GDID ANNUAL REPORT 2024/25

GAUTENG DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT VOTE 15

NOTES TO THE ANNUAL FINANCIAL STATEMENTS

for the year ended 31 March 2025

29.1. MOVEMENT IN IMMOVABLE TANGIBLE CAPITAL ASSETS PER ASSET REGISTER FOR THE YEAR ENDED 31 MARCH 2024

2023/24

Prior period error R’000

Opening balance

Closing balance

Additions Disposals

R’000

R’000

R’000

R’000

BUILDINGS AND OTHER FIXED STRUCTURES 38,068,900 157,412 1,375,720

11,385 39,590,647 10,730 572,385 655 38,053,961

Dwellings

444,692 102,042

36,381

Non-residential buildings Other fixed structures

36,654,861

67,645 1,332,110

969,347 (12,275)

7,229

-

964,301

LAND AND SUBSOIL ASSETS

1,682,799 1,682,799

64,287 127,644 64,287 127,644

4,110 1,870,620 4,110 1,870,620

Land

TOTAL IMMOVABLE TANGIBLE CAPITAL ASSETS

39,751,699 221,699 1,503,364

15,495 41,461,267

29.1.1.

Prior period error

2024/25

Note

R’000

Nature of prior period error

Relating to prior years

156,875 40,069 116,806 64,824 64,824 221,699

Correction of property valuations

Correction of assets vesting

Relating to 2023/2024 Correction of assets vesting

The correction of prior period error relate to assets vesting period and valuations.

PART

197

DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT