Question NW2895 to the Minister of Public Works

Reply:

Department of Public works:

(a) (b) (ii) Breakdown and evaluation of current and non-current assets	(aa) listed assets (yes/no)	(aaa) directly held (yes/no)	(bbb) indirectly held (yes/No)	0-3 months	3-6 months	6-12 months	Beyond 12 months
				R ‘000	R ‘000	R ‘000	R ‘000
Current Assets
Unauthorised expenditure	No	Yes	No	-	-		261 169
Cash and cash equivalents	No	Yes	No	126	-	-	-
Prepayments and advances	No	Yes	No	-	-	36 325	-
Receivables	No	Yes	No			45 202
Non – current assets
Receivables				-	-	-	58 011

Property Management Trading Entity (PMTE):

(a) (b) (ii) None

(aaa) (bbb) (bb) (aaa) (bbb) Not applicable

Current Assets	2016/17 R’000
Receivables from exchange transactions	4 859 391
Receivables from Non-exchange transactions	66
Operating lease asset (straight – lining)	713 292
Cash and cash equivalents	2 934
Non-current assets
Property, plant and equipment (immovable assets, vehicles and equipment)	132 828 415
Investment property (immovable assets)	5 540 246
Heritage assets (immovable assets)	646 923
Intangible assets (software)	20 890

DEPARTMENT OF PUBLIC WORKS ENTITIES:

Council for Built Environment (CBE)

(a) (b) (ii) None

(aaa) (bbb) (bb) (aaa) (bbb) Not applicable

Agrement South Africa (ASA)

(a) (b) (ii) None

(aaa) (bbb) (bb) (aaa) (bbb) Not applicable

At present, Agrement South Africa has up to 31 March 2017 been reported as a division under the CSIR and will partly continue to do so up to 31 March 2018.

At 31 March 2018, the net book value of the division will transfer from the CSIR to Agrement South Africa. At present the CSIR is functioning as a service provider to Agrement South Africa and therefore managing R13 126 000.00 of the allocated funds in terms of the approved budget on behalf of Agrement South Africa.

At present, there are no current and non-current assets and investments held by the entity reporting to NDPW 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 outside if the bank accounts containing cash to be utilised in the current financial period to procure infrastructure to become a fully operational entity and related operational cost. Therefore, there are no current assets and investments down by 0-3 months, 3-6 months, 6-12 months and beyond 12 months, outside the cash value of R15 919 000.00 (0-6 months) less expenses from 1 August 2017. The CSIR will report on all current assets and investments up to 31 March 2018, where after it will transfer to Agrement South Africa.

Construction Industry Development Board (CIDB)

(a) (b) (ii) None

(aaa) (bbb) (bb) (aaa) (bbb) Not applicable

Independent Development Trust (IDT)

Breakdown of and valuation for current and non-current assets

(a) (b) (ii) Breakdown and evaluation of current and non-current assets	(aa) listed assets (yes/no)	(aaa) directly held (yes/no)	(bbb) indirectly held (yes/No)
				0-3 months R ‘000	3-6 months R ‘000	6-12 months R ‘000	Beyond 12 months R ‘000
Current Assets
Trade and other receivables	No	Yes	No	136 804	48 261	0	0
Cash and cash equivalents	No	Yes	No	2 783	0	0	0
Non – current assets
Property Plant and Equipment.	No	Yes	No	0	0	0	29 434

Breakdown of and valuation for current and non-current investments

(a) (b) (ii) Breakdown and evaluation of current and non-current investments	(bb) Unlisted investments	(aaa) Directly held	(bbb) Indirectly held
				0-3 months R ‘000	3-6 months R ‘000	6-12 months R ‘000	Beyond 12 months R ‘000
Current Investments
(a)(b) 0-3 months 3-6 months 6-12 months Over 12 months (ii)         Current Assets 39,712,858.64 4,888,818.72 2,730,957.88 4,647,360.82 Non – current assets 16,986,946.36 18,448,593.02 20,041,648.99 22,725,163.41 Investments 170,485,289.73 169,418,304.49 169,250,003.57 140,939,304.09 Investments held with financial institutions(unlisted)	No	Yes	No	43 037	0	0	0
Non- Current Investments
Investments held with financial institutions(unlisted)	No	Yes	No	0	0	0	8 412