housing - National Housing Finance Corporation

More documents

Recommendations

Info

NOTES TO THE ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2006 CONTINUED Group Company 2006 R’000 2005 R’000 2006 R’000 2005 R’000 7. INVESTMENT IN A CELL CAPTIVE Ulisted investments Guardrisk Insurance Company Limited Shares at cost 7 000 7 000 100% investment in Cell captive – Cell No. 105 8. PROPERTY, PLANT AND EQUIPMENT Group and company Fixed asset computer equipment 4 679 4 318 4 679 4 318 Accumulated depreciation: computer equipment (4 145) (3 573) (4 145) (3 573) Fixed assets: computer software 4 339 4 324 4 339 4 324 Accumulated depreciation: computer software (4 119) (3 667) (4 119) (3 667) Fixed assets: furniture and fittings 2 708 2 580 2 708 2 580 Accumulated depreciation: furniture and fittings (2 314) (2 133) (2 314) (2 133) Fixed assets: motor vehicle 105 105 105 105 Accumulated depreciation: motor vehicle (76) (47) (76) (47) Fixed assets: office equipment 374 374 374 374 Accumulated depreciation: office equipment (326) (296) (326) (296) Fixed asset: leasehold improvements 293 269 293 269 Accumulated depreciation: leasehold improvements (293) (134) (293) (134) 1 224 2 119 1 224 2 119 42 NHFC ANNUAL REPORT 2006
NOTES TO THE ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2006 CONTINUED Group Company 2006 R’000 2005 R’000 2006 R’000 2005 R’000 8. PROPERTY, PLANT AND EQUIPMENT (continued) Reconciliation of opening balances to closing balances – 2006 Opening balance Fixed assets: computer equipment 745 925 745 925 Fixed assets: computer software 657 1 098 657 1 098 Fixed assets: furniture and fittings 448 686 448 686 Fixed assets: motor vehicle 57 79 57 79 Fixed assets: office equipment 78 119 78 119 Fixed assets: leasehold improvements 134 60 134 60 2 119 2 967 2 119 2 967 Additions Fixed assets: computer equipment 361 314 361 314 Fixed assets: computer software 15 250 15 250 Fixed assets: furniture and fittings 127 29 127 29 Fixed assets: motor vehicle — 2 — 2 Fixed assets: office equipment — 8 — 8 Fixed assets: leasehold improvements 25 208 25 208 528 811 528 811 Depreciation Fixed assets: computer equipment (571) (494) (571) (494) Fixed assets: computer software (452) (691) (452) (691) Fixed assets: furniture and fittings (182) (267) (182) (267) Fixed assets: motor vehicle (28) (24) (28) (24) Fixed assets: office equipment (30) (49) (30) (49) Fixed assets: leasehold improvements (159) (134) (159) (134) (1 423) (1 659) (1 423) (1 659) NHFC ANNUAL REPORT 2006 43
Page 1 and 2: A N N U A L R E P O R T 2 0 0 6 u O
Page 4 and 5: A TRIBUTE TO OUR CHAIRMAN IN MEMORY
Page 6 and 7: KEY FINANCIAL FEATURES 2006 % 2005
Page 8 and 9: HIGHLIGHTS NHFC - TEN YEARS ON NHFC
Page 10 and 11: BOARD OF DIRECTORS Mr Tim Middleton
Page 12 and 13: “EVERY TIME YOU ARE TEMPTED TO RE
Page 14 and 15: CHIEF EXECUTIVE’S REPORT CONTINUE
Page 16 and 17: CHIEF EXECUTIVE’S REPORT CONTINUE
Page 18 and 19: CORPORATE GOVERNANCE INTRODUCTION C
Page 20 and 21: CORPORATE GOVERNANCE CONTINUED Boar
Page 22 and 23: CORPORATE GOVERNANCE CONTINUED MCC
Page 24 and 25: CORPORATE GOVERNANCE CONTINUED inte
Page 26 and 27: ANNUAL FINANCIAL STATEMENTS FOR THE
Page 28 and 29: REPORT OF THE INDEPENDENT AUDITORS
Page 30 and 31: REPORT OF THE DIRECTORS The Directo
Page 32 and 33: BALANCE SHEETS AS AT 31 MARCH 2006
Page 34 and 35: STATEMENT OF CHANGES IN EQUITY FOR
Page 36 and 37: GROUP ACCOUNTING POLICIES 1. CORPOR
Page 38 and 39: GROUP ACCOUNTING POLICIES CONTINUED
Page 44 and 45: NOTES TO THE ANNUAL FINANCIAL STATE
Page 72: ADMINISTRATION REGISTRATION NUMBER

housing - National Housing Finance Corporation

Create successful ePaper yourself

Delete template?

Save as template?