Key findings: P9103.1 - Financial statistics of higher education institutions, 2021

The net change in the stock of cash from higher education institutions amounted to a cash surplus of R2 844 million for the 2021 financial year.

 

This statistical release provides information on the sources and uses of cash of higher education institutions for the financial years 2020 and 2021, classified economically and functionally. The net change in the stock of cash from the higher education institutions amounted to R2 844 million for the 2021 financial year.

 

 Major influences

 

The revenue cash flows from operating activities amounted to R96 699 million and the expense cash flows for operating activities amounted to R76 149 million, resulting in a net cash inflow from operating activities of R20 550 million for the financial year ending 31 December 2021. The net cash outflow from transactions in non-financial assets amounted to R7 636 million for the 2021 financial year. The cash surplus for 2021 was R12 914 million. The net acquisition of financial assets other than cash amounted to a cash outflow of R10 306 million for the 2021 financial year. The net incurrence of liabilities amounted to cash inflow of R236 million, resulting in a net cash outflow of R10 070 million from financing activities for the 2021 financial year. The net change in the stock of cash for higher education institutions amounted to R2 844 million (see Table A, p. 4).