Page 113 - annual_report_2024

CA Sri Lanka Integrated Annual Report 2024 111

Statement of Comprehensive Income

For the Year Ended 31 December 2024 2023
Note Page No Rs.’000 Rs.’000
Income 18 134 1,446,590 1,018,009

Student learning and Initial professional development (368,941) (318,061)
Member/Professional development (151,664) (144,118)
Technical support services (46,232) (43,139)
Employee costs 19 134 (389,509) (322,005)
Maintenance of premises 20 135 (66,386) (83,749)
Depreciation and amortisation 21 135 (76,124) (70,431)
Other operating expenses 22 135 (95,006) (71,450)

Operating income/( loss) 252,728 (34,943)

Other operating income 23 135 3,828 5,369

Net operating income/( loss) 256,556 (29,574)

Income from grants and other restricted funds 12.2 130 2,000 4,784
Contribution to designated funds 11.1 129 (19,167) (17,294)
Contribution to restricted funds and grants 12.1 130 (7,653) (4,199)
Contribution to endowment funds 13 132 (502) (511)
(25,322) (17,220)

Finance income 24.1 135 429,542 387,032

Finance cost 24.2 136 (3,738) (5,410)

Income over expenditure for the year before tax 657,038 334,827

Income tax expense 25 136 (124,845) (54,961)

Income over expenditure for the year after tax 532,193 279,866

Other comprehensive income

Items that will not be reclassified subsequently to profit or loss
Actuarial (loss)/gain on defined benefit obligation 14.1 132 (2,447) (8,580)

Total comprehensive income for the year after tax 529,746 271,286

The accounting policies and notes on pages 114 to 139 form an integral part of these financial statements.