Department of Infrastructure Development Annual Report 2021-2022

NOTES TO THE ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

2. Departmental revenue

Note

2021/22

2020/21

R’000

R’000

Sales of goods and services other than capital assets

2.1

15 953

12 374

Interest, dividends and rent on land

2.2

35

503

Transactions in financial assets and liabilities

2.3

905

3 028

Total revenue collected

16 893

15 905

Less: Own revenue included in appropriation

19

Departmental revenue collected

16 893

15 905

The revenue collection increase from R15 million to R16 million is as a result of the sale of scrap furniture amounting to R2 million, as well as arrear rentals received from tenants on outstanding rentals from previous year.

2.1

Sales of goods and services other than capital assets

Note

2021/22

2020/21

2

R’000

R’000

Sales of goods and services produced by the department

13 936

12 374

Sales by market establishment

13 146

11 578

Administrative fees

-

-

Other sales

790

796

Sales of scrap, waste and other used current goods

2 017

-

Total

15 953

12 374

The increase in revenue is due to the sale of scrap furniture amounting to R2 million during the period under review.

2.2

Interest, dividends and rent on land

Note

2021/22

2020/21

2

R’000

R’000

Interest

35

503

Total

35

503

In the prior year, the interest was accumulated from the Trust account that was opened by the Conveyancer in transferring properties bought by the Department. In the current year, the balance relates to interest received on debtors’ accounts.

203

DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT