Department of Infrastructure Development Annual Report 2021-2022

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

26.1

Reconciliation of movement in provisions – 2021/22

Provision 1

Provision 2

Provision 3

Total provisions

R’000

R’000

R’000

R’000

Opening balance

-

3 446

-

3 446

Increase in provision

-

1 087

-

1 087

Settlement of provision

-

-

-

-

Change in provision due to change in estimation of inputs

-

-

-

-

Closing balance

-

4 533

4 533

Reconciliation of movement in provisions – 2020/21

Provision 1

Provision 2

Total provisions

R’000

R’000

R’000

Opening balance

13 901

1 755

15 656

Increase in provision

-

2 692

2 692

Settlement of provision

(13 780)

(1 001)

(14 781)

Unused amount reversed

(121)

-

(121)

Closing balance

-

3 446

3 446

27. Non-adjusting events after reporting date

2021/22

Nature of event

R’000

On the 30th of May 2022 fire broke out at Steve Biko Academic Hospital in Pretoria resulting in damage to the temporary storage area for Covid-19 medical waste and an in-transit corpse area. An estimate of the financial effect can not be made. On the 5th of July 2022 fire broke out at Charlotte Maxeke in Johannesburg resulting in damage to the hospital parking bay. An estimate of the financial effect can not be made.

Total

-

226

DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT