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

19. Publications, printing and stationery

Publications and printing

266

928

Stationery

1 370

2 158

1 636

3 086

20. Other operating expenses

Agency support staff

2

66

Audit and risk committee fees

945

640

Bursaries

1 893 7 725

1 105

Communication and postage Conferences and venues

14 760

127

2 887

Derecognition of assets - Refer note 21

58 10

151 182

Entertainment and refreshments

Flowers

3 1

6

Insurance and courier services

12

Legal fees

-

2 685

Membership fees Resettlement costs Security and cleaning

178

289

78

96

1 760

2 227 1 088

Training

478 290 136

Translations and transcriptions

3

Uniforms

137

13 684

26 334

21. Derecognition of assets

Computer equipment: Laptops

47

- -

Computer software

6 5

Leasehold improvements

151

58

151

Computer equipment: Laptops Relates to three laptops which were stolen whilst in the possession of employees.

Computer software Software with a net book value of R6 thousand and an original cost of R747 thousand were derecognised as no future economic benefits or service potential were expected from its use.

Leasehold improvements Relates to derecognition of leasehold improvements due to expiry of the Johannesburg Stock Exchange lease.

26

COMPANIES AND INTELLECTUAL PROPERTY COMMISSION I Annual Report 2020/21

96