RTIA Annual Report E-Book

Road Traffic Infringement Agency Annual Financial Statements for the year ended 31 March 2024 __________________________________________________________________________________________________________________________________________________________ Statement of Comparison of Budget and Actual Amounts Budget on Accrual Basis Figures in Rand Approved Adjustments Final Budget Actual amounts Difference Reference budget on comparable between final basis budget and actual

Reconciliation Basis Difference

Impairment and reversal of statutory receivables Depreciation and amortisation on assets

3 246 653

(3 246 653)

N10

(8 162 015)

8 162 015

N10

Write-offs of property, plant and equipment

(32 163 )

32 163

N10

4 947 525

(4 947 525)

Net surplus as per statement of financial performance Net surplus as per statement of financial performance

7 809 014

(7 809 014)

7 809 014

(7 809 014)

Capital expenditure and Balance sheet

Total assets

23 509 510 199 632 000

- -

23 509 510 199 632 000

6 981 889

16 527 621 199 632 000

N3 N11

Approved surplus

-

118

Road Traffic Infringement Agency • Annual Report 2023/24