The net change in the stock of cash from higher education institutions amounted to a cash surplus of R2 726 million for the 2025 financial year.

This statistical release provides information on the sources and uses of cash of higher education institutions for the financial years 2024 and 2025, classified economically and functionally. The net change in the stock of cash from the higher education institutions amounted to a cash surplus of R2 726 million for the 2025 financial year.

Major influences

The revenue cash flows from operating activities amounted to R116 636 million and the expense cash flows for operating activities amounted to R102 671 million, resulting in a net cash inflow from operating activities of R13 965 million for the financial year ending 31 December 2025. The net cash outflow from transactions in non-financial assets amounted to R10 168 million for the 2025 financial year. The cash surplus for 2025 was R3 797 million. The net acquisition of financial assets other than cash amounted to a cash outflow of R756 million for the 2025 financial year. The net incurrence of liabilities amounted to a cash outflow of
R315 million. This resulted in a net cash outflow of R1 071 million from financing activities for the 2025 financial year. The net change in the stock of cash for higher education institutions amounted to a cash surplus of R2 726 million (see Table A, p. 4 of the statistical release).