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Introducing the Report

This integrated Annual Report communicates 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 approach to reporting we have adopted balances the need to communicate effectively through concise, relevant information (to a large and diverse stakeholder group), while at the same time providing comprehensive compliance-related disclosures (that would interest only a few). Our Annual Report thus is presented in two primary formats.

Report boundary and compliance

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 Report covers the 12-month period 1 January to 31 December 2018 and is consistent with our usual annual reporting cycle for financial and sustainability reporting.

The information contained herein, as in the past, is in compliance with all applicable laws, regulations, and standards.

In preparing this Report we have drawn on concepts, principles and guidance given in the following where applicable:

  • Global Reporting Initiative (GRI) Sustainability Reporting Guidelines GRI Standards
  • International Integrated Reporting Framework (IIRC)
  • Smart Integrated Reporting Methodology™

Precautionary principle

The Company applies a stringent precautionary principle with regards to social and environmental sustainability. We are highly cognisant that our operations cause reciprocal impacts on society and the environment, and we take all necessary actions to
alleviate such risks.

Queries

We welcome your comments or questions on this Report.
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