Page 88 - CA Sri Lanka Integrated Annual Report 2023
P. 88
STATEMENT OF CHANGES IN FUNDS AND RESERVES
Accumulated Government OCI reserve Designated Total
Fund Grant Reserves
Rs.’000 Rs.’000 Rs.’000 Rs.’000 Rs.’000
Balance as at 1 January 2022 1,801,906 699,000 6,490 - 2,507,396
Income over expenditure for the year after tax 217,880 - - - 217,880
Actuarial gain on defined benefit obligation - - 6,117 - 6,117
Designated funds reclassified as reserves - - - 36,343 36,343
Balance as at 31 December 2022 2,019,786 699,000 12,607 36,343 2,767,736
Balance as at 1 January 2023 2,019,786 699,000 12,607 36,343 2,767,736
Income over expenditure for the year after tax 279,866 - - - 279,866
Actuarial loss on defined benefit obligation - - (8,580) - (8,580)
Designated funds reclassified as reserves 21,424 21,424
Balance as at 31 December 2023 2,299,652 699,000 4,027 57,767 3,060,446
Government grant received from the Democratic Socialist Republic of Sri Lanka further explained in note 3.1.
The accounting policies and notes on pages 88 to 112 form an integral part of these financial statements.
86 CA Sri Lanka Integrated Annual Report 2023
