Page 173 - WCPP Annual Report 2021-22_Draft #7.6.2
P. 173
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
9. Long term receivables from exchange transactions
Staff debtors 9,329 10,415
Impairment provision - -
9,329 10,415
Gross amount of exchange receivables
Staff debtors 9,329 10,415
Impairment of exchange receivables
Staff debtors - -
Net amount of exchange receivables
Staff debtors 9,329 10,415
Staff Debtors
Salary overpayments - 89
Staff debt 9,329 10,326
9,329 10,415
Receivables fromexchange transactions pledged as security:
No receivables from exchange transactions were pledged as security.
Credit quality of receivables from exchange transactions:
The credit quality of other 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 of R Nil (2021: R Nil) were impaired and provided for.
The amount of the provision was R Nil as of 31 March 2022 (2021:R Nil).
The long term receivables from exchange transactions relates to the same receivables under note 6 and consists of staff debt.
The long term portion is determined based on repayment arrangements that are in place between the staff and the legislature.
Annual Report for 2021/22 Financial Year Page 158
