2018-19 Annual Report

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STATEMENT OF FINANCIAL POSITION as at 31 March 2019 NOTES 2019 2018 R ‘000 R ‘000 ASSETS Non-current assets 2,946 2,287 Property, plant and equipment 2 2,812 2,120 Intangible assets 3 134 167 Current assets 30,124 31,146 Receivables from exchange transactions 4 193 254 Receivables from non- exchange transactions 5 2,975 2,845 Prepayments and advances 6 3,741 3,800 Cash and cash equivalents 7 23,215 24,247 Total Assets 33,070 33,433 LIABILITIES Non-current liabilities 146 306 Finance lease obligation 10 146 306 Current liabilities 32,368 28,772 Payables from exchange transactions 8 7,360 3,838 Deferred income/unspent conditional grants/transfers and receipts 9 21,057 21,165 Finance lease obligation 10 160 144 Leave Accrual 11 774 833 Performance Bonuses 12 3,017 2,792 Total Liabilities 32,514 29,078 TOTAL NET ASSETS 556 4,355 Accumulated Surplus 556 4,355 NET ASSETS 556 4,355 62
STATEMENT OF FINANCIAL PERFORMANCE for the year ended 31 March 2019 NOTES 2019 2018 R ‘000 R ‘000 REVENUE 70,429 68,264 Non-exchange revenue 70,101 67,654 Government grant/Transfer - Department Arts and Culture 13 68,493 64,653 Amortised Government/Transfers/ Partnerships - Other 14 1,608 3,001 Exchange revenue 328 610 Other income 15 102 5 Interest received 16 226 605 TOTAL EXPENSES (74,228) (63,973) Operating expenses 17 (23,640) (19,758) Administrative expenses 18 (18,125) (15,985) Employee related costs 19 (28,451) (25,490) Operating lease expenses 20 (2,573) (2,153) Provision for Doubtful Debts (480) - Debt written off (42) - Finance costs 21 (41) (7) Depreciation 22 (776) (498) Amortisation 23 (100) (82) (DEFICIT) / SURPLUS FOR THE PERIOD (3,799) 4,291 (DEFICIT) / SURPLUS FOR THE PERIOD Attributable to: Owners of the controlling entity (3,799) 4,291 (3,799) 4,291 63
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A N N U A L R E P O R T
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2. LIST OF ABBREVIATIONS/ACRONYMS A
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5. ORGANISATIONAL STRUCTURE 8
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of these achievements and will ende
Page 12 and 13: 7. CHIEF EXECUTIVE OFFICER’S OVER
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Page 16 and 17: AUDITOR GENERAL’S REPORT: PREDETE
Page 18 and 19: Service Delivery Environment In the
Page 20 and 21: Performance Indicator Actual Achiev
Page 22 and 23: Programme 2: Heritage Promotion The
Page 24 and 25: Performance Indicator Actual Achiev
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Page 28 and 29: Composition of the Council During t
Page 30 and 31: Name Designation Date appointed Dat
Page 36 and 37: Name Designation Date appointed Mr
Page 42 and 43: Committee Repositioning and Interna
Page 44 and 45: Profile of Audit and Risk Committee
Page 46 and 47: 6. MINIMISING CONFLICT OF INTEREST
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Page 50 and 51: HUMAN RESOURCE OVERSIGHT STATISTICS
Page 52 and 53: Employment and vacancies Programme
Page 54: Levels Disabled Staff Male Female C
Page 57 and 58: Report of the Auditor-General to Pa
Page 59 and 60: Annexure - Auditor’s responsibili
Page 61: STATEMENT OF RESPONSIBILITY for the
Page 65 and 66: CASH FLOW STATEMENT for the year en
Page 67 and 68: ACCOUNTING POLICIES PRESENTATION OF
Page 69 and 70: ACCOUNTING POLICIES 1.4 Financial I
Page 71 and 72: ACCOUNTING POLICIES 1.15 Research a
Page 73 and 74: NOTES TO THE ANNUAL FINANCIAL STATE
Page 97 and 98: Annual Financial Statements for the
Page 99 and 100: DETAILED STATEMENT OF FINANCIAL PER
Page 101: DETAILED STATEMENT OF FINANCIAL PER
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2018-19 Annual Report

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