Page 90 - KZN Film A Report

KWAZULU-NATAL FILM COMMISSION
(Registration number M3/15/32 (834/15))
Annual Financial Statements for the year ended 31 March 2021
Notes to the Financial Statements (continued)
17. Other income
Tender receipts
Fruitless and wasteful recovery
Production and development recoveries/recoupments Insurance recoveries and other
National Film and Video Foundation
Funds - MICT Seta Learnership
The other income relates to:
600 - 3,123 97,841 900,000 1,435,740
2,437,304
11,803 8,164 1,391,856 116,892 - 651,700
2,180,415
Figures in Rand
2021
2020
- Amount of R600 relates to receipts from SCM tender documents issued during the period under review.
- The R900k is from the National Film and Video Foundation for their contribution to the Made for TV projects. - The amount of R97,841 relates to Santam recoveries and COVID-19 relief fund recoveries.
- The amount of R1,435,740 relates to MICT Seta contribution to the Learnership programme.
18. Government grants and subsidies Operating grants
Income from EDTEA Special grant
Total grants released
78,358,000 5,190,000
83,548,000
80,538,000 10,000,000
90,538,000
88
KZN FILM COMMISSION ANNUAL REPORT 2020/2021