|
25. Capital Commitments
Capital expenditure contracted
for at the Balance Sheet date but not recognised in
the financial statements amounts to Rs. 792 million
(2000 - Rs. 8,940 million).
26. Contingencies
An internet service provider
still continues with the action filed against the Company
claiming damages on account of defamation arising out
of an advertisement placed by the Company. Such damages
claimed amounts to Rs. 1,500 million.
Based on the advice of legal experts, the Directors
are confident that this case can be successfully defended,
and that it will not result in any material loss to
SLTL.
|
