SMD

Annual Report 2023/2024

Annual Financial Statements for the year ended 31 March 2024

Notes to the Annual Financial Statements

5.1.

Minor assets

Note

2023/24

2022/23

R’000

R’000

Tangible capital assets

26

124

Machinery and equipment

26

124

Total

5

26

124

Blue lights for Ministerial vehicles, Wi-Fi for DM’s official house and departmental kitchen appliances.

5.2.

Computer services

Note

2023/24

2022/23

R’000

R’000

SITA computer services

1 768

3 543

External computer service providers

2 608

1 794

Total

5

4 376

5 337

Transversal system support, electronic document delivery system, helpdesk & internet service charges as well as Microsoft services.

5.3.

Audit cost - external

Note

2023/24

2022/23

R’000

R’000

Regularity audits

3 419

3 321

Investigations

-

86

Total

5

3 419

3 407

2022/23 Regulatory audit by AGSA.

5.4.

Inventories

Note

2023/24

2022/23

R’000

R’000

Other supplies

5.4.1

57 474

29 743

Total

5

57 474

29 743

Equipment procured for redistribution to IMEDP beneficiaries.

Department of Small Business Development • FINANANCIAL INFORMATION • Part F

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