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 (continued) Movement in minor capital assets per the asset register for the year ended as at March 31, 2023

Total

Other machinery and equipment

Figures in Rand thousand

Opening balance

3,527

3,527

Additions Disposals

158 256

158 256

Total minor capital assets

3,429

3,429

Other machinery and equipment

Total

Figures in Rand thousand

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

20

20

1,581 1,601

1,581 1,601

24.3 Movable tangible capital assets written off Movable capital assets written off for the year ended as at March 31, 2024

Machinery and equipment

Total

Figures in Rand thousand

Assets written off

42

42

Two laptops that were stolen. Approval was granted to remove them from the asset register. 25. Immovable Tangible Capital Assets 25.1 Capital Work-in-progress Capital Work-in-progress as at March 31, 2024

Figures in Rand thousand

Note

Opening

Current Year WIP

Closing

balance April 1, 2023

balance March 31, 2024

Buildings and other fixed structures

2,076,889

2,496,944

420,055

Capital Work-in-progress as at March 31, 2023 Figures in Rand thousand

Note

Opening

Current Year WIP

Closing

balance April 1, 2022

balance March 31, 2023

Buildings and other fixed structures

1,548,153

2,076,889

528,736

78

280