Economic Development Annual Report

Annual Report 2023/2024 Mpumalanga: Department of Economic Development and Tourism - Vote 6

Department of Economic Development & Tourism (Vote number 6)

Financial Statements for the year ended March 31, 2024 Notes to the Financial Statements

Figures in Rand thousand

Note(s) 2023/2024

2022/2023

24. Movable tangible capital assets Movement in movable tangible capital assets per asset register for the year ended March 31, 2024 Figures in Rand thousand Additions

Opening balance

Disposals

Closing balance

Machinery and equipment Transport assets Computer equipment Furniture and office equipment Other machinery and equipment

3,950 7,125 11,807 1,848 24,730

-

780

3,170 9,621 12,852 1,559 27,202

3,943 1,695

1,447

650 491

202

5,840

3,368

Included in the disposals above are two laptops written off, one laptop transferred to another department, four vehicles sold through auction while the rest were salvaged through Cooperatives. 24.1 Movement for 2022/2023 Movement in movable tangible capital assets per asset register for the year ended March 31, 2023 Figures in Rand thousand Additions Disposals

Opening balance

Closing balance

Machinery and equipment Transport assets Computer equipment Furniture and office equipment Other machinery and equipment

4,041 7,183 10,935 1,865 24,024

-

91

3,950 7,125 11,807 1,848 24,730

1,110 1,339

1,168

467

-

17

2,449

1,743

24.2 Minor assets Movement in minor capital assets per the asset register for the year ended as at March 31, 2024

Machinery and equipment

Total

Figures in Rand thousand

Opening balance

3,429

3,429

Additions Disposals

18

18

312

312

Total minor capital assets

3,135

3,135

Machinery and equipment

Total

Figures in Rand thousand

Number of R1 minor assets Number of minor assets at cost Total number of minor assets

19

19

1,445 1,464

1,445 1,464

77

279