North West Parks and Tourism Board

Overview Management Financial

The North West Parks Board and the North West Tourism Board have merged, effective 1 April 2023. View historical information related to the North West Tourism Board.

Financial Information

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

AUDIT OUTCOME	Disclaimer	Disclaimer	Qualified	Qualified	Qualified

Current Assets	51 203	50 453	61 060	58 360	21 137
Non-Current Assets	586 284	606 288	655 275	638 554	693 391
Total Assets	637 488	656 741	716 335	696 913	714 528
Current Liabilities	222 790	195 799	52 406	49 712	32 692
Non-Current Liabilities	83 963	83 799	1 591	1 754	1 981
Total Liabilities	306 752	279 597	53 996	51 466	34 673
Total Net Assets	330 735	377 144	662 338	645 447	679 855

FINANCIAL PERFORMANCE
Total Revenue	421 029	405 005	240 179	212 627	194 363
Revenue from Exchange Transactions	133 800	145 195	96 388	60 415	55 012
Revenue from Non-Exchange Transactions	287 229	259 810	143 791	152 212	139 351
Total Expenditure	(495 223)	(533 887)	(239 237)	(240 583)	(243 338)
Employee Related costs	(259 828)	(279 000)	(159 648)	(155 007)	(154 420)
Surplus/(Deficit) for Year	(74 194)	(128 883)	355	(28 257)	(51 916)

CASH FLOW
Net Cash Flows from Operating Activities	16 814	19 210	19 860	21 418	(34 920)
Net Cash Flows from Investing Activities	(6 898)	(14 927)	(25)	(1 166)	14 243
Cash & Cash Equivalents at End of Year	16 562	88 009	41 982	22 496	2 593

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	38 707	81 958	1 253	93 396	4 751
Fruitless & Wasteful Expenditure	359	310	8	15	184

HUMAN RESOURCES
Posts Approved	920	974	758	765	1 036
Posts Filled	580	603	457	476	765

SOURCE	Annual Report	Annual Report	Annual Report	Annual Report	Annual Report
Note			The North West Parks Board and the North West Tourism Board have merged, effective 1 April 2023. The financial information above only reflects the North West Parks Board. View financial information relating to the North West Tourism board here.	The North West Parks Board and the North West Tourism Board have merged, effective 1 April 2023. The financial information above only reflects the North West Parks Board. View financial information relating to the North West Tourism board here.

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.