Entire Document - Chris Hani District Municipality

The prior year amounts for Creditors have been restated to correctly disclose thecreditors payable by the municipality in terms of Reconciliations performed of thetransactions from Local Municipalities.Furthermore, the prior year amounts for Creditors have been restated to correctlydisclose the creditors payable by the municipality, previously not accrued for.Furthermore, the prior year amounts for Creditors have been restated to correctlydisclose the creditors payable by the municipality, previously erroneously accrueingfor donations receivable.Furthermore, the prior year amounts for Creditors have been restated to correctlydisclose the creditors payable by the municipality, previously not accrueing formoneys to be refunded to DWA and allocated to income.Unspent Conditional Grants:Chapter 4The opening balances for Unspent Conditional Grants have been restated tocorrectly disclose the VAT claimed on Project Expenditure, previously allocated toUnspent Conditional Grants.Furthermore, the opening balances for Unspent Conditional Grants have beenrestated to correctly disclose Interest calculated on Unspent Balances, previouslyallocated to Unspent Conditional Grants.The prior year amounts for Unspent Conditional Grants have been restated tocorrectly disclose the VAT claimed on Project Expenditure, previously allocated toUnspent Conditional Grants.Furthermore, the prior year amounts for Unspent Conditional Grants have beenrestated to correctly disclose the liability of the municipality, interest on investedfunds previously being allocated to Unspent Conditional Grants.Furthermore, the prior year amounts for Unspent Conditional Grants have beenrestated to correctly disclose the salaries paid to Interns, previously being allocatedto Unspent Conditional Grants.Property, Plant and Equipment:The prior year amounts for Property, Plant and Equipment have been restated tocorrectly disclose the expenditure incurred for Rural Roads, previously capitalisedas Municipal Capital Assets.Furthermore, the prior year amounts for Property, Plant and Equipment have beenrestated to correctly disclose the expenditure incurred for the municipality accordingto the Asset Register, previously erroneously transferred.167