Key findings: P9119.3 - Financial statistics of national government, 2019

The net change in the stock of cash of the national government from the national revenue fund and donor funds amounted to a deficit of R46 467 million for the 2018/2019 fiscal year.

The statistical release provides information on the sources and uses of cash of national government for the fiscal years 2017/2018 and 2018/2019, classified economically and functionally. The net change in the stock of cash of the national government from the national revenue fund and donor funds amounted to a deficit of R46 467 million for the 2018/2019 fiscal year.

Major influences

The major contributors to a deficit of R46 467 million of net change in the stock of cash from the national government sector for the 2018/2019 fiscal year. The revenue cash flows from operating activities amounted to R1 312 344 million and the expense cash flows amounted to R1 540 092 million, resulting in a net cash outflow from operating activities of R227 748 million for the 2018/2019 fiscal year ended 31 March 2019. The net cash outflow from transactions in non-financial assets amounted to R16 195 million for the 2018/2019 fiscal year. The net acquisition of financial assets other than cash amounted to a cash outflow of R337 million for the 2018/2019 fiscal year. The net incurrence of liabilities amounted to R197 813 million, resulting in a net cash inflow of R197 476 million from financing activities for the 2018/2019 fiscal year. The total net change in the stock of cash of the general government sector amounted to deficit of R46 467 million (see Table A, p. 4).

The largest contributor to the total cash payments for operating activities and purchases of non-financial assets of R1 556 399 million from the national revenue fund and donor funds for the 2018/2019 fiscal year was transfers of a general character between different levels of government (R544 018 million or 34,7%) (mainly to provincial governments to defray their expenditure on general government services), followed by interest paid on public debt (R181 849 million or 11,6%) social protection (R178 647 million or 11,4%), and public order and safety (R137 037 million or 8,7%) and economic affairs (R133 683 million or 8,5%).