Page 107 - KZN Film Annual Report 2023/2024

KWAZULU-NATAL FILM COMMISSION
Notes to the Financial Statements (continued)
22. Depreciation and amortisation
Furniture and Fittings
IT Equipment
Office equipment
Motor Vehicle
Production and Development equipment Leasehold Improvement
Software
23. Impairment of assets
Impairments
Other financial assets
The amount of R 1,5million, refers to a Film Fund project called Stolen that was loaned, amount has been impaired as at 31 March 2023.
24. Debt impairment
Bad debts written off
There was one Cluster Tenant balance that was written off during the period under review.
25. Operating expenses
Advertising
Bank charges
Cleaning
Corporate social initiatives Consulting and professional fees Fines and penalties
Hire
Insurance
IT expenses
File management
Postage and courier
Printing and stationery
Repairs and maintenance
Security
Staff welfare
Subscriptions and membership fees Telephone and fax
Training
Travel
Non capitalised equipment Electricity
Water
Recruitment costs
Internship programme
Lease rentals on operating lease Employee wellness
Other expenses
1 4
1 1
1 3
17
102 365 393 425 82 892 9 919 1 613 103 501 3 489 697 204
-
1 696
66 713
67 414 335 883 644 141 514 723
-
- 125 721 645 000 52 691 - 307 293 149 570 637 646 16 370 34 565 141 407 418 372 608 940 28 696 307 087 213 086 62 784 487 730 544 584 249 646 7 743 667 805
142 116 517 282 63 693 - 11 489 112 719 39 958 887 257
1 500 000
-
111 008 47 297 323 319 221 000 219 006 1 193 1 533 153 572 778 911 131 987 100 018 151 314 314 427 512 858 - 224 240 18 210 645 051 471 152 2 103 429 604 210 841 146 434 480 957 440 433 187 250 42 925 366 643
(Registration number M3/15/32 (834/15)) Annual Financial Statements for the year ended 31 March 2024
Figures in Rand
2024
2023
1 4
3
1 3
18
105
ANNUAL REPORT
2023/2024