ADVERTISEMENT
Industrial Development Corporation (IDC)
Financial Information
| All Financial Values: R'000 | 2024/25 | 2023/24 | 2022/23 | 2021/22 | 2020/21 |
|---|---|---|---|---|---|
| AUDIT OUTCOME | Financially Unqualified | Financially Unqualified | Financially Unqualified | Financially Unqualified | Financially Unqualified |
| FINANCIAL POSITION | |||||
| Current Assets | n/a | n/a | n/a | n/a | n/a |
| Non-Current Assets | n/a | n/a | n/a | n/a | n/a |
| Total Assets | 134 507 000 | 154 563 000 | 159 323 000 | 164 002 000 | 143 712 000 |
| Current Liabilities | n/a | n/a | n/a | n/a | n/a |
| Non-Current Liabilities | n/a | n/a | n/a | n/a | n/a |
| Total Liabilities | 39 067 000 | 46 333 000 | 50 059 000 | 52 890 000 | 57 695 000 |
| Total Net Assets | 95 440 000 | 108 230 000 | 109 261 000 | 111 112 000 | 86 017 000 |
| FINANCIAL PERFORMANCE | |||||
| Total Revenue | 22 528 000 | 27 759 000 | 29 892 000 | 27 322 000 | 19 427 000 |
| Revenue from Exchange Transactions | n/a | n/a | n/a | n/a | n/a |
| Revenue from Non-Exchange Transactions | n/a | n/a | n/a | n/a | n/a |
| Total Expenditure | (22 199 000) | (20 268 000) | (19 223 000) | (21 031 000) | (19 460 000) |
| Employee Related costs | (3 351 000) | (3 538 000) | (3 017 000) | (2 665 000) | (3 097 000) |
| Surplus/(Deficit) for Year | 329 000 | 7 491 000 | 10 669 000 | 6 291 000 | (33 000) |
| CASH FLOW | Net Cash Flows from Operating Activities | 843 000 | 1 868 000 | 1 327 000 | 586 000 | 7 245 000 | Net Cash Flows from Investing Activities | (5 665 000) | (1 004 000) | (714 000) | (371 000) | 102 000 | Cash & Cash Equivalents at End of Year | 7 480 000 | 12 345 000 | 11 524 000 | 11 671 000 | 16 149 000 |
| UIFW EXPENDITURE | |||||
| Unauthorised Expenditure | - | - | - | - | - |
| Irregular Expenditure | 4 463 000 | 5 941 000 | 8 163 | 5 779 297 | 3 699 975 |
| Fruitless & Wasteful Expenditure | - | - | 452 | 5 112 | 4 433 |
| HUMAN RESOURCES | |||||
| Posts Approved | n/a | n/a | n/a | n/a | n/a |
| Posts Filled | n/a | n/a | n/a | n/a | n/a |
| SOURCE | Annual Report | Annual Report | Annual Report | Annual Report | Annual Report |
| Note | Not audited by AGSA. Independent Audit Report. | Not audited by AGSA. Independent Audit Report. | Not audited by AGSA. Independent Audit Report. | Not audited by AGSA. Independent Audit Report. | Not audited by AGSA. Independent Audit 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.
ADVERTISEMENT
ADVERTISEMENT