South African Nursing Council (SANC)

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	887 072	832 827	763 039	700 834	668 363
Non-Current Assets	60 921	59 793	59 715	65 529	65 584
Total Assets	947 993	892 620	822 753	766 363	733 948
Current Liabilities	56 401	57 399	56 926	60 088	67 078
Non-Current Liabilities	22 648	20 312	23 372	25 279	25 309
Total Liabilities	79 049	77 711	80 298	85 367	92 387
Total Net Assets	868 944	814 908	742 455	680 996	641 561

FINANCIAL PERFORMANCE
Total Revenue	242 226	238 249	213 287	177 018	178 691
Revenue from Exchange Transactions	n/a	n/a	n/a	n/a	n/a
Revenue from Non-Exchange Transactions	n/a	n/a	n/a	n/a	n/a
Total Expenditure	(188 191)	(169 824)	(151 820)	(139 225)	(124 255)
Employee Related costs	(118 599)	(110 832)	(94 893)	(90 889)	(87 433)
Surplus/(Deficit) for Year	54 035	68 425	61 467	37 792	54 436

CASH FLOW
Net Cash Flows from Operating Activities	69 243	74 872	66 069	39 334	61 307
Net Cash Flows from Investing Activities	(5 386)	(4 450)	(3 988)	(7 021)	(2 640)
Cash & Cash Equivalents at End of Year	877 166	816 408	749 071	689 993	660 639

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

HUMAN RESOURCES
Posts Approved	n/a	n/a	n/a	n/a	n/a
Posts Filled	181	191	n/a	n/a	n/a

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.

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.