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State Information Technology Agency SOC Ltd (SITA)
Financial Information
| All Financial Values: R'000 | 2024/25 | 2023/24 | 2022/23 | 2021/22 | 2020/21 |
|---|---|---|---|---|---|
| AUDIT OUTCOME | Qualified | Disclaimer | Qualified | Qualified | Qualified |
| FINANCIAL POSITION | |||||
| Current Assets | 4 918 893 | 4 403 396 | 3 969 668 | 3 420 849 | 3 529 373 |
| Non-Current Assets | 1 741 353 | 1 578 400 | 1 259 656 | 1 233 360 | 1 763 412 |
| Total Assets | 6 660 246 | 5 981 796 | 5 229 324 | 4 654 209 | 5 292 786 |
| Current Liabilities | 1 552 174 | 1 354 041 | 962 403 | 919 806 | 1 357 935 |
| Non-Current Liabilities | 350 932 | 285 197 | 280 649 | 248 191 | 348 702 |
| Total Liabilities | 1 903 106 | 1 639 238 | 1 243 052 | 1 167 997 | 1 706 637 |
| Total Net Assets | 4 757 140 | 4 342 558 | 3 986 275 | 3 486 212 | 3 586 148 |
| FINANCIAL PERFORMANCE | |||||
| Total Revenue | 7 798 994 | 7 140 223 | 6 624 804 | 6 003 100 | 5 794 657 |
| Revenue from Exchange Transactions | 7 798 545 | 7 139 897 | 6 622 296 | 3 003 100 | 5 794 657 |
| Revenue from Non-Exchange Transactions | 540 | 326 | 2 511 | - | - |
| Total Expenditure | (7 384 412) | (6 768 511) | (6 094 084) | (5 566 600) | (5 736 731) |
| Employee Related costs | (1 098 641) | (1 006 393) | (2 057 116) | (979 082) | n/a |
| Surplus/(Deficit) for Year | 414 582 | 371 712 | 530 720 | 436 500 | 57 926 |
| CASH FLOW | Net Cash Flows from Operating Activities | (155 390) | 238 759 | 389 417 | 594 120 | 656 155 | Net Cash Flows from Investing Activities | (423 216) | (424 422) | (152 435) | (192 817) | (265 871) | Cash & Cash Equivalents at End of Year | 1 618 321 | 2 219 662 | 2 437 789 | 2 227 789 | 1 853 992 |
| UIFW EXPENDITURE | |||||
| Unauthorised Expenditure | - | - | - | - | - |
| Irregular Expenditure | 917 822 | 188 288 | 475 114 | 346 471 | 991 445 |
| Fruitless & Wasteful Expenditure | 680 | 504 | 10 864 | 3 723 | 32 525 |
| HUMAN RESOURCES | |||||
| Posts Approved | 4 171 | 3 909 | 3 662 | 3 789 | 3 799 |
| Posts Filled | 3 736 | 3 441 | 3 236 | 3 290 | 3 186 |
| 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.
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