COGTA ANNUAL REPORT 2020

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

24.2 Movement for 2018/19 MOVEMENT IN TANGIBLE CAPITAL ASSETS PER ASSET REGISTER FOR THE YEAR ENDED 31 MARCH 2019

Opening balance

Prior period error

Additions

Disposals

Closing Balance

R’000

R’000

R’000

R’000

R’000

MACHINERY EQUIPMENT

AND

26 969

(250)

7 248

-

33 967

Transport assets

-

- - -

-

- - -

-

Computer equipment

20 023

1 141 2 891

21 164

Furniture equipment

and

office

5 274

8 165

Other

machinery

and

1 672

(250)

3 216

-

4 638

equipment

TOTAL MOVABLE TANGIBLE CAPITAL ASSETS

26 969

(250)

7 248

-

33 967

The change on the closing balance for the prior year and opening balance for the reporting is as result of the prior error of R250 000 is the once annual licence fee amount which was part of the under capital working in progress reported during the prior year.

24.2.1 Prior period error

2018/19

R’000

Nature of prior period error Relating to 2018/19 [affecting the opening balance]

(250) (250)

Relating to 2018/19

Total prior period errors

(250)

Prior year of R250 000 relates to annual licence fee expense which was captured as part of additions on machinery and equipment in the prior year under capital work in progress.

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 2019/20 168