The net change in the stock of cash from higher education institutions amounted to   a cash surplus of R6 023 million for the 2018 financial year.

This statistical release provides information on the sources and uses of cash of higher education institutions for the financial years 2017 and 2018, classified economically and functionally. The net change in the stock of cash from the higher education institutions amounted to R6 023 million for the 2018 financial year. 

 Major influences 

The revenue cash flows from operating activities amounted to R83 042 million and the expense cash flows amounted to R66 002 million, resulting in a net cash inflow from operating activities of 

R17 040 million for the 2018 financial year ending 31 December 2018.The net cash outflow from transactions in non-financial assets amounted to R5 678 million for the 2018 financial year. The cash surplus for 2018 was R11 361 million. The total net change in the stock of cash for the higher education institutions amounted to R6 023 million (see Table A, p. 5 of the publication).