CGE ANNUAL REPORT

2022/23 ANNUAL REPORT

Financial Statements for the year ended 31 March 2023

Notes to the Financial Statements for the year ended 31 March 2023

Figures in Rand

2023

2022

2.

Inventories

Consumable stores

72 603

55 819

3.

Receivables from exchange transactions

Software Subscriptions Prepaid

926 313 61 000 22 128

629 701 289 824

GCIS Media Slots Prepaid

Deposits and Rental paid in advance

-

1 009 441

919 525

Non-current assets

-

29 573 889 952 919 525

Current assets

1 009 441 1 009 441

Trade and other receivables past due but not impaired

Trade and other receivables which are less than 3 months past due are not considered for impairement. All receivables were less than 30 days due as at 31 March 2023. 4. Receivables from non-exchange transactions

Government grants and subsidies

8 394 000

-

Staff debtors Cash Advance

78 152 221 018

84 738 136 782 (20 468) 201 052

Provision for doubtful debts

-

8 693 170

Statutory receivables included in receivables from non-exchange transactions above are as follows: DWYPD-Government grants and subsidies Receivables 8 394 000 - Financial asset receivables included in receivables from non exchange transactions above 299 170 201 052

Total receivables from non-exchange transactions

8 693 170

201 052

Receivables from non-exchange transactions past due but not impaired Other receivables from non-exchange transactions which are less than 3 months past due are not considered to be impaired. At 31 March 2023, receivables from non-exchange transactions of R32 616 (2022: 181 398) were past due but not impaired since the recoverability of the debt is collectable on a monthly basis and its collectivity is considered as secured.

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