THE AUTODROME PLC PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED

THE AUTODROME PLC PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30.09.2017

1 Share & Corporate Information MARKET VALUE OF SHARES The Market value of an ordinary share of The Autodrome PLC was as follows : Quarter ended Year ended 30/09/2017 30/09/2016 31.03.2017 Rs. Rs. Rs. Closing price 74.60 80.50 70.00 Highest price for the period (07-07-17) 78.00 85.00 75.00 Lowest price for the period (24-08-16) 69.00 72.00 (see note 10) 60.00 No. of shares 12,000,000 12,000,000 12,000,000 Market Capitalization 895,200,000 966,000,000 840,000,000 RATIOS Net Assets Per Share 85.68 83.31 82.73 Annualised Earning Per Share 1.00 1.24 (see note 10) 1.21 Annualised Price Earning Ratio (times) 74.59 65.15 57.99 Corporate Information Company Registration Number PQ-84 Stock Exchange: AUTO.N0000 Board of Directors Ms. Bernadette Aloysius BA- Chairperson Jeremy D. Aloysius MBA (USA) - Jt. Managing Director Rajeev Aloysius FCMA, FCMA(UK), CGMA, MBA - Jt. Managing Director Ms. Joanne Aloysius BSc (Lon.), MBA - Marketing Director C. Lakshman Sirimanne, Dip. Eng, IMS (UK) Prof. John A. Aloysius BSc, PhD (USA) Ms. Julie A. Aloysius BA (USA) M. Raviraj Ratnasabapathy FCMA(UK), CGMA, MBA Brihadhisvara Ponnambalam Company Secretaries Registered Office Lawyers Auditors Bankers Accounting Systems and Secretarial Services (Pvt) Ltd. 304, Union Place, Colombo 2 M/s. D.L. & F. de Saram, Attorneys-at-law KPMG Sri Lanka, Chartered Accountants Bank of Ceylon, Metropolitan Branch. Commercial Bank of Ceylon PLC., City Office Hatton National Bank PLC, Head Office Branch HSBC, Main Office People s Bank, Union Place

2 Statement of Financial Position Company Group Company Group Audited Audited Unaudited Unaudited Unaudited Unaudited 31.03.2017 31.03.2017 as at as at as at as at 30.09.2017 30.09.2016 30.09.2017 30.09.2016 Notes Rs.'000 Rs.'000 Rs.'000 Rs.'000 Assets Non-current assets 743,558 743,558 Property, Plant & Equipment 763,917 746,020 763,917 746,020 - - Capital Work-in -Progress 286-286 - 500 - Investments in subsidiary 500 500 - - 130,485 134,585 Long Term Investment 130,412 115,004 138,028 118,905 874,543 878,143 895,115 861,524 902,231 864,925 Current Assets 142,740 142,740 Inventories 121,806 87,740 121,806 87,740 150,902 151,701 Receivables and Prepayments 107,457 138,985 108,199 139,109 - - Amount due from related parties 78 70 - - - - Other Investment 10,069 35,009 10,069 36,810 Current Tax Assets 2,610 1,168 2,838 1,108 4,632 8,765 Cash and Cash Equivalents 19,561 16,546 19,906 16,822 - - Asset held for sale - - - - 298,274 303,206 261,581 279,518 262,818 281,589 1,172,817 1,181,349 Assets 1,156,696 1,141,042 1,165,049 1,146,514 Equity and Liabilities Capital and Reserves 12,440 12,440 Stated Capital 12,440 12,440 12,440 12,440 612,473 612,473 Revaluation Reserve 628,431 612,989 628,431 612,989 - - Available for sale Reserve 69 9 94 95 366,639 373,105 Revenue Reserves 387,182 374,329 394,225 379,513 991,552 998,018 Shareholders' Funds 1,028,122 999,767 1,035,190 1,005,037 Non-current Liabilities 23,475 23,475 Deferred Taxation 27,154 23,847 27,154 23,847 18,584 18,584 Retirement Benefit Obligations 19,016 18,070 19,016 18,070 42,059 42,059 46,170 41,917 46,170 41,917 Current Liabilities 142,119 144,235 Trade and Other Payables 82,249 99,358 83,534 99,560 (5,498) (5,548) Current Tax Liabilities - - - - 2,585 2,585 Bank Overdraft 155-155 - 139,206 141,272 82,404 99,358 83,689 99,560 181,265 183,331 Liabilities 128,574 141,275 129,859 141,477 1,172,817 1,181,349 Equity and Liabilities 1,156,696 1,141,042 1,165,049 1,146,514 The Statement of Financial Position as at 30th September 2017 and the Statement of Comprehensive Income, Statement of Changes in Equity & Cash Flow Statement for the quarter then ended, are drawn up from the unaudited financial statements of the Company and provide the information required by the Colombo Stock Exchange. Rajeev Aloysius Jt. Managing Director Jeremy Aloysius Jt. Managing Director

Interim Report 30th September 2017 Company Statement of Comprehensive Income Y/E 31.03.2017 Audited Quarter ended 30 September 2017 (Unaudited) 2016 (Unaudited) Six months ended 30 September 2017 (Unaudited) 2016 (Unaudited) Beauty Care & other Beauty Care & other Change Beauty Care & other Beauty Care & other Change 709,138 Turnover 135,435-135,435 151,697 41,113 192,810 (29.8%) 266,155-266,155 315,344 71,622 386,966 (31.2%) (592,157) Cost of Sales (107,093) - (107,093) (125,944) (35,531) (161,475) (33.7%) (210,384) - (210,384) (257,870) (62,138) (320,008) (34.3%) 116,981 Gross Profit 28,342-28,342 25,753 5,582 31,335 (9.6%) 55,771-55,771 57,474 9,484 66,958 (16.7%) 11,350 Other Operating Income 3,892 2,304 68.9% 7,606 4,921 54.6% 128,331 32,234 33,639 (4.2%) 63,377 71,879 (11.8%) Less :Expenses 107,111 Administrative Expenses 28,163 25,748 9.4% 53,574 51,651 3.7% 21,829 Marketing Expenses 279 5,437 (94.9%) 1,446 10,855 (86.7%) 128,940 28,442 31,185 (8.8%) 55,020 62,506 (12.0%) (609) Operating Profit 3,792 2,454 54.5% 8,357 9,373 (10.8%) 14,792 Finance Income 5,236 4,345 20.5% 8,424 7,623 10.5% (2,661) Finance Cost (165) 378 (143.7%) (438) (679) (35.5%) 11,522 Profit before taxation 8,863 7,177 23.5% 16,343 16,317 0.2% 1,700 Taxation (2,075) 819 (353.4%) (4,342) (1,489) 191.6% 13,222 Profit after taxation 6,788 7,996 (15.1%) 12,001 14,828 (19.1%) Other Comprehensive Income - Revaluation of Property,Plant & Equipment - - 27,620 - Disposal of Revalued Asset - - (1,351) - - Deferred tax on property revaluation - - (3,677) - 1,230 Defined benefit plan actuarial losses/(gain) 387-774 406 (344) Deferred tax on defined benefit plan actuarial gain/(losses) (109) (217) (114) (2,131) Available for sale Financial assets - change in fair value 69-69 9 2,131 Reclassified to Profit or loss (262) - - - 14,108 Comprehensive Income 6,873 7,996 (14.0%) 35,219 15,129 132.8% 1.10 Earnings Per Share (Rs.) 0.57 0.67 (15.1%) 1.00 1.24 (19.1%) Note: All values are in Rupees '000s, unless otherwise stated.the above figures are subject to audit. 3

Interim Report 30th September 2017 Group Statement of Comprehensive Income Y/E 31.03.2017 Audited Quarter ended 30 September 2017 (Unaudited) 2016 (Unaudited) 2017 (Unaudited) Six months ended 30 September 2016 (Audited) Beauty Care, Travel & other Beauty Care, Travel & other Change Travel & other Beauty Care, Travel & other Change 711,296 Turnover 136,015-136,015 151,697 41,572 193,269 (29.6%) 267,057-267,057 315,344 72,555 387,899 (31.2%) (592,027) Cost of Sales (107,093) - (107,093) (125,944) (35,531) (161,475) (33.7%) (210,384) - (210,384) (257,870) (62,138) (320,008) (34.3%) 119,269 Gross Profit 28,922-28,922 25,753 6,041 31,794 (9.0%) 56,673-56,673 57,474 10,417 67,891 (16.5%) 10,879 Other Operating Income 3,792 2,116 79.2% 7,406 4,643 59.5% 130,148 32,714 33,910 (3.5%) 64,079 72,534 (11.7%) Less :Expenses 107,795 Administrative Expenses 28,316 25,856 9.5% 53,954 52,048 3.7% 21,854 Marketing Expenses 280 5,437 (94.9%) 1,451 10,859 (86.6%) 129,649 28,596 31,293 (8.6%) 55,405 62,907 (11.9%) 499 Operating Profit 4,118 2,617 57.4% 8,674 9,627 (9.9%) 15,428 Finance Income 5,443 4,489 21.3% 8,781 7,830 12.1% (2,661) Finance Cost (165) 378 (143.7%) (438) (679) (35.5%) 13,266 Profit before taxation 9,396 7,484 25.5% 17,017 16,778 1.4% 1,566 Taxation (2,132) 723 (394.9%) (4,439) (1,628) 172.7% 14,832 Profit after taxation 7,264 8,207 (11.5%) 12,578 15,150 (17.0%) Other Comprehensive Income - Revaluation of Property,Plant & Equipment - - 27,620 - - Disposal of Revalued Asset - - (1,351) - Deferred tax on property revaluation - - (3,677) - 1,230 Defined benefit plan actuarial gain/(losses) 387 406 (4.7%) 774 406 90.6% (344) Deferred tax on defined benefit plan actuarial gain/(losses) (109) (114) (4.4%) (217) (114) 90.4% (2,180) Available for sale Financial assets - change in fair value 95 95 0.0% 95 95 0.0% 2,131 Reclassified to Profit or loss (357) - - 15,669 Comprehensive Income 7,280 8,594 (15.3%) 35,822 15,537 130.6% 1.24 Earnings Per Share (Rs.) 0.61 0.68 (11.5%) 1.05 1.26 (17.0%) 4 Note: All values are in Rupees '000s, unless otherwise stated. The above figures are subject to audit.

5 Statement of Changes in Equity Group Stated Revaluation Available Retained Capital Reserves for sale Profit Notes Balance as at 1st April 2016 12,440 613,505 49 363,555 989,549 Net Profit for the period - - - 15,150 15,150 Other comprehensive income for the period - - 46 46 Defined benefit plan actuarial (loss)/gain net of tax 292 292 Dividend Paid - Balance as at 30 September 2016 12,440 612,989 95 379,513 1,005,037 Net Profit for the period - - - (318) (318) Other comprehensive income for the period - - (95) (95) Disposal of Revalued Fixed Asset - - - - - Defined benefit plan actuarial (loss)/gain net of tax - - - 594 594 Dividend Paid (7,200) (7,200) Balance as at 31 March 2017 12,440 612,473-373,105 998,018 Net Profit for the period - - - 12,578 12,578 Other comprehensive income for the period - - 94-94 Reversal of Revaluation Fixed Asset (6,118) 6,118 - Revaluation of Fixed Asset 27,620 27,620 Disposal of Revalued Fixed Asset (1,351) 1,351 - Transfered to deffered tax liability (3,677) (3,677) Dividend paid - - - - - Defined benefit plan actuarial (loss)/gain net of tax - - - 557 557 Balance as at 30 September 2017 12,440 628,431 94 394,225 1,035,190 Company Stated Revaluation Available Retained Capital Reserves for sale Profit Balance as at 1st April 2016 12,440 613,505-358,700 984,645 Net Profit for the period - - - 14,828 14,828 Other comprehensive income for the period - - 9-9 Transfer to Deferred Tax liability - - - - - Defined benefit plan actuarial (loss)/gain net of tax 285 285 Dividend Paid - - - Balance as at 30 September 2016 12,440 612,989 9 374,329 999,767 Net Profit for the period - - - (1,607) (1,607) Other comprehensive income for the period - (163) - (9) Disposal of Revalued Fixed Asset - - - Defined benefit plan actuarial (loss)/gain net of tax - - - 601 601 Dividend Paid (7,200) (7,200) Balance as at 31 March 2017 12,440 612,473-366,639 991,552 Net Profit for the period - - - 12,001 12,001 Other comprehensive income for the period - - 69-69 Reversal of Revaluation Fixed Asset (6,118) 6,118 - Revaluation of Fixed Asset 27,620 27,620 Disposal of Revalued Fixed Asset (1,351) 1,351 - Transfered to deffered tax liability (3,677) (3,677) Dividend Paid - - - - - Defined benefit plan actuarial (loss)/gain net of tax 557 557 Balance as at 30 September 2017 12,440 628,431 69 387,182 1,028,122

6 Statement of Cash Flows Company Group Company Group Audited Audited Unaudited Unaudited as at as at as at as at as at as at 31.03.17 31.03.17 30.09.17 30.09.16 30.09.17 30.09.16 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Cash Flow from Operating Activities 11,522 13,266 Net profit before Taxation 16,343 16,317 17,017 16,778 Adjustments for : 8,463 8,463 Depreciation 6,549 4,164 6,549 4,164 3,430 3,430 Provision for Defined Benefit Plan 1,312 1,642 1,312 1,642 (14,792) (15,428) Interest Income (7,319) (6,940) (7,676) (7,147) 851 851 Interest Expense 438 679 438 679 (90) - Dividend Income (90) (90) - - Gain on sale of Property, Plant and Equipment (980) - (980) - - - Gain on Revaluation of Investment Property - - - - 904 904 Provision for bad debts - - - - 876 876 Realized Exchange (Gain)/Loss (933) 131 (933) 131 906 906 Unrealized Exchange (Gain)/Loss (172) (814) (172) (814) 12,070 13,268 Operating Profit before Working Capital Changes 15,148 15,089 15,555 15,433 25,238 25,238 (Increase)/Decrease in Inventories 20,934 80,238 20,934 80,238 (16,542) (16,756) (Increase)/Decrease in Debtors & Receivables 43,445 (3,720) 43,502 (3,260) - - (Increase)/Decrease in Dues from related parties (78) (70) - - (22,346) (22,279) Increase/(Decrease) in Trade & other Payables (58,763) (62,643) (59,596) (64,452) (13,650) (13,797) 5,538 13,805 4,840 12,526 (1,580) (529) Cash generated from operations 20,686 28,894 20,395 27,959 (851) (851) Interest paid (438) (679) (438) (679) (7,212) (7,576) Income Tax paid (1,453) (5,467) (1,786) (5,764) (729) (729) Employee Benefits paid (323) (278) (323) (278) (10,372) (9,685) Net Cash from Operating Activities 18,472 22,470 17,848 21,238 Cash Flow from Investing Activities (2,735) (2,735) Purchase of Property,Plant & Equipments (756) (898) (756) (898) - - Capital Work in Progress (286) - (286) - 2,029 1,682 Investment in Long term instruments 142 17,510 (3,289) 17,455 2,114 4,313 Investment in Short term instruments (10,069) (32,895) (10,069) (32,497) 90 - Dividend received 90 90 - - 14,792 15,428 Interest received 7,319 6,940 7,676 7,147 - - Disposal of Fixed Asset 2,447-2,447-16,290 18,688 Net Cash from/(used) in Investing Activities (1,113) (9,253) (4,277) (8,793) Cash flow from Financing Activities (7,200) (7,200) Dividend paid - - - - - - Loan repaid - - - - (7,200) (7,200) Net Cash used in Finance Activities - - - - (1,282) 1,803 Increase in Cash & Cash Equivalents 17,359 13,217 13,571 12,445 Movement in Cash and Cash equivalents 3,329 4,377 At the beginning of the period 2,047 3,329 6,180 4,377 (1,282) 1,803 Increase/(Decrease) 17,359 13,217 13,571 12,445 2,047 6,180 At the end of the period 19,406 16,546 19,751 16,822 - - Bank overdrafts (155) - (155) - 2,047 6,180 Cash and bank balances 19,561 16,546 19,906 16,822 2,047 6,180 19,406 16,546 19,751 16,822

7 Explanatory Notes 1. These Statements are prepared in accordance with the prevailing LKAS, & are subject to audit. 2. All known expenses have been provided for in these financial statements. 3. The Accounting Policies and methods of computation are consistent with those followed previously. 4. No circumstances have arisen since the Balance sheet date, that requires further disclosure or adjustment in these statements. No contingent liabilities or assets exist as at the beginning or end of any period. 5. The Cash Flow Statement reflects both realised and unrealised exchange gains/losses. The closing balance of USD liabilities 6 has been translated at the weighted average bank rate published by the Central Bank, as at the end of the period. Fully depreciated motor vehicles were revalued on 01/04/2017 for Rs.27,620,504 and depreciation has been charged on pro-rated basis for the current year. 7 Revlon distributorship ceased on 06.12.2016. The segment is no longer significant according to Operating Segments (SLFRS 08). 8 The shareholders authorised a first & final Dividend of Rs.0.50 per share at the AGM, for the year ended 2016/2017, which was subsequently paid on 10th October 2017 9 Directors' Shareholdings as at 30 September No. of Shares 2017 % 2016 % Mrs. Bernadette J. Aloysius 3,594,800 29.96 3,594,800 29.96 Mr. Jeremy D. Aloysius 877,340 7.31 877,340 7.31 Mr. Rajeev A.J. Aloysius 877,340 7.31 877,340 7.31 Ms. Julie A. Aloysius 877,340 7.31 877,340 7.31 Ms. J. Joanne B. Aloysius Rajiyah 877,340 7.31 877,340 7.31 Prof. John A. Aloysius 877,340 7.31 877,340 7.31 Mr. Sarath C. Weerasooria (retired at the AGM on 28.09.17) - - 13,600 0.11 7,981,500 66.51 7,995,100 66.63 10 Major Shareholdings as at 30 September No. of Shares 2017 % 2016 % Mrs. Bernadette J. Aloysius 3,594,800 29.96 3,594,800 29.96 Sanjeev E.C. Gardiner 1,179,500 9.83 1,179,500 9.83 Prof. John A. Aloysius 877,340 7.31 877,340 7.31 Ms. Julie A. Aloysius 877,340 7.31 877,340 7.31 Mr. Jeremy D. Aloysius (Jt. Managing Director/CEO) 877,340 7.31 877,340 7.31 Mr. Rajeev A.J. Aloysius (Jt. Managing Director/CEO) 877,340 7.31 877,340 7.31 Ms. J. Joanne B. Aloysius 877,340 7.31 877,340 7.31 Mercury Limited 840,000 7.00 840,000 7.00 Galle Face Hotel Co. Ltd / Seylan Bank PLC 533,200 4.44 533,200 4.44 Seventy Limited 410,100 3.42 410,100 3.42 Cyril Gardiner Limited 161,000 1.34 161,000 1.34 Pan Asia Bank Corporation PLC/W.S.S.Amarasooriya 114,078 0.95 112,943 0.94 Hiranjan C.W. Aloysius 55,700 0.46 55,700 0.46 Anthonypillai Saverimuttu 50,000 0.42 50,000 0.42 Island Holding (Pvt) Ltd 43,640 0.36 43,640 0.36 R. Jehan M. Francis Aloysius 30,400 0.25 30,400 0.25 Dennis J. Aloysius - - 29,800 0.25 George L.A. Ondaatjie 30,000 0.25 30,000 0.25 Nikan (Private) Ltd. 29,800 0.25 29,800 0.25 Hotel International (Private) Limited 25,725 0.21 - - I.D. Sinnaduray 23,800 0.20 23,800 0.20 11,510,460 95.90 11,511,383 95.93 11 The percentage of Shares held by the Public as at 30 September 2017 was 22.706%. The number of shareholders as at that date was 574.