DID ANNUAL REPORT 2022 23

Annual Report 2022-2023

GAUTENG DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT VOTE 15

NOTES TO THE ANNUAL FINANCIAL STATEMENTS for the year ended 31 March 2023

21. Lease commitments 21.1 Operating leases

2022/23

Buildings and other fixed structures

Specialised military equipment

Machinery and equipment

Land

Total

R’000

R’000

R’000

R’000

R’000

Not later than 1 year

- - - -

- - -

340 720

11 574 352 294

Later than 1 year and not later than 5 years

700 306 129 310 829 616

Later than 5 years

-

-

-

Total lease commitments

- 1 041 026 140 884 1 181 910

2021/22

Buildings and other fixed structures

Specialised military equipment

Machinery and equipment

Land

Total

R’000

R’000

R’000

R’000

R’000

Not later than 1 year

- - - -

- - - -

236 712 724 508 27 798 989 018

3 854 240 566 1 625 726 133

Later than 1 year and not later than 5 years

Later than 5 years

-

27 798

Total lease commitments

5 479 994 497

The Department is mandated to make provision for office accommodation and parking to all GPG Departments. Increase in machinery and equipment related to new 45 vehicles that were leased with g-Fleet.

21.2 Finance leases **

2022/23 TO: GAUTENG TREASURY 31 MAY 2023

Buildings and other fixed structures

Specialised military equipment

Machinery and equipment

Land

Total

R’000

R’000

R’000

R’000

R’000

Not later than 1 year

- - - -

- - - -

- - - -

13 352 13 352 3 104 3 104

Later than 1 year and not later than 5 years

Later than 5 years

-

-

Total lease commitments

16 456 16 456

Finance lease comprises cell phone contracts with a balance of R7 million and Government fleet services contract with a balance of R9,3 million.

216

DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT