Entire Document - Chris Hani District Municipality

9. NON-CURRENT PROVISIONS
Non-current Provisions amounted R2 731 024 as at 30 June 2009 (30 June 2008: R2 597 771) and is made up as
follows:
Provision for Long-term Service 2 731 024
Total 2 731 024
R
These provisions are made in order to enable the municipality to be in a position to fulfil its known legal obligations
when they become due and payable.
Refer to Note 15 for more detail.
10. CURRENT LIABILITIES
Current Liabilities amounted R158 272 276 as at 30 June 2009 (30 June 2008: R173 953 676) and is made up as
follows:
Note
R
Provisions Note 9 5 938 709
Creditors Note 10 23 200 056
Unspent Conditional Grants and Receipts Note 11 128 151 274
Operating Lease Liabilities Note 12 7 873
Current Portion of Long-term Liabilities Note 13 974 365
Total 158 272 276
Non-current Liabilities are those liabilities of the municipality due and payable in the short-term (less than 12 months).
There is no known reason as to why the municipality will not be able to meet its obligations.
Refer to the indicated Notes for more detail.
11. PROPERTY, PLANT AND EQUIPMENT
The net value of Property, Plant and Equipment was R30 355 515 as at 30 June 2009 (30 June 2008: R22 721 984).
Refer to Note 6 and Appendices “B, C and E (2)” for more detail.
12. INTANGIBLE ASSETS
The net value of Intangible Assets were R190 as at 30 June 2009 (30 June 2008: R190).
These are assets which cannot physically be identified and verified and are in respect of computer software obtained
by the municipality in order to be able to fulfil its duties as far as service delivery is concerned.
Refer to Note 7 for more detail.
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