Council for Geoscience (CGS)

Financial Information

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

AUDIT OUTCOME	Financially Unqualified	Clean Audit	Clean Audit	Financially Unqualified	Financially Unqualified

Current Assets	245 727	230 268	360 189	380 895	271 316
Non-Current Assets	373 079	381 181	364 667	359 423	348 912
Total Assets	618 806	611 450	724 856	740 318	620 228
Current Liabilities	220 794	273 970	292 308	292 943	161 793
Non-Current Liabilities	15 218	5 979	11 530	11 260	9 254
Total Liabilities	236 012	279 949	303 838	304 203	171 047
Total Net Assets	382 793	331 502	421 019	436 115	449 181

FINANCIAL PERFORMANCE
Total Revenue	860 479	570 975	583 212	525 886	489 277
Revenue from Exchange Transactions	237 079	171 459	256 969	272 193	290 738
Revenue from Non-Exchange Transactions	623 400	399 516	326 243	253 693	198 539
Total Expenditure	(809 188)	(660 492)	(598 308)	(538 892)	(424 230)
Employee Related costs	(362 662)	(345 924)	(340 464)	(337 293)	(280 074)
Surplus/(Deficit) for Year	51 291	(89 517)	(15 096)	(13 006)	65 047

CASH FLOW
Net Cash Flows from Operating Activities	7 557	(64 348)	(22 102)	173 827	69 275
Net Cash Flows from Investing Activities	(36 844)	(58 464)	(43 264)	(47 479)	(90 844)
Cash & Cash Equivalents at End of Year	140 898	170 186	292 997	358 362	232 013

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	-	-	-	1 695	-
Fruitless & Wasteful Expenditure	-	-	-	18 496	-

HUMAN RESOURCES
Posts Approved	n/a	n/a	n/a	n/a	n/a
Posts Filled	458	428	431	n/a	n/a

SOURCE	Annual Report	Annual Report	Annual Report	Annual Report	Annual 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.