South African Broadcasting Corporation SOC Ltd (SABC)

Financial Information

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

AUDIT OUTCOME	Financially Unqualified	Financially Unqualified	Disclaimer	Qualified	Qualified

Current Assets	1 165 171	1 511 421	1 617 008	2 311 606	2 718 387
Non-Current Assets	5 149 045	2 574 184	3 006 407	3 198 469	3 357 648
Total Assets	6 314 297	4 085 805	4 624 941	5 511 601	6 077 561
Current Liabilities	3 204 865	2 794 112	2 230 894	1 712 813	1 669 818
Non-Current Liabilities	1 370 287	1 328 343	1 374 576	1 338 165	1 426 810
Total Liabilities	4 575 152	4 122 456	3 605 470	3 050 978	3 096 628
Total Net Assets	1 739 145	(36 650)	1 019 471	2 460 623	2 980 934

FINANCIAL PERFORMANCE
Total Revenue	5 216 333	5 221 071	4 810 606	5 131 663	5 051 351
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	(5 469 619)	(5 418 829)	(5 557 077)	(5 331 868)	(5 581 526)
Employee Related costs	(1 907 967)	(1 913 501)	(2 000 957)	(2 009 154)	(2 672 217)
Surplus/(Deficit) for Year	(253 286)	(197 758)	(746 471)	(200 205)	(530 175)

CASH FLOW
Net Cash Flows from Operating Activities	(402 463)	(174 669)	(618 243)	(351 470)	(690 107)
Net Cash Flows from Investing Activities	(128 348)	(128 456)	(299 222)	(109 040)	(114 704)
Cash & Cash Equivalents at End of Year	58 570	401 341	471 552	1 180 187	1 482 793

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	10 322	35 064	34 799	134 105	182 973
Fruitless & Wasteful Expenditure	19 273	60 237	16 066	10 922	21 253

HUMAN RESOURCES
Posts Approved	2 789	2 802	2 802	2 792	2 117
Posts Filled	2 200	2 234	2 270	2 297	2 117

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.