Page 129 - annual_report_2024

CA Sri Lanka Integrated Annual Report 2024 127

4.1 Impairment of intangible assets
The Management has assessed the potential impairment loss of intangible assets 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
intangible assets.

4.2 Intangible assets pledged as security
There were no items of intangible assets pledged as securities for liabilities as at the reporting date.

4.3 Title restriction on intangible assets
There are no restrictions that existed on the title of the intangible assets of the Institute as at the reporting date.

5. LIBRARY BOOKS

As at 31 December 2024 2023
Rs.’000 Rs.’000

Balance at the beginning of the year 1,254 1,116
Additions /Adjustments 2,914 910
Depreciation (1,265) (772)
Balance at the end of the year 2,903 1,254

6. LOANS AND ADVANCES TO STAFF
As at 31 December 2024 2023
Rs.’000 Rs.’000
Receivable within one year 1,863 8,133
Receivable after one year 21,174 10,527
Total 23,037 18,660

7. FINANCIAL ASSETS AT AMORTISED COST
As at 31 December 2024 2023
Rs.’000 Rs.’000

Maturity within one year - Fixed Deposits 122,852 128,360
122,852 128,360
Maturity after one year - Fixed Deposits 150,000 150,000
- Bonds 2,163,946 1,681,519
2,313,946 1,831,519

Total 2,436,798 1,959,879

As at 31 December 2024 2023
Carrying Value Fair Value Carrying Value Fair Value
Rs.’000 Rs.’000 Rs.’000 Rs.’000

Fixed Deposits 150,000 150,000 150,000 150,000
Treasury Bonds 2,163,946 2,633,796 1,681,519 2,039,968
Total 2,313,946 2,783,796 1,831,519 2,189,968

Fixed deposits have been placed in a state owned bank .