Group Structure
|
Commercial Development Co. PLC |
ONEzero Co. Ltd. |
Commex Sri Lanka S.R.L - Italy |
Indra Finance Ltd.* |
Equity Investments Lanka Ltd. |
Commercial Insurance Brokers (Pvt) Ltd. |
|
| Company Profile | ||||||
| Relationship to the Bank |
Subsidiary |
Subsidiary |
Subsidiary |
Subsidiary |
Associate |
Associate |
| Incorporated in |
March 14, 1980 in Sri Lanka |
February 17, 2003 in Sri Lanka |
December 02, 2008in Italy |
February 18, 1987 in Sri Lanka |
August 08, 1990 in Sri Lanka |
August 17, 1987 in Sri Lanka |
| Bank’s Holding |
94.55% |
100% |
100% |
100% |
22.92% |
18.91% |
| Principal Business Activities |
Property Development |
Provision of IT Related Services |
Money Transfer and Money Exchange |
Leasing & Hire Purchase Financing
|
Venture Capital Financing |
Insurance Brokering |
| Business Address |
‘Commercial House’, No. 21, Sir Razik Fareed Mawatha, Colombo 01. |
‘Commercial House’,No. 21, Sir Razik Fareed Mawatha,Colombo 01. |
Via Venti Settembre, 98/ G, Rome, Italy |
No. 187, Katugastota Road, Kandy |
108 A, 1st Floor, Maya Avenue, Colombo 06. |
No. 347, Dr. Colvin R. De Silva Mawatha, Colombo 02. |
| Contact Numbers |
2447300 |
2430420 |
+39 06 48905707 |
081 2213498, 081 2200272 |
5373745, 2507605-6 |
2447297, 2447299 |
| Board of Directors | ||||||
| Chairman |
B.R.L. Fernando |
Prof. U.P. Liyanage |
K.G.D.D. Dheerasinghe |
K.G.D.D. Dheerasinghe |
M.J.C. Amarasuriya |
M.P. Jayawardena |
| Managing Director/CEO |
J. Durairatnam |
K.S.A. Gamage (Resigned on 19.01.2015) |
M.E.P. Perera |
A.J.D. Samarasinghe |
H.A. Pieris |
R.A.M. Seneviratne |
| Director |
A.L. Gooneratne |
K.D.N. Buddhipala |
S.M.R.J. Rodrigo |
Ms. J.K. Kuruppu |
Deshamanya S E Captain |
D.M.D.K. Thilakaratne |
| Director |
A.T.P. Edirisinghe |
A.R.M. Muttiah |
Prof. Francesco Bellini |
S.R. Pushpakumara |
J.D. Peiris |
P.D.J. Fernando |
| Director |
L.D.A. Jayasinghe |
M.E.P. Perera |
A.N. Sooriyarachchi |
J.B. Adu Baker |
U.I.S. Tillakawardana |
|
| Director |
U.I.S. Tillakawardana |
Y.S.H.R.S. Silva |
W.I. Arambage |
S.P.S. Ranatunga |
||
| Director |
S.G. Rajakaruna |
L.A. Rajapakse (Alternate Director) |
||||
| Company Secretary |
L.W.P. Indrajith |
M.P. Dharmasiri |
Antonia Coppola(Commercialista) |
R.A.P. Rajapaksha |
Mrs. R.R. Dunuwille |
Ms. Y.A. Kularathna |
Summary of Financial Information
| 2014 | 2013 | 2014 | 2013 | 2014 | 2013 | 2014 | 2013 | 2014 | 2013 | 2014 | 2013 | |
| Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | |
| Total assets | 1,873.596 | 1,606.863 | 91.303 | 79.634 | 29.700 | 33.497 | 1,983.895 | - N/A - | 323.297 | 272.417 | 242.509 | 256.878 |
| Total liabilities | 344.512 | 304.697 | 31.389 | 24.915 | 65.537 | 64.980 | 1,441.207 | - N/A - | 7.730 | 8.000 | 62.253 | 78.687 |
| Net assets | 1,529.084 | 1,302.166 | 59.914 | 54.719 | (35.837) | (31.483) | 542.688 | - N/A - | 315.567 | 264.417 | 180.256 | 178.191 |
| Total revenue | 275.997 | 266.024 | 128.107 | 99.943 | 6.559 | 3.637 | 139.835 | - N/A - | 39.701 | 26.652 | 189.420 | 188.635 |
| Profit before tax | 341.904 | 201.157 | 42.060 | 23.597 | (42.990) | (25.462) | 39.667 | - N/A - | 20.042 | 8.193 | 15.362 | 27.639 |
| Profit after tax | 275.434 | 151.401 | 30.286 | 17.032 | (42.990) | (25.462) | 26.684 | - N/A - | 22.288 | 7.976 | 7.693 | 17.792 |
| Dividend (per share) (Rs.) | 4.00 | 4.00 | 50.00 | 50.00 | – | – | – | – | – | – | 7.50 | 6.00 |
* Acquired on September 01, 2014.