Education Annual Report 2002-2003 - Gauteng Online

19. NOTES TO THE ANNUAL FINANCIAL STATEMENTS FORTHE YEAR ENDED 31 MARCH 200311. Analysis of net surplus for the yearVoted funds to be surrendered to the Revenue FundAdd back unauthorised, irregular, and fruitlessNon voted fundsOther revenue to be surrendered to the RevenueFund12. Cash and cash equivalentsPaymaster General Account (Bank/current account)Cash on hand13. Receivables CurrentAmounts owing by other departmentsStaff debtorsOther debtors2002/03 2001/02R000R00092,334 238,50293,976 5819,993 14,119206,303 252,6792002/03 2001/02R000R000- 187,12858 5258 187,180Notes 2002/03 2001/02R000R00028 4,677 10,50013.3 296 81213.4 39,156 38,02144,129 49,33313.1 Amounts of R 48, 2 million (2001/02: R 34 million) inclusive of interest may not be recoverable, but has not been written offin the income statement.The debtors' amount in the balance sheet does not include interest because of the cash accounting basis.The department has made a submission to the Standing Committee on Public Accounts for the write off of the irrecoverableamount. It is expected that the above amount will be written off in november 2003 after the adjustment budget.The collection capacity has been increased through the Gauteng Shared Service Centre and it is expected that R18 million of theoriginal capital debt will be recovered.GAUTENG DEPARTMENT OF EDUCATION125