18. DEFERRED INCOME   Close Window  
 
(All amounts in Sri Lanka Rupees millions)
Deferred income represents the new connection charges, net of amounts amortised to the Income Statement. Connection charges are initially recognised as deferred income and amortised over a period of 15 years as stated in Accounting Policy Q.

  Group/Company
  2003 2002
Balance at 1 January 7,132 6,879
Connection fees for the year 858 981
Amount amortised during the year (776) (728)
Balance at 31 December ---------
7,214
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7,132
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