Entire Document - Chris Hani District Municipality

CHRIS HANI DISTRICT MUNICIPALITYNOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE20121. GENERAL INFORMATION2012 2011RRCHRIS HANI DISTRICT MUNICIPALITY ANNUAL REPORT 2011 / 2012Chris Hani District Municipality (the municipality) is a local government institution inQueenstown, Eastern Cape, and and has 8 local municipalities under its jurisdiction.The addresses of its registered office and principal place of business are disclosedunder “General Information” included in the Annual Financial Statements andin the introduction and overview of the Annual Report. The principal activities ofthe municipality are disclosed in the Annual Report and are prescribed by TheConstitution.2. INVENTORYConsumable Stores - at cost 712 479 362 387Maintenance Materials - at cost 24 686 26 773Spare Parts - at cost 60 139 3 086 552Water - at cost - 724 994Total Inventory 797 303 4 200 705Inventories are held for own use with the result that no write downs of Inventory toNet Realisable Value were required.No Inventories have been pledged as collateral for Liabilities of the municipality.3. NON-CURRENT ASSETS HELD-FOR-SALEProperty Held-for-Sale - at cost - 398 217Net Non-current Assets Held-for-Sale - 398 217108