Page 267 - SAMRC Annual Report 2024-2025
P. 267
FINANCIAL INFORMATION
ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
STATEMENT OF CHANGES IN NET ASSETS
TOTAL NET
ASSETS
R
Balance at 1 April, 2023 434,315,218
Changes in net assets
Deficit for the year (21,366,607)
Total changes (21,366,607)
Balance at 1 April, 2024 412,948,611
Changes in net assets
Surplus for the year 60,666,208
Total changes 60,666,208
Balance at 31 March, 2025 473,614,819
SAMRC ANNUAL REPOR T 2025-26 265
