This Annual Report 2015 of Sri Lanka Telecom PLC is an integrated report. It communicates coherently and concisely the relationships and interdependence of the many aspects of our business - such as strategy, governance, performance and prospects - in the context of creating value over time.
The underlying concepts that provide the structure of our integrated reporting, are discussed in the section on Business Model, where we also explain the broader meaning of value creation and capital formation – a recurrent theme that runs throughout the Report.
In preparing this Report we have drawn on concepts, principles and guidance given in the following where applicable:
The overall boundary of this Annual Report comprises Sri Lanka Telecom PLC and its subsidiaries, duly identified as ‘SLT’ or the ‘Company’ individually, and ‘Group’ collectively. Consistent with the framework adopted in the previous year, key financial aspects are discussed in the context of the Company and the Group. SLT Group’s business is dominated by two principal segments, namely, fixed ICT operations and mobile ICT operations. Our Management Discussion and Analysis thus treats these two segments either separately or as one ‘ICT business’ as appropriate and duly identified as such.
This Annual Report 2015, covers the 12-month period 1 January to 31 December 2015 and is consistent with our usual annual reporting cycle for financial and sustainability reporting.
There are no significant changes from previous reporting periods in the scope and aspect boundaries. The most recent previous Annual Report, dated 27 February 2015, covered the 12-month period ending 31 December 2014. It is available on our website www.slt.lk.
The information contained in this Report, as in the past, is in compliance with all applicable laws, regulations and standards as well as guidelines for voluntary disclosures. Details are given in the section on corporate governance and the independent auditors’ report.
The Company applies the precautionary principle in relation to social and environmental sustainability. We are highly mindful of the impacts caused to society and environment by our actions and take necessary actions to mitigate such risks.
We welcome your comments or questions on this Report.
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