Lanka Ashok Leyland : Annual Report 2021/22

VISION

To be the leading corporate stakeholder in the nation's

transportation infrastructure

MISSION

To cultivate a flexible and productive workforce centered on

our customer's needs and requirements, capable of swiftly adapting and innovating transport solutions to become the most trusted partner for mobility solutions in the Country

A N N U A L R E P O R T 2 0 2 1 / 2 0 2 2

1

CONTENTS

About the Company.................................................................................		4
Financial Highlights..................................................................................		5 - 7
Chief Executive Officer's Review.............................................................	9	- 10
Board of Directors.....................................................................................	11	- 13
Management Discussion and Analysis.................................................	14	- 17
Annual Report of the Board of Directors..............................................	18	- 22
Corporate Governance.............................................................................	23	- 30
Audit Committee Report..........................................................................		31
Remuneration Committee Report.........................................................		32
Nomination Committee Report.............................................................		33
Related Party Transaction Review Committee Report......................	34	- 35
Directors' Statement on Internal Controls...........................................		36
Management of Risk.................................................................................	37	- 40
The Statement of Directors' Responsibilities......................................		41
Financial Calendar....................................................................................		42
Independent Auditor's Report................................................................	43	- 45
Statement of Profit or Loss and Other Comprehensive Income.....		46
Statement of Financial Position.............................................................		47
Statement of Changes in Equity.............................................................		48
Statement of Cash Flows.........................................................................		49
Notes to the Financial Statements........................................................	50	- 97
Value Added Statement...........................................................................		98
Share Information.....................................................................................	99 - 100
Decade at a Glance...................................................................................	101 - 102
Distribution Network................................................................................		103
Glossary......................................................................................................	104 - 105
Notice of Meeting......................................................................................		106
Corporate Information.............................................................................		107
Form of Proxy.............................................................................................	109 - 110