RTIA Annual Report E-Book

Road Traffic Infringement Agency Annual Financial Statements for the year ended 31 March 2024 __________________________________________________________________________________________________________________________________________________________ Notes to the Annual Financial Statements Figures in Rand Note(s) 2024 2023

3. Cash and cash equivalents Cash and cash equivalents consist of:

Bank balance - operational account Bank balance - salaries account

108 402 942

156 581 627

242 002

234 966

108 644 944

156 816 593

4. Receivables from exchange transactions

Cash and cash equivalents consist of:

AARTO statutory receivables Impairment of receivables

27 809 082 (4 160 529) 23 648 553

23 413 409 (7 407 182) 16 006 227 1 558 546

AARTO Receivables from exchange transactions

Deposits

1 558 546 114 803 282 458 8 162 881 443 403

Sundry receivables

492 139 18 700 8 311 302 450 089

Reclassified payables into receivables

Suspense - AARTO deposits

Staff receivables

Prepayments

67 844

532 112

34 278 488

27 369 115

The net AARTO receivables for the current year is R12 971 259.

145

Road Traffic Infringement Agency • Annual Report 2023/24