The net change in the stock of cash from higher education institutions amounted to a cash deficit of R972 million for the 2022 financial year.

This statistical release provides information on the sources and uses of cash of higher education institutions for the financial years 2021 and 2022, classified economically and functionally. The net change in the stock of cash from the higher education institutions amounted to a cash deficit of R972 million for the 2022 financial year.

 Major influences

The revenue cash flows from operating activities amounted to R101 260 million and the expense cash flows for operating activities amounted to R82 979 million, resulting in a net cash inflow from operating activities of R18 281 million for the financial year ending 31 December 2022. The net cash outflow from transactions in non-financial assets amounted to R7 951 million for the 2022 financial year. The cash surplus for 2022 was R10 330 million. The net acquisition of financial assets other than cash amounted to a cash outflow of R10 891 million for the 2022 financial year. The net incurrence of liabilities amounted to a cash outflow of R411 million. This resulted in a net cash outflow of R11 302 million from financing activities for the 2022 financial year. The net change in the stock of cash for higher education institutions amounted to a cash deficit R972 million (see Table A, p. 4).