Department of Infrastructure Development Annual Report 2021-2022

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

30. Immovable Tangible Capital Assets

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

Opening balance

Additions

Disposals

Closing Balance

R’000

R’000

R’000

R’000

BUILDINGS AND OTHER FIXED STRUCTURES

35 837 911

1 143 238

(4 360)

36 976 789

Dwellings

404 951

10 001

(4 360)

410 592

Non-residential buildings

34 265 737

1 133 237

-

35 398 974

Other fixed structures

1 167 223

-

-

1 167 223

HERITAGE ASSETS

Heritage assets

-

-

-

-

LAND AND SUBSOIL ASSETS

1 546 398

17 969

-

1 564 367

Land

1 546 398

17 969

-

1 564 367

Mineral and similar non-regenerative resources

-

-

-

-

TOTAL IMMOVABLE TANGIBLE CAPITAL ASSETS

37 384 309

1 161 207

(4 360)

38 541 156

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

Number

Value

R’000

Buildings and other fixed structures

10

20 685

Land and subsoil assets

25

38 327

The increase in immovable assets balance is attributable to PFMA Section 42 transfer from user departments. Deeds office information showed a change in ownership information. Investigation will be conducted to verify the accuracy of deeds information.

231

DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT