|
|
| Transportation |
| |
 |
Ports & Shipping
Transportation
- Logistics
- Airlines
Highlights
| • |
SAGT handled record volumes of over 1.6 million TEUs during 2007/08 |
| • |
John Keells Logistics (Pvt) Ltd commenced operations of its distribution centre supporting the supply chain management of the Retail sector |
| • |
LMS volumes grew year-on-year by 13 per cent on the back of an increased off-take of 380cst fuel oil, newly introduced by LMS two years ago |
 |
SAGT bettered its previous year's record volumes and handled over 1.6 million TEUs during
2007/08. In order to further improve our performance, we have invested in equipment to
enhance
capacity and operational efficiencies. |
|
|
| |
 |
| |
| Financial capsule |
| (Rs. million) |
|
|
|
|
| Transportation |
07/08 |
06/07 |
Chg% |
05/06 |
| Turnover* |
16,706 |
12,429 |
34.4 |
10,519 |
| EBIT |
3,101 |
2,906 |
6.7 |
2,374 |
| PBT |
3,054 |
2,887 |
5.8 |
2,370 |
| PAT |
2,904 |
2,757 |
5.3 |
2,211 |
| Total assets |
13,862 |
11,768 |
17.8 |
7,114 |
| Total equity |
11,203 |
10,272 |
9.1 |
5,185 |
| Total debt |
272 |
179 |
51.4 |
165 |
| Capital employed** |
11,474 |
10,452 |
9.8 |
5,349 |
| Capital expenditure |
241 |
151 |
59.2 |
194 |
| Number of employees |
720 |
632 |
13.9 |
687 |
| EBIT per employee*** |
4.3 |
4.6 |
(6.30) |
3.5 |
| |
|
|
|
|
|
| |
* Turnover is inclusive of the group's share of associate company turnover
** For associate companies the capital employed is representative of the group’s equity investment in these companies
*** EBIT per employee is calculated excluding the employees of associate companies |
| |
| |
| Leisure |
| |
The group expanded its product offering in the Maldives by launching
its first Cinnamon
property “Cinnamon Island Alidhoo”, delivering on
its brand promise of indulgence. |
Hotel Management
City Hotels
Resort Hotels
- Sri Lankan resorts
- Maldivian resorts
Destination Management
Highlights
| • |
The first Cinnamon property in the Maldives, “Cinnamon Island Alidhoo”, commenced operations from 1st July 2007 |
| • |
The resort hotels, Ellaidhoo and Dhonveli, in the Maldives, were fully refurbished during the year and re-launched under the group's Chaaya umbrella in January 2008 |
| • |
The Indian Destination Management operations, expanded and opened two more branches in Ahmadabad and Bangalore |
 |
|
| |
|
 |
| |
| Financial capsule |
| (Rs. million) |
|
|
|
|
| Leisure |
07/08 |
06/07 |
Chg% |
05/06 |
| Turnover |
9,792 |
7,589 |
28.8 |
5,442 |
| EBIT |
1,124 |
1,089 |
3.2 |
821 |
| PBT |
364 |
519 |
(29.8) |
727 |
| PAT |
347 |
500 |
(30.6) |
619 |
| Total assets |
28,067 |
22,426 |
25.2 |
16,117 |
| Total equity |
18,277 |
13,739 |
33.0 |
12,311 |
| Total debt |
7,047 |
6,746 |
4.5 |
1,989 |
| Capital employed |
25,323 |
20,485 |
23.6 |
14,300 |
| Capital expenditure |
1,581 |
1,395 |
13.4 |
3,259 |
| Number of employees |
4,154 |
4,231 |
(1.8) |
3,862 |
| EBIT per employee |
0.3 |
0.3 |
5.2 |
0.2 |
| |
|
|
|
|
|
| |
| |
| Property |
| |
JKH completed the construction of the super luxury condominium project,“The Monarch”, and
despite obstacles and delays in
completion, we delivered a superior product
to our customers. |
Property Development
- Development and sale of residential apartments
- Operations of the Crescat Boulevard
Real Estate
- Management of group office sites within the city
- Management of construction projects for group companies
Highlights
| • |
“The Monarch” condominium project is in its completion phase with units being handed over to the buyers for occupation |
| • |
The construction of “The Emperor” condominium project is progressing on schedule with over 80 per cent of the units already sold |
| • |
Successful management and completion of construction and refurbishment projects for the group's resort hotels, Alidhoo and Ellaidhoo, in the Maldives |
 |
|
| |
|
 |
| |
|
| Financial capsule |
| (Rs. million) |
|
|
|
|
| Property |
07/08 |
06/07 |
Chg% |
05/06 |
| Turnover |
2,618 |
1,463 |
79.0 |
2,436 |
| EBIT |
902 |
870 |
3.7 |
847 |
| PBT |
841 |
844 |
(0.4) |
847 |
| PAT |
785 |
813 |
(3.4) |
832 |
| Total assets |
5,400 |
5,460 |
(1.1) |
6,484 |
| Total equity |
4,765 |
4,333 |
100 |
5,912 |
| Total debt |
82 |
227 |
(64.0) |
114 |
| Capital employed |
4,847 |
4,561 |
6.3 |
6,026 |
| Capital expenditure |
37 |
63 |
(41.0) |
257 |
| Number of employees |
118 |
149 |
(20.8) |
162 |
| EBIT per employee |
7.6 |
5.8 |
30.9 |
5.2 |
| |
|
|
|
|
|
| |
| |
| Consumer Foods & Retail |
| |
The “Keells Super” chain of supermarkets aggressively expanded its retail roll out during
the year, opening 11 new outlets - the highest number of outlets opened in any given year since its inception. |
Consumer Foods
- Beverages
- Frozen Confectionary
- Convenience Foods
Retail
- Supermarkets
Highlights
| • |
The two new bottling lines commissioned at Ceylon Cold Stores for the expansion of its soft drinks operations became fully operational during the year and have more than doubled the beverage production capacity |
| • |
The Retail sector expanded aggressively during the year with the launch of 11 new retail outlets under its “Keells Super” brand of super markets. The total number of outlets as at 31st March 2008 is 37, including 3 franchisee outlets |
 |
|
| |
|
 |
| |
| Financial capsule |
| (Rs. million) |
|
|
|
|
| Consumer Foods & Retail |
07/08 |
06/07 |
Chg% |
05/06 |
| Turnover |
11,384 |
9,791 |
16.3 |
7,809 |
| EBIT |
580 |
645 |
(10.1) |
395 |
| PBT |
387 |
540 |
(28.3) |
310 |
| PAT |
248 |
313 |
(20.6) |
191 |
| Total assets |
6,563 |
4,973 |
32.0 |
3,713 |
| Total equity |
2,694 |
1,780 |
51.4 |
1,610 |
| Total debt |
1,572 |
1,326 |
18.5 |
810 |
| Capital employed |
4,266 |
3,106 |
37.3 |
2,420 |
| Capital expenditure |
673 |
926 |
(27.4) |
367 |
| Number of employees |
2,896 |
2,567 |
12.8 |
3,020 |
| EBIT per employee |
0.2 |
0.3 |
(20.30) |
0.1 |
| |
|
|
|
|
|
| |
| |
| Financial Services |
| |
In its quest to provide unparalleled levels of convenience to its customers, our banking associate
NTB, has rolled out its
unique service proposition of bringing financial
solutions to the
customer's doorstep. |
Insurance
Banking & Leasing
Stockbroking
Highlights
| • |
The group's banking arm, Nations Trust Bank (NTB), reviewed its growth strategy during the year and developed a new strategic plan for the period 2008 - 2012 which was formulated on the theme of “unpalleled and unprecedented levels of convenience” |
| • |
NTB successfully completed a 1:3 rights issue with attached warrants, which in total will raise approximately Rs. 3 billion in capital over the next 3 years towards funding its aggressive growth plans |
| • |
The group's insurance arm, Union Assurance (UA), won the overall best annual report award from both the Institute of Chartered Accountants of Sri Lanka and the South Asian Federation of Accountants for its 2006 Annual Report |
 |
|
| |
|
 |
| |
| Financial capsule |
| (Rs. million) |
|
|
|
|
| Financial Services |
07/08 |
06/07 |
Chg% |
05/06 |
| Turnover* |
4,796 |
3,462 |
38.5 |
2,681 |
| EBIT |
422 |
338 |
24.8 |
367 |
| PBT |
422 |
337 |
25.0 |
367 |
| PAT |
292 |
225 |
29.7 |
250 |
| Total assets |
2,555 |
1,735 |
47.2 |
1,454 |
| Total equity |
1,990 |
1,517 |
31.2 |
1,326 |
| Total debt |
12 |
47 |
(73.6) |
33 |
| Capital employed** |
2,003 |
1,564 |
28.0 |
1,358 |
| Capital expenditure |
0.3 |
5 |
(93.9) |
1 |
| Number of employees |
24 |
27 |
(11.1) |
24 |
| EBIT per employee*** |
17.6 |
12.5 |
40.4 |
15.3 |
| |
|
|
|
|
|
| |
* Turnover is inclusive of the group's share of associate company turnover
** For associate companies the capital employed is representative of the group’s equity investment in these
companies
*** EBIT per employee is calculated excluding the employees of associate companies |
| |
| |
| Information Technology |
| |
With our investment in Financial Process Outsourcing LLC, a US-based Finance &
Accounting (F&A) service provider, we have expanded our existing BPO product portfolio
to include the high value F&A segment. |
IT Services
- Software Services
Office Automation
IT Enabled Services
Highlights
| • |
JKH divested a majority stake in the Systems Integration business, Keells Business Systems, in March 2008 |
| • |
The Software Services business, John Keells Computer Services, substantially increased its order book for solutions from award-winning airline customers in the Middle East region |
| • |
The BPO business expanded its operations during the year with approximately 550 revenue generating staff servicing key new customers in the US |
 |
|
| |
|
 |
| |
| Financial capsule |
| (Rs. million) |
|
|
|
|
| Information Technology |
07/08 |
06/07 |
Chg% |
05/06 |
| Turnover* |
2,243 |
2,446 |
(8.3) |
1,707 |
| EBIT |
98 |
102 |
(4.8) |
116 |
| PBT |
90 |
100 |
(10.2) |
115 |
| PAT |
43 |
56 |
(22.7) |
83 |
| Total assets |
2,099 |
2,494 |
(15.8) |
660 |
| Total equity |
1,775 |
1,840 |
(3.5) |
315 |
| Total debt |
2 |
16 |
(89.6) |
3 |
| Capital employed** |
1,777 |
1,857 |
(4.3) |
318 |
| Capital expenditure |
62 |
46 |
33.9 |
16 |
| Number of employees*** |
700 |
735 |
(4.8) |
583 |
| EBIT per employee |
0.1 |
0.1 |
0.0 |
0.2 |
| |
|
|
|
|
|
| |
* Turnover is inclusive of the group's share of associate company turnover
** For associate companies the capital employed is representative of the group’s equity investment in these
companies
*** EBIT per employee is calculated excluding the employees of associate companies |
| |
| |
|
