National Consumer Tribunal Annual Report 2011/12 National Consumer Tribunal 2011-12 | Page 93

NOTES TO THE ANNUAL FINANCIAL STATEMENTS
for the year ended 31 March 2011
31 March
2011
R
6
31 March
2010
R
PROVISIONS 245 669 265 206
Performance bonus 245 669 265 206
Performance bonus relates to performance bonuses payable to Tribunal employees for
services rendered by them during the financial year.
RECONCILIATION OF PROVISIONS
7
Opening balance 265 206 77 033
Provisions utilised during the year 265 206 77 033
Provisions made during the year 245 669 265 206
Total 245 669 265 206
DEFERRED INCOME
Deferred income represents grants awarded for a case management system. The system
is not yet in use - but has been substantially developed.
(Restated)
31 March
31 March
2011
2010
Deferred income
-
-
RECONCILIATION OF DEFERRED INCOME
8
Balance at the beginning of the year - 350 000
Additions during the year - -
Recognised during the year - (350 000)
Balance at the end of the year - -
REVENUE 22 572 978 18 099 237
Non-exchange revenue 22 059 000 17 869 000
Government Grants 22 059 000 17 869 000
Exchange revenue 138 300 40 503
Filing Fees 138 300 40 503
Investment income 375 678 189 734
Interest Earned 375 678 189 734
Annual Report 2011
national consumer tribunal | page 91