Compliance to the Listing Rules on contents of Annual Report, which were applicable to the Bank for the year ended 31 December 2023 enforced by the
Colombo Stock Exchange, are summarised below:
Rule No.
Requirement
Period
Date submitted
7.4.a.(i)
The Interim Financial Statements prepared on quarterly basis,
approved by the Board of Directors to be submitted to CSE
within 45 days from respective quarter ends for the first three
quarters and within two months at the end of 4th quarter.
Quarter 1 ended 31 March 2023
15 May 2023
Quarter 2 ended 30 June 2023
15 August 2023
Quarter 3 ended 30 September 2023
15 November 2023
Quarter 4 ended 31 December 2023
29 February 2024
Rule No.
Requirement
Period
7.4.b.(i)
Comply with LKAS 34 and disclose Group and Bank separately.
Complied with. Complied with.
7.4.b.(ii)
Disclose the additional notes and ratios as per Listing Rules.
Complied with.
7.4.b.(iii)
Be signed by two Directors.
Complied with.
7.4.b.(iv)
State whether the Financial Statements are audited or not.
Complied with.
7.5.a
Annual Report to be submitted to CSE within five months from
the closure of financial year.
The Audited Financial Statements for the year ended 31 December
2023 was submitted on 29 February 2024.
Annual Report for the year 2023 will be submitted before the deadline.
Rule No.
Disclosure Requirement
Reference/Comments
Page No.
7.6.(i)
Names of persons who during the financial year were Directors
of the entity.
Annual Report of the Board of Directors on the
State of Affairs of Bank of Ceylon
152-153
7.6.(ii)
Principal activities of the entity and its subsidiaries during the
year and any changes therein.
Annual Report of the Board of Directors on the
State of Affairs of Bank of Ceylon.
Notes to the Financial Statements
150
176
7.6.(iii)
The names and the number of shares held by the 20 largest
holders of voting and non-voting shares and the percentage of
such shares held.
Government of Sri Lanka is the sole shareholder
of Bank of Ceylon.
413
7.6.(iv)
The public holding percentage.
Not applicable.
7.6.(v)
A statement of each Director’s holding and Chief Executive
Officer’s holding in shares of the entity at the beginning and end
of each financial year.
Not applicable.
7.6.(vi)
Information pertaining to material foreseeable risk factors of the
entity.
Risk and opportunities
132-148
7.6.(vii)
Details of material issues pertaining to employees and industrial
relations of the entity.
No material issues occurred during the year
under review.
7.6.(viii)
Extents, locations, valuations and the number of buildings of the
entity’s land holdings and investment properties.
Notes 33 and 34 to the Financial Statements
253-273
7.6.(ix)
Number of shares representing the entity’s stated capital.
Note 50.1 to the Financial Statements
300
COMPLIANCE REQUIREMENTS ENFORCED
BY COLOMBO STOCK EXCHANGE
