Interim Financial Statements as at 31.03.2025

INTERIM FINANCIAL STATEMENTS FOR THE

TWELVE MONTHS ENDED 31ST MARCH 2025

As at

31-March-2025

Rs.'000

31-March-2024

(Audited)

Rs.'000

ASSETS

Cash and Cash Equivalents

1,830,534

3,825,976

Placement with Banks

2,776,950

254,023

Financial Assets Measured at Fair Value Through Profit or Loss (FVTPL)

-

463,761

Financial Assets at Amortised Cost-Hire Purchase Receivables

-

-

Financial Assets at Amortised Cost-Finance Lease Receivables

17,209,189

10,935,835

Financial Assets at Amortised Cost-Loans and Advances

30,318,636

16,774,012

Financial Assets Measured at Fair Value Through Other Comprehensive Income

2,185

2,185

Financial Assets at Amortised Cost-Debt and Other Financial Instruments

2,812,655

2,478,591

Due from Related Companies

24,670

-

Other Debtors, and Prepayments

463,135

342,725

Deferred Tax Assets

246,454

93,093

Intangible Assets

83,215

87,825

Property, Plant & Equipment

710,857

638,235

Right of Use Assets

638,109

698,183

Total Assets

57,116,589

36,594,444

LIABILITIES AND EQUITY

Liabilities

Bank Overdraft

905,920

531,809

Financial Liabilities at Amortised Cost-Due to Customers

28,314,140

22,179,511

Financial Liabilities at Amortised Cost-Interest Bearing Loans & Borrowings

19,508,212

6,870,504

Lease Liabilities

789,620

839,484

Trade & Other Payables

921,643

591,831

VAT Payable

14,318

7,722

Due to Related Companies

16,892

105,046

Current Tax Liabilities

402,815

92,241

Retirement Benefit Obligations

138,959

161,997

Total Liabilities

51,012,519

31,380,145

Equity

Stated Capital

1,996,444

1,996,444

Statutory Reserves

505,756

335,411

Fair Value Reserve of Financial Assets at FVOCI

2,144

2,144

Regulatory Loss Allowance Reserve

-

51,093

Retained Earnings

3,599,726

2,829,207

Total Equity

6,104,070

5,214,299

Total Liabilities & Equity

57,116,589

36,594,444

(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

06th May 2025

For the Quarter Ended 31st March

2025

Rs.'000

2024

Rs.'000

Variance

Rs.'000 %

Gross Income

2,750,249

2,101,907

648,342

31%

Interest Income

2,541,272

1,890,037

651,235

34%

Less: Interest Expense

1,174,721

1,115,493

(59,228)

(5%)

Net Interest Income

1,366,551

774,544

592,007

76%

Net Fee and Commission Income

184,867

110,596

74,271

67%

Trading Income

305

285

20

7%

Other Operating Income

23,805

100,989

(77,184)

(76%)

Total Operating Income

1,575,528

986,414

589,114

60%

Less: Impairment charges/(reversal) and Other Credit Losses on

Financial Assets

38,108

(49,603)

(87,711)

(177%)

Net Operating Income

1,537,420

1,036,017

501,403

48%

Less:- Expenses

Personnel Cost

380,188

303,247

(76,941)

(25%)

Administration & Selling Expenses

475,987

438,291

(37,696)

(9%)

Operating Profit Before Tax on Financial Services

681,245

294,479

386,766

131%

Less: VAT on Financial Services

165,477

88,508

(76,969)

(87%)

Social Security Contribution Levy

20,512

12,519

(7,993)

(64%)

Profit Before Income Tax

495,256

193,452

301,804

156%

Less: Income Tax Expense

210,749

77,609

(133,140)

(172%)

Profit for the Period

284,507

115,843

168,664

146%

Other Comprehensive Income

Acturial (Loss)/Gain on Retirment Benefit Obligaion

51,776

(5,127)

56,903

(1,110%)

Deferred Tax on Actuarial (Gain)/Loss on Defined Benefit Obligation

(15,533)

1,538

(17,071)

(1,110%)

Gain from revaluation of Financial assets measured at FVOCI

-

65

(65)

(100%)

Other Comprehensive Income for the Period, Net of Tax

36,243

(3,524)

39,767

(1,128%)

Total Comprehensive Income for the Period

320,750

112,319

208,431

186%

Acturial (Loss)/Gain on Retirment Benefit Obligaion

Deferred Tax on Actuarial (Gain)/Loss on Defined Benefit Obligation

Gain from revaluation of Financial assets measured at FVOCI

(5,127)

1,538

65

56,903

(17,071)

(65)

(1,110%)

(1,110%)

(100%)

For the Twelve Months Ended 31st March

2025

2024

Variance

Rs.'000

Rs.'000

Rs.'000

%

Gross Income

9,706,033

8,113,370

1,592,663

20%

Interest Income

8,973,638

7,572,616

1,401,022

19%

Less: Interest Expense

4,189,822

4,792,620

602,798

13%

Net Interest Income

4,783,816

2,779,996

2,003,820

72%

Net Fee and Commission Income

612,180

378,111

234,069

62%

Trading Income

1,237

1,374

(137)

(10%)

Other Operating Income

118,978

161,269

(42,291)

(26%)

Total Operating Income

5,516,211

3,320,750

2,195,461

66%

Less: Impairment charges/(reversal) and Other Credit Losses on

Financial Assets

232,645

(126,973)

(359,618)

(283%)

Net Operating Income

5,283,566

3,447,723

1,835,843

53%

Less:- Expenses

Personnel Cost

Administration & Selling Expenses

1,324,189

1,914,500

988,665

1,486,804

(335,524)

(427,696)

(34%)

(29%)

Less: VAT on Financial Services

Social Security Contribution Levy

517,530

69,204

280,808

39,048

(236,722)

(30,156)

(84%)

(77%)

Profit Before Income Tax

1,458,143

652,398

805,745

124%

Less: Income Tax Expense

606,420

248,163

(358,257)

(144%)

Profit for the Period

851,723

404,235

447,488

111%

Other Comprehensive Income

51,776

(15,533)

-

Other Comprehensive Income for the Period, Net of Tax

36,243

(3,524)

39,767

(1,128%)

Total Comprehensive Income for the Period

887,966

400,711

487,255

122%

Basic Earnings Per Share (Rs)

4.21

2.00

Interim Financial Statements For the Twelve Months Ended 31st March 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 2023 1,996,444

254,564

2,079

-

2,722,160

4,975,247

Other Comprehensive Income

Actuarial Loss on Retirement Benefit Obligation

-

-

-

-

(5,127)

(5,127)

Tax on Other Comprehensive Income

-

-

-

-

1,538

1,538

Gain from revaluation of Financial assets measured at FVOCI

-

-

65

-

-

65

Total Other Comprehensive Income for the Period

-

-

65

-

-

3,589

-

3,524

Total Comprehensive Income for the Period

-

-

65

-

400,646

400,711

Transferred to/(from) during the Period

-

80,847

-

51,093

(131,940)

-

Dividends

-

-

-

-

(161,659)

(161,659)

Total Transactions with Equity Owners

-

80,847

-

51,093

(293,599)

(161,659)

Balance as at 31st March 2024

1,996,444

335,411

2,144

51,093

2,829,207

5,214,299

Unclaimed Dividend Adjustments - - - - 1,804 1,804

1,996,444 335,411 2,144 51,093 2,831,011 5,216,103

Other Comprehensive Income

Actuarial Gain on Retirement Benefit Obligation

-

-

-

-

51,776

51,776

Tax on Other Comprehensive Income

-

-

-

-

(15,533)

(15,533)

Total Other Comprehensive Income for the Period

-

-

-

-

36,244

36,244

Total Comprehensive Income for the Period

-

-

-

-

887,967

887,967

Total Transactions with Equity Owners

-

170,345

-

(51,093)

(119,252)

-

Balance as at 31st March 2025

1,996,444

505,756

2,144

-

3,599,726

6,104,070

For the Twelve Months Ended 31st March

2025

Rs.'000

2024

Rs.'000

Cash Flows From Operating Activities

Profit Before Tax

Adjustments for

1,458,143

652,398

Interest Income from Investing Activities

(273,031)

(767,219)

Interest Income from Placement with Banks

(113,755)

(493,791)

Finance Cost

4,139,315

4,769,685

Depreciation/Amortization

300,097

276,195

Profit on disposal of Property, Plant and Equipment

137

(13)

Profit on disposal on modification of ROU Asset

(250)

(874)

Provision for Define Benefit Plans - Gratuity

38,661

40,907

Gain on mark to market valuation of Government Securities

1,183

(34,856)

Impairment Provision

232,645

(126,974)

Securitization Issue Cost

27,951

8,840

Debenture Issue Cost

2,753

2,548

Operating Profit Before Changes In Operating Assets And Liabilities

5,813,849

4,326,846

Changes In;

(Increase) / Decrease in Lease Rentals Receivables

(6,310,625)

(1,867,777)

(Increase) / Decrease in Loans and Advances

(13,739,994)

(1,517,799)

(Increase) / Decrease in Other Assets

(120,411)

(48,820)

(Increase) / Decrease in Due from Related Companies

(24,670)

-

Increase in Public Deposits

6,323,700

2,613,854

Increase / (Decrease) in Amounts Due to Related Companies

(88,154)

(10,750)

Increase / (Decrease) in Other Liabilities

336,408

124,033

Cash from Operations

(7,809,897)

3,619,587

Finance Costs Paid

(3,962,348)

(4,691,074)

Retiring Gratuity Paid

(14,917)

(12,558)

Gratuity Transfer

4,995

-

Income Tax Paid

(464,739)

(362,979)

Net Cash from/(used in) Operating Activities

(12,246,906)

(1,447,024)

Cash Flows from/(used in) Investing Activities

Acquisition of Property Plant & Equipment

(228,213)

(153,095)

Proceeds from Sale of Property, Plant & Equipment

79

862

Incurred on Software Development

(10,497)

(21,077)

Net Change in Investment Securities

(29,550)

(753,209)

Net Change in Bank Deposits

(2,520,809)

1,141,977

Interest Income Received

542,730

1,138,711

Net Cash Flows from/ (used in) Investing Activities

(2,246,260)

1,354,169

Cash Flows from/(used in) Financing Activities

Securitization Loan Proceeds

10,127,876

-

Loans Obtained During the Period Other than Related Party

17,600,000

9,150,000

Repayment of Loans Other than Related Party

(14,901,114)

(5,664,907)

Repayment of Debenture

-

(1,003,000)

Repayment of Securitization

(364,400)

(1,295,600)

Securitization Issue Cost

(118,305)

(101)

Lease Rentals Paid

(222,248)

(168,899)

Unclaimed Dividend Adjustments

1,804

-

Dividends Paid

-

(161,659)

Net Cash Flows from/ (used in) Financing Activities

12,123,613

855,834

Net Decrease in Cash and Cash Equivalents

(2,369,553)

762,979

Cash and Cash Equivalents at the beginning of the Period

3,294,167

2,531,188

Cash and Cash Equivalents at the end of the Period

924,614

3,294,167

Note-01

Cash and Cash Equivalents

1,830,534

3,825,976

Bank Overdraft

(905,920)

(531,809)

Cash and Cash Equivalents at the end of the Period

924,614

3,294,167

Interim Financial Statements For the Quarter Ended 31st March 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 31st March

Finance Lease

Loan & Advances

Other

Total

2025

2024

2025

2024

2025

2024

2025

2024

Interest Income

1,042,747

688,987

1,400,693

973,019

97,832

228,031

2,541,272

1,890,037

Net Fee and Commission Income

47,312

34,153

137,515

76,291

40

152

184,867

110,596

Net Trading Income

-

-

-

-

305

285

305

285

Other Operating Income

6,964

22,412

16,405

41,537

436

37,040

23,805

100,989

Total Revenue

1,097,023

745,552

1,554,613

1,090,847

98,613

265,508

2,750,249

2,101,907

Interest Expense

(482,078)

(413,635)

(647,497)

(572,214)

(45,146)

(129,644)

(1,174,721)

(1,115,493)

Depreciation & Amortization

(32,183)

(26,172)

(43,194)

(37,516)

(2,973)

(8,999)

(78,350)

(72,687)

Administration & Selling Expenses

(319,438)

(233,418)

(428,797)

(347,391)

(29,590)

(88,042)

(777,825)

(668,851)

Impairment (charges) / reversals and Other

Credit Losses on Financial Assets

929

60,810

(39,037)

(11,207)

-

-

(38,108)

49,603

Less: VAT on Financial Services

(67,803)

(30,667)

(91,180)

(46,036)

(6,494)

(11,805)

(165,477)

(88,508)

Social Security Contribution Levy

(8,412)

(4,323)

(11,305)

(6,516)

(795)

(1,680)

(20,512)

(12,519)

Profit Before Tax

188,038

98,147

293,603

69,967

13,615

25,338

495,256

193,452

Income Tax Expense

(79,965)

(39,101)

(124,891)

(28,645)

(5,893)

(9,863)

(210,749)

(77,609)

Profit After Tax

108,073

59,046

168,712

41,322

7,722

15,475

284,507

115,843

Segment Assets

18,495,501

13,144,867

32,584,822

20,162,349

6,036,266

3,287,228

57,116,589

36,594,444

Segment Liabilities

16,518,880

11,271,870

29,102,470

17,289,440

5,391,169

2,818,835

51,012,519

31,380,145

* Segment assets include the additions to non current assets

12,718

19,899

25,211

28,776

15,156

(13,281)

53,085

35,394

For the Twelve Months Ended 31st

March

Finance Lease

Loans & Advances

Other

Total

2025

2024

2025

2024

2025

2024

2025

2024

Interest Income

3,649,392

2,267,716

4,936,991

4,043,437

387,255

1,261,463

8,973,638

7,572,616

Net Fee and Commission Income Trading Income

Other Operating Income

159,283

-31,626

91,193

-32,499

452,644

-70,093

286,187

-77,327

253

1,237

17,259

731

1,374

51,443

612,180

1,237

118,978

378,111

1,374

161,269

Total Revenue

3,840,301

2,391,408

5,459,728

4,406,951

406,004

1,315,011

9,706,033

8,113,370

Interest Expense

(1,703,914)

(1,435,211)

(2,305,098)

(2,559,044)

(180,810)

(798,365)

(4,189,822)

(4,792,620)

Depreciation & Amortization

(122,044)

(82,710)

(165,104)

(147,475)

(12,950)

(46,009)

(300,098)

(276,194)

Administration & Selling Expenses Impairment (charges) / reversals and

(1,195,064)

(658,600)

(1,616,713)

(1,174,313)

(126,814)

(366,362)

(2,938,591)

(2,199,275)

Other Credit Losses on Financial Assets

(37,494)

180,696

(195,151)

(53,723)

-

-

(232,645)

126,973

Less: VAT on Financial Services

(210,469)

(84,092)

(284,727)

(149,939)

(22,334)

(46,777)

(517,530)

(280,808)

Social Security Contribution Levy

(28,144)

(11,693)

(38,074)

(20,850)

(2,986)

(6,505)

(69,204)

(39,048)

Profit Before Income Tax

543,172

299,798

854,861

301,607

60,110

50,993

1,458,143

652,398

Income Tax Expense

(225,897)

(114,039)

(355,524)

(114,727)

(24,999)

(19,397)

(606,420)

(248,163)

Profit After Tax

317,275

185,759

499,337

186,880

35,111

31,596

851,723

404,235

Segment Assets

18,495,501

13,144,867

32,584,822

20,162,349

6,036,266

3,287,228

57,116,589

36,594,444

Segment Liabilities

16,518,880

11,271,870

29,102,470

17,289,440

5,391,169

2,818,835

51,012,519

31,380,145

* Segment assets include the additions to non current assets

77,299

62,563

136,183

95,963

25,228

15,645

238,710

174,171

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 2024.

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 an extensive evaluation of the circumstances and tax legislation, management asserts that there are valid reasons to contest the assessment. Therefore, the Company has initiated an appeal for an administrative review.

(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 a Income tax of Rs. 102.2 million and interest of Rs. 49 million, totalling Rs. 151.2 million.

After an extensive evaluation of the circumstances and tax legislation, management asserts that there are valid reasons to contest the assessment. Therefore, the Company has initiated an appeal for an administrative review.

(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 an extensive evaluation of the circumstances and tax legislation, management asserts that there are valid reasons to contest the assessment. Therefore, the Company has initiated an appeal for an administrative review.

2.2

Operating Lease Commitments as at 31st March 2025

Within One Year -

Rs. 9.3 million

2.3

(a) As at 31st March 2025, the Company has provided letters of guarantee totaling Rs. 12,000,000/- against Fixed Deposits of Rs. 12,000,000/-.

2.4

Assets Pledged as Securities

Bank

Exposure

Type of Facility

Carrying Value

Rs.

Amount Pledged

Rs.

Sampath Bank

130% of the Banks's

Loan

500,000,000

1,040,000,000

Loan

Overdraft Facility

Loan

Overdraft Facility

Loan

10,325,476,340

13,423,119,241

19,114,381,820

25,663,430,203

3

EVENTS AFTER THE REPORTING PERIOD

4

FAIR VALUE MEASUREMENT HIERARCHY

Amortised Cost

Fair value

Fair value

Other Financial

Fair

Fair Value

through OCI

through P&L

Liabilities

Total

Value

Measurement

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Level

1,830,534

-

-

-

1,830,534

-

-

2,776,950

-

-

-

2,776,950

-

-

-

-

-

-

-

-

-

17,209,189

-

-

-

17,209,189

-

-

30,318,636

-

-

-

30,318,636

-

-

-

2,185

-

-

2,185

2,185

Level 3

2,812,655

-

-

-

2,812,655

2,818,945

Level 2

54,972,634

2,185

-

-

54,974,819

2,821,130

-

Financial Liabilities

Other Financial Liabilities Due to Customers

-

-

-

28,314,140

28,314,140

-

-

Interest Bearing Loans & Borrowings-Debenture

-

-

-

2,134,030

2,134,030

-

-

Interest Bearing Loans & Borrowings-Bank Loans

-

-

-

6,749,528

6,749,528

-

-

Interest Bearing Loans & Borrowings-Securitization

-

-

-

10,624,654

10,624,654

-

-

Due to Related Companies

-

-

-

16,892

16,892

-

-

Lease Liabilities

-

-

-

789,620

789,620

-

-

Bank Overdraft

-

-

-

905,920

905,920

-

-

Trade Payables

-

-

-

921,643

921,643

-

-

Total Financial Liabilities

-

-

-

50,456,427

50,456,427

-

-

As at 31st March 2024

Amortised Cost

Fair value

Fair value

Other Financial

Fair

Fair Value

through OCI

through P&L

Liabilities

Total

Value

Measurement

Financial Assets

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Level

Cash and Cash Equivalents

3,825,976

-

-

-

3,825,976

-

-

Placement with Banks

254,023

-

-

-

254,023

-

-

Financial assets at amortised cost-Hire Purchase Receivables

-

-

-

-

-

-

-

Financial assets at amortised cost-Finance Lease Receivables

10,935,835

-

-

-

10,935,835

-

-

Financial assets at amortised cost-Loans and Advances

16,774,012

-

-

-

16,774,012

-

-

Financial assets measured at fair value through other

comprehensive income

-

2,185

-

-

2,185

2,185

Level 3

Financial assets at amortised cost-Debt and other financial

instruments

2,478,591

-

-

-

2,478,591

2,492,915

Level 2

Financial assets measured at fair value through profit or loss

(FVTPL)

-

-

463,761

-

463,761

427,879

Level 2

Total Financial Assets

34,268,437

2,185

463,761

-

34,734,383

2,922,979

-

Financial Liabilities

Other Financial Liabilities Due to Customers

-

-

-

22,179,511

22,179,511

-

-

Interest Bearing Loans & Borrowings-Debenture

-

-

-

2,227,690

2,227,690

-

-

Interest Bearing Loans & Borrowings-Bank Loans

-

-

-

4,035,177

4,035,177

-

-

Interest Bearing Loans & Borrowings-Securitization

-

-

-

607,637

607,637

-

-

Due to Related Companies

-

-

-

105,046

105,046

-

-

Lease Liabilities

-

-

-

839,484

839,484

-

-

Bank Overdraft

-

-

-

531,809

531,809

-

-

Trade Payables

-

-

-

591,831

591,831

-

-

Total Financial Liabilities

-

-

-

31,118,185

31,118,185

-

-

LISTED DEBENTURES

Details regarding the listed Debentures are as follows.

Face Value

Interest

Date of

Type Rs.

Frequency

Interest Rate

Allotment

Maturity Date

Government Securities

2020-Type - C

5,000,000

Annually

13.25%

19-May-2020

19-May-2025

as at 15th April 2020 was 8.7%

2021- Type - A

583,220,000

Annually

9.25%

25-June-2021

25-June-2026

as at 15th June 2021 was 7.31%

2021- Type - B

1,416,780,000

Annually

1 Year T-Bill Rate

+3.75% P.A

25-June-2021

25-June-2026

as at 15th June 2021 was 7.31%

Ratios

Debt Equity Ratio

Interest Cover

Quick Assets Ratio

Liquid Asset Ratio

Tier I Ratio

Total Capital Ratio

31-March-2025

8.11

1.35

1.13

24.32%

10.64%

12.80%

31-March-2024

5.83

1.14

1.01

29.20%

15.62%

18.54%

Name of the Director

No of Debentures

No of Debentures

31-March-2025

31-March-2024

Mr. Aravinda Perera

-

-

Mr. Jayanth Perera (Retired w.e.f. 14th June 2024)

-

-

Ms. Darshini Talpahewa

-

-

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

-

-

Mr. Mahesh Wijewardene

-

-

Mr. Ranil De Silva

-

-

Mr. Saman Herath

-

-

Mr. Dhammika Siriwardene (Appointed w.e.f. 22nd April 2024)

-

-

Ms. Hiranthi De Silva (Appointed w.e.f. 10th July 2024)

-

-

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

Quarter Ended

31-March-2025

31-March-2024

29.50

12.90

22.80

11.00

24.90

12.40

Value-Ordinary Shares

No of Shares-Ordinary Shares

Voting Rights

Highest

Lowest

Last Traded

Twelve Months Ended

31-March-2025

31-March-2024

Highest

Lowest

Last Traded

29.50

12.30

24.90

15.50

10.50

12.40

Name

No of Shares

%

1

Singer (Sri Lanka) PLC

161,513,035

79.93

2

Mr. A. M. Weerasinghe

3,687,019

1.82

3

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

3,009,712

1.49

4

Employees Trust Fund Board

2,290,555

1.13

5

Seylan Bank PLC/ Gladstone Capital (Pvt) Ltd

1,220,000

0.60

6

Hatton National Bank PLC- Astrue Alpha Fund

1,204,809

0.60

7

J.B. Cocoshell (Pvt) Ltd

1,129,240

0.56

8

Mr. M. L. Ajit Benedict

936,509

0.46

9

People's Leasing & Finance PLC/ L.H.L.M.P.Haradasa

826,916

0.41

10

Mr. H. G. Balasuriya

697,043

0.34

11

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

605,000

0.30

12

Thread Capital (Pvt) Ltd

503,473

0.25

13

Commercial Bank of Ceylon PLC/ H.G. Balasuriya

500,000

0.25

13

Mr. S. Vasudevan & Mrs. S. Vasudevan

500,000

0.25

13

Mrs. S. Vasudevan & Mr. S. Vasudevan

500,000

0.25

14

Mr. V. S. P. Liyanage

497,147

0.25

15

Mr. D. C. P. De Silva Siriwardane

466,063

0.23

16

Mr. N. A. Samarakoon & Mrs. D.K. Herath

450,000

0.22

17

Hatton National Bank PLC/ Mr. Arunasalam Sithampalam

420,944

0.21

18

PMF Finance PLC/ Mr. M.S.Hamzadeen

403,000

0.20

19

Mr. L.N.S.K. Samarasinghe

355,000

0.18

20

Mr. R.P.U.P. Gunawardena

Others

314,000

182,029,465

20,044,610

0.16

90.09

9.91

Name of the Director Shareholding

Shareholding

31-March-2025

31-March-2024

No of Shares

No of Shares

Mr. Aravinda Perera

Mr. Jayanth Perera (Retired w.e.f. 14th June 2024)

Ms. Darshini Talpahewa

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

Mr. Mahesh Wijewardene

Mr. Ranil De Silva

Mr. Saman Herath

Mr. Dhammika Siriwardene (Appointed w.e.f. 22nd April 2024)

Ms. Hiranthi De Silva (Appointed w.e.f. 10th July 2024)

-

-

-

-

-

-

50,155

50,155

-

-

-

-

-

-

-

-

-

-

50,155

50,155

31-March-2025

31-March-2024

No of Share Holders

No of Shares

% of Public Holding

Float Adjusted Market Capitalization

5,663

5,987

40,510,885

40,510,885

20.05%

20.05%

Rs. 968,210,152/-

Rs. 498,344,980/-

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

Ms. Hiranthi De Silva

Registars

Hayleys Group Services (Pvt) Ltd

TP: 0112-627000

Registered Office

No. 498, R. A De Mel Mawatha

Colombo 03.

TP: 011-2400400

Fax : 011-2303715

E-mail- financecompany@singersl.com

Lawyers

Ms. Harshani Mapatuna

Attorney-at-Law & Notaries Public

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

Directorate

Mr. Aravinda Perera - Chairman/NED

Mr. Jayanth Perera (Retired w.e.f. 14th June 2024) - Senior INED

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 (Appointed w.e.f. 22nd April 2024) - INED

Ms. Hiranthi De Silva (Appointed w.e.f. 10th July 2024) - INED

Company registration Number

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

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