Lanka Ceramic : CERA-Annual Financial Report as at 31-03-2022

ANNUAL REPORT 2021/22

LANKA CERAMIC PLC

CONTENTS

OVERVIEW

Operational Highlights	4
Financial Highlights	5
Chairman's Message	6
Managing Director's Review	8
Board of Directors	10

MANAGEMENT DISCUSSION

AND ANALYSIS

Management Discussion and Analysis

14

CORPORATE

GOVERNANCE

Risk Management	24
Corporate Governance	29
Annual Report of the Board of Directors on the Affairs of the Company	41
Statement of Directors' Responsibility	46
Audit Committee Report	47
Remuneration Committee Report	48
Related Party Transactions Review Committee Report	49

FINANCIAL

INFORMATION

Financial Calendar	51
Independent Auditor's Report	52
Statement of Financial Position	55
Statement of Profit or Loss and Other Comprehensive Income	56
Statement of Changes in Equity	57
Statement of Cash Flows	59
Notes to the Financial Statements	60

SUPPLEMENTARY

INFORMATION

Company Ten Year Summary	94
Group Value Added Statement	95
Shareholder and Investor Information	96
Notice of Meeting	98
Form of Proxy	99

"At Lanka Ceramic, we work towards creating a positive social and environmental impact through every milestone we reach. We believe that our main responsibility is

to leave our successor generation a meaningful future. Our best achievement is when our belief is put into action."

"We evaluate our performance and the success of our strategy and business model by utilising Key Performance Indicators. We have chosen to measure these Key Performance Indicators because we believe they best demonstrate how we are driving the business and creating value for our stakeholders"

Lanka Ceramic PLC

OVERVIEW

Operational Highlights	4
Financial Highlights	5
Chairman's Message	6
Managing Director's Review	8
Board of Directors	10