The net change in the stock of cash from provincial revenue funds and donor funds amounted to a cash surplus of R13 234 million for the 2022/2023 fiscal year.

This statistical release provides information on the sources and uses of cash of provincial government for the fiscal years 2021/2022 and 2022/2023, classified economically and functionally. The net change in the stock of cash from the provincial revenue funds and donor funds amounted to a cash surplus of R13 234 million for the 2022/2023 fiscal year.

1.      Major influences

The revenue cash flows from operating activities amounted to R719 772 million and the expense cash flows amounted to R671 572 million, resulting in a net cash inflow from operating activities of R48 200 million for the 2022/2023 fiscal year ending 31 March 2023. The net cash outflow from transactions in non-financial assets amounted to R34 966 million for the 2022/2023 fiscal year. The cash surplus and the total net change in the stock of cash for the provincial government for 2022/2023 was R13 234 million (see Table A, p. 4 of the publication).

The largest contributor to the total expenditure cash flows for operating activities and purchases of non-financial assets (functionally classified) of R706 722 million from the provincial revenue funds and donor funds for the 2022/2023 fiscal year was education (R299 651 million or 42,4%), followed by health (R237 583 million or 33,6%), economic affairs (R65 980 million or 9,3%), general public services (R35 037 million or 5,0%), housing and community amenities (R22 758 million or 3,2%), social protection (R21 472 million or 3,0%), recreation, culture and religion (R11 195 million or 1,6%), public order and safety (R8 419 million or 1,2%) and environmental protection (R4 628 million or 0,7%) (see Table C, p.10 and Figure 4, p.11 of the publication).