Eastern Cape Socio-Economic Consultative Council (ECSECC)

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	10 170	16 011	17 290	12 327	20 099
Non-Current Assets	16 115	16 543	13 627	12 917	4 145
Total Assets	26 286	32 553	30 917	25 244	24 244
Current Liabilities	9 277	16 763	17 777	12 685	20 469
Non-Current Liabilities	-	-	384	849	470
Total Liabilities	9 277	16 763	18 161	13 534	20 939
Total Net Assets	17 009	15 790	12 755	11 710	3 305

FINANCIAL PERFORMANCE
Total Revenue	89 583	84 759	73 144	71 166	55 322
Revenue from Exchange Transactions	4 567	5 649	2 521	1 404	1 509
Revenue from Non-Exchange Transactions	85 016	79 109	73 144	69 762	53 813
Total Expenditure	(88 365)	(81 724)	(72 099)	(62 807)	(53 876)
Employee Related costs	(66 844)	(60 712)	(54 903)	(47 827)	(41 097)
Surplus/(Deficit) for Year	1 218	3 035	1 045	8 359	1 446

CASH FLOW
Net Cash Flows from Operating Activities	(4 413)	3 206	7 262	1 619	12 488
Net Cash Flows from Investing Activities	(718)	(5 210)	(2 694)	(9 257)	(1 721)
Cash & Cash Equivalents at End of Year	7 371	12 618	14 801	10 339	18 105

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	-	-	-	-	-
Fruitless & Wasteful Expenditure	3	5	-	-	-

HUMAN RESOURCES
Posts Approved	62	61	59	60	50
Posts Filled	57	58	53	47	39

SOURCE	Annual Report	Annual Report	Annual Report	Annual Report	Annual Report

Annual Reports

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.