Page 128 - annual_report_2024

126 CA Sri Lanka Integrated Annual Report 2024

Notes to the Financial Statements Contd.

3.3 Fully depreciated property, plant and equipment at cost
As at 31 December 2024 2023
Rs.’000 Rs.’000

Buildings 104,940 16,938
Furniture, fixtures and fittings 79,073 61,970
Plant and machinery 125,608 125,547
Motor vehicles 12,121 12,121
Computers, servers and IT equipment 46,893 46,253
Total 368,635 262,829

3.4 Impairment of property, plant and equipment
The Management has assessed the potential impairment loss of property, plant and equipment as at 31 December 2024. Based
on the assessment, no impairment provision is required to be made in the financial statements as at the reporting date in respect of
property, plant and equipment.

3.5 Property, plant and equipment pledged as security
There were no items of property, plant and equipment pledged as securities for liabilities as at the reporting date.

4. INTANGIBLE ASSETS
Cost
Work-in-
Software Study material progress
Software licences development projects Total
Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000
Balance as at 1 January 2023 51,875 9,406 186,669 6,171 254,121

Additions 615 - 585 6,608 7,808
Capitalised during the year - - 5,000 (5,000) -
Balance as at 31 December 2023 52,490 9,406 192,254 7,779 261,929

Additions 376 11,134 11,510
Capitalised during the year -
Balance as at 31 December 2024 52,866 9,406 192,254 18,913 273,439

Amortisation
Work-in-
Software Study material progress
Software licences development projects Total
Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000

Balance as at 1 January 2023 31,579 8,702 180,367 - 220,648
Amortisation for the year 5,959 692 2,479 - 9,130
Balance as at 31 December 2023 37,538 9,394 182,846 - 229,778
Amortisation for the year 5,910 12 3,312 - 9,234
Balance as at 31 December 2024 43,448 9,406 186,158 - 239,012

Carrying amounts
As at 31 December 2024 9,418 - 6,096 18,913 34,427
As at 31 December 2023 14,952 12 9,408 7,779 32,151