Page 277 - Department of Social Development Annual Report 2021

NOTES TO THE ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED

31 MARCH 2021

12.4 Impairment of receivables

Note 2020/21 2019/20

R’000 R’000

Estimate of impairment of receivables 992 532 884 585

Total 992 532 884 585

13. VOTED FUNDS TO BE SURRENDERED TO THE REVENUE FUND

Note 2020/21 2019/20

R’000 R’000
Opening balance 125 384 15 228
Transfer from statement of financial performance 1 884 596 (15 008 404)
Add: Unauthorised expenditure for current year 9 - 15 133 788
Paid during the year (125 384) (15 228)
Closing balance 1 884 596 125 384

The increase in the saving is due to the saving of R1,6 billion on grants as well as in the
due to decrease in activities in the department.

14. DEPARTMENTAL REVENUE AND NRF RECEIPTS TO BE SURRENDERED TO THE

REVENUE FUND

Note 2020/21 2019/20

R’000 R’000
Opening balance 255 256 76 601
Transfer from Statement of Financial Performance 23 976 273 034
Paid during the year (274 762) (94 379)

Closing balance 4 470 255 256

Decrease in revenue collected is due to no grant debtors that was written off during the year under
review.

DEPARTMENT OF SOCIAL DEVELOPMENT ANNUAL REPORT 2020/21 277