Page 38 - FSC_AR Status Report

FOREST SECTOR CHARTER COUNCIL
(Registration number 2009/006567/08)
Annual Financial Statements for the year ended 31 March 2023
Notes to the Annual Financial Statements (continued) 15. Related parties
Figures in Rands
2023
2022
Relationships
Members of the Forest Industry
Paper Manufacturers Association of South Africa (PAMSA) Forestry South Africa (FSA)
Sawmilling South Africa (SSA)
South African Wood Preservers Association (SAWPA) South African Utility Pole Association (SAUPA)
South African Forestry Contractors Association (SAFCA) Department of Forestry, Fisheries and the Environment (DFFE)
Related party balances and transactions Balances
Amounts included in Trade receivables
SAFCA
SAUPA
PAMSA
Sawmilling SA Non-affiliated DFFE
Total
Amounts included in Trade payables FSA
PAMSA
SAFCA
Total
Transactions
Revenue received from related-parties:
PAMSA
FSA
Sawpa
Sawmilling South Africa Saupa
Safca DFFE
Portion of bad debts attributable to related parties DFFE
17 933 1 253 - - -
19 186
9 000 14 798 396
24 194
190 410 507 518 26 311 87 139 26 312 17 933 813 000
668 623
610 986
2
2
-
- 94 477
27 663 610 985
733 126
- - -
-
133 724 483 351 25 058 82 990 25 058 17 079 610 985
378 245
-
1
3
5
2
1
2
4
36 ANNUAL REPORT 2022/2023