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CPM Sri Lanka | Annual Report 2019/20 51
STATEMENT OF INCOME AND Note 2020 2019
EXPENDITURE (CONTINUED) Rs. Rs.
For the year ended 31 March,
Cricket challenge 130,820 -
EFM presentation 599,724 493,774
Regional management conference 903,451 2,636,544
Professional development programme - 105,200
Management quiz battle 694,801 -
M&E programme 622,782 -
Total expenditure 13,282,262 8,766,497
Surplus before tax expenses 7,205,656 595,013
Tax expense 9 (40,384) (79,933)
SURPLUS FOR THE YEAR 7,165,272 515,080
The financial statements are to be read in conjunction with the related notes, which form an integral part of these financial
statement of the Institute.