Mpumalanga Regional Training Trust (MRTT)

Financial Information

FINANCIAL POSITION
All Financial Values: R'000	2024/25	2023/24	2022/23	2021/22	2020/21

AUDIT OUTCOME	Qualified	Qualified	Qualified	Qualified	Financially Unqualified

Current Assets	13 064	15 286	18 704	8 842	56 274
Non-Current Assets	99 525	109 788	87 155	91 559	105 899
Total Assets	112 589	125 074	105 459	100 401	162 173
Current Liabilities	43 133	35 254	27 308	24 237	25 475
Non-Current Liabilities	-	-	-	-	-
Total Liabilities	43 133	35 254	27 308	24 237	25 475
Total Net Assets	69 456	89 820	78 551	76 164	136 699

FINANCIAL PERFORMANCE
Total Revenue	103 723	111 913	112 067	77 434	118 225
Revenue from Exchange Transactions	20 761	32 953	34 529	27 434	24 096
Revenue from Non-Exchange Transactions	82 962	78 960	77 538	50 000	94 129
Total Expenditure	(124 080)	(121 569)	(113 829)	(126 336)	(142 087)
Employee Related costs	(59 234)	(59 998)	(53 243)	(60 875)	(66 267)
Surplus/(Deficit) for Year	(20 357)	(9 657)	(1 762)	(48 902)	(23 862)

CASH FLOW
Net Cash Flows from Operating Activities	(2 028)	1 522	4 201	(49 688)	4 309
Net Cash Flows from Investing Activities	(582)	(1 715)	(294)	(422)	(696)
Cash & Cash Equivalents at End of Year	5 827	8 333	8 536	4 763	54 803

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	16 332	8 971	27 748	73 711	14 157
Fruitless & Wasteful Expenditure	198	415	-	-	-

HUMAN RESOURCES
Posts Approved	142	105	105	n/a	105
Posts Filled	81	81	77	n/a	91

SOURCE	Annual Report	Annual Report	Annual Report	n/a	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.