Page 265 - SAMRC Annual Report 2024-2025

FINANCIAL INFORMATION

ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

2025 2024
31 MARCH 31 MARCH
NOTE(S) R R
Assets
Current Assets
Financial assets at fair value 3 11,237,073 9,551,014
Receivables from exchange transactions 4 74,485,043 88,216,813
Receivables from non-exchange transactions 5 21,723,586 9,055,438
VAT receivable 6 13,248,404 25,439,861
Prepayments 7 17,066,984 15,370,930
Cash and cash equivalents 8 679,806,132 522,082,612

817,567,222 669,716,668
Non-Current Assets
Biological assets that form part of an agricultural activity 9 20,000 25,000
Property, plant and equipment 10 337,692,725 310,432,000
Intangible assets 11 15,681,700 19,113,116
Living resources 12 1,233,985 1,063,039
Investments in controlled entities 13 2 2
Employee benefit asset 17 10,436,000 8,961,000
365,064,412 339,594,157
Total Assets 1,182,631,634 1,009,310,825
Liabilities
Current Liabilities
Payables from exchange transactions 14 103,019,401 115,637,520
Provisions 15 56,765,448 21,019,052
Deferred income 16 538,756,205 448,637,352
698,541,054 585,293,924
Non-Current Liabilities
Employee benefit obligation 17 4,931,000 5,913,000
Earmarked funds 18 5,544,761 5,155,290
10,475,761 11,068,290
Total Liabilities 709,016,815 596,362,214
Net Assets 473,614,819 412,948,611
Accumulated surplus 19 473,614,819 412,948,611

SAMRC ANNUAL REPOR T 2025-26 263