COGTA ANNUAL REPORT 2020

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

24. Movable Tangible Capital Assets

Movement in Movable Tangible Capital Assets per asset register for the year ended 31 march 2020 Opening balance Value adjustments Additions Disposals Closing Balance

R’000

R’000

R’000

R’000

MACHINERY AND EQUIPMENT

33 967

- - - - -

2 922

- - - - -

36 889

Transport assets

-

926 900 548 548

926

Computer equipment

21 164

22 064

Furniture and office equipment Other machinery and equipment

8 165 4 638

8 713 5 186

TOTAL MOVABLE TANGIBLE CAPITAL ASSETS

33 967

-

2 922

-

36 889

Movable Tangible Capital Assets under investigation 2019/2020

Value

Number

R’000 Included in the above total of the movable tangible capital assets per the asset register are assets that are

under investigation: Computer equipment Furniture and Fittings

125

2 106

17 16 23

125 217 263

Office Equipment Other machinery

TOTAL

181

2 711

Assets under investigations include assets mostly assets salvaged from the Bank of Lisbon building. The investigation was concluded in in February 2020, however an opinion of a third party was requested which opinion was produced into a report in May 2020. As a result, there no substantial change in assets under investigations except those which were recovered during passements and verifications.

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 2019/20 166