Page 102 - CA Sri Lanka Integrated Annual Report 2023

NOTES TO THE FINANCIAL STATEMENTS

3.3 Fully depreciated property, plant and equipment
As at 31 December 2023 2022
Rs.'000 Rs.'000
Buildings 16,938 16,938
Furniture 61,970 48,381
Plant and machinery 125,547 125,547
Motor vehicles 12,121 12,121
Computers, Servers and IT equipment 46,253 46,138
Total 262,829 249,125

3.4 Impairment of property, plant and equipment
The Management has assessed the potential impairment loss of property, plant and equipment as at 31 December 2023. Based on the
assessment, no impairment provision is required to be made in the financial statements as at the reporting date in respect of property, plant
and equipment.
3.5 Property, plant and equipment pledged as security
There were no items of property, plant and equipment pledged as securities for liabilities as at the reporting date.

4 INTANGIBLE ASSETS

Software Software Study material Work-in Total
licences development progress
projects
Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000
Balance as at 1 January 2022 50,363 9,406 180,246 6,861 246,876

Additions 1,512 - 2,783 2,950 7,245
Capitalised during the year - - 3,640 (3,640) -
Balance as at 31 December 2022 51,875 9,406 186,669 6,171 254,121

Additions 615 - 585 6,608 7,808
Capitalised during the year - - 5,000 (5,000) -
Balance as at 31 December 2023 52,490 9,406 192,254 7,779 261,929
Amortisation
Software Software Study material Work-in Total
licences development progress
projects
Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000

Balance as at 1 January 2022 25,621 7,131 161,735 - 194,487

Amortisation for the year 5,958 1,571 18,632 - 26,161
Balance as at 31 December 2022 31,579 8,702 180,367 - 220,648

Amortisation for the year 5,959 692 2,479 - 9,130
Balance as at 31 December 2023 37,538 9,394 182,846 - 229,778

Carrying amounts
As at 31 December 2023 14,952 12 9,408 7,779 32,151

As at 31 December 2022 20,296 704 6,302 6,171 33,473

100 CA Sri Lanka Integrated Annual Report 2023