DID ANNUAL REPORT 2023_24

Annual Report 2023-2024

GAUTENG DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT VOTE 15

29. Immovable Tangible Capital Assets (continued) NOTES TO THE ANNUAL FINANCIAL STATEMENTS for the year ended 31 March 2024

Immovable Tangible Capital Assets under investigation

Number

Value R’000

Note

Included in the above total of the immovable tangible capital assets per the asset register that are under investigation: Buildings and other fixed structures

85 59

22 707

Land and subsoil assets

4 277

144

26 984

Total

Deeds information showed a change in ownership of the assets. Investigation will be conducted to verify the accuracy of deeds information. Market values could not be found for some of the assets. Various Municipalities have been engaged to ensure valuation of these assets. 29.1 M OVEMENT IN IMMOVABLE TANGIBLE CAPITAL ASSETS PER ASSET REGISTER FOR THE YEAR ENDED 31 MARCH 2023

2022/23

Prior period error R’000

Opening balance

Closing balance

Additions Disposals

R’000 R’000 BUILDINGS AND OTHER FIXED STRUCTURES 38 177 522 -485 456 480 829 130 995 38 068 900 Dwellings 437 002 -8 290 25 784 9 804 444 692 Non-residential buildings 36 514 892 -187 326 445 829 118 534 36 654 861 Other fixed structures 1 225 628 -262 840 9 216 2 657 969 347 R’000 R’000

LAND AND SUBSOIL ASSETS

1 694 349 -81 069 71 124 1 694 349 -81 069 71 124

1 605 1 682 799 1 605 1 682 799

Land

TOTAL IMMOVABLE TANGIBLE CAPITAL ASSETS 39 871 871 -539 525 551 953 132 600 39 751 699

218

DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT