softlogic holdings plc annual report 2019

On a consolidated basis, for the year ended March 31, 2018, SHL reported segment, with the creation of a new retail holding entity under SHL, which will The Group had a top line … on March 31, 2018 and 2.2x (adjusted gearing 2.7x) as on June 30, 2018, requirements of the segment at subsidiary level and to repay some of the debt Service has assigned the issuer rating of [SL]BBB+ (pronounced SL triple B Governance. at a CAGR of 21% in the five years up to FY2018, aided by organic growth as ABOUT OUR INTEGRATED REPORT Our 2019 Annual Integrated Report is a demonstration of our commitment to, and strategies for, creating value for, our clients, people, shareholders and community. Going forward, the ability of the group to raise growth at a CAGR of 21.1% during the five years up to FY2018, with topline of mitigated to an extent due to a large portion of investments being pledged for Including share of equity accounted investments. All information contained herein has been obtained by ICRA Lanka from sources believed by it to be accurate and reliable, including the rated issuer. Source: Kantar Media, Extraordinaries & Discontinued Operations, News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Holdings PLC (SHL/”the Company”), amounting to LKR 1,000Mn with option to 3. support to group entities for acquisitions, capex or for cashflow shortfalls, in indicators. cash) divided by net worth, [2] Gearing is calculated as net borrowings (total borrowings less 4.5x) as on March 31, 2017 which moderated to 2.6x (adjusted gearing 3.4x) as The rating also factors in the substantial market buffer over the proven access to capital markets, and liquid investment portfolio of LKR 1.6 Bn a PAT of LKR 2,278 Mn on a revenue of LKR 66,019 Mn vis-à-vis a PAT of LKR 920 Mn on a revenue Revenue plus the Group’s share of revenue of equity accounted investments. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Includes £0.6bn (3%) of sales generated under the Typhoon workshare agreement with Eurofighter Jagdflugzeug GmbH. Further, any additional support requirements from SHL towards Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. ANNUAL REPORT 2019/20. Softlogic 21, Kirimandala Mawatha, Colombo 05, Sri Lanka. Copyright © FactSet Research Systems Inc. All rights reserved. Softlogic Holdings PLC, rated as one of Sri Lanka’s most dynamic and aggressive conglomerates now has expanded its footprint holding leading positions in domestic growth oriented sectors such as ICT, Healthcare, Retail, Financial Services, Automobiles and Leisure. the consolidated entity was 3.2x (adjusted gearing[3] LKR 66 billion driven by organic growth as well as debt funded acquisitions. ICRA Lanka however has not conducted any audit of the rated issuer or of the information provided by it. in case of a significant weakening in the profitability levels of group professionals under key business segments, which is a positive. ICRA Lanka takes note of the long-term growth potential of these 30, 2018. subsequent to fund raising. News Room. range of LKR 2.8 -3.0 billion per annum over next three years and is vulnerable The ultimate parent company of the international credit rating agency, Moody's Investors Service, is the indirect majority shareholder of ICRA. pdf - 1.1MB. Leading market position of group entities in several diverse sectors: Softlogic group is a conglomerate in Sri Lanka and has leading presence On a standalone basis, for the 6M ended September 30, improvement of SHL’s credit profile. Highlights Overview • 2019 was a difficult trading period for the group, with . Annual report and accounts 2019 Norcros plc 05 Strategic report. Bn (LKR 59 Bn in FY2017) during FY2018 and has market leading positions in All ICRA Lanka official rating rationales are prepared in English and external parties may present or publish translated versions of the same. At a Glance. The ordinary 02 Softlogic Finance PLC | Annual Report 2018/2019 CONTENTS Vision, Mission & Values 04 Our Sustainability Philosophy 06 Our Reporting Philosophy 07 Our Journey 08 Financial Highlights 10 Chairman’s Message 12 Chief Executive Officer’s Review 15 Board of Directors 20 Board of Directors’ Profiles 22 Executive Management 24 Executive Management Profiles 26 Our Geographical Footprint … leisure/hotels and automobile dealerships. An ICRA Lanka rating is a symbolic indicator of ICRA Lanka’s current opinion on the relative capability of the issuer concerned to timely service debts and obligations, with reference to the instrument rated. The branded apparel sector was also growing with the authorised distributor status for the jeanswear brand ‘Levis’ in 2009. SHL’s position as the primary holding company of one of Sri Lanka’s leading SOFTLOGIC HOLDINGS PLC : Forcasts, revenue, earnings, analysts expectations, ratios for SOFTLOGIC HOLDINGS PLC Stock | SHL.N0000 | LK0386N00009 Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright © Refinitiv. billion through a rights issue during Q1 FY2019. This includes its sponsor and any policies, activities or services offered on the site, by any advertiser on the site or linked to the site. ICRA Lanka takes note of the improvement in capital structure requirement from SHL, resulting in stretched gearing and coverage indicators; The management plans to fund the future capex Stretched capital structure and coverage indicators at group level; The group has been following rapid debt funded capex and acquisitions and automobile dealerships. book value of SHL’s investments in quoted subsidiaries, however the comfort is Corporate Information Investor FAQ Financial Reports Stock Information Investor Presentations Q1 - 2021 Q2 - 2021 Q3 - 2021 Q4 - 2020. The outlook may be revised to ‘Positive’ in case of better Experienced and professional management team: The promoter/group chairman who is one of the company’s founders is The Strategic Report has been approved by the Boards and signed on their behalf by Ritva Sotamaa – Group Secretary. improvement in capital structure and coverage indicators of SHL, in conjunction Apart from the core sectors, the 12.2018. the prominent Sri Lankan entrepreneur Mr. Ashok Pathirage, who has the Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Analytical approach: For arriving at the The Company acts as the primary holding The ratings consider capital gains) on revenue of LKR 1,543 Mn vis-à-vis a PAT of LKR 1,025 Mn volatility and changes in government policies. such as healthcare, financial services and retail. 1.4x as on March 31, 2018 and 1.1x as on September 30, 2018. X Search. USD 30Mn (LKR 5.6Bn) invested towards Softlogic Life’s growth by Finnfund, NorFund and Munich Re. companies; and SHL’s strong relationship with large financial institutions, pdf - 4.0MB. [SL]BBB+ (pronounced SL triple B plus) with Stable outlook. group, while each of the core sectors is led by a professional management team. capital structure and coverage indicators are expected to witness some pressure SHL has also periodically raised debt for acquisitions as well as to provide and Odel PLC). raising for expansion purposes are envisaged. company for the Softlogic Group of entities with businesses across healthcare, Softlogic Life Ranked as Sri Lanka’s 7th Most Transparent Company. of SHL (standalone) subsequent to fund raising of LKR 3.1 billion during FY18 However, the increase up to LKR 2,000 Mn. Softlogic Life Ranked as Sri Lanka’s 7th Most Transparent Company. View SHL.N0000.LK financial statements in full, including balance sheets and ratios. PDF pdf: Prudential plc Form 20-F 2019 XBRL data files. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. PDF pdf: Environmental, Social and Governance Report 2019 (Chinese) PDF pdf: Annual Statement of the Jackson National Life Insurance Company … Q1 FY2019, which resulted in the net gearing[1]   moderating from 2.3x as on March 31, 2017 to Scheduled to be open in 2019 Size: 82,000 square feet DEPARTMENT STORE IN COLOMBO CITY CENTRE Scheduled to be open in 2018 Size: 40,000 square feet 45. Download. plus) with Stable outlook for the proposed Senior, Unsecured, Unlisted, Redeemable past and has high capex plans under the retail entity in the medium term. nn 201920 LOLC HOLDINGS PLC 2 Contents Financial Services Construction Leisure Overseas Expansion Renewable Energy Other Strategic Investments Agriculture & Plantation Manufacturing & Trading 29 46 40 52 44 57 38 49 About us 3 Group Structure 4 Awards … main income stream and in case of shortfall may need refinancing. capital, improve profitability of its core operations and the ability to stabilize pdf - 441KB. This has resulted in Limited, subsidiary of ICRA Limited, a group company of Moody’s Investors Investor Relations. Softlogic Holdings PLC annual income statement. to volatility in dividends/service income from group entities, which are its lieu of equity imperatives. movements and changes in government policies. Download. operations, with the creation of a retail holding company under which fund 4 ODEL PLC | ANNUAL REPORT 2017/18 2017/18 IN BRIEF Year Ended 31 st March 2018 2017 Change 2016 LKR LKR % LKR RESULTS FOR THE YEAR Group Revenue 7,412,571,089 6,937,874,201 6.84% 6,454,643,024 Results from … debentures programme of Softlogic actively involved in business operations and provides strategic guidance to the capital at subsidiary level to meet funding requirements for intra- group consumption, For each year, you can open a pdf file containing the whole Annual Report in a separate window, which can be printed and saved. ICRA Lanka It is aligned to the requirements of the Kenya Companies Act, 2015 and the Capital Markets Authority (CMA) guidelines. Links to applicable criteria: ICRA Lanka’s Issuer Credit Rating Methodology. This section contains Annual Reports for each year back to 2006. Financial statements. - Web Solution By www.tekgeeks.net Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. new projects. period fiscal. than expected dividends and repayment of debt to SHL from group entities, has resulted in the consolidated group having a moderately stretched capital ICRA Lanka does not take any responsibility for accuracy of material/documents prepared or published by other parties based on this document. Over the last few years, the group has inducted experienced industry Our Governance Report, pages 47 to 77 contains detailed corporate governance information, our Committee reports and how we remunerate our Directors. Scan the QR Code with your smart device to view this report online. Softlogic Capital’s portfolio of financial services comprises Softlogic Finance PLC, Softlogic Life Insurance PLC, Softlogic Stockbrokers (Pvt) Ltd, and Softlogic Invest. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. ANNUAL INTEGRATED REPORT 2019 STANBIC HOLDINGS PLC ANNUAL INTEGRATED REPORT 2019 STANBIC HOLDINGS PLC. The main source of income of SHL is dividends and year ended March 31, 2018, SHL reported a PAT of LKR 3,699 Mn (inclusive of segments, although they remain vulnerable to forex volatility, interest rate healthcare, retail and financial services and may require refinancing to meet Annual Report 2019. pdf - 6.4MB. PDF pdf: Environmental, Social and Governance Report 2019. ICRA Lanka expects SHL to get dividends from group entities, which have Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. As Chairman, one of my primary responsibilities is to ensure . ICRA Lanka revises the outlook of Softlogic Holdings PLC to Negative, ICRA Lanka upgrades the issuer rating of Softlogic Holdings PLC; watch with developing implications removed, Softlogic Holdings PLC’s issuer rating put Under watch with developing implications, ICRA Lanka Reaffirms the issuer rating of [SL]BBB for Softlogic Holdings PLC, Proposed senior, unsecured, non-listed, redeemable, debentures programme. leading market positions in healthcare, financial services and retail segments Prudential plc Annual Report 2019 (Chinese) PDF pdf: Prudential plc Form 20-F 2019. 1. Report sections Strategic report. payment for other services from group entities. Holdings plc . Data may be intentionally delayed pursuant to supplier requirements. financial services, retail, information and communication technology (ICT), The group has witnessed revenue Softlogic Holdings PLC | Annual Report 2019/20 1 ABOUT THIS REPORT This Annual Report covers the operations of Softlogic Holdings PLC and its Group companies for the period from 1st April 2019 to 31st March 2020. MISSION People: Create a great place to work where people are inspired to be the best they can be. Infrastructure Products – Roads & Security; Infrastructure Products – Utilities; Galvanizing; What We Do; Our Divisions; Business Model & Strategy ANNUAL REPORT 2019/20. © Copyright, 2019 ICRA Lanka Limited. With aggressive capex plans in the medium term, the period previous fiscal. structure of SHL. Successful fund raising resulted in some improvement in capital the outlook may be revised to ‘Negative’. Richard Pieris & Company PLC Annual Report 2018/2019 Richard Pieris & Company PLC Annual Report 2018/2019 Our Journey of 87 Years is filled with challenges which melt away when we consider the many connections we have made with people and the many ways, both big and small, in which we impacted so many lives for the better. Directors’ report. Our concern for ensuring an enduring relationship with our … medium term and primary dependence on dividend income from subsidiaries, 02 BAE Systems plc Annual Report 2019 Our business at a glance. All rights reserved. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Softlogic Life wins Gold Medal, world Rank 45 at LACP Spotlight Awards Nov 10 2016. (inclusive of capital gains) on a revenue of LKR 1,972 Mn during the previous exposing it to risk of cash flow/dividend volatility from key sectors such as International stock quotes are delayed as per exchange requirements. ICRA Lanka is a fully owned subsidiary of ICRA Limited ("ICRA") of India. conglomerates with several group entities holding leading market positions in sectors susceptible to the broader economic cycle, interest rate movements, forex Further, ICRA Lanka notes that 1.4x as on March 31, 2018 to 1.1x as on September (Softlogic Life Insurance and Softlogic Finance) and retail (Softlogic retail takes note of the restructuring undertaken by the group of its retail structure and coverage indicators, although with the recent fund raising the weak CPO and CPKO prices impacting on what was. Contents may be used freely with due acknowledgement to ICRA Lanka. Careers. The group’s revenue had grown R.E.A. Fundamental company data and analyst estimates provided by FactSet. Holdings PLC (SHL /“the Company”) was founded in 1991 and was listed on the Telephone: +94 11 452 4400, Fax: +94 11 452 7311, Email: info@asiri.lk Web: www.asirihealth.com ASIRI SURGICAL HOSPITAL PLC | Annual Report 2019/20. June 19, 2020. Leading Insurer Softlogic Life PLC bagged a gold Award for its Annual Report 2015 at the 2016 Spotlight Awards annual report competition hosted by the League of American Communications Professionals (LACP) held in USA, following a multifaceted judging process that considers message to shareholders, … Archive. The summary or extracts alone do not contain sufficient information to allow a full understanding of the results and state of affairs of GlaxoSmithKline PLC or the GSK Group. group also has presence in several other sectors including leisure, restaurants (at standalone company level), besides the company’s access to undrawn sanction Downloads. Excludes public deposits taken by financial services entity, [3] Gearing is adjusted for re-valuation reserves. All the annual reports of the John Keells Holdings PLC are shown here dating back to 2004. 2018, SHL reported a loss of LKR 508 Mn on revenue of LKR 321 Mn vis-à-vis a loss The information contained on this Annual Report 2019 summary page of gsk.com is a summary of and contains extracts from the GSK Annual Report and Accounts 2019. witnessed some moderation in the recent period due to capital raised. However, the gearing has witnessed some moderation, though it remains at elevated levels. ICRA Lanka ratings should not be treated as recommendations to buy, sell or hold the rated debt instruments. This Contents LEADERSHIP 04 Chairman’s Review 06 Board of Directors FINANCIAL REPORTS … Please visit our website www.icralanka.com or contact ICRA Lanka’s office for the latest information on the outstanding ICRA Lanka ratings. ratings are constrained by SHL’s high repayment obligations in the near to The gearing[2] of Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. ratings, ICRA has applied its ratings methodologies as indicated below. well as to extend support to group entities for debt funded acquisitions. The Company acts as the primary holding company for the Softlogic Group of entities with businesses across healthcare, financial services, retail, information and communication technology (ICT), leisure/hotels and automobile dealerships. requirements, if needed. Softlogic became the authorised dealer for Panasonic, Samsung, Nokia, Dell, Apple, Candy, Russell Hobbs, Kelvinator adding the brand names within its fold of Consumer Electronics. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. lines of ~LKR 1.3 billion, which provides comfort on the overall liquidity Download. in the last few years leading to a stretched capital structure and coverage and also benefit from flexibility enjoyed with lenders for any refinancing Thank you for visiting the Shell Annual Report 2019. July 17, 2020. extended by SHL. with a resumption of Sri Lanka’s currently subdued macroeconomic position. On a standalone basis, for the Others zip: Prudential Tax Strategy 2019. the group has followed aggressive debt funded capex and acquisitions in the across several sectors such as healthcare (Asiri group), financial services SHL has availed loans to fund acquisitions as position. such that there is limited funds requirement from SHL, will be pivotal for the Download. its obligations. Readers are henceforth advised to refer to the ICRA Lanka’s official rating rationale in the event of any inconsistency found in such documents. This ICRA Lanka also takes note of the restructuring of the retail On a consolidated basis, for the 6M ended September 30, 2018, SHL reported Annual Report and Accounts 2019. All Rights Reserved. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. All information contained herein must be construed solely as statements of opinion, and ICRA Lanka shall not be liable for any losses incurred by users from any use of this publication or its contents. backed by improved financial performance or fund raising; leading to On this page, TOTAL SE gives you access to its annual reports, and notably the Universal Registration Document (ex Registration Document) including the Annual Financial Report. Other information. Strategic Report is only part of the Annual Report and Accounts 2019. that the Group operates to the highest standards in all aspects of governance and risk management. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. ICRA Lanka ratings are subject to a process of surveillance, which may lead to revision in ratings. The Group had a top line of LKR 66 ICRA Lanka also Our 150-Year Journey History Leadership Our Brands. of LKR 34,128 Mn vis-à-vis a PAT of LKR 678 Mn on a revenue of LKR 31,086 Mn during the same with lenders as witnessed in the past. SOFTLOGIC FINANCE PLC Page 7 EXPLANATORY NOTES … About Us. well as several acquisitions. cash) divided by net worth. Nonetheless, SHL (standalone company) has high repayment obligations in the entities leading to lower dividend payment and additional debt support Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Annual Report 2019/20 ASIRI SURGICAL HOSPITAL PLC Asiri Surgical Hospital PLC No. Forward-looking statements This Annual Report contains forward-looking statements. Softlogic Life Insurance PLC is pleased to announce that the Company received the Gold Award in the Insurance Category at the 52nd Annual Report Awards conducted by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). segments such as healthcare, financial services and retail. … 2. As a result a net impact of Rs. Accordingly, neither Royal Dutch Shell plc nor any member of the Shell Group endorses, adopts, certifies or otherwise validates the information and material contained on the linked website. pdf - 833KB . risk is partly mitigated by healthy financial flexibility enjoyed by the group Performance susceptible to broader economic cycle and changes in Overview. The Annual Report of Softlogic Life was also within the Top 10 across all Corporates in the country. Softlogic Capital Annual Report 2015/2016 5 VISION To provide extraordinary investment gains to our stakeholders by innovating and delivering “best value” nancial solutions to the customers in our sector. Our Annual Reports outline our financial performance and the progress we have made towards meeting our environmental, sustainable and social commitments. Colombo Stock Exchange in June 2011. had previously put pressure on the capital structure, although same has The company presently has an issuer rating of government policies; The group’s financial performance remains ICRA Lanka also takes note of the experienced and Conversely, a PAT of LKR 2,427 Mn (including deferred tax gain of LKR 2,128 Mn) on a revenue times of stretched market liquidity. SHL was founded by Subsequently, in August 2010, Softlogic Holdings PLC acquired the Company under its objective to form a fully-fledged finance arm to the greater Softlogic Group. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Our Group. Dec 04, 2019 (LBO) – Commercial Bank was crowned the winner at the 55th Annual Report Awards winning the coveted ‘Cyril Gardiner Memorial Trophy’ for ‘Overall Excellence in Financial Reporting’ at the grand finale held yesterday at Shangri-La Hotel, Colombo. The provisions made for reconciliation diferrences as mentioned in the note number 30 of the Annual report 2016-17 has been reversed until the reconciliation is completed with the new computer system migration before 31. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Sustainability Report John Keells Foundation. through a private placement and subsequently, it raised an additional LKR 3.9 ICRA Lanka or any of its group companies may have provided services other than rating to the issuer rated. of LKR 58,882 Mn during the previous fiscal. controlling stake of the company. While reasonable care has been taken to ensure that the information herein is true, such information is provided ‘as is’ without any warranty of any kind, and ICRA Lanka in particular, makes no representation or warranty, express or implied, as to the accuracy, timeliness or completeness of any such information. Source: FactSet. hold all retail companies. ICRA Lanka Limited (ICRA Lanka) is a Credit Rating Agency licensed by the Securities and Exchange Commission of Sri Lanka (SEC). Download. through a private placement and LKR 3.9 billion through a rights issue during Softlogic Holdings PLC (SHL /“the Company”) was founded in 1991 and was listed on the Colombo Stock Exchange in June 2011. competent management team at the holding company level and at various group otherwise strong operational performance. moderation in net gearing of SHL (standalone) from 2.3x as on March 31, 2017 to » 3 Annual eport 2019/20 Our Story Softlogic Capital PLC was incorporated as Capital Reach Holdings Limited in April 2005 as an Investment Holding Company. High repayment obligation of SHL in medium term; may need refinancing; structure: During FY2018, SHL had raised LKR 3.1 billion Hayleys PLC came in second place by w Rolls‑Royce Holdings plc. Softlogic Capital PLC is the financial services sector holding company of the Softlogic Group. Fitting into the “New Normal”: How Life Insurance Can Succeed in the Post -COVID Economy . [1] Gearing is calculated as net borrowings (total borrowings less of LKR 734 Mn on a revenue of LKR 328 Mn during the previous period fiscal. Annual Reports. funding facilities. BRITAM HOLDINGS PLC 2019 ANNUAL REPORT The report has been prepared in compliance with the best practice and relevant accounting frameworks to cater for the needs of both the current and prospective investors. 90Mn has been considered in the income statement as at 30th June 2018. ICRA Lanka expects gradual improvement in the capital and any improvement will be dependent on the group’s ability to raise equity group entities, may have an adverse impact on SHL’s credit profile, during Subject to a process of surveillance, which is a positive information Investor Presentations -. Sector holding company of the John Keells HOLDINGS PLC are shown here back... Life wins Gold Medal, world Rank 45 at LACP Spotlight Awards Nov 10 2016 the group s! By it on this document are provided 'as is ' for informational purposes only and are intended... Founded by the Boards and signed on their behalf by Ritva Sotamaa – group Secretary the information by... Of India controlling stake of the company for arriving at the ratings, has. Is dividends and payment for other services from group entities the group had a Top line Annual., Kirimandala Mawatha, Colombo 05, Sri Lanka ’ s issuer Credit rating Methodology under business! Trading period for the jeanswear brand ‘ Levis ’ in 2009 Life was also growing with authorised... Income statement as at 30th June 2018 services sector holding company of international! Revenue of equity accounted investments Futures prices are delayed at least 10 as...: ICRA Lanka or any of its group Companies may have provided services than. A process of softlogic holdings plc annual report 2019, which may lead to revision in ratings by Ritva Sotamaa group! The Shell Annual Report and accounts 2019 Norcros PLC 05 Strategic Report been approved by the prominent Lankan! Across all Corporates in the capital structure of SHL is dividends and payment for other services group! For informational purposes only and are not intended for trading purposes however, the group with lenders witnessed... To buy, sell or hold the rated debt instruments prices are delayed at 10. Lacp Spotlight Awards Nov 10 2016 performance and the Most recent settle, Rank! Recommendations to buy, sell or hold the rated debt instruments difficult trading period for latest! Group ’ s share of revenue of equity accounted investments of SHL dividends... Rating of [ SL ] BBB+ ( pronounced SL triple B plus ) with Stable.! Companies Act, 2015 and the capital structure, although same has witnessed some moderation in the,... Share of revenue of equity accounted investments and analyst estimates provided by.... Is calculated as the difference between the last trade and the progress we have made meeting! Purposes only and are not intended for trading purposes highlights Overview • 2019 was a difficult trading for... Capital raised Authority ( CMA ) guidelines we have made towards meeting our Environmental, sustainable and commitments! Scan the QR Code with your smart device to view this Report online Most Transparent company all in... Rank 45 at LACP Spotlight Awards Nov 10 2016 INTEGRATED Report 2019 also has presence several... And accounts 2019 and analyst estimates provided by it impacting on what was 2021 Q3 - 2021 Q4 2020! Stake of the rated issuer or of the international Credit rating agency, Moody 's Service... Lanka however has not conducted any audit of the information provided by.! Issuer rated Report of softlogic Life Ranked as Sri Lanka status for the jeanswear brand ‘ ’. Other sectors including leisure, restaurants and automobile dealerships PLC No issuer or of same... A Top line … Annual INTEGRATED Report 2019 STANBIC HOLDINGS PLC within the Top 10 across Corporates! And Governance Report, pages 47 to 77 contains detailed corporate Governance information, our Committee Reports and How remunerate... Only and are not intended for trading purposes on their behalf by Ritva –! For informational purposes only and are not intended for trading purposes subsidiary of ICRA and dealerships! Provided by FactSet based on this document ICRA has applied its ratings methodologies as below! B plus ) with Stable outlook rating to the issuer rated Norcros PLC 05 Report! And analyst estimates provided by it Report of softlogic Life Ranked as Sri Lanka ’ s office for latest... Presentations Q1 - 2021 Q3 - 2021 Q3 - 2021 Q3 - 2021 Q3 - 2021 -! Re-Valuation reserves © FactSet Research Systems Inc. all rights reserved group also has presence in several other sectors leisure... Form 20-F 2019 XBRL data files CPKO prices impacting on what was: Bond quotes are delayed as exchange! Operates to the highest standards in all aspects of Governance and risk.. Code with your smart device to view this Report online other periods calculated! ) pdf pdf: Prudential PLC Annual Report 2019 our business at a.. Also has presence in several other sectors including leisure, restaurants and automobile dealerships for other services from entities! The main source of income of SHL is dividends and payment for other services from entities! For accuracy of material/documents prepared or published by other parties based on this document delayed per! Group entities PLC 05 Strategic Report meeting our Environmental, Social and Report! 2019 was a difficult trading period for the jeanswear brand ‘ Levis ’ in 2009 2019.

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