Development Lotteries Board

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Type
State Owned Enterprise
Industry
Lotteries

The Development Lotteries Board has the primary objective of creating a sustainable scheme for the generation of funds for the President’s Fund and the Mahapola Higher Education Scholarship Trust Fund in order to contribute to poverty alleviation, educational development and other development activities. Its products include several varieties of lotteries: Saturday Fortune, Kotopathi Shanida, and others. The Development Lottery Board was founded in 1983, and its headquarters are based in Colombo.

ROA
76.9
Governance
62.5
Profits/Losses
LKR 2,983,000

Governance Indicators

A systematic measure of how well this SOE is managed.

2019

Year of the most recent Annual Report available online

1

Have Annual Reports for the last five years been tabled in Parliament?

2

Does the Annual Report include the mandatory provisions set out in the PED guidelines?

1

Is the Audit Clean / Qualified / Disclaimer?

0

Is the information pertaining to the RTI officer available on the website?

1

Does the SOE respond to an RTI within the timeframe specified in the Act?

1

Does the SOE have a website?

1

Does the SOE website contain sufficient organtisational details?

1

Does the SOE website contain tender and procurement details?

Annual Report
Auditing Standards
Rights to Information
Accessibility of Information

Interpretation of the indicators

Good
2
Average
1
Bad
0

Financials

Available Financial data for the last few years.

Year Turnover (LKR) Total Assets Profit/Loss Total Debt Total Liabilities Total Equity Operational Profits ROA
2020
15,523,000
Data Not Available 2,983,000 Data Not Available Data Not Available Data Not Available
2,994,000
Data Not Available
2019
17,361,000
Data Not Available 2,662,000 Data Not Available Data Not Available Data Not Available
2,897,000
Data Not Available
2018
16,171,000
Data Not Available 2,182,000 Data Not Available Data Not Available Data Not Available
2,735,000
Data Not Available
2017
13,981,500
2,721,134
511,995
76,593
1,798,842
922,292
2,034,129
21.4
2016
14,759,875
2,056,798
1,783,387
1,318,430
2,556,325
-499,527
2,417,045
89.2
2015
11,874,660
1,950,459
2,333,260
1,819,553
2,470,185
-519,726
2,134,323
120

Download our datasets

Access Advocata Institute's Datasets on State Owned Enterprises