Unemployment Insurance Fund (UIF)

Financial Information

FINANCIAL POSITION
All Financial Values: R'000	2023/24	2022/23	2021/22	2020/21	2019/20

AUDIT OUTCOME	Audit not Finalised	Qualified	Qualified	Qualified	Qualified

Current Assets	n/a	57 320 831	58 008 102	66 912 596	66 912 597
Non-Current Assets	n/a	78 647 908	67 186 741	86 981 782	85 861 290
Total Assets	n/a	135 968 739	125 194 843	153 894 378	152 773 887
Current Liabilities	n/a	21 710 883	20 585 765	19 088 593	9 753 252
Non-Current Liabilities	n/a	18 047	18 718	25 755	25 755
Total Liabilities	n/a	21 728 930	20 604 483	19 114 348	9 779 007
Total Net Assets	n/a	114 239 809	104 590 360	134 780 030	142 994 880

FINANCIAL PERFORMANCE
Total Revenue	n/a	34 696 547	30 713 385	32 323 255	33 290 583
Revenue from Exchange Transactions	n/a	10 880 174	8 094 575	11 775 090	12 742 418
Revenue from Non-Exchange Transactions	n/a	23 816 373	22 618 810	20 548 165	20 548 165
Total Expenditure	n/a	(25 047 098)	(21 286 896)	(38 820 626)	(45 212 643)
Employee Related costs	n/a	(1 604 833)	(1 515 610)	(1 461 633)	(1 461 633)
Surplus/(Deficit) for Year	n/a	9 649 449	9 426 489	(6 497 371)	(11 922 060)

CASH FLOW
Net Cash Flows from Operating Activities	n/a	5 406 085	(4 737 353)	8 567 192	1 797 843
Net Cash Flows from Investing Activities	n/a	(11 371 076)	(9 484 534)	(9 285 962)	(2 516 612)
Cash & Cash Equivalents at End of Year	n/a	2 563 666	8 888 653	3 498 077	3 498 077

UIFW EXPENDITURE
Unauthorised Expenditure	n/a	-	-	-	-
Irregular Expenditure	n/a	49 243	24 554	17 984	393
Fruitless & Wasteful Expenditure	n/a	6 931	129 630	128 481	-

HUMAN RESOURCES
Posts Approved	n/a	602	602	n/a	602
Posts Filled	n/a	573	543	n/a	559

SOURCE	n/a	Annual Report	Annual Report	n/a	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.