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.
Independent Television Network
Type
State Owned Enterprise
Industry
Media
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
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
|
1,150,000
|
Data Not Available | -213,000 | Data Not Available | Data Not Available | Data Not Available | Data Not Available |
Data Not Available
|
|
2019
|
1,142,000
|
Data Not Available | -587,000 | Data Not Available | Data Not Available | Data Not Available | Data Not Available |
Data Not Available
|
|
2018
|
1,196,000
|
Data Not Available | -627,000 | Data Not Available | Data Not Available | Data Not Available |
-627,000
|
Data Not Available
|
|
2017
|
1,429,000
|
3,653,000
|
-287,000 | Data Not Available |
871,000
|
2,783,000
|
-287,000
|
-7.5
|
|
2016
|
1,885,000
|
4,605,000
|
-162,000 | Data Not Available |
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
|