Health and Welfare Sector Education and Training Authority (HWSETA)

Financial Information

FINANCIAL POSITION
All Financial Values: R'000	2022/23	2021/22	2020/21	2019/20	2018/19

AUDIT OUTCOME	Qualified	Financially Unqualified	Financially Unqualified	Financially Unqualified	Financially Unqualified

Current Assets	411 232	412 091	632 511	1 114 582	1 156 595
Non-Current Assets	15 103	14 789	15 336	14 999	13 492
Total Assets	426 335	426 881	647 847	1 129 581	1 170 087
Current Liabilities	102 112	100 428	122 018	174 426	109 235
Non-Current Liabilities	-	-	-	-	-
Total Liabilities	102 112	100 428	122 018	174 426	109 235
Total Net Assets	324 223	326 453	525 829	995 155	1 060 852

FINANCIAL PERFORMANCE
Total Revenue	943 323	769 891	563 574	787 820	699 475
Revenue from Exchange Transactions	19 764	15 974	28 139	65 163	62 730
Revenue from Non-Exchange Transactions	923 559	753 917	535 435	722 657	636 745
Total Expenditure	(945 589)	(969 267)	(992 900)	(893 517)	(574 487)
Employee Related costs	(118 685)	(113 706)	(104 123)	(92 643)	(78 377)
Surplus/(Deficit) for Year	(2 266)	(199 376)	(429 326)	(105 697)	124 988

CASH FLOW
Net Cash Flows from Operating Activities	(36 017)	(218 642)	(508 564)	(42 956)	155 025
Net Cash Flows from Investing Activities	(298)	(2 083)	(2 923)	(3 640)	(1 961)
Cash & Cash Equivalents at End of Year	331 987	370 932	591 656	1 103 143	1 149 739

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	4 004	668	565	197 787	-
Fruitless & Wasteful Expenditure	1 172	21	12	195	6

HUMAN RESOURCES
Posts Approved	154	152	152	152	136
Posts Filled	150	148	143	143	119

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.