National Agricultural Marketing Council (NAMC)

Financial Information

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

AUDIT OUTCOME	Financially Unqualified	Qualified	Financially Unqualified	Financially Unqualified	Financially Unqualified

Current Assets	25 189	45 849	41 378	49 929	59 621
Non-Current Assets	2 162	2 769	3 359	3 573	3 541
Total Assets	27 351	48 618	44 737	53 502	63 162
Current Liabilities	12 839	32 161	31 052	42 338	52 195
Non-Current Liabilities	-	-	-	44	155
Total Liabilities	12 839	32 161	31 052	42 382	52 530
Total Net Assets	14 512	16 457	13 685	11 120	10 812

FINANCIAL PERFORMANCE
Total Revenue	53 345	55 206	54 294	54 484	77 463
Revenue from Exchange Transactions	5 123	3 929	2 855	2 997	4 105
Revenue from Non-Exchange Transactions	48 222	51 277	51 439	51 487	73 358
Total Expenditure	(55 321)	(52 114)	(51 578)	(54 353)	(67 879)
Employee Related costs	(36 407)	(35 861)	(37 950)	(37 712)	(45 276)
Surplus/(Deficit) for Year	(1 976)	3 092	2 703	24	2 251

CASH FLOW
Net Cash Flows from Operating Activities	(17 463)	1 805	(5 761)	(6 574)	48 553
Net Cash Flows from Investing Activities	(228)	(664)	(551)	(860)	(3 715)
Cash & Cash Equivalents at End of Year	23 879	41 570	40 469	46 948	54 558

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	-	25	2 114	6 012	30 172
Fruitless & Wasteful Expenditure	1	33	-	42	-

HUMAN RESOURCES
Posts Approved	62	60	60	49	49
Posts Filled	45	39	44	45	47

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.