DIPPED PRODUCTS PLC / ANNUAL REPORT 2008—2009

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Glossary Accounting policies Specific principles, bases, conventions, rules and practices adopted by an enterprise in preparing and presenting Financial Statements. Borrowings Bank loans, overdrafts and finance lease obligations. Capital employed Total assets less interest free liabilities. Capital reserves Reserves identified for specific purposes and considered not available for distribution. Cash equivalents Liquid investments with original maturities of three months or less. Contingent liabilities Conditions or situations at the Balance Sheet date, the financial effect of which are to be determined by future events which may or may not occur. Current ratio Current assets divided by current liabilities. Dividend cover Post-tax profit divided by gross dividend. Measures the number of times dividend is covered by distributable profit. Dividend yield Gross dividend per share as a percentage of the market price. Earnings per share Profit attributable to ordinary shareholders divided by a weighted average number of ordinary shares in issue and ranking for dividend. Gross dividend Portion of profits inclusive of tax withheld distributed to shareholders. Net assets per share Shareholders’ funds divided by the number of ordinary shares issued. Operating profit margin Operating profit divided by Group turnover. Price earnings ratio Market price of a share divided by earnings per share. Related parties Parties who could control or significantly influence the financial and operating policies of the business. Return on equity Attributable profits divided by average shareholders’ funds. Revenue reserves Reserves considered as being available for distributions and investments. Segment Constituent business units grouped in terms of nature and similarity of operations. Total equity Share capital, reserves and minority interest. Value addition The quantum of wealth generated by the activities of the Group and its distribution. Working capital Capital required to finance the day-to-day operations (current assets minus current liabilities). D I P P E D P R O D U C T S P L C A N N U A L R E P O R T 2 0 0 8 – 2 0 0 9 75
Notice of Meeting DIPPED PRODUCTS PLC Company Number PQ60 NOTICE IS HEREBY GIVEN that the Thirty Third Annual General Meeting of Dipped Products PLC will be held at the Auditorium of The Institute of Chartered Accountants of Sri Lanka, No.30 A, Malalasekara Mawatha, Colombo 07, on Friday, June 26, 2009 at 3.00 p.m. and the business to be brought before the Meeting will be : 1. To consider and adopt the Annual Report of the Board and the Statements of Accounts for the year ended March 31, 2009, with the Report of the Auditor’s thereon. 2. To declare a dividend as recommended by the Directors. 3. To re-elect Mr F. Mohideen, who has been appointed by the Board, since the last Annual General Meeting, a Director. 4. To re-elect Mr K. A. L. S. Fernando, who has been appointed by the Board, since the last Annual General Meeting, a Director. 5. To re-elect Mr L. G. S. Gunawardena who has been appointed by the Board, since the last Annual General Meeting, a Director. 6. To re-elect, Mr N. B.Weerasekera, who retires by rotation at the Annual General Meeting, a Director. 7. To re-elect, Mr R. K. Witanachchi, who retires by rotation at the Annual General Meeting, a Director. 8. To authorise the Directors to determine contributions to charities. 9. To authorise Directors to determine the remuneration of the Auditors, Messrs. KPMG, Ford, Rhodes, Thornton & Company, who are deemed to have been re-appointed as Auditors in terms of Section 158 of the Companies Act No.7 of 2007. 10. To consider any other business of which due notice has been given. NOTE : (i). (ii). A shareholder is entitled to appoint a proxy to attend and vote instead of himself and a proxy need not be a shareholder of the Company. A Form of Proxy is enclosed for this purpose. The instrument appointing a proxy must be deposited at the Registered Office, No.400, Deans Road, Colombo 10 by 3.00 p.m. on June 24, 2009. It is proposed to post ordinary dividend warrants on July 3, 2009 and in accordance with the rules of the Colombo Stock Exchange, the shares of the Company will be quoted ex-dividend with effect from June 29, 2009. By Order of the Board DIPPED PRODUCTS PLC HAYLEYS GROUP SERVICES (PRIVATE) LIMITED Secretaries Colombo May 26, 2009 76 D I P P E D P R O D U C T S P L C A N N U A L R E P O R T 2 0 0 8 – 2 0 0 9
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DIPPED PRODUCTS PLC / ANNUAL REPORT
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For more details: visit : www.dpl-f
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Chairman’s Statement “Group tur
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INPUT MATERIALS AND IMPLEMENTS TO A
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Managing Director’s Review “The
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Managing Director’s Review “…
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Managing Director’s Review “KVP
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Managing Director’s Review “Our
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partnerships Our partnership with B
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technology 18 The high speed latex
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environment “Firstlight” cares
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Page 25 and 26: INPUT MATERIALS COMMUNITY CAPACITY
Page 27 and 28: Financial Calendar 2008/2009 Interi
Page 29 and 30: Annual Report of the Board Donation
Page 31 and 32: Annual Report of the Board Stock ma
Page 33 and 34: Corporate Governance Responsibiliti
Page 35 and 36: Corporate Governance Major transact
Page 37 and 38: Corporate Governance Level of compl
Page 39 and 40: Audit Committee Report Composition
Page 41 and 42: Income Statements For the year ende
Page 43 and 44: Statements of Changes in Equity Con
Page 45 and 46: Cash Flow Statements For the year e
Page 47 and 48: Accounting Policies 3.1.2 Associate
Page 49 and 50: Accounting Policies commercially fe
Page 51 and 52: Accounting Policies 5.2. Agents’
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Page 55 and 56: Notes to the Financial Statements 1
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Page 67 and 68: Notes to the Financial Statements A
Page 71 and 72: Ten Year Financial Review Gross Div
Page 73 and 74: The Share 1. Stock exchange listing
Page 75: The Share History of dividend and s
Page 79 and 80: Form of Proxy INSTRUCTIONS AS TO CO
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DIPPED PRODUCTS PLC / ANNUAL REPORT 2008—2009

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