Page 19 - CON Boardpack July 20200708 Final_Neat

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NOVEMBER 2019 Balance SheetAY 2020 Balance Sheet
SAPPO
TOTAL ASSETS R 32 269 573

1. FIXED ASSETS R 12 816 020
1.1) Land & Buildings R 11 195 284
1.2) Motor Vehicles - CG R 383 705
1.3) Computer Equipment - CG R 147 915
1.4) Electrical Equipment - CG R 101 809
1.5) Furniture & Fittings - CG R 345 347
1.6) Business Development - Motors R 641 960

2. CURRENT ASSETS R 19 453 553
2.1) Investments R 7 264 289
2.2) Customer Control Account R 1 941 629
2.3) Absa Bank R 2 162 417
2.4) FNB Bank R 6 362 678
2.5) Petty Cash R 4 000
2.6) Payment Suspense Account R 1 665 843
2.7) FNB Credit Cards R 52 698

EQUITY & LIABILITIES R 32 269 573

4. RETAINED INCOME R 30 781 220
4.1) Retained Income R 20 061 324
4.2) Net Profit / Loss this Year R 1 705 139
4.3) Other reserves R 9 014 757

5. LONG TERM BORROWINGS R 857 853
5.1) VW Credit Vehicles R 511 072
5.2) Ford Credit Vehicles R 346 782

6. CURRENT LIABILITIES R 630 499
6.1) Leave Reserve R 344 346
6.2) Salary Control Account R 58 117
6.3) VAT Control Account R 169 458
6.4) Payment Suspense Account (R 4 000)
6.5) Other Short Term Liabilities R 62 578

JULY 2020 I Executive Board Meeting

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