HDA Annual Report

ANNUAL REPORT 2023/24 Statement of Comparison of Budget Information with Actual Information - 31 March 2024

Figures in R’000

Note(s) 31 March 2024

Variance %

Approved budget

Adjusted Budget

Final Budget Actual Variance

Operating Revenue Operational grant - NDHS

243 649

- 243 649 243 649

- 0%

Provinces support conditional grant

181 287 43 054 224 341 131 800 (92 541) -41%

Project management fees

47 251

3 300

50 551

54 893 4 342 9% 24 184 (8 983) -59%

Interest income Other income Total revenue

5 000 10 201 15 201

1 000

6 213 7 213 9 848 (2 635) -37%

478 187 62 768 540 955 464 374 (99 817) -18%

Expenditure Advertising & Marketing

4 077 3 580

(860) (963)

3 217 2 617

1 091 1 024

(2 126) -66% (1 593) -61%

Agency Support - Outsourcing

Impairment (Bad Debts)

-

-

- 69 163 69 163 -100%

Depreciation Amortisation

2 304 (1 262)

1 042 4 717

3 675 353% 735 -100%

-

- -

-

735

Assets Below R5 000 Auditor remuneration

243 780 160

243

89 (154) -63%

7 452

8 232 8 550

318 4% (38) -19% (975) -51%

Bank charges Board Costs

36

196

158 940

1 965 3 801

(50)

1 915

Catering & Conferences Communications Computers services Consultants - Technical Consultants - Operational Contractor - Operational

359 4 160 2 809 (1 351) -32%

801

(17)

784

491

(293) -37%

8 742

5 435

14 177

15 659 1 482 10%

41 610 52 428 94 038 53 867 (40 171) -43%

33 407 (2 881) 3 926 (1 010)

30 526 23 995 (6 531) -21%

2 916 3 143 1 600 1 601

227

8% 0%

Insurance

1 500 1 171 8 400

100

1

Leasing charges

(163)

1 008

536 (472) -47%

Legal Fees Office rental

7 876 16 276 13 000 (3 276) -20%

18 983 (2 592)

16 391 13 733 (2 658) -16%

Penalties

-

-

1 030 1 030 -100% 937 (200) -18%

-

Printing & Stationery

1 152 1 328

(16)

1 137 1 064

Repairs, refurbishment & Maintenance

(264)

529

(535) -50%

Staff Recruitment

7 465 (1 980)

5 485 1 468 (4 017) -73%

Other office expenses

2 090

814 2 903

4 009

1 106 38%

Temporary Staff

22 549

(1 291)

21 258 14 968 (6 290) -30%

Training & staff development Travel & Accommodation

2 363

347 770

2 710

1 506 (1 204) -44%

20 690 262 020 13 505

21 460 16 600 (4 860) -23%

Employee costs Land & related

1 549 263 569 187 675 (75 894) -29% 3 777 17 282 19 780 2 498 14%

Deficit on disposal of PPE Assets (PPE) purchases

150

-

150

283

133 89%

9 425

(4 826)

4 599

4 602

3 0%

Total expenditure

478 187 62 768 540 955 468 688 (72 267) -13%

105