Page 341 - Department of Social Development Annual Report 2021
P. 341

PART E: FINANCIAL INFORMATION

             REFUGEE RELIEF FUND

             Notes To The Financial Statements Of The Refugee Relief Fund For The Year Ended
             31 March 2021.


             5.1.5  Foreign exchange risk
                 The fund does not hedge foreign exchange fluctuations. The fund does not have any foreign account receivables,
                 foreign accounts payables or derivative market instruments.

             5.1.6  Price risk

                  Due to the nature and extent of the fund, there is no exposure to price risks.


                                                                                 2020/21           2019/20
                                                                                    R’000             R’000

              6.  Cash and Cash Equivalents
                   Cash - Bank Deposits                                                10                 9

                   Cash - Corporation for Public Deposits                             641               646
                   Total                                                              651               655


            The  credit  quality  of  cash  at  bank  and  short  term  deposits,  excluding  cash  on  hand  that  are  neither  past  due  nor
            impaired  can  be  assessed  by  reference  to  external  credit  ratings  (if  available)  or  historical  information  about
            counterparty default rates

                                                                                 2020/21           2019/20
                                                                                    R’000             R’000

              7.  Cash generated from/(utilized in) Operations

                   Surplus / (Deficit) before tax                                       (4)               15
                   (Interest received)                                                (25)              (44)
                   Net cash flow from operating activities                            (29)              (29)





































                                                           341         DEPARTMENT OF SOCIAL DEVELOPMENT  ANNUAL REPORT 2020/21
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