Statement of Financial Position

(All amounts in Sri Lanka rupees million)

		Group		Company
As at 31 December	Notes	2017	2016	2017	2016
Assets
Non-current assets
Property, plant and equipment	13	117,035	108,649	91,453	81,524
Intangible assets and goodwill	14	7,861	3,713	1,067	879
Investments in associates	15	28	–	28	–
Investments in subsidiaries	16	–	–	14,206	14,220
Deferred tax assets	23	84	51	–	–
Other receivables	18	3,150	3,033	3,127	3,021
Total non-current assets		128,158	115,446	109,881	99,644
Current assets
Inventories	19	3,161	1,585	2,228	1,146
Trade and other receivables	20	20,731	18,287	17,854	16,162
Current tax receivable		1,035	146	1,035	146
Other investments	17	1,844	764	1,780	705
Cash and cash equivalents	21	4,277	6,682	796	314
Total current assets		31,048	27,464	23,693	18,473
Total assets		159,206	142,910	133,574	118,117
Equity
Stated capital	29	18,049	18,049	18,049	18,049
Insurance reserve	27	691	680	691	680
Retained earnings		52,569	49,858	40,480	40,271
Equity attributable to equity holders of the Company		71,309	68,587	59,220	59,000
Non-controlling interest		95	91	–	–
Total equity		71,404	68,678	59,220	59,000
Liabilities
Non-current liabilities
Grants	28	3	9	3	9
Borrowings	22	14,920	14,859	14,492	13,809
Deferred income	24	2,239	2,340	2,208	2,297
Deferred tax liabilities	23	5,956	4,517	5,945	4,507
Employee benefits	26	4,355	4,538	3,719	3,984
Trade and other payables	25	2,444	2,743	532	252
Total non-current liabilities		29,917	29,006	26,899	24,858
Current liabilities
Borrowings	22	26,891	18,081	24,486	14,726
Deferred income	24	2,143	1,435	468	576
Current tax liabilities		401	413	–	–
Trade and other payables	25	28,450	25,297	22,501	18,957
Total current liabilities		57,885	45,226	47,455	34,259
Total liabilities		87,802	74,232	74,354	59,117
Total equity and liabilities		159,206	142,910	133,574	118,117

The Notes on pages 131 to 180 form an integral part of these Financial Statements.

I certify that these Financial Statements have been prepared in compliance with the requirements of the Companies Act No. 07 of 2007.

Udeni K Samararatne
Chief Financial Officer

The Board of Directors is responsible for the Financial Statements. These Financial Statements were approved by the Board of Directors on 29 March 2018.

Signed for and behalf of the Board,


P G Kumarasinghe Sirisena Chairman	A R Desapriya Director

29 March 2018