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48                                                                          Report of the
                                                                                                                                          Financial
                                                            Milestones   Financial   Governing    Governing    Committees    Operational  Financial
                                                                                                                             Highlights
                                                                                                  Structure
                                                                         Review
                                                                                                                                          Statements
                                                                                                                                          Statements
                                                                                    Council
                CPM Sri Lanka  |  Annual Report 2021-2022
                          STATEMENT OF INCOME & EXPENDITURE



                           For the year ended 31 March,                                          2022                       2021

                                                                                                   Rs.                         Rs.

                           Expenditure (Continued)
                           Bank charges and credit card commissions                              28,125                     35,528
                           Cricket challenge                                                          -                     24,625
                           EFM presentations                                                      4,900                     49,760
                           Conference and BMPC awards expenses                                2,503,127                          -
                           Professional development programme                                         -                      8,000
                           Management quiz competition                                          719,277                          -
                           M&E programme expenses                                               664,566                    290,537
                           Refreshments                                                          24,745                          -
                           Office relocating expenses                                           370,382                          -
                           Electricity expense                                                   61,895                          -
                           Water                                                                  8,625                          -
                           Pre budget - Webinar                                                   6,000                          -
                           Sahana CSR project                                                   191,570                          -
                           Total expenditure                                                 14,883,870                  7,545,745


                           Surplus before tax expenses                                       10,409,136                  7,520,825

                           Tax expense                                                 8       (126,799)                  (119,491)

                           Surplus for the year                                              10,282,337                  7,401,334


                           The financial statements are to be read in conjunction with the related notes, which form an integral part of these financial
                           statements of the Institute






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