The consolidated net change in the stock of cash of the general government sector amounted to a cash surplus of R10 653 million for the 2023/2024 fiscal year.

The statistical release provides information on the sources and uses of cash of consolidated general government for the fiscal years 2022/2023 and 2023/2024, classified economically and functionally. The net change in the stock of cash of the general government sector amounted to a cash surplus of
R10 653 million for the 2023/2024 fiscal year.

Major influences

The major contributors to a cash surplus of R10 653 million of consolidated net change in the stock of cash from the general government sector for the fiscal year 2023/2024 were the revenue cash flows from operating activities amounted to R2 112 931 million and the expense cash flows amounted to R2 223 303 million, resulting in a net cash outflow from operating activities of R110 372 million for the 2023/2024 fiscal year ended 31 March 2024. The net cash outflow from transactions in non-financial assets amounted to R164 333 million for the 2023/2024 fiscal year. The net acquisition of financial assets other than cash amounted to a cash outflow of R34 259 million for the 2023/2024 fiscal year. The net incurrence of liabilities amounted to R319 617 million, resulting in a net cash inflow of R285 358 million from financing activities for the 2023/2024 fiscal year. The total net change in the stock of cash of the general government sector amounted to a cash surplus of R10 653 million (see Table A, page 4).

The largest contributor to the total expenditure cash flows for operating activities and purchases of non-financial assets (functionally classified) of R2 388 772 million by the general government sector for the 2023/2024 fiscal year was general public services (R605 421 million, contributing 25,3%), followed by education (R485 791 million or 20,3%), social protection (R364 895 million or 15,3%), health (R275 676 million or 11,5%), economic affairs (R247 215 million or 10,3%) and public order and safety (R208 932 million or 8,7%). The smallest contributors were housing and community amenities (R81 490 million or 3,4%), defence (R53 268 million or 2,2%), recreation, culture and religion (R47 159 million or 2,0%) and environmental protection (R18 925 million or 0,8%) (see Table C, page 11 and Figure 4, page 12) of the statistical release.