Page 222 - DSD ANNUAL REPORT 2022-2

PART E: FINANCIAL INFORMATION

Notes of the Annual Financial Statements for the year ended 31 March 2022

MOVEMENT IN MINOR ASSETS PER THE ASSET REGISTER FOR THE YEAR ENDED AS AT 31 MARCH 2021
Machinery and
Intangible assets Total
equipment
R’000 R’000 R’000
Opening balance 4 12 808 12 812
Prior period error - - -
Additions 3 1 163 1 166
Disposals - 547 547
Total minor assets 7 13 424 13 431

Machinery and equipment Total
Number of R1 minor assets 5 395 5 395
Number of minor assets at cost 7 070 7 070
Total Number Of Minor Assets 12 465 12 465

Guidance is sought regarding the assets that are reflected at R1.

31. INTANGIBLE CAPITAL ASSETS

Opening Additions Disposals Closing
balance Balance
R’000 R’000 R’000 R’000

SOFTWARE 12 178 655 (8 808) 4 025
Total Intangible Capital Assets 12 178 655 (8 808) 4 025

31.1. Movement for 2020/21

MOVEMENT IN INTANGIBLE CAPITAL ASSETS PER ASSET REGISTER FOR THE YEAR ENDED 31 MARCH 2021
Opening Prior period Additions Disposals Closing
balance error Balance
R’000 R’000 R’000 R’000 R’000
SOFTWARE 9 262 2 847 69 - 12 178
Total Intangible Capital Assets 9 262 2 847 69 - 12 178

31.2. Prior period error
Note 2020/21
R’000
Nature of prior period error
Relating to 2020/21 [affecting the opening balance] 2 847
Software additions not added to Asset Register 2 847
Total 2 847

Prior year’s intangible assets included maintenance and training costs which should have been expensed. This error has been corrected
in the current financial year.

222 DEPARTMENT OF SOCIAL DEVELOPMENT ANNUAL REPORT 2021/22