SACAA Annual Report 2022_23

S

Annual Financial Statements for the year ended 31 March 2023

R

A

Y

E

Notes to the Annual Financial Statements

2023

2022

5. Receivables from exchange transactions Prepayments

14 442 926 7 739 538 1 877 961

10 578 067 7 497 342 1 877 961

Security deposits* Rental deposits Staff advances Other receivables

257 222 75 500

168 297 113 220

24 393 147 20 234 887 *Security deposits relates to funds that was paid to attorneys’ interest bearing trust accounts as security for two CCMA arbitration awards that were issued against SACAA, which are under review at the Labour Court (Refer to note 24 on contingencies). Receivables from exchange transactions are carried at cost, which normally approximates their fair value due to the short-term maturity thereof. As at the end of the year, the other receivables ageing were as follows: Over 90 days 75 500 113 220 Receivables past due but not impaired On 31 March 2023, other receivables of R75 500 (2022: R113 220) were past due but not impaired. The ageing of amounts past due but not impaired is as follows: Older than three months past due 75 500 113 220 None of the receivables from exchange transactions have been impaired.

6. Consumable stores ID licence card consumables

591 269

512 173

Annual Financial Statements I Annual Report 2022/23 I 203