Welsh Government Annual Accounts

Prif Bwyntiau

COVID-19 business grants of £781m were committed to in 2019-20, but only £42m of these were included in the financial statements. In the Auditor General's opinion, the financial statements are materially mis-stated. 

The Group has purchased a rail network, the Core Valleys Line, with a value of £2.4 billion in the accounts

 

The Welsh Government issued loans of £0.7 billion to higher education students. The total value of loans and interest outstanding at 31 March 2020 was £5.3 billion, with around £3.5 billion estimated to be repaid in the future. 

The Welsh Government should not exceed the annual spending limit agreed by the Senedd. Taking account of the material mis-statement of £739m, the Welsh Government would have exceeded its spending limit by £303m. This overspend is irregular

A Ministerial Direction in December 2019 instructed the Welsh Government to fund certain pension tax liabilities for NHS clinicians. No additional costs resulted in 2019-20, but the Auditor General has drawn attention to a contingent liability for future costs reported in the accounts.

The Auditor General issued a qualified opinion on his audit of the Welsh European Agricultural Funds. The Welsh Government awarded €4.8m of European funding to organisations without evidence of a competitive application process. The European Commission has asked for some of this money to be repaid by Welsh Government.

Cyllido a Gwario

How Welsh Government is funded?
£ Biliwn Mae cyllid yn mynd at gostau rhedeg cyffredinol a phrynu asedau
£ Biliwn

Yr hyn y maent yn berchen arno

£ billion
AssetAmount
Assests under construction£0.4 Biliwn
Road Network£17 Biliwn
Rail Network£2 Biliwn
Land and Buoldings£3 Biliwn
Vehicles, equipment and other assets£2 Biliwn

Yr hyn sy'n ddyledus ganddynt

£ billion

Costau Staff

£ billion
How much Welsh Government spent on staff
Number of StaffCorffCost
5,000Welsh Government£0.2 Biliwn
84,000Welsh NHS bodies£3.3 Biliwn
1,000Subsidiaries£0.1 Biliwn