Our annual report for financial year 2012/13 adopts a format that is both contemporary and evolving

It is a different approach to reporting which attempts to communicate more coherently and concisely the inter-dependence of the many facets of our enterprise - strategy, governance, performance and prospects - in the context of the triple bottom line. In short, it is an integrated report.

Our integrated reporting largely reflects the way we do business - by acknowledging the linkages between the economic, environmental and social impacts of our enterprise while we pursue sustainable stakeholder value creation. The report also provides insights on how we relate to our key stakeholder groups, how our strategic objectives create and sustain value, as well as what our expectations are for the future. Further, given the increasing relevance of intangible capitals, we have included some of these aspects in our management discussion.

As before, the various metrics regarding our performance on sustainability is aligned with the Global Reporting Initiative (GRI) G3.1 guidelines; but in keeping with the integrated nature of reporting, they are disclosed under appropriate topics, and not as a separate chapter.

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. In particular, we are in compliance with the financial reporting standards of The Institute of Chartered Accountants of Sri Lanka - including the new requirements following the convergence of the Sri Lanka Accounting Standards (SLFRS/LKAS) with the International Financial Reporting Standards (IFRS), the laws and regulations of the Companies Act No. 7 of 2007, the Listing Rules of the Colombo Stock Exchange (CSE) and subsequent amendments. We continue to adhere to the requirements of the Code of Best Practice on Corporate Governance issued jointly by The Institute of Chartered Accountants of Sri Lanka and the Securities and Exchange Commission of Sri Lanka.