SACAA Annual Report 2022_23

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Annual Financial Statements for the year ended 31 March 2023

R

A

Y

E

Statement of Comparison of Budget and Actual Amounts

Budget on Accrual Basis

Ref.

Difference between final budget and actual

Approved budget

Adjustments Final Budget

Actual amounts on comparable basis

Statement of Financial Performance Revenue Revenue from exchange transactions Interest revenue

6 636 632 13 539 000 20 175 632 24 045 477

3 869 845 31 (491 508) 31

Other revenue

3 093 344

6 500 000

9 593 344

9 101 836

Gains on disposal of assets

- -

- -

- -

412 076 142 509

412 076 142 509

Bad debts recovered

Total revenue from exchange transactions Revenue from non-exchange transactions Transfer revenue Passenger safety charge

9 729 976 20 039 000 29 768 976 33 701 898

3 932 922

383 769 282 56 870 718 440 640 000 455 811 640 15 171 640 31

User fees Fuel levy

120 666 509 15 679 149 136 345 658 137 639 748

1 294 090

31 071 483 225 946 548

- -

31 071 483 33 335 017 225 946 548 225 127 548

2 263 534 31

Department of Transport Total revenue from non exchange transactions

(819 000)

761 453 822 72 549 867 834 003 689 851 913 953 17 910 264

Total revenue

771 183 798 92 588 867 863 772 665 885 615 851 21 843 186

Expenditure Personnel costs

(521 308 148) (64 651 734) (585 959 882) (557 982 456) (183 744 347) (28 991 062) (212 735 409) (188 276 058)

27 977 426 31 24 459 351 31 5 688 664 31 6 713 940 31

Operating expenses

Depreciation and amortisation (22 239 588)

7 480 866 (14 758 722)

(9 070 058)

Lease rentals on operating lease

(43 891 715)

4 000 000 (39 891 715) (33 177 775)

Debt impairment

- -

(9 000 000)

(9 000 000)

(5 137 439) (2 737 106)

3 862 561 31 (2 737 106) 31

Bad debts written off Total expenditure Surplus for the year Actual Amount on Comparable Basis as Presented in the Budget and Actual Comparative Statement

-

-

(771 183 798) (91 161 930) (862 345 728) (796 380 892)

65 964 836

- -

1 426 937 1 426 937

1 426 937 89 234 959 87 808 022 1 426 937 89 234 959 87 808 022

Annual Financial Statements I Annual Report 2022/23 I 183