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Small Enterprise Development Agency (SEDA)
The Small Enterprise Development Agency (SEDA) was merged into the the Small Enterprise Development and Finance Agency (SEDFA) in October 2024. Information displayed here is historical information as it existed before the merger.
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 | 1 153 569 | 777 506 | 110 344 | 214 926 | 371 711 |
| Non-Current Assets | 38 045 | 39 372 | 44 619 | 58 565 | 50 931 |
| Total Assets | 1 191 614 | 816 878 | 154 963 | 273 491 | 422 641 |
| Current Liabilities | 472 992 | 539 711 | 162 121 | 285 388 | 171 851 |
| Non-Current Liabilities | 245 | 381 | 508 | 1 470 | 2 917 |
| Total Liabilities | 473 237 | 540 091 | 162 629 | 286 858 | 174 768 |
| Total Net Assets | 718 377 | 276 787 | (7 666) | (13 368) | 247 873 |
| FINANCIAL PERFORMANCE | |||||
| Total Revenue | 1 035 020 | 1 494 356 | 956 868 | 902 233 | 867 725 |
| Revenue from Exchange Transactions | 32 925 | 18 851 | 21 423 | 36 780 | 21 438 |
| Revenue from Non-Exchange Transactions | 1 002 095 | 1 475 504 | 935 444 | 865 453 | 846 286 |
| Total Expenditure | (593 430) | (1 209 903) | (951 166) | (1 163 474) | (748 653) |
| Employee Related costs | (235 427) | (428 892) | (381 145) | (376 707) | (335 333) |
| Surplus/(Deficit) for Year | 441 590 | 284 453 | 5 701 | (261 241) | 119 072 |
| CASH FLOW | Net Cash Flows from Operating Activities | 350 540 | 554 006 | (103 400) | (132 558) | 163 490 | Net Cash Flows from Investing Activities | (4 830) | (10 614) | (3 307) | (21 338) | (23 962) | Cash & Cash Equivalents at End of Year | 972 039 | 626 329 | 82 937 | 189 645 | 343 541 |
| UIFW EXPENDITURE | |||||
| Unauthorised Expenditure | - | - | - | - | - |
| Irregular Expenditure | 4 208 | 139 | 552 | 5 434 | 267 |
| Fruitless & Wasteful Expenditure | 42 | 1 | 403 | 4 | 11 |
| HUMAN RESOURCES | |||||
| Posts Approved | n/a | 713 | 713 | 713 | 137 |
| Posts Filled | n/a | 669 | 661 | 664 | 119 |
| SOURCE | n/a | 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.
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