Page 102 - 2596-CA SR Lanka- Annual Report 2022

NOTES TO THE FINANCIAL STATEMENTS

Note 8 - Inventories
As at 31 December 2022 2021
Rs.'000 Rs.'000

Study packs and study materials 24,909 15,689
Publications 8,662 9,462
Stationery, consumables and others 14,765 7,217
Total 48,336 32,368

Note 9 - Receivables
As at 31 December 2022 2021
Rs.'000 Rs.'000

Receivables 218,891 200,222
Less: Provisions (13,321) (13,506)
Deposits and prepayments 24,559 20,853
Prepaid staff cost 580 1,885
Advances 5,005 7,979
Total 235,714 217,433

Note 10 - Cash and cash equivalents
As at 31 December 2022 2021
Rs.'000 Rs.'000

Favourable balances
Treasury bill repurchase agreements 80,029 48,000
Cash at banks 47,814 23,143
Cash in hand 155 101
Total 127,998 71,244

Unfavourable balances
Bank overdrafts (1,917) (857)
Total cash and cash equivalents for the purpose of statement of cash flows 126,081 70,387

Repo investments which fall under government securities is backed by treasury bills and bonds which are provided as collateral.

100 CA SRI LANKA | Integrated Annual Report 2022