National Consumer Tribunal Annual Report 2011/12 National Consumer Tribunal 2011-12 | Page 97

NOTES TO THE ANNUAL FINANCIAL STATEMENTS
for the year ended 31 March 2011
Restated
31 March
2010
R
31 March
2011
R
14
Cash and Cash equivalents
Cash and cash equivalents consist of:
6 517 767 3 440 687
6 517 695 3 439 831
72 856
1 970 137 (19 298)
Adjusted for: 559 017 451 392
Depreciation and amortization 526 656 592 200
Bank
Cash on hand
15
Reconciliation of net operating cashflows
from operating activities
Net surplus/(deficit)
Assets written off
39 320 4 745
- (350 000)
12 578 16 274
(19 537) 188 173
Operating surplus before working capital changes 2 529 154 432 094
Changes in working capital 1 525 480 841 645
Decrease/(increase) in accounts receivable 106 606 (9 023)
Decrease/(increase) in inventory (21 841) -
Increase in accounts payable 1 440 715 850 668
Cash generated in operations 4 054 634 1 273 739
464 000
464 000 128 000
128 000
Deferred income recognised
Finance costs - finance leases
Movements in provisions
16 Commitments
16.1 Authorised capital expenditure
Already contracted for but not provided for
- Intangible assets
The commitment expenditure relates to a document management system and a case
management system
Annual Report 2011
national consumer tribunal | page 95