Page 60 - CPM Sri Lanka Annual Report 2020-2021
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60 ACCELERATION THROUGH
ADAPTATION
CPM Sri Lanka | Annual Report 2020-2021
10 NUMBER OF EMPLOYEES
The number of employees of the Institute as at 31 March 2021 is 3. (2020 : 2)
11 COMMITMENTS
There were no commitments outstanding as at the reporting date.
12 CONTINGENT LIABILITIES
The Institute has no any significant contingent liabilities as at the reporting date.
13 EVENTS OCCURRING AFTER THE REPORTING DATE
There were no material events that occurred after the reporting date, which require adjustments to or disclosures in these
financial statements.
14 OTHER MATTERS: IMPACT OF COVID-19 PANDEMIC
The corona-virus outbreak has brought about additional uncertainties in the Institute’s operating environment. The
Institute has been closely monitoring the impact of the developments on the businesses and has put in place contingency
measures.
The Institute understands the importance of the safety measures implemented by world leaders and implemented all the
precautionary measures advised. We are aware of the unpredictable nature of the current situation of the country and the
globe, therefore the Institute wishes to further observe the impacts and take proactive measures to ensure the smooth
functioning of the business. While, abiding by the health guidelines to ensure health and safety.
15 LITIGATION AND CLAIMS
There are no litigation or claims as at the reporting date.
16 APPROVAL OF FINANCIAL STATEMENTS
These financial statements were approved by the Governing council and authorised for issue on 10 December 2021.
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