CCMA ANNUAL REPORT

Commission for Conciliation, Mediation and Arbitration Annual Report 2022/23

Financial Statement for the year ended 31 March 2023

Statement of Financial Performance

2022 Restated*

Figures in Rand

Note(s)

2023

Revenue Revenue from exchange transactions Services rendered

5 784 656

6 357 744 1 890 350 6 085 881

Other income

14 15

592 827

Interest received on investments

13 206 252

Gain on foreign exchange

-

581 476

Total revenue from exchange transactions Revenue from non-exchange transactions Transfer revenue Government grants & subsidies

19 583 735

14 915 451

16 18 19 17

1 046 293 000

994 984 000

Conscientious objector (sheriff costs)

1 289 877

1 438 192

Donations received Other transfer revenue

328 250

39 393

12 000 000

8 000 000

Total revenue from non-exchange transactions

1 059 911 127 1 079 494 862

1 004 461 585 1 019 377 036

Total revenue

13

Expenditure Employee related costs Administration expenses

20 21 22 23 24

(617 656 501) (170 519 850) (28 740 255)

(592 578 874) (160 217 273) (27 103 263)

Depreciation and amortisation

Finance costs

(69 494)

(130 860) (4 084 137)

Bargaining councils susbidies Loss on foreign exchange Loss on disposal of assets

(5 008 427) (823 968)

-

(296 711)

(1 136 211) (12 575 962) (181 284 405) (979 110 985)

Operating expenses

25 26

(19 173 071) (230 722 463) (1 073 010 740)

Case disbursement expenses

Total expenditure Surplus for the year

6 484 122

40 266 051

* See Note 35

129