Page 251 - Department of Social Development Annual Report 2021

PART E: FINANCIAL INFORMATION

STATEMENT OF FINANCIAL PERFORMANCE FOR THE YEAR ENDED

31 MARCH 2021

Note 2020/21 2019/20
R’000 R’000

REVENUE
Annual appropriation 1 230 807 298 184 721 972
Departmental revenue 2 23 976 273 034
Aid assistance 3 88 914 31 957

TOTAL REVENUE 230 920 188 185 026 963

EXPENDITURE
Current expenditure
Compensation of employees 4 528 852 529 246
Goods and services 5 258 182 373 628
Aid assistance 4 104 395 981
Total current expenditure 891 429 903 855

Transfers and subsidies
Transfers and subsidies 7 228 127 910 198 571 699
Total transfers and subsidies 228 127 910 198 571 699

Expenditure for capital assets
Tangible assets 8 11 629 7 344
Intangible assets 8 69 86
Total expenditure for capital assets 11 698 7 430

Payments for financial assets 6 - 248 539

TOTAL EXPENDITURE 229 031 037 199 731 523

SURPLUS/(DEFICIT) FOR THE YEAR 1 889 151 (14 704 560)

Reconciliation of Net Surplus/(Deficit) for the year

Voted funds 1 884 596 (15 008 404)
Annual appropriation 1 884 596 (15 008 404)
Departmental revenue and NRF Receipts 14 23 976 273 034
Aid assistance 3 (19 421) 30 810
SURPLUS/(DEFICIT) FOR THE YEAR 1 889 151 (14 704 560)

DEPARTMENT OF SOCIAL DEVELOPMENT
DEPARTMENT OF SOCIAL DEVELOPMENT ANNUAL REPORT 2020/21 207
ANNUAL REPORT 2020/21
251