Page 354 - Department of Social Development Annual Report 2021
P. 354
PART E: FINANCIAL INFORMATION
SOCIAL RELIEF FUND
Notes To The Financial Statements Of The Social Relief Fund For The Year Ended
31 March 2021.
2020/21
2020/21 2019/20
R’000
R’000 R’000
Net cash inflows/outflows from Operating Activities
Cash payments to suppliers and employees (27) (31)
Cash generated from/(utilized in) operations (27) (31)
Interest received 1 625 2 782
Net cash inflows/outflows from operating activities 1 598 2 751
10. Events after Balance Sheet Date
None identified to date.
2020/21 2019/20
R’000 R’000
11 Correction of Prior period error
It was identified in the current year that a prior year error
existed relating to the recognition of revenue. The error was
limited to the prior financial year
The comparative amount has been restated as follows: - -
- -
Other income: Interest income
Net effect on surplus/(deficit) for the year - -
Other payables: Amounts to be refunded - -
Net effect on Statement of Financial Position - -
Accumulated surplus closing balance - -
Net effect on Statement of changes in net assets
- -
354 DEPARTMENT OF SOCIAL DEVELOPMENT ANNUAL REPORT 2020/21
