Net change in the stock of cash from the provincial revenue funds and donor funds amounted to a cash surplus of R1 856 million for the 2015/2016 fiscal year.
This statistical release provides information on the sources and uses of cash of provincial government for the fiscal years 2014/2015 and 2015/2016, classified economically and functionally. The net change in the stock of cash from the provincial revenue funds and donor funds amounted to R1 856 million for the 2015/2016 fiscal year. The amount has decreased from R7 241 million in 2014/2015.
1. Major Influences
The major contributors to the amount of R1 856 million of net change in the stock of cash of provincial government for the fiscal year 2015/2016 are the cash receipts from operating activities, R488 795 million, (2014/2015: R461 765 million); cash payments for operating activities, R450 698 million, (2014/2015: R423 400 million); purchases of non-financial assets, R36 353 million, (2014/2015: R31 383 million) and sales of non-financial assets, R112 million (2014/2015: R260 million) (see Table A, p.6 and Table 3, p. 19 of the statistical release).
The largest contributor to the total cash payments for operating activities and purchases of non-financial assets (functionally classified) of R487 052 million from the provincial revenue funds and donor funds for the 2015/2016 fiscal year was education (R201 981 million, contributing 41,5%), followed by health (R150 443 million or 30,9%), total economic affairs (R51 787 million or 10,6%), total general public services (R25 813 million or 5,3%), housing and community amenities (R22 191 million or 4,6%), social protection (R16 876 million or 3,5%), recreation, culture and religion (R8 673 million or 1,8%), public order and safety (R5 726 million or 1,2%) and environmental protection
(R3 561 million or 0,7%).