CIPC Annual Report V1

Companies and Intellectual Property Commission Annual Financial Statements for the year ended 31 March 2021 Statement of Financial Position as at 31 March 2021

2021

2020

Notes

R '000

R '000

Assets

Current Assets Consumables on hand Operating lease asset

- -

86

9 3 4 5

285

Receivables from exchange transactions

1 526

1 756

Prepayments

16 757 662 134

13 208 595 496

Cash and cash equivalents

680 417

610 831

Non-Current Assets Property, plant and equipment

6 7 4

27 424 31 741

28 739 26 725

Intangible assets

Prepayments

8 049

9 250

67 214

64 714

Total Assets

747 631

675 545

Liabilities

Current Liabilities Operating lease liability

9

12

8

Payables from exchange transactions Payables from customer deposits received

10 11 12

26 693 121 374 48 804

15 549 115 650 41 143

Provisions

196 883

172 350

Non-Current Liabilities Operating lease liability

9

111

66

Total Liabilities

196 994

172 416

Net Assets

550 637

503 129

Accumulated surplus

550 637

503 129

4

COMPANIES AND INTELLECTUAL PROPERTY COMMISSION I Annual Report 2020/21

74