DID ANNUAL REPORT 2023_24

Annual Report 2023-2024

GAUTENG DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT VOTE 15

NOTES TO THE ANNUAL FINANCIAL STATEMENTS for the year ended 31 March 2024

25. Key management personnel

2023/24

2022/23

Note

R’000

R’000

2 162

2 043

Political office bearers (provide detail below)

Officials:

-

-

Level 15 to 16

11 068 19 876

10 728 20 591

Level 14 (incl CFO if at lower level)

Level 13 Officials:

2 510

1 914

-

Total

35 616

35 276

Increase in key management personnel is in line with annual salary increase for government officials. 26. Provisions

2023/24

2022/23

Note

R’000

R’000

Project retention

5 913

4 903

Litigations provisions

14 191 20 104

-

Total

4 903

Retention relates to capital projects of which upon completion of these projects, these amounts will be released. A significant increase on provisions is because of litigations that are classified as provisions as possibilities of succeeding in the court room are minimal.

26.1 Reconciliation of movement in provisions - Current year

2023/24

Provision 1

Provision 2

Provision 3

Total provisions

R’000

R’000

R’000

R’000

Opening balance Increase in provision Closing balance

- - -

4 903

- - -

4 903

15 201 20 104

15 201 20 104

Reconciliation of movement in provisions - Prior year

2022/23

Provision 1

Provision 2

Provision 3

Total provisions

R’000

R’000

R’000

R’000

Opening balance Increase in provision Closing balance

- - -

4 533

- - -

4 533

370

370

4 903

4 903

208

DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT