Page 141 - annual_report_2024

CA Sri Lanka Integrated Annual Report 2024 139

31.2. Liquidity risk (contd.)
Maturity analysis of financial assets and liabilities

Description Less than 3 to 12 1 to 3 More than
On Demand 3 months months years 3 years Total
Rs.’000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000
Financial assets
Receivables 91,646 142,190 - - 233,836
Loans and advances to staff 190 1,673 4,861 16,313 23,037
Fixed deposits - - 122,852 - 150,000 272,852
Treasury bonds - - - 867,324 1,296,622 2,163,946
Cash and cash equivalents 209,663 - - - - 209,663
301,309 142,380 124,525 872,185 1,462,935 2,903,334

Financial liabilities
Lease liability - (7,256) (22,782) (5,771) - (35,808)
Payables (41,350) - - - - (41,350)
(41,350) (7,256) (22,782) (5,771) - (77,158)

Net financial assets 259,959 135,124 101,744 866,414 1,462,935 2,826,176

31.3. Market risk
Market risk is the risk that changes in interest rates which will affect the Institute’s income or the value of its holding of financial
instruments.

The Institute manages and controls the market risk exposure within acceptable parameters, while optimising the return.
The Institute’s market risk exposure is minimal.