HAYLEYS LEISURE PLC
Interim Financial Statements
For the Period Ended
31st December 2024
.
HAYLEYS LEISURE PLC
PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2024
STATEMENT OF FINANCIAL POSITION
GROUP | COMPANY | GROUP | COMPANY | |||||||
Audited | Audited | |||||||||
Year ended | Year ended | Un Audited | Un Audited | Un Audited | Un Audited | |||||
31-03-2024 | 31-03-2024 | 31-12-2024 | 31-12-2023 | 31-12-2024 | 31-12-2023 | |||||
Rs' 000 | Rs' 000 | Rs' 000 | Rs' 000 | Rs' 000 | Rs' 000 | |||||
ASSETS | ||||||||||
NON-CURRENT ASSETS | ||||||||||
4,511,580 | 25,603 | Property, Plant & Equipment | 4,460,247 | 4,401,207 | 21,065 | 22,456 | ||||
27,398 | - | Right of Use Assets | 19,841 | 34,634 | - | - | ||||
- | 1,237,519 | Investments in Subsidiaries | - | - | 1,237,519 | 1,237,519 | ||||
265,877 | 265,877 | Other Non-Current Financial Assets | - | 265,877 | - | 265,877 | ||||
4,804,855 | 1,528,999 | 4,480,088 | 4,701,718 | 1,258,584 | 1,525,852 | |||||
CURRENT ASSETS | ||||||||||
99,496 | - | Inventories | 93,859 | 99,674 | - | - | ||||
706,458 | 1,044,609 | Trade and Other Receivables | 1,013,676 | 557,131 | 1,768,577 | 936,825 | ||||
62,326 | 1,415 | Advance and Prepayment | 104,009 | 61,658 | 4,288 | 1,977 | ||||
2,082 | 2,082 | Other Current Financial Assets | 2,942 | 1,676 | 2,942 | 1,676 | ||||
4,245 | 2 | Tax Recoverable | 4,142 | 4,427 | - | 266 | ||||
2,466 | 2,466 | Short Term Deposits | 2,649 | 2,385 | 2,649 | 2,385 | ||||
133,181 | 12,129 | Cash & Cash Equivalents | 89,208 | 153,327 | 6,775 | 4,827 | ||||
1,010,254 | 1,062,703 | 1,310,485 | 880,278 | 1,785,231 | 947,956 | |||||
5,815,109 | 2,591,702 | TOTAL ASSETS | 5,790,573 | 5,581,996 | 3,043,815 | 2,473,808 | ||||
EQUITY AND LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
909,371 | 909,371 | Stated Capital | 909,371 | 909,371 | 909,371 | 909,371 | ||||
469,694 | - | Revaluation Reserves | 469,694 | 376,989 | - | - | ||||
(34,613) | 132,377 | Retained Earnings | (2,794) | (168,637) | 119,404 | 129,023 | ||||
1,344,452 | 1,041,748 | 1,376,271 | 1,117,723 | 1,028,775 | 1,038,394 | |||||
(169,778) | - | Non-Controlling Interest | (168,081) | (165,818) | - | - | ||||
1,174,674 | 1,041,748 | Total Equity | 1,208,190 | 951,905 | 1,028,775 | 1,038,394 | ||||
NON-CURRENT LIABILITIES | ||||||||||
1,539,920 | - | Interest Bearing Borrowings | 1,154,059 | 1,547,866 | - | - | ||||
255,783 | - | Deferred Tax Liabilities | 328,070 | 309,463 | - | - | ||||
62,580 | 7,209 | Retirement Benefit Obligations | 69,870 | 44,507 | 8,332 | 4,947 | ||||
1,858,283 | 7,209 | 1,551,999 | 1,901,836 | 8,332 | 4,947 | |||||
CURRENT LIABILITIES | ||||||||||
504,739 | - | Interest Bearing Borrowings | 460,229 | 618,065 | - | 3,570 | ||||
1,628,737 | 1,213,222 | Trade and Other Payables | 1,660,853 | 1,584,189 | 1,644,109 | 1,112,852 | ||||
117,919 | 35,226 | Other Current Non-Financial Liabilities | 237,036 | 118,397 | 64,741 | 30,970 | ||||
530,757 | 294,297 | Bank Overdraft | 672,266 | 407,604 | 297,858 | 283,075 | ||||
2,782,152 | 1,542,745 | 3,030,384 | 2,728,255 | 2,006,708 | 1,430,467 | |||||
5,815,109 | 2,591,702 | TOTAL EQUITY AND LIABILITIES | 5,790,573 | 5,581,996 | 3,043,815 | 2,473,808 | ||||
Net Assets Value per Share (Rs.) | ||||||||||
12.45 | 9.65 | 12.74 | 10.35 | 9.53 | 9.62 |
I certify that these Financial Statements are in compliance with the requirements of the Companies Act No. 7 of 2007.
Sgd.
Ravindra Dissanayake
Head of Finance
The Board of Directors is responsible for the preparation and presentation of these Financial Statements.
Sgd. | Sgd. |
A.M. Pandithage | R. J. Karunarajah |
Chairman | Managing Director |
23 January 2025 | |
Colombo |
HAYLEYS LEISURE PLC
PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2024
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND COMPREHENSIVE INCOME
Quarter ended | Period ended | ||||||||
Audited | 31st December | 31st December | |||||||
Year ended | Un Audited | Un Audited | Un Audited | Un Audited | |||||
31-03-2024 | 2024 | 2023 | Change | 2024 | 2023 | Change | |||
Rs' 000 | Rs '000 | Rs '000 | % | Rs '000 | Rs '000 | % | |||
2,877,808 | Revenue From Contract With Customers | 786,317 | 656,942 | 20 | 2,405,302 | 2,049,789 | 17 | ||
(1,118,549) | Cost of Sales | (314,342) | (264,250) | 19 | (922,044) | (803,408) | 15 | ||
1,759,259 | GROSS PROFIT | 471,975 | 392,692 | 20 | 1,483,258 | 1,246,381 | 19 | ||
49,541 | Other Income | 39,636 | 12,941 | >100 | 72,838 | 37,547 | 94 | ||
(68,963) | Selling and Marketing Expenses | (15,888) | (15,846) | 0 | (48,388) | (50,915) | (5) | ||
(1,595,764) | Administrative Expenses | (424,674) | (404,565) | 5 | (1,236,904) | (1,156,988) | 7 | ||
- | |||||||||
(385,348) | Finance Cost | (75,297) | (95,210) | (21) | (199,833) | (310,044) | (36) | ||
86,767 | Finance Income | 26,337 | 5,921 | >100 | 34,066 | 35,675 | (5) | ||
(154,508) | PROFIT/ (LOSS) BEFORE TAX | 22,089 | (104,067) | >100 | 105,037 | (198,344) | >100 | ||
8,521 | Tax Expenses | (31,154) | (39,628) | (21) | (72,287) | (83,728) | (14) | ||
(145,987) | PROFIT/ (LOSS) AFTER TAX | (9,065) | (143,695) | (94) | 32,750 | (282,072) | >100 | ||
OTHER COMPREHENSIVE INCOME/(EXPENSE) | |||||||||
(8,602) | Actuarial Loss on defined benefit plan | - | - | - | - | ||||
2,581 | Deferred Tax impact on Actuarial Loss | - | - | - | - | ||||
132,436 | Deffered tax impact on revaluation of land | - | - | - | - | ||||
(39,731) | Effect of Income Tax Rate change of Revaluation Reserve | - | - | - | - | ||||
86,684 | Other Comprehensive Income/(Expense) for the period, Net of Tax | - | - | - | - | - | - | ||
(59,304) | Total Comprehensive Income/(Expense) for the period, Net of Tax | (9,065) | (143,695) | (94) | 32,750 | (282,072) | >100 | ||
Profit/ (Loss) for the Period Attributable to: | |||||||||
(112,626) | Equity holders of the Parent | (167) | (123,587) | (100) | 31,053 | (252,374) | >100 | ||
(33,361) | Non-Controlling Interest | (8,898) | (20,108) | (56) | 1,697 | (29,698) | >100 | ||
(145,987) | (9,065) | (143,695) | (94) | 32,750 | (282,072) | >100 | |||
Total Comprehensive income/(expense) Attributable to: | |||||||||
(25,645) | Equity holders of the Parent | (167) | (123,587) | (100) | 31,053 | (252,374) | >100 | ||
- | |||||||||
(33,658) | Non-Controlling Interest | (8,898) | (20,108) | (56) | 1,697 | (29,698) | >100 | ||
- | |||||||||
(59,303) | (9,065) | (143,695) | (94) | 32,750 | (282,072) | >100 | |||
(1.04) | Profit/ (Loss) per Share (Rs.) | (0.00) | (1.14) | 0.29 | (2.34) |
HAYLEYS LEISURE PLC
PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2024
COMPANY STATEMENT OF PROFIT OR LOSS AND COMPREHENSIVE INCOME
Quarter ended | Period ended | ||||||||
Audited | 31st December | 31st December | |||||||
Year ended | Un Audited | Un Audited | Un Audited | Un Audited | |||||
31.03.2024 | 2024 | 2023 | Change | 2024 | 2023 | Change | |||
Rs' 000 | Rs '000 | Rs '000 | % | Rs '000 | Rs '000 | % | |||
440,804 | Revenue From Contract With Customers | 115,878 | 115,936 | (0) | 324,879 | 303,853 | 7 | ||
- | Cost of Sales | - | - | - | - | ||||
440,804 | GROSS PROFIT | 115,878 | 115,936 | (0) | 324,879 | 303,853 | 7 | ||
481 | Other Income | 31,758 | 120 | >100 | 31,998 | 360 | >100 | ||
(442) | Selling and Marketing Expenses | - | (95) | (100) | (41) | (142) | (71) | ||
(432,758) | Administrative Expenses | (128,506) | (106,850) | 20 | (350,888) | (305,005) | 15 | ||
(56,020) | Finance Cost | (7,853) | (14,744) | (47) | (24,601) | (46,939) | (48) | ||
25,203 | Finance Income | 1,206 | 6,439 | (81) | 4,915 | 19,121 | (74) | ||
(22,732) | PROFIT/ (LOSS) BEFORE TAX | 12,483 | 806 | >100 | (13,738) | (28,752) | (52) | ||
- | Tax Expenses | - | - | - | - | - | - | ||
(22,732) | PROFIT/ (LOSS) AFTER TAX | 12,483 | 806 | >100 | (13,738) | (28,752) | (52) | ||
OTHER COMPREHENSIVE INCOME/(EXPENSE) | |||||||||
(2,666) | Actuarial Gain/(loss) on defined benefit plan | - | - | - | - | ||||
(2,666) | Other Comprehensive Income/(Expense) for the period, Net of Tax | - | - | - | - | - | - | ||
(25,398) | Total Comprehensive Expense for the period, Net of Tax | 12,483 | 806 | (>100) | (13,738) | (28,752) | (>100) | ||
(0.21) | Profit/(Loss) per Share (Rs.) | 0.12 | 0.01 | (0.13) | (0.27) |
HAYLEYS LEISURE PLC
PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2024
STATEMENT OF CHANGES IN EQUITY
CONSOLIDATED | |||||||||||
Stated | Revaluation | Retained | Total | Non-Controlling | Total | ||||||
Capital | Reserve | Earnings | Interest | Equity | |||||||
Rs.'000 | Rs.'000 | Rs.'000 | Rs.'000 | Rs.'000 | Rs.'000 | ||||||
Balance as of 01 Apr 2023 | 909,371 | 376,989 | 83,737 | 1,370,097 | (136,120) | 1,233,977 | |||||
Profit/ (Loss) for the Period | - | - | (252,374) | (252,374) | (29,698) | (282,072) | |||||
Balance as of 31 Dec 2023 | |||||||||||
909,371 | 376,989 | (168,637) | 1,117,723 | (165,818) | 951,905 | ||||||
Balance as of 01 Apr 2024 | |||||||||||
909,371 | 469,694 | (34,613) | 1,344,452 | (169,778) | 1,174,674 | ||||||
Profit/ (Loss) for the Period | - | - | 31,053 | 31,053 | 1,697 | 32,750 | |||||
Unclaimed Dividend Written-back | - | - | 765 | 765 | - | 765 | |||||
Balance as of 31 Dec 2024 | |||||||||||
909,371 | 469,694 | (2,795) | 1,376,270 | (168,081) | 1,208,189 | ||||||
COMPANY | |||||||||||
Stated | Revaluation | Retained | Total | ||||||||
Capital | Reserve | Earnings | |||||||||
Rs.'000 | Rs.'000 | Rs.'000 | Rs.'000 | ||||||||
Balance as of 01 Apr 2023 | 909,371 | - | 157,775 | 1,067,146 | |||||||
Profit/ (Loss) for the Period | - | - | (28,752) | (28,752) | |||||||
Balance as of 31 Dec 2023 | |||||||||||
909,371 | - | 129,023 | 1,038,394 | ||||||||
Balance as of 01 Apr 2024 | |||||||||||
909,371 | - | 132,377 | 1,041,748 | ||||||||
Profit/ (Loss) for the Period | - | - | (13,738) | (13,738) | |||||||
Unclaimed Dividend Written-back | - | - | 765 | 765 | |||||||
Balance as of 31 Dec 2024 | |||||||||||
909,371 | - | 119,404 | 1,028,775 | ||||||||
HAYLEYS LEISURE PLC
PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2024
CASH FLOW STATEMENT
GROUP | COMPANY | GROUP | COMPANY | |||||||
Audited | Audited | Un Audited | Un Audited | Un Audited | Un Audited | |||||
Year ended | Year ended | 2024 | 2023 | 2024 | 2023 | |||||
31-03-2024 | 31-03-2024 | Rs.'000 | Rs.'000 | Rs.'000 | Rs.'000 | |||||
Rs' 000 | Rs' 000 | |||||||||
Cash Flows From / (Used in) Operating Activities | ||||||||||
(154,508) | (22,732) | Profit/ (Loss) before Tax | 105,037 | (198,344) | (13,738) | (28,752) | ||||
Adjustments for | ||||||||||
193,605 | 11,550 | Depreciation | 142,112 | 148,093 | 6,122 | 8,482 | ||||
4,902 | - | Amortization of right to use Assets | 7,557 | (2,335) | - | - | ||||
(91) | (91) | Provision / (Reversal) of fall in value of investment | (860) | 314 | (860) | 314 | ||||
(4,626) | - | Disposal of Property, Plant and Equipment | 841 | (4,626) | - | - | ||||
19,461 | - | Derecognition of Asset | - | 15,939 | - | - | ||||
4,284 | - | Impairment of trade and other receivables | (2,856) | 4,072 | - | - | ||||
(3,340) | - | Creditors/ Advances received written back | (10,875) | (2,027) | - | - | ||||
(1) | (1) | Dividend Income | - | - | - | - | ||||
(86,676) | (25,020) | Finance Income | (33,206) | (20,904) | (4,055) | (19,121) | ||||
385,348 | 56,020 | Finance Cost | 199,833 | 303,974 | 24,601 | 45,598 | ||||
47,960 | (1,379) | Net Effect on Exchange Gain/(loss) | 6,527 | (9,014) | 1,500 | 1,026 | ||||
18,703 | 2,278 | Provision for Defined Benefit Obligation | 11,846 | 7,337 | 1,708 | 1,062 | ||||
(56,968) | - | Effect of Exchange rate changes on Bank Loans | (9,549) | (11,463) | - | - | ||||
368,053 | 20,625 | Operating Profit/(Loss) before Working Capital Changes | 416,407 | 231,016 | 15,278 | 8,609 | ||||
17,427 | - | (Increase)/ Decrease in Inventories | 5,637 | 17,250 | - | - | ||||
(327,435) | (488,682) | (Increase)/ Decrease in Trade and Other Receivables | (39,345) | (199,391) | (458,949) | (385,188) | ||||
14,163 | 584 | (Increase)/Decrease in Advance and Prepayment | (41,683) | 14,831 | (2,873) | 22 | ||||
664,515 | 571,765 | Increase /(Decrease) in Trade and Other Payables | 43,779 | 625,479 | 431,654 | 471,394 | ||||
(30,167) | (15,800) | Increase/(Decrease) in Other Current Non-Financial Liabilities | 119,117 | (29,689) | 29,514 | (20,056) | ||||
706,557 | 88,492 | Cash Generated from Operations | 503,911 | 659,496 | 14,624 | 74,781 | ||||
(374,333) | (54,642) | Finance Cost paid | (176,219) | (283,048) | (23,430) | (45,598) | ||||
(8,426) | (1,848) | Defined Benefit Obligation paid | (4,556) | (6,532) | (585) | (228) | ||||
323,798 | 32,002 | Net Cash flows From/(used in) Operating Activities | 323,029 | 369,917 | (9,391) | 28,955 | ||||
Cash Flows from / (Used in) Investing Activities | ||||||||||
(143,829) | (11,004) | Acquisition of Property, Plant & Equipment | (91,430) | (105,888) | (1,584) | (4,788) | ||||
1 | 1 | Dividend Received | - | - | - | - | ||||
5,801 | 3,212 | Finance Income Received | 3,924 | 2,093 | 2,243 | 310 | ||||
5,556 | - | Proceeds from Disposal of Property, Plant and Equipment | - | - | - | - | ||||
(132,471) | (7,791) | Net Cash Flows from/(Used in) Investing Activities | (87,506) | (103,795) | 659 | (4,478) | ||||
Cash Flows from (Used in) Financing Activities | ||||||||||
117,113 | - | Proceed from loans | - | 126,701 | - | - | ||||
(298,936) | (19,643) | Repayment of loans | (409,040) | (240,777) | - | (16,071) | ||||
(11,438) | - | Principal Payment under Finance Lease Liabilities | (11,783) | (10,762) | - | - | ||||
(193,261) | (19,643) | Net Cash Flows Used in Financing Activities | (420,823) | (124,838) | - | (16,071) | ||||
(1,934) | 4,568 | Net Increase/(Decrease) in Cash and Cash Equivalents | (185,299) | 141,284 | (8,732) | 8,406 | ||||
(393,176) | (284,270) | Cash and Cash Equivalents at the beginning of the year | (395,110) | (393,176) | (279,702) | (284,269) | ||||
(395,110) | (279,702) | Cash and Cash Equivalents at the end of the Period | (580,409) | (251,892) | (288,434) | (275,863) | ||||
For the purpose of the cash flow statement, the Period end cash and cash equivalents comprise of the following:
2,4662,466
133,18112,129
(530,757) (294,297)
(395,110) (279,702)
Bank Deposits | 2,649 | 2,385 | 2,649 | 2,385 | |||
Cash at Bank & In Hand | 89,208 | 153,327 | 6,775 | 4,827 | |||
Bank Overdraft | (672,266) | (407,604) | (297,858) | (283,075) | |||
(580,409) | (251,892) | (288,434) | (275,863) | ||||
HAYLEYS LEISURE PLC
SHARE INFORMATION
1. Share Trading Information for the quarter ended 31 December; | |||||
2024 | 2023 | ||||
Rs. | Rs. | ||||
Highest Price | 35.00 | 26 Dec 2024 | 26.40 | 02 Oct 2023 | |
Lowest Price | 19.70 | 24 Dec 2024 | 20.00 | 16 Nov 2023 | |
Last Traded Price | 33.10 | 31 Dec 2024 | 21.00 | 29 Dec 2023 | |
No: of Transactions | 5,904 | 1,067 | |||
No: of Shares Traded | 16,921,339 | 2,220,288 | |||
Value of Shares Traded (Rs:) | 484,460,451 | 46,385,786 | |||
2. Top Twenty Shareholders | |||||
Name of Shareholder | Number of Shares | % of issued | |||
as at 31 Dec 2024 | capital | ||||
1 | Hayleys Plc | 46,690,587 | 43.24 | ||
2 | Dean Foster (Private) Limited | 23,049,088 | 21.34 | ||
3 | Employee'S Provident Fund | 10,388,284 | 9.62 | ||
4 | Mr. Sujeewa Indika Ranasinghe | 2,397,391 | 2.22 | ||
5 | Mercantile Investments And Finance Plc | 1,933,440 | 1.79 | ||
6 | Toyo Cushion Lanka (Private) Limited | 1,835,420 | 1.70 | ||
7 | Volanka Exports Limited | 1,445,358 | 1.34 | ||
8 | Associated Electrical Corporation Ltd | 1,434,942 | 1.33 | ||
9 | Mr. Kulappuarachchige Don Dammika Perera | 1,006,422 | 0.93 | ||
10 | J.B. Cocoshell (Pvt) Limited | 857,076 | 0.79 | ||
11 | Bank Of Ceylon No. 1 Account | 686,139 | 0.64 | ||
12 | People'S Leasing & Finance Plc/L.P.Hapangama | 683,631 | 0.63 | ||
13 | People'S Leasing & Finance Plc/C.D.Kohobanwickramage | 636,237 | 0.59 | ||
14 | Deutsche Bank Ag - National Equity Fund | 452,211 | 0.42 | ||
15 | Dfcc Bank Plc/Maskeliya Tea Exports (Pvt) Ltd | 328,403 | 0.30 | ||
16 | Citizens Development Business Finance Plc/S Vasudevan | 325,000 | 0.30 | ||
17 | Mr. Derek Joseph De Silva Wijeyeratne | 320,088 | 0.30 | ||
18 | Mr. P. Rajaratnam | 319,500 | 0.30 | ||
19 | Mr. H A M P Algama | 314,504 | 0.29 | ||
20 | Commercial Bank Of Ceylon Plc/E W B W Equities (Private) Limited | 300,000 | 0.28 | ||
Sub Total | 95,403,721 | 88.34 | |||
Others | 12,586,237 | 11.66 | |||
Total | 107,989,958 | 100.00 | |||
Percentage of Public Holding | 31.45% | ||||
Total No. of Shareholders Represent in Public Holding | 2,433 | ||||
Float Adjusted Market Capitalization as at 31 Dec 2024 | 1,120,781,739 |
The Company complies with option 5 of the Listing Rules 7.13.1 (i) (a) - 20% minimum Public Holding is required if the Company has less than Rs. 2.5 Bn. Float Adjusted Market Capitalization.
3. Directors' shareholding
Name of Director | No. of shares |
as at 31 Dec 2024 | |
Mr.A.M.Pandithage | Nil |
Mr. R.J. Karunarajah | Nil |
Ms.R.N.Ponnambalam | Nil |
Ms.W.D.De Costa | Nil |
Mr. S. C. Ganegoda | Nil |
Mr. D. T. R. De Silva | Nil |
Ms. D.B. Perera | Nil |
Ms. A.A.K. Amarasinghe | Nil |
Ms. H.D.K. Randiligama (Appointed With Effect From 31.12.2024) | Nil |
Ms. A.I.Wanigasekera (Resigned With Effect From 31.12.2024) | Nil |
Total | - |
HAYLEYS LEISURE PLC
NOTES TO FINANCIAL STATEMENTS
1 The Interim Consolidated Financial Statements are unaudited and have been prepared in compliance with Sri Lanka Accounting Standard LKAS 34-Interim Financial Reporting. These Interim Financial Statements should be read in conjunction with the Annual Financial Statements for the year ended 31st March 2024.
2
3
4
5
6
The accounting policies have been consistently applied by the Group and are consistent with those used in the previous year. The presentation and classification of the financial statements of the previous periods have been amended where relevant to be comparable with those of the current year.
The Statement of Financial Position of the Company as at 31st December 2024 and The Statement of Profit or Loss for the nine months ended are drawn up from the unaudited accounts of the Company and provides information required as per rule 8 of the Colombo Stock Exchange.
No circumstances have arisen since the Statement of Financial Position date, which would require adjustments to the Interim Financial statements.
We confirm that there are no material contingent liabilities or contingent assets which require disclosure in the Interim Financial Statements for the period of ended 31st December 2024.
The Stated Capital as at 31st December 2024 is Rs.909,370,708/- (31st December 2023 - Rs. 909,370,708/-) comprising 107,989,958 fully paid Ordinary shares (31st December 2023 - 107,989,958).
HAYLEYS LEISURE PLC | ||
CORPORATE INFORMATION | ||
NAME OF COMPANY | Hayleys Leisure PLC | |
COMPANY REGISTRATION NO | PQ 145 | |
LEGAL FORM | Public Quoted Company with limited liability originally incorporated in Sri Lanka as a Private Company | |
and later converted to a Public Company. | ||
REGISTERED OFFICE | Level 27, East Tower , World Trade Center | |
Echelon Square, Colombo - 01 | ||
Telephone 011 - 4767800 | ||
Website | www.amayaresorts.com | |
BOARD OF DIRECTORS | Mr. A. M. Pandithage (Chairman) | |
Mr. R. J. Karunarajah (Managing Director) | ||
Ms.W.D.De Costa | ||
Mr. S. C. Ganegoda | ||
Mr. D. T. R. De Silva | ||
Ms. D.B. Perera | ||
Ms. A.A.K. Amarasinghe | ||
Ms. H.D.K. Randiligama (Appointed With Effect From 31.12.2024) | ||
Ms. A.I.Wanigasekera (Resigned With Effect From 31.12.2024) | ||
AUDIT COMMITTEE | Mr. D. T. R De Silva (Chairman) | |
Ms. W. D. De Costa | ||
Ms. H.D.K. Randiligama | ||
REMUNERATION COMMITTEE | Mr. D. T. R De Silva (Chairman) | |
Mr. S. C. Ganegoda | ||
Ms. H.D.K. Randiligama | ||
NOMINATIONS AND | Mr. D. T. R De Silva (Chairman) | |
GOVERNANCE COMMITTEE | Mr. S. C. Ganegoda | |
Ms. H.D.K. Randiligama | ||
RELATED PARTY TRANSACTIONS | Mr. D. T. R De Silva (Chairman) | |
REVIEW COMMITTEE | Mr. S. C. Ganegoda | |
Ms. H.D.K. Randiligama | ||
SUBSIDIARY COMPANIES | ||
UNQUOTED | Culture Club Resorts (Private) Limited. | |
Kandyan Resorts (Private) Limited. | ||
Sun Tan Beach Resorts Limited. | ||
Hayleys Holidays (Private) Limited. | ||
CDC Convention (Private) Limited. | ||
Hayleys Hotel Management Services (Private) Limited. | ||
SECRETARIES | Hayleys Group Services (Private) Limited | |
No. 400, Deans Road Colombo 10, Sri Lanka | ||
AUDITORS | Ernst & Young | |
Chartered Accountants | ||
No. 201, De Saram Place, Colombo 10, Sri Lanka | ||
Colombo - 10. | ||
BANKERS | Hatton National Bank PLC | |
Commercial | Bank of Ceylon PLC | |
Pan Asia Bank PLC | ||
Nations Trust Bank PLC | ||
DFCC Bank PLC | ||
Seylan Bank PLC | ||
Bank of Ceylon | ||
Sampath Bank PLC | ||
INVESTOR RELATIONS | Please contact Sector Head of Finance : Mr. R. Dissanayake | |
+94 77 108 7703 |
ravindra.d@hayleysleisure.com