SummarySummary Companies Auditors cite past 'financial irregularities'Utility reports $719 mln net loss for 2022Expects bigger loss this yearEskom says reliant on government supportJOHANNESBURG, Dec 23 (Reuters) - South Africa's Eskom said on Friday that auditors have questioned the utility's ability to survive as a going concern citing past financial irregularities. Auditors Deloitte & Touche LLP in a report said there is “a material uncertainty relating to Eskom’s ability to continue as a going concern,” the utility said in its annual financial report. [1/2] Locals walk past electricity pylons during frequent power outages from South African utility Eskom, caused by its aging coal-fired plants, in Orlando, Soweto, South Africa, September 28, 2022. REUTERS/Siphiwe Sibeko/File Photo 1 2In response, Eskom said it was investigating the incident and was finalising a disciplinary process against an individual. Eskom CEO Andre De Ruyter resigned this month saying a lack of political support had made his position "untenable".

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