Vision Mission
  Intro .
Group Highlights
A letter from the Chairman
Board of Directors
CEO's Review
Financial Review
Report on Corporate Governance
Report of the Directors
.
Statement of the Directors'
  Responsibilities in Relation to
  the Financial Statements
Report of the Auditors
Income Statement
Balance Sheet
Statement of changes in Equity
Cash Flow Statement
Accounting Policies
Notes to the Financial Statements
Five Year Progress
Value Addition
Investor Information
Notice of Meeting
 
   
 


(In the Notes all amounts shown in Sri Lanka Rupees millions unless otherwise stated)
10. Non-Current Receivables
  Group Company
 
2001
2000
2001
2000
Employee loans [Note (a)] 665 595 665 595
Deferred expenses (Prepaid Insurance Premium) 267 315 267 315
Amounts due after one year
932
910
932
910


(a) Employee loans are repayable in equal monthly instalments over five years. The amount shown as non-current receivables represent staff loan instalments falling due for payment after 1 January 2003.

(b) As explained in Accounting Policy 10, insurance premium paid by the Company to secure foreign loans under the 150K Project Scheme has been deferred on the grounds that the benefit of this expenditure is not exhausted in the period in which it is incurred and will be written off to the Income Statement over the repayment period of the loans.

11. Inventories
Inventories consist of engineering stores and consumables, office equipment and hardware.

Notes
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