International Trade Administration Commission of South Africa (ITAC)

Financial Information

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

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

Current Assets	49 931	38 275	24 660	25 234	17 967
Non-Current Assets	1 296	1 265	364	941	1 664
Total Assets	51 227	39 540	25 024	26 265	19 631
Current Liabilities	20 774	16 412	18 143	18 172	15 341
Non-Current Liabilities	-	-	-	-	-
Total Liabilities	20 774	16 412	18 143	18 172	15 341
Total Net Assets	30 453	23 128	6 881	8 093	4 290

FINANCIAL PERFORMANCE
Total Revenue	113 576	114 862	97 958	113 023	107 640
Revenue from Exchange Transactions	5 017	2 384	1 960	1 595	1 056
Revenue from Non-Exchange Transactions	108 559	112 478	95 998	111 428	106 584
Total Expenditure	(106 252)	(98 615)	(99 174)	(109 220)	(104 269)
Employee Related costs	(82 457)	(82 682)	(81 923)	(86 165)	(84 433)
Surplus/(Deficit) for Year	7 325	16 247	(1 216)	3 803	3 371

CASH FLOW
Net Cash Flows from Operating Activities	10 339	14 787	(364)	7 096	4 624
Net Cash Flows from Investing Activities	(483)	(1 150)	-	5	19
Cash & Cash Equivalents at End of Year	47 663	37 807	24 170	24 534	17 432

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	-	-	-	57	-
Fruitless & Wasteful Expenditure	-	-	-	10	-

HUMAN RESOURCES
Posts Approved	131	131	131	n/a	n/a
Posts Filled	99	98	101	105	110

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.

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.