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Ratio Analysis

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Ratio Analysis
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HAYLEYS EXPORTS PLC ANNUAL REPORT 2011-2012
FINANCIAL HIGHLIGHTS NOTICE OF MEETING GRAPHICAL REVIEW CORPORATE INFORMATION INFORMATION TO SHAREHOLDERS CHAIRMAN'S REVIEW 1 2 3 4 6 7 10 9

CONTENTS

MANAGING DIRECTOR’S REVIEW PROFILES OF DIRECTORS

STATEMENT OF DIRECTORS’ RESPONSIBILITIES CORPORATE GOVERNANCE

11 13 19 22 23 24 25 26 27 28 47 49

ANNUAL REPORT OF THE BOARD OF DIRECTORS ON THE AFFAIRS OF THE COMPANY AUDIT COMMITTEE REPORT INCOME STATEMENT BALANCE SHEET INDEPENDENT AUDITORS' REPORT

STATEMENT OF CHANGES IN EQUITY CASH FLOW STATEMENT TEN YEAR SUMMARY FORM OF PROXY NOTES TO THE FINANCIAL STATEMENTS

i

ii

FINANCIAL HIGHLIGHTS
HAYLEYS EXPORTS PLC ANNUAL REPORT 2011-2012
Turnover (Rs ‘000) Profit / (Loss) Before Taxation (Rs ‘000) Profit / (Loss) After Taxation (Rs ‘000) Total Equity (Rs ‘000) Net Foreign Exchange Earnings (Rs ‘000) Earnings /(Loss) Per Share (Rs) Net Assets Per Share (Rs) Market Value Per Share (Rs) TURNOVER Rupees Million Company, Joint Venture & Associate 2011/12 595,540 (6,581) (8,001) 334,209 503,857 (1.00) 41.78 28.90 2010/11 734,131 (46,957) (49,482) 342,210 552,287 (6.19) 42.78 45.50

800 700 600 500 400 300 200 100 0

NET PROFIT / (LOSS) Rupees Million

20 10 0 -10 -20 -30 -40 -50 -60 -70 -80

2008

2009

2008

2009

2008

2009

2010

700 600 500 400 300 200 100 0

NET FOREIGN EXCHANGE EARNINGS Rupees Million

2011

2010

2012

2011

2012

2010

2011

2012
1

HAYLEYS EXPORTS PLC ANNUAL REPORT 2011-2012
A PUBLIC LIMITED COMPANY Incorporated in Sri Lanka in 1987 Company Number PQ 21 LEGAL FORM Hatton National Bank PLC Hongkong and Shanghai Banking Corporation Ltd Standard Chartered Bank Seylan Bank PLC People's Bank Commercial Bank of Ceylon PLC Sampath Bank PLC BANKERS Ernst & Young Chartered Accountants, 201, De Saram Place P.O. Box. 101, Colombo. Sri Lanka. AUDITORS LEGAL ADVISORS

CORPORATE INFORMATION

The principal activity of the

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