Home
  Chairman’s message
  Board of Directors
  CEO’s message
 
 
 
 
Consolidated Balance Sheet
 
(All amounts in Sri Lanka Rupees millions)          
As at 31 December 2005   Group Company
  Notes 2005 2004 2005 2004
ASSETS          
Non-current assets          
Property, plant & equipment 9 56,151 54,360 47,607 48,210
Intangible assets 10 141 219 – –
Investments 11 – 710 3,497 2,707
Non-current receivables 12 1,385 1,439 3,498 969
    57,677 56,728 54,602 51,886
CURRENT ASSETS          
Inventories 13 844 1,312 694 771
Receivables and prepayments 14 8,531 9,987 7,906 9,157
Cash & cash equivalents 15 14,468 10,845 12,735 10,736
    23,843 22,144 21,335 20,664
Total assets   81,520 78,872 75,937 72,550
EQUITY AND LIABILITIES          
Capital and reserves          
Ordinary share capital 23 18,049 18,049 18,049 18,049
Capital reserve 24 188 188 188 188
Hedging reserve 25 (208) (677) (208) (677)
Insurance reserve 21 166 100 166 100
Retained earnings   15,598 13,404 18,374 14,922
    33,793 31,064 36,569 32,582
Deferred income 18 7,546 7,272 7,546 7,272
           
Non-current liabilities          
Grants   89 10 89 10
Deferred tax liabilities 17 6,013 7,489 6,013 7,489
Borrowings 16 19,139 20,905 13,848 16,106
Retirement benefit obligations 20 751 520 721 497
Trade and other payables 19 297 234 297 234
    26,289 29,158 20,968 24,336
Current liabilities          
Trade and other payables 19 7,414 6,616 6,263 5,656
Current tax liabilities   2,777 297 2,757 297
Borrowings 16 3,701 4,465 1,834 2,407
    13,892 11,378 10,854 8,360
Total liabilities   40,181 40,536 31,822 32,696
Total equity and liabilities   81,520 78,872 75,937 72,550
These financial statements were approved by the Board of Directors on 13 March 2006 and were signed on its behalf by:
(Sgd.)
Anil Obeyesekere
Chairman		 (Sgd.)
Shuhei AnanCEO/Director		        

The Accounting Policies on pages 61 to 64 and the Notes on pages 65 to 81 form an integral part of these financial statements.