Group Structure
| Commercial Development Co. PLC | ONEzero Co. Ltd. | Commex Sri Lanka S.R.L - Italy | Equity Investments Lanka Ltd. | Commercial Insurance Brokers (Pvt) Ltd. | ||||||
| Company Profile | ||||||||||
| Relationship to Bank | Subsidiary | Subsidiary | Subsidiary | Associate | Associate | |||||
| Incorporation in Sri Lanka | March 14, 1980 | February 17, 2003 | December 02, 2008 in Italy | August 08, 1990 | August 17, 1987 | |||||
| Bank’s Holding | 94.55% | 100% | 100% | 22.92% | 18.91% | |||||
| Principal Business Activity | Property Development | Provision of IT Related Services | Money Transfer & Money Exchange | Venture Capital Financing | Insurance Brokering | |||||
| Business Address | ‘Commercial House', No. 21, Sir Razik Fareed Mawatha, Colombo 01. | ‘Commercial House', No. 21, Sir Razik Fareed Mawatha, Colombo 01. | Via Venti Settembre , 98/ G, Roma, Italy | 108 A, 1st Floor, Maya Avenue, Colombo 06. | 3-2/2, 2nd Floor, Galle Face Court 1, Colombo 03. | |||||
| Contact Numbers | 2447300 | 2430420 | +39 06 48905707 | 5373745, 2507605-6 | 2447297, 2447299 | |||||
| Board of Directors | ||||||||||
| Chairman | B.R.L. Fernando | Prof. U.P. Liyanage | K.G.D.D. Deerasinghe | M.J.C. Amarasuriya | B.R.L. Fernando | |||||
| Director | W.M.R.S. Dias | K.D.N. Buddhipala | M.E.P. Perera | Deshamanya S.E. Captain | M.P. Jayawardena | |||||
| Director | A.L. Gooneratne | A.R.M. Muttiah | S.M.R. Rodrigo | J.D. Peiris | D.M.D.K. Thilakaratne | |||||
| Director | A.T.P. Edirisinghe | S. Renganathan | J.B. Adu Baker | R.A.M. Senevirathne | ||||||
| Director | L.D.A. Jayasinghe | M.E.C. Abeywardena | W. Indika Arambage | P.D.J. Fernando | ||||||
| Director | U.I.S. Tillakawardana | M.E.P. Perera | L.A. Rajapakse | |||||||
| Director | K.S.A. Gamage | H.A. Pieris | ||||||||
| Company Secretary | L.W.P. Indrajith | M.P. Dharmasiri | Anthonia Capolla(Commercerlista) | Mrs. R.R. Dunuwille | Mrs. Y.A. Kularathna |
Summary of Financial Information
| 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||
| Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | Rs. Mn. | ||||||
| Total assets | 1,606,863 | 1,513.245 | 79,543 | 85.235 | 33,497 | 50.711 | 272,809 | 280.575 | 256,878 | 215.312 | |||||
| Total liabilities | 304,697 | 314.597 | 24,915 | 23.488 | 64,980 | 55.200 | 8,028 | 5.861 | 78,687 | 51.366 | |||||
| Net assets | 1,302,166 | 1,198.648 | 54,628 | 61.747 | (31,483) | (4.489) | 264,781 | 274.714 | 178,191 | 163.946 | |||||
| Total revenue | 256,716 | 199.979 | 99,943 | 165.184 | 3,637 | 0.426 | 26,252 | 52.378 | 188,635 | 172.734 | |||||
| Profit before tax | 203,126 | 334.878 | 23,506 | 29.200 | (25,462) | (39.860) | 8,193 | 33.974 | 27,639 | 25.166 | |||||
| Profit after tax | 151,397 | 234.360 | 17,134 | 20.744 | (25,462) | (39.860) | 8,339 | 33.897 | 17,772 | 19.604 | |||||
| Dividend (per share) (Rs.) | 4.00 | 4.00 | 50.00 | 50.00 | – | – | – | 0.70 | 6.00 | 6.00 |