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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
74.8
Governance
62.5
Profits/Losses
LKR 4,085,927

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
See Methodolgy

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
2024
28,880,477
5,453,218
 4,085,927
54,349
2,647,487
2,805,731
3,567,856
74.8
2023
25,442,132
5,465,676
 3,622,507
48,957
2,364,270
3,101,406
3,040,176
79.8
2022
19,071,457
3,610,533
 3,210,687
34,280
1,931,966
1,678,567
2,820,420
33.8
2021
15,364,398
3,405,628
 2,870,088
37,656
1,771,424
1,634,204
2,953,529
86.2
2020
15,033,029
3,250,373
 2,982,580
40,027
1,249,965
2,000,409
2,993,502
86
2019
17,065,414
3,681,851
 2,668,793
36,110
1,520,946
2,160,905
2,550,732
175.8

Download our datasets

Access Advocata Institute's Datasets on State Owned Enterprises