ADVERTISEMENT
Umalusi - Council for Quality Assurance in General and Further Education and Training
Financial Information
| All Financial Values: R'000 | 2024/25 | 2023/24 | 2022/23 | 2021/22 | 2020/21 |
|---|---|---|---|---|---|
| AUDIT OUTCOME | Clean Audit | Financially Unqualified | Financially Unqualified | Clean Audit | Clean Audit |
| FINANCIAL POSITION | |||||
| Current Assets | 33 108 | 44 869 | 52 919 | 59 245 | 51 403 |
| Non-Current Assets | 77 578 | 85 438 | 71 744 | 66 912 | 56 725 |
| Total Assets | 110 685 | 130 308 | 124 663 | 126 158 | 108 128 |
| Current Liabilities | 36 209 | 28 301 | 29 062 | 20 660 | 18 147 |
| Non-Current Liabilities | 4 377 | 5 519 | 9 549 | 9 921 | 9 092 |
| Total Liabilities | 40 587 | 33 820 | 38 611 | 30 581 | 27 239 |
| Total Net Assets | 70 099 | 96 487 | 86 051 | 95 576 | 80 868 |
| FINANCIAL PERFORMANCE | |||||
| Total Revenue | 216 627 | 205 986 | 199 115 | 186 191 | 156 309 |
| Revenue from Exchange Transactions | 48 030 | 43 041 | 37 084 | 27 787 | 19 905 |
| Revenue from Non-Exchange Transactions | 168 598 | 162 945 | 162 031 | 157 404 | 136 404 |
| Total Expenditure | (243 016) | (206 824) | (183 678) | (177 624) | (163 310) |
| Employee Related costs | (105 563) | (93 307) | (87 058) | (85 506) | (85 571) |
| Surplus/(Deficit) for Year | (26 388) | (838) | 15 437 | 8 567 | (7 001) |
| CASH FLOW | Net Cash Flows from Operating Activities | (10 498) | (2 661) | 27 225 | 17 246 | 4 011 | Net Cash Flows from Investing Activities | (2 756) | (9 174) | (36 589) | (8 553) | (2 462) | Cash & Cash Equivalents at End of Year | 19 023 | 32 276 | 44 111 | 53 475 | 44 782 |
| UIFW EXPENDITURE | |||||
| Unauthorised Expenditure | - | - | - | - | - |
| Irregular Expenditure | - | 485 | - | 29 | 4 434 |
| Fruitless & Wasteful Expenditure | 7 | 1 075 | - | - | - |
| HUMAN RESOURCES | |||||
| Posts Approved | 151 | 151 | 138 | 138 | 143 |
| Posts Filled | 144 | 144 | 127 | 129 | 143 |
| 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. | 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.
ADVERTISEMENT
ADVERTISEMENT