Page 93 - 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)
22. Marketing and projects
Advertising and promotion
Branding and marketing
Familiarisation tours
Locations and facilities
Simon Mabhunu Sabela - film awards Durban International Film Festival Special projects - film festivals
Special projects - audience development
23. Depreciation and amortisation
Furniture and fixtures
IT equipment
Office equipment
Production and development equipment Leasehold improvements
Computer software
24. Doubtful debts
Figures in Rand
2021
2020
400,000 831,719 60,077 169,518 3,630,801 400,000 640,000
461,584 2,770,298 340,224 203,947 6,862,579 1,092,300 1,045,628 240,000 1,351,416
6,372,115
630,683 282,824 71,135 116,151 676,456 182,845
14,127,976
665,149 270,526 40,061 138,478 758,171 428,941
1,960,094
2,301,326
Contribution to debt impairment provision
A provision of R286,000 had been raised in relation to the film fund projects that are in breach of the contractual obligations.
-
Advertising 4,287 Bank charges 40,794 Cleaning 617,672 Corporate social initiatives 213,840 Consulting and professional fees 1,221,931 Insurance 341,818
(286,000)
25. Operating expenses
61,739
41,047 597,879 298,668
3,486,235 377,432 2,005,786 41,035 10,420 384,813 198,731 732,710 60,498 68,634 458,810 515,856 836,816 22,581 748,637 173,940 78,919 706,965 3,284,418 25,764 43,648 15,261,981
IT expenses
File management
Postage and courier
Printing and stationery
Repairs and maintenance
Security 683,637
2,617,249 76,126 1,629 97,843 422,308
Staff welfare
Subscriptions and membership fees
Telephone and fax
Training 546,655 Travel 568,665
- 80,088 370,944
Non capitalised equipment
Electricity 755,808 Water 221,205
25,238
Recruitment costs
Internship programme
Lease rentals on operating lease Employee wellness
Other expenses
771,278
554,569 3,243,406 46,214 2,193 13,525,397
KZN FILM COMMISSION ANNUAL REPORT 2020/2021
91