Council on Higher Education (CHE)

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	Financially Unqualified	Financially Unqualified

Current Assets	3 287	16 160	19 344	38 003	35 866
Non-Current Assets	38 490	39 315	39 013	36 032	33 264
Total Assets	61 778	55 475	58 357	74 035	69 130
Current Liabilities	15 932	10 734	15 554	13 339	12 809
Non-Current Liabilities	-	-	-	-	-
Total Liabilities	15 932	10 734	15 554	13 339	12 809
Total Net Assets	45 845	44 741	42 803	60 697	56 320

FINANCIAL PERFORMANCE
Total Revenue	99 436	98 540	86 201	79 908	76 169
Revenue from Exchange Transactions	10 950	9 687	6 765	8 002	7 006
Revenue from Non-Exchange Transactions	88 485	88 853	79 436	71 906	69 162
Total Expenditure	(98 331)	(96 602)	(102 901)	(75 532)	(71 175)
Employee Related costs	(46 695)	(41 492)	(45 413)	(39 905)	(37 563)
Surplus/(Deficit) for Year	1 105	1 938	(16 700)	4 376	4 993

CASH FLOW
Net Cash Flows from Operating Activities	8 089	272	(11 212)	5 569	(1 648)
Net Cash Flows from Investing Activities	(2 267)	(3 412)	(7 183)	(4 464)	(731)
Cash & Cash Equivalents at End of Year	20 632	14 540	17 679	36 075	34 970

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	-	15	-	-	-
Fruitless & Wasteful Expenditure	-	104	20	1	-

HUMAN RESOURCES
Posts Approved	52	52	52	52	52
Posts Filled	40	41	44	45	44

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