SMD

Annual Report 2023/2024

Annual Financial Statements for the year ended 31 March 2024

Appropriation Statement

Public corporations and private enterprises 77 786 - - 77 786 58 961 18 825 75.8% 73 254 73 254 Non-profit institutions - - - - - - - - - Households 88 80 - 168 167 1 99.3% - -

Payments for financial assets - - - - - - - - - Total 163 643 - (12 753) 150 890 127 600 23 290 84.6% 120 670 116 644

1. Sector and Market Development 861 (471) - 390 132 258 33.8% 310 1 2. Business Intelligence and Knowledge Management 27 279 (9 673) - 17 606 15 945 1 661 90.6% 16 686 16 248

3. Ease of Doing Business 9 369 (755) - 8 614 7 339 1 275 85.2% 11 022 8 786

Payments for capital assets 2 741 286 - 3 027 3 023 4 99.9% 4 789 4 779 Machinery and equipment 2 741 286 - 3 027 3 023 4 99.9% 4 789 4 779

Programme 2: Sector and Market Development 2023/24 2022/23 Shifting of Funds Virement Final Budget Actual Expenditure Variance Expenditure as % of final budget Final Budget expenditure R’000 R’000 R’000 R’000 R’000 R’000 % R’000 R’000 Actual

4. Access to Market Support 126 134 10 899 (12 753) 124 280 104 185 20 095 83.8% 92 652 91 610

Compensation of employees 45 208 (80) - 45 128 42 886 2 242 95.0% 25 471 21 922 Goods and services 37 820 (286) (12 753) 24 781 22 563 2 218 91.0% 17 155 16 688

Total for sub programmes 163 643 - (12 753) 150 890 127 600 23 290 84.6% 120 670 116 644 Economic classification Current payments 83 028 (366) (12 753) 69 909 65 449 4 460 93.6% 42 626 38 610

Transfers and subsidies 77 874 80 - 77 954 59 128 18 826 75.8% 73 255 73 255

Approved Budget

Sub programme

Part F • FINANANCIAL INFORMATION • Department of Small Business Development

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