The net change in the stock of cash from higher education institutions amounted to a cash deficit of R832 million for the 2024 financial year.

This statistical release provides information on the sources and uses of cash of higher education institutions for the financial years 2023 and 2024, classified economically and functionally. The net change in the stock of cash from the higher education institutions amounted to a cash deficit of R832 million for the 2024 financial year.

Major influences

The revenue cash flows from operating activities amounted to R111 920 million and the expense cash flows for operating activities amounted to R97 417 million, resulting in a net cash inflow from operating activities of R14 503 million for the financial year ending 31 December 2024. The net cash outflow from transactions in non-financial assets amounted to R9 557 million for the 2024 financial year. The cash surplus for 2024 was R4 946 million. The net acquisition of financial assets other than cash amounted to a cash outflow of R4 593 million for the 2024 financial year. The net incurrence of liabilities amounted to a cash outflow of R1 185 million. This resulted in a net cash outflow of R5 778 million from financing activities for the 2024 financial year. The net change in the stock of cash for higher education institutions amounted to a cash deficit of R832 million (see Table A, p. 4 of the statistical release).