SAHPRA is a Public Finance Management Act (PFMA, 1999, as amended) Schedule 3A public entity under NDoH. SAHPRA manages its assets in line with its Asset Management Policy and has not embarked on any infrastructure projects and did not close down or downgrade any facilities during the year.

No maintenance activities were undertaken during the year as the entity did not own significant infrastructure or moveable assets that required continuous maintenance. SAHPRA has current office accommodation lease arrangements for its head and regional offices and the rental expenses associated with the new operating lease agreement was appropriately disclosed in the notes of annual financial statements.

A significant portion of SAHPRA’s assets for the 2021/22 financial year comprises newly-acquired assets. These acquisitions amounted to R5.6 million on 31 March 2022. The new acquisitions include other fixed assets (R295 243), computer equipment (R2 857 938), furniture (R63 592), motor vehicles (R971 954) and intangible assets (R1 294 018). The disposals for the year comprised old furniture and computer equipment which were transferred from NDoH and were no longer in use or had been replaced, which were either sold or donated. A significant portion of these assets was fully depreciated.

SAHPRA has an Asset Management Unit within its Finance Department that is responsible for updating the asset register including all asset transactions such as receipts, movements, disposals, useful life assessments and other changes. The unit conducts asset verifications at least twice a year in terms of the approved Asset Management Policy.