The integrated format of this annual report attempts to communicate more coherently and concisely the relationships and interdependence of the various aspects of our business, such as strategy, governance, performance and prospects, in the context of creating value over time. In preparing it, we have drawn, where applicable, upon concepts, principles and guidance from the following:
The overall boundary of this annual report comprises Sri Lanka Telecom PLC and its subsidiaries, duly identified as ‘SLT’ individually and ‘Group’ collectively. Consistent with the framework adopted in the previous year, key financial aspects are discussed in the context of the Company as well as the Group, while non-financial aspects are discussed in the context of the Company.
Our reporting focuses on factors that are material or important. It is an assessment based on the extent to which they may substantively affect the Company’s ability to create value over the short, medium and long-term. The materiality determination process is discussed under materiality and value creation.
This report covers the 12-month period 1 January to 31 December 2014 and is consistent with our usual annual reporting cycle for financial and sustainability reporting. The latter is in accordance with Level ‘C’ of GRI G3.1 guidelines, subject to independent assurance.
There are no significant changes from previous reporting periods in the scope and aspect boundaries. The most recent previous annual report, dated 20 February 2014, covered the 12-month period ended 31 December 2013. It is available on our website.
The information contained in this report, as in the past, is in compliance with all applicable laws, regulations and standards as well as guidelines for voluntary disclosures. Details are given in the Corporate Governance section and the Independent Auditors’ Report.
We welcome comments or questions on this report. You may contact:
The Company Secretary
Sri Lanka Telecom
Telephone: +9411 239 9478