Renuka : Annual Report 2021/2022

RENUKA HOLDINGS PLC

Annual Report 2022

BUILDING ON A FOUNDATION OF 150 YEARS

CONTENTS

Introduction	03
Sectors	04
Our Locations	05
At A Glance	06
Profile of Directors	07
Chairperson's Review	08
Management Discussion and Analysis	09 - 11
Corporate Governance	12 - 19
Audit Committee Report	20 - 21
Related Party Transactions Review Committee Report	22
Remunerations Committee Report	23
Nominations Committee Report	24
Risk Management	25 - 28
Sustainability Report	29 - 30
Report of the Directors	31 - 35
Statement of Directors' Responsibility	36
FINANCIAL REPORTS
Independent Auditor's Report	37 - 40
Statement of Financial Position	41
Statement of Profit or Loss and other Comprehensive Income	42
Statement of Changes in Equity	43
Statement of Cash Flows	44 - 45
Notes to the Financial Statements	46 - 103
Real Estate Portfolio	104
Five Year Summary	105
Shareholders' & Investors' Information	106 -108
Notice of Meeting	109 -111
Circular to the Shareholders	112 -114
Form of Proxy	115 - 116
Corporate Information	117

RENUKA HOLDINGS PLC	1
ANNUAL REPORT 2022

WORLD CLASS POSSIBILITIES

Renuka Holdings PLC is a diversified organization listed on the Colombo Stock Exchange and is the holding company for subsidiaries engaged in Agri Food, Organic Plantations, FMCG, Dairy, Investment & Property tracing its roots to 1866.

Today we are Sri Lanka's leading manufacturer and exporter of Coconut based food and beverage products with our own Organic certified plantations, in addition to a century of experience in the tea industry. We are one of the top 05 dairy manufacturers and a leading brand of snacks in the country.

VISION

To be a leading Sri Lankan conglomerate in pioneering ventures with a global presence, excelling through innovation and technology.

Revenue	Total Assets	Employees
52	61	1,338
Million USD	Million USD	Nos,

(Above figures as at 31st March 2022)

ONE OF THE MOST RESPECTED

ENTITIES IN SRI LANKA

We also have been awarded the "Best Under a Billion USD" title by Forbes Asia and we are also winners of numerous Presidential, National, and International awards for excellence in manufacturing, exports, brands and distribution.

WITHIN THE TOP 100

FIRMS IN SRI LANKA AS PER LMD

The Renuka family consists of over 1,300 individuals and a further 7,000 farmer families through our outgrower networks. It is their contribution and dedication which enables us to achieve world class possibilities.

RENUKA HOLDINGS PLC	3
ANNUAL REPORT 2022