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

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

- - - -

- - - -

- - - -

13 742 13 742 12 612 12 612

Later than 1 year and not later than 5 years

Later than 5 years

-

-

Total lease commitments

26 354 26 354

Most of the Government cars that were previously classified as finance lease, their contracts expired. Included in the finance lease commitment is cell-phone contract with MTN. 21.3 Operating lease future revenue

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

- - - -

-

2 158 5 615

- - - -

2 158 5 615

later than 1 year and not later than 5 years

--

Later than 5 years

- -

14 019 21 792

14 019 21 792

Total operating lease revenue receivable

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

- - - -

- - - -

2 351 7 111

- - - -

2 351 7 111

Later than 1 year and not later than 5 years

Later than 5 years

14 668 24 130

14 668 24 130

Total operating lease revenue receivable

The Department has lease agreement with various tenants for both commercial and residential state- owned properties. Reduction in the operating lease is due to expired lease term contract in the current year

217

DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT