ACFI 2011/12.indd - Gauteng Provincial Treasury
ACFI 2011/12.indd - Gauteng Provincial Treasury
ACFI 2011/12.indd - Gauteng Provincial Treasury
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Report of the Head of Departmentfor the year ended 31 March 2012REVIEW OF OPERATING RESULTS CONT.<strong>Gauteng</strong> <strong>Provincial</strong> Departments, including the <strong>Provincial</strong> Revenue Fund cont.SURPLUS FOR THE YEARThe net surplus for the year amounts to R1.6 billion (<strong>2011</strong>: R0.8 billion).SURPLUS FOR THE YEARSurplus for the yearUNAUTHORISED, FRUITLESS AND WASTEFUL AND IRREGULAR EXPENDITUREThe unauthorised expenditure discovered in the current year has decreased to R1,050,780,000 in 2012 from (<strong>2011</strong>: R1,435,432,000). Fruitlessand wasteful expenditure discovered during the year has decreased to (2012: R 377,343,000 from (<strong>2011</strong>: R391,463,000)). Irregular expenditurediscovered during the year has decreased to (2012: R4,164,594,000) from (<strong>2011</strong>: R5,590,062,000).Combined Financial Information Annual Report <strong>2011</strong>/12 | <strong>Gauteng</strong> <strong>Provincial</strong> Government 11
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