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
Figures in Rand
2017 2016
14. Unspent conditional grants and receipts
Assets recognised and included in cash and cash equivalents amounting to R9 995 864( 2016: R 1 293 401) are ring-fenced and can solely be used in terms of the conditions of the grants.
Unspent conditional grants and receipts comprises of:
Unspent conditional grants and receipts Government grant – Department of Environmental Affairs |
- |
400 000 |
Deutsche Gesellschaft fur Internationale Zusammernarbeit( GIZ)- LED Network |
105 260 |
105 260 |
Local Government SETA – Leadership Development Workshops( LDW) |
1 151 838 |
651 838 |
Local Government SETA- Capacity Building( CB) |
23 330 |
23 330 |
Conditional grant – Commonwealth Local Government Forum( CLGF) |
- |
112 973 |
EU Strengthening Governance and Support |
3 331 856 |
- |
LGSETA( LGCAC) |
3 491 655 |
- |
LGSETA( MaSE) |
313 050 |
- |
Federation of Canadian Municipalities( BIGM) |
1 528 785 |
- |
Department of Public Service and Administration( Tirelo Bosha) |
50 090 |
- |
|
9 995 864 |
1 293 401 |
Movement during the year
Balance at the beginning of the year |
1 293 401 |
1 790 898 |
Additions during the year |
11 272 587 |
4 120 791 |
Revenue recognition during the year |
( 2 570 124) |
( 4 618 288) |
|
9 995 864 |
1 293 401 |
The nature and extent of conditional government grants recognised in the annual financial statements and an indication of other forms of assistance from which SALGA has directly benefited are disclosed in note 19; and any unfulfilled conditions and attaching to government and other assistance has not been recognised in surplus or deficit and remain reflected as a liability( Unspent conditional grants and receipts).
See note 19 for reconciliation of grants from National / Provincial Government and other Institutions.
15. Provisions
Reconciliation of provisions – 2017
Opening Balance
Additions
Reversed during the year FTC employee long term incentive 12 950 435 6 409 072( 3 145 323) 16 214 184
Total
207 SALGA ANNUAL REPORT 2016 / 17