Academy of Science of South Africa (ASSAf)

Financial Information

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

AUDIT OUTCOME	Clean Audit	Clean Audit	Clean Audit	Clean Audit	Clean Audit

Current Assets	8 753	12 695	35 610	27 739	20 754
Non-Current Assets	24 417	24 706	508	526	109
Total Assets	33 169	37 400	36 118	28 266	20 863
Current Liabilities	7 178	12 249	13 613	10 847	12 546
Non-Current Liabilities	-	-	-	-	-
Total Liabilities	7 178	12 249	13 613	10 847	12 546
Total Net Assets	25 991	25 151	22 505	17 418	8 317

FINANCIAL PERFORMANCE
Total Revenue	43 130	44 222	41 632	38 623	35 631
Revenue from Exchange Transactions	3 552	3 482	2 511	1 624	1 576
Revenue from Non-Exchange Transactions	39 578	40 740	39 121	36 999	34 055
Total Expenditure	(42 290)	(41 576)	(36 546)	(29 521)	(35 069)
Employee Related costs	(25 761)	(24 500)	(22 398)	(20 784)	(26 928)
Surplus/(Deficit) for Year	840	2 646	5 086	9 102	561

CASH FLOW
Net Cash Flows from Operating Activities	(3 927)	2 313	6 973	8 233	664
Net Cash Flows from Investing Activities	211	(8 777)	(1 111)	(1 255)	(875)
Cash & Cash Equivalents at End of Year	8 224	11 940	18 404	12 542	5 565

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	-	-	-	-	-
Fruitless & Wasteful Expenditure	-	-	-	-	-

HUMAN RESOURCES
Posts Approved	31	31	31	42	39
Posts Filled	30	31	29	29	34

SOURCE	Annual Report	Annual Report	Annual Report	Annual Report	Annual Report
Note		Not audited by AGSA. Independent Audit Report.	Not audited by AGSA. Independent Audit Report.	Not audited by AGSA. Independent Audit Report.	Not audited by AGSA. Independent Audit 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.