Freedom Park - Financial

Financial Information

FINANCIAL POSITION
All Financial Values: R'000	2024/25	2023/24	2022/23	2021/22	2020/21

AUDIT OUTCOME	Financially Unqualified	Qualified	Qualified	Financially Unqualified	Financially Unqualified

Current Assets	27 010	39 654	98 086	92 599	75 544
Non-Current Assets	666 253	669 573	474 663	435 898	446 408
Total Assets	693 262	709 227	572 749	528 497	521 952
Current Liabilities	29 170	38 044	75 563	76 162	67 290
Non-Current Liabilities	5 631 645	5 385 326	5 138 952	5 203 560	4 940 314
Total Liabilities	5 660 814	5 423 370	5 214 514	5 279 722	5 007 603
Total Net Assets	(4 967 552)	(4 715 143)	(4 641 766)	(4 751 224)	(4 485 651)

FINANCIAL PERFORMANCE
Total Revenue	136 179	136 774	156 175	117 938	98 768
Revenue from Exchange Transactions	11 851	8 283	8 448	3 931	2 334
Revenue from Non-Exchange Transactions	124 327	128 490	147 728	114 007	96 434
Total Expenditure	(389 307)	(384 370)	(376 644)	(383 512)	(566 030)
Employee Related costs	(61 407)	(58 948)	(58 316)	(60 158)	(61 397)
Surplus/(Deficit) for Year	(253 128)	(247 596)	(220 469)	(265 573)	(467 261)

CASH FLOW
Net Cash Flows from Operating Activities	(2 162)	(18 507)	30 776	21 077	7 525
Net Cash Flows from Investing Activities	(13 280)	(18 002)	(20 568)	(4 185)	(1 777)
Cash & Cash Equivalents at End of Year	21 154	36 595	95 496	90 934	74 043

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	3 883	-	48	2 890	1 193
Fruitless & Wasteful Expenditure	-	-	31	690	6

HUMAN RESOURCES
Posts Approved	92	90	103	91	95
Posts Filled	81	90	90	91	89

SOURCE	Annual Report	Annual Report	Annual Report	Annual Report	Annual Report

The information in this directory is compiled from various sources and is subject to continual change. If you notice any errors or omissions, contact us so that we may correct them.