Question NW2905 to the Minister of Transport

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27 September 2017 - NW2905

Profile picture: King, Ms C

King, Ms C to ask the Minister of Transport

What is the detailed (a) breakdown of and (b) valuation for current and non-current assets and investments held by (i) her department and (ii) each entity reporting to her according to (aa) listed assets (aaa) directly held and (bbb) indirectly held and (bb) unlisted investments (aaa) directly held and (bbb) indirectly held by each of the entities, in each case breaking the current assets and investments down by 0-3 months, 3-6 months, 6-12 months and beyond 12 months?

Reply:

Department

Note: Amounts are as at 30 June 2017

(i) Department

(a) Breakdown

(b) Valuation

0-3 months

3-6 months

6-12 months

Beyond 12 months

           

Current Assets

         

Cash and cash equivalents

28,000

28,000

     

Advances paid:

         

Department of International Relations and Cooperation

2,697,000

   

2,697,000

 

Northern Cape Provincial Government

631,000

     

631,000

Government Communications and Information Services

360,000

   

18,000

342,000

Prepayments:

         

Taxi scrapping

3,641,000

3,641,000

     

Claims recoverable:

         

National Departments

949,000

     

949,000

Provincial Departments

102,000

   

63,000

39,000

Public Entities

7,649,000

   

3,598,000

4,051,000

Recoverable expenditure:

         

Salary overpayments

206,000

   

206,000

 

Staff debt

810,000

   

213,000

597,000

Other debtors

522,000

   

320,000

202,000

           

Non-current assets

         

Investments:

         

Shares and other equity:

         

(aa) Listed

Nil

Nil

Nil

Nil

Nil

(bb) Unlisted:

         

(aaa) Directly held:

         

Passenger Rail Agency of South Africa Ltd.

4,248,259,000

     

4,248,259,000

Airports Company Ltd.

559,492,000

     

559,492,000

Air Traffic and Navigational Services Company Ltd.

190,646,000

     

190,646,000

S.A. National Roads Agency Ltd.

1,091,044,000

     

1,091,044,000

(ii) Department

(b) Breakdown

  1. Valuation

0-3 months

3-6 months

6-12 months

Beyond 12 months

           

Movable Tangible Capital Assets:

         

Transport assets

5,934,000

   

2,282,000

3,652,000

Computer equipment

99,104,000

   

4,890,000

94,214,000

Furniture and office equipment

31,508,000

   

2,286,000

29,222,000

Other machinery and equipment

5,094,000

   

1,366,000

3,728,000

Intangible Capital Assets:

         

Software

65,255,000

     

65,255,000

eNaTIS software

254,648,000

     

254,648,000

           

(bbb) Indirectly held

Nil

Nil

Nil

Nil

Nil

Immovable Tangible Capital Assets

         

Mthatha Airport

353,434,000

     

353,434,000

Airports Company South Africa SOC Limited (ACSA)

(a) breakdown of and (b) valuation for current and non-current assets and investments held by

(i) her department and

(ii) each entity reporting to her according to

(aa) listed assets

(aaa) directly held and

(bbb) indirectly held and

(bb) unlisted investments

(aaa) directly held and

(bbb) indirectly held by each of the entities,

in each case breaking the current assets and investments down by 0-3 months, 3-6 months, 6-12 months and beyond 12 months?

Herewith the breakdown requested. From the next page.

Detail per line:

Property and equipment

Investment property

Intangible assets

Investments in subsidiaries

Investment in joint ventures

Investments in associates

Other non-current assets

Inventories

Trade receivables

Investments

ROAD TRAFFIC INFRINGEMENT AGENCY (RTIA)

(ii) RTIA

(a) breakdown of and

(b) valuation for

current held by between 6-12 months

Receivables R57 769 725

Cash and cash equivalents R176 978 094

non-current assets held by beyond 12 months

Furniture & Fittings R1 606 205

Motor Vehicles R1 812 823

Office Equipment R1 115 502

IT Equipment R1 586 750

Leasehold Improvements R20 284

(aa) listed assets

(aaa) directly held There are none

(bbb) indirectly held: There are none

(bb) unlisted investments:

(aaa) directly held There are none

(bbb) indirectly held:

Cross-Border Road Transport Agency (CBRTA)

(ii) The detailed (a) breakdown of and (b) valuation for current and non-current assets and investments held by (ii) the Cross-Border Road Transport Agency according to (aa) listed assets (aaa) directly held and (bbb) There are no assets that are indirectly held and (bb) unlisted investments (aaa) directly held and broken down by 0-3 months, 3-6 months, 6-12 months and beyond 12 months are highlighted in the table below. (bbb) There are no investments indirectly held.

ROAD ACCIDENT FUND (RAF)

(ii) The below table provides a (a) breakdown of the current assets and non-current assets and investments held by the Road Accident Fund as at 31 August 2017:

(aa) listed assets:

(aaa) directly held:

0-3 months:

3-6 months:

6-12 months:

Beyond 12 months:

(b) valuation:

   

None

 

(bbb) indirectly held:

None

(bb) unlisted investments:

(aaa) direcly held:

Short-term call deposits

None

None

None

R 1,430 038

   

Rent-a-captive insurance

None

None

None

R 107, 24

 

(bbb) indirectly held:

None

ROAD TRAFFIC MANAGEMENT CORPORATION (RTMC)

Valuation of current assets

Valuation of non-current assets

Valuation of investments

Listed assets

Unlisted investments

N/A. The RTMC has not conducted any valuation of assets.

N/A. The RTMC has not conducted any valuation of assets.

N/A. The RTMC doesn’t have investments

N/A. The RTMC doesn’t have listed investment

N/A. The RTMC doesn’t have unlisted investment

         

SOUTH AFRICAN NATIONAL ROADS AGENCY LIMITED (SANRAL)

ii) SANRAL’s Non-current and Current assets as per the Annual Report 2016 is as follows:

   

2016

2015

 

R’000

R’000

     

Non-current assets

317 047 850

310 441 492

 

Property, Plant and Equipment

315 293 978

308 819 013

 

Investment Property

1 404 075

1 318 565

 

Intangible assets

60 704

44 009

 

Investments

289 093

259 905

       

Current assets

17 808 351

14 926 180

 

Trade and Other receivables

7 661 333

4 967 164

 

Investments

636 814

452 605

 

Non-current assets held for sale

20 096

26 971

 

Cash and cash equivalents

9 490 108

9 479 440

       

Total assets

334 856 201

325 367 672

(aa) Listed investments

SANRAL only invests in listed bonds, which was R636 814 000 for 2016, which are current assets included above and are held for trading.

(aa) Unlisted investments

SANRAL has a Capped Insurance receivable of R289 093 000 for 2016, with a 12 month term, which is a non-current asset included above.

For a further breakdown of the information the member is invited to peruse the Annual Report as stated above or visit SANRAL offices.

Passenger Rail Agency of South Africa (PRASA)

(a) Breakdown and (b) valuation of non-current and current assets, held by (ii) PRASA as below:

(aa) PRASA does not have listed assets

(aaa) directly held or

(bbb) indirectly held.

(bb) PRASA does not have unlisted investments

(aaa) directly held

(bbb) indirectly held

Timeframes as indicated above.

Railway Safety Regulator (RSR)

  1. Breakdown and (b) valuation of non-current and current assets held by (ii) Railway Safety Regulator as below

March 2017 unaudited figures

Non-current assets

37,873,539

Property, plant and Equipment

26,970,909

Intangible assets

10,965,630

Current assets

11,300,085

Trade Receivables

10,146,526

Prepayments

562,065

Staff Debt

291,454

Cash and cash equivalent

300,040

 

 

Total Assets 49,173,624

(aa) The Railway Safety Regulator does not have listed assets

(aaa) directly held or

(bbb) indirectly held

(bb) The Railway Safety Regulator does not have unlisted assets

(aaa) directly held

(bbb) indirectly held, in each case breaking the current assets down by

0-3 months R8,881,478

3-6 months R2,418,607

6-12 months Not applicable

beyond 12 months Not Applicable

South Africa Maritime Safety Authority ( SAMSA)

SOUTH AFRICAN MARITIME AUTHORITY

CURRENT AND NON-CURRENT ASSETS

   

Description

(R'000)

 

 

0 to 3 Months

68 684

3 to 6 Months

6 082

6 to 12 Months

2 262

Beyond 12 Months

33 677

TOTAL

110 705

Ports Regulator of South Africa (PRSA)

(a) (ii) Breakdown of assets, (b) (ii) Valuation of current and non-current assets as at 30/06/2017

Current assets

 

Amount (R) 000

 

Receivables

37

 

Cash and Cash equivalents

16 110

     

Non-current assets

   
 

Property, plant and equipment

954

 

Intangible assets

38

(b) (ii) Valuation of Investments: (held with Standard bank as at 30/06/2017):

R 15 880 256 (included in Cash and Cash equivalents above) which is in terms of the Treasury Regulations to invest surplus funds. There are no other investments held by the Regulator

(aa) No listed assets

(bb) as above – with Standard bank

Source file