Page 136 - annual_report_2024

134 CA Sri Lanka Integrated Annual Report 2024

Notes to the Financial Statements Contd.

17. INCOME TAX PAYABLE
As at 31 December 2024 2023
Note Rs.’000 Rs.’000
Balance brought forward 24,937 18,291
Tax provision for previous years 29,314 -
Charge for the period 25 95,530 54,961
Total payable 149,781 73,253

Tax paid during the year (70,325) (47,753)
WHT paid (689) (563)
Income tax payable 78,767 24,937

Income tax receivable (958) (958)
Net income tax payable 77,809 23,979

18. INCOME

For the year ended 31 December 2024 2023
Rs.’000 Rs.’000

Performance by activity
Learning and professional development 1,085,561 747,301
Continuous professional development and member related activities 278,296 214,633
Financial reporting and assurance standards related activities 78,619 49,096
Library related activities 263 146
Net sponsorship income 3,851 6,833
Total 1,446,590 1,018,009

19. EMPLOYEE COSTS

For the year ended 31 December 2024 2023
Rs.’000 Rs.’000
Salaries and wages 320,561 244,250
Defined contribution plan cost
- Employees' Provident Fund 34,091 26,786
- Employees' Trust Fund 6,818 5,357
Other staff related cost 17,858 38,831
Amortisation of pre-paid staff cost 2,440 (173)
Defined benefit plan cost 7,741 6,954
Total employee costs 389,509 322,005