THE COLOMBO FORT LAND & BUILDING PLC

Company No. PQ 172

INTERIM FINANCIAL STATEMENTS

For The Period Ended

30th September 2022
 THE COLOMBO FORT LAND & BUILDING PLC
Company No. PQ 172

Table of Contents Page No.

Statement of Comprehensive Income - Group 1

Statement of Comprehensive Income - Company 2

Statement of Financial Position 3

Statement of Changes in Equity 4

Statement of Cash Flows 5

Segmental Information 6-7

Notes to the Financial Statements 8-9

Corporate Information 10
 THE COLOMBO FORT LAND & BUILDING PLC
Company No. PQ 172

STATEMENT OF COMPREHENSIVE INCOME - GROUP

(Unaudited) (Unaudited) (Unaudited) (Unaudited)

Quarter Quarter Six months Six months
ended ended ended ended Variance
30.09.2022 30.09.2021 30.09.2022 30.09.2021 %
Rs.'000 Rs.'000 Rs.'000 Rs.'000

Revenue 20,223,685 12,195,001 + 66 38,160,648 24,094,008 + 58

Cost of Sales (14,315,879) (10,180,391) - 41 (26,640,472) (19,808,125) - 34

Gross Profit 5,907,806 2,014,610 + 193 11,520,176 4,285,883 + 169

Other Income / (Expenses) 909,290 437,610 + 108 741,846 780,796 - 5

-
Distribution Costs (1,038,881) (618,066) - 68 (2,036,016) (1,268,554) - 60
Administration Expenses (1,408,510) (893,367) - 58 (2,731,944) (1,937,499) - 41
Financing Cost (1,225,283) (576,023) - 113 (3,060,765) (1,161,518) - 164
Share of Results of Associates 40,251 (3,043) + 1,423 19,831 15,318 + 29
Share of Results of Joint Venture 13,608 (16,472) + 183 (36,595) (37,160) + 2
Profit before Tax Expense 3,198,281 345,249 + 826 4,416,533 677,266 + 552
Tax Expense (327,741) (79,587) - 312 (547,461) (171,690) - 219

Profit / (Loss) for the period 2,870,540 265,662 + 981 3,869,072 505,576 + 665

Financial assets at Fair value through Other

Comprehensive Income
- Net change in fair value 223,271 (125,287) + 278 104,441 (147,368) + 171
Actuarial Gain /Losses on Defined Plan (4,148) (7,369) + 44 (8,512) (9,456) + 10
Revaluation of Land - 50,000 - 100 - 50,000 - 100
Share of Results of Associate 399,248 (32,115) + 1,343 395,933 (14,624) + 2,807
Tax on Other Comprehensive Income (19,289) - - - (19,289) - - -
Exchange Differences on Translation of Foreing Operations - - - -
Total Comprehensive Income For The Period 3,469,621 150,891 + 2,199 4,341,646 384,128 + 1,030

Profit Attributable to
Equity Holders of the Parent 1,647,774 98,721 + 1,569 2,019,098 188,878 + 538
Non -Controlling Interest 1,222,766 166,940 + 632 1,849,974 316,698 + -
2,870,540 265,662 + 981 3,869,072 505,576 + 665

Total Comprehensive Income Attributable

Equity Holders of the Parent 2,167,452 (45,953) + 4,817 2,463,898 87,209 + 2,725
Non -Controlling Interest 1,302,169 196,844 + 562 1,877,748 296,919 + 532
3,469,621 150,891 + 2,199 4,341,646 384,128 + 1,030

Earnings per Share (Rs.) 6.87 (0.30) + 2,389 8.41 0.80 + 952

2022/23 2nd Quarter Page 1

 THE COLOMBO FORT LAND & BUILDING PLC
Company No. PQ 172

STATEMENT OF COMPREHENSIVE INCOME - COMPANY

(Unaudited) (Unaudited) (Unaudited) (Unaudited)

Quarter Quarter Six months Six months
ended ended Variance ended ended Variance
30.09.2022 30.09.2021 % 30.09.2022 30.09.2021 %
Rs.'000 Rs.'000 Rs.'000 Rs.'000

Revenue 26,170 25,403 + 3 52,383 52,240 + 0

Cost of Sales - - - - - -

Gross Profit 26,170 25,403 + 3 52,383 52,240 + 0

Other Income 140,941 5,948 + 2,270 142,170 7,120 + 1,897

Distribution Costs - - - - - - - -
Administration Expenses (20,050) (15,647) - 28 (38,841) (31,164) - 25
Other Expenses (7,206) (2,998) - 140 (7,771) (3,000) - 159
Net Finance Cost (6,438) (9,546) + 33 (14,996) (11,417) - 31

Profit before Tax Expense 133,417 3,160 + 4,122 132,945 13,779 + 865
Tax Expense (11,290) (3,230) - 250 (11,593) (3,230) - 259

Profit / (Loss) for the period 122,127 (70) + 174,567 121,352 10,549 + 1,050

Other Comprehensive Income

Financial assets at Fair value through Other Comprehensive Income - Net

change in fair value 1,893 1,159 + 63 102 2,180 - 95
Total Comprehensive Income For The Period 124,020 1,089 + 11,288 121,454 12,729 + 854

Earnings per Share (Rs.) 0.51 - + - 0.51 0.04 + 1,175

2022/23 2nd Quarter Page 2

 THE COLOMBO FORT LAND & BUILDING PLC
Company No. PQ 172

STATEMENT OF FINANCIAL POSITION

Group Company Group Company
(Audited) (Audited) (Unaudited) (Unaudited) (Unaudited) (Unaudited)
As at As at As at As at As at As at
31.03.2022 31.03.2022 30.09.2022 30.09.2021 30.09.2022 30.09.2021
Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000

ASSETS
Non - Current Assets
23,098,939 5,441 Property, Plant & Equipment 21,288,603 20,896,926 6,726 7,136
791,084 - Leasehold Properties 2,979,422 793,608 - -
2,819,176 799,850 Investment Properties 2,780,614 2,813,815 798,124 801,570
697,615 - Right to use of Assets 712,463 652,142 - -
3,133,550 - Biological Assets 3,133,939 2,952,534 - -
702,250 - Intangible Assets 791,538 586,355 - -
- 1,546,237 Investments in Subsidiaries - - 1,546,507 1,553,657
366,940 97,989 Investments in equity accounted investees 782,358 417,538 103,364 97,989
163,547 - Investment in Joint Venture 126,951 253,986 - -
654,571 5,087 Other Investments 587,322 818,425 5,190 5,467
84,560 - Employee Benefits 10,107 - - -
557,554 - Deferred Tax Assets 589,531 749,053 - -
33,069,786 2,454,604 33,782,848 30,934,382 2,459,911 2,465,819
Current Assets
9,146,007 - Inventories 13,317,160 7,644,038 - -
9,534,143 36,528 Trade and Other Receivables 11,372,360 8,230,359 44,067 33,005
Fair Value gain on growing produce of
18,692 - bearer Biological Assets 18,693 15,382 - -
47,495 198,767 Amounts Due from Related Parties 50,089 146,148 311,127 149,217
- 403,600 Loans Given to Related Parties - - 436,650 342,500
89,443 - Income Tax Recoverable 85,318 99,897 - -
918,678 2,245 Other Investments 1,048,307 1,369,089 2,044 3,273
2,924,453 33,895 Bank & Cash Balances 1,957,796 1,907,334 49,587 178,128
22,678,911 675,035 27,849,723 19,412,247 843,475 706,123
30,000 - Assets Held for Sale 30,000 60,000 - -

55,778,697 3,129,639 Total Assets 61,662,571 50,406,629 3,303,386 3,171,942

EQUITY AND LIABILITIES

Equity Attributable to Equity Holders of the Parent
927,000 927,000 Stated Capital 927,000 927,000 927,000 927,000
20,058 10,000 Capital Reserves 20,058 20,058 10,000 10,000
2,966,249 1,221,919 Revenue Reserves 5,400,576 2,153,827 1,343,374 971,290
3,913,307 2,158,919 6,347,634 3,100,885 2,280,374 1,908,290
4,644,964 - Non- Controlling interest 5,974,447 3,865,728 - -
8,558,271 2,158,919 Total Equity 12,322,081 6,966,612 2,280,374 1,908,290

Non - Current Liabilities

10,217,894 195,312 Loans and Borrowings 12,213,241 10,563,899 187,500 210,937
525,750 - Deferred Income - Capital Grants 516,705 522,077 - -
2,086,266 162,519 Deferred Tax Liabilities 2,335,850 2,006,489 162,803 179,768
3,005,714 - Employee Benefits 2,980,517 4,113,477 - -
- - Rent Received in Advance 12,172 15,025 - -
15,835,624 357,831 18,058,485 17,220,967 350,303 390,705
Current Liabilities
11,895,651 35,640 Trade & Other Payables 10,257,625 10,027,775 35,518 44,165
570,386 470,484 Amounts Due to Related Parties 145,550 357,246 507,938 565,643
15,474,214 41,250 Loans and Borrowings 16,526,801 12,409,638 36,250 75,777
8,765 8,765 Rent Received in Advance 24,944 8,765 24,944 8,765
503,871 56,750 Income Tax Payables 680,549 311,243 68,059 48,028
2,931,915 - Bank Overdraft 3,646,536 3,104,383 - 130,569
31,384,802 612,889 31,282,005 26,219,050 672,709 872,947
47,220,426 970,720 Total Liabilities 49,340,490 43,440,017 1,023,012 1,263,652

55,778,697 3,129,639 Total Equity and Liabilities 61,662,571 50,406,629 3,303,386 3,171,942

16.31 9.00 Net Asset per Share (Rs.) 26.45 12.92 9.50 7.95

The Board of Directors are responsible for the preparation and presentation of these financial statements.
For and on behalf of the Board.

(Sgd.) (Sgd.)
S.D.R. Arudpragasam P. M. A. Sirimane
Chairman Group Finance Director

Date : 11th November 2022

2022/23 2nd Quarter Page 3
 THE COLOMBO FORT LAND & BUILDING PLC
Company No. PQ 172
STATEMENT OF CHANGES IN EQUITY
Group
Equity Attributable to Equity Holders of the Parent
Stated Prop.Dev. Capital FVOCI General Foreign Currency Revaluation Accumulated Total Non-controlling Total
capital Reserve Reserve fund Reserves Reserve Translation Reserve Reserve Profit/(Loss) Interest Equity
Rs. '000 Rs. '000 Rs. '000 Rs. '000 Rs. '000 Rs. '000 Rs. '000 Rs. '000 Rs. '000 Rs. '000 Rs. '000

Balance as at 01.04.2022 927,000 15,190 4,868 1,127,472 84,453 (11,377) 3,879,310 (2,113,609) 3,913,308 4,644,964 8,558,271

Shares Issued - - - - - - - - - - -

Profit for the Period - - - - - - - 2,019,098 2,019,098 1,849,974 3,869,072

Other Comprehensive Income - - - 67,907 - - - 376,893 444,800 27,774 472,574

Effect of Disposal and change in holding in Subsidiaries - - - - - - - (29,571) (29,571) (284,179) (313,750)

Subsidiary Dividend to Minority Shareholders - - - - - - - - - (264,086) (264,086)

Balance as at 30.09.2022 927,000 15,190 4,868 1,195,379 84,453 (11,377) 3,879,310 252,811 6,347,635 5,974,447 12,322,081

Balance as at 01.04.2021 730,368 15,190 4,868 1,122,823 84,453 (10,799) 2,611,347 (1,741,206) 2,817,044 3,706,309 6,523,353

Shares Issued 196,632 - - - - - - - - - 196,632

Profit for the Period - - - - - - - 188,878 188,878 316,698 505,576

Other Comprehensive Income - - - (314,496) - - - 212,826 (101,670) (19,778) (121,448)

Subsidiary Dividend to Non-Controlling Interest - - - - - - - - - (137,501) (137,501)

Balance as at 30.09.2021 927,000 15,190 4,868 808,327 84,453 (10,799) 2,611,347 (1,339,502) 2,904,252 3,865,727 6,966,612

Company
Stated Prop.Dev. General FVOCI Accumulated Total
capital Reserve Reserve Reserve Profit/(Loss)
Rs. '000 Rs. '000 Rs. '000 Rs. '000 Rs. '000 Rs. '000

Balance as at 01.04.2022 927,000 10,000 501 4,745 1,216,673 2,158,919

Profit for the period - - - - 121,353 121,353

Remeasuring of other non-current financial assets - - - 102 - 102

Balance as at 30.09.2022 927,000 10,000 501 4,847 1,338,026 2,280,374

Balance as at 01.04.2021 730,368 10,000 501 2,957 955,103 1,698,929

Shares Issued 196,632 - - - - 196,632

Profit for the Period - - - - 10,549 10,549

Remeasuring of other non-current financial assets - - - 2,180 - 2,180

Balance as at 30.09.2021 927,000 10,000 501 5,137 965,652 1,908,290

2022/23 2nd Quarter Page 4

 THE COLOMBO FORT LAND & BUILDING PLC
Company No. PQ 172

STATEMENT OF CASH FLOWS

Group Company
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
For the Period ended 30th September, 2022 2021 2022 2021
Rs.'000 Rs.'000 Rs.'000 Rs.'000
Cash Flows from Operating Activities
Profit before Tax Expense 4,416,533 677,266 132,945 13,779
Adjustments for :
Depreciation and Amortisation 693,671 637,973 3,427 3,418
(Profit) / Loss on Disposal of Property Plant & Equipment (23,261) (26,866) - -
(Profit) / Loss on Disposal of Long/Short-Term Investments (108,139) (306,116) - -
Impairment of Goodwill - - - -
Share of Results of equity accounted investees (19,831) (15,318) - -
Share of Results of results of Joint Venture 36,595 37,160 - -
Rental Income (15,872) (15,412) - -
Dividend Income (278,803) (202,589) (138,056) (5,205)
Interest Expenses 2,292,043 1,089,666 57,205 29,084
Interest Income (452,986) (168,641) (42,208) (17,667)
Defferred Income (6,757) (6,626) (15,872) (15,412)
Impairment Loss on Trade & Other Receivables 31,882 28,692 - -
Impairment Loss on Related Party Receivables 7,462 7,474 7,462 2,962
Reversal of Provision for Bad Debts on Trade Receivables - - - -
Provision for Obsolete Stocks 41,102 288,768 - -
Provision for Retirement Gratuity 314,261 - - -
Change in Fair Value of Financial Assets at FVTPL - - - (78)
Change in Fair Value of Biological Asset - - - -
Gain / (Loss) on Disposal of Investments in Subsidiaries and Associates - - - 36
Provision for / (Reversal of) Impairment in Value of Investments - - 308 -
Other Provisions - 20,588 - -
Amortisation of Capital Grants (4,130) - - -
Gain / (Loss) on translation of Foreign Currency 788,603 59,473 - -

Profit before Working Capital Changes 7,712,373 2,105,492 5,211 10,917

(Increase)/ Decrease in Inventories (4,171,153) 275,183 - -
(Increase) / Decrease in Trade and other Receivable (1,838,217) 54,195 (17,523) 316
(Increase) / Decrease in Amounts due from Related Parties (2,594) 18,205 (119,822) (21,684)
Increase / (Decrease) in Trade and other Payables (1,638,026) (2,060,618) (121) 5,830
Increase / (Decrease) in Amounts due to Related Parties (424,836) (595,424) 41,454 50,730
Cash generated from Operations (362,453) (202,967) (90,801) 46,109
Gratuity Paid (537,623) (25,718) - -
Taxes Paid (339,974) (322,055) - -
Interest Paid (2,181,402) (979,146) (57,205) (28,989)
Rent Received 32,051 14,117 32,050 15,854
Net cash generated from/(used in) Operating Activities (3,389,401) (1,515,769) (115,956) 32,974

Cash Flows from Investing Activities

Acquisition of Property, Plant & Equipment (477,602) (1,022,273) (2,983) (171)
Acquisition of Intangible Assets - - - -
Proceeds from Disposal of Property, Plant & Equipment 25,840 666,897 -
(Acquisition)/Disposal of Subsidiaries and Associates - (270) (330,099)
(Acquisition)/Disposa of Financial Assets at FVTPL 115,435 (3,560) - -
(Acquisition) / Disposal of Other Short Term Investments - - (107) -
Loans Given to Related Parties - - (33,050) 37,400
Interest Received 69,631 34,539 42,034 17,619
Dividend Received 278,803 202,589 142,837 2,922
Net cash generated from/(used in) Investing Activities 12,107 (121,808) 148,461 (272,329)

Cash Flows from Financing Activities

Receipts of Loans and Leases 3,707,675 4,518,238 - 250,000
Increase/(Decrease) in Loan to Related Parties - - (4,000) (194,100)
Proceeds from Rights Issue 262,006 556,983 - -
Proceeds from Share Issue - 196,632 - 196,632
Repayment of Loans and Leases (2,011,421) (3,042,154) (12,813) (9,079)
Redemption of Debenture - (57,816) - -
Capital / Lease Grants Received 1,843 6,384 - -
Dividend Paid by Non Controlling Interests (264,086) - - -
Increase/(Decrease) in Other Short-Term Loans - -
Dividend Paid - - - -
Net cash generated from/(used in) Financing Activities 1,696,016 2,178,267 (16,813) 243,453
Net Increase in Cash & Cash Equivalents (1,681,278) 540,690 15,692 4,098
Cash & Cash Equivalents at the beginning of the year (7,462) (1,737,739) 33,895 43,461
Cash & Cash Equivalents at the end of the period (1,688,740) (1,197,049) 49,587 47,559

2022/23 2nd Quarter Page 5

 THE COLOMBO FORT LAND & BUILDING PLC
Company No. PQ 172

SEGMENTAL INFORMATION
Information based on primary segments (Business Segments)

Segment Revenue
Segment Revenue Inter Segment Total Revenue
For the Period ended 30th September, 2022 2021 2022 2021 2022 2021
Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000
Trading of Consumer Products 25,501,939 15,784,644 (5,378,568) (3,030,602) 20,123,371 12,754,042
Trading of Industrial Products 10,279,689 6,287,211 (155,596) (50,472) 10,124,093 6,236,739
Leisure 381,656 249,809 53,675 6,000 435,331 255,809
Plantations 6,590,004 4,282,569 15,000 32,500 6,605,004 4,315,069
Others 989,066 645,777 (116,217) (113,428) 872,849 532,349
43,742,354 27,250,010 (5,581,706) (3,156,002) 38,160,648 24,094,008

Profit / (Loss) Attributable to

Equity Holders Non- Controlling interest Total
For the Period ended 30th September, 2022 2021 2022 2021 2022 2021
Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000
Trading of Consumer Products 374,835 195,735 738,655 293,770 1,113,490 489,505
Trading of Industrial Products 1,182,059 42,669 398,306 57,605 1,580,365 100,274
Leisure (310,898) (97,553) (275,238) (65,714) (586,136) (163,267)
Plantations 642,777 (15,845) 932,405 22,703 1,575,182 6,858
Others 130,325 63,873 55,846 8,333 186,171 72,206
2,019,098 188,878 1,849,974 316,698 3,869,072 505,576

2022/23 2nd Quarter Page 6

 THE COLOMBO FORT LAND & BUILDING PLC
Company No. PQ 172

SEGMENTAL INFORMATION
Information Based on Primary Segments (Business Segments)
Segment Results

Operating Profit Finance Cost Profit before Tax Tax Expense Profit/ (Loss) for the Year
For the Period ended 30th September, 2022 2021 2022 2021 2022 2021 2022 2021 2022 2021
Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000
Trading of Consumer Products 2,910,169 987,918 (1,476,039) (382,511) 1,434,130 605,407 (320,640) (115,902) 1,113,490 489,505
Trading of Industrial Products 2,461,241 464,102 (722,811) (329,667) 1,738,431 134,435 (158,066) (34,161) 1,580,365 100,274
Leisure (194,521) (86,229) (385,773) (75,484) (580,294) (161,713) (5,842) (1,554) (586,136) (163,267)
Plantations 2,005,888 349,540 (430,496) (342,682) 1,575,392 6,858 (210) - 1,575,182 6,858
Others 294,520 123,453 (45,646) (31,174) 248,874 92,279 (62,703) (20,073) 186,171 72,206
7,477,298 1,838,784 (3,060,765) (1,161,518) 4,416,533 677,266 (547,461) (171,690) 3,869,072 505,576

2022/23 2nd Quarter Page 7

 THE COLOMBO FORT LAND & BUILDING PLC
Company No. PQ 172

NOTES TO THE FINANCIAL STATEMENTS

01) The accounting policies and methods of computation are consistent with those accounting policies and methods set out in the audited
financial statements for the year ended 31st March 2022.

02) The balances pertaining to the comparative period have been reclassified, where relevant, for better presentation and to be comparable with
those of the current period.

03) There has been no significant change in the nature of the contingent liabilities which were disclosed in the audited financial statements for
the year ended 31st March 2022.

04) No circumstances have arisen since the reporting period, that require adjustments to or disclosures in the financial statements.
05) Lankem Devleopment PLC
Lankem Development PLC has divested its entire holding of 56.41 % represented by 4,400,000 shares in its subsidiary Waverly Power
(Private) Limited to Agarapatana Plantations Limited, a subsidiary company, for a consideration of Rs. 244.8Mn.

In addition to the aforesaid investment, Agarapatana Plantations Limited has acquired the balance holding of 43.59% represented by
3,400,000 shares from Lankem Ceylon PLC for a consideration of Rs. 189.2Mn.

06) Lankem Ceylon PLC

Disposal of Associate
During the Quarter, the Company has divested its entire holding of 43.59% represented by 3,400,000 shares in its associate company,
Waverly Power ( Pvt) Ltd to Agarapatana Plantations Ltd for a consideration of Rs. 189.2Mn.

Change in the effective Holding of Subsidiary

Majority of the Board of Directors of ACME Printing and Packaging PLC (ACME) are represented by the Directors of Lankem Ceylon PLC
(Company). The power to cast the majority of votes at meetings of the Board of Directors of ACME, therefore remains with the Company.
Though the Company’s equity stake in its subsidiary ACME was reduced to 25.1% as it did not subscribe to the Rights Issue of shares, the
Company acting in concert with E.B.Creasy & Company PLC, holds 82.72% of shares in ACME after the Rights Issue.

07) The figures in the Financial Statements are provisional and subject to audit.

08) Share Information

As at 30th September 2022 2021

Stated Capital (Rs.'000') 927,000 927,000

Number of Ordinary Shares (Voting) Issued 240,000,000 240,000,000

09) Market Price Per Share for the Quarter ended 30.09.2022 30.09.2021
Rs. Rs.
- Highest 32.90 15.70
- Lowest 9.20 13.00
- Last Traded Price 30.00 13.80

2022/23 2nd Quarter Page 8

 THE COLOMBO FORT LAND & BUILDING PLC
Company No. PQ 172

NOTES TO THE FINANCIAL STATEMENTS

10) Directors direct shareholdings as at 30th September 2022

Name of Director No. of Shares

Mr. A. M. de S. Jayaratne 200,666
Mr. C. P. R. Perera 10,000
Mr. S. Rajaratnam 2,225,000

11) The percentage of shares held by the public as at 30th September 2022 was 33.31%.

12) The number of Public Shareholders as at 30th September 2022 were 2,626.

13) The applicable option under Colombo Stock Exchange Rule 7.14.1 on Minimum Public Holding is Option 5 and the Float Adjusted Market
Capitalization as at 30th September 2022 was Rs.2,382.33 Million.

14) The twenty major Shareholders as at 30th September 2022 were as follows:

Name of Shareholders No. of Shares %

1. Property & Investment Holdings (Pvt) Ltd 40,153,059 16.73
2. Colombo Investment Trust PLC 31,149,717 12.98
3. Financial Trust Limited 27,124,363 11.30
4. Colombo Fort Investments PLC 26,863,895 11.19
5. Capital Investments Ltd 23,084,375 9.62
6. Sampath Bank PLC / Dr. T. Senthilverl 15,410,442 6.42
7. Corporate Holdings (Pvt) Ltd A/c No.02 9,099,080 3.79
8. Seylan Bank PLC / Mr. A. Sithampalam 5,700,000 2.38
9. Corporate Holdings (Pvt) Ltd A/c No.01 5,185,945 2.16
10. Union Investments (Pvt) Ltd 4,300,000 1.79
11. Cargills Bank Limited / Senthilverl Holdings (Pvt) Ltd 2,843,955 1.18
12. Mr. S. Rajaratnam 2,225,000 0.93
13. Jacey Trust Services (Private) Limited - Account No.01 1,858,500 0.77
14. Ms. A. Radhakrishnan 1,800,000 0.75
15. Ms. M.P. Radhakrishnan 1,800,000 0.75
16. Mr. N. Perera 1,585,000 0.66
17. C M Holdings PLC 1,500,000 0.63
18. Hatton National Bank PLC / Mr.Anushman Rajaratnam 1,429,601 0.60
19. Sampath Bank PLC / Mr. A. Sithampalam 1,175,066 0.49
20. Mr.A. Sithampalam 1,011,000 0.42
Total 205,298,998 85.54

2022/23 2nd Quarter Page 9

 THE COLOMBO FORT LAND & BUILDING PLC
Company No. PQ 172

CORPORATE INFORMATION

Board of Directors Name of the Company

S.D.R. Arudpragasam (Chairman) The Colombo Fort Land & Building PLC
FCMA (U.K)
(Appointed Chairman with effect from 1st July,2022) Legal Form
A Quoted Company with limited liability,
C.P.R. Perera ( Deputy Chairman) incorporated under the provisions of the Joint Stock
(Appointed Deputy Chairman with effect from 1st July, 2022) Companies Ordinance 1861 & 1888 on 30th April,
1895 and re-registered under the Companies Act
A. Rajaratnam (Former Chairman) No.07 of 2007 on 3rd July, 2008.
FCA
(Relinquished office of Chairman with effect from 30th June, 2022)
Company No.
Anushman Rajaratnam (Group Managing Director) PQ 172
B.Sc (Hons), CPA, MBA
Registered Office
A.M. de S. Jayaratne No. 8-5/2, Leyden Bastian Road,
B.Sc.(Econ.), FCA (Eng. and Wales), FCA (ICASL) York Arcade Building,
Colombo 1.
R. Seevaratnam Tel: 011 - 2344485 - 9
B.Sc.(Lond.), FCA (Eng. and Wales), FCA (ICASL)
Stock Exchange Listing
P. M. A. Sirimane (Group Finance Director) The ordinary shares of the Company are listed
FCA, MBA on the Colombo Stock Exchange of Sri Lanka.

S. Rajaratnam Bankers
B.Sc., CA Commercial Bank of Ceylon PLC
Standard Chartered Bank
Hatton National Bank PLC
Indian Bank
Sampath Bank PLC

Auditors
Messrs. KPMG
Chartered Accountants

Legal Advisers
Messrs. Julius & Creasy
Attorneys-at-Law

Tax Advisers
Messrs. KPMG
Chartered Accountants

Managers & Secretaries

Corporate Managers & Secretaries (Private) Limited
No. 8-5/2, Leyden Bastian Road,
York Arcade Building,
Colombo 1.
Tel: 011 - 2344485 - 9

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