Page 291 - Department of Social Development Annual Report 2021

NOTES TO THE ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED

31 MARCH 2021

31.4 Minor assets

MOVEMENT IN MINOR ASSETS PER THE ASSET REGISTER FOR THE YEAR ENDED
31 MARCH 2021

Intangible Machinery Total
assets and

equipment

R’000 R’000 R’000

Opening balance 4 12 808 12 812
Value adjustments
Additions 3 1 163 1 166
Disposals - 547 547
TOTAL MINOR ASSETS 7 13 424 13 431

Machinery Total
and
equipment
Number of R1 minor assets 5 395 5 395
Number of minor assets at cost 7 070 7 070
TOTAL NUMBER OF MINOR ASSETS 12 465 12 465

Minor Capital Assets under investigation

Number Value
R’000
Included in the above total of the minor capital assets per the asset register
are assets that are under investigation:
Machinery and equipment 102 98

The disposals of assets were done late in the financial year and a proper reconciliation will be done.

DEPARTMENT OF SOCIAL DEVELOPMENT ANNUAL REPORT 2020/21 291