Page 48 - CPM Sri Lanka Annual Report 2020-2021

48 ACCELERATION THROUGH
ADAPTATION
CPM Sri Lanka | Annual Report 2020-2021

STATEMENT OF FINANCIAL POSITION

As at 31 March, Note 2021 2020

Rs. Rs.
Assets
Non-current assets
Equipment 4 324,093 388,627
Deferred tax asset - -
324,093 388,627
Current assets
Receivable - 28,025
Fixed deposit 19,011,059 12,220,880
Refundable deposit 25,000 25,000
Cash and cash equivalents 5 285,370 338,478
19,321,429 12,612,383
Total assets 19,645,522 13,001,010
Funds and liabilities
Funds
Accumulated fund 19,196,791 11,795,457
19,196,791 11,795,457

Current liabilities
Accrued expenses 300,096 789,146
Bank overdraft 5 148,635 416,407
448,731 1,205,553
Total liabilities 448,731 1,205,553
Total funds and liabilities 19,645,522 13,001,010

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.

…………………………..............................
M. Basheer 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. Lakshman R. Watawala Kosala M. Dissanayake
President Secretary

14 December 2021
th
Colombo
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