Page 282 - SAMRC Annual Report 2023-24

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

(CONTINUED)

31 MARCH 31 MARCH
2024 2023
R R
20. Revenue (continued)

The amount included in revenue arising from exchanges of goods or services
are as follows:
Income from contracts, grants and services rendered (exchange) 552,429,032 466,501,867
Rental income 6,208,292 6,661,641
Gain on foreign exchange 1,162,965 8,458,753
Fair value adjustments 211,431 –
Other income 13,277,161 12,910,101
Interest received – investment 62,613,758 42,317,948
Dividends received 181,529 227,927

636,084,168 537,078,237

The amount included in revenue arising from non-exchange transactions is as follows:
Baseline grant 660,413,043 677,264,348
Income from contracts and grants (non-exchange) 134,413,603 126,871,219
794,826,646 804,135,567
Included in Income from contracts, grants and services rendered (non-exchange) is the in kind
donations received R20,622,547

Revenue
Income from contracts, grants and services rendered – exchange 552,429,032 466,501,867
Income from contracts, grants and services rendered – non-exchange 134,413,603 126,871,219
Government grants 660,413,043 677,264,348

1,347,255,678 1,270,637,434

21. Other income

Rental income – third party 6,208,292 6,661,641
Gain on foreign exchange 1,162,965 8,458,753
Other income 13,277,161 12,910,101
20,648,418 28,030,495

280 SAMRC ANNUAL REPOR T 2023-24