KwaZulu-Natal Tourism and Film Authority

Overview Management Financial

Tourism KwaZulu-Natal and the KwaZulu-Natal Film Commission have merged to create the KwaZulu-Natal Tourism and Film Authority, effective July 2024. View historical information about the KwaZulu-Natal Film Commission.

Financial Information

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

AUDIT OUTCOME	n/a	Financially Unqualified	Financially Unqualified	Financially Unqualified	Financially Unqualified

Current Assets	n/a	74 852	64 390	63 990	72 251
Non-Current Assets	n/a	1 961	2 225	2 137	2 910
Total Assets	n/a	76 813	66 615	66 127	75 161
Current Liabilities	n/a	48 696	42 550	43 697	77 727
Non-Current Liabilities	n/a	-	-	-	-
Total Liabilities	n/a	48 696	42 550	43 697	77 727
Total Net Assets	n/a	28 117	24 065	22 428	(2 561)

FINANCIAL PERFORMANCE
Total Revenue	n/a	180 444	144 200	129 020	171 330
Revenue from Exchange Transactions	n/a	1 573	361	329	1 502
Revenue from Non-Exchange Transactions	n/a	178 871	143 839	128 691	169 828
Total Expenditure	n/a	(176 392)	(142 563)	(104 026)	(189 191)
Employee Related costs	n/a	(53 044)	(49 978)	n/a	(46 150)
Surplus/(Deficit) for Year	n/a	4 052	1 637	24 994	(17 861)

CASH FLOW
Net Cash Flows from Operating Activities	n/a	10 771	3 332	(5 761)	15 298
Net Cash Flows from Investing Activities	n/a	(920)	(782)	(565)	(925)
Cash & Cash Equivalents at End of Year	n/a	74 155	64 304	61 754	68 080

UIFW EXPENDITURE
Unauthorised Expenditure	n/a	-	-	-	-
Irregular Expenditure	n/a	669	2 412	8 136	25 882
Fruitless & Wasteful Expenditure	n/a	-	-	-	-

HUMAN RESOURCES
Posts Approved	n/a	70	70	70	70
Posts Filled	n/a	61	61	58	59

SOURCE	Annual Report	Annual Report	Annual Report	Annual Report	Annual Report
Note		Tourism KwaZulu-Natal and the KwaZulu-Natal Film Commission have merged to create the KwaZulu-Natal Tourism and Film Authority, effective July 2024. All figures up to the 2022/23 year only reflect Tourism KwaZulu-Natal.

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.