Health and Welfare Sector Education and Training Authority (HWSETA)

Financial Information

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

AUDIT OUTCOME	Clean Audit	Financially Unqualified	Qualified	Financially Unqualified	Financially Unqualified

Current Assets	840 719	584 364	411 232	412 091	632 511
Non-Current Assets	13 889	13 046	15 103	14 789	15 336
Total Assets	854 608	597 410	426 335	426 881	647 847
Current Liabilities	112 824	184 458	84 158	100 428	122 018
Non-Current Liabilities	-	-	-	-	-
Total Liabilities	112 824	184 458	84 158	100 428	122 018
Total Net Assets	741 784	412 952	342 177	326 453	525 829

FINANCIAL PERFORMANCE
Total Revenue	1 061 656	982 573	943 323	769 891	563 574
Revenue from Exchange Transactions	49 638	31 730	18 848	15 974	28 139
Revenue from Non-Exchange Transactions	1 012 018	950 843	924 475	753 917	535 435
Total Expenditure	(738 893)	(911 798)	(627 635)	(969 267)	(992 900)
Employee Related costs	(134 522)	(128 171)	(118 685)	(113 706)	(104 123)
Surplus/(Deficit) for Year	322 763	70 775	15 688	(199 376)	(429 326)

CASH FLOW
Net Cash Flows from Operating Activities	246 812	186 687	(36 015)	(218 642)	(508 564)
Net Cash Flows from Investing Activities	(4 560)	(3 242)	(2 930)	(2 083)	(2 923)
Cash & Cash Equivalents at End of Year	757 684	515 432	331 987	370 932	591 656

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	559	2 895	4 004	668	565
Fruitless & Wasteful Expenditure	146	1 722	1 172	21	12

HUMAN RESOURCES
Posts Approved	152	152	154	152	152
Posts Filled	144	141	150	148	143

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.