CCMA ANNUAL REPORT

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

Financial Statement for the year ended 31 March 2023 Statement of Comparison of Budget and Actual Amounts

Budget on Accrual Basis

Actual amounts on comparable basis

Difference between final budget and actual

Approved budget

Reference

Adjustments Final Budget

Figures in Rand

Statement of financial performance Revenue Revenue from exchange transactions Services rendered

4 812 000

972 656 592 827

4 812 000

- - -

5 784 656

34 34 34

-

592 827

Other income

-

5 036 000 9 848 000

8 170 252 9 735 735

13 206 252 19 583 735

Interest received on investments

5 036 000 9 848 000

Total revenue from exchange transactions Revenue from non-exchange transactions Transfer revenue Government grant and subsidies Conscientious objector funding (sheriff costs)

-

1 046 293 000

- - -

1 046 293 000

-

34 34 34 34 34

1 046 293 000

1 500 000

(210 123)

1 289 877

1 500 000

-

328 250

328 250

Donations received Other transfer revenue

-

12 000 000 30 519 622

-

5 000 000

7 000 000 30 519 622

12 000 000

(30 519 622)

-

Retention of Roll Over Surplus Total revenue from non-exchange transactions

-

1 052 793 000

37 519 622

1 090 312 1 059 911 127

(30 401 495)

Expenditure Employee related costs Administration expenses

(617 620 558) (185 338 070) (35 049 296) (2 413 154) (6 643 376) (25 848 810) (227 114 481)

(35 943)

(608 927 388) (183 261 905) (33 787 710) (2 307 492) (6 646 598) (28 859 588) (198 710 319) (1 062 501 000)

(8 693 170) (2 076 165) (1 261 586) (105 662)

(617 656 501) (170 519 850) (28 740 255) (5 008 427) (19 173 071) (230 722 463) 7 604 801 (823 968) (296 711) (1 120 679) (69 494)

34 34 34 34 34 34 34

14 818 220 6 309 041 2 343 660 1 634 949 6 675 739 (3 607 982) 28 137 684 7 471 924 (723 968) (263 834) (987 802)

Depreciation and amortisation

Finance costs

Bargaining councils subsidies

3 222

Operating expenses

3 010 778

Case disbursement expenses

(28 404 162) (37 526 745)

Total expenditure Surplus rolled over

(1 100 027 745) (1 071 890 061)

140 000 (100 000) (40 000) (140 000)

(7 123)

132 877 (100 000) (32 877) (132 877)

-

34 34

Loss on foreign exchange Loss on disposal of assets

7 123 7123

Actual amount on comparable basis as presented in the budget and actual comparative statement

-

-

-

6 484 122

6 484 122

132