Food and Beverage Manufacturing Industry Sector Education and Training Authority (FoodBev Manufacturing SETA)

Financial Information

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

AUDIT OUTCOME	Qualified	Clean Audit	Clean Audit	Financially Unqualified	Financially Unqualified

Current Assets	898 108	998 572	957 704	980 587	872 565
Non-Current Assets	9 357	5 448	5 193	5 650	2 875
Total Assets	907 465	1 004 020	962 897	986 237	875 440
Current Liabilities	194 869	173 193	33 937	74 324	21 353
Non-Current Liabilities	66	-	-	-	-
Total Liabilities	194 936	173 193	33 937	74 324	21 353
Total Net Assets	712 529	830 827	928 961	911 913	854 087

FINANCIAL PERFORMANCE
Total Revenue	650 997	590 465	538 041	476 479	323 639
Revenue from Exchange Transactions	75 215	79 943	57 621	33 559	31 500
Revenue from Non-Exchange Transactions	575 782	510 522	480 420	442 920	292 139
Total Expenditure	(769 293)	(688 599)	(520 992)	(418 653)	(259 163)
Employee Related costs	(35 570)	(33 896)	(32 045)	(25 929)	(18 371)
Surplus/(Deficit) for Year	(118 297)	(98 135)	17 048	57 826	64 476

CASH FLOW
Net Cash Flows from Operating Activities	(91 667)	45 396	(23 100)	110 691	55 401
Net Cash Flows from Investing Activities	(8 201)	(3 206)	(1 722)	(4 712)	(1 215)
Cash & Cash Equivalents at End of Year	895 432	995 299	953 110	977 932	871 952

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	-	-	499	1 157	653
Fruitless & Wasteful Expenditure	-	-	-	-	-

HUMAN RESOURCES
Posts Approved	72	80	80	66	54
Posts Filled	68	68	62	57	43

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.