ANNUAL REPORT 2006 - Sri Lanka · 3 of 52 ANNUAL REPORT 2008 Introduction The Sri Lanka National Freedom from Hunger Campaign Board (FFHC – Sri Lanka) is a statutory body under

1 of 52

2 of 52

Table of Contents Table of Contents .............................................................................................................. 1

Prelude ............................................................................... Error! Bookmark not defined.

Act No. 15 of 1973 ............................................................................................................. 3

VISION .................................................................................................................................. 5

MISSION ............................................................................................................................... 5

STRATEGIES .......................................................................................................................... 5

Board of Directors for year 2008 ...................................................................................... 6

Appointed Members ..................................................................................................... 6

Nominated Members .................................................................................................... 6

Board Meetings .................................................................................................................. 6

Information on Projects undertaken in the year 2008 ................................................. 7

1. Name of the Project: Urban Agriculture Development Project ......................... 9

2. Name of the Project: Creation of Purchasing Centers for Farmer

Products .......................................................................................................................... 9

3. Name of the Project: Promotion of Rice Consumption in Plantation

Sector ............................................................................................................................... 9

4. Name of the Project: Plant Nursery Project, Head Office ................................... 9

5. Name of the Project: Farmer Product Selling Center ....................................... 10

6. Name of the Project: Api Wawamu – Rata Nagamu ....................................... 10

7. Name of the Project: Promotion of Organic Fertilizer Application ................. 10

8. Name of the Project: Nagenahira Navodaya ................................................... 10

9. Name of the Project: Small Farmer Development Program ............................ 11

10. Name of the Project: Malgammana Project ................................................... 11

12. Proposals Submitted: .............................................. Error! Bookmark not defined.

Progress Report 2008 ........................................................ Error! Bookmark not defined.

Audit Report - 2008 ......................................................................................................... 12

Annual Accounts – 2008 ................................................................................................ 13

3 of 52

ANNUAL REPORT 2008

Introduction

The Sri Lanka National Freedom from Hunger Campaign Board (FFHC –

Sri Lanka) is a statutory body under the purview of the Ministry of

Agriculture constituted by an Act of Parliament in 1973 with the

auspices of UN – FAO. Initially, the Board operated as a facilitator and

coordinating body to the foreign funded projects. Since 1978 the FFHC

– Sri Lanka is directly implementing various community development

projects aiming to alleviate poverty among the most vulnerable and

marginalized groups in Sri Lanka.

Act No. 15 of 1973 The general objectives of the Board are:

1. To secure the aid of non-governmental agencies, both foreign

and local, for social and economic development in accordance

with the programme of development formulated by the

Government.

2. To assist institutions and other bodies in carrying out schemes of

public utility, social welfare an economic development.

3. To aid promote and coordinate specific projects directed

towards agricultural and industrial development

4. To estimate non-governmental agencies in the implementation

of projects for increasing agricultural and industrial production

5. To collaborate with the International Freedom from Hunger

Campaign and other similar institutions, associations or societies

abroad.

The Board shall in furtherance of the objects of the Board, have the

power;

1. To receive aid and donations in cash, equipment or in any other

from non-governmental sources;

2. To disburse such aid and donations on such terms and conditions

as the Board may deem necessary;

3. To review and coordinate the activities of non-governmental

agencies receiving assistance in cash, goods or services from

foreign sources

4. To call for reports on the activities of non-governmental agencies

receiving aid in cash or services from non-governmental sources

for the purposes specified in section 3;

5. To negotiate with non-governmental organizations, both foreign

and local, for the grant of aid for approved projects;

6. To sell or otherwise dispose of commodities received by way of

aid from non-governmental sources;

7. To hold, take on lease, rent, hire or mortgage any movable or

immovable property;

8. To negotiate and enter into contracts or agreements and vary or

rescind such contracts or agreements;

4 of 52

9. To sell, manage, transfer, exchange, mortgage, lease hire or

otherwise dispose of any movable or immovable property;

10. To impose and recover charges for services rendered by the

Board;

11. To recover, in appropriate cases, the rupee value of aid or

donations whether in cash, commodities or equipments received

from foreign non-governmental sources and channeled to local

recipients;

12. To establish and maintain information and educational services;

13. To draw, make, accept, endorse and discount cheques, notes or

other negotiable instruments for the purposes of the Board;

14. To pay all expenses preliminary or incidental to the establishment

of the Board and the management and administration of its

affairs;

15. To do all such other things as the Board may think it necessary,

incidental or conducive to the attainment of its objectives;

5 of 52

VISION To identify and implement programs aimed at restoring the dignity of

the farming community and the under privileged to ensure their

economic independence with gaining self-reliance as the key motive.

MISSION To implement programs that call for active participatory involvement

and skills development of beneficiaries in the fields of agriculture,

livestock development and other fields to make for economic

independence and to wean them away from the culture of

dependence.

STRATEGIES Integrating development initiatives towards a common goal

Creating opportunities for the rural people to participate in

economic growth and socio cultural development

Empowering the rural people to participate fully in the

development process

Transforming traditional rural communities into self-reliance with

achievement oriented values as well as capabilities for self-

propelled sustainable development.

6 of 52

Board of Directors for year 2008

Appointed Members

Name Position Date Appointed

Mrs. Sumana Ariyadasa Chairman 24/05/2007

Dr. L.L.J.S. Cabral Vice Chairman 18/09/2007

Nominated Members

Name Position Date

Appointed

Representation

From

Mr. D.

Wijesiriwardhana

Assistant

Secretary

10/07/2007 Ministry of Finance

& Planning

Mr. P.D.W.

Jayawardhana

Addl.

Secretary

20/06/2007 Ministry of

Plantation Industries

Mrs. Badra

Kamaladasa

Deputy

Director

20/06/2007 Ministry of Irrigation

and Water

Management

Mr. W.D. Somadasa Director 20/06/2007 Ministry of Public

Administration and

Home Affairs

Mrs. D.N. Kulathilaka Asst.

Secretary

15/02/2008 Ministry of

Agriculture

Development and

Agrarian Services

Mr. M.K.C.

Senanayaka

Asst.

Director

10/07/2007 Department of

Public Finance

Board Meetings Five Board meetings were held during the period. They are;

Board Meeting Number Date

313 24/01/2008

314 13/03/2008

315 29/04/2008

316 31/07/2008

317 21/11/2008

7 of 52

Review by the Chairperson During the year to achieve the objectives of the Board several projects were

conducted. Funds were received by the Ministry and the Treasury. Self funded

projects were also carried out.

5 Board meetings were held during the period of May to December 2008.

Several functions were held during the year. They are;

1. Openning of the Battaramulla, Farmer Product Selling Center at the

Ministry premises on 2nd January, 2008

2. 25th, 26th, 27th January Exhibition conducted by ITN, Lakhada at Vihara

Mahadevi Park

3. Dayata Kirula Exhibition from 4th February to 10th February 2009

4. 7th March Plant selling mobile service and workshop at Dri

Jayawardhanapura Hospital

5. 3rd,4th and 5th April, Govijana Udana Exhibition at St. Anthonies College,

Badegama

6. 28th May Plant selling mobile service and workshop at Dri


7. 25th September Plant selling mobile service and workshop at Dri


8. Galu Samaya Exhibition, 24th, 25th, 26th and 27th December

9. Openning of Farmer Product Selling Center at Kalegana, Galle witht

the presence of Hon. Minister of Agriculture Development and

Agrarian Services Mr. Maithreepala Sirisena, Hon. Minister of Transport

Mr. Dalus Alahapperuma and Parlimentarian Mr. Basil Rajapaksha on

4th September, 2008.

10. Donation of Compost ferilizer for Wapmagula Festival at Bandaragama

on 10th September 2009

11. Wapmagula Ceromany at Thanamalwila Farm 27th November

Lot of work has been carried out to place employees of the Board on a

proper salary scale. But it is still not completed at the end of the year.

The Board has engaged in several community development projects during

the year. They are Urban Agriculture Development Project, Creation of

Purchasing Centers for Farmer Products, Promotion of Rice Consumption in

Plantation Sector, Promotion of Organic Fertilizer Application and Production,

Farmer Product Selling Center, Plant Nursery Project, Api Wawamu – Rata

Nagamu, Nagenahira Navodaya, Small Farmer Development Program.

Finally, change of the Board name and the proposed act was shown to

several distinguished people of the government including the Hon. Minister of

Agriculture Development and Agrarian Services. A committee was appointed

and discussed about this matter and draft Act was forwarded to the Ministry

for approval. The proposed new name of the Board is “National Agri Crop

Development Board” (cd;sl lDIs fNda. m%j¾Ok uKav,h).

Mrs. Sumana Ariyadasa

Chairperson

Sri Lanka National Freedom from Hunger Campaign Board

8 of 52

Overall Performance - 2008

9 of 52

1. Projects

1. Name of the Project: Urban Agriculture Development

Project

Location of the Project: Colombo District

Donor: Self Funded

Budget: Rs. 4,030,000.00

Actual Expenditure: Rs. 1,320,142.00

Income: Rs. 1,356,251.50

Number of Beneficiaries: Several Thousand people of the Colombo

District

Description: A model farm was maintained at ½ Ac land near the

Head Office. Several Agricultural Societies were created. Several

exhibitions and workshops were conducted to disseminate

knowledge on new technology. Several CDs and Booklets were

prepared. Granular fertilizer, Liquid Fertilizer, Hydrophonic Boxes,

Vegitable Seeds and Cultivation plots were prepared and sold to

maintain the revolving fund.

2. Name of the Project: Creation of Purchasing Centers for

Farmer Products

Location of the Project: Buttala, Kalankuttiya, Thanamalwila,

Kalegana

Donor: Self Funded

Amount: Rs. 200,000.00

Expenditure: 161,000.00

Number of Beneficiaries: Several Hundred farmer faminlies

Description: 4 Centers were created

3. Name of the Project: Promotion of Rice Consumption in

Plantation Sector

Location of the Project: Anuradhapura District and Estate Sector

Donor: Sri Lanka Treasury

Amount: Rs. 5,000,000.00

Expenditure: Rs. 4,999,518.53

Description: Aim of the project is to introduce rice based Rottee

Mixture, Thosay Mixture and a nutrition pack to the plantation sector

to increase the rice consumption. At the end of the year Factory,

Stores and the Office were constructe. All machinery were installed.

4. Name of the Project: Plant Nursery Project, Head Office

Location of the Project: Narahenpita, Dehiwela, Kalegana

Donor: Self Funded

Amount:

10 of 52

Expenditure: Rs.

Description: This is a project implemented with the view of generating

funds for the Board. Started on the April of 2005 it shows a great

potential. Urban people fulfill their fruit, forest, vegetable, ornamental

plants and seeds, compost, pesticide, weedicide and agriculture

equipment requirements through this service. Further, extension

services also are provided through this.

5. Name of the Project: Farmer Product Selling Center

Location: Dehiwela, Colombo District

Donor: Self Funded

Amount: Rs. 1,500,000.00 initial

Description: This also is a project implemented with the view of

generating funds for the Board. Started on April of last year it shows a

great potential. It has 3 components, namely milk product centre,

vegetable selling center and grain selling centre. 11 employees are

working in the centre on contract basis and provide yeoman service

to the people in the area by providing needy goods for very low

prices. The special feature of this project is that purchasing goods

directly from the farmer hence, avoid the intermediary.

6. Name of the Project: Api Wawamu – Rata Nagamu

Location: Thanmalwila, Buttala, Monaragala District and Colombo

District

Donor: The Ministry

Amount: Rs. 15,000,000.00


Description: 10 Ac from Buttala and 16 Ac from Thanamalwils which

belongs to the Board were cultivated. Further, Animal husbandry also

will be introduce. Compost preparation activities are also carried

out.

7. Name of the Project: Promotion of Organic Fertilizer

Application

Location: Thanamalwila and Buttala in Moneragala Districts

Donor: Ministry

Amount: Rs. 3,000,000.00


Description: Dissemination of knowledge on compost preparation

and application and preparation of compost.

8. Name of the Project: Nagenahira Navodaya

Location: Trincomalle Districts

Donor: Department of Agrarian Services

11 of 52

Amount: Rs. 2,744,000.00


Description: Two abandoned tanks (Indikatuwewa & WEliwea) from

Gomarankadawela were selected and partially renovated using

Reservoir councils as the intermediary.

9. Name of the Project: Small Farmer Development Program

Location: Anuradhapura, Polonnaruwa, Kurunegala, Moneragala,

Hambantota and Galle

Donor: Ministry

Amount: Rs. 20,000,000.00


Description: Desimination of Knowledge on agriculture and

equipment needed for 1650 farmers in above districts.

10. Name of the Project: Malgammana Project

Location: Padukka & Gamapaha

Donor: Self

Amount: Rs.

Description: 22 poor families from above areas were selected and

provided with equipment and other inputs for plant production. Their

production is purchsed and by the Board and selling is done at

Board’s plant nurseries.

12 of 52

2. Administration Following unusable vehicles were sold after following proper

procedures.

Vehicle No Type Amount

1 32-359 Jeep 999,999.00

2 31-1814 Jeep 666,666.00

3 17-8286 Motor Car 552,560.00

4 113-4786 Motor Bike 17,777.77

5 113-4787 Motor Bike 17,875.00

6 113-4782 Motor Bike 17,255.00

7 138-1172 Motor Bike 33,100.00

8 128-6976 Motor Bike 23,587.00

Following Employees were absorbed into the Board on contract basis.

Following Employees left the Board.

Name Post Date

1

2

3

4

5

6

7

Name Post Date

1

2

3

4

5

6

7

13 of 52

Annual Accounts – 2008

14 of 52

31th March 2009

The Auditor General

Auditor General Department

Colombo 07.

Dear Sir,

Annual Accounts – 2008

We submit here with our Draft Annual Accounts for the year ended 31st

December 2008 in accordance with Section 13 (06) of the Finance Act

No. 38 of 1971.

Yours Sincerely,

Sumana Ariyadasa

Chairperson

C.C

1 Secretary , Ministry of Agriculture Development & Agrarian

Services

2 Director, Public Enterprises Division, General Treasury

15 of 52

C O N T E N T S

Page No.

Accounting Policies 01

Notes of the Accounts 02

Balance Sheets 03

Notes of the Balance Sheets 04

Detailed Income & Expenditure Account 05

Income & Expenditure Account 06

Computation of Profit & Lose on Plant Nursery & Marketing Center 07 - 08

List of Motor Vehicles 09

Refundable Deposits, Accrued Expenses & Creditors (External) 10

Provision for Gratuity, Payable 11

Property, Plant and Equipment 12

Advance & Deposits/Saving Deposits/Trust Deposits/Repair

Deposits

13

Stock ,Debtors (Internal)

Debtors (External

14

15

Statement of staff Loan Individual Balance

Receivable, Cash Book Balances & Cash In Hand

16

17

Trial Balance – Board Account 18

Account No. 193734 (903) - Small Framers Strengthening Project,

Special Crop Zone, Reawakening East .

19

193735 (911) - World Food Programme Buttala 20

194125 (601) – Head Office 21

547 Promotion of rice consumption in plantation sector 22

138295 - Plant Nursery, Compost Project & Marketing Center,

Dehiwala

23

16 of 52

SRI LANKA NATIONAL FREEDOM FROM HUNGER CAMPAIGN BOARD

The Statement of Financial Position and the Statement of Financial

Performance have been prepared in conformity with Generally

Accepted Accounting Principles and applied consistently on a

historical cost basis.

Accounting Policies:

1 Depreciation

Depreciation is calculated for the entire year in the year of

purchase and depreciation is not provided for the year of

disposal.

Depreciation Rates

2 Receivables are stated the actual amounts to be

received.

3 Provisions have been made for all known liabilities

4 Provision for Gratuity is calculated based on the number of

years gratuity entitled to each employee.

5 Excess of Income over expenditure is arrived at after

making provisions for all known liabilities.

Land & Buildings 5 %

Motor Vehicles 20 %

Furniture & Fittings 10 %

Plant & Machinery 20 %

Photographic Cinema Equipment 10 %

Agriculture Equipment 20 %

Office Equipment 10 %

Garden Equipment 10 %

Other Equipment 20 %

Minor Equipment 20 %

Survey Equipment 20 %

Temporary Building 5 %

17 of 52


1 FFHC Board carried out following development projects during

the year 2008

on as own projects.

Project Funded By Project

Location

Urban Agriculture

Development project

Self Funded Colombo

Creation of Purchasing

Centers for Farmer Products

Self Funded Bttala,

Thanamal

wila,

Kalegana

Promotion of Rice

Consumption in Plantation

Sector

Treasury Anuradha

pura and

Estate

sector

Plant Nursery Project - Head

Office

Self Funded Narahenpi

ta,

Dehiwela,

Kalaigana

Farmer Product Selling

Center

Self Funded Dehwela,

Colombo

Api Wawmu - Rata Nagamu Ministry Thanamal

wila,

Buttala

Promotion of Organic

Fertilizer Application

Ministry Thanamal

wila,

Buttala

Nagenahira Navodaya Department of

Agrarian Services

Trincomall

ee

Small Farmer Development

Project

Ministry Anuradha

pura,

Polonnaru

wa,

Kurunegal

a,

Monaragal

a,

Hambanto

ta & Galle

Malgammana ProjectsELF Self Padukka &

Gampaha

2 The Following Bank Current Accounts were operate during the

year under the FFHC Board

18 of 52

194125 - Treasury Grants

193734 - Funds allocated from Ministry of Agriculture

Development and Agrarian Service

4430547 - Promotion of Rice consumption in plantation

sector

138295 - Plant Nursery, Compost Project & Marketing

Center,

Dehiwala

3 Separate ledgers have been maintained for each project and

Board Account.

SRI LANKA NATIONAL FREEDOM FROM HANGER CAMPAIGN BOARD

STATEMENT OF FINANCIAL POSITION AS AT 31st DECEMBER 2008

Description Note 2008 2007

Rs: Rs:

ASSETS

NON CURRENT ASSETS 1 7,770,138.86 5,851,997.01

Land and Buildings 3,069,126.73 3,165,681.56

Motor Vehicles 13,823.00 18,423.00

Plant and Machinery 1,570,420.24 295,927.80

Furniture and Fittings 355,284.40 372,885.30

Office Equipments 1,310,073.95 989,970.79

Agricultural Equipments 75,275.00 113,556.00

Garden Equipments 114,960.73 29,326.62

Photographic and Cinema Equipments 140,160.00 162,390.00

Other Equipments 423,679.40 73,924.40

Temporary Buildings 697,335.41 629,371.54

WORKS IN PROGRESS 486,124.00 486,124.00

Primary expenses for new Building 486,124.00 486,124.00

CURRENT ASSETS 12,451,220.06 6,514,777.67

Deposits 2 359,811.97 226,800.12

Stock 3 2,386,987.08 2,159,334.82

Debtors 4 712,149.06 689,154.06

Loans 5 139,391.43 155,391.43

Pre Payments 769.55 769.55

Advances 6 6,371,653.70 20,000.00

Receivables 7 163,730.82 717,532.40

Cash in Hand & Bank 8 2,316,726.45 2,545,795.29

TOTAL ASSETS 20,707,482.92 12,852,898.68

19 of 52

EQUITY AND LIABILITIES

CAPITAL AND RESERVES 18,258,850.25 10,400,312.60

Fund Balance 9 19,630,160.14 9,232,643.38

Accumulated Fund 10 1,811,240.35 (667,282.06)

Net Surplus / (Deficit) for the Year (3,182,550.24) 1,834,951.28

NON CURRENT LIABILITIES 659,227.00 618,362.50

Retirement Benefit Obligation 11 283,427.00 118,362.50

Middle term Loan 375,800.00 500,000.00

CURRENT LIABILITIES 1,789,405.67 1,834,223.58

Deposits (Refundable) 12 (4,500.00) 105,504.13

Creditors 13 57,465.00 25,363.76

Retention Money 14 11,733.90 11,733.90

Farmers Loan fund 10,000.00 10,000.00

Accrued Expenses 15 841,000.36 1,000,291.74

Payables 16 873,706.41 681,330.05

TOTAL EQUITY AND LIABILITIES 20,707,482.92 12,852,898.68


STATEMENT OF FINANCIAL PERFORMANCE FOR THE YEAR ENDED 31st DECEMBER 2008

Description Note 2008 2007

Rs Rs

REVENUE 16,547,362.08 13,913,640.08

Treasury Grants 11,408,800.00 11,405,000.00

Other Operating income 17 2,713,958.47 2,494,632.42

Interest on Savings A/c 3,011.85 10,813.66

Consideration for Disposal Assets 2,264,967.77

Other Income 156,623.99 3,194.00

EXPENDITURE 19,729,912.32 12,509,193.38

Personal Emoluments 18 7,747,024.73 5107702.91

Traveling Expenses 19 2,036,569.74 1268783.1

Supplies and Requisites 20 1,217,597.41 920771.17

Repairs and Maintenance of Fixed Assets 21 2,844,511.68 3239881.91

20 of 52

Transformation, Communication, Utility and Other Services 22 5,884,208.76 1972054.29

EXPENDITURE OVER INCOME / SURPLUS ( DEFICIT ) (3,182,550.24) 1,404,446.70


CASH FLOW STATEMENT FOR THE YEAR ENDED 31st DECEMBER 2008

Note 2008 2007

Rs. Rs.

Cash Flows From / (Used in) Operating Activities

Net loss before Income Tax Expense (3,182,550.24)

1,834,951.00

Adjustments for

(profit)/Loss on Disposal of fixed assets (2,264,967.77)

-

Depreciation 1 1,086,246.95

517,476.00

Interest Income from Investing Activities (3,011.85)

(10,814.00)

Provision for Defined Benefit Plans 11 165,064.50

-

Operating Profit before Working Capital Changes (4,199,218.41)

2,341,613.00

(Increase)/ Decrease in inventory 3 (227,652.26)

(527,822.00)

(Increase)/ Decrease in Trade and Other Receivables (5,937,858.97)

(429,992.00)

Increase in Trade and Other Payables

13-

16 (169,017.91)

1,352,488.00

Cash Generated from Operations (6,334,529.14)

394,674.00

Net Cash From Operating Activities (10,533,747.55)

2,736,287.00

Cash Flows from / (Used in) Investing Activities

Acquisition of Property, Plant & Equipment 1 (3,024,882.80)

21 of 52

(2,507,432.00)

Proceeds from sale of Property, Plant & Equipment 2,264,967.77

-

Interest Income from Investing Activities 3,011.85

10,814.00

Net Cash Flows from/(Used in) Investing Activities (756,903.18)

(2,496,618.00)

Net Cash Flows from/(Used in) Financing Activities

Accumulated Fund 10 11,061,581.89

184,402.00

11,061,581.89

184,402.00

Net Increase/(Decrease) in Cash and Cash Equivalents (229,068.84)

424,071.00

Cash and Cash Equivalents at the beginning of the year A 2,545,795.29

2,121,724.00

Cash and Cash Equivalents at the end of the year 2,316,726.45

2,545,795.00

Note -

A

Bank Balance 1,652,162.90

2,117,573.27

Petty Cash Imprest 806,500.00

3,000.00

Cash In Hand 1,150.73

1,150.73

2,459,813.63

2,121,724.00

22 of 52

Non current Assets

Assets Depreciation Net

Assets Category Balance As Addition Transfer Balance As Accumulated Depreciation Accumulated Value

at 01.01.07 At 31.12.08 Depreciation for the Year Depreciation As at

As at 01.01.08 As at 31.12.08 31.12. 2009

Land and Buildings 10,602,334.11 80,372.00 10,682,706.11 7,436,652.55 176,926.83 7,613,579.38 3,069,126.73

Motor Vehicles 9,463,341.40 9,463,341.40 9,444,918.40 4,600.00 9,449,518.40 13,823.00

Plant and Machinery 2,735,959.96 1,712,493.80 4,448,453.76 2,440,032.16 438,001.36 2,878,033.52 1,570,420.24

Furniture and Fittings 1,057,123.97 31,556.00 1,088,679.97 684,238.67 49,156.90 733,395.57 355,284.40

Office Equipments 4,032,209.49 497,675.00 4,529,884.49 3,062,272.70 157,537.85 3,219,810.55 1,310,073.94

Agricultural Equipments 2,395,020.53 29,890.00 2,424,910.53 2,281,464.53 68,171.00 2,349,635.53 75,275.00

Garden Equipments 99,307.85 99,942.00 199,249.85 69,981.23 14,307.89 84,289.12 114,960.73

Photographic and Cinema Equipments 418,533.92 418,533.92 255,603.92 22,770.00 278,373.92 140,160.00

Other Equipments 878,254.80 464,146.00 1,342,400.80 804,790.40 113,931.00 918,721.40 423,679.40

Temporary Buildings 708,074.50 108,808.00 816,882.50 78,702.96 40,844.13 119,547.09 697,335.41

Minor Equipment 78,804.00 78,804.00 78,804.00 78,804.00 0.00

Survey Equipment 143,850.00 143,850.00 143,850.00 143,850.00 0.00

Total 32612814.53 3,024,882.80 35637697.33 26,781,311.52 1,086,246.96 27,867,558.48 7,770,138.86

23 of 52

Note.2 DEPOSITS

2.1 Miscellaneous Deposits

Board Account

Security deposit for a gas cylinder 4,299.50

Electricity deposit at C E B 20,000.00

United Motors Ltd 15,000.00

Colombo -Gas Co.Ltd 1,500.00 40,799.50

A/C 193734

Electricity deposit at C E B 1,500.00

Initial Deposit (Payment made to Project 547) 20,000.00 21,500.00

A/C 138295

Hewagam Koralaye (West) M.P.C.S. Ltd. 100.00

Coconut Cultivation Board 6,000.00 6,100.00

A/C 194125

Colombo (South) M.P.C.S Ltd. 9,599.50

Telephone Deposits 2,500.00

W.P.P Abedeera Vehicle No 31/1814 5,000.00

T.Aruna Ranasinghe Vehicle No.32/359 5,000.00 22,099.50

A/C 547

Mahaweli Division Office - Thambuththegama 50,000.00

Electricity deposit at C E B for Kalankuttiya Project 20,000.00 70,000.00

160,499.00

2.2 Fuel Deposits

Board Account

Fuel Deposits (MPCS - Colombo) 400.50

S.S.Kotalawala (Pvt) Ltd. Fuel Deposits 25,000.00

S.S.Kotalawala (Pvt) Ltd. Fuel Deposits 20,000.00 45,400.50

A/C 194125

S.S.Kotalawala (Pvt) Ltd. Fuel Deposits 50,000.00 50,000.00

95,400.50

2.3 Saving Deposits

A/C 193734

Saving - Bank of Ceylon,Borella 54,577.93

Saving - Bank of Ceylon,Higurakgoda 48,784.54 103,362.47

2.4 Seeds Deposit

A/C 193734

Seeds Deposit - Agricultural Ministry 550.00 550

Total 359,811.97

Note.3 STOCKS

A/C 138295 - Trading Stock 1,735,669.69

24 of 52

Board Account - Stock 629,866.14

A/C 194125 - Stationary & Consumables 21,451.25

Total 2,386,987.08

Note.4 DEBTORS

4.1 Debtors Internal

Board Account

Mr.Balasooriya

1,780.00

1,780.00

A/C. 735

Recievable from 734

50,000.00

50,000.00

A/C. 734

Mr.W.R.H.M.R.R.Warakaulla

1,625.00

Mr.U.G.A.Wijeekumara

1,226.00

Mr.J.N.K.Jayalthage

1,197.33

Mr.K.R.M.Gunasekara

5,000.00

9,048.33

60,828.33

4.2 Debtors external

Board Account

Uva Provincial Council 38,157.71

Employees Providen Fund 53,456.44

Agricultural Department Authority 12,668.11

U.N.P.Wijeewera 10,000.00

Morawewa Multipurpose Co- Op. Society 150,000.00

Mahawelly System G 504,658.00 768,941.26

A/C. 193734

Mr.J.Ambeywardana 4,042.00 4,042.00

A/C. 138295

Plant Gowers Loan (annexture.1) 9,960.00 9,960.00

A/C. 194125

Ministry Of Agrarian Service 34,233.00 34,233.00

817,176.26

Total

878,004.59

Less Bad Debt Provision

(165,855.53)

712,149.06

Note.5 LOANS

5.1 Staff loan Balances (annexture.2) 48,780.93

25 of 52

5.2 Farmers Loan (annexture.3) 90,610.50 139,391.43

Note.6 ADVANCES

A/C 193734

Small Farmers Project (Annexure 4)

5,737,000.00

Mr. Ajith Randunu

100,975.00

Mr. H.G.B.Dharshana

980.00

Traditional Rice Movement for the protection of

Indigenous seeds

500,000.00

6,338,955.00

A/C 194125

Salary Advance

5,698.70

Mr.W.R.H.M.R.R. Warakaulla

5,000.00

Mr.D.M.U.S. Dissanayake

2,000.00

12,698.70

A/C 138295

Ms. Jayamini Chandrika

20,000.00

20,000.00

Total

6,371,653.70

Note.7 RECEIVABLE

Board A/C

C.P.Udawatla

200.00

P.V.C.Ferando

200.00

Treasury Bill Receivable

37,229.35

37,629.35

A/C 194125

Treasury

481.47

481.47

A/C.193735

Farm Income

125,620.00

125,620.00

Total

163,730.82

Note.8 CASH IN HAND AND BANK BALANCES

Bank of Ceylon, Borella - A/C No:193734

274,095.59


769,272.88


14,869.04


16,835.52

Peoples Bank, Dehiwala - A/C No:138295

424,002.69

1,499,075.72

Petty Cash Imprest

816,500.00

26 of 52

Cash In Hand

1,150.73

Total

2,316,726.45

Note.9 Fund Balance

Balance as at Balance as at

Items 31.12.2008 31.12.2007

Rs. Rs.

Balance Indicate in Trial balance 33,175,621.63 9,294,358.97

Add - Fund Received 1,413,770.84 6,454,691.72

Less. - Fund Release for Grant -14,959,232.33 -6,516,407.31

Closing Blance 19,630,160.14 9,232,643.38

Note.10 Accumulated Fund

Balance as at Balance as at

Items 31.12.2008 31.12.2007

Rs. Rs.

Balance Indicate in Trial balance 2,096,063.99 375,652.71

Add - Prior Period Adjustment 432,183.18 -325,927.95

Less. - Temporary Transfer -717,006.84 -717,006.84

Closing Balanca 1,811,240.33 -667,282.08

27 of 52

Note.11 Provision for Gratuity

Name Basic Salary Join Date

Provision

Required

Mr.Y.A.V.S.Perera

35,555.00 1-Jun-05

53,332.50

Mr.R.P.A.K .Randunu

26,245.00 10-Dec-06

26,245.00

Miss.K.K.Jayamani Chandrika

14,400.00 27-Dec-06

14,400.00


12,660.00 1-Mar-01

44,310.00

Miss.Ganga Lakmali

14,280.00 1-Apr-06

14,280.00

Mr.U.G.Aijth Wijeekumara

12,660.00 1-Aug-01

44,310.00

Mr.D.M.U.Senarath Disanayake

12,030.00 27-Dec-06

12,030.00

Mr.U.G.L.Rupasinghe

12,660.00 29-Apr-06

12,660.00

Mr.S.W.Asanka Manoj

11,930.00 25-Nov-08

Mr.J.B.Chiranjeewa Karunarathna

13,320.00 15-Dec-06

13,320.00

Mr.H.G.Bandula Darshana

14,280.00 27-Dec-06

14,280.00

Ms.S.R.M.Y.Senevirathna

13,320.00 25-Mar-07

6,660.00

Ms.K.K.C Abyesinghe

13,320.00 15-Feb-07

6,660.00

Mr.J.N.K.Jayalathge

13,320.00 1-Jan-07

13,320.00

Miss.H.M.C.K.Nawarathna

13,320.00 4-Sep-08

Mr.G.G.D.S.Priyankara

15,240.00 10-Feb-07

7,620.00

Miss.C.N.H.A.Senanayake

13,320.00 11-Mar-08

Total provision for Retirement Benefit Obligation

283,427.50

28 of 52

Note.12 REFUNDABLE DEPOSITS

Board A/C

Unknown

(57,000.00)

A/C. 194125

Refundable Diposits

32,500.00

A/C. 547

Initial Deposits

20,000.00

Total

(4,500.00)

Note.13 CREDITORS

Creditors (Internal)

A/C. 194125

Payable to 734(Loan Recoveries)

2,465.00

A/C. 193734

Payable to 735(Loan Recoveries)

50,000.00

Creditors (External)

Board A/C

Lanka Filling Station - Narahenpita

5,000.00

Total

57,465.00

Note.14 RETENTION MONEY

Priyantha Aluminium Electrical

11,733.90

Note.15 ACCRUED EXPENDITURE

Board A/C

Repair Maintenance Motor Vehicles

2,996.99

2,996.99

A/C. 193734

Audit Fees - 2004

50,000.00

Postage & Telephone

4,002.07

Running Expences

29,982.00

Wages

183,720.00

Purchase seeds

6,150.00

29 of 52

Repair Maintenance Motor Vehicles

600.00

Repair Agricultuer Equipment

2,705.00

Stationary & Consumable

4,860.00

Other Equipment

295.00

Electicity Chargase

215.00

Purchase Plant

7,250.00

Purchase Material

36,100.00

Hiring Chargers

2,200.00

328,079.07

A/C. 194125

Audit Fees - 2005

42,500.00

Audit Fees - 2006

45,000.00

Audit Fees - 2007

45,000.00

Audit Fees - 2008

28,000.00

160,500.00

A/C. 138295

Purchase Furtilizer

14,786.25

Provident Fund(E.P.F)

13,362.00

Trust Fund(E.T.F)

2,004.30

Plant Nursary Wages

4,042.00

Vegetables, Fruits & Grain

188,836.00

Purchases Milk Bar

26,468.14

Transport Charges

1,050.00


675.00

Incidantal

2,750.00

Miscellaneous Expenses

20,107.94

Wages

52,053.00

Overtime

10,050.00

336,184.63

A/C. 193735

Repair Maintenance of Agri. Equip

345.00

Repair Maintenance of MotorVehicle

340.00


75.00


1,262.00

Purchase Seeds

1,450.00

Purchese of plant & Fertilizer

580.00

30 of 52

Postage & Telephone

2,617.67

Running Expenses

6,570.00

13,239.67

Total

841,000.36

Note.16 PAYABLE

Board A/C

C.P.Udawatta

200.00

P.V.C.Feranando

200.00

400.00

A/C. 138295

Do Garden Equipment 22500

Postage & Telephone 15424.42

Water Supply 17781.3

Salaries & Allownces 12000

Purchase Plants & Fertilizers - H.O 237025

Purchase Fertilizer

181,161.20

Agriculture Producation

200,470.00


13,362.00

Trust Fund(E.T.F)

2,004.30

Electricity Charges

16,470.00

718,198.22

A/C. 194125

Postage & Telephone

15,940.62

Water Supply

16,067.80


65,302.50

Electricity Charges

19,876.50

Trust Fund(E.T.F)

18,942.86

136,130.28

A/C. 193734


1,171.65

1,171.65

A/C. 193735


3,736.00

Trust Fund(E.T.F)

560.40

4,296.40

A/C. 547


11,747.70

31 of 52

Trust Fund(E.T.F)

1,762.16

13,509.86

Total

873,706.41

Note.17 Other Operating income

Sales Outlets Dehiwala, Narahenpita, Battaramulla and Galle

Trade Account for the Year Ended 31.12.2008

Items 2008 2007

Rs. Rs.

Sales Income 22,409,419.64 25555645.01

Less: Cost of sales

Opening Stock 1,513,579.13 992770.09

Purchases 19,773,953.73 21674896.46

Wages 402,914.00 12000

Transport 85,022.00 312625

21,775,468.86 22,992,291.55

Closing Stock 1,735,669.69 1513579.13

20,039,799.17 21,478,712.42

Gross Profit 2,369,620.47 4,076,932.59

17.1 Sales Income

Grocery Dehiwala 14,922,125.78 20,617,330.68

Narahenpita 1,508,252.71 95,657.95

Battaramulla 126,578.00

Plant Nursery Dehiwala 1,095,143.02 1,066,701.49

Narahenpita 4,082,719.13 3,340,424.64

Galle 124,870.00

Agro Products Dehiwala 549,731.00 435,530.25

22,409,419.64 25,555,645.01

17.2 Opening Stock

Grocery Dehiwala 717,015.11 313,167.04

Plant Nursery Dehiwala 180,018.75 251,778.20

Narahenpita 616,545.27 427,554.85

1,513,579.13 992,500.09

17.3 Purchases

Grocery, Milk Bar, Rice and Vegetable 15086255.78 18,443,984.81

Plants and Seeds 3843530.45 2,877,922.55

32 of 52

Fertilizer & Agricultural Products 844167.5 352,989.10

19773953.73 21,674,896.46

17.4 Closing Stock

Grocery Dehiwala 471,930.61 717,015.11

Narahenpita 22,647.25

Battaramulla 34,170.61

Plant Nursery Dehiwala 92,231.50 180,018.75

Narahenpita 294,325.00 616,545.27

Galle 254,135.90

Agro Products Dehiwala 124,323.57

Narahenpita 441,905.25

1,735,669.69 1,513,579.13

Other Operating Income

Gross Profit 2,369,620.47

Farm Income (A/c 547) 344,338.00

Total 2,713,958.47

Note.18 Personal Emoluments

Items 2008 2007

Rs. Rs.

Board Members Fees 20,000.00 21000

Salaries & allowances 6,671,846.23 4339984.27

Overtime & Holiday Pay 357,418.35 306962.45

Employees Provident Fund Contribution 552,387.27 350567.3

Employees Trust Fund Contribution 144,249.88 89188.89

Staff Medical services 2,058.00

7,747,959.73 5,107,702.91

Note.19 Travelling Expenses

Items 2008 2007

Rs. Rs.

Traveling & Subsistence 300938.00 140020.6

Running Expenses of Mote vehicles 1735631.74 1128762.5

2036569.74 1268783.10

Note.20 Supplies and Requisites

Items 2008 2007

Rs. Rs.

Printing & Publication 138,844.00 321859.5

33 of 52

Stationary & Consumables 621,550.44 198756.12

Books, Newspapers & Periodicals 11,868.45 68172.45

Other Inventories 175,914.25 78465.5

Entertainments 269,420.27 253517.6

1,217,597.41 920,771.17

Graden Equipments 22,500.00 540.00

Insurance & Reg. of Motor vehicle 194,723.86 196,670.96

217,223.86 197,210.96

Note.21

Repairs and Maintenance of Fixed

Assets

Items 2008 2007

Rs. Rs.

Buildings 712,784.93 142,933.75

Motervehicales 1,653,514.39 2,774,176.70

Furniture & Fittings 2,500.00 9,275.00

Office Equipments 149,797.50 13,097.50

Other Equipments 58,274.00 8,043.00

Plant & Machinery 43,000.00 46,075.00

Agricultural Equipments 7,417.00 49,070.00

Graden Equipments 22,500.00 540.00

Insurance & Reg. of Motor vehicle 194,723.86 196,670.96

2,844,511.68 3,239,881.91

34 of 52

Note.22 Transformation, Communication, Utility and Other Services

Items 2008 2007

Rs. Rs.

Transport charges 526483.40 95,300.00

Postage & Telephone 385687.48 387,756.02

Electricity charges 478690.00 223,567.27

Electricity Supply 358257.60

Bank chargers 93607.36 49,466.90

Depreciation 1086246.95 517,475.67

Miscellaneous expenses 223871.59 169,789.50

Water charges 165382.88 90,807.00

Audit Fees 28000.00 45,000.00

Wages 1811345.00 18,050.00

Rate & Taxes 44110.60

Hiring charges 126200.00 34,575.00

Internet & E-mail 12369.36

House rent 18850.00 12,500.00

Office rent 31000.00 30,000.00

Training & scholarship 35305.00 6,800.00

Secretary Fees 2500.00 2,500.00

35 of 52

Welfare services 54740.00 54,106.00

Consultancy services 11200.00 75,900.00

Losses & write off 20000.00

Advertising 38813.00

Gratuity & compensation 165064.50 25,862.50

Interest expense 17884.04

Incidental expense 148600.00 34,705.92

Bad Debits 45,092.51

Security Service 52,800.00

5884208.76 1,972,054.29

Note 23: Direct Development expenditure is shown under grants

Note 24: All expenditure incurred for Head Office Administration is

charged to Treasury Grants

Note 25: Implementation of Rice Consumption in Plantation Sector

funds were allocated by the Ministry of Agriculture

Development and Agrarian Services for the previous year.

This year funds were allocated by the Treasury

36 of 52

Annex.1 Plant Growers Loan Balance

Description Balance as at

01.01.2008

Re

Payment

During the

Year

Balance

2008.12.31

Padukka (Loan date 2007.08.02)

Ms.Kanthi Rajapakshe

1,250.00

750.00

500.00

Ms.K.Sumanawathi

910.00

750.00

160.00

Mr.W.P.Piyaseeli Madurusinghe

1,500.00

-

1,500.00

Ms.R.P.Jayantha

1,500.00

500.00

1,000.00

Ms.W.Mala Nandeni Perera

1,250.00

750.00

500.00

Ms.I.M.P.W.Gunawardena

1,250.00

750.00

500.00

Ms.Shanthi Vankulanberg

1,250.00

750.00

500.00

Ms.Sirima Munasinhe

1,300.00

750.00

550.00

Ms.K.Sagarika Padmakumari

1,500.00

500.00

1,000.00

Mr.K.W.Mahtupala

1,500.00

250.00

1,250.00

Sub Total

13,210.00

5,750.00

7,460.00

Gampaha (Loan date 2007.08.02)

Ms.O.Mirihagalla

37 of 52

1,500.00 1,250.00 250.00

Ms.Soma Jayaundara

1,500.00

1,250.00

250.00

Mr.P.P.S. Rajapakshe

1,500.00

1,250.00

250.00

Ms.S.G.Ranaweera

1,500.00

1,250.00

250.00

Ms.H.A.W.K.Wimukthi

1,500.00

1,250.00

250.00

Mr.J.A.A.D.Jayasekara

1,500.00

1,250.00

250.00

Mr.B.Bandurathne

1,500.00

1,250.00

250.00

Ms.M.K.G.Nandani

1,500.00

1,250.00

250.00

Ms.Dhammika Mirihagalla

1,500.00

1,250.00

250.00

Ms.G.R.Chandralatha

1,500.00

1,250.00

250.00

Sub Total

15,000.00

12,500.00

2,500.00

Total 28,210.00 18,250.00 9,960.00

Annex.2 Staff loan Balances as at 31st December 2008

Name of Employees

Distress

Loan

Festival

Advance

Special

Advance Total

Board Account

Miss.W.M.S.S.H.Wasala

200.00

200.00

Mr.W.M.A.S.Weerakon

342.35

342.35

Mr.P.P.Udawaththa

335.00

335.00

Mr.N.D.Wijesinghe

200.00

200.00

Mr.K.P.Samaraweera

1,413.17

1,413.17

Mr.A.H.A.Rathnayake

6,543.35

6,543.35

Mr.M.M.A.Sunil

15,322.06

15,322.06

Mr.I.D.N.Kusumsiri

8,625.00

1,500.00

700.00

10,825.00

Mr.D.Subasinghe

6,000.00

900.00

6,900.00

36,490.41

3,648.17

1,942.35

38 of 52

A/C 194125

Mr.Y.V.A.S.Perera

600.00

600.00

Mr.R.P.A.K.Randunu

600.00

600.00

Miss.K.K.Jayamani Chandrika

600.00

600.00


600.00

600.00

Mr.Ajith Wijekumara

600.00

600.00

Mr.Lal Gamani Rupasinghe

600.00

600.00

Mr.D.M.U.S.Dissanayake

600.00

600.00

Mr.A.H.M.Nishantha

900.00

900.00

5,100.00

A/C 138295

Mrs. Subhasini Hemakanthi

800.00

800.00

Mrs. Nilmini Wasantha Kumari

400.00

400.00

Ms.Ganga Lakmali

Jayawardhana

400.00

400.00

1,600.00

36,490.41

10,348.17

1,942.35

48,780.93

Annex.3 Farmers Loan

Description

Balance

01.01.2008

New

Grants Recoveries

Balance

31.12.2008

P.G.Wilasini

7,000.00

-

2,000.00

5,000.00

J.M.Siriyalatha

7,000.00

-

1,000.00

6,000.00

K.B.Piyadasa

5,000.00

-

2,000.00

3,000.00

C.D.M.Abeyrathne

5,000.00

-

5,000.00

-

M.D.Wichalawathi

1,000.00

-

1,000.00

-

Uva Wellassa Govi Kantha

Sanwidanaya

10,000.00

-

10,000.00

K.A.Nandasena

11,925.00

-

11,925.00

W.V.Ranjith

10,000.00

-

10,000.00

W.M.Weerasinghe

4,500.00

-

4,500.00

39 of 52

K.Gamini Premarathne

8,703.00

-

8,703.00

K.Sugath Kumara

2,000.00

-

2,000.00

K.G.Shriyani

3,500.00

-

3,500.00

W.G.Sureka Erangani

2,000.00

-

2,000.00

N.D.Rathnayake

2,500.00

-

2,500.00

R.D.Jayasinghe

2,250.00

-

2,250.00

M.M.Bisomanika

925.00

-

925.00

R.D.Sirisena Rajapaksha

3,675.00

-

3,675.00

R.P.Piyadasa

2,525.00

-

2,525.00

K.D.Weerasinghe

4,000.00

-

4,000.00

N.W.Chandradasa

7,325.00

-

7,325.00

R.M.Surasena

500.00

-

500.00

K.D.Sirisena

1,175.00

-

1,175.00

102,503.00

-

11,000.00

91,503.00

Annex.4 Small Farmers Project

Mahawilachchiya

Govinaguma 200,000.00

Samagi Samithiya 70,000.00

Diriyashakthi Samithiya 70,000.00

Ekamuthu Gewathu Waga Kuda Kandayama 70,000.00

Samanala Samithiya 70,000.00

Deepthi Sulu Govi Sanvidanaya 140,000.00

Diriya Organization 175,000.00

Uwa welussa Govi kantha Sanvidanaya 245,000.00

Shakthi Govi Sanvidanaya 210,000.00

40 of 52

Deshiya Ahara Boga Nishpadana Govi Sanvidanaya 210,000.00

Govi Naguma Govi Sovi Sanvidanaya 210,000.00

Ekamuthu Gruhastha Ahara boga nishpadana Govi

Sanvidanaya 147,000.00

Rosa Kusum Govi Sanvidanaya 175,000.00

Suwa Shakthi Govi Sanvidanaya 175,000.00

Kadurata Govi Sanvidanaya 700,000.00

Isuru Govi Naguma Govi

Sanvidanaya 175,000.00

Shakthi Praja Mula Sanvidanaya 350,000.00

Diriya Govi Naguma Sulu Govi Sanvidanaya 175,000.00

Api wawamu Sarawath Govi Sanvidanaya 350,000.00

Ruhunu Govi Naguma Padanama 175,000.00

Parakum Govi Naguma 210,000.00

Dahithakami Govi Naguma Kuda Kandayam Samithiya 175,000.00

Sahakthi Ponniwala Sulu Govi Sanvidanaya 140,000.00

thirasara Govi Naguma Sulu Govi Sanvidanaya 420,000.00

Sri Lanka Govi Naguma - Madirigiriya 350,000.00

Sri Lanka Govi Naguma - Madirigiriya 350,000.00

5,737,000.00

Annex .5 LIST OF VEHICLES AS 31ST DECEMBER 2008

No Vehical No Make/Manufacturer Cost

01 54-7156 Mitsubishi Double Cab 1,112,000.00

02 18-4594 Mitsubishi Car 1,206,044.00

03 56-4927 Mitsubishi Double Cab 23,000.00

04 53-5329 Mitsubishi Double Cab 845,190.00

05 31-3258 Mitsubishi Jeep 156,953.10

Annex .5 LIST OF VEHICLES AS 31ST DECEMBER 2008

41 of 52

06 32-4913 Mitsubishi Pajero 609,685.00

07 31-9097 Mitsubishi Jeep 845,190.00

08 31-9094 Mitsubishi Jeep 221,000.00

09 138-1170 Honda CG 125 125,000.00

10 160-2958 Yamaha SR 125 191,342.50

11 138-9162 Honda CG 125 127,270.00

12 138-9167 Honda CG 125 127,270.00

13 GB 5040 Massey Ferguson 895,000.00

14 GB 4885 Massey Ferguson 895,000.00

15 49-1674 Massey Ferguson 873,294.00

42 of 52


BALANCE SHEET AS AT 31ST DECEMBER 2008

Total Board A/C. 734 295 125 547 735

Property Plants & Equipment - - - -

Land & Building

3,069,126.73

3,321.29

1,884,284.78

77,805.00

54,000.00

1,049,715.66 -

Motor Vehicles

13,823.00 23.00 -

13,800.00 - - -

Plant & Machinary

1,570,420.24 -

114,499.20 -

85,926.00

1,369,995.04 -

Office Equipment

1,310,073.95

205,726.63

192,382.51

40,395.00

834,807.31

23,182.50 13,580.00

Furniture & Fittings

355,284.40 -

240,030.80

28,443.20

85,715.40 - 1,095.00

Agriculture Equipment

75,275.00 - 23,912.00 -

51,363.00 - -

Garden Equipment

114,960.73 -

103,248.73 - -

11,152.00 560.00

Other Equipment

423,679.40 -

236,302.60

180,420.00 -

6,956.80 -

Photograpgic Cinama

Equipment

140,160.00 - 14,160.00 -

126,000.00 - -

Temporary Building

697,335.42

22,033.78

227,086.88

71,935.43

345,248.23 - 31,031.10

Minor Equipment - - - - - -

Survey Equipment - - - - - -

7,770,138.86

231,104.70

3,035,907.50

412,798.63

1,583,059.94

2,461,002.00 46,266.10

265,245.31 - - -

43 of 52

Treasury Bills - - - - -

Sub Total - - - - - -

- - - -

Current Assets - - - -

Salaries Control

5,698.70 - - -

5,698.70 - -

Deposit

160,499.00

40,799.50 21,500.00

6,100.00

22,099.50

70,000.00 -

Fuel Deposit

95,400.50

20,400.50 - -

75,000.00 - -

Savings Deposit

54,577.93 49,037.58 -

5,040.35 - 500.00

Savings Deposit Higurakgoda

48,784.54 48,784.54 - - - -

Seeds Deposit

550.00 550.00 - - - -

Initial Deposit - - - - - -

Stock

2,386,987.08

629,866.14 -

1,735,669.69

21,451.25 - -

Debtors Internal

60,828.33

1,780.00 9,048.33 - - - 50,000.00

Debtors External

817,176.26

768,941.26 4,042.00

9,960.00

34,233.00 - -

Farmers Loan

90,610.50 - - - - 90,610.50

Staff loan - - - - - -

Primary Expenses for new

building

486,124.00

486,124.00 - - - - -

Pre Payment

769.55 - -

769.55 - -

Advances

6,365,955.00

5,838,955.00

520,000.00

7,000.00 - -

44 of 52

Special Advance

1,942.35

1,942.35 - - - - -

Festivel Advance

10,348.17

3,648.17 -

1,600.00

5,100.00 - -

Receivable

163,730.82

37,629.35 - -

481.47 - 125,620.00

Distres Loan

36,490.41

36,490.41 - - - - -

Petty Cash Imprest

816,500.00

1,500.00 -

750,000.00

10,000.00

5,000.00 50,000.00

Cash In Hand

1,150.73

1,150.73 - - - -

Bank Balane

1,499,075.72

274,095.59

424,002.69

769,272.88

14,869.04 16,835.52

Sub Total

13,103,199.59

2,030,272.41

6,246,013.04

3,447,332.38

956,146.70

89,869.04 333,566.02

- - - -

- - - - -

Total

20,873,338.45

2,261,377.11

9,281,920.54

3,860,131.01

2,539,206.64

2,550,871.04 379,832.12

- - - - -

Fund Balance

33,175,621.63

5,063,312.93

26,392,742.90

570,000.00

254,986.90 - 894,578.90

Funds

1,413,770.84 - - -

1,413,770.84 -

Less: Grants

14,959,232.33

13,922,236.70 - -

463,863.53 573,132.10

Adjustment Fund Balance

19,630,160.14

5,063,312.93

12,470,506.20

570,000.00

254,986.90

949,907.31 321,446.80

Accumulated Fund

2,096,063.99

2,759,891.62

(3,997,177.20)

2,464,167.07

1,405,745.32 -

(536,562.82)

Prior Period Adjustment

432,183.20

774,175.75 12,900.17

(56,019.49)

(295,327.56) - (3,545.67)

45 of 52

Adjustment Account 0.00

(6,644,386.80)

6,295,010.15

(6,262.50)

7,010.60 348,628.55

Sub Total

22,158,407.33

1,952,993.50

14,781,239.32

2,978,147.58

1,359,142.16

956,917.91 129,966.86

Income Over Expenditure

(3,182,550.24)

(13,646.61)

(4,283,164.98)

(548,199.42)

556,900.55

1,548,709.37

(443,149.14)

Sub Total

18,975,857.09

1,939,346.89

10,498,074.34

2,429,948.16

1,916,042.71

2,505,627.28

(313,182.28)

Temporary Transfers

(717,006.84)

(366,339.00)

(1,046,117.00) -

5,885.00 - 689,564.16

Sub Total

18,258,850.25

1,573,007.89

9,451,957.34

2,429,948.16

1,921,927.71

2,505,627.28 376,381.88

- - - - -

Current Libilities - - - -

Refundable Deposits

(24,500.00)

(57,000.00) - -

32,500.00 - -

Creditors Internal

52,465.00 50,000.00 -

2,465.00 - -

Creditors External

5,000.00

5,000.00 - - - - -

Provision - Gratuity &

Compansation

283,427.00 - - -

283,427.00 - -

Retention Money

11,733.90 - - -

11,733.90 -

Provision - Bad Debits

165,855.53

161,506.62 2,092.26 -

2,256.65 - -

Farmers Loan - - - - - -

Loan

375,800.00 -

375,800.00 - - -

Farmers Loan Fund

10,000.00

10,000.00 - - - - -

Salaries Control - - - - - -

46 of 52

Accrued Expenses

841,000.36

2,996.99

328,079.07

336,184.63

160,500.00 - 13,239.67

Initial Deposit

20,000.00 - - -

20,000.00 -

Payable

873,706.41

400.00 1,171.65

718,198.22

136,130.28

13,509.86 4,296.40

Pre Receipt

(0.00)

565,465.61

(551,379.78) - - (14,085.83)

Sub Total

2,614,488.20

688,369.22

(170,036.80)

1,430,182.85

617,278.93

45,243.76 3,450.24

Total

20,873,338.45

2,261,377.11

9,281,920.54

3,860,131.01

2,539,206.64

2,550,871.04 379,832.12

- - -

47 of 52

48 of 52


INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENED 31ST DECEMBER 2008

Total

Board

A/C. 734 295 125 547 735

INCOME

-

-

Treasury Grants

11,408,8

00.00

-

7,428,8

43.07

3,979,9

56.93

Other grants

-

-

-

-

Treasury Bill

Interest

-

-

-

-

Savings

Account

Interest

3,011.85

2,754.00

-

257.85

-

Plant Nursery,

Vegetables &

Milk Project

2,369,62

0.47

2,369,6

20.47

-

-

Other Income

100,723.

99

42,504.1

3

11,520.

67

46,699.

19

-

Insurance

claim

55,900.0

0

-

55,900.

00

-

Vehicle sales

2,264,96

7.77

-

2,264,9

67.77

-

Farm Income

344,338.

00

-

-

-

344,338.

00

Sundry Income

-

-

-

-

-

Sub Total

16,547,3

62.08

45,258.1

3

2,381,1

41.14

9,796,6

67.88

3,979,9

56.93

344,338.

00

-

-

-

-

Expenditure

-

-

-

-

Personal

Emoluments

-

-

-

-

Board Member

Fees

20,000.0

0

-

20,000.

00

-

-

Salaries &

Allowances

6,670,91

1.23

394,874.

00

1,029,7

32.63

4,437,1

22.15

553,90

1.98

255,280.

47

Overtime

357,418.

35

3,762.74

192,40

5.55

161,25

0.06

-

-

Provident Fund

552,387.

27

-

103,86

6.13

376,03

5.86

53,010.

00

19,475.2

8

Trust Fund

144,249.

-

24,630.

101,49

13,252.

4,868.82

49 of 52

88 33 8.19 54

Staff medical

services

2,058.00

-

-

2,058.0

0

-

-

Sub Total

7,747,02

4.73

398,636.

74

1,350,6

34.64

5,097,9

64.26

620,16

4.52

279,624.

57

-

-

Traveling

Expenses

-

-

Traveling &

Subsistence

300,938.

00

193,213.

50

6,940.0

0

70,683.

50

24,305.

00

5,796.00

Running

Expenses of

Motor Vehicle

1,735,63

1.74

411,403.

80

246,59

7.00

954,43

6.24

54,290.

70

68,904.0

0

Sub Total

2,036,56

9.74

604,617.

30

253,53

7.00

1,025,1

19.74

78,595.

70

74,700.0

0

-

-

Supply &

Requisites

-

-

Printing &

Publication

138,844.

00

20,930.0

0

40,300.

00

15,750.

00

43,790.

00

18,074.0

0

Stationary &

Consumables

621,550.

44

135,107.

34

310,83

6.00

118,89

1.80

26,112.

00

30,603.3

0

Books /

Newspapers &

Periodicals

11,868.4

5

-

-

11,868.

45

-

-

Other

Inventories

175,914.

25

36,249.2

5

112,37

9.00

15,021.

00

10,505.

00

1,760.00

Entertainment

269,420.

27

190,695.

00

14,494.

00

26,112.

05

19,835.

22

18,284.0

0

Sub Total

1,217,59

7.41

382,981.

59

478,00

9.00

187,64

3.30

100,24

2.22

68,721.3

0

-

-

Repairs &

Maintenance

of Vehicles

-

-

Motor

Vehicles

1,653,51

4.39

150,807.

22

25,764.

50

1,440,8

89.67

6,480.0

0

29,573.0

0

Building

712,784.

93

71,208.7

5

42,524.

00

16,065.

00

582,98

7.18

-

Furniture &

Fitting:

2,500.00

-

2,500.0

0

-

-

-

50 of 52

Office

Equipments

149,797.

50

-

9,905.0

0

46,352.

50

93,540.

00

-

Other

Equipments

58,274.0

0

295.00

27,064.

00

750.00

25,820.

00

4,345.00

Plant &

Machinery

43,000.0

0

-

35,000.

00

8,000.0

0

-

-

Agriculture

Equipment

7,417.00

6,532.00

-

-

225.00

660.00

Garden

Equipment

22,500.0

0

-

22,500.

00

-

-

-

Insurance/ Reg.

of M/V

194,723.

86

330.00

7,040.0

0

177,50

8.86

3,145.0

0

6,700.00

Insurance/ Reg.

Other Assets

-

-

-

-

-

-

Sub Total

2,844,51

1.68

229,172.

97

172,29

7.50

1,689,5

66.03

712,19

7.18

41,278.0

0

-

-

Transformation

/ Common: /

Utility & Other

Services

-

-

Transport

Charges

526,483.

40

473,619.

00

-

6,564.4

0

9,500.0

0

36,800.0

0

Postage /

Telephone

385,687.

48

6,756.57

63,917.

18

290,07

6.17

14,032.

00

10,905.5

6

Electricity

478,690.

00

3,424.00

189,72

4.06

268,86

0.04

3,727.6

0

12,954.3

0

Electricity

Supply

358,257.

60

-

-

358,25

7.60

-

Insurance

General

-

-

-

-

-

-

Legal Expenses

-

-

-

-

-

-

Bank Chargers

93,607.3

6

36,629.0

1

27,177.

73

22,027.

66

1,350.0

0

6,422.96

Depreciation

1,086,24

6.95

13,64

6.61

371,755.

78

70,347.

48

218,50

6.40

406,56

8.74

5,421.95

Miscellaneous

Expenses

223,871.

59

41,965.1

5

51,608.

94

10,123.

00

2,286.0

0

117,888.

50

Water Supply

165,382.

88

-

63,042.

40

101,49

8.48

842.00

-

51 of 52

Audit Fees

28,000.0

0

-

-

28,000.

00

-

-

Wages

1,811,34

5.00

1,601,31

5.00

-

8,910.0

0

68,660.

00

132,460.

00

Security

Service

-

-

-

-

-

-

Rate & Taxes

44,110.6

0

-

44,110.

60

-

-

-

Hiring Chargers

126,200.

00

126,200.

00

-

-

-

-

Internet & E

mail

12,369.3

6

-

-

12,369.

36

-

-

House Rent

18,850.0

0

18,850.0

0

-

-

-

-

Office Rent

31,000.0

0

1,000.00

-

-

30,000.

00

-

Training &

scholarship

35,305.0

0

-

-

10,531.

00

24,774.

00

-

Secretary Free

2,500.00

-

-

2,500.0

0

-

-

Welfare

Services

54,740.0

0

-

-

54,430.

00

-

310.00

Consultancy

Services

11,200.0

0

10,000.0

0

-

1,200.0

0

-

-

Registration

Fees

-

-

-

-

-

-

Donation

-

-

-

-

-

-

Bad Debts write

off

20,000.0

0

20,000.0

0

-

-

-

-

Advertising

38,813.0

0

-

-

38,813.

00

-

-

Publicity

-

-

-

-

-

-

Compensation

-

-

-

-

-

-

Gratuity &

Compensation

165,064.

50

-

-

165,06

4.50

-

-

Tender Fees

-

-

-

-

-

-

Interest

Expense

17,884.0

17,884.

52 of 52

4 04

Incidental

148,600.

00

1,500.00

147,05

0.00

-

50.00

-

Sub Total

5,884,20

8.76

13,64

6.61

2,713,01

4.51

674,86

2.43

1,239,4

74.01

920,04

7.94

323,163.

27

Income Over

Expenditure

(3,182,5

50.24)

(13,64

6.61)

(4,283,1

64.98)

(548,19

9.42)

556,90

0.55

1,548,7

09.37

(443,149

.14)

Documents

ANNUAL REPORT 2006 - Sri Lanka · 3 of 52 ANNUAL REPORT 2008 Introduction The Sri Lanka National Freedom from Hunger Campaign Board (FFHC – Sri Lanka) is a statutory body under