COGTA ANNUAL REPORT 2020

NOTES TO THE ANNUAL FINANCIAL STATEMENTS for the year ended 31 March 2020 • vote no. 7

19.2 Finance leases **

Specialised military equipment

Buildings and other fixed structures

Machinery and equipment

Land

Total

2019/20

R’000

R’000

R’000

R’000

R’000

Not later than 1 year

- -

- -

- -

5 623

5 623

Later than 1 year and not later than 5 years

-

-

Later than five years

- -

- -

-

-

-

Total lease commitments

- 5 623

5 623

Specialised military equipment

Buildings and other fixed structures

Machinery and equipment

Land

Total

2018/19

R’000

R’000

R’000

R’000

R’000

Not later than 1 year

- -

– –

– –

5 649 2 354

5 649 2 354

Later than 1 year and not later than 5 years

Later than five years

–

– –

– –

-

-

Total lease commitments

-

8 003

8 003

The reduced finance lease amount in 19/20 financial is attributed to the contract that comes to an end by end August 2020. The finance leases include mobile phones utilized by management and other qualifying officials. 20. Irregular expenditure 20.1 Reconciliation of irregular expenditure

2019/20

2018/19

R’000

R’000

Opening balance Prior period error As restated

5 968

5 577

5 968

5 577

Add: irregular expenditure-relating to prior year Add: Irregular expenditure – relating to current year

- - -

-

1 042 (651) 5 968

Less: Current year amounts condoned

Closing balance

5 968

G A U T E N G P R O V I N C I A L G O V E R N M E N T I C O- O P E R A T I V E G O V E R N A N C E A N D T R A D I T I O N A L A F F A I R S ANNUAL REPORT 2019/20 164