COCO LANKA PLC - Colombo Stock Exchange

COCO LANKA PLCPROVISIONAL REPORT AS AT 30 TH JUNE 2012CONTENTS:Income Statement-1Balance Sheet-2Changes & Equity-3Cash Flow-4Segmental Report-5Notes to the Accounts-620 Major Shareholders-7Corporate information-8

Coco Lanka PLCExplanatory notes1. Basis of preparationThe interim financial statement of the company and of the group have been prepared on the basis of the sameaccounting policies and methods applied for the year ended 30 TH June 2012 and are in compliance with Sri LankaAccounting Standard 35 – Interim Finance Reporting.2. These Accounts have been prepared in accordance with the Sri Lanka Accounting Standards (SLAS) thatexisted up to 01 st January 2012. This is one of the options allowed by the Institute of Chartered Accountants of SriLanka (ICASL) and is applicable to the interim financial statement during the financial year ending 31 st March 2013.The accounts for the full financial year to 31 st March 2013 will be prepared in accordance with the new accountingstandards applicable from 01 st January 2012. The Company is using external professional consultants to facilitate theTran session to the new standards. The impact of the new standards on these accounts have not been independentlyAudited and the company considers it prudent to disclose such figures only after they have been so verified.3. Short term investment has been valued at market price and the gain in value of Rs 9.584.Mn has been recognized inthe income statement.4. Comparative figuresWhere relevant certain comparative figures have been re-classified to conform to the current period ofpresentation.5. The stated capital of the company consist of 21, 6000 ordinary voting shares & 1,800,000 non voting shares6. Market price per shareThe market prices for the quarter ended 30 th June 2012 were:2012 2011Voting Non Voting Voting Non VotingLast traded 48.40 44.90 79.70 57.90Highest 54.00 30.10 95.00 70.00Lowest 40.00 32.70 63.00 50.007. Public shareholdingThe percentage of shares held by the public as at 30 th June 2012 amounted to 49.07% (Voting) and 79.11.%(non-voting) of stated capital.8. Directors’ shareholdingThe directors’ shareholdings are as follows:2012 2011As at 30-06-2012 As at 30-6-2011Voting Non-voting Voting Non VotingMrs. I.R. Rajiyah 270 22 270 22Dr S.R.Rajiyah 1488 124 1488 124Dr & Mrs. I.R.Rajiyah (Jt) 36 3 36 3Mr. S.V.Rajiyah 65,546 2857 65,546 2857Mr. C.J.De.S.Amaratunge 3,805 285 3,805 285Mr. S.Vasanthakumara - - - -Mr. L.M.Abeywickrama - - - -Mr T.K.Bandaranayake - - - -9. Post Balance Sheet EventsThere are no material events that have taken place subsequent to 30 th June 2012 which require disclosure oradjustment.10. Contingent liabilitiesThere is no change in the nature of the contingent assets or liabilities as at 30 th June 2012 as compared to thecontingent liabilities & assets which were disclosed in the Accounts for the year ended 31 st March 201211. Other IncomeThis mainly consists of interest income and from mark to market valuation of short term investments.6

CORPORATE INFORMATIONName of CompanyCoco Lanka PLC(A Renuka Holdings PLC Company)Registration No.PQ 216Legal FormQuoted Public Company With Limited LiabilitySubsidiariesRenuka Agri Foods PLCCoco Hotels & Properties (Pvt) LtdActivityHolding and Managing an Investment PortfolioBoard Of Directors - CompanyDr S.R.Rajiyah (Chairman)Mrs I.R.RajiyahMr C.J.De.S.AmaratungeMr S.V.RajiyahMr L.M.AbeywickramaMR T.K.BandaranayakeMr S.Vasantha KumaraCompany SecretariesRenuka Enterprises (Pvt) LtdRegistrarsS.S.P.Corporate Services (Pvt) Ltd546 Galle Road,Colombo 3.Registered Office“Renuka House”69 Sri Jinaratana Road,Colombo 2Telephone: 00941-11-2314750-5Fax: 00941 11-2445549Email: info@renukagroup.comPostal AddressP.O.Box 1403, ColomboStock Exchange ListingColombo Stock ExchangeInvestment CommitteeDr S.R.Rajiyah (Chairmen)Mrs I.R.RajiyahMr S.V.RajiyahMr L.M.AbeywickramaMr S.Vasantha KumaraAudit CommitteeMr T.K.Bandaranayake (Chairman)Mr C.J.De.S.AmaratungeMr L.M.AbeywickramaRemuneration CommitteeMr C.J.De.S.Amaratunge (Chairman)Mr L.M.AbeywickramaMr S.VasanthakumaraAuditorsKPMG Ford Rhodes & Thornton CoChartered AccountantsLegal ConsultantDissanayake & Amaratunge AssociatesAttorney’s at Law, Solicitor & NotaryPublicBankersNational Development Bank PLCCommercial Bank of Ceylon PLC8