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

6.

Property, plant and equipment

2023

2022

Carrying value

Carrying value

Cost / Valuation

Accumulated depreciation and accumulated impairment

Cost / Valuation

Accumulated depreciation and accumulated impairment

Office Furniture Motor Vehicles Office Equipment

4 289 921 9 607 681 1 222 376 7 156 814

(3 179 362) (3 410 756) (889 666) (4 780 418) (650 566)

1 110 559 6 196 925

3 979 154 7 802 195 1 054 335 5 149 861

(2 948 117) (2 954 291) (787 591) (4 313 855) (420 270)

1 031 037 4 847 904

332 710

266 744 836 006 496 166

IT Equipment Leased Assets

2 376 396

960 084

309 518

916 436

Total

23 236 876 (12 910 768)

10 326 108 18 901 981 (11 424 124)

7 477 857

Reconciliation of property, plant and equipment - 2023 Opening balance Additions

Disposals

Depreciation

Total

Office Furniture Motor Vehicles Office Equipment

1 031 037 4 847 904

310 767

- -

(231 245) (456 465) (105 190) (466 563) (236 289)

1 110 559 6 196 925

1 805 486

266 744 836 006 496 166

175 228

(4 072)

332 710

IT Equipment Leased Assets

2 006 953

-

2 376 396

61 624

(11 983) (16 055)

309 518

7 477 857

4 360 058

(1 495 752)

10 326 108

Reconciliation of property, plant and equipment - 2022 Opening balance Additions

Disposals Depreciation

Total

Office Furniture Motor Vehicles Office Equipment

1 096 833 5 101 885

171 865

- -

(237 661) (253 981) (125 461) (308 837) (280 801)

1 031 037 4 847 904

-

381 131 661 177 598 535

29 675 510 791 179 731 892 062

(18 601) (27 125) (1 299) (47 025)

266 744 836 006 496 166

IT Equipment Leased Assets

7 839 561

(1 206 741)

7 477 857

Assets subject to finance lease (Net carrying amount)

Leased Assets

309 518

496 166

192