Page 228 - SAMRC Annual Report 2023-24
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ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
STATEMENT OF FINANCIAL PERFORMANCE
31 MARCH 31 MARCH
2024 2023
NOTE(S) R R
Revenue 20 1,347,255,678 1,270,637,434
Other income 21 20,648,418 28,030,495
Operating expenses 23 (1,451,905,870) (1,333,008,032)
Operating deficit 32 (84,001,774) (34,340,103)
Investment income 22 62,795,287 42,545,875
Fair value adjustments 30 211,431 (367,464)
Finance costs 25 (371,551) (293,179)
(Deficit) surplus for the year (21,366,607) 7,545,129
226 SAMRC ANNUAL REPOR T 2023-24
