CIPC Annual Report V1

Companies and Intellectual Property Commission Annual Financial Statements for the year ended 31 March 2021 Notes to the Annual Financial Statements

2021

2020

R '000

R '000

15. Consulting and professional fees

Specialist information technology consultants, licences and services

56 300 12 257

58 140 10 497

Management consultants

68 557

68 637

16. Depreciation and amortisation

Computer equipment

9 862

11 011

Office furniture and equipment Leasehold Improvements Amortisation of intangible assets

990

1 005

92

432

9 412

10 743

20 356

23 191

17. Employee costs

Salary

269 771 26 574 11 846 12 246 13 795 20 508

258 209 25 323 12 093 12 027 18 331 10 451

Pension contributions Medical contributions

Service bonus

Performance bonus

Other benefits

SDL

2 082 1 771

2 990

Group life cover

734

Overtime and production allowances

153

2 830 1 409

Long-service bonus Lumpsum settlement

1 797

-

173

Internships

8 700

3 560

369 243

348 130

18. Operating lease charges

Motor vehicles

271

289

Offsite storage facility

10 506 21 740

10 504 17 448

Premises Equipment

1 032

965

33 549

29 206

25

COMPANIES AND INTELLECTUAL PROPERTY COMMISSION I Annual Report 2020/21

95