RTIA Annual Report E-Book

Road Traffic Infringement Agency Annual Financial Statements for the year ended 31 March 2024 - General Information ________________________________________________________________________

Road Traffic Infringement Agency Annual Financial Statements for the year ended 31 March 2024

________________________________________________________________________ Index The reports and statements set out below comprise the annual financial statements presented to the parliament:

Country of incorporation and domicile Nature of business and principal activities

South Africa

Adjudication of road traffic infringements

Members

MLB Moloi BM Ramokhele Adv. NN January

Page

4

Accounting Authority’s Responsibilities and Approval

Mr SJ Keswa Dr D Khosa

5

Statement of Financial Position

Dr MJ Mashinini Adv. S Mzinyathi Adv. MLT Bilikwana Waterfall Edge B Howick Close Waterfall Office Park Midrand 1685

6

Statement of Financial Performance

7

Statement of Changes in Net Assets

Registered office

8

Statement of Cash Flows

9 - 10

Statement of Comparison of Budget and Actual Amounts

11 - 27

Significant Accounting Policies

Controlling entity

Department of Transport Standard Bank South Africa

28 - 43

Notes to the Annual Financial Statements

Bankers

Auditors

Auditor General of South Africa Registered Auditors

Secretary

Adv. MLT Bilikwana

100

Road Traffic Infringement Agency • Annual Report 2023/24