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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.
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