HDA Annual Report

ANNUAL REPORT 2023/24

Notes to the Annual Financial Statements

Restated 2023

Figures in R’000

2024

13. Revenue from exchange transactions

Project management fees

52 399 52 399

50 874 50 874

Buffalo City Municipality

1 577

478

Eastern Cape Provincial Government Free State Provincial Government Gauteng Provincial Government

31 184

24 673

2 691 6 158

4 176 2 519

Gauteng PHDA

-

540

Gauteng: Sanitation KwaZulu-Natal Floods

8 883 1 906

17 215

623 156 494

Limpopo Provincial Government Northern Cape Provincial Government

- -

52 399

50 874

Management fees are earned as per agreements signed between the HDA and relevant organs of state.

14. Fund management fees

Fund management fees

2 494 2 494

4 067 4 067

Fund management fees are earned as per agreements signed between the HDA and Eastern Cape Provincial Government.

15. Interest income

Interest earned on operational grant Interest received-provincial bank accounts

24 172

11 351

12

136

24 184

11 487

This is interest earned mainly on the Operational grant received from National Department of Human Settlements that was invested to the money market call and call account.

16. Other income

Rental Income Incidental income Owned properties Other recoveries

1 634 1 855 6 359 9 848

1 418 2 029 1 884 5 331

Incidental income from the properties owned by the agency’s stakeholders and the remaining rental income is from the properties owned by the agency.

135