Annual Report 2008 - Ministry of Finance and Planning

8. Financial Statements - 2008
Statement of Financial Position
As at 31st December 2008
289
Actual
Note 2007 2006
Rs.
Rs.
Financial Assets
Loans to Public Officers 15 22,146,960,663 20,688,363,332
Advances to Govt. Departments 16 7,623,781,750 8,839,401,396
Membership Fees Paid 17 1,885,484,942 1,885,484,943
On Lending 18 253,145,559,314 218,853,579,691
Capital Contribution in State Owned Enterprises 19 114,348,287,201 111,817,301,166
Total Financial Assets 399,150,073,871 362,084,130,528
Liabilities
Bank Overdrafts 54,878,004,052 29,887,449,976
Advance from the Central Bank 20 76,307,700,000 60,679,200,000
Foreign Loan Revolving Funds 21 16,765,319,553 13,048,314,707
Miscellaneous Funds 22 2,444,801,767 2,289,057,707
Government Borrowings 23 3,166,500,520,898 2,767,500,379,115
Deposits and Other Liabilities 24 82,120,182,649 63,806,542,849
Operating Accounts with Government Departments 25 1,702,693,387 3,260,015,313
Sundry Accounts 26 (4,038,513,502) (512,673,826)
Total Liabilities 3,396,680,708,804 2,939,958,285,841
Contingency Fund 140,000,000 140,000,000
Total Liabilities & Contingency Fund Balance 3,396,820,708,804 2,940,098,285,841
Total Liabilities and Contingentcy Fund
Balance over Financial Assets 2,997,670,634,934 2,578,014,155,313
Consolidated Fund- Accumulated Deficit 27 (197,648,988,582) (140,169,685,087)
Total Investments in Physical Assets and
Accumulated Net Revenue Deficit 28 2,800,021,646,352 2,437,844,470,226
2,997,670,634,934 2,578,014,155,313
Contingencies & Commitments 29 137,080,750,000 78,616,920,000
The accompanying “Statement of Accounting Policies” and “Notes” to Financial Statements form an integral part of these Financial Statements.
The Department of State Accounts is responsible for the preparation and presentation of these Financial Statements.
D.P.R.SENADHIPATHY
Director General
Department of State Accounts
SUMITH ABEYSINGHE
Secretary, Ministry of Finance & Planning
and Secretary to the Treasury
General Treasury
Colombo 01.
24th April 2009.
Ministry of Finance and Planning Sri Lanka
Annual Report 2008