KwaZulu-Natal Museum

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	342 001	319 609	319 609	239 012	130 900
Non-Current Assets	57 806	57 002	57 002	57 068	57 902
Total Assets	399 807	376 611	376 611	296 080	188 802
Current Liabilities	343 047	320 934	320 934	239 666	131 252
Non-Current Liabilities	-	-	-	-	-
Total Liabilities	343 047	320 934	320 934	239 666	131 252
Total Net Assets	56 760	55 676	55 676	56 414	57 550

FINANCIAL PERFORMANCE
Total Revenue	55 826	56 453	56 453	56 228	50 668
Revenue from Exchange Transactions	1 885	2 980	2 980	869	926
Revenue from Non-Exchange Transactions	53 941	53 473	53 473	55 358	49 742
Total Expenditure	(54 742)	(56 485)	(56 485)	(57 363)	(54 613)
Employee Related costs	(32 187)	(31 893)	(31 893)	(31 942)	(30 480)
Surplus/(Deficit) for Year	1 084	(32)	(32)	(1 136)	(3 946)

CASH FLOW
Net Cash Flows from Operating Activities	1 207	404	404	1 944	(2 613)
Net Cash Flows from Investing Activities	(531)	(218)	(218)	(518)	(685)
Cash & Cash Equivalents at End of Year	340 664	318 086	318 086	238 253	130 020

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	94	-	-	-	-
Fruitless & Wasteful Expenditure	-	-	-	-	-

HUMAN RESOURCES
Posts Approved	81	80	76	80	66
Posts Filled	75	77	76	80	66

SOURCE	Annual Report	Annual Report	Annual Report	Annual Report	Annual Report
Note

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.