Department of Infrastructure Development Annual Report 2021-2022

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

28. Movable Tangible Capital Assets

MOVEMENT IN MOVABLE TANGIBLE CAPITAL ASSETS PER ASSET REGISTER FOR THE YEAR ENDED 31 MARCH 2022

Value adjustments

Opening balance

Additions

Disposals

Closing Balance

R’000

R’000

R’000

R’000

R’000

MACHINERY AND EQUIPMENT

126 029

-

12 794

-

138 824

Transport assets

2 055

-

-

-

2 055

Computer equipment

56 530

-

5 481

-

62 011

Furniture and office equipment Other machinery and equipment

28 474

-

1 789

-

30 263

38 970

-

5 525

-

44 495

TOTAL MOVABLE TANGIBLE CAPITAL ASSETS

126 029

-

12 794

-

138 824

Included in the above total of the movable tangible capital assets per the asset register are assets that are under investigation.

Number

Value

R’000

Machinery and equipment

2 802

48 605

The increase in the balance of Movable assets is due to the additional assets (laptops and workshop equipment) acquired in the 2021-22 financial year. Unverified capital assets are as a result of unauthorised movement; however, measures are devised to mitigate the risk. Unverified assets will be further investigated when the verification process for the new financial year commences.

227

DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT