SMD

Annual Financial Statements for the year ended 31 March 2024 Annual Report 2023/2024

Cash Flow Statement

Cash Flow Statement

Note

2023/24

2022/23

R’000

R’000

CASH FLOWS FROM OPERATING ACTIVITIES Receipts

2 607 140

2 591 108

Annual appropriation funds received

1.1

2 529 308

2 532 889

Departmental revenue received

2

1 207

56

Interest received

2.3

1 212

5

Aid assistance received

3

75 413

58 158

Net (increase)/decrease in net working capital

(21516)

4 213

Surrendered to Revenue Fund

(19080)

(13931)

Surrendered to RDP Fund/Donor

(30262)

(22195)

Current payments

(328 839)

(241395)

Payments for financial assets

(2516)

-

Transfers and subsidies paid

(2 164 953)

(2 286 578)

Net cash flow available from operating activities

15

39 974

31 222

CASH FLOWS FROM INVESTING ACTIVITIES Distribution/dividend received Payments for capital assets

8

(17560)

(13844)

(Increase)/decrease in non-current receivables

11

2 393

(128)

Net cash flow available from investing activities

(15 167)

(13 972)

CASH FLOWS FROM FINANCING ACTIVITIES Increase/(decrease) in net assets

(2174)

124

Increase/(decrease) in non-current payables

-

-

Net cash flows from financing activities

(2 174)

124

Net increase/(decrease) in cash and cash equivalents

22 633

17 374

Cash and cash equivalents at beginning of period

46 535

29 161

Unrealised gains and losses within cash and cash equivalents

-

-

Cash and cash equivalents at end of period

16

69 168

46 535

Part F • FINANANCIAL INFORMATION • Department of Small Business Development

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