Page 104 - CA Sri Lanka Integrated Annual Report 2023

NOTES TO THE FINANCIAL STATEMENTS

8 INVENTORIES
As at 31 December 2023 2022
Rs.'000 Rs.'000
Study packs and study materials 10,474 24,909
Publications 6,450 8,662
Stationery, consumables and others 17,778 14,765
Total 34,702 48,336

9 RECEIVABLES
As at 31 December 2023 2022
Rs.'000 Rs.'000
Receivables 207,412 216,017
Less: Provisions (12,231) (13,321)
Net Receivables 195,181 202,696
Other Receivables 27,579 2,874
Deposits and prepayments 30,095 24,559
Prepaid staff cost 5,890 580
Advances 13,327 5,005
Total 272,072 235,714
Other Receivables includes Bank Guarantees executed by the Department of Inland Revenue as per the No. 27.

10 CASH AND CASH EQUIVALENTS
As at 31 December 2023 2022
Rs.'000 Rs.'000
Favourable balances
Treasury bill repurchase agreements 49,017 80,029
Cash at bank 68,299 47,814
Cash in hand 273 155
Total 117,589 127,998

Unfavourable balances
Bank overdrafts (10,545) (1,917)
Total cash and cash equivalents for the purpose of statement of cash flows 107,044 126,081
Repo investments which fall under government securities are backed by treasury bills and bonds which are provided as collateral.

102 CA Sri Lanka Integrated Annual Report 2023