Page 103 - CA Sri Lanka Integrated Annual Report 2023

4.1 Impairment of intangible assets
The Management has assessed the potential impairment loss of intangible assets 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 intangible assets.

4.2 Intangible assets pledged as security
There were no items of intangible assets pledged as securities for liabilities as at the reporting date.

4.3 Title restriction on intangible assets
There are no restrictions that existed on the title of the intangible assets of the Institute as at the reporting date.

5 LIBRARY BOOKS
As at 31 December 2023 2022
Rs.'000 Rs.'000
Balance at the beginning of the year 1,116 669
Additions 910 1,352
Depreciation (772) (905)
Balance at the end of the year 1,254 1,116

6 LOANS AND ADVANCES TO STAFF
As at 31 December 2023 2022
Rs.'000 Rs.'000
Receivable within one year 8,133 7,371
Receivable after one year 10,527 13,737
Total 18,660 21,108

7 FINANCIAL ASSETS AT AMORTISED COST
As at 31 December 2023 2022
Rs.'000 Rs.'000
Maturity within one year - Fixed Deposits 128,360 87,544
128,360 87,544

Maturity after one year - Fixed Deposits 150,000 150,000
- Bonds 1,681,519 1,438,665
1,831,519 1,588,665

Total 1,959,880 1,676,209

As at 31 December 2023 2022
Carrying Fair Carrying Fair
Value Value Value Value
Rs.'000 Rs.'000 Rs.'000 Rs.'000

Fixed Deposits 150,000 150,000 150,000 150,000
Treasury Bonds 1,681,519 2,039,968 1,438,665 1,167,319
Total 1,831,519 2,189,968 1,588,665 1,317,319

Fixed deposits have been made in a state owned bank with a credit rating of A
7.1 Impairment of financial assets
Refer Note 31 in page 111 for Risk management disclosures and maturity analysis of the financial assets.

CA Sri Lanka Integrated Annual Report 2023 101