Office of the Premier Annual Report 2009-2010 - Gauteng Online

24 Key management personnel No of individuals 2009/10R’000R’000Political Office Bearers (Statutory Appropriation) 1 1,550 1,286Officials:Levels 15 to16 14 10,426 3,016Level 14 (incl CFO) 11 5,212 3,575Family members of key management personnel - - -Total 26 17,188 7,8772008/0925 Movable Tangible Capital AssetsTreatment and audit approach for Fair Value of assetsSection 38 (1)(d) read in conjuction with Treasury Regulations 10.1.2 requires that the Accounting Officer should have processes and procedures in place for the effective and efficient management ofassets.In terms of the asset management reforms implementation plan, asset register complying with minimum requirements had to be in place by 31 March 2006 although the milestone for accuratevaluation of all assets have to be achieved by 31 March 2008.Gauteng Treasury in consultation with National Treasury agreed that valuation of all assets will be finalised on 31 March 2008 in accordance with the implementation plans. Consequently, the audit ofassets was conducted in accordance with the approved asset management implementation plans.MOVEMENT IN MOVABLE TANGIBLE CAPITAL ASSETS PER ASSET REGISTER FOR THE YEAR ENDED 31 MARCH 2010Opening Balance Current Year Adjustments to priorAdditions Disposals Closing Balanceyear balancesR’000 R’000 R’000 R’000 R’000MACHINERY AND EQUIPMENT 15,758 - 2,013 865 16,906Transport, assets 784 - - 293 491Specialised military assets - - - - -Computer equipment 7,265 - 1,630 257 8,638Furniture and office equipment 5,797 - 136 219 5,714Other machinery and equipment 1,912 - 247 96 2,063TOTAL MOVABLE TANGIBLE CAPITAL ASSETS 15,758 - 2,013 865 16,906Accordng to the department’s assets register the total value of the minor assets R5 689.This represents 33.65 % of the department’s total assets.1. (173) - telephone equipment not reflected in the asset register.2. No purchase of software during the year.25.1 ADDITIONS TO MOVABLE TANGIBLE CAPITAL ASSET PER ASSET REGISTER FOR THE YEAR ENDED 31 MARCH 2010Cash Non-cash (Capital work in progress-current Received current year, not paid (PaidTotalcosts and finance lease payments) current year, received prior year)R’000 R’000 R’000 R’000 R’000MACHINERY AND EQUIPMENT 3,193 - - (1,180) 2,013Transport, assets - - - - -Specialised military assets - - - - -124