| (All amounts in Sri Lanka Rupees millions) |
|
Group |
Company |
| For the year ended, 31 December 2008 |
Notes |
2008 |
2007 |
2008 |
2007 |
| Revenue |
5 |
47,044 |
43,234 |
36,113 |
37,068 |
| Operating costs |
6 |
(25,095) |
(20,748) |
(18,635) |
(17,231) |
Operating profit before depreciation,
amortisation and ITL |
|
21,949 |
22,486 |
17,478 |
19,837 |
| Depreciation |
15 |
(10,431) |
(10,220) |
(8,210) |
(8,884) |
| Amortisation of intangible assets |
16 |
(332) |
(196) |
(136) |
(94) |
International Telecommunication
Operators' Levy (ITL) |
8 |
(2,987) |
(2,851) |
(2,736) |
(2,727) |
| Operating profit |
|
8,199 |
9,219 |
6,396 |
8,132 |
Refund on Telecommunication
Development Charge (TDC) |
8 |
2,183 |
– |
2,183 |
– |
| Voluntary Retirement Scheme (VRS) costs |
9 |
(390) |
(43) |
(390) |
(43) |
| Other income |
|
419 |
169 |
228 |
166 |
| Dividend received |
35 (b) |
– |
– |
349 |
– |
| Interest expense and finance costs |
10 |
(2,130) |
(2,232) |
(1,202) |
(1,363) |
| Interest income |
11 |
1,279 |
1,286 |
1,208 |
1,239 |
| Profit before tax |
|
9,560 |
8,399 |
8,772 |
8,131 |
| Tax |
12 |
(2,193) |
(2,759) |
(2,171) |
(2,743) |
| Net profit |
|
7,367 |
5,640 |
6,601 |
5,388 |
| Attributable to: |
|
|
|
|
|
| Equity holders of the Company |
|
7,370 |
5,640 |
6,601 |
5,388 |
| Minority interest |
|
(3) |
– |
– |
– |
|
|
7,367 |
5,640 |
6,601 |
5,388 |
|
|
|
|
|
|
Earnings per share for profit attributable to
equityholders of the Company |
|
|
|
|
|
| Basic (Rs.) |
13 |
4.08 |
3.12 |
3.66 |
2.99 |
|
|
|
|
|
|
All of the Group’s activities are continuing activities.
The Notes on pages 77 to 118 form an integral part of these financial statements. |
