SMD

Annual Report 2023/2024

1.4. Additional disclosure relating to material losses in terms of PFMA (1999) Section 40(3)(b)(i) &(iii)) 20 a) Details of material losses through criminal conduct Material losses through criminal conduct 2023/2024 2022/2023 R’000 R’000 Theft - - Other material losses - - Less: Recoverable - - Less: Not recoverable and written off - -

Total

-

-

Include discussion here where deemed relevant. Not applicable to the DSBD.

b)

Details of other material losses

Nature of other material losses

2023/2024

2022/2023

R’000

R’000

(Group major categories, but list material items)

-

-

-

-

-

-

-

-

-

-

Total

-

-

Include discussion here where deemed relevant and criminal or disciplinary steps taken by the institution. Not applicable to the DSBD.

c)

Other material losses recoverable Nature of losses

2023/2024

2022/2023

R’000

R’000

(Group major categories, but list material items)

-

-

-

-

-

-

-

-

-

-

Total

-

-

Include discussion here where deemed relevant. Not applicable to the DSBD.

20 Information related to material losses must be disclosed in the annual financial statements.

Part E • PFMA COMPLIANCE REPORT • Department of Small Business Development

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