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

Cash Flow Statement Figures in Rand thousand

Note(s) 2023/2024

2022/2023

Cash flows from operating activities Receipts Annual appropriated funds received

1.1

1,586,879

1,583,847

2

Departmental revenue received

851,171

581,795

2.3

Interest received

7,985

4,399

2,446,035

2,170,041

Net (increase)/ decrease in working capital

7

(63)

Surrendered to Revenue Fund

(920,674) (236,082) (904,130) 385,154 (2)

(587,028) (223,680) (816,876) 542,394 -

Current payments

Payments for financial assets Transfers and subsidies paid

13

Net cash flow available from operating activities

Cash flows from investing activities

7

Payments for capital assets

(425,895)

(531,185)

2.4

Proceeds from sale of capital assets

164

36

10

(Increase)/ decrease in non-current receivables Net cash flows from investing activities Net increase/ (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at the end of the year

15

(22)

(425,716) (40,562)

(531,171)

11,223

61,174 20,612

49,951 61,174

14

259

57