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

Financial Information

FINANCIAL POSITION
All Financial Values: R'000	2022/23	2021/22	2020/21	2019/20	2018/19

AUDIT OUTCOME	Clean Audit	Financially Unqualified	Financially Unqualified	Financially Unqualified	Clean Audit

Current Assets	957 704	980 587	872 565	824 022	714 031
Non-Current Assets	5 193	5 650	2 875	2 851	3 594
Total Assets	962 897	986 237	875 440	826 873	717 625
Current Liabilities	33 937	74 324	21 353	37 261	37 510
Non-Current Liabilities	-	-	-	-	-
Total Liabilities	33 937	74 324	21 353	37 261	37 510
Total Net Assets	928 961	911 913	854 087	789 612	680 115

FINANCIAL PERFORMANCE
Total Revenue	538 041	476 479	323 639	455 855	430 924
Revenue from Exchange Transactions	57 621	33 559	31 500	50 254	46 728
Revenue from Non-Exchange Transactions	480 420	442 920	292 139	405 601	384 196
Total Expenditure	(520 992)	(418 653)	(259 163)	(346 359)	(357 457)
Employee Related costs	(35 045)	(25 929)	(18 371)	(17 669)	(13 664)
Surplus/(Deficit) for Year	17 048	57 826	64 476	109 496	73 467

CASH FLOW
Net Cash Flows from Operating Activities	(23 100)	110 691	55 401	105 304	96 631
Net Cash Flows from Investing Activities	(1 722)	(4 712)	(1 215)	(679)	(1 724)
Cash & Cash Equivalents at End of Year	953 110	977 932	871 952	817 767	713 142

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	499	1 157	653	3 598	-
Fruitless & Wasteful Expenditure	-	-	-	-	-

HUMAN RESOURCES
Posts Approved	67	66	54	52	52
Posts Filled	62	57	43	47	41

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.