Page 85 - AR201718

THE SOUTH AFRICAN INSTITUTE FOR DRUG-FREE SPORT THE SOUTH AFRICAN INSTITUTE FOR DRUG-FREE SPORT

NOTES TO THE FINANCIAL STATEMENTS (continued) NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2018 FOR THE YEAR ENDED 31 MARCH 2018

3. PROPERTY, PLANT AND EQUIPMENT 4. INTANGIBLE ASSETS
R'000 R'000 R'000
R'000 R'000 R'000 R'000 R'000 R'000 2018 Cost Accumulated Carrying value
2018 Computer Furniture Motor Office Leasehold TOTAL amortisation
equipment & fit ings Vehicles equipment improve- Computer sof ware 29 (29) -
ments Interactive media applications 62 (62) -
91 (91) -
Carrying value at the beginning 2017
of the year 80 79 314 543 19 1 035
Cost 490 496 403 903 26 2 317 Computer sof ware 29 (27) 2
Accumulated depreciation (410) (417) (89) (359) (7) ( 1 283) Interactive media applications 62 (62) -
91 (89) 2
Depreciation (83) (22) (29) (134) (8) (276)
Additions 70 14 - 6 16 108 Reconciliation 2018 2017
Disposals (0) - - (1) - (1) R'000 R'000
Cost 163 100 - 112 - 376
Accumulated depreciation (163) (100) - (112) - (375) Carrying value at the beginning of the year 2 5
Additions - -
Carrying value at the end of the year 67 71 285 416 27 866 Disposals - Cost - -
Cost 397 410 403 797 42 2 049 Disposals - Accumulated Amortisation - -
Accumulated depreciation (330) (340) (118) (381) (15) ( 1 184) Amortisation (2) (2)
Carrying value at the end of the year - 2
Fully depreciated assets still in use 0 0 - 0 - 0
Cost 97 256 - 159 - 511 5. INVENTORIES
Accumulated depreciation (97) (256) - (159) - (511) Consumable stores 720 751

2017 The cost of inventories recognised as an expense during the year amounts to R 998,000 (2017: R 1 094,000).

Carrying value at the beginning 6. TRADE AND OTHER RECEIVABLES
of the year 156 95 343 536 25 1 155 Trade receivables from exchange transactions
Cost 486 489 403 763 26 2 166 Trade receivables 1 261 639
Accumulated depreciation (330) (394) (60) (227) (1) ( 1 012) Prepayments 6 133
Other 16 20
Depreciation (80) (23) (29) (136) (6) (274) 1 283 792
Additions 4 7 - 146 - 157
Disposals - - - (2) - (2) The carrying value of trade and other receivables approximates their fair value. The recoverability of each
Cost - - - 6 - 6 debtor is assessed and where doubtful, a provision is raised.
Accumulated depreciation - - - (4) - (4)
Trade receivables analysis:
Carrying value at the end of the year 80 79 314 543 19 1 035 0 – 30 days 628 406
Cost 490 496 403 903 26 2 317 30 – 60 days 90 59
Accumulated depreciation (410) (417) (89) (359) (7) (1 283) 60 – 120 days 332 7
Over 120 days 543 445
Fully depreciated assets still in use 0 0 - 0 - 0 Provision for doubtful debts (331) (279)
Cost 260 356 - 159 - 775 1 261 639
Accumulated depreciation (260) (356) - (159) - (775)

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