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  • සිංහල
  • தமிழ்
  • Home
  • About Us
    • Overview
    • Founder
    • Current Board of Trustees
    • Other Subsidiary Companies
      • National Wealth Corporation Limited
      • NatWealth Securities Limited (NWSL)
      • Sri Lanka Institute of Information Technology
    • Organization Structure
    • Linked Organization
      • The Development Lotteries Board
      • The President’s Fund
    • Our Team
    • History
      • Board of Trustees
      • Mahapola Trade Fair & Exhibition
      • School Development Fund
      • Scholarship Award List Since Beginning
    • Board of Trustees Meetings
  • Board Decision
  • Finance Details
    • Budget Income & Expenses
    • Financial Position
      • Source of Income
      • Final Account
    • Reports
      • Annual Report
      • Audit Report
      • Performance Report
      • Strategic Plan
    • Fund Position
    • Scholarship Payment
  • Scholarship Awards
    • Distribution of Scholars
    • Last scholar Award List
    • Annual Ceremony
    • Scholarship Selection Procedure
    • Annual Scholarship Awards Ceremony
    • Scholarship Recipients List
  • Projects
    • Trade Fair
    • Mahapola Lottery
    • Online Lottery
    • School Development
    • Green University Village Project
  • Polices
    • Act & Amendments
    • Corporate Plan
    • Eligibility Criteria
    • Appeal Procedure
    • Payment Criteria
    • New Payment System
    • Payment Guideline
  • Donation & Contribution
    • Bank Details
    • Donated List
    • Pay Online
  • Contact Us
  • Home
  • Finance Details
  • Budget Income & Expenses

Budget Income & Expenses

Income and Expenditure Estimates

Income and Expenditure Estimates

Income and Expenditure Estimates for the year 2020

Category/ Object Title Budgeted 2018 Actual Amounts Estimate 2019
1. INCOME   30.09.2018  
1.1 National Wealth Cor.L/NWSL 600,000,000 500,000,000 800,000,000
1.2 Interest Investment (MTF) 150,000,000 132,321,440 150,000,000
1.3 Share of Profit from DLB 800,000,000 505,104,190 900,000,000
1.5 SLIIT 20,000,000 20,000,000 20,000,000
1.6 Other Income (Dividend NWCL/NWSL 100,000,000 - -
TOTAL INCOME 1,670,000,000 1,157,425,630 1,870,000,000
       
2. EXPENDITURE      
Recurrent Expenditure 1,424,131,000 918,845,662 1,628,747,000
Scholarship Payments (Note 1) 1,398,688,000 900,332,165 1,594,782,000
Personal Emoluments (Note 2) 10,298,000 10,202,774 17,890,000
Maintenance Expenditure (Note 3) 1,900,000 395,671 1,900,000
Contractual Services (Note 4) 9,725,000 5,747,004 10,425,000
Other Recurrent Expenditure (Note 5) 1,560,000 408,233 1,550,000
Payment of Car Lease Rent 1,860,000 1,676,125 2,000,000
Other Expenditure 100,000 83,690 200,000
       
CAPITAL EXPENDITURE 16,000,000 1,740,203 21,000,000
Office Equipment 2,000,000 1,133,223 2,000,000
Building 1,000,000 606,980 -
Vehicles 8,000,000 - 17,000,000
New CMS website Development, Quick book Accounting software & Scholarship payments software 5,000,000 - 2,000,000
TOTAL EXPENDITURE 1,440,131,000 920,585,865 1,649,747,000
Net Surplus 229,869,000 236,839,765 220,253,000
Recurrent Expenditure Estimates

Recurrent Expenditure Estimates

Expenditure Category Notes Budget 2018 Actual up to 30.09.2018 Estimate 2019
Scholarship Payment 1 1,398,688,000 900,332,165 1,594,782,000
Scholar ship Payment - University   1,326,000,000 853,797,204 1,475,302,500
Scholarship Payment - Technical   - 34,277,100 81,000,000
Scholarship Payment - Other   72,688,000 12,257,860 38,479,500
         
Personal Emoluments 2 10,298,000 10,202,774 17,890,000
Salaries & Wages   7,350,000 8,200,032 12,000,000
Overtime & Holiday Payments   300,000 362,529 500,000
Attendance Allowance   350,000 232,625 1,440,000
EPF   1,102,500 659,826 1,500,000
ETF   220,500 131,966 500,000
Gratuity   575,000 - 750,000
Staff Incentive   200,000 307,275 500,000
Other ( Leave encashment)   200,000 308,521 400,000
Helth Insurance   - - 300,000
         
Maintenance Expenditure 3 1,900,000 395,671 1,900,000
Vehicle Maintenance   1,000,000 - 1,000,000
Maintenance of Office Equipment   400,000 122,796 400,000
Maintenance of Office Computer   500,000 272,875 500,000
         
Contractual Services 4 9,725,000 5,747,004 10,425,000
Stationary Expenses   500,000 679,607 750,000
Postage & Communication   300,000 623,925 750,000
Printing Charges   400,000 133,152 400,000
Advertising   200,000 - 300,000
Welfare Expenses   200,000 186,732 250,000
UGC Expenses   600,000 - 1,000,000
Vehicle Insurance   300,000 - 300,000
Transport A/C   75,000 - 75,000
Sundry   100,000 263,800 300,000
Traveling   50,000 144,621 200,000
Fuel Expenses   500,000 7,519 200,000
Office Rental Charges   5,000,000 2,955,863 4,000,000
Securitt/Cleaning Services   1,000,000 169,000 200,000
Electicity Expenses   - 300,535 600,000
Training & Capacity Building   - - 300,000
Lalith Athulathmudali Memo:   500,000 69,550 500,000
Board Meeting member fees   - 212,700 300,000
         
Other Recurrent Expenditure 5 1,560,000 408,233 1,550,000
Annual Scholarship Awards   1,500,000 383,758 1,500,000
Bank Charges   60,000 24,475 50,000
TOTAL RECURRENT EXPENDITURE   1,422,171,000 917,085,847 1,626,547,000
Scholarship Payments 2019

Scholarship Payments 2019

Universtity 2011/12 2013/14 2014/15 2015/16 2016/17 2017/18 Total Students Intake
Eastern University/Trincomalee Campus 5 150 449 710 751 15,000  
Gampaha Wickremarachchi Ayurveda Vidy     31 8 7    
Institute of Indigenous Medicine 82   68 66 73    
Rajarata University (Mnihintale) 82 200 609 673 814    
Sabaragamuwa University     546 535 556    
South Eastern University     801 908 905    
Swami Vipulananda Inst of Aesthetic Studies     191 140 161    
University of Colombo 193 500 1,246 1,182 1,521    
University of Colombo-Computer School     69 83 94    
University of Colombo-Sripalee Campus     92 69 99    
University of Jaffna 98 200 915 1,165 1,271    
University of Jaffna Vavuniya Campus     104 124 109    
University of Kelaniya 70 150 1,590 1,551 1,820    
University of Moratuwa     836 775 828    
University of Peradeniya 129 500 1,381 1,318 1,452    
University of Ruhuna-Matara 85 200 1,015 907 1,009    
University of Sri Jayawardenapura 62 450 1,859 1,894 2,029    
University of Visual & Performing Arts     348 330 330    
University of Visual & Performing Arts 2              
Uva Wellassa University     167 229 251    
Wayamba University     358 509 574    
Total Students 806 2,350 12,675 13,176 14,654 15,000 57,855
Total Amounts             1,475,302,500
               
Other Hig: Edu: Institute 2011/12 2013/14 2014/15 2015/16 2016/17 2017/18 Total Students Intake
Buddhist & Pali University   18 22 25 28 1,000  
Bikshu University of Sri Lanka     25 25 26    
National Institute of Social Development   9 9 9 10    
Law College     20 20 25    
N.D.T     70 70 98    
Total Students   27 146 149 187 1,000 1,509
Total Amounts             38,479,500
               
Technical College   2013/14 2014/15 2015/16 2016/17 2017/18 Total Students Intake
Advanced Technical College   - 1,500 1,500 1,500 1,500  
Total Students   - 1,500 1,500 1,500 1,500 6,000
Total Amounts             81,000,000
Grand Total             1,594,782,000

Latest News

Scholarship Awards for the Academic Year 2023/24

Scholarship Awards for the Academic Year 2023/24

 
17 June 2025
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Scholarship Awards for the Academic Year 2022/23

 
07 January 2025
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Rename & Change of the Mahapola Act

Rename & Change of the Mahapola Act

 
18 April 2019
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Re-Structuring of the Monthly Installment Payment Process in the Universities and Other Higher Education Institutes

Re-Structuring of the Monthly Installment Payment Process in the Universities and Other Higher Education Institutes

 
01 October 2018
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