Page 269 - SAMRC Annual Report 2024-2025

FINANCIAL INFORMATION

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

OF BUDGET AND ACTUAL AMOUNTS

Budget on Accrual Basis
DIFFERENCE
BETWEEN
ACTUAL FINAL
AMOUNTS ON BUDGET
APPROVED FINAL COMPARABLE AND
BUDGET ADJUSTMENTS BUDGET BASIS ACTUAL REFERENCE
R R R R R
Statement of Financial Performance
Revenue
Non-tax revenue
Sale of goods and services 909,773,000 139,428,584 1,049,201,584 684,684,518 (364,517,066) 42
Other non-tax revenue 65,659,000 – 65,659,000 82,662,932 17,003,932 42
Transfers received 859,833,000 (139,428,584) 720,404,416 724,161,231 3,756,815
Total revenue 1,835,265,000 – 1,835,265,000 1,491,508,681 (343,756,319)

Expenditure
Compensation of employees (636,557,000) – (636,557,000) (599,247,707) 37,309,293 42
Goods and services (1,050,327,000) (112,381,000) (1,162,708,000) (794,369,031) 368,338,969 42
Depreciation (36,000,000) – (36,000,000) (37,225,735) (1,225,735)
Transfers and Subsidies (112,381,000) 112,381,000 – – –
Total expenditure (1,835,265,000) – (1,835,265,000) (1,430,842,473) 404,422,527
Surplus/(deficit) – – – 60,666,208 60,666,208
Actual Amount on
Comparable Basis
as Presented in the
Budget and Actual
Comparative Statement – – – 60,666,208 60,666,208

SAMRC ANNUAL REPOR T 2025-26 267