THE AUTODROME PLC PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD7ENDED

THE AUTODROME PLC PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD7ENDED 31.12.2017

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 31/12/2017 31/12/2016 31.03.2017 Rs. Rs. Rs. Closing price 80.30 75.00 70.00 Highest price for the period 82.00 80.50 75.00 Lowest price for the period 74.00 67.50 (see note 10) 60.00 No. of shares 12,000,000 12,000,000 12,000,000 Market Capitalization 963,600,000 900,000,000 840,000,000 RATIOS Net Assets Per Share 85.32 82.76 82.73 Annualised Earning Per Share 1.32 1.26 (see note 10) 1.21 Annualised Price Earning Ratio (times) 60.97 59.75 57.99 * post share split Corporate Information Company Registration Number PQ-84 Stock Exchange: AUTO.N0000 Board of Directors Company Secretaries Registered Office Lawyers Auditors Bankers Ms. Bernadette Aloysius BA- Chairperson Mr. Jeremy D. Aloysius MBA (USA) - Jt. Managing Director Mr. Rajeev Aloysius FCMA, FCMA(UK), CGMA, MBA - Jt. Managing Director Ms. Joanne Aloysius BSc (Lon.), MBA - Marketing Director Mr.. C. Lakshman Sirimanne, Dip. Eng, IMS (UK) Prof. John A. Aloysius BSc, PhD (USA) Ms. Julie A. Aloysius BA (USA) Mr. M. Raviraj Ratnasabapathy FCMA(UK), CGMA, MBA Mr. Brihadhisvara Ponnambalam 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 31.12.2017 31.12.2016 31.12.2017 31.12.2016 Notes Rs.'000 Rs.'000 Rs.'000 Rs.'000 Assets Non-current assets 743,558 743,558 Property, Plant & Equipment 762,154 745,566 762,154 745,566 - - Capital Work-in -Progress 298-298 - 500 - Investments in subsidiary 500 500 - - 130,485 134,585 Long Term Investment 130,047 115,130 137,363 119,230 874,543 878,143 892,999 861,196 899,815 864,796 Current Assets 142,740 142,740 Inventories 96,135 112,892 96,135 112,892 150,902 151,701 Receivables and Prepayments 113,373 130,464 114,233 131,147 - - Amount due from related parties 64 90 - - - - Other Investment 25,207 25,000 25,207 26,762 Current Tax Assets 2,608 3,794 2,872 3,743 4,632 8,765 Cash and Cash Equivalents 27,045 17,614 27,210 17,944 298,274 303,206 264,432 289,854 265,657 292,488 1,172,817 1,181,349 Assets 1,157,431 1,151,050 1,165,472 1,157,284 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 626,334 612,731 626,334 612,731 - - Available for sale Reserve 207-223 48 366,639 373,105 Revenue Reserves 384,810 367,981 392,026 373,444 991,552 998,018 Shareholders' Funds 1,023,791 993,152 1,031,023 998,663 Non-current Liabilities 23,475 23,475 Deferred Taxation 28,992 23,141 28,992 23,141 18,584 18,584 Retirement Benefit Obligations 20,343 17,808 20,343 17,808 42,059 42,059 49,335 40,949 49,335 40,949 Current Liabilities 142,119 144,235 Trade and Other Payables 80,807 112,369 81,616 113,092 (5,498) (5,548) Current Tax Liabilities - - - - 2,585 2,585 Bank Overdraft 3,498 4,580 3,498 4,580 139,206 141,272 84,305 116,949 85,114 117,672 181,265 183,331 Liabilities 133,640 157,898 134,449 158,621 1,172,817 1,181,349 Equity and Liabilities 1,157,431 1,151,050 1,165,472 1,157,284 The Statement of Financial Position as at 31st December 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 16th January 2018 Jeremy Aloysius Jt. Managing Director

Company Statement of Comprehensive Income Y/E 31.03.2017 Audited Quarter ended 31 December Nine months ended 31 December 2017 (Unaudited) 2016 (Unaudited) 2017 (Unaudited) 2016 (Unaudited) Beauty Care & other Beauty Care & other Change Beauty Care & other Beauty Care & other Change 709,138 Turnover 134,340-134,340 139,853 19,673 159,526 (15.8%) 400,495-400,495 455,197 91,295 546,492 (26.7%) (592,157) Cost of Sales (106,438) - (106,438) (118,008) (17,216) (135,224) (21.3%) (316,822) - (316,822) (375,878) (79,354) (455,232) (30.4%) 116,981 Gross Profit 27,902-27,902 21,845 2,457 24,302 14.8% 83,673-83,673 79,319 11,941 91,260 (8.3%) 11,350 Other Operating Income 3,697 3,385 9.2% 11,303 8,306 36.1% 128,331 31,599 27,687 14.1% 94,976 99,566 (4.6%) Less :Expenses 107,111 Administrative Expenses 29,228 28,229 3.5% 82,802 79,880 3.7% 21,829 Marketing Expenses 2,392 4,471 (46.5%) 3,838 15,326 (75.0%) 128,940 31,620 32,700 (3.3%) 86,640 95,206 (9.0%) (609) Operating Profit (21) (5,013) (99.6%) 8,336 4,360 91.2% 14,792 Finance Income 4,604 3,474 32.5% 13,028 11,097 17.4% (2,661) Finance Cost (59) (835) (92.9%) (497) (1,514) (67.2%) 11,522 Profit before taxation 4,524 (2,374) (290.6%) 20,867 13,943 49.7% 1,700 Taxation (720) 2,610 (127.6%) (5,062) 1,121 (551.6%) 13,222 Profit after taxation 3,804 236 1511.9% 15,805 15,064 4.9% Other Comprehensive Income - Revaluation of Property,Plant & Equipment - - 27,620 - Disposal of revalue Asset - (1,351) - Deferred tax on property revaluation (1,840) - (5,517) - 1,230 Defined benefit plan actuarial (loss)/gain (584) 496 190 902 (344) Deferred tax on defined benefit plan actuarial (gain)/loss 164 (139) (53) (253) (2,131) Available for sale Financial assets - change in fair value 138 (9) 207-2,131 Reclassified to Income Statement - (785) - (785) 14,108 Comprehensive Income 1,682 (201) 936.8% 38,252 14,928 156.2% 1.10 Earnings Per Share (Rs.) 0.32 0.02 (1511.9%) 1.32 1.26 4.9% Note: All values are in Rupees '000s, unless otherwise stated.the above figures are subject to audit. 3

Group Statement of Comprehensive Income Y/E 31.03.2017 Audited Quarter ended 31 December Nine months ended 31 December 2017 (Unaudited) 2016 (Unaudited) 2017 (Unaudited) 2016 (Audited) Beauty Care, Travel & other Beauty Care, Travel & other Change Travel & other Beauty Care, Travel & other Change 711,296 Turnover 134,340 305 134,645 139,853 20,155 160,008 (15.9%) 400,495 1,207 401,702 455,197 92,710 547,907 (26.7%) (592,027) Cost of Sales (106,438) - (106,438) (118,008) (17,216) (135,224) (21.3%) (316,822) - (316,822) (375,878) (79,354) (455,232) (30.4%) 119,269 Gross Profit 27,902 305 28,207 21,845 2,939 24,784 13.8% 83,673 1,207 84,880 79,319 13,356 92,675 (8.4%) 10,879 Other Operating Income 3,697 3,325 11.2% 11,103 7,968 39.3% 130,148 31,904 28,109 13.5% 95,983 100,643 (4.6%) Less :Expenses 107,795 Administrative Expenses 29,403 28,456 3.3% 83,357 80,504 3.5% 21,854 Marketing Expenses 2,482 4,478 (44.6%) 3,933 15,337 (74.4%) 129,649 31,885 32,934 (3.2%) 87,290 95,841 (8.9%) 499 Operating Profit 19 (4,825) (100.4%) 8,693 4,802 81.0% 15,428 Finance Income 4,765 3,641 30.9% 13,546 11,471 18.1% (2,661) Finance Cost (59) (835) (92.9%) (497) (1,514) (67.2%) 13,266 Profit before taxation 4,725 (2,019) (334.0%) 21,742 14,759 47.3% 1,566 Taxation (759) 2,535 (129.9%) (5,198) 907 (673.1%) 14,832 Profit after taxation 3,966 516 668.6% 16,544 15,666 5.6% Other Comprehensive Income - Revaluation of Property,Plant & Equipment - - - 27,620 - - Disposal of revalue Asset - (1,351) - Deferred tax on property revaluation (1,840) - - (5,517) - 1,230 Defined benefit plan actuarial (loss)/gain (584) 496 (217.7%) 190 902 (344) Deferred tax on defined benefit plan actuarial (gain)/loss 164 (139) (218.0%) (53) (253) (79.1%) (2,180) Available for sale Financial assets - change in fair value 128 (47) (372.3%) 223 48 (364.6%) 2,131 Reclassified to Income Statement - (785) - - (785) - 15,669 Comprehensive Income 1,834 41 4373.2% 37,656 15,578 141.7% 1.24 Earnings Per Share (Rs.) 0.33 0.043 668.6% 1.38 1.31 5.6% 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 - - - 15,666 15,666 Other comprehensive income for the period - - (1) - (1) Depreciation Transfer - (774) - 774 - Defined benefit plan actuarial (loss)/gain net of tax 649 649 Dividend Paid (7,200) (7,200) Balance as at 31st December 2016 12,440 612,731 48 373,444 998,663 Net Profit for the period - - - (834) (834) Other comprehensive income for the period - - (48) (5) (53) Disposal of Revalued Fixed Asset - - - Defined benefit plan actuarial (loss)/gain net of tax - - - 242 242 Depreciation Transfer - (258) - 258 - Balance as at 31 March 2017 12,440 612,473-373,105 998,018 Net Profit for the period - - - 16,544 16,544 Other comprehensive income for the period - - 223 (3) 220 Depreciation Transfer - (773) - 773 - Reversal of Revaluation Fixed Asset (6,118) 6,118 - Revaluation of Fixed Asset 27,620 27,620 Disposal of Revalued Fixed Asset (1,352) 1,352 - Transfered to deffrerd Tax liability (5,517) (5,517) Defined benefit plan actuarial (loss)/gain net of tax - - - 137 137 Dividend paid - - - (6,000) (6,000) Balance as at 31 December 2017 12,440 626,334 223 392,026 1,031,023 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 - - - 15,064 15,064 Other comprehensive income for the period - - - (6.00) (6) Depreciation Transfer - (774) - 774 - Defined benefit plan actuarial (loss)/gain net of tax 649 649.00 Transfer to Deferred Tax liability - - - - - Dividend Paid - (7,200) (7,200) Balance as at 31 December 2016 12,440 612,731-367,981 993,152 Net Profit for the period - - - (1,842) (1,842) Other comprehensive income for the period - - - - Disposal of Revalued Fixed Asset - - - Depreciation Transfer - (258) - 258 - Defined benefit plan actuarial (loss)/gain net of tax - - - 242 242 Balance as at 31 March 2017 12,440 612,473-366,639 991,552 Net Profit for the period - - - 15,805 15,805 Other comprehensive income for the period - - 207 (14) 193 Depreciation Transfer - (773) - 773 - Reversal of Revaluation Fixed Asset (6,118) 6,118 - Revaluation of Fixed Asset 27,620 27,620 Disposal of Revalued Fixed Asset (1,352) 1,352 - Transfered to deffrerd Tax liability (5,517) (5,517) Dividend Paid - - - - - Defined benefit plan actuarial (loss)/gain net of tax 137 137 Dividend Paid (6,000) (6,000) Balance as at 31 December 2017 12,440 626,334 207 384,810 1,023,791

Interim Report 31 December 2016 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 31.12.16 31.12.16 31.12.16 31.12.16 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 20,867 13,943 21,742 14,759 Adjustments for : 8,463 8,463 Depreciation 9,851 6,316 9,851 6,316 3,430 3,430 Provision for Defined Benefit Plan 2,435 2,327 2,435 2,327 (14,792) (15,428) Interest Income (11,387) (11,097) (11,906) (11,471) 851 851 Interest Expense 497 750 497 750 (90) - Dividend Income (90) (90) - - Gain on sale of Property, Plant and Equipment (980) - (980) - - - Loss on Disposal of Investment Property - - - - 904 904 Provision for bad debts - - - - 876 876 Realized Exchange (Gain)/Loss - (315) - (315) 906 906 Unrealized Exchange (Gain)/Loss (1,640) 1,079 (1,640) 1,079 12,070 13,268 Operating Profit before Working Capital Changes 19,553 12,913 19,999 13,445 25,238 25,238 (Increase)/Decrease in Inventories 46,605 55,086 46,605 55,086 (16,542) (16,756) (Increase)/Decrease in Debtors & Receivables 37,529 4,801 37,468 4,701 - - (Increase)/Decrease in Dues from related parties (64) (90) - - (22,346) (22,279) Increase/(Decrease) in Trade & other Payables (59,672) (51,088) (60,938) (52,406) (13,650) (13,797) 24,398 8,709 23,135 7,381 (1,580) (529) Cash generated from operations 43,951 21,622 43,134 20,826 (851) (851) Interest paid (497) (750) (497) (750) (7,212) (7,576) Income Tax paid (2,184) (6,327) (2,564) (6,669) (729) (729) Employee Benefits paid (540) (729) (540) (729) (10,372) (9,685) Net Cash from Operating Activities 40,730 13,816 39,533 12,678 Cash Flow from Investing Activities (2,735) (2,735) Purchase of Property,Plant & Equipments (2,294) (2,596) (2,294) (2,596) - - Capital Work in Progress (298) - (298) - 2,029 1,682 Investment in Long term instruments 645 17,384 (2,555) 17,083 2,114 4,313 Investment in Short term instruments (25,207) (22,886) (25,207) (22,449) 90 - Dividend received 90 90 - - 14,792 15,428 Interest received 11,387 11,097 11,906 11,471 - - Proceeds from disposal Property,plant, equipment - - - - - Disposal of Asset held for sale 2,447-2,447-16,290 18,688 Net Cash from/(used) in Investing Activities (13,230) 3,089 (16,001) 3,509 Cash flow from Financing Activities (7,200) (7,200) Dividend paid (6,000) (7,200) (6,000) (7,200) (7,200) (7,200) Net Cash used in Finance Activities (6,000) (7,200) (6,000) (7,200) (1,282) 1,803 Increase in Cash & Cash Equivalents 21,500 9,705 17,532 8,987 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) 21,500 9,705 17,532 8,987 2,047 6,180 At the end of the period 23,547 13,034 23,712 13,364 - - Bank overdrafts (3,498) (4,580) (3,498) (4,580) 2,047 6,180 Cash and bank balances 27,045 17,614 27,210 17,944 2,047 6,180 23,547 13,034 23,712 13,364

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 The Bank Overdraft shown is a Book Overdraft only. 10 Directors' Shareholdings as at 31 December 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 - - 13,600 0.11 7,981,500 66.51 7,995,100 66.63 9 Major Shareholdings as at 31 Deccember No. of Shares 2017 % 2016 % Mrs. Bernadette J. Aloysius 3,594,800 29.96 3,594,800 29.96 Mr. 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 Mr. Hiranjan C.W. Aloysius 55,700 0.46 55,700 0.46 Mr. Anthonypillai Saverimuttu 50,000 0.42 50,000 0.42 Mr. Shamindra Vatsalan Rajiyah 43,640 0.36 43,640 0.36 Mr. R. Jehan M. Francis Aloysius 30,400 0.25 30,400 0.25 Mr. 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 - - Mr. Dennis J. Aloysius - - 28,036 0.23 Ms. I.D. Sinnaduray 23,800 0.20 23,800 0.20 11,508,443 95.90 11,509,619 95.91 11 The percentage of Shares held by the Public as at 31 December 2017 was 22.706%. The number of shareholders as at that date was 567.