Go through the following document before filling the application.

11. EVALUATION CRITERIA TO BE SPECIFICALLY ADDRESSED IN PREPARING THE REPORT

1.0 EXCELLENCE IN STRATEGY & LEADERSHIP - (Total Marks – 150)

Describe how the Board of Directors and/or the Leadership guides the organisation, and inspires the employees to achieve the desired goals and guides it to achieve excellence. In particular describe what the organisation does in terms of the following:

2.0 EXCELLENCE IN CORPORATE GOVERNANCE - (Total Marks 110)

Describe how the Corporate Governance Structure is in place and the direction for the company is implemented in the following areas

3.0 EXCELLENCE IN CAPACITY BUILDING - (Total Marks  150)

Please note that this section is in two parts. One is the capacity building of your operations through new investments in plant and machinery and the other is the capacity building of your employees.
Provide details of how the organisation improves the capacity of the organisation in terms of investment in new plant and machinery, R&D, product innovation, acquisition of new technology, process improvement and investing in and developing people.

4.0 EXCELLENCE IN PERFORMANCE MANAGEMENT - (Total Marks 130)

Please note that this is in two parts. One is the performance management of the organisation and the other is the performance management of the employees.
Describe how the performance targets, budgets for the organisation as a whole, and for departments/units/teams, and individuals are set, monitored and evaluated. In particular describe the following:

5.0 EXCELLENCE IN LOCAL AND GLOBAL MARKET REACH - (Total Marks 190)

Describe how the Organisation has outperformed others in getting its products and services to be accepted in the local and global market

(Provide answer to either 5.1 or 5.2)

Please mark "Not Applicable" it as not relevant in each question that you have not chosen to answer between 5.1 and 5.2. 

6.0 EXCELLENCE IN ENVIRONMENTAL SOCIAL GOVERNANCE - (Total Marks – 120)

Describe the strategies, activities and results in terms of benefiting consumers, employees, communities, environment and other stakeholders in the public sphere and in particular the following.

7.0 EXCELLENCE IN BUSINESS AND FINANCIAL RESULTS - (Total Marks – 150)

Describe with tables and charts the performance of the organisation in terms of financial performance in addition to the requirements in the tables in Part C

Provide the following for the last five years:

1.    Revenue (in total and segments if any) - (Marks 40)

2.    Gross Profit                      - (Marks  40)

3.    Return on Equity (ROE)  - (Marks 35)

4.    Return on Assets (ROA) - (Marks 35)

Explain any impact arising from Government policy changes, climate change and other uncontrollable factors.

Go through the following before filling the part C.

Appendix II

Explanatory Notes:

In case the financial statements of the company are presented in a currency other than LKR, convert such amounts at the buying rate as at end of the respective financial year.

Note 1 - Export Revenue – This includes only direct revenue from goods and services exported and supplied and revenues earned in foreign currency and brought into Sri Lanka. Further goods and services consumed abroad for which payments have been made in local currency by a resident individual or resident company should not be included.

Note 2 – Research and Development Expenditure - The R&D expenditure which is expended and published / indicated in the financial statement should be used for these figures.

Note 3 – EBIT – Earnings before interest & tax

Note 4 – NPBT – Net Profit before tax, and before net exchange gain differences. In order to capture the results of operations independent of the exchange differences, application must provide the Net Profit before tax without the impact of net exchange gain/loss.

Note 5 – Revenue – Revenue means the value of goods supplied and services rendered and invoiced by the company during the year. The revenue to be stated in the application is that disclosed in the company’s annual reports / accounts submitted with this application. 

APPLICATION FORM PART C – FINANCIAL & STATISTICAL INFORMATION

(Provide amounts in LKR millions. Foreign currency to be converted at the buying rate as at end of the financial year)

Special Purpose Audit Report by the Auditors of the Company/ Organization

The Special Purpose Audit report covering items 1, 2, 3 and 4 of PART C above is attached.

Evaluation Procedure
Applications are reviewed and evaluated in a three-stage process as described below

First Stage - Desk Review
All the applications will be screened and reviewed, and the process would be two-fold. Initially, there will be an acceptance conformity screening to assess whether all the requirements are fulfilled in the application form and thereafter referred to the Technical Panel for further review. At the conclusion of the first stage of review, the panel will short-list the applicants who would proceed to the second stage.

Second Stage – Technical Review
The Technical Committee will review all the accepted applications and will allocate marks as per the criteria under each sector, sub sector criterion. Detailed marks will be provided by the technical panel and after the marks are ranked, will be presented to the Panel of Judges for final review and selection based on the interviews.

Third Stage - Judges' Final Review
The Panel of Judges would make the final selection of the award recipients after a careful review of all preliminary evaluation reports and the outcome of the interviews.