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Annual general report of the controller and - Parliament of Tanzania

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From <strong>the</strong> table above, <strong>the</strong> operational performance <strong>of</strong><br />

Public Authorities <strong>and</strong> o<strong>the</strong>r Bodies during <strong>the</strong> year under<br />

review shows that big PA&oBs were leading in surplus<br />

making while Water Authorities were leading in loss<br />

making.<br />

6.4 Cumulative Surplus or Loss<br />

During <strong>the</strong> year under review, financial st<strong>and</strong>ing <strong>of</strong> PA&oBss<br />

were measured in terms <strong>of</strong> <strong>the</strong> accumulated surplus or<br />

deficit created over <strong>the</strong> life time <strong>of</strong> <strong>the</strong> entities.<br />

The following is an overall cumulative pr<strong>of</strong>it or surplus <strong>of</strong><br />

Public Authorities <strong>and</strong> o<strong>the</strong>r Bodies:<br />

Cumulative surplus or loss<br />

Category <strong>of</strong> Accumulated Accumulated deficit<br />

<strong>the</strong> Entity surplus (Shs)<br />

(Shs)<br />

Water<br />

Authorities<br />

1,211,251,749 5,570,304,655<br />

Regulatory<br />

Bodies<br />

89,672,168,700 7,546,402,387<br />

Higher Learning<br />

Institutes<br />

19,823,100,853 2,837,074,266<br />

Public PA&oBs 602,377,355,008 31,212,057,177<br />

O<strong>the</strong>r<br />

Government<br />

Institutions<br />

172,921,611,576<br />

4,580,535,456<br />

Total 883,168,413,619 51,746,373,941<br />

From <strong>the</strong> table above, <strong>the</strong> financial st<strong>and</strong>ing <strong>of</strong> PA&oBs<br />

during <strong>the</strong> year under review shows that big PA&oBs were<br />

leading in accumulating surplus <strong>and</strong> Water Authorities were<br />

leading in accumulating losses. I call upon <strong>the</strong> Ministry <strong>of</strong><br />

Water <strong>and</strong> Irrigation toge<strong>the</strong>r with o<strong>the</strong>r stakeholders to<br />

urgently intervene <strong>and</strong> come out with everlasting solutions<br />

to <strong>the</strong> problems been faced with Water Authorities in <strong>the</strong><br />

country.<br />

___________________________________________________________<br />

Office <strong>of</strong> <strong>the</strong> Controller <strong>and</strong> Auditor General PA&oBs 2007/08 107

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