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ANNUAL REPORT 2012 - 2013

ANNUAL REPORT 2012 - 2013

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THE SEDA CONSTRUCTION INCUBATOR TRUST<br />

(Registration number : IT 183/2008)<br />

STATEMENT OF CHANGES IN FUNDS<br />

for the year ended 31 March <strong>2013</strong><br />

Trust Accumulated Total<br />

Note capital surplus funds<br />

R R R<br />

Balance at 01 April 2011 5 100 3 065 162 3 065 262<br />

Comprehensive deficit for the year - (622 531) (622 531)<br />

Balance at 31 March <strong>2012</strong> 100 2 442 631 2 442 731<br />

Comprehensive surplus for the year - 550 820 550 820<br />

Balance at 31 March <strong>2013</strong> 100 2 993 451 2 993 551

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