Page 17 - CON Boardpack FEBRUARY 2020 FINAL (v5) P1 - 75_Neat

NOVEMBER 2019 Balance SheetBalance Sheet
2019
SAPPO
TOTAL ASSETS R 34 304 960

1. FIXED ASSETS BUDGET R 14 049 641
1.1) Land & Buildings R 11 527 430
1.2) Motor Vehicles - CG R 791 487
1.3) Computer Equipment - CG R 182 376
1.4) Electrical Equipment - CG R 129 379
1.5) Business Development - Motors R 1 453 787
1.6) Furniture & Fittings - CG R 525 507
1.7) Business Development - All Assets (R 560 325)

2. CURRENT ASSETS R 17 103 888
2.1) Absa Bank R 4 950 605
2.2) FNB Bank R 2 794 724
2.3) Customer Control Account R 7 447 833
2.4) Expenses Paid in Advance R 1 679 832
2.5) Petty Cash R 4 000
2.6) FNB Credit Cards R 16 098
2.7) VAT Control Account R 159 390
2.8) Receipt/ Credit Card Suspense Account R 51 407

3. INVESTMENTS - Momentum R 3 151 431

EQUITY & LIABILITIES R 34 304 960
4. RETAINED INCOME R 19 449 981
4.1) Retained Income R 19 216 984
4.2) Net Profit / Loss this Year R 232 997
5. LONG TERM BORROWINGS R 13 733 108
5.1) Disaster Fund R 958 333
5.1) RMLA: Retained Income R 2 655 467
5.1) Other Reserves R 8 458 040
5.1) Reserve: Rental Of Building R 556 717
5.1) Ford Credit Vehicles R 707 448
5.1) Wesbank Volkswagen Tigua R 397 103
6. CURRENT LIABILITIES R 1 121 871
6.1) Leave Reserve R 344 346
6.2) Workmens Compensation R 37 977
6.3) Expenses in Arrear R 112 833
6.4) VAT: RMLA R 626 715

FEBRUARY 2020 I Executive Board Meeting

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