KwaZulu-Natal Amafa and Research Institute

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	Financially Unqualified	Financially Unqualified	Clean Audit

Current Assets	n/a	52 247	63 830	61 279	56 687
Non-Current Assets	n/a	49 036	49 132	48 395	46 125
Total Assets	n/a	101 283	112 961	109 674	102 812
Current Liabilities	n/a	6 120	5 719	4 090	2 108
Non-Current Liabilities	n/a	-	-	-	-
Total Liabilities	n/a	6 120	5 719	4 090	2 108
Total Net Assets	n/a	95 162	107 242	105 583	100 704

FINANCIAL PERFORMANCE
Total Revenue	n/a	69 969	71 428	62 953	53 136
Revenue from Exchange Transactions	n/a	9 092	6 677	3 727	2 882
Revenue from Non-Exchange Transactions	n/a	60 877	64 751	59 226	50 254
Total Expenditure	n/a	(82 049)	(69 769)	(58 074)	(35 228)
Employee Related costs	n/a	(37 635)	(29 947)	(27 826)	(24 702)
Surplus/(Deficit) for Year	n/a	(12 080)	1 659	4 880	17 908

CASH FLOW
Net Cash Flows from Operating Activities	n/a	(7 906)	2 885	7 835	15 714
Net Cash Flows from Investing Activities	n/a	(1 897)	(2 201)	(3 099)	(900)
Cash & Cash Equivalents at End of Year	n/a	51 906	61 709	61 025	56 288

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	1 035	-	8 146	20 924	368
Fruitless & Wasteful Expenditure	-	-	-	17	18

HUMAN RESOURCES
Posts Approved	n/a	137	138	137	198
Posts Filled	n/a	79	89	72	139

SOURCE	n/a	Annual Report	Annual Report	Annual Report	Annual Report
Note

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.