ASIRI SURGICAL HOSPITAL PLC
Annual Report 2021/22
Contents | |
About us ............................................................................. | 1 |
Highlights of the year ........................................................ | 2 |
EXECUTIVE REVIEWS | |
Chairman's Review ............................................................ | 4 |
Management Discussion and Analysis .............................. | 6 |
LEADERSHIP & GOVERNANCE | |
Board of Directors ........................................................... | 10 |
Senior Management......................................................... | 12 |
Consultant Medical Team................................................ | 14 |
Corporate Governance .................................................... | 18 |
Risk Management Report................................................ | 23 |
Audit Committee Report ................................................. | 27 |
Remuneration Committee Report ................................... | 29 |
Related Party Transactions Review Committee Report .. | 30 |
Statement of Directors' Responsibilities .......................... | 31 |
Annual Report of the Board of Directors | |
on the Affairs of the Company ........................................ | 32 |
FINANCIAL REPORTS | |
Independent Auditors' Report ......................................... | 36 |
Statement of Profit or Loss .............................................. | 39 |
Statement of Comprehensive Income ............................. | 40 |
Statement of Financial Position ....................................... | 41 |
Statement of Changes in Equity...................................... | 42 |
Statement of Cash Flows ................................................. | 44 |
Notes to the Financial Statements.................................... | 45 |
SUPPLEMENTARY | |
Shareholder Information ................................................. | 94 |
Five Year Summary.......................................................... | 96 |
Economic Value Added Statement .................................. | 97 |
Graphical Review............................................................. | 98 |
Notice of Meeting............................................................ | 99 |
Notes .............................................................................. | 100 |
Form of Proxy................................................................ | 103 |
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About Us
Asiri Surgical Hospital leads the field in specialised surgical care, a vital component of Asiri Health's proposition in Sri Lanka.
Fully geared to handle an array of surgeries, we provide a complete range of services under one roof. Driven by the latest technology and renowned for our dedicated nursing team, Asiri Surgical Hospital couples high-tech treatment with exemplary patient-care. We meet the highest standards for pre-surgical evaluation and diagnostics, employ a diverse and extremely qualified panel of surgeons, and ensure high-techpost-operation management.
At Asiri Surgical Hospital, we are continually improving processes, customising our care to meet changing needs, and optimising our patient experience; for truly world-class surgical care.
Annual Report 2021/22 | 1
Vision
To be a leading healthcare provider in South Asia with highest quality of clinical standards.
Mission
To care for and improve the quality of human life, through the provision of ethical healthcare solutions together with cutting-edge technology.
155 450+
Beds Consultants
24-hour
Emergency Treatment Unit (ETU) and Ambulance Service
World-class
Heart Centre and Comprehensive Cancer Care Centre
Centres of Excellence
Values
Care/Innovation/Respect Caring with a human touch Caring for society Caring for our employees Innovation and forward-focus Respect for all stakeholders
Cardiology, Oncology, Orthopedics, Urology and Gastroenterology
2 | ASIRI SURGICAL HOSPITAL PLC
Highlights of the Year
Group | ||||
Year ended 31 March | 2022 | 2021 | ||
Operating Results | ||||
Revenue | Rs. 000 | 5,837,833 | 4,229,712 | |
Profit before Interest and Tax | Rs. 000 | 1,718,727 | 962,278 | |
Profit after Tax | Rs. 000 | 1,246,317 | 859,667 | |
Return on Equity | % | 24.22 | 18.71 | |
Balance Sheet Highlights | ||||
Total Assets | Rs. 000 | 10,626,278 | 8,643,691 | |
Total Equity | Rs. 000 | 5,146,206 | 4,594,341 | |
Shareholder Information | ||||
Earnings per Share | Rs. | 2.36 | 1.63 | |
Net Assets per Share | Rs. | 9.74 | 8.69 | |
Divedend per Share | Rs. | 2.10 | 0.85 | |
Share Price (31st March) | Rs. | 15.00 | 13.80 |
PROFITABILITY | 24.20 | ||||
% | |||||
25 | |||||
20 | 15.30 | 18.70 | |||
15 | 11.70 | ||||
11.20 | 10.20 | 10.70 | 9.90 | ||
10 | |||||
6.20 | 5.50 | ||||
5 | |||||
0 | 2018 | 2019 | 2020 | 2021 | 2022 |
Return On Capital Employed | Return on Equity | |
EARNINGS AND MARKET VALUE | 15.00 | |||||
(LKR Mn.) | 13.80 | |||||
15.00 | ||||||
12.00 | 10.20 | 9.50 | 9.00 | |||
9.00 | ||||||
6.00 | ||||||
3.00 | 1.03 | 0.69 | 0.82 | 1.63 | 2.36 | |
0.00 | 2018 | 2019 | 2020 | 2021 | 2022 |
REVENUE (LKR Mn.)
6,000 | 5,838 | ||||
5,000 | 3,655 | 4,230 | |||
4,000 | 3,275 | 3,475 | |||
3,000 | |||||
2,000 | |||||
1,000 | |||||
0 | 2018 | 2019 | 2020 | 2021 | 2022 |
PROFIT AFTER TAX (LKR Mn.)
1,500 | 1,246 | ||||
1,200 | |||||
900 | 860 | ||||
600 | 547 | 367 | 433 | ||
300 | |||||
0 | 2018 | 2019 | 2020 | 2021 | 2022 |
Earnings per Share | Marcket price per Share | ||
Operational Reviews | |
Chairman's Review............................................................. | 4 |
Management Discussion and Analysis .............................. | 6 |
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Asiri Surgical Hospital plc published this content on 28 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2022 04:27:02 UTC.