Annual Report2012
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NOTES TO THE ANNUAL FINANCIAL STATEMENTS<br />
2012<br />
R<br />
2011<br />
R<br />
3. CASH AND CASH EQUIVALENTS<br />
Cash and cash equivalents consist of:<br />
Cash on hand 784 975<br />
Bank balances 483 566 681 623<br />
Short-term deposits 20 711 613 952<br />
505 061 1 296 550<br />
4. TRUST CAPITAL<br />
Capital account<br />
Balance at beginning of year 100 100<br />
5. DEFERRED INCOME<br />
Government grants<br />
Non-current liabilities 87 057 131 634<br />
Current liabilities 44 574 99 209<br />
131 631 230 843<br />
6. TRADE AND OTHER PAYABLES<br />
Trade payable: 175 611 74 455<br />
Accrued expenses 248 751 257 551<br />
Amounts received in advance 54 889 43 777<br />
Deposits 5 600 -<br />
484 851 375 783<br />
7. REVENUE<br />
SEDA Technology Programme 9 100 000 9 700 000<br />
SEDA CONSTRUCTION INCUBATOR<br />
38<br />
2011/2012 ANNUAL REPORT
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