Page 271 - SAMRC Annual Report 2023-24

FINANCIAL INFORMATION

ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
NOTES TO THE ANNUAL FINANCIAL STATEMENTS

(CONTINUED)

11. Intangible assets

31 MARCH 2024 31 MARCH 2023
ACCUMULATED ACCUMULATED
AMORTISATION AMORTISATION
AND AND
COST/ ACCUMULATED CARRYING COST/ ACCUMULATED CARRYING
VALUATION IMPAIRMENT VALUE VALUATION IMPAIRMENT VALUE
Computer software 35,589,950 (16,476,834) 19,113,116 25,185,267 (10,962,225) 14,223,042

Reconciliation of intangible assets – 31 March 2024
OPENING
BALANCE ADDITIONS DISPOSALS AMORTISATION TOTAL
Computer software 14,223,042 11,707,723 (1) (6,817,648) 19,113,116

Reconciliation of intangible assets – 31 March 2023
OPENING
BALANCE ADDITIONS AMORTISATION TOTAL
Computer software 15,029,685 2,805,666 (3,612,309) 14,223,042
There are no restrictions on the title of intangible assets.

12. Living Resources

31 MARCH 2024 31 MARCH 2023
ACCUMULATED ACCUMULATED
DEPRECIATION DEPRECIATION
AND AND
COST/ ACCUMULATED CARRYING COST/ ACCUMULATED CARRYING
VALUATION IMPAIRMENT VALUE VALUATION IMPAIRMENT VALUE
Rhesus monkeys 825,571 (300,211) 525,360 939,805 (303,431) 636,374
Vervet monkeys 848,479 (310,800) 537,679 829,814 (304,041) 525,773
Total 1,674,050 (611,011) 1,063,039 1,769,619 (607,472) 1,162,147

Reconciliation of living resources – March 2024
OPENING DEPRE-
BALANCES ADDITIONS DISPOSALS CIATION TOTAL
Rhesus monkeys 636,374 76,268 (155,743) (31,539) 525,360
Vervet monkeys 525,773 70,263 (29,988) (28,369) 537,679
1,162,147 146,531 (185,731) (59,908) 1,063,039

Reconciliation of living resources – March 2023
DISPOSALS DEPRE-
OPENING ADDITIONS BALANCE CIATION TOTAL
Rhesus monkeys 639,920 114,401 (73,705) (44,242) 636,374
Vervet monkeys 716,977 42,808 (191,161) (42,851) 525,773
1,356,897 157,209 (264,866) (87,093) 1,162,147

The last selling price per animal type was used to determine the fair value as there is not an active market for these animals.

SAMRC ANNUAL REPOR T 2023-24 269