Page 72 - Playhouse Annual Report 2021:22

Annual Financial Statements for the year ended 31 March 2022 Notes to the Annual Financial Statements (continued)
5. CASH AND CASH EQUIVALENTS AT END OF YEAR
Cash available immediately
Investments – fixed deposits
Cash available in 30 days Cash available in 60 days Cash available in 90 days
Total
R274 966 and R30 360 are pledged as security for guarantees issued by FNB on behalf of The Playhouse Company for eThekwini Municipality and The Postmaster respectively.nThe guarantees will expire on 31 December 2025 and will not be renewed.
6. DEFERRED INCOME
Liabilities are raised for money received from conditional grants. The revenue from these grants are deferred until such time that the conditions of the grant have been met. The grant liability decreases as the grant deferred revenue is realised.
Grants - National Department of Sport, Arts and Culture Opening balance
Add : Amounts received
Less : Amounts utilised
Total
7. TRADE AND OTHER PAYABLES
Trade payables
Other payables and accruals Leave pay accrual
Bonus accrual
Total
8. SERVICES, FACILITIES AND EQUIPMENT
Hire of performance venues, costumes, sets, and mobile stage Box office income
Rent received
Functions
Box office commission – external productions Gains on sale of assets
Sundry revenue – admin, computicket commission
Total
9. GRANTS
National Department of Sport, Arts and Culture (DSAC) Special Capital Expenditure Grant – (DSAC)
KZN Department of Sport, Arts and Culture
eThekwini Municipality
Total
RR
March
March
2022
2021
31 266 637
60 629 182 3 000 000 3 000 000
54 629 182
91 895 819
28 926 079 58 638 650
87 564 729
- 13 661 084 44 977 566
30 666 213 12 695 160 (3 670 107)
39 691 266
964 999 1 829 742 3 290 943
951 548
7 037 231
495 559 842 550 45 246 27 860 - 11 500 8 680
1 431 395
53 866 000 3 670 107 8 574 000
-
20 982 905 10 512 000 (828 693)
30 666 213
1 1 3
7
961 819 447 471 209 736 930 671
549 697
19 634 13 725 24 505 17 800
1 235 - 56 910
49 5
133 809
634 000 328 693 944 000 500 000
66 110 107
56 406 693
70 The Playhouse Company