CCMA ANNUAL REPORT

Commission for Conciliation, Mediation and Arbitration Annual Report 2022/23

Financial Statement for the year ended 31 March 2023

Notes to the Financial Statements

2022 Restated*

Figures in Rand

Note(s)

2023

3.

Inventories

Consumables Spare parts

2 548 419

2 173 386

139 846

333 522

2 688 265 2 506 908 Consumables consists of items such as toners, process manuals, COVID-19 related personal protective equipment and cleaning materials. During the financial year, inventory of R21 984 (2022: R712 676) was written off as obsolete or price write down. No inventory has been pledged as security.

4.

Receivables from exchange transactions

Trade debtors

496 624

240 711

Other receivables

1 348 787 (497 508) 1 347 903

1 753 211 (687 734) 1 306 188

Provision for impairment

Trade and other receivables not past due Trade and other receivables

610 931

331 633

Trade and other receivables past due but not impaired Trade and other receivables which are less than 1 month past due are not considered to be impaired. At 31 March 2023, R731 640 (31 March 2022: R847 011) were past due but not impaired.

The ageing of amounts past due but not impaired is as follows:

-

30 days 90 days

31 832

1 899

-

over 120 days

697 909 731 640

847 011 847 011

161