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Mr LJ Mahlangu - Municipal Demarcation Board

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2012 2011<br />

22. CHANGE IN ESTIMATE: USEFUL LIFE OF ASSETS REVIEWED R’000 R’000<br />

Changes in the estimated useful lives of some items of property, plant and equipment has resulted in<br />

the following change in depreciation for the year:<br />

Depreciation: PPE<br />

- According to initial estimated useful life (57,523) (37,305)<br />

- According to re-estimated useful life 27,755 12,550<br />

Reduced depreciation provided (29,768) (24,755)<br />

The computer equipment, office equipment, furniture and fittings and motor vehicles were affected by<br />

this change in the estimated useful life.<br />

23. COMMITMENTS<br />

- Unrecognised capital commitments 931 1,839<br />

- Unrecognised contractual commitments 3,657 3,924<br />

Total future commitments 4,588 5,763<br />

24. MEMBERS’ EMOLUMENTS<br />

Fulltime Chairperson<br />

MR <strong>LJ</strong> MAHLANGU 990 943<br />

- Salary (as determined by the Minister: CoGTA) 990 943<br />

CEO: MDB<br />

MR RH MONARE 1,014 946<br />

- Salary (as determined by the <strong>Board</strong>) 942 889<br />

- Performance bonus (as determined by the <strong>Board</strong>) 72 57<br />

CFO: MDB<br />

MR DKN LIGEGE (resigned September 2010) 0 480<br />

- Salary (as determined by the <strong>Board</strong>) 0 424<br />

- Performance bonus (as determined by the <strong>Board</strong>) 0 56<br />

ACTING CFO: MDB<br />

MS MP LEBURU ( 01 April 2011 – 02 September 2011) 222 0<br />

- Salary (as determined by the <strong>Board</strong>) 222 0<br />

CFO: MDB<br />

MS MI MATHATHO (appointed 05 September 2011) 466 0<br />

- Salary (as determined by the <strong>Board</strong>) 466 0<br />

ACTING CFO: MDB<br />

MS MS MAHLANGU ( 01 February 2012 – 31 March 2012) 82 0<br />

- Salary (as determined by the <strong>Board</strong>) 82 0<br />

Sub-total 2,774 2,369<br />

67 MUNICIPAL DEMARCATION BOARD - Annual Report 2012

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