,880,482,400
The employee benefits liability of the Company is based on the Gratuity Formula method in appendix E of SLAS 16 - Employee Benefits. The principle assumptions used in determining the cost of employee benefits were:
2009 2008
Discount Rate 11.4% 11.0% Future Salary Increases 12.0% 11.79% Staff Turnover 3.0% 4.0% Retirement Age 57 years 57 years
2009 2008 Rs. Rs.
10. DEFERRED GOVERNMENT GRANTS Treasury Grant At the beginning of the year (10.1) 2,468,828 2,701,396 Grant Received during the year (10.2) 26,500,000 - Less : Amortised during the year (500,000) (232,568) At the end of the year 28,468,828 2,468,828
10.1 The Company received this grant in 1992 for an expansion in Cargo Village. This grant has been deferred over the useful life of the Cargo Village Equipments, which is estimated as 20 years.
10.2 The development of the 2nd International Airport at Mattala commenced in the year 2009. Accordingly, in the year 2009 Rs. 26.5 Mn. has been received from the Government in relation to the said project. Amortisation of these funds will commence on completion of the aforesaid project.
2009 2008 Rs. Rs.
11. TRADE AND OTHER PAYABLES Trade Payable - Others 44,760,917 3,192,578 Other Payables - Related Parties (11.1) 133,692,695 42,767,394 Refundable Deposits 143,913,519 136,867,459 Sundry Creditors including Accrued Expenses 503,185,206 491,574,560 825,552,337 674,401,991
Annual Report 2009 75 Notes to the Financial Statements contd. Year ended 31 December 2009
2009 2008 Rs. Rs.
11.1 Other dues Payable to Related Parties Relationship Retained Revenue Fund Common Management 44,874,751 33,768,178 Voted Fund Common Management 88,817,944 8,999,216 133,692,695 42,767,394
12. REVENUE Aeronautical 1,618,683,972 1,698,491,363 Non-Aeronautical 3,233,995,582 3,472,287,567 4,852,679,554 5,170,778,930 Miscellaneous Revenue 7,902,590 6,063,818 4,860,582,144 5,176,842,748
12.1 Aeronautical & Non-Aeronautical Revenue Government Revenue Landing Charges 1,071,305,973 1,113,389,956 Landing Charges - Domestic 6,819,468 7,752,157 Over Flying Charges 368,708,778 309,582,477 Entry Permits 134,472,689 105,986,860 Parking Fees - Vehicles 46,344,170 51,187,136 Total 1,627,651,078 1,587,898,586
Company Revenue Embarkation Levy 1,532,582,025 1,477,410,025 Less : Amount paid to Treasury (2.1.1) (1,305,393,197) (883,866,744) 227,188,828 593,543,281
Rental 1,323,014,505 1,169,802,726 Concession 1,057,146,511 1,155,656,581 Aerobridge Charges 171,849,746 267,766,773 Turnover Payment - SLCS 10% 15,141,889 16,493,548 Franchise Fee on Ground Handling - SLA 145,051,536 103,063,419 Ground Handling - Domestic - RMA/BIA 40,898,069 57,523,070 Franchise Fee - SLCS 4% 96,028,349 110,521,933 Other Aeronautical Income 148,709,043 108,509,013 Total 3,225,028,476 3,582,880,344
Total Aeronautical and Non-Aeronautical Revenue 4,852,679,554 5,170,778,930
12.2 Aeronautical Revenue comprises of Landing, Landing - Domestic, Over Flying and Aerobridge Charges.
76 Airport and Aviation Services (Sri Lanka) Ltd. 2009 2008 Rs. Rs.
13. OTHER INCOME Interest on Treasury Bills/Bonds Under Repurchase Agreements 221,290,679 426,953,549 Interest on USD Fixed Deposits 155,282,274 113,334,627 Interest on Rupee Fixed Deposits 113,110,469 107,006,803 Interest on Staff Loans 3,024,647 2,690,604 Amortisation of Government Grant 500,000 232,568 Operating Profit/ (Loss) on Fuel Filling Station (Note 13.1) (1,299,462) 4,617,968 Other Interest Income 96,750,000 - Exchange Gain 41,576,534 129,552,329 630,235,141 784,388,448
13.1 Operating Profit on Fuel Filling Station Sales 650,554,182 834,894,284 Less: Turnover Tax (82,635) (80,855) 650,471,547 834,813,429 Less : Cost of Sales (639,983,017) (818,482,617) Gross Profit 10,488,530 16,330,812 Less : Personnel & Administration Expenses (11,819,892) (11,750,844) Sundry Income 31,900 38,000 Operating Profit (1,299,462) 4,617,968
14. PROFIT/(LOSS) BEFORE TAX Stated after Charging /(Crediting) Allowance/(Reversal) for Doubtful Debts 115,470,588 72,106,012 Depreciation 70,062,774 56,274,551 Personnel Costs includes - Directors’ Emoluments 8,663,995 7,288,160 - Defined Benefit Plan Costs -Gratuity 157,398,280 597,152,053 - Defined Contribution Plan Costs - EPF & ETF 233,577,961 220,862,632 Legal Fees 1,604,137 2,303,236 (Profit)/Loss on Disposal of Property, Plant and Equipment (25,010) (1,126,643) Donations 390,308 7,547,718 Work in Progress Written off - 22,302,682
Annual Report 2009 77 Notes to the Financial Statements contd. Year ended 31 December 2009
2009 2008 Rs. Rs.
15. INCOME TAX EXPENSE The major components of income tax expense for the years ended 31 December are as follows : Income Statement Current Income Tax Current Tax Charge (15.1) 532,560,324 786,808,185 Under/(Over) Provision of current taxes in respect of prior years (2,747,386) (13,312,006) 529,812,938 773,496,179 Deferred Income Tax Reversal in Respect of Deferred Taxation (Note 15.2) (23,573,501) (260,970,509) Deemed Dividend Tax 220,897 60,546,055 506,460,333 573,071,725
15.1 Reconciliation between Current Tax Expense/ (Income) and the product of Accounting Profit Accounting Profit (Profit Before Tax) 1,440,814,847 1,741,718,757 Aggregate Disallowed Items 363,472,061 727,798,315 Aggregate Allowable Expenses (149,490,118) (141,332,927) Aggregate Allowable Income - - Income not subject to Tax (155,682,579) (113,382,780) Taxable Profit 1,499,114,211 2,214,801,365
Statutory Tax Rate % 35% 35% Current Income Tax Expense 524,689,974 775,180,478 SRL 7,870,350 11,627,707 532,560,324 786,808,185
Balance Sheet Income Statement 2009 2008 2009 2008 Rs. Rs. Rs. Rs.
15.2 Deferred Tax and Income tax related to the following Deferred Tax Liability Capital allowance for the tax purpose 7,479,478 9,675,247 (2,195,769) (749,945) 7,479,478 9,675,247 (2,195,769) (749,945)
Deferred Tax Assets Defined Benefit Plan 681,517,076 658,168,840 (23,348,236) (244,754,242) Provision for Doubtful Stocks and Debtors 26,520,486 28,490,990 1,970,504 (15,466,322) 708,037,562 686,659,830 (21,377,732) (260,220,564)
Deferred income tax reversal (23,573,501) (260,970,509)
Reflected in the Balance Sheet as follows: Deferred Tax Assets 708,037,562 686,659,830 Deferred Tax Liability (7,479,478) (9,675,244) 700,558,084 676,984,586
78 Airport and Aviation Services (Sri Lanka) Ltd. 16. EARNINGS PER SHARE 16.1 Basic Earnings Per Share is calculated by dividing the net profit for the year attributable to ordinary shareholders by the weighted average number of ordinary shares outstanding during the year. The weighted average number of ordinary shares outstanding during the year and the previous year are adjusted for events that have changed the number of ordinary shares outstanding, without a corresponding change in the resources such as a bonus issue.
2009 2008 Rs. Rs.
16.2 The following reflects the income and share data used in the basic Earnings Per Share computation. Amount Used as the Numerator: Profit Attributable to Ordinary Shareholders 934,354,514 1,168,647,032
2009 2008 Number Number
Number of Ordinary Shares Used as the Denominator: Weighted Average number of Ordinary Shares in issue 200,002 200,002
2009 2008 Rs. Rs.
17. CASH AND CASH EQUIVALENTS IN CASH FLOW STATEMENT Components of Cash and Cash Equivalents Favourable Cash & Cash Equivalents balance Fixed Deposits 3,166,123,134 3,053,539,763 Investments in Treasury Bills /Bonds Under Repurchase Agreements 1,398,143,919 1,529,861,755 4,564,267,053 4,583,401,518 Cash and Bank Balances 400,223,621 415,904,695 4,964,490,674 4,999,306,213 Unfavourable Cash & Cash Equivalents balance Bank Overdraft (2,969,659) - (2,969,659) - Total Cash and Cash Equivalents For the Purpose of Cash Flow Statement 4,961,521,015 4,999,306,213
18. COMMITMENTS AND CONTINGENCIES 18.1 Capital Expenditure Commitments
18.1 a The Company has purchase commitments for acquisition of Property, Plant and Equipment incidental to ordinary course of business as at 31 December, as follows. 2009 2008 Rs. Rs.
Contracted but not Provided for - 10.39 Mn Authorised by the Board, but not Contracted for 2,464.35 Mn 3,688.71 Mn 2,464.35 Mn 3,699.10 Mn
Annual Report 2009 79 Notes to the Financial Statements contd. Year ended 31 December 2009
18.1 b Company has entered in to a contract with China Harbour Engineering Company Limited, to construct a New Airport at Mattala for a sum of US $ 209 Mn.
18.2 Contingencies i) The Company is the defendant in the following lawsuits filed against the Company. Although there can be no assurance, the directors believe, based on the information currently available, that the ultimate resolution of such legal procedures would not likely have a material adverse effect on the results of operations, financial position or liquidity. Accordingly no provision for any liability has been made in these financial statements.
a) Members of the United Taxi Services Ltd, have filed 133 cases against the Company demanding Rs. 62 Mn for breach of contract. Court order which directed AASL to pay Rs. 40,000/- each to the plaintiffs of two cases in district court order. Court Negombo appeals filed by AASL against the district court order.
b) Arbitration in progress, as a result of a matters raised by Buildmart Lanka (Pvt) Ltd. against the Company demanding Rs. 13 Mn., for termination of Contract. The ruling has been made against the Company and ordered to pay Rs. 5,622,112/-. Presently the Company is in the process of appealing.
c) Several cases filed by ex-employees against the Company demanding re-instatement with back wages for termination of employment are being heard at the Labour Tribunal.
d) The family of a deceased passenger has filed a case against the Company and three other defendants claiming Rs.50 Mn as compensation.
e) Arbitration in progress, as a result of a matter raised by Vasiri Construction Co. against the Company demanding Rs. 1.4Mn. respectively, for termination of Contract.
f) Arbitration in progress, filed by Sri Lanka Nidahas Sevaka Sangamaya, asking special allowance for employees who are so far not entitled for an allowance.
g) An appeal filed against a district Court Judgment regarding a bond violation case. If the appeal is not decided in favour of AASL, Company will not be able to recover Rs. 2,758,000/-
h) An appeal filed against a Court Judgment regarding a bond violation case. If the appeal is not decided in favour of AASL, Company will not be able to recover Rs. 1,000,000/-.
19. EVENTS OCCURRING AFTER THE BALANCE SHEET DATE There have been no material events occurring after the Balance Sheet date that require adjustments to or disclosure in the financial statements.
80 Airport and Aviation Services (Sri Lanka) Ltd. 20. RELATED PARTY disclosures The Company manages the Retained Revenue Fund and Voted Fund on behalf of the government. Expenses incurred by the Company in respect of those are reimbursed on an actual basis. The balances from and due to related parties are disclosed in note 5 and 11 respectively.
Entities in which significant Entities either controlled or influence is held by the Company* in which significant influence is held by the State** 2009 2008 2009 2008 Rs. Rs. Rs. Rs.
Balance Sheet Assets Property, plant and equipment - WIP - Tranfered for Mattala project 10,537,719 - - - Investments - - 4,564,267,052 4,583,401,520 Trade & Other Receivables - Deposits Received - - 13,232,209 10,618,917 - Fund transfers for the acquisition of Land 43,000,000 - - - Loans Granted - - 500,000,000 500,000,000 Interest Receivable - - 96,930,000 -
Liabilities Trade & Other Payables - Advances Received - - 28,726,759 28,507,982 - Fund Transfers for Loan Repayments 83,000,000 - - -
Income Statement Aeronautical Revenue - - 598,979,902 812,581,443 Non-Aeronautical Revenue - - 791,331,716 701,817,335 Embarkation Levy - - 1,532,582,025 1,477,410,025 Payments made to the Treasury - - 1,305,393,197 883,886,744 Supply of Goods & Services - 140,917 1,874,955,327 2,007,514,086 Interest Income - - 586,643,422 647,294,979 Taxes - - 1,008,733,514 1,350,107,456 Reimbursement of Expenses and Claims 13,887,516 55,638,335 - - Reimbursement of Taxes - 1,608,898 - -
* Entities in which significant influence is held by the Company includes the Voted Fund & the Retained Revenue Fund. The management of these funds are performed by Airport & Aviation Services (Sri Lanka) Ltd.
Annual Report 2009 81 ** In carrying out normal operations, the Company has entered in to transactions including the supply and purchase of various goods and services, the receipt entitled of Embarkation Levy with entities which is either controlled or in which significant influence is held by the State. This includes Bank of Ceylon, Ceylon Petroleum Corporation, Ceylon Electricity Board, Employees Provident Fund, Employee Trust Fund, National Water Supply and Drainage Board, Provincial Councils, Sri Lanka Telecom, Department of Inland Revenue, Sri Lanka Handicraft Board, Department of Government Printing, Sri Lanka Land Reclamation and Development Corporation, Board of Investment, Civil Aviation Authority, Sri Lanka National Arbitration, University of Moratuwa, Sri Lanka Postal Department, Government Publication Bureau, District Secretariats, National Paper Company, Sri Lanka Ports Authority, Sri Lanka Tea Board, Sri Lankan Airlines Ltd, Sri Lankan Airlines Catering Services (Pvt) Ltd, People’s Bank, Department of Immigration & Emigration, Sri Lanka Customs, National Lotteries Board, Public Narcotic Bureau, National Gem & Jewellery Authority, National Plant Quarantine Service, Industrial Development Board, Ceylon Hotels Corporation, Sri Lanka Tourists Board, Sri Lanka Bureau of Foreign Employment and Sri Lanka Handicraft Board.
2009 2008 Rs. Rs.
20.1 Transactions with Key Management Personnel* Short-term employee benefits 8,663,995 7,288,160 8,663,995 7,288,160
* The key management personnel of the Company are the members of its Board of Directors.
82 Airport and Aviation Services (Sri Lanka) Ltd. Retained Revenue Fund Accounts
84 Auditors’ Report 85 Income Statement 86 Balance Sheet 87 Cash Flow Statement 88 Notes to the Financial Statements
Annual Report 2009 83 Auditors’ Report
GSM/CDW/DSA/JJ
AUDITORS’ REPORT TO THE MEMBERS OF AIRPORT AND AVIATION SERVICES (SRI LANKA) LIMITED
RETAINED REVENUE FUND An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial Report on the Financial Statements statements. An audit also includes assessing the We have audited the accompanying financial accounting principles used and significant estimates statements of Retained Revenue Fund, which comprise made by management, as well as evaluating the overall the balance sheet as at 31 December 2009, the income financial statement presentation. statement and cash flow statement for the year then ended, and a summary of significant accounting policies We have obtained all the information and explanations, and other explanatory notes. which to the best of our knowledge and belief were necessary for the purposes of our audit. We therefore Management’s Responsibility for the Financial believe that our audit provides a reasonable basis for Statements our opinion. Management is responsible for the preparation and fair presentation of these financial statements in Opinion accordance with Sri Lanka Accounting Standards. This In our opinion, excepts as described in notes 1.1, 1.3, responsibility includes designing, implementing and 3.1, and 5 so far as appears from our examination, the maintaining internal controls relevant to the preparation Fund maintained proper accounting records for the year and fair presentation of financial statements that are ended 31 December 2009 and the financial statements free from material misstatement, whether due to fraud give a true and fair view of the Fund’s state of affairs as or error; selecting and applying appropriate accounting at 31 December 2009 and its surplus and cash flows policies; and making accounting estimates that are for the year then ended in accordance with Sri Lanka reasonable in the circumstances. Accounting Standards.
Scope of Audit and Basis of Opinion Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Sri Lanka Auditing Standards. Those standards require that we plan and 06 May 2010 perform the audit to obtain reasonable assurance Colombo whether the financial statements are free from material misstatement.
84 Airport and Aviation Services (Sri Lanka) Ltd. Income Statement Year ended 31 December 2009
2009 2008 Rs. Rs.
Interest Income from Treasury Bills /Bonds under Repurchase Agreements 121,156,967 141,648,380
Administrative Expenses (159,331) (10,684,535)
Surplus for the year 120,997,636 130,963,845
The accounting policies and notes on pages 88 through 94 form an integral part of the financial statements.
Annual Report 2009 85 Balance Sheet As at 31 December 2009
Note 2009 2008 Rs. Rs.
ASSETS Non-Current Assets Projects Completed 2 2,841,275,854 2,680,722,866 Projects in Progress 2 8,271,667 171,862,727 2,849,547,521 2,852,585,593 Current Assets Receivables 3 69,612,425 58,717,915 Treasury Bills 1,027,824,446 907,532,314 Cash and Bank Balances 1,776,989 10,454,939 1,099,213,860 976,705,168 Total Assets 3,948,761,381 3,829,290,761
ACCUMULATED FUND AND LIABILITIES Accumulated Fund 4 3,873,380,908 3,752,383,272 Contributions from Other Sources 5 62,323,991 62,323,991 Total Fund 3,935,704,899 3,814,707,263
Current Liabilities Trade and Other Payables 6 13,056,482 14,583,498
13,056,482 14,583,498 Total Fund and Liabilities 3,948,761,381 3,829,290,761
The Board of Directors of Airport and Aviation Services (Sri Lanka) Limited is responsible for the preparation and presentation of these Financial Statements.
Signed for and on behalf of the Board by.
Director Director
On behalf of the Retained Revenue Fund
The accounting policies and notes on pages 88 through 94 form an integral part of the financial statements.
06 May 2010 Colombo
86 Airport and Aviation Services (Sri Lanka) Ltd. Cash Flow Statement Year ended 31 December 2009
Note 2009 2008 Rs. Rs.
Cash Flows From / (Used in) Operating Activities Surplus for the Year 120,997,636 130,963,845
Adjustments for Capital Expenditure written off - 12,651,996 (Profit)/Loss on disposal of Property, Plant and Equipment - 26,830 Interest Income from Treasury Bills /Bonds under Repurchase Agreements (121,156,967) (141,648,380) Operating Profit / (Loss) before Working Capital Changes (159,331) 1,994,291
(Increase) / Decrease in Receivables 507,543 2,628,682 Increase / (Decrease) in Trade and Other Payables (1,527,016) 636,029 Net Cash From / (Used in) Operating Activities (1,178,804) 5,259,002
Cash Flows from / (Used in) Investing Activities Interest Income Received 120,292,633 137,836,473 Investment in Treasury Bills (412,987,108) - Incurred on Projects 2 (7,499,647) (12,732,693) Proceeds from Disposal of Assets - 3,200 Net Cash Flows from / (Used in) Investing Activities (300,194,122) 125,106,980
Net Increase / (Decrease) in Cash and Cash Equivalents (301,372,926) 130,365,982
Cash and Cash Equivalents at the beginning of the year 7 917,987,253 787,621,271
Cash and Cash Equivalents at the end of the year 7 616,614,327 917,987,253
The accounting policies and notes on pages 88 through 94 form an integral part of the financial statements.
Annual Report 2009 87 Notes to the Financial Statements Year ended 31 December 2009
1. SIGNIFICANT ACCOUNTING POLICIES 1.1 Basis of Preparation The balance sheet, statements of income and cash flows, together with accounting policies and notes, (“Financial Statements”) of the Fund as at 31 December 2009 and for the year then ended comply with the Sri Lanka Accounting Standards other than as described below.
a) Under the Air Navigation Act, the management of capital assets has been entrusted to Airport and Aviation Services (Sri Lanka) Limited (AASL), but the ownership of the Assets remains with the Government of Sri Lanka. In the absence of recognition of income generated by utilising such assets employed in these Financial Statement an Income Statement fully compliant with SLAS, cannot be prepared and presented.
According to the cabinet approval dated May 4, 2005, the Government Revenue and Embarkation Levy, part of which was previously recognised under Retained Revenue Fund is, with effect from January 01, 2006, accounted for as revenue of Airport & Aviation Services (Sri Lanka) Limited (AASL).
b) According to the Cabinet approval dated August 17, 2005 the process for amalgamation of Assets and Liabilities of the Airports with those of AASL has already been initiated, with the revaluation of Airport Assets being in progress along with the necessary legislative amendments as follows. a) AASL has commenced the valuation assets of through the chief valuer as per the directive under paragraph 3.6 of the said cabinet memorandum.
b) AASL has requested that the Ministry of Ports and Aviation take the necessary actions to initiate the statutory amendments mentioned under paragraph 3.5 of the said cabinet memorandum.
c) Grants received have not been amortised as more fully described in Note 5.
1.2 Projects in Progress The Fund Capitalises the costs of developing projects under “project in progress”. These costs are transferred to property, plant and equipment when significant development activity is completed, or expensed at the time the Company determines that the particular project will no longer be viable/developed.
1.3 Projects Completed a) Cost Projects completed are recorded at cost. Accounting for depreciation on Projects Completed has not been effected in the financial statements due to the reason given under 1.1 above.
b) Depreciation A statement showing the notional depreciation charge for the year, the cumulative depreciation and written down value of assets as at 31/12/2009 has been prepared and shown in Note 2.
1.4 Income Statement 1.4.1 Interest Interest Income is recognised as the interest accrued (taking into account the effective yield on the asset) unless collectability is in doubt.
88 Airport and Aviation Services (Sri Lanka) Ltd. Balance Balance As at Additions/ As at 01.01.2009 Transfers Disposals 31.12.2009 Rs. Rs. Rs. Rs.
2. PROPERTY, PLANT AND EQUIPMENT 2.1 Gross Carrying Amounts Buildings 1,035,608,563 132,827,692 - 1,168,436,255 Communication Equipment 173,884,599 - - 173,884,599 Plant and Machinery 207,038,111 19,272,596 - 226,310,707 Structures 84,908,014 463,857 - 85,371,871 Equipment 61,011,557 4,274,033 - 65,285,590 Furniture 25,904,150 - - 25,904,150 Hangars 1,215,392 - - 1,215,392 Fixtures and Fittings 6,714,233 - - 6,714,233 Fencing and Gates 101,760,831 - - 101,760,831 Miscellaneous Capital Items 122,245,716 - - 122,245,716 Electrical Installation 23,654,107 2,303,829 - 25,957,936 Apron Expansion 237,338,300 1,400,901 - 238,739,201 Fire and Rescue Vehicles 47,909,963 - - 47,909,963 Motor Vehicles 16,789,531 - - 16,789,531 Road and Roadways 8,225,274 - - 8,225,274 Training Equipment 63,518,766 - - 63,518,766 Navigational Equipment 407,963,417 - - 407,963,417 Fire and Safety Equipment 4,968,264 - - 4,968,264 Water Supply System 50,064,078 10,080 - 50,074,158 Total Value of Depreciable Assets 2,680,722,866 160,552,988 - 2,841,275,854
Balance Incurred Balance As at during Transferred As at 01.01.2009 the Year Transfers to AASL 31.12.2009 Rs. Rs. Rs. Rs. Rs.
2.2 In the Course of Construction Projects in Progress 178,060,581 7,499,647 (160,552,988) (10,537,719) 14,469,521 Provision for Doubtful Projects (Note 2.6) (6,197,854) - - - (6,197,854) 171,862,727 7,499,647 (160,552,988) (10,537,719) 8,271,667
Total Gross Carrying Amount 2,852,585,593 7,499,647 - (10,537,719) 2,849,547,521
Annual Report 2009 89 Notes to the Financial Statements contd. Year ended 31 December 2009
Balance Charge for Balance As At the year Disposals As at 01.01.2009 31.12.2009 Rs. Rs. Rs. Rs.
2. PROPERTY, PLANT AND EQUIPMENT Contd. 2.3 Depreciation (Memorandum only) At Cost Buildings 358,544,846 57,976,628 - 416,521,474 Communication Equipment 115,051,727 14,455,703 - 129,507,430 Plant and Machinery 196,649,213 10,146,057 - 206,795,270 Structures 77,303,838 1,337,326 - 78,641,164 Equipment 34,341,560 5,962,373 - 40,303,933 Furniture 19,367,696 2,040,813 - 21,408,509 Hangars 811,491 60,770 - 872,261 Fixtures and Fittings 5,936,386 112,009 - 6,048,395 Fencing and Gates 55,335,736 8,052,075 - 63,387,811 Miscellaneous Capital Items 118,361,883 3,726,508 - 122,088,391 Electrical Installation 13,308,638 2,385,223 - 15,693,861 Apron Expansion 232,515,804 1,659,181 - 234,174,985 Fire and Rescue Vehicles 47,909,959 - - 47,909,959 Motor Vehicles 16,789,519 - - 16,789,519 Road and Roadways 2,040,566 411,264 - 2,451,830 Training Equipment 55,548,012 7,939,845 - 63,487,857 Navigational Equipment 183,161,296 50,995,426 - 234,156,722 Fire and Safety Equipment 1,941,359 621,033 - 2,562,392 Water Supply System 15,837,781 6,259,270 - 22,097,051 Total Depreciation 1,550,757,310 174,141,504 - 1,724,898,814
2009 2008 Rs. Rs.
2.4 Net Book Values (Memorandum only) At Cost 1,116,377,040 1,129,965,556 Total Carrying Amount of Property, Plant and Equipment 1,116,377,040 1,129,965,556
90 Airport and Aviation Services (Sri Lanka) Ltd. 2. PROPERTY, PLANT AND EQUIPMENT Contd. 2.5 Depreciation (Memorandum only) The provision for depreciation is calculated for memorandum disclosure by using the straight line method on the cost of all property, plant and equipment in order to write off such amounts over the estimated useful lives. The principal annual rates used are:
2009 2008
Buildings Over 20 Years Over 20 Years Communication Equipment Over 08 Years Over 08 Years Plant and Machinery Over 04 Years Over 04 Years Structures Over 08 Years Over 08 Years Equipment Over 08 Years Over 08 Years Furniture Over 08 Years Over 08 Years Hangars Over 20 Years Over 20 Years Fixtures and Fittings Over 08 Years Over 08 Years Fencing and Gates Over 08 Years Over 08 Years Miscellaneous Capital Items Over 08 Years Over 08 Years Electrical Installation Over 08 Years Over 08 Years Apron Expansion Over 20 Years Over 20 Years Fire and Rescue Vehicles Over 04 Years Over 04 Years Motor Vehicles Over 04 Years Over 04 Years Road and Roadways Over 20 Years Over 20 Years Training Equipment Over 08 Years Over 08 Years Navigational Equipment Over 08 Years Over 08 Years Fire and Safety Equipment Over 08 Years Over 08 Years Water Supply System Over 08 Years Over 08 Years
2.6 Included under Projects in Progress is an amount of Rs.6,197,854/- in respect of a partially built holiday bungalow at Anuradhapura, which has been constructed without the approval of the local authority. A provision has been made in respect of this expenditure.
2009 2008 Rs. Rs.
3. RECEIVABLES VAT Control - 42,675 Advances on Projects (3.1) 8,023,499 9,175,221 Refundable Deposits 359,846 359,846 Interest Income Receivable 16,236,329 15,371,995 Amount Due From Related Parties (3.2) 44,992,751 33,768,178 69,612,425 58,717,915
3.1 Advances on projects includes an amount of Rs. 7,000,000/- (2008 - Rs. 7,000,000/-) paid for the purchase of a land in Kataragama. However, the title of such land has not been obtained by the Fund.
Currently, Company has obtained this land from land commissioner under the license of a long term lease for a period of 30 years commencing from 2009. Company has also filed legal action against the initial seller to recover the advance. However, no provision has been made in these Financial Statements for such doubtful advance.
Annual Report 2009 91 Notes to the Financial Statements contd. Year ended 31 December 2009
2009 2008 Rs. Rs.
3.2 Amounts Due from Related Parties Airport and Aviation Services (Sri Lanka) Limited 44,992,751 33,768,178 44,992,751 33,768,178
4. ACCUMULATED FUND As at beginning of the year 3,752,383,272 3,621,419,427 Surplus for the year 120,997,636 130,963,845 As at end of the year 3,873,380,908 3,752,383,272
5. CONTRIBUTIONS FROM OTHER SOURCES 5.1 Contribution from Other Sources 62,323,991 62,323,991
5.2 These represent grants received to finance expenditure of a capital nature. Out of the sum, an amount of Rs.56,243,991/- refers to assets having limited economic lives, but such grants are not being amortised over such periods in accordance with SLAS 24-Accounting for Government Grants and Disclosure of Government Assistance, for reasons explained in Note 1.1.
Had this procedure been followed the amount to be amortised in 2009 would be Rs.2,800,000/- whilst the cumulative amortisation as at 31/12/2009 would have amounted to Rs.15,343,991/- (2008 - Rs.12,543,991/-).
2009 2008 Rs. Rs.
6. TRADE AND OTHER PAYABLES Retention 8,910,474 10,783,499 Withholding Tax 38,241 5,589 Audit Fees 130,000 114,081 Creditors 438,354 - Amounts Due to Related Parties (6.1) 3,539,413 3,680,329 13,056,482 14,583,498
6.1 Amounts Due to Related Parties Airport and Aviation Services (Sri Lanka) Ltd - 140,916 Voted Fund 3,539,413 3,539,413 3,539,413 3,680,329
7. CASH AND CASH EQUIVALENTS IN THE CASH FLOW STATEMENT Bank Balances 1,776,989 10,454,939 Investment in Treasury Bills / Bonds under Repurchase Agreements 614,837,338 907,532,314 (Investments with short maturities i.e. three months or less from the date of acquisition) Total Cash and Cash Equivalents For the Purpose of Cash Flow Statement 616,614,327 917,987,253
92 Airport and Aviation Services (Sri Lanka) Ltd. 7.1 These deposits are placed in the name of Airport and Aviation Services (Sri Lanka) Limited on behalf of the Retained Revenue Fund.
8. COMMITMENT AND CONTINGENCIES 8.1 Contingent Liabilities The Fund is the defendant in following lawsuits filed against the Fund. Although there can be no assurance, the Directors believe, based on the information currently available, that the ultimate resolution of such legal procedures would not likely have a material adverse effect on the results of operations, financial position or liquidity. Accordingly no provision for any liability has been made in these financial statements.
Arbitration in progress, as a result of a matter raised by Buildmart Lanka (Pvt) Ltd against the Company demanding Rs. 13 Mn. for termination of Contract. The ruling has been made against the Company and ordered to pay Rs. 5,622,113/-. Presently the Company is in the process of appealing.
Arbitration in progress, as a result of a matter raised by Vasiri Construction Company against Airport and Aviation Services (Sri Lanka) Limited as the managers of the fund for a sum of Rs. 1,453,904/- for termination of Contract.
Though the cases are against Airport and Aviation Services (Sri Lanka) Limited all transactions are recorded under the Retained Revenue Fund.
9. EVENTS OCCURRING AFTER THE BALANCE SHEET DATE There have been no material event occuring after the Balance Sheet date that require adjustments to or disclosure in the Financial Statements.
10. RELATED PARTY DISCLOSURES Expenses incurred by the fund are reimbursed on an actual basis. The balances from and due to related parties are disclosed in note 3 and 6 respectively.
The Fund has made the following payments to the Government owned institutions in relation to the supply of goods & services during the year. The fund also has short term investments with Government owned institutions.
Entities either controlled or in which significant influence is held by the state* 2009 2008 Rs. Rs.
Balance Sheet Assets Project in Progress 430,553 1,797,657 Receivables 1,337,346 1,338,346 Amounts Due from Related Parties 44,992,751 35,228,765 Treasury Bills 1,027,824,446 907,532,314
Liabilities Amounts Due to Related Parties 631,312 1,058,703
Income Statement Interest Income net of taxes withheld 121,156,967 121,156,967
Annual Report 2009 93 * In carrying out normal operations, the Fund has entered in to transactions including the supply and purchase of various goods and services with entities which is either controlled or in which significant influence is held by the state. This includes Ceylon Electricity Board, Department of Inland Revenue, Lanka Ports Authority, Central Environmental Authority, Central Engineering Consultancy Bureau, State Engineering Consultancy Bureau, Road Development Authority , Irrigation Department, Urban Development Authority, Divisional Secretary Katana, National Water Supply & Drainage Board, Sri Lankan Airlines Ltd and Airport and Aviation Services (SL) Limited.
94 Airport and Aviation Services (Sri Lanka) Ltd. Voted Fund Accounts (Development Projects)
96 Auditor General’s Report 100 Income & Expenditure Statement 101 Balance Sheet 102 Cash Flow Statement 103 Summary of Significant Accounting Policies 104 Notes to the Accounts 107 Explanatory Notes on the Report of the Auditor General
Annual Report 2009 95 Auditor General’s Report
The Chairman Airport and Aviation Services (Sri Lanka) Ltd.
Report of the Auditor General on the Financial Statements of the Airport and Aviation Services (Sri Lanka) Ltd. relating to the Government Grants for capital expenditure for the year ended 31 December 2009 in terms of Section 14(2)(c) of the Finance Act, No.38 of 1971.
The audit of financial statements of the Airport and Aviation Services (Sri Lanka) Ltd. (AASL) relating to the Government Grants for capital expenditure for the year ended 31 December 2009 was carried out under my direction in pursuance of provisions in Article 154(1) of the Constitution of the Democratic Socialist Republic of Sri Lanka read in conjunction with Sub-section 14 of Section 21A of Air Navigation Act (Chapter 365) as amended by Section 3 of the Air Navigation (Special Provisions) Act No. 2 of 1982 and Section 13(1) of the Finance Act, No. 38 of 1971. My observations which I consider should be published with the annual report of the Company in terms of Section 14(2)(c) of the Finance Act appear in this report. This report also constitutes my detailed report on the accounts relating to the Government Grants in terms of Section 13(7)(a) of the Finance Act.
1:2 Audit of Accounts of the Airport & Aviation Services (Sri Lanka) Ltd The financial statements of the AASL had been audited by a firm of Chartered Accountants in public practice appointed by the AASL in terms of Section 154(1) of the Companies Act, No. 7 of 2007.
1:3 Responsibility of the Management for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with Generally Accepted Accounting Principles. This responsibility includes: designing, implementing and maintaining internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatements, whether due to fraud or error: selecting and applying appropriate accounting policies: and making accounting estimates that are reasonable in the circumstances.
96 Airport and Aviation Services (Sri Lanka) Ltd. 1:4 Scope of Audit and Basis of Opinion My responsibility is to express an opinion on these financial statements based on my audit. Audit opinion, comments and findings in this report are based on review of the financial statements presented to audit and substantive tests of samples of transactions. The scope and extent of such review and tests were such as to enable as wide an audit coverage as possible within the limitations of staff, other resources and time available to me. The audit was carried out in accordance with Sri Lanka Auditing Standards to obtain reasonable assurance as to whether the financial statements are free of material misstatements. The audit includes the examination on a test basis of evidence supporting the amounts and disclosures in the financial statements and assessment of accounting principles used and significant estimates made by the management in the preparation of financial statements as well as evaluating their overall presentation. I have obtained sufficient information and explanations which to the best of my knowledge and belief were necessary for the purpose of my audit. I therefore believe that my audit provides a reasonable basis for my opinion. Sub-sections (3) and (4) of Section 13 of the Finance Act, No.38 of 1971 give discretionary powers to the Auditor General to determine the scope and extent of the Audit.
2. Financial Statements 2:1 Opinion So far as appears from my examination and to the best of information and according to the explanations given to me, I am of opinion that the Airport and Aviation Services (Sri Lanka) Ltd. had maintained proper accounting records for the year ended 31 December 2009 and except for the effects on the financial statements of the matters referred to in paragraph 2:2 of this report, the financial statements have been prepared in accordance with Generally Accepted Accounting Principles, give a true and fair view of the state of affairs of the Airport and Aviation Services (Sri Lanka) Ltd. as at 31 December 2009 and the financial results of its operations and cash flows for the year then ended, relating to Government Grants for capital expenditure.
2:2 Comments on Financial Statements 2:2:1 Non-compliance with Laws, Rules, Regulations and Management Decisions A sum of Rs. 75,869,136 had been invested in Treasury Bills without obtaining the concurrence of the Minister in charge of the subject of Finance in term of 11 Section of the Finance Act, No. 38 of 1971.
2:2:2 Lack of Evidence for Audit The confirmation of balances relating to the balances amounting to Rs. 45,917,766 out of balances receivable was not furnished and as such those could not be satisfactorily vouched in a audit.
3. Financial and Operating Review 3:1 Financial Results According to the financial statements presented, the financial results of the operations relating to the Government Grants for the capital expenditure of the Company during the year under review had been a net surplus of Rs. 7,194,308 as against the net deficit of Rs.184,952 in the financial results for the preceding year, thus indicating an improvement of Rs. 7,379,260 in the financial results.
Annual Report 2009 97 Auditor General’s Report contd.
3:2 Performance The following indicators show a decrease in the performance of the Airport and Aviation Services (Sri Lanka) Ltd., during the year under review as compared with the preceding year.
Particulars Year 2009 Year 2008
Aircraft Movements (Number) 28,624 31,764 Passenger Movements (Number) 4,242,356 4,642,831 Operating Income Rs. 4,860,582,144 5,176,842,748
3:3 Underutilisation of Assets The Japan Bank for International Co-operation (JBIC) had made a provision of Japanese Yen 12,384 million under the Loan Agreement No. SLP62 dated 04 August 1999 for the Stage I of Part II of the Project.
The Japan Bank for International Co-operation had confirmed that a sum of Japanese Yen 12,067 million had been released by 01 December 2006, in terms of the Loan Agreement. Thus, the underutilised sum amounted to Japanese Yen 317 million.
Nevertheless, an Air Cargo Handling Terminal Building had been constructed at a cost of Rs. 838,662,392 under the above Credit Scheme and the Taking Over Certificate thereon had been issued on 15 July 2005. However, this building had not been given over to Air Services Company for air cargo handling purposes. In addition, there was no evidence of any income received during the past several years by giving over accommodation in the Air Cargo Handling Terminal Building to the Air Services Company.
3:4 Lack of Particulars of Properties Acquired A land, 1,150 hectares in extent situated in the area of authority of the Divisional Secretariat, Lunugamvehera had been acquired on 17 October 2006 for the construction of the abandoned Weerawila International Airport. Nevertheless, it was observed in audit that the particulars of the lands acquired had not been disclosed in the financial statements of the Company.
3:5 Mattala International Airport (a) The Government of Sri Lanka and the authorities of the Airport and Aviation Services had decided again on the development of the second International Airport in Sri Lanka and had selected Mattala for the purpose. A sum of Rs 96,894,812 had been incurred in that connection.
(b) Even though the Company had spent its own funds and retained income amounting to Rs 96,894,812 on the Project during the year under review, the Company had received only a sum of Rs. 26,500,000 as the Government Grant for capital expenditure during the year under review.
98 Airport and Aviation Services (Sri Lanka) Ltd. 3:6 Acquisition of Lands The following amounts paid as advances to various Divisional Secretaries for the purpose of the acquisition of lands for various development activities of the Company had been shown as advances and deposits in the financial statement as at 31 December 2009.
Date of Payment Divisional Secretariat Amount (Rs.)
31 December 1997 Katana 2,083,648 16 December 1998 Gampaha 4,718,000 18 July 2000 Mount Lavinia 834,118 12 February 2008 Mount Levinia 41,000,000 22 February 2008 Katana 2,000,000
In view of the delays in the land acquisition process, interest totalling Rs. 17,691,195 had been paid to the respective landlords during the last two years alone. The advances granted to the Divisional Secretariats for land acquisition had been retained in the General Deposit Accounts of those Secretariats due to the possibility of further delays in the acquisition of lands.
4. Systems and Controls Special attention is needed in respect of the following areas of control. (a) Acquisitions of Lands (b) Contract Administration (c) Customs Duty and Reimbursement of Duty
S. Swarnajothi Auditor General
Annual Report 2009 99 Income & Expenditure Statement For The Year Ended 31st December 2009
2009 2008 Rs. Rs.
Income Interest on Treasury Bills 7,209,573 2,426,052 Total Income 7,209,573 2,426,052
Less : Expenditure Loss on Disposal of Fixed Assets Schedule 08 - 2,091,236 Bank Charges 12,600 9,550 Debit Tax 2,664 65,426 Repair & Maintenance of Project Office Schedule 09 - 444,791 Total Expenditure 15,264 2,611,004
Surplus /(Deficit) for the year 7,194,308 (184,952)
Deficit B/F (132,869,554) (132,684,602)
Deficit C/F to Balance Sheet (125,675,245) (132,869,554)
100 Airport and Aviation Services (Sri Lanka) Ltd. Balance Sheet As At 31st December 2009
2009 2008 Rs. Rs.
ASSETS Non Current Assets Property Plant & Equipments Sch.01 23,252,942,832 23,254,388,218 Total Non Current Assets 23,252,942,832 23,254,388,218
Current Assets Deposits & Advances Sch.02 50,635,766 50,635,766 Amounts due from Related Parties Sch.03 92,357,357 12,538,629 Other Receivables Sch.04 2,500,000 2,500,000 Investment in Treasury Bills - 75,869,136 Bank Accounts Sch.05 22,676,370 19,431,653 Total Current Assets 168,169,493 160,975,184
Total Assets 23,421,112,325 23,415,363,402
EQUITY & LIABILITIES Treasury Contribution - ( Local ) 8,235,977,361 8,235,977,361 Treasury Contribution - ( Foreign ) 14,075,646,120 14,075,646,120 Defence Ministry Contribution 109,661,415 109,661,415 Ministry of Tourism & Civil Aviation Contribution 40,000,000 40,000,000 Retained Revenue Contribution 32,000,000 32,000,000 Net Assets Taken Over From Airport Authority 801,102,309 801,102,309 AASL Contribution 57,101,390 57,101,390 Total Treasury & Other Contributions 23,351,488,594 23,351,488,594
Income & Expenditure Account (125,675,245) (132,869,554) Accumulated Fund 23,225,813,349 23,218,619,040
Current Liabilities Creditors Sch.06 190,298,976 191,744,362 Amounts due to Related Parties Sch.07 5,000,000 5,000,000
Total Current Liabilities 195,298,976 196,744,362
Total Equity & Liabilities 23,421,112,325 23,415,363,402
Kamal Ratwatte L Dahanayake Vice Chairman Acting Head of Finance
Annual Report 2009 101 Cash Flow Statement For The Year Ended 31st December 2009
2009 2008 Rs. Rs.
Cash Flow From Operating Activities
Net Surplus / (Deficits) for the year 7,194,308 (184,952) (Profit)/ Loss on Sale of Fixed Assets - 2,091,236 7,194,308 1,906,284 Adjustments for (Increase)/Decrease in Advances & Deposits - 105,282,185 (Increase)/Decrease in Receivables - (12,538,629) Increase/(Decrease) in current account payables (79,818,728) (48,526,061) Increase/(Decrease) in Creditors & Payables (1,445,386) (239,365) Cash Generated from Operations (81,264,114) 43,978,131
Net Cash Flow from Operating Activities (74,069,805) 45,884,415
Cash Flow From Investing Activities Sale of Fixed Assets - 120,000 Incurred on Projects in Progress/ Adjustments 1,445,386 (59,238,322) Net Cash flow from Investing Activities 1,445,386 (59,118,322)
Cash Flow From Financing Activities Treasury Contribution - 55,219,474 Other Contributions - 45,407,453 Net Cash flow from Financing Activities - 100,626,927
Net Increase/(Decrease) in Cash & Cash Equivalents (72,624,419) 87,393,020
Cash & Cash Equivalents at the beginning of the year 95,300,790 7,907,770
Cash & Cash Equivalents at the end of the year 22,676,370 95,300,790
Cash and Cash Equivalents Cash at Bank and in Hand 22,676,370 19,431,653 Investment in Treasury Bills - 75,869,136 22,676,370 95,300,790
102 Airport and Aviation Services (Sri Lanka) Ltd. Summary of Significant Accounting Policies
1. Under the Air Navigational Act, the management of Capital Assets has been entrusted to Airport & Aviation Services (SL) Ltd., but the ownership of the Assets remains with the Government of Sri Lanka. Since the Income generated by utilising the assets employed is shown in a separate set of accounts, an Income Statement fully compliant to SLAS 3 cannot be prepared logically.
However, an Income & Expenditure Statement has been prepared, without charging the annual depreciation for the year under reference in the same format as per the last years accounts.
2. Financial Statements have been prepared on the historical cost basis with generally accepted accounting principles. No adjustments have been made for inflationary factors affecting the Financial Statements.
3. All known liabilities have been accounted for, in preparing financial statements.
4. Depreciation Depreciation has not been provided in the Income Statement, however a statement showing a depreciation charge for the year and the cumulative and written down value of assets as at December 31, 2009 has been prepared on memorandum basis and given as notes to the accounts (Refer Schedule - 01)
The provision for depreciation is calculated in the schedule attached by using the straight-line method on the cost of all property, plant and equipment in order to write off such amounts over the estimated useful lives by equal installments. The annual depreciation of Assets for the current year is Rs.1,698,625,601/-
The revenue generated with the Fixed Assets of this Fund accrue to AASL and dealt with in a separate set of books (i.e.) the books of AASL, as the agent. Hence there is no revenue source against which depreciation be charged in the Income Statement. If the depreciation is charged would result in the depletion of Government capital contribution.
Property, plant and equipment acquired prior to January 1, 2006 were fully depreciated in the year of disposal but none in the year of purchase. Property, plant and equipment acquired after January 1, 2006 are depreciated from the month the assets are available for use over their estimated useful lives.
Therefore, as advised by the Director General of Public Enterprises letter dated October 10, 2003 and previously agreed with the Auditor General, depreciation has not been charged to the account and instead disclosed as a note to the Accounts. This has been disclosed under Item No 1 of the Accounting Policies and also under Notes to the Accounts – 1. “ Fixed Assets”, which was accepted by the Auditor General in the Accounts for the year ended December 31, 2005.
Cabinet approval has now been granted to amalgamate all airport assets. Once the related legal formalities are complete, depreciation could be charged to the Income & Expenditure Account.
Annual Report 2009 103 Notes to the Accounts For The Year Ended 31st December 2009
1. Fixed Assets Fixed Assets Master Summary is enclosed as Schedule - 01
The Fixed Assets are stated at cost. Depreciation has not been provided in the Accounts and is shown as a note wherein the relevant depreciation rates have also been stated (Ref. Accounting Policies).
2. Treasury Contribution – Local Payment of local taxes and duties in respect of the Phase 2 Development Project of the Bandaranaike International Airport has been recognised under Treasury Contribution Local.
3. Treasury Contribution – Foreign Direct Foreign Aids Payments and Reimbursable Foreign Aids in respect of BIA Development Project have been recognised under Treasury Contribution Foreign.
4. Income & Expenditure Account As per Treasury Directive an Income & Expenditure Account for the Development Project has been prepared taking into account the Treasury Bill Interest receipts, Bank Charges and Debit Tax. This results in accumulative loss of Rs.125,675,245/- up to year 2009.
5. Directors’ Interest in Contracts with Airport & Aviation Services (SL) Ltd. No Director of the Company was directly or indirectly involved in any contract with the Company during the year ended December 31, 2009.
104 Airport and Aviation Services (Sri Lanka) Ltd. 4 4 4,379 4,126,509 8,767,868 11,192,224 30,688,974 15,384,330 20,561,765 35,909,384 51,352,036 14,742,233 41,999,397 742,240,632 142,504,427 512,339,821 533,950,088 951,327,889 123,227,925 800,714,406 281,797,343 203,166,980 553,401,000 124,100,831 259,836,345 3,676,278,235 Net Book Value Net Book 9,139,615,029 - 31/12/09 7,188,775 49,715,757 73,258,552 56,335,872 83,726,824 27,104,664 43,118,653 43,420,764 948,187,458 482,314,972 167,477,111 322,373,255 109,248,769 518,671,989 129,514,030 271,132,686 458,013,025 260,128,632 289,815,122 121,465,196 793,309,816 Balance as at 2,678,384,846 2,225,242,941 1,519,479,019 2,434,699,076 14,113,327,803 - - - Year 4,359 Depreciation (Rs.) Depreciation 8,773,394 6,530,732 3,900,546 3,689,945 8,805,645 2,658,900 6,553,002 4,369,583 11,997,522 23,303,434 56,665,217 20,565,569 40,988,122 70,656,139 31,724,975 11,183,382 30,835,148 220,502,045 110,937,294 675,780,200 221,773,696 126,426,753 Charge for the Charge 1,698,625,601 - 01/01/09 7,188,775 40,942,364 61,261,030 56,331,514 60,423,390 23,414,719 40,459,753 89,740,221 32,237,382 727,685,413 371,377,678 167,477,111 315,842,523 105,348,223 462,006,771 108,948,462 230,144,564 331,586,272 189,472,494 281,009,477 788,940,233 Balance as at 2,002,604,645 2,003,469,245 1,488,643,871 2,428,146,074 12,414,702,202 31/12/09 7,188,779 84,450,777 56,340,251 42,488,994 51,886,521 94,772,800 742,240,632 994,654,793 192,220,184 167,477,115 353,062,230 206,954,749 113,375,278 411,311,373 474,299,666 280,690,397 325,724,506 245,566,027 835,309,213 Balance as at 4,624,465,693 3,212,334,934 3,176,570,829 1,319,386,394 1,011,414,025 1,779,315,364 2,449,441,310 9,139,615,029 23,252,942,832 ------741,406 Transfers 1,199,375 2,128,600 (8,160,925) 79,331,283 (17,490,958) (15,822,577) (43,371,591) (1,445,386) Adjustments/ Cost (Rs.) 01/01/09 7,188,779 84,450,777 56,340,251 42,488,994 94,772,800 49,757,920 742,240,632 192,220,184 993,913,387 167,477,115 113,375,278 361,223,154 205,755,374 411,311,373 474,299,666 280,690,397 245,566,027 369,096,097 835,309,213 Balance as at 4,545,134,410 3,229,825,891 3,192,393,406 1,319,386,394 1,011,414,025 1,779,315,364 2,449,441,310 23,254,388,218 10,839,686,016 Dep. Dep. Rate 0.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 12.5% 25.0% 25.0% 25.0% 12.5% 12.5% 12.5% 12.5% 12.5% 12.5% 12.5% 12.5% 12.5% 12.5% 12.5% 12.5% 12.5% 25.0% Land Description Road & Roadways Buildings Communication Equipment Plant & Machinery Vehicles Motor Fire Rescue Vehicles Fire Rescue Structures Navigational Equipment Equipment Hangars Furniture Fixtures & Fittings Fencing & Gate Apron Taxiways Electrical Installation Aero Bridges Sewage Disposal System Water Supply & Drainage System Water Equipment - Fire & Safety Equipment - Other Equipment - Office Runway Terminal Building Terminal Ancillary Buildings Total Net Book Values Schedule 01 Summary as at 31st December 2009 Fixed Assets & Depreciation
Annual Report 2009 105 Notes to the Accounts contd. For The Year Ended 31st December 2009
2009 2008 Rs. Rs.
Schedule 02 Deposits & Advances 12.02.08 107483 / JV 03 Divisional Secretary, Mt. Lavinia 41,000,000 41,000,000 22.02.08 107769 / JV 03 Div. Secretary, Katana 2,000,000 2,000,000 31.12.97 1751 Div. Secretary, Katana 2,083,648 2,083,648 16.12.98 1861 District Secretary, Gampaha 4,718,000 4,718,000 Divisional Secretary, Mt. Lavinia 834,118 834,118 50,635,766 50,635,766
Schedule 03 Amounts due from Related Parties Current Account With Company 88,817,944 8,999,216 Current Account With Retained Revenue 3,539,413 3,539,413 92,357,357 12,538,629
Schedule 04 Other Receivables Debtors ( Sri Lankan Airline) 2,500,000 2,500,000 2,500,000 2,500,000
Schedule 05 Bank Accounts Bank of Ceylon Corporate Branch C/A 0000000451 19,631,601 16,459,294 Bank of Ceylon Corporate Branch C/A 0000001600 3,044,769 2,972,359 22,676,370 19,431,653
Schedule 06 Creditors Taisei Mitsubishi Joint Venture 186,195,950 186,913,630 VAT Control Account 4,103,026 4,830,732 190,298,976 191,744,362
Schedule 07 Amounts due to Related Parties C/A With Government Revenue 5,000,000 5,000,000 5,000,000 5,000,000
Schedule 08 Profit & Loss On Disposal of Fixed Assets Sale Proceeds / Insurance Claim - 120,000 Less - Costs Escalator “OTIS” - 2,211,236 Profit / (Loss) on Disposal - (2,091,236)
Schedule 09 Repair & Maintenance of Project Office Cost of Carpeting & Vertical Blinds - 180,574 Other Repair & Maintenance Expenses - 264,217 - 444,791
106 Airport and Aviation Services (Sri Lanka) Ltd. Explanatory Notes on the Report of the Auditor General
Voted Fund Account (Grants provided by the Parliament to AASL) For the Year Ended 31 December 2008
2.2 Comments on Financial Statements 2.2.1 Non-compliance with Laws, Rules, Regulations and Management decisions Rs. 75.8 Mn. being the balance excess payment refunded by the Contractor was temporarily invested in Treasury Bills until the loan repayment was due on August 20, 2009.
Action will be taken to obtain Treasury approval to invest excess funds, even if it is on temporary nature, in the Treasury Bills as per clause (2) of the Financial Act No. 38 of 1971 in future.
2.2.2 Lack of Evidence for audit Deposits & Advances
Institution Amount (Rs) Confirmation Divisional Secretary, Mt. Lavinia 41,000,000 Requested. No response Divisional Secretary, Katana 2,000,000 Requested. No response Divisional Secretary, Katana 2,083,648 Requested. No response Divisional Secretary, Mt. Lavinia 834,118 Requested. No response TOTAL 45,917,766
Reminders will be sent to the relevant Divisional Secretaries to get their confirmations with regard to Deposits and Advances.
3. Financial and Operating Review 3.1 Financial Results During the year, net surplus has increased to Rs. 7,194,308/- due to additional interest income earned from temporary investments in Treasury Bills.
3.2 Performance The decline in operational performance for the year 2009 in comparison to 2008 was due to external factors such as Global economic downfall and Civil war prevailed in the country. The operating income too declined due to above external factors and increase in payments made to the Treasury on account of Government loan repayments obtained for the BIA developments.
However, after restoration of peace in the country, the latter part of the year reflected a steady growth in performance.
3.3 Under-utilisation of Assets The loan agreement SLP-62 dated August 4, 1999 was effective from December 15, 2006.
There was a considerable delay in obtaining final approval to proceed with works in respect of contract packages “A” & “B1”.
Due to competitiveness of tenders, there was a substantial saving of the loan, which was subsequently utilised to carry out additional works at an additional cost of JP Yen 3,644,439,911/-. Amount returned to JBIC could not be utilised due to non-availability of sufficient time to carry out further additional work.
Annual Report 2009 107 Explanatory Notes on the Report of the Auditor General contd.
The original scope of the works as given below were completed on schedule. However, some of the additional works were completed after the loan disbursement period.
Package A - Civil & Utility work Package B1 - Passenger Terminal Building Work Package B2 - New Cargo Building Work Package C - Air Navigation Systems
Since SriLankan Airlines has been operating as the sole handling agent at BIA, the Company was not authorised to lease out this building to any other airline other than SriLankan Airlines. Although the company has been in the process of negotiation since 2005, SriLankan Airlines disputed certain conditions applicable to the lease agreement for the new building. Finally, the company managed to resolve disputed issues and accordingly lease agreement was signed in September 2009.
3.4 Lack of Particulars of Properties acquired Although there had been Gazette Notifications for acquisition of some land, since the project was abandoned, no further action has been taken with regard to title transfer. No compensation has been paid either.
3.5 Hambantota International Airport a) A sum of Rs. 96,894,812/- had been incurred for the preliminary expenses such as Land Preparation, EIA Report, Construction of Building, Purchase of Equipment, Travelling expenses, Inauguration Ceremony expenses etc.
b) We have requested from the Treasury to reimburse the expenses mentioned and received only Rs. 26.5 Mn. as at December 31, 2009
The sum of Rs. 307.5 Mn. has been allocated for the 1st quarter under the Government Estimate for the year 2010 and the balance of Rs. 70,394,812/- will be reimbursed by the Treasury out of the Government Estimates.
3.6 Acquisition of Lands Payment of compensation is beyond the control of AASL, and is handled by the Acquisition Officer concerned as per the Land Acquisition Act.
AASL has requested the Secretary to Ministry of Ports & Aviation as well as District Secretary, Gampaha to refund the unsettled funds back to AASL on the condition that this would be released back to Acquisition Officer whenever needed.
108 Airport and Aviation Services (Sri Lanka) Ltd. 4. Systems and Controls a) Acquisitions of Lands Relevant systems and controls are adopted under the provision of Land Acquisition Act. Regarding the payment of compensation, a report on disbursement of funds for payment of compensation for land owners is obtained from the respective Acquisition Officer, who makes the payment based on procedures as per the Land Acquisition Act.
b) Contract Administration Contract Administration carried out in accordance with administration manuals issued and updated by the Consultants.
c) Customs Duty and Reimbursement of Duty Reimbursements are done on the production of relevant cusdecs which have been certified by the Engineer as well as the Project Director. In certifying the claims submitted by the Contractors for reimbursements of duties and taxes, it is the Engineer’s responsibility to ensure that the claimed amount is in accordance with the items imported specifically for the BIA Development.
Annual Report 2009 109 Principal Data
Name : BANDARANAIKE INTERNATIONAL AIRPORT
Location : 32 km North of Colombo City
Elevation : 9 m above mean sea level
Aerodrome Ref. Temp : 32.30 0C
Total Airport Area : 500 Hectares
Runway : Single Runway, 3,340 m long and 45 m wide, 7.5 m shoulder either side. Flexible Pavement Surface-Asphalt Porus Friction Course
Runway Designation : 04 and 22
Taxi Way : Full Parallel to Runway width of 30 m. 7.5 m shoulders either side and 900 exist Taxiways 5 Nos. Surface Asphalt
Aircraft Parking Aprons : Four Parking Aprons – A, B, C & D Total Parking Positions – 29 Total Area – 287,608 Sq. m
Road Ways : Access to City & West of the Country via Colombo – Negombo Road Access to Central, North & East of the Country via Katunayake – Minuwangoda Road Expressway to city envisaged in the near future.
Car Parking Slots : Terminal Car Park – 350 Slots Remote Car Park – 320 Slots Coach Park – 34 Slots Special Enclosure for Tourist Coaches, Airlines and Authorised Tour Operators
Passenger Terminal Building : Total Floor Area – 90,000 Sq. m with 330 m Long Finger - Pier Building. Gate Lounges – 8 Contact Gates at Pier with 14 Nos. of Aerobridges – 4 Bus Gates Emigration – 16 Nos. of Passport Control Desks Immigration – 27 Nos. of Passport Control Desks Pax. Check-In Facilities – 54 Nos. of Check-In Desks
Terminal Equipment : Flight Information Displays Security Screening & Surveillance Systems Baggage Handling Systems Escalators & Lifts Automated People Mover System
Cargo Terminal : Handling Capacity – 300,000 MT/Year Ground – 7,500 Sq. m First Floor – 2,000 Sq. m Freezer & Cold Room – 133 Cu. m
Cargo Village Terminal I : Floor Area – 2,787 Sq. m Freight Forwarders Warehouses Airline Offices Banks Courier Service Gem & Diamond Exchange Customs
110 Airport and Aviation Services (Sri Lanka) Ltd. Cargo Village Terminal II : Floor Area – 1,858 Sq. m Facilities for Refrigerated & Frozen Cargo Airmail Sorting Centre Off Shore Avionics Workshop – Aircraft Spare Stores
Cargo Terminal III : Total Area – 2,320 Sq. m
Maintenance & Stores Complex : Total Floor Area – 4,850 Sq. m Main Stores, Tool Stores & Workshop – 2,500 Sq. m Vehicle Maintenance – 1,500 Sq.m Administration – Technical – 750 Sq. m Central Fault Detection & Reporting System GEM 80 Central fault detection & reporting system
Control Systems & Services : Terminal Area & Aerodrome Control Services by Control Tower Approach Control Service up to 60 NM with Primary Surveillance Radar & Secondary Surveillance Radar Fire & Rescue Services – Category 09 Aeronautical Information Service Metrological Information Service DVOR / DME for Navigation & Homing ILS Cat.1 with Cat.2 capability on Runway 04 & 22 PAPI both sides of the Runway Runway Lighting – Cat.1 & Cat.2 on 22 end – Cat.1 on 04 end Visual Docking Guidance System for 8 Contact Gates Automated Terminal Information Service (ATIS) Broadcast
Other Facilities : VIP, VVIP Facilities & On-Line Reservation Facility for CIP Lounge 1st Class and Business Class Lounges Transit Hotel with 24 Nos. of Rooms and a Spa Special Facilities for Welcoming Tourists Taxi Service Local Transport Tour Operators Rent-A-Car Hotel Booking Counters Mobile Phone Connections Bond Baggage & Left Luggage Passenger Assistance Passenger Meeting Day Room & Showers Flight Kitchen Police Station Post Office Restaurants
Medical Facilities : Medical Centre with Doctor on Duty on 24 Hour basis (With Ambulance)
Fuel Farm Facilities : 24 Hour Refuelling Services Jet A-1 Fuel Hydrant Fuelling System
Annual Report 2009 111 Notes
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112 Airport and Aviation Services (Sri Lanka) Ltd. The Bandaranaike International Airport (BIA) is a hub airport in the South Asian region, recognised for its modern facilities and standards. We connect people from across the world who travel through Sri Lanka for work or pleasure and we make the experience, not just convenient, but enjoyable.
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Annual Report 2009 Airport and Aviation Services (Sri Lanka) Ltd. | Annual Report 2009
Bandaranaike International Airport, Colombo, Katunayake, Sri Lanka. Connect Tel: +94 11 2252861-5 Fax: +94 11 2253187 Airport and Aviation Services Web: www.airport.lk (Sri Lanka) Ltd. in Colombo iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u'
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2 uQ,H iqúfYaI;ajh 63 fYaI m;%h 3 ld¾hh idOkfha úfYaI igyka 64 ialkaOh fjkiaùfï m%ldYkh 8 f.da,Sh in|;djhkaf.a Wreuh 65 uqo,a m%jdy m%ldYkh 9 Y%S ,xldj ;=< 25 jirl .=jka fiajdj 66 uq,H m%ldYk j,g igyka 10 úfYaI isÿùï ys Èk jljdkq 83 r|jd.;a wdodhï wruqo,a .sKqï 12 iNdm;s;=udf.a mKsúvh 84 ú.Kljrekaf.a jd¾;dj 18 wOHCIl uKav,h 85 wdodhï m%ldYkh 20 wOHCIljrekaf.a jd¾;dj 86 fYaI m;%h 24 fÊHIaG l wmf.a o¾Ykh wdishd Ydka;slr l,dmfha iqyo;u iy úYsIaG;u fiajd imhk iud.u ùu wmf.a o¾Ykhhs' wmf.a ld¾hh Ndrh wm i;= mq¿,a fiajd mrdih ;= jd¾Isl jd¾;dj 2009 1 uQ,H iqúfYaI;ajh foieïn¾ 31 Èfkka wjika jir i|yd .=' .=' fia' i' taldnoaO l,** re' ñ' j,ska 2009 2 008 ¬$-]* 2009 2008 ¬$-]* msßjegqu 5,491 5,961 -8% 6,924 6,989 -1% CIh lsÍug yd fmd * jeghSfï fjkialï j,g úIhdkql+,h' ^z¬Z jdisodhl $ z-Z wjdisodhl& ** iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.fuys m%;sM, r|jd.;a wdodhï .sKqï ^msgq wxl 84-94& iy ixj¾Okh jHdmD;s .sKqï ^msgq wxl 96-109& iuÕ taldnoaO lr we;' 2 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u ld¾hh idOkfha úfYaI igyka 2009 2008 2007 2006 re'ñ' re'ñ' re'ñ' re'ñ' uQ,H iqúfYaI;ajh nÿ j,g fmr Y=oaO ,dNh 1,441 1,742 2,469 2,120 uq¿ .='.='fia'i' wdodhu ^Kh wdmiq f.ùug fmr& 6,796 6,845 6,199 5,006 foieïn¾ 31 Èkg fldgia ysñhkaf.a wruqo, 5,901 5,167 4,190 2,772 foieïn¾ 31 Èkg uq¿ ia:djr j;alï ^Y='W'w'& 939 377 160 109 foieïn¾ 31 Èkg uq¿ cx.u j;alï 7,187 6,934 5,838 4,282 foieïn¾ 31 Èkg uq¿ cx.u j.lSï 949 939 1,041 1,053 jif¾ uq¿ m%d.aOk úhoï 631 296 84 22 jir wjidkfha uqo,a yd uqo,a iudk oE 4,962 4,999 4,617 3,294 fufyhqï iqúfYaI;ajh cd;Hka;r .=jka .uka ixp,k .Kk 28,624 31,764 33,395 33,189 u.S ixp,;djh* .Kk 4,242,356 4,642,831 4,898,891 4,798,274 .=jka NdKav ixp,;djh** fu' fgd' 138,067 151,952 163,570 170,907 foieïn¾ 31 Èkg uq¿ ld¾h uKav,h .Kk 3,182 3,132 3,001 3,005 wkqmd; j, biau;= lsÍï fldgia ysñhkaf.a wruqo, fjkqfjka nÿ j,g fmr Y=oaO ,dNh ] 24.4 33.7 58.9 76.5 uq¿ wdodhug nÿ j,g fmr Y=oaO ,dNh ] 21.2 25.4 39.8 42.3 uq¿ j;alï j,g uq¿ wdodhu jdr .Kk 0.8 0.9 1.0 1.1 cx.u j;alï j,g cx.u j.lsï jdr .Kk 7.6 7.4 5.6 4.1 tla fiajlhl= i|yd uq¿ j;alï re' '000 2,774 2,551 2,138 1,584 tla fiajlfhl= i|yd uq¿ fiajl msßjeh re' '000 836.8 937.0 661.3 524.5 tla fiajlfhl= i|yd hdkd yeisrùu 9 10 11 11 tla hdkdjla i|yd u.Ska ixLHdj 148 146 147 145 tla fiajlfhl= i|yd u.Ska ixLHdj 1,333 1,482 1,632 1,597 tla fiajlfhl= i|yd yeisr jQ .=jka nvq m%udKh 43.4 48.5 54.5 56.9 yeisr jQ .=jka hdkdjlg uq¿ msßjeh re' '000 141.49 132.8 86.0 70.3 * u.S ixp,;djhkays meñKSu" msgúu" yqjudre iy ixl%uKsl u.Ska wh;a fõ' yqjudre iy ixl%uKsl u.Ska foj;djla .Kka f.k we;' ** .=jka NdKav ixp,;djhkays wdkhk" wmkhk yd yqjudre NdKav wh;a jk w;r .=jka ,sms wh;a fkdfõ' yqjudre NdKav foj;djla .Kka f.k we;' jd¾Isl jd¾;dj 2009 3 remsh,a ñ,shk1"441 nÿ j,g fmr Y=oaO ,dNh fuu j¾Ih ;=< § wmj ks¾jpkh l< yd wmf.a id¾:l;ajh we;s l< w.hhs' 4 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u 28,624 yeisr jQ cd;Hka;r .=jkahdkd ixLHdj 4,242,356 uq¿ u.Ska ixLHdj fu'fgd'138,067 yeisr jQ .=jka nvq m%Odk w.hka wmf.a ld¾h idOkfha jeo.;a N+ñldjla rÕ olajkjd fiau th .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.fuys wm nerEreïj .kakd fohls' tneúks" wm wjqreoao mqrd wka wh w;=ßka ke.S isàug fkdmsßfy,d jev lghq;= lrkqfha' bÈß jir ;=< óg;a jvd by jd¾Isl jd¾;dj 2009 5 iEu wjqreoaolu ñ,shk 5 la muK u.Ska ixLHdjla úfõlh fyda rdcldß lghq;= j,g" ixl%uKh ùug" fld 6 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u fld th wdrïN jqfha''''' wdrïNfha§ Y%S ,xld rch fufyhqï yd isú,a .=jkafiajd l¾udka;hg wod< weußld tlai;a ckmofha Ñldf.da kqjr§" md,k hk oaú;aj ld¾hhka lrk ,È' rcfha m%;sm;a;s l%shd;aul lsÍu yd 1944 fkdjeïn¾ ui cd;Hka;r .=jka fuh miqj" 1979 wxl 46 ork .=jka wëlaIKh lsÍu" isú,a .=jka fiajd fiajd yd iïnkaO .eg¿" cd;Hka;r .=jka f;dgqm, wêldß mk; ìysùu;a iu. wud;HdxYh u.ska isÿ lrkq ,nhs' rch iSud w;r .=jka .uka yd wod< kS;suh" fjkia úh' .=jka f;dgqm, wêldßhg fjkqfjka kshdul n,;, l%shd;aul lsÍfï wd¾Ól ;dlaIKhkag wdod< lreKq fufyhqï lghq;= mjrk ,o w;r" j.lSu isú,a .=jkafiajd wOHlaI;=ud wduka;%Kh lsÍug rgj,a 52 la tl;= isú,a .=jka fiajd wOHlaI ckrd,a fj; wdrïNfha§ mejÍ ;sìKs' 2002 úh' tys m%ÓM,h jQfha thg iïnkaO jQ úiska md,k lghq;= r|jd .kakd ,È' foieïn¾ isg tu j.lSu isõ,a rgj,a w;r cd;Hka;r isú,a .=jka fiajd .=jkafiajd wêldßh fj; mjrd we;' iïuq;shlg w;aika lsÍuhs' .=jka .uka fõ.j;au .ukd.uk udOHh f,i ms 8 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u Y%S ,xldj ;=< 25 jirl .=jka fiajdj Y%S ,xldfõ .=jka fiajd l¾udka;h 1930 § .=jka hdkd wNHka;r .=jkaf;dgqm,j,a id¾:l úh' fuu .=jka .uka kej;;a r;au,dfka bÈ lrk ,o ..k hd;%dx.kh w;r l=,S moku u; .uka wdrïN w;aysgqùug isÿjQfha furg Woa.; jq W;=re iu. Wm; ,o w;r th úYd, jYfhka lf jd¾Isl jd¾;dj 2009 9 úfYaI isÿùï ys Èk jljdkq tlai;a rdcOdksh yd bkaÈhdj w;r Y%S ,xldj yryd ,sms yqjudre l%uh §¾> lsÍug 1932 ,xld wdKavqldrjrhd idlÉPdd lsÍu' 1934 r;au,dfka ..k hd;%dx.khla bÈlsÍug ,xld rdcH ljqkai,h ;SrKh lsßu' r;au,dfka ..k hd;%dx.khla bÈ lsÍu wjika ùu yd ,xld .=jka iudch úiska .=jka .uka 1936 fmdÿ ck;dj fj; ,nd§u' m%:u .=jka ix;rK mk; kS;s.; lsÍu' ,xld ,dxPkh ork m%:u .=jka hdkd ;=k 1937 .=jka hdkd frðiagrhg we;=,;a lsÍu' r;au,dfka .=jka f;dgqm, fmnrjdß 28 jk od wdrïN lsÍu' tys uyck lghq;= ms,sn| wOHCI" 1938 isú,a .=jka fiajd wOHCIl moúhg m;aùu' 1939 mq;a;,fï § yÈis wjodkï wjia:djl § .=jka hdkdjla f.dvneiaiùu isÿ ùu' 1942 fojk f,dal hqoaOfhka miq rdclSh .=jka yuqodj úiska r;au,dk .=jka f;dgqm, md,k lghq;= ish;g .ekSu' 1945 ,xldj yryd ´iafÜ%,shdj yd tlai;a rdcOdksh w;r ,ekaleiafÜ%ka fiajdj ;u fufyhqï lgh;= wdrïN lsÍu' m%jdyk wud;HdxYh hgf;a isú,a .=jka fiajd fomd¾;fïka;=j wdrïN lsÍu yd r;au,dk 1946 .=jkaf;dgqm, isú,a .=jka .uka lghq;= i|yd rdclsh .=jka yuqodj fj;ska mjrd .ekSu' úÿ,s ixfoaY wud;HdxYh hgf;a cd;sl .=jka fiajh jk —thd¾ isf,daka˜ wdrïN lsÍu 1947 iy fld 1948 YS% ,xldj cd;Hka;r isú,a .=jka ixúOdkfha idudðl;ajhg m;a lsÍu' 1950 1950 wxl 15 ork .=jka ix;rK mk; kS;s .; lsÍu" .=jka kshuqjka mqyqKq lsÍfï welvñh ia:dms; lsÍu 1955 —thd¾ isf,daka ˜ yd KLM rdclsh ,kafoais .=jka fiajh .súiqulg t<öu' 1959 cd;Hka;r .=jka .uka lghq;= fufyhúu lgqkdhlg f.k tAu' lgqkdhl .=jka f;dgqm, ixj¾Okh lghq;= wdrïN lsßu' lekvd rcfha iyfhka RAF Odjk m:h óg¾ 1"840 isg 1963 3"350 la olajd §¾> lsÍu' u.S m¾hka; f.dvke.s,a, jirlg u.Ska 150"000 la yeisrúh yels mßÈ bÈlsÍu' 1968 m¾hka; f.dvke.s,a," .=jka Odjk m: msúiqï ud¾." .=jka hdkd kej;=ï wx.kh bÈlsÍu' cd;sl .=jka fiajdj jk —thd¾ ,xld˜ .=jka fiajdj msysgqùu' 1979 1979 .=jka f;dgqm, wêldß mk; kS;s.; lsÍu yd ta hgf;a .=jka f;dgqm, wêldßh msysgqùu' 10 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u .=jkaf;dgqm, wêldßh úiska isú,a .=jka .uka fomd¾;fïka;=j hgf;a ;snq isú,a .=jka .uka 1980 fufyhqï lghq;= mjrd .ekSu' 1981 Y%S ,xldfõ isõ,a .=jka lghq;= i|yd rcfha ysñldß;ajh hgf;a wdh;khla wdrïN lsßug rch ;SrKh lsÍu' 1982 ..k kdúl mkf;ys ixfYdaOk isÿ lsÍu' .=jka f;dgqm, yd .=jka fiajd ^Y%S ,xld& iud.u ^.='.='fia'i& msysgqúu yd ta u.ska .=jka f;dgqm,g 1983 wod< ish¨u ixj¾Okhka" kv;a;= lsÍï" mßmd,kh yd fiajd iemhSu isÿ lsÍu' ixj¾Ok jevigyk hgf;a kj .=jka Odjk m:h" u.S m¾hka; f.dvke.s,a," .=jka .e,a ixlS¾Kh" .=jka 1984 .uka md,k l=¨K yd ..k kdúl fiajd yd kv;a;= fiajd ixlS¾K bÈ lsßfï lghq;= wdrïN lsÍu' 1987 ixj¾Ok jevigyk wjika ùu yd kj Odjk m:fha iy jd¾Islj ñ,shk 3'5 l u.Ska 1988 m%udKhla yeisrùfï Odß;dj we;s u.S m¾hka; f.dvke.s,af,ys jev lghq;= weröu' 1992 .=jka .e,a .ïudkh msysgqùu' .=jka md,ï wglska hq;a fkrej bÈlsÍu" u.S m¾hka;h mq¿,a lsÍu" m%fõYdx.k yd fjk;a myiqlï 2005 jeäÈhqKq ùu fya;=fjka fkdjeïnrfha§ .=jkaf;dgqm,g iïmQ¾Kfhka kjH jQ fmkqula ,eîu' 2008 .='.='fia' iud.u ;u .=jka .uka lafIa;%fha ch.%dyS 25 jk jir ieuÍu' w;s.re ckdêm;s uyskao rdcmlaI ckdêm;s;=ud úiska yïnkaf;dg 2009 cd;Hka;r .=jkaf;dgqm, ^n'cd'.=& i|yd uq,a ., ;nk ,È' jd¾Isl jd¾;dj 2009 11 iNdm;s;=udf.a mKsúvh kj wNsfhda. ch .eksug kj ixialD;shla wyi Wig jka jQ wkka;hla ke;s .ukl '''''' uqyqK mqrd me;=reKq fidªre iskyj .uka u. mqrdjg '''''' 12 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u fuu mKsúvh w;=rem;a lrk w;r uki wmf.a wdodhï m%Njhka yelshdj ,enqKq w;r Bg iu.dój ;=< id¾:l;ajh ms jd¾Isl jd¾;dj 2009 13 iNdm;s;=udf.a mKsúvh bÈßhg ' ' ' 2008 jif¾ ,dNh u; mokïj wOHlaI jeo.;alula we;s u.Skag wka;¾cd,h ie,iqï ilia lrk w;r ;rÕldÍ;ajh uKav,h úiska 2009 cQ,s 31 jk Èk yryd mQ¾j fjkalr .ekSï ;= 14 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u fuu l%uh fjkiaùu w;HjYH nj jir ;=,§ re'ñ,s' 91'2 l odhl;ajhla ,nd udf.a yDohd.u lD;{;dj m,lrñ' wjfndaO lr.ksñka wmf.a fiajl uKav,h § we;s fojk cd;Hka;r .=jkaf;dgqm, tfukau lsisÿ úgl fkdmiqniakd i¾j fj; iïm%odhkql+,j fukau kQ;k ixl,am bÈlsÍfï jevlghq;= l%shd;aul lsÍu;a iqNjd§ wdl,am orkakd jQ uq¿ wOHlaI u; f.dvke.=kq jevigyka we;=,;aj iuÕu ;j ÿrg;a wmf.a ;;a;ajh uKav,hg;a ;u ;ukaf.a wxYj, yriald¾h lKavdhï k.d isgqùfï yd Yla;su;a jkq we;' ;j;a re'ñ,s' 1'2 l l jd¾Isl jd¾;dj 2009 15 fld jd¾Isl jd¾;dj 2009 17 wOHCIl uKav,h jfï isg ol=Kg wdkkao .=K;s,l - wOHCI wd¾' ã' t,a' ùrisxy - wOHCI fhdydka chr;ak - úOdhl wOHCI m%ikak fÊ' úl%uiQßh - iNdm;s PdhdrEmfha fkdue;s B,shka kdkdhlaldr - wOHCI 18 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u jfï isg ol=Kg lu,a r;aj;a; - Wm iNdm;s ir;a chiqkaor - wOHCI fldai, úl%ukdhl - wOHCI tï' iS' Ô' uySmd, ñh - iud.ï f,alï jd¾Isl jd¾;dj 2009 19 wOHCIljrekaf.a jd¾;dj 2009 foieïn¾ 31 Èfkka wjika uQ,H m%ÓM, yd wkd.; ixj¾Okhka iduqysl md,k rduqfõ úêúOdk j,g j¾Ih i|yd ms 20 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u 2009 foieïn¾ 31 fjks Èkg fldgia 2007 wfm%a,a ui 18 jk od b,a,d wia uQ,H m%ldYk ms jd¾Isl jd¾;dj 2009 21 wOHlaIljrekaf.a jd¾;dj bÈßhg ' ' ' jHjia:dms; f.ùï wkd.; ixj¾Okhka iud.u flfrys wOHlaIljrekaf.a rchg" fjk;a kshdul wdh;k j,g • fojk cd;Hka;r .=jkaf;dgqm, ne£u yd fiajlhskag wod 22 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u jd¾Isl jd¾;dj fuu jd¾;dfõ kshñ; msgm;a ixLHd md¾,sfïka;=jg" ú.Kldêm;s ;=udg" fmdÿ jHjidh fomd¾;fïka;=jg" Y%S ,xld .Kldêldß yd ú.Kl m%ñ;s fufyhqï uKav,hg yd fiiq mrÿ Ndrlrejka fj; hjkq ,efí' jd¾Isl uyd iNd /iaùu 2010 cqks 23 jk Èk jd¾Isl uyd iNd /iaùu mj;ajkq we;' lD;{;djh iud.fï wruqKq bgqlr .ekSu Wfoid iud.fï iEu fiajlfhla úiskau ,ndÿka w.kd odhl;ajh yd iydh iksgqyka lsÍug wOHlaIl uKav,h fuh wjia:djla lr.kq leue;af;ah' iud.ug ish m%h;akhkaysÈ wLKavj iydh ÿka Y%S ,xld rchg;a" jrdh yd .=jka fiajd wud;HdxYhg;a" wfkl=;a wdh;k j,g;a wOHlaI uKav,h ish lD;{;dj m m%ikak fÊ' úl%uiQßh ví'võ'ú' wd¾'võ'ms' wd¾'tia'ms' iNdm;s 2010 cQks 3 jk od jd¾Isl jd¾;dj 2009 23 fÊHIaG l jfï isg ol=Kg ví,sõ' iS' ;sfiard ñh - m%OdkS ..k kdúl fiajd ^jev n,k& iS' jkaks.u - m%OdkS wNHka;r ú.Kk iy ;;a;aj iy;sl ã' tka' ta' chuy - m%OdkS isú,a bxðfkare - kv;a;= úka.a ludkav¾ ã' úfÊiQßh - wdrCIl l 26 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u fld wjika fkdjQ f,dal wd¾Ól wjmd;h wd¾Ól .s,dneiaulg yiqfkdù A 380 .=jka nia kj;d ;eîug ;djld,sl iu.ska we;sjQ miqniakd o¾Yl fkd.e,jqKq Y%S ,xldjgo foaYSh jYfhkao wkque;sh ,nd§ we;' n'cd'.=' u.S m¾hka; fya;=fldgf.k .=jkafiajd l¾udka;h jif¾ uq,a w¾Oh ;=, W.% jQ wdrlaAIl f.dvke.s,af,a uq¿ ìï m%udKh j¾. mdvq ,nñka b;sydih ;=< whym;au .eg¿ we;=¿ w¾nqo iu.o igka lsÍug ñgr 90"000 la jk w;r Wiia ;;ajfhka jir iksgqyka lrkq ,enQfha ie,l+ j¾Ih isÿúh' tkuqÿ .='.='fia'i' fuu wNsfhda.hka hq;a .=jka u.S md,ï fodrgq 8 lska yd ;=<§h' tu whym;a wd¾Ól ;;a;ajh ;=< ;=< isáñka tys fufyhqï lghq;= Yla;su;a .=jka u.s md,ï 14 lska o iukaú; úfYaIfhka weußld tlai;a ckmoh yd lsÍug wjYH úúO Wmdhud¾.sl ie,iqï fõ' rgj,a 21 la lrd .=jka ux 46 la hqfrdamfha úfõlh msKsi yd jHdmdßl hk l%shd;aul lsÍu ksid n,dfmdfrd;a;= jQjdg Tiafia u.S yd NdKav ixp,k isÿlrhs' foj¾.fhau .uka neiaula fmr fkdolakd jvd hym;a m%ÓM, w;alr.ekSug yels úh' fuh 2009 wf.daia;= isg foieïn¾ ,o wkqmd; olajd my; jeáK' jHdmdßl .ukaj, my< neiaug uQ,sl fya;=j n'cd'.= j¾;udk fufyhqï wka;¾cd;sl fj<|dfï mej;s fkdk.akd úisyh jirl l%shdldÍ;ajfhka miqj fj<| .=jka ixp,k iq¿ iajrEmh jk w;r úfõlh msKsi jQ ñ,shk 4'9 l u.S Odß;djla jd¾Islj .ukaj, wvqùug fya;=j miq.sh jirj,g yiqrjñka l u.S ixp,k tall ‘000 5,000 re'ì,shk 4,000 3,000 1.4nÿ fmr ,dNh 2006 2007 2008 2009 28 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u .=jka nvq ixp,k n cd'.='ys yeisr jQ u.Ska fu'fgd' (‘000) tall 200 550,000 500,000 150 450,000 400,000 100 350,000 300,000 50 250,000 0 200,000 2006 2007 2008 2009 ck' fmn' ud¾' wfma%' uehs cqks cQ,s wf.da' iema' Tla' fkdje' foie' 2009 2008 re'ì,shk 1. 6 re'ì,shk4.5 re'ì,shk 0.6 ..k kdúl wdodhu ..k kdúl fkdjk wdodhu fjk;a wdodhï Wvq.=jfka ix;rK olajd ksßlaIKh l< u.s ixp,k fldg jvd;a ie,lsh hq;= m%jK;dj f,i miq.sh jif¾ tu ld, mßÉfþohg keú ke.Sfï .dia;= wdodhï W;amdokh tall. idfmalaIj 8] l by< hdulg re' ì,shk 2'3 la ùu oelsh yelsh' 16,000 odhl;ajh iemhSh' keú ke.Sfï .dia;= j,g hg;a jq u.Ska 14,000 ixLHdj 1"571"409 jq w;r th u.Ska fufyhqï iudf,dapkh 93"556 l j¾Okhls' flfia jqjo .=jka 12,000 n'cd'.= ys .=jka hdkd ixp,kh 9'8] lska nvq fufyhqï" jir w.Nd.fha l%ñl by< 10,000 tkï 31"764 isg 28"624 la olajd 2009 hdula fmkakqï l 2,000 hdu yd u.S ixp,kh 6] l by< hdfuks' fmfkk by< hdulska hq;a 1"096"004 j¾Ih mqrd whym;a ixp,k yereKq la jq uqM wuq;a;ka m%udKhla n'cd'.=' 0 2006 2007 2008 2009 fufyh jqfha 445"609 la jk meñfKk jd¾Isl jd¾;dj 2009 29 jHdmdßl iudf,dapkh bÈßhg ' ' ' yd 650"395 la jk msgjk wuq;a;ka jk mrsÈh' ,sys,a jqkq wdrCIl mshjr" uyck fm%aCIld.drh újD; úu yd jdyk kej;=ï ksido wu;r wdodhï ud¾. oelsh yels úh' yïnkaf;dg cd;Hka;r .=jka f;dgqmf,ys bÈlsÍï wdrïN lsÍu hqoaOh wjidkh iuÕ rcfha fõ.j;a há;, myiqlï mq¿,a lsÍfï ie,eiau yd iu.dój fojk cd;Hka;r .=jka f;dgqm, ixj¾Okh lsÍfï ie,eiau .='.='fia'i' fõ.j;a lf 30 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u ud¾. Tiafia wdrïN lr we;s w;r bka by< wyfia msheöu u; ckkh jk .=jka ix;rK wdodhï Wmojd we;' w;ruÕ§ .=jka ix;rK fiajd wdodhfï Okd;aul by A 380 .=jka nia YS% ,dxlsl wjldYh ;= jd¾Isl jd¾;dj 2009 31 jHdmdßl iudf,dapkh bÈßhg ' ' ' fvdókShka iuqydKavqfõ meje;a jq 11 ..kdx.kh ;=, .=jka hdkd fufyhqï j, jeks f.da,Sh TRAINAIR jevuqMfjÈ yd wdrCIdj wLkavNdjh yd ld¾HCIu;djh iuqMfõ§ úYd, ms 32 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u fojk mshjr Èh;a lsÍug mdßißl wdrlaIK n,m;%h ,nd.kq ±lsh yelsh' cmdk .=jka f;dgqm, WmfoaYl ixia:dms; iud.u yd iS$i ksfmdkafldhs iud.fuys noaO jHdmdrhla jk WmfoaYl iud.u mQ¾j iqÿiqlï yd ñ, bÈßm;a lsÍï iuÕ wjidk ks¾udK jd¾;dj 2009 wf.daia;= ui bÈßm;a lr we;' 1955 .=jka ix;rK mk; j.ka;s 106 ^5& wkql+,j isú,a .=jka fiajd wêldßfha wkque;sh ,nd we;' we'fvd' ñ,shk 350 l weia;fïka;=.; úhoulg bÈlsÍï 2012 j¾Ifha§ wdrïN lr j¾I 2016 § ksu lsÍug n,dfmdfrd;a;= fõ' fiao udj; - m%fõYdx.kh 2016 È u.S Odß;dj ñ,shk 6 lska by< hhs' jHmD;sh i|yd uQ,H myiqlï i,id wkd.; ±lau yïnkaf;dg jrdhg hdnoj msysgd we;s .ekSug wh÷ïm; cmdk iyfhda.s;dj yïnkaf;dg wka;¾cd;sl fyhska tys fufyhqï wdrïN lsÍu;a iuÕ ms jd¾Isl jd¾;dj 2009 33 jHdmdßl iudf,dapkh bÈßhg ' ' ' fhdað; yïnkaf;dg wka;¾cd;sl .=jka f;dgqmf,a wdlD;shla bkaOk msrjqï y, fjk;a ia:dkhl n'cd'.=' ys Odjk m:h mq¿,a lsÍu yd ia:dk.; lsÍu we;sÍu fld fhdað; nyquÜgï j, m¾hka; f.dvke.s,a, iuÕ ti jQ msúiqï ud¾. 34 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u 2009 § iemhQ fiajd msg;aj hk u.Skaf.a ieleiau wdrCIl fiajfha mßCIdj" we;=,a lsÍu" ú.uk ls%hdmámdáh úkdä 38 la ;=< iïmQ¾K lrk u.Skaf.a m%;sY;h 100% meñfKk u.Skaf.a ieleiau wd.uk ls%hdmámdáh" f¾.=j uÕska ksoyia lsÍu" .uka u¿ ,nd .ekSu f.dvneiSfuka miq úkdä 38la ;=< iïmQ¾K lrk u.Skaf.a m%;sY;h 100% .uka u¿ ksoyia lsßu ^m%:u nE.h& .=jka hdkh keje;a jQ wjia:dfõ isg .uka u¿ mÍCIdjg we;=<;a lr m .uka u¿ ksoyia lsÍu ^wjika nE.h& .=jka hdkh keje;a jQ wjia:dfõ isg .uka u¿ mÍCIdjg we;=<;a lr wjika nE.h ksoyia ùu úkdä 30 la ;=< isÿùfï m%;sY;h 65% fld 100% f.dvnEfï § yd .=jka .; lsÍfï § ;onoh ksid we;s jk m%udohka md,kh ;onoh ksid .=jka .; lsÍfï § yd f.dv nEfï § w;a±lSug isÿjk m%udohka m%;sY;hla f,i uq¿ ixp,khkaf.ka 5] lg jvd wvqfjka ;nd .ekSu 100% mj;akd by< ;dCIKhlska hq;a moaO;s - 2009 jdhq iñlrK 100% moaO;sh * iajxlS%h u.S 100% .ukd.uk moaO;sh .uka u¿ yeisrùfï 100% moaO;sh meñKSï .=jka ix;rKh i|yd 97% ikaksfõokh ksÍCIK moaO;sh 99% n'cd'.=' ..kkdúl moaO;sh 93% bf,lafg%dksl wdrCIl 98% ;sr moaO;sh 92 94 96 98 100 % * u.S m¾hka; f.dvke.s,a, ;=< 260C fkdjeä idudkH WIaK;ajhla 95] ld, fõ,djla ;=< mj;ajdf.k hdu' jd¾Isl jd¾;dj 2009 35 jHdmdßl iudf,dapkh bÈßhg ' ' ' ixpdrlhkaf.a meñKSu jdih lrk rg yd meñKsfï mrud¾:h wkqj 2009 - 2008 YS% ,xld ixpdrl uKav,fha ixLHd;aul f;dr;=re u; jdih lrk rg uq¿ tl;=j úfkdaoh msKsi mqoa.,sl m%o¾Yk yd ys;ñ;=rka wd.ñl yd fjk;a ld¾hd,sh iïuka;%K yd {d;Ska ixialD;sl jHdmdßl ne,Sug lghq;= 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 W;=re weußldj 25,565 28,050 15,330 18,218 2,536 2,206 247 243 4,895 5,170 641 671 1,916 1,542 ngysr hqfrdamh 170,123 167,187 146,159 143,360 10,007 7,922 770 682 7,526 9,649 1,413 1,498 4,248 4,076 kef.kysr hqfrdamh 26,310 29,443 21,841 27,085 1,370 821 442 94 1,192 376 364 346 1,101 721 wms%ldj 1,549 2,141 1,121 988 201 276 55 49 12 138 116 500 44 190 ueofmrÈ. 23,741 16,776 21,721 13,368 1,254 1,065 189 66 412 417 21 72 144 1,788 wdishdj 174,534 173,039 128,047 105,568 22,338 23,927 4,386 4,529 8,108 13,731 6,360 8,241 5,295 17,043 ´iafÜ%,shdj 26,068 21,839 22,956 12,492 767 1,044 173 204 977 6,823 212 195 983 1,081 uq¿ tl;=j 447,890 438,475 357,175 321,079 38,473 37,261 6,262 5,867 23,122 36,304 9,127 11,523 13,731 26,441 wNHka;r .=jka f;dgqm, cd,h wka;¾cd;sl lkalika;=rh .=jka f;dgqm, fj<| jákdlula we;s wNHka;r .=jka f;dgqm, wNHka;r .=jka f;dgqm, jõkshdj ;s%l=Kdu,h wkqrdOmqr ys.=rlaf.dv mq;;,u iS.sßh uvl wïmdr n'cd'.= r;au,dk lgql=rekao y'cd'.= fld.a., 36 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u tl;= l< w.fhys m%ldYkh j;alï m%;sia:dmkh lsÍug yd mq¿,a lsÍfï jevigyka i|yd wdh;kh ;=< r|jd.;a yd kej; wdfhdackh l< uqo,a ie 2009 2008 re' 000Z re' 000Z wdodhu 6,165,975 6,060,710 fjk;a wdodhï 630,235 784,388 6,796,210 6,845,098 w¨;ajeähd yd kv;a;= úhoï (213,780) (216,005) ndysr fiajd úhoï (735,875) (547,799) tl;= l< w.h 5"846"555 6"081"294 % % tl;= l< w.h fnod yeÍu fiajd kshqla;slhkag fõ;kh yd m%;s,dN 2,662,565 46 2,934,844 48 rchg nÿ 674,180 12 1,037,662 17 fldgialrejkag ,dNdxY 200,000 3 - - Kh m%d.aOk iemhqïlrejkag kej; f.ùï 1,305,393 22 883,867 15 jHdmdrfha r|jd .ekSï laIh lsÍï 70,063 1 56,275 1 jHdmdrfha r|jd .ekSï fjka lsÍï 934,355 16 1,168,647 19 5"846"555 100 6"081"294 100 2009 2008 fiajd kshqla;slhkg 46% fiajd kshqla;slhkg 48% Kh m%d.aOk iemhqïlrejkag 22% Kh m%d.aOk iemhqïlrejkag 15% jHdmdrfha r|jd .ekSu 17% jHdmdrfha r|jd .ekSu 20% rchg 12% rchg 17% fldgialrejkag 3% fldgialrejkag 0% jd¾Isl jd¾;dj 2009 37 uQ,H iudf,dapkh 1983 wxl 11 ork .=jka ix;rK lrkqfha ixl%uksl uÕska 862"578 ^úfYaI úêúOdk& mk; hgf;a rcfha isg 575"912 olajd miqnEula jd¾;d uq¿ wdodhu ksfhdað;hd f,i iud.u j¾;udkfha lsÍu ksid isÿjQ uq¿ u.S ixp,k .sKqï lÜg, 03 la mj;ajdf.k hhs' ixLHdj 8'6] lska wvqjk w;rh' re' ñ' 7,000 1' iud.ï .sKqï wu;r wdodhï we;slr .ekSu i|yd 6,000 i,ld n,kq ,enQ jif¾§ iud.u 2' flÍf.k hk m%d.aOk jHdmD;s u; úiska fkdfhl=;a WmdhYS,S ls%hdud¾.hka 5,000 r|jd.;a wdodhï wruqo,a .sKqï wkq.ukh lr we;' ta i|yd .;a ls%hdud¾.hka f,i kj .=jka NdKav 4,000 3' cd;sl whjefhka .=jkaf;dgqm, f.dvke.s,a, YS% ,xlka .=jka iud.ug ixj¾Okh i|yd odhl;ajh u; jeh l=,S moku u; ,nd§u" .sukay,a myiqlï 3,000 YS¾I wruqo,a .sKqu' m%;sjHqy.; lsÍu iy kj ixl%uKsl 2,000 fydag,hla mj;ajdf.k hdu ±laúh yel' 2005 wf.daia;= ui .kakd ,o leìkÜ 1,000 ;SrKj, kshuhka wjika tlÕ;djhg meñKs jyd .sKqï ix.; lrkq ,efí' 0 2006 2007 2008 2009 my; iudf,dapk iud.fï uQ,H jd¾;d u; mokïj we;' wdodhï ldKav jYfhka msßjegqu 2008 g idfmalaIj 2009 uyd NdKavd.drhg wdmiq f.jk ,o .=jkaf;dgqm, ixj¾Okh i|yd rcfhka ,nd.;a Kh uqo,a wdmiq f.ùu .sKqï.; lsÍug fmr uq¿ wdodhu re' ñ' 6"796 la f,i miq.sh jif¾ jQ re' ñ' 6"845 g 2009 2008 idfmalaIj 1] l iq¿ miqnEula igyka lrhs' ..k kdúl wdodhïj, re' ñ' 79 l miqnEula jd¾;djqj;a jif¾ fojk Nd.fha§ jQ ..k kdúl fkdjk wdodhï ..k kdúl 24% ..k kdúl 25% ys jeäùu" uq¿ wdodhï miq.sh jir yd ..k kdúl fkdjk 67% ..k kdúl fkdjk 65% iudk w.hla .ekSug odhl ù we;' fjk;a wdodhï 9% fjk;a wdodhï 11% l=,S yd wkq.%dyl .dia;= u; wdodhï uq¿ wdodhfuka 37] la f,i jd¾;d lrkqfha miq.sh jirg idfmalaIj 13] l l=,S fufyhqï úhoï ;jÿrg;a ish¿u jHdmdr yd fiajd wdodhfuys isÿ jQ jeäùu w;rh' fiajd iemhSfï iud.ula f,i lghq;= lrk wxYhka ie,l+ jir ;=< wu;r úhoï fj<|m, fmd,S wkqmd;Skaf.a isÿ jQ .='.='fia'i' ys uq¿ msßjefhka m%;sY;hla lmd yeÍu i|yd uy;a mßY%uhla .ekSfï iS.% miqneiSu;a iuÕ" miq.sh jif¾ f,i .;al< fiajl uKav, msßjeh 66] m%;sM,hla jQfha iud.u 2008 jif¾§ uq¿ wdodhfuka 9'5] la f,i igyka jQ l idudkHhla igyka lrhs' miq.sh jif¾ re' ñ' 4"220 la jQ fufyhqï úhoï re' fmd,S wdodhu 8'6] olajd wvq ù we;' jQ re' ñ' 2"935 la jQ tu msßjeh fuu ñ' 4"051 olajd re' ñ' 169 l wvqùulg jif¾§ re' ñ' 2"663 olajd re' ñ' 272 2009 jir ;=< iSud lsÍug yels ùuhs' i,ld n,kq ,enQ j¾Ifha§ keõ ke.Sfï lska wvq ùula fmkakqï lrkqfha miq.sh nÿ wdodhu 4] l by, hdula jd¾;d jif¾§ jegqma ixfYdaOkh ksid isÿ jQ jeämqr fjkalrk ,o wu;r msßjeh ksidh' 38 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u úhoï wdlD;sh 2008 g idfmalaIj 2009 2009 2008 mqoa., msßjeh 66% mqoa., msßjeh 70% mßmd,k úhoï 10% mßmd,k úhoï 7% ia:dms; lsÍfï - úÿ,s 13% ia:dms; lsÍfï - úÿ,s 13% ia:dms; lsÍfï - fjk;a 4% ia:dms; lsÍfï - fjk;a 4% w¿;ajeähd yd kv;a;= 5% w¿;ajeähd yd kv;a;= 5% laIh lsÍu 2% laIh lsÍu 1% ,dNodhs;ajh • foam," msßh; yd WmlrK u; lrk iud.u nÿ fmr ,dNh f,i re' ñ' 1"441 ,o úhoï 2009 jif¾ re' ñ' 631 la 2009 foie' 31 Èfkka wjika jQ jir la úh' fuys m%Odk ix>glh jkafka i|yd jd¾;d lrhs' th miq.sh jif¾ ixj¾Ok jHdmD;sfhys fojk wÈhr jd¾;d l< re' ñ' 1"742 ,dNhg jvd 17] fojk mshjfrys miq ks¾udK iy l miqnEuls' fuhg uQ,sl fya;=j f,i WmfoaYk fiajdjkays wh lsÍï i|yd 2008 jif¾ uyd NdKavd.drhg wdmiq jeh jQ re' ñ' 395 l msßjehhs' f.jkq ,enQ .=jkaf;dgqm, ixj¾Ok Kh yd fmd,S uqo, jQ re' ñ' 884" 2009 jif¾§ • uyd NdKavd.drhg ,dNdxY yd rcfhka re' ñ' 1"305 olajd by, hEu ±laúh yel' ,nd.;a Kh mshùu jYfhka ms .sKqïlrK m%;sm;a;Skaf.a fjkia ùï 2009 ckjdß 1 Èk isg iud.u re' 10"000 g jeä jákdlulska hq;a j;alï m%d.aOk.; lsÍug;a" Bg wvq jákdlulñka hq;a j;alï f;d. úhoï f,i wdodhï yd úhoï m%ldYfha igyka lsÍug;a ;SrKh lrk ,§' fuuÕska jvd;a jeä jákdlulska hq;= j;alï úu¾Ykh lsÍu i|yd jeä wjOdkh fhduqlr we;' uQ,H m%jdy igyk i,ld n,kq ,nk jif¾§ Y=oaO uqo,a msg;g .,dhdu re' ñ' 38 la f,i igyka jkqfha my; fya;+ka ksidh' jd¾Isl jd¾;dj 2009 39 oi wjqreÿ idrdxYh 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 ^re' ñ'& ^re' ñ'& ^re' ñ'& ^re' ñ'& ^re' ñ'& ^re' ñ'& ^re' ñ'& ^re' ñ'& ^re' ñ'& ^re' ñ'& wdodhï m%ldYkh uq¿ wdodhu 5,491 5,961 5,340 4,454 2,619 2,402 1,885 1,633 1,463 1,229 fiajl uKav, msßjeh (2,663) (2,935) (1,985) (1,576) (1,325) (1,285) (1,069) (980) (915) (716) wfkl=;a msßjeh (1,387) (1,285) (886) (758) (624) (561) (592) (652) (485) (282) nÿ j,g fmr fufyhqï ls%hdldrlï j,ska ,dNh$ ^w,dNh& 1,441 1,742 2,469 2,120 670 555 224 1 63 231 wdodhï nÿ úhoï (506) (573) (961) (747) (246) (290) (93) (41) (84) (113) nÿ úhoug miq ,dNh $ ^w,dNh& 934 1,169 1,508 1,373 423 265 131 (40) (21) 118 fldgil bmehSu re' 4,672 5,843 7,542 6,865 2,115 1,324 654 (202) (107) 590 fYaI m;%h cx.u fkdjk j;alï foam<" msßh; yd WmlrK 939 377 160 109 128 162 160 183 199 186 ú,ïNS; wdodhï nÿ j;alï 701 677 416 368 ------cx.u fkdjk j;alï j, tl;=j 1,639 1,054 576 477 128 162 160 183 199 186 cx.u j;alï f;d. 233 183 148 148 153 146 122 109 106 108 fj<| yd wfkl=;a ,eìh hq;= oE 1,942 1,687 1,058 840 576 555 455 272 286 178 iïnkaê; md¾Yajhkaf.ka ,eìh hq;= oE 48 65 14 - - - - 76 16 12 flá ld,sk wdfhdack 4,564 4,583 4,069 2,764 1,418 1,335 886 481 460 410 uqo,a yd nexl= fYaIhka 400 416 548 530 14 9 - 1 - 22 cx.u j;alï j, tl;=j 7,187 6,934 5,838 4,282 2,160 2,045 1,463 939 868 730 uq¿ j;alï j, tl;=j 8,826 7,989 6,415 4,759 2,289 2,207 1,623 1,122 1,067 916 fldgia ysñhkaf.a ialkaOh yd j.lSï ialkaO m%d.aOkh 20 20 20 20 20 20 20 20 20 20 ixÑ; 92 92 92 92 92 92 92 92 92 92 fhdað; ,dNdxY $ f.jQ 200 200 100 - 160 120 - - - - iuqÉÑ; ,dNh $ ^w,dNh& 5,790 5,055 4,079 2,660 986 723 578 338 378 366 fldgia ysñhkaf.a ialkaOh 5,901 5,167 4,190 2,772 1,098 955 690 450 490 478 cx.u fkdjk j.lSï rcfha m%odkhka yd ú,ïNS; j.lSï 1,976 1,883 1,184 933 799 772 530 401 323 219 fmd,S f.úh hq;= Kh - - - - 1 3 - - - - cx.u fkdjk j.lSï j, tl;=j 1,976 1,883 1,184 933 800 775 530 401 323 219 cx.u j.lSï fj<| yd wfkl=;a f.úh hq;= oE 692 632 536 409 305 301 267 257 211 180 iïnkaê; md¾Yajhkag f.úh hq;= oE 134 43 37 34 15 7 9 - - - wdodhï nÿ j.lSï 120 264 468 609 19 167 124 7 37 38 fmd,S f.úh hq;= Kh - - - 1 1 1 - - - - nexl= whsrd 3 - - - 52 1 3 7 6 1 cx.u j.lSï j, tl;=j 949 939 1,041 1,053 391 477 403 271 254 219 ialkaOh yd j.lSï j, tl;=j 8,826 7,989 6,415 4,759 2,289 2,207 1,623 1,122 1,067 916 Y=oaO j;alï j,g m%;s,dNh ] 16 23 36 50 39 28 19 (9) (4) 25 Y=oaO ,dN wkqmd;h ] 17 20 28 31 16 11 7 (2) (1) 10 fldgil bmehSu ^remsh,a& 4,672 5,843 7,542 6,865 2,115 1,324 654 (202) (107) 590 cx.u wkqmd;h ^jdr .Kk& 7.6 7.4 5.6 4.1 5.5 4.3 3.6 3.5 3.4 3.3 CIKsl j;alï wkqmd;h ^jdr .Kk& 7.3 7.2 5.5 3.9 5.1 4.0 3.3 3.1 3.0 2.8 uq¿ wdodhug uq¿ msßjeh ^jdr .Kk& 1.4 1.4 1.9 1.9 1.3 1.3 1.1 1.0 1.0 1.2 40 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u uq¿ j;alï iy uq¿ ,dNodhs;ajh j;alï j,g bmhSï nÿ j,g fmr iy miq ,dNh re' ñ' re' ñ' % re' ñ' 7,000 10,000 35 3,000 9,000 6,000 30 2,500 8,000 25 5,000 7,000 2,000 20 6,000 4,000 1,500 5,000 15 3,000 1,000 4,000 10 2,000 3,000 500 5 2,000 1,000 0 0 1,000 0 0 -5 -500 00 01 02 03 04 05 06 07 08 09 00 01 02 03 04 05 06 07 08 09 00 01 02 03 04 05 06 07 08 09 wdodhï uq¿ j;alï nÿ fmr ,dNh úhoï uq¿ j;alï j,g bmhSu nÿ miq ,dNh nÿ fmr ,dNh Y=oaO j;alï iy Y=oaO j;alï j,g bmhSï cx.u j;alï j,g cx.u j.lSï ,dNodhS;ajh iy fldgil bmhSu re' ñ' % re' ñ' re' ñ' % 7,000 60 8,000 8,000 35 7,000 6,000 50 7,000 30 6,000 40 6,000 25 5,000 5,000 30 5,000 20 4,000 4,000 20 4,000 15 3,000 3,000 10 3,000 10 2,000 2,000 0 2,000 1,000 5 1,000 -10 1,000 0 0 0 -20 0 -1,000 -5 00 01 02 03 04 05 06 07 08 09 00 01 02 03 04 05 06 07 08 09 00 01 02 03 04 05 06 07 08 09 Y=oaO j;alï cx.u j.lSï fldgia u; bmhSu Y=oaO j;alï j,g bmehSu cx.u j;alï ,dNodhS;ajh m%d.aOk fhoùu j;alï fhoùu re' ñ' re' ñ' 9,000 8,000 8,000 7,000 7,000 6,000 6,000 5,000 5,000 4,000 4,000 3,000 3,000 2,000 2,000 1,000 1,000 0 0 00 01 02 03 04 05 06 07 08 09 00 01 02 03 04 05 06 07 08 09 fldgia ysñhkaf.a wruqo, cx.u fkdjk j;alï cx.u fkdjk j.lSï cx.u j;alï cx.u j.lSu jd¾Isl jd¾;dj 2009 41 YS% ,xldj l 30"000 lg wdikak m%udKhla yiqrejkq ,nhs' 42 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u fld jd¾Isl jd¾;dj 2009 43 udkj iïm;a .=jkafiajd l¾udka;h ;=< ls%hd;aul jk .='.='fia'i' iud.u ±äf,i úYajdi lrkafka m%odk iud.fï id¾:l;ajh uQ,sl jYfhka r|d mj;skafka tys fiajd kshqla;slhska u; njhs' wka;¾cd;sl isú,a .=jkafiajd ixúOdkh ld¾h idOkh jeks wka;¾cd;sl isú,a .=jkafiajd iïm;a iy ±kqu bf.kSu iy we.hSu iólaIK wdh;kj, wjYH;djkag iß,k l 44 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u mqyqKqfõ 2009 2008 iajNdjh ^meh ^meh j,ska& j,ska& foaYSh - 25"972 10"016 ndysr foaYSh - 11"000 10"104 wdh;kh ;=< úfoaY 3"000 3"556 fiajd kshqla;slfhl=g mqyqKq meh .Kk úfoaY 24 22 foaYSh 24 13 ÿria: ls%hdYS,S;aj j¾Ok mqyqKq jevigyfka lKavdhï ye.Sï f.dvke.Sfï ls%hdldrlï wms úYajdi lrkafka wmf.a fiajd kshqla;slhskag imhk mqyqKqj M,odhS wjYH l=i,;djhka iy ±kqu ms ÿria: ls%hdYS,S;aj j¾Ok mqyqKqfõ§ wd;au úYajdih f.dvk.k wjia:djla ,§' fuu mqyqKqj b,lal lrk ,oafoa fiajd kshqla;lhkaf.a j.lSu" iqyo;djh" wjxlNdjh" lKavdhï yeÕSu kexùug jk w;r Tjqkaf.a .eg¿ ksrdlrK yelshdj jeä lsÍughs' ld¾hd,Sh mßirfhka msg; isÿlrk ,o fuu mqyqKq jevigyfka§ fiajd kshqla;slhkaf.a l=i,;d j¾Okhg ;%dih fhdod.kakd ,§' fhda.H ld,j,§ isú,a .=jkafiajd mqyqKq uOHia:dkfhAÈ .Õk kdúl f;dr;=re fiajd mqyqKqj ,nd foñka jd¾Isl jd¾;dj 2009 45 udkj iïm;a bÈßhg ' ' ' fiajl ixLHdj úia;rh fiajlhska ] ixLHdj mqyqKq yd 1664 52'29 w¾O mqyqKq my, fY%aKs 466 14'64 yd kqmqyqKq úOdhl ks úia;rh 2009 2008 jhia ldKavh fiajlhska ] fiajl ixLHdj 3182 3132 ixLHdj fiajl j¾Okh 1'6] 4'37] 20 g wvq 11 0'35 fiajh yerhdu 3'20] 3'60] 21-30 656 20'61 iafjÉPdfjka 0'98] 1'51] 31-40 1069 33'60 fiajh yerhdu 41-50 1015 31'90 51-56 422 13'25 úOdhl ks 46 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u fiajl iïnkaO;d fiajh l< j¾I .Kk fiajlhskag iduQysl flaj,a lsÍulg we;s whs;sh wms y÷kdf.k thg .re lrk w;r ish¿ fY%aKs w;r ksoyia yd ks¾Nh ixjdohla we;s ùug wms Wkkaÿ lrkafkuq' l jd¾Isl jd¾;dj 2009 47 wdh;ksl iudc fufyjr m%cdj fj; kej; ,nd§u .='.='fia'i' rdcH iud.ula f,i ;u wdh;ksl iudchSh fufyjr bgqlrkq jia lrkq ,nk ish¿ lghq;= iïnkaOfhka wNsudkj;a jkakSh' wm fuh tkï" wdh;ksl wruqKq yd wdh;kfha jHdmdßl Wmdh ud¾. yd noaO jqjla f,i i,lkafkuq' wmf.a wdh;ksl iudc j.lSï ls%hdud¾.¦ iudchSh" wd¾Óluh" udkqISh yd l,d;aul hk wxY olajd mq¿,a mrdihl úysfoa' wm úYajdi lrkqfha" ñksiqkag laIKsl iykhla we;s lrk iudc wdh;ksl j.lSï jHdmD;s yd wxYj, uqo,a wdfhdackh lsÍu muKla fkdj" Tjqkaf.a fldaúkak md,fï bÈlsÍï lghq;= Ôú;j, §¾>ld,Sk n,mEula we;s lsÍuhs' iEu lreKla iïnkaOfhkau mßir .=jka NdKav ixirKh ld¾HlaIuj isÿ iEu jirlu .='.='fia'i' ,dNfhka hï ys;ldó .=jka f;dgqm,la ks¾udKh fõ' lsÍu i|yd fldaúkak Th yryd md,ula m%;sY;hla wdh;ksl iudc fufyjr bÈ lsÍug .='.='fia' iud.fuka ls%hdldrlï i|yd fjkalrkq ,nhs' cd;sl ixj¾Okfha" iduh yd wfmalaIdfõ wruqo,a fhoùug b,a¨ïlr we;' ióm wrefKdaoh;a iu. iud.u" lgqkdhl jmißh ;=< Èúf.jkakka fjkqfjka cd;sfha wkd.;h f.dvke.Su k.rhg wejßj;a; yryd we;=¿ ùug há;, myiqlï jeäÈhqKq lsÍfuka cd;sfha iajNdúl iïm;a j¾;udkhg úl,am ud¾.hla bÈ lsÍu i|yd ud¾. wdh;kfha iudc iqNidOk fhdackd l%u muKla fkdj wkd.; mrmqr fjkqfjkq;a ixj¾Ok wêldßhg re' ñ' 45 l m%odkhla mq¿,aùfï wu;r jdish o ie,fia' /ln,d .ekSfï jeo.;alu m%j¾Okh ,ndfok ,§' lgqkdhl .=jka f;dgqm,g lsÍu .='.='fia'i' úYajdi lrhs' iud.u .=jka NdKav m%jdykh lsÍu yd wdfhdack hqoaOfha wjidkh;a iu.u hqo yuqodjka ldnksl wmú;%" úI øjH Èhmdr j,g m%j¾Ok l,dmfha fiajlhskag ndOdjlska mqkre;a:dmkfhys,d m%Odk N+ñldjla uqod yeÍu je,elaùu" .=jka f;dgqm, jgd f;drj .ukd .uk lghq;=j, fh§u i|yd iud.u bgqlrkq ,eîh' .='.='fia'i' fiajd mßir moaO;sj,g úI uqiqùu yd ndOd nia kej;=ug ÿïßhfmd, iïnkaO lrjk jks;d ix.uh uÕska ud;r .,fndv we;sùu wju lsÍug;a" Wiia ;;ajfhka fuu mshjr uq,mqrd we;' ;jo ksoyia ñh.sh rKúrefjl=f.a mjqf,a Woúhg hq;= u,dmjdyk msßhï hkaf;%damlrK fj<| l,dmfha msysgd we;s wdh;kj,g b;d wjYHlr ;snQ ksjila bÈlrjd moaaO;shla ia:dmkh lr we;' n'cd'.=' mßY%h u.ska W;amdokh jk ldnksl c,h o fuu moaO;sh fj; fhduq flf¾' wmú;% c, l ud;r" .,fndv bÈl, ksji 48 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u fok ,§' fuu mqKH lghq;a; i|yd wdikak jYfhka re' ñ' 1la jeh úh' ;reK uki ±kqj;a lsÍu cd;sfha wkd.; ixj¾Okfha jeo.;a msßila jk ;reK mrmqf¾ wOHdmk wjYH;d yd tys j¾Okh kxjd,Sfï jeo.;alu iud.u y÷kdf.k we;' 2009 fkdjeïn¾ udifha u;a;," yïnkaf;dg cd;Hka;r .=jka f;dgqm, ^n'cd'.=& bÈlsÍï lghq;= wdrïNfha isg m%foaYfha ck;djf.a Ôjk ;;ajhkaf.a mj;sk È jd¾Isl jd¾;dj 2009 49 fld fld .='.='fia'i' rcfha mQ¾K md,kh hgf;a fufyhqï lghq;= md,kh fõ' iduqysl ish kdhl;aj ld¾HhNdrh bgq lsßfï mj;sk iud.ula f,i iud.fï Wmdh md,kfhys m%;sm;a;Skag kdhl;ajh imhk § wOHCIl uKav,hg fjka lrkq ,enQ iïnkaëlrK uÕ fmkaúu yd md,kh yd wOHCIl uKav,hg kdhl;ajh lghq;= iïnkaOfhka tys wOHCIl uKav,h iemhSfï j.lSu ork iNdm;sjrhd rchg j.lsj hq;= fõ' ;jo tys wOHCIl m;a lrkq ,nkafka wud;H;=ud úisks' w' 1983 ys wxl 11 ork .=jka ix;rK uKav,h M,odhs yd úksúoNdjhla we;s WmiNdm;sjrhd yd úOdhl wOHCIljrhd ^úfYaI úêúOdk& mkf;a olajd we;s rduqjla ;=< jHdmdßl ;SrK .ekSu ;= 52 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u iïu; yd m%;sM,odhs md,k l%u ;= jd¾Isl jd¾;dj 2009 53 iduqysl md,kh bÈßhg ' ' ' yd ;;a;aj iy;sl m%OdkS ú.Kk yd • .=jka f;dgqm, f;dard .;a myiqlï yd wud;HxYfha f,alïjrhd tu iudf,dapk l 54 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u 3' ú.Kldêm;s jd¾;d ^ixj¾Ok iqÿiq Ndú;hka wkq.ukh lsßu' wruqof,ys .sKqï ms jd¾Isl jd¾;dj 2009 55 wjodkï l ´kEu wfkl=;a .=jka f;dgqm, .=jkahdkd i|yd kùk ;dCIKfhka hq;= fiajd imhkakkaf.a jHdmdrh flfrys fufyhjkakka fuka .='.='fia' iud.u o ..kkdúl myiqlï ,nd fkdÿkakfyd;a n,mEfõh' .='.='fia' iud.u fj<|fmd< jHdmdßl" ;dCIKsl" kS;suh yd uQ,H m%Odk .=jka fiajdjka wfkl=;a w.aksÈ. ;;a;ajhka fkdlvjd iudf,dapkh lrk wjodkï i|yd fndfyda ÿrlg ksrdjrKh wdishd .=jka f;dr;=re l,dm fj; w;r ieuúgu wdodhï uQ,dY% wdl¾IKh ù mj;S' tu ksid wm wdh;kfha úia:dmkh ùfï wjodkula mj;S' lr .ekSu u; isá' WodyrKhla f,i wjodkï l ;lafiarej WmlrK yd wfkl=;a kùk;u WmlrK thska 2008 jirg idfmaCIj 2009 ñ, § .ekSfï § yd úpd,Sfï § wdfhdackhka jir ;=< 6'5] l n,Yla;s b;sß lsÍul ;=,ska Wmßu jdis ,nd .ekSuhs' id¾:l;ajhla ,eîh' fuu b;sß lsÍu w.h lsÍu m%udK.; l ñkqu l 56 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u wdÈ lreKq ±laúh yel' i|yka l< fmd jd¾Isl jd¾;dj 2009 57 58 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u uQ,Huh f;dr;=re iud.ï .sKqï 61 ú.Kljrekaf.a jd¾;dj 62 wdodhï m%ldYkh 63 fYaI m;%h 64 ialkaOh fjkiaùfï m%ldYkh 65 uqo,a m%jdy m%ldYkh 66 uq,H m%ldYk j,g igyka r|jd.;a wdodhï wruqo,a .sKqï 84 ú.Kljrekaf.a jd¾;dj 85 wdodhï m%ldYkh 86 fYaI m;%h 87 uqo,a m%jdy m%ldYkh 88 uQ,H m%ldYk j,g igyka jeh YS¾I wruqo,a .sKqï ^ixj¾Ok jHdmD;s& 96 ú.Kldêm;sf.a jd¾;dj 100 wdodhï yd úhoï m%ldYkh 101 fYaI m;%h 102 uqo,a m%jdy m%ldYkh 103 úfYaIs; .sKqïlrK m%;sm;a;Skaf.a idrdxYh 104 .sKqï igyka 107 ú.Kldêm;sf.a jd¾;dj iïnkaOfhka meyeÈ,s lsÍfï igyka iud.ï .sKqï 61 ú.Kljrekaf.a jd¾;dj 62 wdodhï m%ldYkh 63 fYaI m;%h 64 ialkaOh fjkiaùfï m%ldYkh 65 uqo,a m%jdy m%ldYkh 66 uq,H m%ldYk j,g igyka 60 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u ú.Kljrekaf.a jd¾;dj GGSM/CDW/DSA/JJ iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.fï fldgia ysñhka fj;" iajdëk ú.Kljrekaf.a jd¾;dj uQ,H m%ldYk iïnkaO jd¾;dj u;h wm úiska iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.fï wmf.a u;h wkqj" wmf.a mÍCIKfhka fmkS hk wkaoug 2009 foieïn¾ 31 Èkg fYaI m;%h iy tÈfkka wjika j¾Ih 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd iud.u ksis i|yd jQ Bg iïnkaê; wdodhï m%ldYkh" uqo,a m%jdy m%ldYkh .sKqï fmd;am;a mj;ajdf.k we;s w;r" .sKqï m%ldYk YS% ,xld iy ialkaOh fjkiaúu" .sKqïlrK m%;sm;a;s iy igyka o iuÕ .sKqïlrk m%ñ;Skag m%ldrj ms ú.Kkfha úIh m:h iy u;fha moku fjk;a kS;s Í;s iy fr.=,dis j,g wod< jd¾;dj wmf.a j.lSu jkafka" wmf.a ú.Kkh mokï lrf.k uq,H wmf.a u;h wkqj" fuu uq,H m%ldYk 2007 wxl 07 orK iud.ï m%ldYk ms jd¾Isl jd¾;dj 2009 61 wdodhï m%ldYkh 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd igyk 2009 2008 ^re'& ^re'& wdodhï 12 4,860,582,144 5,176,842,748 fjk;a wdodhï 13 630,235,141 784,388,448 5,490,817,285 5,961,231,196 fiajl uKav, msßjeh (2,662,564,708) (2,934,843,564) w¨;ajeähd iy kv;a;= úhoï (213,780,359) (216,005,030) wdh;k iy mßmd,k úhoï (1,173,657,371) (1,068,663,845) nÿ j,g fmr ,dNh 14 1,440,814,847 1,741,718,757 wdodhï nÿ úhou 15 (506,460,333) (573,071,725) j¾Ih i|yd ,dNh 934,354,514 1,168,647,032 fldgil bmhqu - uQ,sl 16 4,671.73 5,843.18 msgql wxl 66 isg 8a2 olajd we;s .sKqïlrK m%;sm;a;s iy igyka uq,H m%ldYkj,u wLKav fldgila fõ' 62 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u fYaI m;%h 2009 foieïn¾ 31 Èkg igyk 2009 2008 ^re'& ^re'& j;alï cx.u fkdjk j;alï foam<" msßh; yd WmlrK 3 938,524,649 377,338,982 ú,ïNS; nÿ j;alï 15.2 700,558,084 676,984,586 1,639,082,733 1,054,323,568 cx.u j;alï f;d. 4 232,619,790 182,964,114 fj<| iy fjk;a ,eìh hq;= oE 5 1,989,841,638 1,752,220,239 NdKavd.dr ì,am;a kej; ñ, § .ekSug hg;a neÿïlr iy ia:djr ;ekam;= j, wdfhdack 4,564,267,053 4,583,401,518 uqo,a iy nexl= fYaIhka 400,223,621 415,904,695 7,186,952,102 6,934,490,566 j;alï j, tl;=j 8,826,034,835 7,988,814,134 ialkaOh iy j.lSï m%.aOkh iy ixÑ; ialkaO m%d.aOkh 6 20,000,200 20,000,200 ixÑ; 7 91,624,459 91,624,459 r|jd .;a bmehSu 5,789,772,121 5,055,417,607 ialkaOfha tl;=j 5,901,396,780 5,167,042,266 cx.u fkdjk j.lSï iy ú,ïNS; wdodhï úY%du m%;s,dN j.lSu 9 1,947,374,895 1,880,482,400 rcfha ú,ïNS; m%odkhka 10 28,468,828 2,468,828 1,975,843,723 1,882,951,228 cx.u j.lsï fj<| iy fjk;a f.úh hq;= oE 11 825,552,337 674,401,991 wdodhï nÿ j.lSu 120,272,336 264,418,649 fmd,S j,g hg;a j.lSï 8 2,969,659 - 948,794,332 938,820,640 ialkaOh yd j.lSïj, tl;=j 8,826,034,835 7,988,814,134 2007 wxl 07 ork iud.ï mkf;a úêúOdk j,g wkql+,j fuu uq,H m%ldYk ms uqo,a m%OdkS fuu uQ,H m%ldYk ms wOHCIl wOHCIl msgq wxl 66 isg 82 olajd we;s .sKqïlrK m%;sm;a;s iy igyka uQ,H m%ldYk j,u wLKav fldgila fõ' 2010 uehs 06 fld jd¾Isl jd¾;dj 2009 63 ialkaOh fjkiaùfï m%ldYkh 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd ialkaO fjk;a r|jd.;a tl;=j igyk m%d.aOkh ixÑ; bmehSu ^re'& ^re'& ^re'& ^re'& 2007 foieïn¾ 31 Èkg fYaIh 20,000,200 91,624,459 4,078,563,698 4,190,188,357 ixfYdaê; Ys%','.s'm%' wxl 16 g wod 2008 foieïn¾ 31 Èkg fYaIh 20,000,200 91,624,459 5,055,417,607 5,167,042,266 f.jq ,dNdxY - - (200,000,000) (200,000,000) j¾Ih i|yd ,dNh - - 934,354,514 934,354,514 2009 foieïn¾ 31 Èkg fYaIh 20,000,200 91,624,459 5,789,772,121 5,901,396,780 msgq wxl 66 isg 82 olajd we;s .sKqï m%;sm;a;s iy igyka fuu uq,H m%ldYk j,u wLKav fldgila fõ' 64 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u uqo,a m%jdy m%ldYkh 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd igyk 2009 2008 ^re'& ^re'& fufyhqï ls%hdldrlï j,ska ,enQ$^fh¥& uqo,a m%jdy wdodhï nÿ úhoï j,g fmr Y=oaO ,dNh 1,440,814,847 1,741,718,757 .e,mSï laIh lsßï 3 70,062,774 56,274,551 m%d.aOk úhoï ,shd yeÍu 3 - 22,302,682 l%ñl ixp,k f;d. i|yd fjka lsÍu 3,657,863 3,501,870 wvudk Kh i|yd fjka lsÍï$^wdmiq whlr .ekSï& 115,470,588 72,106,012 wdfhdack wdodhï (489,683,422) (647,294,979) foam<" msßh; yd WmlrK úlsKSfuka ,enQ ^,dNh&$w,dNh (25,010) (1,126,643) rcfha ú,ïNs; m%odkhka l%ulaIh 10 (500,000) (232,568) mdßf;daIsl m%;s,dN i|yd fjka lsÍu 9 157,398,280 597,152,053 ldrl m%d.aOkh fjkiaùug fmr fufyhqï ,dNh 1,297,195,920 1,844,401,735 f;d. ^jeäùu& $ wvqùu (53,313,538) (38,054,391) fj<| yd fjk;a ,eìh hq;= oE j, ^jeäùu& $ wvqùu (335,185,407) (714,968,252) fj<| yd fjk;a f.úh hq;= ± j, jeäúu $ ^wvqùu& 151,150,346 101,789,850 fufyhqï j,ska W;amdÈ; uqo,a 1,059,847,321 1,193,168,942 mdßf;daIsl m%;s,dN f.ùï 9 (90,505,782) (89,647,343) f.jQ wdodhï nÿ (674,180,147) (1,037,662,278) fufyhqï ls%hdldrlï j,ska W;amdÈ; Y=oaO uqo,a 295,161,392 65,859,321 wdfhdack ls%hdldrlï j,ska ,enQ $ ^fh¥& uqo,a m%jdy foam<" msßh; yd WmlrK w;am;a lr .ekSu (631,248,582) (295,762,685) foam<" msßh; yd WmlrK úlsKSfuka ,enQ uqo,a 25,150 1,331,004 ,enqkq fmd,S 471,776,842 610,621,374 wdfhdack ls%hdldrlï j,ska ,enQ Y=oaO uqo,a m%jdyhka (159,446,590) 316,189,693 uQ,H ls%hdldrlï j,ska ,enQ $ ^fh¥& uqo,a m%jdy f.jQ ,dNdxY (200,000,000) - j¾Ih ;=< m%odkhkaf.ka ,eîï 10 26,500,000 - uq,H ls%hdldrlï j,ska ,enQ Y=oaO uqo,a m%jdyhka (173,500,000) - uqo,a yd uqo,a iudk oE j, Y=oaO jeäùu $ ^wvqùu& (37,785,198) 382,049,014 j¾I wdrïNfha uqo,a yd uqo,a iudk oE 17 4,999,306,213 4,617,257,199 j¾I wjidkfha uqo,a yd uqo,a iudk oE 17 4,961,521,015 4,999,306,213 msgq wxl 66 - 82 olajd we;s .sKqïlrK m%;sm;a;s iy igyka fuu uq,H m%ldYk j,j wLKav fldgila fõ' jd¾Isl jd¾;dj 2009 65 uq,H m%ldYk j,g igyka 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd 1' wdh;ksl f;dr;=re 1'1 fmdÿ lreKq iSudiys; .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u YS% ,xldfõ ks;H jdisl iSudiys; iud.ula f,i ixia:dms; lr we;' iud.fï ,shdmÈxÑ ld¾hd,h lgqkdhl nKavdrkdhl cd;Hka;r .=jka f;dgqmf,a msysgd we;' 1'2 uQ,sl ls%hdldrlï iy fufyhqï iajNdjh cd;Hka;rj ms 1'3 m%isoaO lsÍu i|yd wkque;sh ÿka Èkh 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd iSudiys; .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.fï uQ,H m%ldYk m%isoaO lsßu i|yd wOHCIl uKav,fha ;SrKh wkqj 2010 uehs 06 Èk wkque;sh ,nd § ;sfí' 2' fmdÿ m%;sm;a;s 2'1 ms 2'1'1 2005 wf.daia;= 17 Èke;s leìkÜ wkque;shg wkqj .=jka f;dgqmf,a j;alï iy j.lSï iud.fï j;alï iy j.lSï iuÕ taldnoaO lsÍug wjYH uQ,sl lghq;= wdrïN lr we;' fï i|yd .=jka f;dgqmf,a j;alï m%;Hd.Kk lghq;= lrf.k hkq ,efí' fï i|yd l w' iud.fï j;alï iy j.lSï ;lafiare lsÍfï lghq;= m%Odk ;lafiarelre úiska leìkÜ uKav, wkque;sfha fþo wxl 3'6 ys úêúOdkhka hgf;a lrf.k hkq ,efí' wd' iud.u úiska leíkÜ uKav, wkque;sfha i|yka fþo wxl 3'5 ys i|yka wjYH jHjia:dkql+, fjkia lsÍï iïnkaO lghq;= wdrïN lsSu i|yd jrdh yd .=jka fiajd wud;HxYh fj; b,a,Sï lr ;sfí' 2'1'2 wkql+,;d m%ldYkh fuu m%ldYk j, by; wxl 2'1'1 hgf;a tk lreKq yer 2009 foieïn¾ 31 Èkg iud.fï fYaI m;%h iy tÈfkka wjika j¾Ih i|yd wdodhï m%ldYkh" uqo,a m%jdy m%ldYkh" ialkaOh fjkiaùfï m%ldYkh iuÕ .sKqï m%;sm;a;s yd igyka" ^uQ,H m%ldYkhka& YS% ,xld .sKqïlrK m%ñ;Skag wkql+,j ms 2'1'3 ikaikaOkd;aul f;dr;=re iud.fï .sKqï m%;sm;a;sh miq.sh jir wkqidrfhka fujr o ms iud.u miq.sh j¾Ifha Wmfhda.s lr.;a .sKqï m%ñ;Ska taldldÍj ^fuu j¾Ifha o& wkq.ukh lr we;s w;r" j¾;udk bÈßm;a lsÍï i|yd wjYH ;ekays § miq.sh j¾Ifha ixLHd yd fþohka kej; fm< .iajd we;' 2'2 úfYaIs; .sKqï m%;sm;a;s j, idrdxYh 2'2'1 úfoaY úksuh mßj¾;k uQ,H m%ldYk bÈßm;alr we;af;a YS% ,xld remsh,a j,sks' tkï iud.fï yqjudre jk iy jd¾;d lrk uqo,skah' úfoaY úksuh .kqfokq" tu .kqfokq isÿ jQ wjia:dfõ ;snQ úksuh yqjudre wkqmd;hg .,md bÈßm;a lr ;sfí' úfoaY uqo,a j,ska olajd ;snQ uQ,H j;alï yd j.lSï fYaI m;% Èkhg ;snQ úksuh yqjudre wkqmd;hg wkqj kej; mßj¾;kh lr ;sfí' ish¨u fjkiaùï ,dNhg fyda w,dNhg .,md we;' uQ,Huh fkdjk whs;uhka .Kkh lr we;af;a ft;sydisl msßjeh moku u; tu .kqfokqj ;snQ wjia:dfõ ;snQ úfoaY úksuh wkqmd; mokï lrf.kh' uq,H fkdjk j;alï" tu 66 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u j;alï j, idOdrK w.h y÷kdf.k wjia:dj jk úg ;snq úfoaY úksuh wkqmd;hka mokï lrf.k tu j;alï j, idOdrK w.h .Kkh lr ;sfí' 2'2'2 nÿlrKh m%j¾;k nÿ m%j¾;k yd fmr j¾I j,g wod< m%j¾;k wdodhï nÿ" j;alï yd j.lSï w.h lr we;af;a foaYSh wdodhï flduidßiajrhdg f.úh hq;= fyda ,eìh hq;= wfmaCIs; jákdlï mokï lrf.kh' fYaI m;% Èkg ie wdodhï nÿ m%;smdok .Kkh lr we;af;a uQ,H jd¾;d j, fmkajd we;s wdodhï yd úhoï whs;uhka ie ú,ïNS; wdodhï nÿlrKh ú,ïNS; wdodhï nÿ m%;smdok i,id we;af;a j.lSï l%uhg wkqj fYaI m;% Èkg we;s nÿ moku u; jQ j;alï yd j.lSï j, jákdlï w;r we;s ld, fjkialï yd uQ,H jd¾;dlrKh i|yd OdrK w.h mokï lrf.kh' my; i|yka wjia:djka yer ish¨u nÿ wh l< yels ;djld,sl fjkialï j,g wod< ú,ïNS; nÿ j.lSï y÷kdf.k we;' jHdmdr ixfhdackhla isÿ fkdjk wjia:djl § yÿkd.kakd ,o uQ,sl j;alï yd j.lSï u; iy .kqfokq isÿjk wjia:dfõ § .sKqïlrK fyda nÿ ,dNhg n,mEula we;s fkdlrk wjia:djkays § yer noaog hg;a ;djld,sl fjkialï u; we;sjk ú,ïNS; nÿ j.lSu yÿkd.; hq;=h' jHdmdr ixfhdackhla fkdjk wjia:djl § we;sjk .kqfokqjl uQ,slj yÿkd.kakd j;alula fyda j.lSula ;= ú,ïNS; wdodhï nÿ j;alï yd j.lSï .Kkh lr we;af;a j¾Ih ;=< § Wm,íê jQ j;alï yd ksoyia lrk ,o j.lSï i|yd wod< lr .ekSug n,dfmdfrd;a;= jk fYaI m;% Èkg mkjk ,o fyda mekùug bÈßm;a lr we;s nÿ wkqmd;hka ^iy nÿ kS;sh& Ndú;d lrñkah' ialkaOhg Rcqj n,mdk whs;uhka i|yd ú,ïNS; wdodhï nÿ .,md we;af;a wdodhï m%ldYkhg fkdj ialkaOhgh' úl=Kqï nÿ wdodhï" úhoï iy j;alï .sKqï.; lr we;af;a" nÿ wêldßh u.ska úl=Kqï i|yd wod< nÿ whlr .; fkdyels wjia:djkays § yer Y=oaO w.hghs' tfia whlr .; fkdyels wjia:djkays È úl=Kqï nÿ j;alï ys msßjefha fldgila f,i fyda úhofï fldgila f,i yÿkdf.k th ,eìh hq;= fyda f.úh hq;= whs;uhka hgf;a .sKqï .; lr we;' nÿ wêldßfhka ,eìh hq;= fyda f.úh hq;= úl=Kqï nÿ jákdlï fYaI m;%fha ,eìh hq;= fyda f.úh hq;= whs;uhka f,i fmkajd we;' 2'2'3 Kh msßjeh Kh i|yd ork ,o msßjeh tu ld,h ;=<§u úhoula f,i .sKqï .; lr we;' jd¾Isl jd¾;dj 2009 67 uq,H m%ldYk j,g igyka bÈßhg ' ' ' 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd 2'2'4 f;d. Ndú;d l< fkdyels iy l%ñl ixp,kh jk f;d. i|yd .e,mSï lsÍfuka miqj ish¨u f;d." msßjeh yd Y=oaO Wm,íê w.h hk foflka wvq w.hg .sKqï.; lr ;sfí' 2003'12'31 Èkg fmr ñ, § .;a .sks ksùï WmlrK j, wu;r fldgia iy mßfNdack øjH ;lafiare l< jákdlulg olajd we;s w;r" bka miqj Nß; idudkH l%uhg w.h lr ;sfí' bkaOk m%:u ,eîï m%:u ksl=;a lsÍfï l%uhg w.h lr we;s w;r" wksl=;a f;d. j¾;udk ia:dkhg iy ;;ajhg f.k taug ±rE ish¨ msßjeh yß; idudkH l%uh Ndú;d lrñka .sKqï.; lr ;sfí' jir 10 lg jvd ixp,kh fkdjQ f;d. i|yd iud.u m%;smdok i,id ;sfí' 2'2'5 fj<| yd fjk;a ,eìh hq;= oE fj<| ,eìh hq;= oE weia;fïka;= Wm,íê w.hg fmkajd we;af;a whlr.; fkdyels yd wvudK ,eìh hq;= oE i|yd m%;smdok ie,iSfuka miqjh' fjk;a ,eìh hq;= oE iy iïnkaê; md¾Yajhkaf.ka ,eìh hq;= oE whlr .; fkdyels yd wvudK ,eìh hq;= oE fjkqfjka .e,mSï lsÍfuka miq msßjehg .sKqï.; lr we;' 2'2'6 uqo,a iy uqo,a iudk oE w;e;s uqo,a" b,a¨ï ;ekam;= iy flá ld,sk by< øjYS,;djhla we;s flá ld,hla ;=< w.h fjkiaùfï wju wjOdkulg yqjdure jk uqo,a jákdlï j,g myiqfjka mßj¾;kh l< yels wdfhdack" uqo,a yd uqo,a iudk oE f,i i,ld we;' uqo,a m%jdy m%ldYkfha uqo,a yd uqo,a iudk oE j, wvx.= jkafka nexl= whsrdj wvql< nexl= fYaI" nexl= ;ekam;= iy w;e;s uqo,ah' flá ld,Sk wdfhdack" tkï w;am;a lr.;a Èk isg udi ;=kla fyda Bg wvq wdfhdack o uqo,a yd uqo,a iudk oE f,i i 2'2'7 foam<" msßh; yd WmlrK msßh; iy WmlrK msßjehg olajd we;af;a tÈfkod fiajd úhoï yer" iy iuqÉÑ; laIh jákdlu wvq lsÍfuka wk;=rejh' fuu msßjeh whs;uhka ;=< msßh; yd WmlrK m%;sia:dmkh lsÍu i|yd jeh lrk ,o úhoï we;=<;a lr we;af;a úhoï m%d.aOks; lsÍug wod m%Odk mÍCIdjka isÿlrk iEu wjia:djl §u ork ,o msßjeh .sKqï.; lsÍfï ls%hd mdámdàkag wkql+,j kï bÈßhg f.k wd msßh; iy WmlrK w.hg m%;sia:dmkh lsÍula f,i i,ld .sKqï.; lrkq ,efí' foam<" msßh; iy WmlrK úlsKsula u.ska bj;a l< wjia:dfõ § fyda tajd Ndú;fhka fyda úlsKSfuka wkd.; wd¾Ól m%;s,dNhla fkdue;s wjia:djkays § tajd fmd;a m;a j,ska bj;a lrkq ,efí' fufia fmd;a j,ska bj;a lsßfï § we;sjk ,dNh fyda w,dNh ^j;alfï bÈßhg f.k wd w.h iy Y=oaO úl=Kqï jákdlu w;r fjki& j;alï bj;a l< j¾Ifha wdodhï m%ldYkhg .,mkq ,efí' iEu uq,H j¾Ihla wjidkfha §u" j;alï j, iqkanqka w.h" m%fhdackj;a ðú; ld,h iy laIh lsÍfï l%uh iudf,dapkh lrk w;r fhda.H jk wjia:djl § Bg .e,mqï iEu uq,H j¾Ihka wjidkfha § isÿ lrhs' 2'2'8 m%;smdok iud.u úiska m%;smdok .sKqï .; lr we;af;a m%j¾;k ne¢hdjla we;s ^kS;suh fyda iïuq;sl& miq.sh isoaëka iïnkaOfhka iïm;a msg;g .,dhdula iy wd¾Ól jdis wyqrd,Sula we;s" iaÒr f,iu ne¢ï ksoyia lsÍula l< hq;= yd úYajdi l< yels wdldrfhka ne£ï j, jákdlu weia;fïka;= l< yels wjia:djka i|ydh' uqo,g we;s ld,fha fjkiaùu u; we;s n,mEu m%udKd;aul kï" wfmaCIs; wkd.; nÿ fmr uqo,a m%jdyhka jÜgula lr ta i|yd m%;smdok i 68 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u wjYH ;ekays § j.lSï iïnkaOfhka ksh; wjOdkula we;akï iy jÜgï lsÍu isÿ lr we;s njh' ld,fha fjkiaùu ksid we;sjk n,mEu fmd,S úhoula f,i .sKqï.; lsßu fya;=fjka m%;smdok jákdlu jeä ù we;' 2'2'9 úY%du m%;s,dN ne§ï w& ksYaÑ; m%;s,dN ie,eiau - mdßf;daIslh mdßf;daIslh ksYaÑ; m%;s,dN ie,eiauls' mdßf;daIl wd{d mk; wkqj mdßf;daIsl f.ùug iud.u ne§ we;' tu j.lSu bgq lsÍu i|yd fiajfha m fuu mdßf;daIsl j.lSu fjku wruqo,a .; lr fyda kshu f,i w.h lsÍula lr ke;' fuh cx.u fkdjk j.lSï hgf;a fYaI m;%fha j¾.SlrKh lr we;' wd& ksYaÑ; odhl;aj ie,eiau - fiajl w¾: idOl wruqo, iy fiajd kshqla;slhkaf.a Ndrldr wruqo, fiajd kshqla;slhka wod< wd{ mk;a yd kshuhkays fmkakqï lrk mßÈ fiajl w¾: idOl wruqo,g iy fiajd kshqla;slhkaf.a Ndrldr wruqo,g odhl ùug ysñlï we;' iud.fï fiajlhskf.a o< jegqfmka 12] la fiajl w¾: idOl wruqo,g yd 3] la fiajd kshqla;slhkaf.a Ndrldr wruqo,g iud.u úiska ner lrkq ,efí' 2'2'10 m%odkhka yd iykdOdrhka uqo,a fkdjk m%odkhka we;=¿j j;alï j,g wod< jQ m%odkhka iy iykdOdrhka idOdrK w.hlg fYaI m;%fha ú,ïNS; lr wod< j;alï Ndú;d lrk ld,h ;=< § wdodhï m%ldYkhg ner lrkq ,efí' 2'2'11 uQ,H fkdjk j;alï j, w.h wvqùu iud.u úiska uq,H fkdjk j;alï j, w.h wvqùula isÿ ù ;sfí ±hs hkak .sKqï m%ldYk ms j;alï fjkqfjka" iEu jd¾;d lrk Èkhla fjkqfjkau l,ska y÷kd.;a j;alï j, w.h wvqùfï w,dNhla ;jÿrg;a n, fkdmj;ajkafka kï fyda ;jÿrg;a w.h wvqùu ms jd¾Isl jd¾;dj 2009 69 uq,H m%ldYk j,g igyka bÈßhg ' ' ' 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd 2'3 wdodhï .sKqï.; lsÍu wdodhï yd ta yd wdYs%;j ord we;s fyda ±Íug we;s msßjeh úYajdifhka hq;=j ;lafiare lr we;s nj yd wd¾Ól m%;s,dN iud.ug .,d tk nj úYajdi l< yels ÿrg wdodhï .sKqï .; lr we;' fj<| jÜgï yd fj<| nÿ wvql< miq ,eî we;s fyda ,eîug we;s m%;sIaGdfõ idOdrK w.hlg wdodhï ;lafiare lr we;' wdodhï yÿkd .ekSfï § my; i|yka úfYaIs; ñkqï o~q Ndú;d lr we;' w& fiajd bgq lsÍï fiajdjka bgq lsÍu fjkqfjka ,enqKq wdodhu tu fiajh bgql< fyda isÿl< .sKqï ld,h ;=< § .sKqï .; lr we;' wd& fmd,S fmd,s wdodhu tl;= lsÍu wkqudk wjia:d j, yer wka ish,a,u WmÑ; moku u; .sKqï .; lr we;' we& l=,S wdodhu l=,S wdodhu WmÑ; moku u; .sKqï .; lr we;' wE& jr,;a ksfhdað; .dia;= iy wkq.%dyl .dia;= jr,;a ksfhdað; .dia;= iy wkq.%dyl .dia;= wod, .súiqï j, fyda wjfndaO;d .súiqï j, wvx.= lreKq wkqj Wmp; mokug .sKqï .; lr we;' b& fjk;a oE fjk;a wdodhï WmÑ; mokug .sKqï .; lr we;' 2'4 ksl=;a l, tfy;a ;ju;a ls%hd;aul lr fkdue;s Ys% ,xld .sKqïlrk m%ñ;Skays n,mEu' my; ±lafjk m%ñ;Ska Ys% ,xld jr,;a .KldêldÍ wdh;kh úiska ksl=;a lr we;s w;r tajd my; i|yka lr we;s Èkhkaj, isg .sKqï ld,mßÉfþoh i|yd n,mdkq ,nhs' w& Ys% ,xld .sKqïlrK 44 fuj,ï bÈßm;a lsÍu ^Ys%','.s'm%' 44& iy Ys% ,xld .sKqïlrK m%ñ; 45 fuj,ï" y÷kd .ekSu iy m%udKd;aul nj ^Ys%','.s'm%' 45& Ys%','.s'm%' 44 iy 45 2011 ckjdß 1 Èk yd bkamiq wdrïNjk uq,H j¾Ihka i|yd n,mdkq ,efí' ta wkqj 2011 foieïn¾ 31 Èfkka wjika jir i|yd uq,H m%ldYk j, m%:u jrg Ys%','.s'm%' 44 iy 45 wod, lr.kq ,efí' uq,H j;alï uq,H j.lSï m%d.aOk Wmdx. j,g uq,H fuj,ï y÷kd .ekSu" j¾.SlrKh" m%udKd;aul nj ks¾kh lsÍu iy bÈßm;a lsÍu iïnkaOfhka ^ìysjQ wdldrho we;=¿j& fuu m%ñ; foflkau mQ¾K u.fmkaùula imhkq ,efí' fuu m%ñ;hkaj, n,mEfuys ixlS¾K nj fya;=fldg f.k fuu uq,H m%ldYk m%isoaO lrk Èkhg fuu m%ñ;hka fhdod .ekSfï n,mEu weia;fïka;= l, fkdyel' wd& Ys% ,xld .sKqïlrK m%ñ; 39 - fldgia mokï lr.;a f.ùï ^Ys%','.s'm% 39& Ys%','.s'm% 39 - fldgia mokï lr.;a f.ùï" 2010 ckjdß 01 jk Èfkka fyda bka miqj wdrïNjk ld,mßÉfþoh i|yd ls%hd;aul jk fuu m%ñ;h m%:u jrg fhdod .kq ,nkafka 2010 foieïn¾ 31 Èfkka wjika jk j¾Ih i|ydh' fldgia yqjudrej i|yd fyda fldgia whs;sh u; ^m%d.aOkh - fíreï lsßfï .kqfokq& fyda fldgia ixLHdfõ fyda whs;sh wjika lrk fldgia j, ^uqo,ska fíreï lsÍfï .kqfokq& w.hg iudk w.hla wfkl=;a j;alï yqjudre lsÍu fjkqfjka fyda iud.u NdKav fyda fiajd ñ,g .ekSfï§ we;sjk úhou y÷kd.ekSu fuu m%ñ;fhka wjYH flf¾ m%d.aOkh ksoyia lsÍu fjkqfjka fldgia mokï lr.;a f.ùï i|yd m%odkh l, fldgia fyda fldgia i|yd úl,am f;dard .ekSï" fyda fjk;a m%d.aOk Wmdx. i|yd 2010 ckjdß 01 jk Èkg miq l, m%odkhka i|yd iud.u úiska Ys%','.s'm% 39 wod, lr.; hq;=fõ' 70 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u 2009'01'01 tl;= lsÍï$ bj;a lsÍï$ 2009'12'31 Èkg udre lr .eksï udre lsÍï Èkg fYaIh fYaIh ^re'& ^re'& ^re'& ^re'& 3' foam<" msßh; yd WmlrK 3'1 bÈßhg f.kd o< w.hka msßjehg f.dvke.s,s 15,691,166 22,649,515 - 38,340,681 msßh; yd hkaf;%damlrK 153,684,626 4,062,944 (2,766,818) 154,980,752 fudag¾ r: 241,321,879 414,929 - 241,736,808 .DyNdKav yd iú lsÍï 78,143,732 3,841,754 (5,735) 81,979,751 ld¾hd, WmlrK 117,357,895 13,613,931 - 130,971,826 ikaksfõok WmlrK 137,702,319 15,354,243 - 153,056,562 .sks ksùï yd wdrlaIl WmlrK 33,673,861 5,309,779 - 38,983,640 mqyqKq lsÍfï WmlrK 6,852,057 - - 6,852,057 fjk;a WmlrK 124,681,486 5,977,321 - 130,658,807 jegj,a yd f.aÜgq 2,272,842 3,750,980 - 6,023,822 .=jka .e,a .ïudkfha WmlrK ia:dmk msßjeh 14,894,420 - - 14,894,420 ud¾. yd ud¾. moaO;s 38,337,830 - - 38,337,830 wdlD;ska 2,817,156 1,528,995 - 4,346,151 c, iemhqu yd c,mjdyk moaO;s - 1,575,800 - 1,575,800 laIh jk j;alï j, uq¿ jákdlu 967,431,269 78,080,191 (2,772,553) 1,042,738,907 2009'01'01 j¾Ih ;=, 2009'12'31 Èkg ork Èkg fYaIh ,o udrelsÍï fYaIh ^re'& ^re'& ^re'& ^re'& 3'2 bÈ flfrñka mj;sk j;alï fkdksñ m%d.aOk jev 58,723,924 588,179,126 (35,010,735) 611,892,315 bÈßhg f.kd uq¿ o< jákdlu 1,026,155,193 666,259,317 (37,783,288) 1,654,631,222 jd¾Isl jd¾;dj 2009 71 uq,H m%ldYk j,g igyka bÈßhg ' ' ' 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd 2009'01'01 j¾Ifha 2009'12'31 Èkg ork bj;alsÍï Èkg fYaIh ,o udrelsÍï fYaIh ^re'& ^re'& ^re'& ^re'& 3'3 laIh lsÍï msßjehg f.dvke.s,s 413,070 1,917,034 - 2,330,104 msßh; yd hkaf;%damlrK 74,062,312 24,354,817 (2,766,754) 95,650,375 fudag¾ r: 228,891,855 4,189,080 - 233,080,935 .DyNdKav yd iú lsÍï 49,630,420 5,402,830 (5,658) 55,027,592 ld¾hd, WmlrK 97,398,790 8,446,593 - 105,845,383 ikaksfõok WmlrK 57,383,154 13,413,472 - 70,796,626 .sks ksùï yd wdrlaIl WmlrK 25,530,836 2,134,505 - 27,665,341 mqyqKq lsÍfï WmlrK 6,801,932 - - 6,801,932 fjk;a WmlrK 95,616,341 5,909,942 - 101,526,283 jegj,a yd f.aÜgq 399,454 752,977 - 1,152,431 .=jka .e,a .ïudkfha WmlrK ia:dmk msßjeh 11,356,867 884,388 - 12,241,255 ud¾. yd ud¾. moaO;s 1,163,857 1,916,892 - 3,080,749 wdlD;ska 167,323 543,269 - 710,592 c, iemhqu yd c,mjdyk moaO;s - 196,975 - 196,975 uq¿ laIh lsÍu 648,816,211 70,062,774 (2,772,412) 716,106,573 2009 2008 ^re'& ^re'& 3'4 Y=oaO fmd;a jákdlu msßjehg f.dvke.s,s 36,010,577 15,278,096 msßh; yd hkaf;%damlrK 59,330,377 79,622,314 fudag¾ r: 8,655,873 12,430,024 .DyNdKav yd iú lsÍï 26,952,159 28,513,312 ld¾hd, WmlrK 25,126,443 19,959,105 ikaksfõok WmlrK 82,259,936 80,319,165 .sks ksùï yd wdrlaIl WmlrK 11,318,299 8,143,025 mqyqKq lsÍfï WmlrK 50,125 50,125 fjk;a WmlrK 29,132,524 29,065,145 jegj,a yd f.aÜgq 4,871,391 1,873,388 .=jka .e,a .ïudkfha WmlrK ia:dmk msßjeh 2,653,165 3,537,553 ud¾. yd ud¾. moaO;s 35,257,081 37,173,973 wdlD;ska 3,635,559 2,649,833 c, iemhqu yd c,mjdyk moaO;s 1,378,825 - 326,632,334 318,615,058 bÈ flfrñka mj;sk j;alï fkdksñ m%d.aOk jev 611,892,315 58,723,924 611,892,315 58,723,924 foam< msßh; yd WmlrK uq¨ jákdlu 938,524,649 377,338,982 72 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u 2009 2008 3'5 j;alï j, wfmaCIs; M,odhs Ôú; ld,h my; i|yka mßÈ weia;fïka;= .; lr we;' f.dvke.s,s j¾I 20 la mqrd j¾I 20 la mqrd msßh; yd hkaf;%damlrK j¾I 04 la mqrd j¾I 04 la mqrd fudag¾ r: j¾I 04 la mqrd j¾I 04 la mqrd .DyNdKav yd iú lsÍï j¾I 08 la mqrd j¾I 08 la mqrd ld¾hd, WmlrK j¾I 04 la mqrd j¾I 04 la mqrd ikaksfõok WmlrK j¾I 08 la mqrd j¾I 08 la mqrd .sks ksùï yd wdrlaIl WmlrK j¾I 08 la mqrd j¾I 08 la mqrd mqyqKq lsÍfï WmlrK j¾I 04 la mqrd j¾I 04 la mqrd fjk;a WmlrK j¾I 08 la mqrd j¾I 08 la mqrd jegj,a yd f.aÜgq j¾I 08 la mqrd j¾I 08 la mqrd .=jka .e,a .ïudkfha WmlrK ia:dmk msßjeh j¾I 20 la mqrd j¾I 20 la mqrd ud¾. yd ud¾. moaO;s j¾I 20 la mqrd j¾I 20 la mqrd wdlD;ska j¾I 08 la mqrd j¾I 08 la mqrd c, iemhqu yd c,mjdyk moaO;s j¾I 08 la mqrd 3'6 uQ,H j¾Ih ;=< § iud.u w;am;a lr .;a foam<" msßh; yd WmlrK j, iudydr w.h uqo,a j,ska re' 631"248"582 ls' ^2008 - re 295" 762" 685& 3'7 foam<" msßh; yd WmlrK ;=< we;=<;a iïmQ¾Kfhkau laIh l< j;alï j, bÈßhg f.kd o< jákdlu re' 572"013"646$- ^2008 re' 553"546"452$-& 2009 2008 ^re'& ^re'& 4' f;d. idudkH f;d. 41,566,767 40,210,120 bf,lafg%dksl f;d. 98,007,712 65,202,801 bxðfkare f;d. 98,800,839 88,489,658 bkaOk f;d. 3,219,376 4,605,542 .sks yd wdrCIl f;d. 19,555,455 15,597,013 ud¾.ia: f;d. 18,291,668 12,023,145 wvq l 5' fj<| yd fjk;a ,eìh hq;= oE fj<| Kh.e;sfhda - fjk;a 1,164,242,431 978,701,020 wvq l jd¾Isl jd¾;dj 2009 73 uq,H m%ldYk j,g igyka bÈßhg ' ' ' 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd 2009 2008 ^re'& ^re'& 5'1 iïnkaê; md¾Yajhkaf.ka ,eìh hq;= oE iïnkaOh r|jd.;a wdodhï jHdmD;s fmdÿ l 5.2 2009 foieïn¾ 31 Èkg ysÕ fYaIhka f,i mj;sk 2008 j¾Ih ;,§ ñyska ,xld mqoa.,sl iud.ug ,ndÿka remsh,a ñ,shk 500 l Kh uqo, fuu fYaIh ;=, we;=,;a fõ' ñyska ,xld mqoa.,sl iud.u úiska iS$i .=jka f;dgqm, yd .=jka fiajd ^Ys% ,xld& iud.ug f.úh hq;=j we;s Kh uqo, ksoyia lsÍug wjYH wruqo,a 2010 whjeh weia;fïka;=fjka fjka lsÍug 2009 iema;eïn¾ 30 jk Èk mej;s /iaùfïÈ leìkÜ wkque;sh ,nd § we;s nj jrdh yd .=jka fiajd wud;HxYfha f,alïjrhd úiska ;yjqre lr we;s w;r fuu .sÕ uqo, fíreï lsÍug wjYH ls%hdud¾. jrdh yd .=jkafiajd wud;HdxYh u.ska .kq ,nhs' ;jo 2009 j¾Ih i|yd WmÑ; lrk ,o re' ñ' 96'75 fmd,S uqo,o 2009 foieïn¾ 31 Èk jk úg;a ,eìh hq;=j we;' 2009 2008 ixLHdj ^re'& ixLHdj ^re'& 6. ialkaO m%d.aOkh iïmQ¾Kfhka f.jd ksñ idudkH fldgia 200,002 20,000,200 200,002 20,000,200 200,002 20,000,200 200,002 20,000,200 2009 2008 ^re'& ^re'& 7' ixÑ; .=jka f;dgqm, wêldßh fj;ska mjrd .kakd ,o Y=oaO j;alï 91,624,459 91,624,459 91,624,459 91,624,459 .=jka f;dgqm, wêldßh wj,x.= lr iud.u ixia:dms; lsÍfï § .=jka f;dgqm, wêldßfhka iud.ug udre lrk ,o Y=oaO j;alï fuu ixÑ;fhka ksfhdackh flf¾' 2009 2009 2009 2008 2008 2008 ixLHdj ixLHdj uq¿ tl;=j ixLHdj ixLHdj uq¿ tl;=j j¾Ihla ;=< j¾Ihlg miq j¾Ihla ;=< j¾Ihlg miq kej; f.úh kej; kej; kej; f.úh hq;= f.úh hq;= f.úh hq;= f.úh hq;= ^re'& ^re'& ^re'& ^re'& ^re'& ^re'& 8. fmd,s j,g hg;a j.lSï nexl= whsrdj ^17'2& 2,969,659 - 2,969,659 - - - 2,969,659 - 2,969,659 - - - 74 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u 2009 2008 ^re'& ^re'& 9. úY%du m%;s,dN j.lSu úY%du m%;s,dN ne§u - mdßf;daIsl j¾Ifha wdrïNl fYaIh 1,880,482,400 1,181,184,567 Ys%','.s'm% 16 ^ixfYdaê;& ls%hd;aul ùfuka jQ m%;sM,h - 191,793,123 mdßf;daIsl whlsÍu 140,101,872 135,618,732 fm,S msßjeh 214,374,994 129,930,302 jir ;=< f.ùï (90,505,785) (89,647,343) Wml,amkh fjkiaùu ksid bmhQ ^,dNh&$w,dN (197,078,585) 331,603,019 j¾Ifha wjidk fYaIh 1,947,374,895 1,880,482,400 iud.fï fiajl m%;s,dN j.lsu" fiajl m%;s,dN i|yd jQ YS%','.s'm% wxl 16 fha Wm.%ka:h ^B& ys mdßf;daIsl .Kkh lsÍfï iQ;%fha uQ,O¾u uq,a lrf.k ilid we;' fiajl m%;s,dN msßjeh ksYaph lsÍfï § fhdod.;a m%Odk Wml,amkhla jkafka 2009 2008 jÜgï wkqmd;h 11.4% 11.0% wkd.; jegqma by< hdï 12.0% 11.79% fiajl msßjegqu 3.0% 4.0% úY%dñl jhia iSudj 57 years 57 years 2009 2008 ^re'& ^re'& 10. rcfha ú,ïNS; m%odkhka NdKavd.dr m%odkhka j¾Ifha wdrïNl fYaIh ^10'1& 2,468,828 2,701,396 j¾Ih ;=< m%odkhka ,eîï ^10'2& 26,500,000 - wvql 10.1 fuu m%odkh .=jka nvq .ïudkh jHdma; lsÍu i|yd 1992 § iud.ug ,enqKs' fuu m%odk" .=jka nvq .ïudkfha WmlrK Ndú;d l< yels ld,h ;=<" tkï weia;fïka;=.; wjqreÿ 20 l ld,hlg ú,ïNS; lr we;' 10.2 fuu m%odkh 2 jk cd;Hka;r .=jka f;dgqm," u;a;, bÈ lsÍu i|yd 2009 § iud.ug ,enqKs' jHdmD;sh ;ju;a bÈ lsÍï wÈhf¾ mj;sk w;r" uQ,H m%ldYk j, l%ulaIh .sKqï.; lr fkdue;' 2009 2008 ^re'& ^re'& 11' f.úh hq;= fj<| iy fjk;a oE f.úh hq;= fj<| iy fjk;a oE 44,760,917 3,192,578 fjk;a oE - iïnkaê; md¾Yajhka ^11'1& 133,692,695 42,767,394 wdmiq f.úh hq;= ;ekam;= 143,913,519 136,867,459 WmÑ; úhoï we;=¿ úúO Kh ysñfhda 503,185,206 491,574,560 825,552,337 674,401,991 jd¾Isl jd¾;dj 2009 75 uq,H m%ldYk j,g igyka bÈßhg ' ' ' 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd 2009 2008 ^re'& ^re'& 11.1 iïnkaê; md¾Yajhkag f.úh hq;= fjk;a oE iïnkaOh r|jd.;a wdodhï jHdmD;s fmdÿ l 12. wdodhï ..k kdúl wdodhï 1,618,683,972 1,698,491,363 ..k kdúl fkdjk wdodhï 3,233,995,582 3,472,287,567 4,852,679,554 5,170,778,930 fjk;a wdodhï 7,902,590 6,063,818 4,860,582,144 5,176,842,748 12.1 ..k kdúl iy ..k kdúl fkdjk wdodhï rcfha wdodhï f.dvnEfï .dia;= 1,071,305,973 1,113,389,956 f.dvnEfï .dia;= - wNHka;r 6,819,468 7,752,157 mshdir .dia;= 368,708,778 309,582,477 we;=¨ùfï wjirm;a 134,472,689 105,986,860 kj;d ;eîfï .dia;= - jdyk 46,344,170 51,187,136 tl;=j 1,627,651,078 1,587,898,586 iud.ï wdodhï keõ ke.Sfï nÿ 1,532,582,025 1,477,410,025 wvql l=,S wdodhï 1,323,014,505 1,169,802,726 wkq.%dyl .dia;= 1,057,146,511 1,155,656,581 .=jka u.S md,ï .dia;= 171,849,746 267,766,773 msßjegqu u; f.ùï - YS% ,xlka flagßka fiajdj 10] 15,141,889 16,493,548 f.dvìu yeisrùfï ksfhdað; .dia;= - YS% ,xlka .=jka fiajh 145,051,536 103,063,419 f.dvìu yeisrùfï .dia;= - wNHka;r r;au,dk iy lgqkdhl 40,898,069 57,523,070 ksfhdað; .dia;= - YS% ,xlka flagßka fiajdj 4] 96,028,349 110,521,933 fjk;a ..k kdúl wdodhï 148,709,043 108,509,013 tl;=j 3,225,028,476 3,582,880,344 uq¿ ..k kdúl yd ..k kdúl fkdjk wdodhu 4,852,679,554 5,170,778,930 12.2 ..k kdúl wdodhu f.dvnEfï .dia;=" f.dvnEfï .dia;= - foaYSh" mshdir .dia;= iy .=jka u.S md,ï .dia;= j,ska iukaú; fõ' 76 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u 2009 2008 ^re'& ^re'& 13. fjk;a wdodhï NdKavd.dr ì,am;a $ kej; ñ, § .ekSug hg;a neÿïlr u;fmd,S 221,290,679 426,953,549 wefußldkq fvd,¾ ia:djr ;ekam;= j,ska ,o fmd,S 155,282,274 113,334,627 remsh,a ia:djr ;ekam;= j,ska ,o fmd,S 113,110,469 107,006,803 fiajl Kh u; fmd,S 3,024,647 2,690,604 rcfha m%odkhka i|yd l%ulaIh 500,000 232,568 bkaOk msrjqï yf,ka fufyhqï ,dNh ^igyka 13'1& (1,299,462) 4,617,968 úksuh ,dN 96,750,000 - fjk;a fmd,S wdodhï 41,576,534 129,552,329 630,235,141 784,388,448 13.1 f;,a msrjqï y,ska ,o fufyhqï ,dNh úl=Kqï 650,554,182 834,894,284 wvql 14. nÿ j,g fmr ,dNh $ ^w,dNh& yr lsÍu $ ^ner lsÍu& j,ska miq fmkajk wvudK Kh i|yd fjka lsÍfï §ukd $kej; wh lr .ekSï 115,470,588 72,106,012 CIh lsÍï 70,062,774 56,274,551 mqoa., msßjefhys my; foa we;=<;ah - wOHCIljrekaf.a mdßf;daIsl 8,663,995 7,288,160 - ksYaÑ; m%;s,dN ie,iqï msßjeh - mdßf;daIsl 157,398,280 597,152,053 - ksYaÑ; ie,iqï odhl;aj msßjeh - fia'w'w'" fia'Nd'w' 233,577,961 220,862,632 kS;suh úhoï 1,604,137 2,303,236 foam<" msßh; yd WmlrK bj;a lsÍu u; ^,dNh& $ w,dNh (25,010) (1,126,643) mß;Hd. 390,308 7,547,718 ,shdy< flÍf.k hk jev - 22,302,682 jd¾Isl jd¾;dj 2009 77 uq,H m%ldYk j,g igyka bÈßhg ' ' ' 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd 2009 2008 ^re'& ^re'& 15. wdodhï nÿ úhoï foieïn¾ 31 Èfkka wjika jir i|yd jQ wdodhï nÿ úhofï my; i|yka m%Odk ± we;=<;a fõ wdodhï m%ldYkh j¾;udk wdodhï nÿ j¾;udk nÿ wh lsÍï ^15'1& 532,560,324 786,808,185 mQ¾j j¾I i|yd m%j¾;k nÿ m%;smdok wvqùu $^jeä ùu& (2,747,386) (13,312,006) 529,812,938 773,496,179 ú,ïNS; wdodhï nÿ ú,ïNS; nÿ .e,mSu ^igyk 15'2& (23,573,501) (260,970,509) ,dNdxY nÿ ne¢hdj 220,897 60,546,055 506,460,333 573,071,725 15.1 m%j¾;k nÿ úhou $ ^wdodhï& iy .sKqïlrK ,dNh w;r ieiÿu .sKqïlrK ,dNh ^nÿ j,g fmr ,dNh& 1,440,814,847 1,741,718,757 wvq lsÍug bv fkdfok uq¿ whs;u 363,472,061 727,798,315 wvq lsÍug bvfok uq¿ úhou (149,490,118) (141,332,927) wvq lsÍug bvfok wdodhï j, tl;=j - - noaog hg;a fkdjk wdodhï (155,682,579) (113,382,780) nÿ whl, yels ,dNh 1,499,114,211 2,214,801,365 jHjia:dms; nÿ wkqmd;h ] 35% 35% m%j¾;k wdodhï nÿ úhou 524,689,974 775,180,478 iudc j.lSï noao 7,870,350 11,627,707 532,560,324 786,808,185 fYaI m;%h wdodhï m%ldYkh 2009 2008 2009 2008 ^re'& ^re'& ^re'& ^re'& 15.2 ú,ïNS; nÿ iy wdodhï nÿ iïnkaO;djh my; mßÈ fõ' ú,ïNS; nÿ j.lSu nÿ i|yd m%d.aOk §ukd 7,479,478 9,675,247 (2,195,769) (749,945) 7,479,478 9,675,247 (2,195,769) (749,945) ú,ïNS; nÿ j;alu ksYaÑ; m%;s,dN ie,iqï 681,517,076 658,168,840 (23,348,236) (244,754,242) wvudK f;d. iy Kh.e;shka i|yd fjka lsrSu 26,520,486 28,490,990 1,970,504 (15,466,322) 708,037,562 686,659,830 (21,377,732) (260,220,564) ú,ïNS; wdodhï nÿ .e,mSu (23,573,501) (260,970,509) fYaI m;%fha my; mßÈ ±lafõ ú,ïNS; nÿ j;alï 708,037,562 686,659,830 ú,ïNS; nÿ j.lSï (7,479,478) (9,675,244) 700,558,084 676,984,586 78 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u 16. fldgil bmhSu 16.1 fldgil uQ,sl bmhSu .Kkh lr we;af;a j¾Ifha idudkH fldgia ysñhka fj; wdfrdamKh l< Y=oaO ,dNh j¾Ifha b;sß Nß; idudkH fldgia ixLHdfjka fn§fuks' m%ido ksl=;a lsßula jeks iïm;a j, wkqrEms fjkiaùula fkdue;sj b;sß fldgia ixLHdj fjkia l< ksid m%j¾;k j¾Ifha yd fmr j¾Ifha Nß; idukH fldgia ixLHdj . 2009 2008 ^re'& ^re'& 16.2 fldgil uQ,sl bmhSu .Kkh lsßu i|yd fhdod.;a wdodhu yd fldgia o;a; my;ska fmkakqï flf¾' ,jh jYfhka Ndú;d l< .Kk idudkH fldgia ysñhkag wdfrdamKh l< Y=oaO ,dNh 934,354,514 1,168,647,032 2009 2008 ixLHdj ixLHdj yrh jYfhka Ndú;d l< idudkH fldgia ixLHdj ksl=;a l< Nrs; idudkH fldgia ixLHdj 200,002 200,002 2009 2008 ^re'& ^re'& 17. uqo,a m%jdy m%ldYkfha uqo,a yd uqo,a iudk oE uqo,a yd uqo,a iudk oE j, ixhq;sh jdisodhl uqo,a yd uqo,a iudk ± fYaIh ia:djr ;ekam;= 3,166,123,134 3,053,539,763 m%;s ñ, § .ekSï .súiqï hgf;a NdKav.dr ì,am;a yd neÿïlr u; wdfhdackh 1,398,143,919 1,529,861,755 4,564,267,053 4,583,401,518 uqo,a yd nexl= fYaIhka 400,223,621 415,904,695 4,964,490,674 4,999,306,213 wjdisodhl uqo,a yd uqo,a iudk oE j, ixhq;sh nexl= whsrdj ^yr fYaIh& (2,969,659) - (2,969,659) - uqo,a m%jdy m%ldYkh i|yd uq¿ uqo,a yd uqo,a iudk oE 4,961,521,015 4,999,306,213 18. ne¢ï iy wiïNdjHhka 18.1 m%d.aOk úhoï neÈï 18.1w iud.fï idudkH jHdmdr ;;aajhka mj;ajdf.k hdfï § wjYH foam< msßh; yd WmlrK w;am;a lr .ekSu i|yd foieïn¾ 31 Èkg my; i|yka ñ, § .ekSï i|yd ne£ï j,g t m%;smdok fkdfldg kuq;a .súiqï j,g ne÷kq - 10.39 Mn wOHCIl uKav,h wkqu; l< kuq;a .súiqï j,g fkdneÿk 2,464.35 Mn 3,688.71 Mn 2,464.35 Mn 3,699.10 Mn 18.1 wd iud.u úiska Ök jrdh bxðfkare iud.u iu. u;a;, kj .=jka f;dgqm< bÈlsÍï jHdmD;sh i|yd fvd,¾ ñ,shk 209 l .súiqulg t jd¾Isl jd¾;dj 2009 79 uq,H m%ldYk j,g igyka bÈßhg ' ' ' 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd 18.2 wiïNdjHhka i) iud.ug tfrysj mjrd we;s my; i|yka kvq j, iud.u j.W;a;rlre fõ' ±kg ;sfnk f;dr;=re wkqj iaÒr jYfhkau iy;sll< fkdyels jqj;a fuu kvq j, wjidk ;Skaÿ j,ska fufyhqï m%;sM,hg" uqo,a ;;a;ajhg fyda øjYS,;djhg m%udKd;aul wys;lr n,mEula isÿ fkdjk nj wOHCIl uKav,fha ms w) .súiqï W,a,x>Kh lsÍu iïnkaOfhka iS$i tlai;a l=,s r: fiajd ix.ufha idudðlhska re' ñ,shk 62 la b,a,d iud.ug tfrysj kvq 133 la mjrd we;' iSudiys; .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u úiska kvq folla i|yd Èia;s%la wêlrKh ksfhda. mßÈ re' 40"000$- la jkaÈ kshu fldg we;s w;r ó.uq Widúfha tu ksfhda.hg úreoaOj iSudiys; .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u wNshdpkh fldg we;' wd) iS$i ì,aâud¾Ü fm!oa.,sl iud.u úiska .súiqï wjika lsÍu ksid remsh,a ñ,shk 13 l fíreï lsÍula b,a,d iud.ug úreoaOj kvq mjrd we;' fï i|yd re' 5"622"112$- l jkaÈhla f.ùug Widúh u.ska kvq ;Skaÿjla ,nd § ;sfí' kuq;a iud.u úiska tu kvq ;Skaÿjg úreoaOj wNshdpkhla fYa%IaGdêlrKh bÈßm;a lr ;sfí' we) wial< fiajlfhda fiajh wysñ lsÍu fjkqfjka ysÕ jegqma iu. kej; fiajfha msysgqjk f,i b,a,d iud.ug úreoaOj lïlre Widúfha kvq mjrd we;' wE) ñh.sh .=jka u.sfhla fjkqfjka mjqf,a idudðlhka úiska iud.ug iy ;j;a j.W;a;rldr md¾Yajhka ;=klg tfrysj remsh,a ñ,shk 50 l jkaÈhla b,a,d kvq mjrd we;' b) jdisß bÈlsÍï iud.u .súiqï wjika lsÍu ksid re' ñ,shk 14 l fíreï lsÍula b,a,d iud.ug úreoaOj kvq mjrd we;' B) YS% ,xld ksoyia fiajl ix.uh úiska §ukd ysñlï fkd,nk fiajlhka i|yd úfYaI §ukdjla fjkqfjka fíreï lsÍula b,a,d kvq mjrd we;' W) neÿïlr W,a,x>Kh lsÍfï kvqfõ wêlrK ;Skaÿjg tfrysj wNshdpkhla bÈßm;a fldg we;' fuu wNshdpkh wkqj ;Skaÿj .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.ug mCIj ;Skaÿ jQfha ke;skï remsh,a 2"758"000 l uqo, kej; ,nd .ekSug fkdyels fõ' W! ne÷ï lr W,a,x>Kh lsÍfï kvqfõ wêlrK ;Skaÿjg tfrysj wNshdpkhla bÈßm;a fldg we;' fuu wNshdpkh wkqj ;Skaÿj .=jka f;dgqm, iy .=jka fiajd ^YS% ,xld& iud.ug mlaIj ;Skaÿ jQfha ke;skï remsh,a 1"000"000 l uqo,a kej; ,nd .ekSug fkdyels fõ' 19. fYaI m;% Èkg miq isÿùu uQ,H m%ldYk j,ska wkdjrKh lsÍug fyda .e,msï lsÍug ;rï m%udKd;aul isÿùï fYaI m;% Èkg miqj fkd;snqKs' 80 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u 20. iïnkaê; md¾Yajhkaf.a .kqfokq rch fjkqfjka r|jd.;a wdodhï jHdmD;s wruqo, iy jeh YS¾I wruqo, i|yd iud.u tys Ndrlre jYfhka lghq;= lrkq ,efí' fï lghq;= iïnkaOfhka iud.u ork úhoï i;H moku u; m%;smQ¾Kh lrkq ,efí' iïnkaê; md¾Yajhkag f.úh hq;= yd ,eìh hq;= fYaIhka igyka wxl 5 iy 11 ms rch úiska md,kh lrk iud.u flfrys úfYaIs; ,o fyda úfYaIs; n,mEula n,mEula l< yels wdh;k we;sl, yels wdh;k iuÕ iuÕ isÿl< .kqfokq* isÿl< .kqfokq** 2009 2008 2009 2008 ^re'& ^re'& ^re'& ^re'& fYaI m;%h j;alïs u;a;, jHdmD;shg udre l< foam< msßh; yd WmlrK 10,537,719 - - - wdfhdack - - 4,564,267,052 4,583,401,520 fj<| iy wfkl=;a ,eìh hq;= oE - ,o ;ekam;= - - 13,232,209 10,618,917 bvï w;am;a lr .ekSfï uqo,a yqjudrej 43,000,000 - - - ,ndÿka Kh - - 500,000,000 500,000,000 ,eìh hq;=Kh fmd,S - - 96,930,000 - j.lSï fj<| yd wfkl=;a f.úh hq;= oE - ,o w;a;sldrï - - 28,726,759 28,507,982 - Kh wdmiq f.ùug uqo,a yqjudre lsÍï 83,000,000 - - - wdodhï m%ldYk ..k kdúl wdodhï - - 598,979,902 812,581,443 ..k kdúl fkdjk wdodhï - - 791,331,716 701,817,335 keõ ke.Sfï .dia;= - - 1,532,582,025 1,477,410,025 NdKavd.drhg l< f.ùï - - 1,305,393,197 883,886,744 NdKav yd fiajd iemhSï - 140,917 1,874,955,327 2,007,514,086 fmd,S wdodhï - - 586,643,422 647,294,979 nÿ - - 1,008,733,514 1,350,107,456 úhoï m%;smQ¾Kh iy kej; ,nd .ekSu 13,887,516 55,638,335 - - nÿ úhoï m%;smQ¾Kh lsÍu - 1,608,898 - - * iud.u flfrys úfYaIs; n,mEula l< yels wdh;khkag r|jd.;a wdodhï wruqo, iy jeh YS¾I wruqo, we;=<;a fõ' fuu wruqo,a j, ls%hdldÍ;ajh .='.='fia'i' úiska l jd¾Isl jd¾;dj 2009 81 ** iud.u ;u idudkH lghq;= lrf.k hdfï § NdKav yd fiajd iemhSfï yd ñ, § .ekSfï .kqfokq isÿlr we;' ,eîï hgf;a we;s keõ ke.Sfï nÿ iud.u flfrys úfYaIs; n,mEula l< yels wdh;k j,ska ,eî we;s w;r" my; i|yka wfkl=;a wdh;k .kqfokq isÿlr we;' ,xld nexl=j" YS% ,xld LKsc f;,a kS;s.; ixia:dj" YS% ,xld úÿ,sn, uKav,h" fiajl Ndrldr wruqo," fiajl w¾:idOl wruqo," cd;sl c, iïmdok yd c,dmjdyk uKav,h" m 2009 2008 ^re'& ^re'& 20.1 wOHCIljre m%Odk l * m%Odk l 82 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u r|jd.;a wdodhï wruqo,a .sKqï 84 ú.Kljrekaf.a jd¾;dj 85 wdodhï m%ldYkh 86 fYaI m;%h 87 uqo,a m%jdy m%ldYkh 88 uQ,H m%ldYk j,g igyka jd¾Isl jd¾;dj 2009 83 ú.Kljrekaf.a jd¾;dj r|jd.;a wdodhï wruqo, iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.fï idudðlhka fj;" ú.Kljrekaf.a jd¾;dj uQ,H m%ldYk iïnkaO jd¾;dj wm úiska r|jd .;a wdodhï wruqof,a 2009'12'31 Èkg fYaI m;%h iy tÈfkka wjika j¾Ih i|yd jQ wmf.a Wmßu ±kqu yd úYajdih wkqj wmf.a ú.Kkh Bg iïnkaê; wdodhï m%ldYkh" uqo,a m%jdy m%ldYkh" i|yd wjYH ish¨ f;dr;=re yd meyeÈ,s lsÍï wms ,nd .sKqïlrK m%;sm;a;s iy igka o iuÕ ú.Kkh lf ú.Kkfha úIh m:h iy u;fha moku wmf.a j.lSu jkafka ú.Kkh mokï lrf.k uQ,H m%ldYk ms 84 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u wdodhï m%ldYkh 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd 2009 2008 ^re'& ^re'& NdKavd.dr ì,am;a $ kej; ñ, § .ekSug hg;a neÿïlr u; fmd,S wdodhu 121,156,967 141,648,380 mßmd,k úhoï (159,331) (10,684,535) j¾Ifha w;sßla;h 120,997,636 130,963,845 msgq wxl 88 isg 94 olajd we;s .sKqï m%;sm;a;s iy igyka fuu uq,H m%ldYkj,u wLKav fldgila fõ' jd¾Isl jd¾;dj 2009 85 fYaI m;%h 2009 foieïn¾ 31 Èkg igyk 2009 2008 ^re'& ^re'& j;alï cx.u fkdjk j;alï iïmQ¾K l< jHdmD;s 2 2,841,275,854 2,680,722,866 flfrñka mj;sk jHdmD;s 2 8,271,667 171,862,727 2,849,547,521 2,852,585,593 cx.u j;alï ,eìh hq;= oE 3 69,612,425 58,717,915 NdKavd.dr ì,am;a 1,027,824,446 907,532,314 uqo,a yd nexl= fYaIhka 1,776,989 10,454,939 1,099,213,860 976,705,168 uq¿ j;alï 3,948,761,381 3,829,290,761 iuqÉÑ; wruqo, yd j.lSï iuqÉÑ; wruqo, 4 3,873,380,908 3,752,383,272 wfkl=;a m%Njhkaf.a iyNd.h 5 62,323,991 62,323,991 uq¿ tl;=j 3,935,704,899 3,814,707,263 cx.u j.lSï fj<| yd wfkl=;a f.úh hq;= oE 6 13,056,482 14,583,498 13,056,482 14,583,498 uq¿ iuqÉÑ; wruqo, yd j.lSï 3,948,761,381 3,829,290,761 fuu uQ,H m%ldYkhka ms wOHCIl wOHCIl r|jd .;a wdodhï wruqo, fjkqjg msgq wxl 88 isg 94 olajd we;s .sKqï m%;sm;a;s iy igyka fuu uQ,H m%ldYk j,u wLKav fldgila fõ' 2010 uehs 06 fld 86 iS$i .=jka f;dgqm, yd .=jka fiajd ^YS% ,xld& iud.u uqo,a m%jdy m%ldYkh 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd igyk 2009 2008 ^re'& ^re'& fufyhqï ls%hdldrlï j,ska ,;a $ ^fhojQ& uqo,a m%jdy j¾Ifha w;sßla;h 120,997,636 130,963,845 .e,mSï m%d.aOk úhoï ,syd yeÍu - 12,651,996 foam<" msßh; yd WmlrK bj;a lsÍfuka ^,dNh& $ w,dNh - 26,830 NdKavd.dr ì,am;a $ kej; ñ, § .ekSug hg;a neÿïlr u; fmd,S (121,156,967) (141,648,380) ldrl m%d.aOkh fjkiaùug fmr fufyhqï ,dNh $ ^w,dNh& (159,331) 1,994,291 ,eìh hq;= oE ^jeäùu& $ wvqùu 507,543 2,628,682 fj<| iy fjk;a f.úh hq;= oE j, jeäùu $ ^wvqùu& (1,527,016) 636,029 fufyhqï ls%hdldrlï j,ska ,;a $ ^fhojQ& Y=oaO uqo,a m%jdy (1,178,804) 5,259,002 wdfhdack ls%hdldrlï j,ska ,;a $ ^fhojQ& uqo,a m%jdy ,o fmd,S 120,292,633 137,836,473 NdKavd.dr ì,am;a j, wdfhdackh (412,987,108) - jHdmD;s j, fhojqï 2 (7,499,647) (12,732,693) foam< msßh; yd WmlrK úlsKSfuka ,;a uqo,a - 3,200 wdfhdack ls%hdldrlï j,ska ,;a $^fhojQ& Y=oaO uqo,a m%jdy (300,194,122) 125,106,980 uqo,a yd uqo,a iudk oE j, Y=oaO jeäùu $ ^wvqùu& (301,372,926) 130,365,982 j¾Ih wdrïNfha uqo,a yd uqo,a iudk oE 7 917,987,253 787,621,271 j¾Ih wjidkfha uqo,a yd uqo,a iudk oE 7 616,614,327 917,987,253 msgq wxl 88 isg 94 olajd we;s .sKqï m%;sm;a;s iy igyka fuu uQ,H m%ldYkj,u wLKav fldgila fõ' jd¾Isl jd¾;dj 2009 87 uQ,H m%ldYk j,g igyka 2009 foieïn¾ 31 Èfkka wjika j¾Ih i|yd 1' úfYaIs; .sKqï m%;sm;a;Ska j, idrdxYh 1'1 ms .=jka ix;rK mk; hgf;a m%d.aOk j;alï l 2005 uehs 04 Èke;s leìkÜ wkque;sh wkqj rcfha wdodhï iy keõ ke.Sfï nÿ 2006 ckjdß ui 01 jk Èk isg iïmQ¾Kfhka iS$i .='.='fia' iud.fï wdodhula f,i .sKqï.; lr we;' fuu wdodhfuka fldgila fmr j¾I j, § r|jd .;a wdodhï wruqof,a wdodhula f,i .sKqï.; lr we;'