Mpumalanga Economic Regulator (MER)

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	184 167	127 274	100 311	68 519	42 967
Non-Current Assets	48 056	31 709	32 075	30 171	29 481
Total Assets	232 223	158 983	132 386	98 690	72 448
Current Liabilities	184 106	113 301	86 143	60 933	38 671
Non-Current Liabilities	1 529	1 530	1 416	1 062	1 018
Total Liabilities	185 634	114 831	87 560	61 995	39 689
Total Net Assets	46 589	44 152	44 826	36 694	32 759

FINANCIAL PERFORMANCE
Total Revenue	133 517	111 236	113 408	101 260	85 748
Revenue from Exchange Transactions	5 732	4 191	2 084	459	521
Revenue from Non-Exchange Transactions	127 785	107 045	111 324	100 801	85 227
Total Expenditure	(113 607)	(111 910)	(105 276)	(98 314)	(85 594)
Employee Related costs	(70 340)	(64 985)	(62 283)	(63 300)	(56 212)
Surplus/(Deficit) for Year	19 910	(674)	8 132	2 946	147

CASH FLOW
Net Cash Flows from Operating Activities	30 798	3 268	13 178	7 653	(1 965)
Net Cash Flows from Investing Activities	(22 744)	(2 207)	(4 062)	(1 734)	(1 769)
Cash & Cash Equivalents at End of Year	35 733	41 791	40 367	32 251	25 331

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

HUMAN RESOURCES
Posts Approved	91	80	80	82	84
Posts Filled	86	83	75	75	77

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.