HDA Annual Report

ANNUAL REPORT 2023/24

Statement of Changes in Net Assets

Accumulated surplus

Figures in R’000

Total

Balance as at 01 April 2022

170 961

170 961

System consolidation adjustments

235

235

Surplus for the period

99 353

99 353

Balance at 31 March 2023

270 549

270 549

Prior period errors - (Note 39) Prior period error adjustment

(225)

(225)

(7)

(7)

Restated balance at 31 March 2023

270 317

270 317

System consolidation adjustments

41

41

Surplus for the period

288

288

Balance at 31 March 2024

270 646

270 646

103