Vision Mission
  Intro
Group Highlights
A letter from the Chairman
Board of Directors
CEO's Review
Financial Review
Report on Corporate Governance
Report of the Directors
Statement of the Directors'
  Responsibilities in Relation to
  the Financial Statements
Report of the Auditors
Income Statement
Balance Sheet
Statement of changes in Equity
Cash Flow Statement
Accounting Policies
Notes to the Financial Statements
Five Year Progress
Value Addition
Investor Information
Notice of Meeting
 
   
 


(In the Notes all amounts shown in Sri Lanka Rupees millions unless otherwise stated)
2. Operating Costs        
The following items have been included in arriving at operating profit:
  Group Company
 
2001
2000
2001
2000
Staff costs (Note 3) 2,797 2,522 2,797 2,522
Payments to international network operators 2,163 1,896 2,163 1,896
Payments to other network        
operators - international 934 374 934 374
Auditors’ remuneration 3 3 3 3
Repairs and maintenance 688 824 688 824
Bad debt/Stock provisions 507 660 507 660
Net foreign exchange gains on operating activities (342) (230) (342) (230)
Payments to NTT Communications        
Corporation [Note (a)] 557 508 557 508
         
(a) Payments to NTT Communications Corporation represents amounts payable (to NTT Communications Corporation) on account of salaries and expenditure of seconded experts and management fees (refer Note 27).

(b) The above expenses include Directors’ emoluments for the year 2001 of Rs. 36 million
(2000 - Rs. 48 million). This includes fees paid to NTT of Rs. 35 million (2000 - Rs. 47 million) for the secondment of expatriate personnel who are also Directors of SLTL.

 

Notes
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29
previous next