Economic Development Annual Report

Annual Report 2023/2024 Mpumalanga: Department of Economic Development and Tourism - Vote 6

Department of Economic Development & Tourism (Vote number 6) Financial Statements for the year ended March 31, 2024 Appropriation Statement Figures in Rand thousand 2023/2024 2022/2023 Adjusted Appropriation Shifting of Funds Virement Final Appropriation Actual Expenditure Variance Expenditure as % of final appropriation Final Appropriation 76,728 - 2,588 79,316 79,316 - 100.00 % 79,884 75,246 Compensation of employees 165,186 - (2,724) 162,462 156,766 5,696 96.49 % 153,264 148,434 Goods and services 76,728 - 2,588 79,316 79,316 - 100.00 % 79,884 75,246 Total current payments 241,914 - (136) 241,778 236,082 5,696 97.64 % 233,148 223,680 Transfers and subsidies Provinces and municipalities Provinces Provincial Revenue Funds 29 - (19) 10 10 - 100.00 % 29 8 Provinces 29 - (19) 10 10 - 100.00 % 29 8 Actual Expenditure

4 Provinces and municipalities 29 - (19) 10 10 - 100.00 % 29 8 Departmental agencies and accounts 653,707 - - 653,707 642,807 10,900 98.33 % 575,193 577,881 Public corporations and private 262,727 - - 262,727 260,604 2,123 99.19 % 237,843 237,843 enterprises Households 554 - 155 709 709 - 100.00 % 1,187 1,144

Departmental agencies (non-business 653,707 - - 653,707 642,807 10,900 98.33 % 575,193 577,881 entities) Public corporations and private 262,727 - - 262,727 260,604 2,123 99.19 % 237,843 237,843 enterprises Households Social benefits 554 - 155 709 709 - 100.00 % 1,187 1,144

Total transfers and subsidies 917,017 - 136 917,153 904,130 13,023 98.58 % 814,252 816,876

Payments for capital assets Buildings and other fixed structures Buildings 422,068 - - 422,068 420,055 2,013 99.52 % 533,998 528,736 Machinery and equipment

Appropriation per economic classification (continued) Departmental agencies and accounts

209