Page 171 - WCPP Annual Report 2021-22_Draft #7.6.2
P. 171
Annual Report for the 2021/22 Financial Year
Vote 2: Western Cape Provincial Parliament
Part E: Financial Information for the year ended 31 March 2022
Notes to the Annual Financial Statements
Figures in Rand 2022 2021
6. Receivables from exchange transactions (continued)
Gross amount of exchange receivables
Recoverable expenditure 14,260 6,785
Staff debt 68,473 37,928
Other debtors 27,900 150,329
110,633 195,042
Impairment of exchange receivables
Recoverable expenditure - -
Staff debt (9,844) -
Other debtors (27,218) -
(37,062) -
Net amount of exchange receivables
Recoverable expenditure 14,260 6,785
Staff debt 58,629 37,928
Other debtors 682 150,329
73,571 195,042
Recoverable expenditure
Disallowance miscellaneous 14,260 6,785
Staff debt
Salary overpayment 38,738 22,884
Staff debt 19,891 15,044
58,629 37,928
Other debtors
Ex members - 16,998
Political party telephone debt 682 7,904
Supplier overpayment - 86,547
VIP accident debt - 2,050
Legal costs reimbursement - 36,830
682 150,329
Receivables from exchange transactions pledged as security
No receivables from exchange transactions were pledged as security.
Credit quality of receivables from exchange transactions
The credit quality of receivables from exchange transactions are neither past nor due nor impaired.
Receivables from exchange transactions impaired
As of 31 March 2022, receivables from exchange transactions, staff debtors and other debtors, of R 37,062 (2021: R Nil) were
impaired and provided for.
The amount of the provision was R 37,062 as of 31 March 2022 (2021: R Nil).
Annual Report for 2021/22 Financial Year Page 156
