statement of comparison of

//budget and actual amount

Statement of Comparison of Budget and Actual Amount

for the year ended 31 March 2023

Figures in RandApproved budgetAdjustmentsFinal budgetActual amounts on comparable basisDifference between final and actual
Statement of Financial Performance
Revenue
Revenue552,638,314-552,638,314576,799,49724,161,183
Investment interest6,600,000-6,600,00010,797,5244,197,524
Sundry income872,738-872,7384,445,4463,572,708
Transformation and development services---2,082,1612,082,161
AETP and internal development services---2,392,8672,392,867
Total revenue560,111,052-560,111,052596,517,49536,406,443
Expenditure
Employee compensation and benefits(401,239,351)-(401,239,351)(414,116,828)(12,877,477)
Operating expenses(187,037,252)-(187,037,252)(169,935,753)17,101,499
Finance costs---(294)(294)
Total expenditure(588,276,603)-(588,276,603)(584,052,875)4,223,728
(Deficit)/Surplus(28,165,551)-(28,165,551)12,464,62040,630,171
Actual Amount on Comparable Basis(28,165,551)-(28,165,551)12,464,62040,630,171

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