Annual Report 2005 - Institute of Policy Studies of Sri Lanka
Annual Report 2005 - Institute of Policy Studies of Sri Lanka
Annual Report 2005 - Institute of Policy Studies of Sri Lanka
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FinancialsIncome & Expenditure Statement for the Year Ended31st December <strong>2005</strong>IncomeNotes <strong>2005</strong> 2004Rs.Rs.Grant from RoyalNetherlands Embassy 55,904,412 43,221,805Contribution from the Ministry<strong>of</strong> Finance and Planning 9,000,000 6,000,000Income on Research Projects 33,019,652 34,444,294Investment Income (11) 11,559,752 7,703,952Sales <strong>of</strong> Publications 917,739 815,736Miscellaneous Income 33,229 296,586Net Pr<strong>of</strong>it on Disposal <strong>of</strong> Assets 17,270 561,000Net Gain on Fluctuation <strong>of</strong> Exchange rates 328,705 2,309,762110,780,759 95,353,135Less: ExpenditureLocal Staff Salaries (12) 28,798,998 30,191,341Research Costs (13) 14,239,788 44,757,987Operational Costs (14) 21,732,900 21,766,167<strong>Institute</strong> <strong>of</strong> Social <strong>Studies</strong> 269,185 -65,040,870 96,715,495Income/(Loss) before Tax (15) 45,739,889 (1,362,360)Taxation - -Income/(Loss) after Tax 45,739,889 (1,362,360)Surplus / (Deficit) Brought Forward 132,417,554 133,180,455Prior year adjustment - 599,459Surplus / (Deficit) Carried Out 178,157,443 132,417,55456__________ <strong>Annual</strong> <strong>Report</strong> <strong>2005</strong>
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