Page 244 - SAMRC Annual Report 2024-2025
P. 244

Additional disclosure relating to material losses in terms of PFMA Section 55(2)(b)(i) &(iii)) 4
            a)  Details of material losses through criminal conduct
            No material losses through criminal conduct were incurred during the period ended 31 March 2024.

            Late and/or non-payment of suppliers
                                                                                 2024/2025         2023/2024
            MATERIAL LOSSES THROUGH CRIMINAL CONDUCT                                 R’000             R’000
            Theft                                                                       –                 –
            Other material losses                                                       –                 –
            Less: Recoverable                                                           –                 –
            Less: Not recoverable and written off                                       –                 –
            TOTAL                                                                       –                 –

            b)  Details of other material losses

                                                                                 2024/2025         2023/2024
            NATURE OF OTHER MATERIAL LOSSES                                          R’000             R’000
            (Group major categories, but list material items)                           –                 –
                                                                                        –                 –
                                                                                        –                 –
                                                                                        –                 –
            TOTAL                                                                       –                 –
            Include discussion here where deemed relevant and criminal or disciplinary steps taken by the institution.
            c)  Other material losses recoverable

                                                                                 2024/2025         2023/2024
            NATURE OF LOSSES                                                         R’000             R’000
            (Group major categories, but list material items)                           –                 –
                                                                                        –                 –
                                                                                        –                 –
                                                                                        –                 –
            TOTAL                                                                       –                 –
            Include discussion here where deemed relevant.
            d)  Other material losses not recoverable and written off

                                                                                 2024/2025         2023/2024
            NATURE OF LOSSES                                                         R’000             R’000
            (Group major categories, but list material items)                           –                 –
                                                                                        –                 –
                                                                                        –                 –
                                                                                        –                 –
            TOTAL                                                                       –                 –
            Include discussion here where deemed relevant.


            3   Group similar items
            4   Information related to material losses must also be disclosed in the annual financial statements.


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