South African Local Government Association
Schedule 3A public entity i.t.o. the Public Finance Management Act, 1999 and recognised i.t.o. the
Organised Local Government Act, 1997
Annual Financial Statements for the year ended 31 March 2017
Notes to the Annual Financial Statements
2017 2016
Included within PPE Total
66 897
(66 897)
- 66 897
(66 897)
-
Included within PPE
66 897 Total
66 897
Figures in Rand
3.
Property, plant and equipment (continued)
Reconciliation of work-in-progress 2017
Opening balance
Transfers
Reconciliation of work-in-progress 2016
Capital expenditure/Additions
4.
Intangible assets
Computer software
2017
Accumulated
depreciation
Cost
and
accumulated
impairment
771 127
(112 024)
Carrying
value
659 103
Reconciliation of intangible assets - 2017
Opening
balance
Computer software
643 519 Additions
Reconciliation of intangible assets - 2016
Opening
balance
Computer software
610 698 Amortisation
2016
Accumulated
depreciation
Cost
and
accumulated
impairment
738 409
(94 890)
Amortisation
32 718
(29 375)
Carrying
value
643 519
Total
(17 134)
Impairment
reversal
62 196
659 103
Total
643 519
Other information
Fully amortised intangible assets still in use (gross carrying amount)
-
49 156
5. Deposits
At amortised cost
Rental deposits held by lessors
Terms and conditions
The deposits are refundable by the lessors only on termination of the
lease agreement
Deposit held at attorney’s trust account to secure acquisition of
administrative property
Terms and conditions
The deposit is refundable pending the approval process to acquire the
administrative property for the North West office
197
1 106 379 1 039 482
2 280 000 -
3 386 379 1 039 482
SALGA ANNUAL REPORT
2016/17