Page 148 - WCPP Annual Report 2021-22_Draft #7.6.2
P. 148
Annual Report for the 2021/22 Financial Year
Vote 2: Western Cape Provincial Parliament
Part E: Financial Information for the year ended 31 March 2022
Statement of Comparison of Budget and Actual Amounts
Budget on Cash Basis
Approved Adjustments Final Budget Actual Difference Reference
budget amoun ts on betwe en final
comparable budget and
Figures in Rand basis actual
Statement of Financial Performance
Revenue
Revenue from exchange
transactions
Recoveries - - - 138,296 138,296 37.1
Other income 7,000 - 7,000 21,609 14,609 37.2
Interest received 68,000 - 68,000 249,490 181,490 37.3
Total revenue f rom exchange 75,000 - 75,000 409,395 334, 395
transactions
Revenue from non-exchange
transactions
Transfer revenue
Fines, Penalties and Forfeits - - - 250 250
Annual appropriation 165,784,000 3,852,000 169,636,000 169,711,000 75,000
Statutory appropriation 47,997,000 - 47,997,000 47,997,000 -
Total revenue from non- 213,781,000 3,852,000 217,633,000 217,708,250 75, 250
exchange transactions
Total revenue 213,856,000 3,852,000 217,708,000 218,11 7,645 409, 645
Expenditure
Employee related costs (86,654,050) 6,129,778 (80,524,272) (77,813,577) 2,710,695 37.4
Members remuneration (49,774,646) 281,117 (49,493,529) (40,194,174) 9,299, 355 37.5
Finance costs (1,006,000) (43,532) (1,049,532) (990,477) 59,055
Transfer payments (49,913,280) (82,108) (49,995,388) (49,224,136) 771,252 37.6
General expenses (26,508,024) (10,137,255) (36,645,279) (28,120,996) 8,524,283 37.7
Total expenditure (213,856,000) (3,852,000) (217,708,000) (196,343,360) 21,364,640
Operating surplus - - - 21,774,285 21,774,285
Gain on disposal of assets and - - - 15,648 15,648
liabilities
Surplus for the year - - - 21,789,933 21,789,933
Actual Amount on Comparable - - - 21,789,933 21,789,933
Basis as Presented in the
Budget and Actual
Comparative Statement
Annual Report for 2021/22 Financial Year Page 133
