Mining Qualifications Authority (MQA)

Financial Information

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

AUDIT OUTCOME	Clean Audit	Clean Audit	Clean Audit	Clean Audit	Financially Unqualified

Current Assets	714 291	1 043 946	1 120 533	1 088 724	1 052 853
Non-Current Assets	73 080	67 494	66 798	49 894	53 587
Total Assets	787 371	1 111 440	1 187 330	1 138 618	1 106 441
Current Liabilities	492 554	373 079	332 758	282 278	289 563
Non-Current Liabilities	-	-	-	-	-
Total Liabilities	492 554	373 079	332 758	282 278	289 563
Total Net Assets	294 817	738 362	854 572	856 340	816 878

FINANCIAL PERFORMANCE
Total Revenue	1 709 151	1 676 457	1 593 902	1 384 615	947 718
Revenue from Exchange Transactions	70 814	86 519	68 563	45 643	48 900
Revenue from Non-Exchange Transactions	1 638 337	1 589 938	1 525 340	1 338 972	898 818
Total Expenditure	(2 152 687)	(1 792 469)	(1 614 156)	(1 344 731)	(868 627)
Employee Related costs	n/a	(100 297)	(94 959)	(78 672)	(80 893)
Surplus/(Deficit) for Year	(443 544)	(116 211)	(20 359)	39 865	79 011

CASH FLOW
Net Cash Flows from Operating Activities	(315 172)	(47 530)	12 546	37 601	9 543
Net Cash Flows from Investing Activities	(13 411)	(7 358)	(3 979)	(2 071)	(1 413)
Cash & Cash Equivalents at End of Year	705 770	1 034 353	1 089 241	1 080 674	1 045 144

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	299	19	20 534	61	58
Fruitless & Wasteful Expenditure	18	-	-	-	103

HUMAN RESOURCES
Posts Approved	192	147	147	157	123
Posts Filled	156	123	126	119	102

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.