South Africa: Statistician-General Pali Lehohla Releases Financial Statistics of Consolidated General Government

Statistician-General to release reports on the Financial Statistics of Consolidated General Government, and on the financial performance and position of private sector businesses

The Statistician-General of South Africa, Dr Pali Lehohla, will release the Financial Statistics of Consolidated General Government for 2014/2015, and the Annual Financial Statistics for 2015 reports at a media briefing to be held on Thursday, 24 November 2016, in Pretoria.

The Financial Statistics of Consolidated General Government (2014/2015) report contain statistics on the South African government's income and expenditure for the financial year ended 31 March 2015. The report provides detail on the sources of income from all levels of government (such as taxes, social contributions, and 'other' receipts).

The report also explores various expenditure items including compensation of employees, interest paid on loans, social benefits, grants and subsidies.

The Annual Financial Statistics 2015 report provides statistics on the financial performance and position of value-add tax (VAT) registered private sector businesses in South Africa. It looks at their turnover and other income sources such as grants and subsidies from government, interest received, and dividends.

The report also explores several ratios which indicate the general health and sustainability of South African businesses, among elements these ratios explore are: profitability, solvency and liquidity. Statistics on expenditure items such as employee costs, interest paid on debts and purchases will be presented.

Source: Statistics South Africa

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