Interim Financial Statements as at 30.09.2025

INTERIM FINANCIAL STATEMENTS FOR THE

SIX MONTHS ENDED 30TH SEPTEMBER 2025

Interim Financial Statements for the Six Months Ended 30th September 2025

STATEMENT OF FINANCIAL POSITION

As at

30-September-2025

Rs.'000

30-September-2024

31-March-2025

(Audited)

Rs.'000

Rs.'000

ASSETS

Cash and Cash Equivalents

3,256,442

645,540

1,830,534

Placement with Banks

282,147

264,277

2,776,950

Financial Assets at Amortised Cost-Hire Purchase Receivables

-

-

-

Financial Assets at Amortised Cost-Finance Lease Receivables

18,551,806

14,249,837

17,209,189

Financial Assets at Amortised Cost-Loans and Advances

45,151,972

22,901,119

30,407,087

Financial Assets Measured at Fair Value Through Other Comprehensive Income (FVOCI)

2,185

2,185

2,185

Financial Assets at Amortised Cost-Debt and Other Financial Instruments

4,959,877

2,081,205

2,812,655

Due from Related Companies

61,276

-

24,670

Other Assets

385,897

343,017

374,684

Deferred Tax Assets

233,727

195,932

246,454

Intangible Assets

88,048

82,299

83,215

Property, Plant & Equipment

779,834

674,778

710,857

Right of Use Assets

691,560

662,638

638,109

Total Assets

74,444,771

42,102,827

57,116,589

LIABILITIES AND EQUITY

Liabilities

Bank Overdraft

1,423,953

396,530

905,920

Financial Liabilities at Amortised Cost-Due to Customers

31,643,536

23,918,553

28,314,140

Financial Liabilities at Amortised Cost-Interest Bearing Loans & Borrowings

29,591,896

10,162,152

19,508,212

Lease Liabilities

824,494

813,454

789,620

Other Liabilities

3,648,749

838,280

921,643

VAT Payable

3,773

9,518

14,318

Due to Related Companies

8,802

45,334

16,892

Current Tax Liabilities

341,164

236,490

402,815

Retirement Benefit Obligations

151,025

167,928

138,959

Total Liabilities

67,637,392

36,588,239

51,012,519

Equity

Stated Capital

1,996,444

1,996,444

1,996,444

Statutory Reserves

505,756

335,411

505,756

Fair Value Reserve of Financial Assets at FVOCI

2,144

2,144

2,144

Retained Earnings

4,303,035

3,180,589

3,599,726

Total Equity

6,807,379

5,514,588

6,104,070

Total Liabilities & Equity

74,444,771

42,102,827

57,116,589

(Sgd.)

Chandana Nanayakkara

Chief Financial Officer

The Board of Directors is responsible for the preparation and presentation of these Financial Statements.

Signed for and on behalf of the Board by,

(Sgd.)

A.Perera

Chairman

(Sgd.)

Thushan Amarasuriya

Director/Chief Executive Officer

Colombo

28th October 2025

For the Quarter Ended 30th September

2025

Rs.'000

2024

Rs.'000

Variance Rs.'000

%

Gross Income

3,534,017

2,330,233

1,203,784

52%

Interest Income

3,220,448

2,149,628

1,070,820

50%

Less: Interest Expense

1,501,880

961,290

(540,590)

(56%)

Net Interest Income

1,718,568

1,188,338

530,230

45%

Net Fee and Commission Income

291,530

154,960

136,570

88%

Trading Income

160

376

(216)

(57%)

Other Operating Income

21,879

25,269

(3,390)

(13%)

Total Operating Income

2,032,137

1,368,943

663,194

48%

Less: Impairment Charges/(Reversal) for Loans & Receivables

62,205

48,556

(13,649)

(28%)

Net Operating Income

1,969,932

1,320,387

649,545

49%

Less:- Expenses

Personnel Cost

438,917

322,622

(116,295)

(36%)

Administration & Selling Expenses

616,678

507,713

(108,965)

(21%)

Operating Profit Before Tax on Financial Services

914,337

490,052

424,285

87%

Less: VAT on Financial Services

214,162

124,135

(90,027)

(73%)

SSCL on Financial Services

29,842

17,241

(12,601)

(73%)

Profit Before Income Tax

670,333

348,676

321,657

92%

Less: Income Tax Expense

269,531

142,647

(126,884)

(89%)

Profit for the Period

400,802

206,029

194,773

95%

Other Comprehensive Income

Actuarial Gain/ (Loss) on Defined Benefit Plan

-

-

-

0%

Deferred Tax on Actuarial Gain/ (Loss)

-

-

-

0%

Gain/ (Loss) from the Fair Value of Financial Assets Measured at FVOCI

-

-

-

0%

Other Comprehensive Income for the Period, Net of Tax

-

-

-

0%

Total Comprehensive Income for the Period

400,802

206,029

194,773

95%

-

-

-

-

-

-

-

-

-

0%

0%

0%

For the Six Months Ended 30th September

2025

2024

Variance

Rs.'000

Rs.'000

Rs.'000

%

Gross Income

6,676,814

4,422,810

2,254,004

51%

Interest Income

6,099,383

4,102,656

1,996,727

49%

Less: Interest Expense

2,845,333

1,977,869

(867,464)

(44%)

Net Interest Income

3,254,050

2,124,787

1,129,263

53%

Net Fee and Commission Income

538,034

272,100

265,934

98%

Trading Income

371

596

(225)

(38%)

Other Operating Income

39,026

47,458

(8,432)

(18%)

Total Operating Income

3,831,481

2,444,941

1,386,540

57%

Less: Impairment Charges/(Reversal) for Loans & Receivables

150,186

92,491

(57,695)

(62%)

Net Operating Income

3,681,295

2,352,450

1,328,845

56%

Less:- Expenses

Personnel Cost

Administration & Selling Expenses

829,567

1,193,060

623,487

950,799

(206,080)

(242,261)

(33%)

(25%)

Less: VAT on Financial Services

SSCL on Financial Services

404,448

54,882

216,905

29,922

(187,543)

(24,960)

(86%)

(83%)

Profit Before Income Tax

1,199,338

531,337

668,001

126%

Less: Income Tax Expense

496,029

231,048

(264,981)

(115%)

Profit for the Period

703,309

300,289

403,020

134%

Other Comprehensive Income

Actuarial Gain/ (Loss) on Defined Benefit Plan

Deferred Tax on Actuarial Gain/ (Loss)

Gain/ (Loss) from the Fair Value of Financial Assets Measured at FVOCI

Other Comprehensive Income for the Period, Net of Tax

-

-

-

0%

Total Comprehensive Income for the Period

703,309

300,289

403,020

134%

Basic Earnings Per Share (Rs)

3.48

1.49

Interim Financial Statements for the Six Months Ended 30th September 2025

STATEMENT OF CHANGES IN EQUITY

Attributable to Equity Holders of the Company

Stated

Statutory

Fair Value Reserve of

Regulatory Loss

Retained

Total

Capital

Reserves

Financial Assets at FVOCI

Allowance Reserve

Earnings

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Balance as at 01st April 2024 1,996,444

335,411

2,144

51,093

2,829,207

5,214,299

Other Comprehensive Income

Actuarial Gain/ (Loss) on Defined Benefit Plan

-

-

-

-

-

-

Tax on Other Comprehensive Income

-

-

-

-

-

-

Gain/ (Loss) from the Fair Value of Financial Assets Measured at FVOCI

-

-

-

-

-

-

Total Other Comprehensive Income for the Period

-

-

-

-

-

-

Total Comprehensive Income for the Period

-

-

-

-

300,289

300,289

Transactions with Owners, Recorded Directly in Equity

Transferred to/ (from) during the Period

-

-

-

(51,093)

51,093

-

Total Transactions with Equity Owners

-

-

-

(51,093)

51,093

-

Balance as at 30th September 2024

1,996,444

335,411

2,144

-

3,180,589

5,514,588

Transferred to/(from) during the Period

-

-

-

- -

-

Total Comprehensive Income

Profit for the Period

-

-

-

- 551,434

551,434

Other Comprehensive Income

Actuarial Gain/ (Loss) on Defined Benefit Plan

-

-

-

51,776

51,776

Tax on Other Comprehensive Income

-

-

-

(15,533)

(15,533)

Gain/ (Loss) from the Fair Value of Financial Assets Measured at FVOCI

-

-

-

-

-

-

Total Other Comprehensive Income for the Period

-

-

-

-

36,243

36,243

Total Comprehensive Income for the Period

-

-

-

-

587,677

587,677

Transactions with Owners, Recorded Directly in Equity

Transferred to/ (from) during the Period

-

170,345

-

-

(170,345)

-

Writeback of Unclaimed Dividends of Year 2016/17 & 2017/18

-

-

-

-

1,805

1,805

Total Transactions with Equity Owners

-

170,345

-

-

(168,540)

1,805

Balance as at 31st March 2025

1,996,444

505,756

2,144

-

3,599,726

6,104,070

505,756

2,144

-

3,599,726

6,104,070

-

-

-

703,309

703,309

Total Other Comprehensive Income for the Period

-

-

-

-

-

-

Total Comprehensive Income for the Period

-

-

-

-

703,309

703,309

Transactions with Owners, Recorded Directly in Equity

Transferred to/ (from) During the Period

-

-

-

-

-

-

Total Transactions with Equity Owners

-

-

-

-

-

-

Balance as at 30th September 2025

1,996,444

505,756

2,144

-

4,303,035

6,807,379

For the Six Months Ended 30th September

2025

Rs.'000

2024

Rs.'000

Cash Flows from/ (Used in) Operating Activities

Profit Before Tax

Adjustments for

1,199,338

531,337

Interest Income from Investing Activities

(130,466)

(168,690)

Interest Income from Placement with Banks

(88,240)

(60,429)

Finance Cost

2,796,029

1,963,439

Depreciation / Amortization

169,862

146,149

Profit on Disposal of Property, Plant and Equipment

29

(269)

Profit on Disposal on Modification of ROU Asset

-

(251)

Provision for Define Benefit Plans - Gratuity

17,741

14,784

Gain on Fair Value Measurement of Government Securities

-

1,184

Impairment Provision

150,187

92,492

Securitization Issue Cost

42,492

6,125

Subordinated Debt Issue Cost

692

-

Debenture Issue Cost

1,532

1,346

Operating Profit Before Changes in Operating Assets and Liabilities

4,159,196

2,527,217

Changes In;

(Increase) / Decrease in Lease Rentals Receivables

(1,442,734)

(3,313,178)

(Increase) / Decrease in Loans and Advances

(14,794,953)

(6,220,422)

(Increase) / Decrease in Other Assets

(11,212)

(294)

(Increase) / Decrease in Due from Related Companies

(36,607)

-

Increase / (Decrease) in Public Deposits

3,308,456

2,339,404

Increase / (Decrease) in Amounts Due to Related Companies

(8,090)

(59,712)

Increase / (Decrease) in Other Liabilities

2,716,562

248,245

Cash from Operations

(6,109,382)

(4,478,740)

Finance Costs Paid

(2,116,390)

(2,673,878)

Retiring Gratuity Paid

(5,676)

(8,853)

Income Tax Paid

(544,953)

(189,639)

Net Cash from/ (used in) Operating Activities

(8,776,401)

(7,351,110)

Cash Flows from/ (used in) Investing Activities

Acquisition of Property Plant & Equipment

(157,373)

(111,523)

Proceeds from Sale of Property, Plant & Equipment

(27)

269

Incurred on Software Development

(13,036)

(1,804)

Net Change in Investment Securities

(2,143,219)

656,909

Net Change in Bank Deposits

2,495,820

(11,130)

Interest Income Received

213,686

433,049

Net Cash Flows from/ (used in) Investing Activities

395,851

965,770

Cash Flows from/ (used in) Financing Activities

Subordinated Debenture Proceeds

2,000,000

-

Securitization Loan Proceeds

7,838,000

-

Loans Obtained During the Period Other than Related Party

17,400,000

6,000,000

Repayment of Loans Other than Related Party

(16,856,080)

(5,236,187)

Repayment of Debenture

(5,000)

-

Repayment of Securitization Loan

(871,099)

2,729,998

Securitization Issue Cost

(58,599)

(47,684)

Debenture Issue Cost

(15,062)

-

Lease Rentals Paid

(143,734)

(105,944)

Net Cash Flows from/ (used in) Financing Activities

9,288,426

3,340,183

Net Decrease in Cash and Cash Equivalents

907,876

(3,045,157)

Cash and Cash Equivalents at the beginning of the Period

924,613

3,294,167

Cash and Cash Equivalents at the end of the Period

1,832,489

249,010

Note-01

Cash and Cash Equivalents

3,256,442

645,540

Bank Overdraft

(1,423,953)

(396,530)

Cash and Cash Equivalents at the end of the Period

1,832,489

249,010

Interim Financial Statements for the Quarter Ended 30th September 2025

Notes to the Financial Statements

FINANCIAL REPORTING BY SEGMENTS AS PER PROVISION OF THE SRI LANKA ACCOUNTING STANDARD SLFRS 8

The primary business segment reporting format is determined based on the nature of the products and services provided, with each segment representing a strategic business unit

that offers different product and serves different markets

For the Quarter Ended 30th September

Finance Lease

Loan & Advances

Other

Total

2025

2024

2025

2024

2025

2024

2025

2024

Interest Income

1,210,585

875,348

1,915,055

1,186,628

94,808

87,652

3,220,448

2,149,628

Net Fee and Commission Income

60,170

40,817

207,142

114,079

24,218

64

291,530

154,960

Net Trading Income

-

-

-

-

160

376

160

376

Other Operating Income

5,170

6,272

12,185

13,095

4,524

5,902

21,879

25,269

Total Revenue

1,275,925

922,437

2,134,382

1,313,802

123,710

93,994

3,534,017

2,330,233

Interest Expense

(564,555)

(393,274)

(893,117)

(531,155)

(44,208)

(36,861)

(1,501,880)

(961,290)

Depreciation & Amortization

(32,452)

(30,036)

(51,571)

(40,600)

(2,504)

(2,906)

(86,527)

(73,542)

Administration & Selling Expenses

(364,064)

(308,229)

(576,602)

(417,425)

(28,402)

(31,139)

(969,068)

(756,793)

Impairment (charges) / reversals and Other

Credit Losses on Financial Assets

(59,281)

6,016

(2,924)

(54,572)

-

-

(62,205)

(48,556)

Less: VAT on Financial Services

(80,519)

(50,407)

(127,330)

(68,328)

(6,313)

(5,400)

(214,162)

(124,135)

Social Security Contribution Levy

(11,238)

(6,999)

(17,714)

(9,489)

(890)

(753)

(29,842)

(17,241)

Profit Before Tax

163,816

139,508

465,124

192,233

41,393

16,935

670,333

348,676

Income Tax Expense

(65,436)

(57,601)

(187,261)

(78,358)

(16,834)

(6,688)

(269,531)

(142,647)

Profit After Tax

98,380

81,907

277,863

113,875

24,559

10,247

400,802

206,029

Segment Assets

20,013,037

15,192,330

48,708,363

24,306,968

5,723,371

2,603,529

74,444,771

42,102,827

Segment Liabilities

18,183,005

13,233,990

44,254,373

21,173,722

5,200,014

2,180,527

67,637,392

36,588,239

* Segment assets include the additions to non current assets

18,703

21,268

56,091

34,140

336

2,229

75,130

57,637

Interim Financial Statements for the Six Months Ended 30th September 2025

Notes to the Financial Statements

FINANCIAL REPORTING BY SEGMENTS AS PER PROVISION OF THE SRI LANKA ACCOUNTING STANDARD SLFRS 8

The primary business segment reporting format is determined to be business segment as nature of the products and services provided, with each segment representing a strategic

business unit that offers different product and serves different markets

For the Six Months Ended 30th

September

Finance Lease

Loans & Advances

Other

Total

2025

2024

2025

2024

2025

2024

2025

2024

Interest Income

2,360,031

1,634,044

3,520,197

2,239,479

219,155

229,133

6,099,383

4,102,656

Net Fee and Commission Income

115,804

71,193

397,956

200,751

24,274

156

538,034

272,100

Trading Income

-

-

-

-

371

596

371

596

Other Operating Income

8,318

10,814

22,142

23,405

8,566

13,239

39,026

47,458

Total Revenue

2,484,153

1,716,051

3,940,295

2,463,635

252,366

243,124

6,676,814

4,422,810

Interest Expense

(1,100,943)

(788,641)

(1,642,155)

(1,078,640)

(102,235)

(110,588)

(2,845,333)

(1,977,869)

Depreciation & Amortization

(65,724)

(58,274)

(98,034)

(79,703)

(6,103)

(8,172)

(169,861)

(146,149)

Administration & Selling Expenses

(716,890)

(569,456)

(1,069,305)

(778,829)

(66,571)

(79,852)

(1,852,766)

(1,428,137)

Impairment (Charges) / Reversals and

Other Credit Losses on Financial Assets

(100,116)

602

(50,070)

(93,093)

-

-

(150,186)

(92,491)

Less: VAT on Financial Services

(156,493)

(86,487)

(233,423)

(118,290)

(14,532)

(12,128)

(404,448)

(216,905)

Social Security Contribution Levy

(21,235)

(11,931)

(31,675)

(16,318)

(1,972)

(1,673)

(54,882)

(29,922)

Profit Before Tax

322,752

201,864

815,633

298,762

60,953

30,711

1,199,338

531,337

Income Tax Expense

(133,486)

(87,779)

(337,334)

(129,914)

(25,209)

(13,355)

(496,029)

(231,048)

Profit After Tax

189,266

114,085

478,299

168,848

35,744

17,356

703,309

300,289

Segment Assets

20,013,037

15,192,330

48,708,363

24,306,968

5,723,371

2,603,529

74,444,771

42,102,827

Segment Liabilities

18,183,005

13,233,990

44,254,373

21,173,722

5,200,014

2,180,527

67,637,392

36,588,239

* Segment assets include the additions to non current assets

45,811

40,990

111,496

65,582

13,101

6,754

170,408

113,326

1

The Interim Financial Statements of the Company have been prepared on the basis of the same accounting policies and methods applied for the year ended

31st March 2025.

These Interim Financial Statements are in compliance with Sri Lanka Accounting Standards 34 - 'Interim Financial Reporting' and provide the information as required in terms of Rule 7.4 of the Colombo Stock Exchange.

2

COMMITMENTS & CONTINGENCIES

2.1

(a) The Commissioner General of Inland Revenue has issued an assessment notice to Singer Finance (Lanka) PLC regarding an additional surcharge tax liability for the taxable period from 1st April 2020 to 31st March 2021. The assessment includes a surcharge tax of Rs. 333.5 million and interest of Rs. 49.7 million, totaling Rs. 383.2 million.

After carefully reviewing the situation and based on the advice of tax consultants, the Company is of the view that it has strong grounds to contest the Assessment. Accordingly, the Company has lodged an appeal for an administrative review on 31st December 2024.

(b) The Commissioner General of Inland Revenue has issued an assessment notice to Singer Finance (Lanka) PLC regarding an additional Income tax liability

for the taxable period from 1st April 2020 to 31st March 2021. The assessment includes an Income tax of Rs. 102.2 million and interest of Rs. 49 million, totaling Rs. 151.2 million.

After carefully reviewing the situation and based on the advice of tax consultants, the Company has settled part of the assessed amount, totaling Rs. 19.5 million, which includes interest of Rs. 6.4 million. The Company is of the view that it has strong grounds to contest the remaining portion of the assessment. Accordingly, the Company lodged an appeal for an administrative review on 20th June 2024. The administrative review interview was held on 06th March

2025, and a written submission was provided on 15th May 2025.

(c) The Commissioner General of Inland Revenue has issued an assessment notice to Singer Finance (Lanka) PLC regarding an additional Income tax liability for the taxable period from 1st April 2021 to 31st March 2022. The assessment includes an Income tax of Rs. 22.8 million and interest of Rs. 9.9 million, totaling Rs. 32.7 million.

After carefully reviewing the situation and based on the advice of tax consultants, the Company has settled part of the assessed amount, totaling Rs. 16.2 million. The Company is of the view that it has strong grounds to contest the remaining portion of the assessment. Accordingly, the Company lodged an appeal for an administrative review on 12th March 2025.

2.2

Operating Lease Commitments as at 30th September 2025

Within One Year -

Rs. 9.3 million

2.3

As at 30th September 2025, the Company has provided letters of guarantee totaling Rs. 17,700,000/- against Fixed Deposits of Rs. 17,700,000/-.

2.4

Assets Pledged as Securities

Company has given a pledge amounting to Rs.39,448,189,880/- over the Company's Lease receivable and Loans for the following Banks Loans, Overdrafts, Securitization, & Debentures, having a carrying value of Rs.30,237,069,139/- as at 30th September 2025.

Bank

Exposure

Type of Facility

Carrying Value Rs.

Amount Pledged Rs.

Sampath Bank

130% of the Banks's

exposure

Loan

Overdraft Facility

500,000,000

300,000,000

1,040,000,000

Commercial Bank

150% of the Banks's

exposure

Overdraft Facility

200,000,000

300,000,000

Seylan Bank

130% of the Banks's

exposure

Loan

Overdraft Facility

1,900,000,000

250,000,000

2,795,000,000

Nations Trust Bank

130% of the Banks's exposure

Loan

Overdraft Facility

3,925,000,000

200,000,000

5,362,500,000

Cargills Bank

150% of the Banks's exposure

Loan

500,000,000

750,000,000

Bank of Ceylon

130% of the Banks's exposure

Loan

1,500,000,000

1,950,000,000

Pan Asia Bank Corporation

130% of the Company exposure

Loan

375,080,000

487,604,000

National Development

Bank

130% of the Banks's

exposure

Loan

Overdraft Facility

400,000,000

100,000,000

650,000,000

DFCC Bank

130% of the Banks's

explosure

Loan

100,000,000

130,000,000

Sanasa Development

Bank

130% of the Banks's

exposure

Loan

1,000,000,000

1,300,000,000

Habib Bank

130% of the Banks's

exposure

Loan

500,000,000

1,300,000,000

Trustee (Hatton National Bank & National

Development Bank)

130% of the Banks's exposure

Securitization

18,486,989,139

24,033,085,880

30,237,069,139

39,448,189,880

3

EVENTS AFTER THE REPORTING PERIOD

There have been no material events occurring after the Reporting date which require adjustments to or disclosure in the financial statements, except for the following.

Rights Issue

During the quarter ended 30th June 2025, the Board of Directors resolved to raise capital via a rights issue of 75,777,778 ordinary shares at Rs. 26.50 per share in the proportion of 6 new ordinary shares for every 16 existing shares held. The purpose of this rights issue is to improve the Capital Adequacy of the Company. The funds will be utilised in the core business activity of lending.

Consequent to the announcement made to the Colombo Stock Exchange on 19th June 2025, in principal approval was granted by the Colombo Stock Exchange for the Rights Issue on 6th August 2025. The Rights Issue was approved by the shareholders at an Extraordinary General Meeting held on 29th August 2025. Accordingly date of provisional allotment was on 2nd September 2025, Provisional Letter of Allotment was dispatched to shareholders on 10th September 2025, Last date of renunciation of rights to CDS was 23rd September 2025, the last date of acceptance and payment for rights was 26th September 2025. The Rights Issue was oversubscribed. The new ordinary shares under the Rights Issue were allotted on 8th October 2025 and were listed in the Colombo Stock Exchange on 14th October 2025.

4

CLASSIFICATION OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES

Amortised Cost

Fair Value

Fair Value

Other Financial

As at 30th September 2025

through OCI

through P&L

Liabilities

Total

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Financial Assets

Cash and Cash Equivalents

3,256,442

-

-

-

3,256,442

Placement with Banks

282,147

-

-

-

282,147

Financial Assets at Amortised Cost-Hire Purchase Receivables

-

-

-

-

-

Financial Assets at Amortised Cost-Finance Lease Receivables

18,551,806

-

-

-

18,551,806

Financial Assets at Amortised Cost-Loans and Advances

45,151,972

-

-

-

45,151,972

Financial Assets Measured at Fair Value Through Other

Comprehensive Income

-

2,185

-

-

2,185

Financial Assets at Amortised Cost-Debt and Other Financial

Instruments

4,959,877

-

-

-

4,959,877

Total Financial Assets

72,263,520

2,185

-

-

72,265,705

Financial Liabilities

Bank Overdraft

1,423,953

-

-

-

1,423,953

Other Financial Liabilities Due to Customers

31,643,536

-

-

-

31,643,536

Interest Bearing Loans & Borrowings-Debenture

4,108,575

-

-

-

4,108,575

Interest Bearing Loans & Borrowings-Bank Loans

7,301,590

-

-

-

7,301,590

Interest Bearing Loans & Borrowings-Securitization

18,181,731

-

-

-

18,181,731

Due to Related Companies

8,802

-

-

-

8,802

Lease Liabilities

824,494

-

-

-

824,494

Trade Payables

-

-

-

3,648,749

3,648,749

Total Financial Liabilities

63,492,681

-

-

3,648,749

67,141,430

As at 30th September 2024

Amortised Cost

Fair value

Fair value

Other Financial

through OCI

through P&L

Liabilities

Total

Financial Assets

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Cash and Cash Equivalents

645,540

-

-

-

645,540

Placement with Banks

264,277

-

-

-

264,277

Financial Assets at Amortised Cost-Hire Purchase Receivables

-

-

-

-

-

Financial Assets at Amortised Cost-Finance Lease Receivables

14,249,837

-

-

-

14,249,837

Financial Assets at Amortised Cost-Loans and Advances

22,901,119

-

-

-

22,901,119

Financial Assets Measured at Fair Value Through Other

Comprehensive Income

-

2,185

-

-

2,185

Financial Assets at Amortised Cost-Debt and Other Financial

Instruments

2,081,205

-

-

-

2,081,205

Total Financial Assets

40,141,978

2,185

-

-

40,144,163

Financial Liabilities

Bank Overdraft

396,530

-

-

-

396,530

Other Financial Liabilities Due to Customers

23,918,553

-

-

-

23,918,553

Interest Bearing Loans & Borrowings-Debenture

1,993,788

-

-

-

1,993,788

Interest Bearing Loans & Borrowings-Bank Loans

4,807,461

-

-

-

4,807,461

Interest Bearing Loans & Borrowings-Securitization

3,360,903

-

-

-

3,360,903

Due to Related Companies

45,334

-

-

-

45,334

Lease Liabilities

813,454

-

-

-

813,454

Trade Payables

-

-

-

838,280

838,280

Total Financial Liabilities

35,336,023

-

-

838,280

36,174,303

5

LISTED DEBENTURES

a)

Details regarding the Listed Debentures are as follows.

Face Value

Interest

Date of

Type

Rs.

Frequency

Interest Rate

Allotment

Maturity Date

Government Securities

2021- Type - A

583,220,000

Annually

9.25%

25-June-2021

25-June-2026

as at 15th June 2021 was 7.31%

Name of the Director

No of Debentures

No of Debentures

30-September-2025

30-September-2024

Mr. Aravinda Perera

-

-

Ms. Darshini Talpahewa

-

-

Mr. Thushan Amarasuriya (Chief Executive Officer/Executive Director)

-

-

Mr. Mahesh Wijewardene

-

-

Mr. Ranil De Silva

-

-

Mr. Saman Herath

-

-

Mr. Dhammika Siriwardene

-

-

Ms. Hiranthi De Silva

-

-

6

Ratios

Debt Equity Ratio

Interest Cover

Quick Assets Ratio

Liquid Asset Ratio

Tier I Ratio

Total Capital Ratio

30-September-2025

30-September-2024

9.33

6.40

1.42

1.27

1.11

1.02

16.56%

11.68%

9.50%

12.11%

13.30%

15.05%

7

INFORMATION ON ORDINARY SHARES

a)

Stated Capital

Value-Ordinary Shares

No of Shares-Ordinary Shares

Voting Rights

Rs.1,996,444,457

Rs.1,996,444,457

202,074,075

202,074,075

One Vote per Ordinary Share

One Vote per Ordinary Share

b)

Share Price

Highest

Lowest

Last Traded

Quarter Ended

30-September-2025

30-September-2024

74.00

17.00

37.60

15.00

65.80

16.70

Six Months Ended

30-September-2025

30-September-2024

Highest

Lowest

Last Traded

74.00

23.50

65.80

19.50

12.30

16.70

c)

Twenty Largest Holders of Shares as at 30th September 2025

Name

No of Shares

%

1

Singer (Sri Lanka) PLC

161,513,035

79.93

2

Seylan Bank PLC / A. C.Senanka

3,334,859

1.65

3

People's Leasing & Finance PLC / M. E. Amarasinghe

3,085,844

1.53

4

Mr. A. M. Weerasinghe

2,551,327

1.26

5

Assetline Finance Limited / S. K.Wijekoon

1,293,251

0.64

6

People's Leasing & Finance PLC / L. P. Hapangama

1,260,700

0.62

7

Assetline Finance Limited / M. E. Amarasinghe

1,086,494

0.54

8

Seylan Bank PLC / S. K.Wijekoon

943,469

0.47

9

People's Leasing & Finance PLC / Mr. I. S. Gurusinghe

852,503

0.42

10

DFCC Bank PLC

815,377

0.40

11

Mr. M. L. Ajit Benedict

756,909

0.37

12

Citizens Development Business Finance PLC / Mr. H. M. I. Jayasinghe

728,125

0.36

13

Mrs. S. Vasudevan & Mr. S. Vasudevan

700,000

0.35

14

Mr. Ram Pritamdas, Mr. D. Pritamdas & Miss. L.P. Hathiramani

591,500

0.29

15

People's Leasing & Finance PLC / Mr. H. A. D. U. G. Gunasekera

525,000

0.26

16

People's Leasing & Finance PLC / Mr. K. A. D. R. M. K. Kariyapperuma

512,756

0.25

17

Mr. D. C. P. De Silva Siriwardane

466,063

0.23

18

Hatton National Bank PLC / Mr. Arunasalam Sithampalam

420,944

0.21

19

Assetline Finance Limited / M. S. Kandanage

418,500

0.21

20

People's Leasing & Finance PLC / Mr. D. M. P. Disanayake

Others

358,507

182,215,163

19,858,912

0.18

90.17

9.83

d)

Directors' and CEO's Shareholding as at 30th September 2025

Name of the Director Shareholding

Shareholding

30-September-2025

30-September-2024

No of Shares

No of Shares

Mr. Aravinda Perera

Ms. Darshini Talpahewa

Mr. Thushan Amarasuriya (Chief Executive Officer/Executive Director)

Mr. Mahesh Wijewardene

Mr. Ranil De Silva

Mr. Saman Herath

Mr. Dhammika Siriwardene

Ms. Hiranthi De Silva

-

-

-

-

50,155

50,155

-

-

-

-

-

-

-

-

-

-

50,155

50,155

e)

Public Holding

30-September-2025

30-September-2024

No of Share Holders

No of Shares

% of Public Holding

Float Adjusted Market Capitalization

6,306

5,855

40,510,885

40,510,885

20.05%

20.05%

Rs. 2,673,718,410/-

Rs. 656,356,803/-

Name of the Company

Singer Finance (Lanka) PLC

Human Resources and Remuneration Committee

Mr. Dhammika Siriwardene - Chairman/INED

Mr. Aravinda Perera - NED

Mr. Saman Herath - INED

Ms. Hiranthi De Silva - INED

Mr. Mahesh Wijewardene - NED

Legal Form

A public limited Company incorporated in Sri Lanka on 19th April 2004

under the Companies Act No. 17 of 1982 and re-registered under the Companies

Act No. 07 of 2007 on 16th December 2008. Shares of the Company are listed

on the main board of Colombo Stock Exchange on 17th January 2011.

Nominations & Governance Committee

Mr. Saman Herath - Chairman/INED

Mr. Aravinda Perera - NED

Ms. Hiranthi De Silva - INED

Auditors

Ernst & Young

Chartered Accountants

Rotunda Towers,

No. 109, Galle Road, Colombo 03.

Related Party Transactions Review Committee

Ms. Hiranthi De Silva - Chairman/INED

Mr. Ranil De Silva - INED

Mr. Dhammika Siriwardene - INED

Company Secretary

Mr. Lasitha Dias

TP: 0112-100161

Integrated Risk Management Committee

Mr. Saman Herath - Chairman/INED

Mr. Dhammika Siriwardene - INED

Ms. Hiranthi De Silva - INED

Registars

Hayleys Group Services (Pvt) Ltd

TP: 0112-627000

Directorate

Mr. Aravinda Perera - Chairman/NED

Mr. Saman Herath - Senior INED

Mr. Thushan Amarasuriya - CEO/ED

Ms. Darshini Talpahewa - NED

Mr. Mahesh Wijewardene - NED

Mr. Ranil De Silva - INED

Mr. Dhammika Siriwardene - INED

Ms. Hiranthi De Silva - INED

Company Registration Number

Old - N (PBS) 1171 New - PB 813 PQ

Lawyers

Ms. Harshani Mapatuna

Attorney-at-Law & Notaries Public

No.498, R. A De Mel Mawatha, Colombo 03.

Registered Office

No. 498, R. A De Mel Mawatha

Colombo 03.

TP: 011-2400400

Fax : 011-2303715

E-mail- financecompany@singersl.com

Audit Committee

Mr. Dhammika Siriwardene - Chairman/INED

Mr. Ranil De Silva - INED

Mr. Saman Herath - INED

Tax Payer Identification Number

134011718

Investor Relations

Please contact the Company Secretary

Mr. Lasitha Dias

TP: 0112-100161

E-mail- financecompany@singersl.com

* NED- Non- Executive Director

** INED- Independent Non- Executive Director

*** ED- Executive Director

**** Senior INED- Senior Independent Non- Executive Director