SMD

Annual Report 2023/2024

d)

Other material losses not recoverable and written off 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.

2.

LATE AND/OR NON-PAYMENT OF SUPPLIERS

Description

Number of invoices

Consolidated Value R’000

Valid invoices received Invoices paid within 30 days or agreed period

11652

73 369

Invoices paid after 30 days or agreed period

0

0

Invoices older than 30 days or agreed period (unpaid and without dispute)

0

0

Invoices older than 30 days or agreed period (unpaid and in dispute)

0

0

Include reasons for the late and or non-payment of invoices, including reasons that the invoices are in dispute, where applicable.

140

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