Page 19 - SAPPO Boardpack l 13 May 2020

MAR
NOVEMBER 2019 Balance SheetCH 2020 Balance Sheet
MAR
NOVEMBER 2019 Balance SheetCH 2020 Balance Sheet
SAPPO
SAPPO
TOTAL ASSETS R 35 075 181
TOTAL ASSETS R 35 075 181
1. FIXED ASSETS R 13 076 006
1. FIXED ASSETS R 13 076 006
1.1) Land & Buildings
1.1) Land & Buildings R 11 234 360
1.2) Motor Vehicles - CG R 11 234 360
1.2) Motor Vehicles - CG R 481 623
1.3) Computer Equipment - CG R 481 623
1.3) Computer Equipment - CG R 142 415
1.4) Electrical Equipment - CG R 142 415
1.4) Electrical Equipment - CG R 106 837
1.5) Furniture & Fittings - CG R 106 837
1.5) Furniture & Fittings - CG R 367 411
1.6) Business Development - Motors R 367 411
1.6) Business Development - Motors R 743 360
R 743 360
2. CURRENT ASSETS R 14 714 643

2. CURRENT ASSETS R 14 714 643
2.1) Absa Bank R 2 180 892
2.1) Absa Bank R 2 180 892
2.2) FNB Bank R 8 261 829
2.2) FNB Bank R 8 261 829
2.3) Customer Control Account R 4 194 091
2.3) Customer Control Account R 4 194 091
2.4) Petty Cash R 4 000
2.4) Petty Cash R 4 000
2.5) FNB Credit Cards (R 110 147)
2.5) FNB Credit Cards (R 110 147)
2.6) Payment Suspense Account R 8 000
2.6) Payment Suspense Account R 8 000
2.7) Other Current Assets R 175 978
R 175 978
2.7) Other Current Assets
R 7 284 532
3. INVESTMENTS - Momentum
3. INVESTMENTS - Momentum R 7 284 532
3.1) FNB Call Account R 1 154 617
3.1) FNB Call Account R 1 154 617
R 2 978 484
3.2) ABSA Call Account R 2 978 484
3.2) ABSA Call Account
R 3 151 431
3.3) Momentum Investments R 3 151 431
3.3) Momentum Investments
R 35 075 181
EQUITY & LIABILITIES
EQUITY & LIABILITIES R 35 075 181
4. RETAINED INCOME
R 23 839 622
4. RETAINED INCOME R 23 839 622
R 22 716 791
4.1) Retained Income R 22 716 791
4.1) Retained Income
R 1 122 831
4.2) Net Profit / Loss this Year R 1 122 831
4.2) Net Profit / Loss this Year
5. LONG TERM BORROWINGS R 9 981 775
R 9 981 775
5. LONG TERM BORROWINGS
R 9 014 757
5.1) Other Reserves R 9 014 757
5.1) Other Reserves
5.2) VW Credit Vehicles R 375 382
R 375 382
5.2) VW Credit Vehicles
5.3) Ford Credit Vehicles R 591 636
R 591 636
5.3) Ford Credit Vehicles
6. CURRENT LIABILITIES R 1 253 784
R 1 253 784
6. CURRENT LIABILITIES
6.1) Leave Reserve R 344 346
R 344 346
6.1) Leave Reserve
R 45 613
6.2) Salary Control Account R 45 613
6.2) Salary Control Account
6.3) VAT Control Account R 863 825
R 863 825
6.3) VAT Control Account

MAY 2020 I Executive Board Meeting
MAY 2020 I Executive Board Meeting

19