Page 84 - 2596-CA SR Lanka- Annual Report 2022

STATEMENT OF FINANCIAL POSITION

As at 31 December 2022 2021
Note Page No Rs.'000 Rs.'000

Assets
Non-current assets
Property, plant and equipment 3 97 1,277,394 1,265,707
Intangible assets 4 98 33,473 52,389
Library books 5 99 1,116 669
Loans and advances to staff 6 99 13,737 11,085
Financial assets at amortised cost 7 99 1,588,665 -
Total non-current assets 2,914,385 1,329,850

Current assets
Inventories 8 100 48,336 32,368
Receivables 9 100 235,714 217,433
Loans and advances to staff 6 99 7,371 6,609
Financial assets at amortised cost 7 99 87,544 1,522,083
Cash and cash equivalents 10 100 127,998 71,244
Total current assets 506,963 1,849,737
Total assets 3,421,348 3,179,587

Funds and liabilities
Accumulated fund and reserves
Accumulated fund 2,019,786 1,801,906
Government grant 699,000 699,000
OCI reserve 12,607 6,490
Designated funds 36,343 -
Total accumulated fund and reserves 2,767,736 2,507,396
Funds and grants
Designated funds 11 101 67,700 90,677
Restricted funds and grants 12 102 25,028 20,336
Endowment funds 13 104 1,570 1,777
Total funds and grants 94,298 112,790
Non-current liabilities
Retirement benefit obligation 14 104 25,074 25,974
Lease liability 15 105 58,471 78,661
Total non-current liabilities 83,545 104,635

Current liabilities
Payables and advances 16 105 379,690 378,930
Lease liability 15 105 25,441 24,015
Income tax payable 17 105 17,333 5,551
Deferred income 51,388 45,413
Bank overdrafts 10 100 1,917 857
Total current liabilities 475,769 454,766
Total liabilities 559,314 559,401
Total funds and liabilities 3,421,348 3,179,587
The accounting policies and notes on pages 86 to 110 form an integral part of these financial statements.
These financial statements have been prepared and presented in compliance with Sri Lanka Accounting Standards issued by the Institute of
Chartered Accountants of Sri Lanka.
Signed for and on behalf of the Council

Lathika Wijayawardana Dulani Fernando Sanjaya Bandara Heshana Kuruppu
Head of Finance Chief Executive Officer President Vice President
Colombo
27 March 2023

82 CA SRI LANKA | Integrated Annual Report 2022