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Industrial Development Corporation (IDC)
Financial Information
| All Financial Values: R'000 | 2022/23 | 2021/22 | 2020/21 | 2019/20 | 2018/19 |
|---|---|---|---|---|---|
| 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 | 159 323 000 | 164 002 000 | 143 712 000 | 109 631 000 | 144 607 000 |
| 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 | 51 023 000 | 52 890 000 | 57 695 000 | 49 441 000 | 49 304 000 |
| Total Net Assets | 108 300 000 | 111 112 000 | 86 017 000 | 60 190 000 | 95 303 000 |
| FINANCIAL PERFORMANCE | |||||
| Total Revenue | 29 892 000 | 27 322 000 | 19 427 000 | 19 566 000 | 19 430 000 |
| 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 | (19 223 000) | (21 031 000) | (19 460 000) | (23 355 000) | (18 710 000) |
| Employee Related costs | (3 017 000) | (2 665 000) | (3 097 000) | (2 939 000) | (2 325 000) |
| Surplus/(Deficit) for Year | 10 669 000 | 6 291 000 | (33 000) | (3 789 000) | 720 000 |
| CASH FLOW | Net Cash Flows from Operating Activities | 1 327 000 | 586 000 | 7 245 000 | 2 169 000 | 5 412 000 | Net Cash Flows from Investing Activities | (714 000) | (371 000) | 102 000 | (3 042 000) | (1 694 000) | Cash & Cash Equivalents at End of Year | 12 219 000 | 11 671 000 | 16 149 000 | 8 694 000 | 9 760 000 |
| UIFW EXPENDITURE | |||||
| Unauthorised Expenditure | - | - | - | - | - |
| Irregular Expenditure | 7 579 288 | 5 779 297 | 3 699 975 | 2 674 948 | 5 691 |
| Fruitless & Wasteful Expenditure | 452 | 5 112 | 4 433 | 3 195 | 444 |
| 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.
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