Page 285 - SAMRC Annual Report 2023-24

FINANCIAL INFORMATION

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
27. General expenses

Advertising 2,614,308 1,591,243
Auditors remuneration 3,312,042 2,962,152
Bank charges 739,624 515,003
Cleaning consumables 7,461,135 6,735,894
Computer expenses 40,500,283 30,612,248
Consulting and professional fees 15,750,741 14,331,644
Donations 470,159 824,119
Insurance 5,032,051 5,988,777
Personal Protective Equipment 2,028 126,500
Magazines, books and periodicals 9,638,775 8,255,250
Postage and courier 1,380,104 2,125,690
Printing, stationery and publication costs 10,638,387 11,781,967
Security 11,708,053 10,799,556
Subscriptions and membership fees 1,602,396 1,123,867
Telephone and fax 1,525,160 3,186,233
Training 4,088,615 4,700,729
Travel, subsistence and conference attendance 57,445,381 45,047,840
Utilities 18,607,182 20,166,184
Laboratory operating cost 50,937,608 53,157,116
Skills Development levies 3,847,309 3,451,731
Other expenses 20,889,848 12,428,210
268,191,189 239,911,953

The Collaborative research costs previously included in General expenses is now
disclosed separately (2023: R557,624,439).

Travel, subsistence and conference attendance
Local travel 6,365,930 4,861,197
Overseas travel 11,814,836 7,903,394
Accommodation – local and overseas 9,171,021 7,092,191
Subsistence and travel expenditure 8,854,458 8,451,580
Conference expenditure 9,450,946 5,459,067
Participant incentives 11,788,190 11,280,411
57,445,381 45,047,840

SAMRC ANNUAL REPOR T 2023-24 283