Question NW2888 to the Minister of Justice and Correctional Services
06 October 2017 - NW2888
Gqada, Ms T to ask the Minister of Justice and Correctional Services
What is the detailed (a) breakdown of and (b) valuation for current and non-current assets and investments held by (i) his department and (ii) each entity reporting to him 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:
(a) & (b) (i) Department of Justice and Constitutional Development including National Prosecuting Authority
Breakdown |
Valuation (R’000) |
(aa) (R’000) |
(aaa) (R’000) |
(bbb) (R’000) |
(bb) (R’000) |
|
Current |
855 883 |
Zero |
855 883 |
Zero |
Zero |
|
Non-current |
445 170 |
Zero |
445 170 |
Zero |
Zero |
|
Investments:
|
Zero |
Zero |
Zero |
Zero |
Zero |
|
Total |
1 301 053 |
Zero |
1 301 053 |
Zero |
Zero |
A. The President Fund
Breakdown |
Valuation (R’000) |
(aa) (R’000) |
(aaa) (R’000) |
(bbb) (R’000) |
(bb) (R’000) |
|
Current |
57 551 |
Zero |
57 551 |
Zero |
Zero |
|
Non-current |
Zero |
Zero |
Zero |
Zero |
Zero |
|
Investments:
|
476 197 523 224 350 151 57 678 |
Zero |
Zero |
476 197 523 224 350 151 57 678 |
476 197 523 224 350 151 57 678 |
|
Total |
1 464 801 |
Zero |
57 551 |
1 407 250 |
1 407 250 |
B. The Guardian Fund
Breakdown |
Valuation (R’000) |
(aa) (R’000) |
(aaa) (R’000) |
(bbb) (R’000) |
(bb) (R’000) |
|
Current |
894 430 |
Zero |
894 430 |
Zero |
Zero |
|
Non-current |
Zero |
Zero |
Zero |
Zero |
Zero |
|
Investments:
|
5 000 668 2 424 495 4 351 694 62 524 |
Zero |
Zero |
5 000 668 2 424 495 4 351 694 62 524 |
5 000 668 2 424 495 4 351 694 62 524 |
|
Total |
12 733 811 |
Zero |
894 430 |
11 839 381 |
11 839 381 |
C. The Third Party Fund
Breakdown |
Valuation (R’000) |
(aa) (R’000) |
(aaa) (R’000) |
(bbb) (R’000) |
(bb) (R’000) |
|
Current |
805 972 |
Zero |
805 972 |
Zero |
Zero |
|
Non-current |
Zero |
Zero |
Zero |
Zero |
Zero |
|
Investments:
|
Zero |
Zero |
Zero |
Zero |
Zero |
|
Total |
805 972 |
Zero |
805 972 |
Zero |
Zero |
(ii) The following entities have reported as follows:
A. Legal Aid South Africa:
(a) Breakdown of current, non-current assets and investments
(aa) and (bb) Legal Aid SA neither has listed assets nor unlisted investments
(aaa) Legal Aid SA directly holds the following assets:
Current assets |
|
1. |
Trade and other receivables |
2. |
Prepayments |
3. |
Deposits |
4. |
Inventories |
5. |
Cash and cash equivalents |
Non-current assets |
|
1. |
Land |
2. |
Buildings |
3. |
Building improvements |
4. |
Computer equipment |
5. |
Furniture and equipment |
6. |
Fittings and fixtures |
7. |
Leasehold improvements |
8. |
Motor vehicles |
9. |
Finance leased assets |
10. |
Intangible assets |
Investments held |
|
1. |
None held |
(bbb) Legal Aid SA has no assets held indirectly.
(b) Valuation of current, non-current and investments held.
Legal Aid SA directly held the following assets as at 31 March 2017:
Current assets |
Amount |
|
1. |
Trade and other receivables |
|
0 – 3 months |
R5 902 188 |
|
3 – 6 months |
R54 667 |
|
6 – 12 months |
R136 166 |
|
Beyond 12 months |
R527 790 |
|
R6 620 810 |
||
2. |
Prepayments |
|
0 – 3 months |
R1 244 889 |
|
3 – 6 months |
R21 891 440 |
|
6 – 12 months |
R495 094 |
|
Beyond 12 months |
R936 897 |
|
R24 568 320 |
||
3. |
Deposits |
|
Beyond 12 months |
R1 661 651 |
|
R1 661 651 |
||
4. |
Cash and cash equivalents |
|
0 – 3 months |
R245 971 703 |
|
(cash set aside for creditors and provision for external legal practitioners who have been briefed. |
R245 971 703 |
|
5. |
Inventories |
|
0 – 3 months |
R1 664 789 |
|
R1 664 789 |
||
TOTAL |
R280 487 273 |
|
Non-current assets |
AMOUNT |
|
1. |
Land |
R3 556 000 |
2. |
Buildings |
R24 143 169 |
3. |
Building improvements |
R8 955 909 |
4. |
Computer equipment |
R58 544 938 |
5. |
Furniture and equipment |
R4 381 060 |
6. |
Fittings and fixtures |
R439 675 |
7. |
Leasehold improvements |
R10 690 249 |
8. |
Motor vehicles |
58 929 637 |
9. |
Finance leased assets |
R1 099 255 |
10. |
Intangible assets |
R5 684 942 |
TOTAL |
R176 424 834 |
Investments held |
||
1. |
None held |
B. Special Investigating Unit: see table link below:
http://pmg-assets.s3-website-eu-west-1.amazonaws.com/Doc1RNW2888SIU_TABLE.pdf