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

Receivables from exchange transactions (continued)

4.

Trade and other receivables impaired As of 31 March 2023, trade and other receivables of R502 840 (31 March 2022: R815 278) were impaired and provided for. The amount of the provision was R497 508 as of 31 March 2023 (31 March 2022: R687 734). The ageing of these loans is as follows: The ageing of amounts past due but not impaired is as follows: 30 days 15 405 111 863 60 days 1 971 31 442 90 days 998 - over 120 days 484 466 671 973 502 840 815 278

Trade receivables

Other receivables

Reconciliation of trade and other receivables - 31 March 2023

Total

Trade and other receivables not past due

383 700

227 231 731 640 389 917 (389 918) 958 870

610 931 731 640 502 840 (497 508) 1 347 903

Trade and other receivables past due but not impaired Trade and other receivables assessed for impairment

-

112 923

Provision for impairment

(107 590) 389 033

Trade receivables

Other receivables

Reconciliation of trade and other receivables - 31 March 2022

Total

Trade and other receivables not past due

32 612

299 021 847 011 607 179 (607 179) 1 146 032

331 633 847 011 815 278 (687 734) 1 306 188

Trade and other receivables past due but not impaired Trade and other receivables assessed for impairment

-

208 099 (80 555) 160 156

Provision for impairment

Reconciliation of provision for impairment of trade and other receivables Opening balance

(687 734) 190 226 (497 508)

(1 123 060) 435 326 (687 734)

Reversal of impairment

162