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Slt Annual Report 2014

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Submitted By sumudu87
Words 22150
Pages 89
Giving life to thought
Sri Lanka Telecom PLC Annual Report 2014

Welcome to Sri Lanka Telecom PLC
Annual Report 2014
Our Vision
All Sri Lankans seamlessly connected with world-class information, communication and entertainment services.

Our Mission
Your trusted and proven partner for innovative and exciting communication experiences delivered with passion, quality and commitment.

Contents
SLT at a glance
02
SLT’s year at a glance
05
About this report
07
Letter from the Group Chairman
08
Letter from the Group Chief Executive Officer
10
Board of Directors
12
Leadership team
18
Corporate governance
23
Risk management
34
Management discussion and analysis
38
Financial reports
Annual Report of the Board of Directors on the affairs of the Company
86
Statement of Directors in relation to their responsibility for the preparation of financial statements
93
Audit committee report
94
Independent auditors’ report
97
Statement of profit or loss and other comprehensive income
98
Statement of financial position
99
Statement of changes in equity - Group
100
Statement of changes in equity - Company
101
Statement of cash flows
102
Notes to the financial statements
103
Ten year progress - Group
150
Value added statement
151
Investor relations
152
Portfolio of lands
154
Milestones
157
GRI index
158
Abbreviations
161
Notice of meeting
162
Form of proxy
Enclosed
Corporate information
Inner back cover

Sri Lanka Telecom is the pioneer communications provider to the Nation. We have over 150 years of expertise in ‘giving life to thought’, fulfilling the evolving dreams and aspirations of all Sri Lankans – from basic connectivity to the eclectic applications that distinguish the communications sphere today.
Our customers over the years have sought an ever evolving portfolio of services that went from

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