127363 Gauteng Sports 2020.indb

GAUTENG DEPARTMENT OF SPORT, ARTS, CULTUREAND RECREATION: VOTE 12 STATEMENT OF FINANCIAL PERFORMANCE for the year ended 31 March 2020

Note 2019/20

2018/19

R’000

R’000

REVENUE Annual appropriation Departmental revenue

969 303

1 008 196

1

368

524

2

TOTAL REVENUE

969 671

1 008 720

EXPENDITURE Current expenditure Compensation of employees

283 876 267 964

250 629 238 820

3

Goods and services

4

Interest and rent on land Total current expenditure

10

3

5

551 850

489 452

Transfers and subsidies Transfers and subsidies

287 696 287 696

251 402 251 402

7

Total transfers and subsidies Expenditure for capital assets Tangible assets

37 980

140 790

8

Intangible assets

-

-

8

Total expenditure for capital assets

37 980

140 790 30 773

Unauthorised expenditure approved without funding

-

9

Payments for ¿ nancial assets

192

-

6

TOTAL EXPENDITURE

877 718

912 417

SURPLUS FOR THE YEAR

91 953

96 303

Reconciliation of Net Surplus for the year Voted funds

91 585 69 731 21 854

95 779 75 197 20 582

Annual appropriation Conditional grants

Departmental revenue and PRF Receipts

368

524

14

SURPLUS FOR THE YEAR

91 953

96 303

272

2019/20 ANNUAL FINANCIAL STATEMENTS