Chapter 2 - P rogramme 1 - Department of Defence

| Financial Performance |
Annual Report FY 2007 - 2008 294
| Department of Defence | Vote 20 |
STATEMENT OF FINANCIAL PERFORMANCE
for the year ended 31 March 2008
Note 2007/08 2006/07
REVENUE R’000 R’000
Annual appropriation 1 26 291 785 23 902 904
Departmental revenue 2 551 855 492 792
TOTAL REVENUE 26 843 640 24 395 696
EXPENDITURE
Current expenditure
Compensation of employees 4 9 735 905 9 037 595
Goods and services 5 5 987 370 5 444 919
Financial transactions in assets and liabilities 6 32 229 17 957
Local and foreign aid assistance 3 - 11 240
Total current expenditure 15 755 504 14 511 711
Transfers and subsidies 7 8 926 890 8 882 837
Expenditure for capital assets
Buildings and other fixed structures 8 93 357 49 173
Machinery and Equipment 8 395 937 383 820
Software and other intangible assets 8 8 425 1 283
Total expenditure for capital assets 497 719 434 276
TOTAL EXPENDITURE 25 180 113 23 828 824
NET SURPLUS 1 663 527 566 872
Add back fruitless and wasteful expenditure 10 55 494
NET SURPLUS FOR THE YEAR 1 663 582 567 366
Reconciliation of Net Surplus for the year
Voted Funds to be surrendered to the Revenue Fund 16 1 111 727 85 814
Departmental revenue to be surrendered to the
Revenue Fund 17 551 855 492 792
Local and foreign aid assistance 3 - (11 240)
NET SURPLUS FOR THE YEAR 1 663 582 567 366