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Key findings: P9103.1 - Financial statistics of higher education institutions, 2020

The net change in the stock of cash from higher education institutions amounted to a cash surplus of R4 636 million for the 2020 financial year.

 

This statistical release provides information on the sources and uses of cash of higher education institutions for the financial years 2019 and 2020, classified economically and functionally. The net change in the stock of cash from the higher education institutions amounted to R4 636 million for the 2020 financial year.

 

 Major influences

 

The revenue cash flows from operating activities amounted to R89 985 million and the expense cash flows for operating activities amounted to R69 605 million, resulting in a net cash inflow from operating activities of R20 380 million for the financial year ending 31 December 2020. The net cash outflow from transactions in non-financial assets amounted to R5 549 million for the 2020 financial year. The cash surplus for 2020 was R14 831 million. The net acquisition of financial assets other than cash amounted to a cash outflow of R9 515 million for the 2020 financial year. The net incurrence of liabilities amounted to cash outflow of R680 million, resulting in a net cash outflow of R10 195 million from financing activities for the 2020 financial year. The net change in the stock of cash for higher education institutions amounted to R4 636 million (see Table A, p. 4).

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