South African Broadcasting Corporation SOC Ltd (SABC)

Financial Information

FINANCIAL POSITION
All Financial Values: R'000	2023/24	2022/23	2021/22	2020/21	2019/20

AUDIT OUTCOME	Financially Unqualified	Disclaimer	Qualified	Qualified	Qualified

Current Assets	1 511 421	1 617 008	2 311 606	2 718 387	3 754 428
Non-Current Assets	2 574 184	3 006 407	3 198 469	3 357 648	2 428 637
Total Assets	4 085 805	4 624 941	5 511 601	6 077 561	6 183 065
Current Liabilities	2 794 113	2 230 894	1 712 813	1 669 818	1 943 493
Non-Current Liabilities	1 328 343	1 374 576	1 338 165	1 426 810	1 245 400
Total Liabilities	4 122 456	3 605 470	3 050 978	3 096 628	3 188 893
Total Net Assets	(36 650)	1 019 471	2 460 623	2 980 934	2 994 172

FINANCIAL PERFORMANCE
Total Revenue	5 221 071	4 810 606	5 131 663	5 051 351	5 740 076
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	(5 418 829)	(5 557 077)	(5 331 868)	(5 581 526)	(6 251 454)
Employee Related costs	(1 913 501)	(2 000 957)	(2 009 154)	(2 672 217)	(2 829 701)
Surplus/(Deficit) for Year	(197 758)	(746 471)	(200 205)	(530 175)	(511 378)

CASH FLOW
Net Cash Flows from Operating Activities	(174 669)	(618 243)	(351 470)	(690 107)	(1 209 867)
Net Cash Flows from Investing Activities	(128 456)	(299 222)	(109 040)	(114 704)	(85 832)
Cash & Cash Equivalents at End of Year	401 341	471 552	1 180 187	1 482 793	2 132 866

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	35 064	34 799	134 105	182 973	233 310
Fruitless & Wasteful Expenditure	60 237	16 394	10 922	21 253	27 398

HUMAN RESOURCES
Posts Approved	2 802	2 802	2 792	2 117	3 351
Posts Filled	2 234	2 270	2 297	2 117	2 979

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.