FASSET ANNUAL REPORT

Annual Financial Statements for the year ended 31 March 2021

Statement of Financial Position as at 31 March 2021

Note(s)

2021 R ‘000

2020 Restated* R ‘000

Assets

Current Assets Inventories

130 276

125 299

Receivables from exchange transactions Receivables from non-exchange transactions

3 4 5

20 762 851 432 872 600

27 186 787 582 815 192

Cash and cash equivalents Total current assets

Non-Current Assets Property, plant and equipment

6 7

3 879 1 256 5 135

4 685

Intangible assets

275

Total non-current assets

4 960

Total Assets

877 735

820 152

Liabilities

Current Liabilities Operating lease liability

8 9

667

580

Payables from exchange transactions Payables from non-exchange transactions

6 652

2 350

10 11

65 570 175 354 248 243 248 243 629 492

94 078 43 373

Provisions

Total current liabilities

140 381 140 381 679 771

Total Liabilities

Net Assets

Reserves Administration reserve Mandatory reserve Discretionary reserve

5 135

4 960 1 288

561

623 796 629 492

673 523 679 771

Net Assets

FASSET Annual Integrated Report 2020/21

89