146
ontvang sal word indien die entiteit die verpligting nakom.
Die vergoeding sal as ‘n afsonderlike bate hanteer word.
Die bedrag wat vir die vergoeding erken sal word, sal nie
meer wees as die bedrag van die voorsiening nie.
Voorsiening sal nie vir toekomstige verlies erken word nie.
Indien ‘n entiteit ‘n kontrak het wat beswarend is, sal die
huidige verpligting ingevolge die kontrak erken word en
as ‘n voorsiening bereken word.
1.11 Inkomste
Inkomste word gedefinieer as eksterne trusts of staatsin-
stansie befondsing, advertensie en drukkostes gevorder,
intekengelde, ledegelde ontvang, bedryfsheffing ontvang,
bestuursfooie ontvang asook oesdag ontvangstes, borg-
skappe, huurinkomste en ander diverse bedryfsontvangstes.
Wanneer die uitslag van ‘n transaksie wat dienslewering
behels, betroubaar bereken kan word, word inkomste ten
opsigte van die transaksie erken met verwysing na die afhan-
delingstadium van die transaksie op die balansstaatdatum.
Die uitslag van die transaksie kan betroubaar bereken word
wanneer al die volgende voorwaardes nagekom word:
die inkomstebedrag kan betroubaar bereken word;
die ekonomiese voordeel ten opsigte van die transak-
sie sal na verwagting die entiteit toekom;
die afhandelingstadium van die transaksie op die
balansstaatdatum kan betroubaar bereken word; en
die koste wat aangegaan is vir die transaksie en die
koste om die transaksie af te handel, kan betroubaar
bereken word.
Wanneer die uitslag van die transaksie wat diensle-
wering behels, nie betroubaar bereken kan word nie,
word inkomste slegs erken ten opsigte van die erkende
uitgawes wat verhaalbaar is.
Inkomste word bereken teen die billike waarde van
die teenprestasie wat ontvang is of ontvangbaar is en
verteenwoordig die ontvangbare bedrae vir goedere en
dienste wat in die normale gang van sake verskaf word,
na aftrekking van handelskortings en hoeveelheidskor-
ting en belasting op toegevoegde waarde.
Rente word in wins of verlies erken deur die effektiewe
rentekoersmetode te gebruik.
Dividende word in wins en verlies erken wanneer die
entiteit se reg om die betaling te ontvang, gevestig is.
Vrywillige bydraes, byvoorbeeld heffings; ledegeld; dona-
sies en toekennings vir spesifieke projekte word verant-
woord wanneer ontvang word.
1.12 Leenkoste
Leenkoste wat regstreeks toeskryfbaar is aan die ver-
kryging, konstruksie of produksie van ‘n kwalifiserende
Provisions are not recognised for future operating losses.
If an entity has a contract that is onerous, the present
obligation under the contract shall be recognised and
measured as a provision.
1.11 Revenue
Revenue is defined as external trusts or government
institution allocation, advertising and printing costs
received, subscription fee, membership fees received,
commodity levies received, management fees, farm in-
come, harvest day receipts, sponsorships, rental income,
as well as other sundry operating income. When the
outcome of a transaction involving the rendering of ser-
vices can be estimated reliably, revenue associated with
the transaction is recognised by reference to the stage of
completion of the transaction at the balance sheet date.
The outcome of a transaction can be estimated reliably
when all the following conditions are satisfied:
the amount of revenue can be reliably calculated;
the economic benefit of the transaction are expected
to be the entity’s;
stage of completion of the transaction at the balance
sheet date can be reliably calculated; and
the costs incurred for the transaction and the costs to
finalise the transaction can be reliably calculated.
When the outcome of the transaction involving delivery
can not be reliably calculated, the revenue is recognised
only in respect of the expenses recognised that are
recoverable.
Revenue is measured at the fair value of the considera-
tion received or receivable and represents the receiva-
bles for goods and services in the ordinary course of
business provided, net of trade discounts and quantity
discounts and value added tax.
Interest is recognised in profit or loss using the effective
interest rate method.
Dividends are recognised in profit or loss when the en-
tity’s right to receive payment is established.
Voluntary contributions, such as charges; members fees;
donations and grants for specific projects are recognised
when received.
1.12 Borrowing costs
Borrowing costs that are directly attributable to the
acquisition, construction or production of a qualifying
asset are capitalised as part of the cost of that asset until
such time as the asset is ready for its intended use. The
amount of borrowing costs eligible for capitalisation is
determined as follows:
AANTEKENINGE TOT DIE GEKON-
SOLIDEERDE FINANSIËLE STATE
vir die jaar geëindig 30 September 2013
NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS
for the year ended 30 September 2013
1...,138,139,140,141,142,143,144,145,146,147 149,150,151,152,153,154,155,156,157,158,...168