CENTRAL FINANCE COMPANY PLC |
INTERIM FINANCIAL STATEMENTS |
FOR THE YEAR ENDED |
31ST MARCH 2025 |
CENTRAL FINANCE COMPANY PLC |
INCOME STATEMENT Group Company For the year ended 31st March 2025 2024 2025 2024 |
Unaudited Audited Increase Unaudited Audited Increase (decrease) (decrease) Rs.'000 Rs.'000 % Rs.'000 Rs.'000 % |
Income 26,695,001 26,868,940 (1) 20,702,953 21,796,256 (5) |
Interest income 17,232,398 19,500,264 (12) 16,817,482 19,039,764 (12) Interest expenses (4,712,460) (6,372,075) (26) (4,758,129) (6,452,630) (26) |
Net interest income 12,519,938 13,128,189 (5) 12,059,353 12,587,134 (4) Net income from financial instruments at FVTPL 609,367 350,244 74 520,228 242,783 114 Net other revenue 1,454,955 1,377,648 6 - - - Operating lease income 1,469,016 1,186,002 24 1,483,100 1,197,530 24 Other income 1,562,341 1,065,331 47 1,882,143 1,316,179 43 |
Total operating income 17,615,617 17,107,414 3 15,944,824 15,343,626 4 |
Impairment (charge)/ reversal and other credit losses 1,901,575 (53,041) (3,685) 1,902,961 (162,647) (1,270) |
Net Operating Income 19,517,192 17,054,373 14 17,847,785 15,180,979 18 |
Operating expenses Personnel expenses (3,731,556) (3,305,050) 13 (3,298,815) (2,887,703) 14 Premises, equipment, establishment and other expenses (3,502,477) (3,108,238) 13 (3,309,665) (2,857,842) 16 |
(7,234,033) (6,413,288) 13 (6,608,480) (5,745,545) 15 |
Operating profit before share of profit of equity accounted investees 12,283,159 10,641,085 15 11,239,305 9,435,434 19 |
Share of profit of equity accounted investees, net of tax 3,664,776 2,664,448 38 - - - |
Operating profit before taxes on financial services 15,947,935 13,305,533 20 11,239,305 9,435,434 19 Taxes on financial services (2,075,596) (1,879,274) 10 (2,075,596) (1,879,274) 10 |
Profit before tax 13,872,339 11,426,259 21 9,163,709 7,556,160 21 |
Income tax expense (3,654,104) (3,239,319) 13 (3,181,538) (2,765,727) 15 |
Profit for the year 10,218,235 8,186,940 25 5,982,171 4,790,433 25 |
Profit attributable to : Equity holders of the parent 9,923,975 7,842,275 27 5,982,171 4,790,433 25 |
Non-controlling interest 294,260 344,665 (15) - - - |
Profit for the year 10,218,235 8,186,940 25 5,982,171 4,790,433 25 |
Basic and Diluted Earnings Per Share (Rs.) 43.65 34.49 The annexed notes form an integral part of these interim financial statements. |
CENTRAL FINANCE COMPANY PLC STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME |
Group Company For the year ended 31st March 2025 2024 2025 2024 |
Unaudited Unaudited Increase Unaudited Unaudited Increase (decrease) (decrease) Rs.'000 Rs.'000 % Rs.'000 Rs.'000 % |
Profit for the year 10,218,235 8,186,940 25 5,982,171 4,790,433 25 Other comprehensive income/(expense) to be reclassified to income statement Fair value gain on debt securities at fair value through other comprehensive income Share of equity accounted investee, net of tax 317,874 952,982 (67) - - - |
Total other comprehensive income/(expense) to be reclassified to income 317,874 952,982 (67) - - - |
Other comprehensive income/(expense) not to be reclassified to income statement Actuarial gains/( losses) on defined benefit plans (65,946) (145,752) (55) (28,375) (135,342) (79) Deferred tax impact on acturial losses 19,784 43,752 (55) 8,513 40,603 (79) |
(46,162) (102,000) (55) (19,862) (94,739) (79) Share of equity accounted investee, net of tax (16,825) (24,722) (32) - - - |
Revaluation gain of land and buildings Gain on revaluation of land & buildings - 1,184,820 - 941,777 - Deferred tax impact on revaluation reserve - (306,506) - (282,533) - |
- 878,314 - 659,244 - Share of equity accounted investee, net of tax 61,225 14,661 - - - - |
Total other comprehensive income/(expense) not to be reclassified to income (1,762) 766,253 (100) (19,862) 564,505 (104) statement |
Other comprehensive income/(expense) for the year(net of tax) 316,112 1,719,235 (82) (19,862) 564,505 (104) |
Total comprehensive income for the year 10,534,347 9,906,175 6 5,962,309 5,354,938 11 |
Total comprehensive income Attributable to: Equity holders of the parent 10,239,010 9,466,177 8 5,962,309 5,354,938 11 |
Non-controlling interest 295,337 439,998 (33) - - - |
Total comprehensive income for the year 10,534,347 9,906,175 6 5,962,309 5,354,938 11 |
The annexed notes form an integral part of these interim financial statements. |
CENTRAL FINANCE COMPANY PLC |
INCOME STATEMENT Group Company For the three months ended 31st March 2025 2024 2025 2024 |
Unaudited Unaudited Increase Unaudited Unaudited Increase (decrease) (decrease) Rs.'000 Rs.'000 % Rs.'000 Rs.'000 % |
Income 6,566,508 6,621,383 (1) 5,180,217 5,383,666 (4) |
Interest income 4,227,405 4,650,729 (9) 4,116,329 4,530,017 (9) Interest expenses (1,057,468) (1,547,484) (32) (1,067,969) (1,563,981) (32) |
Net interest income 3,169,937 3,103,245 2 3,048,360 2,966,036 3 Net income from financial instruments at FVTPL 59,051 107,807 (45) 52,529 83,227 (37) Net other revenue 421,454 373,392 13 - - - Operating lease income 395,180 314,006 26 398,894 317,057 26 Other income 397,266 290,149 37 612,465 453,365 35 |
Total operating income 4,442,888 4,188,599 6 4,112,248 3,819,685 8 |
Impairment (charge)/ reversal and other credit losses 704,359 27,967 2,419 706,509 40,256 1,655 |
Net Operating Income 5,147,247 4,216,566 22 4,818,757 3,859,941 25 |
Operating expenses Personnel expenses (1,005,468) (870,544) 15 (879,631) (753,936) 17 Premises, equipment, establishment and other expenses (1,037,677) (831,222) 25 (988,543) (802,017) 23 |
(2,043,145) (1,701,766) 20 (1,868,174) (1,555,953) 20 |
Operating profit before share of profit of equity accounted investees 3,104,102 2,514,800 23 2,950,583 2,303,988 28 |
Share of profit of equity accounted investees, net of tax 875,711 818,833 7 - - - |
Operating profit before taxes on financial services 3,979,813 3,333,633 19 2,950,583 2,303,988 28 Taxes on financial services (539,293) (462,266) 17 (539,293) (462,266) 17 |
Profit before tax 3,440,520 2,871,367 20 2,411,290 1,841,722 31 |
Income tax expense (1,036,212) (858,008) 21 (860,479) (676,405) 27 |
Profit for the period 2,404,308 2,013,359 19 1,550,811 1,165,317 33 |
Profit attributable to : Equity holders of the parent 2,325,482 1,935,107 20 1,550,811 1,165,317 33 |
Non-controlling interest 78,826 78,252 1 - - - |
Profit for the period 2,404,308 2,013,359 19 1,550,811 1,165,317 33 |
Basic and Diluted Earnings Per Share (Rs.) 10.23 8.51 The annexed notes form an integral part of these interim financial statements. |
CENTRAL FINANCE COMPANY PLC STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME |
Group Company For the three months ended 31st March 2025 2024 2025 2024 |
Unaudited Unaudited Increase Unaudited Unaudited Increase (decrease) (decrease) Rs.'000 Rs.'000 % Rs.'000 Rs.'000 % |
Profit for the period 2,404,308 2,013,359 19 1,550,811 1,165,317 33 Other comprehensive income/(expense) to be reclassified to income statement Fair value gain on debt securities at fair value through other comprehensive income Share of equity accounted investee, net of tax 46,882 219,349 (79) - - - |
Total other comprehensive income/(expense) to be reclassified to income statement 46,882 219,349 (79) - - - |
Other comprehensive income/(expense) not to be reclassified to income statement Actuarial gains/( losses) on defined benefit plans (65,946) (145,752) (55) (28,375) (135,342) (79) Deferred tax impact on acturial losses 19,784 43,752 (55) 8,513 40,603 (79) |
(46,162) (102,000) (55) (19,862) (94,739) (121) Share of equity accounted investee, net of tax 2,057 (528) 290 |
Revaluation gain of land and buildings Gain on revaluation of land & buildings - 1,184,820 - 941,777 Deferred tax impact on revaluation reserve - (306,506) - (282,533) |
878,314 659,244 Share of equity accounted investee, net of tax 4,174 14,661 (71) - - - |
Total other comprehensive income/(expense) not to be reclassified to income statement (39,931) 790,447 (105) (19,862) 564,505 (104) |
Other comprehensive income/(expense) for the period(net of tax) 6,951 1,009,796 (99) (19,862) 564,505 (104) |
Total comprehensive income for the period 2,411,259 3,023,155 (20) 1,530,949 1,729,822 (11) |
Total comprehensive income Attributable to: Equity holders of the parent 2,331,356 2,849,570 (18) 1,530,949 1,729,822 (11) |
Non-controlling interest 79,903 173,585 (54) - - - |
Total comprehensive income for the period 2,411,259 3,023,155 (20) 1,530,949 1,729,822 (11) |
The annexed notes form an integral part of these interim financial statements. |
PUBLIC#
CENTRAL FINANCE COMPANY PLC | |||
STATEMENT OF FINANCIAL POSITION Group Company | |||
As at 31.03.2025 31.03.2024 31.03.2025 31.03.2024 Unaudited Audited Unaudited Audited Rs.'000 Rs.'000 Rs.'000 Rs.'000 | |||
ASSETS Cash and cash equivalents 1,011,416 905,389 874,621 755,076 Fair value through profit or loss financial assets 1,807,449 3,908,515 1,466,670 3,029,889 Securities bought under repurchase agreements 3,401,767 6,200,535 3,401,767 6,090,306 Financial assets at amortised cost- Debt and other financial instruments 21,070,588 28,971,594 17,597,353 26,599,900 Financial assets at amortised cost- Loans and receivables from customers 9,574,069 5,958,437 9,566,996 5,944,936 Financial assets at amortised cost- Net investment in leases and hire purchase 56,556,667 44,203,016 56,556,667 44,203,016 Trade receivables 1,419,590 1,000,140 - -Investments in subsidiaries - - 407,979 407,979 Investments in equity accounted investees 18,297,316 14,532,496 1,834,063 1,731,672 Inventories and other stocks 1,054,483 1,064,686 72,132 89,814 Investment properties 66,611 66,611 66,611 66,611 Property, plant and equipment 14,230,125 13,228,686 11,593,908 10,566,848 Right of use assets 596,481 468,191 836,396 502,090 Intangible assets 246,745 274,693 242,956 270,266 Current tax assets 43 43 - - Deferred tax assets 35,313 24,072 - - Other assets 780,056 722,641 488,673 483,992 Real estates held for sale 4,368 4,368 4,368 4,368 | |||
Total assets 130,153,087 121,534,113 105,011,160 100,746,763 | |||
LIABILITIES Bank overdrafts 464,813 464,254 452,705 414,157 Financial liabilities at amortised cost -Deposits 41,675,987 43,737,485 42,122,280 44,200,604 Financial liabilities at amortised cost -Interest bearing borrowings 4,444 18,024 - -Lease liabilities 601,993 472,351 841,908 517,267 Employee benefit obligations 2,089,165 2,533,524 1,866,402 2,365,673 Current tax liabilities 794,032 776,389 605,096 567,804 Deferred tax liabilities 2,303,249 1,626,370 1,791,483 1,125,451 Other liabilities 2,494,335 1,559,915 2,125,844 1,237,195 | |||
Total liabilities 50,428,018 51,188,312 49,805,718 50,428,151 | |||
EQUITY Stated capital 2,230,286 2,230,286 2,230,286 2,230,286 Statutory reserve fund 3,504,000 3,204,000 3,504,000 3,204,000 Revaluation reserve 5,434,116 5,384,232 3,943,952 3,953,451 Fair value reserve 1,370,884 1,053,010 - - Loan loss reserve 920,000 920,000 920,000 920,000 General reserve 23,402,957 23,402,957 23,391,776 23,391,776 Retained earnings 40,353,701 31,857,928 21,215,428 16,619,099 | |||
Total equity, excluding non-controlling interest 77,215,944 68,052,413 55,205,442 50,318,612 Non-controlling interest 2,509,125 2,293,388 - - | |||
Total equity 79,725,069 70,345,801 55,205,442 50,318,612 | |||
Total liabilities and equity 130,153,087 121,534,113 105,011,160 100,746,763 | |||
Net asset value per share - Rs. 339.63 299.32 242.82 221.32 | |||
These financial statements have been prepared in compliance with the requirements of the Companies Act No.07 of 2007. W.M.T.W.Weerasinghe Chief Financial Officer * The Board of Directors is responsible for the preparation and presentation of these financial statements. Approved and signed for and on behalf of the board. A.K. Gunaratne M.H.de Silva Managing Director/Chief Executive officer Director 28th May 2025 Colombo |
PUBLIC
CENTRAL FINANCE COMPANY PLC |
STATEMENT OF CHANGES IN EQUITY |
For the year ended 31st March 2025 Attributable to equity holders of the company Non- Total Group Stated capital Statutory Revaluation Fair value Loan loss General Retained Total controlling reserve fund reserve reserve reserve reserves earnings interest Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 |
Balance as at 1st April 2023 2,230,286 2,964,000 4,597,308 100,028 920,000 23,402,957 25,330,663 59,545,242 1,900,478 61,445,720 Total comprehensive income Profit for the year - - - - - - 7,842,275 7,842,275 344,665 8,186,940 Other comprehensive income - - 794,535 952,982 - - (123,615) 1,623,902 95,333 1,719,235 |
Total comprehensive income - - 794,535 952,982 - - 7,718,660 9,466,177 439,998 9,906,175 |
Transactions with equity holders of the Company and other transfers , recognised directly in equity Depreciation on revaluation surplus - - (7,611) - - - 7,611 - - -Unclaimed dividends written back 7,276 7,276 7,276 Payment of forfeited dividends - - - - - - (26) (26) - (26) Transfers during the year 240,000 (240,000) Dividends - cash/scrip - - - - - - (966,256) (966,256) (47,088) (1,013,344) |
Total contributions from and distribution to equity holders and other transfers - 240,000 (7,611) - - - (1,191,395) (959,006) (47,088) (1,006,094) |
Balance as at 31st March 2024 2,230,286 3,204,000 5,384,232 1,053,010 920,000 23,402,957 31,857,928 68,052,413 2,293,388 70,345,801 |
Balance as at 01st April 2024 2,230,286 3,204,000 5,384,232 1,053,010 920,000 23,402,957 31,857,928 68,052,413 2,293,388 70,345,801 Total comprehensive income Profit for the year - - - - - - 9,923,975 9,923,975 294,260 10,218,235 Other comprehensive income - - 61,225 317,874 - - (64,064) 315,035 1,077 316,112 |
Total comprehensive income - - 61,225 317,874 - - 9,859,911 10,239,010 295,337 10,534,347 |
Transactions with equity holders of the Company and other transfers , recognised directly in equity Depreciation on revaluation surplus - - (11,341) - - - 11,341 - - -Unclaimed dividends written back 4,880 4,880 4,880 Payment of forfeited dividends - - - - - - (425) (425) - (425) Transfers during the year 300,000 - - - - (300,000) - - -Dividends -Cash - - - - - - (1,079,934) (1,079,934) (79,600) (1,159,534) |
Total contributions from and distribution to equity holders and other transfers - 300,000 (11,341) - - - (1,364,138) (1,075,479) (79,600) (1,155,079) |
Balance as at 31st March 2025 2,230,286 3,504,000 5,434,116 1,370,884 920,000 23,402,957 40,353,701 77,215,944 2,509,125 79,725,069 |
The annexed notes form an integral part of these interim financial statements. Figures in brackets indicate deductions. |
PUBLIC#
CENTRAL FINANCE COMPANY PLC |
STATEMENT OF CHANGES IN EQUITY |
For the year ended 31st March 2025 Company Stated capital Statutory Revaluation Loan loss General Retained Total reserve fund reserve reserve reserve earnings Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 |
Balance as at 01st April 2023 2,230,286 2,964,000 3,299,945 920,000 23,391,776 13,116,673 45,922,680 Total comprehensive income Profit for the year - - - - - 4,790,433 4,790,433 Other comprehensive income - - 659,244 - - (94,739) 564,505 |
Total comprehensive income - - 659,244 - - 4,695,694 5,354,938 |
Transactions with equity holders of the Company and other transfers , recognised directly in equity Depreciation on revaluation surplus - - (5,738) - - 5,738 - Unclaimed dividends written back 7,276 7,276 Transfers during the year 240,000 (240,000) -Payment of forfeited dividends - - - - - (26) (26) Dividends - Cash - - - - - (966,256) (966,256) |
Total contributions from and distribution to equity holders and other transfers - 240,000 (5,738) - - (1,193,268) (959,006) |
Balance as at 31st March 2024 2,230,286 3,204,000 3,953,451 920,000 23,391,776 16,619,099 50,318,612 |
Balance as at 01st April 2024 2,230,286 3,204,000 3,953,451 920,000 23,391,776 16,619,099 50,318,612 Total comprehensive income Profit for the year - - - - - 5,982,171 5,982,171 Other comprehensive income - - - - - (19,862) (19,862) |
Total comprehensive income - - - - - 5,962,309 5,962,309 |
Transactions with equity holders of the Company and other transfers , recognised directly in equity Depreciation on revaluation surplus - - (9,499) - - 9,499 - Unclaimed dividends written back 4,880 4,880 Payment of forfeited dividends - - - - - (425) (425) Transfers during the year 300,000 (300,000) Dividends -Cash - - - - - (1,079,934) (1,079,934) |
Total contributions from and distribution to equity holders and other transfers - 300,000 (9,499) - - (1,365,980) (1,075,479) |
Balance as at 31st March 2025 2,230,286 3,504,000 3,943,952 920,000 23,391,776 21,215,428 55,205,442 |
The annexed notes form an integral part of these interim financial statements. Figures in brackets indicate deductions. |
CENTRAL FINANCE COMPANY PLC | ||||
STATEMENT OF CASH FLOWS | ||||
Group | Company | |||
For the year ended 31st March | 2025 | 2024 | 2025 | 2024 |
Unaudited | Audited | Unaudited | Audited | |
Rs.'000 | Rs.'000 | Rs.'000 | Rs.'000 | |
Cash flows from operating activities | ||||
Interest receipts | 15,782,273 | 17,930,755 | 15,460,400 | 17,735,403 |
Interest payments | (1,952,543) | (2,583,958) | (1,961,865) | (2,598,149) |
Recoveries on bad debts previously written off | 453,796 | 334,971 | 453,796 | 334,971 |
Receipts from other operating activities | 8,291,051 | 6,927,489 | 1,666,820 | 1,330,830 |
Cash payments to employees and suppliers | (12,429,571) | (9,105,110) | (6,060,011) | (4,752,490) |
Operating profit before changes in operating assets (Increase) / decrease in operating assets: Debt and Other Financial Instruments Loans to customers | 10,145,006 13,969,424 (45,245,408) (3 | 13,504,147 (5,047,576) 2,071,006) | 9,559,140 13,969,424 (45,231,172) | 12,050,565 (5,047,576) (32,403,992) |
Customer repayments Others Increase / (decrease) in operating liabilities: | 35,012,154 (2,231,552) | 29,357,409 (863,347) | 34,996,031 (2,178,502) | 29,696,873 (813,772) |
Net cash effect on deposits | (3,995,185) | 2,736,778 | (4,045,895) | 2,839,964 |
7,654,439 | 7,616,405 | 7,069,026 | 6,322,062 | |
Net cash from operating activities before taxes on financial services | ||||
Taxes on financial services | (1,996,796) | (1,819,677) | (1,996,796) | (1,819,677) |
Net cash on operating activities before income tax | 5,657,643 | 5,796,728 | 5,072,230 | 4,502,385 |
Income tax paid | (2,655,779) | (3,715,715) | (2,265,263) | (3,307,729) |
Net cash generated from/(used in) operating activities | 3,001,864 | 2,081,013 | 2,806,967 | 1,194,656 |
Cash flows from investing activities | ||||
Dividends received from subsidiaries | - | - | 88,663 | 47,832 |
Dividends received from equity accounted investees | 228,507 | 122,063 | 103,617 | 77,164 |
Dividends received from other companies | 31,974 | 18,973 | 27,879 | 12,852 |
Acquisition of financial investments | (8,439,732) | (6,565,690) | - | - |
Proceeds from sale of financial investments | 8,352,216 | 5,529,813 | - | 51,721 |
Proceeds from disposal of investment property | - | 23,971 | - | 23,971 |
Investment in unquoted shares | (37,786) | - | (37,786) | - |
Investment in quoted shares | (29,464) | - | (29,464) | - |
Purchase of property, plant and equipment | (1,876,119) | (608,770) | (1,799,771) | (510,338) |
Disposal of property, plant and equipment | 56,402 | 152,005 | 56,165 | 151,983 |
Net cash generated from/ (used in) investing activities | (1,714,002) | (1,327,635) | (1,590,697) | (144,815) |
Cash flows from financing activities | ||||
Proceeds from borrowings | 5,984,000 | 1,250,000 | 5,255,000 | 1,250,000 |
Repayment of borrowings | (5,997,580) | (1,304,780) | (5,255,000) | (1,287,500) |
Lease installment settlement | (132,637) | (118,972) | (177,553) | (159,439) |
Dividends paid to equity holders of the parent | (957,940) | (869,876) | (957,940) | (869,876) |
Dividends paid to non-controlling interest | (78,458) | (35,483) | - | - |
Net cash generated from/(used in) financing activities | (1,182,615) | (1,079,111) | (1,135,493) | (1,066,815) |
Net increase in cash and cash equivalents | 105,247 | (325,733) | 80,777 | (16,974) |
Cash and cash equivalents at the beginning of the year | 441,369 | 767,102 | 341,147 | 358,121 |
Cash and cash equivalents at the end of the year | 546,616 | 441,369 | 421,924 | 341,147 |
Cash and cash equivalents | 1,011,416 | 905,389 | 874,621 | 755,076 |
Bank overdrafts | (464,813) | (464,254) | (452,705) | (414,157) |
Impairment provision for cash equivalents | 13 | 234 | 8 | 228 |
Cash and cash equivalents at the end of the year | 546,616 | 441,369 | 421,924 | 341,147 |
Figures in brackets indicate outflows. The annexed notes form an integral part of these interim financial statements. | ||||
CENTRAL FINANCE COMPANY PLC | |
NOTES TO THE INTERIM FINANCIAL STATEMENTS
31.03.2025 31.12.2024 A.D.B.Talwatte* Nil Nil E.H. Wijenaike 35,039,742 35,039,742 A.K. Gunaratne 1,810,661 1,810,661 D.P. de Silva 225,117 225,117 Dr. (Mrs.) A.D.N. de Zoysa Nil Nil A.R. Fernando Nil Nil C.K. Hettiarachchi 134,399 134,399 K.B. Herath Nil Nil M.H.de Silva Nil Nil M.S.De Saram Nil Nil S.H Munasinghe Nil Nil * Mr. A.D.B. Talwatte retired as the Chairman of the Board with effect from 30 April 2025 on reaching age of 70 years in compliance with section 4.2 of the Finance Business Act Direction No. 05 of 2021 on Corporate Governance. In order to fill the casual vacancy arising from the retirement of Mr. A.D.B. Talwatte , Ms. S.H Munasinghe was appointed to the Board of Directors as an Independent Non-Executive Director with effect from 1st May 2025. 6 Twenty largest shareholders of the Company are as follows: As at 31.03.2025 *As at 31.12.2024 Number of shares % Number of shares % 1 Corporate Services (Pvt) Ltd. A/C No.01 36,625,096 16.11 36,625,096 16.11 2 E.H. Wijenaike 35,039,742 15.41 35,039,742 15.41 3 Employees Provident Fund 23,702,974 10.43 24,419,181 10.74 4 Thurston Investments Limited 13,849,392 6.09 13,624,392 5.99
| |
169,341,235 74.48 170,269,567 74.89 | |
Others 58,013,227 25.52 57,084,895 25.11 | |
Total 227,354,462 100.00 227,354,462 100.00 | |
*Comparative shareholdings as at 31.12.2024 held by the twenty largest shareholders as at 31.03.2025. | |
CENTRAL FINANCE COMPANY PLC |
NOTES TO THE INTERIM FINANCIAL STATEMENTS
|
CENTRAL FINANCE COMPANY PLC | |
NOTES TO THE INTERIM FINANCIAL STATEMENTS 10 Classification of financial assets and liabilities - Group The following table analyses the carrying amounts of the financial instruments by category as defined in Sri Lanka Accounting Standard - SLFRS 9 Financial Instruments. Financial assets and financial liabilities measured at fair value - fair value hierarchy Fair value through profit or loss financial assets - Group | |
31.03.2025 Level 1 Level 2 Level 3 Total Rs.'000 Rs.'000 Rs.'000 Rs.'000 | |
Investments in quoted securities 591,404 - - 591,404 Unquoted equities - - 167,822 167,822 Investments in units - 1,048,223 - 1,048,223 | |
591,404 1,048,223 167,822 1,807,449 | |
Fair value through profit or loss financial assets - Group | |
31.03.2024 Level 1 Level 2 Level 3 Total Rs.'000 Rs.'000 Rs.'000 Rs.'000 | |
Investments in quoted securities 436,982 - - 436,982 Unquoted equities - - 120,303 120,303 Investments in units - 3,351,230 - 3,351,230 | |
436,982 3,351,230 120,303 3,908,515 | |
Fair value through profit or loss financial assets - Company | |
31.03.2025 Level 1 Level 2 Level 3 Total Rs.'000 Rs.'000 Rs.'000 Rs.'000 | |
Investments in quoted securities 537,191 - - 537,191 Unquoted equities - - 165,505 165,505 Investments in units - 763,974 - 763,974 | |
537,191 763,974 165,505 1,466,670 | |
Fair value through profit or loss financial assets - Company | |
31.03.2024 Level 1 Level 2 Level 3 Total Rs.'000 Rs.'000 Rs.'000 Rs.'000 | |
Investments in quoted securities 325,285 - - 325,285 Unquoted equities - - 118,390 118,390 Investments in units - 2,586,214 - 2,586,214 | |
325,285 2,586,214 118,390 3,029,889 | |
Level 3 - fair value measurement The following table shows a reconciliation from the beginning balance to the ending balance for fair value measurement in level 3 of the fair value hierarchy. Group Company | |
As at 31.03.2025 31.03.2024 31.03.2025 31.03.2024 Rs.'000 Rs.'000 Rs.'000 Rs.'000 | |
Balance at the beginning of the year 120,303 111,156 118,390 108,845 Additions during the year 37,786 - 37,786 - Changes in fair value during the year 9,733 9,147 9,329 9,545 | |
Balance at the end of the year 167,822 120,303 165,505 118,390 | |
Level 01 valuations are based on market prices published by the Colombo Stock Exchange for shares quoted on the Colombo Stock Exchange and Level 02 valuations for units are based on the prices published by fund managers for respective funds. Level 03 valuations have been determined using valuation techniques which approximate the fair value. There have been no transfers among levels 01, 02 and 03. | |
CENTRAL FINANCE COMPANY PLC |
NOTES TO THE INTERIM FINANCIAL STATEMENTS 10 Analysis of financial assets and liabilities by measurement basis - Group As at 31.03.2025 |
Amortised cost Fair value Total Level 1 Level 2 Level 3 Description Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 |
Cash and cash equivalents 1,011,416 - 1,011,416 - 1,011,416 Securities bought under repurchase agreements 3,401,767 - 3,416,889 - 3,416,889 Financial assets at amortised cost- Debt and other financial instruments 21,070,588 - 21,569,434 - 21,569,434 Financial assets at amortised cost- Loans and receivables from customers 9,574,069 - 10,018,904 - 10,018,904 Financial assets at amortised cost- Net investment in leases and hire purchase 56,556,667 - 56,556,667 - 56,556,667 Trade receivables 1,419,590 - 1,419,590 - 1,419,590 Other financial assets 111,658 - 111,658 - 111,658 |
Total financial assets 93,145,755 - 94,104,558 - 94,104,558 |
Bank overdrafts 464,813 - 464,813 - 464,813 Financial liabilities at amortised cost -Deposits 41,675,987 - 42,826,994 - 42,826,994 Financial liabilities at amortised cost -Interest bearing borrowings 4,444 - 4,548 - 4,548 Lease liabilities 601,993 - 695,981 - 695,981 Other financial liabilities 1,534,623 - 1,534,623 - 1,534,623 |
Total financial liabilities 44,281,860 - 45,526,959 - 45,526,959 |
Analysis of financial assets and liabilities by measurement basis - Group As at 31.03.2024 |
Amortised cost Fair value Total Level 1 Level 2 Level 3 Description Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 |
Cash and cash equivalents 905,389 - 905,389 - 905,389 Securities bought under repurchase agreements 6,200,535 - 6,201,905 - 6,201,905 Financial assets at amortised cost- Debt and other financial instruments 28,971,594 - 29,091,758 - 29,091,758 Financial assets at amortised cost- Loans and receivables from customers 5,958,437 - 6,288,272 - 6,288,272 Financial assets at amortised cost- Net investment in leases and hire purchase 44,203,016 - 44,203,016 - 44,203,016 Trade receivables 1,000,140 - 1,000,140 - 1,000,140 Other financial assets 88,076 - 88,076 - 88,076 |
Total financial assets 87,327,187 - 87,778,556 - 87,778,556 |
Bank overdrafts 464,254 - 464,254 - 464,254 Financial liabilities at amortised cost -Deposits 43,737,485 - 45,962,731 - 45,962,731 Financial liabilities at amortised cost -Interest bearing borrowings 18,024 - 17,671 - 17,671 Lease liabilities 472,351 - 469,663 - 469,663 Other financial liabilities 821,287 - 821,287 - 821,287 |
Total financial liabilities 45,513,401 - 47,735,606 - 47,735,606 |
Analysis of financial assets and liabilities by measurement basis - Company As at 31.03.2025 |
Amortised cost Fair value Total Level 1 Level 2 Level 3 Description Rs.'000 Rs.'000 Rs.'000 Rs.'000 |
Cash and cash equivalents 874,621 - 874,621 - 874,621 Securities bought under repurchase agreements 3,401,767 - 3,416,889 - 3,416,889 Financial assets at amortised cost- Debt and other financial instruments 17,597,353 - 17,765,194 - 17,765,194 Financial assets at amortised cost- Loans and receivables from customers 9,566,996 - 10,011,831 - 10,011,831 Financial assets at amortised cost- Net investment in leases and hire purchase 56,556,667 - 56,556,667 - 56,556,667 Other financial assets 77,825 - 77,825 - 77,825 |
Total financial assets 88,075,229 - 88,703,027 - 88,703,027 |
Bank overdrafts 452,705 - 452,705 - 452,705 Financial liabilities at amortised cost -Deposits 42,122,280 - 43,273,287 - 43,273,287 Lease liabilities 841,908 - 935,896 - 935,896 Other financial liabilities 1,389,917 - 1,389,917 - 1,389,917 |
Total financial liabilities 44,806,810 - 46,051,805 - 46,051,805 |
Analysis of financial assets and liabilities by measurement basis - Company As at 31.03.2024 |
Amortised cost Fair value Total Level 1 Level 2 Level 3 Description Rs.'000 Rs.'000 Rs.'000 Rs.'000 |
Cash and cash equivalents 755,076 - 755,076 - 755,076 Securities bought under repurchase agreements 6,090,306 - 6,091,676 - 6,091,676 Financial assets at amortised cost- Debt and other financial instruments 26,599,900 - 26,595,901 - 26,595,901 Financial assets at amortised cost- Loans and receivables from customers 5,944,936 - 6,274,771 - 6,274,771 Financial assets at amortised cost- Net investment in leases and hire purchase 44,203,016 - 44,203,016 - 44,203,016 Other financial assets 58,464 - 58,464 - 58,464 |
Total financial assets 83,651,698 - 83,978,904 - 83,978,904 |
Bank overdrafts 414,157 - 414,157 - 414,157 Financial liabilities at amortised cost -Deposits 44,200,604 - 46,425,850 - 46,425,850 Lease liabilities 517,267 - 514,292 - 514,292 Other financial liabilities 697,121 - 697,121 - 697,121 |
Total financial liabilities 45,829,149 - 48,051,420 - 48,051,420 |
CENTRAL FINANCE COMPANY PLC |
NOTES TO THE INTERIM FINANCIAL STATEMENTS 11 In assessing the Expected Credit Loss (ECL) for the year ended 31st March 2025, Company consistently adopted above 30 days past due as the point in which significant increase in credit risk (SICR) occurs and above 90 days past due as the default point for all credit products in compliance with the Finance Business Act Direction No 01 of 2020 - Classification & Measurement of Credit Facilities. The Company has adopted the basis provided in section 4.3.1 (i) of the Direction for the reclassification of non-performing loans(NPLs) to performing loans(PLs) on clearance of the entire arrears for the purpose of calculation of Expected Credit Loss as of 31st March 2025. The impairment includes post model adjustments for the potential impairment that could arise through various stress testing techniques to ensure adequate provision for impairment is recognized in the financial statements as of 31st March 2025. The improvements in macro-economic conditions had been taken in to consideration in assessing the maro-economic factor assessment and potential downgrade of the credit portfolio for Expected Credit Loss as of 31st March 2025. The impairment reversal for the Company amounted to Rs. 1,902.96 Mn for the year ended 31st March 2025 while an impairment charge of Rs. 162.65 Mn was reported for the year ended 31st March 2024. The impairment reversal was mainly due to customer engagement driven collection efforts leading to improved recoveries and significant reduction in NPLs, reassessment of assumptions on stress testing scenarios arising from improved macro economic conditions and decrease in probability of default ratios (PDs) compared to prior period as a result of PDs related to 2020 which were adversely impacted by the Covid pandemic, moving out from the five year history of data points used for the ECL computation. For the year ended 31st March 2025, the Group recorded an impairment reversal of Rs. 1,901.57 Mn, compared to an impairment charge of Rs. 53.04 Mn for the year ended March 31st March 2024. In 2024, the Group's impairment charge decreased due to settlements reached on long-standing trade debtors of one of its subsidiary companies, resulting in a reversal of Rs. 137.6 Mn. 12. The Group holds 19.72% voting shares in Nations Trust Bank PLC (NTB) as at 31.03.2025. In terms of the Banking Act No.30 of 1998, as amended, Central Finance Group is required to reduce the holding of voting shares of NTB to 15% to comply with the said requirement. The restriction on voting rights at 10% which is applicable to the Central Finance Group continues to be in effect until the shareholding is reduced to 15%. As of 31 March 2025, the Group holds an economic interest of 21.38% in NTB. CF Group as a promoter shareholder continues to exercise significant influence on the operating and financial policies of the Bank as evidenced by the CF representation in Board positions and Board Sub-Committees of the Bank. 13 Events after the Reporting Period All material events subsequent to the reporting date have been considered and where appropriate adjustments to or disclosures are made in these interim Financial Statements. 13.1 Investment in equity accounted investees - Tea Smallholder Factories PLC (TSFP) On 3rd April 2025, Udapussellawa Plantations PLC acquired a thirty seven point five nine percent (37.59%) stake in Tea Smallholder Factories PLC at a price of Rupees Thirty Five (Rs.35) per share and made an announcement of a mandatory offer as required by the Takeovers and Mergers Code of 1995. Board of Directors of Central Finance Company PLC along with Subsidiary Company CF Growth Fund intend to accept the aforesaid mandatory offer; and divest 29.29% investment stake in Tea Smallholder Factories PLC. Central CF Growth Finance Fund Ltd Group Company PLC Number of shares held as of 31st March 2025 6,854,814 1,933,678 8,788,492 Holdings as of 31st March 2025 (%) 22.85% 6.45% 29.29% Anticipated sales proceeds (Rs. 000's) 239,918 67,679 307,597 Cost of investment (Rs. 000's) 99,337 30,361 129,698 Share of associate companies retained assets (Rs. 000's) * - - 395,828 Anticipated profit/(loss) on sale (Rs. 000's) 140,581 37,318 (217,929) * The consolidated financial statements of the Group include the cumulative profit share of the associate company that had been recognised under equity method. In accordance with LKA 10 "Events after the reporting period", this transaction subsequent to the year end has not been adjusted to the financial statements for the year ended 31st March 2025. 13.2 Proposed final dividend A final dividend of Rs.3.75 per share payable by cash has been recommended by the Board of Directors for the financial year ended 31st March 2025 which requires approval of shareholders at the forthcoming Annual General Meeting. In accordance with LKA 10 "Events after the reporting period", this proposed final dividend has not been recognised as a liability for the year ended 31st March 2025. 14 Selected Performance Indicators of the Company As at As at 31.03.2025 31.03.2024 Regulatory Capital Adequacy (%) (Note) Tier 1 Capital Adequacy Ratio (Minimum 2024- 10% 2023 - 8.5%) 47.05% 54.52% Total Capital Adequacy Ratio (Minimum 2024 - 14% 2023 - 12.5%) 44.79% 54.88% Capital Funds to Total Deposit Liabilities Ratio (Minimum 10%) 121.68% 104.88% Profitability (%) Return on Average Assets - After Tax (Annualized) 5.81% 5.02% Return on Average Equity - After Tax (Annualized) 11.34% 9.96% Asset Quality (%) Gross Stage 3 Loans Ratio 2.44% 6.46% Net Stage 3 Loans Ratio 0.51% 2.21% Net Stage 3 Loans to Core Capital Ratio 0.74% 2.73% Stage 3 Impairment Coverage Ratio 79.21% 65.70% Total Impairment Coverage Ratio 4.72% 10.02% Note - Company has calculated Stage-3 loans.as per section 4.3.1 (i) of the Finance Business Act Direction No 01 of 2020 - Classification & Measurement of Credit Facilities for the reclassification of non-performing loans(NPLs) to performing loans(PLs) on clearance of the entire arrears. Liquidity (%) Required Minimum Amount of Liquid Assets (Rs. 000's) 4,275,169 4,479,954 Available Minimum Amount of Liquid Assets (Rs. 000's) 11,125,704 27,360,288 Available Liquid Assets to Required Liquid Assets (Minimum 100%) 260.24% 610.73% |
PUBLIC
BUSINESS SEGMENT INFORMATIONLeasing, hire purchase and Medical services Manufacturing Insurance broking Investments Real estate Intra segmental adjustments Total All figures in Rs.000 other advances For the year ended 31st March 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 | ||||||||||||||||
Revenue | ||||||||||||||||
Interest income | 13,793,858 | 12,942,365 | 19,987 | 18,238 | 121,357 | 183,295 | 234,165 | 235,348 | 3,057,613 | 6,115,008 | 5,418 | 6,010 | - | - | 17,232,398 | 19,500,264 |
Other revenue | - | - | 165,669 | 157,605 | 5,347,078 | 4,356,954 | 309,132 | 252,540 | - | - | - | - | - | - | 5,821,879 | 4,767,099 |
Net income from financial instruments at FVTPL | 245 | 28 | 7,688 | 9,584 | 20,306 | 24,766 | 60,109 | 72,658 | 520,615 | 243,606 | 404 | (398) | - | - | 609,367 | 350,244 |
Operating lease income | 1,469,016 | 1,186,002 | - | - | - | - | - | - | - | - | - | - | - | - | 1,469,016 | 1,186,002 |
Other income | 1,556,124 | 1,054,180 | 2,087 | 2,262 | 3,584 | 6,926 | 90,787 | 69,300 | 296,423 | 222,198 | 444 | 1,014 | (387,108) | (290,549) | 1,562,341 | 1,065,331 |
Income from external customers | 16,819,243 | 15,182,575 | 195,431 | 187,689 | 5,492,325 | 4,571,941 | 694,193 | 629,846 | 3,874,651 | 6,580,812 | 6,266 | 6,626 | (387,108) | (290,549) | 26,695,001 | 26,868,940 |
Inter - segment income | 46,134 | 60,872 | - | 1 | 44 | 41 | 23,531 | 19,661 | 127,965 | 112,399 | 53,487 | 60,997 | (251,161) | (253,971) | - | - |
Total income | 16,865,377 | 15,243,447 | 195,431 | 187,690 | 5,492,369 | 4,571,982 | 717,724 | 649,507 | 4,002,616 | 6,693,211 | 59,753 | 67,623 | (638,269) | (544,520) | 26,695,001 | 26,868,940 |
Expenses | - | |||||||||||||||
Interest expenses | (3,239,939) | (3,971,884) | - | - | - | - | - | - | (1,471,770) | (2,401,913) | (3,339) | (5,315) | 2,589 | 7,037 | (4,712,460) | (6,372,075) |
Depreciation & amortisation | (628,567) | (579,524) | (6,556) | (8,153) | (89,781) | (68,065) | (20,986) | (20,893) | (13) | (13) | (3,475) | (2,475) | 52,228 | 52,422 | (697,150) | (626,701) |
Cost of sales | - | - | (76,025) | (75,905) | (4,204,389) | (3,251,609) | - | - | - | - | - | - | - | - | (4,280,414) | (3,327,514) |
Impairment (charge)/reversal and other credit losses | 1,905,106 | (229,281) | (962) | - | 1,391 | 137,662 | 125 | 3,801 | (3,795) | 34,739 | (272) | (1) | (18) | 39 | 1,901,575 | (53,041) |
Other operating and administrative expenses | (5,928,158) | (5,114,196) | (55,292) | (51,942) | (429,401) | (478,469) | (138,091) | (130,008) | (637) | (695) | (7,682) | (12,280) | (64,132) | (60,934) | (6,623,393) | (5,848,524) |
Inter - segment expenses | (7,891,559) (91,208) | (9,894,885) (121,646) | (138,835) - | (136,000) - | (4,722,180) - | (3,660,481) - | (158,952) (44,554) | (147,100) (49,349) | (1,476,215) (186) | (2,367,882) (1,374) | (14,768) (186) | (20,071) (186) | (9,333) 136,134 | (1,436) 172,555 | (14,411,842) - | (16,227,855) - |
Total expenses | (7,982,767) | (10,016,531) | (138,835) | (136,000) | (4,722,180) | (3,660,481) | (203,506) | (196,449) | (1,476,401) | (2,369,256) | (14,954) | (20,257) | 126,801 | 171,119 | (14,411,842) | (16,227,855) |
Segment results | 8,882,610 | 5,226,916 | 56,596 | 51,690 | 770,189 | 911,501 | 514,218 | 453,058 | 2,526,215 | 4,323,955 | 44,799 | 47,366 | (511,468) | (373,401) | 12,283,159 | 10,641,085 |
Share of profit of equity accounted investees | 3,664,776 | 2,664,448 | ||||||||||||||
Operating profit before taxes on financial services | 15,947,935 | 13,305,533 | ||||||||||||||
Taxes on financial services | (2,075,596) | (1,879,274) | ||||||||||||||
Profit before tax | 13,872,339 | 11,426,259 | ||||||||||||||
Income tax expense | (3,654,104) | (3,239,319) | ||||||||||||||
Profit for the period | 10,218,235 | 8,186,940 | ||||||||||||||
Non-controlling interest | 294,260 | 344,665 | ||||||||||||||
Profit attributable to equity holders of the parent | 9,923,975 | 7,842,275 | ||||||||||||||
As at | As at | As at | As at | As at | As at | As at | As at | As at | As at | As at | As at | As at | As at | As at | As at | |
31.03.2025 | 31.03.2024 | 31.03.2025 | 31.03.2024 | 31.03.2025 | 31.03.2024 | 31.03.2025 | 31.03.2024 | 31.03.2025 | 31.03.2024 | 31.03.2025 | 31.03.2024 | 31.03.2025 | 31.03.2024 | 31.03.2025 | 31.03.2024 | |
Segment assets | 79,238,354 | 61,907,882 | 734,953 | 697,438 | 5,177,572 | 4,807,848 | 6,527,719 | 4,281,966 | 28,911,075 | 40,377,840 | 1,010,672 | 1,000,543 | (10,862,151) | (7,097,242) | 110,738,194 | 105,976,275 |
Investments in equity accounted investees | 18,297,316 | 14,532,496 | ||||||||||||||
Unallocated assets | 1,117,577 | 1,025,342 | ||||||||||||||
Total assets | 79,238,354 | 61,907,882 | 734,953 | 697,438 | 5,177,572 | 4,807,848 | 6,527,719 | 4,281,966 | 28,911,075 | 40,377,840 | 1,010,672 | 1,000,543 | (10,862,151) | (7,097,242) | 130,153,087 | 121,534,113 |
Segment liabilities Unallocated liabilities | 32,344,653 | 29,726,015 | 157,095 | 157,374 | 720,978 | 755,718 | 589,917 | 386,374 | 13,172,987 | 16,609,759 | 463,777 | 467,689 | (1,284,370) | (973,546) | 46,165,037 4,262,981 | 47,129,384 4,058,928 |
Total liabilities | 32,344,653 | 29,726,015 | 157,095 | 157,374 | 720,978 | 755,718 | 589,917 | 386,374 | 13,172,987 | 16,609,759 | 463,777 | 467,689 | (1,284,370) | (973,546) | 50,428,018 | 51,188,312 |
For the year ended 31st March | 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | 2025 | 2024 |
Additions to non-current assets | 1,829,565 | 445,760 | 413 | 102 | 71,682 | 94,024 | 3,770 | 281 | - | - | - | - | - | - | 1,905,430 | 540,167 |
Additions to intangible assets | 51,418 | 35,119 | - | - | 508 | 4,062 | - | - | - | - | - | - | 51,926 | 39,181 | ||
Additions to right of use assets | 504,103 | 174,221 | - | - | - | - | 4,365 | 44,556 | - | - | - | - | (244,280) | (44,556) | 264,188 | 174,221 |
- | - | |||||||||||||||
Cash flows from operating activities | (14,083,604) | (450,941) | 29,006 | 17,823 | (63,458) | 779,969 | 221,129 | 257,087 | 16,893,863 | 1,649,287 | 38,547 | 31,530 | (33,619) | (203,742) | 3,001,864 | 2,081,013 |
Cash flows from investing activities | (1,746,255) | (357,171) | (5,471) | (15,429) | 268,376 | (1,057,076) | (176,294) | (202,968) | 119,152 | 230,726 | (7,774) | 22,601 | (165,736) | 51,682 | (1,714,002) | (1,327,635) |
Cash flows from financing activities | (1,135,493) | (1,066,815) | (1,633) | (435) | (158,751) | (98,325) | (55,454) | (24,951) | (50) | (10,195) | (30,589) | (30,450) | 199,355 | 152,060 | (1,182,615) | (1,079,111) |
The Group function in one geographic location. Accordingly, geographic information is not presented in the financial statements.
PUBLIC#
NAME OF COMPANY |
Central Finance Company PLC |
BANKERS |
Bank of Ceylon |
Commercial Bank of Ceylon PLC |
Hatton National Bank PLC |
NDB Bank PLC |
Nations Trust Bank PLC |
People's Bank |
Sampath Bank PLC |
Seylan Bank PLC |
DFCC Bank PLC |
State Bank of India |
LEGAL FORM |
A Quoted Public Company with limited liability incorporated in Sri Lanka |
on 5th December 1957 and registered under the Companies Act No.07 |
of 2007. |
Registered under Finance Business Act No.42 of 2011 and Finance Leasing |
Act No.56 of 2000. |
Approved Credit Agency under: |
|
|
COMPANY REGISTRATION NUMBER |
PQ 67 |
AUDITOR |
KPMG, |
Chartered Accountants, |
32 A, Sir Mohamed Macan Markar Mawatha, |
Colombo 03. |
CREDIT RATING |
Rated A (lka) by Fitch Ratings Lanka Ltd. |
DIRECTORS |
A.R. Fernando |
A.K. Gunaratne |
D.P. de Silva |
Dr.(Mrs).A.D.N. de Zoysa |
C.K. Hettiarachchi |
K.B. Herath |
M.H.de Silva |
E.H. Wijenaike |
M.S.De Saram |
Ms. S.H.Munasinghe |
LEGAL ADVISER |
F.J. & G. de Saram, |
Attorneys-at-Law, |
P.O. Box 212, |
Colombo. |
- Non - executive Chairman |
- Managing Director/Chief Executive Officer |
- Deputy Managing Director |
- Independent Non-executive Director |
- Director (Marketing) |
- Independent Non - executive Director |
-Senior Independent Non-executive Director |
- Non - executive Director |
- Independent Non - executive Director |
- Independent Non - executive Director |
STOCK EXCHANGE LISTING |
The ordinary shares of the Company are listed on the Colombo Stock Exchange. |
REGISTRARS |
Corporate Services (Pvt) Limited, |
216, de Saram Place, |
Colombo10. |
Telephone : 011 - 4605100 |
HEAD / REGISTERED OFFICE | |
84, Raja Veediya, Kandy. | |
Telephone | : 081 - 2227000 |
CITY OFFICE | |
270, Vauxhall Street, Colombo 2. | |
Telephone | : 011 - 2300555 |
: cenfin@cf.lk | |
Website | : https://www.centralfinance.lk |
COMPANY SECRETARY |
Ms.A.A.R.L Gurusinghe |
270,Vauxhall Street,Colombo 02 |
Telephone : 011 - 2315065 |
Akuressa, Alawwa, Aluthgama, Ambalangoda, Ampara, Anuradhapura, Aralaganwila, Athurugiriya, Avissawella, Badulla, Bakamuna, Balangoda, Bandaragama, Bandarawela, Batticaloa, Chilaw, Dambulla, Dehiattakandiya, Digana, Divulapitiya,Eheliyagoda, Elpitiya, Embilipitiya, Galewela, Galle, Gampaha, Gampola, Giriulla, Godakawela, Hambantota, Hanwella, Hatton, Hettipola, Hingurakgoda, Hiripitiya, Homagama, Horana, Ja-Ela, Jaffna, Kadawatha,Kaduwela, Kalmunai, Kalutara, Kantale, Katugastota, Kegalle, Kekirawa, Killinochchi, Kiribathgoda, Kirindiwela, Kuliyapitiya, Kurunegala, Maharagama, Mahiyanganaya, Maho, Malabe, Mannar, Maradana, Matale, Matara, Matugama, Mawanella, Mawathagama, Melsiripura, Minuwangoda, Mirigama, Monaragala, Narammala,Natttandiya, Nawalapitiya, Negombo, Nikaweratiya, Nittambuwa, Nochchiyagama, Nugegoda, Nuwaraeliya,Padukka, Panadura, Pilimathalawa, Piliyandala, Polonnaruwa, Pottuvil, Puttalam, Ragama, Rajagiriya, Rambukkana, Ratmalana, Ratnapura, Rikillagaskada, Talawathugoda, Tambuttegama, Tissamaharama, Trincomalee, Vavuniya,Walasmulla,Warakapola,Wariyapola, Wattala, Welimada, Wellawaya, Wennappuwa.