Page 323 - Department of Social Development Annual Report 2021
P. 323

PART E: FINANCIAL INFORMATION

            DISASTER RELIEF FUND

             Statement of Changes in Net assets as at
             31 March 2021


                                                                                          Accumulated funds
                                                                                                                                                                                 R’000


              Balance as at 31 March 2019                                                                                                                95 064
              Surplus for the year
                                                                                                      5 046
              Balance as at 31 March 2020                                                                                                                 100 110
              Surplus (Deficit)for the year
                                                                                                    (70 886)
              Balance as at 31 March 2021                                                                                                                 29 224


             Cash Flow Statement
             31 March 2021


                                                                 Notes           2020/21           2019/20
                                                                                    R’000             R’000
              CASH FLOWS FROM OPERATING ACTIVITIES


              Payments to suppliers and other                                    (69 701)            (1 675)
              Cash generated from operations                      12             (69 701)            (1 675)
              Interest income                                      2                1 182             6 603


              Net cash inflow from operating activities                           (68 519)             4 928



              CASH FLOWS FROM INVESTING ACTIVITIES
                                                                                        -                 -
              Net cash inflows from investing activities                                 -                 -




              CASH FLOWS FROM FINANCING ACTIVITIES
                                                                                        -                 -
              Net cash inflows from financing activities                                  -                 -



              Net increase in cash and cash equivalents                          (68 519)             4 982
              Cash and cash equivalent at beginning of the year                    99 992            95 064
              Cash and cash equivalent at end of the year  10                     31 473             99 992

















         DEPARTMENT OF SOCIAL DEVELOPMENT  ANNUAL REPORT 2020/21  323
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