Department of Tourism - ANNUAL REPORT 2010/11

Department of Tourism - Vote 34
Disclosure Notes to the Annual Financial Statements
for the year ended 31 March 2011
These amounts are not recognised in the Annual Financial Statements and are disclosed to enhance
the usefulness of the Annual Financial Statements.
16. Contingent liabilities and contingent assets
16.1 Contingent liabilities
Note 2010/11 2009/10
Liable to Nature R’000 R’000
Housing loan guarantees Employees Annex 2A 58 -
Claims against the department Annex 2B 10,290 -
Other departments (interdepartmental unconfirmed balances) Annex 4 77 -
Total 10,425 -
17. Commitments
Current expenditure
2010/11 2009/10
R’000 R’000
Approved and contracted 9,914 -
Approved and not yet contracted 18 -
9,932 -
Capital expenditure
Approved and contracted 3,312 -
3,312 -
Total Commitments 13,244 -
Note:
The amount of R5,352,000.00 is included above for commitments over a period longer than a year
- Current expenditure R 2,386,000.00
- Capital expenditure R 2,966,000.00
18. Accruals
2010/11 2009/10
R’000 R’000
Listed by economic classification 30 Days 30+ Days Total Total
Goods and services 3,089 36 3,125 -
Machinery and equipment 705 - 705 -
Other (Assets & liabilities) 87 - 87 -
Total 3,881 36 3, 917 -
98
Department of Tourism - ANNUAL REPORT 2010/11