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CPM Sri Lanka | Annual Report 2019/20 49
STATEMENT OF FINANCIAL POSITION Note 2020 2019
As at 31 March , Rs. Rs.
Assets
Non-current assets
Equipment 4 388,627 57,614
Deferred tax asset - -
388,627 57,614
Current assets
Receivable 28,025 8,000
Fixed deposit 12,220,880 4,987,850
Refundable deposit 25,000 -
Cash and cash equivalents 5 338,478 92,555
12,612,383 5,088,405
TOTAL ASSETS 13,001,010 5,146,019
Funds and liabilities
Funds
Accumulated fund 11,795,457 4,630,185
11,795,457 4,630,185
Current liabilities
Accrued expenses 6 789,146 515,834
Bank overdraft 5 416,407 -
1,205,553 515,834
Total liabilities 1,205,553 515,834
Total funds and liabilities 13,001,010 5,146,019
he financial statements are to be read in conjunction with the related notes, which form an integral part of these financial
statement of the Institute.
…………………………..............................
M.B.Ismail
Treasurer
The Governing Council is responsible for the preparation and presentation of these financial statements in accordance
with SLFRS for SMEs.
Approved and signed for and on behalf of the Governing Council;
………………………….............................. …………………………..............................
Prof.L.R.Watawala Kosala M. Dissanayake
President Secretary
09 September 2020
th
Colombo
