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

25. Operating expenses

Advertising

161 923 21 984

167 358 712 676

Inventory write off

Repairs and maintenance

2 994 810 2 354 309 7 408 864

3 345 907

Legal fees

901 613

Other operating expenses

5 148 380

Pot plants

42 264

72 682

Travel and Accommodation Expenses - Local Travel and Accommodation Expenses - International

5 757 212

2 227 346

431 705

-

19 173 071

12 575 962

26. Case disbursement expenses Part time commissioner

209 041 754 162 656 886

Travel and accommodation

13 771 858 3 614 902 4 104 723

11 041 641 2 600 827 4 622 028

Venue hire Sherrif fees

Other related costs

189 226 363 023 230 722 463 181 284 405

27. Cash generated from operations Surplus

6 484 122

40 266 051

Adjustments for: Depreciation and amortisation Loss on disposal of assets Loss (gain) on foreign exchange

28 740 255 296 711 823 968 21 984 129 867 (328 250) (1 771 156) 847 638 (190 226) (203 341) 18 643 438 786 (6 942 183) 28 366 818

27 103 263 1 136 211 (581 476)

Inventory write off

712 676 61 840 (39 393)

Debt write off

Donations

Movement in provisions (Relating to employees) Movement in provisions (Relating to suppliers)

15 508 892

3 124

Reversal of impairment

(435 326)

Changes in working capital: Inventories

(578 403)

Receivables from exchange transactions

112 944

Prepayments

(1 402 081) 20 787 596 102 655 918

Payables from exchange transactions

175