Annual general report of the controller and - Parliament of Tanzania
Annual general report of the controller and - Parliament of Tanzania
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