CTFA Annual Report 2021

FIGURES IN R NOTES 2021 2020 ASSETS Non-current assets Property, plant and equipment 3 164,747 206,827 Total non-current assets 164,747 206,827 Current assets Trade and other receivables 5 245,047 229,868 Cash and cash equivalents 6 12,037,862 11,094,529 Total current assets 12,282,909 11,324,397 TOTAL ASSETS 12,447,656 11,531,224 EQUITY AND LIABILITIES Equity Accumulated surplus 11,918,774 10,874,745 LIABILITIES Current liabilities Provisions 7 217,297 137,566 Trade and other payables 9 42,657 24,522 Other financial liabilities 8 97,438 100,684 Deffered income 11 169,025 391,733 Credit card 6 2,465 1,974 Total current liabilities 528,882 656,479 TOTAL LIABILITIES 528,882 656,479 TOTAL EQUITY AND LIABILITIES 12,447,656 11,531,224 STATEMENT OF FINANCIAL POSITION COSMETIC TOILETRY AND FRAGRANCE ASSOCIATION OF SOUTH AFRICA 25