Department of Defence Annual Report 2008-2009

| Department of Defence | Vote 19 |
SOUTH AFRICAN NATIONAL DEFENCE FORCE FUND
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2009 (continued)
2008 Furniture Equipment Total
R R R
Carrying value at the beginning of the year 1 2 3
Cost 2 618 19 123 21 741
Accumulated depreciation (2 617) (19 121) (21 738)
Movement during the year - - -
Depreciation - - -
Carrying value at the end of the year 1 2 3
| Financial Performance |
Cost 2 618 19 123 21 741
Accumulated depreciation (2 617) (19 121) (21 738)
Furniture and equipment with a carrying amount of R3 were written off as they were beyond economic
repair and no future benefits were estimated to flow to the entity.
3 Cash and cash equivalent
2008/2009 2007/2008
SA National Defence Force Fund 3 508 3 217
SA National Defence Force Welfare Fund 76 525 91 857
Petty cash 33 33
R
80 066 95 107
R
4 Investment in financial assets
4.1 Fixed term deposit
2008/2009 2007/2008
R
R
4.1.1 Maturity date: 09/05/08
Interest rate: 10.5%
Opening balance 7 560 903
Re-invested ( refer 4.1.2) 1 112 766
Interest earned 808 559
Closing balance 9 482 227
Annual Report FY 2008 - 2009 394