Independent Television Network

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Type
State Owned Enterprise
Industry
Media

The Independent Television Network Limited (also known as ITN or simply as ITN Sri Lanka) is a Sri Lankan state governed television and radio broadcaster. It operates two TV channels (ITN and Vasantham TV) and two radio channels (Lakhanda and Vasantham FM). ITN operates in six main divisions. Its Marketing Division is responsible for coordinating media sponsorships with various stakeholders. The Engineering segment aims to improve the technical quality of programmes and facilities for programme productions. The Programme Division introduces programmes that cater to its audience, in Sinhala, English and Tamil. News and Current Affairs is tasked with arousing humanitarian aspects. Lakhanda and Vasantham FM serve Sinhala and Tamil speaking communities in Sri Lanka through various programmes. Founded in 1979, ITN is located in Battaramulla, Sri Lanka.

ROA
-0.1
Governance
37.5
Profits/Losses
LKR -213,000

Governance Indicators

A systematic measure of how well this SOE is managed.

2015

Year of the most recent Annual Report available online

0

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

1

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?

0

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
Accessibility of Information
Auditing Standards
Rights to Information

Interpratation 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
1,150,000
Data Not Avalaible -213,000 Data Not Avalaible Data Not Avalaible Data Not Avalaible Data Not Avalaible
Data Not Avalaible
2019
1,142,000
Data Not Avalaible -587,000 Data Not Avalaible Data Not Avalaible Data Not Avalaible Data Not Avalaible
Data Not Avalaible
2018
1,196,000
Data Not Avalaible -627,000 Data Not Avalaible Data Not Avalaible Data Not Avalaible
-627,000
Data Not Avalaible
2017
1,429,000
3,653,000
-287,000 Data Not Avalaible
871,000
2,783,000
-287,000
-7.5
2016
1,885,000
4,605,000
-162,000 Data Not Avalaible
1,603,000
3,003,000
-162,000
-4
2015
2,434,063
4,059,354
433,021
167,562
860,854
3,198,500
507,330
11.2

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