The significant categories under which
revenue is recognised are as follows:
Group
Company
(All amounts in Sri Lanka Rupees
millions)
2004
2003
2004
2003
Interest expense and related charges
Rupee loans (long-term)
1,631
1,628
1,236
1,567
Foreign currency loans
255
553
229
553
US$ 100 million notes
60
–
60
–
Debenture interest
66
120
66
120
Amortisation of deferred costs
114
48
48
48
Other charges [Note (a)]
(2)
1
(18)
1
Total interest payable
2,124
2,350
1,621
2,289
Interest capitalised
(76)
(96)
(13)
(96)
Total interest charged
2,048
2,254
1,608
2,193
Foreign exchange loss (Note 25)
476
609
476
609
Aggregate value of finance costs
2,524
2,863
2,084
2,802
(a)
Other charges include exchange gain from US$ 100 million Bond
and other exchange gains on foreign currency
deposits, etc. In 2003, it includes debenture and loan related
expenses.
