Ombudsman for Banking Services

Financial Information

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

AUDIT OUTCOME	Clean Audit	Clean Audit	Clean Audit	Clean Audit

Current Assets	37 073	36 016	35 690	29 918
Non-Current Assets	247	267	264	762
Total Assets	37 320	36 283	35 954	30 681
Current Liabilities	29 337	29 541	31 417	28 332
Non-Current Liabilities	-	-	-	-
Total Liabilities	29 337	29 541	31 417	28 332
Total Net Assets	7 982	6 742	4 537	2 349

FINANCIAL PERFORMANCE
Total Revenue	35 503	33 062	32 223	32 522
Revenue from Exchange Transactions	n/a	n/a	n/a	n/a
Revenue from Non-Exchange Transactions	n/a	n/a	n/a	n/a
Total Expenditure	(34 263)	(30 857)	(30 034)	(30 272)
Employee Related costs	(27 308)	(24 465)	(22 543)	(20 787)
Surplus/(Deficit) for Year	1 240	2 204	2 189	2 250

CASH FLOW
Net Cash Flows from Operating Activities	607	346	6 284	(147)
Net Cash Flows from Investing Activities	(166)	(214)	(73)	(56)
Cash & Cash Equivalents at End of Year	35 946	35 505	35 373	29 161

UIFW EXPENDITURE
Unauthorised Expenditure	n/a	n/a	n/a	n/a
Irregular Expenditure	n/a	n/a	n/a	n/a
Fruitless & Wasteful Expenditure	n/a	n/a	n/a	n/a

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

SOURCE	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.